The Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Seventh Amendment Directions, 2026, issued under Section 35A of the Banking Regulation Act, 1949, substantially revise Annex III (Basel Pillar 3 Disclosure Requirements) of the Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Directions, 2025. The amendment introduces a comprehensive Basel Pillar 3 disclosure framework aligned with international Basel standards, prescribing enhanced disclosure principles, governance requirements, reporting templates, publication timelines, and qualitative and quantitative disclosure requirements to improve transparency,
comparability, and market discipline. The amendments come into effect from 1 April 2027, with phased implementation for quarterly, half-yearly, and annual disclosures. The amendment comprehensively revises the Basel Pillar 3 disclosure framework introduces Board-approved disclosure policies, enhanced internal controls and senior management attestations, a dedicated Regulatory Disclosure Section on banks websites, revised disclosure templates and reporting formats, updated disclosure frequencies and publication timelines, strengthened qualitative and quantitative disclosure requirements, and greater alignment with international Basel Committee standards for regulatory capital, risk exposures, liquidity, leverage, and risk management disclosures.
