Reserve Bank of India (Commercial Banks – Fraud Risk Management) Directions, 2026

Source: Reserve Bank of India

Category: Digital Lending

Published: Fri, 31 Jul 2026 16:00:00

RBI/DoS/2026-27/412 DoS.CO.FMG.6/23.04.001/2026-27 July 31, 2026 Reserve Bank of India (Commercial Banks – Fraud Risk Management) Directions, 2026 Table of Contents Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Governance and Oversight A. Governance Structure for Fraud Risk Management Chapter III – Early Detection of Frauds - Framework for Early Warning Signals and Red Flagging of Accounts A. Governance Structure B. EWS / RFA Framework for Credit Facilities / Loan Accounts C. EWS Framework for Other Banking / Non-Credit Related Transactions Chapter IV - General Instructions A. Credit facility / Loan account classified as Red-flagged Account and Reporting of Fraud B. Independent Confirmation from Third-party Service Providers including Professionals C. Staff Accountability D. Penal Measures E. Treatment of Accounts under Resolution Chapter V - Reporting of Frauds to Law Enforcement Agencies Chapter VI - Reporting to Reserve Bank of India A. Reporting of Incidents of Fraud B. Central Fraud Registry C. Modalities of Reporting Incidents of Fraud D. Closure of Fraud Cases Reported Chapter VII - Cheque Related Frauds - Re