RBI issues operational risk capital rules, sets implementation date for Basel III framework

The RBI issued the Second Amendment Directions, 2026, specifying the effective date and BI mapping for minimum operational risk capital requirements under the revised Basel III framework, following the Governor's October 2025 announcement. This provides regulatory clarity for Indian commercial banks, which must now align capital planning and systems. The move is part of a phased implementation, with the exact timeline and impact on bank capital ratios still to be assessed.

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