IN FORCE Procedural & compliance ·?

Implementation of provisions of the Banking Laws (Amendment) Act, 2025

Reliability

In force — no superseding record on file.

Document text

Page 1 of 1

CIRCULAR

   e-File. No. IFSCA-FMPP0BR/35/2025-Banking                    December 12, 2025 

      To

All Banking Units

Dear Sir/Madam,

Subject: Implementation of provisions of the Banking Laws (Amendment) Act,

2025

Attention of IBUs is drawn to the notification no.S.O. 4789 (E) of Department of Financial Services dated October 22, 2025, appointing November 1, 2025, as the date for coming into force of the provisions of sections 10, 11, 12 and 13 of the Banking Laws (Amendment) Act, 2025 (16 of 2025). (“the Act”).
IBUs are directed to ensure compliance with the provisions of the Act.
These directions are issued in exercise of the powers conferred on the Authority by Section12 and Section 13 of the IFSCA Act, 2019 read with Section 35A of the Banking regulation Act, 1949.

Yours faithfully

(Supriyo Bhattacharjee)
Chief General Manager
Department of Banking

Verbatim extracted text (OCR/PDF). Older scans and tables may show extraction artifacts — verify against the original for anything you act on.

Analysis

No analysis generated for this document yet (analysis runs over brief docs + on-demand). Run build_analysis.py --ids 4458 --apply.