Overview
- The Reserve Bank of India issued 10 amendment directions on Thursday, July 30, 2026, formally updating Pillar 3 disclosure rules after reviewing feedback on the May draft.
- The rules require banking groups to publish disclosures at the top consolidated level while non-top entities must publish standalone Pillar 3 reports.
- Banks must adopt a formal disclosure policy approved by their boards and subject all published Pillar 3 information to internal review and control processes.
- The amendments cover prudential areas such as capital adequacy, asset‑liability management, governance and financial statement presentation, while templates for market risk, operational risk, counterparty credit risk, credit valuation adjustment and leverage ratio will be issued separately.
- The changes strengthen transparency so investors can better assess capital and risk exposures, but they will raise reporting and compliance work for banks and may affect how markets judge bank health going forward.