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RBI Circular of the Month — June 2026

The most compliance-critical RBI circular this month, explained for practitioners. Updated every 1st of the month.

This month's circular

RBI Master Direction on IT Governance, Risk, Controls & Assurance Practices — Compliance Deadline Reminder

Circular reference
MD-ITGRC/2023/01
Date
November 2023
Effective from
April 2024
Why it matters now: Annual IS Audit deadline approaching (March 31, 2027 for FY26-27)

3-point plain-English summary

  1. All regulated entities must complete IS Audit by a CERT-In empanelled auditor before March 31, 2027
  2. Quarterly Board IT Committee meeting and risk report required
  3. Cloud migration to core banking must be notified to RBI 30 days in advance

Previous circulars

  • May 2026
    RBI payment aggregator cyber security audit requirement
    Archive
  • April 2026
    RBI NBFC IT governance compliance reminder
    Archive
  • March 2026
    RBI data localisation update for card networks
    Archive

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