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Policy & Regulation · 2 stories · About 1 minutePublished 7:00 am IST

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  1. 02Policy & RegulationReserve Bank of India proposes consolidated priority sector lending draft directionsRegulated entities must evaluate the draft rules, as the final version will trigger the repeal of all existing instructions not specifically included in the new consolidated framework.
  2. 06Policy & RegulationIndia reportedly considers removing legal immunity for social media platformsEnding these protections would force a major shift in compliance and risk management.
Policy & Regulation02 / 06

Reserve Bank of India proposes consolidated priority sector lending draft directions

File photograph: Reserve Bank of India.
File photograph: Reserve Bank of India. · Vyacheslav Argenberg / Wikimedia CommonsCC BY 4.0

What happened

The Reserve Bank of India has released five draft directions for public consultation to consolidate guidelines on priority sector lending. The proposals cover commercial banks, small finance banks, local area banks, regional rural banks, and urban co-operative banks.

Why it matters

Regulated entities must evaluate the draft rules, as the final version will trigger the repeal of all existing instructions not specifically included in the new consolidated framework. Stakeholders should review the impact of these changes on their specific lending requirements.

Bigger picture

This initiative is part of the central bank's ongoing regulatory consolidation project, which aims to streamline and simplify disparate instructions issued over time across different banking categories.

Watch next

Stakeholders must submit feedback by November 26, 2026, via the RBI's 'Connect 2 Regulate' portal or by email.

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Policy & Regulation06 / 06

India reportedly considers removing legal immunity for social media platforms

What happened

The Indian IT Ministry is exploring whether to scrap safe harbour protections that currently shield social media platforms from legal liability regarding third-party content, according to The Indian Express.

Why it matters

Ending these protections would force a major shift in compliance and risk management. Platforms could face direct legal liability for user posts, necessitating extensive changes to how these companies moderate content and handle operational risk in the Indian market.

Bigger picture

The move reflects a global regulatory trend of increasing the accountability of technology companies for content on their services, as governments continue to weigh intermediary liability against safety concerns.

Watch next

Monitor the IT Ministry for formal policy proposals or potential amendments to existing regulations concerning safe harbour provisions.

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