RBI Tweaks Reference Date For Fortnightly Reporting By Scheduled Banks

The Reserve Bank of India has tweaked the cut-off date for fortnightly reporting by scheduled banks, without changing the reporting frequency itself. The change has been brought by the notification of the Reserve Bank of India Scheduled Banks' (Amendment) Regulations, 2025.

Banks, which were already filing returns on a fortnightly basis, will now report their statement of position as on the last day of the fortnight, instead of the earlier practice of reporting figures as on a Friday. The change aligns the reporting date with the actual end of the reporting period.

If the last day of the fortnight falls on a public holiday, banks may submit figures for the preceding working day, though the return will still be treated as relating to the last day of the fortnight.

The amended regulations came into effect on December 15, 2025