RBI issues Reserve Bank of India (Commercial Banks – Forthcoming Instructions) Second Amendment Directions, 2026 on Minimum Capital Requirements for Operational Risk

The extract gives limited detail on the precise changes, but it confirms that operational-risk capital remains an active supervisory priority and that banks should expect continued refinement of the prudential framework before final implementation. For compliance and risk teams, the immediate task is to compare the amended directions with existing policies, operational-risk models, capital calculation processes, governance arrangements and board-approved risk appetite. Firms should assess whether the changes affect capital buffers, regulatory reporting, validation, stress testing, ICAAP or disclosure obligations, and whether systems and data need updating.

Because the instrument is framed as forthcoming instructions, implementation planning and traceability to the final directions will be important. Banks should assign ownership, perform a gap analysis, document assumptions and monitor RBI for effective dates and any further amendments. Smaller banks may need proportionate but robust controls; larger banks should focus on model, data and reporting implications.

Overall impact is moderate until the detailed provisions are confirmed; urgency is medium, with no specific deadline identified in the extract.