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RBI Permits Delegation of ATM Cassette Swap Monitoring

1 October 2026 · RBI

RBI has modified its circular on ATM cassette swaps, permitting bank Boards to delegate the monitoring of implementation progress to a Committee of Executives. The amendment aligns with the RBI Governance Amendment Directions 2026 across commercial, small finance, payments, and local area banks.

RBI has modified its circular on ATM cassette swaps, permitting bank Boards to delegate the monitoring of implementation progress to a Committee of Executives. The amendment aligns with the RBI Governance Amendment Directions 2026 across commercial, small finance, payments, and local area banks.

Official source

RBI

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