RBI Clears 99 Percent Applications Within Deadline Under Citizen's Charter

The Reserve Bank of India (RBI) on Wednesday said it has processed 99.9 per cent of applications within the prescribed timeline under its Citizen's Charter in March 2026, according to official data.

The central bank said it handled a total of 24,911 applications in March, including pending cases and fresh receipts, after adjusting for those referred back to applicants for additional information.

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As many as 3,195 applications were pending at the beginning of March, while 22,243 fresh applications were received during the month. A total of 527 cases were referred back to applicants for additional details, taking the net number of applications for processing to 24,911.

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Of these, 21,459 applications were processed during March. As many as 21,428 cases, or 99.9 per cent, were disposed of within the stipulated timeline, while only 31 cases, or 0.1 per cent were cleared beyond the deadline, RBI data showed.

At the end of the month, 3,452 applications remained pending, of which 3,435 cases, or 99.5 per cent were still within the prescribed timeline and 17 cases, or 0.5 per cent were beyond it. Of the delayed cases, 14 were awaiting inputs from external agencies and three were under process, the RBI said.

Function-wise data showed that 'Banker to Banks and Governments' and 'Currency Management' accounted for the bulk of applications. Under 'Banker to Banks and Governments', 11,057 applications were processed, all within the timeline. In 'Currency Management', 7,682 applications were cleared within time and 1 beyond it, while 1,323 cases were pending within the timeline, data showed.

In 'Foreign Exchange Management', 1,306 applications were processed within the timeline and 10 beyond it, with 1,049 cases pending within the deadline and 13 beyond it. Under 'Regulation and Supervision', 465 cases were processed within time and eight beyond it, while 795 remained pending within the timeline.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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