RBI IT Governance Copilot
Navigate the RBI Master Direction on IT governance, risk, controls and assurance with confidence
What the RBI IT Governance Copilot Can Do
Understand board and senior management accountability under paragraphs 5–8
Map third-party IT arrangement obligations under paragraph 10 to vendor contracts
Identify VA/PT scope and frequency requirements for critical systems under paragraph 26
Navigate cyber incident response and RBI reporting timelines under paragraph 27
Interpret BCP and disaster recovery testing obligations under paragraphs 28–29
Track IS audit scope and auditor competency requirements under paragraph 30
About RBI IT Governance Copilot
The RBI Master Direction RBI/2023-24/107 sets detailed requirements for IT governance, risk management, cyber security, business continuity, and IS audit across scheduled commercial banks, small finance banks, payments banks, eligible NBFCs, credit information companies, and all India financial institutions. ISMS Copilot helps your team interpret the Direction's seven chapters and related instruments so you can build and evidence a compliant IT control environment.
Frequently Asked Questions
What is the RBI Master Direction on IT governance, risk, controls and assurance practices?
RBI/2023-24/107 is a Master Direction issued by the Reserve Bank of India on 7 November 2023, effective 1 April 2024, that consolidates requirements for IT governance, infrastructure management, information security risk, business continuity, and IS audit across scheduled commercial banks (excluding regional rural banks), small finance banks, payments banks, NBFCs in the Middle, Upper and Top layers, credit information companies, and all India financial institutions. It is structured across seven chapters and 32 paragraphs and should be read alongside the RBI Cyber Security Framework in Banks (2016) and the RBI Outsourcing of IT Services Directions (2023).
How does the RBI IT Governance Copilot help?
Copilot helps your compliance, IT, and risk teams interpret specific paragraphs of the Master Direction — such as the IT Strategy Committee composition requirements in paragraph 6, third-party due-diligence obligations in paragraph 10, or the cyber incident response framework in paragraph 27 — so you can translate regulatory text into actionable control designs and prepare documentation for IS audit and board reporting.
Does the 2023 Master Direction replace the RBI Cyber Security Framework in Banks issued in 2016?
No. The Cyber Security Framework in Banks (RBI/2015-16/418, dated 2 June 2016) continues to apply to scheduled commercial banks as a sector-specific overlay alongside the 2023 Master Direction; it includes baseline cyber security and resilience requirements, a cyber crisis management plan, a SOC mandate, and the incident-reporting template for the RBI Cyber Crisis Management Cell. Paragraph 31 of the Master Direction confirms that other applicable laws and directions are not barred.
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