The Reserve Bank of India (RBI) has introduced a significant regulatory update requiring all cooperative banks- including Urban Cooperative Banks (UCBs), State Cooperative Banks (StCBs), and District Central Cooperative Banks (DCCBs)-to submit their Internet Banking Return (R065) and Mobile Banking Return (R102) through the newly launched Centralised Information Management System (CIMS).
This mandate, effective from August 2025, aims to streamline data reporting and enhance the central bank’s oversight capabilities. The Internet Banking Return (R065) and Mobile Banking Return (R102) are monthly returns that cooperative banks must submit via the CIMS portal ([https://cims.rbi.org.in/#/login](https://cims.rbi.org.in/#/login)).
The RBI stipulates that these returns must be filed by the 7th of the following month; for instance, the return for August 2025 should be submitted by September 7, 2025. This timeline aligns with the reporting practices of other banking entities, ensuring consistency across the financial sector.
To facilitate this transition, the RBI has designated Admin Users for each reporting entity within the CIMS platform. These Admin Users are responsible for generating login credentials for officials tasked with submitting the returns.
This centralized approach is part of the RBI’s broader initiative to consolidate supervisory returns across various banking institutions, including Scheduled Commercial Banks, Regional Rural Banks, Payment Banks, and Small Finance Banks.
The directive underscores the importance of compliance, referencing Section 12 read with Section 19 of the Payment and Settlement Systems Act, 2007. Non-compliance with this mandate may attract penal action, emphasizing the RBI’s commitment to enforcing regulatory standards and ensuring data integrity within the banking sector.
This move is part of the RBI’s ongoing efforts to modernize and standardize banking operations across India. By centralizing data reporting through CIMS, the RBI aims to enhance the accuracy and timeliness of information, facilitating better decision-making and risk management.
For cooperative banks, this transition necessitates upgrades to their internal systems and processes to ensure seamless integration with the CIMS platform. Additionally, adherence to the new reporting requirements will be crucial for maintaining regulatory compliance and avoiding potential penalties.
As the RBI continues to implement digital banking reforms, cooperative banks must stay abreast of these developments and prepare accordingly. Engaging with the CIMS portal and establishing robust internal controls will be vital steps in aligning with the central bank’s expectations and contributing to the broader objective of a more transparent and efficient banking ecosystem.
