# RBI climate data repository RB-CRIS set for rollout

2026-08-09T22:43:09+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

The Reserve Bank of India is close to operationalising RB-CRIS, its climate data repository, with the physical risk module expected in two to three months, ETBFSI reports. Announced in October 2024 by then Governor Shaktikanta Das, the repository will first cover floods, cyclones, droughts and extreme temperatures before addressing transition risk. Industry participants cited challenges: converting raw climate data into usable financial risk information requires pin-code level granularity, which banks often lack for their assets. Transition risk modelling is even more complex, depending on economic growth, geopolitics and carbon pricing. The person working on RB-CRIS said banks must first learn their own asset coordinates, and physical risk assessment may eventually need to be mandated by SEBI and RBI.

## Coverage

- bfsi.economictimes.indiatimes.com <https://bfsi.economictimes.indiatimes.com/articles/rbis-climate-risk-repository-rb-cris-in-final-stages-physical-risk-module-expected-in-coming-months/133069119>

Tags: climate risk, financial regulation, physical risk, RB-CRIS, RBI, transition risk
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