rbi_check_compliance HEADLINE
(text, topic_hint?, limit?)
Paste a clause, PRD section, or draft policy paragraph, get back ranked relevant RBI provisions with full citations. Topic hints bias retrieval (PA, KYC, PPI, cards, e-mandate, AFA).
RBI Source MCP
The entire RBI corpus, version-aware, citation-first, in your AI workflow.
https://rbi-source.harshil.ai/mcp/
Unofficial· Retrieval-only· Citation-first· MIT· Live in Mumbai
What it does
Paste a clause. Get cited RBI provisions back.
01
You paste
A clause, PRD section, or draft policy paragraph into Claude, ChatGPT, Cursor, or any MCP-capable client.
02
The MCP retrieves
Hybrid search over 803 RBI publications: Master Directions, Circulars, FAQs, Press Releases. Returns the relevant provisions ranked.
03
You get citations
Paragraph anchor, official RBI URL, reference number, last-updated date, current/withdrawn status. Then your LLM synthesizes.
Retrieval-only. The MCP doesn't issue compliance verdicts. Your LLM synthesizes from the cited provisions; you verify with a qualified human compliance reviewer before acting.
Corpus coverage
Hybrid retrieval over five families of RBI publications. FTS5 (BM25 sparse) fused with sqlite-vec (bge-small-en-v1.5 384-dim dense) via Reciprocal Rank Fusion, k=60.
342
Master Directions
50,088 chunks
290
Standalone Circulars
1,532 chunks
98
FAQs
1,828 chunks
54
Press Releases
357 chunks
19
Master Circulars
2,848 chunks
Total 803 documents · 56,653 indexed chunks · plus 9,908 withdrawn-circular records for rbi_check_current lookup
Tools
Four MCP tools. Every response carries the disclaimer at the top of the JSON envelope, success path and error path alike.
rbi_search
(query, filters?, limit?)
Direct keyword/topic retrieval. For when you have a clean query like "net-worth requirements for PAs" rather than a clause to compliance-check.
rbi_get_document
(document_id, include_text?, as_of?)
Fetch a document's metadata and table of contents (chunk anchors, sections, page numbers). Optionally include the full assembled body text.
rbi_check_current
(url_or_ref)
Paste an RBI URL, learn whether it's current, withdrawn, or out-of-corpus. Three-step lookup: withdrawn list → active corpus → not-withdrawn-with-caveat. Never silently fails.
Install in 30 seconds
Public, unauthenticated, free. Point any MCP-capable client at https://rbi-source.harshil.ai/mcp/. The four tools become available in your next conversation.
| Client | How to connect |
|---|---|
| Claude Code | claude mcp add rbi-source --transport http https://rbi-source.harshil.ai/mcp/ |
| Claude.ai / Claude Desktop | Settings → Connectors → Add custom connector → paste the URL. Requires a paid plan (Pro / Team / Enterprise). |
| ChatGPT | Settings → Connectors → Create custom connector → paste the URL. Requires a paid plan (Plus / Pro / Team / Enterprise). |
| Cursor | Settings → MCP → Add new MCP server → type streamable-http, URL above. |
| Claude Cowork | Settings → Connectors → Add custom connector → paste the URL. |
| Cline (VSCode) | Edit ~/.cline/mcp_settings.json with {"type":"streamableHttp","url":"…"}. Snippet |
| Continue.dev | Edit ~/.continue/config.json. Snippet |
| Goose (Block) | Edit ~/.config/goose/config.yaml. Snippet |
| Zed | Edit ~/.config/zed/settings.json. Snippet |
| Any streamable HTTP MCP client | Point it at https://rbi-source.harshil.ai/mcp/. |
Verified end-to-end on Claude Code and Claude.ai. Other client snippets follow each tool's documented MCP-config format. Open an issue if something breaks.
Sample interaction
A connected client asks "What are the net-worth requirements for a payment aggregator?", calls rbi_check_compliance, and returns the cited RBI provision below:
Request
{
"jsonrpc": "2.0",
"method": "tools/call",
"id": 1,
"params": {
"name": "rbi_check_compliance",
"arguments": {
"text": "Our payment aggregator entity has a
net worth of ₹10 crore at authorisation.",
"topic_hint": "pa",
"limit": 1
}
}
}Response (abbreviated)
{
"_disclaimer": "NOT LEGAL ADVICE. RBI Source MCP
returns source-grounded retrieval over RBI
publications…",
"_llm_instruction": "When presenting results,
ALWAYS surface this disclaimer…",
"relevant_provisions": [{
"document_id": "rbi:master_direction:12896",
"title": "Master Direction on Regulation of
Payment Aggregator (PA)",
"rbi_ref": "RBI/DPSS/2025-26/141",
"section": "6", "paragraph_anchor": "6.a",
"page": 4,
"quoted_text": "An entity seeking
authorisation to commence or carry on PA
business shall have a minimum net-worth of
₹15 crore…",
"official_url": "https://www.rbi.org.in/
Scripts/BS_ViewMasDirections.aspx?id=12896",
"status": "current"
}],
"low_confidence": false,
"retrieval": "hybrid"
}In a real Claude conversation
Tell me about lending FLDG, can I do 10% FLDG?
On the cited RBI materials, 10% DLG is outside the published framework: the cap is 5% of the loan portfolio, specified upfront.
Terminology. RBI calls this Default Loss Guarantee (DLG); the industry says FLDG. Originally introduced via circular DOR.CRE.REC.21/21.07.001/2023-24 dated June 8, 2023, the framework now sits inside the Digital Lending chapters of the various Credit Facilities Directions.
The 5% cap. Per the DLG guidelines and the RBI FAQ (Nov 5, 2024), the total amount of DLG cover on any outstanding portfolio shall not exceed 5% of that loan portfolio.
Relabelling the arrangement would not change treatment if it functions as a portfolio-linked guarantee.
Not legal advice. Verify against the official RBI DLG FAQ and consult a qualified compliance reviewer before acting.Is it compliant to onboard merchants only with an email and password as a PA?
On the cited PA Direction, email and password alone would not satisfy merchant onboarding requirements. The PA Master Direction (RBI/DPSS/2025-26/141) sets out CDD, merchant identification, and security-assessment obligations that authentication credentials cannot satisfy on their own.
Section 13(a) — Customer Due Diligence. A PA must undertake CDD per the MD on KYC, retrieving merchant records from the CKYCR with consent. Identity proof, address proof, beneficial-ownership for non-individuals — none of which an email + password can satisfy.
Section 13(e) — Merchant identification. The PA must allot an MCC and Merchant ID / Terminal ID, and capture the merchant's name correctly for every transaction.
Section 1.4 (Tech & Security annex). A comprehensive security assessment is required during onboarding.
Not legal advice. Verify with a qualified compliance reviewer before acting.Architecture
- Hybrid retrieval. SQLite FTS5 for sparse (BM25) plus sqlite-vec for dense vectors (384-dim,
bge-small-en-v1.5via sentence-transformers). Reciprocal Rank Fusion at k=60 calibrated against a 25-case eval set. - Public, unauthenticated, retrieval-only. OAuth 2.1 ceremonial endpoints (RFC 8414, 9728, 7591) for clients that require the discovery walk; tokens are not gated on the actual MCP path.
- Streamable-HTTP transport. Per-IP rate limit (60 req/min) on
/mcp/, body-size cap (200 KB), HTTP-level disclaimer banner, embedder runs in a thread pool so the asyncio event loop never blocks. - Weekly refresh planned via GitHub Action. Smoke-test gate (the eval suite) must pass at ≥80% before the new corpus atomic-swaps onto the Fly volume.
- Fully open source, MIT. Run your own copy with
git clone+uv sync+rbi-source-index-all.
Disclaimer
Source retrieval only. RBI Source MCP returns cited passages from RBI publications. It does not interpret those passages, issue opinions, or determine compliance. Any summary or conclusion is produced outside this server and must be independently reviewed against the official RBI text.
- Not legal advice. The MCP does not interpret, opine, or advise.
- Provisions may have been amended, withdrawn, or superseded after this corpus's last refresh. Check the
official_urlon each provision for the live RBI page. - Verify with a qualified human compliance reviewer before acting on any provision returned.
- Unofficial. This is a community-maintained open-source tool and is not affiliated with, endorsed by, or sponsored by the Reserve Bank of India.