Mumbai: RBI directed banks to ensure that directors and candidates for the post haveto provide details about instances where they have come to adverse notice of a regulatory body, unless the matter has been settled in their favour. "Though it shall not be necessary for a candidate to mention in the column about orders and findings made by regulators which have been later on reversed/set aside in toto, it would be necessary to make a mention of the same, in case the reversal /setting aside is on technical reasons like limitation or lack of jurisdiction, etc," the Reserve Bank of India said. It added: "If the order of the regulator is temporarily stayed and the appellate/court proceedings are pending, the same also should be mentioned." The latest notification comes as a partial modification to the 'Declaration and Undertaking' for the purpose of conducting due diligence to determine status of directors. RBI has over the years prescribed certain rules for private and public banks, including SBI and its associate banks, to seek declaration and undertaking from existing directors and persons who are appointed or promoted as directors. Under the earlier rules, candidates were simply asked if they had at any time come to the "adverse notice of a regulator such as SEBI, IRDA or CSA", without seeking any details.