RBI/2024-25/18 DOR.STR.REC.13/13.03.00/2024-25 April 15, 2024 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks, excluding Payments Banks) All Primary (Urban) Co-operative Banks, State Co-operative Banks and Central Co-operative Banks All Non-Banking Financial Companies (including Housing Finance Companies) Key Facts Statement (KFS) for Loans & Advances Please refer to our instructions on Key Facts Statement (KFS) and disclosure of ...

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RBI/2024-25/17 A. P. (DIR Series) Circular No. 01 April 15, 2024 All Authorised Dealer Category – I Banks Madam / Sir, Hedging of Gold Price Risk in Overseas Markets Please refer to Paragraph 2 of theStatement on Developmental and Regulatory Policiesannounced as a part of theBi-monthly Monetary Policy Statement for 2023-24 dated February 08, 2024, regarding hedging of price risk of gold in overseas markets. Attention is also invited to theMaster Direction – Foreign Ex...

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RBI/2024-25/16 DoR.RET.REC.12/12.01.001/2024-25 April 15, 2024 The Chairperson / CEOs of all Commercial Banks Madam / Dear Sir, CIMS Project Implementation - Submission of Statutory Returns (Form A, Form VIII and Form IX) on CIMS Portal In terms of Para 29 of theMaster Direction - Reserve Bank of India [Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)] Directions - 2021(Updated as on September 25, 2023), banks submit the statutory Form A, Form VIII and Form IX (on unc...

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RBI/2024-25/15 DOR.RET.REC.11/12.07.160/2024-25 April 10, 2024 All Commercial and Co-operative Banks Madam / Dear Sir, Alteration in the name of "Sonali Bank Limited" to "Sonali Bank PLC" in the Second Schedule to the Reserve Bank of India Act, 1934 It is advised that the name of "Sonali Bank Limited" has been changed to "Sonali Bank PLC" in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DoR.LIC.No.S6044/23.13.03...

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RBI/2024-25/14 DOR.RET.REC.10/12.07.160/2024-25 April 05, 2024 All Commercial and Co-operative Banks Madam / Dear Sir, Exclusion of “Kapol Co-operative Bank Limited” from the Second Schedule to the Reserve Bank of India Act, 1934 It is advised that “Kapol Co-operative Bank Limited” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.REG/LIC.No.S6720/07.12.000/2023-24 dated February 22, 2024, which is publ...

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RBI/2024-25/13 DOR.STR.REC.9/21.04.048/2024-25 April 02, 2024 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Master Circular - Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs Please refer to ourMaster Circular DOR.STR.REC.14/21.04.048/2023-24 dated May 8, 2023consolidating instructions / guidelines issued to banks till March 31, 2023 on matters relating to prudential norms on income recognition, asset...

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RBI/2024-25/12 DOR.STR.REC.8/21.04.048/2024-25 April 02, 2024 All Commercial Banks (excluding RRBs) Madam/Dear Sir Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances Please refer to theMaster Circular DOR.STR.REC.3/21.04.048/2023-24 dated April 1, 2023consolidating instructions / guidelines issued to banks till March 31, 2023 on matters relating to prudential norms on income recognition, asset classification and ...

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RBI/2024-25/11 DOR.CRE.REC.No.07/08.12.001/2024-25 April 02, 2024 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Master Circular – Housing Finance Please refer to theMaster Circular DOR.CRE.REC.No.06/08.12.001/2023-24 dated April 03, 2023consolidating the instructions / guidelines issued to banks till March 31, 2023 relating to Housing Finance. Attached is the revisedMaster Circular, updated to reflect all instructions issued upto March 31, 2024 on the abov...

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RBI/2024-25/10 DOR.CRE.REC.No.6/07.10.002/2024-25 April 2, 2024 All Primary (Urban) Co-operative Banks Madam/Dear Sir, Master Circular - Housing Finance for UCBs Please refer to theMaster Circular DOR.CRE.REC.No.9/07.10.002/2023-24 dated April 11, 2023on the captioned subject, consolidating the instructions / guidelines issued to UCBs till April 10, 2023. Attached is the revisedMaster Circular, updated to reflect all instructions issued upto March 31, 2024 on the above matter, as...

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RBI/2024-25/09 DOR.CAP.REC.5/09.18.201/2024-25 April 01, 2024 All Primary (Urban) Co-operative Banks Dear Sir / Madam, Master Circular - Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs) Please refer to ourMaster Circular DOR.CAP.REC.11/09.18.201/2023-24 dated April 20, 2023on the captioned subject. 2. The enclosedMaster Circularconsolidates and updates all the instructions / guidelines on the subject issued up to March 31, 2024 as listed in theA...

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RBI/DCM/2024-25/115 DCM (FNVD)/G4/16.01.05/2024-25 April 01, 2024 The Chairman / Managing Director / Chief Executive Officer All Banks Madam / Dear Sir, Master Direction on Counterfeit Notes, 2024 – Detection, Reporting and Monitoring The Reserve Bank of India (RBI) has, from time to time, issued several guidelines / instructions / directives to the banks on Counterfeit Notes. 2. A Master Direction incorporating and updating the extant guidelines / instructions / direct...

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RBI/2024-25/08 DOR.CAP.REC.4/21.06.201/2024-25 April 01, 2024 All Scheduled Commercial Banks (Excluding Small Finance Banks, Payments Banks and Regional Rural Banks) Madam / Dear Sir, Master Circular – Basel III Capital Regulations Please refer to theMaster Circular No. DOR.CAP.REC.15/21.06.201/2023-24 dated May 12, 2023, consolidating therein the prudential guidelines on Basel III capital adequacy issued to banks till that date. 2. The instructions contained in the af...

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RBI/2024-25/07 CO.DGBA.GBD.No.S2/31-12-010/2024-2025 April 1, 2024 All Agency Banks Madam / Dear Sir Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission Please refer to ourMaster Circular RBI/2023-24/07, CO.DGBA.GBD.No.S1/31-12-010/2023-2024 dated April 1, 2023on the above subject. We have now revised and updated the Master Circular which consolidates important instructions on the subject issued by the Reserve Bank of India till March ...

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RBI/2024-25/06 DGBA.GBD.No.S1/31.02.007/2024-25 April 01, 2024 All Agency Banks Madam/Dear Sir Master Circular - Disbursement of Government Pension by Agency Banks Please refer to ourMaster Circular RBI/2023-24/10 dated April 03, 2023on the above subject. We have revised and updated the Master Circular which consolidates important instructions on the subject issued by the Reserve Bank of India till March 31, 2024. 2. A copy of the revisedMaster Circularis enclosed for your inf...

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RBI/2024-25/05 FIDD.CO.FID.BC.No.1/12.01.033/2024-25 April 01, 2024 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Madam/Dear Sir Master Circular on SHG-Bank Linkage Programme The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable banks to have instructions at one place, the Master Circular incorporating the existing guidelines/ instructions ...

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RBI/DCM/2024-25/114 DCM (CC) No.G-2/03.35.01/2024-25 April 01, 2024 The Chairman / Managing Director / Chief Executive Officer (All banks having Currency Chests) Madam / Dear Sir, Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests In terms of the Preamble to and Section 45 of the Reserve Bank of India Act, 1934 (RBI Act) and Section 35A of the Banking Regulation Act, 1949, Reserve Bank of India issues guidelines / instructions for rea...

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RBI/2024-25/04 DoR.STR.REC.3/09.27.000/2024-25 April 01, 2024 The Managing Director/ Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/ Madam, Master Circular - Guarantees, Co-Acceptances & Letters of Credit - UCBs Please refer to ourMaster Circular DoR.STR.REC.4/09.27.000/2023-24 dated April 1, 2023on the captioned subject (available at RBI websitehttps://rbi.org.in/). Attached is the revisedMaster Circular, updated to reflect all instructions issued ...

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RBI/DCM/2024-25/113 DCM (CC) No.G-3/03.41.01/2024-25 April 1, 2024 The Chairman / Managing Director / Chief Executive Officer All banks Madam / Dear Sir, Master Direction on Framework of incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests In terms of the Preamble to and Section 45 of the Reserve Bank of India Act, 1934 (RBI Act) and Section 35A of the Banking Regulation Act, 1949, Reserve Bank of India issues guidelines / instru...

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RBI/DCM/2024-25/112 DCM (CC) No.G-1/03.44.01/2024-25 April 01, 2024 The Chairman / Managing Director / Chief Executive Officer All banks Madam / Dear Sir, Master Direction – Scheme of Penalties for bank branches and Currency Chests for deficiency in rendering customer service to the members of public In terms of the Preamble to and Section 45 of the Reserve Bank of India Act, 1934 (RBI Act) and Section 35A of the Banking Regulation Act, 1949, Reserve Bank of India issues g...

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RBI/2024-25/03 DOR.STR.REC.2/13.07.010/2024-25 April 1, 2024 All Scheduled Commercial Banks (excluding Payments Banks and RRBs) Dear Sir / Madam Master Circular - Guarantees and Co-acceptances Please refer to theMaster Circular DOR. STR. REC.5/13.07.010/2023-24 dated April 1, 2023consolidating the instructions / guidelines issued to banks till March 31, 2023, relating to Guarantees and Co-acceptances. Attached is the revisedMaster Circular, updated to reflect all instructions is...

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RBI/2024-25/02 FIDD.CO.LBS.BC.No.01/02.01.001/2024-25 April 01, 2024 The Chairman/ Managing Director/ Chief Executive Officer SLBC/ UTLBC Convenor Banks / Lead Banks Madam/ Dear Sir, Master Circular – Lead Bank Scheme The Reserve Bank of India has issued a number of guidelines/ instructions on Lead Bank Scheme from time to time. ThisMaster Circularconsolidates the relevant guidelines/ instructions issued by Reserve Bank of India on Lead Bank Scheme up to March 31, 2024 as ...

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RBI/2024-25/01 DoR.HGG.GOV.No.1/18.10.010/2024-25 April 1, 2024 The Managing Director/Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/Madam, Master Circular on Board of Directors - UCBs Please refer to ourMaster Circular DCBR.BPD (PCB/RCB) Cir.No.2/14.01.062/2015-16 dated July 1, 2015on the captioned subject (available at RBI websitewww.rbi.org.in). The enclosedMaster Circularconsolidates and updates all the instructions / guidelines on the subject issued...

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RBI/2023-24/142 DCM (CC) No. S3425/03.41.01/2024-25 March 27, 2024 All Currency Chest holding banks Madam / Dear Sir Currency Chests (CCs) operations on March 31, 2024 The Government of India has advised to keep all branches of the banks dealing with Government receipts and payments to be kept open for transactions on Sunday, March 31, 2024 so as to account for the Government transactions relating to receipts and payments in FY 2023-24 itself. Since such transactions might necess...

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RBI/2023-24/141 CO.DPSS.RPPD.No.S1193/03-01-002/2023-2024 March 27, 2024 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Local Area Banks / Payment Banks / Small Finance Banks / National Payments Corporation of India Madam / Dear Sir, Special Clearing Operations on March 30 & 31, 2024 A reference is invite...

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RBI/2023-24/140 DOR.STR.REC.85/21.04.048/2023-24 March 27, 2024 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Investments in Alternative Investment Funds (AIFs) Please refer to thecircular DOR.STR.REC.58/21.04.048/2023-24 dated Dec...

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The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Reassignment of Lead Bank Responsibility On a review, it has been decided to reassign the lead bank responsibility in the certain districts as specified below: Sr. No District District Working Code State Erstwhile Lead Bank Lead Bank Responsibility assigned to 1 Ernakulum 970 Kerala Union Bank of India State Bank of Indi...

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All Agency Banks Madam/Dear Sir, Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2023-24) All Government transactions done by agency banks for the Financial Year 2023-24 must be accounted for within the same financial year. Accordingly, the following arrangements are put in place to report and account for Government transactions for March 31, 2024. 2. All Agency banks should keep their ...

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RBI/2023-24/137 DOR.SOG (LEG).REC/84/09.08.024/2023-24 March 20, 2024 All Agency Banks Madam / Dear Sir All Agency Banks to remain open for public on March 31, 2024 (Sunday) The Government of India has made a request to keep all branches of the banks dealing with Government receipts and payments open for transactions on March 31, 2024 (Sunday) so as to account for all the Government transactions relating to receipts and payments in the FY 2023-24 itself. Accordingly, Agency Banks...

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All Agency banks Madam / Dear Sir, Cut-off time for uploading of GST, ICEGATE and TIN 2.0 luggage files Please refer to para 10 on ‘Reporting of transactions by agency banks to RBI’ of ‘Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission’ dated April 1, 2023. 2. It has been noticed that several agency banks have been requesting RBI for extension of time for uploading of luggage files pertaining to GST, ICEGATE and T...

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All Agency Banks Madam/Dear Sir, Reporting and Accounting of Central Government transactions for March 2024 Please refer toCircular DGBA.GBD.No.S1469/42-01-029/2022-2023 dated March 16, 2023advising the procedure to be followed for reporting and accounting of Central Government transactions (including CBDT, CBIC, Departmentalized Ministries and Non-Civil Ministries) at the Receiving/Nodal/Focal Point branches of your bank for the Financial Year 2022-23. 2. The Government of India has...

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