| Notifications/Circulars |
Category : RBI |
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Framework for Recognition of a Self-Regulatory Organisation for Payment System Operators - RBI
Posted Date : 23-Oct-2020 , 10:09:33 am | Posted By: CASANSAAR
RBI/2020-21/58
DPSS.CO.PD.No.503/02.12.004/2020-21
October 22, 2020
The Chairman / Managing Director / Chief Executive Officer
Authorised Payment System Operators (Banks and Non-banks)
Madam / Dear Sir,
Framework for Recognition of a Self-Regulatory Organisation for Payment System Operators
Industry self-governance helps in industry-wide smooth operations and ecosystem development. Reserve Bank of India’s Payment and Settlement Systems Vision 2019-21, therefore, envisaged ...
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RBI |
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SLR holdings in HTM category - RBI
Posted Date : 13-Oct-2020 , 08:17:10 am | Posted By: CASANSAAR
RBI/2020-2021/54
DoR.No.BP.BC.22/21.04.141/2020-21
October 12, 2020
All Commercial Banks
Madam/ Sir,
SLR holdings in HTM category
Please refer to paragraph 2 ofStatement on Developmental and Regulatory Policies of the Monetary Policy Statement, 2020-21 dated October 9, 2020and ourcircular DoR.No.BP.BC.9/21.04.141/2020-21 dated September 1, 2020on the above subject.
2. Banks are permitted to exceed the limit of 25 per cent of the total investments under Held to Maturity (HTM) c...
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RBI |
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Regulatory Retail Portfolio – Revised Limit for Risk Weight
Posted Date : 13-Oct-2020 , 08:14:02 am | Posted By: CASANSAAR
RBI/2020-21/53
DOR.No.BP.BC.23/21.06.201/2020-21
October 12, 2020
All Scheduled Commercial Banks
(Including Small Finance Banks,
Excluding Local Area Banks and Regional Rural Banks)
Dear Sir/Madam,
Regulatory Retail Portfolio – Revised Limit for Risk Weight
Please refer to paragraph 5 of theStatement on Developmental and Regulatory Policies dated October 9, 2020on the limit for regulatory retail portfolio.
2. In terms of para 5.9 on “Claims included in the Regula...
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RBI |
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Sovereign Gold Bond Scheme (SGB) 2020-21- Series VII, VIII, IX, X, XI, XII
Posted Date : 10-Oct-2020 , 09:39:48 am | Posted By: CASANSAAR
RBI/2020-2021/52
IDMD.CDD.No.730/14.04.050/2020-21
October 9, 2020
The Chairman& Managing Director
All Scheduled Commercial Banks,
(Excluding RRBs)
Designated Post Offices
Stock Holding Corporation of India Ltd.(SHCIL)
National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd.
Dear Sir/Madam,
Sovereign Gold Bond Scheme (SGB) 2020-21- Series VII, VIII, IX, X, XI, XII
Government of India has vide itsNotification No F.No4.(4)-B (W&M)/2020 dated October 9, 20...
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RBI |
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Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR)
Posted Date : 30-Sep-2020 , 08:21:05 am | Posted By: CASANSAAR
RBI/2020-21/43
DOR.BP.BC.No.16/21.04.098/2020-21
September 29, 2020
All Commercial Banks
(excluding Regional Rural Banks, Local Area Banks and Payments Banks)
Dear Sir/Madam,
Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR)
Please refer to ourcircular DOR.BP.BC.No.46/21.04.098/2019-20 dated March 27, 2020on Net Stable Funding Ratio (NSFR) guidelines.
2. In view of the continued uncertainty on account of COVID-19, on a review, it has been deci...
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RBI |
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Basel III Capital Regulations - Review of transitional arrangements
Posted Date : 30-Sep-2020 , 08:20:15 am | Posted By: CASANSAAR
RBI/2020-21/42
DOR.BP.BC.No15/21.06.201/2020-21
September 29, 2020
All Commercial Banks
(Excluding Small Finance Banks, Payment Banks, RRBs and LABs)
Dear Sir/Madam,
Basel III Capital Regulations - Review of transitional arrangements
Please refer tocircular DOR.BP.BC.No.45/21.06.201/2019-20 dated March 27, 2020on ‘Basel III Capital Regulations - Review of transitional arrangements’.
2. In view of the continuing stress on account of COVID-19, it has been decided to...
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RBI |
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Positive Pay System for Cheque Truncation System - RBI
Posted Date : 26-Sep-2020 , 09:48:01 am | Posted By: CASANSAAR
RBI/2020-21/41
DPSS.CO.RPPD.No.309/04.07.005/2020-21
September 25, 2020
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,
Positive Pay System for Cheque Truncation System
Please refer to theStatement...
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RBI |
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RBI releases Handbook of Statistics on the Indian Economy 2019-20
Posted Date : 19-Sep-2020 , 09:52:48 am | Posted By: CASANSAAR
Today, the Reserve Bank released its annual publication titled “Handbook of Statistics on the Indian Economy, 2019-20” (HBS). This publication, the 22nd in the series, disseminates time series data on various economic and financial indicators relating to the Indian economy. The current volume contains 240 statistical tables covering national income aggregates, output, prices, money, banking, financial markets, public finances, foreign trade and balance of payments and select socio-ec...
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RBI |
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Automation of Income Recognition, Asset Classification and Provisioning processes in banks
Posted Date : 15-Sep-2020 , 09:56:33 am | Posted By: CASANSAAR
RBI/2020-21/37
Ref. No. DoS.CO.PPG./SEC.03/11.01.005/2020-21
September 14, 2020
The Chairman / Managing Director / Chief Executive Officer
All Scheduled Commercial Banks (Excluding RRBs) and
All Small Finance Banks
Madam / Dear Sir,
Automation of Income Recognition, Asset Classification and Provisioning processes in banks
We invite a reference to our circular DBS.CO.PPD.No.1950/11.01.005/2011-12 dated August 04, 2011, in terms of which banks were advised, inter alia, to have ap...
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RBI |
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Compliance functions in banks and Role of Chief Compliance Officer (CCO) - RBI
Posted Date : 12-Sep-2020 , 10:11:46 am | Posted By: CASANSAAR
RBI/2020-21/35
Ref. No. DoS.CO.PPG./SEC.02/11.01.005/2020-21
September 11, 2020
The Chairman / Managing Director & Chief Executive Officer
All Scheduled Commercial Banks (Excluding RRBs)
All Local Area Banks and
All Small Finance Banks and Payment Banks
Madam / Dear Sir,
Compliance functions in banks and Role of Chief Compliance Officer (CCO)
Please refer to the guidelines on compliance functions vide ourcirculars DBS.CO.PP.BC.6/11.01.005/2006-07 dated April 20, 2007andDBS...
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RBI |
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Resolution Framework for COVID-19-related Stress – Financial Parameters
Posted Date : 08-Sep-2020 , 10:10:41 am | Posted By: CASANSAAR
RBI/2020-21/34
DOR.No.BP.BC/13/21.04.048/2020-21
September 7, 2020
All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks)
All Primary (Urban) Co-operative Banks/State Co-operative Banks/District Central Co-operative Banks
All All-India Financial Institutions
All Non-Banking Financial Companies (including Housing Finance Companies)
Madam / Dear Sir,
Resolution Framework for COVID-19-related Stress – Financial Parameters
Please refe...
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RBI |
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RBI revises Long Form Audit Report (LFAR) after 18 Years
Posted Date : 07-Sep-2020 , 09:31:43 am | Posted By: CASANSAAR
RBI/2020-21/33
Ref.No.DOS.CO.PPG./SEC.01/11.01.005/2020-21
September 05, 2020
The Chairman / Managing Director / Chief Executive Officer
All Scheduled Commercial Banks (Excluding RRBs)
All Local Area Banks
All Small Finance Banks and
All Payment Banks
Madam /Dear Sir,
Long Form Audit Report (LFAR) - Review
Please refer to RBI circular No. DBS.CO.PP.BC.11/11.01.005/2001-2002 dated April 17, 2002 on revision of Long Form Audit Report (LFAR).
2. Keeping in view the large scal...
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RBI |
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RBI Releases Revised Priority Sector Lending Guidelines
Posted Date : 05-Sep-2020 , 09:22:09 am | Posted By: CASANSAAR
Reserve Bank of India has comprehensively reviewed thePriority Sector Lending (PSL) Guidelinesto align it with emerging national priorities and bring sharper focus on inclusive development, after having wide ranging discussions with all stakeholders.
Revised PSL guidelines will enable better credit penetration to credit deficient areas; increase the lending to small and marginal farmers and weaker sections; boost credit to renewable energy, and health infrastructure.
Bank finance to start-...
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RBI |
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Master Directions – Priority Sector Lending (PSL) – Targets and Classification
Posted Date : 05-Sep-2020 , 09:20:31 am | Posted By: CASANSAAR
The Priority Sector Lending (PSL) guidelines issued by Reserve Bank of India were last reviewed for Commercial Banks in April 2015 and for UCBs in May 2018 respectively. With an objective to harmonise various instructions issued to Commercial Banks, SFBs, RRBs, UCBs and LABs; align these guidelines with emerging national priorities and bring sharper focus on inclusive development, it was decided to comprehensively review the PSL guidelines. The revised guidelines also aim to encourage and suppor...
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RBI |
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SLR holdings in HTM category - RBI
Posted Date : 02-Sep-2020 , 09:05:43 am | Posted By: CASANSAAR
RBI/2020-21/29
DoR.No.BP.BC.9/21.04.141/2020-21
September 1, 2020
All Commercial Banks
Dear Sir,
SLR holdings in HTM category
Please refer to ourcirculars DBR.No.BP.BC.6/21.04.141/2015-16 dated July 1, 2015read withDBR.No.BP.BC.65/21.04.141/2015-16 dated December 10, 2015andDBR.No.Ret.BC.90/12.02.001/2017-18 dated October 4, 2017on the subject.
2. Currently, banks are permitted to exceed the limit of 25 per cent of the total investments under Held to Maturity (HTM) category, p...
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RBI |
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Extension of time for Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS)
Posted Date : 27-Aug-2020 , 10:21:16 am | Posted By: CASANSAAR
RBI/2020-21/28
DoR (PCB).BPD.Cir.No.2/12.05.001/2020-21
August 26, 2020
The Chief Executive Officer
All Primary (Urban) Co-operative Banks
Madam / Dear Sir,
Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time
In terms of section 31 of the Banking Regulation Act, 1949 (“the Act”) read with Section 56 the Act [as amended by the Banking Regulation (Amendment) Ordinance, 2020], accounts and balance-sheet referre...
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RBI |
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Ad-hoc/Short Review/Renewal of Credit Facilities - RBI
Posted Date : 22-Aug-2020 , 10:05:49 am | Posted By: CASANSAAR
RBI/2020-21/27
DoS.CO.PPG.BC.1/11.01.005/2020-21
August 21, 2020
All Scheduled Commercial Banks (excluding RRBs)
All Small Finance Banks
All Urban Cooperative Banks
Madam/Dear Sir,
Ad-hoc/Short Review/Renewal of Credit Facilities
In terms ofcircular DBOD.No.BP.(SC).BC.98/21.04.103/99 dated October 7, 1999on Risk Management System in Banks, Scheduled Commercial Banks (SCBs) are required to put in place a board approved credit policy, which, inter alia, should prescribe the perio...
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RBI |
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New Definition of Micro, Small and Medium Enterprises – Clarifications by RBI
Posted Date : 22-Aug-2020 , 10:04:01 am | Posted By: CASANSAAR
The Chairman/ Managing Director/Chief Executive Officer
All Commercial Banks
(including Small Finance Banks, Local Area Banks and Regional Rural Banks)
All Primary (Urban) Co-operative Banks/State Co-operative Banks
/ District Central Co-operative Banks
All-India Financial Institutions
All Non-Banking Financial Companies
Dear Sir / Madam,
New Definition of Micro, Small and Medium Enterprises...
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RBI |
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RBI releases framework for authorisation of pan-India Umbrella Entity for Retail Payments
Posted Date : 20-Aug-2020 , 10:14:01 am | Posted By: CASANSAAR
Reserve Bank has today placed on its website, the‘framework for authorisation of pan-India Umbrella Entity for Retail Payments’. The framework has been released after due deliberations on the comments / feedback received on the ‘draft framework for authorisation of a pan-India New Umbrella Entity for Retail Payment Systems’ which was placed on Reserve Bank’s website on February 10, 2020 inviting public comments.
The Reserve Bank invites applic...
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RBI |
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Review of Guidelines for Core Investment Companies - RBI
Posted Date : 14-Aug-2020 , 10:48:55 am | Posted By: CASANSAAR
RBI/2020-21/24
DoR (NBFC) (PD) CC. No.117/03.10.001/2020-21
August 13, 2020
All Core Investment Companies (CICs)
Madam/Dear Sir,
Review of Guidelines for Core Investment Companies
Please refer to the report of the Working Group (WG) to Review the Regulatory and Supervisory Framework for Core Investment Companies (CICs), constituted under the Chairmanship of Shri Tapan Ray, former Secretary, Ministry of Corporate Affairs, Government of India. The report of the WG was placed in pub...
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RBI |
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System-based asset classification - UCBs
Posted Date : 13-Aug-2020 , 10:33:51 am | Posted By: CASANSAAR
The Chief Executive Officer
All Primary (Urban) Co-operative Banks
Madam / Dear Sir,
System-based asset classification - UCBs
Please refer to theMaster Circular DCBR.BPD. (PCB) MC No.12/09.14.000/2015-16 dated July 1, 2015containing consolidated instructions on income recognition, asset classification, provisioning and other related matters.
2. In order to improve the efficiency, transparency and integrity of the asset classification process, it has been decided to implement system-...
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RBI |
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Offline Retail Payments using Cards / Wallets / Mobile Devices – Pilot
Posted Date : 07-Aug-2020 , 10:17:14 am | Posted By: CASANSAAR
RBI/2020-21/22
DPSS.CO.PD.No.115/02.14.003/2020-21
August 06, 2020
The Chairman / Managing Director / Chief Executive Officer
Authorised Payment System Operators (Banks and Non-banks)
Madam / Dear Sir,
Offline Retail Payments using Cards / Wallets / Mobile Devices – Pilot
Please refer to theStatement on Developmental and Regulatory policiesissued as part ofMonetary Policy statement da...
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RBI |
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Online Dispute Resolution (ODR) System for Digital Payments
Posted Date : 07-Aug-2020 , 10:15:56 am | Posted By: CASANSAAR
RBI/2020-21/21
DPSS.CO.PD No.116/02.12.004/2020-21
August 6, 2020
The Chairman / Managing Director / Chief Executive Officer
Authorised Payment System Operators and Participants (Banks and Non-banks)
Madam / Dear Sir,
Online Dispute Resolution (ODR) System for Digital Payments
Please refer to theStatement on Developmental and Regulatory Policies dated August 6, 2020wherein the Reserve Bank ...
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RBI |
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Opening of Current Accounts by Banks - Need for Discipline
Posted Date : 07-Aug-2020 , 10:15:12 am | Posted By: CASANSAAR
RBI/2020-21/20
DOR.No.BP.BC/7/21.04.048/2020-21
August 6, 2020
All Scheduled Commercial Banks
All Payments Banks
Madam/Dear Sir,
Opening of Current Accounts by Banks - Need for Discipline
Please refer to thecircular DBR.Leg.BC.25./09.07.005/2015-16 dated July 2, 2015on the subject. The instructions on opening of current accounts by banks have been reviewed and the revised instructions are as under:
i. No bank shall open current accounts for customers who have availed credit f...
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RBI |
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Loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses
Posted Date : 07-Aug-2020 , 10:14:28 am | Posted By: CASANSAAR
RBI/2020-21/19
DoR.No.BP.BC/6/21.04.048/2020-21
August 6, 2020
All Scheduled Commercial Banks
(Including Regional Rural Banks)
Madam/Dear Sir,
Loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses
Please refer to thecirculars DBOD.No.BP.BC.27/21.04.048/2014-15 July 22, 2014andDBR.RRB.BC.No.53/31.01.001/2016-17 dated February 16, 2017. Under the extant guidelines, loans sanctioned by banks against pledge of gold ornaments and jewellery should not exceed 75 per ...
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RBI |
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1 | Hits : 14018
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Basel III Capital Regulations – Treatment of debt mutual funds/ETFs
Posted Date : 07-Aug-2020 , 10:13:46 am | Posted By: CASANSAAR
RBI/2020-21/18
DOR.No.BP.BC/5/21.04.201/2020-21
August 6, 2020
All Scheduled Commercial Banks
(Excluding Local Area Banks
and Regional Rural Banks)
Dear Sir/Madam
Basel III Capital Regulations – Treatment of debt mutual funds/ETFs
Please refer to ourcircular DBR.No.BP.BC.1/21.06.201/2015-16 dated July 1, 2015, on Basel III capital regulations.
2. In terms of para 8.4.1...
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RBI |
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Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances
Posted Date : 07-Aug-2020 , 10:12:59 am | Posted By: CASANSAAR
RBI/2020-21/17
DOR.No.BP.BC/4/21.04.048/2020-21
August 6, 2020
All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks)
All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks
All All-India Financial Institutions
All Non-Banking Financial Companies
Dear Sir/ Madam,
Micro, Small and Medium Enterprises (M...
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RBI |
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Resolution Framework for COVID-19-related Stress
Posted Date : 07-Aug-2020 , 10:12:14 am | Posted By: CASANSAAR
RBI/2020-21/16
DOR.No.BP.BC/3/21.04.048/2020-21
August 6, 2020
All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks)
All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks
All All-India Financial Institutions
All Non-Banking Financial Companies (including Housing Finance Companies)
Madam / Dear Sir,
...
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Category :
RBI |
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Implementation of Indian Accounting Standards - RBI
Posted Date : 25-Jul-2020 , 10:19:03 am | Posted By: CASANSAAR
RBI/2020-21/15
DOR (NBFC).CC.PD.No.116/22.10.106/2020-21
July 24, 2020
To
Non-Banking Financial Companies
and Asset Reconstruction Companies
implementing Indian Accounting Standards
Madam / Sir,
Implementation of Indian Accounting Standards
Please refer to paragraph 3 of the Annex to ourcircular DOR (NBFC).CC.PD.No.109/22.10.106/2019-20 dated March 13, 2020, on the captioned subject, in terms of which any net unrealised gains arising on fair valuation of financial instrument...
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RBI |
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RBI releases the Financial Stability Report, July 2020
Posted Date : 25-Jul-2020 , 10:18:20 am | Posted By: CASANSAAR
Today, the Reserve Bank released the 21st Issue of theFinancial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability, and the resilience of the financial system in the context of contemporaneous issues relating to development and regulation of the financial sector.
Highlights:
In response to COVID-19, a combination of fiscal, monetary and regulatory interventions...
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