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Category : RBI |
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Liquidity Adjustment Facility – Reverse Repo Rate
Posted Date : 18-Apr-2020 , 09:54:04 am | Posted By: CASANSAAR
RBI/2019-2020/215
FMOD.MAOG.No.141/01.01.001/2019-20
April 17, 2020
All Liquidity Adjustment Facility (LAF) participants
Madam/Sir,
Liquidity Adjustment Facility – Reverse Repo Rate
As announced inGovernor’s Statementtoday, it has been decided to reduce the interest rate on fixed rate reverse repo under the Liquidity Adjustment Facility (LAF) by 25 basis points from 4.00 per cent to3.75 per centwith immediate effect.
2. The policy repo rate under the LAF remains un...
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Scheduled Banks’ Statement of Position in India as on Friday, March 27, 2020
Posted Date : 12-Apr-2020 , 09:10:27 am | Posted By: CASANSAAR
Scheduled Banks’ Statement of Position in India as on Friday, March 27, 2020
(Amount in Crore of ₹)
SCHEDULED COMMERCIAL BANKS
(Including RRBs and SFBs)
ALL SCHEDULED BANKS
29-Mar-19
13-MAR-2020 *
27-MAR-2020 *
29-Mar-19
13-MAR-2020 *
27-MAR-2020 *
...
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Amendment to Master Direction (MD) on KYC
Posted Date : 02-Apr-2020 , 10:44:47 am | Posted By: CASANSAAR
RBI/2019-20/207
DOR.AML.BC.No.61/14.01.001/2019-20
April 01, 2020
The Chairpersons/ CEOs of all the Regulated Entities
Dear Sir/Madam,
Amendment to Master Direction (MD) on KYC
Government of India, vide Gazette Notification G.S.R. 228(E) dated March 31, 2020 has notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005.
2. Consequent to the aforementioned...
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Export of Goods and Services- Realisation and Repatriation of Export Proceeds-Relaxation
Posted Date : 02-Apr-2020 , 10:43:56 am | Posted By: CASANSAAR
RBI/2019-20/206
A. P. (DIR Series) Circular No. 27
April 01, 2020
To,
All Authorised Dealer Category – I Banks
Madam / Sir,
Export of Goods and Services-
Realisation and Repatriation of Export Proceeds-Relaxation
The Government of India as well as the Reserve Bank has been receiving representations from Exporters Trade bodies to extend the period of realisation of export procee...
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Appointment of Managing Director and Chief Executive Officer (MD & CEO) / CEO / part-time Chairperson (PTC) in Banks
Posted Date : 01-Apr-2020 , 11:19:29 am | Posted By: CASANSAAR
RBI/2019-20/204
DoR.Appt.No.58/29.67.001/2019-20
March 31, 2020
All Private Sector Banks (including Local Area Banks, Small Finance Banks, Payments Banks) and Foreign Banks operating in India
Madam / Dear Sir,
Appointment of Managing Director and Chief Executive Officer (MD & CEO) / CEO / part-time Chairperson (PTC) in Banks – ‘Declaration and Undertaking’ and allied matters
To complete the appointment of Managing Director and Chief Executive Officer (MD &am...
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Doorstep Banking Services for Senior Citizens and Differently Abled Persons
Posted Date : 01-Apr-2020 , 11:18:42 am | Posted By: CASANSAAR
RBI/2019-20/203
DOR.CO.Leg.BC.No.59/09.07.005/2019-20
March 31, 2020
All Scheduled Commercial Banks (including RRBs)
All Payments Banks
All Small Finance Banks
All Local Area Banks
Dear Sir/Madam
Doorstep Banking Services for Senior Citizens and Differently Abled Persons
Please refer to para 2(g) of ourcircular DBR.No.Leg.BC.96/09.07.005/2017-18 dated November 9, 2017on the capt...
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Short Term Crop Loans eligible for Interest Subvention Scheme (ISS) and Prompt Repayment Incentive (PRI) through KCC
Posted Date : 01-Apr-2020 , 11:17:53 am | Posted By: CASANSAAR
RBI/2019-20/202
FIDD.CO.FSD.BC.No.23/05.02.001/2019-20
March 31, 2020
The Chairman/Managing Director/Executive Officer
All Public & Private Sector Scheduled Commercial Banks
(Excluding Regional Rural Banks and Small Finance Banks)
Madam/Sir,
Short Term Crop Loans eligible for Interest Subvention Scheme (ISS) and Prompt Repayment Incentive (PRI) through KCC
Please refer to thecircular FIDD.CO.FSD.BC.No.1785/05.02.001/2019-20, dated February 26, 2020advising banks to ensure t...
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Special Clearing Operations on March 31, 2020 - RBI
Posted Date : 31-Mar-2020 , 09:18:19 am | Posted By: CASANSAAR
RBI/2019-20/198
DPSS.CO.RPPD.No./1864/03.01.03/2019-20
March 30, 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
Madam / Dear Sir,
Special Clearing Operations on March 31, 2020
A reference is invited to the circular issued by Department of Government ...
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Amalgamation of Public Sector Banks - Assignment of SLBC/ UTLBC Convenorship and Lead Bank responsibilities
Posted Date : 31-Mar-2020 , 09:17:30 am | Posted By: CASANSAAR
RBI/2019-20/197
FIDD.CO.LBS.BC.No.22/02.01.001/2019-20
March 30, 2020
The Chairmen/ Managing Directors & CEOs
SLBC/ UTLBC Convenor Banks and Lead Banks
Madam / Dear Sir,
Amalgamation of Public Sector Banks - Assignment of SLBC/ UTLBC Convenorship and Lead Bank responsibilities
The amalgamations of Oriental Bank of Commerce and United Bank of India with Punjab National Bank; Andhra Bank ...
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Branches of Allahabad Bank to operate as branches of Indian Bank from April 1, 2020
Posted Date : 29-Mar-2020 , 09:20:58 am | Posted By: CASANSAAR
The Amalgamation of Allahabad Bank into Indian Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Allahabad Bank into Indian Bank in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970). The scheme comes into force on the 1st day of April 2020.
Consequently, all branches of Allahabad Bank will ...
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Branches of Andhra Bank and Corporation Bank to operate as branches of Union Bank of India from April 1, 2020
Posted Date : 29-Mar-2020 , 09:20:26 am | Posted By: CASANSAAR
The Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and section 9 of the Banking Companies (Acquisition and Tran...
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Branches of Oriental Bank of Commerce and United Bank of India to operate as branches of Punjab National Bank from April 1, 2020
Posted Date : 29-Mar-2020 , 09:19:50 am | Posted By: CASANSAAR
The Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and section 9 of the B...
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Branches of Syndicate Bank to operate as branches of Canara Bank from April 1, 2020
Posted Date : 29-Mar-2020 , 09:19:13 am | Posted By: CASANSAAR
The Amalgamation of Syndicate Bank into Canara Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Syndicate Bank into Canara Bank in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970). The scheme comes into force on the 1st day of April 2020.
Consequently, all branches of Syndicate Bank will ...
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Guidelines for Licensing of Small Finance Banks in Private Sector - RBI
Posted Date : 29-Mar-2020 , 09:18:17 am | Posted By: CASANSAAR
RBI/2019-20/196
DOR.NBD.No.44/16.13.218/2019-20
March 28, 2020
Managing Director and Chief Executive Officers
of Small Finance Banks
Madam / Dear Sir,
‘Guidelines for Licensing of Small Finance Banks in Private Sector’ dated November 27, 2014 – Modifications to existing norms
Please refer to the ‘Guidelines for Licensing of Small Finance Banks in Private Sector’ ...
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RBI |
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Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year
Posted Date : 27-Mar-2020 , 08:44:21 pm | Posted By: CASANSAAR
RBI/2019-20/194
DGBA.GBD.No.1799/42.01.029/2019-20
March 27, 2020
All Agency Banks
Dear Sir / Madam
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2019-20)
All government transactions done by agency banks for Financial Year 2019-20 must be accounted for within the same financial year. Taking into acco...
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Change in Daily Minimum Cash Reserve Maintenance Requirement
Posted Date : 27-Mar-2020 , 08:42:58 pm | Posted By: CASANSAAR
RBI/2019-20/192
DOR.No.Ret.BC.51/12.01.001/2019-20
March 27, 2020
All Scheduled Banks
Dear Sir/Madam
Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement
Please refer to ourCircular DBR.No.Ret.BC.91/12.01.001/2015-16 dated April 05, 2016on the captioned subject.
2. As announced in theSeventh Bi-monthly Monetary Policy Statement, 2019-20, March 27, 2020, it has been decided to reduce the minimum daily maintenance of...
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Maintenance of Cash Reserve Ratio (CRR)
Posted Date : 27-Mar-2020 , 08:42:20 pm | Posted By: CASANSAAR
RBI/2019-20/191
DOR.No.Ret.BC.49/12.01.001/2019-20
March 27, 2020
All Banks
Dear Sir / Madam
Maintenance of Cash Reserve Ratio (CRR)
Please refer to ourCircular DBOD.No.Ret.BC.76/12.01.001/2012-13 dated January 29, 2013and Circular RPCD.CO.RCB.RRB.BC.No.61/03.05.33/2012-13 dated January 29, 2013 on the captioned subject.
2. As announced in theSeventh Bi-monthly Monetary Policy Statement, 2019-20, March 27, 2020, it has been decided to reduce the Cash Reserve Ratio (CRR) of all...
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Change in Bank Rate
Posted Date : 27-Mar-2020 , 08:41:42 pm | Posted By: CASANSAAR
RBI/2019-20/190
DOR.No.Ret.BC.53/12.01.001/2019-20
March 27, 2020
All Scheduled and Non Scheduled Banks
Dear Sir/Madam
Change in Bank Rate
Please refer to our circularDBR.No.Ret.BC.19/12.01.001/2019-20 dated October 04, 2019, on the captioned subject.
2. As announced in theSeventh Bi-Monthly Monetary Policy Statement 2019-20 of March 27, 2020, the Bank Rate is revised downwards by 75 basis points from 5.40 per cent to 4.65 per cent with immediate effect.
3. All penal intere...
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Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF)
Posted Date : 27-Mar-2020 , 08:41:06 pm | Posted By: CASANSAAR
RBI/2019-20/189
DOR.No.Ret.BC.52/12.01.001/2019-20
March 27, 2020
All Scheduled Banks (excluding Regional Rural Banks)
Dear Sir / Madam
Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF)
Please refer to ourCircular DBOD.No.Ret.BC.95/12.02.001/2011-12 dated April 17, 2012,Circular UBD.BPD.(SCB).Cir.No.1/16.27....
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Basel III Capital Regulations- Review of transitional arrangements
Posted Date : 27-Mar-2020 , 08:40:25 pm | Posted By: CASANSAAR
RBI/2019-20/188
DOR.BP.BC.No.45/21.06.201/2019-20
March 27, 2020
All Scheduled Commercial Banks (Excluding RRBs and LABs)
Dear Sir/Madam,
Basel III Capital Regulations - Review of transitional arrangements
As announced in para 9 of theStatement on Developmental and Regulatory Policiesissued along with theSeventh Bi-monthly Monetary Policy Statement 2019-20, the implementation of the last tranche of ...
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Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR)
Posted Date : 27-Mar-2020 , 08:39:44 pm | Posted By: CASANSAAR
RBI/2019-20/187
DOR.BP.BC.No.46/21.04.098/2019-20
March 27, 2020
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/Madam,
Basel III Framework on Liquidity Standards –
Net Stable Funding Ratio (NSFR)
Please refer to paragraph 8 ofStatement on Developmental and Regulatory Policies of Seventh Bi-monthly Monetary Policy Statement, 2019-20 dated March 27, 2020and ourcircular DB...
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COVID-19 – Regulatory Package by RBI
Posted Date : 27-Mar-2020 , 08:38:14 pm | Posted By: CASANSAAR
RBI/2019-20/186
DOR.No.BP.BC.47/21.04.048/2019-20
March 27, 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 Finance Companies (including Housing Finance Companies)
Madam/Dear Sir,
COVID-19 – Regulatory Package
Please refer to theStatement of Development and Regulatory...
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Legal Entity Identifier: Extension of deadline
Posted Date : 27-Mar-2020 , 08:35:07 pm | Posted By: CASANSAAR
RBI/2019-20/185
FMRD.FMID.No.24/11.01.007/2019-20
March 27, 2020
To
All eligible market participants
Dear Sir/Madam,
Legal Entity Identifier: Extension of deadline
A reference is invited to circularFMRD.FMID.No.10/11.01.007/2018-19 dated November 29, 2018issued by Reserve Bank of India on requirement of Legal Entity Identifier (LEI) for participation in non-derivative markets. Reference is also invited to circularFMRD.FMID.No.15/11.01.007/2018-19 dated April 26, 2019on revised t...
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Standing Liquidity Facility for Primary Dealers
Posted Date : 27-Mar-2020 , 08:34:24 pm | Posted By: CASANSAAR
RBI/2019-20/184
REF.No.MPD.BC.390/07.01.279/2019-20
March 27, 2020
All Primary Dealers,
Standing Liquidity Facility for
Primary Dealers
In theSeventh Bi-monthly Monetary Policy Statement 2019-20of the Monetary Policy Committee (MPC) of March 27, 2020, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 75 basis points to 4.40 per cent from 5.15 per cent with immediate effect.
2. Accordingly, the Standing Liquidity Facility provided to Primary D...
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Marginal Standing Facility
Posted Date : 27-Mar-2020 , 08:33:44 pm | Posted By: CASANSAAR
RBI/2019-2020/183
FMOD.MAOG.No.139/01.18.001/2019-20
March 27, 2020
All Marginal Standing Facility (MSF) participants
Madam/Sir,
Marginal Standing Facility
As announced in theSeventh Bi-monthly Monetary Policy Statement, 2019-20today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 75 basis points from 5.15 per cent to4.40 per centwith immediate effect.
2. Consequently, the Marginal Stan...
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Liquidity Adjustment Facility – Repo and Reverse Repo Rates
Posted Date : 27-Mar-2020 , 08:33:01 pm | Posted By: CASANSAAR
RBI/2019-2020/182
FMOD.MAOG.No.140/01.01.001/2019-20
March 27, 2020
All Liquidity Adjustment Facility (LAF) participants
Madam/Sir,
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
As announced in theSeventh Bi-monthly Monetary Policy Statement, 2019-20,today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Fac...
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RBI |
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Extension of Statutory Audit of Annual Accounts of Public Sector Banks
Posted Date : 26-Mar-2020 , 10:48:05 am | Posted By: CASANSAAR
Department's Letter of even number, dated 10-02-2012 regarding the above subject (copy enclosed for ready reference) is hereby withdrawn.
As per earlier order, Banks has to complete the Statutory Audit of Annual Accounts by 15th May.
This has been withdrawn Now.
NowDue Dates postponed and will be as per SEBI timeline (which has relaxed by a month)
...
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Priority Sector Lending - Lending by banks to NBFCs for On-Lending
Posted Date : 23-Mar-2020 , 04:54:17 pm | Posted By: CASANSAAR
RBI/2019-20/179
FIDD.CO.Plan.BC.No.19/04.09.01/2019-20
March 23, 2020
The Chairman/ Managing Director
Chief Executive Officer
All Scheduled Commercial Banks
(Excluding Regional Rural Banks & Small Finance Banks)
Dear Sir/ Madam,
Priority Sector Lending - Lending by banks to NBFCs for On-Lending
Please refer to ourCircular No. FIDD.CO.Plan.BC.07/04.09.01/2019-20 dated August 13, 2019advising, inter alia, that the bank loans to registered NBFCs (other than MFIs) for on-lendi...
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Large Exposures Framework - RBI
Posted Date : 23-Mar-2020 , 04:53:35 pm | Posted By: CASANSAAR
RBI/2019-20/178
DOR.No.BP.BC.43 /21.01.003/2019-20
March 23, 2020
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)
Dear Sir/Madam,
Large Exposures Framework
Please refer to ourcircular No.DBR.No.BP.BC.43/21.01.003/2018-19 dated June 03, 2019on the captioned subject.
2. In terms of para 7.13 of the circular, any Credit Risk Mitigation (CRM) instrument (e.g. SBLC/BG from Head Office/other overseas branch) from which CRM benefits like shifting of exposure/ risk we...
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Issue of Long Term Bonds by Banks – Financing of Infrastructure and Affordable Housing
Posted Date : 17-Mar-2020 , 09:46:49 pm | Posted By: CASANSAAR
RBI/2019-20/176
DOR.No.BP.BC.41/08.12.014/2019-20
March 17, 2020
All Scheduled Commercial Banks
(excluding RRBs)
Madam / Dear Sir,
Issue of Long Term Bonds by Banks – Financing of Infrastructure and Affordable Housing
Please refer to thecircular DBOD.BP.BC.No.25/08.12.014/2014-15 dated July 15, 2014and subsequent circulars on the above subject. Also refer to thecircular DBR.BP.BC.No.42/08.12.014/2016-17 dated December 1, 2016advising that for the purpose of definition of &...
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