| Notifications/Circulars |
Category : RBI |
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Formation of new districts in the State of Mizoram – Assignment of Lead Bank Responsibility
Posted Date : 08-Nov-2019 , 05:15:54 pm | Posted By: CASANSAAR
RBI/2019-20/94
FIDD.CO.LBS.BC.No.14/02.08.001/2019-20
November 08, 2019
The Chairmen / Managing Directors & Chief Executive Officers
All Lead Banks
Madam/ Dear Sir,
Formation of new districts in the State of Mizoram –
Assignment of Lead Bank Responsibility
The Government of Mizoram vide Gazette Notification No.A.60011/21/95-GAD/Pt dated September 12, 2008 had notified the formation of three new districts in the State of Mizoram followed by re...
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RBI |
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Auction of State Development Loans: Non-Competitive Bidding Facility to Retail Investors
Posted Date : 08-Nov-2019 , 09:35:48 am | Posted By: CASANSAAR
RBI/2019-20/92
IDMD.No.1240/10.18.049/2019-20 November 07, 2019
All Scheduled Commercial Banks
All State Co-operative Banks / All Scheduled Primary
(Urban) Co-operative Banks / All Financial Institutions /
All Primary Dealers/All Stock Exchanges
Dear Madam/ Sir,
Auction of State Development Loans: Non-Competitive Bidding Facility to Retail
Investors
Please refer to our circular IDMD.No. 954/08.03.001/2009-10 dated August 24, 2009,
whereby the facility of non-competitive bidding in Stat...
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RBI |
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Exim Bank's Government of India supported Line of Credit of USD 30 million to the Government of the Republic of Ghana
Posted Date : 07-Nov-2019 , 06:05:44 pm | Posted By: CASANSAAR
RBI/2019-20/91
A.P. (DIR Series) Circular No.8
November 07, 2019
All Category – I Authorised Dealer Banks
Madam/Sir
Exim Bank's Government of India supported Line of Credit of USD 30 million to the
Government of the Republic of Ghana
Export-Import Bank of India (Exim Bank) has entered into an agreement dated April 05, 2019 with the Government of the Republic of Ghana for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 30 mill...
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RBI |
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Guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/ Material Risk Takers and Control Function staff
Posted Date : 04-Nov-2019 , 05:55:14 pm | Posted By: CASANSAAR
RBI/2019-20/89
DOR.Appt.BC.No.23/29.67.001/2019-20 November 4, 2019
All Private Sector Banks (including Local Area Banks, Small Finance
Banks, Payments Banks) and Foreign Banks operating in India
Dear Sir/Madam,
Guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/
Material Risk Takers and Control Function staff
The compensation practices, especially of large financial institutions, were one of the
important factors which contributed to the global financial cris...
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RBI |
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Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies
Posted Date : 04-Nov-2019 , 05:52:49 pm | Posted By: CASANSAAR
RBI/2019-20/88
DOR.NBFC (PD) CC. No.102/03.10.001/2019-20 November 04, 2019
All Non-Banking Financial Companies (NBFCs) including Core Investment Companies (CICs)
Madam/ Sir,
Liquidity Risk Management Framework for Non-Banking Financial Companies and Core
Investment Companies
Please refer to paragraph 108 and paragraph 94 of Master Direction - Non-Banking Financial
Company - Systemically Important Non-Deposit taking Company and Deposit taking Company
(Reserve Bank) Directions, 2016, and ...
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RBI |
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Issue of additional instruments for augmenting regulatory capital for RRBs
Posted Date : 02-Nov-2019 , 09:28:19 am | Posted By: CASANSAAR
RBI/2019-20/87
DOR.RRB.No.21/31.01.001/2019-20
November 01, 2019
The Chairmen
All Regional Rural Banks
Madam / Sir,
Issue of additional instruments for augmenting regulatory capital for RRBs
Capital adequacy norms were prescribed for Regional Rural Banks (RRBs) videcircular RPCD.CO.RRB.BC.44/05.03.095/2007-08 dated December 28, 2007, to compute capital to risk weighted assets (CRAR) and disclose it in 'Notes on Accounts' to their Balance Sheets. Further, the ‘risk ...
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RBI |
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Sovereign Gold Bond (SGB) Scheme - Marking of lien
Posted Date : 31-Oct-2019 , 06:10:37 pm | Posted By: CASANSAAR
RBI/2019-20/86
IDMD.CDD.No.1145/14.04.050/2019-20
October 30, 2019
All Scheduled Commercial Banks (Excluding RRBs)
Designated Post Offices
Stock Holding Corporation of India Ltd. (SHCIL)
BSE & NSE
Depositories/Depository Participants
Madam/Sir,
Sovereign Gold Bond (SGB) Scheme - Marking of lien
As you are aware, the Sovereign Gold Bonds may be used as collateral by both banks and non-bank institutions and the creation of pledge, hypothecation or lien on the bonds shall be...
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RBI |
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Auction of Government of India Dated Securities
Posted Date : 26-Oct-2019 , 09:40:57 am | Posted By: CASANSAAR
RBI/2019-20/85
Ref.No.IDMD/1125/08.02.032/2019-20
October 25, 2019
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (issue/re-issue) four dated securities for a notified amount of₹16,000 croreas per the following details:
Sr No
Security
Not...
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RBI |
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Alteration in the name of "The Catholic Syrian Bank Limited" to "CSB Bank Limited"
Posted Date : 17-Oct-2019 , 06:05:50 pm | Posted By: CASANSAAR
RBI/2019-20/84
DBR.No.Ret.BC.21/12.07.160/2019-20
October 17, 2019
All Scheduled Commercial Banks
Dear Sir/Madam
Alteration in the name of "The Catholic Syrian Bank Limited" to "CSB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934
We advise that the name of "The Catholic Syrian Bank Limited" has been changed to "CSB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from June 1...
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RBI |
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Lending by banks to InvITs
Posted Date : 15-Oct-2019 , 09:03:29 am | Posted By: CASANSAAR
RBI/2019-20/83
DBR.No.BP.BC.20/08.12.014/2019-20
October 14, 2019
All Scheduled Commercial Banks
(Excluding Regional Rural Banks (RRBs)),
All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI)
Dear Sir/Madam,
Lending by banks to InvITs
Please refer to the circularDBR.No.FSD.BC.62/24.01.040/2016-17 dated April 18, 2017on ‘Banks' Investment in Units of InvITs’ in terms of which banks are allowed to invest in units of InvITs subject to the specified co...
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RBI |
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Revision in Proforma and Reporting of Bank / Branch details under CISB
Posted Date : 12-Oct-2019 , 08:14:04 am | Posted By: CASANSAAR
RBI/2019-20/81
DCBR.BPD.(PCB/RCB).Cir.No.04/07.01.000/2019-20
October 11, 2019
The Chief Executive Officer
All Primary (Urban) Co-operative Banks /
All State Co-operative Banks /
All District Central Co-operative Banks
Madam / Dear Sir,
Revision in Proforma and Reporting of Bank / Branch details under the Central Information System for Banking Infrastructure (CISBI)
Please refer to our circularsUBD.CO.LS.Cir.No./43/07.01.000/2006-07 dated May 09, 2007and RPCD.CO.RF.No.BC.9/07....
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RBI |
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Auction of Government of India Dated Securities
Posted Date : 08-Oct-2019 , 09:23:03 am | Posted By: CASANSAAR
RBI/2019-20/80
Ref.No.IDMD/933/08.02.032/2019-20
October 07, 2019
All Scheduled Commercial Banks
All-State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue) four dated securities for a notified amount of₹16,000 croresas per the following details:
Sr No
Security
Notified Am...
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RBI |
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Expanding and Deepening of Digital Payments Ecosystem
Posted Date : 07-Oct-2019 , 06:30:02 pm | Posted By: CASANSAAR
RBI/2019-20/79
FIDD.CO.LBS.BC.No.13/02.01.001/2019-20
October 7, 2019
The Chairmen/ Managing Directors/ Chief Executive Officers
All SLBC/ UTLBC Convenor Banks
Madam / Dear Sir,
Expanding and Deepening of Digital Payments Ecosystem
Please refer to para – 8 ofStatement on Developmental and Regulatory Policies of the Fourth Bi-Monthly Monetary Policy dated October 4, 2019,on the captioned subject.
2. With a view to expanding and deepening the digital payments ecosystem, i...
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RBI |
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Standing Liquidity Facility for Primary Dealers
Posted Date : 05-Oct-2019 , 10:19:57 am | Posted By: CASANSAAR
RBI/2019-20/78
REF.No.MPD.BC.389/07.01.279/2019-20
October 04, 2019
All Primary Dealers,
Standing Liquidity Facility for
Primary Dealers
In theFourth Bi-monthly Monetary Policy Statement 2019-20 of the Monetary Policy Committee (MPC) of October 4, 2019, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points to 5.15 per cent from 5.40 per cent with immediate effect.
2. Accordingly, the Standing Liquidity Facility provided to Primary...
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RBI |
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Change in Bank Rate
Posted Date : 05-Oct-2019 , 10:19:14 am | Posted By: CASANSAAR
RBI/2019-20/77
DBR.No.Ret.BC.19/12.01.001/2019-20
October 04, 2019
The Chairperson / CEOs of all Scheduled and Non Scheduled Banks
Dear Sir / Madam
Change in Bank Rate
Please refer to ourcircular DBR.No.Ret.BC.10/12.01.001/2019-20 dated August 07, 2019, on the captioned subject.
2. As announced in theFourth Bi-Monthly Monetary Policy Statement 2019-20 of October 04, 2019, the Bank Rate is revised downwards by 25 basis points from 5.65 per cent to 5.40 per cent with immediate e...
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RBI |
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Marginal Standing Facility
Posted Date : 05-Oct-2019 , 10:18:10 am | Posted By: CASANSAAR
RBI/2019-2020/76
FMOD.MAOG.No.137/01.18.001/2019-20
October 4, 2019
All Marginal Standing Facility (MSF) participants
Madam/Sir,
Marginal Standing Facility
As announced in theFourth 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 Facility (LAF) by 25 basis points from 5.40 per cent to5.15 per centwith immediate effect.
2. Consequently, the Marginal Sta...
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RBI |
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Liquidity Adjustment Facility – Repo and Reverse Repo Rates
Posted Date : 05-Oct-2019 , 10:17:32 am | Posted By: CASANSAAR
RBI/2019-2020/75
FMOD.MAOG. No.136/01.01.001/2019-20
October 4, 2019
All Liquidity Adjustment Facility (LAF) participants
Madam/Sir,
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
As announced in theFourth 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 Facility (LAF) by 25 basis points from 5.40 per cent to5.15 per centwith immediate e...
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RBI |
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Sovereign Gold Bond (SGB) Scheme 2019-20 - Series V/VI/VII/VIII/IX/X - Operational Guidelines
Posted Date : 01-Oct-2019 , 08:59:04 am | Posted By: CASANSAAR
RBI/2019-20/74
IDMD.CDD.No.891/14.04.050/2019-20
September 30, 2019
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 (SGB) Scheme 2019-20 - Series V/VI/VII/VIII/IX/X - Operational Guidelines
This has reference to theGoI notification F.No.4(7)-B (W&M)/2019 dated...
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RBI |
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Sovereign Gold Bond Scheme (SGB) 2019-20 Series V/VI/VII/VIII/IX/X
Posted Date : 01-Oct-2019 , 08:57:56 am | Posted By: CASANSAAR
RBI/2019-20/73
IDMD.CDD.No.890/14.04.050/2019-20
September 30, 2019
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) 2019-20 Series V/VI/VII/VIII/IX/X
Government of India has vide itsNotification F.No.4(7)-B W&M/2019 dated September 30, 2019announ...
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RBI |
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Agency Commission- Furnishing reconciliation certificate - RBI
Posted Date : 26-Sep-2019 , 09:53:37 am | Posted By: CASANSAAR
RBI/2019-20/69
DGBA.GBD.No.648/31.12.007/2019-20
September 25, 2019
All Agency Banks
Dear Sir / Madam
Agency Commission- Furnishing reconciliation certificate
Please refer to ourCircular No RBI/2019-20/21 DGBA.GBD.No.5/31.02.007/2019-20 dated July 31, 2019related to claiming of agency commission based on which agency banks are submitting two certificates to RBI along with the agency commission claims.
2. It is now been decided that agency banks while claiming agency commission...
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RBI |
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Harmonisation of Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems
Posted Date : 21-Sep-2019 , 09:11:44 am | Posted By: CASANSAAR
RBI/2019-20/67
DPSS.CO.PD No.629/02.01.014/2019-20
September 20, 2019
All Operators and Participants of Authorised Payment Systems
Madam / Dear Sir,
Harmonisation of Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems
Please refer to theStatement on Developmental and Regulatory policiesissued as part of Monetary Policy statement dated April 4, 20...
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RBI |
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Priority Sector Lending (PSL) – Classification of Exports under priority Sector
Posted Date : 21-Sep-2019 , 09:10:36 am | Posted By: CASANSAAR
RBI/2019-20/66
FIDD.CO.Plan.BC.12/04.09.01/2019-20
September 20, 2019
The Chairman/Managing Director & CEOs
All Scheduled Commercial Banks including SFBs
(Excluding Regional Rural Banks)
Madam/Dear Sir,
Priority Sector Lending (PSL) – Classification of Exports under priority Sector
In order to boost credit to export sector, it has been decided to effect following changes in para 8 of the“Master Direction on Priority Sector Lending-targets and Classification&rdqu...
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RBI |
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RBI issued Revised Guidelines for Concurrent Audit System of Banks
Posted Date : 20-Sep-2019 , 08:37:43 am | Posted By: CASANSAAR
RBI/2019-20/64
DBS.CO.ARS.No.BC.01/08.91.021/2019-20
September 18, 2019
All Scheduled Commercial Banks (other than Regional Rural Banks), Small Finance Banks, Payments Banks and Local Area Banks
Madam/ Dear Sir,
Concurrent Audit System
Please refer tocircular DBS.CO.ARS.No.BC.2/08.91.021/2015-16 dated July 16, 2015on ‘Concurrent Audit System in Commercial Banks - Revision of RBI's Guidelines’.
2. As you are aware, concurrent audit aims at shortening the interva...
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RBI |
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Priority Sector Targets - Lending to Non-Corporate Farmers – FY 2019-20
Posted Date : 20-Sep-2019 , 08:34:34 am | Posted By: CASANSAAR
RBI/2019-20/63
FIDD.CO.Plan.BC.No.11/04.09.01/2019-20
September 19, 2019
The Chairman/ Managing Director
Chief Executive Officer
(All Scheduled Commercial Banks including Regional Rural Banks, Small Finance
Banks and Foreign banks with more than 20 branches)
Dear Sir/ Madam,
Priority Sector Targets - Lending to Non-Corporate Farmers – FY 2019-20
Please refer to ourCircular...
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RBI |
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Implementation of Section 51-A of Unlawful Activities Prevention Act (UAPA), 1967
Posted Date : 20-Sep-2019 , 08:33:54 am | Posted By: CASANSAAR
RBI/2019-20/65
DBR.AML.BC.No.16/14.06.001/2019-20
September 19, 2019
The Chairpersons/CEOs of all the Regulated Entities
Dear Sir/Madam,
Implementation of Section 51-A of Unlawful Activities Prevention Act (UAPA), 1967- Updates to ISIL (Da’esh) & Al-Qaida Sanctions List
Please refer to Section 51 of ourMaster Direction on Know Your Customer dated February 25, 2016 as amended on August 09, ...
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RBI |
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Bharat Bill Payment System - Expansion of biller categories
Posted Date : 17-Sep-2019 , 08:03:16 am | Posted By: CASANSAAR
RBI/2019-20/61
DPSS.CO.PD.No.605/02.27.020/2019-20
September 16, 2019
The Chairman and Managing Director / Chief Executive Officer
Scheduled Commercial Banks including RRBs /
Urban Co-operative Banks / State Co-operative Banks /
District Central Co-operative Banks / Payment Banks / Small Finance Banks
Bharat Bill Payment System Providers / System Participants
and prospective Bharat Bill Payment Operating Units
Madam / Dear Sir,
Bharat Bill Payment System - Expansion of biller c...
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RBI |
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Large Exposures Framework
Posted Date : 12-Sep-2019 , 09:30:58 pm | Posted By: CASANSAAR
RBI/2019-20/60
DBR.No.BP.BC.18/21.01.003/2019-20
September 12, 2019
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)
Dear Sir/Madam,
Large Exposures Framework
Please refer to paragraph 7 (a) of theStatement on Developmental and Regulatory Policies dated August 7, 2019on ‘Harmonisation of single counterparty exposure limit for banks’ exposures to a single NBFC with general single counterparty exposure limit’ (extract enclosed).
2. In terms of c...
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RBI |
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Risk Weight for Consumer Credit except credit card receivables
Posted Date : 12-Sep-2019 , 09:30:10 pm | Posted By: CASANSAAR
RBI/2019-20/59
DBR.No.BP.BC.17/21.06.001/2019-20
September 12, 2019
All Scheduled Commercial Banks
All Local Area Banks
All Small Finance Banks
All Regional Rural Banks
Dear Sir/Madam,
Risk Weight for Consumer Credit except credit card receivables
Please refer to paragraph 6 of theStatement on Developmental and Regulatory Policies dated August 7, 2019on ‘Reduction in risk weight for consumer credit except credit card receivables’ (extract enclosed).
2. As per ex...
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RBI |
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RBI Master Circular - Disbursement of Government Pension by Agency Banks
Posted Date : 10-Sep-2019 , 09:55:55 am | Posted By: CASANSAAR
RBI/2019-20/57
DGBA.GBD.No.521/31.02.007/2019-20
September 9, 2019
All Agency Banks
Dear Sir/Madam
Master Circular - Disbursement of Government Pension by Agency Banks
Please refer to ourMaster Circular RBI/2018-19/1 dated July 2, 2018on 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 June 30, 2019.
2. A copy of the revisedMaster Circularis enclosed for your...
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RBI |
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External Benchmark Based Lending - RBI
Posted Date : 05-Sep-2019 , 09:05:34 am | Posted By: CASANSAAR
RBI/2019-20/53
DBR.DIR.BC.No.14/13.03.00/2019-20
September 04, 2019
All Scheduled Commercial Banks (excluding RRBs)
All Small Finance Banks
All Local Area Banks
Madam / Dear Sir,
External Benchmark Based Lending
As you are aware, Reserve Bank had constituted an Internal Study Group (ISG) to examine various aspects of the marginal cost of funds-based lending rate (MCLR) system. The final report of the ISG was published inOctober 2017for public feedback. The ISG observed that int...
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