| Notifications/Circulars |
Category : RBI |
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Furthering Digital Payments – Waiver of Charges – National Electronic Funds Transfer (NEFT) System
Posted Date : 17-Dec-2019 , 11:26:16 am | Posted By: CASANSAAR
RBI/2019-20/116
DPSS (CO) RPPD No.1140/04.03.01/2019-20
December 16, 2019
The Chairman / Managing Director / Chief Executive Officer
of member banks participating in NEFT
Madam/Dear Sir,
Furthering Digital Payments – Waiver of Charges –
National Electronic Funds Transfer (NEFT) System
A reference is invited toRBI circulars DPSS CO (EPPD)/98/04.03.01/2012-13 dated July 13, 2012on National Electronic Funds Transfer (NEFT) System - Rationalisation of customer charg...
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RBI |
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Liquidity Support (LS) Facility - NEFT 24 x 7
Posted Date : 13-Dec-2019 , 09:57:29 pm | Posted By: CASANSAAR
RBI/2019-20/115
FMOD.MAOG.No.138/01.01.001/2019-20
December 13, 2019
The Chairman / Managing Director / Chief Executive Officers
of member banks participating in NEFT payment system
Madam / Dear Sir
Liquidity Support (LS) Facility - NEFT 24 x 7
As announced in theStatement on Developmental and Regulatory Policies dated October 4, 2019, in order to facilitate smooth settlement of NEFT transactions in the accounts of the member banks maintained with the Reserve Bank in a 24x7 envi...
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RBI |
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Operational Risk Management: Price / Yield range setting in e-Kuber
Posted Date : 13-Dec-2019 , 07:13:27 am | Posted By: CASANSAAR
RBI/2019-20/114
Ref. No. IDMD/1615/08.02.032/2019-20
December 12, 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
Operational Risk Management: Price / Yield range setting in e-Kuber
In the recent past there have been a few instances of Fat Finger, Big Figure errors on the part of market participants in G Sec auctions. Realizing that such errors c...
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RBI |
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RBI Master Circular on Collection of Direct Tax – OLTAS
Posted Date : 13-Dec-2019 , 07:12:44 am | Posted By: CASANSAAR
RBI/2019-20/113
DGBA.GBD.No.1141/42.01.034/2019-20
December 12, 2019
To
All Agency Banks
Dear Sir/ Madam
RBI Master Circular on Collection of Direct Tax – OLTAS
Please refer to ourCircular DGBA.GAD.No.458/42.01.034/2016-17 dated August 25, 2016and DGBA.GAD.No.910/42.01.034/2016-17 dated October 14, 2016, on Collection of Direct Taxes, wherein it was clarified that only the Master Circ...
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RBI |
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Availability of National Electronic Funds Transfer (NEFT) System on 24x7 basis
Posted Date : 07-Dec-2019 , 07:45:10 am | Posted By: CASANSAAR
RBI/2019-20/111
DPSS (CO) RPPD No.1097/04.03.01/2019-20
December 6, 2019
The Chairman/Managing Director/Chief Executive Officer
of member banks participating in NEFT payment system
Madam/Dear Sir
Availability of National Electronic Funds Transfer (NEFT) System on 24x7 basis
Please refer to our circular DPSS (CO) RPPD No.510/04.03.01/2019-20 dated August 30, 2019 regarding availability of NEFT on a 24x7 basis.
2. It has been decided that the above facility shall be made availa...
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RBI |
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Acquisition of financial assets by Asset Reconstruction Companies from sponsors and lenders
Posted Date : 07-Dec-2019 , 07:44:13 am | Posted By: CASANSAAR
RBI/2019-20/110
DOR.NBFC(ARC) CC. No. 8/26.03.001/2019-20
December 6, 2019
All Asset Reconstruction Companies
Madam/ Sir,
Acquisition of financial assets by Asset Reconstruction Companies from sponsors and lenders
Please refer to para 2(A) ofCircular DNBS (PD) CC.No.37/SCRC/26.03.001/2013-2014 dated March 19, 2014.
2. On a review, it has been decided that Asset Reconstruction Companies (ARCs) shall not acquire financial assets from the following on a bilateral basis, whatever ...
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RBI |
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Exim Bank's Government of India supported Line of Credit (LOC) of USD 500 million to the Government of Bangladesh
Posted Date : 05-Dec-2019 , 05:25:14 pm | Posted By: CASANSAAR
RBI/2019-20/109 A.P. (DIR Series) Circular No.11
December 05, 2019
All Category – I Authorised Dealer Banks
Madam/Sir
Exim Bank's Government of India supported Line of Credit (LOC) of USD 500 million to the Government of Bangladesh
Export-Import Bank of India (Exim Bank) has entered into an agreement dated April 11, 2019 with the Armed Forces Division, Government of the People’s Republic of Bangladesh for making available to the latter, a Government of India supported Li...
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RBI |
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Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 - Amendment
Posted Date : 29-Nov-2019 , 08:18:34 am | Posted By: CASANSAAR
RBI/2019-20/107
FMRD.DIRD.21/14.03.038/2019-20
November 28, 2019
To
All participants in repo market
Dear Sir/Madam
Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 - Amendment
Please refer toRepurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.
2. Units of Debt Exchange Traded Funds (Debt ETFs) shall henceforth be eligible securities for repo transactions.
3. The Directions, revised as above, areenclosed.
Yours faithfully
...
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RBI |
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Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Posted Date : 29-Nov-2019 , 08:17:49 am | Posted By: CASANSAAR
RBI/2019-20/105
FIDD.GSSD.CO.BC.No.15/09.01.01/2019-20
November 26, 2019
The Chairman/ Managing Director & CEO
All Scheduled Commercial Banks &
Small Finance Banks
Madam/Dear Sir
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Please refer to theMaster Circular FIDD.GSSD.CO.BC.No.02/09.01.01/2019-20 dated July 01, 2019on Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM).
2. The latest guideli...
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RBI |
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Exclusion of “Vijaya Bank” and “Dena Bank” from the Second Schedule of the Reserve Bank of India Act, 1934 and cessation as banking companies
Posted Date : 28-Nov-2019 , 06:03:20 pm | Posted By: CASANSAAR
RBI/2019-20/106
DOR.No.Ret.BC.25/12.07.160/2019-20
November 28, 2019
All Scheduled Commercial Banks
Dear Sir/Madam
Exclusion of “Vijaya Bank” and “Dena Bank” from the Second Schedule of the Reserve Bank of India Act, 1934 and cessation as banking companies
“Vijaya Bank” and “Dena Bank” have been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from April 01, 2019 since they have ceased to carry on...
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RBI |
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Non-resident Rupee Accounts – Review of Policy
Posted Date : 22-Nov-2019 , 06:35:36 pm | Posted By: CASANSAAR
RBI/2019-20/102
A.P. (DIR Series) Circular No. 09
November 22, 2019
To
All Category-I Authorised Dealer Banks
Madam / Sir
Non-resident Rupee Accounts – Review of Policy
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph 3 ofStatement on Developmental and Regulatory Policiesof the Fourth Bi-Monthly Monetary Policy Statement for 2019-20 dated October 04, 2019.
2. In terms of paragraph 7 of Part II ofMaster Direction No.14 dated Jan...
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RBI |
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Liquidation of Aditya Birla Idea Payments Bank Limited
Posted Date : 18-Nov-2019 , 05:23:25 pm | Posted By: CASANSAAR
RBI/2019-20/99
DOR.No.Recon.Div.24/10.03.200/2019-20
November 18, 2019
All Scheduled Commercial Banks
Dear Sir / Madam
Liquidation of Aditya Birla Idea Payments Bank Limited
We advise that on a voluntarily winding up application by Aditya Birla Idea Payments Bank Limited, the Hon’ble Bombay High Court has passed an order on September 18, 2019 and has appointed Shri Vijaykumar V. Iyer, Senior Director of Deloitte Touche Tohmatsu India LLP as the Liquidator of Aditya Birla Id...
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RBI |
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Auction of Government of India Dated Securities
Posted Date : 12-Nov-2019 , 09:50:59 am | Posted By: CASANSAAR
RBI/2019-20/97
Ref.No.IDMD/1277/08.02.032/2019-20
November 11, 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 croreas per the following details:
Sr No
Security
Notified Am...
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Category :
RBI |
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Withdrawal of exemptions granted to Housing Finance Institutions
Posted Date : 12-Nov-2019 , 09:48:55 am | Posted By: CASANSAAR
RBI/2019-20/98
DOR NBFC (PD) CC.No.105/03.10.136/2019-20
November 11, 2019
To
All Housing Finance Companies
Madam/Sir,
Withdrawal of exemptions granted to Housing Finance Institutions
Please refer to Para 1 of ourMaster Direction – Exemptions from the provisions of RBI Act, 1934.
2. Housing Finance Institutions as defined under Clause (d) of Section 2 of the National Housing Bank Act, 1987 are currently exempt from the provisions of Chapter IIIB of Reserve Bank of Ind...
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RBI |
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Technical Specifications for all participants of the Account Aggregator (AA) ecosystem
Posted Date : 09-Nov-2019 , 07:18:22 am | Posted By: CASANSAAR
RBI/2019-20/96
DOR NBFC (PD) CC.No.104/03.10.001/2019-20
November 08, 2019
To All Regulated Entities of the Bank
Madam/ Sir,
Technical Specifications for all participants of the Account Aggregator (AA) ecosystem
Please refer to theMaster Direction – Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 dated September 02, 2016.
2. The NBFC-AA consolidates financial information of a customer held with different financial entities, spread acros...
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RBI |
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Qualifying Assets Criteria - Review of Limits
Posted Date : 08-Nov-2019 , 06:10:44 pm | Posted By: CASANSAAR
RBI/2019-20/95
DOR.NBFC (PD) CC. No.103/22.10.038/2019-20
November 08, 2019
To
All Non-Banking Financial Companies-Micro Finance Institutions (NBFC-MFIs)
Madam / Sir,
Qualifying Assets Criteria - Review of Limits
Please refer to the Statement on Developmental and Regulatory Policies issued as part of Monetary Policy Statement dated October 4, 2019 and Para 3 of the Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Res...
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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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Category :
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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Category :
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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Category :
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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Category :
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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Category :
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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