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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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 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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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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Amendment to Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPIs)
Posted Date : 31-Aug-2019 , 10:34:04 am | Posted By: CASANSAAR
RBI/2019-20/51
DPSS.CO.PD.No.499/02.14.006/2019-20
August 30, 2019
All Prepaid Payment Instrument Issuers
Madam / Dear Sir,
Amendment to Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPIs)
Please refer to paragraph 9.1 (i) (i) of the Master Direction on Issuance and Operation of PPIs issued videDPSS.CO.PD.No.1164/02.14.006/2017-18 dated October 11, 2017 (PPI-MD).
...
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Cash Withdrawal at Points-of-Sale (PoS) Devices - RBI
Posted Date : 29-Aug-2019 , 09:20:13 pm | Posted By: CASANSAAR
RBI/2019-20/50
DPSS.CO.PD.No.501/02.14.003/2019-20
August 29, 2019
All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks /
State Co-operative Banks / District Central Co-operative Banks /
All Authorised Card Networks
Madam / Dear Sir,
Cash Withdrawal at Points-of-Sale (PoS) Devices
A reference is invited to thecirculars DPSS.CO.PD.No.147/02.14.003/2009-10 dated July ...
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Interest Subvention Scheme for Kisan Credit Card (KCC) to Fisheries and Animal Husbandry farmers
Posted Date : 27-Aug-2019 , 08:46:55 am | Posted By: CASANSAAR
RBI/2019-20/48
FIDD.CO.FSD.BC.No.10/05.02.001/2019-20
August 26, 2019
The Chairman / Managing Director & CEOs
All Public & Private Sector Scheduled Commercial Banks
Madam/Dear Sir,
Interest Subvention Scheme for Kisan Credit Card (KCC) to Fisheries and Animal Husbandry farmers during the years 2018-19 and 2019-20
Please refer to ourcircular FIDD.CO.FSD.BC.12/05.05.010/2018-19 dated February 4, 2019extending KCC facility to animal husbandry farmers and fisheries for their...
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Processing of e-mandate on cards for recurring transactions
Posted Date : 22-Aug-2019 , 08:05:13 am | Posted By: CASANSAAR
RBI/2019-20/47
DPSS.CO.PD.No.447/02.14.003/2019-20
August 21, 2019
The Chairman / 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 / Payments Banks / Small Finance Banks /
Card Payment Networks / Prepaid Payment Instrument Issuers
Madam / Dear Sir,
Processing of e-mandate on cards for recurring transactions
The Reserve Bank of I...
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Real Time Gross Settlement (RTGS) System – Increase in operating hours
Posted Date : 22-Aug-2019 , 08:04:32 am | Posted By: CASANSAAR
RBI/2019-20/46
DPSS (CO) RTGS No.364/04.04.016/2019-20
August 21, 2019
The Chairman / Managing Director / Chief Executive Officer
of member banks participating in RTGS
Madam / Dear Sir,
Real Time Gross Settlement (RTGS) System – Increase in operating hours
A reference is invited to the circularDPSS (CO) RTGS No. 2488/04.04.016/2018-19 dated May 28, 2019on ‘Real Time Gross Settlement (RTGS) System – Extension of Timings for Customer Transactions’.
2. At...
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Gold Monetisation Scheme, 2015
Posted Date : 17-Aug-2019 , 06:55:31 am | Posted By: CASANSAAR
RBI/2019-20/43
DBR.IBD.BC.No.13/23.67.001/2019-20
August 16, 2019
All Scheduled Commercial Banks (excluding Regional Rural Banks)
Dear Sir/Madam
Gold Monetisation Scheme, 2015
In exercise of the powers conferred on the Reserve Bank of India under Section 35A of the Banking Regulation Act, 1949, the RBI makes the following amendments in the Reserve Bank of India (Gold Monetization Scheme, 2015)Master...
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Usage of ATMs – Free ATM transactions – Clarifications
Posted Date : 16-Aug-2019 , 08:11:31 am | Posted By: CASANSAAR
RBI/2019-20/41
DPSS.CO.PD No. 377/02.10.002/2019-20
August 14, 2019
All Scheduled Commercial Banks including Regional Rural Banks /
Urban Co-operative Banks / State Co-operative Banks /
District Central Co-operative Banks / Small Finance Banks /
Payment Banks / White Label ATM Operators
Madam / Sir,
Usage of ATMs – Free ATM transactions – Clarifications
Please refer to ourcirculars DPSS.CO.PD.No. 316/02.10.002/2014-2015 dated August 14, 2014andDPSS.CO.PD.No. 659/02...
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Direct Benefit Transfer (DBT) Scheme – Implementation
Posted Date : 14-Aug-2019 , 10:32:14 am | Posted By: CASANSAAR
RBI/2019-20/40
FIDD.CO.LBS.BC.No.09/02.01.001/2019-20
August 13, 2019
The Chairmen / Managing Directors & CEOs
Scheduled Commercial Banks (including Regional Rural Banks),
Small Finance Banks and Payments Banks
Madam / Dear Sir,
Direct Benefit Transfer (DBT) Scheme – Implementation
Please refer toCircular RPCD.CO.LBS.BC.No.75/02.01.001/2012-13 dated May 10, 2013andRPCD.CO.LBS.BC.No.11/02.01.001/2013-14 dated July 9, 2013regarding the use of Aadhaar to facilitate deliv...
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Priority Sector Lending – Lending by banks to NBFCs for On-Lending
Posted Date : 14-Aug-2019 , 10:31:25 am | Posted By: CASANSAAR
RBI/2019-20/39
FIDD.CO.Plan.BC.7/04.09.01/2019-20
August 13, 2019
The Chairman/ Managing Director & CEOs
All Scheduled Commercial Banks
(Excluding Regional Rural Banks and Small Finance Banks)
Dear Sir/ Madam,
Priority Sector Lending – Lending by banks to NBFCs for On-Lending
In order to boost credit to the needy segment of borrowers, it has been decided that bank credit to r...
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Amendment to Master Direction (MD) on KYC
Posted Date : 10-Aug-2019 , 08:33:32 am | Posted By: CASANSAAR
RBI/2019-20/37
DBR.AML.BC.No.11/14.01.001/2019-20
August 9, 2019
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. 381(E) dated May 28, 2019, has notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005.
2. The change carried out in the Master Direction in accordance with the aforementioned amendment to the PML Rules is as unde...
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Change in Bank Rate
Posted Date : 08-Aug-2019 , 08:41:30 am | Posted By: CASANSAAR
RBI/2019-20/36
DBR.No.Ret.BC.10/12.01.001/2019-20
August 07, 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.44/12.01.001/2018-19 dated June 06, 2019, on the captioned subject.
2. As announced in theThird Bi-Monthly Monetary Policy Statement 2019-20 of August 07, 2019, the Bank Rate is revise...
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Standing Liquidity Facility for Primary Dealers
Posted Date : 08-Aug-2019 , 08:40:52 am | Posted By: CASANSAAR
RBI/2019-20/35
REF.No.MPD.BC.388/07.01.279/2019-20
August 07, 2019
All Primary Dealers,
Standing Liquidity Facility for
Primary Dealers
In theThird Bi-monthly Monetary Policy Statement 2019-20 of the Monetary Policy Committee (MPC) of August 07, 2019, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 35 basis points to 5.40 per cent from 5.75 per cent with immediate effect.
2. Accordingly, the Standing Liquidity Facility provided to Primary D...
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Marginal Standing Facility
Posted Date : 08-Aug-2019 , 08:40:12 am | Posted By: CASANSAAR
RBI/2019-2020/34
FMOD.MAOG. No.135/01.18.001/2019-20
August 7, 2019
All Marginal Standing Facility (MSF) participants
Madam/Sir,
Marginal Standing Facility
As announced in theThird 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 35 basis points from 5.75 per cent to5.40 per centwith immediate effect.
2. Consequently, the Marginal Stan...
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Liquidity Adjustment Facility – Repo and Reverse Repo Rates
Posted Date : 08-Aug-2019 , 08:39:32 am | Posted By: CASANSAAR
RBI/2019-2020/33
FMOD.MAOG. No.134/01.01.001/2019-20
August 7, 2019
All Liquidity Adjustment Facility (LAF) participants
Madam/Sir,
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
As announced in theThird 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 35 basis points from 5.75 per cent to5.40 per centwith immediate eff...
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Financial Inclusion - Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA)
Posted Date : 02-Aug-2019 , 09:07:50 pm | Posted By: CASANSAAR
RBI/2019-20/31
DCBR.BPD (PCB/RCB).Cir.No.02/13.01.000/2019-20
August 2, 2019
The Chief Executive Officer
All Primary (Urban) Co-operative Banks,
All State/ Central Co-operative Banks
Madam / Dear Sir,
Financial Inclusion - Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA)
Please refer to ourcirculars UBD.BPD.Cir.No.5/13.01.000/2012-13 dated August 17, 2012andRPCD.CO.RRB.RCB.BC.No.24/07.38.01/2012-13 dated August 22, 2012on the captioned subject.
2. The ...
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Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans by NBFC
Posted Date : 02-Aug-2019 , 09:06:58 pm | Posted By: CASANSAAR
RBI/2019-20/30
DNBR (PD) CC.No.101/03.10.001/2019-20
August 02, 2019
All NBFCs
Madam / Dear Sir,
Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans by NBFCs
Please refer to paragraph 30(4) of Chapter VI of Master Direction - Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 and paragr...
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Levy of Foreclosure Charges /Pre-payment Penalty on Floating Rate Term Loans
Posted Date : 02-Aug-2019 , 09:06:18 pm | Posted By: CASANSAAR
RBI/2019-20/29
DBR.Dir.BC.No.08/13.03.00/2019-20
August 02, 2019
All Scheduled Commercial Banks
(Excluding RRBs)
All Small Finance Banks
All Local Area Banks
Dear Sir / Madam
Levy of Foreclosure Charges /Pre-payment Penalty on Floating Rate Term Loans
Please refer to ourcircularsDBOD.No.Dir.BC.107/13.03.00/2011-12dated June 5, 2012andDBOD.Dir.BC.No.110/13.03.00/2013-14 dated May...
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Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Posted Date : 02-Aug-2019 , 10:07:17 am | Posted By: CASANSAAR
RBI/2019-20/28
DGBA.GBD.No.250/31.12.010/2019-20
August 1, 2019
All Agency Banks
Dear Sir / Madam
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Please refer to ourMaster Circular RBI/2018-19/2 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 July 31, 2019.
2. A copy of the revisedMaster C...
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Master Circular on SHG-Bank Linkage Programme
Posted Date : 02-Jul-2019 , 07:47:50 am | Posted By: CASANSAAR
RBI/2019-20/08
FIDD.FID.BC.No.05/12.01.033/2019-20
July 01, 2019
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 on t...
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Master Circular – Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
Posted Date : 02-Jul-2019 , 07:47:04 am | Posted By: CASANSAAR
RBI/2019-20/07
DCM (CC) No.G-5/03.44.01/2019-20
July 01, 2019
The Chairman & Managing Director
Chief Executive Officers
All Banks
Master Circular – Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
Please refer to theCircular DCM (CC) No.G-4/03.44.01/2018-19 dated July 3, 2018on the scheme of penalties.
2. A revised and updated version on the subject isannexedfor information and necessary action.
3. Th...
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Master Circular-Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs
Posted Date : 02-Jul-2019 , 07:46:30 am | Posted By: CASANSAAR
RBI/2019-20/6
FIDD.CO.GSSD.BC.No.03/09.09.001/2019-20
July 01, 2019
The Chairman & Managing Director / CEO
All Scheduled Commercial Banks &
Small Finance Banks
Dear Sir/Madam,
Master Circular-Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Please refer to theMaster Circular FIDD.CO.GSSD.BC.No.06/09.09.001/2017-18 dated July 01, 2017consolidating guidelines / Instructions / directions issued to banks with regard to providing credit facilities to ...
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Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
Posted Date : 02-Jul-2019 , 07:45:20 am | Posted By: CASANSAAR
RBI/2019-20/05
FIDD.GSSD.CO.BC.No.01/09.16.03/2019-20
July 01, 2019
The Chairman & Managing Director/CEO
All Scheduled Commercial Banks &
Small Finance Banks
Madam/Dear Sir,
Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
Please refer to theMaster Circular on NULM FIDD.GSSD.CO.BC.No.11/09.16.03/2018-19 dated December 06, 2018containing the instructions / guidelines / directives issued to banks.
2. The Master Circular has been suitably...
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Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Posted Date : 02-Jul-2019 , 07:44:29 am | Posted By: CASANSAAR
RBI/2019-20/04
FIDD.GSSD.CO.BC.No.02/09.01.01/2019-20
July 01, 2019
The Chairman/ Managing Director & CEO
All Scheduled Commercial Banks &
Small Finance Banks
Dear Sir/Madam,
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Please refer to theMaster Circular FIDD.GSSD.CO.BC.No.05/09.01.01/2018-19 dated July 03, 2018on Deendayal Antyodaya Yojana - National Rural Livelihoods Mission.
TheMaster Circularhas been suitably ...
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Master Circular- Credit Facilities to Minority Communities
Posted Date : 02-Jul-2019 , 07:43:42 am | Posted By: CASANSAAR
RBI/2019-20/03
FIDD.GSSD.BC.No.04/09.10.01/2019-20
July 01, 2019
The Chairman/ Managing Director/ Chief Executive Officer
All Scheduled Commercial Banks & Small Finance Banks
(Excluding RRBs and Foreign banks with less than 20 branches)
Dear Sir / Madam,
Master Circular- Credit Facilities to Minority Communities
Please refer to ourMaster Circular FIDD.GSSD.BC.No.01/09.10.01/2018-19 dated July 02, 2018, containing the instructions / guidelines / directives issued to banks ti...
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Master Circular – Facility for Exchange of Notes and Coins
Posted Date : 02-Jul-2019 , 07:42:56 am | Posted By: CASANSAAR
RBI/2019-20/02
DCM (NE) No. G-2/08.07.18/2019-20
July 01, 2019
The Chairman and Managing Director /
The Managing Director/
The Chief Executive Officer
All Banks
Madam / Dear Sir
Master Circular – Facility for Exchange of Notes and Coins
Please refer to theMaster Circular DCM (NE) No.G-2/08.07.18/2018-19 dated July 02, 2018containing instructions on the facility for exchange of notes and coins. A revised version ofMaster Circularon the subject is annexed for your informat...
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Master Circular – Detection and Impounding of Counterfeit Notes
Posted Date : 02-Jul-2019 , 07:42:14 am | Posted By: CASANSAAR
RBI/2019-20/01
DCM (FNVD) G –1/16.01.05/2019-20
July 1, 2019
The Chairman/ Managing Director /Chief Executive Officer
All Banks and
Director of Treasuries of all States
Dear Sir / Madam,
Master Circular – Detection and Impounding of Counterfeit Notes
Please refer to theMaster Circular DCM (FNVD) G - 1/16.01.05/2018-19 dated July 2, 2018consolidating the instructions issued till July 2, 2018, relating to Detection and Impounding of Counterfeit Notes. TheMaster Circul...
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