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Category : RBI |
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Licensing as Authorised Dealer- Category II - RBI
Posted Date : 17-Apr-2019 , 10:04:53 am | Posted By: CASANSAAR
RBI/2018-19/170
DNBR (PD) CC.No.098/03.10.001/2018-19
April 16, 2019
To
All Systemically Important Non-Deposit taking Non-Banking Financial Company – Investment and Credit Companies
Madam/Sir,
Licensing as Authorised Dealer- Category II
A large segment of population is increasingly getting connected with forex transactions on individual accounts. In order to increase the accessibility...
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RBI |
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Minimum Standards for a Currency Chest
Posted Date : 09-Apr-2019 , 09:05:24 am | Posted By: CASANSAAR
RBI/2018-19/166
DCM (CC) No.2482/03.39.01/2018-19
April 08, 2019
Chairman/Managing Director/
Chief Executive Director
All banks
Madam/Sir,
Minimum Standards for a Currency Chest
As stated in para 15 of themonetary policy statement dated October 04, 2016, the Bank had constituted a Committee on Currency Movement (CCM) [Chair: Shri D.K. Mohanty, Executive Director]. The Committee, inter-alia, recommended that the Reserve Bank should encourage banks to open large Currency Chests (...
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RBI |
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Assignment of Lead Bank Responsibility - RBI
Posted Date : 01-Apr-2019 , 06:12:22 pm | Posted By: CASANSAAR
RBI/2018-19/158
FIDD.CO.LBS.BC.No.17/02.08.001/2018-19
April 1, 2019
The Chairmen & Managing Directors/Chief Executive Officers
All Lead Banks
Madam/ Dear Sir,
Assignment of Lead Bank Responsibility
Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda has been notified vide Gazette of India Notification G.S.R. 2(E) dated January 2, 2019. The Notification called the ‘Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019’ has come into...
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RBI |
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Disclosure in the "Notes to Accounts" to the Financial Statements - Divergence in the asset classification and provisioning
Posted Date : 01-Apr-2019 , 06:11:37 pm | Posted By: CASANSAAR
RBI/2018-19/157
DBR.BP.BC.No.32/21.04.018/2018-19
April 1, 2019
All Commercial Banks
(Excluding Regional Rural Banks)
Madam / Dear Sir,
Disclosure in the "Notes to Accounts" to the Financial Statements - Divergence in the asset classification and provisioning
Please refer to ourcircular DBR.BP.BC.No.63/21.04.018/2016-17 dated April 18, 2017, on the captioned subject, requiring discl...
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RBI |
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Large Exposures Framework (LEF) - RBI
Posted Date : 01-Apr-2019 , 06:10:52 pm | Posted By: CASANSAAR
RBI/2018-19/156
DBR.No.BP.BC.31/21.01.003/2018-19
April 1, 2019
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)
Madam/Dear Sir,
Large Exposures Framework (LEF)
Please refer to thecircular DBR.No.BP.BC.43/21.01.003/2016-17 dated December 01, 2016on the subject. After due consideration of the representations received from stakeholders, it has been decided as under:
Non-centrally cleared derivatives exposures will be outside the purview of exposure limits t...
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RBI |
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Special Clearing operations on March 30 and 31, 2019 - RBI
Posted Date : 29-Mar-2019 , 12:29:44 pm | Posted By: CASANSAAR
RBI/2018-19/153
DPSS.CO.RPPD.No./2089/03.01.03/2018-19
March 28, 2019
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
Madam / Dear Sir,
Special Clearing operations on March 30 and 31, 2019
A reference is invited to the circular issued by Department of Government and Bank Accounts (DGBA.GBD.No.2...
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RBI |
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Non-resident Participation in Rupee Interest Rate Derivatives Markets (Reserve Bank) Directions, 2019
Posted Date : 28-Mar-2019 , 08:48:30 am | Posted By: CASANSAAR
RBI/2018-19/151
FMRD.DIRD.13/14.03.041/2018-19
March 27, 2019
To
All participants in rupee interest rate derivative markets
Dear Sir/Madam
Non-resident Participation in Rupee Interest Rate Derivatives Markets (Reserve Bank) Directions, 2019
Please refer to theBi-monthly Monetary Policy Statement in April 2018wherein it was announced that non-residents shall be given access to the Rupee Inte...
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RBI |
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All Agency Banks to remain open for public on March 31, 2019 - RBI
Posted Date : 27-Mar-2019 , 08:28:33 am | Posted By: CASANSAAR
RBI/2018-19/150
DBR.No.Leg.BC.30/09.07.005/2018-19
March 26, 2019
All Agency Banks
Dear Sir/ Madam
All Agency Banks to remain open for public on March 31, 2019 (Sunday)
The Government of India has advised that all Pay and Account Offices will remain open on March 31, 2019 (Sunday) to facilitate government receipt and payment transactions. Accordingly, all Agency Banks are advised to keep all their branches dealing with government business open on March 31, 2019 (Sunday).
2. Ba...
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RBI |
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RBI defers implementation of Ind AS for Banks
Posted Date : 23-Mar-2019 , 10:03:42 am | Posted By: CASANSAAR
RBI/2018-2019/146
DBR.BP.BC.No.29/21.07.001/2018-19
March 22, 2019
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Madam / Dear Sir,
Deferral of Implementation of Indian Accounting Standards (Ind AS)
Please refer to paragraph 3 of theStatement on Developmental and Regulatory Policiesissued with the First Bi-monthly Monetary Policy 2018-19 on April 5, 2018, wherein the implemen...
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RBI |
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Reporting and Accounting of Central Government Transactions of March 2019
Posted Date : 22-Mar-2019 , 09:32:05 am | Posted By: CASANSAAR
RBI/2018-19/143
DGBA.GBD.No.2394/42.01.029/2018-19
March 20, 2019
All Agency Banks
Dear Sir / Madam,
Reporting and Accounting of Central Government Transactions of March 2019
Please refer toCircular DGBA.GBD.No.2324/42.01.029/2017-18 dated March 19, 2018advising the procedure to be followed for reporting and accounting of Central Government transactions (including CBDT, CBEC, Departmentalised Ministries and Non-Civil Ministries) at the Receiving/Nodal/Focal Point branches of your...
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RBI |
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Reserve Bank of India (Prevention of Market Abuse) Directions, 2019
Posted Date : 16-Mar-2019 , 08:43:51 am | Posted By: CASANSAAR
RBI/2018-19/141
FMRD.FMSD.11/11.01.012/2018-19
March 15, 2019
To
All eligible market participants
Dear Sir/Madam
Reserve Bank of India (Prevention of Market Abuse) Directions, 2019
Please refer to Paragraph 12 of theStatement on Developmental and Regulatory Policies of the Second Bi-monthly Monetary Policy Statement for 2018-19 dated June 06, 2018, wherein it was announced that the Reserve Bank shall introduce regulations, in line with best global practices, to prevent abuse in ...
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RBI |
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White Label ATMs (WLAs) in India – Review of Guidelines
Posted Date : 08-Mar-2019 , 07:45:57 am | Posted By: CASANSAAR
RBI/2018-19/138
DPSS.CO.OD.No.1916/06.07.011/2018-19
March 7, 2019
The Chairman and Managing Director / Chief Executive Officer
All Scheduled Commercial Banks including RRBs /
Urban Co-operative Banks / State Co-operative Banks /
District Central Co-operative Banks /
Authorised ATM Network Operators /
Card Payment Network Operators /
White Label ATM Operators
Madam / Dear Sir,
White Label ATMs (WLAs) in India – Review of Guidelines
Please refer to ourcirculars DPSS.CO...
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RBI |
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Interest Subvention Scheme for Short Term Crop Loans during the years 2018-19 and 2019-20
Posted Date : 08-Mar-2019 , 07:44:57 am | Posted By: CASANSAAR
RBI/2018-19/137
FIDD.CO.FSD.BC.No.15/05.02.001/2018-19
March 7, 2019
The Chairman / Managing Director & CEOs
All Public & Private Sector Scheduled Commercial Banks
Madam/Dear Sir,
Interest Subvention Scheme for Short Term Crop Loans during the years 2018-19 and 2019-20
Please refer to ourcircular FIDD CO.FSD.BC.No.21/05.04.001/2017-18 dated June 7, 2018conveying continuation of Interest Subvention Scheme on the interim basis. In this regard, it is advised that Government...
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RBI |
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Auction of Government of India Dated Securities
Posted Date : 26-Feb-2019 , 09:53:59 am | Posted By: CASANSAAR
RBI/2018-19/131
Ref.No.IDMD/2394/08.02.032/2018-19
February 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 (re-issue) five dated securities for a notified amount of₹12,000 croreas per the following details:
Sr No
Security
Notified ...
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RBI |
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Harmonisation of different categories of NBFCs - RBI
Posted Date : 23-Feb-2019 , 10:48:23 am | Posted By: CASANSAAR
RBI/2018-19/130
DNBR (PD) CC.No.097/03.10.001/2018-19
February 22, 2019
All NBFCs
Madam/ Sir,
Harmonisation of different categories of NBFCs
Please refer to paragraph 5 of theStatement on Developmental and Regulatory Policiesof theSixth Bi-monthly Monetary Policy Statement for 2018-19 dated February 07, 2019on Harmonisation of NBFC Categories.
2.Over a period of time, evolution of the NBFC sector has resulted in several categories of NBFCs intended to focus on specific sector/...
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Interest Subvention Scheme for MSMEs
Posted Date : 23-Feb-2019 , 10:47:49 am | Posted By: CASANSAAR
RBI/2018-19/129
DNBR (PD) CC.No.096/03.10.001/2018-19
February 22, 2019
All systemically important non-deposit taking NBFCs
Madam / Dear Sir,
Interest Subvention Scheme for MSMEs
As you are aware, Government of India, on November 2, 2018, has announced ‘Interest Subvention Scheme for MSMEs 2018’.
2. A copy of the salient features and operational guidelines for implementation of the captioned scheme, released by the Ministry of Micro, Small and Medium Enterprises (M...
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RBI |
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Review of Instructions on Bulk Deposit - RBI
Posted Date : 23-Feb-2019 , 10:46:59 am | Posted By: CASANSAAR
RBI/2018-19/128
DBR.DIR.BC.No.27/13.03.00/2018-19
February 22, 2019
All Scheduled Commercial Banks (excluding Regional Rural Banks)
All Small Finance Banks
Dear Sir/Madam
Review of Instructions on Bulk Deposit
In terms of extant instructions, banks have been given discretion to offer differential rate of interest on the bulk deposits as per their requirements and Asset-Liability Management (ALM) projections.
2. In this connection, as announced in the ‘Statement on Devel...
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Micro, Small and Medium Enterprises (MSME) sector- Restructuring of Advances
Posted Date : 23-Feb-2019 , 10:46:22 am | Posted By: CASANSAAR
RBI/2018-19/127
DBR.No.BP.BC.26/21.04.048/2018-19
February 22, 2019
All banks and NBFCs regulated by the Reserve Bank of India
Dear Sir / Madam,
Micro, Small and Medium Enterprises (MSME) sector- Restructuring of Advances
Please refer tocircular DBR.No.BP.BC.18/21.04.048/2018-19 dated January 1, 2019on the above subject. One of the conditions for restructuring of existing loan of MSMEs without a dow...
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RBI |
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Risk Weights for exposures to NBFCs - RBI
Posted Date : 23-Feb-2019 , 10:45:36 am | Posted By: CASANSAAR
RBI/2018-19/126
DBR.BP.BC.No.25/21.06.001/2018-19
February 22, 2019
All Scheduled Commercial Banks
(Excluding Regional Rural Banks),
Small Finance Banks
Dear Sir / Madam,
Risk Weights for exposures to NBFCs
Please refer to para 5.8 and para 5.13.5 of theMaster Circular on Basel III Capital Regulation dated July 1, 2015. At present claims on rated as well as unrated Non-deposit Taking Systemically Important Non-Banking Financial Companies (NBFC-ND-SI), other than Asset Finance C...
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RBI |
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Interest Subvention Scheme for MSMEs - RBI
Posted Date : 21-Feb-2019 , 09:49:17 pm | Posted By: CASANSAAR
RBI/2018-19/125
FIDD.CO.MSME.BC.No.14/06.02.031/2018-19
February 21, 2019
The Chairman / Managing Director & CEOs
All Scheduled Commercial Banks
(including Regional Rural Banks)
Madam / Dear Sir,
Interest Subvention Scheme for MSMEs
As you are aware, Government of India, on November 2, 2018, has announced ‘Interest Subvention Scheme for MSMEs 2018’.
2. A copy of the salient features and operational guidelines for implementation of the captioned scheme, releas...
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RBI |
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Standing Liquidity Facility for Primary Dealers
Posted Date : 08-Feb-2019 , 08:58:59 am | Posted By: CASANSAAR
RBI/2018-19/119
REF. No. MPD.BC.385/07.01.279/2018-19
February 07, 2019
All Primary Dealers,
Standing Liquidity Facility for Primary Dealers
In theSixth Bi-monthly Monetary Policy Statement 2018-19 of the Monetary Policy Committee (MPC) of February 7, 2019, the repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points to 6.25 per cent from 6.50 per cent with immediate effect.
2. Accordingly, the Standing Liquidity Facility provided to Primary Dea...
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RBI |
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Credit Flow to Agriculture- Collateral free agricultural loans
Posted Date : 07-Feb-2019 , 05:53:07 pm | Posted By: CASANSAAR
RBI/2018-19/118
FIDD.CO.FSD.BC.No.13/05.05.010/2018-19
February 7, 2019
The Chairman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks (including RRBs and SFBs)
Madam/Sir,
Credit Flow to Agriculture- Collateral free agricultural loans
Please refer to paragraph 13 of the Statement on Development and Regulatory Policies of the Sixth Bi-Monthly Monetary Policy Statement for 2018-19 released on February 7, 2019.
2. In this connection, please refer to our ci...
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RBI |
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Change in Bank Rate
Posted Date : 07-Feb-2019 , 05:51:59 pm | Posted By: CASANSAAR
RBI/2018-19/117
DBR.No.Ret.BC.23/12.01.001/2018-19
February 07, 2019
The Chairperson / CEOs of all Scheduled and Non Scheduled Banks
Dear Sir / Madam,
Change in Bank Rate
Please refer to our circular DBR.No.Ret.BC.03/12.01.001/2018-19 dated August 01, 2018 on the captioned subject.
2. As announced in the Sixth Bi-Monthly Monetary Policy Statement 2018-19 dated February 07, 2019, the Bank Rate stands adjusted by 25 basis points from 6.75 per cent to 6....
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RBI |
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Marginal Standing Facility
Posted Date : 07-Feb-2019 , 05:49:52 pm | Posted By: CASANSAAR
RBI/2018-2019/115
FMOD.MAOG. No.129 /01.18.001/2018-19
February 7, 2019
All Marginal Standing Facility (MSF) participants
Madam/Sir,
Marginal Standing Facility
As announced in the Sixth Bi-monthly Monetary Policy Statement, 2018-19, 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 6.50 per cent to 6.25 per cent with immediate effect.
2. Consequently, the Margin...
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RBI |
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Liquidity Adjustment Facility – Repo and Reverse Repo Rates
Posted Date : 07-Feb-2019 , 05:48:03 pm | Posted By: CASANSAAR
RBI/2018-2019/114
FMOD.MAOG.No.128/01.01.001/2018-19
February 7, 2019
All Liquidity Adjustment Facility (LAF) participants
Madam/Sir,
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
As announced in the Sixth Bi-monthly Monetary Policy Statement, 2018-19, 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 6.5 per cent to 6.25 per cent with immediate...
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RBI |
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Kisan Credit Card (KCC) Scheme: Working Capital for Animal Husbandry and Fisheries
Posted Date : 04-Feb-2019 , 08:43:09 pm | Posted By: CASANSAAR
RBI/2018-19/112
FIDD.CO.FSD.BC.12/05.05.010/2018-19
February 04, 2019
The Chairman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks (including Small Finance Banks and excluding RRBs)
Madam/Sir,
Kisan Credit Card (KCC) Scheme: Working Capital for Animal Husbandry and Fisheries
Please refer to our Master Circular - Kisan Credit Card (KCC) Scheme issued videFIDD.CO.FSD.BC.No.6/05.05.010/2018-19 dated July 4, 2018. It has been decided to extend KCC facility t...
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RBI |
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Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit
Posted Date : 11-Jan-2019 , 10:45:03 pm | Posted By: CASANSAAR
RBI/2018-19/107
DBR.Dir.BC.No.22/04.02.001/2018-19
January 11, 2019
All Scheduled Commercial Banks (excluding RRBs)
Small Finance Banks and
Primary (Urban) Cooperative Banks
Dear Sir / Madam,
Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit
Please refer to the operational instructions for the captioned scheme contained in RBI circular on Interest Equalisation S...
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RBI |
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Basel III Capital Regulations- Review of transitional arrangements
Posted Date : 10-Jan-2019 , 08:48:33 pm | Posted By: CASANSAAR
RBI/2018-19/106
DBR.BP.BC.No.20/21.06.201/2018-19
January 10, 2019
All Scheduled Commercial Banks
(Excluding RRBs and LABs)
Dear Sir/Madam,
Basel III Capital Regulations- Review of transitional arrangements
Please refer to para 4.5 ‘Transitional Arrangements’, para 15.2.2 of Part D ‘Capital Conservation Buffer Framework’ and para 2.3 of Annex 16 of theMaster Circular, DBR.No.BP.BC.1/21.06.201/2015-16 dated July 1, 2015on ‘Basel III Capital Regulatio...
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RBI |
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Gold Monetization Scheme, 2015
Posted Date : 10-Jan-2019 , 09:08:27 am | Posted By: CASANSAAR
RBI/2018-19/104
DBR.IBD.BC.19/23.67.001/2018-19
January 9, 2019
All Scheduled Commercial Banks (excluding RRBs)
Dear Sir/Madam
Gold Monetization 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 theReserve Bank of India (Gold Monetization Scheme, 2015)Master Direction No.DBR.IBD.No.45/23.67.003/2015-16 dated October 22, 2015, with immediate effect.
1. Th...
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RBI |
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Tokenisation – Card transactions
Posted Date : 09-Jan-2019 , 08:00:57 am | Posted By: CASANSAAR
RBI/2018-19/103
DPSS.CO.PD No.1463/02.14.003/2018-19
January 08, 2019
The Chief Executive Officer / President
All authorised card payment networks
Madam / Dear Sir,
Tokenisation – Card transactions
Continuing the efforts to improve safety and security of card transactions, Reserve Bank of India had permitted card networks for tokenisation in card transactions for a specific use case.
2. It has now been decided to permit authorised card payment networks to offer card tok...
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