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Category : RBI |
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Review of margin requirements under the Liquidity Adjustment Facility and Marginal Standing Facility
Posted Date : 06-Jun-2018 , 09:19:32 pm | Posted By: CASANSAAR
RBI/2017-2018/188
FMOD.MAOG No.125/01.01.001/2017-18
June 6, 2018
All Scheduled Commercial Banks
(Excluding Regional Rural Banks),
Scheduled Urban Co-operative Banks and
Standalone Primary Dealers
Madam/Sir,
Review of margin requirements under the Liquidity Adjustment Facility and Marginal Standing Facility
Please refer to thecirculars FMD.MOAG No.77/01.01.001/2012-13 dated March 19, 2013andFMOD.MAOG No.117/01.01.001/2016-17 dated November 25, 2016.
2. Currently, the margin...
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Standing Liquidity Facility for Primary Dealers - RBI
Posted Date : 06-Jun-2018 , 09:15:18 pm | Posted By: CASANSAAR
RBI/2017-18/187
REF. No. MPD.BC. 383/07.01.279/2017-18
Jyeshtha 16, 1940 (Saka)
June 6, 2018
All Primary Dealers,
Standing Liquidity Facility for Primary Dealers
In theSecond Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC), the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points to 6.25 per cent from 6.00 per cent with immediate effect.
2. Accordingly, the Standing Liquidity Facility provid...
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RBI |
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Encouraging formalisation of MSME sector - RBI
Posted Date : 06-Jun-2018 , 09:14:42 pm | Posted By: CASANSAAR
RBI/2017-18/186
DBR.No.BP.BC.108/21.04.048/2017-18
June 6, 2018
All banks and NBFCs regulated by the Reserve Bank of India
Madam / Dear Sir,
Encouraging formalisation of MSME sector
Please refer to thecircular DBR.No.BP.BC.100/21.04.048/2017-18 dated February 07, 2018.
2. Having regard to the input credit linkages and ancillary affiliations, it has now been decided to temporarily allow banks and NBFCs to classify their exposure, as per the 180 days past due criterion, to all M...
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Change in Bank Rate - RBI
Posted Date : 06-Jun-2018 , 09:13:55 pm | Posted By: CASANSAAR
RBI/2017-18/185
DBR.No.Ret.BC.107/12.01.001/2017-18
June 06, 2018
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.82/12.01.001/2017-18 dated August 02, 2017on the captioned subject.
2. As announced in theSecond Bi-Monthly Monetary Policy Statement 2018-19 dated June 06, 2018, the Bank Rate stands adjusted by 25 basis points from 6.25 per cent to 6.50 per cent with effect from June 0...
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Marginal Standing Facility - RBI
Posted Date : 06-Jun-2018 , 09:12:52 pm | Posted By: CASANSAAR
RBI/2017-2018/184
FMOD.MAOG.No.124/01.18.001/2017-18
June 6, 2018
All Scheduled Commercial Banks (excluding RRBs)
Madam/Sir,
Marginal Standing Facility
As announced in theSecond Bi-monthly Monetary Policy Statement, 2018-19, today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.0 per cent to6.25 per centwith immediate effect.
2. Consequent to the change in the R...
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Liquidity Adjustment Facility – Repo and Reverse Repo Rates - RBI
Posted Date : 06-Jun-2018 , 09:11:56 pm | Posted By: CASANSAAR
RBI/2017-2018/183
FMOD.MAOG. No.123 /01.01.001/2017-18
June 6, 2018
All Scheduled Commercial Banks (excluding RRBs),
Scheduled Urban Co-operative Banks and Standalone Primary Dealers
Madam/Sir,
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
As announced in theSecond Bi-monthly Monetary Policy Statement, 2018-19, today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25...
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RBI |
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Withdrawal of Exemptions Granted to Government Owned NBFCs - RBI
Posted Date : 01-Jun-2018 , 07:27:47 am | Posted By: CASANSAAR
RBI/2017-18/181
DNBR (PD) CC.No.092/03.10.001/2017-18
May 31, 2018
All Government NBFCs
Madam/ Sir,
Withdrawal of Exemptions Granted to Government Owned NBFCs
Government owned companies, as defined under Clause (45) of Section 2 of the Companies Act, 2013 (Section 617 of the Companies Act, 1956) and registered with the Reserve Bank of India as NBFCs, are currently exempt from following regulatory and statutory provisions:
(i) Sections 45-IB and 45-IC of the RBI Act, 1934.
(...
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Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) – Final Guidelines
Posted Date : 17-May-2018 , 06:01:10 pm | Posted By: Manya
RBI/2017-18/178
DBR.BP.BC.No.106/21.04.098/2017-18
May 17, 2018
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/Madam,
Basel III Framework on Liquidity Standards –
Net Stable Funding Ratio (NSFR) – Final Guidelines
The Net Stable Funding Ratio (NSFR) and Liquidity Coverage Ratio (LCR) are significant components of the Basel III reforms. The LCR guidelines which promote short term resilience of a bank’s liquidity profile have been issued vide circular ...
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RBI |
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Setting up of IFSC Banking Units (IBUs) – Permissible activities
Posted Date : 17-May-2018 , 05:59:35 pm | Posted By: Manya
Setting up of IFSC Banking Units (IBUs) – Permissible activities
RBI/2017-18/177
DBR.IBD.BC. 105/23.13.004/2017-18
May 17, 2018
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Dear Sir/Madam
Setting up of IFSC Banking Units (IBUs) – Permissible activities
Please refer to RBI circular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015, as modified from time to time, setting out RBI directions relating to IFSC Banking Units (IBUs).
2. In terms ...
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RBI |
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Revised guidelines on lending to Priority Sector for Primary (Urban) Co-operative Banks (UCBs)
Posted Date : 10-May-2018 , 06:03:48 pm | Posted By: Manya
RBI/2017-18/175
DCBR.BPD (PCB).Cir.No.07/09.09.002/2017-18
May 10, 2018
The Chief Executive Officer
All Primary (Urban) Co-operative Banks
Dear Sir / Madam
Revised guidelines on lending to Priority Sector for Primary (Urban) Co-operative Banks (UCBs)
Please refer to our circular UBD.CO.BPD.(PCB).MC.No.18/09.09.001/2013-14 dated October 8, 2013 on the captioned subject and amendments thereto from time to time, consolidated in Master Circular DCBR.BPD.(PCB).MC.No:11/09.09.001/2015...
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RBI |
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Data Sharing with Directorate of Revenue Intelligence
Posted Date : 04-May-2018 , 10:43:01 am | Posted By: Manya
RBI/2017-18/173
A.P. (DIR Series) Circular No. 28
May 03, 2018
To
All Category - I Authorised Dealer Banks
Madam/ Sir
Data Sharing with Directorate of Revenue Intelligence
Attention of Authorised Dealer Category I (AD Category I) banks is invited to provisions contained in Sections 108 A and 108 B of the Customs Act, 1962 and the Rules notified thereunder vide GSR 1512 (E) Notification No. 114/2017-Customs (N.T) dated December 14, 2017. All AD Category I banks are advised to e...
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RBI |
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Guidelines on Stripping/Reconstitution of Government Securities
Posted Date : 04-May-2018 , 10:40:55 am | Posted By: Manya
RBI/2017-18/171
IDMD.GBD.2783/08.08.016/2018-19
May 3, 2018
All Market Participants
Dear Sir/Madam,
Guidelines on Stripping/Reconstitution of Government Securities
Please refer to paragraph 7 of the Statement on Regulatory and Developmental Policies announced on April 5, 2018 regarding review of the mechanism of the Separate Trading of Registered Interest and Principal of Securities (STRIPS) which was introduced w.e.f. April 1, 2010.
2. With a view to meeting the diverse needs...
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RBI |
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Investment by Foreign Portfolio Investors (FPI) in Debt - Review
Posted Date : 28-Apr-2018 , 06:57:22 am | Posted By: CASANSAAR
RBI/2017-18/168
A.P. (DIR Series) Circular No. 24
April 27, 2018
To
All Authorized Persons
Madam / Sir
Investment by Foreign Portfolio Investors (FPI) in Debt - Review
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified videNotification No. FEMA.20/2000-RB dated May 3, 2000, as amended from time to time and the re...
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RBI |
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Master Direction - Know Your Customer (KYC) Direction, 2016
Posted Date : 21-Apr-2018 , 09:56:45 am | Posted By: Manya
RBI/DBR/2015-16/18
Master Direction DBR.AML.BC.No.81/14.01.001/2015-16
February 25, 2016
(Updated as on April 20, 2018)
Master Direction - Know Your Customer (KYC) Direction, 2016
In terms of the provisions of Prevention of Money-Laundering Act, 2002 and the
Prevention of Money-Laundering (Maintenance of Records) Rules, 2005, Regulated
Entities (REs) are required to follow certain customer identification procedures while
undertaking a transaction either by establishing an account based r...
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RBI |
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Sovereign Gold Bond Scheme 2018-19 Series-I, Operational Guidelines
Posted Date : 14-Apr-2018 , 10:09:56 am | Posted By: Manya
RBI/2017-18/164
IDMD.CDD.No.2652/14.04.050/2017-18
April 13 2018
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 2018-19 Series-I, Operational Guidelines
This has reference to the GoI notification F.No.4(8)-W&M/2018 and RBI circular IDMD.CDD.No.2651/14....
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Sovereign Gold Bond Scheme 2018-19 Series I
Posted Date : 14-Apr-2018 , 10:07:18 am | Posted By: Manya
RBI/2017-18/163
IDMD.CDD.No.2651/14.04.050/2017-18
April 13, 2018
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 2018-19 Series I
Government of India has vide its Notification F.No.4(8)-W&M/2018 dated April 13, 2018 announced that the Sovereign Gold ...
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RBI |
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Cassette - Swaps in ATMs
Posted Date : 13-Apr-2018 , 10:03:58 am | Posted By: Manya
RBI/2017-18/162
DCM (Plg.) No. 3641/10.25.007/2017-18
April 12, 2018
The Chairman and Managing Director/
Chief Executive Officer
All Banks
Dear Sir,
Cassette - Swaps in ATMs
As stated in para 15 of the monetary policy statement dated October 04, 2016, the Bank had constituted a Committee on Currency Movement (CCM) [Chair: Shri D.K. Mohanty, Executive Director] to review the entire gamut of security of the treasure in transit. The recommendations of the Committee have been exami...
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RBI |
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Liberalised Remittance Scheme (LRS) for Resident Individuals – daily reporting of transactions
Posted Date : 13-Apr-2018 , 10:02:52 am | Posted By: Manya
RBI/2017-18/161
A.P. (DIR Series) Circular No. 23
April 12, 2018
To
All Category - I Authorised Dealer Banks
Madam / Sir
Liberalised Remittance Scheme (LRS) for Resident Individuals – daily reporting of transactions
Please refer to the announcement made in para 10 of Part II of the First Bi Monthly Monetary Policy Statement 2018-19 dated April 05, 2018.
2. Currently, transactions under Liberalised Remittance Scheme (LRS) are being permitted by AD banks based on the de...
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RBI |
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Interest rates for Small Savings Schemes
Posted Date : 12-Apr-2018 , 05:53:06 pm | Posted By: Manya
RBI/2017-18/160
DGBA.GBD. 2573/15.02.005/2017-18
April 12, 2018
The Chairman/Chief Executive Officer
Agency Banks handling Small Saving Schemes
Dear Sir
Interest rates for Small Savings Schemes
Please refer to our circular DGBA.GBD.1781/15.02.005/2017-18 dated January 11, 2018 on the above subject. The Government of India, has vide their Office Memorandum (OM) No.F.No.01/04/2016–NS dated March 28, 2018 has stated that the interest rates on Small Savings Schemes for the fir...
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RBI |
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RBI Reference Rate for US $
Posted Date : 10-Apr-2018 , 02:33:37 pm | Posted By: Manya
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9368 on April 10, 2018.
The corresponding rate for the previous day (April 09, 2018) was ₹ 64.9287.
Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below:
...
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RBI |
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Money Market Operations as on April 09, 2018
Posted Date : 10-Apr-2018 , 11:28:13 am | Posted By: Manya
...
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RBI |
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Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations
Posted Date : 10-Apr-2018 , 11:26:28 am | Posted By: Manya
The result of the RBI Fixed Rate Reverse Repo Operations held on April 09, 2018 is as under:...
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RBI |
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Storage of Payment System Data
Posted Date : 07-Apr-2018 , 10:20:00 am | Posted By: Manya
RBI/2017-18/153
DPSS.CO.OD No.2785/06.08.005/2017-2018
6 April 2018
The Chairman and Managing Director / Chief Executive Officers,
Authorised Payment Systems /
All Scheduled Commercial Banks including RRBs /
Urban Co-operative Banks / State Co-operative Banks /
District Central Co-operative Banks /Payment Banks / Small Finance Banks and Local Area Banks
Madam / Sir,
Storage of Payment System Data
Please refer to paragraph 4 of the Statement on Development and Regulatory Polic...
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RBI |
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Action Points for Lead Banks on Enhancing the Effectiveness of Lead District Managers (LDMs)
Posted Date : 07-Apr-2018 , 10:13:53 am | Posted By: Manya
RBI/2017-2018/156
FIDD.CO.LBS.BC.No.20/02.01.001/2017-18
April 6, 2018
The Chairmen/Managing Directors/Chief Executive Officers
All Lead Banks
Madam/ Dear Sir,
Action Points for Lead Banks on Enhancing the Effectiveness of Lead District Managers (LDMs)
As you are aware, the Lead Bank Scheme was last reviewed by the “High Level Committee” under Smt Usha Thorat, then Deputy Governor of Reserve Bank of India, as the Chairperson in 2009. In view of changes that have take...
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RBI |
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Revamp of Lead Bank Scheme - Action Points for SLBC Convenor Banks/ Lead Banks
Posted Date : 07-Apr-2018 , 10:12:27 am | Posted By: Manya
RBI/2017-2018/155
FIDD.CO.LBS.BC.No.19/02.01.001/2017-18
April 6, 2018
The Chairmen/Managing Directors/Chief Executive Officers
All SLBC Convenor Banks/ Lead Banks
Madam/Dear Sir,
Revamp of Lead Bank Scheme - Action Points for SLBC Convenor Banks/ Lead Banks
As you are aware, the Lead Bank Scheme (LBS) was last reviewed by the “High Level Committee” under Smt Usha Thorat, then Deputy Governor of Reserve Bank of India as the Chairperson in 2009. In view of changes tha...
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RBI |
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Cash Management activities of the banks Standards for engaging the Service Provider and its sub-contractor
Posted Date : 07-Apr-2018 , 10:09:00 am | Posted By: Manya
RBI/2017-18/152
DCM (Plg) No.3563/10.25.07/2017-18
April 06, 2018
The Chairman / Managing Director / Chief Executive Officer,
Public Sector Banks / Private Sector Banks / Foreign Banks /
Regional Rural Banks / Primary (Urban) Co-operative Banks /
State Co-operative Banks / District Central Co-operative Banks.
Madam / Dear Sir,
Cash Management activities of the banks
Standards for engaging the Service Provider and its sub-contractor
It was announced vide para 11 of the Stateme...
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RBI |
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Prohibition on dealing in Virtual Currencies (VCs)
Posted Date : 07-Apr-2018 , 10:03:26 am | Posted By: Manya
RBI/2017-18/154
DBR.No.BP.BC.104 /08.13.102/2017-18
April 6, 2018
All Commercial and Co-operative Banks /Payments Banks/Small Finance Banks /
NBFCs / Payment System Providers
Madam / Dear Sir,
Prohibition on dealing in Virtual Currencies (VCs)
Reserve Bank has repeatedly through its public notices on December 24, 2013, February 01, 2017 and December 05, 2017, cautioned users, holders and traders of virtual currencies, including Bitcoins, regarding various risks associated in dea...
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RBI |
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Comprehensive Guidelines on Derivatives: Modifications
Posted Date : 07-Apr-2018 , 10:02:13 am | Posted By: Manya
RBI/2017-18/151
DBR.No.BP.BC.103/21.04.157/2017-18
April 6, 2018
The Chairman and Managing Directors/ Chief Executive Officers of
All Scheduled Commercial Banks (excluding RRBs and LABs),
All India Term-Lending & Refinancing Institutions &
Primary Dealers
Dear Sir,
Comprehensive Guidelines on Derivatives: Modifications
Please refer to para 8.3 of the circular DBOD No.BP.BC.44/21.04.157/2011-12 dated November 2, 2011, in terms of which ‘user suitability and approp...
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RBI |
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Investment by Foreign Portfolio Investors (FPI) in Government Securities -
Posted Date : 07-Apr-2018 , 10:00:42 am | Posted By: Manya
RBI/2017-18/150
A.P.(DIR Series) Circular No. 22
April 06, 2018
To
All Authorized Persons
Madam / Sir
Investment by Foreign Portfolio Investors (FPI) in Government Securities -
Medium Term Framework – Review
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA.20/2000-RB dated May ...
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RBI |
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RBI defers implementation of Ind AS for banks by one year
Posted Date : 06-Apr-2018 , 09:49:33 am | Posted By: CASANSAAR
This Statement sets out various developmental and regulatory policy measures for strengthening regulation and supervision; broadening and deepening financial markets; improving currency management; promoting financial inclusion and literacy; and, facilitating data management.
I. Regulation and Supervision
1. Mandatory Loan Component in Working Capital Finance
With a view to promoting greater credit discipline among working capital borrowers, it is proposed to stipulate a minimum level o...
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