| Notifications/Circulars |
Category : RBI |
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Submission of Financial Information to Information Utilities
Posted Date : 05-Jan-2018 , 10:09:47 am | Posted By: Manya
RBI/2017-18/115
DNBR.PD(ARC)CC.No.05/26.03.001/2017-18
January 04, 2018
The Chairman/ Managing Director/ Chief Executive Officer
All registered Asset Reconstruction Companies
Dear Sir/Madam,
Submission of Financial Information to Information Utilities
Please refer to circular DBR.No.Leg.BC.98/09.08.019/2017-18 dated December 19,
2017 on the captioned subject. Instructions contained therein are applicable to all
registered Asset Reconstruction Companies (ARCs) a...
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RBI |
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Refinancing of External Commercial Borrowings
Posted Date : 05-Jan-2018 , 10:08:07 am | Posted By: Manya
Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to paragraph 2 of the Statement on Developmental and Regulatory Policies issued along with the Fifth Bi-monthly Monetary Policy Statement for 2017-18. In terms of the extant provisions in paragraphs 2.15 and 2.16 (xiii) of Master Direction No.5 dated January 1, 2016 on “External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons other than Authorised ...
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RBI |
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XBRL Returns – Harmonization of Banking Statistics
Posted Date : 05-Jan-2018 , 10:06:20 am | Posted By: Manya
The Reserve Bank of India had constituted an inter-departmental Task-force in December 2014, to provide “harmonised” definitions of major balance sheet/ profit and loss/ off-balance sheet items covered in the banking/ regulatory returns received across RBI departments. A set of harmonised definitions for 106 data elements reported in multiple returns was released vide press release dated March 30, 2017. The Reserve Bank has now harmonized the definitions for another set of 83 data el...
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RBI |
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Master Direction – Foreign Investment in India
Posted Date : 05-Jan-2018 , 10:04:18 am | Posted By: Manya
Foreign Investment in India is regulated in terms of clause (b) sub-section 3 of
section 6 and section 47 of the Foreign Exchange Management Act, 1999 (FEMA)
read with Foreign Exchange Management (Transfer or Issue of a Security by a
Person resident Outside India) Regulations, 2017 issued vide Notification No. FEMA
20(R)/2017-RB dated November 7, 2017. These Regulations are amended from
time to time to incorporate the changes in the regulatory framework and published
through amendment noti...
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RBI |
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7.75% Savings (Taxable) Bonds, 2018
Posted Date : 04-Jan-2018 , 11:47:10 am | Posted By: Manya
It has been decided by the Government of India to issue 7.75% Savings (Taxable) Bonds, 2018 with effect from January 10, 2018 in terms of GoI notification F.No.4(28) - W&M/2017 dated January 03, 2018. A copy of the Government Notification is enclosed. The salient features of the Bond are detailed below. A copy of the Circular, Government Notification and Press Release with regard to this Scheme also have been placed on our website (www.rbi.org.in).
...
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RBI |
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Cessation of 8 percent GoI Savings (Taxable) Bonds 2003
Posted Date : 02-Jan-2018 , 05:59:25 pm | Posted By: Manya
Government of India
Ministry of Finance
Department of Economic Affairs
Budget Division, (W&M Section)
New Delhi, January 01, 2018
Notification
Cessation of 8 percent GoI Savings (Taxable) Bonds 2003
No.F.4(10)-W&M/2003 : The Government of India, hereby notifies that the 8 percent GoI Savings(Taxable) Bonds, 2003 as per Notification F.4(10)-W&M/2003, dated March 21, 2003 shall cease for subscription with effect from the close of business on Tuesday, the 2n...
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RBI |
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Prompt implementation of Governments’ instructions by agency banks
Posted Date : 22-Dec-2017 , 08:55:47 am | Posted By: CASANSAAR
RBI/2017-18/111
DGBA.GBD/1616/15.02.005/2017-18
December 21, 2017
All Agency Banks
Dear Sir / Madam,
Prompt implementation of Governments’ instructions by agency banks
It is brought to our notice that some agency banks are not adhering to instructions/ notifications issued by Government (Central as well as States) promptly by stating that further communications have not been received by them from RBI.
2. In this connection, all agency banks are advised to scrupulously fo...
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RBI |
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Submission of Financial Information to Information Utilities - RBI
Posted Date : 19-Dec-2017 , 02:35:30 pm | Posted By: Manya
RBI/2017-18/110
DBR.No.Leg.BC.98/09.08.019/2017-18
December 19, 2017
All Scheduled Commercial Banks (Including RRBs),
Small Finance Banks, Local Area Banks,
All Co-operative Banks,
All NBFCs and All India Financial Institutions
Dear Sir/Madam
Submission of Financial Information to Information Utilities
According to Section 215 of Insolvency and Bankruptcy Code (IBC), 2016, a financial creditor shall submit financial information and information relating to assets in relation to...
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RBI |
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Customer Protection - Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions
Posted Date : 14-Dec-2017 , 05:51:27 pm | Posted By: Manya
RBI/2017-18/109
DCBR.BPD.(PCB/RCB).Cir.No.06/12.05.001/2017-18
December 14, 2017
The Chief Executive Officer
All Primary (Urban) Co-operative Banks/
All State Co-operative Banks/
All District Central Co-operative Banks
Madam / Dear Sir,
Customer Protection - Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions
Please refer to our circular UBD.BSD.I/PCB/No.45/12.05.00/2001-02 dated May 30, 2002 and para 13 of circular RPCD.CO.RCB...
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RBI |
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Settlement of Agency transactions in certain cases (for Funds and Agency Commission) directly from Reserve Bank of India
Posted Date : 07-Dec-2017 , 06:36:52 am | Posted By: Manya
RBI/2017-18/107
DGBA.GBD.No-1498/31.02.007/2017-18
December 7, 2017
The Chairman/ Managing Director/ Chief Executive Officer/
Agency Banks
Dear Sir/ Madam
As per the existing arrangements in certain states, in certain cases, some agency banks are routing their agency transactions of state governments through another agency bank, that acts as an aggregator, that in turn settles these agency transactions with concerned Regional Office of RBI for both receipts and paym...
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RBI |
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Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions
Posted Date : 07-Dec-2017 , 12:30:41 am | Posted By: Manya
RBI/2017-18/105
DPSS.CO.PD No. 1633/02.14.003/2017-18
December 06, 2017
The Chairman and Managing Director / Chief Executive Officers
All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks /
State Co-operative Banks / District Central Co-operative Banks /
Payment Banks and Small Finance Banks /All Card Network Providers
...
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RBI |
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Reporting of Transactions by agency banks to RBI
Posted Date : 01-Dec-2017 , 09:44:09 am | Posted By: CASANSAAR
RBI/2017-18/103
DGBA.GBD.1472/31.02.007/2017-18
November 30, 2017
All Agency Banks
Dear Sir
Reporting of Transactions by agency banks to RBI
It has been brought to our notice that some agency banks are reporting government transactions after considerable delay and along with the current transactions to RBI, without taking necessary authorisation from the concerned government departments.
2....
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RBI |
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Conversion of debt into equity- Review
Posted Date : 24-Nov-2017 , 08:26:05 am | Posted By: CASANSAAR
RBI/2017-18/101
DNBR.PD(ARC)CC. No.04/26.03.001/2017-18
November 23, 2017
The Chairman/ Managing Director/ Chief Executive Officer
All registered Asset Reconstruction Companies
Dear Sir/Madam,
Conversion of debt into equity- Review
Please refer to ourCircular DNBS(PD)CC.No. 35/SCRC/26.03.001/2013-14 dated January 23, 2014on the above subject.
2. On a review of the limit imposed on shareholding of the post converted equity of the borrower company under reconstruction by Asse...
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RBI |
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Special Deposit Scheme (SDS)-1975 Payment of interest for calendar year 2017
Posted Date : 24-Nov-2017 , 08:25:17 am | Posted By: CASANSAAR
RBI/2017-18/100
DGBA.GBD.No.1387/15.01.001/2017-18
November 23, 2017
The Chairman/Managing Director/Chief Executive Officer/
Agency Banks Handling the Special Deposit Scheme 1975
Dear Sir
Special Deposit Scheme (SDS)-1975
Payment of interest for calendar year 2017
We want to inform that gazette notifications related to interest rates for SDS 1975 are available in Government of India website viz.egazette.nic.inwhich can be perused for guidance. You may please ensure that interes...
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RBI |
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Auction for Sale (Re-issue) of Government Stock (GS)
Posted Date : 22-Nov-2017 , 05:58:58 pm | Posted By: Manya
Subject to the limit of ` 15000 Cr, being total notified amount, GoI will have the option to retain additional
subscription up to ` 1000 Cr against any of the above security. The sale will be subject to the terms and
conditions spelt out in this notification (called ‘Specific Notification’). The Stock will be sold through Reserve Bank
of India, Mumbai Office, Fort, Mumbai- 400 001 as per the terms and conditions specified in the General
Notification F.No.4(13)–W&M/2008,...
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RBI |
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Auction of Government of India Dated Securities
Posted Date : 22-Nov-2017 , 05:50:55 pm | Posted By: Manya
RBI/2017-18/98
Ref.No.IDMD/1243/08.02.032/2017-18
November 20, 2017
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers....
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RBI |
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Over-the-Counter Government Securities Transaction by Foreign Portfolio Investors (FPIs)
Posted Date : 17-Nov-2017 , 08:08:17 am | Posted By: CASANSAAR
RBI/2017-18/97
FMRD.DIRD.05/14.03.007/2017-18
November 16, 2017
All market participants
Dear Sir/Madam,
Over-the-Counter Government Securities Transaction by Foreign Portfolio Investors (FPIs) – Settlement Period
In terms of RBIcircular FMRD.DIRD.06/14.03.007/2014-15 dated March 20, 2015, Foreign Portfolio Investors (FPIs) are required to settle transactions in Government Securities in the Over-the-Counter-(OTC) market on a T+2 basis.
2. As announced in paragraph 13 of t...
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RBI |
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Secondary market transactions in Government Securities – Notional Short Sale
Posted Date : 17-Nov-2017 , 08:07:27 am | Posted By: CASANSAAR
RBI/2017-18/96
FMRD.DIRD.04/14.03.007/2017-18
November 16, 2017
All market participants
Dear Sir/Madam,
Secondary market transactions in Government Securities – Notional Short Sale
In terms of RBIcirculars IDMD.PCD.21/14.03.07/2011-12 dated June 21, 2012, andIDMD.PCD.14/14.03.07/2011-12 dated December 28, 2011market participants undertaking ‘notional’ short sale are not permitted to use securities from their HTM/AFS/HFT portfolio for delivery against the short s...
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RBI |
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Agency Commission for GST receipt transactions
Posted Date : 17-Nov-2017 , 08:06:30 am | Posted By: CASANSAAR
RBI/2017-18/95
DGBA.GBD.No.1324/31.02.007/2017-18
November 16, 2017
All Agency Banks
Dear Sir / Madam
Agency Commission for GST receipt transactions
Please refer toPara 15of our Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission dated July 01, 2017 related to claiming of agency commission.
2. After implementation of GST framework, it was decided to modify paragraph 15 of the captioned Master Circular. The modified paragraph 15 will...
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RBI |
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Auction for Sale (Re-issue) of Government Stock (GS)
Posted Date : 14-Nov-2017 , 10:47:24 am | Posted By: Md Irsad Alam
Government of India hereby notifies sale (re-issue) of the following Government Stocks:
Name of the Security
Date of Original Issue
Tenure(yy-mm-dd)
Date of Maturity
Base
Method
Notified Amount(in ₹ Crore)
GoI FRB 2024
Nov 07, 2016
08-00-00
Nov 07, 2024
Price
Multiple
3000
6.79% GS 2027
May 15, 2017
10-00-00
May 15, 2027
Price
Multiple
8000
7.73% GS 2034
Oct. 12, 2015
19-02-07
Dec. 19, 2034
Price
Multiple
2000
7.72% GS 2055
Oct 26,2015
40-00...
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RBI |
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Auction of Government of India Dated Securities
Posted Date : 14-Nov-2017 , 10:45:53 am | Posted By: Md Irsad Alam
Government of India (GoI) has offered to sell (re-issue) four dated securities for notified amount of₹ 15,000 croreas per the following details:
Sr No
Security
Notified Amount(in ₹ crore)
GoI Notification
Auction Date
Settlement date
1
GoI FRB 2024
3,000
F.No.4(7)-W&M/2017 datedNovember 13, 2017
November 17, 2017(Friday)
November 20, 2017(Monday)
2
6.79% GS 2027
8,000
3
7.73% GS 2034
2,000
4
7.72% GS 2055
2,000
Total
15,000
...
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RBI |
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Banking Facility for Senior Citizens and Differently abled Persons
Posted Date : 10-Nov-2017 , 08:16:35 am | Posted By: CASANSAAR
RBI/2017-18/89
DBR.No.Leg.BC.96/09.07.005/2017-18
November 9, 2017
All Scheduled Commercial Banks (including RRBs)
All Small Finance Banks and Payments Banks
Dear Sir/ Madam
Statement on Developmental and Regulatory Policies - October 4, 2017-Banking Facility for Senior Citizens and Differently abled Persons
Please refer toParagraph 8of Statement on Developmental and Regulatory Policies, released by Reserve Bank of India on October 4, 2017 as part of Fourth Bi-monthly Monetary P...
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RBI |
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Directions on Managing Risks and Code of Conduct in Outsourcing of Financial Services by NBFCs
Posted Date : 10-Nov-2017 , 08:14:38 am | Posted By: CASANSAAR
RBI/2017-18/87
DNBR.PD.CC.No.090/03.10.001/2017-18
November 09, 2017
To
All Non-Banking Financial Companies (NBFCs),
Madam/ Sir,
Directions on Managing Risks and Code of Conduct in Outsourcing of Financial Services by NBFCs
In exercise of the powers conferred under Section 45 L of the Reserve Bank of India Act, 1934, the Reserve Bank of India after being satisfied that it is necessary and expedient in the public interest so to do and with a view to put in place necessary safeg...
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RBI |
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Introduction of Legal Entity Identifier for large corporate borrowers
Posted Date : 03-Nov-2017 , 07:35:02 am | Posted By: CASANSAAR
RBI/2017-18/82
DBR.No.BP.BC.92/21.04.048/2017-18
November 02, 2017
All Scheduled Commercial Banks (Excluding Regional Rural Banks),
All India Financial Institutions (Exim Bank, SIDBI, NHB, NABARD),
Local Area Banks, Small Finance Banks
Madam/Dear Sir,
Introduction of Legal Entity Identifier for large corporate borrowers
The Legal Entity Identifier (LEI) code is conceived as a key measure to improve the quality and accuracy of financial data systems for better risk management po...
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RBI |
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Auction for Sale (Re-issue) of Government Stock (GS)
Posted Date : 31-Oct-2017 , 10:42:29 am | Posted By: Md Irsad Alam
Government of India hereby notifies sale (re-issue) of the following Government Stocks:
Name of the Security
Date of Original Issue
Tenure(yy-mm-dd)
Date of Maturity
Base
Method
Notified Amount(in ₹ Crore)
GoI FRB 2024
Nov 07, 2016
08-00-00
Nov 07, 2024
Price
Multiple
3000
6.79% GS 2027
May 15, 2017
10-00-00
May 15, 2027
Price
Multiple
8000
7.73% GS 2034
Oct. 12, 2015
19-02-07
Dec. 19, 2034
Price
Multiple
2000
6.62% GS 2051
Nov. 28, 2016
35-...
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Category :
RBI |
Comments :
0 | Hits : 839
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Auction of Government of India Dated Securities
Posted Date : 31-Oct-2017 , 10:41:01 am | Posted By: Md Irsad Alam
Government of India (GoI) has offered to sell (re-issue) four dated securities for notified amount of₹ 15,000 croreas per the following details:
Sr No
Security
Notified Amount(in ₹ crore)
GoI Notification
Auction Date
Settlement date
1
GoI FRB 2024
3,000
F.No.4(7)-W&M/2017 datedOctober 30, 2017
November 3, 2017(Friday)
November 6, 2017(Monday)
2
6.79% GS 2027
8,000
3
7.73% GS 2034
2,000
4
6.62% GS 2051
2,000
Total
15,000
Sub...
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Category :
RBI |
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0 | Hits : 986
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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 : 13-Oct-2017 , 07:53:02 am | Posted By: CASANSAAR
RBI/2017-18/76
DCM (CC) No.G-3/03.44.01/2017-18
October 12, 2017
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-3/03.44.01/2016-17 dated July 20, 2016on the scheme of penalties.
2. A revised and updated version on the subject isannexedfor information and necessary action.
3....
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RBI |
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Risk Management and Inter-Bank Dealings – Facilities for Hedging Trade Exposures invoiced in Indian Rupees
Posted Date : 13-Oct-2017 , 07:52:20 am | Posted By: CASANSAAR
RBI/2017-18/75
A.P. (DIR Series) Circular No. 08
October 12, 2017
To
All Authorized Dealer Category - I Banks
Madam / Sir,
Risk Management and Inter-Bank Dealings – Facilities for Hedging Trade Exposures invoiced in Indian Rupees
Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No. FEMA. 25/RB-2000 dated M...
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RBI |
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Interest rates for Small Savings Schemes - RBI
Posted Date : 13-Oct-2017 , 07:51:21 am | Posted By: CASANSAAR
RBI/2017-18/74
DGBA.GBD.954/15.02.005/2017-18
October 12, 2017
The Chairman/Chief Executive Officer
Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014,
Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004
Dear Sir
Interest rates for Small Savings Schemes
Please refer to ourcircular DGBA.GBD.69/15.02.005/2017-18 dated July 13, 2017on the above subject. The Gov...
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Category :
RBI |
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0 | Hits : 1134
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Sovereign Gold Bonds Scheme, Operational Guidelines - RBI
Posted Date : 09-Oct-2017 , 08:05:44 am | Posted By: CASANSAAR
RBI/2017-18/72
IDMD.CDD.No.927/14.04.050/2017-18
October 06, 2017
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 Bonds Scheme, Operational Guidelines
This has reference to theGoI notification F.No.4(25)-B/(W&M)/2017andRBI circular IDMD.CDD.No.929/14.04.050/2017-18...
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