| Notifications/Circulars |
Category : 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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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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RBI |
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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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RBI |
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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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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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RBI |
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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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Sovereign Gold Bond Scheme - RBI
Posted Date : 09-Oct-2017 , 08:04:38 am | Posted By: CASANSAAR
RBI/2017-18/71
IDMD.CDD.No.929/14.04.050/2017-18
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 Bond Scheme
Government of India has vide its Notification F.No. 4(25)-B/(W&M)/2017 dated October 06, 2017announced that the Sovereign Gold Bond Scheme...
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Maintenance of SLR and holdings of SLR in HTM category
Posted Date : 05-Oct-2017 , 07:44:00 am | Posted By: CASANSAAR
RBI/2017-18/70
DBR.No.Ret.BC.90/12.02.001/2017-18
October 4, 2017
All Commercial Banks,
Primary (Urban) Co-operative Banks (UCBs)
State and Central Co-operative Banks (StCBs/CCBs)
Madam/Dear Sir,
Section 24 and Section 56 of the Banking Regulation Act, 1949 –
Maintenance of SLR and holdings of SLR in HTM category
Please refer to ourcirculars DBR.No.BP.BC.65/21.04.141/2015-16 dated December 10, 2015andDBR.No.Ret.BC.71/12.01.001/2016-17 dated June 7, 2017on the captioned s...
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RBI |
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Amendments to Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016
Posted Date : 26-Sep-2017 , 08:27:04 am | Posted By: CASANSAAR
RBI/2017-18/66
DBR.No.FSD.BC.89/24.01.040/2017-18
September 25, 2017
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/ Madam,
Amendments to Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016
Considering the suggestions and queries received from SEBI, banks and other stakeholders, Reserve Bank of India has decided to make certain amendments toMaster Direction - Reserve Bank of India (Financial Services provided by Banks) Direct...
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RBI |
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Investment by Foreign Portfolio Investors in Corporate Debt Securities
Posted Date : 23-Sep-2017 , 09:37:24 am | Posted By: CASANSAAR
RBI/2017-18/64
A.P. (DIR Series) Circular No. 05
September 22, 2017
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Investment by Foreign Portfolio Investors in Corporate Debt Securities – 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, 20...
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RBI |
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Lending to non-corporate farmers – System wide average of last three years
Posted Date : 21-Sep-2017 , 09:14:40 pm | Posted By: CASANSAAR
RBI/2017-18/61
FIDD.CO.Plan.BC 16/04.09.01/2017-18
September 21, 2017
The Chairman/ Managing Director
Chief Executive Officer
[All Domestic Scheduled Commercial Banks
(excluding Regional Rural Banks &
Small Finance Banks)]
Dear Sir/ Madam,
Priority Sector Lending - Targets and Classification: Lending to non-corporate farmers – System wide average of last three years
...
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RBI |
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Trade Repository for OTC Foreign Exchange and Interest Rate Derivatives
Posted Date : 21-Sep-2017 , 09:13:20 pm | Posted By: CASANSAAR
RBI/2017-18/63
FMRD.FMID No.3/02.05.002/2017-18
September 21, 2017
To,
All Authorised Dealer – Category I Banks
Madam/Sir,
Trade Repository for OTC Foreign Exchange and Interest Rate Derivatives
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited tocircular no.FMD.MSRG.No.75/02.05.002/2012-13 dated March 13, 2013on the captioned subject wherein a threshold of USD 1 million, and equivalent thereof in other currencies, was stipulated for repo...
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RBI |
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Reimbursement of Merchant Discount Rate (MDR) Charges for Government transactions up to Rs.1 lakh through debit cards
Posted Date : 08-Sep-2017 , 07:07:54 am | Posted By: CASANSAAR
RBI/2017-18/55
DGBA.GBD.No.505/31.02.007/2017-18
September 7, 2017
All Agency Banks
Dear Sir / Madam
Reimbursement of Merchant Discount Rate (MDR) Charges for Government transactions up to Rs.1 lakh through debit cards
Please refer toCircular No. DGBA.GAD.No.2128/44.02.001/2016-17 dated February 16, 2017, read with the OM No. S-11012(1(12)/MDR/2017/RBD/824-894 dated May 11, 2017 issued by O/o the CG...
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RBI |
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Interest Subvention Scheme for Short Term Crop Loans during the year 2017-18
Posted Date : 17-Aug-2017 , 08:26:22 am | Posted By: CASANSAAR
RBI/2017-18/48
FIDD.CO.FSD.BC.No.14/05.02.001/2017-18
August 16, 2017
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 year 2017-18
Please refer to our circularFIDD CO.FSD.BC.No.29/05.02.001/2016-17 dated May 25, 2017conveying continuation of Interest Subvention Scheme on the interim basis. In this regard, it is advised that Government of India ha...
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RBI |
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Core Banking Solution (CBS) Requirements for Urban Co-operative Banks (UCBs)
Posted Date : 17-Aug-2017 , 08:25:28 am | Posted By: CASANSAAR
RBI/2017-18/47
DCBR.BPD.PCB.Cir.No.03/09.18.300/2017-18
August 16, 2017
Chief Executive Officers
All Primary (Urban) Co-operative Banks
Madam / Dear Sir,
Core Banking Solution (CBS) Requirements for Urban Co-operative Banks (UCBs)
Please refer to ourcircular DCBR.CO.PCB.Cir.No.14/09.18.300/2015-16 dated April 13, 2016announcing the Scheme for providing financial assistance to urban co-operative banks for implementation of Core Banking Solution (CBS).
2. As stated therein, a d...
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RBI |
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Reserve Bank Commercial Paper Directions, 2017
Posted Date : 11-Aug-2017 , 12:00:13 pm | Posted By: CASANSAAR
RBI/2017-18/43
FMRD.DIRD.2/14.01.002/2017-18
August 10, 2017
To
All market participants
Dear Sir/Madam
Reserve Bank Commercial Paper Directions, 2017
Reserve Bank had issued draft directions on Commercial Paper for public comments on February 02, 2017. Taking into account the comments received, The Reserve Bank Commercial Paper Directions, 2017 have been finalised andenclosedherewith.
Yours faithfully
(T. Rabi Sankar)
Chief General Manager...
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RBI |
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Tri-Party Repo (Reserve Bank) Directions, 2017
Posted Date : 11-Aug-2017 , 11:58:28 am | Posted By: CASANSAAR
RBI/2017-18/42
FMRD.DIRD.4/14.03.024/2017-18
August 10, 2017
To
All market participants
Dear Sir/Madam
Tri-Party Repo (Reserve Bank) Directions, 2017
Please refer to Paragraph 6 of thestatement on Developmental and Regulatory Policies, Reserve Bank of India issued as part of thethird Bi-monthly Monetary Policy Statement for 2017-18 dated August 2, 2017regarding introduction of tri-party repos.
2. The draft tri-party directions were released for public comments on April 11, ...
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RBI |
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Risk Management and Interbank Dealings- Reports to the Reserve Bank
Posted Date : 11-Aug-2017 , 11:57:11 am | Posted By: CASANSAAR
RBI/2017-18/41
A .P. (DIR Series) Circular No. 3
August 10, 2017
To
All Authorised Dealer Category - I Banks
Madam / Sir,
Risk Management and Interbank Dealings- Reports to the Reserve Bank
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 May 3, 2000) andMaster Directions on Risk Manag...
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RBI |
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Government Banking - Issue of Letters of Credit and Bank Guarantee
Posted Date : 04-Aug-2017 , 08:27:50 am | Posted By: CASANSAAR
RBI/2017-18/39
DGBA.GBD.No.279/31.02.007/2017-18
August 3, 2017
All Agency Banks
Dear Sir / Madam
Government Banking - Issue of Letters of Credit and Bank Guarantee
Please refer to Circular No. DGBA.GAD.No.H.6254/31.03.002/2011-12 dated March 28, 2012 regarding procedure relating to Letter of Credit (LC) enclosing a copy of letter dated November 30, 2011 issued by the Office of Controller General of Account.
2. A review has been undertaken on the entire gamut of LC/BG transact...
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RBI |
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Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standard
Posted Date : 03-Aug-2017 , 06:44:58 am | Posted By: CASANSAAR
RBI/2017-18/36
DBR.BP.BC.No. 81/21.04.098/2017-18
August 02, 2017
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/Madam,
Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standard
Please refer to our circularDBOD.BP.BC.No.120/21.04.098/2013-14 dated June 9, 2014“Basel III Framework on Liquidity ...
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RBI |
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Issue of comprehensive Credit Information Reports- RBI
Posted Date : 03-Aug-2017 , 06:43:45 am | Posted By: CASANSAAR
RBI/2017-18/35
DBR.CID.BC.No.79/20.16.042/2017-18
August 2, 2017
All Credit Information Companies
Dear Sir/Madam
Issue of comprehensive Credit Information Reports
Please refer to para (v) of Annex IV to ourcircular DBOD.No.CID.BC.127/20.16.056/2013-14 dated June 27, 2014advising Credit Information Companies (CICs) to include information on all accounts, both current and past, of a customer having mu...
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RBI |
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Change in Bank Rate - RBI
Posted Date : 03-Aug-2017 , 06:42:56 am | Posted By: CASANSAAR
RBI/2017-18/34
DBR.No.Ret.BC.82/12.01.001/2017-18
August 02, 2017
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.58/12.01.001/2016-17 dated April 06, 2017on the captioned subject.
2. As announced in theThird Bi-Monthly Monetary Policy Statement 2017-18 dated August 02, 2017, the Bank Rate stands adjusted by 25 basis points from 6.50 per cent to 6.25 per cent with effect from August...
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RBI |
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Standing Liquidity Facility for Primary Dealers - RBI
Posted Date : 03-Aug-2017 , 06:42:12 am | Posted By: CASANSAAR
RBI/2017-2018/33
REF.No.MPD.BC.382/07.01.279/2017-18
Shravana 11,1939 (Saka)
August 2, 2017
To
All Primary Dealers
Dear Sir/Madam,
Standing Liquidity Facility for
Primary Dealers
Please refer to theThird Bi-monthly Monetary Policy Statement, 2017-18 - Resolution of the Monetary Policy Committee (MPC), in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points from 6.25 per cent to 6.0 per cent with immediate effect.
2...
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RBI |
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Liquidity Adjustment Facility – Repo and Reverse Repo Rates
Posted Date : 03-Aug-2017 , 06:41:28 am | Posted By: CASANSAAR
RBI/2017-2018/32
FMOD.MAOG. No 121/01.01.001/2017-18
August 2, 2017
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 theThird Bi-monthly Monetary Policy Statement, 2017-18, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis po...
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