| Notifications/Circulars |
Category : RBI |
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RBI Circular - Exposure Norms limit for the Standalone Primary Dealers (SPDs)
Posted Date : 06-Aug-2015 , 05:49:37 pm | Posted By: Aarti Sharma
RBI/2015-16/149
DNBR.CO.PD.No.068/03.10.01/2015-16
August 6, 2015
To
All Standalone Primary Dealers
Madam/ Sir,
Exposure Norms limit for the Standalone Primary Dealers (SPDs)
Please refer to thecircular IDMD.PCD.12/14.03.05/2013-14 dated March 27, 2014on the captioned subject.
2. To facilitate greater level of participation in corporate bonds by SPDs, it has been decided to increase exposure ceiling limits in respect of single borrower / counterparty from 25 per cent to 50 ...
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RBI Circular - Section 23 of the Banking Regulation Act, 1949 - Relaxations in Branch Authorisation Policy
Posted Date : 06-Aug-2015 , 05:48:01 pm | Posted By: Aarti Sharma
RBI/2015-16/148
DBR.No.BAPD.BC.34/22.01.001/2015-16
August 6, 2015
All Domestic Scheduled Commercial Banks
(excluding RRBs)
Madam / Dear Sir
Section 23 of the Banking Regulation Act, 1949 -
Relaxations in Branch Authorisation Policy
Please refer tocirculars DBOD.No.BAPD.BC.54and60/22.01.001/2013-14dated September 19, 2013 and October 21, 2013 respectively on the above subject, permitti...
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RBI Circular - Interest Rates on Deposits – Deposits of Army Group Insurance Directorate (AGID)
Posted Date : 06-Aug-2015 , 05:46:22 pm | Posted By: Aarti Sharma
RBI/2015-16/147
DBR.Dir.BC.No.33/13.03.00/2015-16
August 06, 2015
All Scheduled Commercial Banks
(Excluding RRBs)
Dear Sir/Madam
Interest Rates on Deposits – Deposits of Army Group Insurance Directorate (AGID), Naval Group Insurance Fund (NGIF) and Air Force Group Insurance Society (AFGIS)
Please refer to our circulars DBOD.No.Dir.BC.121/C.347 (26)-86 dated October 29, 1986, DBOD. No. Dir. BC.26/C.347(26)-87 dated September 1, 1987 and DBOD. No. Dir. BC. 28/C.347(26)-87 da...
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RBI Circular - Exim Bank's GoI supported Line of Credit of USD 18.08 million to the Government of Republic of Chad
Posted Date : 06-Aug-2015 , 05:45:20 pm | Posted By: Aarti Sharma
RBI//2015-16/146
A.P. (DIR Series) Circular No.7
August 06, 2015
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Exim Bank's GoI supported Line of Credit of USD 18.08 million
to the Government of Republic of Chad
Export-Import Bank of India (Exim Bank) has entered into an agreement on August 6, 2014 with the Government of Republic of Chad, for making available to the latter, a line of credit (LOC) of USD 18.08 million (USD Eighteen Million and Eighty Thousand) fo...
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 04-Aug-2015 , 06:06:09 pm | Posted By: Aarti Sharma
RBI/2015-16/145
Ref.No.IDMD/246/08.02.032/2015-16
August 03, 2015
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) four dated securities for notified amount ofRs 14,000crore as per the following details:
Sr No
Security
Notified A...
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RBI Circular- Review of Guidelines on Restructuring of Advances by NBFCs
Posted Date : 30-Jul-2015 , 06:23:21 pm | Posted By: Aarti Sharma
RBI/2015-16/144
DNBR.CO.PD.No. 067/03.10.01/2015-16
July 30, 2015
All NBFCs excluding Primary Dealers
Dear Sirs,
Review of Guidelines on Restructuring of Advances by NBFCs
Please refer to the circularsDNBS.CO.PD.No.367/03.10.01/2013-14, dated January 23, 2014andDNBR.CO.PD.No.011/03.10.01/2014-15 dated January 16, 2015, on the captioned subject.
2. In terms of the extant instructions contained in the above mentioned circulars, revisions of the date of DCCO and consequential shi...
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RBI Circular - Anti-Money Laundering (AML)/ Combating of Financing of Terrorism (CFT) - Standards
Posted Date : 30-Jul-2015 , 06:22:15 pm | Posted By: Aarti Sharma
RBI/2015-16/143
DBR.AML.No.1637/14.01.001/2015-16
July 30, 2015
The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ all NBFCs/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (StCBs / CCBs) /All Payment System Providers/ System Participants and Prepaid Payment Instrument Issuers/ All authorised persons including those who are agents of Money Transfer Service Scheme
Dear Sir/ Mad...
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RBI Circular - Master Circular - National Rural Livelihoods Mission (NRLM)
Posted Date : 30-Jul-2015 , 06:21:07 pm | Posted By: Aarti Sharma
RBI/2015-16/142
FIDD.GSSD.CO.BC.No.09/09.01.01/2015-16
July 30, 2015
The Chairman/ Managing Director
All Scheduled Commercial Banks
Dear Sir/Madam,
Master Circular - National Rural Livelihoods Mission (NRLM)
Reserve Bank of India has periodically issued instructions/directives to banks with regard to operationalisation of the Government of India’s National Rural Livelihoods Mission (NRL...
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RBI Circular- Master Circular - National Urban Livelihoods Mission (NULM)
Posted Date : 30-Jul-2015 , 06:18:16 pm | Posted By: Aarti Sharma
RBI/2015-16/141
FIDD.GSSD.CO.BC.No.10/09.16.03/2015-16
July 30, 2015
The Chairman/ Managing Director
All Scheduled Commercial Banks
Dear Sir/Madam,
Master Circular - National Urban Livelihoods Mission (NULM)
Reserve Bank of India has periodically issued instructions/directives to banks with regard to operationalisation of the Government of India’s National Urban Livelihoods Mission (NUL...
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RBI Circular - Provision of Factoring Services by Banks - Review
Posted Date : 30-Jul-2015 , 06:16:30 pm | Posted By: Aarti Sharma
RBI/2015-16/140
DBR.No.FSD.BC.32/24.01.007/2015-16
July 30, 2015
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/Madam
Provision of Factoring Services by Banks - Review
Please refer to circulars IECD.No.PMD.1/50/90-91 dated July 2, 1990, IECD. No. OPMD.BC.9/50-90/91 dated August 30, 1990, DBOD.No.BC 18/24.01.001/93-94 dated February 19, 1994, IECD.No.44/08.12.01/94-95 dated April 27, 1995 and DBOD.No.FSC.BC.49/24.01.001/97-98 dated June 2, 1998 on provision of factoring...
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RBI Circular - Extending Value Added Services through ATMs by Primary (Urban) Co-operative Banks (UCBs)
Posted Date : 30-Jul-2015 , 06:15:32 pm | Posted By: Aarti Sharma
RBI/2015-16/139
DCBR.CO.LS (PCB) Cir.No.2/07.01.000/2015-16
July 30, 2015
Chief Executive Officers of all
Primary (Urban) Co-operative Banks
Madam / Dear Sir
Extending Value Added Services through ATMs by Primary (Urban) Co-operative Banks (UCBs)
Please refer to para 2 of our circular ref: UBD.No.BPT.SUB.9/09.69.00/2000-01 dated June 11, 2001 indicating the functional facilities that were permitted to be offered at the off-site ATMs. The matter has been reviewed and it has been ...
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 28-Jul-2015 , 10:43:40 am | Posted By: Aarti Sharma
RBI/2015-16/138
Ref. No. IDMD/205/08.02.032/2015-16
July 27, 2015
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) four dated securities for notified amount ofRs 14,000crore as per the following details:
Sr No
Security
Notified Amoun...
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RBI Circular - Early Recognition of Financial Distress, Prompt Steps for Resolution and Fair Recovery for Lenders: Framework for Revitalising Distressed Assets in the Economy - Review of the Guidelines on Joint Lenders' Forum (JLF) and Corrective Action P
Posted Date : 23-Jul-2015 , 05:55:27 pm | Posted By: Aarti Sharma
RBI/2015-16/137
DNBR.CC.PD.No.066/03.10.01/2015-16
July 23, 2015
To
All Non-Banking Financial Companies (NBFCs)
Madam/ Sir,
Early Recognition of Financial Distress, Prompt Steps for Resolution and Fair Recovery for Lenders: Framework for Revitalising Distressed Assets in the Economy - Review of the Guidelines on Joint Lenders' Forum (JLF) and Corrective Action Plan (CAP)
The Framework for Revitalising Distressed Assets in the Economy was issued by the Reserve Bank on Janua...
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 21-Jul-2015 , 05:19:12 pm | Posted By: Aarti Sharma
RBI/2015-16/135
Ref. No. IDMD/123/08.02.032/2015-16
July 20, 2015
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) four dated securities for notified amount ofRs 14,000crore as per the following details:
Sr No
Security
Notified Amoun...
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RBI Circular - Concurrent Audit System in Commercial Banks - Revision of RBI's Guidelines
Posted Date : 16-Jul-2015 , 06:53:03 pm | Posted By: Aarti Sharma
RBI/2015-16/133
DBS.CO.ARS.No. BC. 2/08.91.021/2015-16
July 16, 2015
The Chairman & Managing Director/
Chief Executive Officers of
all Scheduled Commercial Banks
(other than Regional Rural Banks)
Dear Sir
Concurrent Audit System in Commercial Banks - Revision of RBI's Guidelines
As you are aware, guidelines on 'concurrent audit system in commercial banks' were is...
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RBI Circular - Priority Sector Lending – Targets and Classification
Posted Date : 16-Jul-2015 , 06:52:04 pm | Posted By: Aarti Sharma
RBI/2015-16/132
FIDD.CO.Plan.BC.08/04.09.01/2015-16
July 16, 2015
The Chairman/ Managing Director
Chief Executive Officer
[All Scheduled Commercial Banks
(excluding Regional Rural Banks)]
Dear Sir/ Madam,
Priority Sector Lending – Targets and Classification
Please refer to ourMaster Circular No. FIDD.CO.Plan.BC.04/04.09.01/2015-16 dated July 1, 2015on the above subject.
2. The target for direct lending by banks to agriculture under Priority Sector Norms has aimed to i...
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RBI Circular - Foreign Investment in India by Foreign Portfolio Investors
Posted Date : 16-Jul-2015 , 06:51:23 pm | Posted By: Aarti Sharma
RBI/2015-16/131
A.P.(DIR Series) Circular No.6
July 16, 2015
To,
All Authorised Persons
Madam/ Sir,
Foreign Investment in India by Foreign Portfolio Investors
Attention of Authorized 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 toA.P. (DIR Se...
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RBI Circular - Guidelines on issue of ATM-cum-debit cards
Posted Date : 16-Jul-2015 , 06:50:24 pm | Posted By: Aarti Sharma
RBI/2015-2016/130
DCBR.BPD. (PCB/RCB).Cir.No. 1/16.20.000/2015-16
July 16, 2015
The Chief Executive Officers of
All Primary (Urban) Co-operative Banks/
All State Co-operative Banks (StCBs)/
All District Central Co-operative Banks
Dear Sir/ Madam,
Guidelines on issue of ATM-cum-debit cards
Please refer to ourcircular UBD(PCB) Cir No.6/09.18.300/2007-08 dated July 13, 2007issued to UCBs on the captioned subject andcircular DCBR.CO. RCB.No.BC.29/19.51.008/2014-15 dated April 16, ...
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RBI Circular - Export factoring on non-recourse basis
Posted Date : 16-Jul-2015 , 06:49:31 pm | Posted By: Aarti Sharma
RBI/2015-16/129
A.P. (DIR Series) Circular No.5
July 16, 2015
To
All Authorised Dealers in Foreign Exchange
Madam/ Sir,
Export factoring on non-recourse basis
In order to facilitate exports, Authorised Dealer Category – I (AD Category –I) banks have been permitted to provide ‘export factoring’ services to exporters on ‘with recourse’ basis by entering into arrangements with overseas institutions for this purpose without prior approval from t...
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RBI Circular - Issue of shares under Employees Stock Options Scheme and/or sweat equity shares to persons resident outside India
Posted Date : 16-Jul-2015 , 06:48:37 pm | Posted By: Aarti Sharma
RBI/2015-16/128
A.P. (DIR Series) Circular No.4
July 16, 2015
To
All Category – I Authorised Dealer banks
Madam/Sir,
Issue of shares under Employees Stock Options Scheme and/or sweat equity shares to persons resident outside India
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Regulation 8 of the Foreign Exchange Management (Transfer or Issue of ...
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RBi Circular - Deposits placed with NABARD/SIDBI/NHB for meeting shortfall in Priority Sector Lending by Banks-Reporting in Balance Sheet
Posted Date : 16-Jul-2015 , 06:47:27 pm | Posted By: Aarti Sharma
RBI/2015-16/127
DBR.BP.BC.No.31/21.04.018/2015-16
July 16, 2015
All Commercial Banks
(Excluding Regional Rural Banks)
Dear Sir,
Deposits placed with NABARD/SIDBI/NHB for meeting shortfall in Priority Sector Lending by Banks-Reporting in Balance Sheet
Please refer to para 2.1 (v) of ourcircular DBR.No.BP.BC.6/21.04.141/2015-16 dated July 1, 2015- Master Circular: Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks in terms of which banks ...
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RBI Circular - Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Credit Card Accounts
Posted Date : 16-Jul-2015 , 06:46:15 pm | Posted By: Aarti Sharma
RBI/2015-16/126
DBR.No.BP.BC.30/21.04.048/2015-16
July 16, 2015
All Scheduled Commercial Banks/Non-Banking Financial Companies/Primary (Urban) Co-operative Banks
Dear Sir,
Prudential Norms on Income Recognition, Asset Classification and
Provisioning pertaining to Advances – Credit Card Accounts
Please refer tocircular DBOD.No.BP.BC.78/21.04.048/2013-14 dated December 20, 2013on the captioned subject.
2. In order to bring in greater credit discipline as also to provide o...
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RBI Circular - Alteration in the name of “The Ratnakar Bank Limited” to “RBL Bank Limited” in the Second Schedule to the RBI Act, 1934
Posted Date : 16-Jul-2015 , 06:45:24 pm | Posted By: Aarti Sharma
RBI/2015-16/125
DBR.No.Ret.BC 29 /12.06.47A/2015-16
July 16, 2015
All Scheduled Commercial Banks
Dear Sir,
Alteration in the name of “The Ratnakar Bank Limited” to “RBL Bank Limited”
in the Second Schedule to the RBI Act, 1934
We advise that the name of “The Ratnakar Bank Limited” has been changed to “RBL Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.PSBD.No.8931/16.01.072/2014-15...
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 15-Jul-2015 , 05:08:00 pm | Posted By: Aarti Sharma
RBI/2015-16/124
Ref. No.IDMD/58/08.02.032/2015-16
July 13, 2015
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) four dated securities for notified amount ofRs 15,000crore as per the following details:
Sr No
Security
Notified Amount
...
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RBi Circular - Prepaid Payment Instrument (PPI) guidelines – Introduction of New Category of PPI for Mass Transit Systems (PPI-MTS)
Posted Date : 09-Jul-2015 , 06:44:29 pm | Posted By: Aarti Sharma
RBI/2015-16/123
DPSS.CO.PD.No. 58/02.14.006/2015-16
July 09, 2015
All Prepaid Payment Instrument Issuers, System Providers, System Participants
and all other Prospective Prepaid Payment Instrument Issuers
Madam / Dear Sir
Prepaid Payment Instrument (PPI) guidelines – Introduction of New Category of PPI for Mass Transit Systems (PPI-MTS)
A reference is invited to the Master Circular on Policy Guidelines on Issuance and Operation of Pre-Paid Payment Instruments in India issu...
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RBI Circular - Requirement for obtaining prior approval of RBI in cases of acquisition/ transfer of control of Non-Banking Financial Companies (NBFCs)
Posted Date : 09-Jul-2015 , 06:43:31 pm | Posted By: Aarti Sharma
RBI/2015-16/122
DNBR (PD) CC.No. 065/03.10.001/2015-16
July 09, 2015
All Non-Banking Financial Companies (excluding Primary Dealers)
Dear Sirs,
Requirement for obtaining prior approval of RBI in cases of acquisition/ transfer of control of Non-Banking Financial Companies (NBFCs)
Please refer toDNBS (PD) CC.No.376/03.10.001/2013-14andNotification No. DNBS(PD) 275/GM(AM)-2014 dated May 26, 2014on the ‘Non-Banking Financial Companies (Approval of Acquisition or Transfer of Con...
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RBI Circular - Exim Bank's GoI supported Line of Credit of USD 15.13 million to the Government of Republic of Djibouti
Posted Date : 09-Jul-2015 , 06:42:20 pm | Posted By: Aarti Sharma
RBI/2015-16/121
A.P. (DIR Series) Circular No.3
July 09, 2015
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Exim Bank's GoI supported Line of Credit of USD 15.13 million
to the Government of Republic of Djibouti
Export-Import Bank of India (Exim Bank) has entered into an agreement dated March 9, 2015 with the Government of Republic of Djibouti, for making available to the latter, a Line of Credit (LOC) of USD 15.13 million (USD Fifteen Million One Hundred and T...
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RBI Circular - Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures
Posted Date : 09-Jul-2015 , 06:41:23 pm | Posted By: Aarti Sharma
RBI/2015-16/120
DBR.No.CID.BC.28 /20.16.056/2015-16
July 9, 2015
All Scheduled Commercial Banks (excluding RRBs)
All India Notified Financial Institutions (EXIM, NABARD, NHB & SIDBI)
All Credit Information Companies
Dear Sir/Madam
Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures
Please refer to ourcircular DBOD.No.CID.BC.127/20.16.056/2013-14 dated June 27, 2014inter alia setting out a Uniform Credit Reporting Fo...
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RBI Circular - Returns to be submitted by NBFCs (Asset Size below Rs. 500 crore)
Posted Date : 09-Jul-2015 , 06:40:30 pm | Posted By: Aarti Sharma
RBI/2015-16/119
DNBS (IT).CC.No. 01/24.01.191/2015-16
July 09, 2015
To CEOs of All NBFCs (excluding RNBCs)
Dear Sir/Madam,
Returns to be submitted by NBFCs (Asset Size below Rs. 500 crore)
Please refer to theDNBR (PD) CC.No. 002/03.10.001/2014-15 dated November 10, 2014on revised Regulatory Framework for NBFCs.
2. As per the revised regulations, all non-deposit taking NBFCs (NBFCs-ND), with assets less than Rs. 500 crore are required to submit an Annual Return. Two new Return ...
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RBI Circular - Investment in companies engaged in tobacco related activities
Posted Date : 03-Jul-2015 , 06:12:55 pm | Posted By: Aarti Sharma
RBI/2015-16/116
A.P. (DIR Series) Circular No.2
July 3, 2015
To
All Authorised Persons
Madam/ Sir,
Investment in companies engaged in tobacco related activities
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Annex A of Schedule 1 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, andNotification No. FEMA. 242/2012- R...
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