Rs. 2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender
Posted Date : 23-May-2023 , 09:26:59 pm | Posted By: CASANSAAR
RBI/2023-24/33
DCM(Plg) No.S-239/10.27.00/2023-24
May 22, 2023
The Chairman / Managing Director/ Chief Executive Officer
All Banks
Dear Sir /Madam,
Rs. 2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender
In continuation to ourcircular DCM(Plg) No.S-236/10.27.00/2023-24 dated May 19, 2023on the captioned subject, it is advised as follows:
2. The facility of exchange of Rs. 2000 banknotes across the counter shall be provided to the pub...
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Rs. 2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender
Posted Date : 19-May-2023 , 09:50:41 pm | Posted By: CASANSAAR
RBI/2023-24/32
DCM(Plg) No.S-236/10.27.00/2023-24
May 19, 2023
The Chairman / Managing Director/ Chief Executive Officer
All Banks
Dear Sir/Madam,
?2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender
?2000 denomination banknote was introduced inNovember 2016under Section 24(1) of RBI Act, 1934 primarily to meet the immediate currency requirement of the economy after withdrawal of the legal tender status of all ?500 and ?1000 banknotes i...
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Reserve Bank Advisory on LIBOR Transition
Posted Date : 12-May-2023 , 07:21:09 pm | Posted By: CASANSAAR
RBI/2023-24/30
CO.FMRD.DIRD.01/14.02.001/2023-24
May 12, 2023
To
The Chief Executive Officer/ Chairman/Managing Director,
All Commercial and Co-operative Banks / All India Financial Institutions /
Non-Banking Financial Companies including Housing Finance Companies and
Standalone Primary Dealers
Madam / Dear Sir
LIBOR Transition
Attention of banks/financial institutions (FIs) is drawn to the Reserve Bank advisory on“Roadmap for LIBOR Transition” dated July 08, 20...
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RBI |
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RBI Master Circular on Basel III Capital Regulations
Posted Date : 12-May-2023 , 07:19:02 pm | Posted By: CASANSAAR
RBI/2023-24/31
DOR.CAP.REC.15/21.06.201/2023-24
May 12, 2023
All Scheduled Commercial Banks
(Excluding Small Finance Banks, Payments Banks
and Regional Rural Banks)
Madam / Dear Sir,
Master Circular – Basel III Capital Regulations
Please refer to theMaster Circular No. DOR.CAP.REC.3/21.06.201/2022-23 dated April 1, 2022, consolidating therein the prudential guidelines on Basel III capital adequacy issued to banks till that date.
2. The instructions contained in the afo...
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Levy of charges on forex prepaid cards/store value cards/travel cards, etc. - RBI
Posted Date : 10-May-2023 , 07:08:32 am | Posted By: CASANSAAR
RBI/2023-24/29
A.P. (DIR Series) Circular No. 04
May 09, 2023
To
All Authorised Persons
Madam / Sir
Levy of charges on forex prepaid cards/store value cards/travel cards, etc.
Attention of Authorised Dealers is invited to relevant instructions contained inA.P. (DIR Series) Circular No. 46 dated June 14, 2005andA.P. (DIR Series) Circular No. 102 dated April 02, 2012, regarding use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards or any other instrument that...
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Formalisation of Informal Micro Enterprises on Udyam Assist Platform - RBI
Posted Date : 10-May-2023 , 07:07:00 am | Posted By: CASANSAAR
RBI/2023-24/27
FIDD.MSME & NFS.BC.No.09/06.02.31/2023-24
May 09, 2023
The Chairman/ Managing Director/Chief Executive Officer
All Commercial Banks
(including Small Finance Banks, Local Area Banks and Regional Rural Banks)
All Primary (Urban) Co-operative Banks/State Co-operative Banks
/ District Central Co-operative Banks
All-India Financial Institutions
All Non-Banking Financial Companies
Dear Sir / Madam
Formalisation of Informal Micro Enterprises on Udyam Assist Platfor...
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Master Circular - Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs
Posted Date : 08-May-2023 , 09:11:58 pm | Posted By: CASANSAAR
RBI/2023-24/26
DOR.STR.REC.14/21.04.048/2023-24
May 08, 2023
The Chief Executive Officers
All Primary (Urban) Co-operative Banks
Madam / Dear Sir,
Master Circular - Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs
Please refer to ourMaster Circular DOR.STR.REC.5/21.04.048/2022-23 dated April 1, 2022on the captioned subject. The enclosedMaster Circularconsolidates and updates all the instructions / guidelines on the subject issued till date ...
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Amendment to the Master Direction (MD) on KYC – Instructions on Wire Transfer
Posted Date : 05-May-2023 , 08:55:40 am | Posted By: CASANSAAR
RBI/2023-24/25
DOR.AML.REC.13/14.01.001/2023-24
May 4, 2023
The Chairpersons/ CEOs of all the Regulated Entities
Dear Sir/Madam,
Amendment to the Master Direction (MD) on KYC – Instructions on Wire Transfer
Please refer to theMaster Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs), inter alia, have to undertake certain measures while dealing with the Wire Transfer.
2. In this regard, on a review, it h...
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Amendment to the Master Direction (MD) on KYC - RBI
Posted Date : 29-Apr-2023 , 07:12:46 am | Posted By: CASANSAAR
RBI/2023-24/24
DOR.AML.REC.111/14.01.001/2023-24
April 28, 2023
The Chairpersons/ CEOs of all the Regulated Entities
Dear Sir/Madam,
Amendment to the Master Direction (MD) on KYC
Please refer to theMaster Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs) have to undertake Customer Due Diligence (CDD), as per the process laid out therein, for their customers.
2. In this regard, on a review, it has been decide...
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RBI |
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General Credit Card (GCC) Facility – Review - RBI
Posted Date : 25-Apr-2023 , 04:48:08 pm | Posted By: CASANSAAR
RBI/2023-24/19
FIDD.MSME & NFS.BC.No.06/06.02.31/2023-24
April 25, 2023
The Chairman/Managing Director/ Chief Executive Officer
Scheduled Commercial Banks (excluding Payments Banks) and
Scheduled Urban Co-operative Banks
Dear Sir / Madam
General Credit Card (GCC) Facility – Review
Please refer to ourCircular RPCD.MSME & NFS.BC.No.61/06.02.31/2013-14 dated December 02, 2013on the Revised General Credit Card (GCC) Scheme.
2. On review of the above, and in the lig...
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Provisioning for standard assets by primary (Urban) co-operative banks – revised norms under four-tiered regulatory framework
Posted Date : 25-Apr-2023 , 07:39:40 am | Posted By: CASANSAAR
RBI/2023-24/18
DOR.STR.REC.12/21.04.048/2023-24
April 24, 2023
All Primary (Urban) Co-operative Banks,
Madam / Dear Sir,
Provisioning for standard assets by primary (Urban) co-operative banks – revised norms under four-tiered regulatory framework
Please refer tocircular DOR.REG.No.84/07.01.000/2022-23 dated December 01, 2022, in terms of which Urban Co-operative Banks (UCBs) have been categorized into four Tiers namely Tier 1, Tier 2, Tier 3 and Tier 4 for regulatory purpos...
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RBI |
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RBI Master Circular - Housing Finance for UCBs
Posted Date : 13-Apr-2023 , 03:36:56 pm | Posted By: CASANSAAR
RBI/2023-24/15
DOR.CRE.REC.No.9/07.10.002/2023-24
April 11, 2023
All Primary (Urban) Co-operative Banks
Madam/Dear Sir,
Master Circular - Housing Finance for UCBs
Please refer to ourMaster Circular DOR.CRE.REC.No.49/09.22.010/2022-23 dated June 23, 2022on the captioned subject (available at RBI websitehttps://rbi.org.in/). The enclosedMaster Circularconsolidates and updates all the instructions / guidelines on the subject issued till date.
Yours faithfully
(Manoranjan Mishr...
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RBI Master Direction on Outsourcing of Information Technology Services
Posted Date : 10-Apr-2023 , 02:05:50 pm | Posted By: CASANSAAR
Regulated Entities (REs) have been extensively leveraging Information Technology (IT) and IT enabled Services (ITeS) to support their business models, products and services offered to their customers. REs also outsource substantial portion of their IT activities to third parties, which expose them to various risks....
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RBI |
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RBI Master Circular on Lead Bank Scheme
Posted Date : 04-Apr-2023 , 02:02:53 pm | Posted By: CASANSAAR
RBI/2023-24/11
FIDD.CO.LBS.BC.No.04/02.01.001/2023-24
April 03, 2023
The Chairman/ Managing Director/ Chief Executive Officer
SLBC/ UTLBC Convenor Banks / Lead Banks
Madam/ Dear Sir,
Master Circular – Lead Bank Scheme
The Reserve Bank of India has issued a number of guidelines/ instructions on Lead Bank Scheme from time to time. ThisMaster Circularconsolidates the relevant guidelines/ instructions issued by Reserve Bank of India on Lead Bank Scheme up to March 31, 2023 as ...
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RBI Master Circular on Housing Finance
Posted Date : 04-Apr-2023 , 02:01:11 pm | Posted By: CASANSAAR
RBI/2023-24/08
DOR.CRE.REC.No.06/08.12.001/2023-24
April 03, 2023
All Scheduled Commercial Banks (excluding RRBs)
Dear Sir/Madam,
Master Circular – Housing Finance
Please refer to theMaster Circular DOR.CRE.REC.No.06/08.12.001/2022-23 dated April 01, 2022consolidating the instructions / guidelines issued to banks till March 31, 2022. relating to Housing Finance. ThisMaster Circularconsolidates instructions on the above matter issued up to March 31, 2023.
Yours faithfully...
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Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs)
Posted Date : 04-Apr-2023 , 01:59:38 pm | Posted By: CASANSAAR
RBI/2023-24/09
DOR.CRE.REC.No.07/21.04.172/2023-24
April 03, 2023
All Scheduled Commercial Banks (excluding RRBs)
Madam/ Dear Sir,
Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs)
Please refer to ourMaster Circular DOR.CRE.REC.No.07/21.04.172/2022-23 dated April 01, 2022on the captioned subject. ThisMaster Circularconsolidates instructions on the above matter issued up to March 31, 2023.
Yours faithfully,
(Manoranjan Mishra)
Chief General Manager...
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RBI |
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RBI Master Circular - Disbursement of Government Pension by Agency Banks
Posted Date : 04-Apr-2023 , 01:57:50 pm | Posted By: CASANSAAR
RBI/2023-24/10
DGBA.GBD.No.S3/31.02.007/2023-24
April 03, 2023
All Agency Banks
Dear Sir/Madam
Master Circular - Disbursement of Government Pension by Agency Banks
Please refer to ourMaster Circular RBI/2022-23/09 dated April 01, 2022on the above subject. We have revised and updated the Master Circular which consolidates important instructions on the subject issued by the Reserve Bank of India till March 31, 2023.
2. A copy of the revisedMaster Circularis enclosed for your inf...
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RBI Master Circular on Credit Facilities to Minority Communities
Posted Date : 04-Apr-2023 , 01:39:22 pm | Posted By: CASANSAAR
RBI/2023-24/02
FIDD.GSSD.BC.No.02/09.10.001/2023-24
April 01, 2023
The Chairman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
(excluding RRBs and Foreign Banks with less than 20 branches)
Madam/ Dear Sir,
Master Circular on Credit Facilities to Minority Communities
The Reserve Bank of India has periodically issued guidelines/instructions/directives to banks with regard to providing credit facilities to Minority Communities. TheMaster Circularenclosed ...
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RBI Master Circular on Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Posted Date : 04-Apr-2023 , 01:37:04 pm | Posted By: CASANSAAR
RBI/2023-24/01
FIDD.CO.GSSD.BC.No.03/09.09.001/2023-24
April 01, 2023
The Chairman / Managing Director / Chief Executive Officer
All Scheduled Commercial Banks (including Small Finance Banks)
Madam / Dear Sir,
Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (S...
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RBI |
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RBI Master Circular on SHG-Bank Linkage Programme
Posted Date : 04-Apr-2023 , 01:34:34 pm | Posted By: CASANSAAR
RBI/2023-24/03
FIDD.CO.FID.BC.No.1/12.01.033/2023-24
April 01, 2023
The Chairman/ Managing Director/
Chief Executive Officer
All Scheduled Commercial Banks
Madam/ Dear Sir
Master Circular on SHG-Bank Linkage Programme
The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable banks to have instructions at one place, theMaster Circularincorporating the existing guidelines/ inst...
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RBI |
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RBI Master Circular - Guarantees and Co-acceptances
Posted Date : 04-Apr-2023 , 01:32:08 pm | Posted By: CASANSAAR
RBI/2023-24/04
DOR.STR.REC.5/13.07.010/2023-24
April 1, 2023
All Scheduled Commercial Banks
(excluding Payments Banks and RRBs)
Dear Sir / Madam
Master Circular - Guarantees and Co-acceptances
Please refer to theMaster Circular DOR.STR.REC.8/13.07.010/2022-23 dated April 1, 2022consolidating the instructions / guidelines issued to banks till March 31, 2022, relating to Guarantees and Co-acceptances. ThisMaster Circularconsolidates the instructions on the above matter i...
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RBI |
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RBI Master Circular - Guarantees, Co-Acceptances & Letters of Credit - UCBs
Posted Date : 04-Apr-2023 , 01:27:16 pm | Posted By: CASANSAAR
RBI/2023-24/05
DoR.STR.REC.4/09.27.000/2023-24
April 1, 2023
The Managing Director / Chief Executive Officers
All Primary (Urban) Co-operative Banks
Dear Sir / Madam,
Master Circular - Guarantees, Co-Acceptances & Letters of Credit - UCBs
Please refer to ourMaster Circular DoR.STR.REC.9/09.27.000/2022-23 dated April 1, 2022on the captioned subject (available at RBI websitehttps://rbi.org.in/). The enclosedMaster Circularconsolidates and updates all the instructions...
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RBI |
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RBI Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Posted Date : 04-Apr-2023 , 01:19:47 pm | Posted By: CASANSAAR
RBI/2023-24/07
CO.DGBA.GBD.No.S1/31-12-010/2023-2024
April 1, 2023
All Agency Banks
Madam / Dear Sir
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Please refer to ourMaster Circular RBI/2022-23/08, CO.DGBA.GBD.No.S-1/31.12.010/2022-23 dated April 1, 2022on the above subject. We have now revised and updated the Master Circular which consolidates important instructions on the subject issued by the Reserve Bank of India ti...
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RBI |
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RBI Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
Posted Date : 01-Apr-2023 , 10:32:12 pm | Posted By: CASANSAAR
RBI/2023-24/06
DOR.STR.REC.3/21.04.048/2023-24
April 1, 2023
All Commercial Banks (excluding RRBs)
Madam/Dear Sir
Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
Please refer to theMaster Circular DOR.STR.REC.4/21.04.048/2022-23 dated April 1, 2022consolidating instructions / guidelines issued to banks till March 31, 2022 on matters relating to prudential norms on income recognition, asset classification and p...
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RBI |
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Special Clearing Operations on March 31, 2023 - RBI
Posted Date : 31-Mar-2023 , 06:58:51 am | Posted By: CASANSAAR
RBI/2022-23/190
CO.DPSS.RPPD.No.S2185/03-01-002/2022-2023
March 29, 2023
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 / Payment Banks /
Small Finance Banks / National Payments Corporation of India
Madam / Dear Sir,
Special Clearing Operations on March 31, 2023
A reference is invited to the ...
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RBI |
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Revised Regulatory Framework for Urban Co-operative Banks (UCBs) – Net Worth and Capital Adequacy
Posted Date : 31-Mar-2023 , 06:57:56 am | Posted By: CASANSAAR
RBI/2022-23/189
DOR.CAP.REC. No.109/09.18.201/2022-23
March 28, 2023
Dear Sir/ Madam,
Revised Regulatory Framework for Urban Co-operative Banks (UCBs) – Net Worth and Capital Adequacy
Please refer to para 7 of thecircular DOR.CAP.REC.No.86/09.18.201/2022-23 dated December 01, 2022on ‘Revised Regulatory Framework for Urban Co-operative Banks (UCBs) – Net Worth and Capital Adequacy.
2. It has been decided that the instructions shall come into effect from March 31,...
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RBI |
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Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2022-23)
Posted Date : 22-Mar-2023 , 08:59:41 am | Posted By: CASANSAAR
RBI/2022-23/186
CO.DGBA.GBD.No.S1490/42-01-029/2022-2023
March 21, 2023
All Agency Banks
Dear Sir / Madam
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2022-23)
All government transactions done by agency banks for the Financial Year 2022-23 must be accounted for within the same financial year. Accordingly, the following arrangements are put in place to report and account for Gover...
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RBI |
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SEBI Clarifies on Computation of Minimum Net Worth
Posted Date : 16-Mar-2023 , 07:42:36 am | Posted By: CASANSAAR
Sub: Request for Informal guidance by way of an interpretive letter under the provisions of SEBI (Informal Guidance) Scheme, 2003 (“Scheme”) received from Muthoot Health Care Private Limited (“the Company”)
1. This is with reference to your Informal Guidance application dated January 02, 2023, and further email dated February 07, 2023 and February 14, 2023 seeking guidance on eligibility of issuers in respect of issuance and listing of structured debt securities/ marke...
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SEBI |
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Govt notifies Cryptocurrency – Virtual digital assets under PMLA, 2002
Posted Date : 11-Mar-2023 , 07:42:41 am | Posted By: CASANSAAR
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 7th March, 2023
S.O. 1072(E).—In exercise of the powers conferred by sub-clause (vi) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 (15 of 2003) (hereinafter referred to the as the Act), the Central Government hereby notifies that the following activities when carried out for or on behalf of another natural or legal person in the course of business as an activit...
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Income Tax |
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Reserve Bank of India (Financial Statements - Presentation and Disclosures) Directions, 2021 – Disclosures for State Co-operative Banks and Central Co-operative Banks
Posted Date : 20-Feb-2023 , 08:29:52 pm | Posted By: CASANSAAR
RBI/2022-23/181
DOR.ACC.REC.No.103/21.04.018/2022-23
February 20, 2023
Madam / Dear Sir,
Reserve Bank of India (Financial Statements - Presentation and Disclosures) Directions, 2021 – Disclosures for State Co-operative Banks and Central Co-operative Banks
TheReserve Bank of India (Financial Statements-Presentation and Disclosures) Directions, 2021(‘Master Direction’) are applicable to Commercial Banks and Primary Urban Co-operative Banks (UCBs). They harmonize the ...
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RBI |
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