Notifications

Oversight of Government Business in Agency Banks

RBI/2015-16/361 DGBA.GAD.No-3147/44.01.001/2015-16 April 07, 2016 The Chairman/ Managing Director/ Chief Executive Officer/ Agency Banks Dear Sir/ Madam Oversight of Government Business in Agency Banks As you are aware, in terms of the agency agreement entered into with agency banks for conduct of government business, the Reserve Bank of India carries out periodical review/inspection of government business. We have so far been conducting such review/inspection at sele

RBI/2015-16/361 DGBA.GAD.No-3147/44.01.001/2015-16 April 07, 2016 The Chairman/ Managing Director/ Chief Executive Officer/ Agency Banks Dear Sir/ Madam Oversight of Government Business in Agency Banks As you are aware, in terms of the agency agreement entered into with agency banks for conduct of government business, the Reserve Bank of India carries out periodical review/inspection of government business. We have so far been conducting such review/inspection at sele

Oversight of Government Business in Agency Banks

Revision of interest rates for Small Savings Schemes

RBI/2015-16/362 DGBA.GAD.3175/15.02.005/2015-16 April 07, 2016 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 Revision of interest rates for Small Savings Schemes Please refer to our circular RBI/2014-15/536 dated April 1, 2015 on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS.II d

RBI/2015-16/362 DGBA.GAD.3175/15.02.005/2015-16 April 07, 2016 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 Revision of interest rates for Small Savings Schemes Please refer to our circular RBI/2014-15/536 dated April 1, 2015 on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS.II d

Revision of interest rates for Small Savings Schemes

Applicability of Concentration of Credit/ Investment Norms

RBI/2015-16/363 DNBR (PD) CC.No.077/03.10.001/2015-16 April 7, 2016 All Systemically Important Non- Deposit accepting or Holding Non-Banking Financial Companies (NBFC-NDSI) Madam/ Sir, Applicability of Concentration of Credit/ Investment Norms In terms of second proviso to sub para (1) of para 24 of the Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015, any non-banking financial c

RBI/2015-16/363 DNBR (PD) CC.No.077/03.10.001/2015-16 April 7, 2016 All Systemically Important Non- Deposit accepting or Holding Non-Banking Financial Companies (NBFC-NDSI) Madam/ Sir, Applicability of Concentration of Credit/ Investment Norms In terms of second proviso to sub para (1) of para 24 of the Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015, any non-banking financial c

Applicability of Concentration of Credit/ Investment Norms

Alteration in the name of “Rabobank International (Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.)” to “Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.” in the Second Schedule to the RBI Act, 1934

RBI/2015-16/364 DBR.No.Ret.BC.87/12.07.131A/2015-16 April 7, 2016 All Scheduled Commercial Banks Dear Sir, Alteration in the name of “Rabobank International (Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.)” to “Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.” in the Second Schedule to the RBI Act, 1934 We advise that the name of “Rabobank International (Cooperatieve Centrale Raiffeisen- Boerenleenbank B.A.” has been changed to “Cooperatieve Centrale Raiffei

RBI/2015-16/364 DBR.No.Ret.BC.87/12.07.131A/2015-16 April 7, 2016 All Scheduled Commercial Banks Dear Sir, Alteration in the name of “Rabobank International (Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.)” to “Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.” in the Second Schedule to the RBI Act, 1934 We advise that the name of “Rabobank International (Cooperatieve Centrale Raiffeisen- Boerenleenbank B.A.” has been changed to “Cooperatieve Centrale Raiffei

Alteration in the name of “Rabobank International (Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.)” to “Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.” in the Second Schedule to the RBI Act, 1934

Alteration in the name of “Korea Exchange Bank Co., Ltd” to “KEB Hana Bank” in the Second Schedule to the RBI Act, 1934

RBI/2015-16/365 DBR.No.Ret.BC.88/12.07.137A/2015-16 April 7, 2016 All Scheduled Commercial Banks Dear Sir, Alteration in the name of “Korea Exchange Bank Co., Ltd” to “KEB Hana Bank” in the Second Schedule to the RBI Act, 1934 We advise that the name of “Korea Exchange Bank Co., Ltd” has been changed to “KEB Hana Bank” in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.4793/23.13.065/2015-16 dated October 06, 2015 and published

RBI/2015-16/365 DBR.No.Ret.BC.88/12.07.137A/2015-16 April 7, 2016 All Scheduled Commercial Banks Dear Sir, Alteration in the name of “Korea Exchange Bank Co., Ltd” to “KEB Hana Bank” in the Second Schedule to the RBI Act, 1934 We advise that the name of “Korea Exchange Bank Co., Ltd” has been changed to “KEB Hana Bank” in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.4793/23.13.065/2015-16 dated October 06, 2015 and published

Alteration in the name of “Korea Exchange Bank Co., Ltd” to “KEB Hana Bank” in the Second Schedule to the RBI Act, 1934

Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement

RBI/2015-16/359 DBR.No.Ret.BC.91 /12.01.001/2015-16 April 5, 2016 The Chairperson /CEOs of all Scheduled Commercial Banks/ Regional Rural Banks / All Scheduled Primary (Urban) Co-operative Banks / All Scheduled State Co-operative Banks Dear Sir / Madam, Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our Circular DBOD.No.Ret.BC.55/12.01.001/2013-14; UBD.BPD.(SCB).CIR No.2/12.03.000/201

RBI/2015-16/359 DBR.No.Ret.BC.91 /12.01.001/2015-16 April 5, 2016 The Chairperson /CEOs of all Scheduled Commercial Banks/ Regional Rural Banks / All Scheduled Primary (Urban) Co-operative Banks / All Scheduled State Co-operative Banks Dear Sir / Madam, Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our Circular DBOD.No.Ret.BC.55/12.01.001/2013-14; UBD.BPD.(SCB).CIR No.2/12.03.000/201

Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement

Liquidity Adjustment Facility - Repo and Reverse Repo Rates

RBI/2015-2016/357FMOD.MAOG. No. 112 /01.01.001/2015-16 April 05, 2016 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 the Monetary policy by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.75 per cent to 6.50 per cent. Further,

RBI/2015-2016/357FMOD.MAOG. No. 112 /01.01.001/2015-16 April 05, 2016 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 the Monetary policy by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.75 per cent to 6.50 per cent. Further,

Liquidity Adjustment Facility - Repo and Reverse Repo Rates

Marginal Standing Facility

RBI/2015-2016/356FMOD.MAOG. No.113 /01.18.001/2015-16 April 5, 2016 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility As announced by the Governor today, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 75 basis points from 7.75 per cent to 7.00 percent with immediate effect. All other terms and conditions of the current MSF scheme will remain unchanged. Yours sincerely (M. Rajeshwar Rao) Chief General Ma

RBI/2015-2016/356FMOD.MAOG. No.113 /01.18.001/2015-16 April 5, 2016 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility As announced by the Governor today, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 75 basis points from 7.75 per cent to 7.00 percent with immediate effect. All other terms and conditions of the current MSF scheme will remain unchanged. Yours sincerely (M. Rajeshwar Rao) Chief General Ma

Marginal Standing Facility

Standing Liquidity Facilities for Primary Dealers

RBI/2015-16/355 REF.No.MPD.BC.380 /07.01.279/2015-16 Chaitra 16, 1938 (Sake) April 5, 2016 To All Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Primary DealersPlease refer to the First Bi-monthly Monetary Policy statement 2016-17 by Dr. Raghuram G Rajan, Governor dated April 5, 2016, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points from 6.75 per cent to 6.50 per cent with immediate ef

RBI/2015-16/355 REF.No.MPD.BC.380 /07.01.279/2015-16 Chaitra 16, 1938 (Sake) April 5, 2016 To All Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Primary DealersPlease refer to the First Bi-monthly Monetary Policy statement 2016-17 by Dr. Raghuram G Rajan, Governor dated April 5, 2016, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points from 6.75 per cent to 6.50 per cent with immediate ef

Standing Liquidity Facilities for Primary Dealers

Auction of Government of India Dated Securities

RBI/2015-16/354 Ref.No.IDMD/2258/08.02.032/2015-16 April 4, 2016 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 of ₹ 15,000 crore as per the following details: @@NBSP@@Sr No Security Notified Amount (in ₹

RBI/2015-16/354 Ref.No.IDMD/2258/08.02.032/2015-16 April 4, 2016 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 of ₹ 15,000 crore as per the following details: @@NBSP@@Sr No Security Notified Amount (in ₹

Auction of Government of India Dated Securities