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Press Releases
Feb 08, 2021
Financial Literacy Week 2021
Reserve Bank of India (RBI) has been conducting Financial Literacy Week (FLW) every year since 2016 to propagate financial education messages on a particular theme across the country. 2. The theme selected for current year FLW is “Credit Discipline and Credit from Formal Institutions” which will be observed from February 8-12, 2021. This theme is one of the strategic objectives of the National Strategy for Financial Education 2020-2025. Focus will be on a) responsible
Reserve Bank of India (RBI) has been conducting Financial Literacy Week (FLW) every year since 2016 to propagate financial education messages on a particular theme across the country. 2. The theme selected for current year FLW is “Credit Discipline and Credit from Formal Institutions” which will be observed from February 8-12, 2021. This theme is one of the strategic objectives of the National Strategy for Financial Education 2020-2025. Focus will be on a) responsible
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Jan 27, 2021
RBI releases framework for strengthening the grievance redress mechanism in banks
RBI had announced in the ‘Statement on Developmental and Regulatory Policies’ issued as part of the Monetary Policy statement dated December 4, 2020 that with a view to strengthen and improve the efficacy of the grievance redress mechanism of banks, a comprehensive framework will be put in place during January 2021. Accordingly, a framework comprising of i) enhanced disclosures on complaints to be made by the banks; ii) recovery of the cost of redress of maintainable
RBI had announced in the ‘Statement on Developmental and Regulatory Policies’ issued as part of the Monetary Policy statement dated December 4, 2020 that with a view to strengthen and improve the efficacy of the grievance redress mechanism of banks, a comprehensive framework will be put in place during January 2021. Accordingly, a framework comprising of i) enhanced disclosures on complaints to be made by the banks; ii) recovery of the cost of redress of maintainable
Jan 19, 2021
RBI releases 2020 list of Domestic Systemically Important Banks (D-SIBs)
SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2018 list of D-SIBs. The additional Common Equity Tier 1 (CET1) requirement for D-SIBs was phased-in from April 1, 2016 and became fully effective from April 1, 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. The list of D-SIBs is as follows: Bucket Banks Additional Common
SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2018 list of D-SIBs. The additional Common Equity Tier 1 (CET1) requirement for D-SIBs was phased-in from April 1, 2016 and became fully effective from April 1, 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. The list of D-SIBs is as follows: Bucket Banks Additional Common
Dec 31, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month December 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of December 2020. Ajit Prasad Director Press Release: 2020-2021/864
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of December 2020. Ajit Prasad Director Press Release: 2020-2021/864
Nov 27, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month November 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of November 2020. Ajit Prasad Director Press Release: 2020-2021/700
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of November 2020. Ajit Prasad Director Press Release: 2020-2021/700
Oct 29, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month October 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of October 2020. Ajit Prasad Director Press Release : 2020-2021/567
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of October 2020. Ajit Prasad Director Press Release : 2020-2021/567
Sep 30, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month September 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of September 2020. Ajit Prasad Director Press Release: 2020-2021/408
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of September 2020. Ajit Prasad Director Press Release: 2020-2021/408
Aug 31, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month August 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of August 2020. Ajit Prasad Director Press Release: 2020-2021/262
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of August 2020. Ajit Prasad Director Press Release: 2020-2021/262
Aug 03, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month July 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of July 2020. Ajit Prasad Director Press Release: 2020-2021/134
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of July 2020. Ajit Prasad Director Press Release: 2020-2021/134
Jul 07, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month June 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of June 2020. Ajit Prasad Director Press Release : 2020-2021/29
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of June 2020. Ajit Prasad Director Press Release : 2020-2021/29
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Page Last Updated on: November 22, 2024
