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Master Circulars

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Apr 01, 2025
Master Circular - Housing Finance for UCBs

RBI/2025-26/17 DOR.CRE.REC.No.11/07.10.002/2025-26 April 1, 2025 All Primary (Urban) Co-operative Banks Madam/Dear Sir, Master Circular - Housing Finance for UCBs Please refer to the Master Circular DOR.CRE.REC.No.6/07.10.002/2024-25 dated April 2, 2024 on the captioned subject, consolidating the instructions / guidelines issued to UCBs till April 01, 2024. Attached is the revised Master Circular, updated to reflect all instructions issued upto March 31, 20

RBI/2025-26/17 DOR.CRE.REC.No.11/07.10.002/2025-26 April 1, 2025 All Primary (Urban) Co-operative Banks Madam/Dear Sir, Master Circular - Housing Finance for UCBs Please refer to the Master Circular DOR.CRE.REC.No.6/07.10.002/2024-25 dated April 2, 2024 on the captioned subject, consolidating the instructions / guidelines issued to UCBs till April 01, 2024. Attached is the revised Master Circular, updated to reflect all instructions issued upto March 31, 20

Apr 01, 2025
Master Circular – Housing Finance

RBI/2025-26/16 DOR.CRE.REC. No.12/08.12.001/2025-26 April 01, 2025 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Master Circular -– Housing Finance Please refer to the Master Circular DOR.CRE.REC.No.07/08.12.001/2024-25 dated April 02, 2024 consolidating the instructions / guidelines issued to banks till April 01, 2024 relating to Housing Finance. Attached is the revised Master C

RBI/2025-26/16 DOR.CRE.REC. No.12/08.12.001/2025-26 April 01, 2025 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Master Circular -– Housing Finance Please refer to the Master Circular DOR.CRE.REC.No.07/08.12.001/2024-25 dated April 02, 2024 consolidating the instructions / guidelines issued to banks till April 01, 2024 relating to Housing Finance. Attached is the revised Master C

Apr 01, 2025
Master Circular- Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs

RBI/2025-26/14 DOR.STR.REC.10/21.04.048/2025-26 April 01, 2025 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

RBI/2025-26/14 DOR.STR.REC.10/21.04.048/2025-26 April 01, 2025 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

Apr 01, 2025
Master Circular - Guarantees and Co-acceptances

RBI/2025-26/12 DOR. STR. REC. 06/13.07.010/2025-26 April 01, 2025 All Scheduled Commercial Banks (excluding Payment Banks and RRBs) Dear Sir / Madam Master Circular - Guarantees and Co-acceptances

RBI/2025-26/12 DOR. STR. REC. 06/13.07.010/2025-26 April 01, 2025 All Scheduled Commercial Banks (excluding Payment Banks and RRBs) Dear Sir / Madam Master Circular - Guarantees and Co-acceptances

Apr 01, 2025
Master Circular - Guarantees, Co-Acceptances & Letters of Credit - UCBs

RBI/2025-26/11 DoR.STR.REC 07/09.27.000/2025-26 April 01, 2025 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 our Master Circular DoR.STR.REC.3/09.27.000/2024-25 dated April 01, 2024 on the captioned subject. Attached is the revised Master Circular, updated to reflect all instructions issued up to March 31, 2025 on the above matter, as listed in the Annex. It may be noted that this Master Circular only consolidates all instructions on the above matter issued up to March 31, 2025 and does not contain any new instructions/guidelines.

RBI/2025-26/11 DoR.STR.REC 07/09.27.000/2025-26 April 01, 2025 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 our Master Circular DoR.STR.REC.3/09.27.000/2024-25 dated April 01, 2024 on the captioned subject. Attached is the revised Master Circular, updated to reflect all instructions issued up to March 31, 2025 on the above matter, as listed in the Annex. It may be noted that this Master Circular only consolidates all instructions on the above matter issued up to March 31, 2025 and does not contain any new instructions/guidelines.

Jul 01, 2015
Master Circular - Operational Guidelines for Primary Dealers

RBI/2015-16/34 IDMD.PDRD. 01/03.64.00/2015-16 July 1, 2015 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines for Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations. The Master Circular incorporating the guidelines/instructions/circulars on the subject issued up to June 30, 2015 is enclosed. A list of circulars finding referen

RBI/2015-16/34 IDMD.PDRD. 01/03.64.00/2015-16 July 1, 2015 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines for Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations. The Master Circular incorporating the guidelines/instructions/circulars on the subject issued up to June 30, 2015 is enclosed. A list of circulars finding referen

Jul 01, 2014
Master Circular on Call / Notice Money Market Operations

RBI/2014-15/98 IDMD.PCD. 03/14.01.01/2014-15 July 1, 2014 The Chairmen / Chief Executives of all Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir/Madam, Master Circular on Call / Notice Money Market Operations The Reserve Bank of India has, from time to time, issued a number of guidelines / instructions / directives to banks and the Primary Dealers in regard to call / notice money market. To enable eligible institutions to ha

RBI/2014-15/98 IDMD.PCD. 03/14.01.01/2014-15 July 1, 2014 The Chairmen / Chief Executives of all Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir/Madam, Master Circular on Call / Notice Money Market Operations The Reserve Bank of India has, from time to time, issued a number of guidelines / instructions / directives to banks and the Primary Dealers in regard to call / notice money market. To enable eligible institutions to ha

Jul 01, 2014
Master Circular on Foreign Investment in India
RBI/2014-15/6 Master Circular No. 15/2014-15 July 01, 2014 (Amended upto April 08, 2015) To, All Category - I Authorised Dealer banks Madam/Sir, Master Circular on Foreign Investment in India Foreign investment in India is governed by sub-section (3) of Section 6 of the Foreign Exchange Management Act, 1999 read with Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. The regulatory framework and instructions issued by the Reserve Bank ha
RBI/2014-15/6 Master Circular No. 15/2014-15 July 01, 2014 (Amended upto April 08, 2015) To, All Category - I Authorised Dealer banks Madam/Sir, Master Circular on Foreign Investment in India Foreign investment in India is governed by sub-section (3) of Section 6 of the Foreign Exchange Management Act, 1999 read with Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. The regulatory framework and instructions issued by the Reserve Bank ha
Jul 01, 2014
Master Circular - Operational Guidelines to Primary Dealers

RBI/2014-15/96 IDMD.PDRD.01/03.64.00/2014-15 July 1, 2014 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines to Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations. The Master Circular incorporating the guidelines/instructions/circulars on the subject issued up to June 30, 2014 is enclosed. A list of circulars finding reference

RBI/2014-15/96 IDMD.PDRD.01/03.64.00/2014-15 July 1, 2014 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines to Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations. The Master Circular incorporating the guidelines/instructions/circulars on the subject issued up to June 30, 2014 is enclosed. A list of circulars finding reference

Jul 01, 2013
Master Circular- Capital Adequacy Standards and Risk Management Guidelines for Standalone Primary Dealers
RBI/2013-14/106 IDMD.PDRD. 02 /03.64.00/2013-14 July 1, 2013 All Standalone Primary Dealers Dear Sir / Madam, Master Circular- Capital Adequacy Standards and Risk Management Guidelines for Standalone Primary Dealers The Reserve Bank of India (RBI) has, from time to time, issued a number of guidelines/instructions to the standalone Primary Dealers (PDs) with regard to their operations in the Government Securities Market and other activities. To enable the PDs to have a
RBI/2013-14/106 IDMD.PDRD. 02 /03.64.00/2013-14 July 1, 2013 All Standalone Primary Dealers Dear Sir / Madam, Master Circular- Capital Adequacy Standards and Risk Management Guidelines for Standalone Primary Dealers The Reserve Bank of India (RBI) has, from time to time, issued a number of guidelines/instructions to the standalone Primary Dealers (PDs) with regard to their operations in the Government Securities Market and other activities. To enable the PDs to have a
Jul 01, 2013
Master Circular - Operational Guidelines to Primary Dealers

RBI/2013-14/102 IDMD.PDRD.01/03.64.00/2013-14 July 1, 2013 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines to Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instructions at one place, a Master Circular incorporating the g

RBI/2013-14/102 IDMD.PDRD.01/03.64.00/2013-14 July 1, 2013 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines to Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instructions at one place, a Master Circular incorporating the g

Jul 01, 2013
Master Circular - Guidelines for Issue of Commercial Paper

RBI/2013-14/105 IDMD.PCD. 04/14.01.02/2013-14 July 1, 2013 All market participants Dear Sir/Madam, Master Circular - Guidelines for Issue of Commercial Paper Commercial Paper (CP), an unsecured money market instrument issued in the form of a promissory note, was introduced in India in 1990 with a view to enable highly rated corporate borrowers to diversify their sources of short-term borrowings and provide an additional instrument to the investors. 2. A Master Circula

RBI/2013-14/105 IDMD.PCD. 04/14.01.02/2013-14 July 1, 2013 All market participants Dear Sir/Madam, Master Circular - Guidelines for Issue of Commercial Paper Commercial Paper (CP), an unsecured money market instrument issued in the form of a promissory note, was introduced in India in 1990 with a view to enable highly rated corporate borrowers to diversify their sources of short-term borrowings and provide an additional instrument to the investors. 2. A Master Circula

Jul 02, 2012
Master Circular - Operational Guidelines to Primary Dealers

RBI/2012-13/106 IDMD.PDRD.01/03.64.00/2012-13 July 2, 2012 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines to Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instructions at one place, a Master Circular incorporating the g

RBI/2012-13/106 IDMD.PDRD.01/03.64.00/2012-13 July 2, 2012 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines to Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instructions at one place, a Master Circular incorporating the g

Jul 01, 2011
Master Circular- Capital Adequacy Standards and Risk Management Guidelines for standalone Primary Dealers

RBI/2011-12/93 IDMD.PDRD.02 /03.64.00/2011-12 July 1, 2011 All Standalone Primary Dealers Dear Sir / Madam Master Circular- Capital Adequacy Standards and Risk Management Guidelines for standalone Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instruc

RBI/2011-12/93 IDMD.PDRD.02 /03.64.00/2011-12 July 1, 2011 All Standalone Primary Dealers Dear Sir / Madam Master Circular- Capital Adequacy Standards and Risk Management Guidelines for standalone Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instruc

Jul 01, 2011
Master Circular - Operational Guidelines to Primary Dealers

RBI/2011-12/92 IDMD.PDRD.01 /03.64.00/2011-12 July 1, 2011 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines to Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instructions at one place, a Master Circular incorporating the g

RBI/2011-12/92 IDMD.PDRD.01 /03.64.00/2011-12 July 1, 2011 All Primary Dealers Dear Sir / Madam Master Circular – Operational Guidelines to Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) in regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instructions at one place, a Master Circular incorporating the g

Jul 01, 2010
Master Circular on Call/Notice Money Market Operations
RBI/2010-11/85 IDMD.DOD.12 /11.08. 36/2010-11 July 1, 2010 The Chairmen/Chief Executives of all Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir, Master Circular on Call/Notice Money Market Operations As you are aware, the Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks and the Primary Dealers in regard to call/notice money market.@@NBSP@@ To enable eligible institu
RBI/2010-11/85 IDMD.DOD.12 /11.08. 36/2010-11 July 1, 2010 The Chairmen/Chief Executives of all Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir, Master Circular on Call/Notice Money Market Operations As you are aware, the Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks and the Primary Dealers in regard to call/notice money market.@@NBSP@@ To enable eligible institu
Jul 01, 2010
Master Circular - Guidelines for Issue of Commercial Paper

RBI/2010-11/84 IDMD.DOD.14 /11.08.36/2010-11 July 1, 2010 The Chairmen/Chief Executives of All Scheduled Banks, Primary Dealers and All-India Financial Institutions Dear Sir, Master Circular - Guidelines for Issue of Commercial Paper As you are aware, Commercial Paper (CP), an unsecured money market instrument issued in the form of a promissory note, was introduced in India in 1990 with a view to enabling highly rated corporate borrowers to diversify their sources of

RBI/2010-11/84 IDMD.DOD.14 /11.08.36/2010-11 July 1, 2010 The Chairmen/Chief Executives of All Scheduled Banks, Primary Dealers and All-India Financial Institutions Dear Sir, Master Circular - Guidelines for Issue of Commercial Paper As you are aware, Commercial Paper (CP), an unsecured money market instrument issued in the form of a promissory note, was introduced in India in 1990 with a view to enabling highly rated corporate borrowers to diversify their sources of

Jul 01, 2010
Master Circular - Guidelines for Issue of Certificates of Deposit
RBI/2010-11/83 IDMD.DOD.13 /11.08.36/2010-11@@NBSP@@ July 1, 2010 The Chairmen / Chief Executives of All Scheduled Banks (excluding RRBs and LABs) and All-India Term Lending and Refinancing Institutions Dear Sir, Master Circular - Guidelines for Issue of Certificates of Deposit As you are aware, with a view to further widening the range of money market instruments and give investors greater flexibility in deployment of their short-term surplus funds, Certificates of D
RBI/2010-11/83 IDMD.DOD.13 /11.08.36/2010-11@@NBSP@@ July 1, 2010 The Chairmen / Chief Executives of All Scheduled Banks (excluding RRBs and LABs) and All-India Term Lending and Refinancing Institutions Dear Sir, Master Circular - Guidelines for Issue of Certificates of Deposit As you are aware, with a view to further widening the range of money market instruments and give investors greater flexibility in deployment of their short-term surplus funds, Certificates of D
Jul 01, 2008
Master Circular - Call/Notice Money Market Operations
RBI/2008-09/25 FMD. MSRG. No.22/02.08.003/2008-09 July 1, 2008 Ashadha 10, 1930 (S) The Chairmen/Chief Executives of all Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir, Master Circular on Call/Notice Money Market Operations As you are aware, the Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks in regard to matters relating to call/notice money market.@@NBSP@@ To en
RBI/2008-09/25 FMD. MSRG. No.22/02.08.003/2008-09 July 1, 2008 Ashadha 10, 1930 (S) The Chairmen/Chief Executives of all Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir, Master Circular on Call/Notice Money Market Operations As you are aware, the Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks in regard to matters relating to call/notice money market.@@NBSP@@ To en

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Page Last Updated on: May 15, 2025

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