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Nov 25, 2019
Auction of Government of India Dated Securities
RBI/2019-20/104 Ref.No.IDMD/1453/08.02.032/2019-20 November 25, 2019 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 a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ c
RBI/2019-20/104 Ref.No.IDMD/1453/08.02.032/2019-20 November 25, 2019 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 a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ c
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Nov 22, 2019
Re-export of unsold rough diamonds from Special Notified Zone of Customs without Export Declaration Form (EDF) formality
RBI/2019-20/103 A.P. (DIR Series) Circular No. 10 November 22, 2019 To All Category-I Authorised Dealer Banks Re-export of unsold rough diamonds from Special Notified Zone of Customs without Export Declaration Form (EDF) formality Attention of Authorised Dealer Category – I banks (AD banks) is invited to the A.P. (DIR Series) Circular No.1 dated July 02, 2015. 2. It has been decided to modify the provisions contained in para 4 of the above A.P. (Dir Series) Circular,
RBI/2019-20/103 A.P. (DIR Series) Circular No. 10 November 22, 2019 To All Category-I Authorised Dealer Banks Re-export of unsold rough diamonds from Special Notified Zone of Customs without Export Declaration Form (EDF) formality Attention of Authorised Dealer Category – I banks (AD banks) is invited to the A.P. (DIR Series) Circular No.1 dated July 02, 2015. 2. It has been decided to modify the provisions contained in para 4 of the above A.P. (Dir Series) Circular,
Nov 22, 2019
Non-resident Rupee Accounts - Review of Policy
RBI/2019-20/102 A.P. (DIR Series) Circular No. 09 November 22, 2019 To All Category-I Authorised Dealer Banks Madam / Sir Non-resident Rupee Accounts – Review of Policy Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph 3 of Statement on Developmental and Regulatory Policies of the Fourth Bi-Monthly Monetary Policy Statement for 2019-20 dated October 04, 2019. 2. In terms of paragraph 7 of Part II of Master Direction No.14 dated Ja
RBI/2019-20/102 A.P. (DIR Series) Circular No. 09 November 22, 2019 To All Category-I Authorised Dealer Banks Madam / Sir Non-resident Rupee Accounts – Review of Policy Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph 3 of Statement on Developmental and Regulatory Policies of the Fourth Bi-Monthly Monetary Policy Statement for 2019-20 dated October 04, 2019. 2. In terms of paragraph 7 of Part II of Master Direction No.14 dated Ja
Nov 21, 2019
Change in name of “West Bengal State Co-operative Bank Ltd.” to “The West Bengal State Co-operative Bank Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2019-20/101 DOR.RCB.No.06/19.51.025/2019-20 24 Kartik 1941 November 15, 2019 All State Co-operative Banks/ Central Co-operative Banks Madam / Dear Sir Change in name of “West Bengal State Co-operative Bank Ltd.” to “The West Bengal State Co-operative Bank Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “West Bengal State Co-operative Bank Ltd.” has been substituted with “The West Bengal State Co-operative Bank Ltd.” i
RBI/2019-20/101 DOR.RCB.No.06/19.51.025/2019-20 24 Kartik 1941 November 15, 2019 All State Co-operative Banks/ Central Co-operative Banks Madam / Dear Sir Change in name of “West Bengal State Co-operative Bank Ltd.” to “The West Bengal State Co-operative Bank Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “West Bengal State Co-operative Bank Ltd.” has been substituted with “The West Bengal State Co-operative Bank Ltd.” i
Nov 18, 2019
Auction of Government of India Dated Securities
RBI/2019-20/100 Ref.No.IDMD/1351/08.02.032/2019-20 November 18, 2019 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) five dated securities for a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
RBI/2019-20/100 Ref.No.IDMD/1351/08.02.032/2019-20 November 18, 2019 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) five dated securities for a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
Nov 18, 2019
Liquidation of Aditya Birla Idea Payments Bank Limited
RBI/2019-20/99 DOR.No.Recon.Div.24/10.03.200/2019-20 November 18, 2019 All Scheduled Commercial Banks Dear Sir / Madam Liquidation of Aditya Birla Idea Payments Bank Limited We advise that on a voluntarily winding up application by Aditya Birla Idea Payments Bank Limited, the Hon’ble Bombay High Court has passed an order on September 18, 2019 and has appointed Shri Vijaykumar V. Iyer, Senior Director of Deloitte Touche Tohmatsu India LLP as the Liquidator of Aditya Bi
RBI/2019-20/99 DOR.No.Recon.Div.24/10.03.200/2019-20 November 18, 2019 All Scheduled Commercial Banks Dear Sir / Madam Liquidation of Aditya Birla Idea Payments Bank Limited We advise that on a voluntarily winding up application by Aditya Birla Idea Payments Bank Limited, the Hon’ble Bombay High Court has passed an order on September 18, 2019 and has appointed Shri Vijaykumar V. Iyer, Senior Director of Deloitte Touche Tohmatsu India LLP as the Liquidator of Aditya Bi
Nov 13, 2019
Foreign Exchange Management (Manner of Receipt and Payment) (Amendment) Regulations, 2019
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 14(R)/(1)/2019-RB November 13, 2019 Foreign Exchange Management (Manner of Receipt and Payment) (Amendment) Regulations, 2019 In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendment in the Foreign Exchange Management (Manner of Receipt and Payment) Regulations,
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 14(R)/(1)/2019-RB November 13, 2019 Foreign Exchange Management (Manner of Receipt and Payment) (Amendment) Regulations, 2019 In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendment in the Foreign Exchange Management (Manner of Receipt and Payment) Regulations,
Nov 13, 2019
Foreign Exchange Management (Deposit) (Third Amendment) Regulations, 2019
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 5 (R)/(3)/2019-RB November 13, 2019 Foreign Exchange Management (Deposit) (Third Amendment) Regulations, 2019 In exercise of the powers conferred by clause (f) of sub-section (3) of section 6, sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendment in the Foreign Exchange Manageme
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 5 (R)/(3)/2019-RB November 13, 2019 Foreign Exchange Management (Deposit) (Third Amendment) Regulations, 2019 In exercise of the powers conferred by clause (f) of sub-section (3) of section 6, sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendment in the Foreign Exchange Manageme
Nov 11, 2019
Auction of Government of India Dated Securities
RBI/2019-20/97 Ref.No.IDMD/1277/08.02.032/2019-20 November 11, 2019 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 a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cro
RBI/2019-20/97 Ref.No.IDMD/1277/08.02.032/2019-20 November 11, 2019 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 a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cro
Nov 08, 2019
Technical Specifications for all participants of the Account Aggregator (AA) ecosystem
RBI/2019-20/96 DOR NBFC (PD) CC.No.104/03.10.001/2019-20 November 08, 2019 To All Regulated Entities of the Bank Madam/ Sir, Technical Specifications for all participants of the Account Aggregator (AA) ecosystem Please refer to the Master Direction – Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 dated September 02, 2016. 2. The NBFC-AA consolidates financial information of a customer held with different financial entities, spread a
RBI/2019-20/96 DOR NBFC (PD) CC.No.104/03.10.001/2019-20 November 08, 2019 To All Regulated Entities of the Bank Madam/ Sir, Technical Specifications for all participants of the Account Aggregator (AA) ecosystem Please refer to the Master Direction – Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 dated September 02, 2016. 2. The NBFC-AA consolidates financial information of a customer held with different financial entities, spread a
Nov 08, 2019
Qualifying Assets Criteria - Review of Limits
RBI/2019-20/95 DOR.NBFC (PD) CC. No.103/22.10.038/2019-20 November 08, 2019 To All Non-Banking Financial Companies-Micro Finance Institutions (NBFC-MFIs) Madam / Sir, Qualifying Assets Criteria - Review of Limits Please refer to the Statement on Developmental and Regulatory Policies issued as part of Monetary Policy Statement dated October 4, 2019 and Para 3 of the Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Com
RBI/2019-20/95 DOR.NBFC (PD) CC. No.103/22.10.038/2019-20 November 08, 2019 To All Non-Banking Financial Companies-Micro Finance Institutions (NBFC-MFIs) Madam / Sir, Qualifying Assets Criteria - Review of Limits Please refer to the Statement on Developmental and Regulatory Policies issued as part of Monetary Policy Statement dated October 4, 2019 and Para 3 of the Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Com
Nov 08, 2019
Formation of new districts in the State of Mizoram - Assignment of Lead Bank Responsibility
RBI/2019-20/94 FIDD.CO.LBS.BC.No.14/02.08.001/2019-20 November 08, 2019 The Chairmen / Managing Directors & Chief Executive OfficersAll Lead Banks Madam/ Dear Sir, Formation of new districts in the State of Mizoram – Assignment of Lead Bank Responsibility The Government of Mizoram vide Gazette Notification No.A.60011/21/95-GAD/Pt dated September 12, 2008 had notified the formation of three new districts in the State of Mizoram followed by related notifications dat
RBI/2019-20/94 FIDD.CO.LBS.BC.No.14/02.08.001/2019-20 November 08, 2019 The Chairmen / Managing Directors & Chief Executive OfficersAll Lead Banks Madam/ Dear Sir, Formation of new districts in the State of Mizoram – Assignment of Lead Bank Responsibility The Government of Mizoram vide Gazette Notification No.A.60011/21/95-GAD/Pt dated September 12, 2008 had notified the formation of three new districts in the State of Mizoram followed by related notifications dat
Nov 07, 2019
Auction of State Development Loans: Non-Competitive Bidding Facility to Retail Investors
RBI/2019-20/92 IDMD.No.1240/10.18.049/2019-20 November 07, 2019 All Scheduled Commercial Banks All State Co-operative Banks / All Scheduled Primary (Urban) Co-operative Banks / All Financial Institutions / All Primary Dealers/All Stock Exchanges Dear Madam/ Sir, Auction of State Development Loans: Non-Competitive Bidding Facility to Retail Investors Please refer to our circular IDMD.No. 954/08.03.001/2009-10 dated August 24, 2009, whereby the facility of non-competiti
RBI/2019-20/92 IDMD.No.1240/10.18.049/2019-20 November 07, 2019 All Scheduled Commercial Banks All State Co-operative Banks / All Scheduled Primary (Urban) Co-operative Banks / All Financial Institutions / All Primary Dealers/All Stock Exchanges Dear Madam/ Sir, Auction of State Development Loans: Non-Competitive Bidding Facility to Retail Investors Please refer to our circular IDMD.No. 954/08.03.001/2009-10 dated August 24, 2009, whereby the facility of non-competiti
Nov 07, 2019
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 - The Meghalaya Co-operative Apex Bank Ltd.
RBI/2019-20/93 DCBR.RCB.BC.No.05/19.51.025/2019-20 Kartika 9, 1941 October 31, 2019 All State Co-operative Banks/ Central Cooperative Banks Madam / Dear Sir Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – The Meghalaya Co-operative Apex Bank Ltd. We advise that the name of “The Meghalaya Co-operative Apex Bank Ltd.” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.CO.RCBD.No.02/19.51.025/201
RBI/2019-20/93 DCBR.RCB.BC.No.05/19.51.025/2019-20 Kartika 9, 1941 October 31, 2019 All State Co-operative Banks/ Central Cooperative Banks Madam / Dear Sir Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – The Meghalaya Co-operative Apex Bank Ltd. We advise that the name of “The Meghalaya Co-operative Apex Bank Ltd.” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.CO.RCBD.No.02/19.51.025/201
Nov 07, 2019
Exim Bank's Government of India supported Line of Credit of USD 30 million to the Government of the Republic of Ghana
RBI/2019-20/91 A.P. (DIR Series) Circular No.8 November 07, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 30 million to the Government of the Republic of Ghana Export-Import Bank of India (Exim Bank) has entered into an agreement dated April 05, 2019 with the Government of the Republic of Ghana for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 30 mil
RBI/2019-20/91 A.P. (DIR Series) Circular No.8 November 07, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 30 million to the Government of the Republic of Ghana Export-Import Bank of India (Exim Bank) has entered into an agreement dated April 05, 2019 with the Government of the Republic of Ghana for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 30 mil
Nov 04, 2019
Auction of Government of India Dated Securities
RBI/2019-20/90 Ref.No.IDMD/1184/08.02.032/2019-20 November 04, 2019 All Scheduled Commercial BanksAll 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) five dated securities for a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore)
RBI/2019-20/90 Ref.No.IDMD/1184/08.02.032/2019-20 November 04, 2019 All Scheduled Commercial BanksAll 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) five dated securities for a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore)
Nov 04, 2019
Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies
RBI/2019-20/88 DOR.NBFC (PD) CC. No.102/03.10.001/2019-20 November 04, 2019 All Non-Banking Financial Companies (NBFCs) including Core Investment Companies (CICs) Madam/ Sir, Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies Please refer to paragraph 108 and paragraph 94 of Master Direction - Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Di
RBI/2019-20/88 DOR.NBFC (PD) CC. No.102/03.10.001/2019-20 November 04, 2019 All Non-Banking Financial Companies (NBFCs) including Core Investment Companies (CICs) Madam/ Sir, Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies Please refer to paragraph 108 and paragraph 94 of Master Direction - Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Di
Nov 01, 2019
Issue of additional instruments for augmenting regulatory capital for RRBs
RBI/2019-20/87 DOR.RRB.No.21/31.01.001/2019-20 November 01, 2019 The Chairmen All Regional Rural Banks Madam / Sir, Issue of additional instruments for augmenting regulatory capital for RRBs Capital adequacy norms were prescribed for Regional Rural Banks (RRBs) vide circular RPCD.CO.RRB.BC.44/05.03.095/2007-08 dated December 28, 2007, to compute capital to risk weighted assets (CRAR) and disclose it in 'Notes on Accounts' to their Balance Sheets. Further, the ‘risk we
RBI/2019-20/87 DOR.RRB.No.21/31.01.001/2019-20 November 01, 2019 The Chairmen All Regional Rural Banks Madam / Sir, Issue of additional instruments for augmenting regulatory capital for RRBs Capital adequacy norms were prescribed for Regional Rural Banks (RRBs) vide circular RPCD.CO.RRB.BC.44/05.03.095/2007-08 dated December 28, 2007, to compute capital to risk weighted assets (CRAR) and disclose it in 'Notes on Accounts' to their Balance Sheets. Further, the ‘risk we
Oct 31, 2019
Sovereign Gold Bond (SGB) Scheme - Marking of lien
RBI/2019-20/86 IDMD.CDD.No.1145/14.04.050/2019-20 October 30, 2019 All Scheduled Commercial Banks (Excluding RRBs)Designated Post OfficesStock Holding Corporation of India Ltd. (SHCIL)BSE & NSEDepositories/Depository Participants Madam/Sir, Sovereign Gold Bond (SGB) Scheme - Marking of lien As you are aware, the Sovereign Gold Bonds may be used as collateral by both banks and non-bank institutions and the creation of pledge, hypothecation or lien on the bonds shal
RBI/2019-20/86 IDMD.CDD.No.1145/14.04.050/2019-20 October 30, 2019 All Scheduled Commercial Banks (Excluding RRBs)Designated Post OfficesStock Holding Corporation of India Ltd. (SHCIL)BSE & NSEDepositories/Depository Participants Madam/Sir, Sovereign Gold Bond (SGB) Scheme - Marking of lien As you are aware, the Sovereign Gold Bonds may be used as collateral by both banks and non-bank institutions and the creation of pledge, hypothecation or lien on the bonds shal
Oct 25, 2019
Auction of Government of India Dated Securities
RBI/2019-20/85 Ref.No.IDMD/1125/08.02.032/2019-20 October 25, 2019 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 (issue/re-issue) four dated securities for a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in
RBI/2019-20/85 Ref.No.IDMD/1125/08.02.032/2019-20 October 25, 2019 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 (issue/re-issue) four dated securities for a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in
Oct 17, 2019
Alteration in the name of "The Catholic Syrian Bank Limited" to "CSB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2019-20/84 DBR.No.Ret.BC.21/12.07.160/2019-20 October 17, 2019 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of "The Catholic Syrian Bank Limited" to "CSB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "The Catholic Syrian Bank Limited" has been changed to "CSB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from June 10, 2019 by Notification DBR.
RBI/2019-20/84 DBR.No.Ret.BC.21/12.07.160/2019-20 October 17, 2019 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of "The Catholic Syrian Bank Limited" to "CSB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "The Catholic Syrian Bank Limited" has been changed to "CSB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from June 10, 2019 by Notification DBR.
Oct 17, 2019
Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019 (Amended upto January 15, 2025)
Reserve Bank of India Foreign Exchange Department Central Office Mumbai Notification No. FEMA. 395/2019-RB October 17, 2019 (Amended upto January 15, 2025) (Amended upto April 23, 2024) (Amended upto June 15, 2020) Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019 In exercise of the powers conferred by section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and consequent to the Foreign Exchange Management (Non-Debt Instrument) Rules, 2019, the Reserve Bank makes the following regulations relating to mode of payment and reporting requirements for investment in India by a person resident outside India, namely: 1. Short title & commencement:- These regulations may be called the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019. They shall come into force from the date of their publication in the Official Gazette.
Reserve Bank of India Foreign Exchange Department Central Office Mumbai Notification No. FEMA. 395/2019-RB October 17, 2019 (Amended upto January 15, 2025) (Amended upto April 23, 2024) (Amended upto June 15, 2020) Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019 In exercise of the powers conferred by section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and consequent to the Foreign Exchange Management (Non-Debt Instrument) Rules, 2019, the Reserve Bank makes the following regulations relating to mode of payment and reporting requirements for investment in India by a person resident outside India, namely: 1. Short title & commencement:- These regulations may be called the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019. They shall come into force from the date of their publication in the Official Gazette.
Oct 17, 2019
UPDATED:
1 Oct, 2025
Foreign Exchange Management (Debt Instruments) Regulations, 2019 (Amended up to October 01, 2025)
RESERVE BANK OF INDIA (FINANCIAL MARKETS REGULATION DEPARTMENT) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 17th October, 2019 No. FEMA 396/2019-RBForeign Exchange Management (Debt Instruments) Regulations, 2019 G.S.R. 796(E). - In exercise of the powers conferred by clause (a) of sub-section (2) of section 6 and section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in supersession of the Foreign Exchange Management (Transfer of Issue of Security by
RESERVE BANK OF INDIA (FINANCIAL MARKETS REGULATION DEPARTMENT) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 17th October, 2019 No. FEMA 396/2019-RBForeign Exchange Management (Debt Instruments) Regulations, 2019 G.S.R. 796(E). - In exercise of the powers conferred by clause (a) of sub-section (2) of section 6 and section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in supersession of the Foreign Exchange Management (Transfer of Issue of Security by
Oct 14, 2019
Auction of Government of India Dated Securities
RBI/2019-20/82 Ref.No.IDMD/1009/08.02.032/2019-20 October 14, 2019 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) five dated securities for a notified amount of ₹ 16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cror
RBI/2019-20/82 Ref.No.IDMD/1009/08.02.032/2019-20 October 14, 2019 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) five dated securities for a notified amount of ₹ 16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cror
Oct 07, 2019
Auction of Government of India Dated Securities
RBI/2019-20/80 Ref.No.IDMD/933/08.02.032/2019-20 October 07, 2019 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 a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore
RBI/2019-20/80 Ref.No.IDMD/933/08.02.032/2019-20 October 07, 2019 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 a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore
Oct 07, 2019
Expanding and Deepening of Digital Payments Ecosystem
RBI/2019-20/79 FIDD.CO.LBS.BC.No.13/02.01.001/2019-20 October 7, 2019 The Chairmen/ Managing Directors/ Chief Executive Officers All SLBC/ UTLBC Convenor Banks Madam / Dear Sir, Expanding and Deepening of Digital Payments Ecosystem Please refer to para – 8 of Statement on Developmental and Regulatory Policies of the Fourth Bi-Monthly Monetary Policy dated October 4, 2019 on the captioned subject. 2. With a view to expanding and deepening the digital payments ecosystem
RBI/2019-20/79 FIDD.CO.LBS.BC.No.13/02.01.001/2019-20 October 7, 2019 The Chairmen/ Managing Directors/ Chief Executive Officers All SLBC/ UTLBC Convenor Banks Madam / Dear Sir, Expanding and Deepening of Digital Payments Ecosystem Please refer to para – 8 of Statement on Developmental and Regulatory Policies of the Fourth Bi-Monthly Monetary Policy dated October 4, 2019 on the captioned subject. 2. With a view to expanding and deepening the digital payments ecosystem
Oct 04, 2019
Standing Liquidity Facility for Primary Dealers
RBI/2019-20/78 REF.No.MPD.BC.389/07.01.279/2019-20 October 04, 2019 All Primary Dealers, Standing Liquidity Facility for Primary Dealers In the Fourth Bi-monthly Monetary Policy Statement 2019-20 of the Monetary Policy Committee (MPC) of October 4, 2019, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points to 5.15 per cent from 5.40 per cent with immediate effect. 2. Accordingly, the Standing Liquidity Facility provide
RBI/2019-20/78 REF.No.MPD.BC.389/07.01.279/2019-20 October 04, 2019 All Primary Dealers, Standing Liquidity Facility for Primary Dealers In the Fourth Bi-monthly Monetary Policy Statement 2019-20 of the Monetary Policy Committee (MPC) of October 4, 2019, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points to 5.15 per cent from 5.40 per cent with immediate effect. 2. Accordingly, the Standing Liquidity Facility provide
Oct 04, 2019
Marginal Standing Facility
RBI/2019-2020/76 FMOD.MAOG.No.137/01.18.001/2019-20 October 4, 2019 All Marginal Standing Facility (MSF) participants Madam/Sir, Marginal Standing Facility As announced in the Fourth Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.40 per cent to 5.15 per cent with immediate effect. 2. Consequently, the
RBI/2019-2020/76 FMOD.MAOG.No.137/01.18.001/2019-20 October 4, 2019 All Marginal Standing Facility (MSF) participants Madam/Sir, Marginal Standing Facility As announced in the Fourth Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.40 per cent to 5.15 per cent with immediate effect. 2. Consequently, the
Oct 04, 2019
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2019-2020/75 FMOD.MAOG. No.136/01.01.001/2019-20 October 4, 2019 All Liquidity Adjustment Facility (LAF) participants Madam/Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced in the Fourth Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.40 per cent to 5.15 per cent with im
RBI/2019-2020/75 FMOD.MAOG. No.136/01.01.001/2019-20 October 4, 2019 All Liquidity Adjustment Facility (LAF) participants Madam/Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced in the Fourth Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.40 per cent to 5.15 per cent with im
Sep 30, 2019
Sovereign Gold Bond Scheme (SGB) 2019-20 Series V/VI/VII/VIII/IX/X
RBI/2019-20/73 IDMD.CDD.No.890/14.04.050/2019-20 September 30, 2019 The Chairman & Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding Corporation of India Ltd.(SHCIL) National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bond Scheme (SGB) 2019-20 Series V/VI/VII/VIII/IX/X Government of India has vide its Notification F.No.4(7)-B W&M/2019 dated September 30, 20
RBI/2019-20/73 IDMD.CDD.No.890/14.04.050/2019-20 September 30, 2019 The Chairman & Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding Corporation of India Ltd.(SHCIL) National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bond Scheme (SGB) 2019-20 Series V/VI/VII/VIII/IX/X Government of India has vide its Notification F.No.4(7)-B W&M/2019 dated September 30, 20
Sep 30, 2019
Auction of Government of India Dated Securities
RBI/2019-20/72 Ref.No.IDMD/889/08.02.032/2019-20 September 30, 2019 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 (issue/re-issue) five dated securities for a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in
RBI/2019-20/72 Ref.No.IDMD/889/08.02.032/2019-20 September 30, 2019 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 (issue/re-issue) five dated securities for a notified amount of ₹16,000 crore as per the following details: Sr No Security Notified Amount (in
Sep 26, 2019
Recovery of Interest on delayed remittance of Government Receipts into Government Account
RBI/2019-20/70 DGBA.GBD.No.653/42.01.011/2019-20 September 26, 2019 The Chairman and Managing Directors/Managing Director/CEO All Agency Banks Dear Sir / Madam Recovery of Interest on delayed remittance of Government Receipts into Government Account Please refer to our circular DGBA.GAD.No.H-4831/42.01.011/2012-13 dated February 13, 2013 wherein, in order to bring uniformity in the procedure of reporting both central and State government transactions to Reserve Bank,
RBI/2019-20/70 DGBA.GBD.No.653/42.01.011/2019-20 September 26, 2019 The Chairman and Managing Directors/Managing Director/CEO All Agency Banks Dear Sir / Madam Recovery of Interest on delayed remittance of Government Receipts into Government Account Please refer to our circular DGBA.GAD.No.H-4831/42.01.011/2012-13 dated February 13, 2013 wherein, in order to bring uniformity in the procedure of reporting both central and State government transactions to Reserve Bank,
Sep 26, 2019
Remittance of government receipts (physical receipts) to Government account
RBI/2019-20/71 DGBA.GBD.No.661/42.01.011/2019-20 September 26, 2019 All Agency Banks Dear Sir / Madam Remittance of government receipts (physical receipts) to Government account Please refer to the Office Memorandum No. S-11012/1(31)/AC(22)/2015/RBD/332-424 dated March 9, 2016 issued by Office of Controller General of Accounts, Ministry of Finance (copy enclosed) along with our Circulars DGBA.GAD.No.H-11763/42.01.011/2006-07 dated January 24, 2007, DGBA.GAD.No.H-7790/
RBI/2019-20/71 DGBA.GBD.No.661/42.01.011/2019-20 September 26, 2019 All Agency Banks Dear Sir / Madam Remittance of government receipts (physical receipts) to Government account Please refer to the Office Memorandum No. S-11012/1(31)/AC(22)/2015/RBD/332-424 dated March 9, 2016 issued by Office of Controller General of Accounts, Ministry of Finance (copy enclosed) along with our Circulars DGBA.GAD.No.H-11763/42.01.011/2006-07 dated January 24, 2007, DGBA.GAD.No.H-7790/
Sep 25, 2019
Agency Commission- Furnishing reconciliation certificate
RBI/2019-20/69 DGBA.GBD.No.648/31.12.007/2019-20 September 25, 2019 All Agency Banks Dear Sir / Madam Agency Commission- Furnishing reconciliation certificate Please refer to our Circular No RBI/2019-20/21 DGBA.GBD.No.5/31.02.007/2019-20 dated July 31, 2019 related to claiming of agency commission based on which agency banks are submitting two certificates to RBI along with the agency commission claims. 2. It is now been decided that agency banks while claiming agency
RBI/2019-20/69 DGBA.GBD.No.648/31.12.007/2019-20 September 25, 2019 All Agency Banks Dear Sir / Madam Agency Commission- Furnishing reconciliation certificate Please refer to our Circular No RBI/2019-20/21 DGBA.GBD.No.5/31.02.007/2019-20 dated July 31, 2019 related to claiming of agency commission based on which agency banks are submitting two certificates to RBI along with the agency commission claims. 2. It is now been decided that agency banks while claiming agency
Sep 23, 2019
Auction of Government of India Dated Securities
RBI/2019-20/68 Ref.No.IDMD/812/08.02.032/2019-20 September 23, 2019 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 a notified amount of ₹ 17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cro
RBI/2019-20/68 Ref.No.IDMD/812/08.02.032/2019-20 September 23, 2019 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 a notified amount of ₹ 17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cro
Sep 20, 2019
Harmonisation of Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems
RBI/2019-20/67 DPSS.CO.PD No.629/02.01.014/2019-20 September 20, 2019 All Operators and Participants of Authorised Payment Systems Madam / Dear Sir, Harmonisation of Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems Please refer to the Statement on Developmental and Regulatory policies issued as part of Monetary Policy statement dated April 4, 2019 wherein it was proposed that the Reserve Bank would put in place
RBI/2019-20/67 DPSS.CO.PD No.629/02.01.014/2019-20 September 20, 2019 All Operators and Participants of Authorised Payment Systems Madam / Dear Sir, Harmonisation of Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems Please refer to the Statement on Developmental and Regulatory policies issued as part of Monetary Policy statement dated April 4, 2019 wherein it was proposed that the Reserve Bank would put in place
Sep 20, 2019
Priority Sector Lending (PSL) - Classification of Exports under priority Sector
RBI/2019-20/66 FIDD.CO.Plan.BC.12/04.09.01/2019-20 September 20, 2019 The Chairman/Managing Director & CEOsAll Scheduled Commercial Banks including SFBs(Excluding Regional Rural Banks) Madam/Dear Sir, Priority Sector Lending (PSL) – Classification of Exports under priority Sector In order to boost credit to export sector, it has been decided to effect following changes in para 8 of the “Master Direction on Priority Sector Lending-targets and Classification” dated
RBI/2019-20/66 FIDD.CO.Plan.BC.12/04.09.01/2019-20 September 20, 2019 The Chairman/Managing Director & CEOsAll Scheduled Commercial Banks including SFBs(Excluding Regional Rural Banks) Madam/Dear Sir, Priority Sector Lending (PSL) – Classification of Exports under priority Sector In order to boost credit to export sector, it has been decided to effect following changes in para 8 of the “Master Direction on Priority Sector Lending-targets and Classification” dated
Sep 19, 2019
Concurrent Audit System
RBI/2019-20/64 DBS.CO.ARS.No.BC.01/08.91.021/2019-20 September 18, 2019 All Scheduled Commercial Banks (other than Regional Rural Banks), Small Finance Banks, Payments Banks and Local Area Banks Madam/ Dear Sir, Concurrent Audit System Please refer to circular DBS.CO.ARS.No.BC.2/08.91.021/2015-16 dated July 16, 2015 on ‘Concurrent Audit System in Commercial Banks - Revision of RBI's Guidelines’. 2. As you are aware, concurrent audit aims at shortening the interval bet
RBI/2019-20/64 DBS.CO.ARS.No.BC.01/08.91.021/2019-20 September 18, 2019 All Scheduled Commercial Banks (other than Regional Rural Banks), Small Finance Banks, Payments Banks and Local Area Banks Madam/ Dear Sir, Concurrent Audit System Please refer to circular DBS.CO.ARS.No.BC.2/08.91.021/2015-16 dated July 16, 2015 on ‘Concurrent Audit System in Commercial Banks - Revision of RBI's Guidelines’. 2. As you are aware, concurrent audit aims at shortening the interval bet
Sep 19, 2019
Implementation of Section 51-A of Unlawful Activities Prevention Act (UAPA), 1967- Updates to ISIL (Da’esh) & Al-Qaida Sanctions List
RBI/2019-20/65 DBR.AML.BC.No.16/14.06.001/2019-20 September 19, 2019 The Chairpersons/CEOs of all the Regulated Entities Dear Sir/Madam, Implementation of Section 51-A of Unlawful Activities Prevention Act (UAPA), 1967- Updates to ISIL (Da’esh) & Al-Qaida Sanctions List Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on August 09, 2019, in terms of which “Regulated Entities (REs) shall ensure that in term
RBI/2019-20/65 DBR.AML.BC.No.16/14.06.001/2019-20 September 19, 2019 The Chairpersons/CEOs of all the Regulated Entities Dear Sir/Madam, Implementation of Section 51-A of Unlawful Activities Prevention Act (UAPA), 1967- Updates to ISIL (Da’esh) & Al-Qaida Sanctions List Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on August 09, 2019, in terms of which “Regulated Entities (REs) shall ensure that in term
Sep 19, 2019
Priority Sector Targets - Lending to Non-Corporate Farmers - FY 2019-20
RBI/2019-20/63 FIDD.CO.Plan.BC.No.11/04.09.01/2019-20 September 19, 2019 The Chairman/ Managing Director Chief Executive Officer (All Scheduled Commercial Banks including Regional Rural Banks, Small Finance Banks and Foreign banks with more than 20 branches) Dear Sir/ Madam, Priority Sector Targets - Lending to Non-Corporate Farmers – FY 2019-20 Please refer to our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015 advising, inter alia, that the syst
RBI/2019-20/63 FIDD.CO.Plan.BC.No.11/04.09.01/2019-20 September 19, 2019 The Chairman/ Managing Director Chief Executive Officer (All Scheduled Commercial Banks including Regional Rural Banks, Small Finance Banks and Foreign banks with more than 20 branches) Dear Sir/ Madam, Priority Sector Targets - Lending to Non-Corporate Farmers – FY 2019-20 Please refer to our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015 advising, inter alia, that the syst
Sep 16, 2019
Auction of Government of India Dated Securities
RBI/2019-20/62 Ref.No.IDMD/739/08.02.032/2019-20 September 16, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
RBI/2019-20/62 Ref.No.IDMD/739/08.02.032/2019-20 September 16, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
Sep 16, 2019
Bharat Bill Payment System - Expansion of biller categories
RBI/2019-20/61 DPSS.CO.PD.No.605/02.27.020/2019-20 September 16, 2019 The Chairman and Managing Director / Chief Executive OfficerScheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks / Payment Banks / Small Finance BanksBharat Bill Payment System Providers / System Participantsand prospective Bharat Bill Payment Operating Units Madam / Dear Sir, Bharat Bill Payment System - Expansion of bil
RBI/2019-20/61 DPSS.CO.PD.No.605/02.27.020/2019-20 September 16, 2019 The Chairman and Managing Director / Chief Executive OfficerScheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks / Payment Banks / Small Finance BanksBharat Bill Payment System Providers / System Participantsand prospective Bharat Bill Payment Operating Units Madam / Dear Sir, Bharat Bill Payment System - Expansion of bil
Sep 09, 2019
Auction of Government of India Dated Securities
RBI/2019-20/58 Ref.No.IDMD/681/08.02.032/2019-20 September 09, 2019 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 a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
RBI/2019-20/58 Ref.No.IDMD/681/08.02.032/2019-20 September 09, 2019 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 a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
Sep 05, 2019
Change in name of “The Orissa State Co-operative Bank Ltd.” to “The Odisha State Co-operative Bank Ltd” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2019-20/56 DCBR.RCB.No.03/19.51.025/2019-20 Bhadrapada 1, 1941 August 23, 2019 All State Co-operative Banks/ Central Co-operative Banks Madam / Dear Sir Change in name of “The Orissa State Co-operative Bank Ltd.” to “The Odisha State Co-operative Bank Ltd” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “The Orissa State Co-operative Bank Ltd.” has been substituted with “The Odisha State Co-operative Bank Ltd.” in the Secon
RBI/2019-20/56 DCBR.RCB.No.03/19.51.025/2019-20 Bhadrapada 1, 1941 August 23, 2019 All State Co-operative Banks/ Central Co-operative Banks Madam / Dear Sir Change in name of “The Orissa State Co-operative Bank Ltd.” to “The Odisha State Co-operative Bank Ltd” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “The Orissa State Co-operative Bank Ltd.” has been substituted with “The Odisha State Co-operative Bank Ltd.” in the Secon
Sep 05, 2019
Alteration in the name of "IDFC Bank Limited" to "IDFC FIRST Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2019-20/54 DBR.No.Ret.BC.14/12.07.160/2019-20 September 03, 2019 All Scheduled Commercial BanksDear Sir/MadamAlteration in the name of "IDFC Bank Limited" to "IDFC FIRST Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934We advise that the name of " IDFC Bank Limited " has been changed to "IDFC FIRST Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from January 12, 2019 by Notification DBR.PSBD.No.7234
RBI/2019-20/54 DBR.No.Ret.BC.14/12.07.160/2019-20 September 03, 2019 All Scheduled Commercial BanksDear Sir/MadamAlteration in the name of "IDFC Bank Limited" to "IDFC FIRST Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934We advise that the name of " IDFC Bank Limited " has been changed to "IDFC FIRST Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from January 12, 2019 by Notification DBR.PSBD.No.7234
Sep 05, 2019
Exim Bank's Government of India supported Line of Credit of USD 800 million to the Government of the Republic of Maldives
RBI/2019-20/55 A.P. (DIR Series) Circular No.7 September 05, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 800 million to the Government of the Republic of Maldives Export-Import Bank of India (Exim Bank) has entered into an agreement dated March 18, 2019 with the Government of the Republic of Maldives for making available to the latter, a Government of India supported Line of Credit (LoC) of US
RBI/2019-20/55 A.P. (DIR Series) Circular No.7 September 05, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 800 million to the Government of the Republic of Maldives Export-Import Bank of India (Exim Bank) has entered into an agreement dated March 18, 2019 with the Government of the Republic of Maldives for making available to the latter, a Government of India supported Line of Credit (LoC) of US
Aug 30, 2019
Auction of Government of India Dated Securities
RBI/2019-20/52 Ref.No.IDMD/617/08.02.032/2019-20 August 30, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore
RBI/2019-20/52 Ref.No.IDMD/617/08.02.032/2019-20 August 30, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore
Aug 30, 2019
Amendment to Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPIs)
RBI/2019-20/51 DPSS.CO.PD.No.499/02.14.006/2019-20 August 30, 2019 All Prepaid Payment Instrument Issuers Madam / Dear Sir, Amendment to Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPIs) Please refer to paragraph 9.1 (i) (i) of the Master Direction on Issuance and Operation of PPIs issued vide DPSS.CO.PD.No.1164/02.14.006/2017-18 dated October 11, 2017 (PPI-MD). 2. It is advised that the timeline for conversion of minimum detail PPIs to
RBI/2019-20/51 DPSS.CO.PD.No.499/02.14.006/2019-20 August 30, 2019 All Prepaid Payment Instrument Issuers Madam / Dear Sir, Amendment to Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPIs) Please refer to paragraph 9.1 (i) (i) of the Master Direction on Issuance and Operation of PPIs issued vide DPSS.CO.PD.No.1164/02.14.006/2017-18 dated October 11, 2017 (PPI-MD). 2. It is advised that the timeline for conversion of minimum detail PPIs to
Aug 29, 2019
Cash Withdrawal at Points-of-Sale (PoS) Devices
RBI/2019-20/50 DPSS.CO.PD.No.501/02.14.003/2019-20 August 29, 2019 All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks /State Co-operative Banks / District Central Co-operative Banks /All Authorised Card Networks Madam / Dear Sir, Cash Withdrawal at Points-of-Sale (PoS) Devices A reference is invited to the circulars DPSS.CO.PD.No.147/02.14.003/2009-10 dated July 22, 2009, DPSS.CO.PD.No.563/02.14.003/2013-14 dated September 5, 2013 and DPSS.CO.PD.
RBI/2019-20/50 DPSS.CO.PD.No.501/02.14.003/2019-20 August 29, 2019 All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks /State Co-operative Banks / District Central Co-operative Banks /All Authorised Card Networks Madam / Dear Sir, Cash Withdrawal at Points-of-Sale (PoS) Devices A reference is invited to the circulars DPSS.CO.PD.No.147/02.14.003/2009-10 dated July 22, 2009, DPSS.CO.PD.No.563/02.14.003/2013-14 dated September 5, 2013 and DPSS.CO.PD.
Aug 26, 2019
Auction of Government of India Dated Securities
RBI/2019-20/49 Ref.No.IDMD/546/08.02.032/2019-20 August 26, 2019 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 a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore)
RBI/2019-20/49 Ref.No.IDMD/546/08.02.032/2019-20 August 26, 2019 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 a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore)
Aug 26, 2019
Interest Subvention Scheme for Kisan Credit Card (KCC) to Fisheries and Animal Husbandry farmers during the years 2018-19 and 2019-20
RBI/2019-20/48 FIDD.CO.FSD.BC.No.10/05.02.001/2019-20 August 26, 2019 The Chairman / Managing Director & CEOsAll Public & Private Sector Scheduled Commercial Banks Madam/Dear Sir, Interest Subvention Scheme for Kisan Credit Card (KCC) to Fisheries and Animal Husbandry farmers during the years 2018-19 and 2019-20 Please refer to our circular FIDD.CO.FSD.BC.12/05.05.010/2018-19 dated February 4, 2019 extending KCC facility to animal husbandry farmers and fisheri
RBI/2019-20/48 FIDD.CO.FSD.BC.No.10/05.02.001/2019-20 August 26, 2019 The Chairman / Managing Director & CEOsAll Public & Private Sector Scheduled Commercial Banks Madam/Dear Sir, Interest Subvention Scheme for Kisan Credit Card (KCC) to Fisheries and Animal Husbandry farmers during the years 2018-19 and 2019-20 Please refer to our circular FIDD.CO.FSD.BC.12/05.05.010/2018-19 dated February 4, 2019 extending KCC facility to animal husbandry farmers and fisheri
Aug 21, 2019
Processing of e-mandate on cards for recurring transactions
RBI/2019-20/47 DPSS.CO.PD.No.447/02.14.003/2019-20 August 21, 2019 The Chairman / 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 / Payments Banks / Small Finance Banks / Card Payment Networks / Prepaid Payment Instrument Issuers Madam / Dear Sir, Processing of e-mandate on cards for recurring transactions The Reserve B
RBI/2019-20/47 DPSS.CO.PD.No.447/02.14.003/2019-20 August 21, 2019 The Chairman / 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 / Payments Banks / Small Finance Banks / Card Payment Networks / Prepaid Payment Instrument Issuers Madam / Dear Sir, Processing of e-mandate on cards for recurring transactions The Reserve B
Aug 19, 2019
Auction of Government of India Dated Securities
RBI/2019-20/45 Ref.No.IDMD/485/08.02.032/2019-20 August 19, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore)
RBI/2019-20/45 Ref.No.IDMD/485/08.02.032/2019-20 August 19, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore)
Aug 16, 2019
Foreign Exchange Management (Deposit) (Amendment) Regulations, 2019 - Acceptance of Deposits by issue of Commercial Papers
RBI/2019-20/44 A.P. (DIR Series) Circular No. 06 August 16, 2019 To All Category - I Authorised Dealers and Authorised Banks Dear Sir / Madam Foreign Exchange Management (Deposit) (Amendment) Regulations, 2019 – Acceptance of Deposits by issue of Commercial Papers Attention of Authorised Dealers (ADs) is invited to the Foreign Exchange Management (Deposit) Regulations, 2016 notified vide Notification No. FEMA 5(R)/2016-RB dated April 1, 2016, as amended from time to t
RBI/2019-20/44 A.P. (DIR Series) Circular No. 06 August 16, 2019 To All Category - I Authorised Dealers and Authorised Banks Dear Sir / Madam Foreign Exchange Management (Deposit) (Amendment) Regulations, 2019 – Acceptance of Deposits by issue of Commercial Papers Attention of Authorised Dealers (ADs) is invited to the Foreign Exchange Management (Deposit) Regulations, 2016 notified vide Notification No. FEMA 5(R)/2016-RB dated April 1, 2016, as amended from time to t
Aug 15, 2019
Inclusion of “North East Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2019-20/42 DBR.No.Ret.BC.12/12.07.160/2019-20 August 15, 2019 All Scheduled Commercial Banks Dear Sir Inclusion of “North East Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “North East Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.No.31/16.02.010/2019-20 dated July 1, 2019, and published in the Gazette of India (Par
RBI/2019-20/42 DBR.No.Ret.BC.12/12.07.160/2019-20 August 15, 2019 All Scheduled Commercial Banks Dear Sir Inclusion of “North East Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “North East Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.No.31/16.02.010/2019-20 dated July 1, 2019, and published in the Gazette of India (Par
Aug 14, 2019
Usage of ATMs - Free ATM transactions - Clarifications
RBI/2019-20/41 DPSS.CO.PD No. 377/02.10.002/2019-20 August 14, 2019 All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Small Finance Banks / Payment Banks / White Label ATM Operators Madam / Sir, Usage of ATMs – Free ATM transactions – Clarifications Please refer to our circulars DPSS.CO.PD.No. 316/02.10.002/2014-2015 dated August 14, 2014 and DPSS.CO.PD.No. 659/02
RBI/2019-20/41 DPSS.CO.PD No. 377/02.10.002/2019-20 August 14, 2019 All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Small Finance Banks / Payment Banks / White Label ATM Operators Madam / Sir, Usage of ATMs – Free ATM transactions – Clarifications Please refer to our circulars DPSS.CO.PD.No. 316/02.10.002/2014-2015 dated August 14, 2014 and DPSS.CO.PD.No. 659/02
Aug 13, 2019
Direct Benefit Transfer (DBT) Scheme - Implementation
RBI/2019-20/40 FIDD.CO.LBS.BC.No.09/02.01.001/2019-20 August 13, 2019 The Chairmen / Managing Directors & CEOsScheduled Commercial Banks (including Regional Rural Banks),Small Finance Banks and Payments Banks Madam / Dear Sir, Direct Benefit Transfer (DBT) Scheme – Implementation Please refer to Circular RPCD.CO.LBS.BC.No.75/02.01.001/2012-13 dated May 10, 2013 and RPCD.CO.LBS.BC.No.11/02.01.001/2013-14 dated July 9, 2013 regarding the use of Aadhaar to facilitate
RBI/2019-20/40 FIDD.CO.LBS.BC.No.09/02.01.001/2019-20 August 13, 2019 The Chairmen / Managing Directors & CEOsScheduled Commercial Banks (including Regional Rural Banks),Small Finance Banks and Payments Banks Madam / Dear Sir, Direct Benefit Transfer (DBT) Scheme – Implementation Please refer to Circular RPCD.CO.LBS.BC.No.75/02.01.001/2012-13 dated May 10, 2013 and RPCD.CO.LBS.BC.No.11/02.01.001/2013-14 dated July 9, 2013 regarding the use of Aadhaar to facilitate
Aug 13, 2019
Priority Sector Lending - Lending by banks to NBFCs for On-Lending
RBI/2019-20/39 FIDD.CO.Plan.BC.7/04.09.01/2019-20 August 13, 2019 The Chairman/ Managing Director & CEOsAll Scheduled Commercial Banks(Excluding Regional Rural Banks and Small Finance Banks) Dear Sir/ Madam, Priority Sector Lending – Lending by banks to NBFCs for On-Lending In order to boost credit to the needy segment of borrowers, it has been decided that bank credit to registered NBFCs (other than MFIs) for on-lending will be eligible for classification as prio
RBI/2019-20/39 FIDD.CO.Plan.BC.7/04.09.01/2019-20 August 13, 2019 The Chairman/ Managing Director & CEOsAll Scheduled Commercial Banks(Excluding Regional Rural Banks and Small Finance Banks) Dear Sir/ Madam, Priority Sector Lending – Lending by banks to NBFCs for On-Lending In order to boost credit to the needy segment of borrowers, it has been decided that bank credit to registered NBFCs (other than MFIs) for on-lending will be eligible for classification as prio
Aug 09, 2019
Auction of Government of India Dated Securities
RBI/2019-20/38 Ref. No. IDMD/423/08.02.032/2019-20 August 09, 2019 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 a notified amount of ₹ 17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
RBI/2019-20/38 Ref. No. IDMD/423/08.02.032/2019-20 August 09, 2019 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 a notified amount of ₹ 17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
Aug 09, 2019
Amendment to Master Direction (MD) on KYC
RBI/2019-20/37 DBR.AML.BC.No.11/14.01.001/2019-20 August 9, 2019 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Amendment to Master Direction (MD) on KYC Government of India, vide Gazette Notification G.S.R. 381(E) dated May 28, 2019, has notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. 2. The change carried out in the Master Direction in accordance with the aforementioned amendment to the PML Rules i
RBI/2019-20/37 DBR.AML.BC.No.11/14.01.001/2019-20 August 9, 2019 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Amendment to Master Direction (MD) on KYC Government of India, vide Gazette Notification G.S.R. 381(E) dated May 28, 2019, has notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. 2. The change carried out in the Master Direction in accordance with the aforementioned amendment to the PML Rules i
Aug 07, 2019
Change in Bank Rate
RBI/2019-20/36 DBR.No.Ret.BC.10/12.01.001/2019-20 August 07, 2019 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.44/12.01.001/2018-19 dated June 06, 2019, on the captioned subject. 2. As announced in the Third Bi-Monthly Monetary Policy Statement 2019-20 of August 07, 2019, the Bank Rate is revised downwards by 35 basis points from 6.00 per cent to 5.65 per cent with immed
RBI/2019-20/36 DBR.No.Ret.BC.10/12.01.001/2019-20 August 07, 2019 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.44/12.01.001/2018-19 dated June 06, 2019, on the captioned subject. 2. As announced in the Third Bi-Monthly Monetary Policy Statement 2019-20 of August 07, 2019, the Bank Rate is revised downwards by 35 basis points from 6.00 per cent to 5.65 per cent with immed
Aug 07, 2019
Standing Liquidity Facility for Primary Dealers
RBI/2019-20/35 REF.No.MPD.BC.388/07.01.279/2019-20 August 07, 2019 All Primary Dealers, Standing Liquidity Facility for Primary Dealers In the Third Bi-monthly Monetary Policy Statement 2019-20 of the Monetary Policy Committee (MPC) of August 07, 2019, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 35 basis points to 5.40 per cent from 5.75 per cent with immediate effect. 2. Accordingly, the Standing Liquidity Facility provided
RBI/2019-20/35 REF.No.MPD.BC.388/07.01.279/2019-20 August 07, 2019 All Primary Dealers, Standing Liquidity Facility for Primary Dealers In the Third Bi-monthly Monetary Policy Statement 2019-20 of the Monetary Policy Committee (MPC) of August 07, 2019, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 35 basis points to 5.40 per cent from 5.75 per cent with immediate effect. 2. Accordingly, the Standing Liquidity Facility provided
Aug 07, 2019
Marginal Standing Facility
RBI/2019-2020/34 FMOD.MAOG. No.135/01.18.001/2019-20 August 7, 2019 All Marginal Standing Facility (MSF) participants Madam/Sir, Marginal Standing Facility As announced in the Third Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 35 basis points from 5.75 per cent to 5.40 per cent with immediate effect. 2. Consequently, the M
RBI/2019-2020/34 FMOD.MAOG. No.135/01.18.001/2019-20 August 7, 2019 All Marginal Standing Facility (MSF) participants Madam/Sir, Marginal Standing Facility As announced in the Third Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 35 basis points from 5.75 per cent to 5.40 per cent with immediate effect. 2. Consequently, the M
Aug 07, 2019
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2019-2020/33 FMOD.MAOG. No.134/01.01.001/2019-20 August 7, 2019 All Liquidity Adjustment Facility (LAF) participants Madam/Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced in the Third Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 35 basis points from 5.75 per cent to 5.40 per cent with imme
RBI/2019-2020/33 FMOD.MAOG. No.134/01.01.001/2019-20 August 7, 2019 All Liquidity Adjustment Facility (LAF) participants Madam/Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced in the Third Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 35 basis points from 5.75 per cent to 5.40 per cent with imme
Aug 05, 2019
Auction of Government of India Dated Securities
RBI/2019-20/32 Ref.No.IDMD/311/08.02.032/2019-20 August 05, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore
RBI/2019-20/32 Ref.No.IDMD/311/08.02.032/2019-20 August 05, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore
Aug 02, 2019
Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans by NBFCs
RBI/2019-20/30 DNBR (PD) CC.No.101/03.10.001/2019-20 August 02, 2019 All NBFCs Madam / Dear Sir, Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans by NBFCs Please refer to paragraph 30(4) of Chapter VI of Master Direction - Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 and paragraph 30(4) of Chapter V of Master Direction - Non-Banking Financial Company –
RBI/2019-20/30 DNBR (PD) CC.No.101/03.10.001/2019-20 August 02, 2019 All NBFCs Madam / Dear Sir, Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans by NBFCs Please refer to paragraph 30(4) of Chapter VI of Master Direction - Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 and paragraph 30(4) of Chapter V of Master Direction - Non-Banking Financial Company –
Aug 02, 2019
Levy of Foreclosure Charges /Pre-payment Penalty on Floating Rate Term Loans
RBI/2019-20/29 DBR.Dir.BC.No.08/13.03.00/2019-20 August 02, 2019 All Scheduled Commercial Banks (Excluding RRBs) All Small Finance Banks All Local Area Banks Dear Sir / Madam Levy of Foreclosure Charges /Pre-payment Penalty on Floating Rate Term Loans Please refer to our circulars@@NBSP@@DBOD.No.Dir.BC.107/13.03.00/2011-12@@NBSP@@dated June 5, 2012 and DBOD.Dir.BC.No.110/13.03.00/2013-14 dated May 7, 2014, in terms of which banks are not permitted to charge foreclosur
RBI/2019-20/29 DBR.Dir.BC.No.08/13.03.00/2019-20 August 02, 2019 All Scheduled Commercial Banks (Excluding RRBs) All Small Finance Banks All Local Area Banks Dear Sir / Madam Levy of Foreclosure Charges /Pre-payment Penalty on Floating Rate Term Loans Please refer to our circulars@@NBSP@@DBOD.No.Dir.BC.107/13.03.00/2011-12@@NBSP@@dated June 5, 2012 and DBOD.Dir.BC.No.110/13.03.00/2013-14 dated May 7, 2014, in terms of which banks are not permitted to charge foreclosur
Aug 01, 2019
Exim Bank's Government of India supported Line of Credit of USD 38 million to the Government of the Republic of Mozambique
RBI/2019-20/27 A.P. (DIR Series) Circular No. 5 August 01, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 38 million to the Government of the Republic of Mozambique Export-Import Bank of India (Exim Bank) has entered into an agreement dated March 20, 2019 with the Government of the Republic of Mozambique for making available to the latter, a Government of India supported Line of Credit (LoC) of U
RBI/2019-20/27 A.P. (DIR Series) Circular No. 5 August 01, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 38 million to the Government of the Republic of Mozambique Export-Import Bank of India (Exim Bank) has entered into an agreement dated March 20, 2019 with the Government of the Republic of Mozambique for making available to the latter, a Government of India supported Line of Credit (LoC) of U
Aug 01, 2019
Alteration in the name of "The Royal Bank of Scotland plc" to "NatWest Markets Plc" in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2019-20/26DBR.No.Ret.BC.07/12.07.150/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of "The Royal Bank of Scotland plc" to "NatWest Markets Plc" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "The Royal Bank of Scotland plc" has been changed to "NatWest Markets Plc" in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBR.IBD.No.10678/23.03.031/2018-19
RBI/2019-20/26DBR.No.Ret.BC.07/12.07.150/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of "The Royal Bank of Scotland plc" to "NatWest Markets Plc" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "The Royal Bank of Scotland plc" has been changed to "NatWest Markets Plc" in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBR.IBD.No.10678/23.03.031/2018-19
Aug 01, 2019
Cessation of “National Australia Bank” as a banking company within the meaning of sub -section (2) of Section 36 (A) of Banking Regulation Act, 1949
RBI/2019-20/24 DBR.No.Ret.BC.03/12.07.134/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Cessation of “National Australia Bank” as a banking company within the meaning of sub –section (2) of Section 36 (A) of Banking Regulation Act, 1949 We advise that the “National Australia Bank” has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949 vide Notification DBR.IBD.No.10668/23.13.085/2018-19 dated June 24, 2019, an
RBI/2019-20/24 DBR.No.Ret.BC.03/12.07.134/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Cessation of “National Australia Bank” as a banking company within the meaning of sub –section (2) of Section 36 (A) of Banking Regulation Act, 1949 We advise that the “National Australia Bank” has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949 vide Notification DBR.IBD.No.10668/23.13.085/2018-19 dated June 24, 2019, an
Aug 01, 2019
Exclusion of “National Australia Bank” from the Second Schedule of the Reserve Bank of India Act, 1934
RBI/2019-20/25 DBR.No.Ret.BC.04/12.07.134/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Exclusion of “National Australia Bank” from the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “National Australia Bank” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.10667/23.13.085/2018-19 dated June 24, 2019 and published in the Gazette of India (Part III - Section
RBI/2019-20/25 DBR.No.Ret.BC.04/12.07.134/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Exclusion of “National Australia Bank” from the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “National Australia Bank” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.10667/23.13.085/2018-19 dated June 24, 2019 and published in the Gazette of India (Part III - Section
Aug 01, 2019
Inclusion of “Bank of China Limited” in the Second Schedule of the Reserve Bank of India Act, 1934
RBI/2019-20/23 DBR.No.Ret.BC.06/12.06.172/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Inclusion of “Bank of China Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Bank of China Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD. No.10585/23.03.005/ 2018-19 dated June 19, 2019 and published in the Gazette of India (Part III - Section 4) da
RBI/2019-20/23 DBR.No.Ret.BC.06/12.06.172/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Inclusion of “Bank of China Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Bank of China Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD. No.10585/23.03.005/ 2018-19 dated June 19, 2019 and published in the Gazette of India (Part III - Section 4) da
Aug 01, 2019
Inclusion of “Jana Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934
RBI/2019-20/22 DBR.No.Ret.BC.05/12.06.173/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Inclusion of “Jana Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Jana Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.No.499/16.02.011/2019-20 dated July 16, 2019 and published in the Gazette of India (Part III
RBI/2019-20/22 DBR.No.Ret.BC.05/12.06.173/2019-20 August 01, 2019 All Scheduled Commercial Banks Dear Sir/Madam Inclusion of “Jana Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Jana Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.No.499/16.02.011/2019-20 dated July 16, 2019 and published in the Gazette of India (Part III
Jul 30, 2019
External Commercial Borrowings (ECB) Policy - Rationalisation of End-use Provisions
RBI/2019-20/20 A.P. (DIR Series) Circular No. 04 July 30, 2019 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy – Rationalisation of End-use Provisions Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.1.(v) and 2.1.(viii) of Master Direction No.5 dated March 26, 2019 on the above subject in terms of which, inter alia, ECB proceeds cannot be utilised for working capital purposes
RBI/2019-20/20 A.P. (DIR Series) Circular No. 04 July 30, 2019 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy – Rationalisation of End-use Provisions Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.1.(v) and 2.1.(viii) of Master Direction No.5 dated March 26, 2019 on the above subject in terms of which, inter alia, ECB proceeds cannot be utilised for working capital purposes
Jul 29, 2019
Auction of Government of India Dated Securities
RBI/2019-20/19 Ref.No.IDMD/273/08.02.032/2019-20 July 29, 2019 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 a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore)
RBI/2019-20/19 Ref.No.IDMD/273/08.02.032/2019-20 July 29, 2019 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 a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore)
Jul 25, 2019
Exim Bank's Government of India supported Line of Credit of USD 10 million (as first tranche out of USD 50 million) to the Government of Republic of Seychelles
RBI/2019-20/18 A.P. (DIR Series) Circular No. 3 July 25, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 10 million (as first tranche out of USD 50 million) to the Government of Republic of Seychelles Export-Import Bank of India (Exim Bank) has entered into an agreement dated June 25, 2018 with the Government of Republic of Seychelles for making available to the latter, a Government of India suppo
RBI/2019-20/18 A.P. (DIR Series) Circular No. 3 July 25, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 10 million (as first tranche out of USD 50 million) to the Government of Republic of Seychelles Export-Import Bank of India (Exim Bank) has entered into an agreement dated June 25, 2018 with the Government of Republic of Seychelles for making available to the latter, a Government of India suppo
Jul 22, 2019
Auction of Government of India Dated Securities
RBI/2019-20/17 Ref.No.IDMD/198/08.02.032/2019-20 July 22, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore) G
RBI/2019-20/17 Ref.No.IDMD/198/08.02.032/2019-20 July 22, 2019 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) five dated securities for a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore) G
Jul 16, 2019
Foreign Exchange Management (Deposit)(Amendment) Regulations, 2019
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA 5 (R) 2/2019-RB July 16, 2019 Foreign Exchange Management (Deposit)(Amendment) Regulations, 2019 In exercise of the powers conferred by clause (f) of sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 5(R)/2016-RB dated April 01, 2016, the Rese
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA 5 (R) 2/2019-RB July 16, 2019 Foreign Exchange Management (Deposit)(Amendment) Regulations, 2019 In exercise of the powers conferred by clause (f) of sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 5(R)/2016-RB dated April 01, 2016, the Rese
Jul 15, 2019
Auction of Government of India Dated Securities
RBI/2019-20/16 Ref.No.IDMD/133/08.02.032/2019-20 July 15, 2019 All Scheduled Commercial BanksAll 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 a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore) GoI
RBI/2019-20/16 Ref.No.IDMD/133/08.02.032/2019-20 July 15, 2019 All Scheduled Commercial BanksAll 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 a notified amount of ₹17,000 crore as per the following details: Sr No Security Notified Amount (in ₹ crore) GoI
Jul 15, 2019
Auction for Sale (re-issue) of Government Stock (GS)
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated July 15, 2019 NOTIFICATION Auction for Sale (re-issue) of Government Stock (GS) F.No.4(6)W&M/2019: Government of India(GoI) hereby notifies sale (re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in Rs Crore) 7.32% GS 2024 Jan 28, 2019 05-00-00 Jan 28, 2024 Pr
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated July 15, 2019 NOTIFICATION Auction for Sale (re-issue) of Government Stock (GS) F.No.4(6)W&M/2019: Government of India(GoI) hereby notifies sale (re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in Rs Crore) 7.32% GS 2024 Jan 28, 2019 05-00-00 Jan 28, 2024 Pr
Jul 11, 2019
Exim Bank's Government of India supported Line of Credit of USD 24.50 million to the Government of the Republic of Senegal
RBI/2019-20/15 A.P. (DIR Series) Circular No.2 July 11, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 24.50 million to the Government of the Republic of Senegal Export-Import Bank of India (Exim Bank) has entered into an agreement dated August 20, 2018 with the Government of the Republic of Senegal for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 24
RBI/2019-20/15 A.P. (DIR Series) Circular No.2 July 11, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 24.50 million to the Government of the Republic of Senegal Export-Import Bank of India (Exim Bank) has entered into an agreement dated August 20, 2018 with the Government of the Republic of Senegal for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 24
Jul 11, 2019
Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of Independent State of Papua New Guinea
RBI/2019-20/14 A.P. (DIR Series) Circular No.1 July 11, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of Independent State of Papua New Guinea Export-Import Bank of India (Exim Bank) has entered into an agreement dated January 17, 2019 with the Government of the Independent State of Papua New Guinea for making available to the latter, a Government of India supported
RBI/2019-20/14 A.P. (DIR Series) Circular No.1 July 11, 2019 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of Independent State of Papua New Guinea Export-Import Bank of India (Exim Bank) has entered into an agreement dated January 17, 2019 with the Government of the Independent State of Papua New Guinea for making available to the latter, a Government of India supported
Jul 08, 2019
Auction for Sale (issue/re-issue) of Government Stock (GS)
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated July 8, 2019 NOTIFICATION Auction for Sale (issue/re-issue) of Government Stock (GS) F.No.4(6)W&M/2018: Government of India(GoI) hereby notifies sale (issue/re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) New GS 2021 New Stock 02-00-00 Jul 15, 20
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated July 8, 2019 NOTIFICATION Auction for Sale (issue/re-issue) of Government Stock (GS) F.No.4(6)W&M/2018: Government of India(GoI) hereby notifies sale (issue/re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) New GS 2021 New Stock 02-00-00 Jul 15, 20
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