Notifications - Regulating Commercial Banking - RBI - Reserve Bank of India
Notifications
May 23, 2020
Pre-shipment and Post-shipment Export Credit - Extension of Period of Advance
RBI/2019-20/246 DOR.DIR.BC.No.73/04.02.002/2019-20 May 23, 2020 All Scheduled Commercial Banks (excluding RRBs) All Primary Urban Co-operative Banks1 All Small Finance Banks Madam / Dear Sir, Pre-shipment and Post-shipment Export Credit – Extension of Period of Advance Please refer to the Master Circular on ‘Rupee / Foreign Currency Export Credit and Customer Service to Exporters’ issued vide DBR.No.DIR.BC.14/04.02.002/2015-16 dated July 1, 2015 and other associated c
RBI/2019-20/246 DOR.DIR.BC.No.73/04.02.002/2019-20 May 23, 2020 All Scheduled Commercial Banks (excluding RRBs) All Primary Urban Co-operative Banks1 All Small Finance Banks Madam / Dear Sir, Pre-shipment and Post-shipment Export Credit – Extension of Period of Advance Please refer to the Master Circular on ‘Rupee / Foreign Currency Export Credit and Customer Service to Exporters’ issued vide DBR.No.DIR.BC.14/04.02.002/2015-16 dated July 1, 2015 and other associated c
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May 23, 2020
Large Exposures Framework - Increase in Exposure to a Group of Connected Counterparties
RBI/2019-20/243 DOR.No.BP.BC.70/21.01.003/2019-20 May 23, 2020 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir/Madam, Large Exposures Framework – Increase in Exposure to a Group of Connected Counterparties Please refer to our circular No.DBR.No.BP.BC.43/21.01.003/2018-19 dated June 03, 2019 on the captioned subject. In terms of para 5.2 of the circular, the sum of all the exposure values of a bank to a group of connected counterparties must no
RBI/2019-20/243 DOR.No.BP.BC.70/21.01.003/2019-20 May 23, 2020 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir/Madam, Large Exposures Framework – Increase in Exposure to a Group of Connected Counterparties Please refer to our circular No.DBR.No.BP.BC.43/21.01.003/2018-19 dated June 03, 2019 on the captioned subject. In terms of para 5.2 of the circular, the sum of all the exposure values of a bank to a group of connected counterparties must no
May 23, 2020
COVID-19 - Regulatory Package
RBI/2019-20/244 DOR.No.BP.BC.71/21.04.048/2019-20 May 23, 2020 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam/Dear Sir, COVID-19 – Regulatory Package Please refer to the Circular DOR.No.BP.BC.47/21.04.048/
RBI/2019-20/244 DOR.No.BP.BC.71/21.04.048/2019-20 May 23, 2020 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam/Dear Sir, COVID-19 – Regulatory Package Please refer to the Circular DOR.No.BP.BC.47/21.04.048/
May 22, 2020
Change in Bank Rate
RBI/2019-20/240 DOR.No.Ret.BC.74/12.01.001/2019-20 May 22, 2020 All Scheduled and Non Scheduled Banks Dear Sir / Madam Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.53/12.01.001/2019-20 dated March 27, 2020 on the captioned subject. 2. As announced in the Monetary Policy Statement 2020-21 dated May 22, 2020, the Bank Rate is revised downwards by 40 basis points from 4.65 per cent to 4.25 per cent with immediate effect. 3. All penal interest rates on s
RBI/2019-20/240 DOR.No.Ret.BC.74/12.01.001/2019-20 May 22, 2020 All Scheduled and Non Scheduled Banks Dear Sir / Madam Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.53/12.01.001/2019-20 dated March 27, 2020 on the captioned subject. 2. As announced in the Monetary Policy Statement 2020-21 dated May 22, 2020, the Bank Rate is revised downwards by 40 basis points from 4.65 per cent to 4.25 per cent with immediate effect. 3. All penal interest rates on s
May 13, 2020
Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit- Extension
RBI/2019-20/231 DOR.Dir.BC.No.69/04.02.001/2019-20 May 13, 2020 All Scheduled Commercial Banks (excluding RRBs) Small Finance Banks, Primary (Urban) Cooperative Banks and EXIM Bank Dear Sir / Madam, Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit-Extension Please refer to the operational instructions for the captioned Scheme contained in RBI circular on Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit issued vide DBR.
RBI/2019-20/231 DOR.Dir.BC.No.69/04.02.001/2019-20 May 13, 2020 All Scheduled Commercial Banks (excluding RRBs) Small Finance Banks, Primary (Urban) Cooperative Banks and EXIM Bank Dear Sir / Madam, Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit-Extension Please refer to the operational instructions for the captioned Scheme contained in RBI circular on Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit issued vide DBR.
Apr 30, 2020
Submission of regulatory returns - Extension of timelines
RBI/2019-20/228 DOR.BP.BC.No.68/21.04.018/2019-20 April 29, 2020 All Scheduled Commercial Banks(including RRBs and Small Finance Banks), Payments Banks and Local Area Banks,All India Financial Institutions,All Co-operative Banks, Madam / Dear Sir, Submission of regulatory returns - Extension of timelines In order to mitigate the difficulties in timely submission of various regulatory returns, in view of disruptions on account of COVID-19 pandemic, it has been decided
RBI/2019-20/228 DOR.BP.BC.No.68/21.04.018/2019-20 April 29, 2020 All Scheduled Commercial Banks(including RRBs and Small Finance Banks), Payments Banks and Local Area Banks,All India Financial Institutions,All Co-operative Banks, Madam / Dear Sir, Submission of regulatory returns - Extension of timelines In order to mitigate the difficulties in timely submission of various regulatory returns, in view of disruptions on account of COVID-19 pandemic, it has been decided
Apr 23, 2020
Electronic Cards for Overdraft Accounts
RBI/2019-20/225 DOR.FSD.BC.No.67/24.01.041/2019-20 April 23, 2020 All Scheduled Commercial Banks Madam / Dear Sir, Electronic Cards for Overdraft Accounts Please refer to Para II.2 of ‘Master Circular on Credit Card, Debit Card and Rupee Denominated Co-branded Pre-paid Card Operations of Banks and Credit Card issuing NBFCs’ dated July 1, 2015 wherein banks have been permitted to issue debit cards to customers having Saving Bank/Current Accounts but not to cash credit/
RBI/2019-20/225 DOR.FSD.BC.No.67/24.01.041/2019-20 April 23, 2020 All Scheduled Commercial Banks Madam / Dear Sir, Electronic Cards for Overdraft Accounts Please refer to Para II.2 of ‘Master Circular on Credit Card, Debit Card and Rupee Denominated Co-branded Pre-paid Card Operations of Banks and Credit Card issuing NBFCs’ dated July 1, 2015 wherein banks have been permitted to issue debit cards to customers having Saving Bank/Current Accounts but not to cash credit/
Apr 20, 2020
Internal ML/TF risk assessment by REs - Amendment to Master Direction (MD) on KYC
RBI/2019-20/221DOR.AML.BC.No.66/14.01.001/2019-20 April 20, 2020 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Internal ML/TF risk assessment by REs - Amendment to Master Direction (MD) on KYC The Master Direction on KYC dated February 25, 2016, is hereby updated to reflect the following changes in line with Rule 9(13) of the PML Rules 2005: A new section (5A) has been added to chapter II of the MD on KYC requiring REs to carry out ‘Money Launde
RBI/2019-20/221DOR.AML.BC.No.66/14.01.001/2019-20 April 20, 2020 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Internal ML/TF risk assessment by REs - Amendment to Master Direction (MD) on KYC The Master Direction on KYC dated February 25, 2016, is hereby updated to reflect the following changes in line with Rule 9(13) of the PML Rules 2005: A new section (5A) has been added to chapter II of the MD on KYC requiring REs to carry out ‘Money Launde
Apr 17, 2020
COVID19 Regulatory Package - Asset Classification and Provisioning
RBI/2019-20/220DOR.No.BP.BC.63/21.04.048/2019-20 April 17, 2020 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam/Dear Sir, COVID19 Regulatory Package - Asset Classification and Provisioning Please refer to t
RBI/2019-20/220DOR.No.BP.BC.63/21.04.048/2019-20 April 17, 2020 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam/Dear Sir, COVID19 Regulatory Package - Asset Classification and Provisioning Please refer to t
Apr 17, 2020
COVID19 Regulatory Package - Review of Resolution Timelines under the Prudential Framework on Resolution of Stressed Assets
RBI/2019-20/219DOR.No.BP.BC.62/21.04.048/2019-20 April 17, 2020 All Scheduled Commercial Banks (excluding Regional Rural Banks); All India Financial Institutions (NABARD, NHB, EXIM Bank, and SIDBI); All Systemically Important Non-Deposit taking Non-Banking Financial Companies (NBFC-ND-SI) and Deposit taking Non-Banking Financial Companies (NBFC-D). Madam/Dear Sir, COVID19 Regulatory Package – Review of Resolution Timelines under the Prudential Framework on Resolution
RBI/2019-20/219DOR.No.BP.BC.62/21.04.048/2019-20 April 17, 2020 All Scheduled Commercial Banks (excluding Regional Rural Banks); All India Financial Institutions (NABARD, NHB, EXIM Bank, and SIDBI); All Systemically Important Non-Deposit taking Non-Banking Financial Companies (NBFC-ND-SI) and Deposit taking Non-Banking Financial Companies (NBFC-D). Madam/Dear Sir, COVID19 Regulatory Package – Review of Resolution Timelines under the Prudential Framework on Resolution
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Page Last Updated on: November 23, 2022
