The Reserve Bank of India has today announced the names of the members of the Standing External Advisory Committee (SEAC) for evaluating applications for Universal Banks as well as Small Finance Banks. The tenure of the SEAC will be for three years. The composition of SEAC is: 1. Shri M. K. Jain, former Deputy Governor, Reserve Bank of India Chairperson 2. Ms. Revathy Iyer, Director, Central Board, Reserve Bank of India Member

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 29-Dec-23 13-Dec-2024* 27-Dec-2024* 29-Dec-23 13-Dec-2024* 27-Dec-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 266042.93 310793.89 291560.95 269437.45 315564.52 296159.93** b) Borrowings from banks 189078.33 131991.65 138334.17 189114.33 132026.65 138393.41 c) Other demand & time liabilities 69625.55 24423.19 26605.81 70324.03 24724.99 26928.6

The Reserve Bank of India has today issued the Master Direction – Reserve Bank of India (Credit Information Reporting) Directions, 2025. The Master Direction consolidates the existing instructions on credit information reporting and dissemination, issued to the regulated entities (REs) of the Reserve Bank.

During the quarter ended December 31, 2024, the Reserve Bank of India has received one application under the Guideline

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 15-Dec-2023 29-Nov-2024* 13-Dec-2024* 15-Dec-2023 29-Nov-2024* 13-Dec-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 276840.69 273721.88 310793.89 280287.73 278500.30 315564.52** b) Borrowings from banks 192669.26 137597.04 131991.65 192698.15 137620.00 132026.65 c) Other demand & time liabilities 70471.58 24717.72 24455.24 71176.89 25053.36 24757.03

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 01-Dec-2023 15-Nov-2024* 29-Nov-2024* 01-Dec-2023 15-Nov-2024* 29-Nov-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 249012.95 286037.41 273721.88 252864.88 291221.79 278500.30** b) Borrowings from banks 200300.56 135263.61 136378.04 200371.41 135338.08 136401.00 c) Other demand & time liabilities 71526.81 24650.32 24840.15 72234.28 25006.84 25175.79

(Amount in ₹ Crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 17-Nov-2023 01-Nov-2024* 15-Nov-2024* 17-Nov-2023 01-Nov-2024* 15-Nov-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 241123.09 289863.65 285900.51 244489.67 294354.23 291084.89** b) Borrowings from banks 187366.53 135897.86 136118.41 187461.76 136048.36 136192.88 c) Other demand & time liabilities 71762.95 24969.58 24937.38 72490.30 25304.29 25293.90

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 03-Nov-2023 18-Oct-2024* 01-Nov-2024* 03-Nov-2023 18-Oct-2024* 01-Nov-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 242686.82 294002.82 290287.21 246091.59 298612.42 294777.80** b) Borrowings from banks 195603.05 130776.35 135892.91 196154.31 130806.35 136043.42 c) Other demand & time liabilities 72833.36 23257.12 24605.44 73572.48 23586.00 24940.14

SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) under the same bucketing structure as in the 2023 list of D-SIBs. The additional Common Equity Tier 1 (CET1) requirement for these D-SIBs will be in addition to the capital conservation buffer.

The Financial Action Task Force (FATF) vide public document ‘High-Risk Jurisdictions subject to a Call for Action’ – October 25, 2024, has called on its members and other jurisdictions to refer to the statement on Democratic People’s Republic of Korea (DPRK) and Iran adopted in February 2020 which remains in effect. Further, Myanmar was added to the list of High-Risk Jurisdictions subject to a Call for Action in the October 2022 FATF plenary and FATF has called on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risk arising from Myanmar. When applying enhanced due diligence measures, countries have been advised to ensure that flows of funds for humanitarian assistance, legitimate NPO activity and remittances are not disrupted. The status of Myanmar in the list of countries subject to a call for action, remains unchanged.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 20-Oct-2023 04-Oct-2024* 18-Oct-2024* 20-Oct-2023 04-Oct-2024* 18-Oct-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 240291.21 287920.78 294002.82 244279.94 292252.74 298612.42** b) Borrowings from banks 200948.20 127899.61 130776.35 201039.57 127950.17 130806.35 c) Other demand & time liabilities 71636.68 22225.29 23256.84 72437.00 22565.39 23585.72

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 06-Oct-2023 20-Sep-2024* 04-Oct-2024* 06-Oct-2023 20-Sep-2024* 04-Oct-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 233633.16 305203.01 287752.63 235968.24 309831.75 292084.59** b) Borrowings from banks 199276.58 134095.86 128068.94 199285.58 134219.35 128119.50 c) Other demand & time liabilities 71823.77 22841.08 22578.52 72475.18 23153.09 22918.62 II LIABILITIES TO OTHERS (A)

The Reserve Bank of India today released the draft circular on ‘Forms of Business and Prudential Regulation for Investments’. Comments on the draft circular are invited from banks and other stakeholders by November 20, 2024.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 22-Sep-2023 06-Sep-2024* 20-Sep-2024* 22-Sep-2023 06-Sep-2024* 20-Sep-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 238947.16 298116.19 305242.17 241286.78 302401.77 309870.91** b) Borrowings from banks 195119.20 128865.30 134120.98 195203.10 129153.89 134244.47 c) Other demand & time liabilities 70559.31 23518.75 22914.77 70625.00 23846.90 23226.77

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 08-Sep-2023 23-Aug-2024* 06-Sep-2024* 08-Sep-2023 23-Aug-2024* 06-Sep-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 248727.47 294896.40 297810.00 251106.12 298809.39 302095.57** b) Borrowings from banks 188137.55 126681.45 128865.30 188207.97 126693.70 129153.89 c) Other demand & time liabilities 69409.90 77788.66 23520.31 70117.34 78091.61 23848.47 II LIABILITIES TO OTHERS (A) a) Deposits (other than from banks) 19388696.45 21325126.04 21549984.81 19828360.43 21775041.27 22001736.24 i) Demand 2199179.49 2446039.12 2456817.43 2244723.98 2494144.42 2505222.10

(Amount in ₹ Crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 25-Aug-2023 09-Aug-2024* 23-Aug-2024* 25-Aug-2023 09-Aug-2024* 23-Aug-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 241128.05 292345.35 295815.45 243491.28 296541.45 299728.44** b) Borrowings from banks 199018.30 130962.87 126866.69 199138.00 130982.37 126878.94 c) Other demand & time liabilities 68276.33 76963.58 77788.62 68978.29 77260.31 78091.57

(Amount in ₹ crore)  SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 11-Aug-2023 26-Jul-2024* 09-Aug-2024* 11-Aug-2023 26-Jul-2024* 09-Aug-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 252628.38 281244.55 291409.31 254828.96 285332.96 295605.42** b) Borrowings from banks 190016.45 138751.80 130893.83 190103.13 138778.69 130913.33 c) Other demand & time liabilities 67598.24 75507.30 76787.54 68310.20 75768.13 77084.27 II LIABILITIES TO OTHERS (A) a) Deposits (other than from banks) 19237925.20 21193710.22 21328461.29 19678912.96 21647187.77 21779721.76

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 28-Jul-2023 12-Jul-2024* 26-Jul-2024* 28-Jul-2023 12-Jul-2024* 26-Jul-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 246355.08 277025.27 281124.93 248613.62 281004.70 285213.34 b) Borrowings from banks 193269.47 137361.61 138751.80 193383.48 137371.11 138778.69 c) Other demand & time liabilities 66076.62 75090.42 75247.02 66775.50 75387.79 75507.85 II LIABILITIES TO OTHERS (A)

Regulated Entities (REs) generally use various models as part of their credit management, including for credit appraisal, borrower scoring, pricing, risk management, etc. With a view to addressing potential risks from use of such models and ensuring robustness in the process of model deployment by REs for credit decisions, the Reserve Bank of India today released the draft circular on ‘Regulatory Principles for Management of Model Risks in Credit’. The Comments on the draft circular are invited from public/stakeholders by September 4, 2024.

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) for the month of July 2024 are presented in Tables 1 to 7.