The Reserve Bank of India has imposed monetary penalty on the following banks for violation of regulatory directions / instructions / guidelines, among other things, on KYC norms. The details of the penalty are: S. No. Name of the bank Penalty Amount (in ₹ million) 1. Allahabad Bank 20 2. Bank of India 10 3. Bank of Baroda 50 4. Canara Bank 20 5. Corporation Bank 10 6. HDFC Bank 20 7. IndusInd Bank 20 8. Punjab National Bank 30 9. RBL Bank 10 10. SBBJ 20 11. SBM 10 12

(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 10-Jul-15 24-Jun-2016 * 08-Jul-2016 * 10-Jul-15 24-Jun-2016 * 08-Jul-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1232.09 1402.98 1372.96 1286.14 1469.63 1440.12 ** b) Borrowings from banks 449.67 590.52 617.3 450.59 598.01 621.53 c) Other demand & time liabilities 53.73 102.71 53.16 53.79 102.71 53.16 II LIABILITIES TO OTHERS (A) a) Depo

The Reserve Bank of India has set up an inter regulatory Working Group (WG) to study the entire gamut of regulatory issues relating to Fin Tech and Digital Banking in India. The Working Group has been set up in view of the growing significance of Fin Tech innovations and their interactions with the financial sector as well as the financial sector entities. The Financial Stability and Development Council - Sub Committee (FSDC - SC) at its meeting held on April 26, 2016

(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 26-Jun-15 10-JUN-2016* 24-JUN-2016* 26-Jun-15 10-JUN-2016* 24-JUN-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1188.97 1419.54 1402.98 1242.44 1487.13 1469.63** b) Borrowings from banks 370.38 537.63 590.52 371.27 544.12 598.01 c) Other demand & time liabilities 57.25 72.24 102.71 57.31 72.24 102.71 II LIABILITIES TO OTHERS (A) a) Deposits

The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with National Bank of Cambodia. The MoU was signed by H.E Kim Vada, Director General of Banking Supervision, on behalf of National Bank of Cambodia and Smt Meena Hemchandra, Executive Director, on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and S

The Reserve Bank of India has today placed on its website draft guidelines for computing exposure for counterparty credit risk (CCR) arising from derivative transactions and draft guidelines on capital requirements for bank exposures to central counterparties (CCPs) for comments and feedback. The guidelines are based on the framework finalised by Basel Committee on Banking Supervision (BCBS). The proposed revised guidelines will better capture the risk arising from ov

The Reserve Bank of India (RBI) today issued the Master Direction on Financial Statements- Presentation, Disclosure and Reporting by All India Financial Institutions (AIFIs- EXIM Bank, NABARD, NHB and SIDBI). The Master Direction issued today consolidates all relevant instructions issued by the RBI so far on the subject, with some rationalization of the reporting formats, to these four AIFIs which are regulated by the RBI. These Directions will be applicable to all of

“The cleaning up of bank balance sheets and the restoration of credit growth are vital and related elements in the growth agenda. The government and the Reserve Bank of India are helping our public sector banks in this difficult but critical task.” The Government’s effort in speeding up the debt recovery process and creating a new Bankruptcy system are two important steps towards improving the resolution process; whereas improving governance of public sector banks and

(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 12-JUN- 2015 27-MAY- 2016 * 10-JUN- 2016 * 12-JUN- 2015 27-MAY- 2016 * 10-JUN- 2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1154.43 1471.28 1418.9 1207.58 1537.82 1486.49 ** b) Borrowings from banks 405.61 575.52 534.79 409.52 578.61 541.28 c) Other demand & time liabilities 58.45 110.33 70.95 58.5 110.33 70.95 II LIABILITIES TO OTHERS (A

In order to further strengthen the lenders’ ability to deal with stressed assets and to put real assets back on track by providing an avenue for reworking the financial structure of entities facing genuine difficulties, the Reserve Bank of India has today issued guidelines on a ‘Scheme for Sustainable Structuring of Stressed Assets’. Resolution of large borrowal accounts which are facing severe financial difficulties may, inter-alia, require co-ordinated deep financia