Please refer to instructions on Updation/ Periodic Updation of KYC as contained in paragraph 38 of Master Direction - Know Your Customer (KYC) Direction, 2016 dated February 25, 2016 (as amended from time to time). Reserve Bank has released today the draft circular on Updation/ Periodic Updation of KYC – Revised Instructions which encloses the draft Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025 modifying the aforementioned instructions.

The Reserve Bank of India (RBI) has decided to grant “in-principle” approval to Emirates NBD Bank PJSC for setting up a Wholly Owned Subsidiary (WOS) in India, under the “Scheme for Setting up of WOS by foreign banks in India”.

The Reserve Bank had, on December 19, 2023, issued guidelines relating to investment by the regulated entities (REs) in Alternative Investment Funds (AIFs), with the objective of addressing certain concerns relating to possible evergreening through this route. Subsequently, certain clarifications were issued vide circular dated March 27, 2024.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 03-May-2024 18-Apr-2025* 02-May-2025* 03-May-2024 18-Apr-2025* 02-May-2025* LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 291055.36 346519.46 350035.11 295223.02 352576.56 356073.79** b) Borrowings from banks 167685.78 105133.47 110267.74 167685.78 105135.36 110368.75 c) Other demand & time liabilities 76526.46 23924.94 23236.44 76795.51 24211.61 23597.28 LIABILITIES TO OTHERS (A)

Reserve Bank of India has from time to time issued various directions and circulars on digital lending by Regulated Entities (REs). As part of the efforts to consolidate various regulatory instructions and streamline them, consolidated directions on the subject have been prepared and issued as the Reserve Bank of India (Digital Lending) Directions, 2025 today. 2. Further, instructions on the following two aspects have also been included as part of these Directions for the first time:

The Reserve Bank issued a draft circular on July 25, 2024 on ‘Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR) – Review of Haircuts on High Quality Liquid Assets (HQLA) and Run-off Rates on Certain Categories of Deposits’. The draft circular proposed certain amendments to the LCR framework and invited comments from banks and stakeholders. 2. The feedback received has been

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 05-Apr-2024 21-Mar-2025* 04-Apr-2025* 05-Apr-2024 21-Mar-2025* 04-Apr-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 311538.58 309413.69 341552.68 316377.56 315674.68 347987.06** b) Borrowings from banks 176357.08 111975.77 105753.36 176367.15 112026.94 105753.36 c) Other demand & time liabilities 73116.43 29915.64 23126.31 73356.21 30309.78 23437.00

The Reserve Bank is committed to achieving end-to-end digitization of all internal workflows involved in regulatory approval processes to enhance efficiency, transparency, and timeliness in service delivery. To this end, the Reserve Bank had launched PRAVAAH (Platform for Regulatory Application, Validation And AutHorisation) portal on May 28, 2024 to streamline online applications for regulatory authorisations, licenses, and approvals ensuring seamless, secure and faster delivery of services in a transparent manner.

In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies today, the Reserve Bank has released the draft Directions on the following subjects: i) Reserve Bank of India (Securitisation of Stressed Assets) Directions, 2025 ii) Reserve Bank of India (Co-Lending Arrangements) Directions, 2025 iii) Reserve Bank of India (Lending Against Gold Collateral) Directions, 2025 iv) Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 22-Mar-2024 07-Mar-2025* 21-Mar-2025* 22-Mar-2024 07-Mar-2025* 21-Mar-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 294470.87 284322.01 309413.40 298451.61 289252.56 315674.39** b) Borrowings from banks 182428.71 113375.74 112450.27 182565.72 113395.68 112501.44 c) Other demand & time liabilities 72451.70 38843.52 29906.64 73099.81 39214.14 30300.78