Notifications

Formation of new district in the State of Tamil Nadu - Assignment of Lead Bank Responsibility

RBI/2021-22/22 FIDD.CO.LBS.BC.No.09/02.08.001/2021-22 April 20, 2021 The Chairmen / Managing Directors & Chief Executive Officers All Lead Banks Madam/ Dear Sir, Formation of new district in the State of Tamil Nadu – Assignment of Lead Bank Responsibility The Government of Tamil Nadu vide Gazette Notifications G.O.Ms. No.797 dated December 28, 2020 had notified the formation of a new district in the State of Tamil Nadu. It has been decided to assign the lead bank

RBI/2021-22/22 FIDD.CO.LBS.BC.No.09/02.08.001/2021-22 April 20, 2021 The Chairmen / Managing Directors & Chief Executive Officers All Lead Banks Madam/ Dear Sir, Formation of new district in the State of Tamil Nadu – Assignment of Lead Bank Responsibility The Government of Tamil Nadu vide Gazette Notifications G.O.Ms. No.797 dated December 28, 2020 had notified the formation of a new district in the State of Tamil Nadu. It has been decided to assign the lead bank

Formation of new district in the State of Tamil Nadu - Assignment of Lead Bank Responsibility

Implementation of Section 51A of UAPA, 1967 and Security Council Resolution: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List & Democratic People’s Republic of Korea (DPRK)Order, 2017

RBI/2021-22/19 DoR.AML.REC.03/14.06.001/2021-22 April 08, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967 and Security Council Resolution: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List & Democratic People’s Republic of Korea (DPRK)Order, 2017 Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on April 01, 2021, i

RBI/2021-22/19 DoR.AML.REC.03/14.06.001/2021-22 April 08, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967 and Security Council Resolution: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List & Democratic People’s Republic of Korea (DPRK)Order, 2017 Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on April 01, 2021, i

Implementation of Section 51A of UAPA, 1967 and Security Council Resolution: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List & Democratic People’s Republic of Korea (DPRK)Order, 2017

External Commercial Borrowings (ECB) Policy - Relaxation in the period of parking of unutilised ECB proceeds in term deposits

RBI/2021-22/16 A.P. (DIR Series) Circular No. 01 April 07, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy – Relaxation in the period of parking of unutilised ECB proceeds in term deposits Please refer to paragraph 12 of the Governor’s Statement on Developmental and Regulatory Policies dated April 07, 2021. In this connection, attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph

RBI/2021-22/16 A.P. (DIR Series) Circular No. 01 April 07, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy – Relaxation in the period of parking of unutilised ECB proceeds in term deposits Please refer to paragraph 12 of the Governor’s Statement on Developmental and Regulatory Policies dated April 07, 2021. In this connection, attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph

External Commercial Borrowings (ECB) Policy - Relaxation in the period of parking of unutilised ECB proceeds in term deposits

Priority Sector Lending (PSL) - Lending by banks to NBFCs for On-Lending

RBI/2021-22/15 FIDD.CO.Plan.BC.No.8/04.09.01/2021-22 April 7, 2021 The Chairman/ Managing DirectorChief Executive OfficerAll Scheduled Commercial Banks(Excluding Regional Rural Banks, Small Finance Banks, Urban Co-operative Banks and Local Area Banks) Dear Sir/Madam Priority Sector Lending (PSL) - Lending by banks to NBFCs for On-Lending Please refer to our Circular No. RBI/2019-20/179 FIDD.CO.Plan.BC.No.19/04.09.01/2019-20 dated March 23, 2020 advising, inter alia, t

RBI/2021-22/15 FIDD.CO.Plan.BC.No.8/04.09.01/2021-22 April 7, 2021 The Chairman/ Managing DirectorChief Executive OfficerAll Scheduled Commercial Banks(Excluding Regional Rural Banks, Small Finance Banks, Urban Co-operative Banks and Local Area Banks) Dear Sir/Madam Priority Sector Lending (PSL) - Lending by banks to NBFCs for On-Lending Please refer to our Circular No. RBI/2019-20/179 FIDD.CO.Plan.BC.No.19/04.09.01/2019-20 dated March 23, 2020 advising, inter alia, t

Priority Sector Lending (PSL) - Lending by banks to NBFCs for On-Lending

Priority Sector Lending (PSL) - Increase in limits for bank lending against Negotiable Warehouse Receipts (NWRs) / electronic Negotiable Warehouse Receipts (eNWRs)

RBI/2021-22/14 FIDD.CO.Plan.BC.No.7/04.09.01/2021-22 April 7, 2021 The Chairman / Managing Director/ Chief Executive Officer [All Commercial Banks including Regional Rural Banks, Small Finance Banks, Local Area Banks andPrimary (Urban) Co-operative Banks other than Salary Earners’ Banks] Dear Sir/Madam Priority Sector Lending (PSL) – Increase in limits for bank lending against Negotiable Warehouse Receipts (NWRs) / electronic Negotiable Warehouse Receipts (eNWRs) Plea

RBI/2021-22/14 FIDD.CO.Plan.BC.No.7/04.09.01/2021-22 April 7, 2021 The Chairman / Managing Director/ Chief Executive Officer [All Commercial Banks including Regional Rural Banks, Small Finance Banks, Local Area Banks andPrimary (Urban) Co-operative Banks other than Salary Earners’ Banks] Dear Sir/Madam Priority Sector Lending (PSL) – Increase in limits for bank lending against Negotiable Warehouse Receipts (NWRs) / electronic Negotiable Warehouse Receipts (eNWRs) Plea

Priority Sector Lending (PSL) - Increase in limits for bank lending against Negotiable Warehouse Receipts (NWRs) / electronic Negotiable Warehouse Receipts (eNWRs)

Amendment to Master Direction (MD) on KYC - KYC norms for Self Help Groups (SHGs)

RBI/2021-22/10 DOR.AML.BC.No.1/14.01.001/2021-22 April 1, 2021 The Chairpersons/ CEOs of all the banks Madam/Sir, Amendment to Master Direction (MD) on KYC – KYC norms for Self Help Groups (SHGs) Please refer to Section 43 of the Master Direction on KYC dated February 25, 2016 as amended from time to time, wherein simplified norms for Self Help Groups (SHGs) have been stipulated. 2. In this regard, on a review, it has been decided to amend clause (c) of Section 43 to

RBI/2021-22/10 DOR.AML.BC.No.1/14.01.001/2021-22 April 1, 2021 The Chairpersons/ CEOs of all the banks Madam/Sir, Amendment to Master Direction (MD) on KYC – KYC norms for Self Help Groups (SHGs) Please refer to Section 43 of the Master Direction on KYC dated February 25, 2016 as amended from time to time, wherein simplified norms for Self Help Groups (SHGs) have been stipulated. 2. In this regard, on a review, it has been decided to amend clause (c) of Section 43 to

Amendment to Master Direction (MD) on KYC - KYC norms for Self Help Groups (SHGs)

Framework for processing of e-mandates for recurring online transactions

RBI/2020-21/118 CO.DPSS.POLC.No.S34/02-14-003/2020-2021 March 31, 2021 The Chairman / Managing Director / Chief Executive OfficerAll 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 / Local Area Banks / Card Payment Networks /Non-bank Prepaid Payment Instrument Issuers /National Payments Corporation of India Madam / Dear Sir, Frame

RBI/2020-21/118 CO.DPSS.POLC.No.S34/02-14-003/2020-2021 March 31, 2021 The Chairman / Managing Director / Chief Executive OfficerAll 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 / Local Area Banks / Card Payment Networks /Non-bank Prepaid Payment Instrument Issuers /National Payments Corporation of India Madam / Dear Sir, Frame

Framework for processing of e-mandates for recurring online transactions

Guidelines on Regulation of Payment Aggregators and Payment Gateways

RBI/2020-21/117 CO.DPSS.POLC.No.S33/02-14-008/2020-2021 March 31, 2021 All Payment System Providers and Payment System Participants Madam / Dear Sir, Guidelines on Regulation of Payment Aggregators and Payment Gateways We invite a reference to our circular DPSS.CO.PD.No.1810/02.14.008/2019-20 dated March 17, 2020 (as updated from time to time) and the clarification dated September 17, 2020 issued on the subject (Annex). Accordingly, neither the authorised Payment Aggr

RBI/2020-21/117 CO.DPSS.POLC.No.S33/02-14-008/2020-2021 March 31, 2021 All Payment System Providers and Payment System Participants Madam / Dear Sir, Guidelines on Regulation of Payment Aggregators and Payment Gateways We invite a reference to our circular DPSS.CO.PD.No.1810/02.14.008/2019-20 dated March 17, 2020 (as updated from time to time) and the clarification dated September 17, 2020 issued on the subject (Annex). Accordingly, neither the authorised Payment Aggr

Guidelines on Regulation of Payment Aggregators and Payment Gateways

Investment by Foreign Portfolio Investors (FPI): Investment limits

RBI/2020-21/116 A.P. (DIR Series) Circular No. 14 March 31, 2021 To, All Authorized Persons Madam / Sir Investment by Foreign Portfolio Investors (FPI): Investment limits Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 1 to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA.396/2019-RB dated October 17, 2019, as amended from time to time and the relevant Directions issued ther

RBI/2020-21/116 A.P. (DIR Series) Circular No. 14 March 31, 2021 To, All Authorized Persons Madam / Sir Investment by Foreign Portfolio Investors (FPI): Investment limits Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 1 to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA.396/2019-RB dated October 17, 2019, as amended from time to time and the relevant Directions issued ther

Investment by Foreign Portfolio Investors (FPI): Investment limits

Special Clearing operations on March 31, 2021

RBI/2020-21/114 DPSS.CO.RPPD.No./SUO 28065/03.01.02/2020-21 March 26, 2021 The Chairman and 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 / Local Area Banks / Payment Banks / Small Finance Banks / National Payments Corporation of India Madam / Dear Sir, Special Clearing operations on March 31, 2021 A reference is invit

RBI/2020-21/114 DPSS.CO.RPPD.No./SUO 28065/03.01.02/2020-21 March 26, 2021 The Chairman and 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 / Local Area Banks / Payment Banks / Small Finance Banks / National Payments Corporation of India Madam / Dear Sir, Special Clearing operations on March 31, 2021 A reference is invit

Special Clearing operations on March 31, 2021