RBI/2024-25/14 DOR.RET.REC.10/12.07.160/2024-25 April 05, 2024 All Commercial and Co-operative Banks Madam / Dear Sir,

RBI/2023-24/142 DCM (CC) No.  S3425/ 03.41.01/ 2024-25 March 27, 2024 All Currency Chest holding banks Madam / Dear Sir Currency Chests (CCs) operations on March 31, 2024

RBI/2023-24/141 CO.DPSS.RPPD.No.S1193/03-01-002/2023-2024 March 27, 2024 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

RBI/DOR/2023-24/140 DOR.STR.REC. 85/21.04.048/2023-24 March 27, 2024 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies)

RBI/2023-24/139 FIDD.CO.LBS.BC.No.16/02.08.001/2023-24 March 22, 2024 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir,

RBI/2023-24/138 CO.DGBA.GBD.No.S1252/42-01-029/2023-2024 March 22, 2024 All Agency Banks Madam/Dear Sir, Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2023-24) All Government transactions 

Reserve Bank of India is entrusted with regulating the currency and credit system of the country to its advantage so as to maintain stability of the financial system. To this end, Reserve Bank prescribes necessary regulatory framework for its Regulated Entities (REs). With the growth of the REs in terms of number as well as scale of operations, increase in adoption of innovative technologies and enhanced customer outreach, a need is felt to develop better industry standards for self-regulation.

RBI/2023-24/137 DOR.SOG (LEG).REC/84/09.08.024/2023-24 March 20, 2024 All Agency Banks Madam / Dear Sir All Agency Banks to remain open for public on March 31, 2024 (Sunday) The Government of India has made a request to keep all branches of the banks dealing with Government receipts and payments open for transactions on March 31, 2024 (Sunday) so as to account for all the Government transactions relating to receipts and payments in the FY 2023-24 itself. Accordingly, Agency Banks are advised to keep all their branches dealing with government business open on March 31, 2024 (Sunday).

RBI/2023-24/136 CO.DGBA.GBD.No.S1234/31-12-010/2023-2024 March 13, 2024 All Agency banks Madam / Dear Sir, Cut-off time for uploading of GST, ICEGATE and TIN 2.0 luggage files

RBI/2023-24/135 DGBA.GBD.No.S1217/42-01-029/2023-2024 March 13, 2024 All Agency Banks Madam/Dear Sir, Reporting and Accounting of Central Government transactions for March 2024

RBI/2023-24/134 DOR. AML.REC.83/14.06.001/2023-24 March 11, 2024 The Chairpersons/ CEOs of all the Regulated Entities

RBI/2023-24/133 DOR. AML. REC. 82/14.06.001/2023-24 March 08, 2024 The Chairpersons / CEOs of all the Regulated Entities Madam / Dear Sir,Designation of an individual under clause (a) of Sub-section (1) and Sub-section (2) of Section 35 of the Unlawful Activities (Prevention) Act (UAPA), 1967 and listing in the Fourth Schedule of the Act- Reg.

RBI/2023-24/132 DOR.RAUG.AUT.REC.No.81/24.01.041/2023-24 March 07, 2024 The Chairperson / Managing Director / Chief Executive Officer Banks and Non-Banking Financial Companies

RBI/2023-24/131 CO.DPSS.POLC.No. S1133 / 02-14-003 / 2023-24 March 05, 2024 The Chairman / Managing Director / Chief Executive Officer Authorised Payment System Providers / Participants (Banks and Non-banks) Madam / Dear Sir, Arrangements with Card Networks for issue of Credit Cards

RBI/2023-24/130 A.P. (DIR Series) Circular No.15 March 05, 2024 To All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme Madam / Sir, Money Transfer Service Scheme - Submission of Statement on CIMS

RBI/2023-24/129 DoS. CO.ARG/SEC.11/08.91.001/2023-24 March 01, 2024 The Chairman / Managing Director / Chief Executive Officer, All Commercial Banks (Excluding RRBs) ll Primary (Urban) Co-operative Banks (UCBs) Madam / Dear Sir,

RBI/ 2023-24/128 DOR.MRG.REC.80/00-00-003/2022-23 February 28, 2024 All Commercial Banks (excluding Regional Rural Banks) Dear Sir / Madam, Capital Adequacy Guidelines – Review of Trading Book

RBI/ 2023-24/127 DOR.GOV.REC.79/18.10.006/2023-24 February 27, 2024 All Asset Reconstruction Companies Dear Sir / Madam Appointment/re-appointment of Director, Managing Director or Chief Executive Officer in Asset Reconstruction Companies

RBI/ 2023-24/126 CO.DPSS.POLC.No.S1092/02-14-006/2023-2024 February 23, 2024 All Prepaid Payment Instrument Issuers (Banks and Non-banks) and Syste Participants Madam / Dear Sir,

RBI/ 2023-24/125 DoR.FIN.REC. 77/ 03.10.123/ 2023-24 February 22, 2024 All Regulated Entities of the Bank Madam/ Dear Sir,

RBI/2023-24/124 DOR.STR.REC.78/04.02.001/2023-24 February 22, 2024 All Scheduled Commercial Banks (excluding RRBs),
Primary (Urban) Cooperative Banks & State Cooperative Banks (scheduled banks having AD category-I license), and
Exim Bank

RBI/2023-24/123 FIDD.CO.LBS.BC. No.15/02.08.001/ 2023-24 February 20, 2024 The Chairman / Managing Director & Chief Executive OfficerLead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Assam – Assignment of Lead Bank Responsibility

RBI/2023-24/122 DOR.RET.REC.76/12.07.160/2023-24 February 15, 2024 All Banks Madam / Dear Sir, Exclusion of “Rupee Co-operative Bank Limited” from the Second Schedule to the Reserve Bank of India Act, 1934

RBI/2023-24/121
DoR.HGG.GOV.REC.75/29.67.001/2023-24 February 9, 2024 Dear Sir/ Madam Review of Fixed Remuneration granted to Non-Executive Directors (NEDs)

RBI/2023-24/120 DoR.AUT.REC.74/24.01.041/2023-24 February 09, 2024 All Scheduled Commercial BanksMadam/Dear Sir, Participation of Indian Banks on India International Bullion Exchange IFSC Limited (IIBX)

RBI/2023-24/118 DOR. AML.REC.73/14.06.001/2023-24 February 08, 2024 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 85 Entries

RBI/2023-24/118 A.P. (DIR Series) Circular No.13 January 31, 2024 To All Category-I Authorised Dealer Banks Madam/Sir, Guidelines on import of gold by Tariff Rate Quota (TRQ) holders under the India-UAE CEPA as notified by–The International Financial Services Centres Authority (IFSCA) Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to A.P. (D

RBI/2023-24/117 DoS.CO.CSITEG.SEC. No. 9 / 31-01-015/ 2023-24 January 31, 2024 The Chairman/Managing Director/Chief Executive Officer Scheduled Commercial Banks (excluding Regional Rural Banks); Small Finance Banks; Payments Banks; Primary (Urban) Co-operative Banks (Tier III and IV); Upper- and Middle-Layer Non-Banking Financial Companies (including Housing Finance Companies); Credit Information Companies and All India Financial Institutions (EXIM Bank, NABARD, NaBFID, NHB and SIDBI)

RBI/2023-24/116 FIDD.CO.LBS.BC. No.14/02.08.001/ 2023-24 January 19, 2024 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new districts in the State of Madhya Pradesh – Assignment of Lead Bank Responsibility The Government of Madhya Pradesh has notified formation of two new districts, viz., Pandhurna vide Gazette Notification No. F-Rev-6-0029-2023-VII-Sec-7 dated October 5, 2023 and Maihar vide Gazette Notification No. F-Rev-6-0030-2023-VII-Sec-7 dated October 05, 2023. Accordingly, it has been decided to designate the Lead Banks of the new districts as below:

RBI/2023-24/115 DoR.REG/LIC.No.72/16.05.000/2023-24 January 17, 2024 Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks

RBI/2023-24/113 Ref. No. DOS. ARG/ SEC. 8 /08.91.001/2023-24 January 15, 2024 The Chairman / Managing Director / Chief Executive Officer, All State Co-operative Banks (StCBs) All Central Co-operative Banks (CCBs) Madam / Dear Sir,

RBI/2023-24/112 DOR.CRE.REC.70/21.01.003/2023-24 January 15, 2024 All Non-Banking Financial Companies including Housing Finance Companies Madam/ Dear Sir, Credit/Investment Concentration Norms – Credit Risk Transfer

RBI/2023-24/111 DOR. AML.REC.69/14.06.001/2023-24 January 11, 2024 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA,1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 14 Entries Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on January 04 , 2024 (MD on KYC), in terms of which “Regulated Entities (REs) shall ensure that in terms of Section 51A of the Unlawful Activities (Prevention) (UAPA) Act, 1967 and amendments thereto,

RBI/2023-24/110 DOR. AML.REC.68 /14.06.001/2023-24 January 06, 2024 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967 Updates to UNSC’s 1267 / 1989 ISIL (Da'esh) & Al-Qaida Sanctions List Amendments in 07 Entries

RBI/2023-24/109 DOR. AML.REC.67 /14.06.001/2023-24 January 06, 2024 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 12A of the Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005: Designated List (Amendments)

RBI/2023-24/108 A. P. (DIR Series) Circular No. 13 January 5, 2024 Authorised Persons Madam / Sir, Risk Management and Inter-Bank Dealings – Hedging of foreign exchange risk Attention of Authorised Persons is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 03, 2000 (Notification No. FEMA.25/RB-2000 dated May 03, 2000), as amended from time to time and Master Direction – Risk Management and Inter-Bank Dealings dated July 05, 2016, as amended from time to time.

RBI/2023-24/107 DOR.AML.REC. 66 /14.01.001/2023-24 January 04, 2024 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Amendment to the Master Direction (MD) on KYC Please refer to the Master Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs) have to undertake Customer Due Diligence (CDD), as per the process laid out therein, for their customers. 2. In the extant Direction, the definition of Politically Exposed Persons (PEPs) is provided in sub-clause (xvii) of clause 

RBI/2023-2024/106 DOR.AML.REC.65/14.06.001/2023-24 January 02, 2024 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Designation of 2 individuals as ‘Terrorists’ under Section 35 (1) (a) of the Unlawful Activities (Prevention) Act (UAPA), 1967 and their listing in the Schedule IV of the Act- Reg.

RBI/2023-24/104 DoR.SPE.REC. 63 /13.03.00/2023-2024 January 01, 2024 All Primary (Urban) Co-operative Banks Sir / Madam, Review of Instructions on Bulk Deposits for Urban Co-operative Banks (UCBs) Please refer to Para 3 (a) (i) of Master Direction - Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016 dated May 12, 2016, in terms of which “Bulk Deposit” means single Rupee term deposits of Rupees fifteen lakh and above.

RBI/2023-24/105 DOR. SOG (LEG).REC/64/09.08.024/2023-24 January 1, 2024 Madam/ Dear Sir Inoperative Accounts /Unclaimed Deposits in Banks- Revised Instructions As per extant instructions, the credit balance in any deposit account maintained with banks, which have not been operated upon for ten years or more, or any amount remaining unclaimed for ten years or more, as mentioned in paragraph 3(iii) of the “Depositor Education and Awareness” (DEA) Fund Scheme, 2014, are required to be transferred by banks to DEA Fund maintained by the Reserve Bank of India.

RBI/2015-16/344 DBR.BP.BC.No.86/21.04.098/2015-16 March 23, 2016 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Liquidity Risk Management & Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards Please refer to our following circulars on Liquidity Risk Framework: DBOD.BP.No.56/21.04.098/2012-13 dated November 7, 2012 on “Liquidity Risk Management by Banks.” DBOD.BP.

RBI/2023-24/111 DoR.MCS.REC.61/01.01.001/2023-24 December 29, 2023 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks, excluding Payments Banks) All Primary (Urban) Co-operative Banks All NBFCs (including HFCs) and All India Financial Institutions (EXIM Bank, NABARD, NHB, SIDBI and NaBFID)

RBI/2020-21/100 CO.DPSS.POLC.No.S940 / 02-29-005 / 2023-24 December 29, 2023 The Chairman / Managing Director / Chief Executive Officer Card Issuing and Acquiring Banks and Non-banks / Authorised Card Networks

RBI/2023-24/100 FIDD.MSME & NFS.BC.No.13 /06.02.31/2023-24; December 28, 2023 The Chairman/ Managing Director/Chief Executive Officer All Scheduled Commercial Banks (except RRBs) (including Small Finance Banks and Local Area Banks) Dear Sir / Madam Classification of MSMEs

Framework for Dealing with Domestic Systemically Important Banks (D-SIBs) (Revised upto December 28, 2023[1]) Introduction Some banks, due to their size, cross-jurisdictional activities, complexity, lack of substitutability and interconnectedness, become systemically important. The disorderly failure of these banks has the potential to cause significant disruption to the essential services they provide to the banking system, and in turn, to the overall economic activity. Therefore, the continued functioning of Systemically Important Banks (SIBs) is critical for the uninterrupted availability of essential banking services to the real economy.

RBI/2023-24/99 DOR.STR.REC.60/21.04.048/2023-24 December 28, 2023 All Scheduled Commercial Banks (excluding Regional Rural Banks) All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) MHP Exemption for Transfer of Receivables

RBI/2023-24/221 FMRD.FMSD.07/03.07.35/2023-24 December 28, 2023  To All eligible market participants Madam/Sir Reserve Bank of India (Financial Benchmark Administrators) Directions, 2023

RBI/2023-24/97FMRD.DIRD.No.05/14.03.061/2023-2024 December 27, 2023 All participants in Government Securities market Madam/Sir, Reserve Bank of India (Government Securities Lending) Directions, 2023

RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 No. FEMA 14(R)/2023-RB December 21, 2023 Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in supersession of Notification No. FEMA 14(R)/2016-RB dated May 02, 2016, except as respects things done or omitted to be done before such supersession, the Reserve Bank makes the following regulations

RBI/2023-24/96 A.P. (DIR Series) Circular No. 10 December 22, 2023 To All Category - I Authorised Dealer Banks Madam/Sir Trade Credit for imports into India – Submission of return on issuance of bank guarantees for Trade Credits on the Centralised Information Management System (CIMS) Attention of Authorised Dealer Category – I banks is invited to A.P. (DIR Series) Circular No. 75 November 19, 2013 read with A.P. (DIR Series) Circular No. 20 dated March 13, 2018 relating to Trade Credits for imports into India and submission of quarterly statement on issuance of guarantees therefor by AD banks on the eXtensible Business Reporting Language (XBRL) platform.