Press Releases - Regulating Commercial Banking - आरबीआय - Reserve Bank of India
प्रेस रिलीज
जून 05, 2017
RBI Clarification on Banks under Prompt Corrective Action
The Reserve Bank of India has come across some misinformed communication circulating in some section of media including social media, about the Prompt Corrective Action (PCA) framework. The Reserve Bank has clarified that the PCA framework is not intended to constrain normal operations of the banks for the general public. It is further clarified that the Reserve Bank, under its supervisory framework, uses various measures/tools to maintain sound financial health of ba
The Reserve Bank of India has come across some misinformed communication circulating in some section of media including social media, about the Prompt Corrective Action (PCA) framework. The Reserve Bank has clarified that the PCA framework is not intended to constrain normal operations of the banks for the general public. It is further clarified that the Reserve Bank, under its supervisory framework, uses various measures/tools to maintain sound financial health of ba
पीडीएफ (
मे 25, 2017
Scheduled Banks’ Statement of Position in India as on Friday, May 12, 2017
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 13-May-16 28-APR-2017 * 12-MAY-2017 * 13-May-16 28-APR-2017 * 12-MAY-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1475.67 1663.07 1677.54 1542.56 1726.15 1739.42 ** b) Borrowings from banks 525.84 685.09 563.45 555.91 685.69 564.15 c) Other demand & time liabilities 73.58 47.56 125.03 100.36 47.56 125.03 II LIABILITIES TO OTHERS (A) a) De
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 13-May-16 28-APR-2017 * 12-MAY-2017 * 13-May-16 28-APR-2017 * 12-MAY-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1475.67 1663.07 1677.54 1542.56 1726.15 1739.42 ** b) Borrowings from banks 525.84 685.09 563.45 555.91 685.69 564.15 c) Other demand & time liabilities 73.58 47.56 125.03 100.36 47.56 125.03 II LIABILITIES TO OTHERS (A) a) De
मे 23, 2017
Paytm Payments Bank Limited commences operations
Paytm Payments Bank Limited has commenced operations as a payments bank with effect from May 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Shri Vijay Shekhar Sharma was one of the 11 applicants who was issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015.Alpana Killawala Principal Advise
Paytm Payments Bank Limited has commenced operations as a payments bank with effect from May 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Shri Vijay Shekhar Sharma was one of the 11 applicants who was issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015.Alpana Killawala Principal Advise
मे 22, 2017
Reserve Bank of India Outlines the action plan to implement the Banking Regulation (Amendment) Ordinance, 2017
In a Release today, the Reserve Bank of India outlined the steps taken and those on the anvil post the promulgation of the Banking Regulation (Amendment) Ordinance, 2017. 2. The amendments to the BR Act 1949, introduced through the Ordinance, and the notification issued thereafter by the Central Government empower RBI to issue directions to any banking company or banking companies to initiate insolvency resolution process in respect of a default, under the provisions
In a Release today, the Reserve Bank of India outlined the steps taken and those on the anvil post the promulgation of the Banking Regulation (Amendment) Ordinance, 2017. 2. The amendments to the BR Act 1949, introduced through the Ordinance, and the notification issued thereafter by the Central Government empower RBI to issue directions to any banking company or banking companies to initiate insolvency resolution process in respect of a default, under the provisions
मे 15, 2017
Pay IT dues in advance at RBI or at authorised bank branches - June 2017
It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of June every year despite providing additional counters to the maximum extent possible for the purpose. Consequently, the members of public are required to wait in queues at the Bank for unnecessarily long periods. To obviate the inconvenience involved, assesses are advised to avoid last minute rush by remitting their Income-tax dues su
It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of June every year despite providing additional counters to the maximum extent possible for the purpose. Consequently, the members of public are required to wait in queues at the Bank for unnecessarily long periods. To obviate the inconvenience involved, assesses are advised to avoid last minute rush by remitting their Income-tax dues su
मे 09, 2017
Scheduled Bank's Statement of Position in India as on Friday, April 28, 2017
(Amount in Billions of ₹ ) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 29-Apr-16 14-APR-2017 * 28-APR-2017 * 29-Apr-16 14-APR-2017 * 28-APR-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1537.68 1684.3 1653.06 1604.4 1748.71 1716.14 ** b) Borrowings from banks 639.83 698.8 685.09 642.54 699.33 685.69 c) Other demand & time liabilities 82.47 76.05 55.76 82.47 76.05 55.76 II LIABILITIES TO OTHERS (A) a) Deposit
(Amount in Billions of ₹ ) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 29-Apr-16 14-APR-2017 * 28-APR-2017 * 29-Apr-16 14-APR-2017 * 28-APR-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1537.68 1684.3 1653.06 1604.4 1748.71 1716.14 ** b) Borrowings from banks 639.83 698.8 685.09 642.54 699.33 685.69 c) Other demand & time liabilities 82.47 76.05 55.76 82.47 76.05 55.76 II LIABILITIES TO OTHERS (A) a) Deposit
एप्रि 26, 2017
Scheduled Bank's Statement of Position in India as on Friday, April 14, 2017
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 15-APR-2016 31-MAR-2017 * 14-APR-2017 * 15-APR-2016 31-MAR-2017 * 14-APR-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1556.19 1775.73 1658.61 1623.81 1842.71 1723.02 ** b) Borrowings from banks 599.02 571.11 694.13 601.16 571.41 694.66 c) Other demand & time liabilities 55.46 58.43 83.76 55.48 58.43 83.76 II LIABILITIES TO OTHERS (A) a) D
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 15-APR-2016 31-MAR-2017 * 14-APR-2017 * 15-APR-2016 31-MAR-2017 * 14-APR-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1556.19 1775.73 1658.61 1623.81 1842.71 1723.02 ** b) Borrowings from banks 599.02 571.11 694.13 601.16 571.41 694.66 c) Other demand & time liabilities 55.46 58.43 83.76 55.48 58.43 83.76 II LIABILITIES TO OTHERS (A) a) D
एप्रि 20, 2017
RBI signs Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Bank of Guyana
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Bank of Guyana. The MoU was signed by Dr Gobind N. Ganga, Governor on behalf of Bank of Guyana and Dr Urjit R. Patel, Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandum of Understanding, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of a few countries t
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Bank of Guyana. The MoU was signed by Dr Gobind N. Ganga, Governor on behalf of Bank of Guyana and Dr Urjit R. Patel, Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandum of Understanding, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of a few countries t
एप्रि 19, 2017
Au Small Finance Bank Limited commences operations
Au Small Finance Bank Limited has commenced operations as a small finance bank with effect from April 19, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Au Financiers (India) Limited, Jaipur was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press release on September 16,
Au Small Finance Bank Limited has commenced operations as a small finance bank with effect from April 19, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Au Financiers (India) Limited, Jaipur was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press release on September 16,
एप्रि 18, 2017
RBI opens the Office of the Banking Ombudsman at Jammu
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the Banking Ombudsman, New Delhi-I, the Reserve Bank has set up an Office of the Banking Ombudsman for the State of Jammu and Kashmir at Reserve Bank of India, Jammu. The Office of the Banking Ombudsman at Reserve Bank of India, Jammu will have the jurisdiction over the entire State of Jammu and Kashmir which, hitherto was un
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the Banking Ombudsman, New Delhi-I, the Reserve Bank has set up an Office of the Banking Ombudsman for the State of Jammu and Kashmir at Reserve Bank of India, Jammu. The Office of the Banking Ombudsman at Reserve Bank of India, Jammu will have the jurisdiction over the entire State of Jammu and Kashmir which, hitherto was un
एप्रि 18, 2017
RBI signs Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Royal Monetary Authority of Bhutan
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Royal Monetary Authority of Bhutan. The MoU was signed by Mr Phajo Dorjee, Deputy Governor on behalf of Royal Monetary Authority of Bhutan and Mr S S Mundra, Deputy Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and Statement of
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Royal Monetary Authority of Bhutan. The MoU was signed by Mr Phajo Dorjee, Deputy Governor on behalf of Royal Monetary Authority of Bhutan and Mr S S Mundra, Deputy Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and Statement of
एप्रि 17, 2017
RBI opens the Office of the Banking Ombudsman at Raipur
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the Banking Ombudsman, Bhopal, the Reserve Bank has set up an Office of the Banking Ombudsman for the State of Chhattisgarh at Reserve Bank of India, Raipur. The Office of the Banking Ombudsman at Reserve Bank of India, Raipur will have the jurisdiction over the entire State of Chhattisgarh which, hitherto was under the juris
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the Banking Ombudsman, Bhopal, the Reserve Bank has set up an Office of the Banking Ombudsman for the State of Chhattisgarh at Reserve Bank of India, Raipur. The Office of the Banking Ombudsman at Reserve Bank of India, Raipur will have the jurisdiction over the entire State of Chhattisgarh which, hitherto was under the juris
एप्रि 12, 2017
Scheduled Banks’ Statement of Position in India as on Friday, March 31, 2017
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 01-APR-2016 17-MAR-2017 * 31-MAR-2017 * 01-APR-2016 17-MAR-2017 * 31-MAR-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1672.42 1648.32 1775.42 1738.81 1715.04 1842.40 ** b) Borrowings from banks 519.06 552.06 571.13 522.27 552.86 571.43 c) Other demand & time liabilities 58.15 68.24 51.15 58.15 68.24 51.15 II LIABILITIES TO OTHERS (A) a) D
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 01-APR-2016 17-MAR-2017 * 31-MAR-2017 * 01-APR-2016 17-MAR-2017 * 31-MAR-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1672.42 1648.32 1775.42 1738.81 1715.04 1842.40 ** b) Borrowings from banks 519.06 552.06 571.13 522.27 552.86 571.43 c) Other demand & time liabilities 58.15 68.24 51.15 58.15 68.24 51.15 II LIABILITIES TO OTHERS (A) a) D
एप्रि 07, 2017
RBI releases Discussion Paper on ‘Wholesale & Long-Term Finance Banks’
The Reserve Bank of India today released on its website a Discussion Paper on ‘Wholesale & Long-Term Finance Banks’. The discussion paper explores the scope for setting up more differentiated banks, specifically wholesale & long-term finance banks in the context of having issued in-principle approvals and licences to set up differentiated banks, such as, payments banks and small finance banks. As envisaged in the discussion paper, the Wholesale and Long-Term F
The Reserve Bank of India today released on its website a Discussion Paper on ‘Wholesale & Long-Term Finance Banks’. The discussion paper explores the scope for setting up more differentiated banks, specifically wholesale & long-term finance banks in the context of having issued in-principle approvals and licences to set up differentiated banks, such as, payments banks and small finance banks. As envisaged in the discussion paper, the Wholesale and Long-Term F
मार्च 31, 2017
Scheduled Banks’ Statement of Position in India as on Friday, March 17, 2017
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 18-Mar-16 03-MAR-2017 * 17-MAR-2017 * 18-Mar-16 03-MAR-2017 * 17-MAR-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1522.13 1603.06 1648.32 1583.23 1668.53 1715.04 ** b) Borrowings from banks 643.96 501.46 552.06 644.98 501.99 552.86 c) Other demand & time liabilities 84.18 42.95 68.24 84.18 42.95 68.24 II LIABILITIES TO OTHERS (A) a) Depos
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 18-Mar-16 03-MAR-2017 * 17-MAR-2017 * 18-Mar-16 03-MAR-2017 * 17-MAR-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1522.13 1603.06 1648.32 1583.23 1668.53 1715.04 ** b) Borrowings from banks 643.96 501.46 552.06 644.98 501.99 552.86 c) Other demand & time liabilities 84.18 42.95 68.24 84.18 42.95 68.24 II LIABILITIES TO OTHERS (A) a) Depos
मार्च 30, 2017
Technical Guidance Note - Harmonization of Banking Statistics
The Reserve Bank of India today placed on its website the Technical Guidance Note on XBRL Returns – Harmonization of Banking Statistics. Background The Reserve Bank collects data in the form of returns from banks as part of statutory, regulatory, supervisory, policy and research requirements. Since the data is used for compilation of certain key banking statistics at aggregate level, ensuing quality and uniformity of the inputs from the banks is of utmost importance.
The Reserve Bank of India today placed on its website the Technical Guidance Note on XBRL Returns – Harmonization of Banking Statistics. Background The Reserve Bank collects data in the form of returns from banks as part of statutory, regulatory, supervisory, policy and research requirements. Since the data is used for compilation of certain key banking statistics at aggregate level, ensuing quality and uniformity of the inputs from the banks is of utmost importance.
मार्च 29, 2017
Opening of all Agency Banks for government business on April 1, 2017 - Revised instructions
To facilitate government receipt and payment functions, vide press release dated March 24, 2017, all Agency Banks were advised to keep all their bank branches dealing with government business open on all days in the current financial year (including Saturday, Sunday and all holidays) and on April 1, 2017. However, on reconsideration, it has been decided that these branches need not be opened on April 1, 2017. Anirudha D. Jadhav Assistant Manager Press Release : 2016-2
To facilitate government receipt and payment functions, vide press release dated March 24, 2017, all Agency Banks were advised to keep all their bank branches dealing with government business open on all days in the current financial year (including Saturday, Sunday and all holidays) and on April 1, 2017. However, on reconsideration, it has been decided that these branches need not be opened on April 1, 2017. Anirudha D. Jadhav Assistant Manager Press Release : 2016-2
मार्च 27, 2017
Financial Action Task Force (FATF) Public Statement dated February 24, 2017
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdiction of Democratic People's Republic of Korea (DPRK). Jurisdiction of Iran is subject to a FATF call on its members to apply enhanced due diligence measures proportionate to the risks arising fro
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdiction of Democratic People's Republic of Korea (DPRK). Jurisdiction of Iran is subject to a FATF call on its members to apply enhanced due diligence measures proportionate to the risks arising fro
मार्च 27, 2017
Annual Closing of Government Accounts - Transactions of Central/State Governments - Special Measures for the Current Financial Year (2016-17)
With a view to providing greater convenience to tax payers, it has been decided that all designated branches of agency banks and RBI Offices conducting government business will keep their counters open up to 6.00 p.m. on March 30, 2017 and up to 8.00 p.m. on March 31, 2017. In order to facilitate Government receipts and payments, necessary arrangements have been made to conduct special clearing operations across the country. Centralised payment system such as the RTGS
With a view to providing greater convenience to tax payers, it has been decided that all designated branches of agency banks and RBI Offices conducting government business will keep their counters open up to 6.00 p.m. on March 30, 2017 and up to 8.00 p.m. on March 31, 2017. In order to facilitate Government receipts and payments, necessary arrangements have been made to conduct special clearing operations across the country. Centralised payment system such as the RTGS
मार्च 24, 2017
All Agency Banks and select offices of RBI to remain open on all days from March 25, 2017 to April 1, 2017
To facilitate government receipt and payment functions, all Agency Banks have been advised to keep all their bank branches dealing with government business open on all days in the current financial year and on April 1, 2017 (including Saturday, Sunday and all holidays). The concerned departments of the Reserve Bank undertaking government business will also remain open on the above days. Alpana Killawala Principal Adviser Press Release : 2016-2017/2564
To facilitate government receipt and payment functions, all Agency Banks have been advised to keep all their bank branches dealing with government business open on all days in the current financial year and on April 1, 2017 (including Saturday, Sunday and all holidays). The concerned departments of the Reserve Bank undertaking government business will also remain open on the above days. Alpana Killawala Principal Adviser Press Release : 2016-2017/2564
मार्च 22, 2017
Branches of Bharatiya Mahila Bank Limited to operate as branches of SBI from April 1, 2017
All branches of Bharatiya Mahila Bank Limited will function as branches of State Bank of India from April 1, 2017. Customers, including depositors of Bharatiya Mahila Bank Limited will be treated as customers of State Bank of India with effect from April 1, 2017. The Government of India has issued the Acquisition of Bharatiya Mahila Bank Limited Order 2017. The Order dated March 20, 2017 issued by the Government of India was published under Extraordinary Part II-Secti
All branches of Bharatiya Mahila Bank Limited will function as branches of State Bank of India from April 1, 2017. Customers, including depositors of Bharatiya Mahila Bank Limited will be treated as customers of State Bank of India with effect from April 1, 2017. The Government of India has issued the Acquisition of Bharatiya Mahila Bank Limited Order 2017. The Order dated March 20, 2017 issued by the Government of India was published under Extraordinary Part II-Secti
मार्च 22, 2017
RBI signs Memorandum of Understanding(MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Bank of Thailand
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Bank of Thailand. The MoU was signed by Dr Veerathai Santhiprabhob, Governor on behalf of Bank of Thailand and Dr Urjit R. Patel, Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of a few
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Bank of Thailand. The MoU was signed by Dr Veerathai Santhiprabhob, Governor on behalf of Bank of Thailand and Dr Urjit R. Patel, Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of a few
मार्च 22, 2017
RBI signs Memorandum of Understanding(MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Central Bank of Nigeria
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Central Bank of Nigeria. The MoU was signed by Mr. Godwin Emefiele, Governor on behalf of Central Bank of Nigeria and Dr Urjit R Patel, Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Central Bank of Nigeria. The MoU was signed by Mr. Godwin Emefiele, Governor on behalf of Central Bank of Nigeria and Dr Urjit R Patel, Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of
मार्च 20, 2017
Branches of SBBJ, SBH, SBM, SBP and SBT to operate as branches of SBI from April 1, 2017
All branches of State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT) will function as branches of State Bank of India from April 1, 2017. Customers, including depositors of State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore will be treated as customers of State Bank of India with
All branches of State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT) will function as branches of State Bank of India from April 1, 2017. Customers, including depositors of State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore will be treated as customers of State Bank of India with
मार्च 17, 2017
Scheduled Banks’ Statement of Position in India as on Friday, March 03, 2017
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 04-Mar-16 17-FEB-2017* 03-MAR-2017* 04-Mar-16 17-FEB-2017* 03-MAR-2017* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1537.06 1626.7 1603.06 1597.9 1693.24 1668.53** b) Borrowings from banks 612.61 528.63 501.46 617.07 529.13 501.99 c) Other demand & time liabilities 78.63 38.42 42.95 78.63 38.42 42.95 II LIABILITIES TO OTHERS (A) a) Deposits (ot
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 04-Mar-16 17-FEB-2017* 03-MAR-2017* 04-Mar-16 17-FEB-2017* 03-MAR-2017* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1537.06 1626.7 1603.06 1597.9 1693.24 1668.53** b) Borrowings from banks 612.61 528.63 501.46 617.07 529.13 501.99 c) Other demand & time liabilities 78.63 38.42 42.95 78.63 38.42 42.95 II LIABILITIES TO OTHERS (A) a) Deposits (ot
मार्च 10, 2017
ESAF Small Finance Bank Limited commences operations
ESAF Small Finance Bank Limited has commenced operations as a small finance bank with effect from March 10, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. ESAF Microfinance and Investments Private Limited, Chennai was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press re
ESAF Small Finance Bank Limited has commenced operations as a small finance bank with effect from March 10, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. ESAF Microfinance and Investments Private Limited, Chennai was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press re
मार्च 07, 2017
Supervisory College for State Bank of India, ICICI Bank Ltd., Axis Bank Ltd. and Punjab National Bank
Meetings of the Supervisory Colleges of State Bank of India, ICICI Bank Ltd., Axis Bank Ltd. and Punjab National Bank were held at Mumbai during February 22-24, 2017. Shri S.S. Mundra, Deputy Governor, Reserve Bank of India inaugurated the proceedings of the Colleges. Thirty six host supervisors from nineteen overseas banking supervisory authorities participated in the Supervisory College of State Bank of India on February 22, 2017. Sixteen supervisors from ten overse
Meetings of the Supervisory Colleges of State Bank of India, ICICI Bank Ltd., Axis Bank Ltd. and Punjab National Bank were held at Mumbai during February 22-24, 2017. Shri S.S. Mundra, Deputy Governor, Reserve Bank of India inaugurated the proceedings of the Colleges. Thirty six host supervisors from nineteen overseas banking supervisory authorities participated in the Supervisory College of State Bank of India on February 22, 2017. Sixteen supervisors from ten overse
मार्च 02, 2017
Scheduled Banks’ Statement of Position in India as on Friday, February 17, 2017
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 19-Feb-16 03-FEB-2017 * 17-FEB-2017 * 19-Feb-16 03-FEB-2017 * 17-FEB-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1572.32 1637.28 1626.7 1632.04 1704.68 1693.24 ** b) Borrowings from banks 587.04 512.41 528.63 590.91 513.47 529.13 c) Other demand & time liabilities 65.68 46.34 38.42 65.78 46.34 38.42 II LIABILITIES TO OTHERS (A) a) Deposi
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 19-Feb-16 03-FEB-2017 * 17-FEB-2017 * 19-Feb-16 03-FEB-2017 * 17-FEB-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1572.32 1637.28 1626.7 1632.04 1704.68 1693.24 ** b) Borrowings from banks 587.04 512.41 528.63 590.91 513.47 529.13 c) Other demand & time liabilities 65.68 46.34 38.42 65.78 46.34 38.42 II LIABILITIES TO OTHERS (A) a) Deposi
फेब्रु 16, 2017
Scheduled Banks’ Statement of Position in India as on Friday, February 03, 2017
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 05-FEB-2016 20-JAN-2017 * 03-FEB-2017 * 05-FEB-2016 20-JAN-2017 * 03-FEB-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1565.33 1680.57 1637.28 1624.26 1749.79 1704.68 ** b) Borrowings from banks 619.4 588 512.41 620.27 600.18 513.47 c) Other demand & time liabilities 98.32 37.34 46.34 98.32 37.34 46.34 II LIABILITIES TO OTHERS (A) a) Depos
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 05-FEB-2016 20-JAN-2017 * 03-FEB-2017 * 05-FEB-2016 20-JAN-2017 * 03-FEB-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1565.33 1680.57 1637.28 1624.26 1749.79 1704.68 ** b) Borrowings from banks 619.4 588 512.41 620.27 600.18 513.47 c) Other demand & time liabilities 98.32 37.34 46.34 98.32 37.34 46.34 II LIABILITIES TO OTHERS (A) a) Depos
फेब्रु 16, 2017
Pay IT dues in advance at RBI or at authorised bank branches - March 2017
The Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date. It has also stated that assessees can use alternate channels like select branches of agency banks or the facility of online payment of taxes offered by these banks. These will obviate the inconvenience involved in standing in long queues at the Reserve Bank offices. It is observed that the rush for remitting Income –Tax dues through th
The Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date. It has also stated that assessees can use alternate channels like select branches of agency banks or the facility of online payment of taxes offered by these banks. These will obviate the inconvenience involved in standing in long queues at the Reserve Bank offices. It is observed that the rush for remitting Income –Tax dues through th
फेब्रु 15, 2017
RBI signs Memorandum of Understanding(MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Bank of Zambia
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Bank of Zambia. The MoU was signed by Dr Denny H Kalyalya, Governor on behalf of Bank of Zambia and Dr Urjit R. Patel, Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of a few countries
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Bank of Zambia. The MoU was signed by Dr Denny H Kalyalya, Governor on behalf of Bank of Zambia and Dr Urjit R. Patel, Governor on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of a few countries
फेब्रु 03, 2017
Scheduled Bank's Statement of Position in India as on Friday, January 20, 2017
(Amount in Billions of ₹ ) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 22-Jan-16 06-JAN-2017 * 20-JAN-2017 * 22-Jan-16 06-JAN-2017 * 20-JAN-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1561.82 1692.54 1680.57 1620.68 1764.01 1749.79 ** b) Borrowings from banks 536.91 530.09 588 538.24 530.52 600.18 c) Other demand & time liabilities 186.17 182.7 37.34 186.18 182.7 37.34 II LIABILITIES TO OTHERS (A) a) Depos
(Amount in Billions of ₹ ) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 22-Jan-16 06-JAN-2017 * 20-JAN-2017 * 22-Jan-16 06-JAN-2017 * 20-JAN-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1561.82 1692.54 1680.57 1620.68 1764.01 1749.79 ** b) Borrowings from banks 536.91 530.09 588 538.24 530.52 600.18 c) Other demand & time liabilities 186.17 182.7 37.34 186.18 182.7 37.34 II LIABILITIES TO OTHERS (A) a) Depos
फेब्रु 02, 2017
RBI releases draft guidelines on Interest Rate Risk in Banking Book
The Reserve Bank of India has today placed on its website the draft guidelines on Interest Rate Risk in Banking Book. RBI invites feedback/comments on the draft guidelines. The feedback/comments on the proposals contained in this document may be sent to the following address by March 3, 2017 (electronic submission is encouraged): The Chief General Manager in-Charge Department of Banking Regulation Reserve Bank of India, Central Office Mumbai 400 001. Please click here
The Reserve Bank of India has today placed on its website the draft guidelines on Interest Rate Risk in Banking Book. RBI invites feedback/comments on the draft guidelines. The feedback/comments on the proposals contained in this document may be sent to the following address by March 3, 2017 (electronic submission is encouraged): The Chief General Manager in-Charge Department of Banking Regulation Reserve Bank of India, Central Office Mumbai 400 001. Please click here
फेब्रु 01, 2017
Ujjivan Small Finance Bank Limited commences operations
Ujjivan Small Finance Bank Limited has commenced operations as a small finance bank with effect from February 1, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Ujjivan Financial Services Private Limited, Bengaluru was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press re
Ujjivan Small Finance Bank Limited has commenced operations as a small finance bank with effect from February 1, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Ujjivan Financial Services Private Limited, Bengaluru was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press re
जाने 30, 2017
India Post Payments Bank Limited commences operations
India Post Payments Bank Limited has commenced operations as a payments bank with effect from January 30, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Department of Posts was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D. Jadhav Assista
India Post Payments Bank Limited has commenced operations as a payments bank with effect from January 30, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Department of Posts was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D. Jadhav Assista
जाने 27, 2017
Financial Action Task Force (FATF) Public Statement dated October 21, 2016
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdiction of Democratic People's Republic of Korea (DPRK). Jurisdiction of Iran is subject to the FATF call on its members to apply enhanced due diligence measures proportionate to the risks arising f
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdiction of Democratic People's Republic of Korea (DPRK). Jurisdiction of Iran is subject to the FATF call on its members to apply enhanced due diligence measures proportionate to the risks arising f
जाने 23, 2017
Suryoday Small Finance Bank Limited commences operations
Suryoday Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Suryoday Micro Finance Private Limited, Navi Mumbai was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press
Suryoday Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Suryoday Micro Finance Private Limited, Navi Mumbai was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press
जाने 23, 2017
Utkarsh Small Finance Bank Limited commences operations
Utkarsh Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Utkarsh Micro Finance Private Limited, Varanasi was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press relea
Utkarsh Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Utkarsh Micro Finance Private Limited, Varanasi was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press relea
जाने 19, 2017
Scheduled Bank's Statement of Position in India as on Friday, January 06, 2017
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 8-Jan-16 23-DEC-2016 * 06-JAN-2017 * 8-Jan-16 23-DEC-2016 * 06-JAN-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1545.63 1745.18 1692.54 1604.06 1817.89 1764.01 ** b) Borrowings from banks 538.71 513.63 530.09 539.61 514.72 530.52 c) Other demand & time liabilities 240.39 98.28 182.7 240.39 98.28 182.7 II LIABILITIES TO OTHERS (A) a) Depos
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 8-Jan-16 23-DEC-2016 * 06-JAN-2017 * 8-Jan-16 23-DEC-2016 * 06-JAN-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1545.63 1745.18 1692.54 1604.06 1817.89 1764.01 ** b) Borrowings from banks 538.71 513.63 530.09 539.61 514.72 530.52 c) Other demand & time liabilities 240.39 98.28 182.7 240.39 98.28 182.7 II LIABILITIES TO OTHERS (A) a) Depos
जाने 04, 2017
Scheduled Banks' Statement of Position in India as on Friday, December 23, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 25-DEC-2015 09-DEC-2016* 23-DEC-2016* 25-DEC-2015 09-DEC-2016* 23-DEC-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1500.95 1766.01 1745.18 1558.55 1839.96 1817.89** b) Borrowings from banks 546.01 624.56 513.63 547.52 626.67 514.72 c) Other demand & time liabilities 207.57 110.01 98.28 207.64 110.01 98.28 II LIABILITIES TO OTHERS (A) a) De
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 25-DEC-2015 09-DEC-2016* 23-DEC-2016* 25-DEC-2015 09-DEC-2016* 23-DEC-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1500.95 1766.01 1745.18 1558.55 1839.96 1817.89** b) Borrowings from banks 546.01 624.56 513.63 547.52 626.67 514.72 c) Other demand & time liabilities 207.57 110.01 98.28 207.64 110.01 98.28 II LIABILITIES TO OTHERS (A) a) De
डिसें 23, 2016
RBI opens the Office of the Banking Ombudsman at Ranchi
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the Banking Ombudsman, Patna, the Reserve Bank of India has set up an Office of the Banking Ombudsman for the State of Jharkhand at Reserve Bank of India, Ranchi. The Office of the Banking Ombudsman at Reserve Bank of India, Ranchi will have the jurisdiction over the entire State of Jharkhand, which hitherto was under the jur
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the Banking Ombudsman, Patna, the Reserve Bank of India has set up an Office of the Banking Ombudsman for the State of Jharkhand at Reserve Bank of India, Ranchi. The Office of the Banking Ombudsman at Reserve Bank of India, Ranchi will have the jurisdiction over the entire State of Jharkhand, which hitherto was under the jur
डिसें 23, 2016
RBI opens the Office of the Banking Ombudsman at Dehradun
Considering the significant increase in banking network during the recent past and the vast jurisdiction being covered by the current Office of the Banking Ombudsman, Kanpur, the Reserve Bank of India has set up an Office of the Banking Ombudsman at Reserve Bank of India, Dehradun. The Office of the Banking Ombudsman at Reserve Bank of India, Dehradun will have the jurisdiction over the entire State of Uttarakhand and also the seven districts of Western Uttar Pradesh
Considering the significant increase in banking network during the recent past and the vast jurisdiction being covered by the current Office of the Banking Ombudsman, Kanpur, the Reserve Bank of India has set up an Office of the Banking Ombudsman at Reserve Bank of India, Dehradun. The Office of the Banking Ombudsman at Reserve Bank of India, Dehradun will have the jurisdiction over the entire State of Uttarakhand and also the seven districts of Western Uttar Pradesh
डिसें 22, 2016
RBI's DEA Fund Committee approves Five More Entities for Depositors’ Awareness Programmes
The Reserve Bank of India today released the names of five additional entities that have been approved by the Depositor Education and Awareness (DEA) Fund Committee for registration. The names of the approved five entities are: Sl No. Name of the Applicant 1. Global Alliance for Sustainable Development 2. CRISIL Foundation 3. Upbhokta Margdarshan Samiti (UMAS), Jodhpur 4. The Institute of Company Secretaries of India 5. Mother Swayam Seva Grameen Abhivruddhi(R) Samsth
The Reserve Bank of India today released the names of five additional entities that have been approved by the Depositor Education and Awareness (DEA) Fund Committee for registration. The names of the approved five entities are: Sl No. Name of the Applicant 1. Global Alliance for Sustainable Development 2. CRISIL Foundation 3. Upbhokta Margdarshan Samiti (UMAS), Jodhpur 4. The Institute of Company Secretaries of India 5. Mother Swayam Seva Grameen Abhivruddhi(R) Samsth
डिसें 21, 2016
Scheduled Bank's Statement of Position in India as on Friday, December 09, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 11-Dec-15 25-NOV-2016* 09-DEC-2016* 11-Dec-15 25-NOV-2016* 09 Dec 2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1474.45 1892.65 1766.01 1532.77 1962.96 1839.96** b) Borrowings from banks 604.31 506.5 624.56 605.52 507.22 626.67 c) Other demand & time liabilities 215.66 40.49 110.01 215.66 40.49 110.01 II LIABILITIES TO OTHERS (A) a) Deposit
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 11-Dec-15 25-NOV-2016* 09-DEC-2016* 11-Dec-15 25-NOV-2016* 09 Dec 2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1474.45 1892.65 1766.01 1532.77 1962.96 1839.96** b) Borrowings from banks 604.31 506.5 624.56 605.52 507.22 626.67 c) Other demand & time liabilities 215.66 40.49 110.01 215.66 40.49 110.01 II LIABILITIES TO OTHERS (A) a) Deposit
डिसें 21, 2016
RBI signs Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Banking Regulation and Supervision Agency, Turkey
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Banking Regulation and Supervision Agency of Republic of Turkey. The MoU was signed by Mr Mehmet İrfan Kurt, Vice Chairman on behalf of Banking Regulation and Supervision Agency and Mrs Meena Hemchandra, Executive Director on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Banking Regulation and Supervision Agency of Republic of Turkey. The MoU was signed by Mr Mehmet İrfan Kurt, Vice Chairman on behalf of Banking Regulation and Supervision Agency and Mrs Meena Hemchandra, Executive Director on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter
डिसें 21, 2016
RBI Imposes Monetary Penalty on Five Authorised Dealer Banks
The Reserve Bank of India has imposed monetary penalty on the following five banks for violation of Reserve Bank of India’s instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA). The details of the penalty amounts are: S. No. Name of the bank Penalty Amount (in ₹) 1. Bank of America 10,000 2. Bank of Tokyo Mitsubishi 10,000 3. Deutsche Bank 20,000 4. The Royal Bank of Scotland 10,000 5. Standard Chartered Bank 10,000 The penalties
The Reserve Bank of India has imposed monetary penalty on the following five banks for violation of Reserve Bank of India’s instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA). The details of the penalty amounts are: S. No. Name of the bank Penalty Amount (in ₹) 1. Bank of America 10,000 2. Bank of Tokyo Mitsubishi 10,000 3. Deutsche Bank 20,000 4. The Royal Bank of Scotland 10,000 5. Standard Chartered Bank 10,000 The penalties
डिसें 12, 2016
RBI denies Rumours on Axis Bank
The Reserve Bank of India today clarified that it has not initiated any action to cancel the banking licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified Bank Notes in a few branches of the bank. The clarification comes in the background of rumours in a segment of the media that the bank was likely to lose its banking licence. Alpana Killawala Principal Adviser Press Release
The Reserve Bank of India today clarified that it has not initiated any action to cancel the banking licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified Bank Notes in a few branches of the bank. The clarification comes in the background of rumours in a segment of the media that the bank was likely to lose its banking licence. Alpana Killawala Principal Adviser Press Release
डिसें 09, 2016
Scheduled Bank's Statement of Position in India as on Friday, November 25, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 27-NOV-2015 11- NOV -2016 * 25-NOV-2016 * 27-NOV-2015 11-NOV -2016* 25-NOV-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1496.01 1643.53 1892.65 1554.42 1732.37 1962.96 ** b) Borrowings from banks 533.93 640.36 506.5 535.52 641.66 507.22 c) Other demand & time liabilities 63.76 42.15 40.49 63.76 42.15 40.49 II LIABILITIES TO OTHERS (A) a)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 27-NOV-2015 11- NOV -2016 * 25-NOV-2016 * 27-NOV-2015 11-NOV -2016* 25-NOV-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1496.01 1643.53 1892.65 1554.42 1732.37 1962.96 ** b) Borrowings from banks 533.93 640.36 506.5 535.52 641.66 507.22 c) Other demand & time liabilities 63.76 42.15 40.49 63.76 42.15 40.49 II LIABILITIES TO OTHERS (A) a)
डिसें 09, 2016
RBI releases Annual Report of the Banking Ombudsman Scheme
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2015-2016. Highlights 1,02,894 complaints were received by 15 Offices of the Banking Ombudsmen Complaints increased by 21% compared to the previous year. Offices of Banking Ombudsmen maintained a disposal rate of 95%. 18 Awards were issued by the Banking Ombudsmen. 34 appeals were received by the Appellate Authority against the awards/decisions of Banking Ombudsme
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2015-2016. Highlights 1,02,894 complaints were received by 15 Offices of the Banking Ombudsmen Complaints increased by 21% compared to the previous year. Offices of Banking Ombudsmen maintained a disposal rate of 95%. 18 Awards were issued by the Banking Ombudsmen. 34 appeals were received by the Appellate Authority against the awards/decisions of Banking Ombudsme
डिसें 08, 2016
Activity at Banks during November 10 to December 7, 2016
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and/or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. The Reserve Bank has also made arrangements for supply of adequate quantity of banknotes in various denominations to the pub
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and/or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. The Reserve Bank has also made arrangements for supply of adequate quantity of banknotes in various denominations to the pub
डिसें 07, 2016
RBI Withdraws the Incremental CRR
On November 26, 2016 the Reserve Bank had announced an incremental cash reserve ratio (CRR) of 100 per cent of the increase in net demand and time liabilities (NDTL) of scheduled banks between September 16, 2016 and November 11, 2016 effective the fortnight beginning November 26, 2016. It was intended to absorb a part of the large increase in liquidity in the system following the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes. It wa
On November 26, 2016 the Reserve Bank had announced an incremental cash reserve ratio (CRR) of 100 per cent of the increase in net demand and time liabilities (NDTL) of scheduled banks between September 16, 2016 and November 11, 2016 effective the fortnight beginning November 26, 2016. It was intended to absorb a part of the large increase in liquidity in the system following the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes. It wa
नोव्हें 23, 2016
Scheduled Bank's Statement of Position in India as on Friday, November 11, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 13-NOV-2015 28-OCT- 2016* 11-NOV-2016* 13-NOV-2015 28-OCT- 2016* 11-NOV-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1461.94 1574.31 1643.53 1520.35 1641.55 1732.37** b) Borrowings from banks 509.18 597.15 640.36 510.19 597.84 641.66 c) Other demand & time liabilities 58.14 78.57 42.15 58.19 78.57 42.15 II LIABILITIES TO OTHERS (A) a) Depo
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 13-NOV-2015 28-OCT- 2016* 11-NOV-2016* 13-NOV-2015 28-OCT- 2016* 11-NOV-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1461.94 1574.31 1643.53 1520.35 1641.55 1732.37** b) Borrowings from banks 509.18 597.15 640.36 510.19 597.84 641.66 c) Other demand & time liabilities 58.14 78.57 42.15 58.19 78.57 42.15 II LIABILITIES TO OTHERS (A) a) Depo
नोव्हें 23, 2016
Airtel Payments Bank Limited commences operations
Airtel Payments Bank Limited has commenced its operations as a payments bank with effect from November 23, 2016. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Airtel M Commerce Services Limited was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D
Airtel Payments Bank Limited has commenced its operations as a payments bank with effect from November 23, 2016. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Airtel M Commerce Services Limited was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D
नोव्हें 17, 2016
Pay IT dues in advance at RBI or at authorised bank branches - December 2016
It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of December 2016 and it becomes difficult for the Bank to cope with the pressure of receipts although additional counters to the maximum extent possible are provided for the purpose. Consequently, the members of public are required to wait in queues at the Bank for unnecessarily long periods. To obviate the inconvenience involved, assess
It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of December 2016 and it becomes difficult for the Bank to cope with the pressure of receipts although additional counters to the maximum extent possible are provided for the purpose. Consequently, the members of public are required to wait in queues at the Bank for unnecessarily long periods. To obviate the inconvenience involved, assess
नोव्हें 09, 2016
Banks to remain open for public on Saturday, November 12 and Sunday, November 13, 2016
All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain open for public on Saturday, November 12 and Sunday, November 13, 2016. Banks are advised to keep all their branches open on November 12 and 13, 2016 as regular working days for transacting all business. Banks may give due publicity about availability of banking services on these days. Alpana Killawala Principal Adviser Press Release
All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain open for public on Saturday, November 12 and Sunday, November 13, 2016. Banks are advised to keep all their branches open on November 12 and 13, 2016 as regular working days for transacting all business. Banks may give due publicity about availability of banking services on these days. Alpana Killawala Principal Adviser Press Release
नोव्हें 09, 2016
Scheduled Bank's Statement of Position in India as on Friday, October 28, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 30-OCT-2015 14-OCT-2016 * 28-OCT-2016 * 30-OCT-2015 14-OCT-2016 * 28-OCT-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1475.36 1546.41 1574.31 1534.91 1614.43 1641.55 ** b) Borrowings from banks 551.14 609.75 597.15 552.91 611.84 597.84 c) Other demand & time liabilities 97.56 50.22 78.57 97.56 50.22 78.57 II LIABILITIES TO OTHERS (A) a) D
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 30-OCT-2015 14-OCT-2016 * 28-OCT-2016 * 30-OCT-2015 14-OCT-2016 * 28-OCT-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1475.36 1546.41 1574.31 1534.91 1614.43 1641.55 ** b) Borrowings from banks 551.14 609.75 597.15 552.91 611.84 597.84 c) Other demand & time liabilities 97.56 50.22 78.57 97.56 50.22 78.57 II LIABILITIES TO OTHERS (A) a) D
नोव्हें 08, 2016
Banks closed for public on November 9, 2016
All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain closed for public on Wednesday, November 9, 2016. Alpana Killawala Principal Adviser Press Release : 2016-2017/1143
All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain closed for public on Wednesday, November 9, 2016. Alpana Killawala Principal Adviser Press Release : 2016-2017/1143
ऑक्टो 28, 2016
Scheduled Bank's Statement of Position in India as on Friday, October 14, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 16-Oct-15 30-SEP-2016* 14-OCT-2016* 16-Oct-15 30-SEP-2016* 14-OCT-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1295.45 1608.1 1546.41 1353.39 1675.23 1614.43** b) Borrowings from banks 529.39 570.53 609.75 530.91 573.13 611.84 c) Other demand & time liabilities 54.04 90.07 50.22 54.04 90.07 50.22 II LIABILITIES TO OTHERS (A) a) Deposits (o
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 16-Oct-15 30-SEP-2016* 14-OCT-2016* 16-Oct-15 30-SEP-2016* 14-OCT-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1295.45 1608.1 1546.41 1353.39 1675.23 1614.43** b) Borrowings from banks 529.39 570.53 609.75 530.91 573.13 611.84 c) Other demand & time liabilities 54.04 90.07 50.22 54.04 90.07 50.22 II LIABILITIES TO OTHERS (A) a) Deposits (o
ऑक्टो 24, 2016
ATM/Debit Card Data Breach
The Reserve Bank of India convened a meeting today with senior officials from select banks, National Payment Corporation of India and card network operators to review the steps taken by various agencies to contain the adverse fall out of certain card details alleged to have been compromised. It had come to the Reserve Bank’s notice on September 8, 2016 that details of certain cards issued by a few banks had been possibly compromised at Automated Teller Machines (ATMs)
The Reserve Bank of India convened a meeting today with senior officials from select banks, National Payment Corporation of India and card network operators to review the steps taken by various agencies to contain the adverse fall out of certain card details alleged to have been compromised. It had come to the Reserve Bank’s notice on September 8, 2016 that details of certain cards issued by a few banks had been possibly compromised at Automated Teller Machines (ATMs)
ऑक्टो 21, 2016
RBI signs MoU on “Supervisory Cooperation and Exchange of Supervisory Information” with the Central Bank of Myanmar
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Central Bank of Myanmar of the Republic of Union of Myanmar on October 19, 2016. The MoU was signed by Mr. U Kyaw Tin, Minister of State for Foreign Affairs, Government of Myanmar on behalf of Central Bank of Myanmar and Shri S S Mundra, Deputy Governor on behalf of Reserve Bank of India at a function held in New Delhi the augu
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Central Bank of Myanmar of the Republic of Union of Myanmar on October 19, 2016. The MoU was signed by Mr. U Kyaw Tin, Minister of State for Foreign Affairs, Government of Myanmar on behalf of Central Bank of Myanmar and Shri S S Mundra, Deputy Governor on behalf of Reserve Bank of India at a function held in New Delhi the augu
ऑक्टो 20, 2016
RBI imposes penalty on Credit Agricole Corporate and Investment Bank (India)
The Reserve Bank of India has imposed a penalty of ₹ 10 million on Credit Agricole Corporate and Investment Bank (India) in exercise of the powers vested with it under the provisions of Section 47 (A) (1) (c) read with Section 46(4) (i) of the Banking Regulation Act, 1949 for contravention of the provisions of Section 6 of the Banking Regulation Act, 1949. The bank was involved in providing a host of services to and earning fees from its outsourcing agency Credit Agri
The Reserve Bank of India has imposed a penalty of ₹ 10 million on Credit Agricole Corporate and Investment Bank (India) in exercise of the powers vested with it under the provisions of Section 47 (A) (1) (c) read with Section 46(4) (i) of the Banking Regulation Act, 1949 for contravention of the provisions of Section 6 of the Banking Regulation Act, 1949. The bank was involved in providing a host of services to and earning fees from its outsourcing agency Credit Agri
ऑक्टो 17, 2016
Scheduled Bank's Statement of Position in India as on Friday, September 30, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 2-Oct-15 16-SEP-2016* 30-SEP-2016* 2-Oct-15 16-SEP-2016* 30-SEP-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1335.82 1475.88 1584.8 1393.37 1542.48 1651.93** b) Borrowings from banks 528.98 644.56 570.2 529.81 645.54 572.8 c) Other demand & time liabilities 57.8 62.44 90.33 57.8 62.44 90.33 II LIABILITIES TO OTHERS (A) a) Deposits (other t
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 2-Oct-15 16-SEP-2016* 30-SEP-2016* 2-Oct-15 16-SEP-2016* 30-SEP-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1335.82 1475.88 1584.8 1393.37 1542.48 1651.93** b) Borrowings from banks 528.98 644.56 570.2 529.81 645.54 572.8 c) Other demand & time liabilities 57.8 62.44 90.33 57.8 62.44 90.33 II LIABILITIES TO OTHERS (A) a) Deposits (other t
ऑक्टो 06, 2016
Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy
The Reserve Bank of India today placed on its website, the Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy (Chair: Smt. Lily Vadera, Chief General Manager, Department of Banking Regulation). Suggestions/comments, if any, on the recommendations contained in the Report, may be sent by email on or before November 5, 2016. Recommendations The thrust of the recommendations is to facilitate financial inclusion by ensuring availab
The Reserve Bank of India today placed on its website, the Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy (Chair: Smt. Lily Vadera, Chief General Manager, Department of Banking Regulation). Suggestions/comments, if any, on the recommendations contained in the Report, may be sent by email on or before November 5, 2016. Recommendations The thrust of the recommendations is to facilitate financial inclusion by ensuring availab
सप्टें 28, 2016
Scheduled Bank's Statement of Position in India as on Friday, September 16, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 18-SEP- 2015 02-SEP- 2016 * 16-SEP- 2016 * 18-SEP- 2015 02-SEP- 2016 * 16-SEP- 2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1262.05 1460.95 1472.41 1318.41 1528.09 1539.01 ** b) Borrowings from banks 543.62 607.21 644.56 544.65 607.74 645.54 c) Other demand & time liabilities 94.82 53.3 62.44 94.82 53.3 62.44 II LIABILITIES TO OTHERS (A)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 18-SEP- 2015 02-SEP- 2016 * 16-SEP- 2016 * 18-SEP- 2015 02-SEP- 2016 * 16-SEP- 2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1262.05 1460.95 1472.41 1318.41 1528.09 1539.01 ** b) Borrowings from banks 543.62 607.21 644.56 544.65 607.74 645.54 c) Other demand & time liabilities 94.82 53.3 62.44 94.82 53.3 62.44 II LIABILITIES TO OTHERS (A)
सप्टें 20, 2016
Financial Action Task Force (FATF) Public Statement dated June 24, 2016
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdictions of Iran and Democratic People's Republic of Korea (DPRK). FATF has further identified the following jurisdictions as having strategic deficiencies and have developed an action plan with the
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdictions of Iran and Democratic People's Republic of Korea (DPRK). FATF has further identified the following jurisdictions as having strategic deficiencies and have developed an action plan with the
सप्टें 15, 2016
Scheduled Bank's Statement of Position in India as on Friday, September 02, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 04-SEP-2015 19-AUG-2016 * 02-SEP-2016 * 04-SEP-2015 19-AUG-2016 * 02-SEP-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1268.15 1459.66 1460.95 1325.03 1526.23 1528.09 ** b) Borrowings from banks 467.13 574.29 607.21 468.77 575.06 607.74 c) Other demand & time liabilities 68.14 52.96 53.3 68.14 52.96 53.3 II LIABILITIES TO OTHERS (A) a) Dep
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 04-SEP-2015 19-AUG-2016 * 02-SEP-2016 * 04-SEP-2015 19-AUG-2016 * 02-SEP-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1268.15 1459.66 1460.95 1325.03 1526.23 1528.09 ** b) Borrowings from banks 467.13 574.29 607.21 468.77 575.06 607.74 c) Other demand & time liabilities 68.14 52.96 53.3 68.14 52.96 53.3 II LIABILITIES TO OTHERS (A) a) Dep
सप्टें 12, 2016
Equitas Small Finance Bank Limited commences operations
The Reserve Bank of India has issued a licence to Equitas Small Finance Bank Limited under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank (SFB) in India. Apropos the issue of licence, Equitas Small Finance Bank Limited commenced its operations as a small finance bank (SFB) from September 5, 2016. Equitas Holding P Limited was one of the 10 applicants that were issued in-principle approval for setting up SFBs as announ
The Reserve Bank of India has issued a licence to Equitas Small Finance Bank Limited under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank (SFB) in India. Apropos the issue of licence, Equitas Small Finance Bank Limited commenced its operations as a small finance bank (SFB) from September 5, 2016. Equitas Holding P Limited was one of the 10 applicants that were issued in-principle approval for setting up SFBs as announ
सप्टें 01, 2016
Implementation of margin requirements for non-centrally cleared derivatives
The Reserve Bank of India has decided to postpone the introduction of margin requirements for non-centrally cleared derivatives. This decision has been taken as many other jurisdictions have announced delay in the implementation timeline of the margin requirements, as also due to lack of industry preparedness in terms of infrastructure for efficient exchange of margins. This will help avoid cross border implementation issues, and will also provide market participants
The Reserve Bank of India has decided to postpone the introduction of margin requirements for non-centrally cleared derivatives. This decision has been taken as many other jurisdictions have announced delay in the implementation timeline of the margin requirements, as also due to lack of industry preparedness in terms of infrastructure for efficient exchange of margins. This will help avoid cross border implementation issues, and will also provide market participants
ऑग 31, 2016
Scheduled Bank's Statement of Position in India as on Friday, August 19, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 21-AUG-2015 05-AUG-2016 * 19-AUG-2016 * 21-AUG-2015 05-AUG-2016 * 19-AUG-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1292.69 1453.81 1459.66 1348.64 1520.95 1526.23 ** b) Borrowings from banks 444.89 623.01 574.29 446.14 623.79 575.06 c) Other demand & time liabilities 72 73.67 52.96 72.07 73.67 52.96 II LIABILITIES TO OTHERS (A) a) Depo
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 21-AUG-2015 05-AUG-2016 * 19-AUG-2016 * 21-AUG-2015 05-AUG-2016 * 19-AUG-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1292.69 1453.81 1459.66 1348.64 1520.95 1526.23 ** b) Borrowings from banks 444.89 623.01 574.29 446.14 623.79 575.06 c) Other demand & time liabilities 72 73.67 52.96 72.07 73.67 52.96 II LIABILITIES TO OTHERS (A) a) Depo
ऑग 25, 2016
RBI Seeks Comments on Draft Large Exposures Framework
The Reserve Bank of India today placed on its website the Draft Large Exposures (LE) Framework for comments. The salient features of the proposed Large Exposures (LE) Framework include: The Large Exposure (LE) limit in respect of each counterparty and group of connected counterparties, under normal circumstances, will be capped at 20 percent and 25 percent respectively of the eligible capital base The eligible capital base will be defined as the Tier 1 capital of the
The Reserve Bank of India today placed on its website the Draft Large Exposures (LE) Framework for comments. The salient features of the proposed Large Exposures (LE) Framework include: The Large Exposure (LE) limit in respect of each counterparty and group of connected counterparties, under normal circumstances, will be capped at 20 percent and 25 percent respectively of the eligible capital base The eligible capital base will be defined as the Tier 1 capital of the
ऑग 25, 2016
RBI identifies SBI and ICICI Bank as D-SIBs in 2016
The Reserve Bank of India has identified State Bank of India (SBI) and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) in 2016 and has retained their bucketing structure as it was last year. The additional Common Equity Tier 1 (CET1) requirement for these banks has already been phased-in from April 1, 2016 and would become fully effective from April 1, 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. The update
The Reserve Bank of India has identified State Bank of India (SBI) and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) in 2016 and has retained their bucketing structure as it was last year. The additional Common Equity Tier 1 (CET1) requirement for these banks has already been phased-in from April 1, 2016 and would become fully effective from April 1, 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. The update
ऑग 22, 2016
Scheduled Bank's Statement of Position in India as on Friday, August 05, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS(Including RRBs) ALL SCHEDULED BANKS 07-AUG-2015 22-JUL-2016* 05-AUG-2016* 07-AUG-2015 22-JUL-2016* 05-AUG-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1276.17 1438.97 1449.79 1332.13 1506.54 1517.03** b) Borrowings from banks 516.46 622.75 621.83 517.82 623.76 622.61 c) Other demand & time liabilities 56.07 73.8 73.87 56.15 73.8 73.87 II LIABILITIES TO OTHERS (A) a) Deposits
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS(Including RRBs) ALL SCHEDULED BANKS 07-AUG-2015 22-JUL-2016* 05-AUG-2016* 07-AUG-2015 22-JUL-2016* 05-AUG-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1276.17 1438.97 1449.79 1332.13 1506.54 1517.03** b) Borrowings from banks 516.46 622.75 621.83 517.82 623.76 622.61 c) Other demand & time liabilities 56.07 73.8 73.87 56.15 73.8 73.87 II LIABILITIES TO OTHERS (A) a) Deposits
ऑग 16, 2016
Interesting, Profitable, and Challenging: Banking in India Today
"The current times are interesting, profitable, and challenging for the financial sector. Interesting because the level of competition is going to increase manifold, both for customers as well as for talent, transforming even the sleepiest areas in financial services; profitable because new technologies, information, and new techniques will open up vastly new business opportunities and customers; and challenging because competition and novelty constitute a particularl
"The current times are interesting, profitable, and challenging for the financial sector. Interesting because the level of competition is going to increase manifold, both for customers as well as for talent, transforming even the sleepiest areas in financial services; profitable because new technologies, information, and new techniques will open up vastly new business opportunities and customers; and challenging because competition and novelty constitute a particularl
ऑग 11, 2016
RBI seeks Comments on Draft Circular on Customer Protection - Limiting Liability of Customers in Unauthorised Electronic Banking Transactions
The Reserve Bank of India has today placed on its website the Draft Circular on “Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions”, for feedback. Suggestions/comments, if any, on the Draft Circular may be sent by post to the Chief General Manager, Department of Banking Regulation, Reserve Bank of India, Central Office, 12th Floor, Shahid Bhagat Singh Marg, Mumbai-400 001, or Please click here to send email on or bef
The Reserve Bank of India has today placed on its website the Draft Circular on “Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions”, for feedback. Suggestions/comments, if any, on the Draft Circular may be sent by post to the Chief General Manager, Department of Banking Regulation, Reserve Bank of India, Central Office, 12th Floor, Shahid Bhagat Singh Marg, Mumbai-400 001, or Please click here to send email on or bef
ऑग 04, 2016
RBI constitutes a Committee on Household Finance
The Reserve Bank of India (RBI) has set up a committee to look at the various facets of household finance in India and to benchmark India’s position vis-à-vis both the peer countries and advanced countries. The Committee will be chaired by Dr. Tarun Ramadorai, Professor of Financial Economics, University of Oxford and will have representation from financial sector regulators, namely, Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development A
The Reserve Bank of India (RBI) has set up a committee to look at the various facets of household finance in India and to benchmark India’s position vis-à-vis both the peer countries and advanced countries. The Committee will be chaired by Dr. Tarun Ramadorai, Professor of Financial Economics, University of Oxford and will have representation from financial sector regulators, namely, Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development A
ऑग 04, 2016
RBI Governor launches Website 'सचेत' to curb Illegal Collection of Deposits
“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in future from carrying out unlawful activity. I hope ‘Sachet’ would help regulators in doing this as much as it would help members of public in depositing their hard earned money with genuine entities by giving them timely information about these entities.” Dr. Raghuram G. Rajan, Governor, Reserve Bank of India said this today while launching ‘Sac
“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in future from carrying out unlawful activity. I hope ‘Sachet’ would help regulators in doing this as much as it would help members of public in depositing their hard earned money with genuine entities by giving them timely information about these entities.” Dr. Raghuram G. Rajan, Governor, Reserve Bank of India said this today while launching ‘Sac
ऑग 03, 2016
Scheduled Bank's Statement of Position in India as on Friday, July 22, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 24-JUL-2015 08-JUL-2016 * 22-JUL-2016 * 24-JUL-2015 08-JUL-2016 * 22-JUL-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1288.55 1372.96 1438.97 1343.86 1440.12 1506.54 ** b) Borrowings from banks 405.1 617.3 622.75 405.87 621.53 623.76 c) Other demand & time liabilities 93.29 53.16 73.8 93.38 53.16 73.8 II LIABILITIES TO OTHERS (A) a) Depos
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 24-JUL-2015 08-JUL-2016 * 22-JUL-2016 * 24-JUL-2015 08-JUL-2016 * 22-JUL-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1288.55 1372.96 1438.97 1343.86 1440.12 1506.54 ** b) Borrowings from banks 405.1 617.3 622.75 405.87 621.53 623.76 c) Other demand & time liabilities 93.29 53.16 73.8 93.38 53.16 73.8 II LIABILITIES TO OTHERS (A) a) Depos
ऑग 01, 2016
RBI releases Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector
The Reserve Bank of India today released on its website, “Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”. Some of the key aspects of the Guidelines include: (i) resident individuals and professionals having 10 years of experience in banking and finance at a senior level are also eligible to promote universal banks; (ii) large industrial houses are excluded as eligible entities but are permitted to invest in the banks up to 10 per cent; (ii
The Reserve Bank of India today released on its website, “Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”. Some of the key aspects of the Guidelines include: (i) resident individuals and professionals having 10 years of experience in banking and finance at a senior level are also eligible to promote universal banks; (ii) large industrial houses are excluded as eligible entities but are permitted to invest in the banks up to 10 per cent; (ii
जुलै 28, 2016
RBI Imposes Monetary Penalty on UCO Bank
The Reserve Bank of India has imposed a monetary penalty of ₹ 10 Million on UCO Bank for contravention of its instructions relating to opening of current account and providing bill discounting facilities to account holders without having any borrowing facility with the bank resulting in siphoning of funds. This penalty has been imposed in exercise of powers vested in the Reserve Bank under the provisions of Section 47(A)(1)(c) read with Section 46(4)(i) of the Banking
The Reserve Bank of India has imposed a monetary penalty of ₹ 10 Million on UCO Bank for contravention of its instructions relating to opening of current account and providing bill discounting facilities to account holders without having any borrowing facility with the bank resulting in siphoning of funds. This penalty has been imposed in exercise of powers vested in the Reserve Bank under the provisions of Section 47(A)(1)(c) read with Section 46(4)(i) of the Banking
जुलै 27, 2016
RBI hosts Supervisory College for Bank of Baroda and Bank of India
PhotographsMeetings of the Supervisory Colleges of Bank of Baroda and Bank of India were held at Mumbai on July 25 and 26, 2016 respectively. Shri S.S. Mundra, Deputy Governor, Reserve Bank of India inaugurated the proceedings of the Colleges. Twenty three supervisors from thirteen overseas banking supervisory authorities participated in the Supervisory College of Bank of Baroda on July 25, 2016. Nineteen supervisors from eleven overseas banking supervisory authoritie
PhotographsMeetings of the Supervisory Colleges of Bank of Baroda and Bank of India were held at Mumbai on July 25 and 26, 2016 respectively. Shri S.S. Mundra, Deputy Governor, Reserve Bank of India inaugurated the proceedings of the Colleges. Twenty three supervisors from thirteen overseas banking supervisory authorities participated in the Supervisory College of Bank of Baroda on July 25, 2016. Nineteen supervisors from eleven overseas banking supervisory authoritie
जुलै 27, 2016
RBI penalises 13 Banks for violating KYC Norms
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
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
जुलै 21, 2016
Scheduled Bank's Statement of Position in India as on Friday, July 08, 2016
(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
(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
जुलै 14, 2016
RBI sets up Inter-regulatory Working Group on Fin Tech and Digital Banking
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
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
जुलै 07, 2016
Scheduled Bank's Statement of Position in India as on Friday, June 24, 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
(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
जुलै 01, 2016
RBI signs Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the National Bank of Cambodia
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 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
जून 23, 2016
RBI releases Draft Guidelines for Capital for CCR and Exposure to CCPs
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 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
जून 23, 2016
Comprehensive Master Direction on Financial Statements by All India Financial Institutions
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 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
जून 22, 2016
Resolving Stress in the Banking System and Restoring Credit Growth Vital to Growth Agenda: RBI Governor
“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
“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
जून 22, 2016
Scheduled Bank's Statement of Position in India as on Friday, June 10, 2016
(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
(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
जून 13, 2016
RBI introduces a ‘Scheme for Sustainable Structuring of Stressed Assets’
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
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
जून 08, 2016
Scheduled Bank's Statement of Position in India as on Friday, May 27, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 29-MAY- 2015 13-MAY- 2016 * 27-MAY- 2016 * 29-MAY- 2015 13-MAY- 2016 * 27-MAY- 2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1174.71 1478.68 1471.28 1244.59 1545.67 1537.82 ** b) Borrowings from banks 394.49 508.89 575.52 396.81 512.32 578.61 c) Other demand & time liabilities 70.48 73.9 110.33 71.01 73.9 110.33 II LIABILITIES TO OTHERS (A
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 29-MAY- 2015 13-MAY- 2016 * 27-MAY- 2016 * 29-MAY- 2015 13-MAY- 2016 * 27-MAY- 2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1174.71 1478.68 1471.28 1244.59 1545.67 1537.82 ** b) Borrowings from banks 394.49 508.89 575.52 396.81 512.32 578.61 c) Other demand & time liabilities 70.48 73.9 110.33 71.01 73.9 110.33 II LIABILITIES TO OTHERS (A
मे 26, 2016
Comprehensive Master Directions on Financial Services provided by Banks
The Reserve Bank of India today issued the Master Directions on Financial Services provided by Banks. The Master Directions issued today consolidate all relevant instructions issued by the Reserve Bank of India (RBI) so far on the subject and will be applicable to all Scheduled Commercial Banks (excluding RRBs). The extant instructions have been rationalized and aligned, in keeping with the current regulatory framework for the banks, while deleting those that have bec
The Reserve Bank of India today issued the Master Directions on Financial Services provided by Banks. The Master Directions issued today consolidate all relevant instructions issued by the Reserve Bank of India (RBI) so far on the subject and will be applicable to all Scheduled Commercial Banks (excluding RRBs). The extant instructions have been rationalized and aligned, in keeping with the current regulatory framework for the banks, while deleting those that have bec
मे 25, 2016
Scheduled Bank's Statement of Position in India as on Friday, May 13, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 15-MAY-2015 29-APR- 2016 * 13-MAY- 2016 * 15-MAY- 2015 29-APR- 2016 * 13-MAY- 2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1180.47 1535.48 1478.68 1232.93 1602.14 1545.67 ** b) Borrowings from banks 375.86 643.12 508.89 380.92 645.83 512.32 c) Other demand & time liabilities 68.01 82.34 73.9 68.07 82.34 73.9 II LIABILITIES TO OTHERS (A) a
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 15-MAY-2015 29-APR- 2016 * 13-MAY- 2016 * 15-MAY- 2015 29-APR- 2016 * 13-MAY- 2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1180.47 1535.48 1478.68 1232.93 1602.14 1545.67 ** b) Borrowings from banks 375.86 643.12 508.89 380.92 645.83 512.32 c) Other demand & time liabilities 68.01 82.34 73.9 68.07 82.34 73.9 II LIABILITIES TO OTHERS (A) a
मे 19, 2016
RBI aligns Rules for Investment in Credit Information Companies (CICs)
The Reserve Bank of India has, in supersession of its directive dated November 29, 2013, revised its directions (DBR. CID. BC. No.98/20.16.042/2015-16 dated May 19, 2016), allowing higher Foreign Direct Investment (FDI) limits in Credit Information Companies (CICs) to entities which have an established track record of running a Credit Information Bureau in a well regulated environment, as under: up to 49 per cent if ownership of the investor company is not well divers
The Reserve Bank of India has, in supersession of its directive dated November 29, 2013, revised its directions (DBR. CID. BC. No.98/20.16.042/2015-16 dated May 19, 2016), allowing higher Foreign Direct Investment (FDI) limits in Credit Information Companies (CICs) to entities which have an established track record of running a Credit Information Bureau in a well regulated environment, as under: up to 49 per cent if ownership of the investor company is not well divers
मे 16, 2016
Pay IT dues in advance at RBI or at authorised bank branches - June 2016
The Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date. It has also stated that assessees can use alternate channels like select branches of agency banks or the facility of online payment of taxes offered by these banks. These will obviate the inconvenience involved in standing in long queues at the Reserve Bank offices. It is observed that the rush for remitting Income –Tax dues through th
The Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date. It has also stated that assessees can use alternate channels like select branches of agency banks or the facility of online payment of taxes offered by these banks. These will obviate the inconvenience involved in standing in long queues at the Reserve Bank offices. It is observed that the rush for remitting Income –Tax dues through th
मे 12, 2016
RBI tweaks Guidelines on Ownership/Shareholding in Private Sector Banks
The Reserve Bank of India has reviewed the extant guidelines on ownership in private sector banks which envisaged diversified shareholding in private sector banks by a single entity/corporate entity/group of related entities. The guidelines have been reviewed against the background of the guidelines on licensing of new banks in the private sector issued in February 2013, the need for additional capital for the banks consequent to the implementation of Basel III capita
The Reserve Bank of India has reviewed the extant guidelines on ownership in private sector banks which envisaged diversified shareholding in private sector banks by a single entity/corporate entity/group of related entities. The guidelines have been reviewed against the background of the guidelines on licensing of new banks in the private sector issued in February 2013, the need for additional capital for the banks consequent to the implementation of Basel III capita
मे 12, 2016
RBI releases Discussion Paper on Framework for enhancing Credit Supply for Large Borrowers through Market Mechanism
The Reserve Bank of India today placed on its website the Discussion Paper (DP) on Framework for enhancing Credit Supply for Large Borrowers through Market Mechanism. Absence of an overarching ceiling on total bank borrowing by a corporate entity from the banking system has resulted in banks collectively having very high exposures to some of the large corporates in India. The proposed Framework is proposed with a view to mitigating the risk posed to the banking system
The Reserve Bank of India today placed on its website the Discussion Paper (DP) on Framework for enhancing Credit Supply for Large Borrowers through Market Mechanism. Absence of an overarching ceiling on total bank borrowing by a corporate entity from the banking system has resulted in banks collectively having very high exposures to some of the large corporates in India. The proposed Framework is proposed with a view to mitigating the risk posed to the banking system
मे 12, 2016
Scheduled Bank's Statement of Position in India as on Friday, April 29, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 1-May-15 15-APR-2016 * 29-APR-2016 * 1-May-15 15-APR-2016 * 29-APR-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1176.51 1553.88 1535.48 1229.74 1621.19 1602.14 ** b) Borrowings from banks 414.95 604.04 643.12 416.69 606.17 645.83 c) Other demand & time liabilities 60.06 56.03 82.34 60.12 56.05 82.34 II LIABILITIES TO OTHERS (A) a) Deposit
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 1-May-15 15-APR-2016 * 29-APR-2016 * 1-May-15 15-APR-2016 * 29-APR-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1176.51 1553.88 1535.48 1229.74 1621.19 1602.14 ** b) Borrowings from banks 414.95 604.04 643.12 416.69 606.17 645.83 c) Other demand & time liabilities 60.06 56.03 82.34 60.12 56.05 82.34 II LIABILITIES TO OTHERS (A) a) Deposit
मे 05, 2016
RBI releases “Draft Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”
The Reserve Bank of India today released on its website, “Draft Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”. It has sought views/comments on the draft guidelines from banks, non-banking financial institutions, industrial houses, other institutions and the public at large. Suggestions and comments on the draft guidelines may be sent by June 30, 2016 to the Chief General Manager, Reserve Bank of India, Department of Banking Regulation, Ce
The Reserve Bank of India today released on its website, “Draft Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”. It has sought views/comments on the draft guidelines from banks, non-banking financial institutions, industrial houses, other institutions and the public at large. Suggestions and comments on the draft guidelines may be sent by June 30, 2016 to the Chief General Manager, Reserve Bank of India, Department of Banking Regulation, Ce
एप्रि 27, 2016
Scheduled Bank's Statement of Position in India as on Friday, April 15, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 17-APR-2015 01-APR-2016 * 15-APR-2016 * 17-APR-2015 01-APR-2016 * 15-APR-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1155.47 1668.72 1553.88 1208.93 1735.08 1621.19 ** b) Borrowings from banks 407.78 511.67 604.04 410.46 514.87 606.17 c) Other demand & time liabilities 58.97 55.32 56.03 59.02 55.32 56.05 II LIABILITIES TO OTHERS (A) a) D
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 17-APR-2015 01-APR-2016 * 15-APR-2016 * 17-APR-2015 01-APR-2016 * 15-APR-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1155.47 1668.72 1553.88 1208.93 1735.08 1621.19 ** b) Borrowings from banks 407.78 511.67 604.04 410.46 514.87 606.17 c) Other demand & time liabilities 58.97 55.32 56.03 59.02 55.32 56.05 II LIABILITIES TO OTHERS (A) a) D
भारतीय रिझर्व्ह बँक मोबाईल ॲप्लिकेशन इंस्टॉल करा आणि नवीनतम बातम्यांचा त्वरित ॲक्सेस मिळवा!
पेज अंतिम अपडेट तारीख: जून 19, 2025
