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ଜୁଲାଇ 06, 2017
Small Finance Banks – Compendium of Guidelines on Financial Inclusion and Development
RBI/2017-18/14 FIDD.CO.SFB.No.9/04.09.001/2017-18 July 6, 2017 The Chairman/ Managing Director/ Chief Executive Officer Small Finance Banks Dear Sir/Madam, Small Finance Banks – Compendium of Guidelines on Financial Inclusion and Development In view of the announcement made in the budget 2014-15 regarding creation of a framework for licensing small banks, and to give a thrust to the supply of credit to micro and small enterprises, agriculture and banking services in u
RBI/2017-18/14 FIDD.CO.SFB.No.9/04.09.001/2017-18 July 6, 2017 The Chairman/ Managing Director/ Chief Executive Officer Small Finance Banks Dear Sir/Madam, Small Finance Banks – Compendium of Guidelines on Financial Inclusion and Development In view of the announcement made in the budget 2014-15 regarding creation of a framework for licensing small banks, and to give a thrust to the supply of credit to micro and small enterprises, agriculture and banking services in u
ଜୁନ 29, 2017
Specified Bank Notes held by DCCBs
RBI/2016-17/331 DCM (Plg) No.5720/10.27.00/2016-17 June 29, 2017 The Chairman / Managing Director/ Chief Executive Officer, District Central Co-operative Banks Madam/Dear Sir, Specified Bank Notes held by DCCBs Please refer to the Specified Bank Notes (Deposit by Banks, Post Offices and District Central Co-operative Banks) Rules, 2017 (copy enclosed) notified by the Government of India on June 20, 2017. In terms of para 2 thereof, it has been decided to accept from DC
RBI/2016-17/331 DCM (Plg) No.5720/10.27.00/2016-17 June 29, 2017 The Chairman / Managing Director/ Chief Executive Officer, District Central Co-operative Banks Madam/Dear Sir, Specified Bank Notes held by DCCBs Please refer to the Specified Bank Notes (Deposit by Banks, Post Offices and District Central Co-operative Banks) Rules, 2017 (copy enclosed) notified by the Government of India on June 20, 2017. In terms of para 2 thereof, it has been decided to accept from DC
ଜୁନ 22, 2017
Exclusion of “The Royal Bank of Scotland N.V.” from the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2016-17/325 DBR.No.Ret.BC.75/12.07.150/2016-17 June 22, 2017 All Scheduled Commercial Banks Dear Sir, Exclusion of “The Royal Bank of Scotland N.V.” from the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “The Royal Bank of Scotland N.V.” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.9999/23.13.020/2016-17 dated February 28, 2017, and published in the Gazette of India (Part
RBI/2016-17/325 DBR.No.Ret.BC.75/12.07.150/2016-17 June 22, 2017 All Scheduled Commercial Banks Dear Sir, Exclusion of “The Royal Bank of Scotland N.V.” from the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “The Royal Bank of Scotland N.V.” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.9999/23.13.020/2016-17 dated February 28, 2017, and published in the Gazette of India (Part
ଜୁନ 22, 2017
Payment of agency commission for government receipts
RBI/2016-17/327 DGBA.GBD.No.3333/31.02.007/2016-17 June 22, 2017 All Agency Banks Dear Sir / Madam Payment of agency commission for government receipts Please refer to Circular No. DGBA.GAD.7575/31.12.011/2011-12 dated May 22, 2012 regarding the rationalisation and revision of agency commission payable to agency banks on government transactions undertaken by them. 2. As you are aware, the agency commission on government receipts is paid by Reserve Bank per transaction
RBI/2016-17/327 DGBA.GBD.No.3333/31.02.007/2016-17 June 22, 2017 All Agency Banks Dear Sir / Madam Payment of agency commission for government receipts Please refer to Circular No. DGBA.GAD.7575/31.12.011/2011-12 dated May 22, 2012 regarding the rationalisation and revision of agency commission payable to agency banks on government transactions undertaken by them. 2. As you are aware, the agency commission on government receipts is paid by Reserve Bank per transaction
ଜୁନ 19, 2017
Auction of Government of India Dated Securities
RBI/2016-17/329 DBR.NBD.No.77/16.13.218/2016-17 June 29, 2017 Chief Executive Officers of Payments Banks Madam / Dear Sir, Limits on balances in customer accounts with payments banks – sweep out arrangements with other banks Please refer to paragraph 7(i) of the Operating Guidelines for Payments Banks (‘Operating Guidelines’) dated October 6, 2016, under which payments banks (PBs) were permitted to make arrangements with a scheduled commercial bank / small finance ban
RBI/2016-17/329 DBR.NBD.No.77/16.13.218/2016-17 June 29, 2017 Chief Executive Officers of Payments Banks Madam / Dear Sir, Limits on balances in customer accounts with payments banks – sweep out arrangements with other banks Please refer to paragraph 7(i) of the Operating Guidelines for Payments Banks (‘Operating Guidelines’) dated October 6, 2016, under which payments banks (PBs) were permitted to make arrangements with a scheduled commercial bank / small finance ban
ଜୁନ 15, 2017
Formation of a new district in the State of West Bengal - Assignment of Lead Bank Responsibility
RBI/2016-17/323 FIDD.CO.LBS.BC.No.32/02.08.001/2016-17 June 15, 2017 The Chairman and Managing Director/Chief Executive Officer All Lead Banks Dear Sir/Madam, Formation of a new district in the State of West Bengal - Assignment of Lead Bank Responsibility The Government of West Bengal vide Gazette Notification dated February 07, 2017 notified the creation of a new district “Kalimpong” by redefining the limits of Darjeeling District of West Bengal. It has been decided
RBI/2016-17/323 FIDD.CO.LBS.BC.No.32/02.08.001/2016-17 June 15, 2017 The Chairman and Managing Director/Chief Executive Officer All Lead Banks Dear Sir/Madam, Formation of a new district in the State of West Bengal - Assignment of Lead Bank Responsibility The Government of West Bengal vide Gazette Notification dated February 07, 2017 notified the creation of a new district “Kalimpong” by redefining the limits of Darjeeling District of West Bengal. It has been decided
ଜୁନ 08, 2017
Aligning roadmap for unbanked villages having population more than 5000 with revised guidelines on Branch Authorisation Policy
RBI/2016-17/320 FIDD.CO.LBS.BC.No 31/02.01.001/2016-17 June 8, 2017 The Chairman and Managing Director/ Chief Executive Officer SLBC Convenor Banks Dear Sir, Aligning roadmap for unbanked villages having population more than 5000 with revised guidelines on Branch Authorisation Policy Please refer to the circular FIDD.CO.LBS.BC.No.82/02.01.001/2015-16 dated December 31, 2015 wherein SLBCs were advised to identify villages with population above 5000 without a bank branc
RBI/2016-17/320 FIDD.CO.LBS.BC.No 31/02.01.001/2016-17 June 8, 2017 The Chairman and Managing Director/ Chief Executive Officer SLBC Convenor Banks Dear Sir, Aligning roadmap for unbanked villages having population more than 5000 with revised guidelines on Branch Authorisation Policy Please refer to the circular FIDD.CO.LBS.BC.No.82/02.01.001/2015-16 dated December 31, 2015 wherein SLBCs were advised to identify villages with population above 5000 without a bank branc
ଜୁନ 01, 2017
Introduction of Legal Entity Identifier for OTC derivatives markets
RBI/2016-17/314 FMRD.FMID No.14/11.01.007/2016-17 June 01, 2017 To All eligible participants in the OTC derivatives markets Dear Sir/Madam Introduction of Legal Entity Identifier for OTC derivatives markets The Legal Entity Identifier (LEI) code has been conceived of as a key measure to improve the quality and accuracy of financial data systems for better risk management post the Global Financial Crisis. The LEI is a 20-character unique identity code assigned to entit
RBI/2016-17/314 FMRD.FMID No.14/11.01.007/2016-17 June 01, 2017 To All eligible participants in the OTC derivatives markets Dear Sir/Madam Introduction of Legal Entity Identifier for OTC derivatives markets The Legal Entity Identifier (LEI) code has been conceived of as a key measure to improve the quality and accuracy of financial data systems for better risk management post the Global Financial Crisis. The LEI is a 20-character unique identity code assigned to entit
ମଇ 25, 2017
Formation of new districts in the State of Arunachal Pradesh - Assignment of Lead Bank Responsibility
RBI/2016-17/310 FIDD.CO.LBS.BC.No.30/02.08.001/2016-17 May 25, 2017 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of new districts in the State of Arunachal Pradesh - Assignment of Lead Bank Responsibility The Government of Arunachal Pradesh vide Gazette Notification dated March 3, 2014 had notified the creation of four new districts in the State of Arunachal Pradesh. It has been decided to assign the lead bank responsibility of the ne
RBI/2016-17/310 FIDD.CO.LBS.BC.No.30/02.08.001/2016-17 May 25, 2017 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of new districts in the State of Arunachal Pradesh - Assignment of Lead Bank Responsibility The Government of Arunachal Pradesh vide Gazette Notification dated March 3, 2014 had notified the creation of four new districts in the State of Arunachal Pradesh. It has been decided to assign the lead bank responsibility of the ne
ମଇ 25, 2017
Continuation of Interest Subvention Scheme for short-term crop loans on interim basis during the year 2017-18 - regarding
RBI/2016-17/308 FIDD.CO.FSD.BC.No.29/05.02.001/2016-17 May 25, 2017 To The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam, Continuation of Interest Subvention Scheme for short-term crop loans on interim basis during the year 2017-18- regarding Please refer to our Circular FIDD. CO. FSD. BC. No 9/05.02.001/2016-17 dated August 4, 2016 on Interest Subvention Scheme for Short-term Crop Loans 2016-17 wherein we had a
RBI/2016-17/308 FIDD.CO.FSD.BC.No.29/05.02.001/2016-17 May 25, 2017 To The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam, Continuation of Interest Subvention Scheme for short-term crop loans on interim basis during the year 2017-18- regarding Please refer to our Circular FIDD. CO. FSD. BC. No 9/05.02.001/2016-17 dated August 4, 2016 on Interest Subvention Scheme for Short-term Crop Loans 2016-17 wherein we had a

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