Notifications - Regulating Commercial Banking - ଆରବିଆଇ - Reserve Bank of India
notifications
ସେପ୍ଟେମ୍ବର 27, 2018
Basel III Framework on Liquidity Standards - Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards
RBI/2018-19/51 DBR.BP.BC.No.4/21.04.098/2018-19 September 27, 2018 All Scheduled Commercial Banks (Excluding RRBs) & Small Finance Banks (SFBs) Dear Sir, Basel III Frameworkon Liquidity Standards - Liquidity Coverage Ratio (LCR),Liquidity Risk Monitoring Tools and LCR Disclosure StandardsPlease refer to our circular DBR.BP.BC.No.114/21.04.098/2017-18 dated June 15, 2018 and other associated circulars on the captioned subject.2. Presently, the assets allowed as the
RBI/2018-19/51 DBR.BP.BC.No.4/21.04.098/2018-19 September 27, 2018 All Scheduled Commercial Banks (Excluding RRBs) & Small Finance Banks (SFBs) Dear Sir, Basel III Frameworkon Liquidity Standards - Liquidity Coverage Ratio (LCR),Liquidity Risk Monitoring Tools and LCR Disclosure StandardsPlease refer to our circular DBR.BP.BC.No.114/21.04.098/2017-18 dated June 15, 2018 and other associated circulars on the captioned subject.2. Presently, the assets allowed as the
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ଅଗଷ୍ଟ 02, 2018
Maintenance of CRR/SLR on Foreign Currency Assets/Liabilities- Reference rate for INR/USD and exchange rate of other major currencies
RBI/2018-19/34 DBR.Ret.BC.No.01/12.01.001/2018-19 August 02, 2018 The Chairperson / CEOs of all Scheduled and Non- Scheduled Banks Dear Sir/Madam, Maintenance of CRR/SLR on Foreign Currency Assets/Liabilities– Reference rate for INR/USD and exchange rate of other major currencies.Please refer to our circular DBOD.No.Ret.BC.113/12.01.001/2011-12 dated June 29, 2012 on Maintenance of CRR on FCNR(B) Scheme advising banks to be guided by the reference rate announced on th
RBI/2018-19/34 DBR.Ret.BC.No.01/12.01.001/2018-19 August 02, 2018 The Chairperson / CEOs of all Scheduled and Non- Scheduled Banks Dear Sir/Madam, Maintenance of CRR/SLR on Foreign Currency Assets/Liabilities– Reference rate for INR/USD and exchange rate of other major currencies.Please refer to our circular DBOD.No.Ret.BC.113/12.01.001/2011-12 dated June 29, 2012 on Maintenance of CRR on FCNR(B) Scheme advising banks to be guided by the reference rate announced on th
ଅଗଷ୍ଟ 01, 2018
Change in Bank Rate
RBI/2018-19/32 DBR.No.Ret.BC.03/12.01.001/2018-19 August 1, 2018 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.107/12.01.001/2017-18 dated June 6, 2018 on the captioned subject. 2. As announced in the Third Bi-Monthly Monetary Policy Statement 2018-19 dated August 1, 2018, the Bank Rate stands adjusted by 25 basis points from 6.50 per cent to 6.75 per cent with immediate
RBI/2018-19/32 DBR.No.Ret.BC.03/12.01.001/2018-19 August 1, 2018 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.107/12.01.001/2017-18 dated June 6, 2018 on the captioned subject. 2. As announced in the Third Bi-Monthly Monetary Policy Statement 2018-19 dated August 1, 2018, the Bank Rate stands adjusted by 25 basis points from 6.50 per cent to 6.75 per cent with immediate
ଜୁଲାଇ 27, 2018
Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by banks - Valuation of State Development Loans
RBI/2018-19/28 DBR.BP.BC.No.002 /21.04.141/2018-19 July 27, 2018 All Banks and All India Financial Institutions, Dear Sir, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by banks – Valuation of State Development Loans Please refer to paragraph 2 of the Statement on Developmental and Regulatory Policies, issued as part of the second Bi-monthly Monetary Policy Statement for 2018-19 dated June 06, 2018, wherein it was announced that
RBI/2018-19/28 DBR.BP.BC.No.002 /21.04.141/2018-19 July 27, 2018 All Banks and All India Financial Institutions, Dear Sir, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by banks – Valuation of State Development Loans Please refer to paragraph 2 of the Statement on Developmental and Regulatory Policies, issued as part of the second Bi-monthly Monetary Policy Statement for 2018-19 dated June 06, 2018, wherein it was announced that
ଜୁଲାଇ 12, 2018
Incorporation of Name of the Purchaser on the Face of the Demand Draft
RBI/2018-19/14 DBR.AML.BC.No.210/14.01.001/2018-19 July 12, 2018 The Chairperson/CEOs of all Scheduled Commercial Banks includingRegional Rural Banks/Urban Co-operative Banks/State Co-operative Banks/District Central Co-operative Banks/Local Area Banks/Small FinanceBanks/Payment Banks Dear Sir/Madam, Incorporation of Name of the Purchaser on the Face of the Demand Draft In order to address the concerns arising out of the anonymity provided by payments through demand d
RBI/2018-19/14 DBR.AML.BC.No.210/14.01.001/2018-19 July 12, 2018 The Chairperson/CEOs of all Scheduled Commercial Banks includingRegional Rural Banks/Urban Co-operative Banks/State Co-operative Banks/District Central Co-operative Banks/Local Area Banks/Small FinanceBanks/Payment Banks Dear Sir/Madam, Incorporation of Name of the Purchaser on the Face of the Demand Draft In order to address the concerns arising out of the anonymity provided by payments through demand d
ଜୁନ 21, 2018
Control measures for ATMs - Timeline for compliance
RBI/2017-18/206 DBS(CO).CSITE/BC.5/31.01.015/2017-18 June 21, 2018 To The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) All Small Finance Banks and Payment Banks White-Label ATM Operators Madam/Dear Sir, Control measures for ATMs – Timeline for compliance Please refer to our confidential Circular DBS.CO/CSITE/BC.8074/31.01.015/2016-17 dated April 17, 2017 (issued to banks) highlighting concerns a
RBI/2017-18/206 DBS(CO).CSITE/BC.5/31.01.015/2017-18 June 21, 2018 To The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) All Small Finance Banks and Payment Banks White-Label ATM Operators Madam/Dear Sir, Control measures for ATMs – Timeline for compliance Please refer to our confidential Circular DBS.CO/CSITE/BC.8074/31.01.015/2016-17 dated April 17, 2017 (issued to banks) highlighting concerns a
ଜୁନ 15, 2018
Basel III Framework on Liquidity Standards - Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards
RBI/2017-18/201 DBR.BP.BC.No.114/21.04.098/2017-18 June 15, 2018 All Scheduled Commercial Banks (excluding RRBs) &Small Finance Banks (SFBs) Dear Sir, Basel III Framework on Liquidity Standards - Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards Please refer to our circular DBR.BP.BC.No.2/21.04.098/2016-17 dated July 21, 2016 and other associated circulars on the captioned subject. 2. Presently, the assets allowed as the
RBI/2017-18/201 DBR.BP.BC.No.114/21.04.098/2017-18 June 15, 2018 All Scheduled Commercial Banks (excluding RRBs) &Small Finance Banks (SFBs) Dear Sir, Basel III Framework on Liquidity Standards - Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards Please refer to our circular DBR.BP.BC.No.2/21.04.098/2016-17 dated July 21, 2016 and other associated circulars on the captioned subject. 2. Presently, the assets allowed as the
ଜୁନ 15, 2018
Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks - Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR)
RBI/2017-18/200 DBR.No.BP.BC.113/21.04.048/2017-18 June 15, 2018 All Scheduled Commercial Banks & Small Finance Banks (SFBs) Dear Sir/Madam, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) Please refer to Circular DBR.No.BP.BC.102/21.04.048/2017-18 dated April 2, 2018 on the captioned subject. 2. In view of the continuing rise in the yields
RBI/2017-18/200 DBR.No.BP.BC.113/21.04.048/2017-18 June 15, 2018 All Scheduled Commercial Banks & Small Finance Banks (SFBs) Dear Sir/Madam, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) Please refer to Circular DBR.No.BP.BC.102/21.04.048/2017-18 dated April 2, 2018 on the captioned subject. 2. In view of the continuing rise in the yields
ଜୁନ 14, 2018
Section 23 of the Banking Regulation Act, 1949 - Branch Authorisation Policy - Left Wing Extremism affected districts - Revised List
RBI/2017-18/195 DBR.No.BAPD.BC.111/22.01.001/2017-18 June 14, 2018 All Domestic Commercial Banks (excluding Regional Rural Banks, Payments Banks and Local Area Banks) Madam/Dear Sir, Section 23 of the Banking Regulation Act, 1949 – Branch Authorisation Policy – Left Wing Extremism affected districts – Revised List Please refer to our circular on ‘Rationalisation of Branch Authorisation Policy-Revision of Guidelines’ No.DBR.BAPD.BC.69/22.01.001/2016-17 dated May 18, 20
RBI/2017-18/195 DBR.No.BAPD.BC.111/22.01.001/2017-18 June 14, 2018 All Domestic Commercial Banks (excluding Regional Rural Banks, Payments Banks and Local Area Banks) Madam/Dear Sir, Section 23 of the Banking Regulation Act, 1949 – Branch Authorisation Policy – Left Wing Extremism affected districts – Revised List Please refer to our circular on ‘Rationalisation of Branch Authorisation Policy-Revision of Guidelines’ No.DBR.BAPD.BC.69/22.01.001/2016-17 dated May 18, 20
ଜୁନ 14, 2018
Alteration in the name of “The Bank of Tokyo-Mitsubishi UFJ, Ltd.” to “MUFG Bank, Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2017-18/197 DBR.No.Ret.BC.112/12.07.062/2017-18 June 14, 2018 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of “The Bank of Tokyo-Mitsubishi UFJ, Ltd.” to “MUFG Bank, Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "The Bank of Tokyo-Mitsubishi UFJ, Ltd." has been changed to "MUFG Bank, Ltd." in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBR.IBD.No.9498/23.03.007/
RBI/2017-18/197 DBR.No.Ret.BC.112/12.07.062/2017-18 June 14, 2018 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of “The Bank of Tokyo-Mitsubishi UFJ, Ltd.” to “MUFG Bank, Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "The Bank of Tokyo-Mitsubishi UFJ, Ltd." has been changed to "MUFG Bank, Ltd." in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBR.IBD.No.9498/23.03.007/
ଜୁନ 07, 2018
Gold Monetization Scheme, 2015
RBI/2017-18/192 DBR.IBD.BC.109/23.67.001/2017-18 June 7, 2018 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Gold Monetization Scheme, 2015 In exercise of the powers conferred on the Reserve Bank of India under Section 35A of the Banking Regulation Act, 1949, the RBI makes the following amendments in the Reserve Bank of India (Gold Monetization Scheme, 2015) Master Direction No.DBR.IBD.No.45/23.67.003/2015-16 dated October 22, 2015, with immediate effe
RBI/2017-18/192 DBR.IBD.BC.109/23.67.001/2017-18 June 7, 2018 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Gold Monetization Scheme, 2015 In exercise of the powers conferred on the Reserve Bank of India under Section 35A of the Banking Regulation Act, 1949, the RBI makes the following amendments in the Reserve Bank of India (Gold Monetization Scheme, 2015) Master Direction No.DBR.IBD.No.45/23.67.003/2015-16 dated October 22, 2015, with immediate effe
ଜୁନ 07, 2018
Banking Regulation Act, 1949 - Section 26A Depositor Education and Awareness Fund Scheme, 2014 - Operational Guidelines - Payment of Interest
RBI/2017-2018/191 DBR.DEA Fund Cell.BCNo.110/30.01.002/2017-18 June 07, 2018 The Managing Director & CEO/ Chief Executive Officers All Scheduled Commercial Banks (including RRBs) Local Area Banks (LABs) Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Small Finance Banks/Payment Banks Dear Sir/Madam, Banking Regulation Act, 1949 – Section 26ADepositor Education and Awareness Fund Scheme, 2014 –Operational Guidelines - Payme
RBI/2017-2018/191 DBR.DEA Fund Cell.BCNo.110/30.01.002/2017-18 June 07, 2018 The Managing Director & CEO/ Chief Executive Officers All Scheduled Commercial Banks (including RRBs) Local Area Banks (LABs) Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Small Finance Banks/Payment Banks Dear Sir/Madam, Banking Regulation Act, 1949 – Section 26ADepositor Education and Awareness Fund Scheme, 2014 –Operational Guidelines - Payme
ଜୁନ 06, 2018
Review of margin requirements under the Liquidity Adjustment Facility and Marginal Standing Facility
RBI/2017-2018/188 FMOD.MAOG No.125/01.01.001/2017-18 June 6, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Madam/Sir, Review of margin requirements under the Liquidity Adjustment Facility and Marginal Standing Facility Please refer to the circulars FMD.MOAG No.77/01.01.001/2012-13 dated March 19, 2013 and FMOD.MAOG No.117/01.01.001/2016-17 dated November 25, 2016. 2. Currently, t
RBI/2017-2018/188 FMOD.MAOG No.125/01.01.001/2017-18 June 6, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Madam/Sir, Review of margin requirements under the Liquidity Adjustment Facility and Marginal Standing Facility Please refer to the circulars FMD.MOAG No.77/01.01.001/2012-13 dated March 19, 2013 and FMOD.MAOG No.117/01.01.001/2016-17 dated November 25, 2016. 2. Currently, t
ଜୁନ 06, 2018
Standing Liquidity Facility for Primary Dealers
RBI/2017-18/187 REF. No. MPD.BC. 383/07.01.279/2017-18 Jyeshtha 16, 1940 (Saka) June 6, 2018 All Primary Dealers, Standing Liquidity Facility for Primary Dealers In the Second Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC), the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points to 6.25 per cent from 6.00 per cent with immediate effect. 2. Accordingly, the Standing Liquidity Fac
RBI/2017-18/187 REF. No. MPD.BC. 383/07.01.279/2017-18 Jyeshtha 16, 1940 (Saka) June 6, 2018 All Primary Dealers, Standing Liquidity Facility for Primary Dealers In the Second Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC), the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points to 6.25 per cent from 6.00 per cent with immediate effect. 2. Accordingly, the Standing Liquidity Fac
ଜୁନ 06, 2018
Encouraging formalisation of MSME sector
RBI/2017-18/186 DBR.No.BP.BC.108/21.04.048/2017-18 June 6, 2018 All banks and NBFCs regulated by the Reserve Bank of India Madam / Dear Sir, Encouraging formalisation of MSME sector Please refer to the circular DBR.No.BP.BC.100/21.04.048/2017-18 dated February 07, 2018. 2. Having regard to the input credit linkages and ancillary affiliations, it has now been decided to temporarily allow banks and NBFCs to classify their exposure, as per the 180 days past due criterion
RBI/2017-18/186 DBR.No.BP.BC.108/21.04.048/2017-18 June 6, 2018 All banks and NBFCs regulated by the Reserve Bank of India Madam / Dear Sir, Encouraging formalisation of MSME sector Please refer to the circular DBR.No.BP.BC.100/21.04.048/2017-18 dated February 07, 2018. 2. Having regard to the input credit linkages and ancillary affiliations, it has now been decided to temporarily allow banks and NBFCs to classify their exposure, as per the 180 days past due criterion
ଜୁନ 06, 2018
Change in Bank Rate
RBI/2017-18/185 DBR.No.Ret.BC.107/12.01.001/2017-18 June 06, 2018 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.82/12.01.001/2017-18 dated August 02, 2017 on the captioned subject. 2. As announced in the Second Bi-Monthly Monetary Policy Statement 2018-19 dated June 06, 2018, the Bank Rate stands adjusted by 25 basis points from 6.25 per cent to 6.50 per cent with effect
RBI/2017-18/185 DBR.No.Ret.BC.107/12.01.001/2017-18 June 06, 2018 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.82/12.01.001/2017-18 dated August 02, 2017 on the captioned subject. 2. As announced in the Second Bi-Monthly Monetary Policy Statement 2018-19 dated June 06, 2018, the Bank Rate stands adjusted by 25 basis points from 6.25 per cent to 6.50 per cent with effect
ମଇ 17, 2018
Basel III Framework on Liquidity Standards - Net Stable Funding Ratio (NSFR) - Final Guidelines
RBI/2017-18/178 DBR.BP.BC.No.106/21.04.098/2017-18 May 17, 2018 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) – Final Guidelines The Net Stable Funding Ratio (NSFR) and Liquidity Coverage Ratio (LCR) are significant components of the Basel III reforms. The LCR guidelines which promote short term resilience of a bank’s liquidity profile have been issued vide circular DBOD.BP.
RBI/2017-18/178 DBR.BP.BC.No.106/21.04.098/2017-18 May 17, 2018 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) – Final Guidelines The Net Stable Funding Ratio (NSFR) and Liquidity Coverage Ratio (LCR) are significant components of the Basel III reforms. The LCR guidelines which promote short term resilience of a bank’s liquidity profile have been issued vide circular DBOD.BP.
ମଇ 17, 2018
Setting up of IFSC Banking Units (IBUs) - Permissible activities
RBI/2017-18/177 DBR.IBD.BC. 105/23.13.004/2017-18 May 17, 2018 All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam Setting up of IFSC Banking Units (IBUs) – Permissible activities Please refer to RBI circular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015, as modified from time to time, setting out RBI directions relating to IFSC Banking Units (IBUs). 2. In terms of para 2.3 of the circular, the parent bank will be required to provi
RBI/2017-18/177 DBR.IBD.BC. 105/23.13.004/2017-18 May 17, 2018 All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam Setting up of IFSC Banking Units (IBUs) – Permissible activities Please refer to RBI circular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015, as modified from time to time, setting out RBI directions relating to IFSC Banking Units (IBUs). 2. In terms of para 2.3 of the circular, the parent bank will be required to provi
ଅପ୍ରେଲ 06, 2018
Prohibition on dealing in Virtual Currencies (VCs)
RBI/2017-18/154 DBR.No.BP.BC.104 /08.13.102/2017-18 April 6, 2018 All Commercial and Co-operative Banks /Payments Banks/Small Finance Banks / NBFCs / Payment System Providers Madam / Dear Sir, Prohibition on dealing in Virtual Currencies (VCs) Reserve Bank has repeatedly through its public notices on December 24, 2013, February 01, 2017 and December 05, 2017, cautioned users, holders and traders of virtual currencies, including Bitcoins, regarding various risks associ
RBI/2017-18/154 DBR.No.BP.BC.104 /08.13.102/2017-18 April 6, 2018 All Commercial and Co-operative Banks /Payments Banks/Small Finance Banks / NBFCs / Payment System Providers Madam / Dear Sir, Prohibition on dealing in Virtual Currencies (VCs) Reserve Bank has repeatedly through its public notices on December 24, 2013, February 01, 2017 and December 05, 2017, cautioned users, holders and traders of virtual currencies, including Bitcoins, regarding various risks associ
ଅପ୍ରେଲ 06, 2018
Comprehensive Guidelines on Derivatives: Modifications
RBI/2017-18/151 DBR.No.BP.BC.103/21.04.157/2017-18 April 6, 2018 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs),All India Term-Lending & Refinancing Institutions &Primary Dealers Dear Sir, Comprehensive Guidelines on Derivatives: Modifications Please refer to para 8.3 of the circular DBOD No.BP.BC.44/21.04.157/2011-12 dated November 2, 2011, in terms of which ‘user suitability and appro
RBI/2017-18/151 DBR.No.BP.BC.103/21.04.157/2017-18 April 6, 2018 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs),All India Term-Lending & Refinancing Institutions &Primary Dealers Dear Sir, Comprehensive Guidelines on Derivatives: Modifications Please refer to para 8.3 of the circular DBOD No.BP.BC.44/21.04.157/2011-12 dated November 2, 2011, in terms of which ‘user suitability and appro
ଅପ୍ରେଲ 02, 2018
Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks - Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR)
RBI/2017-18/147 DBR.No.BP.BC.102/21.04.048/2017-18 April 2, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks),Small Finance Banks Dear Sir/Madam, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) Please refer to Master Circular DBR.No.BP.BC.6/21.04.141/2015-16 dated July 1, 2015 on the captioned subject. Banks are required to ma
RBI/2017-18/147 DBR.No.BP.BC.102/21.04.048/2017-18 April 2, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks),Small Finance Banks Dear Sir/Madam, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) Please refer to Master Circular DBR.No.BP.BC.6/21.04.141/2015-16 dated July 1, 2015 on the captioned subject. Banks are required to ma
ମାର୍ଚ୍ଚ 23, 2018
Implementation of UNSCR 2397 (2017), pertaining to Democratic People's Republic of Korea (DPRK)
RBI/2017-18/143 DBR.AML.No.8528/14.06.056/2017-18 March 23, 2018 All Regulated Entities Dear Sir/Madam, Implementation of UNSCR 2397 (2017), pertaining to Democratic People's Republic of Korea (DPRK) Please find enclosed a copy of the ‘Order’ issued by Ministry of External Affairs dated March 5, 2018, published in the Gazette of India on implementation of United Nations Security Council Resolutions 2397 (2017) on Democratic People’s Republic of Korea. 2. Regulated Ent
RBI/2017-18/143 DBR.AML.No.8528/14.06.056/2017-18 March 23, 2018 All Regulated Entities Dear Sir/Madam, Implementation of UNSCR 2397 (2017), pertaining to Democratic People's Republic of Korea (DPRK) Please find enclosed a copy of the ‘Order’ issued by Ministry of External Affairs dated March 5, 2018, published in the Gazette of India on implementation of United Nations Security Council Resolutions 2397 (2017) on Democratic People’s Republic of Korea. 2. Regulated Ent
ଫେବୃଆରୀ 12, 2018
Resolution of Stressed Assets - Revised Framework
RBI/2017-18/131 DBR.No.BP.BC.101/21.04.048/2017-18 February 12, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks (RRB)), All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir/Madam, Resolution of Stressed Assets – Revised Framework 1. The Reserve Bank of India has issued various instructions aimed at resolution of stressed assets in the economy, including introduction of certain specific schemes at different points of time. In
RBI/2017-18/131 DBR.No.BP.BC.101/21.04.048/2017-18 February 12, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks (RRB)), All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir/Madam, Resolution of Stressed Assets – Revised Framework 1. The Reserve Bank of India has issued various instructions aimed at resolution of stressed assets in the economy, including introduction of certain specific schemes at different points of time. In
ଫେବୃଆରୀ 07, 2018
Relief for MSME Borrowers registered under Goods and Services Tax (GST)
RBI/2017-18/129 DBR.No.BP.BC.100/21.04.048/2017-18 February 07, 2018 All banks and NBFCs regulated by the Reserve Bank of India Madam / Dear Sir, Relief for MSME Borrowers registered under Goods and Services Tax (GST) Presently, banks and NBFCs in India generally classify a loan account as Non-Performing Asset (NPA) based on 90 day and 120 day delinquency norms, respectively. It has been represented to us that formalisation of business through registration under GST h
RBI/2017-18/129 DBR.No.BP.BC.100/21.04.048/2017-18 February 07, 2018 All banks and NBFCs regulated by the Reserve Bank of India Madam / Dear Sir, Relief for MSME Borrowers registered under Goods and Services Tax (GST) Presently, banks and NBFCs in India generally classify a loan account as Non-Performing Asset (NPA) based on 90 day and 120 day delinquency norms, respectively. It has been represented to us that formalisation of business through registration under GST h
ଜାନୁଆରୀ 04, 2018
XBRL Returns - Harmonization of Banking Statistics
RBI/2017-18/117 DBR.No.BP.BC.99/08.13.100/2017-18 January 04, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks), Madam/Dear Sir, XBRL Returns – Harmonization of Banking Statistics The Reserve Bank of India had constituted an inter-departmental Task-force in December 2014, to provide “harmonised” definitions of major balance sheet/ profit and loss/ off-balance sheet items covered in the banking/ regulatory returns received across RBI departments. A s
RBI/2017-18/117 DBR.No.BP.BC.99/08.13.100/2017-18 January 04, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks), Madam/Dear Sir, XBRL Returns – Harmonization of Banking Statistics The Reserve Bank of India had constituted an inter-departmental Task-force in December 2014, to provide “harmonised” definitions of major balance sheet/ profit and loss/ off-balance sheet items covered in the banking/ regulatory returns received across RBI departments. A s
ଡିସେମ୍ବର 19, 2017
Submission of Financial Information to Information Utilities
RBI/2017-18/110 DBR.No.Leg.BC.98/09.08.019/2017-18 December 19, 2017 All Scheduled Commercial Banks (Including RRBs), Small Finance Banks, Local Area Banks, All Co-operative Banks, All NBFCs and All India Financial Institutions Dear Sir/Madam Submission of Financial Information to Information Utilities According to Section 215 of Insolvency and Bankruptcy Code (IBC), 2016, a financial creditor shall submit financial information and information relating to assets in re
RBI/2017-18/110 DBR.No.Leg.BC.98/09.08.019/2017-18 December 19, 2017 All Scheduled Commercial Banks (Including RRBs), Small Finance Banks, Local Area Banks, All Co-operative Banks, All NBFCs and All India Financial Institutions Dear Sir/Madam Submission of Financial Information to Information Utilities According to Section 215 of Insolvency and Bankruptcy Code (IBC), 2016, a financial creditor shall submit financial information and information relating to assets in re
ନଭେମ୍ବର 16, 2017
Inclusion of “Utkarsh Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2017-18/91 DBR.No.Ret.BC.97/12.07.150/2017-18 November 16, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “Utkarsh Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Utkarsh Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.(SFB-UMFL).No.2689/16.13.216/2017-2018 dated October 4, 2017 and published in the Gazette
RBI/2017-18/91 DBR.No.Ret.BC.97/12.07.150/2017-18 November 16, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “Utkarsh Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Utkarsh Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.(SFB-UMFL).No.2689/16.13.216/2017-2018 dated October 4, 2017 and published in the Gazette
ନଭେମ୍ବର 16, 2017
Implementation of UNSCR 2356 (2017), UNSCR 2371(2017) and UNSCR 2375 (2017) pertaining to Democratic People's Republic of Korea (DPRK)
RBI/2017-18/94 DBR.AML.No.4802/14.06.056/2017-18 November 16, 2017 All Regulated Entities Dear Sir/Madam, Implementation of UNSCR 2356 (2017), UNSCR 2371(2017) and UNSCR 2375 (2017) pertaining to Democratic People's Republic of Korea (DPRK) Please find enclosed a copy of the ‘Order’ issued by Ministry of External Affairs dated October 31, 2017, published in the Gazette of India on implementation of United Nations Security Council Resolutions 2356 (2017), 2371(2017) an
RBI/2017-18/94 DBR.AML.No.4802/14.06.056/2017-18 November 16, 2017 All Regulated Entities Dear Sir/Madam, Implementation of UNSCR 2356 (2017), UNSCR 2371(2017) and UNSCR 2375 (2017) pertaining to Democratic People's Republic of Korea (DPRK) Please find enclosed a copy of the ‘Order’ issued by Ministry of External Affairs dated October 31, 2017, published in the Gazette of India on implementation of United Nations Security Council Resolutions 2356 (2017), 2371(2017) an
ନଭେମ୍ବର 09, 2017
Statement on Developmental and Regulatory Policies - October 4, 2017- Banking Facility for Senior Citizens and Differently abled Persons
RBI/2017-18/89 DBR.No.Leg.BC.96/09.07.005/2017-18 November 9, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam Statement on Developmental and Regulatory Policies - October 4, 2017-Banking Facility for Senior Citizens and Differently abled Persons Please refer to Paragraph 8 of Statement on Developmental and Regulatory Policies, released by Reserve Bank of India on October 4, 2017 as part of Fourth Bi-month
RBI/2017-18/89 DBR.No.Leg.BC.96/09.07.005/2017-18 November 9, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam Statement on Developmental and Regulatory Policies - October 4, 2017-Banking Facility for Senior Citizens and Differently abled Persons Please refer to Paragraph 8 of Statement on Developmental and Regulatory Policies, released by Reserve Bank of India on October 4, 2017 as part of Fourth Bi-month
ନଭେମ୍ବର 09, 2017
Cessation of “Commonwealth Bank of Australia” as a banking company within the meaning of sub-section (2) of Section 36 (A) of Banking Regulation Act, 1949
RBI/2017-18/84 DBR.No.Ret.BC.94/12.07.150/2017-18 November 09, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Cessation of “Commonwealth Bank of Australia” as a banking company within the meaning of sub –section (2) of Section 36 (A) of Banking Regulation Act, 1949 We advise that the “Commonwealth Bank of Australia” has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949 vide Notification DBR.IBD.No.2224/23.13.127/ 2017-18 dated
RBI/2017-18/84 DBR.No.Ret.BC.94/12.07.150/2017-18 November 09, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Cessation of “Commonwealth Bank of Australia” as a banking company within the meaning of sub –section (2) of Section 36 (A) of Banking Regulation Act, 1949 We advise that the “Commonwealth Bank of Australia” has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949 vide Notification DBR.IBD.No.2224/23.13.127/ 2017-18 dated
ନଭେମ୍ବର 09, 2017
Exclusion of “Commonwealth Bank of Australia” from the Second Schedule of the Reserve Bank of India Act, 1934
RBI/2017-18/85 DBR.No.Ret.BC.95/12.07.150/2017-18 November 09, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Exclusion of “Commonwealth Bank of Australia” from the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Commonwealth Bank of Australia” has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.2223/23.13.127/ 2017-18 dated September 05, 2017, and published in the Gazette of In
RBI/2017-18/85 DBR.No.Ret.BC.95/12.07.150/2017-18 November 09, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Exclusion of “Commonwealth Bank of Australia” from the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Commonwealth Bank of Australia” has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.2223/23.13.127/ 2017-18 dated September 05, 2017, and published in the Gazette of In
ନଭେମ୍ବର 09, 2017
Inclusion of “Au Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934
RBI/2017-18/86 DBR.No.Ret.BC.93/12.07.150/2017-18 November 09, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Au Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Au Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.(SFB-AFL).No.2689/16.13.216/2017-18 dated September 18, 2017 and published in the Gazette of
RBI/2017-18/86 DBR.No.Ret.BC.93/12.07.150/2017-18 November 09, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Au Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Au Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.(SFB-AFL).No.2689/16.13.216/2017-18 dated September 18, 2017 and published in the Gazette of
ନଭେମ୍ବର 02, 2017
Introduction of Legal Entity Identifier for large corporate borrowers
RBI/2017-18/82 DBR.No.BP.BC.92/21.04.048/2017-18 November 02, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks), All India Financial Institutions (Exim Bank, SIDBI, NHB, NABARD), Local Area Banks, Small Finance Banks Madam/Dear Sir, Introduction of Legal Entity Identifier for large corporate borrowers The Legal Entity Identifier (LEI) code is conceived as a key measure to improve the quality and accuracy of financial data systems for better risk man
RBI/2017-18/82 DBR.No.BP.BC.92/21.04.048/2017-18 November 02, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks), All India Financial Institutions (Exim Bank, SIDBI, NHB, NABARD), Local Area Banks, Small Finance Banks Madam/Dear Sir, Introduction of Legal Entity Identifier for large corporate borrowers The Legal Entity Identifier (LEI) code is conceived as a key measure to improve the quality and accuracy of financial data systems for better risk man
ଅକ୍ଟୋବର 04, 2017
Section 24 and Section 56 of the Banking Regulation Act, 1949 - Maintenance of SLR and holdings of SLR in HTM category
RBI/2017-18/70 DBR.No.Ret.BC.90/12.02.001/2017-18 October 4, 2017 All Commercial Banks, Primary (Urban) Co-operative Banks (UCBs) State and Central Co-operative Banks (StCBs/CCBs) Madam/Dear Sir, Section 24 and Section 56 of the Banking Regulation Act, 1949 – Maintenance of SLR and holdings of SLR in HTM category Please refer to our circulars DBR.No.BP.BC.65/21.04.141/2015-16 dated December 10, 2015 and DBR.No.Ret.BC.71/12.01.001/2016-17 dated June 7, 2017 on the capt
RBI/2017-18/70 DBR.No.Ret.BC.90/12.02.001/2017-18 October 4, 2017 All Commercial Banks, Primary (Urban) Co-operative Banks (UCBs) State and Central Co-operative Banks (StCBs/CCBs) Madam/Dear Sir, Section 24 and Section 56 of the Banking Regulation Act, 1949 – Maintenance of SLR and holdings of SLR in HTM category Please refer to our circulars DBR.No.BP.BC.65/21.04.141/2015-16 dated December 10, 2015 and DBR.No.Ret.BC.71/12.01.001/2016-17 dated June 7, 2017 on the capt
ସେପ୍ଟେମ୍ବର 25, 2017
Amendments to Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016
RBI/2017-18/66 DBR.No.FSD.BC.89/24.01.040/2017-18 September 25, 2017 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Amendments to Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016 Considering the suggestions and queries received from SEBI, banks and other stakeholders, Reserve Bank of India has decided to make certain amendments to Master Direction - Reserve Bank of India (Financial Services provided by B
RBI/2017-18/66 DBR.No.FSD.BC.89/24.01.040/2017-18 September 25, 2017 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Amendments to Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016 Considering the suggestions and queries received from SEBI, banks and other stakeholders, Reserve Bank of India has decided to make certain amendments to Master Direction - Reserve Bank of India (Financial Services provided by B
ସେପ୍ଟେମ୍ବର 21, 2017
Inclusion of “Suryoday Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2017-18/62 DBR.No.Ret.BC.87/12.07.150/2017-18 September 21, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “Suryoday Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Suryoday Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification No.DBR.NBD.(SFB-Suryoday).No. 766/16.13.216/2017-18 dated July 24, 2017 and published in the G
RBI/2017-18/62 DBR.No.Ret.BC.87/12.07.150/2017-18 September 21, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “Suryoday Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Suryoday Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification No.DBR.NBD.(SFB-Suryoday).No. 766/16.13.216/2017-18 dated July 24, 2017 and published in the G
ସେପ୍ଟେମ୍ବର 14, 2017
Inclusion of “Emirates NBD Bank (P.J.S.C)” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2017-18/56 DBR.No.Ret.BC.86/12.07.150/2017-18 September 14, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Emirates NBD Bank (P.J.S.C)” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Emirates NBD Bank (P.J.S.C)” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.855/23.13.014/2017-18 dated July 26, 2017, and published in the Gazette of India (Part III -
RBI/2017-18/56 DBR.No.Ret.BC.86/12.07.150/2017-18 September 14, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Emirates NBD Bank (P.J.S.C)” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Emirates NBD Bank (P.J.S.C)” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.855/23.13.014/2017-18 dated July 26, 2017, and published in the Gazette of India (Part III -
ସେପ୍ଟେମ୍ବର 07, 2017
Inclusion of “Qatar National Bank SAQ” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2017-18/52 DBR.No.Ret.BC.83/12.07.150/2017-18 September 07, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Qatar National Bank SAQ” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Qatar National Bank SAQ” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.18/23.03.032/2017-18 dated July 05, 2017, and published in the Gazette of India (Part III - Section 4
RBI/2017-18/52 DBR.No.Ret.BC.83/12.07.150/2017-18 September 07, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Qatar National Bank SAQ” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Qatar National Bank SAQ” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.18/23.03.032/2017-18 dated July 05, 2017, and published in the Gazette of India (Part III - Section 4
ସେପ୍ଟେମ୍ବର 07, 2017
Alteration in the name of "National Bank of Abu Dhabi PJSC" to "First Abu Dhabi Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2017-18/53 DBR.No.Ret.BC.84/12.07.150/2017-18 September 7, 2017 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of "National Bank of Abu Dhabi PJSC" to "First Abu Dhabi Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "National Bank of Abu Dhabi PJSC" has been changed to "First Abu Dhabi Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBR.IBD.No.94/23.1
RBI/2017-18/53 DBR.No.Ret.BC.84/12.07.150/2017-18 September 7, 2017 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of "National Bank of Abu Dhabi PJSC" to "First Abu Dhabi Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "National Bank of Abu Dhabi PJSC" has been changed to "First Abu Dhabi Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBR.IBD.No.94/23.1
ସେପ୍ଟେମ୍ବର 07, 2017
Inclusion of “Ujjivan Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2017-18/54 DBR.No.Ret.BC.85/12.07.150/2017-18 September 07, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Ujjivan Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Ujjivan Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.PSBD.No.467/16.02.006/2017-18 dated July 3, 2017 and published in the Gazette of India
RBI/2017-18/54 DBR.No.Ret.BC.85/12.07.150/2017-18 September 07, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Ujjivan Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Ujjivan Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.PSBD.No.467/16.02.006/2017-18 dated July 3, 2017 and published in the Gazette of India
ଅଗଷ୍ଟ 03, 2017
Exclusion of the name of State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore and Bharatiya Mahila Bank from the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2017-18/37 DBR.No.Ret.BC.80/12.06.004/2017-18 August 03, 2017 All Scheduled Commercial Banks Dear Sir, Exclusion of the name of State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore and Bharatiya Mahila Bank from the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the names of State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank o
RBI/2017-18/37 DBR.No.Ret.BC.80/12.06.004/2017-18 August 03, 2017 All Scheduled Commercial Banks Dear Sir, Exclusion of the name of State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore and Bharatiya Mahila Bank from the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the names of State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank o
ଅଗଷ୍ଟ 02, 2017
Basel III Framework on Liquidity Standards - Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standard
RBI/2017-18/36 DBR.BP.BC.No. 81/21.04.098/2017-18 August 02, 2017 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standard Please refer to our circular DBOD.BP.BC.No.120/21.04.098/2013-14 dated June 9, 2014 “Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Dis
RBI/2017-18/36 DBR.BP.BC.No. 81/21.04.098/2017-18 August 02, 2017 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standard Please refer to our circular DBOD.BP.BC.No.120/21.04.098/2013-14 dated June 9, 2014 “Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Dis
ଅଗଷ୍ଟ 02, 2017
Issue of comprehensive Credit Information Reports
RBI/2017-18/35 DBR.CID.BC.No.79/20.16.042/2017-18 August 2, 2017 All Credit Information Companies Dear Sir/Madam Issue of comprehensive Credit Information Reports Please refer to para (v) of Annex IV to our circular DBOD.No.CID.BC.127/20.16.056/2013-14 dated June 27, 2014 advising Credit Information Companies (CICs) to include information on all accounts, both current and past, of a customer having multiple borrowings, in her/his Credit Information Report (CIR). 2. It
RBI/2017-18/35 DBR.CID.BC.No.79/20.16.042/2017-18 August 2, 2017 All Credit Information Companies Dear Sir/Madam Issue of comprehensive Credit Information Reports Please refer to para (v) of Annex IV to our circular DBOD.No.CID.BC.127/20.16.056/2013-14 dated June 27, 2014 advising Credit Information Companies (CICs) to include information on all accounts, both current and past, of a customer having multiple borrowings, in her/his Credit Information Report (CIR). 2. It
ଅଗଷ୍ଟ 02, 2017
Change in Bank Rate
RBI/2017-18/34 DBR.No.Ret.BC.82/12.01.001/2017-18 August 02, 2017 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank RatePlease refer to our circular DBR.No.Ret.BC.58/12.01.001/2016-17 dated April 06, 2017 on the captioned subject.2. As announced in the Third Bi-Monthly Monetary Policy Statement 2017-18 dated August 02, 2017, the Bank Rate stands adjusted by 25 basis points from 6.50 per cent to 6.25 per cent with effect f
RBI/2017-18/34 DBR.No.Ret.BC.82/12.01.001/2017-18 August 02, 2017 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank RatePlease refer to our circular DBR.No.Ret.BC.58/12.01.001/2016-17 dated April 06, 2017 on the captioned subject.2. As announced in the Third Bi-Monthly Monetary Policy Statement 2017-18 dated August 02, 2017, the Bank Rate stands adjusted by 25 basis points from 6.50 per cent to 6.25 per cent with effect f
ଜୁଲାଇ 27, 2017
Appointment of Statutory Central Auditors (SCAs) - modification of rest period
RBI/2017-18/29 DBS.ARS.BC.04/08.91.001/2017-18 July 27, 2017 The Chief Executive Officers All Indian Private Sector Banks/ All Foreign Banks operating in India Dear Sir/Madam, Appointment of Statutory Central Auditors (SCAs) – modification of rest periodPlease refer to DBS.No.ARS.BC.8/08.91.001/2000-2001 dated January 30, 2001 addressed to private sector banks in terms of which, inter alia, an audit firm, subject to its fulfilling the prescribed eligibility norms will
RBI/2017-18/29 DBS.ARS.BC.04/08.91.001/2017-18 July 27, 2017 The Chief Executive Officers All Indian Private Sector Banks/ All Foreign Banks operating in India Dear Sir/Madam, Appointment of Statutory Central Auditors (SCAs) – modification of rest periodPlease refer to DBS.No.ARS.BC.8/08.91.001/2000-2001 dated January 30, 2001 addressed to private sector banks in terms of which, inter alia, an audit firm, subject to its fulfilling the prescribed eligibility norms will
ଜୁଲାଇ 13, 2017
Audit Committee of the Board of Directors - Nomination of Non-Executive Chairman
RBI/2017-18/20 DBS.ARS.BC.01/08.91.020/2017-18 July 13, 2017 The Chief ExecutivesAll Indian Commercial Banks Dear Sir/Madam, Audit Committee of the Board of Directors – Nomination of Non-Executive Chairman Please refer to Para 3 (ii) of our circular dated September 26, 1995 on “Audit Committee of the Board of Directors - Reconstitution” and Para (ii) of our circular DOS.No.BC.3/08.91.020/96 dated January 20, 1997 on “Public Sector Banks – Audit Committee of the Board
RBI/2017-18/20 DBS.ARS.BC.01/08.91.020/2017-18 July 13, 2017 The Chief ExecutivesAll Indian Commercial Banks Dear Sir/Madam, Audit Committee of the Board of Directors – Nomination of Non-Executive Chairman Please refer to Para 3 (ii) of our circular dated September 26, 1995 on “Audit Committee of the Board of Directors - Reconstitution” and Para (ii) of our circular DOS.No.BC.3/08.91.020/96 dated January 20, 1997 on “Public Sector Banks – Audit Committee of the Board
ଜୁଲାଇ 06, 2017
Customer Protection - Limiting Liability of Customers in Unauthorised Electronic Banking Transactions
RBI/2017-18/15 DBR.No.Leg.BC.78/09.07.005/2017-18 July 6, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam, Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions Please refer to our circular DBOD.Leg.BC.86/09.07.007/2001-02 dated April 8, 2002 regarding reversal of erroneous debits arising from fraudulent or other transactions. 2. With the increased thrust on
RBI/2017-18/15 DBR.No.Leg.BC.78/09.07.005/2017-18 July 6, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam, Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions Please refer to our circular DBOD.Leg.BC.86/09.07.007/2001-02 dated April 8, 2002 regarding reversal of erroneous debits arising from fraudulent or other transactions. 2. With the increased thrust on
ଜୁନ 29, 2017
Limits on balances in customer accounts with payments banks - sweep out arrangements with other banks
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 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
Recording of Details of Transactions in Passbook/ Statement of Account
RBI/2016-17/326 DBR.No.Leg.BC.76/09.07.005/2016-17 June 22, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam, Recording of Details of Transactions in Passbook/ Statement of Account Please refer to instructions contained in Paragraphs 6 and 7 of our circular DBOD.No.Leg.BC.74/09.07.005/2003-04 dated April 10, 2004 on "Committee on Procedures and Performance Audit on Public Services - Report No. 3 - Banking
RBI/2016-17/326 DBR.No.Leg.BC.76/09.07.005/2016-17 June 22, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam, Recording of Details of Transactions in Passbook/ Statement of Account Please refer to instructions contained in Paragraphs 6 and 7 of our circular DBOD.No.Leg.BC.74/09.07.005/2003-04 dated April 10, 2004 on "Committee on Procedures and Performance Audit on Public Services - Report No. 3 - Banking
ଜୁନ 13, 2017
Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) - Eligible Credit Rating Agencies - INFOMERICS Valuation and Rating Pvt Ltd. (INFOMERICS)
RBI/2016-17/321 DBR.No.BP.BC.74/21.06.009/2016-17 June 13, 2017 The Chairman / CMD / MD / CEOAll Scheduled Commercial Banks(Excluding Local Area Banks and Regional Rural Banks) Madam/Dear Sir, Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) - Eligible Credit Rating Agencies – INFOMERICS Valuation and Rating Pvt Ltd. (INFOMERICS) Please refer to the Master Circular DBR.No.BP.BC.4./21.06.001/2015-16 dated July 1, 20
RBI/2016-17/321 DBR.No.BP.BC.74/21.06.009/2016-17 June 13, 2017 The Chairman / CMD / MD / CEOAll Scheduled Commercial Banks(Excluding Local Area Banks and Regional Rural Banks) Madam/Dear Sir, Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) - Eligible Credit Rating Agencies – INFOMERICS Valuation and Rating Pvt Ltd. (INFOMERICS) Please refer to the Master Circular DBR.No.BP.BC.4./21.06.001/2015-16 dated July 1, 20
ଜୁନ 07, 2017
Individual Housing Loans: Rationalisation of Risk-Weights and Loan to Value (LTV) Ratios
RBI/2016-17/317 DBR.BP.BC.No.72/08.12.015/2016-17 June 7, 2017 All Commercial Banks (Excluding Regional Rural Banks and Local Area Banks) Madam/Dear Sir, Individual Housing Loans: Rationalisation of Risk-Weights and Loan to Value (LTV) Ratios Please refer to the Second Bi-monthly Monetary Policy Statement for 2017-18, announced today. 2. As a countercyclical measure, the LTV ratios, risk weights and standard asset provisioning rate for individual housing loans sanctio
RBI/2016-17/317 DBR.BP.BC.No.72/08.12.015/2016-17 June 7, 2017 All Commercial Banks (Excluding Regional Rural Banks and Local Area Banks) Madam/Dear Sir, Individual Housing Loans: Rationalisation of Risk-Weights and Loan to Value (LTV) Ratios Please refer to the Second Bi-monthly Monetary Policy Statement for 2017-18, announced today. 2. As a countercyclical measure, the LTV ratios, risk weights and standard asset provisioning rate for individual housing loans sanctio
ଜୁନ 07, 2017
Section 24 and Section 56 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)
RBI/2016-17/318 DBR.No.Ret.BC.71/12.02.001/2016-17 June 7, 2017 All Commercial Banks, Primary (Urban) Co-operative Banks (UCBs), State and Central Co-operative Banks (StCBs/CCBs) Madam/Dear Sir, Section 24 and Section 56 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular DBR.No.Ret.BC.64/12.01.001/2015-16 dated December 10, 2015, on maintenance of Statutory Liquidity Ratio under Section 24 and Section 56 o
RBI/2016-17/318 DBR.No.Ret.BC.71/12.02.001/2016-17 June 7, 2017 All Commercial Banks, Primary (Urban) Co-operative Banks (UCBs), State and Central Co-operative Banks (StCBs/CCBs) Madam/Dear Sir, Section 24 and Section 56 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular DBR.No.Ret.BC.64/12.01.001/2015-16 dated December 10, 2015, on maintenance of Statutory Liquidity Ratio under Section 24 and Section 56 o
ମଇ 18, 2017
Rationalisation of Branch Authorisation Policy- Revision of Guidelines
RBI/2016-17/306 DBR.No.BAPD.BC.69/22.01.001/2016-17 May 18, 2017 The Chairman and Managing Director/Chief Executive Officer All Domestic Scheduled Commercial Banks(Excluding Regional Rural Banks), Small Finance Banks,Payment Banks and Local Area Banks Madam/Dear Sir, Rationalisation of Branch Authorisation Policy- Revision of Guidelines Please refer to the paragraph 11 on ‘Banking Outlets – Final Guidelines’ (extract enclosed) of the Statement on Developmental and Reg
RBI/2016-17/306 DBR.No.BAPD.BC.69/22.01.001/2016-17 May 18, 2017 The Chairman and Managing Director/Chief Executive Officer All Domestic Scheduled Commercial Banks(Excluding Regional Rural Banks), Small Finance Banks,Payment Banks and Local Area Banks Madam/Dear Sir, Rationalisation of Branch Authorisation Policy- Revision of Guidelines Please refer to the paragraph 11 on ‘Banking Outlets – Final Guidelines’ (extract enclosed) of the Statement on Developmental and Reg
ମଇ 18, 2017
Partial Credit Enhancement to Corporate Bonds
RBI/2016-17/305 DBR.No.BP.BC.70/21.04.142/2016-17 May 18, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/Dear Sir, Partial Credit Enhancement to Corporate Bonds Please refer to paragraph 21 (a) of the Guidelines on Partial Credit Enhancement to Corporate Bonds by Banks annexed to the circular DBR.BP.BC.No.40/21.04.142/2015-16 dated September 24, 2015, on the capital requirements during the lifetime of the bond in respect of which partial cr
RBI/2016-17/305 DBR.No.BP.BC.70/21.04.142/2016-17 May 18, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/Dear Sir, Partial Credit Enhancement to Corporate Bonds Please refer to paragraph 21 (a) of the Guidelines on Partial Credit Enhancement to Corporate Bonds by Banks annexed to the circular DBR.BP.BC.No.40/21.04.142/2015-16 dated September 24, 2015, on the capital requirements during the lifetime of the bond in respect of which partial cr
ମଇ 18, 2017
Minimum qualifications and experience for CFO and CTO
RBI/2016-17/304 DBR.Appt.No.BC.68/29.67.001/2016-17 May 18, 2017 All Scheduled Commercial Banks (excluding RRBs) Madam/ Dear Sir, Minimum qualifications and experience for CFO and CTO Rapid innovations in banking and technology call for better risk governance in the areas of finance and technology. A Chief Financial Officer (CFO) and Chief Technology Officer (CTO) in banks’ management structure would play a crucial role in strengthening and sustaining the banks’ risk
RBI/2016-17/304 DBR.Appt.No.BC.68/29.67.001/2016-17 May 18, 2017 All Scheduled Commercial Banks (excluding RRBs) Madam/ Dear Sir, Minimum qualifications and experience for CFO and CTO Rapid innovations in banking and technology call for better risk governance in the areas of finance and technology. A Chief Financial Officer (CFO) and Chief Technology Officer (CTO) in banks’ management structure would play a crucial role in strengthening and sustaining the banks’ risk
ମଇ 11, 2017
Submission of Statutory returns (SLR-Form VIII) in XBRL platform
RBI/2016-17/302 Ref: DBR.CO.No.Ret.BC/66/12.07.144/2016-17 May 11, 2017 The Chairperson All RRBs Madam/Dear Sir, Submission of Statutory returns (SLR-Form VIII) in XBRL platform It has been decided to move the reporting of SLR from PCRPCD to XBRL (Extensible Business Reporting Language) platform. You are therefore advised to submit the returns (Form VIII) in XBRL from the month of April 2017. Yours faithfully, (S K Kar) Chief General Manager
RBI/2016-17/302 Ref: DBR.CO.No.Ret.BC/66/12.07.144/2016-17 May 11, 2017 The Chairperson All RRBs Madam/Dear Sir, Submission of Statutory returns (SLR-Form VIII) in XBRL platform It has been decided to move the reporting of SLR from PCRPCD to XBRL (Extensible Business Reporting Language) platform. You are therefore advised to submit the returns (Form VIII) in XBRL from the month of April 2017. Yours faithfully, (S K Kar) Chief General Manager
ମଇ 05, 2017
Timelines for Stressed Assets Resolution
RBI/2016-17/299 DBR.BP.BC.No.67/21.04.048/2016-17 May 5, 2017 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam/Dear Sir, Timelines for Stressed Assets Resolution Please refer to the circular DBOD.BP.BC.No.97/21.04.132/2013-14 dated February 26, 2014 on “Framework for Revitalising Distressed Assets in the Economy – Guidelines on Joint Lenders’ Forum (JLF) and Corrective
RBI/2016-17/299 DBR.BP.BC.No.67/21.04.048/2016-17 May 5, 2017 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam/Dear Sir, Timelines for Stressed Assets Resolution Please refer to the circular DBOD.BP.BC.No.97/21.04.132/2013-14 dated February 26, 2014 on “Framework for Revitalising Distressed Assets in the Economy – Guidelines on Joint Lenders’ Forum (JLF) and Corrective
ଅପ୍ରେଲ 27, 2017
Risk Management Systems - Role of the Chief Risk Officer (CRO)
RBI/2016-17/294 DBR.BP.BC.No.65/21.04.103/2016-17 April 27, 2017 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks(Excluding Local Area Banks and Regional Rural Banks)AndSmall Finance Banks Madam/Dear Sir, Risk Management Systems – Role of the Chief Risk Officer (CRO) Please refer to the guidelines on Risk Management Systems issued vide our circular DBOD.No.BP.(SC).BC.98/21.04.103/99 dated October 7, 1999 and the Guidance Notes
RBI/2016-17/294 DBR.BP.BC.No.65/21.04.103/2016-17 April 27, 2017 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks(Excluding Local Area Banks and Regional Rural Banks)AndSmall Finance Banks Madam/Dear Sir, Risk Management Systems – Role of the Chief Risk Officer (CRO) Please refer to the guidelines on Risk Management Systems issued vide our circular DBOD.No.BP.(SC).BC.98/21.04.103/99 dated October 7, 1999 and the Guidance Notes
ଅପ୍ରେଲ 20, 2017
Compliance with Ghosh Committee Recommendations
RBI/2016-17/284 Ref. DBS.CO.PPD.BC.No.9/11.01.005/2016-17 April 20, 2017 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) Madam/Dear Sir, Compliance with Ghosh Committee Recommendations We invite attention to our circular DBS.CO.PPD.BC.No.10/11.01.005/2015-16; dated April 28, 2016, in terms of which banks have been advised that the compliance to the Jilani Committee recommendations need not be reported to the Audit Committee of the Board (A
RBI/2016-17/284 Ref. DBS.CO.PPD.BC.No.9/11.01.005/2016-17 April 20, 2017 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) Madam/Dear Sir, Compliance with Ghosh Committee Recommendations We invite attention to our circular DBS.CO.PPD.BC.No.10/11.01.005/2015-16; dated April 28, 2016, in terms of which banks have been advised that the compliance to the Jilani Committee recommendations need not be reported to the Audit Committee of the Board (A
ଅପ୍ରେଲ 20, 2017
Alteration in the name of "Abu Dhabi Commercial Bank Limited" to "Abu Dhabi Commercial Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2016-17/285 DBR.No.Ret.BC/22/12.07.053A/2016-17 April 20, 2017 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of "Abu Dhabi Commercial Bank Limited" to "Abu Dhabi Commercial Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "Abu Dhabi Commercial Bank Limited" has been changed to "Abu Dhabi Commercial Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBR.I
RBI/2016-17/285 DBR.No.Ret.BC/22/12.07.053A/2016-17 April 20, 2017 All Scheduled Commercial Banks Dear Sir/Madam Alteration in the name of "Abu Dhabi Commercial Bank Limited" to "Abu Dhabi Commercial Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "Abu Dhabi Commercial Bank Limited" has been changed to "Abu Dhabi Commercial Bank PJSC" in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBR.I
ଅପ୍ରେଲ 20, 2017
Cessation of KBC Bank N.V. as a banking company within the meaning of sub-section (2) of Section 36(A) of the Banking Regulation Act, 1949
RBI/2016-17/286 DBR.No.Ret.BC.23/12.07.118A/2016-17 April 20, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Cessation of KBC Bank N.V. as a banking company within the meaning of sub-section (2) of Section 36(A) of the Banking Regulation Act, 1949 We advise that the “KBC Bank N.V.” has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949 vide Notification DBR.IBD.No. 16138/23.13.077/2015-16 dated June 24, 2016 and published in the
RBI/2016-17/286 DBR.No.Ret.BC.23/12.07.118A/2016-17 April 20, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Cessation of KBC Bank N.V. as a banking company within the meaning of sub-section (2) of Section 36(A) of the Banking Regulation Act, 1949 We advise that the “KBC Bank N.V.” has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949 vide Notification DBR.IBD.No. 16138/23.13.077/2015-16 dated June 24, 2016 and published in the
ଅପ୍ରେଲ 20, 2017
Alteration in the name of "Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A." to "Coöperatieve Rabobank U.A." in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2016-17/287 Ref.DBR.No.Ret.BC/21/12.07.131A/2016-17 April 20, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Alteration in the name of "Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A." to "Coöperatieve Rabobank U.A." in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A." has been changed to "Coöperatieve Rabobank U.A." in the Second Schedule to the Reserve Bank of In
RBI/2016-17/287 Ref.DBR.No.Ret.BC/21/12.07.131A/2016-17 April 20, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Alteration in the name of "Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A." to "Coöperatieve Rabobank U.A." in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A." has been changed to "Coöperatieve Rabobank U.A." in the Second Schedule to the Reserve Bank of In
ଅପ୍ରେଲ 20, 2017
Exclusion of KBC Bank N.V. - from the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2016-17/288 DBR.No.Ret.BC.24/12.07.118A/2016-17 April 20, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Exclusion of KBC Bank N.V. – from the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the KBC Bank N.V. has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.16137/23.13.077/2015-16 dated June 24, 2016 and published in the Gazette of India (Part III Section 4) dated August 27 -
RBI/2016-17/288 DBR.No.Ret.BC.24/12.07.118A/2016-17 April 20, 2017 All Scheduled Commercial Banks Dear Sir/Madam, Exclusion of KBC Bank N.V. – from the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the KBC Bank N.V. has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.16137/23.13.077/2015-16 dated June 24, 2016 and published in the Gazette of India (Part III Section 4) dated August 27 -
ଅପ୍ରେଲ 18, 2017
Disclosure in the “Notes to Accounts” to the Financial Statements- Divergence in the asset classification and provisioning
RBI/2016-17/283 DBR.BP.BC.No.63/21.04.018/2016-17 April 18, 2017 All Commercial Banks (Excluding Regional Rural Banks) Madam/Dear Sir, Disclosure in the “Notes to Accounts” to the Financial Statements- Divergence in the asset classification and provisioning Please refer to paragraph 22 of the Fourth Bi-monthly Monetary Policy Statement, 2015-16 announced on September 29, 2015 on the captioned subject (extract enclosed). 2. The Reserve Bank of India (RBI) assesses comp
RBI/2016-17/283 DBR.BP.BC.No.63/21.04.018/2016-17 April 18, 2017 All Commercial Banks (Excluding Regional Rural Banks) Madam/Dear Sir, Disclosure in the “Notes to Accounts” to the Financial Statements- Divergence in the asset classification and provisioning Please refer to paragraph 22 of the Fourth Bi-monthly Monetary Policy Statement, 2015-16 announced on September 29, 2015 on the captioned subject (extract enclosed). 2. The Reserve Bank of India (RBI) assesses comp
ଅପ୍ରେଲ 18, 2017
Additional Provisions For Standard Advances At Higher Than The Prescribed Rates
RBI/2016-17/282 DBR.No.BP.BC.64/21.04.048/2016-17 April 18, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/Dear Sir, Additional Provisions For Standard Advances At Higher Than The Prescribed Rates Please refer to paragraph 5 of the Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances dated July 1, 2015. 2. It is advised that the provisioning rates prescribed in the abovementi
RBI/2016-17/282 DBR.No.BP.BC.64/21.04.048/2016-17 April 18, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/Dear Sir, Additional Provisions For Standard Advances At Higher Than The Prescribed Rates Please refer to paragraph 5 of the Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances dated July 1, 2015. 2. It is advised that the provisioning rates prescribed in the abovementi
ଅପ୍ରେଲ 18, 2017
Guidelines on compliance with Accounting Standard (AS) 11 [The Effects of Changes in Foreign Exchange Rates] by banks - Clarification
RBI/2016-17/281 DBR.BP.BC.No.61/21.04.018/2016-17 April 18, 2017 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Guidelines on compliance with Accounting Standard (AS) 11 [The Effects of Changes in Foreign Exchange Rates] by banks - Clarification Please refer to circulars DBOD.No.BP.BC.76/21.04.018/2004-05 dated March 15, 2005 and DBOD.BP.BC.No.76/21.04.018/2005-06 dated April 05, 2006 on the captioned subject. 2. It has been observed
RBI/2016-17/281 DBR.BP.BC.No.61/21.04.018/2016-17 April 18, 2017 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Guidelines on compliance with Accounting Standard (AS) 11 [The Effects of Changes in Foreign Exchange Rates] by banks - Clarification Please refer to circulars DBOD.No.BP.BC.76/21.04.018/2004-05 dated March 15, 2005 and DBOD.BP.BC.No.76/21.04.018/2005-06 dated April 05, 2006 on the captioned subject. 2. It has been observed
ଅପ୍ରେଲ 18, 2017
Prudential Guidelines - Banks’ investment in units of REITs and InvITs
RBI/2016-17/280 DBR.No.FSD.BC.62/24.01.040/2016-17 April 18, 2017 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Prudential Guidelines – Banks’ investment in units of REITs and InvITs Please refer to the paragraph 12 of the Statement on Developmental and Regulatory Policies (extract enclosed) issued by RBI on April 06, 2017. As indicated therein, it has been decided to allow banks to participate in Real Estate Investment Trusts (REITs) and Infrastruc
RBI/2016-17/280 DBR.No.FSD.BC.62/24.01.040/2016-17 April 18, 2017 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Prudential Guidelines – Banks’ investment in units of REITs and InvITs Please refer to the paragraph 12 of the Statement on Developmental and Regulatory Policies (extract enclosed) issued by RBI on April 06, 2017. As indicated therein, it has been decided to allow banks to participate in Real Estate Investment Trusts (REITs) and Infrastruc
ଅପ୍ରେଲ 13, 2017
Grant of ‘Certificate of Registration’ - For carrying on the business of credit information - Transunion CIBIL Limited
RBI/2016-17/277 DBR.CID.BC. 60/20.16.040/2016-17 April 13, 2017 All Credit Institutions Dear Sir / MadamGrant of ‘Certificate of Registration’ – For carrying on the business of credit information – Transunion CIBIL Limited Please refer to our circular DBOD.No.CID.BC.84/20.16.042/2011-12 dated March 05, 2012 regarding grant of ‘Certificate of Registration’ to Credit Information Bureau (India) Limited and circular DBR.No.CID.BC.16/20.16.042/2016-17 dated September 29, 2
RBI/2016-17/277 DBR.CID.BC. 60/20.16.040/2016-17 April 13, 2017 All Credit Institutions Dear Sir / MadamGrant of ‘Certificate of Registration’ – For carrying on the business of credit information – Transunion CIBIL Limited Please refer to our circular DBOD.No.CID.BC.84/20.16.042/2011-12 dated March 05, 2012 regarding grant of ‘Certificate of Registration’ to Credit Information Bureau (India) Limited and circular DBR.No.CID.BC.16/20.16.042/2016-17 dated September 29, 2
ଅପ୍ରେଲ 13, 2017
Revised Prompt Corrective Action (PCA) Framework for Banks
RBI/2016-17/276 DBS.CO.PPD. BC.No.8/11.01.005/2016-17 April 13, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/ Dear Sir Revised Prompt Corrective Action (PCA) Framework for Banks Please refer to RBI circulars No. DBS.CO.PP.BC.9/11.01.005/2002-03 dated December 21, 2002 and DBS.CO.PP.BC.13/11.01.005/2003-04 dated June 15, 2004 on the scheme of Prompt Corrective Action. 2. The existing PCA framework for banks has since been reviewed and revi
RBI/2016-17/276 DBS.CO.PPD. BC.No.8/11.01.005/2016-17 April 13, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/ Dear Sir Revised Prompt Corrective Action (PCA) Framework for Banks Please refer to RBI circulars No. DBS.CO.PP.BC.9/11.01.005/2002-03 dated December 21, 2002 and DBS.CO.PP.BC.13/11.01.005/2003-04 dated June 15, 2004 on the scheme of Prompt Corrective Action. 2. The existing PCA framework for banks has since been reviewed and revi
ଅପ୍ରେଲ 10, 2017
Setting up of IFSC Banking Units (IBUs) - Permissible activities
RBI/2016-17/273 DBR.IBD.BC.59/23.13.004/2016-17 April 10, 2017 All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam, Setting up of IFSC Banking Units (IBUs) – Permissible activities Please refer to RBI circular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015, as modified from time to time, setting out RBI directions relating to IFSC Banking Units (IBUs). We have received a few suggestions and queries from the stakeholders regarding op
RBI/2016-17/273 DBR.IBD.BC.59/23.13.004/2016-17 April 10, 2017 All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam, Setting up of IFSC Banking Units (IBUs) – Permissible activities Please refer to RBI circular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015, as modified from time to time, setting out RBI directions relating to IFSC Banking Units (IBUs). We have received a few suggestions and queries from the stakeholders regarding op
ଅପ୍ରେଲ 06, 2017
Change in Bank Rate
RBI/2016-17/270 DBR.No.Ret.BC.58/12.01.001/2016-17 April 06, 2017 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.19/12.01.001/2016-17 dated October 04, 2016 on the captioned subject. 2. As announced in the First Bi-Monthly Monetary Policy Statement 2017-18 dated April 06, 2017, the Bank Rate stands adjusted by 25 basis points from 6.75 per cent to 6.50 per cent with effec
RBI/2016-17/270 DBR.No.Ret.BC.58/12.01.001/2016-17 April 06, 2017 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.19/12.01.001/2016-17 dated October 04, 2016 on the captioned subject. 2. As announced in the First Bi-Monthly Monetary Policy Statement 2017-18 dated April 06, 2017, the Bank Rate stands adjusted by 25 basis points from 6.75 per cent to 6.50 per cent with effec
ମାର୍ଚ୍ଚ 29, 2017
Opening of all Agency Banks for government business on April 1, 2017 - Revised instructions
RBI/2016-17/259 DBR.No.Leg.BC.56/09.07.005/2016-17 March 29, 2017 All Agency Banks Dear Sir/ Madam, Opening of all Agency Banks for government business on April 1, 2017 – Revised instructions We had vide our circular DBR.No.Leg. BC.55/09.07.005/2016-17 dated March 24, 2017 advised all Agency Banks to keep all their 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)
RBI/2016-17/259 DBR.No.Leg.BC.56/09.07.005/2016-17 March 29, 2017 All Agency Banks Dear Sir/ Madam, Opening of all Agency Banks for government business on April 1, 2017 – Revised instructions We had vide our circular DBR.No.Leg. BC.55/09.07.005/2016-17 dated March 24, 2017 advised all Agency Banks to keep all their 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)
ମାର୍ଚ୍ଚ 24, 2017
All Agency Banks to remain open for public on all days from March 25, 2017 to April 1, 2017
RBI/2016-17/256 DBR.No.Leg.BC.55/09.07.005/2016-17 March 24, 2017 All Agency Banks Dear Sir/ Madam, All Agency Banks to remain open for public on all days from March 25, 2017 to April 1, 2017 The Government of India has advised that all Pay and Account Offices will remain open on all days up to April 1, 2017 to facilitate government receipt and payment functions. Accordingly, all Agency Banks are advised to keep all their branches dealing with government business open
RBI/2016-17/256 DBR.No.Leg.BC.55/09.07.005/2016-17 March 24, 2017 All Agency Banks Dear Sir/ Madam, All Agency Banks to remain open for public on all days from March 25, 2017 to April 1, 2017 The Government of India has advised that all Pay and Account Offices will remain open on all days up to April 1, 2017 to facilitate government receipt and payment functions. Accordingly, all Agency Banks are advised to keep all their branches dealing with government business open
ମାର୍ଚ୍ଚ 09, 2017
Inclusion of “The Royal Bank of Scotland plc” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2016-17/244 DBR.No.Ret.BC.54/12.07.150/2016-17 March 09, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “The Royal Bank of Scotland plc” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “The Royal Bank of Scotland plc” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.3878/23.13.020/2016-17 dated September 29, 2016, and published in the Gazette of India (Part III
RBI/2016-17/244 DBR.No.Ret.BC.54/12.07.150/2016-17 March 09, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “The Royal Bank of Scotland plc” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “The Royal Bank of Scotland plc” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.3878/23.13.020/2016-17 dated September 29, 2016, and published in the Gazette of India (Part III
ଫେବୃଆରୀ 16, 2017
Repayment of Gold Loan
RBI/2016-17/229 DBR.RRB.BC.No. 53/31.01.001/2016-17 February 16, 2017 All Regional Rural Banks Dear Sir / Madam, Repayment of Gold Loan Please refer to circular RPCD.CO.RRB.BC.No.22/03.05.34/2010-11 dated September 22, 2010 wherein Regional Rural Banks (RRBs) were permitted to grant gold loans up to Rs.1.00 lakh with bullet repayment option. 2. On a review, it has been decided to increase the quantum of loan that could be granted under the scheme, from Rs.1.00 lakh to
RBI/2016-17/229 DBR.RRB.BC.No. 53/31.01.001/2016-17 February 16, 2017 All Regional Rural Banks Dear Sir / Madam, Repayment of Gold Loan Please refer to circular RPCD.CO.RRB.BC.No.22/03.05.34/2010-11 dated September 22, 2010 wherein Regional Rural Banks (RRBs) were permitted to grant gold loans up to Rs.1.00 lakh with bullet repayment option. 2. On a review, it has been decided to increase the quantum of loan that could be granted under the scheme, from Rs.1.00 lakh to
ଫେବୃଆରୀ 16, 2017
Inclusion of “Equitas Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2016-17/230 DBR.No.Ret.BC.52/12.07.143A/2016-17 February 16, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “Equitas Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Equitas Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.PSBD.No.7144/16.02.002/2016-17 dated December 23, 2016, and published in the Gazette of Ind
RBI/2016-17/230 DBR.No.Ret.BC.52/12.07.143A/2016-17 February 16, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “Equitas Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Equitas Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.PSBD.No.7144/16.02.002/2016-17 dated December 23, 2016, and published in the Gazette of Ind
ଫେବୃଆରୀ 16, 2017
Inclusion of “Capital Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2016-17/231 DBR.No.Ret.BC.51/12.07.145A/2016-17 February 16, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “Capital Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Capital Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.PSBD.No.5201/16.02.001/2016-17 dated November 8, 2016, and published in the Gazette of Indi
RBI/2016-17/231 DBR.No.Ret.BC.51/12.07.145A/2016-17 February 16, 2017 All Scheduled Commercial Banks Dear Sir, Inclusion of “Capital Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Capital Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.PSBD.No.5201/16.02.001/2016-17 dated November 8, 2016, and published in the Gazette of Indi
ଫେବୃଆରୀ 02, 2017
Basel III Capital Regulations- Additional Tier 1 Capital
RBI/2016-17/222 DBR.BP.BC.No.50/21.06.201/2016-17 February 02, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/ Sir, Basel III Capital Regulations- Additional Tier 1 Capital Please refer to the paragraph 1.8 on ‘Coupon Discretion’ under Annex 4 on ‘'Criteria for Inclusion of Perpetual Debt Instruments (PDI) in Additional Tier 1 Capital' of the Master Circular, DBR.No.BP.BC.1/21.06.201/2015-16 dated July 1, 2015 on ‘Basel III Capital Regulati
RBI/2016-17/222 DBR.BP.BC.No.50/21.06.201/2016-17 February 02, 2017 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/ Sir, Basel III Capital Regulations- Additional Tier 1 Capital Please refer to the paragraph 1.8 on ‘Coupon Discretion’ under Annex 4 on ‘'Criteria for Inclusion of Perpetual Debt Instruments (PDI) in Additional Tier 1 Capital' of the Master Circular, DBR.No.BP.BC.1/21.06.201/2015-16 dated July 1, 2015 on ‘Basel III Capital Regulati
ଡିସେମ୍ବର 28, 2016
Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
RBI/2016-17/198 DBR.No.BP.BC.49/21.04.048/2016-17 December 28, 2016 All Regulated Entities Madam / Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances Please refer to circular DBR.No.BP.BC.37/21.04.048/2016-17 dated November 21, 2016. 2. On a review, it has been decided to: (i) Provide 30 days, in addition to the 60 days provided vide the abovementioned circular, in the following categories of loans: (a) Runni
RBI/2016-17/198 DBR.No.BP.BC.49/21.04.048/2016-17 December 28, 2016 All Regulated Entities Madam / Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances Please refer to circular DBR.No.BP.BC.37/21.04.048/2016-17 dated November 21, 2016. 2. On a review, it has been decided to: (i) Provide 30 days, in addition to the 60 days provided vide the abovementioned circular, in the following categories of loans: (a) Runni
ଡିସେମ୍ବର 15, 2016
Compliance to provisions of Master Direction on Know Your Customer (KYC)
RBI/2016-17/183 DBR.AML.BC.48/14.01.01/2016-17 December 15, 2016 All Regulated Entities Dear Sir/Madam, Compliance to provisions of Master Direction on Know Your Customer (KYC) A reference may be made to the following provisions of the Master Direction on Know Your Customer (KYC): (i) Section 8(d) and (e), wherein it is mentioned that concurrent/internal audit system of the Regulated Entities (REs) has to verify the compliance with KYC/AML policies and procedures and
RBI/2016-17/183 DBR.AML.BC.48/14.01.01/2016-17 December 15, 2016 All Regulated Entities Dear Sir/Madam, Compliance to provisions of Master Direction on Know Your Customer (KYC) A reference may be made to the following provisions of the Master Direction on Know Your Customer (KYC): (i) Section 8(d) and (e), wherein it is mentioned that concurrent/internal audit system of the Regulated Entities (REs) has to verify the compliance with KYC/AML policies and procedures and
ଡିସେମ୍ବର 13, 2016
Preservation of CCTV recordings
RBI/2016-17/181 DCM (Plg) No. 1712/10.27.00/2016-17 December 13, 2016 The Chairman & Managing DirectorChief Executive OfficersAll Banks Dear Sir, Preservation of CCTV recordings Please refer to paragraph (5) of our circular DCM (FNVD) No.1134/16.01.05/2016-17 dated October 27, 2016 wherein it was stated that in order to facilitate identification of people abetting circulation of counterfeit notes, banks are advised to cover the banking hall/area and counters under
RBI/2016-17/181 DCM (Plg) No. 1712/10.27.00/2016-17 December 13, 2016 The Chairman & Managing DirectorChief Executive OfficersAll Banks Dear Sir, Preservation of CCTV recordings Please refer to paragraph (5) of our circular DCM (FNVD) No.1134/16.01.05/2016-17 dated October 27, 2016 wherein it was stated that in order to facilitate identification of people abetting circulation of counterfeit notes, banks are advised to cover the banking hall/area and counters under
ଡିସେମ୍ବର 12, 2016
Distribution of Mahatma Gandhi (New) Series Banknotes - Records
RBI/2016-17/180DCM (Plg) No. 1683/10.27.00/2016-17 December 12, 2016 The Chairman / Managing Director/ Chief Executive Officer(All banks maintaining currency chests) Dear Sir, Distribution of Mahatma Gandhi (New) Series Banknotes – Records Please refer to our circular DCM (RMMT) No. G-5/11.01.01/2016-17 dated July 15, 2016 on Receipt and Remittance of Treasure. 2. In the wake of reported seizures by Income Tax Department and other law enforcement agencies of large qua
RBI/2016-17/180DCM (Plg) No. 1683/10.27.00/2016-17 December 12, 2016 The Chairman / Managing Director/ Chief Executive Officer(All banks maintaining currency chests) Dear Sir, Distribution of Mahatma Gandhi (New) Series Banknotes – Records Please refer to our circular DCM (RMMT) No. G-5/11.01.01/2016-17 dated July 15, 2016 on Receipt and Remittance of Treasure. 2. In the wake of reported seizures by Income Tax Department and other law enforcement agencies of large qua
ଡିସେମ୍ବର 12, 2016
Detection of counterfeit notes in Specified Bank Notes (SBNs) - Reporting
RBI/2016-17/179 DCM (Plg) No. 1679/10.27.00/2016-17 December 12, 2016 The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional RuralBanks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir, Detection of counterfeit notes in Specified Bank Notes (SBNs) - Reporting Please refer our circulars DCM (Plg) No.1264/10.27.00/2016-17 and DCM (Plg) No.1291/10.27.00/2016-17 dated November 11, 2016 and N
RBI/2016-17/179 DCM (Plg) No. 1679/10.27.00/2016-17 December 12, 2016 The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional RuralBanks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir, Detection of counterfeit notes in Specified Bank Notes (SBNs) - Reporting Please refer our circulars DCM (Plg) No.1264/10.27.00/2016-17 and DCM (Plg) No.1291/10.27.00/2016-17 dated November 11, 2016 and N
ଡିସେମ୍ବର 08, 2016
Amendment to Master Direction on Know Your Customer
RBI/2016-17/177 DBR.AML.BC.47/14.01.01/2016-17 December 8, 2016 All Regulated Entities Dear Sir/Madam, Amendment to Master Direction on Know Your Customer In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, it has been decided to make certain amendments to the Master Direction on Know Your Customer (KYC). The two major changes being notified are as under: It has been decided to allow One Time Pin (OTP) based e-KYC subject to cert
RBI/2016-17/177 DBR.AML.BC.47/14.01.01/2016-17 December 8, 2016 All Regulated Entities Dear Sir/Madam, Amendment to Master Direction on Know Your Customer In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, it has been decided to make certain amendments to the Master Direction on Know Your Customer (KYC). The two major changes being notified are as under: It has been decided to allow One Time Pin (OTP) based e-KYC subject to cert
ଡିସେମ୍ବର 08, 2016
Amendment to Master Direction (MD) on KYC
RBI/2016-17/176 DBR.AML.BC. No. 18/14.01.001/2016-17 December 8, 2016 All Regulated Entities (REs) Dear Sir/Madam, Amendment to Master Direction (MD) on KYC In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949 and section 35A read with section 56 of that Act, Rule 9 (14) of the Prevention of Money Laundering (Maintenance of Records) Rules, 2005 and all other laws enabling the Reserve Bank in this behalf, the Reserve Bank makes the
RBI/2016-17/176 DBR.AML.BC. No. 18/14.01.001/2016-17 December 8, 2016 All Regulated Entities (REs) Dear Sir/Madam, Amendment to Master Direction (MD) on KYC In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949 and section 35A read with section 56 of that Act, Rule 9 (14) of the Prevention of Money Laundering (Maintenance of Records) Rules, 2005 and all other laws enabling the Reserve Bank in this behalf, the Reserve Bank makes the
ଡିସେମ୍ବର 07, 2016
Reserve Bank of India Act, 1934 - Section 42(1A) Withdrawal of the Incremental CRR
RBI/2016-17/174 DBR.No.Ret.BC.46/12.01.001/2016-17 December 7, 2016 The Chairperson / CEOs of all Scheduled Commercial Banks/ Regional Rural Banks / All Scheduled Primary (Urban) Co-operative Banks / All Scheduled State Co-operative Banks Dear Sir, Reserve Bank of India Act, 1934 – Section 42(1A)Withdrawal of the Incremental CRR Please refer to our circular DBR.No.Ret.BC.41/12.01.001/2016-17 dated November 26, 2016 whereby all scheduled banks were required to maintain
RBI/2016-17/174 DBR.No.Ret.BC.46/12.01.001/2016-17 December 7, 2016 The Chairperson / CEOs of all Scheduled Commercial Banks/ Regional Rural Banks / All Scheduled Primary (Urban) Co-operative Banks / All Scheduled State Co-operative Banks Dear Sir, Reserve Bank of India Act, 1934 – Section 42(1A)Withdrawal of the Incremental CRR Please refer to our circular DBR.No.Ret.BC.41/12.01.001/2016-17 dated November 26, 2016 whereby all scheduled banks were required to maintain
ଡିସେମ୍ବର 06, 2016
Requirement of customer due diligence and need for maintenance of records
RBI/2016-17/173 DBR.AML.BC.No.44/14.01.001/2016-17 December 06, 2016 All Regulated Entities (REs) Dear Sir/Madam, Requirement of customer due diligence and need for maintenance of records It has been reported that, of late, a lot of customers are approaching banks for re-activation of dormant accounts. 2. In this regard, we invite attention to paragraph 24.2 (ix) of the Master Circular on ‘Customer Services in Banks’ dated July 1, 2015, requiring that operation in dor
RBI/2016-17/173 DBR.AML.BC.No.44/14.01.001/2016-17 December 06, 2016 All Regulated Entities (REs) Dear Sir/Madam, Requirement of customer due diligence and need for maintenance of records It has been reported that, of late, a lot of customers are approaching banks for re-activation of dormant accounts. 2. In this regard, we invite attention to paragraph 24.2 (ix) of the Master Circular on ‘Customer Services in Banks’ dated July 1, 2015, requiring that operation in dor
ଡିସେମ୍ବର 01, 2016
Financing of Infrastructure - ‘Definition of 'Infrastructure Lending'
RBI/2016-17/168 DBR.BP.BC.No.42/08.12.014/2016-17 December 1, 2016 All Scheduled Commercial Banks (Excluding RRBs) All India Term-Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Madam/Dear Sir, Financing of Infrastructure – ‘Definition of 'Infrastructure Lending' Please refer to our circular DBOD.BP.BC.No.66/08.12.014/2013-14 November 25, 2013 on 'Definition of Infrastructure Lending' harmonising the RBI definition of Infrastructure Lending wit
RBI/2016-17/168 DBR.BP.BC.No.42/08.12.014/2016-17 December 1, 2016 All Scheduled Commercial Banks (Excluding RRBs) All India Term-Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Madam/Dear Sir, Financing of Infrastructure – ‘Definition of 'Infrastructure Lending' Please refer to our circular DBOD.BP.BC.No.66/08.12.014/2013-14 November 25, 2013 on 'Definition of Infrastructure Lending' harmonising the RBI definition of Infrastructure Lending wit
ଡିସେମ୍ବର 01, 2016
Large Exposures Framework
RBI/2016-17/167 DBR.No.BP.BC.43/21.01.003/2016-17 December 01, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/Dear Sir, Large Exposures Framework Please refer to the paragraph 3 of the Statement on Developmental and Regulatory Policies issued by RBI on October 4, 2016 (extract enclosed). It was indicated therein that RBI will issue final guidelines on Large Exposures Framework (LEF) by end-October, 2016. Accordingly, the final guidelines ar
RBI/2016-17/167 DBR.No.BP.BC.43/21.01.003/2016-17 December 01, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam/Dear Sir, Large Exposures Framework Please refer to the paragraph 3 of the Statement on Developmental and Regulatory Policies issued by RBI on October 4, 2016 (extract enclosed). It was indicated therein that RBI will issue final guidelines on Large Exposures Framework (LEF) by end-October, 2016. Accordingly, the final guidelines ar
ନଭେମ୍ବର 26, 2016
Reserve Bank of India Act, 1934 - Section 42(1A) Requirement for maintaining additional CRR
RBI/2016-17/159DBR.No.Ret.BC.41/12.01.001/2016-17 November 26, 2016 The Chairperson / CEOs of all Scheduled Commercial Banks/ Regional Rural Banks / All Scheduled Primary (Urban) Co-operative Banks / All Scheduled State Co-operative Banks Dear Sir, Reserve Bank of India Act, 1934 – Section 42(1A) Requirement for maintaining additional CRR Under section 42(1) of Reserve Bank of India Act, 1934, all Scheduled Banks are required to maintain with Reserve Bank of India a C
RBI/2016-17/159DBR.No.Ret.BC.41/12.01.001/2016-17 November 26, 2016 The Chairperson / CEOs of all Scheduled Commercial Banks/ Regional Rural Banks / All Scheduled Primary (Urban) Co-operative Banks / All Scheduled State Co-operative Banks Dear Sir, Reserve Bank of India Act, 1934 – Section 42(1A) Requirement for maintaining additional CRR Under section 42(1) of Reserve Bank of India Act, 1934, all Scheduled Banks are required to maintain with Reserve Bank of India a C
ନଭେମ୍ବର 24, 2016
Special knowledge or practical experience useful to banking companies
RBI/2016-17/152 DBR.Appt.BC.No.39/29.39.001/2016-17 November 24, 2016 All Commercial Banks excluding RRBs Dear Sir / Madam, Special knowledge or practical experience useful to banking companies In the backdrop of innovations in banking and technology, it is felt that the domain knowledge and experience enumerated under various statutory provisions for the directors on the boards of commercial banks (excluding RRBs) need to be augmented by knowledge and experience in o
RBI/2016-17/152 DBR.Appt.BC.No.39/29.39.001/2016-17 November 24, 2016 All Commercial Banks excluding RRBs Dear Sir / Madam, Special knowledge or practical experience useful to banking companies In the backdrop of innovations in banking and technology, it is felt that the domain knowledge and experience enumerated under various statutory provisions for the directors on the boards of commercial banks (excluding RRBs) need to be augmented by knowledge and experience in o
ନଭେମ୍ବର 22, 2016
Fraudulent Practices
RBI/2016-17/147 DCM (Plg) No.1341/10.27.00/2016-17 November 22, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks Dear Sir, Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Fraudulent Practices It has been brought to our notice that at certain places, few bank branch offi
RBI/2016-17/147 DCM (Plg) No.1341/10.27.00/2016-17 November 22, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks Dear Sir, Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Fraudulent Practices It has been brought to our notice that at certain places, few bank branch offi
ନଭେମ୍ବର 21, 2016
Relaxation in Prudential Norms
RBI/2016-17/143 DBR.No.BP.BC.37/21.04.048/2016-17 November 21, 2016 All Entities Regulated by the Reserve Bank of India Madam / Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances It has been represented to us that consequent upon withdrawal of the legal tender status of the existing ₹ 500 and ₹ 1,000 notes (SBN) small borrowers may need some more time to repay their loan dues. Taking these representations int
RBI/2016-17/143 DBR.No.BP.BC.37/21.04.048/2016-17 November 21, 2016 All Entities Regulated by the Reserve Bank of India Madam / Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances It has been represented to us that consequent upon withdrawal of the legal tender status of the existing ₹ 500 and ₹ 1,000 notes (SBN) small borrowers may need some more time to repay their loan dues. Taking these representations int
ନଭେମ୍ବର 10, 2016
Schemes for Stressed Assets - Revisions
RBI/2016-17/122 DBR.No.BP.BC.34/21.04.132/2016-17 November 10, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies, including Securitisation Companies/ Reconstruction Companies Madam / Dear Sir, Schemes for Stressed Assets - Revisions In the recent past, the Reserve Bank of India has taken various regulatory measures to strengthen the lenders’ abili
RBI/2016-17/122 DBR.No.BP.BC.34/21.04.132/2016-17 November 10, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies, including Securitisation Companies/ Reconstruction Companies Madam / Dear Sir, Schemes for Stressed Assets - Revisions In the recent past, the Reserve Bank of India has taken various regulatory measures to strengthen the lenders’ abili
ନଭେମ୍ବର 10, 2016
Guidelines on capital requirements for bank exposures to central counterparties
RBI/2016-17/120 DBR.No.BP.BC.30/21.06.201/2016-17 November 10, 2016 The Managing Director/Chief Executive OfficerAll Scheduled Commercial Banks(Excluding Regional Rural Banks) Madam / Dear Sir, Guidelines on capital requirements for bank exposures to central counterparties Please refer to the paragraph 4 of Statement on Developmental and Regulatory Policies issued by RBI on October 4, 2016. It was indicated therein that RBI will issue final guidelines on capital requi
RBI/2016-17/120 DBR.No.BP.BC.30/21.06.201/2016-17 November 10, 2016 The Managing Director/Chief Executive OfficerAll Scheduled Commercial Banks(Excluding Regional Rural Banks) Madam / Dear Sir, Guidelines on capital requirements for bank exposures to central counterparties Please refer to the paragraph 4 of Statement on Developmental and Regulatory Policies issued by RBI on October 4, 2016. It was indicated therein that RBI will issue final guidelines on capital requi
ନଭେମ୍ବର 10, 2016
Scheme for Sustainable Structuring of Stressed Assets - Revisions
RBI/2016-17/121 DBR.No.BP.BC.33/21.04.132/2016-17 November 10, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies, including Securitisation Companies/ Reconstruction Companies Madam / Dear Sir, Scheme for Sustainable Structuring of Stressed Assets - Revisions We invite a reference to the paragraph 6 of the Statement on Developmental and Regulatory
RBI/2016-17/121 DBR.No.BP.BC.33/21.04.132/2016-17 November 10, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies, including Securitisation Companies/ Reconstruction Companies Madam / Dear Sir, Scheme for Sustainable Structuring of Stressed Assets - Revisions We invite a reference to the paragraph 6 of the Statement on Developmental and Regulatory
ନଭେମ୍ବର 10, 2016
Guidelines for computing exposure for counterparty credit risk arising from derivative transactions
RBI/2016-17/119 DBR.No.BP.BC.29/21.06.201/2016-17 November 10, 2016 The Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam / Dear Sir, Guidelines for computing exposure for counterparty credit risk arising from derivative transactions Please refer to the paragraph 4 of the Statement on Developmental and Regulatory Policies issued by RBI on October 4, 2016. It was indicated therein that RBI will issue fin
RBI/2016-17/119 DBR.No.BP.BC.29/21.06.201/2016-17 November 10, 2016 The Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam / Dear Sir, Guidelines for computing exposure for counterparty credit risk arising from derivative transactions Please refer to the paragraph 4 of the Statement on Developmental and Regulatory Policies issued by RBI on October 4, 2016. It was indicated therein that RBI will issue fin
ନଭେମ୍ବର 10, 2016
Setting up of IFSC Banking Units (IBUs) - Permissible activities
RBI/2016-17/118 DBR.IBD.BC.32/23.13.004/2016-17 November 10, 2016 Chairman/Managing Director and CEOs All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam, Setting up of IFSC Banking Units (IBUs) – Permissible activities Please refer to our circular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015 setting out RBI directions relating to IFSC Banking Units (IBUs). We have received a few suggestions and queries during the last few months
RBI/2016-17/118 DBR.IBD.BC.32/23.13.004/2016-17 November 10, 2016 Chairman/Managing Director and CEOs All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam, Setting up of IFSC Banking Units (IBUs) – Permissible activities Please refer to our circular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015 setting out RBI directions relating to IFSC Banking Units (IBUs). We have received a few suggestions and queries during the last few months
ନଭେମ୍ବର 09, 2016
Banks to remain open for Public on Saturday, November 12 and Sunday, November 13, 2016
RBI/2016-17/114 DBR.No.Leg.BC.31/09.07.005/2016-17 November 9, 2016 The Chairman / Managing Director and Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Small Finance Banks / Regional Rural Banks / Local Area Banks All Cooperative Banks Dear Sir/ Madam, Banks to remain open for public on Saturday, November 12 and Sunday, November 13, 2016 In order to meet the anticipated heavy demand from members of public to conduct their banking t
RBI/2016-17/114 DBR.No.Leg.BC.31/09.07.005/2016-17 November 9, 2016 The Chairman / Managing Director and Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Small Finance Banks / Regional Rural Banks / Local Area Banks All Cooperative Banks Dear Sir/ Madam, Banks to remain open for public on Saturday, November 12 and Sunday, November 13, 2016 In order to meet the anticipated heavy demand from members of public to conduct their banking t
ରିଜର୍ଭ ବ୍ୟାଙ୍କ ଅଫ୍ ଇଣ୍ଡିଆ ମୋବାଇଲ୍ ଆପ୍ଲିକେସନ୍ ଇନଷ୍ଟଲ୍ କରନ୍ତୁ ଏବଂ ଲାଟେଷ୍ଟ ନିଉଜ୍ କୁ ଶୀଘ୍ର ଆକ୍ସେସ୍ ପାଆନ୍ତୁ!
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ନଭେମ୍ବର 06, 2024
