Notifications

RBI/2015-16/279 DBR.IBD.BC.No.68/23.37.001/2015-16 December 31, 2015 All Scheduled Commercial Banks (Excluding RRBs and LABs) Madam/Dear Sir, Extension of Credit Facilities to Overseas Step-down Subsidiaries of Indian Corporates Please refer to our circular DBOD.IBD.BC.No.96/23.37.001/2006-07 dated May 10, 2007 permitting banks in India to extend funded and/or non-funded credit facilities to step-down subsidiaries of the overseas subsidiaries of Indian companies that

RBI/2015-16/269 DPSS.CO.PD.No./1265/02.23.001/2015-2016 December 17, 2015 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / White Label ATM Operators Madam /Dear Sir Mobile Banking Transactions in India - Operative Guidelines for Banks – Customer Registration for Mobile Banking A reference is invited to para 7 of the M

RBI/2015-16/259 DBR.Dir.BC.No.62/04.02.001/2015-16 December 4, 2015 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit The Government of India has announced the Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit to eligible exporters. The scheme is effective from April 1, 2015. The details of the scheme are enclosed. 2. Accordingly, scheduled commercial banks

RBI/2015-16/258 DBR. AML. No. 7312/14.01.001/2015-16 December 3, 2015 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ all NBFCs/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (StCBs / CCBs) /All Payment System Providers/ System Participants and Prepaid Payment Instrument Issuers/ All authorised persons including those who are agents of Money Transfer Serv

RBI/2015-16/252 DBR.IBD.BC. 61/23.07.001/2015-16 November 26, 2015 All Foreign Banks operating in India Dear Sir/Madam, Engagement of Services of Expatriate Officers in Indian Offices of Foreign Banks Please refer to our D.O.No.DBOD.Ref.1318/C.319-70 August 31, 1970 and Circulars DBOD.No.1033/23.07.001/94 dated March 11, 1994 and DBOD.IBS.BC.No.109/ 23.06.001/ 99-2000 October 30, 1999 regarding engagement of expatriate officers by foreign banks in branches in India. 2

RBI/2015-16/247 DBR.BP.BC.No.55/21.04.172/2015-16 November 26, 2015 All Scheduled Commercial Banks (Excluding RRBs) Madam/Dear Sir, Bank Finance to Factoring Companies Please refer to our circular DBOD.BP.BC.No.40/21.04.172/2012-13 dated September 11, 2012 on “Bank Finance to Factoring Companies”, in terms of which banks were advised that they can extend financial assistance to support the factoring business of Factoring Companies complying with certain criteria, whic

RBI/2015-16/238 DBR.No.BP.BC.57/21.06.201/2015-16 November 19, 2015 All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam / Sir, Non-Operative Financial Holding Company (NOFHC) – Application of Capital Adequacy Norms Please refer to the Guidelines for Licensing of New Banks in the Private Sector issued on February 22, 2013. The guidelines inter alia require setting up of wholly-owned Non-Operative Financial Holding Company (NOFHC)

RBI/2015-16/222 IDMD.CDD.No.968/14.04.050/2015-16 November 4, 2015 The Chairman & Managing Director All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Sovereign Gold Bonds, 2015-16 - Operational Guidelines This has reference to the GoI notification F.No.4(19)-W&M/2014 and RBI circular IDMD.CDD.No.939/14.04.050/2015-16 dated October 30, 2015 on the Sovereign Gold Bonds, 2015-16. FAQs in this regard have been placed on our website (www.rbi.org.in).

RBI/2015-16/211 Master Direction No.DBR.IBD.No.45/23.67.003/2015-16 October 22, 2015 (Updated as on August 04, 2022) (Updated as on October 28, 2021) (Updated as on April 05, 2021) (Updated as on August 16, 2019) (Updated as on January 9, 2

RBI/2015-16/202 DBR.BP.BC.No.43/21.06.001/2015-16 October 8, 2015 All Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Risk Weights for Claims on Foreign Central Banks Please refer to paragraph 5.3 of the Master Circular DBR.No.BP.BC.1/21.06.201/2015-16dated July 1, 2015 on Basel III Capital Regulations prescribing risk weights for claims on Foreign Sovereigns. 2. The matter of risk weights in respect of claims on foreign central banks

RBI/2015-16/200 DBR.BP.BC.No. 44/08.12.015/2015-16 October 8, 2015 All Scheduled Commercial Banks Dear Sir, Individual Housing Loans: Rationalisation of Risk-Weights and LTV Ratios Please refer to paragraph 4 of the circular DBOD.BP.BC.No.104/08.12.015/2012-13 dated June 21, 2013 on ‘Housing Sector: New Sub-sector CRE (Residential Housing) within CRE & Rationalisation of Provisioning, Risk-weight and LTV Ratios’, wherein the LTV ratios and risk weights for individ