Notifications

RBI/2015-16/178 DBR.Dir.BC.No.38/13.03.00/2015-16 September 16, 2015 All Commercial Banks Dear Sir/Madam Guidelines on Compensation of Chief Executive Officer/ Whole Time Directors – Restrictions under Section 20 of the Banking Regulation Act, 1949 – Loans to Directors Section 20 of Banking Regulation Act, 1949 (B.R. Act, 1949) prohibits banks from granting any loan or advance to any of its Directors. However, in exercise of the powers conferred by clause (a) of the E

RBI/2015-16/167 DBR.AML.No. 3074/14.01.001/2015-16 August 31, 2015 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ All Non-banking Financial Companies/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (SCBs / CCBs) / All authorised persons Dear Sir/ Madam, Reporting requirement under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (

RBI/2015-16/148 DBR.No.BAPD.BC.34/22.01.001/2015-16 August 6, 2015 All Domestic Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir Section 23 of the Banking Regulation Act, 1949 - Relaxations in Branch Authorisation Policy Please refer to circulars DBOD.No.BAPD.BC.54 and 60/22.01.001/2013-14 dated September 19, 2013 and October 21, 2013 respectively on the above subject, permitting domestic scheduled commercial banks (other than RRBs) to open branches in Tie

RBI/2015-16/139 DCBR.CO.LS (PCB) Cir.No.2/07.01.000/2015-16 July 30, 2015 Chief Executive Officers of allPrimary (Urban) Co-operative Banks Madam / Dear Sir Extending Value Added Services through ATMs by Primary (Urban) Co-operative Banks (UCBs) Please refer to para 2 of our circular ref: UBD.No.BPT.SUB.9/09.69.00/2000-01 dated June 11, 2001 indicating the functional facilities that were permitted to be offered at the off-site ATMs. The matter has been reviewed and it

RBI/2015-16/143 DBR.AML.No.1637/14.01.001/2015-16 July 30, 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 Service Sc

RBI/2015-16/112 DBR.Leg.BC.25./09.07.005/2015-16 July 02, 2015 The Chairman / Chief ExecutiveAll Scheduled Commercial Banks(excluding RRBs) Dear Sir, Opening of Current Accounts by Banks - Need for Discipline Please refer to our circular DBOD.No.Leg.BC.84/09.07.005/2003-04 dated May 15, 2004 advising banks to scrupulously ensure that their branches do not open current accounts of entities which enjoy credit facilities (fund based or non-fund based) from the banking sy

RBI/2015-16/111 DBR.No.BP.BC.27/21.04.048/2015-16 July 2, 2015 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Discount Rate for Computing Present Value of Future Cash Flows Please refer to paragraph 4.5 of circular DBOD.BP.BC.No.99/21.04.132/2012-13 dated May 30, 2013, in terms of which a rate equal to the bank's Benchmark Prime Lending Rate or base rate (whichever is applicable to the borrower) as on the date of restructuring plus the appro

RBI No 2015-16/109 DBR.No.BP.BC.26/21.04.098/2015-16 July 2, 2015 The Chairmen and Managing Directors / Chief Executive Officers of All Commercial Banks (Excluding RRBs and LABs) Dear Sir, Bucketing of excess SLR and MSF securities in Structural Liquidity Statement Please refer to our Circular DBOD.BP.No.56/21.04.098/2012-13 dated November 7, 2012 on Liquidity Risk Management by Banks in terms of which banks are required to prepare structural liquidity statement (Rupe

RBI/2015-16/25 DNBR (PD) CC.No.048/03.10.119/2015-16 July 01, 2015 To All Core Investment Companies, Dear Sir/Madam, Master Circular– Regulatory Framework for Core Investment Companies (CICs) As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions related to the captioned subject contained in various circulars issued by RBI updated as on June 30, 2015

RBI/2015-16/26 DNBR (PD) CC.No.061/03.10.119/2015-16 July 01, 2015 (As amended up to August 04, 2015) To All Non-Banking Finance Companies (except Primary dealers), Dear Sir/Madam, Master Circular– Requirement for Obtaining Prior Approval ofRBI in Cases of Acquisition / Transfer of Control of NBFCs As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instruction

RBI/2015-16/24 DNBR (PD) CC. No. 060/03.10.119/2015-16 July 01, 2015 To All Non-Banking Finance Companies, Dear Sir/Madam, Master Circular – Opening of Branch/Subsidiary/Joint Venture/ Representative office or Undertaking Investment Abroad by NBFCs As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions related to the captioned subject contained in var

RBI/2015-16/21 DNBR (PD) CC. No.042/03.10.119/2015-16 July 01, 2015 To All Non-Banking Financial Companies (except Residuary Non-Banking Companies and Miscellaneous Non-Banking Companies), Dear Sir/Madam, Master Circular – “Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notificatio

RBI/2015-16/19 DNBR (PD) CC. No. 050/03.10.119/2015-16 July 01, 2015 To All Miscellaneous Non-Banking Companies, Dear Sir/Madam, Master Circular – “Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 1977” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars/notifications. The instructions related to the captioned subject contained in various circulars issued by RBI updat

RBI/2015-16/18 DNBR (PD) CC.No.046/03.10.119/2015-16 July 01, 2015 To All NBFCs, Dear Sir/Madam, Master Circular – "Infrastructure Debt Fund-Non-Banking Financial Companies (Reserve Bank) Directions, 2011" As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions related to the captioned subject contained in various circulars issued by RBI updated as on