Press Releases - Regulating Commercial Banking - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਅਪ੍ਰੈ 11, 2019
Scheduled Banks’ Statement of Position in India as on Friday, March 29, 2019
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 30-Mar-18 15-MAR-2019 * 29-MAR-2019 * 30-Mar-18 15-MAR-2019 * 29-MAR-2019 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1615.58 1631.32 1756 1667.46 1676.05 1804.24 ** b) Borrowings from banks 601.23 866.28 791.18 611.74 867.99 791.46 c) Other demand & time liabilities 65.17 92.45 151.33 65.7 93.54 152.06 II LIABILITIES TO OTHERS (A) a
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 30-Mar-18 15-MAR-2019 * 29-MAR-2019 * 30-Mar-18 15-MAR-2019 * 29-MAR-2019 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1615.58 1631.32 1756 1667.46 1676.05 1804.24 ** b) Borrowings from banks 601.23 866.28 791.18 611.74 867.99 791.46 c) Other demand & time liabilities 65.17 92.45 151.33 65.7 93.54 152.06 II LIABILITIES TO OTHERS (A) a
ਪੀਡੀਐਫ (
ਅਪ੍ਰੈ 06, 2019
Announcement of Merger of Lakshmi Vilas Bank and Indiabulls Housing Finance Limited
Reserve Bank of India (RBI) has learnt through media reports that Lakshmi Vilas Bank (LVB) and Indiabulls Housing Finance Limited (IBHFL) have made a merger announcement on April 5, 2019 with approval of their respective Boards. It has been reported in a section of the media that the presence of two nominee directors of the RBI on the Board of LVB implies RBI’s indirect approval of the proposal. It is clarified that the merger announcement does not have any approval o
Reserve Bank of India (RBI) has learnt through media reports that Lakshmi Vilas Bank (LVB) and Indiabulls Housing Finance Limited (IBHFL) have made a merger announcement on April 5, 2019 with approval of their respective Boards. It has been reported in a section of the media that the presence of two nominee directors of the RBI on the Board of LVB implies RBI’s indirect approval of the proposal. It is clarified that the merger announcement does not have any approval o
ਅਪ੍ਰੈ 04, 2019
Marginal Cost of Funds Based Lending Rate (MCLR) for the month March 2019
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of March 2019. Ajit Prasad Assistant Adviser Press Release : 2018-2019/2368
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of March 2019. Ajit Prasad Assistant Adviser Press Release : 2018-2019/2368
ਮਾਰਚ 30, 2019
Branches of Vijaya Bank and Dena Bank to operate as branches of Bank of Baroda from April 1, 2019
The Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019 dated January 2, 2019, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and section 9 of the Banking Companies (Acquisition an
The Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019 dated January 2, 2019, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and section 9 of the Banking Companies (Acquisition an
ਮਾਰਚ 28, 2019
Marginal Cost of Funds Based Lending Rate (MCLR) for the month February 2019
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of February 2019. Ajit Prasad Assistant Adviser Press Release: 2018-2019/2307
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of February 2019. Ajit Prasad Assistant Adviser Press Release: 2018-2019/2307
ਮਾਰਚ 28, 2019
Annual Closing of Government Accounts - Transactions of Central / State Governments - Special Measures for the Current Financial Year (2018-19)
With a view to providing greater convenience to tax payers, as in previous years, it has been decided that RBI Offices and all designated branches of agency banks conducting government banking business will keep their counters open up to 8.00 p.m. on March 30, 2019 and upto 6.00 p.m. on March 31, 2019; electronic transactions can be done till the stipulated time on both the days. In order to facilitate Government receipts and payments, necessary arrangements have also
With a view to providing greater convenience to tax payers, as in previous years, it has been decided that RBI Offices and all designated branches of agency banks conducting government banking business will keep their counters open up to 8.00 p.m. on March 30, 2019 and upto 6.00 p.m. on March 31, 2019; electronic transactions can be done till the stipulated time on both the days. In order to facilitate Government receipts and payments, necessary arrangements have also
ਮਾਰਚ 27, 2019
Reserve Bank of India imposes monetary penalty on Punjab National Bank
Reference is invited to the Press Release No. 2018-2019/2144 dated March 08, 2019 regarding imposition of penalty on 36 banks for non-compliance with various directions issued by the Reserve Bank of India (RBI) on time-bound implementation and strengthening of SWIFT-related operational controls. In continuation thereto, RBI has imposed, by an order dated February 25, 2019, a monetary penalty of ₹ 20 million (Rupees Twenty Million) on Punjab National Bank (the bank) fo
Reference is invited to the Press Release No. 2018-2019/2144 dated March 08, 2019 regarding imposition of penalty on 36 banks for non-compliance with various directions issued by the Reserve Bank of India (RBI) on time-bound implementation and strengthening of SWIFT-related operational controls. In continuation thereto, RBI has imposed, by an order dated February 25, 2019, a monetary penalty of ₹ 20 million (Rupees Twenty Million) on Punjab National Bank (the bank) fo
ਮਾਰਚ 27, 2019
Scheduled Banks’ Statement of Position in India as on Friday, March 15, 2019
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 16-Mar-18 01-MAR-2019 * 15-MAR-2019 * 16-Mar-18 01-MAR-2019 * 15-MAR-2019 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1415.78 1620.46 1631.42 1464.87 1664.62 1676.15 ** b) Borrowings from banks 708.03 811.01 866.28 715.34 811.18 867.99 c) Other demand & time liabilities 126.15 100.71 92.46 127.64 101.57 93.55 II LIABILITIES TO OTHERS (A) a) D
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 16-Mar-18 01-MAR-2019 * 15-MAR-2019 * 16-Mar-18 01-MAR-2019 * 15-MAR-2019 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1415.78 1620.46 1631.42 1464.87 1664.62 1676.15 ** b) Borrowings from banks 708.03 811.01 866.28 715.34 811.18 867.99 c) Other demand & time liabilities 126.15 100.71 92.46 127.64 101.57 93.55 II LIABILITIES TO OTHERS (A) a) D
ਮਾਰਚ 16, 2019
Reserve Bank of India Clarifies
There have been some media reports about the stance of the Reserve Bank of India with regard to the Revised Framework on Resolution of Stressed Assets issued on February 12, 2018. As the matter is sub judice and the Hon’ble Supreme Court has reserved its orders on the matter, the Reserve Bank will not comment on the specific details. However, it is reiterated that the Reserve Bank maintains its stand on all aspects of the Framework as has been consistently articulated
There have been some media reports about the stance of the Reserve Bank of India with regard to the Revised Framework on Resolution of Stressed Assets issued on February 12, 2018. As the matter is sub judice and the Hon’ble Supreme Court has reserved its orders on the matter, the Reserve Bank will not comment on the specific details. However, it is reiterated that the Reserve Bank maintains its stand on all aspects of the Framework as has been consistently articulated
ਮਾਰਚ 14, 2019
RBI releases 2018 list of Domestic Systemically Important Banks (D-SIBs)
SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as last year. The additional Common Equity Tier 1 (CET1) requirement for D-SIBs has already been phased-in from April 1, 2016 and will become fully effective from April 1, 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. The updated list of D-SIBs is as follows- Bucket Banks Addition
SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as last year. The additional Common Equity Tier 1 (CET1) requirement for D-SIBs has already been phased-in from April 1, 2016 and will become fully effective from April 1, 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. The updated list of D-SIBs is as follows- Bucket Banks Addition
ਮਾਰਚ 14, 2019
Re-categorization of IDBI Bank Ltd. as a Private Sector Bank
IDBI Bank Limited has been categorized as a ‘Private Sector Bank’ for regulatory purposes by Reserve Bank of India with effect from January 21, 2019 consequent upon Life Insurance Corporation of India acquiring 51% of the total paid-up equity share capital of the bank. Jose J. Kattoor Chief General Manager Press Release: 2018-2019/2194
IDBI Bank Limited has been categorized as a ‘Private Sector Bank’ for regulatory purposes by Reserve Bank of India with effect from January 21, 2019 consequent upon Life Insurance Corporation of India acquiring 51% of the total paid-up equity share capital of the bank. Jose J. Kattoor Chief General Manager Press Release: 2018-2019/2194
ਮਾਰਚ 14, 2019
Scheduled Banks’ Statement of Position in India as on Friday, March 01, 2019
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS(Including RRBs) ALL SCHEDULED BANKS 2-Mar-18 15-FEB-2019* 01-MAR-2019* 2-Mar-18 15-FEB-2019* 01-MAR-2019* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1430.13 1606.16 1620.29 1478.76 1650.38 1664.45** b) Borrowings from banks 706.59 818.7 811.01 716.88 819.31 811.18 c) Other demand & time liabilities 98.23 82.69 100.25 99.69 83.56 101.11 II LIABILITIES TO OTHERS (A) a) Deposits (ot
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS(Including RRBs) ALL SCHEDULED BANKS 2-Mar-18 15-FEB-2019* 01-MAR-2019* 2-Mar-18 15-FEB-2019* 01-MAR-2019* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1430.13 1606.16 1620.29 1478.76 1650.38 1664.45** b) Borrowings from banks 706.59 818.7 811.01 716.88 819.31 811.18 c) Other demand & time liabilities 98.23 82.69 100.25 99.69 83.56 101.11 II LIABILITIES TO OTHERS (A) a) Deposits (ot
ਮਾਰਚ 08, 2019
Reserve Bank of India imposes monetary penalty on 36 banks
The Reserve Bank of India (RBI) has imposed, by orders dated January 31, 2019 and February 25, 2019, monetary penalty for non-compliance with various directions issued by RBI on time-bound implementation and strengthening of SWIFT-related operational controls on 36 banks as detailed below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. Bank of Baroda 40 2. Catholic Syrian Bank Limited 40 3. Citibank N.A. 40 4. Indian Bank 40 5. Karnataka Bank Limited 40
The Reserve Bank of India (RBI) has imposed, by orders dated January 31, 2019 and February 25, 2019, monetary penalty for non-compliance with various directions issued by RBI on time-bound implementation and strengthening of SWIFT-related operational controls on 36 banks as detailed below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. Bank of Baroda 40 2. Catholic Syrian Bank Limited 40 3. Citibank N.A. 40 4. Indian Bank 40 5. Karnataka Bank Limited 40
ਫ਼ਰ 28, 2019
RBI approves Amalgamation of DBS Bank Ltd., India with DBS Bank India Limited
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of the entire undertaking of DBS Bank Ltd., India with DBS Bank India Limited which has been granted licence by the Reserve Bank to carry on the business of banking in India through Wholly Owned Subsidiary (WOS) Mode under section 22(1) of the Banking Regulation Act, 1949. The Scheme has been sanctioned in exercise of the powers contained in sub-section (4) of Section 44A of the Banking Regulation Act
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of the entire undertaking of DBS Bank Ltd., India with DBS Bank India Limited which has been granted licence by the Reserve Bank to carry on the business of banking in India through Wholly Owned Subsidiary (WOS) Mode under section 22(1) of the Banking Regulation Act, 1949. The Scheme has been sanctioned in exercise of the powers contained in sub-section (4) of Section 44A of the Banking Regulation Act
ਫ਼ਰ 28, 2019
Scheduled Banks’ Statement of Position in India as on Friday, February 15, 2019
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 16-FEB-2018 01-FEB-2019* 15-FEB-2019* 16-FEB-2018 01-FEB-2019* 15-FEB-2019* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1436.29 1597.52 1581.85 1484.75 1641.17 1626.07** b) Borrowings from banks 716.75 761.47 819.11 720.33 761.95 819.72 c) Other demand & time liabilities 74.05 105.01 87.81 75.53 105.76 88.68 II LIABILITIES TO OTHERS (A) a) Depo
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 16-FEB-2018 01-FEB-2019* 15-FEB-2019* 16-FEB-2018 01-FEB-2019* 15-FEB-2019* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1436.29 1597.52 1581.85 1484.75 1641.17 1626.07** b) Borrowings from banks 716.75 761.47 819.11 720.33 761.95 819.72 c) Other demand & time liabilities 74.05 105.01 87.81 75.53 105.76 88.68 II LIABILITIES TO OTHERS (A) a) Depo
ਫ਼ਰ 26, 2019
Prompt Corrective Action (PCA) Framework
The Board for Financial Supervision (BFS), in its meeting held on February 26, 2019 reviewed the performance of banks under PCA and noted that the Government of India has infused fresh capital on February 21, 2019 into various banks including some of the banks currently under the PCA framework. Of these banks, the BFS noted that Allahabad Bank and Corporation Bank had received ₹ 6896 crore and ₹ 9086 crore respectively. This has shored up their capital funds and also
The Board for Financial Supervision (BFS), in its meeting held on February 26, 2019 reviewed the performance of banks under PCA and noted that the Government of India has infused fresh capital on February 21, 2019 into various banks including some of the banks currently under the PCA framework. Of these banks, the BFS noted that Allahabad Bank and Corporation Bank had received ₹ 6896 crore and ₹ 9086 crore respectively. This has shored up their capital funds and also
ਫ਼ਰ 21, 2019
Marginal Cost of Funds Based Lending Rate (MCLR) for the month January 2019
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of January 2019. Ajit Prasad Assistant Adviser Press Release: 2018-2019/1996
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of January 2019. Ajit Prasad Assistant Adviser Press Release: 2018-2019/1996
ਫ਼ਰ 14, 2019
Reserve Bank of India imposes monetary penalty on three banks
The Reserve Bank of India (RBI) has imposed, by orders dated January 31, 2019, monetary penalty for non-compliance with various directions issued by RBI on monitoring of end use of funds, exchange of information with other banks, and on restructuring of accounts, on three banks as detailed below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. Bank of India 10 2. Oriental Bank of Commerce 15 3. Punjab National Bank 10 These penalties have been imposed in
The Reserve Bank of India (RBI) has imposed, by orders dated January 31, 2019, monetary penalty for non-compliance with various directions issued by RBI on monitoring of end use of funds, exchange of information with other banks, and on restructuring of accounts, on three banks as detailed below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. Bank of India 10 2. Oriental Bank of Commerce 15 3. Punjab National Bank 10 These penalties have been imposed in
ਫ਼ਰ 13, 2019
Reserve Bank of India imposes monetary penalty on four banks
The Reserve Bank of India (RBI) has imposed, by orders dated January 31, 2019, monetary penalty for non-compliance with various directions issued by RBI on monitoring of end use of funds, exchange of information with other banks, classification and reporting of frauds, and on restructuring of accounts, on four banks as detailed below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. Bank of Baroda 10 2. Corporation Bank 20 3. State Bank of India 10 4. Unio
The Reserve Bank of India (RBI) has imposed, by orders dated January 31, 2019, monetary penalty for non-compliance with various directions issued by RBI on monitoring of end use of funds, exchange of information with other banks, classification and reporting of frauds, and on restructuring of accounts, on four banks as detailed below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. Bank of Baroda 10 2. Corporation Bank 20 3. State Bank of India 10 4. Unio
ਫ਼ਰ 13, 2019
Scheduled Banks’ Statement of Position in India as on Friday, February 01, 2019
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 02-FEB-2018 18-JAN-2019* 01-FEB-2019* 02-FEB-2018 18-JAN-2019* 01-FEB-2019* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1446.5 1588.68 1597.55 1495.08 1631.29 1641.20** b) Borrowings from banks 701.16 831.83 761.47 712.41 834.96 761.95 c) Other demand & time liabilities 57.35 148.14 104.98 58.83 149.01 105.73 II LIABILITIES TO OTHERS (A) a) Dep
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 02-FEB-2018 18-JAN-2019* 01-FEB-2019* 02-FEB-2018 18-JAN-2019* 01-FEB-2019* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1446.5 1588.68 1597.55 1495.08 1631.29 1641.20** b) Borrowings from banks 701.16 831.83 761.47 712.41 834.96 761.95 c) Other demand & time liabilities 57.35 148.14 104.98 58.83 149.01 105.73 II LIABILITIES TO OTHERS (A) a) Dep
ਫ਼ਰ 12, 2019
Reserve Bank of India imposes monetary penalty on four banks
The Reserve Bank of India (RBI) has imposed, by orders dated January 31, 2019, monetary penalty for non-compliance with various directions issued by RBI on monitoring of end use of funds, exchange of information with other banks, classification and reporting of frauds, and on restructuring of accounts, on four banks as detailed below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. Allahabad Bank 15 2. Andhra Bank 10 3. Bank of Maharashtra 15 4. Indian Ov
The Reserve Bank of India (RBI) has imposed, by orders dated January 31, 2019, monetary penalty for non-compliance with various directions issued by RBI on monitoring of end use of funds, exchange of information with other banks, classification and reporting of frauds, and on restructuring of accounts, on four banks as detailed below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. Allahabad Bank 15 2. Andhra Bank 10 3. Bank of Maharashtra 15 4. Indian Ov
ਫ਼ਰ 12, 2019
Reserve Bank of India imposes monetary penalty on three banks
The Reserve Bank of India (RBI) has imposed, by orders dated February 04, 2019, monetary penalty for non-compliance with various directions issued by RBI on Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards, more specifically those contained in circulars dated November 29, 2004 and May 22, 2008, on three banks as indicated below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. HDFC Bank Limited 02 2. IDBI Bank Limited 02 3. Kotak Mahi
The Reserve Bank of India (RBI) has imposed, by orders dated February 04, 2019, monetary penalty for non-compliance with various directions issued by RBI on Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards, more specifically those contained in circulars dated November 29, 2004 and May 22, 2008, on three banks as indicated below: Sr. No. Name of the bank Amount of penalty (in ₹ Million) 1. HDFC Bank Limited 02 2. IDBI Bank Limited 02 3. Kotak Mahi
ਫ਼ਰ 05, 2019
Reserve Bank of India imposes monetary penalty on Axis Bank Limited
The Reserve Bank of India (RBI) has imposed, by an order dated January 29, 2019, a monetary penalty of ₹ 20 million (Rupees Twenty Million) on Axis Bank Limited (the bank) for non-compliance with Circular on ‘Collection of Account Payee Cheques – Prohibition on Crediting Proceeds to Third Party Account’ dated January 22, 2014 and Master Directions on ‘Frauds – Classification and Reporting by commercial banks and select FIs’ dated July 01, 2016 issued by RBI. This pena
The Reserve Bank of India (RBI) has imposed, by an order dated January 29, 2019, a monetary penalty of ₹ 20 million (Rupees Twenty Million) on Axis Bank Limited (the bank) for non-compliance with Circular on ‘Collection of Account Payee Cheques – Prohibition on Crediting Proceeds to Third Party Account’ dated January 22, 2014 and Master Directions on ‘Frauds – Classification and Reporting by commercial banks and select FIs’ dated July 01, 2016 issued by RBI. This pena
ਫ਼ਰ 05, 2019
Reserve Bank of India imposes monetary penalty on UCO Bank
The Reserve Bank of India (RBI) has imposed, by an order dated January 29, 2019, a monetary penalty of ₹ 20 million (Rupees Twenty Million) on UCO Bank (the bank) for non-compliance with Circular on ‘Collection of Account Payee Cheques – Prohibition on Crediting Proceeds to Third Party Account’ dated January 22, 2014 and Master Directions on ‘Frauds – Classification and Reporting by commercial banks and select FIs’ dated July 01, 2016 issued by RBI. This penalty has b
The Reserve Bank of India (RBI) has imposed, by an order dated January 29, 2019, a monetary penalty of ₹ 20 million (Rupees Twenty Million) on UCO Bank (the bank) for non-compliance with Circular on ‘Collection of Account Payee Cheques – Prohibition on Crediting Proceeds to Third Party Account’ dated January 22, 2014 and Master Directions on ‘Frauds – Classification and Reporting by commercial banks and select FIs’ dated July 01, 2016 issued by RBI. This penalty has b
ਫ਼ਰ 05, 2019
Reserve Bank of India imposes monetary penalty on Axis Bank Limited
The Reserve Bank of India (RBI) has, on January 29, 2019, imposed a monetary penalty of ₹ 2 million (Two Million) on Axis Bank Limited (the bank) for contravention of the directions contained in Master Circular on Detection and Impounding of Counterfeit Notes dated July 20, 2017 and, the Circular on Sorting of Notes – Installation of Note Sorting Machines dated November 19, 2009. This penalty has been imposed in exercise of powers vested in RBI under the provisions of
The Reserve Bank of India (RBI) has, on January 29, 2019, imposed a monetary penalty of ₹ 2 million (Two Million) on Axis Bank Limited (the bank) for contravention of the directions contained in Master Circular on Detection and Impounding of Counterfeit Notes dated July 20, 2017 and, the Circular on Sorting of Notes – Installation of Note Sorting Machines dated November 19, 2009. This penalty has been imposed in exercise of powers vested in RBI under the provisions of
ਫ਼ਰ 05, 2019
Reserve Bank of India imposes monetary penalty on Syndicate Bank
The Reserve Bank of India (RBI) has imposed, by an order dated January 30, 2019, a monetary penalty of ₹ 10 million on Syndicate Bank (the bank) for non-compliance with the directions contained in Master Circular on Frauds - Classification and Reporting dated July 01, 2015 and Circular on Risk Management Systems in Banks dated October 07, 1999 issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) r
The Reserve Bank of India (RBI) has imposed, by an order dated January 30, 2019, a monetary penalty of ₹ 10 million on Syndicate Bank (the bank) for non-compliance with the directions contained in Master Circular on Frauds - Classification and Reporting dated July 01, 2015 and Circular on Risk Management Systems in Banks dated October 07, 1999 issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) r
ਫ਼ਰ 04, 2019
Kisan Credit Card (KCC) Scheme: Working Capital for Animal Husbandry and Fisheries
The Kisan Credit Card Scheme aims at providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for short term crop loans. In order to extend the operational flexibility to farmers engaged in Animal Husbandry and Fisheries the Government of India had announced their decision to extend the facilities of KCC to these farmers in the Budget 2018-19. The matter has been examined and in co
The Kisan Credit Card Scheme aims at providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for short term crop loans. In order to extend the operational flexibility to farmers engaged in Animal Husbandry and Fisheries the Government of India had announced their decision to extend the facilities of KCC to these farmers in the Budget 2018-19. The matter has been examined and in co
ਜਨ 31, 2019
Prompt Corrective Action Framework
On a review of the performance of Public Sector Banks (PSBs) currently under the Prompt Corrective Action Framework (PCAF), it was noted that a few banks are not in breach of the PCA parameters as per their published results for the quarter ending December 2018, except Return on Assets (RoA). However, though the RoA continues to be negative, the same is reflected in the capital adequacy indicator. These banks have provided a written commitment that they would comply w
On a review of the performance of Public Sector Banks (PSBs) currently under the Prompt Corrective Action Framework (PCAF), it was noted that a few banks are not in breach of the PCA parameters as per their published results for the quarter ending December 2018, except Return on Assets (RoA). However, though the RoA continues to be negative, the same is reflected in the capital adequacy indicator. These banks have provided a written commitment that they would comply w
ਜਨ 31, 2019
Scheduled Banks’ Statement of Position in India as on Friday, January 18, 2019
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 19-Jan-18 04-JAN-2019 * 18-JAN-2019 * 19-Jan-18 04-JAN-2019 * 18-JAN-2019 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1467.54 1586.49 1588.68 1516.69 1628.81 1631.29 ** b) Borrowings from banks 760.39 717.13 831.11 765.42 722.08 834.24 c) Other demand & time liabilities 138.78 163.66 148.08 140.19 165.24 148.95 II LIABILITIES TO OTHERS (A) a)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 19-Jan-18 04-JAN-2019 * 18-JAN-2019 * 19-Jan-18 04-JAN-2019 * 18-JAN-2019 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1467.54 1586.49 1588.68 1516.69 1628.81 1631.29 ** b) Borrowings from banks 760.39 717.13 831.11 765.42 722.08 834.24 c) Other demand & time liabilities 138.78 163.66 148.08 140.19 165.24 148.95 II LIABILITIES TO OTHERS (A) a)
ਜਨ 25, 2019
Marginal Cost of Funds Based Lending Rate (MCLR) for the month December 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of December 2018. Shailaja Singh Deputy General Manager Press Release: 2018-2019/1747
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of December 2018. Shailaja Singh Deputy General Manager Press Release: 2018-2019/1747
ਜਨ 16, 2019
Reserve Bank of India imposes monetary penalty on Bank of Maharashtra
The Reserve Bank of India (RBI) has imposed, by an order dated January 04, 2019, a monetary penalty of ₹10 million on Bank of Maharashtra (the bank) for non-compliance with Master Directions on Frauds-Classification and Reporting dated July 01, 2016 and Master Direction on Know Your Customer dated February 25, 2016 (updated as on July 08, 2016) issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c)
The Reserve Bank of India (RBI) has imposed, by an order dated January 04, 2019, a monetary penalty of ₹10 million on Bank of Maharashtra (the bank) for non-compliance with Master Directions on Frauds-Classification and Reporting dated July 01, 2016 and Master Direction on Know Your Customer dated February 25, 2016 (updated as on July 08, 2016) issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c)
ਜਨ 16, 2019
Scheduled Banks’ Statement of Position in India as on Friday, January 04, 2019
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 05-JAN-2018 21-DEC-2018 * 04-JAN-2019 * 05-JAN-2018 21-DEC-2018 * 04-JAN-2019 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1441.12 1517.85 1586.25 1490.83 1560.64 1628.57 ** b) Borrowings from banks 654.01 938.56 717.13 656.27 939.86 722.08 c) Other demand & time liabilities 65.36 95.75 163.62 67.07 96.89 165.2 II LIABILITIES TO OTHER
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 05-JAN-2018 21-DEC-2018 * 04-JAN-2019 * 05-JAN-2018 21-DEC-2018 * 04-JAN-2019 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1441.12 1517.85 1586.25 1490.83 1560.64 1628.57 ** b) Borrowings from banks 654.01 938.56 717.13 656.27 939.86 722.08 c) Other demand & time liabilities 65.36 95.75 163.62 67.07 96.89 165.2 II LIABILITIES TO OTHER
ਜਨ 11, 2019
RBI imposes monetary penalty on Citibank NA India
The Reserve Bank of India (RBI) has, by an order dated January 4, 2019 imposed a monetary penalty of ₹ 30 million on Citibank NA India (the bank) for deficiencies in compliance with the RBI instructions on ‘Fit and Proper’ criteria for directors of banks. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account the failure of the bank
The Reserve Bank of India (RBI) has, by an order dated January 4, 2019 imposed a monetary penalty of ₹ 30 million on Citibank NA India (the bank) for deficiencies in compliance with the RBI instructions on ‘Fit and Proper’ criteria for directors of banks. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account the failure of the bank
ਜਨ 03, 2019
Basic Statistical Returns of Scheduled Commercial Banks in India - Volume 47, March 2018
Today, the Reserve Bank released the web publication ‘Basic Statistical Returns of Scheduled Commercial Banks (SCBs) in India – Volume 47’ on its Database on Indian Economy (DBIE) portal (web-link: https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!9). It provides information on various characteristics of bank deposits and credit, based on branch level data collected through the Basic Statistical Returns (BSR) 1 & 2 annually1. BSR-1 collects information on t
Today, the Reserve Bank released the web publication ‘Basic Statistical Returns of Scheduled Commercial Banks (SCBs) in India – Volume 47’ on its Database on Indian Economy (DBIE) portal (web-link: https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!9). It provides information on various characteristics of bank deposits and credit, based on branch level data collected through the Basic Statistical Returns (BSR) 1 & 2 annually1. BSR-1 collects information on t
ਜਨ 03, 2019
Financial Action Task Force (FATF) Public Statement dated October 19, 2018
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdiction of Democratic People's Republic of Korea (DPRK). Jurisdiction of Iran is subject to a FATF call on its members to apply enhanced due diligence measures proportionate to the risks arising fro
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdiction of Democratic People's Republic of Korea (DPRK). Jurisdiction of Iran is subject to a FATF call on its members to apply enhanced due diligence measures proportionate to the risks arising fro
ਜਨ 02, 2019
RBI constitutes Expert Committee on Micro, Small & Medium Enterprises (MSMEs)
Considering the importance of the MSMEs in the Indian economy, it is essential to understand the structural bottlenecks and factors affecting the performance of the MSMEs. It has, therefore, been considered necessary that a comprehensive review is undertaken to identify causes and propose long term solutions, for the economic and financial sustainability of the MSME sector. Towards this end, it was announced in the Fifth Bi-Monthly Monetary Policy Statement for 2018-1
Considering the importance of the MSMEs in the Indian economy, it is essential to understand the structural bottlenecks and factors affecting the performance of the MSMEs. It has, therefore, been considered necessary that a comprehensive review is undertaken to identify causes and propose long term solutions, for the economic and financial sustainability of the MSME sector. Towards this end, it was announced in the Fifth Bi-Monthly Monetary Policy Statement for 2018-1
ਜਨ 02, 2019
Scheduled Banks’ Statement of Position in India as on Friday, December 21, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 22-DEC-2017 07-DEC-2018 * 21-DEC-2018 * 22-DEC-2017 07-DEC-2018 * 21-DEC-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1427.23 1482.88 1498.13 1476.2 1526.3 1540.92 ** b) Borrowings from banks 711.17 740.66 937.96 711.31 743.14 939.26 c) Other demand & time liabilities 112.93 131.78 94.23 114.43 132.91 95.37 II LIABILITIES TO OTHERS (A) a)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 22-DEC-2017 07-DEC-2018 * 21-DEC-2018 * 22-DEC-2017 07-DEC-2018 * 21-DEC-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1427.23 1482.88 1498.13 1476.2 1526.3 1540.92 ** b) Borrowings from banks 711.17 740.66 937.96 711.31 743.14 939.26 c) Other demand & time liabilities 112.93 131.78 94.23 114.43 132.91 95.37 II LIABILITIES TO OTHERS (A) a)
ਜਨ 01, 2019
RBI releases guidelines on restructuring of advances to MSMEs
Micro, Small and Medium Enterprises (MSMEs) form an important component of the Indian economy and contribute significantly to the country’s GDP, exports, industrial output, employment generation, etc. Considering the importance of MSMEs in the Indian economy, it is considered necessary at this juncture to take certain measures for creating an enabling environment for the sector. The issue of restructuring of MSME accounts was discussed in the meeting of the Central Bo
Micro, Small and Medium Enterprises (MSMEs) form an important component of the Indian economy and contribute significantly to the country’s GDP, exports, industrial output, employment generation, etc. Considering the importance of MSMEs in the Indian economy, it is considered necessary at this juncture to take certain measures for creating an enabling environment for the sector. The issue of restructuring of MSME accounts was discussed in the meeting of the Central Bo
ਦਸੰ 20, 2018
Scheduled Banks’ Statement of Position in India as on Friday, December 07, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 8-Dec-17 23-NOV-2018 * 07-DEC-2018 * 8-Dec-17 23-NOV-2018 * 07-DEC-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1389.33 1475.63 1482.61 1439.35 1518.81 1526.03 ** b) Borrowings from banks 620.95 678.63 740.57 621.18 680.68 743.05 c) Other demand & time liabilities 105.99 97.7 132.16 107.45 99.05 133.29 II LIABILITIES TO OTHERS (A) a) Depo
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 8-Dec-17 23-NOV-2018 * 07-DEC-2018 * 8-Dec-17 23-NOV-2018 * 07-DEC-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1389.33 1475.63 1482.61 1439.35 1518.81 1526.03 ** b) Borrowings from banks 620.95 678.63 740.57 621.18 680.68 743.05 c) Other demand & time liabilities 105.99 97.7 132.16 107.45 99.05 133.29 II LIABILITIES TO OTHERS (A) a) Depo
ਦਸੰ 13, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month November 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of November 2018. Ajit Prasad Assistant Adviser Press Release: 2018-2019/1369
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of November 2018. Ajit Prasad Assistant Adviser Press Release: 2018-2019/1369
ਦਸੰ 06, 2018
Scheduled Banks’ Statement of Position in India as on Friday, November 23, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 24-Nov-17 09-NOV-2018 * 23-NOV-2018 * 24-Nov-17 09-NOV-2018 * 23-NOV-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1379.86 1478.26 1475.37 1429.53 1521.8 1518.55 ** b) Borrowings from banks 619.22 722.94 678.63 619.42 723.77 680.68 c) Other demand & time liabilities 153 120.94 96.39 154.37 122.38 97.74 II LIABILITIES TO OTHERS (A) a) Depos
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 24-Nov-17 09-NOV-2018 * 23-NOV-2018 * 24-Nov-17 09-NOV-2018 * 23-NOV-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1379.86 1478.26 1475.37 1429.53 1521.8 1518.55 ** b) Borrowings from banks 619.22 722.94 678.63 619.42 723.77 680.68 c) Other demand & time liabilities 153 120.94 96.39 154.37 122.38 97.74 II LIABILITIES TO OTHERS (A) a) Depos
ਦਸੰ 01, 2018
RBI approves Amalgamation of SBM Bank (Mauritius) Limited, India with SBM Bank (India) Limited
The Reserve Bank of India has sanctioned the Scheme of amalgamation of the entire undertaking of SBM Bank (Mauritius) Limited, India with SBM Bank (India) Limited which has been granted licence by the Reserve Bank to carry on the business of banking in India through Wholly Owned Subsidiary (WOS) Mode under section 22(1) of the Banking Regulation Act, 1949. The Scheme has been sanctioned in exercise of the powers contained in sub-section (4) of Section 44A of the Banki
The Reserve Bank of India has sanctioned the Scheme of amalgamation of the entire undertaking of SBM Bank (Mauritius) Limited, India with SBM Bank (India) Limited which has been granted licence by the Reserve Bank to carry on the business of banking in India through Wholly Owned Subsidiary (WOS) Mode under section 22(1) of the Banking Regulation Act, 1949. The Scheme has been sanctioned in exercise of the powers contained in sub-section (4) of Section 44A of the Banki
ਨਵੰ 22, 2018
Scheduled Banks’ Statement of Position in India as on Friday, November 09, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 10-NOV-2017 26-OCT-2018 * 09-NOV-2018 * 10-NOV-2017 26-OCT-2018 * 09-NOV-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1393.86 1441.2 1479.04 1444.19 1485.59 1522.58 ** b) Borrowings from banks 618.38 782.94 722.94 619.24 790.03 723.77 c) Other demand & time liabilities 138.3 143.7 120.69 139.76 145.14 122.13 II LIABILITIES TO OTHERS (A) a
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 10-NOV-2017 26-OCT-2018 * 09-NOV-2018 * 10-NOV-2017 26-OCT-2018 * 09-NOV-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1393.86 1441.2 1479.04 1444.19 1485.59 1522.58 ** b) Borrowings from banks 618.38 782.94 722.94 619.24 790.03 723.77 c) Other demand & time liabilities 138.3 143.7 120.69 139.76 145.14 122.13 II LIABILITIES TO OTHERS (A) a
ਨਵੰ 20, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month October 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of October 2018. Ajit Prasad Assistant Adviser Press Release : 2018-2019/1179
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of October 2018. Ajit Prasad Assistant Adviser Press Release : 2018-2019/1179
ਨਵੰ 14, 2018
RBI imposes monetary penalty on on Deutsche Bank A.G
The Reserve Bank of India (RBI) has imposed, by an order dated November 05, 2018, a monetary penalty of ₹ 30.10 million on Deutsche Bank A.G. (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer / Anti-money Laundering (KYC/AML) norms, and on disclosure of monetary penalties imposed by the regulator. This penalty has been imposed in exercise of powers vested in RBI under the pro
The Reserve Bank of India (RBI) has imposed, by an order dated November 05, 2018, a monetary penalty of ₹ 30.10 million on Deutsche Bank A.G. (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer / Anti-money Laundering (KYC/AML) norms, and on disclosure of monetary penalties imposed by the regulator. This penalty has been imposed in exercise of powers vested in RBI under the pro
ਨਵੰ 14, 2018
RBI imposes monetary penalty on The Jammu and Kashmir Bank Ltd
The Reserve Bank of India (RBI) has imposed, by an order dated November 05, 2018, a monetary penalty of ₹ 30 million on The Jammu and Kashmir Bank Ltd. (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms and Know Your Customer / Anti-money Laundering (KYC/AML) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(
The Reserve Bank of India (RBI) has imposed, by an order dated November 05, 2018, a monetary penalty of ₹ 30 million on The Jammu and Kashmir Bank Ltd. (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms and Know Your Customer / Anti-money Laundering (KYC/AML) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(
ਨਵੰ 09, 2018
Scheduled Banks’ Statement of Position in India as on Friday, October 26, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 27-Oct-17 12-OCT-2018 * 26-OCT-2018 * 27-Oct-17 12-OCT-2018 * 26-OCT-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1431.8 1436.75 1457.31 1482.1 1484.21 1501.70 ** b) Borrowings from banks 580.22 794.27 767.21 580.52 796.13 774.3 c) Other demand & time liabilities 116.37 123.11 143.87 117.38 124.43 145.31 II LIABILITIES TO OTHERS (A) a) De
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 27-Oct-17 12-OCT-2018 * 26-OCT-2018 * 27-Oct-17 12-OCT-2018 * 26-OCT-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1431.8 1436.75 1457.31 1482.1 1484.21 1501.70 ** b) Borrowings from banks 580.22 794.27 767.21 580.52 796.13 774.3 c) Other demand & time liabilities 116.37 123.11 143.87 117.38 124.43 145.31 II LIABILITIES TO OTHERS (A) a) De
ਨਵੰ 05, 2018
Reserve Bank of India imposes monetary penalty on FINO Payments Bank Limited
The Reserve Bank of India (RBI) has, on October 31, 2018, imposed a monetary penalty of ₹ 10 million on FINO Payments Bank Limited (the bank) for contravention of the direction to stop opening of new accounts until further instructions on account of violation of certain licensing conditions and operating guidelines for payments bank. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46 (4) (
The Reserve Bank of India (RBI) has, on October 31, 2018, imposed a monetary penalty of ₹ 10 million on FINO Payments Bank Limited (the bank) for contravention of the direction to stop opening of new accounts until further instructions on account of violation of certain licensing conditions and operating guidelines for payments bank. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46 (4) (
ਅਕਤੂ 29, 2018
NSDL Payments Bank Limited commences operations
NSDL Payments Bank Limited has commenced operations as a payments bank with effect from October 29, 2018. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. National Securities Depository Limited, Mumbai was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Ajit
NSDL Payments Bank Limited has commenced operations as a payments bank with effect from October 29, 2018. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. National Securities Depository Limited, Mumbai was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Ajit
ਅਕਤੂ 24, 2018
Scheduled Banks’ Statement of Position in India as on Friday, October 12, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 13-Oct-17 28-SEP-2018 * 12-OCT-2018 * 13-Oct-17 28-SEP-2018 * 12-OCT-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1425.33 1486.46 1437.61 1476.84 1532.08 1485.07 ** b) Borrowings from banks 635.39 761.39 788.37 635.75 772.62 790.23 c) Other demand & time liabilities 100.45 113.28 123.96 101.68 114.5 125.28 II LIABILITIES TO OTHERS (A) a)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 13-Oct-17 28-SEP-2018 * 12-OCT-2018 * 13-Oct-17 28-SEP-2018 * 12-OCT-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1425.33 1486.46 1437.61 1476.84 1532.08 1485.07 ** b) Borrowings from banks 635.39 761.39 788.37 635.75 772.62 790.23 c) Other demand & time liabilities 100.45 113.28 123.96 101.68 114.5 125.28 II LIABILITIES TO OTHERS (A) a)
ਅਕਤੂ 10, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month September 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of September 2018. Ajit Prasad Assistant Adviser Press Release : 2018-2019/840
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of September 2018. Ajit Prasad Assistant Adviser Press Release : 2018-2019/840
ਅਕਤੂ 10, 2018
Scheduled Banks’ Statement of Position in India as on Friday, September 28, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 29-Sep-17 14-SEP-2018 * 28-SEP-2018 * 29-Sep-17 14-SEP-2018 * 28-SEP-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1525.37 1467.27 1483.15 1577.15 1512.97 1528.77 ** b) Borrowings from banks 544.54 843.34 761.39 545.03 852.65 772.62 c) Other demand & time liabilities 91.22 104.77 113.4 92.63 106.36 114.62 II LIABILITIES TO OTHERS (A) a) De
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 29-Sep-17 14-SEP-2018 * 28-SEP-2018 * 29-Sep-17 14-SEP-2018 * 28-SEP-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1525.37 1467.27 1483.15 1577.15 1512.97 1528.77 ** b) Borrowings from banks 544.54 843.34 761.39 545.03 852.65 772.62 c) Other demand & time liabilities 91.22 104.77 113.4 92.63 106.36 114.62 II LIABILITIES TO OTHERS (A) a) De
ਅਕਤੂ 03, 2018
Reserve Bank of India imposes monetary penalty on Federal Bank Limited
The Reserve Bank of India (RBI) has imposed, by an order dated September 25, 2018, a monetary penalty of ₹ 50 million on Federal Bank Limited (the bank) for violation of Section 19(2) of Banking Regulation Act, 1949 (the Act) and for non-compliance with the directions issued by RBI on (a) reporting of data on Central Repository of Information on Large Credits (CRILC), (b) reporting to RBI for assessment under RBS, (c) payment of compensation for delay in resolution of
The Reserve Bank of India (RBI) has imposed, by an order dated September 25, 2018, a monetary penalty of ₹ 50 million on Federal Bank Limited (the bank) for violation of Section 19(2) of Banking Regulation Act, 1949 (the Act) and for non-compliance with the directions issued by RBI on (a) reporting of data on Central Repository of Information on Large Credits (CRILC), (b) reporting to RBI for assessment under RBS, (c) payment of compensation for delay in resolution of
ਸਤੰ 28, 2018
Reserve Bank of India imposes monetary penalty on Karur Vysya Bank Limited
The Reserve Bank of India (RBI) has imposed, by an order dated September 25, 2018, a monetary penalty of ₹ 50 million on Karur Vysya Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms, reporting of frauds, and on need for discipline at the time of opening of current accounts. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) r
The Reserve Bank of India (RBI) has imposed, by an order dated September 25, 2018, a monetary penalty of ₹ 50 million on Karur Vysya Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms, reporting of frauds, and on need for discipline at the time of opening of current accounts. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) r
ਸਤੰ 26, 2018
Scheduled Banks’ Statement of Position in India as on Friday, September 14, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 15-Sep-17 31-AUG-2018 * 14-SEP-2018 * 15-Sep-17 31-AUG-2018 * 14-SEP-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1496.17 1484.94 1464 1548.84 1529.45 1509.70 ** b) Borrowings from banks 642.59 708.73 844.34 642.75 717.89 853.65 c) Other demand & time liabilities 84 155.66 104.41 85.22 159.36 106 II LIABILITIES TO OTHERS (A) a) Deposits (
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 15-Sep-17 31-AUG-2018 * 14-SEP-2018 * 15-Sep-17 31-AUG-2018 * 14-SEP-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1496.17 1484.94 1464 1548.84 1529.45 1509.70 ** b) Borrowings from banks 642.59 708.73 844.34 642.75 717.89 853.65 c) Other demand & time liabilities 84 155.66 104.41 85.22 159.36 106 II LIABILITIES TO OTHERS (A) a) Deposits (
ਸਤੰ 25, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month August 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of August 2018. Ajit Prasad Assistant Adviser Press Release: 2018-2019/691
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of August 2018. Ajit Prasad Assistant Adviser Press Release: 2018-2019/691
ਸਤੰ 12, 2018
Scheduled Banks’ Statement of Position in India as on Friday, August 31, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 1-Sep-17 17-AUG-2018 * 31-AUG-2018 * 1-Sep-17 17-AUG-2018 * 31-AUG-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1476.05 1454.83 1481.07 1529.62 1499.54 1525.58 ** b) Borrowings from banks 619.93 749.95 698.73 620.07 760 707.89 c) Other demand & time liabilities 84.51 98.27 159.51 85.68 101.97 163.21 II LIABILITIES TO OTHERS (A) a) Deposit
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 1-Sep-17 17-AUG-2018 * 31-AUG-2018 * 1-Sep-17 17-AUG-2018 * 31-AUG-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1476.05 1454.83 1481.07 1529.62 1499.54 1525.58 ** b) Borrowings from banks 619.93 749.95 698.73 620.07 760 707.89 c) Other demand & time liabilities 84.51 98.27 159.51 85.68 101.97 163.21 II LIABILITIES TO OTHERS (A) a) Deposit
ਸਤੰ 07, 2018
Reserve Bank of India imposes monetary penalty on Union Bank of India
The Reserve Bank of India (RBI) has, on August 30, 2018, imposed a monetary penalty of ₹ 10 million on Union Bank of India (the bank) for contravention of instructions contained in Master Circular on Fraud – Classification and Reporting issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949 taking into account delay on the part of the
The Reserve Bank of India (RBI) has, on August 30, 2018, imposed a monetary penalty of ₹ 10 million on Union Bank of India (the bank) for contravention of instructions contained in Master Circular on Fraud – Classification and Reporting issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949 taking into account delay on the part of the
ਸਤੰ 07, 2018
Reserve Bank of India imposes monetary penalty on Bank of India
The Reserve Bank of India (RBI) has, on August 30, 2018, imposed a monetary penalty of ₹ 10 million on Bank of India (the bank) for contravention of the instructions contained in Master Circular on Fraud – Classification and Reporting issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949 taking into account delay on the part of the ba
The Reserve Bank of India (RBI) has, on August 30, 2018, imposed a monetary penalty of ₹ 10 million on Bank of India (the bank) for contravention of the instructions contained in Master Circular on Fraud – Classification and Reporting issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949 taking into account delay on the part of the ba
ਸਤੰ 07, 2018
Reserve Bank of India imposes monetary penalty on Bank of Maharashtra
The Reserve Bank of India (RBI) has, on August 30, 2018, imposed a monetary penalty of ₹ 10 million on Bank of Maharashtra (the bank) for contravention of the instructions contained in Master Circular on Fraud – Classification and Reporting issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949 taking into account delay on the part of
The Reserve Bank of India (RBI) has, on August 30, 2018, imposed a monetary penalty of ₹ 10 million on Bank of Maharashtra (the bank) for contravention of the instructions contained in Master Circular on Fraud – Classification and Reporting issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949 taking into account delay on the part of
ਸਤੰ 03, 2018
The Reserve Bank introduces Internal Ombudsman Scheme, 2018 for Scheduled Commercial Banks
Reserve Bank of India (RBI) had, in May 2015, advised all public-sector and select private and foreign banks to appoint Internal Ombudsman (IO) as an independent authority to review complaints that were partially or wholly rejected by the respective banks. The IO mechanism was set up with a view to strengthen the internal grievance redressal system of banks and to ensure that the complaints of the customers are redressed at the level of the bank itself by an authority
Reserve Bank of India (RBI) had, in May 2015, advised all public-sector and select private and foreign banks to appoint Internal Ombudsman (IO) as an independent authority to review complaints that were partially or wholly rejected by the respective banks. The IO mechanism was set up with a view to strengthen the internal grievance redressal system of banks and to ensure that the complaints of the customers are redressed at the level of the bank itself by an authority
ਅਗ 30, 2018
Scheduled Banks’ Statement of Position in India as on Friday, August 17, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 18-AUG-2017 03-AUG-2018 * 17-AUG-2018 * 18-AUG-2017 03-AUG-2018 * 17-AUG-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1476.51 1470.32 1454.3 1531.28 1517.31 1499.01 ** b) Borrowings from banks 552.99 657.93 750 553.78 667.24 760.05 c) Other demand & time liabilities 72.86 111.41 98.27 73.86 112.79 101.97 II LIABILITIES TO OTHERS (A) a) De
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 18-AUG-2017 03-AUG-2018 * 17-AUG-2018 * 18-AUG-2017 03-AUG-2018 * 17-AUG-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1476.51 1470.32 1454.3 1531.28 1517.31 1499.01 ** b) Borrowings from banks 552.99 657.93 750 553.78 667.24 760.05 c) Other demand & time liabilities 72.86 111.41 98.27 73.86 112.79 101.97 II LIABILITIES TO OTHERS (A) a) De
ਅਗ 16, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month July 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of July 2018. Ajit Prasad Assistant Adviser Press Release: 2018-2019/404
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of July 2018. Ajit Prasad Assistant Adviser Press Release: 2018-2019/404
ਅਗ 16, 2018
Scheduled Banks’ Statement of Position in India as on Friday, August 03, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 04-AUG-2017 20-JUL-2018 * 03-AUG-2018 * 04-AUG-2017 20-JUL-2018 * 03-AUG-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1571.67 1483.63 1470.48 1627.85 1527.74 1517.47 ** b) Borrowings from banks 610 679.23 657.93 612.26 687.67 667.24 c) Other demand & time liabilities 58.94 104.05 111.41 59.92 105.84 112.79 II LIABILITIES TO OTHERS (A) a)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 04-AUG-2017 20-JUL-2018 * 03-AUG-2018 * 04-AUG-2017 20-JUL-2018 * 03-AUG-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1571.67 1483.63 1470.48 1627.85 1527.74 1517.47 ** b) Borrowings from banks 610 679.23 657.93 612.26 687.67 667.24 c) Other demand & time liabilities 58.94 104.05 111.41 59.92 105.84 112.79 II LIABILITIES TO OTHERS (A) a)
ਅਗ 01, 2018
Scheduled Banks’ Statement of Position in India as on Friday, July 20, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 21-JUL-2017 06-JUL-2018 * 20-JUL-2018 * 21-JUL-2017 06-JUL-2018 * 20-JUL-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1513.38 1507.87 1485.27 1569.04 1552.52 1529.38 ** b) Borrowings from banks 542.6 701.9 676.29 546.05 709.97 684.73 c) Other demand & time liabilities 35.14 73.05 104 36.05 74.8 105.79 II LIABILITIES TO OTHERS (A) a) Depos
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 21-JUL-2017 06-JUL-2018 * 20-JUL-2018 * 21-JUL-2017 06-JUL-2018 * 20-JUL-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1513.38 1507.87 1485.27 1569.04 1552.52 1529.38 ** b) Borrowings from banks 542.6 701.9 676.29 546.05 709.97 684.73 c) Other demand & time liabilities 35.14 73.05 104 36.05 74.8 105.79 II LIABILITIES TO OTHERS (A) a) Depos
ਜੁਲਾ 18, 2018
Scheduled Banks’ Statement of Position in India as on Friday, July 06, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 07-JUL-2017 22-JUN-2018 * 06-JUL-2018 * 07-JUL-2017 22-JUN-2018 * 06-JUL-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1511.54 1527.29 1510.52 1568.52 1574.54 1555.17 ** b) Borrowings from banks 553.2 703.12 701.91 556.67 712.98 709.98 c) Other demand & time liabilities 44.15 185.25 72.89 45.1 186.96 74.64 II LIABILITIES TO OTHERS (A) a) D
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 07-JUL-2017 22-JUN-2018 * 06-JUL-2018 * 07-JUL-2017 22-JUN-2018 * 06-JUL-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1511.54 1527.29 1510.52 1568.52 1574.54 1555.17 ** b) Borrowings from banks 553.2 703.12 701.91 556.67 712.98 709.98 c) Other demand & time liabilities 44.15 185.25 72.89 45.1 186.96 74.64 II LIABILITIES TO OTHERS (A) a) D
ਜੁਲਾ 05, 2018
Scheduled Banks’ Statement of Position in India as on Friday, June 22, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 23-JUN-2017 08-JUN-2018 * 22-JUN-2018 * 23-JUN-2017 08-JUN-2018 * 22-JUN-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1542.23 1530.76 1527.28 1599.42 1577.73 1574.53 ** b) Borrowings from banks 531.02 821.88 703.12 531.68 827.9 712.98 c) Other demand & time liabilities 67.5 105.47 186.68 68.44 107.11 188.39 II LIABILITIES TO OTHERS (A) a)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 23-JUN-2017 08-JUN-2018 * 22-JUN-2018 * 23-JUN-2017 08-JUN-2018 * 22-JUN-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1542.23 1530.76 1527.28 1599.42 1577.73 1574.53 ** b) Borrowings from banks 531.02 821.88 703.12 531.68 827.9 712.98 c) Other demand & time liabilities 67.5 105.47 186.68 68.44 107.11 188.39 II LIABILITIES TO OTHERS (A) a)
ਜੂਨ 29, 2018
Enforcement action framework in respect of statutory auditors for the lapses in the statutory audit of commercial banks
Statutory Auditors (SAs) of banks play an important role in contributing to financial stability when they deliver quality bank audits which foster market confidence in banks’ financial statements. Quality bank audits are also a valuable input in the supervisory process of the Reserve Bank of India (RBI) for commercial banks. 2. In the interest of improving audit quality and with a view to instituting a transparent mechanism to examine accountability of SAs in a consis
Statutory Auditors (SAs) of banks play an important role in contributing to financial stability when they deliver quality bank audits which foster market confidence in banks’ financial statements. Quality bank audits are also a valuable input in the supervisory process of the Reserve Bank of India (RBI) for commercial banks. 2. In the interest of improving audit quality and with a view to instituting a transparent mechanism to examine accountability of SAs in a consis
ਜੂਨ 28, 2018
Scheduled Banks’ Statement of Position in India as on Friday, June 08, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 09-JUN-2017 25-MAY-2018 * 08-JUN-2018 * 09-JUN-2017 25-MAY-2018 * 08-JUN-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1554.69 1521.77 1516.43 1614.48 1569.29 1563.40 ** b) Borrowings from banks 570.96 764.27 830.47 571.78 769.09 836.49 c) Other demand & time liabilities 90.38 157.24 106.35 91.27 158.74 107.99 II LIABILITIES TO OTHERS (A)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 09-JUN-2017 25-MAY-2018 * 08-JUN-2018 * 09-JUN-2017 25-MAY-2018 * 08-JUN-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1554.69 1521.77 1516.43 1614.48 1569.29 1563.40 ** b) Borrowings from banks 570.96 764.27 830.47 571.78 769.09 836.49 c) Other demand & time liabilities 90.38 157.24 106.35 91.27 158.74 107.99 II LIABILITIES TO OTHERS (A)
ਜੂਨ 11, 2018
RBI releases draft guidelines on Loan System for Delivery of Bank Credit
The Reserve Bank of India today released draft guidelines on loan system for delivery of bank credit which stipulate a minimum level of 'loan component' in fund based working capital finance and a mandatory Credit Conversion Factor (CCF) for the undrawn portion of cash credit/ overdraft limits availed by large borrowers, with a view to enhancing credit discipline among large borrowers. Banks provide working capital finance by way of cash credit/overdraft, working capi
The Reserve Bank of India today released draft guidelines on loan system for delivery of bank credit which stipulate a minimum level of 'loan component' in fund based working capital finance and a mandatory Credit Conversion Factor (CCF) for the undrawn portion of cash credit/ overdraft limits availed by large borrowers, with a view to enhancing credit discipline among large borrowers. Banks provide working capital finance by way of cash credit/overdraft, working capi
ਜੂਨ 07, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month May 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of May 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/3214
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of May 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/3214
ਜੂਨ 06, 2018
Report of the High Level Task Force on Public Credit Registry for India
As indicated in Para 17 of today’s Statement on Developmental and Regulatory Policies, the Reserve Bank of India placed on its website today the Report of the High Level Task Force (HTF) on Public Credit Registry (PCR) for India. Ajit Prasad Assistant Adviser Press Release : 2017-2018/3200
As indicated in Para 17 of today’s Statement on Developmental and Regulatory Policies, the Reserve Bank of India placed on its website today the Report of the High Level Task Force (HTF) on Public Credit Registry (PCR) for India. Ajit Prasad Assistant Adviser Press Release : 2017-2018/3200
ਜੂਨ 06, 2018
Scheduled Banks’ Statement of Position in India as on Friday, May 25, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 26-MAY-2017 11-MAY-2018 * 25-MAY-2018 * 26-MAY-2017 11-MAY-2018 * 25-MAY-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1598.02 1526.9 1529.78 1658.11 1575.2 1577.30 ** b) Borrowings from banks 535.14 703.54 759.13 535.98 711.04 763.95 c) Other demand & time liabilities 46.36 84.75 160.03 47.19 86.22 161.53 II LIABILITIES TO OTHERS (A) a) D
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 26-MAY-2017 11-MAY-2018 * 25-MAY-2018 * 26-MAY-2017 11-MAY-2018 * 25-MAY-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1598.02 1526.9 1529.78 1658.11 1575.2 1577.30 ** b) Borrowings from banks 535.14 703.54 759.13 535.98 711.04 763.95 c) Other demand & time liabilities 46.36 84.75 160.03 47.19 86.22 161.53 II LIABILITIES TO OTHERS (A) a) D
ਮਈ 23, 2018
Scheduled Banks’ Statement of Position in India as on Friday, May 11, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 12-MAY-2017 27-APR-2018 * 11-MAY-2018 * 12-MAY-2017 27-APR-2018 * 11-MAY-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1676.52 1522.79 1526.84 1737.8 1572.47 1575.14 ** b) Borrowings from banks 568.03 785.13 703.56 568.86 792.92 711.06 c) Other demand & time liabilities 115.56 180.68 85.23 116.38 182.13 86.7 II LIABILITIES TO OTHERS (A) a)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 12-MAY-2017 27-APR-2018 * 11-MAY-2018 * 12-MAY-2017 27-APR-2018 * 11-MAY-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1676.52 1522.79 1526.84 1737.8 1572.47 1575.14 ** b) Borrowings from banks 568.03 785.13 703.56 568.86 792.92 711.06 c) Other demand & time liabilities 115.56 180.68 85.23 116.38 182.13 86.7 II LIABILITIES TO OTHERS (A) a)
ਮਈ 15, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month of April 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of April 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/2989
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of April 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/2989
ਮਈ 10, 2018
Scheduled Banks’ Statement of Position in India as on Friday, April 27, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 28-Apr-17 13-APR-2018 * 27-APR-2018 * 28-Apr-17 13-APR-2018 * 27-APR-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1664 1501.13 1522.56 1726.82 1551.97 1572.24 ** b) Borrowings from banks 687.66 697.43 784.81 688.26 701.99 792.6 c) Other demand & time liabilities 38.17 62.82 180.68 39.02 64.15 182.13 II LIABILITIES TO OTHERS (A) a) Deposit
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 28-Apr-17 13-APR-2018 * 27-APR-2018 * 28-Apr-17 13-APR-2018 * 27-APR-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1664 1501.13 1522.56 1726.82 1551.97 1572.24 ** b) Borrowings from banks 687.66 697.43 784.81 688.26 701.99 792.6 c) Other demand & time liabilities 38.17 62.82 180.68 39.02 64.15 182.13 II LIABILITIES TO OTHERS (A) a) Deposit
ਅਪ੍ਰੈ 25, 2018
Scheduled Banks’ Statement of Position in India as on Friday, April 13, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 14-APR-2017 30-MAR-2018 * 13-APR-2018 * 14-APR-2017 30-MAR-2018 * 13-APR-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1682.51 1613.71 1509.58 1746.9 1665.59 1560.42 ** b) Borrowings from banks 666.73 601.06 699.95 667.23 611.56 704.51 c) Other demand & time liabilities 75.68 67.97 62.83 76.48 68.5 64.16 II LIABILITIES TO OTHERS (A) a) Dep
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 14-APR-2017 30-MAR-2018 * 13-APR-2018 * 14-APR-2017 30-MAR-2018 * 13-APR-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1682.51 1613.71 1509.58 1746.9 1665.59 1560.42 ** b) Borrowings from banks 666.73 601.06 699.95 667.23 611.56 704.51 c) Other demand & time liabilities 75.68 67.97 62.83 76.48 68.5 64.16 II LIABILITIES TO OTHERS (A) a) Dep
ਅਪ੍ਰੈ 12, 2018
Scheduled Banks’ Statement of Position in India as on Friday, March 30, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 31-MAR-2017 16-MAR-2018 * 30-MAR-2018 * 31-MAR-2017 16-MAR-2018 * 30-MAR-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1698.58 1413.62 1613.71 1765.51 1462.08 1665.59 ** b) Borrowings from banks 573.5 708.16 601.06 573.6 715.47 611.56 c) Other demand & time liabilities 58.63 132.48 67.46 58.63 133.94 67.99 II LIABILITIES TO OTHERS (A) a) D
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 31-MAR-2017 16-MAR-2018 * 30-MAR-2018 * 31-MAR-2017 16-MAR-2018 * 30-MAR-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1698.58 1413.62 1613.71 1765.51 1462.08 1665.59 ** b) Borrowings from banks 573.5 708.16 601.06 573.6 715.47 611.56 c) Other demand & time liabilities 58.63 132.48 67.46 58.63 133.94 67.99 II LIABILITIES TO OTHERS (A) a) D
ਅਪ੍ਰੈ 11, 2018
Reserve Bank of India imposes monetary penalty on IDBI Bank Limited
The Reserve Bank of India (RBI) has imposed, through an order dated April 09, 2018, a monetary penalty of ₹ 30 million on IDBI Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the
The Reserve Bank of India (RBI) has imposed, through an order dated April 09, 2018, a monetary penalty of ₹ 30 million on IDBI Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the
ਅਪ੍ਰੈ 06, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month of March 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of March 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/2661
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of March 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/2661
ਅਪ੍ਰੈ 03, 2018
Jio Payments Bank Limited commences operations
Jio Payments Bank Limited has commenced operations as a payments bank with effect from April 3, 2018. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Reliance Industries Limited, Mumbai was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Jose J. Kattoor Chie
Jio Payments Bank Limited has commenced operations as a payments bank with effect from April 3, 2018. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Reliance Industries Limited, Mumbai was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Jose J. Kattoor Chie
ਮਾਰਚ 29, 2018
Reserve Bank of India imposes monetary penalty on ICICI Bank Limited
The Reserve Bank of India (RBI) has imposed through an order dated March 26, 2018, a monetary penalty of ₹589 million on ICICI Bank Limited (the bank) for non-compliance with directions issued by RBI on direct sale of securities from its HTM portfolio and specified disclosure in this regard. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking
The Reserve Bank of India (RBI) has imposed through an order dated March 26, 2018, a monetary penalty of ₹589 million on ICICI Bank Limited (the bank) for non-compliance with directions issued by RBI on direct sale of securities from its HTM portfolio and specified disclosure in this regard. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking
ਮਾਰਚ 28, 2018
Jana Small Finance Bank Limited commences operations
Jana Small Finance Bank Limited has commenced operations as a small finance bank with effect from March 28, 2018. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Janalakshmi Financial Services Private Limited, Bengaluru was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press rel
Jana Small Finance Bank Limited has commenced operations as a small finance bank with effect from March 28, 2018. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Janalakshmi Financial Services Private Limited, Bengaluru was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press rel
ਮਾਰਚ 28, 2018
Scheduled Banks’ Statement of Position in India as on Friday, March 16, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 17-MAR-2017 02-MAR-2018* 16-MAR-2018* 17-MAR-2017 02-MAR-2018* 16-MAR-2018* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1639.75 1430 1413.87 1704.92 1478.63 1462.33** b) Borrowings from banks 548.14 708.97 708.7 548.94 719.26 716.01 c) Other demand & time liabilities 68.43 100.94 132.33 68.43 102.4 133.79 II LIABILITIES TO OTHERS (A) a) Deposit
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 17-MAR-2017 02-MAR-2018* 16-MAR-2018* 17-MAR-2017 02-MAR-2018* 16-MAR-2018* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1639.75 1430 1413.87 1704.92 1478.63 1462.33** b) Borrowings from banks 548.14 708.97 708.7 548.94 719.26 716.01 c) Other demand & time liabilities 68.43 100.94 132.33 68.43 102.4 133.79 II LIABILITIES TO OTHERS (A) a) Deposit
ਮਾਰਚ 27, 2018
Annual Closing of Government Accounts - Transactions of Central/State Governments-Special Measures for the Current Financial Year (2017-18)
With a view to providing greater convenience to tax payers, it has been decided that RBI Offices and all designated branches of agency banks conducting government banking will keep their counters open up to 8.00 p.m. on March 31, 2018, electronic transactions can be done till the midnight of that day. In order to facilitate Government receipts and payments, necessary arrangements have also been made to conduct special clearing operations across the country. Centralise
With a view to providing greater convenience to tax payers, it has been decided that RBI Offices and all designated branches of agency banks conducting government banking will keep their counters open up to 8.00 p.m. on March 31, 2018, electronic transactions can be done till the midnight of that day. In order to facilitate Government receipts and payments, necessary arrangements have also been made to conduct special clearing operations across the country. Centralise
ਮਾਰਚ 26, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month February 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of February 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/2547
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of February 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/2547
ਮਾਰਚ 15, 2018
Scheduled Banks’ Statement of Position in India as on Friday, March 02, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 03-MAR-2017 16-FEB-2018 * 02-MAR-2018 * 03-MAR-2017 16-FEB-2018 * 02-MAR-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1603.79 1435.49 1430 1669.26 1483.85 1478.63 ** b) Borrowings from banks 502.01 719.45 705.72 502.54 723.02 716.01 c) Other demand & time liabilities 42.78 76.83 100.67 42.78 78.31 102.13 II LIABILITIES TO OTHERS (A) a) De
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 03-MAR-2017 16-FEB-2018 * 02-MAR-2018 * 03-MAR-2017 16-FEB-2018 * 02-MAR-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1603.79 1435.49 1430 1669.26 1483.85 1478.63 ** b) Borrowings from banks 502.01 719.45 705.72 502.54 723.02 716.01 c) Other demand & time liabilities 42.78 76.83 100.67 42.78 78.31 102.13 II LIABILITIES TO OTHERS (A) a) De
ਮਾਰਚ 09, 2018
Reserve Bank of India imposes monetary penalty on Airtel Payments Bank Limited
The Reserve Bank of India (RBI) has imposed, on March 07, 2018, a monetary penalty of ₹ 50 million on Airtel Payments Bank Limited (the bank) for contravening the ‘Operating Guidelines for Payments Banks’ and directions issued by RBI on Know Your Customer (KYC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of
The Reserve Bank of India (RBI) has imposed, on March 07, 2018, a monetary penalty of ₹ 50 million on Airtel Payments Bank Limited (the bank) for contravening the ‘Operating Guidelines for Payments Banks’ and directions issued by RBI on Know Your Customer (KYC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of
ਮਾਰਚ 08, 2018
Reserve Bank of India imposes monetary penalty on Equitas Small Finance Bank Limited
The Reserve Bank of India (RBI) has imposed, on March 01, 2018, a monetary penalty of ₹ one million on Equitas Small Finance Bank Limited (the bank) for non-compliance with one of the licensing conditions stipulated by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46(4) (i) of the Banking Regulation Act, 1949. This action is based on deficiencies in regulatory compliance and is not
The Reserve Bank of India (RBI) has imposed, on March 01, 2018, a monetary penalty of ₹ one million on Equitas Small Finance Bank Limited (the bank) for non-compliance with one of the licensing conditions stipulated by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46(4) (i) of the Banking Regulation Act, 1949. This action is based on deficiencies in regulatory compliance and is not
ਮਾਰਚ 07, 2018
Reserve Bank of India imposes monetary penalty on State Bank of India
The Reserve Bank of India (RBI) has imposed, on March 01, 2018, a monetary penalty of ₹ 4 million on State Bank of India (the bank) for non-compliance with the directions issued by RBI on Detection and Impounding of Counterfeit Notes. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46(4) (i) of the Banking Regulation Act, 1949. This action is based on deficiencies in regulatory compliance
The Reserve Bank of India (RBI) has imposed, on March 01, 2018, a monetary penalty of ₹ 4 million on State Bank of India (the bank) for non-compliance with the directions issued by RBI on Detection and Impounding of Counterfeit Notes. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46(4) (i) of the Banking Regulation Act, 1949. This action is based on deficiencies in regulatory compliance
ਮਾਰਚ 05, 2018
RBI imposes Monetary Penalty on Indian Overseas Bank
The Reserve Bank of India (RBI) has imposed, on February 27, 2018, a monetary penalty of ₹ 20 million on Indian Overseas Bank (the bank) for non-compliance with the directions issued by RBI on Know Your Customer (KYC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to the aforesaid directio
The Reserve Bank of India (RBI) has imposed, on February 27, 2018, a monetary penalty of ₹ 20 million on Indian Overseas Bank (the bank) for non-compliance with the directions issued by RBI on Know Your Customer (KYC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to the aforesaid directio
ਮਾਰਚ 05, 2018
RBI imposes Monetary Penalty on Axis Bank Limited
The Reserve Bank of India (RBI) has imposed, on February 27, 2018, a monetary penalty of ₹ 30 million on Axis Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to
The Reserve Bank of India (RBI) has imposed, on February 27, 2018, a monetary penalty of ₹ 30 million on Axis Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to
ਫ਼ਰ 28, 2018
Scheduled Banks’ Statement of Position in India as on Friday, February 16, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 17-FEB-2017 02-FEB-2018 * 16-FEB-2018 * 17-FEB-2017 02-FEB-2018 * 16-FEB-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1625.84 1446.05 1411.04 1692.38 1494.86 1459.40 ** b) Borrowings from banks 521.74 703.81 719.45 522.17 715.05 723.02 c) Other demand & time liabilities 38.74 60.16 76.42 38.74 61.61 77.9 II LIABILITIES TO OTHERS (A) a) De
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 17-FEB-2017 02-FEB-2018 * 16-FEB-2018 * 17-FEB-2017 02-FEB-2018 * 16-FEB-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1625.84 1446.05 1411.04 1692.38 1494.86 1459.40 ** b) Borrowings from banks 521.74 703.81 719.45 522.17 715.05 723.02 c) Other demand & time liabilities 38.74 60.16 76.42 38.74 61.61 77.9 II LIABILITIES TO OTHERS (A) a) De
ਫ਼ਰ 22, 2018
Aditya Birla Idea Payments Bank Limited commences operations
Aditya Birla Idea Payments Bank Limited has commenced operations as a payments bank with effect from February 22, 2018. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Aditya Birla Nuvo Limited, Mumbai was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Ashi
Aditya Birla Idea Payments Bank Limited has commenced operations as a payments bank with effect from February 22, 2018. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Aditya Birla Nuvo Limited, Mumbai was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Ashi
ਫ਼ਰ 20, 2018
Press Release
Reserve Bank of India (RBI), as part of its ongoing efforts for strengthening of the supervisory framework in the country, has been issuing necessary instructions to banks from time to time on a variety of issues of prudential supervisory concern, including the management of operational risks inherent in the functioning of banks. The risks arising from the potential malicious use of the SWIFT infrastructure, created by banks for their genuine business needs, has alway
Reserve Bank of India (RBI), as part of its ongoing efforts for strengthening of the supervisory framework in the country, has been issuing necessary instructions to banks from time to time on a variety of issues of prudential supervisory concern, including the management of operational risks inherent in the functioning of banks. The risks arising from the potential malicious use of the SWIFT infrastructure, created by banks for their genuine business needs, has alway
ਫ਼ਰ 16, 2018
RBI’s statement on fraud in Punjab National Bank
There have been reports in the media that in the wake of fraud involving a sum of USD 1.77 billion that has surfaced in Punjab National Bank (PNB), the Reserve Bank of India (RBI) has directed PNB to meet its commitments under the Letter of Undertaking (LOU) to other banks. RBI denies having given any such instructions. The fraud in PNB is a case of operational risk arising on account of delinquent behaviour by one or more employees of the bank and failure of internal
There have been reports in the media that in the wake of fraud involving a sum of USD 1.77 billion that has surfaced in Punjab National Bank (PNB), the Reserve Bank of India (RBI) has directed PNB to meet its commitments under the Letter of Undertaking (LOU) to other banks. RBI denies having given any such instructions. The fraud in PNB is a case of operational risk arising on account of delinquent behaviour by one or more employees of the bank and failure of internal
ਫ਼ਰ 15, 2018
Scheduled Banks’ Statement of Position in India as on Friday, February 02, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 03-FEB-2017 19-JAN-2018 * 02-FEB-2018 * 03-FEB-2017 19-JAN-2018 * 02-FEB-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1637.42 1468.47 1446.05 1705.47 1517.75 1494.86 ** b) Borrowings from banks 511.75 755.69 703.36 512.57 760.71 714.6 c) Other demand & time liabilities 42.49 141.46 60.16 42.49 142.87 61.61 II LIABILITIES TO OTHERS (A) a)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 03-FEB-2017 19-JAN-2018 * 02-FEB-2018 * 03-FEB-2017 19-JAN-2018 * 02-FEB-2018 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1637.42 1468.47 1446.05 1705.47 1517.75 1494.86 ** b) Borrowings from banks 511.75 755.69 703.36 512.57 760.71 714.6 c) Other demand & time liabilities 42.49 141.46 60.16 42.49 142.87 61.61 II LIABILITIES TO OTHERS (A) a)
ਫ਼ਰ 08, 2018
Report of the Inter-Regulatory Working Group on FinTech and Digital Banking
The Reserve Bank of India today placed on its website the report of the Inter-Regulatory Working Group on FinTech and Digital Banking in India. Background The Reserve Bank of India (RBI) had set up an inter-regulatory Working Group (Chair: Shri Sudarshan Sen, Executive Director, RBI) to study the entire gamut of regulatory issues relating to FinTech and Digital Banking in India. The Committee had representation from all the financial sector regulators, namely, Reserve
The Reserve Bank of India today placed on its website the report of the Inter-Regulatory Working Group on FinTech and Digital Banking in India. Background The Reserve Bank of India (RBI) had set up an inter-regulatory Working Group (Chair: Shri Sudarshan Sen, Executive Director, RBI) to study the entire gamut of regulatory issues relating to FinTech and Digital Banking in India. The Committee had representation from all the financial sector regulators, namely, Reserve
ਫ਼ਰ 01, 2018
Scheduled Banks’ Statement of Position in India as on Friday, January 19, 2018
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 20-JAN-2017 05-JAN-2018* 19-JAN-2018* 20-JAN-2017 05-JAN-2018* 19-JAN-2018* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1676.42 1442.38 1468.33 1746.38 1492.04 1517.61** b) Borrowings from banks 583.49 649.3 756.19 584.3 651.56 761.21 c) Other demand & time liabilities 37.39 68.39 141.46 37.39 70.14 142.87 II LIABILITIES TO OTHERS (A) a) Deposi
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 20-JAN-2017 05-JAN-2018* 19-JAN-2018* 20-JAN-2017 05-JAN-2018* 19-JAN-2018* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1676.42 1442.38 1468.33 1746.38 1492.04 1517.61** b) Borrowings from banks 583.49 649.3 756.19 584.3 651.56 761.21 c) Other demand & time liabilities 37.39 68.39 141.46 37.39 70.14 142.87 II LIABILITIES TO OTHERS (A) a) Deposi
ਫ਼ਰ 01, 2018
Consolidated list of returns prescribed by RBI for banks/NBFCs/OFIs
The Reserve Bank’s internal Return Governance Group (RGG) has been monitoring the governance structure of regular returns prescribed for reporting entities, with the objective to rationalise and standardise reporting to RBI. As a part of the exercise on harmonisation of banking statistics, a technical guidance note on eXtensible Business Reporting Language (XBRL) returns was issued on March 30, 2017 for ensuring quality and uniformity of the inputs received through th
The Reserve Bank’s internal Return Governance Group (RGG) has been monitoring the governance structure of regular returns prescribed for reporting entities, with the objective to rationalise and standardise reporting to RBI. As a part of the exercise on harmonisation of banking statistics, a technical guidance note on eXtensible Business Reporting Language (XBRL) returns was issued on March 30, 2017 for ensuring quality and uniformity of the inputs received through th
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਮੋਬਾਈਲ ਐਪਲੀਕੇਸ਼ਨ ਇੰਸਟਾਲ ਕਰੋ ਅਤੇ ਨਵੀਨਤਮ ਖਬਰਾਂ ਤੱਕ ਤੇਜ਼ ਐਕਸੈਸ ਪ੍ਰਾਪਤ ਕਰੋ!
ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਜੁਲਾਈ 26, 2024
