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జులై 06, 2022

Master Direction on Interest Rate on Deposits - Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] and Non-Resident (External) Rupee (NRE) Deposit

RBI/2022-23/82 DOR.SOG (SPE).REC.No 53/13.03.000/2022-23 July 06, 2022 All Scheduled Commercial Banks (including Regional Rural Banks) All Small Finance Banks All Local Area Banks All Payment Banks All Primary (Urban) Co-operative Banks/ DCCBs /State Cooperative Banks Dear Sir / Madam, Master Direction on Interest Rate on Deposits - Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] and Non-Resident (External) Rupee (NRE) Deposit Please refer to the ins

పిడిఎఫ్ ( 168154 )

జూన్ 10, 2022

Punjab and Maharashtra Co-operative Bank Limited (Amalgamation with Unity Small Finance Bank Limited) Scheme, 2022 - Provisioning on interbank exposure and valuation of Perpetual Non-Cumulative Preference Shares (PNCPS) and Equity Warrants

RBI/2022-23/70 DOR.MRG.REC.46/00-00-011/2022-23 June 10, 2022 ’Madam / Dear Sir, Punjab and Maharashtra Co-operative Bank Limited (Amalgamation with Unity Small Finance Bank Limited) Scheme, 2022 - Provisioning on interbank exposure and valuation of Perpetual Non-Cumulative Preference Shares (PNCPS) and Equity Warrants Please refer to Punjab and Maharashtra Co-operative Bank Limited (Amalgamation with Unity Small Finance Bank Limited) Scheme, 2022 (hereinafter referre

పిడిఎఫ్ ( 281577 )

జూన్ 08, 2022

Individual Housing loans - Enhancement in limits

RBI/2022-23/68 DOR.CRE.REC.42/09.22.010/2022-23 June 08, 2022 All Primary (Urban) Co-operative Banks, Madam / Dear Sir, Individual Housing loans – Enhancement in limits Please refer to circular UBD.BPD.(PCB). Cir.No.7/09.22.010/2011-12 dated October 31, 2011 on the above subject. 2. As announced in the Statement on Developmental and Regulatory Policies (para no.1 annexed), it has been decided to revise the limits on individual housing loans sanctioned by urban co-oper

పిడిఎఫ్ ( 398124 )

జూన్ 08, 2022

Section 23 of the Banking Regulation Act, 1949 - Doorstep Banking

RBI/2022-23/66 DOR.REG.No.45/19.51.052/2022-23 June 8, 2022 All Primary (Urban) Co-operative banks Madam / Dear Sir Section 23 of the Banking Regulation Act, 1949 – Doorstep Banking In terms of Section 23 of the Banking Regulation Act, 1949 (AACS) Primary (Urban) Co-operative Banks (UCBs) are required to seek prior approval of the Reserve Bank for opening any new place of business including offering services at the doorstep of the customer. 2. Keeping in view the abov

పిడిఎఫ్ ( 302891 )

జూన్ 08, 2022

Enhancement in Individual Housing Loan limits and credit to Commercial Real Estate - Residential Housing (CRE-RH)

RBI/2022-23/67 DOR.CRE.REC.43/09.22.010/2022-23 June 08, 2022 All State Co-operative Banks (StCBs) All District Central Co-operative Banks (DCCBs) Madam / Dear Sir, Enhancement in Individual Housing Loan limits and credit to Commercial Real Estate - Residential Housing (CRE-RH) Please refer to our circulars RPCD CO.RCBD.BC.No.15 /03.03.01/2009-10 dated August 13, 2009, RPCD.CO.RF.BC.No.109/07.38.01/2008-09 dated May 25, 2009 and RPCD.CO.RCBD. BC.No. 48 /03.03.01/2010-

పిడిఎఫ్ ( 402388 )

మే 31, 2022

Interest Equalization Scheme (IES) on Pre and Post Shipment Rupee Export Credit - Extension

RBI/2022-23/60 DOR.STR.REC.39/04.02.001/2022-23 May 31, 2022 All Scheduled Commercial Banks (excluding RRBs),Small Finance Banks, Primary (Urban) Cooperative Banks & State Cooperative Banks (scheduled banks having AD category-I license), andExim Bank Dear Sir / Madam, Interest Equalization Scheme (IES) on Pre and Post Shipment Rupee Export Credit - Extension Please refer to paragraph 2.4 of the circular No. DOR.STR.REC.93/04.02.001/2021-22 dated March 8, 2022, whe

పిడిఎఫ్ ( 155003 )

మే 24, 2022

Housing Finance - Loans for repairs/additions/alterations - Enhancement of limits

RBI/2022-23/56 DOR.CRE.REC.18/09.22.010/2022-23 May 24, 2022 All Primary (Urban) Co-operative Banks Madam / Dear Sir, Housing Finance – Loans for repairs/additions/alterations - Enhancement of limits Please refer to para 2 of the circular UBD.CO.BPD.(PCB).Cir.No.13/09.22.010/2013-14 dated September 10, 2013 on the captioned subject, wherein, the ceiling on loans to individuals for carrying out repairs/additions/alterations to their dwelling units was revised upwards t

పిడిఎఫ్ ( 232951 )

మే 02, 2022

Regulations Review Authority (RRA 2.0) - Interim Recommendations - Withdrawal of Circulars

RBI/2022-23/38 DoS.CO.PPG./SEC.02/11.01.005/2022-23 May 2, 2022 The Registrar of Cooperative Societies (All States/ Union Territories) All Primary (Urban) Cooperative Banks Madam / Dear Sir, Regulations Review Authority (RRA 2.0) – Interim Recommendations – Withdrawal of Circulars Please refer to the Press Release dated May 2, 2022 issued on the captioned subject. 2. The circulars listed in the Annexure are withdrawn with effect from close of business today. Yours fai

పిడిఎఫ్ ( 210435 )

ఏప్రి 21, 2022

Legal Entity Identifier (LEI) for Borrowers

RBI/2022-23/34 DOR.CRE.REC.28/21.04.048/2022-23 April 21, 2022 All Scheduled Commercial Banks (Excluding Regional Rural Banks), All India Financial Institutions, Small Finance Banks, Local Area Banks, Primary (Urban) Co-operative Banks, and Non-Banking Financial Companies (including Housing Finance Companies) Madam/Dear Sir, Legal Entity Identifier (LEI) for Borrowers Please refer to Para 3 of DBR.No.BP.BC.92/21.04.048/2017-18 dated November 2, 2017, on the captioned

పిడిఎఫ్ ( 267090 )

ఏప్రి 21, 2022

Creation of Honorary Designations at Board level in Urban Co-operative Banks

RBI/2022-23/33 DOR.GOV.REC.No.26/18.10.004/2022-23 April 21, 2022 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/Dear Sir, Creation of Honorary Designations at Board level in Urban Co-operative Banks It has been observed during the course of supervisory reviews that some of the Urban Co-operative Banks (UCBs) have adopted the practice of creating honorary designations (remunerated or otherwise)/conferring titles

పిడిఎఫ్ ( 205958 )

ఏప్రి 19, 2022

Issue and regulation of share capital and securities - State Co-operative Banks and District Central Co-operative Banks

RBI/2022-23/31 DOR.CAP.REC.22/09.18.201/2022-23 April 19, 2022 The Chief Executive Officer All State and Central Co-operative Banks Madam / Dear Sir, Issue and regulation of share capital and securities - State Co-operative Banks and District Central Co-operative Banks The Banking Regulation (Amendment) Act, 2020 (No. 39 of 2020), notified in the Gazette of India on September 29, 2020 (vide Notification No. 64 of that date), has come into force with effect from April

పిడిఎఫ్ ( 390715 )

మార్చి 31, 2022

Bilateral Netting of Qualified Financial Contracts - Amendments to Prudential Guidelines

RBI/2021-22/189 DOR.CAP.REC.No.97/21.06.201/2021-22 March 31, 2022 Dear Sir/ Madam, Bilateral Netting of Qualified Financial Contracts - Amendments to Prudential Guidelines The Bilateral Netting of Qualified Financial Contracts Act, 2020 (hereafter referred to as “the Act”), has been notified by the Government of India vide Gazette Notification No. S.O. 3463(E) dated October 1, 2020. The Act provides a legal framework for enforceability of bilateral netting of qualifi

పిడిఎఫ్ ( 294671 )

మార్చి 08, 2022

Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit - Extension

RBI/2021-22/180 DOR.STR.REC.93/04.02.001/2021-22 March 8, 2022 All Scheduled Commercial Banks (excluding RRBs), Small Finance Banks, Primary (Urban) Cooperative Banks (scheduled banks having AD category-I license), and EXIM Bank Dear Sir / Madam, Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit - Extension Please refer to the instructions issued vide circular DOR.CRE(DIR).REC.28/04.02.001/2021-22 dated July 1, 2021. 2. Government of India has

పిడిఎఫ్ ( 279764 )

మార్చి 08, 2022

Issue and regulation of share capital and securities - Primary (Urban) Co-operative Banks

RBI/2021-22/179 DOR.CAP.REC.92/09.18.201/2021-22 March 08, 2022 The Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam / Dear Sir, Issue and regulation of share capital and securities - Primary (Urban) Co-operative Banks The Banking Regulation (Amendment) Act, 2020 (No. 39 of 2020), notified in the Gazette of India on September 29, 2020 (vide Notification No. 64 of that date), is deemed to have come into force with effect from June 29, 2020 for Primar

పిడిఎఫ్ ( 398292 )

మార్చి 03, 2022

Investment in Umbrella Organization (UO) by Primary (Urban) Co-operative Banks

RBI/2021-22/177 DOR.REC.MRG.90/16.20.000/2021-22 March 3, 2022 Madam / Dear Sir, Investment in Umbrella Organization (UO) by Primary (Urban) Co-operative Banks Please refer to circular UBD.(PCB).BPD.Cir.No.46/16.20.000/2008-09 dated January 30, 2009 on Investments in Non-SLR securities by Primary (Urban) Co-operative Banks. Paragraph 2(i) of the circular states that the non-SLR investments shall be limited to ten per cent of a bank’s total deposits as on March 31 of t

పిడిఎఫ్ ( 251384 )

ఫిబ్ర 22, 2022

Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934- Sikkim State Co-operative Bank Ltd

RBI/2021-22/174 DOR.RUR.REC.86/19.51.025/2021-22 February 18, 2022 All State Co-operative Banks/Central Co-operative Banks Madam/ Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934- Sikkim State Co-operative Bank Ltd. We advise that the name of ‘Sikkim State Co-operative Bank Ltd.’ has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide notification DOR.RUR.No.S1627/19.51.025/2021-22 dated October 12, 2021 publish

పిడిఎఫ్ ( 208445 )

నవం 12, 2021

Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances - Clarifications

RBI/2021-2022/125 DOR.STR.REC.68/21.04.048/2021-22 November 12, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) excluding Payments Banks All Primary (Urban) Co-operative Banks/State Co-operative Banks/District Central Co-operative Banks All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) All Non-Banking Financial Companies (including Housing Finance Companies) Madam/Dear Sir, Prudential norms on Inco

పిడిఎఫ్ ( 280852 )

నవం 11, 2021

Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] - Master Direction on Interest Rate on Deposits

RBI/2021-2022/123 DOR.SOG (SPE).REC.No 67/13.03.00/2021-22 November 11, 2021 All Scheduled Commercial Banks (including Regional Rural Banks) All Small Finance Banks All Local Area Banks All Payment Banks All Primary (Urban) Co-operative Banks/ DCCBs /State Cooperative Banks Dear Sir / Madam, Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] - Master Direction on Interest Rate on Deposits Please refer to the instructions on the Foreign Currency (Non-res

పిడిఎఫ్ ( 219730 )

జులై 02, 2021

Review of Instructions on Interest on overdue domestic deposits

RBI/2021-22/66 DoR.SPE.REC.29/13.03.00/2021-2022 July 02, 2021 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks All Local Area Banks All Primary (Urban) Co-operative Banks/ District Central Co-operative Banks/ State Co-operative Banks Dear Sir / Madam, Review of Instructions on Interest on overdue domestic deposits Please refer to Section 9 (b) of Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2016 dated March 3

పిడిఎఫ్ ( 110855 )

జూన్ 28, 2021

Guidelines for Managing Risk in Outsourcing of Financial Services by Co-operative Banks

RBI/2021-22/64 DOR.ORG.REC.27/21.04.158/2021-22 June 28, 2021 The Chief Executive Officer All Co-operative Banks Madam / Dear Sir, Guidelines for Managing Risk in Outsourcing of Financial Services by Co-operative Banks It is observed that the co-operative banks are increasingly using outsourcing as a means for reducing costs as well as for availing specialist expertise, where these are not available internally. 2. While it is entirely the banks’ prerogative to take a

పిడిఎఫ్ ( 428843 )

జూన్ 25, 2021

Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks

RBI/2021-2022/62 DOR.CRE(DIR).REC.26/21.04.103/2021-22 June 25, 2021 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/ Dear Sir, Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks With increasing size and scope of business, Primary (Urban) Co-operative Banks (UCBs) are gradually getting exposed to greater degree of risks. It is, therefore, necessary that every UCB focuses its attention on putting in place appropriate risk m

పిడిఎఫ్ ( 252040 )

జూన్ 25, 2021

Appointment of Managing Director (MD) / Whole-Time Director (WTD) in Primary (Urban) Co-operative Banks

RBI/2021-22/60 DOR.GOV.REC.25/12.10.000/2021-22 June 25, 2021 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Appointment of Managing Director (MD) / Whole-Time Director (WTD) in Primary (Urban) Co-operative Banks In terms of powers conferred under Sections 10, 10B, 10BB, 35A, 35B, 36AA and 53A (read with Section 56) of the Banking Regulation Act, 1949 (as amended), hereinafter called as “Act”, relati

పిడిఎఫ్ ( 581546 )

జూన్ 10, 2021

Usage of Automated Teller Machines / Cash Recycler Machines - Review of Interchange Fee and Customer Charges

RBI/2021-22/52 DPSS.CO.OD.No.S-182/06.07.011/2021-22 June 10, 2021 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Authorised ATM Network Operators / Card Payment Network Operators / White Label ATM Operators Madam / Dear Sir, Usage of Automated Teller Machines / Cash Recycler Machines – Review of Interchange Fee and

పిడిఎఫ్ ( 327494 )

జూన్ 04, 2021

Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) - Extension of time

RBI/2021-22/49 DoR.RET.REC.19/12.05.009/2021-22 June 04, 2021 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks, All State Co-operative Banks and Central Co-operative Banks Madam/Sir Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time In terms of Section 31 of the Banking Regulation Act, 1949 (“the Act”), read with Section 56 of the Act, accounts and balance sheet referre

పిడిఎఫ్ ( 196010 )

జూన్ 04, 2021

Resolution Framework - 2.0: Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs) - Revision in the threshold for aggregate exposure

RBI/2021-22/47 DOR.STR.REC.21/21.04.048/2021-22 June 4, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework - 2.0: Resolution of Covid-19 related stress of Micro, Small and

పిడిఎఫ్ ( 130376 )

జూన్ 04, 2021

Resolution Framework - 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses - Revision in the threshold for aggregate exposure

RBI/2021-22/46 DOR.STR.REC.20/21.04.048/2021-22 June 4, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework - 2.0: Resolution of Covid-19 related stress of Individuals and

పిడిఎఫ్ ( 148921 )

మే 31, 2021

Customer Due Diligence for transactions in Virtual Currencies (VC)

RBI/2021-22/45 DOR. AML.REC 18 /14.01.001/2021-22 May 31, 2021 All Commercial and Co-operative Banks / Payments Banks/ Small Finance Banks / NBFCs / Payment System Providers Madam / Dear Sir, Customer Due Diligence for transactions in Virtual Currencies (VC) It has come to our attention through media reports that certain banks/ regulated entities have cautioned their customers against dealing in virtual currencies by making a reference to the RBI circular DBR.No.BP.BC

పిడిఎఫ్ ( 196094 )

మే 24, 2021

Amalgamation of District Central Co-operative Banks (DCCBs) with the State Co-operative Bank (StCB) - Guidelines

RBI/2021-22/42 DOR.RUR.REC.No.17/19.51.007/2021-22 May 24, 2021 All State and Central Cooperative Banks Dear Sir/ Madam, Amalgamation of District Central Co-operative Banks (DCCBs) with the State Co-operative Bank (StCB) - Guidelines The Banking Regulation (Amendment) Act, 2020 (39 of 2020) has been notified for the State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) with effect from, April 1, 2021 vide Notification dated December 23, 2020

పిడిఎఫ్ ( 149741 )

మే 05, 2021

Resolution Framework 2.0 - Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs)

RBI/2021-22/32 DOR.STR.REC.12/21.04.048/2021-22 May 5, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and M

పిడిఎఫ్ ( 266591 )

మే 05, 2021

Resolution Framework - 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses

RBI/2021-22/31 DOR.STR.REC.11/21.04.048/2021-22 May 5, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework – 2.0: Resolution of Covid-19 related stress of Individuals and S

పిడిఎఫ్ ( 394676 )

ఏప్రి 27, 2021

Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs)

RBI/2021-22/25 Ref.No.DoS.CO.ARG/SEC.01/08.91.001/2021-22 April 27, 2021 The Chairman/Managing Director/Chief Executive Officer,All Commercial Banks (Excluding RRBs)All Primary (Urban) Co-operative Banks (UCBs)All Non-Banking Finance Companies (NBFCs) (Including Housing Finance Companies) Madam/Dear Sir, Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs) The fol

పిడిఎఫ్ ( 407846 )

ఏప్రి 22, 2021

Declaration of dividends by banks

RBI/2021-22/23 DOR.ACC.REC.7/21.02.067/2021-22 April 22, 2021 All Commercial Banks and Cooperative Banks, Madam / Sir, Declaration of dividends by banks Please refer to our circular DOR.BP.BC.No.29/21.02.067/2020-21 dated December 4, 2020, and other associated circulars on the captioned subject. 2. In view of the continuing uncertainty caused by the ongoing second wave of COVID-19 in the country, it is crucial that banks remain resilient and proactively raise and cons

పిడిఎఫ్ ( 325828 )

మార్చి 12, 2021

Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures

RBI/2020-21/106 DoR.FIN.REC.46/20.16.056/2020-21 March 12, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) excluding Payment Banks All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) All Non-Banking Financial Companies (including Housing Finance Companies) All Credit Information Companies Madam / Sir,

పిడిఎఫ్ ( 270148 )

ఫిబ్ర 24, 2021

Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List - Amendment of 92 entries

RBI/2020-21/103 DOR.AML.BC.No.44/14.06.001/2020-21 February 24, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Amendment of 92 entries Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on December 18, 2020, in terms of which “Regulated Entities (REs) shall ensure tha

పిడిఎఫ్ ( 342015 )

ఫిబ్ర 22, 2021

Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List - Deletion of two entries

RBI/2020-21/101 DOR.AML.BC.No.42/14.06.001/2020-21@@NBSP@@@@NBSP@@ February 22, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Deletion of two entries Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on December 18, 2020, in terms of which “Regulated Entities (REs)

పిడిఎఫ్ ( 335883 )

ఫిబ్ర 05, 2021

Loans and advances to directors, their relatives, and firms / concerns in which they are interested

RBI/2020-21/89 DOR.CRG.CRS.Cir.No.5/13.05.000/2020-21 February 5, 2021 The Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Loans and advances to directors, their relatives, and firms / concerns in which they are interested Please refer to our circular BPD.Cir.50/13.05.00/2002-03 dated April 29, 2003 on the captioned subject and subsequent instructions issued in this regard. 2. The Banking Regulation Act, 1949 (“the

పిడిఎఫ్ ( 327293 )

ఫిబ్ర 03, 2021

Risk-Based Internal Audit (RBIA)

RBI/2020-21/88 Ref.No.DoS.CO.PPG./SEC.05/11.01.005/2020-21 @@NBSP@@February 03, 2021 The Chairman / Managing Director / Chief Executive Officer All deposit taking Non-Banking Financial Companies (NBFCs) All non-deposit taking NBFCs (including Core Investment Companies) with asset size of ₹5,000 crore and above All Primary (Urban) Co-operative Banks (UCBs) with asset size of ₹500 crore and above Madam / Dear Sir, Risk-Based Internal Audit (RBIA) An independent and effe

పిడిఎఫ్ ( 772402 )

డిసెం 04, 2020

Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Regional Rural Banks (RRBs)

RBI/2020-21/76 DOR.RRB.No.28/31.01.001/2020-21 December 4, 2020 All Regional Rural Banks Madam/ Sir, Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Regional Rural Banks (RRBs) In order to provide an additional avenue for liquidity management to Regional Rural Banks (RRBs), it has been decided that Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) will be extended to Scheduled RRBs meeting the followi

పిడిఎఫ్ ( 244386 )

అక్టో 13, 2020

Submission of returns under Section 31 (read with section 56) of the Banking Regulation Act, 1949 - Extension of time

RBI/2020-2021/55 DoR(PCB). BPD.Cir No.4/12.05.001/2020-21 October 13, 2020 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks,All State Co-operative Banks and Central Co-operative Banks Madam / Dear Sir, Submission of returns under Section 31 (read with section 56) of the Banking Regulation Act, 1949 - Extension of time Please refer to our circular DoR (PCB).BPD.Cir.No.2/12.05.001/2020-21 dated August 26, 2020 issued to a

పిడిఎఫ్ ( 180635 )

అక్టో 07, 2020

Interest Subvention Scheme for MSMEs - Co-operative banks

RBI/2020-21/48 DOR (PCB).BPD.Cir No.3/13.05.001/2020-21 October 7, 2020 The Managing Director / Chief Executive OfficerAll Primary (Urban) Co-operative BanksAll State Co-operative BanksAll District Central Co-operative Banks Dear Sir / Madam, Interest Subvention Scheme for MSMEs – Co-operative banks Government of India, Ministry of Micro, Small and Medium Enterprises (MSMEs) had announced the ‘Interest Subvention Scheme for MSMEs 2018’ on November 2, 2018 for Schedule

పిడిఎఫ్ ( 1041771 )

ఆగ 26, 2020

Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) - Extension of time

RBI/2020-21/28 DoR (PCB).BPD.Cir.No.2/12.05.001/2020-21 August 26, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time In terms of section 31 of the Banking Regulation Act, 1949 (“the Act”) read with Section 56 the Act [as amended by the Banking Regulation (Amendment) Ordinance, 2020], accounts and balance-sheet referred to in sec

పిడిఎఫ్ ( 307757 )

ఆగ 21, 2020

Ad-hoc/Short Review/Renewal of Credit Facilities

RBI/2020-21/27 DoS.CO.PPG.BC.1/11.01.005/2020-21 August 21, 2020 All Scheduled Commercial Banks (excluding RRBs) All Small Finance Banks All Urban Cooperative Banks Madam/Dear Sir, Ad-hoc/Short Review/Renewal of Credit Facilities In terms of circular DBOD.No.BP.(SC).BC.98/21.04.103/99 dated October 7, 1999 on Risk Management System in Banks, Scheduled Commercial Banks (SCBs) are required to put in place a board approved credit policy, which, inter alia, should prescri

పిడిఎఫ్ ( 272901 )

ఆగ 12, 2020

System-based asset classification - UCBs

RBI/2020-21/23 DoR (PCB). BPD. Cir. No.1/13.05.001/2020-21 August 12, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, System-based asset classification - UCBs Please refer to the Master Circular DCBR.BPD. (PCB) MC No.12/09.14.000/2015-16 dated July 1, 2015 containing consolidated instructions on income recognition, asset classification, provisioning and other related matters. 2. In order to improve the efficiency, transparency

పిడిఎఫ్ ( 359803 )

ఏప్రి 24, 2020

Non-achievement of Priority Sector Lending Targets by Primary (Urban) Co-operative Banks (UCBs) - Contribution to the Rural Infrastructure Development Fund (RIDF) and other funds

RBI/2019-20/226 DOR (PCB).BPD.Cir.No.12/09.09.002/2019-20 April 24, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Non-achievement of Priority Sector Lending Targets by Primary (Urban) Co-operative Banks (UCBs) - Contribution to the Rural Infrastructure Development Fund (RIDF) and other funds Please refer to the circular DCBR.BPD (PCB).Cir.No.07/09.09.002/2017-18 dated May 10, 2018 on Revised Guidelines on Lending to Priority

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ఏప్రి 20, 2020

Provisioning on interbank exposure of Primary (Urban) Co-operative Banks (UCBs) under All Inclusive Directions

RBI/2019-20/222DOR.(PCB).BPD.Cir.No.11/16.20.000/2019-20 April 20, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Provisioning on interbank exposure of Primary (Urban) Co-operative Banks (UCBs) under All Inclusive Directions As you are aware, the imposition of All-inclusive Directions (AID) on an Urban Co-operative Bank (UCB), inter alia, restricts the bank from discharging its liabilities except as permitted by RBI. This imp

పిడిఎఫ్ ( 211691 )

మార్చి 13, 2020

Limits on exposure to single and group borrowers/parties and large exposures and Revision in the target for priority sector lending - UCBs

RBI/2019-20/171 DOR (PCB).BPD.Cir No.10/13.05.000/2019-20 March 13, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Limits on exposure to single and group borrowers/parties and large exposures and Revision in the target for priority sector lending – UCBs Please refer to paragraph 1 of the Statement on Developmental and Regulatory Policies dated December 5, 2019 (extract enclosed) and the subsequent draft circular on the subjec

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జన 16, 2020

Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs

RBI/2019-20/144 DoS.OSMOS.No.4633/33.05.018/2019-20 January 16, 2020 Primary (Urban) Co-operative Banks Dear Sir / Madam Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) – UCBs We draw your attention to RBI Circular DOR (PCB). BPD.Cir.No.7/13.05.000/2019-20 dated December 27, 2019 on "Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs". In terms of the instructions, Primary (Urban

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జన 09, 2020

Amendment to Master Direction (MD) on KYC

RBI/2019-20/138 DOR.AML.BC.No.27/14.01.001/2019-20 January 9, 2020 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Amendment to Master Direction (MD) on KYC Government of India, vide Gazette Notification G.S.R. 582(E) dated August 19, 2019 and Gazette Notification G.S.R. 840(E) dated November 13, 2019, has notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. Further, with a view to leveraging the digital c

పిడిఎఫ్ ( 273792 )

జన 06, 2020

Supervisory Action Framework for Primary (Urban) Co-operative Banks (UCBs)

RBI/2019-20/135 DOR (PCB).BPD. Cir No. 9/12.05.001/2019-20 January 6, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Supervisory Action Framework for Primary (Urban) Co-operative Banks (UCBs) Please refer to our circular UBD.BPD.(PCB). Cir No. 3/12.05.001/2014-15 dated November 27, 2014 on the captioned subject containing the Supervisory Action Framework (SAF) for UCBs. Keeping in view the experience gained, it has been decid

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డిసెం 31, 2019

Constitution of Board of Management (BoM) in Primary (Urban) Co-operative Banks (UCBs)

RBI/2019-20/128 DoR (PCB).BPD.Cir.No.8/12.05.002/2019-20 December 31, 2019 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam / Dear Sir, Constitution of Board of Management (BoM) in Primary (Urban) Co-operative Banks (UCBs) Reserve Bank of India had released draft guidelines on constituting BoM in UCBs on June 25, 2018 inviting comments from banks and other stakeholders. Taking into consideration the responses received, it has been decided t

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