Notifications

RBI/2020-21/110 DOR.AML.REC.48/14.01.001/2020-21 March 23, 2021 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Amendment to Master Direction (MD) on KYC – Procedure for Implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967 Please refer to Chapter IX (‘Requirements/obligations under International Agreements Communications from International Agencies’) of the Master Direction on KYC dated February 25, 2016. In terms of ins

RBI/2020-21/109 DOR.No.CRE.BC.47/21.01.003/2020-21 March 23, 2021 All Scheduled Commercial Banks (Excluding Small Finance Banks, Payments BanksLocal Area Banks and Regional Rural Banks) Dear Sir/Madam, Large Exposures Framework – Deferment of applicability of limits on non-centrally cleared derivatives exposures Please refer to circular No.DOR.No.BP.BC.43/21.01.003/2019-20 dated March 23, 2020 on Large Exposures Framework (LEF). 2. On a review it has been decided that

RBI/2020-21/104 DOR.No.CRE.BC.45/21.01.003/2020-21 February 24, 2021 All Scheduled Commercial Banks (Excluding Small Finance Banks, Payments Banks Local Area Banks and Regional Rural Banks) Dear Sir/Madam, Large Exposures Framework – Exemptions Please refer to circular No.DBR.No.BP.BC.43/21.01.003/2018-19 dated June 03, 2019 on Large Exposures Framework (LEF) 2. Paragraph 3 of the Annex to the above circular specifies the exposures that are exempt from the LEF. On a r

RBI/2020-21/73 DOR.FIN.HFC.CC.No.120/03.10.136/2020-21 February 17, 2021 (Updated as on May 05, 2025) (Updated as on October 10, 2024*) (Updated as on March 21, 2024*) (Updated as on December 15, 2023*) (Updated as on October 19, 2023*) (Updated as on August 29, 2023*) (Updated as on June 20, 2023*) (Updated as on December 27, 2022*) (Updated as on September 29, 2022*) (Updated as on August 17, 2022*) (Updated as on July 22, 2022*) (Updated as on June 14, 2022*) (Updated as on April 22, 2022*) (Updated as on April 01, 2022*) (Updated as on December 28, 2021*) (Updated as on October 05, 2021*) (Updated as on August 25, 2021*) (Updated as on July 29, 2021*) Master Direction – Non-Banking Financial Company – Housing Finance Company (Reserve Bank) Directions, 2021 The Reserve Bank of India (the Bank), having considered it necessary in the public interest, and being satisfied that, for the purpose of enabling the Bank to regulate the financial system to the advantage of the country and to prevent the affairs of any Housing Finance Company (HFCs) from being conducted in a manner detrimental to the interest of investors and depositors or in any manner prejudicial to the interest of such HFCs, and in exercise of the powers conferred under sections 45L and 45MA of the Reserve Bank of India Act, 1934 and Sections 30, 30A, 32 and 33 of the National Housing Bank Act, 1987, hereby issues to every HFC, in supersession of the regulations/ directions as given in Chapter XVII of these directions, the Non-Banking Financial Company – Housing Finance Company (Reserve Bank) Directions, 2021 hereinafter specified.

RBI/2020-2021/97 DOR.CO.LIC.CC No.119/03.10.001/2020-21 February 12, 2021 To Non-Banking Financial Companies (NBFCs) (including Housing Finance Companies) andAsset Reconstruction Companies Madam / Dear Sir, Investment in NBFCs from FATF non-compliant jurisdictions The Financial Action Task Force (FATF) periodically identifies jurisdictions with weak measures to combat money laundering and terrorist financing (AML/CFT) in its following publications: i) High-Risk Jurisd

RBI/2020-21/95 DOR.No.LRG.BC.40/21.04.098/2020-21 February 05, 2021 All Commercial Banks (excluding Regional Rural Banks,Local Area Banks and Payments Banks) Dear Sir/Madam, Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) Please refer to our circular DBR.BP.BC.No.106/21.04.098/2017-18 dated May 17, 2018 on Basel III Framework on Liquidity Standards - Net Stable Funding Ratio (NSFR)-Final Guidelines (‘NSFR Guidelines’) and circular DOR.BP.B

RBI/2020-21/93 DOR.CAP.BC.No.34/21.06.201/2020-21 February 5, 2021 All Commercial Banks (Excluding Small Finance Banks, Payments Banks, RRBs and LABs) Dear Sir/Madam, Basel III Capital Regulations- Review of transitional arrangements Please refer to circular DOR.BP.BC.No.15/21.06.201/2020-21 dated September 29, 2020 on ‘Basel III Capital Regulations- Review of transitional arrangements’. 2. In view of the continuing stress on account of COVID-19 and in order to aid in

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

RBI/2020-21/86 DOR.No.CRE.BC.33/21.06.007/2020-21 January 27, 2021 All Scheduled Commercial Banks (Excluding Payment Banks, Local Area Banks and Regional Rural Banks) Dear Sir/Madam, Prudential Guidelines on Capital Adequacy and Market Discipline - New Capital Adequacy Framework (NCAF) - Eligible Credit Rating Agencies – CRISIL Ratings Limited Please refer to the Master Circular DBR.No.BP.BC.4./21.06.001/2015-16 dated July 1, 2015 on 'Prudential Guidelines on Capital