Notifications

Co-Lending by Banks and NBFCs to Priority Sector

RBI/2020-21/63 FIDD.CO.Plan.BC.No.8/04.09.01/2020-21 November 05, 2020 The Chairman / Managing Director/Chief Executive OfficerAll Scheduled Commercial Banks(Excluding SFBs, RRBs, UCBs and LABs)All Registered Non-Banking Financial Companies (including Housing Finance Companies) Madam/Dear Sir, Co-Lending by Banks and NBFCs to Priority Sector Please refer to the circular FIDD.CO.Plan.BC.08/04.09.01/2018-19 dated September 21, 2018 on co-origination of loans by banks an

RBI/2020-21/63 FIDD.CO.Plan.BC.No.8/04.09.01/2020-21 November 05, 2020 The Chairman / Managing Director/Chief Executive OfficerAll Scheduled Commercial Banks(Excluding SFBs, RRBs, UCBs and LABs)All Registered Non-Banking Financial Companies (including Housing Finance Companies) Madam/Dear Sir, Co-Lending by Banks and NBFCs to Priority Sector Please refer to the circular FIDD.CO.Plan.BC.08/04.09.01/2018-19 dated September 21, 2018 on co-origination of loans by banks an

Co-Lending by Banks and NBFCs to Priority Sector

Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020

RESERVE BANK OF INDIA (Financial Markets Regulation Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 23rd October, 2020 Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020 No. FEMA.399/RB-2020.– In exercise of the powers conferred by clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank makes the following regulations, to promote orderly development and maintenance of fo

RESERVE BANK OF INDIA (Financial Markets Regulation Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 23rd October, 2020 Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020 No. FEMA.399/RB-2020.– In exercise of the powers conferred by clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank makes the following regulations, to promote orderly development and maintenance of fo

Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020

Review of regulatory framework for Housing Finance Companies (HFCs)

RBI/2020-21/60 DOR.NBFC (HFC).CC.No.118/03.10.136/2020-21 October 22, 2020 To, Housing Finance Companies Madam/ Dear Sir, Review of regulatory framework for Housing Finance Companies (HFCs) Please refer to the Bank’s Press Release No.2019-20/419 dated August 13, 2019 and draft regulatory framework placed in public domain on June 17, 2020 seeking comments from stakeholders. Based on the examination of the inputs received, it has been decided to issue the revised regula

RBI/2020-21/60 DOR.NBFC (HFC).CC.No.118/03.10.136/2020-21 October 22, 2020 To, Housing Finance Companies Madam/ Dear Sir, Review of regulatory framework for Housing Finance Companies (HFCs) Please refer to the Bank’s Press Release No.2019-20/419 dated August 13, 2019 and draft regulatory framework placed in public domain on June 17, 2020 seeking comments from stakeholders. Based on the examination of the inputs received, it has been decided to issue the revised regula

Review of regulatory framework for Housing Finance Companies (HFCs)

Digital Payment Transactions - Streamlining QR Code infrastructure

RBI/2020-21/59DPSS.CO.PD.No.497/02.14.003/2020-21 October 22, 2020 The Chairman / Managing Director / Chief Executive Officer Authorised Payment System Operators (Banks and Non-banks) Madam / Dear Sir, Digital Payment Transactions – Streamlining QR Code infrastructure As you are aware, Reserve Bank had constituted a Committee (Chairperson : Prof Deepak Phatak) to review the current system of Quick Response (QR) Codes in India and suggest measures for moving towards in

RBI/2020-21/59DPSS.CO.PD.No.497/02.14.003/2020-21 October 22, 2020 The Chairman / Managing Director / Chief Executive Officer Authorised Payment System Operators (Banks and Non-banks) Madam / Dear Sir, Digital Payment Transactions – Streamlining QR Code infrastructure As you are aware, Reserve Bank had constituted a Committee (Chairperson : Prof Deepak Phatak) to review the current system of Quick Response (QR) Codes in India and suggest measures for moving towards in

Digital Payment Transactions - Streamlining QR Code infrastructure

Framework for Recognition of a Self-Regulatory Organisation for Payment System Operators

RBI/2020-21/58 DPSS.CO.PD.No.503/02.12.004/2020-21 October 22, 2020 The Chairman / Managing Director / Chief Executive OfficerAuthorised Payment System Operators (Banks and Non-banks) Madam / Dear Sir, Framework for Recognition of a Self-Regulatory Organisation for Payment System Operators Industry self-governance helps in industry-wide smooth operations and ecosystem development. Reserve Bank of India’s Payment and Settlement Systems Vision 2019-21, therefore, envisa

RBI/2020-21/58 DPSS.CO.PD.No.503/02.12.004/2020-21 October 22, 2020 The Chairman / Managing Director / Chief Executive OfficerAuthorised Payment System Operators (Banks and Non-banks) Madam / Dear Sir, Framework for Recognition of a Self-Regulatory Organisation for Payment System Operators Industry self-governance helps in industry-wide smooth operations and ecosystem development. Reserve Bank of India’s Payment and Settlement Systems Vision 2019-21, therefore, envisa

Framework for Recognition of a Self-Regulatory Organisation for Payment System Operators

Inclusion in/exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - Regional Rural Banks (RRBs)

RBI/2020-21/57 DOR.CO RRB.No.25/31.04.002/2020-21 October 20, 2020 All Regional Rural Banks Dear Sir/Madam, Inclusion in/exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - Regional Rural Banks (RRBs) We advise that the names of ten amalgamated Regional Rural Banks have been included and names of 21 erstwhile Regional Rural Banks (RRBs) have been excluded to/from the Second Schedule to the Reserve Bank of India Act, 1934, respectively, by Notif

RBI/2020-21/57 DOR.CO RRB.No.25/31.04.002/2020-21 October 20, 2020 All Regional Rural Banks Dear Sir/Madam, Inclusion in/exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - Regional Rural Banks (RRBs) We advise that the names of ten amalgamated Regional Rural Banks have been included and names of 21 erstwhile Regional Rural Banks (RRBs) have been excluded to/from the Second Schedule to the Reserve Bank of India Act, 1934, respectively, by Notif

Inclusion in/exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - Regional Rural Banks (RRBs)

SLR holdings in HTM category

RBI/2020-2021/54 DoR.No.BP.BC.22/21.04.141/2020-21 October 12, 2020 All Commercial Banks Madam/ Sir, SLR holdings in HTM category Please refer to paragraph 2 of Statement on Developmental and Regulatory Policies of the Monetary Policy Statement, 2020-21 dated October 9, 2020 and our circular DoR.No.BP.BC.9/21.04.141/2020-21 dated September 1, 2020 on the above subject. 2. Banks are permitted to exceed the limit of 25 per cent of the total investments under Held to Mat

RBI/2020-2021/54 DoR.No.BP.BC.22/21.04.141/2020-21 October 12, 2020 All Commercial Banks Madam/ Sir, SLR holdings in HTM category Please refer to paragraph 2 of Statement on Developmental and Regulatory Policies of the Monetary Policy Statement, 2020-21 dated October 9, 2020 and our circular DoR.No.BP.BC.9/21.04.141/2020-21 dated September 1, 2020 on the above subject. 2. Banks are permitted to exceed the limit of 25 per cent of the total investments under Held to Mat

SLR holdings in HTM category

Sovereign Gold Bond Scheme (SGB) 2020-21- Series VII, VIII, IX, X, XI, XII

RBI/2020-2021/52 IDMD.CDD.No.730/14.04.050/2020-21 October 9, 2020 The Chairman& Managing DirectorAll Scheduled Commercial Banks,(Excluding RRBs)Designated Post OfficesStock Holding Corporation of India Ltd.(SHCIL)National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bond Scheme (SGB) 2020-21- Series VII, VIII, IX, X, XI, XII Government of India has vide its Notification No F.No4.(4)-B (W&M)/2020 dated October 9,

RBI/2020-2021/52 IDMD.CDD.No.730/14.04.050/2020-21 October 9, 2020 The Chairman& Managing DirectorAll Scheduled Commercial Banks,(Excluding RRBs)Designated Post OfficesStock Holding Corporation of India Ltd.(SHCIL)National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bond Scheme (SGB) 2020-21- Series VII, VIII, IX, X, XI, XII Government of India has vide its Notification No F.No4.(4)-B (W&M)/2020 dated October 9,

Sovereign Gold Bond Scheme (SGB) 2020-21- Series VII, VIII, IX, X, XI, XII

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

RBI/2020-2021/51 DOR.AML.BC.No.21/14.06.001/2020-21 October 09, 2020 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 – Addition of one entry Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on April 20, 2020, in terms of which “Regulated Entities (REs) shall ensure that in

RBI/2020-2021/51 DOR.AML.BC.No.21/14.06.001/2020-21 October 09, 2020 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 – Addition of one entry Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on April 20, 2020, in terms of which “Regulated Entities (REs) shall ensure that in

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

Export Data Processing and Monitoring System (EDPMS) Module for ‘Caution/De-caution Listing of Exporters’ - Review

RBI/2020-2021/50 A.P. (DIR Series) Circular No.03 October 09, 2020 To All Category - I Authorised Dealer Banks Madam / Sir, Export Data Processing and Monitoring System (EDPMS) Module for ‘Caution/De-caution Listing of Exporters’ - Review Please refer to Para 4 of Statement on Development and Regulatory Policies issued on October 9, 2020. In this connection, attention of Authorised Dealer Category – I banks (AD banks) is invited to Para 3.1 of the APDIR Circular No. 7

RBI/2020-2021/50 A.P. (DIR Series) Circular No.03 October 09, 2020 To All Category - I Authorised Dealer Banks Madam / Sir, Export Data Processing and Monitoring System (EDPMS) Module for ‘Caution/De-caution Listing of Exporters’ - Review Please refer to Para 4 of Statement on Development and Regulatory Policies issued on October 9, 2020. In this connection, attention of Authorised Dealer Category – I banks (AD banks) is invited to Para 3.1 of the APDIR Circular No. 7

Export Data Processing and Monitoring System (EDPMS) Module for ‘Caution/De-caution Listing of Exporters’ - Review