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Sep 02, 2024
Review of Extant Instructions – Withdrawal of Circulars

RBI/2024-25/73
CO.FIDD.PCD.BC.No.9/04-04-003/2024-25 September 02, 2024 All Scheduled Commercial Banks Madam /Dear Sir,

RBI/2024-25/73
CO.FIDD.PCD.BC.No.9/04-04-003/2024-25 September 02, 2024 All Scheduled Commercial Banks Madam /Dear Sir,

Aug 06, 2024
Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2024-25

RBI/2024-25/59 FIDD.CO.FSD.BC.No.8/05.02.001/2024-25 August 06, 2024 The Chairman/Managing Director/Chief Executive Officer All Public Sector Banks, Private Sector Banks and Small Finance Banks Madam/Dear Sir, Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2024-25 Please refer to our circular FIDD.CO.FSD.BC.No.13/05.02.001/2022-23 dated November 23, 2022 conveying the decision of the Government of India for continuation of the Modified Interest Subvention Scheme for short term loans for agriculture and allied activities for the years 2022-23 and 2023-24. 

RBI/2024-25/59 FIDD.CO.FSD.BC.No.8/05.02.001/2024-25 August 06, 2024 The Chairman/Managing Director/Chief Executive Officer All Public Sector Banks, Private Sector Banks and Small Finance Banks Madam/Dear Sir, Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2024-25 Please refer to our circular FIDD.CO.FSD.BC.No.13/05.02.001/2022-23 dated November 23, 2022 conveying the decision of the Government of India for continuation of the Modified Interest Subvention Scheme for short term loans for agriculture and allied activities for the years 2022-23 and 2023-24. 

Jun 21, 2024
Priority Sector Lending – Amendments to the Master Directions

RBI/2024-25/44
FIDD.CO.PSD.BC.No.7/04.09.01/2024-25 June 21, 2024 The Chairman / Managing Director/
Chief Executive Officer
[All Commercial Banks including Regional Rural Banks,
Small Finance Banks, Local Area Banks and
Primary (Urban) Co-operative Banks other than Salary Earners’ Banks]

RBI/2024-25/44
FIDD.CO.PSD.BC.No.7/04.09.01/2024-25 June 21, 2024 The Chairman / Managing Director/
Chief Executive Officer
[All Commercial Banks including Regional Rural Banks,
Small Finance Banks, Local Area Banks and
Primary (Urban) Co-operative Banks other than Salary Earners’ Banks]

Mar 22, 2024
Reassignment of Lead Bank Responsibility

RBI/2023-24/139 FIDD.CO.LBS.BC.No.16/02.08.001/2023-24 March 22, 2024 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir,

RBI/2023-24/139 FIDD.CO.LBS.BC.No.16/02.08.001/2023-24 March 22, 2024 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir,

Feb 20, 2024
Formation of new district in the State of Assam – Assignment of Lead Bank Responsibility

RBI/2023-24/123 FIDD.CO.LBS.BC. No.15/02.08.001/ 2023-24 February 20, 2024 The Chairman / Managing Director & Chief Executive OfficerLead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Assam – Assignment of Lead Bank Responsibility

RBI/2023-24/123 FIDD.CO.LBS.BC. No.15/02.08.001/ 2023-24 February 20, 2024 The Chairman / Managing Director & Chief Executive OfficerLead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Assam – Assignment of Lead Bank Responsibility

Jan 19, 2024
Formation of new districts in the State of Madhya Pradesh – Assignment of Lead Bank Responsibility

RBI/2023-24/116 FIDD.CO.LBS.BC. No.14/02.08.001/ 2023-24 January 19, 2024 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new districts in the State of Madhya Pradesh – Assignment of Lead Bank Responsibility The Government of Madhya Pradesh has notified formation of two new districts, viz., Pandhurna vide Gazette Notification No. F-Rev-6-0029-2023-VII-Sec-7 dated October 5, 2023 and Maihar vide Gazette Notification No. F-Rev-6-0030-2023-VII-Sec-7 dated October 05, 2023. Accordingly, it has been decided to designate the Lead Banks of the new districts as below:

RBI/2023-24/116 FIDD.CO.LBS.BC. No.14/02.08.001/ 2023-24 January 19, 2024 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new districts in the State of Madhya Pradesh – Assignment of Lead Bank Responsibility The Government of Madhya Pradesh has notified formation of two new districts, viz., Pandhurna vide Gazette Notification No. F-Rev-6-0029-2023-VII-Sec-7 dated October 5, 2023 and Maihar vide Gazette Notification No. F-Rev-6-0030-2023-VII-Sec-7 dated October 05, 2023. Accordingly, it has been decided to designate the Lead Banks of the new districts as below:

Dec 28, 2023
Classification of MSMEs

RBI/2023-24/100 FIDD.MSME & NFS.BC.No.13 /06.02.31/2023-24; December 28, 2023 The Chairman/ Managing Director/Chief Executive Officer All Scheduled Commercial Banks (except RRBs) (including Small Finance Banks and Local Area Banks) Dear Sir / Madam Classification of MSMEs

RBI/2023-24/100 FIDD.MSME & NFS.BC.No.13 /06.02.31/2023-24; December 28, 2023 The Chairman/ Managing Director/Chief Executive Officer All Scheduled Commercial Banks (except RRBs) (including Small Finance Banks and Local Area Banks) Dear Sir / Madam Classification of MSMEs

Dec 18, 2023
Formation of new district Mauganj in the State of Madhya Pradesh – Assignment of Lead Bank Responsibility

RBI/2023-24/89 FIDD.CO.LBS.BC. No.12/02.08.001/2023-24 December 18, 2023 The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned Madam/ Dear Sir, Formation of new district Mauganj in the State of Madhya Pradesh – Assignment of Lead Bank Responsibility The Government of Madhya Pradesh has notified formation of a new district, viz., Mauganj in the state of Madhya Pradesh vide Gazette

RBI/2023-24/89 FIDD.CO.LBS.BC. No.12/02.08.001/2023-24 December 18, 2023 The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned Madam/ Dear Sir, Formation of new district Mauganj in the State of Madhya Pradesh – Assignment of Lead Bank Responsibility The Government of Madhya Pradesh has notified formation of a new district, viz., Mauganj in the state of Madhya Pradesh vide Gazette

Nov 10, 2023
Formation of new districts in the State of Rajasthan – Assignment of Lead Bank Responsibility

RBI/2022-23/82 FIDD.CO.LBS.BC. No.11/02.08.001/2023-24 November 10, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new districts in the State of Rajasthan – Assignment of Lead Bank Responsibility The Government of Rajasthan has notified formation of 19 new districts in the state of Rajasthan vide Gazette Notifications No.9 (18) Raj-1/2022 (1-14) dated August 5, 2023 (effective from August 7, 2023). Accordingly, it has been decided to designate Lead Banks of the new districts as below:

RBI/2022-23/82 FIDD.CO.LBS.BC. No.11/02.08.001/2023-24 November 10, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new districts in the State of Rajasthan – Assignment of Lead Bank Responsibility The Government of Rajasthan has notified formation of 19 new districts in the state of Rajasthan vide Gazette Notifications No.9 (18) Raj-1/2022 (1-14) dated August 5, 2023 (effective from August 7, 2023). Accordingly, it has been decided to designate Lead Banks of the new districts as below:

Sep 13, 2023
PM Vishwakarma Scheme

RBI/2023-24/61
FIDD.CO.MSME.BC.No.10/06.02.031/2023-24

September 13, 2023

The Chairman/ Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
(including Small Finance Banks and Regional Rural Banks, excluding Payments Banks)
All Primary (Urban) Co-operative Banks/State Co-operative Banks
/ District Central Co-operative Banks
All Non-Banking Financial Companies (excluding housing finance companies)

Madam / Dear Sir,

PM Vishwakarma Scheme

Government of India (GoI) has introduced the ‘PM Vishwakarma Scheme’ which aims to provide support to artisans and craftspeople to enable them to move up the value chain in their respective trades. The Scheme envisages, among other measures, credit support to the beneficiaries at concessional interest rate, with interest subvention support by GoI.

2. In this regard, eligible lending institutions may refer to the Scheme guidelines issued by the Ministry of Micro, Small and Medium Enterprises, for appropriate action.

Yours faithfully,

(Nisha Nambiar)
Chief General Manager

RBI/2023-24/61
FIDD.CO.MSME.BC.No.10/06.02.031/2023-24

September 13, 2023

The Chairman/ Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
(including Small Finance Banks and Regional Rural Banks, excluding Payments Banks)
All Primary (Urban) Co-operative Banks/State Co-operative Banks
/ District Central Co-operative Banks
All Non-Banking Financial Companies (excluding housing finance companies)

Madam / Dear Sir,

PM Vishwakarma Scheme

Government of India (GoI) has introduced the ‘PM Vishwakarma Scheme’ which aims to provide support to artisans and craftspeople to enable them to move up the value chain in their respective trades. The Scheme envisages, among other measures, credit support to the beneficiaries at concessional interest rate, with interest subvention support by GoI.

2. In this regard, eligible lending institutions may refer to the Scheme guidelines issued by the Ministry of Micro, Small and Medium Enterprises, for appropriate action.

Yours faithfully,

(Nisha Nambiar)
Chief General Manager

May 09, 2023
Formation of new district in the State of Arunachal Pradesh - Assignment of Lead Bank Responsibility
RBI/2023-24/28 FIDD.CO.LBS.BC.No.8/02.08.001/2023-24 May 09, 2023 The Chairman / Managing Director & Chief Executive OfficerLead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Arunachal Pradesh – Assignment of Lead Bank Responsibility The Government of Arunachal Pradesh vide Gazette Notification No.Law/Legn-19/2018 dated October 5, 2018 had notified formation of a new district in the state of Arunachal Pradesh. It has been decided to as
RBI/2023-24/28 FIDD.CO.LBS.BC.No.8/02.08.001/2023-24 May 09, 2023 The Chairman / Managing Director & Chief Executive OfficerLead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Arunachal Pradesh – Assignment of Lead Bank Responsibility The Government of Arunachal Pradesh vide Gazette Notification No.Law/Legn-19/2018 dated October 5, 2018 had notified formation of a new district in the state of Arunachal Pradesh. It has been decided to as
May 09, 2023
Formalisation of Informal Micro Enterprises on Udyam Assist Platform
RBI/2023-24/27 FIDD.MSME & NFS.BC.No.09/06.02.31/2023-24 May 09, 2023 The Chairman/ Managing Director/Chief Executive OfficerAll 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 BanksAll-India Financial InstitutionsAll Non-Banking Financial Companies Dear Sir / Madam Formalisation of Informal Micro Enterprises on Udyam Assist Plat
RBI/2023-24/27 FIDD.MSME & NFS.BC.No.09/06.02.31/2023-24 May 09, 2023 The Chairman/ Managing Director/Chief Executive OfficerAll 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 BanksAll-India Financial InstitutionsAll Non-Banking Financial Companies Dear Sir / Madam Formalisation of Informal Micro Enterprises on Udyam Assist Plat
Apr 26, 2023
Merger of Districts in the state of Assam - Assignment of Lead Bank Responsibility
RBI/2023-24/22 FIDD.CO.LBS.BC.No.5/02.08.001/2023-24 April 26, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks concerned Madam/Dear Sir, Merger of Districts in the state of Assam – Assignment of Lead Bank Responsibility The Government of Assam vide Gazette Notification ECF No.263174/1, ECF No.263174/2 and ECF No.263174/3 all dated December 31, 2022 had notified merger of Biswanath, Hojai and Bajali districts with the original undivided d
RBI/2023-24/22 FIDD.CO.LBS.BC.No.5/02.08.001/2023-24 April 26, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks concerned Madam/Dear Sir, Merger of Districts in the state of Assam – Assignment of Lead Bank Responsibility The Government of Assam vide Gazette Notification ECF No.263174/1, ECF No.263174/2 and ECF No.263174/3 all dated December 31, 2022 had notified merger of Biswanath, Hojai and Bajali districts with the original undivided d
Apr 25, 2023
General Credit Card (GCC) Facility - Review
RBI/2023-24/19 FIDD.MSME & NFS.BC.No.06/06.02.31/2023-24 April 25, 2023 The Chairman/Managing Director/ Chief Executive Officer Scheduled Commercial Banks (excluding Payments Banks) and Scheduled Urban Co-operative Banks Dear Sir / Madam General Credit Card (GCC) Facility – Review Please refer to our Circular RPCD.MSME & NFS.BC.No.61/06.02.31/2013-14 dated December 02, 2013 on the Revised General Credit Card (GCC) Scheme. 2. On review of the above, and in the
RBI/2023-24/19 FIDD.MSME & NFS.BC.No.06/06.02.31/2023-24 April 25, 2023 The Chairman/Managing Director/ Chief Executive Officer Scheduled Commercial Banks (excluding Payments Banks) and Scheduled Urban Co-operative Banks Dear Sir / Madam General Credit Card (GCC) Facility – Review Please refer to our Circular RPCD.MSME & NFS.BC.No.61/06.02.31/2013-14 dated December 02, 2013 on the Revised General Credit Card (GCC) Scheme. 2. On review of the above, and in the
Feb 13, 2023
Formation of new district in the State of Sikkim - Assignment of Lead Bank Responsibility
RBI/2022-23/177 FIDD.CO.LBS.BC.No.18/02.08.001/2022-23 February 13, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Sikkim – Assignment of Lead Bank Responsibility The Government of Sikkim, vide Gazette Notification No.50/LR&DMD/ACQ/GOS dated December 20, 2021, had notified formation of a new district in the state of Sikkim. It has been decided to assign the lead ba
RBI/2022-23/177 FIDD.CO.LBS.BC.No.18/02.08.001/2022-23 February 13, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Sikkim – Assignment of Lead Bank Responsibility The Government of Sikkim, vide Gazette Notification No.50/LR&DMD/ACQ/GOS dated December 20, 2021, had notified formation of a new district in the state of Sikkim. It has been decided to assign the lead ba
Jan 13, 2023
Formation of new district in the State of Sikkim - Assignment of Lead Bank Responsibility
RBI/2022-23/165 FIDD.CO.LBS.BC.No.17/02.08.001/2022-23 January 13, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir,Formation of new district in the State of Sikkim – Assignment of Lead Bank Responsibility The Government of Sikkim vide Gazette Notification No.50/LR&DMD/ACQ/GOS dated December 20, 2021 had notified formation of a new district in the state of Sikkim. It has been decided to assign the lead bank r
RBI/2022-23/165 FIDD.CO.LBS.BC.No.17/02.08.001/2022-23 January 13, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir,Formation of new district in the State of Sikkim – Assignment of Lead Bank Responsibility The Government of Sikkim vide Gazette Notification No.50/LR&DMD/ACQ/GOS dated December 20, 2021 had notified formation of a new district in the state of Sikkim. It has been decided to assign the lead bank r
Jan 13, 2023
Formation of new district in the State of Arunachal Pradesh - Assignment of Lead Bank Responsibility
RBI/2022-23/164 FIDD.CO.LBS.BC.No.16/02.08.001/2022-23 January 13, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Arunachal Pradesh – Assignment of Lead Bank Responsibility The Government of Arunachal Pradesh vide Gazette Notification No.Law/Legn-15/2022 dated May 6, 2022 has notified formation of a new district in the state of Arunachal Pradesh. It has been decided to
RBI/2022-23/164 FIDD.CO.LBS.BC.No.16/02.08.001/2022-23 January 13, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Arunachal Pradesh – Assignment of Lead Bank Responsibility The Government of Arunachal Pradesh vide Gazette Notification No.Law/Legn-15/2022 dated May 6, 2022 has notified formation of a new district in the state of Arunachal Pradesh. It has been decided to
Jan 06, 2023
Formation of new districts in the State of Chhattisgarh - Assignment of Lead Bank Responsibility
RBI/2022-23/161 FIDD.CO.LBS.BC.No.15/02.08.001/2022-23 January 06, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/Dear Sir, Formation of new districts in the State of Chhattisgarh – Assignment of Lead Bank Responsibility The Government of Chhattisgarh has notified formation of five new districts in the state of Chhattisgarh vide Gazette Notifications No. F 11-40/2021/Seven 4, No. F 11-08/2022/Seven-4, No. F 11-37/2021/Se
RBI/2022-23/161 FIDD.CO.LBS.BC.No.15/02.08.001/2022-23 January 06, 2023 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/Dear Sir, Formation of new districts in the State of Chhattisgarh – Assignment of Lead Bank Responsibility The Government of Chhattisgarh has notified formation of five new districts in the state of Chhattisgarh vide Gazette Notifications No. F 11-40/2021/Seven 4, No. F 11-08/2022/Seven-4, No. F 11-37/2021/Se

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