Notifications - RBI - Reserve Bank of India
Notifications
May 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 The circulars listed in the Annexure are withdrawn with effect from close of business today.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
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 The circulars listed in the Annexure are withdrawn with effect from close of business today.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
May 02, 2022
Regulations Review Authority (RRA 2.0) - Interim Recommendations - Withdrawal of Circulars
RBI/2022-23/40 DCM (Admin) No. S172/19.01.010/2022-23 May 02, 2022 All Banks having Currency Chests Madam/ Dear Sir, Regulations Review Authority (RRA 2.0) – Interim Recommendations – Withdrawal of Circulars Please refer to the Press Release dated May 02, 2022 issued on the captioned subject. 2. The circular listed in the Annex is withdrawn with effect from close of business today. Yours faithfully, (Suman Ray) Chief General Manager-in-Charge Encl: As above Annex List
RBI/2022-23/40 DCM (Admin) No. S172/19.01.010/2022-23 May 02, 2022 All Banks having Currency Chests Madam/ Dear Sir, Regulations Review Authority (RRA 2.0) – Interim Recommendations – Withdrawal of Circulars Please refer to the Press Release dated May 02, 2022 issued on the captioned subject. 2. The circular listed in the Annex is withdrawn with effect from close of business today. Yours faithfully, (Suman Ray) Chief General Manager-in-Charge Encl: As above Annex List
May 02, 2022
Regulations Review Authority (RRA 2.0) - Interim Recommendations - Withdrawal of Circulars
RBI/2022-23/39 DoR.RRA.31/01.01.101/2022-23 May 2, 2022 All Scheduled Commercial Banks (including Regional Rural Banks)All Payments BanksAll Small Finance BanksAll Local Area BanksAll Authorized DealersAll Primary (Urban) Co-operative 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 Annexu
RBI/2022-23/39 DoR.RRA.31/01.01.101/2022-23 May 2, 2022 All Scheduled Commercial Banks (including Regional Rural Banks)All Payments BanksAll Small Finance BanksAll Local Area BanksAll Authorized DealersAll Primary (Urban) Co-operative 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 Annexu
May 02, 2022
Review of Minimum Investment Grade Credit Ratings for Deposits of NBFCs
RBI/2022-23/37 DOR.FIN.REC.No.30/03.10.001/2022-23 May 02, 2022 All Deposit taking NBFCs (including deposit taking HFCs) Dear Sir/ Madam, Review of Minimum Investment Grade Credit Ratings for Deposits of NBFCs Please refer to para 9 of Master Direction – Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016 wherein the names of approved credit rating agencies and their respective minimum investment grade credit rating for the pu
RBI/2022-23/37 DOR.FIN.REC.No.30/03.10.001/2022-23 May 02, 2022 All Deposit taking NBFCs (including deposit taking HFCs) Dear Sir/ Madam, Review of Minimum Investment Grade Credit Ratings for Deposits of NBFCs Please refer to para 9 of Master Direction – Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016 wherein the names of approved credit rating agencies and their respective minimum investment grade credit rating for the pu
Apr 29, 2022
Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs
RBI/2022-23/36 DOR.GOV.REC.No.29/18.10.002/2022-23 April 29, 2022 All Non-Banking Financial Companies Madam/Sir, Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs As you are aware, a revised Scale Based Regulatory (SBR) framework for NBFCs was put in place vide circular DOR.CRE.REC.No.60/03.10.001/2021-22 October 22, 2021. In terms of para 3.2.3 (h) of the said circular, in order to address issues arising out of excessive risk
RBI/2022-23/36 DOR.GOV.REC.No.29/18.10.002/2022-23 April 29, 2022 All Non-Banking Financial Companies Madam/Sir, Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs As you are aware, a revised Scale Based Regulatory (SBR) framework for NBFCs was put in place vide circular DOR.CRE.REC.No.60/03.10.001/2021-22 October 22, 2021. In terms of para 3.2.3 (h) of the said circular, in order to address issues arising out of excessive risk
Apr 28, 2022
Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2021-22
RBI/2022-23/35 FIDD.CO.FSD.BC.No.3/05.02.001/2022-23 April 28, 2022 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 2021-22 Please refer to our letter FIDD.CO.FSD.No.342/05.02.001/2020-21 dated October 16, 2020 con
RBI/2022-23/35 FIDD.CO.FSD.BC.No.3/05.02.001/2022-23 April 28, 2022 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 2021-22 Please refer to our letter FIDD.CO.FSD.No.342/05.02.001/2020-21 dated October 16, 2020 con
Apr 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
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
Apr 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
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
Apr 19, 2022
Large Exposures Framework for Non-Banking Financial Company - Upper Layer (NBFC-UL)
RBI/2022-23/32 DOR.CRE.REC.24/21.01.003/2022-23 April 19, 2022 All Non-Banking Financial Companies Madam / Dear Sir, Large Exposures Framework for Non-Banking Financial Company - Upper Layer (NBFC-UL) Please refer to paragraph 3.2.2 (d) of RBI circular DOR.CRE.REC.No.60/03.10.001/2021-22 dated October 22, 2021 on “Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs”, in terms of which a Large Exposure Framework (LEF) is prescribed for NBFCs in the U
RBI/2022-23/32 DOR.CRE.REC.24/21.01.003/2022-23 April 19, 2022 All Non-Banking Financial Companies Madam / Dear Sir, Large Exposures Framework for Non-Banking Financial Company - Upper Layer (NBFC-UL) Please refer to paragraph 3.2.2 (d) of RBI circular DOR.CRE.REC.No.60/03.10.001/2021-22 dated October 22, 2021 on “Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs”, in terms of which a Large Exposure Framework (LEF) is prescribed for NBFCs in the U
Apr 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
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
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