Regulating Commercial Banking

RBI/2019-20/203 DOR.CO.Leg.BC.No.59/09.07.005/2019-20 March 31, 2020 All Scheduled Commercial Banks (including RRBs)All Payments BanksAll Small Finance BanksAll Local Area Banks Dear Sir/Madam Doorstep Banking Services for Senior Citizens and Differently Abled Persons Please refer to para 2(g) of our circular DBR.No.Leg.BC.96/09.07.005/2017-18 dated November 9, 2017 on the captioned subject. 2. Banks were advised to make concerted efforts to offer certain basic bankin

RBI/2019-20/190 DOR.No.Ret.BC.53/12.01.001/2019-20 March 27, 2020 All Scheduled and Non Scheduled Banks Dear Sir/Madam Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.19/12.01.001/2019-20 dated October 04, 2019, on the captioned subject. 2. As announced in the Seventh Bi-Monthly Monetary Policy Statement 2019-20 of March 27, 2020, the Bank Rate is revised downwards by 75 basis points from 5.40 per cent to 4.65 per cent with immediate effect. 3. All pena

RBI/2019-20/187 DOR.BP.BC.No.46/21.04.098/2019-20 March 27, 2020 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) Please refer to paragraph 8 of Statement on Developmental and Regulatory Policies of Seventh Bi-monthly Monetary Policy Statement, 2019-20 dated March 27, 2020 and our circular DBR.BP.BC.No.08/21.04.098/2018-19 dated November 29, 2018 on final Net Stable Funding Rat

RBI/2019-20/186 DOR.No.BP.BC.47/21.04.048/2019-20 March 27, 2020 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 BanksAll All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam/Dear Sir, COVID-19 – Regulatory Package Please refer to the Statement of Development and Regula

RBI/2019-20/178 DOR.No.BP.BC.43 /21.01.003/2019-20 March 23, 2020 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir/Madam, Large Exposures Framework Please refer to our circular No.DBR.No.BP.BC.43/21.01.003/2018-19 dated June 03, 2019 on the captioned subject. 2. In terms of para 7.13 of the circular, any Credit Risk Mitigation (CRM) instrument (e.g. SBLC/BG from Head Office/other overseas branch) from which CRM benefits like shifting of exposur

RBI/2019-20/176 DOR.No.BP.BC.41/08.12.014/2019-20 March 17, 2020 All Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir, Issue of Long Term Bonds by Banks – Financing of Infrastructure and Affordable Housing Please refer to the circular DBOD.BP.BC.No.25/08.12.014/2014-15 dated July 15, 2014 and subsequent circulars on the above subject. Also refer to the circular DBR.BP.BC.No.42/08.12.014/2016-17 dated December 1, 2016 advising that for the purpose of defini

RBI/2019-20/167 DOR.DIR.BC.No.39/13.03.00/2019-20 February 26, 2020 All Scheduled Commercial Banks (excluding RRBs)All Small Finance BanksAll Local Area Banks Madam / Dear Sir, External Benchmark Based Lending – Medium Enterprises Please refer to the circular DBR.DIR.BC.No.14/13.03.00/2019-20 dated September 04, 2019, in terms of which all new floating rate personal or retail loans (housing, auto, etc.) and floating rate loans to Micro and Small Enterprises (MSEs) ext

RBI/2019-20/160 DOR.No.BP.BC.34/21.04.048/2019-20 February 11, 2020 All banks and NBFCs regulated by the Reserve Bank of India Dear Sir/ Madam, Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances Please refer to the circular DBR.No.BP.BC.18/21.04.048/2018-19 dated January 1, 2019. It has been decided to extend the one-time restructuring of MSME advances permitted in terms of the aforesaid circular. Accordingly, a one-time restructuring of exi