Others Notification & Circulars


RBI appoints Shri Ajay Kumar as new Executive Director

 Notification No#PR : 2021-2022/746     26 August 2021

 Reserve Bank of India Date : Aug 26, 2021 The Reserve Bank of India has appointed Shri Ajay Kumar as Executive Director (ED) with effect from August 20, 2021. Prior to being promoted as ED, Shri Ajay Kumar was heading the New Delhi Regional Office of the Bank as Regional Director. Sh..

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Payments Infrastructure Development Fund – Inclusion of PM SVANidhi Scheme beneficiaries

 Notification No#PR : 2021-2022/747     26 August 2021

Reserve Bank of India Date : Aug 26, 2021 The Payments Infrastructure Development Fund (PIDF) Scheme was announced by the Reserve Bank on January 5, 2021. The objective of the scheme was to encourage deployment of Points of Sale (PoS) infrastructure (both physical and digital mo..

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Notification as ‘Financial Institution’ under Section 2(1)(m)(iv) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)

 Notification No#RBI/2021-22/91 DOR.FIN.REC.No.41/03.10.136/2021-22     25 August 2021

RBI/2021-22/91 DOR.FIN.REC.No.41/03.10.136/2021-22 August 25, 2021 All Housing Finance Companies (HFCs) Dear Sir/ Madam, Notification as ‘Financial Institution’ under Section 2(1)(m)(iv) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Int..

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Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021

 Notification No#RBI/DOR/2021-22/81 DOR.MRG.42/21.04.141/2021-22 August 25, 2021     25 August 2021

RBI/DOR/2021-22/81 DOR.MRG.42/21.04.141/2021-22 August 25, 2021 All Commercial Banks (excluding RRBs) Dear Sir / Madam, Master Direction - Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021 The Reserve Bank of India has, from time to t..

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Safe Deposit Locker/Safe Custody Article Facility provided by the banks – Revised Instructions

 Notification No#RBI/2021-2022/86 DOR.LEG.REC/40/09.07.005/2021-22     18 August 2021

RBI/2021-2022/86 DOR.LEG.REC/40/09.07.005/2021-22 August 18, 2021 All Scheduled Commercial Banks (including RRBs) All Co-operative Banks All Small Finance Banks All Payments Banks All Local Area Banks Madam/Sir, Safe Deposit Locker/Safe Custody Article Facility provided by the banks..

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RBI Monitoring of Availability of Cash in ATMs

 Notification No#RBI/2021-22/84 DCM (RMMT) No.S153/11.01.01/2021-22     10 August 2021

RBI/2021-22/84 DCM (RMMT) No.S153/11.01.01/2021-22 August 10, 2021 The Chairman / Managing Director & CEO All Banks Dear Sir / Madam, Monitoring of Availability of Cash in ATMs As you are aware, the Reserve Bank of India has a mandate to issue banknotes and the banks are fulfil..

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Enhancement of collateral free loans to Self Help Groups (SHGs) under DAY-NRLM from Rs. 10 lakh to Rs. 20 Lakh

 Notification No#RBI/2021-22/83 FIDD.GSSD.CO.BC.No.09/09.01.003/2021-22     09 August 2021

RBI/2021-22/83 FIDD.GSSD.CO.BC.No.09/09.01.003/2021-22 August 9, 2021 The Chairman/ Managing Director/Chief Executive Officer Public Sector Banks Private Sector Banks (including Small Finance Banks) Madam/Dear Sir, Enhancement of collateral free loans to Self Help Groups (SHGs) under..

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Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF) - Extension of Relaxation

 Notification No#RBI/2021-22/82 DOR.RET.REC.36/12.01.001/2021-22     09 August 2021

RBI/2021-22/82 DOR.RET.REC.36/12.01.001/2021-22 August 09, 2021 All Scheduled Banks Madam/Sir Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF) - Extension of Relaxation Please refer to ..

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RBI Export Credit in Foreign Currency – Benchmark Rate

 Notification No#RBI/2021-2022/79 DOR.DIR.REC.37/04.02.002/2021-22     06 August 2021

RBI/2021-2022/79 DOR.DIR.REC.37/04.02.002/2021-22 August 6, 2021 All Scheduled Commercial Banks (excluding Regional Rural Banks) All Primary (Urban) Co-operative Banks1 All Small Finance Banks Dear Sir / Madam, Export Credit in Foreign Currency – Benchmark Rate Please refer ..

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Prudential Norms for Off-Balance Sheet Exposures of Banks – Restructuring of derivative contracts

 Notification No#RBI/2021-22/81 DOR.MRG.39/21.04.157/2021-22     06 August 2021

RBI/2021-22/81 DOR.MRG.39/21.04.157/2021-22 August 06, 2021 All Banks Madam / Dear Sir, Prudential Norms for Off-Balance Sheet Exposures of Banks – Restructuring of derivative contracts Please refer to paragraph 2.2 of our circular DBOD.No.BP.BC.57/21.04.157/2008-09 dated ..

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