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RBI Governor’s Statement : August 6, 2021

 Notification No#PR : 2021-2022/643     06 August 2021

Date : Aug 06, 2021 The Monetary Policy Committee (MPC) met on 4th, 5th and 6th August 2021. Based on an assessment of the evolving domestic and global macroeconomic and financial conditions and the outlook, the MPC voted unanimously to keep the policy repo rate unchanged at 4 per cent. The MPC a..

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RBI Monetary Policy Statement, 2021-22 Resolution of the Monetary Policy Committee (MPC) August 4-6, 2021

 Notification No#PR : 2021-2022/644     06 August 2021

Date : Aug 06, 2021 On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (August 6, 2021) decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 per cent..

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Guidelines for Implementation of the circular on Opening of Current Accounts by Banks

 Notification No#RBI/2021-22/77 DOR.CRE.REC.35/21.04.048/2021-22     04 August 2021

RBI/2021-22/77 DOR.CRE.REC.35/21.04.048/2021-22 August 04, 2021 To, All Scheduled Commercial Banks All Payments Banks Madam / Dear Sir, Guidelines for Implementation of the circular on Opening of Current Accounts by Banks Please refer to circulars DOR.No.BP.BC/7/21.04.048/2..

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Framework for Outsourcing of Payment and Settlement-related Activities by Payment System Operators

 Notification No#RBI/2021-22/76 CO.DPSS.POLC.No.S-384/02.32.001/2021-2022     03 August 2021

RBI/2021-22/76 CO.DPSS.POLC.No.S-384/02.32.001/2021-2022 August 3, 2021 The Chairman / Managing Director / Chief Executive Officer All Non-Bank Payment System Operators Madam / Dear Sir, Framework for Outsourcing of Payment and Settlement-related Activities by Payment System Operators ..

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Rating of Deposits of HFCs – Approved Credit Rating Agencies and Minimum Investment Grade Credit Rating

 Notification No#RBI/2021-22/74 DOR.FIN.REC.No.34/03.10.136/2021-22     29 July 2021

RBI/2021-22/74 DOR.FIN.REC.No.34/03.10.136/2021-22 July 29, 2021 All deposit taking Housing Finance Companies (HFCs) Madam/ Dear Sir, Rating of Deposits of HFCs – Approved Credit Rating Agencies and Minimum Investment Grade Credit Rating A reference is invited to Para 25.2 of&n..

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Reserve Bank of India announces Digital Payments Index (RBI-DPI) for March 2021

 Notification No#PR : 2021-2022/597     28 July 2021

Reserve Bank of India Reserve Bank of India announces Digital Payments Index (RBI-DPI) for March 2021 Date : Jul 28, 2021 The Reserve Bank had earlier announced construction of a composite Reserve Bank of India – Digital Payments Index (RBI-DPI) with March 2018 as base ..

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Access for Non-banks to Centralised Payment Systems

 Notification No#RBI/2021-22/73 DPSS.CO.LVPD No.S290/04.04.009/2021-22     28 July 2021

Reserve bank of India RBI/2021-22/73 DPSS.CO.LVPD No.S290/04.04.009/2021-22 July 28, 2021 The Chairman / Managing Director / Chief Executive Officer Authorised Non-bank Payment System Providers Madam / Dear Sir, Access for Non-banks to Centralised Payment Systems A reference is i..

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RBI Loans and Advances – Regulatory Restrictions

 Notification No#RBI/2021-22/72 DOR.CRE.REC.No.33/13.03.00/2021-22     23 July 2021

RBI/2021-22/72 DOR.CRE.REC.No.33/13.03.00/2021-22 July 23, 2021 All Scheduled Commercial Banks (excluding RRBs) All Small Finance Banks All Local Area Banks Madam / Dear Sir, Loans and Advances – Regulatory Restrictions Please refer to paragraphs 2.2.1.2, 2.2.1.4 and paragrap..

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Master Direction - RBI [Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)] Directions - 2021

 Notification No#RBI/DOR/2021-22/80 DOR.No.RET.REC.32/12.01.001/2021-22     20 July 2021

RESERVE BANK OF INDIA www.rbi.org.in RBI/DOR/2021-22/80 DOR.No.RET.REC.32/12.01.001/2021-22 July 20, 2021 Master Direction – Reserve Bank of India [Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)] Directions – 2021 In exercise of the powers conferred by Sectio..

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RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on July 16, 2021

 Notification No#Press Release: 2021-2022/536     15 July 2021

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on July 16, 2021, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 14 10:30 AM to 11:00 AM July 30, ..

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