Others Notification & Circulars

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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Reserve Bank of India takes supervisory action on Mastercard Asia / Pacific Pte. Ltd.

 Notification No#Press Release: 2021-2022/530     14 July 2021

The Reserve Bank of India (RBI) has today imposed restrictions on Mastercard Asia / Pacific Pte. Ltd. (Mastercard) from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021. Notwithstanding lapse of considerable time and adequate opportunities being ..

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Issue and Regulation of share capital and securities - Primary (Urban) Cooperative Banks - Draft circular for comments

 Notification No#Press Release: 2021-2022/527     14 July 2021

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), and deemed to have come into force with effect from June 29, 2020 for Primary (Urban) Co-operative Banks (UCBs), has inter alia, made am..

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RBI notification on Cassette - Swaps in ATMs

 Notification No#RBI/2021-22/71 DCM (Plg.) No.S39/10.25.007/2021-22     12 July 2021

RBI/2021-22/71 DCM (Plg.) No.S39/10.25.007/2021-22 July 12, 2021 The Chairman / Managing Director & Chief Executive Officer All Scheduled Commercial Banks including RRBs Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks. Madam / Dear Sir, C..

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Retail Direct Scheme: Allowing Retail Investors to Open Gilt Accounts with RBI

 Notification No#Press Release: 2021-2022/518     12 July 2021

Reserve Bank of India Retail Direct Scheme: Allowing Retail Investors to Open Gilt Accounts with RBI Date : Jul 12, 2021 As part of continuing efforts to increase retail participation in government securities, ‘the RBI Retail Direct’ facility was announced in the Statement ..

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Mandatory Leave for Employees Posted in Sensitive Positions or Areas of Operation

 Notification No#RBI/2021-22/70 DoR.ORG.REC.31/21.06.017/2021-22     09 July 2021

RBI/2021-22/70 DoR.ORG.REC.31/21.06.017/2021-22 July 9, 2021 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 Banks Dear Sir, Mandatory Leave fo..

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Roadmap for LIBOR Transition

 Notification No#RBI/2021-22/69 CO.FMRD.DIRD.S39/14.02.001/2021-22     08 July 2021

RBI/2021-22/69 CO.FMRD.DIRD.S39/14.02.001/2021-22 July 08, 2021 To The Chief Executive Officer/ Chairman/Managing Director, All Commercial and Co-operative Banks / All India Financial Institutions / Non-Banking Financial Companies including Housing Finance Companies and Standalone Primary..

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Improvements in Faceless Assessment - Measures for expediting Customs clearances - reg.

 Notification No#Circular No. 14/2021-Customs     07 July 2021

Circular No. 14/2021-Customs F. No.450/26/2019-Cus. IV(Pt) Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Customs) ***** Room No. 227 B, North Block, New Delhi, dated 7th of July, 2021. To, All Principal Chief Commissioners..

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Inclusion of “Shivalik Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

 Notification No#RBI/2021-22/68 DoR.RET.REC.30/12.07.150/2021-22     07 July 2021

RBI/2021-22/68 DoR.RET.REC.30/12.07.150/2021-22 July 07, 2021 All Scheduled Commercial Banks Dear Sir/Madam Inclusion of “Shivalik Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that “Shivalik Small Finance Bank L..

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