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CRM for offsetting – non-centrally cleared derivative transactions of foreign bank branches in India with their Head Office

 Notification No#RBI/2021-22/97 DOR.CRE.REC.47/21.01.003/2021-22     09 September 2021

RBI/2021-22/97 DOR.CRE.REC.47/21.01.003/2021-22 September 09, 2021 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir/Madam, Large Exposures Framework – Credit Risk Mitigation (CRM) for offsetting – non-centrally cleared derivative transactions of fore..

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Tokenisation of Card Transactions – Enhancements

 Notification No#PR: 2021-2022/823     07 September 2021

Reserve Bank of India Date : Sep 07, 2021 Tokenisation of Card Transactions – Enhancements The Reserve Bank of India (RBI) has today announced the following enhancements to the extant framework on card tokenisation services: the device-based tokenisation framew..

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Tokenisation – Card Transactions: Permitting Card-on-File Tokenisation (CoFT) Services

 Notification No#RBI/2021-22/96 CO.DPSS.POLC.No.S-516/02-14-003/2021-22     07 September 2021

RBI/2021-22/96 CO.DPSS.POLC.No.S-516/02-14-003/2021-22 September 07, 2021 All Payment System Providers and Payment System Participants Madam / Dear Sir, Tokenisation – Card Transactions: Permitting Card-on-File Tokenisation (CoFT) Services We invite reference to our circul..

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RBI Master Direction on Financial Statements - Presentation and Disclosures

 Notification No#RBI/DOR/2021-22/83 DOR.ACC.REC.No.45/21.04.018/2021-22      30 August 2021

Reserve Bank of India RBI/DOR/2021-22/83 DOR.ACC.REC.No.45/21.04.018/2021-22  August 30, 2021 All Commercial Banks and Primary (urban) Cooperative Banks Madam/ Dear Sir, Master Direction on Financial Statements – Presentation and Disclosures The Reserve Bank of India ..

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Guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/ Material Risk Takers and Control Function staff - Clarification

 Notification No#RBI/2021-22/95 DOR.GOV.REC.44/29.67.001/2021-22     30 August 2021

Reserve Bank of India RBI/2021-22/95 DOR.GOV.REC.44/29.67.001/2021-22 August 30, 2021 All Private Sector Banks (including Local Area Banks, Small Finance Banks, Payments Banks) and Foreign Banks operating in India Dear Sir/Madam, Guidelines on Compensation of Whole Time Directors/ C..

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RBI Review of incentive and other measures to enhance distribution of coins

 Notification No#RBI/2021-22/93 DCM (CC) No.97527/03.41.01/2021-22     27 August 2021

Reserve Bank of India RBI/2021-22/93 DCM (CC) No.97527/03.41.01/2021-22 August 27, 2021 The Chairman / Managing Director & Chief Executive Officer (All Scheduled Commercial banks including RRBs) Madam / Dear Sir, Review of incentive and other measures to enhance distribution of..

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Master Directions on Prepaid Payment Instruments (PPIs)

 Notification No#RBI/DPSS/2021-22/82 CO.DPSS.POLC.No.S-479/02.14.006/2021-22     27 August 2021

Reserve Bank  of India RBI/DPSS/2021-22/82 CO.DPSS.POLC.No.S-479/02.14.006/2021-22 August 27, 2021 All Prepaid Payment Instrument Issuers (Banks and Non-banks) and System Participants Madam / Dear Sir, Master Directions on Prepaid Payment Instruments (PPIs) This has refe..

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RBI Enhancements to Indo-Nepal Remittance Facility Scheme

 Notification No#RBI/2021-22/94 CO.DPSS.RPPD.No.S475/04.09.003/2021-22     27 August 2021

Reserve Bank of India RBI/2021-22/94 CO.DPSS.RPPD.No.S475/04.09.003/2021-22 August 27, 2021 The Chairman / Managing Director / Chief Executive Officer of all banks participating in NEFT Madam / Dear Sir, Enhancements to Indo-Nepal Remittance Facility Scheme The Indo-Nepal Remitta..

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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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