Others Notification & Circulars


RBI releases Handbook of Statistics on the Indian Economy 2020-21

 Notification No#PR: 2021-2022/868     15 September 2021

Reserve Bank of India Date : Sep 15, 2021 Today, the Reserve Bank released its annual publication titled “Handbook of Statistics on the Indian Economy, 2020-21” (HBS). This publication, the 23rd in the series, disseminates time series data on various economic and financial indicators..

Posted in Others

India and Singapore to link their Fast Payment Systems – Unified Payments Interface and PayNow

 Notification No#PR : 2021-2022/858     14 September 2021

Reserve Bank of India Date : Sep 14, 2021 The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) announce a project to link their respective fast payment systems viz. Unified Payments Interface (UPI) and PayNow. The linkage is targeted for operationalisation by July 2022. ..

Posted in Others

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..

Posted in Others

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..

Posted in Others

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..

Posted in Others

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 ..

Posted in Others

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..

Posted in Others

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..

Posted in Others

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..

Posted in Others

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..

Posted in Others