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Month: April 2021

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  • Enhancement of limit of maximum balance per customer at end of the day from ₹1 lakh to ₹2 lakh – Payments Banks (PBs)

Enhancement of limit of maximum balance per customer at end of the day from ₹1 lakh to ₹2 lakh – Payments Banks (PBs)

April 8, 2021 Chief Executive Officers of Payments BanksDear Sir/Madam, Enhancement of limit of maximum balance per customer at end of the day from ₹1 lakh to ₹2 lakh –…

Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)

April 05, 2021 The Chairman & Managing Director \ CEOAll Scheduled Commercial Banks &Small Finance Banks Dear Sir/Madam, Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes…

Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)

April 05, 2021 The Chairman & Managing Director/CEOAll Scheduled Commercial Banks &Small Finance Banks Madam/Dear Sir, Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) Please refer to the Master…

Priority Sector Lending (PSL) – Increase in limits for bank lending against Negotiable Warehouse Receipts (NWRs) / electronic Negotiable Warehouse Receipts (eNWRs)

April 7, 2021 The Chairman / Managing Director/Chief Executive Officer Dear Sir/Madam Priority Sector Lending (PSL) – Increase in limits for bank lending against Negotiable Warehouse Receipts (NWRs) / electronic…

Priority Sector Lending (PSL) – Lending by banks to NBFCs for On-Lending

April 7, 2021 The Chairman/ Managing DirectorChief Executive OfficerAll Scheduled Commercial Banks(Excluding Regional Rural Banks, Small Finance Banks, Urban Co-operative Banks and Local Area Banks) Dear Sir/Madam Priority Sector Lending…

External Commercial Borrowings (ECB) Policy – Relaxation in the period of parking of unutilised ECB proceeds in term deposits

April 07, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy – Relaxation in the period ofparking of unutilised ECB proceeds in term deposits…

Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package

April 7, 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 BanksAll All-India Financial InstitutionsAll…

Reporting and Accounting of Central Government transactions of March 2021 –Change of date of closure

April 07, 2021 All Agency Banks Madam/Dear Sir, Reporting and Accounting of Central Government transactions of March 2021 –Change of date of closure Please refer Circular DGBA.GBD.No.S-140/42.01.029/2020-21 dated March 18,…

Gold Monetization Scheme (GMS), 2015

April 5, 2021 All Scheduled Commercial Banks(excluding Regional Rural Banks) Dear Sir/Madam Gold Monetization Scheme (GMS), 2015 In exercise of the powers conferred on the Reserve Bank of India under…

Powers granted by CBDT to Director of Income tax (centralized processing centre), Bengaluru and commissioner of Income tax(Exemption), Bangalore.

New Delhi, the 1st April, 2021 INCOME – TAX S.O. 1443(E).—In exercise of the powers conferred by clause (i) of sub-rule (1), sub-rule (5) and sub-rule (6) of rule 2C…