Project planning can optimise costs and improve operations
The success or failure of any business is a function of effective execution of ideas The old business adage — money saved is money earned — could not have been…
Legal Entity Identifier (LEI) for Borrowers
April 21, 2022 All Scheduled Commercial Banks (Excluding Regional Rural Banks),All India Financial Institutions,Small Finance Banks, Local Area Banks,Primary (Urban) Co-operative Banks, andNon-Banking Financial Companies (including Housing Finance Companies) Madam/Dear…
Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022
April 21, 2022 In exercise of the powers conferred by Sections 35A and Section 56 of the Banking Regulation Act, 1949 and Chapter IIIB of the Reserve Bank of India…
Creation of Honorary Designations at Board level in Urban Co-operative Banks
April 21, 2022 The Chairman / Managing Director / Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam/Dear Sir, It has been observed during the course of supervisory reviews that some…
Streamlining the Process of Public Issues and redressal of Investor grievances
April 20, 2022 ToRecognized Stock ExchangesRegistered Stock BrokersRegistered Merchant BankersRegistered Registrars to an Issue and Share Transfer AgentsDepositories and Registered Depository ParticipantsRegistered Bankers to an IssueSelf Certified Syndicate Banks (SCSBs)National…
Large Exposures Framework for Non-Banking Financial Company – Upper Layer (NBFC-UL)
April 19, 2022 All Non-Banking Financial Companies Madam/ Dear Sir, Please refer to paragraph 3.2.2 (d) of RBI circular DOR.CRE.REC. No.60/03.10.001/2021-22 dated October 22, 2021 on “Scale Based Regulation (SBR)…
Issue and regulation of share capital and securities – State Co-operative Banks and District Central Co-operative Banks
April 19, 2022 The Chief Executive OfficerAll State and Central Co-operative Banks Madam / Dear Sir, The Banking Regulation (Amendment) Act, 2020 (No. 39 of 2020), notified in the Gazette…
Scale Based Regulation (SBR) for NBFCs: Capital requirements for NonBanking Finance Companies – Upper Layer (NBFC-UL)
April 19, 2022 Dear Sir/ Madam, Please refer to the circular DOR.CRE.REC.No.60/03.10.001/2021-22 dated October 22, 2021 on Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs. In terms of…
Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs)
April 19, 2022 To,All Authorized Persons Madam / Sir Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 1 to the Foreign Exchange Management (Debt Instruments) Regulations,…
Loans and Advances – Regulatory Restrictions – NBFCs
April 19, 2022 All Non-Banking Financial Companies Madam/ Dear Sir, In terms of para 3.2.2 (c) and para 3.2.3 (b) & (c) of the circular on Scale Based Regulation (SBR):…