Lending by Commercial Banks to NBFCs and Small Finance Banks (SFBs) to NBFC-MFIs, for
the purpose of on-lending to priority sectors
May 13, 2022 The Chairman/ Managing Director/Chief Executive OfficerAll Scheduled Commercial Banks (Including Small Finance Banks)(Excluding Regional Rural Banks, Urban Co-operative Banks and Local Area Banks) Dear Sir/Madam, Please refer…
Income–tax (Fifteenth Amendment) Rules, 2022.
G.S.R. 346(E).––In exercise of the powers conferred by clause (vii) of sub-section (1), sub-section(6A) ofsection 139A, and clause (ab) of Explanation to the said section read with section 295 of…
Income-tax (Fourteenth Amendment) Rules, 2022.
G.S.R. 343(E).—In exercise of the powers conferred by clauses (i), (ii), (iii) and (iv) of first proviso to clause(23C) of section 10, ninth proviso to clause (23C) of section 10,…
Income-tax Amendment (Thirteenth Amendment) Rules, 2022.
G.S.R. 341(E).—In exercise of the powers conferred by the Explanation 3 to clause (23FE) of section 10 and fourth, fifth and sixth provisos to clause (23FE) of section 10, read…
Exim Bank’s Government of India supported additional Line of Credit (LoC) of
USD 190 million to the SBM (Mauritius) Infrastructure Development Company Ltd
May 05, 2022 All Category – I Authorised Dealer BanksMadam/Sir Export-Import Bank of India (Exim Bank) has entered into an agreement dated January 06, 2022 with the SBM (Mauritius) Infrastructure…
Maintenance of Cash Reserve Ratio (CRR)
May 04, 2022 All BanksMadam/Sir, Please refer to our circular DOR.No.Ret.BC.35/12.01.001/2020-21 dated February 05, 2021 and relative notification on the captioned subject. 2. As announced in the Governor’s Statement dated…
Change in Bank Rate
May 04, 2022 All BanksMadam/Sir, Please refer to our circular DOR.No.Ret.BC.74/12.01.001/2019-20 dated May 22, 2020 on the captioned subject. 2. As announced in the Monetary Policy Statement 2022-23 dated May…
Standing Liquidity Facility for Primary Dealers
May 4, 2022 All Primary Dealers, In the Monetary Policy Statement 2022-23, dated May 4, 2022, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been increased by…
ASBA designated branches to remain open for public on May 8, 2022 (Sunday) to facilitate processing of applications for LIC IPO
May 4, 2022 All Scheduled Commercial BanksMadam/ Dear Sir The Government of India, in order to facilitate bidding for LIC IPO, has requested that all bank branches designated to process…
Liquidity Adjustment Facility- Change in rates
May 04, 2022 All Liquidity Adjustment Facility (LAF) participantsMadam/Sir, As announced in the Monetary Policy Statement, 2022-23, today, it has been decided by the Monetary Policy Committee (MPC) to increase…