Implementation of ‘Core Financial Services Solution’ by Non-Banking Financial Companies (NBFCs)
February 23, 2022 All Non-Banking Financial Companies Madam / Dear Sir, A reference is invited to para 3.2.3 (j) of the Reserve Bank’s Circular Ref. DOR.CRE.REC.No.60/03.10.001/2021-22 dated October 22, 2021…
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934- Sikkim State Co-operative Bank Ltd.
February 18, 2022 All State Co-operative Banks/Central Co-operative Banks Madam/ Sir, We advise that the name of ‘Sikkim State Co-operative Bank Ltd.’ has been included in the Second Schedule to…
Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Clarifications
February 15, 2022 All Commercial Banks (including Small Finance Banks, Local Area Banks and RegionalRural Banks) excluding Payments BanksAll Primary (Urban) Co-operative Banks/State Co-operative Banks/District Central Cooperative BanksAll-India Financial Institutions…
Review of Articles of Association (AOA) of Indian Institute of Insurance Surveyors and Loss Assessors (IIISLA)
l4th February,2022 The Authority had constituted Surveyors and Loss Assessors Committee vide Order No. IRDA/SURV/ORDER/MISC/10010412020 dated 2410412020. This committee is constituted as per Regulations 10 of IRDAI (Insurance Surveyors &…
Companies (Accounts) Amendment Rules, 2022.
New Delhi, the 11th February, 2022 G.S.R. 107(E).—In exercise of the powers conferred by sub-sections (1) and (3) of section 128, sub section (3) of section 129, section 133, section…
Rupee Interest Rate Derivatives (Reserve Bank) Directions – Review
February 10, 2022 To, All Eligible Market Participants Madam / Sir, Please refer to Paragraph 5 of the Statement on Developmental and Regulatory Policies, issued as a part of the…
‘Voluntary Retention Route’ (VRR) for Foreign Portfolio Investors (FPIs) investment in debt
February 10, 2022 ToAll Authorized Persons Madam / Sir Please refer to paragraph 3 of the Statement on Developmental and Regulatory Policies dated February 10, 2022 regarding enhancement of the…
Transactions in Credit Default Swap (CDS) by Foreign Portfolio Investors – Operational Instructions
February 10, 2022 To, All Authorised Persons Madam / Sir Attention of Authorised Persons is invited to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 , as amended from time…
Master Direction – Reserve Bank of India (Credit Derivatives) Directions, 2022
February 10, 2022 To,All Eligible Market Participants Madam/Sir, Please refer to Paragraph 4 of the Statement on Developmental and Regulatory Policies announced as a part of the Bi-monthly Monetary Policy…
Master Circular – Asset Reconstruction Companies
Febraury 10, 2022 All Asset Reconstruction Companies Dear Sir/Madam, In order to have all current instructions/ guidelines on the subject at one place, the Reserve Bank of India issues updated…