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…
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…
Review of Minimum Investment Grade Credit Ratings for Deposits of NBFCs
May 02, 2022 All Deposit taking NBFCs (including deposit taking HFCs)Dear Sir/ Madam, Please refer to para 9 of Master Direction – Non-Banking Financial Companies Acceptance of Public Deposits (Reserve…
Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs
April 29, 2022 As you are aware, a revised Scale Based Regulatory (SBR) framework for NBFCs was put in place vide circular DOR.CRE.REC.No.60/03.10.001/2021-22 October 22, 2021 In terms of para…
Report on Currency and Finance (RCF) for the year 2021-22
The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2021-22 today. The theme of the Report is “Revive and Reconstruct” in the…