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  • Underwriting Auction for sale of Government Securities for ₹33000 crore on April 29, 2022

Underwriting Auction for sale of Government Securities for ₹33000 crore on April 29, 2022

Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on April 29, 2022. As per the extant scheme of underwriting notified…

Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2021-22

April 28, 2022 The Chairman / Managing Director / Chief Executive OfficerAll Public Sector Banks, Private Sector Banks andSmall Finance Banks Madam/Dear Sir, Please refer to our letter FIDD.CO.FSD.No.342/05.02.001/2020-21 dated…

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…

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):…