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Enhancements to Indo-Nepal Remittance Facility Scheme

August 27, 2021 The Chairman / Managing Director / Chief Executive Officer of all banks participating in NEFT Madam / Dear Sir, The Indo-Nepal Remittance Facility Scheme (Scheme) was launched…

Master Directions on Prepaid Payment Instruments (PPIs)

August 27, 2021 All Prepaid Payment Instrument Issuers (Banks and Non-banks) and System Participants Madam / Dear Sir, This has reference to the Master Direction dated October 11, 2017 on…

Master Direction – Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021

August 25, 2021 All Commercial Banks (excluding RRBs) Dear Sir / Madam, The Reserve Bank of India has, from time to time, issued several guidelines / instructions / directives to…

Tokenisation – Card Transactions : Extending the Scope of Permitted Devices

August 25, 2021 The Chief Executive Officer / President All authorised card networks We invite reference to our circular DPSS.CO.PD No.1463/02.14.003/2018-19 dated January 08, 2019 on “Tokenisation – Card transactions”,…

Notification as ‘Financial Institution’ under Section 2(1)(m)(iv) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)

August 25, 2021 All Housing Finance Companies (HFCs) Dear Sir/ Madam, Please refer to Para 105 of Master Direction – Non-Banking Financial Company – Housing Finance Company (Reserve Bank) Directions,…

Formation of new district in the State of Punjab – Assignment of Lead Bank Responsibility

August 24, 2021 The Chairman / Managing Director & Chief Executive Officer All Lead Banks Madam/ Dear Sir, The Government of Punjab vide Gazette Notification No.7767 dated June 10, 2021…

Exim Bank’s Government of India supported Line of Credit (LoC) of USD 20.51 million to the Government of the Republic of Guinea

August 19, 2021 All Category – I Authorised Dealer Banks Madam/Sir Export-Import Bank of India (Exim Bank) has entered into an agreement dated September 29, 2020 with the Government of…

Exim Bank’s Government of India supported Line of Credit (LoC) of USD 170 million to the Government of the Republic of Guinea

August 19, 2021 All Category – I Authorised Dealer Banks Madam/Sir Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 05, 2019 with the Government of…

Exim Bank’s Government of India supported Line of Credit (LoC) of USD 20.22 million to the Government of the Republic of Guinea

August 19, 2021 All Category – I Authorised Dealer Banks Madam/Sir Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 05, 2019 with the Government of…

Safe Deposit Locker/Safe Custody Article Facility provided by the banks – Revised Instructions

August 18, 2021 All Scheduled Commercial Banks (including RRBs) All Co-operative Banks All Small Finance Banks All Payments Banks All Local Area Banks Madam/Sir, Please refer to the extant instructions…