Provisioning for Standard assets by Non-Banking Financial Company – Upper Layer
June 6, 2022 All Non-Banking Financial Companies(Including Housing Finance Companies) Madam / Dear Sir, 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…
Master Direction – Reserve Bank of India (Variation Margin) Directions, 2022
June 01, 2022 To All Eligible Market Participants Madam/Sir Please refer to Paragraph 10 of the Statement on Developmental and Regulatory Policies announced as a part of the Bi-monthly Monetary…
Interest Equalization Scheme (IES) on Pre and Post Shipment Rupee Export Credit – Extension
May 31, 2022 All Scheduled Commercial Banks (excluding RRBs),Small Finance Banks,Primary (Urban) Cooperative Banks & State Cooperative Banks (scheduled banks havingAD category-I license), andExim Bank Dear Sir / Madam, Please…
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List : Amendment in 6 entries (individuals)
May 30, 2022 The Chairpersons/ CEOs of all the Regulated EntitiesMadam/Dear Sir, Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as…
Bharat Bill Payment System – Amendment to guidelines
May 26, 2022 The Chairman and Managing Director / Chief Executive OfficerNPCI Bharat BillPay Ltd. / Bharat Bill Payment System Providers /Participants and prospective Bharat Bill Payment Operating Units 1.…
Guidelines on import of gold by Qualified Jewellers as notified by – The International Financial Services Centers Authority (IFSCA)
May 25, 2022 ToAll Category-I Authorised Dealer BanksMadam/Sir, Directorate General of Foreign Trade (DGFT) formulate and implement the Foreign Trade Policy and Procedures in terms of Foreign Trade (Development and…
Housing Finance – Loans for repairs/additions/alterations – Enhancement of limits
May 24, 2022 Please refer to para 2 of the circular UBD.CO.BPD.(PCB).Cir.No.13/09.22.010/2013-14 dated September 10, 2013 on the captioned subject, wherein, the ceiling on loans to individuals for carrying out…
Interoperable Card-less Cash Withdrawal (ICCW) at ATMs
May 19, 2022 The Chairman and Managing Director / Chief Executive OfficerScheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks / Payment Banks…
New Definition of Micro, Small and Medium Enterprises – Clarification
May 19, 2022 The Chairman/ Managing Director/Chief Executive OfficerAll Commercial Banks(including Small Finance Banks, Local Area Banks and Regional Rural Banks)All Primary (Urban) Co-operative Banks/State Co-operative Banks/District Central Co-operative Banks…
Kisan Credit Card Scheme – Eligibility criteria for farmers engaged in fisheries/aquaculture
May 18, 2022 Please refer to Para 3.1.1.2 of our circular FIDD.CO.FSD.BC.12/05.05.010/2018-19 dated February 04, 2019 on Kisan Credit Card (KCC) Scheme: Working Capital for Animal Husbandry and Fisheries. It…