Rating of Deposits of HFCs – Approved Credit Rating Agencies and Minimum Investment Grade Credit Rating
July 29, 2021 All deposit taking Housing Finance Companies (HFCs) Madam/ Dear Sir, A reference is invited to Para 25.2 of Master Direction – Non-Banking Financial Company – Housing Finance…
Access for Non-banks to Centralised Payment Systems
July 28, 2021 The Chairman / Managing Director / Chief Executive Officer Authorised Non-bank Payment System Providers Madam / Dear Sir, A reference is invited to Paragraph 9 of the…
Loans and Advances – Regulatory Restrictions
July 23, 2021 All Scheduled Commercial Banks (excluding RRBs) All Small Finance Banks All Local Area Banks Madam / Dear Sir, Please refer to paragraphs 2.2.1.2, 2.2.1.4 and paragraph 2.2.1.5…
Reserve Bank of India Directions, – 2021 on Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR).
In exercise of the powers conferred by Section 35 A of the Banking Regulation Act, 1949 and pursuant to Section 42 of the Reserve Bank of India Act, 1934 and…
Mandatory Leave for Employees Posted in Sensitive Positions or Areas of Operation
July 9, 2021 All 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 Dear Sir,…
Roadmap for LIBOR Transition
July 08, 2021 To The Chief Executive Officer/ Chairman/Managing Director, All Commercial and Co-operative Banks / All India Financial Institutions / Non-Banking Financial Companies including Housing Finance Companies and Standalone…
Inclusion of “Shivalik Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934
July 07, 2021 All Scheduled Commercial Banks Dear Sir/Madam We advise that “Shivalik Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India…
Review of Instructions on Interest on overdue domestic deposits
July 02, 2021 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks All Local Area Banks All Primary (Urban) Co-operative Banks/ District Central Co-operative Banks/ State Co-operative Banks Dear…
Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit – Extension
July 1, 2021 All Scheduled Commercial Banks (excluding RRBs), Small Finance Banks, Primary (Urban) Cooperative Banks and EXIM Bank Dear Sir / Madam, Please refer to the instructions issued vide…
Guidelines for Managing Risk in Outsourcing of Financial Services by Cooperative Banks
June 28, 2021 The Chief Executive Officer All Co-operative Banks Madam / Dear Sir, It is observed that the co-operative banks are increasingly using outsourcing as a means for reducing…