New Definition of Micro, Small and Medium Enterprises
June 25, 2021 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…
Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks
June 25, 2021 The Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam/ Dear Sir, With increasing size and scope of business, Primary (Urban) Co-operative Banks (UCBs) are gradually getting exposed…
Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021
June 25, 2021 ToAll Eligible Market Participants Madam / Sir Please refer to the Master Direction – Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021 dated…
Appointment of Managing Director (MD) / Whole-Time Director (WTD) in Primary (Urban) Co-operative Banks
June 25, 2021 The Chairman / Managing Director / Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam / Dear Sir, In terms of powers conferred under Sections 10, 10B, 10BB,…
Declaration of dividends by NBFCs
June 24, 2021 All Non-Banking Financial Companies (NBFCs) Madam / Sir, In order to infuse greater transparency and uniformity in practice, it has been decided to prescribe guidelines on distribution…
Gold (Metal) Loans – Repayment
June 23, 2021 All Scheduled Commercial Banks(excluding Regional Rural Banks) Madam / Dear Sir, Please refer to instructions issued vide circulars DBOD.No.IBS.1519/23.67.001/98-99 dated December 31, 1998, DBOD.No.IBS.3161/23.67.001/98-99 dated June 25,…
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List: Amendment of one entry
June 18, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016…
Liberalised Remittance Scheme for Resident Individuals – Reporting
June 17, 2021 ToAll Category – I Authorised Dealer Banks Madam / Sir, Attention of all Authorised Dealer Category – I (AD Category – I) banks is invited to A.…
Investment in Entities from FATF Non-compliant Jurisdictions
June 14, 2021 All entities authorised to operate Payment Systems in India Madam / Dear Sir, A reference is invited to the circular DOR.CO.LIC.CC No.119/03.10.001/2020-21 dated February 12, 2021 issued…
Bharat Bill Payment System – Addition of Biller Category
June 14, 2021 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…