Investment by Foreign Portfolio Investors (FPI) in Government Securities: Medium Term Framework (MTF)
May 31, 2021 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,…
Formation of new district in the State of Karnataka – Assignment of Lead Bank Responsibility
May 27, 2021 The Chairman / Managing Director & Chief Executive OfficerAll Lead Banks Dear Sir/Madam, The Government of Karnataka vide Gazette Notification No.RD/04/LRD/2019 dated February 08, 2021 had notified…
Amalgamation of District Central Co-operative Banks (DCCBs) with the State Cooperative Bank (StCB) – Guidelines
May 24, 2021 All State and Central Cooperative Banks Dear Sir/ Madam, The Banking Regulation (Amendment) Act, 2020 (39 of 2020) has been notified for the State Co-operative Banks (StCBs)…
Relaxation in timeline for compliance with various payment system requirements.
May 21, 2021 The Chairman / Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks, including Regional Rural Banks /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks…
Prepaid Payment Instruments (PPIs) –(i) Mandating Interoperability;(ii) Increasing the Limit to ₹2 lakh for Full-KYC PPIs; and (iii) Permitting Cash Withdrawal from Full-KYC PPIs of Non-Bank PPI Issuers
May 19, 2021 All Bank and Non-Bank Prepaid Payment Instrument Issuers,System Providers and System Participants Madam / Dear Sir, This has reference to paragraphs 10 and 11 of the Statement…
Sovereign Gold Bond Scheme (SGB) 2021-22- Series I/II/III/IV/V/VI
May 14, 2021 The Chairman & Managing DirectorAll Scheduled Commercial Banks,(Excluding RRBs)Designated Post OfficesStock Holding Corporation of India Ltd. (SHCIL)National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd.…
Sponsor Contribution to an AIF set up in Overseas Jurisdiction, including IFSCs
May 12, 2021 To All Category-I Authorised Dealer Banks Madam/ Sir Sponsor Contribution to an AIF set up in Overseas Jurisdiction, including IFSCs Attention of AD Category – I banks…
Banking Regulation Act, 1949 – Section 26A Depositor Education and Awareness Fund Scheme, 2014 – Interest rates payable on unclaimed interest bearing deposit
May 11, 2021 The Managing Director & CEO/Chief Executive OfficersAll Scheduled Commercial Banks (including RRBs)Local Area Banks (LABs)Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks/Small Finance Banks/Payments…
Government Agency Business Arrangement – Appointment of Scheduled Private Sector Banks as Agency Banks of Reserve Bank of India (RBI)
May 10, 2021 All Scheduled Commercial Banks in India Dear Sir / Madam Government Agency Business Arrangement – Appointment of Scheduled Private Sector Banks as Agency Banks of Reserve Bank…
Amendment to the Master Direction (MD) on KYC
May 10, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Sir, Amendment to the Master Direction (MD) on KYC Please refer to the Master Direction (MD) on KYC dated…