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Corporate Governance in Banks -Appointment of Directors and Constitution of Committees of the Board

April 26, 2021 To Commercial Banks(as per applicability) Madam / Sir, Corporate Governance in Banks –Appointment of Directors and Constitution of Committees of the Board A Discussion Paper on ‘Governance…

Declaration of dividends by banks

April 22, 2021 All Commercial Banks and Cooperative Banks, Madam / Sir, Declaration of dividends by banks Please refer to our circular DOR.BP.BC.No.29/21.02.067/2020-21 dated December 4, 2020, and other associated…

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

April 20, 2021 The Chairmen / Managing Directors & Chief Executive OfficersAll Lead Banks Madam/ Dear Sir, Formation of new district in the State of Tamil Nadu –Assignment of Lead…

Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit-Extension

April 12, 2021 All Scheduled Commercial Banks (excluding RRBs)Small Finance Banks, Primary (Urban) Cooperative Banksand EXIM Bank Dear Sir / Madam, Interest Equalization Scheme on Pre and Post Shipment Rupee…

Implementation of Section 51A of UAPA, 1967 and Security Council Resolution: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List & Democratic People’s Republic of Korea (DPRK)Order, 2017

April 08, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, 1. Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25,…

Enhancement of limit of maximum balance per customer at end of the day from ₹1 lakh to ₹2 lakh – Payments Banks (PBs)

April 8, 2021 Chief Executive Officers of Payments BanksDear Sir/Madam, Enhancement of limit of maximum balance per customer at end of the day from ₹1 lakh to ₹2 lakh –…

Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)

April 05, 2021 The Chairman & Managing Director \ CEOAll Scheduled Commercial Banks &Small Finance Banks Dear Sir/Madam, Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes…

Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)

April 05, 2021 The Chairman & Managing Director/CEOAll Scheduled Commercial Banks &Small Finance Banks Madam/Dear Sir, Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) Please refer to the Master…

Priority Sector Lending (PSL) – Increase in limits for bank lending against Negotiable Warehouse Receipts (NWRs) / electronic Negotiable Warehouse Receipts (eNWRs)

April 7, 2021 The Chairman / Managing Director/Chief Executive Officer Dear Sir/Madam Priority Sector Lending (PSL) – Increase in limits for bank lending against Negotiable Warehouse Receipts (NWRs) / electronic…

Priority Sector Lending (PSL) – Lending by banks to NBFCs for On-Lending

April 7, 2021 The Chairman/ Managing DirectorChief Executive OfficerAll Scheduled Commercial Banks(Excluding Regional Rural Banks, Small Finance Banks, Urban Co-operative Banks and Local Area Banks) Dear Sir/Madam Priority Sector Lending…