Liquidity Adjustment Facility- Change in rates
May 04, 2022 All Liquidity Adjustment Facility (LAF) participantsMadam/Sir, As announced in the Monetary Policy Statement, 2022-23, today, it has been decided by the Monetary Policy Committee (MPC) to increase…
Monetary Policy Statement, 2021-22 Resolution of the Monetary Policy Committee (MPC) May 2 and 4, 2022
May 04, 2022 On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (May 4, 2022) decided to:…
Review of Minimum Investment Grade Credit Ratings for Deposits of NBFCs
May 02, 2022 All Deposit taking NBFCs (including deposit taking HFCs)Dear Sir/ Madam, Please refer to para 9 of Master Direction – Non-Banking Financial Companies Acceptance of Public Deposits (Reserve…
Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs
April 29, 2022 As you are aware, a revised Scale Based Regulatory (SBR) framework for NBFCs was put in place vide circular DOR.CRE.REC.No.60/03.10.001/2021-22 October 22, 2021 In terms of para…
Report on Currency and Finance (RCF) for the year 2021-22
The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2021-22 today. The theme of the Report is “Revive and Reconstruct” in the…
Underwriting Auction for sale of Government Securities for ₹33000 crore on April 29, 2022
Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on April 29, 2022. As per the extant scheme of underwriting notified…
Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2021-22
April 28, 2022 The Chairman / Managing Director / Chief Executive OfficerAll Public Sector Banks, Private Sector Banks andSmall Finance Banks Madam/Dear Sir, Please refer to our letter FIDD.CO.FSD.No.342/05.02.001/2020-21 dated…
Legal Entity Identifier (LEI) for Borrowers
April 21, 2022 All Scheduled Commercial Banks (Excluding Regional Rural Banks),All India Financial Institutions,Small Finance Banks, Local Area Banks,Primary (Urban) Co-operative Banks, andNon-Banking Financial Companies (including Housing Finance Companies) Madam/Dear…
Creation of Honorary Designations at Board level in Urban Co-operative Banks
April 21, 2022 The Chairman / Managing Director / Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam/Dear Sir, It has been observed during the course of supervisory reviews that some…
Large Exposures Framework for Non-Banking Financial Company – Upper Layer (NBFC-UL)
April 19, 2022 All Non-Banking Financial Companies Madam/ Dear Sir, Please refer to paragraph 3.2.2 (d) of RBI circular DOR.CRE.REC. No.60/03.10.001/2021-22 dated October 22, 2021 on “Scale Based Regulation (SBR)…