RBI releases framework for offline digital payments
To push digital transactions in rural and semi-urban areas, the Reserve Bank of India (RBI) on Monday issued a framework allowing offline payments up to Rs 200 per transaction, subject…
Retail Direct Scheme: RBI notifies market making plan to promote retail participation in G-Secs
Mumbai: The Reserve Bank of India (RBI) on Tuesday notified the market making scheme to promote retail participation in government securities by providing prices/quotes to retail direct gilt (RDG) account…
Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR),Liquidity Risk Monitoring Tools and LCR Disclosure Standards and Net Stable Funding ratio – Small Business Customers
January 06, 2022 Dear Sir/Madam, Please refer to the following instructions: i. Circular DBOD.BP.BC.No.120/21.04.098/2013-14 dated June 09, 2014 on ‘Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR),…
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List: Deletion of entries
January 06, 2022 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…
Master Circular – Bank Finance to Non-Banking Financial Companies(NBFCs)
January 05, 2022 All Scheduled Commercial Banks (excluding RRBs) Madam/ Dear Sir, Please refer to our Master Circular DBR.BP.BC.No.5/21.04.172/2015-16 dated July 1, 2015 on the captioned subject. This Master Circular…
Retail Direct Scheme – Market Making
January 04, 2022 All Primary Dealers Dear Sir/Madam RBI Retail Direct Scheme has been launched on November 12, 2021 for providing onestop access to facilitate investment in Government Securities by…
Inclusion of “Airtel Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934
January 04, 2022 All Banks Madam/Sir We advise that “Airtel Payments Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification…
Framework for Facilitating Small Value Digital Payments in Offline Mode
January 03, 2022 The Chairman / Managing Director / Chief Executive OfficerAuthorised Payment System Operators and Participants (Banks and Non-banks) Madam / Dear Sir, Reserve Bank had, vide circular dated…
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List: Addition of entries
January 03, 2022 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 as…
Periodic Updation of KYC – Restrictions on Account Operations for Non-compliance
December 30, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Please refer to our circular DOR.AML.REC 13/14.01.001/2021-22 dated May 5, 2021, on the captioned subject. 2. In…