Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks
November 02, 2021 All Scheduled Commercial Banks (Excluding Small Finance Banks, Payment Banks and Regional Rural Banks) Madam/ Dear Sir, Please refer to the circular No. DBS.CO.PPD.BC.No.8/11.01.005/2016-17 dated April 13,…
Master Circular – Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs
November 1, 2021 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Please refer to our Master Circular DCBR.BPD. (PCB) MC No.12/09.14.000/2015-16 dated July 1, 2015…
Modus operandi of fraudulent transaction
Frauds due to use of Unknown / Unverified Mobile Apps : Modus Operandi : Fraudsters gain access to your mobile device / laptop / desktop once you download unknown /…
Opening of Current Accounts by Banks – Need for Discipline
October 29, 2021 All Scheduled Commercial Banks All Payments Banks Madam/Sir, Please refer to our circular DOR.No.BP.BC/7/21.04.048/2020-21 dated August 6, 2020 on the captioned subject and associated circulars thereon1. 2.…
Master Direction – Prudential Norms on Capital Adequacy for Local Area Banks (Directions), 2021.
October 26, 2021 All Local Area Banks Dear Sir / Madam, The Reserve Bank of India has, from time to time, issued several guidelines / instructions / directives to Local…
Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs
October 22, 2021 All Non-Banking Financial Companies Madam / Sir, The contribution of NBFCs towards supporting real economic activity and their role as a supplemental channel of credit intermediation alongside…
Data Format for Furnishing of Credit Information to Credit Information Companies
October 14, 2021 All 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 Banks All-India Financial…
Priority Sector Lending- Banks’ lending to NBFCs for on-lending – Extension of facility
October 8, 2021 The Chairman/ Managing Director Chief Executive Officer All Scheduled Commercial Banks (Excluding Regional Rural Banks, Small Finance Banks, Urban Co-operative Banks and Local Area Banks) Dear Sir/Madam,…
Inclusion of “Paytm Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934.
October 07, 2021 All Scheduled Commercial Banks Madam/Sir We advise that “Paytm Payments Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934…
Modus operandi of fradulent transactions – Frauds using Online Selling platforms
Modus Operandi Fraudsters pretend to be buyers on online selling platform & show interest in your product. Instead of paying money to you, they use “request money” option through UPI…