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RBI : Circulars

 
 
 
Meant For : To Commercial Banks (as per applicability)
Circular Number : RBI/2021-2022/24DOR.GOV.REC.8/29.67.001/2021-22
Subject : Corporate Governance in Banks - Appointment of Directors and Constitution of Committees of the Board
Department : Department of Regulation
Date Of Issue : 26 April, 2021
Meant For : All Commercial Banks and Cooperative Banks
Circular Number : RBI/2021-2022/23DOR.ACC.REC.7/21.02.067/2021-22
Subject : Declaration of dividends by banks
Department : Department of Regulation
Date Of Issue : 22 April, 2021
Meant For : The Chairmen / Managing Directors & Chief Executive Officers All Lead Banks
Circular Number : RBI/2021-2022/22FIDD.CO.LBS.BC.No.09/02.08.001/2021-22
Subject : Formation of new district in the State of Tamil Nadu – Assignment of Lead Bank Responsibility
Department : Financial Inclusion and Development Department
Date Of Issue : 20 April, 2021
Meant For : All Scheduled Commercial Banks (excluding RRBs) Small Finance Banks, Primary (Urban) Cooperative Banks and EXIM Bank
Circular Number : RBI/2021-2022/21DOR.CRE.REC.06/04.02.001/2021-22
Subject : Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit- Extension
Department : Department of Regulation
Date Of Issue : 12 April, 2021
Meant For : Chief Executive Officers of Payments Banks
Circular Number : RBI/2021-2022/20DoR.LIC.REC.5/16.13.218/2021-22
Subject : Enhancement of limit of maximum balance per customer at end of the day from ₹1 lakh to ₹2 lakh – Payments Banks (PBs)
Department : Department of Regulation
Date Of Issue : 08 April, 2021
Meant For : The Chairpersons/ CEOs of all the Regulated Entities
Circular Number : RBI/2021-2022/19DoR.AML.REC.03/14.06.001/2021-22
Subject : 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
Department : Department of Regulation
Date Of Issue : 08 April, 2021
Meant For : All Agency Banks
Circular Number : RBI/2021-2022/18DGBA.GBD.No.S26/42.01.029/2021-22
Subject : Reporting and Accounting of Central Government transactions of March 2021 – Change of date of closure
Department : Department of Government and Bank Accounts
Date Of Issue : 07 April, 2021
Meant For : 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 All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies)
Circular Number : RBI/2021-2022/17DOR.STR.REC.4/21.04.048/2021-22
Subject : Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package
Department : Department of Regulation
Date Of Issue : 07 April, 2021
Meant For : All Category-I Authorised Dealer Banks
Circular Number : RBI/2021-2022/16A.P. (DIR Series) Circular No. 01
Subject : External Commercial Borrowings (ECB) Policy – Relaxation in the period of parking of unutilised ECB proceeds in term deposits
Department : Foreign Exchange Department
Date Of Issue : 07 April, 2021
Meant For : 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)
Circular Number : RBI/2021-2022/15FIDD.CO.Plan.BC.No.8/04.09.01/2021-22
Subject : Priority Sector Lending (PSL) - Lending by banks to NBFCs for On-Lending
Department : Financial Inclusion and Development Department
Date Of Issue : 07 April, 2021
Meant For : The Chairman / Managing Director/ Chief Executive Officer [All Commercial Banks including Regional Rural Banks, Small Finance Banks, Local Area Banks and Primary (Urban) Co-operative Banks other than Salary Earners’ Banks]
Circular Number : RBI/2021-2022/14FIDD.CO.Plan.BC.No.7/04.09.01/2021-22
Subject : Priority Sector Lending (PSL) – Increase in limits for bank lending against Negotiable Warehouse Receipts (NWRs) / electronic Negotiable Warehouse Receipts (eNWRs)
Department : Financial Inclusion and Development Department
Date Of Issue : 07 April, 2021
Meant For : All Scheduled Commercial Banks (excluding Regional Rural Banks)
Circular Number : RBI/2021-2022/13DoR.AUT.REC.2/23.67.001/2021-22
Subject : Gold Monetization Scheme (GMS), 2015
Department : Department of Regulation
Date Of Issue : 05 April, 2021
Meant For : The Chairman & Managing Director/CEO All Scheduled Commercial Banks & Small Finance Banks
Circular Number : RBI/2021-2022/12FIDD.GSSD.CO.BC.No.03/09.16.03/2021-22
Subject : Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
Department : Financial Inclusion and Development Department
Date Of Issue : 05 April, 2021
Meant For : The Chairman & Managing Director \ CEO All Scheduled Commercial Banks & Small Finance Banks
Circular Number : RBI/2021-2022/11FIDD.CO.GSSD.BC.No.05/09.09.001/2021-22
Subject : Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Department : Financial Inclusion and Development Department
Date Of Issue : 05 April, 2021
Meant For : The Chairpersons/ CEOs of all the banks
Circular Number : RBI/2021-2022/10DOR.AML.BC.No.1/14.01.001/2021-22
Subject : Amendment to Master Direction (MD) on KYC – KYC norms for Self Help Groups (SHGs)
Department : Department of Regulation
Date Of Issue : 01 April, 2021
Meant For : The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks
Circular Number : RBI/2021-2022/09FIDD.CO.FID.BC.No.06/12.01.033/2021-22
Subject : Master Circular on SHG-Bank Linkage Programme
Department : Financial Inclusion and Development Department
Date Of Issue : 01 April, 2021
Meant For : All Agency Banks
Circular Number : RBI/2021-2022/08DGBA.GBD.No.S-1/31.02.007/2021-22
Subject : Master Circular - Disbursement of Government Pension by Agency Banks
Department : Department of Government and Bank Accounts
Date Of Issue : 01 April, 2021
Meant For : All Agency Banks
Circular Number : RBI/2021-2022/07DGBA.GBD.No. S-2/31.12.010/2021-22
Subject : Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Department : Department of Government and Bank Accounts
Date Of Issue : 01 April, 2021
Meant For : The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks including Small Finance Banks (Excluding RRBs and Foreign banks with less than 20 branches)
Circular Number : RBI/2021-2022/06FIDD.GSSD.BC.No.01/09.10.01/2021-22
Subject : Master Circular - Credit Facilities to Minority Communities
Department : Financial Inclusion and Development Department
Date Of Issue : 01 April, 2021
Meant For : The Chairman/ Managing Director & CEO Public Sector Banks, Private Sector Banks (including Small Finance Banks).
Circular Number : RBI/2021-2022/05FIDD.GSSD.CO.BC.No.04/09.01.01/2021-22
Subject : Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Department : Financial Inclusion and Development Department
Date Of Issue : 01 April, 2021
Meant For : The Chairmen/ Managing Directors/ Chief Executive Officers SLBC/ UTLBC Convenor Banks / Lead Banks
Circular Number : RBI/2021-2022/04FIDD.CO.LBS.BC.No.02/02.01.001/2021-22
Subject : Master Circular – Lead Bank Scheme
Department : Financial Inclusion and Development Department
Date Of Issue : 01 April, 2021
Meant For : The Chairman/Managing Director/Chief Executive Officer All Banks
Circular Number : RBI/2021-2022/03DCM (CC) No.G-3/03.44.01/2021-22
Subject : Master Circular – Scheme of Penalties for bank branches including Currency Chests based on performance in rendering customer service to the members of public
Department : Department of Currency Management
Date Of Issue : 01 April, 2021
Meant For : The Chairman/ Managing Director /Chief Executive Officer All Banks and Director of Treasuries of all States
Circular Number : RBI/2021-2022/02DCM (FNVD) G–1/16.01.05/2021-22
Subject : Master Circular – Detection and Impounding of Counterfeit Notes
Department : Department of Currency Management
Date Of Issue : 01 April, 2021
Meant For : The Chairman/ The Managing Director/ The Chief Executive Officer All Banks
Circular Number : RBI/2021-2022/01DCM (NE) No.G-4/08.07.18/2021-22
Subject : Master Circular – Facility for Exchange of Notes and Coins
Department : Department of Currency Management
Date Of Issue : 01 April, 2021
Meant For : The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks, including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Payments Banks / Small Finance Banks / Local Area Banks / Card Payment Networks / Non-bank Prepaid Payment Instrument Issuers / National Payments Corporation of India
Circular Number : RBI/2020-2021/118CO.DPSS.POLC.No.S34/02-14-003/2020-2021
Subject : Framework for processing of e-mandates for recurring online transactions
Department : Department of Payment and Settlement Systems
Date Of Issue : 31 March, 2021
Meant For : All Payment System Providers and Payment System Participants
Circular Number : RBI/2020-2021/117CO.DPSS.POLC.No.S33/02-14-008/2020-2021
Subject : Guidelines on Regulation of Payment Aggregators and Payment Gateways
Department : Department of Payment and Settlement Systems
Date Of Issue : 31 March, 2021
Meant For : All Authorized Persons
Circular Number : RBI/2020-2021/116A.P. (DIR Series) Circular No. 14
Subject : Investment by Foreign Portfolio Investors (FPI): Investment limits
Department : Financial Markets Regulation Department
Date Of Issue : 31 March, 2021
Meant For : All Scheduled Commercial Banks (excluding Regional Rural Banks)
Circular Number : RBI/2020-2021/115DOR.CAP.51/21.06.201/2020-21
Subject : Bilateral Netting of Qualified Financial Contracts- Amendments to Prudential Guidelines
Department : Department of Regulation
Date Of Issue : 30 March, 2021
Meant For : The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Local Area Banks / Payment Banks / Small Finance Banks / National Payments Corporation of India
Circular Number : RBI/2020-2021/114DPSS.CO.RPPD.No./SUO 28065/03.01.02/2020-21
Subject : Special Clearing operations on March 31, 2021
Department : Department of Payment and Settlement Systems
Date Of Issue : 26 March, 2021
Meant For : All Category-I Authorised Dealer Banks
Circular Number : RBI/2020-2021/113A.P. (DIR Series) Circular No.13
Subject : FETERS – Cards: Monthly Reporting
Department : Foreign Exchange Department
Date Of Issue : 25 March, 2021
Meant For : All Agency Banks
Circular Number : RBI/2020-2021/112DGBA.GBD.No.S212/42.01.029/2020-21
Subject : Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2020-21)
Department : Department of Government and Bank Accounts
Date Of Issue : 25 March, 2021
Meant For : The Chairpersons/CEOs of all the Regulated Entities
Circular Number : RBI/2020-2021/111DOR.AML.BC.No.50/14.06.001/2020-21
Subject : Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Amendment of 8 entries
Department : Department of Regulation
Date Of Issue : 24 March, 2021
Meant For : The Chairpersons/ CEOs of all the Regulated Entities
Circular Number : RBI/2020-2021/110DOR.AML.REC.48/14.01.001/2020-21
Subject : Amendment to Master Direction (MD) on KYC – Procedure for Implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967
Department : Department of Regulation
Date Of Issue : 23 March, 2021
Meant For : All Scheduled Commercial Banks (Excluding Small Finance Banks, Payments Banks Local Area Banks and Regional Rural Banks)
Circular Number : RBI/2020-2021/109DOR.No.CRE.BC.47/21.01.003/2020-21
Subject : Large Exposures Framework – Deferment of applicability of limits on non-centrally cleared derivatives exposures
Department : Department of Regulation
Date Of Issue : 23 March, 2021
Meant For : All Agency Banks
Circular Number : RBI/2020-2021/108DGBA.GBD.No.S-140/42.01.029/2020-21
Subject : Reporting and Accounting of Central Government transactions of March 2021
Department : Department of Government and Bank Accounts
Date Of Issue : 18 March, 2021
Meant For : The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Local Area Banks / Payment Banks / Small Finance Banks / National Payments Corporation of India
Circular Number : RBI/2020-2021/107DPSS.CO.RPPD.No.SUO 21102/04.07.005/2020-21
Subject : Extension of Cheque Truncation System (CTS) across all bank branches in the country
Department : Department of Payment and Settlement Systems
Date Of Issue : 15 March, 2021
Meant For : All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) excluding Payment Banks All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) All Non-Banking Financial Companies (including Housing Finance Companies) All Credit Information Companies
Circular Number : RBI/2020-2021/106DoR.FIN.REC.46/20.16.056/2020-21
Subject : Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures
Department : Department of Regulation
Date Of Issue : 12 March, 2021
Meant For : All Authorised persons
Circular Number : RBI/2020-2021/105A.P. (DIR Series) Circular No. 12
Subject : Investment by Foreign Portfolio Investors (FPI) in Defaulted Bonds - Relaxations
Department : Financial Markets Regulation Department
Date Of Issue : 26 February, 2021
Meant For : All Scheduled Commercial Banks (Excluding Small Finance Banks, Payments Banks Local Area Banks and Regional Rural Banks)
Circular Number : RBI/2020-2021/104DOR.No.CRE.BC.45/21.01.003/2020-21
Subject : Large Exposures Framework – Exemptions
Department : Department of Regulation
Date Of Issue : 24 February, 2021
Meant For : The Chairpersons/ CEOs of all the Regulated Entities
Circular Number : RBI/2020-2021/103DOR.AML.BC.No.44/14.06.001/2020-21
Subject : Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Amendment of 92 entries
Department : Department of Regulation
Date Of Issue : 24 February, 2021
Meant For : All Scheduled Commercial Banks
Circular Number : RBI/2020-2021/102DOR.No.Ret.BC.43/12.07.150/2020-21
Subject : Inclusion of “Fino Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934
Department : Department of Regulation
Date Of Issue : 23 February, 2021
Meant For : The Chairpersons/ CEOs of all the Regulated Entities
Circular Number : RBI/2020-2021/101DOR.AML.BC.No.42/14.06.001/2020-21
Subject : Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Deletion of two entries
Department : Department of Regulation
Date Of Issue : 22 February, 2021
Meant For : All Scheduled Commercial Banks (Excluding RRBs)
Circular Number : RBI/2020-2021/100DOR.No.MRG.BC.41/21.06.200/2020-21
Subject : Capital and provisioning requirements for exposures to entities with Unhedged Foreign Currency Exposure
Department : Department of Regulation
Date Of Issue : 17 February, 2021
Meant For : All Category-I Authorised Dealer Banks
Circular Number : RBI/2020-2021/99A.P. (DIR Series) Circular No. 11
Subject : Remittances to International Financial Services Centres (IFSCs) in India under the Liberalised Remittance Scheme (LRS)
Department : Foreign Exchange Department
Date Of Issue : 16 February, 2021
Meant For : All Authorised Dealer Category-I Banks
Circular Number : RBI/2020-2021/98A. P. (DIR Series) Circular No. 10
Subject : Margin for Derivative Contracts
Department : Financial Markets Regulation Department
Date Of Issue : 15 February, 2021
Meant For : Non-Banking Financial Companies (NBFCs) (including Housing Finance Companies) and Asset Reconstruction Companies
Circular Number : RBI/2020-2021/97DOR.CO.LIC.CC No.119/03.10.001/2020-21
Subject : Investment in NBFCs from FATF non-compliant jurisdictions
Department : Department of Regulation
Date Of Issue : 12 February, 2021
Meant For : All Category – I Authorised Dealer Banks
Circular Number : RBI/2020-2021/96A.P. (DIR Series) Circular No. 09
Subject : Exim Bank's Government of India supported Line of Credit (LoC) of USD 400 million to the Government of the Republic of Maldives
Department : Foreign Exchange Department
Date Of Issue : 11 February, 2021
Meant For : All Commercial Banks (excluding Regional Rural Banks, Local Area Banks and Payments Banks)
Circular Number : RBI/2020-2021/95DOR.No.LRG.BC.40/21.04.098/2020-21
Subject : Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR)
Department : Department of Regulation
Date Of Issue : 05 February, 2021
Meant For : All Commercial Banks
Circular Number : RBI/2020-2021/94DOR.No.MRG.BC.39/21.04.141/2020-21
Subject : SLR holdings in HTM category
Department : Department of Regulation
Date Of Issue : 05 February, 2021
Meant For : All Commercial Banks (Excluding Small Finance Banks, Payments Banks, RRBs and LABs)
Circular Number : RBI/2020-2021/93DOR.CAP.BC.No.34/21.06.201/2020-21
Subject : Basel III Capital Regulations- Review of transitional arrangements
Department : Department of Regulation
Date Of Issue : 05 February, 2021
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