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RBI : Circulars

 
 
 
Meant For : All Commercial Banks
Circular Number : RBI/2020-2021/29DoR.No.BP.BC.9/21.04.141/2020-21
Subject : SLR holdings in HTM category
Department : Department of Regulation
Date Of Issue : 01 September, 2020
Meant For : The Chief Executive Officer All Primary (Urban) Co-operative Banks
Circular Number : RBI/2020-2021/28DoR (PCB).BPD.Cir.No.2/12.05.001/2020-21
Subject : Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time
Department : Department of Regulation
Date Of Issue : 26 August, 2020
Meant For : All Scheduled Commercial Banks (excluding RRBs) All Small Finance Banks All Urban Cooperative Banks
Circular Number : RBI/2020-2021/27DoS.CO.PPG.BC.1/11.01.005/2020-21
Subject : Ad-hoc/Short Review/Renewal of Credit Facilities
Department : Department of Supervision
Date Of Issue : 21 August, 2020
Meant For : The Chairman/Managing Director/Chief Executive Officer 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 Institutions All Non-Banking Financial Companies
Circular Number : RBI/2020-2021/26FIDD.MSME & NFS.BC.No.4/06.02.31/2020-21
Subject : New Definition of Micro, Small and Medium Enterprises – clarifications
Department : Financial Inclusion and Development Department
Date Of Issue : 21 August, 2020
Meant For : The Chairpersons/ CEOs of all the Regulated Entities
Circular Number : RBI/2020-2021/25DOR.AML.BC.No.8/14.06.001/2020-21
Subject : Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s Democratic Republic of Congo List
Department : Department of Regulation
Date Of Issue : 21 August, 2020
Meant For : All Core Investment Companies (CICs)
Circular Number : RBI/2020-2021/24DoR (NBFC) (PD) CC. No. 117/03.10.001/2020-21
Subject : Review of Guidelines for Core Investment Companies
Department : Department of Regulation
Date Of Issue : 13 August, 2020
Meant For : The Chief Executive Officer All Primary (Urban) Co-operative Banks
Circular Number : RBI/2020-2021/23DoR (PCB). BPD. Cir. No.1/13.05.001/2020-21
Subject : System-based asset classification - UCBs
Department : Department of Regulation
Date Of Issue : 12 August, 2020
Meant For : The Chairman / Managing Director / Chief Executive Officer Authorised Payment System Operators (Banks and Non-banks)
Circular Number : RBI/2020-2021/22DPSS.CO.PD.No.115/02.14.003/2020-21
Subject : Offline Retail Payments using Cards / Wallets / Mobile Devices – Pilot
Department : Department of Payment and Settlement Systems
Date Of Issue : 06 August, 2020
Meant For : The Chairman / Managing Director / Chief Executive Officer Authorised Payment System Operators and Participants (Banks and Non-banks)
Circular Number : RBI/2020-2021/21DPSS.CO.PD No.116/02.12.004/2020-21
Subject : Online Dispute Resolution (ODR) System for Digital Payments
Department : Department of Payment and Settlement Systems
Date Of Issue : 06 August, 2020
Meant For : All Scheduled Commercial Banks All Payments Banks
Circular Number : RBI/2020-2021/20DOR.No.BP.BC/7/21.04.048/2020-21
Subject : Opening of Current Accounts by Banks - Need for Discipline
Department : Department of Regulation
Date Of Issue : 06 August, 2020
Meant For : All Scheduled Commercial Banks (Including Regional Rural Banks)
Circular Number : RBI/2020-2021/19DoR.No.BP.BC/6/21.04.048/2020-21
Subject : Loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses
Department : Department of Regulation
Date Of Issue : 06 August, 2020
Meant For : All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks)
Circular Number : RBI/2020-2021/18DOR.No.BP.BC/5/21.04.201/2020-21
Subject : Basel III Capital Regulations – Treatment of debt mutual funds/ETFs
Department : Department of Regulation
Date Of Issue : 06 August, 2020
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
Circular Number : RBI/2020-2021/17DOR.No.BP.BC/4/21.04.048/2020-21
Subject : Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances
Department : Department of Regulation
Date Of Issue : 06 August, 2020
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/2020-2021/16DOR.No.BP.BC/3/21.04.048/2020-21
Subject : Resolution Framework for COVID-19-related Stress
Department : Department of Regulation
Date Of Issue : 06 August, 2020
Meant For : Non-Banking Financial Companies and Asset Reconstruction Companies implementing Indian Accounting Standards
Circular Number : RBI/2020-2021/15DOR (NBFC).CC.PD.No.116/22.10.106/2020-21
Subject : Implementation of Indian Accounting Standards
Department : Department of Regulation
Date Of Issue : 24 July, 2020
Meant For : The Chairpersons/ CEOs of all the Regulated Entities
Circular Number : RBI/2020-2021/14DOR.AML.BC.No.2/14.06.001/2020-21
Subject : Implementation of Section 51A of UAPA, 1967 - Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List - Addition of one individual
Department : Department of Regulation
Date Of Issue : 18 July, 2020
Meant For : All Asset Reconstruction Companies
Circular Number : RBI/2020-2021/13DOR.NBFC(ARC) CC. No. 9/26.03.001/2020-21
Subject : Fair Practices Code for Asset Reconstruction Companies
Department : Department of Regulation
Date Of Issue : 16 July, 2020
Meant For : All Non-Banking Financial Companies (NBFCs)
Circular Number : RBI/2020-2021/12DOR (NBFC).CC.PD.No.115/03.10.001/2020-21
Subject : Exemption from Registration as NBFC – Alternative Investment Fund (AIF)
Department : Department of Regulation
Date Of Issue : 10 July, 2020
Meant For : All Non-Banking Financial Companies (NBFCs)
Circular Number : RBI/2020-2021/11DoR (NBFC) (PD) CC. No.114/03.10.001/2020-21
Subject : Extension of timeline for finalization of audited accounts
Department : Department of Regulation
Date Of Issue : 06 July, 2020
Meant For : The Chairman/ Managing Director/Chief Executive Officer 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 Institutions All Non-Banking Financial Companies
Circular Number : RBI/2020-2021/10FIDD.MSME & NFS.BC.No.3/06.02.31/2020-21
Subject : Credit flow to Micro, Small and Medium Enterprises Sector
Department : Financial Inclusion and Development Department
Date Of Issue : 02 July, 2020
Meant For : All Scheduled Commercial Banks (including Scheduled RRBs)
Circular Number : RBI/2020-2021/09DoR.BP.BC.No.01/21.04.048/2020-21
Subject : Distressed Assets Fund - Subordinate Debt for Stressed MSMEs
Department : Department of Regulation
Date Of Issue : 01 July, 2020
Meant For : The Chairman & Managing Director Chief Executive Officers All Banks
Circular Number : RBI/2020-2021/08DCM (CC) No.G-1/03.44.01/2020-21
Subject : Master Circular – Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
Department : Department of Currency Management
Date Of Issue : 01 July, 2020
Meant For : The Chairman and Managing Director / The Managing Director / The Chief Executive Officer All Banks
Circular Number : RBI/2020-2021/07DCM (NE) No.G-3/08.07.18/2020-21
Subject : Master Circular – Facility for Exchange of Notes and Coins
Department : Department of Currency Management
Date Of Issue : 01 July, 2020
Meant For : All Agency Banks
Circular Number : RBI/2020-2021/06DGBA.GBD.No.01/31.02.007/2020-21
Subject : Master Circular - Disbursement of Government Pension by Agency Banks
Department : Department of Government and Bank Accounts
Date Of Issue : 01 July, 2020
Meant For : The Chairmen/ Managing Directors/ Chief Executive Officers SLBC/ UTLBC Convenor Banks / Lead Banks
Circular Number : RBI/2020-2021/05FIDD.CO.LBS.BC.No.1/02.01.001/2020-21
Subject : Master Circular – Lead Bank Scheme
Department : Financial Inclusion and Development Department
Date Of Issue : 01 July, 2020
Meant For : The Chairman/Managing Director/Chief Executive Officer All Banks and Director of Treasuries of all States
Circular Number : RBI/2020-2021/04DCM (FNVD) G–2/16.01.05/2020-21
Subject : Master Circular – Detection and Impounding of Counterfeit Notes
Department : Department of Currency Management
Date Of Issue : 01 July, 2020
Meant For : All Agency Banks
Circular Number : RBI/2020-2021/03DGBA.GBD.No.2/31.12.010/2020-21
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 July, 2020
Meant For : The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks
Circular Number : RBI/2020-2021/02FIDD.FID.BC.No.02/12.01.033/2020-21
Subject : Master Circular on SHG-Bank Linkage Programme
Department : Financial Inclusion and Development Department
Date Of Issue : 01 July, 2020
Meant For : All NBFCs/HFCs
Circular Number : RBI/2020-2021/01DoR (NBFC) (PD) CC.No. 113/03.10.001/2020-21
Subject : Special liquidity scheme for NBFCs/HFCs
Department : Department of Regulation
Date Of Issue : 01 July, 2020
Meant For : The Chairman & Managing Director State Bank of India & 11 Nationalised Banks Axis Bank Ltd., ICICI Bank Ltd., HDFC Bank Ltd., IDBI Bank Ltd
Circular Number : RBI/2019-2020/262IDMD.CDD.No.3155/13.01.299/2019-20
Subject : Floating Rate Savings Bonds, 2020 (Taxable)- FRSB 2020 (T) - Operational Guidelines
Department : Internal Debt Management Department
Date Of Issue : 30 June, 2020
Meant For : The Chairman & Managing Director State Bank of India & 11 Nationalised Banks Axis Bank Ltd., ICICI Bank Ltd., HDFC Bank Ltd., IDBI Bank Ltd.
Circular Number : RBI/2019-2020/261IDMD.CDD.No.3145/13.01.299/2019-20
Subject : Floating Rate Savings Bonds 2020 (Taxable)
Department : Internal Debt Management Department
Date Of Issue : 26 June, 2020
Meant For : All Scheduled Banks
Circular Number : RBI/2019-2020/260DOR.No.Ret.BC.78/12.01.001/2019-20
Subject : Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Minimum Daily Maintenance of the Cash Reserve Requirement
Department : Department of Regulation
Date Of Issue : 26 June, 2020
Meant For : All Scheduled Banks (excluding Regional Rural Banks)
Circular Number : RBI/2019-2020/259DOR.No.Ret.BC.77/12.02.001/2019-20
Subject : Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF)
Department : Department of Regulation
Date Of Issue : 26 June, 2020
Meant For : All Scheduled Commercial Banks (excluding RRBs) All Non-Banking Financial Companies (including Housing Finance Companies)
Circular Number : RBI/2019-2020/258DOR (NBFC) (PD) CC. No.112/03.10.001/2019-20
Subject : Loans Sourced by Banks and NBFCs over Digital Lending Platforms: Adherence to Fair Practices Code and Outsourcing Guidelines
Department : Department of Regulation
Date Of Issue : 24 June, 2020
Meant For : All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks/All Financial Institutions/ All Primary Dealers
Circular Number : RBI/2019-2020/257Ref.No.3105/IDMD/08.02.032/2019-20
Subject : Auction of Government of India Dated Securities
Department : Internal Debt Management Department
Date Of Issue : 22 June, 2020
Meant For : The Chairman / Managing Director / Chief Executive Officer Authorised Payment System Operators (banks and non-banks) / Participants of Payment Systems (banks and non-banks)
Circular Number : RBI/2019-2020/256DPSS.CO.OD.No.1934/06.08.005/2019-20
Subject : Increasing Instances of Payment Frauds – Enhancing Public Awareness Campaigns Through Multiple Channels
Department : Department of Payment and Settlement Systems
Date Of Issue : 22 June, 2020
Meant For : All Member Lending Institutions (All Scheduled Commercial Banks including Scheduled RRBs) (NBFCs including HFCs eligible under the captioned scheme) (All India Financial Institutions - Small Industries Development Bank of India, National Housing Bank, National Bank for Agriculture and Rural Development and Export-Import Bank of India)
Circular Number : RBI/2019-2020/255DoR.BP.BC.No.76/21.06.201/2019-20
Subject : Assignment of Risk Weights on Credit Facilities (Guaranteed Emergency Credit Line) under the Emergency Credit Line Guarantee Scheme
Department : Department of Regulation
Date Of Issue : 21 June, 2020
Meant For : All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks/All Financial Institutions/ All Primary Dealers
Circular Number : RBI/2019-2020/254Ref.No.IDMD/3065/08.02.032/2019-20
Subject : Auction of Government of India Dated Securities
Department : Internal Debt Management Department
Date Of Issue : 15 June, 2020
Meant For : All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks/All Financial Institutions/ All Primary Dealers.
Circular Number : RBI/2019-2020/253Ref.No.3027/IDMD/08.02.032/2019-20
Subject : Auction of Government of India Dated Securities
Department : Internal Debt Management Department
Date Of Issue : 08 June, 2020
Meant For : The Chairpersons/ CEOs of all the Regulated Entities
Circular Number : RBI/2019-2020/252DOR.AML.BC.No.75/14.06.001/2019-20
Subject : Implementation of Section 51A of UAPA, 1967 - Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List - Addition of one individual
Department : Department of Regulation
Date Of Issue : 08 June, 2020
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 / Non-Bank PPI issuers / Authorised Payment System Participants / Operators
Circular Number : RBI/2019-2020/251DPSS.CO.PD.No.1897/02.14.003/2019-20
Subject : Extension of timeline for compliance with various payment system requirements
Department : Department of Payment and Settlement Systems
Date Of Issue : 04 June, 2020
Meant For : The Chairman / Managing Director & CEOs All Public & Private Sector Scheduled Commercial Banks
Circular Number : RBI/2019-2020/250FIDD.CO.FSD.BC.No.25/05.02.001/2019-20
Subject : Interest Subvention (IS) and Prompt Repayment Incentive (PRI) for Short Term Loans for Agriculture including Animal Husbandry, Dairy and Fisheries for extended period on account of Covid-19
Department : Financial Inclusion and Development Department
Date Of Issue : 04 June, 2020
Meant For : All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks/All Financial Institutions/ All Primary Dealers
Circular Number : RBI/2019-2020/249Ref.No.IDMD/2981/08.02.032/2019-20
Subject : Auction of Government of India Dated Securities
Department : Internal Debt Management Department
Date Of Issue : 01 June, 2020
Meant For : The Chairman and Managing Directors/ Managing Director/ CEO All Agency Banks
Circular Number : RBI/2019-2020/248DGBA.GBD.No.1909/42.01.011/2019-20
Subject : Recovery of Penal Interest on delayed remittance of Government Receipts into Government Account
Department : Department of Government and Bank Accounts
Date Of Issue : 29 May, 2020
Meant For : The Chairman / Managing Director State Bank of India & Nationalised Banks Axis Bank Ltd., ICICI Bank Ltd., HDFC Bank Ltd, Stock Holding Corporation of India Ltd. (SHCIL)
Circular Number : RBI/2019-2020/247IDMD.CDD.No.2964/13.01.299/2019-20
Subject : Cessation of 7.75% Savings (Taxable) Bonds, 2018
Department : Internal Debt Management Department
Date Of Issue : 27 May, 2020
Meant For : All Scheduled Commercial Banks (excluding RRBs) All Primary Urban Co-operative Banks All Small Finance Banks
Circular Number : RBI/2019-2020/246DOR.DIR.BC.No.73/04.02.002/2019-20
Subject : Pre-shipment and Post-shipment Export Credit – Extension of Period of Advance
Department : Department of Regulation
Date Of Issue : 23 May, 2020
Meant For : All Scheduled Commercial Banks (excluding Regional Rural Banks); All India Financial Institutions (NABARD, NHB, EXIM Bank, and SIDBI); All Systemically Important Non-Deposit taking Non-Banking Financial Companies (NBFC-ND-SI) and Deposit taking Non-Banking Financial Companies (NBFC-D)
Circular Number : RBI/2019-2020/245DOR.No.BP.BC.72/21.04.048/2019-20
Subject : COVID19 Regulatory Package – Review of Resolution Timelines under the Prudential Framework on Resolution of Stressed Assets
Department : Department of Regulation
Date Of Issue : 23 May, 2020
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/2019-2020/244DOR.No.BP.BC.71/21.04.048/2019-20
Subject : COVID-19 – Regulatory Package
Department : Department of Regulation
Date Of Issue : 23 May, 2020
Meant For : All Scheduled Commercial Banks (Excluding Regional Rural Banks)
Circular Number : RBI/2019-2020/243DOR.No.BP.BC.70/21.01.003/2019-20
Subject : Large Exposures Framework – Increase in Exposure to a Group of Connected Counterparties
Department : Department of Regulation
Date Of Issue : 23 May, 2020
Meant For : All Category - I Authorised Dealer Banks
Circular Number : RBI/2019-2020/242A.P. (DIR Series) Circular No.33
Subject : Import of goods and services- Extension of time limits for Settlement of import payment
Department : Foreign Exchange Department
Date Of Issue : 22 May, 2020
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