Notifications

RBI/2021-22/118 DOS.CO.PPG.SEC.No.4/11.01.005/2021-22 November 02, 2021 All Scheduled Commercial Banks (Excluding Small Finance Banks, Payment Banks and Regional Rural Banks) Madam/ Dear Sir, Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks Please refer to the circular No. DBS.CO.PPD.BC.No.8/11.01.005/2016-17 dated April 13, 2017 on the Revised Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks (SCBs). 2. The existing PCA Fr

RBI/2021-22/116 DOR.CRE.REC.63/21.04.048/2021-22 October 29, 2021 All Scheduled Commercial Banks All Payments Banks Madam/Sir, Opening of Current Accounts by Banks - Need for Discipline 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. On a review and taking into account feedback received from Indian Banks’ Association (IBA) and other stakeholders, it has been decided that

RBI/2021-22/115 DoR.AUT.REC.62/23.67.001/2021-22 October 28, 2021 All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam Gold Monetization Scheme (GMS), 2015 In exercise of the powers conferred on the Reserve Bank of India under Section 35A of the Banking Regulation Act, 1949, the RBI makes the following amendments in the Reserve Bank of India (Gold Monetization Scheme, 2015) Master Direction No.DBR.IBD.No.45/23.67.003/2015-16 dated October 22,

RBI/2021-2022/114 IDMD.CDD.1100/14.04.050/2021-22 October 22, 2021 (Updated as on October 04, 2022) All Scheduled Commercial Banks (Excluding RRBs)Designated Post OfficesStock Holding Corporation of India Ltd. (SHCIL)BSE & NSEDepositoriesClearing Corporation of India Limited Dear Sir/Madam, Sovereign Gold Bond Scheme of the Government of India (GoI) - Procedural Guidelines - Consolidated The Sovereign Gold Bond (SGB) Scheme was first launched by Government of Indi

RBI/2021-2022/113 IDMD.CDD.No.1087/14.04.050/2021-22 October 22, 2021 The Chairman & Managing Director All Scheduled Commercial Banks,(Excluding RRBs)Designated Post OfficesStock Holding Corporation of India Ltd.(SHCIL)National Stock Exchange of India Ltd, Bombay Stock Exchange LtdClearing Corporation of India Limited. Madam/Dear Sir, Sovereign Gold Bond Scheme (SGB) 2021-22 - Series VII/VIII/IX/X Government of India has vide its Notification No F.No4.(5)-B (W&

RBI/2021-22/112 DOR.CRE.REC.No.60/03.10.001/2021-22 October 22, 2021 All Non-Banking Financial Companies Madam / Sir, Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs The contribution of NBFCs towards supporting real economic activity and their role as a supplemental channel of credit intermediation alongside banks is well recognised. Over the years, the sector has undergone considerable evolution in terms of size, complexity, and interconnectedn

RBI/2021-22/111 DoR.FIN.REC.59/20.16.056/2021-22 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 Institutions (Exim Bank, NABARD, NHB and SIDBI) All Non-Banking Financial Companies (including Housing Finance Companies) All Credit Information Companies Madam/Dear Sir, Data Format for Fu

RBI/2021-22/110 FIDD.CO.Plan.BC.No.15/04.09.01/2021-22 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, Priority Sector Lending- Banks’ lending to NBFCs for on-lending – Extension of facility Please refer to para 22 of Master Directions (MD) on PSL dated September 04, 2020 (updated as on June 11, 202

RBI/2021-22/109 DOR.RET.REC.58/12.07.160/2021-22 October 07, 2021 All Scheduled Commercial Banks Madam/Sir Inclusion of “Paytm Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that “Paytm Payments Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide notification DoR.LIC.No.S926/16.03.006/2021-22 dated September 06, 2021 and published in the Gazette of India (Part III - Section

RBI/2021-22/108 IDMD.CDD.No.S930/11.22.003/2021-22 October 5, 2021 All SGL/CSGL Account holders Madam/Sir, Value Free Transfer (VFT) of Government Securities – Guidelines A reference is invited to Notification No.78 dated November 16, 2018 on Value Free Transfer (VFT) of Government Securities – Guidelines under which separate guidelines for VFT were issued to enable more efficient operations in the Government securities market. On a review, it has been decided to issu