RBI/2017-18/15 DBR.No.Leg.BC.78/09.07.005/2017-18 July 6, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam, Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions Please refer to our circular DBOD.Leg.BC.86/09.07.007/2001-02 dated April 8, 2002 regarding reversal of erroneous debits arising from fraudulent or other transactions. 2. With the increased thrust on

RBI/2017-18/5 FIDD.GSSD.CO.BC.No.03/09.16.03/2017-18 July 1, 2017 The Chairman/ Managing Director & CEO All Scheduled Commercial Banks Dear Sir/Madam, Master Circular – Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) Reserve Bank of India has periodically issued instructions to banks with regard to operationalisation of the Government of India’s National Urban Livelihoods Mission (DAY-NULM). The Ministry of Housing & Urban Poverty Al

RBI/2016-17/327 DGBA.GBD.No.3333/31.02.007/2016-17 June 22, 2017 All Agency Banks Dear Sir / Madam Payment of agency commission for government receipts Please refer to Circular No. DGBA.GAD.7575/31.12.011/2011-12 dated May 22, 2012 regarding the rationalisation and revision of agency commission payable to agency banks on government transactions undertaken by them. 2. As you are aware, the agency commission on government receipts is paid by Reserve Bank per transaction

RBI/2016-17/329 DBR.NBD.No.77/16.13.218/2016-17 June 29, 2017 Chief Executive Officers of Payments Banks Madam / Dear Sir, Limits on balances in customer accounts with payments banks – sweep out arrangements with other banks Please refer to paragraph 7(i) of the Operating Guidelines for Payments Banks (‘Operating Guidelines’) dated October 6, 2016, under which payments banks (PBs) were permitted to make arrangements with a scheduled commercial bank / small finance ban