Notifications

RBI/2021-22/96 CO.DPSS.POLC.No.S-516/02-14-003/2021-22 September 07, 2021 All Payment System Providers and Payment System Participants Madam / Dear Sir, Tokenisation – Card Transactions: Permitting Card-on-File Tokenisation (CoFT) Services We invite reference to our circular DPSS.CO.PD No.1463/02.14.003/2018-19 dated January 8, 2019 on “Tokenisation – Card transactions”, permitting authorised card networks to offer card tokenisation services subject to the conditions

RBI/2021-22/95 DOR.GOV.REC.44/29.67.001/2021-22 August 30, 2021 All Private Sector Banks (including Local Area Banks, Small FinanceBanks, Payments Banks) and Foreign Banks operating in India Dear Sir/Madam, Guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/ Material Risk Takers and Control Function staff - Clarification Please refer to para 2.1.2 (f) of our circular DOR.Appt.BC.No.23/29.67.001/2019-20 dated November 04, 2019 on the captioned

RBI/2021-22/94 CO.DPSS.RPPD.No.S475/04.09.003/2021-22 August 27, 2021 The Chairman / Managing Director / Chief Executive Officer of all banks participating in NEFT Madam / Dear Sir, Enhancements to Indo-Nepal Remittance Facility Scheme The Indo-Nepal Remittance Facility Scheme (Scheme) was launched by the Reserve Bank of India in May 2008 as an option for cross-border remittances from India to Nepal, with special focus on requirements of migrant workers of Nepali orig

RBI/2021-22/93 DCM (CC) No.97527/03.41.01/2021-22 August 27, 2021 The Chairman / Managing Director & Chief Executive Officer (All Scheduled Commercial banks including RRBs) Madam / Dear Sir, Review of incentive and other measures to enhance distribution of coins Please refer to our Master Direction DCM (CC) No.G-2/03.41.01/2021-22 dated April 01, 2021 on “Currency Distribution & Exchange Scheme (CDES)” for bank branches including currency chests which inter al

RBI/2021-22/92 CO.DPSS.POLC.No.S-469/02-14-003/2021-22 August 25, 2021 The Chief Executive Officer / President All authorised card networks Madam / Dear Sir, Tokenisation – Card Transactions : Extending the Scope of Permitted Devices We invite reference to our circular DPSS.CO.PD No.1463/02.14.003/2018-19 dated January 08, 2019 on “Tokenisation – Card transactions”, permitting authorised card networks to offer card tokenisation services to any token requestor, subject

RBI/2021-22/91 DOR.FIN.REC.No.41/03.10.136/2021-22 August 25, 2021 All Housing Finance Companies (HFCs) Dear Sir/ Madam, Notification as ‘Financial Institution’ under Section 2(1)(m)(iv) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) Please refer to Para 105 of Master Direction – Non-Banking Financial Company – Housing Finance Company (Reserve Bank) Directions, 2021 wherein certain criteria have b

RBI/2021-22/90 FIDD.CO.LBS.BC.No.14/02.08.001/2021-22 August 24, 2021 The Chairman / Managing Director & Chief Executive Officer All Lead Banks Madam/ Dear Sir, Formation of new district in the State of Punjab – Assignment of Lead Bank Responsibility The Government of Punjab vide Gazette Notification No.7767 dated June 10, 2021 had notified the formation of a new district in the State of Punjab. It has been decided to assign the lead bank responsibility of the new

RBI/2021-2022/89 A.P. (DIR Series) Circular No.12 August 19, 2021 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit (LoC) of USD 20.51 million to the Government of the Republic of Guinea Export-Import Bank of India (Exim Bank) has entered into an agreement dated September 29, 2020 with the Government of the Republic of Guinea, for making available to the latter, Government of India supported Line of Credit (LoC

RBI/2021-2022/88 A.P. (DIR Series) Circular No.11 August 19, 2021 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit (LoC) of USD 170 million to the Government of the Republic of Guinea Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 05, 2019 with the Government of the Republic of Guinea, for making available to the latter, Government of India supported Line of Credit (LoC) o

RBI/2021-2022/87 A.P. (DIR Series) Circular No.10 August 19, 2021 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit (LoC) of USD 20.22 million to the Government of the Republic of Guinea Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 05, 2019 with the Government of the Republic of Guinea, for making available to the latter, Government of India supported Line of Credit (LoC)