RBI master circulars

Anti-money laundering Act: RBI tightens KYC norms for politically Exposed Person

Fema / RBI - WITH the Prevention of Money Laundering (Amendment) Act, 2009 (No 21 of 2009) coming into force from June 1, the RBI has advised all NBFCs to maintain records of clients for a period of 10 years from the date of transaction. The NBFCs will have keep records of the Identity of the Clients, both domestic or international, which will permit ...

Read More

Items excluded from Capital Market Exposure

Fema / RBI - On a review, it has been decided to include the National Payments Corporation of India. (NPCI) and United Stock Exchange of India Ltd.(USEIL) as part of institutions forming crucial financial infrastructure. Accordingly, banks’ investments in NPCI and USEIL will also be excluded from the aggregate Capital Market Exposure ceiling of 40 p...

Read More

Anti-money laundering Act: RBI tightens KYC norms for politically Exposed Person

Fema / RBI - WITH the Prevention of Money Laundering (Amendment) Act, 2009 (No 21 of 2009) coming into force from June 1, the RBI has advised all NBFCs to maintain records of clients for a period of 10 years from the date of transaction. The NBFCs will have keep records of the Identity of the Clients, both domestic or international, which will permit ...

Read More
Sorry No Post Found

All about Detection and Impounding of Counterfeit Notes

RBI/2017-18/26 DCM (FNVD) G – 4/16.01.05/2017-18 - (20/07/2017) - No credit to customer’s account is to be given for counterfeit notes, if any, detected in the tender received over the counter or at the back-office / currency chest....

Read More

RBI Master Circular 2017 on SHG-Bank Linkage Programme

RBI/2017-18/11 FIDD.FID.BC.No.02/12.01.033/2017-18 - (03/07/2017) - Despite the vast expansion of the formal credit system in the country, dependence of the rural poor on moneylenders somehow continued in many areas, especially for meeting unforeseen requirements. ...

Read More

RBI Master Circular 2017– Lead Bank Scheme

RBI/2017-2018/8 FIDD.CO.LBS.BC.No.1/02.01.001/2017-18 - (03/07/2017) - The Reserve Bank of India has issued guidelines on Lead Bank Scheme from time to time. This Master Circular consolidates the relevant guidelines issued by Reserve Bank of India on Lead Bank Scheme up to June 30, 2017 as listed in the Appendix....

Read More

RBI Master Circular 2017- Kisan Credit Card (KCC) Scheme

RBI/2017-18/4 FIDD.CO.FSD.BC.No.7/05.05.010/2017-18 - (03/07/2017) - The Kisan Credit Card scheme aims at providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for their cultivation and other needs as indicated below:...

Read More

RBI Master Circular 2017– Facility for Exchange of Notes and Coins

RBI/2017-18/3 DCM(NE)No.G - 1/08.07.18/2017-18 - (03/07/2017) - Please refer to the Master Circular DCM(NE)No. G-1/08.07.18/2016-17 dated July 18, 2016 containing instructions on the facility for exchange of notes and coins. A revised version of Master Circular on the subject is annexed for your information and necessary action. ...

Read More

Recent Posts in "RBI master circulars"

All about Detection and Impounding of Counterfeit Notes

RBI/2017-18/26 DCM (FNVD) G – 4/16.01.05/2017-18 (20/07/2017)

No credit to customer’s account is to be given for counterfeit notes, if any, detected in the tender received over the counter or at the back-office / currency chest....

Read More

RBI Master Circular 2017 on SHG-Bank Linkage Programme

RBI/2017-18/11 FIDD.FID.BC.No.02/12.01.033/2017-18 (03/07/2017)

Despite the vast expansion of the formal credit system in the country, dependence of the rural poor on moneylenders somehow continued in many areas, especially for meeting unforeseen requirements. ...

Read More

RBI Master Circular 2017– Lead Bank Scheme

RBI/2017-2018/8 FIDD.CO.LBS.BC.No.1/02.01.001/2017-18 (03/07/2017)

The Reserve Bank of India has issued guidelines on Lead Bank Scheme from time to time. This Master Circular consolidates the relevant guidelines issued by Reserve Bank of India on Lead Bank Scheme up to June 30, 2017 as listed in the Appendix....

Read More

RBI Master Circular 2017- Kisan Credit Card (KCC) Scheme

RBI/2017-18/4 FIDD.CO.FSD.BC.No.7/05.05.010/2017-18 (03/07/2017)

The Kisan Credit Card scheme aims at providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for their cultivation and other needs as indicated below:...

Read More

RBI Master Circular 2017– Facility for Exchange of Notes and Coins

RBI/2017-18/3 DCM(NE)No.G - 1/08.07.18/2017-18 (03/07/2017)

Please refer to the Master Circular DCM(NE)No. G-1/08.07.18/2016-17 dated July 18, 2016 containing instructions on the facility for exchange of notes and coins. A revised version of Master Circular on the subject is annexed for your information and necessary action. ...

Read More

Master Circular 2017– Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)

RBI/2017-18/10 FIDD.GSSD.CO.BC.No.04/09.01.01/2017-18 (01/07/2017)

Please refer to the Master Circular FIDD.GSSD.CO.BC.No.07/09.01.01/2016-17 dated July 01, 2016 consolidating guidelines / instructions / directions issued to banks with regards to Deendayal Antyodaya Yojana - National Rural Livelihoods Mission....

Read More

RBI Master Circular 2017- Credit facilities to SCs & SSTs

RBI/2017-18/7 FIDD.CO.GSSD.BC.No.06/09.09.001/2017-18 (01/07/2017)

Please refer to the Master Circular FIDD.CO.GSSD.BC.No.03/09.09.001/2016-17 dated July 01, 2016 consolidating guidelines / Instructions / directions issued to banks with regard to providing credit facilities to Scheduled Castes (SCs) and Scheduled Tribes (STs)....

Read More

RBI Master Circular 2017- Credit Facilities to Minority Communities

RBI/2017-2018/6 FIDD.GSSD.BC.No.05/09.10.01/2017-18 (01/07/2017)

Please refer to our Master Circular FIDD.GSSD.BC.No.01/09.10.01/2016-17 dated July 01, 2016 (Updated as on September 29, 2016), consolidating the instructions / guidelines / directives issued to banks till that date relating to Credit Facilities to Minority Communities....

Read More

RBI Master Circular 2017– Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)

RBI/2017-18/5 FIDD.GSSD.CO.BC.No.03/09.16.03/2017-18 (01/07/2017)

RBI 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 Alleviation (UPA Division), Government of India has amended the operational guidelines of Self-Employment Programme (SEP) under DAY-NULM....

Read More

Master Circular- Disbursement of Govt Pension by Agency Banks

Notification No. RBI/2017-18/1 DGBA.GBD.No.-1/31.05.001/2017-18 (01/07/2017)

In order to obviate the time lag between issue of DR orders and payment of DR to the beneficiary and to render expeditious service to senior citizens, the following action is required to be taken:...

Read More
Page 1 of 3412345...102030...Last »

Browse All Categories

CA, CS, CMA (3,453)
Company Law (3,347)
Custom Duty (6,578)
DGFT (3,417)
Excise Duty (4,040)
Fema / RBI (3,236)
Finance (3,413)
Income Tax (24,907)
SEBI (2,721)
Service Tax (3,278)

Search Posts by Date

August 2017
M T W T F S S
« Jul    
 123456
78910111213
14151617181920
21222324252627
28293031