RBI/2018-19/1 DGBA.GBD.No.-1/31.02.007/2018-19 -
Please refer to our Master Circular RBI/2017-18/1 dated July 1, 2017 on the above subject. We have now revised and updated the Master Circular which consolidates important instructions on the subject issued by the Reserve Bank of India till June 30, 2018...
Press Release : 2017-2018/1691 -
The eighth meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the amended Reserve Bank of India Act, 1934, was held on December 5 and 6, 2017 at the Reserve Bank of India, Mumbai....
RBI/2017-18/105 DPSS.CO.PD No. 1633/02.14.003/2017-18 -
RBI has decided to rationalize the MDR for debit cards based on the following criteria: a. Categorization of merchants on the basis of turnover. b. Adoption of a differentiated MDR for QR-code based transactions. c. Specifying a ceiling on the maximum permissible MDR for both ‘card present’ and ‘card not present’ transactions....
RBI/2017-18/88 A.P. (DIR Series) Circular No. 11 -
ii. If hedging requirement of the user exceeds the limit in course of time, the designated bank may re-assess and, at its discretion, extend the limit up to 150% of the stipulated cap. iii. Hedge contracts in OTC market can be booked with any AD Cat-I bank, provided the underlying cash flow takes place with the same bank....
RBI/2017-18/26 DCM (FNVD) G – 4/16.01.05/2017-18 -
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....
RBI/2017-18/11 FIDD.FID.BC.No.02/12.01.033/2017-18 -
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. ...
RBI/2017-2018/8 FIDD.CO.LBS.BC.No.1/02.01.001/2017-18 -
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....
RBI/2017-18/3 DCM(NE)No.G - 1/08.07.18/2017-18 -
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. ...
RBI/2017-18/7 FIDD.CO.GSSD.BC.No.06/09.09.001/2017-18 -
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)....
RBI/2017-18/5 FIDD.GSSD.CO.BC.No.03/09.16.03/2017-18 -
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....