Please refer to the Master Circular FIDD.CO.GSSD.BC.No 06/09.09.01/2015-16 dated July 01, 2015 consolidating guidelines / Instructions / directions issued to banks with regard to providing credit facilities to Scheduled Castes (SCs) and Scheduled Tribes (STs). The Master Circular has been suitably updated by incorporating the instructions issued up to June 30, 2016
Please refer to our Master Circular RBI/2020-21/06 dated July 1, 2020 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 March 31, 2021
Whenever agency banks collect stamp duty through physical mode or e-mode (challan based), they are eligible for payment of agency commission, provided the agency banks do not collect any charges from the members of public or receive remuneration from the State Government for doing this work.
Reserve Bank of India RBI/2021-22/06 FIDD.GSSD.BC.No.01/09.10.01/2021-22 April 01, 2021 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks including Small Finance Banks (Excluding RRBs and Foreign banks with less than 20 branches) Dear Sir / Madam, Master Circular – Credit Facilities to Minority Communities Please refer to our Master Circular FIDD.GSSD.BC.No.04/09.10.01/2019-20 dated July 01, […]
The scheme of Penalties for bank branches including currency chests has been formulated in order to ensure that all bank branches provide better customer service to members of public with regard to exchange of notes and coins, in keeping with the objectives of Clean Note Policy.
In no case, the Counterfeit Notes should be returned to the tenderer or destroyed by the bank branches / treasuries. Failure of the banks to impound Counterfeit Notes detected at their end will be construed as wilful involvement of the bank concerned in circulating Counterfeit Notes and penalty will be imposed.
Reserve Bank of India RBI/2021-22/01 DCM (NE) No.G-4/08.07.18/2021-22 April 01, 2021 The Chairman/ The Managing Director/ The Chief Executive Officer All Banks Madam / Dear Sir Master Circular – Facility for Exchange of Notes and Coins Please refer to the Master Circular DCM (NE) No.G-3/08.07.18/2020-21 dated July 01, 2020 containing instructions on the facility for […]
Prudential limits in respect of outstanding lending transactions in the Call, Notice and Term Money Markets shall be decided by the participants with the approval of their Board within the regulatory framework of the exposure norms prescribed by the Department of Regulation of the Reserve Bank for the eligible participant concerned.
The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable the banks to have instructions at one place, a Master Circular incorporating the existing guidelines/instructions on the subject has been updated and enclosed.
Please refer to the Master Circular FIDD.GSSD.CO.BC.No.09/09.01.01/2015-16 dated July 30, 2015 consolidating guidelines / instructions / directions issued to banks with regards to National Rural Livelihoods Mission.
