The Third Amendment Directions provide CRR and SLR exemption for eligible fresh NRE term deposits with a minimum tenure of three years. The RBI also clarified that transfers from NRO accounts to NRE accounts are not eligible for the exemption.
The RBI has exempted fresh NRE term deposits of three years or more mobilized by Rural Co-operative Banks between June 19 and September 30, 2026 from CRR and SLR requirements. The exemption applies to the original deposit amount while it remains on the bank’s books, subject to specified conditions.
The RBI’s Third Amendment Directions provide CRR and SLR exemption for eligible fresh NRE term deposits with a minimum tenure of three years. The amendment also clarifies that transfers from NRO accounts to NRE accounts are not eligible for the exemption.
The RBI has amended the 2025 Directions to exempt qualifying fresh NRE term deposits from reserve maintenance requirements for Small Finance Banks. The amendment takes immediate effect and also introduces corresponding changes to Form A reporting requirements.
The RBI’s Third Amendment Directions grant CRR and SLR exemption for eligible fresh NRE term deposits with a minimum tenure of three years. The amendment also clarifies that transfers from NRO accounts to NRE accounts are not eligible for the exemption.
RBI has issued comprehensive Kisan Credit Card Directions for Rural Co-operative Banks effective from 1 January 2027. The framework broadens credit coverage, simplifies lending, and strengthens digital access for agricultural borrowers.
RBI has notified the 2026 Kisan Credit Card Directions for Regional Rural Banks, introducing a uniform framework for crop and allied sector lending. The Directions streamline credit assessment, digital access, collateral norms, and repayment procedures for farmers.
RBI has introduced the 2026 Kisan Credit Card Directions for Small Finance Banks, creating a uniform framework for crop and allied sector finance. The Directions simplify credit assessment, collateral norms, digital banking, and loan administration.
RBI has notified the 2026 Kisan Credit Card Directions for Commercial Banks, introducing a comprehensive framework for crop and allied sector finance. The Directions simplify credit assessment, collateral norms, digital banking, and KCC operations.
The Reserve Bank of India has issued revised Lead Bank Scheme (LBS) guidelines following a comprehensive review, superseding all earlier instructions. The revised framework reiterates that the Scheme aims to enhance priority sector credit and deepen financial inclusion through coordinated efforts of banks, governments and developmental agencies. It defines the roles of Lead Banks, Lead […]
