RBI Updates : Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021 – Reporting of reverse repos with Reserve Bank on the bank’s balance sheet
In order to bring more clarity on the presentation of reverse repo on the balance
RBI Updates : Interoperable Card-less Cash Withdrawal (ICCW) at ATMs
All banks, ATM networks and WLAOs may provide the option of ICCW at their ATMs.
RBI Updates: Government of India guaranteed term loan extended by SBI to the Government of Sri Lanka- Settlement in INR
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Regulations 3
RBI Updates: New Definition of Micro, Small and Medium Enterprises – Clarification
It is clarified that the existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum
RBI Updates: Kisan Credit Card Scheme – Eligibility criteria for farmers engaged in fisheries/ aquaculture
Please refer to Para 3.1.1.2 of our circular dated February 04, 2019 on Kisan Credit Card (KCC)
RBI Updates: Lending by Commercial Banks to NBFCs and Small Finance Banks (SFBs) to NBFC-MFIs, for the purpose of on-lending to priority sectors
The lending by commercial banks to NBFCs and lending by Small Finance Banks (SFBs) to
RBI Updates : Liquidity Adjustment Facility- Change in rates
It has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo
RBI Updates : Standing Liquidity Facility for Primary Dealers
The policy repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 40
RBI Updates : Change in Bank Rate
The Bank Rate is revised upwards by 40 basis points from 4.25 per cent to 4.65
RBI Updates : Maintenance of Cash Reserve Ratio (CRR)
It has been decided to increase the Cash Reserve Ratio (CRR) of all banks by