RBI Updates: Board approved Loan Policy – Management of Advances – UCBs
In several UCBs that these policies not only lack comprehensive coverage, but also do not
RBI Update : Master Circular – Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)
The Master Circular dated April 01, 2021 on Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
RBI Update : Asian Clearing Union (ACU) Mechanism – Indo-Sri Lanka trade
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Regulations 3
RBI Update : Overseas foreign currency borrowings of Authorised Dealer Category-I banks
Authorised Dealer Category-I (AD Cat-I) banks is invited to the Foreign Exchange Management (Borrowing and
RBI Update : Investment by Foreign Portfolio Investors (FPI) in Debt – Relaxations
Authorised Dealer Category-I (AD Category-I) banks is invited to paragraph 3 of the press release on
RBI Update: Fully Accessible Route’ for Investment by Non-residents in Government Securities – Additional specified securities
It has been decided to designate the two securities listed in the following Table as
RBI Update: Exim Bank’s Government of India supported Short – Term Line of Credit (STLoC) of USD 55 million to the Government of the Democratic Socialist Republic of Sri Lanka for procurement of urea fertilizer from India
Export-Import Bank of India (Exim Bank) has entered into an agreement dated June 10, 2022
RBI Update: Section 42 of the Reserve Bank of India Act, 1934 and Section 18 and 24 of the Banking Regulation Act, 1949 – FCNR (B)/NRE Term deposits – Exemption from maintenance of CRR/SLR
Banks are required to include all Foreign Currency Non-Resident (Bank) [FCNR (B)] and Non-Resident (External)
RBI Update: Master Direction on Interest Rate on Deposits – Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] and Non-Resident (External) Rupee (NRE) Deposit
The banks are advised that with effect from July 07, 2022, the interest rate ceiling
RBI Update : Inclusion of “Unity Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934
“Unity Small Finance Bank Limited” has been included in the Second Schedule to the Reserve