RBI Update: Extension of timeline for implementation of certain provisions of Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022
It has been decided to extend the timeline for implementation of the following provisions of
RBI Update: Processing of e-mandates for recurring transactions
The e-mandate framework prescribed an Additional Factor of Authentication (AFA), inter alia, while processing the
RBI Update: Bank finance to Government owned entities
The Reserve Bank of India (RBI) on June 14 asked banks to comply with regulations
RBI Update : Punjab and Maharashtra Co-operative Bank Limited (Amalgamation with Unity Small Finance Bank Limited) Scheme, 2022 – Provisioning on interbank exposure and valuation of Perpetual Non-Cumulative Preference Shares (PNCPS) and Equity Warrants
The Reserve Bank on 10th June 2022 issued fresh provisioning norms for urban cooperative banks’ interbank exposure
RBI Update: Discontinuation of Return under Foreign Exchange Management Act, 1999
Attention of Authorised Persons is invited to A.P. (DIR series) circular No 26, dated February 18,
RBI Update: Individual Housing loans – Enhancement in limits
It has been decided to revise the limits on individual housing loans sanctioned by urban
RBI Update: Section 23 of the Banking Regulation Act, 1949 – Doorstep Banking
Primary (Urban) Co-operative Banks (UCBs) are required to seek prior approval of the Reserve Bank
RBI Update: Enhancement in Individual Housing Loan limits and credit to Commercial Real Estate – Residential Housing (CRE-RH)
It has been decided to revise the limits on residential housing loans sanctioned by rural
RBI Update : Change in Bank Rate
The Bank Rate is revised upwards by 50 basis points from 4.65 per cent to
RBI Update: Standing Liquidity Facility for Primary Dealers
The policy repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 50