RBI Update: Liquidity Adjustment Facility – Change in rates
It has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo
RBI Update : Branches of Indian Banks operating in GIFT-IFSC – acting as Professional Clearing Member (PCM) of India International Bullion Exchange IFSC Limited (IIBX)
The Reserve Bank of India (RBI) on June 7, 2022 has issued Notification regarding Branches
RBI Update: Provisioning for Standard assets by Non-Banking Financial Company – Upper Layer
The Reserve Bank of India on June 06, 2022, issued guidelines on differential provisioning to
RBI Updates: Interest Equalization Scheme (IES) on Pre and Post Shipment Rupee Export Credit – Extension
Please refer to paragraph 2.4 of the circular dated March 8, 2022, wherein it was stated
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