RBI Update – Credit Flow to Agriculture – Collateral free agricultural loans
It has been decided to raise the limit for collateral free agricultural loans including loans
RBI Update – Maintenance of Cash Reserve Ratio (CRR)
Banks are required to maintain the CRR at 4.25 per cent of their NDTL effective
RBI Update – Interest Rates on Foreign Currency (Non-resident) Accounts (Banks) [FCNR(B)] Deposits
It has been decided to increase the interest rates ceiling on fresh FCNR(B) deposits raised
RBI Update – Amendment to Framework for Facilitating Small Value Digital Payments in Offline Mode
RBI circular dated January 03, 2022 (updated as on August 24, 2023) which enabled small value
RBI Update – Inoperative Accounts / Unclaimed Deposits in banks
The banks are, advised to take necessary steps urgently to bring down the number of
RBI Update – Fully Accessible Route’ for Investment by Non-residents in Government Securities – Inclusion of Sovereign Green Bonds
The Government Securities that are eligible for investment under the FAR (‘specified securities’) were notified
RBI Update – Amendment to the Master Direction – Know Your Customer (KYC) Direction, 2016
The Master Direction on KYC has been amended to (a) align the instructions with the
RBI Update – Directions for Central Counterparties (CCPs)
Based on a periodic review of the Directions for CCPs, the updated directions governing the
RBI Update – Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2024
These Directions shall be called the Reserve Bank of India (Access Criteria for NDS-OM) Directions,
RBI Update – Submission of information to Credit Information Companies (CICs) by ARCs
Submission of information to Credit Information Companies’1, ARCs had been advised to become a member