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External Commercial Borrowings (ECB) and Trade Credits (TC) Policy – Changes due to LIBOR transition

 Notification No#RBI/2021-22/135 A.P. (DIR Series) Circular No. 19     08 December 2021

RBI/2021-22/135 A.P. (DIR Series) Circular No. 19 December 08, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) and Trade Credits (TC) Policy – Changes due to LIBOR transition Please refer to paragraph 3 of the Governor&rs..

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General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits in these centres by banks incorporated in India

 Notification No#RBI/2021-22/136 DOR.CAP.REC.No.72/21.06.201/2021-22     08 December 2021

RBI/2021-22/136 DOR.CAP.REC.No.72/21.06.201/2021-22 December 08, 2021 Dear Sir/ Madam, General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits in these centres by banks incorporated in India Please refer to para 1..

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RBI Statement on Developmental and Regulatory Policies

 Notification No#Press Release: 2021-2022/1323     08 December 2021

Reserve Bank of India Date : Dec 08, 2021 Statement on Developmental and Regulatory Policies This Statement sets out various developmental and regulatory policy measures relating to (i) regulation and supervision; (ii) financial markets; and (ii) payment and settlement systems. I. R..

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Performance of the private corporate business sector during Q2:2021-22

 Notification No#PR: 2021-2022/1329     08 December 2021

Reserve Bank of India Date : Dec 08, 2021 Performance of the private corporate business sector during Q2:2021-22 Today, the Reserve Bank released data on the performance of the private corporate sector during the second quarter of 2021-22 drawn from abridged quarterly financial results of 2,716..

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Reserve Bank of India retains the Advisory Committee of Reliance Capital Ltd

 Notification No#PR: 2021-2022/1319     07 December 2021

Reserve Bank of India Date : Dec 07, 2021 Reserve Bank of India retains the Advisory Committee of Reliance Capital Ltd It may be recalled that, in exercise of powers conferred under Section 45-IE (5) (a) of the RBI Act, 1934, the Reserve Bank had, on November 30, 2021, constituted..

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RBI appoints an Advisory Committee to advise the Administrator of M/s Reliance Capital Ltd

 Notification No#PR : 2021-2022/1285     30 November 2021

Reserve Bank of India Date : Nov 30, 2021 The Reserve Bank of India, on November 29, 2021 has superseded the board of directors of Reliance Capital Ltd. and appointed Shri Nageswara Rao Y, ex-Executive Director, Bank of Maharashtra, as the Administrator. In exercise of powers co..

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Supersession of the Board of Directors and Appointment of Administrator – M/s Reliance Capital Ltd

 Notification No#PR : 2021-2022/1272     29 November 2021

Reserve Bank of India Date : Nov 29, 2021   In exercise of the powers conferred under Section 45-IE (1) of the Reserve Bank of India Act, 1934, the Reserve Bank has today superseded the Board of Directors of M/s Reliance Capital Ltd (RCL) in view of the defaults by RCL in meeting ..

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Inclusion in/exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - Regional Rural Banks (RRBs)

 Notification No#RBI/2021-22/133 DOR.Rur.REC.70/31.04.002/2021-22     22 November 2021

RBI/2021-22/133 DOR.Rur.REC.70/31.04.002/2021-22 November 22, 2021 All Regional Rural Banks Madam/Sir, Inclusion in/exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - Regional Rural Banks (RRBs) We advise that the name of Baroda UP Bank has been included to a..

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Caution against various Co-operative societies using the word “Bank” in their names

 Notification No#PB : 2021-2022/1230     22 November 2021

The Banking Regulation Act, 1949 (BR Act, 1949) was amended by the Banking Regulation (Amendment) Act, 2020 (Act 39 of 2020) which came into force on September 29, 2020. Accordingly, co-operative societies cannot use the words “bank", "banker" or "banking" as part of t..

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Regulations Review Authority (RRA) 2.0 – Interim Recommendations – Withdrawal of Redundant Circulars RBI/2021-22/128

 Notification No#RBI/2021-22/128 DoR.RRA.69/01.01.101/2021-22     16 November 2021

RBI/2021-22/128 DoR.RRA.69/01.01.101/2021-22 November 16, 2021 All Scheduled Commercial Banks All Payments Banks All Small Finance Banks All Local Area Banks Madam/Dear Sir Regulations Review Authority (RRA) 2.0 – Interim Recommendations – Withdrawal of Redundant Circular..

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