Community & General Notification & Circulars

Guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/ Material Risk Takers and Control Function staff - Clarification

Notification No#RBI/2021-22/95 DOR.GOV.REC.44/29.67.001/2021-22 30 August 2021

Reserve Bank of India RBI/2021-22/95 DOR.GOV.REC.44/29.67.001/2021-22 August 30, 2021 All Private Sector Banks (including Local Area Banks, Small Finance Banks, Payments Banks) and Foreign Banks operating in India Dear Sir/Madam, Guidelines on Compensation of Whole Time Directors/ C..

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RBI Review of incentive and other measures to enhance distribution of coins

Notification No#RBI/2021-22/93 DCM (CC) No.97527/03.41.01/2021-22 27 August 2021

Reserve Bank of India RBI/2021-22/93 DCM (CC) No.97527/03.41.01/2021-22 August 27, 2021 The Chairman / Managing Director & Chief Executive Officer (All Scheduled Commercial banks including RRBs) Madam / Dear Sir, Review of incentive and other measures to enhance distribution of..

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Master Directions on Prepaid Payment Instruments (PPIs)

Notification No#RBI/DPSS/2021-22/82 CO.DPSS.POLC.No.S-479/02.14.006/2021-22 27 August 2021

Reserve Bank of India RBI/DPSS/2021-22/82 CO.DPSS.POLC.No.S-479/02.14.006/2021-22 August 27, 2021 All Prepaid Payment Instrument Issuers (Banks and Non-banks) and System Participants Madam / Dear Sir, Master Directions on Prepaid Payment Instruments (PPIs) This has refe..

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RBI Enhancements to Indo-Nepal Remittance Facility Scheme

Notification No#RBI/2021-22/94 CO.DPSS.RPPD.No.S475/04.09.003/2021-22 27 August 2021

Reserve Bank of India RBI/2021-22/94 CO.DPSS.RPPD.No.S475/04.09.003/2021-22 August 27, 2021 The Chairman / Managing Director / Chief Executive Officer of all banks participating in NEFT Madam / Dear Sir, Enhancements to Indo-Nepal Remittance Facility Scheme The Indo-Nepal Remitta..

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RBI appoints Shri Ajay Kumar as new Executive Director

Notification No#PR : 2021-2022/746 26 August 2021

Reserve Bank of India Date : Aug 26, 2021 The Reserve Bank of India has appointed Shri Ajay Kumar as Executive Director (ED) with effect from August 20, 2021. Prior to being promoted as ED, Shri Ajay Kumar was heading the New Delhi Regional Office of the Bank as Regional Director. Sh..

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Payments Infrastructure Development Fund – Inclusion of PM SVANidhi Scheme beneficiaries

Notification No#PR : 2021-2022/747 26 August 2021

Reserve Bank of India Date : Aug 26, 2021 The Payments Infrastructure Development Fund (PIDF) Scheme was announced by the Reserve Bank on January 5, 2021. The objective of the scheme was to encourage deployment of Points of Sale (PoS) infrastructure (both physical and digital mo..

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Notification as ‘Financial Institution’ under Section 2(1)(m)(iv) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)

Notification No#RBI/2021-22/91 DOR.FIN.REC.No.41/03.10.136/2021-22 25 August 2021

RBI/2021-22/91 DOR.FIN.REC.No.41/03.10.136/2021-22 August 25, 2021 All Housing Finance Companies (HFCs) Dear Sir/ Madam, Notification as ‘Financial Institution’ under Section 2(1)(m)(iv) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Int..

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Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021

Notification No#RBI/DOR/2021-22/81 DOR.MRG.42/21.04.141/2021-22 August 25, 2021 25 August 2021

RBI/DOR/2021-22/81 DOR.MRG.42/21.04.141/2021-22 August 25, 2021 All Commercial Banks (excluding RRBs) Dear Sir / Madam, Master Direction - Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021 The Reserve Bank of India has, from time to t..

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Safe Deposit Locker/Safe Custody Article Facility provided by the banks – Revised Instructions

Notification No#RBI/2021-2022/86 DOR.LEG.REC/40/09.07.005/2021-22 18 August 2021

RBI/2021-2022/86 DOR.LEG.REC/40/09.07.005/2021-22 August 18, 2021 All Scheduled Commercial Banks (including RRBs) All Co-operative Banks All Small Finance Banks All Payments Banks All Local Area Banks Madam/Sir, Safe Deposit Locker/Safe Custody Article Facility provided by the banks..

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RBI Monitoring of Availability of Cash in ATMs

Notification No#RBI/2021-22/84 DCM (RMMT) No.S153/11.01.01/2021-22 10 August 2021

RBI/2021-22/84 DCM (RMMT) No.S153/11.01.01/2021-22 August 10, 2021 The Chairman / Managing Director & CEO All Banks Dear Sir / Madam, Monitoring of Availability of Cash in ATMs As you are aware, the Reserve Bank of India has a mandate to issue banknotes and the banks are fulfil..

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