Notification & Circulars


Perpetual Validity for Certificate of Authorisation (CoA) issued to Payment System Operators (PSOs) under Payment and Settlement Systems Act, 2007 (PSS Act)

 Notification No#RBI/2020-21/72 DPSS.CO.AD.No.724/02.27.005/2020-21     04 December 2020

Reserve Bank of India RBI/2020-21/72 DPSS.CO.AD.No.724/02.27.005/2020-21 December 4, 2020 The Chairman / Managing Director / Chief Executive Officer Authorised Non-bank Payment System Operators Madam / Dear Sir. Perpetual Validity for Certificate of Authorisation (CoA) issued to Pay..


Card transactions in Contactless mode – Relaxation in requirement of Additional Factor of Authentication

 Notification No#RBI/2020-21/71 DPSS.CO.PD No.752/02.14.003/2020-21     04 December 2020

Reserve Bank of India RBI/2020-21/71 DPSS.CO.PD No.752/02.14.003/2020-21 December 04, 2020 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co..


External Trade–Facilitation- Export of Goods and Services

 Notification No#RBI/2020-21/77 A.P. (DIR Series) Circular No. 08     04 December 2020

Reserve Bank of India RBI/2020-21/77 A.P. (DIR Series) Circular No. 08 December 04, 2020 To, All Category – I Authorised Dealer Banks Madam / Sir, External Trade–Facilitation- Export of Goods and Services Please refer to the Statement on Development and Regulatory P..


24×7 Availability of Real Time Gross Settlement (RTGS) System

 Notification No#RBI/2020-21/70 DPSS (CO) RTGS No.750/04.04.016/2020-21     04 December 2020

Reserve Bank of India RBI/2020-21/70 DPSS (CO) RTGS No.750/04.04.016/2020-21 December 04, 2020 The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS Madam / Dear Sir, 24×7 Availability of Real Time Gross Settlement (RTGS) System A ..


Processing of e-mandates for recurring transactions

 Notification No#RBI/2020-21/74 DPSS.CO.PD No.754/02.14.003/2020-21     04 December 2020

Reserve Bank of India RBI/2020-21/74 DPSS.CO.PD No.754/02.14.003/2020-21 December 04, 2020 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks, including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central C..


Authorisation of entities for operating a Payment System under the Payment and Settlement Systems Act, 2007 (PSS Act) – Introduction of Cooling Period

 Notification No#RBI/2020-21/73 DPSS.CO.OD.No.753/06.08.005/2020-21     04 December 2020

Reserve Bank of India RBI/2020-21/73 DPSS.CO.OD.No.753/06.08.005/2020-21 December 4, 2020 The Chairman / Managing Director / Chief Executive Officer Non-bank Payment System Operators Madam / Dear Sir Authorisation of entities for operating a Payment System under the Payment and ..


Monetary Policy Statement, 2020-21 Resolution of the Monetary Policy Committee (MPC) December 2-4, 2020

 Notification No#2020-2021/720     04 December 2020

Reserve Bank of India Date : Dec 04, 2020 Monetary Policy Statement, 2020-21 Resolution of the Monetary Policy Committee (MPC) December 2-4, 2020 On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today ..


Declaration of dividends by banks

 Notification No#RBI/2020-21/75 DOR.BP.BC.No.29/21.02.067/2020-21     04 December 2020

RBI/2020-21/75 DOR.BP.BC.No.29/21.02.067/2020-21 December 4, 2020 All Commercial Banks and All Cooperative Banks, Madam / Dear Sir, Declaration of dividends by banks Please refer to our circular DOR.BP.BC.No.64/21.02.067/2019-20 dated April 17, 2020, on the captioned subject. ..


Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Regional Rural Banks (RRBs)

 Notification No#RBI/2020-21/76 DOR.RRB.No.28/31.01.001/2020-21     04 December 2020

RBI/2020-21/76 DOR.RRB.No.28/31.01.001/2020-21 December 4, 2020 All Regional Rural Banks Madam/ Sir, Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Regional Rural Banks (RRBs) In order to provide an additional avenue for liquidity managem..


Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020

 Notification No#21/2020     04 December 2020

Circular No. 21 /2020 F. No. IT(A)/1/2020-TPL Government of India  Ministry of Finance  Department of Revenue  Central Board of Direct Taxes Dated: 4th December, 2020  Sub.: Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 - reg. With the obje..

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