Notification & Circulars

Income-tax (Fifth Amendment) Rules, 2023

Notification No#28/2023 22 May 2023

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 22nd May, 2023 INCOME-TAX G.S.R. 379(E).– In exercise of the powers conferred by section 295 read with section 115BBJ, section 194BA, sub-section (3) of section 200 and proviso to su..

Posted in Income Tax

₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

Notification No#RBI/2023-24/33 DCM(Plg) No.S-239/10.27.00/2023-24 22 May 2023

RBI/2023-24/33 DCM(Plg) No.S-239/10.27.00/2023-24 May 22, 2023 The Chairman / Managing Director/ Chief Executive Officer All Banks Dear Sir /Madam, ₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender In continuation to our circular DC..

Posted in Community & General

RBI appoints Shri Neeraj Nigam as new Executive Director

Notification No#PR : 2023-2024/2 03 April 2023

The Reserve Bank of India Date : Apr 03, 2023 RBI appoints Shri Neeraj Nigam as new Executive Director The Reserve Bank of India (RBI) has appointed Shri Neeraj Nigam as Executive Director (ED) with effect from April 03, 2023. Prior to being promoted as ED, Shri Neeraj Nigam was heading th..

Posted in Community & General

Master Circular on Credit Facilities to Minority Communities

Notification No#RBI/2023-24/02 FIDD.GSSD.BC.No.02/09.10.001/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/02 FIDD.GSSD.BC.No.02/09.10.001/2023-24 April 01, 2023 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding RRBs and Foreign Banks with less than 20 branches) Madam/ Dear Sir, Master Circular on Credit Fa..

Posted in Community & General

Master Circular on SHG-Bank Linkage Programme

Notification No#RBI/2023-24/03 FIDD.CO.FID.BC.No.1/12.01.033/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/03 FIDD.CO.FID.BC.No.1/12.01.033/2023-24 April 01, 2023 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Madam/ Dear Sir Master Circular on SHG-Bank Linkage Programme The Reserve Bank of India has, from tim..

Posted in Community & General

Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances

Notification No#RBI/2023-24/06 DOR.STR.REC.3/21.04.048/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/06 DOR.STR.REC.3/21.04.048/2023-24 April 1, 2023 All Commercial Banks (excluding RRBs) Madam/Dear Sir Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances Please refer to the Master C..

Posted in Community & General

Master Direction – Reserve Bank of India (Classification, Valuation and Operation of Investment Portfolio of Primary (Urban) Co-operative Banks) Directions, 2023

Notification No#RBI/2023-24/96 DOR.MRG.REC.01/00-00-011/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/96 DOR.MRG.REC.01/00-00-011/2023-24 April 1, 2023 All Primary (Urban) Co-operative Banks Madam / Sir, Master Direction – Reserve Bank of India (Classification, Valuation and Operation of Investment Portfolio of Primary (Urban) Co-operative Bank..

Posted in Community & General

Master Circular - Guarantees, Co-Acceptances & Letters of Credit - UCBs

Notification No#RBI/2023-24/05 DoR.STR.REC.4/09.27.000/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/05 DoR.STR.REC.4/09.27.000/2023-24 April 1, 2023 The Managing Director / Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir / Madam, Master Circular - Guarantees, Co-Acceptances & Letters of Credit - UCBs Please refer ..

Posted in Community & General

Master Circular - Credit facilities to ST & SC

Notification No#RBI/2023-24/01 FIDD.CO.GSSD.BC.No.03/09.09.001/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/01 FIDD.CO.GSSD.BC.No.03/09.09.001/2023-24 April 01, 2023 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks (including Small Finance Banks) Madam / Dear Sir, Master Circular - Credit facilities to Scheduled Ca..

Posted in Community & General

Master Circular - Guarantees and Co-acceptances

Notification No#RBI/2023-24/04 DOR.STR.REC.5/13.07.010/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/04 DOR.STR.REC.5/13.07.010/2023-24 April 1, 2023 All Scheduled Commercial Banks (excluding Payments Banks and RRBs) Dear Sir / Madam Master Circular - Guarantees and Co-acceptances Please refer to the Master Circular DOR.STR.REC.8/13.07.010/..

Posted in Community & General