Master Circular on Credit Facilities to Minority Communities


Quick Summary
The Reserve Bank of India has issued a Master Circular consolidating all previous guidelines on providing credit facilities to Minority Communities. This document brings together directives issued by the RBI to scheduled commercial banks on this subject. It aims to provide a single, comprehensive reference for banks regarding lending to these communities.

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 Facilities to Minority Communities

The Reserve Bank of India has periodically issued guidelines/instructions/directives to banks with regard to providing credit facilities to Minority Communities. The Master Circular enclosed consolidates the circulars issued by Reserve Bank on the subject till date, as listed in the Appendix.

Yours faithfully,

(Nisha Nambiar)
Chief General Manager

Encl: As above

FAQ :

The Master Circular consolidates all previous guidelines, instructions, and directives issued by the Reserve Bank of India regarding the provision of credit facilities to Minority Communities.

The Master Circular has been issued by the Reserve Bank of India (RBI).

All Scheduled Commercial Banks, excluding Regional Rural Banks (RRBs) and Foreign Banks with fewer than 20 branches, are covered by this circular.

It contains a consolidated list of all circulars issued by the Reserve Bank of India on the subject of credit facilities to Minority Communities up to April 01, 2023.

 

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Notification No : RBI/2023-24/02 FIDD.GSSD.BC.No.02/09.10.001/2023-24
Published in Community & General
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12467&Mode=0
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