Category Archives: other Acts

RBI/DNBR/2016-17/44 Master Direction DNBR.PD.007/03.10.119/2016-17 September 01, 2016 Master Direction – Non-Banking Financial Company –Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016 The Reserve Bank of India (the Bank), having considered it necessary in the public interest, and being satisfied that, for the purpose of enabling the Bank to regulate the financial system to the… Read More »

RBI/DNBR/2016-17/45 Master Direction DNBR. PD. 008/03.10.119/2016-17 September 01, 2016 Master Direction – Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 The Reserve Bank of India (the Bank), having considered it necessary in the public interest, and being satisfied that, for the purpose of enabling the Bank… Read More »

RBI/2016-17/55 FIDD.CO.Plan.BC.14/ 04.09.01/2016-17 September 1, 2016 The Chairman/ Managing Director Chief Executive Officer [All Domestic Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Priority Sector Lending – Targets and Classification: Lending to non-corporate farmers – System wide average of last three years It was communicated vide our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16,… Read More »

RBI/2016-17/56 DBR.No.BP.BC.9/21.04.048/2016-17 September 1, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Guidelines on Sale of Stressed Assets by Banks The Reserve Bank of India, as part of the Framework for Revitalising Distressed Assets in the Economy, had amended certain guidelines relating to sale of non-performing assets (NPAs) by banks to Securitisation… Read More »

RBI/2016-17/57 DCBR.BPD (PCB).BC.No.3/12.05.001/2016-17 September 1, 2016 The Chief Executive Officers Salary Earners Primary (Urban) Co-operative Banks Dear Sir/Madam, Advances against Term Deposits of Non-members In terms of our circular UBD.No.BL.(SEB)5A/07.01.00-2001/02 dated August 8, 2001, Salary Earners’ Primary (Urban) Co-operative Banks (SEBs) applying for permission to open branches should ensure, inter alia, that their byelaws do… Read More »

RBI/2016-17/58 DBR.CID.BC.No.11/20.16.042/2016-17 September 1, 2016 All Credit Information Companies Dear Sir/Madam Free Annual Credit Report to Individuals As you are aware, the Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri) constituted by the Reserve Bank of India (RBI) had recommended that each customer of a… Read More »

RBI/2016-17/59 DPSS.CO.PD No.639/02.14.003/2016-17 September 1, 2016 All Scheduled Commercial Banks including RRBs/ Co-operative Banks/ State Co-operative Banks/ Central Co-operative Banks/ Authorised Card Payment Networks Dear Madam / Sir, Merchant Discount Rates (MDR) structure – unbundling of charges A reference is invited to our circulars DPSS.CO.PD.No.2361/02.14.003/2011-12 dated June 28, 2012 and DPSS.CO.PD.No.27/02.14.003/2012-13 dated July 04, 2012… Read More »