Category Archives: RBI

Master Direction – Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 2016

By | August 31, 2016

RBI/DNBR/2016-17/41 Master Direction DNBR. PD. 005/03.10.119/2016-17 August 25, 2016 Master Direction – Miscellaneous Non-Banking Companies (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 credit system to the advantage of the… Read More »

Category: RBI

Master Direction – Standalone Primary Dealers (Reserve Bank) Directions, 2016

By | August 31, 2016

RBI/DNBR/2016-17/42 Master Direction DNBR.PD.004/03.10.119/2016-17 August 25, 2016 Master Direction – Standalone Primary Dealers (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 advantage of the country and… Read More »

Category: RBI

Master Direction – Residuary Non-Banking Companies (Reserve Bank) Directions, 2016

By | August 31, 2016

RBI/DNBR/2016-17/43 Master Direction DNBR. PD.006/13.10.119/2016-17 August 25, 2016 Master Direction – Residuary Non-Banking Companies (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 credit system to the advantage of the country,… Read More »

Category: RBI

Review of Prudential Norms –Risk Weights for Exposures to Corporates, AFCs and NBFC-IFCs

By | August 31, 2016

RBI/2016-17/44 DBR.No.BP.BC.6/21.06.001/2016-17 August 25, 2016 All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir/Madam, Review of Prudential Norms –Risk Weights for Exposures to Corporates, AFCs and NBFC-IFCs Please refer to para 5.8 of Master Circular on Basel III capital regulations dated July 1, 2015 on exposures to the captioned entities.… Read More »

Category: RBI

Prudential Norms for Off-balance Sheet Exposures of Banks – Restructuring of derivative contracts

By | August 31, 2016

RBI/2016-17/45 DBR.No.BP.BC.7/21.04.157/2016-17 August 25, 2016 All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir/Madam, Prudential Norms for Off-balance Sheet Exposures of Banks – Restructuring of derivative contracts Please refer to circular DBOD.No.BP.BC.57/21.04.157/2008-09 dated October 13, 2008 on the captioned subject. Para 2.2 of the circular requires that in cases where… Read More »

Category: RBI

Partial Credit Enhancement (PCE) to Corporate Bonds

By | August 31, 2016

RBI/2016-17/43 DBR.BP.BC.No.5/21.04.142/2016-17 August 25, 2016 All Scheduled Commercial Banks (excluding RRBs) Partial Credit Enhancement (PCE) to Corporate Bonds Please refer to the circular DBR.BP.BC.No.40/21.04.142/2015-16 dated September 24, 2015 on the captioned subject. 2. In terms of para II.6 of the above-mentioned circular, the aggregate exposure limit of all banks towards the PCE for a given… Read More »

Category: RBI

Repo/Reverse repo in Corporate Debt Securities

By | August 31, 2016

Repo/Reverse repo in Corporate Debt Securities RBI/2016-17/48 FMRD.DIRD.5/14.01.009/2016-17 August 25, 2016 To All Market Participants Dear Sir/Madam, Repo / Reverse repo in Corporate Debt Securities A reference is invited to our circular FMRD.DIRD.04/14.03.002/2014-15 dated February 3, 2015 enclosing the Repo in Corporate Debt Securities (Reserve Bank) Directions, 2015. 2. It has now been decided to… Read More »

Category: RBI

Market Repo Transactions in Government Securities Market

By | August 31, 2016

Market Repo Transactions in Government Securities Market RBI/2016-17/49 FMRD.DIRD.6/14.03.002/2016-17 August 25, 2016 All Market Participants Dear Sir/Madam, Market Repo Transactions in Government Securities Market Please refer to paragraph 34 of the fourth Bi-monthly Monetary Policy Statement 2015-16 dated September 29, 2015 wherein it was stated that the Reserve Bank will review restrictions placed on repo… Read More »

Category: RBI

Sovereign Gold Bonds 2016-17 – Series II

By | August 31, 2016

RBI/2016-17/53 IDMD.CDD.No.462/14.04.050/2016-17 August 29, 2016 The Chairman & Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding Corporation of India Ltd.(SHCIL) National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bonds 2016-17 – Series II Government of India has, vide its Notification F.No. 4(7)-W&M/2016 dated… Read More »

Category: RBI

Sovereign Gold Bonds 2016-17 Series II – Operational Guidelines

By | August 31, 2016

Sovereign Gold Bonds 2016-17 Series II – Operational Guidelines RBI/2016-17/54 IDMD.CDD.No.463/14.04.050/2016-17 August 29, 2016 The Chairman & Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding Corporation of India Ltd.( SHCIL) National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bonds 2016-17 Series II –… Read More »

Category: RBI