RBI issued Master Circular - Credit Facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs) The following has been stated Role of Banks Bank staff may help the borrowers in filling up the forms and c…
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RBI issued the Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) The following has been stated The Ministry of Rural Development (MoRD), Government of India launched the Na…
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RBI issued the Master Circular on SHG-Bank Linkage Programme The following is being stated Self Help Groups (SHGs) have the potential to bring together the formal banking structure and the rural poor for mutual…
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he Master Direction on Transfer of Loan Exposures, 2021 dated September 24, 2021 (“MD-TLE”), prescribes, inter alia , prudential treatment for transfer of loans by the eligible transferors to Asset Reconstruction Compani…
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It has been decided to conduct Special Clearing under CTS exclusively for Government Cheques on March 31, 2025 as detailed below: Date Presentation Session Return Session March 31, 2025 (Monday) 17:00 Hours to 17:30…
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RBI has issued Master Directions on Reserve Bank of India (Prudential Norms on Capital Adequacy for Regional Rural Banks) Directions, 2025 These Directions shall apply to all Regional Rural Banks (RRBs). This M…
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RBI has issued the notification regarding the Gold Monetization Scheme (GMS), 2015 - Amendment The following has been stated Reference Update – The amended provisions include an additional reference to a press release da…
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The Reserve Bank of India (RBI) has unveiled its revised guidelines on Priority Sector Lending (PSL), which will come into effect on April 1, 2025. The revised guidelines come with several important changes, each ai…
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Revised PSL Target for Urban Co-operative Banks (UCBs) The guidelines also revise the overall PSL target for Urban Co-operative Banks (UCBs). The new target mandates that UCBs must ensure that 60 percent of their Ad…
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All branches of the banks dealing with Government receipts and payments are to be kept open for transactions on March 31, 2025 (Monday-Public Holiday), so as to account for the Government transactions in FY 2024-25 itsel…
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