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RBI Updates

RBI Update
RBI 13 February 2023
RBI Update: Liquidity Adjustment Facility- Change in rates dated 8th February, 2023

Reserve Bank of India vide its Circular dated 8 th February, 2023 announced in the Monetary Policy Statement dated February 08, 2023, it has been decided by the Monetary Policy Committee (MPC) to increase the policy repo…

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RBI Update
RBI 13 February 2023
RBI Update- Standing Liquidity Facility for Primary Dealers- 8th February, 2023

Reserve Bank of India vide its Circular dated 8 th February, 2023 decided to increase the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.25 per cent to 6.50 per cent by the Monet…

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RBI Update
RBI 7 February 2023
RBI Update: Implementation of Section 51A of UAPA,1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List (Amendments to 29 entries) dated 3rd February, 2023

Reserve Bank of India vide its Circular dated 3 rd February, 2023 has referred to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on May 10, 2021 (MD on KYC), in terms of which…

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RBI Update
RBI 7 February 2023
RBI Update: Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Addition of 1 entry dated 30th January, 2023

Reserve Bank of India vide its Circular dated 30 th January, 2023 has referred to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on May 10 , 2021 , wherein it is mentioned tha…

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RBI Update
RBI 1 February 2023
RBI Update: Designation of 3 individuals as ‘Terrorists’ under Section 35 (1) (a) of the Unlawful Activities (Prevention) Act (UAPA), 1967 and their listing in the Schedule IV of the Act-Reg dated 24th January, 2023

Reserve Bank of India vide its circular dated 24 th January, 2023 has referred to Section 53 of its Master Direction on Know Your Customer dated February 25, 2016 as amended on May 10, 2021 wherein it has directed that t…

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RBI Update
RBI 1 February 2023
RBI Update: ‘Fully Accessible Route’ for Investment by Non-residents in Government Securities – Inclusion of Sovereign Green Bonds dated 23rd January, 2023

Reserve Bank of India vide its Circular dated 23 rd January, 2023, has issued a notification regarding the ‘Fully Accessible Route’ (FAR) for Investment by Non-residents in Government Securities – Inclusion of Sovereign …

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RBI Update
RBI 1 February 2023
RBI Update: Safe Deposit Locker/Safe Custody Article Facility provided by banks dated 23rd January, 2023

Reserve Bank of India vide its Circular dated 23 rd January, 2023 referred to the RBI circular DOR.LEG.REC/40/09.07.005/2021-22 dated August 18, 2021 wherein banks were required to renew their locker agreements with exis…

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RBI Update
RBI 1 February 2023
RBI Update: Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Addition of 1 entry dated 17th January, 2023

Reserve Bank of India vide its Circular dated 17 th January, 2023, has referred to Section 51 of its Master Direction on Know Your Customer dated February 25, 2016 as amended on May 10 , 2021, wherein it is mentioned tha…

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RBI Update
RBI 1 February 2023
RBI Update: Designation of two individuals and one organisation under Section 35(1) (a) and 2(1) (m) of the Unlawful Activities (Prevention) Act,1967 and their listing in the First and Fourth Schedule of the Act dated 17th January, 2023

Reserve Bank of India vide its Circular dated 17 th January, 2023, has referred to Section 53 of its Master Direction on Know Your Customer dated February 25, 2016 as amended on May 10, 2021 and has directed that the pro…

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RBI Update
RBI 1 February 2023
RBI Update: Master Direction – Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights in Banking Companies) Directions, 2023 dated 16th January, 2023

Reserve Bank of India vide its notification dated 16th January, 2023, has come up with this Master Direction with the purpose to ensure that the ultimate ownership and control of banking companies are well diversified an…

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