RBI Update: Sovereign Gold Bond (SGB) Scheme 2022-23 dated 16th December, 2022
RBI vide its Circular dated 16 th December, 2022 announced Series III and IV of Sovereign Gold Bond Scheme 2022-23 vide its Notification No F.No4.(6)-B (W&M)/2022 dated December 15, 2022, there will be a distinct series …
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RBI Updates: Formation of new district in the State of Assam – Assignment of Lead Bank Responsibility dated 20th December, 2022
Reserve Bank of India vide its Circular dated 20 th December, 2020 decided to assign the lead bank responsibility for the new district, which was notified by Government of Assam vide Gazette Notification No.GAG(B) 491/20…
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RBI Update: Review of SLR holdings in HTM category dated 8th December, 2022
Reserve Bank of India vide its Circular dated 8 th December, 2022, has referred to paragraph 1 of Statement on Development and Regulatory Policies of the Monetary Policy Statement, 2022-23 dated December 7, 2022 and Sect…
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RBI Updates: Liquidity Adjustment Facility- Change in rates dated 7th December, 2022
Reserve Bank of India vide its Circular dated 7 th December, 2022 announced in the Monetary Policy Statement, it has been decided by the Monetary Policy Committee (MPC) to increase the policy repo rate under the Liquidit…
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RBI Update: Change in Bank Rate dated 7th December, 2022
Reserve Bank of India vide its Circular dated 7 th December, 2022 with regard to the Circular DOR.RET.REC.70/12.01.001/2022-23 dated September 30, 2022, announced in the Monetary Policy Statement 2022-23, the Bank R…
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RBI Update: Standing Liquidity Facility for Primary Dealers dated 7th December, 2022
Reserve Bank of India vide its Circular dated 7 th December, 2022 announced in the Monetary Policy Statement 2022-23, it has been decided by Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liqu…
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RBI Update: Revised Regulatory Framework for Urban Co-operative Banks (UCBs) – Net Worth and Capital Adequacy dated 1st December, 2022
Reserve Bank of India vide its Circular dated 1 st December, 2022 having regard to the Revised Regulatory Framework for Urban Co-operative Banks (UCBs) emanating from the recommendations of Expert Committee on Urban Co-o…
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RBI Update: Revised Regulatory Framework - Categorization of Urban Co-operative Banks (UCBs) for Regulatory Purposes dated 1 st December, 2022
Reserve Bank of India vide its Circular dated 1 st December, 2022 has provided for a tiered regulatory framework is required to balance the spirit of mutuality and co-operation more prevalent in banks of smaller sizes an…
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RBI Update: Review of norms for classification of Urban Co-operative Banks (UCBs) as Financially Sound and Well Managed (FSWM) dated 1st December, 2022
Reserve Bank of India vide its Circular dated 1 st December, 2022 decided to revise the criteria for UCBs to be classified as Financially Sound and Well Managed (FSWM) in view of Revised Regulatory Framework for Urban Co…
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RBI Update: Operations of subsidiaries and branches of Indian banks and All India Financial Institutions (AIFIs) in foreign jurisdictions and in International Financial Services Centers (IFSCs) - Compliance with statutory/regulatory norms dated 1st December, 2022
Reserve Bank of India vide its Circular dated 1 st December, 2022 having regard to the circular DBOD.No.BP.BC.89/21.04.141/2008-09 dated December 1, 2008 and circular DBOD.No.BP.BC.111/21.04.157/2013-14 dated May 12, 201…
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