Blog Archives

Prepaid Payment Instruments (PPIs) – Guidelines for Interoperability

Interoperability is the technical compatibility that enables a payment system to be used in conjunction with other payment systems. Interoperability allows PPI Issuers, System Providers and System Participants in different systems to undertake, clear and settle payment transactions across systems without participating in multiple systems.

Master Direction – RBI (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – RRBs

(a) These Directions shall be called the Reserve Bank of India (Relief Measures by Banks in Areas Affected by Natural Calamities) Directions, 2018. (b) These Directions shall come into effect on the day they are placed on the official website of the Reserve Bank of India.

RBI Directions on Governance of authorised domestic CCPs

Directions governing the functioning of CCPs are given in this circular for compliance. The CCPs shall continue to ensure compliance with the Principles for Financial Market Infrastructures (PFMI). It Contains Section A- Directions on Governance of domestic CCPs authorised to operate in India by the RBI, Section B –Directions on Networth requirements and Ownership of […]

Sovereign Gold Bond Scheme 2018-19, Operational Guidelines

RBI/2018-19/58 IDMD.CDD.No.822/14.04.050/2018-19 October 08, 2018 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 Bond Scheme 2018-19, Operational Guidelines This has reference to the GoI notification F.No.4(22)-W&M/2018 and RBI circular IDMD.CDD.No. /14.04.050/2018-19 […]

Impact Of Increase In Non-Performing Assets In Bank– Comparative Analysis Of Public Sector And Private Sector Banks In India

The banking system plays a vital role in the finance sector. Without the sound and efficient system of the bank will lead to a healthy economy. The Narasimhan committee introduced the concept of non- performing assets. And it is the best way for judging the status of the bank.

RBI releases Discussion Paper on ‘Voluntary Retention Route’ (VRR) for investment by FPIs

Reserve Bank of India today released a discussion paper on ‘Voluntary Retention Route’ (VRR) for investment by FPIs. Comments on the discussion paper are invited from market participants and other interested parties by October 19, 2018. Feedback on the discussion paper may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department […]

RBI keeps repo rate unchanged at 6.5% in it’s monetary policy review

1. Press Statement on Fourth Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India The Monetary Policy Committee (MPC) in its fourth bi-monthly statement, issued on 05.10.2018, on the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, decided to keep the […]

RBI releases Draft Directions on Prohibition of Market Abuse

Date : Sep 28, 2018 The Reserve Bank of India today released draft directions on Prohibition of Market Abuse. Comments on the draft directions are invited from market participants and other interested parties by October 31, 2018 Feedback on the draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation […]

RBI broadened trading scope for banks, Government withdraws withholding tax- Blooms for Masala Bonds!

Masala Bond are reckoned as most evolving and effectual debt instrument for the Indian Corporates with more option to blend their debt portfolio to optimize the borrowings and minimize the cost. The objective of Masala Bonds is to fund big projects and pacing the internal growth of the Corporates. The term Masala was used by the International Finance Corporation (IFC) to evoke the culture and cuisine of India.

Co-origination of loans by Banks and NBFCs for lending to priority sector

The bank can claim priority sector status in respect of its share of credit while engaging in the co-origination arrangement. However, the priority sector assets on the bank’s books should at all times be without recourse to the NBFC. Further, the loans extended by foreign banks under the co-origination framework shall be restricted only to loans qualifying as priority sector assets.