Import of Shipping Vessel – Relaxation
RBI/2025-26/55 A.P. (DIR Series) Circular No. 07 June 13, 2025 All Authorised Dealer Category-I banks Madam / Sir, Import of Shipping Vessel – Relaxation Attention of Authorised Dealer (AD) Category – I banks is invited to Para C.1 of Master Direction – Import of Goods and Services (MD-Imports) dated January 01, 2016. 2. With a […]
Stripping/Reconstitution in State Government Securities
RBI/2025-26/54IDMD.RD.S390/10.18.060/2025-26 June 12, 2025 All Market Participants Madam/Sir, Stripping/Reconstitution in State Government Securities Please refer to paragraph No.1 of the Statement on Developmental and Regulatory Policies announced on August 07, 2019 on the proposal to introduce stripping/reconstitution facility for State Development Loans1 (SDLs), in consultation with the respective State Governments. 2. Based on consultation with […]
Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025
RBI/2025-26/51 DOR.AML.REC.30/14.01.001/2025-26 June 12, 2025 Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025 Reserve Bank had issued Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016 (hereinafter referred to as Master Direction) in compliance of the provisions of the PML Act, 2002 and the Rules made thereunder. There is a need […]
Updation/ Periodic Updation of KYC – Revised Instructions
RBI/2025-26/53 DOR.AML.REC.31/14.01.001/2025-26 June 12, 2025 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/ Madam, Updation/ Periodic Updation of KYC – Revised Instructions Please refer to instructions on updation/ periodic updation of KYC as contained in paragraph 38 of Master Direction – Know Your Customer (KYC) Direction, 2016 dated February 25, 2016 (as amended […]
Inoperative Accounts/ Unclaimed Deposits in Banks – Revised Instructions (Amendment) 2025
RBI/2025-26/52 DOR.SOG(LEG).REC/32/09.08.024/2025-26 June 12, 2025 All Commercial Banks (including RRBs) and all Co-operative Banks Madam/ Dear Sir Inoperative Accounts/ Unclaimed Deposits in Banks – Revised Instructions (Amendment) 2025 As per instructions, issued vide circular DOR.SOG (LEG).REC/64/09.08.024/2023-24 dated January 1, 2024 (hereinafter called the extant instructions), the credit balance in any deposit account maintained with banks, […]
Basel III Capital Regulations – External Credit Assessment Institution (ECAI)
RBI/2025-26/50 DOR.STR.REC.29/21.06.008/2025-26 June 09, 2025 All Scheduled Commercial Banks(including Small Finance Banks)(excluding Local Area Banks, Payments Banks and Regional Rural Banks) Dear Sir/ Madam, Basel III Capital Regulations – External Credit Assessment Institution (ECAI) Please refer to paragraph 6.1.2 of the Master Circular No. DOR.CAP.REC.2/21.06.201/2025-26 dated April 1, 2025 on Basel III Capital Regulations, wherein […]
Non-achievement of PSL targets – Prudential treatment of contribution towards eligible funds with NABARD, NHB, SIDBI and MUDRA Ltd.
RBI/2025-26/49 DoR.CRE.REC.28/07.10.002/2025-26 June 9, 2025 Primary (Urban) Co-operative Banks other than Salary Earners’ Banks Madam / Dear Sir, Non-achievement of PSL targets – Prudential treatment of contribution towards eligible funds with NABARD, NHB, SIDBI and MUDRA Ltd. A. Exemption from exposure norms In terms of para 2.1 of circular DOR (PCB).BPD.Cir No.10/13.05.000/2019-20 dated March 13, […]
Large Exposures Framework – Amendment in the list of exempted exposures
RBI/2025-26/48 DOR.CRE.REC.27/21.01.003/2025-26 June 9, 2025 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam / Dear Sir, Large Exposures Framework – Amendment in the list of exempted exposures Please refer to paragraph 3.1 of the Annex to the circular DBR.No.BP.BC.43/21.01.003/2018-19 dated June 03, 2019 on ‘Large Exposures Framework’ (LEF) in terms of which “deposits maintained […]
Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 10 (R)(6)/2025-RB April 29, 2025 Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025 In exercise of the powers conferred by section 9 and clause (e) of sub-section (2) of section 47 of […]
Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025
RBI/2025-26/47 DOR.CRE.REC.26/21.01.023/2025-26 June 6, 2025 Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025 Contents A. Introduction B. Powers Exercised and Commencement C. Scope D. Definitions E. General Conditions Applicable to all Loans against Eligible Collateral Restrictions and Ceilings Valuation and Assaying of Gold and Silver collateral Loan to Value Ratio (LTV) […]