Search Results for Tag : Master Direction

Judgments

Lender banks have to provide an opportunity of hearing to the borrowers before classifying their account as fraud(27.03.2023)

The civil appeals arise out of a challenge to the Reserve Bank of India (Frauds Classification and Reporting by Commercial Banks and Select FIs) Direc.....

Tags : Master Directions, Natural justice, Legality

Top Story

RBI issues Master Directions on Prepaid Payment Instruments (PPIs)(27.08.2021)

Reserve Bank of India (RBI) issues Master Directions on PPIs in public interest. The provisions of MD-PPIs shall apply to all Prepaid Payment Instrume.....

Tags : Master Directions, Directions, Issuance

RBI issues directions for handling wilful defaulters(21.09.2023)

The Reserve Bank of India (RBI) has introduced a scheme for handling wilful defaulters, effective from April 1, 1999. These guidelines were subsequent.....

Tags : Master Direction, Wilful Defaulters, Scheme

News

RBI Issues 17 Master Directions Related to FEMA(05.01.2016)

Reserve Bank of India (RBI) has issued 17 Master Directions covering foreign exchange transactions on various regulatory issues in order to simplify .....

Tags : Reserve Bank of India, Master Directions

Notifications & Circulars

Amendment to Master Direction (MD) on KYC(29.05.2019)

1. Government of India, vide Gazette Notification G.S.R. 108(E) dated February 13, 2019, has notified amendments to the Prevention of Money-laundering.....

Tags : Amendment, Master Direction, KYC

Reserve Bank of India (Classification, Valuation and Operation of Investment Portfolio of Commercial Banks) Directions, 2021(25.08.2021)

1. The Reserve Bank of India has, from time to time, issued several guidelines/instructions/directives to the banks on Prudential Norms for Classifica.....

Tags : Master Directions, Investment Portfolio by Banks

Notification as 'Financial Institution' under Section 2(1)(m)(iv) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002(25.08.2021)

1. Please refer to Para 105 of Master Direction - Non-Banking Financial Company - Housing Finance Company (Reserve Bank) Directions, 2021 wherein cert.....

Tags : Financial Institution. Modification, Master Directions

RBI issues Master Directions on Foreign Exchange(04.01.2016)

The Reserve Bank of India released 17 Master Directions covering foreign exchang.....

Tags : Rbi, master directions, fema, 2016

Draft Master Direction on Outsourcing of Information Technology (IT) Services(23.06.2022)

1. Regulated Entities (REs) have been extensively leveraging Information Technology (IT) and IT-enabled services (ITeS) in their business, products an.....

Tags : Master Direction, Outsourcing, IT Services

Amendment to the Master Direction (MD) on KYC(17.10.2023)

1. Please refer to the Master Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs) .....

Tags : Amendment, Master Direction, KYC

Joining the Account Aggregator Ecosystem as Financial Information User(26.10.2023)

1. This is with reference to the Master Direction - Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016.

2. It.....

Tags : Account Aggregator, FIU, Master direction

Amendment to the Master Direction (MD) on KYC - Instructions on Wire Transfer(04.05.2023)

1. This is with reference to the Master Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entit.....

Tags : Amendment, Master Direction, KYC

Amendment to the Master Direction (MD) on KYC(04.01.2024)

1. Please refer to the Master Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs) .....

Tags : Amendment, Master Direction, KYC

Comprehensive Master Directions on Know Your Customer(25.02.2016)