Tag: RBI Prudential Norms
RBI latest Master Circular on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances Reserve Bank of India has issued latest Master Circular on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances. This Circular replaces earlier Master Circular dated 1st July …
Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package – RBI Circular In view of the The Hon’ble Supreme Court judgement RBI has revised norms for Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package as under: Refund/adjustment of ‘interest on interest’ …
COVID19 Regulatory Package – Review of Resolution Timelines under the Prudential Framework on Resolution of Stressed Assets RESERVE BANK OF INDIA RBI/2019-20/219DOR.No.BP.BC.62/21.04.048/2020-21 April 17, 2020 All Scheduled Commercial Banks (excluding Regional Rural Banks);All India Financial Institutions (NABARD, NHB, EXIM Bank, and SIDBI);All Systemically Important Non-Deposit taking Non-Banking Financial …
RBI COVID19 Regulatory Package – Relaxation in Asset Classification & Provisioning RESERVE BANK OF INDIA RBI/2019-20/220DOR.No.BP.BC.63/21.04.048/2020-21 April 17, 2020 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks)All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative BanksAll All-India …
Restructuring of advances for Projects under Implementation without being classified as NPA. RBI amends Prudential Norms on Asset Classification RBI in order to harmonise the guidelines for deferment of date of commencement of commercial operations for projects in non-infrastructure and commercial real estate sectors, revised the guidelines for …
RBI issues revised Prudential Framework for Resolution of Stressed Assets Hon’ble Supreme Court, vide its order dated April 2, 2019, had held the RBI circular dated February 12, 2018 on Resolution of Stressed Assets as ultra vires. In light of the same, the RBI Governor had clarified that the Reserve Bank …
Substandard classification of bank loans deferred 60 days due to demonetisation. Relief given in repayment by RBI relaxing Prudential Norms Reserve Bank of India Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances RBI/2016-17/143 DBR.No.BP.BC.37/21.04.048/2016-17 November 21, 2016 All Entities Regulated by the Reserve Bank …