RBI issues Statement on Developmental and Regulatory Policies
The Statement on Developmental and Regulatory Policies is published to provide decisions and proposals with regard to liquidity management, enhancement of the exposure thresholds under Resolution Framework 2.0, Placement of Margins for Government Securities Transactions on behalf of FPIs and availability of NACH on all days of the week etc.
RBI keeps policy repo rate under LAF unaltered
RBI informs that MPC has decided to keep the policy repo rate under the LAF at 4%. The reverse repo rate is also unchanged at 3.35% and the MSF rate and Bank Rate is 4.25%. The accommodative stance taken by the MPC considering the Covid-19 pandemic situation.
NSE publishes Sovereign Gold Bonds May 2029 Series I for FY 2021-2022
NSEIL publishes First Series of Sovereign Gold Bond of FY 2021-2022 to be available for
trading from 04.05.2021.
The Reserve Bank of India (Certificate of Deposit) Directions, 2021.
The CDs shall be issued only in dematerialised form and held with a depository registered with Securities and Exchange Board of India and shall be issued in minimum denomination of ₹5 lakh and in multiples of ₹5 lakh thereafter.
RBI announces On-Tap liquidity window for contact intensive sectors.
Under the scheme, banks are expected to create a separate COVID loan book and it shall remain operational from June 07, 2021 till March 31, 2022
Government of Karnataka mandates vaccination for industrial workers in the state.
Work site vaccination may be organized at the industrial medical facility by the RCHOs IDs in consultation with the concerned industries by following the Gol norms for COVID-19 vaccination.
RBI notifies the extension of time for Submission of returns under Section 31 of the Banking Regulation Act, 1949.
Since many of the Primary (Urban) Co-operative Banks (UCBs), State Co-operative Banks and Central Co-operative Banks are facing difficulties in finalising their Annual Accounts due to the ongoing COVID-19 pandemic, RBI has considered it necessary to allow more time for submission of the aforesaid return during the current period.
SEBI streamlines the framework on Centralized Database for Corporate Bonds/Debentures.
The Stock Exchanges and Depositories shall develop a system such that information received by them is updated on the Centralized Database on a daily basis.
