January - 2024

January - 2024

January - 2024

1|Page
Contents
RBI NewsTap 1st to 15th January 2024............................................................................................. 3
1. Amendment to the Master Direction (MD) on KYC ................................................................4
2. Classification of MSMEs ............................................................................................................4
3. Conference for the Heads of Assurance Functions of Scheduled Commercial Banks ...... 5
4. Deputy Governor, Reserve Bank of India meets MD & CEOs of Credit Information
Companies ............................................................................................................................................. 5
5. Ease in Credit/Investment Concentration Norms for NBFCs ................................................ 5
6. Extension of Timeline for Implementation of Instructions (Fair Lending Practice - Penal
Charges in Loan Accounts) .................................................................................................................. 6
7. Guidelines on Appointment / Re-appointment of Statutory Auditors of State Co-
operative Banks and Central Co-operative Banks ............................................................................ 7
8. List of Domestic Systemically Important Banks (D-SIBs) for 2023 ...................................... 7
9. Master Direction – Reserve Bank of India (Commercial Paper and Non-Convertible
Debentures of original or initial maturity upto one year) Directions, 2024 .................................... 8
10. Master Direction - Reserve Bank of India (Internal Ombudsman for Regulated Entities)
Directions, 2023 .................................................................................................................................. 10
11. Minimum Holding Period (MHP) Exemption for Transfer of Receivables ...........................11
12. RBI releases Name of Applicant under the Guidelines for ‘on tap’ Licensing of Small
Finance Banks in the Private Sector ................................................................................................. 12
13. Reserve Bank of India (Financial Benchmark Administrators) Directions, 2023 ............... 12
14. Review of Instructions on Bulk Deposits for Urban Co-operative Banks (UCBs) ............. 14
15. Review of National Development Banks ................................................................................ 15
16. Review of the Assessment Methodology - Domestic Systemically Important Bank (D-
SIB) Framework ................................................................................................................................... 15
17. Revised Instructions - Inoperative Accounts /Unclaimed Deposits in Banks.................... 16
18. Risk Management and Inter-Bank Dealings – Hedging of foreign exchange risk ............. 17
19. Scheme for writing books originally in Hindi on Economics/Banking/Financial subjects -
Year 2022-23 ...................................................................................................................................... 18
RBI NewsTap 16th to 31st January 2024 ........................................................................................20

2|Page
 RBI NewsTap
1 to 15 January 2024
st th

3|Page
1. Amendment to the Master Direction (MD) on KYC

2. Classification of MSMEs

4|Page
3. Conference for the Heads of Assurance Functions of Scheduled Commercial
Banks

4. Deputy Governor, Reserve Bank of India meets MD & CEOs of Credit

5. Ease in Credit/Investment Concentration Norms for NBFCs

5|Page
6. Extension of Timeline for Implementation of Instructions (Fair Lending
Practice - Penal Charges in Loan Accounts)

6|Page
7. Guidelines on Appointment / Re-appointment of Statutory Auditors of State
Co-operative Banks and Central Co-operative Banks

8. List of Domestic Systemically Important Banks (D-SIBs) for 2023

7|Page
9. Master Direction – Reserve Bank of India (Commercial Paper and Non-
Convertible Debentures of original or initial maturity upto one year)
Directions, 2024

8|Page
9|Page
10. Master Direction - Reserve Bank of India (Internal Ombudsman for
Regulated Entities) Directions, 2023

10 | P a g e
11. Minimum Holding Period (MHP) Exemption for Transfer of Receivables

11 | P a g e
12. RBI releases Name of Applicant under the Guidelines for ‘on tap’ Licensing
of Small Finance Banks in the Private Sector

13. Reserve Bank of India (Financial Benchmark Administrators) Directions,

12 | P a g e
13 | P a g e
14. Review of Instructions on Bulk Deposits for Urban Co-operative Banks
(UCBs)

14 | P a g e
15. Review of National Development Banks

16. Review of the Assessment Methodology - Domestic Systemically Important

15 | P a g e
17. Revised Instructions - Inoperative Accounts /Unclaimed Deposits in Banks

16 | P a g e
18. Risk Management and Inter-Bank Dealings – Hedging of foreign exchange
risk

17 | P a g e
19. Scheme for writing books originally in Hindi on
Economics/Banking/Financial subjects - Year 2022-23

18 | P a g e
19 | P a g e
RBI NewsTap
16 to 31 January
th st

2024

20 | P a g e
Contents
RBI NewsTap 16th to 31st anuary 2024 ..........................................................................................20
20. 2nd Conference of Internal Ombudsmen of select Regulated Entities..............................22
21. RBI-Digital Payments Index for September 2023.................................................................22
22. Action against Paytm Payments Bank Ltd ........................................................................... 23
23. Conference of Directors of select Urban Co-operative Banks (UCBs) of Southern Zone
24
24. Guidelines on import of gold by Tariff Rate Quota (TRQ) holders under the India-UAE
CEPA as notified by IFSCA .................................................................................................................25
25. Second Schedule to the Reserve Bank of India Act, 1934 – Norms for inclusion ........... 26
26. Streamlining of Internal Compliance monitoring function – leveraging use of technology
27

21 | P a g e
20. 2nd Conference of Internal Ombudsmen of select Regulated Entities

21. RBI-Digital Payments Index for September 2023

22 | P a g e
22. Action against Paytm Payments Bank Ltd

23 | P a g e
23. Conference of Directors of select Urban Co-operative Banks (UCBs) of
Southern Zone

24 | P a g e
24. Guidelines on import of gold by Tariff Rate Quota (TRQ) holders under the
India-UAE CEPA as notified by IFSCA

25 | P a g e
25. Second Schedule to the Reserve Bank of India Act, 1934 – Norms for
inclusion

26 | P a g e
26. Streamlining of Internal Compliance monitoring function – leveraging use of
technology

27 | P a g e