LIST OF IMPORTANT CIRCULARS FOR BRANCH STATUTORY AUDIT
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LIST OF IMPORTANT CIRCULARS FOR BRANCH STATUTORY AUDIT 2020
Financial Inclusion and Development
Master Direction – Reserve Bank of India (Relief Measures by banks in areas affected by Natural Calamities) Directions 2018
RBI/FIDD/2018-19/64 Master Direction FIDD.CO.FSD.BC No.9/05.10.001/2018-19 October 17, 2018
Master Direction - Lending to Micro, Small & Medium Enterprises (MSME) Sector
RBI/FIDD/2017-2018/56 Master Direction FIDD.MSME & NFS.12/06.02.31/2017-18 July 24, 2017 (Updated as on April 25, 2018)
MASTER DIRECTION-PRIORITY SECTOR LENDING-TARGETS
RBI/FIDD/2016-17/33 Master Direction FIDD.CO.Plan.1/04.09.01/2016-17 July 7, 2016 (Updated as on December 5, 2019)
Master Circular – Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
RBI/2019-20/05 FIDD.GSSD.CO.BC.No.01/09.16.03/2019-20 July 1, 2019
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
RBI/2019-20/105 FIDD.GSSD.CO.BC.No.15/09.01.01/2019-20 November 26, 2019
Master Circular-Kisan Credit Card (KCC) Scheme
RBI/2018-19/10 FIDD.CO.FSD.BC.No.6/05.05.010/2018-19 July 4, 2018
Kisan Credit Card (KCC) Scheme: Working Capital for Animal Husbandry and Fisheries
RBI/2018-19/112 FIDD.CO.FSD.BC. 12 /05.05.010/2018-19 February 04, 2019
Interest Subvention Scheme for Short Term Crop Loans during the years 2018-19 and 2019-20
RBI/2018-19/137 FIDD.CO.FSD.BC.No.15/05.02.001/2018-19 March 7, 2019
Interest Subvention Scheme for Kisan Credit Card (KCC) to Fisheries and Animal Husbandry farmers during the years 2018-19 and 2019-20
RBI/2019-20/48 FIDD.CO.FSD.BC.No.10/05.02.001/2019-20 August 26, 2019
Short Term Crop Loans eligible for Interest Subvention Scheme (ISS) and Prompt Repayment Incentive (PRI) through KCC
RBI/2019-20/166 FIDD.CO.FSD.BC.No.1785/05.02.001/2019-20 February 26, 2020
Interest Subvention Scheme for MSMEs
RBI/2018-19/125 FIDD.CO.MSME.BC.No.14/06.02.031/2018-19 February 21, 2019
Interest Subvention Scheme for MSMEs
RBI/2019-20/155 FIDD.CO.MSME.BC.No.17/06.02.031/2019-20 February 05, 2020
Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit (MSME)
RBI/2018-19/81 DBR.Dir.BC.No.09 /04.02.001/2018-19 November 29, 2018
Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit
RBI/2018-19/107 DBR.Dir.BC.No.22/04.02.001/2018-19 January 11, 2019
Circulars on loans and advances
PART-A (Other circulars)
Master Circular-Guarantees and Co-acceptances
RBI / 2015-16/76- DBR. No. Dir. BC.11 /13.03.00/2015-16 dated July 1, 2015
Master Circular Loans and Advances – Statutory and Other Restrictions
RBI/2015-16 /95- DBR.No.Dir.BC.10/13.03.00/2015-16 dated July 1, 2015
Master Circular on Wilful Defaulters
RBI/2015-16/100 DBR.No.CID.BC.22/20.16.003/2015-16 July 1, 2015
Master Direction - Interest Rates on Advances
RBI/DBR/2015-2016/20 Master Directions DBR.Dir.No.85/ 13.03.002015-2016 dated March 03, 2016 (Updated as on February 26, 2020)
Legal Audit of title documents in respect of large value loan accounts
RBI/DBS.FrMC.BC.No.7/23.04.001/2012-13 dated June 07, 2013
Credit Flow to Agriculture- Collateral free agricultural loans
RBI/2018-19/118 FIDD.CO.FSD.BC.No.13/05.05.010/2018-19 February 7, 2019
Filing of Security Interest relating to Immovable (other than equitable mortgage), Movable and Intangible Assets in CERSAI
RBI/2018-19/96 DBR.Leg.No.BC.15/09.08.020/2018-19 December 27, 2018
Guidelines on Loan System for Delivery of Bank Credit
RBI/2018-19/87 DBR.BP.BC.No.12/21.04.048/2018-19 December 5, 2018
PART-B (IRAC norms and provisioning)
Master Circular- Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
RBI/2015-16/101 DBR.No.BP.BC.2/21.04.048/2015-16 July 1, 2015
Discount Rate for Computing Present Value of Future Cash Flows
RBI/2015-16/111 DBR.No.BP.BC.27/21.04.048/2015-16 July 2, 2015
Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Credit Card Accounts
RBI/2015-16/126 DBR.No.BP.BC.30/21.04.048/2015-16 July 16, 2015
Provisioning pertaining to Fraud Accounts
RBI/2015-16/376 DBR.No.BP.BC.92/21.04.048/2015-16 April 18, 2016
Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation
RBI/2019-20/158 DOR.No.BP.BC.33/21.04.048/2019-20 February 07, 2020
Resolution of Stressed Assets – Revised Framework
RBI/2017-18/131 DBR.No.BP.BC.101/21.04.048/2017-18 February 12, 2018
Prudential Framework for Resolution of Stressed Assets
RBI/2018-19/ 203 DBR.No.BP.BC.45/21.04.048/2018-19 June 7, 2019
Relief for MSME Borrowers registered under Goods and Services Tax (GST)
RBI/2017-18/129 DBR.No.BP.BC.100/21.04.048/2017-18 February 07, 2018
Encouraging formalisation of MSME sector
RBI/2017-18/186 DBR.No.BP.BC.108/21.04.048/2017-18 June 6, 2018
Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances
RBI/2018-19/100 DBR.No.BP.BC.18/21.04.048/2018-19 January 1, 2019
Micro, Small and Medium Enterprises (MSME) sector- Restructuring of Advances
RBI/2018-19/127 DBR.No.BP.BC.26/21.04.048/2018-19 February 22, 2019
Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances
RBI/2019-20/160 DOR.No.BP.BC.34/21.04.048/2019-20 February 11, 2020
Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Refinancing of Exposures to Borrowers
RBI/2014-15/539 DBR.No.BP.BC.85/21.04.048/2014-15 April 6, 2015
PART-C (Diligence reports for banks)
Lending under Consortium Arrangement/Multiple Banking Arrangement
RBI/2008-2009/183 DBOD No. BP. BC.46/ 08.12.001/2008-09 September 19, 2008
Lending under Consortium Arrangement/Multiple Banking Arrangements
RBI/2008-2009/313 DBOD.No.BP.BC.94 /08.12.001/2008-09 December 08, 2008
Lending under Consortium Arrangement , Multiple Banking Arrangements
RBI/2008-2009/379 - DBOD.No. BP.BC.110/08.12.001/2008-09 dated February 10, 2009
Second Quarter Review of Monetary Policy 2012-13 – Non-Performing Assets (NPAs) and Restructuring of Advances
RBI/2012-13/304 DBOD.BP.BC.No. 62 /21.04.103/2012-13 November 21, 2012
Transfer of Borrowal Accounts from One Bank to Another
RBI/2011-12/551 DBOD.No.BP.BC- 104 /21.04.048/2011-12 dated May 10, 2012
Other Important circulars
Master Directions on Frauds – Classification and Reporting by commercial banks and select FIs
RBI/DBS/2016-17/28 DBS.CO.CFMC.BC.No.1/ 23.04.001/2016-17 dated July 01,2016.(Updated as on July 03, 2017)
Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2016
RBI/DBR/2015-16/19 Master Direction DBR. Dir. No.84/13.03.00/2015-16 March 03, 2016 (updated as on February 22, 2019)
Master Direction - Know Your Customer (KYC) Direction, 2016
RBI/DBR/2015-16/18 Master Direction DBR.AML.BC.No.81/14.01.001/2015-16 February 25, 2016 (Updated as on January 9, 2020)
Master Circular - Disbursement of Government Pension by Agency Banks
RBI/2019-20/57 DGBA.GBD.No.521/31.02.007/2019-20 September 9, 2019
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
RBI/2019-20/28 DGBA.GBD.No.250/31.12.010/2019-20 August 1, 2019
Agency Commission- Furnishing reconciliation certificate
RBI/2019-20/69 DGBA.GBD.No.648/31.12.007/2019-20 September 25, 2019
"Compiled by CA. Ajay Kumar Jain."
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