RBI Circulars

It inserted paragraph 7A providing that a director completing ten years of continuous tenure on the board of the same […]

MEA has informed about the UNSC amendments on its ISIL & Al-Qaida Sanctions List of individuals and entities (Removal of Seven Entities), which

The amendments clarify the meaning of ‘Revenue Reserve’, stating that it includes all reserves other than capital reserves and excludes

The amendment substitutes the notes and instructions relating to ‘Revenue and Other Reserves’ under Schedule 2(IV), clarifying that ‘Revenue Reserve’

The amendment has deleted sub-paragraph 21(i)(b) of the Capital Adequacy Directions. This paragraph relates to the Investment Fluctuation Reserve (IFR), which was previously

 Under the revised provision, RRBs must create Investment Fluctuation Reserve (IFR) from realized gains arising from the sale of investments,

Under the revised framework, every RCB must maintain an Investment Fluctuation Reserve (IFR) of at least 5% of its investment

Under the revised framework, Urban Co-operative Banks (UCBs) are now required to maintain a minimum IFR of 5% of the

RBI has discontinued the requirement for maintaining Investment Fluctuation Reserve (IFR) for commercial banks with immediate effect. The circular directs

RBI has mandated that Payment Banks must create Investment Fluctuation Reserve (IFR) out of realised gains on sale of investments,