Sr No

Date

Circular No

Description

1

11.12.2023

RBI/2023-2024/87
IDMD.CDD.No.2128/14.04.050/2023-24

Sovereign Gold Bond (SGB) Scheme 2023-24

GOI has announced Series III and IV of Sovereign Gold Bond Scheme 2023-24.

Subscription for the Bonds may be made in the prescribed application form Form A or in any other form as near as thereto. The Receiving Office shall issue an acknowledgment receipt in Form B to the applicant.

2

12.12.2023

RBI/2023-2024/88
CO.DPSS.POLC.No.S-882/02.14.003/2023-24

Processing of e-mandates for recurring transactions

There is an increase in the limit for relaxation in Additional Factor of Authentication (AFA) from ₹15,000/- to ₹1,00,000/- per transaction for the following categories: (a) subscription to mutual funds, (b) payment of insurance premiums, and (c) credit card bill payments.

3

18.12.2023

RBI/2023-24/89
FIDD.CO.LBS.BC. No.12/02.08.001/2023-24

Formation of new district Mauganj in the State of Madhya Pradesh – Assignment of Lead Bank Responsibility

The Government of Madhya Pradesh has notified formation of a new district, viz., Mauganj in the state of Madhya Pradesh vide Gazette Notification No. F-Rev-6-0006-2023-VII-Sec-7 dated August 13, 2023. It has been decided to designate the Lead Bank of the new district to Union Bank of India. District Working Code allotted to new district is 02N.

4

19.12.2023

RBI/2023-24/90
DOR.STR.REC.58/21.04.048/2023-24

Investments in Alternative Investment Funds (AIFs)

REs shall not make investments in any scheme of AIFs which has downstream investments either directly or indirectly in a debtor company of the RE. If RE is already an investor, makes a downstream investment in any such debtor company, then the RE shall liquidate its investment in the scheme within 30 days from the date of such downstream investment by the AIF. If REs is already an investor as on date, the 30-day period for liquidation shall be counted from date of issuance of this circular. If not then, they shall make 100 percent provision on such investments.