List of relevant Master Directions
issued by RBI
Sr Date Direction No. Subject
No
1. October 22, 2015 RBI/2015-16/211 Gold Monetisation
(Updated as on Master Direction Scheme, 2015
August 16, 2019) No.DBR.IBD.No.45/23.6
7.003/2015-16
2. November 19, RBI/2015-16/240 Prior Approval for
2015 Master Direction acquisition of shares or
No.DBR.PSBD.No.56/16 voting rights in Private
.13.100/2015-16 Sector Banks: Directions,
2015
3. January 1, 2016 RBI/FED/2015-16/5 Master Direction -
(Updated as on FED Master Direction Insurance
November 17, No. 9/2015-16
2016)
4. January 01, 2016 RBI/FED/2015-16/6 Master Direction -
(Updated as on FED Master Direction Establishment of Branch
March 29, 2019) No.10/2015-16 Office (BO)/ Liaison
Office (LO)/ Project
Office (PO) or any other
place of business in India
by foreign entities
5. January 1, 2016 RBI/FED/2015-16/10 Master Direction – Direct
(Updated as on FED Master Direction Investment by Residents
September 18, No. 15/2015-16 in Joint Venture (JV) /
2019) Wholly Owned
Subsidiary(WOS) Abroad
6. January 1, 2016 RBI/FED/2015-16/1 Master Direction-
(Updated as on FED Master Direction Compounding of
April 04, 2019) No.4/2015-16 Contraventions under
FEMA, 1999
7. January 1, 2016 RBI/FED/2015-16/2 Master Direction –
FED Master Direction Borrowing and Lending
No. 6/2015-16 transactions in Indian
Rupee between Persons
Resident in India and
Non-Resident Indians/
Persons of Indian Origin
Guidance Note on Audit of Banks (Revised 2020)
Sr Date Direction No. Subject
No
8. January 1, 2016 RBI/FED/2017-18/3 Master Direction -
(Updated as on FED Master Direction Liberalised Remittance
June 20, 2018) No. 7/2015-16 Scheme (LRS)
9. January 1, 2016 RBI/FED/2015-16/4 Master Direction - Other
(Updated as on FED Master Direction Remittance Facilities
November 6, No. 8/2015-16
2018)
10. January 1, 2016 RBI/FED/2015-16/7 Master Direction –
[Updated as on FED Master Direction Acquisition and Transfer
April 11, 2018] No. 12/2015-16 of Immovable Property
under Foreign Exchange
Management Act, 1999
11. January 1, 2016 RBI/FED/2015-16/8 Master Direction -
(Updated as on FED Master Direction Remittance of Assets
April 28, 2016) No. 13/2015-16
12. January 1, 2016 RBI/FED/2015-16/9 Master Direction -
(Updated as on FED Master Direction Deposits and Accounts
January 09, 2020) No. 14/2015-16
13. January 1, 2016 RBI/FED/2016-17/12 Master Direction – Import
of Goods and Services
(Updated as on FED Master Direction
January 27, 2020) No. 17/2016-17
14. January 1, 2016 RBI/FED/2015-16/13 Master Direction –
Reporting under Foreign
(Updated as on FED Master Direction
Exchange Management
September 18, No.18/2015-16
Act, 1999
2019)
15. January 1, 2016 RBI/FED/2017-18/14 Master Direction –
Miscellaneous
(Updated as on FED Master Direction
November 12, No. 19/2015-16
2018)
16. January 1, 2016 RBI/FED/2015-16/16 Master Direction –
Opening and
(Updated as on FED Master Direction
Maintenance of
August 31, 2018) No.2/2015-16
Rupee/Foreign Currency
Vostro Accounts of Non-
resident Exchange
Houses
2
Guidance Note on Audit of Banks (Revised 2020)
Sr Date Direction No. Subject
No
17. January 1, 2016 RBI/FED/2015-16/11 Master Direction – Export
(Updated as on FED Master Direction of Goods and Services
January 12, 2018) No. 16/2015-16
18. January 1, 2016 RBI/FED/2015-16/17 Master Direction - Money
(Updated as on FED Master Direction Changing Activities
March 29, 2019) No.3/2015-16
19. February 25, 2016 RBI/DBR/2015-16/18 Master Direction - Know
(Updated as on Master Direction Your Customer (KYC)
January 09, 2020) DBR.AML.BC.No.81/14. Direction, 2016
01.001/2015-16
20. March 03, 2016 RBI/DBR/2015-16/19 Master Direction -
(Updated as on Master Direction DBR. Reserve Bank of India
February 22, Dir.No.84/13.03.00/2015- (Interest Rate on
2019) 16 Deposits) Directions,
2016
21. March 03, 2016 RBI/DBR/2015-16/20 Master Direction -
(Updated as on Master Direction Reserve Bank of India
September 04, DBR.Dir.No.85/13.03.00/ (Interest Rate on
2019) 2015-16 Advances) Directions,
2016
22. April 21, 2016 RBI/DBR/2015-16/21 Master Direction - Issue
Master Direction and Pricing of shares by
DBR.PSBD.No.95/16.13. Private Sector Banks,
100/2015-16 Directions, 2016
23. April 21, 2016 RBI/DBR/2015-16/22 Master Direction –
Amalgamation of Private
Master Direction
Sector Banks, Directions,
DBR.PSBD.No.
2016
96/16.13.100/2015-16
24. May 12, 2016 RBI/DBR/2015-16/24 Master Direction –
Master Direction Ownership in Private
DBR.PSBD.No. Sector Banks, Directions,
97/16.13.100/2015-16 2016
25. May 26, 2016 RBI/DBR/2015-16/25 Master Direction-
(Updated as on Master Reserve Bank of India
September 25, Direction/DBR.FSD.No.1 (Financial Services
2017) 01/ 24.01.041/2015-16 provided by Banks)
Directions, 2016
3
Guidance Note on Audit of Banks (Revised 2020)
Sr Date Direction No. Subject
No
26. June 23, 2016 RBI/DBR/2015-16/26 Master Direction -
Master Direction Reserve Bank of India
DBR.FID.No.108/01.02.0 (Financial Statements of
00/2015-16 All India Financial
Institutions -
Presentation, Disclosure
and Reporting)
Directions, 2016
27. July 01, 2016 RBI/DBS/2016-17/28 Master Directions on
(Updated as on DBS.CO.CFMC.BC.No.1 Frauds – Classification
July 03, 2017) /23.04.001/2016-17 and Reporting by
commercial banks and
select FIs
28. July 5, 2016 RBI/FMRD/2016-17/31 Master Direction - Risk
(Updated as on FMRD Master Direction Management and Inter-
January 07,2020 ) No. 1/2016-17 Bank Dealings
29. July 7, 2016 RBI/FMRD/2016-17/32 Master Direction on
FMRD.Master Direction Money Market
No.2/2016-17 Instruments: Call/Notice
Money Market,
Commercial Paper,
Certificates of Deposit
and Non-Convertible
Debentures (original
maturity up to one year)
30. July 7, 2016 RBI/FIDD/2016-17/33 Master Direction - Priority
(updated as on Master Direction Sector Lending – Targets
December 05, FIDD.CO.Plan.1/04.09.0 and Classification
2019) 1/2016-17
31. January 17, 2017 RBI/DPSS/2016-17/51 Master Directions on
Master Direction Access Criteria for
DPSS.CO.OD.No.1846/0 Payment Systems
4.04.009/2016-17
32. February 22, 2017 RBI/FED/2016-17/52 Master Direction –
FED Master Direction Money Transfer Service
No.1/2016-17 Scheme (MTSS)
33. July 24, 2017 RBI/FIDD/2017-2018/56 Master Direction -
Lending to Micro, Small
(Updated as on Master Direction
& Medium Enterprises
April 25, 2018) FIDD.MSME & NFS. 12/
(MSME) Sector
06.02.31/2017-18
4
Guidance Note on Audit of Banks (Revised 2020)
Sr Date Direction No. Subject
No
34. October 11, 2017 RBI/DPSS/2017-18/58 Master Direction on
Issuance and Operation
(Updated as on Master Direction
of Prepaid Payment
January 16, 2020) DPSS.CO.PD.No.1164/0
Instruments
2.14.006/2017-18
35. January 4, 2018 RBI/FED/2017-18/60 Master Direction –
Foreign Investment in
(updated up to FED Master Direction
India
March 08, 2019) No. 11/2017-18
36. October 17, 2018 RBI/FIDD/2018-19/64 Master Direction –
Reserve Bank of India
Master Direction
(Relief Measures by
FIDD.CO.FSD.BC
Banks in Areas affected
No.9/05.10.001/2018-19
by Natural Calamities)
Directions 2018 – SCBs
37. March 26, 2019 RBI/FED/2018-19/67 Master Direction -
External Commercial
(Updated as on FED Master Direction
Borrowings, Trade
August 08, 2019) No.5/2018-19
Credits and Structured
Obligations
38. July 1, 2019 RBI/2019-20/69 Master Direction on
Currency Distribution &
(Updated as on Master Direction DCM
Exchange Scheme
January 6, 2020) (CC) No.G-
(CDES) based on
6/03.41.01/2019-20
performance in rendering
customer service to the
members of public
39. July 01, 2019 RBI/2019-20/68 Master Direction on Levy
(Updated as on Master Direction DCM of Penal Interest for
October 03, 2019) (CC) No.G- Delayed Reporting /
4/03.35.01/2019-20 Wrong Reporting / Non-
Reporting of Currency
Chest Transactions and
Inclusion of Ineligible
Amounts in Currency
Chest Balances
40. July 29, 2019 RBI/FIDD/2019-20/70 Master Direction –
Master Direction Priority Sector Lending –
FIDD.CO.Plan.BC Small Finance Banks –
No.08/04.09.01/2019-20 Targets and
Classification
5
Guidance Note on Audit of Banks (Revised 2020)
Sr Date Direction No. Subject
No
41. August 2, 2019 RBI/DBR/2019-20/71 Master Direction -
Master Direction Reserve Bank of India
DBR.Appt.No: (‘Fit and Proper’ Criteria
9/29.67.001/2019-20 for Elected Directors on
the Boards of PSBs)
Directions, 2019
