List of Important updates from the Reserve Bank of India (RBI) during the year 2021, i.e. Circulars/ Master Circulars, Notifications, Press Releases, etc.:

RBI Ref. No. /Date/ Particulars
RBI Master Circular 2021-2022/104 dt. 01/10/2021: Prudential norms on Income Recognition, Asset Classification (IRAC) and Provisioning pertaining to Advances (consolidated upto 30/09/2021).
RBI Press Release dt. 27/09/2021: RBI imposes penalty of Rs. 2 crores on ‘RBL Bank Ltd.’ for non-compliance with it’s directions.
RBI Press Release dt. 27/09/2021: RBI imposes penalty of 11 lacs on ‘Jammu & Kashmir State Co-op. Bank’ Srinagar for opening new branches without prior approval.
RBI Press Release dt. 24/09/2021: RBI imposes penalty of Rs. 79 lacs on ‘Apna Sahakari Bank Ltd.’ Mumbai for non-compliance with it’s Guidelines.
RBI Notification 2021-22/86 dt. 24/09/2021: RBI (Transfer of Loan Exposures) Master Directions, 2021.
RBI Notification 2021-22/85 dt. 24/09/2021: RBI (Securitisation of Standard Assets) Master Directions, 2021.
RBI Press Release dt. 21/09/2021: RBI imposes penalty of Rs. 1 lac on ‘Porbandar Commercial Co-op. Bank’.
RBI Press Release dt. 13/09/2021: RBI cautions against frauds in the name of KYC updation.
RBI Circular 2021-2022/86 dt. 18/08/2021: RBI issues revised Instructions for Banks providing facility of Safe Deposit Lockers/ Safe Custody of Articles, applicable w.e.f. 01/01/2022.
RBI Notification dt. 14/12/2020: Revised Guidelines for Opening of Current Accounts by Banks; Need for Discipline
RBI Circular 07/2020 dt. 23/11/2020: No BO/ LO/ PO Approval for Foreign Law Firms in India.
RBI Circular No. 05/2020 dt. 13/11/2020: Submission of 17 FEMA Returns/ Reports Discontinued.