Circulars Withdrawn
Reserve Bank of India has released this recruitment notification. Check the essential dates, eligibility, fee, selection stages and official links below before applying.
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The Reserve Bank of India has announced the withdrawal of several circulars based on the recommendations from its Regulatory Review Authority 2.0 (RRA 2.0). These withdrawn circulars span various departments, including Payment and Settlement Systems, Currency Management, Financial Inclusion and Development, Financial Markets Regulation, and Supervision, covering topics from payment instruments and electronic transactions to…
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Circulars Withdrawn by the Department of Regulation
The following circulars have been officially withdrawn:
| Date | Subject | Department |
|---|---|---|
| December 24, 2019 | Introduction of a new type of semi-closed Prepaid Payment Instrument (PPI) – PPIs upto ₹10,000/- with loading only from bank account | Department of Payment and Settlement Systems |
| August 30, 2019 | Amendment to Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPIs) | Department of Payment and Settlement Systems |
| August 21, 2019 | Real Time Gross Settlement (RTGS) System – Increase in operating hours | Department of Payment and Settlement Systems |
| May 28, 2019 | Real Time Gross Settlement (RTGS) System – Extension of Timings for Customer Transactions | Department of Payment and Settlement Systems |
| January 04, 2019 | Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Payment Transactions in Prepaid Payment Instruments (PPIs) issued by Authorised Non-banks | Department of Payment and Settlement Systems |
| October 16, 2018 | Prepaid Payment Instruments (PPIs) – Guidelines for Interoperability | Department of Payment and Settlement Systems |
| October 15, 2018 | Directions for Central Counterparties (CCPs) | Department of Payment and Settlement Systems |
| February 09, 2018 | Levy of Penal Interest – Delayed Reporting | Department of Currency Management |
| August 03, 2017 | Natural Calamities Portal - Monthly Reporting System | Financial Inclusion and Development Department |
| December 30, 2016 | Special measures to incentivise Electronic Payments – Extension of time | Department of Payment and Settlement Systems |
| December 27, 2016 | Master Circular on Issuance and Operations of Prepaid Payment Instruments – Amendments to paragraph 7.9 | Department of Payment and Settlement Systems |
| November 22, 2016 | Special measures to incentivise Electronic Payments – (i) Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs) in India (ii) Special measures for merchants | Department of Payment and Settlement Systems |
| August 25, 2016 | Financial Literacy Centres - Revised Reporting Format | Financial Inclusion and Development Department |
| June 30, 2016 | Guidelines for relief measures by banks in areas affected by natural calamities - utilisation of insurance proceeds | Financial Inclusion and Development Department |
| October 15, 2015 | Reporting requirement under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS) | Department of Payment and Settlement Systems |
| September 01, 2015 | Changes in RTGS time window | Department of Payment and Settlement Systems |
| August 21, 2015 | Guidelines for Relief Measures by Banks in Areas Affected by Natural Calamities | Financial Inclusion and Development Department |
| July 16, 2015 | Foreign Investment in India by Foreign Portfolio Investors | Financial Markets Regulation Department |
| July 15, 2015 | Concurrent Audit System in Commercial Banks - Revision of RBI's Guidelines | Department of Supervision |
| July 09, 2015 | Prepaid Payment Instrument (PPI) guidelines – Introduction of New Category of PPI for Mass Transit Systems (PPI-MTS) | Department of Payment and Settlement Systems |
| June 4, 2015 | Submission of Long Form Audit Report (LFAR) by Concurrent Auditors | Department of Supervision |
| May 07, 2015 | Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions | Department of Payment and Settlement Systems |
| April 23, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989 (2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| April 16, 2015 | Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards | Department of Payment and Settlement Systems |
| April 16, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989 (2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| April 16, 2015 | Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1988(2011) Taliban Sanctions List | Department of Payment and Settlement Systems |
| March 24, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989 (2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| March 24, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989 (2011) Committee's Al Qaida Sanctions List and UNSCR 1988(2011) Taliban Sanctions List – Modification in the Listing Format | Department of Payment and Settlement Systems |
| February 27, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989 (2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| February 18, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989 (2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| February 12, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| February 04, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| January 21, 2015 | Inter-Government Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA) - Registration | Department of Payment and Settlement Systems |
| January 09, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| January 09, 2015 | Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1988(2011) Taliban Sanctions List | Department of Payment and Settlement Systems |
| January 09, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| January 02, 2015 | Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards | Department of Payment and Settlement Systems |
| January 02, 2015 | Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1988(2011) Taliban Sanctions List | Department of Payment and Settlement Systems |
| January 02, 2015 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| December 15, 2014 | Extension of RTGS time window | Department of Payment and Settlement Systems |
| December 03, 2014 | Issuance and Operation of Pre-paid Payment Instruments (PPIs) in India – Relaxations | Department of Payment and Settlement Systems |
| November 27, 2014 | Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/ Obligation of Payment System Operators under Prevention of Money Laundering Act (PMLA), 2002 Obligation of Payment System Operators – Amendment to Prevention of Money-Laundering (Maintenance of Records) Rules 2013 | Department of Payment and Settlement Systems |
| November 24, 2014 | Simplification of Know Your Customer (KYC) Norms – Creating Public awareness | Department of Payment and Settlement Systems |
| October 09, 2014 | Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List | Department of Payment and Settlement Systems |
| October 09, 2014 | Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1988(2011) Taliban Sanctions List | Department of Payment and Settlement Systems |
| September 29, 2014 | Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida sanctions list | Department of Supervision |
| September 25, 2014 | Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List | Department of Supervision |
| September 03, 2014 | Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards | Department of Payment and Settlement Systems |
| August 14, 2014 | Inter-Government Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA) - Registration | Department of Payment and Settlement Systems |
| July 07, 2014 | Financial Literacy Activities conducted by Financial Literacy Centres and Rural Branches of Banks - Monitoring System | Financial Inclusion and Development Department |
| July 03, 2014 | Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of Payment System Operators under Prevention of Money Laundering Act (PMLA), 2002 – Clarification on Proof of Address. | Department of Payment and Settlement Systems |
| June 20, 2014 | Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of Payment System Operators under Prevention of Money Laundering Act (PMLA), 2002 – e-KYC Service of UIDAI – Recognizing E- Aadhaar as an 'Officially Valid Document' under PML Rules | Department of Payment and Settlement Systems |
| June 10, 2015 | Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of PSOs under Prevention of Money Laundering Act (PMLA), 2002 – Amendment to Section 13(2) | Department of Payment and Settlement Systems |
| May 13, 2014 | Issuance and Operation of Pre-paid Payment Instruments in India – Consolidated Revised Policy Guidelines | Department of Payment and Settlement Systems |
| March 28, 2014 | Issuance and Operation of Pre-paid Payment Instruments in India – Consolidated Revised Policy Guidelines | Department of Payment and Settlement Systems |
| March 18, 2014 | Anti- Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards | Department of Payment and Settlement Systems |
| January 07, 2014 | Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) / 1989(2011) Committee's Al Qaida Sanctions List and Consolidated List | Department of Payment and Settlement Systems |
| January 07, 2014 | Anti- Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards | Department of Payment and Settlement Systems |
| October 25, 2013 | Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of PSOs under Prevention of Money Laundering Act (PMLA), 2002 – e-KYC Service of UIDAI – Recognizing on-line Aadhaar authentication (electronic verification process) to be accepted as an 'Officially Valid Document' under PML Rules | Department of Payment and Settlement Systems |
| September 13, 2013 | Anti- Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards | Department of Payment and Settlement Systems |
| September 13, 2013 | Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988 (2011) Sanctions List | Department of Payment and Settlement Systems |
| September 13, 2013 | Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) / 1989(2011) Committee's Al Qaida Sanctions List and Consolidated List | Department of Payment and Settlement Systems |
| September 05, 2013 | Cash withdrawal at Point of Sale (POS) – Prepaid Payment Instruments issued by banks | Department of Payment and Settlement Systems |
| August 26, 2013 | Rupee Export Credit - Interest Subvention | Department of Regulation |
| July 16, 2013 | Standardization and Enhancement of Security Features in Cheque Forms/Migrating to CTS 2010 standards | Department of Payment and Settlement Systems |
| May 24, 2013 | Rupee Export Credit - Interest Subvention | Department of Regulation |
How to Apply
For detailed information on the withdrawn circulars and recommendations from Regulatory Review Authority 2.0, please refer to the official portal:
- Visit the official RBI website.
- Navigate to the "Circulars Withdrawn" section.
- Review the specific circulars withdrawn by the Department of Regulation.
- Access the full notification for comprehensive details here.
Official Links
- Official Notification: https://www.rbi.org.in/scripts/NotificationUserWithdrawnCircular.aspx
- Apply/Information Link: https://www.rbi.org.in/scripts/NotificationUserWithdrawnCircular.aspx#
Frequently asked questions
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Visit the official application portal at https://www.rbi.org.in/scripts/NotificationUserWithdrawnCircular.aspx#, register with a valid email and mobile number, fill the form, upload required documents and pay the application fee online before —.
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