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নৱে 04, 2011
Issue of Demand Drafts for Rs. 20,000/- and above

RBI/2011-12/250 DBOD.BP.BC. No.@@NBSP@@49/21.01.001/2011-12 November 4, 2011 The Chairmen / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Issue of Demand Drafts for Rs. 20,000/- and above As banks are aware, instruments with account payee crossing are required to be credited to the payee's account and not paid in cash over the counter. However, some unscrupulous elements use demand drafts without any crossing for transfer of money as an

RBI/2011-12/250 DBOD.BP.BC. No.@@NBSP@@49/21.01.001/2011-12 November 4, 2011 The Chairmen / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Issue of Demand Drafts for Rs. 20,000/- and above As banks are aware, instruments with account payee crossing are required to be credited to the payee's account and not paid in cash over the counter. However, some unscrupulous elements use demand drafts without any crossing for transfer of money as an

নৱে 04, 2011
Customer Service - Non-Issuance of Passbooks to Savings Bank Accountholders (Individuals)
RBI/2011-12/249 DBOD No. Leg. BC 48 /09.07.005/2011-12 November 4, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Customer Service - Non-Issuance of Passbooks to Savings Bank Accountholders (Individuals) Please refer to our circular DBOD. No. Leg.BC.32/09.07.005/2006-07 dated October 4, 2006 on the captioned subject wherein banks were advised to invariably offer pass book facility to all its savings banks account holders (individuals) and in case banks
RBI/2011-12/249 DBOD No. Leg. BC 48 /09.07.005/2011-12 November 4, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Customer Service - Non-Issuance of Passbooks to Savings Bank Accountholders (Individuals) Please refer to our circular DBOD. No. Leg.BC.32/09.07.005/2006-07 dated October 4, 2006 on the captioned subject wherein banks were advised to invariably offer pass book facility to all its savings banks account holders (individuals) and in case banks
আগ 16, 2011
Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above
RBI/2011-12/154 RPCD.CO.RRB.BC.No.17/03.05.33/2011-12 August 16, 2011 The Chairman All Regional Rural Banks Dear Sir, Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above Please refer to our circular RPCD.No.NB.BC.124/RRB.16/90-91 dated May 29, 1991 in terms of which demand drafts, mail transfers, telegraphic transfers and travellers cheques for Rs.50,000/- and above should be issued by banks only by debit to the customer's accoun
RBI/2011-12/154 RPCD.CO.RRB.BC.No.17/03.05.33/2011-12 August 16, 2011 The Chairman All Regional Rural Banks Dear Sir, Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above Please refer to our circular RPCD.No.NB.BC.124/RRB.16/90-91 dated May 29, 1991 in terms of which demand drafts, mail transfers, telegraphic transfers and travellers cheques for Rs.50,000/- and above should be issued by banks only by debit to the customer's accoun
আগ 01, 2011
Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above
RBI/2011-12/135 DBOD.BP.BC. No. 26 / 21.01.001/2011-12 August 1, 2011 To,The Chairmen / Chief Executives ofAll Scheduled Commercial Banks(excluding RRBs) Dear Sir, Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above Please refer to our circular DBOD.BP.BC.No.114/C.469(81) - 91 dated April 19, 1991 in terms of which demand drafts, mail transfers, telegraphic transfers and travellers cheques for Rs.50,000 and above should be issued
RBI/2011-12/135 DBOD.BP.BC. No. 26 / 21.01.001/2011-12 August 1, 2011 To,The Chairmen / Chief Executives ofAll Scheduled Commercial Banks(excluding RRBs) Dear Sir, Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above Please refer to our circular DBOD.BP.BC.No.114/C.469(81) - 91 dated April 19, 1991 in terms of which demand drafts, mail transfers, telegraphic transfers and travellers cheques for Rs.50,000 and above should be issued
নৱে 12, 2010
Guidelines on Fair Practices Code for Lenders - Disclosing all information relating to processing fees/charges

RBI/2010 -11/272 DBOD. Leg. BC. 61/09.07.005/2010 -11 November 12, 2010 All Scheduled Commercial Banks / All India Financial Institutions (Excluding RRBs) Dear Sir, Guidelines on Fair Practices Code for Lenders – Disclosing all information relating to processing fees/charges Please refer to our Circular DBOD. No. Leg. BC. 86/09.07.005/2008-09 dated November 25, 2008 containing guidelines on the captioned subject wherein banks were advised to ensure that all informatio

RBI/2010 -11/272 DBOD. Leg. BC. 61/09.07.005/2010 -11 November 12, 2010 All Scheduled Commercial Banks / All India Financial Institutions (Excluding RRBs) Dear Sir, Guidelines on Fair Practices Code for Lenders – Disclosing all information relating to processing fees/charges Please refer to our Circular DBOD. No. Leg. BC. 86/09.07.005/2008-09 dated November 25, 2008 containing guidelines on the captioned subject wherein banks were advised to ensure that all informatio

অক্টো 19, 2010
StCBs/DCCBs - Collection of third party account payee cheques - Prohibition on crediting proceeds to third party accounts
RBI/2010-11/239 RPCD CO. RCBD. BC. No. 24 /07.38.03/2010-11 October 19,@@NBSP@@2010 The Chairmen/Chief Executives ofAll State and Central Co-operative Banks Dear Sir Collection of third party account payee cheques – Prohibition on crediting proceeds to third party accounts Please refer to our circular RPCD.CO.RF.BC.No.18/07.38.03/2009-10 dated September 7, 2009 on the captioned subject, in which it has been stated that the practice of collection of cheques crossed ‘ac
RBI/2010-11/239 RPCD CO. RCBD. BC. No. 24 /07.38.03/2010-11 October 19,@@NBSP@@2010 The Chairmen/Chief Executives ofAll State and Central Co-operative Banks Dear Sir Collection of third party account payee cheques – Prohibition on crediting proceeds to third party accounts Please refer to our circular RPCD.CO.RF.BC.No.18/07.38.03/2009-10 dated September 7, 2009 on the captioned subject, in which it has been stated that the practice of collection of cheques crossed ‘ac
ছেপ্তে 01, 2010
Uniformity in penal interest payable by banks for delays in credit / return of NEFT / NECS / ECS transactions
RBI/2010-11/188 DPSS (CO) EPPD No.@@NBSP@@ 477/ 04.03.01 / 2010-11 September 1, 2010 The Chairman and Managing Director / Chief Executive Officer of member banks participating in / NEFT / NECS / ECS Madam / Dear Sir, Uniformity in penal interest payable by banks for delays in credit / return of NEFT / NECS / ECS transactions As you are aware, the recent past has been witness to significant growth in retail electronic payment products - both in terms of reach and volum
RBI/2010-11/188 DPSS (CO) EPPD No.@@NBSP@@ 477/ 04.03.01 / 2010-11 September 1, 2010 The Chairman and Managing Director / Chief Executive Officer of member banks participating in / NEFT / NECS / ECS Madam / Dear Sir, Uniformity in penal interest payable by banks for delays in credit / return of NEFT / NECS / ECS transactions As you are aware, the recent past has been witness to significant growth in retail electronic payment products - both in terms of reach and volum
আগ 26, 2010
Opening of No-Frills accounts by students for availing various Government Scholarships

RBI/2010-11/182 RPCD.CO.FID. BC.No. 2433 /12.01.012/2010-11 August@@NBSP@@ 26, 2010 The Chaiman & Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir, Opening@@NBSP@@ of No-Frills accounts by students for availing various Government Scholarships. It has been brought to our notice by the Secretary, Government of India, Ministry of Minority Affairs that banks are not opening ‘no-frills’ accounts in favour of students from minority comm

RBI/2010-11/182 RPCD.CO.FID. BC.No. 2433 /12.01.012/2010-11 August@@NBSP@@ 26, 2010 The Chaiman & Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir, Opening@@NBSP@@ of No-Frills accounts by students for availing various Government Scholarships. It has been brought to our notice by the Secretary, Government of India, Ministry of Minority Affairs that banks are not opening ‘no-frills’ accounts in favour of students from minority comm

এপ্ৰিল 08, 2010
Cheque Collection Policy (CCP) - Immediate credit of Local / Outstation Cheques

RBI/2009-10/387 RPCD.CO.RRB.BC.No.65/03.05.33/2009-10 April 8, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Cheque Collection Policy (CCP) - Immediate credit of Local / Outstation Cheques Please refer to our circular RPCD.CO.RRB.BC.No. 87/03.05.33/2008-09 dated February 5, 2009 advising RRBs to frame their Cheque Collection Policies covering local and outstation cheque collection as per the time frame prescribed by the National Consumer Disputes Redress

RBI/2009-10/387 RPCD.CO.RRB.BC.No.65/03.05.33/2009-10 April 8, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Cheque Collection Policy (CCP) - Immediate credit of Local / Outstation Cheques Please refer to our circular RPCD.CO.RRB.BC.No. 87/03.05.33/2008-09 dated February 5, 2009 advising RRBs to frame their Cheque Collection Policies covering local and outstation cheque collection as per the time frame prescribed by the National Consumer Disputes Redress

নৱে 13, 2009
StCBs/DCCBs - Safe Deposit Lockers

RBI / 2009-10/ 218 RPCD.CO.RF. BC. No.42/07.38.01/ 2009-10 November 13, 2009 All State and Central Co-operative Banks Dear Sir, Safe Deposit Lockers Please refer to Paragraph 5 of our circular RPCD.CO.RF.BC.No.95/ 07.38.01/2006-07 dated May 18, 2007, wherein banks were advised to ensure that the identification code of the bank / branch is embossed on all the locker keys with a view to facilitate Authorities in identifying the ownership of the locker keys. 2. In view o

RBI / 2009-10/ 218 RPCD.CO.RF. BC. No.42/07.38.01/ 2009-10 November 13, 2009 All State and Central Co-operative Banks Dear Sir, Safe Deposit Lockers Please refer to Paragraph 5 of our circular RPCD.CO.RF.BC.No.95/ 07.38.01/2006-07 dated May 18, 2007, wherein banks were advised to ensure that the identification code of the bank / branch is embossed on all the locker keys with a view to facilitate Authorities in identifying the ownership of the locker keys. 2. In view o

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