Press Releases - Regulating Commercial Banking - আৰবিআই - Reserve Bank of India
প্ৰেছ ৰিলিজ
জানু 14, 1999
Reserve Bank of India to operationalise ALM system in banks
Chief executives of banks have been advised by the Reserve Bank of India to put in place the Asset Liability Management system by April 1, 1999 inorder to measure the risks. Keeping in view the constraints of the prevailing management information system and the level of computerisations, it was decided that banks will capture at least 60 per cent of the data on their assets and liabilities in the first year of implementation of ALM system.The Reserve Bank of India had
Chief executives of banks have been advised by the Reserve Bank of India to put in place the Asset Liability Management system by April 1, 1999 inorder to measure the risks. Keeping in view the constraints of the prevailing management information system and the level of computerisations, it was decided that banks will capture at least 60 per cent of the data on their assets and liabilities in the first year of implementation of ALM system.The Reserve Bank of India had
জানু 01, 1999
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks:Quarterly Handout : Last Friday of September 1998
The "Banking Statistics : Quarterly Handout - September 1998" providing data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on last Friday of September 1998, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from the Scheduled Commercial Banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank group
The "Banking Statistics : Quarterly Handout - September 1998" providing data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on last Friday of September 1998, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from the Scheduled Commercial Banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank group
ডিচে 01, 1998
RBI appeal to IT payers
The Reserve Bank of India has advised income tax assessees to take advantage of paying advance income tax at branches of designated banks. For the convenience of income tax assessees, arrangements have been made for receipt of advance income tax at specified branches of Bank of Baroda, Bank of India, Bank of Maharashtra, Central Bank of India, Dena Bank, Indian Overseas Bank, State Bank of India and United Bank of India. The designated branches of these banks have bee
The Reserve Bank of India has advised income tax assessees to take advantage of paying advance income tax at branches of designated banks. For the convenience of income tax assessees, arrangements have been made for receipt of advance income tax at specified branches of Bank of Baroda, Bank of India, Bank of Maharashtra, Central Bank of India, Dena Bank, Indian Overseas Bank, State Bank of India and United Bank of India. The designated branches of these banks have bee
নৱে 05, 1998
Facility to operate bank account by old/sick/incapacitated customers
The Reserve Bank of India has prescribed a procedure which banks can follow to enable the old/sick/incapacitated account holders to operate their bank accounts. In a circular issued recently, the Reserve Bank has identified two categories of sick/old/incapacitated customers. One, who is too ill to sign a cheque/cannot be physically present in the bank to withdraw money from his bank account but can put his/her thumb impression on the cheque/withdrawal form; and the ot
The Reserve Bank of India has prescribed a procedure which banks can follow to enable the old/sick/incapacitated account holders to operate their bank accounts. In a circular issued recently, the Reserve Bank has identified two categories of sick/old/incapacitated customers. One, who is too ill to sign a cheque/cannot be physically present in the bank to withdraw money from his bank account but can put his/her thumb impression on the cheque/withdrawal form; and the ot
অক্টো 31, 1998
RBI sets up a Working Group of Bankers to improve delivery systems and simplify procedure for provision of credit and other facilities to exporters
The Reserve Bank of India today announced the decision to set up a Working Group under the chairmanship of Shri V.Subrahmanyam, currently Executive Director, Reserve Bank of India in order to improve the procedures for credit delivery, to review facilities available to exporters and suggest improvements. The other members of the Group are: Sr.No. Name Designation Name of Bank 1. Shri H.Lal Chief General Manager State Bank of India 2. Shri A.K.S.Rao General Manager Can
The Reserve Bank of India today announced the decision to set up a Working Group under the chairmanship of Shri V.Subrahmanyam, currently Executive Director, Reserve Bank of India in order to improve the procedures for credit delivery, to review facilities available to exporters and suggest improvements. The other members of the Group are: Sr.No. Name Designation Name of Bank 1. Shri H.Lal Chief General Manager State Bank of India 2. Shri A.K.S.Rao General Manager Can
অক্টো 06, 1998
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks: Quarterly Handout : Last Friday of June 1998
The 'Banking Statistics : Quarterly Handout - June 1998'providing data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on last Friday of June 1998, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from the Scheduled Commercial Banks through the BSR-7 returns. Data have been presented according to top hundred centres, population groups, districts, states and bank groups. 2 The t
The 'Banking Statistics : Quarterly Handout - June 1998'providing data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on last Friday of June 1998, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from the Scheduled Commercial Banks through the BSR-7 returns. Data have been presented according to top hundred centres, population groups, districts, states and bank groups. 2 The t
অক্টো 03, 1998
Credit Cards : Additional Facility for NRIs
As a convenience to non-resident Indians (NRIs), the Reserve Bank of India has removed all restrictions on NRIs nominating their relatives or other resident Indians as additional credit card holders against their own foreign currency accounts held overseas. Any NRI can now have an additional credit card issued for a resident of India, payment for which can be made against his foreign currency account held abroad. General permission to this effect is being issued by th
As a convenience to non-resident Indians (NRIs), the Reserve Bank of India has removed all restrictions on NRIs nominating their relatives or other resident Indians as additional credit card holders against their own foreign currency accounts held overseas. Any NRI can now have an additional credit card issued for a resident of India, payment for which can be made against his foreign currency account held abroad. General permission to this effect is being issued by th
ছেপ্তে 10, 1998
Asset - Liability Management (ALM) System (Part 1 of 4)
RESERVE BANK OF INDIA CENTRAL OFFICE DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT CENTRE -1, WORLD TRADE CENTRE, CUFFE PARADE, COLABA, MUMBAI-400 005. Telegrams : 'BANKCHALAN' Mumbai Telephone : 2189131-39 Telex No. : 011-86135 Post Box No. : 6089 Fax No. : 0091-22-2183785 0091-22-2188770 Please quote in replay 19 Ref. : DBOD No. .................... 19 . (Sake) DBQD. No. BP. BC.94 /21.04.098 / 98 September 10, 1998 To All Scheduled Commercial Banks (excluding R
RESERVE BANK OF INDIA CENTRAL OFFICE DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT CENTRE -1, WORLD TRADE CENTRE, CUFFE PARADE, COLABA, MUMBAI-400 005. Telegrams : 'BANKCHALAN' Mumbai Telephone : 2189131-39 Telex No. : 011-86135 Post Box No. : 6089 Fax No. : 0091-22-2183785 0091-22-2188770 Please quote in replay 19 Ref. : DBOD No. .................... 19 . (Sake) DBQD. No. BP. BC.94 /21.04.098 / 98 September 10, 1998 To All Scheduled Commercial Banks (excluding R
ছেপ্তে 10, 1998
ALM - Guidelines (Part 2 of 4)
Over the last few years the Indian financial markets have witnessed wide ranging changes at fast pace. Intense competition for business involving both the assets and liabilities, together with increasing volatility in the domestic interest rates as well as foreign exchange rates, has brought pressure on the management of banks to maintain a good balance among spreads, profitability and long-term viability. These pressures call for structured and comprehensive measures
Over the last few years the Indian financial markets have witnessed wide ranging changes at fast pace. Intense competition for business involving both the assets and liabilities, together with increasing volatility in the domestic interest rates as well as foreign exchange rates, has brought pressure on the management of banks to maintain a good balance among spreads, profitability and long-term viability. These pressures call for structured and comprehensive measures
ছেপ্তে 10, 1998
ALM - Principles for the Management of Interest Rate Risk (Part 3 of 4)
SUMMARY 1. As part of its on-going efforts to address international bank supervisory issues, the Basle Committee on Banking Supervision1 is issuing the attached paper on the management of interest rate risk. In this, as in many other areas, sound controls are of crucial importance. It is essential that banks have a comprehensive risk management process in place that effectively identifies, measures, monitors and controls interest rate risk exposures, and that is subje
SUMMARY 1. As part of its on-going efforts to address international bank supervisory issues, the Basle Committee on Banking Supervision1 is issuing the attached paper on the management of interest rate risk. In this, as in many other areas, sound controls are of crucial importance. It is essential that banks have a comprehensive risk management process in place that effectively identifies, measures, monitors and controls interest rate risk exposures, and that is subje
ছেপ্তে 10, 1998
ALM - A Framework for Measuring and Managing Liquidity (Part 4 of 4)
(September 1992) In its work on the supervision of liquidity, the Basle Committee has focused on developing a greater understanding of the way in which international banks manage their liquidity on a global basis, on the premise that supervision of liquidity is particularly effective if based on a dialogue between bank and supervisor. This paper brings together practice and techniques currently employed by major international banks in a single analytical framework. Wh
(September 1992) In its work on the supervision of liquidity, the Basle Committee has focused on developing a greater understanding of the way in which international banks manage their liquidity on a global basis, on the premise that supervision of liquidity is particularly effective if based on a dialogue between bank and supervisor. This paper brings together practice and techniques currently employed by major international banks in a single analytical framework. Wh
আগ 28, 1998
Bank Finance against shares and debentures
DBOD No. ........ Dir.BC.90/13.07.05/98 28 August 1998 6 Bhadra 1920 (Saka) All commercial banks Dear Sir, Bank Finance against shares and debentures - Master Circular As you are aware the Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks in regard to advances against shares. To enable banks to have the current instructions at one place, a Master Circular containing al
DBOD No. ........ Dir.BC.90/13.07.05/98 28 August 1998 6 Bhadra 1920 (Saka) All commercial banks Dear Sir, Bank Finance against shares and debentures - Master Circular As you are aware the Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks in regard to advances against shares. To enable banks to have the current instructions at one place, a Master Circular containing al
জুলাই 03, 1998
Aggregate deposits and gross bank credit of all scheduled commercial banks as on the last Friday of March 1998
The 'Banking Statistics : Quarterly Handout - March 1998' providing data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of March 1998, with various classifications, has been published by the Reserve Bank of India. The primary data have been collected from the scheduled commercial banks through the BSR-7 returns. Data have been presented according to top hundred centres, population groups, districts, states and bank grou
The 'Banking Statistics : Quarterly Handout - March 1998' providing data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of March 1998, with various classifications, has been published by the Reserve Bank of India. The primary data have been collected from the scheduled commercial banks through the BSR-7 returns. Data have been presented according to top hundred centres, population groups, districts, states and bank grou
জুন 16, 1998
RBI Announces Repo Rate Cut
The Reserve bank of India has announced reduction in the repo rate by one percentage point from 6.0 per cent to 5.0 per cent effective Monday, June 15, 1998. P.T. Achuthan Manager Press Release : 1997-98/1206
The Reserve bank of India has announced reduction in the repo rate by one percentage point from 6.0 per cent to 5.0 per cent effective Monday, June 15, 1998. P.T. Achuthan Manager Press Release : 1997-98/1206
জুন 13, 1998
RBI Announces Repo Rate Cut
The Reserve bank of India has announced reduction in the repo rate by one percentage point from 6.0 per cent to 5.0 per cent effective Monday, June 15, 1998. P.T. Achuthan Manager Press Release : 1997-98/1206
The Reserve bank of India has announced reduction in the repo rate by one percentage point from 6.0 per cent to 5.0 per cent effective Monday, June 15, 1998. P.T. Achuthan Manager Press Release : 1997-98/1206
মে’ 28, 1998
Khan Working Group submits Full Report
The Khan Working Group on harmonising the Role of develop- ment financial institutions (DFIs) and banks submitted its full report to the Governor, Reserve Bank of India yesterday. The Working Group had already submitted the summary of its recommen- dations on April 24. The full report contains, besides the sum- mary of recommendations, a historical perspective of banks and DFIs in India, international experience and best practices in financial industry and regulatory
The Khan Working Group on harmonising the Role of develop- ment financial institutions (DFIs) and banks submitted its full report to the Governor, Reserve Bank of India yesterday. The Working Group had already submitted the summary of its recommen- dations on April 24. The full report contains, besides the sum- mary of recommendations, a historical perspective of banks and DFIs in India, international experience and best practices in financial industry and regulatory
মে’ 12, 1998
RBI allows two new foreign banks to open branches in India
The Reserve Bank of India has permitted two new foreign banks to open a branch each in India viz. Morgan Guaranty Trust Company of New York, USA a banking subsidiary of JP Morgan & Co. USA and Kredietbank N.V. of Belgium. Both the banks will open their respective branches in Mumbai.</p> (Alpana Killawala) General Manager Press Release : 1997-98/1069
The Reserve Bank of India has permitted two new foreign banks to open a branch each in India viz. Morgan Guaranty Trust Company of New York, USA a banking subsidiary of JP Morgan & Co. USA and Kredietbank N.V. of Belgium. Both the banks will open their respective branches in Mumbai.</p> (Alpana Killawala) General Manager Press Release : 1997-98/1069
এপ্ৰিল 24, 1998
Summary Recommendations of The Working Group set up by RBI
Significant changes suggested in role and operations of DFIs Sweeping changes proposed with regard to State-level Institutions Enabling changes proposed in regulatory/supervisory framework Substantive content of harmonisation between DFIs and Banks spelt out The Summary Recommendations of the Report of the Working Group for Harmonising the Role and Operations of DFIs and Banks was submitted by Shri S.H. Khan, CMD, IDBI and Chairman of the Working Group to the Governor
Significant changes suggested in role and operations of DFIs Sweeping changes proposed with regard to State-level Institutions Enabling changes proposed in regulatory/supervisory framework Substantive content of harmonisation between DFIs and Banks spelt out The Summary Recommendations of the Report of the Working Group for Harmonising the Role and Operations of DFIs and Banks was submitted by Shri S.H. Khan, CMD, IDBI and Chairman of the Working Group to the Governor
এপ্ৰিল 02, 1998
RBI reduces Bank Rate to 10%
The Reserve Bank of India has reduced the Bank Rate by one half of one percentage point, i.e. from `10.5 per cent per annum' to `10.0 per cent per annum' with effect from the close of business on April 2, 1998. (Alpana Killawala) General Manager Press Release : 1997-98/923
The Reserve Bank of India has reduced the Bank Rate by one half of one percentage point, i.e. from `10.5 per cent per annum' to `10.0 per cent per annum' with effect from the close of business on April 2, 1998. (Alpana Killawala) General Manager Press Release : 1997-98/923
মাৰ্চ 23, 1998
RBI reduces CRR
The Reserve Bank of India has decided to reduce the cash reserve ratio (CRR) by 0.50 percentage point in two phases. Consequently, the CRR stipulation which is currently at 10.5 per cent will be reduced to 10.0 per cent in two phases of 0.25 percentage point each effective March 28 and April 11, 1998. (Alpana Killawala) General Manager Press Release : 1997-98/876 Cash Reserve Ratio Under Section 42(1) of the Reserve Bank of India Act, 1934, all scheduled commercial ba
The Reserve Bank of India has decided to reduce the cash reserve ratio (CRR) by 0.50 percentage point in two phases. Consequently, the CRR stipulation which is currently at 10.5 per cent will be reduced to 10.0 per cent in two phases of 0.25 percentage point each effective March 28 and April 11, 1998. (Alpana Killawala) General Manager Press Release : 1997-98/876 Cash Reserve Ratio Under Section 42(1) of the Reserve Bank of India Act, 1934, all scheduled commercial ba
ডিচে 08, 1997
Working Group for harmonising the role and operations of DFIs and Banks
The Reserve Bank of India today announced constitution of a Working Group with a view to harmonising the role and operations of development finance institutions (DFIs) and banks. Headed by Shri S.H. Khan, Chairman & Managing Director, Industrial Development Bank of India, the Working Group will have the following terms of reference: <ol type=i> To review the role, structure and operations of DFIs and commercial banks in emerging operating environment and to
The Reserve Bank of India today announced constitution of a Working Group with a view to harmonising the role and operations of development finance institutions (DFIs) and banks. Headed by Shri S.H. Khan, Chairman & Managing Director, Industrial Development Bank of India, the Working Group will have the following terms of reference: <ol type=i> To review the role, structure and operations of DFIs and commercial banks in emerging operating environment and to
ডিচে 06, 1997
Review of flow of credit from banking sector
Shri S.P. Talwar, Deputy Governor, RBI met CMDs and Senior Officials of leading public sector banks today at Mumbai to discuss the prevailing situation in the credit dispensation by the banks to the commercial sector. At the outset he mentioned that the recent measures announced by the Reserve Bank keeping in view the prevailing situation in finance and forex markets were temporary and that they should not come in the way of flow of credit to the commercial sector. Re
Shri S.P. Talwar, Deputy Governor, RBI met CMDs and Senior Officials of leading public sector banks today at Mumbai to discuss the prevailing situation in the credit dispensation by the banks to the commercial sector. At the outset he mentioned that the recent measures announced by the Reserve Bank keeping in view the prevailing situation in finance and forex markets were temporary and that they should not come in the way of flow of credit to the commercial sector. Re
জুন 25, 1997
RBI reduces Bank Rate by one percentage point
On a review of monetary and credit developments since the announcement of the Monetary and Credit Policy in April 1997, the Reserve Bank of India has today decided to reduce the Bank Rate. With effect from the close of business today (June 25, 1997), the Bank Rate will be reduced by one percentage point, i.e., from the present level of 11 per cent per annum to 10 per cent per annum. The interest rates on domestic term deposits for maturity of 30 days and up to one yea
On a review of monetary and credit developments since the announcement of the Monetary and Credit Policy in April 1997, the Reserve Bank of India has today decided to reduce the Bank Rate. With effect from the close of business today (June 25, 1997), the Bank Rate will be reduced by one percentage point, i.e., from the present level of 11 per cent per annum to 10 per cent per annum. The interest rates on domestic term deposits for maturity of 30 days and up to one yea
এপ্ৰিল 02, 1997
Aggregate deposits and gross bank credit of all scheduled commercial banks as on the last Friday of December 1996
According to the data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of December 1996 collected through the BSR-7 returns, the top 100 centres arranged according to the size of deposits accounted for 59.0 per cent of the total deposits. Similarly, the top 100 centres arranged according to the size of bank credit constituted 71.6 per cent of the total bank credit. Nationalised banks as a group contributed 55.1 per cent o
According to the data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of December 1996 collected through the BSR-7 returns, the top 100 centres arranged according to the size of deposits accounted for 59.0 per cent of the total deposits. Similarly, the top 100 centres arranged according to the size of bank credit constituted 71.6 per cent of the total bank credit. Nationalised banks as a group contributed 55.1 per cent o
জানু 08, 1997
Chancellor Housing Development Finance & Investment (I) Ltd. prohibited from accepting deposits
The Reserve Bank of India, in exercise of the powers vested in it under sub-section (4) of Section 45K of the Reserve Bank of India Act, 1934, has prohibited the Chancellor Housing Development Finance & Investment (I) Ltd., Registered Office at Nutan Bazar, P.O. Dhubulia, Dist. Nadia, West Bengal,</b> from accepting deposits from any person including the existing depositors/certificate holders, in any form, whether by way of subscription/instalment to any sc
The Reserve Bank of India, in exercise of the powers vested in it under sub-section (4) of Section 45K of the Reserve Bank of India Act, 1934, has prohibited the Chancellor Housing Development Finance & Investment (I) Ltd., Registered Office at Nutan Bazar, P.O. Dhubulia, Dist. Nadia, West Bengal,</b> from accepting deposits from any person including the existing depositors/certificate holders, in any form, whether by way of subscription/instalment to any sc
জানু 06, 1997
Aggregate deposits and gross bank credit of all scheduled commercial banks as on the last Friday of September 1996
According to the data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last friday of September 1996 collected through the BSR-7 quarterly returns, the top hundred centres arranged according to the size of deposits accounted for 58.8 per cent of the total deposits. Similarly, the top hundred centres arranged according to the size of bank credit constituted 71.5 per cent of the total bank credit. Nationalised banks as a group contribu
According to the data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last friday of September 1996 collected through the BSR-7 quarterly returns, the top hundred centres arranged according to the size of deposits accounted for 58.8 per cent of the total deposits. Similarly, the top hundred centres arranged according to the size of bank credit constituted 71.5 per cent of the total bank credit. Nationalised banks as a group contribu
আগ 24, 1996
Guidelines for Setting up of Local Area Banks in the Private Sector
With a view to providing institutional mechanisms for promoting rural savings as well as for the provision of credit for viable economic activities in the local areas, it has been decided to allow the establishment of new local banks in the private sector. This is expected to bridge the gaps in credit availability and enhance the institutional credit framework in the rural and semi-urban areas. The following are the guidelines for establishment of the new local banks:
With a view to providing institutional mechanisms for promoting rural savings as well as for the provision of credit for viable economic activities in the local areas, it has been decided to allow the establishment of new local banks in the private sector. This is expected to bridge the gaps in credit availability and enhance the institutional credit framework in the rural and semi-urban areas. The following are the guidelines for establishment of the new local banks:
জানু 22, 1993
Guidelines on Entry of New Private Sector Banks
For well over two decades, after the nationalisation of 14 larger banks in 1969, no banks have been allowed to be set up in the private sector. Progressively, over this period, public sector banks have expanded their branch network considerably and catered to the socio-economic needs of large masses of the population, especially the weaker section and those in the rural areas. The public sector banks now have 91 per cent of the total bank branches and handle 85 per ce
For well over two decades, after the nationalisation of 14 larger banks in 1969, no banks have been allowed to be set up in the private sector. Progressively, over this period, public sector banks have expanded their branch network considerably and catered to the socio-economic needs of large masses of the population, especially the weaker section and those in the rural areas. The public sector banks now have 91 per cent of the total bank branches and handle 85 per ce
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