Notifications - Financial Inclusion and Development - RBI - Reserve Bank of India
Notifications
Jan 29, 2004
Provision of note counting machines in the counters
January 29, 2004 RBI/ 2004/30DCM (Plg)No.874/10.36.00/2003-04 The Chairman, State Bank of IndiaManaging Directors, Associate BanksChairmen and Managing Directors of Nationalised BanksChairmen / CEOs of Private Sector Banks / Foreign Banks / Regional Rural Banks / Local Area Banks.Dear SirProvision of note counting machines in the counters.We advise that in terms of the Directive DBOD. No.Dir.BC.43/13.03.00/2001-02 dated 7th November 2001 issued by Reserve Bank of Indi
January 29, 2004 RBI/ 2004/30DCM (Plg)No.874/10.36.00/2003-04 The Chairman, State Bank of IndiaManaging Directors, Associate BanksChairmen and Managing Directors of Nationalised BanksChairmen / CEOs of Private Sector Banks / Foreign Banks / Regional Rural Banks / Local Area Banks.Dear SirProvision of note counting machines in the counters.We advise that in terms of the Directive DBOD. No.Dir.BC.43/13.03.00/2001-02 dated 7th November 2001 issued by Reserve Bank of Indi
Jan 05, 2004
Frauds in the area of housing, consumer and retail finance
RPCD RBI/2004/3 @@NBSP@@ RPCD.RRB.No. BC.60 /03.05.33/2003-04 5 January 2004 The Chairmen Regional Rural Banks Dear Sir, Frauds in the area of housing, consumer and retail finance Cases of frauds have been reported to us by banks in the housing, consumer and retail finance portfolios perpetrated by unscrupulous borrowers by submitting fake/forged/stolen documents. The most common modus operandi adopted was availing of credit facilities by submitting forged/fake docume
RPCD RBI/2004/3 @@NBSP@@ RPCD.RRB.No. BC.60 /03.05.33/2003-04 5 January 2004 The Chairmen Regional Rural Banks Dear Sir, Frauds in the area of housing, consumer and retail finance Cases of frauds have been reported to us by banks in the housing, consumer and retail finance portfolios perpetrated by unscrupulous borrowers by submitting fake/forged/stolen documents. The most common modus operandi adopted was availing of credit facilities by submitting forged/fake docume
PDF (
Jan 01, 2004
Bifurcation of Medinipur district in West Bengal into Purba Medinipur and Paschim Medinipur districts - Assignment of Lead Bank responsibility
RBI/2004/18 RPCD.CO.LBS.BC.No. 58 / 02.01.01 /2003-04 January 1, 2004 Pausha 11, Saka 1925 The Chairmen All Lead Banks Dear Sir, Bifurcation of Medinipur district in West Bengal into Purba Medinipur and Paschim Medinipur districts – Assignment of Lead Bank responsibility The Government of West Bengal have, vide their notification dated December 18, 2001, bifurcated the limits of existing district of Medinipur into two separate districts, namely, Purba Medinipur, with
RBI/2004/18 RPCD.CO.LBS.BC.No. 58 / 02.01.01 /2003-04 January 1, 2004 Pausha 11, Saka 1925 The Chairmen All Lead Banks Dear Sir, Bifurcation of Medinipur district in West Bengal into Purba Medinipur and Paschim Medinipur districts – Assignment of Lead Bank responsibility The Government of West Bengal have, vide their notification dated December 18, 2001, bifurcated the limits of existing district of Medinipur into two separate districts, namely, Purba Medinipur, with
Feb 27, 2001
Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants
RPCD.CO.No.RF.BC.59/07.28.01/2000-2001 February 27, 2001 All State and Central Co-operative Banks /Regional Rural Banks Dear Sir, Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants Please refer to our circular No.RF.BC.09/07.38.01/2000-2001 dated 22 August 2000. 2. In this connection, we clarify that in regard to payment of balances in the accounts of the deceased customers to survivors / claimants the banks may call for succession
RPCD.CO.No.RF.BC.59/07.28.01/2000-2001 February 27, 2001 All State and Central Co-operative Banks /Regional Rural Banks Dear Sir, Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants Please refer to our circular No.RF.BC.09/07.38.01/2000-2001 dated 22 August 2000. 2. In this connection, we clarify that in regard to payment of balances in the accounts of the deceased customers to survivors / claimants the banks may call for succession
Aug 22, 2000
Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants
RPCD.CO.No.RF.BC.09/07.38.01/2000-2001 August 22, 2000 The Chairman ofAll State and Central Co-operative Banksand Regional Rural banks Dear Sir, Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants Please refer to our circular RPCD.No.BC.89/07.38.01/94-95 dated 21 December 1994 on the above subject, wherein banks were permitted to fix a limit higher than Rs.25,000/- if they consider it appropriate to settle the claims of survivors / claima
RPCD.CO.No.RF.BC.09/07.38.01/2000-2001 August 22, 2000 The Chairman ofAll State and Central Co-operative Banksand Regional Rural banks Dear Sir, Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants Please refer to our circular RPCD.No.BC.89/07.38.01/94-95 dated 21 December 1994 on the above subject, wherein banks were permitted to fix a limit higher than Rs.25,000/- if they consider it appropriate to settle the claims of survivors / claima
Feb 25, 2000
Micro Credit
RPCD.NO.PL.BC. 62 /04.09.01/99-2000 February 18, 2000To All Scheduled Commercial Banks (including Regional Rural Banks)Dear SirMICRO CREDIT A Micro Credit Special Cell was set up in RBI to suggest measures for augmenting flow of micro credit. Please refer in this connection to paragraph 64 of our circular No. BC.185/07.01.279/98-99 dated April 20, 1999 and paragraph 51 of our circular No. BC.190/07.01.279/98-99 dated October 29, 1999. This Cell has since submitted its
RPCD.NO.PL.BC. 62 /04.09.01/99-2000 February 18, 2000To All Scheduled Commercial Banks (including Regional Rural Banks)Dear SirMICRO CREDIT A Micro Credit Special Cell was set up in RBI to suggest measures for augmenting flow of micro credit. Please refer in this connection to paragraph 64 of our circular No. BC.185/07.01.279/98-99 dated April 20, 1999 and paragraph 51 of our circular No. BC.190/07.01.279/98-99 dated October 29, 1999. This Cell has since submitted its
Feb 25, 1999
Operation of Bank Accounts by Old/Sick/Incapacitated Customers
RPCD.No.RF.BC.71/07.38.01/98-99 February 25, 1999 All State and Central Co-operative Banks Dear Sir, Operation of Bank Accounts by Old/Sick/Incapacitated Customers The question of extending a suitable facility to old/sick/incapacitated bank customers for operation of their bank accounts etc. has been engaging our attention for some time. It has been decided to extend certain facilities to account holders who are sick/old/incapacitated and who are not willing to open a
RPCD.No.RF.BC.71/07.38.01/98-99 February 25, 1999 All State and Central Co-operative Banks Dear Sir, Operation of Bank Accounts by Old/Sick/Incapacitated Customers The question of extending a suitable facility to old/sick/incapacitated bank customers for operation of their bank accounts etc. has been engaging our attention for some time. It has been decided to extend certain facilities to account holders who are sick/old/incapacitated and who are not willing to open a
Mar 05, 1997
Interest Rates on Deposits
RPCD.No.DIR.BC.110/07.38.01/96-97 March 5, 1997 All State/Central Co-operative Banks Dear Sir, Interest Rates on Deposits It has been brought to our notice that some banks, while soliciting deposits from the public, have resorted to highlighting only the compounded yield on term deposits without indicating the actual rate of simple interest offered by the bank for the particular period of the deposits. As this is likely to mislead the customers, the banks should in an
RPCD.No.DIR.BC.110/07.38.01/96-97 March 5, 1997 All State/Central Co-operative Banks Dear Sir, Interest Rates on Deposits It has been brought to our notice that some banks, while soliciting deposits from the public, have resorted to highlighting only the compounded yield on term deposits without indicating the actual rate of simple interest offered by the bank for the particular period of the deposits. As this is likely to mislead the customers, the banks should in an
Sep 10, 1996
Operation of Safe Deposits Lockers by Customers
RPCD.No.BC.36/07.38.01/96-97 September 10, 1996 The Chief Executive of all State and Central Co-operative Banks Dear Sir, Operation of Safe Deposits Lockers by Customers In an incident which occurred in the recent past, a customer was confined in a locker room of a commercial bank for 72 hours from the Saturday afternoon until Tuesday morning (Monday being a holiday) when the bank was re-opened for business. While no doubt, such instances occur due to non-adherence to
RPCD.No.BC.36/07.38.01/96-97 September 10, 1996 The Chief Executive of all State and Central Co-operative Banks Dear Sir, Operation of Safe Deposits Lockers by Customers In an incident which occurred in the recent past, a customer was confined in a locker room of a commercial bank for 72 hours from the Saturday afternoon until Tuesday morning (Monday being a holiday) when the bank was re-opened for business. While no doubt, such instances occur due to non-adherence to
Apr 06, 1994
Committee on Customer Service in Banks - Implementation of Recommendations of the Goiporia Committee
RPCD.No.BC.126/07.38.01/93-94 April 6, 1994 All State Co-operative Banks Central Co-operative Banks Dear Sir, Committee on Customer Service in Banks - Implementation of Recommendations of the Goiporia Committee Please refer to our circular RPCD.No.111/07.38.01/92-93 dated 12th May 1993 in terms of which we have advised banks to implement certain recommendations of the Goiporia Committee on Customer Service in Banks and submit a progress report to our concerned Regiona
RPCD.No.BC.126/07.38.01/93-94 April 6, 1994 All State Co-operative Banks Central Co-operative Banks Dear Sir, Committee on Customer Service in Banks - Implementation of Recommendations of the Goiporia Committee Please refer to our circular RPCD.No.111/07.38.01/92-93 dated 12th May 1993 in terms of which we have advised banks to implement certain recommendations of the Goiporia Committee on Customer Service in Banks and submit a progress report to our concerned Regiona
Install the RBI mobile application and get quick access to the latest news!
Page Last Updated on: July 22, 2025
