Notifications - Financial Inclusion and Development - RBI - Reserve Bank of India
Notifications
Dec 26, 2016
Interest Subvention Scheme for Short Term Crop Loans during the year 2016-17- Grant of grace period of 60 days beyond due date
RBI/2016-17/194FIDD.No.FSD.BC. 19/05.04.02/2016-17 December 26, 2016 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Interest Subvention Scheme for Short Term Crop Loans during the year 2016-17- Grant of grace period of 60 days beyond due date As you are aware the Government of India (GoI) has been implementing the Interest Subvention Scheme (the Scheme) since 2006-07. In terms of the extant Scheme for the
RBI/2016-17/194FIDD.No.FSD.BC. 19/05.04.02/2016-17 December 26, 2016 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Interest Subvention Scheme for Short Term Crop Loans during the year 2016-17- Grant of grace period of 60 days beyond due date As you are aware the Government of India (GoI) has been implementing the Interest Subvention Scheme (the Scheme) since 2006-07. In terms of the extant Scheme for the
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Nov 30, 2016
Accounts under PMJDY - Precautions
RBI/2016-17/165 DCM (Plg) No. 1450/10.27.00/2016-17 November 29, 2016 The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional RuralBanks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks Dear Sir, Accounts under PMJDY - Precautions Please refer to our circular DCM (Plg) No.1424/10.27.00/2016-16 dated November 25, 2016 on “Withdrawal of cash – Weekly limit”. With
RBI/2016-17/165 DCM (Plg) No. 1450/10.27.00/2016-17 November 29, 2016 The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional RuralBanks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks Dear Sir, Accounts under PMJDY - Precautions Please refer to our circular DCM (Plg) No.1424/10.27.00/2016-16 dated November 25, 2016 on “Withdrawal of cash – Weekly limit”. With
Oct 13, 2016
Revised Kisan Credit Card (KCC) Scheme
RBI/2016-17/84 FIDD.FSD.BC.No.18/05.05.010/2016-17 October 13, 2016 The Chairman and Managing Director/ CEOs All Scheduled Commercial Banks (Excluding RRBs) Madam/Dear Sir, Revised Kisan Credit Card (KCC) Scheme Please refer to our circular RPCD.FSD.BC.No.23/05.05.09/2012-13 dated August 7, 2012 on the above subject. 2. It has been decided to make certain changes in Para 13 of the revised KCC Scheme as indicated in the Annex. All banks are advised to take note of the
RBI/2016-17/84 FIDD.FSD.BC.No.18/05.05.010/2016-17 October 13, 2016 The Chairman and Managing Director/ CEOs All Scheduled Commercial Banks (Excluding RRBs) Madam/Dear Sir, Revised Kisan Credit Card (KCC) Scheme Please refer to our circular RPCD.FSD.BC.No.23/05.05.09/2012-13 dated August 7, 2012 on the above subject. 2. It has been decided to make certain changes in Para 13 of the revised KCC Scheme as indicated in the Annex. All banks are advised to take note of the
Oct 06, 2016
Priority Sector Lending - Revised Reporting System
RBI/2016-2017/79 FIDD.CO.Plan.CO.BC.No.17/04.09.001/2016-17 October 6, 2016 The Chairman / Managing Director /Chief Executive Officer[All scheduled commercial banks(excluding Regional Rural Banks)] Madam/Dear Sir, Priority Sector Lending - Revised Reporting System Priority Sector guidelines were revised vide circular FIDD.CO.Plan.BC.54/04.09.01/2014-15 dated April 23, 2015. Accordingly, quarterly and annual monitoring formats for reporting priority sector lending were
RBI/2016-2017/79 FIDD.CO.Plan.CO.BC.No.17/04.09.001/2016-17 October 6, 2016 The Chairman / Managing Director /Chief Executive Officer[All scheduled commercial banks(excluding Regional Rural Banks)] Madam/Dear Sir, Priority Sector Lending - Revised Reporting System Priority Sector guidelines were revised vide circular FIDD.CO.Plan.BC.54/04.09.01/2014-15 dated April 23, 2015. Accordingly, quarterly and annual monitoring formats for reporting priority sector lending were
Sep 29, 2016
‘Doubling Farmers’ Income by 2022’ - Measures
RBI/2016-17/66 FIDD.CO.LBS.BC.No.16 /02.01.001/2016-17 September 29, 2016 The Chairman and Managing Directors SLBC Convener Banks/ Lead Banks Dear Sir/ Madam, ‘Doubling Farmers’ Income by 2022’ - Measures As you are aware, the Government of India in the Union Budget 2016-17 had announced its resolve to double the income of farmers by 2022. Several steps have been taken towards attaining this objective including setting up of an inter-ministerial committee for preparat
RBI/2016-17/66 FIDD.CO.LBS.BC.No.16 /02.01.001/2016-17 September 29, 2016 The Chairman and Managing Directors SLBC Convener Banks/ Lead Banks Dear Sir/ Madam, ‘Doubling Farmers’ Income by 2022’ - Measures As you are aware, the Government of India in the Union Budget 2016-17 had announced its resolve to double the income of farmers by 2022. Several steps have been taken towards attaining this objective including setting up of an inter-ministerial committee for preparat
Sep 29, 2016
Master Circular- Credit Facilities to Minority Communities - Modification
RBI/2016-17/67 FIDD.GSSD.BC.No.15/09.10.01/2016-17 September 29, 2016 The Chairman/ Managing DirectorAll Scheduled Commercial Banks(excluding RRBs and Foreign banks with less than 20 branches) Dear Sir / Madam, Master Circular- Credit Facilities to Minority Communities – Modification Please refer to our Master Circular FIDD.GSSD.BC.No.01/09.10.01/2016-17 dated July 01, 2016. 2. In partial modification of the Circular, para 2.1 under “Definition of Minority Communities
RBI/2016-17/67 FIDD.GSSD.BC.No.15/09.10.01/2016-17 September 29, 2016 The Chairman/ Managing DirectorAll Scheduled Commercial Banks(excluding RRBs and Foreign banks with less than 20 branches) Dear Sir / Madam, Master Circular- Credit Facilities to Minority Communities – Modification Please refer to our Master Circular FIDD.GSSD.BC.No.01/09.10.01/2016-17 dated July 01, 2016. 2. In partial modification of the Circular, para 2.1 under “Definition of Minority Communities
Sep 01, 2016
Priority Sector Lending - Targets and Classification: Lending to non-corporate farmers - System wide average of last three years
RBI/2016-17/55 FIDD.CO.Plan.BC.14/ 04.09.01/2016-17 September 1, 2016 The Chairman/ Managing Director Chief Executive Officer [All Domestic Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Priority Sector Lending - Targets and Classification: Lending to non-corporate farmers – System wide average of last three years It was communicated vide our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015 on the captioned subject, t
RBI/2016-17/55 FIDD.CO.Plan.BC.14/ 04.09.01/2016-17 September 1, 2016 The Chairman/ Managing Director Chief Executive Officer [All Domestic Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Priority Sector Lending - Targets and Classification: Lending to non-corporate farmers – System wide average of last three years It was communicated vide our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015 on the captioned subject, t
Aug 25, 2016
Pradhan Mantri Fasal Bima Yojna-Non-feeding of data by bank branches in the Crop Insurance Portal of MoA&FW
RBI/2016-17/41 FIDD.CO.FSD.BC.11/05.10.007/2016-17 August 25, 2016 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam/Dear Sir Pradhan Mantri Fasal Bima Yojna-Non-feeding of data by bank branches in the Crop Insurance Portal of MoA&FW. Please refer to our circular FIDD.No.FSD.BC20/05.10.007/2015-16 dated March 17, 2016 advising you to ensure strict compliance of the provisions of the Pradhan
RBI/2016-17/41 FIDD.CO.FSD.BC.11/05.10.007/2016-17 August 25, 2016 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam/Dear Sir Pradhan Mantri Fasal Bima Yojna-Non-feeding of data by bank branches in the Crop Insurance Portal of MoA&FW. Please refer to our circular FIDD.No.FSD.BC20/05.10.007/2015-16 dated March 17, 2016 advising you to ensure strict compliance of the provisions of the Pradhan
Aug 25, 2016
Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) - Aajeevika - Interest Subvention Scheme
RBI/2016-17/42 FIDD.GSSD.CO.BC.No.13/09.01.03/2016-17 August 25, 2016 The Chairman / Managing Director Public and Private Sector Banks Dear Sir / Madam, Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) – Aajeevika - Interest Subvention Scheme Please refer to our circular FIDD.GSSD.CO.BC.NO. 19/09.01.03/2015-16 dated January 21, 2016 on interest subvention scheme under National Rural Livelihoods Mission (NRLM). 2. The revised guidelines for th
RBI/2016-17/42 FIDD.GSSD.CO.BC.No.13/09.01.03/2016-17 August 25, 2016 The Chairman / Managing Director Public and Private Sector Banks Dear Sir / Madam, Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) – Aajeevika - Interest Subvention Scheme Please refer to our circular FIDD.GSSD.CO.BC.NO. 19/09.01.03/2015-16 dated January 21, 2016 on interest subvention scheme under National Rural Livelihoods Mission (NRLM). 2. The revised guidelines for th
Aug 11, 2016
Priority Sector Lending status for Factoring Transactions
RBI/2016-17/37 FIDD.CO.Plan.BC.10/04.09.01/2016-17 August 11, 2016 The Chairman/ Managing Director/Chief Executive Officer[All Scheduled Commercial Banks(excluding Regional Rural Banks)] Dear Sir/ Madam, Priority Sector Lending status for Factoring Transactions Please refer to Master Direction FIDD.CO.Plan.1/04.09.01/2016-17 dated July 7, 2016 on Priority Sector Lending (PSL) and Guidelines dated December 3, 2014 for setting up of and operating the Trade Receivables D
RBI/2016-17/37 FIDD.CO.Plan.BC.10/04.09.01/2016-17 August 11, 2016 The Chairman/ Managing Director/Chief Executive Officer[All Scheduled Commercial Banks(excluding Regional Rural Banks)] Dear Sir/ Madam, Priority Sector Lending status for Factoring Transactions Please refer to Master Direction FIDD.CO.Plan.1/04.09.01/2016-17 dated July 7, 2016 on Priority Sector Lending (PSL) and Guidelines dated December 3, 2014 for setting up of and operating the Trade Receivables D
Aug 04, 2016
Union Budget - 2016-17 Interest Subvention Scheme
RBI/2016-17/32 FIDD.CO.FSD.BC.No 9/05.02.001/2016-17 August 4, 2016 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget – 2016-17 Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement relating to the Interest Subvention Scheme 2016-17 (the Scheme) it is advised that Government of India has approved the implementation of the Scheme for the yea
RBI/2016-17/32 FIDD.CO.FSD.BC.No 9/05.02.001/2016-17 August 4, 2016 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget – 2016-17 Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement relating to the Interest Subvention Scheme 2016-17 (the Scheme) it is advised that Government of India has approved the implementation of the Scheme for the yea
Jul 28, 2016
Priority Sector Lending -Targets and Classification- Bank loans to MFIs for on-lending - Qualifying asset - Revised loan limit
RBI/2016-17/27 FIDD.CO.Plan.BC.No.8/04.09.001/2016-17 July 28, 2016 The Chairman/ Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (excluding RRBs)] Dear Sir/ Madam, Priority Sector Lending –Targets and Classification- Bank loans to MFIs for on-lending - Qualifying asset - Revised loan limit Please refer to paragraph 19 (b) (iv) of the Master Direction on Priority Sector Lending – Targets and Classification FIDD.CO.Plan.No.1/04.09.001/2016-17
RBI/2016-17/27 FIDD.CO.Plan.BC.No.8/04.09.001/2016-17 July 28, 2016 The Chairman/ Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (excluding RRBs)] Dear Sir/ Madam, Priority Sector Lending –Targets and Classification- Bank loans to MFIs for on-lending - Qualifying asset - Revised loan limit Please refer to paragraph 19 (b) (iv) of the Master Direction on Priority Sector Lending – Targets and Classification FIDD.CO.Plan.No.1/04.09.001/2016-17
Jun 30, 2016
Performance Audit of Crop Insurance Schemes
RBI/2015-16/442FIDD.No.FSD.BC.28/05.10.007/2015-16 June 30, 2016 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks(excluding Regional Rural Banks) Madam / Sir, Performance Audit of Crop Insurance Schemes The Comptroller and Auditor General is conducting a performance audit of agricultural crop insurance schemes to examine the efficacy of crop insurance in providing succour to farmers who suffer damage to their crops. This audit is p
RBI/2015-16/442FIDD.No.FSD.BC.28/05.10.007/2015-16 June 30, 2016 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks(excluding Regional Rural Banks) Madam / Sir, Performance Audit of Crop Insurance Schemes The Comptroller and Auditor General is conducting a performance audit of agricultural crop insurance schemes to examine the efficacy of crop insurance in providing succour to farmers who suffer damage to their crops. This audit is p
Jun 09, 2016
National Rural livelihoods Mission (NRLM) - Aajeevika - Interest Subvention Scheme
RBI/2015-16/420 FIDD.GSSD.CO.BC.No.26/09.01.03/2015-16 June 09, 2016 The Chairman / Managing Director All Public Sector Banks Dear Sir / Madam, National Rural livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme Please refer to our circular FIDD.GSSD.CO.BC.No.19/09.01.03/2015-16 January 21, 2016 enclosing guidelines on interest subvention scheme under National Rural Livelihoods Mission (NRLM). 2. In partial modification of the Scheme, Ministry of Rural
RBI/2015-16/420 FIDD.GSSD.CO.BC.No.26/09.01.03/2015-16 June 09, 2016 The Chairman / Managing Director All Public Sector Banks Dear Sir / Madam, National Rural livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme Please refer to our circular FIDD.GSSD.CO.BC.No.19/09.01.03/2015-16 January 21, 2016 enclosing guidelines on interest subvention scheme under National Rural Livelihoods Mission (NRLM). 2. In partial modification of the Scheme, Ministry of Rural
Jun 02, 2016
Implementation of Supreme Court Orders in Writ Petition by Swaraj Abhiyan against Union of India and others- Guidelines on Relief Measures by banks in areas affected by Natural Calamities
RBI/2015-16/416 FIDD.FSD.BC.No.25/05.10.001/2015-16 June 2, 2016 The Chairman/ Managing Director / Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] Madam / Sir Implementation of Supreme Court Orders in Writ Petition by Swaraj Abhiyan against Union of India and others- Guidelines on Relief Measures by banks in areas affected by Natural Calamities During the hearing of the captioned Writ Petition, the Hon'ble Supreme Court has d
RBI/2015-16/416 FIDD.FSD.BC.No.25/05.10.001/2015-16 June 2, 2016 The Chairman/ Managing Director / Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] Madam / Sir Implementation of Supreme Court Orders in Writ Petition by Swaraj Abhiyan against Union of India and others- Guidelines on Relief Measures by banks in areas affected by Natural Calamities During the hearing of the captioned Writ Petition, the Hon'ble Supreme Court has d
May 05, 2016
Discontinuation of Statements on Special Agriculture Credit Plan (SACP)
RBI/2015-16/391 FIDD. No. FSD. BC.24/05.05.014/2015-16 May 5, 2016 The Chairman/ Managing Director / Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] Madam / Dear Sir, Discontinuation of Statements on Special Agriculture Credit Plan (SACP) In order to monitor and augment the flow of credit to Agriculture, Special Agriculture Credit Plans (SACP) were introduced for Public Sector banks in 1994 and extended to Private Sector Bank
RBI/2015-16/391 FIDD. No. FSD. BC.24/05.05.014/2015-16 May 5, 2016 The Chairman/ Managing Director / Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] Madam / Dear Sir, Discontinuation of Statements on Special Agriculture Credit Plan (SACP) In order to monitor and augment the flow of credit to Agriculture, Special Agriculture Credit Plans (SACP) were introduced for Public Sector banks in 1994 and extended to Private Sector Bank
Apr 07, 2016
Priority Sector Lending Certificates
RBI/2015-16/366 FIDD.CO.Plan.BC.23/04.09.01/2015-16 April 7, 2016 The Chairman/ Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (including Regional Rural Banks)/ Urban Co-operative Banks/ Local Area Banks] Dear Sir/ Madam, Priority Sector Lending Certificates Please refer to Para VIII of Circular FIDD.CO.Plan.BC 54/04.09.01/2014 – 15 dated April 23, 2015 on Priority Sector Lending - Targets and Classifications about introduction of Priority
RBI/2015-16/366 FIDD.CO.Plan.BC.23/04.09.01/2015-16 April 7, 2016 The Chairman/ Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (including Regional Rural Banks)/ Urban Co-operative Banks/ Local Area Banks] Dear Sir/ Madam, Priority Sector Lending Certificates Please refer to Para VIII of Circular FIDD.CO.Plan.BC 54/04.09.01/2014 – 15 dated April 23, 2015 on Priority Sector Lending - Targets and Classifications about introduction of Priority
Apr 07, 2016
Deendayal Antyodaya Yojana (DAY)-National Urban Livelihoods Mission
RBI/2015-16/360FIDD.GSSD.CO.BC.No.22/09.16.03/2015-16 April 07, 2016 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir/Madam, Deendayal Antyodaya Yojana (DAY)-National Urban Livelihoods Mission Please refer to Master circular FIDD.GSSD.CO.BC.No.10/09.16.03/2015-16 dated July 30, 2015 on National Urban Livelihoods Mission (NULM) Scheme. 2. With a view to improving the livelihood opportunities for the poor in urban areas, Ministry of Housing and Ur
RBI/2015-16/360FIDD.GSSD.CO.BC.No.22/09.16.03/2015-16 April 07, 2016 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir/Madam, Deendayal Antyodaya Yojana (DAY)-National Urban Livelihoods Mission Please refer to Master circular FIDD.GSSD.CO.BC.No.10/09.16.03/2015-16 dated July 30, 2015 on National Urban Livelihoods Mission (NULM) Scheme. 2. With a view to improving the livelihood opportunities for the poor in urban areas, Ministry of Housing and Ur
Mar 17, 2016
Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs)
RBI/2015-16/338FIDD.MSME & NFS.BC.No.21/06.02.31/2015-16 March 17, 2016 All Scheduled Commercial Banks (Excluding RRBs) Madam / Sir, Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs) In order to provide a simpler and faster mechanism to address the stress in the accounts of MSMEs and to facilitate the promotion and development of MSMEs, the Ministry of Micro, Small and Medium Enterprises, Government of India, vide their Gazett
RBI/2015-16/338FIDD.MSME & NFS.BC.No.21/06.02.31/2015-16 March 17, 2016 All Scheduled Commercial Banks (Excluding RRBs) Madam / Sir, Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs) In order to provide a simpler and faster mechanism to address the stress in the accounts of MSMEs and to facilitate the promotion and development of MSMEs, the Ministry of Micro, Small and Medium Enterprises, Government of India, vide their Gazett
Mar 17, 2016
Pradhan Mantri Fasal Bima Yojana
RBI/2015-16/341 FIDD.No.FSD.BC.20/05.10.007/2015-16 March 17, 2016 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Pradhan Mantri Fasal Bima Yojana As you are aware, Government of India has recently approved Pradhan Mantri Fasal Bima Yojana (PMFBY) which would replace the existing schemes of National Agricultural Insurance Scheme (NAIS) & Modified National Agricultural Insuran
RBI/2015-16/341 FIDD.No.FSD.BC.20/05.10.007/2015-16 March 17, 2016 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Pradhan Mantri Fasal Bima Yojana As you are aware, Government of India has recently approved Pradhan Mantri Fasal Bima Yojana (PMFBY) which would replace the existing schemes of National Agricultural Insurance Scheme (NAIS) & Modified National Agricultural Insuran
Jan 21, 2016
National Rural Livelihoods Mission (NRLM) - Aajeevika - Interest Subvention Scheme
RBI/2015-16/296 FIDD. GSSD. CO. BC .No. 19/09.01.03/2015-16 January 21, 2016 The Chairman / Managing Director All Public Sector BanksDear Sir / Madam, National Rural Livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme Please refer to our circular FIDD.GSSD.CO.BC.NO.45/09.01.03/2014-15 dated December 09, 2014 on interest subvention scheme under National Rural Livelihoods Mission (NRLM). 2. The revised guidelines for the year 2015-16 on Interest Subventi
RBI/2015-16/296 FIDD. GSSD. CO. BC .No. 19/09.01.03/2015-16 January 21, 2016 The Chairman / Managing Director All Public Sector BanksDear Sir / Madam, National Rural Livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme Please refer to our circular FIDD.GSSD.CO.BC.NO.45/09.01.03/2014-15 dated December 09, 2014 on interest subvention scheme under National Rural Livelihoods Mission (NRLM). 2. The revised guidelines for the year 2015-16 on Interest Subventi
Jan 14, 2016
Financial Literacy Centres (FLCs) - Revised Guidelines
RBI/2015-16/286 FIDD.FLC.BC.No.18/12.01.018/2015-16 January 14, 2016 To Chairman/MD & CEO Scheduled Commercial Banks(Including RRBs) Dear Sir/Madam, Financial Literacy Centres (FLCs) – Revised Guidelines Please refer to our circulars RPCD.FLC.No.12452/12.01.018/2011-12 dated June 6, 2012 and RPCD.FLC.No.7641/12.01.018/ 2012-13 dated January 31, 2013 issuing operational guidelines for conduct of financial literacy camps by FLCs and rural branches of banks. Subseque
RBI/2015-16/286 FIDD.FLC.BC.No.18/12.01.018/2015-16 January 14, 2016 To Chairman/MD & CEO Scheduled Commercial Banks(Including RRBs) Dear Sir/Madam, Financial Literacy Centres (FLCs) – Revised Guidelines Please refer to our circulars RPCD.FLC.No.12452/12.01.018/2011-12 dated June 6, 2012 and RPCD.FLC.No.7641/12.01.018/ 2012-13 dated January 31, 2013 issuing operational guidelines for conduct of financial literacy camps by FLCs and rural branches of banks. Subseque
Jan 14, 2016
Direct Benefit Transfer (DBT) Scheme - Seeding of Aadhaar in Bank Accounts - Clarification
RBI/2015-16/289 FIDD.CO.LBS.BC. No.17/02.01.001/2015-16 January 14, 2016 The Chairman and Managing Director Scheduled Commercial Banks including RRBs Dear Sir/Madam, Direct Benefit Transfer (DBT) Scheme – Seeding of Aadhaar in Bank Accounts – Clarification Please refer to circular RPCD.CO.LBS.BC.No.11/02.01.001/2013-14 dated July 9, 2013 regarding the use of Aadhaar to facilitate delivery of social welfare benefits by direct credit to the bank accounts of beneficiarie
RBI/2015-16/289 FIDD.CO.LBS.BC. No.17/02.01.001/2015-16 January 14, 2016 The Chairman and Managing Director Scheduled Commercial Banks including RRBs Dear Sir/Madam, Direct Benefit Transfer (DBT) Scheme – Seeding of Aadhaar in Bank Accounts – Clarification Please refer to circular RPCD.CO.LBS.BC.No.11/02.01.001/2013-14 dated July 9, 2013 regarding the use of Aadhaar to facilitate delivery of social welfare benefits by direct credit to the bank accounts of beneficiarie
Dec 31, 2015
Roadmap for opening brick and mortar branches in villages with population more than 5000 without a bank branch of a scheduled commercial bank
RBI/2015-16/277 FIDD.CO.LBS.BC.No. 82 /02.01.001/2015-16 December 31, 2015 The Chairman and Managing Director SLBC Convenor Banks Dear Sir/Madam, Roadmap for opening brick and mortar branches in villages with population more than 5000 without a bank branch of a scheduled commercial bank You are aware that SLBC Convenor banks were advised vide circular RPCD.CO.LBS.BC. No. 86/02.01.001/2011-12 dated June 19, 2012 to prepare a roadmap to provide banking services in all u
RBI/2015-16/277 FIDD.CO.LBS.BC.No. 82 /02.01.001/2015-16 December 31, 2015 The Chairman and Managing Director SLBC Convenor Banks Dear Sir/Madam, Roadmap for opening brick and mortar branches in villages with population more than 5000 without a bank branch of a scheduled commercial bank You are aware that SLBC Convenor banks were advised vide circular RPCD.CO.LBS.BC. No. 86/02.01.001/2011-12 dated June 19, 2012 to prepare a roadmap to provide banking services in all u
Dec 03, 2015
Regional Rural Banks - Priority Sector Lending - Targets and Classification
RBI/2015-16/257 FIDD.CO.Plan.BC.No.14/04.09.01/2015-16 December 3, 2015 The Chairman All Regional Rural Banks Dear Sir/Madam, Regional Rural Banks - Priority Sector Lending – Targets and Classification During the last decade, Regional Rural Banks (RRBs) have undergone significant structural and operational changes, be it two-phased amalgamation, implementation of CBS platform or recapitalization, inter alia. Considering the growing significance of RRBs in pursuit of f
RBI/2015-16/257 FIDD.CO.Plan.BC.No.14/04.09.01/2015-16 December 3, 2015 The Chairman All Regional Rural Banks Dear Sir/Madam, Regional Rural Banks - Priority Sector Lending – Targets and Classification During the last decade, Regional Rural Banks (RRBs) have undergone significant structural and operational changes, be it two-phased amalgamation, implementation of CBS platform or recapitalization, inter alia. Considering the growing significance of RRBs in pursuit of f
Nov 19, 2015
Priority Sector Lending - Targets and Classification
RBI/2015-16/241 FIDD.CO.Plan.BC. 13/04.09.01/2015-16 November 18, 2015 The Chairman/ Managing Director Chief Executive Officer [All Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Priority Sector Lending – Targets and ClassificationIt was communicated vide our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015 on the captioned subject, that the system-wide average of the last three years achievement with regard to overal
RBI/2015-16/241 FIDD.CO.Plan.BC. 13/04.09.01/2015-16 November 18, 2015 The Chairman/ Managing Director Chief Executive Officer [All Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Priority Sector Lending – Targets and ClassificationIt was communicated vide our Circular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015 on the captioned subject, that the system-wide average of the last three years achievement with regard to overal
Aug 27, 2015
Streamlining flow of credit to Micro and Small Enterprises (MSEs) for facilitating timely and adequate credit flow during their ‘Life Cycle’
RBI/2015-16/160 FIDD.MSME & NFS.BC.No.60/06.02.31/2015-16 August 27, 2015 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir / Madam, Streamlining flow of credit to Micro and Small Enterprises (MSEs) for facilitating timely and adequate credit flow during their ‘Life Cycle’ Micro and small units are more prone to facing financial difficulties during their Life Cycle than large enterprises / corporates when the business conditions turn adverse
RBI/2015-16/160 FIDD.MSME & NFS.BC.No.60/06.02.31/2015-16 August 27, 2015 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir / Madam, Streamlining flow of credit to Micro and Small Enterprises (MSEs) for facilitating timely and adequate credit flow during their ‘Life Cycle’ Micro and small units are more prone to facing financial difficulties during their Life Cycle than large enterprises / corporates when the business conditions turn adverse
Aug 13, 2015
Union Budget - 2015-16 Interest Subvention Scheme
RBI/2015-16/152 FIDD.No.FSD.BC.59/05.04.02/2015-16 August 13, 2015 The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget - 2015-16 Interest Subvention Scheme Please refer to our letter FIDD CO.FSD.No.10740/05.04.02/2014-15 dated June 17, 2015 conveying extension of Interest Subvention Scheme upto July 31, 2015. In this regard, it is advised that Government of India has approved the implementation of the
RBI/2015-16/152 FIDD.No.FSD.BC.59/05.04.02/2015-16 August 13, 2015 The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget - 2015-16 Interest Subvention Scheme Please refer to our letter FIDD CO.FSD.No.10740/05.04.02/2014-15 dated June 17, 2015 conveying extension of Interest Subvention Scheme upto July 31, 2015. In this regard, it is advised that Government of India has approved the implementation of the
Jul 16, 2015
Priority Sector Lending - Targets and Classification
RBI/2015-16/132 FIDD.CO.Plan.BC.08/04.09.01/2015-16 July 16, 2015 The Chairman/ Managing Director Chief Executive Officer [All Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Priority Sector Lending – Targets and ClassificationPlease refer to our Master Circular No. FIDD.CO.Plan.BC.04/04.09.01/2015-16 dated July 1, 2015 on the above subject. 2. The target for direct lending by banks to agriculture under Priority Sector Norms has aimed to
RBI/2015-16/132 FIDD.CO.Plan.BC.08/04.09.01/2015-16 July 16, 2015 The Chairman/ Managing Director Chief Executive Officer [All Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Priority Sector Lending – Targets and ClassificationPlease refer to our Master Circular No. FIDD.CO.Plan.BC.04/04.09.01/2015-16 dated July 1, 2015 on the above subject. 2. The target for direct lending by banks to agriculture under Priority Sector Norms has aimed to
Jun 11, 2015
Priority Sector Lending - Revised Reporting System
RBI/2014-15/639 FIDD.CO.Plan.BC.No.58/04.09.001/2014-15 June 11, 2015 The Chairman / Managing Director /Chief Executive Officer[All scheduled commercial banks(excluding regional rural banks)] Madam/Dear Sir, Priority Sector Lending - Revised Reporting System As you are aware, priority sector guidelines have been revised vide circular FIDD.CO.Plan.BC.54/04.09.01/2014-15 dated April 23, 2015, wherein it was advised that separate guidelines relating to priority sector da
RBI/2014-15/639 FIDD.CO.Plan.BC.No.58/04.09.001/2014-15 June 11, 2015 The Chairman / Managing Director /Chief Executive Officer[All scheduled commercial banks(excluding regional rural banks)] Madam/Dear Sir, Priority Sector Lending - Revised Reporting System As you are aware, priority sector guidelines have been revised vide circular FIDD.CO.Plan.BC.54/04.09.01/2014-15 dated April 23, 2015, wherein it was advised that separate guidelines relating to priority sector da
May 28, 2015
National Urban Livelihoods Mission (NULM ) - Reporting Format
RBI/2014-15/613 FIDD.CO.GSSD.BC.No.57/09.16.003/2014 - 15 May 28, 2015 The Chairman / Managing Director All Scheduled Commercial Banks Dear Sir, National Urban Livelihoods Mission (NULM ) - Reporting Format Please refer to our Circular RPCD.CO.GSSD.BC.No.26/09.16.03/2014-15 dated August 14, 2014 on Self Employment Programme (SEP) under National Urban Livelihoods Mission (NULM). 2. In order to monitor progress of the targets vis a vis achievement under NULM, Banks are
RBI/2014-15/613 FIDD.CO.GSSD.BC.No.57/09.16.003/2014 - 15 May 28, 2015 The Chairman / Managing Director All Scheduled Commercial Banks Dear Sir, National Urban Livelihoods Mission (NULM ) - Reporting Format Please refer to our Circular RPCD.CO.GSSD.BC.No.26/09.16.03/2014-15 dated August 14, 2014 on Self Employment Programme (SEP) under National Urban Livelihoods Mission (NULM). 2. In order to monitor progress of the targets vis a vis achievement under NULM, Banks are
May 21, 2015
SHG-Bank Linkage Programme - Revision of progress reports
RBI/2014-15/607 FIDD.FID.BC.No.56/12.01.033/2014-15 May 21, 2015 The Chairman / Managing Director Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam, SHG-Bank Linkage Programme – Revision of progress reports In terms of our Circular RPCD.CO.MFFI.BC.No.103/12.01.01/2006-07 dated June 20, 2007 on Microfinance – Submission of progress report and Master Circular RPCD.FID.BC.No.06/12.01.033/2014-15 dated July 01, 2014 on SHG Bank Linka
RBI/2014-15/607 FIDD.FID.BC.No.56/12.01.033/2014-15 May 21, 2015 The Chairman / Managing Director Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam, SHG-Bank Linkage Programme – Revision of progress reports In terms of our Circular RPCD.CO.MFFI.BC.No.103/12.01.01/2006-07 dated June 20, 2007 on Microfinance – Submission of progress report and Master Circular RPCD.FID.BC.No.06/12.01.033/2014-15 dated July 01, 2014 on SHG Bank Linka
Apr 23, 2015
Priority Sector Lending-Targets and Classification
RBI/2014-15/573 FIDD.CO.Plan.BC.54/04.09.01/2014-15 April 23, 2015 The Chairman / Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] Dear Sir/ Madam, PRIORITY SECTOR LENDING-TARGETS AND CLASSIFICATION An Internal Working Group (IWG) was set up in July 2014 to revisit the existing priority sector lending guidelines. The report of the IWG was placed in the public domain inviting comments. The recommendations of
RBI/2014-15/573 FIDD.CO.Plan.BC.54/04.09.01/2014-15 April 23, 2015 The Chairman / Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] Dear Sir/ Madam, PRIORITY SECTOR LENDING-TARGETS AND CLASSIFICATION An Internal Working Group (IWG) was set up in July 2014 to revisit the existing priority sector lending guidelines. The report of the IWG was placed in the public domain inviting comments. The recommendations of
Apr 16, 2015
Union Budget - 2015-16 Interest Subvention Scheme
RBI/2014-15/557FIDD.No.FSD.BC.53/05.04.02/2014-15 April 16, 2015 The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir / Madam Union Budget – 2015-16 Interest Subvention Scheme Please refer to our Circular FIDD. No. FSD.BC. 48/05.04.02/2014-15 dated January 21, 2015 on Interest Subvention Scheme for Short-term Crop Loans for the year 2014-15. As regards the Scheme for the year 2015-16, Government of India (GoI) has advise
RBI/2014-15/557FIDD.No.FSD.BC.53/05.04.02/2014-15 April 16, 2015 The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir / Madam Union Budget – 2015-16 Interest Subvention Scheme Please refer to our Circular FIDD. No. FSD.BC. 48/05.04.02/2014-15 dated January 21, 2015 on Interest Subvention Scheme for Short-term Crop Loans for the year 2014-15. As regards the Scheme for the year 2015-16, Government of India (GoI) has advise
Mar 25, 2015
Guidelines for Relief Measures by Banks in Areas Affected by Natural Calamities
RBI/2014-15/512 FIDD.No.FSD.BC.52/05.10.001/2014-15 March 25, 2015 The Chairman/Managing Director/Chief Executive Officer All scheduled commercial banks (excluding Regional Rural Banks) Madam / Dear Sir, GUIDELINES FOR RELIEF MEASURES BY BANKS IN AREAS AFFECTED BY NATURAL CALAMITIES Please refer to our ‘Master Circular RPCD.No.FSD.BC.07/05.04.02/2014-15 dated July 1, 2014’ on the above subject. The guidelines contained in the above circular have been revisited taking
RBI/2014-15/512 FIDD.No.FSD.BC.52/05.10.001/2014-15 March 25, 2015 The Chairman/Managing Director/Chief Executive Officer All scheduled commercial banks (excluding Regional Rural Banks) Madam / Dear Sir, GUIDELINES FOR RELIEF MEASURES BY BANKS IN AREAS AFFECTED BY NATURAL CALAMITIES Please refer to our ‘Master Circular RPCD.No.FSD.BC.07/05.04.02/2014-15 dated July 1, 2014’ on the above subject. The guidelines contained in the above circular have been revisited taking
Mar 13, 2015
Priority Sector Lending - Persons with Disabilities (PwD) - Inclusion under Weaker Sections
RBI/2014-15/499 FIDD.CO.Plan.BC.51/04.09.01/2014-15 March 13, 2015 The Chairman / Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] Dear Sir/Madam, Priority Sector Lending - Persons with Disabilities (PwD) – Inclusion under Weaker Sections Please refer to Paragraph IV of our Master Circular RPCD.CO.Plan.BC 10/04.09.01/2014-15 dated July 1, 2014 on Priority Sector Lending-Targets and Classification. 2. It has
RBI/2014-15/499 FIDD.CO.Plan.BC.51/04.09.01/2014-15 March 13, 2015 The Chairman / Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] Dear Sir/Madam, Priority Sector Lending - Persons with Disabilities (PwD) – Inclusion under Weaker Sections Please refer to Paragraph IV of our Master Circular RPCD.CO.Plan.BC 10/04.09.01/2014-15 dated July 1, 2014 on Priority Sector Lending-Targets and Classification. 2. It has
Feb 25, 2015
Priority Sector Lending- Targets and Classification -Overdraft in PMJDY accounts
RBI/2014-15/477FIDD.CO.Plan.BC 50 /04.09.01/2014-15 February 25, 2015 The Chairman/ Managing Director/ Chief Executive Officer[All scheduled commercial banks(excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending- Targets and Classification –Overdraft in PMJDY accounts Please refer to our Master Circular RPCD.CO.Plan.BC 10/04.09.01/2014-15 dated July 01, 2014 on Priority Sector Lending- Targets and Classification. 2. It has been decided that overdrafts ext
RBI/2014-15/477FIDD.CO.Plan.BC 50 /04.09.01/2014-15 February 25, 2015 The Chairman/ Managing Director/ Chief Executive Officer[All scheduled commercial banks(excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending- Targets and Classification –Overdraft in PMJDY accounts Please refer to our Master Circular RPCD.CO.Plan.BC 10/04.09.01/2014-15 dated July 01, 2014 on Priority Sector Lending- Targets and Classification. 2. It has been decided that overdrafts ext
Jan 28, 2015
Dispensing with ‘No Due Certificate’ for lending by banks
RBI/2014-15/430 FIDD.CO.LBS.BC.No.49/02.01.001/2014-15 January 28, 2015 The Chairmen & Managing Directors All Scheduled Commercial Banks (including RRBs) Dear Sir/Madam, Dispensing with ‘No Due Certificate’ for lending by banks Please refer to our circular RPCD.LBS (SAA).BC.No.62/08.01.00/2004-05 dated December 8, 2004 on Relaxation in Service Area norms. Further, in terms of circular RPCD.PLFS.BC.No.85/05.04.02/2006-07 dated April 30, 2007 on ‘Simplification of t
RBI/2014-15/430 FIDD.CO.LBS.BC.No.49/02.01.001/2014-15 January 28, 2015 The Chairmen & Managing Directors All Scheduled Commercial Banks (including RRBs) Dear Sir/Madam, Dispensing with ‘No Due Certificate’ for lending by banks Please refer to our circular RPCD.LBS (SAA).BC.No.62/08.01.00/2004-05 dated December 8, 2004 on Relaxation in Service Area norms. Further, in terms of circular RPCD.PLFS.BC.No.85/05.04.02/2006-07 dated April 30, 2007 on ‘Simplification of t
Jan 21, 2015
Union Budget - 2014-15 Interest Subvention Scheme
RBI/2014-15/417 FIDD.No.FSD.BC.48/05.04.02/2014-15 January 21, 2015 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget - 2014-15 Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement made by the Finance Minister relating to the Interest Subvention Scheme 2014-15, Interest subvention of 2 % p.a. will be made available to Public Sector Banks (
RBI/2014-15/417 FIDD.No.FSD.BC.48/05.04.02/2014-15 January 21, 2015 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget - 2014-15 Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement made by the Finance Minister relating to the Interest Subvention Scheme 2014-15, Interest subvention of 2 % p.a. will be made available to Public Sector Banks (
Jan 02, 2015
Roadmap-Provision of Banking Services in Villages with Population below 2000
RBI/2014-15/382 FIDD.CO.LBS.BC.No. 47/02.01.001/2014-15 January 2, 2015 CMDs of all SLBC Convenor Banks and Lead Banks Dear Sir/Madam, Roadmap-Provision of Banking Services in Villages with Population below 2000 You are aware that the Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched by the Hon’ble Prime Minister on 28th August, 2014 and Phase I of PMJDY is being implemented through banks in a time bound manner for completion by August 14, 2015. 2. In this connectio
RBI/2014-15/382 FIDD.CO.LBS.BC.No. 47/02.01.001/2014-15 January 2, 2015 CMDs of all SLBC Convenor Banks and Lead Banks Dear Sir/Madam, Roadmap-Provision of Banking Services in Villages with Population below 2000 You are aware that the Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched by the Hon’ble Prime Minister on 28th August, 2014 and Phase I of PMJDY is being implemented through banks in a time bound manner for completion by August 14, 2015. 2. In this connectio
Dec 10, 2014
RIDF and other funds
RBI/2014-15/345 FIDD.CO.Plan.BC.46/04.09.59/2014-15 December 10, 2014 The Chairman/Managing Director/ Chief Executive Officer (All Scheduled Commercial Banks excluding RRBs) Dear Sir/Madam, RIDF and other funds Please refer to our Circular RPCD.CO.Plan.BC.66/04.09.54/2011-12 dated March 16, 2012 on the above subject. In this connection, it has been decided to restructure the classification of shortfall and interest payable to banks falling in these categories on depos
RBI/2014-15/345 FIDD.CO.Plan.BC.46/04.09.59/2014-15 December 10, 2014 The Chairman/Managing Director/ Chief Executive Officer (All Scheduled Commercial Banks excluding RRBs) Dear Sir/Madam, RIDF and other funds Please refer to our Circular RPCD.CO.Plan.BC.66/04.09.54/2011-12 dated March 16, 2012 on the above subject. In this connection, it has been decided to restructure the classification of shortfall and interest payable to banks falling in these categories on depos
Dec 09, 2014
National Rural livelihoods Mission (NRLM) - Aajeevika - Interest Subvention Scheme
RBI/2014-15/342 FIDD.GSSD.CO.BC.No.45/09.01.03/ 2014-15 December 09, 2014 The Chairman / Managing Director All Public and Private Sector Banks Dear Sir / Madam, National Rural livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme Please refer to our circular RPCD.GSSD.CO.BC.No.57/09.01.03/2013-14 dated November 19, 2013 on Interest Subvention Scheme under National Rural Livelihoods Mission (NRLM). 2. The revised guidelines for the year 2014-15 on Interes
RBI/2014-15/342 FIDD.GSSD.CO.BC.No.45/09.01.03/ 2014-15 December 09, 2014 The Chairman / Managing Director All Public and Private Sector Banks Dear Sir / Madam, National Rural livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme Please refer to our circular RPCD.GSSD.CO.BC.No.57/09.01.03/2013-14 dated November 19, 2013 on Interest Subvention Scheme under National Rural Livelihoods Mission (NRLM). 2. The revised guidelines for the year 2014-15 on Interes
Dec 03, 2014
Credit facilities to Minority Communities - Inclusion of jain Community Under Section 2(c) of the National Commission of Minorities (NCM) Act,1992
RBI/2014-15/334 FIDD.GSSD.BC NO.44/09.10.001/2014-15 December 03, 2014 The Chairman /Managing Director All Scheduled Commercial Banks Dear Sir/Madam Credit facilities to Minority Communities - Inclusion of jain Community Under Section 2(c) of the National Commission of Minorities (NCM) Act,1992 Please refer to paragraph 2 of our Master Circular RPCD.GSSD.BC.No.2/09.10.01/2013-14 dated July 01, 2013 on “Credit Facilities to Minority Communities”. 2. Ministry of Minorit
RBI/2014-15/334 FIDD.GSSD.BC NO.44/09.10.001/2014-15 December 03, 2014 The Chairman /Managing Director All Scheduled Commercial Banks Dear Sir/Madam Credit facilities to Minority Communities - Inclusion of jain Community Under Section 2(c) of the National Commission of Minorities (NCM) Act,1992 Please refer to paragraph 2 of our Master Circular RPCD.GSSD.BC.No.2/09.10.01/2013-14 dated July 01, 2013 on “Credit Facilities to Minority Communities”. 2. Ministry of Minorit
Nov 13, 2014
Budget (2014-15) Announcement Financing of Joint Farming groups of ‘Bhoomi Heen Kisan’
RBI/2014-15/304FIDD.CO.FSD.BC 42/05.02.02/2014-15 November 13, 2014 The Chairman and Managing DirectorAll Scheduled Commercial Banks Dear Sir Budget (2014-15) Announcement Financing of Joint Farming groups of ‘Bhoomi Heen Kisan’ As per Para 80 of the Union Budget, it has been declared that 5 lakh Joint Liability Groups of ‘Bhoomi Heen Kisan’ will be financed through NABARD in the current financial year. The detailed guidelines, based on the inputs received from NABARD
RBI/2014-15/304FIDD.CO.FSD.BC 42/05.02.02/2014-15 November 13, 2014 The Chairman and Managing DirectorAll Scheduled Commercial Banks Dear Sir Budget (2014-15) Announcement Financing of Joint Farming groups of ‘Bhoomi Heen Kisan’ As per Para 80 of the Union Budget, it has been declared that 5 lakh Joint Liability Groups of ‘Bhoomi Heen Kisan’ will be financed through NABARD in the current financial year. The detailed guidelines, based on the inputs received from NABARD
Nov 05, 2014
Formation of new district in the State of Maharashtra - Assignment of Lead Bank Responsibility
RBI/2014-15/298 FIDD.CO.LBS.BC.No.41/02.08.001/2014-15 November 5, 2014 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of new district in the State of Maharashtra - Assignment of Lead Bank Responsibility The Government of Maharashtra vide Gazette Notification No.Pra.Phe.B. 1108/C.R.167/Thane/M-10 dated June 17, 2014 had notified the formation of a new district viz. Palghar in the State of Maharashtra. It has been decided to assign the l
RBI/2014-15/298 FIDD.CO.LBS.BC.No.41/02.08.001/2014-15 November 5, 2014 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of new district in the State of Maharashtra - Assignment of Lead Bank Responsibility The Government of Maharashtra vide Gazette Notification No.Pra.Phe.B. 1108/C.R.167/Thane/M-10 dated June 17, 2014 had notified the formation of a new district viz. Palghar in the State of Maharashtra. It has been decided to assign the l
Nov 05, 2014
Formation of new district in the State of West Bengal - Assignment of Lead Bank Responsibility
RBI/2014-15/297 FIDD.CO.LBS.BC.No.40/02.08.001/2014-15 November 5, 2014 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of new district in the State of West Bengal - Assignment of Lead Bank Responsibility The Government of West Bengal vide Gazette Notification No.634-PAR(AR)/O/2R-4/12 dated June 20, 2014 had notified the formation of a new district viz. Alipurduar in the State of West Bengal. It has been decided to assign the lead bank r
RBI/2014-15/297 FIDD.CO.LBS.BC.No.40/02.08.001/2014-15 November 5, 2014 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of new district in the State of West Bengal - Assignment of Lead Bank Responsibility The Government of West Bengal vide Gazette Notification No.634-PAR(AR)/O/2R-4/12 dated June 20, 2014 had notified the formation of a new district viz. Alipurduar in the State of West Bengal. It has been decided to assign the lead bank r
Oct 31, 2014
RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List
RBI/2014-15/290 RPCD.RRB.RCB.AML.No.4425/07.51.019/2014-15 October @@NBSP@@31, 2014 Regional Rural Banks (RRBs) / State and Central Co-operative Banks (StCBs/CCBs) Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.6571/07.51.019/2013-14 dated December 11, 2013 on the captioned subject releasing 24th to 30th updates of 2013 re
RBI/2014-15/290 RPCD.RRB.RCB.AML.No.4425/07.51.019/2014-15 October @@NBSP@@31, 2014 Regional Rural Banks (RRBs) / State and Central Co-operative Banks (StCBs/CCBs) Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.6571/07.51.019/2013-14 dated December 11, 2013 on the captioned subject releasing 24th to 30th updates of 2013 re
Oct 31, 2014
RRBs/StCBs/CCBs - KYC - Clarification on Proof of Address
RBI/2014-15/288 RPCD.RRB.RCB.AML.No.4424/07.51.018/2014-15 October 31, 2014 Regional Rural Banks (RRBs) / State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, KYC – Clarification on Proof of Address Please refer to our circular RPCD.RRB.RCB.AML.BC.No.111/07.51.018/2013-14 dated June 12, 2014 on the captioned subject. In this regard we also draw your attention to our circular RPCD.RRB.RCB.AML.No.2797/07.51.018/2014-15 dated September 9, 2014, forwarding cop
RBI/2014-15/288 RPCD.RRB.RCB.AML.No.4424/07.51.018/2014-15 October 31, 2014 Regional Rural Banks (RRBs) / State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, KYC – Clarification on Proof of Address Please refer to our circular RPCD.RRB.RCB.AML.BC.No.111/07.51.018/2013-14 dated June 12, 2014 on the captioned subject. In this regard we also draw your attention to our circular RPCD.RRB.RCB.AML.No.2797/07.51.018/2014-15 dated September 9, 2014, forwarding cop
Oct 31, 2014
RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List
RBI/2014-15/291 RPCD.CO.RRB.RCB.AML.No.2246 /07.51.019/2014-15 October 31, 2014 Regional Rural Banks (RRBs) / State and Central Co-operative Banks (StCBs/CCBs) Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.1209/07.51.019/2013-14 dated July 30, 2013 on the captioned subject, releasing 7th update of 2013 and RPCD.CO.RRB.RCB.AML.No.2229/07.51.019/
RBI/2014-15/291 RPCD.CO.RRB.RCB.AML.No.2246 /07.51.019/2014-15 October 31, 2014 Regional Rural Banks (RRBs) / State and Central Co-operative Banks (StCBs/CCBs) Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.1209/07.51.019/2013-14 dated July 30, 2013 on the captioned subject, releasing 7th update of 2013 and RPCD.CO.RRB.RCB.AML.No.2229/07.51.019/
Oct 31, 2014
RRBs/StCBs/CCBs - Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) guidelines - clarifications on periodic updation of low risk customers, non-requirement of repeated KYC for the same customer to open new accounts and partial freezing of KYC non-compliant accounts
RBI/2014-15/287 RPCD.RRB.RCB.AML.BC.No.39/07.51.018/2014-15 @@NBSP@@October 31, 2014 Regional Rural Banks (RRBs) / State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) guidelines – clarifications on periodic updation of low risk customers, non-requirement of repeated KYC for the same customer to open new accounts and partial freezing of KYC non-
RBI/2014-15/287 RPCD.RRB.RCB.AML.BC.No.39/07.51.018/2014-15 @@NBSP@@October 31, 2014 Regional Rural Banks (RRBs) / State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) guidelines – clarifications on periodic updation of low risk customers, non-requirement of repeated KYC for the same customer to open new accounts and partial freezing of KYC non-
Oct 29, 2014
StCBs/CCBs - Risk weights for calculation of CRAR
RBI/2014-2015/278 RPCD.RCB.BC.No.37/07.51.012/2014-15 October 29, 2014 All State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Risk Weights for calculation of CRAR Please refer to our circular RPCD.CO.RF.BC.40/07.38.03/2007-08 dated December 4, 2007 advising StCBs/CCBs to compute CRAR and disclose it as ‘Notes on Accounts’. Risk weights to be allotted to various items of assets were enclosed as annex I to the above mentioned circular. 2. In the light of t
RBI/2014-2015/278 RPCD.RCB.BC.No.37/07.51.012/2014-15 October 29, 2014 All State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Risk Weights for calculation of CRAR Please refer to our circular RPCD.CO.RF.BC.40/07.38.03/2007-08 dated December 4, 2007 advising StCBs/CCBs to compute CRAR and disclose it as ‘Notes on Accounts’. Risk weights to be allotted to various items of assets were enclosed as annex I to the above mentioned circular. 2. In the light of t
Oct 29, 2014
RRBs - Financial Inclusion by Extension of Banking Services - Use of Business Correspondents
RBI/2014-15/281 RPCD.CO.RRB.BC.No. 38 /03.05.33/2014-15 October 29, 2014 All Regional Rural Banks Dear Sir/Madam, Financial Inclusion by Extension of Banking Services – Use of Business Correspondents Please refer to paragraph 26 of the First Bi-monthly Monetary Policy Statement, 2014-15 announced on April 1, 2014 which stated that “On financial inclusion, the fourth pillar, the recommendations of the Mor Committee on accelerating the flow of credit to those at the bot
RBI/2014-15/281 RPCD.CO.RRB.BC.No. 38 /03.05.33/2014-15 October 29, 2014 All Regional Rural Banks Dear Sir/Madam, Financial Inclusion by Extension of Banking Services – Use of Business Correspondents Please refer to paragraph 26 of the First Bi-monthly Monetary Policy Statement, 2014-15 announced on April 1, 2014 which stated that “On financial inclusion, the fourth pillar, the recommendations of the Mor Committee on accelerating the flow of credit to those at the bot
Oct 22, 2014
Customer Service in State/District Central Co-operative Banks (StCBs/DCCBs)
RBI/2014-15/272 RPCD.CO.RCB.BC.No.36/07.51.010/2014-15 October 22, 2014 The Chairmen All State and District Central Co-operative Banks (StCBs and DCCBs) Dear Sir, Customer Service in State/District Central Co-operative Banks (StCBs/DCCBs) Customer service has great significance in the banking industry. The banking system in India today has tremendous outreach for delivery of financial services. It is expected that the quality of customer service will show commensurate
RBI/2014-15/272 RPCD.CO.RCB.BC.No.36/07.51.010/2014-15 October 22, 2014 The Chairmen All State and District Central Co-operative Banks (StCBs and DCCBs) Dear Sir, Customer Service in State/District Central Co-operative Banks (StCBs/DCCBs) Customer service has great significance in the banking industry. The banking system in India today has tremendous outreach for delivery of financial services. It is expected that the quality of customer service will show commensurate
Oct 21, 2014
RRBs - Risk Weights for Calculation of CRAR
RBI/2014-15/270 RPCD.CO.RRB.BC.No.35/03.05.33/2014-15 October 21, 2014 All Regional Rural Banks Dear Sir, Risk Weights for Calculation of CRAR Please refer to our circular RPCD.CO.RRB.No.BC.44/05.03.095/2007-08 dated December 28, 2007 advising RRBs to compute CRAR and disclose it as ‘Notes on Accounts’ to their Balance Sheets. Risk weights to be allotted to various items of assets were enclosed as Annex I to the above mentioned circular. 2. In the light of the circula
RBI/2014-15/270 RPCD.CO.RRB.BC.No.35/03.05.33/2014-15 October 21, 2014 All Regional Rural Banks Dear Sir, Risk Weights for Calculation of CRAR Please refer to our circular RPCD.CO.RRB.No.BC.44/05.03.095/2007-08 dated December 28, 2007 advising RRBs to compute CRAR and disclose it as ‘Notes on Accounts’ to their Balance Sheets. Risk weights to be allotted to various items of assets were enclosed as Annex I to the above mentioned circular. 2. In the light of the circula
Oct 20, 2014
RRBs - Fourth Bi-monthly Monetary Policy Statement, 2014-15 - SLR Holdings under Held to Maturity Category
RBI/2014-15/268 RPCD.CO.RRB.BC.No. 34 /03.05.33/2014-15 October 20, 2014 All Regional Rural Banks Dear Sir, Fourth Bi-monthly Monetary Policy Statement, 2014-15 – SLR Holdings under Held to Maturity Category Please refer to paragraph 25 of the Fourth Bi-monthly Monetary Policy Statement, 2014-15 extract enclosed announced on September 30, 2014. 2. In terms of our circular RPCD.CO.RRB.BC.No.25/03.05.33/2014-15 dated August 7, 2014 on ‘Monetary Policy Statement 2014-15
RBI/2014-15/268 RPCD.CO.RRB.BC.No. 34 /03.05.33/2014-15 October 20, 2014 All Regional Rural Banks Dear Sir, Fourth Bi-monthly Monetary Policy Statement, 2014-15 – SLR Holdings under Held to Maturity Category Please refer to paragraph 25 of the Fourth Bi-monthly Monetary Policy Statement, 2014-15 extract enclosed announced on September 30, 2014. 2. In terms of our circular RPCD.CO.RRB.BC.No.25/03.05.33/2014-15 dated August 7, 2014 on ‘Monetary Policy Statement 2014-15
Oct 07, 2014
RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List
RBI/2014-15/253 RPCD.RRB.RCB.AML.No. 3571/07.51.019/2014-15 October 7, 2014 Regional Rural Banks (RRBs) and State /Central Co-operative Banks (StCBs/CCBs) Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.2790/07.51.019/2014-15 dated September 9, 2014 on the captioned subject. We have since received from Government of India, Ministry of External Af
RBI/2014-15/253 RPCD.RRB.RCB.AML.No. 3571/07.51.019/2014-15 October 7, 2014 Regional Rural Banks (RRBs) and State /Central Co-operative Banks (StCBs/CCBs) Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.2790/07.51.019/2014-15 dated September 9, 2014 on the captioned subject. We have since received from Government of India, Ministry of External Af
Sep 30, 2014
StCBs/CCBs - Instruments for Augmentation of Capital Funds - Modification
RBI/2014-15/248 RPCD.RCB.BC.No.33/07.51.012/2014-15 September 30, 2014 All State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Instruments for Augmentation of Capital Funds - Modification Please refer to our circular RPCD.RCB.BC.73/07.51.012/2013-14 dated January 7, 2014. 2. It has been decided to modify para 1 of the Annex-I to the said circular as under: "StCBs/CCBs may issue Long Term (Subordinated) Deposits (LTDs) subject to compliance with their bye-
RBI/2014-15/248 RPCD.RCB.BC.No.33/07.51.012/2014-15 September 30, 2014 All State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Instruments for Augmentation of Capital Funds - Modification Please refer to our circular RPCD.RCB.BC.73/07.51.012/2013-14 dated January 7, 2014. 2. It has been decided to modify para 1 of the Annex-I to the said circular as under: "StCBs/CCBs may issue Long Term (Subordinated) Deposits (LTDs) subject to compliance with their bye-
Sep 30, 2014
RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List
RBI/2014-15/247 RPCD.RRB.RCB.AML.No.3509 /07.51.019/2014-15 September 30, 2014 Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.3147/07.51.019/2014-15 dated September 17, 2014 on the captioned subject releasing 16th update dated September 9, 2014 regarding UNSCR 126
RBI/2014-15/247 RPCD.RRB.RCB.AML.No.3509 /07.51.019/2014-15 September 30, 2014 Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.3147/07.51.019/2014-15 dated September 17, 2014 on the captioned subject releasing 16th update dated September 9, 2014 regarding UNSCR 126
Sep 17, 2014
RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List
RBI/2014-15/ 236 RPCD.RRB.RCB.AML.No.3147/07.51.019/2014-15 September 17, 2014 Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.2789/07.51.019/2014-15 dated September 9, 2014 on the captioned subject releasing 16th update dated August 26, 2014 regarding UNSCR 1267(1
RBI/2014-15/ 236 RPCD.RRB.RCB.AML.No.3147/07.51.019/2014-15 September 17, 2014 Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.2789/07.51.019/2014-15 dated September 9, 2014 on the captioned subject releasing 16th update dated August 26, 2014 regarding UNSCR 1267(1
Sep 10, 2014
RRBs/StCBs/CCBs - Treatment of accounts opened for credit of Scholarship - Amount under Government Schemes
RBI/2014-15/226 RPCD.RRB.RCB.BC.No.32/03.05.33/2014-15 September 10, 2014 All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Treatment of accounts opened for credit of Scholarship Amounts under Government Schemes Please refer to our circulars RPCD.CO.RRB.BC.No.41/03.05.33/2013-14 dated October 4, 2013 and RPCD.RCB.BC.No.42/07.51.014/2013-14 dated October 7, 2013 advising Regional Rural Banks and State / Central Cooperative Banks to allot a
RBI/2014-15/226 RPCD.RRB.RCB.BC.No.32/03.05.33/2014-15 September 10, 2014 All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Treatment of accounts opened for credit of Scholarship Amounts under Government Schemes Please refer to our circulars RPCD.CO.RRB.BC.No.41/03.05.33/2013-14 dated October 4, 2013 and RPCD.RCB.BC.No.42/07.51.014/2013-14 dated October 7, 2013 advising Regional Rural Banks and State / Central Cooperative Banks to allot a
Sep 09, 2014
RRBs/StCBs/CCBs - KYC Norms / AML Standards / CFT / Obligation of banks under PMLA, 2002 - Client Due Diligence measures
RBI/2014-15/223 RPCD.RRB.RCB.AML.BC.No.31/07.51.018/2014-15 September 9, 2014 Regional Rural Banks (RRBs) / State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Client Due Diligence measures Please refer to paragraph 2 of our Master Circular RPCD.RRB.RCB.AML.BC.No.02
RBI/2014-15/223 RPCD.RRB.RCB.AML.BC.No.31/07.51.018/2014-15 September 9, 2014 Regional Rural Banks (RRBs) / State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Client Due Diligence measures Please refer to paragraph 2 of our Master Circular RPCD.RRB.RCB.AML.BC.No.02
Sep 09, 2014
RRBs/StCBs/CCBs - Simplification of KYC Norms- Creating Public Awareness
RBI/2014-15/220 RPCD.RRB.RCB.AML.No.2797/07.51.018/2014-15 September 9, 2014 Regional Rural Banks (RRBs) / State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Simplification of KYC Norms - Creating Public Awareness The Reserve Bank of India, in the recent times, has been taking several measures to simplify KYC requirements to help the common man open bank accounts. It is, however, observed that despite such measures the general public is still facing prob
RBI/2014-15/220 RPCD.RRB.RCB.AML.No.2797/07.51.018/2014-15 September 9, 2014 Regional Rural Banks (RRBs) / State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Simplification of KYC Norms - Creating Public Awareness The Reserve Bank of India, in the recent times, has been taking several measures to simplify KYC requirements to help the common man open bank accounts. It is, however, observed that despite such measures the general public is still facing prob
Sep 09, 2014
RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List
RBI/2014-15/219 RPCD.CO.RRB.RCB.AML.No.2790/07.51.019/2014-15 September 9, 2014 Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.2229/07.51.019/2014-15 dated August 26, 2014 on the captioned subject. We have since received from Government of India, Ministry of External Affairs, UNP Divisi
RBI/2014-15/219 RPCD.CO.RRB.RCB.AML.No.2790/07.51.019/2014-15 September 9, 2014 Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.2229/07.51.019/2014-15 dated August 26, 2014 on the captioned subject. We have since received from Government of India, Ministry of External Affairs, UNP Divisi
Sep 09, 2014
RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List
RBI/2014-15/218 RPCD.RRB.RCB.AML.No.2789/07.51.019/2014-15 September 09, 2014 Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.2230/07.51.019/2014-15 dated August 26, 2014 on the captioned subject releasing 15th update regarding UNSCR 1267(1999) / 1989(2011) Committ
RBI/2014-15/218 RPCD.RRB.RCB.AML.No.2789/07.51.019/2014-15 September 09, 2014 Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.2230/07.51.019/2014-15 dated August 26, 2014 on the captioned subject releasing 15th update regarding UNSCR 1267(1999) / 1989(2011) Committ
Sep 09, 2014
StCBs/DCCBs - Need for Bank Branches / ATMs to be made accessible to persons with disabilities
RBI/2014-15/224 RPCD.CO.RCB.BC.28/07.51.010/2014-15 September 09, 2014 All State Co-operative Banks and Central Co-operative Banks Dear Sir/Madam, Need for Bank Branches / ATMs to be made accessible to persons with disabilities We have been receiving several suggestions from members of public through Government of India and otherwise, on facilitating easy access to bank branches and ATMs by persons with disabilities for undertaking day to day banking transactions. We
RBI/2014-15/224 RPCD.CO.RCB.BC.28/07.51.010/2014-15 September 09, 2014 All State Co-operative Banks and Central Co-operative Banks Dear Sir/Madam, Need for Bank Branches / ATMs to be made accessible to persons with disabilities We have been receiving several suggestions from members of public through Government of India and otherwise, on facilitating easy access to bank branches and ATMs by persons with disabilities for undertaking day to day banking transactions. We
Sep 09, 2014
StCBs/DCCBs - Opening of Bank Accounts in the Names of Minors
RBI/2014-15/225 RPCD.CO.RCB.BC.No.29/07.51.010/2014-15 September 09, 2014 All State Co-operative Banks and Central Co-operative Bank Dear Sir/Madam, Opening of Bank Accounts in the Names of Minors Please refer to our circular RPCD.No.RF.DIR.BC.32/D.1-85 dated January 8, 1985 wherein State / Central Co-operative Banks (StCBs / DCCBs) were advised to allow minors’ accounts (fixed and savings deposit accounts) with mothers as guardians to be opened subject to safeguards
RBI/2014-15/225 RPCD.CO.RCB.BC.No.29/07.51.010/2014-15 September 09, 2014 All State Co-operative Banks and Central Co-operative Bank Dear Sir/Madam, Opening of Bank Accounts in the Names of Minors Please refer to our circular RPCD.No.RF.DIR.BC.32/D.1-85 dated January 8, 1985 wherein State / Central Co-operative Banks (StCBs / DCCBs) were advised to allow minors’ accounts (fixed and savings deposit accounts) with mothers as guardians to be opened subject to safeguards
Sep 09, 2014
RRBs/SCBs/CCBs - Inoperative Accounts
RBI /2014-15/222 RPCD.CO.RRB.RCB.BC.No.30/03.05.33/2014-15 September 09, 2014 All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Inoperative Accounts Please refer to paragraph 1(iv) of our circulars RPCD.CO.RF.BC.No.89/07.38.01/2008-09 dated February 18, 2009 and RPCD.CO.RRB.BC.No.108/03.05.33/2008-09 dated May 22, 2009 on Unclaimed Deposits/Inoperative Accounts in State / Central Cooperative Banks and Regional Rural Banks respectively in
RBI /2014-15/222 RPCD.CO.RRB.RCB.BC.No.30/03.05.33/2014-15 September 09, 2014 All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Inoperative Accounts Please refer to paragraph 1(iv) of our circulars RPCD.CO.RF.BC.No.89/07.38.01/2008-09 dated February 18, 2009 and RPCD.CO.RRB.BC.No.108/03.05.33/2008-09 dated May 22, 2009 on Unclaimed Deposits/Inoperative Accounts in State / Central Cooperative Banks and Regional Rural Banks respectively in
Sep 04, 2014
RRB/StCB/CCB - Grant of 'Certificate of Registration' - CRIF High Mark Credit Information Services Private Limited
RBI/2014-15/211 RPCD.CO.RRB.RCB.BC.No. 27/03.05.33/2014-15 September 4, 2014 Regional Rural Banks / State and Central Co-operative Banks Dear Sir / Madam, Grant of ‘Certificate of Registration’ – CRIF High Mark Credit Information Services Private Limited Please refer to our circulars RPCD.CO.RRB.BC.No.36/03.05.33/2010-11 dated December 8, 2010 and RPCD.CO.RCB.BC.No.33/07.40.06/2010-11 dated December 7, 2010 regarding grant of ‘Certificate of Registration’ to High Mark
RBI/2014-15/211 RPCD.CO.RRB.RCB.BC.No. 27/03.05.33/2014-15 September 4, 2014 Regional Rural Banks / State and Central Co-operative Banks Dear Sir / Madam, Grant of ‘Certificate of Registration’ – CRIF High Mark Credit Information Services Private Limited Please refer to our circulars RPCD.CO.RRB.BC.No.36/03.05.33/2010-11 dated December 8, 2010 and RPCD.CO.RCB.BC.No.33/07.40.06/2010-11 dated December 7, 2010 regarding grant of ‘Certificate of Registration’ to High Mark
Aug 26, 2014
RRBs/StCBs/CCBs - Updates of the UNSCR 1267(1999)/ 1989(2011) Committee's Al-Qaida Sanctions List
RBI/2014-15/193 RPCD.RRB.RCB.AML.No. 2230/07.51.019/2014-15 August 26, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.6571/07.51.019/2013-14 dated December 11, 2013 on the captioned subject releasing 24th to 30th updates of 2013 reg
RBI/2014-15/193 RPCD.RRB.RCB.AML.No. 2230/07.51.019/2014-15 August 26, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.6571/07.51.019/2013-14 dated December 11, 2013 on the captioned subject releasing 24th to 30th updates of 2013 reg
Aug 26, 2014
RRBs/StCBs/CCBs - Updates of the UNSCR 1988(2011) Taliban Sanctions List
RBI/2014-15/192 RPCD.CO.RRB.RCB.AML.No.2229/07.51.019/2014-15 August 26, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our RPCD.CO.RRB.RCB.AML.No.1209/07.51.019/2013-14 dated July 30, 2013 on the captioned subject. We have since received from Government of India, Ministry of External Affai
RBI/2014-15/192 RPCD.CO.RRB.RCB.AML.No.2229/07.51.019/2014-15 August 26, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our RPCD.CO.RRB.RCB.AML.No.1209/07.51.019/2013-14 dated July 30, 2013 on the captioned subject. We have since received from Government of India, Ministry of External Affai
Aug 14, 2014
Restructuring of Swarna Jayanti Shahari Rozgar Yojana (SJSRY) as National Urban Livelihoods Mission
RBI/2014-15/177 RPCD.CO.GSSD.BC.No. 26/09.16.03/2014-15 August 14 , 2014 The Chairman / Managing Director All Scheduled Commercial Banks (Including RRBs) and SLBC Convenor Banks Dear Sir, Restructuring of Swarna Jayanti Shahari Rozgar Yojana (SJSRY) as National Urban Livelihoods Mission Please refer to our Master Circular RPCD. CO. GSSD. BC. No 01/09.16.01/2013-14 dated July 01, 2013 on the Swarna Jayanti Shahari Rozgar Yojana. 2. The Government of India, Ministry of
RBI/2014-15/177 RPCD.CO.GSSD.BC.No. 26/09.16.03/2014-15 August 14 , 2014 The Chairman / Managing Director All Scheduled Commercial Banks (Including RRBs) and SLBC Convenor Banks Dear Sir, Restructuring of Swarna Jayanti Shahari Rozgar Yojana (SJSRY) as National Urban Livelihoods Mission Please refer to our Master Circular RPCD. CO. GSSD. BC. No 01/09.16.01/2013-14 dated July 01, 2013 on the Swarna Jayanti Shahari Rozgar Yojana. 2. The Government of India, Ministry of
Aug 07, 2014
RRBs - Monetary Policy Statement 2014-15 - SLR Holdings under Held to Maturity Category
RBI/2014-15/168 RPCD.CO.RRB. BC.No.25/03.05.33/2014-15 August 7, 2014 All Regional Rural Banks Dear Sir, Monetary Policy Statement 2014-15 – SLR Holdings under Held to Maturity Category Please refer to paragraph 11 of the Third Bi-Monthly Monetary Policy Statement, 2014-15 (extract enclosed) announced on August 5, 2014 relating to banks’ total holdings of SLR securities in the held to maturity (HTM) category. 2. In terms of para 1.2 of our circular RPCD.CO.RRB.BC.No.
RBI/2014-15/168 RPCD.CO.RRB. BC.No.25/03.05.33/2014-15 August 7, 2014 All Regional Rural Banks Dear Sir, Monetary Policy Statement 2014-15 – SLR Holdings under Held to Maturity Category Please refer to paragraph 11 of the Third Bi-Monthly Monetary Policy Statement, 2014-15 (extract enclosed) announced on August 5, 2014 relating to banks’ total holdings of SLR securities in the held to maturity (HTM) category. 2. In terms of para 1.2 of our circular RPCD.CO.RRB.BC.No.
Aug 06, 2014
StCBs/CCBs - Section 24 of the Banking Regulation Act, 1949 (AACS) - Maintenance of Statutory Liquidity Ratio (SLR)
RBI/2014-15/166 RPCD.RCB.BC.No.22/07.51.020/2014-15 August 06, 2014 All State and Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Section 24 of the Banking Regulation Act, 1949 (AACS) – Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.RCB.BC.No.110/07.51.020/2013-14 dated June 5, 2014 on the captioned subject. 2.As announced in the Third Bi-monthly Monetary Policy statement 2014-15 by Reserve Bank of India on August 5, 2014, it
RBI/2014-15/166 RPCD.RCB.BC.No.22/07.51.020/2014-15 August 06, 2014 All State and Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Section 24 of the Banking Regulation Act, 1949 (AACS) – Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.RCB.BC.No.110/07.51.020/2013-14 dated June 5, 2014 on the captioned subject. 2.As announced in the Third Bi-monthly Monetary Policy statement 2014-15 by Reserve Bank of India on August 5, 2014, it
Aug 06, 2014
RRBs - Section 24 of Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio
RBI/2014-15/165 RPCD.RRB.BC.No.24/03.05.33/2014-15 August 6, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.CO.RRB.BC.No.106/03.05.33/2013-14 dated June 4, 2014 on the captioned subject. 2. As announced in the Third Bi-monthly Monetary Policy Statement 2014-15 by Reserve Bank of India on August 5, 2014, it has been decided to re
RBI/2014-15/165 RPCD.RRB.BC.No.24/03.05.33/2014-15 August 6, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.CO.RRB.BC.No.106/03.05.33/2013-14 dated June 4, 2014 on the captioned subject. 2. As announced in the Third Bi-monthly Monetary Policy Statement 2014-15 by Reserve Bank of India on August 5, 2014, it has been decided to re
Jul 28, 2014
RRBs/StCBs/CCBs - Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards
RBI/2014-15/148 RPCD.RRB.RCB.AML.No.1288/07.51.018/2014-15 July 28, 2014 The Chairmen / Chief Executive Officers All Regional Rural Banks (RRBs) State / Central Coop. Banks (StCBs/CCBs) Madam/ Dear Sir, Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.RRB.RCB.AML.No.10292/07.51.018/2013-14 dated March 13, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financi
RBI/2014-15/148 RPCD.RRB.RCB.AML.No.1288/07.51.018/2014-15 July 28, 2014 The Chairmen / Chief Executive Officers All Regional Rural Banks (RRBs) State / Central Coop. Banks (StCBs/CCBs) Madam/ Dear Sir, Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.RRB.RCB.AML.No.10292/07.51.018/2013-14 dated March 13, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financi
Jul 28, 2014
Additional Disclosures by Regional Rural Banks in Notes to Accounts
RBI/2013-14/150 RPCD.CO.RRB.BC.No.17/03.05.33/2014-15 July 28, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Additional Disclosures by Regional Rural Banks in Notes to Accounts A reference is invited to paragraph 18 of the First Bi-Monthly Monetary Policy Statement 2014-15 announced on April 1, 2014 wherein it was proposed to prescribe certain additional disclosure requirements as per the recommendations of the Committee on Comprehensive Financial Service
RBI/2013-14/150 RPCD.CO.RRB.BC.No.17/03.05.33/2014-15 July 28, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Additional Disclosures by Regional Rural Banks in Notes to Accounts A reference is invited to paragraph 18 of the First Bi-Monthly Monetary Policy Statement 2014-15 announced on April 1, 2014 wherein it was proposed to prescribe certain additional disclosure requirements as per the recommendations of the Committee on Comprehensive Financial Service
Jul 21, 2014
RRBs/StCBs/CCBs - KYC/AML/CFT - Obligation of Banks under PMLA, 2002 - Amendment to Prevention of Money-Laundering (Maintenance of Records) Rules 2013
RBI/2014-15/136 RPCD.RRB.RCB.AML.BC.No.14/07.51.018/2014-15 July 21, 2014 The Chairmen/Chief Executive Officers All Regional Rural Banks (RRBs)/ State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards / Combating of Financing of Terrorism (CFT) / Obligation of Banks under PMLA, 2002 – Amendment to Prevention of Money-Laundering (Maintenance of Records) Rules 2013 Government of India has no
RBI/2014-15/136 RPCD.RRB.RCB.AML.BC.No.14/07.51.018/2014-15 July 21, 2014 The Chairmen/Chief Executive Officers All Regional Rural Banks (RRBs)/ State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards / Combating of Financing of Terrorism (CFT) / Obligation of Banks under PMLA, 2002 – Amendment to Prevention of Money-Laundering (Maintenance of Records) Rules 2013 Government of India has no
Jul 21, 2014
Banking Laws (Amendment) Act, 2012 - Amendments to Sections 18 & 24 of the Banking Regulation Act, 1949 (AACS) - Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs
RBI/2014-15/139 RPCD.RCB.BC.No.16/07.51.020/2014-15 July 21, 2014 All State and Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Banking Laws (Amendment) Act, 2012 – Amendments to Sections 18 & 24 of the Banking Regulation Act, 1949 (AACS) - Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs Please refer to our circular RPCD.RCB. BC No.110/07.51.020/2013-14 dated June 5, 2014 in te
RBI/2014-15/139 RPCD.RCB.BC.No.16/07.51.020/2014-15 July 21, 2014 All State and Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Banking Laws (Amendment) Act, 2012 – Amendments to Sections 18 & 24 of the Banking Regulation Act, 1949 (AACS) - Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs Please refer to our circular RPCD.RCB. BC No.110/07.51.020/2013-14 dated June 5, 2014 in te
Jul 15, 2014
RRBs/RCBs - Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures
RBI/2014-15/128 RPCD.RRB.RCB.BC.No. 13/03.05.33/2014-15 July 15, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks All Credit Information Companies Dear Sir/Madam, Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures A Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri) was
RBI/2014-15/128 RPCD.RRB.RCB.BC.No. 13/03.05.33/2014-15 July 15, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks All Credit Information Companies Dear Sir/Madam, Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures A Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri) was
Jul 03, 2014
RRBs/StCBs/CCBs - Unique Customer Identification Code (UCIC) for banks' customers in India
RBI/2014-15/115 RPCD.RRB.RCB.AML.BC.No.12/07.51.018/2014-15 July 03, 2014 The Chairmen / Chief Executive Officers All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) Guidelines - Unique Customer Identification Code (UCIC) for banks’ customers in India Please refer to our circular RPCD.CO.RRB.RCB.AML.BC.No.82/03.05.33(E)/2011-12 da
RBI/2014-15/115 RPCD.RRB.RCB.AML.BC.No.12/07.51.018/2014-15 July 03, 2014 The Chairmen / Chief Executive Officers All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) Guidelines - Unique Customer Identification Code (UCIC) for banks’ customers in India Please refer to our circular RPCD.CO.RRB.RCB.AML.BC.No.82/03.05.33(E)/2011-12 da
Jul 02, 2014
RRB/RCB - Security Incident Tracking Platform - Reporting thereon
RBI/2014-15/112 RPCD.CO.RRB.RCB.BC.No.11/03.05.33/2014-15 July 2, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Security Incident Tracking Platform- Reporting thereon Information on Security, particularly security incidents, external attacks, internal compromises etc. is unique to each bank. Sharing of such information/ incidents/experiences would greatly benefit Regional Rural Banks (RRBs)
RBI/2014-15/112 RPCD.CO.RRB.RCB.BC.No.11/03.05.33/2014-15 July 2, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Security Incident Tracking Platform- Reporting thereon Information on Security, particularly security incidents, external attacks, internal compromises etc. is unique to each bank. Sharing of such information/ incidents/experiences would greatly benefit Regional Rural Banks (RRBs)
Jul 01, 2014
RRBs/StCBs/CCBs - Lending against Gold Jewellery
RBI/2014-15/111 RPCD.RRB.RCB.BC.No.08/03.05.33/2014-15 July 01, 2014 The Chairmen / CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Lending against Gold Jewellery Please refer to our circulars RPCD.CO.No.RRB.BC.64/03.05.34/2005-06 dated February 27, 2006 and RPCD.CO.RF.BC.No.67 /07.40.06/2005-06 dated March 9, 2006 on ‘Advances against Gold Ornaments and Jewellery.’ 2. As a prudential measure, it has been decided
RBI/2014-15/111 RPCD.RRB.RCB.BC.No.08/03.05.33/2014-15 July 01, 2014 The Chairmen / CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Lending against Gold Jewellery Please refer to our circulars RPCD.CO.No.RRB.BC.64/03.05.34/2005-06 dated February 27, 2006 and RPCD.CO.RF.BC.No.67 /07.40.06/2005-06 dated March 9, 2006 on ‘Advances against Gold Ornaments and Jewellery.’ 2. As a prudential measure, it has been decided
Jun 26, 2014
RRB/RCBs - Special Investigation Team - Supreme Court Judgement
RBI/2013-14/663 RPCD.CO.RRB.RCB.BC.No. 113/03.05.33/2013-14 June@@NBSP@@ 26, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Special Investigation Team – Supreme Court Judgment In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B.Shah. In this regard, the Hon’b
RBI/2013-14/663 RPCD.CO.RRB.RCB.BC.No. 113/03.05.33/2013-14 June@@NBSP@@ 26, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Special Investigation Team – Supreme Court Judgment In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B.Shah. In this regard, the Hon’b
Jun 16, 2014
StCBs - Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 - Harmonization of KYC norms for Foreign Portfolio Investors (FPIs)
RBI/2013-14/644 RPCD.RCB.AML.BC.No.112/07.51.018/2013-14 June 16, 2014 The Chief Executive Officer All AD Category I State Cooperative Banks (StCBs) Madam/Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Harmonization of KYC norms for Foreign Portfolio Investors (FPIs) Please refer to the first Bi-Monthly Monetary Po
RBI/2013-14/644 RPCD.RCB.AML.BC.No.112/07.51.018/2013-14 June 16, 2014 The Chief Executive Officer All AD Category I State Cooperative Banks (StCBs) Madam/Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Harmonization of KYC norms for Foreign Portfolio Investors (FPIs) Please refer to the first Bi-Monthly Monetary Po
Jun 12, 2014
RRBs/StCBs/CCBs - Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 - Clarification on Proof of Address
RBI/2013-14/641 RPCD.RRB.RCB.AML.BC.No.111/07.51.018/2013-14 June 12, 2014 The Chairmen/CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Clarification on Proof of Address Please refer to our circulars RPCD.CO.RRB.RCB.AML.No.60
RBI/2013-14/641 RPCD.RRB.RCB.AML.BC.No.111/07.51.018/2013-14 June 12, 2014 The Chairmen/CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Clarification on Proof of Address Please refer to our circulars RPCD.CO.RRB.RCB.AML.No.60
Jun 05, 2014
The Banking Laws (Amendment) Act 2012 - Amendments to Section 18 & 24 of Banking Regulation (B.R.) Act, 1949 (AACS) - Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs
RBI/2013-14/631 RPCD.RCB.BC.No. 110/07.51.020/2013-14 June 5, 2014 All State and Central Cooperative Banks Dear Sir/ Madam, The Banking Laws (Amendment) Act 2012 – Amendments to Section 18 & 24 of Banking Regulation (B.R.) Act, 1949 (AACS) – Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs Pursuant to the enactment of the Banking Laws (Amendment) Act, 2012, giving powers to RBI to speci
RBI/2013-14/631 RPCD.RCB.BC.No. 110/07.51.020/2013-14 June 5, 2014 All State and Central Cooperative Banks Dear Sir/ Madam, The Banking Laws (Amendment) Act 2012 – Amendments to Section 18 & 24 of Banking Regulation (B.R.) Act, 1949 (AACS) – Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs Pursuant to the enactment of the Banking Laws (Amendment) Act, 2012, giving powers to RBI to speci
Jun 04, 2014
RRBs - Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)
RBI/2013-14/626 RPCD.CO.RRB.BC.No.106/03.05.33/2013-14 June 4, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.CO.RRB.BC.No.22/03.05.28(B)/2012-13 dated August 1,@@NBSP@@ 2012 on the captioned subject. 2. As announced in the Second Bi-monthly Monetary Policy statement 2014-15 by Reserve Bank of India on June 3, 2014, it has been
RBI/2013-14/626 RPCD.CO.RRB.BC.No.106/03.05.33/2013-14 June 4, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.CO.RRB.BC.No.22/03.05.28(B)/2012-13 dated August 1,@@NBSP@@ 2012 on the captioned subject. 2. As announced in the Second Bi-monthly Monetary Policy statement 2014-15 by Reserve Bank of India on June 3, 2014, it has been
May 28, 2014
Formation of new State of Telangana - Assignment of SLBC Convenorship
RBI/2013-14/617 RPCD.CO.LBS.No.13027/02.01.001/2013-14 May 28, 2014 The Chairman & Managing Director All SLBC Convenor banks Dear Sir/Madam, Formation of new State of Telangana – Assignment of SLBC Convenorship As per The Gazette of India Notification No. 6 of 2014 dated March 1, 2014, the 29th State of the country viz. Telangana has been formed and the appointed day has been fixed as June 2, 2014. 2. It has been decided to assign the SLBC convenorship of Telangan
RBI/2013-14/617 RPCD.CO.LBS.No.13027/02.01.001/2013-14 May 28, 2014 The Chairman & Managing Director All SLBC Convenor banks Dear Sir/Madam, Formation of new State of Telangana – Assignment of SLBC Convenorship As per The Gazette of India Notification No. 6 of 2014 dated March 1, 2014, the 29th State of the country viz. Telangana has been formed and the appointed day has been fixed as June 2, 2014. 2. It has been decided to assign the SLBC convenorship of Telangan
May 27, 2014
RRBs - Need for Bank Branches/ATMs to be made accessible to persons with disabilities
RBI/2013-14/608 RPCD.CO.RRB.BC.No.103/03.05.33/2013-14 May 27, 2014 The Chairmen Regional Rural Banks Dear Sir/Madam, Need for Bank Branches / ATMs to be made accessible to persons with disabilities Please refer to our circular RPCD.CO.RRB.BC.No.97/03.05.90-A/2008-09 dated April 21, 2009 on the captioned subject, wherein Regional Rural Banks (RRBs) were advised to provide, inter alia, ramps in all existing and future ATMs, and make at least one third of new ATMs insta
RBI/2013-14/608 RPCD.CO.RRB.BC.No.103/03.05.33/2013-14 May 27, 2014 The Chairmen Regional Rural Banks Dear Sir/Madam, Need for Bank Branches / ATMs to be made accessible to persons with disabilities Please refer to our circular RPCD.CO.RRB.BC.No.97/03.05.90-A/2008-09 dated April 21, 2009 on the captioned subject, wherein Regional Rural Banks (RRBs) were advised to provide, inter alia, ramps in all existing and future ATMs, and make at least one third of new ATMs insta
May 27, 2014
RRBs - Levy of penal charges on non-maintenance of minimum balances in inoperative accounts
RBI/2013-14/611 RPCD.RRB.BC.No.105/03.05.33/2013-14 May 27, 2014 The Chairmen All Regional Rural Banks Dear Madam/Sir, Levy of penal charges on non-maintenance of minimum balances in inoperative accounts Please refer to Part B of the First Bi-monthly Monetary Policy Statement 2014-15 announced on April 1, 2014, proposing certain measures towards consumer protection such as non-levy of penal charges for non-maintenance of minimum balance in any inoperative accounts. 2.
RBI/2013-14/611 RPCD.RRB.BC.No.105/03.05.33/2013-14 May 27, 2014 The Chairmen All Regional Rural Banks Dear Madam/Sir, Levy of penal charges on non-maintenance of minimum balances in inoperative accounts Please refer to Part B of the First Bi-monthly Monetary Policy Statement 2014-15 announced on April 1, 2014, proposing certain measures towards consumer protection such as non-levy of penal charges for non-maintenance of minimum balance in any inoperative accounts. 2.
May 27, 2014
RRBs - Opening of Bank Accounts in the Names of Minors
RBI/2013-14/610 RPCD.CO.RRB.BC.No.104/03.05.33/2013-14 May 27, 2014 The Chairmen, All Regional Rural Banks Dear Sir/Madam, Opening of Bank Accounts in the Names of Minors Please refer to para 4.10 of our circular RPCD.CO.RRB.BC.No.100/03.05.33/2013-14 dated May 12, 2014 wherein Regional Rural Banks were advised to allow minors’ accounts (fixed, savings and recurring deposit accounts only) with mothers as guardians to be opened subject to safeguards in allowing operati
RBI/2013-14/610 RPCD.CO.RRB.BC.No.104/03.05.33/2013-14 May 27, 2014 The Chairmen, All Regional Rural Banks Dear Sir/Madam, Opening of Bank Accounts in the Names of Minors Please refer to para 4.10 of our circular RPCD.CO.RRB.BC.No.100/03.05.33/2013-14 dated May 12, 2014 wherein Regional Rural Banks were advised to allow minors’ accounts (fixed, savings and recurring deposit accounts only) with mothers as guardians to be opened subject to safeguards in allowing operati
May 27, 2014
Levy of foreclosure charges/pre-payment penalty on Floating Rate Term Loans
RBI/2013-14/612 RPCD.CO.RCBD.RRB.BC.No.102/07.51.013/2013-14 May 27, 2014 The Chairman All State and Central Co-operative Banks (StCBs and CCBs) All Regional Rural Banks (RRBs) Dear Sir/Madam Levy of foreclosure charges/pre-payment penalty on Floating Rate Term Loans Please refer to our circulars RPCD.CO.RCBD.BC.No.84/03.03.01/2011-12 dated June 15, 2012 addressed to StCBs and CCBs and RPCD.CO.RRB.BC.No.85/03.05.033/2011-12 dated June 18, 2012 addressed to RRBs on ‘Ho
RBI/2013-14/612 RPCD.CO.RCBD.RRB.BC.No.102/07.51.013/2013-14 May 27, 2014 The Chairman All State and Central Co-operative Banks (StCBs and CCBs) All Regional Rural Banks (RRBs) Dear Sir/Madam Levy of foreclosure charges/pre-payment penalty on Floating Rate Term Loans Please refer to our circulars RPCD.CO.RCBD.BC.No.84/03.03.01/2011-12 dated June 15, 2012 addressed to StCBs and CCBs and RPCD.CO.RRB.BC.No.85/03.05.033/2011-12 dated June 18, 2012 addressed to RRBs on ‘Ho
May 15, 2014
Treatment of RIDF and certain other funds under priority sector
RBI/2013-14/591 RPCD.CO.Plan. BC 101/04.09.01/ 2013-14 May 15, 2014 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Madam/Dear Sir, Treatment of RIDF and certain other funds under priority sector It has been decided to include the outstanding deposits placed by scheduled commercial banks under Rural Infrastructure Development Fund (RIDF) and certain other funds established with NABARD, on accou
RBI/2013-14/591 RPCD.CO.Plan. BC 101/04.09.01/ 2013-14 May 15, 2014 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Madam/Dear Sir, Treatment of RIDF and certain other funds under priority sector It has been decided to include the outstanding deposits placed by scheduled commercial banks under Rural Infrastructure Development Fund (RIDF) and certain other funds established with NABARD, on accou
May 12, 2014
Customer Service in Regional Rural Banks
RBI/2013-14/589 RPCD.CO.RRB.BC.No. 100/03.05.33/2013-14 May 12, 2014 The Chairmen All Regional Rural Banks Dear Sir, Customer Service in Regional Rural Banks Customer service has great significance in the banking industry. The banking system in India today has perhaps the largest outreach for delivery of financial services and is also serving as an important conduit for delivery of financial services. While the coverage has been expanding day by day, the quality and c
RBI/2013-14/589 RPCD.CO.RRB.BC.No. 100/03.05.33/2013-14 May 12, 2014 The Chairmen All Regional Rural Banks Dear Sir, Customer Service in Regional Rural Banks Customer service has great significance in the banking industry. The banking system in India today has perhaps the largest outreach for delivery of financial services and is also serving as an important conduit for delivery of financial services. While the coverage has been expanding day by day, the quality and c
Apr 25, 2014
RRBs/StCBs/CCBs - Reporting of Cross Border Wire Transfer Report on FINnet Gateway
RBI/2013-14/572 RPCD.RRB.RCB.AML.BC.No.97/07.51.018/2013-14 April 25, 2014 The Chairmen/CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Reporting of Cross Border Wire Transfer Report on FINnet Gateway Please refer to our circular RPCD.CO.RRB.RCB.AML.BC.No.36/03.05.33(E)/2012-13 dated October 15, 2012 on ‘Uploading of Reports on FINnet Gateway’ wherein Regional Rural Banks (RRBs) and State/Central Cooperative Banks
RBI/2013-14/572 RPCD.RRB.RCB.AML.BC.No.97/07.51.018/2013-14 April 25, 2014 The Chairmen/CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Reporting of Cross Border Wire Transfer Report on FINnet Gateway Please refer to our circular RPCD.CO.RRB.RCB.AML.BC.No.36/03.05.33(E)/2012-13 dated October 15, 2012 on ‘Uploading of Reports on FINnet Gateway’ wherein Regional Rural Banks (RRBs) and State/Central Cooperative Banks
Apr 22, 2014
Scaling up of the Business Correspondent (BC) Model - Issues in Cash Management
RBI/2013-14/570 RPCD.FID.BC.No. 96/12.01.011/ 20013-14 April 22, 2014 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir/Madam, Scaling up of the Business Correspondent (BC) Model – Issues in Cash Management Please refer to Para 26 (Part B) of Governor's bi-monthly policy statement dated April 1, 2014 on the above subject. 2. In this connection, we advise that, after opening of large number of banking outlets in the last t
RBI/2013-14/570 RPCD.FID.BC.No. 96/12.01.011/ 20013-14 April 22, 2014 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir/Madam, Scaling up of the Business Correspondent (BC) Model – Issues in Cash Management Please refer to Para 26 (Part B) of Governor's bi-monthly policy statement dated April 1, 2014 on the above subject. 2. In this connection, we advise that, after opening of large number of banking outlets in the last t
Mar 14, 2014
Annual Credit Plans - Potential Linked Plan (PLPs) prepared by NABARD
RBI/2013-14/520 RPCD.CO.LBS.BC.No.93/02.01.001/2013-14 March 14, 2014 The Chairmen and Managing Directors All Lead Banks Dear Sir, Annual Credit Plans – Potential Linked Plan (PLPs) prepared by NABARD Please refer to the circular RPCD.CO.LBS. (SAA) BC.No.93/08.01.00/2004-05 dated April 11, 2005 advising all scheduled commercial banks including Regional Rural Banks that a pre-PLP meeting may be convened by Lead District Manager during August /September to be attended b
RBI/2013-14/520 RPCD.CO.LBS.BC.No.93/02.01.001/2013-14 March 14, 2014 The Chairmen and Managing Directors All Lead Banks Dear Sir, Annual Credit Plans – Potential Linked Plan (PLPs) prepared by NABARD Please refer to the circular RPCD.CO.LBS. (SAA) BC.No.93/08.01.00/2004-05 dated April 11, 2005 advising all scheduled commercial banks including Regional Rural Banks that a pre-PLP meeting may be convened by Lead District Manager during August /September to be attended b
Mar 13, 2014
Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards
RBI/2013-14/519 RPCD.RRB.RCB.AML.No. 10292/07.51.018/2013-14 March 13, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.RRB.RCB.AML.No.6235/07.51.018/2013-14 dated December 10, 2013 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Task Force (
RBI/2013-14/519 RPCD.RRB.RCB.AML.No. 10292/07.51.018/2013-14 March 13, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.RRB.RCB.AML.No.6235/07.51.018/2013-14 dated December 10, 2013 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Task Force (
Mar 13, 2014
RRBs/StCBs/CCBs - Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 - Recognising e-Aadhaar as an ‘Officially Valid Document’ under PML Rules
RBI/2013-14/518 RPCD.RRB.RCB.AML.BC.No. 92/07.51.018/2013-14 March 13, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, RRBs/StCBs/CCBs - Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Recognising e-Aadhaar as an ‘Officially Valid Document’ under PML Rules Please refer to our
RBI/2013-14/518 RPCD.RRB.RCB.AML.BC.No. 92/07.51.018/2013-14 March 13, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, RRBs/StCBs/CCBs - Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Recognising e-Aadhaar as an ‘Officially Valid Document’ under PML Rules Please refer to our
Mar 12, 2014
Priority Sector Lending-Targets and Classification-Bank loans to MFIs for on-lending-pricing criteria
RBI/2013-14/515 RPCD.CO.Plan.BC 91/04.09.01/2013-14 March 12, 2014 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending-Targets and Classification-Bank loans to MFIs for on-lending-pricing criteria Please refer to paragraphs VIII (c) (i) and (ii) of our master circular No. RPCD.CO.Plan.BC.9/04.09.01/2013-14 dated July 1, 2013 on Priority Sector Lending-Targets and C
RBI/2013-14/515 RPCD.CO.Plan.BC 91/04.09.01/2013-14 March 12, 2014 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending-Targets and Classification-Bank loans to MFIs for on-lending-pricing criteria Please refer to paragraphs VIII (c) (i) and (ii) of our master circular No. RPCD.CO.Plan.BC.9/04.09.01/2013-14 dated July 1, 2013 on Priority Sector Lending-Targets and C
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