Notifications - Financial Inclusion and Development - RBI - Reserve Bank of India
Notifications
Apr 21, 2010
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/416 RPCD.CO.RF.AML.No. 10874 /07.02.12/2009-10 April 21, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.9635/07.02.12/2009-10 dated March 19, 2010. We have since received from Government of India (Ministry of External Affairs) copy of note dated March 1, 20
RBI/2009-10/416 RPCD.CO.RF.AML.No. 10874 /07.02.12/2009-10 April 21, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.9635/07.02.12/2009-10 dated March 19, 2010. We have since received from Government of India (Ministry of External Affairs) copy of note dated March 1, 20
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Apr 19, 2010
StCBs/DCCBs - Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy
RBI/2009-10/401 RPCD.CO.RF.BC.No. 71/07.37.02/2009-10 April 19, 2010 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy Please refer to our circulars RPCD.CO.RF.BC.No.17/07.38.03/2008-09 dated July 30, 2008, RPCD.CO.RF.BC.No.91/07.37.02/ 2008-09 dated March 6, 2009 and RPCD.C
RBI/2009-10/401 RPCD.CO.RF.BC.No. 71/07.37.02/2009-10 April 19, 2010 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy Please refer to our circulars RPCD.CO.RF.BC.No.17/07.38.03/2008-09 dated July 30, 2008, RPCD.CO.RF.BC.No.91/07.37.02/ 2008-09 dated March 6, 2009 and RPCD.C
Apr 19, 2010
RRBs - Certificate of Registration granted to Equifax Credit Information Services Private Ltd to commence Business of Credit Information
RBI/2009-10/400 RPCD.CO RRB.BC No.70 /03.05.33/2009-10 April 19, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Grant of ‘Certificate of Registration’ for commencing business of credit information – Equifax Credit Information Services Private Ltd. Please refer to our circular RPCD.CO.RRB.BC.No.62/03.05.33/2009-10 dated@@NBSP@@ @@NBSP@@March 23, 2010 advising the issue of 'Certificate of Registration' to Experian Credit Information Company of India Private
RBI/2009-10/400 RPCD.CO RRB.BC No.70 /03.05.33/2009-10 April 19, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Grant of ‘Certificate of Registration’ for commencing business of credit information – Equifax Credit Information Services Private Ltd. Please refer to our circular RPCD.CO.RRB.BC.No.62/03.05.33/2009-10 dated@@NBSP@@ @@NBSP@@March 23, 2010 advising the issue of 'Certificate of Registration' to Experian Credit Information Company of India Private
Apr 12, 2010
Collateral Free Loans - Educational Loan Scheme
RBI/2009-10/396 RPCD.SME&NFS.BC.No. 69/06.12.05 /2009-10 April 12, 2010 The Chairman/Managing Director All Scheduled Commercial Banks Dear Sir, Collateral Free Loans - Educational Loan Scheme Please refer to our circular RPCD.PLNFS.BC.No.83/06.12.05/2000-01 dated April 28, 2001 regarding educational loan scheme, wherein it was advised that no security may be insisted upon for loans upto Rs.4 lakh. We have been receiving representations from various quarters that c
RBI/2009-10/396 RPCD.SME&NFS.BC.No. 69/06.12.05 /2009-10 April 12, 2010 The Chairman/Managing Director All Scheduled Commercial Banks Dear Sir, Collateral Free Loans - Educational Loan Scheme Please refer to our circular RPCD.PLNFS.BC.No.83/06.12.05/2000-01 dated April 28, 2001 regarding educational loan scheme, wherein it was advised that no security may be insisted upon for loans upto Rs.4 lakh. We have been receiving representations from various quarters that c
Apr 09, 2010
Priority Sector Lending - Advances to Micro and Small Enterprises engaged in exports
RBI/2009-10/392 RPCD.CO.Plan.BC. 64/04.09.01/2009-10 April 9, 2010 The Chairman/ Managing Director [All domestic scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending – Advances to Micro and Small Enterprises engaged in exports Please refer to our Master Circular dated July 1, 2009 on Lending to Priority Sector, in terms of which finance granted by banks to micro and small enterprises as defined under the Micro, Small and Mediu
RBI/2009-10/392 RPCD.CO.Plan.BC. 64/04.09.01/2009-10 April 9, 2010 The Chairman/ Managing Director [All domestic scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending – Advances to Micro and Small Enterprises engaged in exports Please refer to our Master Circular dated July 1, 2009 on Lending to Priority Sector, in terms of which finance granted by banks to micro and small enterprises as defined under the Micro, Small and Mediu
Apr 09, 2010
Investment in SLR Securities by Regional Rural Banks (RRBs)
RBI/2009-10/391 RPCD.RRB.BC.No.68 /03.05.34/2009-10 April 9, 2010 The Chairman All Regional Rural Banks/Sponsor Banks Dear Sir, Investment in SLR Securities by Regional Rural Banks (RRBs) Please refer to our circular RPCD.RRB.BC.No.94/03.05.34/2008-09 dated March 26, 2009 on the above subject. 2. On a review of the issue it has been decided that the exemption granted to RRBs up to the financial year 2008-09 from 'mark to market' norms in respect of their investments i
RBI/2009-10/391 RPCD.RRB.BC.No.68 /03.05.34/2009-10 April 9, 2010 The Chairman All Regional Rural Banks/Sponsor Banks Dear Sir, Investment in SLR Securities by Regional Rural Banks (RRBs) Please refer to our circular RPCD.RRB.BC.No.94/03.05.34/2008-09 dated March 26, 2009 on the above subject. 2. On a review of the issue it has been decided that the exemption granted to RRBs up to the financial year 2008-09 from 'mark to market' norms in respect of their investments i
Apr 09, 2010
RRBs - Know your Customer (KYC) guidelines - accounts of proprietary concerns
RBI/2009-10/389 RPCD.CO RRB.AML.No.67/03.05.33(E)/2009-10 April 09, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Know your Customer (KYC) guidelines - accounts of proprietary concerns A reference is invited to Para 3 of the guidelines on 'Know Your Customer' norms and anti-money laundering measures enclosed to our circular RPCD.RRB.BC.No.81/03.05.33(E)/2004-05 dated February 18,2005. It has been advised to RRBs that internal guidelines for customer iden
RBI/2009-10/389 RPCD.CO RRB.AML.No.67/03.05.33(E)/2009-10 April 09, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Know your Customer (KYC) guidelines - accounts of proprietary concerns A reference is invited to Para 3 of the guidelines on 'Know Your Customer' norms and anti-money laundering measures enclosed to our circular RPCD.RRB.BC.No.81/03.05.33(E)/2004-05 dated February 18,2005. It has been advised to RRBs that internal guidelines for customer iden
Apr 08, 2010
Agricultural Debt Waiver and Debt Relief Scheme, 2008
RBI/2009-10/388 RPCD.No.PLFS.BC.66/05.04.02/2009-10 April 8, 2010 The Chairman/ Managing Director/Chief Executive Officer, All Scheduled Commercial Banks (including Local Area Banks) Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 We forward herewith a copy of letter bearing number F.No.3/9/2008-AC dated March 26, 2010, received from Government of India, Ministry of Finance, New Delhi, on the captioned subject. The contents are self explanatory. 2. You
RBI/2009-10/388 RPCD.No.PLFS.BC.66/05.04.02/2009-10 April 8, 2010 The Chairman/ Managing Director/Chief Executive Officer, All Scheduled Commercial Banks (including Local Area Banks) Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 We forward herewith a copy of letter bearing number F.No.3/9/2008-AC dated March 26, 2010, received from Government of India, Ministry of Finance, New Delhi, on the captioned subject. The contents are self explanatory. 2. You
Apr 08, 2010
Cheque Collection Policy (CCP) - Immediate credit of Local / Outstation Cheques
RBI/2009-10/387 RPCD.CO.RRB.BC.No.65/03.05.33/2009-10 April 8, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Cheque Collection Policy (CCP) - Immediate credit of Local / Outstation Cheques Please refer to our circular RPCD.CO.RRB.BC.No. 87/03.05.33/2008-09 dated February 5, 2009 advising RRBs to frame their Cheque Collection Policies covering local and outstation cheque collection as per the time frame prescribed by the National Consumer Disputes Redress
RBI/2009-10/387 RPCD.CO.RRB.BC.No.65/03.05.33/2009-10 April 8, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Cheque Collection Policy (CCP) - Immediate credit of Local / Outstation Cheques Please refer to our circular RPCD.CO.RRB.BC.No. 87/03.05.33/2008-09 dated February 5, 2009 advising RRBs to frame their Cheque Collection Policies covering local and outstation cheque collection as per the time frame prescribed by the National Consumer Disputes Redress
Apr 06, 2010
Agricultural Debt Waiver and Debt Relief Scheme, 2008- Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy- RRBs
RBI/2009-10/380 RPCD.CO.RRB.BC No. 63/ 03.05.72/2009-10 April 06, 2010 The Chairman All Regional Rural Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008– Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy- RRBs Please refer to our circulars RPCD.CO.RRB.No.BC.18/03.05.072/2008-09 dated July 30, 2008; RPCD.CO.RRB.No.BC.64/ 03.05.072/2008-09 dated November 17, 2008,@@NBSP@@ RPCD.CO. RRB. No.BC.92/ 03.05.072
RBI/2009-10/380 RPCD.CO.RRB.BC No. 63/ 03.05.72/2009-10 April 06, 2010 The Chairman All Regional Rural Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008– Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy- RRBs Please refer to our circulars RPCD.CO.RRB.No.BC.18/03.05.072/2008-09 dated July 30, 2008; RPCD.CO.RRB.No.BC.64/ 03.05.072/2008-09 dated November 17, 2008,@@NBSP@@ RPCD.CO. RRB. No.BC.92/ 03.05.072
Mar 30, 2010
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2009-10/369 RPCD.CO RRB.AML.No.10105/03.05.28(A)/2009-10 March 30, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RRB.AML.No. 9611/03.05.28(A)/2009-10 dated March 18,2010. We have since received from Government of India (Ministry of External Affairs) copy of note dated March 11, 2010 (copy
RBI/2009-10/369 RPCD.CO RRB.AML.No.10105/03.05.28(A)/2009-10 March 30, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RRB.AML.No. 9611/03.05.28(A)/2009-10 dated March 18,2010. We have since received from Government of India (Ministry of External Affairs) copy of note dated March 11, 2010 (copy
Mar 23, 2010
Grant of ‘Certificate of Registration’ - For commencing business of credit information - Experian Credit Information Company of India Private Ltd.
RBI/2009-10/354 RPCD.CO RRB.BC No.62 /03.05.33/2009-10 March 23, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Grant of ‘Certificate of Registration’ - For commencing business of credit information – Experian Credit Information Company of India Private Ltd. Please refer to our circular RPCD.CO.RRB.No. 32/03.05.33/2009-10 dated October 20, 2009 advising RRBs in the context of Credit Information Companies (Regulation) Act, 2005@@NBSP@@to urgently initiate
RBI/2009-10/354 RPCD.CO RRB.BC No.62 /03.05.33/2009-10 March 23, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Grant of ‘Certificate of Registration’ - For commencing business of credit information – Experian Credit Information Company of India Private Ltd. Please refer to our circular RPCD.CO.RRB.No. 32/03.05.33/2009-10 dated October 20, 2009 advising RRBs in the context of Credit Information Companies (Regulation) Act, 2005@@NBSP@@to urgently initiate
Mar 19, 2010
List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/350 RPCD.CO.RF.AML.No. 9635/07.02.12/2009-10 March 19, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.9345/07.02.12/2009-10 dated March 11, 2010. We have since received from Government of India (Ministry of External Affairs) a copy of note dated January 26,
RBI/2009-10/350 RPCD.CO.RF.AML.No. 9635/07.02.12/2009-10 March 19, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.9345/07.02.12/2009-10 dated March 11, 2010. We have since received from Government of India (Ministry of External Affairs) a copy of note dated January 26,
Mar 18, 2010
RRBs - List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/348 RPCD.CO.RRB.AML.No.9611/03.05.28(A)/2009-10 March 18, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RRB.AML.No.9262/03.05.28(A) dated March 09, 2010. We have since received from Government of India (Ministry of External Affairs) a copy of note dated March 1, 2010 (copy enclosed)
RBI/2009-10/348 RPCD.CO.RRB.AML.No.9611/03.05.28(A)/2009-10 March 18, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RRB.AML.No.9262/03.05.28(A) dated March 09, 2010. We have since received from Government of India (Ministry of External Affairs) a copy of note dated March 1, 2010 (copy enclosed)
Mar 11, 2010
List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/346 RPCD.CO.RF.AML.No.9345/07.02.12/2009-10 March 11, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.8956/07.02.12/2009-10 dated March 02, 2010. We have since received from Government of India (Ministry of External Affairs) a copy of note dated January 19,
RBI/2009-10/346 RPCD.CO.RF.AML.No.9345/07.02.12/2009-10 March 11, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.8956/07.02.12/2009-10 dated March 02, 2010. We have since received from Government of India (Ministry of External Affairs) a copy of note dated January 19,
Mar 09, 2010
RRBs - List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/344 RPCD.CO RRB.AML.No 9262/03.05.28(A)/2009-10 March 09, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RRB.AMLNo. 8864/03.05.28(A)/2009-10 dated February 25,2010. @@NBSP@@We have since received from Government of India (Ministry of External Affairs) copy of note dated January 26, 20
RBI/2009-10/344 RPCD.CO RRB.AML.No 9262/03.05.28(A)/2009-10 March 09, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RRB.AMLNo. 8864/03.05.28(A)/2009-10 dated February 25,2010. @@NBSP@@We have since received from Government of India (Ministry of External Affairs) copy of note dated January 26, 20
Mar 05, 2010
Repayment of Gold Loan
RBI/2009-10/342 RPCD.CO.RF.BC.No.60/07.37.02/2009-10 March 5, 2010 All State and District Central Co-operative Banks Dear Sir, Repayment of Gold Loan State and Central Co-operative Banks grant loans for various purposes against the security of gold /gold ornaments as part of their lending policy. As per extant instructions (c.f. our circular RPCD.RF.BC.No.69/07.37.02/2002-03 dated January 31, 2003), banks charge interest at monthly rests on loans and advances granted
RBI/2009-10/342 RPCD.CO.RF.BC.No.60/07.37.02/2009-10 March 5, 2010 All State and District Central Co-operative Banks Dear Sir, Repayment of Gold Loan State and Central Co-operative Banks grant loans for various purposes against the security of gold /gold ornaments as part of their lending policy. As per extant instructions (c.f. our circular RPCD.RF.BC.No.69/07.37.02/2002-03 dated January 31, 2003), banks charge interest at monthly rests on loans and advances granted
Mar 04, 2010
RRBs - Provisioning Requirement for Standard Assets
RBI/2009-10/337 RPCD.RRB.No.BC. 61/ 03.05.34/2009-10 March 4, 2010 All Regional Rural Banks Dear Sir, Provisioning Requirement for Standard Assets Please refer to paragraph 2 of our circular RPCD.RRB.No.BC.97/03.05.34/2000-01 dated June 11, 2001 regarding provisioning requirements for ‘standard assets’. 2. In this connection, a reference is invited to paragraph 158 of the Second Quarter Review of Monetary Policy for the year 2009-10 announced on October 27, 2009 (copy
RBI/2009-10/337 RPCD.RRB.No.BC. 61/ 03.05.34/2009-10 March 4, 2010 All Regional Rural Banks Dear Sir, Provisioning Requirement for Standard Assets Please refer to paragraph 2 of our circular RPCD.RRB.No.BC.97/03.05.34/2000-01 dated June 11, 2001 regarding provisioning requirements for ‘standard assets’. 2. In this connection, a reference is invited to paragraph 158 of the Second Quarter Review of Monetary Policy for the year 2009-10 announced on October 27, 2009 (copy
Mar 03, 2010
StCBs/DCCBs - Prevention of Money-laundering - Amendment Rules, 2009 - Obligation of banks / Financial institutions
RBI/2009-10/336 RPCD.CO.RF.AML.BC. No.59/07.40.00/2009-10 March 3, 2010 The Chairmen/CEOs of all State / Central Co-operative Banks Dear Sir, Prevention of Money-Laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Amendment Rule
RBI/2009-10/336 RPCD.CO.RF.AML.BC. No.59/07.40.00/2009-10 March 3, 2010 The Chairmen/CEOs of all State / Central Co-operative Banks Dear Sir, Prevention of Money-Laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Amendment Rule
Mar 02, 2010
Review of bilateral clearing arrangements between banks - Regional Rural Banks
RBI/2009-10/332 RPCD.CO RRB.BC.No.58/03.05.33/2009-10 March 2, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Review of bilateral clearing arrangements between banks – Regional Rural Banks As you are aware, for convenient, cost-effective and quick processing and settlement of clearing instruments arising out of normal business activities of banks, an elaborate Clearing House infrastructure is in place in the country. Currently operational at most location
RBI/2009-10/332 RPCD.CO RRB.BC.No.58/03.05.33/2009-10 March 2, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Review of bilateral clearing arrangements between banks – Regional Rural Banks As you are aware, for convenient, cost-effective and quick processing and settlement of clearing instruments arising out of normal business activities of banks, an elaborate Clearing House infrastructure is in place in the country. Currently operational at most location
Mar 02, 2010
StCBS/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/330 RPCD.CO.RF.AML.No.8956 /07.02.12/2009-10 @@NBSP@@March 2, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.7031/07.02.12/2009-10 dated December 29, 2009. @@NBSP@@We have since received from Government of India (Ministry of External Affairs) copy of note d
RBI/2009-10/330 RPCD.CO.RF.AML.No.8956 /07.02.12/2009-10 @@NBSP@@March 2, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.7031/07.02.12/2009-10 dated December 29, 2009. @@NBSP@@We have since received from Government of India (Ministry of External Affairs) copy of note d
Mar 02, 2010
Report of the High Level Committee to Review Lead Bank Scheme - Implementation of the recommendations
RBI/2009-10/331 RPCD.CO.LBS.HLC.BC.No. 57@@NBSP@@ /02.19.10/2009-10 March 2, 2010 The Chairmen/ CMDs All Lead Banks/All Scheduled Commercial Banks Dear Sir, Report of the High Level Committee to Review Lead Bank Scheme- Implementation of the recommendations Over a period of four decades, since the inception of the Lead Bank Scheme (LBS), several changes have taken place necessitating a relook at the scheme to make it more effective in the changed economic scenario wit
RBI/2009-10/331 RPCD.CO.LBS.HLC.BC.No. 57@@NBSP@@ /02.19.10/2009-10 March 2, 2010 The Chairmen/ CMDs All Lead Banks/All Scheduled Commercial Banks Dear Sir, Report of the High Level Committee to Review Lead Bank Scheme- Implementation of the recommendations Over a period of four decades, since the inception of the Lead Bank Scheme (LBS), several changes have taken place necessitating a relook at the scheme to make it more effective in the changed economic scenario wit
Feb 26, 2010
Report of the High Level Committee to Review Lead Bank Scheme - Implementation of the recommendations
RBI/2009-10/329 RPCD.CO.LBS.HLC.BC.No.56@@NBSP@@ /02.19.10/2009-10 February 26, 2010 CMDs of all SLBC Convenor Banks Dear Sir, Report of the High Level Committee to Review Lead Bank Scheme - Implementation of the recommendations Over a period of four decades, since the inception of the Lead Bank Scheme (LBS), several changes have taken place necessitating a relook at the scheme to make it more effective in the changed economic scenario with sharper focus on financial
RBI/2009-10/329 RPCD.CO.LBS.HLC.BC.No.56@@NBSP@@ /02.19.10/2009-10 February 26, 2010 CMDs of all SLBC Convenor Banks Dear Sir, Report of the High Level Committee to Review Lead Bank Scheme - Implementation of the recommendations Over a period of four decades, since the inception of the Lead Bank Scheme (LBS), several changes have taken place necessitating a relook at the scheme to make it more effective in the changed economic scenario with sharper focus on financial
Feb 25, 2010
List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida organisation
RBI/2009-10/327 RPCD.CO RRB.AML.No. 8864 /03.05.28(A)/2009-10 February 25, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida organisation Please refer to our circular RPCD.CO.RRB.AML.No.7763/03.05.28-A/2009-10 dated January 11, 2010. We have since received from Government of India (Ministry of External Affairs), a copy of note dated January 19, 2010 fr
RBI/2009-10/327 RPCD.CO RRB.AML.No. 8864 /03.05.28(A)/2009-10 February 25, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida organisation Please refer to our circular RPCD.CO.RRB.AML.No.7763/03.05.28-A/2009-10 dated January 11, 2010. We have since received from Government of India (Ministry of External Affairs), a copy of note dated January 19, 2010 fr
Feb 18, 2010
Review of bilateral clearing arrangements between banks - State and Central Co-operative Banks
RBI/2009-10/319 RPCD.CO.RF.BC. No. 55 /07.38.03/2009-10 February 18, 2010 All State and Central Co-operative Banks Madam/ Dear Sir Review of bilateral clearing arrangements between banks – State and Central Co-operative Banks As you are aware, for convenient, cost-effective and quick processing and settlement of clearing instruments arising out of normal business activities of banks, an elaborate Clearing House infrastructure is in place in the country. Currently oper
RBI/2009-10/319 RPCD.CO.RF.BC. No. 55 /07.38.03/2009-10 February 18, 2010 All State and Central Co-operative Banks Madam/ Dear Sir Review of bilateral clearing arrangements between banks – State and Central Co-operative Banks As you are aware, for convenient, cost-effective and quick processing and settlement of clearing instruments arising out of normal business activities of banks, an elaborate Clearing House infrastructure is in place in the country. Currently oper
Feb 05, 2010
Section 23 of the Banking Regulation Act, 1949 - Master Circular on Branch Licensing - Regional Rural Banks (RRBs)-Policy for opening of Regional Offices by RRBs
RBI/2009-2010/306 RPCD.CO. RRB. No. BC. 54/ 03.05.90-A / 2009-10 February@@NBSP@@ 5, 2010 The Chairman All Regional Rural Banks Dear Sir, Section 23 of the Banking Regulation Act, 1949 - Master Circular on Branch Licensing - Regional Rural Banks (RRBs)- Policy for opening of Regional Offices by RRBs Please refer to paragraph 2.3 of our Master Circular@@NBSP@@ RPCD. CO. RRB. No. BL. BC.8/03.05.90-A/2009-10 (RBI/2009-10/41) dated July 1, 2009 in terms of which amalgamat
RBI/2009-2010/306 RPCD.CO. RRB. No. BC. 54/ 03.05.90-A / 2009-10 February@@NBSP@@ 5, 2010 The Chairman All Regional Rural Banks Dear Sir, Section 23 of the Banking Regulation Act, 1949 - Master Circular on Branch Licensing - Regional Rural Banks (RRBs)- Policy for opening of Regional Offices by RRBs Please refer to paragraph 2.3 of our Master Circular@@NBSP@@ RPCD. CO. RRB. No. BL. BC.8/03.05.90-A/2009-10 (RBI/2009-10/41) dated July 1, 2009 in terms of which amalgamat
Feb 01, 2010
RRBs - Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR
RBI/2009-10/301 RPCD.CO.RRB.BC.No.53/03.05.28 (B)/2009-10 February 1, 2010 All Regional Rural Banks Dear Sir, RRBs - Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular RPCD.CO.RRB.BC.No.82/03.05.28(B)/2008-09 dated January 05, 2009 on the captioned subject. 2. On the basis of the current macroeconomic assessment, as set out in the Third Quarter Review of Monetary Policy 2009-10 issued on January 29, 2010, it has been
RBI/2009-10/301 RPCD.CO.RRB.BC.No.53/03.05.28 (B)/2009-10 February 1, 2010 All Regional Rural Banks Dear Sir, RRBs - Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular RPCD.CO.RRB.BC.No.82/03.05.28(B)/2008-09 dated January 05, 2009 on the captioned subject. 2. On the basis of the current macroeconomic assessment, as set out in the Third Quarter Review of Monetary Policy 2009-10 issued on January 29, 2010, it has been
Feb 01, 2010
StCBs - Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR
RBI/2009-10/300 RPCD.CO.RF.BC.No.51/07.02.01/2009-10 February 1, 2010 All Scheduled State Co-operative Banks Dear Sir, StCBs - Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular RPCD.CO.RF.BC.No.81/07.02.01/2008-09 dated January 05, 2009 on the captioned subject. 2. On the basis of the current macroeconomic assessment, as set out in the Third Quarter Review of Monetary Policy 2009-10 issued on January 29, 2010, it ha
RBI/2009-10/300 RPCD.CO.RF.BC.No.51/07.02.01/2009-10 February 1, 2010 All Scheduled State Co-operative Banks Dear Sir, StCBs - Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular RPCD.CO.RF.BC.No.81/07.02.01/2008-09 dated January 05, 2009 on the captioned subject. 2. On the basis of the current macroeconomic assessment, as set out in the Third Quarter Review of Monetary Policy 2009-10 issued on January 29, 2010, it ha
Jan 28, 2010
RRBs - Prevention of Money-laundering Amendment Rules, 2009 - Obligation of Banks/FIs
RBI/2009-10/293A RPCD.CORRB.AML.BC.No.49/03.05.33(E)/2009-10 January 28, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Prevention of Money-laundering (Maintenance of Records of the Nature and @@NBSP@@Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Amendment Rules
RBI/2009-10/293A RPCD.CORRB.AML.BC.No.49/03.05.33(E)/2009-10 January 28, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Prevention of Money-laundering (Maintenance of Records of the Nature and @@NBSP@@Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Amendment Rules
Jan 18, 2010
RRBs - Computation of NDTL for the purpose of Maintenance of CRR/SLR
RBI/2009-10/289 RPCD.CO.RRB.BC.No.48 /03.05.50 /2009-10@@NBSP@@ @@NBSP@@January 18, 2010 All Regional Rural Banks Dear Sir, Computation of Net Demand and Time Liabilities (NDTL) for the purpose of Maintenance of CRR/SLR It has been observed that the Regional Rural Banks (RRBs) are not following a uniform practice in reckoning their liability in respect of arrangements with correspondent banks (mainly sponsor banks) for remittance facilities. Under the arrangements, th
RBI/2009-10/289 RPCD.CO.RRB.BC.No.48 /03.05.50 /2009-10@@NBSP@@ @@NBSP@@January 18, 2010 All Regional Rural Banks Dear Sir, Computation of Net Demand and Time Liabilities (NDTL) for the purpose of Maintenance of CRR/SLR It has been observed that the Regional Rural Banks (RRBs) are not following a uniform practice in reckoning their liability in respect of arrangements with correspondent banks (mainly sponsor banks) for remittance facilities. Under the arrangements, th
Dec 29, 2009
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/276 RPCD.CO.RF.AML.No.7031/07.02.12/2009-10 December 29, 2009 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.6638/07.02.12/2009-10 dated December 15, 2009. @@NBSP@@We have since received from Government of India (Ministry of External Affairs) copy of note dated De
RBI/2009-10/276 RPCD.CO.RF.AML.No.7031/07.02.12/2009-10 December 29, 2009 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.6638/07.02.12/2009-10 dated December 15, 2009. @@NBSP@@We have since received from Government of India (Ministry of External Affairs) copy of note dated De
Dec 22, 2009
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida organisation
RBI/2009-10/270 RPCD.CO.RRB.AML.NO.6915/03.05.28(A)/2009-10 December 22, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida organisation Please refer to our letter RPCD.CO.RRB.No.6691/03.05.28-A/2009-10 dated December 16, 2009.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs), a copy of note dated December 03, 2009
RBI/2009-10/270 RPCD.CO.RRB.AML.NO.6915/03.05.28(A)/2009-10 December 22, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida organisation Please refer to our letter RPCD.CO.RRB.No.6691/03.05.28-A/2009-10 dated December 16, 2009.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs), a copy of note dated December 03, 2009
Dec 18, 2009
Priority Sector Lending - Loans to Housing Finance Companies
RBI/2009-10/263 RPCD.CO.Plan. BC.46/04.09.01/2009-10 December 18, 2009 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending – Loans to Housing Finance Companies (HFCs) Please refer to paragraph 7.5 of our Master Circular dated July 1, 2009 on Lending to Priority Sector, in terms of which loans granted to Housing Finance Companies (HFCs), approved by National Housing
RBI/2009-10/263 RPCD.CO.Plan. BC.46/04.09.01/2009-10 December 18, 2009 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending – Loans to Housing Finance Companies (HFCs) Please refer to paragraph 7.5 of our Master Circular dated July 1, 2009 on Lending to Priority Sector, in terms of which loans granted to Housing Finance Companies (HFCs), approved by National Housing
Dec 18, 2009
Self Employment Scheme for Rehabilitation of Manual Scavengers. (SRMS) beyond 30 September 2009
RBI/2009-10/264 RPCD. S.P. BC. NO 47/09.03.01/2009-10 December 18, 2009 The Chairman /Managing Directors All Indian Public Sector Banks (Excluding RRBs) Dear Sir, Self Employment Scheme for Rehabilitation of Manual Scavengers. (SRMS) beyond 30 September 2009 Please refer to our Circular RPCD.SP.BC.No 117/09.03.01/2008-09 dated June 30, 2009 advising the banks to complete implementation of the Self Employment Scheme for Rehabilitation of Manual Scavengers (SRMS) by Sep
RBI/2009-10/264 RPCD. S.P. BC. NO 47/09.03.01/2009-10 December 18, 2009 The Chairman /Managing Directors All Indian Public Sector Banks (Excluding RRBs) Dear Sir, Self Employment Scheme for Rehabilitation of Manual Scavengers. (SRMS) beyond 30 September 2009 Please refer to our Circular RPCD.SP.BC.No 117/09.03.01/2008-09 dated June 30, 2009 advising the banks to complete implementation of the Self Employment Scheme for Rehabilitation of Manual Scavengers (SRMS) by Sep
Dec 16, 2009
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organsaition
RBI/2009-10/257 RPCD.CORRB.No.6691/03.05.28(A)/2009-10 December 16, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under @@NBSP@@UNSCR @@NBSP@@1267(1999) and 1822(2008) on Taliban / Al-Qaida organsaition Please refer to our letter RPCD.CO.RRB.No. 5446/03.05.28-A/2009-10 dated November 16, 2009.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copies of notes dated Septem
RBI/2009-10/257 RPCD.CORRB.No.6691/03.05.28(A)/2009-10 December 16, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under @@NBSP@@UNSCR @@NBSP@@1267(1999) and 1822(2008) on Taliban / Al-Qaida organsaition Please refer to our letter RPCD.CO.RRB.No. 5446/03.05.28-A/2009-10 dated November 16, 2009.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copies of notes dated Septem
Dec 15, 2009
StCBs/CCBs - List of Terrorist Individuals/Organisations -under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/255 RPCD.CO.RF.AML.No.6638/07.02.12/2009-10 December 15, 2009 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, List of terrorist individuals/organisations - under UNSCR 1267(1999) and 1822 (2008) on Taliban/Al-Qaida Organisation Please refer to our letter RPCD.CO.RF.AML.No.4865/07.02.12/2009-10 dated November 9, 2009 on the captioned subject. We have since received from the Government of India (Ministry of External Affairs) copies of
RBI/2009-10/255 RPCD.CO.RF.AML.No.6638/07.02.12/2009-10 December 15, 2009 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, List of terrorist individuals/organisations - under UNSCR 1267(1999) and 1822 (2008) on Taliban/Al-Qaida Organisation Please refer to our letter RPCD.CO.RF.AML.No.4865/07.02.12/2009-10 dated November 9, 2009 on the captioned subject. We have since received from the Government of India (Ministry of External Affairs) copies of
Dec 10, 2009
StCBs/DCCBs - KYC Norms/AML Standards/Combating Financing of Terrorism
RBI/2009-10/254 RPCD.CO.RF.AML.No.6548/07.02.12/2009-10 December 10, 2009 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, Know your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) Please refer to our letter RPCD.CO.RF.AML.No.4863/07.02.12/2009-10 dated November 9, 2009 on risks arising from the deficiencies in AML/CFT regime of Iran, Uzbekistan, Pakistan, Turkmenistan and Sao Tome and Pri
RBI/2009-10/254 RPCD.CO.RF.AML.No.6548/07.02.12/2009-10 December 10, 2009 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, Know your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) Please refer to our letter RPCD.CO.RF.AML.No.4863/07.02.12/2009-10 dated November 9, 2009 on risks arising from the deficiencies in AML/CFT regime of Iran, Uzbekistan, Pakistan, Turkmenistan and Sao Tome and Pri
Dec 10, 2009
Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)
RBI/2009-10/253 RPCD.CO RRB.No 6557/03.05.28-A/2009-10 December 10, 2009 The Chairman Regional Rural Banks Dear Sir, Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT) Please refer to our letter RPCD.CO.RRB.No.5450/03.05.28-A/2009-10 dated November 16, 2009 on risks arising from the deficiencies in AML/CFT regime of Iran,Uzbekistan, Pakistan, Turkmenistan, Sao Tome and Principe. 2. Financial Action Task Force
RBI/2009-10/253 RPCD.CO RRB.No 6557/03.05.28-A/2009-10 December 10, 2009 The Chairman Regional Rural Banks Dear Sir, Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT) Please refer to our letter RPCD.CO.RRB.No.5450/03.05.28-A/2009-10 dated November 16, 2009 on risks arising from the deficiencies in AML/CFT regime of Iran,Uzbekistan, Pakistan, Turkmenistan, Sao Tome and Principe. 2. Financial Action Task Force
Dec 09, 2009
Marketing /Distribution of Mutual Fund Units /Insurance etc., products by RRBs
RBI/2009-10/250 RPCD.CORRB.No.45/03.05.33/2009-10 December 09, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Marketing /Distribution of Mutual Fund@@NBSP@@ Units /Insurance etc., products by RRBs Please refer to our circular RPCD.No.RRB.BC.82/03.05.33/2005-06 dated May 17, 2006 allowing RRBs to undertake marketing of units of mutual funds as agents subject to certain terms and conditions. 2. Similarly, in terms of paragraph 2 of our Circular RPCD. CO. RR
RBI/2009-10/250 RPCD.CORRB.No.45/03.05.33/2009-10 December 09, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Marketing /Distribution of Mutual Fund@@NBSP@@ Units /Insurance etc., products by RRBs Please refer to our circular RPCD.No.RRB.BC.82/03.05.33/2005-06 dated May 17, 2006 allowing RRBs to undertake marketing of units of mutual funds as agents subject to certain terms and conditions. 2. Similarly, in terms of paragraph 2 of our Circular RPCD. CO. RR
Dec 01, 2009
Credit Information Companies (Regulation) Act, 2005
RBI/2009-10/240 RPCD.CO.RF.BC.No.44/07.40.06/2009-10 December 1, 2009 All State and Central Co-operative Banks Dear Sir, Credit Information Companies (Regulation) Act, 2005 As you are aware, the Credit Information Companies (Regulation) Act, 2005 has been operationalised with effect from December 14, 2006. In terms of Section 15(1) of the Act, every credit institution has to become member of at least one credit information company within a period of three months from
RBI/2009-10/240 RPCD.CO.RF.BC.No.44/07.40.06/2009-10 December 1, 2009 All State and Central Co-operative Banks Dear Sir, Credit Information Companies (Regulation) Act, 2005 As you are aware, the Credit Information Companies (Regulation) Act, 2005 has been operationalised with effect from December 14, 2006. In terms of Section 15(1) of the Act, every credit institution has to become member of at least one credit information company within a period of three months from
Nov 27, 2009
High Level Committee to Review Lead Bank Scheme - Providing banking services in every village having population of over 2000 by March 2011
RBI/ 2009-10/233 RPCD.CO.LBS.HLC.BC.No.43@@NBSP@@ /02.19.10/2009-10 November 27, 2009 CMDs of all SLBC Convenor Banks (As per list) Dear Sir, High Level Committee to Review Lead Bank Scheme – Providing banking services in every village having population of over 2000 by March 2011 As you may be aware, the High Level Committee on Lead Bank Scheme constituted by the Reserve Bank of India with Smt. Usha Thorat, Deputy Governor, as Chairperson has submitted its Report on A
RBI/ 2009-10/233 RPCD.CO.LBS.HLC.BC.No.43@@NBSP@@ /02.19.10/2009-10 November 27, 2009 CMDs of all SLBC Convenor Banks (As per list) Dear Sir, High Level Committee to Review Lead Bank Scheme – Providing banking services in every village having population of over 2000 by March 2011 As you may be aware, the High Level Committee on Lead Bank Scheme constituted by the Reserve Bank of India with Smt. Usha Thorat, Deputy Governor, as Chairperson has submitted its Report on A
Nov 13, 2009
StCBs/DCCBs - Safe Deposit Lockers
RBI / 2009-10/ 218 RPCD.CO.RF. BC. No.42/07.38.01/ 2009-10 November 13, 2009 All State and Central Co-operative Banks Dear Sir, Safe Deposit Lockers Please refer to Paragraph 5 of our circular RPCD.CO.RF.BC.No.95/ 07.38.01/2006-07 dated May 18, 2007, wherein banks were advised to ensure that the identification code of the bank / branch is embossed on all the locker keys with a view to facilitate Authorities in identifying the ownership of the locker keys. 2. In view o
RBI / 2009-10/ 218 RPCD.CO.RF. BC. No.42/07.38.01/ 2009-10 November 13, 2009 All State and Central Co-operative Banks Dear Sir, Safe Deposit Lockers Please refer to Paragraph 5 of our circular RPCD.CO.RF.BC.No.95/ 07.38.01/2006-07 dated May 18, 2007, wherein banks were advised to ensure that the identification code of the bank / branch is embossed on all the locker keys with a view to facilitate Authorities in identifying the ownership of the locker keys. 2. In view o
Nov 09, 2009
Scheduled StCBs - Maintenance of CRR on Exempted Categories
RBI/2009-10/212 RPCD.CO.RF.BC.No.40/07.02.01/2009-10 @@NBSP@@ November 09, 2009 All Scheduled State Co-operative Banks Dear Sir, Maintenance of Cash Reserve Ratio (CRR) on Exempted Categories Please refer to our circular RPCD.CO.RF.BC.No.77/07.02.01/2006-07 dated April 24, 2007 on the captioned subject. 2. As announced in the Second Quarter Review of Monetary Policy 2009-10 released on October 27, 2009, it has been decided that liabilities of scheduled state co-operat
RBI/2009-10/212 RPCD.CO.RF.BC.No.40/07.02.01/2009-10 @@NBSP@@ November 09, 2009 All Scheduled State Co-operative Banks Dear Sir, Maintenance of Cash Reserve Ratio (CRR) on Exempted Categories Please refer to our circular RPCD.CO.RF.BC.No.77/07.02.01/2006-07 dated April 24, 2007 on the captioned subject. 2. As announced in the Second Quarter Review of Monetary Policy 2009-10 released on October 27, 2009, it has been decided that liabilities of scheduled state co-operat
Nov 09, 2009
RRBs - Maintenance of CRR on Exempted Categories
RBI/2009-10/ 214 RPCD.CO.RRB.BC No. 41/ 03.05.28(B)/ 2009-10 @@NBSP@@November 9, 2009 The Chairman All Regional Rural Banks Dear Sir, Maintenance of Cash Reserve Ratio (CRR) on Exempted Categories Please refer to our circular RPCD.RRB.CO.BC.No.72/03.05.28(B)/2006-07 dated April 24, 2007 on the captioned subject. 2. As announced in the Second Quarter Review of Monetary Policy 2009-10 released on October 27, 2009, it has been decided that liabilities of Regional Rural B
RBI/2009-10/ 214 RPCD.CO.RRB.BC No. 41/ 03.05.28(B)/ 2009-10 @@NBSP@@November 9, 2009 The Chairman All Regional Rural Banks Dear Sir, Maintenance of Cash Reserve Ratio (CRR) on Exempted Categories Please refer to our circular RPCD.RRB.CO.BC.No.72/03.05.28(B)/2006-07 dated April 24, 2007 on the captioned subject. 2. As announced in the Second Quarter Review of Monetary Policy 2009-10 released on October 27, 2009, it has been decided that liabilities of Regional Rural B
Nov 05, 2009
RRBs - Combating Financing of Terrorism - Unlawful Activities (Prevention) Act, 1967 - Obligation of banks
RBI/2009-10/206 RPCD.CO RRB.No. 39 /03.05.33(E)/2009-10 November 05, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Combating Financing of Terrorism - Unlawful Activities (Prevention) Act, 1967 – Obligation of banks Please refer to our circular RPCD.CO.RRB.No.BC.50/03.05.33(E)/2007-08 dated February 27, 2008 on Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT). 2. In paragraph 5 (b) of the above
RBI/2009-10/206 RPCD.CO RRB.No. 39 /03.05.33(E)/2009-10 November 05, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Combating Financing of Terrorism - Unlawful Activities (Prevention) Act, 1967 – Obligation of banks Please refer to our circular RPCD.CO.RRB.No.BC.50/03.05.33(E)/2007-08 dated February 27, 2008 on Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT). 2. In paragraph 5 (b) of the above
Oct 29, 2009
StCBs/DCCBs - Combating Financing of Terrorism - Unlawful Activities (Prevention) Act, 1967 - Obligation of banks
RBI/2009-10/198 RPCD.CO.RF.AML.BC. No. 34/ 07.40.00/ 2009-10 October 29, 2009 All State and Central Co-operative Banks Dear Sir, Combating Financing of Terrorism - Unlawful Activities (Prevention) Act, 1967 – Obligation of banks Please refer to our circular RPCD.CO.RF.AML.BC.No.51/07.40.00/2007-08 dated February 28, 2008 on Know Your Customer (KYC) norms /Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT). 2. In paragraph 5 of the above ci
RBI/2009-10/198 RPCD.CO.RF.AML.BC. No. 34/ 07.40.00/ 2009-10 October 29, 2009 All State and Central Co-operative Banks Dear Sir, Combating Financing of Terrorism - Unlawful Activities (Prevention) Act, 1967 – Obligation of banks Please refer to our circular RPCD.CO.RF.AML.BC.No.51/07.40.00/2007-08 dated February 28, 2008 on Know Your Customer (KYC) norms /Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT). 2. In paragraph 5 of the above ci
Oct 29, 2009
RRBs - SLR increased
RBI/2009-10/201 RPCD.CO.RRB.BC.No.38@@NBSP@@ /03.05.28(B)/2009-10 October 29, 2009 The Chairman All Regional Rural Banks Dear Sir, Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio (SLR) - RRBs Please refer to our circular RPCD.CO.RRB. BC.58/03.05.28 (B)/2008-09 @@NBSP@@dated November 3, 2008 on the captioned subject. 2.@@NBSP@@ As announced in the Second Quarter Review of Monetary Policy 2009-10 released on October 27, 2009, it h
RBI/2009-10/201 RPCD.CO.RRB.BC.No.38@@NBSP@@ /03.05.28(B)/2009-10 October 29, 2009 The Chairman All Regional Rural Banks Dear Sir, Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio (SLR) - RRBs Please refer to our circular RPCD.CO.RRB. BC.58/03.05.28 (B)/2008-09 @@NBSP@@dated November 3, 2008 on the captioned subject. 2.@@NBSP@@ As announced in the Second Quarter Review of Monetary Policy 2009-10 released on October 27, 2009, it h
Oct 29, 2009
RRBs - Maintenance of SLR
RBI/2009-10/200 RPCD.CO.RRB.BC No. 36 / 03.05.28(B)/ 2009-10 October 29, 2009 The Chairman All Regional Rural Banks Madam/ Dear Sir, Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.CO.RRB.No.BC.47/03.05.28(B)/2007-08 February 14, 2008 forwarding therewith the notification RPCD.CO.RRB. No.8483 / 03.05.28(B)/2007-08 dated February 14, 2008, on the captioned subject. 2. In partial modificatio
RBI/2009-10/200 RPCD.CO.RRB.BC No. 36 / 03.05.28(B)/ 2009-10 October 29, 2009 The Chairman All Regional Rural Banks Madam/ Dear Sir, Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.CO.RRB.No.BC.47/03.05.28(B)/2007-08 February 14, 2008 forwarding therewith the notification RPCD.CO.RRB. No.8483 / 03.05.28(B)/2007-08 dated February 14, 2008, on the captioned subject. 2. In partial modificatio
Oct 22, 2009
2 per cent interest subvention scheme continued/1 per cent additional incentive subvention for short-term crop loans in 2009-10
RBI / 2009-10/186 RPCD.No.PLFS.BC. 33/05.04.02/2009-10 October 22, 2009 The Chairman/Managing Director All Public Sector Banks Dear Sir, Union Budget – 2009-10 – Proposal for continuation of 2 per cent interest subvention scheme and 1 per cent additional incentive subvention for short-term crop loans in 2009-10 As you are aware, the Hon’ble Finance Minister, in his Budget Speech (paragraph 27) for 2009-10 had announced as follows: "I propose to continue the interest s
RBI / 2009-10/186 RPCD.No.PLFS.BC. 33/05.04.02/2009-10 October 22, 2009 The Chairman/Managing Director All Public Sector Banks Dear Sir, Union Budget – 2009-10 – Proposal for continuation of 2 per cent interest subvention scheme and 1 per cent additional incentive subvention for short-term crop loans in 2009-10 As you are aware, the Hon’ble Finance Minister, in his Budget Speech (paragraph 27) for 2009-10 had announced as follows: "I propose to continue the interest s
Oct 20, 2009
Credit Information Companies (Regulation) (Removal of Difficulties) Order, 2008
RBI/2009-10/185 RPCD.CO RRB.No. 32/03.05.33/2009-10 October 20, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Credit Information Companies (Regulation) (Removal of Difficulties) Order, 2008 As you are aware, the Credit Information Companies (Regulation) Act, 2005 has been operationalised with effect from December 14, 2006. In terms of Section 15(1) of the Act, every credit institution has to become member of at least one credit information company within
RBI/2009-10/185 RPCD.CO RRB.No. 32/03.05.33/2009-10 October 20, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Credit Information Companies (Regulation) (Removal of Difficulties) Order, 2008 As you are aware, the Credit Information Companies (Regulation) Act, 2005 has been operationalised with effect from December 14, 2006. In terms of Section 15(1) of the Act, every credit institution has to become member of at least one credit information company within
Oct 12, 2009
StCBs/DCCBs - Payment of Interest on Savings Bank Account on a Daily Basis
RBI/2009-10/181 RPCD.CO.RF.BC.No.31/07.38.01/2009-10 @@NBSP@@October 12, 2009 All State and Central Co-operative Banks Dear Sir, Payment of interest on Saving Bank Account on a Daily Product Basis@@NBSP@@ @@NBSP@@ Please refer to paragraph 3 (iii) of our directive RPCD.No.RF.Dir.BC.53/D.1-87/88 dated November 2, 1987, in terms of which interest in the case of savings deposits shall be calculated on the minimum balance to the credit of the deposit account during the pe
RBI/2009-10/181 RPCD.CO.RF.BC.No.31/07.38.01/2009-10 @@NBSP@@October 12, 2009 All State and Central Co-operative Banks Dear Sir, Payment of interest on Saving Bank Account on a Daily Product Basis@@NBSP@@ @@NBSP@@ Please refer to paragraph 3 (iii) of our directive RPCD.No.RF.Dir.BC.53/D.1-87/88 dated November 2, 1987, in terms of which interest in the case of savings deposits shall be calculated on the minimum balance to the credit of the deposit account during the pe
Oct 06, 2009
RRBs - Priority Sector Lending - Categorisation of activities under service under the MSMED Act, 2006
RBI/2009-10/178 RPCD.CO RRB.No. 29 /03.05.33/2009-10 October 6, 2009 The Chairman All Regional Rural Banks Dear Sir, Priority Sector Lending - Categorisation of activities under service under the MSMED Act, 2006 In terms of paragraphs 2.1.1 and 2.1.2 of Section I of the guidelines on lending to priority sector enclosed to circular RPCD.No.RRB.BC.20/ 03.05.33/2007-08 dated August 22, 2007, credit to small enterprises includes loans granted to micro and small (manufactu
RBI/2009-10/178 RPCD.CO RRB.No. 29 /03.05.33/2009-10 October 6, 2009 The Chairman All Regional Rural Banks Dear Sir, Priority Sector Lending - Categorisation of activities under service under the MSMED Act, 2006 In terms of paragraphs 2.1.1 and 2.1.2 of Section I of the guidelines on lending to priority sector enclosed to circular RPCD.No.RRB.BC.20/ 03.05.33/2007-08 dated August 22, 2007, credit to small enterprises includes loans granted to micro and small (manufactu
Sep 30, 2009
StCBs/DCCBs - KYC Norms/AML Standards/Combating of Financing of Terrorism/Obligation of Banks under PMLA, 2002
RBI / 2009-10/174 RPCD.CO.RF.AML.BC. No. 28/07.40.00/2009-10 September 30, 2009 All State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of Banks under PMLA, 2002 Please refer to our circulars RPCD.AML.BC.No.80/07.40.00/2004-05 dated February 18, 2005 and RPCD.CO.RF.AML.BC.65 /07.02.12/2005-06 dated March 3, 2006 on the captioned subject. Preservat
RBI / 2009-10/174 RPCD.CO.RF.AML.BC. No. 28/07.40.00/2009-10 September 30, 2009 All State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of Banks under PMLA, 2002 Please refer to our circulars RPCD.AML.BC.No.80/07.40.00/2004-05 dated February 18, 2005 and RPCD.CO.RF.AML.BC.65 /07.02.12/2005-06 dated March 3, 2006 on the captioned subject. Preservat
Sep 29, 2009
StCBs/DCCBs - Forms of Business in which co-operative banks may engage in
RBI/2009-10/172 RPCD.CO.RF.BC.No. 26 /07.07.11/2009-10 September 29, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Section 6 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Forms of Business in which co-operative banks may engage A reference is invited to Section 6 (1)(f) of the Banking Regulation Act, 1949 (AACS), in terms of which co-operative banks may engage in managing, selling
RBI/2009-10/172 RPCD.CO.RF.BC.No. 26 /07.07.11/2009-10 September 29, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Section 6 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Forms of Business in which co-operative banks may engage A reference is invited to Section 6 (1)(f) of the Banking Regulation Act, 1949 (AACS), in terms of which co-operative banks may engage in managing, selling
Sep 29, 2009
KYC Norms/AML Standards and Obligation of RRBS under PMLA, 2002
RBI/2009-10/171 RPCD.CO.RRB.BC.No. 27 / 03.05.33(E)/2009-10 September 29, 2009 The Chairman All Regional Rural Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards and obligation of Regional Rural Banks (RRBS) under PMLA, 2002 ----------------------------------------------------------------------------------- Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33 (E) / 2004-05 dated February 18, 2005 and RPCD. CO.RRB.AML.BC.68/03.05
RBI/2009-10/171 RPCD.CO.RRB.BC.No. 27 / 03.05.33(E)/2009-10 September 29, 2009 The Chairman All Regional Rural Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards and obligation of Regional Rural Banks (RRBS) under PMLA, 2002 ----------------------------------------------------------------------------------- Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33 (E) / 2004-05 dated February 18, 2005 and RPCD. CO.RRB.AML.BC.68/03.05
Sep 24, 2009
RRBs - Payment of Interest on Savings Bank Account on a Daily Product Basis
RBI/2009-10/169 RPCD.CO.RRB.BC.No. 25 /03.05.33/2009-10 September 24, 2009 The Chairman All Regional Rural Banks Dear Sir, Payment of Interest on Savings Bank Account on a Daily Product Basis Please refer to para 2(iii) of the directive DBOD.No.Dir.BC.151/C.347-85 dated December 27,1985, in terms of which interest@@NBSP@@in the case of savings deposits, shall be calculated on the minimum balance to the credit of the deposit account during the period from the 10th to t
RBI/2009-10/169 RPCD.CO.RRB.BC.No. 25 /03.05.33/2009-10 September 24, 2009 The Chairman All Regional Rural Banks Dear Sir, Payment of Interest on Savings Bank Account on a Daily Product Basis Please refer to para 2(iii) of the directive DBOD.No.Dir.BC.151/C.347-85 dated December 27,1985, in terms of which interest@@NBSP@@in the case of savings deposits, shall be calculated on the minimum balance to the credit of the deposit account during the period from the 10th to t
Sep 18, 2009
Priority Sector Lending - Categorisation of activities under service under the MSMED Act, 2006
RBI/2009-10/164 RPCD.CO.Plan.BC. 24 /04.09.01/2009-10 @@NBSP@@September 18, 2009 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending – Categorisation of activities under service under the MSMED Act, 2006 In terms of paragraphs 2.1.1 and 2.1.2 of Section I of the Master Circular dated July 1, 2009 on Lending to Priority Sector, credit to small enterprises includes l
RBI/2009-10/164 RPCD.CO.Plan.BC. 24 /04.09.01/2009-10 @@NBSP@@September 18, 2009 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending – Categorisation of activities under service under the MSMED Act, 2006 In terms of paragraphs 2.1.1 and 2.1.2 of Section I of the Master Circular dated July 1, 2009 on Lending to Priority Sector, credit to small enterprises includes l
Sep 17, 2009
StCBs/DCCBs - Display of information regarding Local Level Committees set up under the National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999
RBI/ 2009-10/161 RPCD.CO.RF.BC.No.22 /07.40.06/2009-10@@NBSP@@ September 17, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Display of Information regarding Local Level Committees set up under the National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999 Please refer to our circular RPCD.CO.RF.BC.No.37/07.40.06/2007-08 dated November 20, 2007, where
RBI/ 2009-10/161 RPCD.CO.RF.BC.No.22 /07.40.06/2009-10@@NBSP@@ September 17, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Display of Information regarding Local Level Committees set up under the National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999 Please refer to our circular RPCD.CO.RF.BC.No.37/07.40.06/2007-08 dated November 20, 2007, where
Sep 16, 2009
StCBs/DCCBs - Agriclutural Debt Waiver and Debt Relief Scheme, 2009 - Prudential Norms
RBI/2009-10/160 RPCD.CO.RF.BC.No.23 /07.37.02/2009-10 September 16, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy Please refer to our circulars RPCD.CO.RF.BC.No.17/ 07.38.03/2008-09 dated July 30, 2008, RPCD.CO.RF.BC.No.91 /07.37.02 /2008-09 dated March 6, 2009 and
RBI/2009-10/160 RPCD.CO.RF.BC.No.23 /07.37.02/2009-10 September 16, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy Please refer to our circulars RPCD.CO.RF.BC.No.17/ 07.38.03/2008-09 dated July 30, 2008, RPCD.CO.RF.BC.No.91 /07.37.02 /2008-09 dated March 6, 2009 and
Sep 14, 2009
Finance for Housing Projects -Disclosure of Information on Mortgage of Property
RBI/2009-10/155 RPCD.CO.RRB.BC.No. 21 /03.05.33/2009-10 September 14, 2009 Chairman All Regional Rural Banks Dear Sir, Finance for Housing Projects – Incorporating clause in the terms and conditions to disclose in Pamphlets/Brochures/advertisements information regarding mortgage of property to Regional Rural Banks (RRBs) @@NBSP@@ We advise that in a case which came up before the Hon’ble High Court of Judicature at Bombay, the Hon’ble Court observed that the bank grant
RBI/2009-10/155 RPCD.CO.RRB.BC.No. 21 /03.05.33/2009-10 September 14, 2009 Chairman All Regional Rural Banks Dear Sir, Finance for Housing Projects – Incorporating clause in the terms and conditions to disclose in Pamphlets/Brochures/advertisements information regarding mortgage of property to Regional Rural Banks (RRBs) @@NBSP@@ We advise that in a case which came up before the Hon’ble High Court of Judicature at Bombay, the Hon’ble Court observed that the bank grant
Sep 11, 2009
RRBs - Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account
RBI/2009-10/154 RPCD.CO.RRB.BC.No.19 /03.05.33/2009-10 September 11, 2009 The Chairman All Regional Rural Banks Dear Sir, Collection of Account Payee Cheques -Prohibition on Crediting Proceeds to Third Party Account Please refer to our circular@@NBSP@@RPCD.CO.RF.BC.No.78/07.38.03/2005-06 dated April 27,2006 in terms of which banks are prohibited from crediting 'account payee' cheque to the account of any person other than the payee named therein. 2. It has been brough
RBI/2009-10/154 RPCD.CO.RRB.BC.No.19 /03.05.33/2009-10 September 11, 2009 The Chairman All Regional Rural Banks Dear Sir, Collection of Account Payee Cheques -Prohibition on Crediting Proceeds to Third Party Account Please refer to our circular@@NBSP@@RPCD.CO.RF.BC.No.78/07.38.03/2005-06 dated April 27,2006 in terms of which banks are prohibited from crediting 'account payee' cheque to the account of any person other than the payee named therein. 2. It has been brough
Sep 11, 2009
RRBS - Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms
RBI/2009-10-153 RPCD.CO.RRB.BC No. 20/03.05.72/2009-10 September 11, 2009 The Chairman All Regional Rural Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008– Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy- RRBs Please refer to our circulars RPCD.CO.RRB.No.BC.18 /03.05.072/2008-09 dated July 30, 2008; RPCD.CO.RRB.No.BC.64/ 03.05.072/ 2008-09 dated November 17, 2008,@@NBSP@@ RPCD.CO. RRB. No.BC.92/ 03.0
RBI/2009-10-153 RPCD.CO.RRB.BC No. 20/03.05.72/2009-10 September 11, 2009 The Chairman All Regional Rural Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008– Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy- RRBs Please refer to our circulars RPCD.CO.RRB.No.BC.18 /03.05.072/2008-09 dated July 30, 2008; RPCD.CO.RRB.No.BC.64/ 03.05.072/ 2008-09 dated November 17, 2008,@@NBSP@@ RPCD.CO. RRB. No.BC.92/ 03.0
Sep 07, 2009
Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account
RBI/2009-10/148 RPCD.CO.RF.BC.No.18 /07.38.03/2009-10 September@@NBSP@@ 7, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account Please refer to our circular RPCD.CO.RF.BC.No.78/07.38.03/2005-06 dated April 27, 2006 in terms of which banks are prohibited from crediting 'account payee' cheque to the account of any person other tha
RBI/2009-10/148 RPCD.CO.RF.BC.No.18 /07.38.03/2009-10 September@@NBSP@@ 7, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account Please refer to our circular RPCD.CO.RF.BC.No.78/07.38.03/2005-06 dated April 27, 2006 in terms of which banks are prohibited from crediting 'account payee' cheque to the account of any person other tha
Sep 04, 2009
RRBs - Cash Management Bills eligible as SLR Securities
RBI/2009-10/146 RPCD.CO.RRB.BC No. 17/ 03.05.28(B)/ 2009-10 September 4, 2009 The Chairman All Regional Rural Banks Dear Sir, Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio (SLR) Please refer to the Reserve Bank Press Release : 2009-2010/227 dated August 10, 2009 on the issuance of Government of India Cash Management Bills. We advise that the proposed cash management bill will be treated as Government of India Treasury Bills un
RBI/2009-10/146 RPCD.CO.RRB.BC No. 17/ 03.05.28(B)/ 2009-10 September 4, 2009 The Chairman All Regional Rural Banks Dear Sir, Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio (SLR) Please refer to the Reserve Bank Press Release : 2009-2010/227 dated August 10, 2009 on the issuance of Government of India Cash Management Bills. We advise that the proposed cash management bill will be treated as Government of India Treasury Bills un
Aug 24, 2009
Collateral Free loans - Micro and Small Enterprises(MSEs)
RBI/2009-10/129 RPCD.SME&NFS.BC.No.16/06.02.31(P) /2009-10 August@@NBSP@@ 24, 2009 The Chairman/Managing Director All Scheduled Commercial Banks (including RRBs & Local Area Banks) Dear Sir, Collateral Free loans – Micro and Small Enterprises(MSEs) Please refer to our circular RPCD.SME&NFS. BC No. 84A /06.02.31(P)@@NBSP@@ /2008-09 dated January 20, 2009 regarding extending collateral free loans upto Rs. 5 lakh sanctioned to the units of MSE sector (both ma
RBI/2009-10/129 RPCD.SME&NFS.BC.No.16/06.02.31(P) /2009-10 August@@NBSP@@ 24, 2009 The Chairman/Managing Director All Scheduled Commercial Banks (including RRBs & Local Area Banks) Dear Sir, Collateral Free loans – Micro and Small Enterprises(MSEs) Please refer to our circular RPCD.SME&NFS. BC No. 84A /06.02.31(P)@@NBSP@@ /2008-09 dated January 20, 2009 regarding extending collateral free loans upto Rs. 5 lakh sanctioned to the units of MSE sector (both ma
Aug 13, 2009
StCBs/DCCBs - Housing Finance
RBI/2009-10/120 RPCD CO.RCBD. BC. No.15 /03.03.01/2009-10 August 13, 2009 All State and Central Co-operative Banks Dear Sir Housing Finance Please refer to our circular RPCD No. PLNFS. BC. 51/06.11.02/97-98 dated October 31, 1997 read with circulars RPCD No. PLNFS. BC. 04/06.11.02/97-98 dated July 5, 1997 and RPCD No. PLNFS. BC. 122/06.11.02/94-95 dated February 24, 1995 on the captioned subject. In terms of the extant instructions, the maximum quantum of housing loan
RBI/2009-10/120 RPCD CO.RCBD. BC. No.15 /03.03.01/2009-10 August 13, 2009 All State and Central Co-operative Banks Dear Sir Housing Finance Please refer to our circular RPCD No. PLNFS. BC. 51/06.11.02/97-98 dated October 31, 1997 read with circulars RPCD No. PLNFS. BC. 04/06.11.02/97-98 dated July 5, 1997 and RPCD No. PLNFS. BC. 122/06.11.02/94-95 dated February 24, 1995 on the captioned subject. In terms of the extant instructions, the maximum quantum of housing loan
Aug 04, 2009
Inter-Bank Participations
RBI/2009-10/113 RPCD.CO.RRB.BC.No.13 /03.05.33/2009-10 August 4, 2009 The Chairman All Regional Rural Banks Dear Sir, Inter-Bank Participations In terms of our Circular DBOD No.BP.BC.57/62-88 dated December 31, 1988 (copy enclosed) a scheme of Inter-Bank Participat- ion Certificate (IBPC) was introduced for scheduled commercial banks. 2.@@NBSP@@ It has been decided that henceforth, Regional Rural Banks (RRBs) can also issue IBPC of a tenor of 180 days on risk sharing
RBI/2009-10/113 RPCD.CO.RRB.BC.No.13 /03.05.33/2009-10 August 4, 2009 The Chairman All Regional Rural Banks Dear Sir, Inter-Bank Participations In terms of our Circular DBOD No.BP.BC.57/62-88 dated December 31, 1988 (copy enclosed) a scheme of Inter-Bank Participat- ion Certificate (IBPC) was introduced for scheduled commercial banks. 2.@@NBSP@@ It has been decided that henceforth, Regional Rural Banks (RRBs) can also issue IBPC of a tenor of 180 days on risk sharing
Aug 04, 2009
Section 23 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Policy for opening of new place of business by State Co-operative Banks
RBI/2009-2010/114 RPCD.CO.RF.BC.No.@@NBSP@@14 / 07.06.00 / 2009-10 August 4, 2009 Shravana 12, Saka 1931 All State Co-operative Banks Dear Sir / Madam, Section 23 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Policy for opening of new place of business by State Co-operative Banks On a review of the policy for opening of new place of business, under Section 23 of the Banking Regulation Act, 1949 (AACS) by State Co-operative Banks, it h
RBI/2009-2010/114 RPCD.CO.RF.BC.No.@@NBSP@@14 / 07.06.00 / 2009-10 August 4, 2009 Shravana 12, Saka 1931 All State Co-operative Banks Dear Sir / Madam, Section 23 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Policy for opening of new place of business by State Co-operative Banks On a review of the policy for opening of new place of business, under Section 23 of the Banking Regulation Act, 1949 (AACS) by State Co-operative Banks, it h
Jul 01, 2009
Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning and Capital Adequacy- RRBs
RBI/2009-10/92 RPCD.CO.RRB.BC No. 11/03.05.33/2009-10 July 1, 2009 The Chairman All Regional Rural Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification and Provisioning and Capital Adequacy- RRBs Please refer to our circulars RPCD.CO.RRB.No.BC.18 /03.05.072/2008-09 July 30, 2008; RPCD.CO.RRB.No.BC.64/ 03.05.072/ 2008-09 November 17, 2008 and RPCD.CO. RRB. No.BC.92/ 03.05.072/ 2008-09 March
RBI/2009-10/92 RPCD.CO.RRB.BC No. 11/03.05.33/2009-10 July 1, 2009 The Chairman All Regional Rural Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification and Provisioning and Capital Adequacy- RRBs Please refer to our circulars RPCD.CO.RRB.No.BC.18 /03.05.072/2008-09 July 30, 2008; RPCD.CO.RRB.No.BC.64/ 03.05.072/ 2008-09 November 17, 2008 and RPCD.CO. RRB. No.BC.92/ 03.05.072/ 2008-09 March
Jun 30, 2009
Continuation of Self Employment Scheme for Rehabilitation of Manual Scavengers(SRMS) beyond March 2009
RBI/2008-09/515 RPCD.SP.BC.No.117 /09.03.01/2008-09 June 30, 2009 The Chairman /Managing Directors All Indian Public Sector Banks (Excluding RRBs) Dear Sir, Continuation of Self Employment Scheme for Rehabilitation of Manual Scavengers(SRMS) beyond March 2009 Please refer to our Circular RPCD.SP.BC.No 57/09.03.01/2007-08 dated April 15, 2008 advising the banks about the new and improved scheme approved by the government of India named, “Self Employment Scheme for Reha
RBI/2008-09/515 RPCD.SP.BC.No.117 /09.03.01/2008-09 June 30, 2009 The Chairman /Managing Directors All Indian Public Sector Banks (Excluding RRBs) Dear Sir, Continuation of Self Employment Scheme for Rehabilitation of Manual Scavengers(SRMS) beyond March 2009 Please refer to our Circular RPCD.SP.BC.No 57/09.03.01/2007-08 dated April 15, 2008 advising the banks about the new and improved scheme approved by the government of India named, “Self Employment Scheme for Reha
Jun 26, 2009
StCBs/DCCBs - Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning
RBI/2008-09/512 RPCD.CO.RF.BC.No. 116 /07.37.02/2008-09 June 26, 2009 All State and Central Co-operative Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning Please refer to our circulars RPCD.CO.RF.BC.No.17/07.38.03/2008-09 dated July 30, 2008, RPCD.CO.RF.BC.No.69/07.37.02/2008-09 dated November 17, 2008 and RPCD.CO.RF.BC.No.91/07.37.02/2008-09 dated March 6, 2009 on the
RBI/2008-09/512 RPCD.CO.RF.BC.No. 116 /07.37.02/2008-09 June 26, 2009 All State and Central Co-operative Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning Please refer to our circulars RPCD.CO.RF.BC.No.17/07.38.03/2008-09 dated July 30, 2008, RPCD.CO.RF.BC.No.69/07.37.02/2008-09 dated November 17, 2008 and RPCD.CO.RF.BC.No.91/07.37.02/2008-09 dated March 6, 2009 on the
Jun 22, 2009
RRBs - Valuation of Properties - Empanelment of Valuers
RBI/2008-09/506 RPCD.CO.RRB.BC.No.115/03.05.33/2008-09 June 22, 2009 All Regional Rural Banks Dear Sir, Valuation of properties - Empanelment of Valuers It has been observed that different banks follow different policies for valuation of properties and appointment of valuers for the purpose. The issue of correct and realistic valuation of fixed assets owned by banks and that accepted by them as collateral for a sizable portion of their advances portfolio assumes signi
RBI/2008-09/506 RPCD.CO.RRB.BC.No.115/03.05.33/2008-09 June 22, 2009 All Regional Rural Banks Dear Sir, Valuation of properties - Empanelment of Valuers It has been observed that different banks follow different policies for valuation of properties and appointment of valuers for the purpose. The issue of correct and realistic valuation of fixed assets owned by banks and that accepted by them as collateral for a sizable portion of their advances portfolio assumes signi
Jun 18, 2009
Controlling Office" renamed as "Regional Office"- RRBs
RBI/2008-09/504 RPCD.CO.RRB.BC No. 114/03.05.90-A/2008-09 June 18, 2009 All Regional Rural Banks Dear Sir, "Controlling Office" renamed as "Regional Office"- RRBs Please refer to paragraph 2 and 2.3 of our Master Circular on Branch Licensing - @@NBSP@@Regional Rural Banks (RRBs) RPCD.CO.RRB.No.BL.BC.07/ 03.05.90-A/2008-09 (RBI/2008-09/36) July 1, 2008 read with Circular RPCD. CO. RRB. BC. No. 101/ 03.05.90-A/ 2008-09 dated May 4, 2009, on the captioned subject. 2. We
RBI/2008-09/504 RPCD.CO.RRB.BC No. 114/03.05.90-A/2008-09 June 18, 2009 All Regional Rural Banks Dear Sir, "Controlling Office" renamed as "Regional Office"- RRBs Please refer to paragraph 2 and 2.3 of our Master Circular on Branch Licensing - @@NBSP@@Regional Rural Banks (RRBs) RPCD.CO.RRB.No.BL.BC.07/ 03.05.90-A/2008-09 (RBI/2008-09/36) July 1, 2008 read with Circular RPCD. CO. RRB. BC. No. 101/ 03.05.90-A/ 2008-09 dated May 4, 2009, on the captioned subject. 2. We
Jun 16, 2009
StCBs/DCCBs - Income Recognition/Asset Classification/Provisioning
RBI/2008-09/498 RPCD.CO.RF.BC.No.113/07.37.02/2008-09 June 16, 2009 All State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) Dear Sir, Income recognition, asset classification, provisioning and other related matters Short-term agricultural advances as well as advances for other purposes are granted by State Co-operative Banks/Central Co-operative Banks to Central Co-operative Banks/Primary Agricultural Credit Societies respectively for the purpose of
RBI/2008-09/498 RPCD.CO.RF.BC.No.113/07.37.02/2008-09 June 16, 2009 All State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) Dear Sir, Income recognition, asset classification, provisioning and other related matters Short-term agricultural advances as well as advances for other purposes are granted by State Co-operative Banks/Central Co-operative Banks to Central Co-operative Banks/Primary Agricultural Credit Societies respectively for the purpose of
Jun 03, 2009
StCBs/DCCBs - Valuation of properties - Empanelment of Valuers
RBI/2008-2009/490 RPCD.CO.RF.BC.No. 112 /07.37.02/2008-09 June 3, 2009 All State Co-operative Banks (StCBs) and@@NBSP@@ District Central Co-operative Banks (DCCBs)@@NBSP@@ Dear Sir, Valuation of properties - Empanelment of Valuers It has been observed that different banks follow different policies for valuation of properties and appointment of valuers for the purpose. The issue of correct and realistic valuation of fixed assets owned by banks and that accepted by them
RBI/2008-2009/490 RPCD.CO.RF.BC.No. 112 /07.37.02/2008-09 June 3, 2009 All State Co-operative Banks (StCBs) and@@NBSP@@ District Central Co-operative Banks (DCCBs)@@NBSP@@ Dear Sir, Valuation of properties - Empanelment of Valuers It has been observed that different banks follow different policies for valuation of properties and appointment of valuers for the purpose. The issue of correct and realistic valuation of fixed assets owned by banks and that accepted by them
Jun 02, 2009
Sub-Committee of SLBC for Export Promotion
RBI/2008-09/489 RPCD.LBS.CO.BC.No 111 /02.13.03/2008-09 June 02, 2009 All SLBC/UTLBC Convenor Banks, (As per mailing list) Dear Sir, Sub-Committee of SLBC for Export Promotion Please refer to RBI Circular letter DBOD.IECS.No. 43//04.02.10/2004-05 dated September 17, 2004 (copy enclosed) wherein all commercial banks were advised to set up a separate Sub-Committee under State Level Bankers’ Committee (SLBC) to discuss exporters’ problems in relation to export finance an
RBI/2008-09/489 RPCD.LBS.CO.BC.No 111 /02.13.03/2008-09 June 02, 2009 All SLBC/UTLBC Convenor Banks, (As per mailing list) Dear Sir, Sub-Committee of SLBC for Export Promotion Please refer to RBI Circular letter DBOD.IECS.No. 43//04.02.10/2004-05 dated September 17, 2004 (copy enclosed) wherein all commercial banks were advised to set up a separate Sub-Committee under State Level Bankers’ Committee (SLBC) to discuss exporters’ problems in relation to export finance an
May 29, 2009
RRBs - Submission of Certified Copies of Entries/Print Outs to Courts
RBI/2008-09/487 RPCD.CO.RRB.BC.No.110 @@NBSP@@/03.05.33/2008-09 May 29, 2009 The Chairman All Regional Rural Banks Dear Sir, The Bankers' Books Evidence Act, 1891 - Submission of @@NBSP@@Certified Copies of Entries / Print out to Courts In a recent case heard at the Court of a Civil Judge in Maharashtra, the Hon'ble Court advised Reserve Bank of India to instruct all banks that whenever they submit any data stored in their computer systems as evidence under Bankers' B
RBI/2008-09/487 RPCD.CO.RRB.BC.No.110 @@NBSP@@/03.05.33/2008-09 May 29, 2009 The Chairman All Regional Rural Banks Dear Sir, The Bankers' Books Evidence Act, 1891 - Submission of @@NBSP@@Certified Copies of Entries / Print out to Courts In a recent case heard at the Court of a Civil Judge in Maharashtra, the Hon'ble Court advised Reserve Bank of India to instruct all banks that whenever they submit any data stored in their computer systems as evidence under Bankers' B
May 25, 2009
StCBs/CCBs - Exposure to Commercial Real Estate
RBI/2008-09/482 RPCD.CO.RF.BC.No. 109 /07.38.01/2008-09 May 25, 2009 All State / Central Cooperative Banks (StCB/ CCBs) Dear Sir / Madam, Exposure to Commercial Real Estate It has come to our notice that certain State Cooperative and Central Cooperative Banks have extended finance to the commercial real estate sector. We advise that the primary role of the rural cooperative bank is to lend for activities related to agriculture and rural development. Further, taking ex
RBI/2008-09/482 RPCD.CO.RF.BC.No. 109 /07.38.01/2008-09 May 25, 2009 All State / Central Cooperative Banks (StCB/ CCBs) Dear Sir / Madam, Exposure to Commercial Real Estate It has come to our notice that certain State Cooperative and Central Cooperative Banks have extended finance to the commercial real estate sector. We advise that the primary role of the rural cooperative bank is to lend for activities related to agriculture and rural development. Further, taking ex
May 25, 2009
Credit delivery to Micro and Small Enterprises
RBI/2008-09/483 RPCD.SME&NFS.BC.No. 106 /06.02.31(P)/2008-09 May@@NBSP@@ 25, 2009 All Scheduled Commercial Banks (including RRBS & LABs) Dear Sir, Credit delivery to Micro and Small Enterprises Please refer to our circular RPCD.SME&NFS.BC.No.76/06.02.31(P)/2008-09 dated December 16, 2008 on the captioned subject. In this connection, we clarify that the guidelines contained therein pertain only to scheduled commercial banks and not to RRBs and LABs. Yours f
RBI/2008-09/483 RPCD.SME&NFS.BC.No. 106 /06.02.31(P)/2008-09 May@@NBSP@@ 25, 2009 All Scheduled Commercial Banks (including RRBS & LABs) Dear Sir, Credit delivery to Micro and Small Enterprises Please refer to our circular RPCD.SME&NFS.BC.No.76/06.02.31(P)/2008-09 dated December 16, 2008 on the captioned subject. In this connection, we clarify that the guidelines contained therein pertain only to scheduled commercial banks and not to RRBs and LABs. Yours f
May 22, 2009
RRBs - Unclaimed Deposits and Inoperative/Dormant Accounts
RBI/2008-09/481 RPCD.CO.RRB.BC.No.108 /03.05.33/2008-09 May 22, 2009 All Regional Rural Banks Dear Sir, Unclaimed deposits and inoperative / dormant accounts in banks In view of the increase in the amount of the unclaimed deposits with banks year after year and the inherent risk associated with such deposits, it is felt that banks should play a more pro-active role in finding the whereabouts of the account holders whose accounts have remained inoperative. Further, sev
RBI/2008-09/481 RPCD.CO.RRB.BC.No.108 /03.05.33/2008-09 May 22, 2009 All Regional Rural Banks Dear Sir, Unclaimed deposits and inoperative / dormant accounts in banks In view of the increase in the amount of the unclaimed deposits with banks year after year and the inherent risk associated with such deposits, it is felt that banks should play a more pro-active role in finding the whereabouts of the account holders whose accounts have remained inoperative. Further, sev
May 22, 2009
Formation of new district in Tamil Nadu - Assignment of Lead Bank Responsibility
RBI/2008-09/480 RPCD. CO. LBS.BC. No. 107/02.08.01/2008-09 May 22, 2009 The Chairman All Lead Banks Dear Sir, Formation of new district in Tamil Nadu – Assignment of Lead Bank Responsibility The Revenue Department, Government of Tamil Nadu vide their Gazette Notification No.G.O(Ms)No.618 dated 24th October 2008 have advised about the formation of new district viz. Tiruppur carved out of the existing Coimbatore and Erode districts covering@@NBSP@@ Tiruppur, Avanashi, P
RBI/2008-09/480 RPCD. CO. LBS.BC. No. 107/02.08.01/2008-09 May 22, 2009 The Chairman All Lead Banks Dear Sir, Formation of new district in Tamil Nadu – Assignment of Lead Bank Responsibility The Revenue Department, Government of Tamil Nadu vide their Gazette Notification No.G.O(Ms)No.618 dated 24th October 2008 have advised about the formation of new district viz. Tiruppur carved out of the existing Coimbatore and Erode districts covering@@NBSP@@ Tiruppur, Avanashi, P
May 15, 2009
‘RRBs - Levy of service charges for electronic payment products and outstation cheque collection/standardisation of charges for transfer of surplus clearing funds’
RBI/2008-09/478 RPCD.CO.RRB.BC.No.105 /03.05.33 /2008-09 @@NBSP@@ May 15, 2009 @@NBSP@@ All Regional Rural Banks @@NBSP@@ Dear Sir, @@NBSP@@ Levy of service charges for electronic payment products and outstation cheque collection and Standardisation of charges for transfer of surplus clearing funds @@NBSP@@ We enclose copies of circulars DPSS. CO. No. 1001 / 03.01.02 / 2007-08 dated January 8, 2008, DPSS. CO. No. 2092 / 03.01.02(P) / 2008-09 dated June 20, 2008 and DP
RBI/2008-09/478 RPCD.CO.RRB.BC.No.105 /03.05.33 /2008-09 @@NBSP@@ May 15, 2009 @@NBSP@@ All Regional Rural Banks @@NBSP@@ Dear Sir, @@NBSP@@ Levy of service charges for electronic payment products and outstation cheque collection and Standardisation of charges for transfer of surplus clearing funds @@NBSP@@ We enclose copies of circulars DPSS. CO. No. 1001 / 03.01.02 / 2007-08 dated January 8, 2008, DPSS. CO. No. 2092 / 03.01.02(P) / 2008-09 dated June 20, 2008 and DP
May 13, 2009
RRBs -Acknowledgement of Nomination/indicating Nominee Name in Pass Books/Fixed Deposit Receipts
RBI/2008-09/477 RPCD.CO.RRB.BC.No.103/03.05.28-A/2008-09 @@NBSP@@May 13, 2009 All Regional Rural Banks Dear Sir, Banking Companies (Nomination) Rules, 1985 – Acknowledgement of Nomination and indicating the Name of the Nominee in Pass Books / Fixed Deposit Receipts It has been brought to our notice that some Regional Rural Banks (RRBs) do not have the system of acknowledging the receipt of the duly completed form of nomination, cancellation and /or variation of the no
RBI/2008-09/477 RPCD.CO.RRB.BC.No.103/03.05.28-A/2008-09 @@NBSP@@May 13, 2009 All Regional Rural Banks Dear Sir, Banking Companies (Nomination) Rules, 1985 – Acknowledgement of Nomination and indicating the Name of the Nominee in Pass Books / Fixed Deposit Receipts It has been brought to our notice that some Regional Rural Banks (RRBs) do not have the system of acknowledging the receipt of the duly completed form of nomination, cancellation and /or variation of the no
May 07, 2009
Investment Portfolio of Banks - Transactions in Securities
RBI/2008-09/473 RPCD.CO.RF.BC.No. 104 /07.37.02/2008-09 May @@NBSP@@7, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Investment Portfolio of Banks – Transactions in Securities Please refer to our circular RPCD No.RF.BC.17/A.4–92/93 dated September 4, 1992 read with circulars RPCD NO. BC.154/07.02.08/94-95 dated May 23, 1995 and RPCD.CO.RF.BC.14/07.02.03/2005-06 dated July 13, 2005 on the captioned subject. 2. As pe
RBI/2008-09/473 RPCD.CO.RF.BC.No. 104 /07.37.02/2008-09 May @@NBSP@@7, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Investment Portfolio of Banks – Transactions in Securities Please refer to our circular RPCD No.RF.BC.17/A.4–92/93 dated September 4, 1992 read with circulars RPCD NO. BC.154/07.02.08/94-95 dated May 23, 1995 and RPCD.CO.RF.BC.14/07.02.03/2005-06 dated July 13, 2005 on the captioned subject. 2. As pe
May 04, 2009
"Controlling Office" renamed as "Regional Office"- RRBs
RBI/2008-2009/468 RPCD.CO.RRB.BC. No.101 /03.05.90-A /2008-09@@NBSP@@@@NBSP@@@@NBSP@@ May 4, 2009 All Regional Rural Banks Dear Sir, "Controlling Office" renamed as "Regional Office"- RRBs Please refer to paragraph 2 and 2.3 of our Master Circular on Branch Licensing -Regional Rural Banks (RRBs) RPCD. .RRB. No.BL. BC.07/03.05.90-A/2008-09 (RBI/2008-09/36) July 1, 2008. 2. We advise that Government of India have, while considering the various recommendations of the Com
RBI/2008-2009/468 RPCD.CO.RRB.BC. No.101 /03.05.90-A /2008-09@@NBSP@@@@NBSP@@@@NBSP@@ May 4, 2009 All Regional Rural Banks Dear Sir, "Controlling Office" renamed as "Regional Office"- RRBs Please refer to paragraph 2 and 2.3 of our Master Circular on Branch Licensing -Regional Rural Banks (RRBs) RPCD. .RRB. No.BL. BC.07/03.05.90-A/2008-09 (RBI/2008-09/36) July 1, 2008. 2. We advise that Government of India have, while considering the various recommendations of the Com
May 04, 2009
Credit delivery to the Micro and Small Enterprises Sector
RBI/2008-09/467 RPCD. SME&NFS. BC.No.102/06.04.01/2008-09 May 4, 2009 All Scheduled Commercial Banks Dear Sir / Madam, Credit delivery to the Micro and Small Enterprises Sector In recognition of the problems being faced by the Micro and Small Enterprises (MSE) sector, particularly with respect to rehabilitation of potentially viable sick units, the Reserve Bank had constituted a Working Group under the Chairmanship of Dr. K. C. Chakrabarty, Chairman & Managing
RBI/2008-09/467 RPCD. SME&NFS. BC.No.102/06.04.01/2008-09 May 4, 2009 All Scheduled Commercial Banks Dear Sir / Madam, Credit delivery to the Micro and Small Enterprises Sector In recognition of the problems being faced by the Micro and Small Enterprises (MSE) sector, particularly with respect to rehabilitation of potentially viable sick units, the Reserve Bank had constituted a Working Group under the Chairmanship of Dr. K. C. Chakrabarty, Chairman & Managing
Apr 24, 2009
The Bankers' Books Evidence Act, 1891 - Submission of Certified Copies of Entries / Print out to Courts
RBI/2008-09/457 RPCD.CO.RF.BC.No. 100 /07.38.03/2008-09 April@@NBSP@@ 24, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) @@NBSP@@ Dear Sir, @@NBSP@@ The Bankers' Books Evidence Act, 1891 - Submission of Certified Copies of Entries / Print out to Courts @@NBSP@@ In a recent case heard at the Court of a Civil Judge in Maharashtra, the Hon'ble Court advised Reserve Bank of India to instruct all banks that whenever they submit an
RBI/2008-09/457 RPCD.CO.RF.BC.No. 100 /07.38.03/2008-09 April@@NBSP@@ 24, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) @@NBSP@@ Dear Sir, @@NBSP@@ The Bankers' Books Evidence Act, 1891 - Submission of Certified Copies of Entries / Print out to Courts @@NBSP@@ In a recent case heard at the Court of a Civil Judge in Maharashtra, the Hon'ble Court advised Reserve Bank of India to instruct all banks that whenever they submit an
Apr 24, 2009
RRBs - Inclusion in / exclusion from the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2008-09/456 RPCD.CO.RRB.BC. No.99 / 03.05.100/2008-09 April 24, 2009 All Regional Rural Banks Dear Sir, Inclusion in / exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 – Regional Rural Banks (RRBs) We advise that the names of 8 amalgamated Regional Rural Banks have been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification RPCD.CO.RRB.No.7430/03.05.100 /2008-09 dated January 27, 2009 published in the Extrao
RBI/2008-09/456 RPCD.CO.RRB.BC. No.99 / 03.05.100/2008-09 April 24, 2009 All Regional Rural Banks Dear Sir, Inclusion in / exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 – Regional Rural Banks (RRBs) We advise that the names of 8 amalgamated Regional Rural Banks have been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification RPCD.CO.RRB.No.7430/03.05.100 /2008-09 dated January 27, 2009 published in the Extrao
Apr 21, 2009
Security Arrangement in bank branches- Regional Rural Banks
RBI/2008-09/443 RPCD.CO.RRB.BC.No.98@@NBSP@@ /03.05.28 /2008-09@@NBSP@@@@NBSP@@ April 21, 2009 The Chairman All Regional Rural Banks @@NBSP@@ Dear Sir, @@NBSP@@ Security Arrangement in bank branches- Regional Rural Banks @@NBSP@@ Considering the present law and order situation and other subversive activities carried out by antisocial/extremist organizations and the banks being vulnerable targets of such elements, it has become necessary to follow stringent security no
RBI/2008-09/443 RPCD.CO.RRB.BC.No.98@@NBSP@@ /03.05.28 /2008-09@@NBSP@@@@NBSP@@ April 21, 2009 The Chairman All Regional Rural Banks @@NBSP@@ Dear Sir, @@NBSP@@ Security Arrangement in bank branches- Regional Rural Banks @@NBSP@@ Considering the present law and order situation and other subversive activities carried out by antisocial/extremist organizations and the banks being vulnerable targets of such elements, it has become necessary to follow stringent security no
Apr 21, 2009
RRBs - Need for Bank Branches / ATMs to be made accessible to persons with disabilities
RBI / 2008-09/441 RPCD.CO.RRB.BC.No.97/03.05.90-A/2008-09 April 21, 2009 All Regional Rural Banks @@NBSP@@ Dear Sir, @@NBSP@@ Need for Bank Branches / ATMs to be made accessible to persons with disabilities @@NBSP@@ We have been receiving several suggestions including from Government of India to make bank branches and ATMs easily accessible to persons with disability by providing ramps so that wheel chair users can access them and the height of the machine is also app
RBI / 2008-09/441 RPCD.CO.RRB.BC.No.97/03.05.90-A/2008-09 April 21, 2009 All Regional Rural Banks @@NBSP@@ Dear Sir, @@NBSP@@ Need for Bank Branches / ATMs to be made accessible to persons with disabilities @@NBSP@@ We have been receiving several suggestions including from Government of India to make bank branches and ATMs easily accessible to persons with disability by providing ramps so that wheel chair users can access them and the height of the machine is also app
Apr 13, 2009
StCBs/DCCBs - Nomination - Acknowledgement/Indicating Nominee Name in Bank Pass Book/FDRs
RBI/2008-09/430 RPCD.CO.RF.BC.No.96/07.38.01/2008-09 April 13, 2009 All State / Central Co-operative Banks (StCBs/DCCBs) @@NBSP@@ Dear Sir, @@NBSP@@ Co-operative Banks (Nomination) Rules, 1985 - Acknowledgement of Nomination and indicating the Name of the Nominee in Pass Books / Fixed Deposit Receipts @@NBSP@@ As you may be aware, in terms of Rule 2(9), 3(8) and 4(9) of the Co-operative Banks (Nomination) Rules, 1985, banks are required to acknowledge in writing to th
RBI/2008-09/430 RPCD.CO.RF.BC.No.96/07.38.01/2008-09 April 13, 2009 All State / Central Co-operative Banks (StCBs/DCCBs) @@NBSP@@ Dear Sir, @@NBSP@@ Co-operative Banks (Nomination) Rules, 1985 - Acknowledgement of Nomination and indicating the Name of the Nominee in Pass Books / Fixed Deposit Receipts @@NBSP@@ As you may be aware, in terms of Rule 2(9), 3(8) and 4(9) of the Co-operative Banks (Nomination) Rules, 1985, banks are required to acknowledge in writing to th
Apr 13, 2009
StCBs/DCCBs - Levy of service charges for electronic payment products and outstation cheque collection and standardisation of charges for transfer of surplus clearing funds
RBI/2008-09/ 432 RPCD.CO.RF.BC.No.@@NBSP@@95 / 07.06.00 / 2008-09 April 13, 2009 23 Chaitra, Saka 1931 All State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) @@NBSP@@ Dear Sir / Madam, @@NBSP@@ Levy of service charges for electronic payment products and outstation cheque collection and Standardisation of charges for transfer of surplus clearing funds @@NBSP@@ We enclose copies of circulars DPSS.CO.No. 2092 / 03.01.02(P) / 2008-09 dated June 20, 200
RBI/2008-09/ 432 RPCD.CO.RF.BC.No.@@NBSP@@95 / 07.06.00 / 2008-09 April 13, 2009 23 Chaitra, Saka 1931 All State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) @@NBSP@@ Dear Sir / Madam, @@NBSP@@ Levy of service charges for electronic payment products and outstation cheque collection and Standardisation of charges for transfer of surplus clearing funds @@NBSP@@ We enclose copies of circulars DPSS.CO.No. 2092 / 03.01.02(P) / 2008-09 dated June 20, 200
Mar 26, 2009
Valuation of investment in SLR/Approved Securities by Regional Rural Banks (RRBs)
SPEED POST RBI/2008-09/420 @@NBSP@@ RPCD.RRB.BC.No.94/03.05.34/2008-09 March 26, 2009 @@NBSP@@ The Chairman All Regional Rural Banks/Sponsor Banks @@NBSP@@ Dear Sir, @@NBSP@@ Valuation of investment in SLR/Approved Securities by Regional Rural Banks (RRBs) @@NBSP@@ Please refer to our circular RPCD.RRB.BC.No.87/03.05.34/2006-07 dated May 8, 2007 on the above subject. 2. On a review of the issue it has been decided that the exemption granted to RRBs up to the financial
SPEED POST RBI/2008-09/420 @@NBSP@@ RPCD.RRB.BC.No.94/03.05.34/2008-09 March 26, 2009 @@NBSP@@ The Chairman All Regional Rural Banks/Sponsor Banks @@NBSP@@ Dear Sir, @@NBSP@@ Valuation of investment in SLR/Approved Securities by Regional Rural Banks (RRBs) @@NBSP@@ Please refer to our circular RPCD.RRB.BC.No.87/03.05.34/2006-07 dated May 8, 2007 on the above subject. 2. On a review of the issue it has been decided that the exemption granted to RRBs up to the financial
Mar 23, 2009
Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy
RBI/2008-09/413 RPCD.CO.RRB.BC.No.92 /03.05.072/2008-09 March 23, 2009 @@NBSP@@ All Regional Rural Banks @@NBSP@@ Dear Sir, @@NBSP@@ Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy @@NBSP@@ Please refer to our circulars RPCD.CO.RRB.No. BC 18/03.05.072/2008-09 dated July 30, 2008 and RPCD. CO.RRB.BC.No.64/03.05.072/2008-09 dated November 17, 2008 on the captioned sub
RBI/2008-09/413 RPCD.CO.RRB.BC.No.92 /03.05.072/2008-09 March 23, 2009 @@NBSP@@ All Regional Rural Banks @@NBSP@@ Dear Sir, @@NBSP@@ Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy @@NBSP@@ Please refer to our circulars RPCD.CO.RRB.No. BC 18/03.05.072/2008-09 dated July 30, 2008 and RPCD. CO.RRB.BC.No.64/03.05.072/2008-09 dated November 17, 2008 on the captioned sub
Mar 06, 2009
StCBs/DCCBs - ‘Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Last date for Repayment of First Instalment by Farmers extended’
RBI/2008-09/ 404 RPCD.CO.RF.BC.No.91 /07.37.02/2008-09 March 6, 2009 @@NBSP@@ All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) @@NBSP@@ Dear Sir, @@NBSP@@ Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy @@NBSP@@ Please refer to our circular RPCD.CO.RF.BC.No.17/07.38.03/2008-09 dated July 30, 2008 and RPCD.CO.RF.BC.No.69/07.37.02/2
RBI/2008-09/ 404 RPCD.CO.RF.BC.No.91 /07.37.02/2008-09 March 6, 2009 @@NBSP@@ All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) @@NBSP@@ Dear Sir, @@NBSP@@ Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy @@NBSP@@ Please refer to our circular RPCD.CO.RF.BC.No.17/07.38.03/2008-09 dated July 30, 2008 and RPCD.CO.RF.BC.No.69/07.37.02/2
Feb 27, 2009
Guidelines for Relief Measures by Banks to Poultry Units in West Bengal
RBI/ 2008-09/396 RPCD.PLFS. BC. No. 90 /05.04.02/ 2008-09 February @@NBSP@@27, 2009 The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir, Guidelines for Relief Measures by Banks to Poultry Units in West Bengal Please refer to our circular RPCD.PLFS.BC. No 48/05.04.02/ 2007-08@@NBSP@@dated February 19, 2008 wherein certain relief measures were announced for the Poultry Industry. 2. In addition to the above relief measures, it
RBI/ 2008-09/396 RPCD.PLFS. BC. No. 90 /05.04.02/ 2008-09 February @@NBSP@@27, 2009 The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir, Guidelines for Relief Measures by Banks to Poultry Units in West Bengal Please refer to our circular RPCD.PLFS.BC. No 48/05.04.02/ 2007-08@@NBSP@@dated February 19, 2008 wherein certain relief measures were announced for the Poultry Industry. 2. In addition to the above relief measures, it
Feb 18, 2009
StCBs/DCCBs - Unclaimed deposits and inoperative / dormant accounts in banks
RBI/2008-09/386 RPCD.CO.RF.BC.No.89 /07.38.01/2008-09 February 18, 2009 All State and Central Co-operative Banks @@NBSP@@ Dear Sir, @@NBSP@@ Unclaimed deposits and inoperative / dormant accounts in banks @@NBSP@@ In view of the increase in the amount of the unclaimed deposits with banks year after year and the inherent risk associated with such deposits, it is felt that banks should play a more pro-active role in finding the whereabouts of the account holders whose ac
RBI/2008-09/386 RPCD.CO.RF.BC.No.89 /07.38.01/2008-09 February 18, 2009 All State and Central Co-operative Banks @@NBSP@@ Dear Sir, @@NBSP@@ Unclaimed deposits and inoperative / dormant accounts in banks @@NBSP@@ In view of the increase in the amount of the unclaimed deposits with banks year after year and the inherent risk associated with such deposits, it is felt that banks should play a more pro-active role in finding the whereabouts of the account holders whose ac
Feb 06, 2009
StCBs/DCCBs - Delays in Cheque Collection
RBI / 2008-09 / 378 RPCD.CO.RF.BC.No.@@NBSP@@88 / 07.06.00 / 2008-09 February 6, 2009 17 Magha, Saka 1930 All State Co-operative Banks (StCBs) and Central Co-operative Banks (DCCBs) @@NBSP@@ Dear Sir / Madam, @@NBSP@@ Delays in Cheque Clearing - Case No. 82 of 2006 before National Consumer Disputes Redressal Commission @@NBSP@@ As you may be aware, during August 2006, a case was filed before National Consumer Disputes Redressal Commission, New Delhi (the Commission) u
RBI / 2008-09 / 378 RPCD.CO.RF.BC.No.@@NBSP@@88 / 07.06.00 / 2008-09 February 6, 2009 17 Magha, Saka 1930 All State Co-operative Banks (StCBs) and Central Co-operative Banks (DCCBs) @@NBSP@@ Dear Sir / Madam, @@NBSP@@ Delays in Cheque Clearing - Case No. 82 of 2006 before National Consumer Disputes Redressal Commission @@NBSP@@ As you may be aware, during August 2006, a case was filed before National Consumer Disputes Redressal Commission, New Delhi (the Commission) u
Feb 05, 2009
RRBs - Delay in Cheque Collection
RBI/2008-09/377 RPCD.CO.RRB.BC.No. 87 /03.05.33 /2008-09 February 05, 2009 The Chairman All Regional Rural Banks Dear Sir / Madam, Delays in Cheque Clearing - Case No. 82 of 2006 before National Consumer Disputes Redressal Commission As you may be aware, during August 2006, a case was filed before National Consumer Disputes Redressal Commission, New Delhi (the Commission) under the Consumer Protection Act, 1986 inviting attention to the delays in cheque clearing and,
RBI/2008-09/377 RPCD.CO.RRB.BC.No. 87 /03.05.33 /2008-09 February 05, 2009 The Chairman All Regional Rural Banks Dear Sir / Madam, Delays in Cheque Clearing - Case No. 82 of 2006 before National Consumer Disputes Redressal Commission As you may be aware, during August 2006, a case was filed before National Consumer Disputes Redressal Commission, New Delhi (the Commission) under the Consumer Protection Act, 1986 inviting attention to the delays in cheque clearing and,
Feb 04, 2009
Financial Literacy and Credit Counselling Centres (FLCCs)- Model Scheme
RBI/ 2008-09/371 RPCD.CO.MFFI.BC.No.86 /12.01.18/2008-09 @@NBSP@@February 4, 2009 @@NBSP@@ The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Including RRBs) @@NBSP@@ Dear Sir/Madam @@NBSP@@ Financial Literacy and Credit Counselling Centres (FLCCs)- Model Scheme @@NBSP@@ @@NBSP@@The Working Group to Examine the Procedures and Processes of Agricultural Loans (Chairman: Shri C. P. Swarnakar), appointed by Reserve Bank, had recommend
RBI/ 2008-09/371 RPCD.CO.MFFI.BC.No.86 /12.01.18/2008-09 @@NBSP@@February 4, 2009 @@NBSP@@ The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Including RRBs) @@NBSP@@ Dear Sir/Madam @@NBSP@@ Financial Literacy and Credit Counselling Centres (FLCCs)- Model Scheme @@NBSP@@ @@NBSP@@The Working Group to Examine the Procedures and Processes of Agricultural Loans (Chairman: Shri C. P. Swarnakar), appointed by Reserve Bank, had recommend
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