Financial Inclusion and Development

Priority Sector Lending -Scheme for financing Agriclinics and Agribusiness Centres

Reserve Bank of IndiaRural Planning & Credit DepartmentCentral OfficeCentral Office Building, 13th floor,Fort, Mumbai - 400 001RPCD.PLFS.BC.NO./12/ 05.02.02 /2002-200331 August 2002 The Chairman/ Chairman & Managing DirectorChief Executive OfficerAll Scheduled Commercial Banks(Excluding RRBs)Dear Sir,Priority Sector Lending -Scheme for financing Agriclinics and Agribusiness CentresPlease refer to our circular RPCD.PLFS.BC.NO./ 18 / 05.02.02 /2001-2002 dated 31

Reserve Bank of IndiaRural Planning & Credit DepartmentCentral OfficeCentral Office Building, 13th floor,Fort, Mumbai - 400 001RPCD.PLFS.BC.NO./12/ 05.02.02 /2002-200331 August 2002 The Chairman/ Chairman & Managing DirectorChief Executive OfficerAll Scheduled Commercial Banks(Excluding RRBs)Dear Sir,Priority Sector Lending -Scheme for financing Agriclinics and Agribusiness CentresPlease refer to our circular RPCD.PLFS.BC.NO./ 18 / 05.02.02 /2001-2002 dated 31

Priority Sector Lending -Scheme for financing Agriclinics and Agribusiness Centres

Swarnjayanti Gram Swarozgar Yojana (SGSY)-Family and Wilful defaulter- Clarification

RPCD.SP.BC. 99 /09.01.01/2001-024 June 2002The Chairman/Managing DirectorAll Scheduled Commercial Banks(Excluding RRBs)Dear Sir,Swarnjayanti Gram Swarozgar Yojana (SGSY)-Family and Wilful defaulter- ClarificationPlease refer to Para I of our Circular No. RPCD.SP.BC.23 dated 1 September 1999 wherein we have stated that Grama Sabhas form the basis for identification of families for assistance under SGSY. This is in accordance with Para 3.1 of the extant SGSY guidelines.

RPCD.SP.BC. 99 /09.01.01/2001-024 June 2002The Chairman/Managing DirectorAll Scheduled Commercial Banks(Excluding RRBs)Dear Sir,Swarnjayanti Gram Swarozgar Yojana (SGSY)-Family and Wilful defaulter- ClarificationPlease refer to Para I of our Circular No. RPCD.SP.BC.23 dated 1 September 1999 wherein we have stated that Grama Sabhas form the basis for identification of families for assistance under SGSY. This is in accordance with Para 3.1 of the extant SGSY guidelines.

Swarnjayanti Gram Swarozgar Yojana (SGSY)-Family and Wilful defaulter- Clarification

Accounting of subsidy amount under SJSRY

RPCD. SP. BC NO. 66 / 09.16.01 /2001-02March 07, 2002The Chairman / Managing Director,All Indian Scheduled Commercial Banks,(Except RRBs)Dear Sir, Accounting of subsidy amount under SJSRYPlease refer to our circular No. RPCD. SP. BC. 100/ 09.16.01/ 98-99 dated May 29, 1999, wherein banks were advised that the subsidy amount under USEP/DWCUA component of SJSRY is to be treated as back ended subsidy. Some banks have been seeking clarifications in regard to accounting pr

RPCD. SP. BC NO. 66 / 09.16.01 /2001-02March 07, 2002The Chairman / Managing Director,All Indian Scheduled Commercial Banks,(Except RRBs)Dear Sir, Accounting of subsidy amount under SJSRYPlease refer to our circular No. RPCD. SP. BC. 100/ 09.16.01/ 98-99 dated May 29, 1999, wherein banks were advised that the subsidy amount under USEP/DWCUA component of SJSRY is to be treated as back ended subsidy. Some banks have been seeking clarifications in regard to accounting pr

Accounting of subsidy amount under SJSRY

Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants

RPCD.CO.No.RF.BC.59/07.28.01/2000-2001 February 27, 2001 All State and Central Co-operative Banks /Regional Rural Banks Dear Sir, Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants Please refer to our circular No.RF.BC.09/07.38.01/2000-2001 dated 22 August 2000. 2. In this connection, we clarify that in regard to payment of balances in the accounts of the deceased customers to survivors / claimants the banks may call for succession

RPCD.CO.No.RF.BC.59/07.28.01/2000-2001 February 27, 2001 All State and Central Co-operative Banks /Regional Rural Banks Dear Sir, Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants Please refer to our circular No.RF.BC.09/07.38.01/2000-2001 dated 22 August 2000. 2. In this connection, we clarify that in regard to payment of balances in the accounts of the deceased customers to survivors / claimants the banks may call for succession

Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants

Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants

RPCD.CO.No.RF.BC.09/07.38.01/2000-2001 August 22, 2000 The Chairman ofAll State and Central Co-operative Banksand Regional Rural banks Dear Sir, Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants Please refer to our circular RPCD.No.BC.89/07.38.01/94-95 dated 21 December 1994 on the above subject, wherein banks were permitted to fix a limit higher than Rs.25,000/- if they consider it appropriate to settle the claims of survivors / claima

RPCD.CO.No.RF.BC.09/07.38.01/2000-2001 August 22, 2000 The Chairman ofAll State and Central Co-operative Banksand Regional Rural banks Dear Sir, Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants Please refer to our circular RPCD.No.BC.89/07.38.01/94-95 dated 21 December 1994 on the above subject, wherein banks were permitted to fix a limit higher than Rs.25,000/- if they consider it appropriate to settle the claims of survivors / claima

Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants

Swarnjayanti Gram Swarozgar Yojana (SGSY)

RESERVE BANK OF INDIARural Planning & Credit DepartmentCENTRAL OFFICECentral Office Building,13th FloorMumbai - 400 001Ref. NO.RPCD.SP .BC 23 / 09 .01 .01 / 99 -2000The Chairman/Managing DirectorAll Indian Scheduled Commercial Banks(Excluding RRBs)Dear SirSwarnjayanti Gram Swarozgar Yojana (SGSY)The Ministry of Rural Development, Government of India have launched a new programme known as "Swarnjayanti Gram Swarozgar Yojana"(SGSY) by restructuring the existing sche

RESERVE BANK OF INDIARural Planning & Credit DepartmentCENTRAL OFFICECentral Office Building,13th FloorMumbai - 400 001Ref. NO.RPCD.SP .BC 23 / 09 .01 .01 / 99 -2000The Chairman/Managing DirectorAll Indian Scheduled Commercial Banks(Excluding RRBs)Dear SirSwarnjayanti Gram Swarozgar Yojana (SGSY)The Ministry of Rural Development, Government of India have launched a new programme known as "Swarnjayanti Gram Swarozgar Yojana"(SGSY) by restructuring the existing sche

Swarnjayanti Gram Swarozgar Yojana (SGSY)

Operation of Bank Accounts by Old/Sick/Incapacitated Customers

RPCD.No.RF.BC.71/07.38.01/98-99 February 25, 1999 All State and Central Co-operative Banks Dear Sir, Operation of Bank Accounts by Old/Sick/Incapacitated Customers The question of extending a suitable facility to old/sick/incapacitated bank customers for operation of their bank accounts etc. has been engaging our attention for some time. It has been decided to extend certain facilities to account holders who are sick/old/incapacitated and who are not willing to open a

RPCD.No.RF.BC.71/07.38.01/98-99 February 25, 1999 All State and Central Co-operative Banks Dear Sir, Operation of Bank Accounts by Old/Sick/Incapacitated Customers The question of extending a suitable facility to old/sick/incapacitated bank customers for operation of their bank accounts etc. has been engaging our attention for some time. It has been decided to extend certain facilities to account holders who are sick/old/incapacitated and who are not willing to open a

Operation of Bank Accounts by Old/Sick/Incapacitated Customers

Relief Measures to Persons Affected by Natural Calamities - Agricultural Advances

Also Refer RPCD.No.PLFS.BC./2/05.04.02 /2002-2003 dt 03-08-02 RPCD.No.RF.BC.80/07.37.02/98-99 dt 09-03-99 RPCD.No.PLFS.BC.128/05.04.02\97-98   June 20, 1998 All scheduled commercial banks Dear Sir, Relief Measures to Persons Affected by Natural Calamities - Agricultural Advances Please refer to our circular RPCD.No.PS.BC.6/PS.126-84 dated August 2, 1984 on the captioned subject. 2. In the context of the experience gained by banks in implementa

Also Refer RPCD.No.PLFS.BC./2/05.04.02 /2002-2003 dt 03-08-02 RPCD.No.RF.BC.80/07.37.02/98-99 dt 09-03-99 RPCD.No.PLFS.BC.128/05.04.02\97-98   June 20, 1998 All scheduled commercial banks Dear Sir, Relief Measures to Persons Affected by Natural Calamities - Agricultural Advances Please refer to our circular RPCD.No.PS.BC.6/PS.126-84 dated August 2, 1984 on the captioned subject. 2. In the context of the experience gained by banks in implementa

Relief Measures to Persons Affected by Natural Calamities - Agricultural Advances

Operation of Safe Deposits Lockers by Customers

RPCD.No.BC.36/07.38.01/96-97 September 10, 1996 The Chief Executive of all State and Central Co-operative Banks Dear Sir, Operation of Safe Deposits Lockers by Customers In an incident which occurred in the recent past, a customer was confined in a locker room of a commercial bank for 72 hours from the Saturday afternoon until Tuesday morning (Monday being a holiday) when the bank was re-opened for business. While no doubt, such instances occur due to non-adherence to

RPCD.No.BC.36/07.38.01/96-97 September 10, 1996 The Chief Executive of all State and Central Co-operative Banks Dear Sir, Operation of Safe Deposits Lockers by Customers In an incident which occurred in the recent past, a customer was confined in a locker room of a commercial bank for 72 hours from the Saturday afternoon until Tuesday morning (Monday being a holiday) when the bank was re-opened for business. While no doubt, such instances occur due to non-adherence to

Operation of Safe Deposits Lockers by Customers

Customer Service - Immediate Credit of Local Cheques

RPCD.No.BC.80/07.38.01/93-94 January 1, 1994 All State/Central Co-operative Banks Dear Sir, Customer Service - Immediate Credit of Local Cheques It has been decided that banks may afford immediate credit for all local cheques upto Rs. 5,000/- irrespective of the category or status of the drawers of the cheques provided they are satisfied about proper conduct of the accounts and the customers desire the facility, and subject to recovering a charge of Rs. 5/- per cheque

RPCD.No.BC.80/07.38.01/93-94 January 1, 1994 All State/Central Co-operative Banks Dear Sir, Customer Service - Immediate Credit of Local Cheques It has been decided that banks may afford immediate credit for all local cheques upto Rs. 5,000/- irrespective of the category or status of the drawers of the cheques provided they are satisfied about proper conduct of the accounts and the customers desire the facility, and subject to recovering a charge of Rs. 5/- per cheque

Customer Service - Immediate Credit of Local Cheques