Withdrawn Circulars - RBI - Reserve Bank of India
Withdrawn Circulars
Sep 15, 2004
Withdrawn
On-line Tax Accounting System (OLTAS) - Participation of Branches
RBI/2004/181DGBA.GAD.No. H-235/42.01.034/2004-05 September 15, 2004 The Chairman and Managing Director / Managing Director State Bank of India and its Associates / All Public Sector Banks / HDFC Bank Ltd. / ICICI Bank Ltd. / UTI Bank Ltd. / IDBI Bank Ltd. and Jammu & Kashmir Bank Ltd. Dear Sir, On-line Tax Accounting System (OLTAS) - Participation of Branches It has been brought to our notice by the Directorate of Income Tax (Systems), New Delhi that as many as 13
RBI/2004/181DGBA.GAD.No. H-235/42.01.034/2004-05 September 15, 2004 The Chairman and Managing Director / Managing Director State Bank of India and its Associates / All Public Sector Banks / HDFC Bank Ltd. / ICICI Bank Ltd. / UTI Bank Ltd. / IDBI Bank Ltd. and Jammu & Kashmir Bank Ltd. Dear Sir, On-line Tax Accounting System (OLTAS) - Participation of Branches It has been brought to our notice by the Directorate of Income Tax (Systems), New Delhi that as many as 13
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Aug 17, 2004
Withdrawn w.e.f. 13/05/2022
Submission of progress reports and change in the periodicity of returns under Swarnjayanti Gram Swarozgar Yojana (SGSY)
Circular No. RBI/2004-05/125 Ref: RPCD.SP.BC.No 18/09.01.01/2004-05 August 17, 2004Chairman/ Managing DirectorAll Scheduled Commercial Banks,(excluding RRBs)Submission of progress reports and change in the periodicity of returns under Swarnjayanti Gram Swarozgar Yojana (SGSY)Please refer to our Circular No. RBI/2004/ 116, Ref: RPCD.SP.BC.No. 72 /09.01.01/2003-04 dated 25th March, 2004 wherein banks have been advised to furnish us the data under SGSY on monthly basis.2
Circular No. RBI/2004-05/125 Ref: RPCD.SP.BC.No 18/09.01.01/2004-05 August 17, 2004Chairman/ Managing DirectorAll Scheduled Commercial Banks,(excluding RRBs)Submission of progress reports and change in the periodicity of returns under Swarnjayanti Gram Swarozgar Yojana (SGSY)Please refer to our Circular No. RBI/2004/ 116, Ref: RPCD.SP.BC.No. 72 /09.01.01/2003-04 dated 25th March, 2004 wherein banks have been advised to furnish us the data under SGSY on monthly basis.2
Jun 18, 2004
Withdrawn w.e.f. 18/02/2022
Section 42 of the RBI Act, 1934 - Revision of procedure for payment of interest on the eligible CRR balances on monthly basis
RBI/2004/255DBOD.No.Ret.BC. 98 / 12.01.001 / 2003-04 June 18, 2004 To All Scheduled Commercial Banks ( Excluding RRBs & LABs )Dear Sir,Section 42 of the RBI Act, 1934 – Revision of procedure for payment of interest on the eligible CRR balances on monthly basis Please refer to paragraph 3 of our circular DBOD.Ret.BC.No.79 / 12.01.001 / 2002-03 dated March 7, 2003 in terms of which Scheduled Commercial Banks are required to submit their claim statement for payment o
RBI/2004/255DBOD.No.Ret.BC. 98 / 12.01.001 / 2003-04 June 18, 2004 To All Scheduled Commercial Banks ( Excluding RRBs & LABs )Dear Sir,Section 42 of the RBI Act, 1934 – Revision of procedure for payment of interest on the eligible CRR balances on monthly basis Please refer to paragraph 3 of our circular DBOD.Ret.BC.No.79 / 12.01.001 / 2002-03 dated March 7, 2003 in terms of which Scheduled Commercial Banks are required to submit their claim statement for payment o
Jun 10, 2004
Withdrawn
Maintenance of Government Accounts -Interest on Delayed Remittances and Excess/Double Reimbursement
RBI/2004/234DGBA.GAD.No.H-1244/42.01.011/2003-04June 10, 2004 Jyeshtha 20, 1926(S)The Chairman/Managing Director, State Bank of India & its Associates, All Nationalized Banks, Jammu & Kashmir Bank Ltd., IDBI Bank Ltd./HDFC Bank Ltd./ ICICI Bank Ltd./UTI Bank Ltd. Dear Sir,Maintenance of Government Accounts – Interest on Delayed Remittances and Excess/Double Reimbursement Please refer to our Circular No.443/42.01.011/2003-04 dated November 5, 2003 on the above
RBI/2004/234DGBA.GAD.No.H-1244/42.01.011/2003-04June 10, 2004 Jyeshtha 20, 1926(S)The Chairman/Managing Director, State Bank of India & its Associates, All Nationalized Banks, Jammu & Kashmir Bank Ltd., IDBI Bank Ltd./HDFC Bank Ltd./ ICICI Bank Ltd./UTI Bank Ltd. Dear Sir,Maintenance of Government Accounts – Interest on Delayed Remittances and Excess/Double Reimbursement Please refer to our Circular No.443/42.01.011/2003-04 dated November 5, 2003 on the above
Jun 09, 2004
Withdrawn
Implementation of On-line Tax Accounting System (OLTAS) with effect from June 1, 2004 - Use of Challan Form - Clarifications
RBI/2004/239DGBA.GAD.No. H-1224 /42.01.034/2003-04 June 9, 2004The Chairman and Managing Director / Managing DirectorState Bank of India and its Associates / All Public Sector Banks /HDFC Bank Ltd. / ICICI Bank Ltd. / UTI Bank Ltd. / IDBI Bank Ltd. andJammu & Kashmir Bank Ltd.Dear Sir,Implementation of On-line Tax Accounting System (OLTAS) with effect from June 1, 2004 - Use of Challan Form - Clarifications Please refer to our Circular RBI/2004/213 dated May 22, 2
RBI/2004/239DGBA.GAD.No. H-1224 /42.01.034/2003-04 June 9, 2004The Chairman and Managing Director / Managing DirectorState Bank of India and its Associates / All Public Sector Banks /HDFC Bank Ltd. / ICICI Bank Ltd. / UTI Bank Ltd. / IDBI Bank Ltd. andJammu & Kashmir Bank Ltd.Dear Sir,Implementation of On-line Tax Accounting System (OLTAS) with effect from June 1, 2004 - Use of Challan Form - Clarifications Please refer to our Circular RBI/2004/213 dated May 22, 2
May 18, 2004
Withdrawn w.e.f. 13/05/2022
Flow of Credit to Agriculture - Investment by Banks in Securitised Assets
RBI/2004/216 RPCD. Plan. BC. No. 86 /04.09.01/2003-04 May 18, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (including RRBs) and Local Area Banks Dear Sir, Flow of Credit to Agriculture - Investment by Banks in Securitised Assets Please refer to paragraph No. 82 of the Governor's annual policy Statement for the year 2004-05 dated May 18, 2004 (copy of the paragraph enclosed). In view of the increasing emphasis on securitisation of agricultural loa
RBI/2004/216 RPCD. Plan. BC. No. 86 /04.09.01/2003-04 May 18, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (including RRBs) and Local Area Banks Dear Sir, Flow of Credit to Agriculture - Investment by Banks in Securitised Assets Please refer to paragraph No. 82 of the Governor's annual policy Statement for the year 2004-05 dated May 18, 2004 (copy of the paragraph enclosed). In view of the increasing emphasis on securitisation of agricultural loa
May 18, 2004
Withdrawn w.e.f. 13/05/2022
Flow of Credit to Agriculture - Loans for Storage Facilities
RBI/2004/215 RPCD. Plan. BC. No. 85 /04.09.01/2003-04 May 18, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (including RRBs) and Local Area Banks Dear Sir, Flow of Credit to Agriculture - Loans for Storage Facilities Please refer to the Master Circular on Lending to Priority Sector forwarded vide our Circular RPCD. No. Plan. BC. 42A/04.09.01/2002-03 dated November 11, 2002, in terms of which loans for construction and running of storage facilities
RBI/2004/215 RPCD. Plan. BC. No. 85 /04.09.01/2003-04 May 18, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (including RRBs) and Local Area Banks Dear Sir, Flow of Credit to Agriculture - Loans for Storage Facilities Please refer to the Master Circular on Lending to Priority Sector forwarded vide our Circular RPCD. No. Plan. BC. 42A/04.09.01/2002-03 dated November 11, 2002, in terms of which loans for construction and running of storage facilities
Apr 30, 2004
Withdrawn w.e.f 12/07/2014
Standardised application form for investments in Savings Bonds along with the Duties and Rights of Customers
RBI / 2004 /186 April 30, 2004Vaishakha 10, 1926 (S) Ref. DGBA CO DT No. 13.01.299 /H.6375/2003-04 The Chairman & Managing DirectorsState Bank of India and Associate banks17 Nationalized banksUTI bank Ltd., ICICI bank Ltd.,HDFC bank Ltd. and IDBI bank Ltd.Stock Holding Corporation of India Ltd.Dear Sir,Standardised application form for investments in Savings Bonds along with the Duties and Rights of Customers Please refer to our letter DGBA.CO.DT.No.13.01.299/H.62
RBI / 2004 /186 April 30, 2004Vaishakha 10, 1926 (S) Ref. DGBA CO DT No. 13.01.299 /H.6375/2003-04 The Chairman & Managing DirectorsState Bank of India and Associate banks17 Nationalized banksUTI bank Ltd., ICICI bank Ltd.,HDFC bank Ltd. and IDBI bank Ltd.Stock Holding Corporation of India Ltd.Dear Sir,Standardised application form for investments in Savings Bonds along with the Duties and Rights of Customers Please refer to our letter DGBA.CO.DT.No.13.01.299/H.62
Apr 22, 2004
Withdrawn w.e.f 12/07/2014
Standardised application form for investments in Savings Bonds along with the Duties and Rights of Customers
RBI / 2004 / 181Ref. DGBA CO DT No. 13.01.299 / H-6252 / 2003-04 April 22, 2004The Chairman and Managing DirectorsState Bank of India and Associate banks17 Nationalised banksUTI bank Ltd., ICICI bank Ltd.,HDFC bank Ltd. and IDBI bank Ltd.|Stock Holding Corporation of India Ltd.Dear Sir, Standardised application form for investments in Savings Bonds along with the Duties and Rights of CustomersAs you are aware, your bank / corporation has been conducting the business o
RBI / 2004 / 181Ref. DGBA CO DT No. 13.01.299 / H-6252 / 2003-04 April 22, 2004The Chairman and Managing DirectorsState Bank of India and Associate banks17 Nationalised banksUTI bank Ltd., ICICI bank Ltd.,HDFC bank Ltd. and IDBI bank Ltd.|Stock Holding Corporation of India Ltd.Dear Sir, Standardised application form for investments in Savings Bonds along with the Duties and Rights of CustomersAs you are aware, your bank / corporation has been conducting the business o
Apr 16, 2004
Withdrawn
Master Circular on Turnover Commission
RBI / 2004 / 165DGBA.GAD.(MC) No.H-1074/31.12.010/2003-2004April 16 ,2004Chaitra 27,1926 (S) Chief Executive Officers ofAll Agency BanksDear SirMaster Circular on Turnover CommissionThe Reserve Bank of India has been issuing various instructions on Turnover Commission from time to time. In order to enable the Agency banks to have all the currently operative instructions on the subject at one place, a Master Circular has been prepared which is enclosed.2. Please acknow
RBI / 2004 / 165DGBA.GAD.(MC) No.H-1074/31.12.010/2003-2004April 16 ,2004Chaitra 27,1926 (S) Chief Executive Officers ofAll Agency BanksDear SirMaster Circular on Turnover CommissionThe Reserve Bank of India has been issuing various instructions on Turnover Commission from time to time. In order to enable the Agency banks to have all the currently operative instructions on the subject at one place, a Master Circular has been prepared which is enclosed.2. Please acknow
Apr 16, 2004
Withdrawn
Accounting Procedure for On-line Tax Accounting System (OLTAS)
RBI/2004/145DGBA.GAD.No. H-1068 /42.01.034/2003-04 April 16, 2004The Chairman & Managing Director / Managing DirectorState Bank of India and its AssociatesAll Nationalised BanksHDFC Bank Ltd., / ICICI Bank Ltd.,IDBI Bank Ltd., / UTI Bank Ltd.(as per list enclosed)Dear Sir,Accounting Procedure for On-line Tax Accounting System (OLTAS)Please refer to our Circular No. RBI/2004/129 (DGBA.GAD.No. 989/ 42.01.034/2003-04) dated March 31, 2004 advising you to extend the P
RBI/2004/145DGBA.GAD.No. H-1068 /42.01.034/2003-04 April 16, 2004The Chairman & Managing Director / Managing DirectorState Bank of India and its AssociatesAll Nationalised BanksHDFC Bank Ltd., / ICICI Bank Ltd.,IDBI Bank Ltd., / UTI Bank Ltd.(as per list enclosed)Dear Sir,Accounting Procedure for On-line Tax Accounting System (OLTAS)Please refer to our Circular No. RBI/2004/129 (DGBA.GAD.No. 989/ 42.01.034/2003-04) dated March 31, 2004 advising you to extend the P
Apr 01, 2004
Withdrawn
Introduction of On-line Tax Accounting System (OLTAS)- Branding of Rubber Stamp on copies of Challans
RBI/2004/131DGBA.GAD.No.1008 /42.01.034/2003-04 April 1, 2004The Chief Executive Officer,All Agency Banks (as per list enclosed)Dear Sir, Introduction of On-line Tax Accounting System (OLTAS)- Branding of Rubber Stamp on copies of Challans Please refer to our Circular letter DGBA.GAD.No.989/42.01.034/2003-04 dated March 31, 2004 on the captioned subject. 2. In the meeting of the High Powered Committee for On-line Transmission of Tax Payment Data from Banks to Income T
RBI/2004/131DGBA.GAD.No.1008 /42.01.034/2003-04 April 1, 2004The Chief Executive Officer,All Agency Banks (as per list enclosed)Dear Sir, Introduction of On-line Tax Accounting System (OLTAS)- Branding of Rubber Stamp on copies of Challans Please refer to our Circular letter DGBA.GAD.No.989/42.01.034/2003-04 dated March 31, 2004 on the captioned subject. 2. In the meeting of the High Powered Committee for On-line Transmission of Tax Payment Data from Banks to Income T
Mar 31, 2004
Withdrawn
Introduction of OLTAS
RBI/2004/129DGBA.GAD.No. 989 /42.01.034/2003-04 March 31, 2004The Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Introduction of OLTASAs you are aware, the Pilot Study of On-line Tax Accounting System (OLTAS) Project is presently being implemented in 14 major cities. Progress in this regard has been reviewed at various meetings across the country and all the banks have expressed their confidence in extending the Pilot to all their branches.
RBI/2004/129DGBA.GAD.No. 989 /42.01.034/2003-04 March 31, 2004The Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Introduction of OLTASAs you are aware, the Pilot Study of On-line Tax Accounting System (OLTAS) Project is presently being implemented in 14 major cities. Progress in this regard has been reviewed at various meetings across the country and all the banks have expressed their confidence in extending the Pilot to all their branches.
Mar 27, 2004
Withdrawn
Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)
RBI/2004/125DGBA.GAD.No. 979 /42.01.018/2003-04 March 27, 2004Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs) Central Board of Direct Taxes, Government of India, New Delhi have since revised the procedure of issue of ITROs and discontinued the practice of forwarding Advice Notes to the paying banks separately in respect of refunds upto Rs.9999/- vide their Circular Inst
RBI/2004/125DGBA.GAD.No. 979 /42.01.018/2003-04 March 27, 2004Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs) Central Board of Direct Taxes, Government of India, New Delhi have since revised the procedure of issue of ITROs and discontinued the practice of forwarding Advice Notes to the paying banks separately in respect of refunds upto Rs.9999/- vide their Circular Inst
Mar 27, 2004
Withdrawn
Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial Year
RBI/2004/122DGBA.GAD.No.H-976 /42.01.029/2003-04 March 27, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial YearWe have since received request from the Ministry of Finance, Department of Economic
RBI/2004/122DGBA.GAD.No.H-976 /42.01.029/2003-04 March 27, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial YearWe have since received request from the Ministry of Finance, Department of Economic
Mar 26, 2004
Withdrawn
Annual Closing of Accounts - Receipt of Central Taxes-Arrangements for the Current Financial Year
RBI/2004/121DGBA.GAD.No.H-972 /42.01.029/2003-04 March 26, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Central Taxes-Arrangements for the Current Financial YearWe have received a request from the Chief Commissioner of Income Tax, Mumbai that wi
RBI/2004/121DGBA.GAD.No.H-972 /42.01.029/2003-04 March 26, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Central Taxes-Arrangements for the Current Financial YearWe have received a request from the Chief Commissioner of Income Tax, Mumbai that wi
Mar 25, 2004
Withdrawn w.e.f. 13/05/2022
Submission of progress report under Government Sponsored Schemes - Change in Periodicity of returns under SGSY,SJSRY and SLRS
RBI/2004-2005/116 Ref: RPCD.SP.BC.No. 72 /09.01.01/2003-04 Date : 25 March, 2004Chairman/ Managing Director All Scheduled Commercial Banks, (excluding RRBs) Sub : Submission of progress report under Government Sponsored Schemes - Change in Periodicity of returns under SGSY, SJSRY and SLRS As you are aware, at present the progress on implementation of Government sponsored schemes by the banks is being monitored by RBI on a quarterly basis and the banks are required to
RBI/2004-2005/116 Ref: RPCD.SP.BC.No. 72 /09.01.01/2003-04 Date : 25 March, 2004Chairman/ Managing Director All Scheduled Commercial Banks, (excluding RRBs) Sub : Submission of progress report under Government Sponsored Schemes - Change in Periodicity of returns under SGSY, SJSRY and SLRS As you are aware, at present the progress on implementation of Government sponsored schemes by the banks is being monitored by RBI on a quarterly basis and the banks are required to
Mar 09, 2004
Withdrawn
Introduction of ECS (Credit) for Refunds of Income Tax
Circular No. RBI/2004/90DGBA.GAD.No. H-767 /42.01.034/2003-04 March 9, 2004The Chief Executive Officers All banks (as per list) Dear Sir, Introduction of ECS (Credit) for Refunds of Income Tax As you are aware, presently paper-based Income Tax Refund Orders (ITROs) are being issued by Income Tax Department for refund of income-tax to assessees. ITRO is also accompanied by an 'Advice'. The banks are required to handle ITROs as well as the 'Advices' for collectio
Circular No. RBI/2004/90DGBA.GAD.No. H-767 /42.01.034/2003-04 March 9, 2004The Chief Executive Officers All banks (as per list) Dear Sir, Introduction of ECS (Credit) for Refunds of Income Tax As you are aware, presently paper-based Income Tax Refund Orders (ITROs) are being issued by Income Tax Department for refund of income-tax to assessees. ITRO is also accompanied by an 'Advice'. The banks are required to handle ITROs as well as the 'Advices' for collectio
Mar 03, 2004
Withdrawn
Standing Committee Meeting to Review the Handling of Government Transactions by Banks Accredited to Civil Ministries/Departments - Para 2.4
RBI/2004/86DGBA.GAD.No.H-791/42.02.001/2003-04March 3, 2004The Chairman/Managing DirectorThe Chairman and Managing DirectorState Bank of India & its Associate Banks andAll Public Sector BanksDear Sir,Standing Committee Meeting to Review the Handling of Government Transactions by Banks Accredited to Civil Ministries/Departments – Para 2.4 Please refer to para 2.4 of minutes of the Standing Committee Meeting held on 6th & 7th November, 2003 at Bhubaneshwar. 2. P
RBI/2004/86DGBA.GAD.No.H-791/42.02.001/2003-04March 3, 2004The Chairman/Managing DirectorThe Chairman and Managing DirectorState Bank of India & its Associate Banks andAll Public Sector BanksDear Sir,Standing Committee Meeting to Review the Handling of Government Transactions by Banks Accredited to Civil Ministries/Departments – Para 2.4 Please refer to para 2.4 of minutes of the Standing Committee Meeting held on 6th & 7th November, 2003 at Bhubaneshwar. 2. P
Feb 28, 2004
Withdrawn
Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)
RBI/2004/83DGBA.GAD.No.1009/42.01.018/ 2003-04 February 28, 2004 The Chairman & Managing Director/ Managing Director, State Bank of India & its Associate BanksDear Sir,Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)The Central Board of Direct Taxes, Government of India, New Delhi have since discontinued the procedure of forwarding Advice Notes to the paying banks in respect of refunds upto Rs.9999/- vide their Circular Instruction F.No
RBI/2004/83DGBA.GAD.No.1009/42.01.018/ 2003-04 February 28, 2004 The Chairman & Managing Director/ Managing Director, State Bank of India & its Associate BanksDear Sir,Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)The Central Board of Direct Taxes, Government of India, New Delhi have since discontinued the procedure of forwarding Advice Notes to the paying banks in respect of refunds upto Rs.9999/- vide their Circular Instruction F.No
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