Withdrawn Circulars - RBI - Reserve Bank of India
Withdrawn Circulars
Mar 10, 2011
Withdrawn w.e.f. 16/11/2021
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/420 DPSS. CO. AD. No. 2068@@NBSP@@ /02.27.005/2010-11 March 10, 2011 All Payment System Operators Authorised under the PSS Act, 2007 Dear Sir List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular DPSS.CO.AD.No.1568 /02.27.005/2010-11 dated January 7 2011 on the captioned subject. We have since received from Government of India (Ministry of External Affairs) a copy of
RBI/2010-11/420 DPSS. CO. AD. No. 2068@@NBSP@@ /02.27.005/2010-11 March 10, 2011 All Payment System Operators Authorised under the PSS Act, 2007 Dear Sir List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular DPSS.CO.AD.No.1568 /02.27.005/2010-11 dated January 7 2011 on the captioned subject. We have since received from Government of India (Ministry of External Affairs) a copy of
PDF (
Jan 18, 2011
Withdrawn w.e.f. 16/11/2021
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2010-11/375 DPSS. CO. AD. No. 1568/02.27.005/2010-11 January 18, 2011 All the Authorised entities operating payment system in India Dear Sir Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards We are forwarding herewith a copy of the Statement issued on October 22, 2010 by the Financial Action Task Force (FATF) calling upon jurisdictions listed in the Statement to complete the implementation of their action plan within the timeframe (
RBI/2010-11/375 DPSS. CO. AD. No. 1568/02.27.005/2010-11 January 18, 2011 All the Authorised entities operating payment system in India Dear Sir Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards We are forwarding herewith a copy of the Statement issued on October 22, 2010 by the Financial Action Task Force (FATF) calling upon jurisdictions listed in the Statement to complete the implementation of their action plan within the timeframe (
Jan 18, 2011
Withdrawn w.e.f. 16/11/2021
Centralised Funds Management System (CFMS) - Extension of timings
RBI/2010-11/372 DPSS (CO) RTGS No.1654/ 04.08.002/ 2010 – 11 January 18, 2011 To All CFMS Members Madam / Dear Sir, Centralised Funds Management System (CFMS) – Extension of timings Members of CFMS are using the funds transfer module to transfer funds from one DAD to another DAD from their payment gateways. At present, the time window for funds transfer module of CFMS is from 11:00 hours to 16:30 hours on weekdays and from 11:00 hours to 13:00 hours on Saturdays. 2. O
RBI/2010-11/372 DPSS (CO) RTGS No.1654/ 04.08.002/ 2010 – 11 January 18, 2011 To All CFMS Members Madam / Dear Sir, Centralised Funds Management System (CFMS) – Extension of timings Members of CFMS are using the funds transfer module to transfer funds from one DAD to another DAD from their payment gateways. At present, the time window for funds transfer module of CFMS is from 11:00 hours to 16:30 hours on weekdays and from 11:00 hours to 13:00 hours on Saturdays. 2. O
Jan 18, 2011
Withdrawn w.e.f. 16/11/2021
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2010-11/374 DPSS. CO. AD. No. 1569/02.27.005/2010-11 January 18, 2011 All the Authorised entities operating payment system in India Dear Sir Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards We are forwarding herewith a copy of Statement issued on October 22, 2010 by the Financial Action Task Force (FATF) on the subject (enclosed). It may be observed that the statement divides the strategic AML/CFT deficient jurisdictions into two g
RBI/2010-11/374 DPSS. CO. AD. No. 1569/02.27.005/2010-11 January 18, 2011 All the Authorised entities operating payment system in India Dear Sir Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards We are forwarding herewith a copy of Statement issued on October 22, 2010 by the Financial Action Task Force (FATF) on the subject (enclosed). It may be observed that the statement divides the strategic AML/CFT deficient jurisdictions into two g
Jan 07, 2011
Withdrawn w.e.f. 16/11/2021
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/362 DPSS.CO.AD.No.1568/02.27.005/2010-11 January 7, 2011 All the Authorised entities operating payment system in India Dear Sir List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation We have received from Government of India (Ministry of External Affairs) copy of following notes forwarded by the Chairman of UN Security Council's 1267 Committee regarding changes made in the Consolidated List of In
RBI/2010-11/362 DPSS.CO.AD.No.1568/02.27.005/2010-11 January 7, 2011 All the Authorised entities operating payment system in India Dear Sir List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation We have received from Government of India (Ministry of External Affairs) copy of following notes forwarded by the Chairman of UN Security Council's 1267 Committee regarding changes made in the Consolidated List of In
Jan 04, 2011
Withdrawn w.e.f. 16/11/2021
Enhancing the scope of Speed Clearing
RBI/2010-11/352 DPSS. CO. CHD. No. 1514 / 03.01.03 / 2010-2011 January 4, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Madam / Dear Sir, Enhancing the scope of Speed Clearing A reference is invited to our circulars DPSS.CO. 1808 / 03.01.02 / 2007-08 dated May 5, 2008 and DPSS.CO.No. 517 / 03.01.02(
RBI/2010-11/352 DPSS. CO. CHD. No. 1514 / 03.01.03 / 2010-2011 January 4, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Madam / Dear Sir, Enhancing the scope of Speed Clearing A reference is invited to our circulars DPSS.CO. 1808 / 03.01.02 / 2007-08 dated May 5, 2008 and DPSS.CO.No. 517 / 03.01.02(
Dec 27, 2010
Withdrawn w.e.f. 02/05/2022
Issuance of Non-Convertible Debentures (NCDs)
RBI/2010-11/333 IDMD.PCD.25 /14.03.03/ 2010-11 December 27, 2010 All Market Participants Dear Sirs, Issuance of Non-Convertible Debentures (NCDs) A reference is invited to the Issuance of Non-Convertible Debentures (Reserve Bank) (Amendment) Directions, 2010 dated December 06, 2010 issued vide circular IDMD.PCD.24/14.03.03/2010-11 of same date covering the regulation of NCDs of maturity up to one year. 2. In this regard, it is clarified that where the issuer is: maint
RBI/2010-11/333 IDMD.PCD.25 /14.03.03/ 2010-11 December 27, 2010 All Market Participants Dear Sirs, Issuance of Non-Convertible Debentures (NCDs) A reference is invited to the Issuance of Non-Convertible Debentures (Reserve Bank) (Amendment) Directions, 2010 dated December 06, 2010 issued vide circular IDMD.PCD.24/14.03.03/2010-11 of same date covering the regulation of NCDs of maturity up to one year. 2. In this regard, it is clarified that where the issuer is: maint
Dec 15, 2010
Withdrawn w.e.f. 13/05/2022
Swarnajayanti Gram Swarozgar Yojana (SGSY) - Group Life Insurance Scheme
RBI/2010-11/314 RPCD.GSSD .BC.No.30@@NBSP@@ /09.01.01/2010 -11 December 15, 2010 The Chairman /Managing DirectorAll Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Swarnajayanti Gram Swarozgar Yojana (SGSY) - Group Life Insurance Scheme Please refer to Para 9 of our Master Circular RBI /2010-11-56-RPCD.SP.BC.No.7/09.01.01/2010 - 11 dated July 1, 2010 on Priority Sector Lending@@NBSP@@ -@@NBSP@@@@NBSP@@ Special Programmes@@NBSP@@ -@@NBSP@@ Swarnajayanti Gram Swar
RBI/2010-11/314 RPCD.GSSD .BC.No.30@@NBSP@@ /09.01.01/2010 -11 December 15, 2010 The Chairman /Managing DirectorAll Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Swarnajayanti Gram Swarozgar Yojana (SGSY) - Group Life Insurance Scheme Please refer to Para 9 of our Master Circular RBI /2010-11-56-RPCD.SP.BC.No.7/09.01.01/2010 - 11 dated July 1, 2010 on Priority Sector Lending@@NBSP@@ -@@NBSP@@@@NBSP@@ Special Programmes@@NBSP@@ -@@NBSP@@ Swarnajayanti Gram Swar
Dec 08, 2010
Withdrawn w.e.f. 13/05/2022
Ownership of units - Two or more undertakings under the same ownership - Status of the unit
RBI/2010-11/305 RPCD.SME & NFS.BC.No. 35@@NBSP@@/06.02.31 (P)/2010-11 December 6, 2010 To, The Chairman / Managing Director All Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir Ownership of units – Two or more undertakings under the same ownership – Status of the unit Please refer to our circular RPCD.No.PLNFS.No.BC.67/06.03.01/93-94@@NBSP@@dated November 22, 1993 on the captioned subject (copy enclosed) wherein banks were advised to follow the guideli
RBI/2010-11/305 RPCD.SME & NFS.BC.No. 35@@NBSP@@/06.02.31 (P)/2010-11 December 6, 2010 To, The Chairman / Managing Director All Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir Ownership of units – Two or more undertakings under the same ownership – Status of the unit Please refer to our circular RPCD.No.PLNFS.No.BC.67/06.03.01/93-94@@NBSP@@dated November 22, 1993 on the captioned subject (copy enclosed) wherein banks were advised to follow the guideli
Dec 06, 2010
Withdrawn w.e.f. 02/05/2022
Issuance of Non-Convertible Debentures (NCDs)
RBI/2010-11/299 IDMD.PCD.No. 24/14.03.03/2010-11 December 06, 2010 All Market Participants Dear Sirs, Issuance of Non-Convertible Debentures (NCDs) A reference is invited to the Issuance of Non-Convertible Debentures (Reserve Bank) Directions, 2010 dated June 23, 2010 issued vide circular IDMD.DOD.10/11.01.01(A)/ 2009-10 of same date covering the regulation of NCDs of maturity up to one year. 2. Taking into account the feedback received from the market participants, t
RBI/2010-11/299 IDMD.PCD.No. 24/14.03.03/2010-11 December 06, 2010 All Market Participants Dear Sirs, Issuance of Non-Convertible Debentures (NCDs) A reference is invited to the Issuance of Non-Convertible Debentures (Reserve Bank) Directions, 2010 dated June 23, 2010 issued vide circular IDMD.DOD.10/11.01.01(A)/ 2009-10 of same date covering the regulation of NCDs of maturity up to one year. 2. Taking into account the feedback received from the market participants, t
Nov 29, 2010
Withdrawn
Issuance and Operation of Prepaid Payment Instruments
RBI/2010-11/289 DPSS. CO. AD. No. /780/02.27.004/2010-11 November 24, 2010 The Chairmen and Managing Directors /Chief Executive Officers ofAll Scheduled Commercial Banks Madam/ Dear Sir Issuance and Operation of Prepaid Payment Instruments Please refer to our Policy Guidelines for issuance and operation of Prepaid Payment Instruments issued vide our circular DPSS.CO.PD.No.1873 /02.14.06/ 2008-09 dated April 27, 2009 on the above subject. 2. As per paragraph 7.3 of the
RBI/2010-11/289 DPSS. CO. AD. No. /780/02.27.004/2010-11 November 24, 2010 The Chairmen and Managing Directors /Chief Executive Officers ofAll Scheduled Commercial Banks Madam/ Dear Sir Issuance and Operation of Prepaid Payment Instruments Please refer to our Policy Guidelines for issuance and operation of Prepaid Payment Instruments issued vide our circular DPSS.CO.PD.No.1873 /02.14.06/ 2008-09 dated April 27, 2009 on the above subject. 2. As per paragraph 7.3 of the
Nov 12, 2010
Withdrawn w.e.f. 16/11/2021
Up-gradation of CFMS System to Windows 2008
RBI/2010-11/273 DPSS (CO) RTGS No.1605/04.08.002/2010-11 November 12, 2010 To All CFMS Members Dear Sir, Up-gradation of CFMS System to Windows 2008 As you are aware that CFMS system is presently running on Windows 2000 advanced server with IBM Websphere MQ series 5.3. 2. It has been decided to upgrade CFMS system to the latest available software versions i.e. Microsoft Windows 2008 Enterprise Edition and IBM Websphere MQ series 7.0. 3. In order to facilitate the upgr
RBI/2010-11/273 DPSS (CO) RTGS No.1605/04.08.002/2010-11 November 12, 2010 To All CFMS Members Dear Sir, Up-gradation of CFMS System to Windows 2008 As you are aware that CFMS system is presently running on Windows 2000 advanced server with IBM Websphere MQ series 5.3. 2. It has been decided to upgrade CFMS system to the latest available software versions i.e. Microsoft Windows 2008 Enterprise Edition and IBM Websphere MQ series 7.0. 3. In order to facilitate the upgr
Nov 09, 2010
Withdrawn w.e.f. 16/11/2021
Electronic Funds Transfer Infrastructure in India - Usage of RTGS and NEFT
RBI/2010-11/265 DPSS (CO) RTGS No.1051 / 04.04.002 / 2010-2011 November 9, 2010 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS and NEFT Madam / Dear Sir, Electronic Funds Transfer Infrastructure in India – Usage of RTGS and NEFT Please refer to our circular DPSS (CO) RTGS No. 1008 / 04.04.002 / 2010-2011 dated November 3, 2010 on the captioned subject. 2. Based on requests received from the participant member banks, it is c
RBI/2010-11/265 DPSS (CO) RTGS No.1051 / 04.04.002 / 2010-2011 November 9, 2010 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS and NEFT Madam / Dear Sir, Electronic Funds Transfer Infrastructure in India – Usage of RTGS and NEFT Please refer to our circular DPSS (CO) RTGS No. 1008 / 04.04.002 / 2010-2011 dated November 3, 2010 on the captioned subject. 2. Based on requests received from the participant member banks, it is c
Nov 03, 2010
Withdrawn w.e.f. 16/11/2021
Electronic Funds Transfer Infrastructure in India - Usage of RTGS and NEFT
RBI/2010-11/259 DPSS (CO) RTGS No.1008/04.04.002/2010-2011 November 03, 2010 Chairman and Managing Director /Chief Executive Officer of all banks participating in RTGS and NEFT Madam / Dear Sir, Electronic Funds Transfer Infrastructure in India – Usage of RTGS and NEFT Please refer to our earlier circulars DPSS (CO) RTGS No. 729/04.04.002/2006 – 2007 dated December 1, 2006 (introducing the threshold value limit for customer transactions in RTGS to Rs 1 lakh) and DPSS
RBI/2010-11/259 DPSS (CO) RTGS No.1008/04.04.002/2010-2011 November 03, 2010 Chairman and Managing Director /Chief Executive Officer of all banks participating in RTGS and NEFT Madam / Dear Sir, Electronic Funds Transfer Infrastructure in India – Usage of RTGS and NEFT Please refer to our earlier circulars DPSS (CO) RTGS No. 729/04.04.002/2006 – 2007 dated December 1, 2006 (introducing the threshold value limit for customer transactions in RTGS to Rs 1 lakh) and DPSS
Sep 15, 2010
Withdrawn w.e.f. 16/11/2021
Prevention of Money-laundering Second Amendment Rules, 2010 - Obligation of Entities authorised to operate Payment System in India
RBI/2010-11/200 DPSS.CO.AD.No.552/02.27.004/2010-2011 September 15, 2010 All the entities Authorized to operate Payment Systems in India Madam/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) Seco
RBI/2010-11/200 DPSS.CO.AD.No.552/02.27.004/2010-2011 September 15, 2010 All the entities Authorized to operate Payment Systems in India Madam/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) Seco
Sep 03, 2010
Withdrawn w.e.f. 16/11/2021
Dishonour / Return of Cheques - Need to Mention the 'Date of Return' in the Cheque Return Memo
RBI/2010-11/190 DPSS.CO.CHD.No.485/03.06.01/2010-11 September 1, 2010 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Dishonour / Return of Cheques - Need to Mention the 'Date of Return' in the Cheque Return Memo As you are aware, the 'Cheque Return Memo' that should accompany a cheque dishonoured / re
RBI/2010-11/190 DPSS.CO.CHD.No.485/03.06.01/2010-11 September 1, 2010 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Dishonour / Return of Cheques - Need to Mention the 'Date of Return' in the Cheque Return Memo As you are aware, the 'Cheque Return Memo' that should accompany a cheque dishonoured / re
Sep 01, 2010
Withdrawn w.e.f. 18/02/2022
Uniformity in penal interest payable by banks for delays in credit / return of NEFT / NECS / ECS transactions
RBI/2010-11/188 DPSS (CO) EPPD No.@@NBSP@@ 477/ 04.03.01 / 2010-11 September 1, 2010 The Chairman and Managing Director / Chief Executive Officer of member banks participating in / NEFT / NECS / ECS Madam / Dear Sir, Uniformity in penal interest payable by banks for delays in credit / return of NEFT / NECS / ECS transactions As you are aware, the recent past has been witness to significant growth in retail electronic payment products - both in terms of reach and volum
RBI/2010-11/188 DPSS (CO) EPPD No.@@NBSP@@ 477/ 04.03.01 / 2010-11 September 1, 2010 The Chairman and Managing Director / Chief Executive Officer of member banks participating in / NEFT / NECS / ECS Madam / Dear Sir, Uniformity in penal interest payable by banks for delays in credit / return of NEFT / NECS / ECS transactions As you are aware, the recent past has been witness to significant growth in retail electronic payment products - both in terms of reach and volum
Jul 16, 2010
Withdrawn w.e.f. 02/05/2022
Ready Forward Contracts in Corporate Debt Securities
RBI/2010-11/117 IDMD.DOD. 18 /11.08.38/2010-11 July 16, 2010 To All Market Participants Ready Forward Contracts in Corporate Debt Securities A reference is invited to our circular IDMD.DOD.05/11.08.38/2009-10 dated January 08, 2010 enclosing the Repo in Corporate Debt Securities (Reserve Bank) Directions, 2010 wherein it was indicated that all repo trades in corporate bonds shall be reported within 15 minutes of the trade on the FIMMDA reporting platform and also to t
RBI/2010-11/117 IDMD.DOD. 18 /11.08.38/2010-11 July 16, 2010 To All Market Participants Ready Forward Contracts in Corporate Debt Securities A reference is invited to our circular IDMD.DOD.05/11.08.38/2009-10 dated January 08, 2010 enclosing the Repo in Corporate Debt Securities (Reserve Bank) Directions, 2010 wherein it was indicated that all repo trades in corporate bonds shall be reported within 15 minutes of the trade on the FIMMDA reporting platform and also to t
Jun 23, 2010
Withdrawn w.e.f. 02/05/2022
Issuance of Non-Convertible Debentures (NCDs)
RBI/2009-10/505 IDMD.DOD.10 /11.01.01(A)/2009-10 June 23, 2010 All Market Participants Dear Sirs, Issuance of Non-Convertible Debentures (NCDs) A reference is invited to paragraph 59 of the Annual Policy Statement for 2010-11 regarding the regulation of Non-Convertible Debentures (NCDs) of maturity up to @@NBSP@@one year. The draft guidelines in the matter were placed on the RBI website on November 3, 2009. 2. Keeping in view the feedback received on the draft guideli
RBI/2009-10/505 IDMD.DOD.10 /11.01.01(A)/2009-10 June 23, 2010 All Market Participants Dear Sirs, Issuance of Non-Convertible Debentures (NCDs) A reference is invited to paragraph 59 of the Annual Policy Statement for 2010-11 regarding the regulation of Non-Convertible Debentures (NCDs) of maturity up to @@NBSP@@one year. The draft guidelines in the matter were placed on the RBI website on November 3, 2009. 2. Keeping in view the feedback received on the draft guideli
May 06, 2010
Withdrawn w.e.f. 16/11/2021
Levy of interest on clearing-related overdraft extended by Clearing House managing banks for settling clearing obligations of member banks
RBI/2009-10/452 DPSS.CO (CHD) No. 2387/03.06.01/2009-2010 May 6, 2010 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Levy of interest on clearing-related overdraft extended by Clearing House managing banks for settling clearing obligations of member banks As you are aware, in terms of provisions conta
RBI/2009-10/452 DPSS.CO (CHD) No. 2387/03.06.01/2009-2010 May 6, 2010 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Levy of interest on clearing-related overdraft extended by Clearing House managing banks for settling clearing obligations of member banks As you are aware, in terms of provisions conta
Apr 23, 2010
Withdrawn w.e.f. 13/05/2022
Interest Subvention - Rupee Export Credit
RBI/2009-10/426 DBOD.Dir.(Exp).BC.No.94/04.02.001/2009-10 April 23, 2010 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp).BC.No.26 /04.02.001/2009-10 dated July 31, 2009. In this connection, the Government of India has decided to extend Interest Subvention of 2 percentage points w.e.f. April 1, 2010 to March 31, 2011 on pre and post shipment rupee credit, for certain employ
RBI/2009-10/426 DBOD.Dir.(Exp).BC.No.94/04.02.001/2009-10 April 23, 2010 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp).BC.No.26 /04.02.001/2009-10 dated July 31, 2009. In this connection, the Government of India has decided to extend Interest Subvention of 2 percentage points w.e.f. April 1, 2010 to March 31, 2011 on pre and post shipment rupee credit, for certain employ
Apr 13, 2010
Withdrawn w.e.f. 16/11/2021
Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)
RBI/2009-10/398DPSS CO No. 2232 / 02.27.005/2009-2010 13th April 2010 To All the Payment Systems Operators authorized under the Payment and Settlement Systems Act, 2007 Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT) Please refer to our letter DPSS.CO.AD.1320/02.27.005/2009-10 dated December 22, 2009. 2. Financial Action Task Force (FATF) has issued a further Statement on February 18, 2010 on the subject (
RBI/2009-10/398DPSS CO No. 2232 / 02.27.005/2009-2010 13th April 2010 To All the Payment Systems Operators authorized under the Payment and Settlement Systems Act, 2007 Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT) Please refer to our letter DPSS.CO.AD.1320/02.27.005/2009-10 dated December 22, 2009. 2. Financial Action Task Force (FATF) has issued a further Statement on February 18, 2010 on the subject (
Dec 22, 2009
Withdrawn w.e.f. 16/11/2021
KYC Norms/AML Standards/Combating Financing of Terrorism - Obligation of Payment System Operators
RBI/2009-10/269 DPSS.CO.AD.No./1320/02.27.005/2009-10 December 22, 2009 To All the Payment System Operators authorized under the Payment and Settlement Systems Act, 2007 Madam/Dear Sir, Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/ Combating the Financing of Terrorism (CFT) obligation of Payment System Operators under Prevention of Money Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009 Attention o
RBI/2009-10/269 DPSS.CO.AD.No./1320/02.27.005/2009-10 December 22, 2009 To All the Payment System Operators authorized under the Payment and Settlement Systems Act, 2007 Madam/Dear Sir, Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/ Combating the Financing of Terrorism (CFT) obligation of Payment System Operators under Prevention of Money Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009 Attention o
Dec 18, 2009
Withdrawn w.e.f. 16/11/2021
Extension of Service Window for RTGS Transactions
RBI/2009-10/265 DPSS (CO) RTGS No. 1313/ 04.04.002 / 2009 – 2010 December 18, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Madam / Dear Sir, Extension of Service Window for RTGS Transactions Please refer to our previous circular RBI/2008-09/362 (DPSS CO RTGS No.1288/04.04.002/2008-2009) dated January 28, 2009 on the captioned subject. On a review of RTGS timings and the volume of business handled by RTGS on Saturdays
RBI/2009-10/265 DPSS (CO) RTGS No. 1313/ 04.04.002 / 2009 – 2010 December 18, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Madam / Dear Sir, Extension of Service Window for RTGS Transactions Please refer to our previous circular RBI/2008-09/362 (DPSS CO RTGS No.1288/04.04.002/2008-2009) dated January 28, 2009 on the captioned subject. On a review of RTGS timings and the volume of business handled by RTGS on Saturdays
Dec 07, 2009
Withdrawn
System Audit of the Payment Systems operated under the PSS Act, 2007
DPSS.AD.No./ 1206/02.27.005/2009-2010 7th December, 2009 To All the entities Authorised to operate Payment Systems in India Madam/Dear Sir, System Audit of the Payment Systems operated @@NBSP@@under the PSS Act, 2007 Please refer to the Certificate of Authorisation issued to you by the Reserve Bank of India under Section 7(1) of the Payment and Settlement Systems Act, 2007, to set up and operate the Payment Systems indicated therein. 2. In order to ensure that the tec
DPSS.AD.No./ 1206/02.27.005/2009-2010 7th December, 2009 To All the entities Authorised to operate Payment Systems in India Madam/Dear Sir, System Audit of the Payment Systems operated @@NBSP@@under the PSS Act, 2007 Please refer to the Certificate of Authorisation issued to you by the Reserve Bank of India under Section 7(1) of the Payment and Settlement Systems Act, 2007, to set up and operate the Payment Systems indicated therein. 2. In order to ensure that the tec
Nov 11, 2009
Withdrawn w.e.f. 18/02/2022
RTGS System - Mandatory Beneficiary Account Number
RBI/2009-10/215 DPSS (CO) RTGS No.949/ 04.04.002 / 2009 - 2010 November 11, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Madam / Dear Sir, RTGS System – Mandatory Beneficiary Account Number The R41 message format in RTGS at present allows transmission of messages even if the beneficiary account number is not given. Further, messages may also flow even if the account number is given in an inappropriate field. 2. Subst
RBI/2009-10/215 DPSS (CO) RTGS No.949/ 04.04.002 / 2009 - 2010 November 11, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Madam / Dear Sir, RTGS System – Mandatory Beneficiary Account Number The R41 message format in RTGS at present allows transmission of messages even if the beneficiary account number is not given. Further, messages may also flow even if the account number is given in an inappropriate field. 2. Subst
Oct 12, 2009
Withdrawn w.e.f. 13/05/2022
Rupee Export Credit Interest Rates
RBI/2009-10/182 DBOD.Dir.(Exp).BC.No. 48/04.02.001/2009-10 October 12, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Rupee Export Credit Interest Rates@@NBSP@@ Please refer to our circular DBOD.Dir.(Exp).BC.No.101/04.02.01/2008-09 dated December 16, 2008 wherein interest subvention of 2% was extended w.e.f. 01.12.2008 to 31.03.2009 on pre and post shipment rupee export credit for certain employment orientated export sectors. The scheme was, the
RBI/2009-10/182 DBOD.Dir.(Exp).BC.No. 48/04.02.001/2009-10 October 12, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Rupee Export Credit Interest Rates@@NBSP@@ Please refer to our circular DBOD.Dir.(Exp).BC.No.101/04.02.01/2008-09 dated December 16, 2008 wherein interest subvention of 2% was extended w.e.f. 01.12.2008 to 31.03.2009 on pre and post shipment rupee export credit for certain employment orientated export sectors. The scheme was, the
Oct 12, 2009
Withdrawn w.e.f. 13/05/2022
Swarna Jayanti Shahari Rozgar Yojana (SJSRY) Revised Guidelines -2009
RBI/2009-10/183RPCD.SP.BC.No.30 / 09.16.01/ 2009 -10 October 12, 2009 The Chairman/Managing DirectorAll Scheduled Commercial Banks(Excluding RRBs) Dear Sir, Swarna Jayanti Shahari Rozgar Yojana (SJSRY) Revised Guidelines -2009 Please refer to our Master Circular RPCD.SP.BC.No 3/09.16.01/2009-10 dated July 1, 2009, issuing instructions/directives to banks with regard to operationalisation of the Swarna Jayanti Shahari Rozgar Yojana (SJSRY). 2. On a review, the Ministry
RBI/2009-10/183RPCD.SP.BC.No.30 / 09.16.01/ 2009 -10 October 12, 2009 The Chairman/Managing DirectorAll Scheduled Commercial Banks(Excluding RRBs) Dear Sir, Swarna Jayanti Shahari Rozgar Yojana (SJSRY) Revised Guidelines -2009 Please refer to our Master Circular RPCD.SP.BC.No 3/09.16.01/2009-10 dated July 1, 2009, issuing instructions/directives to banks with regard to operationalisation of the Swarna Jayanti Shahari Rozgar Yojana (SJSRY). 2. On a review, the Ministry
Aug 24, 2009
Withdrawn w.e.f. 13/05/2022
Increase in exemption of collateral security in respect of individual and group loans under SGSY Scheme
RBI/2009-10/127 RPCD.SP.BC.No 12 /09.01.01/2009-10@@NBSP@@ August 24, 2009 The Chairman /Managing DirectorsAll Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Increase in exemption of collateral security in respect of individual and group loans under SGSY Scheme Please refer to our Circulars No.RPCD.SP.BC23/09.01.01/99 -2000 dated September 1, 1999 and RPCD.SP.BC.113/09.01.01/2002-03 dated July 4, 2002 advising the banks about the exemption of secondary co
RBI/2009-10/127 RPCD.SP.BC.No 12 /09.01.01/2009-10@@NBSP@@ August 24, 2009 The Chairman /Managing DirectorsAll Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Increase in exemption of collateral security in respect of individual and group loans under SGSY Scheme Please refer to our Circulars No.RPCD.SP.BC23/09.01.01/99 -2000 dated September 1, 1999 and RPCD.SP.BC.113/09.01.01/2002-03 dated July 4, 2002 advising the banks about the exemption of secondary co
Jul 31, 2009
Withdrawn w.e.f. 13/05/2022
Rupee Export Credit Interest Rates
RBI/2009-10/110 DBOD.Dir.(Exp).BC.No.26 /04.02.001/2009-10 July 31, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp).BC.No.117/04.02.01/2008-09 dated March 25, 2009 on the captioned subject regarding extension of interest rate subvention to all scheduled commercial banks in respect of Rupee Export Credit to the specified categories of exporters, with effect from April
RBI/2009-10/110 DBOD.Dir.(Exp).BC.No.26 /04.02.001/2009-10 July 31, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp).BC.No.117/04.02.01/2008-09 dated March 25, 2009 on the captioned subject regarding extension of interest rate subvention to all scheduled commercial banks in respect of Rupee Export Credit to the specified categories of exporters, with effect from April
Jul 29, 2009
Withdrawn w.e.f. 16/11/2021
ECS - Accuracy of Input Data/Completeness of Account Number Information in ECS Mandates/Files
RBI/2009-10/109 DPSS (CO) EPPD No. 191/04.01.01/2009-2010 July 29, 2009 The Chairman and Managing Director / Chief Executive Officer of all banks participating in ECS / National-ECS Madam / Dear Sir, Electronic Clearing Service (ECS) – Accuracy of Input Data and Completeness of Account Number Information in ECS Mandates /Files ECS was introduced during the early nineties as an efficient method for effecting bulk and repetitive transactions electronically. While ECS (C
RBI/2009-10/109 DPSS (CO) EPPD No. 191/04.01.01/2009-2010 July 29, 2009 The Chairman and Managing Director / Chief Executive Officer of all banks participating in ECS / National-ECS Madam / Dear Sir, Electronic Clearing Service (ECS) – Accuracy of Input Data and Completeness of Account Number Information in ECS Mandates /Files ECS was introduced during the early nineties as an efficient method for effecting bulk and repetitive transactions electronically. While ECS (C
Jun 25, 2009
Withdrawn w.e.f. 16/11/2021
National Electronic Clearing Service (NECS) - Optimal Usage and Expansion
RBI/2008-09/509DPSS (CO) EPPD No.2283 / 04.01.04 / 2008-2009 June 25, 2009 The Chairman and Managing Director / Chief Executive Officer of all banks participating in NECS Madam / Dear Sir, National Electronic Clearing Service (NECS) – Optimal Usage and Expansion As you are aware, National Electronic Clearing Service (NECS) was introduced during September 2008 for centralised processing of repetitive and bulk payment instructions. NECS facilitates sponsor banks to subm
RBI/2008-09/509DPSS (CO) EPPD No.2283 / 04.01.04 / 2008-2009 June 25, 2009 The Chairman and Managing Director / Chief Executive Officer of all banks participating in NECS Madam / Dear Sir, National Electronic Clearing Service (NECS) – Optimal Usage and Expansion As you are aware, National Electronic Clearing Service (NECS) was introduced during September 2008 for centralised processing of repetitive and bulk payment instructions. NECS facilitates sponsor banks to subm
Jun 16, 2009
Withdrawn w.e.f. 18/02/2022
RTGS Transactions
RBI/2008-09/499 DPSS (CO) RTGS No. 2246 / 04.04.002 / 2008 - 2009 June 16, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Madam / Dear Sir, RTGS Transactions As per the RTGS Business Guidelines, funds that cannot be credited to the account of the beneficiary for some reason or other, has to be sent back to the sender’s account within one hour and thirty minutes. At present, an RTGS customer transaction that is returned
RBI/2008-09/499 DPSS (CO) RTGS No. 2246 / 04.04.002 / 2008 - 2009 June 16, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Madam / Dear Sir, RTGS Transactions As per the RTGS Business Guidelines, funds that cannot be credited to the account of the beneficiary for some reason or other, has to be sent back to the sender’s account within one hour and thirty minutes. At present, an RTGS customer transaction that is returned
May 11, 2009
Withdrawn w.e.f. 18/02/2022
Usage of Inter-bank window for customer transactions
RBI/2008-09/476 DPSS (CO) RTGS No.1959/04.04.002/2008-2009@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ May 11, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Dea
RBI/2008-09/476 DPSS (CO) RTGS No.1959/04.04.002/2008-2009@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ May 11, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Dea
Mar 25, 2009
Withdrawn w.e.f. 13/05/2022
Rupee Export Credit Interest Rates
RBI/2008-09/419 DBOD.Dir.(Exp).BC.No. 117 /04.02.01/2008-09 March 25, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Rupee Export Credit Interest Rates Please refer to our circular DBOD. Dir.(Exp.)No.101/04.02.01/2008-09 dated December 16, 2008 on the captioned subject regarding provision of interest rate subvention to all scheduled commercial banks in respect of Rupee Export Credit to the specified categories of exporters, with effect from December 01
RBI/2008-09/419 DBOD.Dir.(Exp).BC.No. 117 /04.02.01/2008-09 March 25, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Rupee Export Credit Interest Rates Please refer to our circular DBOD. Dir.(Exp.)No.101/04.02.01/2008-09 dated December 16, 2008 on the captioned subject regarding provision of interest rate subvention to all scheduled commercial banks in respect of Rupee Export Credit to the specified categories of exporters, with effect from December 01
Feb 11, 2009
Withdrawn w.e.f. 16/11/2021
Reconciliation of transactions at ATMs failure-Time limit
RBI/2008-2009/ 380 DPSS No. @@NBSP@@1424 / 02.10.02 / 2008-2009 @@NBSP@@ February 11, 2009 @@NBSP@@ The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks /. District Central Co-operative Banks @@NBSP@@ Madam / Dear Sir @@NBSP@@ Reconciliation of transactions at ATMs failure-Time limit @@NBSP@@ The use of Automated Teller Machines (ATMs) for cash withdrawal has b
RBI/2008-2009/ 380 DPSS No. @@NBSP@@1424 / 02.10.02 / 2008-2009 @@NBSP@@ February 11, 2009 @@NBSP@@ The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks /. District Central Co-operative Banks @@NBSP@@ Madam / Dear Sir @@NBSP@@ Reconciliation of transactions at ATMs failure-Time limit @@NBSP@@ The use of Automated Teller Machines (ATMs) for cash withdrawal has b
Jan 28, 2009
Withdrawn w.e.f. 16/11/2021
Extension of service window for RTGS transactions
RBI/2008-09/362 DPSS (CO) RTGS No.1288/04.04.002/2008 - 2009 January 28, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Dear Sir, Extension of service window for RTGS transactions Please refer to our previous circular DPSS (CO) No. 2118 / 04.04.002 / 2007 - 2008 dated June 25, 2008 on the captioned subject. On a review of RTGS timings, the RTGS Standing Committee has decided to extend RTGS timings for customer’s transa
RBI/2008-09/362 DPSS (CO) RTGS No.1288/04.04.002/2008 - 2009 January 28, 2009 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS Dear Sir, Extension of service window for RTGS transactions Please refer to our previous circular DPSS (CO) No. 2118 / 04.04.002 / 2007 - 2008 dated June 25, 2008 on the captioned subject. On a review of RTGS timings, the RTGS Standing Committee has decided to extend RTGS timings for customer’s transa
Dec 16, 2008
Withdrawn w.e.f. 13/05/2022
Rupee Export Credit Interest Rates
RBI/2008-09/ 326 DBOD.Dir.(Exp).BC.No.@@NBSP@@ 101 /04.02.01/2008-09 December 16, 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sirs, Rupee Export Credit Interest Rates The Government of India has decided to extend Interest Subvention of 2 percentage points w.e.f. December 1, 2008 till March 31, 2009 on pre and post shipment rupee export credit,@@NBSP@@ for certain@@NBSP@@ employment oriented export sectors as under: (i) Textiles (including Handloom) (ii)
RBI/2008-09/ 326 DBOD.Dir.(Exp).BC.No.@@NBSP@@ 101 /04.02.01/2008-09 December 16, 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sirs, Rupee Export Credit Interest Rates The Government of India has decided to extend Interest Subvention of 2 percentage points w.e.f. December 1, 2008 till March 31, 2009 on pre and post shipment rupee export credit,@@NBSP@@ for certain@@NBSP@@ employment oriented export sectors as under: (i) Textiles (including Handloom) (ii)
Nov 07, 2008
Withdrawn w.e.f. 13/05/2022
Rupee Export Credit Interest Rates Subvention
RBI/2008-09/274DBOD.Dir.(Exp).BC.No.77/04.02.01/2008- 09November 07, 2008All Scheduled Commercial Banks(excluding RRBs)Dear Sir,Rupee Export Credit Interest Rates SubventionPlease refer to our circulars DBOD. Dir.(Exp.)Nos. 22, 34B, 54, 73 and 28/04.02.01/ 2007-08/2008-09 dated July 13, October 6, November 30, 2007, April 25 and August 1, 2008 respectively to all Scheduled Commercial Banks regarding Rupee Export Credit Interest Rates subvention to the specified catego
RBI/2008-09/274DBOD.Dir.(Exp).BC.No.77/04.02.01/2008- 09November 07, 2008All Scheduled Commercial Banks(excluding RRBs)Dear Sir,Rupee Export Credit Interest Rates SubventionPlease refer to our circulars DBOD. Dir.(Exp.)Nos. 22, 34B, 54, 73 and 28/04.02.01/ 2007-08/2008-09 dated July 13, October 6, November 30, 2007, April 25 and August 1, 2008 respectively to all Scheduled Commercial Banks regarding Rupee Export Credit Interest Rates subvention to the specified catego
Oct 23, 2008
Withdrawn w.e.f. 16/11/2021
Reconciliation of transactions at ATMs failure-Time limit
RBI / DPSS No. 711 / 02.10.02 / 2008-2009 October 23, 2008 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks /. District Central Co-operative Banks Madam / Dear Sir Reconciliation of transactions at ATMs failure-Time limit The use of Automated Teller Machines (ATMs) for cash withdrawal has been increasing in the country.@@NBSP@@ However, of late, we have bee
RBI / DPSS No. 711 / 02.10.02 / 2008-2009 October 23, 2008 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks /. District Central Co-operative Banks Madam / Dear Sir Reconciliation of transactions at ATMs failure-Time limit The use of Automated Teller Machines (ATMs) for cash withdrawal has been increasing in the country.@@NBSP@@ However, of late, we have bee
Oct 08, 2008
Withdrawn w.e.f. 16/11/2021
Levy of Service Charges for Electronic Payment Products and Outstation Cheque Collection
RBI / 2008-09 / 207 DPSS.CO.No. 611 / 03.01.03(P) / 2008-09 October 8, 2008 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Levy of Service Charges for Electronic Payment Products and Outstation Cheque Collection With immediate effect, the framework of charges to be levied by banks for offering various
RBI / 2008-09 / 207 DPSS.CO.No. 611 / 03.01.03(P) / 2008-09 October 8, 2008 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Levy of Service Charges for Electronic Payment Products and Outstation Cheque Collection With immediate effect, the framework of charges to be levied by banks for offering various
Aug 01, 2008
Withdrawn w.e.f. 13/05/2022
Interest Rate Subvention Scheme on Export Credit to be closed
RBI/2008-09/115 DBOD.Dir.(Exp).BC.No.28/04.02.01/2008- 09 August 1,@@NBSP@@ 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp.)BC.No.73/04.02.01/2007-08 dated April 25, 2008 on the captioned subject advising that the interest rate@@NBSP@@ subvention on export credit is extended for one more year from April 01, 2008 to March 31,2009. 2. Now the Government has decided to bring thi
RBI/2008-09/115 DBOD.Dir.(Exp).BC.No.28/04.02.01/2008- 09 August 1,@@NBSP@@ 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp.)BC.No.73/04.02.01/2007-08 dated April 25, 2008 on the captioned subject advising that the interest rate@@NBSP@@ subvention on export credit is extended for one more year from April 01, 2008 to March 31,2009. 2. Now the Government has decided to bring thi
Apr 28, 2008
Withdrawn w.e.f. 13/05/2022
Rupee Export Credit Interest Rates
RBI/2007-2008/301DBOD.Dir.(Exp).BC.No. 77/04.02.01/2007- 08April 28, 2008All Scheduled Commercial Banks(excluding RRBs)Dear Sir,Rupee Export Credit Interest RatesPlease refer to our circular DBOD.Dir.(Exp.)No.41/04.02.01/2007-08 dated October 29, 2007 on the captioned subject.2. The validity of the interest rates on rupee export credit indicated in the above circular would now remain in force up to October 31, 2008. In this connection, you may please refer to RBI circ
RBI/2007-2008/301DBOD.Dir.(Exp).BC.No. 77/04.02.01/2007- 08April 28, 2008All Scheduled Commercial Banks(excluding RRBs)Dear Sir,Rupee Export Credit Interest RatesPlease refer to our circular DBOD.Dir.(Exp.)No.41/04.02.01/2007-08 dated October 29, 2007 on the captioned subject.2. The validity of the interest rates on rupee export credit indicated in the above circular would now remain in force up to October 31, 2008. In this connection, you may please refer to RBI circ
Mar 10, 2008
Withdrawn w.e.f. 16/11/2021
Use of electronic mode of payment for large value transactions
RBI/2007-2008/261 DPSS No. 1407 / 02.10.02 / 2007-2008 March 10, 2008 The Chairman & Managing Director / Chief Executive Officers of all commercial and co-operataive banks Dear Sir / Madam Use of electronic mode of payment for large value transactions Recognising the importance of ensuring the safety and security of the payment systems, Reserve Bank of India (RBI) has put in place three modes of electronic payments i.e. Real time Gross Settlement (RTGS) System, Na
RBI/2007-2008/261 DPSS No. 1407 / 02.10.02 / 2007-2008 March 10, 2008 The Chairman & Managing Director / Chief Executive Officers of all commercial and co-operataive banks Dear Sir / Madam Use of electronic mode of payment for large value transactions Recognising the importance of ensuring the safety and security of the payment systems, Reserve Bank of India (RBI) has put in place three modes of electronic payments i.e. Real time Gross Settlement (RTGS) System, Na
Nov 30, 2007
Withdrawn w.e.f. 13/05/2022
Additional Interest Subvention of 2 per cent to specified Export Sectors
RBI/2007-2008/199DBOD. Dir.(Exp).BC.No.54/04.02.01/2007- 08November 30, 2007All Scheduled Commercial Banks(excluding RRBs)Dear Sirs,Rupee Export Credit Interest Rates Please refer to our circulars DBOD. Dir.(Exp.)No.22 & 34 B/04.02.01/2007-08 dated July 13 and October 6, 2007 respectively on the captioned subject regarding provision of interest subvention of 2 percentage points p.a. to all scheduled commercial banks in respect of rupee export credit to the specifi
RBI/2007-2008/199DBOD. Dir.(Exp).BC.No.54/04.02.01/2007- 08November 30, 2007All Scheduled Commercial Banks(excluding RRBs)Dear Sirs,Rupee Export Credit Interest Rates Please refer to our circulars DBOD. Dir.(Exp.)No.22 & 34 B/04.02.01/2007-08 dated July 13 and October 6, 2007 respectively on the captioned subject regarding provision of interest subvention of 2 percentage points p.a. to all scheduled commercial banks in respect of rupee export credit to the specifi
Nov 15, 2007
Withdrawn w.e.f. 16/11/2021
Access Criteria for Clearing Houses at MICR Centres - Procedural Guidelines
DPSS CO No.704/03.01.14/2007-08 November 15, 2007 The Chairman & Managing Director of banks managing clearing houses Dear Sir, Access Criteria for Clearing Houses at MICR Centres – Procedural Guidelines A Working Group on Access to Payment Systems was constituted by the Reserve Bank and based on its recommendations and the feedback received, criteria for participation as a member in the Clearing Houses at MICR Centres has since been finalized.@@NBSP@@ The procedur
DPSS CO No.704/03.01.14/2007-08 November 15, 2007 The Chairman & Managing Director of banks managing clearing houses Dear Sir, Access Criteria for Clearing Houses at MICR Centres – Procedural Guidelines A Working Group on Access to Payment Systems was constituted by the Reserve Bank and based on its recommendations and the feedback received, criteria for participation as a member in the Clearing Houses at MICR Centres has since been finalized.@@NBSP@@ The procedur
Oct 06, 2007
Withdrawn w.e.f. 13/05/2022
Rupee Export Credit Interest Rates - Extension of period & widening of coverage of sectors
RBI/2007- 2008/155DBOD.Dir.(Exp).BC.No. 34B /04.02.01/2007-08October 6, 2007ToAll Scheduled Commercial Banks(excluding RRBs)Dear Sirs,Rupee Export Credit Interest Rates – Extension of period & widening of coverage of sectorsPlease refer to our circular DBOD.Dir.(Exp.)No.22/04.02.01/2007-08 dated July 13, 2007 on the captioned subject regarding provision of interest subvention of 2 percentage points p.a. to all scheduled commercial banks in respect of rupee export
RBI/2007- 2008/155DBOD.Dir.(Exp).BC.No. 34B /04.02.01/2007-08October 6, 2007ToAll Scheduled Commercial Banks(excluding RRBs)Dear Sirs,Rupee Export Credit Interest Rates – Extension of period & widening of coverage of sectorsPlease refer to our circular DBOD.Dir.(Exp.)No.22/04.02.01/2007-08 dated July 13, 2007 on the captioned subject regarding provision of interest subvention of 2 percentage points p.a. to all scheduled commercial banks in respect of rupee export
Jul 13, 2007
Withdrawn w.e.f. 13/05/2022
Rupee Export Credit Interest Rates
RBI/2007-2008/93 DBOD.Dir.(Exp).BC.No. 22/04.02.01/2007-08 July 13, 2007 All Scheduled Commercial Banks (excluding RRBs) Dear Sirs, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp.)No.80/04.02.01/2006-07 dated April 17, 2007 on the captioned subject. 2. The Government has decided to provide interest subvention of 2 percentage points p.a. to all scheduled commercial banks in respect of rupee export credit to the specified categories of exp
RBI/2007-2008/93 DBOD.Dir.(Exp).BC.No. 22/04.02.01/2007-08 July 13, 2007 All Scheduled Commercial Banks (excluding RRBs) Dear Sirs, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp.)No.80/04.02.01/2006-07 dated April 17, 2007 on the captioned subject. 2. The Government has decided to provide interest subvention of 2 percentage points p.a. to all scheduled commercial banks in respect of rupee export credit to the specified categories of exp
Mar 28, 2007
Withdrawn w.e.f. 13/05/2022
Scheme to cover term loans for agriculture & allied activities under KCC
RBI/2006-2007/294RPCD. PLFS.BC. No. 58/05.05.09/2006-07March 28, 2007The Chairman and Managing Director/ChiefExecutive Officer,All Scheduled Commercial Banks@@NBSP@@Dear Sir,Scheme to cover term loans foragriculture & allied activities under KCC Please refer to our circular RPCD.PLFS.BC.NO 38/05.05.09/2004-05 dated October 4, 2004 forwarding therewith the revised Model Scheme prepared by NABARD and advising you to report the progress in this regard to us, on a mon
RBI/2006-2007/294RPCD. PLFS.BC. No. 58/05.05.09/2006-07March 28, 2007The Chairman and Managing Director/ChiefExecutive Officer,All Scheduled Commercial Banks@@NBSP@@Dear Sir,Scheme to cover term loans foragriculture & allied activities under KCC Please refer to our circular RPCD.PLFS.BC.NO 38/05.05.09/2004-05 dated October 4, 2004 forwarding therewith the revised Model Scheme prepared by NABARD and advising you to report the progress in this regard to us, on a mon
Mar 09, 2007
Withdrawn w.e.f. 16/11/2021
Incentive for improving service to non-chest bank branches
RBI/2006-2007/283 DCM (NPD) No.6316/09.40.02/2006-07 March 9, 2007 The Chairman & Managing Director / Managing Director / Chief Executive Officer, All Banks having currency chests Dear Sir / Madam, Incentive for improving service to non-chest bank branches Please refer to our circulars DCM (NPD) No. G.30/ 09.39.00/2001-02 dated March 23, 2002 and DCM (NPD) No. G.9 /09.39.00/2002-03 dated September 23, 2002 on the captioned subject. 2. It has been decided to allow
RBI/2006-2007/283 DCM (NPD) No.6316/09.40.02/2006-07 March 9, 2007 The Chairman & Managing Director / Managing Director / Chief Executive Officer, All Banks having currency chests Dear Sir / Madam, Incentive for improving service to non-chest bank branches Please refer to our circulars DCM (NPD) No. G.30/ 09.39.00/2001-02 dated March 23, 2002 and DCM (NPD) No. G.9 /09.39.00/2002-03 dated September 23, 2002 on the captioned subject. 2. It has been decided to allow
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