Notifications -Regulating Co-operative Banking - RBI - Reserve Bank of India
Notifications
Nov 11, 2021
Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] - Master Direction on Interest Rate on Deposits
RBI/2021-2022/123 DOR.SOG (SPE).REC.No 67/13.03.00/2021-22 November 11, 2021 All Scheduled Commercial Banks (including Regional Rural Banks) All Small Finance Banks All Local Area Banks All Payment Banks All Primary (Urban) Co-operative Banks/ DCCBs /State Cooperative Banks Dear Sir / Madam, Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] - Master Direction on Interest Rate on Deposits Please refer to the instructions on the Foreign Currency (Non-res
RBI/2021-2022/123 DOR.SOG (SPE).REC.No 67/13.03.00/2021-22 November 11, 2021 All Scheduled Commercial Banks (including Regional Rural Banks) All Small Finance Banks All Local Area Banks All Payment Banks All Primary (Urban) Co-operative Banks/ DCCBs /State Cooperative Banks Dear Sir / Madam, Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] - Master Direction on Interest Rate on Deposits Please refer to the instructions on the Foreign Currency (Non-res
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Jul 02, 2021
Review of Instructions on Interest on overdue domestic deposits
RBI/2021-22/66 DoR.SPE.REC.29/13.03.00/2021-2022 July 02, 2021 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks All Local Area Banks All Primary (Urban) Co-operative Banks/ District Central Co-operative Banks/ State Co-operative Banks Dear Sir / Madam, Review of Instructions on Interest on overdue domestic deposits Please refer to Section 9 (b) of Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2016 dated March 3
RBI/2021-22/66 DoR.SPE.REC.29/13.03.00/2021-2022 July 02, 2021 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks All Local Area Banks All Primary (Urban) Co-operative Banks/ District Central Co-operative Banks/ State Co-operative Banks Dear Sir / Madam, Review of Instructions on Interest on overdue domestic deposits Please refer to Section 9 (b) of Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2016 dated March 3
Jun 28, 2021
Guidelines for Managing Risk in Outsourcing of Financial Services by Co-operative Banks
RBI/2021-22/64 DOR.ORG.REC.27/21.04.158/2021-22 June 28, 2021 The Chief Executive Officer All Co-operative Banks Madam / Dear Sir, Guidelines for Managing Risk in Outsourcing of Financial Services by Co-operative Banks It is observed that the co-operative banks are increasingly using outsourcing as a means for reducing costs as well as for availing specialist expertise, where these are not available internally. 2. While it is entirely the banks’ prerogative to take a
RBI/2021-22/64 DOR.ORG.REC.27/21.04.158/2021-22 June 28, 2021 The Chief Executive Officer All Co-operative Banks Madam / Dear Sir, Guidelines for Managing Risk in Outsourcing of Financial Services by Co-operative Banks It is observed that the co-operative banks are increasingly using outsourcing as a means for reducing costs as well as for availing specialist expertise, where these are not available internally. 2. While it is entirely the banks’ prerogative to take a
Jun 25, 2021
Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks
RBI/2021-2022/62 DOR.CRE(DIR).REC.26/21.04.103/2021-22 June 25, 2021 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/ Dear Sir, Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks With increasing size and scope of business, Primary (Urban) Co-operative Banks (UCBs) are gradually getting exposed to greater degree of risks. It is, therefore, necessary that every UCB focuses its attention on putting in place appropriate risk m
RBI/2021-2022/62 DOR.CRE(DIR).REC.26/21.04.103/2021-22 June 25, 2021 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/ Dear Sir, Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks With increasing size and scope of business, Primary (Urban) Co-operative Banks (UCBs) are gradually getting exposed to greater degree of risks. It is, therefore, necessary that every UCB focuses its attention on putting in place appropriate risk m
Jun 25, 2021
Appointment of Managing Director (MD) / Whole-Time Director (WTD) in Primary (Urban) Co-operative Banks
RBI/2021-22/60 DOR.GOV.REC.25/12.10.000/2021-22 June 25, 2021 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Appointment of Managing Director (MD) / Whole-Time Director (WTD) in Primary (Urban) Co-operative Banks In terms of powers conferred under Sections 10, 10B, 10BB, 35A, 35B, 36AA and 53A (read with Section 56) of the Banking Regulation Act, 1949 (as amended), hereinafter called as “Act”, relati
RBI/2021-22/60 DOR.GOV.REC.25/12.10.000/2021-22 June 25, 2021 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Appointment of Managing Director (MD) / Whole-Time Director (WTD) in Primary (Urban) Co-operative Banks In terms of powers conferred under Sections 10, 10B, 10BB, 35A, 35B, 36AA and 53A (read with Section 56) of the Banking Regulation Act, 1949 (as amended), hereinafter called as “Act”, relati
Jun 10, 2021
Usage of Automated Teller Machines / Cash Recycler Machines - Review of Interchange Fee and Customer Charges
RBI/2021-22/52 DPSS.CO.OD.No.S-182/06.07.011/2021-22 June 10, 2021 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 / Authorised ATM Network Operators / Card Payment Network Operators / White Label ATM Operators Madam / Dear Sir, Usage of Automated Teller Machines / Cash Recycler Machines – Review of Interchange Fee and
RBI/2021-22/52 DPSS.CO.OD.No.S-182/06.07.011/2021-22 June 10, 2021 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 / Authorised ATM Network Operators / Card Payment Network Operators / White Label ATM Operators Madam / Dear Sir, Usage of Automated Teller Machines / Cash Recycler Machines – Review of Interchange Fee and
Jun 04, 2021
Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) - Extension of time
RBI/2021-22/49 DoR.RET.REC.19/12.05.009/2021-22 June 04, 2021 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks, All State Co-operative Banks and Central Co-operative Banks Madam/Sir Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time In terms of Section 31 of the Banking Regulation Act, 1949 (“the Act”), read with Section 56 of the Act, accounts and balance sheet referre
RBI/2021-22/49 DoR.RET.REC.19/12.05.009/2021-22 June 04, 2021 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks, All State Co-operative Banks and Central Co-operative Banks Madam/Sir Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time In terms of Section 31 of the Banking Regulation Act, 1949 (“the Act”), read with Section 56 of the Act, accounts and balance sheet referre
Jun 04, 2021
Resolution Framework - 2.0: Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs) - Revision in the threshold for aggregate exposure
RBI/2021-22/47 DOR.STR.REC.21/21.04.048/2021-22 June 4, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework - 2.0: Resolution of Covid-19 related stress of Micro, Small and
RBI/2021-22/47 DOR.STR.REC.21/21.04.048/2021-22 June 4, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework - 2.0: Resolution of Covid-19 related stress of Micro, Small and
Jun 04, 2021
Resolution Framework - 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses - Revision in the threshold for aggregate exposure
RBI/2021-22/46 DOR.STR.REC.20/21.04.048/2021-22 June 4, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework - 2.0: Resolution of Covid-19 related stress of Individuals and
RBI/2021-22/46 DOR.STR.REC.20/21.04.048/2021-22 June 4, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework - 2.0: Resolution of Covid-19 related stress of Individuals and
May 31, 2021
Customer Due Diligence for transactions in Virtual Currencies (VC)
RBI/2021-22/45 DOR. AML.REC 18 /14.01.001/2021-22 May 31, 2021 All Commercial and Co-operative Banks / Payments Banks/ Small Finance Banks / NBFCs / Payment System Providers Madam / Dear Sir, Customer Due Diligence for transactions in Virtual Currencies (VC) It has come to our attention through media reports that certain banks/ regulated entities have cautioned their customers against dealing in virtual currencies by making a reference to the RBI circular DBR.No.BP.BC
RBI/2021-22/45 DOR. AML.REC 18 /14.01.001/2021-22 May 31, 2021 All Commercial and Co-operative Banks / Payments Banks/ Small Finance Banks / NBFCs / Payment System Providers Madam / Dear Sir, Customer Due Diligence for transactions in Virtual Currencies (VC) It has come to our attention through media reports that certain banks/ regulated entities have cautioned their customers against dealing in virtual currencies by making a reference to the RBI circular DBR.No.BP.BC
May 24, 2021
Amalgamation of District Central Co-operative Banks (DCCBs) with the State Co-operative Bank (StCB) - Guidelines
RBI/2021-22/42 DOR.RUR.REC.No.17/19.51.007/2021-22 May 24, 2021 All State and Central Cooperative Banks Dear Sir/ Madam, Amalgamation of District Central Co-operative Banks (DCCBs) with the State Co-operative Bank (StCB) - Guidelines The Banking Regulation (Amendment) Act, 2020 (39 of 2020) has been notified for the State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) with effect from, April 1, 2021 vide Notification dated December 23, 2020
RBI/2021-22/42 DOR.RUR.REC.No.17/19.51.007/2021-22 May 24, 2021 All State and Central Cooperative Banks Dear Sir/ Madam, Amalgamation of District Central Co-operative Banks (DCCBs) with the State Co-operative Bank (StCB) - Guidelines The Banking Regulation (Amendment) Act, 2020 (39 of 2020) has been notified for the State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) with effect from, April 1, 2021 vide Notification dated December 23, 2020
May 05, 2021
Resolution Framework 2.0 - Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs)
RBI/2021-22/32 DOR.STR.REC.12/21.04.048/2021-22 May 5, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and M
RBI/2021-22/32 DOR.STR.REC.12/21.04.048/2021-22 May 5, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and M
May 05, 2021
Resolution Framework - 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses
RBI/2021-22/31 DOR.STR.REC.11/21.04.048/2021-22 May 5, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework – 2.0: Resolution of Covid-19 related stress of Individuals and S
RBI/2021-22/31 DOR.STR.REC.11/21.04.048/2021-22 May 5, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institutions All Non-Banking Financial Companies (including Housing Finance Companies) Madam / Dear Sir, Resolution Framework – 2.0: Resolution of Covid-19 related stress of Individuals and S
Apr 27, 2021
Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs)
RBI/2021-22/25 Ref.No.DoS.CO.ARG/SEC.01/08.91.001/2021-22 April 27, 2021 The Chairman/Managing Director/Chief Executive Officer,All Commercial Banks (Excluding RRBs)All Primary (Urban) Co-operative Banks (UCBs)All Non-Banking Finance Companies (NBFCs) (Including Housing Finance Companies) Madam/Dear Sir, Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs) The fol
RBI/2021-22/25 Ref.No.DoS.CO.ARG/SEC.01/08.91.001/2021-22 April 27, 2021 The Chairman/Managing Director/Chief Executive Officer,All Commercial Banks (Excluding RRBs)All Primary (Urban) Co-operative Banks (UCBs)All Non-Banking Finance Companies (NBFCs) (Including Housing Finance Companies) Madam/Dear Sir, Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs) The fol
Apr 22, 2021
Declaration of dividends by banks
RBI/2021-22/23 DOR.ACC.REC.7/21.02.067/2021-22 April 22, 2021 All Commercial Banks and Cooperative Banks, Madam / Sir, Declaration of dividends by banks Please refer to our circular DOR.BP.BC.No.29/21.02.067/2020-21 dated December 4, 2020, and other associated circulars on the captioned subject. 2. In view of the continuing uncertainty caused by the ongoing second wave of COVID-19 in the country, it is crucial that banks remain resilient and proactively raise and cons
RBI/2021-22/23 DOR.ACC.REC.7/21.02.067/2021-22 April 22, 2021 All Commercial Banks and Cooperative Banks, Madam / Sir, Declaration of dividends by banks Please refer to our circular DOR.BP.BC.No.29/21.02.067/2020-21 dated December 4, 2020, and other associated circulars on the captioned subject. 2. In view of the continuing uncertainty caused by the ongoing second wave of COVID-19 in the country, it is crucial that banks remain resilient and proactively raise and cons
Mar 12, 2021
Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures
RBI/2020-21/106 DoR.FIN.REC.46/20.16.056/2020-21 March 12, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) excluding Payment Banks All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) All Non-Banking Financial Companies (including Housing Finance Companies) All Credit Information Companies Madam / Sir,
RBI/2020-21/106 DoR.FIN.REC.46/20.16.056/2020-21 March 12, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) excluding Payment Banks All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) All Non-Banking Financial Companies (including Housing Finance Companies) All Credit Information Companies Madam / Sir,
Feb 24, 2021
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List - Amendment of 92 entries
RBI/2020-21/103 DOR.AML.BC.No.44/14.06.001/2020-21 February 24, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Amendment of 92 entries Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on December 18, 2020, in terms of which “Regulated Entities (REs) shall ensure tha
RBI/2020-21/103 DOR.AML.BC.No.44/14.06.001/2020-21 February 24, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Amendment of 92 entries Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on December 18, 2020, in terms of which “Regulated Entities (REs) shall ensure tha
Feb 22, 2021
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List - Deletion of two entries
RBI/2020-21/101 DOR.AML.BC.No.42/14.06.001/2020-21@@NBSP@@@@NBSP@@ February 22, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Deletion of two entries Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on December 18, 2020, in terms of which “Regulated Entities (REs)
RBI/2020-21/101 DOR.AML.BC.No.42/14.06.001/2020-21@@NBSP@@@@NBSP@@ February 22, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List – Deletion of two entries Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on December 18, 2020, in terms of which “Regulated Entities (REs)
Feb 05, 2021
Loans and advances to directors, their relatives, and firms / concerns in which they are interested
RBI/2020-21/89 DOR.CRG.CRS.Cir.No.5/13.05.000/2020-21 February 5, 2021 The Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Loans and advances to directors, their relatives, and firms / concerns in which they are interested Please refer to our circular BPD.Cir.50/13.05.00/2002-03 dated April 29, 2003 on the captioned subject and subsequent instructions issued in this regard. 2. The Banking Regulation Act, 1949 (“the
RBI/2020-21/89 DOR.CRG.CRS.Cir.No.5/13.05.000/2020-21 February 5, 2021 The Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Loans and advances to directors, their relatives, and firms / concerns in which they are interested Please refer to our circular BPD.Cir.50/13.05.00/2002-03 dated April 29, 2003 on the captioned subject and subsequent instructions issued in this regard. 2. The Banking Regulation Act, 1949 (“the
Feb 03, 2021
Risk-Based Internal Audit (RBIA)
RBI/2020-21/88 Ref.No.DoS.CO.PPG./SEC.05/11.01.005/2020-21 @@NBSP@@February 03, 2021 The Chairman / Managing Director / Chief Executive Officer All deposit taking Non-Banking Financial Companies (NBFCs) All non-deposit taking NBFCs (including Core Investment Companies) with asset size of ₹5,000 crore and above All Primary (Urban) Co-operative Banks (UCBs) with asset size of ₹500 crore and above Madam / Dear Sir, Risk-Based Internal Audit (RBIA) An independent and effe
RBI/2020-21/88 Ref.No.DoS.CO.PPG./SEC.05/11.01.005/2020-21 @@NBSP@@February 03, 2021 The Chairman / Managing Director / Chief Executive Officer All deposit taking Non-Banking Financial Companies (NBFCs) All non-deposit taking NBFCs (including Core Investment Companies) with asset size of ₹5,000 crore and above All Primary (Urban) Co-operative Banks (UCBs) with asset size of ₹500 crore and above Madam / Dear Sir, Risk-Based Internal Audit (RBIA) An independent and effe
Dec 04, 2020
Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Regional Rural Banks (RRBs)
RBI/2020-21/76 DOR.RRB.No.28/31.01.001/2020-21 December 4, 2020 All Regional Rural Banks Madam/ Sir, Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Regional Rural Banks (RRBs) In order to provide an additional avenue for liquidity management to Regional Rural Banks (RRBs), it has been decided that Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) will be extended to Scheduled RRBs meeting the followi
RBI/2020-21/76 DOR.RRB.No.28/31.01.001/2020-21 December 4, 2020 All Regional Rural Banks Madam/ Sir, Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Regional Rural Banks (RRBs) In order to provide an additional avenue for liquidity management to Regional Rural Banks (RRBs), it has been decided that Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) will be extended to Scheduled RRBs meeting the followi
Oct 13, 2020
Submission of returns under Section 31 (read with section 56) of the Banking Regulation Act, 1949 - Extension of time
RBI/2020-2021/55 DoR(PCB). BPD.Cir No.4/12.05.001/2020-21 October 13, 2020 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks,All State Co-operative Banks and Central Co-operative Banks Madam / Dear Sir, Submission of returns under Section 31 (read with section 56) of the Banking Regulation Act, 1949 - Extension of time Please refer to our circular DoR (PCB).BPD.Cir.No.2/12.05.001/2020-21 dated August 26, 2020 issued to a
RBI/2020-2021/55 DoR(PCB). BPD.Cir No.4/12.05.001/2020-21 October 13, 2020 The Chairman / Managing Director / Chief Executive Officer All Primary (Urban) Co-operative Banks,All State Co-operative Banks and Central Co-operative Banks Madam / Dear Sir, Submission of returns under Section 31 (read with section 56) of the Banking Regulation Act, 1949 - Extension of time Please refer to our circular DoR (PCB).BPD.Cir.No.2/12.05.001/2020-21 dated August 26, 2020 issued to a
Oct 07, 2020
Interest Subvention Scheme for MSMEs - Co-operative banks
RBI/2020-21/48 DOR (PCB).BPD.Cir No.3/13.05.001/2020-21 October 7, 2020 The Managing Director / Chief Executive OfficerAll Primary (Urban) Co-operative BanksAll State Co-operative BanksAll District Central Co-operative Banks Dear Sir / Madam, Interest Subvention Scheme for MSMEs – Co-operative banks Government of India, Ministry of Micro, Small and Medium Enterprises (MSMEs) had announced the ‘Interest Subvention Scheme for MSMEs 2018’ on November 2, 2018 for Schedule
RBI/2020-21/48 DOR (PCB).BPD.Cir No.3/13.05.001/2020-21 October 7, 2020 The Managing Director / Chief Executive OfficerAll Primary (Urban) Co-operative BanksAll State Co-operative BanksAll District Central Co-operative Banks Dear Sir / Madam, Interest Subvention Scheme for MSMEs – Co-operative banks Government of India, Ministry of Micro, Small and Medium Enterprises (MSMEs) had announced the ‘Interest Subvention Scheme for MSMEs 2018’ on November 2, 2018 for Schedule
Aug 26, 2020
Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) - Extension of time
RBI/2020-21/28 DoR (PCB).BPD.Cir.No.2/12.05.001/2020-21 August 26, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time In terms of section 31 of the Banking Regulation Act, 1949 (“the Act”) read with Section 56 the Act [as amended by the Banking Regulation (Amendment) Ordinance, 2020], accounts and balance-sheet referred to in sec
RBI/2020-21/28 DoR (PCB).BPD.Cir.No.2/12.05.001/2020-21 August 26, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time In terms of section 31 of the Banking Regulation Act, 1949 (“the Act”) read with Section 56 the Act [as amended by the Banking Regulation (Amendment) Ordinance, 2020], accounts and balance-sheet referred to in sec
Aug 21, 2020
Ad-hoc/Short Review/Renewal of Credit Facilities
RBI/2020-21/27 DoS.CO.PPG.BC.1/11.01.005/2020-21 August 21, 2020 All Scheduled Commercial Banks (excluding RRBs) All Small Finance Banks All Urban Cooperative Banks Madam/Dear Sir, Ad-hoc/Short Review/Renewal of Credit Facilities In terms of circular DBOD.No.BP.(SC).BC.98/21.04.103/99 dated October 7, 1999 on Risk Management System in Banks, Scheduled Commercial Banks (SCBs) are required to put in place a board approved credit policy, which, inter alia, should prescri
RBI/2020-21/27 DoS.CO.PPG.BC.1/11.01.005/2020-21 August 21, 2020 All Scheduled Commercial Banks (excluding RRBs) All Small Finance Banks All Urban Cooperative Banks Madam/Dear Sir, Ad-hoc/Short Review/Renewal of Credit Facilities In terms of circular DBOD.No.BP.(SC).BC.98/21.04.103/99 dated October 7, 1999 on Risk Management System in Banks, Scheduled Commercial Banks (SCBs) are required to put in place a board approved credit policy, which, inter alia, should prescri
Aug 12, 2020
System-based asset classification - UCBs
RBI/2020-21/23 DoR (PCB). BPD. Cir. No.1/13.05.001/2020-21 August 12, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, System-based asset classification - UCBs Please refer to the Master Circular DCBR.BPD. (PCB) MC No.12/09.14.000/2015-16 dated July 1, 2015 containing consolidated instructions on income recognition, asset classification, provisioning and other related matters. 2. In order to improve the efficiency, transparency
RBI/2020-21/23 DoR (PCB). BPD. Cir. No.1/13.05.001/2020-21 August 12, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, System-based asset classification - UCBs Please refer to the Master Circular DCBR.BPD. (PCB) MC No.12/09.14.000/2015-16 dated July 1, 2015 containing consolidated instructions on income recognition, asset classification, provisioning and other related matters. 2. In order to improve the efficiency, transparency
Apr 24, 2020
Non-achievement of Priority Sector Lending Targets by Primary (Urban) Co-operative Banks (UCBs) - Contribution to the Rural Infrastructure Development Fund (RIDF) and other funds
RBI/2019-20/226 DOR (PCB).BPD.Cir.No.12/09.09.002/2019-20 April 24, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Non-achievement of Priority Sector Lending Targets by Primary (Urban) Co-operative Banks (UCBs) - Contribution to the Rural Infrastructure Development Fund (RIDF) and other funds Please refer to the circular DCBR.BPD (PCB).Cir.No.07/09.09.002/2017-18 dated May 10, 2018 on Revised Guidelines on Lending to Priority
RBI/2019-20/226 DOR (PCB).BPD.Cir.No.12/09.09.002/2019-20 April 24, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Non-achievement of Priority Sector Lending Targets by Primary (Urban) Co-operative Banks (UCBs) - Contribution to the Rural Infrastructure Development Fund (RIDF) and other funds Please refer to the circular DCBR.BPD (PCB).Cir.No.07/09.09.002/2017-18 dated May 10, 2018 on Revised Guidelines on Lending to Priority
Apr 20, 2020
Provisioning on interbank exposure of Primary (Urban) Co-operative Banks (UCBs) under All Inclusive Directions
RBI/2019-20/222DOR.(PCB).BPD.Cir.No.11/16.20.000/2019-20 April 20, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Provisioning on interbank exposure of Primary (Urban) Co-operative Banks (UCBs) under All Inclusive Directions As you are aware, the imposition of All-inclusive Directions (AID) on an Urban Co-operative Bank (UCB), inter alia, restricts the bank from discharging its liabilities except as permitted by RBI. This imp
RBI/2019-20/222DOR.(PCB).BPD.Cir.No.11/16.20.000/2019-20 April 20, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Provisioning on interbank exposure of Primary (Urban) Co-operative Banks (UCBs) under All Inclusive Directions As you are aware, the imposition of All-inclusive Directions (AID) on an Urban Co-operative Bank (UCB), inter alia, restricts the bank from discharging its liabilities except as permitted by RBI. This imp
Mar 13, 2020
Limits on exposure to single and group borrowers/parties and large exposures and Revision in the target for priority sector lending - UCBs
RBI/2019-20/171 DOR (PCB).BPD.Cir No.10/13.05.000/2019-20 March 13, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Limits on exposure to single and group borrowers/parties and large exposures and Revision in the target for priority sector lending – UCBs Please refer to paragraph 1 of the Statement on Developmental and Regulatory Policies dated December 5, 2019 (extract enclosed) and the subsequent draft circular on the subjec
RBI/2019-20/171 DOR (PCB).BPD.Cir No.10/13.05.000/2019-20 March 13, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Limits on exposure to single and group borrowers/parties and large exposures and Revision in the target for priority sector lending – UCBs Please refer to paragraph 1 of the Statement on Developmental and Regulatory Policies dated December 5, 2019 (extract enclosed) and the subsequent draft circular on the subjec
Jan 16, 2020
Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs
RBI/2019-20/144 DoS.OSMOS.No.4633/33.05.018/2019-20 January 16, 2020 Primary (Urban) Co-operative Banks Dear Sir / Madam Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) – UCBs We draw your attention to RBI Circular DOR (PCB). BPD.Cir.No.7/13.05.000/2019-20 dated December 27, 2019 on "Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs". In terms of the instructions, Primary (Urban
RBI/2019-20/144 DoS.OSMOS.No.4633/33.05.018/2019-20 January 16, 2020 Primary (Urban) Co-operative Banks Dear Sir / Madam Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) – UCBs We draw your attention to RBI Circular DOR (PCB). BPD.Cir.No.7/13.05.000/2019-20 dated December 27, 2019 on "Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs". In terms of the instructions, Primary (Urban
Jan 09, 2020
Amendment to Master Direction (MD) on KYC
RBI/2019-20/138 DOR.AML.BC.No.27/14.01.001/2019-20 January 9, 2020 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Amendment to Master Direction (MD) on KYC Government of India, vide Gazette Notification G.S.R. 582(E) dated August 19, 2019 and Gazette Notification G.S.R. 840(E) dated November 13, 2019, has notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. Further, with a view to leveraging the digital c
RBI/2019-20/138 DOR.AML.BC.No.27/14.01.001/2019-20 January 9, 2020 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/Madam, Amendment to Master Direction (MD) on KYC Government of India, vide Gazette Notification G.S.R. 582(E) dated August 19, 2019 and Gazette Notification G.S.R. 840(E) dated November 13, 2019, has notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. Further, with a view to leveraging the digital c
Jan 06, 2020
Supervisory Action Framework for Primary (Urban) Co-operative Banks (UCBs)
RBI/2019-20/135 DOR (PCB).BPD. Cir No. 9/12.05.001/2019-20 January 6, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Supervisory Action Framework for Primary (Urban) Co-operative Banks (UCBs) Please refer to our circular UBD.BPD.(PCB). Cir No. 3/12.05.001/2014-15 dated November 27, 2014 on the captioned subject containing the Supervisory Action Framework (SAF) for UCBs. Keeping in view the experience gained, it has been decid
RBI/2019-20/135 DOR (PCB).BPD. Cir No. 9/12.05.001/2019-20 January 6, 2020 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Supervisory Action Framework for Primary (Urban) Co-operative Banks (UCBs) Please refer to our circular UBD.BPD.(PCB). Cir No. 3/12.05.001/2014-15 dated November 27, 2014 on the captioned subject containing the Supervisory Action Framework (SAF) for UCBs. Keeping in view the experience gained, it has been decid
Dec 31, 2019
Constitution of Board of Management (BoM) in Primary (Urban) Co-operative Banks (UCBs)
RBI/2019-20/128 DoR (PCB).BPD.Cir.No.8/12.05.002/2019-20 December 31, 2019 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam / Dear Sir, Constitution of Board of Management (BoM) in Primary (Urban) Co-operative Banks (UCBs) Reserve Bank of India had released draft guidelines on constituting BoM in UCBs on June 25, 2018 inviting comments from banks and other stakeholders. Taking into consideration the responses received, it has been decided t
RBI/2019-20/128 DoR (PCB).BPD.Cir.No.8/12.05.002/2019-20 December 31, 2019 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam / Dear Sir, Constitution of Board of Management (BoM) in Primary (Urban) Co-operative Banks (UCBs) Reserve Bank of India had released draft guidelines on constituting BoM in UCBs on June 25, 2018 inviting comments from banks and other stakeholders. Taking into consideration the responses received, it has been decided t
Dec 31, 2019
Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) - A Graded Approach
RBI/2019-20/129 DoS.CO/CSITE/BC.4083/31.01.052/2019-20 December 31, 2019 To The Chairman/Managing Director/Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/Dear Sir, Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach Please refer to para I (3) of the Statement on Developmental and Regulatory policies of the Fifth Bi-monthly Monetary Policy Statement for 2019-20 dated December 5, 2019 (extract enc
RBI/2019-20/129 DoS.CO/CSITE/BC.4083/31.01.052/2019-20 December 31, 2019 To The Chairman/Managing Director/Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/Dear Sir, Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach Please refer to para I (3) of the Statement on Developmental and Regulatory policies of the Fifth Bi-monthly Monetary Policy Statement for 2019-20 dated December 5, 2019 (extract enc
Dec 27, 2019
Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs
RBI/2019-20/125 DOR (PCB).BPD.Cir.No.7/13.05.000/2019-20 December 27, 2019 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs Please refer to paragraph 2 of the Statement on Developmental and Regulatory Policies dated December 5, 2019 on ‘Primary (Urban) Co-operative Banks - Reporting to Central Repository of Information on Large Credits
RBI/2019-20/125 DOR (PCB).BPD.Cir.No.7/13.05.000/2019-20 December 27, 2019 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs Please refer to paragraph 2 of the Statement on Developmental and Regulatory Policies dated December 5, 2019 on ‘Primary (Urban) Co-operative Banks - Reporting to Central Repository of Information on Large Credits
Nov 21, 2019
Change in name of “West Bengal State Co-operative Bank Ltd.” to “The West Bengal State Co-operative Bank Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2019-20/101 DOR.RCB.No.06/19.51.025/2019-20 24 Kartik 1941 November 15, 2019 All State Co-operative Banks/ Central Co-operative Banks Madam / Dear Sir Change in name of “West Bengal State Co-operative Bank Ltd.” to “The West Bengal State Co-operative Bank Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “West Bengal State Co-operative Bank Ltd.” has been substituted with “The West Bengal State Co-operative Bank Ltd.” i
RBI/2019-20/101 DOR.RCB.No.06/19.51.025/2019-20 24 Kartik 1941 November 15, 2019 All State Co-operative Banks/ Central Co-operative Banks Madam / Dear Sir Change in name of “West Bengal State Co-operative Bank Ltd.” to “The West Bengal State Co-operative Bank Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “West Bengal State Co-operative Bank Ltd.” has been substituted with “The West Bengal State Co-operative Bank Ltd.” i
Nov 07, 2019
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 - The Meghalaya Co-operative Apex Bank Ltd.
RBI/2019-20/93 DCBR.RCB.BC.No.05/19.51.025/2019-20 Kartika 9, 1941 October 31, 2019 All State Co-operative Banks/ Central Cooperative Banks Madam / Dear Sir Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – The Meghalaya Co-operative Apex Bank Ltd. We advise that the name of “The Meghalaya Co-operative Apex Bank Ltd.” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.CO.RCBD.No.02/19.51.025/201
RBI/2019-20/93 DCBR.RCB.BC.No.05/19.51.025/2019-20 Kartika 9, 1941 October 31, 2019 All State Co-operative Banks/ Central Cooperative Banks Madam / Dear Sir Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – The Meghalaya Co-operative Apex Bank Ltd. We advise that the name of “The Meghalaya Co-operative Apex Bank Ltd.” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.CO.RCBD.No.02/19.51.025/201
Oct 11, 2019
Revision in Proforma and Reporting of Bank / Branch details under the Central Information System for Banking Infrastructure (CISBI)
RBI/2019-20/81 DCBR.BPD.(PCB/RCB).Cir.No.04/07.01.000/2019-20 October 11, 2019 The Chief Executive Officer All Primary (Urban) Co-operative Banks / All State Co-operative Banks / All District Central Co-operative Banks Madam / Dear Sir, Revision in Proforma and Reporting of Bank / Branch details under the Central Information System for Banking Infrastructure (CISBI) Please refer to our circulars UBD.CO.LS.Cir.No./43/07.01.000/2006-07 dated May 09, 2007 and RPCD.CO.RF.
RBI/2019-20/81 DCBR.BPD.(PCB/RCB).Cir.No.04/07.01.000/2019-20 October 11, 2019 The Chief Executive Officer All Primary (Urban) Co-operative Banks / All State Co-operative Banks / All District Central Co-operative Banks Madam / Dear Sir, Revision in Proforma and Reporting of Bank / Branch details under the Central Information System for Banking Infrastructure (CISBI) Please refer to our circulars UBD.CO.LS.Cir.No./43/07.01.000/2006-07 dated May 09, 2007 and RPCD.CO.RF.
Sep 05, 2019
Change in name of “The Orissa State Co-operative Bank Ltd.” to “The Odisha State Co-operative Bank Ltd” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2019-20/56 DCBR.RCB.No.03/19.51.025/2019-20 Bhadrapada 1, 1941 August 23, 2019 All State Co-operative Banks/ Central Co-operative Banks Madam / Dear Sir Change in name of “The Orissa State Co-operative Bank Ltd.” to “The Odisha State Co-operative Bank Ltd” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “The Orissa State Co-operative Bank Ltd.” has been substituted with “The Odisha State Co-operative Bank Ltd.” in the Secon
RBI/2019-20/56 DCBR.RCB.No.03/19.51.025/2019-20 Bhadrapada 1, 1941 August 23, 2019 All State Co-operative Banks/ Central Co-operative Banks Madam / Dear Sir Change in name of “The Orissa State Co-operative Bank Ltd.” to “The Odisha State Co-operative Bank Ltd” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “The Orissa State Co-operative Bank Ltd.” has been substituted with “The Odisha State Co-operative Bank Ltd.” in the Secon
Aug 02, 2019
Financial Inclusion - Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA)
RBI/2019-20/31 DCBR.BPD (PCB/RCB).Cir.No.02/13.01.000/2019-20 August 2, 2019 The Chief Executive Officer All Primary (Urban) Co-operative Banks,All State/ Central Co-operative Banks Madam / Dear Sir, Financial Inclusion - Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA) Please refer to our circulars UBD.BPD.Cir.No.5/13.01.000/2012-13 dated August 17, 2012 and RPCD.CO.RRB.RCB.BC.No.24/07.38.01/2012-13 dated August 22, 2012 on the captioned subjec
RBI/2019-20/31 DCBR.BPD (PCB/RCB).Cir.No.02/13.01.000/2019-20 August 2, 2019 The Chief Executive Officer All Primary (Urban) Co-operative Banks,All State/ Central Co-operative Banks Madam / Dear Sir, Financial Inclusion - Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA) Please refer to our circulars UBD.BPD.Cir.No.5/13.01.000/2012-13 dated August 17, 2012 and RPCD.CO.RRB.RCB.BC.No.24/07.38.01/2012-13 dated August 22, 2012 on the captioned subjec
Jun 13, 2019
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 - Delhi State Co-operative Bank Ltd., Delhi
RBI/2018-19/211 DCBR.RCBD.BC.No.11/19.51.025/2018-19 Jyeshtha 12, 1941 June 12, 2019 All State Co-operative Banks/ Central Cooperative Banks Madam/Dear Sir Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Delhi State Co-operative Bank Ltd., Delhi We advise that the name of “Delhi State Co-operative Bank Ltd., Delhi" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.CO.RCBD.No.02/19.51.025/2018
RBI/2018-19/211 DCBR.RCBD.BC.No.11/19.51.025/2018-19 Jyeshtha 12, 1941 June 12, 2019 All State Co-operative Banks/ Central Cooperative Banks Madam/Dear Sir Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Delhi State Co-operative Bank Ltd., Delhi We advise that the name of “Delhi State Co-operative Bank Ltd., Delhi" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.CO.RCBD.No.02/19.51.025/2018
Jun 10, 2019
Sale of Securities held in Held to Maturity (HTM) Category - Accounting treatment
RBI/2018-19/205 DCBR.BPD.(PCB) Cir.No.10/16.20.000/2018-19 June 10, 2019 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam / Dear Sir, Sale of Securities held in Held to Maturity (HTM) Category - Accounting treatment Please refer to Para 16.2 of Master Circular DCBR.BPD.(PCB).MC.No.4/16.20.000/2015-16 dated July 01, 2015 on Investments by Primary (Urban) Co-operative Banks (UCBs) indicating that securities acquired by banks with the intentio
RBI/2018-19/205 DCBR.BPD.(PCB) Cir.No.10/16.20.000/2018-19 June 10, 2019 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam / Dear Sir, Sale of Securities held in Held to Maturity (HTM) Category - Accounting treatment Please refer to Para 16.2 of Master Circular DCBR.BPD.(PCB).MC.No.4/16.20.000/2015-16 dated July 01, 2015 on Investments by Primary (Urban) Co-operative Banks (UCBs) indicating that securities acquired by banks with the intentio
Feb 07, 2019
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 - Tripura State Co-operative Bank Ltd., Tripura
RBI/2018-19/116 DCBR.RCB.BC.No. 07/19.51.025/2018-19 Magha 15, 1940 February 4, 2019 All State Co-operative Banks/ Central Cooperative Banks Madam / Dear Sir Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Tripura State Co-operative Bank Ltd., Tripura We advise that the name of “Tripura State Co-operative Bank Ltd., Tripura" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.CO.RCBD.No.01/19.5
RBI/2018-19/116 DCBR.RCB.BC.No. 07/19.51.025/2018-19 Magha 15, 1940 February 4, 2019 All State Co-operative Banks/ Central Cooperative Banks Madam / Dear Sir Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Tripura State Co-operative Bank Ltd., Tripura We advise that the name of “Tripura State Co-operative Bank Ltd., Tripura" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.CO.RCBD.No.01/19.5
Oct 19, 2018
Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)
RBI/2018-19/63 DCBS.CO.PCB.Cir.No.1/18.01.000/2018-19 October 19, 2018 To, The Chairman/Managing Director/Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/Dear Sir, Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) Use of Information Technology by banks has grown rapidly and is now an important part of the operational strategy of banks. The number, frequency and impact of cyber incidents/attacks have increased manifold in
RBI/2018-19/63 DCBS.CO.PCB.Cir.No.1/18.01.000/2018-19 October 19, 2018 To, The Chairman/Managing Director/Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/Dear Sir, Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) Use of Information Technology by banks has grown rapidly and is now an important part of the operational strategy of banks. The number, frequency and impact of cyber incidents/attacks have increased manifold in
Sep 27, 2018
Voluntary Transition of Primary (Urban) Co-operative Banks (UCBs) into Small Finance Banks (SFBs)
RBI/2018-19/52 DCBR.CO.LS.PCB. Cir.No.5/07.01.000/2018-19 September 27, 2018 Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir / Madam, Voluntary Transition of Primary (Urban) Co-operative Banks (UCBs) into Small Finance Banks (SFBs) Please refer to Paragraph 4 of the Statement on Developmental and Regulatory Policies announced on June 6, 2018 (extract enclosed) on the captioned subject. 2. Accordingly, a Scheme for voluntary transition of el
RBI/2018-19/52 DCBR.CO.LS.PCB. Cir.No.5/07.01.000/2018-19 September 27, 2018 Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir / Madam, Voluntary Transition of Primary (Urban) Co-operative Banks (UCBs) into Small Finance Banks (SFBs) Please refer to Paragraph 4 of the Statement on Developmental and Regulatory Policies announced on June 6, 2018 (extract enclosed) on the captioned subject. 2. Accordingly, a Scheme for voluntary transition of el
Aug 16, 2018
Investments in Non-SLR Securities by Primary (Urban) Co-operative Banks - Approved counterparties for secondary market transactions
RBI/2018-19/37 DCBR.BPD.(PCB).Cir.No.02/16.20.000/2018-19 August 16, 2018 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Investments in Non-SLR Securities by Primary (Urban) Co-operative Banks – Approved counterparties for secondary market transactions Please refer to para 2 (iii) (i) of our circular UBD.(PCB).BPD.Cir.No.46/16.20.000/2008-09 dated January 30, 2009 advising the Primary (Urban) Co-operative Banks (UCBs) that all tr
RBI/2018-19/37 DCBR.BPD.(PCB).Cir.No.02/16.20.000/2018-19 August 16, 2018 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Investments in Non-SLR Securities by Primary (Urban) Co-operative Banks – Approved counterparties for secondary market transactions Please refer to para 2 (iii) (i) of our circular UBD.(PCB).BPD.Cir.No.46/16.20.000/2008-09 dated January 30, 2009 advising the Primary (Urban) Co-operative Banks (UCBs) that all tr
Aug 16, 2018
Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Scheduled Co-operative Banks
RBI/2018-19/38 DCBR.BPD.(PCB/RCB).Cir.No.3/16.27.000/2018-19 August 16, 2018 The Chief Executive Officers ofAll Scheduled Primary (Urban) Co-operative Banks/All Scheduled State Co-operative Banks Madam / Dear Sir, Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Scheduled Co-operative Banks Please refer to our circular UBD.BPD.(SCB).Cir.No.1/16.27.000/2014-15 dated October 29, 2014 regarding Introduction of Liquidity Adjustm
RBI/2018-19/38 DCBR.BPD.(PCB/RCB).Cir.No.3/16.27.000/2018-19 August 16, 2018 The Chief Executive Officers ofAll Scheduled Primary (Urban) Co-operative Banks/All Scheduled State Co-operative Banks Madam / Dear Sir, Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Scheduled Co-operative Banks Please refer to our circular UBD.BPD.(SCB).Cir.No.1/16.27.000/2014-15 dated October 29, 2014 regarding Introduction of Liquidity Adjustm
Jul 12, 2018
Incorporation of Name of the Purchaser on the Face of the Demand Draft
RBI/2018-19/14 DBR.AML.BC.No.210/14.01.001/2018-19 July 12, 2018 The Chairperson/CEOs of all Scheduled Commercial Banks includingRegional Rural Banks/Urban Co-operative Banks/State Co-operative Banks/District Central Co-operative Banks/Local Area Banks/Small FinanceBanks/Payment Banks Dear Sir/Madam, Incorporation of Name of the Purchaser on the Face of the Demand Draft In order to address the concerns arising out of the anonymity provided by payments through demand d
RBI/2018-19/14 DBR.AML.BC.No.210/14.01.001/2018-19 July 12, 2018 The Chairperson/CEOs of all Scheduled Commercial Banks includingRegional Rural Banks/Urban Co-operative Banks/State Co-operative Banks/District Central Co-operative Banks/Local Area Banks/Small FinanceBanks/Payment Banks Dear Sir/Madam, Incorporation of Name of the Purchaser on the Face of the Demand Draft In order to address the concerns arising out of the anonymity provided by payments through demand d
Jul 06, 2018
Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks - Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) by Co-operative banks
RBI/2018-19/12 DCBR.BPD.(PCB/RCB)Cir.No.1/16.20.000/2018-19 July 6, 2018 The Chief Executive Officer All Primary (Urban) Co-operative Banks / All State Co-operative Banks / All District Central Co-operative Banks Dear Sir/Madam, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) by Co-operative banks Please refer to circular UBD.No.BPD.PCB.Cir.12/0
RBI/2018-19/12 DCBR.BPD.(PCB/RCB)Cir.No.1/16.20.000/2018-19 July 6, 2018 The Chief Executive Officer All Primary (Urban) Co-operative Banks / All State Co-operative Banks / All District Central Co-operative Banks Dear Sir/Madam, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) by Co-operative banks Please refer to circular UBD.No.BPD.PCB.Cir.12/0
Jun 14, 2018
Change in name of “The Mahanagar Co-operative Bank Limited, Mumbai” to “GS Mahanagar Co-operative Bank Limited, Mumbai” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2017-18/196 DCBR.RAD.(PCB/RCB) Cir. No.08/07.12.001/2017-18 June 14, 2018 All Commercial Banks,Primary (Urban) Co-operative Banks (UCBs)State Co-operative Banks (StCBs) andDistrict Central Co-operative Banks (DCCBs) Dear Sir/ Madam Change in name of “The Mahanagar Co-operative Bank Limited, Mumbai” to “GS Mahanagar Co-operative Bank Limited, Mumbai” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “The Mahanagar Co-operative
RBI/2017-18/196 DCBR.RAD.(PCB/RCB) Cir. No.08/07.12.001/2017-18 June 14, 2018 All Commercial Banks,Primary (Urban) Co-operative Banks (UCBs)State Co-operative Banks (StCBs) andDistrict Central Co-operative Banks (DCCBs) Dear Sir/ Madam Change in name of “The Mahanagar Co-operative Bank Limited, Mumbai” to “GS Mahanagar Co-operative Bank Limited, Mumbai” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of “The Mahanagar Co-operative
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