In terms of our circular RPCD.SME&NFS.BC.No.79/06.02.31/2009-10 dated May 6, 2010, banks are mandated not to accept collateral security in the case of loans upto Rs 10 lakh extended to units in the MSE sector.

ಉತ್ತರ. ಹೌದು, ಪಿಪಿಐಗಳ ನಗದು ಲೋಡಿಂಗ್ ಪಿಪಿಐನ ಒಟ್ಟಾರೆ ಮಿತಿಗೆ ಒಳಪಟ್ಟು ಪ್ರತಿ ತಿಂಗಳಿಗೆ 50,000ಕ್ಕೆ ಸೀಮಿತವಾಗಿರುತ್ತದೆ. ಇಲೆಕ್ಟ್ರಾನಿಕ್/ಆನ್ಲೈನ್ ವಿಧಾನದ ಮೂಲಕ ಪಿಪಿಐಗಳ ಲೋಡಿಂಗ್ ಮೇಲಿನ ಮಿತಿಯು ಪಿಪಿಐನ ಒಟ್ಟಾರೆ ಮಿತಿಗೆ ಒಳಪಟ್ಟಿರುತ್ತದೆ

ಭಾರತ ಸರಕಾರದಿಂದ ಸೂಚಿಸಲ್ಪಟ್ಟ ಡಿಸೆಂಬರ್ 16, 2010 ಸೂಚನಾ ಪ್ರಕಾರ ಬಿಎಸ್ಬಿಡಿಎ – ಸ್ಮಾಲ್ ಅಕೌಂಟ್ಸ್ ಈ ಕೆಳಗೆ ತಿಳಿಸಿದ ಷರತ್ತುಗಳಿಗೆ ಬದ್ಧವಾಗಿರುತ್ತವೆ:

1. ಅಂತಹ ಖಾತೆಗಳಲ್ಲಿ ಒಟ್ಟು ಕ್ರೆಡಿಟ್ ಒಂದು ಲಕ್ಷ ರೂಪಾಯಿಗೆ ಮೀರಬಾರದು,
2. ಆ ಅಕೌಂಟಿನಲ್ಲಿ ಯಾವುದೇ ಸಮಯ ಗರಿಷ್ಠ ಬ್ಯಾಲೆನ್ಸ್ ಐವತ್ತು ಸಾವಿರ ರೂಪಾಯಿಗೆ ಮೀರಬಾರದು.
3. ನಗದು ವಿಥ್ಡ್ರಾವಲ್ ಮತ್ತು ಟ್ರಾನ್ಸ್ಫರ್ ಸೇರಿದಂತೆ ಒಟ್ಟು ಡೆಬಿಟ್ ತಿಂಗಳಿಗೆ ಹತ್ತು ಸಾವಿರ ರೂಪಾಯಿ ಮೀರಬಾರದು.
4. ಸಂಬಂಧಿತ ಕೆವೈಸಿ ಪೂರೈಕೆಗಳನ್ನು ಮುಗಿಸದೆ ವಿದೇಶಿ ಹಣವನ್ನು ಸ್ಮಾಲ್ ಅಕೌಂಟ್ಸ್ಗೆ ಕ್ರೆಡಿಟ್ ಮಾಡುವಂತಿಲ್ಲ.
5. ಮೊದಲಿಗೆ ಸ್ಮಾಲ್ ಅಕೌಂಟ್ಸ್ 12 ತಿಂಗಳವರೆಗೆ ಮಾತ್ರ ಮಾನ್ಯವಿರುತ್ತದೆ ಹಾಗೂ ವ್ಯಕ್ತಿಯು ಅಧಿಕೃತವಾಗಿ ಮಾನ್ಯವಿರುವ ದಾಖಲೆಗಳಿಗೆ ಅರ್ಜಿ ಹಾಕಿದ ಪುರಾವೆಯನ್ನು ಸಲ್ಲಿಸಿದರೆ ಇನ್ನೊಂದು 12 ತಿಂಗಳವರೆಗೆ ವಿಸ್ತರಿಸಬಹುದು.
6. ಸ್ಮಾಲ್ ಅಕೌಂಟ್ಸ್ಗಳನ್ನು ಸಿಬಿಎಸ್ ಸಂಪರ್ಕವಿರುವ ಬ್ಯಾಂಕು ಬ್ರಾಂಚುಗಳಲ್ಲಿ ಮಾತ್ರ ತೆರೆಯಬಹುದು ಅಥವಾ ಷರತ್ತುಗಳು ಪೂರೈಸುವುದನ್ನು ಸ್ವತ: [ಮ್ಯಾನುವಲಿ] ನಿಗಾವಹಿಸುವಂತಿದ್ದರೆ ಅಂತಹ ಶಾಖೆಗಳಲ್ಲಿ ತೆರೆಯಬಹುದು.

Ans : It is the responsibility of the user institution to communicate to the beneficiary the details of credit that is being afforded to his / her account, indicating the proposed date of credit, amount and related particulars of the payment. Destination banks have been advised to ensure that the pass books / statements given to the beneficiary account holders reflect particulars of the transaction / credit provided by the ECS user institutions. The beneficiaries can match the entries in the passbook / account statement with the advice received by them from the User Institutions. Many banks also give mobile alerts / messages to customers after credit of such funds to accounts.

• IIBs would be Government securities (G-Sec) and the different classes of investors eligible to invest in G-Secs would also be eligible to invest in IIBs.

• FIIs would be eligible to invest in the forthcoming IIBs but subject to the overall cap for their investment in G-Secs (currently USD 25 billion).

The system is owned by RBI. There are no charges for use of this application by clients. However, since all trades are to be guaranteed and settled by CCIL, PMs will have to pay settlement charges and also continue to deposit adequate margin on behalf of their clients to CCIL.

Ans : IDF-NBFCs will raise resources through issue of either Rupee or Dollar denominated bonds of minimum 5 year maturity. IDF-MFs will raise resources through issue of units of MFs.

The total time for complete implementation of ADF would depend on the cluster in which the bank places itself after making an assessment of Process and Technology maturity as per the methodology given in the Approach Paper. However, it is expected that the banks with advanced IT systems and experience of working in computerised environment would take the lead and implement ADF in shortest possible time, say, even 2-3 months. In general, banks should strive to meet the objectives within shortest possible timelines.

It is the responsibility of the user institution to communicate to the beneficiary the details of credit that is being afforded to his / her account, indicating the proposed date of credit, amount and related particulars of the payment. Destination banks have been advised to ensure that the pass books / statements given to the beneficiary account holders reflect particulars of the transaction / credit provided by the ECS user institutions. The beneficiaries can match the entries in the passbook / account statement with the advice received by them from the User Institutions. Many banks also give mobile alerts / messages to customers after credit of such funds to accounts.

Yes. Banks have the right to set off their dues from the amount of deposits as on cut off date. The deposit insurance is available after netting of such dues.