The provisions made in the above framework shall be applicable to MSMEs having loan limits up to Rs.25 crore, including accounts under consortium or multiple banking arrangement (MBA).

Before a loan account of a MSME turns into a Non-Performing Asset (NPA), banks or creditors should identify incipient stress in the account by creating three sub-categories under the Special Mention Account (SMA) category as given in the Table below:

SMA Sub-categories	Basis for classification
SMA-0	Principal or interest payment not overdue for more than 30 days but account showing signs of incipient stress
SMA-1	Principal or interest payment overdue between 31-60 days
SMA-2	Principal or interest payment overdue between 61-90 days

ಉತ್ತರ. ಪಿಪಿಐದಾರರು ಯಾವುದೇ ಸಮಯದಲ್ಲಿ ಪಿಪಿಐ ಅನ್ನು ಮುಕ್ತಾಯಗೊಳಿಸುವ ಹಾಗೂ ಕೆವೈಸಿ ಅಗತ್ಯತೆಗಳನ್ನು ಅನುಸರಿಸಿದ ನಂತರ ಅವನ/ಅವಳ ‘ಸ್ವಂತ ಬ್ಯಾಂಕ್ ಖಾತೆಗೆ’ ಬಾಕಿ ಇರುವ ಶಿಲ್ಕನ್ನು ವರ್ಗಾಯಿಸುವ ಆಯ್ಕೆಯನ್ನು ಹೊಂದಿರುತ್ತಾರೆ. ಮುಕ್ತಾಯಗೊಳಿಸುವ ಖಾತೆಯ ಆದಾಯವನ್ನು ವರ್ಗಾಯಿಸಲು ಅಂತಹ ವರ್ಗಾವಣೆಗೆ ಅವಕಾಶ ನೀಡುವ ಮೊದಲು ‘ಪಿಪಿಐ ನೀಡಿಕೆದಾರರಿಂದ ಸರಿಯಾಗಿ ಪರಿಶೀಲಿಸಬೇಕು. ಪಿಪಿಐದಾರರು ಮುಕ್ತಾಯಗೊಳಿಸುವ ಸಮಯದಲ್ಲಿ ‘ಮೂಲಕ್ಕೆ ಹಿಂದೆ’ [ಪಿಪಿಐ ಲೋಡ್ ಮಾಡಿದ ಸ್ಥಳದಿಂದ ಪಾವತಿಯ ಮೂಲಕ್ಕೆ] ಹಣವನ್ನು ವರ್ಗಾಣೆ ಮಾಡಬಹುದು.

ಬ್ಯಾಂಕುಗಳು ಎಟಿಎಮ್ ಡೆಬಿಟ್ ಕಾರ್ಡುಗಳನ್ನು ಉಚಿತವಾಗಿ ಕೊಡಬೇಕು ಮತ್ತು ಅಂತಹ ಕಾರ್ಡುಗಳಿಗೆ ವಾರ್ಷಿಕ ಶುಲ್ಕವನ್ನು ವಿಧಿಸಬಾರದು.

Ans : The Reserve Bank of India has deregulated the charges to be levied by sponsor banks from user institutions. The sponsor banks are, however, required to disclose the charges in a transparent manner. With effect from 1st July 2011, originating banks are required to pay a nominal charge of 25 paise per transaction to the Clearing house and destination bank respectively. Destination bank branches have been directed to afford ECS Credit free of charge to the beneficiary account holders.

ECS (DEBIT)

Use of the International Credit Cards (ICCs) / ATMs/ Debit Cards can be made for making personal payments like subscription to foreign journals, internet subscription, etc., and for travel abroad in connection with various purposes only to the extent of the limits specified above. However, the cards can be freely used in India. Use of these instruments for payment in foreign exchange in Nepal and Bhutan is not permitted.

• Like other G-Secs, the day count for IIBs would 30/360.

GAH will be accessing the NDS OM Web Based Module over the internet. To prevent unauthorized access and to ensure non-repudiation, RBI has stipulated that a digital certificate has to be obtained for each GAH User from IDRBT. The digital certificate has to be installed in an e-token which provides the second layer of security. Before a GAH User is created by the PM, the PM has to ensure that the digital certificate and the e-token have been procured for the GAH User.

Ans: There is no restriction with respect to primary/ secondary market investments in specified securities under the on Tap TLTRO scheme.

The Reserve Bank of India has deregulated the charges to be levied by sponsor banks from user institutions. The sponsor banks are, however, required to disclose the charges in a transparent manner. With effect from 1st July 2011, originating banks are required to pay a nominal charge of 25 paise per transaction to the Clearing house and destination bank respectively. Destination bank branches have been directed to afford ECS Credit free of charge to the beneficiary account holders.

The Corporation has deposit insurance liability on liquidation etc. of "Insured banks" i.e. banks which have been de-registered (a) on account of prohibition on receiving fresh deposits or (b) on cancellation of license or it is found that license cannot be granted. The liability of the Corporation in these cases is limited to the extent of deposits as on the date of cancellation of registration of bank as an insured bank.

On liquidation etc. of other de-registered banks i.e. banks which have been de-registered on other grounds such as non payment of premium or their ceasing to be eligible co-operative banks under section 2(gg) of the DICGC Act, 1961, the Corporation will have no liability.

Notice: Information given above is to convey the basic provisions of the deposit insurance scheme of the Corporation. The information is of a non-technical nature and is not intended to be a legal interpretation of the deposit insurance scheme.

There is no restriction on residents holding foreign coins.

Ans: The NEFT Help Desk / Contact point of the RBI can be approached at nefthelpdeskncc@rbi.org.in.

It will be responsibility of aggregator or facilitator to allocate securities to their clients in the same manner (either full or partial) in which they have been allotted the bids.

If a complaint is not settled by an agreement within a period of one month, the Banking Ombudsman proceeds further to pass an Award. Before passing an award, the Banking Ombudsman provides reasonable opportunity to the complainant and the bank, to present their case.It is up to the complainant to accept the award in full and final settlement of or to reject it.

No. Banks cannot accept recurring deposits under FCNR (B) Scheme.

Financial commitment means the amount of direct investment outside India by way of contribution to equity and loans and 50% of the amount of guarantee issued by an Indian party to or on behalf of its overseas JV/WOS.

Franchisers are expected to impart training to the franchisees as regards operations and maintenance of records.

In case the aggregate amount bid is more than the reserved amount through non-competitive bidding, allotment would be made on a pro rata basis.

Example:

Suppose, the amount reserved for allotment in non competitive basis is 10 crore. The total amount bid at the auction for Non competitive segment is 12 crore. The partial allotment percentage is =10/12=83.33%.

The actual allocation in the auction will be as follows:

Bidder	Bid Amount	Allotment
Bank1	2 crore	1,66,70,000/-
Bank2	3 crore	2,50,00,000/-
PD1	1 crore	83,30,000/-
PD2	1 crore	83,30,000/-
Bank3	5 crore	4,16,70,000/-

It may be noted that the actual allotment may vary slightly at times from the partial allotment ratio due to rounding off with a view to ensuring that the allotted amounts are in multiples of 10,000/-.

Ans. The Reserve Bank will consider factors like the need for the proposed payment system, the technical standards and design of proposed system, the security procedures and terms and conditions of operation of the proposed system, the procedure for netting of payment instructions, risk management processes, financial status of the applicant, experience of management and integrity of applicant, consumer interests, monetary and credit policies and other relevant factors while deciding on an application for authorization for commencing or operating a payment system (Section 7 of PSS Act, 2007).

The Reserve Bank will endeavour to dispose of all applications received for authorization within six months from the date of their receipt.