UCBs - collection of foreign currency denominated cheques

RBI/2009-10/438 UBD. BPD. (PCB). Cir. No.3/16.26.000/2009-10 April 30, 2010 The Chief Executive Officers of All AD I and AD II UCBs Dear Sir Collection of foreign currency denominated cheques Please refer to our circular UBD. (PCB). Cir. No. 33/16.26.00/2008-09 dated January 14, 2009 advising the steps to be taken for providing a customer friendly arrangement for collection of US Dollar denominated cheques. 2. On a review of the action taken by banks, improvements in

RBI/2009-10/438 UBD. BPD. (PCB). Cir. No.3/16.26.000/2009-10 April 30, 2010 The Chief Executive Officers of All AD I and AD II UCBs Dear Sir Collection of foreign currency denominated cheques Please refer to our circular UBD. (PCB). Cir. No. 33/16.26.00/2008-09 dated January 14, 2009 advising the steps to be taken for providing a customer friendly arrangement for collection of US Dollar denominated cheques. 2. On a review of the action taken by banks, improvements in

UCBs - collection of foreign currency denominated cheques

Relaxation to Trade and Industry in the State of Jammu & Kashmir

RBI/2009-10/436 DBOD. No. BP. BC. 100/21.04.012/2009-10 April 29, 2010 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Relaxation to Trade and Industry in the State of Jammu & Kashmir Please refer to our circular DBOD.No.BP.BC.135/21.04.012/2008-2009 dated May 26, 2009 extending the period of concessions/ credit relaxations to borrowers/customers in Jammu & Kashmir up to 31 March 2010. It has been decided that the conces

RBI/2009-10/436 DBOD. No. BP. BC. 100/21.04.012/2009-10 April 29, 2010 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Relaxation to Trade and Industry in the State of Jammu & Kashmir Please refer to our circular DBOD.No.BP.BC.135/21.04.012/2008-2009 dated May 26, 2009 extending the period of concessions/ credit relaxations to borrowers/customers in Jammu & Kashmir up to 31 March 2010. It has been decided that the conces

Relaxation to Trade and Industry in the State of Jammu & Kashmir

List of Terrorist individuals / organizations - under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida Organisation - UCBs

RBI/2009-10/435 UBD. BPD. (PCB).Cir. No. 61 /14.01.062/2009-10 April 29, 2010 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, List of Terrorist individuals / organizations – under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida Organisation@@NBSP@@ - UCBs Please refer to our circular UBD (PCB) CO.BPD. Cir. No. 57 / 14.01.062 / 2009-10 dated April 19, 2010 on the above subject. We have since received from Government of In

RBI/2009-10/435 UBD. BPD. (PCB).Cir. No. 61 /14.01.062/2009-10 April 29, 2010 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, List of Terrorist individuals / organizations – under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida Organisation@@NBSP@@ - UCBs Please refer to our circular UBD (PCB) CO.BPD. Cir. No. 57 / 14.01.062 / 2009-10 dated April 19, 2010 on the above subject. We have since received from Government of In

List of Terrorist individuals / organizations - under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida Organisation - UCBs

UCBs - List of Credit Information Companies

RBI/ 2009-10/437 UBD.CO.BPD.Cir.No. 60/09.11.200/2009-10 April@@NBSP@@ 29, 2010 The Chief Executive Officer All Primary Urban Co-operative Banks Dear Sir, Credit Information Companies (Regulation) Act, 2005 – List of Credit Information Companies Please refer to our circular UBD.CO BPD.No.25/09.11.200/2009-10 dated December 3, 2009 on the captioned subject. In this connection, we advise that apart from Credit Information Bureau of India Ltd., (existing credit informati

RBI/ 2009-10/437 UBD.CO.BPD.Cir.No. 60/09.11.200/2009-10 April@@NBSP@@ 29, 2010 The Chief Executive Officer All Primary Urban Co-operative Banks Dear Sir, Credit Information Companies (Regulation) Act, 2005 – List of Credit Information Companies Please refer to our circular UBD.CO BPD.No.25/09.11.200/2009-10 dated December 3, 2009 on the captioned subject. In this connection, we advise that apart from Credit Information Bureau of India Ltd., (existing credit informati

UCBs - List of Credit Information Companies

Know Your Customer (KYC) Norms/ Anti- Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)

RBI/2009-10/433 RPCD.CO.RRB.AML.No.11048/03.05.28(A) /2009-10 April 27, 2010 The Chairman Regional Rural Bank Dear Sir, Know Your Customer (KYC) Norms/ Anti- Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) Please refer to our letter RPCD.CO.RRB.NO.6557/03.05.28-A/2009-10 dated December 10, 2009 on risks arising from the deficiencies in AML/CFT regime of Iran, Uzbekistan, Pakistan, Turkmenistan, and Sao Tome and Principe. 2. Financial Action

RBI/2009-10/433 RPCD.CO.RRB.AML.No.11048/03.05.28(A) /2009-10 April 27, 2010 The Chairman Regional Rural Bank Dear Sir, Know Your Customer (KYC) Norms/ Anti- Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) Please refer to our letter RPCD.CO.RRB.NO.6557/03.05.28-A/2009-10 dated December 10, 2009 on risks arising from the deficiencies in AML/CFT regime of Iran, Uzbekistan, Pakistan, Turkmenistan, and Sao Tome and Principe. 2. Financial Action

Know Your Customer (KYC) Norms/ Anti- Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)

Financial Inclusion by Extension of Banking Services - Use of Business Correspondents (BCs)

RBI /2009-10/432 DBOD.No.BL.BC. 99/22.01.009/2009-2010 April @@NBSP@@26, 2010 Vaishakha 6, 1932 (S) All Commercial banks (including RRBs and Local Area Banks) Dear Sir/Madam Financial Inclusion by Extension of Banking Services – Use of Business Correspondents (BCs) A reference is invited to paragraph 79 of the Annual Policy Statement for the year 2010-11(extracts enclosed as Annex) regarding the proposed relaxation in the guidelines relating to Business Correspondent

RBI /2009-10/432 DBOD.No.BL.BC. 99/22.01.009/2009-2010 April @@NBSP@@26, 2010 Vaishakha 6, 1932 (S) All Commercial banks (including RRBs and Local Area Banks) Dear Sir/Madam Financial Inclusion by Extension of Banking Services – Use of Business Correspondents (BCs) A reference is invited to paragraph 79 of the Annual Policy Statement for the year 2010-11(extracts enclosed as Annex) regarding the proposed relaxation in the guidelines relating to Business Correspondent

Financial Inclusion by Extension of Banking Services - Use of Business Correspondents (BCs)

RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation

RBI/2009-10/430 RPCD.CO RRB.AML.No. 10986/03.05.28(A)/2009-10 April 23, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RRB.AML.NO.10105/03.05.28 (A)/2009-10 dated March 30, 2010.@@NBSP@@We have since received from Government of India (Ministry of External Affairs) copy of note dated March 25,

RBI/2009-10/430 RPCD.CO RRB.AML.No. 10986/03.05.28(A)/2009-10 April 23, 2010 The Chairman All Regional Rural Banks (RRBs) Dear Sir, List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RRB.AML.NO.10105/03.05.28 (A)/2009-10 dated March 30, 2010.@@NBSP@@We have since received from Government of India (Ministry of External Affairs) copy of note dated March 25,

RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation

Interest Rate Ceiling on Rupee Export Credit

RBI/2009-10/ 425 Ref.No.MPD.BC. 330/07.01.279/2009-10 April 23, 2010 Vaishakha 3, 1932(S) All Scheduled Commercial Banks Dear Sir/Madam, Interest Rate Ceiling on Rupee Export Credit Please refer to our circular No. MPD.BC.326/07.01.279/2009-10 dated October 28, 2009 in terms of which the ceilings on interest rates on pre-shipment rupee export credit up to 270 days and post-shipment rupee export credit up to 180 days were stipulated at BPLR minus 2.5 per cent, valid up

RBI/2009-10/ 425 Ref.No.MPD.BC. 330/07.01.279/2009-10 April 23, 2010 Vaishakha 3, 1932(S) All Scheduled Commercial Banks Dear Sir/Madam, Interest Rate Ceiling on Rupee Export Credit Please refer to our circular No. MPD.BC.326/07.01.279/2009-10 dated October 28, 2009 in terms of which the ceilings on interest rates on pre-shipment rupee export credit up to 270 days and post-shipment rupee export credit up to 180 days were stipulated at BPLR minus 2.5 per cent, valid up

Interest Rate Ceiling on Rupee Export Credit

UCBs - Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation

RBI/2009-10/424 UBD.BPD.PCB.Cir.No. 59 /09.14.000 / 2009-10 April 23, 2010 The Chief Executive Officer All Primary (Urban) Cooperative Banks Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation 'Project Loan' would mean any term loan which has been extended for the purpose of setting up of an economic venture. Banks must fix a Date of Commencement of Commercial Operations (DCCO)

RBI/2009-10/424 UBD.BPD.PCB.Cir.No. 59 /09.14.000 / 2009-10 April 23, 2010 The Chief Executive Officer All Primary (Urban) Cooperative Banks Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation 'Project Loan' would mean any term loan which has been extended for the purpose of setting up of an economic venture. Banks must fix a Date of Commencement of Commercial Operations (DCCO)

UCBs - Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation

Investment in Unlisted Non-SLR Securities

RBI/2009-10/423 DBOD.No.BP.BC.98/ 21.04.141/2009-10 April 23, 2010 All Scheduled Commercial Banks (excluding RRBs ) Dear Sir, Investment in Unlisted Non-SLR Securities Please refer to paragraphs 67 and 68 of the Annual Policy Statement for the year 2010-11 (extract enclosed) regarding investment in unlisted non-SLR debt securities (both primary and secondary market) by banks. 2. In terms of paragraph 1.2.10 of the Master Circular No.DBOD.BP.BC.3/21.04.141/2009-10 date

RBI/2009-10/423 DBOD.No.BP.BC.98/ 21.04.141/2009-10 April 23, 2010 All Scheduled Commercial Banks (excluding RRBs ) Dear Sir, Investment in Unlisted Non-SLR Securities Please refer to paragraphs 67 and 68 of the Annual Policy Statement for the year 2010-11 (extract enclosed) regarding investment in unlisted non-SLR debt securities (both primary and secondary market) by banks. 2. In terms of paragraph 1.2.10 of the Master Circular No.DBOD.BP.BC.3/21.04.141/2009-10 date

Investment in Unlisted Non-SLR Securities