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

RBI/2009-10/253 RPCD.CO RRB.No 6557/03.05.28-A/2009-10 December 10, 2009 The Chairman Regional Rural Banks 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.5450/03.05.28-A/2009-10 dated November 16, 2009 on risks arising from the deficiencies in AML/CFT regime of Iran,Uzbekistan, Pakistan, Turkmenistan, Sao Tome and Principe. 2. Financial Action Task Force

RBI/2009-10/253 RPCD.CO RRB.No 6557/03.05.28-A/2009-10 December 10, 2009 The Chairman Regional Rural Banks 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.5450/03.05.28-A/2009-10 dated November 16, 2009 on risks arising from the deficiencies in AML/CFT regime of Iran,Uzbekistan, Pakistan, Turkmenistan, Sao Tome and Principe. 2. Financial Action Task Force

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

Marketing /Distribution of Mutual Fund Units /Insurance etc., products by RRBs

RBI/2009-10/250 RPCD.CORRB.No.45/03.05.33/2009-10 December 09, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Marketing /Distribution of Mutual Fund@@NBSP@@ Units /Insurance etc., products by RRBs Please refer to our circular RPCD.No.RRB.BC.82/03.05.33/2005-06 dated May 17, 2006 allowing RRBs to undertake marketing of units of mutual funds as agents subject to certain terms and conditions. 2. Similarly, in terms of paragraph 2 of our Circular RPCD. CO. RR

RBI/2009-10/250 RPCD.CORRB.No.45/03.05.33/2009-10 December 09, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Marketing /Distribution of Mutual Fund@@NBSP@@ Units /Insurance etc., products by RRBs Please refer to our circular RPCD.No.RRB.BC.82/03.05.33/2005-06 dated May 17, 2006 allowing RRBs to undertake marketing of units of mutual funds as agents subject to certain terms and conditions. 2. Similarly, in terms of paragraph 2 of our Circular RPCD. CO. RR

Marketing /Distribution of Mutual Fund Units /Insurance etc., products by RRBs

AIFIs - Provisioning Coverage for Advances

RBI/2009-2010/248 DBOD. No. FID. FIC. 6 / 01.02.00/ 2009-10 December 8, 2009 The CEOs of the Select@@NBSP@@ All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Second Quarter Review of Monetary Policy for the year 2009-10 Provisioning Coverage for Advances Please find enclosed Circular DBOD.No.BP.BC.64/21.04.048/2009-10 dated December 1, 2009 on the above subject. In this connection, it is advised that the above guidelines

RBI/2009-2010/248 DBOD. No. FID. FIC. 6 / 01.02.00/ 2009-10 December 8, 2009 The CEOs of the Select@@NBSP@@ All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Second Quarter Review of Monetary Policy for the year 2009-10 Provisioning Coverage for Advances Please find enclosed Circular DBOD.No.BP.BC.64/21.04.048/2009-10 dated December 1, 2009 on the above subject. In this connection, it is advised that the above guidelines

AIFIs - Provisioning Coverage for Advances

UCBs - Provisioning Requirement for Standard Assets

RBI/2009-10/249 UBD.BPD(PCB).Cir No. 29 /09.11.600/2009-10 December 8 , 2009 Chief Executive Officer All Primary (Urban) Cooperative Banks Dear Sir, Second Quarter Review of Monetary Policy for the Year 2009-10 - Provisioning Requirement for Standard Assets Please refer to paragraph 158 of the Second Quarter Review of Monetary Policy for the year 2009-10 announced on October 27, 2009 (copy of the paragraph enclosed). 2. In terms of paragraph 2(a) of our circular UBD.P

RBI/2009-10/249 UBD.BPD(PCB).Cir No. 29 /09.11.600/2009-10 December 8 , 2009 Chief Executive Officer All Primary (Urban) Cooperative Banks Dear Sir, Second Quarter Review of Monetary Policy for the Year 2009-10 - Provisioning Requirement for Standard Assets Please refer to paragraph 158 of the Second Quarter Review of Monetary Policy for the year 2009-10 announced on October 27, 2009 (copy of the paragraph enclosed). 2. In terms of paragraph 2(a) of our circular UBD.P

UCBs - Provisioning Requirement for Standard Assets

UCBs - Marketing/Distribution of Mutual Fund/Insurance Products

RBI/2009-10/245 UBD.No.BPD.PCB.26/09.11.200/2009-10 December 3, 2009 Chief Executive Officer All Primary (Urban) Cooperative Banks Dear Sir / Madam, Marketing/Distribution of Mutual Fund/Insurance Products by Urban Cooperative Banks Please refer to our circulars UBD.No.BPD.PCB.Cir9/09.11.200/2003-04 dated August 18, 2003 and UBD.PCB. Cir.No.42/09.11.200/2006-07 dated May 7, 2007 permitting Urban Cooperative Banks (UCBs) to undertake insurance business as corporate age

RBI/2009-10/245 UBD.No.BPD.PCB.26/09.11.200/2009-10 December 3, 2009 Chief Executive Officer All Primary (Urban) Cooperative Banks Dear Sir / Madam, Marketing/Distribution of Mutual Fund/Insurance Products by Urban Cooperative Banks Please refer to our circulars UBD.No.BPD.PCB.Cir9/09.11.200/2003-04 dated August 18, 2003 and UBD.PCB. Cir.No.42/09.11.200/2006-07 dated May 7, 2007 permitting Urban Cooperative Banks (UCBs) to undertake insurance business as corporate age

UCBs - Marketing/Distribution of Mutual Fund/Insurance Products

Master Circular on Investments by Primary (Urban) Co-operative Banks - Corrigendum

RBI/2009-10/247 UBD.BPD.(PCB).Cir.No.27/16.20.000/2009-10 December 03, 2009 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/Dear Sir Master Circular on Investments by Primary (Urban) Co-operative Banks – Corrigendum Please refer to our Master Circular UBD (PCB) BPD MC No. 12/16.20.000/2009-10 dated July 01, 2009 on the captioned subject. The instructions contained in paragraph 15.2.3 of the Circular may be omitted as they were inadvertentl

RBI/2009-10/247 UBD.BPD.(PCB).Cir.No.27/16.20.000/2009-10 December 03, 2009 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/Dear Sir Master Circular on Investments by Primary (Urban) Co-operative Banks – Corrigendum Please refer to our Master Circular UBD (PCB) BPD MC No. 12/16.20.000/2009-10 dated July 01, 2009 on the captioned subject. The instructions contained in paragraph 15.2.3 of the Circular may be omitted as they were inadvertentl

Master Circular on Investments by Primary (Urban) Co-operative Banks - Corrigendum

Waiver of trade confirmation in Government Securities transactions in OTC market

RBI/2009-10/242 IDMD.PDRD.No. 2424 / 03.64.00 / 2009-10 December 1, 2009 All Standalone Primary Dealers Dear Sir Waiver of trade confirmation in Government Securities transactions in OTC market Please refer to Section I para 6.1 (ix) of the Master Circular No RBI/2009-10/56 IDMD.PDRS.01/03.64.00/2009-10 dated July 1, 2009 on Operational Guidelines to the Primary Dealers, in terms of which, for each transaction in Government securities, there must be a system of issue

RBI/2009-10/242 IDMD.PDRD.No. 2424 / 03.64.00 / 2009-10 December 1, 2009 All Standalone Primary Dealers Dear Sir Waiver of trade confirmation in Government Securities transactions in OTC market Please refer to Section I para 6.1 (ix) of the Master Circular No RBI/2009-10/56 IDMD.PDRS.01/03.64.00/2009-10 dated July 1, 2009 on Operational Guidelines to the Primary Dealers, in terms of which, for each transaction in Government securities, there must be a system of issue

Waiver of trade confirmation in Government Securities transactions in OTC market

Section 23 of the Banking Regulation Act, 1949 - Relaxations in Branch Authorisation Policy

RBI/2009-10/243 DBOD.No.BL.BC. 65 /22.01.001/2009-10 December 1, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Section 23 of the Banking Regulation Act, 1949 – Relaxations in Branch Authorisation Policy A reference is invited to paragraph 152 of the Second Quarter Review of Monetary Policy for the Year 2009-10 (extracts enclosed – Annex I) regarding the proposals to liberalise the extant Branch Authorization Policy for domestic scheduled commercial ban

RBI/2009-10/243 DBOD.No.BL.BC. 65 /22.01.001/2009-10 December 1, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Section 23 of the Banking Regulation Act, 1949 – Relaxations in Branch Authorisation Policy A reference is invited to paragraph 152 of the Second Quarter Review of Monetary Policy for the Year 2009-10 (extracts enclosed – Annex I) regarding the proposals to liberalise the extant Branch Authorization Policy for domestic scheduled commercial ban

Section 23 of the Banking Regulation Act, 1949 - Relaxations in Branch Authorisation Policy

Provisioning Coverage for Advances - Second Quarter Review of Monetary Policy for the Year 2009-10

RBI/2009-10/241 DBOD.No.BP.BC. 64 /21.04.048/2009-10 December 1, 2009 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Second Quarter Review of Monetary Policy for the Year 2009-10 –Provisioning Coverage for Advances Please refer to paragraph 159 of the Second Quarter Review of the Monetary Policy for the year 2009-10 issued on October 27, 2009 (copy of the paragraph enclosed). 2. At present, the pr

RBI/2009-10/241 DBOD.No.BP.BC. 64 /21.04.048/2009-10 December 1, 2009 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Second Quarter Review of Monetary Policy for the Year 2009-10 –Provisioning Coverage for Advances Please refer to paragraph 159 of the Second Quarter Review of the Monetary Policy for the year 2009-10 issued on October 27, 2009 (copy of the paragraph enclosed). 2. At present, the pr

Provisioning Coverage for Advances - Second Quarter Review of Monetary Policy for the Year 2009-10

Credit Information Companies (Regulation) Act, 2005

RBI/2009-10/240 RPCD.CO.RF.BC.No.44/07.40.06/2009-10 December 1, 2009 All State and Central Co-operative Banks Dear Sir, Credit Information Companies (Regulation) Act, 2005 As you are aware, the Credit Information Companies (Regulation) Act, 2005 has been operationalised with effect from December 14, 2006. In terms of Section 15(1) of the Act, every credit institution has to become member of at least one credit information company within a period of three months from

RBI/2009-10/240 RPCD.CO.RF.BC.No.44/07.40.06/2009-10 December 1, 2009 All State and Central Co-operative Banks Dear Sir, Credit Information Companies (Regulation) Act, 2005 As you are aware, the Credit Information Companies (Regulation) Act, 2005 has been operationalised with effect from December 14, 2006. In terms of Section 15(1) of the Act, every credit institution has to become member of at least one credit information company within a period of three months from

Credit Information Companies (Regulation) Act, 2005