Credit Information Companies (Regulation) (Removal of Difficulties) Order, 2008

RBI/2009-10/185 RPCD.CO RRB.No. 32/03.05.33/2009-10 October 20, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Credit Information Companies (Regulation) (Removal of Difficulties) Order, 2008 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

RBI/2009-10/185 RPCD.CO RRB.No. 32/03.05.33/2009-10 October 20, 2009 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Credit Information Companies (Regulation) (Removal of Difficulties) Order, 2008 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

Credit Information Companies (Regulation) (Removal of Difficulties) Order, 2008

Settlement of OTC transactions in corporate bonds on DvP-I basis

RBI/2009-10/184 IDMD No.1764 /11.08.38/2009-10 @@NBSP@@October 16, 2009 To All RBI Regulated Entities @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ @@NBSP@@ Dear Sir, Settlement of OTC transactions in corporate bonds on DvP-I basis Please refer to Paragraph 106 of the Annual Policy Statement of 2009-10 announcing the decision to allow the Clearing Corporations of the exchanges to open transitory pooling account facility with

RBI/2009-10/184 IDMD No.1764 /11.08.38/2009-10 @@NBSP@@October 16, 2009 To All RBI Regulated Entities @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ @@NBSP@@ Dear Sir, Settlement of OTC transactions in corporate bonds on DvP-I basis Please refer to Paragraph 106 of the Annual Policy Statement of 2009-10 announcing the decision to allow the Clearing Corporations of the exchanges to open transitory pooling account facility with

Settlement of OTC transactions in corporate bonds on DvP-I basis

StCBs/DCCBs - Payment of Interest on Savings Bank Account on a Daily Basis

RBI/2009-10/181 RPCD.CO.RF.BC.No.31/07.38.01/2009-10 @@NBSP@@October 12, 2009 All State and Central Co-operative Banks Dear Sir, Payment of interest on Saving Bank Account on a Daily Product Basis@@NBSP@@ @@NBSP@@ Please refer to paragraph 3 (iii) of our directive RPCD.No.RF.Dir.BC.53/D.1-87/88 dated November 2, 1987, in terms of which interest in the case of savings deposits shall be calculated on the minimum balance to the credit of the deposit account during the pe

RBI/2009-10/181 RPCD.CO.RF.BC.No.31/07.38.01/2009-10 @@NBSP@@October 12, 2009 All State and Central Co-operative Banks Dear Sir, Payment of interest on Saving Bank Account on a Daily Product Basis@@NBSP@@ @@NBSP@@ Please refer to paragraph 3 (iii) of our directive RPCD.No.RF.Dir.BC.53/D.1-87/88 dated November 2, 1987, in terms of which interest in the case of savings deposits shall be calculated on the minimum balance to the credit of the deposit account during the pe

StCBs/DCCBs - Payment of Interest on Savings Bank Account on a Daily Basis

RRBs - Priority Sector Lending - Categorisation of activities under service under the MSMED Act, 2006

RBI/2009-10/178 RPCD.CO RRB.No. 29 /03.05.33/2009-10 October 6, 2009 The Chairman All Regional Rural Banks Dear Sir, Priority Sector Lending - Categorisation of activities under service under the MSMED Act, 2006 In terms of paragraphs 2.1.1 and 2.1.2 of Section I of the guidelines on lending to priority sector enclosed to circular RPCD.No.RRB.BC.20/ 03.05.33/2007-08 dated August 22, 2007, credit to small enterprises includes loans granted to micro and small (manufactu

RBI/2009-10/178 RPCD.CO RRB.No. 29 /03.05.33/2009-10 October 6, 2009 The Chairman All Regional Rural Banks Dear Sir, Priority Sector Lending - Categorisation of activities under service under the MSMED Act, 2006 In terms of paragraphs 2.1.1 and 2.1.2 of Section I of the guidelines on lending to priority sector enclosed to circular RPCD.No.RRB.BC.20/ 03.05.33/2007-08 dated August 22, 2007, credit to small enterprises includes loans granted to micro and small (manufactu

RRBs - Priority Sector Lending - Categorisation of activities under service under the MSMED Act, 2006

StCBs/DCCBs - KYC Norms/AML Standards/Combating of Financing of Terrorism/Obligation of Banks under PMLA, 2002

RBI / 2009-10/174 RPCD.CO.RF.AML.BC. No. 28/07.40.00/2009-10 September 30, 2009 All State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of Banks under PMLA, 2002 Please refer to our circulars RPCD.AML.BC.No.80/07.40.00/2004-05 dated February 18, 2005 and RPCD.CO.RF.AML.BC.65 /07.02.12/2005-06 dated March 3, 2006 on the captioned subject. Preservat

RBI / 2009-10/174 RPCD.CO.RF.AML.BC. No. 28/07.40.00/2009-10 September 30, 2009 All State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of Banks under PMLA, 2002 Please refer to our circulars RPCD.AML.BC.No.80/07.40.00/2004-05 dated February 18, 2005 and RPCD.CO.RF.AML.BC.65 /07.02.12/2005-06 dated March 3, 2006 on the captioned subject. Preservat

StCBs/DCCBs - KYC Norms/AML Standards/Combating of Financing of Terrorism/Obligation of Banks under PMLA, 2002

StCBs/DCCBs - Forms of Business in which co-operative banks may engage in

RBI/2009-10/172 RPCD.CO.RF.BC.No. 26 /07.07.11/2009-10 September 29, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Section 6 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Forms of Business in which co-operative banks may engage A reference is invited to Section 6 (1)(f) of the Banking Regulation Act, 1949 (AACS), in terms of which co-operative banks may engage in managing, selling

RBI/2009-10/172 RPCD.CO.RF.BC.No. 26 /07.07.11/2009-10 September 29, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Section 6 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Forms of Business in which co-operative banks may engage A reference is invited to Section 6 (1)(f) of the Banking Regulation Act, 1949 (AACS), in terms of which co-operative banks may engage in managing, selling

StCBs/DCCBs - Forms of Business in which co-operative banks may engage in

KYC Norms/AML Standards and Obligation of RRBS under PMLA, 2002

RBI/2009-10/171 RPCD.CO.RRB.BC.No. 27 / 03.05.33(E)/2009-10 September 29, 2009 The Chairman All Regional Rural Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards and obligation of Regional Rural Banks (RRBS) under PMLA, 2002 ----------------------------------------------------------------------------------- Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33 (E) / 2004-05 dated February 18, 2005 and RPCD. CO.RRB.AML.BC.68/03.05

RBI/2009-10/171 RPCD.CO.RRB.BC.No. 27 / 03.05.33(E)/2009-10 September 29, 2009 The Chairman All Regional Rural Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards and obligation of Regional Rural Banks (RRBS) under PMLA, 2002 ----------------------------------------------------------------------------------- Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33 (E) / 2004-05 dated February 18, 2005 and RPCD. CO.RRB.AML.BC.68/03.05

KYC Norms/AML Standards and Obligation of RRBS under PMLA, 2002

Prudential Norms on Income Recognition, Asset Classification, and Provisioning pertaining to Advances - Computation of NPA Levels

RBI/2009-10/168 DBOD.No.BP.BC. 46 /21.04.048/2009-10 September 24, 2009 The Chairman and Managing Directors / Chief Executive officers All Scheduled Commercial Banks (including Local Area Banks) (Excluding RRBs) Dear Sir, Prudential Norms on Income Recognition, Asset Classification, and Provisioning pertaining to Advances - Computation of NPA Levels Please refer to paragraphs 3.2, 3.4, and 3.5 of our Master Circular DBOD.No. BP.BC. 17/21.04.048/2009-10@@NBSP@@dated Ju

RBI/2009-10/168 DBOD.No.BP.BC. 46 /21.04.048/2009-10 September 24, 2009 The Chairman and Managing Directors / Chief Executive officers All Scheduled Commercial Banks (including Local Area Banks) (Excluding RRBs) Dear Sir, Prudential Norms on Income Recognition, Asset Classification, and Provisioning pertaining to Advances - Computation of NPA Levels Please refer to paragraphs 3.2, 3.4, and 3.5 of our Master Circular DBOD.No. BP.BC. 17/21.04.048/2009-10@@NBSP@@dated Ju

Prudential Norms on Income Recognition, Asset Classification, and Provisioning pertaining to Advances - Computation of NPA Levels

RRBs - Payment of Interest on Savings Bank Account on a Daily Product Basis

RBI/2009-10/169 RPCD.CO.RRB.BC.No. 25 /03.05.33/2009-10 September 24, 2009 The Chairman All Regional Rural Banks Dear Sir, Payment of Interest on Savings Bank Account on a Daily Product Basis Please refer to para 2(iii) of the directive DBOD.No.Dir.BC.151/C.347-85 dated December 27,1985, in terms of which interest@@NBSP@@in the case of savings deposits, shall be calculated on the minimum balance to the credit of the deposit account during the period from the 10th to t

RBI/2009-10/169 RPCD.CO.RRB.BC.No. 25 /03.05.33/2009-10 September 24, 2009 The Chairman All Regional Rural Banks Dear Sir, Payment of Interest on Savings Bank Account on a Daily Product Basis Please refer to para 2(iii) of the directive DBOD.No.Dir.BC.151/C.347-85 dated December 27,1985, in terms of which interest@@NBSP@@in the case of savings deposits, shall be calculated on the minimum balance to the credit of the deposit account during the period from the 10th to t

RRBs - Payment of Interest on Savings Bank Account on a Daily Product Basis

Exposure to Real Estate Sector- Assessment of Group Risk

RBI/2009-10/167 DBS.CO.No. PP. BC. 8/11.01.005/ 2009-10 @@NBSP@@September 24, 2009 The Chairmen / Chief Executive Officers All Commercial Banks (excluding RRBs) Exposure to Real Estate Sector- Assessment of Group Risk It has been observed that some of the companies operating in the real estate sector have significant exposure in the form of advances, investments, etc. to their subsidiaries and other group or related entities. As a matter of prudence, banks may meticul

RBI/2009-10/167 DBS.CO.No. PP. BC. 8/11.01.005/ 2009-10 @@NBSP@@September 24, 2009 The Chairmen / Chief Executive Officers All Commercial Banks (excluding RRBs) Exposure to Real Estate Sector- Assessment of Group Risk It has been observed that some of the companies operating in the real estate sector have significant exposure in the form of advances, investments, etc. to their subsidiaries and other group or related entities. As a matter of prudence, banks may meticul

Exposure to Real Estate Sector- Assessment of Group Risk