Receipt of Foreign Contribution under FC(R) Act : SCBs

RBI/2004-05/327 DBOD.No. AML.BC. 67/14.01.055/2004-05 January 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Receipt of foreign contributions by Associations/organizations in India Under Foreign Contribution(Regulation) Act, 1976 Please refer to our circular DBOD.No.BP.BC.118/21.01.023/99 dated November 2, 1999 advising banks to ensure compliance with the various provisions of Foreign Contribution (Regulation) Act, 1976 in connection with the foreign

RBI/2004-05/327 DBOD.No. AML.BC. 67/14.01.055/2004-05 January 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Receipt of foreign contributions by Associations/organizations in India Under Foreign Contribution(Regulation) Act, 1976 Please refer to our circular DBOD.No.BP.BC.118/21.01.023/99 dated November 2, 1999 advising banks to ensure compliance with the various provisions of Foreign Contribution (Regulation) Act, 1976 in connection with the foreign

Receipt of Foreign Contribution under FC(R) Act : SCBs

Foreign Currency loans to Exporters-Periodicity of charging interest

RBI / 2004-05/ 324 DBOD. IECS. No. 66 / 04.02.02/ 2004-05 December 31, 2004 The Chairman / Chief Executives of all Commercial Banks Dear Sir Foreign Currency loans to Exporters-Periodicity of charging interest Please refer to paragraph (b) of our circular IECD. No. EFD.30/ 04.02.15/ 93-94 dated February 28, 1994 and also paragraph 1.1.5 (iv) of our Master Circular dated September 1, 2004 on Export Credit in Foreign Currency. We advise that the paragraphs may be amende

RBI / 2004-05/ 324 DBOD. IECS. No. 66 / 04.02.02/ 2004-05 December 31, 2004 The Chairman / Chief Executives of all Commercial Banks Dear Sir Foreign Currency loans to Exporters-Periodicity of charging interest Please refer to paragraph (b) of our circular IECD. No. EFD.30/ 04.02.15/ 93-94 dated February 28, 1994 and also paragraph 1.1.5 (iv) of our Master Circular dated September 1, 2004 on Export Credit in Foreign Currency. We advise that the paragraphs may be amende

Foreign Currency loans to Exporters-Periodicity of charging interest

Rationalisation of returns submitted by banks to RBI

Ref. RBI.No. 323 - 2004 DBS.CO.PP.BC. 12 /11.01.005/2004-05 December 30, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear sir, Reducing burden on banks- Rationalisation of returns submitted by banks to RBI Banks are required to submit a number of Returns / Statements to Reserve Bank of India, under various statutory / regulatory obligations at different points of time during a year. Several such returns are submitted to the Department of Banking Supervision (

Ref. RBI.No. 323 - 2004 DBS.CO.PP.BC. 12 /11.01.005/2004-05 December 30, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear sir, Reducing burden on banks- Rationalisation of returns submitted by banks to RBI Banks are required to submit a number of Returns / Statements to Reserve Bank of India, under various statutory / regulatory obligations at different points of time during a year. Several such returns are submitted to the Department of Banking Supervision (

Rationalisation of returns submitted by banks to RBI

Contribution to Prime Minister's National Relief Fund (PMNRF)

RBI/2004/319 DBOD. No. Dir. BC.65 /13.01.01/2004-05 December 29, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister's National Relief Fund (PMNRF) In consultation with Prime Minister's Office and Indian Banks' Association (IBA), it has been decided that all the branches of commercial banks will receive donations and nominate a Nodal Branch in New Delhi for the purpose of collection of contribution to Prime Minister's National

RBI/2004/319 DBOD. No. Dir. BC.65 /13.01.01/2004-05 December 29, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister's National Relief Fund (PMNRF) In consultation with Prime Minister's Office and Indian Banks' Association (IBA), it has been decided that all the branches of commercial banks will receive donations and nominate a Nodal Branch in New Delhi for the purpose of collection of contribution to Prime Minister's National

Contribution to Prime Minister's National Relief Fund (PMNRF)

Off-site Monitoring and Surveillance - Input Module Upgraded

RBI/2004-05/318 DBS. CO. OSMOS. BC. No. 11 /33.01.001/2004-05 December 28, 2004 To Chairmen / Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Changes in the Input Module Please refer to our circular DBS. CO. OSMOS. BC. No. 9 /33.01.001/2004-05 dated October 26, 2004 on the above subject. As you are aware, since the last revision of the OSMOS inpu

RBI/2004-05/318 DBS. CO. OSMOS. BC. No. 11 /33.01.001/2004-05 December 28, 2004 To Chairmen / Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Changes in the Input Module Please refer to our circular DBS. CO. OSMOS. BC. No. 9 /33.01.001/2004-05 dated October 26, 2004 on the above subject. As you are aware, since the last revision of the OSMOS inpu

Off-site Monitoring and Surveillance - Input Module Upgraded

Bank financing of equities and investments in shares

RBI/2004/317 DBOD.No. Dir.BC.64/13.07.05/2004-05 December 27, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Bank financing of equities and investments in shares Please refer to our Circular DBOD No. Dir. BC. 86/13.07.05/2003-04 dated May 18, 2004 in terms of which margin on all advances against shares/ financing of IPOs/ issue of guarantees was reduced from 50 per cent to 40 per cent and a minimum cash margin of 20 per cent (within the margin of 40 percent) was

RBI/2004/317 DBOD.No. Dir.BC.64/13.07.05/2004-05 December 27, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Bank financing of equities and investments in shares Please refer to our Circular DBOD No. Dir. BC. 86/13.07.05/2003-04 dated May 18, 2004 in terms of which margin on all advances against shares/ financing of IPOs/ issue of guarantees was reduced from 50 per cent to 40 per cent and a minimum cash margin of 20 per cent (within the margin of 40 percent) was

Bank financing of equities and investments in shares

Bank finance to assist employees to buy shares of their own companies

RBI/2004-05/313DBOD. No. Dir. BC. 63/13.07.05/2004-05 December 24, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank finance to assist employees to buy shares of their own companies Please refer to our circular DBOD.No.Dir.BC.67/13.07.05/2003-04 dated February 6, 2004 in terms of which banks were advised that while extending finance to employees for purchasing shares of their own companies either under Employees Stock Option Plan (ESOP) or Initial Pu

RBI/2004-05/313DBOD. No. Dir. BC. 63/13.07.05/2004-05 December 24, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank finance to assist employees to buy shares of their own companies Please refer to our circular DBOD.No.Dir.BC.67/13.07.05/2003-04 dated February 6, 2004 in terms of which banks were advised that while extending finance to employees for purchasing shares of their own companies either under Employees Stock Option Plan (ESOP) or Initial Pu

Bank finance to assist employees to buy shares of their own companies

Risk weight on housing loans and consumer credit

RBI No. 2004/ 309 DBOD. BP.BC. 61 / 21.01.002/ 2004-05 December 23, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Mid -Term Review of the Annual Policy Statement for the year 2004-05 Risk weight on housing loans and consumer credit Please refer to our Circular No. DBOD. BP. BC. 106/ 21.01.002/ 2001-02 dated May 24, 2002, wherein, the risk weights on housing loans extended by banks to individuals against mortgage of housing properties and investments in Mortgage

RBI No. 2004/ 309 DBOD. BP.BC. 61 / 21.01.002/ 2004-05 December 23, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Mid -Term Review of the Annual Policy Statement for the year 2004-05 Risk weight on housing loans and consumer credit Please refer to our Circular No. DBOD. BP. BC. 106/ 21.01.002/ 2001-02 dated May 24, 2002, wherein, the risk weights on housing loans extended by banks to individuals against mortgage of housing properties and investments in Mortgage

Risk weight on housing loans and consumer credit

‘Fit and proper’ criteria for directors of banks

RBI/2004-2005/303 DBOD.No.BC. 60 /08.139.001/2004-2005 December 16, 2004 The Chairmen and Managing Directors/ Chief Executive Officers of banks in private sector Dear Sir, ‘Fit and proper’ criteria for directors of banks Please refer to our circular RBI/2004/268 dated June 25, 2004 on the above subject forwarding therewith RBI directive DBOD.No.BC.104/08.139.001/2003-04 dated June 25, 2004. 2. In partial modification of the instructions contained in para 1(iv) of the

RBI/2004-2005/303 DBOD.No.BC. 60 /08.139.001/2004-2005 December 16, 2004 The Chairmen and Managing Directors/ Chief Executive Officers of banks in private sector Dear Sir, ‘Fit and proper’ criteria for directors of banks Please refer to our circular RBI/2004/268 dated June 25, 2004 on the above subject forwarding therewith RBI directive DBOD.No.BC.104/08.139.001/2003-04 dated June 25, 2004. 2. In partial modification of the instructions contained in para 1(iv) of the

‘Fit and proper’ criteria for directors of banks

Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements

RBI/2004-05/291DBOD.No.Ret.BC.59/12.01.001/2004-05 December 3, 2004 All Scheduled Commercial Banks (Excluding Regional Rural Banks & Local Area Banks) Dear Sir Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements Please refer to our circular letter DBOD.No.Ret.BC.6/12.01.001/2003-04 dated July 23, 2003 advising banks that they can derive the benefit of netting of assets and liabilities in respect of their dealing with Standard Chartered - U

RBI/2004-05/291DBOD.No.Ret.BC.59/12.01.001/2004-05 December 3, 2004 All Scheduled Commercial Banks (Excluding Regional Rural Banks & Local Area Banks) Dear Sir Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements Please refer to our circular letter DBOD.No.Ret.BC.6/12.01.001/2003-04 dated July 23, 2003 advising banks that they can derive the benefit of netting of assets and liabilities in respect of their dealing with Standard Chartered - U

Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements