Interest Rate on FCNR(B) Deposits

Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005October 8, 2002Ref. DBOD No. Dir. BC. 31/13.03.00/2002-03All Scheduled Commercial Banks(excluding RRBs & LABs)Dear Sir,Interest Rate on FCNR(B) DepositsPlease refer to our circular DBOD No. Dir. BC. 98/13.03.00/01-02 dated 29 April 2002 advising therein that in respect of FCNR(B) deposits for a maturity of 1-3 years

Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005October 8, 2002Ref. DBOD No. Dir. BC. 31/13.03.00/2002-03All Scheduled Commercial Banks(excluding RRBs & LABs)Dear Sir,Interest Rate on FCNR(B) DepositsPlease refer to our circular DBOD No. Dir. BC. 98/13.03.00/01-02 dated 29 April 2002 advising therein that in respect of FCNR(B) deposits for a maturity of 1-3 years

Interest Rate on FCNR(B) Deposits

Credit exposure norms - applicability to refinancing institutions

Ref.DBS.FID.No.C-3 /01.02.00 / 2001-02 August 27 , 2001 To the CEOs of the all-India Refinancing Institutions (NABARD, NHB and SIDBI) Dear Sir, Credit exposure norms – applicability to refinancing institutions Please refer to our Circular DOS.FID.No.17 / 01.02.00/96-97 dated 28 June 1997 relating to credit exposure norms for individual and group borrowers. 2. It has been observed from some of the references received by us that there is a lack of clarity regarding the

Ref.DBS.FID.No.C-3 /01.02.00 / 2001-02 August 27 , 2001 To the CEOs of the all-India Refinancing Institutions (NABARD, NHB and SIDBI) Dear Sir, Credit exposure norms – applicability to refinancing institutions Please refer to our Circular DOS.FID.No.17 / 01.02.00/96-97 dated 28 June 1997 relating to credit exposure norms for individual and group borrowers. 2. It has been observed from some of the references received by us that there is a lack of clarity regarding the

Credit exposure norms - applicability to refinancing institutions

Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants

RPCD.CO.No.RF.BC.59/07.28.01/2000-2001 February 27, 2001 All State and Central Co-operative Banks /Regional Rural Banks Dear Sir, Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants Please refer to our circular No.RF.BC.09/07.38.01/2000-2001 dated 22 August 2000. 2. In this connection, we clarify that in regard to payment of balances in the accounts of the deceased customers to survivors / claimants the banks may call for succession

RPCD.CO.No.RF.BC.59/07.28.01/2000-2001 February 27, 2001 All State and Central Co-operative Banks /Regional Rural Banks Dear Sir, Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants Please refer to our circular No.RF.BC.09/07.38.01/2000-2001 dated 22 August 2000. 2. In this connection, we clarify that in regard to payment of balances in the accounts of the deceased customers to survivors / claimants the banks may call for succession

Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants

Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants

RPCD.CO.No.RF.BC.09/07.38.01/2000-2001 August 22, 2000 The Chairman ofAll State and Central Co-operative Banksand Regional Rural banks Dear Sir, Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants Please refer to our circular RPCD.No.BC.89/07.38.01/94-95 dated 21 December 1994 on the above subject, wherein banks were permitted to fix a limit higher than Rs.25,000/- if they consider it appropriate to settle the claims of survivors / claima

RPCD.CO.No.RF.BC.09/07.38.01/2000-2001 August 22, 2000 The Chairman ofAll State and Central Co-operative Banksand Regional Rural banks Dear Sir, Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants Please refer to our circular RPCD.No.BC.89/07.38.01/94-95 dated 21 December 1994 on the above subject, wherein banks were permitted to fix a limit higher than Rs.25,000/- if they consider it appropriate to settle the claims of survivors / claima

Payment of Balance in Accounts of the Deceased Customers to Survivors / Claimants

Gold Loan against Bank Guarantee/Letter of Credit issued by other banks

RESERVE BANK OF INDIA CENTRAL OFFICE DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT CENTRE ·1. WORLD TRADE CENTRE. CUFFE PARADE COLABA MUMBAI- 400 005 Ref. : DBOD No.........IBS .3161 /23.67.001.98-99 June 25, 1999 All the banks authorised to import Gold / Silver / Platinum Dear Sir, Gold Loan against Bank Guarantee/Letterof Credit issued by other banks In terms of our circular No.DBOD.IBS.1519/23.67.001/98-99 dated 31st December 1998, authorized banks have been p

RESERVE BANK OF INDIA CENTRAL OFFICE DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT CENTRE ·1. WORLD TRADE CENTRE. CUFFE PARADE COLABA MUMBAI- 400 005 Ref. : DBOD No.........IBS .3161 /23.67.001.98-99 June 25, 1999 All the banks authorised to import Gold / Silver / Platinum Dear Sir, Gold Loan against Bank Guarantee/Letterof Credit issued by other banks In terms of our circular No.DBOD.IBS.1519/23.67.001/98-99 dated 31st December 1998, authorized banks have been p

Gold Loan against Bank Guarantee/Letter of Credit issued by other banks

Operation of Bank Accounts by Old/Sick/Incapacitated Customers

RPCD.No.RF.BC.71/07.38.01/98-99 February 25, 1999 All State and Central Co-operative Banks Dear Sir, Operation of Bank Accounts by Old/Sick/Incapacitated Customers The question of extending a suitable facility to old/sick/incapacitated bank customers for operation of their bank accounts etc. has been engaging our attention for some time. It has been decided to extend certain facilities to account holders who are sick/old/incapacitated and who are not willing to open a

RPCD.No.RF.BC.71/07.38.01/98-99 February 25, 1999 All State and Central Co-operative Banks Dear Sir, Operation of Bank Accounts by Old/Sick/Incapacitated Customers The question of extending a suitable facility to old/sick/incapacitated bank customers for operation of their bank accounts etc. has been engaging our attention for some time. It has been decided to extend certain facilities to account holders who are sick/old/incapacitated and who are not willing to open a

Operation of Bank Accounts by Old/Sick/Incapacitated Customers

Collection and Dissemination of Information on
cases of Wilful Default of Rs.25 lakhs and above

DBOD.No.BC.DL.(W)12/20.16.002(1)98-99February 20, 1999Phalguna 01, 1920 (S)All Scheduled Commercial BanksAll notified All India Financial Institutions viz. IDBI, ICICI and IFCIDear Sirs,Collection and Dissemination of Information oncases of Wilful Default of Rs.25 lakhs and abovePursuant to the instructions of the Central Vigilance Commission for collection of information on wilful defaults of Rs.25 lakhs and above by RBI and dissemination to the reporting banks and F

DBOD.No.BC.DL.(W)12/20.16.002(1)98-99February 20, 1999Phalguna 01, 1920 (S)All Scheduled Commercial BanksAll notified All India Financial Institutions viz. IDBI, ICICI and IFCIDear Sirs,Collection and Dissemination of Information oncases of Wilful Default of Rs.25 lakhs and abovePursuant to the instructions of the Central Vigilance Commission for collection of information on wilful defaults of Rs.25 lakhs and above by RBI and dissemination to the reporting banks and F

Collection and Dissemination of Information on cases of Wilful Default of Rs.25 lakhs and above

Asset - Liability Management ( ALM ) System

DBOD BP.BC. 8/21.04.098/99February 10, 1999ToAll Scheduled Commercial Banks(excluding RRBs)Dear Sir, Asset - Liability Management ( ALM ) System Please refer to our circular DBOD No. BP. BC. 94/ 21. 04. 098/ 98 dated September 10, 1998 forwarding therewith draft Guidelines for putting in place Asset-Liability Management (ALM) System in banks. The draft Guidelines have been reviewed by us in the light of the issues raised/suggestions made by banks in the seminars held

DBOD BP.BC. 8/21.04.098/99February 10, 1999ToAll Scheduled Commercial Banks(excluding RRBs)Dear Sir, Asset - Liability Management ( ALM ) System Please refer to our circular DBOD No. BP. BC. 94/ 21. 04. 098/ 98 dated September 10, 1998 forwarding therewith draft Guidelines for putting in place Asset-Liability Management (ALM) System in banks. The draft Guidelines have been reviewed by us in the light of the issues raised/suggestions made by banks in the seminars held

Asset - Liability Management ( ALM ) System

Gold Loan

DBOD.No.IBS.1519/23.67.001/98-99 December 31, 1998 All the nominated banks authorised to import Gold / Silver / Platinum Dear Sir, Gold Loan Please refer to circular A.D.(G.P. Series) Circular No.7 dated March 6, 1998 permitting the nominated agencies / banks to import gold on loan basis for a maximum period of 180 days. With a view to mobilising and recycling the gold stocks available in the country, the banks were also recently advised to formulate the Gold Deposit

DBOD.No.IBS.1519/23.67.001/98-99 December 31, 1998 All the nominated banks authorised to import Gold / Silver / Platinum Dear Sir, Gold Loan Please refer to circular A.D.(G.P. Series) Circular No.7 dated March 6, 1998 permitting the nominated agencies / banks to import gold on loan basis for a maximum period of 180 days. With a view to mobilising and recycling the gold stocks available in the country, the banks were also recently advised to formulate the Gold Deposit

Gold Loan

Asset - Liability Management (ALM) System

DBOD No. BP. BC. 94/ 21. 04. 098/ 98September 10, 1998 ToAll Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Asset - Liability Management (ALM) System As you are aware, the RBI has decided to introduce the Asset- Liability Management (ALM) System, as a part of the Risk Management and control Systems in banks. We forward herewith broad Draft guidelines for measurement of liquidity risk and interest rate risk for putting in place the ALM System. Th

DBOD No. BP. BC. 94/ 21. 04. 098/ 98September 10, 1998 ToAll Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Asset - Liability Management (ALM) System As you are aware, the RBI has decided to introduce the Asset- Liability Management (ALM) System, as a part of the Risk Management and control Systems in banks. We forward herewith broad Draft guidelines for measurement of liquidity risk and interest rate risk for putting in place the ALM System. Th

Asset - Liability Management (ALM) System