Notifications - Regulating Commercial Banking - ಆರ್ಬಿಐ - Reserve Bank of India
notifications
ಜುಲೈ 27, 2011
Anti- Money Laundering / Combating Financing of Terrorism - Standards
RBI/2011-12/130 DBOD. AML.No. 1456 /14.01.001/2011-12 July 27, 2011 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti- Money Laundering (AML) / Combating of Financing of Terrorism (CFT)- Standards Please refer to our letter DBOD. AML.No.15008 /14.01.001/2010-11 dated March 24, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which h
RBI/2011-12/130 DBOD. AML.No. 1456 /14.01.001/2011-12 July 27, 2011 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti- Money Laundering (AML) / Combating of Financing of Terrorism (CFT)- Standards Please refer to our letter DBOD. AML.No.15008 /14.01.001/2010-11 dated March 24, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which h
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ಜುಲೈ 27, 2011
AML / Combating Financing of Terrorism - Standards
RBI/2011-12/131 DBOD. AML.No. 1454/14.01.001/2011-12 July 27, 2011 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter DBOD. AML.No.15007 /14.01.001/ 2010-11 dated March 24, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran and Democratic People's Republic of Kore
RBI/2011-12/131 DBOD. AML.No. 1454/14.01.001/2011-12 July 27, 2011 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter DBOD. AML.No.15007 /14.01.001/ 2010-11 dated March 24, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran and Democratic People's Republic of Kore
ಜುಲೈ 27, 2011
Detection of Counterfeit Banknotes - Revised Procedure
RBI/2011-12/129 DCM(FNVD) No. 502/16.01.05/2011-12 July 25, 2011 The Chairman / Managing Director, Commercial Banks,Cooperative Banks, RRBs / Private Banks,Foreign Banks and Director of Treasuries of all States Dear Sir/Madam, Detection of Counterfeit Banknotes – Revised Procedure Please refer to the Master Circular DCM (FNVD) No. G-5/16.01.05/2011-12 dated July 1, 2011 on the above subject. In terms of Para 4 of the circular, among other things, FIRs are required to
RBI/2011-12/129 DCM(FNVD) No. 502/16.01.05/2011-12 July 25, 2011 The Chairman / Managing Director, Commercial Banks,Cooperative Banks, RRBs / Private Banks,Foreign Banks and Director of Treasuries of all States Dear Sir/Madam, Detection of Counterfeit Banknotes – Revised Procedure Please refer to the Master Circular DCM (FNVD) No. G-5/16.01.05/2011-12 dated July 1, 2011 on the above subject. In terms of Para 4 of the circular, among other things, FIRs are required to
ಜುಲೈ 26, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2011-12/128 RPCD.CO.RCB.AML.No.987/07.02.12/2011-12 July 26, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.53/07.02.12/2011-12 dated July 4, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated July 19, 2011 forw
RBI/2011-12/128 RPCD.CO.RCB.AML.No.987/07.02.12/2011-12 July 26, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.53/07.02.12/2011-12 dated July 4, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated July 19, 2011 forw
ಜುಲೈ 26, 2011
Standing Liquidity Facilities for Banks and Primary Dealers
RBI/2011-12/127 REF.No.MPD.BC. 347/05.02.001/2011-12 July 26, 2011 To All Scheduled Banks [excluding Regional Rural Banks(RRBs) ]and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the First Quarter Review of Monetary Policy 2011-12 of July 26, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 50 basis points from 7.5 per cent to 8.0 per cent with immedi
RBI/2011-12/127 REF.No.MPD.BC. 347/05.02.001/2011-12 July 26, 2011 To All Scheduled Banks [excluding Regional Rural Banks(RRBs) ]and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the First Quarter Review of Monetary Policy 2011-12 of July 26, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 50 basis points from 7.5 per cent to 8.0 per cent with immedi
ಜುಲೈ 26, 2011
First Quarter Review of Monetary Policy 2011-12
By Dr. D. Subbarao Governor Introduction The Reserve Bank’s Annual Policy Statement of May 3, 2011 highlighted several risk factors to the growth-inflation outlook. Many of these risks have materialised. On the global front, the sovereign debt problems that have beset the euro area over the past year now threaten larger economies in the region. In the US, concerns over a sovereign default loom over financial markets, with potentially disruptive consequences for global
By Dr. D. Subbarao Governor Introduction The Reserve Bank’s Annual Policy Statement of May 3, 2011 highlighted several risk factors to the growth-inflation outlook. Many of these risks have materialised. On the global front, the sovereign debt problems that have beset the euro area over the past year now threaten larger economies in the region. In the US, concerns over a sovereign default loom over financial markets, with potentially disruptive consequences for global
ಜುಲೈ 26, 2011
Liquidity Adjustment Facility - Repo and Reverse Repo and Marginal Standing Facility Rates
RBI/2011-2012/126 FMD.MOAG. No.61/01.01.01/2011-12 July 26, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced in the First Quarter Review of Monetary Policy 2011-12, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 7.50 per cent to 8.00 per cent with immediate effect.
RBI/2011-2012/126 FMD.MOAG. No.61/01.01.01/2011-12 July 26, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced in the First Quarter Review of Monetary Policy 2011-12, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 7.50 per cent to 8.00 per cent with immediate effect.
ಜುಲೈ 25, 2011
Financial Inclusion Indicators : Quarterly Reporting-Discontinuance of
RBI/2011-12/122 RPCD.FID.BC.No.13/12.01.011/2011-12 July 22, 2011 The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Financial Inclusion Indicators: Quarterly Reporting-Discontinuance of Please refer to our Circular RPCD. MFFI. No 11324/12.01.011/2007-08 dated April 24, 2008 in terms of which you were advised to submit quarterly statements pertaining to certain financial inclusion indicators. As the
RBI/2011-12/122 RPCD.FID.BC.No.13/12.01.011/2011-12 July 22, 2011 The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Financial Inclusion Indicators: Quarterly Reporting-Discontinuance of Please refer to our Circular RPCD. MFFI. No 11324/12.01.011/2007-08 dated April 24, 2008 in terms of which you were advised to submit quarterly statements pertaining to certain financial inclusion indicators. As the
ಜುಲೈ 25, 2011
Exim Bank's Line of Credit of USD 20 million to the Government of the Republic of Mozambique
RBI/2011-12/119 A.P. (DIR Series) Circular No. 04 July 25, 2011 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 20 million to the Government of the Republic of Mozambique Export-Import Bank of India (Exim Bank) has concluded an Agreement dated March 28, 2011 with the Government of the Republic of Mozambique, making available to the latter, a Line of Credit (LOC) of USD 20 million (USD twenty million) for financing eligible go
RBI/2011-12/119 A.P. (DIR Series) Circular No. 04 July 25, 2011 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 20 million to the Government of the Republic of Mozambique Export-Import Bank of India (Exim Bank) has concluded an Agreement dated March 28, 2011 with the Government of the Republic of Mozambique, making available to the latter, a Line of Credit (LOC) of USD 20 million (USD twenty million) for financing eligible go
ಜುಲೈ 25, 2011
List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation
RBI/2011-2012/120 UBD.CO.BPD (PCB) Cir.No.2/14.01.062/2011-12 July 22, 2011 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Madam/Dear Sir, List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation Please refer to our circular UBD.CO. BPD (PCB).Cir.No.1/14.01.062/2011-12 dated July 07, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated
RBI/2011-2012/120 UBD.CO.BPD (PCB) Cir.No.2/14.01.062/2011-12 July 22, 2011 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Madam/Dear Sir, List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation Please refer to our circular UBD.CO. BPD (PCB).Cir.No.1/14.01.062/2011-12 dated July 07, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated
ಜುಲೈ 25, 2011
Dishonour / Return of Cheques - Need to Sign / Initial the Cheque Return Memo
RBI/2011-12/121 DPSS.CO.CHD.No. 120 / 03.06.01 / 2011-12 July 25, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Dishonour / Return of Cheques - Need to Sign / Initial the Cheque Return Memo Please refer to our circular DPSS. CO. CHD. No. 485 / 03.06.01 / 2010-11 dated September 1, 2010 on Dishon
RBI/2011-12/121 DPSS.CO.CHD.No. 120 / 03.06.01 / 2011-12 July 25, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Dishonour / Return of Cheques - Need to Sign / Initial the Cheque Return Memo Please refer to our circular DPSS. CO. CHD. No. 485 / 03.06.01 / 2010-11 dated September 1, 2010 on Dishon
ಜುಲೈ 22, 2011
Inclusion in /exclusion from the Second Schedule to the RBI Act, 1934 - RRBs
RBI/2011-12/117 RPCD.CO.RRB.BC. No. 12/03.05.100/ 2011-12 July 22, 2011 All Regional Rural Banks Dear Sir, Inclusion in / exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 – Regional Rural Banks (RRBs) We advise that the names of 5 amalgamated Regional Rural Banks have been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification RPCD.CO.RRB.No.11377/ 03.05.100/ 2010-11 March 31, 2011 published in the Extraordinary
RBI/2011-12/117 RPCD.CO.RRB.BC. No. 12/03.05.100/ 2011-12 July 22, 2011 All Regional Rural Banks Dear Sir, Inclusion in / exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 – Regional Rural Banks (RRBs) We advise that the names of 5 amalgamated Regional Rural Banks have been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification RPCD.CO.RRB.No.11377/ 03.05.100/ 2010-11 March 31, 2011 published in the Extraordinary
ಜುಲೈ 22, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2011-12/116 RPCD.CO RRB.AML.No.816@@NBSP@@ /03.05.28(A)/2011-12 July 22, 2011 The Chairmen 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.15003 /03.05.28 (A)/2010-11 dated June 28, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated July
RBI/2011-12/116 RPCD.CO RRB.AML.No.816@@NBSP@@ /03.05.28(A)/2011-12 July 22, 2011 The Chairmen 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.15003 /03.05.28 (A)/2010-11 dated June 28, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated July
ಜುಲೈ 20, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2011-12/114 DBOD. AML. No.1106 /14.06.001/2011-12 July 20, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 20059 /14.06.001/2010-11 dated June 24, 2011.@@NBSP@@ We have since received from Government of India (M
RBI/2011-12/114 DBOD. AML. No.1106 /14.06.001/2011-12 July 20, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 20059 /14.06.001/2010-11 dated June 24, 2011.@@NBSP@@ We have since received from Government of India (M
ಜುಲೈ 15, 2011
Branch Authorization Policy - Opening of branches in unbanked rural centres
RBI/2011-12/113 DBOD.No.BL.BC. 24/22.01.001/2011-12 July@@NBSP@@ 15, 2011 All Scheduled Commercial Banks (excluding RRBs) Madam/Dear Sir, Branch Authorization Policy - Opening of branches in unbanked rural centres Please refer to paragraphs 97& 98 of the Monetary Policy Statement 2011-12 on the above subject (extract enclosed). As stated therein, there is a need to step up the opening of branches in rural areas so as to meet the objectives of increasing banking pe
RBI/2011-12/113 DBOD.No.BL.BC. 24/22.01.001/2011-12 July@@NBSP@@ 15, 2011 All Scheduled Commercial Banks (excluding RRBs) Madam/Dear Sir, Branch Authorization Policy - Opening of branches in unbanked rural centres Please refer to paragraphs 97& 98 of the Monetary Policy Statement 2011-12 on the above subject (extract enclosed). As stated therein, there is a need to step up the opening of branches in rural areas so as to meet the objectives of increasing banking pe
ಜುಲೈ 13, 2011
Lending to Priority Sector -Reporting Data on Priority Sector Advances
RBI/2011-12/110 RPCD.CO.Plan.BC.11 /04.09.01/2011-12 July 13, 2011 The Chairman/Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Lending to Priority Sector –Reporting Data on Priority Sector Advances Please refer to our circular RPCD. No. Plan. BC. 21/04.09.01/2007-08 dated September 3, 2007 on the captioned subject. 2. It has now been decided to increase the frequency of submission of ad-hoc
RBI/2011-12/110 RPCD.CO.Plan.BC.11 /04.09.01/2011-12 July 13, 2011 The Chairman/Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Lending to Priority Sector –Reporting Data on Priority Sector Advances Please refer to our circular RPCD. No. Plan. BC. 21/04.09.01/2007-08 dated September 3, 2007 on the captioned subject. 2. It has now been decided to increase the frequency of submission of ad-hoc
ಜುಲೈ 13, 2011
Retail Electronic Payment Systems -NEFT / NECS / RECS / ECS - Levy of Processing Charges- Collection & Settlement of Inter-bank Charges
RBI/2011-12/111 DPSS (CO) EPPD No./ 94 / 04.03.01/ 2011-12 July 13, 2011 The Chairman and Managing Director / Chief Executive Officerof member banks participating in NEFT / NECS / RECS / ECS Madam / Dear Sir, Retail Electronic Payment Systems –NEFT / NECS / RECS / ECS – Levy of Processing Charges- Collection & Settlement of Inter-bank Charges Please refer to our circular DPSS (CO) EPPD No. 2649 / 04.03.01 / 2010-11 dated June 02, 2011 on the above subject.We have
RBI/2011-12/111 DPSS (CO) EPPD No./ 94 / 04.03.01/ 2011-12 July 13, 2011 The Chairman and Managing Director / Chief Executive Officerof member banks participating in NEFT / NECS / RECS / ECS Madam / Dear Sir, Retail Electronic Payment Systems –NEFT / NECS / RECS / ECS – Levy of Processing Charges- Collection & Settlement of Inter-bank Charges Please refer to our circular DPSS (CO) EPPD No. 2649 / 04.03.01 / 2010-11 dated June 02, 2011 on the above subject.We have
ಜುಲೈ 07, 2011
UCBs - List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation
RBI/2011-12/109 UBD.CO.BPD (PCB) Cir.No.1/14.01.062/2011-12 July 07, 2011 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Madam/Dear Sir, List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation Please refer to our circular UBD.CO. BPD (PCB).Cir.No.48/14.01.062/2010-11 dated May 11, 2011. We enclose, as detailed below, copies of notification (received from Government of India – Ministry
RBI/2011-12/109 UBD.CO.BPD (PCB) Cir.No.1/14.01.062/2011-12 July 07, 2011 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Madam/Dear Sir, List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation Please refer to our circular UBD.CO. BPD (PCB).Cir.No.48/14.01.062/2010-11 dated May 11, 2011. We enclose, as detailed below, copies of notification (received from Government of India – Ministry
ಜುಲೈ 06, 2011
Transactions in Government Securities -Extension of DvP III facility to Gilt Account Holders
RBI/2011-12/108 IDMD.PCD.06/14.03.07/2011-12 July 06, 2011 All market participants Dear Sir/Madam, Transactions in Government Securities –Extension of DvP III facility to Gilt Account Holders The settlement of trades in Government securities through CCIL was shifted from DvP II to DvP III with effect from April 02, 2004 videcircular IDMD.PDRD.05/10.02.01/2003-04 dated March 29, 2004. It was however clarified vide circular IDMD.PDRS.01/10.02.01/2004-05 dated July 23, 2
RBI/2011-12/108 IDMD.PCD.06/14.03.07/2011-12 July 06, 2011 All market participants Dear Sir/Madam, Transactions in Government Securities –Extension of DvP III facility to Gilt Account Holders The settlement of trades in Government securities through CCIL was shifted from DvP II to DvP III with effect from April 02, 2004 videcircular IDMD.PDRD.05/10.02.01/2003-04 dated March 29, 2004. It was however clarified vide circular IDMD.PDRS.01/10.02.01/2004-05 dated July 23, 2
ಜುಲೈ 05, 2011
Investment by banks in liquid/short term debt schemes of mutual funds
RBI/2011-12/106 DBOD.No.BP.BC. 23/21.04.141/2011-12 July 5, 2011 The Chairmen & Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Investment by banks in liquid/short term debt schemes of mutual funds Please refer to paragraph 112 of the Monetary Policy Statement 2011-12 (extract enclosed) wherein it has been indicated that banks’ investments in liquid schemes of mutual funds have grown manifol
RBI/2011-12/106 DBOD.No.BP.BC. 23/21.04.141/2011-12 July 5, 2011 The Chairmen & Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Investment by banks in liquid/short term debt schemes of mutual funds Please refer to paragraph 112 of the Monetary Policy Statement 2011-12 (extract enclosed) wherein it has been indicated that banks’ investments in liquid schemes of mutual funds have grown manifol
ಜುಲೈ 04, 2011
List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2011-12/104 RPCD.CO.RCB.AML.No.53 /07.02.12/2011-12 July 4, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.15024/07.02.12/2010-11 dated June 29, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated June 23, 2011 f
RBI/2011-12/104 RPCD.CO.RCB.AML.No.53 /07.02.12/2011-12 July 4, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.15024/07.02.12/2010-11 dated June 29, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated June 23, 2011 f
ಜೂನ್ 30, 2011
Efficacy of Concurrent Audit
RBI/2010-11/589 DBS. CO.FrMC.BC.No. 11/23.04.001/2010-11 June 30, 2011 The Chairmen & Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions Dear Sir, Efficacy of Concurrent Audit 1. A study of large value frauds, including frauds under housing loan segment, reported by banks to Reserve Bank of India was undertaken to understand the gaps in the control mechanism which contributed to perpetration of t
RBI/2010-11/589 DBS. CO.FrMC.BC.No. 11/23.04.001/2010-11 June 30, 2011 The Chairmen & Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions Dear Sir, Efficacy of Concurrent Audit 1. A study of large value frauds, including frauds under housing loan segment, reported by banks to Reserve Bank of India was undertaken to understand the gaps in the control mechanism which contributed to perpetration of t
ಜೂನ್ 29, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/ 585 RPCD.CO.RCB.AML.No.15024/07.02.12/2010-11 June 29, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.14580/07.02.12/2010-11 dated June 21, 2011.We have since received from Government of India (Ministry of External Affairs) copy of note dated June 16, 201
RBI/2010-11/ 585 RPCD.CO.RCB.AML.No.15024/07.02.12/2010-11 June 29, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.14580/07.02.12/2010-11 dated June 21, 2011.We have since received from Government of India (Ministry of External Affairs) copy of note dated June 16, 201
ಜೂನ್ 28, 2011
RRBs -List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/583 RPCD.CO RRB.AML.No. 15003@@NBSP@@ /03.05.28(A)/2010-11 June 28, 2011 The Chairmen 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.14878 /03.05.28 (A)/2010-11 dated June 24, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated J
RBI/2010-11/583 RPCD.CO RRB.AML.No. 15003@@NBSP@@ /03.05.28(A)/2010-11 June 28, 2011 The Chairmen 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.14878 /03.05.28 (A)/2010-11 dated June 24, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated J
ಜೂನ್ 28, 2011
Credit Mobilisation Targets under the Swarnajayanti Gram Swarozgar Yojana (SGSY) for the year 2011 - 12
RBI/2010-11/582 RPCD. GSSD. CO. No.14360 / 09.01.01 CM / 2010 - 11 June 14, 2011 The Chairman / Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Credit Mobilisation Targets under the Swarnajayanti Gram Swarozgar Yojana (SGSY) for the year 2011 - 12 The Government of India has finalized the Credit Mobilisation Targets for the year 2011 - 12 under the Swarnajayanti Gram Swarozgar Yojana (SGSY). The State / Union Territory - wise credit
RBI/2010-11/582 RPCD. GSSD. CO. No.14360 / 09.01.01 CM / 2010 - 11 June 14, 2011 The Chairman / Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Credit Mobilisation Targets under the Swarnajayanti Gram Swarozgar Yojana (SGSY) for the year 2011 - 12 The Government of India has finalized the Credit Mobilisation Targets for the year 2011 - 12 under the Swarnajayanti Gram Swarozgar Yojana (SGSY). The State / Union Territory - wise credit
ಜೂನ್ 24, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/580 DBOD. AML. No. 20059/14.06.001/2010-11 June 24, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 19577/14.06.001/2010-11 dated June 17, 2011.@@NBSP@@ We have since received from Government of India (M
RBI/2010-11/580 DBOD. AML. No. 20059/14.06.001/2010-11 June 24, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 19577/14.06.001/2010-11 dated June 17, 2011.@@NBSP@@ We have since received from Government of India (M
ಜೂನ್ 24, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/579 RPCD.CO RRB.AML.No. 14878/03.05.28(A)/2010-11 June 24, 2011 The Chairmen 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.14628 /03.05.28 (A)/2010-11 dated June 22, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated June 16, 2
RBI/2010-11/579 RPCD.CO RRB.AML.No. 14878/03.05.28(A)/2010-11 June 24, 2011 The Chairmen 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.14628 /03.05.28 (A)/2010-11 dated June 22, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated June 16, 2
ಜೂನ್ 22, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/576 RPCD.CO RRB.AML.No.14628 /03.05.28(A)/2010-11 June 22, 2011 The Chairmen 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.14516 /03.05.28(A)/2010-11 dated June 17, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated June 15, 20
RBI/2010-11/576 RPCD.CO RRB.AML.No.14628 /03.05.28(A)/2010-11 June 22, 2011 The Chairmen 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.14516 /03.05.28(A)/2010-11 dated June 17, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated June 15, 20
ಜೂನ್ 21, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/575 RPCD.CO.RCB.AML.No.14580/07.02.12/2010-11 June 21, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.14447/07.02.12/2010-11 dated June 16, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated June 15, 201
RBI/2010-11/575 RPCD.CO.RCB.AML.No.14580/07.02.12/2010-11 June 21, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.14447/07.02.12/2010-11 dated June 16, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated June 15, 201
ಜೂನ್ 17, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/574 DBOD. AML.No.19577 /14.06.001/2010-11 June 17, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 19483/14.06.001/2010-11 dated June 16, 2011.@@NBSP@@ We have since received from Government of India (Mi
RBI/2010-11/574 DBOD. AML.No.19577 /14.06.001/2010-11 June 17, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 19483/14.06.001/2010-11 dated June 16, 2011.@@NBSP@@ We have since received from Government of India (Mi
ಜೂನ್ 17, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/573 RPCD.CO RRB.AML.No.14516 /03.05.28(A)/2010-11 June 17, 2011 The Chairmen 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.14310 /03.05.28(A)/2010-11 dated June 14, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated June 10, 2011 forwa
RBI/2010-11/573 RPCD.CO RRB.AML.No.14516 /03.05.28(A)/2010-11 June 17, 2011 The Chairmen 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.14310 /03.05.28(A)/2010-11 dated June 14, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated June 10, 2011 forwa
ಜೂನ್ 16, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/572 DBOD. AML.No.19483/14.06.001/2010-11 June 16, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 19262 /14.06.001/2010-11 dated June 14, 2011.@@NBSP@@ We have since received from Government of India (Mi
RBI/2010-11/572 DBOD. AML.No.19483/14.06.001/2010-11 June 16, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 19262 /14.06.001/2010-11 dated June 14, 2011.@@NBSP@@ We have since received from Government of India (Mi
ಜೂನ್ 16, 2011
Standing Liquidity Facilities for Banks and Primary Dealers
RBI/2010-11/570 REF.No.MPD.BC.344 /07.01.279/2010-11 June 16, 2011 To All Scheduled Banks [excluding Regional Rural Banks(RRBs) ] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Mid-Quarter Monetary Policy Review of@@NBSP@@@@NBSP@@ June 16, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 7.25 per cent to 7.50 per cent with
RBI/2010-11/570 REF.No.MPD.BC.344 /07.01.279/2010-11 June 16, 2011 To All Scheduled Banks [excluding Regional Rural Banks(RRBs) ] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Mid-Quarter Monetary Policy Review of@@NBSP@@@@NBSP@@ June 16, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 7.25 per cent to 7.50 per cent with
ಜೂನ್ 16, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/ 571 RPCD.CO.RCB.AML.No.14447/07.02.12/2010-11 June 16, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.14003/07.02.12/2010-11 dated June 7, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated June 10, 201
RBI/2010-11/ 571 RPCD.CO.RCB.AML.No.14447/07.02.12/2010-11 June 16, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.14003/07.02.12/2010-11 dated June 7, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated June 10, 201
ಜೂನ್ 14, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/564 DBOD. AML.No.19262/14.06.001/2010-11 June 14, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 18819 /14.06.001/2010-11 dated June 3, 2011.@@NBSP@@ We have since received from Government of India (Min
RBI/2010-11/564 DBOD. AML.No.19262/14.06.001/2010-11 June 14, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No. 18819 /14.06.001/2010-11 dated June 3, 2011.@@NBSP@@ We have since received from Government of India (Min
ಜೂನ್ 14, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/567 RPCD.CO RRB.AML.No. 14310 /03.05.28(A)/2010-11 June 14, 2011 The Chairmen 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.12989 /03.05.28(A)/2010-11 dated May 10, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copies of following notes for
RBI/2010-11/567 RPCD.CO RRB.AML.No. 14310 /03.05.28(A)/2010-11 June 14, 2011 The Chairmen 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.12989 /03.05.28(A)/2010-11 dated May 10, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copies of following notes for
ಜೂನ್ 10, 2011
Non-implementation of Senior Citizens Savings Scheme- 2004(SCSS) by certain banks on deposit by Army Personnel
RBI/2010-11/562 DGBA. CDD. No. H-8545/15.15.001/2010-11 June 09, 2011 The Managing Director/ Chief General Manager Government Accounts Department Government Business Department/Head Office State Bank of India//State Bank of Patiala/ State Bank of Bikaner & Jaipur/State Bank of Travancore/ State Bank of Hyderabad/State Bank of Mysore/ Allahabad Bank/Bank of Baroda/Bank of India/ Bank of Maharashtra/Canara Bank/Central Bank of India/ Corporation Bank/Dena Bank/India
RBI/2010-11/562 DGBA. CDD. No. H-8545/15.15.001/2010-11 June 09, 2011 The Managing Director/ Chief General Manager Government Accounts Department Government Business Department/Head Office State Bank of India//State Bank of Patiala/ State Bank of Bikaner & Jaipur/State Bank of Travancore/ State Bank of Hyderabad/State Bank of Mysore/ Allahabad Bank/Bank of Baroda/Bank of India/ Bank of Maharashtra/Canara Bank/Central Bank of India/ Corporation Bank/Dena Bank/India
ಜೂನ್ 10, 2011
Prudential Guidelines on Restructuring of Advances by Banks
RBI/2010-11/ 561 DBOD.BP.BC.No.99 /21.04.132/2010-11 June 10, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs & LABs) Dear Sir, Prudential Guidelines on Restructuring of Advances by Banks Please refer to paragraph 3.4.2(v) of our circular DBOD.BP.BC.No.37/21.04.132/ 2008-09 dated August 27, 2008 on ‘Prudential Guidelines on Restructuring of Advances by Banks’, wherein banks were advised that if d
RBI/2010-11/ 561 DBOD.BP.BC.No.99 /21.04.132/2010-11 June 10, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs & LABs) Dear Sir, Prudential Guidelines on Restructuring of Advances by Banks Please refer to paragraph 3.4.2(v) of our circular DBOD.BP.BC.No.37/21.04.132/ 2008-09 dated August 27, 2008 on ‘Prudential Guidelines on Restructuring of Advances by Banks’, wherein banks were advised that if d
ಜೂನ್ 09, 2011
Retail Electronic Payment Systems - NEFT / NECS / RECS / ECS - Levy of Processing Charges
RBI/2010-11/559 DPSS (CO) EPPD No. /2649/ 04.03.01/2010-11 June 02, 2011 The Chairman and Managing Director / Chief Executive Officer of member banks participating in@@NBSP@@ NEFT / NECS / RECS / ECS Madam / Dear Sir, Retail Electronic Payment Systems – NEFT / NECS / RECS / ECS – Levy of Processing Charges As you are aware, the Reserve Bank of India has been waiving processing charges for retail electronic payment products (NEFT, NECS, RECS and ECS) since the year 200
RBI/2010-11/559 DPSS (CO) EPPD No. /2649/ 04.03.01/2010-11 June 02, 2011 The Chairman and Managing Director / Chief Executive Officer of member banks participating in@@NBSP@@ NEFT / NECS / RECS / ECS Madam / Dear Sir, Retail Electronic Payment Systems – NEFT / NECS / RECS / ECS – Levy of Processing Charges As you are aware, the Reserve Bank of India has been waiving processing charges for retail electronic payment products (NEFT, NECS, RECS and ECS) since the year 200
ಜೂನ್ 07, 2011
List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/558 RPCD.CO.RCB.AML.No.14003/07.02.12/2010-11 June 7, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.13016/07.02.12/2010-11 dated May 10, 2011. We have since received from Government of India (Ministry of External Affairs) copies of following notes forward
RBI/2010-11/558 RPCD.CO.RCB.AML.No.14003/07.02.12/2010-11 June 7, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.13016/07.02.12/2010-11 dated May 10, 2011. We have since received from Government of India (Ministry of External Affairs) copies of following notes forward
ಜೂನ್ 03, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/557 DBOD. AML.No.18819/14.06.001/2010-11 June 3, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No.16832 /14.06.001/2010-11 dated May 2, 2011. We have since received from Government of India (Ministry of Ex
RBI/2010-11/557 DBOD. AML.No.18819/14.06.001/2010-11 June 3, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML No.16832 /14.06.001/2010-11 dated May 2, 2011. We have since received from Government of India (Ministry of Ex
ಜೂನ್ 03, 2011
Financing of Self Help Groups and Joint Liability Groups by UCBs
RBI/2010-11/556 UBD.BPD.(PCB)CIR No. 50/13.05.000(B)/2010-11 June 2, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Financing of Self Help Groups (SHGs) and Joint Liability Groups (JLGs) by Primary (Urban) Co-operative Banks (UCBs) As announced in the Monetary Policy 2011-12 [para 100 - appended], with a view to further expanding the outreach of UCBs and opening an additional channel for promoting financial inclusion,@@NBSP@
RBI/2010-11/556 UBD.BPD.(PCB)CIR No. 50/13.05.000(B)/2010-11 June 2, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Financing of Self Help Groups (SHGs) and Joint Liability Groups (JLGs) by Primary (Urban) Co-operative Banks (UCBs) As announced in the Monetary Policy 2011-12 [para 100 - appended], with a view to further expanding the outreach of UCBs and opening an additional channel for promoting financial inclusion,@@NBSP@
ಜೂನ್ 02, 2011
Findings of Forensic Scrutiny - Guidelines for prevention of frauds
RBI/2010-11/555 DBS. CO.FrMC.BC.No. 10/23.04.001/2010-11 May 31, 2011 The Chairmen & Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions Dear Sir, Findings of Forensic Scrutiny- Guidelines for prevention of frauds In the recent past, we had conducted forensic scrutinies at certain identified banks due to occurrence of large value frauds or sharp increase in number of frauds at such banks. The scru
RBI/2010-11/555 DBS. CO.FrMC.BC.No. 10/23.04.001/2010-11 May 31, 2011 The Chairmen & Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions Dear Sir, Findings of Forensic Scrutiny- Guidelines for prevention of frauds In the recent past, we had conducted forensic scrutinies at certain identified banks due to occurrence of large value frauds or sharp increase in number of frauds at such banks. The scru
ಜೂನ್ 02, 2011
Internal Vigilance in Private Sector/foreign Banks
RBI/2010-11/554 DBS.CO.FrMC.BC.No. 9/23.04.001/2010-11 May 26, 2011 Chairmen/Chief Executive Officers All Private Sector Banks/Foreign Banks Dear Sir, Internal Vigilance in Private Sector/foreign Banks As you are aware the Central Vigilance Commission has issued guidelines to Public Sector Banks on the appointment of Chief Vigilance Officer in all public sector Banks. The purpose of this is to ensure that all the internal vigilance functions in the public sector banks
RBI/2010-11/554 DBS.CO.FrMC.BC.No. 9/23.04.001/2010-11 May 26, 2011 Chairmen/Chief Executive Officers All Private Sector Banks/Foreign Banks Dear Sir, Internal Vigilance in Private Sector/foreign Banks As you are aware the Central Vigilance Commission has issued guidelines to Public Sector Banks on the appointment of Chief Vigilance Officer in all public sector Banks. The purpose of this is to ensure that all the internal vigilance functions in the public sector banks
ಜೂನ್ 01, 2011
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 - Credit Suisse A.G
RBI/2010-11/552 Ref: DBOD. No.Ret. BC. 97/12.06.128/2010-11 June 01, 2011 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Credit Suisse A.G We advise that the name of “Credit Suisse A.G” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD IBD. No. 13983 / 23.03.025/2010-11 dated March 08, 2011, published in the Gazette of India (Part III – Section 4) dat
RBI/2010-11/552 Ref: DBOD. No.Ret. BC. 97/12.06.128/2010-11 June 01, 2011 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Credit Suisse A.G We advise that the name of “Credit Suisse A.G” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD IBD. No. 13983 / 23.03.025/2010-11 dated March 08, 2011, published in the Gazette of India (Part III – Section 4) dat
ಜೂನ್ 01, 2011
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 - Sberbank
RBI/2010-11/553 Ref: DBOD. No.Ret. BC. 98/12.06.129/2010-11@@NBSP@@ @@NBSP@@June 01, 2011 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Sberbank We advise that the name of “Sberbank” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD IBD. No. 13982 / 23.03.022/2010-11 dated March 08, 2011, published in the Gazette of India (Part III – Section 4) dated
RBI/2010-11/553 Ref: DBOD. No.Ret. BC. 98/12.06.129/2010-11@@NBSP@@ @@NBSP@@June 01, 2011 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Sberbank We advise that the name of “Sberbank” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD IBD. No. 13982 / 23.03.022/2010-11 dated March 08, 2011, published in the Gazette of India (Part III – Section 4) dated
ಮೇ 30, 2011
Resolution of issues regarding allocation of villages under Electronic Benefit Transfer (EBT) scheme and roadmap for providing banking services in villages with population above 2000 under Financial Inclusion Plan (FIP)
RBI/2010-11/550 RPCD.CO.LBS.BC.No. 74/02.19.010/2010-11 May 30, 2011 The Chairmen/Chairman and Managing Director, All SLBC Convenor banks Dear Sir/Madam, Resolution of issues regarding allocation of villages under Electronic Benefit Transfer (EBT) scheme and roadmap for providing banking services in villages with population above 2000 under Financial Inclusion Plan (FIP) It has been brought to our notice that in some States the State Governments are implementing the I
RBI/2010-11/550 RPCD.CO.LBS.BC.No. 74/02.19.010/2010-11 May 30, 2011 The Chairmen/Chairman and Managing Director, All SLBC Convenor banks Dear Sir/Madam, Resolution of issues regarding allocation of villages under Electronic Benefit Transfer (EBT) scheme and roadmap for providing banking services in villages with population above 2000 under Financial Inclusion Plan (FIP) It has been brought to our notice that in some States the State Governments are implementing the I
ಮೇ 30, 2011
Guidelines for Accounting of Repo / Reverse Repo Transactions-Clarification
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2010-11/551 IDMD No./29 /11.08.043/2010-11 May 30, 2011 To All RBI regulated entities (Commercial Banks, Co-operative Banks, Primary Dealers, Financial Institutions, RRBs and NBFCs) Dear Sir/Madam, Guidelines for Accounting of Repo / Reverse Repo Transactions-Clarification Please refer to our circular RBI/2009-2010/356 IDMD/4135/11.08.043/2009-10
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2010-11/551 IDMD No./29 /11.08.043/2010-11 May 30, 2011 To All RBI regulated entities (Commercial Banks, Co-operative Banks, Primary Dealers, Financial Institutions, RRBs and NBFCs) Dear Sir/Madam, Guidelines for Accounting of Repo / Reverse Repo Transactions-Clarification Please refer to our circular RBI/2009-2010/356 IDMD/4135/11.08.043/2009-10
ಮೇ 27, 2011
Reconciliation of failed transactions at ATMs
RBI/2010/11/547 DPSS.PD.No.2632 / 02.10.002 / 2010-2011 May 27, 2011 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Madam / Dear Sir Reconciliation of failed transactions at ATMs Please refer to our letter DPSS No. 711 / 02.10.02 / 2008-2009, 1424 / 02.10.02 / 2008-2009 and 101 / 02.10.02 / 2009-2010 dated October 23, 2
RBI/2010/11/547 DPSS.PD.No.2632 / 02.10.002 / 2010-2011 May 27, 2011 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Madam / Dear Sir Reconciliation of failed transactions at ATMs Please refer to our letter DPSS No. 711 / 02.10.02 / 2008-2009, 1424 / 02.10.02 / 2008-2009 and 101 / 02.10.02 / 2009-2010 dated October 23, 2
ಮೇ 26, 2011
StCBs/DCCBs - Setting up of Central Electronic Registry under the SARFESAI Act, 2002
RBI/2010-11/546 RPCD.CO RCB.BC.No. 73/07.38.03/2010-11 May 26, 2011 All State and Central Co-operative Banks Dear Sir, Setting up of Central Electronic Registry under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 Pursuant to the announcement made by the Finance Minister in the budget speech for 2011-12, Government of India, Ministry of Finance notified the establishment of the Central Registry. The objective of
RBI/2010-11/546 RPCD.CO RCB.BC.No. 73/07.38.03/2010-11 May 26, 2011 All State and Central Co-operative Banks Dear Sir, Setting up of Central Electronic Registry under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 Pursuant to the announcement made by the Finance Minister in the budget speech for 2011-12, Government of India, Ministry of Finance notified the establishment of the Central Registry. The objective of
ಮೇ 25, 2011
UCBs - Enhancement in gratuity limits - Prudential Regulatory Treatment
RBI/2010-11/544 UBD.BPD.(PCB) CIR No. 49/09.14.000/2010-11 May 24, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Enhancement in gratuity limits - Prudential Regulatory Treatment Please refer to para 10 of Memorandum attached to our Circular UBD.No.I&L.38/J.1-92/93 dated February 9, 1993 advising UCBs that it is necessary to estimate the liabilities on account of Provident Fund, Pension, Gratuity etc. on actuarial basis
RBI/2010-11/544 UBD.BPD.(PCB) CIR No. 49/09.14.000/2010-11 May 24, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Enhancement in gratuity limits - Prudential Regulatory Treatment Please refer to para 10 of Memorandum attached to our Circular UBD.No.I&L.38/J.1-92/93 dated February 9, 1993 advising UCBs that it is necessary to estimate the liabilities on account of Provident Fund, Pension, Gratuity etc. on actuarial basis
ಮೇ 25, 2011
Finance for and Loans/Advances against IDRs
RBI/2010-11/ 543 DBOD. Dir.BC. 96 /13.03.00/2010-11 May 25, 2011 All Scheduled Commercial banks (Excluding RRBs) Dear Sir / Madam Finance for and Loans/Advances against IDRs In terms of Foreign Exchange Department circular A.P (DIR Series) Circular No.5 dated July 22, 2009, eligible companies resident outside India have been permitted to issue Indian Depository Receipts (IDRs) through a domestic depository, subject to terms and conditions indicated therein. 2. The mat
RBI/2010-11/ 543 DBOD. Dir.BC. 96 /13.03.00/2010-11 May 25, 2011 All Scheduled Commercial banks (Excluding RRBs) Dear Sir / Madam Finance for and Loans/Advances against IDRs In terms of Foreign Exchange Department circular A.P (DIR Series) Circular No.5 dated July 22, 2009, eligible companies resident outside India have been permitted to issue Indian Depository Receipts (IDRs) through a domestic depository, subject to terms and conditions indicated therein. 2. The mat
ಮೇ 24, 2011
Guidelines on Credit Default Swaps (CDS) for Corporate Bonds
RBI/2010-11/542 IDMD.PCD.No. 5053 /14.03.04/2010-11 May 23, 2011 All Market Participants Dear Sir Guidelines on Credit Default Swaps (CDS) for Corporate Bonds As indicated in paragraph 113 of the Second Quarter Review of Monetary Policy for year 2009-10, an Internal Group was constituted by the Reserve Bank to finalise the operational framework for the introduction of plain vanilla OTC single-name CDS for corporate bonds in India. 2.@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@N
RBI/2010-11/542 IDMD.PCD.No. 5053 /14.03.04/2010-11 May 23, 2011 All Market Participants Dear Sir Guidelines on Credit Default Swaps (CDS) for Corporate Bonds As indicated in paragraph 113 of the Second Quarter Review of Monetary Policy for year 2009-10, an Internal Group was constituted by the Reserve Bank to finalise the operational framework for the introduction of plain vanilla OTC single-name CDS for corporate bonds in India. 2.@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@N
ಮೇ 23, 2011
'Fit and Proper' Criteria for Directors on the Boards of Banks
RBI/2010-11/541 DBOD. No.BC.No. 95/29.39.001/2010-11 May 23, 2011 To, The Chairmen & Managing Directors of all Nationalised Banks / Managing Directors & CEOs of all Private Sector Banks / The Managing Directors of all the Associate Banks of State Bank of India Dear Sir / Madam, 'Fit and Proper' Criteria for Directors on the Boards of Banks Please refer to DBOD circulars No.BC.104 & 105/08.139.001/2003-04 dated June 25, 2004 addressed to all private sector
RBI/2010-11/541 DBOD. No.BC.No. 95/29.39.001/2010-11 May 23, 2011 To, The Chairmen & Managing Directors of all Nationalised Banks / Managing Directors & CEOs of all Private Sector Banks / The Managing Directors of all the Associate Banks of State Bank of India Dear Sir / Madam, 'Fit and Proper' Criteria for Directors on the Boards of Banks Please refer to DBOD circulars No.BC.104 & 105/08.139.001/2003-04 dated June 25, 2004 addressed to all private sector
ಮೇ 20, 2011
Increase in Housing Loan Limit under Priority Sector
RBI/2010-11/533 RPCD.CORRB.No.71 /03.05.33/2010-11 May 16, 2011 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Increase in Housing Loan Limit under Priority Sector Please refer to paragraph 7.1 of our circular RPCD.No.RRB.BC.20/03.05.33/2007-08 dated August 22, 2007 on lending to Priority Sector, wherein loans up to Rs.20 lakh irrespective of location, to individuals for purchase / construction of dwelling unit per family, excluding loans granted by banks to t
RBI/2010-11/533 RPCD.CORRB.No.71 /03.05.33/2010-11 May 16, 2011 The Chairman All Regional Rural Banks (RRBs) Dear Sir, Increase in Housing Loan Limit under Priority Sector Please refer to paragraph 7.1 of our circular RPCD.No.RRB.BC.20/03.05.33/2007-08 dated August 22, 2007 on lending to Priority Sector, wherein loans up to Rs.20 lakh irrespective of location, to individuals for purchase / construction of dwelling unit per family, excluding loans granted by banks to t
ಮೇ 20, 2011
NBFCs/RNBCs - List of Terrorist Individuals / Organisations- under UNSCR 1267 (1999)and 1822(2008) on Taliban /AL-Qaida Organisation
RBI/2010-11/540 DNBS(PD).CC. No220/03.10.42 /2010-11 May @@NBSP@@20 , 2011 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, List of Terrorist Individuals / Organisations- under UNSCR 1267 (1999) and 1822(2008) on Taliban /AL-Qaida Organisation The Chairman of UN Security Council's 1267 Committee has issued a note on April 28, 2011 regarding changes made in the consolidated List of Individuals and entities linked to Al-Qaida and Taliban (
RBI/2010-11/540 DNBS(PD).CC. No220/03.10.42 /2010-11 May @@NBSP@@20 , 2011 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, List of Terrorist Individuals / Organisations- under UNSCR 1267 (1999) and 1822(2008) on Taliban /AL-Qaida Organisation The Chairman of UN Security Council's 1267 Committee has issued a note on April 28, 2011 regarding changes made in the consolidated List of Individuals and entities linked to Al-Qaida and Taliban (
ಮೇ 19, 2011
RRBs - Setting up of Central Electronic Registry under the SARFESAI Act, 2002
RBI/2010-11/530 RPCD.CO RRB.BC.No. 72/03.05.33/2010-11 May 19, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Setting up of Central Electronic Registry under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 Pursuant to the announcement made by the Finance Minister in the budget speech for 2011-12, Government of India, Ministry of Finance notified the establishment of the Central Registry. The objectiv
RBI/2010-11/530 RPCD.CO RRB.BC.No. 72/03.05.33/2010-11 May 19, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Setting up of Central Electronic Registry under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 Pursuant to the announcement made by the Finance Minister in the budget speech for 2011-12, Government of India, Ministry of Finance notified the establishment of the Central Registry. The objectiv
ಮೇ 18, 2011
Enhancement of Rates of Provisioning for Non-Performing Assets and Restructured Advances
RBI 2010-11/529 DBOD.No.BP.BC. 94/21.04.048/2011-12 May 18, 2011 The Chairman and Managing Directors / Chief Executive Officers All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Enhancement of Rates of Provisioning for Non-Performing Assets and Restructured Advances Please refer to paragraph 110 of the Monetary Policy Statement for the year 2011-12 (extract enclosed) wherein it was proposed to enhance the provisioning requirements on certain categories o
RBI 2010-11/529 DBOD.No.BP.BC. 94/21.04.048/2011-12 May 18, 2011 The Chairman and Managing Directors / Chief Executive Officers All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Enhancement of Rates of Provisioning for Non-Performing Assets and Restructured Advances Please refer to paragraph 110 of the Monetary Policy Statement for the year 2011-12 (extract enclosed) wherein it was proposed to enhance the provisioning requirements on certain categories o
ಮೇ 16, 2011
Enhancement in gratuity limits - Prudential Regulatory Treatment
RBI/2010-11/527 RPCD.CO RRB.BC.No. 70 /03.05.33/2010-11 May 16, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Enhancement in gratuity limits - Prudential Regulatory Treatment Consequent upon the enhancement in gratuity limits following the amendment to Payment of Gratuity Act 1972, RRBs have approached us for the amortisation of the enhanced expenditure resulting therefrom. 2. The additional liability on account of enhancement in gratuity limits should b
RBI/2010-11/527 RPCD.CO RRB.BC.No. 70 /03.05.33/2010-11 May 16, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Enhancement in gratuity limits - Prudential Regulatory Treatment Consequent upon the enhancement in gratuity limits following the amendment to Payment of Gratuity Act 1972, RRBs have approached us for the amortisation of the enhanced expenditure resulting therefrom. 2. The additional liability on account of enhancement in gratuity limits should b
ಮೇ 12, 2011
National Disaster Management Guidelines on Ensuring Disaster Resilient construction of Buildings and Infrastructure
RBI/2010-11/525 DBOD.Dir.BC.No.93 /08.12.14/ 2010-11 May 12, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, National Disaster Management Guidelines on Ensuring Disaster Resilient construction of Buildings and Infrastructure The National Disaster Management Authority (NDMA), Government of India has formulated guidelines on ensuring disaster resilient construction of buildings and infrastructure financed through banks and other lending institution
RBI/2010-11/525 DBOD.Dir.BC.No.93 /08.12.14/ 2010-11 May 12, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, National Disaster Management Guidelines on Ensuring Disaster Resilient construction of Buildings and Infrastructure The National Disaster Management Authority (NDMA), Government of India has formulated guidelines on ensuring disaster resilient construction of buildings and infrastructure financed through banks and other lending institution
ಮೇ 11, 2011
Limit of Housing Loans Under Priority Sector Advances - UCBs
RBI/2010-11/521 UBD.BPD.(PCB)CIR No.46 /09.09.001/2010-11 May 11, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Limit of Housing Loans Under Priority Sector Advances - UCBs Please refer to our Circular UBD.PCB.Cir.No.11/09.09.01/2007-08 dated August 30, 2007 forwarding therewith the guidelines for UCBs on lending to priority sector. In terms of item (vi) under 'Categories of Priority Sector' and also para 7.1 of section I o
RBI/2010-11/521 UBD.BPD.(PCB)CIR No.46 /09.09.001/2010-11 May 11, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Limit of Housing Loans Under Priority Sector Advances - UCBs Please refer to our Circular UBD.PCB.Cir.No.11/09.09.01/2007-08 dated August 30, 2007 forwarding therewith the guidelines for UCBs on lending to priority sector. In terms of item (vi) under 'Categories of Priority Sector' and also para 7.1 of section I o
ಮೇ 11, 2011
UCBs - List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/523 UBD.CO.BPD (PCB) Cir.No.48/14.01.062/2010-11 May 11, 2011 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Sir, List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation Please refer to our circular UBD.CO. BPD (PCB).Cir.No.44/14.01.062/2010-11 dated May 2, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated April 28
RBI/2010-11/523 UBD.CO.BPD (PCB) Cir.No.48/14.01.062/2010-11 May 11, 2011 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Sir, List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation Please refer to our circular UBD.CO. BPD (PCB).Cir.No.44/14.01.062/2010-11 dated May 2, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated April 28
ಮೇ 11, 2011
Regulatory and Audit Compliance
RBI/2010-11/520 Ref.DBS.ARS.BC. No.07/ 08.91.020/ 2010-11 May 11, 2011 The Chief Executives Officers All foreign banks operating in India Dear Sir/Madam, Regulatory and Audit Compliance It is observed that Indian operations of foreign banks functioning in India as branches of the parent banks generally do not have a separate Audit Committee vested with the responsibility of examining and reviewing inspection/audit reports for their compliance. In the recent past, ther
RBI/2010-11/520 Ref.DBS.ARS.BC. No.07/ 08.91.020/ 2010-11 May 11, 2011 The Chief Executives Officers All foreign banks operating in India Dear Sir/Madam, Regulatory and Audit Compliance It is observed that Indian operations of foreign banks functioning in India as branches of the parent banks generally do not have a separate Audit Committee vested with the responsibility of examining and reviewing inspection/audit reports for their compliance. In the recent past, ther
ಮೇ 11, 2011
UCBs - Exposure to Housing, Real Estate and Commercial Real Estate - Primary (Urban) Co-operative Banks
RBI/2010-11/524 UBD.BPD.(PCB). Cir. No.47/13.05.000/2010-11 May 11, 2011 The Chief Executive Officer, All Primary (Urban) Cooperative Banks. Madam / Dear Sir, Monetary Policy Statement 2011-12 Exposure to Housing, Real Estate and Commercial Real Estate - Primary (Urban) Co-operative Banks Please refer to para 2.3.4 of our Master Circular UBD.PCB.MC.No.1/13.05.000/2010-11 dated July 1, 2010 on Exposure Norms and Statutory / Other Restrictions and para 4.7.4 of Master C
RBI/2010-11/524 UBD.BPD.(PCB). Cir. No.47/13.05.000/2010-11 May 11, 2011 The Chief Executive Officer, All Primary (Urban) Cooperative Banks. Madam / Dear Sir, Monetary Policy Statement 2011-12 Exposure to Housing, Real Estate and Commercial Real Estate - Primary (Urban) Co-operative Banks Please refer to para 2.3.4 of our Master Circular UBD.PCB.MC.No.1/13.05.000/2010-11 dated July 1, 2010 on Exposure Norms and Statutory / Other Restrictions and para 4.7.4 of Master C
ಮೇ 10, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/ 519 RPCD.CO.RCB.AML.No.13016 /07.02.12/2010-11 May 10, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.12267/07.02.12/2010-11 dated April 26, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated April 28,
RBI/2010-11/ 519 RPCD.CO.RCB.AML.No.13016 /07.02.12/2010-11 May 10, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.12267/07.02.12/2010-11 dated April 26, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated April 28,
ಮೇ 10, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/518 RPCD.CO RRB.AML.No.12989 /03.05.28(A)/2010-11 May 10, 2011 The Chairmen 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.11546 /03.05.28(A)/2010-11 dated April 08, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated April 28, 2
RBI/2010-11/518 RPCD.CO RRB.AML.No.12989 /03.05.28(A)/2010-11 May 10, 2011 The Chairmen 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.11546 /03.05.28(A)/2010-11 dated April 08, 2011.@@NBSP@@ We have since received from Government of India (Ministry of External Affairs) copy of note dated April 28, 2
ಮೇ 09, 2011
Housing Loan limit under priority sector
RBI/2010-11/517 RPCD.CO.Plan.BC.69/04.09.01/2010-11 May 9, 2011 The Chairman/Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Housing Loan limit under priority sector Please refer to paragraph 6.1 of our master circular RPCD.CO.Plan.BC.10/04.09.01/2010-11 dated July 1, 2010 on lending to priority sector, wherein loans up to Rs.20 lakh irrespective of location, to individuals for purchase / co
RBI/2010-11/517 RPCD.CO.Plan.BC.69/04.09.01/2010-11 May 9, 2011 The Chairman/Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Housing Loan limit under priority sector Please refer to paragraph 6.1 of our master circular RPCD.CO.Plan.BC.10/04.09.01/2010-11 dated July 1, 2010 on lending to priority sector, wherein loans up to Rs.20 lakh irrespective of location, to individuals for purchase / co
ಮೇ 09, 2011
Marginal Standing Facility - Scheme
RBI/2010-11/515 FMD. No.59/01.18.001/2010-11 May 9, 2011 All Scheduled Commercial Banks Dear Sir, Marginal Standing Facility – Scheme As announced in the Monetary Policy for the year 2011-12, a new Marginal Standing Facility (MSF) is being introduced with effect from May 9, 2011. The Scheme will be operationalized on the lines of the existing Liquidity Adjustment Facility – Repo Scheme (LAF – Repo).@@NBSP@@ The salient features of the Scheme are as under: 1. Effective
RBI/2010-11/515 FMD. No.59/01.18.001/2010-11 May 9, 2011 All Scheduled Commercial Banks Dear Sir, Marginal Standing Facility – Scheme As announced in the Monetary Policy for the year 2011-12, a new Marginal Standing Facility (MSF) is being introduced with effect from May 9, 2011. The Scheme will be operationalized on the lines of the existing Liquidity Adjustment Facility – Repo Scheme (LAF – Repo).@@NBSP@@ The salient features of the Scheme are as under: 1. Effective
ಮೇ 09, 2011
Maintenance of Statutory Liquidity Ratio
RBI/2010-11/516 Ref. DBOD No. Ret. BC. 92 /12.02.001/2010-11 May 09, 2011 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 24 of the Banking Regulation Act, 1949- Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular DBOD No.Ret.BC 41 /12.02.001/2009-10 dated September 08,2009 forwarding the Notification DBOD No.Ret.BC 40 /12.02.001/2009-10 dated September 08,2009 and circular DBOD No.Ret.BC 29 /12.02.001/2010-11d
RBI/2010-11/516 Ref. DBOD No. Ret. BC. 92 /12.02.001/2010-11 May 09, 2011 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 24 of the Banking Regulation Act, 1949- Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular DBOD No.Ret.BC 41 /12.02.001/2009-10 dated September 08,2009 forwarding the Notification DBOD No.Ret.BC 40 /12.02.001/2009-10 dated September 08,2009 and circular DBOD No.Ret.BC 29 /12.02.001/2010-11d
ಮೇ 04, 2011
Mobile Banking Transactions in India - Operative Guidelines for Banks
RBI/2010-11/511 DPSS.CO.No.2502 /02.23.02/ 2010-11 May 4, 2011 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Madam/ Dear Sir Mobile Banking Transactions in India - Operative Guidelines for Banks A reference is invited to Para 125 of the Monetary Policy statement (2011-2012), the operative guidelines on mobile banking
RBI/2010-11/511 DPSS.CO.No.2502 /02.23.02/ 2010-11 May 4, 2011 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Madam/ Dear Sir Mobile Banking Transactions in India - Operative Guidelines for Banks A reference is invited to Para 125 of the Monetary Policy statement (2011-2012), the operative guidelines on mobile banking
ಮೇ 03, 2011
Interest Rate on Savings Deposits increased
RBI/2010-11/507 DBOD.Dir.BC. 90 /13.03.00/2010-11 May 3, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Interest Rates on Deposits Please refer to our directive DBOD.No.Dir.BC.75/13.03.00/2002-03 dated February 28, 2003. 2.@@NBSP@@ It has been decided to increase the interest rate on domestic and ordinary Non-Resident savings deposits as well as savings deposits under Non-Resident (External) Accounts Scheme by 0.5 percentage point from 3.5 per cen
RBI/2010-11/507 DBOD.Dir.BC. 90 /13.03.00/2010-11 May 3, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Interest Rates on Deposits Please refer to our directive DBOD.No.Dir.BC.75/13.03.00/2002-03 dated February 28, 2003. 2.@@NBSP@@ It has been decided to increase the interest rate on domestic and ordinary Non-Resident savings deposits as well as savings deposits under Non-Resident (External) Accounts Scheme by 0.5 percentage point from 3.5 per cen
ಮೇ 03, 2011
Standing Liquidity Facilities for Banks and Primary Dealers
RBI/2010-11/506 REF.No.MPD.BC.343 /07.01.279/2010-11 May 3, 2011 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Monetary Policy Statement 2011-12 dated May 3, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 50 basis points from 6.75 per cent to 7.25 per cent with immediate effect.
RBI/2010-11/506 REF.No.MPD.BC.343 /07.01.279/2010-11 May 3, 2011 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Monetary Policy Statement 2011-12 dated May 3, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 50 basis points from 6.75 per cent to 7.25 per cent with immediate effect.
ಮೇ 03, 2011
List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation - UCBs
RBI/2010-11/504 UBD.CO.BPD (PCB) Cir.No.44/14.01.062/2010-11 May 02, 2011 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Sir, List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation – Primary (Urban) Co-operative Banks Please refer to our circular UBD.CO. BPD (PCB).Cir.No.43/14.01.062/2010-11 dated March 31, 2011. We have since received from Government of India (Ministry of Exter
RBI/2010-11/504 UBD.CO.BPD (PCB) Cir.No.44/14.01.062/2010-11 May 02, 2011 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Sir, List of Terrorist Individuals /Organisations under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation – Primary (Urban) Co-operative Banks Please refer to our circular UBD.CO. BPD (PCB).Cir.No.43/14.01.062/2010-11 dated March 31, 2011. We have since received from Government of India (Ministry of Exter
ಮೇ 03, 2011
Monetary Policy Statement 2011-12
By Dr. D. Subbarao Governor Introduction The Annual Policy for 2011-12 is set in conditions significantly different than they were a year ago. Last year’s policy was made in an environment of incipient domestic recovery amidst uncertainty about the state of the global economy, a perception that was reinforced with the precipitation of the Greek sovereign debt crisis a few weeks later. While signs of inflation were visible, they were driven primarily by food. However,
By Dr. D. Subbarao Governor Introduction The Annual Policy for 2011-12 is set in conditions significantly different than they were a year ago. Last year’s policy was made in an environment of incipient domestic recovery amidst uncertainty about the state of the global economy, a perception that was reinforced with the precipitation of the Greek sovereign debt crisis a few weeks later. While signs of inflation were visible, they were driven primarily by food. However,
ಮೇ 03, 2011
Anti-Money Laundering/Combating Financing of Terrorism - Standards - UCBs
RBI/2010-11/502 UBD.CO.BPD (PCB) Cir.No. 8/14.01.062/2010-11 May 2, 2011 The Chief Executive Officer of All AD Category I Primary (Urban) Co-operative Banks Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards – Primary (Urban) Co-operative Banks Please refer to our circular UBD. CO.BPD (PCB).Cir.No.7/14.01.062/2010-11 dated March 17, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdict
RBI/2010-11/502 UBD.CO.BPD (PCB) Cir.No. 8/14.01.062/2010-11 May 2, 2011 The Chief Executive Officer of All AD Category I Primary (Urban) Co-operative Banks Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards – Primary (Urban) Co-operative Banks Please refer to our circular UBD. CO.BPD (PCB).Cir.No.7/14.01.062/2010-11 dated March 17, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdict
ಮೇ 03, 2011
StCBs/DCCBs - Interest Rate on Savings Deposits increased
RBI/2010-11/508 RPCD.CO.RCB.BC.No.65/ 07.38.01/2010-11 May 3, 2011 All State and Central Co-operative Banks Dear Sir, Interest Rates on Deposits Please refer to our directive RPCD.No.DIR.BC.53/D.1-87/88 dated November 2, 1987, as amended from time to time, on the above subject. 2.@@NBSP@@@@NBSP@@It has been decided to increase the interest rate on domestic and ordinary Non-Resident savings deposits as well as savings deposits under Non-Resident (External) Accounts Sch
RBI/2010-11/508 RPCD.CO.RCB.BC.No.65/ 07.38.01/2010-11 May 3, 2011 All State and Central Co-operative Banks Dear Sir, Interest Rates on Deposits Please refer to our directive RPCD.No.DIR.BC.53/D.1-87/88 dated November 2, 1987, as amended from time to time, on the above subject. 2.@@NBSP@@@@NBSP@@It has been decided to increase the interest rate on domestic and ordinary Non-Resident savings deposits as well as savings deposits under Non-Resident (External) Accounts Sch
ಮೇ 03, 2011
RRBs - Interest Rate on Savings Deposits increased
RBI/2010-11/509 RPCD.CO.RRB.BC.No.68/ 03.05.33/2010-11 May 3, 2011 All Regional Rural Banks Dear Sir Interest Rates on Deposits Please refer to the directive DBOD.No. Dir.BC.75/13.03.00/2002-03 dated February 28, 2003, issued to all scheduled commercial banks (including Regional Rural Banks). 2. It has been decided to increase the interest rate on domestic and ordinary Non-Resident savings deposits as well as savings deposits under Non-Resident (External) Accounts Sch
RBI/2010-11/509 RPCD.CO.RRB.BC.No.68/ 03.05.33/2010-11 May 3, 2011 All Regional Rural Banks Dear Sir Interest Rates on Deposits Please refer to the directive DBOD.No. Dir.BC.75/13.03.00/2002-03 dated February 28, 2003, issued to all scheduled commercial banks (including Regional Rural Banks). 2. It has been decided to increase the interest rate on domestic and ordinary Non-Resident savings deposits as well as savings deposits under Non-Resident (External) Accounts Sch
ಮೇ 03, 2011
Interest Rates on Deposits
RBI/2010-11/510 UBD.BPD.(PCB)CIR No.45/13.01.00/2010-11 May 3, 2011 The Chief Executive Officers @@NBSP@@ All Primary (Urban) Co-operative Banks Dear Sir, Interest Rates on Deposits Please refer to our Directive No.UBD.DC.102/V.1-86/87 dated June 25, 1987 on the captioned subject as amended from time to time. 2.@@NBSP@@It has since been decided to increase the interest rate on domestic and ordinary Non-Resident savings deposits as well as savings deposits under Non-Re
RBI/2010-11/510 UBD.BPD.(PCB)CIR No.45/13.01.00/2010-11 May 3, 2011 The Chief Executive Officers @@NBSP@@ All Primary (Urban) Co-operative Banks Dear Sir, Interest Rates on Deposits Please refer to our Directive No.UBD.DC.102/V.1-86/87 dated June 25, 1987 on the captioned subject as amended from time to time. 2.@@NBSP@@It has since been decided to increase the interest rate on domestic and ordinary Non-Resident savings deposits as well as savings deposits under Non-Re
ಮೇ 03, 2011
Bank loans to Micro Finance Institutions (MFIs) - Priority Sector status
RBI/2010-11/505 RPCD.CO.Plan BC. 66/04.09.01/2010-11 May 3, 2011 The Chairman/Managing Director/ Chief Executive Officer (All Scheduled Commercial Banks) Dear Sir/ Madam, Bank loans to Micro Finance Institutions (MFIs) – Priority Sector status We invite a reference to paragraphs 92-93 of the Annual Policy Statement for the year 2011-12. 2. It has been decided to regulate microfinance sector by the Reserve Bank as a separate category. In this connection, we @@NBSP@@adv
RBI/2010-11/505 RPCD.CO.Plan BC. 66/04.09.01/2010-11 May 3, 2011 The Chairman/Managing Director/ Chief Executive Officer (All Scheduled Commercial Banks) Dear Sir/ Madam, Bank loans to Micro Finance Institutions (MFIs) – Priority Sector status We invite a reference to paragraphs 92-93 of the Annual Policy Statement for the year 2011-12. 2. It has been decided to regulate microfinance sector by the Reserve Bank as a separate category. In this connection, we @@NBSP@@adv
ಮೇ 03, 2011
Anti-Money Laundering/Combating Financing of Terrorism - Standards - UCBs
RBI/2010-11/503 UBD.CO.BPD (PCB) Cir.No. 9/14.01.062/2010-11 May 02, 2011 The Chief Executive Officer of All AD Category I Primary (Urban) Co-operative Banks Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards – Primary (Urban) Co-operative Banks Please refer to our circular UBD. CO.BPD (PCB).Cir.No.6/14.01.062/2010-11 dated March 17, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran and Democratic People’s R
RBI/2010-11/503 UBD.CO.BPD (PCB) Cir.No. 9/14.01.062/2010-11 May 02, 2011 The Chief Executive Officer of All AD Category I Primary (Urban) Co-operative Banks Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards – Primary (Urban) Co-operative Banks Please refer to our circular UBD. CO.BPD (PCB).Cir.No.6/14.01.062/2010-11 dated March 17, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran and Democratic People’s R
ಮೇ 02, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/499 DBOD. AML.No.16832/14.06.001/2010-11 May 02, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML.No.15369 /14.06.001/2010-11 dated March 31, 2011. We have since received from Government of India (Ministry of
RBI/2010-11/499 DBOD. AML.No.16832/14.06.001/2010-11 May 02, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 DBOD. AML.No.15369 /14.06.001/2010-11 dated March 31, 2011. We have since received from Government of India (Ministry of
ಮೇ 02, 2011
KYC Norms/Anti- Money Laundering Standards/Combating Financing of Terrorism - NBFCs/RNBCs
RBI/2010-11/495 DNBS(PD).CC. No.216 /03.10.42/2010-11 May 02, 2011 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Know Your Customer (KYC) Norms/ Anti- Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) Financial Action Task Force (FATF) as a part of its ongoing review of compliance with the AML / CFT standards, has identified certain jurisdictions which have strategic AML /CFT deficiencies. 2. FATF, has issued
RBI/2010-11/495 DNBS(PD).CC. No.216 /03.10.42/2010-11 May 02, 2011 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Know Your Customer (KYC) Norms/ Anti- Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) Financial Action Task Force (FATF) as a part of its ongoing review of compliance with the AML / CFT standards, has identified certain jurisdictions which have strategic AML /CFT deficiencies. 2. FATF, has issued
ಮೇ 02, 2011
List of terrorist individuals/organisations - NBFCs/RNBCs
RBI/2010-11/496 DNBS(PD).CC. No. 217 /03.10.42 /2010-11 May 02, 2011 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, List of Terrorist Individuals / Organisations- under UNSCR 1267 (1999)and 1822(2008) on Taliban /AL-Qaida Organisation The Chairman of UN Security Council's 1267 Committee has issued a note on March 10, 2011 regarding changes made in the consolidated List of Individuals and entities linked to Al-Qaida and Taliban (copy en
RBI/2010-11/496 DNBS(PD).CC. No. 217 /03.10.42 /2010-11 May 02, 2011 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, List of Terrorist Individuals / Organisations- under UNSCR 1267 (1999)and 1822(2008) on Taliban /AL-Qaida Organisation The Chairman of UN Security Council's 1267 Committee has issued a note on March 10, 2011 regarding changes made in the consolidated List of Individuals and entities linked to Al-Qaida and Taliban (copy en
ಏಪ್ರಿ 30, 2011
Working Group on Information Security, Electronic Banking, Technology Risk Management and Cyber Frauds- Implementation of recommendations
RBI/2010-11/494 DBS.CO.ITC.BC.No. 6/31.02.008/2010-11 April 29, 2011 The Chairman / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Working Group on Information Security, Electronic Banking, Technology Risk Management and Cyber Frauds- Implementation of recommendations As you are aware, following the announcement in the April 2010 Monetary Policy Statement, the Working Group on Information Security, Electronic Banking, Technology
RBI/2010-11/494 DBS.CO.ITC.BC.No. 6/31.02.008/2010-11 April 29, 2011 The Chairman / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Working Group on Information Security, Electronic Banking, Technology Risk Management and Cyber Frauds- Implementation of recommendations As you are aware, following the announcement in the April 2010 Monetary Policy Statement, the Working Group on Information Security, Electronic Banking, Technology
ಏಪ್ರಿ 27, 2011
StCBs/DCCBs - Anti-Money Laundering/Combating Financing of Terrorism - Standards
RBI/2010-11/490 RPCD.CO.RCB.AML.No.12295/07.02.12/2010-11 April 27, 2011 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, Anti - Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.CO.RCB.AML.No.9886/07.02.12/2010-11 dated March 7, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran and Democratic People's Republic of Korea (DPRK). 2. Financial Action Task Force (FATF) ha
RBI/2010-11/490 RPCD.CO.RCB.AML.No.12295/07.02.12/2010-11 April 27, 2011 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, Anti - Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.CO.RCB.AML.No.9886/07.02.12/2010-11 dated March 7, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran and Democratic People's Republic of Korea (DPRK). 2. Financial Action Task Force (FATF) ha
ಏಪ್ರಿ 27, 2011
StCBs/DCCBs - Anti-Money Laundering/Combating Financing of Terrorism - Standards
RBI/2010-11/489 RPCD.CO.RCB.AML.No.12293/07.02.12/2010-11 April 27, 2011 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.CO.RCB.AML.No.10096/07.02.12/2010-11 dated March 10, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CFT deficiencies. 2. FATF has furt
RBI/2010-11/489 RPCD.CO.RCB.AML.No.12293/07.02.12/2010-11 April 27, 2011 The Chairmen / CEOs of all State / Central Co-operative Banks Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.CO.RCB.AML.No.10096/07.02.12/2010-11 dated March 10, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CFT deficiencies. 2. FATF has furt
ಏಪ್ರಿ 27, 2011
Implementation of the Advanced Measurement Approach (AMA) for Calculation of Capital Charge for Operational Risk
RBI/2010-11/488 DBOD.No.BP.BC. 88 /21.06.014/2010-11 April 27, 2011 The Chairman and Managing Directors / Chief Executive Officers of All Commercial Banks (Excluding Regional Rural Banks and Local Area Banks) Dear Sir, Implementation of the Advanced Measurement Approach (AMA) for Calculation of Capital Charge for Operational Risk Please refer to our circular DBOD.No.BP.BC.23/21.06.001/2009-10 dated July 7, 2009, inter alia advising banks that they can apply for migrat
RBI/2010-11/488 DBOD.No.BP.BC. 88 /21.06.014/2010-11 April 27, 2011 The Chairman and Managing Directors / Chief Executive Officers of All Commercial Banks (Excluding Regional Rural Banks and Local Area Banks) Dear Sir, Implementation of the Advanced Measurement Approach (AMA) for Calculation of Capital Charge for Operational Risk Please refer to our circular DBOD.No.BP.BC.23/21.06.001/2009-10 dated July 7, 2009, inter alia advising banks that they can apply for migrat
ಏಪ್ರಿ 26, 2011
StCBs/DCCBs - Opening of Small Account
RBI/2010-11/487 RPCD.CO.RCB.AML.BC. No.63/07.40.00/2010-11 April 26, 2011 The Chairmen / CEOs of All State and Central Co-operative Banks Dear Sir, Opening of "Small Account" Please find enclosed a copy of the Government of India, Notification No. 14/2010/F.No.6/2/2007-E.S. dated December 16, 2010, amending the Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing
RBI/2010-11/487 RPCD.CO.RCB.AML.BC. No.63/07.40.00/2010-11 April 26, 2011 The Chairmen / CEOs of All State and Central Co-operative Banks Dear Sir, Opening of "Small Account" Please find enclosed a copy of the Government of India, Notification No. 14/2010/F.No.6/2/2007-E.S. dated December 16, 2010, amending the Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing
ಏಪ್ರಿ 26, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822 (2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/486 RPCD.CO.RCB.AML.No.12267/07.02.12/2010-11 April 26, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.12146/07.02.12/2010-11/07.02.12/2010-11 dated April 21, 2011. We have since received from Government of India (Ministry of External Affairs) copy of the
RBI/2010-11/486 RPCD.CO.RCB.AML.No.12267/07.02.12/2010-11 April 26, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.12146/07.02.12/2010-11/07.02.12/2010-11 dated April 21, 2011. We have since received from Government of India (Ministry of External Affairs) copy of the
ಏಪ್ರಿ 22, 2011
Provisioning Coverage Ratio for Advances
RBI/2010-11/485 DBOD.No.BP.BC. 87/21.04.048/2010-11 April 21, 2011 The Chairman and Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Provisioning Coverage Ratio (PCR) for Advances Please refer to the circular DBOD.No.BP.BC.64/21.04.048/2009-10 dated December 1, 2009, in terms of which a Provisioning Coverage Ratio (PCR) of 70 percent of gross NPAs was prescribed, as a macro-prudential measure, with a view to au
RBI/2010-11/485 DBOD.No.BP.BC. 87/21.04.048/2010-11 April 21, 2011 The Chairman and Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Provisioning Coverage Ratio (PCR) for Advances Please refer to the circular DBOD.No.BP.BC.64/21.04.048/2009-10 dated December 1, 2009, in terms of which a Provisioning Coverage Ratio (PCR) of 70 percent of gross NPAs was prescribed, as a macro-prudential measure, with a view to au
ಏಪ್ರಿ 21, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/483 RPCD.CO.RCB.AML.No.12146/07.02.12/2010-11 April 21, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.12042/07.02.12/2010-11 dated April 20, 2011.We have since received from Government of India (Ministry of External Affairs) copy of note dated March 10, 2
RBI/2010-11/483 RPCD.CO.RCB.AML.No.12146/07.02.12/2010-11 April 21, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.12042/07.02.12/2010-11 dated April 20, 2011.We have since received from Government of India (Ministry of External Affairs) copy of note dated March 10, 2
ಏಪ್ರಿ 21, 2011
Setting up of Central Electronic Registry under the SARFESAI Act, 2002
RBI /2010-11/484 DBOD.Leg. No.BC.@@NBSP@@86/09.08.011 /2010-11 April 21, 2011 All Scheduled Commercial Banks/Financial Institutions (Excluding RRBs) Dear Sir, Setting up of Central Electronic Registry under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 Pursuant to the announcement made by the Finance Minister in the budget speech for 2011-12, Government of India, Ministry of Finance notified the establishment o
RBI /2010-11/484 DBOD.Leg. No.BC.@@NBSP@@86/09.08.011 /2010-11 April 21, 2011 All Scheduled Commercial Banks/Financial Institutions (Excluding RRBs) Dear Sir, Setting up of Central Electronic Registry under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 Pursuant to the announcement made by the Finance Minister in the budget speech for 2011-12, Government of India, Ministry of Finance notified the establishment o
ಏಪ್ರಿ 21, 2011
Scheme of 1% interest subvention on housing loans upto Rs. 10 lakh - Guidelines
RBI/2010-11/481 RPCD.SME & NFS. BC. No. 62/06.11.01/2010-11 April 21, 2011 The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir Scheme of 1% interest subvention on housing loans upto Rs. 10 lakh - Guidelines Please refer to our circulars RPCD.SME & NFS.BC.No.16/06.11.01/2010-11 dated August 9, 2010 and RPCD.SME & NFS.BC.No.52/06.11.01/2010-11 dated February 8, 2011 on the captioned
RBI/2010-11/481 RPCD.SME & NFS. BC. No. 62/06.11.01/2010-11 April 21, 2011 The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir Scheme of 1% interest subvention on housing loans upto Rs. 10 lakh - Guidelines Please refer to our circulars RPCD.SME & NFS.BC.No.16/06.11.01/2010-11 dated August 9, 2010 and RPCD.SME & NFS.BC.No.52/06.11.01/2010-11 dated February 8, 2011 on the captioned
ಏಪ್ರಿ 20, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/ 480 RPCD.CO.RCB.AML.No.12042/07.02.12/2010-11 April 20, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.11756/07.02.12/2010-11 dated April 15, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated February
RBI/2010-11/ 480 RPCD.CO.RCB.AML.No.12042/07.02.12/2010-11 April 20, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.11756/07.02.12/2010-11 dated April 15, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated February
ಏಪ್ರಿ 18, 2011
Liquidation of Post-Shipment Rupee Export Credit
RBI/2010-11/477 DBOD.Dir.BC.No. 85 /04.02.001/2010-11 April 18, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Liquidation of Post-Shipment Rupee Export Credit Please refer to paragraph 2.3 of our Master Circular on Rupee / Foreign Currency Export Credit and Customer Service to Exporters DBOD.No.Dir.(Exp). BC.06/ 04.02.002 / 2010-11 dated July 01, 2010 wherein banks were advised that Post-shipment credit is to be liquidated by the proceeds of ex
RBI/2010-11/477 DBOD.Dir.BC.No. 85 /04.02.001/2010-11 April 18, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Liquidation of Post-Shipment Rupee Export Credit Please refer to paragraph 2.3 of our Master Circular on Rupee / Foreign Currency Export Credit and Customer Service to Exporters DBOD.No.Dir.(Exp). BC.06/ 04.02.002 / 2010-11 dated July 01, 2010 wherein banks were advised that Post-shipment credit is to be liquidated by the proceeds of ex
ಏಪ್ರಿ 15, 2011
Submission of system audit reports
RBI/2010-11/476 DPSS.CO.OSD. No. 2374/06.11.001/2010-2011 April 15, 2011 To all Authorised Payment System Operators & Entities Dear Sir, Submission of system audit reports Please refer to our earlier circulars DPSS.AD.No./1206/02.27.005/2009-2010 dated December 7, 2009 and DPSS.1444/ 06.11.001/ 2010-2011 dated December 27, 2010 on the captioned subject. In partial modification of the instructions contained therein, it is advised that the system audit may be conduc
RBI/2010-11/476 DPSS.CO.OSD. No. 2374/06.11.001/2010-2011 April 15, 2011 To all Authorised Payment System Operators & Entities Dear Sir, Submission of system audit reports Please refer to our earlier circulars DPSS.AD.No./1206/02.27.005/2009-2010 dated December 7, 2009 and DPSS.1444/ 06.11.001/ 2010-2011 dated December 27, 2010 on the captioned subject. In partial modification of the instructions contained therein, it is advised that the system audit may be conduc
ಏಪ್ರಿ 15, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/ 475 RPCD.CO.RCB.AML.No.11756/07.02.12/2010-11 April 15, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.11397/07.02.12/2010-11 dated April 5, 2011. We have since received from Government of India (Ministry of External Affairs) copy of the note dated Januar
RBI/2010-11/ 475 RPCD.CO.RCB.AML.No.11756/07.02.12/2010-11 April 15, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks 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.RCB.AML.No.11397/07.02.12/2010-11 dated April 5, 2011. We have since received from Government of India (Ministry of External Affairs) copy of the note dated Januar
ಏಪ್ರಿ 11, 2011
Compounding of interest on Agriculture Loans
RBI/2010-11/474 RPCD.CO.RRB.BC No. 59/03.05.72/2010-11 April 11, 2011 The Chairman All Regional Rural Banks The Chairman & Managing Director All Sponsor Banks Dear Sir, Compounding of interest on Agriculture Loans Please refer to the instructions contained at para. 5. in RBI Master circular RPCD. CO. Plan. BC. No. 10/04.09.01/2010-11 dated July 1, 2010 on Lending to Priority Sector, addressed to Scheduled Commercial Banks, together with the instructions contained
RBI/2010-11/474 RPCD.CO.RRB.BC No. 59/03.05.72/2010-11 April 11, 2011 The Chairman All Regional Rural Banks The Chairman & Managing Director All Sponsor Banks Dear Sir, Compounding of interest on Agriculture Loans Please refer to the instructions contained at para. 5. in RBI Master circular RPCD. CO. Plan. BC. No. 10/04.09.01/2010-11 dated July 1, 2010 on Lending to Priority Sector, addressed to Scheduled Commercial Banks, together with the instructions contained
ಏಪ್ರಿ 11, 2011
Investment in SLR Securities by Regional Rural Banks (RRBs)
RBI/2010-11/473 RPCD.CO.RRB.BC.No.59 /03.05.34 /2010-11 @@NBSP@@April 11, 2011 The Chairman All Regional Rural Banks/Sponsor Banks Dear Sir, Investment in SLR Securities by Regional Rural Banks (RRBs) Please refer to our circular RPCD.RRB.BC.No.68/03.05.34/2008-09 dated April 9, 2010 on the captioned subject. 2. On a review of the issue it has been decided that the exemption granted to RRBs up to financial year 2009-10 from ‘mark to market’ norms in respect of their i
RBI/2010-11/473 RPCD.CO.RRB.BC.No.59 /03.05.34 /2010-11 @@NBSP@@April 11, 2011 The Chairman All Regional Rural Banks/Sponsor Banks Dear Sir, Investment in SLR Securities by Regional Rural Banks (RRBs) Please refer to our circular RPCD.RRB.BC.No.68/03.05.34/2008-09 dated April 9, 2010 on the captioned subject. 2. On a review of the issue it has been decided that the exemption granted to RRBs up to financial year 2009-10 from ‘mark to market’ norms in respect of their i
ಏಪ್ರಿ 08, 2011
Shortfall in Maintenance of SLR - Additional Liquidity Support under LAF
RBI/2010-11/467 Ref. DBOD.No.Ret.BC. 84 /12.02.001/2010-11 April 08, 2011 All Scheduled Commercial Banks Dear Sir, Section 24 of Banking Regulation Act, 1949 - Shortfall in Maintenance of Statutory Liquidity Ratio (SLR) – Additional Liquidity Support under Liquidity Adjustment Facility (LAF) Please refer to our circular DBOD. No. Ret. BC.76/12.02.001/2010-11 dated January 25, 2011 wherein it was advised that Scheduled Commercial Banks (SCBs) may avail of additional li
RBI/2010-11/467 Ref. DBOD.No.Ret.BC. 84 /12.02.001/2010-11 April 08, 2011 All Scheduled Commercial Banks Dear Sir, Section 24 of Banking Regulation Act, 1949 - Shortfall in Maintenance of Statutory Liquidity Ratio (SLR) – Additional Liquidity Support under Liquidity Adjustment Facility (LAF) Please refer to our circular DBOD. No. Ret. BC.76/12.02.001/2010-11 dated January 25, 2011 wherein it was advised that Scheduled Commercial Banks (SCBs) may avail of additional li
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ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಆಗಸ್ಟ್ 08, 2024
