Notifications - Regulating Commercial Banking - ಆರ್ಬಿಐ - Reserve Bank of India
notifications
ಏಪ್ರಿ 08, 2011
List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation - RRBs
RBI/2010-11/466 RPCD.CO RRB.AML.No.11546 /03.05.28(A)/2010-11 April 08, 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.10630 /03.05.28(A)/2010-11 dated March 21, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated March 24, 2011 fo
RBI/2010-11/466 RPCD.CO RRB.AML.No.11546 /03.05.28(A)/2010-11 April 08, 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.10630 /03.05.28(A)/2010-11 dated March 21, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated March 24, 2011 fo
ಪಿಡಿಎಫ್ (
ಏಪ್ರಿ 05, 2011
Acquisition of credit card/debit card transactions in India by overseas banks - payments for airline tickets
RBI/2010-11/460 A.P. (DIR Series) Circular No. 48 April 05, 2011 To All Category - I Authorised Dealer Banks Acquisition of credit card/debit card transactions in India by overseas banks - payments for airline tickets Attention of the Authorised Dealers Category-I (AD Category-I) banks is invited to Regulation 6 of the Foreign Exchange Management (Foreign currency accounts by a person resident in India) Regulations, 2000, notified vide Notification No. FEMA 10/2000-RB
RBI/2010-11/460 A.P. (DIR Series) Circular No. 48 April 05, 2011 To All Category - I Authorised Dealer Banks Acquisition of credit card/debit card transactions in India by overseas banks - payments for airline tickets Attention of the Authorised Dealers Category-I (AD Category-I) banks is invited to Regulation 6 of the Foreign Exchange Management (Foreign currency accounts by a person resident in India) Regulations, 2000, notified vide Notification No. FEMA 10/2000-RB
ಏಪ್ರಿ 05, 2011
List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/463 RPCD.CO.RCB.AML.No.11397/07.02.12/2010-11 April 5, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organizations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organization Please refer to our circular letter RPCD.CO.RCB.AML.No. 7251/07.02.12/2010-11 dated January 04, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated January 1
RBI/2010-11/463 RPCD.CO.RCB.AML.No.11397/07.02.12/2010-11 April 5, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organizations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organization Please refer to our circular letter RPCD.CO.RCB.AML.No. 7251/07.02.12/2010-11 dated January 04, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated January 1
ಏಪ್ರಿ 01, 2011
Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) - Standards
RBI/2010-11/459 RPCD.CO.RRB.AML.No. 11332/03.05.28 (A)/2010-11 April 01, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) - Standards Please refer to our letter RPCD.CO.RRB.AML.No.7861 /03.05.28 (A)/2010-11 dated January 17, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CFT deficiencies. 2. FATF, has further is
RBI/2010-11/459 RPCD.CO.RRB.AML.No. 11332/03.05.28 (A)/2010-11 April 01, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) - Standards Please refer to our letter RPCD.CO.RRB.AML.No.7861 /03.05.28 (A)/2010-11 dated January 17, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CFT deficiencies. 2. FATF, has further is
ಏಪ್ರಿ 01, 2011
Coins of 25 Paise and below - Withdrawal from Circulation
RBI/2010-11/458 UBD.CO.BPD(PCB) Cir.No.42 /09.73.000/2010-11 March 29, 2011 The Chief Executive Officers, All Primary Urban Co-operative Banks Madam/ Dear Sir, Coins of 25 Paise and below – Withdrawal from Circulation Please refer to our circular UBD.BPD(PCB) Cir.No. 39/09.73.000/2010-11 dated March 15, 2011 on the captioned subject. 2.In partial modification of the above circular, we advise that the coins of 25 Paise and below will be exchanged at the branches of the
RBI/2010-11/458 UBD.CO.BPD(PCB) Cir.No.42 /09.73.000/2010-11 March 29, 2011 The Chief Executive Officers, All Primary Urban Co-operative Banks Madam/ Dear Sir, Coins of 25 Paise and below – Withdrawal from Circulation Please refer to our circular UBD.BPD(PCB) Cir.No. 39/09.73.000/2010-11 dated March 15, 2011 on the captioned subject. 2.In partial modification of the above circular, we advise that the coins of 25 Paise and below will be exchanged at the branches of the
ಮಾರ್ಚ್ 31, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/455 DBOD. AML.No.15369 /14.06.001/2010-11 March 31, 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.14203 /14.06.001/2010-11 dated March 11, 2011. We have since received from Government of India (Ministry
RBI/2010-11/455 DBOD. AML.No.15369 /14.06.001/2010-11 March 31, 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.14203 /14.06.001/2010-11 dated March 11, 2011. We have since received from Government of India (Ministry
ಮಾರ್ಚ್ 30, 2011
The Banking Companies (Nomination) Rules, 1985 - Clarifications
RBI/2010-11/454 DBOD.No. Leg. BC. 83/09.07.005/2010-11 March 30, 2011 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, The Banking Companies (Nomination) Rules, 1985- Clarifications 1. Witness in nomination forms As you are aware, the Banking Companies (Nomination) Rules, 1985 have been framed in exercise of powers conferred by Section 52 read with Sections 45ZA, 45ZC and 45ZE of the Banking Regulation Act, 1949. The nomination forms (DA1, DA2 and DA3) have a
RBI/2010-11/454 DBOD.No. Leg. BC. 83/09.07.005/2010-11 March 30, 2011 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, The Banking Companies (Nomination) Rules, 1985- Clarifications 1. Witness in nomination forms As you are aware, the Banking Companies (Nomination) Rules, 1985 have been framed in exercise of powers conferred by Section 52 read with Sections 45ZA, 45ZC and 45ZE of the Banking Regulation Act, 1949. The nomination forms (DA1, DA2 and DA3) have a
ಮಾರ್ಚ್ 29, 2011
Section 23 of Banking Regulation Act, 1949- Relaxations in Branch Licensing Policy
RBI/2010-11/451 RPCD.CO.RRB.BC No. 56/ 03.05.90-A/2010-11 March 29, 2011 The Chairmen All Regional Rural Banks Dear Sir, Section 23 of Banking Regulation Act, 1949- Relaxations in Branch Licensing Policy Please refer to our circular RPCD.CO.RRB.BC No. 28/ 03.05.90-A/2010-11 dated November 18, 2010 on the captioned subject. .2. In this connection, we further advise that the RRBs eligible to open branches in Tier 3 to Tier 6 centres may do so without prior approval of R
RBI/2010-11/451 RPCD.CO.RRB.BC No. 56/ 03.05.90-A/2010-11 March 29, 2011 The Chairmen All Regional Rural Banks Dear Sir, Section 23 of Banking Regulation Act, 1949- Relaxations in Branch Licensing Policy Please refer to our circular RPCD.CO.RRB.BC No. 28/ 03.05.90-A/2010-11 dated November 18, 2010 on the captioned subject. .2. In this connection, we further advise that the RRBs eligible to open branches in Tier 3 to Tier 6 centres may do so without prior approval of R
ಮಾರ್ಚ್ 29, 2011
RRBs - Anti-Money Laundering /Combating Financing of Terrorism - Standards
RBI/2010-11/450 RPCD.CO.RRB.AML.No. 11078 /03.05.28 (A)/2010-11 March 29, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) - Standards Please refer to our circular RPCD.CO.RRB.AML.No.7857 /03.05.28 (A)/2010-11 dated January 17, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People's Republic of Korea (DPRK). 2. Financial Action Task Force (FATF) has issue
RBI/2010-11/450 RPCD.CO.RRB.AML.No. 11078 /03.05.28 (A)/2010-11 March 29, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) - Standards Please refer to our circular RPCD.CO.RRB.AML.No.7857 /03.05.28 (A)/2010-11 dated January 17, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People's Republic of Korea (DPRK). 2. Financial Action Task Force (FATF) has issue
ಮಾರ್ಚ್ 29, 2011
Meeting of Committee on Investor Education and Protection Fund -Minutes of the Meeting
RBI/2010-11/448 RPCD.CO.RCB.BC.No.57/07.02.03/2010-11 March 29, 2011 The Chairman All State Co-operative Banks/ District Central Co-operative Banks Dear Sir, Meeting of Committee on Investor Education and Protection Fund- Ministry of Corporate Affairs-Minutes of the Meeting We advise that in a meeting of 'Committee on Investors Education and Protection Fund' held by the Government of India, Ministry of Corporate Affairs, New Delhi, it has, inter-alia, been decided tha
RBI/2010-11/448 RPCD.CO.RCB.BC.No.57/07.02.03/2010-11 March 29, 2011 The Chairman All State Co-operative Banks/ District Central Co-operative Banks Dear Sir, Meeting of Committee on Investor Education and Protection Fund- Ministry of Corporate Affairs-Minutes of the Meeting We advise that in a meeting of 'Committee on Investors Education and Protection Fund' held by the Government of India, Ministry of Corporate Affairs, New Delhi, it has, inter-alia, been decided tha
ಮಾರ್ಚ್ 29, 2011
Security Issues and Risk mitigation measures - Online alerts to the cardholder for usage of credit/debit cards
RBI/2010-11/449 DPSS. CO. PD@@NBSP@@ 2224/02.14.003/2010-2011 March 29, 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, Security Issues and Risk mitigation measures- Online alerts to the cardholder for usage of credit/debit cards. Attention of banks is invited to our circular RBI/2008-2009/387-RBI/DPSS.
RBI/2010-11/449 DPSS. CO. PD@@NBSP@@ 2224/02.14.003/2010-2011 March 29, 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, Security Issues and Risk mitigation measures- Online alerts to the cardholder for usage of credit/debit cards. Attention of banks is invited to our circular RBI/2008-2009/387-RBI/DPSS.
ಮಾರ್ಚ್ 24, 2011
Special Clearing on March 30th and 31st, 2011
RBI/2010-11/445 DPSS.CO.CHD.No. 2191/ 03.01.03 / 2010-2011 March 24, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / UCBs / State Co-operative Banks / District Central Co-operative Banks Madam / Dear sir, Special Clearing on March 30th and 31st, 2011 With a view to facilitating accounting of all the Government transactions of the current financial year (2010-11) by March 31, 2011, the National Clearing
RBI/2010-11/445 DPSS.CO.CHD.No. 2191/ 03.01.03 / 2010-2011 March 24, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / UCBs / State Co-operative Banks / District Central Co-operative Banks Madam / Dear sir, Special Clearing on March 30th and 31st, 2011 With a view to facilitating accounting of all the Government transactions of the current financial year (2010-11) by March 31, 2011, the National Clearing
ಮಾರ್ಚ್ 24, 2011
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2010-11/446 DBOD. AML.No. 15007/14.01.001/2010-11 March 24, 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.10854 /14.01.038/ 2010-11 dated January 11, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran and @@NBSP@@Democratic People's Repu
RBI/2010-11/446 DBOD. AML.No. 15007/14.01.001/2010-11 March 24, 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.10854 /14.01.038/ 2010-11 dated January 11, 2011 on risks arising from the deficiencies in AML/CFT regime of Iran and @@NBSP@@Democratic People's Repu
ಮಾರ್ಚ್ 24, 2011
Anti- Money Laundering (AML) / Combating of Financing of Terrorism (CFT)- Standards
RBI/2010-11/447 DBOD. AML.No.15008 /14.01.001/2010-11 @@NBSP@@March 24, 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.10858 /14.01.038/2010-11 dated January 11, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying @@NBSP@@@@NBSP@@a l
RBI/2010-11/447 DBOD. AML.No.15008 /14.01.001/2010-11 @@NBSP@@March 24, 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.10858 /14.01.038/2010-11 dated January 11, 2011 forwarding the Financial Action Task Force (FATF) Statement identifying @@NBSP@@@@NBSP@@a l
ಮಾರ್ಚ್ 23, 2011
Issuance and Operation of pre-paid payment instruments in India- Clarification
RBI/2010-2011/444 DPSS No. 2174/02.14.004/2010-2011 March 23,@@NBSP@@ 2011 To All System Providers, System Participants and any prospective prepaid payment instrument Issuer. Madam/Dear Sir Issuance and Operation of pre-paid payment instruments in India- Clarification We invite your attention to the directions issued by RBI vide RBI/2010-11/389 DBOD.AML.No. 77/14.01.001/2010-11 dated January 27, 2011 on the basis of a notification issued by the Government of India, @@
RBI/2010-2011/444 DPSS No. 2174/02.14.004/2010-2011 March 23,@@NBSP@@ 2011 To All System Providers, System Participants and any prospective prepaid payment instrument Issuer. Madam/Dear Sir Issuance and Operation of pre-paid payment instruments in India- Clarification We invite your attention to the directions issued by RBI vide RBI/2010-11/389 DBOD.AML.No. 77/14.01.001/2010-11 dated January 27, 2011 on the basis of a notification issued by the Government of India, @@
ಮಾರ್ಚ್ 22, 2011
Reconciliation of transactions at ATMs failure - Time limit
RBI/2010-11/440 DPSS.CO. OSD No. 2161/06.07.002/2010-2011 March 22, 2011 To, All Scheduled Commercial and Urban Co-operative Banks Dear Sir, Reconciliation of@@NBSP@@ transactions at ATMs failure – Time limit Please refer to our circular DPSS/No.101/02.10.02/2009-2010 dated July 17, 2009 on the captioned subject, wherein banks were advised to submit the quarterly review of ATM transactions. 2. In continuation of the above circular banks are advised to submit the quart
RBI/2010-11/440 DPSS.CO. OSD No. 2161/06.07.002/2010-2011 March 22, 2011 To, All Scheduled Commercial and Urban Co-operative Banks Dear Sir, Reconciliation of@@NBSP@@ transactions at ATMs failure – Time limit Please refer to our circular DPSS/No.101/02.10.02/2009-2010 dated July 17, 2009 on the captioned subject, wherein banks were advised to submit the quarterly review of ATM transactions. 2. In continuation of the above circular banks are advised to submit the quart
ಮಾರ್ಚ್ 22, 2011
Reconciliation of transactions at ATMs failure - Time limit Complaints resolution with banks
RBI/2010-11/441 DPSS.CO. OSD No. 2162/06.07.002/2010-2011 March 22, 2011 To, All authorized ATM Network Operators Dear Sir, Reconciliation of transactions at ATMs failure – Time limit Complaints resolution with banks All authorized ATM Networks provider/operator are advised to submit the quarterly data pertaining to resolution of complaints between ATM network operator and banks in the following excel format. The quarterly data should reach us within a month on comple
RBI/2010-11/441 DPSS.CO. OSD No. 2162/06.07.002/2010-2011 March 22, 2011 To, All authorized ATM Network Operators Dear Sir, Reconciliation of transactions at ATMs failure – Time limit Complaints resolution with banks All authorized ATM Networks provider/operator are advised to submit the quarterly data pertaining to resolution of complaints between ATM network operator and banks in the following excel format. The quarterly data should reach us within a month on comple
ಮಾರ್ಚ್ 21, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/439 RPCD.CORRB.AML.No. 10630/03.05.28(A)/2010-11 March 21, 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.9868 /03.05.28(A)/2010-11 dated March 07, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated March 10, 2011 forw
RBI/2010-11/439 RPCD.CORRB.AML.No. 10630/03.05.28(A)/2010-11 March 21, 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.9868 /03.05.28(A)/2010-11 dated March 07, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated March 10, 2011 forw
ಮಾರ್ಚ್ 18, 2011
FIMMDA accredited brokers for transactions in OTC Interest Rate Derivatives Market
RBI/2010-11/438 IDMD.PDRD.No. 3961/03.64.00/2010-11 March 18, 2011 All Standalone Primary Dealers Dear Sir, FIMMDA accredited brokers for transactions in OTC Interest Rate Derivatives Market Please refer to para 8.1 of the circular RBI/2010-11/81 IDMD.PDRD.01/03.64.00/2010-11 dated July 1, 2010 on Operational Guidelines to Primary Dealers, whereby the Primary Dealers (PDs) are allowed to undertake securities or derivatives transactions among themselves or with clients
RBI/2010-11/438 IDMD.PDRD.No. 3961/03.64.00/2010-11 March 18, 2011 All Standalone Primary Dealers Dear Sir, FIMMDA accredited brokers for transactions in OTC Interest Rate Derivatives Market Please refer to para 8.1 of the circular RBI/2010-11/81 IDMD.PDRD.01/03.64.00/2010-11 dated July 1, 2010 on Operational Guidelines to Primary Dealers, whereby the Primary Dealers (PDs) are allowed to undertake securities or derivatives transactions among themselves or with clients
ಮಾರ್ಚ್ 17, 2011
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2010-2011/431 FMD.MOAG. No.57/01.01.01/2010-11 March 17, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Mid-Quarter Monetary Policy Review, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 per cent to 6.75 per cent and the reverse repo rate by 25 basis points from 5.50 per
RBI/2010-2011/431 FMD.MOAG. No.57/01.01.01/2010-11 March 17, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Mid-Quarter Monetary Policy Review, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 per cent to 6.75 per cent and the reverse repo rate by 25 basis points from 5.50 per
ಮಾರ್ಚ್ 17, 2011
Standing Liquidity Facilities for Banks and Primary Dealers
RBI/2010-11/436 REF.No.MPD.BC.341 /07.01.279/2010-11 March 17, 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 dated March 17, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 6.50 per cent to 6.75 per cent with immediate e
RBI/2010-11/436 REF.No.MPD.BC.341 /07.01.279/2010-11 March 17, 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 dated March 17, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 6.50 per cent to 6.75 per cent with immediate e
ಮಾರ್ಚ್ 17, 2011
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2010-11/435 UBD.CO.BPD (PCB) Cir.No. 7/14.01.062/2010-11 March 17, 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 Please refer to our circular UBD (PCB) CO.BPD.Cir.No.17/14.01.062/2010-11 dated October 25, 2010 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CF
RBI/2010-11/435 UBD.CO.BPD (PCB) Cir.No. 7/14.01.062/2010-11 March 17, 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 Please refer to our circular UBD (PCB) CO.BPD.Cir.No.17/14.01.062/2010-11 dated October 25, 2010 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CF
ಮಾರ್ಚ್ 17, 2011
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2010-11/434 UBD.CO.BPD (PCB) Cir.No. 6 /14.01.062/2010-11 March 17, 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 Please refer to our circular UBD (PCB) CO.BPD.Cir. No.7/14.01.062/2010-11 dated August 12, 2010 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People’s Republic of Korea (DPRK), Sao Tome an
RBI/2010-11/434 UBD.CO.BPD (PCB) Cir.No. 6 /14.01.062/2010-11 March 17, 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 Please refer to our circular UBD (PCB) CO.BPD.Cir. No.7/14.01.062/2010-11 dated August 12, 2010 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People’s Republic of Korea (DPRK), Sao Tome an
ಮಾರ್ಚ್ 17, 2011
Exchange Traded Interest Rate Futures (IRFs) - UCBs
RBI/2010-11/433 UBD.BPD. (PCB).Cir.No. 40/13.01.000/2010-11 March 17, 2011 Chief Executive Officers of All Primary (Urban) Cooperative Banks Dear Sir / Madam, Exchange Traded Interest Rate Futures (IRFs) – UCBs Please refer to circular No. UBD (PCB) BPD. Cir No.17/13.01.000/2009-10 dated October 28, 2009 and UBD (PCB) BPD. Cir No.37/13.01.000/2009-10 dated December 21, 2009 on the captioned subject. 2. It has been decided to introduce Interest Rate Futures on 91-Day T
RBI/2010-11/433 UBD.BPD. (PCB).Cir.No. 40/13.01.000/2010-11 March 17, 2011 Chief Executive Officers of All Primary (Urban) Cooperative Banks Dear Sir / Madam, Exchange Traded Interest Rate Futures (IRFs) – UCBs Please refer to circular No. UBD (PCB) BPD. Cir No.17/13.01.000/2009-10 dated October 28, 2009 and UBD (PCB) BPD. Cir No.37/13.01.000/2009-10 dated December 21, 2009 on the captioned subject. 2. It has been decided to introduce Interest Rate Futures on 91-Day T
ಮಾರ್ಚ್ 16, 2011
Accreditation of brokers in OTC Interest Rate Derivatives Market
RBI/2010-11/429 DBOD.No.BP.BC.82/21.04.157/2010-11 March 16, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs) & All India Term-Lending & Refinancing Institutions Dear Sir, Accreditation of brokers in OTC Interest Rate Derivatives Market Please refer to the circular DBOD.No.BP.BC.86/21.04.157/2006-07 dated April 20, 2007 on Comprehensive Guidelines on Derivatives, whereby banks, prima
RBI/2010-11/429 DBOD.No.BP.BC.82/21.04.157/2010-11 March 16, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs) & All India Term-Lending & Refinancing Institutions Dear Sir, Accreditation of brokers in OTC Interest Rate Derivatives Market Please refer to the circular DBOD.No.BP.BC.86/21.04.157/2006-07 dated April 20, 2007 on Comprehensive Guidelines on Derivatives, whereby banks, prima
ಮಾರ್ಚ್ 16, 2011
Coins of 25 Paise and Below - Withdrawal from Circulation
RBI/2010-11/428 UBD.BPD. (PCB). Cir.No. 39 /09.73.000/2010-11 March 15, 2011 The Chief Executive Officers, All Primary (Urban) Co-operative Banks. Madam / Dear Sir, Coins of 25 Paise and Below - Withdrawal from Circulation Please refer to the Govt. of India Gazette Notification S.O 2978(E) dated December 20, 2010 and the Reserve Bank Press Release dated February 1, 2011 on the above subject (copies enclosed). 2. The Government of India has decided to withdraw coins of
RBI/2010-11/428 UBD.BPD. (PCB). Cir.No. 39 /09.73.000/2010-11 March 15, 2011 The Chief Executive Officers, All Primary (Urban) Co-operative Banks. Madam / Dear Sir, Coins of 25 Paise and Below - Withdrawal from Circulation Please refer to the Govt. of India Gazette Notification S.O 2978(E) dated December 20, 2010 and the Reserve Bank Press Release dated February 1, 2011 on the above subject (copies enclosed). 2. The Government of India has decided to withdraw coins of
ಮಾರ್ಚ್ 16, 2011
Data on Priority Sector Advances - Agricultural Lending
RBI/2010-11/430 RPCD.CO.Plan.BC. 55 /04.09.01/2010-11 March 16, 2011 The Chairman/Managing Director/ Chief Executive Officer (All Domestic Scheduled Commercial Banks) Dear Sir/ Madam, Data on Priority Sector Advances - Agricultural Lending Please refer to our circular RPCD.Plan.BC.62/04.09.41/2003-04 dated January 15, 2004, advising you to furnish data on priority sector lending on a quarterly basis in the prescribed format. 2. It has been decided to discontinue the s
RBI/2010-11/430 RPCD.CO.Plan.BC. 55 /04.09.01/2010-11 March 16, 2011 The Chairman/Managing Director/ Chief Executive Officer (All Domestic Scheduled Commercial Banks) Dear Sir/ Madam, Data on Priority Sector Advances - Agricultural Lending Please refer to our circular RPCD.Plan.BC.62/04.09.41/2003-04 dated January 15, 2004, advising you to furnish data on priority sector lending on a quarterly basis in the prescribed format. 2. It has been decided to discontinue the s
ಮಾರ್ಚ್ 15, 2011
Formation of new district in Uttar Pradesh - Assignment of Lead Bank Responsibility
RBI/2010-11/424 RPCD. CO. LBS.BC. No. 54/02.08.01/2010-11 March 15, 2011 The Chairman/CMD All Lead Banks Dear Sir, Formation of new district in Uttar Pradesh – Assignment of Lead Bank Responsibility The Revenue Department, Government of Uttar Pradesh vide their Gazette Notification No. 1858/1-5-2010-181-2002T.C.-Rev.-5 Lucknow dated July 01, 2010 has advised about the constitution of a new district viz. Chhatrapati Shahuji Maharaj Nagar with effect from July 01, 2010.
RBI/2010-11/424 RPCD. CO. LBS.BC. No. 54/02.08.01/2010-11 March 15, 2011 The Chairman/CMD All Lead Banks Dear Sir, Formation of new district in Uttar Pradesh – Assignment of Lead Bank Responsibility The Revenue Department, Government of Uttar Pradesh vide their Gazette Notification No. 1858/1-5-2010-181-2002T.C.-Rev.-5 Lucknow dated July 01, 2010 has advised about the constitution of a new district viz. Chhatrapati Shahuji Maharaj Nagar with effect from July 01, 2010.
ಮಾರ್ಚ್ 11, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/422 DBOD. AML.No.14203 /14.06.001/2010-11 March 11, 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. 12705 /14.06.001/2010-11 dated February 11, 2011. We have since received from Government of India (Mini
RBI/2010-11/422 DBOD. AML.No.14203 /14.06.001/2010-11 March 11, 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. 12705 /14.06.001/2010-11 dated February 11, 2011. We have since received from Government of India (Mini
ಮಾರ್ಚ್ 10, 2011
Anti-Money Laundering/Combating Financing of Terrorism - Standards
RBI/2010-11/421 RPCD.CO.RCB.AML.No.10096/07.02.12/2010-11 March 10, 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.RF.AML.No.2308/07.02.12/2010-11 dated August 23, 2010 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CFT deficiencies. 2. FATF, has furt
RBI/2010-11/421 RPCD.CO.RCB.AML.No.10096/07.02.12/2010-11 March 10, 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.RF.AML.No.2308/07.02.12/2010-11 dated August 23, 2010 forwarding the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CFT deficiencies. 2. FATF, has furt
ಮಾರ್ಚ್ 07, 2011
Exchange-traded Interest Rate Futures
RBI/2010-11/417 IDMD.PCD. 28 /14.03.01/2010-11 March 7, 2011 To, All RBI-regulated entities Dear Sirs, Exchange-traded Interest Rate Futures It has been decided to introduce Interest Rate Futures on 91-Day Treasury Bills issued by Government of India. In this regard, Reserve Bank of India has issued an amendment direction IDMD.PCD.27/ED(HRK)-2010 dated March 7, 2011 under section 45W of the Reserve Bank of India Act, 1934, which has been placed on the Reserve Bank of
RBI/2010-11/417 IDMD.PCD. 28 /14.03.01/2010-11 March 7, 2011 To, All RBI-regulated entities Dear Sirs, Exchange-traded Interest Rate Futures It has been decided to introduce Interest Rate Futures on 91-Day Treasury Bills issued by Government of India. In this regard, Reserve Bank of India has issued an amendment direction IDMD.PCD.27/ED(HRK)-2010 dated March 7, 2011 under section 45W of the Reserve Bank of India Act, 1934, which has been placed on the Reserve Bank of
ಮಾರ್ಚ್ 07, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/416 RPCD.CO RRB.AML.No.9868 /03.05.28(A)/2010-11 March 07, 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.9809 /03.05.28(A)/2010-11 dated March 04,2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated February 9, 2011 for
RBI/2010-11/416 RPCD.CO RRB.AML.No.9868 /03.05.28(A)/2010-11 March 07, 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.9809 /03.05.28(A)/2010-11 dated March 04,2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated February 9, 2011 for
ಮಾರ್ಚ್ 07, 2011
StCBs/DCCBs - Anti-Money Laundering /Combating Financing of Terrorism - Standards
RBI/2010-11/418 RPCD.CO.RCB.AML.No. 9886 /07.02.12/2010-11 March 7, 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.RF.AML.No. 1643/07.02.12/2010-11 dated August 9, 2010 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People's Republic of Korea (DPRK), and Sao Tome and Principe. 2. Financial Acti
RBI/2010-11/418 RPCD.CO.RCB.AML.No. 9886 /07.02.12/2010-11 March 7, 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.RF.AML.No. 1643/07.02.12/2010-11 dated August 9, 2010 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People's Republic of Korea (DPRK), and Sao Tome and Principe. 2. Financial Acti
ಮಾರ್ಚ್ 04, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/415 RPCD.CO RRB.AML.No. 9809 /03.05.28(A)/2010-11 March 04, 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.9665/03.05.28(A)/2010-11 dated March 03, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated January 24, 2011 fo
RBI/2010-11/415 RPCD.CO RRB.AML.No. 9809 /03.05.28(A)/2010-11 March 04, 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.9665/03.05.28(A)/2010-11 dated March 03, 2011. We have since received from Government of India (Ministry of External Affairs) copy of note dated January 24, 2011 fo
ಮಾರ್ಚ್ 03, 2011
RRBs - List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/413 RPCD.CO RRB.AML.No. 9665 /03.05.28(A)/2010-11 March 03, 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.7096/03.05.28(A)/2011-11 dated December 29,2010. We have since received from Government of India (Ministry of External Affairs) copy of note dated January 19, 2011
RBI/2010-11/413 RPCD.CO RRB.AML.No. 9665 /03.05.28(A)/2010-11 March 03, 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.7096/03.05.28(A)/2011-11 dated December 29,2010. We have since received from Government of India (Ministry of External Affairs) copy of note dated January 19, 2011
ಮಾರ್ಚ್ 01, 2011
Alteration in the name of 'The Dhanalakshmi Bank Limited' to 'Dhanlaxmi Bank Limited' in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2010-11/412 Ref.DBOD.No.Ret.BC/ 82 /12.07.037/2010-11 March 01, 2011 All Scheduled Commercial Banks Dear Sir, Alteration in the name of 'The Dhanalakshmi Bank Limited' to 'Dhanlaxmi Bank Limited' in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of 'The Dhanalakshmi Bank Limited' has been changed to 'Dhanlaxmi Bank Limited' in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBOD.PSBD.No. 7516/16.01.061
RBI/2010-11/412 Ref.DBOD.No.Ret.BC/ 82 /12.07.037/2010-11 March 01, 2011 All Scheduled Commercial Banks Dear Sir, Alteration in the name of 'The Dhanalakshmi Bank Limited' to 'Dhanlaxmi Bank Limited' in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of 'The Dhanalakshmi Bank Limited' has been changed to 'Dhanlaxmi Bank Limited' in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBOD.PSBD.No. 7516/16.01.061
ಫೆಬ್ರವರಿ 21, 2011
Guidelines on Base Rate
RBI/2010-11/411 DBOD.Dir.BC. 81/13.03.00/2010-11 February 21, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam Guidelines on Base Rate Please refer to our circular No. DBOD.Dir.BC.88/13.07.001/2009-10 dated April 9, 2010 and our letter DBOD.Dir.No. 21957/13.07.001/2009- 10 dated June 24, 2010 addressed to IBA on the subject. 2. Government of India, Ministry of New and Renewable Energy (MNRE) has formulated a scheme on financing of Off-Grid and Dec
RBI/2010-11/411 DBOD.Dir.BC. 81/13.03.00/2010-11 February 21, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam Guidelines on Base Rate Please refer to our circular No. DBOD.Dir.BC.88/13.07.001/2009-10 dated April 9, 2010 and our letter DBOD.Dir.No. 21957/13.07.001/2009- 10 dated June 24, 2010 addressed to IBA on the subject. 2. Government of India, Ministry of New and Renewable Energy (MNRE) has formulated a scheme on financing of Off-Grid and Dec
ಫೆಬ್ರವರಿ 18, 2011
KYC Norms /AML Standards/Combating Financing of Terrorism/Obligation of banks under PMLA, 2002
RBI/2010-11/410 UBD. BPD. (PCB) No. 37/12.05.001/2010-11 February 18, 2011 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards/ Combating of Financing of Terrorism (CFT) / Obligation of banks under PMLA, 2002 Please refer to our circular UBD. PCB. Cir. 30/09.161.00/2004-05 dated December 15, 2004 on Know Your Customer (KYC) norms and Anti-Money Laundering (AML) standards. 2
RBI/2010-11/410 UBD. BPD. (PCB) No. 37/12.05.001/2010-11 February 18, 2011 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards/ Combating of Financing of Terrorism (CFT) / Obligation of banks under PMLA, 2002 Please refer to our circular UBD. PCB. Cir. 30/09.161.00/2004-05 dated December 15, 2004 on Know Your Customer (KYC) norms and Anti-Money Laundering (AML) standards. 2
ಫೆಬ್ರವರಿ 18, 2011
Prudential norms on investment in Zero Coupon Bonds
RBI/2010-11/409 UCB (PCB) BPD Cir.No. 36/16.20.000/2010-11 February 18, 2011 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, Prudential norms on investment in Zero Coupon Bonds Please refer to paragraph 2 (iii) (c) of circular UBD(PCB) BPD Cir No.46/16.20.000/2008-09 dated January 30, 2009 on investments in Non-SLR securities by Primary (Urban) Co-operative Banks. 2. It is observed that banks are investing in long term Zero Cou
RBI/2010-11/409 UCB (PCB) BPD Cir.No. 36/16.20.000/2010-11 February 18, 2011 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, Prudential norms on investment in Zero Coupon Bonds Please refer to paragraph 2 (iii) (c) of circular UBD(PCB) BPD Cir No.46/16.20.000/2008-09 dated January 30, 2009 on investments in Non-SLR securities by Primary (Urban) Co-operative Banks. 2. It is observed that banks are investing in long term Zero Cou
ಫೆಬ್ರವರಿ 11, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/403 DBOD. AML.No. 12705 /14.06.001/2010-11 February 11, 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. 11884 /14.06.001/2010-11@@NBSP@@@@NBSP@@ dated January 31, 2011. We have since received from Govern
RBI/2010-11/403 DBOD. AML.No. 12705 /14.06.001/2010-11 February 11, 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. 11884 /14.06.001/2010-11@@NBSP@@@@NBSP@@ dated January 31, 2011. We have since received from Govern
ಫೆಬ್ರವರಿ 10, 2011
Investment in non-Government Securities- Non-Convertible Debentures (NCDs) of maturity up to one year by standalone Primary Dealers (PDs)
RBI/2010-11/401 IDMD. PCD.No. 26/14.03.05/2010-11 February 10, 2011 All Standalone Primary Dealers Dear Sir, Investment in non-Government Securities- Non-Convertible Debentures (NCDs) of maturity up to one year by standalone Primary Dealers (PDs) Please refer to paragraph 5.8.2 of the Master Circular RBI/2010-11/81 IDMD.PDRD. 01/03.64.00/2010-11 dated July 1, 2010 which, inter alia, advised the PDs that they should not invest in non-Government securities of original m
RBI/2010-11/401 IDMD. PCD.No. 26/14.03.05/2010-11 February 10, 2011 All Standalone Primary Dealers Dear Sir, Investment in non-Government Securities- Non-Convertible Debentures (NCDs) of maturity up to one year by standalone Primary Dealers (PDs) Please refer to paragraph 5.8.2 of the Master Circular RBI/2010-11/81 IDMD.PDRD. 01/03.64.00/2010-11 dated July 1, 2010 which, inter alia, advised the PDs that they should not invest in non-Government securities of original m
ಫೆಬ್ರವರಿ 09, 2011
Re-opening of pension option to employees of Public Sector Banks and enhancement in gratuity limits - Prudential Regulatory Treatment
RBI/2010-11/400 DBOD.No. BP.BC.80/ 21.04.018/2010-11 February 9, 2011 All Public Sector Banks Dear Sir, Re-opening of pension option to employees of Public Sector Banks and enhancement in gratuity limits - Prudential Regulatory Treatment Consequent on the re-opening of pension option to employees of Public Sector Banks and enhancement in gratuity limits following the amendment to Payment of Gratuity Act 1972, banks and the Indian Banks’ Association (IBA) have approach
RBI/2010-11/400 DBOD.No. BP.BC.80/ 21.04.018/2010-11 February 9, 2011 All Public Sector Banks Dear Sir, Re-opening of pension option to employees of Public Sector Banks and enhancement in gratuity limits - Prudential Regulatory Treatment Consequent on the re-opening of pension option to employees of Public Sector Banks and enhancement in gratuity limits following the amendment to Payment of Gratuity Act 1972, banks and the Indian Banks’ Association (IBA) have approach
ಫೆಬ್ರವರಿ 08, 2011
Scheme of 1% interest subvention on housing loans up to Rs. 10 lakh-
RBI/2010-11/ 399 RPCD.SME & NFS. BC.No.@@NBSP@@ 52/06.11.01/2010-2011 February 8, 2011 The Chairman / Managing Director All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Scheme of 1% interest subvention on housing loans up to Rs. 10 lakh– Please refer to our circular RPCD.SME & NFS.BC. No. 16/06.11.01/2010-2011 dated August 09, 2010 and our letter RPCD.SME & NFS.No.4864/06.11.01/2010-2011 dated October 20, 2010 conveying, inter alia, instruc
RBI/2010-11/ 399 RPCD.SME & NFS. BC.No.@@NBSP@@ 52/06.11.01/2010-2011 February 8, 2011 The Chairman / Managing Director All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Scheme of 1% interest subvention on housing loans up to Rs. 10 lakh– Please refer to our circular RPCD.SME & NFS.BC. No. 16/06.11.01/2010-2011 dated August 09, 2010 and our letter RPCD.SME & NFS.No.4864/06.11.01/2010-2011 dated October 20, 2010 conveying, inter alia, instruc
ಫೆಬ್ರವರಿ 04, 2011
Recognition of Permanent Diminution in the Value of Investments in Banks' Subsidiaries / Joint Ventures
RBI/2010-11/398 DBOD.FID.FIC.No.11/01.02.00/2010-11 February 01, 2011 The CEOs of select All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Recognition of Permanent Diminution in the Value of Investments in Banks' Subsidiaries / Joint Ventures In terms of para 14 of Annexure to circular DBS.FID.No.C.9/01.02.00/2000-01 dated November 9, 2000 on ‘Guidelines for Classification and Valuation of investments ', FIs are required
RBI/2010-11/398 DBOD.FID.FIC.No.11/01.02.00/2010-11 February 01, 2011 The CEOs of select All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Recognition of Permanent Diminution in the Value of Investments in Banks' Subsidiaries / Joint Ventures In terms of para 14 of Annexure to circular DBS.FID.No.C.9/01.02.00/2000-01 dated November 9, 2000 on ‘Guidelines for Classification and Valuation of investments ', FIs are required
ಫೆಬ್ರವರಿ 02, 2011
Classification of loans against gold jewellery
RBI/2010-11/397 RPCD.CO.Plan.BC. 51/04.09.01/2010-11 February 2, 2011 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Classification of loans against gold jewellery Please refer to paragraph 1.3.14 of our Master Circular on lending to priority sector dated July 1, 2010. 2. It is clarified that loans sanctioned to NBFCs for on-lending to individuals or other entities against gold jewel
RBI/2010-11/397 RPCD.CO.Plan.BC. 51/04.09.01/2010-11 February 2, 2011 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Classification of loans against gold jewellery Please refer to paragraph 1.3.14 of our Master Circular on lending to priority sector dated July 1, 2010. 2. It is clarified that loans sanctioned to NBFCs for on-lending to individuals or other entities against gold jewel
ಫೆಬ್ರವರಿ 02, 2011
StCBs/DCCBs - KYC Norms / AML Standards/Combating Financing of Terrorism /Obligation of banks under PMLA, 2002
RBI/2010-11/396 RPCD.CO.RCB.AML.BC. No. 50/07.40.00/ 2010-11 February 2, 2011 The Chief Executives of all State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002 Please refer to our circulars RPCD.AML.BC.No.80/07.40.00/2004-05 dated February 18, 2005 and RPCD.CO.RF.AML. BC.No.51/07.40.00/2007-08 dated February 28, 2008 on Know Yo
RBI/2010-11/396 RPCD.CO.RCB.AML.BC. No. 50/07.40.00/ 2010-11 February 2, 2011 The Chief Executives of all State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002 Please refer to our circulars RPCD.AML.BC.No.80/07.40.00/2004-05 dated February 18, 2005 and RPCD.CO.RF.AML. BC.No.51/07.40.00/2007-08 dated February 28, 2008 on Know Yo
ಜನವರಿ 31, 2011
Recognition of permanent diminution in the value of investments in banks’ subsidiaries/joint ventures
RBI/2010-11/395 DBOD. No. BP.BC.79/21.04.141/2010-11 January 31, 2011 The Chairmen and Managing Directors/ Chief Executive Officers of All Commercial Banks (excluding Regional Rural Banks) Dear Sir, Recognition of permanent diminution in the value of investments in banks’ subsidiaries/joint ventures In terms of para 15 of Annexure to circular DBOD.No.BP.BC.32/21.04.048/2000-2001 dated October 16, 2000 on ‘Guidelines for Classification and Valuation of investments by B
RBI/2010-11/395 DBOD. No. BP.BC.79/21.04.141/2010-11 January 31, 2011 The Chairmen and Managing Directors/ Chief Executive Officers of All Commercial Banks (excluding Regional Rural Banks) Dear Sir, Recognition of permanent diminution in the value of investments in banks’ subsidiaries/joint ventures In terms of para 15 of Annexure to circular DBOD.No.BP.BC.32/21.04.048/2000-2001 dated October 16, 2000 on ‘Guidelines for Classification and Valuation of investments by B
ಜನವರಿ 31, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/394 DBOD. AML.No. 11884/14.06.001/2010-11 January 31, 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. 11449/14.06.001/2010-11 dated January 20, 2011. We have since received from Government of India (Mini
RBI/2010-11/394 DBOD. AML.No. 11884/14.06.001/2010-11 January 31, 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. 11449/14.06.001/2010-11 dated January 20, 2011. We have since received from Government of India (Mini
ಜನವರಿ 28, 2011
Annual Financial Inspection - Priority Sector Loans - Mis-classification by Banks
RBI/2010-11/393 RPCD.CO.Plan.BC. 49/04.09.01/2010-11 January 28, 2011 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Annual Financial Inspection – Priority Sector Loans – Mis-classification by Banks The Annual Financial Inspection conducted by the Department of Banking Supervision, Reserve Bank of India, inter-alia, reports cases of misclassification of loans under priority sector an
RBI/2010-11/393 RPCD.CO.Plan.BC. 49/04.09.01/2010-11 January 28, 2011 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Annual Financial Inspection – Priority Sector Loans – Mis-classification by Banks The Annual Financial Inspection conducted by the Department of Banking Supervision, Reserve Bank of India, inter-alia, reports cases of misclassification of loans under priority sector an
ಜನವರಿ 27, 2011
Opening of "Small Account"
RBI/2010-11/389 DBOD.AML.No. 77/14.01.001/2010-11 January 27, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 Proce
RBI/2010-11/389 DBOD.AML.No. 77/14.01.001/2010-11 January 27, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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 Proce
ಜನವರಿ 27, 2011
Relaxations in Branch Authorisation Policy
RBI/2010-11/ 390 DBOD.No.BL.BC. 78/22.01.001/2010-11 January 27, 2011 7 Magha, 1932 ( Saka) All Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir, Section 23 of the Banking Regulation Act, 1949 Relaxations in Branch Authorisation Policy In terms of Circular DBOD.No.BL.BC. 65/22.01.001/2009-10 dated December 1, 2009, general permission was granted to domestic scheduled commercial banks (other than RRBs) to open branches in Tier -3 to Tier- 6 centres@@NBSP@@
RBI/2010-11/ 390 DBOD.No.BL.BC. 78/22.01.001/2010-11 January 27, 2011 7 Magha, 1932 ( Saka) All Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir, Section 23 of the Banking Regulation Act, 1949 Relaxations in Branch Authorisation Policy In terms of Circular DBOD.No.BL.BC. 65/22.01.001/2009-10 dated December 1, 2009, general permission was granted to domestic scheduled commercial banks (other than RRBs) to open branches in Tier -3 to Tier- 6 centres@@NBSP@@
ಜನವರಿ 25, 2011
Third Quarter Review of Monetary Policy 2010-11
By Dr. D. Subbarao Governor Introduction There have been significant changes in the macroeconomic environment since the Second Quarter Review issued on November 2, 2010. Globally, the recovery in the advanced economies appears to be consolidating and expectations of growth during 2011, particularly in the US, are generally being revised upwards. However, inflationary tendencies are clearly visible. Though still subdued in the advanced economies, inflationary pressures
By Dr. D. Subbarao Governor Introduction There have been significant changes in the macroeconomic environment since the Second Quarter Review issued on November 2, 2010. Globally, the recovery in the advanced economies appears to be consolidating and expectations of growth during 2011, particularly in the US, are generally being revised upwards. However, inflationary tendencies are clearly visible. Though still subdued in the advanced economies, inflationary pressures
ಜನವರಿ 25, 2011
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2010-11/388 FMD.MOAG. No.56/01.01.01/2010-11 January 25, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Third Quarter Review of Monetary Policy 2010-11, it has been decided to increase the repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.25 per cent to 6.50 per cent and the reverse repo rate by 25 basis points f
RBI/2010-11/388 FMD.MOAG. No.56/01.01.01/2010-11 January 25, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Third Quarter Review of Monetary Policy 2010-11, it has been decided to increase the repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.25 per cent to 6.50 per cent and the reverse repo rate by 25 basis points f
ಜನವರಿ 25, 2011
Standing Liquidity Facilities for Banks and Primary Dealers
RBI/2010-11/386 REF.No.MPD.BC.340/07.01.279/2010-11 January 25, 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 Third Quarter Review of Monetary Policy 2010-11 dated January 25, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 6.25 per cent to 6.50 per cent
RBI/2010-11/386 REF.No.MPD.BC.340/07.01.279/2010-11 January 25, 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 Third Quarter Review of Monetary Policy 2010-11 dated January 25, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 6.25 per cent to 6.50 per cent
ಜನವರಿ 25, 2011
Shortfall in Maintenance of SLR - Additional Liquidity Support under LAF
RBI/2010-11/387 Ref. DBOD.No.Ret.BC. 76 /12.02.001/2010-11 January 25, 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.68/12.02.001/2010-11 dated December 16, 2010 wherein it was advised that Scheduled Commercial Banks may avail of the additional li
RBI/2010-11/387 Ref. DBOD.No.Ret.BC. 76 /12.02.001/2010-11 January 25, 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.68/12.02.001/2010-11 dated December 16, 2010 wherein it was advised that Scheduled Commercial Banks may avail of the additional li
ಜನವರಿ 25, 2011
Prudential Guidelines on Restructuring of Advances by select All-India Financial Institutions (AIFIs): Credit Support to MFIs
RBI/2010-11/385 DBOD.FID.FIC.No.10@@NBSP@@/01.02.00/2010-11 January 25, 2011 The CEOs of select All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Prudential Guidelines on Restructuring of Advances by select All-India Financial Institutions (AIFIs): Credit Support to MFIs In continuation of our letter DBOD.No.FID.FIC.6 /01.02.00/2010-11 dated October 14, 2010 on the captioned subject, please find enclosed @@NBSP@@DBOD.BP.B
RBI/2010-11/385 DBOD.FID.FIC.No.10@@NBSP@@/01.02.00/2010-11 January 25, 2011 The CEOs of select All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Prudential Guidelines on Restructuring of Advances by select All-India Financial Institutions (AIFIs): Credit Support to MFIs In continuation of our letter DBOD.No.FID.FIC.6 /01.02.00/2010-11 dated October 14, 2010 on the captioned subject, please find enclosed @@NBSP@@DBOD.BP.B
ಜನವರಿ 20, 2011
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/380 DBOD. AML.No.11449/14.06.001/2010-11 January 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.9636/14.06.081/2010-11 dated December 21, 2010.@@NBSP@@ We have since received from Government of India
RBI/2010-11/380 DBOD. AML.No.11449/14.06.001/2010-11 January 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.9636/14.06.081/2010-11 dated December 21, 2010.@@NBSP@@ We have since received from Government of India
ಜನವರಿ 20, 2011
StCBs/DCCBs - Housing Finance
RBI/2010-11/379 RPCD.CO.RCBD.BC.No. 48/03.03.01/2010-11 January 20, 2011 All State and Central Co-operative Banks Dear Sir Housing Finance Please refer to para 2 (ii) of our circular RPCD.CO.RCBD.BC.No.15/03.03.01/ 2009-10 dated August 13, 2009 on the captioned subject. It has been decided that the exposure of State Co-operative Banks (StCBs) & Central Co-operative Banks (CCBs) to housing finance would, henceforth, be limited to 5 percent of their total assets, as
RBI/2010-11/379 RPCD.CO.RCBD.BC.No. 48/03.03.01/2010-11 January 20, 2011 All State and Central Co-operative Banks Dear Sir Housing Finance Please refer to para 2 (ii) of our circular RPCD.CO.RCBD.BC.No.15/03.03.01/ 2009-10 dated August 13, 2009 on the captioned subject. It has been decided that the exposure of State Co-operative Banks (StCBs) & Central Co-operative Banks (CCBs) to housing finance would, henceforth, be limited to 5 percent of their total assets, as
ಜನವರಿ 20, 2011
RRBs - Minutes of Meeting of Committee on Investor Education and Protection Fund
RBI/2010–11/378 RPCD.CO.RRB.No.47/ 03.05.33/2010-11 January 20, 2011 The Chairman All Regional Rural Banks/ Dear Sir, Meeting of Committee on Investor Education and Protection Fund - Ministry of Corporate Affairs-Minutes of the meeting We advise that in a meeting of ‘Committee on Investors Education and Protection Fund’ held by the Government of India, Ministry of Corporate Affairs, New Delhi, it has, inter-alia, been decided that banks should make ‘investor awareness
RBI/2010–11/378 RPCD.CO.RRB.No.47/ 03.05.33/2010-11 January 20, 2011 The Chairman All Regional Rural Banks/ Dear Sir, Meeting of Committee on Investor Education and Protection Fund - Ministry of Corporate Affairs-Minutes of the meeting We advise that in a meeting of ‘Committee on Investors Education and Protection Fund’ held by the Government of India, Ministry of Corporate Affairs, New Delhi, it has, inter-alia, been decided that banks should make ‘investor awareness
ಜನವರಿ 20, 2011
Regulatory Capital Instruments - Step up option
RBI/2010-11/381 DBOD.BP.BC.No.75/21.06.001/2010-11@@NBSP@@ January 20, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam, Regulatory Capital Instruments – Step up option In terms of extant instructions, banks have been permitted to issue capital instruments with a ‘step-up’ option viz. Innovative Perpetual Debt Instruments (IPDI) and Upper Tier 2 debt capital instruments (vide circula
RBI/2010-11/381 DBOD.BP.BC.No.75/21.06.001/2010-11@@NBSP@@ January 20, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam, Regulatory Capital Instruments – Step up option In terms of extant instructions, banks have been permitted to issue capital instruments with a ‘step-up’ option viz. Innovative Perpetual Debt Instruments (IPDI) and Upper Tier 2 debt capital instruments (vide circula
ಜನವರಿ 19, 2011
Review of Service Charges for Cheque Collection - Local, Outstation and Speed Clearing
RBI/2010-11/377 DPSS.CO.CHD.No. 1671 / 03.06.01 / 2010-11 January 19, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks includin RRBs / UCBs /State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Review of Service Charges for Cheque Collection – Local, Outstation and Speed Clearing Given the advantages of using electronic modes for initiating payments, especially for large value transactions, Re
RBI/2010-11/377 DPSS.CO.CHD.No. 1671 / 03.06.01 / 2010-11 January 19, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks includin RRBs / UCBs /State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Review of Service Charges for Cheque Collection – Local, Outstation and Speed Clearing Given the advantages of using electronic modes for initiating payments, especially for large value transactions, Re
ಜನವರಿ 19, 2011
Credit Support to Micro Finance Institutions (MFIs)
RBI/2010-11/376 DBOD.BP.BC.No. 74 /21.04.132/2010-11 January 19, 2011 The Chairman and Managing Directors / Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs & LABs) Dear Sir, Credit Support to Micro Finance Institutions (MFIs) The Reserve Bank of India had held discussions with select banks on December 22, 2010 to get an assessment regarding the ground level situation in the microfinance sector in Andhra Pradesh and other States and the n
RBI/2010-11/376 DBOD.BP.BC.No. 74 /21.04.132/2010-11 January 19, 2011 The Chairman and Managing Directors / Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs & LABs) Dear Sir, Credit Support to Micro Finance Institutions (MFIs) The Reserve Bank of India had held discussions with select banks on December 22, 2010 to get an assessment regarding the ground level situation in the microfinance sector in Andhra Pradesh and other States and the n
ಜನವರಿ 18, 2011
UCBs - Accounting Procedure for investments - Settlement Date Accounting
RBI/2010-11/373 UBD. (PCB).Cir. No. 34/09.80.00/2010-11 January 18, 2011 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Accounting Procedure for investments – Settlement Date Accounting Please refer to Circulars UBD(PCB)/Cir.49/09.80.00/2004-05 dated June 20, 2005 on ready forward contracts in Government Securities and UBD(PCB) Cir 50/09.80.00/2004-05 on the same date on settlement of transactions in Government Securities. 2. It has b
RBI/2010-11/373 UBD. (PCB).Cir. No. 34/09.80.00/2010-11 January 18, 2011 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Accounting Procedure for investments – Settlement Date Accounting Please refer to Circulars UBD(PCB)/Cir.49/09.80.00/2004-05 dated June 20, 2005 on ready forward contracts in Government Securities and UBD(PCB) Cir 50/09.80.00/2004-05 on the same date on settlement of transactions in Government Securities. 2. It has b
ಜನವರಿ 17, 2011
RRBs - Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) - Standards
RBI/2010-11/369 RPCD.CO.RRB.AML.No. 7857/03.05.28 (A)/2010-11 January 17, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) -@@NBSP@@ Standards Please refer to our circular RPCD.CO.RRB.AML.No.2341 /03.05.28 (A)/2010-11 dated August 24, 2010 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People's Republic of Korea (DPRK), Sao Tome and Principe. 2. Financial Acti
RBI/2010-11/369 RPCD.CO.RRB.AML.No. 7857/03.05.28 (A)/2010-11 January 17, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) -@@NBSP@@ Standards Please refer to our circular RPCD.CO.RRB.AML.No.2341 /03.05.28 (A)/2010-11 dated August 24, 2010 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People's Republic of Korea (DPRK), Sao Tome and Principe. 2. Financial Acti
ಜನವರಿ 17, 2011
RRBs - Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) - Standards
RBI/2010-11/371 RPCD.CO.RRB.AML.No. 7861/03.05.28(A)/2010-11 January 17, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) - Standards Please refer to our circular RPCD.CO.RRB.AML.No.3186/03.05.28(A)/2010-11 dated September 9, 2010 forwarding therewith the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CFT deficiencies. 2. FATF, has
RBI/2010-11/371 RPCD.CO.RRB.AML.No. 7861/03.05.28(A)/2010-11 January 17, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Anti-Money Laundering (AML) / Combating of Financial Terrorism (CFT) - Standards Please refer to our circular RPCD.CO.RRB.AML.No.3186/03.05.28(A)/2010-11 dated September 9, 2010 forwarding therewith the Financial Action Task Force (FATF) Statement identifying a list of jurisdictions which have strategic AML/CFT deficiencies. 2. FATF, has
ಜನವರಿ 14, 2011
End Use of Funds - Monitoring
RBI/2010-11/368 DBS.CO.PPD.BC.No. 5/11.01.005/2010-11 January 14, 2011 The Chairman/Chief Executives Officer All Scheduled Commercial Banks (excluding RRBs) Dear Sir, End Use of Funds - Monitoring The Reserve Bank, as a part of ongoing supervision, had undertaken an assessment of the practices in vogue at certain banks for ensuring the end use of funds. The review revealed that the expected level of due diligence had not been exercised in some cases facilitating diver
RBI/2010-11/368 DBS.CO.PPD.BC.No. 5/11.01.005/2010-11 January 14, 2011 The Chairman/Chief Executives Officer All Scheduled Commercial Banks (excluding RRBs) Dear Sir, End Use of Funds - Monitoring The Reserve Bank, as a part of ongoing supervision, had undertaken an assessment of the practices in vogue at certain banks for ensuring the end use of funds. The review revealed that the expected level of due diligence had not been exercised in some cases facilitating diver
ಜನವರಿ 12, 2011
Interest Rates on Rupee Export Credit - UCBs
RBI/2010-11/367 UBD.BPD.(PCB) Cir. No 5/13.05.000/2010-11 January 11, 2011 Chief Executive Officer Scheduled Primary (Urban) Co-operative Banks (holding AD Category I licence) Dear Sir / Madam, Interest Rates on Rupee Export Credit - UCBs Please refer to circular UBD.CO.BPD.Cir.No.1/13.05.000/2009-10 dated September 16, 2009 extending the interest subvention on rupee export credit to specified export sectors till March 31, 2010. 2. It has been decided to extend intere
RBI/2010-11/367 UBD.BPD.(PCB) Cir. No 5/13.05.000/2010-11 January 11, 2011 Chief Executive Officer Scheduled Primary (Urban) Co-operative Banks (holding AD Category I licence) Dear Sir / Madam, Interest Rates on Rupee Export Credit - UCBs Please refer to circular UBD.CO.BPD.Cir.No.1/13.05.000/2009-10 dated September 16, 2009 extending the interest subvention on rupee export credit to specified export sectors till March 31, 2010. 2. It has been decided to extend intere
ಜನವರಿ 12, 2011
RRBs - KYC Norms/AML Standards/Combating Financing of Terrorism/obligation of banks under PMLA 2002
RBI/2010-11/366 RPCD.CO RRB.AML.BC.No. 46/03.05.33(E)/2010-11 January 12, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/ Combating of Financing of Terrorism (CFT)/obligation of banks under PMLA 2002 Please refer to our circular RPCD. No. RRB.BC.81/03.05.33 (E)/2004-05@@NBSP@@dated February 18, 2005 on 'Know Your Customer' (KYC) Guidelines - Anti Money Laundering Standards. 2.@@NBSP@@ In
RBI/2010-11/366 RPCD.CO RRB.AML.BC.No. 46/03.05.33(E)/2010-11 January 12, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/ Combating of Financing of Terrorism (CFT)/obligation of banks under PMLA 2002 Please refer to our circular RPCD. No. RRB.BC.81/03.05.33 (E)/2004-05@@NBSP@@dated February 18, 2005 on 'Know Your Customer' (KYC) Guidelines - Anti Money Laundering Standards. 2.@@NBSP@@ In
ಜನವರಿ 11, 2011
Anti- Money Laundering (AML) / Combating of Financing of Terrorism (CFT)- Standards
RBI/2010-11/365 DBOD. AML.No. 10858/14.01.038/2010-11 January 11, 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.2329 /14.01.037/2009-10 dated August 9, 2010 forwarding the Financial Action Task Force (FATF) Statement identifying a list of @@NBSP@@jurisdicti
RBI/2010-11/365 DBOD. AML.No. 10858/14.01.038/2010-11 January 11, 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.2329 /14.01.037/2009-10 dated August 9, 2010 forwarding the Financial Action Task Force (FATF) Statement identifying a list of @@NBSP@@jurisdicti
ಜನವರಿ 11, 2011
Anti-Money Laundering /Combating Financing of Terrorism - Standards
RBI/2010-11/364 DBOD. AML. No. 10854/14.01.038/2010-11 January 11, 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.1930/14.01.036/2009-10 dated August 2, 2010 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People's Republic of Korea
RBI/2010-11/364 DBOD. AML. No. 10854/14.01.038/2010-11 January 11, 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.1930/14.01.036/2009-10 dated August 2, 2010 on risks arising from the deficiencies in AML/CFT regime of Iran, Democratic People's Republic of Korea
ಜನವರಿ 10, 2011
UCBs - Opening of bank accounts - salaried employees
RBI/2010-11/363 UBD. CO. BPD. No. 35/12.05.001/2010-11 January 10, 2011 The Chief Executive Officers All Primary (urban) Co-operative Banks Dear Sir, Opening of bank accounts - salaried employees Please refer to circular UBD. No. DS. PCB. Cir. 17/13.01.00/2002-03 dated September 18, 2002 and UBD. PCB. Cir. 30/09.161.00/2004-05 dated December 15, 2004 on Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards / Combating of Financing of Terrorism (CFT) / O
RBI/2010-11/363 UBD. CO. BPD. No. 35/12.05.001/2010-11 January 10, 2011 The Chief Executive Officers All Primary (urban) Co-operative Banks Dear Sir, Opening of bank accounts - salaried employees Please refer to circular UBD. No. DS. PCB. Cir. 17/13.01.00/2002-03 dated September 18, 2002 and UBD. PCB. Cir. 30/09.161.00/2004-05 dated December 15, 2004 on Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards / Combating of Financing of Terrorism (CFT) / O
ಜನವರಿ 06, 2011
Guidelines on the Base Rate
RBI/2010-11/361 DBOD.No.Dir.BC.73/13.03.00/2010-11 January 6, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Guidelines on the Base Rate Please refer to our circular DBOD.No.Dir.BC.88/13.03.00/2009-10 dated April 9, 2010. 2. In partial modification of paragraph 2(iii) of the above mentioned circular, we advise that banks are permitted to change the benchmark and methodology used in the computation of Base Rate for a further period of six months
RBI/2010-11/361 DBOD.No.Dir.BC.73/13.03.00/2010-11 January 6, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Guidelines on the Base Rate Please refer to our circular DBOD.No.Dir.BC.88/13.03.00/2009-10 dated April 9, 2010. 2. In partial modification of paragraph 2(iii) of the above mentioned circular, we advise that banks are permitted to change the benchmark and methodology used in the computation of Base Rate for a further period of six months
ಜನವರಿ 05, 2011
StCBs/DCCBs - Submission of Data to Credit Information Companies - Format of Data to be submitted by Credit Institutions
RBI/2010-11/353 RPCD.CO.RCB.BC.No.45/07.40.06/2010-11 January 05, 2011 All State and Central Co-operative Banks Dear Sir, Submission of Data to Credit Information Companies - Format of Data to be submitted by Credit Institutions Please refer to our circular RPCD.CO.RF.BC.No.17/07.40.06/2010-11 dated September 6, 2010 on the captioned subject. 2. It is observed that many a time, names of Directors of various firms/companies are similar. It is, therefore, necessary to e
RBI/2010-11/353 RPCD.CO.RCB.BC.No.45/07.40.06/2010-11 January 05, 2011 All State and Central Co-operative Banks Dear Sir, Submission of Data to Credit Information Companies - Format of Data to be submitted by Credit Institutions Please refer to our circular RPCD.CO.RF.BC.No.17/07.40.06/2010-11 dated September 6, 2010 on the captioned subject. 2. It is observed that many a time, names of Directors of various firms/companies are similar. It is, therefore, necessary to e
ಜನವರಿ 04, 2011
StCBs/DCCBs - List of Terrorist Individuals/Organisations - under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/351 RPCD.CO.RCB.AML.No.7251/07.02.12/2010-11 January 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. 6706/07.02.12/2010-11 dated December 14, 2010. We have since received from Government of India (Ministry of External Affairs) copy of following notes fo
RBI/2010-11/351 RPCD.CO.RCB.AML.No.7251/07.02.12/2010-11 January 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. 6706/07.02.12/2010-11 dated December 14, 2010. We have since received from Government of India (Ministry of External Affairs) copy of following notes fo
ಡಿಸೆಂ 31, 2010
Investment in Non-SLR Securities- Non-Convertible Debentures (NCDs) of maturity up to one year
RBI/2010-11/349 DBOD.BP.BC.No.72/21.04.141/2010-11 December 31, 2010 The Chairmen / Chief Executives of All Commercial Banks (excluding Regional Rural Banks) Dear Sir, Investment in Non-SLR Securities- Non-Convertible Debentures (NCDs) of maturity up to one year Please refer to circular DBOD.BP.BC.44/21.04.141/2003-04 dated November 12, 2003 on Prudential Guidelines on Banks’ Investment in Non-SLR Securities which, inter alia, advised the banks that they should not in
RBI/2010-11/349 DBOD.BP.BC.No.72/21.04.141/2010-11 December 31, 2010 The Chairmen / Chief Executives of All Commercial Banks (excluding Regional Rural Banks) Dear Sir, Investment in Non-SLR Securities- Non-Convertible Debentures (NCDs) of maturity up to one year Please refer to circular DBOD.BP.BC.44/21.04.141/2003-04 dated November 12, 2003 on Prudential Guidelines on Banks’ Investment in Non-SLR Securities which, inter alia, advised the banks that they should not in
ಡಿಸೆಂ 31, 2010
UCBs - Operation of bank accounts and money mules
RBI/2010-11/350 UBD. BPD. No. 33/12.05.001/2010-11 December 31, 2010 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir, Operation of bank accounts and money mules Please refer to circular UBD.No. DS. PCB. Cir. 17/13.01.00/2002-03 dated September 18, 2002, UBD PCB. Cir.30/09.161.00/ 2004-05 dated December 15, 2004 and subsequent guidelines on Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/ Combating of Financing of Terro
RBI/2010-11/350 UBD. BPD. No. 33/12.05.001/2010-11 December 31, 2010 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir, Operation of bank accounts and money mules Please refer to circular UBD.No. DS. PCB. Cir. 17/13.01.00/2002-03 dated September 18, 2002, UBD PCB. Cir.30/09.161.00/ 2004-05 dated December 15, 2004 and subsequent guidelines on Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/ Combating of Financing of Terro
ಡಿಸೆಂ 31, 2010
Prudential Guidelines on Capital Adequacy and Market Discipline - New Capital Adequacy Framework (NCAF) - Parallel Run and Prudential Floor
RBI/2010-11/348 DBOD.BP.BC.No.71 /21.06.001/2010-11 December 31, 2010 All Scheduled Commercial Banks (excluding Local Area Banks and Regional Rural Banks) Dear Sir, Prudential Guidelines on Capital Adequacy and Market Discipline - New Capital Adequacy Framework (NCAF) - Parallel Run and Prudential Floor Please refer to our circular DBOD.BP.BC.No.87/21.06.001/2009-10 dated April 7, 2010 on the captioned subject and paragraph 4.1.2 of Master Circular No. DBOD.No.BP.BC.1
RBI/2010-11/348 DBOD.BP.BC.No.71 /21.06.001/2010-11 December 31, 2010 All Scheduled Commercial Banks (excluding Local Area Banks and Regional Rural Banks) Dear Sir, Prudential Guidelines on Capital Adequacy and Market Discipline - New Capital Adequacy Framework (NCAF) - Parallel Run and Prudential Floor Please refer to our circular DBOD.BP.BC.No.87/21.06.001/2009-10 dated April 7, 2010 on the captioned subject and paragraph 4.1.2 of Master Circular No. DBOD.No.BP.BC.1
ಡಿಸೆಂ 31, 2010
Security Issues and Risk mitigation measures related to Card Not present transactions
RBI/2010-11/347 DPSS.CO.No.1503/02.14.003/2010-2011 December 31, 2010 To 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 Authorised card payment networks Security Issues and Risk mitigation measures related to Card Not present transactions Please refer to our circular RBI/DPSS/No.1501/02.14.003/2008-2009 dated February 18, 2009, w
RBI/2010-11/347 DPSS.CO.No.1503/02.14.003/2010-2011 December 31, 2010 To 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 Authorised card payment networks Security Issues and Risk mitigation measures related to Card Not present transactions Please refer to our circular RBI/DPSS/No.1501/02.14.003/2008-2009 dated February 18, 2009, w
ಡಿಸೆಂ 30, 2010
KYC Norms /AML Standards/Combating Financing of Terrorism/Obligation of banks under PMLA, 2002
RBI/ 2010-11/346 DBOD. AML. BC. No.70/14 .01.001/2010-11 December 30, 2010 The Chairmen/CEOs of all Scheduled Commercial Banks (excluding RRBs) / All India Financial Institutions/Local Area Banks Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002 Please refer to our Master Circular DBOD.AML.BC.No.2/ 14.01.001 / 2010 -11 dated July 01, 2010 on Know Your Custome
RBI/ 2010-11/346 DBOD. AML. BC. No.70/14 .01.001/2010-11 December 30, 2010 The Chairmen/CEOs of all Scheduled Commercial Banks (excluding RRBs) / All India Financial Institutions/Local Area Banks Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002 Please refer to our Master Circular DBOD.AML.BC.No.2/ 14.01.001 / 2010 -11 dated July 01, 2010 on Know Your Custome
ಡಿಸೆಂ 29, 2010
List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2010-11/345 RPCD.CO RRB.AML.No. 7096/03.05.28(A)/2010-11 December 29, 2010 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.6722/03.05.28 (A)/2010-11 dated December 14, 2010 on the captioned subject. We have since received from Government of India (Ministry of External Affairs) copies
RBI/2010-11/345 RPCD.CO RRB.AML.No. 7096/03.05.28(A)/2010-11 December 29, 2010 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.6722/03.05.28 (A)/2010-11 dated December 14, 2010 on the captioned subject. We have since received from Government of India (Ministry of External Affairs) copies
ಡಿಸೆಂ 29, 2010
Public Provident Fund Scheme, 1968 Amendment to Section 9(3) of the Scheme
RBI/2010-11/344 DGBA. CDD. No. H-4311/15.02.001/2010-11 December 27, 2010 The Chairman and Managing Director/Managing Director Government Accounts 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/Indian Bank/ Indian Overs
RBI/2010-11/344 DGBA. CDD. No. H-4311/15.02.001/2010-11 December 27, 2010 The Chairman and Managing Director/Managing Director Government Accounts 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/Indian Bank/ Indian Overs
ಡಿಸೆಂ 29, 2010
Lead Bank Scheme - Conduct of State Level Bankers' Committee (SLBC)/Union Territory Level Bankers' Committee (UTLBC) meetings
RBI/2010-11/343 RPCD.CO.LBS.BC.No.44 /02.19.10/2010-11 December 29, 2010 CMDs of all SLBC Convenor Banks Dear Sir, Lead Bank Scheme – Conduct of State Level Bankers' Committee (SLBC)/Union Territory Level Bankers' Committee (UTLBC) meetings The SLBC/UTLBC plays a very important role in coordinating and supervising developmental efforts of Government agencies and banks in the State/Union Territory. As per our extant instructions, the meetings of these committees are re
RBI/2010-11/343 RPCD.CO.LBS.BC.No.44 /02.19.10/2010-11 December 29, 2010 CMDs of all SLBC Convenor Banks Dear Sir, Lead Bank Scheme – Conduct of State Level Bankers' Committee (SLBC)/Union Territory Level Bankers' Committee (UTLBC) meetings The SLBC/UTLBC plays a very important role in coordinating and supervising developmental efforts of Government agencies and banks in the State/Union Territory. As per our extant instructions, the meetings of these committees are re
ಡಿಸೆಂ 28, 2010
UCBs - List of Terrorist Individuals/Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/337 UBD.CO.BPD.(PCB). Cir.No. 31/14.01.062/2010-11 December 28, 2010 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Sir/ Madam, 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. 29/14.01.062/2010-11 dated December 13, 2010.@@NBSP@@ We enclose, as detailed below, copies of notification (received from Government
RBI/2010-11/337 UBD.CO.BPD.(PCB). Cir.No. 31/14.01.062/2010-11 December 28, 2010 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Sir/ Madam, 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. 29/14.01.062/2010-11 dated December 13, 2010.@@NBSP@@ We enclose, as detailed below, copies of notification (received from Government
ಡಿಸೆಂ 28, 2010
Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries
RBI/2010-11/339 DPSS.CO.OSD. No. 1448/06.08.001/2010-2011 December 28, 2010 To All Scheduled Commercial Banks Dear Sir, Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries Please refer to our circular Ref no. 1381/06.08.001/2010-11 dated December 20, 2010 on the captioned subject. 2. In continuation of the above directions, please note to forward a covering letter from your bank certif
RBI/2010-11/339 DPSS.CO.OSD. No. 1448/06.08.001/2010-2011 December 28, 2010 To All Scheduled Commercial Banks Dear Sir, Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries Please refer to our circular Ref no. 1381/06.08.001/2010-11 dated December 20, 2010 on the captioned subject. 2. In continuation of the above directions, please note to forward a covering letter from your bank certif
ಡಿಸೆಂ 28, 2010
Directions for submission of system audit reports from CISA qualified Auditor
RBI/2010-11/340 DPSS.CO.OSD. No. 1444 /06.11.001/2010-2011 December 27, 2010 To All Scheduled Commercial Banks / Authorised Payment System Operators Dear Sir, Directions for submission of system audit reports from CISA qualified Auditor Please refer to our circular Ref No. DPSS.1206/ 02.27.005/2009-10 dated 7th December 2009 on the captioned subject. 2.@@NBSP@@@@NBSP@@@@NBSP@@All authorised entities are advised to furnish their respective system audit reports from a C
RBI/2010-11/340 DPSS.CO.OSD. No. 1444 /06.11.001/2010-2011 December 27, 2010 To All Scheduled Commercial Banks / Authorised Payment System Operators Dear Sir, Directions for submission of system audit reports from CISA qualified Auditor Please refer to our circular Ref No. DPSS.1206/ 02.27.005/2009-10 dated 7th December 2009 on the captioned subject. 2.@@NBSP@@@@NBSP@@@@NBSP@@All authorised entities are advised to furnish their respective system audit reports from a C
ಡಿಸೆಂ 28, 2010
Collection of Statistics on pre-paid instruments
RBI/2010-11/342 DPSS.CO.OSD. No. 1381 /06.08.001/ 2010-2011 December 27, 2010 To All entities authorised to issue pre paid payment instruments in India. Dear Sir, Collection of Statistics on pre-paid instruments Please refer to the approval / authorization given / issued to you for issuance and operations of pre paid payment instruments under the Payment and Settlement Systems Act, 2007. 2. Authorized entities have hitherto been submitting information on the volume an
RBI/2010-11/342 DPSS.CO.OSD. No. 1381 /06.08.001/ 2010-2011 December 27, 2010 To All entities authorised to issue pre paid payment instruments in India. Dear Sir, Collection of Statistics on pre-paid instruments Please refer to the approval / authorization given / issued to you for issuance and operations of pre paid payment instruments under the Payment and Settlement Systems Act, 2007. 2. Authorized entities have hitherto been submitting information on the volume an
ಡಿಸೆಂ 28, 2010
Issuance and operation of Prepaid Payment Instruments in India - Auditor Certificate on the balances in Escrow account
RBI/2010-11/341 DPSS.CO.OSD. No. 1445 /06.12.001/ 2010-2011 December 27, 2010 To All Scheduled Commercial Banks / Authorised Payment System Operators Dear Sir, Issuance and operation of Prepaid Payment Instruments in India – Auditor Certificate on the balances in Escrow account Please refer to Para 7.3. of the policy Guidelines DPSS.CO.PD.No. 1873 /02.14.06/ 2008-09 dated April 27, 2009 for issuance and operation of Prepaid Payment Instruments in India. 2. It is obser
RBI/2010-11/341 DPSS.CO.OSD. No. 1445 /06.12.001/ 2010-2011 December 27, 2010 To All Scheduled Commercial Banks / Authorised Payment System Operators Dear Sir, Issuance and operation of Prepaid Payment Instruments in India – Auditor Certificate on the balances in Escrow account Please refer to Para 7.3. of the policy Guidelines DPSS.CO.PD.No. 1873 /02.14.06/ 2008-09 dated April 27, 2009 for issuance and operation of Prepaid Payment Instruments in India. 2. It is obser
ಡಿಸೆಂ 27, 2010
StCBs/DCCBs - Operation of bank accounts and money mules
RBI / 2010-11/ 334 RPCD.CO.RCB.AML.BC. No.39/07.40.00/ 2010-11 December 27, 2010 The Chief Executives of all State and Central Co-operative Banks Dear Sir, Operation of bank accounts & money mules With a view to preventing State and Central Co-operative Banks from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities Reserve Bank of India has issued guidelines on Know Your Customer (KYC) norms / A
RBI / 2010-11/ 334 RPCD.CO.RCB.AML.BC. No.39/07.40.00/ 2010-11 December 27, 2010 The Chief Executives of all State and Central Co-operative Banks Dear Sir, Operation of bank accounts & money mules With a view to preventing State and Central Co-operative Banks from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities Reserve Bank of India has issued guidelines on Know Your Customer (KYC) norms / A
ಡಿಸೆಂ 27, 2010
RRBs - SLR reduced
RBI/ 2010-11/332 RPCD.CO.RRB. BC. No. 43 / 03.05.28(B)/ 2010-11 December 27, 2010 All Regional Rural Banks Dear Sir, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR). Please refer to our circular RPCD. CO. RRB. BC. No. 38/03.05.28(B)/2009-10 (RBI/ 2009-10/201) dated October 29, 2009, on the captioned subject. 2. As announced in the Mid-Quarter Review of Monetary Policy released on December 16, 2010, it has been decided to
RBI/ 2010-11/332 RPCD.CO.RRB. BC. No. 43 / 03.05.28(B)/ 2010-11 December 27, 2010 All Regional Rural Banks Dear Sir, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR). Please refer to our circular RPCD. CO. RRB. BC. No. 38/03.05.28(B)/2009-10 (RBI/ 2009-10/201) dated October 29, 2009, on the captioned subject. 2. As announced in the Mid-Quarter Review of Monetary Policy released on December 16, 2010, it has been decided to
ಡಿಸೆಂ 24, 2010
RRBs - Submission of Data to Credit Information Companies - Format of Data to be submitted by Credit Institutions
RBI/2010-11/331 RPCD.CO RRB.BC.No. 41 /03.05.33/2010-11 December 24, 2010 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Submission of Data to Credit Information Companies - Format of Data to be submitted by Credit Institutions Please refer to our circular RPCD.CO.RRB.No.32/03.05.33/09-10 dated October 20, 2009 on the captioned subject. 2. As you are aware, apart from Credit Information Bureau of India Ltd., (existing credit information company in operation si
RBI/2010-11/331 RPCD.CO RRB.BC.No. 41 /03.05.33/2010-11 December 24, 2010 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Submission of Data to Credit Information Companies - Format of Data to be submitted by Credit Institutions Please refer to our circular RPCD.CO.RRB.No.32/03.05.33/09-10 dated October 20, 2009 on the captioned subject. 2. As you are aware, apart from Credit Information Bureau of India Ltd., (existing credit information company in operation si
ಡಿಸೆಂ 24, 2010
RRBs - Operation of bank accounts & money mules
RBI/2010-11/330 RPCD.CO RRB.AML.BC.No.40/ 03.05.33(E)/2010-11 December 24, 2010 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Operation of bank accounts & money mules With a view to preventing RRBs from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities, Reserve Bank of India has issued guidelines on Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/ Combating of Fin
RBI/2010-11/330 RPCD.CO RRB.AML.BC.No.40/ 03.05.33(E)/2010-11 December 24, 2010 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Operation of bank accounts & money mules With a view to preventing RRBs from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities, Reserve Bank of India has issued guidelines on Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/ Combating of Fin
ಡಿಸೆಂ 24, 2010
Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries
RBI/2010/11/329 DPSS.CO.OSD. No. 1381/06.08.001/2010-2011 December 20, 2010 To All Scheduled Commercial Banks Dear Sir, Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries Please refer to our circular Ref no. 1102/02.14.08/2009-10 dated November 24, 2009 on the captioned subject. In this regard you are advised to forward us a complete list of intermediaries accounts maintained with you
RBI/2010/11/329 DPSS.CO.OSD. No. 1381/06.08.001/2010-2011 December 20, 2010 To All Scheduled Commercial Banks Dear Sir, Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries Please refer to our circular Ref no. 1102/02.14.08/2009-10 dated November 24, 2009 on the captioned subject. In this regard you are advised to forward us a complete list of intermediaries accounts maintained with you
ಡಿಸೆಂ 24, 2010
Financial Assistance to Senior Citizens, Widows and Handicapped persons
RBI/2010-11/328 RPCD.CO.RRB.BC No. 38/ 03.05.33/2010-11 December 24, 2010 The Chairmen All Regional Rural Banks Dear Sir, Financial Assistance to Senior Citizens, Widows and Handicapped persons Please refer to our circulars RPCD. CO. No. RRB. BC. 57/ 03.05.33(F)/ 2005-06 dated December 27, 2005 and RPCD. CO. FID. BC. No. / 12.01.012/ 2010-11 (RBI/ 2010-11/ 253 dated November 1, 2010, in terms of which RRBs are permitted to handle pension accounts and other government
RBI/2010-11/328 RPCD.CO.RRB.BC No. 38/ 03.05.33/2010-11 December 24, 2010 The Chairmen All Regional Rural Banks Dear Sir, Financial Assistance to Senior Citizens, Widows and Handicapped persons Please refer to our circulars RPCD. CO. No. RRB. BC. 57/ 03.05.33(F)/ 2005-06 dated December 27, 2005 and RPCD. CO. FID. BC. No. / 12.01.012/ 2010-11 (RBI/ 2010-11/ 253 dated November 1, 2010, in terms of which RRBs are permitted to handle pension accounts and other government
ಡಿಸೆಂ 24, 2010
RTGS System - Use of NEFT Customer Facilitation Centres
RBI/ 2010-11/ 327 DPSS (CO) RTGS No. 1433 / 04.04.002 / 2010-2011 December 24, 2010 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS and NEFT Madam / Dear Sir, RTGS System – Use of NEFT Customer Facilitation Centres Please refer to our circular DPSS (CO) EPPD No. 893 / 04.03.02 / 2009-2010 dated November 11, 2009 on the captioned subject. 2. You are aware that there has been a remarkable growth of customer transactions in RTG
RBI/ 2010-11/ 327 DPSS (CO) RTGS No. 1433 / 04.04.002 / 2010-2011 December 24, 2010 Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS and NEFT Madam / Dear Sir, RTGS System – Use of NEFT Customer Facilitation Centres Please refer to our circular DPSS (CO) EPPD No. 893 / 04.03.02 / 2009-2010 dated November 11, 2009 on the captioned subject. 2. You are aware that there has been a remarkable growth of customer transactions in RTG
ಡಿಸೆಂ 23, 2010
Credit Information Companies (Regulation) Act, 2005 - Grant of 'Certificate of Registration' - for commencing business of Credit Information - High Mark Credit Information Services Private Limited
RBI/2010-11/325 UBD.BPD.(PCB) Cir. No 30/09.11.200/2010-11 December 22, 2010 The Chief Executive Officer, All Primary (Urban) Co-operative Banks. Dear Sir, Credit Information Companies (Regulation) Act, 2005 - Grant of 'Certificate of Registration' - for commencing business of Credit Information - High Mark Credit Information Services Private Limited. Please refer to Circular UBD.CO.BPD.Cir.No. 60/09.11.200/2009-10 dated April 29, 2010 providing details of credit info
RBI/2010-11/325 UBD.BPD.(PCB) Cir. No 30/09.11.200/2010-11 December 22, 2010 The Chief Executive Officer, All Primary (Urban) Co-operative Banks. Dear Sir, Credit Information Companies (Regulation) Act, 2005 - Grant of 'Certificate of Registration' - for commencing business of Credit Information - High Mark Credit Information Services Private Limited. Please refer to Circular UBD.CO.BPD.Cir.No. 60/09.11.200/2009-10 dated April 29, 2010 providing details of credit info
ಡಿಸೆಂ 23, 2010
Housing Loans by Commercial Banks - LTV Ratio, Risk Weight and Provisioning
RBI No.2010-11/324 DBOD.No.BP.BC. 69 /08.12.001/2010-11 December 23, 2010 The Chairmen and Managing Directors/ Chief Executive Officers of All Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam, Housing Loans by Commercial Banks – LTV Ratio, Risk Weight and Provisioning Please refer to paragraphs 104 to 106 of the Second Quarter Review of Monetary Policy 2010-11 (extracts enclosed), proposing certain measures in regard to housing loans by commercial bank
RBI No.2010-11/324 DBOD.No.BP.BC. 69 /08.12.001/2010-11 December 23, 2010 The Chairmen and Managing Directors/ Chief Executive Officers of All Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam, Housing Loans by Commercial Banks – LTV Ratio, Risk Weight and Provisioning Please refer to paragraphs 104 to 106 of the Second Quarter Review of Monetary Policy 2010-11 (extracts enclosed), proposing certain measures in regard to housing loans by commercial bank
ಡಿಸೆಂ 21, 2010
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2010-11/318 DBOD. AML.No.9636/14.06.081/2010-11 December 21, 2010 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.9042/14.06.080/2010-11 dated December 8, 2010. We have since received from Government of India (Ministr
RBI/2010-11/318 DBOD. AML.No.9636/14.06.081/2010-11 December 21, 2010 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.9042/14.06.080/2010-11 dated December 8, 2010. We have since received from Government of India (Ministr
ಡಿಸೆಂ 16, 2010
Section 24 of Banking Regulation Act, 1949 - Shortfall in Maintenance of Statutory Liquidity Ratio (SLR) - Additional Liquidity Support under Liquidity Adjustment Facility (LAF)
RBI/2010-11/317 Ref. DBOD.No.Ret.BC.68 /12.02.001/2010-11 December 16, 2010 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.63/12.02.001/2010-11 dated November 30, 2010 wherein it was advised that Scheduled Commercial Banks may avail of the additional li
RBI/2010-11/317 Ref. DBOD.No.Ret.BC.68 /12.02.001/2010-11 December 16, 2010 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.63/12.02.001/2010-11 dated November 30, 2010 wherein it was advised that Scheduled Commercial Banks may avail of the additional li
ಡಿಸೆಂ 16, 2010
Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)
RBI/2010-11/316 DBOD.Ret.BC. 67/12.02.001/2010-11 December 16, 2010 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. 51/12.02.001/2009-10 dated October 28, 2009 on the captioned subject. 2. @@NBSP@@As announced in the Mid-Quarter Review of Monetary Policy released on December 16, 2010, it has been dec
RBI/2010-11/316 DBOD.Ret.BC. 67/12.02.001/2010-11 December 16, 2010 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. 51/12.02.001/2009-10 dated October 28, 2009 on the captioned subject. 2. @@NBSP@@As announced in the Mid-Quarter Review of Monetary Policy released on December 16, 2010, it has been dec
ಡಿಸೆಂ 15, 2010
Credit to NRE account through RTGS / NEFT / NECS / ECS - Issuance of Foreign Inward Remittance Certificate (FIRC)
RBI/2010-11/315 DPSS (CO) EPPD No. 1309 / 04.03.01 / 2010-11 December 13, 2010 The Chairman and Managing Director / Chief Executive Officer of member banks participating in @@NBSP@@RTGS / NEFT / NECS / ECS Madam / Dear Sir, Credit to NRE account through RTGS / NEFT / NECS / ECS - Issuance of Foreign Inward Remittance Certificate (FIRC) Please refer to our letter DPSS (CO) EPPD No.327/04.03.01/2009-10 dated August 14, 2009 on the subject. We were receiving references f
RBI/2010-11/315 DPSS (CO) EPPD No. 1309 / 04.03.01 / 2010-11 December 13, 2010 The Chairman and Managing Director / Chief Executive Officer of member banks participating in @@NBSP@@RTGS / NEFT / NECS / ECS Madam / Dear Sir, Credit to NRE account through RTGS / NEFT / NECS / ECS - Issuance of Foreign Inward Remittance Certificate (FIRC) Please refer to our letter DPSS (CO) EPPD No.327/04.03.01/2009-10 dated August 14, 2009 on the subject. We were receiving references f
ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಮೊಬೈಲ್ ಅಪ್ಲಿಕೇಶನ್ ಅನ್ನು ಇನ್ಸ್ಟಾಲ್ ಮಾಡಿ ಮತ್ತು ಇತ್ತೀಚಿನ ಸುದ್ದಿಗಳಿಗೆ ತ್ವರಿತ ಅಕ್ಸೆಸ್ ಪಡೆಯಿರಿ!
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಆಗಸ್ಟ್ 08, 2024
