Press Releases - Regulating Commercial Banking - ಆರ್ಬಿಐ - Reserve Bank of India
ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಗಳು
ನವೆಂ 16, 2002
Proposed Amalgamation of the Nedungadi Bank Ltd. with Punjab National Bank: Information for the Public
In view of the press reports regarding the movement of share prices of Nedungadi Bank Ltd., the Reserve Bank of India has invited public attention to a clause (clause 7(1) of Chapter IV) in the draft scheme of amalgamation of Nedungadi Bank Ltd. with Punjab National Bank which prescribes that the entire amount of the paid up capital and reserves of the Nedungadi Bank Ltd. would be treated as provision for bad and doubtful debts and depreciation and other assets of the
In view of the press reports regarding the movement of share prices of Nedungadi Bank Ltd., the Reserve Bank of India has invited public attention to a clause (clause 7(1) of Chapter IV) in the draft scheme of amalgamation of Nedungadi Bank Ltd. with Punjab National Bank which prescribes that the entire amount of the paid up capital and reserves of the Nedungadi Bank Ltd. would be treated as provision for bad and doubtful debts and depreciation and other assets of the
ಪಿಡಿಎಫ್ (
ನವೆಂ 15, 2002
RBI releases Report on Trend and Progress of Banking in India - 2001-02
The Reserve Bank of India today released its Report on Trend and Progress of Banking in India 2001-02. The Report gives a detailed account of the performance of commercial banks, co-operative banks, financial institutions and non-banking financial companies (NBFCs). The Report also gives information on developments in the policy environment and in the regulatory and supervisory framework applicable to these financial entities. The Report is divided into five chapters
The Reserve Bank of India today released its Report on Trend and Progress of Banking in India 2001-02. The Report gives a detailed account of the performance of commercial banks, co-operative banks, financial institutions and non-banking financial companies (NBFCs). The Report also gives information on developments in the policy environment and in the regulatory and supervisory framework applicable to these financial entities. The Report is divided into five chapters
ಅಕ್ಟೋ 07, 2002
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on the last Friday of June 2002
'Banking Statistics: Quarterly Handout – June 2002' provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of June 2002.The data have been classified according to top hundred centres, states, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 returns. The top hundred centres arranged according to the size of deposits accounted fo
'Banking Statistics: Quarterly Handout – June 2002' provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of June 2002.The data have been classified according to top hundred centres, states, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 returns. The top hundred centres arranged according to the size of deposits accounted fo
ಸೆಪ್ಟೆಂ 06, 2002
Pay Income-tax dues in advance at any designated bank branch : RBI
The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 820 computerised branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank's/designated b
The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 820 computerised branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank's/designated b
ಆಗ 19, 2002
No Immediate Bank Rate Cut : RBI
Reacting to a report in a section of the press today, quoting unnamed official sources, the official spokesperson of the Reserve Bank of India said that at present there is no immediate proposal under consideration to cut Bank Rate by 0.5 per cent. Alpana Killawala General ManagerPress Release: 2002-2003/180
Reacting to a report in a section of the press today, quoting unnamed official sources, the official spokesperson of the Reserve Bank of India said that at present there is no immediate proposal under consideration to cut Bank Rate by 0.5 per cent. Alpana Killawala General ManagerPress Release: 2002-2003/180
ಜುಲೈ 03, 2002
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on March 31, 2002
"Banking Statistics: Quarterly Handout – March 2002" provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on March 31, 2002.The data have been classified according to top one hundred centres, states, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 returns. The gross bank credit data includes aggregate net advances of ICICI Limited, ICICI Perso
"Banking Statistics: Quarterly Handout – March 2002" provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on March 31, 2002.The data have been classified according to top one hundred centres, states, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 returns. The gross bank credit data includes aggregate net advances of ICICI Limited, ICICI Perso
ಜೂನ್ 20, 2002
Amalgamation of the Benares State Bank Ltd. with Bank of Baroda
On the application of the Reserve Bank of India under Sub-Section (1) of Section 45 of the Banking Regulation Act, 1949, the Central Government had made an Order of Moratorium in respect of the Benares State Bank Ltd. under Sub-Section (2) of the said Section with effect from the close of business on January 22, 2002 to July 21, 2002 (inclusive). During the period of moratorium, Reserve Bank of India had prepared a Draft Scheme of Amalgamation of the Benares State Ban
On the application of the Reserve Bank of India under Sub-Section (1) of Section 45 of the Banking Regulation Act, 1949, the Central Government had made an Order of Moratorium in respect of the Benares State Bank Ltd. under Sub-Section (2) of the said Section with effect from the close of business on January 22, 2002 to July 21, 2002 (inclusive). During the period of moratorium, Reserve Bank of India had prepared a Draft Scheme of Amalgamation of the Benares State Ban
ಜೂನ್ 07, 2002
Indian Promoters' can hold 49 per cent in Private Banks
In order to provide a level playing field, it has been decided to raise the maximum limit of shareholding of Indian promoters in private sector banks from 40 per cent to 49 per cent of their paid up capital. In terms of the revised guidelines for entry of new private sector banks issued on January 3, 2001 promoters’ contribution for setting up a new bank was restricted to 40 per cent of the paid up capital of the bank at any point of time. In case the initial contribu
In order to provide a level playing field, it has been decided to raise the maximum limit of shareholding of Indian promoters in private sector banks from 40 per cent to 49 per cent of their paid up capital. In terms of the revised guidelines for entry of new private sector banks issued on January 3, 2001 promoters’ contribution for setting up a new bank was restricted to 40 per cent of the paid up capital of the bank at any point of time. In case the initial contribu
ಮೇ 20, 2002
All RBI regulated Entities to hold G-Secs in Demat Form
The Reserve Bank of India, has been, over a period of time, encouraging holding of government securities in dematerialised form. At present 99% of the trading in government securities takes place through SGL accounts with RBI for which the Delivery versus Payment (DVP) system ensures simultaneous transfer of securities against funds. In the light of recent fraudulent transactions in the guise of Government securities transactions in physical format by a few co-operati
The Reserve Bank of India, has been, over a period of time, encouraging holding of government securities in dematerialised form. At present 99% of the trading in government securities takes place through SGL accounts with RBI for which the Delivery versus Payment (DVP) system ensures simultaneous transfer of securities against funds. In the light of recent fraudulent transactions in the guise of Government securities transactions in physical format by a few co-operati
ಮೇ 18, 2002
RBI advances the date for reduction in the CRR: Reduction to be effective from next reporting fortnight beginning June 1, 2002
On a review of the present liquidity situation, the Reserve Bank of India has today announced advancement of the date for reduction in cash reserve ratio (CRR). Banks will have to maintain CRR at 5 per cent as against the present level of 5.5 per cent effective next reporting fortnight beginning June 1, 2002. It may be recalled that in the Monetary and Credit Policy for the year 2002-2003, it was proposed to reduce cash reserve ratio (CRR) by 50 basis points effective
On a review of the present liquidity situation, the Reserve Bank of India has today announced advancement of the date for reduction in cash reserve ratio (CRR). Banks will have to maintain CRR at 5 per cent as against the present level of 5.5 per cent effective next reporting fortnight beginning June 1, 2002. It may be recalled that in the Monetary and Credit Policy for the year 2002-2003, it was proposed to reduce cash reserve ratio (CRR) by 50 basis points effective
ಏಪ್ರಿ 26, 2002
Merger of ICICI Ltd. with ICICI Bank Ltd.
An application for merger of ICICI Ltd. with ICICI Bank Ltd. was submitted to the Reserve Bank of India (RBI) on October 25, 2001 for regulatory approvals. The Reserve Bank examined the request keeping in view the statutory, regulatory and other prudential requirements and the need for compliance by ICICI Bank Ltd. with the various provisions of the Banking Regulation Act, 1949.It will be recalled that the Scheme of Merger has already received the sanction of High Cou
An application for merger of ICICI Ltd. with ICICI Bank Ltd. was submitted to the Reserve Bank of India (RBI) on October 25, 2001 for regulatory approvals. The Reserve Bank examined the request keeping in view the statutory, regulatory and other prudential requirements and the need for compliance by ICICI Bank Ltd. with the various provisions of the Banking Regulation Act, 1949.It will be recalled that the Scheme of Merger has already received the sanction of High Cou
ಏಪ್ರಿ 02, 2002
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on Last Friday of December 2001
'Banking Statistics: Quarterly Handout – December 2001' provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on last Friday of December 2001. The data have been classified according to top hundred centers, states, districts, population groups and bank groups. The primary data have been collected from the scheduled commercial banks through the BSR-7 return. The top hundred centres arranged according to size of deposits accounted fo
'Banking Statistics: Quarterly Handout – December 2001' provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on last Friday of December 2001. The data have been classified according to top hundred centers, states, districts, population groups and bank groups. The primary data have been collected from the scheduled commercial banks through the BSR-7 return. The top hundred centres arranged according to size of deposits accounted fo
ಮಾರ್ಚ್ 28, 2002
RBI Counters in Mumbai and Navi Mumbai to remain open on March 30 and March 31, 2002 for Tax Collection
The Reserve Bank of India counters in Mumbai and Navi Mumbai will be kept open for payment of taxes on Saturday, March 30, 2002 and Sunday, March 31, 2002 as per the normal banking hours available on any other weekday - that is, from 10.30 am to 2.30 pm for cash transactions and upto 4.15 pm for non-cash transactions. Tax payers are advised to take advantage of the arrangements made for their convenience. Alpana Killawala General ManagerPress Release No.2001-2002/1085
The Reserve Bank of India counters in Mumbai and Navi Mumbai will be kept open for payment of taxes on Saturday, March 30, 2002 and Sunday, March 31, 2002 as per the normal banking hours available on any other weekday - that is, from 10.30 am to 2.30 pm for cash transactions and upto 4.15 pm for non-cash transactions. Tax payers are advised to take advantage of the arrangements made for their convenience. Alpana Killawala General ManagerPress Release No.2001-2002/1085
ಮಾರ್ಚ್ 27, 2002
RBI Counters to remain open on March 30 and March 31, 2002 for Tax Collection
Keeping in view the holidays coinciding with the closure of Government accounts for the current financial year (2001-2002) arrangements have been made to receive Government taxes at Reserve Bank of India, Mumbai.Accordingly, the Reserve Bank counters will be kept open for payment of taxes on Saturday, March 30, 2002 and Sunday, March 31, 2002 as per the normal banking hours available on any other weekday - that is, from 10.30 am to 2.30 pm for cash transactions and up
Keeping in view the holidays coinciding with the closure of Government accounts for the current financial year (2001-2002) arrangements have been made to receive Government taxes at Reserve Bank of India, Mumbai.Accordingly, the Reserve Bank counters will be kept open for payment of taxes on Saturday, March 30, 2002 and Sunday, March 31, 2002 as per the normal banking hours available on any other weekday - that is, from 10.30 am to 2.30 pm for cash transactions and up
ಫೆಬ್ರವರಿ 06, 2002
RBI Working Group Report on Consolidated Accounting released on Site for Comments
The Reserve Bank of India has today placed on its website the report of the Working Group on Consolidated Accounting and Other Quantitative Methods to facilitate Consolidated Supervision. The Working Group was headed by Shri Vipin Malik, Director, Bharatiya Note Mudran Limited, Former Director, Central Board of RBI and a Chartered Accountant. It has requested interested parties to offer their suggestions to the Chief General Manager-in-Charge, Department of Banking Op
The Reserve Bank of India has today placed on its website the report of the Working Group on Consolidated Accounting and Other Quantitative Methods to facilitate Consolidated Supervision. The Working Group was headed by Shri Vipin Malik, Director, Bharatiya Note Mudran Limited, Former Director, Central Board of RBI and a Chartered Accountant. It has requested interested parties to offer their suggestions to the Chief General Manager-in-Charge, Department of Banking Op
ಜನವರಿ 24, 2002
Benares State Bank Ltd. under moratorium
On the recommendations of the Reserve Bank of India, Government of India has passed on January 22, 2002, an order of moratorium of the Benares State Bank Ltd. under Section 45(2) of the Banking Regulation Act, 1949, which will remain in force up to and inclusive of April 21, 2002. During the period of moratorium, the bank is permitted to make only those payments as have been specified in the order of moratorium. The order of moratorium has been passed by the Governmen
On the recommendations of the Reserve Bank of India, Government of India has passed on January 22, 2002, an order of moratorium of the Benares State Bank Ltd. under Section 45(2) of the Banking Regulation Act, 1949, which will remain in force up to and inclusive of April 21, 2002. During the period of moratorium, the bank is permitted to make only those payments as have been specified in the order of moratorium. The order of moratorium has been passed by the Governmen
ಜನವರಿ 23, 2002
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on last Friday of September 2001
'Banking Statistics: Quarterly Handout – September 2001' provides data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on last Friday of September 2001.The data have been classified according to top hundred centres, states, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 return.The top hundred centres arranged according to the size of deposits accounte
'Banking Statistics: Quarterly Handout – September 2001' provides data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on last Friday of September 2001.The data have been classified according to top hundred centres, states, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 return.The top hundred centres arranged according to the size of deposits accounte
ಡಿಸೆಂ 24, 2001
Working Group to review the existing norms for the empanelment of statutory auditors, for public sector banks
Keeping in view the changes in financial sector in general and banking in particular, the Reserve Bank of India has decided to revise the existing norms for empanelment of statutory auditors, appointment of statutory central auditors for public sector banks as well as other related matters thereto. For this purpose, a Working Group has been constituted with the following:1.Shri C.R. Muralidharan, Chief General Manager, Department of Banking & Operations, Central O
Keeping in view the changes in financial sector in general and banking in particular, the Reserve Bank of India has decided to revise the existing norms for empanelment of statutory auditors, appointment of statutory central auditors for public sector banks as well as other related matters thereto. For this purpose, a Working Group has been constituted with the following:1.Shri C.R. Muralidharan, Chief General Manager, Department of Banking & Operations, Central O
ಡಿಸೆಂ 19, 2001
Working Group to examine the role of Credit Information Bureau in collection and dissemination of information on suit-filed account and defaulters list
The Reserve Bank of India has constituted a Working Group to operationalise the process of collection and dissemination of data on credit information by the Credit Information Bureau (CIB). Shri S. R. Iyer, Chairman of the Credit Information Bureau (India) Ltd. will head the Working Group. Other members of the Working Group include : Smt. Usha Thorat, Chief General Manager-in-Charge, Internal Debt Management Cell, Reserve Bank of IndiaShri K. C. Bandyopadhyay, Chief G
The Reserve Bank of India has constituted a Working Group to operationalise the process of collection and dissemination of data on credit information by the Credit Information Bureau (CIB). Shri S. R. Iyer, Chairman of the Credit Information Bureau (India) Ltd. will head the Working Group. Other members of the Working Group include : Smt. Usha Thorat, Chief General Manager-in-Charge, Internal Debt Management Cell, Reserve Bank of IndiaShri K. C. Bandyopadhyay, Chief G
ಡಿಸೆಂ 10, 2001
Pay Income-tax dues in advance at any designated bank branch : RBI
The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 810 computerised branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank's/designated b
The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 810 computerised branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank's/designated b
ನವೆಂ 15, 2001
RBI releases Report on Trend and Progress of Banking in India - 2000-01
The Reserve Bank of India has released its Report on Trend and Progress of Banking in India 2000-01. The Report gives a detailed account of the performance of commercial banks, co-operative banks, financial institutions and non-banking financial companies (NBFCs). The Report also gives the developments in policy environment and regulatory and supervisory framework applicable to these financial entities. The Report is divided into five Chapters and contains detailed st
The Reserve Bank of India has released its Report on Trend and Progress of Banking in India 2000-01. The Report gives a detailed account of the performance of commercial banks, co-operative banks, financial institutions and non-banking financial companies (NBFCs). The Report also gives the developments in policy environment and regulatory and supervisory framework applicable to these financial entities. The Report is divided into five Chapters and contains detailed st
ಅಕ್ಟೋ 12, 2001
RBI clarification on Benares State Bank Limited
It may be recalled that the Reserve Bank had issued a directive under Section 35A of the Banking Regulation Act, 1949, restraining the Benares State Bank Limited, among other things, from making payments to depositors exceeding Rs.1000 as at the close of business on September 25, 2001. The directive also stipulated that the bank was permitted to pay salaries to its employees. It can also incur other necessary expenditure for a sum not exceeding Rs. 2500 for carrying o
It may be recalled that the Reserve Bank had issued a directive under Section 35A of the Banking Regulation Act, 1949, restraining the Benares State Bank Limited, among other things, from making payments to depositors exceeding Rs.1000 as at the close of business on September 25, 2001. The directive also stipulated that the bank was permitted to pay salaries to its employees. It can also incur other necessary expenditure for a sum not exceeding Rs. 2500 for carrying o
ಅಕ್ಟೋ 08, 2001
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on last Friday of June 2001
'Banking Statistics: Quarterly Handout – June 2001' provides data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on last Friday of June 2001.The data have been classified according to top hundred centres, states,districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 return. The top hundred centres arranged according to the size of deposits accounted for 58.9
'Banking Statistics: Quarterly Handout – June 2001' provides data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on last Friday of June 2001.The data have been classified according to top hundred centres, states,districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 return. The top hundred centres arranged according to the size of deposits accounted for 58.9
ಸೆಪ್ಟೆಂ 03, 2001
Pay Income-tax dues in advance at any designated bank branch : RBI
The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 810 branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank's/ designated banks' counte
The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 810 branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank's/ designated banks' counte
ಜುಲೈ 05, 2001
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on March 31, 2001
'Banking Statistics: Quarterly Handout – March 2001' providing data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on 31st March 2001, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from all scheduled commercial banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank groups. The top hundred cent
'Banking Statistics: Quarterly Handout – March 2001' providing data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on 31st March 2001, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from all scheduled commercial banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank groups. The top hundred cent
ಜೂನ್ 29, 2001
Directory of Commercial Bank Offices in India in CD-ROM (Vol.-1.0) - December - 2000
The Department of Statistical Analysis and Computer Services has brought out the "Directory of Commercial Bank Offices in India in CD-ROM, Volume-1.0" which presents details of branches of commercial bank offices in India as on December 31, 2000.The CD is query based and it works on multiple platforms, including Windows. Details of 67,784 branches/offices of commercial banks can be accessed through location route such as state, district, centre etc. as well as through
The Department of Statistical Analysis and Computer Services has brought out the "Directory of Commercial Bank Offices in India in CD-ROM, Volume-1.0" which presents details of branches of commercial bank offices in India as on December 31, 2000.The CD is query based and it works on multiple platforms, including Windows. Details of 67,784 branches/offices of commercial banks can be accessed through location route such as state, district, centre etc. as well as through
ಮೇ 11, 2001
Bank financing of Equities and Investments in Shares (Revised Guidelines)
In pursuance of the announcement made in October, 2000 in the Mid-term Review of the Monetary and Credit Policy for the year 2000-2001, the RBI-SEBI Technical Committee had reviewed the RBI guidelines set out in circular dated November 10, 2000 on banks investment in shares as also advances against shares and other connected exposures. Based on the feed back received from banks and market participants on the recommendations made by the Technical Committee and the dra
In pursuance of the announcement made in October, 2000 in the Mid-term Review of the Monetary and Credit Policy for the year 2000-2001, the RBI-SEBI Technical Committee had reviewed the RBI guidelines set out in circular dated November 10, 2000 on banks investment in shares as also advances against shares and other connected exposures. Based on the feed back received from banks and market participants on the recommendations made by the Technical Committee and the dra
ಏಪ್ರಿ 10, 2001
Banks to process NPA Applications by September 30: RBI
The Reserve Bank of India has today advised all public sector banks that they should process all the applications for recovery of dues relating to non-performing assets received up to June 30, 2001 and decide on them not later than September 30, 2001. The Reserve Bank circular was issued to Chairmen and Managing Directors of all public sector banks, taking into account the views expressed by various industry/trade associations, individual borrowers, etc., as also by s
The Reserve Bank of India has today advised all public sector banks that they should process all the applications for recovery of dues relating to non-performing assets received up to June 30, 2001 and decide on them not later than September 30, 2001. The Reserve Bank circular was issued to Chairmen and Managing Directors of all public sector banks, taking into account the views expressed by various industry/trade associations, individual borrowers, etc., as also by s
ಏಪ್ರಿ 09, 2001
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on Last Friday of December 2000
'Banking Statistics: Quarterly Handout – December 2000' providing data on aggregate deposits and gross bank credit of scheduled commercial banks as on last Friday of December 2000, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from the scheduled commercial banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank groups. The
'Banking Statistics: Quarterly Handout – December 2000' providing data on aggregate deposits and gross bank credit of scheduled commercial banks as on last Friday of December 2000, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from the scheduled commercial banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank groups. The
ಏಪ್ರಿ 04, 2001
RBI extends Processing Time for Applications of NPA Recovery till June
The Reserve Bank of India has advised all public sector banks to take decision on the applications for settlement of non-performing assets (NPAs) by June 30, 2001. In a letter addressed to the chief executives of public sector banks, it has advised that they should speedily process all the applications received for settlement of non-performing assets (NPAs) upto March 31, 2001 and take decision on these by June 30, 2001. The Reserve Bank had issued guidelines for reco
The Reserve Bank of India has advised all public sector banks to take decision on the applications for settlement of non-performing assets (NPAs) by June 30, 2001. In a letter addressed to the chief executives of public sector banks, it has advised that they should speedily process all the applications received for settlement of non-performing assets (NPAs) upto March 31, 2001 and take decision on these by June 30, 2001. The Reserve Bank had issued guidelines for reco
ಏಪ್ರಿ 03, 2001
Advisory Group on "Corporate Governance" submits report
The Standing Committee on International Financial Standards and Codes (Chairman: Dr. Y.V. Reddy) constituted the Advisory Group on Corporate Governance under the Chairmanship of Dr. R.H. Patil with Dr. V.V. Desai, Sarvashri Deepak M. Satwalekar, M.G. Bhide, Nandan Nilenkani and Rajendra P. Chitale as members to study the present status of applicability and relevance and compliance of international standards and codes of industrialised and emerging countries and sugges
The Standing Committee on International Financial Standards and Codes (Chairman: Dr. Y.V. Reddy) constituted the Advisory Group on Corporate Governance under the Chairmanship of Dr. R.H. Patil with Dr. V.V. Desai, Sarvashri Deepak M. Satwalekar, M.G. Bhide, Nandan Nilenkani and Rajendra P. Chitale as members to study the present status of applicability and relevance and compliance of international standards and codes of industrialised and emerging countries and sugges
ಮಾರ್ಚ್ 09, 2001
Amalgamation of Bank of Madura Ltd. with ICICI Bank Ltd.
In exercise of the powers contained in sub-section(4) of Section 44A of the Banking Regulation Act, 1949, the Reserve Bank of India sanctioned the Scheme of Amalgamation of Bank of Madura Ltd. with ICICI Bank Ltd. The Scheme shall come into force with effect from March 10, 2001. All the branches/offices of Bank of Madura Ltd. shall from March 10, 2001, function as branches/offices of ICICI Bank Ltd.Alpana Killawala General ManagerPress Release : 2000-01/1255
In exercise of the powers contained in sub-section(4) of Section 44A of the Banking Regulation Act, 1949, the Reserve Bank of India sanctioned the Scheme of Amalgamation of Bank of Madura Ltd. with ICICI Bank Ltd. The Scheme shall come into force with effect from March 10, 2001. All the branches/offices of Bank of Madura Ltd. shall from March 10, 2001, function as branches/offices of ICICI Bank Ltd.Alpana Killawala General ManagerPress Release : 2000-01/1255
ಮಾರ್ಚ್ 01, 2001
Designated Bank Branches to receive Advance Income-tax
For the convenience of income tax (IT) assessees, arrangements have been made for receipt of advance income tax at all the computerised branches of all the public sector banks (approximately 810) in Mumbai and Navi Mumbai, the Reserve Bank of India has stated in a press release. The designated branches are authorised by the income tax department to accept payment of income tax dues. The Reserve Bank has advised assessees to take advantage of these standing arrangement
For the convenience of income tax (IT) assessees, arrangements have been made for receipt of advance income tax at all the computerised branches of all the public sector banks (approximately 810) in Mumbai and Navi Mumbai, the Reserve Bank of India has stated in a press release. The designated branches are authorised by the income tax department to accept payment of income tax dues. The Reserve Bank has advised assessees to take advantage of these standing arrangement
ಫೆಬ್ರವರಿ 27, 2001
Advisory Group on "Insurance Regulation" submits Final Report
It may be recalled that Standing Committee on International Financial Standards and Codes was constituted in December 1999 in order to identify and monitor developments in global standards and codes, consider aspects of applicability of these standards to Indian financial system, periodically review the status and make available its reports to all concerned organisations in public or private sector. The Standing Committee chaired by Deputy Governor, Reserve Bank of In
It may be recalled that Standing Committee on International Financial Standards and Codes was constituted in December 1999 in order to identify and monitor developments in global standards and codes, consider aspects of applicability of these standards to Indian financial system, periodically review the status and make available its reports to all concerned organisations in public or private sector. The Standing Committee chaired by Deputy Governor, Reserve Bank of In
ಫೆಬ್ರವರಿ 16, 2001
Reserve Bank of India reduces the Bank Rate and Cash Reserve Ratio
After a review of recent developments in the international and domestic financial markets, Reserve Bank of India today announced the following measures :A reduction in the Bank Rate by half a percentage point from its present level of 8 per cent to 7.5 per cent effective close of business on February 16, 2001.A reduction in Cash Reserve Ratio (CRR) by 0.5 percentage point from its present level of 8.5 per cent to 8 per cent in two stages by 0.25 percentage point each
After a review of recent developments in the international and domestic financial markets, Reserve Bank of India today announced the following measures :A reduction in the Bank Rate by half a percentage point from its present level of 8 per cent to 7.5 per cent effective close of business on February 16, 2001.A reduction in Cash Reserve Ratio (CRR) by 0.5 percentage point from its present level of 8.5 per cent to 8 per cent in two stages by 0.25 percentage point each
ಫೆಬ್ರವರಿ 07, 2001
BIS Working Group Meets in Delhi for Consultations on New Capital Accord
A Working Group on Capital set up by the Core Principles Liaison Group (CPLG) of the Bank for International Settlements is currently meeting in New Delhi to discuss the proposals of the second consultative paper on the new capital accord. The Basel Committee on Banking Supervision had released the second consultative paper on the new capital accord in January 2001. The first consultative paper was released in June last year.The Working Group on Capital, chaired by Mr.
A Working Group on Capital set up by the Core Principles Liaison Group (CPLG) of the Bank for International Settlements is currently meeting in New Delhi to discuss the proposals of the second consultative paper on the new capital accord. The Basel Committee on Banking Supervision had released the second consultative paper on the new capital accord in January 2001. The first consultative paper was released in June last year.The Working Group on Capital, chaired by Mr.
ಜನವರಿ 18, 2001
Advisory Group on International Accounting and Auditing submits report
The Advisory Group on International Accounting and Auditing submitted its report to the Standing Committee on International Standards and Codes today. The Advisory Group is headed by Shri Y.H.Malegam with Shri N.P.Sarda, Shri Mohindar M.Khanna and Shri T.V.Mohandas Pai as members. The report is available on the RBI website (www.rbi.org.in) It may be recalled that Standing Committee on International Financial Standards and Codes was constituted in December 1999 in orde
The Advisory Group on International Accounting and Auditing submitted its report to the Standing Committee on International Standards and Codes today. The Advisory Group is headed by Shri Y.H.Malegam with Shri N.P.Sarda, Shri Mohindar M.Khanna and Shri T.V.Mohandas Pai as members. The report is available on the RBI website (www.rbi.org.in) It may be recalled that Standing Committee on International Financial Standards and Codes was constituted in December 1999 in orde
ಜನವರಿ 16, 2001
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on Last Friday of September 2000
The 'Banking Statistics: Quarterly Handout – September 2000' providing data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on Last Friday of September 2000, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from the Scheduled Commercial Banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank groups
The 'Banking Statistics: Quarterly Handout – September 2000' providing data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on Last Friday of September 2000, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from the Scheduled Commercial Banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank groups
ಜನವರಿ 16, 2001
Advisory Groups on "Payment and Settlement System" and on "Bankruptcy laws" Submit Reports
It may be recalled that Standing Committee on International Financial Standards and Codes was constituted in December 1999 in order to identify and monitor developments in global standards and codes, consider aspects of applicability of these standards to Indian financial system, periodically review the status and make available its reports to all concerned organisations in public or private sector. The Standing Committee chaired by Deputy Governor, Reserve Bank of In
It may be recalled that Standing Committee on International Financial Standards and Codes was constituted in December 1999 in order to identify and monitor developments in global standards and codes, consider aspects of applicability of these standards to Indian financial system, periodically review the status and make available its reports to all concerned organisations in public or private sector. The Standing Committee chaired by Deputy Governor, Reserve Bank of In
ಜನವರಿ 06, 2001
Aim at being the best: RBI Governor exhorts Indian Financial System
"We have the comparative advantage, we have the resources, we have the manpower and we also have the respect of the world to make our financial system the best in the world. But the task is not easy." Stating this Dr. Bimal Jalan, Governor, Reserve Bank of India appealed to the National Institute for Bank Management and the banking community to debate and come up with a blueprint for the future of the banking system in India in say, another 10-15 years. The Governor w
"We have the comparative advantage, we have the resources, we have the manpower and we also have the respect of the world to make our financial system the best in the world. But the task is not easy." Stating this Dr. Bimal Jalan, Governor, Reserve Bank of India appealed to the National Institute for Bank Management and the banking community to debate and come up with a blueprint for the future of the banking system in India in say, another 10-15 years. The Governor w
ಜನವರಿ 03, 2001
Guidelines on entry of new banks in the private sector
The guidelines for licensing of new banks in the private sector were issued by the Reserve Bank of India (RBI) on January 22, 1993. Out of various applications received, RBI had granted licences to 10 banks. After a review of the experience gained on the functioning of the new banks in the private sector, in consultation with the Government, it has now been decided to revise the licensing guidelines. The revised guidelines for entry of new banks in private sector are
The guidelines for licensing of new banks in the private sector were issued by the Reserve Bank of India (RBI) on January 22, 1993. Out of various applications received, RBI had granted licences to 10 banks. After a review of the experience gained on the functioning of the new banks in the private sector, in consultation with the Government, it has now been decided to revise the licensing guidelines. The revised guidelines for entry of new banks in private sector are
ಡಿಸೆಂ 01, 2000
Income-Tax Payment at Designated Banks Branches
December 1, 2000 The Reserve Bank of India has advised income tax assessees that over 800 branches of public sector banks in Mumbai and Navi Mumbai are authorised to accept payment of income tax dues as a standing arrangement.Income-tax assessees may take advantage of these standing arrangements made for their convenience. The Reserve Bank has also advised income-tax assessees in Mumbai and Navi Mumbai cities to deposit their income tax dues sufficiently in advance to
December 1, 2000 The Reserve Bank of India has advised income tax assessees that over 800 branches of public sector banks in Mumbai and Navi Mumbai are authorised to accept payment of income tax dues as a standing arrangement.Income-tax assessees may take advantage of these standing arrangements made for their convenience. The Reserve Bank has also advised income-tax assessees in Mumbai and Navi Mumbai cities to deposit their income tax dues sufficiently in advance to
ನವೆಂ 29, 2000
RBI Working Group on Risk based Internal Inspection/Audit in Banks
The Reserve Bank of India has set up a multi-disciplinary working group to look into introduction of risk based internal inspection/audit in banks in India and to make suitable recommendations. The composition of the Working Group is:1.Shri G. Sitharaman:Chairman President The Institute of Chartered Accountants of India 2.Shri K. L. Khetarpaul:Member Chief General Manager-in-Charge Reserve Bank of India Department of Banking Supervision Central Office, Mumbai 3.Shri A
The Reserve Bank of India has set up a multi-disciplinary working group to look into introduction of risk based internal inspection/audit in banks in India and to make suitable recommendations. The composition of the Working Group is:1.Shri G. Sitharaman:Chairman President The Institute of Chartered Accountants of India 2.Shri K. L. Khetarpaul:Member Chief General Manager-in-Charge Reserve Bank of India Department of Banking Supervision Central Office, Mumbai 3.Shri A
ನವೆಂ 15, 2000
RBI releases Report on Trend and Progress of Banking in India - 1999-2000
The Reserve Bank of India today released its Report on Trend and Progress of Banking in India - 1999-2000. The Report gives a detailed account of the performance of commercial banks, cooperative banks, development financial institutions and non-bank finance companies. In addition, the Report also gives policies and regulatory environment under which these institutions operate. The first chapter captures the banking developments and perspectives. In particular, attenti
The Reserve Bank of India today released its Report on Trend and Progress of Banking in India - 1999-2000. The Report gives a detailed account of the performance of commercial banks, cooperative banks, development financial institutions and non-bank finance companies. In addition, the Report also gives policies and regulatory environment under which these institutions operate. The first chapter captures the banking developments and perspectives. In particular, attenti
ನವೆಂ 10, 2000
Working Group on Consolidated Accounting to Facilitate Consolidated Supervision
The Reserve Bank of India has set up a multi-disciplinary working group to look into the introduction of consolidated accounting and other quantitative techniques of consolidated supervision of bank groups. The composition of the Working Group is: 1. Shri Vipin MallikChairman Chartered Accountant Member, Central Board of Directors, Reserve Bank of India 2. Shri K L KhetarpaulMember Chief General Manager-in-charge Reserve Bank of India Department of Banking Supervision
The Reserve Bank of India has set up a multi-disciplinary working group to look into the introduction of consolidated accounting and other quantitative techniques of consolidated supervision of bank groups. The composition of the Working Group is: 1. Shri Vipin MallikChairman Chartered Accountant Member, Central Board of Directors, Reserve Bank of India 2. Shri K L KhetarpaulMember Chief General Manager-in-charge Reserve Bank of India Department of Banking Supervision
ಅಕ್ಟೋ 16, 2000
Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks : Quarterly Handout : June 2000
The 'Banking Statistics: Quarterly Handout - June 2000' providing data on aggregate deposits and gross bank credit of scheduled commercial banks as on last Friday of June 2000 with various classifications, has been published by the Reserve Bank of India. The primary data have been collected from the scheduled commercial banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank groups. The p
The 'Banking Statistics: Quarterly Handout - June 2000' providing data on aggregate deposits and gross bank credit of scheduled commercial banks as on last Friday of June 2000 with various classifications, has been published by the Reserve Bank of India. The primary data have been collected from the scheduled commercial banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank groups. The p
ಅಕ್ಟೋ 05, 2000
No Change in Bank Rate /CRR considered : RBI Governor
In response to a question from media persons on the sidelines of the Sixth Annual Seminar on Mutual Fund Industry, Dr. Bimal Jalan, Governor, Reserve Bank of India confirmed that "The mid-term review of the Monetary and Credit Policy, will be an absolutely routine exercise." He further added that the policy will review the developments in the economy and financial markets, including the forex market, since April. "No change in Bank Rate or Cash Reserve Ratio(CRR) is b
In response to a question from media persons on the sidelines of the Sixth Annual Seminar on Mutual Fund Industry, Dr. Bimal Jalan, Governor, Reserve Bank of India confirmed that "The mid-term review of the Monetary and Credit Policy, will be an absolutely routine exercise." He further added that the policy will review the developments in the economy and financial markets, including the forex market, since April. "No change in Bank Rate or Cash Reserve Ratio(CRR) is b
ಸೆಪ್ಟೆಂ 28, 2000
RBI Working Group on Discount of Bills submits Report
Making bill finance available at interest rates lower than loan or cash credit, freedom to individual banks to lay down norms, abolition of stamp duty on bills of usance up to 182 days and exemption from stamp duty to financial institutions and registered non-banking finance companies are some of the recommendations of the Working Group on Discounting of Bills by Banks. The Working Group has also recommended allowing borrowers to discount bills drawn under letters of
Making bill finance available at interest rates lower than loan or cash credit, freedom to individual banks to lay down norms, abolition of stamp duty on bills of usance up to 182 days and exemption from stamp duty to financial institutions and registered non-banking finance companies are some of the recommendations of the Working Group on Discounting of Bills by Banks. The Working Group has also recommended allowing borrowers to discount bills drawn under letters of
ಸೆಪ್ಟೆಂ 26, 2000
Advisory Group on Insurance Regulation - Part I
The Standing Committee on International Financial Standards and Codes (Chairman Dr. Y. V. Reddy) appointed 10 Advisory Groups of which Advisory Group on Insurance Regulation is one. The Group is chaired by Shri R. Ramakrishnan, former Executive Director, Life Insurance Corporation of India with Shri L. P. Venkataraman, Shri R. C. Rao, Shri T. G. Menon, Shri N. C. Gupta, as members. The Advisory Group has submitted Part I of the report. In accordance with the terms of
The Standing Committee on International Financial Standards and Codes (Chairman Dr. Y. V. Reddy) appointed 10 Advisory Groups of which Advisory Group on Insurance Regulation is one. The Group is chaired by Shri R. Ramakrishnan, former Executive Director, Life Insurance Corporation of India with Shri L. P. Venkataraman, Shri R. C. Rao, Shri T. G. Menon, Shri N. C. Gupta, as members. The Advisory Group has submitted Part I of the report. In accordance with the terms of
ಸೆಪ್ಟೆಂ 22, 2000
Advisory Group on Banking Supervision - Part I
The Standing Committee on International Financial Standards and Codes (Chairman : Dr. Y. V. Reddy) had appointed ten Advisory Groups of which Advisory Group on Banking Supervision is one. The Group is chaired by Shri M. S. Verma, former Chairman, State Bank of India, with Shri K. R. Ramamoorthy, Shri H. N. Sinor and Shri Janki Ballabh as members. The Advisory Group has submitted Part I of its Report which deals with corporate governance in banks, supervision of cross
The Standing Committee on International Financial Standards and Codes (Chairman : Dr. Y. V. Reddy) had appointed ten Advisory Groups of which Advisory Group on Banking Supervision is one. The Group is chaired by Shri M. S. Verma, former Chairman, State Bank of India, with Shri K. R. Ramamoorthy, Shri H. N. Sinor and Shri Janki Ballabh as members. The Advisory Group has submitted Part I of its Report which deals with corporate governance in banks, supervision of cross
ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಮೊಬೈಲ್ ಅಪ್ಲಿಕೇಶನ್ ಅನ್ನು ಇನ್ಸ್ಟಾಲ್ ಮಾಡಿ ಮತ್ತು ಇತ್ತೀಚಿನ ಸುದ್ದಿಗಳಿಗೆ ತ್ವರಿತ ಅಕ್ಸೆಸ್ ಪಡೆಯಿರಿ!
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಜುಲೈ 31, 2024
