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മേയ് 18, 2006
RBI constitutes Working Group to formulate a scheme for ensuring reasonableness of the bank charges
The Reserve Bank of India today constituted a Working Group to formulate a scheme for ensuring reasonableness of bank charges and to incorporate them in the Fair Practices Code. The compliance of Fair Practices Code would be monitored by the Banking Codes and Standards Board of India. The members of the Working Group will be: 1. Shri N. Sadasivan, Banking Ombudsman, Mumbai – Chairman 2. Shri S. Diwakara, All India Depositors' Association 3. Shri H.N. Sinor, Chief Exec
The Reserve Bank of India today constituted a Working Group to formulate a scheme for ensuring reasonableness of bank charges and to incorporate them in the Fair Practices Code. The compliance of Fair Practices Code would be monitored by the Banking Codes and Standards Board of India. The members of the Working Group will be: 1. Shri N. Sadasivan, Banking Ombudsman, Mumbai – Chairman 2. Shri S. Diwakara, All India Depositors' Association 3. Shri H.N. Sinor, Chief Exec
മേയ് 10, 2006
Scheduled Banks' Statement of Position in India as on Friday, April 28, 2006
(Amount in Crores of Rupees)        Scheduled Commercial banks (Including RRBs) All Scheduled Banks   I Liabilities to the Bkg. System (A) 29.04.2005 14.04.2006 28.04.2006 29.04.2005 14.04.2006 28.04.2006 Variation (SCBs)   a. Demand & Time deposits from bks. 37391.84 35689.52 33191.46 38944.29 37404.23 34895.98 -2498.06   b. Borrowings from banks 29625.12 28397.25 29318.44 29669.63 28413.87 29338.68 921.19   c. Other demand
(Amount in Crores of Rupees)        Scheduled Commercial banks (Including RRBs) All Scheduled Banks   I Liabilities to the Bkg. System (A) 29.04.2005 14.04.2006 28.04.2006 29.04.2005 14.04.2006 28.04.2006 Variation (SCBs)   a. Demand & Time deposits from bks. 37391.84 35689.52 33191.46 38944.29 37404.23 34895.98 -2498.06   b. Borrowings from banks 29625.12 28397.25 29318.44 29669.63 28413.87 29338.68 921.19   c. Other demand
ഏപ്രി 26, 2006
Scheduled Banks' Statement of Position in India as on Friday, April 14, 2006
(Amount in Crores of Rupees)     SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS     (Including RRBs)   I LIABILITIES TO THE BKG.SYSTEM (A) 15.04.2005 31.03.2006 14.04.2006 15.04.2005 31.03.2006 14.04.2006                   a) Demand & Time deposits from bks. 38136.37 33666.81 35689.52 39697.48 35326.52 37404.23   b) Borrowings from banks 31734.19 29511.55 28397.25 31778.39 29576.54 28413.87
(Amount in Crores of Rupees)     SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS     (Including RRBs)   I LIABILITIES TO THE BKG.SYSTEM (A) 15.04.2005 31.03.2006 14.04.2006 15.04.2005 31.03.2006 14.04.2006                   a) Demand & Time deposits from bks. 38136.37 33666.81 35689.52 39697.48 35326.52 37404.23   b) Borrowings from banks 31734.19 29511.55 28397.25 31778.39 29576.54 28413.87
ഏപ്രി 12, 2006
Scheduled Banks' Statement of Position in India as on Friday, March 31, 2006
(Amount in Crores of Rupees)     SCHEDULED COMMERCIAL BANKS   ALL SCHEDULED BANKS         (Including RRBs)             I LIABILITIES TO THE BKG.SYSTEM (A) 01.04.2005 17.03.2006 * 31.03.2006 * 01.04.2005 17.03.2006 * 31.03.2006 *                           a) Demand & Time deposits from bks. 43507.10 32680.48   33666.81   45138.
(Amount in Crores of Rupees)     SCHEDULED COMMERCIAL BANKS   ALL SCHEDULED BANKS         (Including RRBs)             I LIABILITIES TO THE BKG.SYSTEM (A) 01.04.2005 17.03.2006 * 31.03.2006 * 01.04.2005 17.03.2006 * 31.03.2006 *                           a) Demand & Time deposits from bks. 43507.10 32680.48   33666.81   45138.
ഏപ്രി 05, 2006
Credit Information Companies (Regulation) Act, 2005: RBI releases Draft Rules and Regulations for Feedback
The Reserve Bank of India today released for feedback the draft Rules and Regulations under the Credit Information Companies (Regulation) Act, 2005. It has requested for comments/views to be sent to the Chief General Manager-in-charge, Department of Banking Operations and Development, 5th Floor, World Trade Centre, Mumbai 400 005 on or before April 15, 2006. It may be recalled that the Credit Information Companies (Regulation) Act, 2005 was passed in May 2005 and noti
The Reserve Bank of India today released for feedback the draft Rules and Regulations under the Credit Information Companies (Regulation) Act, 2005. It has requested for comments/views to be sent to the Chief General Manager-in-charge, Department of Banking Operations and Development, 5th Floor, World Trade Centre, Mumbai 400 005 on or before April 15, 2006. It may be recalled that the Credit Information Companies (Regulation) Act, 2005 was passed in May 2005 and noti
മാർ 31, 2006
Scheduled Banks' Statement of Position in India as on Friday, March 17, 2006
(Amount in Crores of Rupees)        Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 18.03.2005 03.03.2006* 17.03.2006* 18.03.2005 03.03.2006* 17.03.2006*   a. Demand & Time deposits from bks. 36308.13 31372.28 32680.48 37829.99 32986.83 34312.71**   b. Borrowings from banks 27615.93 27196.13 30567.06 27762.95 27222.43 30632.99   c. Other demand & time liabilities 3124.54 90
(Amount in Crores of Rupees)        Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 18.03.2005 03.03.2006* 17.03.2006* 18.03.2005 03.03.2006* 17.03.2006*   a. Demand & Time deposits from bks. 36308.13 31372.28 32680.48 37829.99 32986.83 34312.71**   b. Borrowings from banks 27615.93 27196.13 30567.06 27762.95 27222.43 30632.99   c. Other demand & time liabilities 3124.54 90
മാർ 24, 2006
RBI takes penal action against Jammu and Kashmir Bank Ltd.
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act 1949, has imposed a monetary penalty of Rs.5.00 lakhs (Rupees five lakhs only) on Jammu and Kashmir Bank Ltd., for violation of Sec 20(1) of Banking Regulation Act 1949. While granting Letter of Credit facilities to one of its constituents, the bank had failed to ensure that adequate and effective arrangements were made by the constit
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act 1949, has imposed a monetary penalty of Rs.5.00 lakhs (Rupees five lakhs only) on Jammu and Kashmir Bank Ltd., for violation of Sec 20(1) of Banking Regulation Act 1949. While granting Letter of Credit facilities to one of its constituents, the bank had failed to ensure that adequate and effective arrangements were made by the constit
മാർ 16, 2006
RBI and 894 branches of Banks to accept Advance Income Tax
As many as 894 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of the income tax assesses. Of the 894 bank branches 833 branches are public sector bank branches, 23 HDFC bank branches, 9 ICICI bank branches, 16 UTI bank branches and 13 IDBI bank branches. The Reserve Bank of India has advised income tax assesses to take advantage of these standing
As many as 894 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of the income tax assesses. Of the 894 bank branches 833 branches are public sector bank branches, 23 HDFC bank branches, 9 ICICI bank branches, 16 UTI bank branches and 13 IDBI bank branches. The Reserve Bank of India has advised income tax assesses to take advantage of these standing
മാർ 14, 2006
Scheduled Banks' Statement of Position in India as on Friday, March 3 , 2006
(Amount in Crores of Rupees)      Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 04.03.2005 17.02.2006* 03.03.2006* 04.03.2005 17.02.2006* 03.03.2006*   a. Demand & Time deposits from bks. 36388.04 29686.40 31372.28 37932.59 31317.53 32986.83**   b. Borrowings from banks 23905.52 24738.16 27196.13 23970.94 24756.60 27222.43   c. Other demand & time liabilities 3103.73 7801.74 9
(Amount in Crores of Rupees)      Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 04.03.2005 17.02.2006* 03.03.2006* 04.03.2005 17.02.2006* 03.03.2006*   a. Demand & Time deposits from bks. 36388.04 29686.40 31372.28 37932.59 31317.53 32986.83**   b. Borrowings from banks 23905.52 24738.16 27196.13 23970.94 24756.60 27222.43   c. Other demand & time liabilities 3103.73 7801.74 9
മാർ 14, 2006
Credit to Farmers
1. Context and Perception There is a perception that credit to farmers is priced higher than commensurate with the level of properly-assessed risk. This is a perception that has been articulated by the Reserve Bank also in the recent past (See Annex). The budget measures are thus contextually relevant. It may be noted that the main thrust of the budget announcement is to provide some relief to farmers through fiscal measures rather than cross-subsidisation within the
1. Context and Perception There is a perception that credit to farmers is priced higher than commensurate with the level of properly-assessed risk. This is a perception that has been articulated by the Reserve Bank also in the recent past (See Annex). The budget measures are thus contextually relevant. It may be noted that the main thrust of the budget announcement is to provide some relief to farmers through fiscal measures rather than cross-subsidisation within the

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