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ଡିସେମ୍ବର 08, 2004
Graded Interest Rates on Deposits with SIDBI in lieu of Shortfall in Priority Sector Obligations
RBI/ 2004-05/292 RPCD.PLNFS.BC.No. 61 /06.02.31(WG)2004-05 December 08, 2004 The Chief Executive Officer (All foreign banks operating in India) Dear Sir, Working Group on Flow of Credit to SSI Sector - Interest Rates on Deposits with SIDBI in lieu of Shortfall in Priority Sector Obligations Please refer to our circular RPCD.Plan.BC.41/04.09.09/2003-04 dated November 03, 2003 regarding the interest rate on deposits placed with SIDBI. 2. In this connection, a reference
RBI/ 2004-05/292 RPCD.PLNFS.BC.No. 61 /06.02.31(WG)2004-05 December 08, 2004 The Chief Executive Officer (All foreign banks operating in India) Dear Sir, Working Group on Flow of Credit to SSI Sector - Interest Rates on Deposits with SIDBI in lieu of Shortfall in Priority Sector Obligations Please refer to our circular RPCD.Plan.BC.41/04.09.09/2003-04 dated November 03, 2003 regarding the interest rate on deposits placed with SIDBI. 2. In this connection, a reference
ଡିସେମ୍ବର 08, 2004
Relaxation in Service Area Norms
RBI//2004-05/293 RPCD.LBS(SAA).BC. No.62 /08.01.00/2004-05 December 8, 2004 The Chairman/Managing Director, All Scheduled Commercial Banks (including RRBs) Dear Sir, Rural Lending – Service Area Approach – Review –Relaxation in Service Area Norms The Service Area Approach (SAA) introduced in April 1989, in order to bring about an orderly and planned development of rural and semi- urban areas of the country, was extended to all Indian scheduled commercial banks includi
RBI//2004-05/293 RPCD.LBS(SAA).BC. No.62 /08.01.00/2004-05 December 8, 2004 The Chairman/Managing Director, All Scheduled Commercial Banks (including RRBs) Dear Sir, Rural Lending – Service Area Approach – Review –Relaxation in Service Area Norms The Service Area Approach (SAA) introduced in April 1989, in order to bring about an orderly and planned development of rural and semi- urban areas of the country, was extended to all Indian scheduled commercial banks includi
ନଭେମ୍ବର 24, 2004
Flow of Credit to Agriculture-Announcements made by the Union Finance Minister
RBI/2004-2005/283 RPCD.PLFS.BC.No 60/05.02.02/2004-05 November 24,2004 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (except RRBs) Dear Sir, Flow of Credit to Agriculture-Announcements made by the Union Finance Minister Please refer to our circular RPCD.Plan.BC.92/04.09.01/2004-05 dated June 24, 2004 advising you certain measures announced by the Union Finance Minister for improving flow of credit to agriculture. 2. In terms
RBI/2004-2005/283 RPCD.PLFS.BC.No 60/05.02.02/2004-05 November 24,2004 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (except RRBs) Dear Sir, Flow of Credit to Agriculture-Announcements made by the Union Finance Minister Please refer to our circular RPCD.Plan.BC.92/04.09.01/2004-05 dated June 24, 2004 advising you certain measures announced by the Union Finance Minister for improving flow of credit to agriculture. 2. In terms
ନଭେମ୍ବର 08, 2004
Personal Accident Insurance Scheme (PAIS) for KCC holders - Renewal of Master Policy-clarification

RBI/2004/274RPCD.PLFS.BC.NO 58 /05.05.09/2004-05 November 8,2004 The Chairman & Managing Director/CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Personal Accident Insurance Scheme (PAIS) for KCC holders - Renewal of Master Policy-clarification Please refer to our Circular RPCD.PLFS.BC.NO.24/05.05.09/2004-05 dated August 28, 2004, regarding renewal of the Master Policy under the Personal Accident Insurance Scheme for a period of one year on the exist

RBI/2004/274RPCD.PLFS.BC.NO 58 /05.05.09/2004-05 November 8,2004 The Chairman & Managing Director/CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Personal Accident Insurance Scheme (PAIS) for KCC holders - Renewal of Master Policy-clarification Please refer to our Circular RPCD.PLFS.BC.NO.24/05.05.09/2004-05 dated August 28, 2004, regarding renewal of the Master Policy under the Personal Accident Insurance Scheme for a period of one year on the exist

ନଭେମ୍ବର 01, 2004
Banks advised to fix Ceiling on Interest Rates on FCNR(B) Deposits on Monthly Basis
RBI/2004-05/267 RPCD.CO.RF.BC 54 /07.38.01/2004-05 November 1, 2004 The Managing Director Maharashtra State Co-operative Bank Ltd. 9, Nagindas Master Road Extension, Fort Mumbai-1 Dear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05-Foreign Currency Non-Resident (Banks)- FCNR(B) Accounts Please refer to paragraph 72 of the Mid-term review of the Annual Policy Statement for the year 2004-05 (copy of paragraph enclosed). 2. At present, banks are fre
RBI/2004-05/267 RPCD.CO.RF.BC 54 /07.38.01/2004-05 November 1, 2004 The Managing Director Maharashtra State Co-operative Bank Ltd. 9, Nagindas Master Road Extension, Fort Mumbai-1 Dear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05-Foreign Currency Non-Resident (Banks)- FCNR(B) Accounts Please refer to paragraph 72 of the Mid-term review of the Annual Policy Statement for the year 2004-05 (copy of paragraph enclosed). 2. At present, banks are fre
ନଭେମ୍ବର 01, 2004
Minimum Tenor of Domestic Term Deposits Reduced from 15 Days to 7 Days
RBI/2004-05/268RPCD.CO.RF.BC 55/07.38.01/2004-05 November 1, 2004All State and District Central Co-operative BanksDear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05- Reduction of Tenor of Domestic/ Ordinary Non-Resident (NRO) Term Deposits Please refer to paragraph 1(i) of our circular RPCD.No.RF.DIR.BC.77/07.38.01/2000-01 dated April 19, 2001. At present, the banks can accept term deposits of Rs.15 lakh and above for a minimum maturity period o
RBI/2004-05/268RPCD.CO.RF.BC 55/07.38.01/2004-05 November 1, 2004All State and District Central Co-operative BanksDear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05- Reduction of Tenor of Domestic/ Ordinary Non-Resident (NRO) Term Deposits Please refer to paragraph 1(i) of our circular RPCD.No.RF.DIR.BC.77/07.38.01/2000-01 dated April 19, 2001. At present, the banks can accept term deposits of Rs.15 lakh and above for a minimum maturity period o
ଅକ୍ଟୋବର 26, 2004
Financing of Distressed Urban Poor
RBI/2004/238 RPCD. Plan. BC. No. 45 /04.09.01/2004-05 October 26, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Financing of Distressed Urban Poor Please refer to paragraph No. 84 of the Governor's Statement on Mid-Term Review of the Annual Policy for the year 2004-05 dated October 26, 2004 (copy of the paragraph enclosed). With a view to bringing in urban poor into formal financial system, it has been decided that banks
RBI/2004/238 RPCD. Plan. BC. No. 45 /04.09.01/2004-05 October 26, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Financing of Distressed Urban Poor Please refer to paragraph No. 84 of the Governor's Statement on Mid-Term Review of the Annual Policy for the year 2004-05 dated October 26, 2004 (copy of the paragraph enclosed). With a view to bringing in urban poor into formal financial system, it has been decided that banks
ଅକ୍ଟୋବର 26, 2004
Banks to Increase Disbursements to Small/Marginal Farmers
RBI/ 2004-2005/240RPCD. PLFS. BC. No. 47 /05.05.13/2004-05 October 26,2004 The Chairman / Managing Director/ Chief Executive Officer Indian Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Lending to small and marginal farmers Please refer to paragraph No. 79 of the Governor’s Statement on Mid-Term Review of the Annual Policy for the year 2004-05 (copy of paragraph enclosed). As recommended by the Advisory Committee on Flow of Credit to Agricultur
RBI/ 2004-2005/240RPCD. PLFS. BC. No. 47 /05.05.13/2004-05 October 26,2004 The Chairman / Managing Director/ Chief Executive Officer Indian Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Lending to small and marginal farmers Please refer to paragraph No. 79 of the Governor’s Statement on Mid-Term Review of the Annual Policy for the year 2004-05 (copy of paragraph enclosed). As recommended by the Advisory Committee on Flow of Credit to Agricultur
ଅକ୍ଟୋବର 26, 2004
Composite Loan Limit for SSIs Enhanced

RBI/2004-2005/235 RPCD.PLNFS.BC.No. 42 /06. 02.31/2004-05 October 26, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (Including RRBs & Local Area Banks)  Dear Sir, Credit Facilities for Small Scale Industries (SSIs)- Enhancement of Composite Loan Limits Please refer to our letter RPCD. PLNFS. No. 2292/06.02.28 (i) /2002-03 dated June 13, 2003 in terms of which banks were advised to increase the limit of the composite loan from Rs. 25 lakh

RBI/2004-2005/235 RPCD.PLNFS.BC.No. 42 /06. 02.31/2004-05 October 26, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (Including RRBs & Local Area Banks)  Dear Sir, Credit Facilities for Small Scale Industries (SSIs)- Enhancement of Composite Loan Limits Please refer to our letter RPCD. PLNFS. No. 2292/06.02.28 (i) /2002-03 dated June 13, 2003 in terms of which banks were advised to increase the limit of the composite loan from Rs. 25 lakh

ଅକ୍ଟୋବର 26, 2004
Ceiling for Housing Loan under Priority Sector Enhanced
RBI/2004-2005/237RPCD.PLNFS.BC. No. 44/06.11.01/2004-05 October 26, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (Including RRBs & Local Area Banks) Dear Sir, Priority Sector Lending - Housing Loan: Enhancement of ceiling Please refer to paragraph 3.7.1 of Section I of the Master Circular RPCD.No.Plan.BC. 7/04.09.01/2004-05 dated July 20, 2004 on lending to priority sector in terms of which bank loans up to Rs. 10 lakh for construction of hou
RBI/2004-2005/237RPCD.PLNFS.BC. No. 44/06.11.01/2004-05 October 26, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (Including RRBs & Local Area Banks) Dear Sir, Priority Sector Lending - Housing Loan: Enhancement of ceiling Please refer to paragraph 3.7.1 of Section I of the Master Circular RPCD.No.Plan.BC. 7/04.09.01/2004-05 dated July 20, 2004 on lending to priority sector in terms of which bank loans up to Rs. 10 lakh for construction of hou
ଅକ୍ଟୋବର 26, 2004
Banks' Investments in Securitised Assets to be treated as Direct Lending to SSI Sector
RBI/2004-2005/236 RPCD.PLNFS.BC.No. 43 /06.02.31/2004-05 October 26, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (Including RRBs & Local Area Banks) Dear Sir, Priority Sector Lending - Investment by banks in securitized assets pertaining to SSI sector Please refer to paragraph 82 of the Mid-Term Review of Annual Policy Statement for the year 2004-05 dated October 26, 2004 (copy of the paragraph enclosed). In order to encourage securitization
RBI/2004-2005/236 RPCD.PLNFS.BC.No. 43 /06.02.31/2004-05 October 26, 2004 The Chairman/Managing Director All Scheduled Commercial Banks (Including RRBs & Local Area Banks) Dear Sir, Priority Sector Lending - Investment by banks in securitized assets pertaining to SSI sector Please refer to paragraph 82 of the Mid-Term Review of Annual Policy Statement for the year 2004-05 dated October 26, 2004 (copy of the paragraph enclosed). In order to encourage securitization
ଅକ୍ଟୋବର 15, 2004
Banks to implement Vyas Committee Recommendations
RBI/2004-05/219 RPCD.Plan.BC.No.40 /04.09.01/2004-05 October 15, 2004   The Chairman/ Managing Director/Chief Executive Officer (All scheduled commercial banks) Dear Sir/ Madam,   The Advisory Committee on Flow of Credit to Agriculture and Related Activities from the Banking System Please refer to our circular RPCD.Plan.BC.10/04.09.01/2004-05 dated July 26, 2004 communicating some of the accepted recommendations of the above Committee set up under the chairm
RBI/2004-05/219 RPCD.Plan.BC.No.40 /04.09.01/2004-05 October 15, 2004   The Chairman/ Managing Director/Chief Executive Officer (All scheduled commercial banks) Dear Sir/ Madam,   The Advisory Committee on Flow of Credit to Agriculture and Related Activities from the Banking System Please refer to our circular RPCD.Plan.BC.10/04.09.01/2004-05 dated July 26, 2004 communicating some of the accepted recommendations of the above Committee set up under the chairm
ଅକ୍ଟୋବର 12, 2004
PMRY Target for 2004 - 05 Revised
RBI /2004-05/ 216 RPCD.PLNFS.BC. No. 39 / 09.04.01 /2004-2005 October 12, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Revised Target for achievement under the PMRY for the year 2004 – 05 . Please refer to our earlier circular RBI/2004/156-RPCD.PLNFS.BC.75/09.04.01/2003 –2004 dated April 19, 2004 on the captioned subject. 2. We advise that Ministry of A&RI, Government of India have since revised the targets
RBI /2004-05/ 216 RPCD.PLNFS.BC. No. 39 / 09.04.01 /2004-2005 October 12, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Revised Target for achievement under the PMRY for the year 2004 – 05 . Please refer to our earlier circular RBI/2004/156-RPCD.PLNFS.BC.75/09.04.01/2003 –2004 dated April 19, 2004 on the captioned subject. 2. We advise that Ministry of A&RI, Government of India have since revised the targets
ଅକ୍ଟୋବର 04, 2004
KCC Scheme Revised
RBI/2004-05/204 RPCD. PLFS.BC. NO. 38 /05.05.09/2004-05 October 4, 2004 The Chairman and Managing Director All Scheduled commercial Banks Dear Sir, KCC Scheme Revised Please refer to our circular RPCD.PLFS.BC.NO 20/05.05.09/98-99 dated August 5,1998 advising you to introduce Kisan Credit Card Scheme on the lines of the Model Scheme prepared by NABARD. 2.The Kisan Credit Card (KCC) Scheme introduced in August 1998, has since stabilised, with major share of crop loans b
RBI/2004-05/204 RPCD. PLFS.BC. NO. 38 /05.05.09/2004-05 October 4, 2004 The Chairman and Managing Director All Scheduled commercial Banks Dear Sir, KCC Scheme Revised Please refer to our circular RPCD.PLFS.BC.NO 20/05.05.09/98-99 dated August 5,1998 advising you to introduce Kisan Credit Card Scheme on the lines of the Model Scheme prepared by NABARD. 2.The Kisan Credit Card (KCC) Scheme introduced in August 1998, has since stabilised, with major share of crop loans b
ସେପ୍ଟେମ୍ବର 24, 2004
PMRY - Cut off date for Completion of disbursement for the programme year 2003 -2004 - extended to 15.11.2004.

RBI /2004-05/ 190 RPCD.PLNFS.BC. No. 35 / 09.04.01 /2004-2005 September 24, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, PMRY – Cut off date for Completion of disbursement for the programme year 2003 –2004 – extended to 15.11.2004. In view of the large number of cases remaining undisbursed by banks, it has been decided by the Govt. of India to extend the cut off date for completion of disbursement for the cases

RBI /2004-05/ 190 RPCD.PLNFS.BC. No. 35 / 09.04.01 /2004-2005 September 24, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, PMRY – Cut off date for Completion of disbursement for the programme year 2003 –2004 – extended to 15.11.2004. In view of the large number of cases remaining undisbursed by banks, it has been decided by the Govt. of India to extend the cut off date for completion of disbursement for the cases

ସେପ୍ଟେମ୍ବର 24, 2004
Revised Target under PMRY for 2004-05

RBI /2004-05/ 191 RPCD.PLNFS.BC. No. 36 / 09.04.01 /2004-2005 September 24 , 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Target for achievement under the PMRY for the year 2004 – 05 – revision reg. Please refer to our earlier circular RBI/2004/156-RPCD.PLNFS.BC.75/09.04.01/2003 –2004 dated April 19, 2004 on the captioned subject. 2. We advise that Government of India have since revised the targets for the state

RBI /2004-05/ 191 RPCD.PLNFS.BC. No. 36 / 09.04.01 /2004-2005 September 24 , 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Target for achievement under the PMRY for the year 2004 – 05 – revision reg. Please refer to our earlier circular RBI/2004/156-RPCD.PLNFS.BC.75/09.04.01/2003 –2004 dated April 19, 2004 on the captioned subject. 2. We advise that Government of India have since revised the targets for the state

ସେପ୍ଟେମ୍ବର 15, 2004
Priority Sector Lending - Classification of advances

RBI/2004-05/178 RPCD. Plan. BC. No. 33 /04.09.01/2004-05 September 15, 2004 The Chairman/ Managing Director/ Chief Executive Officer (All scheduled commercial banks) Dear Sir, Priority Sector Lending – Classification of advances It has come to our notice that some banks have been classifying the advances to food and agro-based processing sector units, whose investment in plant & machinery is above Rs. 5 crore, as also housing loans exceeding Rs. 10 lakh, under pri

RBI/2004-05/178 RPCD. Plan. BC. No. 33 /04.09.01/2004-05 September 15, 2004 The Chairman/ Managing Director/ Chief Executive Officer (All scheduled commercial banks) Dear Sir, Priority Sector Lending – Classification of advances It has come to our notice that some banks have been classifying the advances to food and agro-based processing sector units, whose investment in plant & machinery is above Rs. 5 crore, as also housing loans exceeding Rs. 10 lakh, under pri

ସେପ୍ଟେମ୍ବର 04, 2004
Working Group on Flow of Credit to SSI Sector
RBI/ 2004-05/ 162 RPCD/PLNFS/BC.28 /06.02.31(WG)2004-05 September 4, 2004 Chairman/Managing Director (All Scheduled Commercial Banks including RRBs) Dear Sir, Working Group on Flow of Credit to SSI Sector The above Group constituted under the Chairmanship of Dr.A.S.Ganguly had submitted its report to the Reserve Bank of India. While some of the recommendations of the Group need to be examined further, the following recommendations have been accepted and are being forw
RBI/ 2004-05/ 162 RPCD/PLNFS/BC.28 /06.02.31(WG)2004-05 September 4, 2004 Chairman/Managing Director (All Scheduled Commercial Banks including RRBs) Dear Sir, Working Group on Flow of Credit to SSI Sector The above Group constituted under the Chairmanship of Dr.A.S.Ganguly had submitted its report to the Reserve Bank of India. While some of the recommendations of the Group need to be examined further, the following recommendations have been accepted and are being forw
ଅଗଷ୍ଟ 27, 2004
Implementation of PMRY- Modifications in Norms( Himachal Pradesh)
RBI /2004-05/145 RPCD.PLNFS.BC. No.22/09.04.06/2004-2005 August 27, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Implementation of PMRY- Modifications in Norms( Himachal Pradesh) Please refer to our earlier circular RPCD.No.SP.BC.26/09.04.01/2001–2002 dated September 19, 2001 regarding the decision of the 11th High Powered Committee on the PMRY that banks having less than 5 branches shall not be allocated target
RBI /2004-05/145 RPCD.PLNFS.BC. No.22/09.04.06/2004-2005 August 27, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Implementation of PMRY- Modifications in Norms( Himachal Pradesh) Please refer to our earlier circular RPCD.No.SP.BC.26/09.04.01/2001–2002 dated September 19, 2001 regarding the decision of the 11th High Powered Committee on the PMRY that banks having less than 5 branches shall not be allocated target
ଜୁଲାଇ 30, 2004
Implementation of PMRY- Modifications in Norms
RBI/2004-05/80 RPCD.PLNFS.BC. No. 11 / 09.04.06 /2004-2005 July 30, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Implementation of PMRY- Modifications in Norms As per the decision of the meeting held on 28.05.2004 under the chairmanship of Secretary (SSI&ARI), Government of India, the following modifications have been suggested in implementation of PMRY in order to make the scheme more effective: The Block L
RBI/2004-05/80 RPCD.PLNFS.BC. No. 11 / 09.04.06 /2004-2005 July 30, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Implementation of PMRY- Modifications in Norms As per the decision of the meeting held on 28.05.2004 under the chairmanship of Secretary (SSI&ARI), Government of India, the following modifications have been suggested in implementation of PMRY in order to make the scheme more effective: The Block L

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