Regulating Co-operative Banking

Second Schedule to the Reserve Bank of India Act, 1934 - Norms for inclusion

RBI/2013-14/298 UBD CO BPD (PCB) No.20/16.05.000/2013-14 September 27, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Second Schedule to the Reserve Bank of India Act, 1934 – Norms for inclusion Please refer to our circular UBD No. BPD 3/16.05.00/2004-05 dated July 13, 2004 on the captioned subject in terms of which UCBs were advised of our decision to not consider for the time being any application for inclusion in the Second Sc

RBI/2013-14/298 UBD CO BPD (PCB) No.20/16.05.000/2013-14 September 27, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Second Schedule to the Reserve Bank of India Act, 1934 – Norms for inclusion Please refer to our circular UBD No. BPD 3/16.05.00/2004-05 dated July 13, 2004 on the captioned subject in terms of which UCBs were advised of our decision to not consider for the time being any application for inclusion in the Second Sc

Second Schedule to the Reserve Bank of India Act, 1934 - Norms for inclusion

UCBs - Change in Daily Minimum Cash Reserve Maintenance Requirement

RBI/2013-14/284 UBD.BPD. (SCB). CIR. No. 2/12.03.000/2013-14 September 20, 2013 The Chief Executive Officers of All Scheduled Primary (Urban) Co-operative Banks Madam/Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934 – Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our circular No.UBD.BPD. (SCB).CIR.No.1/12.03.000/2013-14 dated July 24, 2013 on the captioned subject. 2. As announced in the Press Release 2013-14/604 dated Septembe

RBI/2013-14/284 UBD.BPD. (SCB). CIR. No. 2/12.03.000/2013-14 September 20, 2013 The Chief Executive Officers of All Scheduled Primary (Urban) Co-operative Banks Madam/Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934 – Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our circular No.UBD.BPD. (SCB).CIR.No.1/12.03.000/2013-14 dated July 24, 2013 on the captioned subject. 2. As announced in the Press Release 2013-14/604 dated Septembe

UCBs - Change in Daily Minimum Cash Reserve Maintenance Requirement

Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) /1989(2011) Committee’s Al-Qaida Sanctions List - UCBs

RBI/2013-14/267 UBD.BPD (PCB) Cir. No. 16/14.01.062/2013-14 September 17, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) /1989(2011) Committee’s Al-Qaida Sanctions List - Primary (Urban) Co-operative Banks (UCBs) Please refer to our circular UBD.BPD.(PCB). Cir. No. 12/14.01.062/2013-14 dated September 10, 2013 on the captioned subject releasing 20t

RBI/2013-14/267 UBD.BPD (PCB) Cir. No. 16/14.01.062/2013-14 September 17, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267(1999) /1989(2011) Committee’s Al-Qaida Sanctions List - Primary (Urban) Co-operative Banks (UCBs) Please refer to our circular UBD.BPD.(PCB). Cir. No. 12/14.01.062/2013-14 dated September 10, 2013 on the captioned subject releasing 20t

Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) /1989(2011) Committee’s Al-Qaida Sanctions List - UCBs

KYC Norms/Anti-Money Laundering Standards/Combating Financing of Terrorism/Obligation of Banks under PMLA, 2002 - e-KYC Service of UIDAI - Recognising on-line Aadhaar authentication (electronic verification process) to be accepted as an ‘Officially Valid Document’ under PML Rules - UCBs

RBI/2013-14/263 UBD.BPD (PCB) Cir. No.15/14.01.062/2013-14 September 17, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks. Madam / Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – e-KYC Service of UIDAI – Recognising on-line Aadhaar authentication (electronic verification process) to be accepted as an

RBI/2013-14/263 UBD.BPD (PCB) Cir. No.15/14.01.062/2013-14 September 17, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks. Madam / Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – e-KYC Service of UIDAI – Recognising on-line Aadhaar authentication (electronic verification process) to be accepted as an

KYC Norms/Anti-Money Laundering Standards/Combating Financing of Terrorism/Obligation of Banks under PMLA, 2002 - e-KYC Service of UIDAI - Recognising on-line Aadhaar authentication (electronic verification process) to be accepted as an ‘Officially Valid Document’ under PML Rules - UCBs

Implementation of Core Banking Solution by UCBs

RBI/2013-14/249 UBD CO BPD PCB Cir No.14/09.18.300/2013-14 September 11, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, Implementation of Core Banking Solution (CBS) by Urban Co-operative Banks (UCBs) Please refer to our circular UBD BPD (PCB) Cir. No.42/09.18.300/2012-13 dated March 13, 2013 on the captioned subject advising UCBs to implement CBS in all their branches by December 31, 2013. On a review, it has been decide

RBI/2013-14/249 UBD CO BPD PCB Cir No.14/09.18.300/2013-14 September 11, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, Implementation of Core Banking Solution (CBS) by Urban Co-operative Banks (UCBs) Please refer to our circular UBD BPD (PCB) Cir. No.42/09.18.300/2012-13 dated March 13, 2013 on the captioned subject advising UCBs to implement CBS in all their branches by December 31, 2013. On a review, it has been decide

Implementation of Core Banking Solution by UCBs

Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) /1989 (2011) Committee’s Al-Qaida Sanctions List - UCBs

RBI/2013-14/238 UBD.BPD (PCB) Cir. No.12/14.01.062/2013-14 September 10, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267 (1999) /1989 (2011) Committee’s Al-Qaida Sanctions List - Primary (Urban) Co-operative Banks (UCBs) Please refer to our circular UBD.BPD.(PCB). Cir. No. 6/14.01.062/2013-14 dated August 28, 2013 on the captioned subject releasing ninete

RBI/2013-14/238 UBD.BPD (PCB) Cir. No.12/14.01.062/2013-14 September 10, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 – Updates of the UNSCR 1267 (1999) /1989 (2011) Committee’s Al-Qaida Sanctions List - Primary (Urban) Co-operative Banks (UCBs) Please refer to our circular UBD.BPD.(PCB). Cir. No. 6/14.01.062/2013-14 dated August 28, 2013 on the captioned subject releasing ninete

Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) /1989 (2011) Committee’s Al-Qaida Sanctions List - UCBs

KYC/AML Standards/Combating Financing of Terrorism/Obligation of Banks under PMLA, 2002 - Information sought by Banks from Customers - UCBs

RBI/2013-14/228 UBD.BPD (PCB) Cir. No. 11/14.01.062/2013-14 September 05, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks. Madam / Dear Sir, Know Your Customer (KYC)/Anti Money Laundering (AML) Standards/Combating Financing of Terrorism (CFT)/ Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Information sought by banks from customers - Primary (Urban) Co-operative Banks (UCBs) Please refer to the Master Circular UBD.B

RBI/2013-14/228 UBD.BPD (PCB) Cir. No. 11/14.01.062/2013-14 September 05, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks. Madam / Dear Sir, Know Your Customer (KYC)/Anti Money Laundering (AML) Standards/Combating Financing of Terrorism (CFT)/ Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Information sought by banks from customers - Primary (Urban) Co-operative Banks (UCBs) Please refer to the Master Circular UBD.B

KYC/AML Standards/Combating Financing of Terrorism/Obligation of Banks under PMLA, 2002 - Information sought by Banks from Customers - UCBs

Secondary Market Transactions in Government Securities - Intra-day short selling

RBI/2013-2014/226 UBD.BPD. (PCB). Cir.No.9/09.29.000/2013-14 September 4, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Secondary Market Transactions in Government Securities - Intra-day short selling Please refer to our circular UBD.BPD.PCB.Cir.39/09.29.00/2002-03 dated March 13, 2003, in terms of which Urban Co-operative Banks were permitted to trade in Government Securities on the Stock Exchanges, but were not permitted

RBI/2013-2014/226 UBD.BPD. (PCB). Cir.No.9/09.29.000/2013-14 September 4, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Secondary Market Transactions in Government Securities - Intra-day short selling Please refer to our circular UBD.BPD.PCB.Cir.39/09.29.00/2002-03 dated March 13, 2003, in terms of which Urban Co-operative Banks were permitted to trade in Government Securities on the Stock Exchanges, but were not permitted

Secondary Market Transactions in Government Securities - Intra-day short selling

Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) / 1989 (2011) Committe’s Al Qaida Sanction List - Primary (Urban) Co-operative Banks

RBI/2013-14/204 UBD.BPD.(PCB).Cir.No.6/14.01.062/2013-14 August 28, 2013 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Madam / Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) / 1989 (2011) Committe’s Al Qaida Sanction List - Primary (Urban) Co-operative Banks Please refer to our circular UBD.BPD.PCB).Cir.No.52/14.01.062/2012-13 dated May 31, 2013 on the captioned subject. We have since received from Gov

RBI/2013-14/204 UBD.BPD.(PCB).Cir.No.6/14.01.062/2013-14 August 28, 2013 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Madam / Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) / 1989 (2011) Committe’s Al Qaida Sanction List - Primary (Urban) Co-operative Banks Please refer to our circular UBD.BPD.PCB).Cir.No.52/14.01.062/2012-13 dated May 31, 2013 on the captioned subject. We have since received from Gov

Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) / 1989 (2011) Committe’s Al Qaida Sanction List - Primary (Urban) Co-operative Banks

UCBs - Compliance with Credit Information Companies (Regulation) Act, 2005

RBI/2013-14/202 UBD CO BPD PCB Cir.No.4/16.74.000/2013-14 August 27, 2013 The Chief Executive Officer All Primary Urban Co-operative Banks Dear Sir / Madam, Compliance with Credit Information Companies (Regulation) Act, 2005 Please refer to circular UBD BPD (PCB) Cir.No.25/09.11.200/2009-10 dated December 3, 2009 in terms of which it was advised that as UCBs fall under the category of credit institutions as defined in sub section (f) of Section 2 of the Credit Informa

RBI/2013-14/202 UBD CO BPD PCB Cir.No.4/16.74.000/2013-14 August 27, 2013 The Chief Executive Officer All Primary Urban Co-operative Banks Dear Sir / Madam, Compliance with Credit Information Companies (Regulation) Act, 2005 Please refer to circular UBD BPD (PCB) Cir.No.25/09.11.200/2009-10 dated December 3, 2009 in terms of which it was advised that as UCBs fall under the category of credit institutions as defined in sub section (f) of Section 2 of the Credit Informa

UCBs - Compliance with Credit Information Companies (Regulation) Act, 2005