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ଜାନୁଆରୀ 14, 2004
Monitoring of large value frauds by the Board of Directors
RBI/2004.15DBS.FGV(F) No.1004/23.04.01A/2003-04 January 14, 2004The Chief ExecutivesAll Indian Commercial banksDear Sir,Monitoring of large value frauds by the Board of DirectorsPlease refer to our circular DOS No BC 14/ Admn.919/16.13.100/95 dated September 26, 1995 containing revised instructions on the constitution and functions of the Audit Committee of Board (ACB).The ACB is required to oversee the internal inspection, statutory audit, inter-branch/inter-bank acc
RBI/2004.15DBS.FGV(F) No.1004/23.04.01A/2003-04 January 14, 2004The Chief ExecutivesAll Indian Commercial banksDear Sir,Monitoring of large value frauds by the Board of DirectorsPlease refer to our circular DOS No BC 14/ Admn.919/16.13.100/95 dated September 26, 1995 containing revised instructions on the constitution and functions of the Audit Committee of Board (ACB).The ACB is required to oversee the internal inspection, statutory audit, inter-branch/inter-bank acc
ଜାନୁଆରୀ 08, 2004
Final Guidelines on Investment by the FIs in Debt Securities
RESERVE BANK OF INDIAFinancial Institutions DivisionDepartment of Financial SupervisionJanuary 8, 2004@@NBSP@@@@NBSP@@RBI /2004/8DBS.FID.No. C-11 /01.02.00/2003-04The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir,Final guidelines on investment by the FIs in debt securitiesPlease refer to our Circular DBS.FID.No.C-8/01.02.00/2003-04 dated November 4, 2003 forwarding the draft guidelines on investment by the FIs in debt securities for comments whic
RESERVE BANK OF INDIAFinancial Institutions DivisionDepartment of Financial SupervisionJanuary 8, 2004@@NBSP@@@@NBSP@@RBI /2004/8DBS.FID.No. C-11 /01.02.00/2003-04The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir,Final guidelines on investment by the FIs in debt securitiesPlease refer to our Circular DBS.FID.No.C-8/01.02.00/2003-04 dated November 4, 2003 forwarding the draft guidelines on investment by the FIs in debt securities for comments whic
ଅକ୍ଟୋବର 08, 2002
Interest Rate on FCNR(B) Deposits
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005October 8, 2002Ref. DBOD No. Dir. BC. 31/13.03.00/2002-03All Scheduled Commercial Banks(excluding RRBs & LABs)Dear Sir,Interest Rate on FCNR(B) DepositsPlease refer to our circular DBOD No. Dir. BC. 98/13.03.00/01-02 dated 29 April 2002 advising therein that in respect of FCNR(B) deposits for a maturity of 1-3 years
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005October 8, 2002Ref. DBOD No. Dir. BC. 31/13.03.00/2002-03All Scheduled Commercial Banks(excluding RRBs & LABs)Dear Sir,Interest Rate on FCNR(B) DepositsPlease refer to our circular DBOD No. Dir. BC. 98/13.03.00/01-02 dated 29 April 2002 advising therein that in respect of FCNR(B) deposits for a maturity of 1-3 years
ଅଗଷ୍ଟ 27, 2001
Credit exposure norms - applicability to refinancing institutions
Ref.DBS.FID.No.C-3 /01.02.00 / 2001-02 August 27 , 2001 To the CEOs of the all-India Refinancing Institutions (NABARD, NHB and SIDBI) Dear Sir, Credit exposure norms – applicability to refinancing institutions Please refer to our Circular DOS.FID.No.17 / 01.02.00/96-97 dated 28 June 1997 relating to credit exposure norms for individual and group borrowers. 2. It has been observed from some of the references received by us that there is a lack of clarity regarding the
Ref.DBS.FID.No.C-3 /01.02.00 / 2001-02 August 27 , 2001 To the CEOs of the all-India Refinancing Institutions (NABARD, NHB and SIDBI) Dear Sir, Credit exposure norms – applicability to refinancing institutions Please refer to our Circular DOS.FID.No.17 / 01.02.00/96-97 dated 28 June 1997 relating to credit exposure norms for individual and group borrowers. 2. It has been observed from some of the references received by us that there is a lack of clarity regarding the
ଜୁନ 25, 1999
Gold Loan against Bank Guarantee/Letter of Credit issued by other banks
RESERVE BANK OF INDIA CENTRAL OFFICE DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT CENTRE ·1. WORLD TRADE CENTRE. CUFFE PARADE COLABA MUMBAI- 400 005 Ref. : DBOD No.........IBS .3161 /23.67.001.98-99 June 25, 1999 All the banks authorised to import Gold / Silver / Platinum Dear Sir, Gold Loan against Bank Guarantee/Letterof Credit issued by other banks In terms of our circular No.DBOD.IBS.1519/23.67.001/98-99 dated 31st December 1998, authorized banks have been p
RESERVE BANK OF INDIA CENTRAL OFFICE DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT CENTRE ·1. WORLD TRADE CENTRE. CUFFE PARADE COLABA MUMBAI- 400 005 Ref. : DBOD No.........IBS .3161 /23.67.001.98-99 June 25, 1999 All the banks authorised to import Gold / Silver / Platinum Dear Sir, Gold Loan against Bank Guarantee/Letterof Credit issued by other banks In terms of our circular No.DBOD.IBS.1519/23.67.001/98-99 dated 31st December 1998, authorized banks have been p
ମଇ 25, 1999
DICGC Claims - Certificate to be Issued by Statutory Auditors

DBS.ARS.No.790/08:91:001/98-99 May 25, 1999 All Commercial Bank Dear Sirs, DICGC Claims - Certificate to be Issued by Statutory Auditors As You are aware, the statutory auditors are at present required to give, as a part of statutory audit, a certificate in respect of the transactions pertaining to Deposit Insurance and Credit Guarantee Corporation (DICGC) on completion of the statutory audit of the bank to the General Manager, DlCGC, Mumbai.

DBS.ARS.No.790/08:91:001/98-99 May 25, 1999 All Commercial Bank Dear Sirs, DICGC Claims - Certificate to be Issued by Statutory Auditors As You are aware, the statutory auditors are at present required to give, as a part of statutory audit, a certificate in respect of the transactions pertaining to Deposit Insurance and Credit Guarantee Corporation (DICGC) on completion of the statutory audit of the bank to the General Manager, DlCGC, Mumbai.

ଫେବୃଆରୀ 20, 1999
Collection and Dissemination of Information on
cases of Wilful Default of Rs.25 lakhs and above
DBOD.No.BC.DL.(W)12/20.16.002(1)98-99February 20, 1999Phalguna 01, 1920 (S)All Scheduled Commercial BanksAll notified All India Financial Institutions viz. IDBI, ICICI and IFCIDear Sirs,Collection and Dissemination of Information oncases of Wilful Default of Rs.25 lakhs and abovePursuant to the instructions of the Central Vigilance Commission for collection of information on wilful defaults of Rs.25 lakhs and above by RBI and dissemination to the reporting banks and F
DBOD.No.BC.DL.(W)12/20.16.002(1)98-99February 20, 1999Phalguna 01, 1920 (S)All Scheduled Commercial BanksAll notified All India Financial Institutions viz. IDBI, ICICI and IFCIDear Sirs,Collection and Dissemination of Information oncases of Wilful Default of Rs.25 lakhs and abovePursuant to the instructions of the Central Vigilance Commission for collection of information on wilful defaults of Rs.25 lakhs and above by RBI and dissemination to the reporting banks and F
ଫେବୃଆରୀ 10, 1999
Asset - Liability Management ( ALM ) System
DBOD BP.BC. 8/21.04.098/99February 10, 1999ToAll Scheduled Commercial Banks(excluding RRBs)Dear Sir, Asset - Liability Management ( ALM ) System Please refer to our circular DBOD No. BP. BC. 94/ 21. 04. 098/ 98 dated September 10, 1998 forwarding therewith draft Guidelines for putting in place Asset-Liability Management (ALM) System in banks. The draft Guidelines have been reviewed by us in the light of the issues raised/suggestions made by banks in the seminars held
DBOD BP.BC. 8/21.04.098/99February 10, 1999ToAll Scheduled Commercial Banks(excluding RRBs)Dear Sir, Asset - Liability Management ( ALM ) System Please refer to our circular DBOD No. BP. BC. 94/ 21. 04. 098/ 98 dated September 10, 1998 forwarding therewith draft Guidelines for putting in place Asset-Liability Management (ALM) System in banks. The draft Guidelines have been reviewed by us in the light of the issues raised/suggestions made by banks in the seminars held
ମଇ 25, 1998
Year 2000 (Y2K) Issues - Statutory Audit for the Year 1998-99

DBS.No.Y2K.BC/52/35.01.00/98-99  May 25, 1998 The Chairman/Managing Director/Chief Executive All Commercial Banks/Non-Banking Subsidiaries of Commercial Banks/ Financial Institutions/ Primary (Urban) Co-operative Banks/ Primary/Satellite Dealers in Government Securities

DBS.No.Y2K.BC/52/35.01.00/98-99  May 25, 1998 The Chairman/Managing Director/Chief Executive All Commercial Banks/Non-Banking Subsidiaries of Commercial Banks/ Financial Institutions/ Primary (Urban) Co-operative Banks/ Primary/Satellite Dealers in Government Securities

ମାର୍ଚ୍ଚ 05, 1997
Interest Rates on Deposits
RPCD.No.DIR.BC.110/07.38.01/96-97 March 5, 1997 All State/Central Co-operative Banks Dear Sir, Interest Rates on Deposits It has been brought to our notice that some banks, while soliciting deposits from the public, have resorted to highlighting only the compounded yield on term deposits without indicating the actual rate of simple interest offered by the bank for the particular period of the deposits. As this is likely to mislead the customers, the banks should in an
RPCD.No.DIR.BC.110/07.38.01/96-97 March 5, 1997 All State/Central Co-operative Banks Dear Sir, Interest Rates on Deposits It has been brought to our notice that some banks, while soliciting deposits from the public, have resorted to highlighting only the compounded yield on term deposits without indicating the actual rate of simple interest offered by the bank for the particular period of the deposits. As this is likely to mislead the customers, the banks should in an

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