Regulating Commercial Banking

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

RBI/2013-14/295 DBOD. AML.No.5719/14.06.001/2013-14 September 26, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 3817/14.06.001/2013-14 dated September 10, 2013 on the captioned subject releasing 22nd update. W

RBI/2013-14/295 DBOD. AML.No.5719/14.06.001/2013-14 September 26, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 3817/14.06.001/2013-14 dated September 10, 2013 on the captioned subject releasing 22nd update. W

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

Change in Daily Minimum Cash Reserve Maintenance Requirement

RBI/2013-14/281 DBOD.No.Ret.BC.55 /12.01.001/2013-14 September 20, 2013 To All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our Circular DBOD.No.Ret.BC.35/12.01.001/2013-14 dated July 23, 2013 on the captioned subject. 2. @@NBSP@@As announced in the Press Release 2013-14/604 dated September 20, 2013, it has been d

RBI/2013-14/281 DBOD.No.Ret.BC.55 /12.01.001/2013-14 September 20, 2013 To All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our Circular DBOD.No.Ret.BC.35/12.01.001/2013-14 dated July 23, 2013 on the captioned subject. 2. @@NBSP@@As announced in the Press Release 2013-14/604 dated September 20, 2013, it has been d

Change in Daily Minimum Cash Reserve Maintenance Requirement

Credit facility under National Rural Livelihood Mission (NRLM) - Aajeevika- Reporting to RBI

RBI/2013-14/279 RPCD. GSSD.CO. BC. No 38/09.01.03/2013-14 September 20, 2013 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir, Credit facility under National Rural Livelihood Mission (NRLM) – Aajeevika- Reporting to RBI Please refer to our Circular RPCD.GSSD. No.81/09.01.03/2012 – 13 dated June 27, 2013 on restructuring of Swarnajayanti Gram Swarozgar Yojana (SGSY) as National Rural Livelihood Mission (NRLM). 2. In partial modification of paragr

RBI/2013-14/279 RPCD. GSSD.CO. BC. No 38/09.01.03/2013-14 September 20, 2013 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir, Credit facility under National Rural Livelihood Mission (NRLM) – Aajeevika- Reporting to RBI Please refer to our Circular RPCD.GSSD. No.81/09.01.03/2012 – 13 dated June 27, 2013 on restructuring of Swarnajayanti Gram Swarozgar Yojana (SGSY) as National Rural Livelihood Mission (NRLM). 2. In partial modification of paragr

Credit facility under National Rural Livelihood Mission (NRLM) - Aajeevika- Reporting to RBI

Standing Liquidity Facilities for Banks and Primary Dealers

RBI/2013-14/276 MPD No.BC.368/07.01.279/2013-14 Bhadra 29, 1935 (Sake) September 20, 2013 To All Scheduled Banks [excluding Regional Rural Banks(RRBs)] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Mid-quarter Monetary Policy Review dated September 20, 2013, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 7.25 per cent to 7.50

RBI/2013-14/276 MPD No.BC.368/07.01.279/2013-14 Bhadra 29, 1935 (Sake) September 20, 2013 To All Scheduled Banks [excluding Regional Rural Banks(RRBs)] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Mid-quarter Monetary Policy Review dated September 20, 2013, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 7.25 per cent to 7.50

Standing Liquidity Facilities for Banks and Primary Dealers

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

RBI/2013-14/271 RPCD.CO.RRB.RCB.AML.No. 3376/07.51.019/2013-14 September 17, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.3107/07.51.019/2013-14 dated September 10, 2013 on the captioned subject releasing 21st update. We have since rec

RBI/2013-14/271 RPCD.CO.RRB.RCB.AML.No. 3376/07.51.019/2013-14 September 17, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.3107/07.51.019/2013-14 dated September 10, 2013 on the captioned subject releasing 21st update. We have since rec

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

RRBs/StCBs/CCBs - Foreign students studying in India - KYC procedure for opening of bank accounts

RBI/2013-14/272 RPCD.RRB.RCB.AML.BC.No. 37/07.51.018/2013-14 September 18, 2013 The Chairmen / CEOs of Regional Rural Banks / State and Central Co-operative Banks Dear Sir / Madam, Foreign students studying in India – KYC procedure for opening of bank accounts It has been represented to us that foreign students arriving in India are facing difficulties in complying with the Know Your Customer (KYC) norms while opening a bank account due to non-availability of any proo

RBI/2013-14/272 RPCD.RRB.RCB.AML.BC.No. 37/07.51.018/2013-14 September 18, 2013 The Chairmen / CEOs of Regional Rural Banks / State and Central Co-operative Banks Dear Sir / Madam, Foreign students studying in India – KYC procedure for opening of bank accounts It has been represented to us that foreign students arriving in India are facing difficulties in complying with the Know Your Customer (KYC) norms while opening a bank account due to non-availability of any proo

RRBs/StCBs/CCBs - Foreign students studying in India - KYC procedure for opening of bank accounts

RRBs- Analysis and Disclosure of Customer Complaints and Unreconciled Balances on Account of ATM Transactions

RBI/2013-14/269 RPCD.CO.RRB.BC.No.35/03.05.33/2013-14 September 17, 2013 The Chairmen All Regional Rural Banks Dear Sir/Madam, Analysis and Disclosure of Customer Complaints and Unreconciled Balances on Account of ATM Transactions The Committee on Procedures and Performance Audit on Public Services (CPPAPS) had recommended that banks should place a statement before their Boards analyzing the complaints received. CPPAPS had further recommended that the statement of com

RBI/2013-14/269 RPCD.CO.RRB.BC.No.35/03.05.33/2013-14 September 17, 2013 The Chairmen All Regional Rural Banks Dear Sir/Madam, Analysis and Disclosure of Customer Complaints and Unreconciled Balances on Account of ATM Transactions The Committee on Procedures and Performance Audit on Public Services (CPPAPS) had recommended that banks should place a statement before their Boards analyzing the complaints received. CPPAPS had further recommended that the statement of com

RRBs- Analysis and Disclosure of Customer Complaints and Unreconciled Balances on Account of ATM Transactions

Unclaimed Deposits/Inoperative Accounts in banks - Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes

RBI/2013-14/262 DBOD.No. Leg. BC. 53/09.07.005/2013-14 September 17, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Unclaimed Deposits/Inoperative Accounts in banks – Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes Please refer to Circular DBOD. No. Leg.BC.34/09.07.005/2008-09 dated August 22, 2008 on unclaimed deposits/inoperative accounts wherein

RBI/2013-14/262 DBOD.No. Leg. BC. 53/09.07.005/2013-14 September 17, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Unclaimed Deposits/Inoperative Accounts in banks – Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes Please refer to Circular DBOD. No. Leg.BC.34/09.07.005/2008-09 dated August 22, 2008 on unclaimed deposits/inoperative accounts wherein

Unclaimed Deposits/Inoperative Accounts in banks - Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes

Pernicious practices of select banks deterring customer protection and accounting integrity

RBI/2013-14/292 DBS.CO.PPD No. 3578 /11.01.005/2013-14 September 17, 2013 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) / Local Area Banks Madam/Dear Sir, Pernicious practices of select banks deterring customer protection and accounting integrity Please refer to our circular DBS.CO.PPD No. 17882/11.01.005/2012-13 dated June 19, 2013, wherein we had observed certain disquieting features in certain practices/products prevalent/ offered by

RBI/2013-14/292 DBS.CO.PPD No. 3578 /11.01.005/2013-14 September 17, 2013 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) / Local Area Banks Madam/Dear Sir, Pernicious practices of select banks deterring customer protection and accounting integrity Please refer to our circular DBS.CO.PPD No. 17882/11.01.005/2012-13 dated June 19, 2013, wherein we had observed certain disquieting features in certain practices/products prevalent/ offered by

Pernicious practices of select banks deterring customer protection and accounting integrity

RRBs/StCBs/CCBs-KYC Norm/Anti-Money Laundering Standards/Combating of Financing of Terrorism/Obligation of banks under PMLA, 2002 - Information sought by banks from customers

RBI/2013-14/261 RPCD.RRB.RCB.AML.BC.No. 31/07.51.018/2013-14 September 16, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002 – Information sought by banks from customers Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33(E)/2004-05 and RPCD.AML.BC.No.80/07.40.00/2

RBI/2013-14/261 RPCD.RRB.RCB.AML.BC.No. 31/07.51.018/2013-14 September 16, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002 – Information sought by banks from customers Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33(E)/2004-05 and RPCD.AML.BC.No.80/07.40.00/2

RRBs/StCBs/CCBs-KYC Norm/Anti-Money Laundering Standards/Combating of Financing of Terrorism/Obligation of banks under PMLA, 2002 - Information sought by banks from customers