First Quarter Review of Statement on Monetary Policy for the Year 2009-10

By Dr. D. Subbarao Governor The global economy is showing incipient signs of stabilisation, albeit not recovery. The pace of decline in economic activity in several major advanced economies has slowed, frozen credit markets have thawed and equity markets have begun to recover. Recent months have witnessed industrial activity reviving in a number of emerging market economies (EMEs) such as China, Korea, Brazil and India. Notwithstanding some positive signs, the path an

By Dr. D. Subbarao Governor The global economy is showing incipient signs of stabilisation, albeit not recovery. The pace of decline in economic activity in several major advanced economies has slowed, frozen credit markets have thawed and equity markets have begun to recover. Recent months have witnessed industrial activity reviving in a number of emerging market economies (EMEs) such as China, Korea, Brazil and India. Notwithstanding some positive signs, the path an

First Quarter Review of Statement on Monetary Policy for the Year 2009-10

Issue of Indian Depository Receipts (IDRs)

RBI/2009-10/106 A.P. (DIR Series) Circular No. 05 July 22, 2009 To All Category – I Authorised Dealer banks Madam / Sir, Issue of Indian Depository Receipts (IDRs) Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Companies (Issue of Indian Depository Receipts) Rules, 2004 (IDR Rules) notified by the Ministry of Corporate Affairs and subsequent amendments made thereto and Circular No. SEBI / CFD / DIL / DIP / 20 /2006 / 3 / 4 dated April 3,

RBI/2009-10/106 A.P. (DIR Series) Circular No. 05 July 22, 2009 To All Category – I Authorised Dealer banks Madam / Sir, Issue of Indian Depository Receipts (IDRs) Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Companies (Issue of Indian Depository Receipts) Rules, 2004 (IDR Rules) notified by the Ministry of Corporate Affairs and subsequent amendments made thereto and Circular No. SEBI / CFD / DIL / DIP / 20 /2006 / 3 / 4 dated April 3,

Issue of Indian Depository Receipts (IDRs)

Cash Withdrawal at Point-of-Sale

RBI/2009-10/105DPSS.CO.PD.No. 147/02.14.003/ 2009-10 22nd July 2009 To All System Providers (VISA / MasterCard / American Express),@@NBSP@@ All Scheduled Commercial banks Dear Sir, Cash Withdrawal at Point-of-Sale (POS) Presently cash withdrawal facility using plastic cards is available only at Automatic Teller Machines (ATMs). As on May 31, 2009, number of ATMs and POS terminals in the country stood at 44,857 and 4,70,237 respectively. The use of debit cards at Point

RBI/2009-10/105DPSS.CO.PD.No. 147/02.14.003/ 2009-10 22nd July 2009 To All System Providers (VISA / MasterCard / American Express),@@NBSP@@ All Scheduled Commercial banks Dear Sir, Cash Withdrawal at Point-of-Sale (POS) Presently cash withdrawal facility using plastic cards is available only at Automatic Teller Machines (ATMs). As on May 31, 2009, number of ATMs and POS terminals in the country stood at 44,857 and 4,70,237 respectively. The use of debit cards at Point

Cash Withdrawal at Point-of-Sale

Grievance Redressal Mechanism - Display of Contact Details of Officials

RBI /2009-10 / 103DBOD.No.Leg.BC.24 /09.07.005/2009-10 July 21, 2009 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Grievance Redressal Mechanism in banks - Display of names of Nodal Officers appointed under the Banking Ombudsman Scheme, 2006 Please refer to paragraph 16.5 (v) of our Master Circular on Customer Service DBOD. No. Leg.BC.9/09.07.006/2009-10 dated July 1, 2009, wherein banks have been advised to prominently display at the branches, the names o

RBI /2009-10 / 103DBOD.No.Leg.BC.24 /09.07.005/2009-10 July 21, 2009 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Grievance Redressal Mechanism in banks - Display of names of Nodal Officers appointed under the Banking Ombudsman Scheme, 2006 Please refer to paragraph 16.5 (v) of our Master Circular on Customer Service DBOD. No. Leg.BC.9/09.07.006/2009-10 dated July 1, 2009, wherein banks have been advised to prominently display at the branches, the names o

Grievance Redressal Mechanism - Display of Contact Details of Officials

Ready Forward Contracts

This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2009-10/102 IDMD.DOD.No. 334/ 11.08.36/ 2009-10 July 20, 2009 All RBI Regulated Entities Dear Sirs, Ready Forward Contracts A reference is invited to our circular IDMD/PDRS/4779/10.02.01/2004-05 dated May 11, 2005 setting out the eligible categories of entities permitted to enter into ready forward contracts (repos) in Government securities (Date

This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2009-10/102 IDMD.DOD.No. 334/ 11.08.36/ 2009-10 July 20, 2009 All RBI Regulated Entities Dear Sirs, Ready Forward Contracts A reference is invited to our circular IDMD/PDRS/4779/10.02.01/2004-05 dated May 11, 2005 setting out the eligible categories of entities permitted to enter into ready forward contracts (repos) in Government securities (Date

Ready Forward Contracts

Reconciliation of transactions at ATMs failure - Time limit

RBI/2009-2010/100DPSS No.101/02.10.02/2009-2010 July 17, 2009 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co –operative Banks / State Co-operative Banks / District Central Co-operative Banks ATM network providers Madam / Dear Sir Reconciliation of transactions at ATMs failure – Time limit Please refer to our letter DPSS No.1424 and 711/02.10.02/2008-2009 dated February 11,2009 and October 23, 2008

RBI/2009-2010/100DPSS No.101/02.10.02/2009-2010 July 17, 2009 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co –operative Banks / State Co-operative Banks / District Central Co-operative Banks ATM network providers Madam / Dear Sir Reconciliation of transactions at ATMs failure – Time limit Please refer to our letter DPSS No.1424 and 711/02.10.02/2008-2009 dated February 11,2009 and October 23, 2008

Reconciliation of transactions at ATMs failure - Time limit

Introduction of Advanced Approaches of Basel II Framework in India - Time Schedule

RBI/2009-10/99 DBOD.BP.BC.No. 23 /21.06.001/2009-10 July 7, 2009 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Introduction of Advanced Approaches of Basel II Framework in India – Time Schedule Please refer to our circular DBOD.No.BP.BC.90/20.06.001/2006-07 dated April 27, 2007 on the New Capital Adequacy Framework in terms of which foreign banks operating in India and Indian banks h

RBI/2009-10/99 DBOD.BP.BC.No. 23 /21.06.001/2009-10 July 7, 2009 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Introduction of Advanced Approaches of Basel II Framework in India – Time Schedule Please refer to our circular DBOD.No.BP.BC.90/20.06.001/2006-07 dated April 27, 2007 on the New Capital Adequacy Framework in terms of which foreign banks operating in India and Indian banks h

Introduction of Advanced Approaches of Basel II Framework in India - Time Schedule

Revised draft guidelines on Commercial Real Estate (CRE) Exposures

DBOD.BP.No. 502 / 08.12.015/ 2008-09 July 7, 2009 All Commercial Banks (excluding RRBs ) Dear Sir, Revised draft guidelines on Commercial Real Estate (CRE) Exposures Please refer to our circular DBS.CO.PP.BC.21/11.01.005/2004-05 dated June 29, 2005 on the captioned subject. 2. In view of a number of queries received from banks and other quarters as to whether or not certain exposures should be treated as CRE Exposure, as also in the light of switching over to Basel-II

DBOD.BP.No. 502 / 08.12.015/ 2008-09 July 7, 2009 All Commercial Banks (excluding RRBs ) Dear Sir, Revised draft guidelines on Commercial Real Estate (CRE) Exposures Please refer to our circular DBS.CO.PP.BC.21/11.01.005/2004-05 dated June 29, 2005 on the captioned subject. 2. In view of a number of queries received from banks and other quarters as to whether or not certain exposures should be treated as CRE Exposure, as also in the light of switching over to Basel-II

Revised draft guidelines on Commercial Real Estate (CRE) Exposures

Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning and Capital Adequacy- RRBs

RBI/2009-10/92 RPCD.CO.RRB.BC No. 11/03.05.33/2009-10 July 1, 2009 The Chairman All Regional Rural Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification and Provisioning and Capital Adequacy- RRBs Please refer to our circulars RPCD.CO.RRB.No.BC.18 /03.05.072/2008-09 July 30, 2008; RPCD.CO.RRB.No.BC.64/ 03.05.072/ 2008-09 November 17, 2008 and RPCD.CO. RRB. No.BC.92/ 03.05.072/ 2008-09 March

RBI/2009-10/92 RPCD.CO.RRB.BC No. 11/03.05.33/2009-10 July 1, 2009 The Chairman All Regional Rural Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification and Provisioning and Capital Adequacy- RRBs Please refer to our circulars RPCD.CO.RRB.No.BC.18 /03.05.072/2008-09 July 30, 2008; RPCD.CO.RRB.No.BC.64/ 03.05.072/ 2008-09 November 17, 2008 and RPCD.CO. RRB. No.BC.92/ 03.05.072/ 2008-09 March

Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning and Capital Adequacy- RRBs

Continuation of Self Employment Scheme for Rehabilitation of Manual Scavengers(SRMS) beyond March 2009

RBI/2008-09/515 RPCD.SP.BC.No.117 /09.03.01/2008-09 June 30, 2009 The Chairman /Managing Directors All Indian Public Sector Banks (Excluding RRBs) Dear Sir, Continuation of Self Employment Scheme for Rehabilitation of Manual Scavengers(SRMS) beyond March 2009 Please refer to our Circular RPCD.SP.BC.No 57/09.03.01/2007-08 dated April 15, 2008 advising the banks about the new and improved scheme approved by the government of India named, “Self Employment Scheme for Reha

RBI/2008-09/515 RPCD.SP.BC.No.117 /09.03.01/2008-09 June 30, 2009 The Chairman /Managing Directors All Indian Public Sector Banks (Excluding RRBs) Dear Sir, Continuation of Self Employment Scheme for Rehabilitation of Manual Scavengers(SRMS) beyond March 2009 Please refer to our Circular RPCD.SP.BC.No 57/09.03.01/2007-08 dated April 15, 2008 advising the banks about the new and improved scheme approved by the government of India named, “Self Employment Scheme for Reha

Continuation of Self Employment Scheme for Rehabilitation of Manual Scavengers(SRMS) beyond March 2009