Prudential treatment of different types of Provisions in respect of loan portfolios

RBI/2008-09/514 UBD.PCB.Cir.No. 73@@NBSP@@ /09.14.000/2008-09 June 29, 2009 The Chief Executive Officer of All Primary (Urban) Cooperative Banks Dear Sir / Madam Prudential treatment of different types of Provisions in respect of loan portfolios It has been decided to lay down the following guidelines in regard to the prudential treatment of different types of provisions in respect of loan portfolios.@@NBSP@@ It is clarified that the relative provisions can only be re

RBI/2008-09/514 UBD.PCB.Cir.No. 73@@NBSP@@ /09.14.000/2008-09 June 29, 2009 The Chief Executive Officer of All Primary (Urban) Cooperative Banks Dear Sir / Madam Prudential treatment of different types of Provisions in respect of loan portfolios It has been decided to lay down the following guidelines in regard to the prudential treatment of different types of provisions in respect of loan portfolios.@@NBSP@@ It is clarified that the relative provisions can only be re

Prudential treatment of different types of Provisions in respect of loan portfolios

UCBs - Agricultural Debt Waiver and Debt Relief Scheme, 2008

RBI / 2008-09/513 UBD.BPD.PCB.Cir.No. 72/13.05.000/2008-09 June 26, 2009 The Chief Executive Officer, All Primary (Urban) Co-operative Banks Dear Sir, Union Budget – 2008-09 – Agricultural Debt Waiver and Debt Relief Scheme, 2008 We forward herewith a copy of a letter F No. 3/9/2008- AC dated June 12, 2009 received from Government of India, Ministry of Finance, New Delhi on the captioned subject. The contents are self explanatory. 2. You are requested to take necessar

RBI / 2008-09/513 UBD.BPD.PCB.Cir.No. 72/13.05.000/2008-09 June 26, 2009 The Chief Executive Officer, All Primary (Urban) Co-operative Banks Dear Sir, Union Budget – 2008-09 – Agricultural Debt Waiver and Debt Relief Scheme, 2008 We forward herewith a copy of a letter F No. 3/9/2008- AC dated June 12, 2009 received from Government of India, Ministry of Finance, New Delhi on the captioned subject. The contents are self explanatory. 2. You are requested to take necessar

UCBs - Agricultural Debt Waiver and Debt Relief Scheme, 2008

StCBs/DCCBs - Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning

RBI/2008-09/512 RPCD.CO.RF.BC.No. 116 /07.37.02/2008-09 June 26, 2009 All State and Central Co-operative Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning Please refer to our circulars RPCD.CO.RF.BC.No.17/07.38.03/2008-09 dated July 30, 2008, RPCD.CO.RF.BC.No.69/07.37.02/2008-09 dated November 17, 2008 and RPCD.CO.RF.BC.No.91/07.37.02/2008-09 dated March 6, 2009 on the

RBI/2008-09/512 RPCD.CO.RF.BC.No. 116 /07.37.02/2008-09 June 26, 2009 All State and Central Co-operative Banks Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning Please refer to our circulars RPCD.CO.RF.BC.No.17/07.38.03/2008-09 dated July 30, 2008, RPCD.CO.RF.BC.No.69/07.37.02/2008-09 dated November 17, 2008 and RPCD.CO.RF.BC.No.91/07.37.02/2008-09 dated March 6, 2009 on the

StCBs/DCCBs - Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning

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

RBI 2008-09/511 DBOD.No.BP.BC.140 /21.04.048/2008-09 June 25, 2009 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (including Local Area Banks) (Excluding RRBs) Dear Sir Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy Please refer to our circulars DBOD.No.BP.BC. 26/21.04.048/2008-09 dated July 30, 2008, DBOD.No.BP.BC.78/21.04.048/2008-09 dated November

RBI 2008-09/511 DBOD.No.BP.BC.140 /21.04.048/2008-09 June 25, 2009 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (including Local Area Banks) (Excluding RRBs) Dear Sir Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy Please refer to our circulars DBOD.No.BP.BC. 26/21.04.048/2008-09 dated July 30, 2008, DBOD.No.BP.BC.78/21.04.048/2008-09 dated November

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

Loans extended by banks to MFs and Issue of IPCs

RBI/2008-09/510 DBOD.No.Dir.BC. 139 /13.03.00/2008-2009 June 25, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Banks’ Exposure to Capital Market – Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs) Please refer to our circular No.DBOD.Dir.BC.119/13.03.00/2008-2009 dated March 30, 2009 in terms of which the transition period allowed to banks to comply with the requirements contained in our circular No.DBOD.Dir.BC

RBI/2008-09/510 DBOD.No.Dir.BC. 139 /13.03.00/2008-2009 June 25, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Banks’ Exposure to Capital Market – Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs) Please refer to our circular No.DBOD.Dir.BC.119/13.03.00/2008-2009 dated March 30, 2009 in terms of which the transition period allowed to banks to comply with the requirements contained in our circular No.DBOD.Dir.BC

Loans extended by banks to MFs and Issue of IPCs

Frauds in borrowal accounts having multiple banking arrangements

RBI/2008-09/508 DBS CO.FrMC BC No@@NBSP@@ 8@@NBSP@@ /23.04.001/2008-09 June 24, 2009 The Chairman / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Frauds in borrowal accounts having multiple banking arrangements It has come to our notice that certain unscrupulous borrowers enjoying credit facilities under "multiple banking arrangement" have, after defrauding one of the financing banks, continued to enjoy the facilities with other financi

RBI/2008-09/508 DBS CO.FrMC BC No@@NBSP@@ 8@@NBSP@@ /23.04.001/2008-09 June 24, 2009 The Chairman / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Frauds in borrowal accounts having multiple banking arrangements It has come to our notice that certain unscrupulous borrowers enjoying credit facilities under "multiple banking arrangement" have, after defrauding one of the financing banks, continued to enjoy the facilities with other financi

Frauds in borrowal accounts having multiple banking arrangements

Access to own credit report

RBI/2008-09/507 DBOD.No.DL.BC. 138/20.16.042/2008-09 June 24, 2009 i) All Scheduled Commercial Banks (excluding RRBs and LABs) and ii) Notified All-India Financial Institutions Dear Sir Access to own credit report Please refer to our circular DBOD No.DL.11590/20.16.034/2007-08 dated February 27, 2008 advising banks/FIs in the context of Credit Information Companies (Regulation) Act, 2005 to urgently initiate steps to build up database and be in readiness for effective

RBI/2008-09/507 DBOD.No.DL.BC. 138/20.16.042/2008-09 June 24, 2009 i) All Scheduled Commercial Banks (excluding RRBs and LABs) and ii) Notified All-India Financial Institutions Dear Sir Access to own credit report Please refer to our circular DBOD No.DL.11590/20.16.034/2007-08 dated February 27, 2008 advising banks/FIs in the context of Credit Information Companies (Regulation) Act, 2005 to urgently initiate steps to build up database and be in readiness for effective

Access to own credit report

RRBs - Valuation of Properties - Empanelment of Valuers

RBI/2008-09/506 RPCD.CO.RRB.BC.No.115/03.05.33/2008-09 June 22, 2009 All Regional Rural Banks Dear Sir, Valuation of properties - Empanelment of Valuers It has been observed that different banks follow different policies for valuation of properties and appointment of valuers for the purpose. The issue of correct and realistic valuation of fixed assets owned by banks and that accepted by them as collateral for a sizable portion of their advances portfolio assumes signi

RBI/2008-09/506 RPCD.CO.RRB.BC.No.115/03.05.33/2008-09 June 22, 2009 All Regional Rural Banks Dear Sir, Valuation of properties - Empanelment of Valuers It has been observed that different banks follow different policies for valuation of properties and appointment of valuers for the purpose. The issue of correct and realistic valuation of fixed assets owned by banks and that accepted by them as collateral for a sizable portion of their advances portfolio assumes signi

RRBs - Valuation of Properties - Empanelment of Valuers

Controlling Office" renamed as "Regional Office"- RRBs

RBI/2008-09/504 RPCD.CO.RRB.BC No. 114/03.05.90-A/2008-09 June 18, 2009 All Regional Rural Banks Dear Sir, "Controlling Office" renamed as "Regional Office"- RRBs Please refer to paragraph 2 and 2.3 of our Master Circular on Branch Licensing - @@NBSP@@Regional Rural Banks (RRBs) RPCD.CO.RRB.No.BL.BC.07/ 03.05.90-A/2008-09 (RBI/2008-09/36) July 1, 2008 read with Circular RPCD. CO. RRB. BC. No. 101/ 03.05.90-A/ 2008-09 dated May 4, 2009, on the captioned subject. 2. We

RBI/2008-09/504 RPCD.CO.RRB.BC No. 114/03.05.90-A/2008-09 June 18, 2009 All Regional Rural Banks Dear Sir, "Controlling Office" renamed as "Regional Office"- RRBs Please refer to paragraph 2 and 2.3 of our Master Circular on Branch Licensing - @@NBSP@@Regional Rural Banks (RRBs) RPCD.CO.RRB.No.BL.BC.07/ 03.05.90-A/2008-09 (RBI/2008-09/36) July 1, 2008 read with Circular RPCD. CO. RRB. BC. No. 101/ 03.05.90-A/ 2008-09 dated May 4, 2009, on the captioned subject. 2. We

Controlling Office" renamed as "Regional Office"- RRBs

StCBs/DCCBs - Income Recognition/Asset Classification/Provisioning

RBI/2008-09/498 RPCD.CO.RF.BC.No.113/07.37.02/2008-09 June 16, 2009 All State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) Dear Sir, Income recognition, asset classification, provisioning and other related matters Short-term agricultural advances as well as advances for other purposes are granted by State Co-operative Banks/Central Co-operative Banks to Central Co-operative Banks/Primary Agricultural Credit Societies respectively for the purpose of

RBI/2008-09/498 RPCD.CO.RF.BC.No.113/07.37.02/2008-09 June 16, 2009 All State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) Dear Sir, Income recognition, asset classification, provisioning and other related matters Short-term agricultural advances as well as advances for other purposes are granted by State Co-operative Banks/Central Co-operative Banks to Central Co-operative Banks/Primary Agricultural Credit Societies respectively for the purpose of

StCBs/DCCBs - Income Recognition/Asset Classification/Provisioning