Banks’ Exposure to Capital Market - Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs)

RBI/2007-08/359 DBOD.No.Dir.BC. 92/13.03.00/2007-2008 June 9, 2008All Scheduled Commercial Banks (excluding RRBs)Dear SirBanks’ Exposure to Capital Market – Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs)Please refer to paragraph 4 of our circular No.DBOD.Dir.BC.57/13.03.00/2007-2008 dated December 14, 2007, in terms of which a transition period of six months from the date of the circular was provided to enable banks to comp

RBI/2007-08/359 DBOD.No.Dir.BC. 92/13.03.00/2007-2008 June 9, 2008All Scheduled Commercial Banks (excluding RRBs)Dear SirBanks’ Exposure to Capital Market – Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs)Please refer to paragraph 4 of our circular No.DBOD.Dir.BC.57/13.03.00/2007-2008 dated December 14, 2007, in terms of which a transition period of six months from the date of the circular was provided to enable banks to comp

Banks’ Exposure to Capital Market - Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs)

Calendar of Reviews - Matters to be Placed Before Board of Directors, Management Committee and Audit Committee

RBI/2007-08/360 DBOD.No.PSBD.BC. 93/16.13.100/2007-08 June 9, 2008 The Chief Executives of All Private Sector Banks Dear Sir, Calendar of Reviews - Matters to be Placed Before Board of Directors, Management Committee and Audit Committee Please refer to our circular DBOD.No.BP.BC. 71/21.03.038/2007-08 dated April 22, 2008 (copy enclosed), addressed by us to the Chief Executives of public sector banks indicating a revised list of reviews to be placed before the Board of

RBI/2007-08/360 DBOD.No.PSBD.BC. 93/16.13.100/2007-08 June 9, 2008 The Chief Executives of All Private Sector Banks Dear Sir, Calendar of Reviews - Matters to be Placed Before Board of Directors, Management Committee and Audit Committee Please refer to our circular DBOD.No.BP.BC. 71/21.03.038/2007-08 dated April 22, 2008 (copy enclosed), addressed by us to the Chief Executives of public sector banks indicating a revised list of reviews to be placed before the Board of

Calendar of Reviews - Matters to be Placed Before Board of Directors, Management Committee and Audit Committee

Banking facilities to the visually challenged

RBI / 2007-08 / 358 DBOD.No.Leg BC. 91 /09.07.005/2007-08 June 4, 2008 To All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Banking facilities to the visually challenged It has been brought to our notice that visually challenged persons are facing problems in availing banking facilities. It may be noted that banking facilities including cheque book facility / operation of ATM / locker etc. cannot be denied to the visually challenged as they are legally compete

RBI / 2007-08 / 358 DBOD.No.Leg BC. 91 /09.07.005/2007-08 June 4, 2008 To All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Banking facilities to the visually challenged It has been brought to our notice that visually challenged persons are facing problems in availing banking facilities. It may be noted that banking facilities including cheque book facility / operation of ATM / locker etc. cannot be denied to the visually challenged as they are legally compete

Banking facilities to the visually challenged

Valuation of Non-SLR securities issued by the Government of India

RBI /2007-08/356 DBOD.No.FID.FIC.5/01.02.00/2007-08 June 4, 2008 The CEOs of the All-India term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB, SIDBI ) Dear Sir,@@NBSP@@ Valuation of Non-SLR securities issued by the Government of India Please refer to our Master Circular DBOD.No. FID.FIC.3/01.02.00/ 2007-08 dated July 2, 2007 on ‘Prudential Norms for classification, valuation and operations of investment portfolio by FIs'. 2. It has been observed that, o

RBI /2007-08/356 DBOD.No.FID.FIC.5/01.02.00/2007-08 June 4, 2008 The CEOs of the All-India term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB, SIDBI ) Dear Sir,@@NBSP@@ Valuation of Non-SLR securities issued by the Government of India Please refer to our Master Circular DBOD.No. FID.FIC.3/01.02.00/ 2007-08 dated July 2, 2007 on ‘Prudential Norms for classification, valuation and operations of investment portfolio by FIs'. 2. It has been observed that, o

Valuation of Non-SLR securities issued by the Government of India

Relaxation to trade and industry in the State of Jammu and Kashmir

RBI/2007-08/349 DBOD. No. BP. BC. 89 /21.04.012/2007-08 June 3, 2008 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Relaxation to trade and industry in the State of Jammu and Kashmir Please refer to our circular DBOD.No.BP.BC.100/21.04.012/2006-2007 dated May 25, 2007 extending the period of concessions/credit relaxations to borrowers / customers in Jammu and Kashmir up to 31 March 2008. It has been decided that the concessions

RBI/2007-08/349 DBOD. No. BP. BC. 89 /21.04.012/2007-08 June 3, 2008 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Relaxation to trade and industry in the State of Jammu and Kashmir Please refer to our circular DBOD.No.BP.BC.100/21.04.012/2006-2007 dated May 25, 2007 extending the period of concessions/credit relaxations to borrowers / customers in Jammu and Kashmir up to 31 March 2008. It has been decided that the concessions

Relaxation to trade and industry in the State of Jammu and Kashmir

Capital Adequacy Norms - Treatment of banks’ investments in subsidiaries/ associates and of the subsidiaries’ /associates’ investments in parent banks

RBI/2007-2008/341 DBOD No.BP.BC 88/ 21.06.001./ 2007-08 May 30, 2008 The Chairman / CMD/ MD/ CEO All Commercial Banks (excluding RRBs) Dear Sir, Capital Adequacy Norms – Treatment of banks’ investments in subsidiaries/ associates and of the subsidiaries’ /associates’ investments in parent banks Please refer to the paragraph 2.1.3 of the Master Circular DBOD No. BP.BC. 4/21.01.002 / 2007-08 dated July 2, 2007 on ‘Prudential Norms on Capital Adequacy’ and paragraph 4.4.

RBI/2007-2008/341 DBOD No.BP.BC 88/ 21.06.001./ 2007-08 May 30, 2008 The Chairman / CMD/ MD/ CEO All Commercial Banks (excluding RRBs) Dear Sir, Capital Adequacy Norms – Treatment of banks’ investments in subsidiaries/ associates and of the subsidiaries’ /associates’ investments in parent banks Please refer to the paragraph 2.1.3 of the Master Circular DBOD No. BP.BC. 4/21.01.002 / 2007-08 dated July 2, 2007 on ‘Prudential Norms on Capital Adequacy’ and paragraph 4.4.

Capital Adequacy Norms - Treatment of banks’ investments in subsidiaries/ associates and of the subsidiaries’ /associates’ investments in parent banks

Exposure Norms

RBI/2007-08/338 DBOD. No.Dir. BC. 87/13.27.00/2007- 08 May 29, 2008 Jyeshtha 8, 1929(Saka) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam Exposure Norms Please refer to para 2.1.1 of the Master Circular on Exposure Norms (Circular DBOD. No. Dir.BC.11/ 13.03.00/ 2007-08 dated July 2, 2007) in terms of which the exposure limit has been fixed at 15 percent of capital funds in case of a single borrower. 2. On a review of the current situation in the Oil

RBI/2007-08/338 DBOD. No.Dir. BC. 87/13.27.00/2007- 08 May 29, 2008 Jyeshtha 8, 1929(Saka) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam Exposure Norms Please refer to para 2.1.1 of the Master Circular on Exposure Norms (Circular DBOD. No. Dir.BC.11/ 13.03.00/ 2007-08 dated July 2, 2007) in terms of which the exposure limit has been fixed at 15 percent of capital funds in case of a single borrower. 2. On a review of the current situation in the Oil

Exposure Norms

Wilful defaulters and action thereagainst

RBI/2007-2008/336DBOD. No..DL(W).BC. 87/20.16.003/2007-08May 28, 2008All Scheduled Commercial Banks and All Notified All-India Financial InstitutionsDear Sir,Wilful defaulters and action thereagainstPlease refer to paragraph 3 of our Circular DBOD.No..DL(W).BC.110/ 20.16.003(1)/ 2001-02 dated May 30, 2002 wherein the term 'wilful default' has been defined. In this connection, we advise that in pursuant to the Hon’ble Supreme Court’s Order relating to writ petition Civ

RBI/2007-2008/336DBOD. No..DL(W).BC. 87/20.16.003/2007-08May 28, 2008All Scheduled Commercial Banks and All Notified All-India Financial InstitutionsDear Sir,Wilful defaulters and action thereagainstPlease refer to paragraph 3 of our Circular DBOD.No..DL(W).BC.110/ 20.16.003(1)/ 2001-02 dated May 30, 2002 wherein the term 'wilful default' has been defined. In this connection, we advise that in pursuant to the Hon’ble Supreme Court’s Order relating to writ petition Civ

Wilful defaulters and action thereagainst

PMLA, 2002 - Obligation of Banks

RBI/2007- 2008/327DBOD.AML.BC. No. 85/ 14.01.001 / 2007-08May 22, 2008 All Scheduled Commercial Banks/FIs (Excluding RRBs) Dear Sir,Prevention of Money Laundering Act, 2002 – Obligation of banks in terms of Rules notified there underPlease refer to our circular DBOD.NO.AML.BC.63 /14.01.001/2005-06 dated February 15, 2006. In Paragraph 3 of the said circular, it was advised that banks are required to maintain and preserve information in respect of transactions with its

RBI/2007- 2008/327DBOD.AML.BC. No. 85/ 14.01.001 / 2007-08May 22, 2008 All Scheduled Commercial Banks/FIs (Excluding RRBs) Dear Sir,Prevention of Money Laundering Act, 2002 – Obligation of banks in terms of Rules notified there underPlease refer to our circular DBOD.NO.AML.BC.63 /14.01.001/2005-06 dated February 15, 2006. In Paragraph 3 of the said circular, it was advised that banks are required to maintain and preserve information in respect of transactions with its

PMLA, 2002 - Obligation of Banks

Valuation of Non-SLR securities issued by the Government of India

RBI – 2007-08/329 DBOD.No.BP.BC.86/21.04.141/2007-08 May 22, 2008The Chairman/Chief Executive Officer All Scheduled Commercial Banks@@NBSP@@ (excluding Regional Rural Banks)@@NBSP@@ Dear Sir,@@NBSP@@ Valuation of Non-SLR securities issued by the Government of IndiaPlease refer to our Master Circular issue vide letter DBOD.No.BP.BC.15/21.04.141/ 2007-08 dated July 2, 2007 on ‘Prudential Norms for classification, valuation and operations of investment portfolio by banks

RBI – 2007-08/329 DBOD.No.BP.BC.86/21.04.141/2007-08 May 22, 2008The Chairman/Chief Executive Officer All Scheduled Commercial Banks@@NBSP@@ (excluding Regional Rural Banks)@@NBSP@@ Dear Sir,@@NBSP@@ Valuation of Non-SLR securities issued by the Government of IndiaPlease refer to our Master Circular issue vide letter DBOD.No.BP.BC.15/21.04.141/ 2007-08 dated July 2, 2007 on ‘Prudential Norms for classification, valuation and operations of investment portfolio by banks

Valuation of Non-SLR securities issued by the Government of India