Discounting / Rediscounting of Bills by banks

RBI/2007-2008/111DBOD.BP.BC.NO.26/21.02.070/2007-08August 3, 2007ToAll Scheduled Commercial Banks(excluding RRBs/LABs)Dear Sir,Discounting / Rediscounting of Bills by banksPlease refer to our Mater Circular RBI/2006-2007/43. DBOD.No.Dir.BC.9/13.03.00/ 2007-08@@NBSP@@dated July 2, 2007 on Loans and Advances - Statutory and Other Restrictions. 2. In terms of para 3.10 (iii) of the circular, banks should purchase / discount / negotiate bills under Letter of Credit (LC) o

RBI/2007-2008/111DBOD.BP.BC.NO.26/21.02.070/2007-08August 3, 2007ToAll Scheduled Commercial Banks(excluding RRBs/LABs)Dear Sir,Discounting / Rediscounting of Bills by banksPlease refer to our Mater Circular RBI/2006-2007/43. DBOD.No.Dir.BC.9/13.03.00/ 2007-08@@NBSP@@dated July 2, 2007 on Loans and Advances - Statutory and Other Restrictions. 2. In terms of para 3.10 (iii) of the circular, banks should purchase / discount / negotiate bills under Letter of Credit (LC) o

Discounting / Rediscounting of Bills by banks

FIMMDA Reporting Platform for Corporate Bond Transactions

RBI/2007-2008/103 DBOD.BP.BC.NO. 23/21.04.141/2007-08  July 31, 2007 To  All Commercial Banks (except RRBs & LABs) and select All India Financial Institutions (NHB, NABARD,EXIM Bank, SIDBI, TFCI Ltd.,IFCI Ltd.,IIBI Ltd.) Dear Sirs, FIMMDA Reporting Platform for Corporate Bond Transactions As you are aware, the High Level Expert Committee on Corporate Bonds and Securitisation (Patil Committee) had recommended setting up of reporting platforms for corporat

RBI/2007-2008/103 DBOD.BP.BC.NO. 23/21.04.141/2007-08  July 31, 2007 To  All Commercial Banks (except RRBs & LABs) and select All India Financial Institutions (NHB, NABARD,EXIM Bank, SIDBI, TFCI Ltd.,IFCI Ltd.,IIBI Ltd.) Dear Sirs, FIMMDA Reporting Platform for Corporate Bond Transactions As you are aware, the High Level Expert Committee on Corporate Bonds and Securitisation (Patil Committee) had recommended setting up of reporting platforms for corporat

FIMMDA Reporting Platform for Corporate Bond Transactions

Section 42(1) of Reserve Bank of India Act, 1934-Maintenance of Cash Reserve Ratio (CRR)

RBI/2007-2008/107Ref: DBOD.No. Ret.BC.25/12.01.001/2007-08July 31, 2007ToAll Scheduled Commercial Banks(excluding Regional Rural Banks)Dear Sir,Section 42(1) of Reserve Bank of India Act, 1934-Maintenance of Cash Reserve Ratio (CRR)Please refer to our Circular RBI/2006-2007/331 DBOD.No.Ret.BC.82/12.01.001/2006-07 dated April 20, 2007 on the captioned subject. On a review of the current liquidity situation, it has been decided to increase cash reserve ratio (CRR) of Sc

RBI/2007-2008/107Ref: DBOD.No. Ret.BC.25/12.01.001/2007-08July 31, 2007ToAll Scheduled Commercial Banks(excluding Regional Rural Banks)Dear Sir,Section 42(1) of Reserve Bank of India Act, 1934-Maintenance of Cash Reserve Ratio (CRR)Please refer to our Circular RBI/2006-2007/331 DBOD.No.Ret.BC.82/12.01.001/2006-07 dated April 20, 2007 on the captioned subject. On a review of the current liquidity situation, it has been decided to increase cash reserve ratio (CRR) of Sc

Section 42(1) of Reserve Bank of India Act, 1934-Maintenance of Cash Reserve Ratio (CRR)

Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07

RBI/2007-2008/101 DBS.ARS.BC. No.@@NBSP@@ 3/ 08.92.001/ 2007-08 July 25, 2007 To,The Chairman & Managing Director, all Nationalised Banks and The Managing Director, Associate Banks of SBI Dear Sir/Madam,@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@

RBI/2007-2008/101 DBS.ARS.BC. No.@@NBSP@@ 3/ 08.92.001/ 2007-08 July 25, 2007 To,The Chairman & Managing Director, all Nationalised Banks and The Managing Director, Associate Banks of SBI Dear Sir/Madam,@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@

Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07

Advances to Sugar Industry - Holding of Buffer Stock

RBI/2007-2008/91 DBOD.BP.BC.No.20 / 08.07.06 / 2007-08 July 11, 2007 All Scheduled Commercial Banks Dear Sirs, Advances to Sugar Industry – Holding of Buffer Stock@@NBSP@@ Please find enclosed a copy of the notification dated April 20, 2007 issued by Government of India, Ministry of Consumer Affairs, Food & Public Distribution, Department of Food & Public Distribution on the captioned subject. 2. It may be observed therefrom that Government has decided to crea

RBI/2007-2008/91 DBOD.BP.BC.No.20 / 08.07.06 / 2007-08 July 11, 2007 All Scheduled Commercial Banks Dear Sirs, Advances to Sugar Industry – Holding of Buffer Stock@@NBSP@@ Please find enclosed a copy of the notification dated April 20, 2007 issued by Government of India, Ministry of Consumer Affairs, Food & Public Distribution, Department of Food & Public Distribution on the captioned subject. 2. It may be observed therefrom that Government has decided to crea

Advances to Sugar Industry - Holding of Buffer Stock

Unsolicited Commercial Communications - National Do Not Call Registry

RBI/2007-2008/78DBOD.FSD.BC. 19/24.01.011/2007-2008July 3, 2007All Commercial Banks(excluding RRBs)Dear Sir,Unsolicited Commercial Communications –- National Do Not Call Registry A reference is invited to para 7(i) of our circular No.DBOD.FSD.BC.10/24.01.011/2006-2007 dated July 1, 2006 addressed to all the Scheduled Commercial Banks/NBFCs on Credit Card operations of banks, wherein instructions have been given regarding maintenance of Do Not Call Registry by all cred

RBI/2007-2008/78DBOD.FSD.BC. 19/24.01.011/2007-2008July 3, 2007All Commercial Banks(excluding RRBs)Dear Sir,Unsolicited Commercial Communications –- National Do Not Call Registry A reference is invited to para 7(i) of our circular No.DBOD.FSD.BC.10/24.01.011/2006-2007 dated July 1, 2006 addressed to all the Scheduled Commercial Banks/NBFCs on Credit Card operations of banks, wherein instructions have been given regarding maintenance of Do Not Call Registry by all cred

Unsolicited Commercial Communications - National Do Not Call Registry

Pension Funds Management by banks

RBI/2006-2007/446 DBOD.No.FSD.BC.102/24.01.022/2006-07June 28, 2007All Scheduled Commercial Banks (except RRBs)Dear SirPension Funds Management by banksIn exercise of the powers conferred by clause (o) of sub-section (1) of Section 6 of the Banking Regulation Act, 1949, Government of India have issued a Notification F.No.13/6/2005-BOA dated May 24, 2007 specifying 'acting as Pension Fund Manager' as a form of business in which it would be lawful for a banking company

RBI/2006-2007/446 DBOD.No.FSD.BC.102/24.01.022/2006-07June 28, 2007All Scheduled Commercial Banks (except RRBs)Dear SirPension Funds Management by banksIn exercise of the powers conferred by clause (o) of sub-section (1) of Section 6 of the Banking Regulation Act, 1949, Government of India have issued a Notification F.No.13/6/2005-BOA dated May 24, 2007 specifying 'acting as Pension Fund Manager' as a form of business in which it would be lawful for a banking company

Pension Funds Management by banks

Guidelines on Stress Testing

RBI / 2006-07/ 444DBOD. No. BP. BC.101 / 21.04.103/ 2006-07June 26, 2007The Chairman/ Chief Executive OfficerAll Commercial Banks(excluding RRBs & LABs)Dear Sir,Guidelines on Stress TestingImprovement in risk management practices has been in focus since the introduction of the financial sector liberalization process in the mid nineties. The process gained momentum with the issue of regulatory guidelines and guidance notes on asset liability management and manageme

RBI / 2006-07/ 444DBOD. No. BP. BC.101 / 21.04.103/ 2006-07June 26, 2007The Chairman/ Chief Executive OfficerAll Commercial Banks(excluding RRBs & LABs)Dear Sir,Guidelines on Stress TestingImprovement in risk management practices has been in focus since the introduction of the financial sector liberalization process in the mid nineties. The process gained momentum with the issue of regulatory guidelines and guidance notes on asset liability management and manageme

Guidelines on Stress Testing

Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07

RBI/2006-2007/429DBS.ARS.No.BC. 08 / 08.92.001/ 2006-07June 6, 2007CONFIDENTIALThe Chairman & Managing Director, all Nationalised Banks andThe Managing Director, Associate Banks of SBIDear Sir, Remuneration payable to the Statutory Central andBranch Auditors of Public Sector Banks from the year 2006-07Please refer to our instructions on the captioned subject, contained in our circular DBS.ARS.No.BC.7 / 08.92.001/ 2003-04 dated March 17, 2004. It has been decided t

RBI/2006-2007/429DBS.ARS.No.BC. 08 / 08.92.001/ 2006-07June 6, 2007CONFIDENTIALThe Chairman & Managing Director, all Nationalised Banks andThe Managing Director, Associate Banks of SBIDear Sir, Remuneration payable to the Statutory Central andBranch Auditors of Public Sector Banks from the year 2006-07Please refer to our instructions on the captioned subject, contained in our circular DBS.ARS.No.BC.7 / 08.92.001/ 2003-04 dated March 17, 2004. It has been decided t

Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07

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

RBI/2006-2007/416DBOD. No. BP. BC.100 /21.04.012/2006-07May 25, 2007The Chairmen of all ScheduledCommercial Banks (excluding RRBs)Dear Sir,Relaxation to trade and industry in the State of Jammu and KashmirPlease refer to our circular DBOD.No.BP.BC.69/21.04.012/2005-2006 dated 16th March 2006 extending the period of concessions/credit relaxations to borrowers / customers in Jammu and Kashmir up to 31 March 2007. It has been decided that the concessions/credit relaxatio

RBI/2006-2007/416DBOD. No. BP. BC.100 /21.04.012/2006-07May 25, 2007The Chairmen of all ScheduledCommercial Banks (excluding RRBs)Dear Sir,Relaxation to trade and industry in the State of Jammu and KashmirPlease refer to our circular DBOD.No.BP.BC.69/21.04.012/2005-2006 dated 16th March 2006 extending the period of concessions/credit relaxations to borrowers / customers in Jammu and Kashmir up to 31 March 2007. It has been decided that the concessions/credit relaxatio

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