Maintenance of CRR on Exempted Categories

RBI/2005-2006/423 DBOD.No.BC. 93 /12.01.001/2005-2006 June 22, 2006 To All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Maintenance of CRR on Exempted Categories Please refer to paragraph 2.3.7 of our Master Circular RBI/2005-06/70/DBOD.Ret.BC.18/12.01.001 dated July 19, 2005 on CRR and SLR. 2. In terms of the instructions contained therein, every Scheduled Commercial Bank is exempted from maintaining average CRR on the following liabilities,

RBI/2005-2006/423 DBOD.No.BC. 93 /12.01.001/2005-2006 June 22, 2006 To All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Maintenance of CRR on Exempted Categories Please refer to paragraph 2.3.7 of our Master Circular RBI/2005-06/70/DBOD.Ret.BC.18/12.01.001 dated July 19, 2005 on CRR and SLR. 2. In terms of the instructions contained therein, every Scheduled Commercial Bank is exempted from maintaining average CRR on the following liabilities,

Maintenance of CRR on Exempted Categories

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

RBI/2005-2006/422 DBOD.No.Ret.BC. 91 /12.01.001/2005-2006@@NBSP@@ June@@NBSP@@22, 2006 @@NBSP@@ To All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934 – Maintenance of CRR Please refer to our Circular DBOD.No.Ret.BC.41/12.01.001/2004-2005 dated September 11, 2004. 2. The Reserve Bank of India (Amendment) Bill, 2006 has been enacted and has come into force with effect from June 22, 2006, with its no

RBI/2005-2006/422 DBOD.No.Ret.BC. 91 /12.01.001/2005-2006@@NBSP@@ June@@NBSP@@22, 2006 @@NBSP@@ To All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934 – Maintenance of CRR Please refer to our Circular DBOD.No.Ret.BC.41/12.01.001/2004-2005 dated September 11, 2004. 2. The Reserve Bank of India (Amendment) Bill, 2006 has been enacted and has come into force with effect from June 22, 2006, with its no

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

Appointment/posting of Foreign Exchange Dealers

RBI.No.2005-06/410 DBOD.PSBD. BC.88 /16.13.100/2005-06 June 14, 2006 To The Chairmen and Chief Executive Officers, all Scheduled Commercial Banks Dear Sir, Foreign Exchange Dealers – Appointment/posting of Please refer to letter DO.No.EC.AD&EM.883/02.03.71/95-96 dated May 27, 1996 issued by our erstwhile Exchange Control Department advising banks to obtain prior concurrence of Reserve Bank for the posting of Head of Treasury / International Division and persons re

RBI.No.2005-06/410 DBOD.PSBD. BC.88 /16.13.100/2005-06 June 14, 2006 To The Chairmen and Chief Executive Officers, all Scheduled Commercial Banks Dear Sir, Foreign Exchange Dealers – Appointment/posting of Please refer to letter DO.No.EC.AD&EM.883/02.03.71/95-96 dated May 27, 1996 issued by our erstwhile Exchange Control Department advising banks to obtain prior concurrence of Reserve Bank for the posting of Head of Treasury / International Division and persons re

Appointment/posting of Foreign Exchange Dealers

Adherence to National Building Code (NBC) specifications necessary for lending Institutions

RBI 2005-06/407 DBOD.BP.BC. 1711 /08.12.14/2005-06 June 12, 2006 The Chairman / Chief Executives of all Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Adherence to National Building Code (NBC) specifications necessary for lending Institutions Bureau of Indian Standards (BIS) has formulated a comprehensive building Code namely National Building Code (NBC) of India 2005, providing guidelines for regulating the building construction activities across the country.

RBI 2005-06/407 DBOD.BP.BC. 1711 /08.12.14/2005-06 June 12, 2006 The Chairman / Chief Executives of all Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Adherence to National Building Code (NBC) specifications necessary for lending Institutions Bureau of Indian Standards (BIS) has formulated a comprehensive building Code namely National Building Code (NBC) of India 2005, providing guidelines for regulating the building construction activities across the country.

Adherence to National Building Code (NBC) specifications necessary for lending Institutions

Innovative Tier I/Tier II Bonds - Hedging by banks through Derivative Structures

RBI/2005-06/404 DBOD.BP.BC. 87 /21.01.002/2005-06 June 8, 2006 All Commercial Banks (excluding RRBs) Dear Sir, Innovative Tier I/Tier II Bonds - Hedging by banks through Derivative Structures It has come to our notice that some banks have undertaken swap transactions involving conversion of fixed rate rupee liabilities in respect of Innovative Tier I/Tier II bonds into floating rate foreign currency liabilities. Though the banks have apparently entered into such swaps

RBI/2005-06/404 DBOD.BP.BC. 87 /21.01.002/2005-06 June 8, 2006 All Commercial Banks (excluding RRBs) Dear Sir, Innovative Tier I/Tier II Bonds - Hedging by banks through Derivative Structures It has come to our notice that some banks have undertaken swap transactions involving conversion of fixed rate rupee liabilities in respect of Innovative Tier I/Tier II bonds into floating rate foreign currency liabilities. Though the banks have apparently entered into such swaps

Innovative Tier I/Tier II Bonds - Hedging by banks through Derivative Structures

Annual Policy Statement for the year 2006-07-Additional Provisioning Requirement for Standard Assets

RBI/2005-06/394 DBOD.No.BP.BC. 85 / 21.04.048 / 2005-2006 May 29, 2006 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Annual Policy Statement for the year 2006-07-Additional Provisioning Requirement for Standard Assets Please refer to paragraph 185 of the Annual Policy Statement for the year 2006-07 enclosed to Governor's letter No.MPD.BC.279/07.01.279/2005-06 dated April 18, 2006 (copy of the paragraph enclosed). 2. The Committee on Banking Sector Reforms

RBI/2005-06/394 DBOD.No.BP.BC. 85 / 21.04.048 / 2005-2006 May 29, 2006 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Annual Policy Statement for the year 2006-07-Additional Provisioning Requirement for Standard Assets Please refer to paragraph 185 of the Annual Policy Statement for the year 2006-07 enclosed to Governor's letter No.MPD.BC.279/07.01.279/2005-06 dated April 18, 2006 (copy of the paragraph enclosed). 2. The Committee on Banking Sector Reforms

Annual Policy Statement for the year 2006-07-Additional Provisioning Requirement for Standard Assets

Disclosure in Balance Sheets - Provisions and Contingencies

RBI No. 2005-06/395 DBOD.BP.BC No. 86 / 21.04.018/ 2005-06 May 29, 2006   The Chairmen/Chief Executives of All Commercial Banks (excluding RRBs) Dear Sir, Disclosure in Balance Sheets – Provisions and Contingencies In order to increase transparency, Reserve Bank of India has from time to time issued circulars to banks requiring disclosures in the Notes on Account to their Balance Sheets. These instructions were consolidated in the master circular DBOD.No.BP.BC.59

RBI No. 2005-06/395 DBOD.BP.BC No. 86 / 21.04.018/ 2005-06 May 29, 2006   The Chairmen/Chief Executives of All Commercial Banks (excluding RRBs) Dear Sir, Disclosure in Balance Sheets – Provisions and Contingencies In order to increase transparency, Reserve Bank of India has from time to time issued circulars to banks requiring disclosures in the Notes on Account to their Balance Sheets. These instructions were consolidated in the master circular DBOD.No.BP.BC.59

Disclosure in Balance Sheets - Provisions and Contingencies

Risk Weight on Exposures to Commercial Real Estate and Venture Capital Funds raised

RBI.No.2005-06/391 DBOD. BP.BC. 84 / 21.01.002/ 2005-06 May 25, 2006 All Commercial Banks (excluding RRBs) Dear Sir, Annual Policy Statement for the Year 2006-07- Risk Weight on Exposures to Commercial Real Estate and Venture Capital Funds Please refer to our Circular No. DBOD. BP.BC. 20 / 21.01.002/ 2005-06 July 26, 2005 wherein, the risk weight on banks’ exposure to the commercial real estate was increased from 100 per cent to 125 per cent and was applicable on an o

RBI.No.2005-06/391 DBOD. BP.BC. 84 / 21.01.002/ 2005-06 May 25, 2006 All Commercial Banks (excluding RRBs) Dear Sir, Annual Policy Statement for the Year 2006-07- Risk Weight on Exposures to Commercial Real Estate and Venture Capital Funds Please refer to our Circular No. DBOD. BP.BC. 20 / 21.01.002/ 2005-06 July 26, 2005 wherein, the risk weight on banks’ exposure to the commercial real estate was increased from 100 per cent to 125 per cent and was applicable on an o

Risk Weight on Exposures to Commercial Real Estate and Venture Capital Funds raised

Rupee Export Credit Interest Rates

RBI / 2005-06/378 DBOD Dir (Exp).BC.No. 83 /04.02.01/2005-06 April 28, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir (Exp).No.41/04.02.01/2005-06 dated November 2, 2005 on the captioned subject. The validity of the interest rates on rupee export credit indicated in the above circular would now remain in force upto October 31, 2006. In this connection, you may please refer to RBI

RBI / 2005-06/378 DBOD Dir (Exp).BC.No. 83 /04.02.01/2005-06 April 28, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir (Exp).No.41/04.02.01/2005-06 dated November 2, 2005 on the captioned subject. The validity of the interest rates on rupee export credit indicated in the above circular would now remain in force upto October 31, 2006. In this connection, you may please refer to RBI

Rupee Export Credit Interest Rates

Exemption from applicability of Section 20 of the Banking Regulation Act, 1949- Issue of Credit Cards to Directors of banks

RBI/2005-06/368 DBOD.No.Leg.BC.81/09.11.013/2005-06 April 20, 2006 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Exemption from applicability of Section 20 of the Banking Regulation Act, 1949- Issue of Credit Cards to Directors of banks Please refer to para 1.2.4 of our Master Circular DBOD.Dir.BC. 8/13.03.00 /2005-06 dated July 1, 2005 on 'Loans and Advances - 'Statutory and Other Restrictions', wherein it was advised that for the purpose of section 20

RBI/2005-06/368 DBOD.No.Leg.BC.81/09.11.013/2005-06 April 20, 2006 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Exemption from applicability of Section 20 of the Banking Regulation Act, 1949- Issue of Credit Cards to Directors of banks Please refer to para 1.2.4 of our Master Circular DBOD.Dir.BC. 8/13.03.00 /2005-06 dated July 1, 2005 on 'Loans and Advances - 'Statutory and Other Restrictions', wherein it was advised that for the purpose of section 20

Exemption from applicability of Section 20 of the Banking Regulation Act, 1949- Issue of Credit Cards to Directors of banks