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

RBI/2005-06/ 325 DBOD.BP.BC. 69 /21.04.012/ 2005-06 March 16, 2006 The Chairmen of 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.87/21.04.012/2004-2005 dated 2nd May 2005 extending the period of concessions/credit relaxations to borrowers/customers in Jammu and Kashmir up to 31 March 2006. It has been decided that the concessions/credit relaxations

RBI/2005-06/ 325 DBOD.BP.BC. 69 /21.04.012/ 2005-06 March 16, 2006 The Chairmen of 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.87/21.04.012/2004-2005 dated 2nd May 2005 extending the period of concessions/credit relaxations to borrowers/customers in Jammu and Kashmir up to 31 March 2006. It has been decided that the concessions/credit relaxations

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

Contribution to Prime Minister’s National Relief Fund (PMNRF)

RBI/2005-06/320 DBOD No. Dir.BC. 68/13.01.01/2005-06 March 9, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister’s National Relief Fund (PMNRF) Please refer to our Circular DBOD No. Dir.BC.65/13.01.01/2004-05 dated December 29, 2004. The Prime Minister’s Office (PMO) has advised that the following branches of nine banks have also been designated for the purpose of collection of contribution to Prime Minister’s National Relief

RBI/2005-06/320 DBOD No. Dir.BC. 68/13.01.01/2005-06 March 9, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister’s National Relief Fund (PMNRF) Please refer to our Circular DBOD No. Dir.BC.65/13.01.01/2004-05 dated December 29, 2004. The Prime Minister’s Office (PMO) has advised that the following branches of nine banks have also been designated for the purpose of collection of contribution to Prime Minister’s National Relief

Contribution to Prime Minister’s National Relief Fund (PMNRF)

Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934

RBI/2005-06/315 DBOD.Ret.BC.No.66 /12.06.094/2005-06 March 06, 2006 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934. We advise that the name of ' Centurion Bank Limited ' has been changed to ' Centurion Bank of Punjab Limited ' in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 17, 2005, in terms of Notification DBOD.No.PSBD.390/16.01.130/2005-06 da

RBI/2005-06/315 DBOD.Ret.BC.No.66 /12.06.094/2005-06 March 06, 2006 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934. We advise that the name of ' Centurion Bank Limited ' has been changed to ' Centurion Bank of Punjab Limited ' in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 17, 2005, in terms of Notification DBOD.No.PSBD.390/16.01.130/2005-06 da

Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934

Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ' Bank of Punjab Limited '

RBI/2005-06/316 DBOD.Ret.BC.No. 67 /12.06.095/2005-06 March 06, 2006 All Scheduled Commercial Banks Dear Sir Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ' Bank of Punjab Limited ' We advise that the name of ' Bank of Punjab Limited ' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 01, 2005, in terms of notification DBOD. No. PSBD.353/16.01.130/2005-06 dated October 07, 2005 whic

RBI/2005-06/316 DBOD.Ret.BC.No. 67 /12.06.095/2005-06 March 06, 2006 All Scheduled Commercial Banks Dear Sir Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ' Bank of Punjab Limited ' We advise that the name of ' Bank of Punjab Limited ' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 01, 2005, in terms of notification DBOD. No. PSBD.353/16.01.130/2005-06 dated October 07, 2005 whic

Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ' Bank of Punjab Limited '

Banks’ Exposure to Real Estate Sector

RBI/2005-06/310 DBOD.BP.BC. 65 /08.12.01/2005-06 March 1, 2006 Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks Dear Sir, Banks’ Exposure to Real Estate Sector As you are aware, there has been substantial increase in lending by banks to the real estate sector during the last few years. While the development of real estate is welcome, there is a need for the banks to curb the excessively risky lending by exercising selectivity

RBI/2005-06/310 DBOD.BP.BC. 65 /08.12.01/2005-06 March 1, 2006 Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks Dear Sir, Banks’ Exposure to Real Estate Sector As you are aware, there has been substantial increase in lending by banks to the real estate sector during the last few years. While the development of real estate is welcome, there is a need for the banks to curb the excessively risky lending by exercising selectivity

Banks’ Exposure to Real Estate Sector

Prevention of Money Laundering Act, 2002 - Obligation of banks in terms of Rules notified thereunder

RBI/2005-06/301 DBOD.NO.AML.BC.63 /14.01.001/2005-06 February 15, 2006 The Chairmen and Chief Executive Officers (All Scheduled Commercial Banks excluding RRBs) Dear Sir, Prevention of Money Laundering Act, 2002 – Obligation of banks in terms of Rules notified thereunder Please refer to our circular DBOD.No.AML.BC.58/14.01.001/ 2004-05 dated November 29, 2004 on KYC Guidelines and Anti Money Laundering Standards. Banks were advised to put in place a policy framework w

RBI/2005-06/301 DBOD.NO.AML.BC.63 /14.01.001/2005-06 February 15, 2006 The Chairmen and Chief Executive Officers (All Scheduled Commercial Banks excluding RRBs) Dear Sir, Prevention of Money Laundering Act, 2002 – Obligation of banks in terms of Rules notified thereunder Please refer to our circular DBOD.No.AML.BC.58/14.01.001/ 2004-05 dated November 29, 2004 on KYC Guidelines and Anti Money Laundering Standards. Banks were advised to put in place a policy framework w

Prevention of Money Laundering Act, 2002 - Obligation of banks in terms of Rules notified thereunder

Interest Rates on Non-Resident Deposits

RBI/2005-06/298 DBOD. No. Dir.BC. 62/13.03.00/ 2005-06 February 8, 2006 All Commercial Banks (excluding RRBs) Dear Sir, Interest Rates on Non-Resident Deposits Please refer to our Master Circulars DBOD. No. Dir. BC. 5 & 6 / 13.03.00/ 2005-06 dated July 1, 2005 on Interest Rates on Domestic and NRI Deposits. 2. In terms of our extant guidelines, interest rates on NRE deposits of one to three years' maturity should not exceed the LIBOR/ SWAP rates as on the last wor

RBI/2005-06/298 DBOD. No. Dir.BC. 62/13.03.00/ 2005-06 February 8, 2006 All Commercial Banks (excluding RRBs) Dear Sir, Interest Rates on Non-Resident Deposits Please refer to our Master Circulars DBOD. No. Dir. BC. 5 & 6 / 13.03.00/ 2005-06 dated July 1, 2005 on Interest Rates on Domestic and NRI Deposits. 2. In terms of our extant guidelines, interest rates on NRE deposits of one to three years' maturity should not exceed the LIBOR/ SWAP rates as on the last wor

Interest Rates on Non-Resident Deposits

Recommendations of the Working Group to Review Export Credit

RBI/2005-06/297 DBOD. Dir. (Exp) BC.No. 61/ 04.02.02 (WG)/2005-06 February 7, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Recommendations of the Working Group to Review Export Credit The Reserve Bank of India had constituted a Working Group to review Export Credit, consisting of select banks and exporters' organisations, chaired by the Chief General Manager-in-Charge, Department of Banking Operations and Development, Central Office to review the var

RBI/2005-06/297 DBOD. Dir. (Exp) BC.No. 61/ 04.02.02 (WG)/2005-06 February 7, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Recommendations of the Working Group to Review Export Credit The Reserve Bank of India had constituted a Working Group to review Export Credit, consisting of select banks and exporters' organisations, chaired by the Chief General Manager-in-Charge, Department of Banking Operations and Development, Central Office to review the var

Recommendations of the Working Group to Review Export Credit

Guidelines on Securitisation of Standard Assets

RBI No. 2005-06/294 DBOD.NO.BP.BC.60 / 21.04.048/2005-06 February 1, 2006 All Commercial Banks (excluding RRBs) All India Term Lending and Refinancing Institutions (FIs) All Non Banking Financial Companies (including RNBCs) Dear Sir, Guidelines on Securitisation of Standard Assets As you are aware, Reserve Bank had issued draft guidelines on securitisation of standard assets vide letter DBOD.No.BP.1502/ 21.04.048/ 2004-05 dated April 4, 2005. On the basis of the feedb

RBI No. 2005-06/294 DBOD.NO.BP.BC.60 / 21.04.048/2005-06 February 1, 2006 All Commercial Banks (excluding RRBs) All India Term Lending and Refinancing Institutions (FIs) All Non Banking Financial Companies (including RNBCs) Dear Sir, Guidelines on Securitisation of Standard Assets As you are aware, Reserve Bank had issued draft guidelines on securitisation of standard assets vide letter DBOD.No.BP.1502/ 21.04.048/ 2004-05 dated April 4, 2005. On the basis of the feedb

Guidelines on Securitisation of Standard Assets

Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ING Bank N.V.

RBI/2005-06/ 293 DBOD. Ret. BC. No. 59-A /12.06.089/2005-06 January 31, 2006 All Scheduled Commercial Banks Dear Sir, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ING Bank N.V. We advise that the name of ' ING Bank N.V.' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 28, 2005, in terms of notification DBOD. No. IBD. 616/23.13.017/2005-06 dated October 28, 2005, which was publish

RBI/2005-06/ 293 DBOD. Ret. BC. No. 59-A /12.06.089/2005-06 January 31, 2006 All Scheduled Commercial Banks Dear Sir, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ING Bank N.V. We advise that the name of ' ING Bank N.V.' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 28, 2005, in terms of notification DBOD. No. IBD. 616/23.13.017/2005-06 dated October 28, 2005, which was publish

Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ING Bank N.V.