Notifications - Regulating Commercial Banking - ਆਰਬੀਆਈ - Reserve Bank of India
notifications
ਅਗ 05, 2014
Regulatory framework for SCs/RCs - Certain amendments
RBI/2014-2015/164 DNBS (PD) CC. No.41/SCRC/26.03.001/2014-2015 August 05 , 2014 The Chairman/ Managing Director/ Chief Executive Officer All registered Securitisation Companies (SCs)/ Reconstruction Companies (RCs) Dear Sir, Regulatory framework for SCs/RCs – Certain amendments Please refer to “The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003” dated April 23, 2003 (herein after called Directions). 2. In order to
RBI/2014-2015/164 DNBS (PD) CC. No.41/SCRC/26.03.001/2014-2015 August 05 , 2014 The Chairman/ Managing Director/ Chief Executive Officer All registered Securitisation Companies (SCs)/ Reconstruction Companies (RCs) Dear Sir, Regulatory framework for SCs/RCs – Certain amendments Please refer to “The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003” dated April 23, 2003 (herein after called Directions). 2. In order to
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ਅਗ 01, 2014
Constitution of Special Investigating Team - sharing of information
RBI/2014-15/158 DNBS(PD).CC.No 404/03.10.42/2014-15 August 1, 2014 All Non-Banking Financial Companies Dear Sirs, Constitution of Special Investigating Team – sharing of information In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B. Shah. In this regard, the Hon’ble Supreme Court had directed that: “All organs agencies, departments
RBI/2014-15/158 DNBS(PD).CC.No 404/03.10.42/2014-15 August 1, 2014 All Non-Banking Financial Companies Dear Sirs, Constitution of Special Investigating Team – sharing of information In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B. Shah. In this regard, the Hon’ble Supreme Court had directed that: “All organs agencies, departments
ਅਗ 01, 2014
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2014-15/157 DNBS(PD).CC.No.403 /03.10.42 /2014-15 August 1, 2014 All Non Banking Financial Companies excluding Residuary Non Banking Companies Dear Sirs, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to DNBS (PD).CC.No.370/03.10.42/ 2013-14 dated March 19, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Task Force (FATF) has updated its statement on June 27
RBI/2014-15/157 DNBS(PD).CC.No.403 /03.10.42 /2014-15 August 1, 2014 All Non Banking Financial Companies excluding Residuary Non Banking Companies Dear Sirs, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to DNBS (PD).CC.No.370/03.10.42/ 2013-14 dated March 19, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Task Force (FATF) has updated its statement on June 27
ਜੁਲਾ 31, 2014
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards - Primary (Urban) Co-operative Banks
RBI/2014-15/155 UBD. BPD (AD). Cir.No.1/14.01.062/2014-15 July 31, 2014 The Chief Executive Officer All AD Category I Primary (Urban) Co-operative Banks Madam/Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards – Primary (Urban) Co-operative Banks Please refer to our circular UBD.BPD (AD).Cir.No.8/14.01.062/2013-14 dated March 13, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financia
RBI/2014-15/155 UBD. BPD (AD). Cir.No.1/14.01.062/2014-15 July 31, 2014 The Chief Executive Officer All AD Category I Primary (Urban) Co-operative Banks Madam/Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) – Standards – Primary (Urban) Co-operative Banks Please refer to our circular UBD.BPD (AD).Cir.No.8/14.01.062/2013-14 dated March 13, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financia
ਜੁਲਾ 28, 2014
RRBs/StCBs/CCBs - Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards
RBI/2014-15/148 RPCD.RRB.RCB.AML.No.1288/07.51.018/2014-15 July 28, 2014 The Chairmen / Chief Executive Officers All Regional Rural Banks (RRBs) State / Central Coop. Banks (StCBs/CCBs) Madam/ Dear Sir, Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.RRB.RCB.AML.No.10292/07.51.018/2013-14 dated March 13, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financi
RBI/2014-15/148 RPCD.RRB.RCB.AML.No.1288/07.51.018/2014-15 July 28, 2014 The Chairmen / Chief Executive Officers All Regional Rural Banks (RRBs) State / Central Coop. Banks (StCBs/CCBs) Madam/ Dear Sir, Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.RRB.RCB.AML.No.10292/07.51.018/2013-14 dated March 13, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financi
ਜੁਲਾ 28, 2014
Additional Disclosures by Regional Rural Banks in Notes to Accounts
RBI/2013-14/150 RPCD.CO.RRB.BC.No.17/03.05.33/2014-15 July 28, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Additional Disclosures by Regional Rural Banks in Notes to Accounts A reference is invited to paragraph 18 of the First Bi-Monthly Monetary Policy Statement 2014-15 announced on April 1, 2014 wherein it was proposed to prescribe certain additional disclosure requirements as per the recommendations of the Committee on Comprehensive Financial Service
RBI/2013-14/150 RPCD.CO.RRB.BC.No.17/03.05.33/2014-15 July 28, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Additional Disclosures by Regional Rural Banks in Notes to Accounts A reference is invited to paragraph 18 of the First Bi-Monthly Monetary Policy Statement 2014-15 announced on April 1, 2014 wherein it was proposed to prescribe certain additional disclosure requirements as per the recommendations of the Committee on Comprehensive Financial Service
ਜੁਲਾ 22, 2014
Loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses
RBI/2014-15/142 DBOD.No.BP.BC.27/21.04.048/2014-15 July 22, 2014 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam/Dear Sir, Loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses Please refer to our circulars DBOD.No.BP.79/21.04.048/2013-14 dated December 30, 2013 and DBOD.BP.BC.No.86/21.01.023/2013-14 dated January 20, 2014 on the captioned subject.
RBI/2014-15/142 DBOD.No.BP.BC.27/21.04.048/2014-15 July 22, 2014 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam/Dear Sir, Loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses Please refer to our circulars DBOD.No.BP.79/21.04.048/2013-14 dated December 30, 2013 and DBOD.BP.BC.No.86/21.01.023/2013-14 dated January 20, 2014 on the captioned subject.
ਜੁਲਾ 22, 2014
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2014-15/143 DBOD. AML.No. 1422/14.01.001/2013-14 July 22, 2014 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter DBOD. AML.No.15245/14.01.001/ 2013-14 dated March 5, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Task
RBI/2014-15/143 DBOD. AML.No. 1422/14.01.001/2013-14 July 22, 2014 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter DBOD. AML.No.15245/14.01.001/ 2013-14 dated March 5, 2014 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Task
ਜੁਲਾ 21, 2014
RRBs/StCBs/CCBs - KYC/AML/CFT - Obligation of Banks under PMLA, 2002 - Amendment to Prevention of Money-Laundering (Maintenance of Records) Rules 2013
RBI/2014-15/136 RPCD.RRB.RCB.AML.BC.No.14/07.51.018/2014-15 July 21, 2014 The Chairmen/Chief Executive Officers All Regional Rural Banks (RRBs)/ State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards / Combating of Financing of Terrorism (CFT) / Obligation of Banks under PMLA, 2002 – Amendment to Prevention of Money-Laundering (Maintenance of Records) Rules 2013 Government of India has no
RBI/2014-15/136 RPCD.RRB.RCB.AML.BC.No.14/07.51.018/2014-15 July 21, 2014 The Chairmen/Chief Executive Officers All Regional Rural Banks (RRBs)/ State / Central Cooperative Banks (StCBs/CCBs) Madam / Dear Sir, Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards / Combating of Financing of Terrorism (CFT) / Obligation of Banks under PMLA, 2002 – Amendment to Prevention of Money-Laundering (Maintenance of Records) Rules 2013 Government of India has no
ਜੁਲਾ 21, 2014
Banking Laws (Amendment) Act, 2012 - Amendments to Sections 18 & 24 of the Banking Regulation Act, 1949 (AACS) - Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs
RBI/2014-15/139 RPCD.RCB.BC.No.16/07.51.020/2014-15 July 21, 2014 All State and Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Banking Laws (Amendment) Act, 2012 – Amendments to Sections 18 & 24 of the Banking Regulation Act, 1949 (AACS) - Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs Please refer to our circular RPCD.RCB. BC No.110/07.51.020/2013-14 dated June 5, 2014 in te
RBI/2014-15/139 RPCD.RCB.BC.No.16/07.51.020/2014-15 July 21, 2014 All State and Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Banking Laws (Amendment) Act, 2012 – Amendments to Sections 18 & 24 of the Banking Regulation Act, 1949 (AACS) - Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs Please refer to our circular RPCD.RCB. BC No.110/07.51.020/2013-14 dated June 5, 2014 in te
ਜੁਲਾ 17, 2014
Consolidated Amendments to PML Rules
RBI/214-15/131 DBOD.AML.BC.No.26/14.01.001/2014-15 July 17, 2014 The Chairperson/Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs) /Local Area Banks/ All India Financial Institutions Dear Madam/Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 Obligation of banks – Amendment to Prevention of Money-launderi
RBI/214-15/131 DBOD.AML.BC.No.26/14.01.001/2014-15 July 17, 2014 The Chairperson/Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs) /Local Area Banks/ All India Financial Institutions Dear Madam/Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 Obligation of banks – Amendment to Prevention of Money-launderi
ਜੁਲਾ 17, 2014
Public Provident Fund Scheme, 1968 and Senior Citizen Savings Scheme, 2004 - Amendments in Rules
RBI/2014-15/130 DGBA.CDD. No. 293/15.02.001/2014-15 July 17, 2014 The Chairman and Managing Director/Managing Director Government Accounts Department/Head Office State Bank of India/State Bank of Patiala/ State Bank of Bikaner & Jaipur/State Bank of Travancore/ State Bank of Hyderabad/State Bank of Mysore/ Andhra Bank/ Allahabad Bank/Bank of Baroda/Bank of India/Bank of Maharashtra/ Canara Bank/Central Bank of India/Corporation Bank/Dena Bank/ Indian Bank/Indian O
RBI/2014-15/130 DGBA.CDD. No. 293/15.02.001/2014-15 July 17, 2014 The Chairman and Managing Director/Managing Director Government Accounts Department/Head Office State Bank of India/State Bank of Patiala/ State Bank of Bikaner & Jaipur/State Bank of Travancore/ State Bank of Hyderabad/State Bank of Mysore/ Andhra Bank/ Allahabad Bank/Bank of Baroda/Bank of India/Bank of Maharashtra/ Canara Bank/Central Bank of India/Corporation Bank/Dena Bank/ Indian Bank/Indian O
ਜੁਲਾ 15, 2014
Flexible Structuring of Long Term Project Loans to Infrastructure and Core Industries
RBI/2014-15/126 DBOD.No.BP.BC.24/21.04.132/2014-15 July 15, 2014 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Flexible Structuring of Long Term Project Loans to Infrastructure and Core Industries During the last decade, commercial banks have become the primary source of long term debt financing to projects in infrastructure and core industries. Infrastructure a
RBI/2014-15/126 DBOD.No.BP.BC.24/21.04.132/2014-15 July 15, 2014 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Flexible Structuring of Long Term Project Loans to Infrastructure and Core Industries During the last decade, commercial banks have become the primary source of long term debt financing to projects in infrastructure and core industries. Infrastructure a
ਜੁਲਾ 15, 2014
Issue of Long Term Bonds by Banks - Financing of Infrastructure and Affordable Housing
RBI/2014-15/127 DBOD.BP.BC.No.25/08.12.014/2014-15 July 15, 2014 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Issue of Long Term Bonds by Banks – Financing of Infrastructure and Affordable Housing In the Union Budget 2014-15, presented on July 10, 2014, the Hon’ble Finance Minister announced that: “131. Long term financing for infrastructure has been a major constraint in encouraging larger private sector participation in this sector. On the asset side, b
RBI/2014-15/127 DBOD.BP.BC.No.25/08.12.014/2014-15 July 15, 2014 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Issue of Long Term Bonds by Banks – Financing of Infrastructure and Affordable Housing In the Union Budget 2014-15, presented on July 10, 2014, the Hon’ble Finance Minister announced that: “131. Long term financing for infrastructure has been a major constraint in encouraging larger private sector participation in this sector. On the asset side, b
ਜੁਲਾ 15, 2014
RRBs/RCBs - Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures
RBI/2014-15/128 RPCD.RRB.RCB.BC.No. 13/03.05.33/2014-15 July 15, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks All Credit Information Companies Dear Sir/Madam, Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures A Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri) was
RBI/2014-15/128 RPCD.RRB.RCB.BC.No. 13/03.05.33/2014-15 July 15, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks All Credit Information Companies Dear Sir/Madam, Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures A Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri) was
ਜੁਲਾ 15, 2014
Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures
RBI/2014-15/125 UBD. CO. BPD. PCB. Cir. No. 4/16.74.000/2014-15 July 15, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures A Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri) was constituted by the Reserve Bank of India (RBI). The Report o
RBI/2014-15/125 UBD. CO. BPD. PCB. Cir. No. 4/16.74.000/2014-15 July 15, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures A Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri) was constituted by the Reserve Bank of India (RBI). The Report o
ਜੁਲਾ 14, 2014
Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards /Combating of Financing of Terrorism (CFT) / Obligation of NBFCs under Prevention of Money Laundering Act (PMLA), 2002 Recognising E-Aadhaar as an 'Officially Valid Document' under PML Rules
RBI/2014-15/122 DNBS(PD).CC.No 400/03.10.42/2014-15 July 14, 2014 All Non-Banking Financial Companies Dear Sirs, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards /Combating of Financing of Terrorism (CFT) / Obligation of NBFCs under Prevention of Money Laundering Act (PMLA), 2002 Recognising E-Aadhaar as an 'Officially Valid Document' under PML Rules Please refer to paragraph I (11) of Master Circular DNBS (PD) CC No. 387/03.10.42/ 2014-15 dated
RBI/2014-15/122 DNBS(PD).CC.No 400/03.10.42/2014-15 July 14, 2014 All Non-Banking Financial Companies Dear Sirs, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards /Combating of Financing of Terrorism (CFT) / Obligation of NBFCs under Prevention of Money Laundering Act (PMLA), 2002 Recognising E-Aadhaar as an 'Officially Valid Document' under PML Rules Please refer to paragraph I (11) of Master Circular DNBS (PD) CC No. 387/03.10.42/ 2014-15 dated
ਜੁਲਾ 03, 2014
RRBs/StCBs/CCBs - Unique Customer Identification Code (UCIC) for banks' customers in India
RBI/2014-15/115 RPCD.RRB.RCB.AML.BC.No.12/07.51.018/2014-15 July 03, 2014 The Chairmen / Chief Executive Officers All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) Guidelines - Unique Customer Identification Code (UCIC) for banks’ customers in India Please refer to our circular RPCD.CO.RRB.RCB.AML.BC.No.82/03.05.33(E)/2011-12 da
RBI/2014-15/115 RPCD.RRB.RCB.AML.BC.No.12/07.51.018/2014-15 July 03, 2014 The Chairmen / Chief Executive Officers All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) Guidelines - Unique Customer Identification Code (UCIC) for banks’ customers in India Please refer to our circular RPCD.CO.RRB.RCB.AML.BC.No.82/03.05.33(E)/2011-12 da
ਜੁਲਾ 02, 2014
RRB/RCB - Security Incident Tracking Platform - Reporting thereon
RBI/2014-15/112 RPCD.CO.RRB.RCB.BC.No.11/03.05.33/2014-15 July 2, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Security Incident Tracking Platform- Reporting thereon Information on Security, particularly security incidents, external attacks, internal compromises etc. is unique to each bank. Sharing of such information/ incidents/experiences would greatly benefit Regional Rural Banks (RRBs)
RBI/2014-15/112 RPCD.CO.RRB.RCB.BC.No.11/03.05.33/2014-15 July 2, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Security Incident Tracking Platform- Reporting thereon Information on Security, particularly security incidents, external attacks, internal compromises etc. is unique to each bank. Sharing of such information/ incidents/experiences would greatly benefit Regional Rural Banks (RRBs)
ਜੁਲਾ 01, 2014
RRBs/StCBs/CCBs - Lending against Gold Jewellery
RBI/2014-15/111 RPCD.RRB.RCB.BC.No.08/03.05.33/2014-15 July 01, 2014 The Chairmen / CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Lending against Gold Jewellery Please refer to our circulars RPCD.CO.No.RRB.BC.64/03.05.34/2005-06 dated February 27, 2006 and RPCD.CO.RF.BC.No.67 /07.40.06/2005-06 dated March 9, 2006 on ‘Advances against Gold Ornaments and Jewellery.’ 2. As a prudential measure, it has been decided
RBI/2014-15/111 RPCD.RRB.RCB.BC.No.08/03.05.33/2014-15 July 01, 2014 The Chairmen / CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Dear Sir/ Madam, Lending against Gold Jewellery Please refer to our circulars RPCD.CO.No.RRB.BC.64/03.05.34/2005-06 dated February 27, 2006 and RPCD.CO.RF.BC.No.67 /07.40.06/2005-06 dated March 9, 2006 on ‘Advances against Gold Ornaments and Jewellery.’ 2. As a prudential measure, it has been decided
ਜੂਨ 27, 2014
Inter-Governmental Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA)- Registration
RBI/2013-14/668 DBOD. AML. No. 20472/14.07.018/2013-14 June 27, 2014 The Chairpersons / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Madam/Sir, Inter-Governmental Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA)- Registration Government of India (GoI), has advised that India and US have reached an agreement in substance on the terms of an Inter-Gover
RBI/2013-14/668 DBOD. AML. No. 20472/14.07.018/2013-14 June 27, 2014 The Chairpersons / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Madam/Sir, Inter-Governmental Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA)- Registration Government of India (GoI), has advised that India and US have reached an agreement in substance on the terms of an Inter-Gover
ਜੂਨ 27, 2014
Defaulters of Rs. 1 crore and above (non-suit filed accounts) and Wilful Defaulters of Rs. 25 lakhs and above (non-suit filed accounts) - Changes in reporting to Reserve Bank of India (RBI)/Credit Information Companies (CICs)
RBI/2013-14/667 DBOD.No.CID.BC.128 /20.16.003/2013-14 June 27, 2014 All Commercial Banks (excluding RRBs), All India Notified Financial Institutions, and All Credit Information Companies Dear Sir / Madam Defaulters of Rs. 1 crore and above (non-suit filed accounts) and Wilful Defaulters of Rs. 25 lakhs and above (non-suit filed accounts) – Changes in reporting to Reserve Bank of India (RBI)/Credit Information Companies (CICs) Please refer to our circulars DBOD.No.BC/C
RBI/2013-14/667 DBOD.No.CID.BC.128 /20.16.003/2013-14 June 27, 2014 All Commercial Banks (excluding RRBs), All India Notified Financial Institutions, and All Credit Information Companies Dear Sir / Madam Defaulters of Rs. 1 crore and above (non-suit filed accounts) and Wilful Defaulters of Rs. 25 lakhs and above (non-suit filed accounts) – Changes in reporting to Reserve Bank of India (RBI)/Credit Information Companies (CICs) Please refer to our circulars DBOD.No.BC/C
ਜੂਨ 27, 2014
Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures
RBI/2013-14/666 DBOD.No.CID.BC.127/20.16.056/2013-14 June 27, 2014 All Commercial Banks (excluding RRBs)All India Notified Financial Institutions andAll Credit Information Companies. Dear Sir / Madam Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures A Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri) was constituted by the Res
RBI/2013-14/666 DBOD.No.CID.BC.127/20.16.056/2013-14 June 27, 2014 All Commercial Banks (excluding RRBs)All India Notified Financial Institutions andAll Credit Information Companies. Dear Sir / Madam Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures A Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri) was constituted by the Res
ਜੂਨ 26, 2014
Banking Regulation Act, 1949 - Section 26A Depositor Education and Awareness Fund Scheme, 2014 - Operational Guidelines- Payment of Interest
RBI/2013-14/665 DBOD.No.DEAF Cell.BC. 126/30.01.002/2013-14 June 26, 2014 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs and LABs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks. Dear Sir/Madam, Banking Regulation Act, 1949 – Section 26A Depositor Education and Awareness Fund Scheme, 2014 – Operational Guidelines- Payment of Interest Please refer to the circular DBO
RBI/2013-14/665 DBOD.No.DEAF Cell.BC. 126/30.01.002/2013-14 June 26, 2014 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs and LABs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks. Dear Sir/Madam, Banking Regulation Act, 1949 – Section 26A Depositor Education and Awareness Fund Scheme, 2014 – Operational Guidelines- Payment of Interest Please refer to the circular DBO
ਜੂਨ 26, 2014
Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation
RBI/2013-14/664 DBOD.No.BP.BC.125/21.04.048/2013-14 June 26, 2014 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation Please refer to circulars DBOD.No.BP.BC.85/21.04.048/2009-10 dated March 31, 2010 and DBOD.BP.BC.No.99/21.04.132/ 2012-
RBI/2013-14/664 DBOD.No.BP.BC.125/21.04.048/2013-14 June 26, 2014 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation Please refer to circulars DBOD.No.BP.BC.85/21.04.048/2009-10 dated March 31, 2010 and DBOD.BP.BC.No.99/21.04.132/ 2012-
ਜੂਨ 26, 2014
Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) Guidelines - Unique Customer Identification Code (UCIC) for banks’ customers in India
RBI/2013-14/662 DBOD. AML.BC. No.124 /14.01.001/2013-14 June 26, 2014 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Sir, Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) Guidelines - Unique Customer Identification Code (UCIC) for banks’ customers in India Please refer to our circular DBOD. AML.BC. No.109/14.01.001/2011-12 dated June 08, 2012,
RBI/2013-14/662 DBOD. AML.BC. No.124 /14.01.001/2013-14 June 26, 2014 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Sir, Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) Guidelines - Unique Customer Identification Code (UCIC) for banks’ customers in India Please refer to our circular DBOD. AML.BC. No.109/14.01.001/2011-12 dated June 08, 2012,
ਜੂਨ 26, 2014
Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority (PFRDA) for expanding network of National Pension System (NPS)
RBI/2013-14/661 UBD.CO.BPD.(SCB) Cir No. 4/13.05.000/2013-14 June 26, 2014 The Chief Executive Officers All Scheduled Primary (Urban) Co-operative Banks Madam / Dear Sir, Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority (PFRDA) for expanding network of National Pension System (NPS) We have been receiving requests from UCBs to allow them to undertake the activity of providing Point of Presence (PoP) Services for Na
RBI/2013-14/661 UBD.CO.BPD.(SCB) Cir No. 4/13.05.000/2013-14 June 26, 2014 The Chief Executive Officers All Scheduled Primary (Urban) Co-operative Banks Madam / Dear Sir, Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority (PFRDA) for expanding network of National Pension System (NPS) We have been receiving requests from UCBs to allow them to undertake the activity of providing Point of Presence (PoP) Services for Na
ਜੂਨ 26, 2014
RRB/RCBs - Special Investigation Team - Supreme Court Judgement
RBI/2013-14/663 RPCD.CO.RRB.RCB.BC.No. 113/03.05.33/2013-14 June@@NBSP@@ 26, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Special Investigation Team – Supreme Court Judgment In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B.Shah. In this regard, the Hon’b
RBI/2013-14/663 RPCD.CO.RRB.RCB.BC.No. 113/03.05.33/2013-14 June@@NBSP@@ 26, 2014 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Special Investigation Team – Supreme Court Judgment In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B.Shah. In this regard, the Hon’b
ਜੂਨ 25, 2014
The Depositor Education and Awareness Fund Scheme, 2014 -Section 26A of Banking Regulation Act, 1949- Clarifications on Operational Guidelines
RBI/2013-14/656 DBOD.No.DEAF Cell.BC.123/30.01.002/2013-14 June 25, 2014 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs and LABs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks. Dear Sir/Madam, The Depositor Education and Awareness Fund Scheme, 2014 –Section 26A of Banking Regulation Act, 1949- Clarifications on Operational Guidelines Please refer to the circular D
RBI/2013-14/656 DBOD.No.DEAF Cell.BC.123/30.01.002/2013-14 June 25, 2014 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs and LABs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks. Dear Sir/Madam, The Depositor Education and Awareness Fund Scheme, 2014 –Section 26A of Banking Regulation Act, 1949- Clarifications on Operational Guidelines Please refer to the circular D
ਜੂਨ 24, 2014
Reviewing the Reporting and Accounting Procedure of Relief and Savings Bonds - Revised Application format - 8% Savings (Taxable) Bonds, 2003
RBI/2013-14/654 DGBA.CDD. No. 6919/13.01.299/2013-14 June 12, 2014 The Chairman/Managing Director Head Office (Government Accounts Department) State Bank of India and Associates All Nationalised Banks (Excluding Punjab and Sind Bank and Andhra Bank) Axis Bank Ltd./ HDFC Bank Ltd./ICICI Bank Ltd. Stock Holding Corporation of India Ltd.(SHCIL) Dear Sir/Madam Reviewing the Reporting and Accounting Procedure of Relief and Savings Bonds - Revised Application format - 8% Sa
RBI/2013-14/654 DGBA.CDD. No. 6919/13.01.299/2013-14 June 12, 2014 The Chairman/Managing Director Head Office (Government Accounts Department) State Bank of India and Associates All Nationalised Banks (Excluding Punjab and Sind Bank and Andhra Bank) Axis Bank Ltd./ HDFC Bank Ltd./ICICI Bank Ltd. Stock Holding Corporation of India Ltd.(SHCIL) Dear Sir/Madam Reviewing the Reporting and Accounting Procedure of Relief and Savings Bonds - Revised Application format - 8% Sa
ਜੂਨ 24, 2014
Financial Inclusion by Extension of Banking Services - Use of Business Correspondents
RBI/2013-14/653 DBOD.No.BAPD.BC.122/22.01.009/2013-14 June 24, 2014 All Domestic Scheduled Commercial Banks (excluding RRBs) Dear Sir /Madam Financial Inclusion by Extension of Banking Services – Use of Business Correspondents Please refer to paragraph 26 of the First Bi-monthly Monetary Policy Statement, 2014-15 announced on April 1, 2014 which stated that “On financial inclusion, the fourth pillar, the recommendations of the Mor Committee on accelerating the flow of
RBI/2013-14/653 DBOD.No.BAPD.BC.122/22.01.009/2013-14 June 24, 2014 All Domestic Scheduled Commercial Banks (excluding RRBs) Dear Sir /Madam Financial Inclusion by Extension of Banking Services – Use of Business Correspondents Please refer to paragraph 26 of the First Bi-monthly Monetary Policy Statement, 2014-15 announced on April 1, 2014 which stated that “On financial inclusion, the fourth pillar, the recommendations of the Mor Committee on accelerating the flow of
ਜੂਨ 23, 2014
Constitution of Special Investigating Team - sharing of information
RBI/2013–14/652 DBOD.AML.No.20470/14.01.001/2013-14 June 23, 2014 The Chairpersons / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Madam/Sir, Constitution of Special Investigating Team – sharing of information In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B. Shah.
RBI/2013–14/652 DBOD.AML.No.20470/14.01.001/2013-14 June 23, 2014 The Chairpersons / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Madam/Sir, Constitution of Special Investigating Team – sharing of information In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B. Shah.
ਜੂਨ 18, 2014
Disclosure of sector-wise advances
RBI/2013-2014/647 DBOD. No.BP.BC.121/21.04.018/2013-14 June 18, 2014 The Chairmen and Managing Directors / Chief Executive Officers of all Commercial Banks (excluding Regional Rural Banks) Dear Sir, Disclosure of sector-wise advances A reference is invited to paragraph 18 of the First Bi-Monthly Monetary Policy Statement 2014-15 announced on April 1, 2014 wherein it was proposed to prescribe certain additional disclosure requirements as per the recommendations of the
RBI/2013-2014/647 DBOD. No.BP.BC.121/21.04.018/2013-14 June 18, 2014 The Chairmen and Managing Directors / Chief Executive Officers of all Commercial Banks (excluding Regional Rural Banks) Dear Sir, Disclosure of sector-wise advances A reference is invited to paragraph 18 of the First Bi-Monthly Monetary Policy Statement 2014-15 announced on April 1, 2014 wherein it was proposed to prescribe certain additional disclosure requirements as per the recommendations of the
ਜੂਨ 18, 2014
Online Trading Facility to Demat Account Holders - UCBs
RBI/2013-14/645 UBD.CO.BPD.(SCB) Cir No.3/09.50.001/2013-14 June 18, 2014 The Chief Executive Officers All Scheduled Primary (Urban) Co-operative Banks Madam / Dear Sir, Online Trading Facility to Demat Account Holders - UCBs We have received requests from Indian Banks’ Association and Cooperative Federations to allow UCBs to provide online trading facility to their Demat Account holders. 2. The matter has been examined by us. However, considering the high risk involv
RBI/2013-14/645 UBD.CO.BPD.(SCB) Cir No.3/09.50.001/2013-14 June 18, 2014 The Chief Executive Officers All Scheduled Primary (Urban) Co-operative Banks Madam / Dear Sir, Online Trading Facility to Demat Account Holders - UCBs We have received requests from Indian Banks’ Association and Cooperative Federations to allow UCBs to provide online trading facility to their Demat Account holders. 2. The matter has been examined by us. However, considering the high risk involv
ਜੂਨ 16, 2014
StCBs - Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 - Harmonization of KYC norms for Foreign Portfolio Investors (FPIs)
RBI/2013-14/644 RPCD.RCB.AML.BC.No.112/07.51.018/2013-14 June 16, 2014 The Chief Executive Officer All AD Category I State Cooperative Banks (StCBs) Madam/Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Harmonization of KYC norms for Foreign Portfolio Investors (FPIs) Please refer to the first Bi-Monthly Monetary Po
RBI/2013-14/644 RPCD.RCB.AML.BC.No.112/07.51.018/2013-14 June 16, 2014 The Chief Executive Officer All AD Category I State Cooperative Banks (StCBs) Madam/Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Harmonization of KYC norms for Foreign Portfolio Investors (FPIs) Please refer to the first Bi-Monthly Monetary Po
ਜੂਨ 12, 2014
RRBs/StCBs/CCBs - Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 - Clarification on Proof of Address
RBI/2013-14/641 RPCD.RRB.RCB.AML.BC.No.111/07.51.018/2013-14 June 12, 2014 The Chairmen/CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Clarification on Proof of Address Please refer to our circulars RPCD.CO.RRB.RCB.AML.No.60
RBI/2013-14/641 RPCD.RRB.RCB.AML.BC.No.111/07.51.018/2013-14 June 12, 2014 The Chairmen/CEOs All Regional Rural Banks (RRBs) and State/Central Cooperative Banks (StCBs/CCBs) Madam/Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Clarification on Proof of Address Please refer to our circulars RPCD.CO.RRB.RCB.AML.No.60
ਜੂਨ 11, 2014
Section 42(1) of the Reserve Bank of India Act, 1934 and Section 18 & 24 of the Banking Regulation Act, 1949 (AACS)- FCNR (B)/NRE deposits - Exemption from Maintenance of CRR/SLR and Exclusion from ABC for Priority Sector Lending
RBI/2013-14/639 UBD.BPD.(PCB).Cir.No.72/13.01.000//2013-14 June 11, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/Madam, Section 42(1) of the Reserve Bank of India Act, 1934 and Section 18 & 24 of the Banking Regulation Act, 1949 (AACS)- FCNR (B)/NRE deposits – Exemption from Maintenance of CRR/SLR and Exclusion from ABC for Priority Sector Lending Please refer to our circular UBD.BPD.(PCB).Cir.No.5/13.01.000//2013-14 dated Augus
RBI/2013-14/639 UBD.BPD.(PCB).Cir.No.72/13.01.000//2013-14 June 11, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/Madam, Section 42(1) of the Reserve Bank of India Act, 1934 and Section 18 & 24 of the Banking Regulation Act, 1949 (AACS)- FCNR (B)/NRE deposits – Exemption from Maintenance of CRR/SLR and Exclusion from ABC for Priority Sector Lending Please refer to our circular UBD.BPD.(PCB).Cir.No.5/13.01.000//2013-14 dated Augus
ਜੂਨ 11, 2014
Introduction of Information System(IS) Audit for Urban Cooperative Banks
RBI/2013-14/638 UBD.BPD.Cir.No. 71/12.09.000/2013-14 June 11, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Introduction of Information System(IS) Audit for Urban Cooperative Banks Please refer to our circular UBD No.POT.PCB.30/09.96.00/2001-02 dated February 12, 2002 advising UCBs to introduce EDP audit system on perpetual basis. It is observed that since then some of the UCBs have adopted technology and have been offering electronic banking
RBI/2013-14/638 UBD.BPD.Cir.No. 71/12.09.000/2013-14 June 11, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Introduction of Information System(IS) Audit for Urban Cooperative Banks Please refer to our circular UBD No.POT.PCB.30/09.96.00/2001-02 dated February 12, 2002 advising UCBs to introduce EDP audit system on perpetual basis. It is observed that since then some of the UCBs have adopted technology and have been offering electronic banking
ਜੂਨ 11, 2014
Need for bank branches/ATMs to be made Accessible to persons with disabilities
RBI/2013-14/637 UBD.BPD.Cir.No. 70/13.03.000/2013-14 June 11, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam Need for bank branches/ATMs to be made Accessible to persons with disabilities Please refer to our circular UBD.CO.BPD.(PCB) Cir. No.63/9.39.000/2008-09 dated April 29, 2009 on the captioned subject, wherein banks were advised to provide, inter alia, ramps in all existing and future ATMs, and make at least one third of
RBI/2013-14/637 UBD.BPD.Cir.No. 70/13.03.000/2013-14 June 11, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam Need for bank branches/ATMs to be made Accessible to persons with disabilities Please refer to our circular UBD.CO.BPD.(PCB) Cir. No.63/9.39.000/2008-09 dated April 29, 2009 on the captioned subject, wherein banks were advised to provide, inter alia, ramps in all existing and future ATMs, and make at least one third of
ਜੂਨ 09, 2014
One Documentary Proof of Address - RBI further simplifies KYC Norms for Bank Accounts
RBI/2013-14/634 DBOD.AML.BC. No. 119/14.01.001/2013-14 June 9, 2014 The Chairperson/CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir/ Madam, Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) /Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Clarification on Proof of Address Please refer to paragraph 2.4 (h), (i),
RBI/2013-14/634 DBOD.AML.BC. No. 119/14.01.001/2013-14 June 9, 2014 The Chairperson/CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir/ Madam, Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) /Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Clarification on Proof of Address Please refer to paragraph 2.4 (h), (i),
ਜੂਨ 09, 2014
Basel III Framework on Liquidity Standards - Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards
RBI/2013-14/635 DBOD.BP.BC.No.120/21.04.098/2013-14 June 9, 2014 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards Please refer to the ‘First Bi-monthly Monetary Policy Statement, 2014-15’ announced on April 1, 2014, wherein it was proposed to issue guidelines relating to Basel III LCR and Liquidity Risk Monitoring tools by
RBI/2013-14/635 DBOD.BP.BC.No.120/21.04.098/2013-14 June 9, 2014 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards Please refer to the ‘First Bi-monthly Monetary Policy Statement, 2014-15’ announced on April 1, 2014, wherein it was proposed to issue guidelines relating to Basel III LCR and Liquidity Risk Monitoring tools by
ਜੂਨ 05, 2014
Annual Turnover Target on behalf of Mid-segment and Retail investors for Primary Dealers (PDs)
RBI/2013-14/630 IDMD.PDRD.No. 3404/03.64.000/2013-14 June 5, 2014 All Market participants Dear Sir/Madam, Annual Turnover Target on behalf of Mid-segment and Retail investors for Primary Dealers (PDs) Attention of PDs is invited to our circular IDMD.PCD.9/14.03.05/2011-12 dated August 30, 2011 and para 1.3.7 of Master Circular on Operational Guidelines to PDs dated July 01, 2013 on the captioned subject. 2. It has been decided to enhance the minimum annual target for
RBI/2013-14/630 IDMD.PDRD.No. 3404/03.64.000/2013-14 June 5, 2014 All Market participants Dear Sir/Madam, Annual Turnover Target on behalf of Mid-segment and Retail investors for Primary Dealers (PDs) Attention of PDs is invited to our circular IDMD.PCD.9/14.03.05/2011-12 dated August 30, 2011 and para 1.3.7 of Master Circular on Operational Guidelines to PDs dated July 01, 2013 on the captioned subject. 2. It has been decided to enhance the minimum annual target for
ਜੂਨ 05, 2014
The Banking Laws (Amendment) Act 2012 - Amendments to Section 18 & 24 of Banking Regulation (B.R.) Act, 1949 (AACS) - Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled UCBs and Statutory Liquidity Ratio (SLR) for UCBs
RBI/2013-14/628 UBD.BPD.(PCB).Cir.No. 68/16.26.000/2013-14 June 5, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/Madam, The Banking Laws (Amendment) Act 2012 – Amendments to Section 18 & 24 of Banking Regulation (B.R.) Act, 1949 (AACS) – Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled UCBs and Statutory Liquidity Ratio (SLR) for UCBs Pursuant to the enactment of the Banking Laws (Amendment) Act, 2012, giving powers to R
RBI/2013-14/628 UBD.BPD.(PCB).Cir.No. 68/16.26.000/2013-14 June 5, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/Madam, The Banking Laws (Amendment) Act 2012 – Amendments to Section 18 & 24 of Banking Regulation (B.R.) Act, 1949 (AACS) – Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled UCBs and Statutory Liquidity Ratio (SLR) for UCBs Pursuant to the enactment of the Banking Laws (Amendment) Act, 2012, giving powers to R
ਜੂਨ 05, 2014
The Banking Laws (Amendment) Act 2012 - Amendments to Section 18 & 24 of Banking Regulation (B.R.) Act, 1949 (AACS) - Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs
RBI/2013-14/631 RPCD.RCB.BC.No. 110/07.51.020/2013-14 June 5, 2014 All State and Central Cooperative Banks Dear Sir/ Madam, The Banking Laws (Amendment) Act 2012 – Amendments to Section 18 & 24 of Banking Regulation (B.R.) Act, 1949 (AACS) – Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs Pursuant to the enactment of the Banking Laws (Amendment) Act, 2012, giving powers to RBI to speci
RBI/2013-14/631 RPCD.RCB.BC.No. 110/07.51.020/2013-14 June 5, 2014 All State and Central Cooperative Banks Dear Sir/ Madam, The Banking Laws (Amendment) Act 2012 – Amendments to Section 18 & 24 of Banking Regulation (B.R.) Act, 1949 (AACS) – Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs Pursuant to the enactment of the Banking Laws (Amendment) Act, 2012, giving powers to RBI to speci
ਜੂਨ 04, 2014
RRBs - Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)
RBI/2013-14/626 RPCD.CO.RRB.BC.No.106/03.05.33/2013-14 June 4, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.CO.RRB.BC.No.22/03.05.28(B)/2012-13 dated August 1,@@NBSP@@ 2012 on the captioned subject. 2. As announced in the Second Bi-monthly Monetary Policy statement 2014-15 by Reserve Bank of India on June 3, 2014, it has been
RBI/2013-14/626 RPCD.CO.RRB.BC.No.106/03.05.33/2013-14 June 4, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD.CO.RRB.BC.No.22/03.05.28(B)/2012-13 dated August 1,@@NBSP@@ 2012 on the captioned subject. 2. As announced in the Second Bi-monthly Monetary Policy statement 2014-15 by Reserve Bank of India on June 3, 2014, it has been
ਜੂਨ 03, 2014
Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)
RBI/2013-14/622 DBOD.Ret.BC.117/12.02.001/2013-14 June 03, 2014 All Scheduled Commercial Banks and Local Area Banks (Excluding Regional Rural Banks) Dear Sir, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circulars DBOD.Ret.BC.33/12.02.001/2012-13 dated July 31, 2012 and DBOD.Ret.BC.48/12.02.001/2012-13 dated September 28, 2012 on the captioned subject. 2. As announced in the Second Bi-Monthly Monet
RBI/2013-14/622 DBOD.Ret.BC.117/12.02.001/2013-14 June 03, 2014 All Scheduled Commercial Banks and Local Area Banks (Excluding Regional Rural Banks) Dear Sir, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circulars DBOD.Ret.BC.33/12.02.001/2012-13 dated July 31, 2012 and DBOD.Ret.BC.48/12.02.001/2012-13 dated September 28, 2012 on the captioned subject. 2. As announced in the Second Bi-Monthly Monet
ਜੂਨ 03, 2014
Export Credit Refinance Facilities
RBI/2013-14/621 Jyeshtha 13, 1936 (Saka) REF.No.MPD.BC.372/07.01.279/2013-14 June 3, 2014 To All Scheduled Banks [excluding Regional Rural Banks(RRBs)] Dear Sir/Madam, Export Credit Refinance Facilities Please refer to our circular No.MPD.355/07.01.279/2011-12 dated June 18, 2012 whereby the eligible limit of export credit refinance (ECR) facility for schedule banks (excluding RRBs) was enhanced from the level of 15 per cent of the outstanding rupee export credit elig
RBI/2013-14/621 Jyeshtha 13, 1936 (Saka) REF.No.MPD.BC.372/07.01.279/2013-14 June 3, 2014 To All Scheduled Banks [excluding Regional Rural Banks(RRBs)] Dear Sir/Madam, Export Credit Refinance Facilities Please refer to our circular No.MPD.355/07.01.279/2011-12 dated June 18, 2012 whereby the eligible limit of export credit refinance (ECR) facility for schedule banks (excluding RRBs) was enhanced from the level of 15 per cent of the outstanding rupee export credit elig
ਜੂਨ 03, 2014
Capital and Provisioning Requirements for Exposures to entities with Unhedged Foreign Currency Exposure-Clarifications
RBI/2013-14/620 DBOD.No.BP.BC.116/21.06.200/2013-14 June 3, 2014 The Chairman and Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Capital and Provisioning Requirements for Exposures to entities with Unhedged Foreign Currency Exposure-Clarifications Please refer to our circular DBOD.No. BP.BC. 85/21.06.200/2013-14 dated January 15, 2014 detailing guidelines on capital and provisioning requirements for exposu
RBI/2013-14/620 DBOD.No.BP.BC.116/21.06.200/2013-14 June 3, 2014 The Chairman and Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Capital and Provisioning Requirements for Exposures to entities with Unhedged Foreign Currency Exposure-Clarifications Please refer to our circular DBOD.No. BP.BC. 85/21.06.200/2013-14 dated January 15, 2014 detailing guidelines on capital and provisioning requirements for exposu
ਮਈ 30, 2014
Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax Act, 1961-UCBs
RBI/2013-14/619 UBD. CO. BPD. PCB. Cir. No. 67/09.50.001/2013-14 May 30, 2014 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/ Dear Sir, Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax Act, 1961-UCBs It has been observed that some banks are not creating deferred tax liability (DTL) on Special Reserve as per Accounting Standard 22: 'Accounting for taxes on Income' (AS 22) on the ground that the
RBI/2013-14/619 UBD. CO. BPD. PCB. Cir. No. 67/09.50.001/2013-14 May 30, 2014 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/ Dear Sir, Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax Act, 1961-UCBs It has been observed that some banks are not creating deferred tax liability (DTL) on Special Reserve as per Accounting Standard 22: 'Accounting for taxes on Income' (AS 22) on the ground that the
ਮਈ 28, 2014
Lending to Public Sector Undertakings
RBI/2013-14/615 UBD.CO.BPD.(PCB) Cir No. 66/13.05.000/2013-14 May 28, 2014 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Lending to Public Sector Undertakings It has been observed that a few Urban Cooperative Banks (UCBs) have been sanctioning high value loans to Public Sector Undertakings (PSUs) by admitting them as nominal members or otherwise. 2. As you are aware, UCBs are meant primarily to meet the credit needs of the socie
RBI/2013-14/615 UBD.CO.BPD.(PCB) Cir No. 66/13.05.000/2013-14 May 28, 2014 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Lending to Public Sector Undertakings It has been observed that a few Urban Cooperative Banks (UCBs) have been sanctioning high value loans to Public Sector Undertakings (PSUs) by admitting them as nominal members or otherwise. 2. As you are aware, UCBs are meant primarily to meet the credit needs of the socie
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ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਜੁਲਾਈ 13, 2024
