DBOD. No. BP. 502 / 21.04.157/2007-08October 24, 2007 The Chairman/Chief Executive OfficerAll Commercial Banks (excluding RRBs and LABs) andPrimary DealersDear Sir, Annual Policy Statement 2007- 08 – Draft Guidelines on Credit Default SwapsPlease refer to our letter forwarding DBOD.No.BP.1409/21.04.157/2006-07 dated May 16, 2007 the first draft guidelines on Credit Default Swaps and inviting feedback from various stakeholders. The feedback received from wide spectrum

Table of Contents Chapter Topic Page No: I Introduction 3 II Preview 6 III Review of FSTV Vision - 2005 10 IV Vision 2008-2010 15 V Conclusions and way forward 18 Chapter 1 Introduction The Mission Statement and the Corporate Objective relating to the Financial Sector Technology Vision continue to be as follows: Mission Statement <<< I T FOR EFFICIENCY AND EXCELLENCE >>> Corporate Objective: 'Enabling financial sector to leverage on I T for better cu

RBI/2006-2007/ A. P. (DIR Series) Circular No. June 01, 2007 To, All Authorised Dealer Category - I banks Madam / Sir Draft Circular on Booking of Forward Contracts - Liberalisation Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to A. P. (DIR Series) Circular No.19 dated January 24, 2002, A. P. (DIR Series) Circular No. 63 dated December 21, 2002, A. P. (DIR Series) Circular No. 26 dated November 1, 2004, A. P. (DIR Series) Circular No.

RBI/2007-2008/A. P. (DIR Series) Circular No.October 10, 2007To,All Authorised Dealer Category - I banksMadam / SirBooking of Forward Contracts - LiberalisationAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to A. P. (DIR Series) Circular No.19 dated January 24, 2002, A. P. (DIR Series) Circular No. 63 dated December 21, 2002, A. P. (DIR Series) Circular No. 26 dated November 1, 2004, A. P. (DIR Series) Circular No. 22 dated December 13,

DBOD. No. BP. 256 / 21.04.098/ 2007-08September 5, 2007ToChairmen / Chief Executive OfficersAll Commercial Banks(excluding RRBs)Guidelines on Asset-Liability Management (ALM) System – Draft AmendmentsReserve Bank had issued guidelines on ALM system vide Circular No. DBOD. BP. BC. 8 / 21.04.098/ 99 dated February 10, 1999, which covered, among others, interest rate risk and liquidity risk measurement / reporting framework and prudential limits. As a measure of liquidit

DBOD. No. BP. 1522/ 21.04.132/ 2006-07June 21, 2007All Commercial Banks (excluding RRBs & LABs)</FONT>Dear Sir,Prudential Guidelines on Restructuring/ Rescheduling of dues by banks – Draft GuidelinesPursuant to the Annual Policy Statement for the Year 2006-07, a Working Group was constituted to review and align the existing guidelines on restructuring of advances, other than under debt restructuring mechanisms, on the lines of provisions under the revised CD

DNBS. PD. No. 7902/ 03.05.002/2006- 07May 21, 2007To all public deposit taking NBFCsDear Sir, Requirement of minimum Net Owned Fund (NOF) of Rs. 200 lakh for all public deposit taking NBFCs – under Section 45-IA of the Reserve Bank of India Act, 1934As you may be aware, prior to April 21, 1999, the minimum Net Owned Fund (NOF) requirement for the new companies for grant of Certificate of Registration (CoR) to commence business of Non-Banking Financial Institution was

DBOD.No.BP. 1409 / 21.04.157 /2006-07May 16, 2007The Chairman / Chief Executive Officer,All Commercial Banks (excluding RRBs and LABs) andPrimary DealersDear Sir, Annual Policy Statement 2007- 08: Draft Guidelines on Credit Default SwapsPlease refer to paragraph 175 of the Annual Policy Statement 2007 – 08 wherein it was indicated that as a part of the gradual process of financial sector liberalization in India it is considered appropriate to introduce credit derivati

DNBS No. 6625 /03.11.01/2006-07April 2, 2007Non-Banking Financial CompaniesDear Sir, Union Budget Speech for the year 2007-08Regulations for creation of mortgage guarantee companies Please refer to Paragraph 90 of Union Budget Speech – 2007-2008 - Housing Loans (copy of the paragraph enclosed as Annex 1).2. An Internal Group was constituted by the Reserve Bank to formulate regulatory guidelines and to recommend a regulatory guidelines/framework for mortgage guarantee

March 20, 2007DBOD.No.BP. 1151/21.06.001/2006-07 The Chairman / Chief Executive Officer,All Commercial Banks(excluding LABs & RRBs)</P> Dear Sir,Prudential Guidelines on Capital Adequacy and Market Discipline –Implementation of the New Capital Adequacy FrameworkPlease refer to our letter DBOD.No.BP.1163/ 21.04.118/ 2005-06 dated February 15, 2005 forwarding the draft guidelines for implementation of the New Capital Adequacy Framework and inviting feedback fr