Contents Chapter No. Details Letter of Transmittal I Introduction II CDS for Indian Markets - Product Design III Regulation and Risk Management in CDS IV Trade Reporting & Information Dissemination V Centralised Clearing and Settlement of CDS VI Summary of Recommendations Annex I Constitution of the Group and the Terms of Reference Annex II Credit Derivatives – Concepts Annex III Types of Risks in CDS Annex IV CDS contract reporting forma

Chapter I Introduction Lead Bank Scheme 1.1 The genesis of Lead Bank Scheme can be traced to the Study Group, headed by Prof. D. R. Gadgil (Gadgil Study Group) on the Organisational Framework for the Implementation of the Social Objectives, which submitted its report in October 1969. The Study Group drew attention to the fact that commercial banks did not have adequate presence in rural areas and also lacked the required rural orientation. As a result, the banking ne

Introduction1. The Working Group to Examine the Procedures and Processes of Agricultural Loans (Chairman: Shri C. P. Swarnkar), appointed by Reserve Bank, had recommended in its report (April 2007) that banks should actively consider opening of counselling centres, either individually or with pooled resources, for credit and technological counselling. This would make the farmers aware of their rights and responsibilities to a great extent. Bank branches should also di

FC-GPR PART - A (To be filed by the company through its Authorised Dealer Category – I bank with the Regional Office of the RBI under whose jurisdiction the Registered Office of the company making the declaration is situated as and when fresh investment in the Company is received, along with the documents mentioned in item no. 4 of the undertaking enclosed in this form) Permanent Account Number (PAN) of the investee company given by the IncomeTax Department

LENDING TO PRIORITY SECTOR At a meeting of the National Credit Council held in July 1968, it was emphasised that commercial banks should increase their involvement in the financing of priority sectors, viz., agriculture and small scale industries. The description of the priority sectors was later formalised in 1972 on the basis of the report submitted by the Informal Study Group on Statistics relating to advances to the Priority Sectors constituted by the Reserve Ban

DBOD DBOD.No.Dir. 4562 /13.07.05/2006-2007 November 17, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Banks’ exposure to Capital Markets – Rationalisation of Norms As banks may be aware, it was announced in the Mid-Term Review of Annual Policy Statement for the year 2005-2006 that the prudential capital market exposure norms prescribed for banks would be rationalized in terms of base and coverage so as to: i) restrict a bank’s aggregate capital mar

LENDING TO PRIORITY SECTOR At a meeting of the National Credit Council held in July 1968, it was emphasised that commercial banks should increase their involvement in the financing of priority sectors, viz., agriculture and small scale industries. The description of the priority sectors was later formalised in 1972 on the basis of the report submitted by the Informal Study Group on Statistics relating to advances to the Priority Sectors constituted by the Reserve Bank

1. Background for setting up of the Internal Group There has been increasing interest in setting up NBFCs in general and by banks and foreign institutions in particular. NBFCs offer products/services which included margin funding, leasing and hire-purchase, corporate loans, investment in non-convertible debentures, IPO funding, small ticket loans, venture capital etc. One of the reasons cited for banks preference to establish NBFC is reducing the cost of operations. T

Foreign Exchange Management Act (FEMA) stipulates that all foreign exchange transactions are required to be routed only through the entities that are licenced by the Reserve Bank to undertake such transactions. Such entities are defined as Authorised persons in Section 10 of the Act. Under current dispensation, such authorised person may be : a. A Commercial bank (AD), or b. A Money changer (FFMC), or c. Any financial institution authorised for limited kind of t