Notifications - Regulating Commercial Banking - ఆర్బిఐ - Reserve Bank of India
notifications
ఆగ 21, 2012
Revisions to the Guidelines on Securitisation Transactions
RBI//2012-13/170 DNBS. PD. No. 301/3.10.01/2012-13 August 21, 2012 All NBFCs excluding Primary Dealers (PDs) Dear Sir, Revisions to the Guidelines on Securitisation Transactions Detailed Guidelines on Securitisation of Standard Assets were issued to NBFCs vide Circular DBOD.NO.BP.BC.60/21.04.048/2005-06 dated February 01, 2006. 2. In order to prevent unhealthy practices surrounding securitization viz; origination of loans for the sole purpose of securitization and in
RBI//2012-13/170 DNBS. PD. No. 301/3.10.01/2012-13 August 21, 2012 All NBFCs excluding Primary Dealers (PDs) Dear Sir, Revisions to the Guidelines on Securitisation Transactions Detailed Guidelines on Securitisation of Standard Assets were issued to NBFCs vide Circular DBOD.NO.BP.BC.60/21.04.048/2005-06 dated February 01, 2006. 2. In order to prevent unhealthy practices surrounding securitization viz; origination of loans for the sole purpose of securitization and in
ఆగ 17, 2012
Financial Inclusion- Access to Banking Services - Basic Savings Bank Deposit Account
RBI/2012-13/169 UBD.BPD.Cir.No. 5/13.01.000//2012-13 August 17, 2012 The Chief Executive OfficerAll Primary (Urban) Co-operative Banks Dear Sir/Madam, Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Account Please refer to paragraphs 88 and 89 of Monetary Policy Statement for the year 2012-13 announced on April 17, 2012. 2. The Urban Co-operative Banks were advised in November 2005 to make available a basic banking 'no-frills' account eith
RBI/2012-13/169 UBD.BPD.Cir.No. 5/13.01.000//2012-13 August 17, 2012 The Chief Executive OfficerAll Primary (Urban) Co-operative Banks Dear Sir/Madam, Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Account Please refer to paragraphs 88 and 89 of Monetary Policy Statement for the year 2012-13 announced on April 17, 2012. 2. The Urban Co-operative Banks were advised in November 2005 to make available a basic banking 'no-frills' account eith
ఆగ 16, 2012
Premature Repayment of Term/Fixed Deposits in banks with “Either or Survivor” or “Former or Survivor” mandate - Clarification
RBI/2012-13/168 DBOD No. Leg. BC. 37/09.07.005/2012-13 August 16, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Premature Repayment of Term/Fixed Deposits in banks with “Either or Survivor” or “Former or Survivor” mandate – Clarification Please refer to para 4 of our circular DBOD No. Leg BC 46 /09.07.005/2011-12 dated November 4, 2011 whereby we had advised that in case joint depositors of term/fixed deposits with “Either or Survivor” or “Former or Su
RBI/2012-13/168 DBOD No. Leg. BC. 37/09.07.005/2012-13 August 16, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Premature Repayment of Term/Fixed Deposits in banks with “Either or Survivor” or “Former or Survivor” mandate – Clarification Please refer to para 4 of our circular DBOD No. Leg BC 46 /09.07.005/2011-12 dated November 4, 2011 whereby we had advised that in case joint depositors of term/fixed deposits with “Either or Survivor” or “Former or Su
ఆగ 14, 2012
Interest Rate on Deposits
RBI/2012-13/167 DBOD.No.Dir.BC.36/13.03.00/2012-13 August 14, 2012 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Interest Rate on Deposits Please refer to our circular DBOD. No. Dir. BC.36/13.03.00/98 dated April 29, 1998 whereby banks were permitted to offer, at their discretion, differential rates of interest on single term deposits of `15 lakh and above, subject to the condition that the schedule of interest rates payable on deposits, including dep
RBI/2012-13/167 DBOD.No.Dir.BC.36/13.03.00/2012-13 August 14, 2012 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Interest Rate on Deposits Please refer to our circular DBOD. No. Dir. BC.36/13.03.00/98 dated April 29, 1998 whereby banks were permitted to offer, at their discretion, differential rates of interest on single term deposits of `15 lakh and above, subject to the condition that the schedule of interest rates payable on deposits, including dep
ఆగ 13, 2012
Stipulation of compensation for delay in Clearance of Local Cheques
RBI/2012-13/165 DPSS.CO.CHD.No.284/03.06.03/2012-13 August 13, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir Stipulation of compensation for delay in Clearance of Local Cheques As you may be aware, banks are required to specify the time line for realisation of local and outstation cheques in thei
RBI/2012-13/165 DPSS.CO.CHD.No.284/03.06.03/2012-13 August 13, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir Stipulation of compensation for delay in Clearance of Local Cheques As you may be aware, banks are required to specify the time line for realisation of local and outstation cheques in thei
ఆగ 10, 2012
Financial Inclusion- Access to Banking Services - Basic Savings Bank Deposit Account
RBI/2012-13/164 DBOD.No. Leg. BC.35/09.07.005/2012-13 August 10, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Account Please refer to paragraphs 88 and 89 of Monetary Policy Statement for the year 2012-13 announced on April 17, 2012. 2. Banks were advised in November 2005 to make available a basic banking 'no-frills' account either with 'nil' or very low minimum balance as w
RBI/2012-13/164 DBOD.No. Leg. BC.35/09.07.005/2012-13 August 10, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Account Please refer to paragraphs 88 and 89 of Monetary Policy Statement for the year 2012-13 announced on April 17, 2012. 2. Banks were advised in November 2005 to make available a basic banking 'no-frills' account either with 'nil' or very low minimum balance as w
ఆగ 10, 2012
Issue of multicity / payable at all branches cheques by CBS enabled banks
RBI/2012-13/163 DPSS.CO.CHD.No.274/03.01.02/2012-13 August 10, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir Issue of multicity / payable at all branches cheques by CBS enabled banks As you are aware, various Core Banking Solutions (CBS) implemented in banks marked a paradigm shift in Customer Se
RBI/2012-13/163 DPSS.CO.CHD.No.274/03.01.02/2012-13 August 10, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir Issue of multicity / payable at all branches cheques by CBS enabled banks As you are aware, various Core Banking Solutions (CBS) implemented in banks marked a paradigm shift in Customer Se
ఆగ 07, 2012
Revised Kisan Credit Card (KCC) Scheme
RBI/2012-13/162 RPCD.FSD.BC.No.23/05.05.09/2012-13 August 7, 2012 The Chairman and Managing Director/CEOs All Scheduled Commercial Banks (Excluding RRBs) Madam / Dear Sir, Revised Kisan Credit Card (KCC) Scheme Please refer to our circular RPCD.FSD.BC.No. 77/05.05.09/2011-12 dated May 11, 2012 on the above subject. 2. It has been decided to make certain changes in the revised KCC Scheme as indicated in the Annex. All banks are advised to take note and implement the re
RBI/2012-13/162 RPCD.FSD.BC.No.23/05.05.09/2012-13 August 7, 2012 The Chairman and Managing Director/CEOs All Scheduled Commercial Banks (Excluding RRBs) Madam / Dear Sir, Revised Kisan Credit Card (KCC) Scheme Please refer to our circular RPCD.FSD.BC.No. 77/05.05.09/2011-12 dated May 11, 2012 on the above subject. 2. It has been decided to make certain changes in the revised KCC Scheme as indicated in the Annex. All banks are advised to take note and implement the re
ఆగ 02, 2012
Relaxation in Branch Licensing Policy - Tier 2 Centres
RBI/2012-13/158 RPCD.CO.RRB.BL.BC.No. 19/03.05.90/2012-13 August 1, 2012 All Regional Rural Banks Dear Sir, Relaxation in Branch Licensing Policy - Tier 2 Centres Please refer to our circular RPCD.CO.RRB.BC.No.28/03.05.90-A/2011-12 dated November 18, 2010, permitting Regional Rural Banks (RRBs) to open branches in Tier 3 to Tier 6 centres (with population up to 49,999 as per Census 2001), without having the need to take permission from Reserve Bank of India in each ca
RBI/2012-13/158 RPCD.CO.RRB.BL.BC.No. 19/03.05.90/2012-13 August 1, 2012 All Regional Rural Banks Dear Sir, Relaxation in Branch Licensing Policy - Tier 2 Centres Please refer to our circular RPCD.CO.RRB.BC.No.28/03.05.90-A/2011-12 dated November 18, 2010, permitting Regional Rural Banks (RRBs) to open branches in Tier 3 to Tier 6 centres (with population up to 49,999 as per Census 2001), without having the need to take permission from Reserve Bank of India in each ca
ఆగ 02, 2012
RRBs - Maintenance of SLR
RBI/2012-13/159 RPCD.CO.RRB. BC. No.22/03.05.28(B)/2012-13 @@NBSP@@@@NBSP@@ August 01, 2012 All Regional Rural Banks Dear Sir, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD. CO. RRB. BC. No. 43 / 03.05.28(B)/ 2010-11 dated December 27, 2010, on the captioned subject. 2. As announced in the First-Quarter Review of the Monetary Policy 2012-13 on July 31, 2012, it has been decided to redu
RBI/2012-13/159 RPCD.CO.RRB. BC. No.22/03.05.28(B)/2012-13 @@NBSP@@@@NBSP@@ August 01, 2012 All Regional Rural Banks Dear Sir, Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular RPCD. CO. RRB. BC. No. 43 / 03.05.28(B)/ 2010-11 dated December 27, 2010, on the captioned subject. 2. As announced in the First-Quarter Review of the Monetary Policy 2012-13 on July 31, 2012, it has been decided to redu
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