RBI/2014-15/319 DCBR.CO.BPD (AD).Cir. No.2 /14.01.062/2014-15 November 26, 2014 The Chief Executive Officer All State / Central Coop. Banks (StCBs/CCBs) Madam/ Dear Sir, Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards Please refer to our circular RPCD.RRB.RCB.AML.No.1288/07.51.018/2014-15 dated July 28, 2014 on risks arising from the deficiencies in AML / CFT regime of certain jurisdictions. 2. Financial Action Task Force (FATF) has

RBI/2014-15/317 DBR.AML.No.7750/14.06.001/2014-15 November 25, 2014 The Chairpersons / CEOs of all Scheduled Commercial Banks, Regional Rural Banks / Local Area Banks / All India Financial Institutions Madam/Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999)/1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD.AML No.6440/14.06.001/2014-15 dated October 30, 2014 on the captioned subject releasing 19th up

RBI/2014-15/315 DBR.CO.RRB.No.5559/03.05.365/2014-15 November 25, 2014 All Regional Rural Banks Madam/Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular RPCD.RRB.RCB.AML.No.3509/07.51.19/2014-15 dated September 30, 2014 on the captioned subject releasing 18th update dated September 23, 2014 regarding UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanc

RBI/2014-15/311 DBR.No.DEA Fund Cell.BC. 49/30.01.002/2014-15 November 21, 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, The Depositor Education and Awareness Fund Scheme, 2014 –Section 26A of Banking Regulation Act, 1949- Due diligence of customers Please refer to circular DBOD.No.DEAF

RBI/2014-15/312 DBR. No.Ret. BC. 48 /12.06.136/2014-15 November 21, 2014 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Doha Bank Qsc We advise that the name of “Doha Bank Qsc" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DBOD.IBD.No. 20328/23.03.029/2013-14 dated June 18, 2014, published in the Gazette of India (Part III – Section 4) dated July 26, 2

RBI/2014-15/308 DBR.Dir.BC.No.47/13.03.00/2014-15 November 20, 2014 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Levy of penal charges on non-maintenance of minimum balances in savings bank accounts Please refer to our circular DBOD.Dir.BC.53/13.10.00/2002-03 dated December 26, 2002 on ‘Minimum Balance in Savings Bank Accounts’ advising banks to inform customers, in a transparent manner, regarding the requirement of minimum balance in savings bank ac

RBI/2014-15/303 DCBR.CO.BPD.(PCB). Cir No 2/12.05.001/2014-15 November 13, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Cheque related fraud cases - preventive measures The rise in the number of cheque related fraud cases is a matter of serious concern. It is evident that many of such frauds could have been avoided had due diligence been observed at the time of handling and/or processing the cheques and monitoring newly ope

RBI/2014-15/302 DCBR.CO.BPD .(AD). Cir No 1/14.01.062/2014-15 November 13, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Madam / 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.1/14.01.062/2014-15 July 31, 2014 on risks arising from the deficiencies in AML / CFT regime of certain jurisdictions. 2. Financial Actio

RBI/2014-15/300 DNBR (PD) CC.No. 003/22.10.91/2014-15 November 10, 2014 Dear Sirs, Review of the Non-Banking Financial Company – Factors (Reserve Bank) Directions, 2012 Please refer to DNBS (PD) CC. No. 297/Factor/22.10.91/ 2012-13, dated July 23, 2012 in terms of which an NBFC-Factor shall ensure that its financial assets in the factoring business constitute at least 75 per cent of its total assets and its income derived from factoring business is not less than 75 pe

RBI/2014-15/299 DNBR (PD) CC.No. 002/03.10.001/2014-15 November 10, 2014 All NBFCs (excluding Primary Dealers) Dear Sirs, Revised Regulatory Framework for NBFC The NBFC (Non-Banking Finance Company) sector has evolved considerably in terms of its size, operations, technological sophistication, and entry into newer areas of financial services and products. NBFCs are now deeply interconnected with the entities in the financial sector, on both sides of their balance shee