Consumer Education and Protection

Distribution of Banknotes & Coins - Review of Incentives & Penalties

RBI/2013-14/450DCM (CC) No.G-16/03.39.01/2013-14 January 13, 2014 The Chairman & Managing Directors/ Chief Executive Officers All Scheduled Commercial Banks (Including RRBs, UCBs, State Cooperative Bank & District Central Cooperative Banks) Dear Sir / Madam, Distribution of Banknotes & Coins – Review of Incentives & Penalties Please refer to Sl No.4 of our Circular DCM (CC) No.G-10/03.39.01/2013-14 dated August 12, 2013, whereby we had extended the sch

RBI/2013-14/450DCM (CC) No.G-16/03.39.01/2013-14 January 13, 2014 The Chairman & Managing Directors/ Chief Executive Officers All Scheduled Commercial Banks (Including RRBs, UCBs, State Cooperative Bank & District Central Cooperative Banks) Dear Sir / Madam, Distribution of Banknotes & Coins – Review of Incentives & Penalties Please refer to Sl No.4 of our Circular DCM (CC) No.G-10/03.39.01/2013-14 dated August 12, 2013, whereby we had extended the sch

Distribution of Banknotes & Coins - Review of Incentives & Penalties

Alteration in the name of "Development Credit Bank Limited" to "DCB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934

RBI/2013-14/442 Ref.DBOD.No.Ret.BC /83/12.06.097/2013-14 January 10, 2014 All Scheduled Commercial Banks Dear Sir Alteration in the name of "Development Credit Bank Limited" to "DCB Bank Limited " in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "Development Credit Bank Limited” has been changed to "DCB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934 w.e.f. October 24, 2013 vide Notification DBOD.PSBD

RBI/2013-14/442 Ref.DBOD.No.Ret.BC /83/12.06.097/2013-14 January 10, 2014 All Scheduled Commercial Banks Dear Sir Alteration in the name of "Development Credit Bank Limited" to "DCB Bank Limited " in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "Development Credit Bank Limited” has been changed to "DCB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934 w.e.f. October 24, 2013 vide Notification DBOD.PSBD

Alteration in the name of "Development Credit Bank Limited" to "DCB Bank Limited" in the Second Schedule to the Reserve Bank of India Act, 1934

Resident Bank account maintained by residents in India - Joint holder - liberalization

RBI/2013-2014/437 A.P. (DIR Series) Circular No. 87 January 9, 2014 To All Banks Authorised to deal in Foreign Exchange Madam/Sir, Resident Bank account maintained by residents in India – Joint holder – liberalization Attention of Authorised Dealer (AD) banks is invited to A.P.(DIR Series) Circular No.12 dated September 15, 2011 in terms of which individuals resident in India were permitted to include non-resident close relative(s) (relatives as defined in Section 6 o

RBI/2013-2014/437 A.P. (DIR Series) Circular No. 87 January 9, 2014 To All Banks Authorised to deal in Foreign Exchange Madam/Sir, Resident Bank account maintained by residents in India – Joint holder – liberalization Attention of Authorised Dealer (AD) banks is invited to A.P.(DIR Series) Circular No.12 dated September 15, 2011 in terms of which individuals resident in India were permitted to include non-resident close relative(s) (relatives as defined in Section 6 o

Resident Bank account maintained by residents in India - Joint holder - liberalization

Lending Against Security of Single Product - Gold Jewellery

RBI/2013-14/435 DNBS.CC.PD.No. 365/03.10.01/2013-14 January 08, 2014 To All NBFCs (excluding PDs) Dear Sirs, Lending Against Security of Single Product – Gold Jewellery Please refer to circular DNBS.CC.PD.No.356/03.10.01/2013-14 dated September 16, 2013 (‘the circular’) issued in line with the recommendations of the Working Group to Study the Issues Related to Gold Imports and Gold Loan NBFCs in India (K U B Rao Working Group). Reference is also drawn to circular DNBS

RBI/2013-14/435 DNBS.CC.PD.No. 365/03.10.01/2013-14 January 08, 2014 To All NBFCs (excluding PDs) Dear Sirs, Lending Against Security of Single Product – Gold Jewellery Please refer to circular DNBS.CC.PD.No.356/03.10.01/2013-14 dated September 16, 2013 (‘the circular’) issued in line with the recommendations of the Working Group to Study the Issues Related to Gold Imports and Gold Loan NBFCs in India (K U B Rao Working Group). Reference is also drawn to circular DNBS

Lending Against Security of Single Product - Gold Jewellery

Inflation Indexed National Savings Securities- Cumulative, 2013

RBI/2013-14/418 DGBA.CDD.No.3798/13.01.999/2013-2014 December 30, 2013 The Chairman & Managing Director Head Office (Government Accounts Department) State Bank of India & Associate Banks All Nationalised Banks ICICI Bank Ltd., HDFC Bank Ltd, Axis Bank Ltd., and Stock Holding Corporation of India Ltd (SHCIL). Dear Sir/Madam, Inflation Indexed National Savings Securities- Cumulative, 2013 Please refer to our Circular DGBA.CDD.No. 3688/13.01.999/2013-2014 dated D

RBI/2013-14/418 DGBA.CDD.No.3798/13.01.999/2013-2014 December 30, 2013 The Chairman & Managing Director Head Office (Government Accounts Department) State Bank of India & Associate Banks All Nationalised Banks ICICI Bank Ltd., HDFC Bank Ltd, Axis Bank Ltd., and Stock Holding Corporation of India Ltd (SHCIL). Dear Sir/Madam, Inflation Indexed National Savings Securities- Cumulative, 2013 Please refer to our Circular DGBA.CDD.No. 3688/13.01.999/2013-2014 dated D

Inflation Indexed National Savings Securities- Cumulative, 2013

Borrowing and Lending in Rupees - Investments by persons resident outside India in the tax free, secured, redeemable, non-convertible bonds

RBI/2013-14/416 A.P. (DIR Series) Circular No.81 December 24, 2013 To All Authorised Dealer Category - I Banks Madam / Dear Sir Borrowing and Lending in Rupees - Investments by persons resident outside India in the tax free, secured, redeemable, non-convertible bonds Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to the Regulation No. 6 (2) of Foreign Exchange Management (Borrowing and Lending in Rupees) Regulations, 2000 (Notification

RBI/2013-14/416 A.P. (DIR Series) Circular No.81 December 24, 2013 To All Authorised Dealer Category - I Banks Madam / Dear Sir Borrowing and Lending in Rupees - Investments by persons resident outside India in the tax free, secured, redeemable, non-convertible bonds Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to the Regulation No. 6 (2) of Foreign Exchange Management (Borrowing and Lending in Rupees) Regulations, 2000 (Notification

Borrowing and Lending in Rupees - Investments by persons resident outside India in the tax free, secured, redeemable, non-convertible bonds

Special Deposit Scheme 1975 - Payment of interest for the calendar year 2013

RBI/2013-14/415 DGBA.CDD. No.3622/15.01.001/2013-14 December 18, 2013 The Chairman & Managing Director Head Office Government Accounts Department 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 Allahabad Bank / Bank of Baroda / Bank of India / Bank of Maharashtra/ Canara Bank / Central Bank of India / Corporation Bank / Dena Bank / Indian Bank/ Indian Overseas B

RBI/2013-14/415 DGBA.CDD. No.3622/15.01.001/2013-14 December 18, 2013 The Chairman & Managing Director Head Office Government Accounts Department 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 Allahabad Bank / Bank of Baroda / Bank of India / Bank of Maharashtra/ Canara Bank / Central Bank of India / Corporation Bank / Dena Bank / Indian Bank/ Indian Overseas B

Special Deposit Scheme 1975 - Payment of interest for the calendar year 2013

Inflation Indexed National Savings Securities- Cumulative, 2013

RBI 2013-14/411 DGBA.CDD.No. 3688/13.01.999/2013-2014 December 19, 2013 The Chairman & Managing Director Head Office (Government Accounts Department)State Bank of India & Associate Banks All Nationalised Banks ICICI Bank Ltd., HDFC Bank Ltd, Axis Bank Ltd., andStock Holding Corporation of India Ltd (SHCIL). Dear Sir/Madam, Inflation Indexed National Savings Securities- Cumulative, 2013 It has been decided by the Government of India, as per their Notification F

RBI 2013-14/411 DGBA.CDD.No. 3688/13.01.999/2013-2014 December 19, 2013 The Chairman & Managing Director Head Office (Government Accounts Department)State Bank of India & Associate Banks All Nationalised Banks ICICI Bank Ltd., HDFC Bank Ltd, Axis Bank Ltd., andStock Holding Corporation of India Ltd (SHCIL). Dear Sir/Madam, Inflation Indexed National Savings Securities- Cumulative, 2013 It has been decided by the Government of India, as per their Notification F

Inflation Indexed National Savings Securities- Cumulative, 2013

Revised General Credit Card (GCC) Scheme

RBI/2013-14/389 RPCD.MSME & NFS.BC.No.61/06.02.31/2013-14 December 2, 2013 The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Including Regional Rural Banks) Dear Sir / Madam Revised General Credit Card (GCC) Scheme Please refer to our circular RPCD.CO.No.RRB.BC.59/03.05.33(F)/2005-06 dated December 27, 2005 and circular no. RPCD.CO.Plan.BC.No.66/04.09.01/2007-08 dated May 06, 2008 on the General Credit Card (GCC) Scheme. 2. Du

RBI/2013-14/389 RPCD.MSME & NFS.BC.No.61/06.02.31/2013-14 December 2, 2013 The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Including Regional Rural Banks) Dear Sir / Madam Revised General Credit Card (GCC) Scheme Please refer to our circular RPCD.CO.No.RRB.BC.59/03.05.33(F)/2005-06 dated December 27, 2005 and circular no. RPCD.CO.Plan.BC.No.66/04.09.01/2007-08 dated May 06, 2008 on the General Credit Card (GCC) Scheme. 2. Du

Revised General Credit Card (GCC) Scheme

Periodicity of Payment of Interest on Rupee Savings/Term Deposits

RBI/2013-14/385 DBOD.No.Dir.BC. 69/13.03.00/2013-14 November 29, 2013 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam Periodicity of Payment of Interest on Rupee Savings/Term Deposits Please refer to paragraph 23 of the Second Quarter Review of Monetary Policy 2013-14 announced on October 29, 2013 (extract enclosed) on periodicity of payment of interest on savings and term deposits. 2. In this connection, a reference is also invited to paragraph 2

RBI/2013-14/385 DBOD.No.Dir.BC. 69/13.03.00/2013-14 November 29, 2013 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam Periodicity of Payment of Interest on Rupee Savings/Term Deposits Please refer to paragraph 23 of the Second Quarter Review of Monetary Policy 2013-14 announced on October 29, 2013 (extract enclosed) on periodicity of payment of interest on savings and term deposits. 2. In this connection, a reference is also invited to paragraph 2

Periodicity of Payment of Interest on Rupee Savings/Term Deposits