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Master Circulars

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جولائی 01, 2010
Master Circular - Guidelines for Issue of Commercial Paper
RBI/2010-11/84 IDMD.DOD.14 /11.08.36/2010-11 July 1, 2010 The Chairmen/Chief Executives of All Scheduled Banks, Primary Dealers and All-India Financial Institutions Dear Sir, Master Circular - Guidelines for Issue of Commercial Paper As you are aware, Commercial Paper (CP), an unsecured money market instrument issued in the form of a promissory note, was introduced in India in 1990 with a view to enabling highly rated corporate borrowers to diversify their sources of
RBI/2010-11/84 IDMD.DOD.14 /11.08.36/2010-11 July 1, 2010 The Chairmen/Chief Executives of All Scheduled Banks, Primary Dealers and All-India Financial Institutions Dear Sir, Master Circular - Guidelines for Issue of Commercial Paper As you are aware, Commercial Paper (CP), an unsecured money market instrument issued in the form of a promissory note, was introduced in India in 1990 with a view to enabling highly rated corporate borrowers to diversify their sources of
جولائی 01, 2010
Master Circular - Guidelines for Issue of Certificates of Deposit
RBI/2010-11/83 IDMD.DOD.13 /11.08.36/2010-11@@NBSP@@ July 1, 2010 The Chairmen / Chief Executives of All Scheduled Banks (excluding RRBs and LABs) and All-India Term Lending and Refinancing Institutions Dear Sir, Master Circular - Guidelines for Issue of Certificates of Deposit As you are aware, with a view to further widening the range of money market instruments and give investors greater flexibility in deployment of their short-term surplus funds, Certificates of D
RBI/2010-11/83 IDMD.DOD.13 /11.08.36/2010-11@@NBSP@@ July 1, 2010 The Chairmen / Chief Executives of All Scheduled Banks (excluding RRBs and LABs) and All-India Term Lending and Refinancing Institutions Dear Sir, Master Circular - Guidelines for Issue of Certificates of Deposit As you are aware, with a view to further widening the range of money market instruments and give investors greater flexibility in deployment of their short-term surplus funds, Certificates of D
جون 15, 2010
Display at ATM sites - procedure for lodging of ATM complaints and uniform template for filing complaints

DPSS No.2753/02.10.02/2009-2010

June 15, 2010

The Chairman and Managing Director / Chief Executive Officers
All Scheduled Commercial Banks including RRBs /
Urban Co-operative Banks / State Co-operative Banks /
District Central Co-operative Banks

Madam/Dear Sir,

Display at ATM sites – procedure for lodging of ATM complaints and uniform template for filing complaints

Kindly refer to our letters DPSS No. 1316/02.10.02/2009-10 dated December 18, 2009, DPSS/CO/PD/2018/02.10.02/2009-10 dated March 19, 2010, on the above subject. We had vide these letters advised banks to display the procedure and contact information, and also make available at all ATM sites, the uniform template circulated by Indian Banks Association (IBA) for lodging of complaints relating to ATM transactions.

2. To assess the compliance to these instructions we had undertaken random visits to number of ATM sites of various banks across the country. It is observed that at a vast majority of the ATM sites the instructions contained in the circulars referred to above have not been adhered to despite a compliance furnished by the banks.

3. You will appreciate that the above system was introduced keeping in view the interest of bank customers. In view of the above observations, we request you to kindly bestow your personal attention to the matter and ensure that the instructions above are adhered to in letter and spirit.

Yours faithfully,

(G. Padmanabhan)
Chief General Manager

DPSS No.2753/02.10.02/2009-2010

June 15, 2010

The Chairman and Managing Director / Chief Executive Officers
All Scheduled Commercial Banks including RRBs /
Urban Co-operative Banks / State Co-operative Banks /
District Central Co-operative Banks

Madam/Dear Sir,

Display at ATM sites – procedure for lodging of ATM complaints and uniform template for filing complaints

Kindly refer to our letters DPSS No. 1316/02.10.02/2009-10 dated December 18, 2009, DPSS/CO/PD/2018/02.10.02/2009-10 dated March 19, 2010, on the above subject. We had vide these letters advised banks to display the procedure and contact information, and also make available at all ATM sites, the uniform template circulated by Indian Banks Association (IBA) for lodging of complaints relating to ATM transactions.

2. To assess the compliance to these instructions we had undertaken random visits to number of ATM sites of various banks across the country. It is observed that at a vast majority of the ATM sites the instructions contained in the circulars referred to above have not been adhered to despite a compliance furnished by the banks.

3. You will appreciate that the above system was introduced keeping in view the interest of bank customers. In view of the above observations, we request you to kindly bestow your personal attention to the matter and ensure that the instructions above are adhered to in letter and spirit.

Yours faithfully,

(G. Padmanabhan)
Chief General Manager

مئی 03, 2010
Customer complaints relating to ATM transactions

May 03, 2010

The Chairman/CEO
All Scheduled Commercial Banks

Dear Sir,

Customer complaints relating to ATM transactions

Kindly refer to our letter No. DPSS/CO/PD/2018/02.10.002/2009-10 dated March 19, 2010 on the introduction of a uniform template for lodging complaints relating to ATM transactions.

2. In this connection we request you to confirm that the templates have since been introduced and are being displayed at your ATMs. We further advise you to place the same on your website also for better customer service.

Yours faithfully,

(K. Sivaraman)
General Manager

May 03, 2010

The Chairman/CEO
All Scheduled Commercial Banks

Dear Sir,

Customer complaints relating to ATM transactions

Kindly refer to our letter No. DPSS/CO/PD/2018/02.10.002/2009-10 dated March 19, 2010 on the introduction of a uniform template for lodging complaints relating to ATM transactions.

2. In this connection we request you to confirm that the templates have since been introduced and are being displayed at your ATMs. We further advise you to place the same on your website also for better customer service.

Yours faithfully,

(K. Sivaraman)
General Manager

مارچ 19, 2010
Customer complaints relating to ATM transactions

May 03, 2010

The Chairman/CEO
All Scheduled Commercial Banks

Dear Sir,

Customer complaints relating to ATM transactions

Kindly refer to our letter No. DPSS/CO/PD/2018/02.10.002/2009-10 dated March 19, 2010 on the introduction of a uniform template for lodging complaints relating to ATM transactions.

2. In this connection we request you to confirm that the templates have since been introduced and are being displayed at your ATMs. We further advise you to place the same on your website also for better customer service.

Yours faithfully,

(K. Sivaraman)
General Manager

May 03, 2010

The Chairman/CEO
All Scheduled Commercial Banks

Dear Sir,

Customer complaints relating to ATM transactions

Kindly refer to our letter No. DPSS/CO/PD/2018/02.10.002/2009-10 dated March 19, 2010 on the introduction of a uniform template for lodging complaints relating to ATM transactions.

2. In this connection we request you to confirm that the templates have since been introduced and are being displayed at your ATMs. We further advise you to place the same on your website also for better customer service.

Yours faithfully,

(K. Sivaraman)
General Manager

فروری 08, 2010
Master Circular - Prudential Guidelines on Capital Adequacy and Market Discipline - New Capital Adequacy Framework (NCAF)
RBI/2009-10/308 DBOD.No.BP.BC. 73 /21.06.001/2009-10 February 8, 2010 All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Master Circular - Prudential Guidelines on Capital Adequacy@@NBSP@@ and Market Discipline – New Capital Adequacy Framework (NCAF) Please refer to paragraphs 153 and 154 of Second Quarter Review of Monetary Policy 2009-10 announced on October 27, 2009 on Enhancement to Basel II Framework (extract annexed).
RBI/2009-10/308 DBOD.No.BP.BC. 73 /21.06.001/2009-10 February 8, 2010 All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Master Circular - Prudential Guidelines on Capital Adequacy@@NBSP@@ and Market Discipline – New Capital Adequacy Framework (NCAF) Please refer to paragraphs 153 and 154 of Second Quarter Review of Monetary Policy 2009-10 announced on October 27, 2009 on Enhancement to Basel II Framework (extract annexed).
ستمبر 18, 2009
Master Circular - Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)
RBI/2009-10/163 DBOD.No.Ret. BC.45/12.01.001/2009-10 @@NBSP@@September 18, 2009 Bhadra 26, 1931 (Saka) All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Master Circular - Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) Please refer to the Master Circular RBI/2006-07/145 DBOD.No.Ret.BC.34/12.01.001/2006-07 dated October 11, 2006 on the above mentioned subject. The Master Circular has been suitably updated incorporating instructions
RBI/2009-10/163 DBOD.No.Ret. BC.45/12.01.001/2009-10 @@NBSP@@September 18, 2009 Bhadra 26, 1931 (Saka) All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Master Circular - Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) Please refer to the Master Circular RBI/2006-07/145 DBOD.No.Ret.BC.34/12.01.001/2006-07 dated October 11, 2006 on the above mentioned subject. The Master Circular has been suitably updated incorporating instructions
جولائی 01, 2009
Master Circular - Prudential Norms on Capital Adequacy-Basel I Framework
RBI/2009-2010/37 DBOD.No.BP.BC. 6 /21.01.002/2009-10 July 1, 2009 All Commercial Banks (excluding RRBs) Dear Sir, Master Circular - Prudential Norms on Capital Adequacy-Basel I Framework Please refer to the Master Circular No. DBOD.BP.BC.2/21.01.002/2008-2009 dated July 1, 2008 consolidating instructions / guidelines issued to banks till June 30, 2008 on matters relating to prudential norms on capital adequacy. The Master Circular has been suitably updated by incorpor
RBI/2009-2010/37 DBOD.No.BP.BC. 6 /21.01.002/2009-10 July 1, 2009 All Commercial Banks (excluding RRBs) Dear Sir, Master Circular - Prudential Norms on Capital Adequacy-Basel I Framework Please refer to the Master Circular No. DBOD.BP.BC.2/21.01.002/2008-2009 dated July 1, 2008 consolidating instructions / guidelines issued to banks till June 30, 2008 on matters relating to prudential norms on capital adequacy. The Master Circular has been suitably updated by incorpor
جولائی 01, 2009
Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs)
RBI/2009-10/30 DBOD.BP.BC.No.5/21.04.172/2009-10@@NBSP@@ July 1, 2009 Chairman and Managing Directors / Chief Executives of All Commercial Banks Dear Sir, Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs) Please refer to our Master Circular No.RBI/2008-09/33 DBOD.BP.BC.No.4/08.12.01/2008-2009 dated July 1, 2008 on the captioned subject. The Master Circular has been suitably updated by incorporating instructions issued up to June 30, 2009 and ha
RBI/2009-10/30 DBOD.BP.BC.No.5/21.04.172/2009-10@@NBSP@@ July 1, 2009 Chairman and Managing Directors / Chief Executives of All Commercial Banks Dear Sir, Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs) Please refer to our Master Circular No.RBI/2008-09/33 DBOD.BP.BC.No.4/08.12.01/2008-2009 dated July 1, 2008 on the captioned subject. The Master Circular has been suitably updated by incorporating instructions issued up to June 30, 2009 and ha
جولائی 01, 2009
Master Circular - Guidelines for Relief Measures by Banks in Areas affected by Natural Calamities
RBI/2009-10/ 36 RPCD. No. PLFS. BC.@@NBSP@@ 1@@NBSP@@@@NBSP@@ / 05.04.02/ 2009- 10 July 1, 2009 The Chairman/Managing Director/Chief Executive Officer All scheduled commercial banks (excluding Regional Rural Banks) Dear Sir, MASTER CIRCULAR - GUIDELINES FOR RELIEF MEASURES BY BANKS IN AREAS AFFECTED BY NATURAL CALAMITIES Please refer to our Master Circular RPCD.No.PLFS.BC.1 /05.04.02/2008-09 dated July 1, 2008, incorporating guidelines issued to banks in regard to mat
RBI/2009-10/ 36 RPCD. No. PLFS. BC.@@NBSP@@ 1@@NBSP@@@@NBSP@@ / 05.04.02/ 2009- 10 July 1, 2009 The Chairman/Managing Director/Chief Executive Officer All scheduled commercial banks (excluding Regional Rural Banks) Dear Sir, MASTER CIRCULAR - GUIDELINES FOR RELIEF MEASURES BY BANKS IN AREAS AFFECTED BY NATURAL CALAMITIES Please refer to our Master Circular RPCD.No.PLFS.BC.1 /05.04.02/2008-09 dated July 1, 2008, incorporating guidelines issued to banks in regard to mat
جولائی 01, 2009
Master Circular - Levy of Penal Interest for Delayed Reporting/Wrong Reporting/Non-Reporting of Currency Chest Transactions and Penal Measures for Cases involving Shortages/Inclusion of Counterfeit Banknotes in Chest Balances/Chest remittances
RBI/2009-10/89 DCM(CC) No.G-1 /03.35.01/2009-10 July 01, 2009 1. The Chairman& Managing Director/Chief Executive Officer (All Banks having Currency Chests) 2. Director of Treasuries (State Governments as per list enclosed) Dear Sir/Madam Master Circular – Levy of Penal Interest for Delayed Reporting/Wrong Reporting/Non-Reporting of Currency Chest Transactions and Penal Measures for Cases involving Shortages/Inclusion of Counterfeit Banknotes in Chest Balances/Ches
RBI/2009-10/89 DCM(CC) No.G-1 /03.35.01/2009-10 July 01, 2009 1. The Chairman& Managing Director/Chief Executive Officer (All Banks having Currency Chests) 2. Director of Treasuries (State Governments as per list enclosed) Dear Sir/Madam Master Circular – Levy of Penal Interest for Delayed Reporting/Wrong Reporting/Non-Reporting of Currency Chest Transactions and Penal Measures for Cases involving Shortages/Inclusion of Counterfeit Banknotes in Chest Balances/Ches
جولائی 01, 2009
Master Circular on Appointment & delisting of Brokers and Payment of Brokerage on Relief / Savings Bonds
RBI/2009-10/53 DGBA.CDD No. H 23/ 13.01.299 / 2009-10 July 1, 2009 Ashadha 9, 1931 (S) The Chairman / Managing Director State Bank of India and Associate banks 17 Nationalized banks ICICI Bank Ltd / IDBI Bank Ltd / HDFC Bank Ltd / Axis Bank Ltd Stock Holding Corporation of India Ltd Dear Sir, Master Circular on Appointment & delisting of Brokers and Payment of Brokerage on Relief / Savings Bonds Please refer to our Master Circular No RBI/2008-09/28 dated July 1, 2
RBI/2009-10/53 DGBA.CDD No. H 23/ 13.01.299 / 2009-10 July 1, 2009 Ashadha 9, 1931 (S) The Chairman / Managing Director State Bank of India and Associate banks 17 Nationalized banks ICICI Bank Ltd / IDBI Bank Ltd / HDFC Bank Ltd / Axis Bank Ltd Stock Holding Corporation of India Ltd Dear Sir, Master Circular on Appointment & delisting of Brokers and Payment of Brokerage on Relief / Savings Bonds Please refer to our Master Circular No RBI/2008-09/28 dated July 1, 2
جولائی 01, 2009
Master Circular Priority Sector Lending-Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
RBI/2009-10/32 RPCD.SP.BC.No.4/09.09.01/2009-10 July 1, 2009 All Indian Scheduled Commercial Banks Dear Sir, Master Circular Priority Sector Lending-Credit facilities to Scheduled Castes (SCs)@@NBSP@@ & Scheduled Tribes (STs) Reserve Bank of India has, periodically, issued instructions / directives to banks with regard to providing Credit facilities to Scheduled Castes (SCs) and Scheduled Tribes (STs). To enable banks to have current instructions at one place, a M
RBI/2009-10/32 RPCD.SP.BC.No.4/09.09.01/2009-10 July 1, 2009 All Indian Scheduled Commercial Banks Dear Sir, Master Circular Priority Sector Lending-Credit facilities to Scheduled Castes (SCs)@@NBSP@@ & Scheduled Tribes (STs) Reserve Bank of India has, periodically, issued instructions / directives to banks with regard to providing Credit facilities to Scheduled Castes (SCs) and Scheduled Tribes (STs). To enable banks to have current instructions at one place, a M
جولائی 01, 2009
Master Circular - “Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007”
RBI/2009-10/2 DNBS (PD) CC No. 144/ 03.02.001/ 2009-10 July 1, 2009 To The Chairman / CEOs of all Non-Banking Financial (Deposit Accepting or Holding) Companies and Residuary Non-Banking Companies Dear Sir, Master Circular – “Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007”@@NBSP@@ As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued
RBI/2009-10/2 DNBS (PD) CC No. 144/ 03.02.001/ 2009-10 July 1, 2009 To The Chairman / CEOs of all Non-Banking Financial (Deposit Accepting or Holding) Companies and Residuary Non-Banking Companies Dear Sir, Master Circular – “Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007”@@NBSP@@ As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued
جولائی 01, 2009
Master Circular - “Non-Banking Financial (Non - Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007”
RBI 2009-10 /3 DNBS (PD) CC No.145/ 03.02.001 / 2009-10 July 1, 2009 To The Chairman / CEOs of all Non-Banking Financial (Non - Deposit Accepting or Holding) Companies Dear Sir, Master Circular – “Non-Banking Financial (Non - Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued a Master Circular No. 117 on t
RBI 2009-10 /3 DNBS (PD) CC No.145/ 03.02.001 / 2009-10 July 1, 2009 To The Chairman / CEOs of all Non-Banking Financial (Non - Deposit Accepting or Holding) Companies Dear Sir, Master Circular – “Non-Banking Financial (Non - Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued a Master Circular No. 117 on t
جولائی 01, 2009
Master Circular - “Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2008.”
RBI/2009-10/4 DNBS(PD)CC No.146 /03.02.001/2009-10 @@NBSP@@@@NBSP@@@@NBSP@@ July 1, 2009 To The Chairman/CEOs of all Non-Banking Financial Companies (except Residuary Non-Banking Companies and Miscellaneous Non-Banking Companies) Dear Sir, Master Circular – “Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2008.” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued a Ma
RBI/2009-10/4 DNBS(PD)CC No.146 /03.02.001/2009-10 @@NBSP@@@@NBSP@@@@NBSP@@ July 1, 2009 To The Chairman/CEOs of all Non-Banking Financial Companies (except Residuary Non-Banking Companies and Miscellaneous Non-Banking Companies) Dear Sir, Master Circular – “Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2008.” As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued a Ma
جولائی 01, 2009
Master Circular- Frauds - Future approach towards monitoring of frauds in NBFCs
RBI/2009-10/7 DNBS.PD.CC. No. 149 / 03.10.042 / 2009-10 @@NBSP@@July 1, 2009 All Deposit taking NBFCs (including RNBCs) Dear Sirs, Master Circular- Frauds – Future approach towards monitoring of frauds in NBFCs As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued a Master Circular@@NBSP@@@@NBSP@@ No@@NBSP@@ 121@@NBSP@@ @@NBSP@@@@NBSP@@on the@@NBSP@@ captioned subject, which is now updated up to 3
RBI/2009-10/7 DNBS.PD.CC. No. 149 / 03.10.042 / 2009-10 @@NBSP@@July 1, 2009 All Deposit taking NBFCs (including RNBCs) Dear Sirs, Master Circular- Frauds – Future approach towards monitoring of frauds in NBFCs As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued a Master Circular@@NBSP@@@@NBSP@@ No@@NBSP@@ 121@@NBSP@@ @@NBSP@@@@NBSP@@on the@@NBSP@@ captioned subject, which is now updated up to 3
جولائی 01, 2009
Master Circular - 'Know Your Customer' (KYC) Guidelines - Anti Money Laundering Standards
RBI/2009-10/9 DNBS (PD) CC No. 151/03.10.42/ 2009-10 July 1, 2009 To All Non-Banking Financial Companies (NBFCs), Miscellaneous Non-Banking Companies (MNBCs), and Residuary Non-Banking Companies (RNBCs) Dear Sir, Master Circular – 'Know Your Customer' (KYC) Guidelines – Anti Money Laundering Standards As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues Master Circulars on various topics. In accordan
RBI/2009-10/9 DNBS (PD) CC No. 151/03.10.42/ 2009-10 July 1, 2009 To All Non-Banking Financial Companies (NBFCs), Miscellaneous Non-Banking Companies (MNBCs), and Residuary Non-Banking Companies (RNBCs) Dear Sir, Master Circular – 'Know Your Customer' (KYC) Guidelines – Anti Money Laundering Standards As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues Master Circulars on various topics. In accordan
جولائی 01, 2009
Master Circulars - Mortgage Guarantee Companies
RBI/2009-10/14 DNBS (PD-MGC) C.C. No. 4@@NBSP@@ / 23.11.01 / 2009-10 July 1, 2009 To The Chairman/CEOs of all Mortgage Guarantee Companies Dear Sir, Master Circulars – Mortgage Guarantee Companies As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued a Master Circulars on the captioned subject, which is now updated up to 30th June 2009. It may be noted that the Master Circular consolidates and upd
RBI/2009-10/14 DNBS (PD-MGC) C.C. No. 4@@NBSP@@ / 23.11.01 / 2009-10 July 1, 2009 To The Chairman/CEOs of all Mortgage Guarantee Companies Dear Sir, Master Circulars – Mortgage Guarantee Companies As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued a Master Circulars on the captioned subject, which is now updated up to 30th June 2009. It may be noted that the Master Circular consolidates and upd
جولائی 01, 2009
Master Circular - Fair Practices Code
RBI/2009-10/15 DNBS (PD) CC No. 153 / 03.10.042 / 2009-10 July 1, 2009 To All Non-Banking Financial Companies (NBFCs) and Residuary Non-Banking Companies (RNBCs) Dear Sir, Master Circular - Fair Practices Code In order to have all current instructions in one place, the Reserve Bank of India has consolidated all the instructions issued on the topic as at end of June 30, 2009. It may be noted that the Master Circular consolidates and updates all the instructions contain
RBI/2009-10/15 DNBS (PD) CC No. 153 / 03.10.042 / 2009-10 July 1, 2009 To All Non-Banking Financial Companies (NBFCs) and Residuary Non-Banking Companies (RNBCs) Dear Sir, Master Circular - Fair Practices Code In order to have all current instructions in one place, the Reserve Bank of India has consolidated all the instructions issued on the topic as at end of June 30, 2009. It may be noted that the Master Circular consolidates and updates all the instructions contain

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