Notifications - Regulating Commercial Banking - ربی - Reserve Bank of India
notifications
جنوری 10, 2014
Implementation of Section 51-A of UAPA, 1967 -Updates of the UNSCR 1267 (1999) /1989 (2011) Committee's Al Qaida Sanctions List and Consolidated List
RBI/2013-14/443 DNBS(PD).CC. No 366/03.10.42/2013-14 January 10, 2014 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir/Madam, Implementation of Section 51-A of UAPA, 1967 -Updates of the UNSCR 1267 (1999) /1989 (2011) Committee's Al Qaida Sanctions List and Consolidated List Please refer to DNBS (PD).CC.No 358/03.10.42/2013-14 dated October 3, 2013. The Chairman of UN Security Council's 1267/ 1989 Committee has since issued the updated “A
RBI/2013-14/443 DNBS(PD).CC. No 366/03.10.42/2013-14 January 10, 2014 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir/Madam, Implementation of Section 51-A of UAPA, 1967 -Updates of the UNSCR 1267 (1999) /1989 (2011) Committee's Al Qaida Sanctions List and Consolidated List Please refer to DNBS (PD).CC.No 358/03.10.42/2013-14 dated October 3, 2013. The Chairman of UN Security Council's 1267/ 1989 Committee has since issued the updated “A
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جنوری 10, 2014
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
جنوری 09, 2014
RRBs/StCBs/CCBs- Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 - Amendment to Section 13(2)
RBI/2013-14/441 RPCD.RRB.RCB.AML.BC.No. 75/07.51.018/2013-14 January 09, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Amendment to Section 13(2) Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33(E)/2004-05 and R
RBI/2013-14/441 RPCD.RRB.RCB.AML.BC.No. 75/07.51.018/2013-14 January 09, 2014 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Madam / Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Amendment to Section 13(2) Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33(E)/2004-05 and R
جنوری 07, 2014
Application of Minimum Capital Adequacy Norms to State and Central Cooperative Banks (StCBs/CCBs)
RBI/2013-14/433 RPCD.RCB.BC.73/07.51.012/2013-14 January 7, 2014 The Chairman / Managing Director All State and Central Cooperative Banks Dear Sir / Madam, Application of Minimum Capital Adequacy Norms to State and Central Cooperative Banks (StCBs/CCBs) Please refer to the circular RPCD.CO.RF.BC.40/07.38.03/2007-08 dated December 4, 2007 wherein the State and Central Cooperative Banks had been advised to disclose the level of Capital to Risk weighted Assets Ratio (CRA
RBI/2013-14/433 RPCD.RCB.BC.73/07.51.012/2013-14 January 7, 2014 The Chairman / Managing Director All State and Central Cooperative Banks Dear Sir / Madam, Application of Minimum Capital Adequacy Norms to State and Central Cooperative Banks (StCBs/CCBs) Please refer to the circular RPCD.CO.RF.BC.40/07.38.03/2007-08 dated December 4, 2007 wherein the State and Central Cooperative Banks had been advised to disclose the level of Capital to Risk weighted Assets Ratio (CRA
جنوری 07, 2014
Banks’ Exposure to Central Counterparties (CCPs) - Interim Arrangements
RBI/2013-14/430 DBOD.No.BP.BC.82/21.06.217/2013-14 January 7, 2014 The Chairman and Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir / Madam, Banks’ Exposure to Central Counterparties (CCPs) - Interim Arrangements In terms of para 2.1.1.1 of the Master Circular on Exposure Norms dated July 1, 2013, the exposure limit applicable to a single counterparty of a bank is 15 per cent of its capital funds.
RBI/2013-14/430 DBOD.No.BP.BC.82/21.06.217/2013-14 January 7, 2014 The Chairman and Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir / Madam, Banks’ Exposure to Central Counterparties (CCPs) - Interim Arrangements In terms of para 2.1.1.1 of the Master Circular on Exposure Norms dated July 1, 2013, the exposure limit applicable to a single counterparty of a bank is 15 per cent of its capital funds.
جنوری 07, 2014
RRBs - Guidelines for Classification and Valuation of Investments
RBI/2013-14/434 RPCD.CO.RRB.BC.No. 74/03.05.33/2013-14 January 07, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Guidelines for Classification and Valuation of Investments Please refer to our circular RPCD.RRB.BC.No.59/03.05.34/2010-11 dated April 11, 2011, in terms of which RRBs were exempted from ‘Mark to Market’ (MTM) norms in respect of their entire investment in SLR securities, upto the financial year 2012-13. It has now been decided to withdraw the
RBI/2013-14/434 RPCD.CO.RRB.BC.No. 74/03.05.33/2013-14 January 07, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam, Guidelines for Classification and Valuation of Investments Please refer to our circular RPCD.RRB.BC.No.59/03.05.34/2010-11 dated April 11, 2011, in terms of which RRBs were exempted from ‘Mark to Market’ (MTM) norms in respect of their entire investment in SLR securities, upto the financial year 2012-13. It has now been decided to withdraw the
جنوری 01, 2014
Advances guaranteed by Credit Risk Guarantee Fund Trust for Low Income Housing (CRGFTLIH) - Risk Weights and Provisioning
RBI/2013-14/425 DNBS.PD.363/03.10.38/2013-14 January 1, 2014 All NBFC-MFIs Dear Sirs, Advances guaranteed by Credit Risk Guarantee Fund Trust for Low Income Housing (CRGFTLIH) – Risk Weights and Provisioning The Ministry of Housing & Urban Poverty Alleviation, Government of India has set up the CRGFTLIH vide their Notification No.O-17034/122/2009-H dated June 21, 2012 for the purpose of providing guarantee in respect of low income housing loans. On the issue of as
RBI/2013-14/425 DNBS.PD.363/03.10.38/2013-14 January 1, 2014 All NBFC-MFIs Dear Sirs, Advances guaranteed by Credit Risk Guarantee Fund Trust for Low Income Housing (CRGFTLIH) – Risk Weights and Provisioning The Ministry of Housing & Urban Poverty Alleviation, Government of India has set up the CRGFTLIH vide their Notification No.O-17034/122/2009-H dated June 21, 2012 for the purpose of providing guarantee in respect of low income housing loans. On the issue of as
دسمبر 31, 2013
Basel III Capital Regulations - Capital Requirements for Credit Valuation Adjustment Risk on OTC Derivatives and for Banks’ Exposures to Central Counterparties
RBI/2013-14/424 DBOD.No.BP.BC.81/21.06.201/2013-14 December 31, 2013 The Chairman and Managing Director/ Chief Executives Officer of All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam / Sir, Basel III Capital Regulations – Capital Requirements for Credit Valuation Adjustment Risk on OTC Derivatives and for Banks’ Exposures to Central Counterparties Please refer to circular DBOD.No.BP.BC.88/21.06.201/2012-13 dated March 28, 2013
RBI/2013-14/424 DBOD.No.BP.BC.81/21.06.201/2013-14 December 31, 2013 The Chairman and Managing Director/ Chief Executives Officer of All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam / Sir, Basel III Capital Regulations – Capital Requirements for Credit Valuation Adjustment Risk on OTC Derivatives and for Banks’ Exposures to Central Counterparties Please refer to circular DBOD.No.BP.BC.88/21.06.201/2012-13 dated March 28, 2013
دسمبر 31, 2013
Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 - Amendment to Section 13(2)
RBI/2013-14/421 DBOD.AML.BC. No.80/14.01.001/2013-14 December 31, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Amendment to Section 13(2) Please refer to our Master circular DBOD.AML.BC.No. 2
RBI/2013-14/421 DBOD.AML.BC. No.80/14.01.001/2013-14 December 31, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Amendment to Section 13(2) Please refer to our Master circular DBOD.AML.BC.No. 2
دسمبر 30, 2013
Extension of banking hours in the designated branches, e-payment deadline and acceptance of payment of VCES dues
RBI/2013-14/420 DGBA.GAD.No.H - 3800/42.07.001/2013-14 December 30, 2013 All Agency Banks (authorised to handle CBEC business) Dear Sir/ Madam, Extension of banking hours in the designated branches, e-payment deadline and acceptance of payment of VCES dues The Department of Financial Services, GOI has requested us to facilitate payment of tax under Service Tax Voluntary Compliance Encouragement Scheme, 2013. In this connection, we request that following action may be
RBI/2013-14/420 DGBA.GAD.No.H - 3800/42.07.001/2013-14 December 30, 2013 All Agency Banks (authorised to handle CBEC business) Dear Sir/ Madam, Extension of banking hours in the designated branches, e-payment deadline and acceptance of payment of VCES dues The Department of Financial Services, GOI has requested us to facilitate payment of tax under Service Tax Voluntary Compliance Encouragement Scheme, 2013. In this connection, we request that following action may be
دسمبر 30, 2013
Non-Agriculture Loans against Gold Ornaments and Jewellery
RBI/2013-14/419 DBOD.No.BP.79/21.04.048/2013-14 December 30, 2013 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Non-Agriculture Loans against Gold Ornaments and Jewellery In response to suggestions from banks and with a view to ensuring a level playing field among various market participants, it has been decided to permit bullet repayment of loans extended again
RBI/2013-14/419 DBOD.No.BP.79/21.04.048/2013-14 December 30, 2013 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Non-Agriculture Loans against Gold Ornaments and Jewellery In response to suggestions from banks and with a view to ensuring a level playing field among various market participants, it has been decided to permit bullet repayment of loans extended again
دسمبر 24, 2013
Formation of four new districts in the State of Meghalaya - Assignment of Lead Bank Responsibility
RBI/2013-14/417 RPCD.CO.LBS.BC.No. 72/02.08.001/2013-14 December 24, 2013 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of four new districts in the State of Meghalaya - Assignment of Lead Bank Responsibility The Government of Meghalaya vide Notifications 178 dated 26.07.2012, 165 dated 30.07.2012, 133 dated 02.08.2012 and 163 dated 06.08.2012 has notified formation of four new districts in the State of Meghalaya. It has been decided t
RBI/2013-14/417 RPCD.CO.LBS.BC.No. 72/02.08.001/2013-14 December 24, 2013 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of four new districts in the State of Meghalaya - Assignment of Lead Bank Responsibility The Government of Meghalaya vide Notifications 178 dated 26.07.2012, 165 dated 30.07.2012, 133 dated 02.08.2012 and 163 dated 06.08.2012 has notified formation of four new districts in the State of Meghalaya. It has been decided t
دسمبر 20, 2013
Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax Act, 1961
RBI/2013-14/412 DBOD. No.BP.BC.77/21.04.018/2013-14 December 20, 2013 The Chairmen and Managing Directors / Chief Executive Officers of all Commercial Banks (excluding Regional Rural Banks) Dear Sir, Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax Act, 1961 Please refer to our mailbox clarification dated November 6, 2009 with respect to the 'Special Reserve' created by banks under Section 36(1) (viii) of Income Tax Act, 1
RBI/2013-14/412 DBOD. No.BP.BC.77/21.04.018/2013-14 December 20, 2013 The Chairmen and Managing Directors / Chief Executive Officers of all Commercial Banks (excluding Regional Rural Banks) Dear Sir, Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax Act, 1961 Please refer to our mailbox clarification dated November 6, 2009 with respect to the 'Special Reserve' created by banks under Section 36(1) (viii) of Income Tax Act, 1
دسمبر 20, 2013
Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances - Credit Card Accounts
RBI/2013-14/414 DBOD.No.BP.BC.78/21.04.048/2013-14 December 20, 2013 The Chairman and Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Credit Card Accounts Please refer to paragraph 2.1 of the Master Circular dated July 01, 2013 on Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advance
RBI/2013-14/414 DBOD.No.BP.BC.78/21.04.048/2013-14 December 20, 2013 The Chairman and Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Credit Card Accounts Please refer to paragraph 2.1 of the Master Circular dated July 01, 2013 on Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advance
دسمبر 11, 2013
RRBs/StCBs/DCCBs- Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List
RBI/2013-14/408 RPCD.RRB.RCB.AML.No.6571/07.51.019/2013-14 December 11, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, 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.3949/07.51.019/2013-14 dated September 30, 2013 on the captioned subject releasing 23rd update. We have since recei
RBI/2013-14/408 RPCD.RRB.RCB.AML.No.6571/07.51.019/2013-14 December 11, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, 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.3949/07.51.019/2013-14 dated September 30, 2013 on the captioned subject releasing 23rd update. We have since recei
دسمبر 10, 2013
RRBs/StCBs/CCBs - Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards
RBI/2013-14/407 RPCD.RRB.RCB.AML.No.6235/07.51.018/2013-14 December 10, 2013 The Chairmen / CEOs of All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.RRB.RCB.AML.No.342/07.51.018/2013-14 dated July 5, 2013 on risks arising from the deficiencies in AML / CFT regime of certain jurisdictions. 2. Financial Action Task Force (FAT
RBI/2013-14/407 RPCD.RRB.RCB.AML.No.6235/07.51.018/2013-14 December 10, 2013 The Chairmen / CEOs of All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter RPCD.RRB.RCB.AML.No.342/07.51.018/2013-14 dated July 5, 2013 on risks arising from the deficiencies in AML / CFT regime of certain jurisdictions. 2. Financial Action Task Force (FAT
دسمبر 09, 2013
Novation of OTC Derivative Contracts
RBI/2013-14/406 DBOD.No.BP.BC.76/21.04.157/2013-14 December 9, 2013 All Scheduled Commercial Banks (Excluding RRBs and LABs) & All India Term-Lending & Refinancing Institutions Madam / Sir, Novation of OTC Derivative Contracts Please refer to our circulars DBOD.No.BP.BC.86/21.04.157/2006-07 dated April 20, 2007 on Comprehensive Guidelines on Derivatives and DBOD.No.BP.BC.44 /21.04.157/2011-12 dated November 2, 2011 on Comprehensive Guidelines on Derivatives: M
RBI/2013-14/406 DBOD.No.BP.BC.76/21.04.157/2013-14 December 9, 2013 All Scheduled Commercial Banks (Excluding RRBs and LABs) & All India Term-Lending & Refinancing Institutions Madam / Sir, Novation of OTC Derivative Contracts Please refer to our circulars DBOD.No.BP.BC.86/21.04.157/2006-07 dated April 20, 2007 on Comprehensive Guidelines on Derivatives and DBOD.No.BP.BC.44 /21.04.157/2011-12 dated November 2, 2011 on Comprehensive Guidelines on Derivatives: M
دسمبر 06, 2013
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards - Primary (Urban) Co-operative Banks
RBI/2013-14/405 UBD. BPD (AD). Cir.No.6/14.01.062/2013-14 December 6, 2013 The Chief Executive Officer All AD Category I Primary (Urban) Co-operative Banks Madam/Dear 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.1/14.01.062/2013-14 dated July 9, 2013 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financia
RBI/2013-14/405 UBD. BPD (AD). Cir.No.6/14.01.062/2013-14 December 6, 2013 The Chief Executive Officer All AD Category I Primary (Urban) Co-operative Banks Madam/Dear 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.1/14.01.062/2013-14 dated July 9, 2013 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financia
دسمبر 06, 2013
Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) /1989(2011) Committee’s Al-Qaida Sanctions List - Primary (Urban) Co-operative Banks (UCBs)
RBI/2013-14/404 UBD.BPD (PCB) Cir.No.43/14.01.062/2013-14 December 6, 2013 The Chief Executive Officer All Primary (Urban) Co-operative 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 - Primary (Urban) Co-operative Banks (UCBs) Please refer to our circular UBD.BPD.(PCB). Cir. No. 26/14.01.062/2013-14 dated October 3, 2013 on the captioned subject releasing 23rd updat
RBI/2013-14/404 UBD.BPD (PCB) Cir.No.43/14.01.062/2013-14 December 6, 2013 The Chief Executive Officer All Primary (Urban) Co-operative 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 - Primary (Urban) Co-operative Banks (UCBs) Please refer to our circular UBD.BPD.(PCB). Cir. No. 26/14.01.062/2013-14 dated October 3, 2013 on the captioned subject releasing 23rd updat
دسمبر 06, 2013
Charges Levied by Banks for Sending SMS Alerts
RBI/2013-14/403 UBD.CO.BPD.(PCB).Cir.No.42/12.05.001/2013-14 December 6, 2013 To, The Chief Executive Officer All (Primary) Urban Co-operative Banks Dear Sir / Madam, Charges Levied by Banks for Sending SMS Alerts Please refer to paragraph 37 of the Second Quarter Review of Monetary Policy Statement 2013-14 announced on October 29, 2013 (extract enclosed) on 'Customer Service- Charges Levied by Banks for Sending SMS Alerts'. 2.In this connection, a reference is also i
RBI/2013-14/403 UBD.CO.BPD.(PCB).Cir.No.42/12.05.001/2013-14 December 6, 2013 To, The Chief Executive Officer All (Primary) Urban Co-operative Banks Dear Sir / Madam, Charges Levied by Banks for Sending SMS Alerts Please refer to paragraph 37 of the Second Quarter Review of Monetary Policy Statement 2013-14 announced on October 29, 2013 (extract enclosed) on 'Customer Service- Charges Levied by Banks for Sending SMS Alerts'. 2.In this connection, a reference is also i
دسمبر 05, 2013
Exchange-Traded Interest Rate Futures
RBI/2013-14/402 IDMD.PCD. 08/14.03.01/2013-14 December 5, 2013 To All market participants Dear Sir/Madam Exchange-Traded Interest Rate Futures As announced in the Second Quarter Review of Monetary Policy 2013-14, it has been decided to introduce cash settled Interest Rate Futures (IRF) on 10-year Government of India security. 2. The Reserve Bank of India has accordingly issued a Notification IDMD.PCD.07 /ED (RG) - 2013 dated December 5, 2013 introducing cash settled I
RBI/2013-14/402 IDMD.PCD. 08/14.03.01/2013-14 December 5, 2013 To All market participants Dear Sir/Madam Exchange-Traded Interest Rate Futures As announced in the Second Quarter Review of Monetary Policy 2013-14, it has been decided to introduce cash settled Interest Rate Futures (IRF) on 10-year Government of India security. 2. The Reserve Bank of India has accordingly issued a Notification IDMD.PCD.07 /ED (RG) - 2013 dated December 5, 2013 introducing cash settled I
دسمبر 05, 2013
Timely Issue of TDS Certificate to Customers
RBI/2013-14/401 UBD.CO.BPD.(PCB).Cir.No. 41/12.05.001/2013-14 December 5, 2013 To, The Chief Executive Officer All Urban Co-operative Banks Dear Sir / Madam, Timely Issue of TDS Certificate to Customers It has been brought to our notice that some banks are not providing TDS Certificate in Form 16A to their customers in time, causing inconvenience to customers in filing income-tax returns in time. 2. With a view to protecting the interests of depositors and for renderi
RBI/2013-14/401 UBD.CO.BPD.(PCB).Cir.No. 41/12.05.001/2013-14 December 5, 2013 To, The Chief Executive Officer All Urban Co-operative Banks Dear Sir / Madam, Timely Issue of TDS Certificate to Customers It has been brought to our notice that some banks are not providing TDS Certificate in Form 16A to their customers in time, causing inconvenience to customers in filing income-tax returns in time. 2. With a view to protecting the interests of depositors and for renderi
دسمبر 04, 2013
Union Budget - 2013-14 Interest Subvention Scheme
RBI/2013-14/398 RPCD.No.FSD.BC.71/05.04.02/2013-14 December 4, 2013 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir Union Budget - 2013-14 Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement made by the Finance Minister relating to the Interest Subvention Scheme 2013-14, Interest subvention of 2 % p.a. will be made available to Public Sector Banks (PSBs)
RBI/2013-14/398 RPCD.No.FSD.BC.71/05.04.02/2013-14 December 4, 2013 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir Union Budget - 2013-14 Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement made by the Finance Minister relating to the Interest Subvention Scheme 2013-14, Interest subvention of 2 % p.a. will be made available to Public Sector Banks (PSBs)
دسمبر 04, 2013
Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2013-14/399 DBOD.AML.No.10917/14.06.001/2013-14 December 4, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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. 8677/14.06.001/2013-14 dated November 7, 2013 on the captioned subject releasing update note dated
RBI/2013-14/399 DBOD.AML.No.10917/14.06.001/2013-14 December 4, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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. 8677/14.06.001/2013-14 dated November 7, 2013 on the captioned subject releasing update note dated
دسمبر 02, 2013
StCBs/CCBs - Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits
RBI/2013-14/394 RPCD.RCB.BC.No. 68 /07.51.014/2013-14 December 02, 2013 All State and Central Co-operative Banks Dear Sir / Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular RPCD.CO.RCB.Dir.BC.No.26/07.51.014/2013-14 dated August 22, 2013 allowing State and Central Cooperative Banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in o
RBI/2013-14/394 RPCD.RCB.BC.No. 68 /07.51.014/2013-14 December 02, 2013 All State and Central Co-operative Banks Dear Sir / Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular RPCD.CO.RCB.Dir.BC.No.26/07.51.014/2013-14 dated August 22, 2013 allowing State and Central Cooperative Banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in o
دسمبر 02, 2013
Urban Co-operative Banks - Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits
RBI/2013-14/395 UBD.BPD.(PCB).Cir.No.40 /13.01.000/2013-14 December 2, 2013 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular UBD.BPD.(PCB) CIR.No. 8/13.01.000/2013-14 dated September 3, 2013 allowing banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in o
RBI/2013-14/395 UBD.BPD.(PCB).Cir.No.40 /13.01.000/2013-14 December 2, 2013 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular UBD.BPD.(PCB) CIR.No. 8/13.01.000/2013-14 dated September 3, 2013 allowing banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in o
دسمبر 02, 2013
Urban Co-operative Banks - Interest Rates on FCNR(B) Deposits
RBI/2013-14/396 UBD.BPD.AD.Cir.No. 5/13.01.000/2013-14 December 2, 2013 The Chief Executive Officers All AD Category -1 UCBs Dear Sir/Madam, Interest Rates on FCNR(B) Deposits Please refer to our circular UBD.BPD.AD.Cir.No 2/13.01.000/2013-14 dated August 21, 2013 advising interest rate ceilings on FCNR (B) deposits for maturity period of one year to less than three years and three to five years, respectively. In terms of para 4 thereof, these instructions were valid
RBI/2013-14/396 UBD.BPD.AD.Cir.No. 5/13.01.000/2013-14 December 2, 2013 The Chief Executive Officers All AD Category -1 UCBs Dear Sir/Madam, Interest Rates on FCNR(B) Deposits Please refer to our circular UBD.BPD.AD.Cir.No 2/13.01.000/2013-14 dated August 21, 2013 advising interest rate ceilings on FCNR (B) deposits for maturity period of one year to less than three years and three to five years, respectively. In terms of para 4 thereof, these instructions were valid
دسمبر 02, 2013
RRBs - Periodicity of Payment of Interest on Rupee Savings/Term Deposits
RBI/2013-14/393 RPCD.CO.RRB.BC.NO. 62 /03.05.33/2013-14 December 2, 2013 The Chairmen Regional Rural Banks 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 (ii) of our cir
RBI/2013-14/393 RPCD.CO.RRB.BC.NO. 62 /03.05.33/2013-14 December 2, 2013 The Chairmen Regional Rural Banks 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 (ii) of our cir
دسمبر 02, 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
دسمبر 02, 2013
RRBs - Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits
RBI/2013-14/392 RPCD.CO.RRB.BC.NO. 65 /03.05.33/2013-14 December 2, 2013 The Chairmen Regional Rural Banks Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular RPCD.CO.RRB.BC.No.24/03.05.33/2013-14 dated August 19, 2013 allowing banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in order to pass on the benefit of exemption pr
RBI/2013-14/392 RPCD.CO.RRB.BC.NO. 65 /03.05.33/2013-14 December 2, 2013 The Chairmen Regional Rural Banks Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular RPCD.CO.RRB.BC.No.24/03.05.33/2013-14 dated August 19, 2013 allowing banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in order to pass on the benefit of exemption pr
دسمبر 02, 2013
RRBs - Interest Rates on FCNR(B) Deposits
RBI/2013-14/391 RPCD.CO.RRB/RCB.BC.NO. 63 /03.05.33/2013-14 December 2, 2013 The Chairmen Regional Rural Banks Dear Sir/Madam, Interest Rates on FCNR (B) Deposits Please refer to our circular RPCD.CO.RRB.BC.No.22/03.05.33/2013-14 dated August 19, 2013 advising interest rate ceilings on FCNR (B) deposits for maturity period of one year to less than three years and three to five years, respectively. In terms of para 4 thereof, these instructions are valid up to November
RBI/2013-14/391 RPCD.CO.RRB/RCB.BC.NO. 63 /03.05.33/2013-14 December 2, 2013 The Chairmen Regional Rural Banks Dear Sir/Madam, Interest Rates on FCNR (B) Deposits Please refer to our circular RPCD.CO.RRB.BC.No.22/03.05.33/2013-14 dated August 19, 2013 advising interest rate ceilings on FCNR (B) deposits for maturity period of one year to less than three years and three to five years, respectively. In terms of para 4 thereof, these instructions are valid up to November
دسمبر 02, 2013
Guidelines on Stress Testing
RBI/2013-14/390 DBOD.BP.BC.No.75/21.04.103/2013-14 December 2, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines on Stress Testing Please refer to the guidelines on stress testing issued vide circular DBOD.No.BP.BC. 101/21.04.103/2006-07 dated June 26, 2007. Banks were required to operationalise their formal stress testing framework in accordance with these guidelines from March 31, 2008. It was expected that the stress testing framework being
RBI/2013-14/390 DBOD.BP.BC.No.75/21.04.103/2013-14 December 2, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines on Stress Testing Please refer to the guidelines on stress testing issued vide circular DBOD.No.BP.BC. 101/21.04.103/2006-07 dated June 26, 2007. Banks were required to operationalise their formal stress testing framework in accordance with these guidelines from March 31, 2008. It was expected that the stress testing framework being
نومبر 29, 2013
Investment in Credit Information Companies
DBOD.CID.BC.No.74/20.16.042/2013-14 November 29, 2013 All Credit Information Companies Investment in Credit Information Companies In exercise of the powers conferred by sub-section (1) of Section 11 of Credit Information Companies (Regulation) Act, 2005, and in supersession of its direction on Investment in Credit Information Companies dated November 20, 2008, Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest to do so, he
DBOD.CID.BC.No.74/20.16.042/2013-14 November 29, 2013 All Credit Information Companies Investment in Credit Information Companies In exercise of the powers conferred by sub-section (1) of Section 11 of Credit Information Companies (Regulation) Act, 2005, and in supersession of its direction on Investment in Credit Information Companies dated November 20, 2008, Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest to do so, he
نومبر 29, 2013
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
نومبر 29, 2013
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2013-14/384 DBOD. AML.No.10604/14.01.001/2013-14 November 29, 2013 The Chairmen/CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter DBOD. AML.No.314/14.01.001/ 2013-14 dated July 4, 2013 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Ta
RBI/2013-14/384 DBOD. AML.No.10604/14.01.001/2013-14 November 29, 2013 The Chairmen/CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter DBOD. AML.No.314/14.01.001/ 2013-14 dated July 4, 2013 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Ta
نومبر 29, 2013
Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits
RBI/2013-14/387 DBOD. No. Dir. BC.71/13.03.00/ 2013-14 November 29, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular DBOD. Dir. BC. 40/13.03.00/2013-14 dated August 14, 2013 allowing banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in order to pass on the benefit of e
RBI/2013-14/387 DBOD. No. Dir. BC.71/13.03.00/ 2013-14 November 29, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular DBOD. Dir. BC. 40/13.03.00/2013-14 dated August 14, 2013 allowing banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in order to pass on the benefit of e
نومبر 29, 2013
Interest Rates on FCNR (B) Deposits
RBI/2013-14/388 DBOD. No.Dir.BC.73/13.03.00/2013-14 November 29, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Interest Rates on FCNR (B) Deposits Please refer to our circular DBOD. Dir. BC. 38/13.03.00/2013-14 dated August 14, 2013 advising interest rate ceilings on FCNR (B) deposits for maturity period of one year to less than three years and three to five years, respectively. In terms of para 4 thereof, these instructions are valid up to Novem
RBI/2013-14/388 DBOD. No.Dir.BC.73/13.03.00/2013-14 November 29, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Interest Rates on FCNR (B) Deposits Please refer to our circular DBOD. Dir. BC. 38/13.03.00/2013-14 dated August 14, 2013 advising interest rate ceilings on FCNR (B) deposits for maturity period of one year to less than three years and three to five years, respectively. In terms of para 4 thereof, these instructions are valid up to Novem
نومبر 26, 2013
Imposition of Minimum Capital Adequacy Measure of 9% for RRBs
RBI/2013-14/382 RPCD.CO.RRB.BC.No.60/03.05.33/2013-14 November 26, 2013 The Chairman All Regional Rural Banks Dear Sir/Madam, Imposition of Minimum Capital Adequacy Measure of 9% for RRBs The risk weighted assets ratio system as the basis of assessment of Capital Adequacy which takes into account the element of risk in the various types of assets in the Balance Sheet as well as off Balance-sheet exposures was made applicable to banks in India with a view to strengthen
RBI/2013-14/382 RPCD.CO.RRB.BC.No.60/03.05.33/2013-14 November 26, 2013 The Chairman All Regional Rural Banks Dear Sir/Madam, Imposition of Minimum Capital Adequacy Measure of 9% for RRBs The risk weighted assets ratio system as the basis of assessment of Capital Adequacy which takes into account the element of risk in the various types of assets in the Balance Sheet as well as off Balance-sheet exposures was made applicable to banks in India with a view to strengthen
نومبر 26, 2013
Security and Risk Mitigation Measures for Card Present Transactions
RBI/2013 -14/380 DPSS (CO) PD No.1164/02.14.003/2013-14 November 26, 2013 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/ Authorised Card Payment Networks Madam / Dear Sir, Security and Risk Mitigation Measures for Card Present Transactions A reference is invited to our circular dated September 22, 2011 on security is
RBI/2013 -14/380 DPSS (CO) PD No.1164/02.14.003/2013-14 November 26, 2013 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/ Authorised Card Payment Networks Madam / Dear Sir, Security and Risk Mitigation Measures for Card Present Transactions A reference is invited to our circular dated September 22, 2011 on security is
نومبر 26, 2013
Charges Levied by Banks for Sending SMS Alerts
RBI/2013-14/381 DBOD. No. Dir. BC. 67/13.10.00/2013-14 November 26, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Charges Levied by Banks for Sending SMS Alerts Please refer to paragraph 37 of the Second Quarter Review of Monetary Policy Statement 2013-14 announced on October 29, 2013 (extract enclosed) on ‘Customer Service- Charges Levied by Banks for Sending SMS Alerts’. 2. In this connection, a reference is also invited to our circular DBOD.
RBI/2013-14/381 DBOD. No. Dir. BC. 67/13.10.00/2013-14 November 26, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Charges Levied by Banks for Sending SMS Alerts Please refer to paragraph 37 of the Second Quarter Review of Monetary Policy Statement 2013-14 announced on October 29, 2013 (extract enclosed) on ‘Customer Service- Charges Levied by Banks for Sending SMS Alerts’. 2. In this connection, a reference is also invited to our circular DBOD.
نومبر 25, 2013
Priority Sector Lending - Classification
RBI/2013-14/379 RPCD.CO.Plan. BC@@NBSP@@59/04.09.01/2013-14 November 25, 2013 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending – Classification Please refer to the press release dated November 18, 2013 on the above subject. 2. In view of the reasons explained therein, it is decided to include incremental bank loans to medium manufacturing enterprises (as defined
RBI/2013-14/379 RPCD.CO.Plan. BC@@NBSP@@59/04.09.01/2013-14 November 25, 2013 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending – Classification Please refer to the press release dated November 18, 2013 on the above subject. 2. In view of the reasons explained therein, it is decided to include incremental bank loans to medium manufacturing enterprises (as defined
نومبر 25, 2013
Financing of Infrastructure - Definition of 'Infrastructure Lending'
RBI/2013-14/378 DBOD.BP.BC.No.66/08.12.014/2013-14 November 25, 2013 All Scheduled Commercial Banks (excluding RRBs) and All India Term-Lending and Refinancing Institutions (EXIM Bank, NABARD, NHB and SIDBI) Dear Sir, Financing of Infrastructure - Definition of 'Infrastructure Lending' Please refer to our circular DBOD.BP.BC.No.58/08.12.014/2012-13 dated November 20, 2012 on ‘Definition of Infrastructure Lending’ harmonising the RBI definition of Infrastructure Lendin
RBI/2013-14/378 DBOD.BP.BC.No.66/08.12.014/2013-14 November 25, 2013 All Scheduled Commercial Banks (excluding RRBs) and All India Term-Lending and Refinancing Institutions (EXIM Bank, NABARD, NHB and SIDBI) Dear Sir, Financing of Infrastructure - Definition of 'Infrastructure Lending' Please refer to our circular DBOD.BP.BC.No.58/08.12.014/2012-13 dated November 20, 2012 on ‘Definition of Infrastructure Lending’ harmonising the RBI definition of Infrastructure Lendin
نومبر 19, 2013
Restructuring of SGSY as National Rural Livelihoods Mission (NRLM) - Aajeevika- Interest Subvention Scheme
RBI/2013-14/373 RPCD. GSSD.CO.BC.No 57/09.01.03/2013-14 November 19, 2013 The Chairman/ Managing Director All Public Sector Banks Dear Sir, Restructuring of SGSY as National Rural Livelihoods Mission (NRLM) – Aajeevika- Interest Subvention Scheme Please refer to our Circular RPCD. GSSD. CO. No.81/09.01.03/2012-13 dated June 27, 2013 on restructuring of Swarnajayanti Gram Swarozgar Yojana (SGSY) as National Rural Livelihoods Mission (NRLM). 2. As indicated in pararagra
RBI/2013-14/373 RPCD. GSSD.CO.BC.No 57/09.01.03/2013-14 November 19, 2013 The Chairman/ Managing Director All Public Sector Banks Dear Sir, Restructuring of SGSY as National Rural Livelihoods Mission (NRLM) – Aajeevika- Interest Subvention Scheme Please refer to our Circular RPCD. GSSD. CO. No.81/09.01.03/2012-13 dated June 27, 2013 on restructuring of Swarnajayanti Gram Swarozgar Yojana (SGSY) as National Rural Livelihoods Mission (NRLM). 2. As indicated in pararagra
نومبر 14, 2013
White Label ATMs (WLAs) in India - Clarification on Cash Handling
RBI/2013-14/372 DPSS.CO.PD. No. 1088/02.10.003/2013-14 November 14, 2013 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 Authorised ATM Network Operators /Card Payment Network Operators Authorised White Label ATM Operators Madam / Dear Sir, White Label ATMs (WLAs) in India – Clarification on Cash Handling Please refer
RBI/2013-14/372 DPSS.CO.PD. No. 1088/02.10.003/2013-14 November 14, 2013 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 Authorised ATM Network Operators /Card Payment Network Operators Authorised White Label ATM Operators Madam / Dear Sir, White Label ATMs (WLAs) in India – Clarification on Cash Handling Please refer
نومبر 07, 2013
Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2013-2014/362 DBOD. AML.No. 8677/14.06.001/2013-14 November 7, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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. 571914.06.001/2013-14 dated September 26, 2013 on the captioned subject releasing 23rd update. W
RBI/2013-2014/362 DBOD. AML.No. 8677/14.06.001/2013-14 November 7, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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. 571914.06.001/2013-14 dated September 26, 2013 on the captioned subject releasing 23rd update. W
نومبر 06, 2013
Formation of a new district in the State of Madhya Pradesh - Assignment of Lead Bank Responsibility
RBI/2013-14/360 RPCD.CO.LBS.BC.No. 54 /02.08.001/2013-14 November 6, 2013 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of a new district in the State of Madhya Pradesh - Assignment of Lead Bank Responsibility The Government of Madhya Pradesh vide Notification No. F I-12-2005-VII-06 dated August 14, 2013 had notified that the State Government has altered the limits of district Shajapur by excluding there from its tehsils, Agar, Barod,
RBI/2013-14/360 RPCD.CO.LBS.BC.No. 54 /02.08.001/2013-14 November 6, 2013 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of a new district in the State of Madhya Pradesh - Assignment of Lead Bank Responsibility The Government of Madhya Pradesh vide Notification No. F I-12-2005-VII-06 dated August 14, 2013 had notified that the State Government has altered the limits of district Shajapur by excluding there from its tehsils, Agar, Barod,
نومبر 06, 2013
Formation of seven new districts in the State of Gujarat - Assignment of Lead Bank Responsibility
RBI/2013-14/358 RPCD.CO.LBS.BC.No. 53 /02.08.001/2013-14 November 6, 2013 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of seven new districts in the State of Gujarat - Assignment of Lead Bank Responsibility The Government of Gujarat vide The Gujarat Government Gazette Notification No. GHM/2013/69 to 75 /M/PFR/102013/139/L.I dated August 13, 2013 had notified the formation of seven new districts in the State of Gujarat. It has been dec
RBI/2013-14/358 RPCD.CO.LBS.BC.No. 53 /02.08.001/2013-14 November 6, 2013 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Formation of seven new districts in the State of Gujarat - Assignment of Lead Bank Responsibility The Government of Gujarat vide The Gujarat Government Gazette Notification No. GHM/2013/69 to 75 /M/PFR/102013/139/L.I dated August 13, 2013 had notified the formation of seven new districts in the State of Gujarat. It has been dec
نومبر 06, 2013
Timely Issue of TDS Certificate to Customers
RBI/2013-14/361 DBOD.No.Leg.BC.65/09.07.005/2013-14 November 6, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Timely Issue of TDS Certificate to Customers It has been brought to our notice that, some banks are not providing TDS Certificate in Form 16A to their customers in time, causing inconvenience to customers in filing income-tax returns timely. 2. The matter has been examined and with a view to protect interest of the depositors and for ren
RBI/2013-14/361 DBOD.No.Leg.BC.65/09.07.005/2013-14 November 6, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Timely Issue of TDS Certificate to Customers It has been brought to our notice that, some banks are not providing TDS Certificate in Form 16A to their customers in time, causing inconvenience to customers in filing income-tax returns timely. 2. The matter has been examined and with a view to protect interest of the depositors and for ren
نومبر 05, 2013
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 - Chhattisgarh Rajya Sahakari Bank Maryadit, Raipur
RBI/2013-14/357(A) RPCD.RCB.BC.No.52/07.04.007/2013-14 November 05, 2013 To All State Cooperative Banks/District Central Cooperative Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Chhattisgarh Rajya Sahakari Bank Maryadit, Raipur We advise that the name of “Chhattisgarh Rajya Sahakari Bank Maryadit, Raipur " has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification RPCD.RCB.BC.No.34/07.04
RBI/2013-14/357(A) RPCD.RCB.BC.No.52/07.04.007/2013-14 November 05, 2013 To All State Cooperative Banks/District Central Cooperative Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Chhattisgarh Rajya Sahakari Bank Maryadit, Raipur We advise that the name of “Chhattisgarh Rajya Sahakari Bank Maryadit, Raipur " has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification RPCD.RCB.BC.No.34/07.04
اکتوبر 31, 2013
Marginal Standing Facility-Revision in timings
RBI/2013-14/351 FMD.MOAG. No. 93/01.18.001/2013-14 October 31, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility-Revision in timings As announced in the Second Quarter Review of the Monetary Policy 2013-14 on October 29, 2013, it has been decided to revise the timings of Marginal Standing Facility (MSF). The MSF will now be available between 7.00 pm and 7.30 pm instead of the existing timings of 4.45 pm to 5.15 pm. The change
RBI/2013-14/351 FMD.MOAG. No. 93/01.18.001/2013-14 October 31, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility-Revision in timings As announced in the Second Quarter Review of the Monetary Policy 2013-14 on October 29, 2013, it has been decided to revise the timings of Marginal Standing Facility (MSF). The MSF will now be available between 7.00 pm and 7.30 pm instead of the existing timings of 4.45 pm to 5.15 pm. The change
اکتوبر 30, 2013
RRBs - Settlement of Claims in respect of Missing Persons in Uttarakhand Disaster
RBI/2013-14/350 RPCD.CO.RRB.No. 51/03.05.33/2013-14 October 30, 2013 The Chairmen All Regional Rural Banks Dear Sir, Settlement of Claims in respect of Missing Persons in Uttarakhand Disaster In the aftermath of Uttarakhand Natural Disaster during June 14-20, 2013 the Office of the Registrar General of India, Ministry of Home Affairs, Government of India has devised a procedure for Registration of Death of Missing persons in Natural Calamities affected areas in Uttara
RBI/2013-14/350 RPCD.CO.RRB.No. 51/03.05.33/2013-14 October 30, 2013 The Chairmen All Regional Rural Banks Dear Sir, Settlement of Claims in respect of Missing Persons in Uttarakhand Disaster In the aftermath of Uttarakhand Natural Disaster during June 14-20, 2013 the Office of the Registrar General of India, Ministry of Home Affairs, Government of India has devised a procedure for Registration of Death of Missing persons in Natural Calamities affected areas in Uttara
اکتوبر 30, 2013
RRB/RCB - Bank Rate
RBI/2013-14/348 RPCD.CO.RRB.RCB.BC.No.50/03.05.33/2013-14 October 30, 2013 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Bank Rate Please refer to our circular RPCD.CO.RRB.RCB.BC.No.44/03.05.33/2013-14 dated October 8, 2013 on the captioned subject. 2. As announced in the Second Quarter Review of Monetary Policy 2013-14 dated October 29, 2013, the Bank Rate stands adjusted by 25 basis points from
RBI/2013-14/348 RPCD.CO.RRB.RCB.BC.No.50/03.05.33/2013-14 October 30, 2013 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Bank Rate Please refer to our circular RPCD.CO.RRB.RCB.BC.No.44/03.05.33/2013-14 dated October 8, 2013 on the captioned subject. 2. As announced in the Second Quarter Review of Monetary Policy 2013-14 dated October 29, 2013, the Bank Rate stands adjusted by 25 basis points from
اکتوبر 29, 2013
Bank Rate
RBI/2013-14/345 DBOD.No.Ret.BC. 64/12.01.001/2013-14 October 29, 2013 All Scheduled Commercial Banks & Local Area Banks Dear Sir, Bank Rate Please refer to our circular DBOD.No.Ret.BC.58/12.01.001/2013-14 dated October 7, 2013 on the subject. 2. As announced in the Second Quarter Review of Monetary Policy 2013-14 dated October 29, 2013, the Bank Rate stands adjusted by 25 basis points from 9.0 per cent to 8.75 per cent with effect from October 29, 2013. 3. All pen
RBI/2013-14/345 DBOD.No.Ret.BC. 64/12.01.001/2013-14 October 29, 2013 All Scheduled Commercial Banks & Local Area Banks Dear Sir, Bank Rate Please refer to our circular DBOD.No.Ret.BC.58/12.01.001/2013-14 dated October 7, 2013 on the subject. 2. As announced in the Second Quarter Review of Monetary Policy 2013-14 dated October 29, 2013, the Bank Rate stands adjusted by 25 basis points from 9.0 per cent to 8.75 per cent with effect from October 29, 2013. 3. All pen
اکتوبر 29, 2013
RRBs/StCBs/CCBs - KYC/AML Standards/Combating Financing of Terrorism/Obligation of Banks under PMLA, 2002 - ‘At par’ cheque facility extended to Cooperative Banks/RRBs by Scheduled Commercial Banks
RBI/2013-14/344 RPCD.CO.RRB.RCB.BC.No. Cir.No. 48/07.51.010//2013-14 October 29, 2013 The Chairman All Regional Rural Banks (RRBs) All State and Central Co-operative Banks (StCBs and CCBs) Dear Sir, Know Your Customer (KYC)/Anti Money Laundering (AML) Standards/Combating Financing of Terrorism (CFT)/ Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 ‘At par’ cheque facility extended to Cooperative Banks / Regional Rural Banks by Scheduled Comme
RBI/2013-14/344 RPCD.CO.RRB.RCB.BC.No. Cir.No. 48/07.51.010//2013-14 October 29, 2013 The Chairman All Regional Rural Banks (RRBs) All State and Central Co-operative Banks (StCBs and CCBs) Dear Sir, Know Your Customer (KYC)/Anti Money Laundering (AML) Standards/Combating Financing of Terrorism (CFT)/ Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 ‘At par’ cheque facility extended to Cooperative Banks / Regional Rural Banks by Scheduled Comme
اکتوبر 29, 2013
Standing Liquidity Facilities for Banks and Primary Dealers
RBI/2013-14/343 MPD. No.BC. 370/07.01.279/2013-14 October 29, 2013 To All Scheduled Banks [excluding Regional Rural Banks(RRBs) ] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Second Quarter Review of Monetary Policy Statement 2013-14 dated October 29, 2013, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 7.50 per cent to 7.75
RBI/2013-14/343 MPD. No.BC. 370/07.01.279/2013-14 October 29, 2013 To All Scheduled Banks [excluding Regional Rural Banks(RRBs) ] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Second Quarter Review of Monetary Policy Statement 2013-14 dated October 29, 2013, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 7.50 per cent to 7.75
اکتوبر 29, 2013
Second Quarter Review of Monetary Policy 2013-14
By Dr. Raghuram G. Rajan Governor Part A. Monetary Policy Monetary and Liquidity Measures Following an assessment of the evolving macroeconomic situation, the Reserve Bank has decided to: reduce the marginal standing facility (MSF) rate by 25 basis points from 9.0 per cent to 8.75 per cent with immediate effect; increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5@@NBSP@@ per cent to 7.75 per cent with immediate effec
By Dr. Raghuram G. Rajan Governor Part A. Monetary Policy Monetary and Liquidity Measures Following an assessment of the evolving macroeconomic situation, the Reserve Bank has decided to: reduce the marginal standing facility (MSF) rate by 25 basis points from 9.0 per cent to 8.75 per cent with immediate effect; increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5@@NBSP@@ per cent to 7.75 per cent with immediate effec
اکتوبر 29, 2013
Due diligence in correspondent banking relationship
RBI/2013-14/342 DBOD.AML.BC.No.63/14.01.001/2013-14 October 29, 2013 The Chairmen / Chief Executive Officers of All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Due diligence in correspondent banking relationship. Please refer to paragraph 2.16 of our Master Circular DBOD. AML.BC.24/14.01.001/2012-13 dated July 1, 2013 on ‘Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) / Obliga
RBI/2013-14/342 DBOD.AML.BC.No.63/14.01.001/2013-14 October 29, 2013 The Chairmen / Chief Executive Officers of All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Due diligence in correspondent banking relationship. Please refer to paragraph 2.16 of our Master Circular DBOD. AML.BC.24/14.01.001/2012-13 dated July 1, 2013 on ‘Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) / Obliga
اکتوبر 29, 2013
StCBs\CCBs - Settlement of Claims in respect of Missing Persons in Uttarakhand Disaster
RBI/2013-14/347 RPCD.CO.RCB.BC.No. 49/07.51.014/2013-14 October 29, 2013 The Chairmen / CEOs All State and Central Cooperative Banks Dear Sir / Madam, Settlement of Claims in respect of Missing Persons in Uttarakhand Disaster In the aftermath of Uttarakhand Natural Disaster during June 14-20, 2013 the Office of the Registrar General of India, Ministry of Home Affairs, Government of India has devised a procedure for Registration of Death of Missing persons in Natural C
RBI/2013-14/347 RPCD.CO.RCB.BC.No. 49/07.51.014/2013-14 October 29, 2013 The Chairmen / CEOs All State and Central Cooperative Banks Dear Sir / Madam, Settlement of Claims in respect of Missing Persons in Uttarakhand Disaster In the aftermath of Uttarakhand Natural Disaster during June 14-20, 2013 the Office of the Registrar General of India, Ministry of Home Affairs, Government of India has devised a procedure for Registration of Death of Missing persons in Natural C
اکتوبر 24, 2013
RRBs - Sharing of Information Technology Resources by Banks - Guidelines
RBI/2013-14/335 RPCD.CO.RRB.BC.No. 45/03.05.33/2013-14 October 24, 2013 The Chairmen All Regional Rural Banks Dear Sir, Sharing of Information Technology Resources by Banks - Guidelines Please refer to paragraph 101 of the Monetary Policy Statement 2013-14 wherein the need for banks to examine the issue of shared IT resources to optimise costs while maintaining the desired levels of efficiency and security has been emphasised. 2. One of the pre-requisites for a bank t
RBI/2013-14/335 RPCD.CO.RRB.BC.No. 45/03.05.33/2013-14 October 24, 2013 The Chairmen All Regional Rural Banks Dear Sir, Sharing of Information Technology Resources by Banks - Guidelines Please refer to paragraph 101 of the Monetary Policy Statement 2013-14 wherein the need for banks to examine the issue of shared IT resources to optimise costs while maintaining the desired levels of efficiency and security has been emphasised. 2. One of the pre-requisites for a bank t
اکتوبر 23, 2013
Amendments to Banking Regulation Act 1949 - Banking Laws (Amendment) Act 2012 - Applicability to private sector banks
RBI/2013-14/334 DBOD.NO.PSBD.BC.62/16.13.100/ 2013-14 October 23, 2013 All Private Sector Banks Dear Sir, Amendments to Banking Regulation Act 1949 -- Banking Laws (Amendment) Act 2012 - Applicability to private sector banks As you are aware, the Government of India, Ministry of Finance, notified the Banking Law Amendments Act, 2012, vide Gazette Notification dated January 17, 2013, (published in Part II- Section 3--sub-section (ii) of the Gazette of India No.177 date
RBI/2013-14/334 DBOD.NO.PSBD.BC.62/16.13.100/ 2013-14 October 23, 2013 All Private Sector Banks Dear Sir, Amendments to Banking Regulation Act 1949 -- Banking Laws (Amendment) Act 2012 - Applicability to private sector banks As you are aware, the Government of India, Ministry of Finance, notified the Banking Law Amendments Act, 2012, vide Gazette Notification dated January 17, 2013, (published in Part II- Section 3--sub-section (ii) of the Gazette of India No.177 date
اکتوبر 21, 2013
Settlement of Claims in respect of Missing Persons in Uttarakhand Disaster
RBI/2013-14/331 DBOD.No.Leg.BC. 61/09.07.005/2013-14 October 21, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Settlement of Claims in respect of Missing Persons in Uttarakhand Disaster In the aftermath of Uttarakhand Natural Disaster during June 14-20, 2013 the Office of the Registrar General of India, Ministry of Home Affairs, Government of India has devised a procedure for Registration of Death of Missing persons in Natural Calamities affecte
RBI/2013-14/331 DBOD.No.Leg.BC. 61/09.07.005/2013-14 October 21, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Settlement of Claims in respect of Missing Persons in Uttarakhand Disaster In the aftermath of Uttarakhand Natural Disaster during June 14-20, 2013 the Office of the Registrar General of India, Ministry of Home Affairs, Government of India has devised a procedure for Registration of Death of Missing persons in Natural Calamities affecte
اکتوبر 21, 2013
Relaxations in Branch Authorisation Policy
RBI/2013-14/330 DBOD.No.BAPD.BC. 60/22.01.001/2013-14 October 21, 2013 All Domestic Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir Section 23 of the Banking Regulation Act, 1949 – Relaxations in Branch Authorisation Policy Please refer to circular DBOD.No.BAPD.BC.54/22.01.001/2013-14 dated September 19, 2013, on the above subject, advising that domestic scheduled commercial banks (other than RRBs) are permitted to open branches in Tier 1 to Tier 6 centre
RBI/2013-14/330 DBOD.No.BAPD.BC. 60/22.01.001/2013-14 October 21, 2013 All Domestic Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir Section 23 of the Banking Regulation Act, 1949 – Relaxations in Branch Authorisation Policy Please refer to circular DBOD.No.BAPD.BC.54/22.01.001/2013-14 dated September 19, 2013, on the above subject, advising that domestic scheduled commercial banks (other than RRBs) are permitted to open branches in Tier 1 to Tier 6 centre
اکتوبر 17, 2013
Change of Name of SME Rating Agency of India Limited to SMERA Ratings Limited (SMERA)
RBI/2013-14/326 DBOD.BP.BC.No.59/21.06.007/2013-14 October 17, 2013 The Chairman and Managing Director/The Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Change of Name of SME Rating Agency of India Limited to SMERA Ratings Limited (SMERA) Please refer to the Master Circular No. DBOD.No.BP.BC.9/21.06.001/2012-13 dated July 1, 2013 on 'Prudential Guidelines on Capital Adequacy and Market Discipline
RBI/2013-14/326 DBOD.BP.BC.No.59/21.06.007/2013-14 October 17, 2013 The Chairman and Managing Director/The Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Change of Name of SME Rating Agency of India Limited to SMERA Ratings Limited (SMERA) Please refer to the Master Circular No. DBOD.No.BP.BC.9/21.06.001/2012-13 dated July 1, 2013 on 'Prudential Guidelines on Capital Adequacy and Market Discipline
اکتوبر 08, 2013
StCBs/CCBs - Housing Sector: Innovative Housing Loan Products - Upfront disbursal of housing loans
RBI/2013-14/320 RPCD.CO.RCB.BC.No.43/07.51.013/2013-14 October 8, 2013 The Chairman All State and Central Co-operative Banks (StCBs and CCBs) Dear Sir, Housing Sector: Innovative Housing Loan Products – Upfront disbursal of housing loans It has been observed that some banks have introduced certain innovative Housing Loan Schemes in association with developers/builders, e.g. upfront disbursal of sanctioned individual housing loans to the builders without linking the di
RBI/2013-14/320 RPCD.CO.RCB.BC.No.43/07.51.013/2013-14 October 8, 2013 The Chairman All State and Central Co-operative Banks (StCBs and CCBs) Dear Sir, Housing Sector: Innovative Housing Loan Products – Upfront disbursal of housing loans It has been observed that some banks have introduced certain innovative Housing Loan Schemes in association with developers/builders, e.g. upfront disbursal of sanctioned individual housing loans to the builders without linking the di
اکتوبر 08, 2013
RRBS/StCBs/CCBs - Bank Rate
RBI/2013-14/317 RPCD.CO.RRB.RCB.No. 44/03.05.33/2013-14 October 08, 2013 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Bank Rate As announced in the Press Release 2013-2014/728 dated October 07, 2013, the Bank Rate stands adjusted by 50 basis points from 9.5 per cent to 9.0 per cent with effect from October 07, 2013. 2. All penal interest rates on shortfall in reserve requirements, which are spec
RBI/2013-14/317 RPCD.CO.RRB.RCB.No. 44/03.05.33/2013-14 October 08, 2013 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Bank Rate As announced in the Press Release 2013-2014/728 dated October 07, 2013, the Bank Rate stands adjusted by 50 basis points from 9.5 per cent to 9.0 per cent with effect from October 07, 2013. 2. All penal interest rates on shortfall in reserve requirements, which are spec
اکتوبر 07, 2013
Bank Rate
RBI/2013-14/315 Ref:DBOD.No.Ret.BC. 58/12.01.001/2013-14 October 07, 2013 All Scheduled Commercial Banks & Local Area Banks Dear Sir, Bank Rate As announced in the Press Release 2013-2014/728 dated October 07, 2013, the Bank Rate stands adjusted by 50 basis points from 9.5 per cent to 9.0 per cent with effect from October 07, 2013. 2. All penal interest rates on shortfall in reserve requirements, which are specifically linked to the Bank Rate, also stand revised a
RBI/2013-14/315 Ref:DBOD.No.Ret.BC. 58/12.01.001/2013-14 October 07, 2013 All Scheduled Commercial Banks & Local Area Banks Dear Sir, Bank Rate As announced in the Press Release 2013-2014/728 dated October 07, 2013, the Bank Rate stands adjusted by 50 basis points from 9.5 per cent to 9.0 per cent with effect from October 07, 2013. 2. All penal interest rates on shortfall in reserve requirements, which are specifically linked to the Bank Rate, also stand revised a
اکتوبر 07, 2013
StCBs - CCBs - Unclaimed Deposits/Inoperative Accounts in banks - Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes
RBI/2013-14/313 RPCD.RCB.BC.No. 42/07.51.014/2013-14 October 7, 2013 The Chairmen / CEOs All State and Central Cooperative Banks Dear Sir / Madam, Unclaimed Deposits/Inoperative Accounts in banks – Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes Please refer to our Circular RPCD.CO.RF.BC.No. 89/07.38.012008-09 dated February 18, 2009 on unclaimed deposits / inoperative a
RBI/2013-14/313 RPCD.RCB.BC.No. 42/07.51.014/2013-14 October 7, 2013 The Chairmen / CEOs All State and Central Cooperative Banks Dear Sir / Madam, Unclaimed Deposits/Inoperative Accounts in banks – Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes Please refer to our Circular RPCD.CO.RF.BC.No. 89/07.38.012008-09 dated February 18, 2009 on unclaimed deposits / inoperative a
اکتوبر 04, 2013
RRBs - Unclaimed Deposits/Inoperative Accounts in Regional Rural Banks - Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes
RBI/2013-14/312 RPCD.CO.RRB.BC.No.41/03.05.33/2013-14 October 4, 2013 The Chairmen Regional Rural Banks Dear Sir/Madam, Unclaimed Deposits/Inoperative Accounts in Regional Rural Banks - Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes Please refer to circular RPCD.CO.RRB.BC.No.108/03.05.33/2008-09 dated May 22, 2009 on unclaimed deposits/inoperative accounts wherein Regio
RBI/2013-14/312 RPCD.CO.RRB.BC.No.41/03.05.33/2013-14 October 4, 2013 The Chairmen Regional Rural Banks Dear Sir/Madam, Unclaimed Deposits/Inoperative Accounts in Regional Rural Banks - Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes Please refer to circular RPCD.CO.RRB.BC.No.108/03.05.33/2008-09 dated May 22, 2009 on unclaimed deposits/inoperative accounts wherein Regio
ستمبر 30, 2013
RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List
RBI/2013-14/305 RPCD.RRB.RCB.AML.No. 3949/07.51.019/2013-14 September 30, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks 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.CO.RRB.RCB.AML.No.3376/07.51.019/2013-14 dated September 17, 2013 on the captioned subject releasing 22nd update. We have since receiv
RBI/2013-14/305 RPCD.RRB.RCB.AML.No. 3949/07.51.019/2013-14 September 30, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks 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.CO.RRB.RCB.AML.No.3376/07.51.019/2013-14 dated September 17, 2013 on the captioned subject releasing 22nd update. We have since receiv
ستمبر 26, 2013
Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2013-14/295 DBOD. AML.No.5719/14.06.001/2013-14 September 26, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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. 3817/14.06.001/2013-14 dated September 10, 2013 on the captioned subject releasing 22nd update. W
RBI/2013-14/295 DBOD. AML.No.5719/14.06.001/2013-14 September 26, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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. 3817/14.06.001/2013-14 dated September 10, 2013 on the captioned subject releasing 22nd update. W
ستمبر 25, 2013
Export Credit in Foreign Currency
RBI/2013-14/291 DBOD.Dir.BC.No. 57 /04.02.001/2013-14 September 25, 2013 All Scheduled Commercial Banks and Exim Bank (excluding RRBs) Dear Sir/ Madam, Export Credit in Foreign Currency Banks extend export credit in Indian Rupees as well as in foreign currency, such as Pre Shipment Credit in Foreign Currency (PCFC) and Post Shipment Credit in Foreign Currency (PSCFC), as per their own internal lending policies within the overall regulatory framework prescribed by the
RBI/2013-14/291 DBOD.Dir.BC.No. 57 /04.02.001/2013-14 September 25, 2013 All Scheduled Commercial Banks and Exim Bank (excluding RRBs) Dear Sir/ Madam, Export Credit in Foreign Currency Banks extend export credit in Indian Rupees as well as in foreign currency, such as Pre Shipment Credit in Foreign Currency (PCFC) and Post Shipment Credit in Foreign Currency (PSCFC), as per their own internal lending policies within the overall regulatory framework prescribed by the
ستمبر 20, 2013
Bank Rate
RBI/2013-14/282 Ref:DBOD.No.Ret.BC. 56 /12.01.001/2013-14 September 20, 2013 All Scheduled Commercial Banks & Local Area Banks Dear Sir, Bank Rate Please refer to our Circular DBOD.No.Ret.BC.31/12.01.001/2013-14 dated July 15, 2013 on the captioned subject. As announced in the Press Release 2013-2014/604 dated September 20, 2013, the Bank Rate stands adjusted by 75 basis points from 10.25 per cent to 9.50 per cent with effect from September 20, 2013. 2. All penal
RBI/2013-14/282 Ref:DBOD.No.Ret.BC. 56 /12.01.001/2013-14 September 20, 2013 All Scheduled Commercial Banks & Local Area Banks Dear Sir, Bank Rate Please refer to our Circular DBOD.No.Ret.BC.31/12.01.001/2013-14 dated July 15, 2013 on the captioned subject. As announced in the Press Release 2013-2014/604 dated September 20, 2013, the Bank Rate stands adjusted by 75 basis points from 10.25 per cent to 9.50 per cent with effect from September 20, 2013. 2. All penal
ستمبر 20, 2013
Foreign Contribution (Regulation) Rule, 2011- Online Reporting of Receipt of Foreign Contribution by banks
RBI/2013-14/280 DBOD. AML.No.4814/14.08.001/2013-14 September 20, 2013 The Chairmen / Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Foreign Contribution (Regulation) Rule, 2011- Online Reporting of Receipt of Foreign Contribution by banks Under Rule 16 of the Foreign Contribution (Regulation) Rule, 2011, banks have to report to Central Government any transaction in respect of receipt of foreign contribution. Ministry of Home
RBI/2013-14/280 DBOD. AML.No.4814/14.08.001/2013-14 September 20, 2013 The Chairmen / Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Foreign Contribution (Regulation) Rule, 2011- Online Reporting of Receipt of Foreign Contribution by banks Under Rule 16 of the Foreign Contribution (Regulation) Rule, 2011, banks have to report to Central Government any transaction in respect of receipt of foreign contribution. Ministry of Home
ستمبر 20, 2013
Change in Daily Minimum Cash Reserve Maintenance Requirement
RBI/2013-14/281 DBOD.No.Ret.BC.55 /12.01.001/2013-14 September 20, 2013 To All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our Circular DBOD.No.Ret.BC.35/12.01.001/2013-14 dated July 23, 2013 on the captioned subject. 2. @@NBSP@@As announced in the Press Release 2013-14/604 dated September 20, 2013, it has been d
RBI/2013-14/281 DBOD.No.Ret.BC.55 /12.01.001/2013-14 September 20, 2013 To All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our Circular DBOD.No.Ret.BC.35/12.01.001/2013-14 dated July 23, 2013 on the captioned subject. 2. @@NBSP@@As announced in the Press Release 2013-14/604 dated September 20, 2013, it has been d
ستمبر 20, 2013
Credit facility under National Rural Livelihood Mission (NRLM) - Aajeevika- Reporting to RBI
RBI/2013-14/279 RPCD. GSSD.CO. BC. No 38/09.01.03/2013-14 September 20, 2013 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir, Credit facility under National Rural Livelihood Mission (NRLM) – Aajeevika- Reporting to RBI Please refer to our Circular RPCD.GSSD. No.81/09.01.03/2012 – 13 dated June 27, 2013 on restructuring of Swarnajayanti Gram Swarozgar Yojana (SGSY) as National Rural Livelihood Mission (NRLM). 2. In partial modification of paragr
RBI/2013-14/279 RPCD. GSSD.CO. BC. No 38/09.01.03/2013-14 September 20, 2013 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir, Credit facility under National Rural Livelihood Mission (NRLM) – Aajeevika- Reporting to RBI Please refer to our Circular RPCD.GSSD. No.81/09.01.03/2012 – 13 dated June 27, 2013 on restructuring of Swarnajayanti Gram Swarozgar Yojana (SGSY) as National Rural Livelihood Mission (NRLM). 2. In partial modification of paragr
ستمبر 20, 2013
Standing Liquidity Facilities for Banks and Primary Dealers
RBI/2013-14/276 MPD No.BC.368/07.01.279/2013-14 Bhadra 29, 1935 (Sake) September 20, 2013 To All Scheduled Banks [excluding Regional Rural Banks(RRBs)] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Mid-quarter Monetary Policy Review dated September 20, 2013, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 7.25 per cent to 7.50
RBI/2013-14/276 MPD No.BC.368/07.01.279/2013-14 Bhadra 29, 1935 (Sake) September 20, 2013 To All Scheduled Banks [excluding Regional Rural Banks(RRBs)] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Mid-quarter Monetary Policy Review dated September 20, 2013, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 7.25 per cent to 7.50
ستمبر 20, 2013
RRB/RCB - Change in Daily Minimum Cash Reserve Maintenance Requirement
RBI/2013-14/288 RPCD.CO.RRB.RCB.No.40/03.05.33/2013-14 September 20, 2013 All Scheduled State Cooperative Banks/ Regional Rural Banks Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 – Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our Circular RPCD.CO.RRB.No.16/03.05.33/2013-14 dated July 24, 2013 on the captioned subject. 2. As announced in the Press Release 2013-14/604 dated September 20, 2013, it has been decided to redu
RBI/2013-14/288 RPCD.CO.RRB.RCB.No.40/03.05.33/2013-14 September 20, 2013 All Scheduled State Cooperative Banks/ Regional Rural Banks Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 – Change in Daily Minimum Cash Reserve Maintenance Requirement Please refer to our Circular RPCD.CO.RRB.No.16/03.05.33/2013-14 dated July 24, 2013 on the captioned subject. 2. As announced in the Press Release 2013-14/604 dated September 20, 2013, it has been decided to redu
ستمبر 20, 2013
RRB/RCB - Revision in Bank Rate
RBI/2013-14/287 RPCD.CO.RRB.RCB.BC. No. 39/03.05.33/2013-14 September 20, 2013 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Bank Rate Please refer to our Circular RPCD.CO.RRB.RCB.No.13/03.05.33/2013-14 dated July 15, 2013 on the captioned subject. As announced in the Press Release 2013-2014/604 dated September 20, 2013, the Bank Rate stands adjusted by 75 basis points from 10.25 per cent to 9.50
RBI/2013-14/287 RPCD.CO.RRB.RCB.BC. No. 39/03.05.33/2013-14 September 20, 2013 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Bank Rate Please refer to our Circular RPCD.CO.RRB.RCB.No.13/03.05.33/2013-14 dated July 15, 2013 on the captioned subject. As announced in the Press Release 2013-2014/604 dated September 20, 2013, the Bank Rate stands adjusted by 75 basis points from 10.25 per cent to 9.50
ستمبر 19, 2013
Relaxations in Branch Authorisation Policy
RBI/2013-14/274 DBOD.No.BAPD.BC.54 /22.01.001/2013-14 September 19, 2013 All Domestic Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir Section 23 of the Banking Regulation Act, 1949 – Relaxations in Branch Authorisation Policy Please refer to Governor’s Statement on taking office on September 04, 2013@@NBSP@@ (extract enclosed - Annex 1) regarding the proposal to completely free bank branching for well managed domestic scheduled commercial banks in every p
RBI/2013-14/274 DBOD.No.BAPD.BC.54 /22.01.001/2013-14 September 19, 2013 All Domestic Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir Section 23 of the Banking Regulation Act, 1949 – Relaxations in Branch Authorisation Policy Please refer to Governor’s Statement on taking office on September 04, 2013@@NBSP@@ (extract enclosed - Annex 1) regarding the proposal to completely free bank branching for well managed domestic scheduled commercial banks in every p
ستمبر 19, 2013
RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List
RBI/2013-14/271 RPCD.CO.RRB.RCB.AML.No. 3376/07.51.019/2013-14 September 17, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks 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.CO.RRB.RCB.AML.No.3107/07.51.019/2013-14 dated September 10, 2013 on the captioned subject releasing 21st update. We have since rec
RBI/2013-14/271 RPCD.CO.RRB.RCB.AML.No. 3376/07.51.019/2013-14 September 17, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks 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.CO.RRB.RCB.AML.No.3107/07.51.019/2013-14 dated September 10, 2013 on the captioned subject releasing 21st update. We have since rec
ستمبر 19, 2013
RRBs/StCBs/CCBs - Foreign students studying in India - KYC procedure for opening of bank accounts
RBI/2013-14/272 RPCD.RRB.RCB.AML.BC.No. 37/07.51.018/2013-14 September 18, 2013 The Chairmen / CEOs of Regional Rural Banks / State and Central Co-operative Banks Dear Sir / Madam, Foreign students studying in India – KYC procedure for opening of bank accounts It has been represented to us that foreign students arriving in India are facing difficulties in complying with the Know Your Customer (KYC) norms while opening a bank account due to non-availability of any proo
RBI/2013-14/272 RPCD.RRB.RCB.AML.BC.No. 37/07.51.018/2013-14 September 18, 2013 The Chairmen / CEOs of Regional Rural Banks / State and Central Co-operative Banks Dear Sir / Madam, Foreign students studying in India – KYC procedure for opening of bank accounts It has been represented to us that foreign students arriving in India are facing difficulties in complying with the Know Your Customer (KYC) norms while opening a bank account due to non-availability of any proo
ستمبر 17, 2013
RRBs- Analysis and Disclosure of Customer Complaints and Unreconciled Balances on Account of ATM Transactions
RBI/2013-14/269 RPCD.CO.RRB.BC.No.35/03.05.33/2013-14 September 17, 2013 The Chairmen All Regional Rural Banks Dear Sir/Madam, Analysis and Disclosure of Customer Complaints and Unreconciled Balances on Account of ATM Transactions The Committee on Procedures and Performance Audit on Public Services (CPPAPS) had recommended that banks should place a statement before their Boards analyzing the complaints received. CPPAPS had further recommended that the statement of com
RBI/2013-14/269 RPCD.CO.RRB.BC.No.35/03.05.33/2013-14 September 17, 2013 The Chairmen All Regional Rural Banks Dear Sir/Madam, Analysis and Disclosure of Customer Complaints and Unreconciled Balances on Account of ATM Transactions The Committee on Procedures and Performance Audit on Public Services (CPPAPS) had recommended that banks should place a statement before their Boards analyzing the complaints received. CPPAPS had further recommended that the statement of com
ستمبر 17, 2013
Pernicious practices of select banks deterring customer protection and accounting integrity
RBI/2013-14/292 DBS.CO.PPD No. 3578 /11.01.005/2013-14 September 17, 2013 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) / Local Area Banks Madam/Dear Sir, Pernicious practices of select banks deterring customer protection and accounting integrity Please refer to our circular DBS.CO.PPD No. 17882/11.01.005/2012-13 dated June 19, 2013, wherein we had observed certain disquieting features in certain practices/products prevalent/ offered by
RBI/2013-14/292 DBS.CO.PPD No. 3578 /11.01.005/2013-14 September 17, 2013 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) / Local Area Banks Madam/Dear Sir, Pernicious practices of select banks deterring customer protection and accounting integrity Please refer to our circular DBS.CO.PPD No. 17882/11.01.005/2012-13 dated June 19, 2013, wherein we had observed certain disquieting features in certain practices/products prevalent/ offered by
ستمبر 17, 2013
Unclaimed Deposits/Inoperative Accounts in banks - Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes
RBI/2013-14/262 DBOD.No. Leg. BC. 53/09.07.005/2013-14 September 17, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Unclaimed Deposits/Inoperative Accounts in banks – Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes Please refer to Circular DBOD. No. Leg.BC.34/09.07.005/2008-09 dated August 22, 2008 on unclaimed deposits/inoperative accounts wherein
RBI/2013-14/262 DBOD.No. Leg. BC. 53/09.07.005/2013-14 September 17, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Unclaimed Deposits/Inoperative Accounts in banks – Treatment of certain savings bank accounts opened for credit of Scholarship amounts and credit of Direct Benefit Transfer under Government Schemes Please refer to Circular DBOD. No. Leg.BC.34/09.07.005/2008-09 dated August 22, 2008 on unclaimed deposits/inoperative accounts wherein
ستمبر 17, 2013
Financial Inclusion- Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA) - FAQs
RBI/2013-14/264 RPCD.RRB.RCB.AML.BC.No. 36/07.51.018/2013-14 September 17, 2013 The Chairmen / CEOs of Regional Rural Banks / State and Central Co-operative Banks Dear Sir / Madam, Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Account (BSBDA) – FAQs Please refer to Circular RPCD.CO.RRB.RCB.BC.No.24/07.38.01/2012-13 dated August 22, 2012 on Basic Savings Bank Deposit Account (BSBDA) wherein banks have been advised to offer ‘Basic Savings
RBI/2013-14/264 RPCD.RRB.RCB.AML.BC.No. 36/07.51.018/2013-14 September 17, 2013 The Chairmen / CEOs of Regional Rural Banks / State and Central Co-operative Banks Dear Sir / Madam, Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Account (BSBDA) – FAQs Please refer to Circular RPCD.CO.RRB.RCB.BC.No.24/07.38.01/2012-13 dated August 22, 2012 on Basic Savings Bank Deposit Account (BSBDA) wherein banks have been advised to offer ‘Basic Savings
ستمبر 16, 2013
RRBs/StCBs/CCBs-KYC Norm/Anti-Money Laundering Standards/Combating of Financing of Terrorism/Obligation of banks under PMLA, 2002 - Information sought by banks from customers
RBI/2013-14/261 RPCD.RRB.RCB.AML.BC.No. 31/07.51.018/2013-14 September 16, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002 – Information sought by banks from customers Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33(E)/2004-05 and RPCD.AML.BC.No.80/07.40.00/2
RBI/2013-14/261 RPCD.RRB.RCB.AML.BC.No. 31/07.51.018/2013-14 September 16, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002 – Information sought by banks from customers Please refer to our circulars RPCD.No.RRB.BC.81/03.05.33(E)/2004-05 and RPCD.AML.BC.No.80/07.40.00/2
ستمبر 13, 2013
Special Clearing on September 14 and 15, 2013
RBI/2013-2014/252 DPSS.CO.CHD.No. 630/03.01.03/2013-2014 September 13, 2013 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / UCBs / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing on September 14 and 15, 2013 With a view to facilitate accounting of Government receipts (advance taxes under income tax and corporate tax) for the financial year 20
RBI/2013-2014/252 DPSS.CO.CHD.No. 630/03.01.03/2013-2014 September 13, 2013 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / UCBs / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing on September 14 and 15, 2013 With a view to facilitate accounting of Government receipts (advance taxes under income tax and corporate tax) for the financial year 20
ستمبر 11, 2013
StCBs/CCBs - Settlement of Claims of Deceased Depositor - Simplification of Procedure - Placing of Claim Forms on Bank’s Website
RBI/2013-14/248 RPCD.CO.RCB.BC.No. 30/07.51.014/2013-14 September 10, 2013 The Chairmen / CEOs All State and Central Cooperative Banks Dear Sir / Madam, Settlement of Claims of Deceased Depositor – Simplification of Procedure – Placing of claim forms on bank’s website Please refer to our circular RPCD.CO.RF.BC.No.12/07.38.01/2005-06 dated July 12, 2005 wherein simplified procedure has been specified for settlement of claims of deceased depositors. We have been receivi
RBI/2013-14/248 RPCD.CO.RCB.BC.No. 30/07.51.014/2013-14 September 10, 2013 The Chairmen / CEOs All State and Central Cooperative Banks Dear Sir / Madam, Settlement of Claims of Deceased Depositor – Simplification of Procedure – Placing of claim forms on bank’s website Please refer to our circular RPCD.CO.RF.BC.No.12/07.38.01/2005-06 dated July 12, 2005 wherein simplified procedure has been specified for settlement of claims of deceased depositors. We have been receivi
ستمبر 11, 2013
RRBs - Housing Sector: Innovative Housing Loan Products - Upfront Disbursal of Housing Loans
RBI/2013-14/247 RPCD.RRB. BC. No. 29 /03.05.33/2013-14 September 11, 2013 All RRBs Dear Sir, Housing Sector: Innovative Housing Loan Products – Upfront disbursal of housing loans It has been observed that some banks have introduced certain innovative Housing Loan Schemes in association with developers/builders, e.g. upfront disbursal of sanctioned individual housing loans to the builders without linking the disbursals to various stages of construction of housing proje
RBI/2013-14/247 RPCD.RRB. BC. No. 29 /03.05.33/2013-14 September 11, 2013 All RRBs Dear Sir, Housing Sector: Innovative Housing Loan Products – Upfront disbursal of housing loans It has been observed that some banks have introduced certain innovative Housing Loan Schemes in association with developers/builders, e.g. upfront disbursal of sanctioned individual housing loans to the builders without linking the disbursals to various stages of construction of housing proje
ستمبر 11, 2013
Financial Inclusion- Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA) - FAQs
RBI /2013-14/246 DBOD.No. Leg.BC.52/09.07.005/2013-14 September 11, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Account (BSBDA) - FAQs Please refer to Circular DBOD.No. Leg.BC.35 / 09.07.005/2012-13 dated August 10, 2012 on the above subject wherein banks have been advised to offer ‘Basic Savings Bank Deposit Account’ with certain minimum common facilities to all thei
RBI /2013-14/246 DBOD.No. Leg.BC.52/09.07.005/2013-14 September 11, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Account (BSBDA) - FAQs Please refer to Circular DBOD.No. Leg.BC.35 / 09.07.005/2012-13 dated August 10, 2012 on the above subject wherein banks have been advised to offer ‘Basic Savings Bank Deposit Account’ with certain minimum common facilities to all thei
ستمبر 11, 2013
Creation of a Central Repository of Large Common Exposures - Across Banks
RBI/2013-14/250 DBS.Dir.OSMOS. No. 3327/33.01.001/2013-14 September 11, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Creation of a Central Repository of Large Common Exposures - Across Banks This has a reference to the statement made on September 4, 2013 by Dr. Raghuram Rajan on his taking over the charge as Governor, RBI wherein it was stated “RBI proposes to collect credit data and examine large common exposures across banks. This will enable
RBI/2013-14/250 DBS.Dir.OSMOS. No. 3327/33.01.001/2013-14 September 11, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Creation of a Central Repository of Large Common Exposures - Across Banks This has a reference to the statement made on September 4, 2013 by Dr. Raghuram Rajan on his taking over the charge as Governor, RBI wherein it was stated “RBI proposes to collect credit data and examine large common exposures across banks. This will enable
ستمبر 10, 2013
Increase in HTM limits for Standalone PDs
RBI/2013-14/243 IDMD.PDRD.No. 828/03.64.00/2013-14 September 10, 2013 To All Standalone Primary Dealers Dear Sir/Madam, Increase in HTM limits for Standalone PDs A reference is invited to para 5.7 of our Master Circular IDMD.PDRD.01/03.64.00/2013-14 dated July 01, 2013 on Operational Guidelines to Primary Dealers regarding quantum of securities that can be classified as HTM. 2.@@NBSP@@ On the basis of review of@@NBSP@@ the current market conditions relating to excessi
RBI/2013-14/243 IDMD.PDRD.No. 828/03.64.00/2013-14 September 10, 2013 To All Standalone Primary Dealers Dear Sir/Madam, Increase in HTM limits for Standalone PDs A reference is invited to para 5.7 of our Master Circular IDMD.PDRD.01/03.64.00/2013-14 dated July 01, 2013 on Operational Guidelines to Primary Dealers regarding quantum of securities that can be classified as HTM. 2.@@NBSP@@ On the basis of review of@@NBSP@@ the current market conditions relating to excessi
ستمبر 10, 2013
Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List and Consolidated List - RRBs/StCBs/CCBs
RBI/2013-14/239 RPCD.CO.RRB.RCB.AML.No. 3107/07.51.019/2013-14 September 10, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List and Consolidated List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.1953/07.51.019/2013-14 dated August 20, 2013 on the captioned subject. We have since receiv
RBI/2013-14/239 RPCD.CO.RRB.RCB.AML.No. 3107/07.51.019/2013-14 September 10, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al-Qaida Sanctions List and Consolidated List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.1953/07.51.019/2013-14 dated August 20, 2013 on the captioned subject. We have since receiv
ستمبر 10, 2013
Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2013-14/235 DBOD. AML.No.3817/14.06.001/2013-14 September 10, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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. 3316/14.06.001/2013-14 dated September 2, 2013 on the captioned subject releasing 21st update. We
RBI/2013-14/235 DBOD. AML.No.3817/14.06.001/2013-14 September 10, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions 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. 3316/14.06.001/2013-14 dated September 2, 2013 on the captioned subject releasing 21st update. We
ستمبر 10, 2013
RRBs - Settlement of Claims of Deceased Depositor - Simplification of Procedure - Placing of Claim Forms on Bank’s Website
RBI/2013-14/245 RPCD.CO.RRB.BC.No. 33/03.05.33 /2013-14 September 10, 2013 The Chairmen All Regional Rural Banks Dear Sir/Madam, Settlement of Claims of Deceased Depositor – Simplification of Procedure – Placing of claim forms on bank’s website Please refer to circular RPCD.CO.RRB.BC.22/03.05.33/2005-06 dated July 19, 2005 and wherein simplified procedure has been specified for settlement of claims of deceased depositors. We have been receiving feedback from public th
RBI/2013-14/245 RPCD.CO.RRB.BC.No. 33/03.05.33 /2013-14 September 10, 2013 The Chairmen All Regional Rural Banks Dear Sir/Madam, Settlement of Claims of Deceased Depositor – Simplification of Procedure – Placing of claim forms on bank’s website Please refer to circular RPCD.CO.RRB.BC.22/03.05.33/2005-06 dated July 19, 2005 and wherein simplified procedure has been specified for settlement of claims of deceased depositors. We have been receiving feedback from public th
ستمبر 10, 2013
KYC Norms /AML Standards/Combating Financing of Terrorism/Obligation of Banks under PMLA, 2002 - e-KYC Service of UIDAI - Recognising on-line Aadhaar authentication (electronic verification process) to be accepted as an ‘Officially Valid Document’ under PML Rules - RRBs/StCBs/CCBs
RBI/2013-14/242 RPCD.RRB.RCB.AML.BC.No.32/07.51.018/2013-14 September 10, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – e-KYC Service of UIDAI – Recognising on-line Aadhaar authentication (electronic verification process) to be
RBI/2013-14/242 RPCD.RRB.RCB.AML.BC.No.32/07.51.018/2013-14 September 10, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – e-KYC Service of UIDAI – Recognising on-line Aadhaar authentication (electronic verification process) to be
ستمبر 03, 2013
Disclosure of customer complaints and unreconciled balances on account of ATM transactions
RBI/2013-14/218 DBOD.BP.BC.No. 49/21.04.018/2013-14 September 3, 2013 The Chairman and Managing Director/Chief Executive Officer of all Commercial Banks (Excluding Regional Rural Banks) Dear Sir Disclosure of customer complaints and unreconciled balances on account of ATM transactions Please refer to our circular DBOD.No.Leg BC.60/09.07.005/2006-07 dated February 22, 2007 on Analysis and Disclosure- Disclosure of Complaints / Unimplemented Awards of Banking Ombudsmen
RBI/2013-14/218 DBOD.BP.BC.No. 49/21.04.018/2013-14 September 3, 2013 The Chairman and Managing Director/Chief Executive Officer of all Commercial Banks (Excluding Regional Rural Banks) Dear Sir Disclosure of customer complaints and unreconciled balances on account of ATM transactions Please refer to our circular DBOD.No.Leg BC.60/09.07.005/2006-07 dated February 22, 2007 on Analysis and Disclosure- Disclosure of Complaints / Unimplemented Awards of Banking Ombudsmen
ستمبر 03, 2013
Housing Sector: Innovative Housing Loan Products - Upfront disbursal of housing loans
RBI/2013-14/217 DBOD.BP.BC.No. 51/08.12.015/2013-14 September 3, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Housing Sector: Innovative Housing Loan Products – Upfront disbursal of housing loans It has been observed that some banks have introduced certain innovative Housing Loan Schemes in association with developers/builders, e.g. upfront disbursal of sanctioned individual housing loans to the builders without linking the disbursals to various stag
RBI/2013-14/217 DBOD.BP.BC.No. 51/08.12.015/2013-14 September 3, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Housing Sector: Innovative Housing Loan Products – Upfront disbursal of housing loans It has been observed that some banks have introduced certain innovative Housing Loan Schemes in association with developers/builders, e.g. upfront disbursal of sanctioned individual housing loans to the builders without linking the disbursals to various stag
ستمبر 03, 2013
Sharing of Information Technology Resources by Banks - Guidelines
RBI/2013-14/216 DIT.CO (Policy) No.674/09.63.025/2013-14 August 30, 2013 The Chairman/Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Sharing of Information Technology Resources by Banks - Guidelines Please refer to paragraph 101 of the Monetary Policy Statement 2013-14 wherein the need for banks to examine the issue of shared IT resources to optimise costs while maintaining the desired levels of efficiency and security has been
RBI/2013-14/216 DIT.CO (Policy) No.674/09.63.025/2013-14 August 30, 2013 The Chairman/Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Sharing of Information Technology Resources by Banks - Guidelines Please refer to paragraph 101 of the Monetary Policy Statement 2013-14 wherein the need for banks to examine the issue of shared IT resources to optimise costs while maintaining the desired levels of efficiency and security has been
ستمبر 03, 2013
Settlement of Claims of Deceased Depositor - Simplification of Procedure - Placing of claim forms on bank’s website
RBI/2013-14/214 DBOD.No.Leg.BC.48/09.07.005/2013-14 September 03, 2013 All Scheduled Commercial Banks(excluding RRBs) Dear Sir/Madam, Settlement of Claims of Deceased Depositor – Simplification of Procedure – Placing of claim forms on bank’s website Please refer to circular DBOD.No.Leg.BC.95 /09.07.005/2004-05 dated June 09, 2005 wherein simplified procedure has been specified for settlement of claims of deceased depositors. We have been receiving feedback from public
RBI/2013-14/214 DBOD.No.Leg.BC.48/09.07.005/2013-14 September 03, 2013 All Scheduled Commercial Banks(excluding RRBs) Dear Sir/Madam, Settlement of Claims of Deceased Depositor – Simplification of Procedure – Placing of claim forms on bank’s website Please refer to circular DBOD.No.Leg.BC.95 /09.07.005/2004-05 dated June 09, 2005 wherein simplified procedure has been specified for settlement of claims of deceased depositors. We have been receiving feedback from public
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صفحے پر آخری اپ ڈیٹ: جون 21, 2025
