Notifications - Consumer Education and Protection - RBI - Reserve Bank of India
Notifications
Jul 18, 2002
Updating Passbooks of customers maintaining
Savings Bank/Current Accounts
Savings Bank/Current Accounts
UBD.CO.POT.PCB.Cir./ 02 /09.11.00/2002-0318 July 2002 27 Aashadha 1924(S)The Chief Executive Officers ofAll Primary Urban Co-operative BanksDear Sir/Madam, Updating Passbooks of customers maintainingSavings Bank/Current Accounts---------------------------------------------------------------It has been brought to the notice of the Reserve Bank that in some of the banks where the entries in the Passbooks are made through computers while updating Passbooks, the entries d
UBD.CO.POT.PCB.Cir./ 02 /09.11.00/2002-0318 July 2002 27 Aashadha 1924(S)The Chief Executive Officers ofAll Primary Urban Co-operative BanksDear Sir/Madam, Updating Passbooks of customers maintainingSavings Bank/Current Accounts---------------------------------------------------------------It has been brought to the notice of the Reserve Bank that in some of the banks where the entries in the Passbooks are made through computers while updating Passbooks, the entries d
PDF (
Jul 17, 2002
Transferability of Relief Bonds of earlier series
Ref.No. CO. DT.13.01.272/ @@NBSP@@ @@NBSP@@ @@NBSP@@ /2002-03July 17, 2002The RDs, All Regional OfficesState Bank of India & Associates, 18 Nationalised Banks,4 Private Sector Banks and SCHILDear Sir,Transferability of Relief Bonds of earlier seriesWe advise that the secondary market purchases of bonds of earlier series, issued prior to March 1, 2002 and not matured, are not to be treated as fresh investments and included in the per investor annual limit of Rs. 2
Ref.No. CO. DT.13.01.272/ @@NBSP@@ @@NBSP@@ @@NBSP@@ /2002-03July 17, 2002The RDs, All Regional OfficesState Bank of India & Associates, 18 Nationalised Banks,4 Private Sector Banks and SCHILDear Sir,Transferability of Relief Bonds of earlier seriesWe advise that the secondary market purchases of bonds of earlier series, issued prior to March 1, 2002 and not matured, are not to be treated as fresh investments and included in the per investor annual limit of Rs. 2
Jul 15, 2002
Release of Foreign Exchange for Travel outside India
As on July 1, 2002Reserve Bank of IndiaExchange Control Department Central OfficeMumbaiEC.CO. PCD.No.3/15.02.76/2002-03July 15, 2002ToAll Authorised Dealers in Foreign Exchange Dear Sirs,Master Circular – Release of Foreign Exchange for Travel outside IndiaAs you are aware Foreign Exchange Management Act, 1999 has been introduced with effect from June 1, 2000. In terms of Section 5 of the Act, any person may sell or draw foreign exchange to and from authorised person
As on July 1, 2002Reserve Bank of IndiaExchange Control Department Central OfficeMumbaiEC.CO. PCD.No.3/15.02.76/2002-03July 15, 2002ToAll Authorised Dealers in Foreign Exchange Dear Sirs,Master Circular – Release of Foreign Exchange for Travel outside IndiaAs you are aware Foreign Exchange Management Act, 1999 has been introduced with effect from June 1, 2000. In terms of Section 5 of the Act, any person may sell or draw foreign exchange to and from authorised person
Jun 27, 2002
Use of Credit Cards
AP (DIR Series) Circular No.53 (June 27, 2002)
AP (DIR Series) Circular No.53 (June 27, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001AP (DIR Series) Circular No.53June 27, 2002To,All Authorised Dealers in Foreign ExchangeMadam / Sirs,Use of Credit CardsAttention of Authorised Dealers is invited to paragraph 3 of AP(DIR Series) Circular No.19 dated October 30, 2000 clarifying that the term "currency", inter alia, includes Credit Cards, ATM Cards and Debit Cards etc. and all the rules, regulations made and directions issued u
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001AP (DIR Series) Circular No.53June 27, 2002To,All Authorised Dealers in Foreign ExchangeMadam / Sirs,Use of Credit CardsAttention of Authorised Dealers is invited to paragraph 3 of AP(DIR Series) Circular No.19 dated October 30, 2000 clarifying that the term "currency", inter alia, includes Credit Cards, ATM Cards and Debit Cards etc. and all the rules, regulations made and directions issued u
Apr 08, 2002
Customer Service - Reversal of Erroneous Debits
Arising on Fraudulent or Other Transactions
Arising on Fraudulent or Other Transactions
DBOD.LEG.BC.86 /09.07.007/2001-02April 8, 2002The Chairman / Chief ExecutiveAll Scheduled Commercial Banks(excluding RRBs)Dear Sir,Customer Service - Reversal of Erroneous DebitsArising on Fraudulent or Other TransactionsPlease refer to our circular DBOD.BP.BC. 57/21.01.001/95 dated May 4, 1995 (copy enclosed) advising banks to adhere to the guidelines and procedure for opening and operating deposit accounts to safeguard against unscrupulous persons opening accounts m
DBOD.LEG.BC.86 /09.07.007/2001-02April 8, 2002The Chairman / Chief ExecutiveAll Scheduled Commercial Banks(excluding RRBs)Dear Sir,Customer Service - Reversal of Erroneous DebitsArising on Fraudulent or Other TransactionsPlease refer to our circular DBOD.BP.BC. 57/21.01.001/95 dated May 4, 1995 (copy enclosed) advising banks to adhere to the guidelines and procedure for opening and operating deposit accounts to safeguard against unscrupulous persons opening accounts m
Feb 04, 2002
Release of Assets of Deceased Customers to Legal Survivors/Claimants
DBOD.BC.No. 63 /09.07.007/2001-02 February 04, 2002All Commercial Banks(excluding RRBs)Dear Sir.Release of Assets of Deceased Customers to Legal Survivors/ClaimantsPlease refer to our circular DBOD.BC.No. 55/09.07.007/2001-02 dated January 1, 2002 on the captioned subject. In this connection, you are requested to carry out the following amendment in the above circular in the manner set out below, namely,(i) In paragraph 1 -The words "where the amount to the credit of
DBOD.BC.No. 63 /09.07.007/2001-02 February 04, 2002All Commercial Banks(excluding RRBs)Dear Sir.Release of Assets of Deceased Customers to Legal Survivors/ClaimantsPlease refer to our circular DBOD.BC.No. 55/09.07.007/2001-02 dated January 1, 2002 on the captioned subject. In this connection, you are requested to carry out the following amendment in the above circular in the manner set out below, namely,(i) In paragraph 1 -The words "where the amount to the credit of
Jan 01, 2002
Release of Assets of Deceased Customers to
Legal Survivors/Claimants
Legal Survivors/Claimants
DBOD. BC.No. 55 /09.07.007/2001-02January 01 , 2002All Commercial Banks(excluding RRBs)Dear Sir,Release of Assets of Deceased Customers toLegal Survivors/ClaimantsIn terms of our circular DBOD BCNo.148/09.07.007/1999-2000 dated March 14,2000, it was advised that banks should not insist upon succession certificate from legal heirs where the amount to the credit of deceased depositors does not exceed Rs.25,000/-.Certain safeguards were stipulated in our Circular DBOD.No
DBOD. BC.No. 55 /09.07.007/2001-02January 01 , 2002All Commercial Banks(excluding RRBs)Dear Sir,Release of Assets of Deceased Customers toLegal Survivors/ClaimantsIn terms of our circular DBOD BCNo.148/09.07.007/1999-2000 dated March 14,2000, it was advised that banks should not insist upon succession certificate from legal heirs where the amount to the credit of deceased depositors does not exceed Rs.25,000/-.Certain safeguards were stipulated in our Circular DBOD.No
Dec 22, 2001
One Time Settlement of NPAs- Small Loan Accounts
with sanctioned limits upto RS.25,000/-
with sanctioned limits upto RS.25,000/-
BP.BC. 53 / 21.04.117 /2001-02December 22, 2001Chairmen and Managing Directors of all public sector banksDear Sir,One Time Settlement of NPAs- Small Loan Accountswith sanctioned limits upto RS.25,000/-The Hon’ble Finance Minister in his meeting with the CMDs of public sector banks held at New Delhi on November 12, 2001, has indicated that a suitable scheme should be evolved by the banks for recovery of dues pertaining to loans outstanding up to Rs.25,000. Accordingly,
BP.BC. 53 / 21.04.117 /2001-02December 22, 2001Chairmen and Managing Directors of all public sector banksDear Sir,One Time Settlement of NPAs- Small Loan Accountswith sanctioned limits upto RS.25,000/-The Hon’ble Finance Minister in his meeting with the CMDs of public sector banks held at New Delhi on November 12, 2001, has indicated that a suitable scheme should be evolved by the banks for recovery of dues pertaining to loans outstanding up to Rs.25,000. Accordingly,
Nov 13, 2001
Release of Foreign Exchange for visits abroad
- Currency Component
A.P.(DIR Series) Circular No. 11
- Currency Component
A.P.(DIR Series) Circular No. 11
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001November 13, 2001A.P.(DIR Series) Circular No. 11A.P.(FL Series) Circular No. 1ToAll Authorised Persons in Foreign ExchangeDear Sirs/Madam Release of Foreign Exchange for visits abroad - Currency ComponentAuthorised dealers as well as Full Fledged Money Changers are permitted to sell foreign exchange in the form of foreign currency notes and coins upto US$ 500 or its equivalent to tr
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001November 13, 2001A.P.(DIR Series) Circular No. 11A.P.(FL Series) Circular No. 1ToAll Authorised Persons in Foreign ExchangeDear Sirs/Madam Release of Foreign Exchange for visits abroad - Currency ComponentAuthorised dealers as well as Full Fledged Money Changers are permitted to sell foreign exchange in the form of foreign currency notes and coins upto US$ 500 or its equivalent to tr
Nov 07, 2001
Stapling of Note Packets - Removal
DBOD No. Dir. BC. 42/13.03.00/2001-02
DBOD No. Dir. BC. 42/13.03.00/2001-02
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005November 7, 2001Kartika 16, 1923(S)DBOD No. Dir. BC. 42/13.03.00/2001-02In exercise of the powers conferred by Section 35A of the Banking Regulations Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in public interest so to do, hereby directs that hereinafter and with immediate eff
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005November 7, 2001Kartika 16, 1923(S)DBOD No. Dir. BC. 42/13.03.00/2001-02In exercise of the powers conferred by Section 35A of the Banking Regulations Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in public interest so to do, hereby directs that hereinafter and with immediate eff
Install the RBI mobile application and get quick access to the latest news!
Page Last Updated on: October 30, 2024
