Notifications - Consumer Education and Protection - RBI - Reserve Bank of India
Notifications
Jul 08, 2016
Amendment to Master Direction on KYC - Operationalisation of Central KYC Registry (CKYCR) and KYC norms for Foreign Portfolio Investors (FPIs)
RBI/2016-2017/11 DBR.AML.BC.No.1/14.01.001/2016-17 July 8, 2016 All Regulated Entities (REs) Dear Sir/Madam, Amendment to Master Direction on KYC – Operationalisation of Central KYC Registry (CKYCR) and KYC norms for Foreign Portfolio Investors (FPIs) In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, the Reserve Bank of India hereby directs that the Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016 Master Direct
RBI/2016-2017/11 DBR.AML.BC.No.1/14.01.001/2016-17 July 8, 2016 All Regulated Entities (REs) Dear Sir/Madam, Amendment to Master Direction on KYC – Operationalisation of Central KYC Registry (CKYCR) and KYC norms for Foreign Portfolio Investors (FPIs) In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, the Reserve Bank of India hereby directs that the Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016 Master Direct
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Jun 30, 2016
Pre-2005 series of Banknotes - Revision of exchange facility
RBI/2015-16/443 DCM (Plg) No.G-12/4297/10.27.00/2015-16 June 30, 2016 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks Primary (Urban) Co-operative Banks / RRBs /State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Pre-2005 series of Banknotes - Revision of exchange facility Please refer to our circular DCM (Plg) No.G-8/2331/10.27.00/2015-16 dated December 23, 2015, DCM (Plg) No.G-9/2856/10.27.00/201
RBI/2015-16/443 DCM (Plg) No.G-12/4297/10.27.00/2015-16 June 30, 2016 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks Primary (Urban) Co-operative Banks / RRBs /State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Pre-2005 series of Banknotes - Revision of exchange facility Please refer to our circular DCM (Plg) No.G-8/2331/10.27.00/2015-16 dated December 23, 2015, DCM (Plg) No.G-9/2856/10.27.00/201
Jun 02, 2016
Cyber Security Framework in Banks
RBI/2015-16/418 DBS.CO/CSITE/BC.11/33.01.001/2015-16 Jyeshtha 12, 1938 (saka) June 2, 2016 To The Chairman/ Managing Director /Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Cyber Security Framework in Banks Introduction Use of Information Technology by banks and their constituents has grown rapidly and is now an integral part of the operational strategies of banks. The Reserve Bank, had, provided guidelines o
RBI/2015-16/418 DBS.CO/CSITE/BC.11/33.01.001/2015-16 Jyeshtha 12, 1938 (saka) June 2, 2016 To The Chairman/ Managing Director /Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Cyber Security Framework in Banks Introduction Use of Information Technology by banks and their constituents has grown rapidly and is now an integral part of the operational strategies of banks. The Reserve Bank, had, provided guidelines o
May 26, 2016
ATMs - Security and Risk Mitigation Measures for Card Present (CP) Transactions
RBI/2015-2016/413 DPSS.CO.PD.No./2895/02.10.002/2015-2016 May 26, 2016 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/White Label ATM Operators Madam / Sir, ATMs - Security and Risk Mitigation Measures for Card Present (CP) Transactions Please refer to
RBI/2015-2016/413 DPSS.CO.PD.No./2895/02.10.002/2015-2016 May 26, 2016 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/White Label ATM Operators Madam / Sir, ATMs - Security and Risk Mitigation Measures for Card Present (CP) Transactions Please refer to
Apr 21, 2016
Publicity in the bank branches cautioning public against placing deposits in dubious schemes
RBI/2015-16/378 DBR.No.Leg.BC.93/09.07.005/2015-16 April 21, 2016 The Chairman/Chief Executives ofAll Scheduled Commercial Banks including Regional Rural Banks/Local Area Banks Dear Sir, Publicity in the bank branches cautioning public against placing deposits in dubious schemes You may be aware that in the recent years there have been several incidents of unscrupulous entities duping general public by floating various dubious schemes for mobilisation of funds by way
RBI/2015-16/378 DBR.No.Leg.BC.93/09.07.005/2015-16 April 21, 2016 The Chairman/Chief Executives ofAll Scheduled Commercial Banks including Regional Rural Banks/Local Area Banks Dear Sir, Publicity in the bank branches cautioning public against placing deposits in dubious schemes You may be aware that in the recent years there have been several incidents of unscrupulous entities duping general public by floating various dubious schemes for mobilisation of funds by way
Apr 07, 2016
Revision of interest rates for Small Savings Schemes
RBI/2015-16/362 DGBA.GAD.3175/15.02.005/2015-16 April 07, 2016 The Chairman/Chief Executive Officer Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014, Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004 Dear Sir Revision of interest rates for Small Savings Schemes Please refer to our circular RBI/2014-15/536 dated April 1, 2015 on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS.II d
RBI/2015-16/362 DGBA.GAD.3175/15.02.005/2015-16 April 07, 2016 The Chairman/Chief Executive Officer Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014, Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004 Dear Sir Revision of interest rates for Small Savings Schemes Please refer to our circular RBI/2014-15/536 dated April 1, 2015 on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS.II d
Dec 23, 2015
Withdrawal of all old series of Banknotes issued prior to 2005
RBI/2015-16/275 DCM (Plg) No.G-8/2331/10.27.00/2015-16 December 23, 2015 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks Primary (Urban) Co-operative Banks / RRBs Madam / Dear Sir, Withdrawal of all old series of Banknotes issued prior to 2005 Please refer to our circular DCM (Plg) No.G-15/5486/10.27.00/2014-15 dated June 26, 2015 and the Press Release dated June 25, 2015 on the captioned subject. 2. On a review of the matter,
RBI/2015-16/275 DCM (Plg) No.G-8/2331/10.27.00/2015-16 December 23, 2015 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks Primary (Urban) Co-operative Banks / RRBs Madam / Dear Sir, Withdrawal of all old series of Banknotes issued prior to 2005 Please refer to our circular DCM (Plg) No.G-15/5486/10.27.00/2014-15 dated June 26, 2015 and the Press Release dated June 25, 2015 on the captioned subject. 2. On a review of the matter,
Dec 23, 2015
Special Deposit Scheme 1975 - Payment of interest for the calendar year 2015
RBI/2015-16/274 DGBA.GAD. No. 2023/15.01.001/2015-16 December 23, 2015 The Chairman & Managing Director Head Office Government Accounts Department State Bank of India / State Bank of Patiala State Bank of Bikaner & Jaipur /State Bank of Travancore State Bank of Hyderabad / State Bank of Mysore Allahabad Bank / Bank of Baroda / Bank of India / Bank of Maharashtra/ Canara Bank / Central Bank of India / Corporation Bank / Dena Bank / Indian Bank/ Indian Overseas
RBI/2015-16/274 DGBA.GAD. No. 2023/15.01.001/2015-16 December 23, 2015 The Chairman & Managing Director Head Office Government Accounts Department State Bank of India / State Bank of Patiala State Bank of Bikaner & Jaipur /State Bank of Travancore State Bank of Hyderabad / State Bank of Mysore Allahabad Bank / Bank of Baroda / Bank of India / Bank of Maharashtra/ Canara Bank / Central Bank of India / Corporation Bank / Dena Bank / Indian Bank/ Indian Overseas
Aug 27, 2015
Cash Withdrawal at Point-of-Sale (POS) - Enhanced limit at Tier III to VI Centres
RBI/2015-16/164 DPSS.CO.PD.No.449/02.14.003/2015-16 August 27, 2015 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 /All Card Network Providers Dear Madam / Sir, Cash Withdrawal at Point-of-Sale (POS) - Enhanced limit at Tier III to VI Centres A reference is invited to our circulars No DPSS.CO.PD.No.147/02.14.003/2009-
RBI/2015-16/164 DPSS.CO.PD.No.449/02.14.003/2015-16 August 27, 2015 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 /All Card Network Providers Dear Madam / Sir, Cash Withdrawal at Point-of-Sale (POS) - Enhanced limit at Tier III to VI Centres A reference is invited to our circulars No DPSS.CO.PD.No.147/02.14.003/2009-
Aug 27, 2015
Detection of Counterfeit Notes
RBI/2015-16/162 DCM (FNVD) No. 776/16.01.05/2015-16 August 27, 2015 The Chairman / Managing Director / Chief Executive Officer All Banks Madam / Sir, Detection of Counterfeit Notes Please refer to our Circular DCM (FNVD) No. 5840/16.01.05/2012-13 dated June 27, 2013 on “Detection and Reporting of Counterfeit Notes”. The procedure for detection of counterfeit notes has been reviewed in consultation with the Government and it has been observed that certain modifications
RBI/2015-16/162 DCM (FNVD) No. 776/16.01.05/2015-16 August 27, 2015 The Chairman / Managing Director / Chief Executive Officer All Banks Madam / Sir, Detection of Counterfeit Notes Please refer to our Circular DCM (FNVD) No. 5840/16.01.05/2012-13 dated June 27, 2013 on “Detection and Reporting of Counterfeit Notes”. The procedure for detection of counterfeit notes has been reviewed in consultation with the Government and it has been observed that certain modifications
Aug 27, 2015
Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions - Issuance of EMV Chip and PIN Cards
RBI/2015-16/163 DPSS.CO.PD.No.448/02.14.003/2015-16 August 27, 2015 All Scheduled Commercial Banks including RRBs / Co-operative Banks / State Co-operative Banks / Central Co-operative Banks / Authorised Card Payment Networks Dear Madam / Sir, Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards A reference is invited to our circular DPSS (CO) PD No.2112/02.14.003/2014-15 dated May 07, 2015 on
RBI/2015-16/163 DPSS.CO.PD.No.448/02.14.003/2015-16 August 27, 2015 All Scheduled Commercial Banks including RRBs / Co-operative Banks / State Co-operative Banks / Central Co-operative Banks / Authorised Card Payment Networks Dear Madam / Sir, Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards A reference is invited to our circular DPSS (CO) PD No.2112/02.14.003/2014-15 dated May 07, 2015 on
May 07, 2015
Mandatory issue of acknowledgement to pensioners on submission of life certificates
RBI/2014-15/587 DGBA.GAD No.H- 5013/45.01.001/2014-15 May 07, 2015 The Chairman/ Chief Executive Officer All Agency Banks Dear Sir Mandatory issue of acknowledgement to pensioners on submission of life certificates In terms of extant instructions, all pensioners are required to furnish a life certificate to the pension disbursing bank every year in November for continuance of pension. This certificate can be submitted at any branch of the pension paying bank. The Gove
RBI/2014-15/587 DGBA.GAD No.H- 5013/45.01.001/2014-15 May 07, 2015 The Chairman/ Chief Executive Officer All Agency Banks Dear Sir Mandatory issue of acknowledgement to pensioners on submission of life certificates In terms of extant instructions, all pensioners are required to furnish a life certificate to the pension disbursing bank every year in November for continuance of pension. This certificate can be submitted at any branch of the pension paying bank. The Gove
Apr 23, 2015
Rights of transgender persons - Changes in bank forms/applications etc
RBI/2014-15/572 DBR.No.Leg.BC.91/09.07.005/2014-15 April 23, 2015 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Rights of transgender persons – Changes in bank forms/applications etc. It has been brought to our notice that transgender persons face difficulties in opening accounts as there is no provision for them in the account opening and other forms. 2. in this connection, banks are advised to refer to the judgement dated April 15, 2014 of the Supre
RBI/2014-15/572 DBR.No.Leg.BC.91/09.07.005/2014-15 April 23, 2015 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Rights of transgender persons – Changes in bank forms/applications etc. It has been brought to our notice that transgender persons face difficulties in opening accounts as there is no provision for them in the account opening and other forms. 2. in this connection, banks are advised to refer to the judgement dated April 15, 2014 of the Supre
Apr 16, 2015
Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2014-15/555DBR.AML.No.15428/14.06.001/2014-15 April 16, 2015 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions 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 DBR.AML.No.15135/14.06.001/2014-15 dated April 9, 2015 on the captioned subject releasing the 11th upda
RBI/2014-15/555DBR.AML.No.15428/14.06.001/2014-15 April 16, 2015 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions 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 DBR.AML.No.15135/14.06.001/2014-15 dated April 9, 2015 on the captioned subject releasing the 11th upda
Apr 01, 2015
Revision of interest rates for Small Savings Schemes
RBI/2014-15/536IDMD(DGBA).CDD.No.4521/15.02.001/2014-15April 01, 2015The Chairman and Managing Director/Managing DirectorHead Office, Government Accounts DepartmentState Bank of India/State Bank of Patiala/State Bank of Bikaner & Jaipur/State Bank of Travancore/ State Bank of Hyderabad/State Bank of Mysore/ Andhra Bank/ Allahabad Bank/Bank of Baroda/Bank of India/Punjab & Sind Bank/Bank of Maharashtra/Canara Bank/Central Bank of India/Corporation Bank/Dena Ban
RBI/2014-15/536IDMD(DGBA).CDD.No.4521/15.02.001/2014-15April 01, 2015The Chairman and Managing Director/Managing DirectorHead Office, Government Accounts DepartmentState Bank of India/State Bank of Patiala/State Bank of Bikaner & Jaipur/State Bank of Travancore/ State Bank of Hyderabad/State Bank of Mysore/ Andhra Bank/ Allahabad Bank/Bank of Baroda/Bank of India/Punjab & Sind Bank/Bank of Maharashtra/Canara Bank/Central Bank of India/Corporation Bank/Dena Ban
Mar 13, 2015
Know your Customer (KYC) guidelines - accounts of proprietary concerns
RBI/2014-15/498 DBR.AML.BC.No.77/14.01.001/2014-15 March 13, 2015 The Chairperson/CEOs of all Scheduled Commercial Banks Regional Rural Banks/ Local Area Banks / All India Financial Institutions Dear Madam/Sir, Know your Customer (KYC) guidelines - accounts of proprietary concerns Please refer to paragraph 2.5(h) of our Master Circular no. DBOD.AML.BC.No.22/14.01.001/2014-15 dated July 1, 2014 on KYC norms and our circular DBOD. AML.BC. No. 80/14.01.001/2009-10 dated
RBI/2014-15/498 DBR.AML.BC.No.77/14.01.001/2014-15 March 13, 2015 The Chairperson/CEOs of all Scheduled Commercial Banks Regional Rural Banks/ Local Area Banks / All India Financial Institutions Dear Madam/Sir, Know your Customer (KYC) guidelines - accounts of proprietary concerns Please refer to paragraph 2.5(h) of our Master Circular no. DBOD.AML.BC.No.22/14.01.001/2014-15 dated July 1, 2014 on KYC norms and our circular DBOD. AML.BC. No. 80/14.01.001/2009-10 dated
Feb 02, 2015
The Depositor Education and Awareness Fund Scheme, 2014 -Section 26A of Banking Regulation Act, 1949- Unclaimed Deposits/ Inoperative Accounts in Banks- Updation of list of inoperative accounts on their website
RBI/2014-15/442 DBR.No.DEA Fund Cell.BC.67/30.01.002/2014-15 February 2, 2015 The Chairman and Managing Director /Chief Executive OfficerAll Scheduled Commercial Banks (including RRBs)and LABs Dear Sir/Madam, The Depositor Education and Awareness Fund Scheme, 2014 –Section 26A of Banking Regulation Act, 1949- Unclaimed Deposits/ Inoperative Accounts in Banks- Updation of list of inoperative accounts on their website Please refer to our circulars DBOD.No.Leg.BC.81/09.0
RBI/2014-15/442 DBR.No.DEA Fund Cell.BC.67/30.01.002/2014-15 February 2, 2015 The Chairman and Managing Director /Chief Executive OfficerAll Scheduled Commercial Banks (including RRBs)and LABs Dear Sir/Madam, The Depositor Education and Awareness Fund Scheme, 2014 –Section 26A of Banking Regulation Act, 1949- Unclaimed Deposits/ Inoperative Accounts in Banks- Updation of list of inoperative accounts on their website Please refer to our circulars DBOD.No.Leg.BC.81/09.0
Feb 02, 2015
Unclaimed Deposits/ Inoperative Accounts in Banks - Display list of Inoperative Accounts
RBI/2014-15/437 DBR.No. DEA Fund Cell.BC.66/30.01.002/2014-15 February 2, 2015 All Local Area Banks Dear Sir, Unclaimed Deposits/ Inoperative Accounts in Banks - Display list of Inoperative Accounts Please refer to our circular DBOD.No.DEAF Cell.BC.114/30.01.002/2013-14 dated May 27, 2014 on the Depositor Education and Awareness Fund Scheme, 2014(Scheme) and the Scheme notified by Government of India. 2. Keeping in view public interest, it has been decided that banks
RBI/2014-15/437 DBR.No. DEA Fund Cell.BC.66/30.01.002/2014-15 February 2, 2015 All Local Area Banks Dear Sir, Unclaimed Deposits/ Inoperative Accounts in Banks - Display list of Inoperative Accounts Please refer to our circular DBOD.No.DEAF Cell.BC.114/30.01.002/2013-14 dated May 27, 2014 on the Depositor Education and Awareness Fund Scheme, 2014(Scheme) and the Scheme notified by Government of India. 2. Keeping in view public interest, it has been decided that banks
Jan 22, 2015
Display of information by banks
RBI/2014-15/422 DBR.Leg.No.BC.64/09.07.005/2014-15 January 22, 2015 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Display of information by banks Please refer to our circulars DBOD.Leg.No.BC.33/09.07.005/2008-09 dated August 22, 2008 and DBOD.Leg.BC.42/09.07.005/2008-09 dated September 12, 2008 on display of information for promoting transparency in the operations of banks. 2. In order to further enhance transparency in pricing of credit, based on th
RBI/2014-15/422 DBR.Leg.No.BC.64/09.07.005/2014-15 January 22, 2015 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Display of information by banks Please refer to our circulars DBOD.Leg.No.BC.33/09.07.005/2008-09 dated August 22, 2008 and DBOD.Leg.BC.42/09.07.005/2008-09 dated September 12, 2008 on display of information for promoting transparency in the operations of banks. 2. In order to further enhance transparency in pricing of credit, based on th
Jan 02, 2015
Brand/Name of products offered by authorised entities - Dissemination of Information
RBI/2014-15/381 DPSS.CO.AD.No.1204/02.27.005/2014-15 January 2, 2015 All the entities authorised under PSS Act, 2007 Dear Madam/ Sir, Brand/Name of products offered by authorised entities – Dissemination of Information As you are aware, under the Payment and Settlement Act, 2007 (PSS Act), an entity operating a payment system within the country has to obtain authorisation from Reserve Bank of India (RBI). The Certificate of Authorisation (COA) issued by the Bank to an
RBI/2014-15/381 DPSS.CO.AD.No.1204/02.27.005/2014-15 January 2, 2015 All the entities authorised under PSS Act, 2007 Dear Madam/ Sir, Brand/Name of products offered by authorised entities – Dissemination of Information As you are aware, under the Payment and Settlement Act, 2007 (PSS Act), an entity operating a payment system within the country has to obtain authorisation from Reserve Bank of India (RBI). The Certificate of Authorisation (COA) issued by the Bank to an
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