Notifications

RBI/2014-15/609 DCBR.BPD (PCB ) Cir. No. 9/12.05.001/2014-15 May 21, 2015 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/ Madam, Modalities for implementation of Atal Pension Yojana (APY) Government of India, Ministry of Finance has announced the launch of Atal Pension Yojana (APY) on May 9, 2015. The scheme, is an universal social security measure specially for the poor and the under-privileged , which will provide a defined pension, depe

RBI/2014-15/602 DBR.AML.No.17668/14.06.001/2014-15 May 20, 2015 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ all NBFCs/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (StCBs / CCBs) /All Payment System Providers/ System Participants and Prepaid Payment Instrument Issuers/ All authorised persons including those who are agents of Money Transfer Service Sc

RBI/2014-15/594 DCBR.BPD (PCB/RCB) Cir.No.35/12.05.001/2014-15 May 14, 2015 The Chief Executive Officer All Primary (Urban) Co-operative Banks /DCCBs/StCBs Provisioning pertaining to Fraud Accounts Please refer to the guidelines compiled in Paragraph 3.3.1 (ii) of Master Circular on Prudential Norms on Income Recognition, Asset Classification and Provisioning and other related matters for UCBs dated July 1, 2014, and similar instructions for DCCBs & StCBs, in term

RBI/2014-15/592 DBR No.BC.93/29.67.001/2014-15 May 14, 2015 The Chairman & Managing Directors / Managing Director & Chief Executive Officers - All Public Sector Banks Dear Sir / Madam, Calendar of Reviews Please refer to our circular No.DBOD.BP.BC.71/21.03.038/2007-08 dated April 22, 2008 advising banks regarding Calendar of Reviews to be put up to the Board / Management Committee. 2. RBI has prescribed comprehensive ‘Calendar of Reviews’ to be deliberated by

RBI/2014-2015/588DNBR(PD)CC.No. 02/SCRC/26.03.001/2014-2015 May 07, 2015 The Chairman / Managing Director /Chief Executive OfficerAll Registered Securitisation Companies /Reconstruction Companies Dear Sir, Resolution period for BIFR/CDR/JLF cases Please refer to “The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003 dated April 23, 2003 (herein after called “the directions”) and circular DNBS.PD.CC.No. 39/SCRC/26.03.0

RBI/2014-15/586 DCBR.CO.RCB.No.BC.34/19.51.008/2014-15 May 07, 2015 The CEOs of all State Co-operative Banks Dear Sir/Madam, Opening of branches/extension counters by State Co-operative Banks Please refer to our circular RPCD.CO.RF.BC.No.14/07.06.00/2009-10 dated August 4, 2009 on “Opening of new place of business by State Cooperative Banks”. The policy for opening of branches/extension counters/specialized branches within the area of operation of the State Co-operati

RBI/2014-15/585 DCBR.BPD (PCB ) Cir.No.8/12.05.001/2014-15 May 5, 2015 The Chief Executive Officer All Primary (Urban) Co-operative Banks. Madam / Dear Sir, Modalities for implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) Government of India, Ministry of Finance intends to roll out Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Scheme and Pradhan Mantri Suraksha Bima Yojana (PMSBY) from June 1st, 2015.

RBI/2014-15/582 DBR.No.BAPD.BC.92/22.01.003/2014-15 April 30, 2015 All Commercial Banks (including RRBs) Dear Sir/Madam, Acquisition of Accommodation on Lease/Rental basis by Commercial Banks for their use (i.e. for Office and Residence of Staff) – Liberalization of guidelines Please refer to Circulars DBOD.No.BL.BC.105/22.01.03/98 dated November 11, 1998, DBOD.No.BL.BC.32/22.01.003/2008-09 dated August 21, 2008 and DBOD. No.BAPD.BC.59/22.01.003/2012-13 dated November

RBI/2014-15/583 DCBR.BPD (PCB/RCB) Cir. No.33/12.05.001/2014-15 April 30, 2015 The Chief Executive Officer All Primary (Urban) Co-operative Banks /DCCBs/StCBs 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 d