Regulating Commercial Banking

Customer Service in State/District Central Co-operative Banks (StCBs/DCCBs)

RBI/2014-15/272 RPCD.CO.RCB.BC.No.36/07.51.010/2014-15 October 22, 2014 The Chairmen All State and District Central Co-operative Banks (StCBs and DCCBs) Dear Sir, Customer Service in State/District Central Co-operative Banks (StCBs/DCCBs) Customer service has great significance in the banking industry. The banking system in India today has tremendous outreach for delivery of financial services. It is expected that the quality of customer service will show commensurate

RBI/2014-15/272 RPCD.CO.RCB.BC.No.36/07.51.010/2014-15 October 22, 2014 The Chairmen All State and District Central Co-operative Banks (StCBs and DCCBs) Dear Sir, Customer Service in State/District Central Co-operative Banks (StCBs/DCCBs) Customer service has great significance in the banking industry. The banking system in India today has tremendous outreach for delivery of financial services. It is expected that the quality of customer service will show commensurate

Customer Service in State/District Central Co-operative Banks (StCBs/DCCBs)

Framework for Revitalising Distressed Assets in the Economy - Review of the Guidelines on Joint Lenders’ Forum (JLF) and Corrective Action Plan (CAP)

RBI/2014-15/271 DBOD.BP.BC.No.45/21.04.132/2014-15 October 21, 2014 All Scheduled Commercial Banks (excluding RRBs) All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Framework for Revitalising Distressed Assets in the Economy – Review of the Guidelines on Joint Lenders’ Forum (JLF) and Corrective Action Plan (CAP) Please refer to the ‘Framework for Revitalising Distressed Assets in the Economy’ issued on our website on Ja

RBI/2014-15/271 DBOD.BP.BC.No.45/21.04.132/2014-15 October 21, 2014 All Scheduled Commercial Banks (excluding RRBs) All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Framework for Revitalising Distressed Assets in the Economy – Review of the Guidelines on Joint Lenders’ Forum (JLF) and Corrective Action Plan (CAP) Please refer to the ‘Framework for Revitalising Distressed Assets in the Economy’ issued on our website on Ja

Framework for Revitalising Distressed Assets in the Economy - Review of the Guidelines on Joint Lenders’ Forum (JLF) and Corrective Action Plan (CAP)

RRBs - Risk Weights for Calculation of CRAR

RBI/2014-15/270 RPCD.CO.RRB.BC.No.35/03.05.33/2014-15 October 21, 2014 All Regional Rural Banks Dear Sir, Risk Weights for Calculation of CRAR Please refer to our circular RPCD.CO.RRB.No.BC.44/05.03.095/2007-08 dated December 28, 2007 advising RRBs to compute CRAR and disclose it as ‘Notes on Accounts’ to their Balance Sheets. Risk weights to be allotted to various items of assets were enclosed as Annex I to the above mentioned circular. 2. In the light of the circula

RBI/2014-15/270 RPCD.CO.RRB.BC.No.35/03.05.33/2014-15 October 21, 2014 All Regional Rural Banks Dear Sir, Risk Weights for Calculation of CRAR Please refer to our circular RPCD.CO.RRB.No.BC.44/05.03.095/2007-08 dated December 28, 2007 advising RRBs to compute CRAR and disclose it as ‘Notes on Accounts’ to their Balance Sheets. Risk weights to be allotted to various items of assets were enclosed as Annex I to the above mentioned circular. 2. In the light of the circula

RRBs - Risk Weights for Calculation of CRAR

Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) guidelines - clarifications on periodic updation of low risk customers, non-requirement of repeated KYC for the same customer to open new accounts and partial freezing of KYC non-compliant accounts

RBI/2014-15/269 DBOD. AML. BC. No. 44/14.01.001/2014-15 October 21, 2014 The Chairperson / Chief Executive Officers All Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Madam/Sir Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) guidelines – clarifications on periodic updation of low risk customers, non-requirement of repeated KYC for the same customer t

RBI/2014-15/269 DBOD. AML. BC. No. 44/14.01.001/2014-15 October 21, 2014 The Chairperson / Chief Executive Officers All Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Madam/Sir Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) guidelines – clarifications on periodic updation of low risk customers, non-requirement of repeated KYC for the same customer t

Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) guidelines - clarifications on periodic updation of low risk customers, non-requirement of repeated KYC for the same customer to open new accounts and partial freezing of KYC non-complia

Revisions to Basel II-Advanced Approaches of Operational Risk-TSA and AMA

RBI/2014-15/265 DBOD.No.BP.BC.43/21.06.017/2014-15 October 16, 2014 The Chairman and Managing Director / Chief Executive Officer of All Scheduled Commercial Banks (Excluding RRBs and Local Area Banks) Dear Sir, Revisions to Basel II-Advanced Approaches of Operational Risk-TSA and AMA Please refer to the Reserve Bank Guidelines on Basel II-Advanced Approaches of Operational Risk as contained in circulars dated March 31, 2010 on ‘Implementation of The Standardised Appro

RBI/2014-15/265 DBOD.No.BP.BC.43/21.06.017/2014-15 October 16, 2014 The Chairman and Managing Director / Chief Executive Officer of All Scheduled Commercial Banks (Excluding RRBs and Local Area Banks) Dear Sir, Revisions to Basel II-Advanced Approaches of Operational Risk-TSA and AMA Please refer to the Reserve Bank Guidelines on Basel II-Advanced Approaches of Operational Risk as contained in circulars dated March 31, 2010 on ‘Implementation of The Standardised Appro

Revisions to Basel II-Advanced Approaches of Operational Risk-TSA and AMA

Review of norms for classification of Urban Co-operative Banks (UCBs) as Financially Sound and Well Managed (FSWM)

RBI/2014-15/261 UBD.CO.LS (PCB) Cir.No.20/07.01.000/2014-15 October 13, 2014 Chief Executive Officers of all Primary (Urban) Co-operative Banks Madam / Dear Sir Review of norms for classification of Urban Co-operative Banks (UCBs) as Financially Sound and Well Managed (FSWM) Please refer to our circular UBD.CO.LS.(PCB).Cir.No.24/07.01.000/2013-14 dated October 1, 2013 wherein the eligibility criteria for FSWM UCBs were laid down. 2. In this connection, attention of UC

RBI/2014-15/261 UBD.CO.LS (PCB) Cir.No.20/07.01.000/2014-15 October 13, 2014 Chief Executive Officers of all Primary (Urban) Co-operative Banks Madam / Dear Sir Review of norms for classification of Urban Co-operative Banks (UCBs) as Financially Sound and Well Managed (FSWM) Please refer to our circular UBD.CO.LS.(PCB).Cir.No.24/07.01.000/2013-14 dated October 1, 2013 wherein the eligibility criteria for FSWM UCBs were laid down. 2. In this connection, attention of UC

Review of norms for classification of Urban Co-operative Banks (UCBs) as Financially Sound and Well Managed (FSWM)

Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses

RBI/2014-15/257 A.P. (DIR Series) Circular No.35 October 9, 2014 To, All Authorised Dealer Category - I Banks Madam / Sir, Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the A.P. (DIR Series) Circular No. 28 [A. P. (FL/RL Series) Circular No. 02] dated February 6, 2008 and the Annex to the A.P. (DIR Serie

RBI/2014-15/257 A.P. (DIR Series) Circular No.35 October 9, 2014 To, All Authorised Dealer Category - I Banks Madam / Sir, Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the A.P. (DIR Series) Circular No. 28 [A. P. (FL/RL Series) Circular No. 02] dated February 6, 2008 and the Annex to the A.P. (DIR Serie

Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses

Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List

RBI/2014-15/255 UBD.BPD.PCB.Cir.No. 18/14.01.062/2014-15 October 7, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Madam / Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular UBD.BPD.(PCB).Cir.No.10/14.01.062/2014-15 dated August 27, 2014 on the captioned subject. We have since received from Government of India, Ministry of External Affairs, UNP Division,

RBI/2014-15/255 UBD.BPD.PCB.Cir.No. 18/14.01.062/2014-15 October 7, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Madam / Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular UBD.BPD.(PCB).Cir.No.10/14.01.062/2014-15 dated August 27, 2014 on the captioned subject. We have since received from Government of India, Ministry of External Affairs, UNP Division,

Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List

Fourth Bi-monthly Monetary Policy Statement, 2014-15 - SLR Holdings under Held to Maturity Category

RBI/2014-15/254 DBOD.No.BP.BC.42/21.04.141/2014-15 October 7, 2014 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Fourth Bi-monthly Monetary Policy Statement, 2014-15 – SLR Holdings under Held to Maturity Category Please refer to paragraph 25 of the Fourth Bi-monthly Monetary Policy Statement, 2014-15 (extract enclosed) announced on September 30, 2014. 2. In terms of our circular No.DBOD.No.BP.BC.30/21.04.141/2014-15 dated August 5, 2014 on ‘Monetary Policy

RBI/2014-15/254 DBOD.No.BP.BC.42/21.04.141/2014-15 October 7, 2014 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Fourth Bi-monthly Monetary Policy Statement, 2014-15 – SLR Holdings under Held to Maturity Category Please refer to paragraph 25 of the Fourth Bi-monthly Monetary Policy Statement, 2014-15 (extract enclosed) announced on September 30, 2014. 2. In terms of our circular No.DBOD.No.BP.BC.30/21.04.141/2014-15 dated August 5, 2014 on ‘Monetary Policy

Fourth Bi-monthly Monetary Policy Statement, 2014-15 - SLR Holdings under Held to Maturity Category

RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List

RBI/2014-15/253 RPCD.RRB.RCB.AML.No. 3571/07.51.019/2014-15 October 7, 2014 Regional Rural Banks (RRBs) and State /Central Co-operative Banks (StCBs/CCBs) Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.2790/07.51.019/2014-15 dated September 9, 2014 on the captioned subject. We have since received from Government of India, Ministry of External Af

RBI/2014-15/253 RPCD.RRB.RCB.AML.No. 3571/07.51.019/2014-15 October 7, 2014 Regional Rural Banks (RRBs) and State /Central Co-operative Banks (StCBs/CCBs) Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.2790/07.51.019/2014-15 dated September 9, 2014 on the captioned subject. We have since received from Government of India, Ministry of External Af

RRBs/StCBs/CCBs - Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988(2011) Taliban Sanctions List