Notifications - Regulating Commercial Banking - RBI - Reserve Bank of India
Notifications
Jan 13, 2014
Legal Guardianship Certificates Issued under the Mental Health Act, 1987and National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999
RBI/2013-14/444 DBOD.No.Leg.BC.84/09.07.005/2013-14 January 13, 2014 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Legal Guardianship Certificates Issued under the Mental Health Act, 1987and National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999 Please refer to our Circular DBOD.No.Leg.BC.51/09.07.005/2007-08 dated November 19, 2007 wherein banks were advised, inter alia, to rely
RBI/2013-14/444 DBOD.No.Leg.BC.84/09.07.005/2013-14 January 13, 2014 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Legal Guardianship Certificates Issued under the Mental Health Act, 1987and National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999 Please refer to our Circular DBOD.No.Leg.BC.51/09.07.005/2007-08 dated November 19, 2007 wherein banks were advised, inter alia, to rely
PDF (
Jan 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
Jan 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
Jan 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
Jan 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
Jan 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.
Jan 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
Jan 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
Dec 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
Dec 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
Dec 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
Dec 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
Dec 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
Dec 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
Dec 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
Dec 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
Dec 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
Dec 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
Dec 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
Dec 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
Install the RBI mobile application and get quick access to the latest news!
Page Last Updated on: November 06, 2024
