RBI/2011-12/223 RPCD.CO.RCB.AML.BC.No.23/07.40.00/2011-12 October 17, 2011 The Chairmen / CEOs of All State and Central Co-operative Banks Dear Sir, Know Your Customer Norms – Letter issued by Unique Identification Authority of India (UIDAI) containing details of name, address and Aadhaar number Please refer to the Government of India Notification No.14/2010/F.No.6/2/2007-ES dated December 16, 2010 which recognises the letter issued by Unique Identification Authority

RBI/2011-12/173 A.P. (DIR Series) Circular No. 12 September 15, 2011 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Savings Bank account maintained by residents in India – Joint holder - liberalisation Attention of Authorised Dealer (AD) banks is invited to Regulation 2(vi) of FEMA Notification No. 5 dated May 3, 2000 in terms of which Non-Resident Indian (NRI) means a person resident outside India who is a citizen of India or is a person of Indian o

RBI/2011-12/15 Master Circular No. 15/2011-12 July 1, 2011 To, All Category - I Authorised Dealer banks Madam / Sir, Master Circular on Foreign Investment in India Foreign investment in India is governed by sub-section (3) of Section 6 of the Foreign Exchange Management Act, 1999 read with Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. The regulatory framework and instructions issued by the Reserve Bank have been compiled in this Mas

RBI/2011-12/154 RPCD.CO.RRB.BC.No.17/03.05.33/2011-12 August 16, 2011 The Chairman All Regional Rural Banks Dear Sir, Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above Please refer to our circular RPCD.No.NB.BC.124/RRB.16/90-91 dated May 29, 1991 in terms of which demand drafts, mail transfers, telegraphic transfers and travellers cheques for Rs.50,000/- and above should be issued by banks only by debit to the customer's accoun

RBI/2011-12/152 DPSS (CO) EPPD No./274/04.03.01/2011-12 August 12, 2011 The Chairman and Managing Director / Chief Executive Officer of member banks participating in RTGS / NEFT Madam / Dear Sir, Discretion to customers for selection between RTGS and NEFT As you are aware, RTGS and NEFT are two important pan-India payment systems introduced by Reserve Bank of India keeping in mind the requirements of various customers in the wholesale and retail payment systems segmen

RBI/2011-12/150 DBOD No. Rajbhasha BC. 21 /06.11.04/2011-12 July 1, 2011 Ashadha 10, 1933 (S) Chairman & Managing Director All Public Sector Banks Dear Sir, Master Circular - Use of Hindi in banks Please refer to the Master Circular DBOD No. Rajbhasha.BC. 22/ 06.11.04/ 2010-11 dated July 1, 2010 on the captioned subject. The Master Circular has been suitably updated by incorporating instructions issued up to June 30, 2011 and has also  been placed on the RBI

RBI/2011-12/147 RPCD.CO RRB.AML.BC.No.15 /03.05.33(E)/2011-12 August 8, 2011 The Chairmen All Regional Rural Banks (RRBs) Dear Sir, Opening of 'Small Account' Please find enclosed a copy of the Government of India, Notification No.14/2010/F.No.6/2/2007-E.S. dated December 16, 2010, amending the Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and

RBI/2011-12/145 DPSS.PD.CO. No.223/02.14.003/2011-2012 August 04, 2011 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 Card Payment Networks Madam / Dear Sir Security Issues and Risk mitigation measures related to Card Not Present (CNP) transactions. Please refer to our circular RBI/DPSS No. 1501 / 02.14.003

RBI/2011-12/135 DBOD.BP.BC. No. 26 / 21.01.001/2011-12 August 1, 2011 To, The Chairmen / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above Please refer to our circular DBOD.BP.BC.No.114/C.469(81) - 91 dated April 19, 1991 in terms of which demand drafts, mail transfers, telegraphic transfers and travellers cheques for Rs.50,000 and above should be iss

RBI/2011-12/121 DPSS.CO.CHD.No. 120 / 03.06.01 / 2011-12 July 25, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Dishonour / Return of Cheques - Need to Sign / Initial the Cheque Return Memo Please refer to our circular DPSS. CO. CHD. No. 485 / 03.06.01 / 2010-11 dated September 1, 2010 on Dishon