IST,
શોધો
errorSearch
rbi.page.title.1
rbi.page.title.2
Notifications
ફેબ્રુ 04, 2003
Guidelines on infrastructure financing
DBOD. No. BP. BC. 67 / 21.04.048/ 2002- 2003February 4, 2003 All Scheduled Commercial Banks (excluding RRBs & LABs) &All India Financial InstitutionsDear Sir,Guidelines on infrastructure financingPlease refer to our Industrial & Export Credit Department's Circular No. 16/ 08.12.01/ 2001- 02 dated 20 February 2002 on financing of infrastructure projects. RBI has been receiving requests in the recent past suggesting a need for review of guidelines on infrast
DBOD. No. BP. BC. 67 / 21.04.048/ 2002- 2003February 4, 2003 All Scheduled Commercial Banks (excluding RRBs & LABs) &All India Financial InstitutionsDear Sir,Guidelines on infrastructure financingPlease refer to our Industrial & Export Credit Department's Circular No. 16/ 08.12.01/ 2001- 02 dated 20 February 2002 on financing of infrastructure projects. RBI has been receiving requests in the recent past suggesting a need for review of guidelines on infrast
પીડીએફ (
ફેબ્રુ 03, 2003
Implementation of Kimberley Process Certification
Scheme (KPCS) on Conflict Diamonds
Scheme (KPCS) on Conflict Diamonds
IECD No.13/04.02.02/2002-03 February 3, 2003The Chairmen/Chief Executives of all Commercial BanksDear Sir,Implementation of Kimberley Process Certification Scheme (KPCS) on Conflict DiamondsPlease refer to our circular IECD No.3/04.02.02/2001-02 dated August 30, 2001 regarding obtaining undertaking from all your clients who are being extended credit for doing any business relating to diamonds.2. We advise that as per new UN mandated Kimberley Process Certification Sch
IECD No.13/04.02.02/2002-03 February 3, 2003The Chairmen/Chief Executives of all Commercial BanksDear Sir,Implementation of Kimberley Process Certification Scheme (KPCS) on Conflict DiamondsPlease refer to our circular IECD No.3/04.02.02/2001-02 dated August 30, 2001 regarding obtaining undertaking from all your clients who are being extended credit for doing any business relating to diamonds.2. We advise that as per new UN mandated Kimberley Process Certification Sch
જાન્યુ 31, 2003
Public issue of shares and debentures - Underwriting by
merchant banking subsidiaries of commercial banks
merchant banking subsidiaries of commercial banks
DBOD.No.FSC.BC. 66/24.01.002/2002-03 January 31, 2003 The Chairmen/Chief Executives of allCommercial Banks (excluding RRBs and LABs)Dear Sir,Public issue of shares and debentures -Underwriting by merchant banking subsidiariesof commercial banksPlease refer to our circular DBOD.No.FSC.BC.26/C.469-89 dated September 29, 1989, wherein banks/subsidiaries were advised that while taking up underwriting commitments, stand-by facilities and other similar commitments, they sho
DBOD.No.FSC.BC. 66/24.01.002/2002-03 January 31, 2003 The Chairmen/Chief Executives of allCommercial Banks (excluding RRBs and LABs)Dear Sir,Public issue of shares and debentures -Underwriting by merchant banking subsidiariesof commercial banksPlease refer to our circular DBOD.No.FSC.BC.26/C.469-89 dated September 29, 1989, wherein banks/subsidiaries were advised that while taking up underwriting commitments, stand-by facilities and other similar commitments, they sho
જાન્યુ 31, 2003
Export Credit in foreign Currency - Sources of Funds
IECD.No. 12 /04.02.02/2002-03January 31, 2003The Chairmen/ Chief Executivesof all Commercial BanksDear Sir,Export Credit in foreign Currency -Sources of FundsPlease refer to paragraph 1.1.4 and 2.2.5 of our Master Circular on Export Credit in Foreign Currency IECD.No.5/04.02.02/2002-03 dated July 30, 2002.2. With a view to providing further flexibility to banks to source foreign currency funds for granting PCFC/EBR to exporters, it has been decided to permit banks to
IECD.No. 12 /04.02.02/2002-03January 31, 2003The Chairmen/ Chief Executivesof all Commercial BanksDear Sir,Export Credit in foreign Currency -Sources of FundsPlease refer to paragraph 1.1.4 and 2.2.5 of our Master Circular on Export Credit in Foreign Currency IECD.No.5/04.02.02/2002-03 dated July 30, 2002.2. With a view to providing further flexibility to banks to source foreign currency funds for granting PCFC/EBR to exporters, it has been decided to permit banks to
જાન્યુ 29, 2003
Bank financing of equities and investments in shares
Ref No. DBOD. Dir.BC. 63/13.07.05/2002-03January 29, 2003All scheduled commercial banks(excluding RRBs and LABs)Dear Sir,Bank financing of equities and investments in sharesAs you are aware, revised guidelines on bank financing of equities and investments in shares were issued vide circular DBOD.No.BP.BC.119/ 21.04.137/ 2000-2001 dated 11th May 2001. These guidelines were issued to address the risks to banks that could arise on account of inadequacy of margins or the
Ref No. DBOD. Dir.BC. 63/13.07.05/2002-03January 29, 2003All scheduled commercial banks(excluding RRBs and LABs)Dear Sir,Bank financing of equities and investments in sharesAs you are aware, revised guidelines on bank financing of equities and investments in shares were issued vide circular DBOD.No.BP.BC.119/ 21.04.137/ 2000-2001 dated 11th May 2001. These guidelines were issued to address the risks to banks that could arise on account of inadequacy of margins or the
જાન્યુ 29, 2003
Swarnjayanti Gram Swarozgar Yojana (SGSY)- Central Level Coordination Committee (CLCC) meeting held on December 24, 2002 at New Delhi- Implementation of decisions
RPCD.SP.BC. 68 /09.01.01/2002-0329 January 2003The Chairman and Managing DirectorAll Scheduled Commercial Banks(Except RRBs)Dear Sir,Swarnjayanti Gram Swarozgar Yojana (SGSY)- Central Level Coordination Committee (CLCC) meeting held on December 24, 2002 at New Delhi– Implementation of decisionsThe meeting of Central Level Coordination Committee (CLCC) under the Swarnjayanti Gram Swarozgar Yojana (SGSY) was held on December 24, 2002 to review the performance under the
RPCD.SP.BC. 68 /09.01.01/2002-0329 January 2003The Chairman and Managing DirectorAll Scheduled Commercial Banks(Except RRBs)Dear Sir,Swarnjayanti Gram Swarozgar Yojana (SGSY)- Central Level Coordination Committee (CLCC) meeting held on December 24, 2002 at New Delhi– Implementation of decisionsThe meeting of Central Level Coordination Committee (CLCC) under the Swarnjayanti Gram Swarozgar Yojana (SGSY) was held on December 24, 2002 to review the performance under the
જાન્યુ 29, 2003
Revised guidelines for compromise settlement of chronic
Non-Performing Assets (NPAs) of public sector banks
Non-Performing Assets (NPAs) of public sector banks
January 29, 2003DBOD. BP. BC. 65 / 21.04.117/ 2002-2003 Chairmen and Managing Directorsof all Public Sector BanksDear Sir,Revised guidelines for compromise settlement of chronic Non-Performing Assets (NPAs) of public sector banksPlease refer to our circular DBOD.BP.BC.11/21.01.040/99-00 dated 27th July 2000, setting out the guidelines for compromise settlements of chronic NPAs up to Rs.5.00 crore.2. A review of compromise settlements of NPAs through the above scheme h
January 29, 2003DBOD. BP. BC. 65 / 21.04.117/ 2002-2003 Chairmen and Managing Directorsof all Public Sector BanksDear Sir,Revised guidelines for compromise settlement of chronic Non-Performing Assets (NPAs) of public sector banksPlease refer to our circular DBOD.BP.BC.11/21.01.040/99-00 dated 27th July 2000, setting out the guidelines for compromise settlements of chronic NPAs up to Rs.5.00 crore.2. A review of compromise settlements of NPAs through the above scheme h
જાન્યુ 29, 2003
Risk Management Systems in Banks
DBOD.No.BP.BC. 64/21.04.103/2002-03January 29, 2003All Scheduled Commercial Banks(excluding RRBs and LABs)Dear Sir,Risk Management Systems in BanksAs you are aware, the RBI guidelines on asset-liability management in banks were issued vide circular DBOD.No.BP.BC.8/ 21.04.098/ 99 dated February 10, 1999. These guidelines broadly covered management of liquidity and interest rate risks by banks, prescribed the reporting systems for capturing the above two risks and also
DBOD.No.BP.BC. 64/21.04.103/2002-03January 29, 2003All Scheduled Commercial Banks(excluding RRBs and LABs)Dear Sir,Risk Management Systems in BanksAs you are aware, the RBI guidelines on asset-liability management in banks were issued vide circular DBOD.No.BP.BC.8/ 21.04.098/ 99 dated February 10, 1999. These guidelines broadly covered management of liquidity and interest rate risks by banks, prescribed the reporting systems for capturing the above two risks and also
જાન્યુ 24, 2003
Discounting / Rediscounting of Bills by banks
January 24, 2003DBOD.Dir.BC. 62/13.07.09/2002- 03All Scheduled Commercial Banks(excluding RRBs / LABs)Dear Sir,Discounting / Rediscounting of Bills by banksPlease refer to our circular DBOD No. BC. 8/16.13.100/92-93 dated July 27, 1992.2. Banks may be aware that in December 1999, Reserve Bank of India (RBI) had constituted a Working Group on Discounting of Bills by Banks under the Chairmanship of Shri K.R. Ramamoorthy, Chairman, Vysya Bank Ltd. The Working Group had e
January 24, 2003DBOD.Dir.BC. 62/13.07.09/2002- 03All Scheduled Commercial Banks(excluding RRBs / LABs)Dear Sir,Discounting / Rediscounting of Bills by banksPlease refer to our circular DBOD No. BC. 8/16.13.100/92-93 dated July 27, 1992.2. Banks may be aware that in December 1999, Reserve Bank of India (RBI) had constituted a Working Group on Discounting of Bills by Banks under the Chairmanship of Shri K.R. Ramamoorthy, Chairman, Vysya Bank Ltd. The Working Group had e
જાન્યુ 24, 2003
Delhi High Court Order dated 22-1-2003 in
Civil Writ Petition No:460 of 2003 -
World Cup 2003- Remittance of foreign exchange
AP (DIR Series) Circular No. 74 (January 24, 2003 )
Civil Writ Petition No:460 of 2003 -
World Cup 2003- Remittance of foreign exchange
AP (DIR Series) Circular No. 74 (January 24, 2003 )
Reserve Bank of India Exchange Control DepartmentCentral OfficeMumbaiAP (DIR Series) Circular No. 74January 24, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Delhi High Court Order dated 22-1-2003 inCivil Writ Petition No:460 of 2003 - World Cup 2003-Remittance of foreign exchange Attention of the Authorised Dealers is invited to the order dated 22-1-2003 passed by the Hon’ble Delhi High Court in Civil Writ Petition No:460 of 2003. The operative portion
Reserve Bank of India Exchange Control DepartmentCentral OfficeMumbaiAP (DIR Series) Circular No. 74January 24, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Delhi High Court Order dated 22-1-2003 inCivil Writ Petition No:460 of 2003 - World Cup 2003-Remittance of foreign exchange Attention of the Authorised Dealers is invited to the order dated 22-1-2003 passed by the Hon’ble Delhi High Court in Civil Writ Petition No:460 of 2003. The operative portion
જાન્યુ 22, 2003
Credit Cards/Debit Cards/ Smart Cards - Monthly Report
January 22, 2003DIT. No. /03.23.01/2002-2003Dear Sir,Credit Cards/Debit Cards/ Smart Cards - Monthly ReportPlease refer to our circular letter DIT. No. 440 /03.23.01/2002-2003 dated September 9, 2002 on the captioned subject. In this connection, it is observed that you have been sending 'NIL' report as your bank has not issued any such card. In view of this, you are advised to stop submission of 'NIL' report hereafter. 2. However, please note to send monthly reports t
January 22, 2003DIT. No. /03.23.01/2002-2003Dear Sir,Credit Cards/Debit Cards/ Smart Cards - Monthly ReportPlease refer to our circular letter DIT. No. 440 /03.23.01/2002-2003 dated September 9, 2002 on the captioned subject. In this connection, it is observed that you have been sending 'NIL' report as your bank has not issued any such card. In view of this, you are advised to stop submission of 'NIL' report hereafter. 2. However, please note to send monthly reports t
જાન્યુ 20, 2003
Credit Exposure Norms - Measurement of Credit Exposure
of Derivative Products - Methodology for Measurement
of Derivative Products - Methodology for Measurement
January 20, 2003DBS.FID.No.C-12/ 01.02.00/2002-2003 The CEOs of the all-India Term Lending and Refinancing InstitutionsDear Sir,Credit Exposure Norms - Measurement of Credit Exposureof Derivative Products - Methodology for MeasurementPlease refer to paragraph 2 (b) of our circular DBS.FID No. C-26 /01.02.00/ 2000-2001 dated June 20, 2001 regarding the measurement of credit exposures for the purpose of Credit Exposure Norms. It had been stated therein that with effect
January 20, 2003DBS.FID.No.C-12/ 01.02.00/2002-2003 The CEOs of the all-India Term Lending and Refinancing InstitutionsDear Sir,Credit Exposure Norms - Measurement of Credit Exposureof Derivative Products - Methodology for MeasurementPlease refer to paragraph 2 (b) of our circular DBS.FID No. C-26 /01.02.00/ 2000-2001 dated June 20, 2001 regarding the measurement of credit exposures for the purpose of Credit Exposure Norms. It had been stated therein that with effect
જાન્યુ 18, 2003
Lending to Priority Sector
RPCD. CO. Plan. BC 60 / 04.09.09 / 2002-03January 18, 2003The Chief Executive Officer(All Foreign Banks operating in India)Dear SirLending to Priority SectorPlease refer to our circular No. RPCD. Plan. BC.38 / 04.09.09/ 94-95 dated September 22, 1994 advising, inter alia, the rate of interest payable to foreign banks on deposits placed with Small Industries Development Bank of India (SIDBI) to make good the shortfall in achieving the priority sector lending target / s
RPCD. CO. Plan. BC 60 / 04.09.09 / 2002-03January 18, 2003The Chief Executive Officer(All Foreign Banks operating in India)Dear SirLending to Priority SectorPlease refer to our circular No. RPCD. Plan. BC.38 / 04.09.09/ 94-95 dated September 22, 1994 advising, inter alia, the rate of interest payable to foreign banks on deposits placed with Small Industries Development Bank of India (SIDBI) to make good the shortfall in achieving the priority sector lending target / s
જાન્યુ 17, 2003
Report of the Joint Parliamentary Committee
on Stock Market Scam
on Stock Market Scam
January 17, 2003 DBOD. No. Appt. BC. 61/08.139.001/2002-03 The Chairmen & Managing Directorsof all Scheduled Commercial banks(excluding Foreign banks, Regional ruralbanks and Local area banks)Dear Sir,Report of the Joint Parliamentary Committeeon Stock Market ScamAs you are aware, Reserve Bank had issued a circular DBOD.No.BC. 116 /08.139.001 / 2001-2002 dated June 20, 2002 enclosing a copy of Dr.Ganguly Group Report and list of recommendations to be implemented (
January 17, 2003 DBOD. No. Appt. BC. 61/08.139.001/2002-03 The Chairmen & Managing Directorsof all Scheduled Commercial banks(excluding Foreign banks, Regional ruralbanks and Local area banks)Dear Sir,Report of the Joint Parliamentary Committeeon Stock Market ScamAs you are aware, Reserve Bank had issued a circular DBOD.No.BC. 116 /08.139.001 / 2001-2002 dated June 20, 2002 enclosing a copy of Dr.Ganguly Group Report and list of recommendations to be implemented (
જાન્યુ 17, 2003
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India)(First Amendment) Regulations, 2003
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001 Notification No. FEMA 85/2003-RB dated January 17, 2003 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India)(First Amendment) Regulations, 2003 In exercise of the powers conferred by clause(b) of sub-section(3) of Section 6 and Section 47 of the Foreign Exchange Management Act,1999 (42 of 1999) and in partial modification of its Notification No.FEM
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001 Notification No. FEMA 85/2003-RB dated January 17, 2003 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India)(First Amendment) Regulations, 2003 In exercise of the powers conferred by clause(b) of sub-section(3) of Section 6 and Section 47 of the Foreign Exchange Management Act,1999 (42 of 1999) and in partial modification of its Notification No.FEM
જાન્યુ 16, 2003
Trading of Government Securities on Stock Exchanges
DBOD.No.FSC.BC. 60 /24.76.002/2002-03
DBOD.No.FSC.BC. 60 /24.76.002/2002-03
DBOD.No.FSC.BC. 60 /24.76.002/2002-03January 16, 2003The Chairmen/Chief Executives of all Commercial Banks (excluding RRBs and LABs)Dear Sir,Trading of Government Securities on Stock ExchangesWith a view to encouraging wider participation of all classes of investors, including retail, in government securities, it has been decided to introduce trading in government securities through a nation wide anonymous, order driven, screen based trading system of the stock exchan
DBOD.No.FSC.BC. 60 /24.76.002/2002-03January 16, 2003The Chairmen/Chief Executives of all Commercial Banks (excluding RRBs and LABs)Dear Sir,Trading of Government Securities on Stock ExchangesWith a view to encouraging wider participation of all classes of investors, including retail, in government securities, it has been decided to introduce trading in government securities through a nation wide anonymous, order driven, screen based trading system of the stock exchan
જાન્યુ 14, 2003
Trading of Government Securities on Stock Exchanges
IDMC.PDRS.No. 2896 / 03.05.00 /2002-03.
IDMC.PDRS.No. 2896 / 03.05.00 /2002-03.
IDMC.PDRS.No. 2896 / 03.05.00 /2002-03.January 14, 2003.To All Primary Dealers in Government Securities Market.Dear Sir, Trading of Government Securities on Stock ExchangesWith a view to encouraging wider participation of all classes of investors, including retail, in Government Securities, it has been decided to introduce trading in government securities through a nationwide, anonymous, order driven screen based trading system on stock exchanges, in the same manner i
IDMC.PDRS.No. 2896 / 03.05.00 /2002-03.January 14, 2003.To All Primary Dealers in Government Securities Market.Dear Sir, Trading of Government Securities on Stock ExchangesWith a view to encouraging wider participation of all classes of investors, including retail, in Government Securities, it has been decided to introduce trading in government securities through a nationwide, anonymous, order driven screen based trading system on stock exchanges, in the same manner i
જાન્યુ 13, 2003
Daily Return on Reciprocal Line Facility
Ref.No.MPD.BC.229/07.01.279/2002-03January 13, 2003Pausha 23, 1924 (S)To All Scheduled Commercial Banks(excluding Regional Rural Banks)Dear Sir,Daily Return on Reciprocal Line Facility Please refer to our circular No. MPD.BC.225/07.01.279/2002-03 dated November 14, 2002 wherein it was clarified that in order to provide greater flexibility in liquidity management by banks, rupee resources drawn under Reciprocal Line Facility by a foreign bank in India is initially exem
Ref.No.MPD.BC.229/07.01.279/2002-03January 13, 2003Pausha 23, 1924 (S)To All Scheduled Commercial Banks(excluding Regional Rural Banks)Dear Sir,Daily Return on Reciprocal Line Facility Please refer to our circular No. MPD.BC.225/07.01.279/2002-03 dated November 14, 2002 wherein it was clarified that in order to provide greater flexibility in liquidity management by banks, rupee resources drawn under Reciprocal Line Facility by a foreign bank in India is initially exem
જાન્યુ 08, 2003
NBFC - Acceptance of Public Deposits
Reserve Bank of IndiaDepartment of Non-Banking SupervisionCentral OfficeCentre-I, World Trade CentreCuffe Parade, ColabaMumbai - 400 001 Notification No. 164 / CGM(CSM) - 2003 dated January 8 , 2003 The Reserve Bank of India on being satisfied that it is necessary so to do, in exercise of its powers conferred under Section 45 NC of the Reserve Bank of India Act, 1934 (2 of 1934) and of all the powers enabling it in this behalf, in supersession of the Notification No.
Reserve Bank of IndiaDepartment of Non-Banking SupervisionCentral OfficeCentre-I, World Trade CentreCuffe Parade, ColabaMumbai - 400 001 Notification No. 164 / CGM(CSM) - 2003 dated January 8 , 2003 The Reserve Bank of India on being satisfied that it is necessary so to do, in exercise of its powers conferred under Section 45 NC of the Reserve Bank of India Act, 1934 (2 of 1934) and of all the powers enabling it in this behalf, in supersession of the Notification No.
જાન્યુ 02, 2003
Auction of Government of India Dated Security
Ref.No.IDMC.2716 /08.02.30.01/2002-03January 2, 2003 All Scheduled Commercial Banks excluding RRBs/All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers Dear Sirs,Auction of Government of India Dated Security Government of India have offered to sale (re-issue) of "7.38 percent Government Stock 2015" for a notified amount of Rs.5,000 crore (nominal) through a price based auction using multiple pric
Ref.No.IDMC.2716 /08.02.30.01/2002-03January 2, 2003 All Scheduled Commercial Banks excluding RRBs/All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers Dear Sirs,Auction of Government of India Dated Security Government of India have offered to sale (re-issue) of "7.38 percent Government Stock 2015" for a notified amount of Rs.5,000 crore (nominal) through a price based auction using multiple pric
જાન્યુ 02, 2003
Auction for Sale (Re-issue ) of ‘7.38 per cent Government Stock, 2015’
Government of IndiaMinistry of Finance(Department of Economic Affairs)(Budget Division)New Delhi, the January 2, 2002NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.38 per cent Government Stock, 2015’No.4(9)-W&M/2002 : Government of India hereby notifies sale (reissue) of ‘7.38 per cent Government Stock, 2015’ for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific N
Government of IndiaMinistry of Finance(Department of Economic Affairs)(Budget Division)New Delhi, the January 2, 2002NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.38 per cent Government Stock, 2015’No.4(9)-W&M/2002 : Government of India hereby notifies sale (reissue) of ‘7.38 per cent Government Stock, 2015’ for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific N
જાન્યુ 02, 2003
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure I. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount will be within the notified amount.II. Eligibility: Participation on a non-competitive ba
Annexure I. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount will be within the notified amount.II. Eligibility: Participation on a non-competitive ba
ડિસે 31, 2002
Report of the Committee on Computer Audit -
Standardised Checklists for Conducting Computer Audit
Standardised Checklists for Conducting Computer Audit
DBS.FID.No.C-11/01.02.00/2002-03December 31, 2002The CEOs of all-India Term Lending & Refinancing InstitutionsDear Sir, Report of the Committee on Computer Audit – Standardised Checklists for Conducting Computer AuditPursuant to the directions of the Audit Sub-Committee of the Board for Financial Supervision (BFS), a "Committee on Computer Audit" had been constituted in October 2001 under the Chairmanship of the then Chief General Manager-in-Charge, Department of
DBS.FID.No.C-11/01.02.00/2002-03December 31, 2002The CEOs of all-India Term Lending & Refinancing InstitutionsDear Sir, Report of the Committee on Computer Audit – Standardised Checklists for Conducting Computer AuditPursuant to the directions of the Audit Sub-Committee of the Board for Financial Supervision (BFS), a "Committee on Computer Audit" had been constituted in October 2001 under the Chairmanship of the then Chief General Manager-in-Charge, Department of
ડિસે 27, 2002
Risk-based internal audit
DBS.CO.PP.BC . 10 /11.01.005/2002-03December 27, 2002All Scheduled Commercial Banks (Except Regional Rural Banks) Dear Sirs, Risk-based internal audit Please refer to Part II of the discussion paper on `Move towards risk-based supervision of banks' forwarded to you vide letter No. DBS. CO. RBS.58/ 36.01.002/ 2001-02 dated August 13, 2001 wherein five areas of bank level preparation had been identified, which will be significant in facilitating a smooth switchover to r
DBS.CO.PP.BC . 10 /11.01.005/2002-03December 27, 2002All Scheduled Commercial Banks (Except Regional Rural Banks) Dear Sirs, Risk-based internal audit Please refer to Part II of the discussion paper on `Move towards risk-based supervision of banks' forwarded to you vide letter No. DBS. CO. RBS.58/ 36.01.002/ 2001-02 dated August 13, 2001 wherein five areas of bank level preparation had been identified, which will be significant in facilitating a smooth switchover to r
ડિસે 27, 2002
Guidance note on risk-based internal audit
1. Introduction1.1. The evolvement of financial instruments and markets has enabled banks to undertake varied risk exposures. In the context of these developments and the progressive deregulation and liberalisation of the Indian financial sector, having in place effective risk management and internal control systems has become crucial to the conduct of banking business. This is also significant in view of proposed introduction of the New Basel Capital Accord under whi
1. Introduction1.1. The evolvement of financial instruments and markets has enabled banks to undertake varied risk exposures. In the context of these developments and the progressive deregulation and liberalisation of the Indian financial sector, having in place effective risk management and internal control systems has become crucial to the conduct of banking business. This is also significant in view of proposed introduction of the New Basel Capital Accord under whi
ડિસે 27, 2002
Relief measures by banks in areas affected by drought- One time
waiver of interest on Kharif crop loans
waiver of interest on Kharif crop loans
RPCD.NO.PLFS.BC./ 56 / 05.04.02(DROUGHT)/2002-2003December 27, 2002All Scheduled Commercial Banks(excluding RRBs)Dear Sir,Relief measures by banksin areas affected by drought-One time waiver of interest on Kharif crop loansPlease refer to our circular RPCD. NO. PLFS. BC./ 46 / 05.04.02 (DROUGHT) /2002-2003 dated November 15, 2002 regarding guidelines for relief measures by banks in the districts notified by the State Governments as drought affected.2. Banks were advis
RPCD.NO.PLFS.BC./ 56 / 05.04.02(DROUGHT)/2002-2003December 27, 2002All Scheduled Commercial Banks(excluding RRBs)Dear Sir,Relief measures by banksin areas affected by drought-One time waiver of interest on Kharif crop loansPlease refer to our circular RPCD. NO. PLFS. BC./ 46 / 05.04.02 (DROUGHT) /2002-2003 dated November 15, 2002 regarding guidelines for relief measures by banks in the districts notified by the State Governments as drought affected.2. Banks were advis
ડિસે 27, 2002
Section 42(1) of the Reserve Bank of India Act,
1934 - Relaxation in Daily Minimum Cash Reserve
Maintenance Requirement
1934 - Relaxation in Daily Minimum Cash Reserve
Maintenance Requirement
DBOD.No.Ret.BC.54/12.01.001/2002-03 December 27, 2002Pausha 6, 1924 (saka)To All Scheduled Commercial Banks (Excluding Regional Rural Banks and Local Area Banks)Dear Sir,Section 42(1) of the Reserve Bank of India Act, 1934 - Relaxation in Daily Minimum Cash Reserve Maintenance RequirementPlease refer to para 1(b) of our circular DBOD No. BC.35/12.01.001/2002-03 dated October 29, 2002 on the above subject.2. As mentioned therein, presently banks are required to maintai
DBOD.No.Ret.BC.54/12.01.001/2002-03 December 27, 2002Pausha 6, 1924 (saka)To All Scheduled Commercial Banks (Excluding Regional Rural Banks and Local Area Banks)Dear Sir,Section 42(1) of the Reserve Bank of India Act, 1934 - Relaxation in Daily Minimum Cash Reserve Maintenance RequirementPlease refer to para 1(b) of our circular DBOD No. BC.35/12.01.001/2002-03 dated October 29, 2002 on the above subject.2. As mentioned therein, presently banks are required to maintai
ડિસે 26, 2002
Trading of Government Securities on the Stock Exchanges
Draft Scheme for comments[ObjectiveWith a view to encouraging wider participation of all classes of investors, including retail, across the country in government securities, the Government, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI) propose to introduce trading in government securities through a nation wide, anonymous, order driven, screen based trading system of the stock exchanges, in the same manner in which trading takes
Draft Scheme for comments[ObjectiveWith a view to encouraging wider participation of all classes of investors, including retail, across the country in government securities, the Government, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI) propose to introduce trading in government securities through a nation wide, anonymous, order driven, screen based trading system of the stock exchanges, in the same manner in which trading takes
ડિસે 26, 2002
Minimum balance in savings bank accounts
Ref No. DBOD. Dir. BC. 53/13.10.00/2002-03December 26, 2002All Commercial Banks (excluding RRBs and LABs)Dear Sir,Minimum balance in savings bank accountsReserve Bank of India has not issued any guidelines regarding the minimum balance to be maintained in savings bank accounts. The banks have been prescribing the minimum balance to be maintained taking into consideration the cost involved in maintaining and servicing such accounts and also levying specific charges, if
Ref No. DBOD. Dir. BC. 53/13.10.00/2002-03December 26, 2002All Commercial Banks (excluding RRBs and LABs)Dear Sir,Minimum balance in savings bank accountsReserve Bank of India has not issued any guidelines regarding the minimum balance to be maintained in savings bank accounts. The banks have been prescribing the minimum balance to be maintained taking into consideration the cost involved in maintaining and servicing such accounts and also levying specific charges, if
ડિસે 21, 2002
Prompt Corrective Action (PCA)
December 21, 2002 DBS.CO.PP.BC.9/11.01.005 / 2002-03All Scheduled Commercial Banks (excluding RRBs) Dear Sir,Prompt Corrective Action (PCA)Please refer to our letter No.DBS.CO.PPD.349/11.01.039/2000-01 dated March 30, 2001 seeking your comments on the proposed scheme of Prompt Corrective Action.2. Taking into consideration the suggestions received from the bankers and others, the scheme has been finalized with the approval of the Board for Financial Supervision (BFS)
December 21, 2002 DBS.CO.PP.BC.9/11.01.005 / 2002-03All Scheduled Commercial Banks (excluding RRBs) Dear Sir,Prompt Corrective Action (PCA)Please refer to our letter No.DBS.CO.PPD.349/11.01.039/2000-01 dated March 30, 2001 seeking your comments on the proposed scheme of Prompt Corrective Action.2. Taking into consideration the suggestions received from the bankers and others, the scheme has been finalized with the approval of the Board for Financial Supervision (BFS)
ડિસે 21, 2002
Connected Lending by the select all-India Financial Institutions (FIs)
Ref. DBS.FID No.C-10/ 01.02.00 / 2002- 03December 21, 2002The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir,Connected Lending by the select all-India Financial Institutions (FIs)The matter of "connected lending" by the Financial Institutions (FIs) had been under our consideration. In consultation with the Government of India, it has now been decided to issue the following guidelines to the FIs in regard to the connected lending. Credit facilities
Ref. DBS.FID No.C-10/ 01.02.00 / 2002- 03December 21, 2002The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir,Connected Lending by the select all-India Financial Institutions (FIs)The matter of "connected lending" by the Financial Institutions (FIs) had been under our consideration. In consultation with the Government of India, it has now been decided to issue the following guidelines to the FIs in regard to the connected lending. Credit facilities
ડિસે 20, 2002
Levying of service charges and inspection charges
by banks in respect of priority sector loans
by banks in respect of priority sector loans
RPCD. Plan. BC.53 / 04.09.01/ 2002-0320 December 2002The Chairman/ Managing Director/Chief Executive Officer All Scheduled Commercial Banks(excluding RRBs)Dear Sir/ Madam,Levying of service charges and inspection charges by banks in respect of priority sector loansIn terms of the guidelines on lending to priority sector issued to banks (as reproduced in the Master Circular on Lending to Priority Sector dated 11 November 2002), no service charges are to be levied on pr
RPCD. Plan. BC.53 / 04.09.01/ 2002-0320 December 2002The Chairman/ Managing Director/Chief Executive Officer All Scheduled Commercial Banks(excluding RRBs)Dear Sir/ Madam,Levying of service charges and inspection charges by banks in respect of priority sector loansIn terms of the guidelines on lending to priority sector issued to banks (as reproduced in the Master Circular on Lending to Priority Sector dated 11 November 2002), no service charges are to be levied on pr
ડિસે 19, 2002
Fair Practices Code on Lenders' Liability
Ref.DBOD.No.Leg.BC. /09.07.007 / 2002-03December 2002All Scheduled Commercial Banks/All India Financial Institutions(excluding RRBs and LABs)Dear Sir,Fair Practices Code on Lenders' LiabilityWe advise that on the basis of the recommendations of the Working Group on Lenders’ Liability Laws constituted by the Government of India to study legislative proposals suitable for Indian conditions, we have examined the feasibility of introducing the Fair Practices Code on lende
Ref.DBOD.No.Leg.BC. /09.07.007 / 2002-03December 2002All Scheduled Commercial Banks/All India Financial Institutions(excluding RRBs and LABs)Dear Sir,Fair Practices Code on Lenders' LiabilityWe advise that on the basis of the recommendations of the Working Group on Lenders’ Liability Laws constituted by the Government of India to study legislative proposals suitable for Indian conditions, we have examined the feasibility of introducing the Fair Practices Code on lende
ડિસે 19, 2002
Standardised Checklists for conducting Computer Audit -
Report of the Committee on Computer Audit
Report of the Committee on Computer Audit
Dated 19th December 2002To Chairmen & Managing Director / Chief Executive OfficersAll Scheduled Commercial Banks (excl. RRBs)Dear Sir,Standardised Checklists for conducting Computer Audit – Report of the Committee on Computer AuditTechnology adoption by Banks and Financial Institutions (FIs) has increased significantly in recent times to the extent that financial services sector is seen as the major driver for technological innovation. This has led technology to m
Dated 19th December 2002To Chairmen & Managing Director / Chief Executive OfficersAll Scheduled Commercial Banks (excl. RRBs)Dear Sir,Standardised Checklists for conducting Computer Audit – Report of the Committee on Computer AuditTechnology adoption by Banks and Financial Institutions (FIs) has increased significantly in recent times to the extent that financial services sector is seen as the major driver for technological innovation. This has led technology to m
ડિસે 18, 2002
Draft of the directions proposed to be issued to
Securitisation Companies / Reconstruction Companies
in the matter of asset reconstruction and matters related thereto
Securitisation Companies / Reconstruction Companies
in the matter of asset reconstruction and matters related thereto
Reserve Bank of IndiaDepartment of Non-Banking Financial CompaniesCentral OfficeWorld Trade Centre, MumbaiThe Securitisation Companies/ ReconstructionCompanies (Reserve Bank) Directions, 2002The Reserve Bank of India, having considered it necessary in the public interest, and being satisfied that, for the purpose of enabling the Bank to regulate the financial system to the advantage of the country and to prevent the affairs of any securitisation company or reconstruct
Reserve Bank of IndiaDepartment of Non-Banking Financial CompaniesCentral OfficeWorld Trade Centre, MumbaiThe Securitisation Companies/ ReconstructionCompanies (Reserve Bank) Directions, 2002The Reserve Bank of India, having considered it necessary in the public interest, and being satisfied that, for the purpose of enabling the Bank to regulate the financial system to the advantage of the country and to prevent the affairs of any securitisation company or reconstruct
ડિસે 18, 2002
Draft of the directions on prudential norms proposed to be issued by the Reserve Bank of India to Securitisation Companies / Reconstruction Companies
Reserve Bank of IndiaDepartment of Non-Banking SupervisionCentral OfficeWorld Trade Centre, MumbaiThe Securitisation Companies/ Reconstruction CompaniesPrudential Norms (Reserve Bank) Directions, 2002The Reserve Bank of India, having considered it necessary in the public interest, and being satisfied that, for the purpose of enabling the Bank to regulate the financial system to the advantage of the country and to prevent the affairs of any Securitisation Company/Recon
Reserve Bank of IndiaDepartment of Non-Banking SupervisionCentral OfficeWorld Trade Centre, MumbaiThe Securitisation Companies/ Reconstruction CompaniesPrudential Norms (Reserve Bank) Directions, 2002The Reserve Bank of India, having considered it necessary in the public interest, and being satisfied that, for the purpose of enabling the Bank to regulate the financial system to the advantage of the country and to prevent the affairs of any Securitisation Company/Recon
ડિસે 18, 2002
Draft of the General Guidelines for Securitisation Companies / Reconstruction Companies proposed to be issued by the Reserve Bank of India
To,All Registered Securitisation Companies/ Reconstruction CompaniesDear Sir,General Guidelines for Securitisation Companies / Reconstruction CompaniesAs you are aware, the Government of India has promulgated ‘The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Ordinance, 2002, which came into effect from June 21, 2002. The Ordinance, which has since been passed by both the houses of the Parliament is awaiting Presidential as
To,All Registered Securitisation Companies/ Reconstruction CompaniesDear Sir,General Guidelines for Securitisation Companies / Reconstruction CompaniesAs you are aware, the Government of India has promulgated ‘The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Ordinance, 2002, which came into effect from June 21, 2002. The Ordinance, which has since been passed by both the houses of the Parliament is awaiting Presidential as
ડિસે 14, 2002
Opening of saving bank accounts in
the name of certain bodies / organizations
the name of certain bodies / organizations
December 14, 2002Ref No. DBOD. Dir. BC. 51/13.03.00/2002-03All Commercial Banks(excluding RRBs and LABs)Dear Sir,Opening of saving bank accounts inthe name of certain bodies / organizationsPlease refer to paragraph 2 of our Circular DBOD No. Dir. BC. 35/13.03.00/2000-01 dated October 17, 2000, permitting banks to open savings bank accounts in the name of Government departments/bodies/agencies in respect of grants/ subsidies released for implementation of various progr
December 14, 2002Ref No. DBOD. Dir. BC. 51/13.03.00/2002-03All Commercial Banks(excluding RRBs and LABs)Dear Sir,Opening of saving bank accounts inthe name of certain bodies / organizationsPlease refer to paragraph 2 of our Circular DBOD No. Dir. BC. 35/13.03.00/2000-01 dated October 17, 2000, permitting banks to open savings bank accounts in the name of Government departments/bodies/agencies in respect of grants/ subsidies released for implementation of various progr
ડિસે 13, 2002
Measurement of Credit Exposure of Derivative Products
DBOD.No.BP.BC. 48 /21.03.054/2002-2003
DBOD.No.BP.BC. 48 /21.03.054/2002-2003
DBOD.No.BP.BC. 48 /21.03.054/2002-2003December 13, 2002All Scheduled Commercial Banks (excluding RRBs and LABs)Dear Sir,Measurement of Credit Exposure of Derivative ProductsPlease refer to paragraph B.2 our circular DBOD.No.BP.BC.116/21.04.048/ 2000-2001 dated May 2, 2001 on credit exposure to individual / group borrowers. It was mentioned therein that at present, derivative products such as forward Rate Agreements (FRAs) and Interest Rate Swaps (IRSs) are captured fo
DBOD.No.BP.BC. 48 /21.03.054/2002-2003December 13, 2002All Scheduled Commercial Banks (excluding RRBs and LABs)Dear Sir,Measurement of Credit Exposure of Derivative ProductsPlease refer to paragraph B.2 our circular DBOD.No.BP.BC.116/21.04.048/ 2000-2001 dated May 2, 2001 on credit exposure to individual / group borrowers. It was mentioned therein that at present, derivative products such as forward Rate Agreements (FRAs) and Interest Rate Swaps (IRSs) are captured fo
ડિસે 11, 2002
Reliance on Call/Notice Money Market: Prudential Norm
REF:No.MPD.226/ 07.01.279/2002-03 December 11, 2002Agrahayana 20, 1924 (S)To All Scheduled Commercial Banks (excluding Regional Rural Banks)Dear Sir,Reliance on Call/Notice Money Market: Prudential NormPlease refer to MPD circular no. 217/07.01.279/2001-02 dated June 27, 2002 wherein prudential limits on the exposure of commercial banks in call/notice money market were stipulated in two stages. The first stage of prudential limits on the exposure of commercial banks i
REF:No.MPD.226/ 07.01.279/2002-03 December 11, 2002Agrahayana 20, 1924 (S)To All Scheduled Commercial Banks (excluding Regional Rural Banks)Dear Sir,Reliance on Call/Notice Money Market: Prudential NormPlease refer to MPD circular no. 217/07.01.279/2001-02 dated June 27, 2002 wherein prudential limits on the exposure of commercial banks in call/notice money market were stipulated in two stages. The first stage of prudential limits on the exposure of commercial banks i
ડિસે 04, 2002
Maximum limit on Advances - Advances to Directors
and their relatives and to concerns in which Directors
or their relatives are interested
and their relatives and to concerns in which Directors
or their relatives are interested
December 4, 2002Ref.No.UBD.DS.Cir. 27 /13.05.00/2002-03 The Chief Executive Officers of All Primary (Urban) Co-operative BanksDear Sir/Madam,Maximum limit on Advances – Advancesto Directors and their relatives and to concernsin which Directors or their relatives are interestedPlease refer to our Circular DS.PCB.Cir.76/13.05.00/ 1993-94 dated 26 May 1994 on the captioned subject. As per the instructions contained therein, a primary (urban) co-operative bank may not gra
December 4, 2002Ref.No.UBD.DS.Cir. 27 /13.05.00/2002-03 The Chief Executive Officers of All Primary (Urban) Co-operative BanksDear Sir/Madam,Maximum limit on Advances – Advancesto Directors and their relatives and to concernsin which Directors or their relatives are interestedPlease refer to our Circular DS.PCB.Cir.76/13.05.00/ 1993-94 dated 26 May 1994 on the captioned subject. As per the instructions contained therein, a primary (urban) co-operative bank may not gra
ડિસે 02, 2002
Indian Direct Investment in SAARC Countries and Myanmar
A. P. (DIR Series) Circular No.58 (December 2, 2002)
A. P. (DIR Series) Circular No.58 (December 2, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral Office Mumbai 400 001December 2, 2002A. P. (DIR Series) Circular No.58 ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Indian Direct Investment in SAARC Countries and Myanmar Attention of authorised dealers is invited to the Sub-Regulation 2(i) and (ii) of Regulation 6 of the Reserve Bank Notification No. FEMA 19/RB-2000 dated May 3, 2000 as amended from time to time.2. As a part of further liberalisatio
Reserve Bank of IndiaExchange Control DepartmentCentral Office Mumbai 400 001December 2, 2002A. P. (DIR Series) Circular No.58 ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Indian Direct Investment in SAARC Countries and Myanmar Attention of authorised dealers is invited to the Sub-Regulation 2(i) and (ii) of Regulation 6 of the Reserve Bank Notification No. FEMA 19/RB-2000 dated May 3, 2000 as amended from time to time.2. As a part of further liberalisatio
ડિસે 02, 2002
Auction of Government of India Dated Security
Ref.No.IDMC. 2297/08.02.30.01/2002-03December 2, 2002All Scheduled Commercial Banks excluding RRBs/All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers Dear Sirs,Auction of Government of India Dated Security Government of India have offered to sale (re-issue) of "8.35 percent Government Stock 2022" for a notified amount of Rs.5,000 crore (nominal) through a price based auction using multiple pric
Ref.No.IDMC. 2297/08.02.30.01/2002-03December 2, 2002All Scheduled Commercial Banks excluding RRBs/All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers Dear Sirs,Auction of Government of India Dated Security Government of India have offered to sale (re-issue) of "8.35 percent Government Stock 2022" for a notified amount of Rs.5,000 crore (nominal) through a price based auction using multiple pric
ડિસે 02, 2002
Auction for Sale (Re-issue ) of ‘8.35 per cent Government Stock, 2022’
Government of IndiaMinistry of Finance(Department of Economic Affairs)(Budget Division)New Delhi, the December 2, 2002NOTIFICATIONAuction for Sale (Re-issue ) of ‘8.35 per cent Government Stock, 2022’No.4(9)-W&M/2002 : Government of India hereby notifies sale (reissue) of ’8.35 per cent Government Stock, 2022’ for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific
Government of IndiaMinistry of Finance(Department of Economic Affairs)(Budget Division)New Delhi, the December 2, 2002NOTIFICATIONAuction for Sale (Re-issue ) of ‘8.35 per cent Government Stock, 2022’No.4(9)-W&M/2002 : Government of India hereby notifies sale (reissue) of ’8.35 per cent Government Stock, 2022’ for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific
રિઝર્વ બેંક ઑફ ઇન્ડિયા મોબાઇલ એપ્લિકેશન ઇન્સ્ટૉલ કરો અને લેટેસ્ટ ન્યૂઝનો ઝડપી ઍક્સેસ મેળવો!
અમારી એપ ઇન્સ્ટોલ કરવા માટે QR કોડ સ્કેન કરો.
પેજની છેલ્લી અપડેટની તારીખ:
પેજની છેલ્લી અપડેટની તારીખ: જૂન 20, 2025
