Regulating Commercial Banking

RBI/2008-09/422 DBOD.No.Dir.BC. 119 /13.03.00/2008-2009 @@NBSP@@ March 30, 2009 @@NBSP@@ All Scheduled Commercial Banks (excluding RRBs) @@NBSP@@ Dear Sir @@NBSP@@ Banks’ Exposure to Capital Market – Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs) @@NBSP@@ Please refer to our circular No.DBOD.Dir.BC.98/13.03.00/2008-2009 dated December 12, 2008, in terms of which the transition period allowed to banks to comply with the requ

RBI/ 2008-09/408 UBD.PCB.Cir. No. 55/09.14.000/2008-09 March 9, 2009 The Chief Executive Officer of all Primary (Urban) Co-operative Banks West Bengal Dear Sir/Madam, Guidelines for Relief Measures by Banks to Poultry Units in West Bengal Please refer to our circular UBD.PCB.Cir.No.34/09.14.000/07-08 dated March 3, 2008 wherein certain relief measures were announced for the Poultry Industry. 2. In addition to the above relief measures, it has now been decided by Gover

Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for purchase of “6.30 percent Government Stock, 2023” for an aggregate amount of Rs. 1000 crore under OMO Auction to be held on March 5, 2009. Pursuant to Reserve Bank of India press release dated March 4, 2009, I/we, the undersigned hereby offer for sale “6.30 percent Government Stock, 2023”, at the auction to be held by y

RBI 2008-09/401 DBOD.No.BP.BC. 112 /21.04.048/2008-09 March 5, 2009 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (including Local Area Banks) (Excluding RRBs) Dear Sir Union Budget 2008-09 – Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy Please refer to our circular DBOD.No.BP.BC.26/21.04.048/2008-09 dated July 30 2008, and DBOD.No.BP.BC.78/21.04.04

RBI/2008-2009/382 UBD.PCB.No. 49 @@NBSP@@/13.05.000/2008-09 February 12 , 2009 The Chief Executive Officers of All Primary Urban Co-operative Banks (As per List) @@NBSP@@ @@NBSP@@Dear Sir / Madam, @@NBSP@@ Lending under Consortium Arrangement / Multiple Banking Arrangements @@NBSP@@ Please refer to our circular RBI/2008-09/354/UBD.PCB.No.36/13.05.000/2008-09 dated January 21, 2009 on the captioned subject. 2. In terms of Paragraph 2(iii) of the above circular, in orde

RBI/2008-2009/379 @@NBSP@@ DBOD.No. BP.BC.110/08.12.001/2008-09 February 10, 2009 @@NBSP@@ The Chairman & Managing Directors / Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs and LABs) @@NBSP@@ Dear Sir, @@NBSP@@ Lending under Consortium Arrangement / Multiple Banking Arrangements @@NBSP@@ Please refer to Paragraph 2(iii) of our circular RBI/2008-09/183/DBOD.No.BP.BC.46 /08.12 .001/2008-09@@NBSP@@dated September 19, 2008 on the captioned

RBI/2008-09/375 DBOD. Ret. BC.@@NBSP@@ 108 /12.01.001/2008-09 February 05, 2009 @@NBSP@@ All Scheduled Commercial Banks @@NBSP@@ @@NBSP@@ Dear Sir, @@NBSP@@ @@NBSP@@ Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934-American Express Banking Corp. @@NBSP@@ We advise that the name of “American Express Banking Corp.” has been included in the Second Schedule to the Reserve Bank of India Act,1934 by notification DBOD IBD.No.8739/23.03.018/2008-09 date

RBI/2008-09/376 DBOD.BP.BC.No.109/21.06.001/2008-09 February 5, 2009 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Introduction of Advanced Approaches of Basel II Framework in India – Draft Time Schedule Please refer to our circular DBOD.No.BP.BC.90/20.06.001/2006-07 dated April 27, 2007 on the New Capital Adequacy Framework in terms of which the foreign banks operating in India and

RBI/2008-09/374 @@NBSP@@ DBOD.DIR.(Exp).No.107/04.02.001/2008-09 February 5, 2009 @@NBSP@@ All Commercial Banks @@NBSP@@ Dear Sir/Madam, @@NBSP@@ Interest Rates on Export Credit in Foreign Currency @@NBSP@@ Please refer to our circular DBOD.DIR.(Exp).No.78/04.02.01/2005-06 dated April 18,2006 as also paragraph 7 of master circular on Rupee / Foreign Currency Export Credit dated July 1, 2008 relating to export credit in foreign currency. 2. It has been decided in consu

Notification No. FEMA 186 / 2009 - RB February 3, 2009 Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) @@NBSP@@(Amendment) Regulations, 2009 In exercise of the powers conferred by clause (1) of sub-section (3) of Section 6, and sub section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the following amendments in the Foreign Exchange Management (Acquisition and T