IST,
തിരയുക
errorSearch
rbi.page.title.1
rbi.page.title.2
Notifications
മേയ് 11, 2012
Review of Service Charges for Cheque Collection - Outstation and Speed Clearing
RBI/2011-12/560DPSS.CO.CHD.No. / 2080 / 03.01.03 / 2011-12 May 11, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / UCBs / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Review of Service Charges for Cheque Collection – Outstation and Speed Clearing Please refer to our circulars DPSS.CO.No.611 / 03.01.03(P) / 2008-09 dated October 8, 2008 and DPSS.CO.No
RBI/2011-12/560DPSS.CO.CHD.No. / 2080 / 03.01.03 / 2011-12 May 11, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / UCBs / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Review of Service Charges for Cheque Collection – Outstation and Speed Clearing Please refer to our circulars DPSS.CO.No.611 / 03.01.03(P) / 2008-09 dated October 8, 2008 and DPSS.CO.No
പിഡിഎഫ് (
മേയ് 10, 2012
Transfer of Borrowal Accounts from One Bank to Another
RBI/2011-12/551 DBOD.No.BP.BC-104/21.04.048/2011-12 May 10, 2012 The Chairman and Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks Dear Sir, Transfer of Borrowal Accounts from One Bank to Another Please refer to our circular IECD.No.20/08.12.01/97-98 dated December 2, 1997, in terms of which banks were advised to incorporate the necessary safeguards to be observed in the case of transfer of borrowal accounts from one bank to another as a pa
RBI/2011-12/551 DBOD.No.BP.BC-104/21.04.048/2011-12 May 10, 2012 The Chairman and Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks Dear Sir, Transfer of Borrowal Accounts from One Bank to Another Please refer to our circular IECD.No.20/08.12.01/97-98 dated December 2, 1997, in terms of which banks were advised to incorporate the necessary safeguards to be observed in the case of transfer of borrowal accounts from one bank to another as a pa
മേയ് 10, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2011-12/550 DBOD. AML.No.16849 /14.06.001/2011-12 May 10, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML No. 16590/14.06.001/2011-12 dated May 7, 2012. We have since received from Government of India, Ministry o
RBI/2011-12/550 DBOD. AML.No.16849 /14.06.001/2011-12 May 10, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML No. 16590/14.06.001/2011-12 dated May 7, 2012. We have since received from Government of India, Ministry o
മേയ് 08, 2012
Foreign investment in Commodity Exchanges and NBFC Sector - Amendment to the FDI Scheme
RBI/2011-12/542 A. P. (DIR Series) Circular No.121 May 08, 2012 To @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ All Category-I Authorised Dealer Banks Madam / Sir, Foreign investment in Commodity Exchanges and NBFC Sector - Amendment to the Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to Schedule 1 to the Foreign Exchange Manage
RBI/2011-12/542 A. P. (DIR Series) Circular No.121 May 08, 2012 To @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ All Category-I Authorised Dealer Banks Madam / Sir, Foreign investment in Commodity Exchanges and NBFC Sector - Amendment to the Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to Schedule 1 to the Foreign Exchange Manage
മേയ് 07, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2011-12/538 DBOD. AML. No. 16590/14.06.001/2011-12 May 7, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@ @@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML No. 15434/14.06.001/2011-12 dated April 16, 2012. We have since received from Government o
RBI/2011-12/538 DBOD. AML. No. 16590/14.06.001/2011-12 May 7, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@ @@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML No. 15434/14.06.001/2011-12 dated April 16, 2012. We have since received from Government o
മേയ് 07, 2012
Revisions to the Guidelines on Securitisation Transactions
RBI/2011-12/540 DBOD.No.BP.BC-103/21.04.177/2011-12 May 07, 2012 The Chairman and Managing Director / Chief Executive Officer of All Scheduled Commercial Banks (Excluding RRBs and Local Area Banks) and All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Revisions to the Guidelines on Securitisation Transactions Please refer to the paragraph 107 (extract enclosed) of the Monetary Policy Statement@@NBSP@@ 2012-13 announced on
RBI/2011-12/540 DBOD.No.BP.BC-103/21.04.177/2011-12 May 07, 2012 The Chairman and Managing Director / Chief Executive Officer of All Scheduled Commercial Banks (Excluding RRBs and Local Area Banks) and All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Revisions to the Guidelines on Securitisation Transactions Please refer to the paragraph 107 (extract enclosed) of the Monetary Policy Statement@@NBSP@@ 2012-13 announced on
മേയ് 04, 2012
Interest Rates on FCNR(B) Deposits
RBI/2011-12/535 DBOD.Dir.BC. 102/13.03.00/2011-12 May 4, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Interest Rates on FCNR(B) Deposits Please refer to paragraph 2 of our circular No.DBOD.Dir.BC.59/13.03.00/2011-12 dated November 23, 2011 on Interest Rates on Deposits held in FCNR(B) Accounts. In view of the prevailing market conditions, it has been decided that until further notice and with effect from the close of business in India as on May
RBI/2011-12/535 DBOD.Dir.BC. 102/13.03.00/2011-12 May 4, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Interest Rates on FCNR(B) Deposits Please refer to paragraph 2 of our circular No.DBOD.Dir.BC.59/13.03.00/2011-12 dated November 23, 2011 on Interest Rates on Deposits held in FCNR(B) Accounts. In view of the prevailing market conditions, it has been decided that until further notice and with effect from the close of business in India as on May
മേയ് 04, 2012
Deregulation of Interest Rates on Export Credit in Foreign Currency
RBI/2011-12/534 DBOD.DIR.No.100/04.02.001/2011-12 May 4, 2012 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam, Deregulation of Interest Rates on Export Credit in Foreign Currency Please refer to our circulars DBOD. DIR. No. 52/04.02.001/2011-12 dated November 15, 2011 and DBOD. DIR. No. 91/04.02.001/2011-12 dated March 30, 2012 relating to interest rates on export credit in foreign currency. 2. With a view to increasing the availability of funds to ex
RBI/2011-12/534 DBOD.DIR.No.100/04.02.001/2011-12 May 4, 2012 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam, Deregulation of Interest Rates on Export Credit in Foreign Currency Please refer to our circulars DBOD. DIR. No. 52/04.02.001/2011-12 dated November 15, 2011 and DBOD. DIR. No. 91/04.02.001/2011-12 dated March 30, 2012 relating to interest rates on export credit in foreign currency. 2. With a view to increasing the availability of funds to ex
മേയ് 02, 2012
Guidelines on Implementation of Basel III Capital Regulations in India
RBI/2011-12/530 DBOD.No.BP.BC.98 /21.06.201/2011-12 May 2, 2012 The Chairman and Managing Directors/ Chief Executives Officers of All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam / Dear Sir, Guidelines on Implementation of Basel III Capital Regulations in India Please refer to the paragraph 90 (extract enclosed) of the Monetary Policy Statement 2012-13 announced on April 17, 2012. It was indicated that the final guidelines on
RBI/2011-12/530 DBOD.No.BP.BC.98 /21.06.201/2011-12 May 2, 2012 The Chairman and Managing Directors/ Chief Executives Officers of All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam / Dear Sir, Guidelines on Implementation of Basel III Capital Regulations in India Please refer to the paragraph 90 (extract enclosed) of the Monetary Policy Statement 2012-13 announced on April 17, 2012. It was indicated that the final guidelines on
ഏപ്രി 27, 2012
Intra-bank Deposit Accounts Portability
RBI/2011-12/528 DBOD.AML. BC. No. 97/14.01.001/2011-12 April 27, 2012 The Chairmen/Chief Executive Officers, All Scheduled Commercial Banks (excluding RRBs)/Local Area Banks Dear Sir, Intra-bank Deposit Accounts Portability It has been brought to our notice that some banks are insisting on opening of fresh accounts by customers when customers approach them for transferring their account from one branch of the bank to another branch of the same bank. Such insistence on
RBI/2011-12/528 DBOD.AML. BC. No. 97/14.01.001/2011-12 April 27, 2012 The Chairmen/Chief Executive Officers, All Scheduled Commercial Banks (excluding RRBs)/Local Area Banks Dear Sir, Intra-bank Deposit Accounts Portability It has been brought to our notice that some banks are insisting on opening of fresh accounts by customers when customers approach them for transferring their account from one branch of the bank to another branch of the same bank. Such insistence on
ഏപ്രി 26, 2012
Bank Rate
RBI/2011-12/526 UBD.BPD.(PCB).Cir.No. 32/16.11.00/2011-12 April 26, 2012 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/Dear Sir, Bank Rate Please refer to our circular UBD.BPD.(PCB).Cir.No.26/16.11.00/2011-12 dated March 7, 2012 on the captioned subject. As announced in the Monetary Policy Statement 2012-13, the Bank Rate stands adjusted by 50 basis points from 9.50 per cent to 9.00 per cent with effect from April 17, 2012. 2. All penal inte
RBI/2011-12/526 UBD.BPD.(PCB).Cir.No. 32/16.11.00/2011-12 April 26, 2012 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam/Dear Sir, Bank Rate Please refer to our circular UBD.BPD.(PCB).Cir.No.26/16.11.00/2011-12 dated March 7, 2012 on the captioned subject. As announced in the Monetary Policy Statement 2012-13, the Bank Rate stands adjusted by 50 basis points from 9.50 per cent to 9.00 per cent with effect from April 17, 2012. 2. All penal inte
ഏപ്രി 26, 2012
Monetary Policy Statement 2012-13 - Exposure to Housing, Real Estate and Commercial Real Estate - Primary (Urban) Co-operative Banks
RBI/2011-12/525 UBD.BPD. (PCB). Cir. No.31/13.05.000/2011-12 April 26, 2012 The Chief Executive Officer, All Primary (Urban) Co-operative Banks. Madam / Dear Sir, Monetary Policy Statement 2012-13 - Exposure to Housing, Real Estate and Commercial Real Estate - Primary (Urban) Co-operative Banks Please refer to our Circular UBD.BPD.(PCB). Cir. No.47/13.05.000/2010-11 dated May 11, 2011, on the above subject, advising UCBs that their exposure to housing, real estate and
RBI/2011-12/525 UBD.BPD. (PCB). Cir. No.31/13.05.000/2011-12 April 26, 2012 The Chief Executive Officer, All Primary (Urban) Co-operative Banks. Madam / Dear Sir, Monetary Policy Statement 2012-13 - Exposure to Housing, Real Estate and Commercial Real Estate - Primary (Urban) Co-operative Banks Please refer to our Circular UBD.BPD.(PCB). Cir. No.47/13.05.000/2010-11 dated May 11, 2011, on the above subject, advising UCBs that their exposure to housing, real estate and
ഏപ്രി 20, 2012
Anti-Money Laundering/Combating Financing of Terrorism - Standards - UCBs
RBI/2011-12/521 UBD.BPD (AD) Cir.No. 6/14.01.062/2011-12 April 20, 2012 The Chief Executive Officer of 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.CO.BPD (AD) Cir.No.5/14.01.062/2011-12 dated February 23, 2012 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2.
RBI/2011-12/521 UBD.BPD (AD) Cir.No. 6/14.01.062/2011-12 April 20, 2012 The Chief Executive Officer of 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.CO.BPD (AD) Cir.No.5/14.01.062/2011-12 dated February 23, 2012 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2.
ഏപ്രി 20, 2012
Printing of MICR Code and IFSC Code on Passbook/Statement of Account
RBI/2011-12/516 DPSS (CO) RTGS No. 1934/04.04.002/2011-12 April 20, 2012 The Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS, NEFT and NECS Dear Sir/Madam, Printing of MICR Code and IFSC Code on Passbook/Statement of Account As you are aware, the MICR code is necessary for all Electronic Clearing Service (ECS – Credit and Debit) transactions. Similarly, the IFSC code is a pre-requisite for NEFT and RTGS transactions. 2. Curr
RBI/2011-12/516 DPSS (CO) RTGS No. 1934/04.04.002/2011-12 April 20, 2012 The Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS, NEFT and NECS Dear Sir/Madam, Printing of MICR Code and IFSC Code on Passbook/Statement of Account As you are aware, the MICR code is necessary for all Electronic Clearing Service (ECS – Credit and Debit) transactions. Similarly, the IFSC code is a pre-requisite for NEFT and RTGS transactions. 2. Curr
ഏപ്രി 19, 2012
Bank Rate
RBI/2011-12/515 DBOD.No.Ret.BC.96 /12.01.001/2011-12 April 19, 2012 All Scheduled Commercial Banks Dear Sir, Bank Rate As announced in the Monetary Policy Statement 2012-13, the Bank Rate stands adjusted by 50 basis points from 9.50 per cent to 9.00 per cent with effect from April 17, 2012. 2. All penal interest rates on shortfall in reserve requirements, which are specifically linked to the Bank Rate, also stand revised as indicated in Annex. 3. Please acknowledge re
RBI/2011-12/515 DBOD.No.Ret.BC.96 /12.01.001/2011-12 April 19, 2012 All Scheduled Commercial Banks Dear Sir, Bank Rate As announced in the Monetary Policy Statement 2012-13, the Bank Rate stands adjusted by 50 basis points from 9.50 per cent to 9.00 per cent with effect from April 17, 2012. 2. All penal interest rates on shortfall in reserve requirements, which are specifically linked to the Bank Rate, also stand revised as indicated in Annex. 3. Please acknowledge re
ഏപ്രി 19, 2012
Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al Qaida Sanctions List
RBI/2011-12/514 UBD.BPD (PCB) Cir. No.30/14.01.062/2011-12 April 19, 2012 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al Qaida Sanctions List Please refer to our circular UBD.CO.BPD (PCB) Cir. No. 21/14.01.062/2011-12 dated March 01, 2012. We have since received from Government of India, Ministry of External Affairs, UNP
RBI/2011-12/514 UBD.BPD (PCB) Cir. No.30/14.01.062/2011-12 April 19, 2012 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al Qaida Sanctions List Please refer to our circular UBD.CO.BPD (PCB) Cir. No. 21/14.01.062/2011-12 dated March 01, 2012. We have since received from Government of India, Ministry of External Affairs, UNP
ഏപ്രി 17, 2012
KYC Guidelines - Accounts of Proprietary Concerns
RBI/2011-12/506 DBOD. AML.BC. No 93 /14.01.001/2011-12 April 17, 2012 The Chairmen / Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs)/ All India Financial institutions/ Local Area Banks Dear Sir, Know your Customer (KYC) Guidelines - Accounts of Proprietary Concerns Please refer to our circulars DBOD. AML BC. No. 80/14.01.001/2009-10 dated March 26, 2010 and DBOD. AML.BC. No. 38 /14.01.001/2010 -11 dated August 31, 2010 regarding customer ident
RBI/2011-12/506 DBOD. AML.BC. No 93 /14.01.001/2011-12 April 17, 2012 The Chairmen / Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs)/ All India Financial institutions/ Local Area Banks Dear Sir, Know your Customer (KYC) Guidelines - Accounts of Proprietary Concerns Please refer to our circulars DBOD. AML BC. No. 80/14.01.001/2009-10 dated March 26, 2010 and DBOD. AML.BC. No. 38 /14.01.001/2010 -11 dated August 31, 2010 regarding customer ident
ഏപ്രി 17, 2012
Monetary Policy Statement 2012-13
By Dr. D. Subbarao Governor Introduction This Annual Policy for 2012-13 is set in a challenging macroeconomic environment. At the global level, concerns about a crisis have abated somewhat since the Third Quarter Review (TQR) in January 2012. The US economy continues to show signs of modest recovery. Large scale liquidity infusions by the European Central Bank (ECB) have significantly reduced stress in the global financial markets. However, recent developments, for ex
By Dr. D. Subbarao Governor Introduction This Annual Policy for 2012-13 is set in a challenging macroeconomic environment. At the global level, concerns about a crisis have abated somewhat since the Third Quarter Review (TQR) in January 2012. The US economy continues to show signs of modest recovery. Large scale liquidity infusions by the European Central Bank (ECB) have significantly reduced stress in the global financial markets. However, recent developments, for ex
ഏപ്രി 17, 2012
Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) - Marginal Standing Facility (MSF)
RBI/2011-12/509 Ref: DBOD.No.Ret.BC.95/12.02.001/2011-12 April 17, 2012 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF) Please refer to our circular DBOD.No.Ret.BC.No.92/12.02.001/2010-11 dated May 09, 2011 wherein it was advised that Scheduled Commercial Banks (SCBs) may borrow overnight up to 1 per cent of their
RBI/2011-12/509 Ref: DBOD.No.Ret.BC.95/12.02.001/2011-12 April 17, 2012 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF) Please refer to our circular DBOD.No.Ret.BC.No.92/12.02.001/2010-11 dated May 09, 2011 wherein it was advised that Scheduled Commercial Banks (SCBs) may borrow overnight up to 1 per cent of their
ഏപ്രി 16, 2012
Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR Committee's Sanctions List
RBI/2011-12/501 DBOD. AML. No. 15434/14.06.001/2011-12 April 16, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML No. 15291/14.06.001/2011-12 dated April 13, 2012. We have since received from Government of Indi
RBI/2011-12/501 DBOD. AML. No. 15434/14.06.001/2011-12 April 16, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML No. 15291/14.06.001/2011-12 dated April 13, 2012. We have since received from Government of Indi
ഏപ്രി 13, 2012
Brickwork Ratings India Pvt. Ltd. accredited for risk weighting Banks’ claims for Capital Adequacy Purposes
RBI/2011-12/499 DBOD.No.BP.BC 92 /21.06.007/2011-12 April 13, 2012 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) - Eligible Credit Rating Agencies - Brickwork Ratings India Pvt. Ltd. (Brickwork) Please refer to the Master Circular DBOD.No.BP.BC.11/21.06.001/2010-11 dated July 1, 2011 on 'P
RBI/2011-12/499 DBOD.No.BP.BC 92 /21.06.007/2011-12 April 13, 2012 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) - Eligible Credit Rating Agencies - Brickwork Ratings India Pvt. Ltd. (Brickwork) Please refer to the Master Circular DBOD.No.BP.BC.11/21.06.001/2010-11 dated July 1, 2011 on 'P
ഏപ്രി 13, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2011-12/498 DBOD. AML. No.15291 /14.06.001/2011-12 April 13, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML No. 13900/14.06.001/2011-12 dated March 16, 2012. We have since received from Government of India, Mini
RBI/2011-12/498 DBOD. AML. No.15291 /14.06.001/2011-12 April 13, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML No. 13900/14.06.001/2011-12 dated March 16, 2012. We have since received from Government of India, Mini
ഏപ്രി 13, 2012
National Electronic Funds Transfer (NEFT) - Acceptance of NEFT inward for credit to Loan Accounts
RBI/2011-2012/496 DPSS (CO) EPPD No.1894/04.03.01/2011-12 April 12, 2012 The Chairman and Managing Director / Chief Executive Officer of member banks participating in NEFT Madam / Dear Sir, National Electronic Funds Transfer (NEFT) - Acceptance of NEFT inward for credit to Loan Accounts National Electronic Funds Transfer launched in year 2005 has been working successfully over the years and occupies an important place in the payment system space. The system is meant f
RBI/2011-2012/496 DPSS (CO) EPPD No.1894/04.03.01/2011-12 April 12, 2012 The Chairman and Managing Director / Chief Executive Officer of member banks participating in NEFT Madam / Dear Sir, National Electronic Funds Transfer (NEFT) - Acceptance of NEFT inward for credit to Loan Accounts National Electronic Funds Transfer launched in year 2005 has been working successfully over the years and occupies an important place in the payment system space. The system is meant f
ഏപ്രി 09, 2012
Access criteria for payment systems - sub-membership to centralised payment systems
RBI/2011-12/489 DPSS.CO.OD. 1848 /06.07.003/2011-2012 April 9, 2012 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks including RRBs/ Urban Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks Dear Sir/Madam Access criteria for payment systems – sub-membership to centralised payment systems Under the overall guidance of the Board for Payment and Settlement Systems, the Reserve Bank over the last few years
RBI/2011-12/489 DPSS.CO.OD. 1848 /06.07.003/2011-2012 April 9, 2012 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks including RRBs/ Urban Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks Dear Sir/Madam Access criteria for payment systems – sub-membership to centralised payment systems Under the overall guidance of the Board for Payment and Settlement Systems, the Reserve Bank over the last few years
മാർ 30, 2012
Interest Rates on Export Credit in Foreign Currency
RBI/2011-12/480 DBOD.DIR.No.91/04.02.001/2011-12 March 30, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.No.52/04.02.001/2011-12 dated November 15, 2011 relating to export credit in foreign currency. 2. It has been decided that the prescriptions regarding ceiling rates on export credit in foreign currency and overseas line of credit as mentioned in the circ
RBI/2011-12/480 DBOD.DIR.No.91/04.02.001/2011-12 March 30, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.No.52/04.02.001/2011-12 dated November 15, 2011 relating to export credit in foreign currency. 2. It has been decided that the prescriptions regarding ceiling rates on export credit in foreign currency and overseas line of credit as mentioned in the circ
മാർ 28, 2012
Overseas Direct Investments by Indian Party - Rationalisation
RBI/2011-12/473 A.P. (DIR Series) Circular No. 96 March 28, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, Overseas Direct Investments by Indian Party – Rationalisation Attention of the Authorised Dealer (AD - Category I) banks is invited to the Notification No. FEMA 120/RB-2004 dated July 7, 2004 [Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time to time. To gra
RBI/2011-12/473 A.P. (DIR Series) Circular No. 96 March 28, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, Overseas Direct Investments by Indian Party – Rationalisation Attention of the Authorised Dealer (AD - Category I) banks is invited to the Notification No. FEMA 120/RB-2004 dated July 7, 2004 [Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time to time. To gra
മാർ 27, 2012
UCBs - Guidelines issued under Section 36(1) (a) of the BR Act, 1949 (AACS) - Implementation of the provisions of Foreign Contribution (Regulation) Act, 2010
RBI/2011-12/472 UBD. CO. BPD. (PCB).No 28/12.05.001/2011-12 March 27, 2012 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Guidelines issued under Section 36(1) (a) of the Banking Regulation Act, 1949 (AACS) - Implementation of the provisions of Foreign Contribution (Regulation) Act, 2010 The Reserve Bank, considering the public interest and on being satisfied that it is necessary so to do, in exercise of the powers conferred by Clause
RBI/2011-12/472 UBD. CO. BPD. (PCB).No 28/12.05.001/2011-12 March 27, 2012 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Guidelines issued under Section 36(1) (a) of the Banking Regulation Act, 1949 (AACS) - Implementation of the provisions of Foreign Contribution (Regulation) Act, 2010 The Reserve Bank, considering the public interest and on being satisfied that it is necessary so to do, in exercise of the powers conferred by Clause
മാർ 26, 2012
The Banking Companies (Nomination) Rules, 1985 - Clarifications
RBI/2011-12/469 DBOD.No. Leg.BC. 89/ 09.07.005/2011-12 March 26, 2012 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, The Banking Companies (Nomination) Rules, 1985 – Clarifications Please refer to para 1 of our Circular DBOD.No.Leg.BC.83/09.07.005/2010-11 dated March 30, 2011 on the captioned issue wherein we have clarified that signatures of the account holders in forms DA1, DA2 and DA3 need not be attested by witnesses. 2. In this connection, certain quer
RBI/2011-12/469 DBOD.No. Leg.BC. 89/ 09.07.005/2011-12 March 26, 2012 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, The Banking Companies (Nomination) Rules, 1985 – Clarifications Please refer to para 1 of our Circular DBOD.No.Leg.BC.83/09.07.005/2010-11 dated March 30, 2011 on the captioned issue wherein we have clarified that signatures of the account holders in forms DA1, DA2 and DA3 need not be attested by witnesses. 2. In this connection, certain quer
മാർ 21, 2012
Foreign Exchange Management (Deposit) Regulations, 2000 - Credit to Non Resident (External) Rupee / Foreign Currency Non-Resident (Bank) Account
RBI/2011-12/465 A. P. (DIR Series) Circular No.95 March 21, 2012 To All Category-I Authorised Dealer Banks and Authorised banks Madam / Sir, Foreign Exchange Management (Deposit) Regulations, 2000 – Credit to Non Resident (External) Rupee / Foreign Currency Non-Resident (Bank) Account Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to Regulation 5(6) of Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 200
RBI/2011-12/465 A. P. (DIR Series) Circular No.95 March 21, 2012 To All Category-I Authorised Dealer Banks and Authorised banks Madam / Sir, Foreign Exchange Management (Deposit) Regulations, 2000 – Credit to Non Resident (External) Rupee / Foreign Currency Non-Resident (Bank) Account Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to Regulation 5(6) of Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 200
മാർ 20, 2012
Special Clearing on March 31, 2012
RBI/2011-12/462 DPSS.CO.CHD.No./1732/03.01.03/2011-2012 March 20, 2012 The Chairman and Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks including RRBs / UCBs /State Co-operative Banks / District Central Co-operative Banks Madam / Dear sir, Special Clearing on March 31, 2012 With a view to facilitating accounting of all the Government transactions of the current financial year (2011-12) by March 31, 2012, the National Clearing Cells functionin
RBI/2011-12/462 DPSS.CO.CHD.No./1732/03.01.03/2011-2012 March 20, 2012 The Chairman and Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks including RRBs / UCBs /State Co-operative Banks / District Central Co-operative Banks Madam / Dear sir, Special Clearing on March 31, 2012 With a view to facilitating accounting of all the Government transactions of the current financial year (2011-12) by March 31, 2012, the National Clearing Cells functionin
മാർ 19, 2012
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 - Woori Bank
RBI / 2011-12/455 Ref: DBOD. No.Ret. BC. 87 /12.06.133 /2011-12 March 19, 2012 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Woori Bank We advise that the name of “Woori Bank” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD. IBD. No. 10184 / 23.13.139/2011-12 dated January 09, 2012, published in the Gazette of India (Part III – Section 4) dated Feb
RBI / 2011-12/455 Ref: DBOD. No.Ret. BC. 87 /12.06.133 /2011-12 March 19, 2012 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Woori Bank We advise that the name of “Woori Bank” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD. IBD. No. 10184 / 23.13.139/2011-12 dated January 09, 2012, published in the Gazette of India (Part III – Section 4) dated Feb
മാർ 19, 2012
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 - National Australia Bank
RBI/2011-12/456 Ref: DBOD. No.Ret. BC.88 /12.06.134 /2011-12 March 19, 2012 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – National Australia Bank We advise that the name of “National Australia Bank” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD. IBD. No. 10193 / 23.13.085/2011-12 dated January 09, 2012, published in the Gazette of India (Part III
RBI/2011-12/456 Ref: DBOD. No.Ret. BC.88 /12.06.134 /2011-12 March 19, 2012 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – National Australia Bank We advise that the name of “National Australia Bank” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD. IBD. No. 10193 / 23.13.085/2011-12 dated January 09, 2012, published in the Gazette of India (Part III
മാർ 16, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2011-12/450 DBOD. AML. No.13900 /14.06.001/2011-12 March 16, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@ @@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML. No. 13747/14.06.001/2011-12 dated March 14, 2012. We have since received from Governme
RBI/2011-12/450 DBOD. AML. No.13900 /14.06.001/2011-12 March 16, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@ @@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML. No. 13747/14.06.001/2011-12 dated March 14, 2012. We have since received from Governme
മാർ 15, 2012
Access Criteria for Payment Systems-Membership to Clearing Houses operating Decentralised Payment Systems
RBI/2011-12/448 DPSS (CO) CHD.No/ 1691/ 03.01.14 / 2011-2012 March 15, 2012 The Chairman and Managing Director /Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Scheduled Co-operative Banks/Banks participating in NEFT and RTGS/ Regional offices of RBI Dear Sir/Madam Access Criteria for Payment Systems-Membership to Clearing Houses operating Decentralised Payment Systems Please refer to our circular no. DPSS.CO.OD.494/ 04.04.009/20
RBI/2011-12/448 DPSS (CO) CHD.No/ 1691/ 03.01.14 / 2011-2012 March 15, 2012 The Chairman and Managing Director /Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Scheduled Co-operative Banks/Banks participating in NEFT and RTGS/ Regional offices of RBI Dear Sir/Madam Access Criteria for Payment Systems-Membership to Clearing Houses operating Decentralised Payment Systems Please refer to our circular no. DPSS.CO.OD.494/ 04.04.009/20
മാർ 14, 2012
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
RBI/2011-12/444 DBOD. AML.No.13738 /14.01.001/2011-12 March 14, 2012 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter DBOD. AML.No.10461/14.01.001/ 2010-11 dated January 12, 2012 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action
RBI/2011-12/444 DBOD. AML.No.13738 /14.01.001/2011-12 March 14, 2012 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letter DBOD. AML.No.10461/14.01.001/ 2010-11 dated January 12, 2012 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action
മാർ 14, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2011-12/441 DBOD. AML. No. 13747/14.06.001/2011-12 March 14, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@ @@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD.AML.No.13481/14.06.001/2011-12 dated March 9, 2012. We have since received from Government o
RBI/2011-12/441 DBOD. AML. No. 13747/14.06.001/2011-12 March 14, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@ @@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD.AML.No.13481/14.06.001/2011-12 dated March 9, 2012. We have since received from Government o
മാർ 09, 2012
Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR
RBI/2011-12/434 Ref: DBOD.No.Ret.BC.86 /12.01.001/2011-12 March 09, 2012 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular DBOD.No.Ret.BC.74/12.01.001/2011-12 dated January 24, 2012 on the captioned subject. 2. @@NBSP@@On review of the current and evolving liquidity conditions as set out in the Reserve Bank's Press Release 2011-2012/1441 dated
RBI/2011-12/434 Ref: DBOD.No.Ret.BC.86 /12.01.001/2011-12 March 09, 2012 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular DBOD.No.Ret.BC.74/12.01.001/2011-12 dated January 24, 2012 on the captioned subject. 2. @@NBSP@@On review of the current and evolving liquidity conditions as set out in the Reserve Bank's Press Release 2011-2012/1441 dated
മാർ 09, 2012
Implementation of Section 51A of UAPA, 1967 - Updates of the UNSCR Committees’ Al Qaida Sanctions List
RBI/2011-12/436 DBOD. AML.No.13481/14.06.001/2011-12 March 9, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML.No. 12757/14.06.001/2011-12 dated February 24, 2012. We have since received from Government of India, Mini
RBI/2011-12/436 DBOD. AML.No.13481/14.06.001/2011-12 March 9, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML.No. 12757/14.06.001/2011-12 dated February 24, 2012. We have since received from Government of India, Mini
മാർ 05, 2012
Grant of ‘Certificate of Registration’ - For carrying on the business of Credit Information - CIBIL
RBI/2011-12/429 DBOD No. CID. BC. 84/20.16.042/2011-12 March 5, 2012 Chairmen / Managing Directors / CEOs All Scheduled Commercial Banks (excluding RRBs) & All India Financial Institutions Dear Sir, Grant of ‘Certificate of Registration’ – For carrying on the business of Credit Information – Credit Information Bureau (India) Limited We advise that, on March 5, 2012, we have issued ‘Certificate of Registration’ to Credit Information Bureau (India) Limited (CIBIL) t
RBI/2011-12/429 DBOD No. CID. BC. 84/20.16.042/2011-12 March 5, 2012 Chairmen / Managing Directors / CEOs All Scheduled Commercial Banks (excluding RRBs) & All India Financial Institutions Dear Sir, Grant of ‘Certificate of Registration’ – For carrying on the business of Credit Information – Credit Information Bureau (India) Limited We advise that, on March 5, 2012, we have issued ‘Certificate of Registration’ to Credit Information Bureau (India) Limited (CIBIL) t
മാർ 05, 2012
Grievance Redressal Mechanism in Banks - Display of Names of Nodal Officers
RBI/2011-12/426 DBOD.No. Leg.BC.83/ 09.07.005/2011-12 March 5, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Grievance Redressal Mechanism in Banks – Display of Names of Nodal Officers Please refer to our Circular DBOD.No.Leg.BC.24 /09.07.005/2009-10 dated July@@NBSP@@ 21, 2009 wherein banks were, inter alia, advised to display the names and other details of the officials at their Head Office / Zonal Offices / Regional Offices@@NBSP@@ including the nam
RBI/2011-12/426 DBOD.No. Leg.BC.83/ 09.07.005/2011-12 March 5, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Grievance Redressal Mechanism in Banks – Display of Names of Nodal Officers Please refer to our Circular DBOD.No.Leg.BC.24 /09.07.005/2009-10 dated July@@NBSP@@ 21, 2009 wherein banks were, inter alia, advised to display the names and other details of the officials at their Head Office / Zonal Offices / Regional Offices@@NBSP@@ including the nam
മാർ 05, 2012
UCBs - KYC Norms/AML Standards/Combating Financing of Terrorism/Obligation of banks under PMLA, 2002- Assessment and Monitoring of Risk
RBI/2011-12/428 UBD. CO. BPD. No 24 /12.05.001 / 2011-12 March@@NBSP@@ 5, 2012 The Chief Executive Officers of All Primary (Urban) Co-operative Banks 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- Assessment and Monitoring of Risk Please refer to our circular UBD. PCB. Cir. 30/09.161.00/2004-05 dated December 15, 2004 and
RBI/2011-12/428 UBD. CO. BPD. No 24 /12.05.001 / 2011-12 March@@NBSP@@ 5, 2012 The Chief Executive Officers of All Primary (Urban) Co-operative Banks 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- Assessment and Monitoring of Risk Please refer to our circular UBD. PCB. Cir. 30/09.161.00/2004-05 dated December 15, 2004 and
മാർ 02, 2012
Financial Inclusion by Extension of Banking Services - Use of Business Correspondents (BCs)
RBI/2011-12/425 DBOD.No.BL.BC. 82/22.01.009/2011-12 March 02, 2012 All Scheduled Commercial Banks (Including RRBs) & Local Area Banks Dear Sir, Financial Inclusion by Extension of Banking Services - Use of Business Correspondents (BCs) Please refer to paragraph 3 on 'BC Model' of our circular DBOD.No.BL.BC.43/ 22.01.009/2010-11 dated September 28, 2010 on the above subject wherein it is stated that while a BC can be a BC for more than one bank, at the point of cus
RBI/2011-12/425 DBOD.No.BL.BC. 82/22.01.009/2011-12 March 02, 2012 All Scheduled Commercial Banks (Including RRBs) & Local Area Banks Dear Sir, Financial Inclusion by Extension of Banking Services - Use of Business Correspondents (BCs) Please refer to paragraph 3 on 'BC Model' of our circular DBOD.No.BL.BC.43/ 22.01.009/2010-11 dated September 28, 2010 on the above subject wherein it is stated that while a BC can be a BC for more than one bank, at the point of cus
ഫെബ്രു 27, 2012
Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards - Primary (Urban) Co-operative Banks
RBI/2011-12/410 UBD.CO.BPD (AD) Cir.No.5/14.01.062/2011-12 February 23, 2012 The Chief Executive Officer of 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. CO.BPD (PCB).Cir.No.2/14.01.062/2011-12 dated August 03, 2011 on risks arising from the deficiencies in AML/CFT regime of certain jurisdiction
RBI/2011-12/410 UBD.CO.BPD (AD) Cir.No.5/14.01.062/2011-12 February 23, 2012 The Chief Executive Officer of 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. CO.BPD (PCB).Cir.No.2/14.01.062/2011-12 dated August 03, 2011 on risks arising from the deficiencies in AML/CFT regime of certain jurisdiction
ഫെബ്രു 24, 2012
Implementation of Section 51A of UAPA 1967 - Updates of the UNSCR Committee’s Al Qaida Sanctions List
RBI/2011-12/409 DBOD. AML. No.12757/14.06.001/2011-12 February 24, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML. No. 11330/14.06.001/2011-12 dated January 31, 2012. We have since received from Government of India,
RBI/2011-12/409 DBOD. AML. No.12757/14.06.001/2011-12 February 24, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML. No. 11330/14.06.001/2011-12 dated January 31, 2012. We have since received from Government of India,
ഫെബ്രു 24, 2012
Submission of Credit Information to CICs - Dissemination of Credit Information of suit-filed accounts
RBI/2011-12/408 UBD.CO.BPD.Cir.No. 19/09.11.200/2011-12 February 13, 2012 The Chief Executive Officer All Primary Urban Co-operative Banks Dear Sir / Madam Submission of Credit Information to Credit Information Companies – Defaulters of ` 1 crore and above and Willful Defaulters of ` 25 lakhs and above- Dissemination of Credit information of suit-filed accounts Please refer to Circular UBD.CO.BPD.Cir.No. 6/09.11.200/2010-11 dated August 9, 2010 on submission of data b
RBI/2011-12/408 UBD.CO.BPD.Cir.No. 19/09.11.200/2011-12 February 13, 2012 The Chief Executive Officer All Primary Urban Co-operative Banks Dear Sir / Madam Submission of Credit Information to Credit Information Companies – Defaulters of ` 1 crore and above and Willful Defaulters of ` 25 lakhs and above- Dissemination of Credit information of suit-filed accounts Please refer to Circular UBD.CO.BPD.Cir.No. 6/09.11.200/2010-11 dated August 9, 2010 on submission of data b
ഫെബ്രു 21, 2012
Export of Goods and Services - Receipt of advance payment for export of goods Involving shipment (manufacture and ship) beyond one year
RBI/2011-12/403 A.P. (DIR Series) Circular No.81 February 21, 2012 To All Category – I Authorised Dealer Banks Madam / Sir, Export of Goods and Services - Receipt of advance payment for export of goods Involving shipment (manufacture and ship) beyond one year Attention of Authorised Dealer Category – I (AD Category I) banks is invited to the sub-regulation (2) of Regulation 16 of the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, notifie
RBI/2011-12/403 A.P. (DIR Series) Circular No.81 February 21, 2012 To All Category – I Authorised Dealer Banks Madam / Sir, Export of Goods and Services - Receipt of advance payment for export of goods Involving shipment (manufacture and ship) beyond one year Attention of Authorised Dealer Category – I (AD Category I) banks is invited to the sub-regulation (2) of Regulation 16 of the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, notifie
ഫെബ്രു 21, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988 (2011) Sanctions List
RBI/2011-12/405 DBOD. AML. No.12441/14.06.001/2011-12 February 21, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988(2011) Sanctions List Please refer to our circular DBOD. AML.. No. 10614/14.06.001/2011-12 dated January 17, 2011. We have since received from Government of India, Ministry of External Affairs, UN
RBI/2011-12/405 DBOD. AML. No.12441/14.06.001/2011-12 February 21, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988(2011) Sanctions List Please refer to our circular DBOD. AML.. No. 10614/14.06.001/2011-12 dated January 17, 2011. We have since received from Government of India, Ministry of External Affairs, UN
ഫെബ്രു 09, 2012
Clarification - Establishment of Project Offices in India by Foreign Entities - General Permission
RBI/2011-12/392 A.P. (DIR Series) Circular No. 76 February 09, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Clarification - Establishment of Project Offices in India by Foreign Entities – General Permission Attention of the Authorised Dealer Category - I (AD Category - I) banks is invited to Regulation 4 of Notification No.FEMA 22 /2000-RB dated May 3, 2000, viz., Foreign Exchange Management (Establishment in India of Branch or Office or other Place o
RBI/2011-12/392 A.P. (DIR Series) Circular No. 76 February 09, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Clarification - Establishment of Project Offices in India by Foreign Entities – General Permission Attention of the Authorised Dealer Category - I (AD Category - I) banks is invited to Regulation 4 of Notification No.FEMA 22 /2000-RB dated May 3, 2000, viz., Foreign Exchange Management (Establishment in India of Branch or Office or other Place o
ഫെബ്രു 07, 2012
Deregulation of Savings Bank Deposit Interest Rate - Clarification
RBI/2011-12/391 UBD.BPD.(PCB) CIR No. 18 /13.01.000/2011-12 February 7 , 2012 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate – Clarification Please refer to our circular UBD.BPD.(PCB).CIR No.13/13.01.000/2011-12 dated November 25, 2011. 2. We clarify that the revised guidelines issued vide our circular referred to above would be applicable to domestic savings bank deposits held by
RBI/2011-12/391 UBD.BPD.(PCB) CIR No. 18 /13.01.000/2011-12 February 7 , 2012 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate – Clarification Please refer to our circular UBD.BPD.(PCB).CIR No.13/13.01.000/2011-12 dated November 25, 2011. 2. We clarify that the revised guidelines issued vide our circular referred to above would be applicable to domestic savings bank deposits held by
ഫെബ്രു 07, 2012
Unclaimed Deposits/ Inoperative Accounts in Banks - Display list of Inoperative Accounts
RBI/2011-12/389 DBOD.No.Leg.BC. 81/09.07.005/2011-12 February 7, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Unclaimed Deposits/ Inoperative Accounts in Banks - Display list of Inoperative Accounts Please refer to our Circular DBOD.No.Leg.BC.34/09.07.005/2008-09 dated August 22, 2008, wherein detailed instructions have been given to banks on dealing with unclaimed deposits / inoperative accounts.@@NBSP@@ They have been advised to find the whereabout
RBI/2011-12/389 DBOD.No.Leg.BC. 81/09.07.005/2011-12 February 7, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Unclaimed Deposits/ Inoperative Accounts in Banks - Display list of Inoperative Accounts Please refer to our Circular DBOD.No.Leg.BC.34/09.07.005/2008-09 dated August 22, 2008, wherein detailed instructions have been given to banks on dealing with unclaimed deposits / inoperative accounts.@@NBSP@@ They have been advised to find the whereabout
ഫെബ്രു 06, 2012
Guidelines issued under Section 36(1)(a) of the Banking Regulation Act, 1949 - Implementation of the provisions of Foreign Contribution (Regulation) Act, 2010
RBI/2011-12/388 DBOD.AML.BC.No.80/ 14.08.001/ 2011-12 February 6, 2012 The Chairmen/Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines issued under Section 36(1)(a) of the Banking Regulation Act, 1949 - Implementation of the provisions of Foreign Contribution (Regulation) Act, 2010 The Reserve Bank, considering the public interest and on being satisfied that it is necessary so to do, in exercise of the powers conferred by
RBI/2011-12/388 DBOD.AML.BC.No.80/ 14.08.001/ 2011-12 February 6, 2012 The Chairmen/Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines issued under Section 36(1)(a) of the Banking Regulation Act, 1949 - Implementation of the provisions of Foreign Contribution (Regulation) Act, 2010 The Reserve Bank, considering the public interest and on being satisfied that it is necessary so to do, in exercise of the powers conferred by
ഫെബ്രു 03, 2012
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 Industrial and Commercial Bank of China Limited
RBI/20011-12/384 Ref.DBOD.No.Ret.BC 77/12.06.132/2011-12 February 03, 2012 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 Industrial and Commercial Bank of China Limited We advise that the name of "Industrial and Commercial Bank of China Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD.IBD.No./8136/ 23.03.026/2011-12 dated December 01, 2011 pu
RBI/20011-12/384 Ref.DBOD.No.Ret.BC 77/12.06.132/2011-12 February 03, 2012 All Scheduled Commercial Banks Dear Sir, Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 Industrial and Commercial Bank of China Limited We advise that the name of "Industrial and Commercial Bank of China Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD.IBD.No./8136/ 23.03.026/2011-12 dated December 01, 2011 pu
ഫെബ്രു 03, 2012
Grant of Loans and Advances and Award of Contracts to Directors of Banks and their Relatives
RBI/2011-12/385 DBOD.No.BP.BC.79/21.01.001/2011-12 February 3, 2012 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Grant of Loans and Advances and Award of Contracts to Directors of Banks and their Relatives Please refer to instructions contained in our circulars DBOD.No.GC.BC.34/C.408C(59)S-84 dated April 12, 1984 read with DBOD.No.BC.110/21.01.001/94 dated October 10, 1994 and DBOD.No.
RBI/2011-12/385 DBOD.No.BP.BC.79/21.01.001/2011-12 February 3, 2012 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Grant of Loans and Advances and Award of Contracts to Directors of Banks and their Relatives Please refer to instructions contained in our circulars DBOD.No.GC.BC.34/C.408C(59)S-84 dated April 12, 1984 read with DBOD.No.BC.110/21.01.001/94 dated October 10, 1994 and DBOD.No.
ഫെബ്രു 03, 2012
Housing Loans by Commercial Banks - Loan to Value (LTV) Ratio
RBI/2011-12/383 DBOD.No.BP.BC. 78 /08.12.001/2011-12 February 03, 2012 The Chairmen and Managing Directors / Chief Executive Officers of All Commercial Banks (Excluding Regional Rural Banks) Dear Sir/ Madam Housing Loans by Commercial Banks – Loan to Value (LTV) Ratio Please refer to our circular DBOD.No.BP.BC.69/08.12.001/2010-11 dated December 23, 2010 on “Housing loans by commercial banks – LTV ratio, risk weight and provisioning” wherein it was advised that in ord
RBI/2011-12/383 DBOD.No.BP.BC. 78 /08.12.001/2011-12 February 03, 2012 The Chairmen and Managing Directors / Chief Executive Officers of All Commercial Banks (Excluding Regional Rural Banks) Dear Sir/ Madam Housing Loans by Commercial Banks – Loan to Value (LTV) Ratio Please refer to our circular DBOD.No.BP.BC.69/08.12.001/2010-11 dated December 23, 2010 on “Housing loans by commercial banks – LTV ratio, risk weight and provisioning” wherein it was advised that in ord
ഫെബ്രു 02, 2012
Unhedged Foreign Currency Exposure of Corporates
RBI/2011-12/382 DBOD.BP.BC.No.76 /21.04.103/2011-12 February 2, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Second Quarter Review of Monetary Policy 2011-12 – Unhedged Foreign Currency Exposure of Corporates Please refer to paragraphs 102 and 103 of the Second Quarter Review of Monetary Policy 2011-12 (extract enclosed) on ‘Monitoring of Unhedged Foreign Currency Exposure of Corporates by Banks’. 2. In terms of our circular Nos. DBOD. BP. BC. 37/21.
RBI/2011-12/382 DBOD.BP.BC.No.76 /21.04.103/2011-12 February 2, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Second Quarter Review of Monetary Policy 2011-12 – Unhedged Foreign Currency Exposure of Corporates Please refer to paragraphs 102 and 103 of the Second Quarter Review of Monetary Policy 2011-12 (extract enclosed) on ‘Monitoring of Unhedged Foreign Currency Exposure of Corporates by Banks’. 2. In terms of our circular Nos. DBOD. BP. BC. 37/21.
ജനു 31, 2012
Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267(1999) /1989(2011)
RBI/2011‐12/375 DBOD. AML. No. 11330 /14.06.001/2011-12 January 31, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML. No. 9855/14.06.001/2011-12 dated January 3, 2012. We have since received from Government of India,
RBI/2011‐12/375 DBOD. AML. No. 11330 /14.06.001/2011-12 January 31, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, 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 DBOD. AML. No. 9855/14.06.001/2011-12 dated January 3, 2012. We have since received from Government of India,
ജനു 25, 2012
UCBs - CRR reduced
RBI/2011-12/369 UBD.BPD. (PCB). CIR.No. 2 /12.03.000/2011-12 January 25, 2012 The Chief Executive Officers of All Scheduled Primary (Urban) Co-operative Banks Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934 – Maintenance of Cash Reserve Ratio (CRR) Please refer to our Circular UBD (PCB).No.3/12.03.000/2009-10 dated April 21, 2010 on the captioned subject. 2. The Reserve Bank in its Third Quarter Review of Monetary Policy 2011-12 issued on January 24, 2012,
RBI/2011-12/369 UBD.BPD. (PCB). CIR.No. 2 /12.03.000/2011-12 January 25, 2012 The Chief Executive Officers of All Scheduled Primary (Urban) Co-operative Banks Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934 – Maintenance of Cash Reserve Ratio (CRR) Please refer to our Circular UBD (PCB).No.3/12.03.000/2009-10 dated April 21, 2010 on the captioned subject. 2. The Reserve Bank in its Third Quarter Review of Monetary Policy 2011-12 issued on January 24, 2012,
ജനു 25, 2012
Deregulation of Savings Bank Deposit Interest Rate - Guidelines
RBI/2011-12/368 DBOD.Dir.BC. 75/13.03.00/2011-12 January 25, 2012 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate - Guidelines Please refer to our circular DBOD.Dir.BC. 42 /13.03.00/2011-12 dated October 25, 2011. 2. Based on the references received from banks, we clarify that the revised guidelines issued vide our circular referred to above would be applicable to domestic savings bank deposits held by
RBI/2011-12/368 DBOD.Dir.BC. 75/13.03.00/2011-12 January 25, 2012 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate - Guidelines Please refer to our circular DBOD.Dir.BC. 42 /13.03.00/2011-12 dated October 25, 2011. 2. Based on the references received from banks, we clarify that the revised guidelines issued vide our circular referred to above would be applicable to domestic savings bank deposits held by
ജനു 24, 2012
Third Quarter Review of Monetary Policy 2011-12
By Dr. D. Subbarao Governor Introduction Since the Second Quarter Review (SQR) of Monetary Policy in October 2011, there have been significant changes in the global scenario. On the one hand, concerns over the sustainability of sovereign debt problem in the euro area have intensified. On the other, there are modest signs of improvement in the US. In the emerging and developing economies (EDEs), growth has been moderating, reflecting the sluggishness in the advanced ec
By Dr. D. Subbarao Governor Introduction Since the Second Quarter Review (SQR) of Monetary Policy in October 2011, there have been significant changes in the global scenario. On the one hand, concerns over the sustainability of sovereign debt problem in the euro area have intensified. On the other, there are modest signs of improvement in the US. In the emerging and developing economies (EDEs), growth has been moderating, reflecting the sluggishness in the advanced ec
ജനു 24, 2012
CRR Reduced
RBI/2011-12/363 Ref: DBOD.No.Ret.BC.74 /12.01.001/2011-12 January 24, 2012 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular DBOD.No.Ret.BC.90/12.01.001/2009-10 dated April 20, 2010 on the captioned subject. 2. @@NBSP@@The Reserve Bank in its Third Quarter Review of Monetary Policy 2011-12 issued on January 24, 2012, decided to reduce the Cash
RBI/2011-12/363 Ref: DBOD.No.Ret.BC.74 /12.01.001/2011-12 January 24, 2012 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular DBOD.No.Ret.BC.90/12.01.001/2009-10 dated April 20, 2010 on the captioned subject. 2. @@NBSP@@The Reserve Bank in its Third Quarter Review of Monetary Policy 2011-12 issued on January 24, 2012, decided to reduce the Cash
ജനു 20, 2012
Implementation of UNSCR 1929(2010) on Non-proliferation Government of India Order of November 04, 2011
RBI/2011-12/358 DBOD. AML. No. 10874/14.06.001/2011-12 January 20, 2012 The Chairman / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / Financial Institutions Dear Sir, Implementation of UNSCR 1929(2010) on Non-proliferation Government of India Order of November 04, 2011 Please find enclosed a copy of Ministry of External Affairs Order dated November 4, 2011 published in the Gazette of India on implementation of United Nations Security Counc
RBI/2011-12/358 DBOD. AML. No. 10874/14.06.001/2011-12 January 20, 2012 The Chairman / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / Financial Institutions Dear Sir, Implementation of UNSCR 1929(2010) on Non-proliferation Government of India Order of November 04, 2011 Please find enclosed a copy of Ministry of External Affairs Order dated November 4, 2011 published in the Gazette of India on implementation of United Nations Security Counc
ജനു 17, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988(2011) Sanctions List
RBI/2011-12/352 DBOD. AML. No. 10614/14.06.001/2011-12 January 17, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988(2011) Sanctions List Please refer to our circular DBOD. AML. BC. No. 70/14.06.001/2011-12 dated December 30, 2011. We have since received from Government of India, Ministry of External Affairs, U
RBI/2011-12/352 DBOD. AML. No. 10614/14.06.001/2011-12 January 17, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988(2011) Sanctions List Please refer to our circular DBOD. AML. BC. No. 70/14.06.001/2011-12 dated December 30, 2011. We have since received from Government of India, Ministry of External Affairs, U
ജനു 13, 2012
Guidelines on Compensation of Whole Time Directors / Chief Executive Officers / Risk takers and Control function staff, etc
RBI/2011-12/349 DBOD No.BC.72/29.67.001/2011-12 January @@NBSP@@13, 2012 All Private Sector and Foreign Banks operating in India Dear Sir / Madam, Guidelines on Compensation of Whole Time Directors / Chief Executive Officers / Risk takers and Control function staff, etc. The compensation practices, especially of large financial institutions, were one of the important factors which contributed to the recent global financial crisis.@@NBSP@@Employees were too often rewar
RBI/2011-12/349 DBOD No.BC.72/29.67.001/2011-12 January @@NBSP@@13, 2012 All Private Sector and Foreign Banks operating in India Dear Sir / Madam, Guidelines on Compensation of Whole Time Directors / Chief Executive Officers / Risk takers and Control function staff, etc. The compensation practices, especially of large financial institutions, were one of the important factors which contributed to the recent global financial crisis.@@NBSP@@Employees were too often rewar
ജനു 12, 2012
Anti-Money Laundering/Combating Financing of Terrorism - Standards
RBI/2011-12/346 DBOD. AML.No. 10461 /14.01.001/2011-12 January 12, 2012 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letters DBOD. AML.No.1454/14.01.001/ 2010-11 and DBOD. AML.No.1456 /14.01.001/2011-12 dated July 27, 2011 on risks arising from the deficiencies in AML/CFT regime of c
RBI/2011-12/346 DBOD. AML.No. 10461 /14.01.001/2011-12 January 12, 2012 The Chairmen/CEOs of all Scheduled Commercial Banks(Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to our letters DBOD. AML.No.1454/14.01.001/ 2010-11 and DBOD. AML.No.1456 /14.01.001/2011-12 dated July 27, 2011 on risks arising from the deficiencies in AML/CFT regime of c
ജനു 05, 2012
Payment of Penal Interest for delayed credit/refunds of NEFT transactions
RBI/2011-12/342 DPSS (CO) EPPD No.1204/04.03.01/2011-12 @@NBSP@@January 05, 2012 The Chairman and Managing Director / Chief Executive Officer of member banks participating in@@NBSP@@ NEFT / Indian Banks’ Association Madam / Dear Sir, Payment of Penal Interest for delayed credit/refunds of NEFT transactions and efficient functioning of Customer Facilitation Centres Please refer to our circular DPSS (CO) EPPD No. 477/04.03.01/2010-11 dated September 1, 2010 on bringing
RBI/2011-12/342 DPSS (CO) EPPD No.1204/04.03.01/2011-12 @@NBSP@@January 05, 2012 The Chairman and Managing Director / Chief Executive Officer of member banks participating in@@NBSP@@ NEFT / Indian Banks’ Association Madam / Dear Sir, Payment of Penal Interest for delayed credit/refunds of NEFT transactions and efficient functioning of Customer Facilitation Centres Please refer to our circular DPSS (CO) EPPD No. 477/04.03.01/2010-11 dated September 1, 2010 on bringing
ജനു 05, 2012
Providing Positive Confirmation to the Originator - Non-adherence to RBI Instructions
RBI/2011-12/341 DPSS (CO) EPPD No.1199/04.03.01/2011-12 January 05, 2012 The Chairman and Managing Director / Chief Executive Officer of member banks participating in@@NBSP@@ NEFT / Indian Banks’ Association Madam / Dear Sir, Providing Positive Confirmation to the Originator – Non-adherence to RBI Instructions Please refer to our circular DPSS CO EPPD No. 168 / 04.03.01 / 2009-2010 dated February 5, 2010 putting in place a mechanism which would enable NEFT participati
RBI/2011-12/341 DPSS (CO) EPPD No.1199/04.03.01/2011-12 January 05, 2012 The Chairman and Managing Director / Chief Executive Officer of member banks participating in@@NBSP@@ NEFT / Indian Banks’ Association Madam / Dear Sir, Providing Positive Confirmation to the Originator – Non-adherence to RBI Instructions Please refer to our circular DPSS CO EPPD No. 168 / 04.03.01 / 2009-2010 dated February 5, 2010 putting in place a mechanism which would enable NEFT participati
ജനു 03, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) and 1989( 2011) Committee's Al Qaida Sanctions List
RBI/2011-12/336 DBOD. AML. No. 9855 /14.06.001/2011-12 January 3, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) and 1989( 2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML. BC. No. 70 /14.06.001/2011-12 dated December 30, 2011. We have since received from Government of In
RBI/2011-12/336 DBOD. AML. No. 9855 /14.06.001/2011-12 January 3, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) and 1989( 2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML. BC. No. 70 /14.06.001/2011-12 dated December 30, 2011. We have since received from Government of In
ഡിസം 30, 2011
Implementation of Section 51-A of UAPA, 1967 - Splitting of UNSC 1267 Committee's list of individuals and entities linked to Al-Qaida and Taliban
RBI/2011-12/328 DBOD. AML. BC. No.70 /14.06.001/2011-12 December 30, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967- Splitting of UNSC 1267 Committee's list of individuals and entities linked to Al-Qaida and Taliban Please refer to the UN Security Council's 1267 Committee’s Consolidated List of individuals and entities linked to Al-Q
RBI/2011-12/328 DBOD. AML. BC. No.70 /14.06.001/2011-12 December 30, 2011 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967- Splitting of UNSC 1267 Committee's list of individuals and entities linked to Al-Qaida and Taliban Please refer to the UN Security Council's 1267 Committee’s Consolidated List of individuals and entities linked to Al-Q
ഡിസം 30, 2011
Implementation of Basel III Capital Regulations in India - Draft Guidelines
RBI/2011-12/331 DBOD.No.BP.BC. 71/ 21.06.201 / 2011-12 December 30, 2011 The Chairman and Managing Directors/ Chief Executives Officers of All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam / Dear Sir, Implementation of Basel III Capital Regulations in India –@@NBSP@@Draft Guidelines As you are aware, the Basel Committee on Banking Supervision (BCBS) has issued comprehensive reform packages entitled “Basel III: A global regulato
RBI/2011-12/331 DBOD.No.BP.BC. 71/ 21.06.201 / 2011-12 December 30, 2011 The Chairman and Managing Directors/ Chief Executives Officers of All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam / Dear Sir, Implementation of Basel III Capital Regulations in India –@@NBSP@@Draft Guidelines As you are aware, the Basel Committee on Banking Supervision (BCBS) has issued comprehensive reform packages entitled “Basel III: A global regulato
ഡിസം 27, 2011
Banks' Exposure to Capital Market - Issue of Irrevocable Payment Commitments (IPCs)
RBI/2011-12/322 DBOD.Dir.BC. 68 /13.03.00/2011-12 December 27, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam Banks' Exposure to Capital Market - Issue of Irrevocable Payment Commitments (IPCs) Please refer to our circulars No.DBOD.Dir.BC.46/13.03.00/2010-11 dated September 30, 2010, DBOD.Dir.BC.52/13.03.00/2010-11dated October 28, 2010@@NBSP@@and DBOD.Dir.BC.43/13.03.00/2011-12@@NBSP@@dated October 31, 2011 wherein banks issuing Irrevocable Pay
RBI/2011-12/322 DBOD.Dir.BC. 68 /13.03.00/2011-12 December 27, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam Banks' Exposure to Capital Market - Issue of Irrevocable Payment Commitments (IPCs) Please refer to our circulars No.DBOD.Dir.BC.46/13.03.00/2010-11 dated September 30, 2010, DBOD.Dir.BC.52/13.03.00/2010-11dated October 28, 2010@@NBSP@@and DBOD.Dir.BC.43/13.03.00/2011-12@@NBSP@@dated October 31, 2011 wherein banks issuing Irrevocable Pay
ഡിസം 27, 2011
Capital Requirement for banks’ investments in financial entities exempted from Capital Market Exposure
RBI/2011-12/321 DBOD.No.BP.BC. 69 /21.06.001/2011-12 December 27, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Capital Requirement for banks’ investments in financial entities exempted from Capital Market Exposure Please refer to paragraph 5.13.4 of our Master Circular No. DBOD.No.BP.BC.11/ 21.06.001/2010-11 dated July 1, 2011 on Prudential Guidelines on Capital Adequacy and Ma
RBI/2011-12/321 DBOD.No.BP.BC. 69 /21.06.001/2011-12 December 27, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Capital Requirement for banks’ investments in financial entities exempted from Capital Market Exposure Please refer to paragraph 5.13.4 of our Master Circular No. DBOD.No.BP.BC.11/ 21.06.001/2010-11 dated July 1, 2011 on Prudential Guidelines on Capital Adequacy and Ma
ഡിസം 27, 2011
Standardisation and Enhancement of Security Features in Cheque Forms-Implementation of CTS 2010 standard
RBI/2011-12/320 DPSS.CO.CHD.No./ 1112 / 04.07.05 / 2011-12 December 27, 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, Standardisation and Enhancement of Security Features in Cheque Forms-Implementation of CTS 2010 standard A reference is invited to our circular No.DPSS.CO.CHD.No. 1832 / 04.07.05
RBI/2011-12/320 DPSS.CO.CHD.No./ 1112 / 04.07.05 / 2011-12 December 27, 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, Standardisation and Enhancement of Security Features in Cheque Forms-Implementation of CTS 2010 standard A reference is invited to our circular No.DPSS.CO.CHD.No. 1832 / 04.07.05
ഡിസം 22, 2011
Implementation of the Internal Rating Based (IRB) Approaches for Calculation of Capital Charge for Credit Risk
RBI/2011-12/311 DBOD.No.BP.BC.67/21.06.202/2011-12 December 22, 2011 The Chairmen and Managing Directors / Chief Executive Officers of All Commercial Banks (excluding Regional Rural Banks and Local Area Banks) Dear Sir/Madam, Implementation of the Internal Rating Based (IRB) Approaches for Calculation of Capital Charge for Credit Risk Please refer to our circular DBOD.No.BP.BC.23/21.06.001/2009-10 dated July 7, 2009, inter alia, advising banks that they can apply for
RBI/2011-12/311 DBOD.No.BP.BC.67/21.06.202/2011-12 December 22, 2011 The Chairmen and Managing Directors / Chief Executive Officers of All Commercial Banks (excluding Regional Rural Banks and Local Area Banks) Dear Sir/Madam, Implementation of the Internal Rating Based (IRB) Approaches for Calculation of Capital Charge for Credit Risk Please refer to our circular DBOD.No.BP.BC.23/21.06.001/2009-10 dated July 7, 2009, inter alia, advising banks that they can apply for
ഡിസം 22, 2011
Mobile Banking Transactions in India - Operative Guidelines for Banks
RBI/2011 -12/312 DPSS.CO.PD.No. 1098 / 02.23.02 / 2011-12 December 22, 2011 The Chairman and Managing Director / Chief Executive OfficersAll Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Madam/ Dear Sir Mobile Banking Transactions in India - Operative Guidelines for Banks A reference is invited to the guidelines appended to our circular no. RBI / 2008-09 / 208, DPSS.CO.No.619 / 02.23
RBI/2011 -12/312 DPSS.CO.PD.No. 1098 / 02.23.02 / 2011-12 December 22, 2011 The Chairman and Managing Director / Chief Executive OfficersAll Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Madam/ Dear Sir Mobile Banking Transactions in India - Operative Guidelines for Banks A reference is invited to the guidelines appended to our circular no. RBI / 2008-09 / 208, DPSS.CO.No.619 / 02.23
ഡിസം 21, 2011
Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - State Bank of India Commercial and International Bank Limited
RBI/2011-12/310 Ref.DBOD.Ret..BC. No.66/12.06.001/2011-12 December 21, 2011 All Scheduled Commercial Banks Dear Sir, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 – State Bank of India Commercial and International Bank Limited We advise that the name of “State Bank of India Commercial and International Bank Limited” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD.No.Ret.BC.35/12.06.059/
RBI/2011-12/310 Ref.DBOD.Ret..BC. No.66/12.06.001/2011-12 December 21, 2011 All Scheduled Commercial Banks Dear Sir, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 – State Bank of India Commercial and International Bank Limited We advise that the name of “State Bank of India Commercial and International Bank Limited” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD.No.Ret.BC.35/12.06.059/
ഡിസം 19, 2011
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- Assessment and Monitoring of Risk
RBI/2011-12/305 DBOD. AML.BC. No.65 /14.01.001/2011-12 December 19, 2011 The Chairmen / Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs)/ All India Financial institutions/ Local Area Banks 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- Assessment and Monitoring of Risk Please refer to our Master Ci
RBI/2011-12/305 DBOD. AML.BC. No.65 /14.01.001/2011-12 December 19, 2011 The Chairmen / Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs)/ All India Financial institutions/ Local Area Banks 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- Assessment and Monitoring of Risk Please refer to our Master Ci
ഡിസം 16, 2011
Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and Ordinary Non-Resident (NRO) Accounts
RBI/2011-12/303 DBOD.Dir.BC. 64 /13.03.00/2011-12 December 16, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and Ordinary Non-Resident (NRO) Accounts Please refer to paragraph 4 of our circular DBOD.Dir.BC.42/13.03.00/ 2011-12 dated October 25, 2011 on Deregulation of Savings Bank Deposit Interest Rate and paragraph 1 of our circular DBOD.Dir.BC.59/13.03.00/2011-12 da
RBI/2011-12/303 DBOD.Dir.BC. 64 /13.03.00/2011-12 December 16, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and Ordinary Non-Resident (NRO) Accounts Please refer to paragraph 4 of our circular DBOD.Dir.BC.42/13.03.00/ 2011-12 dated October 25, 2011 on Deregulation of Savings Bank Deposit Interest Rate and paragraph 1 of our circular DBOD.Dir.BC.59/13.03.00/2011-12 da
ഡിസം 12, 2011
Section 19 of the BR Act, 1949- Investments in subsidiaries and other companies - Guidelines
RBI/2011-12/297@@NBSP@@ DBOD. FSD. BC.62/24.01.001/2011-12 December 12, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Section 19 of the Banking Regulation Act, 1949- Investments in subsidiaries and other companies – Guidelines Please refer to the instructions contained in paragraphs 2 and 3 of our Master Circular DBOD. No. FSD.BC.15 / 24.01.001/ 2011-12 dated July 1, 2011 on Para-Banking Activities which deal with the guidelines for setting up of subs
RBI/2011-12/297@@NBSP@@ DBOD. FSD. BC.62/24.01.001/2011-12 December 12, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Section 19 of the Banking Regulation Act, 1949- Investments in subsidiaries and other companies – Guidelines Please refer to the instructions contained in paragraphs 2 and 3 of our Master Circular DBOD. No. FSD.BC.15 / 24.01.001/ 2011-12 dated July 1, 2011 on Para-Banking Activities which deal with the guidelines for setting up of subs
ഡിസം 02, 2011
Payment of Cheques / Drafts / Pay Orders / Banker's Cheques
RBI/ 2011-12/288 UBD. BPD. (PCB) No. 15 /12.05.001/2011-12 December 2, 2011 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/ Madam Payment of Cheques / Drafts / Pay Orders / Banker's Cheques In India, it has been the usual practice among bankers to make payment of only such cheques and drafts as are presented for payment within a period of six months from the date of the instrument. 2. It has been brought to the notice of Reserve Bank by Go
RBI/ 2011-12/288 UBD. BPD. (PCB) No. 15 /12.05.001/2011-12 December 2, 2011 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/ Madam Payment of Cheques / Drafts / Pay Orders / Banker's Cheques In India, it has been the usual practice among bankers to make payment of only such cheques and drafts as are presented for payment within a period of six months from the date of the instrument. 2. It has been brought to the notice of Reserve Bank by Go
നവം 30, 2011
Prudential Guidelines on Credit Default Swaps (CDS)
RBI/2011-12/285 DBOD.BP.BC.No.61/21.06.203/2011‐12 November 30, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs and Local Area Banks) Dear Sir, Prudential Guidelines on Credit Default Swaps (CDS) Please refer to guidelines on single name Credit Default Swaps on corporate bonds issued vide Circular No. IDMD.PCD.No.5053/14.03.04/2010-11 dated May 23, 2011. As indicated in the paragraph 3.5 of the circu
RBI/2011-12/285 DBOD.BP.BC.No.61/21.06.203/2011‐12 November 30, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs and Local Area Banks) Dear Sir, Prudential Guidelines on Credit Default Swaps (CDS) Please refer to guidelines on single name Credit Default Swaps on corporate bonds issued vide Circular No. IDMD.PCD.No.5053/14.03.04/2010-11 dated May 23, 2011. As indicated in the paragraph 3.5 of the circu
നവം 29, 2011
Branch Authorization Policy - Relaxation- opening of Tier 2 branches under general permission
RBI/2011-12/283 DBOD.No.BL.BC. 60/22.01.001/2011-12 November 29, 2011 All Scheduled Commercial Banks (excluding RRBs) Madam/Dear Sir, Branch Authorization Policy – Relaxation- opening of Tier 2 branches under general permission Please refer to paragraphs 77 to 80 of the Second Quarter Review of Monetary Policy 2011-12 on the above subject (extract enclosed). To enhance the penetration of banking in rural and semi-urban areas, domestic scheduled commercial banks (exclu
RBI/2011-12/283 DBOD.No.BL.BC. 60/22.01.001/2011-12 November 29, 2011 All Scheduled Commercial Banks (excluding RRBs) Madam/Dear Sir, Branch Authorization Policy – Relaxation- opening of Tier 2 branches under general permission Please refer to paragraphs 77 to 80 of the Second Quarter Review of Monetary Policy 2011-12 on the above subject (extract enclosed). To enhance the penetration of banking in rural and semi-urban areas, domestic scheduled commercial banks (exclu
നവം 25, 2011
Deregulation of Savings Bank Deposit Interest Rate
RBI/2011-12/281 UBD.BPD.(PCB)CIR No.13/13.01.000/2011-12 November 25, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate Please refer to our circular No.UBD.BPD.(PCB)CIR No.45/13.01.00/2010-11 dated May 3,@@NBSP@@ 2011 enclosing@@NBSP@@ a Directive @@NBSP@@UBD.BPD.DIR. No.3/13.01.00/2010-11 dated May 3, 2011 on interest rates on deposits. 2. As indicated in the Second Quarter Revi
RBI/2011-12/281 UBD.BPD.(PCB)CIR No.13/13.01.000/2011-12 November 25, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate Please refer to our circular No.UBD.BPD.(PCB)CIR No.45/13.01.00/2010-11 dated May 3,@@NBSP@@ 2011 enclosing@@NBSP@@ a Directive @@NBSP@@UBD.BPD.DIR. No.3/13.01.00/2010-11 dated May 3, 2011 on interest rates on deposits. 2. As indicated in the Second Quarter Revi
നവം 24, 2011
Interest Rates on FCNR(B) deposits - UCBs
RBI/2011-12/280 UBD.BPD.AD.CIR No. 4/13.01.000/2011-12 November 24, 2011 The Chief Executive Officers All AD Category-I UCBs Dear Sir/Madam Interest Rates on FCNR(B) deposits - UCBs Please refer to our circular UBD.BPD.AD.Cir No.26/13.01.000/2008-09 dated November 17, 2008 on the captioned subject. 2. In view of the prevailing market conditions, it has been decided that until further notice and with effect from close of business in India as on November 23, 2011, the i
RBI/2011-12/280 UBD.BPD.AD.CIR No. 4/13.01.000/2011-12 November 24, 2011 The Chief Executive Officers All AD Category-I UCBs Dear Sir/Madam Interest Rates on FCNR(B) deposits - UCBs Please refer to our circular UBD.BPD.AD.Cir No.26/13.01.000/2008-09 dated November 17, 2008 on the captioned subject. 2. In view of the prevailing market conditions, it has been decided that until further notice and with effect from close of business in India as on November 23, 2011, the i
നവം 24, 2011
Interest Rates on Non-Resident (External) Rupee (NRE) Deposits - UCBs
RBI/2011-12/279 UBD.BPD. (PCB) CIR No. 12/13.01.000/2011-12 November 24, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam Interest Rates on Non-Resident (External) Rupee (NRE) Deposits - UCBs Please refer to our circular UBD(PCB) CO BPD Cir No.25/13.01.000/2008-09 dated November 17, 2008 on the captioned subject. 2. In view of the prevailing market conditions, it has been decided that until further notice and with effect from clo
RBI/2011-12/279 UBD.BPD. (PCB) CIR No. 12/13.01.000/2011-12 November 24, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam Interest Rates on Non-Resident (External) Rupee (NRE) Deposits - UCBs Please refer to our circular UBD(PCB) CO BPD Cir No.25/13.01.000/2008-09 dated November 17, 2008 on the captioned subject. 2. In view of the prevailing market conditions, it has been decided that until further notice and with effect from clo
നവം 23, 2011
Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) Deposits
RBI/2011-12/275 DBOD.Dir.BC. 59/13.03.00/2011-12 November 23, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) Deposits 1. Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to paragraph 1 of our circular DBOD.No.Dir.BC.82/13.03.00/2008-09 dated November 15, 2008 on Interest Rates on Deposits held in Non-Resident (External) Rupee (NRE) Accounts. In vi
RBI/2011-12/275 DBOD.Dir.BC. 59/13.03.00/2011-12 November 23, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) Deposits 1. Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to paragraph 1 of our circular DBOD.No.Dir.BC.82/13.03.00/2008-09 dated November 15, 2008 on Interest Rates on Deposits held in Non-Resident (External) Rupee (NRE) Accounts. In vi
നവം 21, 2011
Banks as sponsors to Infrastructure Debt Funds
RBI/2011-12/269 DBOD.FSD.BC.No. 57/24.01.006/2011-12 November 21, 2011 The Chairmen and Managing Directors / Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Banks as sponsors to Infrastructure Debt Funds (IDFs) In order to accelerate and enhance the flow of long term funds to infrastructure projects for undertaking the Government’s ambitious programme of infrastructure development, Union Finance Minister in his budget speech for 2
RBI/2011-12/269 DBOD.FSD.BC.No. 57/24.01.006/2011-12 November 21, 2011 The Chairmen and Managing Directors / Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Banks as sponsors to Infrastructure Debt Funds (IDFs) In order to accelerate and enhance the flow of long term funds to infrastructure projects for undertaking the Government’s ambitious programme of infrastructure development, Union Finance Minister in his budget speech for 2
നവം 21, 2011
Frauds - Classification and Reporting
RBI 2011-12/266 DBS.FrMC.BC.No.4/23.04.001/2011-12 November 21, 2011 The Chairmen & Chief Executive Officers of all Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions Dear Sir, Frauds – Classification and Reporting Please refer to our letter DBS. FrMC. BC. No.1 /23.04.001/2011-12 dated July 01, 2011 forwarding the Master Circular on 'Frauds – Classification and Reporting'. 2. Following the constitution of Financial Conglomerate
RBI 2011-12/266 DBS.FrMC.BC.No.4/23.04.001/2011-12 November 21, 2011 The Chairmen & Chief Executive Officers of all Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions Dear Sir, Frauds – Classification and Reporting Please refer to our letter DBS. FrMC. BC. No.1 /23.04.001/2011-12 dated July 01, 2011 forwarding the Master Circular on 'Frauds – Classification and Reporting'. 2. Following the constitution of Financial Conglomerate
നവം 17, 2011
NEFT - Access Criteria for Regional Rural Banks (RRBs)
RBI/2011-12/263 DPSS (CO) EPPD No. /838/04.03.01/2011-12 November 17, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks / Regional Rural Banks Madam / Dear Sir, NEFT - Access Criteria for Regional Rural Banks (RRBs) Please refer to our circular DPSS.CO.OD. 494 / 04.04.009 / 2011-12 dated September 21, 2011 laying down the access criteria for payment systems. We have been receiving many queries from banks on applicability
RBI/2011-12/263 DPSS (CO) EPPD No. /838/04.03.01/2011-12 November 17, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks / Regional Rural Banks Madam / Dear Sir, NEFT - Access Criteria for Regional Rural Banks (RRBs) Please refer to our circular DPSS.CO.OD. 494 / 04.04.009 / 2011-12 dated September 21, 2011 laying down the access criteria for payment systems. We have been receiving many queries from banks on applicability
നവം 15, 2011
Interest Rates on Export Credit in Foreign Currency
RBI/2011-12/258 DBOD.DIR.No. 52 /04.02.001/2011-12 November 15, 2011 All Scheduled Commercial Banks Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.(Exp).No.76/04.02.001/2009-10 dated February 19, 2010 as also paragraph 7 of Master Circular on Rupee/Foreign Currency Export Credit and Customer Service to Exporters dated July 01, 2011@@NBSP@@ relating to export credit in foreign currency. 2. Keeping in view the t
RBI/2011-12/258 DBOD.DIR.No. 52 /04.02.001/2011-12 November 15, 2011 All Scheduled Commercial Banks Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.(Exp).No.76/04.02.001/2009-10 dated February 19, 2010 as also paragraph 7 of Master Circular on Rupee/Foreign Currency Export Credit and Customer Service to Exporters dated July 01, 2011@@NBSP@@ relating to export credit in foreign currency. 2. Keeping in view the t
നവം 09, 2011
UCBs - PMLA, 2002 - Reporting to FIU-India- Reporting Format under Project FINnet
RBI/2011-2012/254 UBD. CO. BPD. No.10/12.05.001 / 2011-12 November 9, 2011 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Prevention of Money Laundering Act, 2002 (PMLA) and Rules thereunder -Reporting of CTR,STR etc to FIU-India– Reporting Format under Project FINnet Please refer to para 3 of our circular UBD. CO. BPD (PCB) No. 1/12.05.001/2008-09 dated July 2, 2008 advising banks to file the various reports such as CTR / STR with th
RBI/2011-2012/254 UBD. CO. BPD. No.10/12.05.001 / 2011-12 November 9, 2011 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Prevention of Money Laundering Act, 2002 (PMLA) and Rules thereunder -Reporting of CTR,STR etc to FIU-India– Reporting Format under Project FINnet Please refer to para 3 of our circular UBD. CO. BPD (PCB) No. 1/12.05.001/2008-09 dated July 2, 2008 advising banks to file the various reports such as CTR / STR with th
നവം 09, 2011
UCBs - KYC Norms - Letter issued by UIDAI containing details of name, address and Aadhaar number
RBI/2011-12/253 UBD. BPD. (PCB) No. 8/12.05.001/2011-12 November 9, 2011 The Chief Executive Officer All Primary (Urban) 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 circular UBD. BPD. (PCB). No. 38 / 12.05.001/2010-11 dated March 15, 2011 enclosing a copy of the Government of India Notification No. 14/2010/F.No. 6/2/2007-
RBI/2011-12/253 UBD. BPD. (PCB) No. 8/12.05.001/2011-12 November 9, 2011 The Chief Executive Officer All Primary (Urban) 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 circular UBD. BPD. (PCB). No. 38 / 12.05.001/2010-11 dated March 15, 2011 enclosing a copy of the Government of India Notification No. 14/2010/F.No. 6/2/2007-
നവം 04, 2011
Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account
RBI/2011-12/ 252 DBOD.BP.BC.No. 50 / 21.01.001/2011-12 November 4, 2011 The Chairmen/Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account Please refer to our circular DBOD.BP.BC.No.56/21.01.001/2005-06 dated January 23, 2006 in terms of which banks are prohibited from crediting 'account payee' cheques to the account of any person other than the payee
RBI/2011-12/ 252 DBOD.BP.BC.No. 50 / 21.01.001/2011-12 November 4, 2011 The Chairmen/Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account Please refer to our circular DBOD.BP.BC.No.56/21.01.001/2005-06 dated January 23, 2006 in terms of which banks are prohibited from crediting 'account payee' cheques to the account of any person other than the payee
നവം 04, 2011
Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques
RBI/2011-12/251 DBOD.AML BC.No.47/14.01.001/2011-12 November 4, 2011 The Chairmen/Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs)/Local Area Banks Dear Sir, Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques In India, it has been the usual practice among bankers to make payment of only such cheques and drafts as are presented for payment within a period of six months from the date of the instrument. 2.@@NBSP@@ It has been brought to the not
RBI/2011-12/251 DBOD.AML BC.No.47/14.01.001/2011-12 November 4, 2011 The Chairmen/Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs)/Local Area Banks Dear Sir, Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques In India, it has been the usual practice among bankers to make payment of only such cheques and drafts as are presented for payment within a period of six months from the date of the instrument. 2.@@NBSP@@ It has been brought to the not
നവം 04, 2011
Issue of Demand Drafts for Rs. 20,000/- and above
RBI/2011-12/250 DBOD.BP.BC. No.@@NBSP@@49/21.01.001/2011-12 November 4, 2011 The Chairmen / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Issue of Demand Drafts for Rs. 20,000/- and above As banks are aware, instruments with account payee crossing are required to be credited to the payee's account and not paid in cash over the counter. However, some unscrupulous elements use demand drafts without any crossing for transfer of money as an
RBI/2011-12/250 DBOD.BP.BC. No.@@NBSP@@49/21.01.001/2011-12 November 4, 2011 The Chairmen / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Issue of Demand Drafts for Rs. 20,000/- and above As banks are aware, instruments with account payee crossing are required to be credited to the payee's account and not paid in cash over the counter. However, some unscrupulous elements use demand drafts without any crossing for transfer of money as an
നവം 04, 2011
Customer Service - Non-Issuance of Passbooks to Savings Bank Accountholders (Individuals)
RBI/2011-12/249 DBOD No. Leg. BC 48 /09.07.005/2011-12 November 4, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Customer Service - Non-Issuance of Passbooks to Savings Bank Accountholders (Individuals) Please refer to our circular DBOD. No. Leg.BC.32/09.07.005/2006-07 dated October 4, 2006 on the captioned subject wherein banks were advised to invariably offer pass book facility to all its savings banks account holders (individuals) and in case banks
RBI/2011-12/249 DBOD No. Leg. BC 48 /09.07.005/2011-12 November 4, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Customer Service - Non-Issuance of Passbooks to Savings Bank Accountholders (Individuals) Please refer to our circular DBOD. No. Leg.BC.32/09.07.005/2006-07 dated October 4, 2006 on the captioned subject wherein banks were advised to invariably offer pass book facility to all its savings banks account holders (individuals) and in case banks
നവം 04, 2011
Repayment of Term/Fixed Deposits in banks
RBI/2011-12/248 DBOD No. Leg BC 46/09.07.005/2011-12 November 4, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Repayment of Term/Fixed Deposits in banks It has come to our notice that some banks insist on the signatures of both the depositors to allow repayment of money in fixed/term deposits, though the deposit account is opened with operating instructions (sometimes called ‘repayment instructions’), ‘Either or Survivor’ or ‘Former or Survivor’. Such
RBI/2011-12/248 DBOD No. Leg BC 46/09.07.005/2011-12 November 4, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Repayment of Term/Fixed Deposits in banks It has come to our notice that some banks insist on the signatures of both the depositors to allow repayment of money in fixed/term deposits, though the deposit account is opened with operating instructions (sometimes called ‘repayment instructions’), ‘Either or Survivor’ or ‘Former or Survivor’. Such
നവം 04, 2011
Interest Rates on Rupee Export Credit - UCBs
RBI/2011-12/246 UBD.BPD (AD) Cir.No.3/13.05.000/2011-12 November 3, 2011 The Chief Executive Officer Scheduled Primary (Urban) Co-operative Banks (holding AD Category I licence) Madam / Dear Sir Interest Rates on Rupee Export Credit - UCBs Please refer to@@NBSP@@ circular UBD.BPD.(PCB) Cir. No. 5/13.05.000/2010-11 dated January 11, 2011 extending the interest subvention on rupee export credit on specified export sectors till March 31, 2011. 2. Government of India has
RBI/2011-12/246 UBD.BPD (AD) Cir.No.3/13.05.000/2011-12 November 3, 2011 The Chief Executive Officer Scheduled Primary (Urban) Co-operative Banks (holding AD Category I licence) Madam / Dear Sir Interest Rates on Rupee Export Credit - UCBs Please refer to@@NBSP@@ circular UBD.BPD.(PCB) Cir. No. 5/13.05.000/2010-11 dated January 11, 2011 extending the interest subvention on rupee export credit on specified export sectors till March 31, 2011. 2. Government of India has
നവം 03, 2011
Guidelines on Commercial Real Estate (CRE)
RBI/2011-12/245 DBOD.BP.BC.No. 45 /08.12.015/2011-12 November 3, 2011 All Scheduled Commercial Banks (excluding RRBs ) Dear Sir, Guidelines on Commercial Real Estate (CRE) Please refer to the circular DBOD.No.Dir.(Hsg).BC.31/08.12.001/2009-10 dated August 27, 2009 on ‘Finance for Housing Projects’. Banks were advised, inter-alia, to stipulate a clause, in the terms and conditions of granting finance to specific housing/development projects, regarding disclosure of mor
RBI/2011-12/245 DBOD.BP.BC.No. 45 /08.12.015/2011-12 November 3, 2011 All Scheduled Commercial Banks (excluding RRBs ) Dear Sir, Guidelines on Commercial Real Estate (CRE) Please refer to the circular DBOD.No.Dir.(Hsg).BC.31/08.12.001/2009-10 dated August 27, 2009 on ‘Finance for Housing Projects’. Banks were advised, inter-alia, to stipulate a clause, in the terms and conditions of granting finance to specific housing/development projects, regarding disclosure of mor
നവം 02, 2011
Comprehensive Guidelines on Derivatives: Modifications
RBI/2011-12/243 DBOD.No.BP.BC. @@NBSP@@44 /21.04.157/2011-12 November 2, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs), All India Term-Lending & Refinancing Institutions & Primary Dealers Dear Sir, Comprehensive Guidelines on Derivatives: Modifications Please refer to our Circular DBOD No.BP.BC.86/21.04.157/2006-07 dated April 20, 2007 on Comprehensive Guidelines on Derivatives. T
RBI/2011-12/243 DBOD.No.BP.BC. @@NBSP@@44 /21.04.157/2011-12 November 2, 2011 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs), All India Term-Lending & Refinancing Institutions & Primary Dealers Dear Sir, Comprehensive Guidelines on Derivatives: Modifications Please refer to our Circular DBOD No.BP.BC.86/21.04.157/2006-07 dated April 20, 2007 on Comprehensive Guidelines on Derivatives. T
നവം 01, 2011
Deferred Payment Protocols between Government of India and erstwhile USSR
RBI/2011-12/240 A.P. (DIR Series) Circular No. 39 November 01, 2011 To, All Category - I Authorised Dealer Banks Madam / Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No.10 dated September 07, 2011, wherein the Rupee value of the special currency basket was indicated as Rs.66.9682 effective
RBI/2011-12/240 A.P. (DIR Series) Circular No. 39 November 01, 2011 To, All Category - I Authorised Dealer Banks Madam / Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No.10 dated September 07, 2011, wherein the Rupee value of the special currency basket was indicated as Rs.66.9682 effective
റിസർവ് ബാങ്ക് ഓഫ് ഇന്ത്യ മൊബൈൽ ആപ്ലിക്കേഷൻ ഇൻസ്റ്റാൾ ചെയ്ത് ഏറ്റവും പുതിയ വാർത്തകളിലേക്ക് വേഗത്തിലുള്ള ആക്സസ് നേടുക!
ഞങ്ങളുടെ ആപ്പ് ഇൻസ്റ്റാൾ ചെയ്യാൻ QR കോഡ് സ്കാൻ ചെയ്യുക.
പേജ് അവസാനം അപ്ഡേറ്റ് ചെയ്തത്: ജൂൺ 05, 2025
