Notifications

By Dr. Raghuram G. Rajan Governor Part A. Monetary Policy Monetary and Liquidity Measures Following an assessment of the evolving macroeconomic situation, the Reserve Bank has decided to: reduce the marginal standing facility (MSF) rate by 25 basis points from 9.0 per cent to 8.75 per cent with immediate effect; increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5@@NBSP@@ per cent to 7.75 per cent with immediate effec

RBI/2013-14/342 DBOD.AML.BC.No.63/14.01.001/2013-14 October 29, 2013 The Chairmen / Chief Executive Officers of All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Due diligence in correspondent banking relationship. Please refer to paragraph 2.16 of our Master Circular DBOD. AML.BC.24/14.01.001/2012-13 dated July 1, 2013 on ‘Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT) / Obliga

Ref.No.IDMD/1294/08.02.032/2013-14 October 28, 2013 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India have offered to sell (Re-issue) (a) “8.12 percent Government Stock 2020” for a notified amount of `.4,000 crore (nominal) through a price based auction using uniform price metho

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated October 28, 2013 NOTIFICATION Auction for Sale (Re-issue) of ‘8.12 per cent Government Stock, 2020’ F. No.4 (5) W&M/2013: Government of India hereby notifies sale (re-issue) of ‘8.12 per cent Government Stock, 2020’ (hereinafter called 'the Stock') for an aggregate amount of `. 4,000 crore (nominal). The sale will be subject to the terms and conditions spelt out

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated October 28, 2013 NOTIFICATION Auction for Sale (Re-issue ) of ‘8.28 per cent Government Stock, 2027' F. No.4 (5)-W&M/2013(i): Government of India hereby notifies sale (reissue) of ‘8.28 per cent Government Stock, 2027’ (hereinafter called 'the Stock') for an aggregate amount of `.6,000 crore (nominal). The sale will be subject to the terms and conditions spelt o

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated October 28, 2013 NOTIFICATION Auction for Sale (Re-issue) of ‘9.20 per cent Government Stock, 2030’ F. No.4 (2) W&M/2013(ii): Government of India hereby notifies sale (re- issue) of 9.20 Government Stock, 2030 (hereinafter called the Stock) for an aggregate amount of `. 2,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated October 28, 2013 NOTIFICATION Auction for Sale (Re-issue) of ‘8.83 per cent Government Stock, 2041’ F. No.4 (5) W&M/2013 (iii): Government of India hereby notifies sale (re-issue) of ‘8.83 per cent Government Stock, 2041’ (hereinafter called 'the Stock') for an aggregate amount of `. 2,000 crore (nominal). The sale will be subject to the terms and conditions spe

RBI/2013-14/336 UBD.CO.LS.(PCB).Cir.No. 30/07.01.000/2013-14 October 15, 2013 Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir/ Madam, Section 23 of B. R. Act, 1949 (AACS) - Authorization for Specialized Branches – Central Processing Centres (CPCs) / Retail Assets Processing Centres etc. We have of late been receiving requests from banks for setting up of Specialized Branches like Central Processing Centres (CPCs)/ Retail Assets Processing C

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated October 23, 2013 NOTIFICATION Auction for Sale (Re-issue) of 1.44% Inflation Indexed Government Stock 2023 F. No.4 (16) W&M/2012: Government of India hereby notifies sale (re-issue) of 1.44% Inflation Indexed Government Stock-2023 (securities) for an aggregate amount of `1,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in thi

RBI/2013-14/334 DBOD.NO.PSBD.BC.62/16.13.100/ 2013-14 October 23, 2013 All Private Sector Banks Dear Sir, Amendments to Banking Regulation Act 1949 -- Banking Laws (Amendment) Act 2012 - Applicability to private sector banks As you are aware, the Government of India, Ministry of Finance, notified the Banking Law Amendments Act, 2012, vide Gazette Notification dated January 17, 2013, (published in Part II- Section 3--sub-section (ii) of the Gazette of India No.177 date