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Notifications
جنوری 29, 2010
Third Quarter Review of Monetary Policy 2009-10
By Dr. D. Subbarao Governor This Policy Review statement should be read and understood together with the detailed review in Macroeconomic and Monetary Developments released yesterday by the Reserve Bank. The statement is organised in four sections. Section I provides an overview of global and domestic macroeconomic developments; Section II sets out the outlook and projections for growth, inflation, money and credit aggregates. Section III explains the stance of moneta
By Dr. D. Subbarao Governor This Policy Review statement should be read and understood together with the detailed review in Macroeconomic and Monetary Developments released yesterday by the Reserve Bank. The statement is organised in four sections. Section I provides an overview of global and domestic macroeconomic developments; Section II sets out the outlook and projections for growth, inflation, money and credit aggregates. Section III explains the stance of moneta
جنوری 29, 2010
Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR
RBI/2009-10/296 Ref: DBOD.No.Ret.BC. 71/12.01.001/2009-10 January 29, 2010 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.103/12.01.001/ 2008-09 dated January 02, 2009 on the captioned subject. 2. On the basis of the current macroeconomic assessment, as set out in the Third Quarter Review of Monetary Policy 2009-10 issued
RBI/2009-10/296 Ref: DBOD.No.Ret.BC. 71/12.01.001/2009-10 January 29, 2010 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.103/12.01.001/ 2008-09 dated January 02, 2009 on the captioned subject. 2. On the basis of the current macroeconomic assessment, as set out in the Third Quarter Review of Monetary Policy 2009-10 issued
جنوری 25, 2010
List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/293 DBOD. AML.No.13039/14.06.060/2009-10 January 25, 2010 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / Financial Institutions Dear Sir, List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter DBOD. AML.No.12841/14.06.060/2009-10 dated January 21, 2010. 2. Please find enclosed a copy of the corrigendum received from
RBI/2009-10/293 DBOD. AML.No.13039/14.06.060/2009-10 January 25, 2010 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / Financial Institutions Dear Sir, List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter DBOD. AML.No.12841/14.06.060/2009-10 dated January 21, 2010. 2. Please find enclosed a copy of the corrigendum received from
جنوری 21, 2010
List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI/2009-10/291 DBOD. AML. No. 12841 /14.06.060/2009-10 January 21, 2010 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / Financial Institutions Dear Sir, List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter DBOD. AML.No.11031/14.06.059/2009-10 dated December 21, 2009.@@NBSP@@ We have since received from Government of India (Mi
RBI/2009-10/291 DBOD. AML. No. 12841 /14.06.060/2009-10 January 21, 2010 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / Financial Institutions Dear Sir, List of Terrorist Individuals/ Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter DBOD. AML.No.11031/14.06.059/2009-10 dated December 21, 2009.@@NBSP@@ We have since received from Government of India (Mi
جنوری 13, 2010
Retail Issue of Subordinated Debt for Raising Tier II Capital
RBI/2009-10/287 DBOD.BP.BC.No. 69 / 21.01.002/ 2009-10 @@NBSP@@January 13, 2010 All Commercial Banks (excluding RRBs ) Dear Sir, Retail Issue of Subordinated Debt for Raising Tier II Capital Please refer to our circular DBOD.No.BP.BC. 38 /21.01.002/2009-10 September 7, 2009 on ‘Issue of Subordinated Debt for Raising Tier II Capital’. 2. Some banks have indicated that they would like to issue subordinated debt to retail investors. With a view to enhancing investor educ
RBI/2009-10/287 DBOD.BP.BC.No. 69 / 21.01.002/ 2009-10 @@NBSP@@January 13, 2010 All Commercial Banks (excluding RRBs ) Dear Sir, Retail Issue of Subordinated Debt for Raising Tier II Capital Please refer to our circular DBOD.No.BP.BC. 38 /21.01.002/2009-10 September 7, 2009 on ‘Issue of Subordinated Debt for Raising Tier II Capital’. 2. Some banks have indicated that they would like to issue subordinated debt to retail investors. With a view to enhancing investor educ
جنوری 12, 2010
Prevention of Money-laundering Rules - Amendment - Obligation of Banks/FIs
RBI/2009-10/285 DBOD. AML.BC. No. 68 /14.01.001/2009-10 January 12,@@NBSP@@ 2010 The Chairmen and Chief Executive Officers (All Scheduled Commercial Banks excluding RRBs) / Financial Institutions/ Local Area Banks Dear Sir, Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients o
RBI/2009-10/285 DBOD. AML.BC. No. 68 /14.01.001/2009-10 January 12,@@NBSP@@ 2010 The Chairmen and Chief Executive Officers (All Scheduled Commercial Banks excluding RRBs) / Financial Institutions/ Local Area Banks Dear Sir, Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients o
جنوری 07, 2010
Disclosure in Balance Sheet - Bancassurance Business
RBI/2009-10/283 DBOD.No.FSD.BC. 67 /24.01.001/2009-10 January 7, 2010 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Disclosure in Balance Sheet – Bancassurance Business In order to increase transparency in the financial statements of banks, Reserve Bank of India has from time to time issued circulars to banks requiring disclosures in the ‘Notes to Accounts’ to their Balance Sheet.@@NBSP@@ These instructions were consolidated in the Master Circular No.DBOD.B
RBI/2009-10/283 DBOD.No.FSD.BC. 67 /24.01.001/2009-10 January 7, 2010 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Disclosure in Balance Sheet – Bancassurance Business In order to increase transparency in the financial statements of banks, Reserve Bank of India has from time to time issued circulars to banks requiring disclosures in the ‘Notes to Accounts’ to their Balance Sheet.@@NBSP@@ These instructions were consolidated in the Master Circular No.DBOD.B
جنوری 05, 2010
Prudential Norms on Creation and Utilisation of Floating Provisions
RBI/2009-2010/282 DBOD.No.FID.FIC.7/01.02.00/2009-10 January 5, 2010 The CEOs of the select All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Prudential Norms on Creation and Utilisation of Floating Provisions It has come to our notice that some of All India Financial Institutions (AIFIs) are using floating provisions to make specific provisions to meet the prudential guidelines by writing back the provisions to income ac
RBI/2009-2010/282 DBOD.No.FID.FIC.7/01.02.00/2009-10 January 5, 2010 The CEOs of the select All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Prudential Norms on Creation and Utilisation of Floating Provisions It has come to our notice that some of All India Financial Institutions (AIFIs) are using floating provisions to make specific provisions to meet the prudential guidelines by writing back the provisions to income ac
دسمبر 31, 2009
Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07
RBI/2009-10/281 Ref.DBS.ARS.BC.No.09/ 08.92.001/ 2009-10 @@NBSP@@December 31, 2009 The Chairman & Managing Director, all Nationalised Banks and The Managing Director, Associate Banks of SBI Dear Sir/Madam, Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07 Please refer to our circular DBS.ARS.No.BC.3/08.92.001/2007-08 dated July 25, 2007 on the captioned subject. 2. The matter regarding assignment of the
RBI/2009-10/281 Ref.DBS.ARS.BC.No.09/ 08.92.001/ 2009-10 @@NBSP@@December 31, 2009 The Chairman & Managing Director, all Nationalised Banks and The Managing Director, Associate Banks of SBI Dear Sir/Madam, Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07 Please refer to our circular DBS.ARS.No.BC.3/08.92.001/2007-08 dated July 25, 2007 on the captioned subject. 2. The matter regarding assignment of the
دسمبر 31, 2009
UCBs - List of Terrorist Individuals / Organisations - under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2009-10/280 UBD (PCB) CO.BPD. Cir. No. 40 /14.01.062/2009-10 December 31, 2009 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, List of Terrorist individuals / organizations – under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida organisation Please refer to our circular UBD (PCB) CO.BPD. Cir. No.32 / 14.01.062 / 2009-10 dated December 17, 2009 on the above subject. We have since received from Government of India (Min
RBI/2009-10/280 UBD (PCB) CO.BPD. Cir. No. 40 /14.01.062/2009-10 December 31, 2009 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, List of Terrorist individuals / organizations – under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida organisation Please refer to our circular UBD (PCB) CO.BPD. Cir. No.32 / 14.01.062 / 2009-10 dated December 17, 2009 on the above subject. We have since received from Government of India (Min
دسمبر 30, 2009
UCBs - Liquidity Risk Management System in Non Scheduled Banks - Reporting
RBI/2009-10/277 UBD.BPD.(PCB).Cir No. 39 /12.05.001/2009-10 December 30, 2009 The Chief Executive Officers All Non-Scheduled Primary (Urban) Cooperative Banks Dear Sir / Madam UCBs - Liquidity Risk Management System in Non Scheduled Banks – Reporting Please refer to our circular UBD.PCB.Cir No. 12 & 13/12.05.001/2008-09 dated September 17, 2008 prescribing Asset Liability Managerment (ALM) including Liquidity Risk Management guidelines to be followed by Non-Schedu
RBI/2009-10/277 UBD.BPD.(PCB).Cir No. 39 /12.05.001/2009-10 December 30, 2009 The Chief Executive Officers All Non-Scheduled Primary (Urban) Cooperative Banks Dear Sir / Madam UCBs - Liquidity Risk Management System in Non Scheduled Banks – Reporting Please refer to our circular UBD.PCB.Cir No. 12 & 13/12.05.001/2008-09 dated September 17, 2008 prescribing Asset Liability Managerment (ALM) including Liquidity Risk Management guidelines to be followed by Non-Schedu
دسمبر 30, 2009
Eligibility Criteria for Establishment of Branch / Liaison Office in India
RBI/2009-2010/278 A. P. (DIR Series) Circular No. 23 @@NBSP@@December 30, 2009 To All Authorised Dealers Category - I Banks Madam / Sir, Establishment of Branch Office (BO)/Liaison Office (LO) in India by Foreign Entities - Eligibility Criteria and Procedural Guidelines Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to Notification No. FEMA 22/2000-RB dated May 3, 2000 viz. Foreign Exchange Management (Establishment in India of Branch o
RBI/2009-2010/278 A. P. (DIR Series) Circular No. 23 @@NBSP@@December 30, 2009 To All Authorised Dealers Category - I Banks Madam / Sir, Establishment of Branch Office (BO)/Liaison Office (LO) in India by Foreign Entities - Eligibility Criteria and Procedural Guidelines Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to Notification No. FEMA 22/2000-RB dated May 3, 2000 viz. Foreign Exchange Management (Establishment in India of Branch o
دسمبر 30, 2009
Establishment of Branch/Liaison Offices in India by Foreign Entities
RBI/2009-2010/279 A. P. (DIR Series) Circular No.24 December 30, 2009 To All Authorised Dealers Category - I Banks Madam / Sir, Establishment of Branch (BO) / Liaison Offices (LO) in India by Foreign Entities — Delegation of Powers Attention of Authorised Dealer Category – I banks is invited to Notification No. FEMA 22/2000-RB dated May 3, 2000 viz. Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business) Regulations, 2000 as
RBI/2009-2010/279 A. P. (DIR Series) Circular No.24 December 30, 2009 To All Authorised Dealers Category - I Banks Madam / Sir, Establishment of Branch (BO) / Liaison Offices (LO) in India by Foreign Entities — Delegation of Powers Attention of Authorised Dealer Category – I banks is invited to Notification No. FEMA 22/2000-RB dated May 3, 2000 viz. Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business) Regulations, 2000 as
دسمبر 23, 2009
Loans extended by banks to MFs and Issue of IPCs
RBI/2009-10/272 DBOD.Dir.BC. 66 /13.03.00/2009-10 December 23, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Banks' Exposure to Capital Market – Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs) Please refer to our circular No.DBOD.Dir.BC.139/13.03.00/2009-10 dated June 25, 2009 in terms of which the transition period allowed to banks to comply with the requirements contained in our circular No. DBOD.Dir.BC.57/
RBI/2009-10/272 DBOD.Dir.BC. 66 /13.03.00/2009-10 December 23, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Banks' Exposure to Capital Market – Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs) Please refer to our circular No.DBOD.Dir.BC.139/13.03.00/2009-10 dated June 25, 2009 in terms of which the transition period allowed to banks to comply with the requirements contained in our circular No. DBOD.Dir.BC.57/
دسمبر 23, 2009
UCBs - KYC Guidelines - Accounts of Proprietary Concerns
RBI/2009-10/271 UBD.BPD.CO.NSBI/ 38 /12.03.000/2009-10 December 23, 2009 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Sir / Madam, Know Your Customer (KYC) Guidelines – Accounts of Proprietary Concern Please refer to the circular UBD.BPD.CO/NSB1/11/12.03.000/2009-10 dated September 29, 2009 on the captioned subject. In partial modification of paragraph 3 (ii) thereof, it is advised that apart from the documents mentioned therein, any cert
RBI/2009-10/271 UBD.BPD.CO.NSBI/ 38 /12.03.000/2009-10 December 23, 2009 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Sir / Madam, Know Your Customer (KYC) Guidelines – Accounts of Proprietary Concern Please refer to the circular UBD.BPD.CO/NSB1/11/12.03.000/2009-10 dated September 29, 2009 on the captioned subject. In partial modification of paragraph 3 (ii) thereof, it is advised that apart from the documents mentioned therein, any cert
دسمبر 21, 2009
List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida organsaition
RBI/2009-10/268 DBOD. AML. No.11031/14.06.059/2009-10 December 21, 2009 The Chairman / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / Financial Institutions Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida organsaition Please refer to our circular letter DBOD. AML.No.10250/14.06.058/2009-10 dated December 9, 2009.@@NBSP@@ We have since received from Government of India (Minis
RBI/2009-10/268 DBOD. AML. No.11031/14.06.059/2009-10 December 21, 2009 The Chairman / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / Financial Institutions Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida organsaition Please refer to our circular letter DBOD. AML.No.10250/14.06.058/2009-10 dated December 9, 2009.@@NBSP@@ We have since received from Government of India (Minis
دسمبر 21, 2009
Settlement of Interest Rate Futures (IRF) - UCBs
RBI/2009-10/267 UBD. BPD. (PCB).Cir. No. 37 / 13.01.000/ 2009-10 December 21, 2009 Chief Executive Officer of All Primary (Urban) Cooperative Banks Dear Sir/ Madam Settlement of Interest Rate Futures (IRF) - UCBs Please refer to circular UBD (PCB) BPD Cir No. 17 /13.01.000/2009-10 dated October 28, 2009 on the introduction of Exchange Traded Interest Rate Futures (IRFs). 2. As regards the settlement mechanism for the IRF contracts, it has been decided that all entitie
RBI/2009-10/267 UBD. BPD. (PCB).Cir. No. 37 / 13.01.000/ 2009-10 December 21, 2009 Chief Executive Officer of All Primary (Urban) Cooperative Banks Dear Sir/ Madam Settlement of Interest Rate Futures (IRF) - UCBs Please refer to circular UBD (PCB) BPD Cir No. 17 /13.01.000/2009-10 dated October 28, 2009 on the introduction of Exchange Traded Interest Rate Futures (IRFs). 2. As regards the settlement mechanism for the IRF contracts, it has been decided that all entitie
دسمبر 17, 2009
UCBs - Investment in Government and other approved Securities
RBI/2009-10/262 UBD (PCB) BPD Cir No. 34/16.26.000/2009-10 December 17, 2009 Chief Executive Officer of All Primary (urban) Cooperative Banks Dear Sir/ Madam Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) Section 24- Investment in Government and other approved securities by Urban Co-operative Banks (UCBs) Please refer to our circulars UBD.BR.Cir.19/16.26.00/2001-02@@NBSP@@dated October 22, 2001 and UBD (PCB) CO BPD Cir No: 28 /16.26.00/2008-09
RBI/2009-10/262 UBD (PCB) BPD Cir No. 34/16.26.000/2009-10 December 17, 2009 Chief Executive Officer of All Primary (urban) Cooperative Banks Dear Sir/ Madam Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) Section 24- Investment in Government and other approved securities by Urban Co-operative Banks (UCBs) Please refer to our circulars UBD.BR.Cir.19/16.26.00/2001-02@@NBSP@@dated October 22, 2001 and UBD (PCB) CO BPD Cir No: 28 /16.26.00/2008-09
دسمبر 17, 2009
UCBs - KYC Norms/AML Standards/Combating Financing of Terrorism CFT
RBI/2009-10/260 UBD (PCB) CO.BPD. Cir. No. 33 /14.01.062/2009-10 December 17, 2009 The Chief Executive Officers of All AD I Category Urban Co-operative Banks (As per List enclosed) Dear Sir / Madam, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) Please refer to our circular UBD (PCB) CO.BPD.Cir.No.18/14.01.062/2009-10 dated October 28, 2009 on risks arising from the deficiencies in AML / CFT regime of
RBI/2009-10/260 UBD (PCB) CO.BPD. Cir. No. 33 /14.01.062/2009-10 December 17, 2009 The Chief Executive Officers of All AD I Category Urban Co-operative Banks (As per List enclosed) Dear Sir / Madam, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) Please refer to our circular UBD (PCB) CO.BPD.Cir.No.18/14.01.062/2009-10 dated October 28, 2009 on risks arising from the deficiencies in AML / CFT regime of
دسمبر 17, 2009
UCBs - List of Terrorist individuals / organizations - under UNSCR 1267 (1999) and 1822(2008) on Taliban / Al-Qaida Organisation
RBI/2009-10/259 UBD (PCB) CO.BPD. Cir. No.32 /14.01.062/2009-10 December 17, 2009 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, List of Terrorist individuals/organizations –under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida organisation Please refer to our circular UBD (PCB) CO.BPD.Cir.No.31/14.01.062/2009-10 dated December 16, 2009 on the above subject. We have since received from Government of India (Ministry of Ex
RBI/2009-10/259 UBD (PCB) CO.BPD. Cir. No.32 /14.01.062/2009-10 December 17, 2009 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, List of Terrorist individuals/organizations –under UNSCR 1267 (1999) and 1822 (2008) on Taliban/Al-Qaida organisation Please refer to our circular UBD (PCB) CO.BPD.Cir.No.31/14.01.062/2009-10 dated December 16, 2009 on the above subject. We have since received from Government of India (Ministry of Ex
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