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Notifications
جون 16, 2009
UCBs - Credit delivery to Micro and Small Enterprises Sector
RBI/2008-09/501 UBD.BPD.No. 71/09.09.001/2008-09 June 16, 2009 Chief Executive Officer Primary (Urban) Cooperative Banks Dear Sir / Madam, Credit delivery to the Micro and Small Enterprises Sector In recognition of the problems being faced by the Micro and Small Enterprises (MSE) sector, particularly with respect to rehabilitation of potentially viable sick units, the Reserve Bank had constituted a Working Group under the Chairmanship of Dr. K. C. Chakrabarty, Chairma
RBI/2008-09/501 UBD.BPD.No. 71/09.09.001/2008-09 June 16, 2009 Chief Executive Officer Primary (Urban) Cooperative Banks Dear Sir / Madam, Credit delivery to the Micro and Small Enterprises Sector In recognition of the problems being faced by the Micro and Small Enterprises (MSE) sector, particularly with respect to rehabilitation of potentially viable sick units, the Reserve Bank had constituted a Working Group under the Chairmanship of Dr. K. C. Chakrabarty, Chairma
جون 15, 2009
Declaration of dividend by UCBs
RBI/2008-09/497 UBD.CO. BPD. (PCB) Cir. No. 70@@NBSP@@ /12.05.001/2008-09 June 15, 2009 To Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam Declaration of dividend by UCBs Please refer to our circular BSD.IP.PCB.16/12.05.03/2003-04 dated September 19, 2003 on the captioned subject advising the criteria for declaration of dividend by UCBs. As per the extant instructions, UCBs classified in grade other than Grade II to IV may declare divid
RBI/2008-09/497 UBD.CO. BPD. (PCB) Cir. No. 70@@NBSP@@ /12.05.001/2008-09 June 15, 2009 To Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam Declaration of dividend by UCBs Please refer to our circular BSD.IP.PCB.16/12.05.03/2003-04 dated September 19, 2003 on the captioned subject advising the criteria for declaration of dividend by UCBs. As per the extant instructions, UCBs classified in grade other than Grade II to IV may declare divid
جون 12, 2009
Relaxations in Branch Authorisation Policy - Off Site ATMs
RBI/2008-09/496 DBOD.No. BL.BC. 137 /22.01.001/2008-09 June 12, 2009 Jyeshtha 21,1931(Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Section 23 of Banking Regulation Act, 1949 - Relaxations in Branch Authorisation Policy - Off Site ATMs In terms of the extant guidelines as contained in paragraph 1 of the Master Circular DBOD.No. BL.BC.21/22.01.001/2008-09 dated July 1, 2008, banks are required to obtain the prior approval of Reserve Bank of India befo
RBI/2008-09/496 DBOD.No. BL.BC. 137 /22.01.001/2008-09 June 12, 2009 Jyeshtha 21,1931(Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Section 23 of Banking Regulation Act, 1949 - Relaxations in Branch Authorisation Policy - Off Site ATMs In terms of the extant guidelines as contained in paragraph 1 of the Master Circular DBOD.No. BL.BC.21/22.01.001/2008-09 dated July 1, 2008, banks are required to obtain the prior approval of Reserve Bank of India befo
جون 11, 2009
Network based operations - RBI Supported Systems
DIT.CO.(Pol).Cir 1/2942/09.63.26 /2008-09 May 04, 2009 The Chief Executives of all Commercial Banks Dear Sir / Madam, Network based operations – RBI Supported Systems Please refer to the Annual Policy statement of the Governor, Reserve Bank of India, announced on April 21, 2009 ((cf. paragraph 154). The network based communication facilities relating to critical IT based payment and other systems supported by the Reserve Bank, are being improved, based on technologica
DIT.CO.(Pol).Cir 1/2942/09.63.26 /2008-09 May 04, 2009 The Chief Executives of all Commercial Banks Dear Sir / Madam, Network based operations – RBI Supported Systems Please refer to the Annual Policy statement of the Governor, Reserve Bank of India, announced on April 21, 2009 ((cf. paragraph 154). The network based communication facilities relating to critical IT based payment and other systems supported by the Reserve Bank, are being improved, based on technologica
جون 05, 2009
Closure of fraud cases - relaxation in the existing norms
RBI/2008-09/492 DBS. CO. FrMC. BC. No. 7/23.04.001/2008-09 June 05, 2009 Heads of all scheduled commercial banks (excluding RRBs). Dear Sir / Madam, Closure of fraud cases - relaxation in the existing norms Please refer to our Master Circular DBS.FrMC.BC.No 15 / 23.04.001 / 2007-08 dated July 1, 2008 on Frauds – Classification and Reporting. In terms of para 4.1.4 of the above circular, banks can close fraud cases only after: (a) the fraud cases pending with CBI / Pol
RBI/2008-09/492 DBS. CO. FrMC. BC. No. 7/23.04.001/2008-09 June 05, 2009 Heads of all scheduled commercial banks (excluding RRBs). Dear Sir / Madam, Closure of fraud cases - relaxation in the existing norms Please refer to our Master Circular DBS.FrMC.BC.No 15 / 23.04.001 / 2007-08 dated July 1, 2008 on Frauds – Classification and Reporting. In terms of para 4.1.4 of the above circular, banks can close fraud cases only after: (a) the fraud cases pending with CBI / Pol
جون 02, 2009
Foreign Exchange Management (Deposit) (Amendment) Regulations, 2009
Reserve Bank of India Foreign Exchange Department Central Office Mumbai 400 001 Notification No.FEMA.193/2009-RB Date: June 2, 2009 Foreign Exchange Management (Deposit) (Amendment) Regulations, 2009 In exercise of the powers conferred by clause (f) of sub section (3) of section 6 and sub section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Depo
Reserve Bank of India Foreign Exchange Department Central Office Mumbai 400 001 Notification No.FEMA.193/2009-RB Date: June 2, 2009 Foreign Exchange Management (Deposit) (Amendment) Regulations, 2009 In exercise of the powers conferred by clause (f) of sub section (3) of section 6 and sub section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Depo
مئی 29, 2009
Issue of Guarantees by banks
RBI/2008-2009/488 DBOD.No.DIR.BC.136/13.03.00/2008-09 May 29, 2009 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Issue of Guarantees by banks It is observed that, of late, certain banks, in terms of paragraph 2.4.2.3 (a) of the @@NBSP@@Master circular RBI/2008-09/79 DBOD.No.Dir.BC.18/13.03.00/2008-09 dated July 1, 2008 (extract attached) , have been issuing guarantees on behalf of corporate entities in respect of non-convertible debentures issued by such e
RBI/2008-2009/488 DBOD.No.DIR.BC.136/13.03.00/2008-09 May 29, 2009 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Issue of Guarantees by banks It is observed that, of late, certain banks, in terms of paragraph 2.4.2.3 (a) of the @@NBSP@@Master circular RBI/2008-09/79 DBOD.No.Dir.BC.18/13.03.00/2008-09 dated July 1, 2008 (extract attached) , have been issuing guarantees on behalf of corporate entities in respect of non-convertible debentures issued by such e
مئی 26, 2009
Capital Adequacy Norms for Banks’ Exposures to Central Counterparties(CCPs)
RBI/2008-09/485 DBOD.BP.BC. No.134/21.06.001/2008-09 May 26, 2009 The Chairman and Managing Directors/ Chief Executive Officers All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Capital Adequacy Norms for Banks’ Exposures to Central Counterparties(CCPs) Please refer to our Master Circular – Prudential Guidelines on Capital Adequacy and Market Discipline – Implementation of New Capital Adequacy Framework No. RBI/ 2008-09 /68.DBOD.No. BP.BC. 11 /21.06.0
RBI/2008-09/485 DBOD.BP.BC. No.134/21.06.001/2008-09 May 26, 2009 The Chairman and Managing Directors/ Chief Executive Officers All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Capital Adequacy Norms for Banks’ Exposures to Central Counterparties(CCPs) Please refer to our Master Circular – Prudential Guidelines on Capital Adequacy and Market Discipline – Implementation of New Capital Adequacy Framework No. RBI/ 2008-09 /68.DBOD.No. BP.BC. 11 /21.06.0
مئی 26, 2009
Relaxation to trade and industry in the state of Jammu and Kashmir
RBI/2008-09/484 DBOD. No. BP. BC. 135 /21.04.012/2008-09 May 26, 2009 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Relaxation to trade and industry in the state of Jammu and Kashmir Please refer to our circular DBOD.No.BP.BC.89/21.04.012/2007-2008 dated June 03, 2008 extending the period of concessions/credit relaxations to borrowers / customers in Jammu and Kashmir up to 31 March 2009. It has been decided that the concession
RBI/2008-09/484 DBOD. No. BP. BC. 135 /21.04.012/2008-09 May 26, 2009 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Relaxation to trade and industry in the state of Jammu and Kashmir Please refer to our circular DBOD.No.BP.BC.89/21.04.012/2007-2008 dated June 03, 2008 extending the period of concessions/credit relaxations to borrowers / customers in Jammu and Kashmir up to 31 March 2009. It has been decided that the concession
مئی 20, 2009
Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2009
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI Notification@@NBSP@@No.@@NBSP@@FEMA@@NBSP@@191/RB-2009 Dated@@NBSP@@May 20, 2009 Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) @@NBSP@@Regulations, 2009. In exercise of the powers conferred by clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999),@@NBSP@@ the Reserve Bank@@NBSP@@ hereby makes the following amendments
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI Notification@@NBSP@@No.@@NBSP@@FEMA@@NBSP@@191/RB-2009 Dated@@NBSP@@May 20, 2009 Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) @@NBSP@@Regulations, 2009. In exercise of the powers conferred by clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999),@@NBSP@@ the Reserve Bank@@NBSP@@ hereby makes the following amendments
مئی 11, 2009
Reconciliation of nostro account and treatment of outstanding entries
RBI/2008-09/475 DBOD.BP.BC.No.133/21.04.018/2008-09@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ @@NBSP@@@@NBSP@@May 11, 2009 The Chairmen/Chief Executives All Commercial Banks (exc
RBI/2008-09/475 DBOD.BP.BC.No.133/21.04.018/2008-09@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ @@NBSP@@@@NBSP@@May 11, 2009 The Chairmen/Chief Executives All Commercial Banks (exc
مئی 07, 2009
Prudential Guidelines on Restructuring of Advances by Select all-India Financial Institutions
RBI/2008-09/471 DBOD.No.FID.FIC 6/01.02.00/2008-09 May 7, 2009 The CEOs of select all-India Terms Lending and Refinancing Institutions (Exim Bank, NABARD, NHB & SIDBI) Dear Sir, Prudential Guidelines on Restructuring of Advances by Select all-India Financial Institutions In continuation of our circular DBOD.No.FID.FIC.5/01.02.00/2008-09 dated@@NBSP@@ February 26, 2009 on the above subject, please find enclosed a copy of Circular DBOD.No. BP.BC. 121/21.04.132/2008-
RBI/2008-09/471 DBOD.No.FID.FIC 6/01.02.00/2008-09 May 7, 2009 The CEOs of select all-India Terms Lending and Refinancing Institutions (Exim Bank, NABARD, NHB & SIDBI) Dear Sir, Prudential Guidelines on Restructuring of Advances by Select all-India Financial Institutions In continuation of our circular DBOD.No.FID.FIC.5/01.02.00/2008-09 dated@@NBSP@@ February 26, 2009 on the above subject, please find enclosed a copy of Circular DBOD.No. BP.BC. 121/21.04.132/2008-
مئی 07, 2009
Payment of interest on ACU USD/EUR Accounts
RBI. No. 2008-09 /472 DBOD. No. Dir. BC. 132/13.03.00/2008-09 May 7, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Asian Clearing Union (ACU) @@NBSP@@- Payment of interest on ACU USD/EUR Accounts In terms of our circular DBOD. No. Dir. BC. 58/13.01.09/2000 dated December 19, 2000 banks operating in India have been allowed to pay interest, at their discretion, on ACU Dollar Vostro Accounts. 2.@@NBSP@@ Pursuant to a decision taken by the Board of Directo
RBI. No. 2008-09 /472 DBOD. No. Dir. BC. 132/13.03.00/2008-09 May 7, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Asian Clearing Union (ACU) @@NBSP@@- Payment of interest on ACU USD/EUR Accounts In terms of our circular DBOD. No. Dir. BC. 58/13.01.09/2000 dated December 19, 2000 banks operating in India have been allowed to pay interest, at their discretion, on ACU Dollar Vostro Accounts. 2.@@NBSP@@ Pursuant to a decision taken by the Board of Directo
مئی 06, 2009
UCBs - Extension of Area of Operation - Liberalisation
RBI/2008-09/469 UBD.CO.LS.Cir.No. 66 /07.01.000/2008-09 May 6, 2009 All Primary (Urban) Cooperative Banks Dear Sir/Madam Annual Policy Statement for the year 2009-10- Extension of Area of Operation (AOO)-Liberalisation Please refer to para 163 of the Annual Policy Statement 2009-10 (copy enclosed) in terms of which, it has been decided to permit extension of area of operation to well-functioning Primary (Urban) Cooperative Banks (UCBs) in the States that have signed M
RBI/2008-09/469 UBD.CO.LS.Cir.No. 66 /07.01.000/2008-09 May 6, 2009 All Primary (Urban) Cooperative Banks Dear Sir/Madam Annual Policy Statement for the year 2009-10- Extension of Area of Operation (AOO)-Liberalisation Please refer to para 163 of the Annual Policy Statement 2009-10 (copy enclosed) in terms of which, it has been decided to permit extension of area of operation to well-functioning Primary (Urban) Cooperative Banks (UCBs) in the States that have signed M
اپریل 29, 2009
UCBs - Need for Bank Branches / ATMs to be made accessible to persons with disabilities
RBI/2008-09/464 UBD.CO. BPD. (PCB) Cir. No. 63/9.39.000/2008-09 April 29, 2009 @@NBSP@@ To Chief Executive Officer All Primary (Urban) Co-operative Banks @@NBSP@@ Dear Sir / Madam @@NBSP@@ Need for Bank Branches / ATMs to be made accessible to persons with disabilities @@NBSP@@ We have been receiving several suggestions including from Government of India to make bank branches and ATMs easily accessible to persons with disability by providing ramps so that wheel chair
RBI/2008-09/464 UBD.CO. BPD. (PCB) Cir. No. 63/9.39.000/2008-09 April 29, 2009 @@NBSP@@ To Chief Executive Officer All Primary (Urban) Co-operative Banks @@NBSP@@ Dear Sir / Madam @@NBSP@@ Need for Bank Branches / ATMs to be made accessible to persons with disabilities @@NBSP@@ We have been receiving several suggestions including from Government of India to make bank branches and ATMs easily accessible to persons with disability by providing ramps so that wheel chair
اپریل 29, 2009
Rupee Export Credit Interest Rates
RBI/2008-09/466 DBOD.Dir.(Exp).BC.No.131/04.02.001/2008-09 April 29, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Rupee Export Credit Interest Rates Please refer to our circulars DBOD.Dir.(Exp.)No.68/04.02.01/2008-09, DBOD.Dir.(Exp.)No.80/04.02.01/2008-09 and DBOD.Dir. (Exp.) No.88/04.02.01/2008-09 dated October 24, November 15 and November 28, 2008 respectively on the captioned subject. 2. The validity of the interest rates on rupee export credit in
RBI/2008-09/466 DBOD.Dir.(Exp).BC.No.131/04.02.001/2008-09 April 29, 2009 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Rupee Export Credit Interest Rates Please refer to our circulars DBOD.Dir.(Exp.)No.68/04.02.01/2008-09, DBOD.Dir.(Exp.)No.80/04.02.01/2008-09 and DBOD.Dir. (Exp.) No.88/04.02.01/2008-09 dated October 24, November 15 and November 28, 2008 respectively on the captioned subject. 2. The validity of the interest rates on rupee export credit in
اپریل 24, 2009
Payment of Interest on Savings Bank Account on a Daily Product Basis
RBI/2008-09/452 DBOD. No. Dir. BC.128/13.03.00/2008-09 April 24, 2009 @@NBSP@@ All Scheduled Commercial Banks(Excluding RRBs) @@NBSP@@ Dear Sir @@NBSP@@ Payment of Interest on Savings Bank Account on a Daily Product Basis @@NBSP@@ Please refer to paragraph 88 of the Annual Policy Statement announced by Governor on April 21, 2009 (extract enclosed), in terms of which it has been proposed that payment of interest on savings bank accounts by scheduled commercial banks wo
RBI/2008-09/452 DBOD. No. Dir. BC.128/13.03.00/2008-09 April 24, 2009 @@NBSP@@ All Scheduled Commercial Banks(Excluding RRBs) @@NBSP@@ Dear Sir @@NBSP@@ Payment of Interest on Savings Bank Account on a Daily Product Basis @@NBSP@@ Please refer to paragraph 88 of the Annual Policy Statement announced by Governor on April 21, 2009 (extract enclosed), in terms of which it has been proposed that payment of interest on savings bank accounts by scheduled commercial banks wo
اپریل 24, 2009
Financial Inclusion by Extension of Banking Services - Use of Business Facilitators (BFs) and Business Correspondents (BCs)
RBI/2008-2009/455 DBOD.No.BL.BC.129@@NBSP@@ /22.01.009/2008-2009 April 24, 2009 Vaishakha 3, 1931(Saka) All Scheduled Commercial Banks (including RRBs) & Local Area Banks @@NBSP@@ Dear Sir, @@NBSP@@ Financial Inclusion by Extension of Banking Services – Use of Business Facilitators (BFs) and Business Correspondents (BCs) @@NBSP@@ Please refer to paragraph 4 of our circular DBOD.No.BL.BC.74/22.01.009/2007-2008 dated April 24, 2008, on the above subject. 2. In this
RBI/2008-2009/455 DBOD.No.BL.BC.129@@NBSP@@ /22.01.009/2008-2009 April 24, 2009 Vaishakha 3, 1931(Saka) All Scheduled Commercial Banks (including RRBs) & Local Area Banks @@NBSP@@ Dear Sir, @@NBSP@@ Financial Inclusion by Extension of Banking Services – Use of Business Facilitators (BFs) and Business Correspondents (BCs) @@NBSP@@ Please refer to paragraph 4 of our circular DBOD.No.BL.BC.74/22.01.009/2007-2008 dated April 24, 2008, on the above subject. 2. In this
اپریل 23, 2009
Appointment of UCBs as agents/ sub-agents under Money Transfer Service Scheme
RBI /2008-09/465 UBD.CO.BPD.PCB.Cir.no.62/16.12.000/2008-09 April 23, 2009 The Chief executive Officers All Primary (Urban) Co-operative Banks Dear Sir, Appointment of UCBs as agents/ sub-agents under Money Transfer Service Scheme Please refer to our circular UBD(PCB) No.8/16.12.000/2007-08 dated July 17, 2007 on the captioned subject, allowing UCBs holding AD Category I and II licences to act as agents/ sub-agents under the Money Transfer Service Scheme (MTSS). 2. In
RBI /2008-09/465 UBD.CO.BPD.PCB.Cir.no.62/16.12.000/2008-09 April 23, 2009 The Chief executive Officers All Primary (Urban) Co-operative Banks Dear Sir, Appointment of UCBs as agents/ sub-agents under Money Transfer Service Scheme Please refer to our circular UBD(PCB) No.8/16.12.000/2007-08 dated July 17, 2007 on the captioned subject, allowing UCBs holding AD Category I and II licences to act as agents/ sub-agents under the Money Transfer Service Scheme (MTSS). 2. In
اپریل 22, 2009
Extension of Guarantee - Maturity beyond Ten years
RBI/2008-09/448 DBOD.No. BP. BC.127/ 21.04.009/2008-09 April 22, 2009 @@NBSP@@ All Scheduled Commercial Banks (Excluding RRBs) @@NBSP@@ Dear Sir, @@NBSP@@ Extension of Guarantee - Maturity beyond Ten years @@NBSP@@ @@NBSP@@ In terms of Paragraph 2.1.3 of our Master Circular RBI/2008-09/79 – DBOD.@@NBSP@@Dir.BC.18/13.03.00/2008-09 dated July 1, 2008 on ‘Guarantees and Co -acceptances’, no bank guarantee should normally have a maturity of more than 10 years. 2. We have
RBI/2008-09/448 DBOD.No. BP. BC.127/ 21.04.009/2008-09 April 22, 2009 @@NBSP@@ All Scheduled Commercial Banks (Excluding RRBs) @@NBSP@@ Dear Sir, @@NBSP@@ Extension of Guarantee - Maturity beyond Ten years @@NBSP@@ @@NBSP@@ In terms of Paragraph 2.1.3 of our Master Circular RBI/2008-09/79 – DBOD.@@NBSP@@Dir.BC.18/13.03.00/2008-09 dated July 1, 2008 on ‘Guarantees and Co -acceptances’, no bank guarantee should normally have a maturity of more than 10 years. 2. We have
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