Regulating Commercial Banking

RBI/ 2008-09/74 DBOD No. Rajbhasha@@NBSP@@ BC.13@@NBSP@@ /06.11.04/2008-09 July 1, 2008 10th Ashadha 1930 (S) Chairman & Managing Director All Public Sector Banks Dear Sir, Master Circular - Use of Hindi in banks Please refer to our Master Circular DBOD No.Rajbhasha.BC.5/ 06.11.04/ 2007-08 dated July 2, 2007 on the captioned subject. The Master Circular has been suitably updated by incorporating instructions issued up to June 30, 2008 and has also@@NBSP@@ been pla

RBI/2004-05/291DBOD.No.Ret.BC.59/12.01.001/2004-05 December 3, 2004 All Scheduled Commercial Banks (Excluding Regional Rural Banks & Local Area Banks) Dear Sir Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements Please refer to our circular letter DBOD.No.Ret.BC.6/12.01.001/2003-04 dated July 23, 2003 advising banks that they can derive the benefit of netting of assets and liabilities in respect of their dealing with Standard Chartered - U

Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005October 8, 2002Ref. DBOD No. Dir. BC. 31/13.03.00/2002-03All Scheduled Commercial Banks(excluding RRBs & LABs)Dear Sir,Interest Rate on FCNR(B) DepositsPlease refer to our circular DBOD No. Dir. BC. 98/13.03.00/01-02 dated 29 April 2002 advising therein that in respect of FCNR(B) deposits for a maturity of 1-3 years

RESERVE BANK OF INDIA CENTRAL OFFICE DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT CENTRE ·1. WORLD TRADE CENTRE. CUFFE PARADE COLABA MUMBAI- 400 005 Ref. : DBOD No.........IBS .3161 /23.67.001.98-99 June 25, 1999 All the banks authorised to import Gold / Silver / Platinum Dear Sir, Gold Loan against Bank Guarantee/Letterof Credit issued by other banks In terms of our circular No.DBOD.IBS.1519/23.67.001/98-99 dated 31st December 1998, authorized banks have been p

DBOD.No.IBS.1519/23.67.001/98-99 December 31, 1998 All the nominated banks authorised to import Gold / Silver / Platinum Dear Sir, Gold Loan Please refer to circular A.D.(G.P. Series) Circular No.7 dated March 6, 1998 permitting the nominated agencies / banks to import gold on loan basis for a maximum period of 180 days. With a view to mobilising and recycling the gold stocks available in the country, the banks were also recently advised to formulate the Gold Deposit

DBOD.No.Leg.BC.19/C.90(H)-89 September 8, 1989 The Chairmen & Managing Directors of all Commercial Banks Opening of Bank Accounts in the Names of Minors with Mothers as Guardians Please refer to our circular DBOD.No.Leg.BC.158/C.90(H)-76 dated 29 December, 1976, inter alia, advising banks to allow opening of minors’ accounts (fixed and savings only) with mothers as guardians. We have now examined a request to extend the facility of allowing opening of minors' acco

DBOD.No.Leg.BC.158/C.90(H)-76 29 December, 1976 All Commercial Banks Dear Sirs, Opening of Bank Accounts in the Names of Minors with Mothers as Guardians It has been brought to our notice that considerable difficulty is being experienced by women customers in opening bank accounts in the names of minors, with mothers as their guardians. Presumably, the banks are reluctant to accept the mother as a guardian of a minor, while father is alive in view of section 6 of the