Review of circulars issued to Public Sector Banks (PSBs)

RBI/2006-2007/213 DBOD.No.Inf. BC. 48 /11.01.009/2006-07 December 18, 2006 To The Chairmen & Managing Directors of all Public Sector Banks Dear Sir, Review of circulars issued to Public Sector Banks (PSBs) In the light of changes that have taken place in the banking scenario, it was observed that certain circulars issued to Public Sector Banks (PSBs) during the period from January, 1991 to June, 2004 on operational matters like recovery of NPA dues, housekeeping,

RBI/2006-2007/213 DBOD.No.Inf. BC. 48 /11.01.009/2006-07 December 18, 2006 To The Chairmen & Managing Directors of all Public Sector Banks Dear Sir, Review of circulars issued to Public Sector Banks (PSBs) In the light of changes that have taken place in the banking scenario, it was observed that certain circulars issued to Public Sector Banks (PSBs) during the period from January, 1991 to June, 2004 on operational matters like recovery of NPA dues, housekeeping,

Review of circulars issued to Public Sector Banks (PSBs)

Banks’ exposure to Capital Markets - Rationalization of Norms

RBI/2006-2007/210 DBOD. No. Dir. BC. 47/13.07.05/2006-2007 December 15, 2006 Agrahayana 24, 1928 (Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Banks’ exposure to Capital Markets – Rationalization of Norms It was announced in the Mid-Term Review of Annual Policy Statement for the year 2005-2006 that the prudential capital market exposure norms prescribed for banks would be rationalized in terms of base and coverage so as to: i) restrict a bank’s aggr

RBI/2006-2007/210 DBOD. No. Dir. BC. 47/13.07.05/2006-2007 December 15, 2006 Agrahayana 24, 1928 (Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Banks’ exposure to Capital Markets – Rationalization of Norms It was announced in the Mid-Term Review of Annual Policy Statement for the year 2005-2006 that the prudential capital market exposure norms prescribed for banks would be rationalized in terms of base and coverage so as to: i) restrict a bank’s aggr

Banks’ exposure to Capital Markets - Rationalization of Norms

Financial Regulation of Systemically Important NBFCs and Banks’ Relationship with them - For Banks

RBI/2006-07/205 DBOD. No. FSD. BC.46 / 24.01.028/ 2006-07 December 12, 2006 @@NBSP@@ All Scheduled Commercial Banks (excluding RRBs) @@NBSP@@ Dear Sir, Financial Regulation of Systemically Important NBFCs and Banks’ Relationship with them Please refer to paragraph 141 of the Mid-Term Review of Annual Policy Statement for the year 2006-07 enclosed to Governor’s letter MPD.BC.286/ 07.01.279/ 2006-07 dated October 31, 2006 (Copy of the paragraph enclosed as Annex). 2. No

RBI/2006-07/205 DBOD. No. FSD. BC.46 / 24.01.028/ 2006-07 December 12, 2006 @@NBSP@@ All Scheduled Commercial Banks (excluding RRBs) @@NBSP@@ Dear Sir, Financial Regulation of Systemically Important NBFCs and Banks’ Relationship with them Please refer to paragraph 141 of the Mid-Term Review of Annual Policy Statement for the year 2006-07 enclosed to Governor’s letter MPD.BC.286/ 07.01.279/ 2006-07 dated October 31, 2006 (Copy of the paragraph enclosed as Annex). 2. No

Financial Regulation of Systemically Important NBFCs and Banks’ Relationship with them

Increase in CRR

RBI/2006-2007/201 Ref: DBOD.No. Ret.BC. 45/12.01.001/2006-07 December 11, 2006 To All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934-Maintenance of CRR Please refer to our Circular RBI/2005-2006/422 DBOD.No.Ret.BC.91/12.01.001/2005-2006 dated June 22, 2006 on the captioned subject. On review of current macroeconomic and monetary conditions, it has been decided to increase cash reserve ratio (CRR)

RBI/2006-2007/201 Ref: DBOD.No. Ret.BC. 45/12.01.001/2006-07 December 11, 2006 To All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934-Maintenance of CRR Please refer to our Circular RBI/2005-2006/422 DBOD.No.Ret.BC.91/12.01.001/2005-2006 dated June 22, 2006 on the captioned subject. On review of current macroeconomic and monetary conditions, it has been decided to increase cash reserve ratio (CRR)

Increase in CRR

Draft Comprehensive Guidelines on Derivatives

DBOD.No. BP. 741 /21.04.157/2006-07 December 11, 2006 Chairmen / Chief Executive Officers All Commercial Banks (excluding RRBs), All India term-lending and Refinancing Institutions (Exim Bank, IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) and Primary Dealers Dear Sir, Draft Comprehensive Guidelines on Derivatives As indicated in paragraph 137 of the Mid-term Review of Annual Policy for the Year 2006-07 an Internal Group was constituted by the Reserve Bank to

DBOD.No. BP. 741 /21.04.157/2006-07 December 11, 2006 Chairmen / Chief Executive Officers All Commercial Banks (excluding RRBs), All India term-lending and Refinancing Institutions (Exim Bank, IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) and Primary Dealers Dear Sir, Draft Comprehensive Guidelines on Derivatives As indicated in paragraph 137 of the Mid-term Review of Annual Policy for the Year 2006-07 an Internal Group was constituted by the Reserve Bank to

Draft Comprehensive Guidelines on Derivatives

Draft Circular on Safe Deposit Lockers

RBI/2006-07/198 DBOD.No.Leg 5049 /09.07.005/2006-07 December 4, 2006 To All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Extension of Safe Deposit Locker / Safe Custody Article Facility and Access to Safe Deposit Lockers / Return of Safe Custody Articles by banks. It is proposed to issue fresh instructions to banks regarding extension of Safe Deposit Locker / Safe Custody Article Facility and Access to Safe Deposit Lockers / Return of Safe Custody Articles in

RBI/2006-07/198 DBOD.No.Leg 5049 /09.07.005/2006-07 December 4, 2006 To All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Extension of Safe Deposit Locker / Safe Custody Article Facility and Access to Safe Deposit Lockers / Return of Safe Custody Articles by banks. It is proposed to issue fresh instructions to banks regarding extension of Safe Deposit Locker / Safe Custody Article Facility and Access to Safe Deposit Lockers / Return of Safe Custody Articles in

Draft Circular on Safe Deposit Lockers

Financial Regulation of Systemically Important NBFCs and Banks’ Relationship with them

November 30, 2006 DBOD. No. FSD. 5046 / 24.01.028/ 2006-07 All Scheduled Commercial Banks (excluding RRBs) and All NBFCs (deposit taking and non-deposit taking) @@NBSP@@ Dear Sir, Financial Regulation of Systemically Important NBFCs and Banks’ Relationship with them Please refer to paragraph 141 of the Mid-Term Review of Annual Policy Statement for the year 2006-07enclosed to Governor’s letter MPD.BC.286/ 07.01.279/ 2006-07 dated October 31, 2006 (Copy of the paragrap

November 30, 2006 DBOD. No. FSD. 5046 / 24.01.028/ 2006-07 All Scheduled Commercial Banks (excluding RRBs) and All NBFCs (deposit taking and non-deposit taking) @@NBSP@@ Dear Sir, Financial Regulation of Systemically Important NBFCs and Banks’ Relationship with them Please refer to paragraph 141 of the Mid-Term Review of Annual Policy Statement for the year 2006-07enclosed to Governor’s letter MPD.BC.286/ 07.01.279/ 2006-07 dated October 31, 2006 (Copy of the paragrap

Financial Regulation of Systemically Important NBFCs and Banks’ Relationship with them

Banks’ exposure to Capital Markets - Rationalisation of Norms

DBOD.No.Dir. 4562 /13.07.05/2006-2007 November 17, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Banks’ exposure to Capital Markets – Rationalisation of Norms As banks may be aware, it was announced in the Mid-Term Review of Annual Policy Statement for the year 2005-2006 that the prudential capital market exposure norms prescribed for banks would be rationalized in terms of base and coverage so as to: i) restrict a bank’s aggregate capital market expo

DBOD.No.Dir. 4562 /13.07.05/2006-2007 November 17, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Banks’ exposure to Capital Markets – Rationalisation of Norms As banks may be aware, it was announced in the Mid-Term Review of Annual Policy Statement for the year 2005-2006 that the prudential capital market exposure norms prescribed for banks would be rationalized in terms of base and coverage so as to: i) restrict a bank’s aggregate capital market expo

Banks’ exposure to Capital Markets - Rationalisation of Norms

Housing Loans - Implementation of Delhi High Court Orders

RBI/2006-07/182 DBOD. Dir. BC. No. 43 /08.12.01/2006-07 November 17, 2006 @@NBSP@@ The Chairmen and Managing Directors/ Chief Executive Officers of all Commercial Banks Dear Sirs Housing Loans – Orders of the Delhi High Court- Writ Petition by Kalyan Sanstha Welfare Organisation against Union of India and Others- Implementation of Directions Please refer to our Master Circular DBOD.No.DIR.(Exp).BC.04/08.12.01/2006-07 dated July 1, 2006 on Housing Finance. 2. During th

RBI/2006-07/182 DBOD. Dir. BC. No. 43 /08.12.01/2006-07 November 17, 2006 @@NBSP@@ The Chairmen and Managing Directors/ Chief Executive Officers of all Commercial Banks Dear Sirs Housing Loans – Orders of the Delhi High Court- Writ Petition by Kalyan Sanstha Welfare Organisation against Union of India and Others- Implementation of Directions Please refer to our Master Circular DBOD.No.DIR.(Exp).BC.04/08.12.01/2006-07 dated July 1, 2006 on Housing Finance. 2. During th

Housing Loans - Implementation of Delhi High Court Orders

Compliance function in banks

RBI/2006-07/177 November 16, 2006 DBS.PP.BC1/11/01.005/2006-07 The Chairman / CEO All Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir, Compliance function in banks A system of 'Compliance Officer' in banks was introduced by Reserve Bank of India in August 1992, based on the recommendations of the Committee on Frauds and Malpractices in Banks (Ghosh Committee). Further guidelines in this regard, and more specifically on the role of the Compliance Officers

RBI/2006-07/177 November 16, 2006 DBS.PP.BC1/11/01.005/2006-07 The Chairman / CEO All Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir, Compliance function in banks A system of 'Compliance Officer' in banks was introduced by Reserve Bank of India in August 1992, based on the recommendations of the Committee on Frauds and Malpractices in Banks (Ghosh Committee). Further guidelines in this regard, and more specifically on the role of the Compliance Officers

Compliance function in banks