Section 23 of Banking Regulation Act, 1949- Branch Banking Statistics-Submission of Quarterly Returns- Revision of Proformae-I & II

Section 23 of Banking Regulation Act, 1949- Branch Banking Statistics-Submission of Quarterly Returns- Revision of Proformae-I & II

Guidelines for merger /amalgamation of private sector banks

RBI/2004-05/462 Ref.DBOD.No.PSBS.BC. 89/16.13.100/2004-05 May 11, 2005 All Scheduled Commercial Banks Dear Sirs Guidelines for merger /amalgamation of private sector banks Reserve Bank of India had constituted, on the recommendations of the Joint Parliamentary Committee (2002), a Working Group to evolve guidelines for voluntary mergers involving banking companies. Based on the recommendations of the Group, the guidelines laying down the process of merger proposal, det

RBI/2004-05/462 Ref.DBOD.No.PSBS.BC. 89/16.13.100/2004-05 May 11, 2005 All Scheduled Commercial Banks Dear Sirs Guidelines for merger /amalgamation of private sector banks Reserve Bank of India had constituted, on the recommendations of the Joint Parliamentary Committee (2002), a Working Group to evolve guidelines for voluntary mergers involving banking companies. Based on the recommendations of the Group, the guidelines laying down the process of merger proposal, det

Guidelines for merger /amalgamation of private sector banks

Declaration of dividends by banks

RBI/2004-05/451 DBOD.NO.BP.BC. 88 / 21.02.067 / 2004-05 May 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Declaration of dividends by banks The policy approach adopted by the Reserve Bank with regard to payment of dividends by banks was reviewed in consultation with the Standing Technical Advisory Committee on Financial Regulation and the regulatory focus was shifted from the ‘quantum of dividend’ to the ‘dividend payout ratio’ in terms of our guidel

RBI/2004-05/451 DBOD.NO.BP.BC. 88 / 21.02.067 / 2004-05 May 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Declaration of dividends by banks The policy approach adopted by the Reserve Bank with regard to payment of dividends by banks was reviewed in consultation with the Standing Technical Advisory Committee on Financial Regulation and the regulatory focus was shifted from the ‘quantum of dividend’ to the ‘dividend payout ratio’ in terms of our guidel

Declaration of dividends by banks

Supervisory Reporting System - Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Time for Filing the Returns

RBI/2004-05/454 DBS. CO. OSMOS. BC. No. 20 /33.01.001/2004-05 May 04, 2005 To Chairmen/Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Time for Filing the Returns As you aware, pursuant to the new supervision approach approved by the Board for Financial Supervision (BFS), an off-site monitoring and surveillance (OSMOS) system comprising a set of

RBI/2004-05/454 DBS. CO. OSMOS. BC. No. 20 /33.01.001/2004-05 May 04, 2005 To Chairmen/Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Time for Filing the Returns As you aware, pursuant to the new supervision approach approved by the Board for Financial Supervision (BFS), an off-site monitoring and surveillance (OSMOS) system comprising a set of

Supervisory Reporting System - Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Time for Filing the Returns

Relaxation to trade and industry in the State of Jammu and Kashmir

RBI/2004-05/450 DBOD.BP.BC. 87 /21.04.012/ 2004-05 2 May 2005 The Chairmen of 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.77/21.04.012/2003-2004 dated 21st April 2004 extending the period of concessions/credit relaxations to borrowers/customers in Jammu and Kashmir up to 31 March 2005. It has been decided that the concessions/credit relaxations t

RBI/2004-05/450 DBOD.BP.BC. 87 /21.04.012/ 2004-05 2 May 2005 The Chairmen of 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.77/21.04.012/2003-2004 dated 21st April 2004 extending the period of concessions/credit relaxations to borrowers/customers in Jammu and Kashmir up to 31 March 2005. It has been decided that the concessions/credit relaxations t

Relaxation to trade and industry in the State of Jammu and Kashmir

Capital Adequacy - Investment Fluctuation Reserve

RBI / 2004-05/448 DBOD. No. BP. BC. 85 / 21.04.141 / 2004-05 April 30, 2005 All Commercial Banks ( excluding RRBs) Dear Sir, Capital Adequacy - Investment Fluctuation Reserve In terms of prevailing instructions, banks are required to build up Investment Fluctuation Reserve (IFR) of a minimum 5 per cent of investments in 'Held for Trading' (HFT) and 'Available for Sale' (AFS) categories within a period of 5 years, i.e., by March 31, 2006. The IFR is eligible for inclus

RBI / 2004-05/448 DBOD. No. BP. BC. 85 / 21.04.141 / 2004-05 April 30, 2005 All Commercial Banks ( excluding RRBs) Dear Sir, Capital Adequacy - Investment Fluctuation Reserve In terms of prevailing instructions, banks are required to build up Investment Fluctuation Reserve (IFR) of a minimum 5 per cent of investments in 'Held for Trading' (HFT) and 'Available for Sale' (AFS) categories within a period of 5 years, i.e., by March 31, 2006. The IFR is eligible for inclus

Capital Adequacy - Investment Fluctuation Reserve

Section 23 of the Banking Regulation Act, 1949 - Door-step banking

RBI/2004-05/449DBOD.No.BL.BC.86/22.01.001/2004-05 April 30, 2005 Vaishakha 10, 1927 (S)All scheduled commercial banks. (Excluding RRBs) Dear Sir,Section 23 of the Banking Regulation Act, 1949 - Door-step bankingPlease refer to our circular DBOD.No.BL.BC.42/C-168-83 dated May 24, 1983 (copy enclosed), wherein banks were advised not to extend any banking facilities at the premises of their customers, without obtaining the required permission from Reserve Bank of India.

RBI/2004-05/449DBOD.No.BL.BC.86/22.01.001/2004-05 April 30, 2005 Vaishakha 10, 1927 (S)All scheduled commercial banks. (Excluding RRBs) Dear Sir,Section 23 of the Banking Regulation Act, 1949 - Door-step bankingPlease refer to our circular DBOD.No.BL.BC.42/C-168-83 dated May 24, 1983 (copy enclosed), wherein banks were advised not to extend any banking facilities at the premises of their customers, without obtaining the required permission from Reserve Bank of India.

Section 23 of the Banking Regulation Act, 1949 - Door-step banking

Rupee Export Credit Interest Rates

RBI / 2004-05/ 443DBOD.Dir (Exp). No.83 / 04.02.01/ 2004-05 April 29, 2005   The Chairmen / Chief Executives of all Commercial Banks   Dear Sir Rupee Export Credit Interest Rates Please refer to our circular IECD. No. 10 / 04.02.01 / 2003-04 dated April 24, 2004 on the captioned subject. 2. The validity of the interest rates on rupee export credit indicated in the above circular would now remain in force upto October 31, 2005. In this connection, you may als

RBI / 2004-05/ 443DBOD.Dir (Exp). No.83 / 04.02.01/ 2004-05 April 29, 2005   The Chairmen / Chief Executives of all Commercial Banks   Dear Sir Rupee Export Credit Interest Rates Please refer to our circular IECD. No. 10 / 04.02.01 / 2003-04 dated April 24, 2004 on the captioned subject. 2. The validity of the interest rates on rupee export credit indicated in the above circular would now remain in force upto October 31, 2005. In this connection, you may als

Rupee Export Credit Interest Rates

Limited Off-site Supervision of select Financial Institutions - Simplified Information System

RBI/2004-05/437 Ref. DBS. FIMD. No. C-10 /10.06.00 / 2004-05 April 27, 2005 The CEOs of: 1. Industrial Investment Bank of India Limited 2. Tourism Finance Corporation of India Limited 3. Infrastructure Development Finance Company Limited Dear Sir Limited Off-site Supervision of select Financial Institutions – Simplified Information System Please refer to our Circular letter DBS.FID.No. C-7 / 10.06.00 / 2001-2002 dated October 20, 2001 regarding revision of the prudent

RBI/2004-05/437 Ref. DBS. FIMD. No. C-10 /10.06.00 / 2004-05 April 27, 2005 The CEOs of: 1. Industrial Investment Bank of India Limited 2. Tourism Finance Corporation of India Limited 3. Infrastructure Development Finance Company Limited Dear Sir Limited Off-site Supervision of select Financial Institutions – Simplified Information System Please refer to our Circular letter DBS.FID.No. C-7 / 10.06.00 / 2001-2002 dated October 20, 2001 regarding revision of the prudent

Limited Off-site Supervision of select Financial Institutions - Simplified Information System

Section 23 of Banking Regulation Act, 1949 - Shifting of branches/offices - Procedural Rationalisation

RBI/2004-05/438 DBOD.No.BL.BC.82/22.01.001/2004-05 April 27, 2005 Vaishakha 7, 1927 (S) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 23 of Banking Regulation Act, 1949 – Shifting of branches/offices – Procedural Rationalisation Please refer to paragraph 3 of our Master Circular No.DBOD.BL.BC.5/22.01.001 dated 8th July 2004 on branch licensing. It will be observed there from that banks have been given freedom to shift their branches within the muni

RBI/2004-05/438 DBOD.No.BL.BC.82/22.01.001/2004-05 April 27, 2005 Vaishakha 7, 1927 (S) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 23 of Banking Regulation Act, 1949 – Shifting of branches/offices – Procedural Rationalisation Please refer to paragraph 3 of our Master Circular No.DBOD.BL.BC.5/22.01.001 dated 8th July 2004 on branch licensing. It will be observed there from that banks have been given freedom to shift their branches within the muni

Section 23 of Banking Regulation Act, 1949 - Shifting of branches/offices - Procedural Rationalisation