Implementation of the New Capital Adequacy Framework

DBOD.No.BP.1163 /21.04.118/2004-05 February 15, 2005 Click here to Download PDF To The Chairmen of all Scheduled Commercial Banks Dear Sir,Prudential Guidelines on Capital Adequacy- Implementation of the New Capital Adequacy Framework The Basel Committee on Banking Supervision (BCBS) has released the document, 'International Convergence of Capital Measurement and Capital Standards: A Revised Framework' on June 26, 2004. The revised Framework has been designed to provi

DBOD.No.BP.1163 /21.04.118/2004-05 February 15, 2005 Click here to Download PDF To The Chairmen of all Scheduled Commercial Banks Dear Sir,Prudential Guidelines on Capital Adequacy- Implementation of the New Capital Adequacy Framework The Basel Committee on Banking Supervision (BCBS) has released the document, 'International Convergence of Capital Measurement and Capital Standards: A Revised Framework' on June 26, 2004. The revised Framework has been designed to provi

Implementation of the New Capital Adequacy Framework

FI's to obtain Certificates / authentication from Statutory Central Auditors

RBI / 2004-05 / 362 Ref.No.DBS. FID. No. C - 9 /01.02.00/2004-05 11 February, 2005 The CEOs of the all-India Term-lending and Refinancing Institutions (Exim Bank, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Certificates / authentication to be obtained from the Statutory Central auditors of Financial Institutions- FID. No. C - 9 Please refer to the instructions issued by us to the financial institutions from time to time on: (i) Investm

RBI / 2004-05 / 362 Ref.No.DBS. FID. No. C - 9 /01.02.00/2004-05 11 February, 2005 The CEOs of the all-India Term-lending and Refinancing Institutions (Exim Bank, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Certificates / authentication to be obtained from the Statutory Central auditors of Financial Institutions- FID. No. C - 9 Please refer to the instructions issued by us to the financial institutions from time to time on: (i) Investm

FI's to obtain Certificates / authentication from Statutory Central Auditors

Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934 -"JP Morgan Chase Bank" to "JP Morgan Chase Bank, National Association"

RBI / 2004-05 / 358 DBOD.Ret.BC.No. 70 /12.06.090/2004-05 February 04, 2005 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934 -"JP Morgan Chase Bank" to "JP Morgan Chase Bank, National Association" We advise that the name of "JP Morgan Chase Bank" has been changed to "JP Morgan Chase Bank, National Association" in the Second Schedule to the Reserve Bank of India Act, 1934 with effect fr

RBI / 2004-05 / 358 DBOD.Ret.BC.No. 70 /12.06.090/2004-05 February 04, 2005 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934 -"JP Morgan Chase Bank" to "JP Morgan Chase Bank, National Association" We advise that the name of "JP Morgan Chase Bank" has been changed to "JP Morgan Chase Bank, National Association" in the Second Schedule to the Reserve Bank of India Act, 1934 with effect fr

Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934 -"JP Morgan Chase Bank" to "JP Morgan Chase Bank, National Association"

Implementation of Risk-based internal audit (RBIA) in banks

Ref. RBI 2004-05 /356 DBS.CO.PP.BC. 17/11.01.005/2004-05 February 1, 2005 All Scheduled Commercial Banks (Except Regional Rural Banks) Dear Sirs, Implementation of Risk-based internal audit (RBIA) in banks As you would recall the guidelines relating to risk-based internal audit were issued by us on December 27, 2002 vide our letter DBS.CO.PP.BC.10 /11.01.005/2002-03. A review of the implementation of the risk-based internal audit in various banks has revealed that the

Ref. RBI 2004-05 /356 DBS.CO.PP.BC. 17/11.01.005/2004-05 February 1, 2005 All Scheduled Commercial Banks (Except Regional Rural Banks) Dear Sirs, Implementation of Risk-based internal audit (RBIA) in banks As you would recall the guidelines relating to risk-based internal audit were issued by us on December 27, 2002 vide our letter DBS.CO.PP.BC.10 /11.01.005/2002-03. A review of the implementation of the risk-based internal audit in various banks has revealed that the

Implementation of Risk-based internal audit (RBIA) in banks

Advances against units of debt-oriented Mutual Funds

RBI/2004-05/353 DBOD. No. Dir. BC. 69/13.07.05/2004-05 January 31, 2005 All Commercial Banks (excluding RRBs) Dear Sir, Advances against units of debt-oriented Mutual Funds Please refer to paragraph 3.4.3 of our Master Circular DBOD.No.Dir.BC.14/13.03.00/2004-05 dated July 21, 2004 on Exposure Norms in terms of which banks have been advised to apply the same quantum and margin for granting loans/ advances against the units of mutual funds including units of US-64 sche

RBI/2004-05/353 DBOD. No. Dir. BC. 69/13.07.05/2004-05 January 31, 2005 All Commercial Banks (excluding RRBs) Dear Sir, Advances against units of debt-oriented Mutual Funds Please refer to paragraph 3.4.3 of our Master Circular DBOD.No.Dir.BC.14/13.03.00/2004-05 dated July 21, 2004 on Exposure Norms in terms of which banks have been advised to apply the same quantum and margin for granting loans/ advances against the units of mutual funds including units of US-64 sche

Advances against units of debt-oriented Mutual Funds

Banks need not send safe custody certificate for specimen signatures to RBI

RBI No. 349 /2005 Ref. DBS.CO.PP.BC 16 /11.01.005/2004-05 January 19, 2005 The Chief Executives All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Inspection of banks- Set of Specimen signatures - Safe custody certificate Please refer to our circular no. DBOD.Prog.BC.124/C-283 (A)-84 dated December 19, 1984 on the captioned subject. As you are aware, Regional Offices of Department of Banking Supervision (DBS) of the Reserve Bank of India are supplying sets of s

RBI No. 349 /2005 Ref. DBS.CO.PP.BC 16 /11.01.005/2004-05 January 19, 2005 The Chief Executives All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Inspection of banks- Set of Specimen signatures - Safe custody certificate Please refer to our circular no. DBOD.Prog.BC.124/C-283 (A)-84 dated December 19, 1984 on the captioned subject. As you are aware, Regional Offices of Department of Banking Supervision (DBS) of the Reserve Bank of India are supplying sets of s

Banks need not send safe custody certificate for specimen signatures to RBI

Receipt of Foreign Contribution under FC(R) Act : SCBs

RBI/2004-05/327 DBOD.No. AML.BC. 67/14.01.055/2004-05 January 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Receipt of foreign contributions by Associations/organizations in India Under Foreign Contribution(Regulation) Act, 1976 Please refer to our circular DBOD.No.BP.BC.118/21.01.023/99 dated November 2, 1999 advising banks to ensure compliance with the various provisions of Foreign Contribution (Regulation) Act, 1976 in connection with the foreign

RBI/2004-05/327 DBOD.No. AML.BC. 67/14.01.055/2004-05 January 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Receipt of foreign contributions by Associations/organizations in India Under Foreign Contribution(Regulation) Act, 1976 Please refer to our circular DBOD.No.BP.BC.118/21.01.023/99 dated November 2, 1999 advising banks to ensure compliance with the various provisions of Foreign Contribution (Regulation) Act, 1976 in connection with the foreign

Receipt of Foreign Contribution under FC(R) Act : SCBs

Foreign Currency loans to Exporters-Periodicity of charging interest

RBI / 2004-05/ 324 DBOD. IECS. No. 66 / 04.02.02/ 2004-05 December 31, 2004 The Chairman / Chief Executives of all Commercial Banks Dear Sir Foreign Currency loans to Exporters-Periodicity of charging interest Please refer to paragraph (b) of our circular IECD. No. EFD.30/ 04.02.15/ 93-94 dated February 28, 1994 and also paragraph 1.1.5 (iv) of our Master Circular dated September 1, 2004 on Export Credit in Foreign Currency. We advise that the paragraphs may be amende

RBI / 2004-05/ 324 DBOD. IECS. No. 66 / 04.02.02/ 2004-05 December 31, 2004 The Chairman / Chief Executives of all Commercial Banks Dear Sir Foreign Currency loans to Exporters-Periodicity of charging interest Please refer to paragraph (b) of our circular IECD. No. EFD.30/ 04.02.15/ 93-94 dated February 28, 1994 and also paragraph 1.1.5 (iv) of our Master Circular dated September 1, 2004 on Export Credit in Foreign Currency. We advise that the paragraphs may be amende

Foreign Currency loans to Exporters-Periodicity of charging interest

Rationalisation of returns submitted by banks to RBI

Ref. RBI.No. 323 - 2004 DBS.CO.PP.BC. 12 /11.01.005/2004-05 December 30, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear sir, Reducing burden on banks- Rationalisation of returns submitted by banks to RBI Banks are required to submit a number of Returns / Statements to Reserve Bank of India, under various statutory / regulatory obligations at different points of time during a year. Several such returns are submitted to the Department of Banking Supervision (

Ref. RBI.No. 323 - 2004 DBS.CO.PP.BC. 12 /11.01.005/2004-05 December 30, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear sir, Reducing burden on banks- Rationalisation of returns submitted by banks to RBI Banks are required to submit a number of Returns / Statements to Reserve Bank of India, under various statutory / regulatory obligations at different points of time during a year. Several such returns are submitted to the Department of Banking Supervision (

Rationalisation of returns submitted by banks to RBI

Contribution to Prime Minister's National Relief Fund (PMNRF)

RBI/2004/319 DBOD. No. Dir. BC.65 /13.01.01/2004-05 December 29, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister's National Relief Fund (PMNRF) In consultation with Prime Minister's Office and Indian Banks' Association (IBA), it has been decided that all the branches of commercial banks will receive donations and nominate a Nodal Branch in New Delhi for the purpose of collection of contribution to Prime Minister's National

RBI/2004/319 DBOD. No. Dir. BC.65 /13.01.01/2004-05 December 29, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister's National Relief Fund (PMNRF) In consultation with Prime Minister's Office and Indian Banks' Association (IBA), it has been decided that all the branches of commercial banks will receive donations and nominate a Nodal Branch in New Delhi for the purpose of collection of contribution to Prime Minister's National

Contribution to Prime Minister's National Relief Fund (PMNRF)