Off-site Monitoring and Surveillance - Input Module Upgraded

RBI/2004-05/318 DBS. CO. OSMOS. BC. No. 11 /33.01.001/2004-05 December 28, 2004 To Chairmen / Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Changes in the Input Module Please refer to our circular DBS. CO. OSMOS. BC. No. 9 /33.01.001/2004-05 dated October 26, 2004 on the above subject. As you are aware, since the last revision of the OSMOS inpu

RBI/2004-05/318 DBS. CO. OSMOS. BC. No. 11 /33.01.001/2004-05 December 28, 2004 To Chairmen / Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Changes in the Input Module Please refer to our circular DBS. CO. OSMOS. BC. No. 9 /33.01.001/2004-05 dated October 26, 2004 on the above subject. As you are aware, since the last revision of the OSMOS inpu

Off-site Monitoring and Surveillance - Input Module Upgraded

Bank financing of equities and investments in shares

RBI/2004/317 DBOD.No. Dir.BC.64/13.07.05/2004-05 December 27, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Bank financing of equities and investments in shares Please refer to our Circular DBOD No. Dir. BC. 86/13.07.05/2003-04 dated May 18, 2004 in terms of which margin on all advances against shares/ financing of IPOs/ issue of guarantees was reduced from 50 per cent to 40 per cent and a minimum cash margin of 20 per cent (within the margin of 40 percent) was

RBI/2004/317 DBOD.No. Dir.BC.64/13.07.05/2004-05 December 27, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Bank financing of equities and investments in shares Please refer to our Circular DBOD No. Dir. BC. 86/13.07.05/2003-04 dated May 18, 2004 in terms of which margin on all advances against shares/ financing of IPOs/ issue of guarantees was reduced from 50 per cent to 40 per cent and a minimum cash margin of 20 per cent (within the margin of 40 percent) was

Bank financing of equities and investments in shares

Bank finance to assist employees to buy shares of their own companies

RBI/2004-05/313DBOD. No. Dir. BC. 63/13.07.05/2004-05 December 24, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank finance to assist employees to buy shares of their own companies Please refer to our circular DBOD.No.Dir.BC.67/13.07.05/2003-04 dated February 6, 2004 in terms of which banks were advised that while extending finance to employees for purchasing shares of their own companies either under Employees Stock Option Plan (ESOP) or Initial Pu

RBI/2004-05/313DBOD. No. Dir. BC. 63/13.07.05/2004-05 December 24, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank finance to assist employees to buy shares of their own companies Please refer to our circular DBOD.No.Dir.BC.67/13.07.05/2003-04 dated February 6, 2004 in terms of which banks were advised that while extending finance to employees for purchasing shares of their own companies either under Employees Stock Option Plan (ESOP) or Initial Pu

Bank finance to assist employees to buy shares of their own companies

Risk weight on housing loans and consumer credit

RBI No. 2004/ 309 DBOD. BP.BC. 61 / 21.01.002/ 2004-05 December 23, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Mid -Term Review of the Annual Policy Statement for the year 2004-05 Risk weight on housing loans and consumer credit Please refer to our Circular No. DBOD. BP. BC. 106/ 21.01.002/ 2001-02 dated May 24, 2002, wherein, the risk weights on housing loans extended by banks to individuals against mortgage of housing properties and investments in Mortgage

RBI No. 2004/ 309 DBOD. BP.BC. 61 / 21.01.002/ 2004-05 December 23, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Mid -Term Review of the Annual Policy Statement for the year 2004-05 Risk weight on housing loans and consumer credit Please refer to our Circular No. DBOD. BP. BC. 106/ 21.01.002/ 2001-02 dated May 24, 2002, wherein, the risk weights on housing loans extended by banks to individuals against mortgage of housing properties and investments in Mortgage

Risk weight on housing loans and consumer credit

‘Fit and proper’ criteria for directors of banks

RBI/2004-2005/303 DBOD.No.BC. 60 /08.139.001/2004-2005 December 16, 2004 The Chairmen and Managing Directors/ Chief Executive Officers of banks in private sector Dear Sir, ‘Fit and proper’ criteria for directors of banks Please refer to our circular RBI/2004/268 dated June 25, 2004 on the above subject forwarding therewith RBI directive DBOD.No.BC.104/08.139.001/2003-04 dated June 25, 2004. 2. In partial modification of the instructions contained in para 1(iv) of the

RBI/2004-2005/303 DBOD.No.BC. 60 /08.139.001/2004-2005 December 16, 2004 The Chairmen and Managing Directors/ Chief Executive Officers of banks in private sector Dear Sir, ‘Fit and proper’ criteria for directors of banks Please refer to our circular RBI/2004/268 dated June 25, 2004 on the above subject forwarding therewith RBI directive DBOD.No.BC.104/08.139.001/2003-04 dated June 25, 2004. 2. In partial modification of the instructions contained in para 1(iv) of the

‘Fit and proper’ criteria for directors of banks

Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements

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

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

Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements

Know Your Customer (KYC) Guidelines - Anti Money Laundering Standards

RBI-2004-05/284DBOD.NO.AML.BC.58/14.01.001/2004-05November 29, 2004The Chief Executives of All Commercial BanksDear Sir, 'Know Your Customer' (KYC) Guidelines – Anti Money Laundering Standards Please refer to our circular DBOD. No. AML.BC.18/ 14.01.001/2002-2003 dated August 16, 2002 on the guidelines on 'Know Your Customer' norms. Banks were advised to follow certain customer identification procedure for opening of accounts and monitoring transactions of a suspicious

RBI-2004-05/284DBOD.NO.AML.BC.58/14.01.001/2004-05November 29, 2004The Chief Executives of All Commercial BanksDear Sir, 'Know Your Customer' (KYC) Guidelines – Anti Money Laundering Standards Please refer to our circular DBOD. No. AML.BC.18/ 14.01.001/2002-2003 dated August 16, 2002 on the guidelines on 'Know Your Customer' norms. Banks were advised to follow certain customer identification procedure for opening of accounts and monitoring transactions of a suspicious

Know Your Customer (KYC) Guidelines - Anti Money Laundering Standards

Banks permitted to Finance NBFCs against Second Hand Assets

RBI/273/2004-05DBOD.IECS.BC.No. 57 /08.12.01(N)/2004-05 November 19, 2004 All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Mid-Term Review of the Annual Policy Statement for the year 2004-05 – Bank Finance to NBFCs Please refer to para 6.1(vi) of our Circular No. RBI 2004-05/14.DBOD.IECS.No.7/08.12.01/2004-05 dated July 1, 2004 read with para 3.8 of our Circular No. RBI/2004-05/79. DBOD.Dir.BC.20/13.03.00/2004-05 dated July 30, 2004, in terms of whic

RBI/273/2004-05DBOD.IECS.BC.No. 57 /08.12.01(N)/2004-05 November 19, 2004 All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Mid-Term Review of the Annual Policy Statement for the year 2004-05 – Bank Finance to NBFCs Please refer to para 6.1(vi) of our Circular No. RBI 2004-05/14.DBOD.IECS.No.7/08.12.01/2004-05 dated July 1, 2004 read with para 3.8 of our Circular No. RBI/2004-05/79. DBOD.Dir.BC.20/13.03.00/2004-05 dated July 30, 2004, in terms of whic

Banks permitted to Finance NBFCs against Second Hand Assets

Banks/FIs advised to ensure Submission of Borrowal Accounts Data to CIBIL

RBI/2004-05/272DBOD No.DL.BC.56/20.16.002/2004-05 November 6, 2004 All Scheduled Commercial Banks (excluding RRBs) and Notified All-India Financial Institutions and State Financial Corporations Dear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05 -Dissemination of credit information by CIBIL Reserve Bank had issued instructions to banks and financial institutions (FIs) vide circulars DBOD No.DL.BC.29 and 70/20.16.002/2002-03 dated October 1, 2002

RBI/2004-05/272DBOD No.DL.BC.56/20.16.002/2004-05 November 6, 2004 All Scheduled Commercial Banks (excluding RRBs) and Notified All-India Financial Institutions and State Financial Corporations Dear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05 -Dissemination of credit information by CIBIL Reserve Bank had issued instructions to banks and financial institutions (FIs) vide circulars DBOD No.DL.BC.29 and 70/20.16.002/2002-03 dated October 1, 2002

Banks/FIs advised to ensure Submission of Borrowal Accounts Data to CIBIL

Banks Advised to Formulate their own Cheque Collection Policy

RBI/2004/261 DBOD.No.Leg.BC.55 /09.07.005/2004-05 November 1, 2004 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Committee on Procedures and Performance Audit on Public Services (CPPAPS)- Formulating policy for (i) Immediate Credit of local / outstation cheques (ii) Time Frame for Collection of local / outstation cheques and (iii) Interest Payment for delayed collection As you are aware, Reserve Bank has been issuing instructions, from time to time, to

RBI/2004/261 DBOD.No.Leg.BC.55 /09.07.005/2004-05 November 1, 2004 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Committee on Procedures and Performance Audit on Public Services (CPPAPS)- Formulating policy for (i) Immediate Credit of local / outstation cheques (ii) Time Frame for Collection of local / outstation cheques and (iii) Interest Payment for delayed collection As you are aware, Reserve Bank has been issuing instructions, from time to time, to

Banks Advised to Formulate their own Cheque Collection Policy