Press Releases - আৰবিআই - Reserve Bank of India
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Press Releases
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নৱে 07, 2007Scheduled Banks' Statement of Position in India as on Friday, October 26, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 27.10.2006 12.10.2007 * 26.10.2007 * 27.10.2006 12.10.2007 * 26.10.2007 * a) Demand & time deposits from banks</strong> 33389.80 37344.63 36480.53 36016.17 40770.63 39850.49 ** b) Borrowings from banks 34943.56 22838.93 25559.51 35038.36 22853.16 25570.79 c) Other demand & time liabilities</strong> 8749.05 19430.16(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 27.10.2006 12.10.2007 * 26.10.2007 * 27.10.2006 12.10.2007 * 26.10.2007 * a) Demand & time deposits from banks</strong> 33389.80 37344.63 36480.53 36016.17 40770.63 39850.49 ** b) Borrowings from banks 34943.56 22838.93 25559.51 35038.36 22853.16 25570.79 c) Other demand & time liabilities</strong> 8749.05 19430.16
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অক্টো 24, 2007Scheduled Banks' Statement of Position in India as on Friday, October 12, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 13.10.2006 28.09.2007 * 12.10.2007 * 13.10.2006 28.09.2007 * 12.10.2007 * a) Demand & time deposits <br> from banks 33126.13 37635.94 37344.63 35788.08 41047.74 40770.63 ** b) Borrowings from banks 36266.93 30699.86 22838.93 36409.12 30723.09 22853.16 c) Other demand & time <br> liabilities 8438.47 17428.69 19430.1(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 13.10.2006 28.09.2007 * 12.10.2007 * 13.10.2006 28.09.2007 * 12.10.2007 * a) Demand & time deposits <br> from banks 33126.13 37635.94 37344.63 35788.08 41047.74 40770.63 ** b) Borrowings from banks 36266.93 30699.86 22838.93 36409.12 30723.09 22853.16 c) Other demand & time <br> liabilities 8438.47 17428.69 19430.1
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অক্টো 24, 2007RBI places revised Draft Guidelines on CDS on WebsiteThe Rerserve Bank of India today placed on its website the revised draft guidelines on Credit Default Swaps (CDS) for a second round of consultation. The revised draft will be available for comments/feedback for a period of fifteen days. Comments may please be sent to the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank of India, 12th Floor, Central Office Building, Shahid Bhagat Singh Marg, Fort, Mumbai-400001, Fax +91-2The Rerserve Bank of India today placed on its website the revised draft guidelines on Credit Default Swaps (CDS) for a second round of consultation. The revised draft will be available for comments/feedback for a period of fifteen days. Comments may please be sent to the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank of India, 12th Floor, Central Office Building, Shahid Bhagat Singh Marg, Fort, Mumbai-400001, Fax +91-2
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অক্টো 10, 2007Scheduled Banks' Statement of Position in India as on Friday, September 28, 2007(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 29.09.2006 14.09.2007 * 28.09.2007 * 29.09.2006 14.09.2007 * 28.09.2007 * (a) Demand & time deposits from banks</FONT> 34166.09 36745.29 37635.94 36875.98 40048.94 41047.74 ** (b) Borrowings from banks 34759.57 29322.50 30699.86 34890.05 29334.17 30723.09 (c) Other demand & time liabilities </FONT> 7557.13 14461.33(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 29.09.2006 14.09.2007 * 28.09.2007 * 29.09.2006 14.09.2007 * 28.09.2007 * (a) Demand & time deposits from banks</FONT> 34166.09 36745.29 37635.94 36875.98 40048.94 41047.74 ** (b) Borrowings from banks 34759.57 29322.50 30699.86 34890.05 29334.17 30723.09 (c) Other demand & time liabilities </FONT> 7557.13 14461.33
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ছেপ্তে 26, 2007Scheduled Banks' Statement of Position in India as on Friday, September 14, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 15-09-2006 31.08.2007 * 14.09.2007 * 15-09-2006 31.08.2007 * 14.09.2007 * a) Demand & time deposits from banks 32634.10 33342.14 36745.29 35323.68 36700.37 40048.94 ** b) Borrowings from banks 32887.87 28358.70 29322.50 32963.11 28375.86 29334.17 &nb(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 15-09-2006 31.08.2007 * 14.09.2007 * 15-09-2006 31.08.2007 * 14.09.2007 * a) Demand & time deposits from banks 32634.10 33342.14 36745.29 35323.68 36700.37 40048.94 ** b) Borrowings from banks 32887.87 28358.70 29322.50 32963.11 28375.86 29334.17 &nb
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ছেপ্তে 25, 2007Business As Usual in RBI on September 29, 2007All the departments of the Reserve Bank of India in Mumbai and Navi Mumbai which normally function on Saturdays will conduct business as usual on Saturday, September 29, 2007. Ajit Prasad Manager Press Release :2007-2008/416All the departments of the Reserve Bank of India in Mumbai and Navi Mumbai which normally function on Saturdays will conduct business as usual on Saturday, September 29, 2007. Ajit Prasad Manager Press Release :2007-2008/416
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ছেপ্তে 20, 2007A Profile of Banks : 2006-07A Profile of Banks 2006-07The publication, "A Profile of Banks 2006-07", is an attempt to provide quick and handy access to bank-wise data on important performance indicators of scheduled commercial banks, excluding regional rural banks. The publication covers 18 important indicators like return on assets, CRAR, business per employee, etc. The publication contains bank-wise data for the years 2002-03 to 2006-07, presented in a bank-centric way. For quick comparison wiA Profile of Banks 2006-07The publication, "A Profile of Banks 2006-07", is an attempt to provide quick and handy access to bank-wise data on important performance indicators of scheduled commercial banks, excluding regional rural banks. The publication covers 18 important indicators like return on assets, CRAR, business per employee, etc. The publication contains bank-wise data for the years 2002-03 to 2006-07, presented in a bank-centric way. For quick comparison wi
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ছেপ্তে 12, 2007Scheduled Banks' Statement of Position in India as on Friday, August 31, 2007(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 01.09.2006 17.08.2007 * 31.08.2007 * 01.09.2006 17.08.2007 * 31.08.2007 * a) Demand & time deposits from banks 31727.44 35713.37 33342.14 34395.88 39135.74 36700.37 ** b) Borrowings from banks 30046.40 30881.10 28358.70 30140.81 30895.44 28375.8(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 01.09.2006 17.08.2007 * 31.08.2007 * 01.09.2006 17.08.2007 * 31.08.2007 * a) Demand & time deposits from banks 31727.44 35713.37 33342.14 34395.88 39135.74 36700.37 ** b) Borrowings from banks 30046.40 30881.10 28358.70 30140.81 30895.44 28375.8
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আগ 29, 2007Scheduled Banks' Statement of Position in India as on Friday, August 17, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 18.08.2006 03.08.2007 * 17.08.2007 * 18.08.2006 03.08.2007 * 17.08.2007 * a) Demand & time deposits from banks 31557.49 35923.69 35713.37 34210.96 39335.91 39135.74 ** b) Borrowings from banks 28557.34 25375.52 30881.10 28617.10 25401.20 30895.(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 18.08.2006 03.08.2007 * 17.08.2007 * 18.08.2006 03.08.2007 * 17.08.2007 * a) Demand & time deposits from banks 31557.49 35923.69 35713.37 34210.96 39335.91 39135.74 ** b) Borrowings from banks 28557.34 25375.52 30881.10 28617.10 25401.20 30895.
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আগ 27, 2007RBI sanctions LKB Amalgamation with CBoPThe Reserve Bank of India has sanctioned the Scheme of Amalgamation of Lord Krishna Bank Ltd. with Centurion Bank of Punjab Ltd. The Scheme has been sanctioned in exercise of the powers contained in Sub-section (4) of Section 44A of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 29, 2007. All the branches of Lord Krishna Bank Ltd. will function as branches of Centurion Bank of Punjab Ltd. with effect from August 29, 2007. AlpThe Reserve Bank of India has sanctioned the Scheme of Amalgamation of Lord Krishna Bank Ltd. with Centurion Bank of Punjab Ltd. The Scheme has been sanctioned in exercise of the powers contained in Sub-section (4) of Section 44A of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 29, 2007. All the branches of Lord Krishna Bank Ltd. will function as branches of Centurion Bank of Punjab Ltd. with effect from August 29, 2007. Alp
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আগ 16, 2007Scheduled Banks' Statement of Position in India as on Friday, August 03, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 04.08.2006 20.07.2007 * 03.08.2007 * 04.08.2006 20.07.2007 * 03.08.2007 * a) Demand & time deposits from banks 31446.25 37530.31 35923.69 34107.90 40409.23 39335.91 ** b) Borrowings from banks 28037.30 23767.98 25375.52 28054.58 23801.06 25401.20 c) Other demand & time liabilities 8064.41 16583.55 16273.08(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 04.08.2006 20.07.2007 * 03.08.2007 * 04.08.2006 20.07.2007 * 03.08.2007 * a) Demand & time deposits from banks 31446.25 37530.31 35923.69 34107.90 40409.23 39335.91 ** b) Borrowings from banks 28037.30 23767.98 25375.52 28054.58 23801.06 25401.20 c) Other demand & time liabilities 8064.41 16583.55 16273.08
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আগ 02, 2007Scheduled Banks' Statement of Position in India as on Friday, July 20, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 21.07.2006 06.07.2007 * 20.07.2007 * 21.07.2006 06.07.2007 * 20.07.2007 * a) Demand & time deposits from banks 30596.03 34970.89 37530.31 33258.56 37846.82 40409.23 ** b) Borrowings from banks 27911.66 24785.90 23767.98 27922.72 24817.81 23801.(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 21.07.2006 06.07.2007 * 20.07.2007 * 21.07.2006 06.07.2007 * 20.07.2007 * a) Demand & time deposits from banks 30596.03 34970.89 37530.31 33258.56 37846.82 40409.23 ** b) Borrowings from banks 27911.66 24785.90 23767.98 27922.72 24817.81 23801.
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জুলাই 18, 2007Scheduled Banks' Statement of Position in India as on Friday, July 06, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 07.07.2006 22.06.2007 * 06.07.2007 * 07.07.2006 22.06.2007 * 06.07.2007 * a) Demand & time deposits from banks 31816.68 33291.07 34970.89 34610.54 35154.19 37846.82 ** b) Borrowings from banks 30440.56 27072.12 24785.90 30461.98 27135.41 24817.(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 07.07.2006 22.06.2007 * 06.07.2007 * 07.07.2006 22.06.2007 * 06.07.2007 * a) Demand & time deposits from banks 31816.68 33291.07 34970.89 34610.54 35154.19 37846.82 ** b) Borrowings from banks 30440.56 27072.12 24785.90 30461.98 27135.41 24817.
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জুলাই 16, 2007Committee on Financial Sector AssessmentIn continuation of the Press Release 2006-2007/ 940 dated January 11, 2007 regarding constitution of the Committee on Financial Sector Assessment, it has been decided to appoint Dr. D.Subbarao, Finance Secretary, Government of India as the Co-chairman of the Committee on retirement of Shri Ashok Jha, the earlier Finance Secretary and Co-chairman of the Committee. Accordingly, the composition of the reconstituted Committee on Financial Sector Assessment is as follows:In continuation of the Press Release 2006-2007/ 940 dated January 11, 2007 regarding constitution of the Committee on Financial Sector Assessment, it has been decided to appoint Dr. D.Subbarao, Finance Secretary, Government of India as the Co-chairman of the Committee on retirement of Shri Ashok Jha, the earlier Finance Secretary and Co-chairman of the Committee. Accordingly, the composition of the reconstituted Committee on Financial Sector Assessment is as follows:
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জুলাই 04, 2007Scheduled Banks' Statement of Position in India as on Friday, June 22, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 23.06.2006 08.06.2007 * 22.06.2007 * 23.06.2006 08.06.2007 * 22.06.2007 * a) Demand & time deposits from banks 31763.77 36947.85 33291.07 34394.39 38788.38 35154.19 ** b) Borrowings from banks 31341.10 25700.40 27072.12 31380.77 25776.73 27135.(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 23.06.2006 08.06.2007 * 22.06.2007 * 23.06.2006 08.06.2007 * 22.06.2007 * a) Demand & time deposits from banks 31763.77 36947.85 33291.07 34394.39 38788.38 35154.19 ** b) Borrowings from banks 31341.10 25700.40 27072.12 31380.77 25776.73 27135.
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জুন 20, 2007Scheduled Banks' Statement of Position in India as on Friday, June 8, 2007(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 09.06.2006 25.05.2007 * 08.06.2007 * 09.06.2006 25.05.2007 * 08.06.2007 * a) Demand & time deposits from banks 32092.43 36027.68 36947.85 34709.93 37728.28 38788.38 ** b) Borrowings from banks 28387.31 28817.77 25700.40 28414.05 28889.75 25776.7(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 09.06.2006 25.05.2007 * 08.06.2007 * 09.06.2006 25.05.2007 * 08.06.2007 * a) Demand & time deposits from banks 32092.43 36027.68 36947.85 34709.93 37728.28 38788.38 ** b) Borrowings from banks 28387.31 28817.77 25700.40 28414.05 28889.75 25776.7
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মে’ 23, 2007Scheduled Banks' Statement of Position in India as on Friday, May 11, 2007(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 12.05.2006 27.04.2007 * 11.05.2007 * 12.05.2006 27.04.2007 * 11.05.2007 * a) Demand & time deposits from banks 32387.46 38011.42 38210.16 35038.42 39868.89 40050.69 ** b) Borrowings from banks 28211.14 34289.04 29339.24 28252.23 34399.71 29462.1(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 12.05.2006 27.04.2007 * 11.05.2007 * 12.05.2006 27.04.2007 * 11.05.2007 * a) Demand & time deposits from banks 32387.46 38011.42 38210.16 35038.42 39868.89 40050.69 ** b) Borrowings from banks 28211.14 34289.04 29339.24 28252.23 34399.71 29462.1
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মে’ 17, 2007RBI and 910 branches of Banks to accept Advance Income TaxAs many as 910 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of the income tax assesses. Of the 910 bank branches 833 branches are public sector bank branches, 36 HDFC bank branches, 9 ICICI bank branches, 19 UTI bank branches and 13 IDBI bank branches. The Reserve Bank of India has advised income tax assesses to take advantage of these staAs many as 910 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of the income tax assesses. Of the 910 bank branches 833 branches are public sector bank branches, 36 HDFC bank branches, 9 ICICI bank branches, 19 UTI bank branches and 13 IDBI bank branches. The Reserve Bank of India has advised income tax assesses to take advantage of these sta
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মে’ 09, 2007Scheduled Banks' Statement of Position in India as on Friday, April 27, 2007(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 28.04.2006 13.04.2007 * 27.04.2007 * 28.04.2006 13.04.2007 * 27.04.2007 * Demand & time deposits from banks 32442.02 39366.72 38011.42 35097.61 41210.76 39868.89 ** Borrowings from banks 29183.43 37767.75 34289.04 29244.42 37835.16 34399.71(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 28.04.2006 13.04.2007 * 27.04.2007 * 28.04.2006 13.04.2007 * 27.04.2007 * Demand & time deposits from banks 32442.02 39366.72 38011.42 35097.61 41210.76 39868.89 ** Borrowings from banks 29183.43 37767.75 34289.04 29244.42 37835.16 34399.71
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এপ্ৰিল 25, 2007Scheduled Banks' Statement of Position in India as on Friday, April 13, 2007(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 14.04.2006 30.03.2007 * 13.04.2007 * 14.04.2006 30.03.2007 * 13.04.2007 * a) Demand & time deposits from banks 36137.44 40082.66 39366.72 38806.02 41887.26 41210.76 ** b) Borrowings from banks 29128.16 35130.95 37767.75 29157.20 35158.15 37835.1(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 14.04.2006 30.03.2007 * 13.04.2007 * 14.04.2006 30.03.2007 * 13.04.2007 * a) Demand & time deposits from banks 36137.44 40082.66 39366.72 38806.02 41887.26 41210.76 ** b) Borrowings from banks 29128.16 35130.95 37767.75 29157.20 35158.15 37835.1
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এপ্ৰিল 13, 2007Reserve Bank of India (Amendment) Act, 2006: Provisions Relating to CRRThe Government of India has notified Section 3 of the Reserve Bank of India (Amendment) Act, 2006 (Act 26 of 2006) and has appointed the first day of April 2007 as the date on which the provisions of Section 3 of the said Act shall come into force. Section 3 the Reserve Bank of India (Amendment) Act, 2006 provides for the removal of:[by amendment of sub-Section 42(1A) of the Reserve Bank of India Act, 1934] the ceiling and floor on the cash reserve ratio (CRR) to be pThe Government of India has notified Section 3 of the Reserve Bank of India (Amendment) Act, 2006 (Act 26 of 2006) and has appointed the first day of April 2007 as the date on which the provisions of Section 3 of the said Act shall come into force. Section 3 the Reserve Bank of India (Amendment) Act, 2006 provides for the removal of:[by amendment of sub-Section 42(1A) of the Reserve Bank of India Act, 1934] the ceiling and floor on the cash reserve ratio (CRR) to be p
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এপ্ৰিল 11, 2007Scheduled Banks' Statement of Position in India as on Friday, March 30, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 31.03.2006 16.03.2007 * 30.03.2007 * 31.03.2006 16.03.2007 * 30.03.2007 * a) Demand & time deposits from banks 37077.59 35974.09 40082.66 39749.78 37783.30 41887.26 ** b) Borrowings from banks 29196.95 36729.54 35130.95 29231.61 36753.10 35158.(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 31.03.2006 16.03.2007 * 30.03.2007 * 31.03.2006 16.03.2007 * 30.03.2007 * a) Demand & time deposits from banks 37077.59 35974.09 40082.66 39749.78 37783.30 41887.26 ** b) Borrowings from banks 29196.95 36729.54 35130.95 29231.61 36753.10 35158.
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মাৰ্চ 28, 2007Scheduled Banks' Statement of Position in India as on Friday, March 16, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs)All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 17.03.2006 02.03.2007 * 16.03.2007 * 17.03.2006 02.03.2007 * 16.03.2007 * a) Demand & time deposits from banks 33258.72 36080.97 35974.09 35803.28 37889.43 37783.30 ** b) Borrowings from banks 30835.17 30075.30 36729.54 30900.56 30111.16 36753.10(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs)All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 17.03.2006 02.03.2007 * 16.03.2007 * 17.03.2006 02.03.2007 * 16.03.2007 * a) Demand & time deposits from banks 33258.72 36080.97 35974.09 35803.28 37889.43 37783.30 ** b) Borrowings from banks 30835.17 30075.30 36729.54 30900.56 30111.16 36753.10
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মাৰ্চ 14, 2007Scheduled Banks' Statement of Position in India as on Friday, March 02, 2007(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 03.03.2006 16.02.2007 * 02.03.2007 * 03.03.2006 16.02.2007 * 02.03.2007 * a) Demand & time deposits from banks 31991.60 35570.32 36080.97 34513.50 37439.68 37889.43 ** b) Borrowings from banks 27405.47 33469.11 30075.30 27421.92 33503.57 30111.1(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 03.03.2006 16.02.2007 * 02.03.2007 * 03.03.2006 16.02.2007 * 02.03.2007 * a) Demand & time deposits from banks 31991.60 35570.32 36080.97 34513.50 37439.68 37889.43 ** b) Borrowings from banks 27405.47 33469.11 30075.30 27421.92 33503.57 30111.1
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মাৰ্চ 02, 2007Reserve Bank Cancels the Licence of Shri Kalmeshwar Urban Co-operative Bank Ltd., Hole-Alur, Dist.Gadag (Karnataka)In view of the fact that Shri Kalmeshwar Urban Co-operative Bank Ltd., Hole-Alur, Dist.Gadag (Karnataka), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on February 28, 2007. The Commissioner for Co-operation and Registrar of Co-operative Societies, KIn view of the fact that Shri Kalmeshwar Urban Co-operative Bank Ltd., Hole-Alur, Dist.Gadag (Karnataka), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on February 28, 2007. The Commissioner for Co-operation and Registrar of Co-operative Societies, K
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ফেব্ৰু 28, 2007Scheduled Banks' Statement of Position in India as on Friday, February 16, 2007(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 17.02.2006 02.02.2007 * 16.02.2007 * 17.02.2006 02.02.2007 * 16.02.2007 * a) Demand & time deposits from banks 29564.77 35861.77 35570.32 32113.08 37715.92 37439.68 ** b) Borrowings from banks 24859.21 33699.49 33469.11 24879.49 33741.25 33503.57 &nbs(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 17.02.2006 02.02.2007 * 16.02.2007 * 17.02.2006 02.02.2007 * 16.02.2007 * a) Demand & time deposits from banks 29564.77 35861.77 35570.32 32113.08 37715.92 37439.68 ** b) Borrowings from banks 24859.21 33699.49 33469.11 24879.49 33741.25 33503.57 &nbs
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ফেব্ৰু 23, 2007Reserve Bank of India (Amendment) Act, 2006: Provisions Relating to Interest on CRRThe Reserve Bank of India (Amendment) Act, 2006 was enacted in June 2006. Consequent to the enactment, the Reserve Bank, vide its press release and circulars dated June 22, 2006 decided (i) to continue the status quo on the rate of cash reserve ratio (CRR) to be maintained by Scheduled Banks and the extant exemptions; (ii) to remove the statutory minimum CRR maintenance requirement of 3 per cent; and (iii) hence not to pay any interest on the eligible CRR balances maiThe Reserve Bank of India (Amendment) Act, 2006 was enacted in June 2006. Consequent to the enactment, the Reserve Bank, vide its press release and circulars dated June 22, 2006 decided (i) to continue the status quo on the rate of cash reserve ratio (CRR) to be maintained by Scheduled Banks and the extant exemptions; (ii) to remove the statutory minimum CRR maintenance requirement of 3 per cent; and (iii) hence not to pay any interest on the eligible CRR balances mai
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ফেব্ৰু 14, 2007Scheduled Banks' Statement of Position in India as on Friday, February 02, 2007(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 03.02.2006 19.01.2007 * 02.02.2007 * 03.02.2006 19.01.2007 * 02.02.2007 * 1. Demand & time deposits from banks 32825.99 34702.68 35861.77 35374.27 36492.62 37715.92 ** 2. Borrowings from banks 27361.12 30946.49 33699.49 27422.55 30996.11 33741.25 &(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 03.02.2006 19.01.2007 * 02.02.2007 * 03.02.2006 19.01.2007 * 02.02.2007 * 1. Demand & time deposits from banks 32825.99 34702.68 35861.77 35374.27 36492.62 37715.92 ** 2. Borrowings from banks 27361.12 30946.49 33699.49 27422.55 30996.11 33741.25 &
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জানু 31, 2007Scheduled Banks' Statement of Position in India as on Friday, January 19, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 20.01.2006 05.01.2007 * 19.01.2007 * 20.01.2006 05.01.2007 * 19.01.2007 * a) Demand & time deposits from banks 33275.16 32546.04 34702.68 35826.78 34334.35 36492.62 ** b) Borrowings from banks 27468.80 31381.02 30946.49 27550.94 31446.40 3099(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 20.01.2006 05.01.2007 * 19.01.2007 * 20.01.2006 05.01.2007 * 19.01.2007 * a) Demand & time deposits from banks 33275.16 32546.04 34702.68 35826.78 34334.35 36492.62 ** b) Borrowings from banks 27468.80 31381.02 30946.49 27550.94 31446.40 3099
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জানু 17, 2007Scheduled Banks' Statement of Position in India as on Friday, January 05, 2007(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 06.01.2006 22.12.2006 * 05.01.2007 * 06.01.2006 22.12.2006 * 05.01.2007 * Demand & time deposits from banks 33740.78 32672.87 32546.04 36257.88 34447.39 34334.35 ** Borrowings from banks 30300.81 33007.33 31381.02 30327.12 33081.11 31446.40 &(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 06.01.2006 22.12.2006 * 05.01.2007 * 06.01.2006 22.12.2006 * 05.01.2007 * Demand & time deposits from banks 33740.78 32672.87 32546.04 36257.88 34447.39 34334.35 ** Borrowings from banks 30300.81 33007.33 31381.02 30327.12 33081.11 31446.40 &
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জানু 03, 2007Scheduled Banks' Statement of Position in India as on Friday, December 22, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 23.12.2005 08.12.2006 * 22.12.2006 * 23.12.2005 08.12.2006 * 22.12.2006 * a) Demand & time deposits from banks 41048.62 34672.84 32672.87 43548.48 36420.84 34447.39 ** b) Borrowings from banks 35061.66 33492.64 33007.33 35150.15 33563.54 3308(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 23.12.2005 08.12.2006 * 22.12.2006 * 23.12.2005 08.12.2006 * 22.12.2006 * a) Demand & time deposits from banks 41048.62 34672.84 32672.87 43548.48 36420.84 34447.39 ** b) Borrowings from banks 35061.66 33492.64 33007.33 35150.15 33563.54 3308
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ডিচে 20, 2006Scheduled Banks' Statement of Position in India as on Friday, December 08, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 09.12.2005 24.11.2006 * 08.12.2006 * 09.12.2005 24.11.2006 * 08.12.2006 * a) Demand & time deposits from banks 40714.74 33716.00 34672.84 43206.84 35490.16 36420.84 ** b) Borrowings from banks 31891.56 32733.23 33492.64 31920.90 33012.68 3356(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 09.12.2005 24.11.2006 * 08.12.2006 * 09.12.2005 24.11.2006 * 08.12.2006 * a) Demand & time deposits from banks 40714.74 33716.00 34672.84 43206.84 35490.16 36420.84 ** b) Borrowings from banks 31891.56 32733.23 33492.64 31920.90 33012.68 3356
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ডিচে 06, 2006Scheduled Banks' Statement of Position in India as on Friday, November 24, 2006` (Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 25.11.2005 10.11.2006 * 24.11.2006 * 25.11.2005 10.11.2006 * 24.11.2006 * a).Demand & time deposits from banks 40217.22 33805.14 33716.00 42693.67 35462.05 35490.16 ** b).Borrowings from banks 34131.45 30454.37 32733.23 34199.05 30542.33 33` (Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 25.11.2005 10.11.2006 * 24.11.2006 * 25.11.2005 10.11.2006 * 24.11.2006 * a).Demand & time deposits from banks 40217.22 33805.14 33716.00 42693.67 35462.05 35490.16 ** b).Borrowings from banks 34131.45 30454.37 32733.23 34199.05 30542.33 33
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নৱে 22, 2006Scheduled Banks' Statement of Position in India as on Friday, November 10, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 11.11.2005 27.10.2006 * 10.11.2006 * 11.11.2005 27.10.2006 * 10.11.2006 * a) Demand & time deposits from banks 39859.83 40363.01 33805.14 42352.54 42119.12 35462.05 ** b) Borrowings from banks 33433.79 34943.14 30454.37 33556.97 35079.44 3054(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 11.11.2005 27.10.2006 * 10.11.2006 * 11.11.2005 27.10.2006 * 10.11.2006 * a) Demand & time deposits from banks 39859.83 40363.01 33805.14 42352.54 42119.12 35462.05 ** b) Borrowings from banks 33433.79 34943.14 30454.37 33556.97 35079.44 3054
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নৱে 14, 2006RBI releases Report on Trend and Progress of Banking in India, 2005-06The Reserve Bank of India today released its Report on Trend and Progress of Banking in India, 2005-06. The Report provides a detailed account of policy developments and performance of commercial banks, co-operative banks and non-banking financial institutions during 2005-06. The Report also presents a detailed analysis of the Indian financial system from the financial stability viewpoint. The Report has seven chapters. Statistical tables appended to the Report providThe Reserve Bank of India today released its Report on Trend and Progress of Banking in India, 2005-06. The Report provides a detailed account of policy developments and performance of commercial banks, co-operative banks and non-banking financial institutions during 2005-06. The Report also presents a detailed analysis of the Indian financial system from the financial stability viewpoint. The Report has seven chapters. Statistical tables appended to the Report provid
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নৱে 08, 2006Scheduled Banks' Statement of Position in India as on Friday, October 27, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 28.10.2005 13.10.2006 * 27.10.2006 * 28.10.2005 13.10.2006 * 27.10.2006 * a) Demand & time deposits from banks 39477.64 33031.55 40363.01 41053.12 34784.62 42119.12 ** b) Borrowings from banks 31980.82 35623.28 34943.14 32003.77 35762.45 3507(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 28.10.2005 13.10.2006 * 27.10.2006 * 28.10.2005 13.10.2006 * 27.10.2006 * a) Demand & time deposits from banks 39477.64 33031.55 40363.01 41053.12 34784.62 42119.12 ** b) Borrowings from banks 31980.82 35623.28 34943.14 32003.77 35762.45 3507
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অক্টো 23, 2006Scheduled Banks' Statement of Position in India as on Friday, October 13, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 14.10.2005 29.09.2006 * 13.10.2006 * 14.10.2005 29.09.2006 * 13.10.2006 * a)Demand & time deposits from banks 38800.98 33826.94 33031.55 41312.20 35559.53 34784.62 ** b)Borrowings from banks 33267.10 34799.82 35623.28 33304.95 34875.05 35762.(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 14.10.2005 29.09.2006 * 13.10.2006 * 14.10.2005 29.09.2006 * 13.10.2006 * a)Demand & time deposits from banks 38800.98 33826.94 33031.55 41312.20 35559.53 34784.62 ** b)Borrowings from banks 33267.10 34799.82 35623.28 33304.95 34875.05 35762.
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অক্টো 11, 2006Scheduled Banks' Statement of Position in India as on Friday, September 29, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 30.09.2005 15.09.2006* 29.09.2006* 30.09.2005 15.09.2006* 29.09.2006* Variation(SCBs) a)Demand & Time deposits from banks 39167.50 32834.01 33826.94 41692.22 34576.26 35559.53** 992.93 b)Borrowings from banks 31552.52 33723.08 34799.82 31586.54 33820.53 34875.05 1076.74 c)Othe(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 30.09.2005 15.09.2006* 29.09.2006* 30.09.2005 15.09.2006* 29.09.2006* Variation(SCBs) a)Demand & Time deposits from banks 39167.50 32834.01 33826.94 41692.22 34576.26 35559.53** 992.93 b)Borrowings from banks 31552.52 33723.08 34799.82 31586.54 33820.53 34875.05 1076.74 c)Othe
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ছেপ্তে 27, 2006Scheduled Banks' Statement of Position in India as on Friday, September 15, 2006(Amount in Crores of Rupees) SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS (Including RRBs) I LIABILITIES TO THE BKG.SYSTEM (A) 16.09.2005 01.09.2006 * 15.09.2006 * 16.09.2005 01.09.2006 * 15.09.2006 * a) Demand & Time deposits from bks. 38252.85 32142.73 32834.01 39818.34 33866.26 34576.26(Amount in Crores of Rupees) SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS (Including RRBs) I LIABILITIES TO THE BKG.SYSTEM (A) 16.09.2005 01.09.2006 * 15.09.2006 * 16.09.2005 01.09.2006 * 15.09.2006 * a) Demand & Time deposits from bks. 38252.85 32142.73 32834.01 39818.34 33866.26 34576.26
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ছেপ্তে 26, 2006Business As Usual in RBI on September 30, 2006All the departments of the Reserve Bank of India in Mumbai and Navi Mumbai which normally function on Saturdays will conduct business as usual on Saturday, September 30, 2006. P.V.Sadanandan Manager Press Release : 2006-2007/431All the departments of the Reserve Bank of India in Mumbai and Navi Mumbai which normally function on Saturdays will conduct business as usual on Saturday, September 30, 2006. P.V.Sadanandan Manager Press Release : 2006-2007/431
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ছেপ্তে 15, 2006A Profile of Banks : 2005-06The Reserve Bank of India today released 'A Profile of Banks : 2005-2006. The publication is an attempt to provide quick and handy access to data on scheduled commercial banks, excluding regional rural banks. The publication covers 18 important indicators, such as, business per employee, profit per employee, return assets, Capital to Risk Weighted Assets Ratio (CRAR) and net Non-Performing Assets (NPA) ratio. Data are presented in a bank-centric way with user-friendliThe Reserve Bank of India today released 'A Profile of Banks : 2005-2006. The publication is an attempt to provide quick and handy access to data on scheduled commercial banks, excluding regional rural banks. The publication covers 18 important indicators, such as, business per employee, profit per employee, return assets, Capital to Risk Weighted Assets Ratio (CRAR) and net Non-Performing Assets (NPA) ratio. Data are presented in a bank-centric way with user-friendli
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ছেপ্তে 15, 2006RBI releases Report of the Working Group to formulate a Scheme for ensuring Reasonableness of Bank ChargesThe Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) the report of the Working Group to formulate a Scheme for ensuring Reasonableness of Bank Charges. Views/suggestions on the recommendations of the Working can be faxed to 022-22630482. The practice of Indian Banks' Association fixing the benchmark service charges on behalf of the member banks was discontinued in 1999 and the decision to prescribe service charges was left to the discretion ofThe Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) the report of the Working Group to formulate a Scheme for ensuring Reasonableness of Bank Charges. Views/suggestions on the recommendations of the Working can be faxed to 022-22630482. The practice of Indian Banks' Association fixing the benchmark service charges on behalf of the member banks was discontinued in 1999 and the decision to prescribe service charges was left to the discretion of
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ছেপ্তে 13, 2006Scheduled Banks' Statement of Position in India as on Friday, September 1, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 02.09.2005 18.08.2006 * 01.09.2006 * 02.09.2005 18.08.2006 * 01.09.2006 * a) Demand & time deposits from banks 38349.21 32003.02 32142.73 40813.39 33694.56 33866.26 ** b) Borrowings from banks 30310.88 28593.85 29960.71 30354.63 28645.11 3004(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 02.09.2005 18.08.2006 * 01.09.2006 * 02.09.2005 18.08.2006 * 01.09.2006 * a) Demand & time deposits from banks 38349.21 32003.02 32142.73 40813.39 33694.56 33866.26 ** b) Borrowings from banks 30310.88 28593.85 29960.71 30354.63 28645.11 3004
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ছেপ্তে 12, 2006RBI announces Draft Scheme of Amalgamation of UWB with Industrial Development Bank of India LimitedThe Reserve Bank of India has today placed in public domain a draft scheme of amalgamation of the United Western Bank Ltd. (UWB) with the Industrial Development Bank of India Limited. The draft scheme has also been sent to both the banks. The Reserve Bank has invited suggestions and objections on the draft scheme from the members of public, including the banks' shareholders, depositors and creditors. Both the banks have been given two weeks’ time up to Wednesday, SeptThe Reserve Bank of India has today placed in public domain a draft scheme of amalgamation of the United Western Bank Ltd. (UWB) with the Industrial Development Bank of India Limited. The draft scheme has also been sent to both the banks. The Reserve Bank has invited suggestions and objections on the draft scheme from the members of public, including the banks' shareholders, depositors and creditors. Both the banks have been given two weeks’ time up to Wednesday, Sept
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ছেপ্তে 02, 2006United Western Bank Ltd. Placed under MoratoriumOn an application by the Reserve Bank of India, the Central Government has today issued an Order of Moratorium in respect of the United Western Bank Ltd. The Order of Moratorium has been passed by the Central Government in public interest, in the interest of depositors and the banking system. The moratorium will be effective from 14.00 hrs. on Saturday, September 2, 2006 up to and inclusive of December 1, 2006 or an earlier date, if alternate arrangements are put in pOn an application by the Reserve Bank of India, the Central Government has today issued an Order of Moratorium in respect of the United Western Bank Ltd. The Order of Moratorium has been passed by the Central Government in public interest, in the interest of depositors and the banking system. The moratorium will be effective from 14.00 hrs. on Saturday, September 2, 2006 up to and inclusive of December 1, 2006 or an earlier date, if alternate arrangements are put in p
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আগ 30, 2006Scheduled Banks' Statement of Position in India as on Friday, August 18, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 19.08.2005 04.08.2006 * 18.08.2006 * 19.08.2005 04.08.2006 * 18.08.2006 * a) Demand & time deposits from banks 38370.83 31017.02 32003.02 39987.44 32688.43 33694.56 ** b)Borrowings from banks 29907.39 28042.55 28593.85 30027.20 28049.27 28645.11 &nb(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 19.08.2005 04.08.2006 * 18.08.2006 * 19.08.2005 04.08.2006 * 18.08.2006 * a) Demand & time deposits from banks 38370.83 31017.02 32003.02 39987.44 32688.43 33694.56 ** b)Borrowings from banks 29907.39 28042.55 28593.85 30027.20 28049.27 28645.11 &nb
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আগ 21, 2006RBI fines IDBI Ltd. for violation of KYC Norms and guidelines on IPO financeThe Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act, 1949, today imposed monetary penalty of Rs.5 lakh on IDBI Ltd. for violation of the Reserve Bank of India guidelines on opening of accounts, including joint accounts, Know Your Customer (KYC) norms and also for violation of extant guidelines of the Reserve Bank relating to IPO financing. The Reserve Bank had issued a show cause noticThe Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act, 1949, today imposed monetary penalty of Rs.5 lakh on IDBI Ltd. for violation of the Reserve Bank of India guidelines on opening of accounts, including joint accounts, Know Your Customer (KYC) norms and also for violation of extant guidelines of the Reserve Bank relating to IPO financing. The Reserve Bank had issued a show cause notic
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আগ 17, 2006Scheduled Banks' Statement of Position in India as on Friday, August 04, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 05.08.2005 21.07.2006 * 04.08.2006 * 05.08.2005 21.07.2006 * 04.08.2006 * Demand & time deposits from banks 39406.55 31817.63 31017.02 41944.90 33508.56 32688.43 ** Borrowings from banks 26383.78 27546.32 28042.55 26509.76 27558.63 28049.27 O(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 05.08.2005 21.07.2006 * 04.08.2006 * 05.08.2005 21.07.2006 * 04.08.2006 * Demand & time deposits from banks 39406.55 31817.63 31017.02 41944.90 33508.56 32688.43 ** Borrowings from banks 26383.78 27546.32 28042.55 26509.76 27558.63 28049.27 O
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আগ 02, 2006Scheduled Banks' Statement of Position in India as on Friday, July 21, 2006(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 22.07.2005 07.07.2006 * 21.07.2006 * 22.07.2005 07.07.2006 * 21.07.2006 * Demand & time deposits from banks 38010.16 31870.47 31817.63 41375.96 33680.31 33508.56 ** Borrowings from banks 30397.57 30217.13 27546.32 30557.92 30232.43 27558.63 &(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 22.07.2005 07.07.2006 * 21.07.2006 * 22.07.2005 07.07.2006 * 21.07.2006 * Demand & time deposits from banks 38010.16 31870.47 31817.63 41375.96 33680.31 33508.56 ** Borrowings from banks 30397.57 30217.13 27546.32 30557.92 30232.43 27558.63 &
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জুলাই 28, 2006HLCC on financial markets meetsA meeting of the High Level Coordination Committee on Financial Markets (HLCCFM) was held today at the Reserve Bank of India (RBI), Mumbai. Dr. Y.V.Reddy, Governor, Reserve Bank of India chaired the meeting. Shri A.K.Jha, Secretary, Economic Affairs, Ministry of Finance, Government of India, Shri M.Damodaran Chairman, Securities and Exchange Board of India (SEBI), Shri C.S.Rao, Chairman, Insurance Regulatory and Development Authority (IRDA), Shri D.Swarup, Chairman, PA meeting of the High Level Coordination Committee on Financial Markets (HLCCFM) was held today at the Reserve Bank of India (RBI), Mumbai. Dr. Y.V.Reddy, Governor, Reserve Bank of India chaired the meeting. Shri A.K.Jha, Secretary, Economic Affairs, Ministry of Finance, Government of India, Shri M.Damodaran Chairman, Securities and Exchange Board of India (SEBI), Shri C.S.Rao, Chairman, Insurance Regulatory and Development Authority (IRDA), Shri D.Swarup, Chairman, P
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