Tender for 17-year Government Stock for an aggregate amount of Rs.2,000 crore : Auction to be held on April 27,2001.

Tender for 17-year Government Stock for an aggregate amount of Rs.2,000 crore : Auction to be held on April 27,2001.

Recommendations of High Power Committee-
Opening of Extension Counters by Urban
Co-operative Banks - Revised Policy

BL.(PCB)46/07.01.00/2000-01 April 26, 2001Vaisakha 6,1923(S)Chief Executive Officers ofall Primary (Urban) Co-operative Banks Dear Sir,Recommendations of High Power Committee-Opening of Extension Counters by Urban Co-operative Banks - Revised Policy The existing policy for opening of extension counters by Urban Co-operative Banks (UCBs) has been reviewed by a High Power Committee (HPC) constituted by Reserve Bank of India in 1999. Based on the recommendations of the C

BL.(PCB)46/07.01.00/2000-01 April 26, 2001Vaisakha 6,1923(S)Chief Executive Officers ofall Primary (Urban) Co-operative Banks Dear Sir,Recommendations of High Power Committee-Opening of Extension Counters by Urban Co-operative Banks - Revised Policy The existing policy for opening of extension counters by Urban Co-operative Banks (UCBs) has been reviewed by a High Power Committee (HPC) constituted by Reserve Bank of India in 1999. Based on the recommendations of the C

Recommendations of High Power Committee- Opening of Extension Counters by Urban Co-operative Banks - Revised Policy

Recommendations of the High Power Committee -
Review of Branch Licensing Policy

BL(PCB)No.47/ 07.01.00 / 2000-1April 26, 2001Vaisakha 6,1923(S)Chief Executive Officers ofPrimary ( Urban ) Co-operative Banks(except Salary Earners' Banks)Dear Sir,Recommendations of the High Power Committee - Review of Branch Licensing Policy Reserve Bank of India had constituted a High Power Committee on Urban Co-operative Banks (UCBs) under the Chairmanship of Shri K. Madhava Rao, to review the performance of UCBs and suggest necessary measures to strengthen them.

BL(PCB)No.47/ 07.01.00 / 2000-1April 26, 2001Vaisakha 6,1923(S)Chief Executive Officers ofPrimary ( Urban ) Co-operative Banks(except Salary Earners' Banks)Dear Sir,Recommendations of the High Power Committee - Review of Branch Licensing Policy Reserve Bank of India had constituted a High Power Committee on Urban Co-operative Banks (UCBs) under the Chairmanship of Shri K. Madhava Rao, to review the performance of UCBs and suggest necessary measures to strengthen them.

Recommendations of the High Power Committee - Review of Branch Licensing Policy

Recommendations of High Power Committee -
Area of operation of primary (urban) co-operative
Banks - Revised Policy Approach

BL(PCB)48/07.01.00/2000-01April 26, 2001Vaisakha 6, 1923(S)Chief Executive Officers of all Primary (Urban) Co-operative BanksDear Sir,Recommendations of High Power Committee -Area of operation of primary (urban) co-operative Banks - Revised Policy ApproachThe policy regarding area of operation of Urban Co-operative Banks(UCBs) has been reviewed by a High Power Committee on UCBs constituted by RBI in 1999. The Committee had submitted its recommendations based on which

BL(PCB)48/07.01.00/2000-01April 26, 2001Vaisakha 6, 1923(S)Chief Executive Officers of all Primary (Urban) Co-operative BanksDear Sir,Recommendations of High Power Committee -Area of operation of primary (urban) co-operative Banks - Revised Policy ApproachThe policy regarding area of operation of Urban Co-operative Banks(UCBs) has been reviewed by a High Power Committee on UCBs constituted by RBI in 1999. The Committee had submitted its recommendations based on which

Recommendations of High Power Committee - Area of operation of primary (urban) co-operative Banks - Revised Policy Approach

Rupee Export Credit Interest Rates

IECD No.13/04.02.01/2000-01 April 19, 2001 The Chairmen/Chief Executives of all commercial banks Dear Sir, Rupee Export Credit Interest Rates Please refer to paragraphs 67 to 69 of the statement on Monetary and Credit Policy for the year 2001-2002 enclosed to the Governor's letter No.MPD/BC/206/07.01.279/2000-01 dated April 19,2001. 2. Accordingly, it has been decided to specify only ceilings on interest rates for rupee export credit which will be linked to Prime Lend

IECD No.13/04.02.01/2000-01 April 19, 2001 The Chairmen/Chief Executives of all commercial banks Dear Sir, Rupee Export Credit Interest Rates Please refer to paragraphs 67 to 69 of the statement on Monetary and Credit Policy for the year 2001-2002 enclosed to the Governor's letter No.MPD/BC/206/07.01.279/2000-01 dated April 19,2001. 2. Accordingly, it has been decided to specify only ceilings on interest rates for rupee export credit which will be linked to Prime Lend

Rupee Export Credit Interest Rates

Interest rates on Export Credit in Foreign Currency

IECD No. 14/04.02.01/2000-01 April 19, 2001 The Chairmen/Chief Executives of all commercial banks Dear Sir, Interest rates on Export Credit in Foreign Currency ------------------------------------- Please refer to paragraph 70 of the statement on Monetary and Credit Policy for the year 2001-2002 enclosed to the Governor's letter No.MPD/BC/206/07.01.279/2000-01 dated April 19, 2001 relating to export credit in foreign currency. 2. With the ceiling rate on FCNR (B) depo

IECD No. 14/04.02.01/2000-01 April 19, 2001 The Chairmen/Chief Executives of all commercial banks Dear Sir, Interest rates on Export Credit in Foreign Currency ------------------------------------- Please refer to paragraph 70 of the statement on Monetary and Credit Policy for the year 2001-2002 enclosed to the Governor's letter No.MPD/BC/206/07.01.279/2000-01 dated April 19, 2001 relating to export credit in foreign currency. 2. With the ceiling rate on FCNR (B) depo

Interest rates on Export Credit in Foreign Currency

Section 42 (1) of the Reserve Bank of India Act, 1934
Maintenance of Cash Reserve Ratio (CRR)

DBOD.BC103/12.01.001: 2000- 2001 April 19, 2001 Chaitra 29, 1923 (Saka) All Scheduled Commercial Banks ( excluding Regional Rural Banks) Dear Sir, Section 42 (1) of the Reserve Bank of India Act, 1934 Maintenance of Cash Reserve Ratio (CRR) Please refer to paragraphs 75, 76 and 77 of the Governor's statement on Monetary & Credit Policy for the year 2001- 2002 ( MPD. BC. 206/07.01.279/2000- 01 dated April 19, 2001) regarding maintenance of Cash Reserve Ratio (CRR)

DBOD.BC103/12.01.001: 2000- 2001 April 19, 2001 Chaitra 29, 1923 (Saka) All Scheduled Commercial Banks ( excluding Regional Rural Banks) Dear Sir, Section 42 (1) of the Reserve Bank of India Act, 1934 Maintenance of Cash Reserve Ratio (CRR) Please refer to paragraphs 75, 76 and 77 of the Governor's statement on Monetary & Credit Policy for the year 2001- 2002 ( MPD. BC. 206/07.01.279/2000- 01 dated April 19, 2001) regarding maintenance of Cash Reserve Ratio (CRR)

Section 42 (1) of the Reserve Bank of India Act, 1934 Maintenance of Cash Reserve Ratio (CRR)

Risk Weight on Deposits placed with SIDBI / NABARD
in lieu of shortfall in lending to Priority Sector

Ref.DBOD.BP.BC. 110 /21.01.002/2000-01April 20, 2001All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Risk Weight on Deposits placed with SIDBI / NABARDin lieu of shortfall in lending to Priority SectorPlease refer to our circular DBOD.No.BP.BC.91/21.01.002/2000-01 dated March 22, 2001 clarifying that all deposits placed with NABARD / SIDBI in lieu of shortfall in advances to priority sector vis-à-vis the prescribed target would attract 100% risk weight since th

Ref.DBOD.BP.BC. 110 /21.01.002/2000-01April 20, 2001All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Risk Weight on Deposits placed with SIDBI / NABARDin lieu of shortfall in lending to Priority SectorPlease refer to our circular DBOD.No.BP.BC.91/21.01.002/2000-01 dated March 22, 2001 clarifying that all deposits placed with NABARD / SIDBI in lieu of shortfall in advances to priority sector vis-à-vis the prescribed target would attract 100% risk weight since th

Risk Weight on Deposits placed with SIDBI / NABARD in lieu of shortfall in lending to Priority Sector

Scheme for Bidding, Underwriting and Liquidity Support to Primary Dealers - 2001-02

IDMC No. 4135 /03.64.00/2000-01Dated April 19, 2001All Primary DealersScheme for Bidding, Underwriting andLiquidity Support to Primary Dealers – 2001-02Please refer to our letter IDMC No. 3514 / 03.64.00 /99-2000 dated April 27, 2000, forwarding to you the Scheme for Bidding, Underwriting and Liquidity Support to Primary Dealers.2. It may be recalled the Scheme for providing Liquidity Support to the PDs for the year 2000-01 was based on bidding commitment and primary

IDMC No. 4135 /03.64.00/2000-01Dated April 19, 2001All Primary DealersScheme for Bidding, Underwriting andLiquidity Support to Primary Dealers – 2001-02Please refer to our letter IDMC No. 3514 / 03.64.00 /99-2000 dated April 27, 2000, forwarding to you the Scheme for Bidding, Underwriting and Liquidity Support to Primary Dealers.2. It may be recalled the Scheme for providing Liquidity Support to the PDs for the year 2000-01 was based on bidding commitment and primary

Scheme for Bidding, Underwriting and Liquidity Support to Primary Dealers - 2001-02

Interest Rates on Deposits

Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29,1923(S)DBOD No. Dir BC 104/13.03.00/2000-01@@NBSP@@Interest Rates on DepositsIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, and in partial modification of its Directive DBOD No. Dir. BC. 46/13.03.00/2000-2001 dated November 4, 2000, the Reserve Ba

Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29,1923(S)DBOD No. Dir BC 104/13.03.00/2000-01@@NBSP@@Interest Rates on DepositsIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, and in partial modification of its Directive DBOD No. Dir. BC. 46/13.03.00/2000-2001 dated November 4, 2000, the Reserve Ba

Interest Rates on Deposits