Guidelines for the issue of Smart / Debit Cards by banks

FSC.BC. 123 /24.01.019/99-2000November 12,1999 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines for the issue of Smart / Debit Cards by banks Some of the banks have introduced Smart Cards/ Debit cards and some more are desirous of introducing such cards. Since Smart Cards/ Debit Cards are new payment instruments, it has been considered necessary to issue broad guidelines to banks including safeguards to be observed in this regard. The guidelines ar

FSC.BC. 123 /24.01.019/99-2000November 12,1999 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines for the issue of Smart / Debit Cards by banks Some of the banks have introduced Smart Cards/ Debit cards and some more are desirous of introducing such cards. Since Smart Cards/ Debit Cards are new payment instruments, it has been considered necessary to issue broad guidelines to banks including safeguards to be observed in this regard. The guidelines ar

Guidelines for the issue of Smart / Debit Cards by banks

A.D.(M.A. Series) Circular No.33 (November 5, 1999)

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001November 5, 1999A.D.(M.A. Series) Circular No.33To All Authorised Dealers in Foreign ExchangeDear Sirs,Indian Direct Investment in Joint Ventures(JV)/Wholly Owned Subsidiaries (WOS) Abroad It has been decided to amend/modify the Exchange Control regulations regarding Indian Direct Investment in Joint Ventures(JV)/Wholly Owned Subsidiaries (WOS) abroad as stated in the following paragraphs. 2.

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001November 5, 1999A.D.(M.A. Series) Circular No.33To All Authorised Dealers in Foreign ExchangeDear Sirs,Indian Direct Investment in Joint Ventures(JV)/Wholly Owned Subsidiaries (WOS) Abroad It has been decided to amend/modify the Exchange Control regulations regarding Indian Direct Investment in Joint Ventures(JV)/Wholly Owned Subsidiaries (WOS) abroad as stated in the following paragraphs. 2.

A.D.(M.A. Series) Circular No.33 (November 5, 1999)

Advances against domestic term deposits

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD.No.Dir.BC. 107A/13.01.04/99October 29, 1999Kartika 07, 1921(Saka)All Regional Rural BanksDear SirsAdvances against domestic term depositsAs per the instructions contained in RBI circular DBOD No. Dir. BC.37/13.01.04/99 dated April 23, 1999, interest rate chargeable on loans and advances granted to depositors agai

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD.No.Dir.BC. 107A/13.01.04/99October 29, 1999Kartika 07, 1921(Saka)All Regional Rural BanksDear SirsAdvances against domestic term depositsAs per the instructions contained in RBI circular DBOD No. Dir. BC.37/13.01.04/99 dated April 23, 1999, interest rate chargeable on loans and advances granted to depositors agai

Advances against domestic term deposits

Interest Rates on Advances

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD.No.Dir.BC. 106 /13:03:00-99 October 29,1999Kartika 07, 1921(S)Interest Rates on AdvancesIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest so to do, hereby directs, in

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD.No.Dir.BC. 106 /13:03:00-99 October 29,1999Kartika 07, 1921(S)Interest Rates on AdvancesIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest so to do, hereby directs, in

Interest Rates on Advances

Interest Rates on Deposits

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD.No.Dir.BC. 107/13.01.04/99October 29, 1999Kartika 07, 1921(Saka)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 the Directive DBOD No.Dir.BC.151/C.347-85 dated December 27, 1985, as amended from time to time, t

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD.No.Dir.BC. 107/13.01.04/99October 29, 1999Kartika 07, 1921(Saka)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 the Directive DBOD No.Dir.BC.151/C.347-85 dated December 27, 1985, as amended from time to time, t

Interest Rates on Deposits

Foreign Currency (Non-Resident) Accounts (Banks) Scheme

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD No. Dir. BC.108/13.01.09/99October 29, 1999Kartika 07, 1921(Saka)Foreign Currency (Non-Resident) Accounts (Banks) SchemeIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public intere

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD No. Dir. BC.108/13.01.09/99October 29, 1999Kartika 07, 1921(Saka)Foreign Currency (Non-Resident) Accounts (Banks) SchemeIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public intere

Foreign Currency (Non-Resident) Accounts (Banks) Scheme

Mid-Term Review of Monetary and Credit Policy 1999-2000
(DBOD No. Dir.BC.114/13.03.00/99)

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD No. Dir.BC.114/13.03.00/99 October 29, 1999Kartika 07, 1921(Saka)All Commercial Banks(Excluding RRBs)Dear Sirs,Mid-Term Review of Monetary and Credit Policy 1999-2000Please refer to our Governor’s letter No.MPD.BC.190/07.01.279/99-2000 dated 29 October 1999 enclosing a copy of the statement on "Mid-Term Review of

Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations & DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD No. Dir.BC.114/13.03.00/99 October 29, 1999Kartika 07, 1921(Saka)All Commercial Banks(Excluding RRBs)Dear Sirs,Mid-Term Review of Monetary and Credit Policy 1999-2000Please refer to our Governor’s letter No.MPD.BC.190/07.01.279/99-2000 dated 29 October 1999 enclosing a copy of the statement on "Mid-Term Review of

Mid-Term Review of Monetary and Credit Policy 1999-2000 (DBOD No. Dir.BC.114/13.03.00/99)

Appendix - An illustrative list of Intermediary Agencies

State sponsored organizations for on-lending to weaker Sections.@ Distributors of agricultural inputs/implements. State Financial Corporations(SFCs)/State Industrial Development Corporations (SIDCs) to the extent they provide credit to weaker sections. National Small Industries Corporation (NSIC). Khadi and Village Industries Commission (KVIC). Agencies involved in assisting the decentralized sector.State sponsored organizations for on-lending to the weaker sections.H

State sponsored organizations for on-lending to weaker Sections.@ Distributors of agricultural inputs/implements. State Financial Corporations(SFCs)/State Industrial Development Corporations (SIDCs) to the extent they provide credit to weaker sections. National Small Industries Corporation (NSIC). Khadi and Village Industries Commission (KVIC). Agencies involved in assisting the decentralized sector.State sponsored organizations for on-lending to the weaker sections.H

Appendix - An illustrative list of Intermediary Agencies

Year 2000 (Y2K) Contingency Planning – Critical Minimum Parameterization (CMP)

Ref DBS. No. Y2K.BC/ 19 /35.01.00/99-2000November 2, 1999The Chairman/ Managing Director/ Chief ExecutiveAll Commercial Banks/ Non-Banking Subsidiaries of Commercial Banks/All-India Financial Institutions/Primary / Satellite Dealers in Government Securities/ Primary (urban) Cooperative BanksDear Sir:Year 2000 (Y2K) Contingency Planning – Critical Minimum Parameterization (CMP) In view of the complexity of the issues involved in the context of the Year 2000 problem, we

Ref DBS. No. Y2K.BC/ 19 /35.01.00/99-2000November 2, 1999The Chairman/ Managing Director/ Chief ExecutiveAll Commercial Banks/ Non-Banking Subsidiaries of Commercial Banks/All-India Financial Institutions/Primary / Satellite Dealers in Government Securities/ Primary (urban) Cooperative BanksDear Sir:Year 2000 (Y2K) Contingency Planning – Critical Minimum Parameterization (CMP) In view of the complexity of the issues involved in the context of the Year 2000 problem, we

Year 2000 (Y2K) Contingency Planning – Critical Minimum Parameterization (CMP)

Year 2000 (Y2K) Preparations

DBOD.No.BC.115/09.11.001/99/2000October 30, 1999All Scheduled Commercial Banks(including PRBs)Dear Sir,Year 2000 (Y2K) PreparationsPlease refer to paragraph 57 of the statement on "Mid Term Review of Monetary and Credit Policy for the year 1999-2000" enclosed to Governor's circular MPD.BC.190/07. 01.279/99-2000 dated 29th October 1999.We advise that in conformity with the international practices as a part of contingency plan for year 2000 (Y2K) preparations, it has be

DBOD.No.BC.115/09.11.001/99/2000October 30, 1999All Scheduled Commercial Banks(including PRBs)Dear Sir,Year 2000 (Y2K) PreparationsPlease refer to paragraph 57 of the statement on "Mid Term Review of Monetary and Credit Policy for the year 1999-2000" enclosed to Governor's circular MPD.BC.190/07. 01.279/99-2000 dated 29th October 1999.We advise that in conformity with the international practices as a part of contingency plan for year 2000 (Y2K) preparations, it has be

Year 2000 (Y2K) Preparations