Guidelines for Issue of Commercial Paper

Ref.No.IECD. 15 /08.15.01/2000-01 April 30, 2001 The Chairmen/Chief Executives of All Scheduled Banks, Primary Dealers, Satellite Dealers and All-India Financial Institutions Dear Sirs, Guidelines for Issue of Commercial Paper As announced in the Statement on Monetary and Credit Policy for the year 2001-2002, certain changes have been effected in the guidelines for issue of commercial paper (CP). Accordingly, guidelines for issue of CP contained in our circular No.IEC

Ref.No.IECD. 15 /08.15.01/2000-01 April 30, 2001 The Chairmen/Chief Executives of All Scheduled Banks, Primary Dealers, Satellite Dealers and All-India Financial Institutions Dear Sirs, Guidelines for Issue of Commercial Paper As announced in the Statement on Monetary and Credit Policy for the year 2001-2002, certain changes have been effected in the guidelines for issue of commercial paper (CP). Accordingly, guidelines for issue of CP contained in our circular No.IEC

Guidelines for Issue of Commercial Paper

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

DBOD No. Dir BC 105/13.03.00/2000-01 April 19, 2001 Chaitra 29 ,1923(S) Foreign Currency (Non-Resident) Accounts (Banks) Scheme In 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 that Annexure I to the Bank’s directive DBOD No. Dir.BC 48/13.03.00/2000-01 dated November 4, 2000 shall be substituted by

DBOD No. Dir BC 105/13.03.00/2000-01 April 19, 2001 Chaitra 29 ,1923(S) Foreign Currency (Non-Resident) Accounts (Banks) Scheme In 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 that Annexure I to the Bank’s directive DBOD No. Dir.BC 48/13.03.00/2000-01 dated November 4, 2000 shall be substituted by

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

Interest Rates on Advances

DBOD No. Dir. BC. 106/13.03.00/2000-01April 19, 2001Chaitra 29 ,1923(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 to do so, hereby directs, in supersession of its directive DBOD No.Dir.BC.106/13.03.00/99 dated October 29, 1999 that with effect from April 19, 2001, no commercial bank shall ch

DBOD No. Dir. BC. 106/13.03.00/2000-01April 19, 2001Chaitra 29 ,1923(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 to do so, hereby directs, in supersession of its directive DBOD No.Dir.BC.106/13.03.00/99 dated October 29, 1999 that with effect from April 19, 2001, no commercial bank shall ch

Interest Rates on Advances

Monetary and Credit Policy for the
year 2001–2002 – Interest Rate Policy

DBOD No. Dir. BC. 107/13.03.00/2000-01 April 19, 2001 Chaitra 29,1923(S) All Commercial Banks (including RRBs and LABs) Dear Sirs, Monetary and Credit Policy for the year 2001–2002 – Interest Rate Policy Please refer to Governors’ letter No. MPD.BC 206/07.01.279/2000-01, dated April 19, 2001 enclosing a copy of the statement on "Monetary and Credit Policy for the year 2001-2002". As a step towards progressive deregulation of interest rates on deposits and advances and

DBOD No. Dir. BC. 107/13.03.00/2000-01 April 19, 2001 Chaitra 29,1923(S) All Commercial Banks (including RRBs and LABs) Dear Sirs, Monetary and Credit Policy for the year 2001–2002 – Interest Rate Policy Please refer to Governors’ letter No. MPD.BC 206/07.01.279/2000-01, dated April 19, 2001 enclosing a copy of the statement on "Monetary and Credit Policy for the year 2001-2002". As a step towards progressive deregulation of interest rates on deposits and advances and

Monetary and Credit Policy for the year 2001–2002 – Interest Rate Policy

Interest Rates on Deposits –
Capital Gains Accounts Scheme, 1988

DBOD No. Dir BC 109/13.03.00/2000-01April 19, 2001Chaitra 29 ,1923(S)All Public Sector BanksDear Sirs,Interest Rates on Deposits –Capital Gains Accounts Scheme, 1988Please refer to our Notification DBOD No. Dir.BC 159/13.03.00/2000 dated April 01, 2000 in terms of which the banks were advised of the rates of interest on deposits made under Capital Gains Accounts Scheme, 1988, introduced by Government of India. It has been decided to reduce the minimum maturity period

DBOD No. Dir BC 109/13.03.00/2000-01April 19, 2001Chaitra 29 ,1923(S)All Public Sector BanksDear Sirs,Interest Rates on Deposits –Capital Gains Accounts Scheme, 1988Please refer to our Notification DBOD No. Dir.BC 159/13.03.00/2000 dated April 01, 2000 in terms of which the banks were advised of the rates of interest on deposits made under Capital Gains Accounts Scheme, 1988, introduced by Government of India. It has been decided to reduce the minimum maturity period

Interest Rates on Deposits – Capital Gains Accounts Scheme, 1988

Disclosure of names of defaulters-
consent clause in loan documents

DL. BC. 112 /20.16.002/2000-01 April 27, 2001 Chairmen/ CMDs/CEOs, All scheduled commercial banks & All India notified financial institutions Dear Sirs, Disclosure of names of defaulters- consent clause in loan documents Please refer to our circular DBOD. No. BC. DL 4/20.16.002/ 99-2000 dated 21st October 1999 regarding inclusion of a consent clause in the loan documents to disclose the names in the event of borrowers becoming defaulters read with circulars DBOD.

DL. BC. 112 /20.16.002/2000-01 April 27, 2001 Chairmen/ CMDs/CEOs, All scheduled commercial banks & All India notified financial institutions Dear Sirs, Disclosure of names of defaulters- consent clause in loan documents Please refer to our circular DBOD. No. BC. DL 4/20.16.002/ 99-2000 dated 21st October 1999 regarding inclusion of a consent clause in the loan documents to disclose the names in the event of borrowers becoming defaulters read with circulars DBOD.

Disclosure of names of defaulters- consent clause in loan documents

Interest Rates on Deposits

DBOD No. Dir BC 104/13.03.00/2000-01April 19, 2001Chaitra 29,1923(S)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 Bank of India, being satisfied that it is necessary and expedient in the public interest to do so, hereby directs that: i) Annexure I to the aforesaid Directive

DBOD No. Dir BC 104/13.03.00/2000-01April 19, 2001Chaitra 29,1923(S)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 Bank of India, being satisfied that it is necessary and expedient in the public interest to do so, hereby directs that: i) Annexure I to the aforesaid Directive

Interest Rates on Deposits

Treatment of restructured accounts - amendment

April 30, 2001DBOD.BP. BC. 113 / 21.04.048/2000-01All Commercial Banks(excluding RRBs)Dear Sir,Treatment of restructured accounts - amendmentPlease refer to our circular DBOD.No.BP.BC.98/21.04.048/2000-01 dated March 30, 2001. We advise that paragraph 6 of our circular mentioned above may be amended to read as under:-Quote:6. The foregoing changes in the norms would be applicable only to standard and sub-standard accounts which are subjected to restructuring / resched

April 30, 2001DBOD.BP. BC. 113 / 21.04.048/2000-01All Commercial Banks(excluding RRBs)Dear Sir,Treatment of restructured accounts - amendmentPlease refer to our circular DBOD.No.BP.BC.98/21.04.048/2000-01 dated March 30, 2001. We advise that paragraph 6 of our circular mentioned above may be amended to read as under:-Quote:6. The foregoing changes in the norms would be applicable only to standard and sub-standard accounts which are subjected to restructuring / resched

Treatment of restructured accounts - amendment

Guidelines for Compromise Settlement of Dues of
Banks and Financial Institutions through Lok Adalats

May 2, 2001LEG.BC.114/09.06.002/2000-01All Scheduled Commercial Banks and All India Financial Institutions (IDBI, IFCI, ICICI, TFCI, IDFC, NABARD, NHB, SIDBI, and EXIM Bank)Dear Sir,Guidelines for Compromise Settlement of Dues of Banks and Financial Institutions through Lok AdalatsAs you are aware, the Indian Banks’ Association (IBA) has been issuing guidelines to member institutions for taking up of cases for settlement through Lok Adalats. The position was reviewed

May 2, 2001LEG.BC.114/09.06.002/2000-01All Scheduled Commercial Banks and All India Financial Institutions (IDBI, IFCI, ICICI, TFCI, IDFC, NABARD, NHB, SIDBI, and EXIM Bank)Dear Sir,Guidelines for Compromise Settlement of Dues of Banks and Financial Institutions through Lok AdalatsAs you are aware, the Indian Banks’ Association (IBA) has been issuing guidelines to member institutions for taking up of cases for settlement through Lok Adalats. The position was reviewed

Guidelines for Compromise Settlement of Dues of Banks and Financial Institutions through Lok Adalats

Filing of suits to recover dues from Wilful Defaulters

May 2, 2001DBOD No. BP.BC.115 /21.03.038/2000-01All Scheduled Commercial Banks (excluding RRBs) andNotified All India Financial InstitutionsDear Sir,Filing of suits to recover dues from Wilful DefaultersPlease refer to our Circular DBOD. No. BP. BC. 69/21.03.038/99 dated July 12, 1999 advising banks to review at different levels the cases of loss assets, which are outstanding for more than two years, and legal action has not been initiated.2. In terms of our Circular

May 2, 2001DBOD No. BP.BC.115 /21.03.038/2000-01All Scheduled Commercial Banks (excluding RRBs) andNotified All India Financial InstitutionsDear Sir,Filing of suits to recover dues from Wilful DefaultersPlease refer to our Circular DBOD. No. BP. BC. 69/21.03.038/99 dated July 12, 1999 advising banks to review at different levels the cases of loss assets, which are outstanding for more than two years, and legal action has not been initiated.2. In terms of our Circular

Filing of suits to recover dues from Wilful Defaulters