Annual Policy Statement for the year 2004-05 - Country Risk Management Guidelines

RBI No. 2004/ 253 DBOD. BP.BC. 96 / 21.04.103/ 2003-04 June 17, 2004 All Scheduled Commercial Banks (Excluding RRBs & LABs) Dear Sir,Annual Policy Statement for the year 2004-05 - Country Risk Management GuidelinesPlease refer to the Annexe to our Circular No. DBOD. BP. BC. 71/ 21.04.103/ 2002-03 dated February 19, 2003, wherein it was advised that guidelines on country risk management are applicable only in respect of countries, where a bank has net funded e

RBI No. 2004/ 253 DBOD. BP.BC. 96 / 21.04.103/ 2003-04 June 17, 2004 All Scheduled Commercial Banks (Excluding RRBs & LABs) Dear Sir,Annual Policy Statement for the year 2004-05 - Country Risk Management GuidelinesPlease refer to the Annexe to our Circular No. DBOD. BP. BC. 71/ 21.04.103/ 2002-03 dated February 19, 2003, wherein it was advised that guidelines on country risk management are applicable only in respect of countries, where a bank has net funded e

Annual Policy Statement for the year 2004-05 - Country Risk Management Guidelines

Annual Policy Statement: 2004-05 - Wilful Defaulters - Clarification on Process

RBI/2004/220DBOD.No. DL.BC.94/20.16.003/2003-04June 17, 2004All Scheduled Commercial Banks (excluding RRBs) and All Notified All-India Financial InstitutionsDear SirAnnual Policy Statement: 2004-05 - Wilful Defaulters – Clarification on Process At present, in terms of our circular DBOD No.BC.DL.7/20.16.003/ 2003-04 dated July 29, 2003, banks/financial institutions (FIs) are required to – form a Committee of higher functionaries headed by the Executive Director for cla

RBI/2004/220DBOD.No. DL.BC.94/20.16.003/2003-04June 17, 2004All Scheduled Commercial Banks (excluding RRBs) and All Notified All-India Financial InstitutionsDear SirAnnual Policy Statement: 2004-05 - Wilful Defaulters – Clarification on Process At present, in terms of our circular DBOD No.BC.DL.7/20.16.003/ 2003-04 dated July 29, 2003, banks/financial institutions (FIs) are required to – form a Committee of higher functionaries headed by the Executive Director for cla

Annual Policy Statement: 2004-05 - Wilful Defaulters - Clarification on Process

Annual Policy Statement for the year 2004-05 - Dissemination of credit information - Role of CIBIL

RBI/2004/226DBOD No. DL.BC.95/20.16.002/2003-04June 17, 2004All Scheduled Commercial Banks (excluding RRBs) andNotified All-India Financial Institutions andState Financial CorporationsDear SirAnnual Policy Statement for the year 2004-05 – Dissemination of credit information – Role of CIBILPlease refer to paragraph 124 of the Annual Policy Statement for the year 2004-05 on dissemination of credit information enclosed to the Governor’s letter No.MPD.BC.249/07.01.279/200

RBI/2004/226DBOD No. DL.BC.95/20.16.002/2003-04June 17, 2004All Scheduled Commercial Banks (excluding RRBs) andNotified All-India Financial Institutions andState Financial CorporationsDear SirAnnual Policy Statement for the year 2004-05 – Dissemination of credit information – Role of CIBILPlease refer to paragraph 124 of the Annual Policy Statement for the year 2004-05 on dissemination of credit information enclosed to the Governor’s letter No.MPD.BC.249/07.01.279/200

Annual Policy Statement for the year 2004-05 - Dissemination of credit information - Role of CIBIL

Annual Policy Statement for the year 2004-05 - Risk Weight for Exposure to Public Financial Institutions (PFIs)

RBI/2004/245 DBOD No. BP. BC. No.91/21.01.002/2003-04 June 15, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Annual Policy Statement for the year 2004-05 - Risk Weight for Exposure to Public Financial Institutions (PFIs) In terms of guidelines issued vide circular DBOD.BP.BC.103/21.01.002/98 dated October 31, 1998 risk weights on investment in bonds/ debentures of select PFIs were prescribed at 20 per cent. Banks were also advised that exposures to co

RBI/2004/245 DBOD No. BP. BC. No.91/21.01.002/2003-04 June 15, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Annual Policy Statement for the year 2004-05 - Risk Weight for Exposure to Public Financial Institutions (PFIs) In terms of guidelines issued vide circular DBOD.BP.BC.103/21.01.002/98 dated October 31, 1998 risk weights on investment in bonds/ debentures of select PFIs were prescribed at 20 per cent. Banks were also advised that exposures to co

Annual Policy Statement for the year 2004-05 - Risk Weight for Exposure to Public Financial Institutions (PFIs)

Prompt Corrective Action (PCA)

Ref. RBI-2004-243DBS.CO.PP.BC 13 /11.01.005/2003-04 June 15, 2004 All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Prompt Corrective Action (PCA)Please refer to our circular No. DBS.CO.PP.BC. 9/11.01.005/2002-03 dated December 21, 2002 on the scheme of Prompt Corrective Action.2. As you are aware, the scheme of PCA has been in operation since December 2002. The operation of the scheme has been reviewed recently by the Board for Financial Supervision (BFS) and i

Ref. RBI-2004-243DBS.CO.PP.BC 13 /11.01.005/2003-04 June 15, 2004 All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Prompt Corrective Action (PCA)Please refer to our circular No. DBS.CO.PP.BC. 9/11.01.005/2002-03 dated December 21, 2002 on the scheme of Prompt Corrective Action.2. As you are aware, the scheme of PCA has been in operation since December 2002. The operation of the scheme has been reviewed recently by the Board for Financial Supervision (BFS) and i

Prompt Corrective Action (PCA)

Risk Weight for Exposure to Public Financial Institutions (PFIs)

RBI / 2004 /247REF. DBS. FID. No. C- 15 / 01.02.00 / 2003-04 June 15, 2004 The CEOs of the all-India Term Lending and Refinancing Institutions (Exim Bank, IDBI, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Risk Weight for Exposure to Public Financial Institutions (PFIs) Please refer to para 2(c) of circular DBS.FID.No.C-35/01.02.00/1998-99 dated December 3, 1998 wherein FIs were advised that their investments in the bonds / debentures o

RBI / 2004 /247REF. DBS. FID. No. C- 15 / 01.02.00 / 2003-04 June 15, 2004 The CEOs of the all-India Term Lending and Refinancing Institutions (Exim Bank, IDBI, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Risk Weight for Exposure to Public Financial Institutions (PFIs) Please refer to para 2(c) of circular DBS.FID.No.C-35/01.02.00/1998-99 dated December 3, 1998 wherein FIs were advised that their investments in the bonds / debentures o

Risk Weight for Exposure to Public Financial Institutions (PFIs)

Annual Policy Statement for the year 2004-05 -Issue of Long-term Bonds by Banks

RBI/2004/236DBOD No. BP. BC. 90 /21.01.002/ 2003-04 June 11, 2004All Scheduled Commercial Banks(excluding RRBs and LABs)Dear Sir,Annual Policy Statement for the year 2004-05 -Issue of Long-term Bonds by BanksAt present, banks are allowed to issue long-term subordinated debt in the nature of unsecured redeemable bonds, which qualify for Tier II capital. In the context of gradual conversion of term lending institutions into banks and with a view to giving boost to infra

RBI/2004/236DBOD No. BP. BC. 90 /21.01.002/ 2003-04 June 11, 2004All Scheduled Commercial Banks(excluding RRBs and LABs)Dear Sir,Annual Policy Statement for the year 2004-05 -Issue of Long-term Bonds by BanksAt present, banks are allowed to issue long-term subordinated debt in the nature of unsecured redeemable bonds, which qualify for Tier II capital. In the context of gradual conversion of term lending institutions into banks and with a view to giving boost to infra

Annual Policy Statement for the year 2004-05 -Issue of Long-term Bonds by Banks

Amalgamation/Merger of Non-Banking Finance Companies with Banks

RBI/2004/237 June 9, 2004 DBOD.BP.BC. 89/21.02.043/2003-04 Jyestha 19, 1926 (Saka) All Scheduled Commercial Banks (excluding RRBs and LABs) Dear Sir, Amalgamation/Merger of Non-Banking Finance Companies with Banks With regard to amalgamation/merger of a non-banking finance company (NBFC) with a bank, it has been decided that in order to ensure that the post-merger bank continues to be in compliance with the legal provisions contained in the Banking Regulation Act, 194

RBI/2004/237 June 9, 2004 DBOD.BP.BC. 89/21.02.043/2003-04 Jyestha 19, 1926 (Saka) All Scheduled Commercial Banks (excluding RRBs and LABs) Dear Sir, Amalgamation/Merger of Non-Banking Finance Companies with Banks With regard to amalgamation/merger of a non-banking finance company (NBFC) with a bank, it has been decided that in order to ensure that the post-merger bank continues to be in compliance with the legal provisions contained in the Banking Regulation Act, 194

Amalgamation/Merger of Non-Banking Finance Companies with Banks

Bank financing of equities and investments in shares

RBI/2004/205 DBOD No. Dir.BC. 86 /13.07.05/2003-04 May 18, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Bank financing of equities and investments in shares Please refer to Circular DBOD No. Dir. BC. 61/13.07.05/2003-04 dated January 3, 2004, in terms of which margin on all advances against shares / financing of IPOs / issue of guarantees was raised to 50 percent and a minimum cash margin of 25 per cent (within the margin of 50 percent) was also required to be

RBI/2004/205 DBOD No. Dir.BC. 86 /13.07.05/2003-04 May 18, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Bank financing of equities and investments in shares Please refer to Circular DBOD No. Dir. BC. 61/13.07.05/2003-04 dated January 3, 2004, in terms of which margin on all advances against shares / financing of IPOs / issue of guarantees was raised to 50 percent and a minimum cash margin of 25 per cent (within the margin of 50 percent) was also required to be

Bank financing of equities and investments in shares

Opening of Current Accounts by banks - Need for discipline

RBI/2004/200DBOD.No.Leg.BC.84 /09.07.005/2003-04May 15, 2004All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Opening of Current Accounts by banks - Need for discipline Please refer to our Circular DBOD.No.BC.136/09.08.001/99-2000 dated January 25, 2000 wherein we had advised banks that at the time of opening of current accounts, they should insist on a declaration from the account-holder to the effect that he is not enjoying any credit facility with any other

RBI/2004/200DBOD.No.Leg.BC.84 /09.07.005/2003-04May 15, 2004All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Opening of Current Accounts by banks - Need for discipline Please refer to our Circular DBOD.No.BC.136/09.08.001/99-2000 dated January 25, 2000 wherein we had advised banks that at the time of opening of current accounts, they should insist on a declaration from the account-holder to the effect that he is not enjoying any credit facility with any other

Opening of Current Accounts by banks - Need for discipline