Notifications - ആർബിഐ - Reserve Bank of India
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Notifications
ഓഗ 29, 2008
Refund of deposits from Special Deposit Scheme, 1975
RBI/2008-09/148 DGBA.CDD.H-2090/15.01.001/2008-09 August 29, 2008 The General Manager Government Accounts/Business Department State Bank of India / State Bank of Indore / State Bank of Patiala State Bank of Bikaner & Jaipur / State Bank of Saurashtra / State Bank of Travancore / State Bank of Hyderabad / State Bank of Mysore / Allahabad Bank / Bank of Baroda / Bank of India / Bank of Maharashtra / Canara Bank / Central Bank of India / Corporation Bank / Dena Bank
RBI/2008-09/148 DGBA.CDD.H-2090/15.01.001/2008-09 August 29, 2008 The General Manager Government Accounts/Business Department State Bank of India / State Bank of Indore / State Bank of Patiala State Bank of Bikaner & Jaipur / State Bank of Saurashtra / State Bank of Travancore / State Bank of Hyderabad / State Bank of Mysore / Allahabad Bank / Bank of Baroda / Bank of India / Bank of Maharashtra / Canara Bank / Central Bank of India / Corporation Bank / Dena Bank
ഓഗ 28, 2008
Acceptance of cash over the counter
RBI/2008-09/146 DBOD.No.Leg.BC. 38 /09.07.005/2008-09 August 28, 2008 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Acceptance of cash over the counter It has been brought to our notice that some banks have introduced certain products whereby the customers are not allowed to deposit cash over the counters. Further it is also understood that these banks have also incorporated a clause in the terms and conditions that cash deposits, if any, are required to b
RBI/2008-09/146 DBOD.No.Leg.BC. 38 /09.07.005/2008-09 August 28, 2008 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Acceptance of cash over the counter It has been brought to our notice that some banks have introduced certain products whereby the customers are not allowed to deposit cash over the counters. Further it is also understood that these banks have also incorporated a clause in the terms and conditions that cash deposits, if any, are required to b
ഓഗ 28, 2008
Simplified cyclical credit product for farmers
RBI/ 2008-09/ 145 RPCD.PLFS. BC. No. 23 /05.04.02/ 2008-09 August@@NBSP@@ 28, 2008 The Chairman /Managing Director/ Chief Executive Officer Scheduled Commercial Banks@@NBSP@@(including RRBs) Dear Sir, Simplified cyclical credit product for farmers Please refer to paragraphs 138 and 139 of the Annual Policy Statement for the year 2008-09 (copy enclosed). 2.In the Mid-term Review of the Annual Policy 2007-08, it was proposed to constitute an Internal Working Group to ex
RBI/ 2008-09/ 145 RPCD.PLFS. BC. No. 23 /05.04.02/ 2008-09 August@@NBSP@@ 28, 2008 The Chairman /Managing Director/ Chief Executive Officer Scheduled Commercial Banks@@NBSP@@(including RRBs) Dear Sir, Simplified cyclical credit product for farmers Please refer to paragraphs 138 and 139 of the Annual Policy Statement for the year 2008-09 (copy enclosed). 2.In the Mid-term Review of the Annual Policy 2007-08, it was proposed to constitute an Internal Working Group to ex
ഓഗ 27, 2008
Financial Inclusion by Extension of Banking Services - Use of Business Correspondents (BCs) - Section 25 companies
RBI/2008-2009 /141DBOD.No.BL.BC. 35 /22.01.009/2008-2009August 27, 2008Bhadra 5, 1930 (S)All Scheduled Commercial banks (including RRBs) andLocal Area BanksDear Sir,Financial Inclusion by Extension of Banking Services – Use of Business Correspondents (BCs) – Section 25 companiesPlease refer to our circulars DBOD.No.BL.BC.58/22.01.001/2005-2006 dated January 25, 2006, DBOD. No. BL. BC. 72/ 22.01.009 / 2005-2006 dated March 22, 2006 and DBOD.No.BL.BC.74/22.01.009/2007-2
RBI/2008-2009 /141DBOD.No.BL.BC. 35 /22.01.009/2008-2009August 27, 2008Bhadra 5, 1930 (S)All Scheduled Commercial banks (including RRBs) andLocal Area BanksDear Sir,Financial Inclusion by Extension of Banking Services – Use of Business Correspondents (BCs) – Section 25 companiesPlease refer to our circulars DBOD.No.BL.BC.58/22.01.001/2005-2006 dated January 25, 2006, DBOD. No. BL. BC. 72/ 22.01.009 / 2005-2006 dated March 22, 2006 and DBOD.No.BL.BC.74/22.01.009/2007-2
ഓഗ 27, 2008
Financial Inclusion by Extension of Banking Services - Use of Business Correspondents (BCs)
RBI / 2008-2009 /142DBOD.No.BL.BC. 36 /22.01.009/2008-2009August 27, 2008 Bhadra 5, 1930 (S)All Scheduled Commercial banks (including RRBs) andLocal Area BanksDear Sir,Financial Inclusion by Extension of Banking Services –Use of Business Correspondents (BCs)Please refer to our circulars DBOD.No.BL.BC.58/22.01.001/2005-2006 dated January 25, 2006, DBOD. No. BL. BC. 72 / 22.01.009 / 2005-2006 dated March 22, 2006 and DBOD.No.BL.BC.74/ 22.01.009/2007-2008 dated April 24,
RBI / 2008-2009 /142DBOD.No.BL.BC. 36 /22.01.009/2008-2009August 27, 2008 Bhadra 5, 1930 (S)All Scheduled Commercial banks (including RRBs) andLocal Area BanksDear Sir,Financial Inclusion by Extension of Banking Services –Use of Business Correspondents (BCs)Please refer to our circulars DBOD.No.BL.BC.58/22.01.001/2005-2006 dated January 25, 2006, DBOD. No. BL. BC. 72 / 22.01.009 / 2005-2006 dated March 22, 2006 and DBOD.No.BL.BC.74/ 22.01.009/2007-2008 dated April 24,
ഓഗ 27, 2008
Prudential Guidelines on Restructuring of Advances by Banks
RBI/2008-09/143 DBOD.No.BP.BC.No.37 /21.04.132/2008-09 August 27, 2008 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs & LABs) Dear Sir, Prudential Guidelines on Restructuring of Advances by Banks Please refer to the draft prudential guidelines on restructuring of loans by banks other than under Corporate Debt Restructuring(CDR) and Small and Medium Enterprises (SMEs)Debt Restructuring Mechanisms, whi
RBI/2008-09/143 DBOD.No.BP.BC.No.37 /21.04.132/2008-09 August 27, 2008 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs & LABs) Dear Sir, Prudential Guidelines on Restructuring of Advances by Banks Please refer to the draft prudential guidelines on restructuring of loans by banks other than under Corporate Debt Restructuring(CDR) and Small and Medium Enterprises (SMEs)Debt Restructuring Mechanisms, whi
ഓഗ 26, 2008
Simplification of lending procedures for crop loans
RBI/ 2008-09/140RPCD.PLFS. BC. No. 22 /05.04.02/ 2008-09 August 26, 2008The Chairman /Managing Director/ Chief Executive OfficerScheduled Commercial Banks@@NBSP@@(including RRBs)Dear Sir,Simplification of lending procedures for crop loansPlease refer to paragraphs 138 and 139 of the Annual Policy Statement for the year 2008-09 (copy enclosed).2.In the Mid-term Review of the Annual Policy 2007-08, it was proposed to constitute an Internal Working Group to examine the r
RBI/ 2008-09/140RPCD.PLFS. BC. No. 22 /05.04.02/ 2008-09 August 26, 2008The Chairman /Managing Director/ Chief Executive OfficerScheduled Commercial Banks@@NBSP@@(including RRBs)Dear Sir,Simplification of lending procedures for crop loansPlease refer to paragraphs 138 and 139 of the Annual Policy Statement for the year 2008-09 (copy enclosed).2.In the Mid-term Review of the Annual Policy 2007-08, it was proposed to constitute an Internal Working Group to examine the r
ഓഗ 22, 2008
Unclaimed Deposits / Inoperative Accounts in banks
RBI / 2008-09 / 138DBOD.No.Leg. BC. 34@@NBSP@@ /09.07.005/2008-09 August @@NBSP@@22, @@NBSP@@2008 All Scheduled Commercial Banks@@NBSP@@@@NBSP@@ (Excluding RRBs) Dear Sir, Unclaimed Deposits / Inoperative Accounts@@NBSP@@ in banks Please refer to our Circular DBOD.No.Com.BC.109/C.408/A-77 dated October 1, 1977 wherein banks were advised that deposit accounts which have not been operated upon over a period, say two years should be segregated and maintained in separate
RBI / 2008-09 / 138DBOD.No.Leg. BC. 34@@NBSP@@ /09.07.005/2008-09 August @@NBSP@@22, @@NBSP@@2008 All Scheduled Commercial Banks@@NBSP@@@@NBSP@@ (Excluding RRBs) Dear Sir, Unclaimed Deposits / Inoperative Accounts@@NBSP@@ in banks Please refer to our Circular DBOD.No.Com.BC.109/C.408/A-77 dated October 1, 1977 wherein banks were advised that deposit accounts which have not been operated upon over a period, say two years should be segregated and maintained in separate
ഓഗ 22, 2008
Display of information by banks - Comprehensive Notice Board
RBI/2008-09/137 DBOD.No. Leg. BC. 33 /09.07.005/2008-09 August 22, 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Display of information by banks –@@NBSP@@ Comprehensive Notice Board The display of information by banks in their branches is one of the modes of imparting financial education. This display enables customers to make informed decision regarding products and services of the bank and be aware of their rights as also the obligations of the bank
RBI/2008-09/137 DBOD.No. Leg. BC. 33 /09.07.005/2008-09 August 22, 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Display of information by banks –@@NBSP@@ Comprehensive Notice Board The display of information by banks in their branches is one of the modes of imparting financial education. This display enables customers to make informed decision regarding products and services of the bank and be aware of their rights as also the obligations of the bank
ഓഗ 21, 2008
Acquisition of Accommodation on Lease / Rental basis by Commercial Banks for their branches / offices - Liberalisation of guidelines
RBI/2008-09/132 DBOD.No.BL.BC. 32/22.01.03/2008-09 August@@NBSP@@ 21,@@NBSP@@ 2008 Shravana 30, 1930 (Saka) All Commercial Banks (excluding RRBs) Dear Sir, Acquisition of Accommodation on Lease / Rental basis by Commercial Banks for their branches / offices – Liberalisation of guidelines Please refer to our Circular DBOD. No.BL.BC.105/22.01.03/98 dated November 11, 1998 on the above subject.@@NBSP@@ 2.@@NBSP@@ The above circular was issued to all commercial banks.@@NB
RBI/2008-09/132 DBOD.No.BL.BC. 32/22.01.03/2008-09 August@@NBSP@@ 21,@@NBSP@@ 2008 Shravana 30, 1930 (Saka) All Commercial Banks (excluding RRBs) Dear Sir, Acquisition of Accommodation on Lease / Rental basis by Commercial Banks for their branches / offices – Liberalisation of guidelines Please refer to our Circular DBOD. No.BL.BC.105/22.01.03/98 dated November 11, 1998 on the above subject.@@NBSP@@ 2.@@NBSP@@ The above circular was issued to all commercial banks.@@NB
ഓഗ 21, 2008
7% Savings Bonds 2002, 6.5% Savings Bonds 2003 (Non-taxable) & 8% Savings (Taxable) Bonds 2003 - Collateral facility
RBI/2008-2009/136Ref. DGBA.CDD. No. H - 1772/13.01.299/2008-09August 21, 2008Shravana 30, 1930 (S)The Chairman and Managing DirectorState Bank of India & Associate Banks17 Nationalised BanksAxis Bank Ltd / HDFC Bank Ltd / ICICI Bank Ltd/ IDBI Bank Ltd &Stock Holding Corporation of India LtdDear Sir,7% Savings Bonds 2002, 6.5% Savings Bonds 2003 (Non-taxable) & 8% Savings (Taxable) Bonds 2003 - Collateral facilityAs you are aware of, in terms of relevant Go
RBI/2008-2009/136Ref. DGBA.CDD. No. H - 1772/13.01.299/2008-09August 21, 2008Shravana 30, 1930 (S)The Chairman and Managing DirectorState Bank of India & Associate Banks17 Nationalised BanksAxis Bank Ltd / HDFC Bank Ltd / ICICI Bank Ltd/ IDBI Bank Ltd &Stock Holding Corporation of India LtdDear Sir,7% Savings Bonds 2002, 6.5% Savings Bonds 2003 (Non-taxable) & 8% Savings (Taxable) Bonds 2003 - Collateral facilityAs you are aware of, in terms of relevant Go
ഓഗ 18, 2008
Formation of new districts in Madhya Pradesh - Assignment of Lead Bank responsibilities
RBI/2008-09/130 RPCD.CO.LBS.BC.No.20/02.08.01/2008-09 August 18, 2008 The Chairman, All Lead Banks Dear Sir, Formation of new districts in Madhya Pradesh – Assignment of Lead Bank responsibilities@@NBSP@@ The Revenue Department, Government of Madhya Pradesh, Bhopal vide their Gazette Notification Nos. F-1-40-VII-05.S.6 and F-1-1-2007-VII-S.6 dated May 17, 2008 and May 15, 2008 have advised about the formation of two new districts viz. Alirajpur & Singrauli, respec
RBI/2008-09/130 RPCD.CO.LBS.BC.No.20/02.08.01/2008-09 August 18, 2008 The Chairman, All Lead Banks Dear Sir, Formation of new districts in Madhya Pradesh – Assignment of Lead Bank responsibilities@@NBSP@@ The Revenue Department, Government of Madhya Pradesh, Bhopal vide their Gazette Notification Nos. F-1-40-VII-05.S.6 and F-1-1-2007-VII-S.6 dated May 17, 2008 and May 15, 2008 have advised about the formation of two new districts viz. Alirajpur & Singrauli, respec
ഓഗ 18, 2008
Enhancement of transparency in bank's affairs through disclosures
RBI/2008-2009/131 RPCD.CO.RF.BC.No.21/ 07.38.03 / 2008-09 August 18, 2008 27 Shravana, Saka 1930 The Chairmen/Chief Executives of all State and Central Co-operative Banks Dear Sir, Enhancement of transparency in bank's affairs through disclosures The Reserve Bank has been taking several steps from time to time to enhance the transparency of banks by having comprehensive requirements for disclosure in tune with the best practices. The disclosure requirements are being
RBI/2008-2009/131 RPCD.CO.RF.BC.No.21/ 07.38.03 / 2008-09 August 18, 2008 27 Shravana, Saka 1930 The Chairmen/Chief Executives of all State and Central Co-operative Banks Dear Sir, Enhancement of transparency in bank's affairs through disclosures The Reserve Bank has been taking several steps from time to time to enhance the transparency of banks by having comprehensive requirements for disclosure in tune with the best practices. The disclosure requirements are being
ഓഗ 14, 2008
Frauds - Future approach towards monitoring of frauds in NBFCs
RBI/2008-09/129 DNBS.PD.CC. No 127 /03.10.42/2008-09 August 14, 2008 All deposit taking NBFCs (including RNBCs) Dear Sirs, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to Company Circular No. 121 dated July 1, 2008 on the captioned subject which has now been revised as under: 1) Paragraph No. 3.1.3 of Master Circular DNBS.PD.CC.No.121 /03.10.42/2008-09 dated July 01, 2008 has been revised as under- 'NBFCs may also report frauds perpetrat
RBI/2008-09/129 DNBS.PD.CC. No 127 /03.10.42/2008-09 August 14, 2008 All deposit taking NBFCs (including RNBCs) Dear Sirs, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to Company Circular No. 121 dated July 1, 2008 on the captioned subject which has now been revised as under: 1) Paragraph No. 3.1.3 of Master Circular DNBS.PD.CC.No.121 /03.10.42/2008-09 dated July 01, 2008 has been revised as under- 'NBFCs may also report frauds perpetrat
ഓഗ 08, 2008
Prudential Norms for Off-Balance Sheet Exposures of Banks
RBI / 2008-09/125 DBOD.No.BP.BC.@@NBSP@@@@NBSP@@31@@NBSP@@ /21.04.157/2008 – 09 August 8,@@NBSP@@@@NBSP@@ 2008 All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir,@@NBSP@@ Prudential Norms for Off-Balance Sheet Exposures of Banks Please refer to RBI press release No.2007-2008 / 1528 dated May 30, 2008, in terms of which the draft guidelines on the captioned subject were released for comments / feedback. On the basis of the fee
RBI / 2008-09/125 DBOD.No.BP.BC.@@NBSP@@@@NBSP@@31@@NBSP@@ /21.04.157/2008 – 09 August 8,@@NBSP@@@@NBSP@@ 2008 All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir,@@NBSP@@ Prudential Norms for Off-Balance Sheet Exposures of Banks Please refer to RBI press release No.2007-2008 / 1528 dated May 30, 2008, in terms of which the draft guidelines on the captioned subject were released for comments / feedback. On the basis of the fee
ഓഗ 06, 2008
Infrastructure - Criteria for financing
RBI/2008- 2009/124 DBOD No.BP. BC. 30/ 08.12.14/2008-09 August 6, 2008 All Commercial Banks (excluding RRBs and LABs) and Select All India Financial Institutions (AIFIs) (NHB, NABARD, EXIM Bank, SIDBI,) Dear Sir,Infrastructure – Criteria for financing Please refer to paragraph 2.3.8.4 of our Master Circular – Loan and Advances – Statutory and other Restrictions - DBOD.NO.Dir.BC.17/13.03.00/2008-09 dated July 1, 2008 wherein, inter alia, the banks have been advised tha
RBI/2008- 2009/124 DBOD No.BP. BC. 30/ 08.12.14/2008-09 August 6, 2008 All Commercial Banks (excluding RRBs and LABs) and Select All India Financial Institutions (AIFIs) (NHB, NABARD, EXIM Bank, SIDBI,) Dear Sir,Infrastructure – Criteria for financing Please refer to paragraph 2.3.8.4 of our Master Circular – Loan and Advances – Statutory and other Restrictions - DBOD.NO.Dir.BC.17/13.03.00/2008-09 dated July 1, 2008 wherein, inter alia, the banks have been advised tha
ഓഗ 06, 2008
Introduction of Currency Futures - Permitting banks to become trading /clearing members of SEBI-approved exchanges
RBI/2008-09/123 DBOD.No.FSD.BC. 29 /24.01.001/2008-09 August 6, 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Introduction of Currency Futures – Permitting banks to become trading /clearing members of SEBI-approved exchanges As announced in the Annual Policy Statement for the year 2007-08, an Internal Working Group was set up by the Reserve Bank of India to study the international experience and suggest a suitable framework to operationalise the propo
RBI/2008-09/123 DBOD.No.FSD.BC. 29 /24.01.001/2008-09 August 6, 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Introduction of Currency Futures – Permitting banks to become trading /clearing members of SEBI-approved exchanges As announced in the Annual Policy Statement for the year 2007-08, an Internal Working Group was set up by the Reserve Bank of India to study the international experience and suggest a suitable framework to operationalise the propo
ഓഗ 05, 2008
8% Savings (Taxable) Bonds, 2003 - Income Tax Act, 1961 - TDS
RBI/2008-2009/121Ref. DGBA.CDD. No. H - 1311/13.01.299/2008-09August 5, 2008Shravana 14, 1930 (S)The Chairman and Managing DirectorState Bank of India & Associate Banks17 Nationalised BanksAXIS Bank Ltd / HDFC Bank Ltd / ICICI Bank Ltd / IDBI Bank Ltd / & SHCILDear Sir,8% Savings (Taxable) Bonds, 2003 - Income Tax Act, 1961 - TDS Please refer to our circular No. RBI/2007-08/141 with reference No. DGBA.CDD No. H-3024/13.01.299/2007-08 dated September 19, 2007 c
RBI/2008-2009/121Ref. DGBA.CDD. No. H - 1311/13.01.299/2008-09August 5, 2008Shravana 14, 1930 (S)The Chairman and Managing DirectorState Bank of India & Associate Banks17 Nationalised BanksAXIS Bank Ltd / HDFC Bank Ltd / ICICI Bank Ltd / IDBI Bank Ltd / & SHCILDear Sir,8% Savings (Taxable) Bonds, 2003 - Income Tax Act, 1961 - TDS Please refer to our circular No. RBI/2007-08/141 with reference No. DGBA.CDD No. H-3024/13.01.299/2007-08 dated September 19, 2007 c
ഓഗ 05, 2008
Differential Rate of Interest Scheme- Revision of income limits- Clarification regarding semi-urban areas
RBI/2008-2009/119RPCD.SP. BC. No. 19 / 09.07.01/2008-09August 5, 2008The Chairman / Managing Director Indian Scheduled Commercial Banks(excluding RRBs)Dear Sir,Differential Rate of Interest Scheme- Revision of income limits- Clarification regarding semi-urban areasPlease refer to our circular ref. RPCD. SP. BC.No.55/ 09.07.01/ 2007-08 dated April 10, 2008 intimating the revised income limits of the captioned scheme being presently implemented by all scheduled commerci
RBI/2008-2009/119RPCD.SP. BC. No. 19 / 09.07.01/2008-09August 5, 2008The Chairman / Managing Director Indian Scheduled Commercial Banks(excluding RRBs)Dear Sir,Differential Rate of Interest Scheme- Revision of income limits- Clarification regarding semi-urban areasPlease refer to our circular ref. RPCD. SP. BC.No.55/ 09.07.01/ 2007-08 dated April 10, 2008 intimating the revised income limits of the captioned scheme being presently implemented by all scheduled commerci
ഓഗ 05, 2008
PMLA,2002 - Obligation of NBFCs
RBI/2008-09/120 DNBS(PD). CC 126/03.10.042/ 2008- 09 August 5, 2008 All Non-Banking Financial Companies, Miscellaneous Non-Banking Companies, and Residuary Non-Banking Companies Dear Sir, Prevention of Money Laundering Act, 2002 – Obligation of@@NBSP@@ NBFCs in terms of Rules notified there under Please refer to our circular DNBS(PD). CC 68 /03.10.042/2005-06 dated April 5, 2006. In Paragraph 3 of the said circular, NBFCs were advised to go through the provisions of P
RBI/2008-09/120 DNBS(PD). CC 126/03.10.042/ 2008- 09 August 5, 2008 All Non-Banking Financial Companies, Miscellaneous Non-Banking Companies, and Residuary Non-Banking Companies Dear Sir, Prevention of Money Laundering Act, 2002 – Obligation of@@NBSP@@ NBFCs in terms of Rules notified there under Please refer to our circular DNBS(PD). CC 68 /03.10.042/2005-06 dated April 5, 2006. In Paragraph 3 of the said circular, NBFCs were advised to go through the provisions of P
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