Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks

RBI/2007-2008/254 DBOD.NO.BP. 64 / 21.04.158/ 2007-08 March 03, 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks Please refer to para 5.10(c) of our circular RBI/2006/167 DBOD.No.BP.40/ 21.04. 158 /2006-07 dated November 3, 2006 on the captioned subject. 2. The time limit given to the customer for preferring their complaints/grievances as specified in the above

RBI/2007-2008/254 DBOD.NO.BP. 64 / 21.04.158/ 2007-08 March 03, 2008 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks Please refer to para 5.10(c) of our circular RBI/2006/167 DBOD.No.BP.40/ 21.04. 158 /2006-07 dated November 3, 2006 on the captioned subject. 2. The time limit given to the customer for preferring their complaints/grievances as specified in the above

Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks

Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT)

RBI / 2007- 08 / 239DBOD.AML.BC. No.63/ 14.01.001 / 2007- 08February 18, 2008All Scheduled Commercial Banks/FIs (Excluding RRBs)Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) Banks have been advised vide our circular DBOD.NO.AML.BC.58/14.01.001 /2004-05 dated November 29, 2004 that the adoption of customer acceptance policy and its implementation should not result in denial of banking servic

RBI / 2007- 08 / 239DBOD.AML.BC. No.63/ 14.01.001 / 2007- 08February 18, 2008All Scheduled Commercial Banks/FIs (Excluding RRBs)Dear Sir, Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) Banks have been advised vide our circular DBOD.NO.AML.BC.58/14.01.001 /2004-05 dated November 29, 2004 that the adoption of customer acceptance policy and its implementation should not result in denial of banking servic

Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT)

Maintenance of SLR

RBI/2007-2008/236Ref.DBOD No. Ret.BC. 62/12.02.001/2007-08February 13, 2008 Magha 24, 1929 (Saka)All Scheduled Commercial Banks(excluding Regional Rural Banks) Madam/Dear Sir,Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio (SLR)Please refer to our circular DBOD. No. BC. 137/12.02.001/97-98 dated October 21, 1997 on the captioned subject.The Banking Regulation (Amendment) Act, 2007 replacing the Banking Regulation (Amendment) Ord

RBI/2007-2008/236Ref.DBOD No. Ret.BC. 62/12.02.001/2007-08February 13, 2008 Magha 24, 1929 (Saka)All Scheduled Commercial Banks(excluding Regional Rural Banks) Madam/Dear Sir,Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio (SLR)Please refer to our circular DBOD. No. BC. 137/12.02.001/97-98 dated October 21, 1997 on the captioned subject.The Banking Regulation (Amendment) Act, 2007 replacing the Banking Regulation (Amendment) Ord

Maintenance of SLR

Bank Finance to Factoring Companies

RBI /2007-08/235 DBOD .BP. BC. No. 60 /08.12.01/2007-08 February 12, 2008 Chairman and Managing Director/ Chief Executives of Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Bank Finance to Factoring Companies Please refer to our Master Circular No. RBI /2007-08/52.DBOD.BP.BC.13. /08.12.01/2007-08 dated July 2, 2007 on bank finance to non-banking financial companies(NBFCs). In terms of para 5.1 (i) of the circular, bills discounted / rediscounted

RBI /2007-08/235 DBOD .BP. BC. No. 60 /08.12.01/2007-08 February 12, 2008 Chairman and Managing Director/ Chief Executives of Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Bank Finance to Factoring Companies Please refer to our Master Circular No. RBI /2007-08/52.DBOD.BP.BC.13. /08.12.01/2007-08 dated July 2, 2007 on bank finance to non-banking financial companies(NBFCs). In terms of para 5.1 (i) of the circular, bills discounted / rediscounted

Bank Finance to Factoring Companies

Prudential Norms for Capital Adequacy - Risk Weight for Educational Loans

RBI/2007-08/226 DBOD.BP.BC. No.59/21.06.001/2007-08 January 17, 2008 All Scheduled Commercial Banks (excluding @@NBSP@@RRBs) Dear Sir, Prudential Norms for Capital Adequacy – Risk Weight for Educational Loans Please refer to our circulars DBOD.No.BP.BC.90/20.06.001/2006-07 dated April 27, 2007 (paragraph 5.13.3) on ‘Guidelines for Implementation of the New Capital Adequacy Framework’ and DBOD No.BP.BC.4/21.01.002/2007-08 dated July 2, 2007, the ‘Master Circular – Prud

RBI/2007-08/226 DBOD.BP.BC. No.59/21.06.001/2007-08 January 17, 2008 All Scheduled Commercial Banks (excluding @@NBSP@@RRBs) Dear Sir, Prudential Norms for Capital Adequacy – Risk Weight for Educational Loans Please refer to our circulars DBOD.No.BP.BC.90/20.06.001/2006-07 dated April 27, 2007 (paragraph 5.13.3) on ‘Guidelines for Implementation of the New Capital Adequacy Framework’ and DBOD No.BP.BC.4/21.01.002/2007-08 dated July 2, 2007, the ‘Master Circular – Prud

Prudential Norms for Capital Adequacy - Risk Weight for Educational Loans

Corporate Social Responsibility, Sustainable Development and Non-Financial Reporting - Role of Banks

RBI/2007-08/216 DBOD. No.Dir. BC. 58/13.27.00/2007- 08 December 20, 2007 Agrahayana 29, 1929(Saka) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam Corporate Social Responsibility, Sustainable Development and Non-Financial Reporting – Role of Banks At present, the world over, there is an increasing awareness about Corporate Social Responsibility (CSR), Sustainable Development (SD) and Non-Financial Reporting (NFR).@@NBSP@@ Consequently, there is a conc

RBI/2007-08/216 DBOD. No.Dir. BC. 58/13.27.00/2007- 08 December 20, 2007 Agrahayana 29, 1929(Saka) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam Corporate Social Responsibility, Sustainable Development and Non-Financial Reporting – Role of Banks At present, the world over, there is an increasing awareness about Corporate Social Responsibility (CSR), Sustainable Development (SD) and Non-Financial Reporting (NFR).@@NBSP@@ Consequently, there is a conc

Corporate Social Responsibility, Sustainable Development and Non-Financial Reporting - Role of Banks

Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07

RBI/2007-2008/217 Ref.DBS.ARS.BC. No. 07/ 08.92.001/ 2007-08 December 20, 2007The Chairman & Managing Director, all Nationalised Banks andThe Managing Director, Associate Banks of SBIDear Sir/Madam, Remuneration payable to the Statutory Central andBranch Auditors of Public Sector Banks from the year 2006-07Please refer to our circular DBS.ARS.No.BC.08/80.92.100/2006-07 dated June 06, 2007 on remuneration payable to statutory central and branch auditors of public s

RBI/2007-2008/217 Ref.DBS.ARS.BC. No. 07/ 08.92.001/ 2007-08 December 20, 2007The Chairman & Managing Director, all Nationalised Banks andThe Managing Director, Associate Banks of SBIDear Sir/Madam, Remuneration payable to the Statutory Central andBranch Auditors of Public Sector Banks from the year 2006-07Please refer to our circular DBS.ARS.No.BC.08/80.92.100/2006-07 dated June 06, 2007 on remuneration payable to statutory central and branch auditors of public s

Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07

Loans/advances to MFs to be included in Banks’ Capital Market Exposure

RBI.No.2007-08/210 DBOD. Dir. BC. 57/13.03.00/2007-2008 December 14, 2007 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Banks' Exposure to Capital Market – Loans extended by banks to Mutual Funds and issue of Irrevocable Payment Commitments (IPCs) As banks are aware, the extant instructions on banks’ exposure to the Capital Market have been consolidated in RBI’s Master Circular No. DBOD. Dir. BC. 11 / 13.03.00/ 2007-08 dated July 2, 2007 on Exposure Norms.

RBI.No.2007-08/210 DBOD. Dir. BC. 57/13.03.00/2007-2008 December 14, 2007 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Banks' Exposure to Capital Market – Loans extended by banks to Mutual Funds and issue of Irrevocable Payment Commitments (IPCs) As banks are aware, the extant instructions on banks’ exposure to the Capital Market have been consolidated in RBI’s Master Circular No. DBOD. Dir. BC. 11 / 13.03.00/ 2007-08 dated July 2, 2007 on Exposure Norms.

Loans/advances to MFs to be included in Banks’ Capital Market Exposure

Prudential Norms for Classification, valuation and operation of investment portfolio by banks

RBI/2007-08/205 DBOD.No.BP.BC.56/21.04.141/2007-08 December 06,2007 The Chairman/Chief Executive Officer All Scheduled Commercial Banks (excluding Local Area Banks and Regional Rural Banks) Dear Sir, Prudential Norms for Classification, valuation and operation of investment portfolio by banks Please refer to our Master Circular DBOD.No.BP.BC.15/21.04.141/2007-08 dated July 2, 2007 on the captioned subject. 2. As per para 1.2.14 of the circular, banks must not invest i

RBI/2007-08/205 DBOD.No.BP.BC.56/21.04.141/2007-08 December 06,2007 The Chairman/Chief Executive Officer All Scheduled Commercial Banks (excluding Local Area Banks and Regional Rural Banks) Dear Sir, Prudential Norms for Classification, valuation and operation of investment portfolio by banks Please refer to our Master Circular DBOD.No.BP.BC.15/21.04.141/2007-08 dated July 2, 2007 on the captioned subject. 2. As per para 1.2.14 of the circular, banks must not invest i

Prudential Norms for Classification, valuation and operation of investment portfolio by banks

Scope of Infrastructure Lending expanded

RBI/2007- 2008/197DBOD No. BP. BC.52/ 21.04.048/2007- 08November 30, 2007All Commercial Banks (excluding RRBs and LABs) andSelect All India Financial Institutions (AIFIs)(NHB, NABARD, EXIM Bank, SIDBI, TFCI Ltd., IFCI Ltd., IIBI Ltd.)Dear Sir,Financing of Infrastructure by the banks and Financial Institutions –Definition of 'infrastructure lending'Please refer to our Circular DBOD.No.BP.BC.92/21.04.048/2003-04 dated June 16,2004, defining the scope of 'infrastructure

RBI/2007- 2008/197DBOD No. BP. BC.52/ 21.04.048/2007- 08November 30, 2007All Commercial Banks (excluding RRBs and LABs) andSelect All India Financial Institutions (AIFIs)(NHB, NABARD, EXIM Bank, SIDBI, TFCI Ltd., IFCI Ltd., IIBI Ltd.)Dear Sir,Financing of Infrastructure by the banks and Financial Institutions –Definition of 'infrastructure lending'Please refer to our Circular DBOD.No.BP.BC.92/21.04.048/2003-04 dated June 16,2004, defining the scope of 'infrastructure

Scope of Infrastructure Lending expanded