Notifications - आरबीआय - Reserve Bank of India
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Notifications
एप्रि 05, 2006
Guidelines on compliance with Accounting Standard (AS) 11 (revised 2003) - 'The Effects of Changes in Foreign Exchange Rates'
RBI/2005-06/351 DBOD.BP.BC.No. 76 /21.04.018/2005-06 April 5, 2006 All Scheduled Commercial Banks (except RRBs) Dear Sir, Guidelines on compliance with Accounting Standard (AS) 11 (revised 2003) - 'The Effects of Changes in Foreign Exchange Rates' Please refer to para 4.2 of the Annex to our circular DBOD.No.BP.BC.76/21.04. 018/2004-2005 dated March 15, 2005. 2. It was advised therein that in respect of Indian branches and integral foreign operations, those foreign cu
RBI/2005-06/351 DBOD.BP.BC.No. 76 /21.04.018/2005-06 April 5, 2006 All Scheduled Commercial Banks (except RRBs) Dear Sir, Guidelines on compliance with Accounting Standard (AS) 11 (revised 2003) - 'The Effects of Changes in Foreign Exchange Rates' Please refer to para 4.2 of the Annex to our circular DBOD.No.BP.BC.76/21.04. 018/2004-2005 dated March 15, 2005. 2. It was advised therein that in respect of Indian branches and integral foreign operations, those foreign cu
मार्च 29, 2006
Interest Rate on FCNR(B) Deposits
RBI / 2005-06 / 340 DBOD.No.Dir.BC. 75 / 13.03.00 / 2005-06 March 29, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Interest Rate on FCNR(B) Deposits Please refer to item (a) of Annexure I to our Master Circular DBOD.No.Dir.BC. 6 / 13.03.00 / 2005-06 dated July 1, 2005 and the Circular No. DBOD.No.Dir.BC. 62 / 13.03.00 / 2005-06 dated February 8, 2006. In terms of the above guidelines, banks are free to accept FCNR(B) deposits denominated in US dollar
RBI / 2005-06 / 340 DBOD.No.Dir.BC. 75 / 13.03.00 / 2005-06 March 29, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Interest Rate on FCNR(B) Deposits Please refer to item (a) of Annexure I to our Master Circular DBOD.No.Dir.BC. 6 / 13.03.00 / 2005-06 dated July 1, 2005 and the Circular No. DBOD.No.Dir.BC. 62 / 13.03.00 / 2005-06 dated February 8, 2006. In terms of the above guidelines, banks are free to accept FCNR(B) deposits denominated in US dollar
मार्च 24, 2006
Bills discounted under LC - Risk Weight and Exposure Norms
RBI/2005-06/332 DBOD.BP.BC. 73/21.03.054/2005-06 March 24, 2006 All Scheduled Commercial Banks (excluding RRBs / LABs) Dear Sir, Bills discounted under LC – Risk Weight and Exposure Norms Please refer to our circular DBOD.Dir.BC.62/13.07.09/2002-2003 dated January 24, 2003. In terms of para 2(iv) of the circular, the credit exposure on account of bills purchased / discounted / negotiated under LCs or otherwise should be reckoned on the bank’s borrower constituent. Acc
RBI/2005-06/332 DBOD.BP.BC. 73/21.03.054/2005-06 March 24, 2006 All Scheduled Commercial Banks (excluding RRBs / LABs) Dear Sir, Bills discounted under LC – Risk Weight and Exposure Norms Please refer to our circular DBOD.Dir.BC.62/13.07.09/2002-2003 dated January 24, 2003. In terms of para 2(iv) of the circular, the credit exposure on account of bills purchased / discounted / negotiated under LCs or otherwise should be reckoned on the bank’s borrower constituent. Acc
मार्च 22, 2006
Financial Inclusion by Extension of Banking Services - Use of Business Facilitators and Correspondents
RBI/2005-06/331 DBOD.No.BL.BC. 72/22.01.009/2005-2006 March 22, 2006 Chaitra 01, 1928 (S) The Chairmen & CEOs (All Scheduled Commercial Banks including Regional Rural Banks and Local Area Banks) Dear Sir, Financial Inclusion@@NBSP@@by Extension of Banking Services - Use of@@NBSP@@Business Facilitators and Correspondents Please refer to our Circular DBOD.No.BL.BC. 58/22.01.001/2005-2006 dated January 25, 2006 on the above subject.2. In terms of the above circular,
RBI/2005-06/331 DBOD.No.BL.BC. 72/22.01.009/2005-2006 March 22, 2006 Chaitra 01, 1928 (S) The Chairmen & CEOs (All Scheduled Commercial Banks including Regional Rural Banks and Local Area Banks) Dear Sir, Financial Inclusion@@NBSP@@by Extension of Banking Services - Use of@@NBSP@@Business Facilitators and Correspondents Please refer to our Circular DBOD.No.BL.BC. 58/22.01.001/2005-2006 dated January 25, 2006 on the above subject.2. In terms of the above circular,
मार्च 17, 2006
Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2005 - 06/ 326 DBOD.Ret.BC.No. 70 /12.06.062/2005-06 March 17, 2006 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934. We advise that the name of 'The Bank of Tokyo - Mitsubishi, Ltd' has been changed to 'The Bank of Tokyo - Mitsubishi UFJ, Ltd' in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from January 01, 2006, in terms of Notification DBOD. No.IBD.937/
RBI/2005 - 06/ 326 DBOD.Ret.BC.No. 70 /12.06.062/2005-06 March 17, 2006 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934. We advise that the name of 'The Bank of Tokyo - Mitsubishi, Ltd' has been changed to 'The Bank of Tokyo - Mitsubishi UFJ, Ltd' in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from January 01, 2006, in terms of Notification DBOD. No.IBD.937/
मार्च 17, 2006
Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - "UFJ Bank Ltd"
RBI/2005 - 06/ 327 DBOD.Ret.BC.No. 71 /12.06.075/2005-06 March 17, 2006 All Scheduled Commercial Banks Dear Sir Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - 'UFJ Bank Ltd'. We advise that the name of ' UFJ Bank Ltd' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from January 01, 2006, in terms of Notification DBOD. No.IBD.947/23.03.007/2005-06 dated December 26, 2005, which was published in
RBI/2005 - 06/ 327 DBOD.Ret.BC.No. 71 /12.06.075/2005-06 March 17, 2006 All Scheduled Commercial Banks Dear Sir Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - 'UFJ Bank Ltd'. We advise that the name of ' UFJ Bank Ltd' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from January 01, 2006, in terms of Notification DBOD. No.IBD.947/23.03.007/2005-06 dated December 26, 2005, which was published in
मार्च 16, 2006
Relaxation to trade and industry in the State of Jammu and Kashmir
RBI/2005-06/ 325 DBOD.BP.BC. 69 /21.04.012/ 2005-06 March 16, 2006 The Chairmen of all Scheduled Commercial Banks (excluding RRBs) Dear Sir, Relaxation to trade and industry in the State of Jammu and Kashmir Please refer to our circular DBOD.No.BP.BC.87/21.04.012/2004-2005 dated 2nd May 2005 extending the period of concessions/credit relaxations to borrowers/customers in Jammu and Kashmir up to 31 March 2006. It has been decided that the concessions/credit relaxations
RBI/2005-06/ 325 DBOD.BP.BC. 69 /21.04.012/ 2005-06 March 16, 2006 The Chairmen of all Scheduled Commercial Banks (excluding RRBs) Dear Sir, Relaxation to trade and industry in the State of Jammu and Kashmir Please refer to our circular DBOD.No.BP.BC.87/21.04.012/2004-2005 dated 2nd May 2005 extending the period of concessions/credit relaxations to borrowers/customers in Jammu and Kashmir up to 31 March 2006. It has been decided that the concessions/credit relaxations
मार्च 09, 2006
Contribution to Prime Minister’s National Relief Fund (PMNRF)
RBI/2005-06/320 DBOD No. Dir.BC. 68/13.01.01/2005-06 March 9, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister’s National Relief Fund (PMNRF) Please refer to our Circular DBOD No. Dir.BC.65/13.01.01/2004-05 dated December 29, 2004. The Prime Minister’s Office (PMO) has advised that the following branches of nine banks have also been designated for the purpose of collection of contribution to Prime Minister’s National Relief
RBI/2005-06/320 DBOD No. Dir.BC. 68/13.01.01/2005-06 March 9, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister’s National Relief Fund (PMNRF) Please refer to our Circular DBOD No. Dir.BC.65/13.01.01/2004-05 dated December 29, 2004. The Prime Minister’s Office (PMO) has advised that the following branches of nine banks have also been designated for the purpose of collection of contribution to Prime Minister’s National Relief
मार्च 06, 2006
Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2005-06/315 DBOD.Ret.BC.No.66 /12.06.094/2005-06 March 06, 2006 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934. We advise that the name of ' Centurion Bank Limited ' has been changed to ' Centurion Bank of Punjab Limited ' in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 17, 2005, in terms of Notification DBOD.No.PSBD.390/16.01.130/2005-06 da
RBI/2005-06/315 DBOD.Ret.BC.No.66 /12.06.094/2005-06 March 06, 2006 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934. We advise that the name of ' Centurion Bank Limited ' has been changed to ' Centurion Bank of Punjab Limited ' in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 17, 2005, in terms of Notification DBOD.No.PSBD.390/16.01.130/2005-06 da
मार्च 06, 2006
Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ' Bank of Punjab Limited '
RBI/2005-06/316 DBOD.Ret.BC.No. 67 /12.06.095/2005-06 March 06, 2006 All Scheduled Commercial Banks Dear Sir Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ' Bank of Punjab Limited ' We advise that the name of ' Bank of Punjab Limited ' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 01, 2005, in terms of notification DBOD. No. PSBD.353/16.01.130/2005-06 dated October 07, 2005 whic
RBI/2005-06/316 DBOD.Ret.BC.No. 67 /12.06.095/2005-06 March 06, 2006 All Scheduled Commercial Banks Dear Sir Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ' Bank of Punjab Limited ' We advise that the name of ' Bank of Punjab Limited ' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 01, 2005, in terms of notification DBOD. No. PSBD.353/16.01.130/2005-06 dated October 07, 2005 whic
मार्च 01, 2006
Banks’ Exposure to Real Estate Sector
RBI/2005-06/310 DBOD.BP.BC. 65 /08.12.01/2005-06 March 1, 2006 Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks Dear Sir, Banks’ Exposure to Real Estate Sector As you are aware, there has been substantial increase in lending by banks to the real estate sector during the last few years. While the development of real estate is welcome, there is a need for the banks to curb the excessively risky lending by exercising selectivity
RBI/2005-06/310 DBOD.BP.BC. 65 /08.12.01/2005-06 March 1, 2006 Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks Dear Sir, Banks’ Exposure to Real Estate Sector As you are aware, there has been substantial increase in lending by banks to the real estate sector during the last few years. While the development of real estate is welcome, there is a need for the banks to curb the excessively risky lending by exercising selectivity
फेब्रु 15, 2006
Prevention of Money Laundering Act, 2002 - Obligation of banks in terms of Rules notified thereunder
RBI/2005-06/301 DBOD.NO.AML.BC.63 /14.01.001/2005-06 February 15, 2006 The Chairmen and Chief Executive Officers (All Scheduled Commercial Banks excluding RRBs) Dear Sir, Prevention of Money Laundering Act, 2002 – Obligation of banks in terms of Rules notified thereunder Please refer to our circular DBOD.No.AML.BC.58/14.01.001/ 2004-05 dated November 29, 2004 on KYC Guidelines and Anti Money Laundering Standards. Banks were advised to put in place a policy framework w
RBI/2005-06/301 DBOD.NO.AML.BC.63 /14.01.001/2005-06 February 15, 2006 The Chairmen and Chief Executive Officers (All Scheduled Commercial Banks excluding RRBs) Dear Sir, Prevention of Money Laundering Act, 2002 – Obligation of banks in terms of Rules notified thereunder Please refer to our circular DBOD.No.AML.BC.58/14.01.001/ 2004-05 dated November 29, 2004 on KYC Guidelines and Anti Money Laundering Standards. Banks were advised to put in place a policy framework w
फेब्रु 08, 2006
Interest Rates on Non-Resident Deposits
RBI/2005-06/298 DBOD. No. Dir.BC. 62/13.03.00/ 2005-06 February 8, 2006 All Commercial Banks (excluding RRBs) Dear Sir, Interest Rates on Non-Resident Deposits Please refer to our Master Circulars DBOD. No. Dir. BC. 5 & 6 / 13.03.00/ 2005-06 dated July 1, 2005 on Interest Rates on Domestic and NRI Deposits. 2. In terms of our extant guidelines, interest rates on NRE deposits of one to three years' maturity should not exceed the LIBOR/ SWAP rates as on the last wor
RBI/2005-06/298 DBOD. No. Dir.BC. 62/13.03.00/ 2005-06 February 8, 2006 All Commercial Banks (excluding RRBs) Dear Sir, Interest Rates on Non-Resident Deposits Please refer to our Master Circulars DBOD. No. Dir. BC. 5 & 6 / 13.03.00/ 2005-06 dated July 1, 2005 on Interest Rates on Domestic and NRI Deposits. 2. In terms of our extant guidelines, interest rates on NRE deposits of one to three years' maturity should not exceed the LIBOR/ SWAP rates as on the last wor
फेब्रु 07, 2006
Recommendations of the Working Group to Review Export Credit
RBI/2005-06/297 DBOD. Dir. (Exp) BC.No. 61/ 04.02.02 (WG)/2005-06 February 7, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Recommendations of the Working Group to Review Export Credit The Reserve Bank of India had constituted a Working Group to review Export Credit, consisting of select banks and exporters' organisations, chaired by the Chief General Manager-in-Charge, Department of Banking Operations and Development, Central Office to review the var
RBI/2005-06/297 DBOD. Dir. (Exp) BC.No. 61/ 04.02.02 (WG)/2005-06 February 7, 2006 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Recommendations of the Working Group to Review Export Credit The Reserve Bank of India had constituted a Working Group to review Export Credit, consisting of select banks and exporters' organisations, chaired by the Chief General Manager-in-Charge, Department of Banking Operations and Development, Central Office to review the var
फेब्रु 02, 2006
Guidelines on Securitisation of Standard Assets
RBI No. 2005-06/294 DBOD.NO.BP.BC.60 / 21.04.048/2005-06 February 1, 2006 All Commercial Banks (excluding RRBs) All India Term Lending and Refinancing Institutions (FIs) All Non Banking Financial Companies (including RNBCs) Dear Sir, Guidelines on Securitisation of Standard Assets As you are aware, Reserve Bank had issued draft guidelines on securitisation of standard assets vide letter DBOD.No.BP.1502/ 21.04.048/ 2004-05 dated April 4, 2005. On the basis of the feedb
RBI No. 2005-06/294 DBOD.NO.BP.BC.60 / 21.04.048/2005-06 February 1, 2006 All Commercial Banks (excluding RRBs) All India Term Lending and Refinancing Institutions (FIs) All Non Banking Financial Companies (including RNBCs) Dear Sir, Guidelines on Securitisation of Standard Assets As you are aware, Reserve Bank had issued draft guidelines on securitisation of standard assets vide letter DBOD.No.BP.1502/ 21.04.048/ 2004-05 dated April 4, 2005. On the basis of the feedb
जाने 31, 2006
Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ING Bank N.V.
RBI/2005-06/ 293 DBOD. Ret. BC. No. 59-A /12.06.089/2005-06 January 31, 2006 All Scheduled Commercial Banks Dear Sir, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ING Bank N.V. We advise that the name of ' ING Bank N.V.' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 28, 2005, in terms of notification DBOD. No. IBD. 616/23.13.017/2005-06 dated October 28, 2005, which was publish
RBI/2005-06/ 293 DBOD. Ret. BC. No. 59-A /12.06.089/2005-06 January 31, 2006 All Scheduled Commercial Banks Dear Sir, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - ING Bank N.V. We advise that the name of ' ING Bank N.V.' has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 28, 2005, in terms of notification DBOD. No. IBD. 616/23.13.017/2005-06 dated October 28, 2005, which was publish
जाने 25, 2006
Enhancement of banks’ capital raising options for capital adequacy purposes
RBI / 2005-06 / 283 DBOD.No.BP.BC. 57 / 21.01.002 / 2005-2006 January 25, 2006 All Commercial Banks (Excluding RRBs) Dear Sir Enhancement of banks’ capital raising options for capital adequacy purposes As you are aware, until recently, the capital adequacy ratio was applicable only to credit risk assumed by banks. Subsequently, capital requirement for market risks for the HFT portfolio was introduced during 2004-05. In addition, banks are required to provide capital f
RBI / 2005-06 / 283 DBOD.No.BP.BC. 57 / 21.01.002 / 2005-2006 January 25, 2006 All Commercial Banks (Excluding RRBs) Dear Sir Enhancement of banks’ capital raising options for capital adequacy purposes As you are aware, until recently, the capital adequacy ratio was applicable only to credit risk assumed by banks. Subsequently, capital requirement for market risks for the HFT portfolio was introduced during 2004-05. In addition, banks are required to provide capital f
जाने 25, 2006
Financial Inclusion by Extension of Banking Services - Use of Business Facilitators and Correspondents
RBI/2005-06/288 DBOD.No.BL.BC. 58/22.01.001/2005-2006 January 25, 2006 Magha 5, 1927 (S) The Chairmen & CEOs (All Scheduled Commercial Banks including RRBs) Dear Sir, Financial Inclusion@@NBSP@@by Extension of Banking Services - Use of@@NBSP@@Business Facilitators and Correspondents With the objective of ensuring greater financial inclusion and@@NBSP@@increasing the outreach of the banking sector, it has been decided in public interest to enable banks to use the s
RBI/2005-06/288 DBOD.No.BL.BC. 58/22.01.001/2005-2006 January 25, 2006 Magha 5, 1927 (S) The Chairmen & CEOs (All Scheduled Commercial Banks including RRBs) Dear Sir, Financial Inclusion@@NBSP@@by Extension of Banking Services - Use of@@NBSP@@Business Facilitators and Correspondents With the objective of ensuring greater financial inclusion and@@NBSP@@increasing the outreach of the banking sector, it has been decided in public interest to enable banks to use the s
जाने 23, 2006
Section 23 of the Banking Regulation Act, 1949 - Branch Authorisation Policy
RBI/2005-06/280 DBOD.No.BL.BC. 55/22.01.001/2005-2006 January 23, 2006 Magha 3, 1927 (S) The Chairmen & CEOs of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Section 23 of the Banking Regulation Act, 1949 - Branch Authorisation Policy Please refer to our Master Circular DBOD.No.BL.BC. 36/ 22.01.001/ 2005 dated September 8, 2005, on branch authorisation. 2. In terms of the extant instructions, banks are required to approach Department of Banking Operati
RBI/2005-06/280 DBOD.No.BL.BC. 55/22.01.001/2005-2006 January 23, 2006 Magha 3, 1927 (S) The Chairmen & CEOs of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Section 23 of the Banking Regulation Act, 1949 - Branch Authorisation Policy Please refer to our Master Circular DBOD.No.BL.BC. 36/ 22.01.001/ 2005 dated September 8, 2005, on branch authorisation. 2. In terms of the extant instructions, banks are required to approach Department of Banking Operati
जाने 23, 2006
Collection of account payee cheque - Prohibition on crediting proceeds to third party account
RBI./2005-06/282 DBOD.BP.BC No. 56 / 21.01.001/ 2005-06 January 23, 2006The Chairmen/Chief Executives of all Commercial Banks (excluding RRBs)Dear Sir, Collection of account payee cheque – Prohibition on crediting proceeds to third party account As banks are aware an account payee cheque is required to be collected for the payee constituent. As regards, account payee cheques drawn in favour of banks, it had been indicated, vide our circular DBOD.NO.BC.23/21.01.001/92
RBI./2005-06/282 DBOD.BP.BC No. 56 / 21.01.001/ 2005-06 January 23, 2006The Chairmen/Chief Executives of all Commercial Banks (excluding RRBs)Dear Sir, Collection of account payee cheque – Prohibition on crediting proceeds to third party account As banks are aware an account payee cheque is required to be collected for the payee constituent. As regards, account payee cheques drawn in favour of banks, it had been indicated, vide our circular DBOD.NO.BC.23/21.01.001/92
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