Notifications - ଆରବିଆଇ - Reserve Bank of India
IST,
ଖୋଜନ୍ତୁ
errorSearch
rbi.page.title.1
rbi.page.title.2
Notifications
ସେପ୍ଟେମ୍ବର 05, 2005
Gold (Metal) Loan
RBI/2005-06/155 DBOD.No.IBD.BC. 33 /23.67.001/2005-06 September 5, 2005 All Scheduled Commercial Banks (excluding RRBs ) Dear Sir, Gold (Metal) Loan In terms of our circular DBOD.No.IBS.BC/1519/23.67.001/1998-99 dated December 31,1998, nominated banks authorized to import gold were advised that Gold (Metal) loans should be given only to jewellery exporters. Further, in terms of our circular DBOD.No.IBS.3161/23.67.001/1998-99 dated June 25,1999, nominated banks were ad
RBI/2005-06/155 DBOD.No.IBD.BC. 33 /23.67.001/2005-06 September 5, 2005 All Scheduled Commercial Banks (excluding RRBs ) Dear Sir, Gold (Metal) Loan In terms of our circular DBOD.No.IBS.BC/1519/23.67.001/1998-99 dated December 31,1998, nominated banks authorized to import gold were advised that Gold (Metal) loans should be given only to jewellery exporters. Further, in terms of our circular DBOD.No.IBS.3161/23.67.001/1998-99 dated June 25,1999, nominated banks were ad
ପିଡିଏଫ (
ସେପ୍ଟେମ୍ବର 01, 2005
NDS-OM - Counterparty Confirmation
RBI.No. 151/2005-06 DBOD.FSD.BC.NO.31/24.76.002/2005-06 September 1, 2005 All Scheduled Commercial Banks & Financial Institutions (as per the list attached) (Excluding RRBs) Dear Sir NDS-OM – Counterparty Confirmation The Negotiated Dealing System (NDS) for electronic dealing and reporting of transactions in government securities was introduced in February 2002. Subsequently, on August 1, 2005, RBI introduced the anonymous screen based order matching module on NDS
RBI.No. 151/2005-06 DBOD.FSD.BC.NO.31/24.76.002/2005-06 September 1, 2005 All Scheduled Commercial Banks & Financial Institutions (as per the list attached) (Excluding RRBs) Dear Sir NDS-OM – Counterparty Confirmation The Negotiated Dealing System (NDS) for electronic dealing and reporting of transactions in government securities was introduced in February 2002. Subsequently, on August 1, 2005, RBI introduced the anonymous screen based order matching module on NDS
ଅଗଷ୍ଟ 31, 2005
LABs - Submission of periodical returns and statements
RBI/2005-06/148 DBOD. No.PSBD. BC. 29/ 16.13.204 / 2005-06 August 31, 2005 All Local Area Banks Dear Sir, Submission of periodical returns and statements Please refer to our letter DBOD.No.PSBS. 889 /16.13.204/2003-04 dated February 25, 2004 on the captioned subject. 2. It is advised that the Local Area Banks may, henceforth, submit returns and statements to the departments/offices of RBI as indicated in the ‘Annexure – A’ and ‘Annexure B’. It is also advised that Rur
RBI/2005-06/148 DBOD. No.PSBD. BC. 29/ 16.13.204 / 2005-06 August 31, 2005 All Local Area Banks Dear Sir, Submission of periodical returns and statements Please refer to our letter DBOD.No.PSBS. 889 /16.13.204/2003-04 dated February 25, 2004 on the captioned subject. 2. It is advised that the Local Area Banks may, henceforth, submit returns and statements to the departments/offices of RBI as indicated in the ‘Annexure – A’ and ‘Annexure B’. It is also advised that Rur
ଅଗଷ୍ଟ 31, 2005
Line of Credit/Over Draft Facility to CCIL
RBI/ 2005-06/150 DBOD.No.Leg.BC. 30 /09.11.013/2005-06 August 31, 2005 To All Schedule Commercial Banks (Excluding RRBs) Dear Sir, Section 20 of the Banking Regulation Act, 1949 - Line of Credit / Overdraft facility to Clearing Corporation of India Ltd. (CCIL) Please refer to our circular DBOD.No.Leg.BC. 98/09.11.013/2004-05 dated June 24, 2005 exempting from the purview of Section 20 of the Banking Regulation Act, 1949, the line of credit / overdraft facility extende
RBI/ 2005-06/150 DBOD.No.Leg.BC. 30 /09.11.013/2005-06 August 31, 2005 To All Schedule Commercial Banks (Excluding RRBs) Dear Sir, Section 20 of the Banking Regulation Act, 1949 - Line of Credit / Overdraft facility to Clearing Corporation of India Ltd. (CCIL) Please refer to our circular DBOD.No.Leg.BC. 98/09.11.013/2004-05 dated June 24, 2005 exempting from the purview of Section 20 of the Banking Regulation Act, 1949, the line of credit / overdraft facility extende
ଅଗଷ୍ଟ 23, 2005
SCBs - KYC - Anti-Money Laundering Standards
RBI/2005-06/135 DBOD.NO.AML.BC.28 /14.01.001/2005-06 August 23, 2005 The Chief Executives of All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Know Your Customer Guidelines- Anti-Money Laundering StandardsPlease refer to our circular DBOD.NO.AML.BC.58/14.01.001/2004-05 dated November 29, 2004 on the above subject. In terms of the above circular, banks were advised to formulate a customer acceptance policy and customer identification procedure to be followed whil
RBI/2005-06/135 DBOD.NO.AML.BC.28 /14.01.001/2005-06 August 23, 2005 The Chief Executives of All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Know Your Customer Guidelines- Anti-Money Laundering StandardsPlease refer to our circular DBOD.NO.AML.BC.58/14.01.001/2004-05 dated November 29, 2004 on the above subject. In terms of the above circular, banks were advised to formulate a customer acceptance policy and customer identification procedure to be followed whil
ଅଗଷ୍ଟ 03, 2005
Section 23 of the Banking Regulation Act, 1949 - Branch Expansion strategy of banks
RBI/2005-06/93 DBOD. No.BL.BC.24 / 22.01.001 /2005-06 August 3, 2005 Shravana 12, 1927 (Saka) Chief Executives All Indian scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Section 23 of the Banking Regulation Act, 1949 - Branch Expansion strategy of banks As you are aware, banks are submitting applications to us for opening of branches / offices at any time during the year. It has been decided to change this procedure and banks are required to make applica
RBI/2005-06/93 DBOD. No.BL.BC.24 / 22.01.001 /2005-06 August 3, 2005 Shravana 12, 1927 (Saka) Chief Executives All Indian scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Section 23 of the Banking Regulation Act, 1949 - Branch Expansion strategy of banks As you are aware, banks are submitting applications to us for opening of branches / offices at any time during the year. It has been decided to change this procedure and banks are required to make applica
ଅଗଷ୍ଟ 02, 2005
Facilitating opening of bank accounts for flood affected persons
RBI/2005-06/89 Ref.DBOD.No.AML.BC. 23 /14.01.064 /2005-06 August 2, 2005To The Chief Executives of Scheduled Commercial Banks including Regional Rural BanksDear Sirs Facilitating opening of bank accounts for flood affected persons Please refer to our circular DBOD.No.AML.BC.58/14.01.001/2004-05 dated November 29, 2004 on Know Your Customer Guidelines – Anti-Money Laundering standards. In terms of the above circular, banks were advised to formulate a customer acceptanc
RBI/2005-06/89 Ref.DBOD.No.AML.BC. 23 /14.01.064 /2005-06 August 2, 2005To The Chief Executives of Scheduled Commercial Banks including Regional Rural BanksDear Sirs Facilitating opening of bank accounts for flood affected persons Please refer to our circular DBOD.No.AML.BC.58/14.01.001/2004-05 dated November 29, 2004 on Know Your Customer Guidelines – Anti-Money Laundering standards. In terms of the above circular, banks were advised to formulate a customer acceptanc
ଜୁଲାଇ 26, 2005
Prudential norms on capital adequacy - Risk weight on commercial real estate exposures
RBI No. 2005-06/ 78 DBOD. BP.BC. 20 / 21.01.002/ 2005-06 July 26, 2005 All Commercial Banks Dear Sir, Prudential norms on capital adequacy – Risk weight on commercial real estate exposures Please refer to our circular No. DBDO.BP.BC.61/21.01.002/2004-05 dated December 23, 2004 in terms of which the risk weights for banks’ exposure on (i) housing loans, which are fully secured by mortgage of residential properties, extended to individuals by banks and (ii) investments
RBI No. 2005-06/ 78 DBOD. BP.BC. 20 / 21.01.002/ 2005-06 July 26, 2005 All Commercial Banks Dear Sir, Prudential norms on capital adequacy – Risk weight on commercial real estate exposures Please refer to our circular No. DBDO.BP.BC.61/21.01.002/2004-05 dated December 23, 2004 in terms of which the risk weights for banks’ exposure on (i) housing loans, which are fully secured by mortgage of residential properties, extended to individuals by banks and (ii) investments
ଜୁଲାଇ 26, 2005
FCNR (B) Deposit Scheme
RBI No. 2005-06/ 80 DBOD. Dir.BC. 22 / 13.03.00/ 2005-06 July 26, 2005 All Commercial Banks (excluding RRBs) Dear Sir, FCNR (B) Deposit Scheme Please refer to our Master Circular relating to deposits held in FCNR(B) Accounts DBOD.No.Dir.6/13.03.00/2005-06 dated July 1, 2005. 2. On a review of the recommendations made by the Technical Committee on Forex markets and feed back received so far, it has been decided as follows: (a) to allow banks to accept FCNR (B) deposits
RBI No. 2005-06/ 80 DBOD. Dir.BC. 22 / 13.03.00/ 2005-06 July 26, 2005 All Commercial Banks (excluding RRBs) Dear Sir, FCNR (B) Deposit Scheme Please refer to our Master Circular relating to deposits held in FCNR(B) Accounts DBOD.No.Dir.6/13.03.00/2005-06 dated July 1, 2005. 2. On a review of the recommendations made by the Technical Committee on Forex markets and feed back received so far, it has been decided as follows: (a) to allow banks to accept FCNR (B) deposits
ଜୁଲାଇ 26, 2005
Risk weight for Capital Market Exposure
RBI/2005-06/ 79 DBOD.No.BP.BC 21 ./ 21.01.002/2005-06 July 26, 2005 All commercial banks Dear Sir, Risk weight for Capital Market Exposure Please refer to our master circular DBOD.No.BP.BC 13/21.01.0002/2005-06 dated July 4, 2005 in terms of which the risk weight for credit risk on capital market exposures is 100 percent. Bank's capital market exposure covers the following a. direct investment by a bank in equity shares, convertible bonds and debentures and units of e
RBI/2005-06/ 79 DBOD.No.BP.BC 21 ./ 21.01.002/2005-06 July 26, 2005 All commercial banks Dear Sir, Risk weight for Capital Market Exposure Please refer to our master circular DBOD.No.BP.BC 13/21.01.0002/2005-06 dated July 4, 2005 in terms of which the risk weight for credit risk on capital market exposures is 100 percent. Bank's capital market exposure covers the following a. direct investment by a bank in equity shares, convertible bonds and debentures and units of e
ଜୁଲାଇ 22, 2005
Calendar of reviews - Matters to be placed before Board of Directors, Management Committee and Audit Committee
RBI/2005-06/72 DBOD.No.PSBD.BC. 19/16.13.100/2005-06 July 22, 2005 The Chief Executives of all Private Sector Banks Dear Sir, Calendar of reviews – Matters to be placed before Board of Directors, Management Committee and Audit Committee Please refer to our circular DBOD.No.BP.BC.96/21.03.038/2004-05 dated June 10, 2005 (copy enclosed), addressed by us to the Chairmen of public sector banks indicating a revised list of reviews to be placed before the Board of Directors
RBI/2005-06/72 DBOD.No.PSBD.BC. 19/16.13.100/2005-06 July 22, 2005 The Chief Executives of all Private Sector Banks Dear Sir, Calendar of reviews – Matters to be placed before Board of Directors, Management Committee and Audit Committee Please refer to our circular DBOD.No.BP.BC.96/21.03.038/2004-05 dated June 10, 2005 (copy enclosed), addressed by us to the Chairmen of public sector banks indicating a revised list of reviews to be placed before the Board of Directors
ଜୁଲାଇ 20, 2005
Internet Banking in India - Guidelines
RBI/2005-06/71 DBOD No. Comp.BC.14/07.03.29/2005-06 July 20, 2005All Scheduled Commercial BanksDear Sir Internet Banking in India – Guidelines Please refer to our circular DBOD No.Comp.BC.130/07.03.23/2000-01 dated June 14, 2001 in terms of which banks were advised to seek prior approval of Reserve Bank of India before offering transactional services on the Internet. The position has since been reviewed and banks are advised that while the offering of Internet Banking
RBI/2005-06/71 DBOD No. Comp.BC.14/07.03.29/2005-06 July 20, 2005All Scheduled Commercial BanksDear Sir Internet Banking in India – Guidelines Please refer to our circular DBOD No.Comp.BC.130/07.03.23/2000-01 dated June 14, 2001 in terms of which banks were advised to seek prior approval of Reserve Bank of India before offering transactional services on the Internet. The position has since been reviewed and banks are advised that while the offering of Internet Banking
ଜୁଲାଇ 13, 2005
Guidelines on purchase/sale of Non Performing Assets
RBI/2005-06/54 DBOD.NO.BP. BC. 16 / 21.04.048/ 2005-06 13 July 2005 All Commercial Banks (excluding RRBs) All India Term Lending and Refinancing Institutions All Non Banking Financial Companies (including RNBCs) Dear Sir, Guidelines on purchase/sale of Non Performing Assets In order to increase the options available to banks for resolving their non performing assets and to develop a healthy secondary market for non-performing assets, where securitisation companies and
RBI/2005-06/54 DBOD.NO.BP. BC. 16 / 21.04.048/ 2005-06 13 July 2005 All Commercial Banks (excluding RRBs) All India Term Lending and Refinancing Institutions All Non Banking Financial Companies (including RNBCs) Dear Sir, Guidelines on purchase/sale of Non Performing Assets In order to increase the options available to banks for resolving their non performing assets and to develop a healthy secondary market for non-performing assets, where securitisation companies and
ଜୁନ 29, 2005
Exposure to Real Estate Sector
Ref. RBI/2004-05/ 503 DBS.CO.PP.BC 21 /11.01.005/2004-05 June 29, 2005 The Chief Executives All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Exposure to Real Estate Sector The position relating to risk management, reporting requirements and balance sheet disclosures in respect of real estate exposure of banks has been reviewed and the following instructions are being issued for the guidance of banks. 1. Risk Management System In view of the growing need for p
Ref. RBI/2004-05/ 503 DBS.CO.PP.BC 21 /11.01.005/2004-05 June 29, 2005 The Chief Executives All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Exposure to Real Estate Sector The position relating to risk management, reporting requirements and balance sheet disclosures in respect of real estate exposure of banks has been reviewed and the following instructions are being issued for the guidance of banks. 1. Risk Management System In view of the growing need for p
ଜୁନ 25, 2005
Section 20 of the Banking Regulation Act, 1949 - Line of credit / overdraft facility to National Securities Clearing Corporation Ltd. (NSCCL)
RBI//2004-05/501 DBOD.No.Leg.BC.98/09.11.013/2004-05 June 24, 2005 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 20 of the Banking Regulation Act, 1949 – Line of credit / overdraft facility to National Securities Clearing Corporation Ltd. (NSCCL) Please refer to Para 1.2.4 of our Master Circular DBOD.No.DIr.BC.20/ 13.03.00/2004-05 dated July 30, 2004 on Loans and Advances – Statutory and Other restrictions, wherein it was advised that for the pu
RBI//2004-05/501 DBOD.No.Leg.BC.98/09.11.013/2004-05 June 24, 2005 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 20 of the Banking Regulation Act, 1949 – Line of credit / overdraft facility to National Securities Clearing Corporation Ltd. (NSCCL) Please refer to Para 1.2.4 of our Master Circular DBOD.No.DIr.BC.20/ 13.03.00/2004-05 dated July 30, 2004 on Loans and Advances – Statutory and Other restrictions, wherein it was advised that for the pu
ଜୁନ 10, 2005
Revised Calendar of Reviews
RBI/2004-05/488 DBOD.No.BP.BC. 96/21.03.038/2004-05 June 10, 2005 The Chief Executives of All Public Sector Banks Dear Sir, Revised Calendar of Reviews Please refer to our circularDBOD.No.BP.BC. 3/21.03.038/2000 dated July 14, 2000 advising Calendar of Reviews to be submitted to the Board and Management Committee of the bank. 2. In view of reports of increasing burden on Boards of banks on account of the calendar of reviews to be undertaken by them and to ensure that
RBI/2004-05/488 DBOD.No.BP.BC. 96/21.03.038/2004-05 June 10, 2005 The Chief Executives of All Public Sector Banks Dear Sir, Revised Calendar of Reviews Please refer to our circularDBOD.No.BP.BC. 3/21.03.038/2000 dated July 14, 2000 advising Calendar of Reviews to be submitted to the Board and Management Committee of the bank. 2. In view of reports of increasing burden on Boards of banks on account of the calendar of reviews to be undertaken by them and to ensure that
ଜୁନ 09, 2005
Procedure for settlement of claims relating to Deceased Depositors Simplified
RBI/2004-05/490 DBOD.No.Leg. BC.95 /09.07.005/2004-05 June 09, 2005To The Chairman/CEOs of All the Scheduled Commercial Banks (Excluding RRBs)Dear Sir, Settlement of claims in respect of deceased depositors – Simplification of Procedure Pursuant to the announcement in the Mid-Term Review of the Annual Policy of the RBI on November 3, 2003, the Committee on Procedure and Performance Audit on Public Services (CPPAPS) was constituted by the RBI with a view to improving t
RBI/2004-05/490 DBOD.No.Leg. BC.95 /09.07.005/2004-05 June 09, 2005To The Chairman/CEOs of All the Scheduled Commercial Banks (Excluding RRBs)Dear Sir, Settlement of claims in respect of deceased depositors – Simplification of Procedure Pursuant to the announcement in the Mid-Term Review of the Annual Policy of the RBI on November 3, 2003, the Committee on Procedure and Performance Audit on Public Services (CPPAPS) was constituted by the RBI with a view to improving t
ଜୁନ 07, 2005
Financing of acquisition of equity in overseas companies
RBI/2004-05/486 DBOD. Dir.No.BC.93 /13.07.05/2004-05 June 7, 2005 The Chairman and Managing Directors/Chief Executive Officers of All Scheduled Commercial Banks ( Excluding RRBs and LABs) Dear Sir, Financing of acquisition of equity in overseas companies Please refer to our Master Circular No. DBOD. Dir.BC.90/13.07.05/98 dated August 28, 1998 on bank finance against shares and debentures. In terms of para 8 of the circular promoters’ contribution towards the equity ca
RBI/2004-05/486 DBOD. Dir.No.BC.93 /13.07.05/2004-05 June 7, 2005 The Chairman and Managing Directors/Chief Executive Officers of All Scheduled Commercial Banks ( Excluding RRBs and LABs) Dear Sir, Financing of acquisition of equity in overseas companies Please refer to our Master Circular No. DBOD. Dir.BC.90/13.07.05/98 dated August 28, 1998 on bank finance against shares and debentures. In terms of para 8 of the circular promoters’ contribution towards the equity ca
ମଇ 20, 2005
Interest rate derivatives
RBI/2004-05/473 DBOD.No.BP.BC. 91/21.04.157/2004-05 May 20, 2005 To All Scheduled Commercial Banks/PDs/AIFIs Interest rate derivatives Please refer to the guidelines for interest rate derivatives circulated vide letter No.MPD.BC.187/07.01.279/1999-2000 dated July 7, 1999 whereby banks / FIs and PDs were enabled to use Forward Rate Agreements (FRA) and Interest Rate Swaps (IRS) in order to manage and control risks arising from deregulation of interest rates. These inst
RBI/2004-05/473 DBOD.No.BP.BC. 91/21.04.157/2004-05 May 20, 2005 To All Scheduled Commercial Banks/PDs/AIFIs Interest rate derivatives Please refer to the guidelines for interest rate derivatives circulated vide letter No.MPD.BC.187/07.01.279/1999-2000 dated July 7, 1999 whereby banks / FIs and PDs were enabled to use Forward Rate Agreements (FRA) and Interest Rate Swaps (IRS) in order to manage and control risks arising from deregulation of interest rates. These inst
ମଇ 11, 2005
Guidelines for merger /amalgamation of private sector banks
RBI/2004-05/462 Ref.DBOD.No.PSBS.BC. 89/16.13.100/2004-05 May 11, 2005 All Scheduled Commercial Banks Dear Sirs Guidelines for merger /amalgamation of private sector banks Reserve Bank of India had constituted, on the recommendations of the Joint Parliamentary Committee (2002), a Working Group to evolve guidelines for voluntary mergers involving banking companies. Based on the recommendations of the Group, the guidelines laying down the process of merger proposal, det
RBI/2004-05/462 Ref.DBOD.No.PSBS.BC. 89/16.13.100/2004-05 May 11, 2005 All Scheduled Commercial Banks Dear Sirs Guidelines for merger /amalgamation of private sector banks Reserve Bank of India had constituted, on the recommendations of the Joint Parliamentary Committee (2002), a Working Group to evolve guidelines for voluntary mergers involving banking companies. Based on the recommendations of the Group, the guidelines laying down the process of merger proposal, det
ମଇ 04, 2005
Declaration of dividends by banks
RBI/2004-05/451 DBOD.NO.BP.BC. 88 / 21.02.067 / 2004-05 May 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Declaration of dividends by banks The policy approach adopted by the Reserve Bank with regard to payment of dividends by banks was reviewed in consultation with the Standing Technical Advisory Committee on Financial Regulation and the regulatory focus was shifted from the ‘quantum of dividend’ to the ‘dividend payout ratio’ in terms of our guidel
RBI/2004-05/451 DBOD.NO.BP.BC. 88 / 21.02.067 / 2004-05 May 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Declaration of dividends by banks The policy approach adopted by the Reserve Bank with regard to payment of dividends by banks was reviewed in consultation with the Standing Technical Advisory Committee on Financial Regulation and the regulatory focus was shifted from the ‘quantum of dividend’ to the ‘dividend payout ratio’ in terms of our guidel
ମଇ 04, 2005
Supervisory Reporting System - Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Time for Filing the Returns
RBI/2004-05/454 DBS. CO. OSMOS. BC. No. 20 /33.01.001/2004-05 May 04, 2005 To Chairmen/Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Time for Filing the Returns As you aware, pursuant to the new supervision approach approved by the Board for Financial Supervision (BFS), an off-site monitoring and surveillance (OSMOS) system comprising a set of
RBI/2004-05/454 DBS. CO. OSMOS. BC. No. 20 /33.01.001/2004-05 May 04, 2005 To Chairmen/Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Time for Filing the Returns As you aware, pursuant to the new supervision approach approved by the Board for Financial Supervision (BFS), an off-site monitoring and surveillance (OSMOS) system comprising a set of
ମଇ 02, 2005
Relaxation to trade and industry in the State of Jammu and Kashmir
RBI/2004-05/450 DBOD.BP.BC. 87 /21.04.012/ 2004-05 2 May 2005 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.77/21.04.012/2003-2004 dated 21st April 2004 extending the period of concessions/credit relaxations to borrowers/customers in Jammu and Kashmir up to 31 March 2005. It has been decided that the concessions/credit relaxations t
RBI/2004-05/450 DBOD.BP.BC. 87 /21.04.012/ 2004-05 2 May 2005 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.77/21.04.012/2003-2004 dated 21st April 2004 extending the period of concessions/credit relaxations to borrowers/customers in Jammu and Kashmir up to 31 March 2005. It has been decided that the concessions/credit relaxations t
ଅପ୍ରେଲ 30, 2005
Capital Adequacy - Investment Fluctuation Reserve
RBI / 2004-05/448 DBOD. No. BP. BC. 85 / 21.04.141 / 2004-05 April 30, 2005 All Commercial Banks ( excluding RRBs) Dear Sir, Capital Adequacy - Investment Fluctuation Reserve In terms of prevailing instructions, banks are required to build up Investment Fluctuation Reserve (IFR) of a minimum 5 per cent of investments in 'Held for Trading' (HFT) and 'Available for Sale' (AFS) categories within a period of 5 years, i.e., by March 31, 2006. The IFR is eligible for inclus
RBI / 2004-05/448 DBOD. No. BP. BC. 85 / 21.04.141 / 2004-05 April 30, 2005 All Commercial Banks ( excluding RRBs) Dear Sir, Capital Adequacy - Investment Fluctuation Reserve In terms of prevailing instructions, banks are required to build up Investment Fluctuation Reserve (IFR) of a minimum 5 per cent of investments in 'Held for Trading' (HFT) and 'Available for Sale' (AFS) categories within a period of 5 years, i.e., by March 31, 2006. The IFR is eligible for inclus
ଅପ୍ରେଲ 30, 2005
Section 23 of the Banking Regulation Act, 1949 - Door-step banking
RBI/2004-05/449DBOD.No.BL.BC.86/22.01.001/2004-05 April 30, 2005 Vaishakha 10, 1927 (S)All scheduled commercial banks. (Excluding RRBs) Dear Sir,Section 23 of the Banking Regulation Act, 1949 - Door-step bankingPlease refer to our circular DBOD.No.BL.BC.42/C-168-83 dated May 24, 1983 (copy enclosed), wherein banks were advised not to extend any banking facilities at the premises of their customers, without obtaining the required permission from Reserve Bank of India.
RBI/2004-05/449DBOD.No.BL.BC.86/22.01.001/2004-05 April 30, 2005 Vaishakha 10, 1927 (S)All scheduled commercial banks. (Excluding RRBs) Dear Sir,Section 23 of the Banking Regulation Act, 1949 - Door-step bankingPlease refer to our circular DBOD.No.BL.BC.42/C-168-83 dated May 24, 1983 (copy enclosed), wherein banks were advised not to extend any banking facilities at the premises of their customers, without obtaining the required permission from Reserve Bank of India.
ଅପ୍ରେଲ 29, 2005
Rupee Export Credit Interest Rates
RBI / 2004-05/ 443DBOD.Dir (Exp). No.83 / 04.02.01/ 2004-05 April 29, 2005 The Chairmen / Chief Executives of all Commercial Banks Dear Sir Rupee Export Credit Interest Rates Please refer to our circular IECD. No. 10 / 04.02.01 / 2003-04 dated April 24, 2004 on the captioned subject. 2. The validity of the interest rates on rupee export credit indicated in the above circular would now remain in force upto October 31, 2005. In this connection, you may als
RBI / 2004-05/ 443DBOD.Dir (Exp). No.83 / 04.02.01/ 2004-05 April 29, 2005 The Chairmen / Chief Executives of all Commercial Banks Dear Sir Rupee Export Credit Interest Rates Please refer to our circular IECD. No. 10 / 04.02.01 / 2003-04 dated April 24, 2004 on the captioned subject. 2. The validity of the interest rates on rupee export credit indicated in the above circular would now remain in force upto October 31, 2005. In this connection, you may als
ଅପ୍ରେଲ 27, 2005
Limited Off-site Supervision of select Financial Institutions - Simplified Information System
RBI/2004-05/437 Ref. DBS. FIMD. No. C-10 /10.06.00 / 2004-05 April 27, 2005 The CEOs of: 1. Industrial Investment Bank of India Limited 2. Tourism Finance Corporation of India Limited 3. Infrastructure Development Finance Company Limited Dear Sir Limited Off-site Supervision of select Financial Institutions – Simplified Information System Please refer to our Circular letter DBS.FID.No. C-7 / 10.06.00 / 2001-2002 dated October 20, 2001 regarding revision of the prudent
RBI/2004-05/437 Ref. DBS. FIMD. No. C-10 /10.06.00 / 2004-05 April 27, 2005 The CEOs of: 1. Industrial Investment Bank of India Limited 2. Tourism Finance Corporation of India Limited 3. Infrastructure Development Finance Company Limited Dear Sir Limited Off-site Supervision of select Financial Institutions – Simplified Information System Please refer to our Circular letter DBS.FID.No. C-7 / 10.06.00 / 2001-2002 dated October 20, 2001 regarding revision of the prudent
ଅପ୍ରେଲ 27, 2005
Section 23 of Banking Regulation Act, 1949 - Shifting of branches/offices - Procedural Rationalisation
RBI/2004-05/438 DBOD.No.BL.BC.82/22.01.001/2004-05 April 27, 2005 Vaishakha 7, 1927 (S) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 23 of Banking Regulation Act, 1949 – Shifting of branches/offices – Procedural Rationalisation Please refer to paragraph 3 of our Master Circular No.DBOD.BL.BC.5/22.01.001 dated 8th July 2004 on branch licensing. It will be observed there from that banks have been given freedom to shift their branches within the muni
RBI/2004-05/438 DBOD.No.BL.BC.82/22.01.001/2004-05 April 27, 2005 Vaishakha 7, 1927 (S) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 23 of Banking Regulation Act, 1949 – Shifting of branches/offices – Procedural Rationalisation Please refer to paragraph 3 of our Master Circular No.DBOD.BL.BC.5/22.01.001 dated 8th July 2004 on branch licensing. It will be observed there from that banks have been given freedom to shift their branches within the muni
ଅପ୍ରେଲ 26, 2005
Disclosures on Risk Exposures in Derivatives - DBOD.FID. FIC-1
RBI/2004-05/436 DBOD.No.FID.FIC- 1 /01.02.00/2004-05 April, 26 2005 To The CEOs of the all-India Term Lending and Refinancing Institutions (Exim Bank, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Disclosures on Risk Exposures in Derivatives - DBOD.FID. FIC-1 The Reserve Bank has been periodically reviewing the prudential disclosures made by FI's as a part of the Notes on Accounts to the Balance Sheets. Best international practices requi
RBI/2004-05/436 DBOD.No.FID.FIC- 1 /01.02.00/2004-05 April, 26 2005 To The CEOs of the all-India Term Lending and Refinancing Institutions (Exim Bank, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Disclosures on Risk Exposures in Derivatives - DBOD.FID. FIC-1 The Reserve Bank has been periodically reviewing the prudential disclosures made by FI's as a part of the Notes on Accounts to the Balance Sheets. Best international practices requi
ଅପ୍ରେଲ 20, 2005
Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934- Sumitomo Mitsui Banking Corporation
RBI / 2004-05 / 426 DBOD.Ret.BC.No. 80 /12.06.112/2004-05 April 20, 2005 All Scheduled Commercial Banks Dear Sir, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934- Sumitomo Mitsui Banking Corporation We advise that the name of "Sumitomo Mitsui Banking Corporation" has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from March 19, 2005, i.e. the date on which the relative notification DBOD.No.IBS.1186/2
RBI / 2004-05 / 426 DBOD.Ret.BC.No. 80 /12.06.112/2004-05 April 20, 2005 All Scheduled Commercial Banks Dear Sir, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934- Sumitomo Mitsui Banking Corporation We advise that the name of "Sumitomo Mitsui Banking Corporation" has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from March 19, 2005, i.e. the date on which the relative notification DBOD.No.IBS.1186/2
ଅପ୍ରେଲ 19, 2005
Role of the Customer Service Committee of the Board - Monitoring the implementation of awards under the Banking Ombudsman Scheme
RBI/2004-05/425 DBOD.No.Leg.BC.79 /09.07.005/2004-05 April 19, 2005 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Role of the Customer Service Committee of the Board - Monitoring the implementation of awards under the Banking Ombudsman Scheme Please refer to the Governor's D.O. letter dated August 14, 2004 addressed to Public Sector Banks / Private Sector Banks and Governor's letter dated August 26, 2004 addressed to select Foreign Banks regarding const
RBI/2004-05/425 DBOD.No.Leg.BC.79 /09.07.005/2004-05 April 19, 2005 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Role of the Customer Service Committee of the Board - Monitoring the implementation of awards under the Banking Ombudsman Scheme Please refer to the Governor's D.O. letter dated August 14, 2004 addressed to Public Sector Banks / Private Sector Banks and Governor's letter dated August 26, 2004 addressed to select Foreign Banks regarding const
ଅପ୍ରେଲ 16, 2005
Committee on Procedures and Performance Audit of Public Services (CPPAPS) - Standing Committee on Customer Service
RBI/2004-05/424 DBOD.No.Leg.BC. 78 /09.07.005/2004-05 April 16, 2005 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Committee on Procedures and Performance Audit of Public Services (CPPAPS) - Standing Committee on Customer Service Please refer to our Circular DBOD.No.Leg.BC.60/09.07.005/2003-04 dated December 27, 2003 wherein the banks were advised to constitute an Ad hoc Committee to undertake procedures and performance audit on public services rendered
RBI/2004-05/424 DBOD.No.Leg.BC. 78 /09.07.005/2004-05 April 16, 2005 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Committee on Procedures and Performance Audit of Public Services (CPPAPS) - Standing Committee on Customer Service Please refer to our Circular DBOD.No.Leg.BC.60/09.07.005/2003-04 dated December 27, 2003 wherein the banks were advised to constitute an Ad hoc Committee to undertake procedures and performance audit on public services rendered
ଅପ୍ରେଲ 15, 2005
Operational Risk Management - Business Continuity Planning
Ref.RBI/2004-05/420 DBS.CO.IS Audit.No. 19/31.02.03/2004-05 April 15, 2005 To All Chairmen / Managing Directors / Chief Executive Officers of all Scheduled Commercial Banks Dear Sir, Operational Risk Management - Business Continuity Planning In the backdrop of growing complexity of financial products and the increased leveraging of technology and its heightened sophistication, operational risks have assumed critical importance in recent times. The treatment of operati
Ref.RBI/2004-05/420 DBS.CO.IS Audit.No. 19/31.02.03/2004-05 April 15, 2005 To All Chairmen / Managing Directors / Chief Executive Officers of all Scheduled Commercial Banks Dear Sir, Operational Risk Management - Business Continuity Planning In the backdrop of growing complexity of financial products and the increased leveraging of technology and its heightened sophistication, operational risks have assumed critical importance in recent times. The treatment of operati
ମାର୍ଚ୍ଚ 22, 2005
Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934- The Global Trust Bank Limited
RBI / 2004-05 / 399 DBOD.Ret.BC.No. 77/12.06.092/2004-05 March 22, 2005 All Scheduled Commercial Banks Dear Sirs, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934- The Global Trust Bank Limited We advise that the name of "The Global Trust Bank Ltd" has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from November 20, 2004, i.e. the date on which the relative notification DBOD.No.PSBS.BC.42/16.01.129/20
RBI / 2004-05 / 399 DBOD.Ret.BC.No. 77/12.06.092/2004-05 March 22, 2005 All Scheduled Commercial Banks Dear Sirs, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934- The Global Trust Bank Limited We advise that the name of "The Global Trust Bank Ltd" has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from November 20, 2004, i.e. the date on which the relative notification DBOD.No.PSBS.BC.42/16.01.129/20
ମାର୍ଚ୍ଚ 15, 2005
Guidelines on compliance with Accounting Standard (AS) 11(revised 2003) ‘The Effects of Changes in Foreign Exchange Rates’
RBI /2004-05/395 DBOD No.BP.BC.76 /21.04.018/2004-05 March 15, 2005 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’ As you are aware, Accounting Standard (AS) 11, ‘The Effects of Changes in Foreign Exchange Rates’ (revised 2003) issued by the Institute of Chartered Accountants of India (ICAI), has come into effect in respect of accounting p
RBI /2004-05/395 DBOD No.BP.BC.76 /21.04.018/2004-05 March 15, 2005 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’ As you are aware, Accounting Standard (AS) 11, ‘The Effects of Changes in Foreign Exchange Rates’ (revised 2003) issued by the Institute of Chartered Accountants of India (ICAI), has come into effect in respect of accounting p
ମାର୍ଚ୍ଚ 04, 2005
Gold Card Scheme for Exporters
RBI/ 2004-05/ 386 DBOD. Dir (Exp). No. 73 / 04.02.02/ Gold Card/ 2004-05 March 04, 2005 The Chairman/ Chief Executive of all Commercial banks Dear Sir Gold Card Scheme for Exporters Please refer to our circular IECD. No.12/ 04.02.02/ Gold Card/ 2004-05 dated 18th May 2004 regarding the Gold Card Scheme for Exporters. The paragraph 3.1.3 may be amended to read as follows: 'The Scheme may not be applicable to those exporters who are blacklisted by ECGC or included in RB
RBI/ 2004-05/ 386 DBOD. Dir (Exp). No. 73 / 04.02.02/ Gold Card/ 2004-05 March 04, 2005 The Chairman/ Chief Executive of all Commercial banks Dear Sir Gold Card Scheme for Exporters Please refer to our circular IECD. No.12/ 04.02.02/ Gold Card/ 2004-05 dated 18th May 2004 regarding the Gold Card Scheme for Exporters. The paragraph 3.1.3 may be amended to read as follows: 'The Scheme may not be applicable to those exporters who are blacklisted by ECGC or included in RB
ମାର୍ଚ୍ଚ 03, 2005
Disclosures on risk exposures in derivatives
RBI/ 2004-05/ 383 DBOD.No.BP.BC. 72/21.04.018/2004-05 March 3, 2005 To Chairmen / CEOs of all Scheduled Commercial Banks (excluding RRBs) Dear Sir, Disclosures on risk exposures in derivatives The Reserve Bank has been periodically reviewing the prudential disclosures made by banks as a part of the Notes on Accounts to the Balance Sheets. Best international practices require meaningful and appropriate disclosures of banks' exposures to risk and their strategy towards
RBI/ 2004-05/ 383 DBOD.No.BP.BC. 72/21.04.018/2004-05 March 3, 2005 To Chairmen / CEOs of all Scheduled Commercial Banks (excluding RRBs) Dear Sir, Disclosures on risk exposures in derivatives The Reserve Bank has been periodically reviewing the prudential disclosures made by banks as a part of the Notes on Accounts to the Balance Sheets. Best international practices require meaningful and appropriate disclosures of banks' exposures to risk and their strategy towards
ଫେବୃଆରୀ 28, 2005
Roadmap for presence of Foreign Banks in India and Ownership and Governance in Private Sector banks
RBI/2004-05/377 DBOD.No.BP.BC.71/21.01.01/2004-05 February 28, 2005 To The Chairmen and Chief Executive Officers, all Scheduled Commercial Banks Dear Sir, Roadmap for presence of Foreign Banks in India and Ownership and Governance in Private Sector banks Reserve Bank of India has today released a Roadmap for presence of Foreign Banks in India and Guidelines on Ownership and Governance in Private Sector banks. These documents are enclosed for guidance of all concerned.
RBI/2004-05/377 DBOD.No.BP.BC.71/21.01.01/2004-05 February 28, 2005 To The Chairmen and Chief Executive Officers, all Scheduled Commercial Banks Dear Sir, Roadmap for presence of Foreign Banks in India and Ownership and Governance in Private Sector banks Reserve Bank of India has today released a Roadmap for presence of Foreign Banks in India and Guidelines on Ownership and Governance in Private Sector banks. These documents are enclosed for guidance of all concerned.
ଫେବୃଆରୀ 15, 2005
Implementation of the New Capital Adequacy Framework
DBOD.No.BP.1163 /21.04.118/2004-05 February 15, 2005 Click here to Download PDF To The Chairmen of all Scheduled Commercial Banks Dear Sir,Prudential Guidelines on Capital Adequacy- Implementation of the New Capital Adequacy Framework The Basel Committee on Banking Supervision (BCBS) has released the document, 'International Convergence of Capital Measurement and Capital Standards: A Revised Framework' on June 26, 2004. The revised Framework has been designed to provi
DBOD.No.BP.1163 /21.04.118/2004-05 February 15, 2005 Click here to Download PDF To The Chairmen of all Scheduled Commercial Banks Dear Sir,Prudential Guidelines on Capital Adequacy- Implementation of the New Capital Adequacy Framework The Basel Committee on Banking Supervision (BCBS) has released the document, 'International Convergence of Capital Measurement and Capital Standards: A Revised Framework' on June 26, 2004. The revised Framework has been designed to provi
ଫେବୃଆରୀ 11, 2005
FI's to obtain Certificates / authentication from Statutory Central Auditors
RBI / 2004-05 / 362 Ref.No.DBS. FID. No. C - 9 /01.02.00/2004-05 11 February, 2005 The CEOs of the all-India Term-lending and Refinancing Institutions (Exim Bank, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Certificates / authentication to be obtained from the Statutory Central auditors of Financial Institutions- FID. No. C - 9 Please refer to the instructions issued by us to the financial institutions from time to time on: (i) Investm
RBI / 2004-05 / 362 Ref.No.DBS. FID. No. C - 9 /01.02.00/2004-05 11 February, 2005 The CEOs of the all-India Term-lending and Refinancing Institutions (Exim Bank, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Certificates / authentication to be obtained from the Statutory Central auditors of Financial Institutions- FID. No. C - 9 Please refer to the instructions issued by us to the financial institutions from time to time on: (i) Investm
ଫେବୃଆରୀ 04, 2005
Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934 -"JP Morgan Chase Bank" to "JP Morgan Chase Bank, National Association"
RBI / 2004-05 / 358 DBOD.Ret.BC.No. 70 /12.06.090/2004-05 February 04, 2005 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934 -"JP Morgan Chase Bank" to "JP Morgan Chase Bank, National Association" We advise that the name of "JP Morgan Chase Bank" has been changed to "JP Morgan Chase Bank, National Association" in the Second Schedule to the Reserve Bank of India Act, 1934 with effect fr
RBI / 2004-05 / 358 DBOD.Ret.BC.No. 70 /12.06.090/2004-05 February 04, 2005 All Scheduled Commercial Banks Dear Sir Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934 -"JP Morgan Chase Bank" to "JP Morgan Chase Bank, National Association" We advise that the name of "JP Morgan Chase Bank" has been changed to "JP Morgan Chase Bank, National Association" in the Second Schedule to the Reserve Bank of India Act, 1934 with effect fr
ଫେବୃଆରୀ 01, 2005
Implementation of Risk-based internal audit (RBIA) in banks
Ref. RBI 2004-05 /356 DBS.CO.PP.BC. 17/11.01.005/2004-05 February 1, 2005 All Scheduled Commercial Banks (Except Regional Rural Banks) Dear Sirs, Implementation of Risk-based internal audit (RBIA) in banks As you would recall the guidelines relating to risk-based internal audit were issued by us on December 27, 2002 vide our letter DBS.CO.PP.BC.10 /11.01.005/2002-03. A review of the implementation of the risk-based internal audit in various banks has revealed that the
Ref. RBI 2004-05 /356 DBS.CO.PP.BC. 17/11.01.005/2004-05 February 1, 2005 All Scheduled Commercial Banks (Except Regional Rural Banks) Dear Sirs, Implementation of Risk-based internal audit (RBIA) in banks As you would recall the guidelines relating to risk-based internal audit were issued by us on December 27, 2002 vide our letter DBS.CO.PP.BC.10 /11.01.005/2002-03. A review of the implementation of the risk-based internal audit in various banks has revealed that the
ଜାନୁଆରୀ 31, 2005
Advances against units of debt-oriented Mutual Funds
RBI/2004-05/353 DBOD. No. Dir. BC. 69/13.07.05/2004-05 January 31, 2005 All Commercial Banks (excluding RRBs) Dear Sir, Advances against units of debt-oriented Mutual Funds Please refer to paragraph 3.4.3 of our Master Circular DBOD.No.Dir.BC.14/13.03.00/2004-05 dated July 21, 2004 on Exposure Norms in terms of which banks have been advised to apply the same quantum and margin for granting loans/ advances against the units of mutual funds including units of US-64 sche
RBI/2004-05/353 DBOD. No. Dir. BC. 69/13.07.05/2004-05 January 31, 2005 All Commercial Banks (excluding RRBs) Dear Sir, Advances against units of debt-oriented Mutual Funds Please refer to paragraph 3.4.3 of our Master Circular DBOD.No.Dir.BC.14/13.03.00/2004-05 dated July 21, 2004 on Exposure Norms in terms of which banks have been advised to apply the same quantum and margin for granting loans/ advances against the units of mutual funds including units of US-64 sche
ଜାନୁଆରୀ 19, 2005
Banks need not send safe custody certificate for specimen signatures to RBI
RBI No. 349 /2005 Ref. DBS.CO.PP.BC 16 /11.01.005/2004-05 January 19, 2005 The Chief Executives All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Inspection of banks- Set of Specimen signatures - Safe custody certificate Please refer to our circular no. DBOD.Prog.BC.124/C-283 (A)-84 dated December 19, 1984 on the captioned subject. As you are aware, Regional Offices of Department of Banking Supervision (DBS) of the Reserve Bank of India are supplying sets of s
RBI No. 349 /2005 Ref. DBS.CO.PP.BC 16 /11.01.005/2004-05 January 19, 2005 The Chief Executives All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Inspection of banks- Set of Specimen signatures - Safe custody certificate Please refer to our circular no. DBOD.Prog.BC.124/C-283 (A)-84 dated December 19, 1984 on the captioned subject. As you are aware, Regional Offices of Department of Banking Supervision (DBS) of the Reserve Bank of India are supplying sets of s
ଜାନୁଆରୀ 04, 2005
Receipt of Foreign Contribution under FC(R) Act : SCBs
RBI/2004-05/327 DBOD.No. AML.BC. 67/14.01.055/2004-05 January 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Receipt of foreign contributions by Associations/organizations in India Under Foreign Contribution(Regulation) Act, 1976 Please refer to our circular DBOD.No.BP.BC.118/21.01.023/99 dated November 2, 1999 advising banks to ensure compliance with the various provisions of Foreign Contribution (Regulation) Act, 1976 in connection with the foreign
RBI/2004-05/327 DBOD.No. AML.BC. 67/14.01.055/2004-05 January 04, 2005 All scheduled commercial banks (except RRBs) Dear Sir, Receipt of foreign contributions by Associations/organizations in India Under Foreign Contribution(Regulation) Act, 1976 Please refer to our circular DBOD.No.BP.BC.118/21.01.023/99 dated November 2, 1999 advising banks to ensure compliance with the various provisions of Foreign Contribution (Regulation) Act, 1976 in connection with the foreign
ଡିସେମ୍ବର 31, 2004
Foreign Currency loans to Exporters-Periodicity of charging interest
RBI / 2004-05/ 324 DBOD. IECS. No. 66 / 04.02.02/ 2004-05 December 31, 2004 The Chairman / Chief Executives of all Commercial Banks Dear Sir Foreign Currency loans to Exporters-Periodicity of charging interest Please refer to paragraph (b) of our circular IECD. No. EFD.30/ 04.02.15/ 93-94 dated February 28, 1994 and also paragraph 1.1.5 (iv) of our Master Circular dated September 1, 2004 on Export Credit in Foreign Currency. We advise that the paragraphs may be amende
RBI / 2004-05/ 324 DBOD. IECS. No. 66 / 04.02.02/ 2004-05 December 31, 2004 The Chairman / Chief Executives of all Commercial Banks Dear Sir Foreign Currency loans to Exporters-Periodicity of charging interest Please refer to paragraph (b) of our circular IECD. No. EFD.30/ 04.02.15/ 93-94 dated February 28, 1994 and also paragraph 1.1.5 (iv) of our Master Circular dated September 1, 2004 on Export Credit in Foreign Currency. We advise that the paragraphs may be amende
ଡିସେମ୍ବର 30, 2004
Rationalisation of returns submitted by banks to RBI
Ref. RBI.No. 323 - 2004 DBS.CO.PP.BC. 12 /11.01.005/2004-05 December 30, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear sir, Reducing burden on banks- Rationalisation of returns submitted by banks to RBI Banks are required to submit a number of Returns / Statements to Reserve Bank of India, under various statutory / regulatory obligations at different points of time during a year. Several such returns are submitted to the Department of Banking Supervision (
Ref. RBI.No. 323 - 2004 DBS.CO.PP.BC. 12 /11.01.005/2004-05 December 30, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear sir, Reducing burden on banks- Rationalisation of returns submitted by banks to RBI Banks are required to submit a number of Returns / Statements to Reserve Bank of India, under various statutory / regulatory obligations at different points of time during a year. Several such returns are submitted to the Department of Banking Supervision (
ଡିସେମ୍ବର 29, 2004
Contribution to Prime Minister's National Relief Fund (PMNRF)
RBI/2004/319 DBOD. No. Dir. BC.65 /13.01.01/2004-05 December 29, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister's National Relief Fund (PMNRF) In consultation with Prime Minister's Office and Indian Banks' Association (IBA), it has been decided that all the branches of commercial banks will receive donations and nominate a Nodal Branch in New Delhi for the purpose of collection of contribution to Prime Minister's National
RBI/2004/319 DBOD. No. Dir. BC.65 /13.01.01/2004-05 December 29, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Contribution to Prime Minister's National Relief Fund (PMNRF) In consultation with Prime Minister's Office and Indian Banks' Association (IBA), it has been decided that all the branches of commercial banks will receive donations and nominate a Nodal Branch in New Delhi for the purpose of collection of contribution to Prime Minister's National
ଡିସେମ୍ବର 28, 2004
Off-site Monitoring and Surveillance - Input Module Upgraded
RBI/2004-05/318 DBS. CO. OSMOS. BC. No. 11 /33.01.001/2004-05 December 28, 2004 To Chairmen / Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Changes in the Input Module Please refer to our circular DBS. CO. OSMOS. BC. No. 9 /33.01.001/2004-05 dated October 26, 2004 on the above subject. As you are aware, since the last revision of the OSMOS inpu
RBI/2004-05/318 DBS. CO. OSMOS. BC. No. 11 /33.01.001/2004-05 December 28, 2004 To Chairmen / Chief Executive Officers, All Scheduled Commercial Banks (excl. RRBs) Dear Sir, Supervisory Reporting System – Off-site Monitoring and Surveillance (OSMOS) - DSB Returns - Changes in the Input Module Please refer to our circular DBS. CO. OSMOS. BC. No. 9 /33.01.001/2004-05 dated October 26, 2004 on the above subject. As you are aware, since the last revision of the OSMOS inpu
ଡିସେମ୍ବର 27, 2004
Bank financing of equities and investments in shares
RBI/2004/317 DBOD.No. Dir.BC.64/13.07.05/2004-05 December 27, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Bank financing of equities and investments in shares Please refer to our Circular DBOD No. Dir. BC. 86/13.07.05/2003-04 dated May 18, 2004 in terms of which margin on all advances against shares/ financing of IPOs/ issue of guarantees was reduced from 50 per cent to 40 per cent and a minimum cash margin of 20 per cent (within the margin of 40 percent) was
RBI/2004/317 DBOD.No. Dir.BC.64/13.07.05/2004-05 December 27, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Bank financing of equities and investments in shares Please refer to our Circular DBOD No. Dir. BC. 86/13.07.05/2003-04 dated May 18, 2004 in terms of which margin on all advances against shares/ financing of IPOs/ issue of guarantees was reduced from 50 per cent to 40 per cent and a minimum cash margin of 20 per cent (within the margin of 40 percent) was
ଡିସେମ୍ବର 24, 2004
Bank finance to assist employees to buy shares of their own companies
RBI/2004-05/313DBOD. No. Dir. BC. 63/13.07.05/2004-05 December 24, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank finance to assist employees to buy shares of their own companies Please refer to our circular DBOD.No.Dir.BC.67/13.07.05/2003-04 dated February 6, 2004 in terms of which banks were advised that while extending finance to employees for purchasing shares of their own companies either under Employees Stock Option Plan (ESOP) or Initial Pu
RBI/2004-05/313DBOD. No. Dir. BC. 63/13.07.05/2004-05 December 24, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank finance to assist employees to buy shares of their own companies Please refer to our circular DBOD.No.Dir.BC.67/13.07.05/2003-04 dated February 6, 2004 in terms of which banks were advised that while extending finance to employees for purchasing shares of their own companies either under Employees Stock Option Plan (ESOP) or Initial Pu
ଡିସେମ୍ବର 23, 2004
Risk weight on housing loans and consumer credit
RBI No. 2004/ 309 DBOD. BP.BC. 61 / 21.01.002/ 2004-05 December 23, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Mid -Term Review of the Annual Policy Statement for the year 2004-05 Risk weight on housing loans and consumer credit Please refer to our Circular No. DBOD. BP. BC. 106/ 21.01.002/ 2001-02 dated May 24, 2002, wherein, the risk weights on housing loans extended by banks to individuals against mortgage of housing properties and investments in Mortgage
RBI No. 2004/ 309 DBOD. BP.BC. 61 / 21.01.002/ 2004-05 December 23, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Mid -Term Review of the Annual Policy Statement for the year 2004-05 Risk weight on housing loans and consumer credit Please refer to our Circular No. DBOD. BP. BC. 106/ 21.01.002/ 2001-02 dated May 24, 2002, wherein, the risk weights on housing loans extended by banks to individuals against mortgage of housing properties and investments in Mortgage
ଡିସେମ୍ବର 16, 2004
‘Fit and proper’ criteria for directors of banks
RBI/2004-2005/303 DBOD.No.BC. 60 /08.139.001/2004-2005 December 16, 2004 The Chairmen and Managing Directors/ Chief Executive Officers of banks in private sector Dear Sir, ‘Fit and proper’ criteria for directors of banks Please refer to our circular RBI/2004/268 dated June 25, 2004 on the above subject forwarding therewith RBI directive DBOD.No.BC.104/08.139.001/2003-04 dated June 25, 2004. 2. In partial modification of the instructions contained in para 1(iv) of the
RBI/2004-2005/303 DBOD.No.BC. 60 /08.139.001/2004-2005 December 16, 2004 The Chairmen and Managing Directors/ Chief Executive Officers of banks in private sector Dear Sir, ‘Fit and proper’ criteria for directors of banks Please refer to our circular RBI/2004/268 dated June 25, 2004 on the above subject forwarding therewith RBI directive DBOD.No.BC.104/08.139.001/2003-04 dated June 25, 2004. 2. In partial modification of the instructions contained in para 1(iv) of the
ଡିସେମ୍ବର 03, 2004
Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements
RBI/2004-05/291DBOD.No.Ret.BC.59/12.01.001/2004-05 December 3, 2004 All Scheduled Commercial Banks (Excluding Regional Rural Banks & Local Area Banks) Dear Sir Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements Please refer to our circular letter DBOD.No.Ret.BC.6/12.01.001/2003-04 dated July 23, 2003 advising banks that they can derive the benefit of netting of assets and liabilities in respect of their dealing with Standard Chartered - U
RBI/2004-05/291DBOD.No.Ret.BC.59/12.01.001/2004-05 December 3, 2004 All Scheduled Commercial Banks (Excluding Regional Rural Banks & Local Area Banks) Dear Sir Bank’s lending to Primary Dealers - Netting Concept for Reserve requirements Please refer to our circular letter DBOD.No.Ret.BC.6/12.01.001/2003-04 dated July 23, 2003 advising banks that they can derive the benefit of netting of assets and liabilities in respect of their dealing with Standard Chartered - U
ନଭେମ୍ବର 29, 2004
Know Your Customer (KYC) Guidelines - Anti Money Laundering Standards
RBI-2004-05/284DBOD.NO.AML.BC.58/14.01.001/2004-05November 29, 2004The Chief Executives of All Commercial BanksDear Sir, 'Know Your Customer' (KYC) Guidelines – Anti Money Laundering Standards Please refer to our circular DBOD. No. AML.BC.18/ 14.01.001/2002-2003 dated August 16, 2002 on the guidelines on 'Know Your Customer' norms. Banks were advised to follow certain customer identification procedure for opening of accounts and monitoring transactions of a suspicious
RBI-2004-05/284DBOD.NO.AML.BC.58/14.01.001/2004-05November 29, 2004The Chief Executives of All Commercial BanksDear Sir, 'Know Your Customer' (KYC) Guidelines – Anti Money Laundering Standards Please refer to our circular DBOD. No. AML.BC.18/ 14.01.001/2002-2003 dated August 16, 2002 on the guidelines on 'Know Your Customer' norms. Banks were advised to follow certain customer identification procedure for opening of accounts and monitoring transactions of a suspicious
ନଭେମ୍ବର 19, 2004
Banks permitted to Finance NBFCs against Second Hand Assets
RBI/273/2004-05DBOD.IECS.BC.No. 57 /08.12.01(N)/2004-05 November 19, 2004 All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Mid-Term Review of the Annual Policy Statement for the year 2004-05 – Bank Finance to NBFCs Please refer to para 6.1(vi) of our Circular No. RBI 2004-05/14.DBOD.IECS.No.7/08.12.01/2004-05 dated July 1, 2004 read with para 3.8 of our Circular No. RBI/2004-05/79. DBOD.Dir.BC.20/13.03.00/2004-05 dated July 30, 2004, in terms of whic
RBI/273/2004-05DBOD.IECS.BC.No. 57 /08.12.01(N)/2004-05 November 19, 2004 All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Mid-Term Review of the Annual Policy Statement for the year 2004-05 – Bank Finance to NBFCs Please refer to para 6.1(vi) of our Circular No. RBI 2004-05/14.DBOD.IECS.No.7/08.12.01/2004-05 dated July 1, 2004 read with para 3.8 of our Circular No. RBI/2004-05/79. DBOD.Dir.BC.20/13.03.00/2004-05 dated July 30, 2004, in terms of whic
ନଭେମ୍ବର 06, 2004
Banks/FIs advised to ensure Submission of Borrowal Accounts Data to CIBIL
RBI/2004-05/272DBOD No.DL.BC.56/20.16.002/2004-05 November 6, 2004 All Scheduled Commercial Banks (excluding RRBs) and Notified All-India Financial Institutions and State Financial Corporations Dear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05 -Dissemination of credit information by CIBIL Reserve Bank had issued instructions to banks and financial institutions (FIs) vide circulars DBOD No.DL.BC.29 and 70/20.16.002/2002-03 dated October 1, 2002
RBI/2004-05/272DBOD No.DL.BC.56/20.16.002/2004-05 November 6, 2004 All Scheduled Commercial Banks (excluding RRBs) and Notified All-India Financial Institutions and State Financial Corporations Dear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05 -Dissemination of credit information by CIBIL Reserve Bank had issued instructions to banks and financial institutions (FIs) vide circulars DBOD No.DL.BC.29 and 70/20.16.002/2002-03 dated October 1, 2002
ନଭେମ୍ବର 01, 2004
Banks Advised to Formulate their own Cheque Collection Policy
RBI/2004/261 DBOD.No.Leg.BC.55 /09.07.005/2004-05 November 1, 2004 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Committee on Procedures and Performance Audit on Public Services (CPPAPS)- Formulating policy for (i) Immediate Credit of local / outstation cheques (ii) Time Frame for Collection of local / outstation cheques and (iii) Interest Payment for delayed collection As you are aware, Reserve Bank has been issuing instructions, from time to time, to
RBI/2004/261 DBOD.No.Leg.BC.55 /09.07.005/2004-05 November 1, 2004 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Committee on Procedures and Performance Audit on Public Services (CPPAPS)- Formulating policy for (i) Immediate Credit of local / outstation cheques (ii) Time Frame for Collection of local / outstation cheques and (iii) Interest Payment for delayed collection As you are aware, Reserve Bank has been issuing instructions, from time to time, to
ନଭେମ୍ବର 01, 2004
SCBs Advised to fix Ceiling on Interest Rates on Monthly Basis
RBI/2004-05/ 255 DBOD No. Dir. BC. 51/13.03.00/2004-05 November 1, 2004 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Mid- term Review of Annual Policy Statement for the year 2004-05 – Foreign Currency Non-Resident (Banks) Accounts Please refer to the paragraph 72 of the statement on 'Mid-term Review of the Annual Policy Statement for the year 2004-05' enclosed to Governor’s letter MPD.No.256/ 07.01.279/2004-05 dated October 26, 2004 (copy of the paragraph
RBI/2004-05/ 255 DBOD No. Dir. BC. 51/13.03.00/2004-05 November 1, 2004 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Mid- term Review of Annual Policy Statement for the year 2004-05 – Foreign Currency Non-Resident (Banks) Accounts Please refer to the paragraph 72 of the statement on 'Mid-term Review of the Annual Policy Statement for the year 2004-05' enclosed to Governor’s letter MPD.No.256/ 07.01.279/2004-05 dated October 26, 2004 (copy of the paragraph
ନଭେମ୍ବର 01, 2004
Tenor of Domestic Term Deposits Accepted by SCBs Reduced
RBI/2004-05/257 DBOD No. Dir. 54/13.03.00/2004-05 November 1, 2004 All Scheduled Commercial Banks (Excluding RRBS) Dear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05 – Reduction of Tenor of Domestic/ Ordinary Non-Resident (NRO) Term Deposits Please refer to the paragraph 2 and Annexure I of our Master Circular DBOD. No.Dir. BC. 9/ 13.03.00/ 2004-05 dated July 16, 2004, as amended from time to time, specifying interest rates on deposits of money
RBI/2004-05/257 DBOD No. Dir. 54/13.03.00/2004-05 November 1, 2004 All Scheduled Commercial Banks (Excluding RRBS) Dear Sir, Mid-term Review of Annual Policy Statement for the year 2004-05 – Reduction of Tenor of Domestic/ Ordinary Non-Resident (NRO) Term Deposits Please refer to the paragraph 2 and Annexure I of our Master Circular DBOD. No.Dir. BC. 9/ 13.03.00/ 2004-05 dated July 16, 2004, as amended from time to time, specifying interest rates on deposits of money
ନଭେମ୍ବର 01, 2004
UCBs - Interest Rates on NRE Deposits Raised
RBI/ 2004 -05 /270 UBD.PCB.Cir.27/13.01.00/2004-05 November 1, 2004 Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Interest Rate on Non-Resident (External) Rupee (NRE) Deposits Please refer to the paragraph 71 of the statement on 'Mid-term Review of the Annual Policy Statement for the year 2004-05' (copy of the paragraph enclosed). 2. In this context, please refer to item (ii) of Annexure 2 of our Master Circular UBD.11/13.01.00/04-05 dat
RBI/ 2004 -05 /270 UBD.PCB.Cir.27/13.01.00/2004-05 November 1, 2004 Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Interest Rate on Non-Resident (External) Rupee (NRE) Deposits Please refer to the paragraph 71 of the statement on 'Mid-term Review of the Annual Policy Statement for the year 2004-05' (copy of the paragraph enclosed). 2. In this context, please refer to item (ii) of Annexure 2 of our Master Circular UBD.11/13.01.00/04-05 dat
ନଭେମ୍ବର 01, 2004
Prudential Norms for Classification of Doubtful Assets for FIs
RBI / 2004-05 / 258 Ref.No.DBS.FID.No. C-8 /01.02.00/2004-05 November 1, 2004 The CEOs of the all-India Term-lending and Refinancing Institutions (Exim Bank, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Mid-term Review of AnnualPolicy for the year 2004-05 - Prudential Norms for Classification of Doubtful Assets for FIs Please refer to our circular DBS.FID.No.35/01.02.00/98-99 dated December 3, 1998, in terms of which an asset would be c
RBI / 2004-05 / 258 Ref.No.DBS.FID.No. C-8 /01.02.00/2004-05 November 1, 2004 The CEOs of the all-India Term-lending and Refinancing Institutions (Exim Bank, IDFC Ltd., IFCI Ltd., IIBI Ltd., NABARD, NHB, SIDBI and TFCI Ltd.) Dear Sir, Mid-term Review of AnnualPolicy for the year 2004-05 - Prudential Norms for Classification of Doubtful Assets for FIs Please refer to our circular DBS.FID.No.35/01.02.00/98-99 dated December 3, 1998, in terms of which an asset would be c
ଅକ୍ଟୋବର 19, 2004
Banks Advised to Disclose Penalties Levied by RBI
RBI / 2004- 05/ 226 DBOD.BP.BC.49 / 21.04.018/ 2004 -2005 October 19, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Enhancement of transparency on 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 reviewed and revised from time to time. Background 2. The
RBI / 2004- 05/ 226 DBOD.BP.BC.49 / 21.04.018/ 2004 -2005 October 19, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Enhancement of transparency on 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 reviewed and revised from time to time. Background 2. The
ଅକ୍ଟୋବର 18, 2004
Banks asked to give Information on Golden Forest(I) Ltd., to Committee
RBI/2004-05/223 DBOD No. Dir. BC. 48/13.20.02/2004-05 October 18, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Before the Supreme Court of India - I.A.Nos. 9, 20 & 28 – In Transfer Case No. 2 of 2004-P(C) No. 696 of 2002 and I.A.No. 1 in PC 68/2003 – The Securities and Exchange Board of India etc. Vs Golden Forest (I) Ltd. and Others – Appointment of Committee by the Supreme Court - Regarding We advise that the Hon'ble Supreme Court of India has, vide its
RBI/2004-05/223 DBOD No. Dir. BC. 48/13.20.02/2004-05 October 18, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Before the Supreme Court of India - I.A.Nos. 9, 20 & 28 – In Transfer Case No. 2 of 2004-P(C) No. 696 of 2002 and I.A.No. 1 in PC 68/2003 – The Securities and Exchange Board of India etc. Vs Golden Forest (I) Ltd. and Others – Appointment of Committee by the Supreme Court - Regarding We advise that the Hon'ble Supreme Court of India has, vide its
ଅକ୍ଟୋବର 14, 2004
"Industrial Development Bank of India Limited" included in the Second Schedule to RBI Act , 1934
RBI/2004-05/217Ref: DBOD. CO. No. Ret. BC. 47 /12.06.121/2004-05 October 14, 2004 22 Ashwina 1926 To, All Commercial Banks Dear Sir, Inclusion in the Second Schedule to Reserve Bank of India Act,1934-"Industrial Development Bank of India Limited" We advise that the name of "Industrial Development Bank of India Limited" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 11, 2004 i.e. the date on which the relative N
RBI/2004-05/217Ref: DBOD. CO. No. Ret. BC. 47 /12.06.121/2004-05 October 14, 2004 22 Ashwina 1926 To, All Commercial Banks Dear Sir, Inclusion in the Second Schedule to Reserve Bank of India Act,1934-"Industrial Development Bank of India Limited" We advise that the name of "Industrial Development Bank of India Limited" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 11, 2004 i.e. the date on which the relative N
ଅକ୍ଟୋବର 14, 2004
"Industrial Development Bank of India Limited" included in the Second Schedule to RBI Act , 1934
RBI/2004-05/217Ref: DBOD. CO. No. Ret. BC. 47 /12.06.121/2004-05 October 14, 2004 22 Ashwina 1926 To, All Commercial Banks Dear Sir, Inclusion in the Second Schedule to Reserve Bank of India Act,1934-"Industrial Development Bank of India Limited" We advise that the name of "Industrial Development Bank of India Limited" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 11, 2004 i.e. the date on which the relative N
RBI/2004-05/217Ref: DBOD. CO. No. Ret. BC. 47 /12.06.121/2004-05 October 14, 2004 22 Ashwina 1926 To, All Commercial Banks Dear Sir, Inclusion in the Second Schedule to Reserve Bank of India Act,1934-"Industrial Development Bank of India Limited" We advise that the name of "Industrial Development Bank of India Limited" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 11, 2004 i.e. the date on which the relative N
ଅକ୍ଟୋବର 14, 2004
Agenda Papers relating to Board Meetings of Nationalised Banks
RBI /2004/214 DBOD.No.BP.BC./ 46 /21.03.038/2004-05 October 14, 2004 All Nationalised Banks Dear Sir, Agenda Papers relating to Board Meetings of Nationalised Banks Please refer to our Circular No.DBOD.No.BP.859/C.469 (W)-90 dated February 7, 1990 on the captioned subject. As per the circular nationalised banks have been forwarding agenda papers relating to their Board Meetings to Regional Office of Department of Banking Operations and Development. 2. The matter has b
RBI /2004/214 DBOD.No.BP.BC./ 46 /21.03.038/2004-05 October 14, 2004 All Nationalised Banks Dear Sir, Agenda Papers relating to Board Meetings of Nationalised Banks Please refer to our Circular No.DBOD.No.BP.859/C.469 (W)-90 dated February 7, 1990 on the captioned subject. As per the circular nationalised banks have been forwarding agenda papers relating to their Board Meetings to Regional Office of Department of Banking Operations and Development. 2. The matter has b
ଅକ୍ଟୋବର 14, 2004
"Industrial Development Bank of India Limited" included in the Second Schedule to RBI Act , 1934
RBI/2004-05/217Ref: DBOD. CO. No. Ret. BC. 47 /12.06.121/2004-05 October 14, 2004 22 Ashwina 1926 To, All Commercial Banks Dear Sir, Inclusion in the Second Schedule to Reserve Bank of India Act,1934-"Industrial Development Bank of India Limited" We advise that the name of "Industrial Development Bank of India Limited" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 11, 2004 i.e. the date on which the relative N
RBI/2004-05/217Ref: DBOD. CO. No. Ret. BC. 47 /12.06.121/2004-05 October 14, 2004 22 Ashwina 1926 To, All Commercial Banks Dear Sir, Inclusion in the Second Schedule to Reserve Bank of India Act,1934-"Industrial Development Bank of India Limited" We advise that the name of "Industrial Development Bank of India Limited" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from October 11, 2004 i.e. the date on which the relative N
ଅକ୍ଟୋବର 04, 2004
Compilation of Data on Foreign Currency Assets/Liabilities
RBI/2004-05/205 DBOD.No.Ret.BC./45/12.05.007/2004-05 October 4, 2004 All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Section 42(2) of the Reserve Bank of India Act, 1934 – Collection of data from Scheduled Commercial Banks in Annexure A to Form A Return Please refer to our circulars DBOD.No.BC.50/12.01.001/2000-01 dated November 7, 2000 and DBOD.No.78/12.01.001/2002/03 dated March 7, 2003 advising Scheduled Commercial Banks regarding compilat
RBI/2004-05/205 DBOD.No.Ret.BC./45/12.05.007/2004-05 October 4, 2004 All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir, Section 42(2) of the Reserve Bank of India Act, 1934 – Collection of data from Scheduled Commercial Banks in Annexure A to Form A Return Please refer to our circulars DBOD.No.BC.50/12.01.001/2000-01 dated November 7, 2000 and DBOD.No.78/12.01.001/2002/03 dated March 7, 2003 advising Scheduled Commercial Banks regarding compilat
ସେପ୍ଟେମ୍ବର 23, 2004
Opening of Current Accounts by banks - Need for discipline
RBI/2004-05/187 DBOD.No.IECS.BC.44/08.12.01/2004-05 September 23, 2004 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir Opening of Current Accounts by banks – Need for discipline Please refer to our circular No.DBOD.No.Leg.BC.22/09.07.005/2004-2005 dated August 4, 2004 on the captioned subject. 2. We clarify that our instructions contained in the circular referred to above supercede our circular IECD.No.PMS.151/C.446(PL)-86/87 dated 9th December 1986. Yours fa
RBI/2004-05/187 DBOD.No.IECS.BC.44/08.12.01/2004-05 September 23, 2004 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir Opening of Current Accounts by banks – Need for discipline Please refer to our circular No.DBOD.No.Leg.BC.22/09.07.005/2004-2005 dated August 4, 2004 on the captioned subject. 2. We clarify that our instructions contained in the circular referred to above supercede our circular IECD.No.PMS.151/C.446(PL)-86/87 dated 9th December 1986. Yours fa
ସେପ୍ଟେମ୍ବର 17, 2004
Winding up of the State Level Export Promotion Committee (SLEPC) and constitution of a separate Sub-Committee under State Level Bankers’ Committee (SLBC)
RBI/ 2004-2005/ 182 DBOD.IECS. NO. 43 /04.02.10/2004-05 September 17, 2004 The Chairmen/ Chief Executives of all Commercial Banks Dear Sir, Winding up of the State Level Export Promotion Committee (SLEPC) and constitution of a separate Sub-Committee under State Level Bankers’ Committee (SLBC) Please refer to our letter IECD. No. 14/ 04.02.01/ 98-99 dated February 23, 1999 advising about the reconstitution of the captioned Committee 2. The matter regarding effective fu
RBI/ 2004-2005/ 182 DBOD.IECS. NO. 43 /04.02.10/2004-05 September 17, 2004 The Chairmen/ Chief Executives of all Commercial Banks Dear Sir, Winding up of the State Level Export Promotion Committee (SLEPC) and constitution of a separate Sub-Committee under State Level Bankers’ Committee (SLBC) Please refer to our letter IECD. No. 14/ 04.02.01/ 98-99 dated February 23, 1999 advising about the reconstitution of the captioned Committee 2. The matter regarding effective fu
ସେପ୍ଟେମ୍ବର 11, 2004
Section 42 (1) of the Reserve Bank of India Act, 1934 - Maintenance of Cash Reserve Ratio (CRR)
RBI/2004-05/172 DBOD. No. Ret. BC. 41 /12.01.001/2004-05 September 11, 2004 Bhadra 20, 1926 To All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42 (1) of the Reserve Bank of India Act, 1934 – Maintenance of Cash Reserve Ratio (CRR) Please refer to our circulars DBOD.No.BC.34/12.01.001/2001-2002 dated October 22, 2001[para 2 (c)] and DBOD No. Ret BC. 99 / 12.01.001/2002-03 dated April 29, 2003 on the above subject. On review of current
RBI/2004-05/172 DBOD. No. Ret. BC. 41 /12.01.001/2004-05 September 11, 2004 Bhadra 20, 1926 To All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42 (1) of the Reserve Bank of India Act, 1934 – Maintenance of Cash Reserve Ratio (CRR) Please refer to our circulars DBOD.No.BC.34/12.01.001/2001-2002 dated October 22, 2001[para 2 (c)] and DBOD No. Ret BC. 99 / 12.01.001/2002-03 dated April 29, 2003 on the above subject. On review of current
ସେପ୍ଟେମ୍ବର 10, 2004
Section 23 of the Banking Regulation Act, 1949 - Opening of central processing centres/ back offices etc.
RBI/2004-05/169 DBOD.BL.BC. 39 /22.01.001/ 2004-05 September 10, 2004 Bhadra 19, 1926(S) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 23 of the Banking Regulation Act, 1949 - Opening of central processing centres/ back offices etc. Please refer to paragraph 2.6 of the Master Circular No. DBOD.BL.BC. 46/ 22.01.001/ 2003 dated 18th November 2003, in terms of which banks can open Service Branches / Regional Collection Centres for facilitating
RBI/2004-05/169 DBOD.BL.BC. 39 /22.01.001/ 2004-05 September 10, 2004 Bhadra 19, 1926(S) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 23 of the Banking Regulation Act, 1949 - Opening of central processing centres/ back offices etc. Please refer to paragraph 2.6 of the Master Circular No. DBOD.BL.BC. 46/ 22.01.001/ 2003 dated 18th November 2003, in terms of which banks can open Service Branches / Regional Collection Centres for facilitating
ସେପ୍ଟେମ୍ବର 09, 2004
Maintenance of CRR/SLR - Computation of DTL/NDTL
RBI/2004-05/166 DBOD.No.BC. 38 /12.01.001/2004-2005 September 9, 2004 All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir Maintenance of CRR/SLR – Computation of DTL/NDTL During the course of inspection of some of the banks conducted recently by our Department of Banking Supervision, certain deficiencies in the computation of DTL/NDTL for the purpose of maintaining CRR/SLR were observed as detailed below: reckoning foreign lines of credit availed
RBI/2004-05/166 DBOD.No.BC. 38 /12.01.001/2004-2005 September 9, 2004 All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir Maintenance of CRR/SLR – Computation of DTL/NDTL During the course of inspection of some of the banks conducted recently by our Department of Banking Supervision, certain deficiencies in the computation of DTL/NDTL for the purpose of maintaining CRR/SLR were observed as detailed below: reckoning foreign lines of credit availed
ସେପ୍ଟେମ୍ବର 08, 2004
Opening of LCs for Import/Export of Gold and other commodities
RBI/2004-05/168 DBS. CO.PP.BC. 6 /11.01.005 /2004-05 September 08, 2004 To, All Scheduled Commercial Banks (excluding RRBs) Madam/Sirs Opening of LCs for Import/Export of Gold and other commodities We invite reference to our Foreign Exchange Department circular A.P. (DIR Series) Circular No. 2 dated July 09, 2004 in terms of which it has been advised interalia that banker's prudence should be strictly exercised for all transactions pertaining to import of gold. Furthe
RBI/2004-05/168 DBS. CO.PP.BC. 6 /11.01.005 /2004-05 September 08, 2004 To, All Scheduled Commercial Banks (excluding RRBs) Madam/Sirs Opening of LCs for Import/Export of Gold and other commodities We invite reference to our Foreign Exchange Department circular A.P. (DIR Series) Circular No. 2 dated July 09, 2004 in terms of which it has been advised interalia that banker's prudence should be strictly exercised for all transactions pertaining to import of gold. Furthe
ସେପ୍ଟେମ୍ବର 02, 2004
Inclusion in the Second Schedule to Reserve Bank of India Act,1934- "Yes Bank Limited"
RBI/2004-05/155 Ref: DBOD. CO. No. Ret. BC.36 /12.06.120/2004-05 September 02, 2004 To, All Commercial Banks Dear Sir, Inclusion in the Second Schedule to Reserve Bank of India Act,1934- "Yes Bank Limited" We advise that the name of "Yes Bank Limited" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from 21 August 2004 i.e. the date on which the relative Notification DBOD No. PSBS.BC.30/16.01.137/2004-05 dated 16 August 2004
RBI/2004-05/155 Ref: DBOD. CO. No. Ret. BC.36 /12.06.120/2004-05 September 02, 2004 To, All Commercial Banks Dear Sir, Inclusion in the Second Schedule to Reserve Bank of India Act,1934- "Yes Bank Limited" We advise that the name of "Yes Bank Limited" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from 21 August 2004 i.e. the date on which the relative Notification DBOD No. PSBS.BC.30/16.01.137/2004-05 dated 16 August 2004
ସେପ୍ଟେମ୍ବର 02, 2004
Prudential norms on classification of Investment Portfolio of Banks
September 2, 2004RBI/2004-05/157DBOD.No.BP.BC.37/ 21.04.141/2004-05All scheduled commercial banks(excluding RRBs)Dear Sir,Prudential norms on classification of investment portfolio of banksPlease refer to our Master Circular DBOD.No.BP.BC.11/21.04.048/ 2004-05 dated July 17, 2004.Representations have been received from banks that the existing guidelines of classification of investments should be reviewed with a view to bringing them in alignment with international pra
September 2, 2004RBI/2004-05/157DBOD.No.BP.BC.37/ 21.04.141/2004-05All scheduled commercial banks(excluding RRBs)Dear Sir,Prudential norms on classification of investment portfolio of banksPlease refer to our Master Circular DBOD.No.BP.BC.11/21.04.048/ 2004-05 dated July 17, 2004.Representations have been received from banks that the existing guidelines of classification of investments should be reviewed with a view to bringing them in alignment with international pra
ଅଗଷ୍ଟ 30, 2004
Holding of Instruments in Dematerialised Form
RBI / 2004-05/148 REF. DBS. FID. No.C-6/ 01.02.00 / 2004-05 August 30, 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, Holding of Instruments in Dematerialised Form In terms of the circular DBS.FID.No.C-4/01.02.00/2001-02 dated August 28, 2001 (copy enclosed), the FIs were directed to make fresh investments and hold bonds, debentures, privately plac
RBI / 2004-05/148 REF. DBS. FID. No.C-6/ 01.02.00 / 2004-05 August 30, 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, Holding of Instruments in Dematerialised Form In terms of the circular DBS.FID.No.C-4/01.02.00/2001-02 dated August 28, 2001 (copy enclosed), the FIs were directed to make fresh investments and hold bonds, debentures, privately plac
ଅଗଷ୍ଟ 27, 2004
Terms and conditions of appointment of Statutory/ Concurrent/ Internal Auditors - Implementation of the recommendations of the Committee on Legal Aspects of Bank Frauds and the recommendations of the High Level Group set up by the Cent
RBI/2004-05/146Ref.DBS.ARS.No. B.C. 4 /08.91.001/2004-05 August 27, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Terms and conditions of appointment of Statutory/ Concurrent/ Internal Auditors - Implementation of the recommendations of the Committee on Legal Aspects of Bank Frauds and the recommendations of the High Level Group set up by the Central Vigilance Commission (CVC) Please refer to our circular letter DBS. ARS. No. 599/08.91.001/2002-2003 d
RBI/2004-05/146Ref.DBS.ARS.No. B.C. 4 /08.91.001/2004-05 August 27, 2004 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Terms and conditions of appointment of Statutory/ Concurrent/ Internal Auditors - Implementation of the recommendations of the Committee on Legal Aspects of Bank Frauds and the recommendations of the High Level Group set up by the Central Vigilance Commission (CVC) Please refer to our circular letter DBS. ARS. No. 599/08.91.001/2002-2003 d
ଅଗଷ୍ଟ 26, 2004
Repayment schedule of rural housing loans
RBI No. 2004 -05/140 DBOD. BP. BC. 34 / 21.04.048/ 2004-05 August 26, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Repayment schedule of rural housing loans As announced by the Hon’ble Finance Minister in the Union Budget 2004-05, it has been decided to revise the norms for repayment for rural housing loans extended by banks under Indira Awas Yojana and Golden Jubilee Rural Housing Finance Scheme by linking repayment to the crop cycles. Accordingly, we advise
RBI No. 2004 -05/140 DBOD. BP. BC. 34 / 21.04.048/ 2004-05 August 26, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Repayment schedule of rural housing loans As announced by the Hon’ble Finance Minister in the Union Budget 2004-05, it has been decided to revise the norms for repayment for rural housing loans extended by banks under Indira Awas Yojana and Golden Jubilee Rural Housing Finance Scheme by linking repayment to the crop cycles. Accordingly, we advise
ଅଗଷ୍ଟ 26, 2004
Frauds in Non-Resident Accounts
RBI/2004-2005/142 DBS.FrMC. No.3/23.04.001/2004-05 August 26, 2004 All Scheduled Commercial Banks (Other than Regional Rural Banks) Dear Sir, Frauds in Non-Resident Accounts Please refer to para 4.1 (b) and (c) of our circular DBS.FGV(F)No. BC 13/ 23.04.001/2001-02 dated May 21, 2002 on the above subject. In terms of the said circular, banks were advised as under : In the case of loans to third parties against NRI deposits, normally the relative documentation should b
RBI/2004-2005/142 DBS.FrMC. No.3/23.04.001/2004-05 August 26, 2004 All Scheduled Commercial Banks (Other than Regional Rural Banks) Dear Sir, Frauds in Non-Resident Accounts Please refer to para 4.1 (b) and (c) of our circular DBS.FGV(F)No. BC 13/ 23.04.001/2001-02 dated May 21, 2002 on the above subject. In terms of the said circular, banks were advised as under : In the case of loans to third parties against NRI deposits, normally the relative documentation should b
ଅଗଷ୍ଟ 17, 2004
Dematerialization of banks investment in equity
RBI/2004-05/126 DBOD No. Dir. BC. 32/13.07.05/2004-05 August 17, 2004 All Commercial Banks (Excluding RRBs) Dear Sirs, Dematerialization of banks’ investment in equity Please refer to paragraph (vi) of our circular DBOD No.Dir.BC.107/13.03.00/2000-01 dated April 19, 2001, in terms of which it was advised that with effect from October 31, 2001, banks, financial institutions, primary dealers and satellite dealers should make fresh investments and hold bonds and debentur
RBI/2004-05/126 DBOD No. Dir. BC. 32/13.07.05/2004-05 August 17, 2004 All Commercial Banks (Excluding RRBs) Dear Sirs, Dematerialization of banks’ investment in equity Please refer to paragraph (vi) of our circular DBOD No.Dir.BC.107/13.03.00/2000-01 dated April 19, 2001, in terms of which it was advised that with effect from October 31, 2001, banks, financial institutions, primary dealers and satellite dealers should make fresh investments and hold bonds and debentur
ଅଗଷ୍ଟ 16, 2004
Before the Supreme Court of India - Interlocutory Application Nos. 9, 20 & 28 -
In Transfer Case No. 2 of 2004-P(C) No. 696/2002 and I.A.No. 1 in T.C. 68/2003 - The Securities and Exchange Board of India etc. vs. The Golden Forest (I) Ltd. etc.
RBI/2004-05/121DBOD No. Dir. BC. 31/13.20.02/2004-05 August 16, 2004 All Commercial Banks (excluding RRBs) @@NBSP@@ Dear Sir, Before the Supreme Court of India - Interlocutory Application Nos. 9, 20 & 28 – In Transfer Case No. 2 of 2004-P(C) No. 696/2002 and I.A.No. 1 in T.C. 68/2003 – The Securities and Exchange Board of India etc. vs. The Golden Forest (I) Ltd. etc. The Hon’ble Supreme Court of India, by its order dated July 28, 2004, has passed orders disallowi
RBI/2004-05/121DBOD No. Dir. BC. 31/13.20.02/2004-05 August 16, 2004 All Commercial Banks (excluding RRBs) @@NBSP@@ Dear Sir, Before the Supreme Court of India - Interlocutory Application Nos. 9, 20 & 28 – In Transfer Case No. 2 of 2004-P(C) No. 696/2002 and I.A.No. 1 in T.C. 68/2003 – The Securities and Exchange Board of India etc. vs. The Golden Forest (I) Ltd. etc. The Hon’ble Supreme Court of India, by its order dated July 28, 2004, has passed orders disallowi
ଅଗଷ୍ଟ 13, 2004
Prudential norms - State Government guaranteed exposures
No. 2004/ 118 DBOD No. BP.BC. 29 / 21.04.048/ 2004-05 August 13, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Prudential norms – State Government guaranteed exposures Please refer to our circular DBOD No. BP.BC.103/ 21.00.002/ 98 dated October 31, 1998, which contained, among others, prudential norms regarding State Government guaranteed advances. Presently, asset classification and provisioning requirements in respect of State Government guaranteed exposures
No. 2004/ 118 DBOD No. BP.BC. 29 / 21.04.048/ 2004-05 August 13, 2004 All Commercial Banks (excluding RRBs) Dear Sir, Prudential norms – State Government guaranteed exposures Please refer to our circular DBOD No. BP.BC.103/ 21.00.002/ 98 dated October 31, 1998, which contained, among others, prudential norms regarding State Government guaranteed advances. Presently, asset classification and provisioning requirements in respect of State Government guaranteed exposures
ଅଗଷ୍ଟ 12, 2004
Transactions in Government Securities
RBI /2004-05/116 DBOD.FSC.BC.28/24.76.002/2004-05 August 12, 2004 All Commercial Banks (Excluding RRBs) Dear Sirs, Transactions in Government Securities Please refer to the instructions contained in Bank’s circular No. RBI/2004/123 (IDMD.PDRS.05/10.02.01/2003-04) dated March 29, 2004 under which sale of government securities already contracted for purchase was permitted provided certain conditions stipulated therein were satisfied. To enable the implementation of this
RBI /2004-05/116 DBOD.FSC.BC.28/24.76.002/2004-05 August 12, 2004 All Commercial Banks (Excluding RRBs) Dear Sirs, Transactions in Government Securities Please refer to the instructions contained in Bank’s circular No. RBI/2004/123 (IDMD.PDRS.05/10.02.01/2003-04) dated March 29, 2004 under which sale of government securities already contracted for purchase was permitted provided certain conditions stipulated therein were satisfied. To enable the implementation of this
ଅଗଷ୍ଟ 07, 2004
Deficiencies found in sanctioning of loans and monitoring of borrowal accounts by banks / Financial Institutions
RBI 105 / 2004 DBS.FRMC.No. BC. 1 /23.04.01D/2004-05 August 7, 2004 The Chief Executives All Commercial Banks Dear Sir, Deficiencies found in sanctioning of loans and monitoring of borrowal accounts by banks / Financial Institutions As you are aware, the incidence of frauds in major borrowal accounts is a cause of concern for the banks’ management as also for Reserve Bank of India. Apart from acts of willful default, diversion of funds, clandestine removal of goods, f
RBI 105 / 2004 DBS.FRMC.No. BC. 1 /23.04.01D/2004-05 August 7, 2004 The Chief Executives All Commercial Banks Dear Sir, Deficiencies found in sanctioning of loans and monitoring of borrowal accounts by banks / Financial Institutions As you are aware, the incidence of frauds in major borrowal accounts is a cause of concern for the banks’ management as also for Reserve Bank of India. Apart from acts of willful default, diversion of funds, clandestine removal of goods, f
ଅଗଷ୍ଟ 04, 2004
Opening of Current Accounts by banks - Need for discipline
RBI/2004-05/ 99 DBOD.No.Leg.BC. 22 / 09.07.005/ 2004-2005 August 4, 2004 All scheduled commercial banks (Excluding RRBs) Dear Sir, Opening of Current Accounts by banks – Need for discipline Please refer to our circular DBOD.No.Leg.BC.84/09.07.005/2003-04 dated May 15, 2004. 2. In this connection, it is clarified that where the due diligence is carried out on the request of a prospective customer who is a corporate or large borrower enjoying credit facilities from more
RBI/2004-05/ 99 DBOD.No.Leg.BC. 22 / 09.07.005/ 2004-2005 August 4, 2004 All scheduled commercial banks (Excluding RRBs) Dear Sir, Opening of Current Accounts by banks – Need for discipline Please refer to our circular DBOD.No.Leg.BC.84/09.07.005/2003-04 dated May 15, 2004. 2. In this connection, it is clarified that where the due diligence is carried out on the request of a prospective customer who is a corporate or large borrower enjoying credit facilities from more
ଅଗଷ୍ଟ 03, 2004
Guidelines for Compromise Settlement of Dues of Banks & FIs through Lok Adalats - Enhancing the ceiling from Rs.5 lakh to Rs.20 lakh
RBI/2004-05/ 95 DBOD No.LEG.BC / 21 /09.06.002/2004-05 August 3, 2004 All Scheduled Commercial Banks & All India Financial Institutions Dear Sir, Guidelines for Compromise Settlement of Dues of Banks & FIs through Lok Adalats – Enhancing the ceiling from Rs.5 lakh to Rs.20 lakh Please refer to our circular DBOD.No.LEG.BC.114/09.06.002/2000-01 dated May 2, 2001 giving detailed guidelines for compromise settlement of dues through Lok Adalats and advising banks t
RBI/2004-05/ 95 DBOD No.LEG.BC / 21 /09.06.002/2004-05 August 3, 2004 All Scheduled Commercial Banks & All India Financial Institutions Dear Sir, Guidelines for Compromise Settlement of Dues of Banks & FIs through Lok Adalats – Enhancing the ceiling from Rs.5 lakh to Rs.20 lakh Please refer to our circular DBOD.No.LEG.BC.114/09.06.002/2000-01 dated May 2, 2001 giving detailed guidelines for compromise settlement of dues through Lok Adalats and advising banks t
ଅଗଷ୍ଟ 03, 2004
Annual Policy Statement for the year 2004-05:Additional Provisioning Requirement for NPAs
RBI/2004/88 Ref.DBS.FID.No.C-3/01.02.00/ 2004-2005 August 3, 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, Annual Policy Statement for the year 2004-05:Additional Provisioning Requirement for NPAs At present, FIs are required to make provisions on NPAs on a graded scale based on the age of the NPA. However, in respect of NPAs included in 'do
RBI/2004/88 Ref.DBS.FID.No.C-3/01.02.00/ 2004-2005 August 3, 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, Annual Policy Statement for the year 2004-05:Additional Provisioning Requirement for NPAs At present, FIs are required to make provisions on NPAs on a graded scale based on the age of the NPA. However, in respect of NPAs included in 'do
ଜୁଲାଇ 29, 2004
Gold Card Scheme for Exporters
RBI / 2004-2005/ 78 DBOD.IECS.No.19 /04.02.02 (Gold Card)/2004-05 July 29, 2004 The Chairmen / Chief Executives of all Commercial Banks Dear Sir Gold Card Scheme for Exporters Please refer to our circular letter IECD.No.12/04.02.02/Gold Card/2003-04 dated May 18, 2004 on the captioned subject, enclosing the Gold Card Scheme for exporters. Despite considerable lapse of time since issue of guidelines, a number of banks are yet to announce their individual schemes and th
RBI / 2004-2005/ 78 DBOD.IECS.No.19 /04.02.02 (Gold Card)/2004-05 July 29, 2004 The Chairmen / Chief Executives of all Commercial Banks Dear Sir Gold Card Scheme for Exporters Please refer to our circular letter IECD.No.12/04.02.02/Gold Card/2003-04 dated May 18, 2004 on the captioned subject, enclosing the Gold Card Scheme for exporters. Despite considerable lapse of time since issue of guidelines, a number of banks are yet to announce their individual schemes and th
ଜୁଲାଇ 26, 2004
Annual Policy Statement for the year 2004-05 - Prudential Credit Exposure Limits by FIs
RBI / 2004 /72 REF. DBS. FID. No. C-1/ 01.02.00 /2004-05 July 26, 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, Annual Policy Statement for the year 2004-05 - Prudential Credit Exposure Limits by FIs Please refer to our Master Circular No. DBS.FID.No.C-7/01.02.00/2003-04 dated August 7, 2003 on exposure norms for the FIs wherein it was advis
RBI / 2004 /72 REF. DBS. FID. No. C-1/ 01.02.00 /2004-05 July 26, 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, Annual Policy Statement for the year 2004-05 - Prudential Credit Exposure Limits by FIs Please refer to our Master Circular No. DBS.FID.No.C-7/01.02.00/2003-04 dated August 7, 2003 on exposure norms for the FIs wherein it was advis
ଜୁଲାଇ 23, 2004
Checking of wilful defaults and measures against Wilful Defaulters
RBI/2004-05/ 63 DBOD.No.DL.BC. 16 /20.16.003/2004-05 July 23, 2004 All Scheduled Commercial Banks and All Notified All-India Financial Institutions Dear Sir, Checking of wilful defaults and measures against Wilful Defaulters Please refer to paragraph 7(b) of our circular DBOD.No.DL(W).BC. 110/20.16.003/ 2001-02 dated 30th May 2002 in terms of which banks/Financial Institutions (FIs) were advised to initiate various steps in order to check wilful defaults. 2. In terms
RBI/2004-05/ 63 DBOD.No.DL.BC. 16 /20.16.003/2004-05 July 23, 2004 All Scheduled Commercial Banks and All Notified All-India Financial Institutions Dear Sir, Checking of wilful defaults and measures against Wilful Defaulters Please refer to paragraph 7(b) of our circular DBOD.No.DL(W).BC. 110/20.16.003/ 2001-02 dated 30th May 2002 in terms of which banks/Financial Institutions (FIs) were advised to initiate various steps in order to check wilful defaults. 2. In terms
ଜୁଲାଇ 23, 2004
Participating in Bills Rediscounting Scheme as Lenders - Private Sector Mutual Funds
RBI/2004-05/65 July 23, 2004 Shravan 1, 1926 DBOD No. FSC.BC. 17/24.91.001/2004-05 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Participating in Bills Rediscounting Scheme as Lenders – Private Sector Mutual Funds Please refer to our circular DBOD.No.FSC.BC.68/24.091.001/95 dated June 27, 1995 in terms of which Mutual Funds set up in the private sector and approved by SEBI were permitted access in the Call/Notice Money Market and Bills Rediscounting Scheme
RBI/2004-05/65 July 23, 2004 Shravan 1, 1926 DBOD No. FSC.BC. 17/24.91.001/2004-05 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Participating in Bills Rediscounting Scheme as Lenders – Private Sector Mutual Funds Please refer to our circular DBOD.No.FSC.BC.68/24.091.001/95 dated June 27, 1995 in terms of which Mutual Funds set up in the private sector and approved by SEBI were permitted access in the Call/Notice Money Market and Bills Rediscounting Scheme
ଜୁଲାଇ 20, 2004
Gold Card Scheme for Exporters
RBI / 2004-2005/ 56 DBOD.IECS.No. 13 /04.02.02 (Gold Card)/2004-05 July 20, 2004 The Chairman / Chief Executives of all Commercial Banks Dear Sir Gold Card Scheme for Exporters Please refer to our letter IECD.No.12/04.02.02/Gold Card/2003-04 dated May 18, 2004 on the captioned subject, enclosing a copy of the Gold Card Scheme. It has been reported that some banks have fixed certain minimum annual turnover for issuance of Gold Card, as an eligibility criterion. As the
RBI / 2004-2005/ 56 DBOD.IECS.No. 13 /04.02.02 (Gold Card)/2004-05 July 20, 2004 The Chairman / Chief Executives of all Commercial Banks Dear Sir Gold Card Scheme for Exporters Please refer to our letter IECD.No.12/04.02.02/Gold Card/2003-04 dated May 18, 2004 on the captioned subject, enclosing a copy of the Gold Card Scheme. It has been reported that some banks have fixed certain minimum annual turnover for issuance of Gold Card, as an eligibility criterion. As the
ଜୁଲାଇ 06, 2004
Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 -“Credit Lyonnais”
RBI/ 2004 / 19 DBOD. Ret. BC No. 1 /12.06.115/2004-05 6th July, 2004 All Scheduled Commercial Banks @@NBSP@@ Dear Sirs, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - "Credit Lyonnais" We advise that the name of "Credit Lyonnais" has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from 22nd May 2004, i.e. the date on which the relative notification DBOD. No IBS. 1575/ 23.13.025 /2003-04 dated 30th
RBI/ 2004 / 19 DBOD. Ret. BC No. 1 /12.06.115/2004-05 6th July, 2004 All Scheduled Commercial Banks @@NBSP@@ Dear Sirs, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - "Credit Lyonnais" We advise that the name of "Credit Lyonnais" has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from 22nd May 2004, i.e. the date on which the relative notification DBOD. No IBS. 1575/ 23.13.025 /2003-04 dated 30th
ଜୁଲାଇ 06, 2004
Prudential Norms on Capital Adequacy -Cross holding of capital among banks/ financial institutions
RBI/2004-05/21DBOD. BP. BC. No. 3/21.01.002/2004-05 6 July 2004The Chief Executives of all Scheduled Commercial Banks and FIs(excluding RRBs)Dear Sir,Prudential Norms on Capital Adequacy –Cross holding of capital among banks/ financial institutions Please refer to our circular DBOD.No.BP.BC.20/ 21.01.002/ 2003-04 dated September 2, 2003 in terms of which a bank's aggregate investment in Tier II bonds issued by other banks and financial institutions is permitted up to
RBI/2004-05/21DBOD. BP. BC. No. 3/21.01.002/2004-05 6 July 2004The Chief Executives of all Scheduled Commercial Banks and FIs(excluding RRBs)Dear Sir,Prudential Norms on Capital Adequacy –Cross holding of capital among banks/ financial institutions Please refer to our circular DBOD.No.BP.BC.20/ 21.01.002/ 2003-04 dated September 2, 2003 in terms of which a bank's aggregate investment in Tier II bonds issued by other banks and financial institutions is permitted up to
ରିଜର୍ଭ ବ୍ୟାଙ୍କ ଅଫ୍ ଇଣ୍ଡିଆ ମୋବାଇଲ୍ ଆପ୍ଲିକେସନ୍ ଇନଷ୍ଟଲ୍ କରନ୍ତୁ ଏବଂ ଲାଟେଷ୍ଟ ନିଉଜ୍ କୁ ଶୀଘ୍ର ଆକ୍ସେସ୍ ପାଆନ୍ତୁ!
ଆମର ଆପ୍ ଇନଷ୍ଟଲ୍ କରିବାକୁ QR କୋଡ୍ ସ୍କାନ୍ କରନ୍ତୁ
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି:
