Revised guidelines for compromise settlement of chronic Non-Performing Assets (NPAs) of public sector banks upto Rs 10 crore

February 05, 2004RBI/2004/42DBOD No. BP. BC 66 / 21.04.117/2003-2004 Chairmen and Managing Directors of all Public Sector BanksDear Sir,Revised guidelines for compromise settlement of chronic Non-Performing Assets (NPAs) of public sector banks upto Rs 10 crore Please refer to our circular DBOD No. BP.BC. 108/ 21.04.117 / 2002-2003 dated May 23, 2003 extending the time limit for processing of applications for settlement of NPAs up to Rs. 10 crore from 31st October 2003

February 05, 2004RBI/2004/42DBOD No. BP. BC 66 / 21.04.117/2003-2004 Chairmen and Managing Directors of all Public Sector BanksDear Sir,Revised guidelines for compromise settlement of chronic Non-Performing Assets (NPAs) of public sector banks upto Rs 10 crore Please refer to our circular DBOD No. BP.BC. 108/ 21.04.117 / 2002-2003 dated May 23, 2003 extending the time limit for processing of applications for settlement of NPAs up to Rs. 10 crore from 31st October 2003

Revised guidelines for compromise settlement of chronic Non-Performing Assets (NPAs) of public sector banks upto Rs 10 crore

Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - “The Oversea - Chinese Banking Corporation Limited.”

RBI/2004/40DBOD. Ret. BC No. 65/12.06.110/2003-04 February 5, 2004 All Scheduled Commercial Banks Dear Sirs, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - "The Oversea – Chinese Banking Corporation Limited." We advise that the name of "The Oversea – Chinese Banking Corporation Limited." has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from 27th December 2003, i.e. the date on which the relative

RBI/2004/40DBOD. Ret. BC No. 65/12.06.110/2003-04 February 5, 2004 All Scheduled Commercial Banks Dear Sirs, Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - "The Oversea – Chinese Banking Corporation Limited." We advise that the name of "The Oversea – Chinese Banking Corporation Limited." has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from 27th December 2003, i.e. the date on which the relative

Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - “The Oversea - Chinese Banking Corporation Limited.”

Guidelines for acknowledgement of transfer/allotment of shares in private sector banks

RBI/2004/38DBOD.No.PSBS.BC. 64 /16.13.100/2003-04 February 3, 2004 Magh 14, 1925(Saka) All Scheduled Commercial Banks Dear Sir, Guidelines for acknowledgement of transfer/allotment of shares in private sector banks Please refer to our circulars DBOD.No.BP.BC.68/21.01.055/2001-02 dated February 16, 2002 on foreign direct investment in banking sector and DBOD.No.PSBS.BC.349/16.13.100/99-2000 dated September 21, 1999 on transfer of shares. In paragraphs 4(i) and 2 respec

RBI/2004/38DBOD.No.PSBS.BC. 64 /16.13.100/2003-04 February 3, 2004 Magh 14, 1925(Saka) All Scheduled Commercial Banks Dear Sir, Guidelines for acknowledgement of transfer/allotment of shares in private sector banks Please refer to our circulars DBOD.No.BP.BC.68/21.01.055/2001-02 dated February 16, 2002 on foreign direct investment in banking sector and DBOD.No.PSBS.BC.349/16.13.100/99-2000 dated September 21, 1999 on transfer of shares. In paragraphs 4(i) and 2 respec

Guidelines for acknowledgement of transfer/allotment of shares in private sector banks

Monitoring of large value frauds by the Board of Directors

RBI/2004.15DBS.FGV(F) No.1004/23.04.01A/2003-04 January 14, 2004The Chief ExecutivesAll Indian Commercial banksDear Sir,Monitoring of large value frauds by the Board of DirectorsPlease refer to our circular DOS No BC 14/ Admn.919/16.13.100/95 dated September 26, 1995 containing revised instructions on the constitution and functions of the Audit Committee of Board (ACB).The ACB is required to oversee the internal inspection, statutory audit, inter-branch/inter-bank acc

RBI/2004.15DBS.FGV(F) No.1004/23.04.01A/2003-04 January 14, 2004The Chief ExecutivesAll Indian Commercial banksDear Sir,Monitoring of large value frauds by the Board of DirectorsPlease refer to our circular DOS No BC 14/ Admn.919/16.13.100/95 dated September 26, 1995 containing revised instructions on the constitution and functions of the Audit Committee of Board (ACB).The ACB is required to oversee the internal inspection, statutory audit, inter-branch/inter-bank acc

Monitoring of large value frauds by the Board of Directors

Maintenance of CRR / SLR on transaction in Collateralised Borrowing and Lending Obligation (CBLO)

RBI/2004/12 DBOD.No.Ret.BC. 63 /12.01.001/2003-04 January 14, 2004 To All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Maintenance of CRR / SLR on transaction in Collateralised Borrowing and Lending Obligation (CBLO) As you are aware, Reserve Bank of India has been promoting collateralised borrowing / lending operations by market participants. In this connection, we invite a reference to paragraph 101 of the Governor’s statement on mid-term review on

RBI/2004/12 DBOD.No.Ret.BC. 63 /12.01.001/2003-04 January 14, 2004 To All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Maintenance of CRR / SLR on transaction in Collateralised Borrowing and Lending Obligation (CBLO) As you are aware, Reserve Bank of India has been promoting collateralised borrowing / lending operations by market participants. In this connection, we invite a reference to paragraph 101 of the Governor’s statement on mid-term review on

Maintenance of CRR / SLR on transaction in Collateralised Borrowing and Lending Obligation (CBLO)

Final Guidelines on Investment by the FIs in Debt Securities

RESERVE BANK OF INDIAFinancial Institutions DivisionDepartment of Financial SupervisionJanuary 8, 2004@@NBSP@@@@NBSP@@RBI /2004/8DBS.FID.No. C-11 /01.02.00/2003-04The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir,Final guidelines on investment by the FIs in debt securitiesPlease refer to our Circular DBS.FID.No.C-8/01.02.00/2003-04 dated November 4, 2003 forwarding the draft guidelines on investment by the FIs in debt securities for comments whic

RESERVE BANK OF INDIAFinancial Institutions DivisionDepartment of Financial SupervisionJanuary 8, 2004@@NBSP@@@@NBSP@@RBI /2004/8DBS.FID.No. C-11 /01.02.00/2003-04The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir,Final guidelines on investment by the FIs in debt securitiesPlease refer to our Circular DBS.FID.No.C-8/01.02.00/2003-04 dated November 4, 2003 forwarding the draft guidelines on investment by the FIs in debt securities for comments whic

Final Guidelines on Investment by the FIs in Debt Securities

Ad hoc Committees on Procedures and Performance Audit on Customer Services in Banks

DBOD.No.Leg.BC.60 /09.07.005/2003-04 December 27, 2003 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Ad hoc Committees on Procedures and Performance Audit on Customer Services in Banks Please refer to Paragraph 78 of the Statement on the Mid Term Review of Monetary and Credit Policy for the year 2003-2004. 2. In order to support broad-based improvement in customer services in relation to various banking services, each bank is advised to constitute an Ad

DBOD.No.Leg.BC.60 /09.07.005/2003-04 December 27, 2003 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Ad hoc Committees on Procedures and Performance Audit on Customer Services in Banks Please refer to Paragraph 78 of the Statement on the Mid Term Review of Monetary and Credit Policy for the year 2003-2004. 2. In order to support broad-based improvement in customer services in relation to various banking services, each bank is advised to constitute an Ad

Ad hoc Committees on Procedures and Performance Audit on Customer Services in Banks