RRBs - Maintenance of CRR

RBI/2007-08/385 RPCD.CO.RRB. No. BC.84 / 03.05.28(B)/2007-08 June 26, 2008 All Regional Rural Banks Dear Sir, Section 42 (1) of Reserve Bank of India Act, 1934 – Maintenance of Cash Reserve Ratio (CRR)- Regional Rural Banks(RRBs) Please refer to our circular RPCD.CO.RRB.BC.64/03.05.28 (B)/2007-2008 (RBI/2007-08/306) dated April 30, 2008 on the captioned subject. On review of current global and domestic macroeconomic and financial developments, it has been decided to i

RBI/2007-08/385 RPCD.CO.RRB. No. BC.84 / 03.05.28(B)/2007-08 June 26, 2008 All Regional Rural Banks Dear Sir, Section 42 (1) of Reserve Bank of India Act, 1934 – Maintenance of Cash Reserve Ratio (CRR)- Regional Rural Banks(RRBs) Please refer to our circular RPCD.CO.RRB.BC.64/03.05.28 (B)/2007-2008 (RBI/2007-08/306) dated April 30, 2008 on the captioned subject. On review of current global and domestic macroeconomic and financial developments, it has been decided to i

RRBs - Maintenance of CRR

Scheduled StCBs - Maintenance of CRR

RBI/2007-2008/384 RPCD.CO.RF.BC.No. 83/07.02.01/2007-08 June 26, 2008 All Scheduled State Co-operative Banks Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular RPCD.CO.RF.No.BC.63/07.02.01/2007-08 dated April 29, 2008 on the captioned subject. On a review of current global and domestic macroeconomic and financial developments, it has been decided to increase Cash Reserve Ratio (CRR) of Scheduled State Co-operat

RBI/2007-2008/384 RPCD.CO.RF.BC.No. 83/07.02.01/2007-08 June 26, 2008 All Scheduled State Co-operative Banks Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular RPCD.CO.RF.No.BC.63/07.02.01/2007-08 dated April 29, 2008 on the captioned subject. On a review of current global and domestic macroeconomic and financial developments, it has been decided to increase Cash Reserve Ratio (CRR) of Scheduled State Co-operat

Scheduled StCBs - Maintenance of CRR

StCBs/DCCBs - PMLA, 2002 - Obligation of Banks

RBI/2007-2008/381 RPCD.CO.RF.AML.BC.No.81/07.40.00/2007-08 June 25, 2008 The Chief Executives of All State and Central Co-operative Banks Dear Sir, Prevention of Money Laundering Act, 2002 - Obligation of Banks in Terms of Rules Notified there under Please refer to our circular RPCD.CO.RF.AML.BC.65/07.02.12/2005-06 dated March 3, 2006. In Paragraph 3 of the said circular, it was advised that banks are required to maintain and preserve information in respect of transac

RBI/2007-2008/381 RPCD.CO.RF.AML.BC.No.81/07.40.00/2007-08 June 25, 2008 The Chief Executives of All State and Central Co-operative Banks Dear Sir, Prevention of Money Laundering Act, 2002 - Obligation of Banks in Terms of Rules Notified there under Please refer to our circular RPCD.CO.RF.AML.BC.65/07.02.12/2005-06 dated March 3, 2006. In Paragraph 3 of the said circular, it was advised that banks are required to maintain and preserve information in respect of transac

StCBs/DCCBs - PMLA, 2002 - Obligation of Banks

Liquidity Adjustment Facility - Repo and Reverse Repo Rates

RBI/2007-2008/379FMD.MOAG. No.19/01.01.01/2007-08June 24, 2008All Scheduled Commercial Banks (excluding RRBs) and Primary DealersDear Sir,Liquidity Adjustment Facility – Repo and Reverse Repo RatesConsistent with the stance of monetary policy in 2008-09 and on the basis of incoming information on domestic and global macroeconomic and financial developments, the Reserve Bank of India has decided to increase the fixed repo rate under the Liquidity Adjustment Facility (L

RBI/2007-2008/379FMD.MOAG. No.19/01.01.01/2007-08June 24, 2008All Scheduled Commercial Banks (excluding RRBs) and Primary DealersDear Sir,Liquidity Adjustment Facility – Repo and Reverse Repo RatesConsistent with the stance of monetary policy in 2008-09 and on the basis of incoming information on domestic and global macroeconomic and financial developments, the Reserve Bank of India has decided to increase the fixed repo rate under the Liquidity Adjustment Facility (L

Liquidity Adjustment Facility - Repo and Reverse Repo Rates

Standing Liquidity Facilities for Banks and Primary Dealers

RBI/2007-2008/380REF.No.MPD.BC. 301/07.01.279/2007-08June 24, 2008ToAll Scheduled Banks [excluding Regional Rural Banks (RRBs)] and Primary DealersDear Sir,Standing Liquidity Facilities for Banks and Primary DealersPlease refer to Financial Markets Department Circular FMD. MOAG No. /19 01.01.01/ 2007-08 dated June 24, 2008 on Liquidity Adjustment Facility – Repo and Reverse Repo Rates. 2. The fixed repo rate under the liquidity adjustment facility (LAF) has been revis

RBI/2007-2008/380REF.No.MPD.BC. 301/07.01.279/2007-08June 24, 2008ToAll Scheduled Banks [excluding Regional Rural Banks (RRBs)] and Primary DealersDear Sir,Standing Liquidity Facilities for Banks and Primary DealersPlease refer to Financial Markets Department Circular FMD. MOAG No. /19 01.01.01/ 2007-08 dated June 24, 2008 on Liquidity Adjustment Facility – Repo and Reverse Repo Rates. 2. The fixed repo rate under the liquidity adjustment facility (LAF) has been revis

Standing Liquidity Facilities for Banks and Primary Dealers

Union Budget - 2008-09 - Agricultural Debt Waiver and Debt Relief Scheme, 2008

RBI/2007-08/ 378 RPCD.No.PLFS.BC.80/05.04.02/2007-08June 24, 2008The Chairman/Managing Director All Scheduled Commercial Banks (including Local Area Banks)Dear Sir, Union Budget – 2008-09 – Agricultural Debt Waiver and Debt Relief Scheme, 2008 Please refer to our circular RPCD.No.PLFS.BC. 78 /05.04.02/2007-08@@NBSP@@@@NBSP@@ dated June 19, 2008, on the captioned subject. 2. The clarification provided against query no. 33 in the above circular has been modified by Gove

RBI/2007-08/ 378 RPCD.No.PLFS.BC.80/05.04.02/2007-08June 24, 2008The Chairman/Managing Director All Scheduled Commercial Banks (including Local Area Banks)Dear Sir, Union Budget – 2008-09 – Agricultural Debt Waiver and Debt Relief Scheme, 2008 Please refer to our circular RPCD.No.PLFS.BC. 78 /05.04.02/2007-08@@NBSP@@@@NBSP@@ dated June 19, 2008, on the captioned subject. 2. The clarification provided against query no. 33 in the above circular has been modified by Gove

Union Budget - 2008-09 - Agricultural Debt Waiver and Debt Relief Scheme, 2008

Valuation of Non-SLR securities issued by the Government of India

RBI/2007-2008/376 RPCD.CO.RF.BC.No.79 /07.02.03/2007-08 June 23, 2008 The Chairmen/Chief Executives of all State and Central Co-operative Banks Dear Sir, Valuation of Non-SLR securities issued by the Government of India Please refer to our circular RPCD.No.BC.154/07.02.08/94-95 dated May 23, 1995 on 'Investment Portfolio of Banks –Transactions in Securities'. 2. @@NBSP@@It has been observed that, over the years, the Government of India has, from time to time, issued s

RBI/2007-2008/376 RPCD.CO.RF.BC.No.79 /07.02.03/2007-08 June 23, 2008 The Chairmen/Chief Executives of all State and Central Co-operative Banks Dear Sir, Valuation of Non-SLR securities issued by the Government of India Please refer to our circular RPCD.No.BC.154/07.02.08/94-95 dated May 23, 1995 on 'Investment Portfolio of Banks –Transactions in Securities'. 2. @@NBSP@@It has been observed that, over the years, the Government of India has, from time to time, issued s

Valuation of Non-SLR securities issued by the Government of India

Use of Electronic Mode of Payment for Large Value Transactions

RBI/2007–2008/375 DPSS No. 2096 / 04.04.007 / 2007-2008 June 20, 2008 The Chairman & Managing Director / Chief Executive Officers of all commercial and co-operataive banks Dear Sir / Madam Use of Electronic Mode of Payment for Large Value Transactions A reference is invited to our circular number RBI/2007-08/261 DPSS No. 1407/02.10.02/ 2007-08 dated March 10, 2008 on the captioned subject where in it was mandated that all payment transactions above Rs. 1 crore by

RBI/2007–2008/375 DPSS No. 2096 / 04.04.007 / 2007-2008 June 20, 2008 The Chairman & Managing Director / Chief Executive Officers of all commercial and co-operataive banks Dear Sir / Madam Use of Electronic Mode of Payment for Large Value Transactions A reference is invited to our circular number RBI/2007-08/261 DPSS No. 1407/02.10.02/ 2007-08 dated March 10, 2008 on the captioned subject where in it was mandated that all payment transactions above Rs. 1 crore by

Use of Electronic Mode of Payment for Large Value Transactions

Union Budget - 2008-09 - Agricultural Debt Waiver and Debt Relief Scheme, 2008

RBI/2007-08/373 RPCD.No.PLFS.BC. 78 /05.04.02/2007-08 June 19, 2008 The Chairman/Managing Director All Scheduled Commercial Banks (including Local Area Banks) Dear Sir, Union Budget – 2008-09 – Agricultural Debt Waiver and Debt Relief Scheme, 2008 Please refer to our circular RPCD.No.PLFS.BC.72 /05.04.02/2007-08 dated May 23, 2008, and the Agricultural Debt Waiver and Debt Relief Scheme, 2008, forwarded therewith. Your attention is also invited to our circular RPCD.No

RBI/2007-08/373 RPCD.No.PLFS.BC. 78 /05.04.02/2007-08 June 19, 2008 The Chairman/Managing Director All Scheduled Commercial Banks (including Local Area Banks) Dear Sir, Union Budget – 2008-09 – Agricultural Debt Waiver and Debt Relief Scheme, 2008 Please refer to our circular RPCD.No.PLFS.BC.72 /05.04.02/2007-08 dated May 23, 2008, and the Agricultural Debt Waiver and Debt Relief Scheme, 2008, forwarded therewith. Your attention is also invited to our circular RPCD.No

Union Budget - 2008-09 - Agricultural Debt Waiver and Debt Relief Scheme, 2008

RRBs - PMLA, 2002 - Obligation of Banks

RBI/2007-2008/372RPCD.CO.RRB.No. BC. 77/03.05.33 (E)/2007-08June 18, 2008The Chairmen of all Regional Rural BanksDear SirPrevention of Money Laundering Act, 2002 – Obligation of banks in terms of Rules notified there underPlease refer to our circular RPCD.CO. RRB.AML.BC.68/ 03.05.33(E)/2005-06 dated March 9, 2006. In Paragraph 3 of the said circular, it was advised that banks are required to maintain and preserve information in respect of transactions with its client

RBI/2007-2008/372RPCD.CO.RRB.No. BC. 77/03.05.33 (E)/2007-08June 18, 2008The Chairmen of all Regional Rural BanksDear SirPrevention of Money Laundering Act, 2002 – Obligation of banks in terms of Rules notified there underPlease refer to our circular RPCD.CO. RRB.AML.BC.68/ 03.05.33(E)/2005-06 dated March 9, 2006. In Paragraph 3 of the said circular, it was advised that banks are required to maintain and preserve information in respect of transactions with its client

RRBs - PMLA, 2002 - Obligation of Banks