| Notifications/Circulars |
Category : RBI |
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CENTRAL BOARD OF ECISE AND CUSTOMS
Posted Date : 09-Jul-2016 , 11:01:34 am | Posted By: CASANSAAR
S.O. (E). - In exercise of the powers conferred by clause (ii) of sub-section (2) of section 61 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue), number 18/2003-Customs, dated 1st march 2003, published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section(i),vide number...
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Discontinuation of Reporting of Bank Guarantee on behalf of service importers
Posted Date : 09-Jul-2016 , 10:56:30 am | Posted By: CASANSAAR
Dear Sir
Revision of interest rates for Small Savings Schemes
Please refer to ourcircular RBI/2014-15/536 dated April 1, 2015on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS.II dated March 18, 2016, advised the revised rate of interest on various small savings schemes for the first quarter of the financial year 2016-17 (copy enclosed).
2. The contents of this circular may be brought to the notice of the branches of your b...
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CENTRAL BOARD OF ECISE AND CUSTOMS
Posted Date : 09-Jul-2016 , 10:53:08 am | Posted By: CASANSAAR
Customs (N.T.) S.O. (E). - In exercise of the powers conferred by clause (a) of sub-section (1) of the section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 62/1994 –Customs (N.T), dated the 21st November, 1994, published in the Gazette of India, vide number S.O. 829 (E), dated the 21st November, 1994, name...
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Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM)
Posted Date : 09-Jul-2016 , 10:44:05 am | Posted By: CASANSAAR
Dear Sir/Madam,
Master Circular: Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM)
Reserve Bank of India has periodically issued instructions/directives to banks with regard to operationalisation of the Government of India’s National Urban Livelihoods Mission (NULM) Scheme now renamed as “Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM)”. To enable banks to have current instructions at one place, thisMaster Circularis being...
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Operationalisation of Central KYC Registry (CKYCR) and KYC norms for Foreign Portfolio Investors (FPIs)
Posted Date : 08-Jul-2016 , 10:35:32 pm | Posted By: CASANSAAR
RBI/2016-2017/11
DBR.AML.BC.No.1/14.01.001/2016-17
July 8, 2016
All Regulated Entities (REs)
Dear Sir/Madam,
Amendment to Master Direction on KYC – Operationalisation of Central KYC Registry (CKYCR) and KYC norms for Foreign Portfolio Investors (FPIs)
In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, the Reserve Bank of India hereby directs that the Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016Master Direction No....
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Long Term (Subordinated) Deposits (LTDs) – Review of guidelines
Posted Date : 08-Jul-2016 , 10:31:43 pm | Posted By: CASANSAAR
RBI/2016-17/7
DCBR.BPD.Cir No. 21/09.18.201/2016-17
Ashadha 16, 1938
July 7, 2016
All Primary (Urban) Co-operative Banks (UCBs),
State / District Central Co-operative Banks (StCBs / DCCBs)
Dear Sir / Madam
Long Term (Subordinated) Deposits (LTDs) – Review of guidelines
Please refer to ourcirculars UBD.PCB.Cir.No.4/09.18.201/08-09 dated July 15, 2008andRPCD.RCB.BC.73/07.51.012/2013-14 dated January 7, 2014prescribing guidelines for issue of Long Term (Subordinated) Deposit...
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RBI |
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Revision of interest rates for Small Savings Schemes
Posted Date : 08-Jul-2016 , 10:31:00 pm | Posted By: CASANSAAR
RBI/2016-17/6
DGBA. GAD.13/15.02.005/2016-17
July 7, 2016
The Chairman/Chief Executive Officer
Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014,
Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004
Dear Sir
Revision of interest rates for Small Savings Schemes
Please refer to ourcircular DGBA.GAD.3175/15.02.005/2015-16 dated April 7, 2016on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS...
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Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Posted Date : 08-Jul-2016 , 10:30:22 pm | Posted By: CASANSAAR
RBI/2016-17/05
FIDD.CO.GSSD.BC.No.03/09.09.01/2016-17
July 01, 2016
The Chairman / Managing Director
All Scheduled Commercial Banks
Dear Sir,
Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Please refer to theMaster Circular FIDD.CO.GSSD.BC.No 06/09.09.01/2015-16 dated July 01, 2015consolidating guidelines / Instructions / directions issued to banks ...
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Master Circular- Credit Facilities to Minority Communities
Posted Date : 08-Jul-2016 , 10:29:48 pm | Posted By: CASANSAAR
RBI/2016-17/04
FIDD.GSSD.BC.No.01/09.10.01/2016-17
July 1, 2016
The Chairman/ Managing Director
All Scheduled Commercial Banks
Dear Sir,
Master Circular- Credit Facilities to Minority Communities
Please refer to ourMaster Circular FIDD.GSSD.BC.No.05/09.10.01/2015-16 dated July 01, 2015, consolidating the instructions / guidelines / directives issued to banks till that date relating to Credit Facilities to Minority Communities. TheMaster Circularhas been suitably updated by incor...
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Master Circular on SHG-Bank Linkage Programme
Posted Date : 08-Jul-2016 , 10:28:34 pm | Posted By: CASANSAAR
RBI/2016-17/3
FIDD.FID.BC.No.06/12.01.033/2016-17
July 01, 2016
The Chairman/ Managing Director/
Chief Executive Officer
All Scheduled Commercial Banks
Dear Sir
Master Circular on SHG-Bank Linkage Programme
The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable the banks to have instructions at one place, aMaster Circularincorporating the existing guidelines/instructions on the subj...
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Master Circular - Lead Bank Scheme
Posted Date : 08-Jul-2016 , 10:27:18 pm | Posted By: CASANSAAR
RBI/2016-17/02
FIDD.CO.LBS.BC.No.5/02.01.001/2016-17
July 1, 2016
The Chairmen and Managing Directors
SLBC Convenor Banks/Lead Banks
Dear Sir/Madam
MASTER CIRCULAR – Lead Bank Scheme
The Reserve Bank of India has issued guidelines on Lead Bank Scheme from time to time. This Master Circular consolidates the relevant guidelines issued by Reserve Bank of India on Lead Bank Scheme up to June 30, 2016 as listed in theAppendix.
2. ThisMaster Circularhas been placed on the RBI...
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Pre-2005 series of Banknotes - Revision of exchange facility
Posted Date : 01-Jul-2016 , 08:38:30 am | Posted By: CASANSAAR
RBI/2015-16/443
DCM (Plg) No.G-12/4297/10.27.00/2015-16
June 30, 2016
The Chairman / Managing Director / Chief Executive Officer
All Scheduled Commercial Banks
Primary (Urban) Co-operative Banks / RRBs /State Co-operative Banks /
District Central Co-operative Banks
Madam / Dear Sir,
Pre-2005 series of Banknotes - Revision of exchange facility
Please refer to ourcircular DCM (Plg) No.G-8/2331/10.27.00/2015-16 dated December 23, 2015,DCM (Plg) No.G-9/2856/10.27.00/2015-16 dated ...
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RBI |
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Performance Audit of Crop Insurance Schemes
Posted Date : 01-Jul-2016 , 08:37:55 am | Posted By: CASANSAAR
RBI/2015-16/442
FIDD.No.FSD.BC.28/05.10.007/2015-16
June 30, 2016
The Chairman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Madam / Sir,
Performance Audit of Crop Insurance Schemes
The Comptroller and Auditor General is conducting a performance audit of agricultural crop insurance schemes to examine the efficacy of crop insurance in providing succour to farmers who suffer damage to their crops. This audit is proposed ...
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Issue of authorization for opening Controlling Offices (Regional/Zonal/Administrative Offices) u/s 23 of the Banking Regulation Act, 1949 (AACS)
Posted Date : 01-Jul-2016 , 08:35:41 am | Posted By: CASANSAAR
RBI/2015-16/438
DCBR.CO.LS (PCB) Cir.No.19/07.01.000/2015-16
June 30, 2016
Chief Executive Officers of all
Primary (Urban) Co-operative Banks
Dear Sir / Madam,
Issue of authorization for opening Controlling Offices (Regional/Zonal/Administrative Offices) u/s 23 of the Banking Regulation Act, 1949 (AACS)
As you are aware, licence under section 23 of the BR Act, 1949 (AACS) is required for opening Controlling Offices (Regional/Zonal/Administrative Office) in terms of instructions ...
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Amendment in rules for implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
Posted Date : 01-Jul-2016 , 08:34:53 am | Posted By: CASANSAAR
RBI/2015-16/437
DCBR.BPD (PCB) Cir.No.20/12.05.001/2015-16
Ashadha 9, 1938
June 30, 2016
The Chief Executive Officer
All Primary (Urban) Co-operative Banks
Dear Sir/ Madam,
Amendment in rules for implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
Please refer to ourcircular DCBR. BPD(PCB)Cir.No.8/12.05.001/2014-15 dated May 5, 2015on modalities for Implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY)....
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Guidelines for relief measures by banks in areas affected by natural calamities-utilisation of insurance proceeds
Posted Date : 01-Jul-2016 , 08:34:05 am | Posted By: CASANSAAR
RBI/2015-16/436
FIDD.No.FSD.BC.27/05.10.001/2015-16
June 30, 2016
The Chairman/ Managing Director /Chief Executive Officer
[All Scheduled Commercial Banks, (excluding Regional Rural Banks)]
Madam / Sir
Guidelines for relief measures by banks in areas affected by natural calamities-
utilisation of insurance proceeds
In terms of para 6.13 of theMaster Circular FIDD.No.FSD.BC.01/05.10.001/2015-16 dated July 1, 2015, while restructuring the loans in the areas affected by natural ca...
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RBI |
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Quarterly reporting system- Foreign branches/ subsidiaries/ joint ventures/ associates of Indian banks
Posted Date : 01-Jul-2016 , 08:32:56 am | Posted By: CASANSAAR
RBI/2015-16/435
DBS.CO.PPD.15123/11.01.021/2015-16
June 30, 2016
The Chief Executives of
Scheduled Commercial Banks
Dear Sir/ Madam,
Quarterly reporting system- Foreign branches/ subsidiaries/ joint ventures/ associates of Indian banks
Kindly refer to our circular DBS.CO.PP.BC 11/11.01.005/2007-08 dated March 24, 2008 on Quarterly reporting system- foreign branches/ subsidiaries/ joint ventur...
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Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs - RBI
Posted Date : 24-Jun-2016 , 08:43:27 am | Posted By: CASANSAAR
RBI/2015-16/433
DNBS (PPD) CC.No./04/66.14.001/2015-16
June 23, 2016
To CEOs of All NBFCs (excluding RNBCs) and
The President of ICAI
Dear Sir/Madam,
Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs
Please refer to theNotification No. DNBS 192/DG (VL) dated Feb 22, 2007prescribing Prudential Norms Directions. In terms of the extant instructions, all NBFCs are req...
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RBI |
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Reporting of Information on Investment in Commercial Papers and Unhedged Foreign Currency Exposures of the Borrowers to Credit Information Companies
Posted Date : 24-Jun-2016 , 08:42:42 am | Posted By: CASANSAAR
RBI/2015-16/432
DBR.CID.BC. 107/20.16.056/2015-16
June 23, 2016
All Scheduled Commercial Banks
All India Financial Institutions
Credit Information Companies
Dear Sir / Madam
Reporting of Information on Investment in Commercial Papers and Unhedged Foreign Currency Exposures of the Borrowers to Credit Information Companies
Please refer to ourcircular DBOD.No.CID.BC.127/20.16.056/2013-14 dated June 27, 2014advising banks to implement certain recommendations of the Committee to Rec...
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Implementation of Indian Accounting Standards (Ind AS) - RBI
Posted Date : 24-Jun-2016 , 08:39:59 am | Posted By: CASANSAAR
RBI/2015-16/429
DBR.BP.BC.No.106/21.07.001/2015-16
June 23, 2016
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Madam / Dear Sir,
Implementation of Indian Accounting Standards (Ind AS)
Please refer tocircular DBR.BP.BC.No.76/21.07.001/2015-16 dated February 11, 2016on the captioned subject in terms of which banks have been directed to be in preparedness to submit Proforma Ind AS Financial Statements to the Reserve Bank from the half-year ended September 30, 2016...
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Reporting Requirements under Basel III Capital Regulations- Review
Posted Date : 24-Jun-2016 , 08:39:17 am | Posted By: CASANSAAR
RBI/2015-16/428
DBR.BP.BC.No.105/21.06.001/2015-16
June 23, 2016
All Commercial Banks
(Excluding Local Area Banks and Regional Rural Banks)
Dear Sir,
Reporting Requirements under Basel III Capital Regulations- Review
Please refer to the Annexures 3 and 4 of theMaster Circular DBR.No.BP.BC.1/21.06.201/2015-16 dated July 1, 2015on Basel III Capital Regulations in terms of which banks are permit...
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RBI |
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Master Direction - Presentation, Disclosure and Reporting) Directions, 2016
Posted Date : 24-Jun-2016 , 08:38:31 am | Posted By: CASANSAAR
RBI/DBR/2015-16/26
Master Direction DBR.FID.No.108/01.02.000/2015-16
June 23, 2016
Master Direction - Reserve Bank of India (Financial Statements of All India Financial
Institutions - Presentation, Disclosure and Reporting) Directions, 2016
In exercise of the powers conferred by Section 45 L of the Reserve Bank of India Act, 1934, the Reserve Bank of India being satisfied that it is necessary and expedient in the public interest and in the interest of financial sector policy so to do,...
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RBI |
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RBI introduce a Scheme for Sustainable Structuring of Stressed Assets
Posted Date : 14-Jun-2016 , 07:56:49 am | Posted By: CASANSAAR
RBI/2015-16/422
DBR.No.BP.BC.103/21.04.132/2015-16
June 13, 2016
All Scheduled Commercial Banks
(Excluding RRBs),
All-India Term-lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Non-Banking Financial Companies
Securitisation Companies/ Reconstruction Companies
Scheme for Sustainable Structuring of Stressed Assets
In order to strengthen the lenders’ ability to deal with stressed assets, Reserve Bank of India has been issuing, from time to time, guide...
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RBI |
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Spread Over of Shortfall on Sale of NPAs to SCs/RCs
Posted Date : 14-Jun-2016 , 07:54:28 am | Posted By: CASANSAAR
RBI/2015-16/423
DBR.No.BP.BC.102/21.04.048/2015-16
June 13, 2016
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)
Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances –
Spread Over of Shortfall on Sale of NPAs to SCs/RCs
In terms of paragraph 3.4 ofcircular DBOD.BP.BC.No.98/21.04.132/2013-14 dated February 26, 2014, as an incentive for early sale of non-performing assets (NPAs) to Securitisation Companies/Reconst...
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National Rural livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme
Posted Date : 10-Jun-2016 , 06:53:15 am | Posted By: CASANSAAR
RBI/2015-16/420
FIDD.GSSD.CO.BC.No.26/09.01.03/2015-16
June 09, 2016
The Chairman / Managing Director
All Public Sector Banks
Dear Sir / Madam,
National Rural livelihoods Mission (NRLM) – Aajeevika -
Interest Subvention Scheme
Please refer to ourcircular FIDD.GSSD.CO.BC.No.19/09.01.03/2015-16 January 21, 2016enclosing guidelines on interest subvention scheme under National Rural Livelihoods Mission (NRLM).
2. In partial modification of the Scheme, Ministry of Rural Dev...
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RBI |
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Cyber Security Framework in Banks
Posted Date : 03-Jun-2016 , 07:36:32 am | Posted By: CASANSAAR
RBI/2015-16/418
DBS.CO/CSITE/BC.11/33.01.001/2015-16
Jyeshtha 12, 1938 (saka)
June 2, 2016
To
The Chairman/ Managing Director /Chief Executive Officer
All Scheduled Commercial Banks (excluding Regional Rural Banks)
Madam / Dear Sir,
Cyber Security Framework in Banks
Introduction
Use of Information Technology by banks and their constituents has grown rapidly and is now...
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RBI |
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Refinancing of Project loans
Posted Date : 03-Jun-2016 , 07:35:36 am | Posted By: CASANSAAR
RBI/2015-16/417
DNBR.CC.PD.No.082/03.10.001/2015-16
June 02, 2016
To
All Non-Banking Financial Companies
Dear Sirs,
Refinancing of Project Loans
Please refer tocircular DNBS.(PD).CC.No.371/03.05.02/2013-14 dated March 21, 2014, issued by Department of Non-Banking Supervision on Early Recognition of Financial Distress, Prompt Steps for Resolution and Fair Recovery for Lenders: Framework for Revitalising Distressed Assets in the Economy.
2. In view of the references received ...
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RBI |
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ATMs - Security and Risk Mitigation Measures for Card Present (CP) Transactions
Posted Date : 27-May-2016 , 07:56:43 am | Posted By: CASANSAAR
RBI/2015-2016/413
DPSS.CO.PD.No./2895/02.10.002/2015-2016
May 26, 2016
The Chairman and Managing Director / Chief Executive Officers
All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks /
State Co-operative Banks / District Central Co-operative Banks/ Authorised ATM Network Operators /
Card Payment Network Operators/White Label ATM Operators
Madam / Sir,
ATMs - Security and Risk Mitigation Measures for Card Present (CP) Transactions
Please refer to ourcircu...
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RBI |
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Credit information reporting in respect of Self Help Group (SHG) members
Posted Date : 27-May-2016 , 07:53:53 am | Posted By: CASANSAAR
RBI/2015-16/409
DCBR.BPD.Cir.No.17/16.74.000/2015-16
Jyeshtha 5, 1938 (saka)
May 26, 2016
The Chief Executive Officers
All Primary (Urban) Co-operative Banks,
State / Central Co-operative Banks
Dear Sir/Madam
Credit information reporting in respect of Self Help Group (SHG) members
Please refer to the instructions contained in paragraph (v) of the Annex II/III to ourcirculars UBD...
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RBI |
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Review of Framework for Revitalising Distressed Assets in the Economy and Strategic Debt Restructuring Mechanism
Posted Date : 27-May-2016 , 07:53:00 am | Posted By: CASANSAAR
RBI/2015-16/408
DNBR.CC.PD.No.081/03.10.01/2015-16
May 26, 2016
To
All Non-Banking Financial Companies (NBFCs)
Madam/Sir,
Review of Framework for Revitalising Distressed Assets in the Economy and Strategic Debt Restructuring Mechanism
The Reserve Bank of India (the Bank) has issued various guidelines aimed at revitalising the stressed assets in the economy. The measures taken by the Bank include Strategic Debt Restructuring Mechanism, Framework to Revitalise the Distressed Asset...
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