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Risk Management and Inter Bank Dealings: Hedging under Past Performance Route- Liberalisation of Documentation Requirements in the OTC market
Posted Date : 14-Jan-2015 , 06:34:47 pm | Posted By: CASANSAAR
RBI/2014-15/401A.P. (DIR Series) Circular No.58
January 14, 2015
ToAll Category - I Authorised Dealer Banks
Madam / Sir,
Risk Management and Inter Bank Dealings: Hedging under Past Performance Route- Liberalisation of Documentation Requirements in the OTC market
Attention of Authorised Dealers Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No. FEMA/25/RB-2000 dated May 3...
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Inter-Governmental Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA) - Registration
Posted Date : 09-Jan-2015 , 09:04:40 pm | Posted By: CASANSAAR
RBI/2014-15/397DNBR.CC.PD.No.010/03.10.01/2014-15
January 09, 2015
To
All Non Banking Financial Companies
Dear Sirs,
Inter-Governmental Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA) - Registration
Please refer tocirculars DNBS (PD).CC.No 401/03.10.42/2014-15 dated July 25, 2014andDBR.AML.No.9644/14.07.018/2014-15 dated December 30, 2014on the captioned subject.
2. Government of India has now advised that to avoid withholding tax, Fore...
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Implementation of Basel III Capital Regulations in India – Revised Framework for Leverage Ratio
Posted Date : 09-Jan-2015 , 08:23:54 am | Posted By: CASANSAAR
RBI/2014-15/396DBR.No.BP.BC.58/21.06.201/2014-15
January 8, 2015
The Chairman and Managing Director/Chief Executive OfficerAll Scheduled Commercial Banks(Excluding Regional Rural Banks and Local Area Banks)
Madam / Sir,
Implementation of Basel III Capital Regulations in India – Revised Framework for Leverage Ratio
Please refer to paragraph 20 of the Fourth Bi-Monthly Monetary Policy Statement, 2014-15 announced on September 30, 2014. It was indicated therein that revised guidelines on...
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RBI |
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Gold Loan – Bullet Repayment
Posted Date : 08-Jan-2015 , 05:32:47 pm | Posted By: Rupa Kaushik
RBI/2014-15/395DCBR.CO.BPD (RCB).Cir.No.11/13.05.001/2014-15
January 08, 2015
The Chief Executive OfficerAll State / Central Cooperative Banks (StCBs/CCBs)
Madam / Dear Sir,
Gold Loan – Bullet Repayment
Please refer tocircular RPCD.CO.RF.BC.No.60/07.37.02/2009-10 dated March 5, 2010wherein StCBs/CCBs were permitted to grant gold loans up to Rs. 1.00 lakh with bullet repayment option.
2. On a review, it has been decided to increase the quantum of loan that could be granted und...
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Non-resident guarantee for non-fund based facilities entered between two resident entities
Posted Date : 06-Jan-2015 , 05:57:22 pm | Posted By: Rupa Kaushik
RBI/2014-15/387A.P. (DIR Series) Circular No. 56
January 6, 2015
To
All Authorised Dealer Category - I Banks
Madam /Sir
Non-resident guarantee for non-fund based facilities entered between two resident entities
Attention of Authorised Dealer Category - I (AD Category - I) banks is invited toA. P. (DIR Series) Circular No. 20 dated August 29, 2012in terms of which non-resident guarantee for non-funded facilities such as Letters of Credit/guarantees/Letters of Undertaking (LoU) /Letter of Co...
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Roadmap-Provision of Banking Services in Villages with Population below 2000
Posted Date : 02-Jan-2015 , 03:32:31 pm | Posted By: Rupa Kaushik
RBI/2014-15/382FIDD.CO.LBS.BC.No. 47/02.01.001/2014-15
January 2, 2015
CMDs of all SLBC Convenor Banks and Lead Banks
Dear Sir/Madam,
Roadmap-Provision of Banking Services in Villages with Population below 2000
You are aware that the Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched by the Hon’ble Prime Minister on 28th August, 2014 and Phase I of PMJDY is being implemented through banks in a time bound manner for completion by August 14, 2015.
2. In this connection, attention is i...
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Brand/Name of products offered by authorised entities – Dissemination of Information
Posted Date : 02-Jan-2015 , 03:31:00 pm | Posted By: Rupa Kaushik
RBI/2014-15/381DPSS.CO.AD.No.1204/02.27.005/2014-15
January 2, 2015
All the entities authorised under PSS Act, 2007
Dear Madam/ Sir,
Brand/Name of products offered by authorised entities – Dissemination of Information
As you are aware, under the Payment and Settlement Act, 2007 (PSS Act), an entity operating a payment system within the country has to obtain authorisation from Reserve Bank of India (RBI). The Certificate of Authorisation (COA) issued by the Bank to an entity on receivi...
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Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards
Posted Date : 02-Jan-2015 , 03:29:06 pm | Posted By: Rupa Kaushik
RBI/2014-15/380DPSS. CO. AD. No.1195/02.27.005/2014-15
January 2, 2015
To
All Payment System Providers, System Participantsand Prepaid Payment Instrument Issuers
Dear Sir /Madam,
Anti-Money Laundering (AML) / Combating of Financing of Terrorism (CFT) - Standards
Please refer to our circulars/instructions issued from time to time on the captioned subject. In this regard, we enclose a copy of thecircular DBR.AML. No.6704/14.01.001/2014-15 dated November 5, 2014issued by Department of Banking...
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Security for External Commercial Borrowings
Posted Date : 01-Jan-2015 , 08:04:59 pm | Posted By: CASANSAAR
RBI/2014-15/377A.P. (DIR Series) Circular No. 55
January 01, 2015
To
All Authorised Dealer Category-I Banks
Madam/ Sir
Security for External Commercial Borrowings
Attention of Authorised Dealers Category-I (AD Category-I) banks is invited to Paragraphs 1 (A)(vii) and 1 (B) (vi) ofAnnex to A P (DIR Series) Circular No. 5 dated August 1, 2005andA P (DIR Series) Circular No. 1 dated July 11, 2008relating to creation of charge over securities for External Commercial Borrowings (ECB).
2. Unde...
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Implementation of Cheque Truncation System - Dispensation of the requirement of forwarding of government cheques in physical form to government
Posted Date : 01-Jan-2015 , 04:08:57 pm | Posted By: Rupa Kaushik
RBI/2014-15/375DGBA.GAD.No.H - 2887/42.01.035/2014 -15
January 1, 2015
The Chairman/Chief Executive OfficerAll agency banks
Dear Sir
Implementation of Cheque Truncation System - Dispensation of the requirement of forwarding of government cheques in physical form to government
Please refer to ourcircular DGBA.GAD.No.H - 1463/42.01.035/2014-15 dated September 30, 2014wherein it was stated that the discontinuation of P2F for government cheques was to be implemented with effect from Jan...
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Revised format of reporting - Representative Offices of Foreign Banks in India
Posted Date : 01-Jan-2015 , 08:10:19 am | Posted By: CASANSAAR
RBI/2014-15/374DBR.IBD.No.9745/23.13.001/2014-15
December 31, 2014
The Chief RepresentativeAll Representative Offices of Foreign Banks in India
Madam/Dear Sir,
Revised format of reporting - Representative Offices of Foreign Banks in India
Representative Offices of foreign banks in India are currently required to submit information/documents on an annual basis to Reserve Bank of India as under:
a certificate from the auditor to the effect that during the year no income was earned by/ ac...
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Withdrawal of all old series of Banknotes issued prior to 2005
Posted Date : 01-Jan-2015 , 08:09:29 am | Posted By: CASANSAAR
RBI/2014-15/373DCM(Plg) No.G-8 /3004/10.27.00/2014-15
December 31, 2014
The Chairman / Managing Director/ Chief Executive OfficerAll Scheduled Commercial BanksPrimary(Urban) Co-operative Banks/RRBs
Dear Sir /Madam
Withdrawal of all old series of Banknotes issued prior to 2005
Please refer to ourcircular DCM (Plg) No. G-19/3880/10.27.00/2013-14 dated March 03, 2014and thePress Release dated March 03, 2014on the captioned subject.
2. On a review of the matter, it has been decided to extend t...
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Inter-Governmental Agreement (IGA) with United States of America (US) under Foreign Accounts Tax Compliance Act (FATCA)- Registration
Posted Date : 31-Dec-2014 , 08:26:27 am | Posted By: CASANSAAR
RBI/2014-15/372DBR. AML.No. 9644/14.07.018/2014-15
December 30, 2014
The Chairpersons / CEOs of all Scheduled Commercial BanksRRBs/Local Area Banks / All India Financial Institutions
Dear Madam/Sir,
Inter-Governmental Agreement (IGA) with United States of America (US)under Foreign Accounts Tax Compliance Act (FATCA)- Registration
Please refer to ourcircular DBOD. AML. No. 20472 /14.07.018/2013-14 dated June 27, 2014on the captioned subject.
2. Government of India, has now advised that to a...
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Secondary Market Transactions in Government Securities – Short Selling
Posted Date : 25-Dec-2014 , 11:13:52 am | Posted By: Rupa Kaushik
RBI/2014-15/365FMRD.DIRD.02/14.03.007/2014-15
December 24, 2014
All market participants
Dear Sir/Madam
Secondary Market Transactions in Government Securities – Short Selling
This has reference tocircular IDMD.No.03/11.01.01(B)/2005-06 dated February 28, 2006, as updated videcirculars IDMD.No/11.01.01(B)/2006-07 dated January 31, 2007,IDMD.DOD.No. 3165/ 11.01.01(B) / 2007-08 dated January 1, 2008,IDMD.PCD.14/14.03.07/2011-12 dated December 28, 2011,IDMD....
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Levy of penal charges on non-maintenance of minimum balances in savings bank accounts
Posted Date : 22-Dec-2014 , 06:36:21 pm | Posted By: CASANSAAR
RBI/2014-15/363DBR.RRB.BC.No.55/03.05.33/2014-15
December 22, 2014
All Regional Rural Banks
Dear Sir/Madam,
Levy of penal charges on non-maintenance of minimum balances in savings bank accounts
Please refer to ourcircular RPCD.CO.RRB.BC.No.100/03.05.33/2013-14 dated May 12, 2014on ‘Customer Service in Regional Rural Banks’ advising RRBs to inform customers, in a transparent manner, regarding the requirement of minimum balance in savings bank account and levy of penal charges for...
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Non-Cooperative Borrowers
Posted Date : 22-Dec-2014 , 04:22:43 pm | Posted By: Rupa Kaushik
RBI/2014-15/362DBR.No.CID.BC.54/20.16.064/2014-15
December 22, 2014
All Scheduled Commercial Banks(Excluding RRBs)All-India Term-Lending and Refinancing Institutions(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir / Madam
Non-Cooperative Borrowers
Please refer to ourcircular DBOD.BP.BC.No.97/21.04.132/2013-14 dated February 26, 2014on ‘Framework for Revitalising Distressed Assets in the Economy - Guidelines on Joint Lenders' Forum (JLF) and Corrective Action Plan (CAP)’ which inter-a...
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RBI |
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F-TRAC – Counterparty Confirmation
Posted Date : 19-Dec-2014 , 04:05:44 pm | Posted By: Rupa Kaushik
RBI/2014-15/361FMRD.FMID.01/14.01.02/2014-15
December 19, 2014
All RBI regulated entities
Madam/Sir,
F-TRAC – Counterparty Confirmation
A reference is invited to RBIcircular IDMD.PCD. 13 /14.01.02/2013-14 dated June 25, 2014regarding reporting of OTC trades in Commercial Papers (CPs) and Certificate of Deposits (CDs); and OTC repo trades in corporate debt securities, CPs, CDs and non-convertible debentures (NCDs) of original maturity less than one year on F-TRAC - the reporting platfo...
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Foreign Exchange Management (Deposit) Regulations, 2000 - Exemption thereof
Posted Date : 17-Dec-2014 , 05:18:18 pm | Posted By: Ravich
RBI/2014-15/360A.P. (DIR Series) Circular No.51
December 17, 2014
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Foreign Exchange Management (Deposit) Regulations, 2000- Exemption thereof
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Regulation 4(5) of the Foreign Exchange Management (Deposit) Regulations, 2000, notified videNotification No. FEMA 5/2000-RB dated May 3, 2000, as amended from time to time, in terms of which nothing contained ...
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Decrease in Held to Maturity (HTM) limits for Standalone PDs
Posted Date : 16-Dec-2014 , 08:26:37 am | Posted By: CASANSAAR
RBI/2014-15/351IDMD.PDRD.No.7/03.64.00/2014-15
December 15, 2014
To
All Standalone Primary Dealers
Dear Sir/Madam,
Decrease in Held to Maturity (HTM) limits for Standalone PDs
A reference is invited to ourcircular IDMD.PDRD.No.828/03.64.00/2013-14 dated September 10, 2013and para 10.6 of ourMaster Circular IDMD.PDRD.01/03.64.00/2014-15 dated July 01, 2014on Operational Guidelines to Primary Dealers regarding quantum of securities that can be classified as HTM.
2. Taking into consideration...
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Extension of RTGS time window
Posted Date : 16-Dec-2014 , 08:10:08 am | Posted By: CASANSAAR
RBI/2014–15/352DPSS (CO) RTGS No. 1064 / 04.04.002 / 2014-15
December 15, 2014
The Chairman / Managing Director / ChiefExecutive Officer of participants of RTGS
Madam / Sir,
Extension of RTGS time window
It has been the endeavour of the Reserve Bank of India to keep enhancing the systems, procedures, etc. to meet the growing needs of the markets/ customers. The launch of the new RTGS system in October 2013 was one of the steps taken by the Bank for catering to the growing volume and t...
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Flexible Structuring of Existing Long Term Project Loans to Infrastructure and Core Industries
Posted Date : 15-Dec-2014 , 06:07:52 pm | Posted By: Ravich
RBI/2014-15/354DBR.No.BP.BC.53/21.04.132/2014-15
December 15, 2014
The Chairman and Managing Director/Chief Executive OfficerAll Scheduled Commercial Banks(Excluding Local Area Banks and Regional Rural Banks)
Dear Sir,
Flexible Structuring of Existing Long Term Project Loans toInfrastructure and Core Industries
Please refer to ourcircular DBOD.No.BP.BC.24/21.04.132/2014-15 dated July 15, 2014on Flexible Structuring of Long Term Project Loans to Infrastructure and Core Industries.
2. In ter...
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Special Deposit Scheme 1975 – Payment of interest for the calendar year 2014
Posted Date : 12-Dec-2014 , 09:01:00 pm | Posted By: CASANSAAR
RBI/2014-15/350IDMD (DGBA).CDD.No.2600/15.01.001/2014-15
December 12, 2014
The Chairman & Managing DirectorHead OfficeGovernment Accounts DepartmentState Bank of India / State Bank of PatialaState Bank of Bikaner & Jaipur /State Bank of TravancoreState Bank of Hyderabad / State Bank of MysoreAllahabad Bank / Bank of Baroda / Bank of India / Bank of Maharashtra/Canara Bank / Central Bank of India / Corporation Bank / Dena Bank / Indian Bank/Indian Overseas Bank / Oriental Bank of Commer...
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Levy of Penal Charges on Non-maintenance of Minimum Balances in Savings Bank Accounts
Posted Date : 12-Dec-2014 , 09:00:04 pm | Posted By: CASANSAAR
RBI/2014-15/349DCBR.BPD (PCB/RCB) Cir. No. 3/12.05.001/2014-15
December 12, 2014
The Chief Executive OfficerAll Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (St CBs / CCBs)
Madam / Dear Sir,
Levy of Penal Charges on Non-maintenance of Minimum Balances in Savings Bank Accounts
Please refer to UBDcircular UBD.PCB.Cir.No.15/12.05.001/2008-09 dated September 18, 2008on ‘Display of information relating to interest rate and service charges’ and RPCDCircular...
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Inflation Indexed National Savings Securities - Cumulative, 2013 - Early repayment/redemption
Posted Date : 12-Dec-2014 , 07:42:57 am | Posted By: CASANSAAR
RBI/2014-15/348IDMD(DGBA).CDD.No.2589/13.01.999/2014-15
December 11, 2014
The Chairman & Managing DirectorHead Office (Government Accounts Department)State Bank of India & Associate BanksAll Nationalised BanksICICI Bank Ltd., HDFC Bank Ltd, Axis Bank Ltd., andStock Holding Corporation of India Ltd (SHCIL).
Dear Sir/Madam,
Inflation Indexed National Savings Securities-Cumulative, 2013 - Early repayment/redemption
Please refer to ourcircular DGBA.CDD.No.3688/13.01.999/2013-2014 dated ...
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RIDF and other funds
Posted Date : 10-Dec-2014 , 09:31:55 pm | Posted By: CASANSAAR
RBI/2014-15/345FIDD.CO.Plan.BC.46/04.09.59/2014-15
December 10, 2014
The Chairman/Managing Director/Chief Executive Officer(All Scheduled Commercial Banks excluding RRBs)
Dear Sir/Madam,
RIDF and other funds
Please refer to ourCircular RPCD.CO.Plan.BC.66/04.09.54/2011-12 dated March 16, 2012on the above subject. In this connection, it has been decided to restructure the classification of shortfall and interest payable to banks falling in these categories on deposits placed by them in the ab...
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National Rural livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme
Posted Date : 09-Dec-2014 , 05:40:29 pm | Posted By: Ravich
RBI/2014-15/342FIDD.GSSD.CO.BC.No.45/09.01.03/ 2014-15
December 09, 2014
The Chairman / Managing DirectorAll Public and Private Sector Banks
Dear Sir / Madam,
National Rural livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme
Please refer to ourcircular RPCD.GSSD.CO.BC.No.57/09.01.03/2013-14 dated November 19, 2013on Interest Subvention Scheme under National Rural Livelihoods Mission (NRLM).
2. The revised guidelines for the year 2014-15 on Interest Subvention...
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Introduction of Digital Life Certificates for Pensioners
Posted Date : 09-Dec-2014 , 05:38:30 pm | Posted By: Ravich
RBI/2014-2015/344A.P.(DIR Series) Circular No.48
December 09, 2014
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Overseas Investments by Alternative Investment Funds (AIF)
Attention of the Authorised Dealer (AD - Category I) banks is invited to Regulation 26 ofNotification No. FEMA.120/RB-2004 dated July 7, 2004[Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from ...
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Overseas Investments by Alternative Investment Funds (AIF)
Posted Date : 09-Dec-2014 , 05:35:53 pm | Posted By: Ravich
RBI/2014-2015/344A.P.(DIR Series) Circular No.48
December 09, 2014
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Overseas Investments by Alternative Investment Funds (AIF)
Attention of the Authorised Dealer (AD - Category I) banks is invited to Regulation 26 ofNotification No. FEMA.120/RB-2004 dated July 7, 2004[Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from ...
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Foreign Direct Investment (FDI) in India – Review of FDI policy –Sector Specific conditions
Posted Date : 08-Dec-2014 , 05:44:58 pm | Posted By: Rupa Kaushik
RBI/2014-15/339A.P.(DIR Series) Circular No.45
December 8, 2014
To
All Category – I Authorised Dealer banks
Madam/Sir,
Foreign Direct Investment (FDI) in India – Review of FDI policy –Sector Specific conditions
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Annex B of Schedule 1 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000(the Principal Regulations) no...
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Foreign Direct Investment (FDI) in India – Review of FDI policy –Sector Specific conditions- Defence
Posted Date : 08-Dec-2014 , 05:43:17 pm | Posted By: Rupa Kaushik
RBI/2014-15/340A.P. (DIR Series) Circular No. 46
December 8, 2014
To
All Category – I Authorised Dealer banks
Madam/Sir,
Foreign Direct Investment (FDI) in India – Review of FDI policy –Sector Specific conditions- Defence
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Regulation 14 and Annex B of Schedule 1 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside I...
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