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Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR
Posted Date : 07-Sep-2011 , 10:36:09 pm | Posted By: Vasu Butti
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All Category - I Authorised Dealer Banks
Madam / Sir,
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985between Government of India and erstwhile USSR
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited toA.P. (DIR Series) Circular No.41 dated February 11, 2011, wherein the Rupee value of the special currency basket was indicated asRs.64.7004 effective from January 31, 2011.
2. AD Category-I banks are advised that a further revision has ta...
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RBI |
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Submission of Credit Information to Credit Information Companies
Posted Date : 07-Sep-2011 , 10:33:55 pm | Posted By: Vasu Butti
Chairmen/Managing Directors/CEOsAll Scheduled Commercial Banks(excluding RRBs and LABs)All India Notified Financial Institutions
Dear Sir,
Submission of Credit Information to Credit Information Companies –Defaulters ofRs.1 Crore and above andWilful Defaulters ofRs.25 lakh and above –Dissemination of Credit Information of suit-filed accounts
Please refer to ourCirculars DBOD.No.DL.BC.111/20.16.001/2001-02 dated June 4, 2002regarding submission of credit information to Credi...
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RBI |
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RTGS service charges for members
Posted Date : 07-Sep-2011 , 02:25:04 am | Posted By: Anjali Arora
RBI/2011-12/166
DPSS (CO) RTGS No.388/04.04.002/2011-2012
September 05, 2011
Chairman and Managing Director /Chief Executive Officer of all RTGS participants
Madam / Dear Sir,
RTGS service charges for members
As you are aware, the Reserve Bank of India has not been levying any service charges on the members for the usage of the RTGS system since its inception.
2. In consultation with stakeholders it has since been decided to levy service charges for all outward transacti...
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RBI |
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Enhancement of Rates of Provisioning for Non-Performing Assets and Restructured Advances
Posted Date : 10-Jun-2011 , 05:19:41 am | Posted By: CASANSAAR
RBI 2010-11/529DBOD.No.BP.BC. 94/21.04.048/2011-12
May 18, 2011
The Chairman and Managing Directors / Chief Executive OfficersAll Scheduled Commercial Banks (Excluding RRBs)
Dear Sir/ Madam
Enhancement of Rates of Provisioning for Non-Performing Assets andRestructured Advances
Please refer to paragraph 110 of the Monetary Policy Statement for the year 2011-12 (extract enclosed) wherein it was proposed to enhance the provisioning requirements on certain categories of non-performing advances ...
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Regulatory and Audit Compliance
Posted Date : 08-Jun-2011 , 09:03:15 pm | Posted By: CASANSAAR
RBI/2010-11/520Ref.DBS.ARS.BC. No.07/ 08.91.020/ 2010-11
May 11, 2011
The Chief Executives OfficersAll foreign banks operating in India
Dear Sir/Madam,
Regulatory and Audit Compliance
It is observed that Indian operations of foreign banks functioning in India as branches of the parent banks generally do not have a separate Audit Committee vested with the responsibility of examining and reviewing inspection/audit reports for their compliance. In the recent past, there have been concerns abou...
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