July 1, 2013
All Commercial Banks
(Excluding Local Area Banks and Regional Rural Banks)
Please refer to the Master Circular DBOD.BP.BC.16/21.06.001/2012-13 dated July 2, 2012, consolidating therein the guidelines issued to banks till that date.
2. The aforesaid Master Circular has been suitably updated by incorporating relevant instructions issued up to June 30, 2013 listed in Annex 16 and has been placed on the RBI website (http://www.rbi.org.in).
3. The Master Circular does not cover the guidelines on Basel III capital regulations issued on May 2, 2012, which has become effective from April 1, 2013, in a phased manner. However, these guidelines may be referred to during the Basel III transition period for regulatory adjustments/ deductions up to March 31, 2017 as stated in our Master Circular DBOD.No.BP.BC. 2/21.06.201/2013-14 dated July 1, 2013 on Basel III Capital Regulations.
Principal Chief General Manager