March 31 2014

Withdrawal of all old series of Banknotes issued prior to 2005

RBI/2013-2014/467 DCM(Plg) No.G-17/3231/10.27.00/2013-14 January 23, 2014 The Chairman / Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Primary(Urban) Co-operative Banks/RRBs Dear Sir /Madam Withdrawal of all old series of Banknotes issued prior to 2005 As you are aware, RBI has been following a policy of phasing out of certain series of banknotes from time… Read More

Tags: BanknoteBranch (banking)General managerLegal tenderMarch 31 2014Reserve Bank of IndiaRun batted inSanjeev Sharma

Priority Sector Lending Classification

RBI/2013-14/379 RPCD.CO.Plan. BC 59/04.09.01/2013-14 November 25, 2013 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Dear Sir, Priority Sector Lending Classification Please refer to the press release dated November 18, 2013 on the above subject. 2. In view of the reasons explained therein, it is decided to include incremental bank loans… Read More

Tags: AirlineLoanMarch 31 2014November 13 2013Priority Sector LendingRegional Rural BankReserve Bank of IndiaRun batted in

RBI Clarification on Interest Rates on Rupee Export Credit

RBI/2012-13/519 UBD.BPD. (AD) Cir.No.4/13.05.000/2012-13 June  4 , 2013 The Chief Executive Officer Scheduled Primary (Urban) Co-operative Banks (holding AD Category I licence) Dear Sir/Madam Interest Rates on Rupee Export Credit -UCBs Please refer to our circular UBD.BPD.(AD).Cir.No.2/13.05.000/2012-13 dated January 22, 2013 on the captioned subject, extending the interest subvention of 2% up to  March 31, 2014 on… Read More

Tags: Alloy steelAnnex- IIBankGovernment of IndiaIndian rupeeITCMarch 31 2014SHPS

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