MoF :: Expert committee on short term cooperative credit structure (STCCS) gives its recommendations
The Expert Committee, in its report submitted to the Reserve Bank of India (RBI), inter alia, noted that the share of Short Term Cooperative Credit Structure (STCCS) in providing agricultural credit has fallen to a mere 17% although there are small pockets where its share is more than 50%. The Expert Committee has, inter alia, given… Read More
Tags: Business, CBS, Government, NABARD, National Bank for Agriculture and Rural Development, rbi, Reserve Bank of India, Run batted in
Cabinet Approves interest subvention scheme to provide short-term crop loans to farmers
Interest Subvention to Public Sector Banks (PSBs), Private Sector Banks, Cooperative Banks and Regional Rural Banks (RRBs) and to NABARD for refinance to RRBs and Cooperative Banks for providing short-term crop loan to farmers at interest rate of 7 per cent per annum The Union Cabinet today approved continuation of the interest subvention scheme to… Read More
Tags: Bank, Government, Interest, Kisan Credit Card, Loan, National Bank for Agriculture and Rural Development, Regional Rural Bank, Subsidy
Master Circular – Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by FIs
RBI/2013-14/79 DBOD.No.FID.FIC.3/01.02.00/2013-14 July 1, 2013 The CEOs of the All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular - Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by FIs Please refer to Master Circular DBOD.No.FID.FIC.3/01.02.00/2012-13 dated July 02, 2012 on the captioned subject. The enclosed Master Circular consolidates and updates… Read More
Tags: EXIM bank, India, Master Circular, National Bank for Agriculture and Rural Development, Rajesh Verma, Reserve Bank of India, Small Industries Development Bank of India, Valuation
Master Circular on SHG-Bank Linkage Programme
RBI/ 2013-14/89 RPCD.FID. BC.No.10/12.01.033/2013-14 July 01, 2013 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… Read More
Tags: Appendix, Commercial bank, General manager, India, June 30 2013, Master Circular, NABARD, National Bank for Agriculture and Rural Development, Non-governmental organization, Reserve Bank of India, Run batted in, Self Help Groups, Working Group
Revision to the Guidelines on Securitisation Transactions-Reset of Credit Enhancement
RBI/2013-14/111 DBOD.No.BP.BC- 25/21.04.177/2013-14 July 1, 2013 The Chairman and Managing Director / Chief Executive Officer of All Scheduled Commercial Banks (Excluding RRBs and Local Area Banks) and All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Revision to the Guidelines on Securitisation Transactions-Reset of Credit Enhancement Please refer to the… Read More
Tags: Central bank, Credit enhancement, Credit rating agency, India, National Bank for Agriculture and Rural Development, Principal Chiefs of the Cherokee, Securitization, Small Industries Development Bank of India
Master Circular – Disclosure Norms for Financial Institutions
RBI/2013-14/78 DBOD.No.FID.FIC.2/01.02.00/2013-14 July 1, 2013 The CEOs of the All-India Term- lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular - Disclosure Norms for Financial Institutions Please refer to the Master Circular DBOD.No.FID.FIC.2/01.02.00/2012-13 dated July 02, 2012 on the above subject. The enclosed Master Circular consolidates and updates all the instructions / guidelines on… Read More
Tags: All-India Financial Institutions, EXIM bank, Financial institution, India, Master Circular, Master Circulars 1st July 2013, National Bank for Agriculture and Rural Development, Rajesh Verma, Small Industries Development Bank of India
Master Circular – Exposure Norms for Financial Institutions
RBI/2013-14/80 DBOD.FID.FIC.No.4/01.02.00/2013-14 July 1, 2013 The CEOs of the All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular - Exposure Norms for Financial Institutions Please refer to the Master Circular DBOD.No.FID.FIC.4/01.02.00/2012-13 dated July 02, 2012 on the captioned subject. The enclosed Master Circular consolidates and updates all the instructions / guidelines on the… Read More
Tags: EXIM bank, Financial institution, General manager, India, Loan, Master Circular, Master Circulars 1st July 2013, National Bank for Agriculture and Rural Development, Non-banking financial company, Rajesh Verma, Small Industries Development Bank of India
Master Circular on Money Transfer Service Scheme
RBI/2013-14/1 Master Circular No.1/2013-14 July 01, 2013 To All Authorised Persons, who are Indian Agents under the Money Transfer Service Scheme Madam / Sir, Master Circular on Money Transfer Service Scheme Money Transfer Service Scheme (MTSS) is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India. Only inward… Read More
Tags: All-India Financial Institutions, chartered accountant, Company Secretary, EXIM bank, Financial institution, General manager, India, Indirect tax, Master Circular, Master Circulars 1st July 2013, National Bank for Agriculture and Rural Development, Rajesh Verma, Small Industries Development Bank of India
RBI Clarification – Financing of Infrastructure – Definition of ‘Infrastructure Lending’
RBI/2012-13/561 DBOD.BP.BC.No. 106/ 08.12.014 / 2012-13 June 28, 2013 All Scheduled Commercial Banks (excluding RRBs) and All India Term-Lending and Refinancing Institutions (EXIM Bank, NABARD, NHB and SIDBI) Dear Sir, Financing of Infrastructure - Definition of 'Infrastructure Lending' Please refer to our circular DBOD.BP.BC.No.58/08.12.014/2012-13 dated November 20, 2012 on ˜Definition of Infrastructure Lending™, whereby our definition of… Read More
Tags: Electric power distribution, EXIM bank, India, Investment, National Bank for Agriculture and Rural Development, Pipeline transport, Small Industries Development Bank of India, Waste management
Waiving Off Farmer™s Loans
In order to provide relief to bank borrowers in times of natural calamities, Reserve Bank of India has issued standing guidelines to banks. The relief measures, inter alia, include conversion of the principal amount outstanding in the crop loans and agriculture term loans as well as accrued interest thereon into term loans for period ranging… Read More
Tags: Andhra Pradesh, Andhra Pradesh government, East Godavari district, Khammam, National Bank for Agriculture and Rural Development, Reserve Bank of India, Srikakulam, West Godavari district
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