Self Help Groups

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: AppendixCommercial bankGeneral managerIndiaJune 30 2013Master CircularNABARDNational Bank for Agriculture and Rural DevelopmentNon-governmental organizationReserve Bank of IndiaRun batted inSelf Help GroupsWorking Group

CLR Snippets | Progress on India™s first Women™s Bank

The Finance Minister in his Union Budget Speech for the year 2013-14 on February 28, 2013 announced the proposal to set up India™s first Women™s Bank as public sector bank with an initial outlay of Rs. 1,000 crore which can lend mostly to women and women-run businesses, that supports women Self Help Groups (SHGs) and… Read More

Tags: BankBusinessCommitteeFinance MinisterGovernmentIndiaLok SabhaSelf Help Groups

Self Help Groups – UCBs to Simplify KYC / AML norms

UCBs to Simplify KYC / AML norms for Self Help Groups RBI/2012-13/469 UBD.BPD (PCB) Cir. No.46 /14.01.062/2012-13 April 3, 2013 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Measures/Combating of Financing of Terrorism (CFT) / Obligations of banks under Prevention of Money Laundering Act (PMLA),… Read More

Tags: Know Your CustomerKYCModern Language Associationmoney launderingPrevention of Money Laundering Act 2002Self Help GroupsTerrorism financing

RBI Simplifies KYC / AML Norms for Self Help Groups

RBI/2012-13/461 RPCD.RCB.RRB.AML.BC.No.71/07.51.018/2012-13 April 01, 2013 The Chairmen / CEOs of all Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Know Your Customer (KYC) norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 - Simplifying KYC / AML norms for Self… Read More

Tags: Know Your CustomerKYCModern Language Associationmoney launderingPrevention of Money Laundering Act 2002Self Help GroupsTerrorism financing

KYC norms compliance for Self Help Groups simplified by RBI

RBI/2012-13/459 DBOD.AML.BC. No.87/14.01.001/2012-13 March 28, 2013 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/Local Area Banks / All India Financial Institutions Dear Sir, Know Your Customer (KYC) norms /Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 - Simplifying norms for Self… Read More

Tags: Know Your CustomerKYCModern Language Associationmoney launderingPrevention of Money Laundering Act 2002Self Help GroupsTerrorism financing

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