Statutory Liquidity Ratio | Corporate Law Reporter

Revised guidelines on lending to Priority Sector for UCBs

RBI/2013-14/318 UBD CO BPD (PCB) MC. No.18/09.09.001/2013-14 October 8, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Revised guidelines on lending to Priority Sector for UCBs Please refer to our circular UBD PCB Cir. No.11/09.09.01/2007-08 dated August 30, 2007 and the amendments thereto issued from time to time on the captioned… Read More

Tags: Financial institution, India, Loan, Micro & Small Enterprises, Off-Balance Sheet Exposure, Printed circuit board, Priority Sector Lending, Reserve Bank of India, Statutory Liquidity Ratio

Review of Norms for Classification of Financially Sound and Well Managed UCBs

RBI/2013-14/308 UBD.CO.LS.(PCB).Cir.No.24/07.01.000/2013-14 October 1, 2013 Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir/ Madam, Review of norms for classification of Financially Sound and Well Managed (FSWM) Urban Co-operative Banks (UCBs) Please refer to para 1 of our circular ref: UBD.CO.LS.Cir.No.25/07.01.000/2010-11 dated November 16, 2010 wherein the eligibility criteria regarding FSWM UCBs were laid down.… Read More

Tags: Bank, General manager, Printed circuit board, Reserve Bank of India, Run batted in, Statutory Liquidity Ratio, Urban, Urban area

RBI Clarification on Deregulation of Interest Rates on Non-Resident External Rupee Deposits

RBI/2013-14/215 UBD.BPD.(PCB) CIR No.8/13.01.000/2013-14 September 3, 2013 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular UBD.BPD.(PCB) CIR No.16/13.01.000/2011-12 dated December 28, 2011 on Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and Ordinary Non- Resident (NRO) Accounts.… Read More

Tags: Deposit account, Deregulation, Interest rate, November 30 2013, NRE, NRO, Reserve Bank of India, Statutory Liquidity Ratio

RBI Circular w.r.t. Investment portfolio of banks Classification, Valuation and Provisioning

RBI/2013-14/198 DBOD.BP.BC.No. 41/21.04.141/2013-14 August 23, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Investment portfolio of banks Classification, Valuation and Provisioning Please refer to our Circular DBOD.No.BP.BC.92/21.04.141/2012-13 dated May 15, 2013 on ˜SLR Holdings under Held to Maturity Category™ in terms of which banks are permitted to exceed the limit of 25 per cent of total… Read More

Tags: Bank, HTM, HTM Personenvervoer, Mark-to-market accounting, NDTL, Rajesh Verma, Statutory Liquidity Ratio, Valuation

StCBs/CCBs – Deregulation of Interest Rates on NRE Deposits

RBI/2013-14/197 RPCD.RCB.BC.No. 26 /07.51.014/2013-14 August 22, 2013 All State and Central Co-operative Banks Dear Sir / Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular RPCD.CO.RCB.Dir.BC.No.49/07.38.01/2011-12 dated December 28, 2011 on Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and Ordinary Non- Resident (NRO) Accounts. 2.… Read More

Tags: Central bank, Deposit account, Deregulation, Interest rate, NRE, NRO, Reserve Bank of India, Statutory Liquidity Ratio

RRBs – Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits

RBI/2013-14/193 RPCD.CO.RRB. BC.No.24/03.05.33/2013-14 August 19, 2013 The Chairmen All Regional Rural Banks (RRBs) Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular RPCD.CO.RRB.BC.No.45/03.05.33(C)/2011-12 dated December 19, 2011 on Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and Ordinary Non- Resident (NRO) Accounts. 2. In terms of para… Read More

Tags: Deposit account, Deregulation, Interest rate, November 30 2013, NRE, NRO, Reserve Bank of India, Statutory Liquidity Ratio

Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits

RBI/2013-14/186 DBOD.Dir.BC. 40 /13.03.00/2013-14 August 14, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir / Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular DBOD.Dir.BC.64/13.03.00/2011-12 dated December 16, 2011 on Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and Ordinary Non- Resident (NRO) Accounts. 2. In terms… Read More

Tags: Commercial bank, Deposit account, Deregulation, General manager, Interest rate, NRE, NRO, Reserve Bank of India, Rupee, Statutory Liquidity Ratio

Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio Marginal Standing Facility

RBI/2013-14/144 DBOD.No.Ret.BC. 33/12.02.001/2013-14 July 17, 2013 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 24 of the Banking Regulation Act, 1949 Maintenance of Statutory Liquidity Ratio (SLR) Marginal Standing Facility (MSF) Please refer to our Circular DBOD.No.Ret.BC.95 - 12.02.001-2011-12 dated April 17, 2012 wherein it was advised that Scheduled Commercial Banks (SCBs) may borrow… Read More

Tags: Commercial bank, India, MSF, Mutual fund, NDTL, Reserve Bank of India, Run batted in, Statutory Liquidity Ratio

Master Circular – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)

RBI/2013-14/64 DBOD.No.Ret.BC. 19/12.01.001/2013-14 July 01, 2013 Ashadha 10, 1935 (Saka) All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Master Circular - Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) Please refer to the Master Circular RBI/2012-13/76 DBOD.No.Ret.BC.22/12.01.001/2012-13 dated July 02, 2012 updating instructions/guidelines issued to the Scheduled Commercial Banks (SCBs) on CRR/SLR till June… Read More

Tags: Banks, chartered accountant, Company Secretary, Federal Emergency Management Agency, General manager, Master Circular, Run batted in, Statutory Liquidity Ratio

Master Circular on Maintenance of Statutory Reserves- Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks

RBI/2013-14/30 UBD.BPD.(PCB). MC.No:15 /12.03.000/2013-14 July 1, 2013 The Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir, Master Circular on Maintenance of Statutory Reserves- Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD BPD.(PCB). MC.No.15 /12.03.000/ 2012-13 dated July 2, 2012 on the captioned subject.… Read More

Tags: chartered accountant, Company Secretary, General manager, Printed circuit board, Statutory Liquidity Ratio, Urban, Urban area

RBI Notificaiton – Ready Forward Contracts in Corporate Debt Securities

RBI/2012-2013/525 UBD.BPD. (SCB). Cir.No. 4 /16.20.000/2012-13 June 10, 2013 The Chief Executive Officers of All Scheduled Primary (Urban) Co-operative Banks Madam/Dear Sir, Ready Forward Contracts in Corporate Debt Securities Please refer to paragraph 77 of the Second Quarter Review of Monetary Policy 2012-13 (extract enclosed) and circular No.IDMD.PCD.1423/14.03.02/2012-13 dated October 30, 2012 (copy enclosed) in terms of… Read More

Tags: Balance sheet, Bank, Corporate bond, finance, Monetary policy, Repurchase agreement, Reserve Bank of India, Statutory Liquidity Ratio

Indian Financial Markets: Fuelling the Growth of the Indian Economy

(Address delivered by Shri. Harun R Khan, Deputy Governor, Reserve Bank of India at the inaugural session of the conference on Indian Financial Markets: Fuelling the Growth of the Indian Economy organized by the Confederation of Indian Industry at the ADB Annual Conference on May 4, 2013 at Greater NOIDA, Delhi NCR) 1. Dr. Arvind… Read More

Tags: Banking in India, Chandrajit Banerjee, Confederation of Indian Industry, Economy of India, India, March 2013, Reserve Bank of India, Statutory Liquidity Ratio

Maintenance of Statutory Liquidity Ratio (SLR)

CLR Note:- Some assets and securities were announced for the purpose of valuation of Statutory Liquidity Ration(SLR). However, The securities (including margin) shall not be treated as an eligible asset ,if acquired under the Reserve Bank- Liquidity Adjustment Facility (LAF). RBI/2010-11/516 Ref. DBOD No. Ret. BC. 92 /12.02.001/2010-11 May 09, 2011 All Scheduled Commercial Banks (Excluding… Read More

Tags: SLR, Statutory Liquidity Ratio