FEMA - Corporate Law Reporter

RBI discloses the names of applicants for new bank licences in the private sector

The Reserve Bank of India in all received 26 (twenty six) applications. The names of the applicants are: Aditya Birla Nuvo Ltd., Mumbai. Bajaj Finserv Ltd., Pune. Bandhan Financial Services Pvt. Ltd., Kolkata. Department of Posts, New Delhi. Edelweiss Financial Services Limited, Mumbai. IDFC Limited, Mumbai. IFCI Limited, New Delhi. Indiabulls Housing Finance Limited, New… Read More

Notification as amended upto June 30, 2013 Non-Banking Financial Companies Auditor™s Report (Reserve Bank) Directions, 2008.

RBI/2013-14/36 DNBS (PD) CC No.334/03.02.001/2013-14 July 1, 2013 To The Chairman/CEOs of all Non-Banking Financial Companies (except Residuary Non-Banking Companies and Miscellaneous Non-Banking Companies) Dear Sirs, Notification as amended upto June 30, 2013 Non-Banking Financial Companies Auditor™s Report (Reserve Bank) Directions, 2008. As you are aware, in order to have all current instructions on the… Read More

Notification as amended upto June 30, 2013 Non-Banking Financial (Non – Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007

RBI-2013-14/35 DNBS (PD) CC No.333/03.02.001/2013-14 July 1, 2013 To The Chairman / CEOs of all Non-Banking Financial (Non - Deposit Accepting or Holding) Companies Dear Sirs, Notification as amended upto June 30, 2013 Non-Banking Financial (Non - Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007 As you are aware, in order to… Read More

Notification as amended upto June 30, 2013 Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007

RBI/2013-14/34 DNBS (PD) CC No.332/03.02.001/ 2013-14 July 1, 2013 To The Chairman / CEOs of all Non-Banking Financial (Deposit Accepting or Holding) Companies and Residuary Non-Banking Companies Dear Sirs, Notification as amended upto June 30, 2013 Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007 As you are aware, in order… Read More

Notification as amended upto June 30, 2012 Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998

RBI/2013-14/33 DNBS (PD) CC No 331/03.02.001/2013-14 July 1, 2013 To The Chairman/CEOs of all Non-Banking Financial Companies (except Residuary Non-Banking Companies and Miscellaneous Non-Banking Companies) Dear Sirs, Notification as amended upto June 30, 2012 Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998 As you are aware, in order to have all current… Read More

Master Circular on Frauds- Classification and Reporting

RBI/2013-14/32 UBD.CO. BPD . MC.No. 17 /12.05.001/2013-14 July 1, 2013 Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam, Master Circular on Frauds- Classification and Reporting Please refer to our Master Circular UBD.BPD. MC. No. 17 /12.05.001/ 2012-13 dated July 2, 2012 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates… Read More

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

Master Circular on Area of Operation, Branch Authorisation Policy, Opening/ Up-gradation of Extension Counters, ATMs and Shifting/Splitting/Closure of Offices

RBI/2013-14/29 UBD.LS (PCB) MC. No.14/07.01.00/ 2013-14 July 1, 2013 All Primary (Urban) Co-operative Banks Dear Sir, Master Circular on Area of Operation, Branch Authorisation Policy, Opening/ Up-gradation of Extension Counters, ATMs and Shifting/Splitting/Closure of Offices Please refer to our Master Circular UBD.LS (PCB) MC. No.14/07.01.00/-2011-12, dated July 2, 2012 on the captioned subject. This Master Circular consolidates and updates all… Read More

Master Circular on Maintenance of Deposit Accounts Primary (Urban) Co-operative Banks

RBI/2013-14/28 UBD.BPD.(PCB). MC.No:13 /13.01.000/2013-14 July 1, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Master Circular on Maintenance of Deposit Accounts Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD.BPD.(PCB).MC.No:13/13.01.000/2012-13 dated July 2, 2012 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates all the instructions/guidelines… Read More

Master Circular on Investments by Primary (Urban) Co-operative Banks

RBI/2013-14/27 UBD. BPD (PCB).MC.No.12/16.20.000/2013-14 July 1, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Master Circular on Investments by Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD.BPD(PCB) MC.No.12/16.20.000/ 2012-13 dated July 2, 2012 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates all the instructions/guidelines… Read More

Master Circular Interest Rates on Rupee Deposits Primary (Urban) Co-operative Banks

RBI/ 2013-14/ 26 UBD.BPD (PCB) MC.No.11/13.01.000/2013-14 July 1, 2013 The Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir, Master Circular Interest Rates on Rupee Deposits Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD.BPD (PCB) MC.No.11/13.01.000/2012-13 dated July 2, 2012 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates… Read More

Master Circular on Customer Service – UCBs

RBI/ 2013-14/25 UBD.BPD. (PCB).MC.No. 10 /12.05.001/2013-14 July 1, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam Master Circular on Customer Service - UCBs Please refer to our Master Circular UBD.BPD.(PCB).MC No. 10/ 12.05.001/2011-12 dated July 2, 2012 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates all the… Read More

Master Circular on Inspection and Audit Systems in Primary (Urban) Co-operative Banks

RBI/2013-14/24 UBD. CO.BPD.(PCB).MC.No 9/12.05.001/2013-14 July 1, 2013 Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/Dear Sir Master Circular on Inspection & Audit Systems in Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD.BPD.(PCB).MC.No.9 /12.05.001/2012-13 dated July 2, 2012 on the captioned subject ( available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates all… Read More