Implementation of Section 51-A of UAPA (1967) and Updates of the UNSCR Committee’s Al Qaida Sanctions List
RBI/2012-13/321 DNBS(PD).CC. No 313/03.10.42 /2012-13 December 10, 2012 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) /1989 (2011) Committee's Al Qaida Sanctions List Please refer to DNBS (PD).CC.No 306/03.10.42/2012-13 dated October 3, 2012. The Chairman of UN Security… Read More
Alteration in the name of “Oman International Bank S.A.O.G” to “HSBC Bank Oman S.A.O.G” in the Second Schedule to the RBI Act, 1934
RBI/2012-13/320 DBOD.No.Ret.BC.64 /12.07.071/2012-13 December 10, 2012 All Scheduled Commercial Banks Dear Sir Alteration in the name of "Oman International Bank S.A.O.G" to "HSBC Bank Oman S.A.O.G" in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the name of "Oman International Bank S.A.O.G" has been changed to "HSBC Bank Oman… Read More
Checklists for NBFCs, NBFC-MFIs, NBFC-Factors & CICs
RBI/2012-13/319 DNBS.CC.PD.No. 312/03.10.01/2012-13 December 07, 2012 To All NBFCs (excluding RNBCs) Dear Sir, Checklist for NBFCs, Non Banking Financial Company-Micro Finance Institutions (NBFC-MFIs), Non Banking Financial Company-Factoring Institutions (NBFC-Factors) and Core Investment Companies (CICs) Please refer to the Application for seeking Certificate of Registration from the Reserve Bank and the list of documents mentioned therein… Read More
Requirement of an Effective Mechanism and Granular Data for Non-Performing Assets
RBI/2012-13/318 RPCD.RRB.No.BC. 49/03.05.33/2012-13 December 06, 2012 All Regional Rural Banks Dear Sir, NPA Management Requirement of an Effective Mechanism and Granular Data Please refer to the paragraph 100 (extract enclosed) of the Monetary Policy Statement 2012-13 announced on April 17, 2012. 2. As mentioned therein, asset quality of banks is one of the most important… Read More
Bank finance for purchase of gold
RBI/2012-13/317 RPCD.CO.BC. 50/03.05.33/2012-13 December 05, 2012 All Regional Rural Banks Dear Sir / Madam Bank finance for purchase of gold Please refer to paragraphs 102 and 103 (extract enclosed) of the Second Quarter Review of Monetary Policy 2012-13 announced on October 30, 2012, proposing that other than working capital finance, banks are not permitted to… Read More
FIMMDA Code of Conduct for usage of Negotiated Dealing System
RBI/2012-13/316 IDMD.DOD.No.06/10.25.66/2012-13 December 06, 2012 To All SGL/CSGL Account holders, Dear Sir/Madam, FIMMDA Code of Conduct for usage of Negotiated Dealing System-Order Matching (NDS-OM) and Over-The-Counter (OTC) Market FIMMDA in co-ordination with RBI and market participants has developed and implemented a Code of Conduct for users of NDS-OM and other systems. The same can be… Read More
Submission of compliance report for Migrating to CTS 2010 standard
RBI/2012-13/315 UBD.BPD.(PCB).Cir.No. 26/12.05.001 /2012-13 December 6, 2012 The Chief Executive Officer, All Primary (Urban) Co-operative Banks. Madam/Dear Sir, Migrating to CTS 2010 standard - Submission of compliance report We invite a reference to circulars DPSS.CO.CHD.No. 399/04.07.05/2012-13 dated September 3, 2012 and DPSS.CO.CHD.No. 668/04.07.05/2012-13 dated October 19, 2012 issued under section 18 of the Payment and Settelement System… Read More
Directions for Overseas Investments for Core Investment Companies
RBI/2012-13/314 DNBS (PD) CC.No.311/03.10.001/2012-13 December 06 , 2012 All Core Investment Companies Dear Sirs, Core Investment Companies - Overseas Investment (Reserve Bank) Directions, 2012 Please refer to the Non-Banking Financial Companies (Opening of Branch/Subsidiary/Joint Venture/Representative Office or Undertaking Investment Abroad by NBFCs) Directions, 2011 dated June 14, 2011. The Directions have specified general and specific… Read More
Clarifications on The Co-operative Banks (Nomination) Rules, 1985
RBI/2012-13/313 UBD.BPD (PCB) Cir.No. 25 /13.01.000//2012-13 December 3, 2012 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/Madam, The Co-operative Banks (Nomination) Rules, 1985 - Clarifications As you are aware, the Co-operative Banks (Nomination) Rules, 1985 have been framed in exercise of powers conferred under Section 52, read with Sections 45-ZA, 45-ZC, 45-ZE… Read More
Exim Bank’s Line of Credit to the Government of the Republic of Togo
RBI/2012-13/312 A.P. (DIR Series) Circular No.56 November 27, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 13.095 million to the Government of the Republic of Togo Export-Import Bank of India (Exim Bank) has concluded an Agreement dated January 12, 2012 with the Government of… Read More
Foreign Entity reporting to Income Tax Authorities
RBI/2012-13/311 A.P. (DIR Series) Circular No. 55 November 26, 2012 To All Authorised Dealers Category - I Banks Madam / Sir, Liaison Office (LO) / Branch Office (BO) in India by Foreign Entities Reporting to Income Tax Authorities. Attention of Authorised Dealer Category I banks is invited to A.P. (DIR Series) Circular No. 24 dated 30.12.2009 in… Read More
ECB Policy for 2G spectrum allocation
RBI/2012-13/310 A.P. (DIR Series) Circular No. 54 November 26, 2012 To, All Category - I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy for 2G spectrum allocation Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 26 dated October 22, 2008, para… Read More
Protocols for Deferred Payment between GoI and erstwhile USSR
RBI/2012-13/301 A.P. (DIR Series) Circular No. 53 November 20, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 38… Read More
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