Community & General Notification & Circulars


Liberalised Remittance Scheme (LRS) for resident individuals-Increase in the limit from USD 75,000 to USD 125,000

 Notification No#RBI/2013-14/624     03 June 2014

RBI/2013-14/624 A.P. (DIR Series) Circular No.138 June 3, 2014   To   All Category – I Authorised Dealer Banks   Madam/Sir,   Liberalised Remittance Scheme (LRS) for resident individuals-Increase in the limit from USD 75,000 to USD 125,000 &nb..


Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax Act, 1961-UCBs

 Notification No#RBI/2013-14/619     30 May 2014

RBI/2013-14/619 UBD. CO. BPD. PCB. Cir. No. 67/09.50.001/2013-14 May 30, 2014 The Chief Executive Officers of All Primary (Urban) Co-operative Banks   Madam/ Dear Sir,   Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax ..


Lending to Public Sector Undertakings

 Notification No#RBI/2013-14/615     28 May 2014

RBI/2013-14/615 UBD.CO.BPD.(PCB) Cir No. 66/13.05.000/2013-14 May 28, 2014   The Chief Executive Officers All Primary (Urban) Co-operative Banks   Madam / Dear Sir,   Lending to Public Sector Undertakings   It has been observed that a few Urban Cooper..


Lending to Public Sector Undertakings

 Notification No#RBI/2013-14/615     28 May 2014

RBI/2013-14/615 UBD.CO.BPD.(PCB) Cir No. 66/13.05.000/2013-14 May 28, 2014   The Chief Executive Officers All Primary (Urban) Co-operative Banks   Madam / Dear Sir,   Lending to Public Sector Undertakings   It has been observed that a few Urban Cooper..


Crystallization of Inoperative Foreign Currency Deposits

 Notification No#RBI/2013-14/616     28 May 2014

RBI/2013-14/616 A.P. (DIR Series) Circular No.136 May 28, 2014   To All Category - I Authorised Dealer Banks   Madam / Sir,   Crystallization of Inoperative Foreign Currency Deposits   The Reserve Bank of India, in exercise of the powers conferred b..


Formation of new State of Telangana – Assignment of SLBC Convenorship

 Notification No#RBI/2013-14/617     28 May 2014

RBI/2013-14/617 RPCD.CO.LBS.No.13027/02.01.001/2013-14 May 28, 2014   The Chairman & Managing Director All SLBC Convenor banks   Dear Sir/Madam,   Formation of new State of Telangana – Assignment of SLBC Convenorship   As per The Gazette of ..


Rounding off transactions to the Nearest Rupee by NBFCs

 Notification No#RBI/2013-14/609     27 May 2014

RBI/2013-14/609 DNBS.CC.PD.No.377/03.10.01/2013-14 May 27, 2014   To All Non-Banking Financial Companies   Dear Sir,   Rounding off transactions to the Nearest Rupee by NBFCs   It has come to the notice of the Reserve Bank that some non-banking fina..


Risk Management and Inter Bank Dealings

 Notification No#RBI/2013-14/613     27 May 2014

RBI/2013-14/613 A.P.(DIR Series) Circular No.135 May 27, 2014   To All Category - I Authorised Dealer Banks   Madam / Sir,   Risk Management and Inter Bank Dealings   Attention of Authorised Dealers Category-I (AD Category-I) banks is invited to the..


Levy of foreclosure charges/pre-payment penalty on Floating Rate Term Loans

 Notification No#RBI/2013-14/612     27 May 2014

RBI/2013-14/612 RPCD.CO.RCBD.RRB.BC.No.102/07.51.013/2013-14 May 27, 2014   The Chairman All State and Central Co-operative Banks (StCBs and CCBs) All Regional Rural Banks (RRBs)   Dear Sir/Madam   Levy of foreclosure charges/pre-payment penalty on Floating Rat..


RRBs - Opening of Bank Accounts in the Names of Minors

 Notification No#RBI/2013-14/610     27 May 2014

RBI/2013-14/610 RPCD.CO.RRB.BC.No.104/03.05.33/2013-14 May 27, 2014   The Chairmen, All Regional Rural Banks   Dear Sir/Madam,   Opening of Bank Accounts in the Names of Minors   Please refer to para 4.10 of our circular RPCD.CO.RRB.BC.No.100/03...





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