Others Notification & Circulars


Conversion of Term Deposits, Daily Deposits or Recurring Deposits for Reinvestment in Term Deposits by State and Central Co-operative Banks

 Notification No#RBI/2011-12/577     28 May 2012

 RBI/2011-12/577 RPCD.CO.RCB.BC.No. 78/07.38.01/2011-12 May 28, 2012 All State and Central Co-operative Banks   Dear Sir, Conversion of Term Deposits, Daily Deposits or Recurring Deposits for Reinvestment in Term Deposits by State and Central Co-operative Banks   Please refer..

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Rationalisation and Revision of Agency Commission Payable to Banks on Government Transactions

 Notification No#RBI/2011-12/570     22 May 2012

 RBI/2011-12/570 DGBA.GAD.No.7575/31.12.011/2011-12 May 22, 2012   The Chairman and Managing Director/Chief Executive Officer All Agency Banks Madam / Dear Sir,   Rationalisation and Revision of Agency Commission Payable to Banks on Government Transactions   As you ar..

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Bank Finance to NBFCs Predominantly Engaged in lending against Gold

 Notification No#RBI/2011-12/568     18 May 2012

 RBI/2011-12/568 DBOD.BP.BC.No. 106/21.04.172/2011-12 May 18, 2012 All Scheduled Commercial Banks  (excluding RRBs) Dear Sir,   Bank Finance to NBFCs Predominantly Engaged in lending against Gold Please refer to paragraphs 94 to 96 (extract enclosed) of the Monetary Policy St..

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Priority Sector Lending – Indirect Finance to Housing Sector

 Notification No#RBI/2011-12/567     18 May 2012

 RBI/2011-12/567 UBD.BPD. (PCB) CIR No.33/09.09.001/2011-12   May 18, 2012   The Chief Executive Officers All Primary (Urban) Co-operative Banks   Madam / Dear Sir,   Priority Sector Lending – Indirect Finance to Housing Sector   Please refer to our C..

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Financial Inclusion – Use of Business Correspondents

 Notification No#RBI/2011-12/566     17 May 2012

 RBI/2011-12/566 DBOD.No.BL.BC.105/22.01.009/2011-12   May 17, 2012   All Scheduled Commercial Banks (including RRBs) and Local Area Banks   Dear Sir,   Financial Inclusion – Use of Business Correspondents   As you are aware, with a view to promote fi..

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Interest Rates on FCNR(B) Deposits

 Notification No#RBI/2011-12/565     17 May 2012

 RBI/2011-12/565 UBD.BPD.AD.CIR.No.7/13.01.000/2011-12   May 17, 2012   The Chief Executive Officers All AD Cateogry -1 UCBs   Dear Sir/Madam,   Interest Rates on FCNR(B) Deposits   Please refer to our circular No. UBD.BPD.AD.CIR.No. 4/13.01.000/2011-12 date..

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Exchange Earner’s Foreign Currency (EEFC) Account

 Notification No#RBI/2011-12/564     16 May 2012

 RBI/2011-12/564 A.P. (DIR Series) Circular No. 128   May 16, 2012   To   All Category - I Authorised Dealer Banks   Madam / Sir,   Exchange Earner’s Foreign Currency (EEFC) Account   Attention of Authorised Dealer Category – I (AD Category..

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Foreign investment in NBFC Sector under the Foreign Direct Investment (FDI) Scheme - Clarification

 Notification No#RBI/2011-12/562     15 May 2012

 RBI/2011-12/562 A.P. (DIR Series) Circular No. 127   May 15, 2012    To   All Category - I Authorised Dealer Banks   Madam / Sir,   Foreign investment in NBFC Sector under the Foreign Direct Investment (FDI) Scheme - Clarification   Attention of ..

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Core Investment Companies (Reserve Bank) Directions, 2011 – Clarification on CICs Issuing Guarantees

 Notification No#RBI/2011-12/557     11 May 2012

 RBI/2011-12/557 DNBS.PD.CC.No.274/03.02.089/2011-12 May 11, 2012 All Core Investment Companies   Core Investment Companies (Reserve Bank) Directions, 2011 – Clarification on CICs Issuing Guarantees   In terms of the Core Investment Companies (Reserve Bank) Directions, 2..

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Guidelines for clearing of cheques where there is no formal clearing house

 Notification No#RBI/2011-12/559      11 May 2012

 RBI/2011-12/559  DPSS.CO.CHD No./2073/03.02.01/2011-12 May 11, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Ar..

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