Community & General Notification & Circulars

Home Loans-Levy of fore-closure charges/pre-payment penalty

Notification No#RBI/2011-12/589 05 June 2012

RBI/2011-12/589 DBOD. No. Dir. BC.107/13.03.00/2011-12 June 5, 2012 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Home Loans-Levy of fore-closure charges/pre-payment penalty P..

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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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