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Scheme of 1% interest subvention on housing loans upto Rs. 10 lakh – Guidelines

 Notification No#RPCD.MSME & NFS. BC.No. 29/06.11.01/2011-2012     04 November 2011

 RBI/2011-12/255 RPCD.MSME & NFS. BC.No. 29/06.11.01/2011-2012 November 4, 2011 The Chairman / Managing Director All Scheduled Commercial Banks (excluding RRBs)   Madam/ Dear Sir, Scheme of 1% interest subvention on housing loans upto Rs. 10 lakh – Guidelines &n..


Foreign Direct Investment – Transfer of Shares

 Notification No#A.P. (DIR Series) Circular No. 43     04 November 2011

RBI/2011-12/247 A.P. (DIR Series) Circular No. 43 November 04, 2011 To, All Category – I Authorized Dealer banks Madam / Sir, Foreign Direct Investment – Transfer of Shares Attention of Authorized Dealers Category-I (AD Category-I) banks is invited to Regulations 9 and 10 of the..


Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account

 Notification No#RBI/2011-12/ 252     04 November 2011

 RBI/2011-12/ 252 DBOD.BP.BC.No. 50 / 21.01.001/2011-12 November 4, 2011   The Chairmen/Chief Executives of  All Scheduled Commercial Banks  (excluding RRBs)   Dear Sir,   Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Pa..


Issue of Demand Drafts for Rs. 20,000/- and above

 Notification No#RBI/2011-12/250     04 November 2011

 RBI/2011-12/250 DBOD.BP.BC. No. 49/21.01.001/2011-12 November 4, 2011   The Chairmen / Chief Executives of All Scheduled Commercial Banks (excluding RRBs)   Dear Sir, Issue of Demand Drafts for Rs. 20,000/- and above   As banks are aware, instruments with a..


Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques

 Notification No#RBI/2011-12/251     04 November 2011

 RBI/2011-12/251 DBOD.AML BC.No.47/14.01.001/2011-12 November 4, 2011   The Chairmen/Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs)/Local Area Banks   Dear Sir,   Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques In India, it has bee..


Customer Service - Non-Issuance of Passbooks to Savings Bank Accountholders (Individuals)

 Notification No#RBI/2011-12/249     04 November 2011

 RBI/2011-12/249 DBOD No. Leg. BC 48 /09.07.005/2011-12 November 4, 2011   All Scheduled Commercial Banks (excluding RRBs) Dear Sir,   Customer Service - Non-Issuance of Passbooks to Savings Bank Accountholders (Individuals)   Please refer to our circular DBOD. N..


Repayment of Term/Fixed Deposits in banks

 Notification No#RBI/2011-12/248     04 November 2011

 RBI/2011-12/248 DBOD No. Leg BC 46/09.07.005/2011-12 November 4, 2011   All Scheduled Commercial Banks (excluding RRBs)   Dear Sir,   Repayment of Term/Fixed Deposits in banks   It has come to our notice that some banks insist on the signatures of both the depo..


Foreign investment in India by SEBI registered FIIs in other securities

 Notification No#A.P. (DIR Series) Circular No. 42     03 November 2011

 RBI/2011-12/244 A.P. (DIR Series) Circular No. 42 November 03, 2011 To, All Category – I Authorized Dealer banks Madam / Sir, Foreign investment in India by SEBI registered FIIs in other securities Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to&nbs..


Guidelines on Commercial Real Estate (CRE)

 Notification No#DBOD.BP.BC.No. 45 /08.12.015/2011-12     03 November 2011

 RBI/2011-12/245 DBOD.BP.BC.No. 45 /08.12.015/2011-12 November 3, 2011 All Scheduled Commercial Banks (excluding RRBs ) Dear Sir, Guidelines on Commercial Real Estate (CRE) Please refer to the circular DBOD.No.Dir.(Hsg).BC.31/08.12.001/2009-10 dated August 27, 2009 on &lsqu..


Interest Rates on Rupee Export Credit - UCBs

 Notification No#UBD.BPD (AD) Cir.No.3/13.05.000/2011-12     03 November 2011

 RBI/2011-12/246 UBD.BPD (AD) Cir.No.3/13.05.000/2011-12 November 3, 2011 The Chief Executive Officer Scheduled Primary (Urban) Co-operative Banks (holding AD Category I licence) Madam / Dear Sir Interest Rates on Rupee Export Credit - UCBs Please refer to circular UBD.BPD.(PCB..





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