Notification & Circulars

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..

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Issue of Pre-paid Payment Instruments-UCBs

Notification No#RBI/2013-14/607 27 May 2014

RBI/2013-14/607 UBD.CO.BPD.PCB.Cir. No. 65/09.69.000/2013-14 May 27, 2014 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir / Madam, Issue of Pre-paid Payment Instruments-UCBs Please refer to circular UBD (PC..

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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..

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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..

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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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RRBs - Need for Bank Branches/ATMs to be made accessible to persons with disabilities

Notification No#RBI/2013-14/608 27 May 2014

RBI/2013-14/608 RPCD.CO.RRB.BC.No.103/03.05.33/2013-14 May 27, 2014 The Chairmen Regional Rural Banks Dear Sir/Madam, Need for Bank Branches / ATMs to be made accessible to persons with disabilities Please refer to our circular RPCD.CO.R..

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RRBs - Levy of penal charges on non-maintenance of minimum balances in inoperative accounts

Notification No#RBI/2013-14/611 27 May 2014

RBI/2013-14/611 RPCD.RRB.BC.No.105/03.05.33/2013-14 May 27, 2014 The Chairmen All Regional Rural Banks Dear Madam/Sir, Levy of penal charges on non-maintenance of minimum balances in inoperative accounts Please refer to Part B of the Firs..

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The Depositor Education and Awareness Fund Scheme, 2014 –Section 26A of Banking Regulation Act, 1949- Operational Guidelines

Notification No#RBI/2013-14/614 27 May 2014

RBI/2013-14/614 DBOD.No.DEAF Cell.BC.114/30.01.002/2013-14 May 27, 2014 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs and LABs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Ba..

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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..

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Requirement for obtaining prior approval of RBI in cases of acquisition/ transfer of control of NBFCs

Notification No#RBI/2013-14/606 26 May 2014

RBI/2013-14/606 DNBS (PD) CC.No.376/03.10.001/2013-14 May 26, 2014 All NBFCs (excluding Primary Dealers) Dear Sirs, Requirement for obtaining prior approval of RBI in cases of acquisition/ transfer of control of NBFCs Under Section 45 IA (4)(c) of the RBI Act, 1..

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