Others Notification & Circulars


Housing Loan limit increased to Rs 20 lakhs to Rs 25 lakh wef Apr 01,2011

 Notification No#RPCD.CO.Plan.BC.69/04.09.01/2010-11     09 May 2011

 Housing Loan limit under priority sector   RBI/2010-11/517 RPCD.CO.Plan.BC.69/04.09.01/2010-11 May 9, 2011   The Chairman/Managing Director/ Chief Executive Officer  [All Scheduled Commercial Banks (excluding Regional Rural Banks)]   Dear Sir/ Madam, Housing L..

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New Marginal Standing Facility (MSF) is being introduced with effect from May 9, 2011

 Notification No#FMD. No.59/01.18.001/2010-11     09 May 2011

 Marginal Standing Facility – Scheme   RBI/2010-11/515 FMD. No.59/01.18.001/2010-11 May 9, 2011 All Scheduled Commercial Banks   Dear Sir, Marginal Standing Facility – Scheme As announced in the Monetary Policy for the year 2011-12, a new Marginal Standi..

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Policy Guidelines for issuance and operation of Prepaid Instruments in India

 Notification No#DPSS.CO.No.2501/02.14.06/ 2010-11     04 May 2011

 Policy Guidelines for issuance and operation of Prepaid Instruments in India   RBI/2010-11/512 DPSS.CO.No.2501/02.14.06/ 2010-11 May 4, 2011   All System Providers, System Participants And Prospective prepaid Instrument Issuer   Madam/ Dear Sir Policy Guidelines for ..

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Mobile Banking Transactions in India - Operative Guidelines for Banks

 Notification No#DPSS.CO.No.2502 /02.23.02/ 2010-11     04 May 2011

 Mobile Banking Transactions in India - Operative Guidelines for Banks   RBI/2010-11/511 DPSS.CO.No.2502 /02.23.02/ 2010-11 May 4, 2011   The Chairman and Managing Director / Chief Executive Officers  All Scheduled Commercial Banks including RRBs /  Urban Co-opera..

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Liquidity Adjustment Facility – Repo and Reverse Repo Rates

 Notification No#FMD.MOAG. No.58/01.01.01/2010-11     03 May 2011

 Liquidity Adjustment Facility – Repo and Reverse Repo Rates RBI/2010-2011/501 FMD.MOAG. No.58/01.01.01/2010-11 May 3, 2011   All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers   Dear Sir,   Liquidity Adjustment Facility – Repo and Reverse..

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Bank loans to Micro Finance Institutions (MFIs) – Priority Sector status

 Notification No#RPCD.CO.Plan. 66 /04.09.01/2010-11     03 May 2011

 Bank loans to Micro Finance Institutions (MFIs) – Priority Sector status   RBI/2010-11/505 RPCD.CO.Plan. 66 /04.09.01/2010-11 May 3, 2011 The Chairman/Managing Director/ Chief Executive Officer  (All Scheduled Commercial Banks)   Dear Sir/ Madam, Bank loans ..

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Interest Rates on Deposits

 Notification No#UBD.BPD.(PCB)CIR No.45/13.01.00/2010-11     03 May 2011

 Interest Rates on Deposits   RBI/2010-11/508 UBD.BPD.(PCB)CIR No.45/13.01.00/2010-11 May  3, 2011   The Chief Executive Officers   All Primary (Urban) Co-operative Banks   Dear Sir,   Interest Rates on Deposits   Please refer to our Directi..

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Interest Rate on Savings Deposits increased

 Notification No#DBOD.Dir.BC. 90 /13.03.00/2010-11     03 May 2011

 Interest Rate on Savings Deposits increased   RBI/2010-11/507 DBOD.Dir.BC. 90 /13.03.00/2010-11 May 3, 2011   All Scheduled Commercial Banks  (excluding RRBs)   Dear Sir/Madam   Interest Rates on Deposits   Please refer to our directive DBOD.No..

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Opening of Escrow Accounts for FDI transactions

 Notification No#A. P. (DIR Series) Circular No. 58     02 May 2011

 Opening of Escrow Accounts for FDI transactions   RBI/2010-11/ 498 A. P. (DIR Series) Circular No. 58 May 02, 2011   To All Category-I Authorised Dealer Banks   Madam / Sir, Opening of Escrow Accounts for FDI transactions   Attention of the Authorised Dea..

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Pledge of shares for business purposes

 Notification No#A. P. (DIR Series) Circular No. 57     02 May 2011

 Pledge of shares for business purposes RBI/2010-11/497 A. P. (DIR Series) Circular No. 57 May 2, 2011   To All Authorised Dealer Category - I banks   Madam / Sir, Pledge of shares for business purposes   Under the extant FEMA regulations, powers have been delegat..

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