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Others Notification & Circulars


Levy of foreclosure charges/pre-payment penalty on Floating Rate Term Loans

 Notification No#RBI/2013-14/582     07 May 2014

RBI/2013-14/582 DBOD. Dir.BC.No.110/13.03.00/2013-14 May 7, 2014   All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam   Levy of foreclosure charges/pre-payment penalty on Floating Rate Term Loans   Please refer to our circular DBOD. No. Dir.B..

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Investments in Market Infrastructure Companies by Primary (Urban) Cooperative Banks

 Notification No#RBI/2013-14/583     07 May 2014

RBI/2013-14/583 UBD.BPD.(PCB).Cir.No 58/16.20.000/2013-14 May 7, 2014   The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/Madam,   Investments in Market Infrastructure Companies by Primary (Urban) Cooperative Banks   Please refer to..

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

 Notification No#RBI/2013-14/580     06 May 2014

RBI/2013-14/580 DBOD. Dir.BC.No. 109 /13.03.00/2013-14 May 6, 2014   All Scheduled Commercial Banks (Excluding RRBs)   Dear Sir/Madam   Levy of penal charges on non-maintenance of minimum balances in inoperative Accounts   Please refer to Part B ..

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Opening of Bank Accounts in the Names of Minors

 Notification No#RBI/2013-14/581     06 May 2014

RBI/2013-14/581 DBOD.No.Leg.BC.108/09.07.005/2013-14   May 6, 2014   All Scheduled Commercial Banks (excluding RRBs)   Dear Sir/Madam,   Opening of Bank Accounts in the Names of Minors   Please refer to our circular DBOD.No.Leg.BC.158/C.90..

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Interest Tax Act 1974 – Collection from borrowers

 Notification No#UBD.BPD (PCB) Cir No.56/13.04.00/2013-14     05 May 2014

RBI/2013-14/579 UBD.BPD (PCB) Cir No.56/13.04.00/2013-14   May 5, 2014   The Chief Executive Officers of All Primary (Urban) Co-operative Banks   Dear Sir,   Interest Tax Act 1974 – Collection from borrowers   Please refer to our cir..

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Uniform Accounting Standards at ARCs

 Notification No#RBI/2013-14/571     23 April 2014

RBI/2013-14/571 DNBS (PD) CC. No. 38/SCRC/26.03.001/2013-14 April 23, 2014   The Chairman/Managing Director/Chief Executive Officer All registered Securitisation Companies/Reconstruction Companies   Dear Sir,   Uniform Accounting Standards at ARCs   ..

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Scaling up of the Business Correspondent (BC) Model – Issues in Cash Management

 Notification No#RBI/2013-14/570     22 April 2014

RBI/2013-14/570 RPCD.FID.BC.No. 96/12.01.011/ 20013-14   April 22, 2014   The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks   Dear Sir/Madam,   Scaling up of the Business Correspondent (BC) Model – Is..

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Fund/Non-Fund based Credit Facilities to Overseas Joint Ventures / Wholly Owned Subsidiaries / Wholly owned Step-down Subsidiaries of Indian Companies

 Notification No#RBI/2013-14/568     22 April 2014

RBI/2013-14/568 DBOD.No.BP.BC.107/21.04.048/2013-14   April 22, 2014   The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks)   Dear Sir,   Fund/Non-Fund base..

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Financial Benchmarks- Governance Framework for Benchmark Submitters

 Notification No#FMD.MSRG.No.102/02.18.002/2013-14     16 April 2014

RBI/2013-2014/565 FMD.MSRG.No.102/02.18.002/2013-14 April 16, 2014   All Scheduled Commercial Banks and Primary Dealers Dear Sir/ Madam,   Financial Benchmarks- Governance Framework for Benchmark Submitters As you are aware, the Committee on Financial Benchmarks&..

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Foreign Direct Investment (FDI) in Limited Liability Partnership (LLP)

 Notification No#A.P. (DIR Series) Circular No. 123     16 April 2014

RBI/2013-14/566 A.P. (DIR Series) Circular No. 123 April 16, 2014   To, All Category – I Authorised Dealer Banks   Madam / Sir,   Foreign Direct Investment (FDI) in Limited Liability Partnership (LLP) Attention of Authorised Dealer Category - I (AD Cate..

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