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Others Notification & Circulars


Strengthening the Regulatory Framework for Unclaimed Deposits

 Notification No#RBI/2011-12/591     06 June 2012

  RBI/2011-12/591 DBOD.No. Leg.BC. 108/09.07.005/2011-12   June 6, 2012   All Scheduled Commercial Banks (excluding RRBs)   Dear Sir   Strengthening the Regulatory Framework for Unclaimed Deposits   Please refer to ..

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Special Deposit Scheme (SDS), 1975 –Revision of Rate of Interest

 Notification No#RBI/2011-12/592     06 June 2012

  RBI/2011-12/592 DGBA.CDD. No.H-7815/15.01.001/2011-12 June 06, 2012   The Chairman & Managing Director Head Office (Government Accounts Department) State Bank of India and its Associates/ Allahabad Bank /Bank of Baroda /Bank of India /Bank of Mahara..

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Financial Literacy Centres (FLCs) – Guidelines

 Notification No#RBI/2011-12/590     06 June 2012

  RBI/2011-12/590 RPCD.FLC.No.12452 /12.01.018/2011-12 June 6, 2012 To Chairman/CMD of Scheduled Commercial Banks (including RRBs) Dear Sir   Financial Literacy Centres (FLCs) – Guidelines Please refer to our circular RPCD.CO.MFFI.BC.No.86/12..

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Bank Rate, stands revised from 9.50 per cent to 9.00 per cent with effect from April 17, 2012

 Notification No#RBI/2011-12/588     05 June 2012

  RBI/2011-12/588 UBD.BPD.(PCB).Cir.No.40/16.11.00/2011-12   June 5, 2012   The Chief Executive Officer All Primary (Urban) Co-operative Banks   Madam/Dear Sir,   Bank Rate   Please refer to our circular UBD.BPD.(PC..

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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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