Scheme of Incentives & Penalties – Review: RBI
RBI/2014–15/604 DCM (CC) No. 4846/03.41.01/2014–15 May 21, 2015 Please refer to our Master Circular DCM (CC) No.G‑5/03.39.01/2014–15 dated July 1, 2014 on
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Valuation method of Gold declared by RBI for Lending against Gold
RBI/2014–15/605 DNBR.CC.PD.No.036/03.10.01/2014–15 May 21, 2015 Lending against security of single product — Gold Jewellery Please refer to the circulars DNBS.CC.PD.No.356/03.10.01/2013–14 dated September
Read MorePrudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Spread over of shortfall
RBI/2014–15/606 DBR.No.BP.BC.94/21.04.048/2014–15 May 21, 2015 Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Spread over of shortfall
Read MoreModalities for implementation of Atal Pension Yojana (APY)
RBI/2014–15/609 DCBR.BPD (PCB ) Cir. No. 9/12.05.001/2014–15 May 21, 2015 Government of India, Ministry of Finance has announced the launch of Atal
Read MoreBanks to implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) from 01.06.2015
RBI/2014–15/585 DCBR.BPD (PCB ) Cir.No.8/12.05.001/2014–15 May 5, 2015 Modalities for implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri
Read MoreFormalities for Opening of branches/extension counters by State Co-operative Banks
RBI/2014–15/586 DCBR.CO.RCB.No.BC.34/19.51.008/2014–15 May 07, 2015 Please refer to our circular RPCD.CO.RF.BC.No.14/07.06.00/2009–10 dated August 4, 2009 on “Opening of new place of business
Read MoreBanks needs to issue acknowledgement Mandatoryly to pensioners on submission of life certificates: RBI
RBI/2014–15/587 DGBA.GAD No.H- 5013/45.01.001/2014–15 May 07, 2015 In terms of extant instructions, all pensioners are required to furnish a life certificate to
Read MoreFrom September 01, 2015 all new debit and credit cards issued by banks shall be EMV chip and Pin based cards.
RBI/2014–15/589 DPSS (CO) PD No.2112/02.14.003/2014–15 May 07, 2015 Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions A reference
Read MoreFramework for dealing with loan frauds by RBI for Banks
RBI/2014–15/590 DBS.CO.CFMC.BC.No.007/23.04.001/2014–15 May 7, 2015 The rising trend in loan related frauds in the financial sector is a matter of serious concern.
Read MoreGuidelines on Off-site/Mobile Automated Teller Machines (ATMs) by State Co-operative Banks
RBI/2014–2015/556 DCBR.CO.RCB.No.BC.29/19.51.008/2014–15 April 16, 2015 Section 23 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) — Guidelines on Off-site/Mobile Automated
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