Monthly Archives: July 2016

Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) : RBI Master Circular

By | July 7, 2016

RBI/2016-17/9 FIDD.GSSD.CO.BC.No.07/09.01.01/2016-17 July 01, 2016 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir/Madam, Master Circular – Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) Please refer to the Master Circular FIDD.GSSD.CO.BC.No.09/09.01.01/2015-16 dated July 30, 2015 consolidating guidelines / instructions / directions issued to banks with regards to National Rural Livelihoods Mission. Ministry… Read More »

Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM) :Master Circular

By | July 7, 2016

RBI/2016-17/10 FIDD.GSSD.CO.BC.No.04/09.16.03/2016-17 July 01, 2016 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir/Madam, Master Circular: Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM) Reserve Bank of India has periodically issued instructions/directives to banks with regard to operationalisation of the Government of India’s National Urban Livelihoods Mission (NULM) Scheme now renamed as “Deendayal Antyodaya… Read More »

Credit facilities to Scheduled Castes (SCs) & STs : RBI Master Circular

By | July 7, 2016

RBI/2016-17/05 FIDD.CO.GSSD.BC.No.03/09.09.01/2016-17 July 01, 2016 The Chairman / Managing Director All Scheduled Commercial Banks Dear Sir, Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs) Please refer to the Master Circular FIDD.CO.GSSD.BC.No 06/09.09.01/2015-16 dated July 01, 2015 consolidating guidelines / Instructions / directions issued to banks with regard to providing credit… Read More »

Category: RBI

Credit Facilities to Minority Communities : RBI Master Circular

By | July 7, 2016

RBI/2016-17/04 FIDD.GSSD.BC.No.01/09.10.01/2016-17 July 1, 2016 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir, Master Circular- Credit Facilities to Minority Communities Please refer to our Master Circular FIDD.GSSD.BC.No.05/09.10.01/2015-16 dated July 01, 2015, consolidating the instructions / guidelines / directives issued to banks till that date relating to Credit Facilities to Minority Communities. The Master… Read More »

SHG-Bank Linkage Programme : RBI Master Circular

By | July 7, 2016

BI/2016-17/3 FIDD.FID.BC.No.06/12.01.033/2016-17 July 01, 2016 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir Master Circular on SHG-Bank Linkage Programme The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable the banks to have instructions at… Read More »

Discontinuation of Reporting of Bank Guarantee on behalf of service importers

By | July 7, 2016

RBI/2016-17/8 A.P. (DIR Series) Circular No. 1 July 07, 2016 To All Category – I Authorised Dealer Banks Madam/Sir, Discontinuation of Reporting of Bank Guarantee on behalf of service importers Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to para no. 5 of the Master Direction No.8 dated January 01, 2016 on ‘Other… Read More »

Category: RBI

Lead Bank Scheme ; RBI Master Circular

By | July 7, 2016

RBI/2016-17/02 FIDD.CO.LBS.BC.No.5/02.01.001/2016-17 July 1, 2016 The Chairmen and Managing Directors SLBC Convenor Banks/Lead Banks Dear Sir/Madam MASTER CIRCULAR – Lead Bank Scheme The Reserve Bank of India has issued guidelines on Lead Bank Scheme from time to time. This Master Circular consolidates the relevant guidelines issued by Reserve Bank of India on Lead Bank Scheme… Read More »

Long Term (Subordinated) Deposits (LTDs) – Review of guidelines

By | July 7, 2016

RBI/2016-17/7 DCBR.BPD.Cir No. 21/09.18.201/2016-17 Ashadha 16, 1938 July 7, 2016 All Primary (Urban) Co-operative Banks (UCBs), State / District Central Co-operative Banks (StCBs / DCCBs) Dear Sir / Madam Long Term (Subordinated) Deposits (LTDs) – Review of guidelines Please refer to our circulars UBD.PCB.Cir.No.4/09.18.201/08-09 dated July 15, 2008 and RPCD.RCB.BC.73/07.51.012/2013-14 dated January 7, 2014 prescribing… Read More »

Revision of interest rates for Small Savings Schemes

By | July 7, 2016

RBI/2016-17/6 DGBA. GAD.13/15.02.005/2016-17 July 7, 2016 The Chairman/Chief Executive Officer Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014, Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004 Dear Sir Revision of interest rates for Small Savings Schemes Please refer to our circular DGBA.GAD.3175/15.02.005/2015-16 dated April 7, 2016 on the above subject. The Government of India,… Read More »

Appointment and Remuneration of Managerial Personnel Amendment Rules 2016

By | July 7, 2016

Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016 notified by MCA. The Ministry of Corporate Affairs vide notification dated 30th of June, 2016 released the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016. (“Managerial Personnel Rules”) We have presented below summary of the changes made to the Companies (Appointment and Remuneration… Read More »