RBI Update - 2008

• Maintenance of CRR
• Revised General Notification for issue of Government of India Dated Securities
• Investments in the equity of a bank by other banks or their group entities
• Levy of Service Charges for Electronic Payment Products and Outstation Cheque Collection
• Mobile Banking transactions in India - Operative Guidelines for Banks
• Maintenance of CRR
• Payment of interest on accounts frozen - UCBs
• Exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - Centurion Bank of Punjab Ltd
• Quarterly Statement to be submitted by Securitisation Companies / Reconstruction Companies registered with the Reserve Bank of India under Section 3(4) of the SARFAESI Act
• Acquisition of Accommodation on Lease/Rental basis by Primary Cooperative Banks for their use (i.e., for Office and Residence of Staff)
• Monitoring Framework for non-deposit taking NBFCs
• Non-Banking Financial Companies Auditor's Report (Reserve Bank) Directions, 2008
• Revival of the Interest-tax Act 1974-Collection from borrowers
• Access Criteria for National Payment Systems
• Prudential Norms on utilisation of Floating Provisions - Agricultural Debt Waiver and Debt Relief Scheme, 2008
• Settlement of Primary Auctions - Shortage of Funds
• Lending under Consortium Arrangement/Multiple Banking Arrangements
• New "Self Employment Scheme for Rehabilitation of Manual Scavengers" - Achievement of targets
• Payment of interest on accounts frozen by banks
• Display of information relating to Interest Rates and Service Charges - Rates at a quick glance
• Updation of cgt_flg as 'I' in case of e-payment transactions
• Unsolicited Commercial Communications - National Do Not Call Registry
• Guidelines on Asset-Liability Management System - Amendments - Scheduled UCBs
• Guidelines on Asset- Liability Management (ALM) System in Tier II UCBs (other than scheduled UCBs)
• Liquidity Risk Management System in Tier I UCBs- Guidelines
• Shortfall in Maintenance of SLR - Additional Liquidity support under LAF
• Second Liquidity Adjustment Facility
• Reclassification of NBFCs
• Display of information relating to Interest Rates and Service Charges - Rates at a quick glance
• Enhancement of Transparency in Bank's Affairs through Disclosures
• Acquisition of Accommodation on Lease / Rental basis by RRBs for their branches / offices - Liberalisation of guidelines
• Settlement of Claims in respect of Missing Persons
• Loans extended by banks to MFs and Issue of IPCs
• Alteration in the name of IDBI Bank
• Repayment of 7% Savings Bonds, 2002
• 7% Savings Bonds 2002, 6.5% Savings Bonds 2003 (Non-taxable) & 8% Savings (Taxable) Bonds 2003 - nomination facility to joint holders
• Orders of the President of India on the recommendations made by the Parliamentary Committee on Official Language in the 8th volume of its Report
• Acceptance of cash over the counter
• Simplified cyclical credit product for farmers
• Grievance Redressal Mechanism in banks
• Financial Inclusion by Extension of Banking Services - Use of Business Correspondents - Section 25 companies
• Financial Inclusion by Extension of Banking Services - Use of Business Correspondents
• Prudential Guidelines on Restructuring of Advances by Banks
• Simplification of lending procedures for crop loans
• Display of information by banks -  Comprehensive Notice Board
• Unclaimed Deposits/Inoperative Accounts in banks
• 7% Savings Bonds 2002, 6.5% Savings Bonds 2003 (Non-taxable) & 8% Savings (Taxable) Bonds 2003 - Collateral facility
• Acquisition of Accommodation on Lease / Rental basis by Commercial Banks for their branches / offices - Liberalisation of guidelines
• Enhancement of transparency in bank's affairs through disclosures
• Formation of new districts in Madhya Pradesh - Assignment of Lead Bank responsibilities
• Frauds - Future approach towards monitoring of frauds in NBFCs
• Prudential Norms for Off-Balance Sheet Exposures of Banks
• Infrastructure - Criteria for financing
• 8% Savings (Taxable) Bonds, 2003 - Income Tax Act, 1961 - TDS
• Prevention of Money Laundering Act, 2002 - Obligation of  NBFCs in terms of Rules notified there under
• Differential Rate of Interest Scheme
• Guidelines for NBFC-ND-SI as regards capital adequacy, liquidity and disclosure norms
• Accounting for taxes on income- Accounting Standard 22- Treatment of DTA and DTL for computation of capital
• SECOND Liquidity Adjustment Facility on Reporting Fridays
• Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Prudential Norms on Income Recognition, Asset Classification and Provisioning, and Capital Adequacy
• Maintenance of CRR
• Standing Liquidity Facilities for Banks and Primary Dealers
• Liquidity Adjustment Facility - Repo and Reverse Repo Rates
• First Quarter Review of Annual Monetary Policy for the Year 2008-09
• Credit Card Operations of Banks
• Banking facilities to the visually challenged
• Mobile Payments in India - Operating Guidelines for Banks
• Permissible Period of Remittance of  E-payment of Government Transactions
• UCBs:Instruments for Augmenting Capital Funds
• Formation of new districts in Chhattisgarh - Assignment of Lead Bank responsibility
• Union Budget - 2008-09 - Proposal for continuation of 2 per cent interest subvention scheme for short-term crop loans in 2008-09
• Balances held by UCBs with IDBI Bank Limited- Treatment for CRR/SLR purpose
• Banking facilities to the visually challenged
• Master Circular - Facility for Exchange of Notes and Coins
• Union Budget -2008-09 - Agricultural Debt Waiver and Debt Relief Scheme, 2008
• UCBs - Prevention of Money Laundering Act, 2002 - Obligation of banks in terms of Rules notified there under
• Master Circular on Branch Authorisation
• Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
• Master Circular on Housing Finance
• Master Circular on Area of Operation Branch Authorisation Policy Opening / Up-gradation of Extension Counters / ATMs and Shifting / Splitting / Closure of Offices
• UCBs - Master Circular on Maintenance of Deposit Accounts
• Master Circular on Investments by Primary (Urban) Co-operative Banks
• Master Circular - Interest Rates on Rupee Deposits
• Master Circular On Prudential Norms on Capital Adequacy
• Master Circular On Management of Advances
• Master Circular - Guaranteesm Co-Acceptances & Letters of Credit
• Master Circular On Income Recognition, Asset Classification, Provisioning & Other Related Matters
• Master Circular on Finance For Housing Schemes
• Master Circular on Exposure Norms and Statutory/Other Restrictions
• Master Circular - Lending to Micro, Small & Medium Enterprises Sector
• Master Circular - Para-banking Activities
• Master Circular on Credit Card Operations of banks
• Master Circular - Prudential norms for classification, valuation and operation of investment portfolio by banks
• Master Circular - Prudential Norms on Capital Adequacy - Basel I Framework
• Frauds - Classification and Reporting
• Master Circular - Non-Banking Financial Companies Auditor's Report (Reserve Bank) Directions, 1998
• Master Circular - Non-Banking Financial (Non - Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007
• Master Circular - Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007
• Master Circular - Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998
• Master Circular on Capital Adequacy Standards and Risk Management Guidelines for standalone Primary Dealers
• Master Circular - Operational Guidelines to Primary Dealers
• Master Circular - Exposure Norms for Financial Institutions
• Master Circular - Disclosure Norms for Financial Institutions
• Master Circular- Resource Raising Norms for Financial Institutions
• Master Circular - Bank Finance to NBFCs
• Master Circular - Disclosure in Financial Statements - Notes to Accounts
• Master Circular on Appointment & delisting of Brokers and Payment of Brokerage on Relief / Savings Bonds
• Master Circular on Guidelines for Issue of Certificates of Deposit
• Master Circular on Guidelines for Issue of Commercial Paper
• Master Circular on Call/Notice Money Market Operations
• Master Circular on Nomination Facility in Relief / Savings Bonds
• Master Circular on directions/instructions issued to the Securitisation Companies/Reconstruction Companies
• The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003
• Master Circular - Residuary Non-Banking Companies (Reserve Bank) Directions, 1987
• Master Circular - Mortgage Guarantee Companies Prudential Norms (Reserve Bank) Directions, 2008" and " Mortgage Guarantee Companies Investment (Reserve Bank) Directions, 2008
• Master Circular - Mortgage Guarantee Company (Reserve Bank) Guidelines, 2008
• Master Circular - Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 1977
• Master Circular-Frauds - Future approach towards monitoring of frauds in NBFCs
• Master Circular- Exemptions from the provisions of RBI Act, 1934
• Master Circular - Reserve Bank of India (NBFCs) Returns Specifications 1997
• Master Circular on Micro Credit
• Master Circular - Priority Sector Lendings - Credit Facilities to Minority Communities
• Master Circular - Guidelines for Relief Measures by Banks in Areas affected by Natural calamities
• Master Circular - Lending to Priority Sector
• Master Circular on Priority Sector Lending- Special Programmes- Sw
• Master Circular - Priority Sector Lending - Special Programmes SJSRY
• Master Circular - Credit Facilities to SCs & STs
• Master Circular on New SRMS from the Ministry of Social Justice & Empowerment for rehabilitation of all the remaining scavengers and their dependents by March 2009
• UCBs: Priority Sector Lending -Revision of Reporting Formats
• Section 42(1) of Reserve Bank of India Act, 1934 - Maintenance of CRR
• Prevention of Money Laundering Act, 2002 - Obligation of Banks in Terms of Rules Notified there under
• Standing Liquidity Facilities for Banks and Primary Dealers
• Liquidity Adjustment Facility - Repo and Reverse Repo Rates
• UCBs: Wilful Defaulters and action thereagainst
• Union Budget - 2008-09 - Agricultural Debt Waiver and Debt Relief Scheme, 2008
• Valuation of Non-SLR securities issued by the Government of India
• Use of Electronic Mode of Payment for Large Value Transactions
• Union Budget - 2008-09 - Agricultural Debt Waiver and Debt Relief Scheme, 2008
• Prevention of Money Laundering Act, 2002 - Obligation of banks in terms of Rules notified there under
• Section 45-IA, 45K and 45L of the RBI Act - Grant of CoR - Requirement of minimum NOF of Rs. 200 lakh for all deposit taking NBFCs
• Valuation of Non-SLR securities issued by the Government of India
• UCBs: Agricultural Debt Waiver and Debt Relief Scheme, 2008
• UCBs: Claims secured by residential property - Change in limits for risk weights
• Branch licensing norms for Primary (Urban) Cooperative banks-Liberalisation
• Review of circulars issued to Public Sector Banks
• Agricultural Debt Waiver and Debt Relief Scheme, 2008 - Additional Instructions
• Standing Liquidity Facilities for Banks and Primary Dealers
• Liquidity Adjustment Facility - Repo and Reverse Repo Rates
• Calendar of Reviews - Matters to be Placed Before Board of Directors, Management Committee and Audit Committee
• Banks' Exposure to Capital Market - Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments
• Valuation of Non-SLR securities issued by the Government of India
• Banking facilities to the visually challenged
• Monitoring bank advances to priority sectors - Special Return III - Disbursal of advances to priority sectors as on the last reporting Friday of June (Annual)
• Relaxation to trade and industry in the State of Jammu and Kashmir
• Secondary Market Settlements in Government Securities - NDS Settlements through Settlement Banks
• Union Budget - 2008-09 - Agricultural Debt Waiver and Debt Relief Scheme, 2008
• Capital Adequacy Norms - Treatment of banks' investments in subsidiaries / associates and of the subsidiaries' / associates' investments in parent banks
• Agricultural Debt Waiver and Debt Relief Scheme, 2008
• Exposure Norms
• Wilful defaulters and action thereagainst
• NDS - Order Matching System - Access through the CSGL Route
• UCBs: Installation of ATMs
• UCBs: Provisioning Requirement for Standard Assets
• Mahila Urban Co-operative Banks-Membership
• Union Budget - 2008-09 - Agricultural Debt Waiver and Debt Relief Scheme, 2008
• Improvement in data quality - Introduction of computerized receipts w.e.f. June 1, 2008
• Valuation of Non-SLR securities issued by the Government of India
• Prevention of Money Laundering Act, 2002 - Obligation of banks in terms of Rules notified there under
• Increasing opportunities for flow of credit to priority sector
• Consolidated Financial Statement
• UCBs: Revision of Individual Housing Loan Limits
• UCBs: Undertaking Insurance business
• Claims secured by residential property - Change in limits for risk weights
• Customer charges for use of ATMs for cash withdrawal and balance enquiry
• Settlement of claims in respect of missing persons
• Prudential Norms on Asset Classification Pertaining to Advances - Infrastructure projects under implementation and involving time overrun
• General Purpose Credit Cards and Overdrafts Against 'No-frills' Account as Indirect Finance to Agriculture Under Priority Sector
• Weaker Section Lending Targets - Ensuring Adherence
• Formation of new districts in Jharkhand - Assignment of Lead Bank responsibility
• Grievance Redressal Mechanism in banks
• Settlement of claims in respect of missing persons
• UCBs - Maintenance of CRR
• Annual Policy Statement for the Year 2008-09
• Macroeconomic and Monetary Developments in 2007-08
• Recovery Agents engaged by banks
• Financial Inclusion - Use of Business Facilitators/Business Correspondents
• UCBs - CRR Increased
• Revised Calendar of Reviews
• Regulation of SCs/RCs-disclosure while issuing Security Receipts
• Professionalisation of Managements of Urban Co-operative Banks
• Maintenance of CRR
• RBI increases CRR
• SCSS - Transfer of accounts from one Agency Bank to Another Agency Bank / Post Office - Accounting Procedure
• Total Financial Inclusion and Credit Requirement of SHGs
• New "Self Employment Scheme for Rehabilitation of Manual Scavengers"
• UCBs - Cheque Collection Policy
• Mandatory electronic payment of tax by certain Categories of taxpayers w.e.f. 1.4.2008
• Differential Rate of Interest Scheme- Revision of the income limits
• Guidelines on Asset-Liability Management ALM System
• Cut-off time for e-payment transactions pertaing to Government Revenue
• Income recognition, asset classification and provisioning norms
• PMRY- Cut-off date for lapsing of sanction and completion of disbursement of loans
• Formation of new district in Rajasthan - Assignment of Lead Bank responsibility
• Prudential Guidelines on Capital Adequacy and Market Discipline - Implementation of New Capital Adequacy Framework - Amendments
• Formation of new district in Gujarat - Assignment of Lead Bank Responsibility
• Supervisory Review Process under the New Capital Adequacy Framework - Guidelines for Pillar 2
• Annual Closing of Government Accounts
• Annual Reporting System in respect of Non-SSI Sick/Weak Industrial Units
• UCBs: Customer charges for use of ATMs for cash withdrawal and balance enquiry
• Customer charges for use of ATMs for cash withdrawal and balance enquiry
• Use of electronic mode of payment for large value transactions
• Classification of UCBs for Regulatory Purposes - Revised Norms
• Cut off time for e-Payment transactions pertaining to Government Revenue
• Frauds - Future approach towards monitoring of frauds in NBFCs
• Submission of returns and audited balance sheet by Securitisation Companies/Reconstruction Companies
• Prudential Norms for Issuance of Letters of Comfort by Banks regarding their Subsidiaries
• Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks
• Advances to Builders / Contractors
• Repayment of 6.5% Savings Bonds, 2003 (Non Taxable)
• Know Your Customer Norms / Anti-Money Laundering Standards / Combating of Financing of Terrorism
• RRBs: KYC Norms / Anti-Money Laundering Standards / Combating of Financing of Terrorism
• Credit Facilities to Scheduled Castes/Scheduled Tribes- Revised Annexure
• Guidelines for Relief Measures by Banks to Poultry Industry (2008)
• Know Your Customer Norms / Anti-Money Laundering Standards / Combating of Financing of Terrorism
• Regulatory Framework for Mortgage Guarantee Company
• RRBs - Maintenance of SLR
• Maintenance of SLR
• Bank Finance to Factoring Companies
• UCBs: Risk Weight for Educational Loans
• Third Quarter Review of Annual Monetary Policy for the Year 2007-08
• Prudential Norms for Capital Adequacy - Risk Weight for Educational Loans
• Data quality in Electronic Accounting System in Central Excise & Service Tax (EASIEST)
• Regulatory Framework for Mortgage Guarantee Company
• Formation of new district in Tamil Nadu - Assignment of Lead Bank responsibility
• RRBs - Appropriation from Reserve Fund
• Secondary Market Transactions in Government Securities - Short-selling
• 'When Issued (WI)' transactions in Central Government Securities

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