RBI master circulars - Page 35

RBI issued circular, relaxing existing norms on Investment Portfolio of Primary Dealers

RBI/2009-10/136 IDMD.PDRD.No. 1050/ 03.64.00/2009-10 (31/08/2009)

Banks undertaking PD activities departmentally may continue to follow the extant guidelines applicable to the banks in regard to the classification and valuation of the investment portfolio issued by our Department of Banking Operations and Development....

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Increase in exemption of collateral security in respect of individual and group loans under SGSY Scheme

RBI/2009-10/ 127-RPCD.SP.BC.No 12/09.01.01/2009-10 (24/08/2009)

The scheme aims at establishing a large number of micro enterprises in the rural areas. The list of Below Poverty Line (BPL) households identified through BPL census duly approved by Gram Sabha will form the basis for identification of families for assistance under SGSY....

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Acknowledgement of Nomination- Banking Companies (Nomination) Rules, 1985

RBI/2008-09/406 (DBOD.No.Leg. BC.114 /09.07.005/2008-09 (09/03/2009)

Banks are therefore advised to strictly comply with the provisions of Banking Regulation Act, 1949 and Banking Companies (Nomination) Rules, 1985 and devise a proper system of acknowledging the receipt of the duly completed form of nomination, cancellation and / or variation of the nomination. Such acknowledgement should be given to all t...

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