1. RATE OF INTEREST IN CASE OF RUPEE EXPORT CREDIT. % age per annum 1. Pre-Shipment Credit a) Upto 180 days OBC 1 to 3: BR+0.50% OBC 4 to 6: BR+0.

Size: px
Start display at page:

Download "1. RATE OF INTEREST IN CASE OF RUPEE EXPORT CREDIT. % age per annum 1. Pre-Shipment Credit a) Upto 180 days OBC 1 to 3: BR+0.50% OBC 4 to 6: BR+0."

Transcription

1 1. RATE OF INTEREST IN CASE OF RUPEE EXPORT CREDIT Annexure IV Category of Export Credit Rate of Interest on advances % age per annum 1. Pre-Shipment Credit a) Upto 180 days OBC 1 to 3: BR+0.50% OBC 4 to 6: BR+0.75% OBC 7 to 10: BR+1.00% b) Above 180 days and upto 360 days OBC 1 to 3: BR+0.75% OBC 4 to 6: BR+1.00% OBC 7 to 10: BR+1.25% c) Above 360 days BR+6.75% d) For exporters under Gold Card Scheme (upto 360 days) OBC 1 to 3: BR+0.50% OBC 4 to 6: BR+0.75% OBC 7 to 10: BR+1.00% e) For exporters under Gold Card Scheme (over 360 days) BR+6.75% f) Proceeds adjusted by Rupee funds from borrower s own BR+6.75%+2% from date of advance resources 2. Post-Shipment Credit a) On demand bills for transit period (as specified by FEDAI) OBC 1 to 3: BR+0.50% OBC 4 to 6: BR+0.75% OBC 7 to 10: BR+1.00% b) Usance Bills (for total period comprising usance period of export bills, transit period as specified by FEDAI and grace period wherever applicable) (i) Upto 180 days OBC 1 to 3: BR+0.75% OBC 4 to 6: BR+1.00% OBC 7 to 10: BR+1.25% (ii) Above 180 days and upto 365 days OBC 1 to 3: BR+1.25% OBC 4 to 6: BR+3.25% OBC 7 to 10: BR+3.75% (iii) Above 365 days BR+6.75%

2 Category of Export Credit (iv) Upto 365 days for exporters under the Gold Card Scheme (v) Beyond 365 days for exporters under the Gold Card Scheme (vi) If credit is adjusted out of Rupee funds from borrower s own resources (vii) Against incentives receivable from Government covered by ECGC guarantee /Against undrawn balances/against retention money (for supplies portion only payable within one year from the date of shipment (All upto 90 days) 3. Deferred Credit Deferred credit for the period beyond 180 days 3. Export Credit Not otherwise specified (ECNOS) Pre shipment Credit Post shipment credit If the credit is adjusted out of rupee funds received from ECGC towards settlement of claims under the transfer delay guarantee Where exports do not take place Rate of Interest on advances % age per annum OBC 1 to 3: BR+0.50% OBC 4 to 6: BR+0.75% OBC 7 to 10: BR +1.00% BR+6.75% BR+6.75%+2% from date of advance BR+1.25% BR+6.75% BR+6.75% BR+6.75% BR+6.75% BR+6.75%+2% from date of advance Page 2 of 17

3 Category of Export Credit Rate of Interest on advances % age per annum INTEREST RATES ON OVERDUE EXPORT BILLS A. Rate of Interest On overdue post shipment Rupee BR+4% from the original due date of Bill. Export Credit, if the same is adjusted a. Out of Rupee funds of the borrower s own resources, as per RBI vide DBOD.Dir.BC.No.85/ / dated April 18,2011 on Liquidation of Post Shipment Rupee Export Credit. (The rate of interest from the date of advance to the original due date shall remain unchanged.) b. Out of Other permissible proceeds, as per the RBI master circular DBOD No.DIR. (Exp).BC / dated July 1, 2010 on Rupee/ Foreign Currency Export Credit and Customer Services. c. Partly out of rupee funds as mentioned in point a above and partly out other permissible proceeds as mentioned in point b above. Page 3 of 17

4 2. RATE OF INTEREST UNDER VARIOUS SCHEMES Construction Contractors Scheme For Working Capital facilities and Term Loans to contractors. Internal Rating Grade 1 BR % 2 BR % 3 BR % 4 & 5 BR % 6 & Above BR % Applicable Rate of Interest Corporate Loan Scheme Pricing shall be approved by the respective Sanctioning Authority. Future Rental Scheme Future Rental Scheme Commercial Real Estate Category Limit Slab Upto `1.00 Crore BR % > `1.00 Crore to `10.00 Crore BR % > `10.00 Crore to `50.00 Crore BR % Above `50 Crore BR % Non-Commercial Real Estate Category: Upto `1.00 Crore BR % > `1.00 Cr to `10.00 Crore BR % > `10.00 Crore to `50.00 Crore BR % Above ` 50 Crore BR % Rate of Interest Page 4 of 17

5 3. INTEREST RATES ON ADVANCE TO MICRO AND SMALL ENTERPRISES (MFG & SERVICES) NOT CATEGORIZED UNDER PRIORITY SECTOR %AGE PER ANNUM Size of the limit Internal Rating Grade Rate of Interest Up to ` N.A BR+1.75% Above `50000 but up to `2.00 Lacs Above `2.00 Lacs but up to `25.00 Lacs Above `25.00 Lacs and up to `1.00 Crore N.A N.A BR+2.00% BR+2.25% 1 BR+2.50% 2 BR+2.75% 3 BR+3.00% 4 BR+3.25% 5 BR+3.50% 6 & Below BR+3.75% Above `1.00 Crore 1 BR+2.75% 2 BR+3.00% 3 BR+3.50% 4 BR+4.00% 5 BR+4.50% 6 & Below BR+5.50% Page 5 of 17

6 4. INTEREST RATES ON ADVANCE TO MEDIUM ENTERPRISES (MFG & SERVICES) NOT CATEGORIZED UNDER PRIORITY SECTOR %AGE PER ANNUM Size of the limit Internal Rating Grade Rate Of Interest Up to `25.00 Lacs 1 BR % Above `25.00 Lacs and up to `1.00 Crore 2 BR % 3 BR % 4 BR % 5 BR % 6 & Below BR % 1 BR % 2 BR % 3 BR % 4 BR % 5 BR % 6 & Below BR % Above `1.00 Crore 1 BR % 2 BR % 3 BR % 4 BR % 5 BR % 6 & Below BR % Page 6 of 17

7 5. INTEREST RATES ON ADVANCE TO MICRO AND SMALL ENTERPRISES (MFG & SERVICES) CATEGORIZED UNDER PRIORITY SECTOR %AGE PER ANNUM Size of the limit Internal Rating Grade Rate of Interest Up to ` N.A BR+1.75% Above `50000 but up to `2.00 Lacs Above Rs 2.00 Lacs but up to `25.00 Lacs Above `25.00 lac and up to `1.00 Crore N.A N.A BR+2.00% BR+2.25% 1 BR+2.25% 2 BR+2.50% 3 BR+3.00% 4 BR+3.00% 5 BR+3.00% 6 & Below BR+3.00% Above `1.00 Crore 1 BR+2.25% 2 BR+2.50% 3 BR+3.00% 4 BR+3.50% 5 BR+3.50% 6 & Below BR+3.50% Page 7 of 17

8 6. INTEREST RATES ON ADVANCE TO MEDIUM ENTERPRISES (MFG & SERVICES) CATEGORIZED UNDER PRIORIY SECTOR %AGE PER ANNUM Size of the limit Internal Rating Grade Rate of Interest Up to `25.00 Lacs 1 BR % Above `25.00 Lacs and up to `1.00 Crore 2 BR % 3 BR % 4 BR % 5 BR % 6 & Below BR % 1 BR % 2 BR % 3 BR % 4 BR % 5 BR % 6 & Below BR % Above `1.00 Crore 1 BR % 2 BR % 3 BR % 4 BR % 5 BR % 6 & Below BR % Page 8 of 17

9 7. INTEREST RATES ON ADVANCE TO MICRO AND SMALL ENTERPRISES (MSE) UNDER CREDIT GUARANTEE SCHEME OF CGTMSE %AGE PER ANNUM Size of the limit Internal Rating Grade Rate of Interest Up to ` For all grades BR Above `50000 but up to `2.00 Lacs Above `2.00 Lacs but up to `25.00 Lacs Above `25.00 Lacs and up to `1.00 Crore For all grades BR For all grades BR % 1 BR % 2 BR % 3 BR % 4 BR % 5 BR % 6 & Below BR % Page 9 of 17

10 8. ADVANCE AGAINST DOMESTIC TERM DEPOSITS, NRE DEPOSITS, FCNR (B) DEPOSITS AND RESIDENT FOREIGN CURRENCY DEPOSITS Advance against Self Deposits Domestic / NRE Deposit provided that the deposit/s stands/stand either in the name(s) of the borrower himself/borrowers themselves, or in the names of the borrower jointly with another person Advance against Third Party Deposits Domestic / NRE Deposit where the deposits do/does not stands/stand either in the name(s) of the borrower himself/borrowers themselves, or in the names of the borrower jointly with another person. If the term deposit against which an advance was granted is withdrawn before completion of the prescribed minimum maturity period Rate of Interest on advances % age per annum 1.00% over the applicable rates of interest on deposits. 2.00% over the applicable rates of interest on deposit with a floor of BR BR %+2.00% RUPEE LOAN AGAINST FCNR DEPOSITS/ RESIDENT FOREIGN CURRENCY DEPOSIT (RFC) (IN INDIA) Loan for self Term Loan Period Interest rate Upto 2 years BR % 2 year and above but less than 3 year BR % 3 years and above BR % Rate of Interest on advances % age per annum Loan for Third Party Term Loan Upto 2 years BR % 2 year and above but less than 3 year BR % 3 years and above BR % Page 10 of 17

11 Demand Loans Interest Rate for Demand Loans for self/third party shall be as above according to the residual maturity of deposit as the repayment period is not specified by the customer. FOREIGN CURRENCY LOAN AGAINST FCNR DEPOSITS (IN INDIA) Foreign Currency Loan to self against FCNR deposit Foreign Currency Loan to third party against FCNR deposit 2.00% over the applicable rate of interest on deposits 3.00% over the applicable rate of interest on deposits FOREIGN CURRENCY LOAN AGAINST NRE DEPOSITS (IN INDIA) 1. Foreign currency loans against NRE deposits shall be priced keeping in view the swapped cost of foreign currency funds, as applicable. 2. Minimum 2% spread in interest rate over swapped cost in case of deposit holder and Minimum 3% spread in interest rate over swapped cost shall be charged in case of third party. Page 11 of 17

12 9. INTEREST RATES ON PAPER SECURITIES, RELIEF BONDS OF RBI & OTHER ADVANCES Advance up to `10 Lacs against LIC policies, NSCS, KVP, other postal securities, govt. & other paper securities not covered under Retail Scheme. Advance above `10.00 Lacs Against LIC policies, NSCS, KVP, other postal securities, govt. & other paper securities not covered under Retail Scheme. BR % (%AGE PER ANNUM) BR % irrespective of size of Limit Advance up to `10 Lacs against Relief Bonds issued by RBI BR % Advance above `10 Lacs against Relief Bonds issued by RBI BR % irrespective of size of Limit Advances against Shares/Debentures/ Bonds Advances / Withdrawals against Uncleared Effects BR % Clean Overdraft/Clean Demand Loan BR % BR % irrespective of size of Limit Loans/Advances/Cash Credit/Overdraft against commodities subject to Selective Credit Control Any other category not covered above. BR % irrespective of size of Limit BR % irrespective of size of Limit Page 12 of 17

13 10. INTEREST RATES ON ADVANCES TO NBFCs SPREAD OVER BASE RATE BASED ON THE COMBINATION OF INTERNAL AND EXTERNAL RATING GRADE OF THE BORROWER Internal Credit Risk Rating External Credit Risk Rating AAA AA A BBB BB B C D Unrated Large Corp. Unrated Mid Corp. OBC % 0.75% 1.25% 2.25% 3.00% 3.50% 4.00% 5.00% 2.00% 2.50% OBC % 1.50% 2.00% 2.75% 3.25% 3.75% 4.00% 5.00% 2.50% 3.00% OBC % 2.00% 2.75% 3.25% 3.75% 4.00% 4.25% 5.00% 3.00% 3.50% OBC % 2.25% 3.00% 3.75% 4.00% 4.25% 4.50% 5.00% 3.50% 4.00% OBC % 2.75% 3.25% 4.00% 4.25% 4.50% 4.75% 5.00% 3.75% 4.25% OBC % 3.25% 3.50% 4.25% 4.50% 4.50% 4.75% 5.00% 3.75% 4.50% OBC % 3.75% 3.75% 4.25% 4.50% 4.75% 4.75% 5.00% 4.00% 4.75% OBC % 4.00% 4.00% 4.50% 4.75% 4.75% 4.75% 5.00% 4.50% 4.75% OBC % 4.50% 4.50% 4.50% 4.75% 4.75% 4.75% 5.00% 4.75% 4.75% OBC % 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 11. INTEREST RATES ON BILL DISCOUNTED / PURCHASED UNDER LETTER OF CREDIT TYPE OF LETTER OF CREDIT TENOR OF BILL (%AGE PER ANNUM) Rate of interest on Upto 90 Days Negotiating/Discounting of Bills BR % under Inland Letter of Credit (DA) Above 90 Days and upto 180 Days BR % Rate of interest on Bills Purchased under Inland Letter of Credit (DP) DP BR % Page 13 of 17

14 12. TRADING & SERVICE SECTOR COVERED UNDER PRIORITY SECTOR Advances to Traders & Service enterprises covered under priority sector as per RBI guidelines & guidelines issued by RDPSD, Head Office from time to time and other advances covered under specific scheme approved by the Bank. %AGE PER ANNUM AS APPLICABLE TO MICRO & SMALL ENTERPRISES. However, traders with limit above 20 lacs are to be treated as conventional. 13. TRADING AND SERVICE SECTOR NOT COVERED UNDER PRIORITY SECTOR Rate of Interest on advances % age per annum Trading / Service Sector (Not covered under the Priority Sector or any other specific scheme) Internal Rating Grade 1 BR % 2 BR % 3 BR % 4 & 5 BR % 6 & Above BR % Applicable Rate of Interest Page 14 of 17

15 14. LIGHT AND HEAVY COMMERCIAL VEHICLE %AGE PER ANNUM Size of the limit Internal Rating Grade Rate of Interest Up to ` N.A BR +1.50% Above `50000 but up to `2.00 Lacs Above `2.00 Lacs but up to `25.00 Lacs Above `25.00 Lacs and up to `1.00 Crore N.A BR +1.75% N.A BR % 1 BR % 2 BR % 3 BR % 4 BR % 5 BR % 6 & Below BR % Above `1.00 Crore 1 BR % 2 BR % 3 BR % 4 BR % 5 BR % 6 & Below BR % Page 15 of 17

16 15. RATE OF INTEREST ON TRANSPORT SECTOR ADVANCES AND SCHEMES FOR TRANSPORT (PRIORITY SECTOR) Scheme for financing Retro fitment of CNG Kits in Diesel Buses, Taxis, Three Wheelers Loan amount upto `2.00 Lacs BR % Loan amount above `2.00 Lacs BR % Scheme for granting second term loan for purchase of Tyres, Repairs of Body, Chassis and Engine for Buses, Taxis, Three-Wheelers. Irrespective of size of limit BR % %AGE PER ANNUM Scheme for financing Autos / Taxis Loan amount upto `0.50 Lacs BR % Loan amount above `50000 & upto `2.00 Lacs BR % Loan amount above `2.00 Lacs BR % Scheme for purchasing new Truck, Bus, Pick-up van and other transport vehicles (Priority and non-priority) Loan amount upto `5.00 Lacs BR % Loan amount above `5.00 Lacs BR % Page 16 of 17

17 16. INTEREST RATES ON ADVANCES TO OTHER CONVENTIONAL LOANS NOT SPECIFIED ELSEWHERE SPREAD OVER BASE RATE BASED ON THE COMBINATION OF INTERNAL AND EXTERNAL RATING GRADE OF THE BORROWER Internal Credit Risk Rating External Credit Risk Rating AAA AA A BBB BB B C D Unrated Large Corp. Unrated Mid Corp. OBC % 0.75% 1.25% 2.25% 3.00% 3.50% 4.00% 5.00% 2.00% 2.50% OBC % 1.75% 2.50% 2.75% 3.25% 3.75% 4.00% 5.00% 2.50% 3.00% OBC % 2.00% 2.75% 3.25% 3.75% 4.00% 4.25% 5.00% 3.00% 3.50% OBC % 2.25% 3.00% 3.75% 4.00% 4.25% 4.50% 5.00% 3.50% 4.00% OBC % 2.75% 3.25% 4.00% 4.25% 4.50% 4.75% 5.00% 3.75% 4.25% OBC % 3.25% 3.50% 4.25% 4.50% 4.50% 4.75% 5.00% 3.75% 4.50% OBC % 3.75% 3.75% 4.25% 4.50% 4.75% 4.75% 5.00% 4.00% 4.75% OBC % 4.00% 4.00% 4.50% 4.75% 4.75% 4.75% 5.00% 4.50% 4.75% OBC % 4.50% 4.50% 4.50% 4.75% 4.75% 4.75% 5.00% 4.75% 4.75% OBC % 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% Page 17 of 17

Non-Trade: Working Capital & Term loans. Spread Effective Lending

Non-Trade: Working Capital & Term loans. Spread Effective Lending Non-Trade: Working Capital & Term loans Table- (i) a. Aggregate Limits :> Rs. 500 crore SB-1 8.15% 2.00% 0.75% 8.90% SB-2 8.15% 2.00% 0.75% 8.90% SB-3 8.15% 2.50% 1.50% 9.65% SB-4 8.15% 2.50% 1.50% 9.65%

More information

ANNEXURE - I SCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES Base 10.50% w.e.f

ANNEXURE - I SCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES Base 10.50% w.e.f ANNEXURE - I SCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES WORKING CAPITAL LIMITS AND TERM LOANS Advances upto Rs.25 Lacs Term loan & Working Capital - Priority BR + 3.25% - Non-Priority BR + 4% - NBFCs

More information

SCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES Base 10.40% w.e.f

SCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES Base 10.40% w.e.f SCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES WORKING CAPITAL LIMITS AND TERM LOANS Advances less than & including Rs.25 Lacs Term loan & Working Capital - Priority - Non-Priority - NBFCs [excl Micro

More information

Revision in Base Rate w.e.f

Revision in Base Rate w.e.f Bank of India Head Office CORPORATE CREDIT Department Revision in w.e.f. 31.03.2017 ---------------------------------- 1. has been revised from 9.65% to 9.55% p.a. w.e.f. 31.03.2017. 2. BPLR continues

More information

# no other component to be added over and above these three components like tenor premium etc.

# no other component to be added over and above these three components like tenor premium etc. Bank of India Head Office CORPORATE CREDIT Department MARGINAL COST OF FUND BASED LENDING RATES (MCLR) Revision in Credit Spread w.e.f. 01.01.2017. ---------------------------------------------------------------------------------------------

More information

Rate of Interest for existing Rupee Export Credit (Linked to BR) Part I Base Rate (BR) 9.50% 9.50%

Rate of Interest for existing Rupee Export Credit (Linked to BR) Part I Base Rate (BR) 9.50% 9.50% Part I Base Rate (BR) 9.50% 9.50% Nature of Advance A. Pre-shipment Credit a. Up to the cyclical period as approved by Bank in all not exceeding 270 days. b. If the Pre-shipment Credit is outstanding beyond

More information

INTEREST RATES ON EXPORT CREDIT AND LOANS AGAINST FCNR(B) / NR(E)RA DEPOSITS

INTEREST RATES ON EXPORT CREDIT AND LOANS AGAINST FCNR(B) / NR(E)RA DEPOSITS S ON EXPORT CREDIT AND 1 2 S ON NORMAL RUPEE EXPORT CREDIT PRE-SHIPMENT EXPORT CREDIT (a) i) Upto 180 days ii) Beyond 180 days and upto 270 days iii) Beyond 270 days + 3.50% (b) Against incentives receivable

More information

Personal Segment Loan Products

Personal Segment Loan Products Personal Segment Loan Products Rate of under with effect from 03/12/2018 1. Home Loan Product Home Loan - Floating Home Loan - Fixed Plot Loan HL under CRE Sub- Category Upto Rs. 75.00 Lakh 8.75% 0.00%

More information

i) Revised Rate of Interest structure for MSE advances w.e.f :

i) Revised Rate of Interest structure for MSE advances w.e.f : Interest Rates linked to Base Rate: 1. Micro and Small Enterprises (MSE): i) Revised structure for MSE advances w.e.f. 05.10.2015: a. Advances to Micro & Small Enterprises covered under CGTMSE Category

More information

Documents required for CUB JEWEL LOAN

Documents required for CUB JEWEL LOAN Documents required for CUB JEWEL LOAN Demand Promissery Note Hypothecation Agreement Pledge Agreement Rates & Other Charges : Annexure II A. Rate of Interest on Advances for Agricultural purposes: Sl.

More information

Documents required for CUB HOUSING LOAN

Documents required for CUB HOUSING LOAN Documents required for CUB HOUSING LOAN PAN Card Voter ID Ration Card Driving Licence Passport Employment Details Salary Certificate Income Proof Quotation from the vendor Construction Agreement (for House

More information

Interest Rates based on one year MCLR w.e.f

Interest Rates based on one year MCLR w.e.f 1. Bank's Base Rate (BR) w.e.f. 05.10.2015 is 9.70% 2. Bank's Benchmark Prime Lending Rate (BPLR) w.e.f. 05.10.2015 is 13.95% 3. Marginal cost of Fund Based Lending Rate (MCLR) w.e.f 10.05.2017 (i) (ii)

More information

BANK OF BAHRAIN & KUWAIT B.S.C. INTEREST RATES ON RUPEE DEPOSITS RESIDENT SAVINGS ACCOUNT ( w.e.f )

BANK OF BAHRAIN & KUWAIT B.S.C. INTEREST RATES ON RUPEE DEPOSITS RESIDENT SAVINGS ACCOUNT ( w.e.f ) INTEREST RATES ON RUPEE DEPOSITS RESIDENT SAVINGS ACCOUNT ( w.e.f. 01-12-2016 ) RATE OF INTEREST (P.A.) For balance up to Rs. 10 Lakh 4.00 For balance above Rs. 10 Lakh 5.00 NRE AND NRO SAVINGS ACCOUNT

More information

BANK OF BAHRAIN & KUWAIT B.S.C.

BANK OF BAHRAIN & KUWAIT B.S.C. INTEREST RATES ON RUPEE DEPOSITS RESIDENT SAVINGS ACCOUNT ( w.e.f. 01-12-2016 ) RATE OF INTEREST (P.A.) For balance up to Rs. 10 Lakh 4.00 For balance above Rs. 10 Lakh 5.00 NRE AND NRO SAVINGS ACCOUNT

More information

Exposure slab Up to Rs.10 lakh Exposure slab Up to Rs. 25 lakh MSEs MCLR + BSS MSEs MCLR % + BSS Non MSEs MCLR + 1% + BSS Non MSEs

Exposure slab Up to Rs.10 lakh Exposure slab Up to Rs. 25 lakh MSEs MCLR + BSS MSEs MCLR % + BSS Non MSEs MCLR + 1% + BSS Non MSEs Interest rate Linked to : 1. Slab wise rate of interest for exposure up to Rs 25 Lakh Existing ROI Revised ROI* Exposure slab Up to Rs.10 lakh Exposure slab Up to Rs. 25 lakh MSEs + BSS MSEs + 1.75% +

More information

TMB MSME CREDIT SCHEME

TMB MSME CREDIT SCHEME TMB MSME CREDIT SCHEME PARAMETERS Purpose Coverage SCHEME GUIDELINES To provide Bank Credit to MSME at liberalized terms towards working capital and term loan for acquiring fixed assets All Micro, Small

More information

Service Charges (Excluding GST) Upto USD 10,000. Rs.1000/- 0.20% ; Min.Rs.1000/-

Service Charges (Excluding GST) Upto USD 10,000. Rs.1000/- 0.20% ; Min.Rs.1000/- (Annexure- VI) FOREX Service Charges (Excluding GST) 1 FOREIGN BUSINESS DEPARTMENT I) Export Bills purchased/ discounted/negotiated i) For each bill (Foreign Currency/ Rupee) purchased/discounted/ negotiated

More information

SERVICE CHARGES AND INTEREST RATES AT A GLANCE RBI FORMAT 1. DEPOSIT ACCOUNTS

SERVICE CHARGES AND INTEREST RATES AT A GLANCE RBI FORMAT 1. DEPOSIT ACCOUNTS SERVICE CHARGES AND INTEREST RATES AT A GLANCE RBI FORMAT 1. DEPOSIT ACCOUNTS NATURE RATE OF INTEREST MINIMUM BALANCE Normal Sr. Citizen Rural Semi urban Urban ACCOUNT 1 Savings Bank A/cs A.Domestic a.

More information

FOREIGN EXCHANGE TRANSACTIONS

FOREIGN EXCHANGE TRANSACTIONS FOREIGN EXCHANGE TRANSACTIONS Sl Subject Page No. 1. General 2. Export bills purchased/ discounted/ negotiated: 2.1 Foreign Currency Bill 2.2 Rupee Bill 3 2.3 Bill sent to another bank in India 2.4 Indemnity

More information

CO: CR:POL:2017/2018:1733, FILE NO 26, DEPT RUNNING NO 124, DATE

CO: CR:POL:2017/2018:1733, FILE NO 26, DEPT RUNNING NO 124, DATE CO: CR:POL:2017/2018:1733, FILE NO 26, DEPT RUNNING NO 124, DATE 01.06.2017 Revised Service charges for Advances other than Retail, Agriculture and Schematic MSME Advances (Fund Based and Non-fund Based

More information

REVISED FOREX SERVICE CHARGES. Schedule I Export Transactions

REVISED FOREX SERVICE CHARGES. Schedule I Export Transactions REVISED FOREX SERVICE CHARGES Annexure I Sr 01 02 Schedule I Export Transactions Particular Export Bills on collection/ s Purchase/ Discount/Negotiation Processing charges for granting Postshipment Advance

More information

INTEREST RATE FOR MICRO & SMALL ENTERPRISES (MSE) MSE PSL cases (without exposure ceiling) & MSE non-psl cases (for exposure up to 5 crore)

INTEREST RATE FOR MICRO & SMALL ENTERPRISES (MSE) MSE PSL cases (without exposure ceiling) & MSE non-psl cases (for exposure up to 5 crore) INTEREST RATE FOR MICRO & SMALL ENTERPRISES (MSE) MSE PSL cases (without exposure ceiling) & MSE non-psl cases (for exposure up to 5 crore) 1. Indicative Rate of Interest (ROI) structure (per annum) A.

More information

FAIR PRACTICES CODE I) APPLICATION FOR LOANS & ADVANCES AND SCHEDULE OF CHARGES

FAIR PRACTICES CODE I) APPLICATION FOR LOANS & ADVANCES AND SCHEDULE OF CHARGES FAIR PRACTICES CODE I) APPLICATION FOR LOANS & ADVANCES AND SCHEDULE OF CHARGES 1) The bank considers sanction of credit facilities to various types of borrowers, if such a request is received from them.

More information

TABLE A-I: Limits from Rs.10 Lakh TO < Rs.1 Crore. TABLE A-II: Rs. I CRORE TO < Rs 5 Crore

TABLE A-I: Limits from Rs.10 Lakh TO < Rs.1 Crore. TABLE A-II: Rs. I CRORE TO < Rs 5 Crore SMALL & MEDIUM ENTERPRISES STRATEGIC BUSINESS UNIT Revision in w.e.f. 30.04.2015 MICRO ENTERPRISES TABLE A: For limits below Rs.10 Lakh SANCTIONED LIMIT Proposed UP TO 50000 0.00 To continue 50000 TO

More information

RBI / / 153. DBOD IECS No. 35 / / September 1, The Chairmen/Chief executives of all Commercial Banks.

RBI / / 153. DBOD IECS No. 35 / / September 1, The Chairmen/Chief executives of all Commercial Banks. 1 RBI / 2004-05 / 153 DBOD IECS No. 35 /04.02.02/2004-05 September 1, 2004 The Chairmen/Chief executives of all Commercial Banks Dear Sir, Master Circular on EXPORT CREDIT IN FOREIGN CURRENCY As you are

More information

SERVICE CHARGES AND INTEREST RATES AT A GLANCE RBI FORMAT. NATURE RATE OF INTEREST MINIMUM BALANCE Normal Sr. Citizen Rural Semi urban

SERVICE CHARGES AND INTEREST RATES AT A GLANCE RBI FORMAT. NATURE RATE OF INTEREST MINIMUM BALANCE Normal Sr. Citizen Rural Semi urban SERVICE CHARGES AND INTEREST RATES AT A GLANCE 1. DEPOSIT ACCOUNTS RBI FORMAT NATURE RATE OF INTEREST MINIMUM BALANCE Normal Sr. Citizen Rural Semi urban Urban ACCOUNT 1 Savings Bank A/cs A.Domestic a.

More information

ANDHRA PRAGATHI GRAMEENA BANK HEAD OFFICE : KADAPA

ANDHRA PRAGATHI GRAMEENA BANK HEAD OFFICE : KADAPA ANDHRA PRAGATHI GRAMEENA BANK HEAD OFFICE : KADAPA Circular No.248-2008-BC-CD Date:02.12.08 CREDIT RISK RATING SYSTEM Attention of all the Branches / Regional Offices / Societies is drawn to the captioned

More information

Forex related Service Charges (Excluding GST)

Forex related Service Charges (Excluding GST) Forex related Service Charges (Excluding GST) DESCRIPTION A. EXPORT RELATED TRANSACTIONS 1 PCFC Disbursal Charges: a. For domestic Inputs (Conversion into Rupee) b. For imported inputs (direct remittance

More information

8. SERVICE CHARGES AND INTEREST RATES AT A GLANCE. RBI FORMAT ================ DEPOSIT ACCOUNTS

8. SERVICE CHARGES AND INTEREST RATES AT A GLANCE. RBI FORMAT ================ DEPOSIT ACCOUNTS ACCOUNT 8. SERVICE CHARGES AND INTEREST RATES AT A GLANCE. RBI FORMAT ================ DEPOSIT ACCOUNTS NATURE RATE OF INTEREST MINIMUM BALANCE Normal Sr. Citizen Rural Semi urban Urban 1 Savings Bank

More information

भ रत य रज़वर ब क. RESERVE BANK OF INDIA RBI/ /165 DBOD.Dir.(Exp).BC.No.36 / / August 9, 2010

भ रत य रज़वर ब क. RESERVE BANK OF INDIA  RBI/ /165 DBOD.Dir.(Exp).BC.No.36 / / August 9, 2010 भ रत य रज़वर ब क RESERVE BANK OF INDIA www.rbi.org.in RBI/2010-11/165 DBOD.Dir.(Exp).BC.No.36 /04.02.001/2010-11 August 9, 2010 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam Rupee Export

More information

INTERNATIONAL DIVISION

INTERNATIONAL DIVISION I. EXPORTS 1. (A) Bills Purchased / Discounted / Negotiated (a) Processing Charges for Foreign Currency Export Bills (b) Processing Charges for each Rupee Export Bills (c) Forwarding Export Document on

More information

/Head Office. Sl. Rate of Interest (linked with MCLR- Y) MCLR-Y=8.60% w.e.f Category of Advance

/Head Office. Sl. Rate of Interest (linked with MCLR- Y) MCLR-Y=8.60% w.e.f Category of Advance 龸 ؼ 맘 κꔰؼ 퀍ᅧ퀍 κ フィート䁯 맘 /United Bank of India 맘 ؼ ᅧ맘맘 /Head Office Rate of interest Chart on various categories of loans and advances linked with MCLR MCLR internal benchmark rate for different maturities

More information

SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS w.e.f 01 st April, 2015.

SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS w.e.f 01 st April, 2015. SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS w.e.f 01 st April, 2015. (All charges are inclusive of service tax) A. INWARD REMITTANCES: i) Execution of SWIFT remittances. Rs. 230/- per remittance.

More information

Penalty for delayed repayment s. Nil * 0.25% of the balance outstanding / Drawing power whichever is higher

Penalty for delayed repayment s. Nil * 0.25% of the balance outstanding / Drawing power whichever is higher A. Retail s Product Easy Cash (against securities other than deposits) PF/ Admn fee (excluding Taxes) 0.15% of limit, subject to minimum Rs. 150.00 Prepayment / Pre-closure charges Penalty for delayed

More information

ब क ऑफ बड़ द Bank of Baroda Proposed Revised Service Charges (Excluding GST)

ब क ऑफ बड़ द Bank of Baroda Proposed Revised Service Charges (Excluding GST) SECTION I DEPOSIT AND ALLIED SERVICES AREA OF BANKING SERVICE Existing service charges excluding service tax w.e.f.08.05.2017 1 Ledger folio charges Applicable to CA ( including RRBs), & CC, OD (excluding

More information

FOREIGN EXCHANGE RELATED SERVICE CHARGES STRUCTURE w.e.f

FOREIGN EXCHANGE RELATED SERVICE CHARGES STRUCTURE w.e.f Sr. No. FOREIGN EXCHANGE RELATED SERVICE CHARGES STRUCTURE w.e.f. 01.07.2017 DESCRIPTION CHARGES Annexure-I A. EXPORT RELATED TRANSACTIONS 1) EXPORT BILLS PURCHASED / NEGOTIATED / DISCOUNTED a. Processing

More information

RUPEE EXPORT CREDIT (updated upto June 30, 2006) Department of Banking Operations and Development Reserve Bank of India Central Office Mumbai

RUPEE EXPORT CREDIT (updated upto June 30, 2006) Department of Banking Operations and Development Reserve Bank of India Central Office Mumbai RUPEE EXPORT CREDIT (updated upto June 30, 2006) Department of Banking Operations and Development Reserve Bank of India Central Office Mumbai RBI/ 2006-07/07 DBOD No.DIR. (Exp).BC. 01 /04.02.02/2006-07

More information

REVISED SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS W.E.F. MAY 20, 2013

REVISED SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS W.E.F. MAY 20, 2013 REVISED SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS W.E.F. MAY 20, 2013 TYPES OF TRANSACTION 1 For each Foreign Currency and Rupee Bill Purchased/ Discounted/ Negotiated Collection/Bills under PCFC/

More information

Advance Related Service Charges ( C&I, SME and AGL Segment) Item Existing Charges (Excluding Service Tax) Revised Charges (Excluding Service Tax)

Advance Related Service Charges ( C&I, SME and AGL Segment) Item Existing Charges (Excluding Service Tax) Revised Charges (Excluding Service Tax) Item Existing Charges Revised Charges 1 Loan Processing Charges (To be charged on Adhoc limits also) ( Applicable also to loans under Consortium arrangement) Fund Based + n-fund based limits: Up to Rs.

More information

RUPEE/FOREIGN CURRENCY EXPORT CREDIT & CUSTOMER SERVICE TO EXPORTERS

RUPEE/FOREIGN CURRENCY EXPORT CREDIT & CUSTOMER SERVICE TO EXPORTERS RUPEE/FOREIGN CURRENCY EXPORT CREDIT & CUSTOMER SERVICE TO EXPORTERS (updated upto June 30, 2007) Department of Banking Operations and Development Reserve Bank of India Central Office Mumbai RBI/ 2007-08/30

More information

RETAIL & MSME LOANS - INTEREST RATE LINKED TO MCLR I. RETAIL LOANS

RETAIL & MSME LOANS - INTEREST RATE LINKED TO MCLR I. RETAIL LOANS RETAIL & MSME LOANS - INTEREST RATE LINKED TO MCLR I. RETAIL LOANS 1. HOUSING LOANS i SyndNivas ii SyndKuteer (Scheme For Economically Weaker Section (EWS) and Low Income Group (LIG) Category) iii iv Tie-Up

More information

ANNEXURE V [Earlier Annexure-III] Service Charges related to Large/Mid Advances. Functional Dept. : Corporate Credit (Large Corporate & Mid Corporate)

ANNEXURE V [Earlier Annexure-III] Service Charges related to Large/Mid Advances. Functional Dept. : Corporate Credit (Large Corporate & Mid Corporate) ANNEXURE V [Earlier Annexure-III] Service Charges related to Large/Mid Advances Functional Dept. : Corporate Credit (Large Corporate & Mid Corporate) Sr. No. 1 Processing charges: (Working Capital) For

More information

CANARA BANK OFFICERS UNION (Regd) MODEL QUESTION PAPER - 6

CANARA BANK OFFICERS UNION (Regd) MODEL QUESTION PAPER - 6 1 CANARA BANK OFFICERS UNION (Regd) MODEL QUESTION PAPER - 6 1. Payment of principal and interest in Term deposit shall not be made in cash if the amount is a. Rs. 10000 and above b. Rs. 20000 and above

More information

SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS w.e.f 01 st April, 2013 A) INWARD REMITTANCES:

SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS w.e.f 01 st April, 2013 A) INWARD REMITTANCES: SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS w.e.f 01 st April, 2013 A) INWARD REMITTANCES: i) Execution of SWIFT remittances. ` 230/- per remittance ii) Inward remittances received and to be executed

More information

FIMCIR/ /45. March 1, To, ALL FIMMDA MEMBERS. VALUATION OF INVESTMENTS AS ON 31 st MARCH 2012

FIMCIR/ /45. March 1, To, ALL FIMMDA MEMBERS. VALUATION OF INVESTMENTS AS ON 31 st MARCH 2012 FIMCIR/2011-12/45 March 1, 2012 To, ALL FIMMDA MEMBERS VALUATION OF INVESTMENTS AS ON 31 st MARCH 2012 In accordance with the RBI Master Circular no. DBOD No 19/21.04.141/2011-12 dated July 1, 2011, FIMMDA

More information

Please clear browser history/cookies on your device in order to view the latest rates. *Effective Annualised Yield % for Senior Citizen

Please clear browser history/cookies on your device in order to view the latest rates. *Effective Annualised Yield % for Senior Citizen Attention of customers/public is invited on the changes in interest rates Fixed Deposits with effect from March 27, 2018. Interest Rate on Domestic, NRO, NRE & Flexi Fixed Deposits Interest Rates (% p.a.)

More information

¼ããÀ ããè¾ã ¹ãÆãä ã¼ãîãä ã ããõà ãäìããä ã½ã¾ã ºããñ à Securities and Exchange Board of India

¼ããÀ ããè¾ã ¹ãÆãä ã¼ãîãä ã ããõà ãäìããä ã½ã¾ã ºããñ à Securities and Exchange Board of India CIRCULAR CIR/IMD/DF/6/2015 September 15, 2015 To, All Recognised Stock Exchanges All Registered Merchant Bankers All Credit Rating Agencies All NBFCs through stock exchanges, where they are listed. Dear

More information

WORKING CAPITAL FINANCE

WORKING CAPITAL FINANCE WORKING CAPITAL FINANCE 1. What is Working Capital: 1.1 Any enterprise whether industrial, trading or other, requires two types of assets to run its business. It requires fixed assets which are necessary

More information

Policy (P-01173) Deposits for Credit Suisse Branches in India

Policy (P-01173) Deposits for Credit Suisse Branches in India Policy () Deposits for Credit Suisse Branches in India /Version 1.1 Scope/Recipients Branches of Credit Suisse AG in India Original Issuance 28 March 2013 Last Revision TBU Issuing Unit APAC (PB India

More information

Senior. *Effective Annualised. Citizen. (% p.a.)

Senior. *Effective Annualised. Citizen. (% p.a.) Attention of customers/public is invited on the changes in interest rates Fixed Deposits with effect from October 25, 2018. Interest Rate on Domestic, NRO, NRE & Flexi Fixed Deposits Period of Deposit

More information

Please clear browser history/cookies on your device in order to view the latest rates

Please clear browser history/cookies on your device in order to view the latest rates Attention of customers/public is invited on the changes in interest rates Fixed Deposits with effect from November 27, 2017. Interest Rate on Domestic, NRO, NRE & Flexi Fixed Deposits Deposits less than

More information

Income Recognition, Asset Classification and Provisioning ( ) (UCB)

Income Recognition, Asset Classification and Provisioning ( ) (UCB) Income Recognition, Asset Classification and Provisioning (2010-2011) (UCB) Compiled by CA. Sudhir Vaidya Compiled by Spandane 2 Income Recognition, Asset Classification and Provisioning (2010-2011) (UCB)

More information

FIMCIR/ /46. March 31, 2015 ALL FIMMDA MEMBERS. Dear All, Re: VALUATION OF INVESTMENTS AS ON 31 st MARCH 2015

FIMCIR/ /46. March 31, 2015 ALL FIMMDA MEMBERS. Dear All, Re: VALUATION OF INVESTMENTS AS ON 31 st MARCH 2015 FIMCIR/2015-16/46 March 31, 2015 To ALL FIMMDA MEMBERS Dear All, Re: VALUATION OF INVESTMENTS AS ON 31 st MARCH 2015 In accordance with the RBI Master Circular No. DBOD No BP.BC.20/21.04.141/2014-15, dated

More information

CANARA BANK OFFICERS UNION (Regd) MODEL QUESTION PAPER 1

CANARA BANK OFFICERS UNION (Regd) MODEL QUESTION PAPER 1 1 CANARA BANK OFFICERS UNION (Regd) MODEL QUESTION PAPER 1 1. Canara Jeevan Dhara is a a. Life insurance cover b. Scheme for senior citizens c. Scheme for pensioners of age 60 & above d. a & b e. b & c

More information

Policy on Lending to MSMEs and Rehabilitation of MSMEs

Policy on Lending to MSMEs and Rehabilitation of MSMEs Policy on Lending to MSMEs and Rehabilitation of MSMEs 2 A) Lending to MSMEs Definition of Micro, Small and Medium Enterprises: MSME Act, 2006 enacted by the Government of India in June 2006, lays down

More information

SECURITIES AND EXCHANGE BOARD OF INDIA Memorandum to the Board

SECURITIES AND EXCHANGE BOARD OF INDIA Memorandum to the Board SECURITIES AND EXCHANGE BOARD OF INDIA Memorandum to the Board Proposed Amendments to SEBI (Mutual Funds) Regulations, 1996 to provide Framework for Infrastructure Debt Fund 1. Objective 1.1. This memorandum

More information

BASSEIN CATHOLIC CO-OP. BANK LTD. (Scheduled Bank)

BASSEIN CATHOLIC CO-OP. BANK LTD. (Scheduled Bank) Sr. Particulars of Services Rendered 1. Collection of outstation cheques BASSEIN CATHOLIC CO-OP. BANK LTD. (Scheduled Bank) SERVICE CHARGES W.E.F. 2 ND MAY, 2016 (Including Service Tax) Upto `10,000/-

More information

UBS AG, Mumbai Branch (Scheduled Commercial Bank) (Incorporated in Switzerland with limited liability)

UBS AG, Mumbai Branch (Scheduled Commercial Bank) (Incorporated in Switzerland with limited liability) Basel II Pillar 3 Disclosures for the period ended 31 March 2010 Contents 1. Background 2. Scope of Application 3. Capital Structure 4. Capital Adequacy- Capital requirement for credit, market and operational

More information

RBI/ /208 A.P. (DIR Series) Circular No. 22 December 13, Madam/Sir, Booking of Forward Contracts Based on Past Performance

RBI/ /208 A.P. (DIR Series) Circular No. 22 December 13, Madam/Sir, Booking of Forward Contracts Based on Past Performance RBI/2006-07/208 A.P. (DIR Series) Circular No. 22 December 13, 2006 To All Category - I Authorised Dealer Banks Madam/Sir, Booking of Forward Contracts Based on Past Performance Attention of Authorised

More information

Highlights of Budget Proposals

Highlights of Budget Proposals A) Income Tax Highlights of Budget Proposals Ambalal Patel & Co. i. Tax rates There is no change in Rates of Income Tax, Surcharge or Education Cess. However there are changes in Slabs of Income tax for

More information

Advance Related Service Charges ( C&I, SME and AGL Segments) Existing Charges. Fund Based + Non-fund based limits: Up to Rs.

Advance Related Service Charges ( C&I, SME and AGL Segments) Existing Charges. Fund Based + Non-fund based limits: Up to Rs. 1 (a) Loan Processing Charges (other than ABU) (To be charged on Adhoc limits also) (Applicable also to loans under Consortium arrangement, to the extent of our share) (For food processing industry, the

More information

GUIDELINES / CLARIFICATIONS FOR VALUATION OF INVESTMENTS

GUIDELINES / CLARIFICATIONS FOR VALUATION OF INVESTMENTS 1 ANNEXURE GUIDELINES / CLARIFICATIONS FOR VALUATION OF INVESTMENTS The market participants should ensure that the valuation of their investment portfolio is in accordance with the directions / guidelines

More information

Section 42 (2) of the Reserve Bank of India Act, Collection of Data from Scheduled Commercial Banks in Annexure A and B

Section 42 (2) of the Reserve Bank of India Act, Collection of Data from Scheduled Commercial Banks in Annexure A and B Section 42 (2) of the Reserve Bank of India Act, 1934 - Collection of Data from Scheduled Commercial Banks in Annexure A and B RESERVE BANK OF INDIA CENTRAL OFFICE DEPARTMENT OF BANKING OPERATIONS AND

More information

Schedule of Service Charges

Schedule of Service Charges Particulars 1 Incidental Charges (Non maintenance of min balance) a. SB A/c with /without Chequebook Schedule of Service Charges BoM Service Charges w.e.f. 01.04.2011 Minimum Balance (Qtly Avg) Charges

More information

Audit Plan & Program For Bank Audit. Important area who must be Covered During the Audit

Audit Plan & Program For Bank Audit. Important area who must be Covered During the Audit Audit Plan & Program For Bank Audit Important area who must be Covered During the Audit Deposit Advances Audit of NPA Account General Area LFAR Deposit:-Following Point/Area Should be covered under the

More information

FIMCIR/ /41. March 1, Amended as on September 23, 2013* To, ALL FIMMDA MEMBERS. VALUATION OF INVESTMENTS AS ON 31 st MARCH 2013

FIMCIR/ /41. March 1, Amended as on September 23, 2013* To, ALL FIMMDA MEMBERS. VALUATION OF INVESTMENTS AS ON 31 st MARCH 2013 FIMCIR/2012-13/41 March 1, 2013 Amended as on September 23, 2013* To, ALL FIMMDA MEMBERS VALUATION OF INVESTMENTS AS ON 31 st MARCH 2013 In accordance with the RBI Master Circular no. DBOD No. BP. BC.13/21.04.141/2012-13

More information

Index of Service charges on Credit Related Services

Index of Service charges on Credit Related Services Index of Service charges on Credit Related Services S.No Details Page No 1 Purchase/Discount/Negotiation of Bills/Outstation Cheques 2 1.1 Commission / Collection charges plus interest on BP 2 1.2 Overdue

More information

STATEMENT-7. Statement on CRAR

STATEMENT-7. Statement on CRAR STATEMENT-7 Statement on CRAR Name Of The Bank :- Quarter ended: Part A - Capital Funds and Risk Assets Ratio I A Capital Funds Tier I Capital elements (a) Paid-up Capital Less: Intangible assets and losses

More information

Monthly average balance (MAB) requirement

Monthly average balance (MAB) requirement Service Charges (applicable wef April 1 2018) 1 Minimum monthly verage balance requirement and monthly maintenance charges in SB accounts 1.1 Where debit card has been issued to an account holder Monthly

More information

C.A. Parag Hangekar Partner Batliboi & Purohit Cell:

C.A. Parag Hangekar Partner Batliboi & Purohit   Cell: Bank Branch Statutory Audit Prudential Norms on Income Recognition, Asset Classification and Provisioning C.A. Parag Hangekar Partner Batliboi & Purohit E-mail: prh@batliboipurohit.com Cell: 9820577913

More information

BANK FINANCIAL MANAGEMENT

BANK FINANCIAL MANAGEMENT BANK FINANCIAL MANAGEMENT Q1. If the daily volatility of stocks is 0.2%, what is its 10-day volatility? 1) 0.63 2) 2.00 3) 0.75 4) 0.68 Q2. Given that Tier I capital is Rs. 500 crores and Tier II capital

More information

PRUDENTIAL NORMS ON INCOME RECOGNITION, ASSET CLASSIFICATION

PRUDENTIAL NORMS ON INCOME RECOGNITION, ASSET CLASSIFICATION PRUDENTIAL NORMS ON INCOME RECOGNITION, ASSET CLASSIFICATION Out of order status An out of order account is one in which the outstanding balance remains continuously in excess of the sanctioned limit/drawing

More information

News from the Reserve Bank of India RBI circulars can be accessed through the link:

News from the Reserve Bank of India RBI circulars can be accessed through the link: News from the Reserve Bank of India RBI circulars can be accessed through the link: http://www.rbi.org.in/scripts/notificationuser.aspx RETAIL LIABILITIES Issue of Term Deposit Receipt Query Banks during

More information

Service Charges - (Updates up to 01/07/2017) : Rates in INR (I) SAVING DEPOSIT ACCOUNT A)OPENING & MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT

Service Charges - (Updates up to 01/07/2017) : Rates in INR (I) SAVING DEPOSIT ACCOUNT A)OPENING & MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT Service Charges - (Updates up to 01/07/2017) : Rates in INR Particulars (I) SAVING DEPOSIT ACCOUNT A)OPENING & MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT Service Charges Rs.10/- i) GREATER SWEEKAR SAVING

More information

UBS AG, Mumbai Branch (Scheduled Commercial Bank) (Incorporated in Switzerland with limited liability)

UBS AG, Mumbai Branch (Scheduled Commercial Bank) (Incorporated in Switzerland with limited liability) Contents 1. Background 2. Scope of Application 3. Capital Structure 4. Capital Adequacy- Capital requirement for credit, market and operational risks 5. Risk Management and Control Framework Overview 6.

More information

Branch Name. Date of birth/ Incorporation D M M Y Y Y Y. Gender Male Female Third Caste SC ST OBC Minority Others

Branch Name. Date of birth/ Incorporation D M M Y Y Y Y. Gender Male Female Third Caste SC ST OBC Minority Others APPLICATION FOR CREDIT FACILITIES TO MICRO, SMALL AND MEDIUM ENTERPRISES BANK USE ONLY : Micro Small Medium Existing customer Y N Customer ID Product Code Branch Code Branch Covered by CGTMSE Y N CA A/C

More information

Muthoot Finance Limited Public Issue Of Secured Redeemable & Unsecured Redeemable Non-Convertible Debentures

Muthoot Finance Limited Public Issue Of Secured Redeemable & Unsecured Redeemable Non-Convertible Debentures Note: Edelweiss Broking Ltd. is a Lead Broker to the issue; accordingly, this note is prepared based on the Prospectus for informative purpose only. Issue Highlights Muthoot Finance Limited Public Issue

More information

Lending under Consortium Arrangement / Multiple Banking Arrangements

Lending under Consortium Arrangement / Multiple Banking Arrangements RBI/2008-2009/313 DBOD.No.BP.BC.94 /08.12.001/2008-09 December 08, 2008 The Chairman & Managing Directors / Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir,

More information

CIRCULAR. SEBI/ HO/ MIRSD/ DOS3/ CIR/ P/ 2018/ 140 November 13, Sub: Guidelines for Enhanced Disclosures by Credit Rating Agencies (CRAs)

CIRCULAR. SEBI/ HO/ MIRSD/ DOS3/ CIR/ P/ 2018/ 140 November 13, Sub: Guidelines for Enhanced Disclosures by Credit Rating Agencies (CRAs) CIRCULAR SEBI/ HO/ MIRSD/ DOS3/ CIR/ P/ 2018/ 140 November 13, 2018 To All Credit Rating Agencies registered with SEBI All Recognized Stock Exchanges All Depositories Dear Sir/ Madam, Sub: Guidelines for

More information

FOREX SERVICE CHARGES

FOREX SERVICE CHARGES A 1 A1.1 Annexure - I of Foreign Exchange Circular No. 38 dated 30/11/2017 FOREX SERVICE CHARGES EXPORTS Bills Purchased /Discounted/Negotiated Processing charges for each foreign currency export bill

More information

I) INTEREST RATE RANGE ON LOANS AND ADVANCES TO INDIVIDUALS UNDER RETAIL LENDING FOR THE PAST QUARTER- September RANGE OF ROI MEAN

I) INTEREST RATE RANGE ON LOANS AND ADVANCES TO INDIVIDUALS UNDER RETAIL LENDING FOR THE PAST QUARTER- September RANGE OF ROI MEAN ANNEXURE-1A I) INTEREST RATE RANGE ON LOANS AND ADVANCES TO INDIVIDUALS UNDER RETAIL LENDING FOR THE PAST QUARTER- September- 2018 SCHEME RANGE OF ROI MEAN Housing 8.65% to 9.25% 8.95% Mortgage against

More information

REC Tax Free Bonds. RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS COMPANY PROFILE

REC Tax Free Bonds. RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS COMPANY PROFILE RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS Interest from these Bonds do not form part of Total Income as per provisions under section 10 (15)

More information

Penalty for delayed repayment s. Nil * 0.25% of the balance outstanding / Drawing power whichever is higher

Penalty for delayed repayment s. Nil * 0.25% of the balance outstanding / Drawing power whichever is higher A. Retail s Product Easy Cash (against securities other than deposits) PF/ Admn fee (excluding Taxes) 0.15% of limit, subject to minimum Rs. 150.00 Prepayment / Pre-closure charges Penalty for delayed

More information

Audit of advances & NPA

Audit of advances & NPA Audit of advances & NPA CA.Rajkumar S Adukia B.Com(Hons.) FCA, ACS, MBA, AICWA, LLB, Dip IFRS(UK) Dip LL& LW 09820061049/09323061049 rajkumarfca-subscribe@yahoogroups.com rajkumarfca@gmail.com www.carajkumarradukia.com

More information

ž ú ¹ { Ä ÿˆå RESERVE BANK OF INDIA

ž ú ¹ { Ä ÿˆå RESERVE BANK OF INDIA ž ú ¹ { Ä ÿˆå RESERVE BANK OF INDIA www.rbi.org.in RBI/ 2009-10/74 DBOD No.DIR. (Exp).BC.07/04.02.02/2009-10 July 1, 2009 All Scheduled Commercial Banks (excluding RRBs) 09 Ashadha, 1931 (Saka) Dear Sir,

More information

Operational Guidelines for Reckoning the Market Value of Collateral in Repo/Reverse Repo transactions with RBI

Operational Guidelines for Reckoning the Market Value of Collateral in Repo/Reverse Repo transactions with RBI 1 Annex I Operational Guidelines for Reckoning the Market Value of Collateral in Repo/Reverse Repo transactions with RBI 1. The guidelines mentioned hereunder will be applicable to all types of Repo/Reverse

More information

POST RETIREMENT BENEFITS and NPS. N B Tripath GM (Finance) NALC

POST RETIREMENT BENEFITS and NPS. N B Tripath GM (Finance) NALC POST RETIREMENT BENEFITS and NPS PERSPECTIVE N B Tripath GM (Finance) NALC Why Retirement Benefits? Change in Family System from Joint Family to Nucleus Family. Govt. job reduced. Non-Govt. jobs increased.

More information

DCB BANK LIMITED Policy on Related Party Transactions Version 4.0

DCB BANK LIMITED Policy on Related Party Transactions Version 4.0 DCB BANK LIMITED Policy on Related Party Transactions Version 4.0 1 Glossary of Abbreviations used in this Document ACB AS ESOP ICAI KMP LODR NRCB RBI RPTs SEBI Audit Committee of the Board Accounting

More information

ž ú ¹ { Ä ÿˆå RESERVE BANK OF INDIA

ž ú ¹ { Ä ÿˆå RESERVE BANK OF INDIA ž ú ¹ { Ä ÿˆå RESERVE BANK OF INDIA www.rbi.org.in RBI/2011-12/60 DBOD No.DIR. (Exp).BC.04/04.02.002/2011-12 July 1, 2011 10 Ashadha, 1933 (Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam,

More information

REGULATIONS GOVERNING FOREIGN CURRENCY ACCOUNTS IN INDIA

REGULATIONS GOVERNING FOREIGN CURRENCY ACCOUNTS IN INDIA Open Access Journal available at jlsr.thelawbrigade.com 399 REGULATIONS GOVERNING FOREIGN CURRENCY ACCOUNTS IN INDIA Written by Shubham Grover 1 st Year M.A. Business Laws, WBNUJS, Kolkata Introduction

More information

The Chamber of Tax Consultants

The Chamber of Tax Consultants The Chamber of Tax Consultants Export and Import Overview of FEMA regulations and some issues 21 st December, 2018 Naresh Ajwani Rashmin Sanghvi & Associates Chartered Accountants Legal background Export

More information

DF-2 Capital Adequacy- Qualitative Disclosure

DF-2 Capital Adequacy- Qualitative Disclosure DF-2 Capital Adequacy- Qualitative Disclosure A Premier Public Sector Bank The Bank actively manages it s capital requirement by taking in to account the current and future Business growth of the Bank.

More information

RESERVE BANK OF INDIA

RESERVE BANK OF INDIA RESERVE BANK OF INDIA www.rbi.org.in RBI/2011-12/551 DBOD.No.BP.BC- 104 /21.04.048/2011-12 May 10, 2012 The Chairman and Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir,

More information

Number 14/21/DPNP Jakarta, 18 July 2012 CIRCULAR LETTER ALL COMMERCIAL BANKS THAT CONDUCT BUSINESS ACTIVITIES IN CONVENTIONAL MANNER IN INDONESIA

Number 14/21/DPNP Jakarta, 18 July 2012 CIRCULAR LETTER ALL COMMERCIAL BANKS THAT CONDUCT BUSINESS ACTIVITIES IN CONVENTIONAL MANNER IN INDONESIA Number 14/21/DPNP Jakarta, 18 July 2012 CIRCULAR LETTER To ALL COMMERCIAL BANKS THAT CONDUCT BUSINESS ACTIVITIES IN CONVENTIONAL MANNER IN INDONESIA Subject: Amendment to Bank Indonesia Circular Letter

More information

NEW CAPITAL ADEQUACY FRAMEWORK DISCLOSURES UNDER PILLAR-3 TABLE DF-1 SCOPE OF APPLICATION

NEW CAPITAL ADEQUACY FRAMEWORK DISCLOSURES UNDER PILLAR-3 TABLE DF-1 SCOPE OF APPLICATION NEW CAPITAL ADEQUACY FRAMEWORK DISCLOSURES UNDER PILLAR-3 Qualitative Disclosures TABLE DF-1 SCOPE OF APPLICATION (a) The name of the top bank in the group to which the Framework applies: UNITED BANK OF

More information

COMPLIANCE CERTIFICATE

COMPLIANCE CERTIFICATE GOVERNING PROVISIONS COMPLIANCE CERTIFICATE Section 383A(1) of Companies Act 1956 Companies (Compliance Certificate) Rules 2001 Guidelines issued by ICSI Proviso to Section 383A(1) of Companies Act 1956

More information

FINANCE BILL He has proposed to revise the tax slabs upwards as under:

FINANCE BILL He has proposed to revise the tax slabs upwards as under: FINANCE BILL - 2010 The 2 nd budget of the 2 nd UPA Government for the year 2010 2011 was presented by the finance minister on 26 th February 2010. The finance minister has attempted to balance his direct

More information

INTEREST RATE POLICY (Last Amended in the Board dated October 16, 2018)

INTEREST RATE POLICY (Last Amended in the Board dated October 16, 2018) I) INTRODUCTION: INTEREST RATE POLICY (Last Amended in the Board dated October 16, 2018) The Company has been following certain procedures and practices in the matter of fixing interest rates on gold loans

More information

CREDIT GUARANTEE FUND SCHEME FOR NBFCs CGS(II) CHAPTER I INTRODUCTION

CREDIT GUARANTEE FUND SCHEME FOR NBFCs CGS(II) CHAPTER I INTRODUCTION Annexure I CREDIT GUARANTEE FUND SCHEME FOR NBFCs CGS(II) CHAPTER I INTRODUCTION The Board of Trustees of Credit Guarantee Fund Trust for Micro and Small Enterprises, having decided to frame a Scheme for

More information

RBI/ /90 IDMD.PCD.5 / / July 1, 2011

RBI/ /90 IDMD.PCD.5 / / July 1, 2011 RBI/ 2011-12/90 IDMD.PCD.5 /14.01.03/2011-12 July 1, 2011 The Chairmen / Chief Executives of All Scheduled Banks (excluding RRBs and LABs) and All-India Term Lending and Refinancing Institutions Dear Sir/Madam,

More information