News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Circulars »
 RBI Governor meets MD & CEOs of Public Sector Banks
 Edited Transcript of Reserve Bank of India’s Fifth Bi-Monthly Monetary Policy Press Conference
 Edited Transcript of Reserve Bank of India’s Fifth Bi-Monthly Monetary Policy Tele Conference with Researchers and Analysts
 Auction of Government of India Dated Securities December 09, 2019
  Acquisition of financial assets by Asset Reconstruction Companies from sponsors and lenders
 Availability of National Electronic Funds Transfer (NEFT) System on 24x7 basis
 Acquisition of financial assets by Asset Reconstruction Companies from sponsors and lenders
 RBI releases “Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector”
 Exim Bank's Government of India supported Line of Credit (LOC) of USD 500 million to the Government of Bangladesh
 Prohibition of Benami Property Transactions (1st Amendment), Rules, 2019
  Application for initiation of corporate insolvency resolution process against Dewan Housing Finance Corporation Limited filed under the Insolvency and Bankruptcy Code, 2016

Implementation of Supreme Court Orders in Writ Petition by Swaraj Abhiyan against Union of India and others- Guidelines on Relief Measures by banks in areas affected by Natural Calamities
June, 06th 2016

RBI/2015-16/416
FIDD.FSD.BC.No.25/05.10.001/2015-16

June 2, 2016

The Chairman/ Managing Director /
Chief Executive Officer
[All Scheduled Commercial Banks, (excluding Regional Rural Banks)]

Madam / Sir

Implementation of Supreme Court Orders in Writ Petition by Swaraj Abhiyan against Union of India and others- Guidelines on Relief Measures by banks in areas affected by Natural Calamities

During the hearing of the captioned Writ Petition, the Hon'ble Supreme Court has directed the concerned authorities in the Union of India, the State Governments and the Reserve Bank of India and other banks to religiously implement their policies since they are ultimately intended for the benefit of the people of our country and not for the benefit of any stranger.

In view of the above, all the Scheduled Commercial Banks (excluding RRBs) are advised to ensure implementation of our guidelines on Relief Measures by banks in areas affected by Natural Calamities contained in our Master Circular dated July 1, 2015.

Please acknowledge receipt

Yours faithfully

(Uma Shankar)
Chief General Manager

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting