Page 53 - Banking Finance March 2019

RBI CIRCULAR

Developmental and Regulatory Policies’ of the Sixth Bi- registered with SEBI and accredited by the Reserve
monthly Monetary Policy Statement dated February Bank of India, in a manner similar to that of corporates
07, 2019, it has been decided to revise the definition as prescribed under para 5.8.1 of the Master Circular
of ‘bulk deposits’ and provide operational freedom to DBR.No.BP.BC.1/21.06.201/2015-16 dated July 1, 2015
banks in raising these deposits. on Basel III Capital Regulations read with Circular
3. Accordingly, instructions contained in Master Directions DBR.No.BP.BC.6/21.06.001/2016-17 dated August 25,
2016 on “Review of Prudential Norms –Risk Weights for
on Interest Rate on Deposits issued vide
Exposures to Corporates, AFCs and NBFC-IFCs” and
DBR.Dir.No.84/13.03.00/2015-16 dated March 03, 2016
Mailbox Clarification dated December 29, 2017.
stand amended as under:
Exposures to CICs, rated as well as unrated, will
3.1 The existing paragraph No. 3(a)(i)(i) on bulk deposit
of the aforesaid Master Direction stands replaced continue to be risk-weighted at 100%.
as under:
Yours faithfully,
(i) Single Rupee term deposits of Rupees two crore and (Saurav Sinha)
above for Scheduled commercial Banks (excluding Chief General Manager-in-Charge
Regional Rural banks) and Small Finance Banks.
3.2 In the existing paragraph No. 4(c), the following Banking Promotional Exam Sample Questions – Ans. 8
shall be added: 1. 4] any person
2. 1] It can be given
The banks shall maintain the bulk deposit interest rate card
3. 2] you will ignore it as Bank is not a party to the
in their Core banking system to facilitate supervisory review.
case
Yours faithfully, 4. 2] on or before 29-12-2003
(Dr. S.K. Kar) 5. 1] renew it by paying overdue interest provided it
is renewed for a minimum for 15 days
Chief General Manager
6. 1] deduct BCTT @0.1% on Rs 57000
7. 2] not allowed
Risk Weights for exposures to NBFCs
8. 4] eligible for family pension from 1 year of
RBI/2018-19/126 disappearance and hence recommend her case
to pension sanctioning authority
February 22, 2019
9. 5] 2 and 3
1. Please refer to para 5.8 and para 5.13.5 of the Master 10. 3] you can not have a lien on PPF account and you
Circular on Basel III Capital Regulation dated July 1, 2015. have passed the cheque at your usual risks of
At present claims on rated as well as unrated Non-deposit business
Taking Systemically Important Non-Banking Financial 11. 2) Civil procedure code
Companies (NBFC-ND-SI), other than Asset Finance 12. 2) savings account
Companies (AFCs), Non-Banking Financial Companies – 13. 3) Ministry of Home Affairs
Infrastructure Finance Companies (NBFCs-IFC), and Non- 14. 1) Sec 26 BR act
banking Financial Companies – Infrastructure 15. 1) 50000
Development Funds (NBFCs-IDF), have to be uniformly 16. 2) 21 years
risk weighted at 100%. Exposures to AFCs, NBFCs – IFC, 17. 3) reasonable period
NBFCs – IDF and other NBFCs which are not NBFC-ND- 18. 2) Re 1
SI, are risk weighted as per the ratings assigned by the 19. 1) bank
rating agencies accredited by the Reserve Bank of India. 20. 5) all the above
21. 3] 20% of the secured & 100 % of unsecured
2. As indicated in the Statement on Developmental and
22. 3) 20% on net outstanding
Regulatory Policies dated February 07, 2019, it has been
23. 1] URI
decided that exposures to all NBFCs, excluding Core
Investment Companies (CICs), will be risk weighted as 24. 4) all above
per the ratings assigned by the rating agencies 25. 4) Chief Manager & above

BANKING FINANCE | MARCH | 2019 | 53