Page 48 - Banking Finance February 2018

RBI CIRCULAR

RBI CIRCULAR

Interest rates for Small Savings Schemes 2. The GoI, has now issued a revised Notification F.No.4
(28) - W&M/2017 dated January 08, 2018 (copy
RBI/2017-18/120 attached), notifying amendments to their
DGBA.GBD.1781/15.02.005/2017-18 originalNotification dated January 03, 2018, the
contents of which are self-explanatory. Receiving
1. Please refer to our circular DGBA.GBD.954/15.02.005/ Offices may take note of these amendments while
2017-18 dated October 12, 2017 on the above subject. accepting subscriptions under the Scheme.
The Government of India, had vide their Office
Memorandum (OM) No.F.No.01/04/2016-NS dated Yours faithfully
December 27, 2017 advised the rate of interest on (Shyni Sunil)
various small savings schemes for the fourth quarter of Deputy General Manager
the financial year 2017-18.
XBRL Returns - Harmonization of Banking
2. The contents of this circular may be brought to the
notice of the branches of your bank operating Statistics
Government Small Saving Schemes for necessary
action. These should also be displayed on the notice RBI/2017-18/117
boards of your branches for information of the DBR.No.BP.BC.99/08.13.100/2017-18
subscribers to these Schemes.
1. The Reserve Bank of India had constituted an inter-
Yours faithfully departmental Task-force in December 2014, to provide
(Harsha Vardhan) "harmonised" definitions of major balance sheet/ profit
Manager and loss/ off-balance sheet items covered in the
banking/ regulatory returns received across RBI
7.75% Savings (Taxable) Bonds, 2018 - departments. A set of harmonised definitions for 106
data elements reported in multiple returns was
Amendments released vide press release dated March 30, 2017. The
RBI/2017-18/119 Reserve Bank has now harmonized the definitions for
another set of 83 data elements (Annex) which are
IDMD.CDD.No.1728/13.01.299/2017-18
reported in multiple returns.
1. Please refer to our Circular RBI/2017-18/114 2. Interpretation of a few data elements may be
IDMD.CDD.No.1671/13.01.299/2017-18 January 03, contextual, depending upon the purpose of the return
2018, informing you about the issuance of 7.75% and requirements of the user departments. For
Savings (Taxable) Bonds, 2018 with effect from January granular details, relevant master circulars/ directions/
10, 2018 in terms of GoI notification F.No.4(28) - W&M/ guidance notes need to be referred. In the event of
2017 dated January 03, 2018. conflict between the definition of a term provided in

48 | 2018 | FEBRUARY | BANKING FINANCE

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