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RBI/200506/25 RCD.PL NFS.BC. No.01 / 09.04.01/ 200506July 01, 2005All Indian Scheduled Commercial Banks (excluding Ribs)Dear Sir, Master Circular on Prime Minister\'s Roger Jana (PMR)Reserve Bank
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All Indian Scheduled Commercial Banks are a category of banks in India that are included in the Second Schedule of the Reserve Bank of India Act, 1934. These banks perform commercial banking activities and can be classified into various types such as public sector, private sector, foreign banks, and regional rural banks.
Scheduled commercial banks operating in India are required to file various regulatory returns and reports to the Reserve Bank of India (RBI) as part of compliance with banking regulations.
Filling out reports for all Indian Scheduled Commercial Banks typically involves providing data on assets, liabilities, and transactions in a prescribed format set by the RBI. Banks must ensure accuracy and submit these forms electronically or through designated channels.
The purpose of all Indian Scheduled Commercial Banks is to provide essential banking services such as accepting deposits, providing loans, and facilitating transactions to individuals and businesses, thereby supporting the economy's growth.
Scheduled commercial banks are required to report information such as total deposits, advances, balance sheet details, profit and loss accounts, and other regulatory metrics as mandated by the Reserve Bank of India.
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