Reserve Bank of India – Tenders

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Reserve Bank of India, Chandigarh invites Tender for Annual Maintenance contract for EPABX System Lines, Direct Telephone lines and Electronics Intercom System including Intercom lines installed at MOB and Bank`s Residential Colonies sector- 16A, 30A & 44B Chandigarh

2. The work is estimated to cost ₹2,95,510/-. This is an Open Tender in off-line mode of tendering. All the firms found themselves suitable as per the eligibility criteria mentioned in tender document may take part in the Tender process. The tender document is available on website www.rbi.org.in for download from February 04, 2021.

3. Tender shall be submitted off-line in two parts. Part-I of the tender will contain the Bank’s standard technical and commercial conditions for the proposed work, which must be understand and properly filled and signed to by the tenderers along with their seal. Part-II of the tender will contain Bank’s schedule of quantities and tenderer’s price bid to be submitted Separately in sealed cover to the Bank.

4. The firms fulfilling the eligibility criteria and desirous of being considered for award of the work should submit all the required documents mentioned in tender document to Estate Department, 3rd floor, RBI Chandigarh on or before February 25, 2021 up to 11.00 AM

5. Part-I of the tender will be opened at 03:00 pm on February 25, 2021 at Estate Department, 3rd floor, RBI Chandigarh

The timeline of the tender is as follow:

a. Tender Name Annual Maintenance contract for EPABX System Lines, Direct Telephone lines and Electronics Intercom System including Intercom lines installed at MOB and Bank`s Residential Colonies sector- 16A, 30A & 44B Chandigarh
b. Mode Of Tender Off-line open Tender- Part I and Part II of the tender should be submitted separately in sealed envelope to Estate Department, 3rd floor, RBI Chandigarh
c. Date of NIT available to parties to download from RBI website www.rbi.org.in
Tender forms may also be collected from Estate Department, 3rd Floor, RBI Chandigarh
February 04, 2021 (Thursday) from 11.00 AM
d. Last date for submission of filled Tender (Part I & Part II) February 25, 2021 (Thursday) up to 11.00 AM
e. Earnest Money Deposit ——-Nil—–
f. Date & time of opening of Part-I
(i.e. Techno-Commercial Bid) at Estate Department, 3rd Floor, RBI Chandigarh
February 25, 2021 (Thursday) 03:00 pm
g. Date & Time of opening of Part- II (Price Bid) of those tenderers found suitable for opening of Price Bid at Estate Department, 3rd Floor, RBI Chandigarh Will be communicated to the tenderers qualifying for price bid
h. Tender Fee Nil
i. Estimated cost of work ₹.2,95,510/- (Inclusive of GST)
For any query or clarification regarding the work Kindly Contact Shri. Sohan Lal (AM-Electrical) – 0172-2721143
e-mail: sohan@rbi.org.in

The Bank is not bound to accept the lowest tender and reserves the right to accept either in full or in part any tender. The Bank also reserves the right to reject all the tenders without assigning any reason thereof.

Regional Director
Reserve Bank of India
Chandigarh Regional Office

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Minutes of Pre-bid Meeting – Annual Maintenance Contract for Horticulture Work in Bank’s Office Building at Sector 17, Bank’s Residential Quarters at Sector 16-A, Sector 30-A and Sector 44-B, Chandigarh

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As mentioned in Notice Inviting Tender (NIT) for the captioned tender, a pre-bid meeting was scheduled on February 02, 2021 from 11.00 AM to 12.00 Noon at Estate Department 3rd Floor, RBI Chandigarh to clarify the doubts/queries, if any, regarding the captioned e-tender.

2. The Meeting was not attended by representative of any Company/Firm/Agency.

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Reserve Bank of India – Tenders

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Reserve Bank of India, Jaipur invites E- tenders in two Parts for above mentioned work from firms/contractors fulfilling the pre-qualification criteria. The estimated cost of the work is ₹ 19 Lakh. The last date for submission of tender is February 11, 2021 up to 14:00 hrs. For further details and uploading the tender please visit the link https://www.mstcecommerce.com/eprochome/mstc. Please also note that further Addendum / corrigendum will only be published on RBI website and MSTC website.

Regional Director

Date: February 04, 2021

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Minutes of the Pre-Bid Meeting – Comprehensive Annual Maintenance Contract of Kent Ultra 3Stage Advanced UV water purifier at officers’ flats and Staff colony 44B and 30A RBI Chandigarh

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As mentioned in Notice Inviting Tender (NIT) for the captioned tender, a pre-bid meeting was scheduled on January 28, 2021 from 11.00 AM to 12.00 Noon at Estate Department 3rd Floor, RBI Chandigarh to clarify the doubts/queries, if any, regarding the captioned e-tender.

2. The Meeting was not attended by representative of any Company/Firm/Agency.

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Reserve Bank of India – Press Releases

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(Amount in ₹ crore, Rate in Per cent)

  Volume
(One Leg)
Weighted
Average Rate
Range
A. Overnight Segment (I+II+III+IV) 4,44,399.47 3.17 0.01-5.30
     I. Call Money 8,957.86 3.20 1.90-3.55
     II. Triparty Repo 3,44,180.65 3.19 2.90-3.22
     III. Market Repo 90,930.96 3.09 0.01-3.36
     IV. Repo in Corporate Bond 330.00 3.78 3.30-5.30
B. Term Segment      
     I. Notice Money** 342.10 2.86 2.50-3.40
     II. Term Money@@ 475.50 3.15-3.75
     III. Triparty Repo 40.00 3.15 3.15-3.15
     IV. Market Repo 72.60 3.00 3.00-3.00
     V. Repo in Corporate Bond 0.00
  Auction Date Tenor (Days) Maturity Date Amount Current Rate /
Cut off Rate
C. Liquidity Adjustment Facility (LAF) & Marginal Standing Facility (MSF)
I. Today’s Operations
1. Fixed Rate          
     (i) Repo          
     (ii) Reverse Repo Wed, 03/02/2021 1 Thu, 04/02/2021 5,64,780.00 3.35
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo          
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo
3. MSF Wed, 03/02/2021 1 Thu, 04/02/2021 0.00 4.25
4. Long-Term Repo Operations    
5. Targeted Long Term Repo Operations
6. Targeted Long Term Repo Operations 2.0
7. Net liquidity injected from today’s operations
[injection (+)/absorption (-)]*
      -5,64,780.00  
II. Outstanding Operations
1. Fixed Rate          
     (i) Repo          
     (ii) Reverse Repo          
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo Fri, 29/01/2021 14 Fri, 12/02/2021 2,00,007.00 3.54
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo          
3. MSF          
4. Long-Term Repo Operations# Mon, 24/02/2020 365 Tue, 23/02/2021 15.00 5.15
  Mon, 17/02/2020 1095 Thu, 16/02/2023 499.00 5.15
  Mon, 02/03/2020 1094 Wed, 01/03/2023 253.00 5.15
  Mon, 09/03/2020 1093 Tue, 07/03/2023 484.00 5.15
  Wed, 18/03/2020 1094 Fri, 17/03/2023 294.00 5.15
5. Targeted Long Term Repo Operations^ Fri, 27/03/2020 1092 Fri, 24/03/2023 12,236.00 4.40
  Fri, 03/04/2020 1095 Mon, 03/04/2023 16,925.00 4.40
  Thu, 09/04/2020 1093 Fri, 07/04/2023 18,042.00 4.40
  Fri, 17/04/2020 1091 Thu, 13/04/2023 20,399.00 4.40
6. Targeted Long Term Repo Operations 2.0^ Thu, 23/04/2020 1093 Fri, 21/04/2023 7,950.00 4.40
D. Standing Liquidity Facility (SLF) Availed from RBI$       29,770.06  
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -93,139.94  
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -6,57,919.94  
G. Cash Reserves Position of Scheduled Commercial Banks
     (i) Cash balances with RBI as on 03/02/2021 4,38,625.15  
     (ii) Average daily cash reserve requirement for the fortnight ending 12/02/2021 4,44,286.00  
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 03/02/2021 0.00  
I. Net durable liquidity [surplus (+)/deficit (-)] as on 15/01/2021 8,08,585.00  
@ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
– Not Applicable / No Transaction.
** Relates to uncollateralized transactions of 2 to 14 days tenor.
@@ Relates to uncollateralized transactions of 15 days to one year tenor.
$ Includes refinance facilities extended by RBI.
& As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
* Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo.
# As per the Press Release No. 2020-2021/287 dated September 04, 2020.
^ As per the Press Release No. 2020-2021/605 dated November 06, 2020.
¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
Ajit Prasad
Director   
Press Release : 2020-2021/1044

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Reserve Bank of India – Tenders

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Corrigendum

The Prebid meeting for Car rental Services tender was held on January 25, 2021 at 3.00PM in the training hall at MOB. The meeting was attended by the following persons:

Bank’s Representatives Firm’s Name/Representatives
1. Smt. S.D. Kulkarni (Manager) 1. M/s Satish Travels.
2. Shri B P Jonwar (Am, Security) 2. M/S Chandradeep Tours and Travels
3. Maj Sneha Itty (AM, Security) 3. M/s. Magnet Logistics
  4. M/s. Ashirwad Travels

2. Gist of the queries raised by the prospective bidders and Bank’s clarification on the same is as follows:

Can there be revision of the following eligibility criteria?

As per the Part I (Section II), 1.16 Eligibility Criteria for participating in the tender -sub para iii, “The tendering firms/ company should have minimum fleet of 20 (twenty) owned cars comprising of the following cars: Maruti Dzire / Toyota Etios, Honda City, Hyundai Verna, Maruti Ciaz, Toyota Innova, Toyota Innova Crysta, Toyota Corolla Altis. Out of the total cars, the tendering firm should have minimum 09 Honda City/ Ciaz/ Verna and 06 Innova/ Innova Crysta / Ertiga in their fleet. (Attach copies of Registration Certificates / books). The vehicles provided to RBI should be road worthy and not more than 06 years old from the date of sending the vehicles registered with RTO as commercial vehicle for duty.

Bank’s Clarification –

“Part I (Section II), 1.16 Eligibility Criteria for participating in the tender -sub para iii, “The tendering firms/ company should have vehicle fleet of 16 to 20 cars, out of which maximum of 50 % of the cars (i.e. 08-10 cars) may be attached to the agency on contractual basis. Copies of the relevant contract may be submitted to RBI. The fleet must consist of Maruti Dzire Toyota Etios, Honda City, Hyundai Verna, Maruti Ciaz, Toyota Innova, Toyota Innova Crysta, Toyota Corolla Altis, Ertiga etc and cars of equivalent make and model of the relevant segment which can be treated at par. (Attach copies of Registration Certificates / books). The vehicles provided to RBI should be road worthy and not more than 06 years old from the date of sending the vehicles registered with RTO as commercial vehicle for duty.”

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Reserve Bank of India – Press Releases

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It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. DoS.CO.UCBs-West/D-1/12.07.157/2020-21 dated February 03, 2021 has issued certain Directions to Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra, whereby, as from the close of business on February 03, 2021, the Administrator of the aforesaid bank shall not, without prior approval of RBI in writing grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except as notified in the RBI Direction dated February 03, 2021 a copy of which is displayed on the bank’s premises for perusal by interested members of the public. In particular, a sum not exceeding ₹500 (Rupees Five hundred only) of the total balance across all savings bank or current accounts or any other account of a depositor, may be allowed to be withdrawn subject to the conditions stated in the above RBI Directions.

2. The issue of the above Directions by the RBI should not per se be construed as cancellation of banking license by RBI. The bank will continue to undertake banking business with restrictions till its financial position improves. The Reserve Bank may consider modifications of these Directions depending upon circumstances.

3. These Directions shall remain in force for a period of six months from the close of business on February 03, 2021 and are subject to review.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/1043

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Reserve Bank of India – Tenders

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Minutes of Pre-bid meeting

E – Tender No. RBI/Nagpur/Estate/311/20-21/ET/434

Please refer to the tender notice for the captioned tender published on the Bank’s website on January 15, 2021 inviting application from eligible bidders through e- tender on MSTC Portal (https://www.mstceommerce.com/eprochrome/rbi/).

2. In this regard, the following is advised:

FOR: “As per the Part I (Section II), 1.16 Eligibility Criteria for participating in the tender -sub para iii, “The tendering firms/ company should have minimum fleet of 20 (twenty) owned cars comprising of the following cars: Maruti Dzire / Toyota Etios, Honda City, Hyundai Verna, Maruti Ciaz, Toyota Innova, Toyota Innova Crysta, Toyota Corolla Altis. Out of the total cars, the tendering firm should have minimum 09 Honda City/ Ciaz/ Verna and 06 Innova/ Innova Crysta / Ertiga in their fleet. (Attach copies of Registration Certificates / books). The vehicles provided to RBI should be road worthy and not more than 06 years old from the date of sending the vehicles registered with RTO as commercial vehicle for duty.

READ: “Part I (Section II), 1.16 Eligibility Criteria for participating in the tender -sub para iii, “The tendering firms/ company should have vehicle fleet of 16 to 20 cars, out of which maximum of 50 % of the cars (i.e. 08-10 cars) may be attached to the agency on contractual basis. Copies of the relevant contract may be submitted to RBI. The fleet must consist of Maruti Dzire Toyota Etios, Honda City, Hyundai Verna, Maruti Ciaz, Toyota Innova, Toyota Innova Crysta, Toyota Corolla Altis, Ertiga etc and cars of equivalent make and model of the relevant segment which can be treated at par. (Attach copies of Registration Certificates / books). The vehicles provided to RBI should be road worthy and not more than 06 years old from the date of sending the vehicles registered with RTO as commercial vehicle for duty.”

3. The last date of tender submission i.e. 1100 hrs, February 15, 2021 remains unchanged.

4. Corrigendum shall be treated as part of the tender document. All other terms and conditions mentioned in the tender remain unchanged.

Regional Director
Reserve Bank of India
Nagpur

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Reserve Bank of India – Tenders

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1. The captioned meeting was held at 1100 Hrs on January 28, 2021 at RBI Chandigarh. Sh Dharmender Singh AGM (P&S) presided over the meeting. Sh Gaurav Bajpai, AM and Sh Bibek Ranjan Prusty, Assistant, P&S Cell were also present in the meeting. Representatives of the following tenderers participated in the meeting: –

  1. Apex Fire Guard Engineers, SCO 3040, Top Floor, Sector-22, Chandigarh

  2. Modern Agencies, SCO 107, Sector-35c, Chandigarh

2. Sh Dharmender Singh, AGM (P&S) welcomed the participants and briefed about the requirements, schedule and other important points of the tender. Most of the queries raised by the representatives were addressed during the meeting. Some of the changes made in the conditions of the tender document are placed below and will be applicable to all the bidders.

Sl. No. Queries Query Raised by Clarification and Change
1.

Check list Sr. no 13 and 14

Labour Licence required when the contractual employees are more than 20 Numbers. kindly exempt this point.

3.7 Certificate of Registration of Establishment.

The Agency should be in possession of a valid certificate of registration of Establishments under Punjab Shop and Commercial Establishments Act 1958 from Chandigarh Labour Administration and any other applicable Act such as Labour Department under Contract Labour (R&A) Act 1970 and Contract Labour (Regulation and Abolition) act, Factories Act, etc

The same is required for shops/ establishments performing trading practices or services involved directly with customers from its own premises.

As per the requirements of the supplied at RBI premises and no direct services are to be provided from contractor premises.

Modern Agencies

Apex Fire Guard

As mentioned at checklist point No. 14, labour license is to be submitted along with the experience/ completion certificate, where applicable, i.e., only where the supplied manpower was 20 or more. No exemption can be given in respect of this point.

As mentioned at checklist point No. 13 and para 3.7 of Section-III of the tender document, exemption cannot be granted for registration of establishment to any bidder as this is a statutory requirement.

2. Whereas registration certificate of enlistment as contractor with Punjab government department can be provided for the above clause (para 1 above) which may be accepted by the department and request for the same approval is requested. Apex Fire Guard This cannot be a substitute for Certificate of Registration of Establishment, and therefore, shall not be accepted.
3. Check list Sr. No 21Any one or more of the Certificates – ISO 9001 / SA8000 / OHSAS 18001, any other applicable

The same is issued by the competent authority to the firm where job activities(like industrial products are manufactured/ construction sites) are carried at firm premises for creation of work job, where as in case of this tender workplace belong to the RBI and all standards are set by the RBI which has to be followed by the contractor since its only a supply of manpower and no job is being is created at site by the firm using tools or material exception is requested for the same.

Apex Fire Guard It has been decided that the bidders are not required to mandatorily submit the ISO certificate.

However, the ISO certificate, if any, submitted by a bidder shall be considered for assigning of extra weightage as mentioned in the evaluation matrix (part B of Section-IV) of the tender document.

4. Check list Sr. No 25 {Banker’s Certificate (Certificate of Credibility) issued by the tenderer’s banker specifically for this work for an amount of ₹36 lakh or above.}We are already enlisted contractors of RBI Chandigarh and Bank solvency for amount of 50 lacs has already been submitted to RBI. So kindly exempt this point also.

We are already enlisted contractor for the RBI Chandigarh and solvency for amount of 50 lacs has already been submitted to RBI for current active enlistment. So exception is requested in this clause as bank charges are too higher end for Solvency Certificate which are non-refundable by the bank.

Modern Agencies

Apex Fire Guard

The bidders who are currently empaneled with Estate Dept. or any other Dept. of Chandigarh RO for a value of more than ₹36 Lakh are now exempted from submission of Financial Credibility Certificate from Banker. The bidders are required to upload a copy of current empanelment document.

The bidders who are not currently empaneled with Chandigarh RO are required to submit the Financial Credibility Certificate from Banker.

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Reserve Bank of India – Press Releases

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The Reserve Bank of India (RBI) has, by an order dated February 02, 2021, imposed a monetary penalty of ₹55 lakh (Rupees Fifty Five lakh only) on Seva Vikas Cooperative Bank Limited, Pune (the bank) for non-compliance with certain directions issued by RBI contained in the “Master Circular – Management of Advances -UCBs” and “Master Circular – Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs.”

The penalty has been imposed on the bank in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949, (i) for not ensuring end use of funds lent (ii) non-adherence to IRAC norms and (iii) restructuring of loan accounts with retrospective effect on grounds not valid, revealed during a scrutiny of the bank conducted by RBI during 2019.

A notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for such non-compliance with the aforesaid directions. After considering the bank’s reply to the notice, RBI concluded that the charge of non-compliance with aforesaid RBI directions was substantiated and warranted imposition of monetary penalty.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/1042

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