RBI News – Page 269 – IFSCCodeof.in

Reserve Bank of India – Tenders

January 22, 2021 root Tenders

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The Reserve Bank of India, Bhubaneswar intends to prepare a panel of suppliers / stockists / chemists for supply of medicines to its four dispensaries located at Bhubaneswar. The panel is expected to remain operational for a period of three years, i.e., from April 01, 2021 to March 31, 2024, subject to satisfactory performance.

Accordingly, the Reserve Bank of India invites applications from suppliers / stockists /chemists located at Bhubaneswar who fulfill the eligibility criteria and agree to the terms and conditions mentioned in the Request For Empanelment (RFE) document. The application in the prescribed form should reach the Regional Director, Reserve Bank of India, Bhubaneswar on or before 03:00 p.m. of February 21, 2021. The Reserve Bank of India reserves the right to accept any application or reject any or all of the applications received without assigning any reasons.

Detailed terms and conditions and the Request for Empanelment (RFE) document are available in the Tender Section of the Reserve Bank’s website www.rbi.org.in and can also be collected from Human Resources Management Department (Central Establishment Section), Reserve Bank of India, Bhubaneswar.

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Reserve Bank of India – Press Releases

January 22, 2021 root Press Releases

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In the underwriting auctions conducted on January 22, 2021 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

(₹ crore)
Nomenclature of the Security	Notified Amount	Minimum Underwriting Commitment (MUC) Amount	Additional Competitive Underwriting Amount Accepted	Total Amount underwritten	ACU Commission Cut-off rate (paise per ₹100)
3.96% GS 2022	2,000	1,008	992	2,000	0.04
5.15% GS 2025	11,000	5,502	5,498	11,000	0.24
5.85% GS 2030	8,000	4,011	3,989	8,000	0.19
6.80% GS 2060	6,000	3,003	2,997	6,000	0.48
Auction for the sale of securities will be held on January 22, 2021.

Ajit Prasad
Director

Press Release: 2020-2021/981

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Reserve Bank of India – Press Releases

January 22, 2021 root Press Releases

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April 14, 2015

Dear All

Welcome to the refurbished site of the Reserve Bank of India.

The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.

With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.

The site can be accessed through most browsers and devices; it also meets accessibility standards.

Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.

Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.

Thank you for your continued support.

Department of Communication

Reserve Bank of India

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Reserve Bank of India – Tenders

January 21, 2021 root Tenders

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E-Tender No.	RBI/Ahmedabad/HRMD/38/20-21/ET/451
a) Estimated cost	₹ 90,00,000/- (Rupees Ninety lakhs only)
b) Mode of e-tender	e-Procurement System (Online Part I – Technical Bid and Part II – Price Bid through www.mstcecommerce.com/eprochome/rbi
c) Type of e-tender	Open (Twin Bid System)
d) Date of NIT available to parties to download	Jan 21, 2021 at 11:00 AM
e) Pre-bid meeting	Offline. Feb 03, 2021 at 12:30 PM Venue: PROTOCOL & SECURITY CELL, 4th Floor, Reserve Bank of India, Near Gandhi Bridge, Ahmedabad- 380014 (Gujarat)
f) (i) Earnest Money Deposit (EMD) through NEFT / DD / Bank Guarantee and upload the details on the MSTC portal. Also intimate/ forward the transaction details (UTR number OR scanned copies (in PDF) of DD / Bank Guarantee) to securityahmedabad@rbi.org.in and/ or gpvasava@rbi.org.in	₹ 1,80,000/- (One lakh and Eighty Thousand Only) paid through NEFT/ DD / Bank Guarantee Beneficiary Name- Reserve Bank of India Beneficiary A/c No – 186003001 IFSC – RBIS0AHPA01 (5th and 10th digit is Zero) OR DD in favor of “Reserve Bank of India, Ahmedabad” OR Bank Guarantee in specified format (see Annex- 3).
(ii) E-Tender Fees	NIL
g) Last date of submission of EMD. (Hard copy of NEFT details/DD / Bank Guarantee (in original) must be submitted (by hand / post / courier) before or on the last date of submission of tender, if applicable)	Feb 24, 2021 up to 02:00 PM
h) Date of Starting of e-tender for submission of on-line Technical Bid and price Bid at http://mstcecommerce.com/eprochome/rbi	Feb 03, 2021 at 10:00 AM
i) Date of closing of online e-tender for submission of Technical Bid & Price Bid.	Feb 24, 2021 up to 02:00 PM
j) Date & time of opening of Part-I (i.e. Technical Bid). Date of opening of Part II i.e. price bid shall be informed separately	Feb 25, 2021 at 12:00 PM
k) Validity of the e-tender	90 days from the date of opening of Techno–Commercial bid
l) Transaction Fee (Non-refundable) (To be paid separately by the tenderers to MSTC vide MSTC E-Payment Gateway for participating in the e-tender)	Payment of Transaction fee as mentioned in the MSTC portal through MSTC payment gateway/NEFT/RTGS in favour of MSTC LIMITED
m) Helpdesk numbers of MSTC Ltd for any technical queries regarding MSTC portal while quoting bids for e-tender.	033 40645207, 033 40609118, 033 40645316, 033 22901004 and 033 22895064. The bidders can also submit their issues vide e-mail at helpdesk@mstcindia.co.in
n) All disputes arising shall be subject to the jurisdiction	Ahmedabad.
o) Contact person for communication in connection with this E-tender.	Name & Designation: Shri Major Lalit K Baghel, AGM, RBI Mobile: 7905908567 Email: lkbaghel@rbi.org.in

Regional Director, Reserve Bank of India, Ahmedabad reserves the right to accept or reject any or all Bids without assigning any reasons and also reserves the right to relax any of the terms and conditions. No Bidder shall have any cause of action or claim against the RBI for rejection of his Bid.

All information submitted in response to this E-tender shall be the property of Reserve Bank of India and it shall be free to use the concept of the same at its will.

The Regional Director,
Reserve Bank of India,
Ahmedabad.

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Reserve Bank of India – Tenders

January 21, 2021 root Tenders

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E-Tender No.	RBI/Ahmedabad/HRMD/39/20-21/ET/452
a) Estimated cost	₹12,00,000/- (Rupees Twelve lakhs only)
b) Mode of e-tender	e-Procurement System (Online Part I – Technical Bid and Part II – Price Bid through www.mstcecommerce.com/eprochome/rbi
c) Type of e-tender	Open (Twin Bid System)
d) Date of NIT available to parties to download	Jan 21, 2021 at 11:00 AM
e) Pre-bid meeting	Offline. Feb 03, 2021 at 03:30 PM Venue: PROTOCOL & SECURITY CELL, 4th Floor, Reserve Bank of India, Near Gandhi Bridge, Ahmedabad- 380014 (Gujarat)
f) (i) Earnest Money Deposit (EMD) through NEFT / DD / Bank Guarantee and upload the details on the MSTC portal. Also intimate/ forward the transaction details (UTR number OR scanned copies (in PDF) of DD / Bank Guarantee) to securityahmedabad@rbi.org.in and/ or gpvasava@rbi.org.in	₹24,000/- (Twenty-Four Thousand Only) paid through NEFT/ Net banking to Beneficiary Name- Reserve Bank of India Beneficiary A/c No – 186003001 IFSC – RBIS0AHPA01 (5th and 10th digit is Zero) OR DD in favor of “Reserve Bank of India, Ahmedabad” OR Bank Guarantee in specified format (see Annexure- V).
(ii) E-Tender Fees	NIL
g) Last date of submission of EMD. (Hard copy of DD / Bank Guarantee (in original) must be submitted (by hand / post / courier) before or on the last date of submission of tender, if applicable)	Feb 24, 2021 up to 02:00 PM
h) Date of Starting of e-tender for submission of on-line Technical Bid and price Bid at http://mstcecommerce.com/eprochome/rbi	Feb 03, 2021 at 10:00 AM
i) Date of closing of online e-tender for submission of Technical Bid & Price Bid.	Feb 24, 2021 up to 02:00 PM
j) Date & time of opening of Part-I (i.e. Technical Bid). Date of opening of Part II i.e. price bid shall be informed separately	Feb 25, 2021 at 04:00 PM
k) Validity of the e-tender	90 days from the date of opening of Techno– Commercial bid
l) Transaction Fee (Non-refundable) (To be paid separately by the tenderers to MSTC vide MSTC E-Payment Gateway for participating in the e-tender)	₹1,180/- (Including GST @18%)
m) Helpdesk numbers of MSTC Ltd for any technical queries regarding MSTC portal while quoting bids for e-tender.	033 40645207, 033 40609118, 033 40645316, 033 22901004 and 033 22895064. The bidders can also submit their issues vide e-mail at helpdesk@mstcindia.co.in
n) All disputes arising shall be subject to the jurisdiction	Ahmedabad.
o) Contact person for communication in connection with this E-tender.	Name & Designation: Shri Major Lalit K Baghel, AGM, RBI Mobile: 7905908567 Email: lkbaghel@rbi.org.in

All information submitted in response to this E-tender shall be the property of Reserve Bank of India and it shall be free to use the concept of the same at its will.

The Regional Director,
Reserve Bank of India,
Ahmedabad.

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Reserve Bank of India – Tenders

January 21, 2021 root Tenders

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E-Tender No.	RBI/Ahmedabad/HRMD/37/20-21/ET/450
a) Estimated cost	₹1,50,00,000/- (Rupees One Crore and Fifty lakhs only)
b) Mode of e-tender	e-Procurement System (Online Part I – Technical Bid and Part II – Price Bid through www.mstcecommerce.com/eprochome/rbi
c) Type of e-tender	Open (Twin Bid System)
d) Date of NIT available to parties to download	Jan 21, 2021 at 11:00 AM
e) Pre-bid meeting	Offline. Feb 03, 2021 at 10:30 AM Venue: PROTOCOL & SECURITY CELL, 4th Floor, Reserve Bank of India, Near Gandhi Bridge, Ahmedabad- 380014 (Gujarat)
f) (i) Earnest Money Deposit (EMD) through NEFT / DD / Bank Guarantee and upload the details on the MSTC portal. Also intimate/ forward the transaction details (UTR number OR scanned copies (in PDF) of DD / Bank Guarantee) to securityahmedabad@rbi.org.in and/ or gpvasava@rbi.org.in	₹ 3,00,000/- (Rupees Three Lakh Only) paid through NEFT/ DD or Bank Guarantee to- Beneficiary Name- Reserve Bank of India Beneficiary A/c No – 186003001 IFSC – RBIS0AHPA01 (5th and 10th digit is Zero) OR DD in favor of “Reserve Bank of India, Ahmedabad” OR Bank Guarantee in specified format (see Annexure V).
(ii) E-Tender Fees	NIL
g) Last date of submission of EMD. (Hard copy of DD / Bank Guarantee (in original) must be submitted (by hand / post / courier) before or on the last date of submission of tender, if applicable)	Feb 24, 2021 up to 02:00 PM
h) Date of Starting of e-tender for submission of on-line Technical Bid and price Bid at http://mstcecommerce.com/eprochome/rbi	Feb 03, 2021 at 10:00 AM
i) Date of closing of online e-tender for submission of Technical Bid & Price Bid.	Feb 24, 2021 up to 02:00 PM
j) Date & time of opening of Part-I (i.e. Technical Bid). Date of opening of Part II i.e. price bid shall be informed separately	Feb 25, 2021 at 10:00 AM
k) Validity of the e-tender	90 days from the date of opening of Techno–Commercial bid
l) Transaction Fee (Non-refundable) (To be paid separately by the tenderers to MSTC vide MSTC E-Payment Gateway for participating in the e-tender)	₹8,850/- (Including GST @18%)
m) Helpdesk numbers of MSTC Ltd for any technical queries regarding MSTC portal while quoting bids for e-tender.	033 40645207, 033 40609118, 033 40645316, 033 22901004 and 033 22895064. The bidders can also submit their issues vide e-mail at helpdesk@mstcindia.co.in
n) All disputes arising shall be subject to the jurisdiction	Ahmedabad.
o) Contact person for communication in connection with this E-tender.	Name & Designation: Shri Major Lalit K Baghel, AGM, RBI Mobile: 7905908567 Email: lkbaghel@rbi.org.in

All information submitted in response to this E-tender shall be the property of Reserve Bank of India and it shall be free to use the concept of the same at its will.

The Regional Director,
Reserve Bank of India,
Ahmedabad.

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Reserve Bank of India – Press Releases

January 21, 2021 root Press Releases

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The Reserve Bank of India (RBI) has, by an order dated January 21, 2021, imposed a monetary penalty of ₹2 Crore (Rupees Two Crore only) on Standard Chartered Bank–India (the bank) for non-compliance with certain directions issued by RBI contained in the “Reserve Bank of India (Frauds – Classification and Reporting by commercial banks and select FIs) Directions 2016”.

The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949, for delays in reporting of frauds to RBI, revealed during the statutory inspection of the bank with reference to its financial position as on March 31, 2018 and March 31, 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 directions. After considering the bank’s reply to the notice and oral submissions made in the personal hearing, 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: 2020-2021/979

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Reserve Bank of India – Press Releases

January 21, 2021 root Press Releases

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April 14, 2015

Dear All

Welcome to the refurbished site of the Reserve Bank of India.

The site can be accessed through most browsers and devices; it also meets accessibility standards.

Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.

Thank you for your continued support.

Department of Communication

Reserve Bank of India

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Reserve Bank of India – Tenders

January 21, 2021 root Tenders

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The queries in respect of the captioned work, received by scheduled date i.e. January 18, 2021, has been examined by the Bank and clarified as under:

Sr. No.	Queries raised by the firms	Bank’s Clarification
1	You have asked inverter type ductable package units which are available with limited OEMs. To make healthy competition considering all brands we here by request you to approve non inverter type ductable package units ac for be competitive to race.	Both inverter or non-inverter type ductable AC units are acceptable subject to complying minimum COP as indicated in the BOQ.
2	As per BOQ Sr.No.2 which mention ductable inverter AC of 5.5 TR capacity, However, some OEM comes with ductable inverter unit of 5.0 TR capacity. It is requested please amend the capacity to 5.0 TR	The capacity of ductable AC at BOQ Sr. No. 2 shall remain 5.5 TR, however, both inverter or non-inverter type ductable AC units are acceptable subject to complying minimum COP as indicated in the BOQ.
3	As per BOQ Sr. No. 3 which mention ductable inverter AC of 3.0 TR capacity, however, some OEM comes with refrigerant R407C for ductable inverter AC of 3.0 TR capacity. It is requested please amend and add refrigerant R407C.	In case of ductable AC units, the refrigerant R407C is also acceptable. Further, both inverter or non-inverter type ductable AC units are acceptable subject to complying minimum COP as indicated in the BOQ.
4	As per BOQ Sr. No.4, 5 & 6 which mention High wall split AC but it does not mention requirement of inverter or non-inverter AC. It is requested please confirm your requirement & amend accordingly.	As per the BOQ both are acceptable subject to complying minimum BEE “3” Star Rating.
5	As per BOQ Sr. No 7 & 8 which mention cassette AC but it does not mention requirement of inverter or non-inverter AC. It is requested please confirm your requirement and amend accordingly.	As per the BOQ both are acceptable subject to complying minimum BEE “3” Star Rating.

2. In addition to the above, we also clarify the following:

I. MS base structure for AC units shall be provided with safety railing for safety during the maintenance of the AC unit. The drawings of the same shall be got approved by the Bank before the fabrication work.

II. The format for submitting the details of offered make and model with tender part-I has been modified and attached. The tenderers are requested to use the revised format only and submit the details along with the tender part – I.

III. Bidders shall have to offer ductable AC units which can be accommodated in the gap of approximately 600mm between the true ceiling and false ceiling.

IV. In case of addition or deletion in quantity of AC units during the execution, the cost of CAMC for individual AC units (added or deleted) shall be derived as under:

Quoted capital cost of AC system=X
Quoted CAMC charges AC system =Y
Capital cost of individual AC unit (added or deleted). =Z
CAMC charges of individual AC unit (added or deleted) =(Y/X) x Z

Note: This document shall form part of the tender. Hence, it shall be signed and submitted along with the tender part – I by the tenderers. All the other Commercial & Technical terms & conditions will be as per the tender document.

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Reserve Bank of India – Tenders

January 21, 2021 root Tenders

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Name of the Work: Design, Fabrication, Supply and Fixing factory made Modular Work Stations, Cabin Partitions, Cabin Work tables & associated utilities / accessories for Reserve Bank of India at 13th Floor (in E wing) & 20th Floor (in F wing) of Maker Tower near Cuffe Parade, Mumbai

Based on the query/ies received till 14:00 hrs of January 18, 2021 for the captioned tender of above said work, following is the clarification.

Query Related to

Query

Clarification

Work station partition / proposed colour scheme

As per tender the colour of Sunmica Straight Line Teak. But Sunmica does not manufacture any Prelam. Please do accordingly. This apply to all Prelam Shade.

(i) Approved make of Prelaminated Particle Board and Laminate sheets etc. may please be referred to as per list provided at ‘Technical Specifications’ of Section VI (b) in Part I of tender.

(ii) Proposed colour scheme mentioned in the tender is to provide an idea to tenderers about the shade (s) forming part of scheme.

2. It is clarified that the terms and conditions of tender shall remain unaltered. This shall also be part of the tender document.

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