Current · Source: Reserve Bank of India · RBI/2010-11/337 · issued 28 Dec 2010 · ~2 min read
Quick answerRBI directs all Primary (Urban) Co-operative Banks to update their records with the latest UNSCR 1267/1822 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts against this list, and comply with freezing orders under UAPA.
Sanctions-list safety note. This circular refers to a specific UN Security Council / UAPA designated-entities list update as it stood on the date above — sanctions lists change often, and a newer update almost certainly exists today. Never use this page, or any single dated circular, as your current screening list. Always screen against the live, current list at the official UAPA proscribed-organisations list and the UN Consolidated List, and confirm the obligations for your bank on the official rbi.org.in source below.
The rule, in the simplest words
Update your bank's list of bad people (terrorists linked to Al-Qaida and Taliban) using eight new notes from the UN (United Nations) sent by RBI (Reserve Bank of India).
Before opening a new account, check the customer's name against this updated list to make sure they are not on it.
Check all existing accounts to see if any belong to or are linked to people or groups on the list.
If you find a matching account, freeze it (stop all transactions) following the rules in RBI's earlier circular from November 16, 2009.
Send a confirmation to your RBI Regional Office that you got this circular.
How it plays out — a real example
A compliance officer at a Primary Urban Co-operative Bank in Pune receives this RBI circular. She immediately updates the bank's internal watchlist with the eight new UN notes, then instructs her team to screen all new account applications and scan every existing account. She discovers one old savings account linked to a newly listed entity, so she freezes it per the 2009 freezing rules and reports it to the RBI Regional Office.
What changed
RBI has forwarded eight new UN Security Council 1267 Committee notes (dated August 6, September 13 & 28, October 21, November 4, December 1, 16 & 17, 2010) updating the consolidated list of individuals/entities linked to Al-Qaida and Taliban. Banks must now incorporate these updates into their screening processes.
What it means for you
UCBs must immediately update their internal watchlists with the latest UN-designated names and entities. Before opening any new account, banks must verify the proposed customer is not on this list. Existing accounts must also be scanned to ensure none are linked to listed individuals/entities. Non-compliance could lead to regulatory action.
What you must do
Update your bank's consolidated list of terrorist individuals/entities with the eight new UN notes enclosed in this circular.
Screen all new account applications against the updated list before account opening.
Scan all existing accounts to identify and flag any linked to listed individuals/entities.
Follow the freezing procedures detailed in paragraph 6 of RBI circular dated November 16, 2009 for any designated accounts.
Acknowledge receipt of this circular to your respective RBI Regional Office via the compliance/principal officer.
Who it affects
All Primary (Urban) Co-operative Banks, Compliance Officers / Principal Officers of UCBs, Branch managers handling account opening and KYC
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
What is the source of the updated list?
The list is based on notifications from the Government of India, Ministry of External Affairs, reflecting changes made by the UN Security Council's 1267 Committee regarding individuals and entities linked to Al-Qaida and Taliban.
What action is required for existing accounts?
Banks must scan all existing accounts to ensure no account is held by or linked to any entity or individual on the updated consolidated list. If found, freezing action must be taken as per paragraph 6 of the November 16, 2009 circular.
Where can I find the complete consolidated list?
The full list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml.
📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
RBI’s words: “Please refer to our circular UBD.CO. BPD (PCB).Cir.No.31/14.01.062/2010-11 dated December 28, 2010”
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/337
UBD.CO.BPD.(PCB). Cir.No. 31/14.01.062/2010-11
December 28, 2010
The Chief Executive Officer of
All Primary (Urban) Co-operative Banks
Dear Sir/ Madam,
List of Terrorist Individuals/ Organisations under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
Please refer to our circular UBD.CO.BPD.(PCB). Cir.No. 29/14.01.062/2010-11 dated December 13, 2010 . We enclose, as detailed below, copies of notification (received from Government of India- Ministry of External Affairs) of the Chairman of UN Security Council's 1267 Committee regarding changes made in the Consolidated List of Individuals and entities linked to Al-Qaida and Taliban:
1. Note dated August 6, 2010
2. Note dated September 13, 2010
3. Note dated September 28, 2010
4. Note dated October 21, 2010
5. Note dated November 4, 2010
6. Note dated December 1, 2010
7. Note dated December 16, 2010
8. Note dated December 17, 2010
2. Urban Co-operative Banks are required to update the consolidated list of individuals/entities as circulated by Reserve Bank and before opening any new account, it should be ensured that the name/s of the proposed customer does not appear in the list. Further, banks should scan all existing accounts to ensure that no account is held by or linked to any of the entities or individuals included in the list.
3 . Banks are advised to strictly follow the procedure laid down in the UAPA Order dated August 27, 2009 enclosed to our circular UBD.CO.BPD.PCB.Cir.No.21/12.05.001/2009-10 dated November 16, 2009 and ensure meticulous compliance to the Order issued by the Government.
4. As far as freezing of funds, financial assets or economic resources or related services held in the form of bank accounts of the designated individuals/entities are concerned, action should be taken as detailed in paragraph 6 of the circular dated November 16, 2009 mentioned above.
5. The complete details of the said consolidated list are available on the UN website:
http://www.un.org/sc/committees/1267/consolist.shtml
6. The compliance officer/ Principal Officer of the bank should acknowledge receipt of this circular to our Regional Office concerned .
Yours faithfully
(M. Nanda Kumar)
Deputy General Manager
Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/337 · issued 28 Dec 2010. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account applications against the updated list before account opening.
📜 Compliance
Update your bank's consolidated list of terrorist individuals/entities with the eight new UN notes enclosed in this circular.
Scan all existing accounts to identify and flag any linked to listed individuals/entities.
Follow the freezing procedures detailed in paragraph 6 of RBI circular dated November 16, 2009 for any designated accounts.
Acknowledge receipt of this circular to your respective RBI Regional Office via the compliance/principal officer.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are a Compliance officer at a bank this circular applies to (All Primary (Urban) Co-operative Banks, Compliance Officers / Principal Officers of UCBs, Branch managers handling account opening and KYC), your first concrete step on “UCBs: Update UN Terrorist Lists & Screen Accounts” is: “Update your bank's consolidated list of terrorist individuals/entities with the eight new UN notes enclosed in this circular.” (RBI issued this 28 Dec 2010).
Action required: Update your bank's consolidated list of terrorist individuals/entities with the eight new UN notes enclosed in this circular.
Action required: Screen all new account applications against the updated list before account opening.
Action required: Scan all existing accounts to identify and flag any linked to listed individuals/entities.
Action required: Follow the freezing procedures detailed in paragraph 6 of RBI circular dated November 16, 2009 for any designated accounts.
Action required: Acknowledge receipt of this circular to your respective RBI Regional Office via the compliance/principal officer.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=6174&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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