Current · Source: Reserve Bank of India · RBI/2010-11/483 · issued 21 Apr 2011 · ~1 min read
Quick answerRBI directs co-operative banks to update the UNSC 1267 consolidated list of terrorist individuals/entities linked to Al-Qaida and Taliban, screen new and existing accounts, and follow UAPA Order procedures for freezing assets.
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
Co-operative banks must update their list of bad people (terrorists) linked to Al-Qaida and Taliban using the new changes from the UN (United Nations) and RBI (Reserve Bank of India).
Before opening any new account, check the customer's name against the 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.
Follow the government's UAPA (Unlawful Activities Prevention Act) order from August 27, 2009, and the freezing rules from the October 29, 2009 circular to freeze any accounts found.
The Compliance Officer or Principal Officer must tell the RBI regional office that they got this circular.
How it plays out — a real example
A co-operative bank branch officer in Indore receives this circular and immediately updates the bank's internal list of banned individuals. She then screens all new loan applications that day, and finds one applicant's name matches a newly added entity. She follows the UAPA freezing procedures to block that account and reports it to her Compliance Officer, who acknowledges receipt to the RBI.
What changed
RBI forwarded a Government of India note from the UN Security Council's 1267 Committee dated March 10, 2011, detailing changes to the consolidated list of individuals and entities linked to Al-Qaida and Taliban. Banks must update their records with these changes and ensure compliance with earlier circulars.
What it means for you
Co-operative banks must immediately update their internal lists of designated terrorists/entities and cross-check all new and existing accounts. Non-compliance with the UAPA Order and freezing procedures could lead to regulatory action. This reinforces the ongoing obligation to prevent any financial support to proscribed groups.
What you must do
Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee changes received from RBI.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify any linked to listed individuals/entities.
Follow the UAPA Order dated August 27, 2009, and the freezing procedures outlined in the October 29, 2009 circular.
Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular to the concerned RBI Regional Office.
Who it affects
State Co-operative Banks (StCBs), District Central Co-operative Banks (DCCBs), Compliance Officers and Principal Officers of these banks
❓ Common questions
What is the source of the updated list?
The list is based on changes made by the UN Security Council's 1267 Committee, forwarded by the Government of India (Ministry of External Affairs) via a note dated March 10, 2011.
What actions are 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.
Where can the full consolidated list be accessed?
The complete list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml.
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/483
RPCD.CO.RCB.AML.No.12146/07.02.12/2010-11
April 21, 2011
The Chairmen / CEOs of all State and Central Co-operative Banks
Dear Sir,
List of Terrorist Individuals/Organisations - under UNSCR 1267(1999)
and 1822(2008) on Taliban/Al-Qaida Organisation
Please refer to our circular letter RPCD.CO.RCB.AML.No.12042/07.02.12/2010-11 dated April 20, 2011 . We have since received from Government of India (Ministry of External Affairs) copy of note dated March 10, 2011 forwarded by 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.
2. 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 RPCD.CO.RF.AML. BC. No. 34/07.40.00/ 2009-10 dated October 29, 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 October 29, 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. Compliance Officer/Principal Officer should acknowledge receipt of this circular letter to our concerned Regional Office.
Yours faithfully,
(R.K Moolchandani)
Deputy General Manager
Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/483 · issued 21 Apr 2011. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account applications against the updated list before opening accounts.
📜 Compliance
Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee changes received from RBI.
Scan all existing accounts to identify any linked to listed individuals/entities.
Follow the UAPA Order dated August 27, 2009, and the freezing procedures outlined in the October 29, 2009 circular.
Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular to the concerned RBI Regional Office.
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 (State Co-operative Banks (StCBs), District Central Co-operative Banks (DCCBs), Compliance Officers and Principal Officers of these banks), your first concrete step on “UNSC 1267 Terror List Update for StCBs/DCCBs” is: “Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee changes received from RBI.” (RBI issued this 21 Apr 2011).
Circular: RBI/2010-11/483 -- UNSC 1267 Terror List Update for StCBs/DCCBs
Issued: 21 Apr 2011
Action required: Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee changes received from RBI.
Action required: Screen all new account applications against the updated list before opening accounts.
Action required: Scan all existing accounts to identify any linked to listed individuals/entities.
Action required: Follow the UAPA Order dated August 27, 2009, and the freezing procedures outlined in the October 29, 2009 circular.
Action required: Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular to the concerned RBI Regional Office.
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=6355&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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