Current · Source: Reserve Bank of India · RBI/2010-11/573 · issued 17 Jun 2011 · ~2 min read
Quick answerRBI directs all RRBs to update the consolidated list of individuals/entities linked to Al-Qaida and Taliban as per UNSCR 1267/1822. Before opening new accounts, verify names against this list and scan existing accounts for matches. 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
RRBs (Regional Rural Banks) must update their list of bad people linked to Al-Qaida and Taliban as told by the UN (United Nations).
Before opening a new account, check the person's name against this list to make sure they are not a terrorist.
Also check all existing accounts to see if any match the list, and if so, freeze their money following the rules from November 2009.
Follow the UAPA Order (a government rule about stopping terrorism) exactly when freezing accounts.
How it plays out — a real example
A payments & clearing officer in Indore receives the updated UN list from RBI. She immediately checks her bank's database and finds that a new applicant's name matches a listed entity. She refuses to open the account and freezes any existing accounts linked to that name, following the freezing steps from the November 2009 circular.
What changed
RBI issued a circular on June 17, 2011, forwarding a UN Security Council 1267 Committee note dated June 10, 2011, with changes to the consolidated list of terrorist individuals/organisations. RRBs must now update their records accordingly and ensure compliance with earlier instructions from November 2009.
What it means for you
RRBs must immediately update their internal databases with the revised UN list to prevent any dealings with designated terrorists. This reinforces the obligation to screen all new and existing customers, and to freeze accounts of listed entities as per the UAPA Order. Non-compliance could lead to regulatory action.
What you must do
Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee's latest changes.
Screen all new account applications against the updated list before opening accounts.
Scan all existing accounts to identify and report any matches with the list.
Follow the freezing procedures outlined in paragraph 6 of the November 5, 2009 circular for any matched accounts.
Acknowledge receipt of this circular to your respective RBI Regional Office.
Who it affects
All Regional Rural Banks (RRBs), Compliance Officers/Principal Officers of RRBs
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 from the UN Security Council's 1267 Committee, forwarded by the Ministry of External Affairs. Full details are on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml.
What actions are required for existing accounts?
RRBs must scan all existing accounts to ensure no account is held by or linked to any listed individual or entity. If found, freezing of funds and assets must follow the procedure in paragraph 6 of the November 5, 2009 circular.
Who should acknowledge receipt of this circular?
The Compliance Officer or Principal Officer of each RRB must send an acknowledgment to the concerned RBI Regional Office.
📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
RBI’s words: “Please refer to our circular letter RPCD.CO.RRB.AML.NO.14516 /03.05.28(A)/2010-11 dated June 17, 2011”
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/573
RPCD.CO RRB.AML.No.14516 /03.05.28(A)/2010-11
June 17, 2011
The Chairmen
All Regional Rural Banks (RRBs)
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.RRB.AML.NO.14310 /03.05.28(A)/2010-11 dated June 14, 2011 . We have since received from Government of India (Ministry of External Affairs) copy of note dated June 10, 2011 forwarded by the Chairman of UN Security Council's 1267 Committee ( copy enclosed ) regarding changes made in the Consolidated List of Individuals and entities linked to Al-Qaida and Taliban.
2. RRBs 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 of the proposed customer does not appear in the list. Further, RRBs 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. RRBs are advised to strictly follow the procedure laid down in the UAPA Order dated August 27, 2009 enclosed to our circular RPCD. CO. RRB. No. 39/03.05.33(E)/2009-10 dated November 05, 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 05, 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 letter to our Regional Office concerned.
Yours faithfully
(V.S.Vagad)
Assistant General Manager
Encls: as above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/573 · issued 17 Jun 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's latest changes.
Scan all existing accounts to identify and report any matches with the list.
Follow the freezing procedures outlined in paragraph 6 of the November 5, 2009 circular for any matched accounts.
Acknowledge receipt of this circular to your respective 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 (All Regional Rural Banks (RRBs), Compliance Officers/Principal Officers of RRBs), your first concrete step on “RRBs Must Update Terrorist Lists Under UNSCR 1267” is: “Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee's latest changes.” (RBI issued this 17 Jun 2011).
Circular: RBI/2010-11/573 -- RRBs Must Update Terrorist Lists Under UNSCR 1267
Issued: 17 Jun 2011
Action required: Update the consolidated list of terrorist individuals/entities as per the UNSC 1267 Committee's latest changes.
Action required: Screen all new account applications against the updated list before opening accounts.
Action required: Scan all existing accounts to identify and report any matches with the list.
Action required: Follow the freezing procedures outlined in paragraph 6 of the November 5, 2009 circular for any matched accounts.
Action required: Acknowledge receipt of this circular to your respective 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=6467&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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