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RBI tells banks to watch transactions of 23 terrorist outfits

Reserve Bank of India has asked the banks to keep a 'watchful eye' on the transactions of 23 organisations identified by the Union government as 'terrorist outfits'.

The GoI list includes among others Lashkar-e-Tayiba, Jaish-e-Mohammed, Harkat-ul-Mujahideen who operate from Pakistan, militant organisations from North-Eastern region like United Liberation Front of Assam, the banned Students Islamic Movement of India and Liberation Tigers of Tamil Eelam.

This follows the President of India's promulgation of the Prevention of Terrorism Ordinance in October.

"It has been decided in consultation with the GoI that banks should keep a watchful eye on the transactions of these organisations and if something is found violative of the extant acts or normal banking operations, the matter must be reported by the concerned bank to the appropriate authorities under the ordinance and to RBI," the apex bank said in a circular issued to commercial banks.

Further, the banks are required to undertake due diligence in respect of the 'know your customer' principle, RBI added in the December 5 circular.

Following is the complete list of all the 23 organistions as per GOI notification:

• Babbar Khalsa International,

• Khalistan Commando Force,

• Khalistan Zindabad Force,

• International Sikh Youth Federation,

• Lashkar-e-Tayiba/Pasban-e-Ahle Hadis,

• Jaish-e-Mohammed/Tahrik-e-Furqan,

• Harkat-ul-Mujahideen/Harkar-ul-Ansar/Karkat-ul-Jehad-e-Islami,

• Hizb-ul-Mujahideen/Hizb-UlmujahideenPir/Panjal Regiment,

• Al-Umar-Mujahideen,

• Jammu and Kashmir Islamic Front,

• United Liberation Front of Assam,

• National Democratic Front of Bodoland,

• People's Liberation Army,

• United National Liberation Front,

• People's Revolutionary Party of Kangleipalk,

• Kangleipak Communist Party,

• Kanglei Yaol Kanba Lup,

• Manipur People's Liberation Front,

• All Tripura Tiger Force,

• National Liberation Front of Tripura,

• Liberation Tigers of Tamil Eelam,

• Students Islamic Movement of India, and

• Deendar Anjuman.

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