Financing of Infrastructure Projects

IECD. No. 26/08.12.01/98-99April 23, 1999ToChairman/Chief Executive Officer/(All Commercial banks/All IndiaFinancial Institutions)Dear Sir,Financing ofInfrastructure Projects Please refer to paragraphs 68 and 69 of the statement on 'Monetary and Credit Policy for the year 1999 - 2000' enclosed to Governor's letter No. MPD.BC.185/ 07.01. 279/98-99 dated April 20, 1999 regarding credit for infrastructure.2. As you are aware, the rapid growth of our economy critically de

IECD. No. 26/08.12.01/98-99April 23, 1999ToChairman/Chief Executive Officer/(All Commercial banks/All IndiaFinancial Institutions)Dear Sir,Financing ofInfrastructure Projects Please refer to paragraphs 68 and 69 of the statement on 'Monetary and Credit Policy for the year 1999 - 2000' enclosed to Governor's letter No. MPD.BC.185/ 07.01. 279/98-99 dated April 20, 1999 regarding credit for infrastructure.2. As you are aware, the rapid growth of our economy critically de

Financing of Infrastructure Projects

A.D. (M.A. Series) Circular No.12 (April 24, 1999)

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.D. (M.A. Series) Circular No.12April 24, 1999To All Authorised dealers in foreign exchangeDear Sirs,Amendments to the Exchange Control Manual (ECM) Please refer to paragraphs 22, 23 and 26 of the Statement on Monetary and Credit Policy for the year 1999-2000 which was announced on 20th April 1999. Following instructions are issued in implementation of the decisions announced in the above-ref

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.D. (M.A. Series) Circular No.12April 24, 1999To All Authorised dealers in foreign exchangeDear Sirs,Amendments to the Exchange Control Manual (ECM) Please refer to paragraphs 22, 23 and 26 of the Statement on Monetary and Credit Policy for the year 1999-2000 which was announced on 20th April 1999. Following instructions are issued in implementation of the decisions announced in the above-ref

A.D. (M.A. Series) Circular No.12 (April 24, 1999)

Monetary and Credit Policy Measures

DBOD.No.BP.BC. 35 /21.01.002/99April 24 , 1999Chaitra 4, 1921 (Saka)All commercial banks (excluding RRBs)Dear Sir,Monetary and Credit Policy MeasuresPlease refer to Governor’s letter No.MPD.BC.185/07.01.279/98-99 dated April 20, 1999 enclosing a copy of the statement on "Monetary and Credit Policy for the year 1999-2000". The guidelines in regard to the policy measures indicated therein, are given below:1) Rationalisation of Interest RatesIn terms of our circular DBOD

DBOD.No.BP.BC. 35 /21.01.002/99April 24 , 1999Chaitra 4, 1921 (Saka)All commercial banks (excluding RRBs)Dear Sir,Monetary and Credit Policy MeasuresPlease refer to Governor’s letter No.MPD.BC.185/07.01.279/98-99 dated April 20, 1999 enclosing a copy of the statement on "Monetary and Credit Policy for the year 1999-2000". The guidelines in regard to the policy measures indicated therein, are given below:1) Rationalisation of Interest RatesIn terms of our circular DBOD

Monetary and Credit Policy Measures

Interest Rates on Deposits

Dir.BC. 36/13.01.04/99April 23, 1999Vaishakha 3, 1921(Saka)Interest Rates on DepositsIn exercise of the powers conferred by Section 21 and 35A of the Banking Regulation Act, 1949 and in partial modification of the Directive DBOD No.Dir.BC. 151/C.347-85 dated December 27, 1985, as amended from time to time, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest so to do, hereby directs that clause (a) of paragraph 11 of the

Dir.BC. 36/13.01.04/99April 23, 1999Vaishakha 3, 1921(Saka)Interest Rates on DepositsIn exercise of the powers conferred by Section 21 and 35A of the Banking Regulation Act, 1949 and in partial modification of the Directive DBOD No.Dir.BC. 151/C.347-85 dated December 27, 1985, as amended from time to time, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest so to do, hereby directs that clause (a) of paragraph 11 of the

Interest Rates on Deposits

ALM - Annexures I, II & III

Annexure IName of the FI :Statement of Structural Liquidity as on :(Amt. in crore of rupees)A. Outflows1 to 14 days15 t0 28 days 29 days to 3 mths Over 3 to 6 mths Over 6 mths to 1 yearOver 1 year to 3 yearsOver 3 to 5 years Over 5 to 7 years Over 7 to 10 yearsOver 10 years Total1. Capital a) Equity and perpetual preference shares @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@b) Non-perpetual preference shares@@NBSP@@@@NBSP@@@

Annexure IName of the FI :Statement of Structural Liquidity as on :(Amt. in crore of rupees)A. Outflows1 to 14 days15 t0 28 days 29 days to 3 mths Over 3 to 6 mths Over 6 mths to 1 yearOver 1 year to 3 yearsOver 3 to 5 years Over 5 to 7 years Over 7 to 10 yearsOver 10 years Total1. Capital a) Equity and perpetual preference shares @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@b) Non-perpetual preference shares@@NBSP@@@@NBSP@@@

ALM - Annexures I, II & III

Asset Liability Management (ALM) System

FID.No. 38 / 01.02.00/98-9920 April 1999ToAll India Financial Institutions(ICICI, IDBI, IFCI, IDFC, TFCI, IIBI, NABARD, NHB, SIDBI and EXIM Bank)Dear Sir,Asset Liability Management (ALM) SystemAs you are aware, the final guidelines for introduction of ALM system by banks have been recently issued by RBI and the system has become operational w.e.f. 1 April 1999. Since the operations of financial institutions also give rise to liquidity and interest rate risk exposures,

FID.No. 38 / 01.02.00/98-9920 April 1999ToAll India Financial Institutions(ICICI, IDBI, IFCI, IDFC, TFCI, IIBI, NABARD, NHB, SIDBI and EXIM Bank)Dear Sir,Asset Liability Management (ALM) SystemAs you are aware, the final guidelines for introduction of ALM system by banks have been recently issued by RBI and the system has become operational w.e.f. 1 April 1999. Since the operations of financial institutions also give rise to liquidity and interest rate risk exposures,

Asset Liability Management (ALM) System

Minimum Net Owned Fund (NOF) for commencement
of business of a Non-Banking Financial Institution (NBFI)

RESERVE BANK OF INDIADEPARTMENT OF NON-BANKING SUPERVISIONCENTRAL OFFICECENTRE I, WORLD TRADE CENTRE,CUFFE PARADE, COLABAMUMBAI 400 005.DNBS (PD) No. CC.10/02.59/98-99 April 20, 1999 To The Secretary, Department of Company Affairs, Government of India, All the Registrars of CompaniesAll the Apex Level Chambers of Commerce FICCI/ASSOCHAM/CIIPresident of the Institute of Chartered Accountants of IndiaPresident of the Institute of Company Secretaries of IndiaAssociations

RESERVE BANK OF INDIADEPARTMENT OF NON-BANKING SUPERVISIONCENTRAL OFFICECENTRE I, WORLD TRADE CENTRE,CUFFE PARADE, COLABAMUMBAI 400 005.DNBS (PD) No. CC.10/02.59/98-99 April 20, 1999 To The Secretary, Department of Company Affairs, Government of India, All the Registrars of CompaniesAll the Apex Level Chambers of Commerce FICCI/ASSOCHAM/CIIPresident of the Institute of Chartered Accountants of IndiaPresident of the Institute of Company Secretaries of IndiaAssociations

Minimum Net Owned Fund (NOF) for commencement of business of a Non-Banking Financial Institution (NBFI)

Notification No.FERA.202/99-RB dated April 15, 1999

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001.Notification No.FERA.202/99-RB dated April 15, 1999Carrying on Activities in India by ForeignAirline Companies through Local Agents In Pursuance of Clause (a) of Sub-Section (1) of Section 29 of the Foreign Exchange Regulation Act, 1973 (46 of 1973), the Reserve Bank is pleased to grant general permission to airline companies which are not incorporated in India and which do not have a branch,

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001.Notification No.FERA.202/99-RB dated April 15, 1999Carrying on Activities in India by ForeignAirline Companies through Local Agents In Pursuance of Clause (a) of Sub-Section (1) of Section 29 of the Foreign Exchange Regulation Act, 1973 (46 of 1973), the Reserve Bank is pleased to grant general permission to airline companies which are not incorporated in India and which do not have a branch,

Notification No.FERA.202/99-RB dated April 15, 1999

Statement by Dr. Bimal Jalan, Governor, Reserve Bank of India on Monetary and Credit Policy for the Year 1999-2000

Statement by Dr. Bimal Jalan, Governor, Reserve Bank of India on Monetary and Credit Policy for the Year 1999-2000 The Statement consists of three parts: (I) Review of Macro-economic and Monetary Developments during 1998-99, (II) Stance of Monetary Policy for 1999-2000 and (III) Changes in Monetary and Credit Policy measures. I. Review of Macro-economic and MonetaryDevelopments: 1998-99Domestic Developments2.    According to the preliminary estimates of

Statement by Dr. Bimal Jalan, Governor, Reserve Bank of India on Monetary and Credit Policy for the Year 1999-2000 The Statement consists of three parts: (I) Review of Macro-economic and Monetary Developments during 1998-99, (II) Stance of Monetary Policy for 1999-2000 and (III) Changes in Monetary and Credit Policy measures. I. Review of Macro-economic and MonetaryDevelopments: 1998-99Domestic Developments2.    According to the preliminary estimates of

Statement by Dr. Bimal Jalan, Governor, Reserve Bank of India on Monetary and Credit Policy for the Year 1999-2000

Income recognition, asset classification, Provisioning and
other related matters - Valuation of investments
(BP.BC. 28 /21.04.048/98-99)

BP.BC. 28 /21.04.048/98-99April 15, 1999All Commercial Banks(excluding Regional Rural Banks)Dear Sir,Income recognition, asset classification,Provisioning and other related matters - Valuation of investments-----------------------------------------------------Please refer to our circular DBOD.No.BP.BC.29/21.04.048/98 dated 11 April, 1998 prescribing the method to be adopted by banks and auditors for valuation of Government and other securities while finalising the Bal

BP.BC. 28 /21.04.048/98-99April 15, 1999All Commercial Banks(excluding Regional Rural Banks)Dear Sir,Income recognition, asset classification,Provisioning and other related matters - Valuation of investments-----------------------------------------------------Please refer to our circular DBOD.No.BP.BC.29/21.04.048/98 dated 11 April, 1998 prescribing the method to be adopted by banks and auditors for valuation of Government and other securities while finalising the Bal

Income recognition, asset classification, Provisioning and other related matters - Valuation of investments (BP.BC. 28 /21.04.048/98-99)