Notifications - આરબીઆઈ - Reserve Bank of India
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Notifications
એપ્રિલ 26, 2001
Recommendations of High Power Committee-
Opening of Extension Counters by Urban
Co-operative Banks - Revised Policy
Opening of Extension Counters by Urban
Co-operative Banks - Revised Policy
BL.(PCB)46/07.01.00/2000-01 April 26, 2001Vaisakha 6,1923(S)Chief Executive Officers ofall Primary (Urban) Co-operative Banks Dear Sir,Recommendations of High Power Committee-Opening of Extension Counters by Urban Co-operative Banks - Revised Policy The existing policy for opening of extension counters by Urban Co-operative Banks (UCBs) has been reviewed by a High Power Committee (HPC) constituted by Reserve Bank of India in 1999. Based on the recommendations of the C
BL.(PCB)46/07.01.00/2000-01 April 26, 2001Vaisakha 6,1923(S)Chief Executive Officers ofall Primary (Urban) Co-operative Banks Dear Sir,Recommendations of High Power Committee-Opening of Extension Counters by Urban Co-operative Banks - Revised Policy The existing policy for opening of extension counters by Urban Co-operative Banks (UCBs) has been reviewed by a High Power Committee (HPC) constituted by Reserve Bank of India in 1999. Based on the recommendations of the C
એપ્રિલ 26, 2001
Recommendations of the High Power Committee -
Review of Branch Licensing Policy
Review of Branch Licensing Policy
BL(PCB)No.47/ 07.01.00 / 2000-1April 26, 2001Vaisakha 6,1923(S)Chief Executive Officers ofPrimary ( Urban ) Co-operative Banks(except Salary Earners' Banks)Dear Sir,Recommendations of the High Power Committee - Review of Branch Licensing Policy Reserve Bank of India had constituted a High Power Committee on Urban Co-operative Banks (UCBs) under the Chairmanship of Shri K. Madhava Rao, to review the performance of UCBs and suggest necessary measures to strengthen them.
BL(PCB)No.47/ 07.01.00 / 2000-1April 26, 2001Vaisakha 6,1923(S)Chief Executive Officers ofPrimary ( Urban ) Co-operative Banks(except Salary Earners' Banks)Dear Sir,Recommendations of the High Power Committee - Review of Branch Licensing Policy Reserve Bank of India had constituted a High Power Committee on Urban Co-operative Banks (UCBs) under the Chairmanship of Shri K. Madhava Rao, to review the performance of UCBs and suggest necessary measures to strengthen them.
એપ્રિલ 26, 2001
Recommendations of High Power Committee -
Area of operation of primary (urban) co-operative
Banks - Revised Policy Approach
Area of operation of primary (urban) co-operative
Banks - Revised Policy Approach
BL(PCB)48/07.01.00/2000-01April 26, 2001Vaisakha 6, 1923(S)Chief Executive Officers of all Primary (Urban) Co-operative BanksDear Sir,Recommendations of High Power Committee -Area of operation of primary (urban) co-operative Banks - Revised Policy ApproachThe policy regarding area of operation of Urban Co-operative Banks(UCBs) has been reviewed by a High Power Committee on UCBs constituted by RBI in 1999. The Committee had submitted its recommendations based on which
BL(PCB)48/07.01.00/2000-01April 26, 2001Vaisakha 6, 1923(S)Chief Executive Officers of all Primary (Urban) Co-operative BanksDear Sir,Recommendations of High Power Committee -Area of operation of primary (urban) co-operative Banks - Revised Policy ApproachThe policy regarding area of operation of Urban Co-operative Banks(UCBs) has been reviewed by a High Power Committee on UCBs constituted by RBI in 1999. The Committee had submitted its recommendations based on which
એપ્રિલ 24, 2001
Rupee Export Credit Interest Rates
IECD No.13/04.02.01/2000-01 April 19, 2001 The Chairmen/Chief Executives of all commercial banks Dear Sir, Rupee Export Credit Interest Rates Please refer to paragraphs 67 to 69 of the statement on Monetary and Credit Policy for the year 2001-2002 enclosed to the Governor's letter No.MPD/BC/206/07.01.279/2000-01 dated April 19,2001. 2. Accordingly, it has been decided to specify only ceilings on interest rates for rupee export credit which will be linked to Prime Lend
IECD No.13/04.02.01/2000-01 April 19, 2001 The Chairmen/Chief Executives of all commercial banks Dear Sir, Rupee Export Credit Interest Rates Please refer to paragraphs 67 to 69 of the statement on Monetary and Credit Policy for the year 2001-2002 enclosed to the Governor's letter No.MPD/BC/206/07.01.279/2000-01 dated April 19,2001. 2. Accordingly, it has been decided to specify only ceilings on interest rates for rupee export credit which will be linked to Prime Lend
એપ્રિલ 24, 2001
Interest rates on Export Credit in Foreign Currency
IECD No. 14/04.02.01/2000-01 April 19, 2001 The Chairmen/Chief Executives of all commercial banks Dear Sir, Interest rates on Export Credit in Foreign Currency ------------------------------------- Please refer to paragraph 70 of the statement on Monetary and Credit Policy for the year 2001-2002 enclosed to the Governor's letter No.MPD/BC/206/07.01.279/2000-01 dated April 19, 2001 relating to export credit in foreign currency. 2. With the ceiling rate on FCNR (B) depo
IECD No. 14/04.02.01/2000-01 April 19, 2001 The Chairmen/Chief Executives of all commercial banks Dear Sir, Interest rates on Export Credit in Foreign Currency ------------------------------------- Please refer to paragraph 70 of the statement on Monetary and Credit Policy for the year 2001-2002 enclosed to the Governor's letter No.MPD/BC/206/07.01.279/2000-01 dated April 19, 2001 relating to export credit in foreign currency. 2. With the ceiling rate on FCNR (B) depo
એપ્રિલ 24, 2001
Section 42 (1) of the Reserve Bank of India Act, 1934
Maintenance of Cash Reserve Ratio (CRR)
Maintenance of Cash Reserve Ratio (CRR)
DBOD.BC103/12.01.001: 2000- 2001 April 19, 2001 Chaitra 29, 1923 (Saka) All Scheduled Commercial Banks ( excluding Regional Rural Banks) Dear Sir, Section 42 (1) of the Reserve Bank of India Act, 1934 Maintenance of Cash Reserve Ratio (CRR) Please refer to paragraphs 75, 76 and 77 of the Governor's statement on Monetary & Credit Policy for the year 2001- 2002 ( MPD. BC. 206/07.01.279/2000- 01 dated April 19, 2001) regarding maintenance of Cash Reserve Ratio (CRR)
DBOD.BC103/12.01.001: 2000- 2001 April 19, 2001 Chaitra 29, 1923 (Saka) All Scheduled Commercial Banks ( excluding Regional Rural Banks) Dear Sir, Section 42 (1) of the Reserve Bank of India Act, 1934 Maintenance of Cash Reserve Ratio (CRR) Please refer to paragraphs 75, 76 and 77 of the Governor's statement on Monetary & Credit Policy for the year 2001- 2002 ( MPD. BC. 206/07.01.279/2000- 01 dated April 19, 2001) regarding maintenance of Cash Reserve Ratio (CRR)
એપ્રિલ 23, 2001
Risk Weight on Deposits placed with SIDBI / NABARD
in lieu of shortfall in lending to Priority Sector
in lieu of shortfall in lending to Priority Sector
Ref.DBOD.BP.BC. 110 /21.01.002/2000-01April 20, 2001All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Risk Weight on Deposits placed with SIDBI / NABARDin lieu of shortfall in lending to Priority SectorPlease refer to our circular DBOD.No.BP.BC.91/21.01.002/2000-01 dated March 22, 2001 clarifying that all deposits placed with NABARD / SIDBI in lieu of shortfall in advances to priority sector vis-à-vis the prescribed target would attract 100% risk weight since th
Ref.DBOD.BP.BC. 110 /21.01.002/2000-01April 20, 2001All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Risk Weight on Deposits placed with SIDBI / NABARDin lieu of shortfall in lending to Priority SectorPlease refer to our circular DBOD.No.BP.BC.91/21.01.002/2000-01 dated March 22, 2001 clarifying that all deposits placed with NABARD / SIDBI in lieu of shortfall in advances to priority sector vis-à-vis the prescribed target would attract 100% risk weight since th
એપ્રિલ 19, 2001
Scheme for Bidding, Underwriting and Liquidity Support to Primary Dealers - 2001-02
IDMC No. 4135 /03.64.00/2000-01Dated April 19, 2001All Primary DealersScheme for Bidding, Underwriting andLiquidity Support to Primary Dealers – 2001-02Please refer to our letter IDMC No. 3514 / 03.64.00 /99-2000 dated April 27, 2000, forwarding to you the Scheme for Bidding, Underwriting and Liquidity Support to Primary Dealers.2. It may be recalled the Scheme for providing Liquidity Support to the PDs for the year 2000-01 was based on bidding commitment and primary
IDMC No. 4135 /03.64.00/2000-01Dated April 19, 2001All Primary DealersScheme for Bidding, Underwriting andLiquidity Support to Primary Dealers – 2001-02Please refer to our letter IDMC No. 3514 / 03.64.00 /99-2000 dated April 27, 2000, forwarding to you the Scheme for Bidding, Underwriting and Liquidity Support to Primary Dealers.2. It may be recalled the Scheme for providing Liquidity Support to the PDs for the year 2000-01 was based on bidding commitment and primary
એપ્રિલ 19, 2001
Interest Rates on Deposits
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29,1923(S)DBOD No. Dir BC 104/13.03.00/2000-01@@NBSP@@Interest Rates on DepositsIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, and in partial modification of its Directive DBOD No. Dir. BC. 46/13.03.00/2000-2001 dated November 4, 2000, the Reserve Ba
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29,1923(S)DBOD No. Dir BC 104/13.03.00/2000-01@@NBSP@@Interest Rates on DepositsIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, and in partial modification of its Directive DBOD No. Dir. BC. 46/13.03.00/2000-2001 dated November 4, 2000, the Reserve Ba
એપ્રિલ 19, 2001
Foreign Currency (Non-Resident) Accounts (Banks) Scheme
Reserve Bank 0f IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29 ,1923(S)DBOD No. Dir BC 105/13.03.00/2000-01Foreign Currency (Non-Resident) Accounts (Banks) SchemeIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in the public interest s
Reserve Bank 0f IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29 ,1923(S)DBOD No. Dir BC 105/13.03.00/2000-01Foreign Currency (Non-Resident) Accounts (Banks) SchemeIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in the public interest s
એપ્રિલ 19, 2001
Interest Rates on Advances
Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations And DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29 ,1923(S)DBOD No. Dir. BC. 106/13.03.00/2000-01Interest Rates on AdvancesIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest to do so, hereby directs, i
Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations And DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29 ,1923(S)DBOD No. Dir. BC. 106/13.03.00/2000-01Interest Rates on AdvancesIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest to do so, hereby directs, i
એપ્રિલ 19, 2001
Monetary and Credit Policy for the year 2001-2002 - Interest Rate Policy
Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations And DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29,1923(S)DBOD No. Dir. BC. 107/13.03.00/2000-01All Commercial Banks(including RRBs and LABs)Dear Sirs,Monetary and Credit Policy for the year 2001–2002 – Interest Rate PolicyPlease refer to Governors’ letter No. MPD.BC 206/07.01.279/2000-01, dated April 19, 2001 enclosing a copy of the statement o
Reserve Bank of IndiaCentral OfficeDepartment Of Banking Operations And DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29,1923(S)DBOD No. Dir. BC. 107/13.03.00/2000-01All Commercial Banks(including RRBs and LABs)Dear Sirs,Monetary and Credit Policy for the year 2001–2002 – Interest Rate PolicyPlease refer to Governors’ letter No. MPD.BC 206/07.01.279/2000-01, dated April 19, 2001 enclosing a copy of the statement o
એપ્રિલ 19, 2001
Interest Rates on Deposits - Capital Gains Accounts Scheme, 1988
Reserve Bank Of India Central OfficeDepartment Of Banking Operations And DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29 ,1923(S)DBOD No. Dir BC 109/13.03.00/2000-01All Public Sector BanksDear Sirs,Interest Rates on Deposits –Capital Gains Accounts Scheme, 1988Please refer to our Notification DBOD No. Dir.BC 159/13.03.00/2000 dated April 01, 2000 in terms of which the banks were advised of the rates of interest o
Reserve Bank Of India Central OfficeDepartment Of Banking Operations And DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29 ,1923(S)DBOD No. Dir BC 109/13.03.00/2000-01All Public Sector BanksDear Sirs,Interest Rates on Deposits –Capital Gains Accounts Scheme, 1988Please refer to our Notification DBOD No. Dir.BC 159/13.03.00/2000 dated April 01, 2000 in terms of which the banks were advised of the rates of interest o
એપ્રિલ 19, 2001
Interest Rates on Deposits - Capital Gains Accounts Scheme, 1988
Reserve Bank Of IndiaCentral OfficeDepartment Of Banking Operations And DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29 ,1923(S)DBOD No. Dir BC 108/13.03.00/2000-01NOTIFICATIONInterest Rates on Deposits –Capital Gains Accounts Scheme, 1988In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 and paragraph 8 of the Capital Gains Accounts Scheme, 1988 and in modification of its Noti
Reserve Bank Of IndiaCentral OfficeDepartment Of Banking Operations And DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005April 19, 2001Chaitra 29 ,1923(S)DBOD No. Dir BC 108/13.03.00/2000-01NOTIFICATIONInterest Rates on Deposits –Capital Gains Accounts Scheme, 1988In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 and paragraph 8 of the Capital Gains Accounts Scheme, 1988 and in modification of its Noti
એપ્રિલ 19, 2001
Statement by Dr. Bimal Jalan, Governor, Reserve Bank of India on Monetary and Credit Policy for the year 2001-2002
The Statement consists of three parts: (I) Review of Macroeconomic and Monetary Developments during 2000-01, (II) Stance of Monetary Policy for 2001-02, and (III) Financial Sector Reforms and Monetary Policy Measures.2. This year’s Policy is being presented at a time when serious lacunae have emerged in the functioning of certain segments of the financial system. It is important to take necessary remedial measures urgently to remove the weaknesses that have been notic
The Statement consists of three parts: (I) Review of Macroeconomic and Monetary Developments during 2000-01, (II) Stance of Monetary Policy for 2001-02, and (III) Financial Sector Reforms and Monetary Policy Measures.2. This year’s Policy is being presented at a time when serious lacunae have emerged in the functioning of certain segments of the financial system. It is important to take necessary remedial measures urgently to remove the weaknesses that have been notic
એપ્રિલ 16, 2001
Foreign Exchange Management Act, 1999
A.P. ( DIR Series ) Circular No.28 (March 30, 2001)
A.P. ( DIR Series ) Circular No.28 (March 30, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. ( DIR Series ) Circular No.28March 30, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs,Foreign Exchange Management Act, 1999Authorised dealers are aware that the Reserve Bank has, by notifications, made certain Regulations to carry out the provisions of Foreign Exchange Management Act, 1999 (42 of 1999). The regulations notified i.e. Notifications FEMA Nos.1 to 25, were circula
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. ( DIR Series ) Circular No.28March 30, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs,Foreign Exchange Management Act, 1999Authorised dealers are aware that the Reserve Bank has, by notifications, made certain Regulations to carry out the provisions of Foreign Exchange Management Act, 1999 (42 of 1999). The regulations notified i.e. Notifications FEMA Nos.1 to 25, were circula
એપ્રિલ 12, 2001
Sale of Gold/Silver/Platinum
(Circular No.IBS. 2013/23.67.001/2000-01 dated April 4, 2001)
(Circular No.IBS. 2013/23.67.001/2000-01 dated April 4, 2001)
IBS. 2013/23.67.001/2000-01April 4, 2001All the Banks Authorised to ImportGold/Silver/PlatinumDear Sir,Sale of Gold/Silver/PlatinumRecently it has come to the notice of RBI that some banks had to face difficulties in realization of Pay Orders in the conduct of bullion business. While the banks are required to ensure normal banking prudence in respect of all financial instruments, in the context of trading in bullion (gold, silver and platinum) they are advised to rele
IBS. 2013/23.67.001/2000-01April 4, 2001All the Banks Authorised to ImportGold/Silver/PlatinumDear Sir,Sale of Gold/Silver/PlatinumRecently it has come to the notice of RBI that some banks had to face difficulties in realization of Pay Orders in the conduct of bullion business. While the banks are required to ensure normal banking prudence in respect of all financial instruments, in the context of trading in bullion (gold, silver and platinum) they are advised to rele
એપ્રિલ 12, 2001
Guidelines for recovery of dues relating to
non-performing assets (NPAs) of public sector banks
(BP.BC.100 /21.01.040/2000-01 Dated April 10, 2001)
non-performing assets (NPAs) of public sector banks
(BP.BC.100 /21.01.040/2000-01 Dated April 10, 2001)
BP.BC.100 /21.01.040/2000-01 April 10, 2001 The CMDs of all Public Sector Banks Dear Sir, Guidelines for recovery of dues relating to non-performing assets (NPAs) of public sector banks Please refer to our Circular DBOD.No.BP.BC.11/21.01.040/99-00 dated July 27, 2000 setting out guidelines for a simplified, non-discriminatory and non-discretionary mechanism for settlement of dues relating to NPAs with outstanding upto Rs.5 crore of public sector banks. In terms of par
BP.BC.100 /21.01.040/2000-01 April 10, 2001 The CMDs of all Public Sector Banks Dear Sir, Guidelines for recovery of dues relating to non-performing assets (NPAs) of public sector banks Please refer to our Circular DBOD.No.BP.BC.11/21.01.040/99-00 dated July 27, 2000 setting out guidelines for a simplified, non-discriminatory and non-discretionary mechanism for settlement of dues relating to NPAs with outstanding upto Rs.5 crore of public sector banks. In terms of par
એપ્રિલ 11, 2001
Foreign Exchange Management Act, 1999
- Current Account Transactions
AP (DIR Series) Circular No.29 (March 31, 2001)
- Current Account Transactions
AP (DIR Series) Circular No.29 (March 31, 2001)
RESERVE BANK OF INDIACENTRAL OFFICEEXCHANGE CONTROL DEPARTMENTMUMBAI-400 001 AP (DIR Series) Circular No.29March 31, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Foreign Exchange Management Act, 1999- Current Account Transactions Attention of authorised dealers is invited to the Government of India Notification No.GSR.381(E) dated 3rd May 2000 notifying the Foreign Exchange Management (Current Account Transactions) Rules, 2000 in terms of which drawa
RESERVE BANK OF INDIACENTRAL OFFICEEXCHANGE CONTROL DEPARTMENTMUMBAI-400 001 AP (DIR Series) Circular No.29March 31, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Foreign Exchange Management Act, 1999- Current Account Transactions Attention of authorised dealers is invited to the Government of India Notification No.GSR.381(E) dated 3rd May 2000 notifying the Foreign Exchange Management (Current Account Transactions) Rules, 2000 in terms of which drawa
એપ્રિલ 11, 2001
Write off of unrealised export bills
Simplification of procedure
A.P.(DIR Series ) Circular No. 30 (April 4 , 2001)
Simplification of procedure
A.P.(DIR Series ) Circular No. 30 (April 4 , 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001.A.P.(DIR Series ) Circular No. 30 April 4 , 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs,"Write off" of unrealised export bills –Simplification of procedureAttention of authorised dealers is invited to paragraph C.18 of AP(DIR Series) Circular No.12 dated September 9, 2000 in terms of which they have been permitted to allow `write off’ of unrealised export dues, under certain con
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001.A.P.(DIR Series ) Circular No. 30 April 4 , 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs,"Write off" of unrealised export bills –Simplification of procedureAttention of authorised dealers is invited to paragraph C.18 of AP(DIR Series) Circular No.12 dated September 9, 2000 in terms of which they have been permitted to allow `write off’ of unrealised export dues, under certain con
માર્ચ 31, 2001
Amendments to NBFC Regulations-Ceiling on rate of interest
DNBS (PD) CC.No.14/02.01/2000-01March 31, 2001To All Non-Banking Financial Companies including Chit Fund and Nidhi Companies Dear Sirs,Amendments to NBFC Regulations-Ceiling on rate of interestIt has been decided that, keeping in view the prevailing interest rates in the entire financial system, the interest rates on deposits of NBFCs should be reduced by two percentage points, from the present level of 16 percent per annum to 14 per cent per annum, with immediate eff
DNBS (PD) CC.No.14/02.01/2000-01March 31, 2001To All Non-Banking Financial Companies including Chit Fund and Nidhi Companies Dear Sirs,Amendments to NBFC Regulations-Ceiling on rate of interestIt has been decided that, keeping in view the prevailing interest rates in the entire financial system, the interest rates on deposits of NBFCs should be reduced by two percentage points, from the present level of 16 percent per annum to 14 per cent per annum, with immediate eff
માર્ચ 31, 2001
Section 42 of Reserve Bank of India Act, 1934 - Cash Reserve Ratio (CRR) -Maintenance of minimum level of 65 per cent on a daily basis.
DBOD BC No. 99/ 12.01.001 /2000-0131.03.2001All Scheduled Commercial Banks(Excluding Regional Rural Banks)Dear Sir,Section 42 of Reserve Bank of India Act, 1934 - Cash Reserve Ratio (CRR)-Maintenance of minimum level of 65 per cent on a daily basis.As per the extant instructions vide para 2 of DBOD. No.BP.BC.169/21.01.002/2000 dated May 03, 2000 banks are required to maintain a minimum level of 65 per cent of the CRR on each of the days of the reporting fortnight begi
DBOD BC No. 99/ 12.01.001 /2000-0131.03.2001All Scheduled Commercial Banks(Excluding Regional Rural Banks)Dear Sir,Section 42 of Reserve Bank of India Act, 1934 - Cash Reserve Ratio (CRR)-Maintenance of minimum level of 65 per cent on a daily basis.As per the extant instructions vide para 2 of DBOD. No.BP.BC.169/21.01.002/2000 dated May 03, 2000 banks are required to maintain a minimum level of 65 per cent of the CRR on each of the days of the reporting fortnight begi
માર્ચ 31, 2001
Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2001
THE GAZETTE OF INDIAEXTRAORDINARYPART II – Section 3 – Sub-section (ii)PUBLISHED BY AUTHORITY[No.215]FRIDAY, MARCH 30, 2001MINISTRY OF FINANCE(Department of Economic Affairs)NOTIFICATIONNew Delhi, the 30th March, 2001S.O. 301(E) – In exercise of the powers conferred by section 5 and sub-section (1) and Clause (a) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in consultation with the Reserve Bank, the Central Government
THE GAZETTE OF INDIAEXTRAORDINARYPART II – Section 3 – Sub-section (ii)PUBLISHED BY AUTHORITY[No.215]FRIDAY, MARCH 30, 2001MINISTRY OF FINANCE(Department of Economic Affairs)NOTIFICATIONNew Delhi, the 30th March, 2001S.O. 301(E) – In exercise of the powers conferred by section 5 and sub-section (1) and Clause (a) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in consultation with the Reserve Bank, the Central Government
માર્ચ 30, 2001
Treatment of Restructured Accounts
DBOD.No.BP.BC.98/ 21.04.048/ 2000-01March 30, 2001All Commercial Banks(excluding RRBs and LABS)Dear Sir,Treatment of Restructured AccountsPlease refer to paragraph 3 of our circular DBOD.No.BP.BC.82/21.04.048/2000-01 dated February 26, 2001 advising banks that the instructions relating to the regulatory treatment of restructured accounts would be conveyed shortly. The matter has since been examined and we advise as under.2. In terms of our circular DBOD.No.BP.BC.129/2
DBOD.No.BP.BC.98/ 21.04.048/ 2000-01March 30, 2001All Commercial Banks(excluding RRBs and LABS)Dear Sir,Treatment of Restructured AccountsPlease refer to paragraph 3 of our circular DBOD.No.BP.BC.82/21.04.048/2000-01 dated February 26, 2001 advising banks that the instructions relating to the regulatory treatment of restructured accounts would be conveyed shortly. The matter has since been examined and we advise as under.2. In terms of our circular DBOD.No.BP.BC.129/2
માર્ચ 30, 2001
Prompt Corrective Action (PCA)
30th March 2001DBS.CO.PPD/349 /11.01.039 /2000-2001All Scheduled Commercial Banks (excluding RRBs) Dear Sirs,Prompt Corrective Action (PCA)A system of Prompt Corrective Action (PCA), based on pre-determined rule-based structured early intervention, is proposed to be put in place as part of our constant efforts to enhance the existing supervisory framework. The "Core Principles for Effective Banking Supervision" drawn up by the Basel Committee in 1997, which were in th
30th March 2001DBS.CO.PPD/349 /11.01.039 /2000-2001All Scheduled Commercial Banks (excluding RRBs) Dear Sirs,Prompt Corrective Action (PCA)A system of Prompt Corrective Action (PCA), based on pre-determined rule-based structured early intervention, is proposed to be put in place as part of our constant efforts to enhance the existing supervisory framework. The "Core Principles for Effective Banking Supervision" drawn up by the Basel Committee in 1997, which were in th
માર્ચ 29, 2001
Receipt of Foreign Contributions by
Associations/Organisations in India
under Foreign Contribution (Regulation) Act, 1976
Associations/Organisations in India
under Foreign Contribution (Regulation) Act, 1976
DBOD.No.BP.BC. 92 /21.01.023/2000-1 March 22 , 2001 All Commercial Banks (Excluding RRBs) Receipt of Foreign Contributions by Associations/Organisations in India under Foreign Contribution (Regulation) Act, 1976 Please refer to our circular DBOD.No.BP.BC.74/21.01.023/2000-01 dated February 1, 2001, advising banks the exemption granted by Government of India, Ministry of Home Affairs, with immediate effect and upto 31st March 2001 to all associations/organisations (oth
DBOD.No.BP.BC. 92 /21.01.023/2000-1 March 22 , 2001 All Commercial Banks (Excluding RRBs) Receipt of Foreign Contributions by Associations/Organisations in India under Foreign Contribution (Regulation) Act, 1976 Please refer to our circular DBOD.No.BP.BC.74/21.01.023/2000-01 dated February 1, 2001, advising banks the exemption granted by Government of India, Ministry of Home Affairs, with immediate effect and upto 31st March 2001 to all associations/organisations (oth
માર્ચ 29, 2001
Annexing of Balance Sheet, Profit & Loss Account, Auditors Report and Directors Report in respect of Subsidiaries to Parent Banks Balance Sheet
DBOD No. BP.BC 96 /21.04.018/00-0128 March 2001All Public Sector BanksDear Sir,Annexing of Balance Sheet, Profit & Loss Account, Auditors Report and Directors Report in respect of Subsidiaries to Parent Banks Balance SheetPlease refer to paragraph 3 of our circular DBOD No.BP.BC.31/21.04.048/00-01 dated October 10, 2000 wherein it was advised that beginning from the year ending March 2001, public sector banks should also annex the balance sheet, profit and loss
DBOD No. BP.BC 96 /21.04.018/00-0128 March 2001All Public Sector BanksDear Sir,Annexing of Balance Sheet, Profit & Loss Account, Auditors Report and Directors Report in respect of Subsidiaries to Parent Banks Balance SheetPlease refer to paragraph 3 of our circular DBOD No.BP.BC.31/21.04.048/00-01 dated October 10, 2000 wherein it was advised that beginning from the year ending March 2001, public sector banks should also annex the balance sheet, profit and loss
માર્ચ 29, 2001
Voluntary Retirement Scheme (VRS) Expenditure
Accounting and Prudential Regulatory Treatment
Accounting and Prudential Regulatory Treatment
DBOD.BP. BC. 90 /21.04.018/2000-01March 22, 2001All Public Sector BanksDear Sir,Voluntary Retirement Scheme (VRS) Expenditure Accounting and Prudential Regulatory TreatmentPlease refer to our instructions issued earlier vide Circulars DBOD.No.BP.BC.73 and 87/21.04.018/2000-01 dated January 30, 2001 and March 7, 2001 respectively. It is observed from some references received on the subject that the banks are not in a position to complete the process of acceptance of V
DBOD.BP. BC. 90 /21.04.018/2000-01March 22, 2001All Public Sector BanksDear Sir,Voluntary Retirement Scheme (VRS) Expenditure Accounting and Prudential Regulatory TreatmentPlease refer to our instructions issued earlier vide Circulars DBOD.No.BP.BC.73 and 87/21.04.018/2000-01 dated January 30, 2001 and March 7, 2001 respectively. It is observed from some references received on the subject that the banks are not in a position to complete the process of acceptance of V
માર્ચ 29, 2001
Risk Weight on deposits placed with SIDBI/NABARD
in lieu of shortfall in lending to priority sector
in lieu of shortfall in lending to priority sector
BP.BC. 91 /21.01.002/2000March 22, 2001All Commercial Banks(excluding Regional Rural Banks)Dear Sir,Risk Weight on deposits placed with SIDBI/NABARD in lieu of shortfall in lending to priority sectorAs you are aware, scheduled commercial banks (other than foreign banks operating in India), are required to make good the shortfall in the lending sub-target to agriculture sector by depositing an amount equivalent to the shortfall with RIDF, set up in NABARD, subject to m
BP.BC. 91 /21.01.002/2000March 22, 2001All Commercial Banks(excluding Regional Rural Banks)Dear Sir,Risk Weight on deposits placed with SIDBI/NABARD in lieu of shortfall in lending to priority sectorAs you are aware, scheduled commercial banks (other than foreign banks operating in India), are required to make good the shortfall in the lending sub-target to agriculture sector by depositing an amount equivalent to the shortfall with RIDF, set up in NABARD, subject to m
માર્ચ 28, 2001
Treatment of restructured accounts
Ref DBS.FID No. C-19 /01.02.00/2000-01March 28 , 2001To All-India Term Lending and Refinancing InstitutionsDear Sir,Treatment of restructured accountsPlease refer to paragraph 3 of our circular letter DBS.FID. No. C-16/ 01.02.00/ 2000-01 dated 7 February 2001 advising that the instructions relating to the regulatory treatment of restructured accounts would be conveyed shortly. The matter has since been examined and we advise as under.2. In terms of our circular FIC No
Ref DBS.FID No. C-19 /01.02.00/2000-01March 28 , 2001To All-India Term Lending and Refinancing InstitutionsDear Sir,Treatment of restructured accountsPlease refer to paragraph 3 of our circular letter DBS.FID. No. C-16/ 01.02.00/ 2000-01 dated 7 February 2001 advising that the instructions relating to the regulatory treatment of restructured accounts would be conveyed shortly. The matter has since been examined and we advise as under.2. In terms of our circular FIC No
માર્ચ 23, 2001
Disclosures in the published annual reports
Ref DBS.FID No. C-18 /01.02.00/2000-01March 23 , 2001All-India Term Lending and Refinancing InstitutionsDear Sirs,Disclosures in the published annual reportsIt has been observed that, at present, there is considerable divergence among the financial institutions in the nature and manner of disclosures made by them in their published annual reports. It is, however, considered desirable to bring about uniformity in the disclosure practices adopted by the financial instit
Ref DBS.FID No. C-18 /01.02.00/2000-01March 23 , 2001All-India Term Lending and Refinancing InstitutionsDear Sirs,Disclosures in the published annual reportsIt has been observed that, at present, there is considerable divergence among the financial institutions in the nature and manner of disclosures made by them in their published annual reports. It is, however, considered desirable to bring about uniformity in the disclosure practices adopted by the financial instit
માર્ચ 12, 2001
Interest Rate Surcharge on Import Finance
Ref DBS.FID No. C.13 / 01.02.00 /2000-01January 13, 2001The Chairmen / Chief Executives of All India Term Lending and Refinance Institutions Dear Sir,Interest Rate Surcharge on Import FinancePlease refer to our circulars DBS.FID. No. 18 / 01.02.00 /1999-2000 dated 25 May 2000 and No.11/ 01.02.00 dated 28 November 2000 regarding the interest rate surcharge on import finance . On a review of the current situation, it has been decided to withdraw the interest rate surcha
Ref DBS.FID No. C.13 / 01.02.00 /2000-01January 13, 2001The Chairmen / Chief Executives of All India Term Lending and Refinance Institutions Dear Sir,Interest Rate Surcharge on Import FinancePlease refer to our circulars DBS.FID. No. 18 / 01.02.00 /1999-2000 dated 25 May 2000 and No.11/ 01.02.00 dated 28 November 2000 regarding the interest rate surcharge on import finance . On a review of the current situation, it has been decided to withdraw the interest rate surcha
માર્ચ 12, 2001
Inspection of Financial Institutions
Ref DBS.FID No. C-15 /01.02.00/ 2000-0124 January 2001All Term Lending and Refinancing InstitutionsDear Sirs,Inspection of Financial InstitutionsAs you are aware, the Reserve Bank had constituted an Informal Advisory Group under the Chairmanship of Shri Y.H.Malegam, Director, Central Board of RBI, to look into the various aspects of regulation and supervision of Financial Institutions (FIs). The Group has since submitted its Report and its recommendations have, in pri
Ref DBS.FID No. C-15 /01.02.00/ 2000-0124 January 2001All Term Lending and Refinancing InstitutionsDear Sirs,Inspection of Financial InstitutionsAs you are aware, the Reserve Bank had constituted an Informal Advisory Group under the Chairmanship of Shri Y.H.Malegam, Director, Central Board of RBI, to look into the various aspects of regulation and supervision of Financial Institutions (FIs). The Group has since submitted its Report and its recommendations have, in pri
માર્ચ 12, 2001
Interest Rate on Export Credit
DBS. FID. No. C 17/ 01.02.00 /2000-01February 10 , 2001The Chairmen / Chief Executives of All India Term Lending and Refinance Institutions Dear Sir,Interest Rate on Export CreditPlease refer to our circular DBS.FID. No. 19 / 02.01.00 /1999-2000 dated 26 May 2000 on the captioned subject. On a review of the current situation, the banks have been advised that the prescription of interest at 25 per cent per annum (minimum) in respect of overdue export bills would stand
DBS. FID. No. C 17/ 01.02.00 /2000-01February 10 , 2001The Chairmen / Chief Executives of All India Term Lending and Refinance Institutions Dear Sir,Interest Rate on Export CreditPlease refer to our circular DBS.FID. No. 19 / 02.01.00 /1999-2000 dated 26 May 2000 on the captioned subject. On a review of the current situation, the banks have been advised that the prescription of interest at 25 per cent per annum (minimum) in respect of overdue export bills would stand
માર્ચ 12, 2001
Co-ordination between banks and financial institutions
Ref DBS.FID No. C.16/01.02.00/2000-01 2 February 2001The Chairman of the Term Lending, Refinancing and Investment InstitutionsDear Sir,Co-ordination between banks and financial institutionsIn the context of transition of the banks and the all-India financial institutions (FIs) from a regulated to a deregulated regime, the issue of more effective co-ordination among the banks and the FIs has been engaging the attention of the financial institutions, banks and Reserve B
Ref DBS.FID No. C.16/01.02.00/2000-01 2 February 2001The Chairman of the Term Lending, Refinancing and Investment InstitutionsDear Sir,Co-ordination between banks and financial institutionsIn the context of transition of the banks and the all-India financial institutions (FIs) from a regulated to a deregulated regime, the issue of more effective co-ordination among the banks and the FIs has been engaging the attention of the financial institutions, banks and Reserve B
માર્ચ 09, 2001
Foreign Exchange Management Act, 1999
Export of goods and services -Forwarders Cargo Receipt
A.P.(DIR Series) Circular No.27 (March 2, 2001)
Export of goods and services -Forwarders Cargo Receipt
A.P.(DIR Series) Circular No.27 (March 2, 2001)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P.(DIR Series) Circular No.27 March 2, 2001 To All Authorised Dealers in Foreign Exchange Dear Sirs, Foreign Exchange Management Act, 1999 – Export of goods and services -Forwarder’s Cargo Receipt Attention of authorised dealers is invited to paragraph B.5 of the annexure to A.P. (DIR Series) Circular No.12 dated September 9, 2000, in terms of which they may negotiate House Airways Bills
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P.(DIR Series) Circular No.27 March 2, 2001 To All Authorised Dealers in Foreign Exchange Dear Sirs, Foreign Exchange Management Act, 1999 – Export of goods and services -Forwarder’s Cargo Receipt Attention of authorised dealers is invited to paragraph B.5 of the annexure to A.P. (DIR Series) Circular No.12 dated September 9, 2000, in terms of which they may negotiate House Airways Bills
માર્ચ 08, 2001
Normal Transit Period (NTP) for exports
to Iraq under U.N.Guidelines
to Iraq under U.N.Guidelines
IECD.No.12/04.02.02/2000-01March 7, 2001The Chairmen/Chief Executives of all commercial banksDear Sir,Normal Transit Period (NTP) for exports to Iraq under U.N.Guidelines----------------------------------------------- Please refer to our circular IECD.No.21/04.02.02/98-99 dated March 8, 1999 advising the banks to extend concessional rate of interest in respect of exports to Iraq under UN guidelines for a maximum period of 60 days. In view of the difficulties being exp
IECD.No.12/04.02.02/2000-01March 7, 2001The Chairmen/Chief Executives of all commercial banksDear Sir,Normal Transit Period (NTP) for exports to Iraq under U.N.Guidelines----------------------------------------------- Please refer to our circular IECD.No.21/04.02.02/98-99 dated March 8, 1999 advising the banks to extend concessional rate of interest in respect of exports to Iraq under UN guidelines for a maximum period of 60 days. In view of the difficulties being exp
માર્ચ 08, 2001
Co-ordination between banks and financial institutions
BP. BC. 82 /21.04.048/00-01February 26, 2001All Commercial Banks(excluding RRBs and LABs)Dear SirsCo-ordination between banks and financial institutionsIn the context of transition of the banks and the all-India financial institutions (FIs) from a regulated to a deregulated regime, the issue of more effective co-ordination among the banks and the FIs has been engaging the attention of the financial institutions, banks and Reserve Bank for sometime past, particularly i
BP. BC. 82 /21.04.048/00-01February 26, 2001All Commercial Banks(excluding RRBs and LABs)Dear SirsCo-ordination between banks and financial institutionsIn the context of transition of the banks and the all-India financial institutions (FIs) from a regulated to a deregulated regime, the issue of more effective co-ordination among the banks and the FIs has been engaging the attention of the financial institutions, banks and Reserve Bank for sometime past, particularly i
માર્ચ 08, 2001
Loans and advances to staff assignment of
risk weight and treatment in the balance sheet
risk weight and treatment in the balance sheet
DBOD.No. BP.BC.83/21.01.002/2000 / 2001February 28, 2001To All Scheduled Commercial Banks(excluding RRBs and LABs)Dear Sir,Loans and advances to staff assignment of risk weight and treatment in the balance sheet Please refer to our Circular DBOD.No.BP.BC.15/21.01.002/2000 dated August 7, 2000 on the captioned subject. On reconsideration of the matter on the basis of representations received from the banks/IBA, it has been decided as under :a) Risk weight on Staff Ad
DBOD.No. BP.BC.83/21.01.002/2000 / 2001February 28, 2001To All Scheduled Commercial Banks(excluding RRBs and LABs)Dear Sir,Loans and advances to staff assignment of risk weight and treatment in the balance sheet Please refer to our Circular DBOD.No.BP.BC.15/21.01.002/2000 dated August 7, 2000 on the captioned subject. On reconsideration of the matter on the basis of representations received from the banks/IBA, it has been decided as under :a) Risk weight on Staff Ad
માર્ચ 08, 2001
Voluntary Retirement Scheme (VRS) Expenditure -
Accounting and Prudential Regulatory Treatment
Accounting and Prudential Regulatory Treatment
BP.BC. 87 /21.04.018/2000-01March 7, 2001All Public Sector BanksDear Sir,Voluntary Retirement Scheme (VRS) Expenditure - Accounting and Prudential Regulatory Treatment--------------------------------------------------------------------Please refer to our circular DBOD. No. BP. BC. 73/21.04.018/2000-01 dated January 30, 2001 on the captioned subject. We have been approached for certain clarifications on the accounting issues in respect of VRS related expenditure. Our c
BP.BC. 87 /21.04.018/2000-01March 7, 2001All Public Sector BanksDear Sir,Voluntary Retirement Scheme (VRS) Expenditure - Accounting and Prudential Regulatory Treatment--------------------------------------------------------------------Please refer to our circular DBOD. No. BP. BC. 73/21.04.018/2000-01 dated January 30, 2001 on the captioned subject. We have been approached for certain clarifications on the accounting issues in respect of VRS related expenditure. Our c
માર્ચ 02, 2001
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2001
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001 Notification No. FEMA. 41 /2001-RB dated March 2, 2001 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (T
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001 Notification No. FEMA. 41 /2001-RB dated March 2, 2001 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (T
માર્ચ 02, 2001
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2001
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAINotification No. FEMA.40 /2001-RB.Dated: March 2, 2001Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2001 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No. FEMA 19/RB-2000 dated May 3, 2000, the R
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAINotification No. FEMA.40 /2001-RB.Dated: March 2, 2001Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2001 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No. FEMA 19/RB-2000 dated May 3, 2000, the R
ફેબ્રુ 27, 2001
Export of Goods and Services
Export of Goods and Services RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 36 /2001-RB. Dated February 27, 2001 In exercise of the powers conferred by clause (a) of sub-section (1) and sub-section (3) of Section, 7, sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 23/2000-RB dated 3rd May 2000, Reserve Bank of India
Export of Goods and Services RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 36 /2001-RB. Dated February 27, 2001 In exercise of the powers conferred by clause (a) of sub-section (1) and sub-section (3) of Section, 7, sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 23/2000-RB dated 3rd May 2000, Reserve Bank of India
ફેબ્રુ 27, 2001
Payment to Non-whole time Non-Resident Directors
Payment to Non-whole time Non-Resident Directors Reserve Bank of India (Exchange Control Department) Central Office Mumbai – 400 001 Notification No.FEMA.38/2001-RB Dated February 27, 2001 In exercise of the powers conferred by clause (g) of sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA 6/RB-2000 dated 3rd May 2000, the Reserve Bank of Ind
Payment to Non-whole time Non-Resident Directors Reserve Bank of India (Exchange Control Department) Central Office Mumbai – 400 001 Notification No.FEMA.38/2001-RB Dated February 27, 2001 In exercise of the powers conferred by clause (g) of sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA 6/RB-2000 dated 3rd May 2000, the Reserve Bank of Ind
ફેબ્રુ 27, 2001
Receipt from, and payment to, a person resident outside India
Receipt from, and payment to, a person resident outside India RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA/ 39 /2001-RB Dated February 27, 2001 Receipt from, and payment to, a person resident outside India In pursuance of the provisions of Section 3 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No.FEMA/16/RB-2000 dated 3rd May 2000 (hereinafter refer
Receipt from, and payment to, a person resident outside India RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA/ 39 /2001-RB Dated February 27, 2001 Receipt from, and payment to, a person resident outside India In pursuance of the provisions of Section 3 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No.FEMA/16/RB-2000 dated 3rd May 2000 (hereinafter refer
ફેબ્રુ 27, 2001
EEFC Account of Units in SEZs
EEFC Account of Units in SEZs RESERVE BANK OF INDIA ( EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA 37/2001-RB dated February 27 , 2001 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 10/2000-RB dated 3rd May 2000, Reserve Bank of India makes the following ame
EEFC Account of Units in SEZs RESERVE BANK OF INDIA ( EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA 37/2001-RB dated February 27 , 2001 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 10/2000-RB dated 3rd May 2000, Reserve Bank of India makes the following ame
ફેબ્રુ 22, 2001
Repayment of 12.70 per cent Govt. Stock 2001
on 27th February 2001
on 27th February 2001
No. CO.DT. 13.04.111/ 3751 /2000-2001February 2 , 2001.Magha 13 , 1922 (S)DGBA Circular No. 100Repayment Circular No. 7/2000-011) The Treasury OfficersAll Treasury Offices in India(Except in the State of Jammu & Kashmirand Sikkim)2) The Regional Director,Reserve Bank of India,Public Debt Office,Ahmedabad/Bangalore/Bhubaneswar/Calcutta/Chennai/Fort, Mumbai-1/Guwahati/Hyderabad/Jaipur/Kanpur/Nagpur/New Delhi/Patna/Thiruvananthapuram.3) The Chief Managers of the bran
No. CO.DT. 13.04.111/ 3751 /2000-2001February 2 , 2001.Magha 13 , 1922 (S)DGBA Circular No. 100Repayment Circular No. 7/2000-011) The Treasury OfficersAll Treasury Offices in India(Except in the State of Jammu & Kashmirand Sikkim)2) The Regional Director,Reserve Bank of India,Public Debt Office,Ahmedabad/Bangalore/Bhubaneswar/Calcutta/Chennai/Fort, Mumbai-1/Guwahati/Hyderabad/Jaipur/Kanpur/Nagpur/New Delhi/Patna/Thiruvananthapuram.3) The Chief Managers of the bran
ફેબ્રુ 22, 2001
Notification No.FEMA.35/2001-RB dated 16th February 2001
Reserve Bank of India(Exchange Control Department)Central OfficeMumbai-400 001Notification No.FEMA.35/2001-RB dated 16th February 2001In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Tran
Reserve Bank of India(Exchange Control Department)Central OfficeMumbai-400 001Notification No.FEMA.35/2001-RB dated 16th February 2001In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Tran
ફેબ્રુ 22, 2001
Foreign Exchange Management Act, 1999-
Investment by FIIs/NRIs/OCBs/Foreign Venture Capital
Investors in companies engaged in the Print Media Sector
A.P. (DIR Series) Circular No.26 (February 22, 2001)
Investment by FIIs/NRIs/OCBs/Foreign Venture Capital
Investors in companies engaged in the Print Media Sector
A.P. (DIR Series) Circular No.26 (February 22, 2001)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P.(DIR Series) Circular No.26 February 22, 2001 To All Authorised Dealers in Foreign Exchange Dear Sirs, Foreign Exchange Management Act, 1999- Investment by FIIs/NRIs/OCBs/Foreign Venture Capital Investors in companies engaged in the Print Media Sector Attention of authorised dealers is invited to "Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside I
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P.(DIR Series) Circular No.26 February 22, 2001 To All Authorised Dealers in Foreign Exchange Dear Sirs, Foreign Exchange Management Act, 1999- Investment by FIIs/NRIs/OCBs/Foreign Venture Capital Investors in companies engaged in the Print Media Sector Attention of authorised dealers is invited to "Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside I
ફેબ્રુ 21, 2001
Lending to Priority Sector
Master CircularSection 1 Classification of Priority Sector AdvancesSection 2 Certain Types Of Funds Deployment Eligible As Priority Sector AdvancesSection 3 : Targets For Priority Sector Lending By Scheduled Commercial Banks (Excluding RRBs)Section 4 Common Guidelines for Priority Sector AdvancesAnnexure IAnnexure IIAnnexure IIIAppendix@@NBSP@@RPCD. No. Plan. BC. 56 / 04.09.01/ 2000-200114 February 2001All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Master Cir
Master CircularSection 1 Classification of Priority Sector AdvancesSection 2 Certain Types Of Funds Deployment Eligible As Priority Sector AdvancesSection 3 : Targets For Priority Sector Lending By Scheduled Commercial Banks (Excluding RRBs)Section 4 Common Guidelines for Priority Sector AdvancesAnnexure IAnnexure IIAnnexure IIIAppendix@@NBSP@@RPCD. No. Plan. BC. 56 / 04.09.01/ 2000-200114 February 2001All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Master Cir
ફેબ્રુ 20, 2001
ACU Funding of Nostro Account on
Tom basis in addition to Spot basis
A.P. (DIR Series) Circular No.25 (February 17, 2001)
Tom basis in addition to Spot basis
A.P. (DIR Series) Circular No.25 (February 17, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No.25February 17, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs,ACU Funding of Nostro Account onTom basis in addition to Spot basis In terms of Paragraph 12(ii) of Memorandum ACM, requests from authorised dealers for funding of their ACU dollar accounts with commercial banks in participating countries on Spot basis are required to be made in form
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No.25February 17, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs,ACU Funding of Nostro Account onTom basis in addition to Spot basis In terms of Paragraph 12(ii) of Memorandum ACM, requests from authorised dealers for funding of their ACU dollar accounts with commercial banks in participating countries on Spot basis are required to be made in form
ફેબ્રુ 17, 2001
Reduction in Cash Reserve Ratio
Section 42(1) of the Reserve Bank of India Act,1934
Section 42(1) of the Reserve Bank of India Act,1934
RESERVE BANK OF INDIACENTRAL OFFICEDepartment of Banking Operations & DevelopmentWORLD TRADE CENTRE - I, CUFFE PARADE, COLABAMUMBAI - 400 005.DBOD No.BC . 77 /12.01.001/2000-01February 16, 2001Magha 27, 1922NOTIFICATIONIn exercise of the powers conferred by the proviso to Sub- section (1) of Section 42 of the Reserve Bank of India Act, 1934 (2 of 1934) and in supersession of its Notification DBOD No.BC 07/12.01.001/2000-01 dated July 21, 2000 the Reserve Bank of I
RESERVE BANK OF INDIACENTRAL OFFICEDepartment of Banking Operations & DevelopmentWORLD TRADE CENTRE - I, CUFFE PARADE, COLABAMUMBAI - 400 005.DBOD No.BC . 77 /12.01.001/2000-01February 16, 2001Magha 27, 1922NOTIFICATIONIn exercise of the powers conferred by the proviso to Sub- section (1) of Section 42 of the Reserve Bank of India Act, 1934 (2 of 1934) and in supersession of its Notification DBOD No.BC 07/12.01.001/2000-01 dated July 21, 2000 the Reserve Bank of I
ફેબ્રુ 16, 2001
Transfer or Issue of Security by a Person Resident outside India
Transfer or Issue of Security by a Person Resident outside India EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI – 400 001 Notification No. FEMA 35 /2001-RB. dated 16 February 2001 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA 20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following a
Transfer or Issue of Security by a Person Resident outside India EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI – 400 001 Notification No. FEMA 35 /2001-RB. dated 16 February 2001 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA 20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following a
ફેબ્રુ 06, 2001
Reliefs/concessions for exporters
affected by the earthquake
affected by the earthquake
IECD.No.11/ 04.02.02/2000-01 February 6, 2001The Chairmen/Chief Executives of all commercial banksDear Sirs,Reliefs/concessions for exportersaffected by the earthquake----------------------------------------- As you are aware, the earthquake that struck the nation on January 26, 2001 has affected the export activity of many of the exporters. To provide relief to the affected exporters, it has been decided to extend the following concessions:(i) Extension of pre-shipme
IECD.No.11/ 04.02.02/2000-01 February 6, 2001The Chairmen/Chief Executives of all commercial banksDear Sirs,Reliefs/concessions for exportersaffected by the earthquake----------------------------------------- As you are aware, the earthquake that struck the nation on January 26, 2001 has affected the export activity of many of the exporters. To provide relief to the affected exporters, it has been decided to extend the following concessions:(i) Extension of pre-shipme
ફેબ્રુ 02, 2001
Voluntary Retirement Scheme (VRS) Expenditure -
Accounting and Prudential Regulatory Treatment
Accounting and Prudential Regulatory Treatment
BP.BC. 73 /21.04.018/2000-01January 30, 2001All Public Sector BanksDear Sir,Voluntary Retirement Scheme (VRS) Expenditure - Accounting and Prudential Regulatory Treatment--------------------------------------------------------------------Consequent on introduction of VRS, public sector banks and IBA have approached us for issuing guidelines on the accounting treatment in respect of VRS related expenditure such as ex-gratia payment and other termination benefits. We ha
BP.BC. 73 /21.04.018/2000-01January 30, 2001All Public Sector BanksDear Sir,Voluntary Retirement Scheme (VRS) Expenditure - Accounting and Prudential Regulatory Treatment--------------------------------------------------------------------Consequent on introduction of VRS, public sector banks and IBA have approached us for issuing guidelines on the accounting treatment in respect of VRS related expenditure such as ex-gratia payment and other termination benefits. We ha
જાન્યુ 25, 2001
Strengthening of credit delivery to women
particularly in Tiny and SSI sector
particularly in Tiny and SSI sector
RPCD.PLNFS.BC.No.40/06.02.79/2000-01December 12, 2000All public sector banksDear SirStrengthening of credit delivery to womenparticularly in Tiny and SSI sectorThe need for strengthening credit delivery to women particularly in the Tiny and SSI sector has been engaging the attention of the Government for quite some time. The matter was examined in detail by the Committee of Secretaries [COS]. Consequent to that, the Ministry of Finance, Banking Division has prepared a
RPCD.PLNFS.BC.No.40/06.02.79/2000-01December 12, 2000All public sector banksDear SirStrengthening of credit delivery to womenparticularly in Tiny and SSI sectorThe need for strengthening credit delivery to women particularly in the Tiny and SSI sector has been engaging the attention of the Government for quite some time. The matter was examined in detail by the Committee of Secretaries [COS]. Consequent to that, the Ministry of Finance, Banking Division has prepared a
જાન્યુ 22, 2001
Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Amendment) Regulations, 2001
Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Amendment) Regulations, 2001 RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI Notification No. FEMA 34 /2001-RB. Dated: January 22, 2001 Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Amendment) Regulations, 2001 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section
Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Amendment) Regulations, 2001 RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI Notification No. FEMA 34 /2001-RB. Dated: January 22, 2001 Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Amendment) Regulations, 2001 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section
જાન્યુ 20, 2001
Safeguards for opening of and granting loans
against non-resident deposits
against non-resident deposits
DBOD No. Dir.BC 71/13.03.00/2000-01January 17, 2001Pausha 27, 1922(S)The Chairmen & Managing Directors ofAll Commercial BanksDear Sirs,Safeguards for opening of and granting loansagainst non-resident depositsPlease refer to our Circular DBOD No. Dir.BC. 66/13.03.00/2000 dated 8 January 2001, advising banks to observe certain safeguards in respect of non-resident accounts in order to avoid instances of malpractices/frauds in these accounts.2. It has now been decide
DBOD No. Dir.BC 71/13.03.00/2000-01January 17, 2001Pausha 27, 1922(S)The Chairmen & Managing Directors ofAll Commercial BanksDear Sirs,Safeguards for opening of and granting loansagainst non-resident depositsPlease refer to our Circular DBOD No. Dir.BC. 66/13.03.00/2000 dated 8 January 2001, advising banks to observe certain safeguards in respect of non-resident accounts in order to avoid instances of malpractices/frauds in these accounts.2. It has now been decide
જાન્યુ 10, 2001
Citizen's Charter on Exchange Facilities
Department of Currency ManagementShaheed Bhagat Singh RoadMumbai 400 001Fax: 266 2442Telephone : 266 1602Citizen's Charter on Exchange FacilitiesYou canExchange your notes and coins in the denominations of your choice subject to limits indicated at the public exchange counters.Exchange your soiled notes at the specified counters subject to the limit indicated per tender.Either get your torn/cut/mutilated currency notes exchanged across the counter subject to the provi
Department of Currency ManagementShaheed Bhagat Singh RoadMumbai 400 001Fax: 266 2442Telephone : 266 1602Citizen's Charter on Exchange FacilitiesYou canExchange your notes and coins in the denominations of your choice subject to limits indicated at the public exchange counters.Exchange your soiled notes at the specified counters subject to the limit indicated per tender.Either get your torn/cut/mutilated currency notes exchanged across the counter subject to the provi
જાન્યુ 10, 2001
Non - acceptance of Rs.500/- denomination notes
DCM. 300 /08.04.21/2000-2001January 5, 2001The ChairmanAll Commercial and Co-operative BanksDear Sir,Non - acceptance of Rs.500/- denomination notesIt has been brought to our notice that some bank branches are either not accepting Rs.500/- denomination notes or do so after getting their numbers, etc. listed by the tenderers.2.We would, therefore, like to draw your attention to our letter DCM.No.927/08.06.01/97-98 dated 18th June 1998 and once again clarify that all Rs
DCM. 300 /08.04.21/2000-2001January 5, 2001The ChairmanAll Commercial and Co-operative BanksDear Sir,Non - acceptance of Rs.500/- denomination notesIt has been brought to our notice that some bank branches are either not accepting Rs.500/- denomination notes or do so after getting their numbers, etc. listed by the tenderers.2.We would, therefore, like to draw your attention to our letter DCM.No.927/08.06.01/97-98 dated 18th June 1998 and once again clarify that all Rs
જાન્યુ 09, 2001
Foreign Exchange Management (Transfer or Issue of
Security by a Person Resident outside India)
(Amendment) Regulations, 2000
Security by a Person Resident outside India)
(Amendment) Regulations, 2000
Notification No. FEMA 32 /2000-RB dated 26th December 2000 Foreign Exchange Management (Transfer or Issue ofSecurity by a Person Resident outside India)(Amendment) Regulations, 2000 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its notification No. FEMA 20/2000-RB dated 3rd May, 2000, the Reserve Bank of India makes the following
Notification No. FEMA 32 /2000-RB dated 26th December 2000 Foreign Exchange Management (Transfer or Issue ofSecurity by a Person Resident outside India)(Amendment) Regulations, 2000 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its notification No. FEMA 20/2000-RB dated 3rd May, 2000, the Reserve Bank of India makes the following
જાન્યુ 09, 2001
Interest Rates on Deposits
DBOD No. Dir.BC. 62/13.03.00/2000-2001January 03, 2001Pausha 13,1922(Saka)Interest Rates on DepositsIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949 and in partial modification of its Directive DBOD.No.Dir. BC.46/13.03.00/2000-2001 dated November 4, 2000, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest so to do, hereby directs that the existing sub-clause (iii) of clause
DBOD No. Dir.BC. 62/13.03.00/2000-2001January 03, 2001Pausha 13,1922(Saka)Interest Rates on DepositsIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949 and in partial modification of its Directive DBOD.No.Dir. BC.46/13.03.00/2000-2001 dated November 4, 2000, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest so to do, hereby directs that the existing sub-clause (iii) of clause
જાન્યુ 09, 2001
Foreign Currency (Non-Resident) Accounts (Banks) Scheme
DBOD No. Dir.BC. 63/13.03.00/2000-2001January 03, 2001Pausha 13,1922(Saka)Foreign Currency (Non-Resident) Accounts (Banks) SchemeIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest so to do, hereby directs that in the Bank's directive DBOD.No.Dir.BC.48/13.03.00/2000-2001 dated November 4, 2000, the existing sub-clause (iii) o
DBOD No. Dir.BC. 63/13.03.00/2000-2001January 03, 2001Pausha 13,1922(Saka)Foreign Currency (Non-Resident) Accounts (Banks) SchemeIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest so to do, hereby directs that in the Bank's directive DBOD.No.Dir.BC.48/13.03.00/2000-2001 dated November 4, 2000, the existing sub-clause (iii) o
જાન્યુ 09, 2001
Payment of interest on the term
deposit of a deceased depositor
deposit of a deceased depositor
DBOD No.Dir.BC. 64/13.03.00/2000-2001January 03, 2001Pausha 13, 1922(Saka)All Commercial Banks(Including Regional Rural Banks/Local Area Banks)Dear SirPayment of interest on the term deposit of a deceased depositorPlease refer to the paragraph 14 of our Directive DBOD No.Dir.BC.46/13.03.00/ 2000-2001 dated November 4, 2000 and paragraph 9 of our Directive DBOD No.Dir.BC.48/13.03.00/2000-2001 dated November 4, 2000 regarding payment of interest on the deposit account o
DBOD No.Dir.BC. 64/13.03.00/2000-2001January 03, 2001Pausha 13, 1922(Saka)All Commercial Banks(Including Regional Rural Banks/Local Area Banks)Dear SirPayment of interest on the term deposit of a deceased depositorPlease refer to the paragraph 14 of our Directive DBOD No.Dir.BC.46/13.03.00/ 2000-2001 dated November 4, 2000 and paragraph 9 of our Directive DBOD No.Dir.BC.48/13.03.00/2000-2001 dated November 4, 2000 regarding payment of interest on the deposit account o
જાન્યુ 09, 2001
Safeguards for opening of and granting
loans against non-resident deposits
loans against non-resident deposits
DBOD No. Dir.BC 66/13.03.00/2000January 08, 2001Pausha 18,1922(S)All Commercial BanksDear Sirs,Safeguards for opening of and grantingloans against non-resident depositsIn order to check the instances of cases of cheating/fraud in deposit accounts of Non-Resident Indians (NRIs), banks were advised to observe safeguards while opening the deposit accounts as well as while granting loans and advances against such deposits in terms of our circulars DBOD No. Dir.BC. 8/13.01
DBOD No. Dir.BC 66/13.03.00/2000January 08, 2001Pausha 18,1922(S)All Commercial BanksDear Sirs,Safeguards for opening of and grantingloans against non-resident depositsIn order to check the instances of cases of cheating/fraud in deposit accounts of Non-Resident Indians (NRIs), banks were advised to observe safeguards while opening the deposit accounts as well as while granting loans and advances against such deposits in terms of our circulars DBOD No. Dir.BC. 8/13.01
જાન્યુ 09, 2001
Foreign Exchange Management Act, 1999 –
Investment in Indian Venture Capital Undertakings
by registered Foreign Venture Capital Investors
A.P. (DIR Series) Circular No.24 (January 6, 2001)
Investment in Indian Venture Capital Undertakings
by registered Foreign Venture Capital Investors
A.P. (DIR Series) Circular No.24 (January 6, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI – 400 001A.P. (DIR Series) Circular No.24January 6, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Foreign Exchange Management Act, 1999 –Investment in Indian Venture Capital Undertakingsby registered Foreign Venture Capital Investors Attention of authorised dealers is invited to "Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 20
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI – 400 001A.P. (DIR Series) Circular No.24January 6, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Foreign Exchange Management Act, 1999 –Investment in Indian Venture Capital Undertakingsby registered Foreign Venture Capital Investors Attention of authorised dealers is invited to "Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 20
જાન્યુ 05, 2001
Interest Rate Surcharge on Import Finance
IECD.No. 8 / 08.14.01/2000-01January 5, 2001The Chairmen/ Chief Executivesof commercial banksDear Sirs,Interest Rate Surcharge on Import Finance Please refer to our circular IECD. No.16/08.14.01/99-2000 dated May 25, 2000 regarding introduction of the levy of the interest rate surcharge on import finance. On a review of the current situation, it has been decided to withdraw the interest rate surcharge on import finance effective January 6, 2001. Accordingly, fresh dra
IECD.No. 8 / 08.14.01/2000-01January 5, 2001The Chairmen/ Chief Executivesof commercial banksDear Sirs,Interest Rate Surcharge on Import Finance Please refer to our circular IECD. No.16/08.14.01/99-2000 dated May 25, 2000 regarding introduction of the levy of the interest rate surcharge on import finance. On a review of the current situation, it has been decided to withdraw the interest rate surcharge on import finance effective January 6, 2001. Accordingly, fresh dra
જાન્યુ 05, 2001
Interest Rate on Export Credit
IECD. No. 9 /04.02.01/2000-01January 5, 2001The Chairmen/Chief Executivesof commercial banksDear Sirs,Interest Rate on Export CreditPlease refer to our circular IECD.No.15/04.02.01/99-2000 dated May 25, 2000 regarding prescription of interest rate at 25 per cent per annum (minimum) for Export Credit Not Otherwise Specified (ECNOS) at post-shipment stage applicable to overdue export bills. 2. On a review of the current situation, it has been decided that the prescripti
IECD. No. 9 /04.02.01/2000-01January 5, 2001The Chairmen/Chief Executivesof commercial banksDear Sirs,Interest Rate on Export CreditPlease refer to our circular IECD.No.15/04.02.01/99-2000 dated May 25, 2000 regarding prescription of interest rate at 25 per cent per annum (minimum) for Export Credit Not Otherwise Specified (ECNOS) at post-shipment stage applicable to overdue export bills. 2. On a review of the current situation, it has been decided that the prescripti
જાન્યુ 03, 2001
Foreign Exchange Management Act, 1999 Returns and Statements
A.P. (DIR Series) Circular No.23 (December 30, 2000)
A.P. (DIR Series) Circular No.23 (December 30, 2000)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No.23December 30, 2000ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Foreign Exchange Management Act, 1999 –Returns and Statements Attention of authorised dealers is invited to paragraph 3 of A.D.(M.A. Series) Circular No.11 dated May 16, 2000, advising them to be guided by the provisions of the Exchange Control Manual (1993 edition) regarding matters listed i
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No.23December 30, 2000ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Foreign Exchange Management Act, 1999 –Returns and Statements Attention of authorised dealers is invited to paragraph 3 of A.D.(M.A. Series) Circular No.11 dated May 16, 2000, advising them to be guided by the provisions of the Exchange Control Manual (1993 edition) regarding matters listed i
ડિસે 27, 2000
Section 42 of Reserve Bank of India Act, 1934 - Cash Reserve Ratio (CRR)- Maintenance of minimum level of 65 per cent on a daily basis.
DBOD BC No. 60 / 12.01.001 /2000-0127.12.2000All Scheduled Commercial Banks(Excluding Regional Rural Banks)Dear Sir,Section 42 of Reserve Bank of India Act, 1934 - Cash Reserve Ratio (CRR)-Maintenance of minimum level of 65 per cent on a daily basis.As per the extant instructions the banks are required to maintain a minimum level of 65.0 per cent of the CRR balances required to be maintained by banks on each of the days of the reporting fortnight beginning the first w
DBOD BC No. 60 / 12.01.001 /2000-0127.12.2000All Scheduled Commercial Banks(Excluding Regional Rural Banks)Dear Sir,Section 42 of Reserve Bank of India Act, 1934 - Cash Reserve Ratio (CRR)-Maintenance of minimum level of 65 per cent on a daily basis.As per the extant instructions the banks are required to maintain a minimum level of 65.0 per cent of the CRR balances required to be maintained by banks on each of the days of the reporting fortnight beginning the first w
ડિસે 22, 2000
Asian Clearing Union (ACU) Payment
of Interest on ACU dollar Accounts
of Interest on ACU dollar Accounts
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations & Development Centre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD No. Dir.BC. 58/13.01.09/2000December 19, 2000All Commercial BanksDear Sirs,Asian Clearing Union (ACU) Payment of Interest on ACU dollar AccountsFor the purpose of putting through the transactions under ACU mechanism, the banks in one member country are allowed to open ACU Dollar accounts with commercial banks i
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations & Development Centre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD No. Dir.BC. 58/13.01.09/2000December 19, 2000All Commercial BanksDear Sirs,Asian Clearing Union (ACU) Payment of Interest on ACU dollar AccountsFor the purpose of putting through the transactions under ACU mechanism, the banks in one member country are allowed to open ACU Dollar accounts with commercial banks i
ડિસે 22, 2000
Selective Credit Control Granting of fresh/
additional limits to borrowers dealing in sensitive
commodities Delegation of powers
additional limits to borrowers dealing in sensitive
commodities Delegation of powers
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations & Development Centre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD.No.Dir.BC. 52/13.08.01/ 00-01November 23, 2000All Commercial Banks(Including Regional Rural Banks andLocal Area Banks)Dear Sir,Selective Credit Control Granting of fresh/additional limits to borrowers dealing in sensitivecommodities Delegation of powersPlease refer to our circular DBOD.NO. Dir.BC.32/13.08.01
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations & Development Centre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD.No.Dir.BC. 52/13.08.01/ 00-01November 23, 2000All Commercial Banks(Including Regional Rural Banks andLocal Area Banks)Dear Sir,Selective Credit Control Granting of fresh/additional limits to borrowers dealing in sensitivecommodities Delegation of powersPlease refer to our circular DBOD.NO. Dir.BC.32/13.08.01
ડિસે 22, 2000
Selective Credit Controls on advances
against Sugar Minimum Margins on
levy/free sale/buffer stock of sugar
against Sugar Minimum Margins on
levy/free sale/buffer stock of sugar
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations & Development Centre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD DIR.No. 53/13.08.01/2000-2001November 27, 2000All Regional Rural Banks (RRBs)and Local Area Banks (LABs)Dear Sirs,Selective Credit Controls on advancesagainst Sugar Minimum Margins onlevy/free sale/buffer stock of sugarPlease refer to our circular DBOD No. DIR BC 126/13.08.01/97 dated October 21, 1997, in term
Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations & Development Centre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005DBOD DIR.No. 53/13.08.01/2000-2001November 27, 2000All Regional Rural Banks (RRBs)and Local Area Banks (LABs)Dear Sirs,Selective Credit Controls on advancesagainst Sugar Minimum Margins onlevy/free sale/buffer stock of sugarPlease refer to our circular DBOD No. DIR BC 126/13.08.01/97 dated October 21, 1997, in term
ડિસે 12, 2000
Monetary and Credit Policy Measures Prudential Norms on Income Recognition, Asset Classification, Provisioning, etc.
Ref DBS.FID No.C. 7 /01.03.00/2000-2001October 11, 2000The Chairmen / Chief Executive OfficersAll India Term Lending & Refinancing InstitutionsDear Sir,Monetary and Credit Policy Measures Prudential Norms on Income Recognition, Asset Classification, Provisioning, etc.Please refer to the "Mid Term Review of Monetary and Credit Policy" for the year 2000-2001 forwarded to you vide our Circular Letter DBS.FID.No.H6/02.01.00/2000-2001 dated October 10, 2000. The guid
Ref DBS.FID No.C. 7 /01.03.00/2000-2001October 11, 2000The Chairmen / Chief Executive OfficersAll India Term Lending & Refinancing InstitutionsDear Sir,Monetary and Credit Policy Measures Prudential Norms on Income Recognition, Asset Classification, Provisioning, etc.Please refer to the "Mid Term Review of Monetary and Credit Policy" for the year 2000-2001 forwarded to you vide our Circular Letter DBS.FID.No.H6/02.01.00/2000-2001 dated October 10, 2000. The guid
ડિસે 12, 2000
GDRs / ADRs issues by FIs
Ref DBS.FID No.C 1/01.02.00-2000/2001July 20, 2000All India Term Lending and Refinancing InstitutionsDear Sir,GDRs / ADRs issues by FIsAs you are aware, FIs are permitted to raise capital through issue of Global Depository Receipts (GDRs) or American Depository Receipts (ADRs) within the limits prescribed for Foreign Direct Investment by the Government of India. As per the guidelines issued by the Government of India for ADR / GDR issues, FIs are eligible for GDR / AD
Ref DBS.FID No.C 1/01.02.00-2000/2001July 20, 2000All India Term Lending and Refinancing InstitutionsDear Sir,GDRs / ADRs issues by FIsAs you are aware, FIs are permitted to raise capital through issue of Global Depository Receipts (GDRs) or American Depository Receipts (ADRs) within the limits prescribed for Foreign Direct Investment by the Government of India. As per the guidelines issued by the Government of India for ADR / GDR issues, FIs are eligible for GDR / AD
ડિસે 12, 2000
Guidelines for recovery of dues relating
to Non Performing Assets ( NPAs )
to Non Performing Assets ( NPAs )
Ref DBS.FID No.C.2/01.02.00/2000-2001July 28, 2000CONFIDENTIALThe Chairman & Managing Director of all CentralPublic Financial Institutions( IDBI, IFCI, IIBI, Exim Bank, TFCI, IDFC, NABARD, NHB and SIDBI )Dear Sir,Guidelines for recovery of dues relatingto Non Performing Assets ( NPAs )Please find enclosed herewith DBOD Circular No.BP.BC.11/21.01.040/99-00 dated July 27, 2000 on the above subject.It is advised that the above guidelines issued to public sector banks
Ref DBS.FID No.C.2/01.02.00/2000-2001July 28, 2000CONFIDENTIALThe Chairman & Managing Director of all CentralPublic Financial Institutions( IDBI, IFCI, IIBI, Exim Bank, TFCI, IDFC, NABARD, NHB and SIDBI )Dear Sir,Guidelines for recovery of dues relatingto Non Performing Assets ( NPAs )Please find enclosed herewith DBOD Circular No.BP.BC.11/21.01.040/99-00 dated July 27, 2000 on the above subject.It is advised that the above guidelines issued to public sector banks
ડિસે 12, 2000
Financial Assistance to Industries Producing /
Consuming Ozone Depleting Substances (ODS)
Consuming Ozone Depleting Substances (ODS)
Ref DBS.FID No.C.3/.02.01.00/2000-2001August 24, 2000All Term Lending and Refinancing InstitutionsDear Sir,Financial Assistance to Industries Producing /Consuming Ozone Depleting Substances (ODS)Government of India had advised that as per the Montreal Protocol, to which India is a party, Ozone Depleting Substances (ODS) are required to be phased out as per schedule prescribed therein. The list of chemicals given in Annexures A and B to the Montreal Protocol is enclose
Ref DBS.FID No.C.3/.02.01.00/2000-2001August 24, 2000All Term Lending and Refinancing InstitutionsDear Sir,Financial Assistance to Industries Producing /Consuming Ozone Depleting Substances (ODS)Government of India had advised that as per the Montreal Protocol, to which India is a party, Ozone Depleting Substances (ODS) are required to be phased out as per schedule prescribed therein. The list of chemicals given in Annexures A and B to the Montreal Protocol is enclose
ડિસે 12, 2000
Guidelines for Recovery of Dues Relating
to Non Performing Assets ( NPAs )
to Non Performing Assets ( NPAs )
Ref DBS.FID No.C-4/01.02.00/2000-2001August 31, 2000The Chairman & Managing Directors of allCentral Public Financial Institutions ( IDBI, IFCI Ltd., IIBI Ltd., Exim Bank, TFCI Ltd. NABARD, NHB and SIDBI )Dear Sir,Guidelines for Recovery of Dues Relatingto Non Performing Assets ( NPAs )Please refer to our Circular DBS.FID.No.2/01.02.00/2000-2001 dated July 28, 2000 enclosing therewith DBOD Circular No.BP.BC.11/21.01.040/99-2000 dated July 27, 2000 on the above subj
Ref DBS.FID No.C-4/01.02.00/2000-2001August 31, 2000The Chairman & Managing Directors of allCentral Public Financial Institutions ( IDBI, IFCI Ltd., IIBI Ltd., Exim Bank, TFCI Ltd. NABARD, NHB and SIDBI )Dear Sir,Guidelines for Recovery of Dues Relatingto Non Performing Assets ( NPAs )Please refer to our Circular DBS.FID.No.2/01.02.00/2000-2001 dated July 28, 2000 enclosing therewith DBOD Circular No.BP.BC.11/21.01.040/99-2000 dated July 27, 2000 on the above subj
ડિસે 12, 2000
Advances against shares and debentures
Ref DBS.FID No. C.5 / 02.01.00/2000-2001September 19, 2000The Chairman & Managing Director,All-India Term Lending and Refinance Institutions.Dear Sir,Advances against shares and debentures It has been brought to our notice that a financial institution has granted advances against shares that were already pledged with some other financial institution for obtaining loans against them. Such type of fraud could have been avoided if the transfer procedure or registrati
Ref DBS.FID No. C.5 / 02.01.00/2000-2001September 19, 2000The Chairman & Managing Director,All-India Term Lending and Refinance Institutions.Dear Sir,Advances against shares and debentures It has been brought to our notice that a financial institution has granted advances against shares that were already pledged with some other financial institution for obtaining loans against them. Such type of fraud could have been avoided if the transfer procedure or registrati
ડિસે 12, 2000
Development in the Money Market- Rating of Term Deposits
Ref DBS.FID No. c-6 / 09.01.02/ 2000-01October 10, 2000Ashwina 18, 1922To Chairmen / Chief ExecutivesAll-India Term lending and Refinancing InstitutionsDear Sir, Development in the Money Market- Rating of Term Deposits As you are aware, select all India Financial Institutions, which are governed by the RBI guidelines, can raise resources upto an Umbrella Limit equivalent to 100 per cent of NOF as per the latest audited balance sheet, by way of various instruments in
Ref DBS.FID No. c-6 / 09.01.02/ 2000-01October 10, 2000Ashwina 18, 1922To Chairmen / Chief ExecutivesAll-India Term lending and Refinancing InstitutionsDear Sir, Development in the Money Market- Rating of Term Deposits As you are aware, select all India Financial Institutions, which are governed by the RBI guidelines, can raise resources upto an Umbrella Limit equivalent to 100 per cent of NOF as per the latest audited balance sheet, by way of various instruments in
ડિસે 12, 2000
Monetary and Credit Policy Measures Prudential Norms on Income Recognition, Asset Classification, Provisioning, etc. Provision on Standard Assets
Ref DBS.FID No.C. 8 /01.03.00/2000-2001October 11, 2000The Chairmen / Chief Executive OfficersAll India Term Lending & Refinancing InstitutionsDear Sir,Monetary and Credit Policy Measures Prudential Norms on Income Recognition, Asset Classification, Provisioning, etc. Provision on Standard Assets Please refer to the "Mid Term Review of Monetary and Credit Policy" for the year 2000-2001 forwarded to you vide our Circular Letter DBS.FID.No.H6/02.01.00/2000-2001
Ref DBS.FID No.C. 8 /01.03.00/2000-2001October 11, 2000The Chairmen / Chief Executive OfficersAll India Term Lending & Refinancing InstitutionsDear Sir,Monetary and Credit Policy Measures Prudential Norms on Income Recognition, Asset Classification, Provisioning, etc. Provision on Standard Assets Please refer to the "Mid Term Review of Monetary and Credit Policy" for the year 2000-2001 forwarded to you vide our Circular Letter DBS.FID.No.H6/02.01.00/2000-2001
ડિસે 12, 2000
Guidelines for Classification and Valuation of Investments
Ref DBS.FID No.C 9 /01.02.00/2000-0109 November 2000Chairmen / Chief Executives of all India Term Lending & Refinance Institutions.Dear Sir,Guidelines for Classification and Valuation of Investments From time to time FIs have been advised regarding classification and valuation of investments by them. The existing instructions on the classification and valuation of the investment portfolio have been reviewed to bring them in consonance with the best international p
Ref DBS.FID No.C 9 /01.02.00/2000-0109 November 2000Chairmen / Chief Executives of all India Term Lending & Refinance Institutions.Dear Sir,Guidelines for Classification and Valuation of Investments From time to time FIs have been advised regarding classification and valuation of investments by them. The existing instructions on the classification and valuation of the investment portfolio have been reviewed to bring them in consonance with the best international p
ડિસે 12, 2000
Investment Portfolio - Transactions in Securities - Role of Brokers
Ref DBS.FID No. C 10 / 01.08.00 / 2000-0122 November, 2000The Chairmen / Chief Executives of AllIndia Term Lending & Refinance InstitutionsDear Sir,Investment Portfolio - Transactions in Securities - Role of BrokersPlease refer to our Circular DBS.FID. No.23/01.08.00/97-98 dated 20 January 1998, on the captioned subject forwarding therewith a copy of circular No. FCS.BC.112/24.76.002 dated 14th October 1997 issued by our Department of Banking Operations and Develo
Ref DBS.FID No. C 10 / 01.08.00 / 2000-0122 November, 2000The Chairmen / Chief Executives of AllIndia Term Lending & Refinance InstitutionsDear Sir,Investment Portfolio - Transactions in Securities - Role of BrokersPlease refer to our Circular DBS.FID. No.23/01.08.00/97-98 dated 20 January 1998, on the captioned subject forwarding therewith a copy of circular No. FCS.BC.112/24.76.002 dated 14th October 1997 issued by our Department of Banking Operations and Develo
ડિસે 12, 2000
Interest Rate Surcharge on Import Finance
Ref DBS.FID No.C 11 / 01.02.00 / 2000-2001November 28, 2000The Chairmen / Chief Executives of All India Term Lending & Refinance InstitutionsDear Sir,Interest Rate Surcharge on Import FinancePlease refer to our circular DBS.FID.No.18/01.02.00/1999-2000 dated 25th May 2000 regarding levy of interest rate surcharge on import finance. In terms of the instructions contained therein, the following categories of credit for imports are exempted from the levy of interest
Ref DBS.FID No.C 11 / 01.02.00 / 2000-2001November 28, 2000The Chairmen / Chief Executives of All India Term Lending & Refinance InstitutionsDear Sir,Interest Rate Surcharge on Import FinancePlease refer to our circular DBS.FID.No.18/01.02.00/1999-2000 dated 25th May 2000 regarding levy of interest rate surcharge on import finance. In terms of the instructions contained therein, the following categories of credit for imports are exempted from the levy of interest
ડિસે 12, 2000
Interest Rates on Deposits
DBOD No. Dir.BC. 27 /13.03.00/2000-01October 6, 2000Ashwina 14, 1922(S)Interest Rates on DepositsIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949 and in partial modification of its 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 the existing paragr
DBOD No. Dir.BC. 27 /13.03.00/2000-01October 6, 2000Ashwina 14, 1922(S)Interest Rates on DepositsIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949 and in partial modification of its 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 the existing paragr
ડિસે 12, 2000
Foreign Currency (Non-Resident) Accounts (Banks) Scheme
DBOD No. Dir.BC. 28 /13.03.00/2000-01October 6, 2000Ashwina 14, 1922(S)Foreign Currency (Non-Resident) Accounts (Banks) SchemeIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949 and in partial modification of its Directive DBOD No. Dir.BC 95/C.347(I)-86 dated September 11, 1986, 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 di
DBOD No. Dir.BC. 28 /13.03.00/2000-01October 6, 2000Ashwina 14, 1922(S)Foreign Currency (Non-Resident) Accounts (Banks) SchemeIn exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949 and in partial modification of its Directive DBOD No. Dir.BC 95/C.347(I)-86 dated September 11, 1986, 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 di
ડિસે 12, 2000
Engagement of outside agents for collection
of deposits or selling of deposit linked products on
remuneration/fees/commission basis
of deposits or selling of deposit linked products on
remuneration/fees/commission basis
DBOD No. Dir.BC. 29 /13.03.00/2000-01October 6 , 2000Ashwina 14, 1922(S)All Commercial Banks(including Regional Rural Banks)Dear Sirs,Engagement of outside agents for collectionof deposits or selling of deposit linked products on remuneration/fees/commission basisAs you are aware, in terms of paragraph 17(d) of our Directive DBOD No.Dir.BC.151/C.347-85 dated December 27, 1985 and para 10 (c) of the directive DBOD No. Dir.BC. 95/C.347(I)-86 dated September 11, 1986, ba
DBOD No. Dir.BC. 29 /13.03.00/2000-01October 6 , 2000Ashwina 14, 1922(S)All Commercial Banks(including Regional Rural Banks)Dear Sirs,Engagement of outside agents for collectionof deposits or selling of deposit linked products on remuneration/fees/commission basisAs you are aware, in terms of paragraph 17(d) of our Directive DBOD No.Dir.BC.151/C.347-85 dated December 27, 1985 and para 10 (c) of the directive DBOD No. Dir.BC. 95/C.347(I)-86 dated September 11, 1986, ba
ડિસે 11, 2000
Capital Adequacy Standards for Primary Dealers
IDMC.PDRS.PDC.3/03.64.00/2000-01December 11, 2000To all Primary Dealers in the Government securities marketDear Sirs,Capital Adequacy Standards for Primary DealersPlease refer to letter D.O.IDMC.NO.PDRS/3361/03.64.00/99-2000 dated April 11, 2000 addressed to the then Chairman, Primary Dealers Association of India, forwarding a copy of the draft Capital Adequacy standards for the comments of the Primary Dealers and working out the capital charges as on March 31, 2000 o
IDMC.PDRS.PDC.3/03.64.00/2000-01December 11, 2000To all Primary Dealers in the Government securities marketDear Sirs,Capital Adequacy Standards for Primary DealersPlease refer to letter D.O.IDMC.NO.PDRS/3361/03.64.00/99-2000 dated April 11, 2000 addressed to the then Chairman, Primary Dealers Association of India, forwarding a copy of the draft Capital Adequacy standards for the comments of the Primary Dealers and working out the capital charges as on March 31, 2000 o
ડિસે 09, 2000
Exim Banks credit line of US$ 20 million to
Korea Development Bank, South Korea
A.P.(DIR Series) Circular No.21 (December 4, 2000)
Korea Development Bank, South Korea
A.P.(DIR Series) Circular No.21 (December 4, 2000)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.21December 4, 2000ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Exim Bank’s credit line of US$ 20 million toKorea Development Bank, South Korea Export Import Bank of India (Exim Bank) has concluded an agreement with Korea Development Bank on May 31, 2000, making available to the latter uncommitted trade finance facility upto US$ 20 million. This credit is a
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.21December 4, 2000ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Exim Bank’s credit line of US$ 20 million toKorea Development Bank, South Korea Export Import Bank of India (Exim Bank) has concluded an agreement with Korea Development Bank on May 31, 2000, making available to the latter uncommitted trade finance facility upto US$ 20 million. This credit is a
ડિસે 09, 2000
Remittance towards Schemes involving money circulation
A.P. (DIR Series) Circular No.22 (December 7, 2000)
A.P. (DIR Series) Circular No.22 (December 7, 2000)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No.22 December 7, 2000ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Remittance towards Schemesinvolving money circulationReferences have been received in Reserve Bank in the recent past from individuals/authorised dealers seeking approvals/clarifications for effecting remittances in foreign currency towards purchase of websites. Many such schemes offer earnin
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No.22 December 7, 2000ToAll Authorised Dealers in Foreign ExchangeDear Sirs,Remittance towards Schemesinvolving money circulationReferences have been received in Reserve Bank in the recent past from individuals/authorised dealers seeking approvals/clarifications for effecting remittances in foreign currency towards purchase of websites. Many such schemes offer earnin
ડિસે 08, 2000
Compendium of Circulars on Small Scale Industries
(July 1978 - December 1999) (Part 5 of 6)
(July 1978 - December 1999) (Part 5 of 6)
RPCD.No.PLNFS.BC.16/06.06.12/94-95July 28, 1994 Sravana 6, 1916All Scheduled Commercial BanksDear Sir,Bank Credit to Khadi and Village Industries (KVI) SectorPlease refer to our circulars RPCD.No.PLNFS.BC.10/C.464(A)-Spl.KVIC-91/92 dated 17 July 1991 and RPCD.No.PLNFS.BC.84/06.06.12/93-94 dated 7 January 1994 advising you regarding the steps to be taken to ensure smooth flow of credit to KVI sector.2. A meeting of the representatives of KVIC, banks, SIDBI, NABARD was
RPCD.No.PLNFS.BC.16/06.06.12/94-95July 28, 1994 Sravana 6, 1916All Scheduled Commercial BanksDear Sir,Bank Credit to Khadi and Village Industries (KVI) SectorPlease refer to our circulars RPCD.No.PLNFS.BC.10/C.464(A)-Spl.KVIC-91/92 dated 17 July 1991 and RPCD.No.PLNFS.BC.84/06.06.12/93-94 dated 7 January 1994 advising you regarding the steps to be taken to ensure smooth flow of credit to KVI sector.2. A meeting of the representatives of KVIC, banks, SIDBI, NABARD was
ડિસે 08, 2000
Index
DBOD.No.BP.BC.94/C.464(A)-78 July 20, 1978 Report of the High Powered Committee for Examining Bank Credit Problems of Small Scale Industries DBOD.No.BP.BC.169/C.464(A)-78 December 12, 1978 Bank Credit for Artisans, Village & Cottage Industries and Small Scale Industries in the Tiny Sector DBOD.No.BP.BC.170/C.464(A)-78 December 12, 1978 Bank Credit for Small Scale Industries DBOD.No.BP.BC.78/C.464(A)-79 June 5, 1979 Bank Cr
DBOD.No.BP.BC.94/C.464(A)-78 July 20, 1978 Report of the High Powered Committee for Examining Bank Credit Problems of Small Scale Industries DBOD.No.BP.BC.169/C.464(A)-78 December 12, 1978 Bank Credit for Artisans, Village & Cottage Industries and Small Scale Industries in the Tiny Sector DBOD.No.BP.BC.170/C.464(A)-78 December 12, 1978 Bank Credit for Small Scale Industries DBOD.No.BP.BC.78/C.464(A)-79 June 5, 1979 Bank Cr
ડિસે 08, 2000
Compendium of Circulars on Small Scale Industries
(July 1978 - December 1999) (Part 1 of 6)
(July 1978 - December 1999) (Part 1 of 6)
DBOD. No. BP.BC. 94/C.464(A)-78July 20, 1978@@NBSP@@Asadha 29, 1900(s)All Scheduled Commercial BanksDear SirReport of the High Powered Committee for ExaminingBank Credit Problems of Small Scale IndustriesThe Government of India had constituted a High Powered Committee under the Chairmanship of Shri I.C. Puri, Development Commissioner, Small Scale Industries, New Delhi, for examining bank credit problems of small scale industries. The committee has gone into the releva
DBOD. No. BP.BC. 94/C.464(A)-78July 20, 1978@@NBSP@@Asadha 29, 1900(s)All Scheduled Commercial BanksDear SirReport of the High Powered Committee for ExaminingBank Credit Problems of Small Scale IndustriesThe Government of India had constituted a High Powered Committee under the Chairmanship of Shri I.C. Puri, Development Commissioner, Small Scale Industries, New Delhi, for examining bank credit problems of small scale industries. The committee has gone into the releva
ડિસે 08, 2000
Compendium of Circulars on Small Scale Industries
(July 1978 - December 1999) (Part 3 of 6)
(July 1978 - December 1999) (Part 3 of 6)
RPCD. No. PLNFS.BC.119/PS.72/88-89May 30, 1989 Jyaistha 9, 1911All Scheduled Commercial BanksDear Sir,Financing of Marketing Expenses of SSI UnitsPlease refer to circular DBOD.No.BP.BC.20/C.469-87 dated 21 February 1987 (copy enclosed as Annexure I for ready reference). The question of financing of marketing expenses of SSI units has been re-examined by us. It has been decided as below:i) Normal marketing expenses should be included in the cost of finished goods/value
RPCD. No. PLNFS.BC.119/PS.72/88-89May 30, 1989 Jyaistha 9, 1911All Scheduled Commercial BanksDear Sir,Financing of Marketing Expenses of SSI UnitsPlease refer to circular DBOD.No.BP.BC.20/C.469-87 dated 21 February 1987 (copy enclosed as Annexure I for ready reference). The question of financing of marketing expenses of SSI units has been re-examined by us. It has been decided as below:i) Normal marketing expenses should be included in the cost of finished goods/value
ડિસે 08, 2000
Compendium of Circulars on Small Scale Industries
(July 1978 - December 1999) (Part 4 of 6)
(July 1978 - December 1999) (Part 4 of 6)
RPCD.No.PLNFS.BC.78/SIU.20-91/92January 23, 1992 Magha 3, 1913All Schedled Commercial BanksDear Sir,Sick Industries-Small Scale UnitsIn terms of paragraph 5 of our circular letter DBOD.NO.CAS.BC.64/C.446(SIU)-78 dated 12 May 1978, banks were advised to apprise their Board of Directors, of the position of lendings to small-scale sector, by submitting a comprehensive memorandum on a quarterly basis, indicating regionwise and industrywise classification of credit facilit
RPCD.No.PLNFS.BC.78/SIU.20-91/92January 23, 1992 Magha 3, 1913All Schedled Commercial BanksDear Sir,Sick Industries-Small Scale UnitsIn terms of paragraph 5 of our circular letter DBOD.NO.CAS.BC.64/C.446(SIU)-78 dated 12 May 1978, banks were advised to apprise their Board of Directors, of the position of lendings to small-scale sector, by submitting a comprehensive memorandum on a quarterly basis, indicating regionwise and industrywise classification of credit facilit
ડિસે 08, 2000
Compendium of Circulars on Small Scale Industries
(July 1978 - December 1999) (Part 6 of 6)
(July 1978 - December 1999) (Part 6 of 6)
RPCD.No.PLNFS.BC.21/06.02.31/98-998 August, 1998ToAll Commercial Banks (including RRBs)Dear Sir,Priority sector advances -Credit deployment to SSI sectorPlease refer to our circular RPCD.No.PLNFS.BC.66/06.02.31/97-98 dated 5 January 1998.2. We advise that consequent upon increase in the limit for tiny units from Rs.5 lakhs to Rs.25 lakhs, the limit for investment in plant and machinery in respect of industry related Small Scale Service/Business Enterprises (SSSBEs) ha
RPCD.No.PLNFS.BC.21/06.02.31/98-998 August, 1998ToAll Commercial Banks (including RRBs)Dear Sir,Priority sector advances -Credit deployment to SSI sectorPlease refer to our circular RPCD.No.PLNFS.BC.66/06.02.31/97-98 dated 5 January 1998.2. We advise that consequent upon increase in the limit for tiny units from Rs.5 lakhs to Rs.25 lakhs, the limit for investment in plant and machinery in respect of industry related Small Scale Service/Business Enterprises (SSSBEs) ha
ડિસે 07, 2000
Credit extended to Diamond Exporters -
Embargo on import of conflict diamonds
Embargo on import of conflict diamonds
Reserve Bank of IndiaIndustrial & Export Credit DepartmentCentral OfficeCentral Office BuildingPost Bag 10030Mumbai - 400 001.IECD No.7/04.02.02/2000-2001 December 5, 2000The Chairmen/Chief Executivesof all commercial banks,@@NBSP@@Dear Sir,Credit extended to Diamond Exporters -Embargo on import of conflict diamondsPlease refer to our Circular IECD No.1/04.02.02/2000-2001 dated July 13, 2000 on the above subject. UN Security Council Resolution No.1306 (2000) has f
Reserve Bank of IndiaIndustrial & Export Credit DepartmentCentral OfficeCentral Office BuildingPost Bag 10030Mumbai - 400 001.IECD No.7/04.02.02/2000-2001 December 5, 2000The Chairmen/Chief Executivesof all commercial banks,@@NBSP@@Dear Sir,Credit extended to Diamond Exporters -Embargo on import of conflict diamondsPlease refer to our Circular IECD No.1/04.02.02/2000-2001 dated July 13, 2000 on the above subject. UN Security Council Resolution No.1306 (2000) has f
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