Sale of Government securities allotted in
the auctions for Primary issues

FSC.BC. 26 /24.76.002/2000 October 6, 2000 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Sale of Government securities allotted in the auctions for Primary issues ________ Please refer to Paragraph 4(i) of our circular D.O.DBOD.No.FSC.46/C.469-91/92 dated 26th July 1991, in terms of which no sale transaction should be put through by any bank without actually holding the securities in its investment account at the time of sale. This restriction is inhibitin

FSC.BC. 26 /24.76.002/2000 October 6, 2000 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Sale of Government securities allotted in the auctions for Primary issues ________ Please refer to Paragraph 4(i) of our circular D.O.DBOD.No.FSC.46/C.469-91/92 dated 26th July 1991, in terms of which no sale transaction should be put through by any bank without actually holding the securities in its investment account at the time of sale. This restriction is inhibitin

Sale of Government securities allotted in the auctions for Primary issues

Sale of Securities Allotted in Primary Issues on The Same Day

IDMC. PDRS. No. PDS.1/03.64.00/2000-01October 6, 2000All Primary Dealers & Satellite Dealers in Government Securities MarketDear Sir,Sale of securities allotted in Primary issues on the same dayAs you are aware, in the "Statement on Monetary and Credit Policy", April 2000, vide paragraph No. 52, it has been stated that:"In terms of Guidelines issued by Reserve Bank of India, no sale should be entered into without actually having securities in the investment portfo

IDMC. PDRS. No. PDS.1/03.64.00/2000-01October 6, 2000All Primary Dealers & Satellite Dealers in Government Securities MarketDear Sir,Sale of securities allotted in Primary issues on the same dayAs you are aware, in the "Statement on Monetary and Credit Policy", April 2000, vide paragraph No. 52, it has been stated that:"In terms of Guidelines issued by Reserve Bank of India, no sale should be entered into without actually having securities in the investment portfo

Sale of Securities Allotted in Primary Issues on The Same Day

A.P.(DIR Series) Circular No.14 (September 26, 2000)

RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI -400 001 A.P.(DIR Series) Circular No.14 September 26, 2000 To, All Authorised Dealers in Foreign Exchange, Dear Sirs, Details of GDR/ADR issue launched Attention of authorised dealers is invited to Reserve Bank Notification No.FEMA-20/2000-RB dated 3rd May 2000. In terms of paragraphs 4(2) and (3) of Schedule I to the above Notification, Indian companies issuing ADRs/GDRs shall furnish to Reserve

RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI -400 001 A.P.(DIR Series) Circular No.14 September 26, 2000 To, All Authorised Dealers in Foreign Exchange, Dear Sirs, Details of GDR/ADR issue launched Attention of authorised dealers is invited to Reserve Bank Notification No.FEMA-20/2000-RB dated 3rd May 2000. In terms of paragraphs 4(2) and (3) of Schedule I to the above Notification, Indian companies issuing ADRs/GDRs shall furnish to Reserve

A.P.(DIR Series) Circular No.14 (September 26, 2000)

Special Fund facility for Security Settlement

September 23, 2000IDMC.No.1163 /10.26.55/2000-2001Banks/Primary DealersDear sir,Special Fund facility for Security Settlement Enclosed is a Scheme of Special Fund Facility for Securities Settlement. The scheme will be made effective from October 3, 2000. You are requested to take necessary action. Please acknowledge the receipt of the circular.Yours faithfully sd/-(Smt.Usha Thorat )Chief General Manager -in-Charge Encl: As above@@NBSP@@Internal Debt Management CellSch

September 23, 2000IDMC.No.1163 /10.26.55/2000-2001Banks/Primary DealersDear sir,Special Fund facility for Security Settlement Enclosed is a Scheme of Special Fund Facility for Securities Settlement. The scheme will be made effective from October 3, 2000. You are requested to take necessary action. Please acknowledge the receipt of the circular.Yours faithfully sd/-(Smt.Usha Thorat )Chief General Manager -in-Charge Encl: As above@@NBSP@@Internal Debt Management CellSch

Special Fund facility for Security Settlement

Payment to a person resident outside India on invocation of guarantee

RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.29/RB-2000 dated September 26, 2000 Payment to a person resident outside India on invocation of guarantee 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 referred to as 'the said Notification'), the Reserve Bank h

RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.29/RB-2000 dated September 26, 2000 Payment to a person resident outside India on invocation of guarantee 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 referred to as 'the said Notification'), the Reserve Bank h

Payment to a person resident outside India on invocation of guarantee

Draft Guidelines on bank financing of equities
and investment in shares, etc.

In pursuance of the announcement made in the Monetary and Credit Policy for the year 2000 – 2001, a Standing Technical Committee on Bank Financing of Equities, comprising officials of RBI and SEBI, was set up to develop operative guidelines for a transparent and stable system of bank financing of equities and investment in shares. The Report of the Committee submitted on 2nd August, 2000 was placed on the RBI Website soliciting comments on the proposals made by the Co

In pursuance of the announcement made in the Monetary and Credit Policy for the year 2000 – 2001, a Standing Technical Committee on Bank Financing of Equities, comprising officials of RBI and SEBI, was set up to develop operative guidelines for a transparent and stable system of bank financing of equities and investment in shares. The Report of the Committee submitted on 2nd August, 2000 was placed on the RBI Website soliciting comments on the proposals made by the Co

Draft Guidelines on bank financing of equities and investment in shares, etc.

Amendments to Directions
A.P. (DIR Series) Circular No.13 (September 14, 2000)

RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P. (DIR Series) Circular No.13 September 14, 2000 To All Authorised Dealers in Foreign Exchange Dear Sirs, Amendments to Directions It has been decided to amend directions to authorised dealers as stated in the following paragraphs. 1. Export of goods to the Russian Federation on consignment basis against repayment of State Credits Attention of authorised dealers is drawn to A.D.(G.P.Ser

RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P. (DIR Series) Circular No.13 September 14, 2000 To All Authorised Dealers in Foreign Exchange Dear Sirs, Amendments to Directions It has been decided to amend directions to authorised dealers as stated in the following paragraphs. 1. Export of goods to the Russian Federation on consignment basis against repayment of State Credits Attention of authorised dealers is drawn to A.D.(G.P.Ser

Amendments to Directions A.P. (DIR Series) Circular No.13 (September 14, 2000)

DBOD No.DIR. BC. 4 /13.03.00/2000-2001

DBOD No.DIR. BC. 4 /13.03.00/2000-2001July 17, 2000Chief Executives of all Scheduled Commercial Banks Dear SirMaster Circular-Exposure NormsAs you are aware, the Reserve Bank of India has, from time to time, issued a number of circulars containing instructions to banks on matters relating to credit exposure, extent of investments in shares, debentures, bonds and debt instruments of corporate bodies, Public Sector Undertakings (PSU), Financial Institutions and other ba

DBOD No.DIR. BC. 4 /13.03.00/2000-2001July 17, 2000Chief Executives of all Scheduled Commercial Banks Dear SirMaster Circular-Exposure NormsAs you are aware, the Reserve Bank of India has, from time to time, issued a number of circulars containing instructions to banks on matters relating to credit exposure, extent of investments in shares, debentures, bonds and debt instruments of corporate bodies, Public Sector Undertakings (PSU), Financial Institutions and other ba

DBOD No.DIR. BC. 4 /13.03.00/2000-2001

Foreign Exchange Management Act 1999
– Export of Goods and Services
A.P. (DIR Series) Circular No.12 (September 9, 2000)

RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 A.P. (DIR Series) Circular No.12 September 9, 2000 To All Authorised Dealers in Foreign Exchange Dear Sirs, Foreign Exchange Management Act 1999 – Export of Goods and Services Attention of authorised dealers is invited to the Notification No. FEMA 23/ 2000-RB dated 3rd May, 2000, issued by Reserve Bank in exercise of the powers conferred by clause (a) of sub-section (1), sub-section (3) of

RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 A.P. (DIR Series) Circular No.12 September 9, 2000 To All Authorised Dealers in Foreign Exchange Dear Sirs, Foreign Exchange Management Act 1999 – Export of Goods and Services Attention of authorised dealers is invited to the Notification No. FEMA 23/ 2000-RB dated 3rd May, 2000, issued by Reserve Bank in exercise of the powers conferred by clause (a) of sub-section (1), sub-section (3) of

Foreign Exchange Management Act 1999 – Export of Goods and Services A.P. (DIR Series) Circular No.12 (September 9, 2000)

Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2000

Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2000 Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 Notification No.FEMA 28 /2000-RB. dated September 5, 2000 Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2000 In exercise of the powers conferred by clause (h) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1

Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2000 Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 Notification No.FEMA 28 /2000-RB. dated September 5, 2000 Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2000 In exercise of the powers conferred by clause (h) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1

Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2000