Notifications

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated October 5, 2015 NOTIFICATION Auction for Sale (Re-issue) of 8.17 per cent Government Stock 2044 F. No.4 (2) W&M/2015(iii) : Government of India hereby notifies sale (reissue) of ‘8.17 per cent Government Stock 2044’ (hereinafter called 'the Stock') for an aggregate amount of ₹ 3,000 crore (nominal). The sale will be subject to the terms and conditions spelt out

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated October 5, 2015 NOTIFICATION Auction for Sale of New Government Stock maturing on December 19, 2034 F. No.4 (2) W&M/2015(ii): Government of India hereby notifies sale of New Government Stock (Securities) of ‘19 years, 2 months and 07 days’ for an aggregate amount of ₹ 3,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this n

RBI/2015-16/196 DNBR.CC.PD.No. 069/03.10.01/ 2015-16 October 01, 2015 To All NBFC-MFIs Madam/ Sir Non Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) – Directions – Modifications In terms of extant instructions on pricing of credit by MFIs, the maximum variance between the minimum and maximum interest rate on loans cannot exceed 4 per cent. 2. The National Scheduled Castes Finance & Development Corporation (NSFDC) under the Ministry of Social Just

RBI/2015-16/195 A.P. (DIR Series) Circular No.18 September 30, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Regularisation of assets held abroad by a person resident in India under Foreign Exchange Management Act, 1999 The Government of India has enacted The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act) on May 26, 2015 to address the issue of undisclosed assets held abroad. It provides for separa

RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 Notification No. FEMA.351/2015 RB Dated September 30, 2015 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Seventh Amendment) Regulations, 2015 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), the Reserve Bank of India hereby makes the f

RBI/2015-16/194 DBR.No.Ret.BC.42/12.01.001/2015-16 September 29, 2015 The Chairperson / CEOs of all Scheduled Commercial Banks / Regional Rural Banks / Local Area Banks / All Primary (Urban) Co-operative Banks / State & Central Co-operative Banks (StCBs / CCBs) Dear Sir / Madam, Change in Bank Rate Please refer to our circulars DBR.No.Ret.BC.99/12.01.001/2014-15 dated June 02, 2015 and DCBR.BPD.(PCB/RCB).Cir.No.37/16.11.00/2014-15 dated June 2, 2015 on the caption

RBI/2015-16/193 A.P. (DIR Series) Circular No.17 September 29, 2015 To, All Authorised Dealer Category – I Banks Madam/ Sir External Commercial Borrowings (ECB) Policy - Issuance of Rupee denominated bonds overseas Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to the provisions contained in A.P. (DIR Series) Circular No. 5 dated August 01, 2005 as amended from time to time on External Commercial Borrowings (ECB). 2. In order to facilit

RBI/2015-16/192 REF.No.MPD.BC. 379/07.01.279/2015-16 Ashwina 7,1937 (Saka) September 29, 2015 To All Primary Dealers Dear Sir/Madam, Standing Liquidity Facility for Primary Dealers Please refer to the Fourth Bi-monthly Monetary Policy Statement, 2015-16 by Dr. Raghuram G. Rajan, Governor dated September 29, 2015, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 50 basis points from 7.25 per cent to 6.75 per cent with im

RBI/2015-2016/191 FMOD.MAOG. No. 111/01.18.001/2015-16 September 29, 2015 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 7.25 per cent to 6.75 per cent with immediate effect. Consequent to the change in the Repo rate, the Marginal Standing Facility (MSF) rate will stand adjusted t

RBI/2015-2016/190 FMOD.MAOG. No. 110/01.01.001/2015-16 September 29, 2015 All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 7.25 per cent to 6.75 per cent with immediate effect. Conseq