Notifications

RBI/2014-15/620 A.P. (DIR Series) Circular No. 106 June 1, 2015 To, All banks Authorised to Deal in Foreign Exchange All Authorised Money Changers (AMCs) / Full-Fledged Money Changers (FFMCs) Madam/Sir, Liberalised Remittance Scheme (LRS) for resident individuals- increase in the limit from USD 125,000 to USD 250,000 and rationalisation of current account transactions Remittance facilities for persons other than individuals Attention of Authorised Persons is invited t

RBI/2014-15/619 Ref. No.IDMD/2447/08.02.032/2014-15 June 01, 2015 All Scheduled Commercial BanksAll State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) four dated securities for notified amount of Rs 16,000 crore as per the following details: Sr No Security Notified Amount (in Rs crore

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated June 01, 2015 NOTIFICATION Auction for Sale (Re-issue) of 7.68 per cent Government Stock 2023 F. No.4 (2)-W&M/2015: Government of India hereby notifies sale of ‘7.68 per cent Government Stock 2023’ (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 in this notificati

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated June 01, 2015 NOTIFICATION Auction for Sale (Re-issue) of 8.24 per cent Government Stock, 2033 F. No.4 (2) W&M/2015(ii): Government of India hereby notifies sale (re-issue) 8.24 per cent Government Stock 2033 (hereinafter called “stock”) for an aggregate amount of ₹ 3,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this not

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated June 01, 2015 NOTIFICATION Auction for Sale (Re-issue) of 7.72 per cent Government Stock 2025 F. No.4 (2) W&M/2015(i): Government of India hereby notifies sale of 7.72 per cent Government Stock 2025 (hereinafter called the stock) for an aggregate amount of ₹ 7,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notificatio

Government of IndiaMinistry of FinanceDepartment of Economic AffairsBudget Division New Delhi, dated June 01, 2015 NOTIFICATION Auction for Sale (Re-issue) of @@NBSP@@8.17 per cent Government Stock 2044 F. No.4 (2) W&M/2015(iii):Government of India hereby notifies sale of ‘8.17 per cent Government Stock 2044’ (here in after called 'the Stock') for an aggregate amount of ₹ 3,000 crore (nominal).The sale will be subject to the terms and conditions spelt out in this

RBI/2014-15/618 DBR.BP.BC.No.98/08.12.014/2014-15 June 01, 2015 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Issue of Long Term Bonds by banks for Financing of Infrastructure and Affordable Housing – Cross Holding Please refer to our circular DBOD.BP.BC.No.25/08.12.014/2014-15 dated July 15, 2014 allowing banks to issue long term bonds, with exemptions from certain regulatory pre-emptions, for their financing of infrastructure and affordable housing loans

RBI/2014-15/617 DBR.No.BC.97/29.67.001/2014-15 June 1, 2015 The Managing Director and CEOAll Private Sector Banks Dear Sir/Madam, Guidelines on Compensation of Non-executive Directors of Private Sector Banks The need to bring in professionalism to the boards of banks cannot be overemphasized. In order to enable banks to attract and retain professional directors, it is essential that such directors are appropriately compensated. At present, banks in private sector pay

RBI/2014-15/613 FIDD.CO.GSSD.BC.No.57/09.16.003/2014 - 15 May 28, 2015 The Chairman / Managing Director All Scheduled Commercial Banks Dear Sir, National Urban Livelihoods Mission (NULM ) - Reporting Format Please refer to our Circular RPCD.CO.GSSD.BC.No.26/09.16.03/2014-15 dated August 14, 2014 on Self Employment Programme (SEP) under National Urban Livelihoods Mission (NULM). 2. In order to monitor progress of the targets vis a vis achievement under NULM, Banks are

RBI/2014-15/614 DBR.No.BC.95/29.67.001/2014-15 May 28, 2015 The Managing Director & Chief Executive Officers All Private Sector Banks Dear Sir/Madam, Calendar of reviews Please refer to our circular DBR.No.BC.93/29.67.001/2014-15 dated May 14, 2015 (copy enclosed), addressed to all the CMDs / MD & CEOs of all public sector banks on the captioned matter. 2. We advise that the private sector banks may also adhere to the instructions contained in the above mentio