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Notifications
એપ્રિલ 23, 1999
Minimum Net Owned Fund (NOF) for commencement
of business of a Non-Banking Financial Institution (NBFI)
of business of a Non-Banking Financial Institution (NBFI)
RESERVE BANK OF INDIADEPARTMENT OF NON-BANKING SUPERVISIONCENTRAL OFFICECENTRE I, WORLD TRADE CENTRE,CUFFE PARADE, COLABAMUMBAI 400 005.DNBS (PD) No. CC.10/02.59/98-99 April 20, 1999 To The Secretary, Department of Company Affairs, Government of India, All the Registrars of CompaniesAll the Apex Level Chambers of Commerce FICCI/ASSOCHAM/CIIPresident of the Institute of Chartered Accountants of IndiaPresident of the Institute of Company Secretaries of IndiaAssociations
RESERVE BANK OF INDIADEPARTMENT OF NON-BANKING SUPERVISIONCENTRAL OFFICECENTRE I, WORLD TRADE CENTRE,CUFFE PARADE, COLABAMUMBAI 400 005.DNBS (PD) No. CC.10/02.59/98-99 April 20, 1999 To The Secretary, Department of Company Affairs, Government of India, All the Registrars of CompaniesAll the Apex Level Chambers of Commerce FICCI/ASSOCHAM/CIIPresident of the Institute of Chartered Accountants of IndiaPresident of the Institute of Company Secretaries of IndiaAssociations
પીડીએફ (
એપ્રિલ 21, 1999
Notification No.FERA.202/99-RB dated April 15, 1999
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001.Notification No.FERA.202/99-RB dated April 15, 1999Carrying on Activities in India by ForeignAirline Companies through Local Agents In Pursuance of Clause (a) of Sub-Section (1) of Section 29 of the Foreign Exchange Regulation Act, 1973 (46 of 1973), the Reserve Bank is pleased to grant general permission to airline companies which are not incorporated in India and which do not have a branch,
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001.Notification No.FERA.202/99-RB dated April 15, 1999Carrying on Activities in India by ForeignAirline Companies through Local Agents In Pursuance of Clause (a) of Sub-Section (1) of Section 29 of the Foreign Exchange Regulation Act, 1973 (46 of 1973), the Reserve Bank is pleased to grant general permission to airline companies which are not incorporated in India and which do not have a branch,
એપ્રિલ 20, 1999
Statement by Dr. Bimal Jalan, Governor, Reserve Bank of India on Monetary and Credit Policy for the Year 1999-2000
Statement by Dr. Bimal Jalan, Governor, Reserve Bank of India on Monetary and Credit Policy for the Year 1999-2000 The Statement consists of three parts: (I) Review of Macro-economic and Monetary Developments during 1998-99, (II) Stance of Monetary Policy for 1999-2000 and (III) Changes in Monetary and Credit Policy measures. I. Review of Macro-economic and MonetaryDevelopments: 1998-99Domestic Developments2. According to the preliminary estimates of
Statement by Dr. Bimal Jalan, Governor, Reserve Bank of India on Monetary and Credit Policy for the Year 1999-2000 The Statement consists of three parts: (I) Review of Macro-economic and Monetary Developments during 1998-99, (II) Stance of Monetary Policy for 1999-2000 and (III) Changes in Monetary and Credit Policy measures. I. Review of Macro-economic and MonetaryDevelopments: 1998-99Domestic Developments2. According to the preliminary estimates of
એપ્રિલ 19, 1999
Income recognition, asset classification, Provisioning and
other related matters - Valuation of investments
(BP.BC. 28 /21.04.048/98-99)
other related matters - Valuation of investments
(BP.BC. 28 /21.04.048/98-99)
BP.BC. 28 /21.04.048/98-99April 15, 1999All Commercial Banks(excluding Regional Rural Banks)Dear Sir,Income recognition, asset classification,Provisioning and other related matters - Valuation of investments-----------------------------------------------------Please refer to our circular DBOD.No.BP.BC.29/21.04.048/98 dated 11 April, 1998 prescribing the method to be adopted by banks and auditors for valuation of Government and other securities while finalising the Bal
BP.BC. 28 /21.04.048/98-99April 15, 1999All Commercial Banks(excluding Regional Rural Banks)Dear Sir,Income recognition, asset classification,Provisioning and other related matters - Valuation of investments-----------------------------------------------------Please refer to our circular DBOD.No.BP.BC.29/21.04.048/98 dated 11 April, 1998 prescribing the method to be adopted by banks and auditors for valuation of Government and other securities while finalising the Bal
એપ્રિલ 15, 1999
Revision/updation of family pension in respect of Government servants who retired/died on or after 1.9.1988 but before 1.9.1996.
GOVERNMENT OF RAJASTHAN Finance Department GOVERNMENT OF RAJASTHAN Finance Department (Rules Division) MEMORANDUM No. f.15(2)fd(Rules)/98 Jaipur, dated April 15, 1999 Subject : Revision/updation of family pension in respect of Government servants who retired/died on or after 1.9.1988 but before 1.9.1996. The undersigned is directed to say that in accordance with the provisions contained in Finance Department Notification No.F.15(3)FD(Rules)/97 dated 21.3.1998, the fam
GOVERNMENT OF RAJASTHAN Finance Department GOVERNMENT OF RAJASTHAN Finance Department (Rules Division) MEMORANDUM No. f.15(2)fd(Rules)/98 Jaipur, dated April 15, 1999 Subject : Revision/updation of family pension in respect of Government servants who retired/died on or after 1.9.1988 but before 1.9.1996. The undersigned is directed to say that in accordance with the provisions contained in Finance Department Notification No.F.15(3)FD(Rules)/97 dated 21.3.1998, the fam
એપ્રિલ 13, 1999
A.D.(M.A. Series) Circular No.11 (April 7, 1999)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.D.(M.A. Series) Circular No.11April 7, 1999To All Authorised Dealers in Foreign ExchangeDear Sirs,Amendments to Exchange Control Manual (ECM) It has been decided to amend/modify the Exchange Control regulations as stated in the following paragraphs.1. @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@Authorised dealers in foreign exchangeThe Commercial Bank of Korea Ltd. and Hanil Bank have ceased t
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.D.(M.A. Series) Circular No.11April 7, 1999To All Authorised Dealers in Foreign ExchangeDear Sirs,Amendments to Exchange Control Manual (ECM) It has been decided to amend/modify the Exchange Control regulations as stated in the following paragraphs.1. @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@Authorised dealers in foreign exchangeThe Commercial Bank of Korea Ltd. and Hanil Bank have ceased t
એપ્રિલ 13, 1999
A.D.(G.P. Series) Circular No.2 (March 26, 1999)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001March 26, 1999A.D.(G.P. Series) Circular No.2To All Authorised Dealers in Foreign ExchangeDear Sirs, Loss of GR Form/EC Copy of Shipping Bill @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@In terms of paragraph 6B.1(i)(b) of Exchange Control Manual, the exporter should lodge within twenty one days from the date of shipment, among others, the duplicate copy of GR
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001March 26, 1999A.D.(G.P. Series) Circular No.2To All Authorised Dealers in Foreign ExchangeDear Sirs, Loss of GR Form/EC Copy of Shipping Bill @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@In terms of paragraph 6B.1(i)(b) of Exchange Control Manual, the exporter should lodge within twenty one days from the date of shipment, among others, the duplicate copy of GR
એપ્રિલ 06, 1999
A.D.(M.A. Series) Circular No.10 (April 1, 1999)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.D.(M.A. Series)Circular No.10 April 1, 1999To All Authorised Dealers in Foreign Exchange Dear Sirs,Amendments to Exchange Control Manual (Memorandum PEM) It has been decided to amend/modify the Exchange Control regulations relating to project exports and service exports as stated in the following paragraphs.1. Constitution of Working Group In terms of paragraph A.1(i) of Memorandum on Proj
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.D.(M.A. Series)Circular No.10 April 1, 1999To All Authorised Dealers in Foreign Exchange Dear Sirs,Amendments to Exchange Control Manual (Memorandum PEM) It has been decided to amend/modify the Exchange Control regulations relating to project exports and service exports as stated in the following paragraphs.1. Constitution of Working Group In terms of paragraph A.1(i) of Memorandum on Proj
એપ્રિલ 05, 1999
Submission of Statutory Return on Liquid Assets
RESERVE BANK OF INDIADepartment of Non-Banking Supervision,Central Office, Centre 1, Cuffe Parade, Colaba, Mumbai, 400005Fax: 022 2150540Telephone 2188122Telex 011 86135 RBI INPARYAVEKSHAN¿Ref.DNBS(PD).No.CC. 9 / 02.01 / 98-99.March 31, 1999.To,All the Non-Banking Financial Companies (NBFCs)including Residuary Non-Banking Companies (RNBCs)Submission of Statutory Return on Liquid AssetsPlease refer to our circular DNBS(PD)No.CC.8/02.01/98-99 dated January 21, 1999 in t
RESERVE BANK OF INDIADepartment of Non-Banking Supervision,Central Office, Centre 1, Cuffe Parade, Colaba, Mumbai, 400005Fax: 022 2150540Telephone 2188122Telex 011 86135 RBI INPARYAVEKSHAN¿Ref.DNBS(PD).No.CC. 9 / 02.01 / 98-99.March 31, 1999.To,All the Non-Banking Financial Companies (NBFCs)including Residuary Non-Banking Companies (RNBCs)Submission of Statutory Return on Liquid AssetsPlease refer to our circular DNBS(PD)No.CC.8/02.01/98-99 dated January 21, 1999 in t
એપ્રિલ 02, 1999
A.D. (M.A. Series) Circular No.9 (March 30, 1999)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.D. (M.A. Series) Circular No.9 March 30, 1999 To All Authorised dealers in foreign exchange Dear Sirs, Simplification of procedures applicable to Non-Residents of Indian Nationality (NRIs)/Persons of Indian Origin (PIOs)/ Overseas Corporate Bodies (OCBs) In order to facilitate participation by NRIs/PIOs/OCBs in Indias economic development over a period of time the Government of India an
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.D. (M.A. Series) Circular No.9 March 30, 1999 To All Authorised dealers in foreign exchange Dear Sirs, Simplification of procedures applicable to Non-Residents of Indian Nationality (NRIs)/Persons of Indian Origin (PIOs)/ Overseas Corporate Bodies (OCBs) In order to facilitate participation by NRIs/PIOs/OCBs in Indias economic development over a period of time the Government of India an
એપ્રિલ 01, 1999
A.D.(M.A. Series) Circular No.6 (March 17, 1999)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001March 17, 1999A.D.(M.A. Series) Circular No.6To All Authorised Dealers in Foreign ExchangeDear Sirs,External Commercial Borrowings (ECBs)USD 10 million Scheme At present in terms of paragraph 7B.8 and 7B.8A of Exchange Control Manual (ECM) Reserve Bank considers proposals from Indian corporates/institutions for (a) availing of short term foreign currency loan/credit with maturity of less tha
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001March 17, 1999A.D.(M.A. Series) Circular No.6To All Authorised Dealers in Foreign ExchangeDear Sirs,External Commercial Borrowings (ECBs)USD 10 million Scheme At present in terms of paragraph 7B.8 and 7B.8A of Exchange Control Manual (ECM) Reserve Bank considers proposals from Indian corporates/institutions for (a) availing of short term foreign currency loan/credit with maturity of less tha
એપ્રિલ 01, 1999
A.D.(M.A. Series) Circular No.7 (March 20, 1999)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001March 20, 1999A.D.(M.A. Series) Circular No.7A.M.(F.L. Series) Circular No.1A.M.(R.L. Series) Circular No.1To All Authorised Dealers in Foreign Exchange All Authorised Full-fledged Money Changers All Authorised Restricted Money ChangersDear Sirs,Bringing in Foreign Exchange Attention is drawn to paragraphs 7D.5 of Exchange Control Manual, paragraph 5(i) of Memorandum FLM and paragraph 6 of Mem
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001March 20, 1999A.D.(M.A. Series) Circular No.7A.M.(F.L. Series) Circular No.1A.M.(R.L. Series) Circular No.1To All Authorised Dealers in Foreign Exchange All Authorised Full-fledged Money Changers All Authorised Restricted Money ChangersDear Sirs,Bringing in Foreign Exchange Attention is drawn to paragraphs 7D.5 of Exchange Control Manual, paragraph 5(i) of Memorandum FLM and paragraph 6 of Mem
એપ્રિલ 01, 1999
A.D. (M.A. Series ) Circular No.8 (March 26, 1999)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001March 26, 1999A.D. (M.A. Series ) Circular No.8To All Authorised Dealers in Foreign ExchangeDear Sirs,Non-Resident (Special) Rupee (NRSR) Account SchemeAttention of authorised dealers is drawn to Part A of Chapter 13 of Exchange Control Manual (ECM) containing rules and regulations for maintenance of Ordinary Non-Resident Rupee (NRO) accounts in India. In order to simplify the procedures appli
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001March 26, 1999A.D. (M.A. Series ) Circular No.8To All Authorised Dealers in Foreign ExchangeDear Sirs,Non-Resident (Special) Rupee (NRSR) Account SchemeAttention of authorised dealers is drawn to Part A of Chapter 13 of Exchange Control Manual (ECM) containing rules and regulations for maintenance of Ordinary Non-Resident Rupee (NRO) accounts in India. In order to simplify the procedures appli
માર્ચ 09, 1999
Exports to Iraq
IECD.No. /04.02.02/98-99March 8, 1999The Chairmen/Chief Executives of all commercial banksDear Sir,Exports to IraqIt has been represented to us that in respect of exports to Iraq made under non-negotiable sight Letters of Credit (LCs), payments are not made by the LC opening bank within the normal transit period of 20 days specified by FEDAI. The payment is made on arrival of cargo in Iraq, and issue of certificate by UN agency to the effect that the exports conformed
IECD.No. /04.02.02/98-99March 8, 1999The Chairmen/Chief Executives of all commercial banksDear Sir,Exports to IraqIt has been represented to us that in respect of exports to Iraq made under non-negotiable sight Letters of Credit (LCs), payments are not made by the LC opening bank within the normal transit period of 20 days specified by FEDAI. The payment is made on arrival of cargo in Iraq, and issue of certificate by UN agency to the effect that the exports conformed
માર્ચ 05, 1999
Export Credit - Interest Rates
IECD.No. 19 /04.02.01/98-99March 3, 1999The Chairmen /Chief Executivesof all commercial banksDear Sir,Export Credit - Interest RatesPlease refer to our Circular IECD.No.5/04.02.01/98-99 dated August 6, 1998 and MPD Circular No.BC.184/07.01.279/98-99 dated March 1, 1999.2. As indicated in para 3 of our MPD Circular referred to above, effective April 1, 1999, interest rates on pre-shipment and post-shipment rupee credit will stand revised. The revised rates are given in
IECD.No. 19 /04.02.01/98-99March 3, 1999The Chairmen /Chief Executivesof all commercial banksDear Sir,Export Credit - Interest RatesPlease refer to our Circular IECD.No.5/04.02.01/98-99 dated August 6, 1998 and MPD Circular No.BC.184/07.01.279/98-99 dated March 1, 1999.2. As indicated in para 3 of our MPD Circular referred to above, effective April 1, 1999, interest rates on pre-shipment and post-shipment rupee credit will stand revised. The revised rates are given in
માર્ચ 01, 1999
A D (M.A. Series) Circular No. 5 (February 25, 1999)
February 25, 1999A.D.(M.A.Series) Circular No.5To All Authorised Dealers in Foreign ExchangeDear Sirs,Amendments to Exchange Control Manual (ECM) It has been decided to amend/modify the Exchange Control regulations as stated in the following paragraphs.1. Release of foreign currency travellers cheques and notes to Master/Captain of the ship against inward remittance - Delegation of powers to authorised dealers At present, permission of Reserve Bank is necessary to pro
February 25, 1999A.D.(M.A.Series) Circular No.5To All Authorised Dealers in Foreign ExchangeDear Sirs,Amendments to Exchange Control Manual (ECM) It has been decided to amend/modify the Exchange Control regulations as stated in the following paragraphs.1. Release of foreign currency travellers cheques and notes to Master/Captain of the ship against inward remittance - Delegation of powers to authorised dealers At present, permission of Reserve Bank is necessary to pro
ફેબ્રુ 19, 1999
Asset - Liability Management ( ALM ) System
February 10, 1999 BP.BC. 8/21.04.098/99 To All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Asset - Liability Management ( ALM ) System Please refer to our circular DBOD No. BP. BC. 94/ 21. 04. 098/ 98 dated September 10, 1998 forwarding therewith draft Guidelines for putting in place Asset-Liability Management (ALM) System in banks. The draft Guidelines have been reviewed by us in the light of the issues raised/suggestions made by banks in the seminars held
February 10, 1999 BP.BC. 8/21.04.098/99 To All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Asset - Liability Management ( ALM ) System Please refer to our circular DBOD No. BP. BC. 94/ 21. 04. 098/ 98 dated September 10, 1998 forwarding therewith draft Guidelines for putting in place Asset-Liability Management (ALM) System in banks. The draft Guidelines have been reviewed by us in the light of the issues raised/suggestions made by banks in the seminars held
ફેબ્રુ 08, 1999
A D (M.A. Series) Circular No. 4 (February 2, 1999)
February 2 , 1999A.D. (M.A. Series) Circular No.4 To All Authorised Dealers in Foreign ExchangeDear Sirs,Export Declaration Forms Attention of authorised dealers is invited to paragraph 6A.3 of the Exchange Control Manual (ECM) regarding Export Declaration Forms, which have been prescribed in terms of Rule 5 of the Foreign Exchange Regulation Rules, 1974. On account of introduction of Electronic Data Interchange (EDI) system for processing shipping bills, etc. by the
February 2 , 1999A.D. (M.A. Series) Circular No.4 To All Authorised Dealers in Foreign ExchangeDear Sirs,Export Declaration Forms Attention of authorised dealers is invited to paragraph 6A.3 of the Exchange Control Manual (ECM) regarding Export Declaration Forms, which have been prescribed in terms of Rule 5 of the Foreign Exchange Regulation Rules, 1974. On account of introduction of Electronic Data Interchange (EDI) system for processing shipping bills, etc. by the
ફેબ્રુ 08, 1999
Cancellation of Forward Contracts
A.D.(G.P. Series) Circular No.1[Last GP Circular of 1998 No.28]January 27, 1999@@NBSP@@To All Authorised Dealers in Foreign ExchangeDear Sirs,Cancellation of Forward Contracts Attention is invited to A.D.(G.P. Series) Circular No.27 dated 3rd December 1997 requiring authorised dealers to submit a fortnightly statement in form CFC giving particulars of cancellation of forward contracts for U.S.$ 500,000 (U.S. dollar 0.5 million) and above. On a review, it has been deci
A.D.(G.P. Series) Circular No.1[Last GP Circular of 1998 No.28]January 27, 1999@@NBSP@@To All Authorised Dealers in Foreign ExchangeDear Sirs,Cancellation of Forward Contracts Attention is invited to A.D.(G.P. Series) Circular No.27 dated 3rd December 1997 requiring authorised dealers to submit a fortnightly statement in form CFC giving particulars of cancellation of forward contracts for U.S.$ 500,000 (U.S. dollar 0.5 million) and above. On a review, it has been deci
ફેબ્રુ 01, 1999
Notification No.FERA 191/99-RB Dated 30-1-99
In pursuance of clause (a) and clause (d) of sub-section (1) of Section 19 read with clause (b) of sub-Section (1) of Section 29 of the Foreign Exchange Regulation Act, 1973 (46 of 1973), the Reserve Bank directs that its Notification No.FERA 180/98 RB dated 13th January 1998 as amended from time to time (hereinafter referred to as "the said Notification"), shall be amended in the following manner, namely:In the said Notification, in paragraph 3, in clause (i), for th
In pursuance of clause (a) and clause (d) of sub-section (1) of Section 19 read with clause (b) of sub-Section (1) of Section 29 of the Foreign Exchange Regulation Act, 1973 (46 of 1973), the Reserve Bank directs that its Notification No.FERA 180/98 RB dated 13th January 1998 as amended from time to time (hereinafter referred to as "the said Notification"), shall be amended in the following manner, namely:In the said Notification, in paragraph 3, in clause (i), for th
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