Notifications

RBI/2012-13/311 A.P. (DIR Series) Circular No. 55 November 26, 2012 To @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ All Authorised Dealers Category - I Banks Madam / Sir, Liaison Office (LO) / Branch Office (BO) in India by Foreign Entities – Reporting to Income Tax Authorities. Attention of Authorised Dealer Category – I banks is invited to A.P. (DIR Series) Circular No. 24 dated 30.12.2009 in terms of which LOs/BOs are required to furnish copy of the Annual Activity Cer

Reserve Bank of India Foreign Exchange Department Central Office, Mumbai-400 001 Notification No. FEMA.249/RB-2012 Dated November 22, 2012 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Fourth Amendment) Regulations, 2012 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank hereby makes the following amend

RBI/2012-13/305 DNBS(PD).CC. No. 310/03.10.42 /2012-13 November 22, 2012 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Implementation of Section 51-A of UAPA, 1967-Updates of the UNSCR 1988 (2011) Sanctions List Please refer to DNBS(PD).CC.No 305/03.10.42/2012-13 dated October 3, 2012. The Chairman of UN Security Council's 1988 Committee has issued notes dated October 19, 2012 and October 25, 2012 (copies enclosed) regarding changes m

RBI/2012-13/304 DBOD.BP.BC.No. 62/21.04.103/2012-13 November 21, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Second Quarter Review of Monetary Policy 2012-13 – Non-Performing Assets (NPAs) and Restructuring of Advances Please refer to paragraphs 93 and 94 of the Second Quarter Review of Monetary Policy 2012-13 (extract enclosed) announced on October 30, 2012 on ‘Non-Performing Assets (NPAs) and Restructuring of Advances’. 2. In terms of our circular

RBI/2012-13/302 DBOD.BP.BC.No.61/21.04.103/2012-13 November 21, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Second Quarter Review of Monetary Policy 2012-13 – Unhedged Foreign Currency Exposure of Corporates Please refer to paragraphs 95 and 96 of the Second Quarter Review of Monetary Policy 2012-13 (extract enclosed) announced on October 30, 2012 on ‘Monitoring of Unhedged Foreign Currency Exposure’. 2. In terms of our circular No. DBOD.BP.BC.37/21

RBI/2012-13/301 A.P. (DIR Series) Circular No. 53 November 20, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 38 dated October 4, 2012 wherein the Rupee value of the Special Currency Basket was indicated as Rs.75.037184 effective f

RBI/2012-13/297 DBOD.BP.BC.No. 58/08.12.014/2012-13 November 20, 2012 All Scheduled Commercial Banks (excluding RRBs) and Select All India Financial Institutions (AIFIs) (NHB, NABARD, EXIM Bank and SIDBI). Dear Sir, Second Quarter Review of Monetary Policy 2012-13 – Definition of 'Infrastructure Lending' Please refer to our circular DBOD.No.BP.BC.52/21.04.048/2007-08 dated November 30, 2007 on ‘Financing of Infrastructure by the Banks and Financial Institutions - Defi

RBI/2012-13/298 A.P. (DIR Series) Circular No. 52 November 20, 2012 To, All Category - I Authorised Dealer Banks Madam / Sir, Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 40 dated November 01, 2011 enhancing the period of realization and repatriation to India of the amount representing the full export value of

RBI/2012-13/299 DBOD.NO.BAPD.BC. 60/22.01.001/2012-13 November 20, 2012 Kartika 29, 1934 (Saka) All Domestic Scheduled Commercial Banks (excluding RRBs) Madam/Dear Sir, Branch Authorisation Policy- Opening of Administrative/ Controlling Offices in Tier 1 Centres Please refer to paragraphs 104-105 of the Second Quarter Review of Monetary Policy 2012-13 (extract enclosed), announced on October 30, 2012, wherein it has been proposed to permit domestic scheduled commercia

RBI/2012-13/300 DBOD No. BAPD.BC. 59/22.01.003/2012-13 November 20, 2012 Kartika 29, 1934 (Saka) All Commercial Banks (excluding RRBs) Madam/Dear Sir, Acquisition of Accommodation on Lease / Rental basis by Commercial Banks for their use (i.e. for Office and Residence of Staff) Please refer to our Circular DBOD. No. BL.BC. 105/22.01.003/98 dated November 11, 1998 on the above subject, advising banks that the norms and procedures to be followed for acquisition of premi