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Notifications
ਜੂਨ 08, 2007
Foreign Investments in Debentures -Revised Guidelines
RBI/2006-2007/435A.P. (DIR Series) Circular No.74June 8, 2007.ToAll Category - I Authorised Dealer banksMadam/Sir, Foreign Investments in Debentures —Revised Guidelines1. Attention of Authorised Dealers is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20 / 2000 -RB dated May 3, 2000 as amended from time to time. In terms of Schedule 1 of the notificati
RBI/2006-2007/435A.P. (DIR Series) Circular No.74June 8, 2007.ToAll Category - I Authorised Dealer banksMadam/Sir, Foreign Investments in Debentures —Revised Guidelines1. Attention of Authorised Dealers is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20 / 2000 -RB dated May 3, 2000 as amended from time to time. In terms of Schedule 1 of the notificati
ਜੂਨ 08, 2007
Foreign Investments in Preference Shares-Revised Guidelines
RBI/2006-2007/434 A.P. (DIR Series) Circular No.73 June@@NBSP@@ 8, 2007. To All Category - I Authorised Dealer banks Madam/Sir, Foreign Investments in Preference Shares—Revised Guidelines 1. Attention of Authorised Dealers is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20 / 2000 -RB dated May 3, 2000 as amended from time to time. In terms of Schedule
RBI/2006-2007/434 A.P. (DIR Series) Circular No.73 June@@NBSP@@ 8, 2007. To All Category - I Authorised Dealer banks Madam/Sir, Foreign Investments in Preference Shares—Revised Guidelines 1. Attention of Authorised Dealers is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20 / 2000 -RB dated May 3, 2000 as amended from time to time. In terms of Schedule
ਜੂਨ 07, 2007
Deferred Payment Protocols between GOI and erstwhile USSR.
RBI/2006-2007/430A.P. (DIR Series) Circular No.70June 7, 2007.To All Authorised Dealer Category - I BanksMadam / Sirs,Deferred Payment Protocols dated April 30, 1981 and December 23, 1985between 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. 67 dated June 01, 2007, wherein the rupee value of the special currency basket was indicated as Rs.56.8292 effective from April 1
RBI/2006-2007/430A.P. (DIR Series) Circular No.70June 7, 2007.To All Authorised Dealer Category - I BanksMadam / Sirs,Deferred Payment Protocols dated April 30, 1981 and December 23, 1985between 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. 67 dated June 01, 2007, wherein the rupee value of the special currency basket was indicated as Rs.56.8292 effective from April 1
ਜੂਨ 07, 2007
Foreign Exchange Management (Foreign Currency Account by a Person Resident in India) (Amendment) Regulations, 2007
Notification No. FEMA. 154 /2007- RB dated:@@NBSP@@@@NBSP@@ June@@NBSP@@ 07, 2007 Foreign Exchange Management (Foreign Currency Account by a Person Resident in India) (Amendment) Regulations, 2007 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) the Reserve Bank of India makes the following amendments to Foreign Exchange Management (Foreign Currency
Notification No. FEMA. 154 /2007- RB dated:@@NBSP@@@@NBSP@@ June@@NBSP@@ 07, 2007 Foreign Exchange Management (Foreign Currency Account by a Person Resident in India) (Amendment) Regulations, 2007 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) the Reserve Bank of India makes the following amendments to Foreign Exchange Management (Foreign Currency
ਜੂਨ 07, 2007
Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) (Amendment) Regulations, 2007
Notification No. FEMA. 155 /2007- RB dated : June 07, 2007 Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) (Amendment) Regulations, 2007 In exercise of the powers conferred by clause (h) of sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999),@@NBSP@@ the Reserve Bank of India makes the following amendments to the Foreign Exchange Management (Acquisition and
Notification No. FEMA. 155 /2007- RB dated : June 07, 2007 Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) (Amendment) Regulations, 2007 In exercise of the powers conferred by clause (h) of sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999),@@NBSP@@ the Reserve Bank of India makes the following amendments to the Foreign Exchange Management (Acquisition and
ਜੂਨ 05, 2007
Exim Bank's Line of Credit (LOC) of USD 8 million to the Government of Seychelles
RBI/2006-2007/428A.P. (DIR Series) Circular No.69Jun 5, 2007.ToAll Category - I Authorised Dealer BanksMadam / Sirs,Exim Bank's Line of Credit (LOC) of USD 8 millionto the Government of SeychellesExport-Import Bank of India (Exim Bank) has concluded an agreement dated July 10, 2006 with Government of Seychelles, making available to the latter, a Line of Credit (LOC) for USD 8 million (USD Eight million only), for financing purchase of essential commodities, which are
RBI/2006-2007/428A.P. (DIR Series) Circular No.69Jun 5, 2007.ToAll Category - I Authorised Dealer BanksMadam / Sirs,Exim Bank's Line of Credit (LOC) of USD 8 millionto the Government of SeychellesExport-Import Bank of India (Exim Bank) has concluded an agreement dated July 10, 2006 with Government of Seychelles, making available to the latter, a Line of Credit (LOC) for USD 8 million (USD Eight million only), for financing purchase of essential commodities, which are
ਜੂਨ 04, 2007
Norms for maintaining NRE/NRO accounts - UCBs
RBI/2006-2007/427UBD.PCB.Cir.No. 46/16.12.000/06-07June 4, 2007The Chief Executive Officers ofAll Primary (Urban) Co-operative BanksDear Sir/Madam,Norms for maintaining NRE/NRO accounts - UCBsPlease refer to our circular UBD.PCB.Cir.No. 21/16.12.000/06-07 dated November 27, 2006 prescribing , inter alia, the norms for eligibility for Authorized Dealer category I and II licence. 2. In continuation thereof, we advise that the eligibility norms for maintaining NRE/NRO ac
RBI/2006-2007/427UBD.PCB.Cir.No. 46/16.12.000/06-07June 4, 2007The Chief Executive Officers ofAll Primary (Urban) Co-operative BanksDear Sir/Madam,Norms for maintaining NRE/NRO accounts - UCBsPlease refer to our circular UBD.PCB.Cir.No. 21/16.12.000/06-07 dated November 27, 2006 prescribing , inter alia, the norms for eligibility for Authorized Dealer category I and II licence. 2. In continuation thereof, we advise that the eligibility norms for maintaining NRE/NRO ac
ਜੂਨ 04, 2007
GOI Notification - 6.65 per cent
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, June 4, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘6.65 per cent Government Stock, 2009’under Market Stabilisation SchemeF. No. 4 (1)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘6.65 per cent Government Stock, 2009’ for an aggregate amount of Rs.5,000 crore (nominal) under the Market Stabilisation Scheme. The sale will be subject to the ter
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, June 4, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘6.65 per cent Government Stock, 2009’under Market Stabilisation SchemeF. No. 4 (1)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘6.65 per cent Government Stock, 2009’ for an aggregate amount of Rs.5,000 crore (nominal) under the Market Stabilisation Scheme. The sale will be subject to the ter
ਜੂਨ 04, 2007
Tender for Competitive Bids - 6.65 per cent
Annexure IFor office use onlyRegn no.The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "6.65 percent Government Stock, 2009" for an aggregate amount of Rs.5,000 crore under MSS : Auction to be held on June 6, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(I)-W&M/2007 dated June 4, 2007 and the tender notice issued by you, I/we, the undersigned he
Annexure IFor office use onlyRegn no.The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "6.65 percent Government Stock, 2009" for an aggregate amount of Rs.5,000 crore under MSS : Auction to be held on June 6, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(I)-W&M/2007 dated June 4, 2007 and the tender notice issued by you, I/we, the undersigned he
ਜੂਨ 04, 2007
Tender for Non Competitive Bids - 6.65 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a)For office use onlyRegn no.The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "6.65 per cent Government Stock 2009" for an aggregate amount of Rs.250 crore: Auction to be held on June 6, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification No F.
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a)For office use onlyRegn no.The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "6.65 per cent Government Stock 2009" for an aggregate amount of Rs.250 crore: Auction to be held on June 6, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification No F.
ਜੂਨ 04, 2007
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure Scheme for Non-competitive Bidding Facility inthe Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount w
Annexure Scheme for Non-competitive Bidding Facility inthe Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount w
ਜੂਨ 01, 2007
RBI Notification
Ref.No .IDMD / 5406 /08.02.33/2006-07 June 1, 2007 All Scheduled Commercial Banks excluding RRBs/ All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers Dear Sirs, Auction of Government of India Dated Securities Government of India have offered to sell (re-issue) “7.49 per cent Government Stock 2017” for a notified amount of Rs. 6,000 crore (nominal) through a price based auction using
Ref.No .IDMD / 5406 /08.02.33/2006-07 June 1, 2007 All Scheduled Commercial Banks excluding RRBs/ All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers Dear Sirs, Auction of Government of India Dated Securities Government of India have offered to sell (re-issue) “7.49 per cent Government Stock 2017” for a notified amount of Rs. 6,000 crore (nominal) through a price based auction using
ਜੂਨ 01, 2007
GOI Notification - 7.49 per cent
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the June 1, 2007 NOTIFICATION Auction for Sale (Re-issue ) of ‘7.49 per cent Government Stock, 2017’ F. No.4 (5)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.49 per cent Government Stock, 2017’(hereinafter called 'the Stock') for an aggregate amount of Rs. 6,000 crore (nominal). The sale will be subject to the terms and conditions spelt out i
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the June 1, 2007 NOTIFICATION Auction for Sale (Re-issue ) of ‘7.49 per cent Government Stock, 2017’ F. No.4 (5)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.49 per cent Government Stock, 2017’(hereinafter called 'the Stock') for an aggregate amount of Rs. 6,000 crore (nominal). The sale will be subject to the terms and conditions spelt out i
ਜੂਨ 01, 2007
Tender for Competitive Bids - 7.49 per cent
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender
ਜੂਨ 01, 2007
Tender for Non - Competitive Bids - 7.49 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for “7.49 per cent Government Stock 2017” for an aggregate amount of Rs.300 crore: Auction to be held on June 5, 2007.
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for “7.49 per cent Government Stock 2017” for an aggregate amount of Rs.300 crore: Auction to be held on June 5, 2007.
ਜੂਨ 01, 2007
GOI Notification - 8.33 per cent
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the June 1, 2007 NOTIFICATION Auction for Sale (Re-issue ) of ‘8.33 per cent Government Stock, 2036’ F. No.4 (5)-W&M/2007(i): Government of India hereby notifies sale (re-issue) of ‘8.33 per cent Government Stock, 2036’(hereinafter called 'the Stock') for an aggregate amount of Rs. 3,000 crore (nominal). The sale will be subject to the terms and conditions spelt o
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the June 1, 2007 NOTIFICATION Auction for Sale (Re-issue ) of ‘8.33 per cent Government Stock, 2036’ F. No.4 (5)-W&M/2007(i): Government of India hereby notifies sale (re-issue) of ‘8.33 per cent Government Stock, 2036’(hereinafter called 'the Stock') for an aggregate amount of Rs. 3,000 crore (nominal). The sale will be subject to the terms and conditions spelt o
ਜੂਨ 01, 2007
Tender for Competitive Bids - 8.33 per cent
Annexure II For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for “8.33 percent Government Stock, 2036” for an aggregate amount of Rs.3,000 crore : Auction to be held on June 5, 2007 Pursuant
Annexure II For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for “8.33 percent Government Stock, 2036” for an aggregate amount of Rs.3,000 crore : Auction to be held on June 5, 2007 Pursuant
ਜੂਨ 01, 2007
Tender for Non Competitive Bids - 8.33 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure II (a) For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001.Dear Sir,Tender for Non-competitive Bids for “8.33 per cent Government Stock 2036” for an aggregate amount of Rs.150 crore: Auction to be held on June 5, 2007.
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure II (a) For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001.Dear Sir,Tender for Non-competitive Bids for “8.33 per cent Government Stock 2036” for an aggregate amount of Rs.150 crore: Auction to be held on June 5, 2007.
ਜੂਨ 01, 2007
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities I. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on “non-competitive” basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities I. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on “non-competitive” basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
ਜੂਨ 01, 2007
Overseas Direct Investment - Rationalisation of Forms
RBI/2006-2007/426 A. P. (DIR Series) Circular No. 68 @@NBSP@@June 01, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Overseas Direct Investment - Rationalisation of Forms Attention of Authorised Dealer Category-I (AD Category - I) banks is invited to Notification No.FEMA120/RB-2004 dated July 7, 2004, [Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2000] as amended from time to time. 2. At present, application for
RBI/2006-2007/426 A. P. (DIR Series) Circular No. 68 @@NBSP@@June 01, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Overseas Direct Investment - Rationalisation of Forms Attention of Authorised Dealer Category-I (AD Category - I) banks is invited to Notification No.FEMA120/RB-2004 dated July 7, 2004, [Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2000] as amended from time to time. 2. At present, application for
ਜੂਨ 01, 2007
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR
RBI/2006-2007/425 A. P. (DIR Series) Circular No.67 June 01, 2007 To, All Authorised Dealer Category - I 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. 23 dated December 18, 2006, wherein the rupee value of the special currency basket was indicated as Rs. 58.6627 effec
RBI/2006-2007/425 A. P. (DIR Series) Circular No.67 June 01, 2007 To, All Authorised Dealer Category - I 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. 23 dated December 18, 2006, wherein the rupee value of the special currency basket was indicated as Rs. 58.6627 effec
ਮਈ 31, 2007
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Amendment) Regulations, 2007
Reserve Bank of India Foreign Exchange Department Central Office Mumbai- 400 001 @@NBSP@@ Notification No. FEMA. 153/2007-RB Dated@@NBSP@@ May 31, 2007 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Amendment) Regulations, 2007 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),@@NBSP@@@@NBSP@@ the Reserve Bank of Ind
Reserve Bank of India Foreign Exchange Department Central Office Mumbai- 400 001 @@NBSP@@ Notification No. FEMA. 153/2007-RB Dated@@NBSP@@ May 31, 2007 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Amendment) Regulations, 2007 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),@@NBSP@@@@NBSP@@ the Reserve Bank of Ind
ਮਈ 31, 2007
Remittance on winding up of companies
RBI/2006-2007/422 A.P. (DIR Series) Circular No.65May 31, 2007 To All Category - I Authorised Dealer banks Madam / Sir, Remittance on winding up of companiesAttention of Authorised Dealer Category – I (AD Category – I) banks is invited to Regulation 3 of Notification No. FEMA 13/2000-RB dated 3rd May 2000 Foreign Exchange Management (Remittance of Assets) Regulations, 2000, in terms of which unless otherwise provided in the Act or rules or regulations no person whethe
RBI/2006-2007/422 A.P. (DIR Series) Circular No.65May 31, 2007 To All Category - I Authorised Dealer banks Madam / Sir, Remittance on winding up of companiesAttention of Authorised Dealer Category – I (AD Category – I) banks is invited to Regulation 3 of Notification No. FEMA 13/2000-RB dated 3rd May 2000 Foreign Exchange Management (Remittance of Assets) Regulations, 2000, in terms of which unless otherwise provided in the Act or rules or regulations no person whethe
ਮਈ 31, 2007
Risk Management and Inter-Bank Dealings - Commodity Hedging
RBI/2006-2007/423A.P. (DIR Series) Circular No.66May 31, 2007 To All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter-Bank Dealings - Commodity HedgingAttention of Authorised Dealer Category – I (AD Category – I) banks is invited to Regulation 6 of Notification No.FEMA.25/RB-2000 dated May 3, 2000, as amended from time to time and A.P. (DIR Series) Circular No.03 dated July 23, 2005. Currently, residents in India are permitted, with prior ap
RBI/2006-2007/423A.P. (DIR Series) Circular No.66May 31, 2007 To All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter-Bank Dealings - Commodity HedgingAttention of Authorised Dealer Category – I (AD Category – I) banks is invited to Regulation 6 of Notification No.FEMA.25/RB-2000 dated May 3, 2000, as amended from time to time and A.P. (DIR Series) Circular No.03 dated July 23, 2005. Currently, residents in India are permitted, with prior ap
ਮਈ 25, 2007
Operation of NRO Account by Power of Attorney Holder
RBI/2006-2007/419A. P. (DIR Series) Circular No. 64May 25, 2007 To,All Category - I Authorised Dealer banks / Authorised banksMadam / Sir, Foreign Exchange Management (Deposit) Regulations, 2000-Operation of NRO account by Power of Attorney Holder Attention of Authorised Dealer Category I (AD Category – I) banks and authorised banks (the banks) is invited to paragraph No.7 of Schedule 3 to Notification No. FEMA 5/2000-RB dated May 3, 2000 viz., Foreign Exchange Manage
RBI/2006-2007/419A. P. (DIR Series) Circular No. 64May 25, 2007 To,All Category - I Authorised Dealer banks / Authorised banksMadam / Sir, Foreign Exchange Management (Deposit) Regulations, 2000-Operation of NRO account by Power of Attorney Holder Attention of Authorised Dealer Category I (AD Category – I) banks and authorised banks (the banks) is invited to paragraph No.7 of Schedule 3 to Notification No. FEMA 5/2000-RB dated May 3, 2000 viz., Foreign Exchange Manage
ਮਈ 25, 2007
Import of Equipments by BPO Companies in India for International Call Centre
RBI/2006-2007/418A. P. (DIR Series) Circular No. 63May 25, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Import of Equipments by BPO Companies in India for International Call Centre Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to paragraph A.10.1 of the Annexure to A.P. (DIR Series) Circular No.106 dated June 19, 2003, in terms of which, it is obligatory on the part of the AD Category - I banks through whom the remittanc
RBI/2006-2007/418A. P. (DIR Series) Circular No. 63May 25, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Import of Equipments by BPO Companies in India for International Call Centre Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to paragraph A.10.1 of the Annexure to A.P. (DIR Series) Circular No.106 dated June 19, 2003, in terms of which, it is obligatory on the part of the AD Category - I banks through whom the remittanc
ਮਈ 25, 2007
UCBs - Wire Transfers
RBI/2006-2007/415UBD. CO. BPD (PCB) No. 45 / 12.05.001/2006-07May 25 , 2007Chief Executive Officers, All Primary (Urban) Co-operative BanksDear Sir,Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) – Wire TransfersBanks use wire transfers as an expeditious method for transferring funds between bank accounts. Wire transfers include transactions occurring within the national boundaries of a country or from
RBI/2006-2007/415UBD. CO. BPD (PCB) No. 45 / 12.05.001/2006-07May 25 , 2007Chief Executive Officers, All Primary (Urban) Co-operative BanksDear Sir,Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) – Wire TransfersBanks use wire transfers as an expeditious method for transferring funds between bank accounts. Wire transfers include transactions occurring within the national boundaries of a country or from
ਮਈ 24, 2007
Payment towards Cash Calls for the purpose of Oil exploration in India
RBI/2006-2007/411 A. P. (DIR Series) Circular No. 61 @@NBSP@@May 24, 2007 To, All Category - I Authorised Dealer banks Madam / Sir, Payment towards Cash Calls for the purpose of Oil exploration in India @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ Authorised Dealer Category – I (AD Category – I) banks are aware that agreements are signed between the Ministry of Petroleum and Natural Gas with various consortia, both inland an
RBI/2006-2007/411 A. P. (DIR Series) Circular No. 61 @@NBSP@@May 24, 2007 To, All Category - I Authorised Dealer banks Madam / Sir, Payment towards Cash Calls for the purpose of Oil exploration in India @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ Authorised Dealer Category – I (AD Category – I) banks are aware that agreements are signed between the Ministry of Petroleum and Natural Gas with various consortia, both inland an
ਮਈ 24, 2007
Opening of Escrow / Special Accounts by Non-Resident Corporates for open offers / delisting / exit offers
RBI/2006-2007/413 A. P. (DIR Series) Circular No. 62 May 24, 2007 To, All Category - I Authorised Dealer banks Madam / Sir, Opening of Escrow / Special Accounts by Non-Resident Corporates for open offers / delisting / exit offers Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to Regulation 10 A (b) of Notification No. FEMA 20/2000-RB dated 3rd May, 2000 [Foreign Exchange Management (Transfer or Issue of Security by a Person Resident out
RBI/2006-2007/413 A. P. (DIR Series) Circular No. 62 May 24, 2007 To, All Category - I Authorised Dealer banks Madam / Sir, Opening of Escrow / Special Accounts by Non-Resident Corporates for open offers / delisting / exit offers Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to Regulation 10 A (b) of Notification No. FEMA 20/2000-RB dated 3rd May, 2000 [Foreign Exchange Management (Transfer or Issue of Security by a Person Resident out
ਮਈ 21, 2007
External Commercial Borrowings (ECB) - End-use and All-in-cost ceilings - Revised
RBI/2006-2007/409A. P. (DIR Series) Circular No. 60 May 21, 2007ToAll Category – I Authorised Dealer BanksMadam / Sir, External Commercial Borrowings (ECB) –End-use and All-in-cost ceilings - RevisedAttention of Authorised Dealers Category - I (AD Category – I) banks is invited to the A. P. (DIR Series) Circular No.5 dated August 1, 2005 on External Commercial Borrowings (ECB). A review of the ECB guidelines has been undertaken keeping in view the current macroeconomi
RBI/2006-2007/409A. P. (DIR Series) Circular No. 60 May 21, 2007ToAll Category – I Authorised Dealer BanksMadam / Sir, External Commercial Borrowings (ECB) –End-use and All-in-cost ceilings - RevisedAttention of Authorised Dealers Category - I (AD Category – I) banks is invited to the A. P. (DIR Series) Circular No.5 dated August 1, 2005 on External Commercial Borrowings (ECB). A review of the ECB guidelines has been undertaken keeping in view the current macroeconomi
ਮਈ 18, 2007
GOI Notification - 7.38 per cent
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the May 18, 2007 NOTIFICATION Auction for Sale (Re-issue ) of ‘7.38 per cent Government Stock, 2015’ F No.4(5)- W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.38 per cent Government Stock, 2015’(hereinafter called 'the Stock') for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the May 18, 2007 NOTIFICATION Auction for Sale (Re-issue ) of ‘7.38 per cent Government Stock, 2015’ F No.4(5)- W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.38 per cent Government Stock, 2015’(hereinafter called 'the Stock') for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions
ਮਈ 18, 2007
RBI Notification
Ref.No. IDMD / 5232 /08.02.33/2007-08 May 18, 2007 All Scheduled Commercial Banks excluding RRBs/ All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers Dear Sirs, Auction of Government of India Dated Securities Government of India have offered to sell (re-issue) “7.38 per cent Government Stock 2015” for a notified amount of Rs. 5,000 crore (nominal) through a price based auction using multi
Ref.No. IDMD / 5232 /08.02.33/2007-08 May 18, 2007 All Scheduled Commercial Banks excluding RRBs/ All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers Dear Sirs, Auction of Government of India Dated Securities Government of India have offered to sell (re-issue) “7.38 per cent Government Stock 2015” for a notified amount of Rs. 5,000 crore (nominal) through a price based auction using multi
ਮਈ 18, 2007
Complaints about Excessive Interest Charged by Banks-UCBs
RBI/2006-2007/404UBD.PCB.Cir.No.44/13.04.000/06-07May 18 , 2007The Chief Executive Officers of AllPrimary( Urban) Co-operative BanksDear Sir/Madam,Complaints about Excessive Interest Charged by Banks-UCBsPlease refer to paragraph 168 of the Annual Policy Statement for the year 2007-08 (copy enclosed). 2.@@NBSP@@The Reserve Bank and Banking Ombudsmans' offices have been receiving several complaints regarding levying of excessive interest and charges on certain loans an
RBI/2006-2007/404UBD.PCB.Cir.No.44/13.04.000/06-07May 18 , 2007The Chief Executive Officers of AllPrimary( Urban) Co-operative BanksDear Sir/Madam,Complaints about Excessive Interest Charged by Banks-UCBsPlease refer to paragraph 168 of the Annual Policy Statement for the year 2007-08 (copy enclosed). 2.@@NBSP@@The Reserve Bank and Banking Ombudsmans' offices have been receiving several complaints regarding levying of excessive interest and charges on certain loans an
ਮਈ 18, 2007
Tender for Competitive Bids - 7.38 per cent
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for “7.38 percent Government Stock, 2015” for an aggregate amount of Rs.5,000 crore : Auction to be held on May 25, 2007 Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Not
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for “7.38 percent Government Stock, 2015” for an aggregate amount of Rs.5,000 crore : Auction to be held on May 25, 2007 Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Not
ਮਈ 18, 2007
Tender for Non - Competitive Bids - 7.38 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for Non-competitive Bids for “7.38 per cent Government Stock 2015” for an aggregate amount of Rs.250 crore: Auction to be held on May 25, 2007. &nbs
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for Non-competitive Bids for “7.38 per cent Government Stock 2015” for an aggregate amount of Rs.250 crore: Auction to be held on May 25, 2007. &nbs
ਮਈ 18, 2007
GOI Notification - 8.35 per cent
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the May 18, 2007 NOTIFICATION Auction for Sale (Re-issue ) of ‘8.35 per cent Government Stock, 2022’ F. No.4 (5)-W&M/2007(i): Government of India hereby notifies sale (re-issue) of ‘8.35 per cent Government Stock, 2022’(hereinafter called 'the Stock') for an aggregate amount of Rs. 3,000 crore (nominal). The sale will be subject to the terms and conditions spelt o
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the May 18, 2007 NOTIFICATION Auction for Sale (Re-issue ) of ‘8.35 per cent Government Stock, 2022’ F. No.4 (5)-W&M/2007(i): Government of India hereby notifies sale (re-issue) of ‘8.35 per cent Government Stock, 2022’(hereinafter called 'the Stock') for an aggregate amount of Rs. 3,000 crore (nominal). The sale will be subject to the terms and conditions spelt o
ਮਈ 18, 2007
Tender for Competitive Bids - 8.35 per cent
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for “8.35 percent Government Stock, 2022” for an aggregate amount of Rs.3,000 crore : Auction to be held on May 25, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Not
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for “8.35 percent Government Stock, 2022” for an aggregate amount of Rs.3,000 crore : Auction to be held on May 25, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Not
ਮਈ 18, 2007
Tender for Non Competitive Bids - 8.35 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a) For office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "8.35 per cent Government Stock 2022" for an aggregate amount of Rs.150 crore: Auction to be held on May 25, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a) For office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "8.35 per cent Government Stock 2022" for an aggregate amount of Rs.150 crore: Auction to be held on May 25, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.
ਮਈ 18, 2007
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
ਮਈ 18, 2007
Uniform Period of 180 days prescribed for surrendering recieved /realized/unspent foreign exchange
RBI/2006-2007/402 A. P. (DIR Series) Circular No. 58 May 18, 2007 To,All Persons Authorised to Deal in Foreign ExchangeMadam / Sir, Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2000 @@NBSP@@ Attention of Authorised Persons in foreign exchange is invited to Regulations 5 and 6 of Notification No. FEMA 9/2000-RB dated May 3, 2000, as amended from time to time (the Notification), in terms of which different period
RBI/2006-2007/402 A. P. (DIR Series) Circular No. 58 May 18, 2007 To,All Persons Authorised to Deal in Foreign ExchangeMadam / Sir, Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2000 @@NBSP@@ Attention of Authorised Persons in foreign exchange is invited to Regulations 5 and 6 of Notification No. FEMA 9/2000-RB dated May 3, 2000, as amended from time to time (the Notification), in terms of which different period
ਮਈ 18, 2007
Investment by Navaratna PSUs in unincorporated entities in oil sector abroad
RBI/2006-2007/403 A. P. (DIR Series) Circular No. 59May 18, 2007To,All Category - I Authorised Dealer Banks Madam / Sir,Investment by Navaratna Public Sector Undertakings (PSUs) in unincorporated entities in oil sector abroadAuthorised Dealer Category - I (AD Category - I) banks are aware that investment in the oil sector (i.e. for exploration and drilling for oil and natural gas, etc.) in an unincorporated entity overseas by an Indian party requires prior approval of
RBI/2006-2007/403 A. P. (DIR Series) Circular No. 59May 18, 2007To,All Category - I Authorised Dealer Banks Madam / Sir,Investment by Navaratna Public Sector Undertakings (PSUs) in unincorporated entities in oil sector abroadAuthorised Dealer Category - I (AD Category - I) banks are aware that investment in the oil sector (i.e. for exploration and drilling for oil and natural gas, etc.) in an unincorporated entity overseas by an Indian party requires prior approval of
ਮਈ 18, 2007
Repatriation of maturity proceeds of FCNR(B) deposits
RBI/2006-2007/401A. P. (DIR Series) Circular No. 57May 18, 2007 To,All Category - I Authorised Dealer banks and Authorised banksMadam / Sir, Foreign Exchange Management (Deposit) Regulations, 2000-Repatriation of maturity proceeds of FCNR(B) deposits Attention of Authorised Dealer Category - I (AD Category – I) and authorised banks is invited to paragraph 11 of Schedule 2 to Notification No. FEMA 5/2000-RB dated May 3, 2000, as amended from time to time, in terms of w
RBI/2006-2007/401A. P. (DIR Series) Circular No. 57May 18, 2007 To,All Category - I Authorised Dealer banks and Authorised banksMadam / Sir, Foreign Exchange Management (Deposit) Regulations, 2000-Repatriation of maturity proceeds of FCNR(B) deposits Attention of Authorised Dealer Category - I (AD Category – I) and authorised banks is invited to paragraph 11 of Schedule 2 to Notification No. FEMA 5/2000-RB dated May 3, 2000, as amended from time to time, in terms of w
ਮਈ 15, 2007
Foreign Exchange Management (Remittance of Assets) (Amendment) Regulations, 2007
Notification No.FEMA. 152@@NBSP@@ /2007- RB May 15, 2007 Foreign Exchange Management (Remittance of Assets) (Amendment) Regulations, 2007 In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999),@@NBSP@@@@NBSP@@ the Reserve Bank of India hereby makes the following amendments in the Foreign Exchange Management (@@NBSP@@ Remittance of Assets)@@NBSP@@ Regulations, 2000 (Notification No.FEMA.13/2000-RB dated 3rd May 2000)
Notification No.FEMA. 152@@NBSP@@ /2007- RB May 15, 2007 Foreign Exchange Management (Remittance of Assets) (Amendment) Regulations, 2007 In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999),@@NBSP@@@@NBSP@@ the Reserve Bank of India hereby makes the following amendments in the Foreign Exchange Management (@@NBSP@@ Remittance of Assets)@@NBSP@@ Regulations, 2000 (Notification No.FEMA.13/2000-RB dated 3rd May 2000)
ਮਈ 11, 2007
Tender for Non - Competitive Bids - 7.55 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "7.55 per cent Government Stock 2010" for an aggregate amount of Rs.300 crore: Auction to be held on May 16, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification N
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "7.55 per cent Government Stock 2010" for an aggregate amount of Rs.300 crore: Auction to be held on May 16, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification N
ਮਈ 11, 2007
GOI Notification - 7.55 per cent
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, May 11, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.55 per cent Government Stock, 2010’under Market Stabilisation SchemeF. No. 4 (1)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.55 per cent Government Stock, 2010’ for an aggregate amount of Rs.6,000 crore (nominal) under the Market Stabilisation Scheme. The sale will be subject to the ter
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, May 11, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.55 per cent Government Stock, 2010’under Market Stabilisation SchemeF. No. 4 (1)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.55 per cent Government Stock, 2010’ for an aggregate amount of Rs.6,000 crore (nominal) under the Market Stabilisation Scheme. The sale will be subject to the ter
ਮਈ 11, 2007
Tender for Competitive Bids - 7.55 per cent
Annexure I For office use onlyRegn noThe Regional Director,Reserve Bank of India,.Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "7.55 percent Government Stock, 2010" for an aggregate amount of Rs.6,000 crore under MSS : Auction to be held on May 16, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(I)-W&M/2007 dated May 11, 2007 and the tender notice issued by you, I/we, the undersigned h
Annexure I For office use onlyRegn noThe Regional Director,Reserve Bank of India,.Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "7.55 percent Government Stock, 2010" for an aggregate amount of Rs.6,000 crore under MSS : Auction to be held on May 16, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(I)-W&M/2007 dated May 11, 2007 and the tender notice issued by you, I/we, the undersigned h
ਮਈ 11, 2007
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
ਮਈ 10, 2007
Issue of ACU Dollar accounting statements
RBI/2006-2007/392 A. P. (DIR Series) Circular No. 56 May 10, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Issue of ACU Dollar accounting statements Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the Memorandum of Procedure for channelling transactions through Asian Clearing Union (ACU), April 2003. 2. In tune with international best practices and to avoid reconciliation problems, AD Category - I banks are advised to
RBI/2006-2007/392 A. P. (DIR Series) Circular No. 56 May 10, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Issue of ACU Dollar accounting statements Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the Memorandum of Procedure for channelling transactions through Asian Clearing Union (ACU), April 2003. 2. In tune with international best practices and to avoid reconciliation problems, AD Category - I banks are advised to
ਮਈ 09, 2007
NRD-CSR Application Package upgraded to Version 3.0
RBI/2006-2007/386 A. P. (DIR Series) Circular No. 55 May 09, 2007 To,All Banks Authorised to Deal in Foreign ExchangeMadam / Sir,Upgradation of Non-Resident Deposits–Comprehensive Single Return (NRD-CSR)- Version 2.1(R) to Version 3.0Attention of banks maintaining Non-Resident Deposit (NRD) Accounts is invited to A. P. (DIR Series) Circular No. 99 dated April 30, 2003, in terms of which the data on Non-Resident Deposits is required to be submitted in the CSR format on
RBI/2006-2007/386 A. P. (DIR Series) Circular No. 55 May 09, 2007 To,All Banks Authorised to Deal in Foreign ExchangeMadam / Sir,Upgradation of Non-Resident Deposits–Comprehensive Single Return (NRD-CSR)- Version 2.1(R) to Version 3.0Attention of banks maintaining Non-Resident Deposit (NRD) Accounts is invited to A. P. (DIR Series) Circular No. 99 dated April 30, 2003, in terms of which the data on Non-Resident Deposits is required to be submitted in the CSR format on
ਮਈ 09, 2007
UCBs - Proforma for Submission of Quarterly Returns revised
RBI/2006-2007/387 UBD.CO.LS. Cir. No./ 43 /07.01.000/2006-07 May@@NBSP@@ 9, 2007 Vaishakha 7, 1929 (S) The Chief Executive Officers of All Primary (Urban ) Co-operative Banks Dear Sir / Madam Section 23 of Banking Regulation Act, 1949@@NBSP@@ (AACS) – Branch Banking Statistics-Submission of Quarterly Returns- Revision of Proformae I & II With a view to streamlining and updating the system of compilation of branch banking data, maintained by the Department of Stati
RBI/2006-2007/387 UBD.CO.LS. Cir. No./ 43 /07.01.000/2006-07 May@@NBSP@@ 9, 2007 Vaishakha 7, 1929 (S) The Chief Executive Officers of All Primary (Urban ) Co-operative Banks Dear Sir / Madam Section 23 of Banking Regulation Act, 1949@@NBSP@@ (AACS) – Branch Banking Statistics-Submission of Quarterly Returns- Revision of Proformae I & II With a view to streamlining and updating the system of compilation of branch banking data, maintained by the Department of Stati
ਮਈ 08, 2007
Liberalised Remittance Scheme for Resident Individuals- Enhancement of limit from USD 50,000 to USD 100,000
RBI/2006-2007/379 A. P. (DIR Series) Circular No. 51 May 08 , 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Liberalised Remittance Scheme for Resident Individuals- Enhancement of limit from USD 50,000 to USD 100,000 Attention of Authorised Dealer Category I (AD – Category I) banks is invited to A. P. (DIR Series) Circular No. 64 dated February 4, 2004 and A. P. (DIR Series) Circular No. 24 dated December 20, 2006 on the Liberalised Remittance Scheme f
RBI/2006-2007/379 A. P. (DIR Series) Circular No. 51 May 08 , 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Liberalised Remittance Scheme for Resident Individuals- Enhancement of limit from USD 50,000 to USD 100,000 Attention of Authorised Dealer Category I (AD – Category I) banks is invited to A. P. (DIR Series) Circular No. 64 dated February 4, 2004 and A. P. (DIR Series) Circular No. 24 dated December 20, 2006 on the Liberalised Remittance Scheme f
ਮਈ 08, 2007
Booking of Forward Contracts Based on Past Performance
RBI/2006-2007/380A.P. (DIR Series) Circular No. 52May 08, 2007To, All Authorised Dealer Category - I BanksMadam / Sir,Booking of Forward Contracts Based on Past PerformanceAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to A. P. (DIR Series) Circular No.19@@NBSP@@dated January 24, 2002, A. P. (DIR Series) Circular No. 63@@NBSP@@dated December 21, 2002, A. P. (DIR Series) Circular No. 26 dated November 1, 2004 and A. P. (DIR Series) Circu
RBI/2006-2007/380A.P. (DIR Series) Circular No. 52May 08, 2007To, All Authorised Dealer Category - I BanksMadam / Sir,Booking of Forward Contracts Based on Past PerformanceAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to A. P. (DIR Series) Circular No.19@@NBSP@@dated January 24, 2002, A. P. (DIR Series) Circular No. 63@@NBSP@@dated December 21, 2002, A. P. (DIR Series) Circular No. 26 dated November 1, 2004 and A. P. (DIR Series) Circu
ਮਈ 08, 2007
Overseas Investment by Mutual Funds - Liberalisation
RBI/2006-2007/381A. P. (DIR Series) Circular No. 53May 08, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Overseas Investment by Mutual Funds - LiberalisationAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to Regulation 6C and Regulation 26 of Notification No.FEMA120/RB-2004 dated July 7, 2004, [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004] as amended from time to time (the Notifi
RBI/2006-2007/381A. P. (DIR Series) Circular No. 53May 08, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Overseas Investment by Mutual Funds - LiberalisationAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to Regulation 6C and Regulation 26 of Notification No.FEMA120/RB-2004 dated July 7, 2004, [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004] as amended from time to time (the Notifi
ਮਈ 08, 2007
Reporting Mechanism- Data of Authorised Dealer Category Branches
RBI/2006-2007/382A. P. (DIR Series) Circular No. 54May 08, 2007 To.All Category – I Authorised Dealer Banks Madam / Sir, Reporting Mechanism- Data of Authorised Dealer Category BranchesIn terms of the extant instructions, the Authorised Dealer Category - I (AD Category - I) banks are required to furnish the following information to the Central Office of the Reserve Bank of India and its Regional offices concerned :i) An up-to-date list of all its offices/branches whic
RBI/2006-2007/382A. P. (DIR Series) Circular No. 54May 08, 2007 To.All Category – I Authorised Dealer Banks Madam / Sir, Reporting Mechanism- Data of Authorised Dealer Category BranchesIn terms of the extant instructions, the Authorised Dealer Category - I (AD Category - I) banks are required to furnish the following information to the Central Office of the Reserve Bank of India and its Regional offices concerned :i) An up-to-date list of all its offices/branches whic
ਮਈ 07, 2007
GOI Notification - 7.55 per cent
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, May 7, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.55 per cent Government Stock, 2010’ under Market Stabilisation SchemeF. No. 4 (1)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.55 per cent Government Stock, 2010’ for an aggregate amount of Rs.2,000 crore (nominal) under the Market Stabilisation Scheme. The sale will be subject to the ter
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, May 7, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.55 per cent Government Stock, 2010’ under Market Stabilisation SchemeF. No. 4 (1)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.55 per cent Government Stock, 2010’ for an aggregate amount of Rs.2,000 crore (nominal) under the Market Stabilisation Scheme. The sale will be subject to the ter
ਮਈ 07, 2007
Tender for Competitive Bids - 7.55 per cent
Annexure I For office use onlyRegn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "7.55 percent Government Stock, 2010" for an aggregate amount of Rs.2,000 crore under MSS : Auction to be held on May 9, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(I)-W&M/2007 dated May 7, 2007 and the tender notice issued by you, I/we, the undersigned he
Annexure I For office use onlyRegn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "7.55 percent Government Stock, 2010" for an aggregate amount of Rs.2,000 crore under MSS : Auction to be held on May 9, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(I)-W&M/2007 dated May 7, 2007 and the tender notice issued by you, I/we, the undersigned he
ਮਈ 07, 2007
Tender for Non - Competitive Bids - 7.55 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a)For office use onlyRegn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001.Dear Sir,Tender for Non-competitive Bids for "7.55 per cent Government Stock 2010 for an aggregate amount of Rs.100 crore: Auction to be held on May 9, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification No F.No
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a)For office use onlyRegn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001.Dear Sir,Tender for Non-competitive Bids for "7.55 per cent Government Stock 2010 for an aggregate amount of Rs.100 crore: Auction to be held on May 9, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification No F.No
ਮਈ 07, 2007
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
ਮਈ 07, 2007
Undertaking Insurance business-UCBs
RBI/2006-2007/376 UBD.PCB.Cir.No. 42 /09.11.200/06-07May 7, 2007.The Chief Executive Officer of AllPrimary (Urban) Co-operatives Banks.Dear Sir/MadamAnnual Policy Statement for the Year 2007-08 -Undertaking Insurance business-UCBs.Please refer to para 211 of the Annual Policy Statement 2007-08 (copy enclosed).2. In terms of our circular UBD.BPD.PCB.Cir.No 35/09.112.00/04-05 dated January 24, 2005, all scheduled UCBs having a minimum net worth of Rs.50 crore were permi
RBI/2006-2007/376 UBD.PCB.Cir.No. 42 /09.11.200/06-07May 7, 2007.The Chief Executive Officer of AllPrimary (Urban) Co-operatives Banks.Dear Sir/MadamAnnual Policy Statement for the Year 2007-08 -Undertaking Insurance business-UCBs.Please refer to para 211 of the Annual Policy Statement 2007-08 (copy enclosed).2. In terms of our circular UBD.BPD.PCB.Cir.No 35/09.112.00/04-05 dated January 24, 2005, all scheduled UCBs having a minimum net worth of Rs.50 crore were permi
ਮਈ 04, 2007
Tender for Non Competitive Bids - 8.33 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure II (a) For office use only Regn no.The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "8.33 per cent Government Stock 2036" for an aggregate amount of Rs.200 crore: Auction to be held on May 11, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification No
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure II (a) For office use only Regn no.The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "8.33 per cent Government Stock 2036" for an aggregate amount of Rs.200 crore: Auction to be held on May 11, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification No
ਮਈ 04, 2007
Tender for Competitive Bids - 7.55 per cent
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. @@NBSP@@ @@NBSP@@ Dear Sir, @@NBSP@@ Tender for repurchase of "7.55 percent Government Stock, 2010" for an aggregate amount of Rs.3,000 crore under MSS: Auction to be held on January 29, 2009. @@NBSP@@ @@NBSP@@ Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No. 4(6)-W&M/2008 dated Jan
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. @@NBSP@@ @@NBSP@@ Dear Sir, @@NBSP@@ Tender for repurchase of "7.55 percent Government Stock, 2010" for an aggregate amount of Rs.3,000 crore under MSS: Auction to be held on January 29, 2009. @@NBSP@@ @@NBSP@@ Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No. 4(6)-W&M/2008 dated Jan
ਮਈ 04, 2007
Risk Weight on Housing Loans - UCBs
RBI/2006-2007/373 UBD. PCB.Cir No. 40/ 13.05.000/ 2006-07May 4, 2007The Chief Executive Officers ofAll Primary (Urban) Co-operative Banks Dear Sir/MadamAnnual Policy Statement for the Year 2007-08Residential Housing Loans: Reduction of Risk Weight-UCBs Please refer to para 184 of the Annual Policy Statement for the year 2007-08 (copy enclosed).2. In terms of our circular UBD.PCB.Cir.33/09.116.00/04-05 dated January 5, 2005 the risk weights on housing loans to individu
RBI/2006-2007/373 UBD. PCB.Cir No. 40/ 13.05.000/ 2006-07May 4, 2007The Chief Executive Officers ofAll Primary (Urban) Co-operative Banks Dear Sir/MadamAnnual Policy Statement for the Year 2007-08Residential Housing Loans: Reduction of Risk Weight-UCBs Please refer to para 184 of the Annual Policy Statement for the year 2007-08 (copy enclosed).2. In terms of our circular UBD.PCB.Cir.33/09.116.00/04-05 dated January 5, 2005 the risk weights on housing loans to individu
ਮਈ 04, 2007
RBI Notification
Ref.No .IDMD / 4907 /08.02.33/2006-07May 4, 2007 All Scheduled Commercial Banks excluding RRBs/All State Co-operative Banks/All Scheduled Primary(Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers Dear Sirs,Auction of Government of India Dated Securities Government of India have offered to sell (re-issue) "7.49 per cent Government Stock 2017" for a notified amount of Rs. 6,000 crore (nominal) through a price based auction using multiple price me
Ref.No .IDMD / 4907 /08.02.33/2006-07May 4, 2007 All Scheduled Commercial Banks excluding RRBs/All State Co-operative Banks/All Scheduled Primary(Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers Dear Sirs,Auction of Government of India Dated Securities Government of India have offered to sell (re-issue) "7.49 per cent Government Stock 2017" for a notified amount of Rs. 6,000 crore (nominal) through a price based auction using multiple price me
ਮਈ 04, 2007
GOI Notification - 7.49 per cent
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, the May 4, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.49 per cent Government Stock, 2017’F. No.4 (5)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.49 per cent Government Stock, 2017’(hereinafter called 'the Stock') for an aggregate amount of Rs. 6,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, the May 4, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.49 per cent Government Stock, 2017’F. No.4 (5)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.49 per cent Government Stock, 2017’(hereinafter called 'the Stock') for an aggregate amount of Rs. 6,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this
ਮਈ 04, 2007
Tender for Competitive Bids - 7.49 per cent
Annexure I For office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "7.49 percent Government Stock, 2017" for an aggregate amount of Rs.6,000 crore : Auction to be held on May 11, 2007 Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(5)-W&M/2007 dated May 4, 2007 and the tender notice issued by you, I/we, the undersigned hereby offe
Annexure I For office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "7.49 percent Government Stock, 2017" for an aggregate amount of Rs.6,000 crore : Auction to be held on May 11, 2007 Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(5)-W&M/2007 dated May 4, 2007 and the tender notice issued by you, I/we, the undersigned hereby offe
ਮਈ 04, 2007
Tender for Non - Competitive Bids - 7.49 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a)For office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "7.49 per cent Government Stock 2017" for an aggregate amount of Rs.300 crore: Auction to be held on May 11, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.N
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a)For office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "7.49 per cent Government Stock 2017" for an aggregate amount of Rs.300 crore: Auction to be held on May 11, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.N
ਮਈ 04, 2007
GOI Notification - 8.33 per cent
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division)New Delhi, the May 4, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘8.33 per cent Government Stock, 2036’F. No.4 (5)-W&M/2007(i): Government of India hereby notifies sale (re-issue) of ‘8.33 per cent Government Stock, 2036’(hereinafter called 'the Stock') for an aggregate amount of Rs. 4,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in th
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division)New Delhi, the May 4, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘8.33 per cent Government Stock, 2036’F. No.4 (5)-W&M/2007(i): Government of India hereby notifies sale (re-issue) of ‘8.33 per cent Government Stock, 2036’(hereinafter called 'the Stock') for an aggregate amount of Rs. 4,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in th
ਮਈ 04, 2007
Tender for Competitive Bids - 8.33 per cent
Annexure IIFor office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "8.33 percent Government Stock, 2036" for an aggregate amount of Rs.4,000 crore : Auction to be held on May 11, 2007 Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(5)-W&M/2007(i) dated May 4, 2007 and the tender notice issued by you, I/we, the undersigned hereby o
Annexure IIFor office use only Regn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for "8.33 percent Government Stock, 2036" for an aggregate amount of Rs.4,000 crore : Auction to be held on May 11, 2007 Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(5)-W&M/2007(i) dated May 4, 2007 and the tender notice issued by you, I/we, the undersigned hereby o
ਮਈ 04, 2007
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government SecuritiesI. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
ਮਈ 04, 2007
Overseas Investment by Venture Capital Funds (VCFs)
RBI/2006-2007/375 A. P. (DIR Series) Circular No.50 @@NBSP@@May 04, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Overseas Investment by Venture Capital Funds (VCFs) Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to para 2 of A. P. (DIR Series) Circular No. 49 dated April 30, 2007 on Overseas Investment by Indian Venture Capital Funds (VCFs). 2. It is clarified that Domestic Venture Capital Funds registered with SEBI, h
RBI/2006-2007/375 A. P. (DIR Series) Circular No.50 @@NBSP@@May 04, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Overseas Investment by Venture Capital Funds (VCFs) Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to para 2 of A. P. (DIR Series) Circular No. 49 dated April 30, 2007 on Overseas Investment by Indian Venture Capital Funds (VCFs). 2. It is clarified that Domestic Venture Capital Funds registered with SEBI, h
ਮਈ 04, 2007
RBI asks UCBs not to deal with 918 defaulted companies following Patna High Court Order
RBI/2006-2007/374UBD. CO. BPD. (PCB). No. 41/12.05.001 /2006-07May 4, 2007CEOs of AllPrimary (Urban) Co-operative BanksDear Sir / MadamIn the High Court of Judicature at Patna –CWJC No. 13422 of 2006 –Council for the Protection of Public Rights and welfarevs. Union of India and Others – RegardingWe have to advise you that the Hon'ble Patna High Court vide its order dated 10 April 2007 in the captioned matter has directed the Reserve Bank of India to direct all the ban
RBI/2006-2007/374UBD. CO. BPD. (PCB). No. 41/12.05.001 /2006-07May 4, 2007CEOs of AllPrimary (Urban) Co-operative BanksDear Sir / MadamIn the High Court of Judicature at Patna –CWJC No. 13422 of 2006 –Council for the Protection of Public Rights and welfarevs. Union of India and Others – RegardingWe have to advise you that the Hon'ble Patna High Court vide its order dated 10 April 2007 in the captioned matter has directed the Reserve Bank of India to direct all the ban
ਅਪ੍ਰੈ 30, 2007
Loans Extended against Gold and Silver Ornaments- Reduction of Risk Weight-UCBs
RBI/2006-2007/362 UBD (PCB).Cir.No.39 /13.05.000/06-07 April 30, 2007. The Chief Executives of All Primary( Urban) Cooperative Banks Dear Sir/Madam, Annual Policy Statement for the Year 2007-08- Loans Extended against Gold and Silver Ornaments- Reduction of Risk Weight-UCBs Please refer paragraph 151 of the Annual Policy Statement for the year 2007-08. (Copy enclosed). 2. In terms of our @@NBSP@@circular UBD.PCB.Cir.33/09.116.00/04-05 dated January 5, 2005, the risk w
RBI/2006-2007/362 UBD (PCB).Cir.No.39 /13.05.000/06-07 April 30, 2007. The Chief Executives of All Primary( Urban) Cooperative Banks Dear Sir/Madam, Annual Policy Statement for the Year 2007-08- Loans Extended against Gold and Silver Ornaments- Reduction of Risk Weight-UCBs Please refer paragraph 151 of the Annual Policy Statement for the year 2007-08. (Copy enclosed). 2. In terms of our @@NBSP@@circular UBD.PCB.Cir.33/09.116.00/04-05 dated January 5, 2005, the risk w
ਅਪ੍ਰੈ 30, 2007
Remittance towards donation by Corporates - Liberalisation
RBI/2006-2007/366 A. P. (DIR Series) Circular No. 45 April 30, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Remittance towards donation by Corporates - Liberalisation Attention of Authorised Dealer Category-I (AD Category - I) banks is invited to Foreign Exchange Management (Current Account Transactions) Rules, 2000 (the Rules) notified vide Notification No. G.S.R.381(E) da
RBI/2006-2007/366 A. P. (DIR Series) Circular No. 45 April 30, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Remittance towards donation by Corporates - Liberalisation Attention of Authorised Dealer Category-I (AD Category - I) banks is invited to Foreign Exchange Management (Current Account Transactions) Rules, 2000 (the Rules) notified vide Notification No. G.S.R.381(E) da
ਅਪ੍ਰੈ 30, 2007
External Commercial Borrowings (ECB)
RBI/2006-2007/365 A. P. (DIR Series) Circular No. 44 April 30, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the A. P. (DIR Series) Circular No.17 dated December 4, 2006 relating to External Commercial Borrowings (ECB) and to the announcement made in the Annual Policy statement for the year 2007-08 (para 136). 2. With a view to provid
RBI/2006-2007/365 A. P. (DIR Series) Circular No. 44 April 30, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the A. P. (DIR Series) Circular No.17 dated December 4, 2006 relating to External Commercial Borrowings (ECB) and to the announcement made in the Annual Policy statement for the year 2007-08 (para 136). 2. With a view to provid
ਅਪ੍ਰੈ 30, 2007
Remittance for consultancy services - Liberalisation
RBI/2006-2007/367A. P. (DIR Series) Circular No.46April 30, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Remittance for consultancy services - LiberalisationAttention of Authorised Dealer Category-I (AD Category-I) banks is invited to Foreign Exchange Management (Current Account Transactions) Rules, 2000 notified vide Notification No. G.S.R.381(E) dated 4th May 2000, as amende
RBI/2006-2007/367A. P. (DIR Series) Circular No.46April 30, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Remittance for consultancy services - LiberalisationAttention of Authorised Dealer Category-I (AD Category-I) banks is invited to Foreign Exchange Management (Current Account Transactions) Rules, 2000 notified vide Notification No. G.S.R.381(E) dated 4th May 2000, as amende
ਅਪ੍ਰੈ 30, 2007
Opening of foreign currency accounts in India by ship-manning / crew-management agencies
RBI/2006-2007/369 A. P. (DIR Series) Circular No. 48April 30, 2007To,All Category - I Authorised Dealer BanksMadam / Sir,Opening of foreign currency accounts in Indiaby ship-manning / crew-management agenciesAttention of Authorised Dealer Category-I (AD Category - I) banks is invited to Regulation 6 of Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2000 notified vide Notification No. FEMA 10/2000-RB dated May 3, 2000
RBI/2006-2007/369 A. P. (DIR Series) Circular No. 48April 30, 2007To,All Category - I Authorised Dealer BanksMadam / Sir,Opening of foreign currency accounts in Indiaby ship-manning / crew-management agenciesAttention of Authorised Dealer Category-I (AD Category - I) banks is invited to Regulation 6 of Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2000 notified vide Notification No. FEMA 10/2000-RB dated May 3, 2000
ਅਪ੍ਰੈ 30, 2007
Overseas Investment by Venture Capital Funds (VCFs)
RBI/2006-2007/370 A. P. (DIR Series) Circular No. 49April 30, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Overseas Investment by Venture Capital Funds (VCFs) Reserve Bank of India, in consultation with the Securities and Exchange Board of India (SEBI), has decided to permit Indian Venture Capital Funds (VCFs), registered with SEBI, to invest in equity and equity-linked instruments of off-shore venture capital undertakings, subject to an overall limit o
RBI/2006-2007/370 A. P. (DIR Series) Circular No. 49April 30, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Overseas Investment by Venture Capital Funds (VCFs) Reserve Bank of India, in consultation with the Securities and Exchange Board of India (SEBI), has decided to permit Indian Venture Capital Funds (VCFs), registered with SEBI, to invest in equity and equity-linked instruments of off-shore venture capital undertakings, subject to an overall limit o
ਅਪ੍ਰੈ 30, 2007
Reimbursement of pre-incorporation expenses - Liberalisation
RBI/2006-2007/368 A. P. (DIR Series) Circular No. 47April 30, 2007 To, All Category - I Authorised Dealer BanksMadam / Sir,Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Reimbursement of pre-incorporation expenses - LiberalisationAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to Foreign Exchange Management (Current Account Transactions) Rules, 2000 notified vide Notification No. G.S.R.381(E) dated 4th May
RBI/2006-2007/368 A. P. (DIR Series) Circular No. 47April 30, 2007 To, All Category - I Authorised Dealer BanksMadam / Sir,Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Reimbursement of pre-incorporation expenses - LiberalisationAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to Foreign Exchange Management (Current Account Transactions) Rules, 2000 notified vide Notification No. G.S.R.381(E) dated 4th May
ਅਪ੍ਰੈ 30, 2007
Income recognition, asset classification and provisioning norms-UCBs
RBI/2006-2007/361 UBD. PCB.Cir No. 38/ 09.14.000/ 2006-07 April 30, 2007 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam Annual Policy Statement for the year 2007-08- Income recognition, asset classification @@NBSP@@and provisioning norms-UCBs Please refer to paragraph 210 of the Annual Policy Statement for the year 2007-08 (copy enclosed). 2. @@NBSP@@In terms of our circular UBD.PCB.Cir.21 /12.05.05/2004-05 dated September 27, 20
RBI/2006-2007/361 UBD. PCB.Cir No. 38/ 09.14.000/ 2006-07 April 30, 2007 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam Annual Policy Statement for the year 2007-08- Income recognition, asset classification @@NBSP@@and provisioning norms-UCBs Please refer to paragraph 210 of the Annual Policy Statement for the year 2007-08 (copy enclosed). 2. @@NBSP@@In terms of our circular UBD.PCB.Cir.21 /12.05.05/2004-05 dated September 27, 20
ਅਪ੍ਰੈ 26, 2007
Interest Rates on NRE Deposits - UCBs
RBI/2006-2007/354UBD (PCB) CO BPD Cir No: 37/13.01.000/2006-07April 26, 2007Chief Executive Officer ofAll Primary (urban) Cooperative Banks Dear Sir/Madam,Interest Rates on Non-Resident (External) Rupee (NRE) Deposits - UCBsPlease refer to paragraphs 114 and 116 of the Annual Policy Statement for the year 2007-08 announced by Governor on April 24, 2007 (copy of the paragraphs enclosed).2. Interest Rate on Non-Resident (External) Rupee (NRE) DepositsPlease refer to par
RBI/2006-2007/354UBD (PCB) CO BPD Cir No: 37/13.01.000/2006-07April 26, 2007Chief Executive Officer ofAll Primary (urban) Cooperative Banks Dear Sir/Madam,Interest Rates on Non-Resident (External) Rupee (NRE) Deposits - UCBsPlease refer to paragraphs 114 and 116 of the Annual Policy Statement for the year 2007-08 announced by Governor on April 24, 2007 (copy of the paragraphs enclosed).2. Interest Rate on Non-Resident (External) Rupee (NRE) DepositsPlease refer to par
ਅਪ੍ਰੈ 26, 2007
EXIM Bank’s Line of Credit to Government of Republic of Sudan
RBI/2006-2007/350 A.P. (DIR Series) Circular No. 43 April 26, 2007 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit (LOC) of USD 48 million to the Government of the Republic of Sudan Export-Import Bank of India (Exim Bank) has concluded an agreement dated February 12, 2007 with Government of the Republic of Sudan, making available to the latter, a Line of Credit (LOC)
RBI/2006-2007/350 A.P. (DIR Series) Circular No. 43 April 26, 2007 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit (LOC) of USD 48 million to the Government of the Republic of Sudan Export-Import Bank of India (Exim Bank) has concluded an agreement dated February 12, 2007 with Government of the Republic of Sudan, making available to the latter, a Line of Credit (LOC)
ਅਪ੍ਰੈ 25, 2007
Maintenance of CRR on Exempted Categories - UCBs
RBI/2006-2007/347Ref: UBD (PCB) Cir.No./6/12.03.000/2006-07April 25, 2007The Chief Executive Officers ofAll Scheduled Primary (Urban) Co-operative BanksDear Sir/Madam,Maintenance of Cash Reserve Ratio (CRR) on Exempted CategoriesPlease refer to our Circular RBI/2006-07/272 UBD (PCB) Cir. No. 4/12.03.000/2006-07 dated March 01, 2007 on the captioned subject. Consequent upon the notification of Section 3 of the Reserve Bank of India (Amendment) Act, 2006, as coming into
RBI/2006-2007/347Ref: UBD (PCB) Cir.No./6/12.03.000/2006-07April 25, 2007The Chief Executive Officers ofAll Scheduled Primary (Urban) Co-operative BanksDear Sir/Madam,Maintenance of Cash Reserve Ratio (CRR) on Exempted CategoriesPlease refer to our Circular RBI/2006-07/272 UBD (PCB) Cir. No. 4/12.03.000/2006-07 dated March 01, 2007 on the captioned subject. Consequent upon the notification of Section 3 of the Reserve Bank of India (Amendment) Act, 2006, as coming into
ਅਪ੍ਰੈ 25, 2007
Maintenance of CRR - UCBs
RBI/2006-2007/348Ref: UBD (PCB).No./7/12.03.000/2006-07April 25, 2007The Chief Executive Officers ofAll Scheduled Primary (Urban) Co-operative BanksDear Sir,Section 42(1) of Reserve Bank of India Act, 1934-Maintenance of Cash Reserve Ratio (CRR) Please refer to our Circulars RBI/2006-2007/271 UBD(PCB)No3/12.03.000/2006-07 dated March 01, 2007 and RBI/2006-2007/311 UBD (PCB) Cir. No.5/12.03.000/2006-07 dated April 05, 2007 on the captioned subject. Government of India
RBI/2006-2007/348Ref: UBD (PCB).No./7/12.03.000/2006-07April 25, 2007The Chief Executive Officers ofAll Scheduled Primary (Urban) Co-operative BanksDear Sir,Section 42(1) of Reserve Bank of India Act, 1934-Maintenance of Cash Reserve Ratio (CRR) Please refer to our Circulars RBI/2006-2007/271 UBD(PCB)No3/12.03.000/2006-07 dated March 01, 2007 and RBI/2006-2007/311 UBD (PCB) Cir. No.5/12.03.000/2006-07 dated April 05, 2007 on the captioned subject. Government of India
ਅਪ੍ਰੈ 24, 2007
Annual Policy Statement for the Year 2007-08 by Dr. Y. Venugopal Reddy, Governor, Reserve Bank of India
This Statement consists of two parts: Part I. Annual Statement on Monetary Policy for the Year 2007-08 and Part II. Annual Statement on Developmental and Regulatory Policies for the Year 2007-08. An analytical review of macroeconomic and monetary developments was issued a day in advance as a supplement to Part I of this Statement, providing the necessary information and technical analysis with the help of charts and tables.2.The Annual Statement on Monetary Policy wil
This Statement consists of two parts: Part I. Annual Statement on Monetary Policy for the Year 2007-08 and Part II. Annual Statement on Developmental and Regulatory Policies for the Year 2007-08. An analytical review of macroeconomic and monetary developments was issued a day in advance as a supplement to Part I of this Statement, providing the necessary information and technical analysis with the help of charts and tables.2.The Annual Statement on Monetary Policy wil
ਅਪ੍ਰੈ 23, 2007
Overseas Foreign Currency Borrowings by Authorised Dealer Banks
RBI/2006-2007/338A. P. (DIR Series) Circular No. 42April 23, 2007To,All Category - I Authorised Dealer BanksMadam / Sir,Overseas Foreign Currency Borrowings by Authorised Dealer Banks Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the announcement made on October 31, 2006, in the Mid Term Review of the Annual Policy for the year 2006-07 regarding overseas foreign currency borrowings by Authorised Dealer Banks (para 97 - annexed).2. I
RBI/2006-2007/338A. P. (DIR Series) Circular No. 42April 23, 2007To,All Category - I Authorised Dealer BanksMadam / Sir,Overseas Foreign Currency Borrowings by Authorised Dealer Banks Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the announcement made on October 31, 2006, in the Mid Term Review of the Annual Policy for the year 2006-07 regarding overseas foreign currency borrowings by Authorised Dealer Banks (para 97 - annexed).2. I
ਅਪ੍ਰੈ 20, 2007
RBI - Notification
Ref.No.IDMD/3787/08.02.33/2006-07 April 20, 2007 All Scheduled Commercial Banks excluding RRBs/ All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers Dear Sirs, Auction of Government of India Dated Securities Government of India have offered to sell (re-issue) “8.07 per cent Government Stock 2017” for a notified amount of Rs. 6,000 crore (nominal) through a price based auction using multiple pric
Ref.No.IDMD/3787/08.02.33/2006-07 April 20, 2007 All Scheduled Commercial Banks excluding RRBs/ All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers Dear Sirs, Auction of Government of India Dated Securities Government of India have offered to sell (re-issue) “8.07 per cent Government Stock 2017” for a notified amount of Rs. 6,000 crore (nominal) through a price based auction using multiple pric
ਅਪ੍ਰੈ 20, 2007
GOI Notification - 8.07 Per cent
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the April 20, 2007 NOTIFICATIONAuction for Sale (Re-issue ) of ‘8.07 per cent Government Stock, 2017’F. No.4 (5)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘8.07 per cent Government Stock, 2017’(hereinafter called 'the Stock') for an aggregate amount of Rs. 6,000 crore (nominal). The sale will be subject to the terms and conditions spelt out i
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the April 20, 2007 NOTIFICATIONAuction for Sale (Re-issue ) of ‘8.07 per cent Government Stock, 2017’F. No.4 (5)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘8.07 per cent Government Stock, 2017’(hereinafter called 'the Stock') for an aggregate amount of Rs. 6,000 crore (nominal). The sale will be subject to the terms and conditions spelt out i
ਅਪ੍ਰੈ 20, 2007
Tender for competitive Bids - 8.07 per cent
Annexure I For office use only Regn no.The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001.Dear Sir,Tender for “8.07 percent Government Stock, 2017” for an aggregate amount of Rs.6,000 crore : Auction to be held on April 27, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(5)-W&M/2007 dated April
Annexure I For office use only Regn no.The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001.Dear Sir,Tender for “8.07 percent Government Stock, 2017” for an aggregate amount of Rs.6,000 crore : Auction to be held on April 27, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(5)-W&M/2007 dated April
ਅਪ੍ਰੈ 20, 2007
Tender for Non-competitive Bids - 8.07 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a) For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for “8.07 per cent Government Stock 2017” for an aggregate amount of Rs.300 crore: Auction to be held on April 27, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notificat
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I (a) For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for “8.07 per cent Government Stock 2017” for an aggregate amount of Rs.300 crore: Auction to be held on April 27, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notificat
ਅਪ੍ਰੈ 20, 2007
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities I. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on “non-competitive” basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities I. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on “non-competitive” basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
ਅਪ੍ਰੈ 20, 2007
Overseas Direct Investment- Rationalisation
RBI/2006-2007/337A. P. (DIR Series) Circular No. 41April 20, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Overseas Direct Investment- RationalisationAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to Notification No.FEMA120/RB-2004 dated July 7, 2004, [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004 as amended from time to time (the Notification). In order to rationalise the existi
RBI/2006-2007/337A. P. (DIR Series) Circular No. 41April 20, 2007To, All Category - I Authorised Dealer BanksMadam / Sir,Overseas Direct Investment- RationalisationAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to Notification No.FEMA120/RB-2004 dated July 7, 2004, [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004 as amended from time to time (the Notification). In order to rationalise the existi
ਅਪ੍ਰੈ 20, 2007
Reporting under FDI Scheme - Revised Form FC-GPR
RBI/2006-2007/336 A. P. (DIR Series) Circular No.40April 20, 2007ToAll Category - I Authorised Dealer BanksMadam / Sir, Reporting under FDI Scheme - Revised Form FC-GPRAttention of Authorised Dealer Category-I (AD Category - I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20/2000-RB dated May 3, 2000 (the Notification), as amended from
RBI/2006-2007/336 A. P. (DIR Series) Circular No.40April 20, 2007ToAll Category - I Authorised Dealer BanksMadam / Sir, Reporting under FDI Scheme - Revised Form FC-GPRAttention of Authorised Dealer Category-I (AD Category - I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20/2000-RB dated May 3, 2000 (the Notification), as amended from
ਅਪ੍ਰੈ 19, 2007
Nomination Facility in Single Deposit Accounts - UCBs
RBI/2006-2007/330UBD.CO.BPD.Cir No: 36 /13.01.000/2006-0 April 19, 2007 ToThe Chief Executive Officers ofPrimary (Urban) Cooperative BanksDear Sir,Nomination Facility in Single Deposit Accounts - UCBs Please refer to Para 9 of our Circular UBD.BPD.Cir No: 4/13.01.00/2005-06 dated July 14, 2005 on the above subject wherein banks were advised to give wide publicity and provide guidance to deposit account holders on the benefits of nomination facility and the survivorshi
RBI/2006-2007/330UBD.CO.BPD.Cir No: 36 /13.01.000/2006-0 April 19, 2007 ToThe Chief Executive Officers ofPrimary (Urban) Cooperative BanksDear Sir,Nomination Facility in Single Deposit Accounts - UCBs Please refer to Para 9 of our Circular UBD.BPD.Cir No: 4/13.01.00/2005-06 dated July 14, 2005 on the above subject wherein banks were advised to give wide publicity and provide guidance to deposit account holders on the benefits of nomination facility and the survivorshi
ਅਪ੍ਰੈ 18, 2007
Credit flow to Micro, Small and Medium Enterprises Sector-UCBs
RBI/2006-2007/329 UBD. PCB.Cir.No 35 /09.09.001/06-07April 18, 2007The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/Madam,Credit flow to Micro, Small and Medium Enterprises Sector-UCBsPlease refer to Paragraph No.2 of our circular UBD.BPD.Cir.No.36/09.09.001/05-06 dated March 9, 2006 wherein the definition of Small and Medium Enterprise had been defined as under :'@@NBSP@@At present, a small scale industrial unit is an undertaking in which i
RBI/2006-2007/329 UBD. PCB.Cir.No 35 /09.09.001/06-07April 18, 2007The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/Madam,Credit flow to Micro, Small and Medium Enterprises Sector-UCBsPlease refer to Paragraph No.2 of our circular UBD.BPD.Cir.No.36/09.09.001/05-06 dated March 9, 2006 wherein the definition of Small and Medium Enterprise had been defined as under :'@@NBSP@@At present, a small scale industrial unit is an undertaking in which i
ਅਪ੍ਰੈ 17, 2007
Rounding off cheques to the nearest rupee - UCBs
RBI.No.2006-2007/324 UBD. CO. BPD. No. 34 /12.05.001/ 2006-07 April 17, 2007 All Primary (Urban) Co-operative Banks Dear Sirs, Rounding off cheques to the nearest rupee - UCBs Please refer to our circular UBD.PCB.35/DC.V.1-90/91 dated January 16, 1991 in terms of which banks were advised that all transactions, including payment of interest on deposits / charging of interest on advances, should be rounded off to the nearest rupee (fraction of 50 paise and above t
RBI.No.2006-2007/324 UBD. CO. BPD. No. 34 /12.05.001/ 2006-07 April 17, 2007 All Primary (Urban) Co-operative Banks Dear Sirs, Rounding off cheques to the nearest rupee - UCBs Please refer to our circular UBD.PCB.35/DC.V.1-90/91 dated January 16, 1991 in terms of which banks were advised that all transactions, including payment of interest on deposits / charging of interest on advances, should be rounded off to the nearest rupee (fraction of 50 paise and above t
ਅਪ੍ਰੈ 16, 2007
GOI Notification - 7.55 Per cent
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, the April 16, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.55 per cent Government Stock, 2010’ under Market Stabilisation SchemeF. No. 4(I)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.55 per cent Government Stock, 2010’ for an aggregate amount of Rs. 3,000 crore (nominal) under the Market Stabilisation Scheme. The sale will be subject to
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, the April 16, 2007NOTIFICATIONAuction for Sale (Re-issue ) of ‘7.55 per cent Government Stock, 2010’ under Market Stabilisation SchemeF. No. 4(I)-W&M/2007: Government of India hereby notifies sale (reissue) of ‘7.55 per cent Government Stock, 2010’ for an aggregate amount of Rs. 3,000 crore (nominal) under the Market Stabilisation Scheme. The sale will be subject to
ਅਪ੍ਰੈ 16, 2007
Tender for competitive Bids - 7.55 per cent
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for "7.55 percent Government Stock, 2010" for an aggregate amount of Rs.3,000 crore under MSS : Auction to be held on April 18, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No4(I)-W&M 2007 dated April 16, 2007 and the tender notice issued by you, I/we, the und
Annexure I For office use only Regn no. The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for "7.55 percent Government Stock, 2010" for an aggregate amount of Rs.3,000 crore under MSS : Auction to be held on April 18, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No4(I)-W&M 2007 dated April 16, 2007 and the tender notice issued by you, I/we, the und
ਅਪ੍ਰੈ 16, 2007
Tender for Non-competitive Bids - 7.55 per cent
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I(a)For office use onlyRegn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "7.55 per cent Government Stock 2010 for an aggregate amount of Rs.150 crore: Auction to be held on April 18, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification No F
(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)Annexure I(a)For office use onlyRegn no. The Regional Director,Reserve Bank of India,Public Debt Office,Fort,Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for "7.55 per cent Government Stock 2010 for an aggregate amount of Rs.150 crore: Auction to be held on April 18, 2007. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification No F
ਅਪ੍ਰੈ 16, 2007
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities I. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
Annexure Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities I. Scope : With a view to encouraging wider participation and retail holding of Government securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount
ਅਪ੍ਰੈ 16, 2007
Exim Bank's Line of Credit (LOC) of USD 11 million to the Government of the Republic of Senegal
RBI/2006-07/323 A.P. (DIR Series) Circular No. 39 April 16, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit (LOC) of USD 11 million to the Government of the Republic of Senegal Export-Import Bank of India (Exim Bank) has concluded an agreement dated January 15, 2007 with Government of the Republic of Senegal, making available to the latter, a Line of Credit (LOC) of USD 11 million (USD Eleven million only) for financing Indian
RBI/2006-07/323 A.P. (DIR Series) Circular No. 39 April 16, 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit (LOC) of USD 11 million to the Government of the Republic of Senegal Export-Import Bank of India (Exim Bank) has concluded an agreement dated January 15, 2007 with Government of the Republic of Senegal, making available to the latter, a Line of Credit (LOC) of USD 11 million (USD Eleven million only) for financing Indian
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