Notifications

RBI/2013-14/387 DBOD. No. Dir. BC.71/13.03.00/ 2013-14 November 29, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to our circular DBOD. Dir. BC. 40/13.03.00/2013-14 dated August 14, 2013 allowing banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in order to pass on the benefit of e

RBI/2013-14/388 DBOD. No.Dir.BC.73/13.03.00/2013-14 November 29, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Interest Rates on FCNR (B) Deposits Please refer to our circular DBOD. Dir. BC. 38/13.03.00/2013-14 dated August 14, 2013 advising interest rate ceilings on FCNR (B) deposits for maturity period of one year to less than three years and three to five years, respectively. In terms of para 4 thereof, these instructions are valid up to Novem

RBI/2013-14/381 DBOD. No. Dir. BC. 67/13.10.00/2013-14 November 26, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Charges Levied by Banks for Sending SMS Alerts Please refer to paragraph 37 of the Second Quarter Review of Monetary Policy Statement 2013-14 announced on October 29, 2013 (extract enclosed) on ‘Customer Service- Charges Levied by Banks for Sending SMS Alerts’. 2. In this connection, a reference is also invited to our circular DBOD.

RBI/2013-14/378 DBOD.BP.BC.No.66/08.12.014/2013-14 November 25, 2013 All Scheduled Commercial Banks (excluding RRBs) and All India Term-Lending and Refinancing Institutions (EXIM Bank, NABARD, NHB and SIDBI) Dear Sir, Financing of Infrastructure - Definition of 'Infrastructure Lending' Please refer to our circular DBOD.BP.BC.No.58/08.12.014/2012-13 dated November 20, 2012 on ‘Definition of Infrastructure Lending’ harmonising the RBI definition of Infrastructure Lendin

Ref.No. IDMD/1621/08.02.032/2013-14 November 25, 2013 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India have offered to sell (Re-issue) (a)“8.12 percent Government Stock 2020” for a notified amount of `3,000 crore (nominal) through a price based auction using uniform price metho

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated November 25, 2013 NOTIFICATION Auction for Sale (Re-issue) of ‘8.12 per cent Government Stock, 2020’ F. No.4 (2)-W&M/2013: Government of India hereby notifies sale (re-issue) of ‘8.12 per cent Government Stock, 2020’ (hereinafter called 'the Stock') for an aggregate amount of `3,000 crore (nominal). The sale will be subject to the terms and conditions spelt out

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated November 25, 2013 NOTIFICATION Auction for Sale (Re-issue) of ‘9.20 per cent Government Stock, 2030’ F. No.4 (2) W&M/2013(ii): Government of India hereby notifies sale (re- issue) of 9.20 Government Stock, 2030 (hereinafter called the Stock) for an aggregate amount of `2,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated November 25, 2013 NOTIFICATION Auction for Sale (Re-issue) of ‘8.83 per cent Government Stock, 2041’ F. No.4 (2) W&M/2013 (iii): Government of India hereby notifies sale (re-issue) of ‘8.83 per cent Government Stock, 2041’ (hereinafter called 'the Stock') for an aggregate amount of ` 3,000 crore (nominal). The sale will be subject to the terms and conditions spe

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated November 25, 2013 NOTIFICATION Auction for Sale (Re-issue) of ‘8.24 per cent Government Stock, 2027' F. No.4 (2)-W&M/2013(i): Government of India hereby notifies sale (reissue) of ‘8.24 per cent Government Stock, 2027’ (hereinafter called 'the Stock') for an aggregate amount of `6,000 crore (nominal). The sale will be subject to the terms and conditions spelt ou

RBI/2013-14/377 A.P. (DIR Series) Circular No. 77 November 22, 2013 To All Category - I Authorised Dealer Banks Madam / Sir Overseas Foreign Currency Borrowings by Authorised Dealer Banks Attention of AD category I banks is invited to AP (DIR Series) circulars no. 40 dated September 10, 2013 read with AP (DIR Series) Circular no. 61 dated October 10, 2013 in terms of which they were permitted to borrow from international/multilateral financial institutions up to 100 p