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ఏప్రి 02, 2004
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 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 will
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 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 will
ఏప్రి 02, 2004
Tender for Non-competitive Bids for "6.18 per cent Government Stock 2005"
Tender for Non-competitive Bids(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only The Regional Director,Reserve Bank of India,  Regn no. Public Debt Office, Fort, Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for '6.18 per cent Government Stock 2005' for an aggregate amount of Rs.250 crore: Auction to be held on April 6, 2004. Pursuant to Government of India, Ministry of Finance, Depa
Tender for Non-competitive Bids(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only The Regional Director,Reserve Bank of India,  Regn no. Public Debt Office, Fort, Mumbai - 400 001. Dear Sir,Tender for Non-competitive Bids for '6.18 per cent Government Stock 2005' for an aggregate amount of Rs.250 crore: Auction to be held on April 6, 2004. Pursuant to Government of India, Ministry of Finance, Depa
ఏప్రి 02, 2004
Tender for "6.18 percent Government Stock, 2005"
Annexure I For office use only The Regional Director, Reserve Bank of India, Regn no.  Public Debt Office, Fort,Mumbai - 400 001. Dear Sir, Tender for '6.18 percent Government Stock, 2005' for an aggregate amount of Rs.5,000 crore under MSS : Auction to be held on April 6,2004. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No4(1)-W&M 2004 dated April 2, 2004 and the tender notice issued by you, I/we, the u
Annexure I For office use only The Regional Director, Reserve Bank of India, Regn no.  Public Debt Office, Fort,Mumbai - 400 001. Dear Sir, Tender for '6.18 percent Government Stock, 2005' for an aggregate amount of Rs.5,000 crore under MSS : Auction to be held on April 6,2004. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No4(1)-W&M 2004 dated April 2, 2004 and the tender notice issued by you, I/we, the u
ఏప్రి 02, 2004
Auction for Sale (Re-issue) of ‘6.18 per cent Government Stock, 2005’ under Market Stabilisation Scheme
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, the April 2, 2004 NOTIFICATION Auction for Sale (Re-issue) of ‘6.18 per cent Government Stock, 2005’ under Market Stabilisation Scheme F. No. 4(1)-W&M/2004: Government of India hereby notifies sale (reissue) of ‘6.18 per cent Government Stock, 2005’ under Market Stabilisation Scheme for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, the April 2, 2004 NOTIFICATION Auction for Sale (Re-issue) of ‘6.18 per cent Government Stock, 2005’ under Market Stabilisation Scheme F. No. 4(1)-W&M/2004: Government of India hereby notifies sale (reissue) of ‘6.18 per cent Government Stock, 2005’ under Market Stabilisation Scheme for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the
ఏప్రి 02, 2004
Auction of Government of India Dated Securities under Market Stabilisation Scheme (MSS)
RBI/2004/134ARef.No. IDMD.4652 /08.01.24/2003-04 April 2, 2004 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 under Market Stabilisation Scheme (MSS)Government of India have offered to sell (re-issue) of '6.18 percent Government Stock 2005' for a notified amount of Rs.5,000 crore (nominal
RBI/2004/134ARef.No. IDMD.4652 /08.01.24/2003-04 April 2, 2004 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 under Market Stabilisation Scheme (MSS)Government of India have offered to sell (re-issue) of '6.18 percent Government Stock 2005' for a notified amount of Rs.5,000 crore (nominal
ఏప్రి 02, 2004
Procedure for Collection of Taxes at Bank Branches - Customer Service
RBI/2004/135DGBA.GAD.No.1142 /42.01.001/2003-04 April 2, 2004The Chief Executive OfficerAll Agency Banks (as per list)Dear Sir,Procedure for Collection of Taxes at Bank Branches - Customer Service Please refer to "Accounting System for Direct Taxes" (Pink Booklet) wherein detailed instructions were laid down for collection and accounting of Income and other Direct Taxes and payments of Income Tax Refund Orders (ITROs) by the branches of Public Sector Banks. It is obse
RBI/2004/135DGBA.GAD.No.1142 /42.01.001/2003-04 April 2, 2004The Chief Executive OfficerAll Agency Banks (as per list)Dear Sir,Procedure for Collection of Taxes at Bank Branches - Customer Service Please refer to "Accounting System for Direct Taxes" (Pink Booklet) wherein detailed instructions were laid down for collection and accounting of Income and other Direct Taxes and payments of Income Tax Refund Orders (ITROs) by the branches of Public Sector Banks. It is obse
ఏప్రి 01, 2004
Maintenance of CSGL accounts
RESERVE BANK OF INDIA CENTRAL OFFICE URBAN BANKS DEPARTMENT 1ST FLOOR, GARMENT HOUSE WORLI, MUMBAI- 400 018 RBI/2004/ 134 BPD.PCB Cir. 42 /09.11.00/2003-04 April 1, 2004 The Chief Executive Officers of All Primary (Urban) Co-operative Banks   Dear Sir/Madam, Maintenance of CSGL accounts. Please refer to our Circular UBD No. BPD.PCB.Cir. 33 / 09.11.00/2003-04 dated February 11, 2004 advising UCBs to close the Constituent Subsidiary General Ledger (CSGL) Accounts o
RESERVE BANK OF INDIA CENTRAL OFFICE URBAN BANKS DEPARTMENT 1ST FLOOR, GARMENT HOUSE WORLI, MUMBAI- 400 018 RBI/2004/ 134 BPD.PCB Cir. 42 /09.11.00/2003-04 April 1, 2004 The Chief Executive Officers of All Primary (Urban) Co-operative Banks   Dear Sir/Madam, Maintenance of CSGL accounts. Please refer to our Circular UBD No. BPD.PCB.Cir. 33 / 09.11.00/2003-04 dated February 11, 2004 advising UCBs to close the Constituent Subsidiary General Ledger (CSGL) Accounts o
మార్చి 26, 2004
Know Your Customer Guidelines-Compliance
RBI/2004/ 119 UBD.BPD. PCB. Cir 41 /09.161.00/2003-04 March 26, 2004   The Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir, "Know Your Customer" Guidelines-Compliance Please refer to our circular UBD No. DS.PCB. Cir 17/13.01.00/2002-03 dated September 18, 2002 on " Know Your Customer Guidelines" to be followed by banks. 2. In this connection, we invite your attention to para 3 of the circular wherein you were advised that banks should
RBI/2004/ 119 UBD.BPD. PCB. Cir 41 /09.161.00/2003-04 March 26, 2004   The Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir, "Know Your Customer" Guidelines-Compliance Please refer to our circular UBD No. DS.PCB. Cir 17/13.01.00/2002-03 dated September 18, 2002 on " Know Your Customer Guidelines" to be followed by banks. 2. In this connection, we invite your attention to para 3 of the circular wherein you were advised that banks should
మార్చి 24, 2004
Repayment of 9% Relief Bonds, 1999
Circular No RBI (2004 ) 114 No.CO.DT.13.04.137/H.5269 /2003-04 March 24, 2004 Chaitra 4, 1926 (S) The General Manager State Bank of India and Associate banks and 17 Nationalised banks The Managing Director ICICI/IDBI/HDFC/UTI Bank Ltd. Stock Holding Corporation of India Ltd. Dear Sir, Repayment of 9% Relief Bonds, 1999 Please refer to our letter dated May 3, 1999 regarding the implementation of Modified Scheme of 9% Relief Bonds, 1999. We advise that in terms of Gover
Circular No RBI (2004 ) 114 No.CO.DT.13.04.137/H.5269 /2003-04 March 24, 2004 Chaitra 4, 1926 (S) The General Manager State Bank of India and Associate banks and 17 Nationalised banks The Managing Director ICICI/IDBI/HDFC/UTI Bank Ltd. Stock Holding Corporation of India Ltd. Dear Sir, Repayment of 9% Relief Bonds, 1999 Please refer to our letter dated May 3, 1999 regarding the implementation of Modified Scheme of 9% Relief Bonds, 1999. We advise that in terms of Gover
మార్చి 24, 2004
Repayment of 9% Relief Bonds, 1999 - Annexure 1
ANNEXURE ILetter Head of the Agency Branch Ref No Date Shri/Smt/Kum _________________ Address ______________________ _____________________________ _____________________________ Madam / Dear Sir, Repayment of 9% Relief Bonds Scheme 1999 We advise that the investments made by you under the captioned scheme are due for repayment on maturity as shown below: BLA No. Date of Investment Amount invested Date of Maturity Interest Total Amount GRAND TOTAL 2. As per GOI Notifica
ANNEXURE ILetter Head of the Agency Branch Ref No Date Shri/Smt/Kum _________________ Address ______________________ _____________________________ _____________________________ Madam / Dear Sir, Repayment of 9% Relief Bonds Scheme 1999 We advise that the investments made by you under the captioned scheme are due for repayment on maturity as shown below: BLA No. Date of Investment Amount invested Date of Maturity Interest Total Amount GRAND TOTAL 2. As per GOI Notifica
మార్చి 24, 2004
Repayment of 9% Relief Bonds, 1999 - Annexure 1A
ANNEXURE I A Place: Date: From : ________________________ ______________________________ ______________________________ To The Regional Director Reserve Bank of India Public Debt Office _______________________________ Dear Sir, Repayment of 9% Relief Bonds Scheme 1999 I / We request and authorise that the following investment in my/our BLA under 9% Relief Bonds scheme 1999 may please be paid by credit to my/our SB /Current Account No. ______________________ with your
ANNEXURE I A Place: Date: From : ________________________ ______________________________ ______________________________ To The Regional Director Reserve Bank of India Public Debt Office _______________________________ Dear Sir, Repayment of 9% Relief Bonds Scheme 1999 I / We request and authorise that the following investment in my/our BLA under 9% Relief Bonds scheme 1999 may please be paid by credit to my/our SB /Current Account No. ______________________ with your
మార్చి 24, 2004
Repayment of 9% Relief Bonds, 1999 - Press Communiqué
PRESS COMMUNIQUE 9% Relief Bonds, 1999 issued in terms of Government of India, Ministry of Finance Notification No. F.4(1)-W&M/99 dated 3-5-1999 , will mature for repayment with effect from May 03, 2004 . The holders may note that "no interest would be payable on the bonds after maturity " in terms of Government of India, Ministry of Finance, Notification No.F.4(5)-W&M /2002 dated 28th February 2003 . 2. To facilitate repayment of the above bonds on the due da
PRESS COMMUNIQUE 9% Relief Bonds, 1999 issued in terms of Government of India, Ministry of Finance Notification No. F.4(1)-W&M/99 dated 3-5-1999 , will mature for repayment with effect from May 03, 2004 . The holders may note that "no interest would be payable on the bonds after maturity " in terms of Government of India, Ministry of Finance, Notification No.F.4(5)-W&M /2002 dated 28th February 2003 . 2. To facilitate repayment of the above bonds on the due da
మార్చి 20, 2004
Concurrent Audit - Serious irregularities
RBI / 2004 / 111 UBD. No. BSD. IP. 39 /12.05.01/ 2003-2004 March 20 , 2004   The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Concurrent Audit – Serious irregularities Please refer to our circular UBD No. BPD.CIR. 37 /09.06.00 / 2002-03 dated March 6, 2003 advising all Urban Co-operative Banks to introduce concurrent audit. 2. We advise that if any serious irregularities are brought out in the Concurrent Audit Report by the Concurr
RBI / 2004 / 111 UBD. No. BSD. IP. 39 /12.05.01/ 2003-2004 March 20 , 2004   The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Concurrent Audit – Serious irregularities Please refer to our circular UBD No. BPD.CIR. 37 /09.06.00 / 2002-03 dated March 6, 2003 advising all Urban Co-operative Banks to introduce concurrent audit. 2. We advise that if any serious irregularities are brought out in the Concurrent Audit Report by the Concurr
మార్చి 19, 2004
Priority Sector Advances- Enhancement in SSI Investment limit for specified items
RBI/2004/110Ref No.UBD.CO. BPD. 38/09.09.01/2003-04 March 19, 2004 To All Urban Co-operative Banks Dear Sir, Priority Sector Advances- Enhancement in SSI Investment limit for specified items Please refer to our Circular No. UBD.POT. 40/09.09.01/2001-02 dated April 6, 2002 on the captioned subject. 2. We advise that Government of India have since issued a Gazette Notification No. S.O. 655(E) dated June 5, 2003 detailing the list of 13 items of the Stationery Sector and
RBI/2004/110Ref No.UBD.CO. BPD. 38/09.09.01/2003-04 March 19, 2004 To All Urban Co-operative Banks Dear Sir, Priority Sector Advances- Enhancement in SSI Investment limit for specified items Please refer to our Circular No. UBD.POT. 40/09.09.01/2001-02 dated April 6, 2002 on the captioned subject. 2. We advise that Government of India have since issued a Gazette Notification No. S.O. 655(E) dated June 5, 2003 detailing the list of 13 items of the Stationery Sector and
మార్చి 16, 2004
Discounting / Rediscounting of Bills by Banks
RBI/2004/101 UBD.No.BPD.PCB.Cir.37/13.05.00/2003-2004 March 16, 2004 The Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir, Discounting / Rediscounting of Bills by Banks Please refer to our circular UBD.No.PCB.11/DC.R.1(B)/92-93 dated September 17, 1992 on the above subject. 2. Banks may be aware that in December 1999, Reserve Bank of India (RBI) had constituted a Working Group on Discounting of Bills by Banks under the Chairmanship of Shri K
RBI/2004/101 UBD.No.BPD.PCB.Cir.37/13.05.00/2003-2004 March 16, 2004 The Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir, Discounting / Rediscounting of Bills by Banks Please refer to our circular UBD.No.PCB.11/DC.R.1(B)/92-93 dated September 17, 1992 on the above subject. 2. Banks may be aware that in December 1999, Reserve Bank of India (RBI) had constituted a Working Group on Discounting of Bills by Banks under the Chairmanship of Shri K
మార్చి 06, 2004
Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations 2004
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI - 400 001 Notification No.FEMA 112 /2004-RB Dated : 6th March 2004 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations 2004 In exercise of the powers conferred by clause (d) of sub-section 3 of Section 6 of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of Notification No.FEMA 3/2000-RB
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI - 400 001 Notification No.FEMA 112 /2004-RB Dated : 6th March 2004 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations 2004 In exercise of the powers conferred by clause (d) of sub-section 3 of Section 6 of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of Notification No.FEMA 3/2000-RB
ఫిబ్ర 27, 2004
Grant of advances against the security of Relief Bonds
RBI/2004/ 82 BPD.PCB.Cir. 36 /13.08.00/2003-04 February 27, 2004The Chief Executive Officers of all Primary (Urban) Co-operative BanksDear Sir,Grant of advances against the security of Relief BondsPlease refer to our circular UBD.No.PCB.82/DC.(13.08.00)/92-93 dated June 2, 1993 advising banks that they may sanction advances against the security of 10% Relief Bonds 1993 on the terms mentioned in paragraph 2 thereof.2. As you are aware, Government of India have from tim
RBI/2004/ 82 BPD.PCB.Cir. 36 /13.08.00/2003-04 February 27, 2004The Chief Executive Officers of all Primary (Urban) Co-operative BanksDear Sir,Grant of advances against the security of Relief BondsPlease refer to our circular UBD.No.PCB.82/DC.(13.08.00)/92-93 dated June 2, 1993 advising banks that they may sanction advances against the security of 10% Relief Bonds 1993 on the terms mentioned in paragraph 2 thereof.2. As you are aware, Government of India have from tim
ఫిబ్ర 27, 2004
Placement of deposits by Non-scheduled UCBs with strong Scheduled UCBs
RBI/2004/78 Ref. UBD No. BPD.PCB.Cir. 35 /13.05.00/2003-04. February 27, 2004   The Chief Executive Officers of all Primary (Urban) Co-operative Banks (UCBs) Dear Sir/Madam, Placement of deposits by Non-scheduled UCBs with strong Scheduled UCBs. Please refer to para 1(a) of our circular UBD No. BPD. PCB. Cir. 46 /16.20.00/ 2002-03 dated May 17, 2003 on the captioned subject. It has been decided to delete the following criteria for considering the scheduled urban
RBI/2004/78 Ref. UBD No. BPD.PCB.Cir. 35 /13.05.00/2003-04. February 27, 2004   The Chief Executive Officers of all Primary (Urban) Co-operative Banks (UCBs) Dear Sir/Madam, Placement of deposits by Non-scheduled UCBs with strong Scheduled UCBs. Please refer to para 1(a) of our circular UBD No. BPD. PCB. Cir. 46 /16.20.00/ 2002-03 dated May 17, 2003 on the captioned subject. It has been decided to delete the following criteria for considering the scheduled urban
ఫిబ్ర 27, 2004
Placement of deposits by Non-scheduled UCBs
RBI/2004/79 Ref. UBD. No. BPD.RCS..Cir. 4 /13.05.00/2003-04. February 27, 2004 The Registrar of Co-operative Societies/Central Registrar of Co-operative Societies Dear Sir, Placement of deposits by Non-scheduled UCBs with strong Scheduled UCBs. We forward herewith a copy of our circular UBD No. BPD. PCB. Cir. 46 /16.20.00/ 2002-03 dated May 17, 2003 issued to the urban Co-operative banks (UCBs) on the captioned subject. 2. The statutory audit of the urban co-operative
RBI/2004/79 Ref. UBD. No. BPD.RCS..Cir. 4 /13.05.00/2003-04. February 27, 2004 The Registrar of Co-operative Societies/Central Registrar of Co-operative Societies Dear Sir, Placement of deposits by Non-scheduled UCBs with strong Scheduled UCBs. We forward herewith a copy of our circular UBD No. BPD. PCB. Cir. 46 /16.20.00/ 2002-03 dated May 17, 2003 issued to the urban Co-operative banks (UCBs) on the captioned subject. 2. The statutory audit of the urban co-operative
ఫిబ్ర 25, 2004
Repayment of 12.50 per cent Government Stock, 2004 on March 23, 2004
No. CO.DT. 13.04.138/H.4603/2003-04 February 25, 2004Phalguna 6, 1925 (S) RBI/2004/76Repayment Circular No. 3 /2003 The Treasury Officers All Treasury Offices in India (Except in the State of Jammu & Kashmir and Sikkim) The Regional Director, Reserve Bank of India, Public Debt Office, Ahmedabad/Bangalore/Bhubaneswar/Chennai/Guwahati/Hyderabad/Jaipur/Kanpur/Kolkata/Fort, Mumbai-1/Nagpur/New Delhi/Patna/Thiruvananthapuram. The Chief Managers of the branches of State
No. CO.DT. 13.04.138/H.4603/2003-04 February 25, 2004Phalguna 6, 1925 (S) RBI/2004/76Repayment Circular No. 3 /2003 The Treasury Officers All Treasury Offices in India (Except in the State of Jammu & Kashmir and Sikkim) The Regional Director, Reserve Bank of India, Public Debt Office, Ahmedabad/Bangalore/Bhubaneswar/Chennai/Guwahati/Hyderabad/Jaipur/Kanpur/Kolkata/Fort, Mumbai-1/Nagpur/New Delhi/Patna/Thiruvananthapuram. The Chief Managers of the branches of State
ఫిబ్ర 25, 2004
Repayment of 11.57 per cent Government Stock, 2004 on March 25,2004
No. CO.DT. 13.04.139/H.4669 /2003-04February 25, 2004Phalguna 6, 1925 (S) RBI/2004/77Repayment Circular No.04 /2003 The Treasury Officers All Treasury Offices in India (Except in the State of Jammu & Kashmir and Sikkim) The Regional Director, Reserve Bank of India, Public Debt Office, Ahmedabad/Bangalore/Bhubaneswar/Chennai/Guwahati/Hyderabad/Jaipur/Kanpur/Kolkata/Fort, Mumbai-1/Nagpur/New Delhi/Patna/Thiruvananthapuram. The Chief Managers of the branches of State
No. CO.DT. 13.04.139/H.4669 /2003-04February 25, 2004Phalguna 6, 1925 (S) RBI/2004/77Repayment Circular No.04 /2003 The Treasury Officers All Treasury Offices in India (Except in the State of Jammu & Kashmir and Sikkim) The Regional Director, Reserve Bank of India, Public Debt Office, Ahmedabad/Bangalore/Bhubaneswar/Chennai/Guwahati/Hyderabad/Jaipur/Kanpur/Kolkata/Fort, Mumbai-1/Nagpur/New Delhi/Patna/Thiruvananthapuram. The Chief Managers of the branches of State
ఫిబ్ర 23, 2004
Opening of Currency Chests by public sector banks - Time limit for in-principle and final approvals
RBI/2004/71.DCM(CC)No.G- 28 / 03.02.01/2003-04. February 23, 2004 The Chief General Manager / General Manager / Deputy General Manager Reserve Bank of India Issue Department Ahmedabad/ Bangalore/ Belapur-Navi Mumbai/ Bhubaneshwar/ Bhopal/ Chandigarh/ Chennai/ Guwahati/ Hyderabad/ Jaipur/ Jammu/ Kanpur/ Kolkata/ Lucknow/ Mumbai/ Nagpur/ New Delhi/ Patna/ Thiruvananthapuram. Dear Sir, Opening of Currency Chests by public sector banks - Time limit for in-principle and fi
RBI/2004/71.DCM(CC)No.G- 28 / 03.02.01/2003-04. February 23, 2004 The Chief General Manager / General Manager / Deputy General Manager Reserve Bank of India Issue Department Ahmedabad/ Bangalore/ Belapur-Navi Mumbai/ Bhubaneshwar/ Bhopal/ Chandigarh/ Chennai/ Guwahati/ Hyderabad/ Jaipur/ Jammu/ Kanpur/ Kolkata/ Lucknow/ Mumbai/ Nagpur/ New Delhi/ Patna/ Thiruvananthapuram. Dear Sir, Opening of Currency Chests by public sector banks - Time limit for in-principle and fi
ఫిబ్ర 23, 2004
Application - "5.64 percent Government Stock, 2019" Competitive
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 "5.64 percent Government Stock, 2019" for an aggregate amount of Rs.5,000 crore : Auction to be held on February 26,2004. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No 4(8)-W&M/2003 dated February 23, 2004 and the tender notice issued by you, I/we
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 "5.64 percent Government Stock, 2019" for an aggregate amount of Rs.5,000 crore : Auction to be held on February 26,2004. Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No 4(8)-W&M/2003 dated February 23, 2004 and the tender notice issued by you, I/we
ఫిబ్ర 23, 2004
Application - "5.64 percent Government Stock, 2019" - Non Competitive
Tender for Non-competitive Bids (Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only Regn no. __________ @@NBSP@@ The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for Non-competitive Bids for "5.64 per cent Government Stock 2019" for an aggregate amount of Rs.250 crore: Auction to be held on February 26, 2004. Pursuant to Government of India, Mini
Tender for Non-competitive Bids (Scheme for Non-competitive Bidding Facility in Auctions of Government Securities) Annexure I (a) For office use only Regn no. __________ @@NBSP@@ The Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai - 400 001. Dear Sir, Tender for Non-competitive Bids for "5.64 per cent Government Stock 2019" for an aggregate amount of Rs.250 crore: Auction to be held on February 26, 2004. Pursuant to Government of India, Mini
ఫిబ్ర 23, 2004
Auction for Sale (Re-issue ) of ‘5.64 per cent Government Stock, 2019’
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, the February 23, 2004NOTIFICATIONAuction for Sale (Re-issue ) of ‘5.64 per cent Government Stock, 2019’ No.4(8)-W&M/2003 : Government of India hereby notifies sale (reissue) of ‘5.64 per cent Government Stock, 2019’ for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specif
GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, the February 23, 2004NOTIFICATIONAuction for Sale (Re-issue ) of ‘5.64 per cent Government Stock, 2019’ No.4(8)-W&M/2003 : Government of India hereby notifies sale (reissue) of ‘5.64 per cent Government Stock, 2019’ for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specif
ఫిబ్ర 23, 2004
Auction of Government of India Dated Securities
Ref.No. IDMD. 3958/08.02.31.01/2003-04 February 23, 2004 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 SecuritiesGovernment of India have offered to sell (re-issue) of "5.64 percent Government Stock 2019" for a notified amount of Rs.5,000 crore (nominal) through a price based auction using multiple
Ref.No. IDMD. 3958/08.02.31.01/2003-04 February 23, 2004 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 SecuritiesGovernment of India have offered to sell (re-issue) of "5.64 percent Government Stock 2019" for a notified amount of Rs.5,000 crore (nominal) through a price based auction using multiple
ఫిబ్ర 23, 2004
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 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 will
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 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 will
ఫిబ్ర 23, 2004
Text of Advertisement - Auction for sale (re-issue) of Government of India Stock (Securities)
Text of Advertisement Auction for sale (re-issue) of Government of India Stock (Securities) Government of India have offered to sell (re-issue) "5.64 percent Government Stock 2019" for a notified amount of Rs.5,000 crore through a price based auction using multiple price auction method. Securities will be issued for a minimum nominal amount of Rs.10,000/-and in multiples of Rs.10,000/- thereafter. The auction will be conducted by Reserve Bank of India (RBI), Mumbai Of
Text of Advertisement Auction for sale (re-issue) of Government of India Stock (Securities) Government of India have offered to sell (re-issue) "5.64 percent Government Stock 2019" for a notified amount of Rs.5,000 crore through a price based auction using multiple price auction method. Securities will be issued for a minimum nominal amount of Rs.10,000/-and in multiples of Rs.10,000/- thereafter. The auction will be conducted by Reserve Bank of India (RBI), Mumbai Of
ఫిబ్ర 23, 2004
Guidelines on investments by SCBs and DCCBs in Non-SLR Debt Securities - Circular (A) - Annexure
Prudential guidelines on management of the non-SLR investment portfolio by banks ANNEXURE Guidelines on investments by SCBs and DCCBs in Non-SLR Debt Securities Coverage These guidelines cover banks’ investments in Non-SLR debt instruments / securities issued by All-India Financial Institutions, and State and Central Government sponsored institutions, etc. The guidelines will apply to investments both in the primary market as well as the secondary market. However, the
Prudential guidelines on management of the non-SLR investment portfolio by banks ANNEXURE Guidelines on investments by SCBs and DCCBs in Non-SLR Debt Securities Coverage These guidelines cover banks’ investments in Non-SLR debt instruments / securities issued by All-India Financial Institutions, and State and Central Government sponsored institutions, etc. The guidelines will apply to investments both in the primary market as well as the secondary market. However, the
ఫిబ్ర 23, 2004
Guidelines on investments by SCBs and DCCBs in Non-SLR Debt Securities - Circular (B) - Annexure
ANNEX Guidelines on investments by RRBs in Non-SLR Debt Securities Coverage 1.These guidelines cover banks’ investments in Non-SLR debt instruments/ securities issued by corporates, banks, All-India Financial Institutions and State and Central Government sponsored institutions, etc. The guidelines will apply to investments both in the primary market as well as the secondary market. a) These guidelines apply to all types of bonds, including i. Capital gains bonds; ii.
ANNEX Guidelines on investments by RRBs in Non-SLR Debt Securities Coverage 1.These guidelines cover banks’ investments in Non-SLR debt instruments/ securities issued by corporates, banks, All-India Financial Institutions and State and Central Government sponsored institutions, etc. The guidelines will apply to investments both in the primary market as well as the secondary market. a) These guidelines apply to all types of bonds, including i. Capital gains bonds; ii.
ఫిబ్ర 14, 2004
Off-site Surveillance System for Primary (Urban) Co-operative Banks
RBI/2004/59UBD.No.OSS.SUB.Cir.3/18.00.00/2003-2004 February 14, 2004 The Chief Executive Officers of allScheduled Primary (Urban) Co-operative Banks Dear Sir,Off-site Surveillance System for Primary (Urban) Co-operative BanksA supervisory reporting system comprising 10 Off-site Surveillance (OSS) Returns was introduced for all Scheduled Primary (Urban) Co-operatives banks (Scheduled UCBs) with effect from March 31, 2001 vide our Circular UBD.No.BSD.I/SCB.4/12.05.01/20
RBI/2004/59UBD.No.OSS.SUB.Cir.3/18.00.00/2003-2004 February 14, 2004 The Chief Executive Officers of allScheduled Primary (Urban) Co-operative Banks Dear Sir,Off-site Surveillance System for Primary (Urban) Co-operative BanksA supervisory reporting system comprising 10 Off-site Surveillance (OSS) Returns was introduced for all Scheduled Primary (Urban) Co-operatives banks (Scheduled UCBs) with effect from March 31, 2001 vide our Circular UBD.No.BSD.I/SCB.4/12.05.01/20
ఫిబ్ర 13, 2004
Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) & Non-Resident (External) (NRE) Accounts
February 13,2004 DBOD No. Dir.BC. 68/13.03.00/2003-04 @@NBSP@@ Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident (External) (NRE) Accounts @@NBSP@@ In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 and in modification of the Master Directive No. DBOD. Dir. BC. 07/13.03.00/ 2001-02 dated August 11, 2001 as amended from time to time, the Reserve Bank of India, being satisfied that it is n
February 13,2004 DBOD No. Dir.BC. 68/13.03.00/2003-04 @@NBSP@@ Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident (External) (NRE) Accounts @@NBSP@@ In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 and in modification of the Master Directive No. DBOD. Dir. BC. 07/13.03.00/ 2001-02 dated August 11, 2001 as amended from time to time, the Reserve Bank of India, being satisfied that it is n
ఫిబ్ర 13, 2004
Amendment to Uniform Regulations and Rules for Bankers' Clearing Houses (URRBCH) - Addition of a new Regulation No.25
RBI/2004/57DIT(CO)No. H -1126/06.50.13/2003-2004 13 February 2004 All Clearing Houses managed by Reserve Bank of IndiaRegional Directors of RBI All MICR Cheque Processing CentresAll Public Sector Banks managing clearing housesDear SirAmendment to Uniform Regulations and Rules for Bankers' Clearing Houses (URRBCH) – Addition of a new Regulation No. 25The recent changes in the banking industry following liberalization has resulted in mergers and closures of various clea
RBI/2004/57DIT(CO)No. H -1126/06.50.13/2003-2004 13 February 2004 All Clearing Houses managed by Reserve Bank of IndiaRegional Directors of RBI All MICR Cheque Processing CentresAll Public Sector Banks managing clearing housesDear SirAmendment to Uniform Regulations and Rules for Bankers' Clearing Houses (URRBCH) – Addition of a new Regulation No. 25The recent changes in the banking industry following liberalization has resulted in mergers and closures of various clea
ఫిబ్ర 11, 2004
Maintenance of CSGL accounts
RESERVE BANK OF INDIA CENTRAL OFFICE MUMBAI- 400 018 URBAN BANKS DEPARTMENT February 11, 2004 RBI/2004/52 Ref.UBD No.BPD.PCB Cir. 33/09.11.00/2003-04 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam, Maintenance of CSGL accounts. As per the extant instructions, urban co-operative banks are not allowed to open and maintain Constituent Subsidiary General Ledger (CSGL) Accounts of other Urban Co-operative Banks (UCBs). It has, however
RESERVE BANK OF INDIA CENTRAL OFFICE MUMBAI- 400 018 URBAN BANKS DEPARTMENT February 11, 2004 RBI/2004/52 Ref.UBD No.BPD.PCB Cir. 33/09.11.00/2003-04 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam, Maintenance of CSGL accounts. As per the extant instructions, urban co-operative banks are not allowed to open and maintain Constituent Subsidiary General Ledger (CSGL) Accounts of other Urban Co-operative Banks (UCBs). It has, however
ఫిబ్ర 11, 2004
Maximum Limit on advances - Limits on credit Exposure to Individual/group of borrowers - Computation of capital funds
RESERVE BANK OF INDIA CENTRAL OFFICE URBAN BANKS DEPARTMENT February 11, 2004 RBI/2004/53 Ref. UBD. No. BPD.PCB.Cir. 34 /13.05.00/2003-04. The Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir/Madam, Maximum Limit on advances – Limits on credit Exposure to Individual/group of borrowers - Computation of capital funds. Please refer to para 2(ii) of circular UBD No. DS 4/13.05.00/2000-01 dated August 25, 2000 read with circular UBD No. DS.PCB.Ci
RESERVE BANK OF INDIA CENTRAL OFFICE URBAN BANKS DEPARTMENT February 11, 2004 RBI/2004/53 Ref. UBD. No. BPD.PCB.Cir. 34 /13.05.00/2003-04. The Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir/Madam, Maximum Limit on advances – Limits on credit Exposure to Individual/group of borrowers - Computation of capital funds. Please refer to para 2(ii) of circular UBD No. DS 4/13.05.00/2000-01 dated August 25, 2000 read with circular UBD No. DS.PCB.Ci
ఫిబ్ర 10, 2004
Bank Credit for Public Procurement of Foodgrains - Rabi 2004 Season
February,10, 2004RBI/2004/47 IECD.No.3652/9.01.01/2003-04 To All The Principal Secretaries, of the State Govts. /Union Territories (as per list attached). Dear Sir, Bank Credit for Public Procurement of Foodgrains – Rabi 2004 Season In order to assess the likely magnitude of bank credit that would be required to finance procurement/purchase operations during Rabi 2004 season, we require the estimates of your Government's procurement programme for the said season, and
February,10, 2004RBI/2004/47 IECD.No.3652/9.01.01/2003-04 To All The Principal Secretaries, of the State Govts. /Union Territories (as per list attached). Dear Sir, Bank Credit for Public Procurement of Foodgrains – Rabi 2004 Season In order to assess the likely magnitude of bank credit that would be required to finance procurement/purchase operations during Rabi 2004 season, we require the estimates of your Government's procurement programme for the said season, and
ఫిబ్ర 05, 2004
Advisory committee on flow of credit to agriculture & related activities from the banking system
As announced earlier in the Mid Term Review of Monetary and Credit Policy for the year 2003-04, the Reserve Bank has constituted an Advisory Committee on flow of credit to agriculture and related activities from the banking system under the chairmanship of noted economist, Prof. V.S. Vyas. The list of other members of the committee is given in the Annexure. The Terms of Reference of the Committee are as under : To assess the progress made in implementation of the reco
As announced earlier in the Mid Term Review of Monetary and Credit Policy for the year 2003-04, the Reserve Bank has constituted an Advisory Committee on flow of credit to agriculture and related activities from the banking system under the chairmanship of noted economist, Prof. V.S. Vyas. The list of other members of the committee is given in the Annexure. The Terms of Reference of the Committee are as under : To assess the progress made in implementation of the reco
ఫిబ్ర 05, 2004
Foreign Exchange Management (Permissible Capital Account Transactions) (Amendment) Regulations, 2004
[A.P.(DIR Series) Circular No.97 dated June 21, 2004] RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA. 110/2004-RB dated February 5,2004 @@NBSP@@ Foreign Exchange Management (Permissible Capital Account Transactions) ( Amendment ) Regulations, 2004 In exercise of the powers conferred by sub-section (2) of Section 6, Sub-Section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in parti
[A.P.(DIR Series) Circular No.97 dated June 21, 2004] RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA. 110/2004-RB dated February 5,2004 @@NBSP@@ Foreign Exchange Management (Permissible Capital Account Transactions) ( Amendment ) Regulations, 2004 In exercise of the powers conferred by sub-section (2) of Section 6, Sub-Section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in parti
జన 31, 2004
External Commercial Borrowings (ECB) Annex-I
Annex I Form ECBApplication for raising External Commercial Borrowings (ECB)under Approval RouteInstructionsThe complete application should be submitted by the applicant through the designated authorised dealer to the Chief General Manager-In-Charge, Foreign Exchange Department, Central Office, ECB Division, Reserve Bank of India, Mumbai 400 001. Documentation: Following documents, (as relevant) certified by authorised dealer, should be forwarded with the application:
Annex I Form ECBApplication for raising External Commercial Borrowings (ECB)under Approval RouteInstructionsThe complete application should be submitted by the applicant through the designated authorised dealer to the Chief General Manager-In-Charge, Foreign Exchange Department, Central Office, ECB Division, Reserve Bank of India, Mumbai 400 001. Documentation: Following documents, (as relevant) certified by authorised dealer, should be forwarded with the application:
జన 31, 2004
External Commercial Borrowings (ECB) Annex-II
Annex IIForm 83 Reporting of loan agreement details under Foreign Exchange Management Act, 1999 (for all categories and any amount of ECB)Instructions:The borrower is required to submit completed Form 83, in duplicate, certified by the Company Secretary (CS) or Chartered Accountant (CA) to the designated Authorised Dealer (AD). One copy is to be forwarded by the designated AD to the Director, Balance of Payments Statistics Division, Department of Statistical Analysis
Annex IIForm 83 Reporting of loan agreement details under Foreign Exchange Management Act, 1999 (for all categories and any amount of ECB)Instructions:The borrower is required to submit completed Form 83, in duplicate, certified by the Company Secretary (CS) or Chartered Accountant (CA) to the designated Authorised Dealer (AD). One copy is to be forwarded by the designated AD to the Director, Balance of Payments Statistics Division, Department of Statistical Analysis
జన 31, 2004
External Commercial Borrowings (ECB) Annex-III
Annex III ECB - 2 Reporting of actual transactions of External Commercial Borrowings (ECB) under Foreign Exchange Management Act, 1999 (for all categories and any amount of loan) Return for the Month of . This return should be filled in for all categories of ECB. It should be submitted within 7 working days from the close of the month through the designated Authorised Dealer to the Director, Department of Statistical Analysis and Computer Services (DESACS), Balance of
Annex III ECB - 2 Reporting of actual transactions of External Commercial Borrowings (ECB) under Foreign Exchange Management Act, 1999 (for all categories and any amount of loan) Return for the Month of . This return should be filled in for all categories of ECB. It should be submitted within 7 working days from the close of the month through the designated Authorised Dealer to the Director, Department of Statistical Analysis and Computer Services (DESACS), Balance of
జన 28, 2004
Disbursement of wages to Civilian Industrial/Non-Industrial employees of all AOCs’ (North Command- Jammu, Central Command- Lucknow, Eastern Command- Kolkata, Western Command- Chandigarh and Southern Command- Pune) on 31st January 2004 instead of Ist week
RBI/2004/29DGBA.GAD.No. H- 747/31.03.006/2003-04 January 28, 2004 The Chairman/Managing DirectorThe Chairman and Managing DirectorState Bank of India and its Associate BanksANDAll Nationalised Banks Dear Sir,Disbursement of wages to Civilian Industrial/Non-Industrial employees of all AOCs’ (North Command- Jammu, Central Command- Lucknow, Eastern Command- Kolkata, Western Command- Chandigarh and Southern Command- Pune) on 31st January 2004 instead of Ist week of Februa
RBI/2004/29DGBA.GAD.No. H- 747/31.03.006/2003-04 January 28, 2004 The Chairman/Managing DirectorThe Chairman and Managing DirectorState Bank of India and its Associate BanksANDAll Nationalised Banks Dear Sir,Disbursement of wages to Civilian Industrial/Non-Industrial employees of all AOCs’ (North Command- Jammu, Central Command- Lucknow, Eastern Command- Kolkata, Western Command- Chandigarh and Southern Command- Pune) on 31st January 2004 instead of Ist week of Februa
జన 24, 2004
Withdrawal of old Cupro Nickel and Aluminum Coins
24 January 2004RBI/2004/27/03.00/2003-04 The Chairman & Managing Director, All Public/Private Sector Banks. Dear Sir, Withdrawal of old Cupro Nickel and Aluminum Coins Please refer to our letter DCM (RMMT) No.404/11.37.01/2003-04 dated 9th October 2003 regarding reverse flow of coins from the public. It has now been decided by the Government that old coins of value up to Re.1/- made from Cupro-Nickel alloy and Aluminum should be withdrawn and sent to Mints for mel
24 January 2004RBI/2004/27/03.00/2003-04 The Chairman & Managing Director, All Public/Private Sector Banks. Dear Sir, Withdrawal of old Cupro Nickel and Aluminum Coins Please refer to our letter DCM (RMMT) No.404/11.37.01/2003-04 dated 9th October 2003 regarding reverse flow of coins from the public. It has now been decided by the Government that old coins of value up to Re.1/- made from Cupro-Nickel alloy and Aluminum should be withdrawn and sent to Mints for mel
జన 22, 2004
Bidding Commitment of PDs - Non Competitive Bids
RBI 2004/24IDMD.PDRS.No. 2 /03.64.00/2003-04.January 21, 2004 To all the Primary DealersDear Sir,Bidding Commitment of PDs – Non Competitive BidsPlease refer to paragraph 4(i) and (ii) of PD Guidelines dated January 1, 2002. In order to encourage PDs to improve their retail business, it has been decided that non-competitive bids can also be taken into account for fulfillment of bidding commitment and success ratio of PDs. Accordingly, it is clarified that PDs may also
RBI 2004/24IDMD.PDRS.No. 2 /03.64.00/2003-04.January 21, 2004 To all the Primary DealersDear Sir,Bidding Commitment of PDs – Non Competitive BidsPlease refer to paragraph 4(i) and (ii) of PD Guidelines dated January 1, 2002. In order to encourage PDs to improve their retail business, it has been decided that non-competitive bids can also be taken into account for fulfillment of bidding commitment and success ratio of PDs. Accordingly, it is clarified that PDs may also
జన 19, 2004
Deferred Payments Protocols dated 30th April 1981 and 23rd December 1985 between the Government of India and erstwhile USSR A.P.(DIR Series) Circular No.59
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI – 400 001   RBI/2004/22 A.P. (DIR Series) Circular No. 59 January 19, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated 30th April 1981 and 23rd December 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.48 dated December 15, 2003, wherein the rupee value of the specia
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI – 400 001   RBI/2004/22 A.P. (DIR Series) Circular No. 59 January 19, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated 30th April 1981 and 23rd December 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.48 dated December 15, 2003, wherein the rupee value of the specia
జన 17, 2004
Non Stapling of Note Packets
January 17, 2004RBI/2004/20 UBD No.BPD. PCB. Cir 31 /09.73.00/2003-04 CEOs of All Primary (Urban) Co-operative Banks Dear Sir, Non Stapling of Note Packets As you are aware, the Reserve Bank of India had issued a directive under Section 35 A of the Banking Regulation Act 1949 read with Section 56 of the Act directing the banks to stop stapling the note packets and making it mandatory for banks to sort notes into re-issuable and non-issuables and issue only re-issuable
January 17, 2004RBI/2004/20 UBD No.BPD. PCB. Cir 31 /09.73.00/2003-04 CEOs of All Primary (Urban) Co-operative Banks Dear Sir, Non Stapling of Note Packets As you are aware, the Reserve Bank of India had issued a directive under Section 35 A of the Banking Regulation Act 1949 read with Section 56 of the Act directing the banks to stop stapling the note packets and making it mandatory for banks to sort notes into re-issuable and non-issuables and issue only re-issuable
జన 16, 2004
Establishment of Branch Offices/Units in Special Economic Zones - A.P (DIR Series) Circular No.58
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400001 January 16 , 2004 RBI/2004/17/ A.P (DIR Series) Circular No.58 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Establishment of Branch Offices/Units in Special Economic Zones Attention of Authorised Dealers is invited to A. P. (DIR Series) Circulars Nos. 28 dated March 30, 2001, 91 dated April 1, 2003 and 29 dated October 18, 2003, extending various facilities to units in Special
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400001 January 16 , 2004 RBI/2004/17/ A.P (DIR Series) Circular No.58 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Establishment of Branch Offices/Units in Special Economic Zones Attention of Authorised Dealers is invited to A. P. (DIR Series) Circulars Nos. 28 dated March 30, 2001, 91 dated April 1, 2003 and 29 dated October 18, 2003, extending various facilities to units in Special
జన 13, 2004
Overseas Investment by Indian Companies/Partnership Firms - ? Liberalisation of the Automatic Route , Facilities for Investment in Agriculture
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 January 13, 2004 RBI /2004/11 A. P.(DIR Series) Circular No.57 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Overseas Investment by Indian Companies/Partnership Firms – Liberalisation of the Automatic Route Facilities for Investment in Agriculture Attention of Authorised Dealers is invited to the Foreign Exchange Management (Transfer or issue of any foreign security) Regulati
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 January 13, 2004 RBI /2004/11 A. P.(DIR Series) Circular No.57 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Overseas Investment by Indian Companies/Partnership Firms – Liberalisation of the Automatic Route Facilities for Investment in Agriculture Attention of Authorised Dealers is invited to the Foreign Exchange Management (Transfer or issue of any foreign security) Regulati
జన 01, 2004
Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (First Amendment) Regulations, 2004
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001 A.P.(DIR Series) Circular No.6Notification No.FEMA.109/2004-RB Dated: January 1, 2004Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (First Amendment) Regulations, 2004 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 (Act 42 of 1999) and in partia
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001 A.P.(DIR Series) Circular No.6Notification No.FEMA.109/2004-RB Dated: January 1, 2004Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (First Amendment) Regulations, 2004 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 (Act 42 of 1999) and in partia
డిసెం 23, 2003
Indo-Sri Lanka Credit Agreement dated October 15, 2003 for USD 30 Million
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 A.P.(DIR Series) Circular No. 56 December 23, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Indo-Sri Lanka Credit Agreement dated October 15, 2003 for USD 30 Million The Government of India have made available the second tranche of USD 30 million (U.S .Dollar Thirty Million only) out of the line of credit of USD 100 Million extended to the Government of the Republic of S
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 A.P.(DIR Series) Circular No. 56 December 23, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Indo-Sri Lanka Credit Agreement dated October 15, 2003 for USD 30 Million The Government of India have made available the second tranche of USD 30 million (U.S .Dollar Thirty Million only) out of the line of credit of USD 100 Million extended to the Government of the Republic of S
డిసెం 23, 2003
Release of Foreign Exchange for Miscellaneous Remittances
Reserve Bank Of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No. 55 December 23, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Release of Foreign Exchange for Miscellaneous Remittances Attention of Authorised Dealers is drawn to A.P.(DIR Series) Circular No 16 dated September 12, 2002. In terms of this circular, Authorised Dealers were advised to release amounts up to USD 500 or its equivalent for all permi
Reserve Bank Of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No. 55 December 23, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Release of Foreign Exchange for Miscellaneous Remittances Attention of Authorised Dealers is drawn to A.P.(DIR Series) Circular No 16 dated September 12, 2002. In terms of this circular, Authorised Dealers were advised to release amounts up to USD 500 or its equivalent for all permi
డిసెం 20, 2003
Investment by an unincorporated entity under Foreign Direct Investment (FDI) Scheme
Reserve Bank of India Exchange Control Department Central Office Mumbai A.P.(DIR Series) Circular No. 54 December 20, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Investment by an unincorporated entity under Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealers is invited to Regulation 5(1) of Notification No. FEMA 20/2000-RB dated May 3, 2000, in terms of which, besides a person resident outside India (other than a citizen of Bang
Reserve Bank of India Exchange Control Department Central Office Mumbai A.P.(DIR Series) Circular No. 54 December 20, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Investment by an unincorporated entity under Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealers is invited to Regulation 5(1) of Notification No. FEMA 20/2000-RB dated May 3, 2000, in terms of which, besides a person resident outside India (other than a citizen of Bang
డిసెం 17, 2003
Delhi High Court Order in Civil Writ Petition No.460 of 2003 - World Cup 2003 - Remittance of Foreign Exchange
Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 A.P.(DIR Series) Circular No.52 December 17, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Delhi High Court Order in Civil Writ Petition No.460 of 2003 – World Cup 2003 – Remittance of Foreign Exchange Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.74 dated January 24, 2003, directing them not to release any foreign exchange to Pepsi Foods Lim
Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 A.P.(DIR Series) Circular No.52 December 17, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Delhi High Court Order in Civil Writ Petition No.460 of 2003 – World Cup 2003 – Remittance of Foreign Exchange Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.74 dated January 24, 2003, directing them not to release any foreign exchange to Pepsi Foods Lim
డిసెం 17, 2003
Purchase Sale of Shares and or Convertible Debentures by SEBI registered Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS)
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No. 53 December 17, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs Purchase/Sale of Shares and/or Convertible Debentures by SEBI registered Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS) Attention of Authorised Dealers is invited to Foreign Exchange Management (Transfer or issue of Security by a Person Resident outs
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No. 53 December 17, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs Purchase/Sale of Shares and/or Convertible Debentures by SEBI registered Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS) Attention of Authorised Dealers is invited to Foreign Exchange Management (Transfer or issue of Security by a Person Resident outs
డిసెం 15, 2003
Foreign Exchange Management (Insurance) Regulations, 2000 - Life Insurance Memorandum (LIM)
Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 A.P. (DIR Series) Circular No.51 December 15, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Foreign Exchange Management (Insurance) Regulations, 2000 – Life Insurance Memorandum (LIM) Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.72 dated January 17, 2003 enclosing the Memorandum of Exchange Control Regulations relating to Life Insurance in
Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 A.P. (DIR Series) Circular No.51 December 15, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Foreign Exchange Management (Insurance) Regulations, 2000 – Life Insurance Memorandum (LIM) Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.72 dated January 17, 2003 enclosing the Memorandum of Exchange Control Regulations relating to Life Insurance in
డిసెం 15, 2003
Exim Bank's Line of Credit of USD 200 million to seven Iranian Banks
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 A.P.(DIR Series) Circular No.50 December 15, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 200 million to seven Iranian Banks The Export-Import Bank of India (Exim Bank) has concluded an agreement with seven Iranian banks designated by Bank Markazi Jomhouri Islami Iran, viz Bank Mellat, Bank Melli Iran, Bank Saderat Iran, Bank Sepah, B
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 A.P.(DIR Series) Circular No.50 December 15, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 200 million to seven Iranian Banks The Export-Import Bank of India (Exim Bank) has concluded an agreement with seven Iranian banks designated by Bank Markazi Jomhouri Islami Iran, viz Bank Mellat, Bank Melli Iran, Bank Saderat Iran, Bank Sepah, B
డిసెం 15, 2003
Advance Remittance for Imports
Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 A.P. (DIR Series) Circular No.49 December 15, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Advance Remittance for Imports Attention of Authorised Dealers is invited to paragraph 2 of A.P. (DIR Series) Circular No.15 dated September 17, 2003 regarding advance remittance for imports. 2. It is clarified that a Public Sector Company or a Department/Undertaking of the Centra
Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 A.P. (DIR Series) Circular No.49 December 15, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Advance Remittance for Imports Attention of Authorised Dealers is invited to paragraph 2 of A.P. (DIR Series) Circular No.15 dated September 17, 2003 regarding advance remittance for imports. 2. It is clarified that a Public Sector Company or a Department/Undertaking of the Centra
డిసెం 15, 2003
Deferred Payments Protocols dated 30th April 1981 and 23rd December 1985 between the Government of India and erstwhile USSR
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001. A.P. (DIR Series) Circular No.48 December 15, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Deferred Payments Protocols dated 30th April 1981 and 23rd December 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealers is invited to AP (DIR Series) Circular No.16 dated September 20, 2003 wherein the rupee value of the special currency basket e
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001. A.P. (DIR Series) Circular No.48 December 15, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Deferred Payments Protocols dated 30th April 1981 and 23rd December 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealers is invited to AP (DIR Series) Circular No.16 dated September 20, 2003 wherein the rupee value of the special currency basket e
డిసెం 12, 2003
Hedging of Overseas Direct Investments
Reserve Bank of India Exchange Control Department Central Office Mumbai A.P.(DIR Series) Circular No.47 December 12, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Hedging of Overseas Direct Investments It has been decided that henceforth resident entities having overseas direct investments may be permitted to hedge the exchange risk arising out of such investments. Accordingly, Authorised Dealers may enter into forward/option contracts with residents
Reserve Bank of India Exchange Control Department Central Office Mumbai A.P.(DIR Series) Circular No.47 December 12, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Hedging of Overseas Direct Investments It has been decided that henceforth resident entities having overseas direct investments may be permitted to hedge the exchange risk arising out of such investments. Accordingly, Authorised Dealers may enter into forward/option contracts with residents
డిసెం 09, 2003
Booking of Forward Contracts Based on Past Performance
Reserve Bank of India Exchange Control Department Central Offfice A.P.(DIR Series) Circular No. 46 December 9, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Booking of Forward Contracts Based on Past Performance Attention of Authorised Dealers is invited to paragraph A.2 of our Master Circular No1 dated July 1, 2003 on Risk Management and Inter-bank Dealings, in terms of which importers/exporters are permitted to book forward contracts on the basis
Reserve Bank of India Exchange Control Department Central Offfice A.P.(DIR Series) Circular No. 46 December 9, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Booking of Forward Contracts Based on Past Performance Attention of Authorised Dealers is invited to paragraph A.2 of our Master Circular No1 dated July 1, 2003 on Risk Management and Inter-bank Dealings, in terms of which importers/exporters are permitted to book forward contracts on the basis
డిసెం 08, 2003
Derecognition of Overseas Corporate Bodies (OCBs)
Reserve Bank of India Exchange Control Department Central Office Mumbai A.P (DIR Series) Circular No. 44 December 8, 2003 (Updated as on September 25, 2014) To All Authorised Dealers in Foreign Exchange Madam/Sirs Derecognition of Overseas Corporate Bodies (OCBs) Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No. 14 dated September 16, 2003 conveying the decision to derecognise the Overseas Corporate Bodies (OCBs) in India as an eligible 'clas
Reserve Bank of India Exchange Control Department Central Office Mumbai A.P (DIR Series) Circular No. 44 December 8, 2003 (Updated as on September 25, 2014) To All Authorised Dealers in Foreign Exchange Madam/Sirs Derecognition of Overseas Corporate Bodies (OCBs) Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No. 14 dated September 16, 2003 conveying the decision to derecognise the Overseas Corporate Bodies (OCBs) in India as an eligible 'clas
డిసెం 08, 2003
Indian Students Studying Abroad - Revision in the Residential Status
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001 A.P.(DIR Series) Circular No. 45 December 8, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Indian Students Studying Abroad – Revision in the Residential Status The Reserve Bank of India has been receiving representations from Indian students studying abroad putting forth various difficulties on account of their residential status. The matter has been reexamined by us keepi
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001 A.P.(DIR Series) Circular No. 45 December 8, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Indian Students Studying Abroad – Revision in the Residential Status The Reserve Bank of India has been receiving representations from Indian students studying abroad putting forth various difficulties on account of their residential status. The matter has been reexamined by us keepi
డిసెం 08, 2003
Foreign Investments in India - Acquisition of Immovable Property
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001 A.P. (DIR Series) Circular No.43 December 8 , 2003 To All Authorised Dealers in Foreign Exchange Madam/ Sirs, Foreign Investments in India – Acquisition of Immovable Property Attention of Authorised Dealers is invited to the Foreign Exchange Management (Acquisition and transfer of immovable property in India) Regulations, 2000 notified by the Reserve Bank of India vide Notification No.FEMA
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001 A.P. (DIR Series) Circular No.43 December 8 , 2003 To All Authorised Dealers in Foreign Exchange Madam/ Sirs, Foreign Investments in India – Acquisition of Immovable Property Attention of Authorised Dealers is invited to the Foreign Exchange Management (Acquisition and transfer of immovable property in India) Regulations, 2000 notified by the Reserve Bank of India vide Notification No.FEMA
డిసెం 06, 2003
Indian Direct Investment in JVs/WOSs Abroad
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A. P (DIR Series) Circular No. 41 December 6, 2003 To All Authorised Dealers in Foreign Exchange Madam/ Sirs, Indian Direct Investment in JVs/WOSs Abroad Attention of Authorised Dealers is invited to the following Notifications on Foreign Exchange Management (Transfer or issue of any foreign security) Regulations, 2000 amending the provisions of the original Notification No. FEMA.19/RB-200
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A. P (DIR Series) Circular No. 41 December 6, 2003 To All Authorised Dealers in Foreign Exchange Madam/ Sirs, Indian Direct Investment in JVs/WOSs Abroad Attention of Authorised Dealers is invited to the following Notifications on Foreign Exchange Management (Transfer or issue of any foreign security) Regulations, 2000 amending the provisions of the original Notification No. FEMA.19/RB-200
డిసెం 06, 2003
Overseas Direct Investment - Liberalisation
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P. (DIR Series) Circular No. 42 December 6 , 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Overseas Direct Investment - Liberalisation Attention of Authorised Dealers is invited to AP (DIR Series) Circular No.41 dated December 6, 2003 permitting Indian companies to transfer shares of their JV/WOS abroad by way of sale under Automatic Route. As Authorised Dealers are aw
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P. (DIR Series) Circular No. 42 December 6 , 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Overseas Direct Investment - Liberalisation Attention of Authorised Dealers is invited to AP (DIR Series) Circular No.41 dated December 6, 2003 permitting Indian companies to transfer shares of their JV/WOS abroad by way of sale under Automatic Route. As Authorised Dealers are aw
డిసెం 03, 2003
Investment Fluctuation Reserve
DBOD.BP.BC. 49 /21.04.141/2003-04 December 3, 2003All Scheduled Commercial BanksDear Sir,Investment Fluctuation ReservePlease refer to paragraph 73 of the "Mid-Term Review of Monetary and Credit Policy for the year 2003-04". Banks were advised vide circular DBOD.No.BP.BC.99/21.01.002/2001-02 dated May 3, 2002, to build up an Investment Fluctuation Reserve (IFR) of a minimum 5 per cent of their investments in the categories "Held for Trading" (HFT) and "Available for S
DBOD.BP.BC. 49 /21.04.141/2003-04 December 3, 2003All Scheduled Commercial BanksDear Sir,Investment Fluctuation ReservePlease refer to paragraph 73 of the "Mid-Term Review of Monetary and Credit Policy for the year 2003-04". Banks were advised vide circular DBOD.No.BP.BC.99/21.01.002/2001-02 dated May 3, 2002, to build up an Investment Fluctuation Reserve (IFR) of a minimum 5 per cent of their investments in the categories "Held for Trading" (HFT) and "Available for S
డిసెం 03, 2003
Ad hoc Committees on Procedures and Performance
Audit on Customer Services in Banks
DBOD.No.Leg.BC.50 /09.07.005/2003-04December 3, 2003ToAll Scheduled Commercial Banks(Excluding RRBs)Dear Sir,Ad hoc Committees on Procedures and Performance Audit on Customer Services in BanksPlease refer to Paragraph 78 of the Statement on the Mid Term Review of Monetary and Credit Policy for the year 2003-2004.2. In order to support broad-based improvement in customer services in relation to various banking services, each bank is advised to constitute an Ad hoc Comm
DBOD.No.Leg.BC.50 /09.07.005/2003-04December 3, 2003ToAll Scheduled Commercial Banks(Excluding RRBs)Dear Sir,Ad hoc Committees on Procedures and Performance Audit on Customer Services in BanksPlease refer to Paragraph 78 of the Statement on the Mid Term Review of Monetary and Credit Policy for the year 2003-2004.2. In order to support broad-based improvement in customer services in relation to various banking services, each bank is advised to constitute an Ad hoc Comm
డిసెం 02, 2003
Auction of Government of India Dated Securities
Ref.No. IDMD.2357 /08.02.31.01/2003-04 December 2, 2003All 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) of "6.01 percent Government Stock 2028" for a notified amount of Rs.5,000 crore (nominal) through a price based auction using multiple
Ref.No. IDMD.2357 /08.02.31.01/2003-04 December 2, 2003All 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) of "6.01 percent Government Stock 2028" for a notified amount of Rs.5,000 crore (nominal) through a price based auction using multiple
డిసెం 02, 2003
Auction for Sale (Re-issue ) of ‘6.01 per cent Government Stock, 2028’
Government of IndiaMinistry of Finance(Department of Economic Affairs)(Budget Division)New Delhi, the December 2, 2003NOTIFICATIONAuction for Sale (Re-issue ) of ‘6.01 per cent Government Stock, 2028’No.4(8)-W&M/2003 : Government of India hereby notifies sale (reissue) of ‘6.01 per cent Government Stock, 2028’ for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific
Government of IndiaMinistry of Finance(Department of Economic Affairs)(Budget Division)New Delhi, the December 2, 2003NOTIFICATIONAuction for Sale (Re-issue ) of ‘6.01 per cent Government Stock, 2028’No.4(8)-W&M/2003 : Government of India hereby notifies sale (reissue) of ‘6.01 per cent Government Stock, 2028’ for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific
డిసెం 02, 2003
Scheme for Non-competitive Bidding Facility in
the Auctions of Government Securities
AnnexI. 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 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 will be within the notified amount.II. Eligibility: Participation on a non-competitive basis
AnnexI. 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 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 will be within the notified amount.II. Eligibility: Participation on a non-competitive basis
నవం 28, 2003
Draft prudential guidelines on RRBs’ investment in non-SLR debt securities
RPCD.CO.RRB.BC. /03.05.34/2003-04November , 2003Addressed to the Chairman of allRRBs /Sponsor Banks Dear Sir,Draft prudential guidelines on investment in non-SLR debt securitiesPlease refer to our circular RPCD.No.RRB.BC.76/03.05.34/1996-97 dated December 13, 1996 regarding avenues of investment of surplus Non-SLR funds of Regional Rural Banks in terms of which RRBs are permitted to invest their non-SLR surplus funds in certain avenues subject to the terms and conditi
RPCD.CO.RRB.BC. /03.05.34/2003-04November , 2003Addressed to the Chairman of allRRBs /Sponsor Banks Dear Sir,Draft prudential guidelines on investment in non-SLR debt securitiesPlease refer to our circular RPCD.No.RRB.BC.76/03.05.34/1996-97 dated December 13, 1996 regarding avenues of investment of surplus Non-SLR funds of Regional Rural Banks in terms of which RRBs are permitted to invest their non-SLR surplus funds in certain avenues subject to the terms and conditi
నవం 28, 2003
Draft prudential guidelines on co-operative banks’
investment in non-SLR debt securities
RPCD.CO.RF.BC. /07.02.03/2003-04November , 2003The Chairman /CEOs of allState and Central Co-operative BanksDear Sir,Draft prudential guidelines on co-operative banks’ investment in non-SLR debt securitiesPlease refer to our circular RPCD.CO.RF.BC.No.93/07.37.02/2001-02 dated 6th May 2002 regarding investment portfolio of banks. As you are aware, State Co-operative Banks and District Central Co-operative Banks are permitted to invest their genuine non-SLR surplus fund
RPCD.CO.RF.BC. /07.02.03/2003-04November , 2003The Chairman /CEOs of allState and Central Co-operative BanksDear Sir,Draft prudential guidelines on co-operative banks’ investment in non-SLR debt securitiesPlease refer to our circular RPCD.CO.RF.BC.No.93/07.37.02/2001-02 dated 6th May 2002 regarding investment portfolio of banks. As you are aware, State Co-operative Banks and District Central Co-operative Banks are permitted to invest their genuine non-SLR surplus fund
నవం 18, 2003
Branch Licensing - Annexure I
ANNEXURE - I [Paragraph-1.1]Form of application for permission to open a new place of business or change the location (otherwise than within the same city, town or village) of the existing place of business under Section 23 of the Banking Regulation Act, 1949 - Banking Regulation (Companies) Rules 1949 Rule 12 Form VIAddress .................Date ..............................................................Department of Banking Operations and DevelopmentReserve Bank
ANNEXURE - I [Paragraph-1.1]Form of application for permission to open a new place of business or change the location (otherwise than within the same city, town or village) of the existing place of business under Section 23 of the Banking Regulation Act, 1949 - Banking Regulation (Companies) Rules 1949 Rule 12 Form VIAddress .................Date ..............................................................Department of Banking Operations and DevelopmentReserve Bank
నవం 18, 2003
Branch Licensing - Annexure II
ANNEXURE - II [Pragraph 10.2] Particulars to be furnished by the bank in respect of its request for an Extension Counter (E.C)PART - I 1. Name of the bank 2. Name of the institution & its full postal address where Extension Counter is sought to be opened.3. Name & address of the base office of the bank to which E.C. is proposed to be attached.4. i ) Distance between the base office and the proposed extension counter. ii) Distance between the proposed E.C. and
ANNEXURE - II [Pragraph 10.2] Particulars to be furnished by the bank in respect of its request for an Extension Counter (E.C)PART - I 1. Name of the bank 2. Name of the institution & its full postal address where Extension Counter is sought to be opened.3. Name & address of the base office of the bank to which E.C. is proposed to be attached.4. i ) Distance between the base office and the proposed extension counter. ii) Distance between the proposed E.C. and
నవం 18, 2003
Branch Licensing - Annexure III
Annexure III[Paragraph – 17]PROFORMA – I(Note : Proforma II & III has been renamed as Proforma I & II respectively) Statement of New Office / Branch opened during the Quarter :(Please read the instructions before filling the Proformae)Items. (a) Name of the Bank / Co-operative institution :(b) Uniform Codes : Part - I ( 7 digits ) :(See instructions 1,2,3)Part- II ( 7 digits) :(to be allotted by DESACS, C.O., RBI)(a) Name of the New Branch / Office :(b) Refere
Annexure III[Paragraph – 17]PROFORMA – I(Note : Proforma II & III has been renamed as Proforma I & II respectively) Statement of New Office / Branch opened during the Quarter :(Please read the instructions before filling the Proformae)Items. (a) Name of the Bank / Co-operative institution :(b) Uniform Codes : Part - I ( 7 digits ) :(See instructions 1,2,3)Part- II ( 7 digits) :(to be allotted by DESACS, C.O., RBI)(a) Name of the New Branch / Office :(b) Refere
నవం 18, 2003
Meeting of the Minister of State for Finance (EB&I), Shri Anand Rao Adsul
with CEOs of Public Sector Banks on October 6, 2003 in Mumbai
RPCD.SP.BC. 47 /09.01.01/2003-04November 18, 2003The Chairman and Managing DirectorAll Scheduled Commercial Banks(Except RRBs)Dear Sir,Meeting of the Minister of State for Finance (EB&I), Shri Anand Rao Adsulwith CEOs of Public Sector Banks on October 6, 2003 in MumbaiA meeting of Chief Executives of Public Sector Banks was convened in Mumbai by Minister of State for Finance, Shri Anand Rao Adsul at the instance of Hon’ble Minister for Rural Development and as per
RPCD.SP.BC. 47 /09.01.01/2003-04November 18, 2003The Chairman and Managing DirectorAll Scheduled Commercial Banks(Except RRBs)Dear Sir,Meeting of the Minister of State for Finance (EB&I), Shri Anand Rao Adsulwith CEOs of Public Sector Banks on October 6, 2003 in MumbaiA meeting of Chief Executives of Public Sector Banks was convened in Mumbai by Minister of State for Finance, Shri Anand Rao Adsul at the instance of Hon’ble Minister for Rural Development and as per
నవం 17, 2003
Draft prudential guidelines on investment in non- SLR debt securities by
urban co-operative banks
BPD. PCB. Cir. 25 / 16.20.00/ 2003-04November 17, 2003CEOs of Select Primary (Urban ) Co-operative BanksDear Sir,Draft prudential guidelines on investment in non- SLR debt securities by urban co-operative banksIn order to contain the risks arising out of non-SLR investment portfolio of urban co-operative banks, guidelines as indicated in the Annexure, are proposed to be issued by the Reserve Bank to all urban co-operative banks, which interalia, cover the following: t
BPD. PCB. Cir. 25 / 16.20.00/ 2003-04November 17, 2003CEOs of Select Primary (Urban ) Co-operative BanksDear Sir,Draft prudential guidelines on investment in non- SLR debt securities by urban co-operative banksIn order to contain the risks arising out of non-SLR investment portfolio of urban co-operative banks, guidelines as indicated in the Annexure, are proposed to be issued by the Reserve Bank to all urban co-operative banks, which interalia, cover the following: t
నవం 17, 2003
Sanctioning of loan to SPVs/ Public Sector units, Economically Weaker Sections housing etc.
on the strength of state Government guarantees
DBOD No. BC. 45/21.04.141/2003-2004November 17, 2003All Commercial Banks/ Specified Financial InstitutionDear Sir,Sanctioning of loan to SPVs/ Public Sector units, Economically Weaker Sections housing etc.on the strength of state Government guaranteesReserve Bank of India has been advising banks, from time to time, that while financing projects under taken by both public sector and private sector undertakings they should ensure that these are technically feasible, fin
DBOD No. BC. 45/21.04.141/2003-2004November 17, 2003All Commercial Banks/ Specified Financial InstitutionDear Sir,Sanctioning of loan to SPVs/ Public Sector units, Economically Weaker Sections housing etc.on the strength of state Government guaranteesReserve Bank of India has been advising banks, from time to time, that while financing projects under taken by both public sector and private sector undertakings they should ensure that these are technically feasible, fin
నవం 15, 2003
Asset Classification & Provisioning Norms for the FIs - Modifications
Ref. DBS.FID No.C-9/ 01.02.00 / 2003- 04November 15, 2003The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir, Asset Classification & Provisioning Norms for the FIs – ModificationsPlease refer to our circular DBS.FID.No.C-23/01.02.00/2000-01 dated April 24, 2001 in term of which the FIs are required, with effect from the year ended March 31, 2002, to classify an asset as an NPA if the interest and / or instalment of principal remain overdue for
Ref. DBS.FID No.C-9/ 01.02.00 / 2003- 04November 15, 2003The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir, Asset Classification & Provisioning Norms for the FIs – ModificationsPlease refer to our circular DBS.FID.No.C-23/01.02.00/2000-01 dated April 24, 2001 in term of which the FIs are required, with effect from the year ended March 31, 2002, to classify an asset as an NPA if the interest and / or instalment of principal remain overdue for
నవం 13, 2003
Reciprocal Line Facility
REF: No. MPD. BC.239/07.01.279/ 2003-04November 13, 2003Kartika 22, 1925(S)To All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sirs,Reciprocal Line FacilityPlease refer to circular No. MPD.BC.225/07.01.279/2002-03 dated November 14, 2002 exempting rupee resources drawn under Reciprocal Line Facility from the prudential limits specified for call/notice money transactions for a period of one year. 2. On a review, it has been decided that the exemptio
REF: No. MPD. BC.239/07.01.279/ 2003-04November 13, 2003Kartika 22, 1925(S)To All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sirs,Reciprocal Line FacilityPlease refer to circular No. MPD.BC.225/07.01.279/2002-03 dated November 14, 2002 exempting rupee resources drawn under Reciprocal Line Facility from the prudential limits specified for call/notice money transactions for a period of one year. 2. On a review, it has been decided that the exemptio
నవం 12, 2003
Prudential guidelines on banks’
investment in non-SLR securities
DBOD.BP.BC.44/21.04.141/2003-04November 12, 2003All Scheduled commercial banks(excluding RRBs and LABs)Dear Sir,Prudential guidelines on banks’ investment in non-SLR securitiesIn terms of paragraph 68 of the Statement on Mid-Term Review of Monetary and Credit Policy for the year 2001-02, draft operating guidelines on management of non-SLR investment portfolio by banks was issued vide letter DBOD.BP.858/ 21.04.141/ 2001-02 dated October 27, 2001 for obtaining views / c
DBOD.BP.BC.44/21.04.141/2003-04November 12, 2003All Scheduled commercial banks(excluding RRBs and LABs)Dear Sir,Prudential guidelines on banks’ investment in non-SLR securitiesIn terms of paragraph 68 of the Statement on Mid-Term Review of Monetary and Credit Policy for the year 2001-02, draft operating guidelines on management of non-SLR investment portfolio by banks was issued vide letter DBOD.BP.858/ 21.04.141/ 2001-02 dated October 27, 2001 for obtaining views / c
నవం 06, 2003
Remittance of profit by foreign banks operating in India
DBOD.No.IBS.BC. 46/16.13.100/2003-04November 6, 2003The Chief Executives of Foreign Banks operating in IndiaDear Sir,Remittance of profit by foreign banks operating in India Please refer to AD (MA series) circular No.15 dated June 4, 1998 and IBS.BC. 99/23.09.01/98-99 dated October 9, 1998 on the captioned subject. 2. On a review of the position, it has now been decided that foreign banks operating in India may remit net profits/surplus (net of tax) earned in a quarte
DBOD.No.IBS.BC. 46/16.13.100/2003-04November 6, 2003The Chief Executives of Foreign Banks operating in IndiaDear Sir,Remittance of profit by foreign banks operating in India Please refer to AD (MA series) circular No.15 dated June 4, 1998 and IBS.BC. 99/23.09.01/98-99 dated October 9, 1998 on the captioned subject. 2. On a review of the position, it has now been decided that foreign banks operating in India may remit net profits/surplus (net of tax) earned in a quarte
నవం 05, 2003
Stockinvest Scheme
DBOD.NO.FSC.BC. 42/24.47.001/2003-04November 5, 2003All scheduled commercial banks(excluding RRBs & LABs)Dear Sir, Stockinvest SchemePlease refer to our circular FSC.BC.61/24.47.001/98 dated June 23, 1998 in terms of which banks were advised that they need not refer the Stockinvest Scheme to us before introduction and the Scheme could be introduced with the approval of their Board and subject to the terms and conditions governing Stockinvests as advised by us from
DBOD.NO.FSC.BC. 42/24.47.001/2003-04November 5, 2003All scheduled commercial banks(excluding RRBs & LABs)Dear Sir, Stockinvest SchemePlease refer to our circular FSC.BC.61/24.47.001/98 dated June 23, 1998 in terms of which banks were advised that they need not refer the Stockinvest Scheme to us before introduction and the Scheme could be introduced with the approval of their Board and subject to the terms and conditions governing Stockinvests as advised by us from
నవం 05, 2003
Rationalisation of Standing Facilities
REF: No. MPD. BC.243/07.01.279/ 2003-04 November 5, 2003Kartika 14, 1925(S)ToAll Scheduled Banks (excluding Regional Rural Banks (RRBs))and Primary DealersDear Sirs,Rationalisation of Standing FacilitiesPlease refer to Paragraph 61 of the Governor’s statement on Mid-term Review of Monetary and Credit Policy for the year 2003-04 enclosed with his letter No. MPD. BC.241/07.01.279/2003-04 dated November 3, 2003 (copy of the paragraph enclosed). 2. At present, banks are e
REF: No. MPD. BC.243/07.01.279/ 2003-04 November 5, 2003Kartika 14, 1925(S)ToAll Scheduled Banks (excluding Regional Rural Banks (RRBs))and Primary DealersDear Sirs,Rationalisation of Standing FacilitiesPlease refer to Paragraph 61 of the Governor’s statement on Mid-term Review of Monetary and Credit Policy for the year 2003-04 enclosed with his letter No. MPD. BC.241/07.01.279/2003-04 dated November 3, 2003 (copy of the paragraph enclosed). 2. At present, banks are e
నవం 05, 2003
Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities
Annexure I 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 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 will be within the notified amount.II. Eligibility: Participation on a non-competitive
Annexure I 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 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 will be within the notified amount.II. Eligibility: Participation on a non-competitive
నవం 05, 2003
Moving Towards Pure Inter-bank Call/Notice Money Market
REF: No. MPD. BC.242/07.01.279/ 2003-04 November 5, 2003Kartika 14, 1925(S)To All-India Financial Institutions, Insurance Companiesand select Mutual FundsDear Sirs,Moving Towards Pure Inter-bank Call/Notice Money MarketPlease refer to Paragraphs 59 and 60 of the Governor’s statement on Mid-term Review of Monetary and Credit Policy for the year 2003-04 enclosed with his letter No. MPD. BC.241/07.01.279/2003-04 dated November 3, 2003 (copy of the paragraphs enclosed). 2
REF: No. MPD. BC.242/07.01.279/ 2003-04 November 5, 2003Kartika 14, 1925(S)To All-India Financial Institutions, Insurance Companiesand select Mutual FundsDear Sirs,Moving Towards Pure Inter-bank Call/Notice Money MarketPlease refer to Paragraphs 59 and 60 of the Governor’s statement on Mid-term Review of Monetary and Credit Policy for the year 2003-04 enclosed with his letter No. MPD. BC.241/07.01.279/2003-04 dated November 3, 2003 (copy of the paragraphs enclosed). 2
నవం 05, 2003
Auction for sale of Floating Rate Bonds, 2012
Ref.No.IDMD. 1856 /08.02.30.01/2003-04November 5, 2003 All Scheduled Commercial Banks excluding RRBs/All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers in Government Securities Market.Dear Sirs,Auction for sale of Floating Rate Bonds, 2012Government of India have offered to sell "Floating Rate Bonds, 2012" vide Notification F.No.4 (8)-W&M/2003 dated November 5, 2003 for a notified amount of
Ref.No.IDMD. 1856 /08.02.30.01/2003-04November 5, 2003 All Scheduled Commercial Banks excluding RRBs/All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers in Government Securities Market.Dear Sirs,Auction for sale of Floating Rate Bonds, 2012Government of India have offered to sell "Floating Rate Bonds, 2012" vide Notification F.No.4 (8)-W&M/2003 dated November 5, 2003 for a notified amount of
నవం 05, 2003
Auction for Sale of Government of India Floating Rate Bonds 2012
Government of IndiaMinistry of Finance(Department of Economic Affairs)(Budget Division)New Delhi, the November 5, 2003NOTIFICATIONAuction for Sale of Government of India Floating Rate Bonds 2012F.No.4(8) – W&M/2003: Government of India hereby notifies sale of Floating Rate Bonds ('hereinafter called 'the Bonds') of 9 year tenure for an aggregate amount of Rs 5,000 crore. The sale will be subject to the terms and conditions spelt out in this notification (called ‘S
Government of IndiaMinistry of Finance(Department of Economic Affairs)(Budget Division)New Delhi, the November 5, 2003NOTIFICATIONAuction for Sale of Government of India Floating Rate Bonds 2012F.No.4(8) – W&M/2003: Government of India hereby notifies sale of Floating Rate Bonds ('hereinafter called 'the Bonds') of 9 year tenure for an aggregate amount of Rs 5,000 crore. The sale will be subject to the terms and conditions spelt out in this notification (called ‘S
నవం 04, 2003
New Education Loan Scheme-Ceiling for Priority Sector Lending
RPCD.PLNFS.No.BC.44 /06.12.05/2003-04November 04, 2003 The Chairman/Managing DirectorAll Scheduled Commercial BanksDear Sir,New Education Loan Scheme-Ceiling for Priority Sector LendingPlease refer to our circular RPCD.PLNFS.No.BC. 83/06.12.05/2000-01 dated April 28, 2001 on the captioned subject wherein banks have been advised to formulate their own Education Loan Schemes based on the Model Scheme.2. In order to encourage banks to lend more to the poor and needy stud
RPCD.PLNFS.No.BC.44 /06.12.05/2003-04November 04, 2003 The Chairman/Managing DirectorAll Scheduled Commercial BanksDear Sir,New Education Loan Scheme-Ceiling for Priority Sector LendingPlease refer to our circular RPCD.PLNFS.No.BC. 83/06.12.05/2000-01 dated April 28, 2001 on the captioned subject wherein banks have been advised to formulate their own Education Loan Schemes based on the Model Scheme.2. In order to encourage banks to lend more to the poor and needy stud
నవం 04, 2003
Draft guidelines on investment by the FIs in debt securities
DBS.FID.No. C-8/01.02.00/2003-04November 4, 2003The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir,Draft guidelines on investment by the FIs in debt securitiesThe matter of regulating resource raising by the listed companies through private placement of debt had been under consideration of SEBI. SEBI has since issued a Circular (No. SEBI/MRD/SE/AT/36/2003/30/9 dated September 30, 2003 – copy enclosed at Annex 1) prescribing the guidelines to be co
DBS.FID.No. C-8/01.02.00/2003-04November 4, 2003The CEOs of all-India Term Lending and Refinancing InstitutionsDear Sir,Draft guidelines on investment by the FIs in debt securitiesThe matter of regulating resource raising by the listed companies through private placement of debt had been under consideration of SEBI. SEBI has since issued a Circular (No. SEBI/MRD/SE/AT/36/2003/30/9 dated September 30, 2003 – copy enclosed at Annex 1) prescribing the guidelines to be co
నవం 03, 2003
Credit Facilities for Small Scale Industries (SSIs)-Collateral free loans
RPCD.PLNFS.BC.No. 39 /06.02.80/2003-04November 3, 2003The Chairman/Managing DirectorAll Scheduled Commercial Banks(including RRBs & Local area Banks)Dear Sir,Credit Facilities for Small Scale Industries (SSIs)-Collateral free loansPlease refer to our circular RPCD.PLNFS.BC. No.90/06.02.80/2001-02 dated April 29, 2002 wherein the loan limit for dispensation of collateral requirement for SSIs was increased from Rs.5 lakh to Rs.15 lakh on the basis of good track reco
RPCD.PLNFS.BC.No. 39 /06.02.80/2003-04November 3, 2003The Chairman/Managing DirectorAll Scheduled Commercial Banks(including RRBs & Local area Banks)Dear Sir,Credit Facilities for Small Scale Industries (SSIs)-Collateral free loansPlease refer to our circular RPCD.PLNFS.BC. No.90/06.02.80/2001-02 dated April 29, 2002 wherein the loan limit for dispensation of collateral requirement for SSIs was increased from Rs.5 lakh to Rs.15 lakh on the basis of good track reco
నవం 03, 2003
Micro-finance
RPCD.No. Plan.BC.42 /04.09.22/2003-04November 3, 2003The Chairman/ Managing DirectorAll Scheduled Commercial Banks(Including RRBs)and Local Area BanksDear Sir,Micro-financePlease refer to our circular RPCD.No.PL.62/04.09.01/99-2000 dated February 18, 2000, wherein detailed guidelines were issued to banks for mainstreaming micro-credit and enhancing the outreach of micro-finance providers. 2.The Reserve Bank of India had constituted four informal groups in October 2002
RPCD.No. Plan.BC.42 /04.09.22/2003-04November 3, 2003The Chairman/ Managing DirectorAll Scheduled Commercial Banks(Including RRBs)and Local Area BanksDear Sir,Micro-financePlease refer to our circular RPCD.No.PL.62/04.09.01/99-2000 dated February 18, 2000, wherein detailed guidelines were issued to banks for mainstreaming micro-credit and enhancing the outreach of micro-finance providers. 2.The Reserve Bank of India had constituted four informal groups in October 2002
నవం 03, 2003
Credit Facilities for Small Scale Industries (SSIs)- Lending by Banks to NBFCs for the purpose of on-lending to SSIs
RPCD.PLNFS. No.40 /06.02.31/2003-04November 3, 2003The Chairman/Managing DirectorAll Scheduled Commercial Banks(including RRBs & Local area Banks)Dear Sir,Credit Facilities for Small Scale Industries (SSIs)- Lending by Banks to NBFCs for the purpose of on-lending to SSIsPlease refer to circulars RPCD. No. PLAN. BC. 82 / 04.09.01/98-99 and RPCD.No. BC. PLAN.17/04.09.01/98-99 dated March 12, 1999 and July 31, 1998 respectively, in terms of which, the quantum of lend
RPCD.PLNFS. No.40 /06.02.31/2003-04November 3, 2003The Chairman/Managing DirectorAll Scheduled Commercial Banks(including RRBs & Local area Banks)Dear Sir,Credit Facilities for Small Scale Industries (SSIs)- Lending by Banks to NBFCs for the purpose of on-lending to SSIsPlease refer to circulars RPCD. No. PLAN. BC. 82 / 04.09.01/98-99 and RPCD.No. BC. PLAN.17/04.09.01/98-99 dated March 12, 1999 and July 31, 1998 respectively, in terms of which, the quantum of lend

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