Notifications

RBI/2011-12/366 A.P. (DIR Series) Circular No.69 January 25, 2012 To All Authorised Dealer Category- I Banks Madam / Sir, External Commercial Borrowings – Simplification of procedure Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, notified vide Notification No. FEMA 3/2000-RB dated May 3, 2000 and the A.P. (DIR Series) Circular No. 5 dated August

By Dr. D. Subbarao Governor Introduction Since the Second Quarter Review (SQR) of Monetary Policy in October 2011, there have been significant changes in the global scenario. On the one hand, concerns over the sustainability of sovereign debt problem in the euro area have intensified. On the other, there are modest signs of improvement in the US. In the emerging and developing economies (EDEs), growth has been moderating, reflecting the sluggishness in the advanced ec

RBI/2011-12/363 Ref: DBOD.No.Ret.BC.74 /12.01.001/2011-12 January 24, 2012 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular DBOD.No.Ret.BC.90/12.01.001/2009-10 dated April 20, 2010 on the captioned subject. 2. @@NBSP@@The Reserve Bank in its Third Quarter Review of Monetary Policy 2011-12 issued on January 24, 2012, decided to reduce the Cash

Ref.No.IDMD / 2969 /08.02.032/2011-12 January 23, 2012 All Scheduled Commercial Banks 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) @@NBSP@@(a) “8.19 percent@@NBSP@@ Government Stock 2020 for a notified amount of Rs.4,000 crore (nominal) through a price based auction using unifo

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated January 23, 2012 NOTIFICATION Auction for Sale (Re-issue ) of ‘8.19 per cent Government Stock, 2020’ F. No.4 (4) W&M/2011: Government of India hereby notifies sale (re-issue) of ‘8.19 per cent Government Stock, 2020’ (hereinafter called 'the Stock') for an aggregate amount of Rs. 4,000 crore (nominal). The sale will be subject to the terms and conditions spelt o

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated January 23, 2012 NOTIFICATION Auction for Sale (Re-issue ) of ‘9.15 per cent Government Stock, 2024’ F. No.4 (4) W&M/2011(i): Government of India hereby notifies sale (re-issue) of ‘9.15 per cent Government Stock, 2024’ (hereinafter called 'the Stock') for an aggregate amount of Rs. 6,000 crore (nominal). The sale will be subject to the terms and conditions spel

Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated January 23, 2012 NOTIFICATION Auction for Sale (Re-issue ) of ‘8.97 per cent Government Stock, 2030’ F. No.4 (4) W&M/2011(ii): Government of India hereby notifies sale (re-issue) of ‘8.97 per cent Government Stock, 2030’ (hereinafter called 'the Stock') for an aggregate amount of Rs. 3,000 crore (nominal). The sale will be subject to the terms and conditions spe

RBI/2011-12/358 DBOD. AML. No. 10874/14.06.001/2011-12 January 20, 2012 The Chairman / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / Financial Institutions Dear Sir, Implementation of UNSCR 1929(2010) on Non-proliferation Government of India Order of November 04, 2011 Please find enclosed a copy of Ministry of External Affairs Order dated November 4, 2011 published in the Gazette of India on implementation of United Nations Security Counc

RBI/2011-12/359 DGBA.CDD. No.H- 4836 /15.02.001/2011-12 January 20, 2012 The Chairman and Managing Director/Managing Director Head Office, Government Accounts Department State Bank of India/State Bank of Patiala/ State Bank of Bikaner & Jaipur/State Bank of Travancore/ State Bank of Hyderabad/ State Bank of Mysore/ Andhra Bank/ Allahabad Bank/Bank of Baroda/Bank of India/ Bank of Maharashtra/Canara Bank/Central Bank of India/ Corporation Bank/Dena Bank/Indian Bank

RBI/2011-12/353 A. P. (DIR Series) Circular No.68 January 17, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, Risk Management and Inter-Bank Dealings - Commodity Hedging Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 [Notification No. FEMA 25/RB-2000 dated May 3, 2000], as amended from time to time and A.P. (DIR Se