Community & General News
Domestic Money Transfer - Relaxations
07 October 2011 at 18:57Domestic Money Transfer - Relaxations RBI/2011-12/213 DPSS.PD.CO.No. 62/02.27.019/2011-2012 October 5, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks
ICAI - President's Message - October 2011
01 October 2011 at 11:49Let me first wish all our readers moments of great inspiration that 2nd October as birthday of the father of our nation, Mahatma Gandhi, instils in the hearts of the people of India and the world.
FDI Circular 2 of 2011
30 September 2011 at 18:46The consolidated FDI policy document is a single reference point for investors and regulators. The first such consolidation was released in March, 2010 after which it has been updated every six months. This‘Circular 2 of 2011’-is the
Proposed Amendment of the Articles of Agreement of the International Monetary Fund on Reform of the Executive Board approved
30 September 2011 at 15:02The Union Cabinet today gave its approval to certain amendments to the IMF`s Articles of Agreement on Reform of the Executive Board of the IMF. The amendments are part of a package of reforms on quotas and governance in the IMF. Along with the rec
ICWAI - President Communique for October, 2011
30 September 2011 at 10:42Action may not always bring happiness...but there is no happiness without action. - Benjamin Disraeli Dear Professional Colleagues, We are approaching the festive season, which brings joy to the millions of lives in our country. Celebrated in all
Finance Ministers Statement on 2G Note
30 September 2011 at 10:00The following is the text of the Finance Minister, Shri Pranab Mukherjees statement, made here today: A number of stories on 2G Spectrum had appeared in the media in January 2011. A view was taken that a harmonized note based on fact
Attempt to defraud using fake bank guarantee-modus operandi
28 September 2011 at 13:10RBI/2011-12/206 DNBS(PD).CC. No.245 /03.10.42 /2011-12 September 27 , 2011 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Attempt to defraud using fake bank guarantee-modus operandi Instances of fraud have been bro
Union Finance Minister's Address to BRICS
23 September 2011 at 17:13Following is the Text of the address delivered by Union Finance Minister Shri Pranab Mukherjee at the BRICS Finance Ministers Meeting in Washington DC, yesterday: “We are meeting here at the time when global economic growth seems to be losi
Returns to be submitted by NBFCs - Revised Formats
23 September 2011 at 12:23RBI/2011-12/195 DNBS(PD).CC. No.243/03.02.02/2011-12 September 22, 2011 All Non Banking Financial Companies (excluding RNBCs) Dear Sir, Returns to be submitted by NBFCs- Revised Formats In terms of extant instructions, NBFCs are required t
Dishonour of electronic funds transfer for insufficiency of funds in the bank account - clarification
21 September 2011 at 17:03DOC/2011-12/191 DPSS. CO.PD.No.497/02.12.004/2011-12 September 21, 2011 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District
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