Others Notification & Circulars
Bank Finance to Non Banking Financial Companies
Bank Finance to Factoring CompaniesRefer to the Master Circular No. RBI /2007-08/52.DBOD.BP.BC.13. /08.12.01/2007-08 dated July 2, 2007 on bank finance to non-banking financial companies (NBFCs). In terms of para 5.1 (i) of the circular, bills discounted / rediscounted by NBFCs (which is deemed to i..
No Charge for Balance Enquiry through ATM
No Charge for Balance Enquiry through ATM Reserve Bank of India has announced a good news for all the users of ATM. Automated Teller Machines (ATMs) have gained prominence as a delivery channel for banking transactions in India. Banks have been deployi..
Adopt electronic Medium for Bulk Payments to ensure Safety
Adopt electronic Medium for Bulk Payments to ensure Safety Recognising the importance of ensuring the safety and security of the payment systems, Reserve Bank of India (RBI) has put in place three modes of electronic payments, namely:- ..
New approach towards monitoring of frauds in NBFCs
RBI-2007-2008/257 DNBS.PD.CC. No.112 /03.10.42/2007-08 With Referance to Circular No. 106 dated September 04, 2007 on the captioned subject which has now been revised as under: Para 2.2- Cases of 'negligence and cash shortages' and 'irregularities in foreign exchange transactions' referred t..
Revised Norms of UCBs for Regulatory Purposes
Revised Norms of UCBs for Regulatory Purposes Cir.No.35 /09.20.001/07-08 Banks are being categorized for regulatory purposes as under: (a) Tier I Banks: Unit banks i.e. banks having a single branch / HO with deposits up to Rs. 100 crore and banks having multiple branches within a single dis..
NOTIFICATION NO. 83 (RE-2007)/2004-2009
GOVERNMENT OF INDIAMINISTRY OF COMMERCE & INDUSTRYDEPARTMENT OF COMMERCE NEW DELHI, THE 11th MARCH, 2008 NOTIFICATION NO. 83 (RE-2007)/2004-2009 S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Par..
Govt Ban on export of edible oil
85 ( RE-2007)/2004-2009, Dated: March 17, 2008 In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following a..
Govt Ban on export of basmati & non-basmati rice
84 (RE-2007)/2004-2009, Dated: March 17, 2008 Subject: Prohibition on export of Basmati and non-basmati rice – regarding. In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992..
amendments to sebi guidelines 2000
Amendments to SEBI (Disclosure and Investor Protection) Guidelines, 2000 CIRCULAR NO. SEBI/CFD/DIL/DIP/30/2008/17/03, DATED 17-3-2008 1. In exercise of the powers conferred under sub-section (1) of section 11 of the Securities and Exchange Board of India Act, 1992, it has been decided to..
Load on Bonus Units
Load on Bonus Units and units allotted on Reinvestment of Dividend CIRCULAR NO. SEBI/IMD/CIR NO. 14/120784/08, DATED 18-3-2008 1. The practice of charging load on bonus units issued to unit holders by mutual funds was taken up with AMFI. Based on the recommendations of AMFI Working Group on Standa..
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