Others Notification & Circulars

Clarification regarding Clubbing of Advance Authorisations

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Certain Serial No Omitted in List of Items Reserved for Exclusive Manufacture in Small Scale Sector

Certain Serial No Omitted in List of Items Reserved for Exclusive Manufacture in Small Scale Sector NOTIFICATION NO. S.O. 246(E), DATED 5-2-2008 In exercise of the powers conferred by section 29B of the Industries (Development and Regulation) Act, 1951 (65 of 1951), the Central Gov..

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3rd Amendment in Insurance Regulatory and Development Authority (Obligations of Insurance to Rural or Social Sectors) Regulations

3rd Amendment in Insurance Regulatory and Development Authority (Obligations of Insurance to Rural or Social Sectors) Regulations, 2008 NOTIFICATION F. NO. IRDA/REG/1/42/2008, DATED 3-1-2008 In exercise of the powers conferred by section 32C read with section 32B of the Insurance Act, 1938..

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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..

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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..

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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:- ..

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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..

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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..

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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..

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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..

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