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Others Notification & Circulars


Banks as sponsors to Infrastructure Debt Funds

 Notification No#DBOD.FSD.BC.No. 57/24.01.006/2011-12     21 November 2011

RBI/2011-12/269 DBOD.FSD.BC.No. 57/24.01.006/2011-12 November 21, 2011 The Chairmen and Managing Directors / Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs)   Dear Sir, Banks as sponsors to Infrastructure Debt Funds (IDFs)   In order to accele..

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Direct Access to Negotiated Dealing System-Order Matching (NDS-OM)

 Notification No#IDMD.DOD.No.13 /10.25.66/2011-12     18 November 2011

 RBI/2011-12/265 IDMD.DOD.No.13 /10.25.66/2011-12 November 18, 2011 To All SGL/CSGL Account holders, Dear Sir/Madam, Direct Access to Negotiated Dealing System-Order Matching (NDS-OM) Please refer to our circular IDMD.DOD.No. 5893 /10.25.66/ 2007-08 dated May 27, 2008 on acces..

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“Set-off” of export receivables against import payables - Liberalization of Procedure

 Notification No#A.P. (DIR Series) Circular No. 47     17 November 2011

 RBI/2011-12/264 A.P. (DIR Series) Circular No. 47 November 17, 2011 To All Category – I Authorized Dealer Banks Madam/Sir, “Set-off” of export receivables against import payables- Liberalization of Procedure Attention of Authorized Dealer Category – I (AD Cate..

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NEFT - Access Criteria for Regional Rural Banks (RRBs)

 Notification No#DPSS (CO) EPPD No. /838/04.03.01/2011-12     17 November 2011

 RBI/2011-12/263 DPSS (CO) EPPD No. /838/04.03.01/2011-12 November 17, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks / Regional Rural Banks Madam / Dear Sir, NEFT - Access Criteria for Regional Rural Banks (RRBs) Please refer to our&n..

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UCBs - Repayment of Term/Fixed Deposits in banks

 Notification No#UBD.BPD.(PCB)CIR No. 11/13.01.000/2011-12     17 November 2011

 RBI/2011-12/261 UBD.BPD.(PCB)CIR No. 11/13.01.000/2011-12 November   17, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir, Repayment of Term/Fixed Deposits in banks It has come to our notice that some banks insist on the signatures of both t..

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Overseas forex trading through electronic / internet trading portals

 Notification No#A.P. (DIR Series) Circular No. 46     17 November 2011

 RBI/2011-12/262 A.P. (DIR Series) Circular No. 46 November 17, 2011 To, All Authorised Dealer Category I Banks Madam/ Sir, Overseas forex trading through electronic / internet trading portals   Attention of the Authorised Dealer Category - I (AD Category - I) banks is invited ..

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RRBs - Payment of Cheques/Drafts/Pay Orders/Banker's Cheques

 Notification No#RPCD.CO RRB. AML.BC.NO. 31 /03.05.33(E)/2011-12     16 November 2011

 RBI/2011-12/260 RPCD.CO RRB. AML.BC.NO. 31 /03.05.33(E)/2011-12 November 16, 2011 The Chairmen All Regional Rural Banks (RRBs)   Dear Sir, Payment of Cheques/Drafts/Pay Orders/Banker's Cheques   In India, it has been the usual practice among bankers to make payment of on..

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FDI – Reporting of Issue / Transfer of ‘Participating Interest/Right’ in Oil Fields to a Non-Resident as an FDI Transaction

 Notification No#A.P. (DIR Series) Circular No. 45     16 November 2011

 RBI/2011-12/259 A.P. (DIR Series) Circular No. 45 November 16, 2011 To, All Category – I Authorised Dealer banks Madam / Sir, Foreign Direct Investment – Reporting of issue / transfer of ‘participating interest/right’ in oil fields to a non resident as an..

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Interest Rates on Export Credit in Foreign Currency

 Notification No#DBOD.DIR.No. 52 /04.02.001/2011-12     15 November 2011

 RBI/2011-12/258 DBOD.DIR.No. 52 /04.02.001/2011-12 November 15, 2011 All Scheduled Commercial Banks Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.(Exp).No.76/04.02.001/2009-10 dated February 19, 2010 as also paragra..

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Trade Credits for Imports into India – Review of all-in-cost ceiling

 Notification No#A. P. (DIR Series) Circular No. 44     15 November 2011

 RBI/2011 -12/257 A. P. (DIR Series) Circular No. 44 November 15, 2011 To, All Category - I Authorised Dealer Banks Madam / Sir, Trade Credits for Imports into India – Review of all-in-cost ceiling Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to ..

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