Daily Archives: July 1, 2016

Master Direction – Operational Guidelines for Primary Dealers

By | July 1, 2016

RBI/IDMD/2016-17/29 Master Direction IDMD.PDRD.01/03.64.00/2016-17 July 1, 2016 All Primary Dealers Dear Sir / Madam Master Direction – Operational Guidelines for Primary Dealers The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to the Primary Dealers (PDs) with respect to their operations. TheMaster Direction enclosed incorporates the updated guidelines/instructions/circulars on… Read More »

RBI Master Directions on Frauds – Classification and Reporting by commercial banks and select FIs

By | July 1, 2016

RBI/DBS/2016-17/28 DBS.CO.CFMC.BC.No.1/23.04.001/2016-17 July 01, 2016 The Chairmen & Chief Executive Officers of all Scheduled Commercial Banks (excluding RRBs) and All India Select Financial Institutions Dear Sir, Master Directions on Frauds – Classification and Reporting by commercial banks and select FIs Please refer to our letter DBS.CO.CFMC.BC.No.1/23.04.001/2015-16 dated July 01, 2015 forwarding the Master Circular on… Read More »

Relief Measures by Banks in Areas Affected by Natural Calamities :RBI Master Directions

By | July 1, 2016

RBI/FIDD/2016-17/27 Master Direction FIDD No.FSD.BC.2/05.10.001/2016-17 July 1, 2016 Master Direction – Reserve Bank of India (Relief Measures by Banks in Areas Affected by Natural Calamities) Directions, 2016 In exercise of the powers conferred by Sections 21 and 35 A of the Banking Regulation Act, 1949, the Reserve Bank of India being satisfied that it is… Read More »

Master Directions on Relief/Savings Bonds

By | July 1, 2016

RBI/IDMD/2016-17/30 IDMD.CDD No.2989/13.01.299/2016-17 July 1, 2016 The Chairman / Managing Director Head Office (Government Accounts Department) State Bank of India and Associates All Nationalized banks (Excluding Punjab and Sind Bank & Andhra Bank) Axis Bank Ltd./ICICI Bank Ltd./HDFC Bank Ltd./ Stock Holding Corporation of India Ltd. (SHCIL) Dear Sir/Madam, Master Directions on Relief/Savings Bonds The… Read More »

Govt not to withhold appointment letters pending character verification

By | July 1, 2016

Government decides not to withhold appointment letters pending the verification of character and antecedents of the successful candidates The Government has decided that the issue of appointment letters need not be withheld pending the verification of character and antecedents of the successful candidates. The appointing authorities will issue provisional appointment letters after obtaining the attestation… Read More »

India and Cyprus : In-principle agreement on all pending issues on DTAA

By | July 1, 2016

In-principle agreement reached on all pending issues on Double Taxation Avoidance Agreement between India and Cyprus An official level meeting between India and Cyprus took place in New Delhi on 28 and 29 June, 2016, to finalize the new India Cyprus Double Taxation Avoidance Agreement, wherein all pending issues, including taxation of capital gains, were… Read More »