RBI/2016-17/91 A.P. (DIR Series) Circular No. 9 October 20, 2016 To All Category – I Authorised Dealer Banks Madam/Sir, Rupee Drawing Arrangement – Trade related remittance limit Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No.102 dated May 21, 2015 permitting them to regularize… Read More »
RBI/2016-17/92 A.P. (DIR Series) Circular No. 10 October 20, 2016 To All Category – I Authorised Dealer Banks Madam/Sir, External Commercial Borrowings (ECB) – Extension and conversion Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to paragraph No. C.14, F.18 and F.19 of Annex to A.P. (DIR Series) Circular No.32 dated November 30,… Read More »
Grant of ‘Certificate of Registration’ – For carrying on the business of credit information – Experian Credit Information Company of India Private Limited (ECICI) RBI/2016-17/94 DBR.CID.BC.27/20.16.040/2016-17 All Credit Institutions October 20, 2016 Dear Sir / Madam Grant of ‘Certificate of Registration’ – For carrying on the business of credit information – Experian Credit Information Company… Read More »
Risk Weights for exposures to HFCs RBI/2016-17/95 DBR.BP.BC.No.20/21.06.001/2016-17 October 20, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Risk Weights for exposures to HFCs It has been observed that there is a lack of uniformity among banks in the application of risk weights on their exposures to Housing Finance Companies (HFCs). 2.… Read More »
Framework for imposing monetary penalty on Authorised Payment Systems Operators / banks under Payment and Settlement Systems Act, 2007 RBI/2016-17/97 DPSS.CO.OD. No.1082/06.08.005/2016-17 October 20, 2016 To, Authorised Payment system operators / banks Dear Sir/Madam, Framework for imposing monetary penalty on Authorised Payment Systems Operators / banks under Payment and Settlement Systems Act, 2007 The Payment… Read More »
Foreign investment in Other Financial Services RBI/2016-17/90 A.P. (DIR Series) Circular No. 8 October 20, 2016 To All Category – I Authorised Dealer Banks Madam/Sir, Foreign investment in Other Financial Services Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security… Read More »
Review of sectoral caps and simplification of Foreign Direct Investment (FDI) Policy RBI/2016-17/88 A.P. (DIR Series) Circular No. 6 October 20, 2016 To All Category – I Authorised Dealer Banks Madam/Sir, Review of sectoral caps and simplification of Foreign Direct Investment (FDI) Policy Attention of Authorised Dealer Category – I (AD Category-I) banks is invited… Read More »
Foreign Exchange Management (Manner of receipt and payment) Regulations, 2016 RBI/2016-17/93 A.P. (DIR Series) Circular No. 11 [(1)/14(R)] October 20, 2016 To All Category – I Authorised Dealer Banks Madam/Sir, Foreign Exchange Management (Manner of receipt and payment) Regulations, 2016 Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.D.(M.A. Series) Circular No.… Read More »
Sovereign Gold Bonds- Maximum Limit of Investment and Acceptance as Collateral- Clarification RBI/2016-17/96 IDMD.CDD.No.892/14.04.050/2016-17 October 20, 2016 The Chairman & Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding Corporation of India Ltd.(SHCIL) National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bonds- Maximum Limit… Read More »
RBI/2016-17/99 IDMD.CDD.No.894 /14.04.050/2016-17 October 20, 2016 The Chairman & Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding Corporation of India Ltd.(SHCIL) National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bonds 2016-17 Series III – Operational Guidelines This has reference to the GoI notification… Read More »