Category Archives: other Acts

Fire Audit of Currency Chests – RBI Clarification

By | October 25, 2018

RBI/2018-19/66 DCM (CC) No.1083/03.39.01/2018-19 October 25, 2018 The Chairman & Managing Director Chief Executive Officer / Managing Director All Banks having Currency Chests Madam / Dear Sir, Fire Audit of Currency Chests – Clarification Please refer to the instructions issued vide DCM (CC) No.G-11/3445/03.39.01/2015-16 dated April 13, 2016 on ‘Security / Inspection Needs and Movement of Treasure’.… Read More »

RBI Master Direction 2018 for Relief Measures by Banks in Areas affected by Natural Calamities -RRBs

By | October 18, 2018

RBI/FIDD/2018-19/65 Master Direction FIDD.CO.FSD.BC No.10/05.10.001/2018-19 October 17, 2018 The Chairman All Regional Rural Banks Madam / Sir, Master Direction – Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – RRBs The Master Direction on relief measures by banks in areas affected by Natural Calamities was first issued to Scheduled… Read More »

Category: RBI

RBI Master Direction 2018 for Relief Measures by Banks Natural Calamities -SCBs

By | October 18, 2018

RBI/FIDD/2018-19/64 Master Direction FIDD.CO.FSD.BC No.9/05.10.001/2018-19 October 17, 2018 The Chairman/Managing Director/Chief Executive Officer All scheduled commercial banks (including Small Finance Banks and excluding Regional Rural Banks) Madam / Sir, Master Direction – Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – SCBs Please refer to our ‘Master… Read More »

Prepaid Payment Instruments (PPIs) – RBI Guidelines for Interoperability

By | October 17, 2018

RBI/2018-19/61 DPSS.CO.PD.No.808/02.14.006/2018-19 October 16, 2018 All Prepaid Payment Instrument Issuers, System Providers and System Participants Madam / Dear Sir, Prepaid Payment Instruments (PPIs) – Guidelines for Interoperability A reference is invited to the Master Direction DPSS.CO.PD.No.1164/02.14.006/2017-18 dated October 11, 2017 (updated as on December 29, 2017) on Issuance and Operation of PPIs (M.D.). As per the road-map… Read More »

Category: RBI

Sovereign Gold Bond 2018-19 Series-II-Issue Price

By | October 12, 2018

Sovereign Gold Bond 2018-19 Series-II-Issue Price Date : Oct 12, 2018 In terms of GoI notification F.No.4(22)-W&M/2018 and RBI circular IDMD.CDD.No.821/14.04.050/2018-19 dated October 08, 2018, the Sovereign Gold Bond Scheme 2018-19 – Series II will be opened for subscription for the period from October 15, 2018 to October 19, 2018. The nominal value of the bond based on the… Read More »

Category: RBI

Sovereign Gold Bond Scheme 2018-19 : Operational Guidelines by RBI issued

By | October 8, 2018

RBI/2018-19/58 IDMD.CDD.No.822/14.04.050/2018-19 October 08, 2018 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 Bond Scheme 2018-19, Operational Guidelines This has reference to the GoI notification F.No.4(22)-W&M/2018 and RBI circular IDMD.CDD.No. /14.04.050/2018-19… Read More »

Category: RBI

Sovereign Gold Bond Scheme 2018-19 : RBI issued terms and conditions

By | October 8, 2018

RBI/2018-19/57 IDMD.CDD.No.821/14.04.050/2018-19 October 08, 2018 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 Bond Scheme 2018-19 Government of India has vide its Notification F.No. 4(22)-W&M/2018 dated October 08,… Read More »

Category: RBI

Electronic Trading Platforms (Reserve Bank) Directions 2018

By | October 5, 2018

The Electronic Trading Platforms (Reserve Bank) Directions, 2018 RBI/2018-2019/55 FMRD.FMID.07/14.03.027/2018-19 October 05, 2018 To All operators of Electronic Trading Platforms Dear Sir/Madam The Electronic Trading Platforms (Reserve Bank) Directions, 2018 Please refer to Paragraph 9 of the Statement on Developmental and Regulatory Policies, Reserve Bank of India issued as part of the Fourth Bi-monthly Monetary Policy Statement… Read More »

Category: RBI

Liberalisation of External Commercial Borrowings (ECB) Policy by RBI

By | October 3, 2018

RBI/2018-2019/54 A.P. (DIR Series) Circular No.10 October 3, 2018 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy – Liberalisation Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.4.5, 2.4.6 and 2.5 of Master Direction No.5 dated January 1, 2016 on “External Commercial Borrowings, Trade Credit, Borrowing and… Read More »

Category: RBI

Competition Law Review Committee formed to review the Competition Act

By | October 1, 2018

Ministry of Corporate Affairs Government constitutes Competition Law Review Committee to review the Competition Act In pursuance of its objective of ensuring that Legislation is in sync with the needs of strong economic fundamentals, the Government has constituted a Competition Law Review Committee to review the Competition Act. The Competition Act was passed in the… Read More »