Category Archives: other Acts

Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM) :Master Circular

By | July 7, 2016
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RBI/2016-17/10 FIDD.GSSD.CO.BC.No.04/09.16.03/2016-17 July 01, 2016 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir/Madam, Master Circular: Deendayal Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM) Reserve Bank of India has periodically issued instructions/directives to banks with regard to operationalisation of the Government of India’s National Urban Livelihoods Mission (NULM) Scheme now renamed as “Deendayal Antyodaya… Read More »

Credit facilities to Scheduled Castes (SCs) & STs : RBI Master Circular

By | July 7, 2016
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RBI/2016-17/05 FIDD.CO.GSSD.BC.No.03/09.09.01/2016-17 July 01, 2016 The Chairman / Managing Director All Scheduled Commercial Banks Dear Sir, Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs) Please refer to the Master Circular FIDD.CO.GSSD.BC.No 06/09.09.01/2015-16 dated July 01, 2015 consolidating guidelines / Instructions / directions issued to banks with regard to providing credit… Read More »

Category: RBI

Credit Facilities to Minority Communities : RBI Master Circular

By | July 7, 2016
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RBI/2016-17/04 FIDD.GSSD.BC.No.01/09.10.01/2016-17 July 1, 2016 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir, Master Circular- Credit Facilities to Minority Communities Please refer to our Master Circular FIDD.GSSD.BC.No.05/09.10.01/2015-16 dated July 01, 2015, consolidating the instructions / guidelines / directives issued to banks till that date relating to Credit Facilities to Minority Communities. The Master… Read More »

SHG-Bank Linkage Programme : RBI Master Circular

By | July 7, 2016
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BI/2016-17/3 FIDD.FID.BC.No.06/12.01.033/2016-17 July 01, 2016 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir Master Circular on SHG-Bank Linkage Programme The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable the banks to have instructions at… Read More »

Discontinuation of Reporting of Bank Guarantee on behalf of service importers

By | July 7, 2016
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RBI/2016-17/8 A.P. (DIR Series) Circular No. 1 July 07, 2016 To All Category – I Authorised Dealer Banks Madam/Sir, Discontinuation of Reporting of Bank Guarantee on behalf of service importers Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to para no. 5 of the Master Direction No.8 dated January 01, 2016 on ‘Other… Read More »

Category: RBI

Lead Bank Scheme ; RBI Master Circular

By | July 7, 2016
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RBI/2016-17/02 FIDD.CO.LBS.BC.No.5/02.01.001/2016-17 July 1, 2016 The Chairmen and Managing Directors SLBC Convenor Banks/Lead Banks Dear Sir/Madam MASTER CIRCULAR – Lead Bank Scheme The Reserve Bank of India has issued guidelines on Lead Bank Scheme from time to time. This Master Circular consolidates the relevant guidelines issued by Reserve Bank of India on Lead Bank Scheme… Read More »

Long Term (Subordinated) Deposits (LTDs) – Review of guidelines

By | July 7, 2016
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RBI/2016-17/7 DCBR.BPD.Cir No. 21/09.18.201/2016-17 Ashadha 16, 1938 July 7, 2016 All Primary (Urban) Co-operative Banks (UCBs), State / District Central Co-operative Banks (StCBs / DCCBs) Dear Sir / Madam Long Term (Subordinated) Deposits (LTDs) – Review of guidelines Please refer to our circulars UBD.PCB.Cir.No.4/09.18.201/08-09 dated July 15, 2008 and RPCD.RCB.BC.73/07.51.012/2013-14 dated January 7, 2014 prescribing… Read More »

Revision of interest rates for Small Savings Schemes

By | July 7, 2016
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RBI/2016-17/6 DGBA. GAD.13/15.02.005/2016-17 July 7, 2016 The Chairman/Chief Executive Officer Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014, Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004 Dear Sir Revision of interest rates for Small Savings Schemes Please refer to our circular DGBA.GAD.3175/15.02.005/2015-16 dated April 7, 2016 on the above subject. The Government of India,… Read More »

Campus Placement Programme for Newly Qualified CA, Aug -Sept 2016

By | July 7, 2016
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Announcement for Campus Placement Programme for Newly Qualified Chartered Accountants  August-September,2016 The Committee for Professional Accountants in Business & Industry (CPABI) of The Institute of Chartered Accountants of India (ICAI) takes care of the interest of the members who are in industry and organizes Campus Placement Programmes for Chartered Accountants. The CPABI is pleased to… Read More »

Upfront payment of interest allowable in the year of payment , No Spreading required over the years : SC

By | July 6, 2016
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[2015] 372 ITR 605 (SC) SUPREME COURT OF INDIA Taparia Tools Ltd. v. Joint Commissioner of Income-tax, Nasik A.K. SIKRI AND ROHINTON FALI NARIMAN, JJ. CIVIL APPEAL NOS. 6366 – 6368 OF 2003 AND 6946 – 6948 OF 2004 MARCH  23, 2015 K. Radhakrishnan, Sr. Adv., Sanjay M. Shah, Rustom B. Hathikhanawala, Ms. Niranjana Singh,… Read More »