IMPORT OF GOODS AND SERVICES MASTER CIRCULAR NO.13/2015-16, DATED 1-7-2015 Import of Goods and Services into India is being allowed in terms of Section 5 of the Foreign Exchange Management Act 1999 (42 of 1999), read with Notification No. G.S.R. 381(E) dated May 3, 2000 viz. Foreign Exchange Management (Current Account Transaction) Rules, 2000 as… Read More »
HOUSING FINANCE MASTER CIRCULAR DBR.No.DIR.BC.13/08.12.001/2015-16, DATED 1-7-2015 Please refer to the Master Circular DBOD No. Dir. BC. 18/08.12.001/2014-15 dated July 1, 2014 consolidating the instructions/guidelines issued to banks till June 30, 2014 relating to Housing Finance. This Master Circular consolidates instructions on the above matter issued up to June 30, 2015. A. Purpose To consolidate… Read More »
EXPORT OF GOODS AND SERVICES MASTER CIRCULAR NO.14/2015-16, DATED 1-7-2015 Export of Goods and Services from India is allowed in terms of clause (a) of sub-section (1) and sub-section (3) of Section 7 of the Foreign Exchange Management Act 1999 (42 of 1999), read with Notification No. G.S.R. 381(E) dated May 3, 2000 viz. Foreign… Read More »
RUPEE AND FOREIGN CURRENCY EXPORT CREDIT AND CUSTOMER SERVICE TO EXPORTERS MASTER CIRCULAR DBR No.DIR.BC.14/04.02.002/2015-16, DATED 1-7-2015 Please refer to the Master Circular DBOD No.DIR.(Exp).BC19/04.02.002/2014-15 dated July 1,2014 consolidating the instructions/guidelines issued to banks till June 30, 2014, relating to Rupee/ Foreign Currency Export Credit & Customer Service to Exporters. This Master Circular consolidates instructions… Read More »
FOREIGN DIRECT INVESTMENT IN INDIA MASTER CIRCULAR NO.15/2015-16, DATED 1-7-2015 Foreign investment in India is governed by sub-section (3) of Section 6 of the Foreign Exchange Management Act, 1999 read with Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. The regulatory framework and instructions issued by the Reserve Bank… Read More »
BRANCH LICENSING MASTER CIRCULAR DBR.CO.RRB.BL.BC.NO. 17/31.01.002/2015-16, DATED 1-7-2015 Please refer to the Master Circular RPCD.CO.RRB.No.BL.BC.4/03.05.90/2014-15 dated July 1, 2014 consolidating instructions/guidelines issued to Regional Rural Banks (RRBs) on Branch Licensing till June 30, 2014. The Master Circular has been suitably updated by incorporating the instructions issued up to June 30, 2015. The Master Circular has… Read More »
WILFUL DEFAULTER MASTER CIRCULAR DBR.No.CID.BC.22/20.16.003/2015-16 DATED 1-7-2015, Please refer to the Master Circular no. DBR.No.CID.BC.57/20.16.003/2014-15 dated July 1, 2014 consolidating instructions/guidelines issued to banks/FIs till June 30, 2014 and updated as on January 7, 2015 on matters related to wilful defaulters. 2. This Master Circular consolidates instructions on the above matters up to June 30,… Read More »
CASH RESERVE RATIO (CRR) AND STATUTORY LIQUIDITY RATIO (SLR) MASTER CIRCULAR DBR.No.RET.BC.24/12.01.001/2015-16, DATED 1-7-2015 Please refer to the Master Circular RBI/2014-15/91 DBOD.No.Ret.BC.11/12.01.001/2014-15 dated July 01, 2014 updating instructions/guidelines issued to the Scheduled Commercial Banks (SCBs) on CRR/SLR till June 30, 2014. This Master Circular consolidates instructions on the above matters issued up to June 30,… Read More »
EXEMPTIONS FROM THE PROVISIONS OF RBI ACT, 1934 MASTER CIRCULAR DNBR (PD) CC.No.052/03.10.119/2015-16, DATED 1-7-2015 As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars/notifications. The instructions related to the captioned subject contained in various circulars issued by RBI updated… Read More »
FAIR PRACTICES CODE MASTER CIRCULAR DNBR (PD) CC.No.054/03.10.119/2015-16, DATED 1-7-2015 As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars/notifications. The instructions related to the captioned subject contained in various circulars issued by RBI updated as on June 30, 2015… Read More »