PM’s address to Nation on Black Money (Hindi) -Bank Note Rs 500 and 1000 Ban
PM’s address to the Nation on Black Money (Hindi)
Category Archives: RBI
FEMA Transfer or Issue of Security by Person Resident outside India- (Sixteenth Amendment) Regulations 2016
RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 4th November, 2016 No. FEMA. 379/2016-RB Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Sixteenth Amendment) Regulations, 2016 G.S.R. 1042(E).—In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47… Read More »
Hedging Clarifications by RBI for External Commercial Borrowings
RBI/2016-17/110 A.P. (DIR Series) Circular No. 15 November 07, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir External Commercial Borrowings (ECB) – Clarifications on hedging Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.i and 3 of A.P. (DIR Series) Circular No.56 dated March 30, 2016 and paragraph… Read More »
RBI announces Draft guidelines for Centralised Hedging for Indian Subsidiaries of Non-Resident Companies
RBI announces Draft guidelines for Centralised Hedging for Indian Subsidiaries of Non-Resident Companies The Reserve Bank of India today released draft operational guidelines to allow the overseas parent or its central treasury to hedge the currency risk arising out of genuine current account exposures of the Indian subsidiary in order to better manage the latter’s… Read More »
Issuance of Rupee denominated bonds overseas by Indian banks
Issuance of Rupee denominated bonds overseas by Indian banks RBI/2016-17/107 A.P. (DIR Series) Circular No. 14 November 03, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir Issuance of Rupee denominated bonds overseas by Indian banks Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the measures… Read More »
Indian Banks permitted to raise funds through rupee denominated bonds
Issue of Rupee Denominated Bonds overseas RBI/2016-17/108 DBR.BP.BC.No.28 /21.06.001/2016-17 November 03, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Issue of Rupee Denominated Bonds overseas Please refer to A.P. (DIR Series) Circular No.14 dated November 03, 2016 on issue of rupee denominated bonds overseas by Indian banks. 2. We advise that banks… Read More »
Banks to have 10% ATMs for Dispensation of Rs.100 banknotes exclusively
Dispensation of Rs.100 denomination banknotes through exclusive ATMs RBI/2016-17/106 DCM (CC) No.1170/03.41.01/2016-17 November 02, 2016 The Chairman & Managing Director / Chief Executive Officer, All Banks Madam / Dear Sir, Dispensation of Rs.100 denomination banknotes through exclusive ATMs Please refer to our circular DCM (CC) G-10/3352/03.41.01/2015-16 dated May 5, 2016 on the Currency Circulation and… Read More »
Pay Advance Income Tax at RBI or at authorised bank
Pay IT dues in advance at RBI or at authorised bank branches – December 2016 Date : Nov 02, 2016 The Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date. It has also stated that assessees can use alternate channels like… Read More »
RBI updates Branch Locator as per Census 2011
RBI updates Branch Locator as per Census 2011 Date : Nov 01, 2016 The Reserve Bank of India has updated its Branch Locator – a link on its website containing the list of branches/offices of commercial banks. The link now has classification of branches/offices into various population groups with revised base population as per Census… Read More »
Interest Rate Futures RBI Directions 2016
RBI/2016-17/104 FMRD.DIRD.10/14.03.01/2016-17 October 28, 2016 To All market participants Dear Sir/Madam Money Market Futures As announced in the first Bi-Monthly Monetary Policy Statement, 2016-17, it has been decided to introduce Interest Rate Futures based on any rupee denominated money market interest rate or money market instrument on SEBI authorised stock exchanges. 2. In this regard,… Read More »