External Commercial Borrowings by Startups RBI/2016-17/103 A.P. (DIR Series) Circular No. 13 October 27, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir External Commercial Borrowings (ECB) by Startups Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the announcement made by the Reserve Bank in the Fourth Bi-monthly Monetary Policy… Read More »
RBI/2016-17/102 DCM (FNVD) No.1134/16.01.05/2016-17 October 27, 2016 The Chairman & Managing Director Chief Executive Officers All Banks Dear Sir / Madam, Detection and Impounding of Counterfeit Notes It has come to our notice that some unscrupulous elements are putting into circulation Fake Indian Currency Notes of higher denominations in the course of normal transactions, taking… Read More »
Circulation of Counterfeit (fake) Currency Notes – Public Notice Date : Oct 26, 2016 It has come to our notice that unscrupulous elements are putting into circulation Fake Indian Currency Notes of higher denominations in the course of normal transactions, taking advantage of the gullible and unsuspecting nature of some members of the public. We… Read More »
ATM/Debit Card Data Breach Date : Oct 24, 2016 The Reserve Bank of India convened a meeting today with senior officials from select banks, National Payment Corporation of India and card network operators to review the steps taken by various agencies to contain the adverse fall out of certain card details alleged to have been… Read More »
RBI/2016-17/86 FMRD.DIRD.08/14.03.007/2016-17 October 20, 2016 All SGL/CSGL Account holders Dear Sir/Madam, Participation of Foreign Portfolio Investors (FPIs) in Government securities on NDS-OM platform In terms of RBI circular FMRD.DIRD.06/14.03.007/2014-15 dated March 20, 2015, FPIs are currently permitted to transact in the Over-The-Counter (OTC) market for Government securities with T+2 settlement. 2. As announced in paragraph… Read More »
RBI/2016-17/87 FMRD.DIRD.07/14.03.007/2016-17 October 20, 2016 All SGL/CSGL Account holders Dear Sir/Madam, NDS-OM Web Module – Access to Gilt Account Holders (GAHs) As announced in the First Bi-monthly Monetary Policy Statement for the year 2016-17 (paragraph 36) on April 5, 2016, it has been decided to make it obligatory for the Primary Members (PM) to offer… Read More »
RBI/2016-17/89 A.P. (DIR Series) Circular No. 7 October 20, 2016 To All Category – I Authorised Dealer Banks Madam/Sir, Investment by a Foreign Venture Capital Investor (FVCI) registered under SEBI (FVCI) Regulations, 2000 Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Transfer or Issue… Read More »
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 »