Source : Reserve Bank of India RBI/2015-16/317 A.P. (DIR Series) Circular No. 50 February 11, 2016 To, All Authorised Dealers in Foreign Exchange Madam / Sir, Compilation of R-Returns: Reporting under FETERS Attention of Authorised Dealer (Category I) banks is invited to A.P.(DIR Series) Circular No.84 dated February 29, 2012 giving guidelines for compilation of… Read More »
Source : Reserve Bank of India RBI/2015-16/316 DCM (Plg) No.G- 9/2856/10.27.00/2015-16 February 11, 2016 The Chairman / Managing Director / Chief Executive Officer All State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Withdrawal of all old series of Banknotes issued prior to 2005 Please refer to our circular DCM (Plg) No.G-15/5486/10.27.00/2014-15… Read More »
Source Reserve Bank of India RBI/2015-16/315 DBR.BP.BC.No.76/21.07.001/2015-16 February 11, 2016 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Implementation of Indian Accounting Standards (Ind AS) The Ministry of Corporate Affairs (MCA), Government of India has notified the Companies (Indian Accounting Standards) Rules, 2015 on February 16, 2015. A reference is also… Read More »
Date : Feb 08, 2016 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following four non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company’s Name Address of Registered Office Certificate of… Read More »
Source :Reserve Bank of India Date : Feb 04, 2016 The Reserve Bank of India, in consultation with the Government of India, has revised nine regulations issued under the Foreign Exchange Management Act, 1999 (FEMA). Consequently, the respective original notifications and subsequent amendments stand repealed. For easy identification, revised regulations will carry the same numbers… Read More »
Source Reserve Bank of India Date : Feb 05, 2016 The XBRL International, the global custodian of the eXtensible Business Reporting Language (XBRL) standard awarded the ‘ XBRL International Award for Excellence ’ to the Reserve Bank of India (RBI). The award has been given to the Reserve Bank in recognition of its efforts in ‘Innovation and… Read More »
Source : Reserve Bank of India RBI/2015-16/305 A.P. (DIR Series) Circular No. 41 February 04, 2016 To All Category – l Authorised Dealer Banks Madam / Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorized Dealer Category-I (AD Category-I) banks is invited… Read More »
Source : Reserve Bank of India RBI/2015-16/308 A.P. (DIR Series) Circular No. 43/2015-16 [(1)/7(R)] February 04, 2016 To All Category – I Authorised Dealer and Authorised Banks Madam/ Sir Foreign Exchange Management (Acquisition and Transfer of Immovable Property outside India) Regulations, 2015 Attention of Authorised Dealers (ADs) is invited to A.D.(M.A. Series) Circular No. 11… Read More »
Source : Reserve Bank of India RBI/2015-16/309 A.P. (DIR Series) Circular No.44/2015-16 [(1)/10(R)] February 04, 2016 To All Category – I Authorised Dealers and Authorised Banks Madam/ Sir Foreign Exchange Management (Foreign currency accounts by a person resident in India) Regulations, 2015 Attention of Authorised Dealers (ADs) is invited to A.D.(M.A. Series) Circular No. 11… Read More »
Source : Reserve Bank of India RBI/2015-16/310 A.P. (DIR Series) Circular No. 45/2015-16 [(1)/6(R)] February 04, 2016 To All Authorised Persons Madam/ Sir Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 Attention of Authorised Persons is invited to Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 notified vide Notification No. FEMA.6(R)/… Read More »