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Feb 13, 2002
Two-way fungibility of ADRs/GDRs
A.P. (DIR Series) Circular No.21
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001February 13, 2002A.P. (DIR Series) Circular No.21ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Two-way fungibility of ADRs/GDRs Authorised Dealers are aware that in terms of Regulation 4A of RBI Notification FEMA 20/2000-RB dated May 3, 2000 as amended by Notification No. FEMA 41/2001-RB dated March 2, 2001 (copy enclosed), a registered broker may purchase shares of an Indian com
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001February 13, 2002A.P. (DIR Series) Circular No.21ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Two-way fungibility of ADRs/GDRs Authorised Dealers are aware that in terms of Regulation 4A of RBI Notification FEMA 20/2000-RB dated May 3, 2000 as amended by Notification No. FEMA 41/2001-RB dated March 2, 2001 (copy enclosed), a registered broker may purchase shares of an Indian com
Jan 28, 2002
Export of goods & services -
Extension of period of realisation
A.P.(DIR Series) Circular No.20 (January 28, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.20January 28, 2002To, All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Export of goods & services –Extension of period of realisation Attention of all Authorised Dealers is invited to paragraph C.15 of A.P.(DIR Series) Circular No. 12 dated September 9, 2000, in terms of which cases where an exporter has not been able to realise proceeds of shipment wi
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.20January 28, 2002To, All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Export of goods & services –Extension of period of realisation Attention of all Authorised Dealers is invited to paragraph C.15 of A.P.(DIR Series) Circular No. 12 dated September 9, 2000, in terms of which cases where an exporter has not been able to realise proceeds of shipment wi
Jan 24, 2002
Risk Management and Inter-Bank Dealings
A.P.(DIR Series) Circular No.19 (January 24, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001@@NBSP@@A.P.(DIR Series) Circular No.19January 24, 2002To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Risk Management and Inter-Bank Dealings Attention of authorised dealers is invited to the Reserve Bank Notification No.FEMA/25/2000-RB dated May 3, 2000. 2. Directions relating to forward exchange cover and other derivative products, Rupee Accounts of non-resident banks and inter-
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001@@NBSP@@A.P.(DIR Series) Circular No.19January 24, 2002To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Risk Management and Inter-Bank Dealings Attention of authorised dealers is invited to the Reserve Bank Notification No.FEMA/25/2000-RB dated May 3, 2000. 2. Directions relating to forward exchange cover and other derivative products, Rupee Accounts of non-resident banks and inter-
Jan 10, 2002
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2002
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001 Notification No.FEMA. 49 /2002-RBdated January 19, 2002Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2002 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), (42 of 1999), and in partial modification of its Notification No.FEMA.19/
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001 Notification No.FEMA. 49 /2002-RBdated January 19, 2002Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2002 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), (42 of 1999), and in partial modification of its Notification No.FEMA.19/
Jan 01, 2002
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2002
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001Notification No.FEMA. 48 /2002-RBdated January 1, 2002Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA.19/RB-2000, dated May 3, 20
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001Notification No.FEMA. 48 /2002-RBdated January 1, 2002Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA.19/RB-2000, dated May 3, 20
Dec 18, 2001
Issue of Licence for Holding Foreign Securities
A.P.(DIR Series) Circular No.18 (December 18, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.18December 18, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamIssue of Licence for Holding Foreign SecuritiesUnder Section 19 of the Foreign Exchange Regulation Act, 1973, persons resident in India were required to obtain holding licence for acquisition of foreign securities. However, under the Foreign Exchange Management Act, 1999, there is no ob
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.18December 18, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamIssue of Licence for Holding Foreign SecuritiesUnder Section 19 of the Foreign Exchange Regulation Act, 1973, persons resident in India were required to obtain holding licence for acquisition of foreign securities. However, under the Foreign Exchange Management Act, 1999, there is no ob
Dec 15, 2001
Submission of Returns
A.P.(DIR Series) Circular No.17 (December 15, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.17December 15, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamSubmission of ReturnsAuthorised Dealers are aware that with the introduction of Foreign Exchange Management Act (FEMA), 1999, certain returns prescribed under Foreign Exchange Regulation Act (FERA), 1973 are no longer relevant. We have reviewed the position and advise as under :1. Annua
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.17December 15, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamSubmission of ReturnsAuthorised Dealers are aware that with the introduction of Foreign Exchange Management Act (FEMA), 1999, certain returns prescribed under Foreign Exchange Regulation Act (FERA), 1973 are no longer relevant. We have reviewed the position and advise as under :1. Annua
Dec 15, 2001
Permission for Purchase/ Acquisition of
Foreign Securities - Clarification
A.P. (DIR Series) Circular No.16 (December 15 , 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPATMENTCENTRAL OFFICEMUMBAI – 400 001A.P. (DIR Series) Circular No.16December 15 , 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Permission for Purchase/ Acquisition ofForeign Securities - ClarificationAttention of authorised dealers is invited to item (e) of paragraph 2 of the AP (DIR Series) circular No. 32 dated April 28,2001. In terms of Regulations 19 of the Reserve Bank Notification No. FEMA.19/2000-RB da
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPATMENTCENTRAL OFFICEMUMBAI – 400 001A.P. (DIR Series) Circular No.16December 15 , 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Permission for Purchase/ Acquisition ofForeign Securities - ClarificationAttention of authorised dealers is invited to item (e) of paragraph 2 of the AP (DIR Series) circular No. 32 dated April 28,2001. In terms of Regulations 19 of the Reserve Bank Notification No. FEMA.19/2000-RB da
Dec 08, 2001
Exim Bank’s Line of Credit of US$ 10 million to Corporacion Andina De Fomento (CAF) (Andean Development Corporation)
A.P.(DIR Series) Circular No.15
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001December 8, 2001A.P.(DIR Series) Circular No.15ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamExim Bank’s Line of Credit of US$ 10 million toCorporacion Andina De Fomento (CAF)(Andean Development Corporation)Export Import Bank of India (Exim Bank) has concluded an agreement with the Corporacion Andina De Fomento (CAF) on July 19, 2001, making available to the latter, a line of cred
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001December 8, 2001A.P.(DIR Series) Circular No.15ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamExim Bank’s Line of Credit of US$ 10 million toCorporacion Andina De Fomento (CAF)(Andean Development Corporation)Export Import Bank of India (Exim Bank) has concluded an agreement with the Corporacion Andina De Fomento (CAF) on July 19, 2001, making available to the latter, a line of cred
Dec 05, 2001
Deferred Payments Protocols dated 30th April, 1981 and 23rd December, 1985 between the Government of India and erstwhile USSR
A.P.(DIR Series) Circular No.14
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001December 5, 2001A.P.(DIR Series) Circular No.14ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Deferred Payments Protocols dated 30th April, 1981 and23rd December, 1985 between the Government of Indiaand erstwhile USSRAttention of authorised dealers is invited to AP (DIR Series) Circular No.7 dated 1st October 2001 wherein the rupee value of the special currency basket effective fro
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001December 5, 2001A.P.(DIR Series) Circular No.14ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Deferred Payments Protocols dated 30th April, 1981 and23rd December, 1985 between the Government of Indiaand erstwhile USSRAttention of authorised dealers is invited to AP (DIR Series) Circular No.7 dated 1st October 2001 wherein the rupee value of the special currency basket effective fro

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