Risk Management and Inter Bank Dealings

RBI/2011-12/569 A.P. (DIR Series) Circular No. 129 May 21, 2012 To, All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter Bank Dealings Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to para 2 (v) of the A.P.(DIR Series) Circular No.58 dated December 15, 2011 and the subsequent clarifications issued by the Foreign Exchange Dealers’ Association of India(FEDAI) vide its circular SPL-58/Risk Mgmt./2011 dated 21st

RBI/2011-12/569 A.P. (DIR Series) Circular No. 129 May 21, 2012 To, All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter Bank Dealings Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to para 2 (v) of the A.P.(DIR Series) Circular No.58 dated December 15, 2011 and the subsequent clarifications issued by the Foreign Exchange Dealers’ Association of India(FEDAI) vide its circular SPL-58/Risk Mgmt./2011 dated 21st

Risk Management and Inter Bank Dealings

Exchange Earner’s Foreign Currency Account

RBI/2011-12/564 A.P. (DIR Series) Circular No. 128 May 16, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Exchange Earner’s Foreign Currency (EEFC) Account Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No. 124 dated May 10, 2012 on the captioned subject in terms of which 50% of the balances in the EEFC accounts should be converted forthwith into rupee balances and credited to the rupee accou

RBI/2011-12/564 A.P. (DIR Series) Circular No. 128 May 16, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Exchange Earner’s Foreign Currency (EEFC) Account Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No. 124 dated May 10, 2012 on the captioned subject in terms of which 50% of the balances in the EEFC accounts should be converted forthwith into rupee balances and credited to the rupee accou

Exchange Earner’s Foreign Currency Account

Foreign investment in NBFC Sector under the FDI Scheme - Clarification

RBI/2011-12/562 A.P. (DIR Series) Circular No. 127 May 15, 2012 @@NBSP@@To All Category - I Authorised Dealer Banks Madam / Sir, Foreign investment in NBFC Sector under the Foreign Direct Investment (FDI) Scheme - Clarification Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to A.P. (Dir Series) Circular No.121 dated May 8, 2012. 2. The Reserve Bank of India has been receiving requests for clarifications as to whether ‘operating leases’

RBI/2011-12/562 A.P. (DIR Series) Circular No. 127 May 15, 2012 @@NBSP@@To All Category - I Authorised Dealer Banks Madam / Sir, Foreign investment in NBFC Sector under the Foreign Direct Investment (FDI) Scheme - Clarification Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to A.P. (Dir Series) Circular No.121 dated May 8, 2012. 2. The Reserve Bank of India has been receiving requests for clarifications as to whether ‘operating leases’

Foreign investment in NBFC Sector under the FDI Scheme - Clarification

Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR

RBI/2011-12/561 A.P. (DIR Series) Circular No. 126 May 14, 2012 To All Category - I 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 Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 105 dated April 10, 2012 , wherein the Rupee value of the Special Currency Basket was indicated as Rs. 70.965327 effective fr

RBI/2011-12/561 A.P. (DIR Series) Circular No. 126 May 14, 2012 To All Category - I 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 Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 105 dated April 10, 2012 , wherein the Rupee value of the Special Currency Basket was indicated as Rs. 70.965327 effective fr

Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR

Risk Management and Inter Bank Dealings

RBI/2011-12/546 A.P. (DIR Series) Circular No.123 May 10, 2012 To, All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter Bank Dealings Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No.58 dated December 15, 2011 on the captioned subject. 2. In terms of the above circular, Intra-day open position / daylight limit of Authorised Dealers should not exceed the erstwhile Net Overnight O

RBI/2011-12/546 A.P. (DIR Series) Circular No.123 May 10, 2012 To, All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter Bank Dealings Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No.58 dated December 15, 2011 on the captioned subject. 2. In terms of the above circular, Intra-day open position / daylight limit of Authorised Dealers should not exceed the erstwhile Net Overnight O

Risk Management and Inter Bank Dealings

Exim Bank's Line of Credit to the Government of the Republic of Mozambique

RBI/2011-12/549 A. P. (DIR Series) Circular No.125 May 10, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 13 million to the Government of the Republic of Mozambique Export-Import Bank of India (Exim Bank) has concluded an Agreement dated September 1, 2011 with the Government of the Republic of Mozambique, making available to the latter, a Line of Credit (LOC) of USD 13 million (USD thirteen million) for the purpose of f

RBI/2011-12/549 A. P. (DIR Series) Circular No.125 May 10, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 13 million to the Government of the Republic of Mozambique Export-Import Bank of India (Exim Bank) has concluded an Agreement dated September 1, 2011 with the Government of the Republic of Mozambique, making available to the latter, a Line of Credit (LOC) of USD 13 million (USD thirteen million) for the purpose of f

Exim Bank's Line of Credit to the Government of the Republic of Mozambique

Risk Management and Inter Bank Dealings

RBI/2011-12/545 A. P. (DIR Series) Circular No. 122 May 09, 2012 To, @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter Bank Dealings Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No.92 dated April 4, 2003 on the captioned subject. 2. In terms of paragraph C 4(iv) of the aforesaid circular, AD banks have been permitted to deploy foreign

RBI/2011-12/545 A. P. (DIR Series) Circular No. 122 May 09, 2012 To, @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter Bank Dealings Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No.92 dated April 4, 2003 on the captioned subject. 2. In terms of paragraph C 4(iv) of the aforesaid circular, AD banks have been permitted to deploy foreign

Risk Management and Inter Bank Dealings

FDI in India - Issue of equity shares under the FDI scheme allowed under the Government route

RBI/2011-12/541 A. P. (DIR Series) Circular No.120 May 08, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI scheme allowed under the Government route Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to the A.P. (DIR Series) Circular No. 74 dated June 30, 2011, and A.P. (DIR Series) Circular No. 55 dated December 09, 2011, on issue of equity shares/

RBI/2011-12/541 A. P. (DIR Series) Circular No.120 May 08, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI scheme allowed under the Government route Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to the A.P. (DIR Series) Circular No. 74 dated June 30, 2011, and A.P. (DIR Series) Circular No. 55 dated December 09, 2011, on issue of equity shares/

FDI in India - Issue of equity shares under the FDI scheme allowed under the Government route

ECB Policy - Utilisation of ECB Proceeds for Rupee Expenditure

RBI/2011-12/539 A. P. (DIR Series) Circular No.119 May 7, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy - Utilization of ECB proceeds for Rupee expenditure Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 5 dated August 1, 2005 and A.P. (DIR Series) Circular No. 52 dated November 23, 2011 relating to External Commercial Borrowings. 2. As per the extant

RBI/2011-12/539 A. P. (DIR Series) Circular No.119 May 7, 2012 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy - Utilization of ECB proceeds for Rupee expenditure Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 5 dated August 1, 2005 and A.P. (DIR Series) Circular No. 52 dated November 23, 2011 relating to External Commercial Borrowings. 2. As per the extant

ECB Policy - Utilisation of ECB Proceeds for Rupee Expenditure

Release of Foreign Exchange for Miscellaneous Remittances

RBI/2011-12/537 A. P. (DIR Series) Circular No.118 May 07, 2012 To All Authorised Dealers in Foreign Exchange Madam/ Sir, Release of Foreign Exchange for Miscellaneous Remittances Attention of Authorised Dealers in foreign exchange is drawn to A.P.(DIR Series) Circular No. 16 dated September 12, 2002, in terms of which the Authorised Dealers were advised to release amounts up to USD 500 or its equivalent for all permissible transactions on the basis of a simple letter

RBI/2011-12/537 A. P. (DIR Series) Circular No.118 May 07, 2012 To All Authorised Dealers in Foreign Exchange Madam/ Sir, Release of Foreign Exchange for Miscellaneous Remittances Attention of Authorised Dealers in foreign exchange is drawn to A.P.(DIR Series) Circular No. 16 dated September 12, 2002, in terms of which the Authorised Dealers were advised to release amounts up to USD 500 or its equivalent for all permissible transactions on the basis of a simple letter

Release of Foreign Exchange for Miscellaneous Remittances