Notifications - Foreign Exchange Management - RBI - Reserve Bank of India
Notifications
Aug 17, 2005
Foreign Direct Investment (FDI) in Construction Development Sector
RBI/2005/127 A.P. (DIR Series) Circular No. 07 August 17, 2005 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Foreign Direct Investment (FDI) in Construction Development Sector Attention of Authorised Dealer (AD) banks is invited to Schedule I of Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. 2. With a view to catalyzing FDI in townships, housing, built-up infrastructure and construction development projects, Governm
RBI/2005/127 A.P. (DIR Series) Circular No. 07 August 17, 2005 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Foreign Direct Investment (FDI) in Construction Development Sector Attention of Authorised Dealer (AD) banks is invited to Schedule I of Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. 2. With a view to catalyzing FDI in townships, housing, built-up infrastructure and construction development projects, Governm
Aug 11, 2005
Foreign Investment in Print media sector
RBI/2005/118 A.P. (DIR Series) Circular No. 06 August 11, 2005 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Foreign Investment in Print media sector Attention of the Authorised Dealer (AD) banks is invited to Regulation 5 (2), 5 (3) (i), (ii) and 5 (5) of Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time, which prohibits investment in the shares or convertible debentures of an Indian company engaged in print media sect
RBI/2005/118 A.P. (DIR Series) Circular No. 06 August 11, 2005 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Foreign Investment in Print media sector Attention of the Authorised Dealer (AD) banks is invited to Regulation 5 (2), 5 (3) (i), (ii) and 5 (5) of Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time, which prohibits investment in the shares or convertible debentures of an Indian company engaged in print media sect
Aug 11, 2005
Foreign Exchange Management (Transfer or issue of any Foreign Security) (Third Amendment) Regulations, 2005
Reserve Bank of India Foreign Exchange Department Central Office Mumbai-400 001 Notification No.FEMA.139/2005-RB Dated August 11, 2005 Foreign Exchange Management (Transfer or issue of any Foreign Security) (Third Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Sub-Section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) the Reserve Bank of India hereby makes the following am
Reserve Bank of India Foreign Exchange Department Central Office Mumbai-400 001 Notification No.FEMA.139/2005-RB Dated August 11, 2005 Foreign Exchange Management (Transfer or issue of any Foreign Security) (Third Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Sub-Section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) the Reserve Bank of India hereby makes the following am
Aug 01, 2005
External Commercial Borrowings (ECB)
RBI/2005-06/87A.P. (DIR Series) Circular No. 5 August 1, 2005ToAll banks authorised to deal in foreign exchangeMadam/Sirs, External Commercial Borrowings (ECB) Attention of Authorised Dealers is invited to the A.P. (DIR Series) Circular No.40 dated April 25, 2005 and A.P. (DIR Series) Circular No.60 dated January 31, 2004 in connection with External Commercial Borrowings (ECB). A review of the ECB guidelines has been undertaken keeping in view the current macroeconomi
RBI/2005-06/87A.P. (DIR Series) Circular No. 5 August 1, 2005ToAll banks authorised to deal in foreign exchangeMadam/Sirs, External Commercial Borrowings (ECB) Attention of Authorised Dealers is invited to the A.P. (DIR Series) Circular No.40 dated April 25, 2005 and A.P. (DIR Series) Circular No.60 dated January 31, 2004 in connection with External Commercial Borrowings (ECB). A review of the ECB guidelines has been undertaken keeping in view the current macroeconomi
Jul 29, 2005
Foreign Direct Investment in Petroleum Sector and Air Transport Services
RBI/2005-06/83 AP (DIR Series) Circular No. 04 July 29, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Foreign Direct Investment in Petroleum Sector and Air Transport Services Attention of Authorised Dealer (AD) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20 /2000 - RB dated May 3, 2000, as amended from time to time. 2
RBI/2005-06/83 AP (DIR Series) Circular No. 04 July 29, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Foreign Direct Investment in Petroleum Sector and Air Transport Services Attention of Authorised Dealer (AD) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20 /2000 - RB dated May 3, 2000, as amended from time to time. 2
Jul 23, 2005
Risk Management and Inter- bank Dealings - Commodity Hedging
RBI/2005-06/75 A.P. (DIR Series) Circular No. 03 July 23, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Risk Management and Inter- bank Dealings - Commodity Hedging Attention of Authorised Dealer (AD) banks is invited to paragraph 6 of Notification No. FEMA25/RB-2000 dated May 3, 2000, as amended from time to time. At present, Reserve Bank, on case by case basis, permits residents in India to enter into contracts in commodity exchanges or marke
RBI/2005-06/75 A.P. (DIR Series) Circular No. 03 July 23, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Risk Management and Inter- bank Dealings - Commodity Hedging Attention of Authorised Dealer (AD) banks is invited to paragraph 6 of Notification No. FEMA25/RB-2000 dated May 3, 2000, as amended from time to time. At present, Reserve Bank, on case by case basis, permits residents in India to enter into contracts in commodity exchanges or marke
Jul 22, 2005
Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) ( Fourth Amendment) Regulations, 2005
Reserve Bank of India Foreign Exchange Department Central Office Mumbai- 400 001 Notification No. FEMA. 137/2005- RB Dated 22 July, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) ( Fourth Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the fol
Reserve Bank of India Foreign Exchange Department Central Office Mumbai- 400 001 Notification No. FEMA. 137/2005- RB Dated 22 July, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) ( Fourth Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the fol
Jul 19, 2005
Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) (Third Amendment) Regulations, 2005
Notification No.FEMA. 136 /2005-RB dated July 19, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) (Third Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) 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.20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following
Notification No.FEMA. 136 /2005-RB dated July 19, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) (Third Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) 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.20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following
Jul 18, 2005
Exim Bank's Line of Credit of USD 2 Million to Trade and Investment Development Corporation of the Philippines - TIDCORP (also known as Philippine Export-Import Credit Agency - PhilEXIM
RBI/2005-06/66 A.P.(DIR Series) Circular No. 02 July 18, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Exim Bank's Line of Credit of USD 2 Million to Trade and Investment Development Corporation of the Philippines - TIDCORP (also known as Philippine Export-Import Credit Agency – PhilEXIM) The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Trade and Investment Development Corporation of the Philippines (TIDCORP) on Mar
RBI/2005-06/66 A.P.(DIR Series) Circular No. 02 July 18, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Exim Bank's Line of Credit of USD 2 Million to Trade and Investment Development Corporation of the Philippines - TIDCORP (also known as Philippine Export-Import Credit Agency – PhilEXIM) The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Trade and Investment Development Corporation of the Philippines (TIDCORP) on Mar
Jul 12, 2005
Import of Goods of Value USD 100,000 and Less -Clarification on Follow up for Evidence of Import
RBI/2005 – 06/49 A. P. (DIR Series) Circular No. 01 July 12, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Import of Goods of Value USD 100,000 and Less -Clarification on Follow up for Evidence of Import Attention of Authorised Dealer (AD) banks is invited to para A.10.1 of the Annexure to A. P. (DIR Series) Circular No 106 dated June 19, 2003 in terms of which it is obligatory on the part of ADs to follow up with the importers for submission of
RBI/2005 – 06/49 A. P. (DIR Series) Circular No. 01 July 12, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Import of Goods of Value USD 100,000 and Less -Clarification on Follow up for Evidence of Import Attention of Authorised Dealer (AD) banks is invited to para A.10.1 of the Annexure to A. P. (DIR Series) Circular No 106 dated June 19, 2003 in terms of which it is obligatory on the part of ADs to follow up with the importers for submission of
Jun 23, 2005
Booking and Cancellation of Forward Contracts
RBI/2004-05/500 A.P. (DIR Series) Circular No. 47 June 23, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Booking and Cancellation of Forward Contracts Attention of authorised dealer (AD) banks is invited to A.P. (DIR Series) Circular No.63 dated December 21, 2002 in terms of which all forward contracts booked by residents in respect of their foreign currency exposures falling due within one year are permitted to be cancelled and rebooked freely
RBI/2004-05/500 A.P. (DIR Series) Circular No. 47 June 23, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Booking and Cancellation of Forward Contracts Attention of authorised dealer (AD) banks is invited to A.P. (DIR Series) Circular No.63 dated December 21, 2002 in terms of which all forward contracts booked by residents in respect of their foreign currency exposures falling due within one year are permitted to be cancelled and rebooked freely
Jun 14, 2005
Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India
RBI/2004-05/492 A.P. (DIR Series) Circular No. 46 June 14, 2005 To All banks authorised to deal in Foreign Exchange Madam/Sirs, Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India Reserve Bank of India has, vide its Notification No. FEMA 15/2000-RB dated 3rd May 2000, notified debit cards, ATM cards or any other instrument that can be used to create a financial liability, as 'currency'. It was
RBI/2004-05/492 A.P. (DIR Series) Circular No. 46 June 14, 2005 To All banks authorised to deal in Foreign Exchange Madam/Sirs, Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India Reserve Bank of India has, vide its Notification No. FEMA 15/2000-RB dated 3rd May 2000, notified debit cards, ATM cards or any other instrument that can be used to create a financial liability, as 'currency'. It was
Jun 08, 2005
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR
RBI/2004 - 05/ 487 A.P. (DIR Series) Circular No. 45 June 08, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No. 33 dated February 09, 2005 wherein the rupee value of the special currency basket was indicated as Rs. 58.6940 effective from Janua
RBI/2004 - 05/ 487 A.P. (DIR Series) Circular No. 45 June 08, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No. 33 dated February 09, 2005 wherein the rupee value of the special currency basket was indicated as Rs. 58.6940 effective from Janua
May 17, 2005
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2005
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI-400 001 Notification No. FEMA 135/2005-RB dated : May 17, 2005 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of Sub-section (3) of Section 6 and Sub-section (2) of Section 47 of the Foreign Exchange Management Act 1999, (42 of 1999) and in partial modification of its Notification No.F
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI-400 001 Notification No. FEMA 135/2005-RB dated : May 17, 2005 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of Sub-section (3) of Section 6 and Sub-section (2) of Section 47 of the Foreign Exchange Management Act 1999, (42 of 1999) and in partial modification of its Notification No.F
May 12, 2005
Overseas Investment: Liberalisation
RBI/2005/463 A.P.(DIR Series) Circular No. 42 May 12, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sirs, Overseas Investment: Liberalisation Attention of authorised dealer (AD) banks is invited to Regulation 6 of the Notification No.FEMA.120/RB-2004 dated July 7, 2004 in terms of which an Indian entity is permitted to invest upto 100 per cent of their net worth in overseas Joint Ventures and/or Wholly Owned Subsidiaries (JV/WOS) in any bonafide busin
RBI/2005/463 A.P.(DIR Series) Circular No. 42 May 12, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sirs, Overseas Investment: Liberalisation Attention of authorised dealer (AD) banks is invited to Regulation 6 of the Notification No.FEMA.120/RB-2004 dated July 7, 2004 in terms of which an Indian entity is permitted to invest upto 100 per cent of their net worth in overseas Joint Ventures and/or Wholly Owned Subsidiaries (JV/WOS) in any bonafide busin
May 07, 2005
Foreign Exchange Management (Establishment in India of Branch or Office or Other Place of Business) (Amendment) Regulations, 2005
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI - 400 001 Notification No.FEMA 134/2005-RB Dated : May 07,2005 Foreign Exchange Management (Establishment in India of Branch or Office or Other Place of Business) (Amendment) Regulations, 2005 In exercise of the powers conferred by sub section (6) of Section 6 of the Foreign Exchange Management Act, 1999, and in partial modification of its Notification No. 22/2000-RB dated 3rd May, 2000 the Rese
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI - 400 001 Notification No.FEMA 134/2005-RB Dated : May 07,2005 Foreign Exchange Management (Establishment in India of Branch or Office or Other Place of Business) (Amendment) Regulations, 2005 In exercise of the powers conferred by sub section (6) of Section 6 of the Foreign Exchange Management Act, 1999, and in partial modification of its Notification No. 22/2000-RB dated 3rd May, 2000 the Rese
Apr 30, 2005
Exim Bank's Line of Credit of USD 5 million to Eastern and Southern African Trade and Development Bank (PTA Bank)
RBI/2004-05/447 A.P.(DIR Series) Circular No. 41 April 30 , 2005 To All Banks authorised to deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 5 million to Eastern and Southern African Trade and Development Bank (PTA Bank) The Export-Import Bank of India (Exim Bank) has concluded an agreement with Eastern and Southern African Trade and Development Bank (PTA Bank) on March 3, 2005 making available to the latter a short term Line of Credit (LOC) up
RBI/2004-05/447 A.P.(DIR Series) Circular No. 41 April 30 , 2005 To All Banks authorised to deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 5 million to Eastern and Southern African Trade and Development Bank (PTA Bank) The Export-Import Bank of India (Exim Bank) has concluded an agreement with Eastern and Southern African Trade and Development Bank (PTA Bank) on March 3, 2005 making available to the latter a short term Line of Credit (LOC) up
Apr 25, 2005
External Commercial Borrowings (ECB) for Non-Government Organisations (NGOs) engaged in micro finance activities under Automatic Route
RBI/2004-05/434 A.P.(DIR Series) Circular No. 40 April 25, 2005 To All banks authorised to deal in foreign exchange Madam/Sirs, External Commercial Borrowings (ECB) for Non-Government Organisations (NGOs) engaged in micro finance activities under Automatic Route Attention of Authorised Dealers is invited to the announcement in the Union Budget for 2005-06 regarding access to ECB by qualified NGOs engaged in micro finance activities. 2. Accordingly, it has been decided
RBI/2004-05/434 A.P.(DIR Series) Circular No. 40 April 25, 2005 To All banks authorised to deal in foreign exchange Madam/Sirs, External Commercial Borrowings (ECB) for Non-Government Organisations (NGOs) engaged in micro finance activities under Automatic Route Attention of Authorised Dealers is invited to the announcement in the Union Budget for 2005-06 regarding access to ECB by qualified NGOs engaged in micro finance activities. 2. Accordingly, it has been decided
Apr 25, 2005
Establishment of Liaison Offices in India by foreign Insurance companies
RBI/2004-05/433 A.P. (DIR Series) Circular No. 39 April 25, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Establishment of Liaison Offices in India by foreign Insurance companies Attention of Authorised Dealer Banks is invited to Regulation 3 of Notification No. FEMA22/2000-RB dated May 3, 2000 as amended from time to time, in terms of which a person resident outside India is required to obtain prior approval of the Reserve Bank of India for e
RBI/2004-05/433 A.P. (DIR Series) Circular No. 39 April 25, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Establishment of Liaison Offices in India by foreign Insurance companies Attention of Authorised Dealer Banks is invited to Regulation 3 of Notification No. FEMA22/2000-RB dated May 3, 2000 as amended from time to time, in terms of which a person resident outside India is required to obtain prior approval of the Reserve Bank of India for e
Apr 01, 2005
Foreign Exchange Management (Deposit) (Amendment) Regulations, 2005
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.133/2005-RB dated April 1, 2005 Foreign Exchange Management (Deposit) (Amendment) Regulations, 2005 In exercise of the powers conferred by clause (f) of sub-section (3) of section 6, sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 5/2000-RB dated May 3, 2000, as amended f
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.133/2005-RB dated April 1, 2005 Foreign Exchange Management (Deposit) (Amendment) Regulations, 2005 In exercise of the powers conferred by clause (f) of sub-section (3) of section 6, sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 5/2000-RB dated May 3, 2000, as amended f
Mar 31, 2005
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2005
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.132/2005-RB dated March 31, 2005 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6, and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No.FEMA.12
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.132/2005-RB dated March 31, 2005 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6, and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No.FEMA.12
Mar 31, 2005
Liberalised Remittance Scheme of USD 25,000 for Resident Individuals
RBI/2004-05/402 A.P. (DIR Series) Circular No. 38March 31, 2005To All Banks Authorised to Deal in Foreign ExchangeMadam/Sirs, Liberalised Remittance Scheme of USD 25,000 for Resident Individuals Attention of the Authorsed Dealers (AD) banks is invited to paragraph 3.4(iii) of A.P.(DIR Series) Circular No.64 dated February 4, 2004, in terms of which remittance under the captioned Scheme is not permitted, directly or indirectly, to countries identified by the Financial
RBI/2004-05/402 A.P. (DIR Series) Circular No. 38March 31, 2005To All Banks Authorised to Deal in Foreign ExchangeMadam/Sirs, Liberalised Remittance Scheme of USD 25,000 for Resident Individuals Attention of the Authorsed Dealers (AD) banks is invited to paragraph 3.4(iii) of A.P.(DIR Series) Circular No.64 dated February 4, 2004, in terms of which remittance under the captioned Scheme is not permitted, directly or indirectly, to countries identified by the Financial
Mar 17, 2005
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India )(Second Amendment) Regulations,2005
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.131/2005-RB dated March 17, 2005 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India )(Second Amendment) Regulations,2005 In exercise of the powers conferred by clause (b)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.F
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.131/2005-RB dated March 17, 2005 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India )(Second Amendment) Regulations,2005 In exercise of the powers conferred by clause (b)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.F
Mar 17, 2005
Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) (Amendment) Regulations, 2005
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.130/2005-RB Dated March 17, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) (Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) 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 2
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.130/2005-RB Dated March 17, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) (Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) 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 2
Mar 15, 2005
Operations in Non-Resident External (NRE)/Foreign Currency Non-resident (Bank) (FCNR (B)) Accounts by the Resident Power of Attorney Holder
RB/2004-05/394 A.P. (DIR Series) Circular No. 37 March 15, 2005 To All banks authorised to deal in foreign exchange Madam/Sirs, Operations in Non-Resident External (NRE)/Foreign Currency Non-resident (Bank) (FCNR (B)) Accounts by the Resident Power of Attorney Holder Attention of the banks authorised to deal in foreign exchange is invited to Foreign Exchange Management (Deposit) Regulations, 2000 notified vide Notification No. FEMA 5/2000-RB dated 3rd May 2000. In ter
RB/2004-05/394 A.P. (DIR Series) Circular No. 37 March 15, 2005 To All banks authorised to deal in foreign exchange Madam/Sirs, Operations in Non-Resident External (NRE)/Foreign Currency Non-resident (Bank) (FCNR (B)) Accounts by the Resident Power of Attorney Holder Attention of the banks authorised to deal in foreign exchange is invited to Foreign Exchange Management (Deposit) Regulations, 2000 notified vide Notification No. FEMA 5/2000-RB dated 3rd May 2000. In ter
Mar 07, 2005
Exim Bank's Line of Credit of USD 15 million to Government of Senegal
RBI/2004-05/391 A.P. (DIR Series) Circular No. 36 March 7, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam /Sirs, Exim Bank's Line of Credit of USD 15 million to Government of Senegal The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of the Senegal on December 10, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 15 million (US Dollar fifteen million only). The credit is avai
RBI/2004-05/391 A.P. (DIR Series) Circular No. 36 March 7, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam /Sirs, Exim Bank's Line of Credit of USD 15 million to Government of Senegal The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of the Senegal on December 10, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 15 million (US Dollar fifteen million only). The credit is avai
Feb 22, 2005
Exim Bank's Line of Credit of USD 5 million to Government of Lesotho
RBI/2004-05/373 A.P. (DIR Series) Circular No.35 February 22, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam /Sirs, Exim Bank's Line of Credit of USD 5 million to Government of Lesotho The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of Lesotho on October 12, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 5 million (US Dollar five million only). The credit is available f
RBI/2004-05/373 A.P. (DIR Series) Circular No.35 February 22, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam /Sirs, Exim Bank's Line of Credit of USD 5 million to Government of Lesotho The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of Lesotho on October 12, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 5 million (US Dollar five million only). The credit is available f
Feb 18, 2005
Import of Gold on Loan Basis - Tenor of Loan and Opening of Stand-By Letter of Credit
RBI/2004-05/366 A.P. (DIR Series) Circular No. 34 February 18 , 2005 To, All Scheduled Commercial Banks which are Authorised Dealers in Foreign Exchange Madam/Sirs, Import of Gold on Loan Basis – Tenor of Loan and Opening of Stand-By Letter of Credit Attention of Scheduled Commercial Banks, which are authorized dealers in foreign exchange, is invited to our A.D. (G.P. Series) Circular No.7 dated March 6, 1998 and A.P. (DIR Series) Circular No.2 dated July 9, 2004 wher
RBI/2004-05/366 A.P. (DIR Series) Circular No. 34 February 18 , 2005 To, All Scheduled Commercial Banks which are Authorised Dealers in Foreign Exchange Madam/Sirs, Import of Gold on Loan Basis – Tenor of Loan and Opening of Stand-By Letter of Credit Attention of Scheduled Commercial Banks, which are authorized dealers in foreign exchange, is invited to our A.D. (G.P. Series) Circular No.7 dated March 6, 1998 and A.P. (DIR Series) Circular No.2 dated July 9, 2004 wher
Feb 09, 2005
Deferred Payment Protocols between the Government of India and erstwhile USSR
RBI/2004 – 05/361 A.P.(DIR Series) Circular No. 33 February 09, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No.30 dated December 23, 2004, wherein the rupee value of the special currency basket was indicated as Rs.60.5127 effective from Nove
RBI/2004 – 05/361 A.P.(DIR Series) Circular No. 33 February 09, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No.30 dated December 23, 2004, wherein the rupee value of the special currency basket was indicated as Rs.60.5127 effective from Nove
Feb 09, 2005
Overseas Direct Investment - Liberalisation
RBI/2004-05/360 A.P. (DIR Series) Circular No. 32 February 09, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Overseas Direct Investment – Liberalisation Notification No.FEMA.120/2004-RB dated July 7, 2004 Employees Stock Option Scheme (ESOP) This circular deals with two issues. The first one relates to the issue of notification which incorporates all amendments relating to overseas investment. The second one is a liberalisation in the ESOP sch
RBI/2004-05/360 A.P. (DIR Series) Circular No. 32 February 09, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Overseas Direct Investment – Liberalisation Notification No.FEMA.120/2004-RB dated July 7, 2004 Employees Stock Option Scheme (ESOP) This circular deals with two issues. The first one relates to the issue of notification which incorporates all amendments relating to overseas investment. The second one is a liberalisation in the ESOP sch
Feb 01, 2005
Compounding of Contraventions under FEMA 1999
RBI/2004-05/355 A.P.(DIR Series) Circular No.31 February 1, 2005 To, All Authorised Dealers in Foreign Exchange Madam/Sir, Compounding of Contraventions under FEMA 1999 Attention of Authorised dealers is invited to the Foreign Exchange (Compounding Proceedings) Rules, 2000 published by the Government of India vide G.S. R.No. 383 (E) dated 3rd May 2000 as amended vide G.S.R. No. 443 (E) dated 2nd November 2002 (copy enclosed). In terms of these rules Reserve Ban
RBI/2004-05/355 A.P.(DIR Series) Circular No.31 February 1, 2005 To, All Authorised Dealers in Foreign Exchange Madam/Sir, Compounding of Contraventions under FEMA 1999 Attention of Authorised dealers is invited to the Foreign Exchange (Compounding Proceedings) Rules, 2000 published by the Government of India vide G.S. R.No. 383 (E) dated 3rd May 2000 as amended vide G.S.R. No. 443 (E) dated 2nd November 2002 (copy enclosed). In terms of these rules Reserve Ban
Jan 05, 2005
Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations, 2005
Reserve Bank of India Foreign Exchange Department Central Office Mumbai-400 001 Notification No. FEMA 127 /2005- Dated January 5, 2005 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations, 2005. In exercise of the powers conferred by clause (d) of sub-section 3 of Section 6 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999), and in partial modification of its Notification No. FEMA 3/2000-RB dated May 3, 2000, the Re
Reserve Bank of India Foreign Exchange Department Central Office Mumbai-400 001 Notification No. FEMA 127 /2005- Dated January 5, 2005 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations, 2005. In exercise of the powers conferred by clause (d) of sub-section 3 of Section 6 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999), and in partial modification of its Notification No. FEMA 3/2000-RB dated May 3, 2000, the Re
Dec 23, 2004
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR
RBI/2004-05/310 A.P. (DIR Series) Circular No.30 December 23, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No.4 dated July 10, 2004, wherein the rupee value of the special currency basket was indicated as Rs.58.6989 effective from June 24, 20
RBI/2004-05/310 A.P. (DIR Series) Circular No.30 December 23, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No.4 dated July 10, 2004, wherein the rupee value of the special currency basket was indicated as Rs.58.6989 effective from June 24, 20
Dec 02, 2004
Exim Bank's Line of Credit of USD 27 million to Government of Vietnam - A.P. (DIR Series) Circular No. 29
RBI/2004-05/289A.P. (DIR Series) Circular No.29 December 02, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 27 million to Government of Vietnam The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of the Socialist Republic of Vietnam on August 12, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 27 Million (US Dollar twenty-seven milli
RBI/2004-05/289A.P. (DIR Series) Circular No.29 December 02, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 27 million to Government of Vietnam The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of the Socialist Republic of Vietnam on August 12, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 27 Million (US Dollar twenty-seven milli
Nov 27, 2004
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Fifth Amendment) Regulations, 20
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.125/2004-RB dated November 27, 2004 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Fifth Amendment) Regulations, 2004 In exercise of the powers conferred by clause (B) 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
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.125/2004-RB dated November 27, 2004 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Fifth Amendment) Regulations, 2004 In exercise of the powers conferred by clause (B) 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
Nov 19, 2004
Indo-Myanmar Trade - Relaxation from ACU Mechanism - A.P. (DIR Series) Circular No. 28
RBI/2004-05/280A.P. (DIR Series) Circular No.28 November 19, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Indo-Myanmar Trade – Relaxation from ACU Mechanism Attention of Authorised Dealer (AD) banks is invited to Regulations 3 and 5 of Notification No.FEMA.14/2000-RB dated May 3, 2000 read with items 7(b) and 7(e) of the Memorandum of Procedure for channelling transaction through Asian Clearing Union (ACU) in terms of which, all current accou
RBI/2004-05/280A.P. (DIR Series) Circular No.28 November 19, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Indo-Myanmar Trade – Relaxation from ACU Mechanism Attention of Authorised Dealer (AD) banks is invited to Regulations 3 and 5 of Notification No.FEMA.14/2000-RB dated May 3, 2000 read with items 7(b) and 7(e) of the Memorandum of Procedure for channelling transaction through Asian Clearing Union (ACU) in terms of which, all current accou
Nov 11, 2004
Exim Bank's Lines of Credits of (i) USD 10 Mn. to Unibanco-Uniao De Bancos Brasileiros, S.A. and (ii) USD 56.358 Mn. to Myanma Foreign Trade Bank, Myanmar - A.P. (DIR Series) Circular No. 27
RBI/2004-05/275 A.P. (DIR Series) Circular No. 27 November 11, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Exim Bank's Lines of Credits of (i) USD 10 Mn. to Unibanco-Uniao De Bancos Brasileiros, S.A. and (ii) USD 56.358 Mn. to Myanma Foreign Trade Bank, Myanmar The Export-Import Bank of India (Exim Bank) has extended Lines of Credits (LOCs) of USD 10 million ( U.S. Dollar Ten million only) and USD 56.358 million (U.S. Dollar Fifty six million thre
RBI/2004-05/275 A.P. (DIR Series) Circular No. 27 November 11, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Exim Bank's Lines of Credits of (i) USD 10 Mn. to Unibanco-Uniao De Bancos Brasileiros, S.A. and (ii) USD 56.358 Mn. to Myanma Foreign Trade Bank, Myanmar The Export-Import Bank of India (Exim Bank) has extended Lines of Credits (LOCs) of USD 10 million ( U.S. Dollar Ten million only) and USD 56.358 million (U.S. Dollar Fifty six million thre
Nov 01, 2004
Booking of Forward Contracts Based on Past Performance
RBI/2004-05/265 A.P. (DIR Series) Circular No. 26 November 1, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Booking of Forward Contracts Based on Past Performance Attention of Authorised Dealer (AD) banks is invited to A.P.(DIR) Series Circular No. 46 dated December 9, 2003 and paragraph A.2 of our Master Circular No. 2 dated July 1,2004 on Risk Management and Inter-Bank Dealings, in terms of which importers/exporters are permitted to book for
RBI/2004-05/265 A.P. (DIR Series) Circular No. 26 November 1, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Booking of Forward Contracts Based on Past Performance Attention of Authorised Dealer (AD) banks is invited to A.P.(DIR) Series Circular No. 46 dated December 9, 2003 and paragraph A.2 of our Master Circular No. 2 dated July 1,2004 on Risk Management and Inter-Bank Dealings, in terms of which importers/exporters are permitted to book for
Nov 01, 2004
ADs Permitted to Issue Guarantees upto USD 20 Million for Imports
RBI/2004-05/263 A.P.(DIR Series) Circular No. 24 November 1, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam/Sirs, Trade Credits for Imports into India –Issue of Guarantees Delegation of Powers Attention of Authorised Dealer (AD) banks is invited to A. P. (DIR Series) Circular No. 87 dated April 17, 2004 wherein ADs have been permitted to approve trade credits for imports into India up to USD 20 million per import transaction for import of all items per
RBI/2004-05/263 A.P.(DIR Series) Circular No. 24 November 1, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam/Sirs, Trade Credits for Imports into India –Issue of Guarantees Delegation of Powers Attention of Authorised Dealer (AD) banks is invited to A. P. (DIR Series) Circular No. 87 dated April 17, 2004 wherein ADs have been permitted to approve trade credits for imports into India up to USD 20 million per import transaction for import of all items per
Nov 01, 2004
Period of Realisation for 100% EOUs Extended to One Year
RBI/2004-05/264 A.P. (DIR Series) Circular No. 25 November 1, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Export of Goods and Services Period of Realisation for Export Oriented Units (EOUs) Attention of Authorised Dealer (AD) banks is invited to the proviso 3 of sub-regulation (1) of Regulation 9 of Notification No. FEMA 23/2000-RB dated May 3, 2000 in terms of which the Reserve Bank has been empowered to extend the period for realisation an
RBI/2004-05/264 A.P. (DIR Series) Circular No. 25 November 1, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Export of Goods and Services Period of Realisation for Export Oriented Units (EOUs) Attention of Authorised Dealer (AD) banks is invited to the proviso 3 of sub-regulation (1) of Regulation 9 of Notification No. FEMA 23/2000-RB dated May 3, 2000 in terms of which the Reserve Bank has been empowered to extend the period for realisation an
Oct 27, 2004
Exim Bank's Line of Credit to Government of Ghana - A.P. (DIR Series) Circular No. 22
RBI/2004-05/249 A.P. (DIR Series) Circular No. 22 October 27, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 15 million to Government of Ghana The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of the Republic of Ghana on October 24, 2003, making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 15 million (US Dollar fifteen million only). The cr
RBI/2004-05/249 A.P. (DIR Series) Circular No. 22 October 27, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 15 million to Government of Ghana The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of the Republic of Ghana on October 24, 2003, making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 15 million (US Dollar fifteen million only). The cr
Oct 27, 2004
Exim Bank's Line of Credit to PTA Bank - A.P. (DIR Series) Circular No. 23
RBI/2004-05/250 A.P. (DIR Series) Circular No.23 October 27, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 10 million to Eastern and Southern African Trade and Development Bank (PTA Bank) The Export-Import Bank of India (Exim Bank) has concluded an agreement with Eastern and Southern African Trade and Development Bank (PTA Bank) on August 31, 2004 making available to the latter a Line of Credit (LOC) upto an a
RBI/2004-05/250 A.P. (DIR Series) Circular No.23 October 27, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 10 million to Eastern and Southern African Trade and Development Bank (PTA Bank) The Export-Import Bank of India (Exim Bank) has concluded an agreement with Eastern and Southern African Trade and Development Bank (PTA Bank) on August 31, 2004 making available to the latter a Line of Credit (LOC) upto an a
Oct 26, 2004
Exim Bank's Line of Credit of USD 16 million to Government of Suriname - A.P.(DIR Series) Circular No. 21
RBI/2004-05/242A.P. (DIR Series) Circular No.21 October 26, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, @@NBSP@@ Exim Bank's Line of Credit of USD 16 million to Government of Suriname The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of Suriname on August 14, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 16 million (US Dollar sixteen million only). The credit
RBI/2004-05/242A.P. (DIR Series) Circular No.21 October 26, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, @@NBSP@@ Exim Bank's Line of Credit of USD 16 million to Government of Suriname The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of Suriname on August 14, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 16 million (US Dollar sixteen million only). The credit
Oct 25, 2004
Remittance of Hiring Charges of Transponders now Require Additional Approval
RBI/2004-05/234 A.P.(DIR Series) Circular No.20 October 25, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam/ Sirs, Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Remittance of Hiring Charges of Transponders – Procedural Changes Attention of Authorised Dealer (AD) banks is invited to item 2 (viii) of A.P.(DIR Series) Circular No.76 dated February 24, 2004 in terms of which, proposals for remittance of hiring charges of tran
RBI/2004-05/234 A.P.(DIR Series) Circular No.20 October 25, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam/ Sirs, Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Remittance of Hiring Charges of Transponders – Procedural Changes Attention of Authorised Dealer (AD) banks is invited to item 2 (viii) of A.P.(DIR Series) Circular No.76 dated February 24, 2004 in terms of which, proposals for remittance of hiring charges of tran
Oct 20, 2004
Foreign Exchange Management Act, 1999 - Amendments - A.P.(DIR Series) Circular No. 19
RBI/2004-05/230 A.P.(DIR Series) Circular No. 19 October 20, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam/ Sirs, Foreign Exchange Management Act, 1999 - Amendments Attention of Authorised Dealer Banks is invited to the A.P.(DIR Series) circular No.11 dated September 13, 2004, wherein it was mentioned that necessary amendment/s to the Foreign Exchange Management Regulations, 2000 were being issued separately. The relevant amendment Notification issued
RBI/2004-05/230 A.P.(DIR Series) Circular No. 19 October 20, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam/ Sirs, Foreign Exchange Management Act, 1999 - Amendments Attention of Authorised Dealer Banks is invited to the A.P.(DIR Series) circular No.11 dated September 13, 2004, wherein it was mentioned that necessary amendment/s to the Foreign Exchange Management Regulations, 2000 were being issued separately. The relevant amendment Notification issued
Oct 16, 2004
GOI notifies Foreign Exchange Department Nomenclature and changes in FEMA
RBI/2004-05/ 222 A.P.(DIR Series) Circular No.18 October 16, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Foreign Exchange Management Act, 1999 - Amendments We advise that the nomenclature of the Exchange Control Department of the Reserve Bank of India was changed from ‘Exchange Control Department’ to ‘Foreign Exchange Department’ with effect from January 31, 2004. The Government of India has since published the Notification No.FEMA.123/2004-RB dat
RBI/2004-05/ 222 A.P.(DIR Series) Circular No.18 October 16, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Foreign Exchange Management Act, 1999 - Amendments We advise that the nomenclature of the Exchange Control Department of the Reserve Bank of India was changed from ‘Exchange Control Department’ to ‘Foreign Exchange Department’ with effect from January 31, 2004. The Government of India has since published the Notification No.FEMA.123/2004-RB dat
Oct 16, 2004
Issue of Bank Guarantee in Favour of Foreign Airlines/IATA - A.P.(DIR Series) Circular No. 17
RBI/2004-05/221A.P. (DIR Series) Circular No. 17 October16, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Issue of Bank Guarantee in Favour of Foreign Airlines/IATA Attention of Authorised Dealer (AD) banks is invited to Regulation 4 of the Foreign Exchange Management (Guarantees) Regulations, 2000 notified vide Notification No.FEMA.8/2000-RB dated May 3, 2000, in terms of which, AD banks are allowed to give guarantees in certain cases as stat
RBI/2004-05/221A.P. (DIR Series) Circular No. 17 October16, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Issue of Bank Guarantee in Favour of Foreign Airlines/IATA Attention of Authorised Dealer (AD) banks is invited to Regulation 4 of the Foreign Exchange Management (Guarantees) Regulations, 2000 notified vide Notification No.FEMA.8/2000-RB dated May 3, 2000, in terms of which, AD banks are allowed to give guarantees in certain cases as stat
Oct 16, 2004
Foreign Exchange Management (Guarantees) (Amendment) Regulations, 2004
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.124/2004-RB dated October 16, 2004 In exercise of the powers conferred by clause (j) of Sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) the Reserve Bank of India makes the following amendments to the Foreign Exchange Management (Guarantees) Regulations, 2000, namely : 1. Short title and commence
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.124/2004-RB dated October 16, 2004 In exercise of the powers conferred by clause (j) of Sub-section (3) of Section 6 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) the Reserve Bank of India makes the following amendments to the Foreign Exchange Management (Guarantees) Regulations, 2000, namely : 1. Short title and commence
Oct 04, 2004
FDIs:No Prior FIPB Approval for Transfer of Shares
RBI/2004-05/207 A.P. (DIR Series) Circular No. 16 October 4, 2004 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, FEMA - Foreign Direct Investment in India - Transfer of Shares/Convertible Debentures by way of Sale - Simplification of Procedures Attention of the Authorised Dealer (AD) banks is invited to Regulations 10 A (b) and 10 B of Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, not
RBI/2004-05/207 A.P. (DIR Series) Circular No. 16 October 4, 2004 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, FEMA - Foreign Direct Investment in India - Transfer of Shares/Convertible Debentures by way of Sale - Simplification of Procedures Attention of the Authorised Dealer (AD) banks is invited to Regulations 10 A (b) and 10 B of Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, not
Oct 01, 2004
General Permission for Conversion of ECBs
RBI/2004-05/203 A.P. (DIR Series) Circular No. 15 October 1, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Conversion of External Commercial Borrowing and Lumpsum Fee/Royalty into Equity Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No. 34 dated November 14, 2003, in terms of which issue of equity/preference shares against lump-sum technical know-how fee, royalty and External Commercial Borrowings (E
RBI/2004-05/203 A.P. (DIR Series) Circular No. 15 October 1, 2004 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Conversion of External Commercial Borrowing and Lumpsum Fee/Royalty into Equity Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No. 34 dated November 14, 2003, in terms of which issue of equity/preference shares against lump-sum technical know-how fee, royalty and External Commercial Borrowings (E
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