As on July 1, 2003Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001Master Circular No.2/2003-2004July 1, 2003To:All Authorised Dealers in Foreign ExchangeMadam/Sirs,Indian Direct Investment in JVs/WOSs abroadAs you are aware, Foreign Exchange Management Act, 1999 has become effective from June 1, 2000. In terms of Section 6 of the Act, Reserve Bank has been empowered to specify, in consultation with the Central Government, the classes of per

Section 1 Classification of Priority Sector AdvancesSection 2 Certain Types of Funds Deployment Eligible as Priority Sector AdvancesSection 3 Targets for Priority Sector Lending by Scheduled Commercial Banks (Excluding Rrbs)Section 4 Common guidelines for priority sector advancesAnnexure IAnnexure IIAnnexure IIIAppendixRPCD. No. Plan. BC. 42A / 04.09.01/ 2002-200311 November 2002All Scheduled Commercial Banks (excluding RRBs)Dear Sir,Master CircularLENDING TO PRIORITY

Master CircularRPCD. No. PLNFS.BC. 25/09.04.01/2002-2003 October 14, 2002All Scheduled Commercial Banks(excluding RRBs)Dear Sir, Priority Sector Lending Prime Minister’s Rozgar Yojana (PMRY)Reserve Bank of India has, periodically issued instructions/directives to banks with regard to operationalisation of the PRIME MINISTER’S ROZGAR YOJANA scheme. To enable the banks to have current instructions at one place, a Master Circular incorporating all the existing guidelines

MASTER CIRCULARRESERVE BANK OF INDIA RURAL PLANNING AND CREDIT DEPARTMENTCENTRAL OFFICE, MUMBAISR. NO. DESCRIPTION1.Flow of Credit to SCs/STs2.Statement showing Advances granted to Scheduled Castes/Scheduled Tribes as on the last Friday of March/September – Annexure - I.3.List of Circulars consolidated in the Master Circular – Annexure II.@@NBSP@@RPCD.NO.SP.BC.17 /09.09.01/2002-0312th September, 2002All Commercial Banks@@NBSP@@Dear Sir,Master CircularPriority Sector L

IECD No. 4/04.02.02/2002-03 July 30, 2002 Shravana 8, 1924 (Saka) The Chairmen/Chief Executives of all Commercial Banks Dear Sir, Master Circular on RUPEE EXPORT CREDIT As you are aware, in order to have all current instructions on a subject at one place, the Reserve Bank of India had issued a Master Circular IECD No.14/04.02.02/2001-02 dated November 22, 2001 on the captioned subject, which is now updated as on 1st July 2002. A copy of the revised Master Circular is

Ref No. DBOD.Dir.BC. 12/13.03.00/2002-03July 31, 2002Shravana 9,1924(Saka)All Commercial Banks(Excluding Regional Rural Banks and Local Area Banks)Dear Sirs,Master Circular on Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident (External) (NRE) AccountsAs you are aware Reserve Bank of India has issued Master Directive on Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident (External

DBOD No. Dir. BC. 13/13.03.00/2002-03July 31 , 2002Shravana 9 ,1924(Saka)All Commercial Banks (excluding RRBs and LABs) Dear Sirs, Master Circular of instructions relatingto deposits held in FCNR(B) Accounts As you are aware Reserve Bank of India has issued Master Directive on Interest Rates on Deposits held in FCNR(B) Accounts, vide DBOD No. Dir.BC. 09/13.03.00/2001-02 dated August 11, 2001. Certain amendments have also been made thereto from time to time. In order t

IECD No.6/04.02.02/2002-03July 30, 2002 Shravana 8, 1924 (Saka)The Chairmen/Chief Executives of all Commercial BanksDear Sir,Master Circular onCustomer Service, Simplification of Procedures for Delivery of Export Credit and Reporting RequirementsAs you are aware, in order to have all current instructions on a subject at one place the Reserve Bank of India had issued a Master Circular IECD No.11/04.02.02/2001-02 dated November 21, 2001 on the captioned subject, which i

Reserve Bank of IndiaDepartment of Banking Operations & Development,Central Office, Mumbai.DBOD No. BP.BC/ 20 /21.04.048 /2001-2002August 30, 2001Chief Executives of all Commercial Banks(excluding RRBs and LABs) Dear SirMaster Circular- Prudential Norms on Income recognition, Asset Classification andProvisioning pertaining to the Advances PortfolioAs you are aware, the Reserve Bank of India has, from time to time, issued a number of circulars containing instructio

EC.CO. PCD.No.19/15.02.76/2001-02August 17, 2001To all Authorised Dealers in Foreign Exchange Sirs,Master Circular – Import of Goods and Services into India As you are aware Foreign Exchange Management Act, 1999 has been introduced with effect from June 1, 2000. In terms of Section 5 of the Act, any person may sell or draw foreign exchange to and from authorised person under current account transaction. However, Central Government has been empowered to impose certain