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માર્ચ 04, 2003

Indo-Cambodia Credit Agreement dated
November 6, 2002 for USD 10 Million
A.P.(DIR Series) Circular No.85 (March 4, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.85March 4, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Indo-Cambodia Credit Agreement dated November 6, 2002 for USD 10 Million The Government of India have extended a line of credit of USD 10 million (US Dollar Ten Million only) to the Royal Government of Cambodia under a credit agreement entered into, between the two Governments on November 6, 20

માર્ચ 03, 2003

Import of goods - Establishment of stand-by
Letters of Credit
A.P.(DIR Series) Circular No.84 (March 3, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001March 3, 2003A.P.(DIR Series) Circular No.84To All Authorised Dealers in Foreign Exchange Madam/SirsImport of goods – Establishment of stand-byLetters of CreditAttention of authorised dealers is invited to paragraph 3 of A.P.(DIR Series) Circular No.9 dated August 13, 2002, in terms of which authorised dealers have been permitted to open stand-by Letters of Credit on behalf of their constitu

પીડીએફ ( 5390 )

માર્ચ 01, 2003

Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2003

RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001Notification No.FEMA.86/2003-RB Dated the March 1, 2003 Foreign Exchange Management (Transfer or Issue of anyForeign Security) (Amendment) Regulations, 2003 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.19/RB-

માર્ચ 01, 2003

External Commercial Borrowings (ECBs) - Prepayment
A.P.(DIR Series) Circular No.82 (March 01, 2003)

Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No.82 March 1, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sir, External Commercial Borrowings (ECBs) – Prepayment Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.22 dated September 17, 2002 in terms of which automatic route for prepayment of ECBs was liberalised and made available to all category of borrowers without any co

પીડીએફ ( 6992 )

ફેબ્રુ 27, 2003

Indo-Lao Credit Agreement dated November 6, 2002, for USD 10 Million
A.P. (DIR Series) Circular No.81 (February 27, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001February 27, 2003A.P. (DIR Series) Circular No.81 ToAll Authorised Dealers in Foreign ExchangeMadam/ Sirs,Indo-Lao Credit Agreement dated November 6, 2002, for USD 10 Million The Government of India have extended a line of credit of an amount of USD 10 million (US Dollar Ten Million only) to the Government of the Lao People’s Democratic Republic under a credit agreement entered into between th

ફેબ્રુ 18, 2003

Exim Bank’s Line of Credit of
USD 25 Million to Vneshtorgbank, Russia
A.P. (DIR Series) Circular No.80 (February 18, 2003)

RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P. (DIR Series) Circular No.80 February 18, 2003 To All Authorised Dealers in Foreign Exchange Madam/ Sirs, Exim Bank’s Line of Credit of USD 25 Million to Vneshtorgbank, Russia Export-Import Bank of India (Exim Bank) has concluded an agreement with Vneshtorgbank, Russia (Bank for Foreign Trade, Russia) on July 3, 2002 making available to the latter, a line of credit (LOC) up to an aggre

ફેબ્રુ 17, 2003

Release of Exchange for Private Travel
A.P. (DIR Series) Circular No.79 (February 17, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai- 400 001A.P. (DIR Series) Circular No.79February 17, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Release of Exchange for Private Travel Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.31 dated October 18, 2002 annexing thereto particulars of the Nodal Officers of Reserve Bank nominated at Regional Offices for dealing with applications for release of exchang

ફેબ્રુ 14, 2003

Exchange Earners’ Foreign Currency (EEFC) Account Scheme
A.P. (DIR Series) Circular No.78 (February 14, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No.78February 14, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Exchange Earners’ Foreign Currency (EEFC) Account SchemeAttention of authorised dealers is invited to para 3(iv) of Schedule to Notification No.FEMA.10/2000-RB dated 3rd May 2000. Exporters are presently permitted to grant trade related loans/advances not exceeding USD 3 million from their E

ફેબ્રુ 10, 2003

Current Account Transactions -
Remittance for Advertisement on Foreign Television
A.P.(DIR Series) Circular No.77 (February 10, 2003)

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P.(DIR Series) Circular No.77February 10, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Current Account Transactions –Remittance for Advertisement on Foreign Television Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.44 dated May 14, 2002, regarding approval for remittances for advertisement on foreign television. In terms of para 2 of the circular,

ફેબ્રુ 03, 2003

R-Return and Guide to Authorised Dealers for
Compilation of R Returns - Submission of
documents/statements/schedules - Discontinuation
A.P.(DIR Series) Circular No.76 (February 3, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001February 3, 2003A.P.(DIR Series) Circular No.76ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,R-Return and Guide to Authorised Dealers forCompilation of R Returns - Submission ofdocuments/statements/schedules – Discontinuation Attention of all authorised dealers is invited to paragraph 3 of A.D. (M.A. Series) Circular No.11 dated May 16, 2000 read with paragraph 15 of Annexure (viz. Gu

પીડીએફ ( 7812 )

ફેબ્રુ 03, 2003

Sponsored ADRs/GDRs - Receipt of Disinvestment proceeds
A.P. (DIR Series) Circular No.75 (February 3, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001February 3, 2003A.P. (DIR Series) Circular No.75ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Sponsored ADRs/GDRs- Receipt of Disinvestment proceeds Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.52 dated November 23, 2002 and Notification No. FEMA 41/2001-RB dated March 3, 2001, in terms of which Indian companies are permitted to sponsor an issue of Ame

જાન્યુ 24, 2003

Foreign Exchange Management Act, 1999 - Current Account Transactions - Use of International Credit Cards abroad
A.P.(DIR Series) Circular No.73 (January 24, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001January 24, 2003A.P.(DIR Series) Circular No.73 ToAll Authorised Dealers in Foreign ExchangeMadam/Sir,Foreign Exchange Management Act, 1999 – Current Account Transactions – Use of International Credit Cards abroad Attention of authorised dealers is invited to the Government of India Notification No.G.S.R.381(E) dated 3rd May 2000, notifying the Foreign Exchange Management (Current Account Tran

જાન્યુ 17, 2003

Foreign Exchange Management (Insurance)
Regulations, 2000 - Life Insurance Memorandum (LIM)
A.P.(DIR Series) Circular No.72 (January 17, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001January 17, 2003A.P.(DIR Series) Circular No.72 ToAll Authorised Dealers in Foreign ExchangeMadam/Sir,Foreign Exchange Management (Insurance) Regulations, 2000 - Life Insurance Memorandum (LIM)Attention of authorised dealers is invited to the Notification No.FEMA 12/2000-RB dated May 3, 2000 viz., Foreign Exchange Management (Insurance) Regulations, 2000. The Memorandum of Exchange Control Reg

જાન્યુ 17, 2003

Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India)(First Amendment) Regulations, 2003

Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001 Notification No. FEMA 85/2003-RB dated January 17, 2003 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India)(First Amendment) Regulations, 2003 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.FEM

પીડીએફ ( 8401 )

જાન્યુ 15, 2003

Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Seventh Amendment) Regulations, 2003

Reserve Bank of India Exchange Control Departemnt Central Office Mumbai-400 001 Notification No.FEMA.79/2002-RB January 15, 2003 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Seventh Amendment) Regulations, 2003 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 19

પીડીએફ ( 8186 )

જાન્યુ 13, 2003

Facilities to NRIs/PIOs and Foreign Nationals - Liberalisation
A.P. (DIR Series) Circular No.67 (January 13, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai- 400 001January 13, 2003A.P. (DIR Series) Circular No.67ToAll Authorised Dealers in Foreign ExchangeMadam/Sir,Facilities to NRIs/PIOs and Foreign Nationals - LiberalisationA. Facilities to NRIs/PIOs Attention of authorised dealers is invited to the following AP (DIR Series) Circulars on the subject :(i) AP(DIR Series) Circular No.1 dated July 2, 2002.(ii) AP(DIR Series) Circular No.19 dated September

જાન્યુ 13, 2003

Overseas Investments
A.P. (DIR Series) Circular No.66 (January 13, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001January 13, 2003A.P. (DIR Series) Circular No.66ToAll Authorised Dealers in Foreign ExchangeMadam/Sir,Overseas Investments Attention of authorised dealers is invited to Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2000, notified by the Reserve Bank vide Notification No.FEMA.19/RB-2000 dated 3rd May 2000 as amended from time to time. 2. At present residen

પીડીએફ ( 10512 )

જાન્યુ 13, 2003

External Commercial Borrowings - Parking of funds abroad
A.P.(DIR Series) Circular No.70 (January 13, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001January 13, 2003A.P.(DIR Series) Circular No.70 ToAll Authorised Dealers in Foreign Exchange Madam/Sir,External Commercial Borrowings - Parking of funds abroadAuthorised dealers are aware that corporates raising External Commercial Borrowings (ECBs) are required to bring the funds to India in terms of para 15(A) of the Guidelines on Policies & Procedures for ECBs 1999-2000 issued by Gove

જાન્યુ 13, 2003

Acquisition of immovable property outside India-
Branches/trading offices overseas
A.P. (DIR Series) Circular No.71 (January 13, 2003)

RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.71January 13, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sir,Acquisition of immovable property outside India-Branches/trading offices overseas In terms of Regulation 3 of Notification No.FEMA7/2000-RB dated May 3, 2000 no person resident in India shall acquire or transfer any immovable property outside India without general or special permission of Res

જાન્યુ 13, 2003

Acquisition of Foreign Securities by Resident Individual under ESOP Scheme
A.P. (DIR Series) Circular No.68 (January 13, 2003)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai- 400 001January 13, 2003A.P. (DIR Series) Circular No.68 ToAll Authorised Dealers in Foreign ExchangeMadam/Sir,Acquisition of Foreign Securities by Resident Individual under ESOP Scheme Attention of authorised dealers is invited to the Regulation 19 of Notification No.FEMA.19/2000-RB dated May 3, 2000 and AP (DIR Series) Circular No.32 dated April 28, 2001 read with A.P. (DIR Series) Circular No.16 d