Notifications - Regulating Commercial Banking - આરબીઆઈ - Reserve Bank of India
Notifications
મે 30, 2012
Implementation of Section 51-A of UAPA, 1967-Updates of the UNSCR Committee's Al-Qaida Sanctions List
RBI/2011-12/580 RPCD.CO.RRB.RCB.AML.No.12165/07.02.12/2011-12 May 30, 2012 The Chairmen / CEOs of all Regional Rural Banks/ State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267 (1999)/1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.12008/07.02.12/ 2011-12 dated May 25, 2012 . We have since received from Government of India, Ministry of External Affairs
RBI/2011-12/580 RPCD.CO.RRB.RCB.AML.No.12165/07.02.12/2011-12 May 30, 2012 The Chairmen / CEOs of all Regional Rural Banks/ State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267 (1999)/1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.12008/07.02.12/ 2011-12 dated May 25, 2012 . We have since received from Government of India, Ministry of External Affairs
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મે 29, 2012
Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1988 (2011) Sanctions List
RBI/2011-12/578 RPCD.CO RRB.RCB.AML.No.12140/03.05.28(A)/2011-12 May 29, 2012 The Chairmen/CEOs of all State and Central Co-operative Banks and Regional Rural Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1988 (2011) Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.No.8357/07.02.12/2011-12 dated February 22, 2012. We have since received from Government of India, Ministry of External Affairs, UNP Division copies of notes
RBI/2011-12/578 RPCD.CO RRB.RCB.AML.No.12140/03.05.28(A)/2011-12 May 29, 2012 The Chairmen/CEOs of all State and Central Co-operative Banks and Regional Rural Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1988 (2011) Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.No.8357/07.02.12/2011-12 dated February 22, 2012. We have since received from Government of India, Ministry of External Affairs, UNP Division copies of notes
મે 28, 2012
Conversion of Term Deposits, Daily Deposits or Recurring Deposits for Reinvestment in Term Deposits by State and Central Co-operative Banks
RBI/2011-12/577 RPCD.CO.RCB.BC.No. 78/07.38.01/2011-12 May 28, 2012 All State and Central Co-operative Banks Dear Sir, Conversion of Term Deposits, Daily Deposits or Recurring Deposits for Reinvestment in Term Deposits by State and Central Co-operative Banks Please refer to paragraph 104 of the Annual Policy Statement for the year 2010-11 of Reserve Bank of India (extract enclosed). 2. As per the instructions contained in paragraph 11 of circular RPCD.No.RF.DIR.BC.53/
RBI/2011-12/577 RPCD.CO.RCB.BC.No. 78/07.38.01/2011-12 May 28, 2012 All State and Central Co-operative Banks Dear Sir, Conversion of Term Deposits, Daily Deposits or Recurring Deposits for Reinvestment in Term Deposits by State and Central Co-operative Banks Please refer to paragraph 104 of the Annual Policy Statement for the year 2010-11 of Reserve Bank of India (extract enclosed). 2. As per the instructions contained in paragraph 11 of circular RPCD.No.RF.DIR.BC.53/
મે 25, 2012
Implementation of Section 51-A of UAPA, 1967-Updates of the UNSCR 1267 (1999)/1989 (2011) Committee's Al-Qaida Sanctions List
RBI/2011-12/576 RPCD.CO.RRB.RCB.AML.No.12008/07.02.12/2011-12 May 25, 2012 The Chairmen / CEOs of all Regional Rural Banks/ State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267 (1999)/1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.11991/07.02.12/2011-12 dated May 23, 2012. We have since received from Government of India, Ministry of External Affairs,
RBI/2011-12/576 RPCD.CO.RRB.RCB.AML.No.12008/07.02.12/2011-12 May 25, 2012 The Chairmen / CEOs of all Regional Rural Banks/ State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267 (1999)/1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.11991/07.02.12/2011-12 dated May 23, 2012. We have since received from Government of India, Ministry of External Affairs,
મે 23, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988(2011) Sanctions List
RBI/2011-12/572 DBOD. AML. No.17478 /14.06.001/2011-12 May 23, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988(2011) Sanctions List Please refer to our circular DBOD. AML. No. 12441/14.06.001/2011-12 dated February 21, 2012. We have since received from Government of India, Ministry of External Affairs, UNP Di
RBI/2011-12/572 DBOD. AML. No.17478 /14.06.001/2011-12 May 23, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988(2011) Sanctions List Please refer to our circular DBOD. AML. No. 12441/14.06.001/2011-12 dated February 21, 2012. We have since received from Government of India, Ministry of External Affairs, UNP Di
મે 23, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2011-12/573 DBOD.@@NBSP@@AML.No.17477/14.06.001/2011-12 May 23, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 17198/14.06.001/2011-12 dated May 16, 2012. We have since received from Government of Ind
RBI/2011-12/573 DBOD.@@NBSP@@AML.No.17477/14.06.001/2011-12 May 23, 2012 The Chairmen / CEOs of all Scheduled@@NBSP@@Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 17198/14.06.001/2011-12 dated May 16, 2012. We have since received from Government of Ind
મે 23, 2012
Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267 (1999)/1989 (2011) Committee's Al-Qaida Sanctions List
RBI/2011-12/574@@NBSP@@ RPCD.CO.RRB.RCB.AML.No.11991/07.02.12/2011-12 May 23, 2012 The Chairmen / CEOs of all Regional Rural Banks/ State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267 (1999)/1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.11944/03.05.28 (A)/ 2011-12 dated May 22, 2012. We have since received from Government of India, Ministry of Exter
RBI/2011-12/574@@NBSP@@ RPCD.CO.RRB.RCB.AML.No.11991/07.02.12/2011-12 May 23, 2012 The Chairmen / CEOs of all Regional Rural Banks/ State and Central Co-operative Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967- Updates of the UNSCR 1267 (1999)/1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.No.11944/03.05.28 (A)/ 2011-12 dated May 22, 2012. We have since received from Government of India, Ministry of Exter
મે 22, 2012
Implementation of Section 51-A of UAPA, 1967Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al-Qaida Sanctions List
RBI/2011-12/571 RPCD.CO RRB.RCB.AML.No.11944/03.05.28(A)/2011-12 May 22, 2012 The Chairmen/CEOs of all State and Central Co-operative Banks and Regional Rural Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.NO.11647/03.05.28 (A)/2011-12 dated May 11, 2012. We have since received from Government of India, Ministry of External
RBI/2011-12/571 RPCD.CO RRB.RCB.AML.No.11944/03.05.28(A)/2011-12 May 22, 2012 The Chairmen/CEOs of all State and Central Co-operative Banks and Regional Rural Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.NO.11647/03.05.28 (A)/2011-12 dated May 11, 2012. We have since received from Government of India, Ministry of External
મે 18, 2012
Bank Finance to NBFCs Predominantly Engaged in lending against Gold
RBI/2011-12/568 DBOD.BP.BC.No. 106/21.04.172/2011-12 May 18, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank Finance to NBFCs Predominantly Engaged in lending against Gold Please refer to paragraphs 94 to 96 (extract enclosed) of the Monetary Policy Statement 2012-13 announced on April 17, 2012 on ‘Bank Finance to NBFCs Predominantly Engaged in Lending against Gold’ 2. The extant regulatory framework for bank exposure to NBFCs is prescribed in circ
RBI/2011-12/568 DBOD.BP.BC.No. 106/21.04.172/2011-12 May 18, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Bank Finance to NBFCs Predominantly Engaged in lending against Gold Please refer to paragraphs 94 to 96 (extract enclosed) of the Monetary Policy Statement 2012-13 announced on April 17, 2012 on ‘Bank Finance to NBFCs Predominantly Engaged in Lending against Gold’ 2. The extant regulatory framework for bank exposure to NBFCs is prescribed in circ
મે 17, 2012
Financial Inclusion - Use of Business Correspondents
RBI/2011-12/566 DBOD.No.BL.BC.105/22.01.009/2011-12 May 17, 2012 All Scheduled Commercial Banks (including RRBs) and Local Area Banks Dear Sir, Financial Inclusion – Use of Business Correspondents As you are aware, with a view to promote financial inclusion, a roadmap to provide banking services in every village with population above 2000 by March 31, 2012, was drawn up. Banks have covered 74, 199 (99.7 percent) out of 74,414 such villages. 2. In this context, the Hon
RBI/2011-12/566 DBOD.No.BL.BC.105/22.01.009/2011-12 May 17, 2012 All Scheduled Commercial Banks (including RRBs) and Local Area Banks Dear Sir, Financial Inclusion – Use of Business Correspondents As you are aware, with a view to promote financial inclusion, a roadmap to provide banking services in every village with population above 2000 by March 31, 2012, was drawn up. Banks have covered 74, 199 (99.7 percent) out of 74,414 such villages. 2. In this context, the Hon
મે 16, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2011-12/563 DBOD. AML.No.17198 /14.06.001/2011-12 May 16 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 16946/14.06.001/2011-12 dated May 11, 2012. We have since received from Government of India, Ministry o
RBI/2011-12/563 DBOD. AML.No.17198 /14.06.001/2011-12 May 16 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 16946/14.06.001/2011-12 dated May 11, 2012. We have since received from Government of India, Ministry o
મે 11, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2011-12/558 DBOD. AML.No.16946/14.06.001/2011-12 May 11, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 16849/14.06.001/2011-12 dated May 10, 2012. We have since received from Government of India, Ministry o
RBI/2011-12/558 DBOD. AML.No.16946/14.06.001/2011-12 May 11, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 16849/14.06.001/2011-12 dated May 10, 2012. We have since received from Government of India, Ministry o
મે 11, 2012
Revised Kisan Credit Card Scheme
RBI/2011-12/553 RPCD.FSD.BC.No. 77/05.05.09/2011-12 May 11, 2012 The Chairman and Managing Director/CEOs,All Scheduled Commercial Banks,(Excluding RRBs) Madam / Dear Sir, Revised Kisan Credit Card (KCC) Scheme Please refer to our circular RPCD.PLFS.BC.No.38/05.05.09/2004-05 dated October 4, 2004 advising you to implement the Revised Model KCC Scheme. 2. With a view to simplify and attune the Scheme to suit to current requirements and to facilitate issue of Electronic
RBI/2011-12/553 RPCD.FSD.BC.No. 77/05.05.09/2011-12 May 11, 2012 The Chairman and Managing Director/CEOs,All Scheduled Commercial Banks,(Excluding RRBs) Madam / Dear Sir, Revised Kisan Credit Card (KCC) Scheme Please refer to our circular RPCD.PLFS.BC.No.38/05.05.09/2004-05 dated October 4, 2004 advising you to implement the Revised Model KCC Scheme. 2. With a view to simplify and attune the Scheme to suit to current requirements and to facilitate issue of Electronic
મે 11, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al-Qaida Sanctions List
RBI/2011-12/554 RPCD.CO RRB.RCB.AML.No.11647/03.05.28(A)/2011-12 May 11, 2012 The Chairmen / CEOs of all State and Central Co-operative Banks and Regional Rural Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.NO.10495/03.05.28(A)/2011-12 dated April 17, 2012. We have since received from Government of India, Ministry of Exte
RBI/2011-12/554 RPCD.CO RRB.RCB.AML.No.11647/03.05.28(A)/2011-12 May 11, 2012 The Chairmen / CEOs of all State and Central Co-operative Banks and Regional Rural Banks Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267 (1999) and 1989 (2011) Committee's Al-Qaida Sanctions List Please refer to our circular RPCD.CO.RRB.RCB.AML.NO.10495/03.05.28(A)/2011-12 dated April 17, 2012. We have since received from Government of India, Ministry of Exte
મે 11, 2012
Review of Service Charges for Cheque Collection - Outstation and Speed Clearing
RBI/2011-12/560DPSS.CO.CHD.No. / 2080 / 03.01.03 / 2011-12 May 11, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / UCBs / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Review of Service Charges for Cheque Collection – Outstation and Speed Clearing Please refer to our circulars DPSS.CO.No.611 / 03.01.03(P) / 2008-09 dated October 8, 2008 and DPSS.CO.No
RBI/2011-12/560DPSS.CO.CHD.No. / 2080 / 03.01.03 / 2011-12 May 11, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / UCBs / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Review of Service Charges for Cheque Collection – Outstation and Speed Clearing Please refer to our circulars DPSS.CO.No.611 / 03.01.03(P) / 2008-09 dated October 8, 2008 and DPSS.CO.No
મે 10, 2012
Transfer of Borrowal Accounts from One Bank to Another
RBI/2011-12/551 DBOD.No.BP.BC-104/21.04.048/2011-12 May 10, 2012 The Chairman and Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks Dear Sir, Transfer of Borrowal Accounts from One Bank to Another Please refer to our circular IECD.No.20/08.12.01/97-98 dated December 2, 1997, in terms of which banks were advised to incorporate the necessary safeguards to be observed in the case of transfer of borrowal accounts from one bank to another as a pa
RBI/2011-12/551 DBOD.No.BP.BC-104/21.04.048/2011-12 May 10, 2012 The Chairman and Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks Dear Sir, Transfer of Borrowal Accounts from One Bank to Another Please refer to our circular IECD.No.20/08.12.01/97-98 dated December 2, 1997, in terms of which banks were advised to incorporate the necessary safeguards to be observed in the case of transfer of borrowal accounts from one bank to another as a pa
મે 10, 2012
Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List
RBI/2011-12/550 DBOD. AML.No.16849 /14.06.001/2011-12 May 10, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 16590/14.06.001/2011-12 dated May 7, 2012. We have since received from Government of India, Ministry o
RBI/2011-12/550 DBOD. AML.No.16849 /14.06.001/2011-12 May 10, 2012 The Chairmen / CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267(1999) / 1989(2011) Committee's Al Qaida Sanctions List Please refer to our circular DBOD. AML No. 16590/14.06.001/2011-12 dated May 7, 2012. We have since received from Government of India, Ministry o
મે 09, 2012
Detection and Reporting Mechanism of Counterfeit Notes - Monetary Policy Statement 2012-13
RBI/2011-12/544 DCM (FNV) No. 5063/16.02.22/2011-12 May 09, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks (Including RRBs) and Scheduled State Co-operative Banks / Scheduled (Primary) Urban Co-operative Banks Dear Sir/Madam, Detection and Reporting Mechanism of Counterfeit Notes – Monetary Policy Statement 2012-13 Please refer to our Directive No. 3158/09.39.00 (Policy)/2009-10 dated November 19, 2009 read with Circul
RBI/2011-12/544 DCM (FNV) No. 5063/16.02.22/2011-12 May 09, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks (Including RRBs) and Scheduled State Co-operative Banks / Scheduled (Primary) Urban Co-operative Banks Dear Sir/Madam, Detection and Reporting Mechanism of Counterfeit Notes – Monetary Policy Statement 2012-13 Please refer to our Directive No. 3158/09.39.00 (Policy)/2009-10 dated November 19, 2009 read with Circul
મે 08, 2012
Foreign investment in Commodity Exchanges and NBFC Sector - Amendment to the FDI Scheme
RBI/2011-12/542 A. P. (DIR Series) Circular No.121 May 08, 2012 To @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ All Category-I Authorised Dealer Banks Madam / Sir, Foreign investment in Commodity Exchanges and NBFC Sector - Amendment to the Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to Schedule 1 to the Foreign Exchange Manage
RBI/2011-12/542 A. P. (DIR Series) Circular No.121 May 08, 2012 To @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ All Category-I Authorised Dealer Banks Madam / Sir, Foreign investment in Commodity Exchanges and NBFC Sector - Amendment to the Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to Schedule 1 to the Foreign Exchange Manage
મે 08, 2012
RRBs - Interest Rates on FCNR (B) Deposits
RBI/2011-12/543 RPCD.CO.RRB.BC.No. 76/03.05.33 (C)/2011-12 May 8, 2012 The Chairmen All Regional Rural Banks Dear Sir, Interest Rates on FCNR (B) Deposits Please refer to paragraph 2 of our circular RPCD.CO.RRB.BC.No. 36/03.05.33 (C) /2011-12 dated November 24, 2011 on Interest Rates on deposits held in FCNR (B) Accounts. In view of the prevailing market conditions, it has been decided that until further notice and with effect from the close of business in India as on
RBI/2011-12/543 RPCD.CO.RRB.BC.No. 76/03.05.33 (C)/2011-12 May 8, 2012 The Chairmen All Regional Rural Banks Dear Sir, Interest Rates on FCNR (B) Deposits Please refer to paragraph 2 of our circular RPCD.CO.RRB.BC.No. 36/03.05.33 (C) /2011-12 dated November 24, 2011 on Interest Rates on deposits held in FCNR (B) Accounts. In view of the prevailing market conditions, it has been decided that until further notice and with effect from the close of business in India as on
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