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ಅಕ್ಟೋ 10, 2002
Indo-Sri Lanka Credit Agreement dated
July 3, 2002, for US$ 31 Million
A.P. (DIR Series) Circular No.29 (October 10, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001@@NBSP@@A.P.(DIR Series)Circular No.29October 10, 2002ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Indo-Sri Lanka Credit Agreement datedJuly 3, 2002, for US$ 31 MillionThe Government of India have extended a line of credit of US$ 31 million (U.S.Dollar Thirtyone million only) to the Government of the Democratic Socialist Republic of Sri Lanka under a credit agreement entered into b
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001@@NBSP@@A.P.(DIR Series)Circular No.29October 10, 2002ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Indo-Sri Lanka Credit Agreement datedJuly 3, 2002, for US$ 31 MillionThe Government of India have extended a line of credit of US$ 31 million (U.S.Dollar Thirtyone million only) to the Government of the Democratic Socialist Republic of Sri Lanka under a credit agreement entered into b
ಅಕ್ಟೋ 03, 2002
Opening, holding and maintaining Foreign Currency Account in India by Unit in Special Economic Zones (SEZs)
A.P. (DIR Series) Circular No.28 (October 3, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No.28October 3, 2002To,All Authorised Dealers in Foreign ExchangeMadam/Sirs,Opening, holding and maintaining Foreign Currency Account in India by Unit in Special Economic Zones (SEZs) Attention of authorised dealers is invited to Notification No.FEMA.37/2001-RB dated February 27, 2001 relating to Foreign Exchange Management (Foreign Currency Account by a Person Resid
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No.28October 3, 2002To,All Authorised Dealers in Foreign ExchangeMadam/Sirs,Opening, holding and maintaining Foreign Currency Account in India by Unit in Special Economic Zones (SEZs) Attention of authorised dealers is invited to Notification No.FEMA.37/2001-RB dated February 27, 2001 relating to Foreign Exchange Management (Foreign Currency Account by a Person Resid
ಸೆಪ್ಟೆಂ 28, 2002
Income Tax Clearance Certificate/No Objection Certificate
A.P. (DIR Series) Circular No.27 (September 28, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.27 September 28, 2002To, All Authorised Dealers in Foreign ExchangeMadam/Sirs,Income Tax Clearance Certificate/No Objection Certificate Attention of Authorised Dealers is invited to the Notification F.No.500/152/96-FID dated November 18, 1997, issued by the Central Board of Direct Taxes (copy enclosed) in terms of which a person making remittance of foreign exchan
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.27 September 28, 2002To, All Authorised Dealers in Foreign ExchangeMadam/Sirs,Income Tax Clearance Certificate/No Objection Certificate Attention of Authorised Dealers is invited to the Notification F.No.500/152/96-FID dated November 18, 1997, issued by the Central Board of Direct Taxes (copy enclosed) in terms of which a person making remittance of foreign exchan
ಸೆಪ್ಟೆಂ 28, 2002
A.P. (DIR Series) Circular No.26 (September 28, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.26September 28, 2002To All Authorised Dealers in Foreign ExchangeMadam/Sirs, (a) Remittance of Current Income by Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) – No Objection Certificate (b) Repatriation of NRNR Deposits Attention of Authorised Dealers is invited to A.P. (DIR Series) Circular No. 45 dated May 14, 2002, in terms of which A.Ds may allow
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.26September 28, 2002To All Authorised Dealers in Foreign ExchangeMadam/Sirs, (a) Remittance of Current Income by Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) – No Objection Certificate (b) Repatriation of NRNR Deposits Attention of Authorised Dealers is invited to A.P. (DIR Series) Circular No. 45 dated May 14, 2002, in terms of which A.Ds may allow
ಸೆಪ್ಟೆಂ 27, 2002
Imports into India - Short term credit
A.P.(DIR Series) Circular No.25 (September 27, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAIA.P.(DIR Series) Circular No.25September 27, 2002To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Imports into India - Short term credit Attention of authorised dealers is invited to the directions contained in paragraphs A.12 and A.13 of the AP(DIR Series) Circular No. 9 dated August 24, 2000, and the provisions contained in paragraph 4(i) of Schedule to the Reserve Bank Notification No. FEMA3
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAIA.P.(DIR Series) Circular No.25September 27, 2002To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Imports into India - Short term credit Attention of authorised dealers is invited to the directions contained in paragraphs A.12 and A.13 of the AP(DIR Series) Circular No. 9 dated August 24, 2000, and the provisions contained in paragraph 4(i) of Schedule to the Reserve Bank Notification No. FEMA3
ಸೆಪ್ಟೆಂ 25, 2002
Foreign Currency Loans in India to holders of FCNR(B) Deposits
A.P. (DIR Series) Circular No.24 (Sep. 25, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.24September 25, 2002 ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Foreign Currency Loans in India to holders of FCNR(B) Deposits Attention of authorised dealers is invited to sub-regulation 1(v) of regulation 4 of Reserve Bank Notification No.FEMA.3/2000-RB dated May 3, 2000 in terms of which a branch outside India of an authorised dealer is empowere
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.24September 25, 2002 ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Foreign Currency Loans in India to holders of FCNR(B) Deposits Attention of authorised dealers is invited to sub-regulation 1(v) of regulation 4 of Reserve Bank Notification No.FEMA.3/2000-RB dated May 3, 2000 in terms of which a branch outside India of an authorised dealer is empowere
ಸೆಪ್ಟೆಂ 17, 2002
External Commercial Borrowings (ECBs)
A.P.(DIR Series) Circular No.23 (September 17, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.23September 17, 2002ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,External Commercial Borrowings (ECBs) Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.10 dated September 5, 2000, operationalising the 'Automatic Route' for ECBs up to USD 50 million. In terms of paragraph 3 of the circular under the Automatic Route ECBs can be ra
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.23September 17, 2002ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,External Commercial Borrowings (ECBs) Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.10 dated September 5, 2000, operationalising the 'Automatic Route' for ECBs up to USD 50 million. In terms of paragraph 3 of the circular under the Automatic Route ECBs can be ra
ಸೆಪ್ಟೆಂ 16, 2002
Disposal of duplicate copies of Export Declaration Forms
A.P. (DIR Series) Circular No.21 (September 16, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No.21September 16, 2002To All Authorised Dealers in Foreign ExchangeMadam / Sirs,Disposal of duplicate copies of Export Declaration Forms Attention of authorised dealers is drawn to sub-regulation D of Regulation 6 of Notification No.FEMA.23/2000-RB dated May 3, 2000 in terms of which on realisation of export proceeds authorised dealers are required to submit the d
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No.21September 16, 2002To All Authorised Dealers in Foreign ExchangeMadam / Sirs,Disposal of duplicate copies of Export Declaration Forms Attention of authorised dealers is drawn to sub-regulation D of Regulation 6 of Notification No.FEMA.23/2000-RB dated May 3, 2000 in terms of which on realisation of export proceeds authorised dealers are required to submit the d
ಸೆಪ್ಟೆಂ 13, 2002
FEMA, 1999 - Current Account Transactions -
Remittances towards Consultancy Services
A.P. (DIR Series) Circular No.20 (September 12, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No.20September 12, 2002 To All Authorised Dealers in Foreign ExchangeMadam / Sirs,FEMA, 1999 – Current Account Transactions –Remittances towards Consultancy Services Attention of authorised dealers is invited to paragraph 3(B)(d) of our A.P.(DIR Series) Circular No.29 dated March 31, 2001, in terms of which remittance exceeding USD 100,000 per project for any consu
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No.20September 12, 2002 To All Authorised Dealers in Foreign ExchangeMadam / Sirs,FEMA, 1999 – Current Account Transactions –Remittances towards Consultancy Services Attention of authorised dealers is invited to paragraph 3(B)(d) of our A.P.(DIR Series) Circular No.29 dated March 31, 2001, in terms of which remittance exceeding USD 100,000 per project for any consu
ಸೆಪ್ಟೆಂ 12, 2002
Remittance of assets in India acquired by way of
inheritance/legacy/Foreign Nationals
A.P. (DIR Series) Circular No.19 (September 12, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No.19September 12, 2002ToAll Authorised Dealers in Foreign Exchange Madam / Sirs,Remittance of assets in India acquired by way of inheritance/legacy/Foreign NationalsAttention of authorised dealers is invited to Regulation 4 of Reserve Bank Notification No.FEMA.13/2000-RB dated May 3, 2000 in terms of which, authorised dealers have been permitted to allow remi
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No.19September 12, 2002ToAll Authorised Dealers in Foreign Exchange Madam / Sirs,Remittance of assets in India acquired by way of inheritance/legacy/Foreign NationalsAttention of authorised dealers is invited to Regulation 4 of Reserve Bank Notification No.FEMA.13/2000-RB dated May 3, 2000 in terms of which, authorised dealers have been permitted to allow remi
ಸೆಪ್ಟೆಂ 12, 2002
Liberalisation of Release of Foreign Exchange
for Medical Treatment Abroad
A.P.(DIR Series) Circular No.17 (September 12, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.17September 12, 2002ToAll Authorised Dealers in Foreign Exchange Madam/Sirs,Liberalisation of Release of Foreign Exchange for Medical Treatment AbroadAttention of authorised dealers (ADs) is invited to item No.9 of Schedule III to G.S.R.381(E) dated May 3, 2000 in terms of which they are empowered to release foreign exchange to residents for meeting expenses for
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.17September 12, 2002ToAll Authorised Dealers in Foreign Exchange Madam/Sirs,Liberalisation of Release of Foreign Exchange for Medical Treatment AbroadAttention of authorised dealers (ADs) is invited to item No.9 of Schedule III to G.S.R.381(E) dated May 3, 2000 in terms of which they are empowered to release foreign exchange to residents for meeting expenses for
ಸೆಪ್ಟೆಂ 12, 2002
Release of Foreign Exchange for Small Value Remittances
A.P.(DIR Series) Circular No.16 (September 12, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.16September 12, 2002To All Authorised Dealers in Foreign Exchange Madam/Sirs,Release of Foreign Exchange for Small Value Remittances Attention of authorised dealers (ADs) is drawn to the sub-section (5) of Section 10 of the Foreign Exchange Management Act (FEMA), 1999, which provides that an authorised person shall before undertaking any transaction in foreign ex
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.16September 12, 2002To All Authorised Dealers in Foreign Exchange Madam/Sirs,Release of Foreign Exchange for Small Value Remittances Attention of authorised dealers (ADs) is drawn to the sub-section (5) of Section 10 of the Foreign Exchange Management Act (FEMA), 1999, which provides that an authorised person shall before undertaking any transaction in foreign ex
ಸೆಪ್ಟೆಂ 09, 2002
R-Return and Guide to Authorised Dealers for compilation of
R-Returns - Submission of A1 and A2 forms -Discontinuation of
A.P.(DIR Series) Circular No.14 (September 9, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.14September 9, 2002To,All Authorised Dealers in Foreign ExchangeMadam / Sirs,R-Return and Guide to Authorised Dealers for compilation ofR-Returns – Submission of A1 and A2 forms –Discontinuation of Attention of all authorised dealers is invited to paragraph 3 of A.D. (M.A. Series) Circular No.11 of May 16, 2000, read with paragraph 15 of Annexure to A.D.(M.A. Serie
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.14September 9, 2002To,All Authorised Dealers in Foreign ExchangeMadam / Sirs,R-Return and Guide to Authorised Dealers for compilation ofR-Returns – Submission of A1 and A2 forms –Discontinuation of Attention of all authorised dealers is invited to paragraph 3 of A.D. (M.A. Series) Circular No.11 of May 16, 2000, read with paragraph 15 of Annexure to A.D.(M.A. Serie
ಸೆಪ್ಟೆಂ 09, 2002
Evidence of Import
A.P.(DIR Series) Circular No.15 (September 9, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.15September 9, 2002ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Evidence of Import Attention of authorised dealers is invited to paragraph A.17(ii) & (iv) of the Annexure to A.P. (DIR.Series) Circular No.9 dated August 24, 2000, in terms of which in case of all imports, except import through couriers, where value of foreign exchange remitted/paid
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.15September 9, 2002ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Evidence of Import Attention of authorised dealers is invited to paragraph A.17(ii) & (iv) of the Annexure to A.P. (DIR.Series) Circular No.9 dated August 24, 2000, in terms of which in case of all imports, except import through couriers, where value of foreign exchange remitted/paid
ಸೆಪ್ಟೆಂ 07, 2002
Notification No: FEMA71/2002- RB dated September 7, 2002
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai- 400 001 Notification No: FEMA71/2002- RBDated September 7, 2002In exercise of the powers conferred by Section 6, Section 7, Section 8, Section 9 and Section 47 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999) and all other powers enabling it in this behalf, the Reserve Bank of India makes the following Regulations, namely: -CHAPTER I1. Short title and commencementThese Regulations shall
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai- 400 001 Notification No: FEMA71/2002- RBDated September 7, 2002In exercise of the powers conferred by Section 6, Section 7, Section 8, Section 9 and Section 47 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999) and all other powers enabling it in this behalf, the Reserve Bank of India makes the following Regulations, namely: -CHAPTER I1. Short title and commencementThese Regulations shall
ಸೆಪ್ಟೆಂ 06, 2002
Export of goods and services against repayment of
State Credits granted by erstwhile Soviet Union
A.P. (DIR Series) Circular No.13 (September 6, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.13September 6, 2002To,All Authorised Dealers in Foreign ExchangeMadam/Sirs,Export of goods and services against repayment of State Credits granted by erstwhile Soviet Union Attention of all authorised dealers is drawn to A.D. (G.P.Series) Circular No.11 dated June 15, 1998, in terms of which reimbursement claims sent to Reserve Bank where the documents are negot
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.13September 6, 2002To,All Authorised Dealers in Foreign ExchangeMadam/Sirs,Export of goods and services against repayment of State Credits granted by erstwhile Soviet Union Attention of all authorised dealers is drawn to A.D. (G.P.Series) Circular No.11 dated June 15, 1998, in terms of which reimbursement claims sent to Reserve Bank where the documents are negot
ಆಗ 28, 2002
Export of Goods and Services
A.P.(DIR Series) Circular No.12 (August 28, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.12August 28, 2002ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Export of Goods and ServicesAttention of all authorised dealers is invited to A.P.(DIR Series) Circular No. 5 dated August 27, 2001 in terms of which a period of 360 days from the date of shipment was allowed as a temporary measure from September 1, 2001 for realisation and repatriation of
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.12August 28, 2002ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Export of Goods and ServicesAttention of all authorised dealers is invited to A.P.(DIR Series) Circular No. 5 dated August 27, 2001 in terms of which a period of 360 days from the date of shipment was allowed as a temporary measure from September 1, 2001 for realisation and repatriation of
ಆಗ 26, 2002
Foreign Exchange Management Regulations, 2002
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001. Notification No.FEMA70/RB/2002 Dated the August 26, 2002 Foreign Exchange Management (Foreign exchange derivative contracts (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (h) of 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.25/RB-2000 dated May 3, 2000, Reserve Ba
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001. Notification No.FEMA70/RB/2002 Dated the August 26, 2002 Foreign Exchange Management (Foreign exchange derivative contracts (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (h) of 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.25/RB-2000 dated May 3, 2000, Reserve Ba
ಆಗ 26, 2002
Foreign Exchange Management(Foreign Currency Account by a Person Resident in India) (Amendment) Regulations, 2002
Notification No.FEMA 69/2002-RB August 26,2002 Foreign Exchange Management(Foreign Currency Account by a Person Resident in India) (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (b) of Section 9 and clause(e) of 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 10/2000-RB dated May 3, 2000 , Reserve Bank of India makes the following amendments to For
Notification No.FEMA 69/2002-RB August 26,2002 Foreign Exchange Management(Foreign Currency Account by a Person Resident in India) (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (b) of Section 9 and clause(e) of 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 10/2000-RB dated May 3, 2000 , Reserve Bank of India makes the following amendments to For
ಆಗ 20, 2002
Foreign Exchange Management (Borrowing and Lending in Rupees) (Amendment) Regulations, 2002
Reserve Bank of India (Exchange Control Department) Central Office Mumbai 400 001 Notification No.FEMA.67/2002-RB dated August 20, 2002 Foreign Exchange Management (Borrowing and Lending in Rupees) (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (e) 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.4/RB-2000, dat
Reserve Bank of India (Exchange Control Department) Central Office Mumbai 400 001 Notification No.FEMA.67/2002-RB dated August 20, 2002 Foreign Exchange Management (Borrowing and Lending in Rupees) (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (e) 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.4/RB-2000, dat
ಆಗ 14, 2002
Export of Goods and Services -
Facilities to units in Special Economic Zones (SEZs)
A.P. (DIR Series) Circular No.10 (August 14, 2002)
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P. (DIR Series) Circular No.10 August 14, 2002 To, All Authorised Dealers in Foreign Exchange Madam/Sirs, Export of Goods and Services – Facilities to units in Special Economic Zones (SEZs) Attention of authorised dealers is invited to paragraph C.7 of A.P. (DIR Series) Circular No.12 dated September 9,2000 in terms of which authorised dealers have been advised to accede, in certain case
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P. (DIR Series) Circular No.10 August 14, 2002 To, All Authorised Dealers in Foreign Exchange Madam/Sirs, Export of Goods and Services – Facilities to units in Special Economic Zones (SEZs) Attention of authorised dealers is invited to paragraph C.7 of A.P. (DIR Series) Circular No.12 dated September 9,2000 in terms of which authorised dealers have been advised to accede, in certain case
ಆಗ 14, 2002
Exchange Earners’ Foreign Currency (EEFC)
Account Scheme - Amendment
A.P. (DIR Series) Circular No. 11 (August 14, 2002)
Exchange Control Department Reserve Bank of India Central Office Mumbai 400 001 A.P. (DIR Series) Circular No. 11 August 14, 2002 To Dear Sir/Madam, Exchange Earners’ Foreign Currency (EEFC) Account Scheme – Amendment Attention of authorised dealers is invited to the Reserve Bank Notification No. FEMA 10/2000-RB dated 3rd May 2000 relating to Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2000 which has been amended
Exchange Control Department Reserve Bank of India Central Office Mumbai 400 001 A.P. (DIR Series) Circular No. 11 August 14, 2002 To Dear Sir/Madam, Exchange Earners’ Foreign Currency (EEFC) Account Scheme – Amendment Attention of authorised dealers is invited to the Reserve Bank Notification No. FEMA 10/2000-RB dated 3rd May 2000 relating to Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2000 which has been amended
ಆಗ 13, 2002
Assured Spare Parts Supply Agreements -
Opening of stand-by Letters of Credit by
Independent Power Producers
A.P. (DIR Series) Circular No. 9 (August 13. 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No. 9August 13. 2002To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Assured Spare Parts Supply Agreements –Opening of stand-by Letters of Credit byIndependent Power Producers Authorised Dealers are aware that as per extant guidelines, opening of stand-by Letters of Credit is permitted only in exceptional cases, such as for import of crude oil and petrole
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001A.P. (DIR Series) Circular No. 9August 13. 2002To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Assured Spare Parts Supply Agreements –Opening of stand-by Letters of Credit byIndependent Power Producers Authorised Dealers are aware that as per extant guidelines, opening of stand-by Letters of Credit is permitted only in exceptional cases, such as for import of crude oil and petrole
ಆಗ 05, 2002
External Commercial Borrowings - Prepayment
A.P. (DIR Series) Circular No.8
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001August 5, 2002A.P. (DIR Series) Circular No.8ToAll Authorised Dealers in Foreign ExchangeMadam/SirsExternal Commercial Borrowings – PrepaymentAuthorised dealers are aware that prepayment of External Commercial Borrowings (ECBs) require prior approval of the Reserve Bank and the Bank considers such applications under the following categories:Where the amount of prepayment of ECB is fully matc
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001August 5, 2002A.P. (DIR Series) Circular No.8ToAll Authorised Dealers in Foreign ExchangeMadam/SirsExternal Commercial Borrowings – PrepaymentAuthorised dealers are aware that prepayment of External Commercial Borrowings (ECBs) require prior approval of the Reserve Bank and the Bank considers such applications under the following categories:Where the amount of prepayment of ECB is fully matc
ಜುಲೈ 29, 2002
Exim Bank’s Line of Credit of US$ 10 million to
Banco Bradesco S.A., Brazil
A.P.(DIR Series) Circular No.7 (July 29, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.7July 29, 2002ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Exim Bank’s Line of Credit of US$ 10 million toBanco Bradesco S.A., BrazilExport Import Bank of India (Exim Bank) has concluded an agreement with the Banco Bradesco S.A., Brazil on December 14, 2001, making available to the latter, a line of credit upto an aggregate sum of US$ 10 million (U.S. D
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.7July 29, 2002ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Exim Bank’s Line of Credit of US$ 10 million toBanco Bradesco S.A., BrazilExport Import Bank of India (Exim Bank) has concluded an agreement with the Banco Bradesco S.A., Brazil on December 14, 2001, making available to the latter, a line of credit upto an aggregate sum of US$ 10 million (U.S. D
ಜುಲೈ 29, 2002
Exim Bank’s Line of Credit of US$ 10 million to
Banco Industrial de Venezuela (BIV), Venezuela
A.P.(DIR Series) Circular No.6 (July 29, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.6July 29, 2002ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Exim Bank’s Line of Credit of US$ 10 million toBanco Industrial de Venezuela (BIV), VenezuelaExport Import Bank of India (Exim Bank) has concluded an agreement with the Banco Industrial de Venezuela (BIV), Venezuela on July 19, 2001, making available to the latter, a line of credit upto an aggre
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.6July 29, 2002ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Exim Bank’s Line of Credit of US$ 10 million toBanco Industrial de Venezuela (BIV), VenezuelaExport Import Bank of India (Exim Bank) has concluded an agreement with the Banco Industrial de Venezuela (BIV), Venezuela on July 19, 2001, making available to the latter, a line of credit upto an aggre
ಜುಲೈ 27, 2002
Notification No.FEMA.66 /2002-RB dated July 27, 2002
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001Notification No.FEMA.66/2002-RBdated 27 July 2002In exercise of the powers conferred by clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999) and in partial modification of its Notification No.FEMA.25/RB-2000, dated May 3, 2000, the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Foreign exchange deriv
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001Notification No.FEMA.66/2002-RBdated 27 July 2002In exercise of the powers conferred by clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999) and in partial modification of its Notification No.FEMA.25/RB-2000, dated May 3, 2000, the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Foreign exchange deriv
ಜುಲೈ 15, 2002
Credits to Non-Resident External Rupee (NRE) Accounts
A.P.(DIR Series) Circular No.5 (July 15, 2002)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI - 400 001 A.P.(DIR Series) Circular No.5 July 15, 2002 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Credits to Non-Resident External Rupee (NRE) Accounts Attention of authorised dealers is invited to paragraph No.3 of Schedule 1 to Reserve Bank Noficiation No.FEMA.5/2000-RB dated May 3, 2000 regarding permitted credits to NRE Rupee Accounts and A.P. (DIR Series) Circular No.45 dated M
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI - 400 001 A.P.(DIR Series) Circular No.5 July 15, 2002 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Credits to Non-Resident External Rupee (NRE) Accounts Attention of authorised dealers is invited to paragraph No.3 of Schedule 1 to Reserve Bank Noficiation No.FEMA.5/2000-RB dated May 3, 2000 regarding permitted credits to NRE Rupee Accounts and A.P. (DIR Series) Circular No.45 dated M
ಜುಲೈ 09, 2002
Deferred Payments Protocols dated 30th April 1981
and 23rd December 1985 between the Government of
India and erstwhile USSR
A.P. (DIR Series) Circular No.4 (July 9, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.4July 9, 2002To, All Authorised Dealers in Foreign ExchangeMadam/Sirs,Deferred Payments Protocols dated 30th April 1981and 23rd December 1985 between the Government ofIndia and erstwhile USSR Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.46 dated May 15, 2002 read with AP (DIR Series) Circular No.50 dated June 5, 2002 wherein the rupe
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.4July 9, 2002To, All Authorised Dealers in Foreign ExchangeMadam/Sirs,Deferred Payments Protocols dated 30th April 1981and 23rd December 1985 between the Government ofIndia and erstwhile USSR Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.46 dated May 15, 2002 read with AP (DIR Series) Circular No.50 dated June 5, 2002 wherein the rupe
ಜುಲೈ 06, 2002
Branch/Project/Liaison Offices in
India of person resident outside India
A.P.(DIR Series) Circular No.3 (July 6, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001.A.P.(DIR Series) Circular No.3July 6, 2002To,All Authorised Dealers in Foreign ExchangeMadam / Sirs,Branch/Project/Liaison Offices inIndia of person resident outside India Attention of Authorised Dealers is invited to Regulation 5 (iii) of Reserve Bank Notification No. FEMA 22/2000-RB dated 3rd May 2000 in terms of which Reserve Bank imposes certain terms and conditions while granting approva
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001.A.P.(DIR Series) Circular No.3July 6, 2002To,All Authorised Dealers in Foreign ExchangeMadam / Sirs,Branch/Project/Liaison Offices inIndia of person resident outside India Attention of Authorised Dealers is invited to Regulation 5 (iii) of Reserve Bank Notification No. FEMA 22/2000-RB dated 3rd May 2000 in terms of which Reserve Bank imposes certain terms and conditions while granting approva
ಜುಲೈ 04, 2002
Export of Goods and Services
A.P. (DIR Series) Circular No.2 (July 4, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No.2July 4, 2002To, All Authorised Dealers in Foreign ExchangeMadam/Sirs,Export of Goods and Services Attention of all authorised dealers is invited to A.P.(DIR Series) Circular No.6 dated 24th September 2001 in terms of which manufacturer exporters of certain products and having export contracts of Rs.100 crore and above in value terms in one year have been allowe
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No.2July 4, 2002To, All Authorised Dealers in Foreign ExchangeMadam/Sirs,Export of Goods and Services Attention of all authorised dealers is invited to A.P.(DIR Series) Circular No.6 dated 24th September 2001 in terms of which manufacturer exporters of certain products and having export contracts of Rs.100 crore and above in value terms in one year have been allowe
ಜುಲೈ 02, 2002
Facilities to NRIs/PIOs and Residents
A.P.(DIR Series) Circular No.1 (July 2, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.1July 2, 2002[ last circular for the year 2001-02 isA.P.(DIR Series) Circular No.54]ToAll Authorised Dealers in Foreign Exchange Madam/Sirs,Facilities to NRIs/PIOs and ResidentsAs Authorised Dealers are aware, in terms of Paragraph 4 of Schedule 3 to the Notification No.FEMA 5/2000-RB dated May 3, 2000, balances in NRO accounts are not eligible for remittance out
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.1July 2, 2002[ last circular for the year 2001-02 isA.P.(DIR Series) Circular No.54]ToAll Authorised Dealers in Foreign Exchange Madam/Sirs,Facilities to NRIs/PIOs and ResidentsAs Authorised Dealers are aware, in terms of Paragraph 4 of Schedule 3 to the Notification No.FEMA 5/2000-RB dated May 3, 2000, balances in NRO accounts are not eligible for remittance out
ಜೂನ್ 29, 2002
Maintenance of foreign currency account
abroad by a company/firm/a body corporate
registered or incorporated in India
A.P. (DIR Series) Circular No.54 (June 29, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.54June 29, 2002To, All Authorised Dealers in Foreign ExchangeMadam/Sirs,Maintenance of foreign currency account abroad by a company/firm/a body corporate registered or incorporated in India Attention of authorised dealers is invited to the Reserve Bank Notification No.FEMA.10/2000-RB dated 3rd May 2000 relating to Foreign Exchange Management (Foreign Currency Acco
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.54June 29, 2002To, All Authorised Dealers in Foreign ExchangeMadam/Sirs,Maintenance of foreign currency account abroad by a company/firm/a body corporate registered or incorporated in India Attention of authorised dealers is invited to the Reserve Bank Notification No.FEMA.10/2000-RB dated 3rd May 2000 relating to Foreign Exchange Management (Foreign Currency Acco
ಜೂನ್ 29, 2002
Notification No.FEMA.64 /2002-RB dated June 29, 2002
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001. Notification No.FEMA.64 /2002-RB datedJune 29, 2002In exercise of 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), the Reserve Bank of India makes the following amendments to Foreign Exchange Management (Deposit) Regulations 2000, namely :-1. (i) These Regulations may be called the Foreign
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001. Notification No.FEMA.64 /2002-RB datedJune 29, 2002In exercise of 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), the Reserve Bank of India makes the following amendments to Foreign Exchange Management (Deposit) Regulations 2000, namely :-1. (i) These Regulations may be called the Foreign
ಜೂನ್ 29, 2002
Notification No.FEMA.65 /2002-RB dated June 29, 2002
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001.Notification No.FEMA.65 /2002-RB datedJune 29, 2002In exercise of powers conferred by clause (i) of sub-section (3) of section 6, 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 Foreign Exchange Management (Acquisition and transfer of immovable property in India) Regulations 2000, namely :-1.
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001.Notification No.FEMA.65 /2002-RB datedJune 29, 2002In exercise of powers conferred by clause (i) of sub-section (3) of section 6, 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 Foreign Exchange Management (Acquisition and transfer of immovable property in India) Regulations 2000, namely :-1.
ಜೂನ್ 25, 2002
Exim Bank’s Line of Credit of US $ 10 million to Banco
de Comercio Exterior de Colombia, S.A. (Bancoldex), Colombia
A.P.(DIR Series) Circular No.52 (June 25, 2002)
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No.52 June 25, 2002 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Exim Bank’s Line of Credit of US $ 10 million to Banco de Comercio Exterior de Colombia, S.A. (Bancoldex), Colombia Export Import Bank of India (Exim Bank) has concluded an agreement with the Banco de Comercio Exterior de Colombia, S.A. (Bancoldex), Colombia on February 5, 2002, making
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No.52 June 25, 2002 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Exim Bank’s Line of Credit of US $ 10 million to Banco de Comercio Exterior de Colombia, S.A. (Bancoldex), Colombia Export Import Bank of India (Exim Bank) has concluded an agreement with the Banco de Comercio Exterior de Colombia, S.A. (Bancoldex), Colombia on February 5, 2002, making
ಜೂನ್ 24, 2002
Indian Direct Investment in Joint Ventures (JV)/
Wholly Owned Subsidiaries (WOS) outside India
A.P. (DIR Series) Circular No.51 (June 24, 2002)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P. (DIR Series) Circular No.51 June 24, 2002 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Indian Direct Investment in Joint Ventures (JV)/ Wholly Owned Subsidiaries (WOS) outside India 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.1
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P. (DIR Series) Circular No.51 June 24, 2002 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Indian Direct Investment in Joint Ventures (JV)/ Wholly Owned Subsidiaries (WOS) outside India 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.1
ಜೂನ್ 21, 2002
Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) ( Third Amendment) Regulations, 2002
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA. 63 /2002-RB dated June 21, 2002 Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) ( Third Amendment) Regulations, 2002 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in supercession of the Notification No.FE
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA. 63 /2002-RB dated June 21, 2002 Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) ( Third Amendment) Regulations, 2002 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in supercession of the Notification No.FE
ಜೂನ್ 05, 2002
Deferred Payments Protocols dated 30th April 1981
and 23rd December 1985 between the Government of India
and erstwhile USSR
A.P. (DIR Series) Circular No.50 (June 5, 2002)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P. (DIR Series) Circular No.50 June 5, 2002 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Deferred Payments Protocols dated 30th April 1981 and 23rd December 1985 between the Government of India and erstwhile USSR Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.46 dated 15th May 2002 wherein the rupee value of the special currency basket effective
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P. (DIR Series) Circular No.50 June 5, 2002 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Deferred Payments Protocols dated 30th April 1981 and 23rd December 1985 between the Government of India and erstwhile USSR Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.46 dated 15th May 2002 wherein the rupee value of the special currency basket effective
ಜೂನ್ 04, 2002
Remittance for participation in lottery etc., schemes
A.P. (DIR Series) Circular No.49 (June 4, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001A.P. (DIR Series) Circular No.49June 4, 2002To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Remittance for participation in lottery etc., schemes Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.22 dated December 7, 2000 and A.P. (DIR Series) Circular No.2 dated July 27, 2001 in connection with prohibition on remittance in any form towards participation in lo
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001A.P. (DIR Series) Circular No.49June 4, 2002To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Remittance for participation in lottery etc., schemes Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.22 dated December 7, 2000 and A.P. (DIR Series) Circular No.2 dated July 27, 2001 in connection with prohibition on remittance in any form towards participation in lo
ಜೂನ್ 03, 2002
Exim Bank’s Letter of Credit Refinancing Facility of
US $ 20 million to Bank Markazi Jomhouri Islami Iran
A.P.(DIR Series) Circular No.48 (June 3, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.48June 3, 2002ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Exim Bank’s Letter of Credit Refinancing Facility ofUS $ 20 million to Bank Markazi Jomhouri Islami IranExport Import Bank of India (Exim Bank) has concluded an agreement with Bank Markazi Jomhouri Islami Iran (The Central Bank of the Islamic Republic of Iran) on February 20, 2002, making availabl
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.48June 3, 2002ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Exim Bank’s Letter of Credit Refinancing Facility ofUS $ 20 million to Bank Markazi Jomhouri Islami IranExport Import Bank of India (Exim Bank) has concluded an agreement with Bank Markazi Jomhouri Islami Iran (The Central Bank of the Islamic Republic of Iran) on February 20, 2002, making availabl
ಮೇ 14, 2002
Remittance of Current Income by NRIs.
A.P. (DIR Series) Circular No. 45 (May 14, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No. 45May 14, 2002ToAll Authorised Dealers in Foreign Exchange Madam/Sirs,Remittance of Current Income by NRIs.As you are aware, authorised dealers can allow remittance of current income in India by debit to the Non-Resident (Ordinary) Rupee (NRO) accounts of the account holders vide paragraph 3(B)(ii) of Schedule 3 to Notification No. FEMA.5/ 2000-RB dated May 3,
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P. (DIR Series) Circular No. 45May 14, 2002ToAll Authorised Dealers in Foreign Exchange Madam/Sirs,Remittance of Current Income by NRIs.As you are aware, authorised dealers can allow remittance of current income in India by debit to the Non-Resident (Ordinary) Rupee (NRO) accounts of the account holders vide paragraph 3(B)(ii) of Schedule 3 to Notification No. FEMA.5/ 2000-RB dated May 3,
ಮೇ 13, 2002
Foreign Exchange Management (Remittance of Assets) (Amendment) Regulations, 2002
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001Notification No.FEMA. 62 /2002-RBdated May 13, 2002Foreign Exchange Management (Remittance of Assets) (Amendment) Regulations, 2002 In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA.13/2000-RB dated May 3, 2000, the Reserve Bank of India makes the following amendments in the Fore
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001Notification No.FEMA. 62 /2002-RBdated May 13, 2002Foreign Exchange Management (Remittance of Assets) (Amendment) Regulations, 2002 In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA.13/2000-RB dated May 3, 2000, the Reserve Bank of India makes the following amendments in the Fore
ಮೇ 02, 2002
Foreign Exchange Management (Insurance) (Amendment) Regulations, 2002
Reserve Bank of India Exchange Control Department Central Office Mumbai Notification No.FEMA.61 /2002-RBdated May 02, 2002Foreign Exchange Management (Insurance)(Amendment) Regulations, 2002 In exercise of the powers conferred by 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.12/2000-RB, dated May 3, 2000, the Reserve Bank of India makes the following Regulations to amen
Reserve Bank of India Exchange Control Department Central Office Mumbai Notification No.FEMA.61 /2002-RBdated May 02, 2002Foreign Exchange Management (Insurance)(Amendment) Regulations, 2002 In exercise of the powers conferred by 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.12/2000-RB, dated May 3, 2000, the Reserve Bank of India makes the following Regulations to amen
ಏಪ್ರಿ 30, 2002
Indian Direct Investment in Joint Ventures/Wholly Owned Subsidiaries Outside India
A.P. (DIR Series) Circular No.43 (April 30, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No.43 April 30, 2002To,All Authorised Dealers in Foreign ExchangeMadam/Sirs,Indian Direct Investment in Joint Ventures/Wholly Owned Subsidiaries Outside India 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 3
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No.43 April 30, 2002To,All Authorised Dealers in Foreign ExchangeMadam/Sirs,Indian Direct Investment in Joint Ventures/Wholly Owned Subsidiaries Outside India 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 3
ಏಪ್ರಿ 30, 2002
ACU - Funding of Nostro Account on ‘TOM’ basis
A.P.(DIR Series) Circular No.42 (April 30, 2002)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.42April 30, 2002To,All Authorised Dealers in Foreign ExchangeMadam/Sirs,ACU – Funding of Nostro Account on ‘TOM’ basis Attention of authorised dealers is invited to AP (DIR Series) Circular No.25 dated February 17, 2001 in terms of which, authorised dealers desirous of availing the facility of booking transactions in their ACU Dollar Accounts on ‘Tom’ basis are req
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.42April 30, 2002To,All Authorised Dealers in Foreign ExchangeMadam/Sirs,ACU – Funding of Nostro Account on ‘TOM’ basis Attention of authorised dealers is invited to AP (DIR Series) Circular No.25 dated February 17, 2001 in terms of which, authorised dealers desirous of availing the facility of booking transactions in their ACU Dollar Accounts on ‘Tom’ basis are req
ಏಪ್ರಿ 29, 2002
Investment in and Borrowing from Overseas Markets
A.P. (DIR Series) Circular No.40 (April 29, 2002)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 A.P. (DIR Series) Circular No.40 April 29, 2002 To All Authorised Dealers in Foreign Exchange Madam/ Sirs Investment in and Borrowing from Overseas Markets Attention of authorised dealers is invited to paragraphs C.4 (ii) and C.5 (i ) of A.P. (DIR Series) Circular No.19, dated January 24, 2002. 2. With a view to accord greater flexibility in funds management to banks in India, it has been
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 A.P. (DIR Series) Circular No.40 April 29, 2002 To All Authorised Dealers in Foreign Exchange Madam/ Sirs Investment in and Borrowing from Overseas Markets Attention of authorised dealers is invited to paragraphs C.4 (ii) and C.5 (i ) of A.P. (DIR Series) Circular No.19, dated January 24, 2002. 2. With a view to accord greater flexibility in funds management to banks in India, it has been
ಏಪ್ರಿ 29, 2002
Notification No.FEMA.60/2002-RB
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.60/2002-RBDated April 29, 2002In exercise of the powers conferred by clause (d) of Sub-Section 3 of Section 6 of Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 3 / 2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Borrowing or Lending in F
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.60/2002-RBDated April 29, 2002In exercise of the powers conferred by clause (d) of Sub-Section 3 of Section 6 of Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 3 / 2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following amendments in the Foreign Exchange Management (Borrowing or Lending in F
ಏಪ್ರಿ 24, 2002
Foreign Exchange Management (Transfer or Issue of any foreign security) (Amendment) Regulations, 2002
Foreign Exchange Management (Transfer or Issue of any foreign security) (Amendment) Regulations, 2002 RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA. 59 /2002-RB dated April 24, 2002 Foreign Exchange Management (Transfer or Issue of any foreign security) (Amendment) Regulations, 2002 @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ In exercise of the powers conferred by cla
Foreign Exchange Management (Transfer or Issue of any foreign security) (Amendment) Regulations, 2002 RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA. 59 /2002-RB dated April 24, 2002 Foreign Exchange Management (Transfer or Issue of any foreign security) (Amendment) Regulations, 2002 @@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ In exercise of the powers conferred by cla
ಏಪ್ರಿ 20, 2002
Foreign Exchange Management Act, 1999 -
Current Account Transactions
A.P.(DIR Series) Circular No.39 (April 20, 2002)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P.(DIR Series) Circular No.39 April 20, 2002 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Foreign Exchange Management Act, 1999 – Current Account Transactions The authorised dealers have been permitting the Indian companies to open Trading Office / Non-Trading Office / Branch Office / Representative Office abroad and allowing remittance for initial expenses and recurring e
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 A.P.(DIR Series) Circular No.39 April 20, 2002 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Foreign Exchange Management Act, 1999 – Current Account Transactions The authorised dealers have been permitting the Indian companies to open Trading Office / Non-Trading Office / Branch Office / Representative Office abroad and allowing remittance for initial expenses and recurring e

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