Consumer Education and Protection

Release of Exchange for Private Travel
A.P. (DIR Series) Circular No.31 (October 18, 2002)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001October 18, 2002A.P. (DIR Series) Circular No.31 ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Release of Exchange for Private TravelIn terms of Item 2 of Schedule III to the Government of India’s Notification No.G.S.R. 381(E) dated May 3, 2000, authorised dealers (ADs) are required to obtain prior permission of the Reserve Bank to release foreign exchange exceeding USD 5,000 in one c

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001October 18, 2002A.P. (DIR Series) Circular No.31 ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Release of Exchange for Private TravelIn terms of Item 2 of Schedule III to the Government of India’s Notification No.G.S.R. 381(E) dated May 3, 2000, authorised dealers (ADs) are required to obtain prior permission of the Reserve Bank to release foreign exchange exceeding USD 5,000 in one c

Release of Exchange for Private TravelA.P. (DIR Series) Circular No.31 (October 18, 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

Liberalisation of Release of Foreign Exchange for Medical Treatment Abroad A.P.(DIR Series) Circular No.17 (September 12, 2002)

Customer Service - Immediate credit for outstation and
local cheques - enhancement of ceiling

Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005Ref.DBOD.No.Leg.BC. 21 / 09.07.007 / 2002-03August 23, 2002.All scheduled commercial banks (excluding RRBs and LABs)Dear Sir,Customer Service - Immediate credit for outstation and local cheques - enhancement of ceilingPlease refer to our circular DBOD No.BC.181 / 09.07.007 / 99-2000 dated May 29, 2000 advising banks to

Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005Ref.DBOD.No.Leg.BC. 21 / 09.07.007 / 2002-03August 23, 2002.All scheduled commercial banks (excluding RRBs and LABs)Dear Sir,Customer Service - Immediate credit for outstation and local cheques - enhancement of ceilingPlease refer to our circular DBOD No.BC.181 / 09.07.007 / 99-2000 dated May 29, 2000 advising banks to

Customer Service - Immediate credit for outstation and local cheques - enhancement of ceiling

Guidelines on "Know Your Customer"
norms and "Cash transactions"

DBOD.AML.BC.18/14.01.001/2002-03August 16, 2002ToThe Chief Executives ofAll Commercial banks.Dear Sir,Guidelines on "Know Your Customer" norms and "Cash transactions"As part of ‘Know Your Customer’ (KYC) principle, RBI has issued several guidelines relating to identification of depositors and advised the banks to put in place systems and procedures to help control financial frauds, identify money laundering and suspicious activities, and for scrutiny/monitoring of lar

DBOD.AML.BC.18/14.01.001/2002-03August 16, 2002ToThe Chief Executives ofAll Commercial banks.Dear Sir,Guidelines on "Know Your Customer" norms and "Cash transactions"As part of ‘Know Your Customer’ (KYC) principle, RBI has issued several guidelines relating to identification of depositors and advised the banks to put in place systems and procedures to help control financial frauds, identify money laundering and suspicious activities, and for scrutiny/monitoring of lar

Guidelines on "Know Your Customer" norms and "Cash transactions"

Transferability of Relief Bonds of earlier series

Ref.No. CO. DT.13.01.272/ @@NBSP@@ @@NBSP@@ @@NBSP@@ /2002-03July 17, 2002The RDs, All Regional OfficesState Bank of India & Associates, 18 Nationalised Banks,4 Private Sector Banks and SCHILDear Sir,Transferability of Relief Bonds of earlier seriesWe advise that the secondary market purchases of bonds of earlier series, issued prior to March 1, 2002 and not matured, are not to be treated as fresh investments and included in the per investor annual limit of Rs. 2

Ref.No. CO. DT.13.01.272/ @@NBSP@@ @@NBSP@@ @@NBSP@@ /2002-03July 17, 2002The RDs, All Regional OfficesState Bank of India & Associates, 18 Nationalised Banks,4 Private Sector Banks and SCHILDear Sir,Transferability of Relief Bonds of earlier seriesWe advise that the secondary market purchases of bonds of earlier series, issued prior to March 1, 2002 and not matured, are not to be treated as fresh investments and included in the per investor annual limit of Rs. 2

Transferability of Relief Bonds of earlier series

Release of Foreign Exchange for Travel outside India

As on July 1, 2002Reserve Bank of IndiaExchange Control Department Central OfficeMumbaiEC.CO. PCD.No.3/15.02.76/2002-03July 15, 2002ToAll Authorised Dealers in Foreign Exchange Dear Sirs,Master Circular – Release of Foreign Exchange for Travel outside IndiaAs 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

As on July 1, 2002Reserve Bank of IndiaExchange Control Department Central OfficeMumbaiEC.CO. PCD.No.3/15.02.76/2002-03July 15, 2002ToAll Authorised Dealers in Foreign Exchange Dear Sirs,Master Circular – Release of Foreign Exchange for Travel outside IndiaAs 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

Release of Foreign Exchange for Travel outside India

Use of Credit Cards
AP (DIR Series) Circular No.53 (June 27, 2002)

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001AP (DIR Series) Circular No.53June 27, 2002To,All Authorised Dealers in Foreign ExchangeMadam / Sirs,Use of Credit CardsAttention of Authorised Dealers is invited to paragraph 3 of AP(DIR Series) Circular No.19 dated October 30, 2000 clarifying that the term "currency", inter alia, includes Credit Cards, ATM Cards and Debit Cards etc. and all the rules, regulations made and directions issued u

Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001AP (DIR Series) Circular No.53June 27, 2002To,All Authorised Dealers in Foreign ExchangeMadam / Sirs,Use of Credit CardsAttention of Authorised Dealers is invited to paragraph 3 of AP(DIR Series) Circular No.19 dated October 30, 2000 clarifying that the term "currency", inter alia, includes Credit Cards, ATM Cards and Debit Cards etc. and all the rules, regulations made and directions issued u

Use of Credit Cards AP (DIR Series) Circular No.53 (June 27, 2002)

One Time Settlement of NPAs- Small Loan Accounts
with sanctioned limits upto RS.25,000/-

BP.BC. 53 / 21.04.117 /2001-02December 22, 2001Chairmen and Managing Directors of all public sector banksDear Sir,One Time Settlement of NPAs- Small Loan Accountswith sanctioned limits upto RS.25,000/-The Hon’ble Finance Minister in his meeting with the CMDs of public sector banks held at New Delhi on November 12, 2001, has indicated that a suitable scheme should be evolved by the banks for recovery of dues pertaining to loans outstanding up to Rs.25,000. Accordingly,

BP.BC. 53 / 21.04.117 /2001-02December 22, 2001Chairmen and Managing Directors of all public sector banksDear Sir,One Time Settlement of NPAs- Small Loan Accountswith sanctioned limits upto RS.25,000/-The Hon’ble Finance Minister in his meeting with the CMDs of public sector banks held at New Delhi on November 12, 2001, has indicated that a suitable scheme should be evolved by the banks for recovery of dues pertaining to loans outstanding up to Rs.25,000. Accordingly,

One Time Settlement of NPAs- Small Loan Accounts with sanctioned limits upto RS.25,000/-

Release of Foreign Exchange for visits abroad
- Currency Component
A.P.(DIR Series) Circular No. 11

Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001November 13, 2001A.P.(DIR Series) Circular No. 11A.P.(FL Series) Circular No. 1ToAll Authorised Persons in Foreign ExchangeDear Sirs/Madam Release of Foreign Exchange for visits abroad - Currency ComponentAuthorised dealers as well as Full Fledged Money Changers are permitted to sell foreign exchange in the form of foreign currency notes and coins upto US$ 500 or its equivalent to tr

Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001November 13, 2001A.P.(DIR Series) Circular No. 11A.P.(FL Series) Circular No. 1ToAll Authorised Persons in Foreign ExchangeDear Sirs/Madam Release of Foreign Exchange for visits abroad - Currency ComponentAuthorised dealers as well as Full Fledged Money Changers are permitted to sell foreign exchange in the form of foreign currency notes and coins upto US$ 500 or its equivalent to tr

Release of Foreign Exchange for visits abroad - Currency Component A.P.(DIR Series) Circular No. 11

Stapling of Note Packets - Removal
DBOD No. Dir. BC. 42/13.03.00/2001-02

Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005November 7, 2001Kartika 16, 1923(S)DBOD No. Dir. BC. 42/13.03.00/2001-02In exercise of the powers conferred by Section 35A of the Banking Regulations Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in public interest so to do, hereby directs that hereinafter and with immediate eff

Reserve Bank of IndiaCentral OfficeDepartment of Banking Operations and DevelopmentCentre - 1, World Trade CentreCuffe Parade, Colaba, Mumbai - 400 005November 7, 2001Kartika 16, 1923(S)DBOD No. Dir. BC. 42/13.03.00/2001-02In exercise of the powers conferred by Section 35A of the Banking Regulations Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in public interest so to do, hereby directs that hereinafter and with immediate eff

Stapling of Note Packets - Removal DBOD No. Dir. BC. 42/13.03.00/2001-02