RBI/2007-2008/46 RPCD.NO.SP.BC. 4/09.16.01/2007-08 July 2, 2007 The Chairman / Managing Director, All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Master Circular Priority Sector Lending- Special Programmes Swarna Jayanti Shahari Rozgar Yojana (SJSRY) Reserve Bank of India has, periodically, issued instructions/directives to banks with regard to operationalisation of the Swarna Jayanti Shahari Rozgar Yojana (SJSRY). To enable banks to have current inst

RBI/2007-2008/41 DBOD.No. Dir. BC. 7/13.03.00/2006-07 July 2, 2007 Aashadha 11, 1929(Saka) All Scheduled Commercial Banks (Excluding RRBs) Dear Sir Master Circular on Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident (External) (NRE) AccountsPlease refer to the Master Circular DBOD No. Dir. BC. 6/13.03.00/ 2006-07 dated July 1, 2006 consolidating the instructions/guidelines issued to banks till June 30, 2006 relating to In

RBI/2007-2008/36 RPCD.PLNFS.BC. No. 07 /09.04.01/2007-2008 July 02, 2007 All Indian Scheduled Commercial Banks (excluding RRBs) Dear Sir, Master Circular on Prime Minister’s Rozgar Yojana (PMRY) Reserve Bank of India has, periodically issued instructions/directives to banks with regard to operationalisation of the Prime Minister’s Rozgar Yojana. To enable the banks to have current instructions at one place, a Master Circular incorporating all the existing guidelines/i

RBI/2007-2008/65 RPCD.SP.BC. No 10 /09.01.01/2007-08 July 2, 2007 All Commercial BanksDear Sir, Master Circular on Priority Sector Lending- Special Programmes- Swarnajayanti Gram Swarozgar Yojana (SGSY) Please refer to our Master Circular RBI/2005-06/51; RPCD. No. SP.BC. 13/ 09.01.01 / 2005-06 dated July 12, 2006 on Swarnajayanti Gram Swarozgar Yojana (SGSY). To enable the banks to have current instructions at one place, an up-dated Master Circular incorporating all t

RBI/2007-08/19 Master Circular No. 03 /2007- 08 July 2, 2007To, All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Master Circular on Non-Resident Ordinary Rupee (NRO) Account The acceptance of deposits by an authorised dealer / authorised bank from persons resident outside India are regulated by the provisions of sub-sections (1) and (2) of section 6 of the Foreign Exchange Management Act, 1999 read with FEMA Notification No.5/2000 RB dated May 3, 2000 as

RBI/2007-2008/21 Master Circular No. / 05 /2007-08 July 2, 2007To,All Authorised Dealers in Foreign ExchangeMadam / Sir,Master Circular on Miscellaneous Remittances from India – Facilities for ResidentsMiscellaneous remittance facilities for residents are allowed in terms of section 5 of the Foreign Exchange Management Act, 1999, read with Government of India Notification No.G.S.R 381(E) dated May 3, 2000 as amended from time to time. 2. This Master Circular consolida

RBI/2007-2008/23 Master Circular No. /02 /2007-08 J July 2, 2007 To,All Banks Authorised to Deal in Foreign ExchangeMadam / Sir,Master Circular on External Commercial Borrowings and Trade CreditsExternal Commercial Borrowings and Trade Credits availed of by residents are governed by clause (d) of sub-section 3 of section 6 of the Foreign Exchange Management Act, 1999 read with section 6 of Notification No. FEMA 3 / 2000-RB dated May 3, 2000 as amended from time to tim

RBI/2007-2008/24 Master Circular No. / 08 /2007-08 July 2, 2007 To, All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Master Circular on Import of Goods and Services Import of Goods and Services into India is being allowed in terms of Section 5 of the Foreign Exchange Management Act 1999 (42 of 1999), read with Notification No. GSR 381(E) dated May 3, 2000 as amended from time to time. 2. The circular is organised into five parts as under : Part I: Introdu

RBI/ 2007-2008/30 DBOD No.DIR. (Exp).BC 01 /04.02.02/2007-08 July 2, 2007 Aashadha 11, 1929 (Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sirs, Master Circular on RUPEE / FOREIGN CURRENCY EXPORT CREDIT & CUSTOMER SERVICE TO EXPORTERS As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued three Master Circulars viz.(i)DBOD.DIR(Exp.)No.01/04.02.02/2006-07 dated July 1, 2006 on Rupee

RBI/2007-08/62 Ref. MPD. No. /07.01.279/2006-07 July 2, 2007 Aashadha 11, 1929 (S) The Chairmen/Chief Executives of all Scheduled Banks (excluding RRBs) Dear Sir, Master Circular on Export Credit Refinance Facility We enclose the revised Master Circular on Export Credit Refinance Facility which consolidates and updates all instructions/guidelines issued on the subject upto June 30, 2007. This Master Circular has also been placed on the RBI's website (www.rbi.org.in).

RBI/2007-08/20 Master Circular No. / 04 /2007-08 July 2, 2007 To,All Banks Authorised to Deal in Foreign ExchangeMadam / Sir,Master Circular on Remittance Facilities for Non-Resident Indians /Persons of Indian Origin / Foreign NationalsRemittance facilities for Non-Residents/Persons of Indian Origin/Foreign Nationals are being governed by sub-section (1) and (2) of section 6 of the Foreign Exchange Management Act, 1999 read with FEMA Notification No.13/2000-RB and FEM

RBI/2007-2008/59 DBOD No.DL.BC.12928/20.16.003/2007-08 July 2, 2007 The Chief Executives ofi) All scheduled commercial banks (excluding RRBs and LABs) and ii) All India Notified Financial Institutions Dear Sirs, Master Circular on Wilful Defaulters As you are aware, the Reserve Bank of India has, from time to time, issued a number of circulars to banks and financial institutions (FIs) containing instructions on matters relating to wilful defaulters. In order to enable

RBI/ 2007-08/31 DBOD. No.DIR. (HSG). BC.02 /08.12.01/2007-08July 2, 2007 Aashadha 11, 1929 (Saka)All Scheduled Commercial Banks (excluding RRBs)Dear Sirs,Master Circular on HOUSING FINANCE As you are aware, in order to have all current instructions on a subject at one place, the Reserve Bank of India had issued a Master Circular DBOD.DIR(Exp.)No.04 /08.12.01/2006-07 dated July 1, 2006 on the captioned subject, which is now updated up to 30th June 2007. A copy of the r

RBI/2007-08/34 RPCD. No. Plan. BC. 5 /04.09.01/ 2007-08 July 2, 2007 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)]Dear Sir,MASTER CIRCULAR - LENDING TO PRIORITY SECTORThe Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks on lending to Priority Sector. In order to enable the banks to have current instructions at one place, a Master Cir

RBI/2006-07/ 37 RPCD.PLNFS. BC. No.6/ 06.02.31/ 2007-08July 2, 2007 The Chairman/Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (including Regional Rural Banks/Local Area Banks) Dear Sir,MASTER CIRCULAR - LENDING TO SMALL & MEDIUM ENTERPRISES (SMEs) SECTOR As you are aware, the Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to banks in regard to matters relating to lending to Micro, Sm

RBI/2006-2007/16 RPCD. No. PLFS. BC. 1/05.04.02/ 2007-08July 2, 2007The Chairman/Managing Director/Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)]Dear Sir, MASTER CIRCULAR - GUIDELINES FOR RELIEF MEASURES BY BANKS IN AREAS AFFECTED BY NATURAL CALAMITIESPlease refer to our Master Circular RPCD.No.PLFS.BC.10 /05.04.02/2005-06 dated July 10, 2006 incorporating guidelines issued to banks in regard to matters relating to relief mea

RBI/2007-08/17 Master Circular No.1/2007-08July 2, 2007To,All Banks Authorised to Deal in Foreign ExchangeMadam / Sir,Master Circular on Direct Investment by Residents in Joint Venture (JV)/ Wholly Owned Subsidiary (WOS) abroad Direct investments by residents in Joint Venture (JV) and Wholly Owned Subsidiary (WOS) abroad are being allowed, in terms of clause (a) of sub-section (3) of section 6 of the Foreign Exchange Management Act 1999, (42 of 1999) read with Notific

RBI/2007-2008/66 DGBA.GAD.No. H-19 /42.01.034/2007-08July 2, 2007To all Agency BanksDear Sir,Master Circular – Collection of Direct Taxes- OLTASPlease refer to our master circular RBI/2006/76 dated July 19, 2006 on the above subject which was issued with a view to facilitating quick reference to all the extant instructions issued on the subject at one place. We have now updated the master circular incorporating important instructions issued by us till June 29, 2007. A

RBI/2007-2008/64 DGBA.GAD. No. H.09 / 31.05.001/ 2007-08 July 2, 2007 All Agency Banks Dear Sir, Master Circular- Disbursement of Pension by Agency Banks Reserve Bank of India has been issuing various instructions relating to Payment of Government pension by Agency banks. These instructions were conveyed in our master circular RBI/ 2006/ 78 (DGBA. GAD. No. 1059/ 31.05.001/ 2006-07 dated July 19, 2006. We now enclose an updated master circular incorporating important i

RBI/2007-2008/71 UBD.PCB. MC. No. 5 /09.22.010/2007-08 July 2, 2007 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam, Master Circular on Finance For Housing Schemes-UCBs Please refer to our Master Circular UBD.BPD.(PCB). MC. No. 6 /09.22.010/2006-07 July 7, 2006 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates all the instructions/guidelines on the subject up