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Aug 17, 2005
Foreign Direct Investment (FDI) in Construction Development Sector
RBI/2005/127 A.P. (DIR Series) Circular No. 07 August 17, 2005 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Foreign Direct Investment (FDI) in Construction Development Sector Attention of Authorised Dealer (AD) banks is invited to Schedule I of Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. 2. With a view to catalyzing FDI in townships, housing, built-up infrastructure and construction development projects, Governm
RBI/2005/127 A.P. (DIR Series) Circular No. 07 August 17, 2005 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Foreign Direct Investment (FDI) in Construction Development Sector Attention of Authorised Dealer (AD) banks is invited to Schedule I of Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. 2. With a view to catalyzing FDI in townships, housing, built-up infrastructure and construction development projects, Governm
Aug 11, 2005
Foreign Investment in Print media sector
RBI/2005/118 A.P. (DIR Series) Circular No. 06 August 11, 2005 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Foreign Investment in Print media sector Attention of the Authorised Dealer (AD) banks is invited to Regulation 5 (2), 5 (3) (i), (ii) and 5 (5) of Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time, which prohibits investment in the shares or convertible debentures of an Indian company engaged in print media sect
RBI/2005/118 A.P. (DIR Series) Circular No. 06 August 11, 2005 To, All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Foreign Investment in Print media sector Attention of the Authorised Dealer (AD) banks is invited to Regulation 5 (2), 5 (3) (i), (ii) and 5 (5) of Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time, which prohibits investment in the shares or convertible debentures of an Indian company engaged in print media sect
Aug 11, 2005
Foreign Exchange Management (Transfer or issue of any Foreign Security) (Third Amendment) Regulations, 2005
Reserve Bank of India Foreign Exchange Department Central Office Mumbai-400 001 Notification No.FEMA.139/2005-RB Dated August 11, 2005 Foreign Exchange Management (Transfer or issue of any Foreign Security) (Third Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Sub-Section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) the Reserve Bank of India hereby makes the following am
Reserve Bank of India Foreign Exchange Department Central Office Mumbai-400 001 Notification No.FEMA.139/2005-RB Dated August 11, 2005 Foreign Exchange Management (Transfer or issue of any Foreign Security) (Third Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Sub-Section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) the Reserve Bank of India hereby makes the following am
Aug 01, 2005
External Commercial Borrowings (ECB)
RBI/2005-06/87A.P. (DIR Series) Circular No. 5 August 1, 2005ToAll banks authorised to deal in foreign exchangeMadam/Sirs, External Commercial Borrowings (ECB) Attention of Authorised Dealers is invited to the A.P. (DIR Series) Circular No.40 dated April 25, 2005 and A.P. (DIR Series) Circular No.60 dated January 31, 2004 in connection with External Commercial Borrowings (ECB). A review of the ECB guidelines has been undertaken keeping in view the current macroeconomi
RBI/2005-06/87A.P. (DIR Series) Circular No. 5 August 1, 2005ToAll banks authorised to deal in foreign exchangeMadam/Sirs, External Commercial Borrowings (ECB) Attention of Authorised Dealers is invited to the A.P. (DIR Series) Circular No.40 dated April 25, 2005 and A.P. (DIR Series) Circular No.60 dated January 31, 2004 in connection with External Commercial Borrowings (ECB). A review of the ECB guidelines has been undertaken keeping in view the current macroeconomi
Jul 29, 2005
Foreign Direct Investment in Petroleum Sector and Air Transport Services
RBI/2005-06/83 AP (DIR Series) Circular No. 04 July 29, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Foreign Direct Investment in Petroleum Sector and Air Transport Services Attention of Authorised Dealer (AD) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20 /2000 - RB dated May 3, 2000, as amended from time to time. 2
RBI/2005-06/83 AP (DIR Series) Circular No. 04 July 29, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Foreign Direct Investment in Petroleum Sector and Air Transport Services Attention of Authorised Dealer (AD) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20 /2000 - RB dated May 3, 2000, as amended from time to time. 2
Jul 23, 2005
Risk Management and Inter- bank Dealings - Commodity Hedging
RBI/2005-06/75 A.P. (DIR Series) Circular No. 03 July 23, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Risk Management and Inter- bank Dealings - Commodity Hedging Attention of Authorised Dealer (AD) banks is invited to paragraph 6 of Notification No. FEMA25/RB-2000 dated May 3, 2000, as amended from time to time. At present, Reserve Bank, on case by case basis, permits residents in India to enter into contracts in commodity exchanges or marke
RBI/2005-06/75 A.P. (DIR Series) Circular No. 03 July 23, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Risk Management and Inter- bank Dealings - Commodity Hedging Attention of Authorised Dealer (AD) banks is invited to paragraph 6 of Notification No. FEMA25/RB-2000 dated May 3, 2000, as amended from time to time. At present, Reserve Bank, on case by case basis, permits residents in India to enter into contracts in commodity exchanges or marke
Jul 22, 2005
Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) ( Fourth Amendment) Regulations, 2005
Reserve Bank of India Foreign Exchange Department Central Office Mumbai- 400 001 Notification No. FEMA. 137/2005- RB Dated 22 July, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) ( Fourth Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the fol
Reserve Bank of India Foreign Exchange Department Central Office Mumbai- 400 001 Notification No. FEMA. 137/2005- RB Dated 22 July, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) ( Fourth Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the fol
Jul 19, 2005
Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) (Third Amendment) Regulations, 2005
Notification No.FEMA. 136 /2005-RB dated July 19, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) (Third Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) of sub-section(3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA.20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following
Notification No.FEMA. 136 /2005-RB dated July 19, 2005 Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) (Third Amendment) Regulations, 2005 In exercise of the powers conferred by clause (b) of sub-section(3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA.20/2000-RB dated 3rd May 2000, the Reserve Bank of India makes the following
Jul 18, 2005
Exim Bank's Line of Credit of USD 2 Million to Trade and Investment Development Corporation of the Philippines - TIDCORP (also known as Philippine Export-Import Credit Agency - PhilEXIM
RBI/2005-06/66 A.P.(DIR Series) Circular No. 02 July 18, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Exim Bank's Line of Credit of USD 2 Million to Trade and Investment Development Corporation of the Philippines - TIDCORP (also known as Philippine Export-Import Credit Agency – PhilEXIM) The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Trade and Investment Development Corporation of the Philippines (TIDCORP) on Mar
RBI/2005-06/66 A.P.(DIR Series) Circular No. 02 July 18, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Exim Bank's Line of Credit of USD 2 Million to Trade and Investment Development Corporation of the Philippines - TIDCORP (also known as Philippine Export-Import Credit Agency – PhilEXIM) The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Trade and Investment Development Corporation of the Philippines (TIDCORP) on Mar
Jul 12, 2005
Import of Goods of Value USD 100,000 and Less -Clarification on Follow up for Evidence of Import
RBI/2005 – 06/49 A. P. (DIR Series) Circular No. 01 July 12, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Import of Goods of Value USD 100,000 and Less -Clarification on Follow up for Evidence of Import Attention of Authorised Dealer (AD) banks is invited to para A.10.1 of the Annexure to A. P. (DIR Series) Circular No 106 dated June 19, 2003 in terms of which it is obligatory on the part of ADs to follow up with the importers for submission of
RBI/2005 – 06/49 A. P. (DIR Series) Circular No. 01 July 12, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sir, Import of Goods of Value USD 100,000 and Less -Clarification on Follow up for Evidence of Import Attention of Authorised Dealer (AD) banks is invited to para A.10.1 of the Annexure to A. P. (DIR Series) Circular No 106 dated June 19, 2003 in terms of which it is obligatory on the part of ADs to follow up with the importers for submission of
Jun 23, 2005
Booking and Cancellation of Forward Contracts
RBI/2004-05/500 A.P. (DIR Series) Circular No. 47 June 23, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Booking and Cancellation of Forward Contracts Attention of authorised dealer (AD) banks is invited to A.P. (DIR Series) Circular No.63 dated December 21, 2002 in terms of which all forward contracts booked by residents in respect of their foreign currency exposures falling due within one year are permitted to be cancelled and rebooked freely
RBI/2004-05/500 A.P. (DIR Series) Circular No. 47 June 23, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sir, Booking and Cancellation of Forward Contracts Attention of authorised dealer (AD) banks is invited to A.P. (DIR Series) Circular No.63 dated December 21, 2002 in terms of which all forward contracts booked by residents in respect of their foreign currency exposures falling due within one year are permitted to be cancelled and rebooked freely
Jun 14, 2005
Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India
RBI/2004-05/492 A.P. (DIR Series) Circular No. 46 June 14, 2005 To All banks authorised to deal in Foreign Exchange Madam/Sirs, Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India Reserve Bank of India has, vide its Notification No. FEMA 15/2000-RB dated 3rd May 2000, notified debit cards, ATM cards or any other instrument that can be used to create a financial liability, as 'currency'. It was
RBI/2004-05/492 A.P. (DIR Series) Circular No. 46 June 14, 2005 To All banks authorised to deal in Foreign Exchange Madam/Sirs, Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India Reserve Bank of India has, vide its Notification No. FEMA 15/2000-RB dated 3rd May 2000, notified debit cards, ATM cards or any other instrument that can be used to create a financial liability, as 'currency'. It was
Jun 08, 2005
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR
RBI/2004 - 05/ 487 A.P. (DIR Series) Circular No. 45 June 08, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No. 33 dated February 09, 2005 wherein the rupee value of the special currency basket was indicated as Rs. 58.6940 effective from Janua
RBI/2004 - 05/ 487 A.P. (DIR Series) Circular No. 45 June 08, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealer (AD) banks is invited to A.P. (DIR Series) Circular No. 33 dated February 09, 2005 wherein the rupee value of the special currency basket was indicated as Rs. 58.6940 effective from Janua
May 17, 2005
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2005
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI-400 001 Notification No. FEMA 135/2005-RB dated : May 17, 2005 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of Sub-section (3) of Section 6 and Sub-section (2) of Section 47 of the Foreign Exchange Management Act 1999, (42 of 1999) and in partial modification of its Notification No.F
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI-400 001 Notification No. FEMA 135/2005-RB dated : May 17, 2005 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2005 In exercise of the powers conferred by clause (a) of Sub-section (3) of Section 6 and Sub-section (2) of Section 47 of the Foreign Exchange Management Act 1999, (42 of 1999) and in partial modification of its Notification No.F
May 12, 2005
Overseas Investment: Liberalisation
RBI/2005/463 A.P.(DIR Series) Circular No. 42 May 12, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sirs, Overseas Investment: Liberalisation Attention of authorised dealer (AD) banks is invited to Regulation 6 of the Notification No.FEMA.120/RB-2004 dated July 7, 2004 in terms of which an Indian entity is permitted to invest upto 100 per cent of their net worth in overseas Joint Ventures and/or Wholly Owned Subsidiaries (JV/WOS) in any bonafide busin
RBI/2005/463 A.P.(DIR Series) Circular No. 42 May 12, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam/Sirs, Overseas Investment: Liberalisation Attention of authorised dealer (AD) banks is invited to Regulation 6 of the Notification No.FEMA.120/RB-2004 dated July 7, 2004 in terms of which an Indian entity is permitted to invest upto 100 per cent of their net worth in overseas Joint Ventures and/or Wholly Owned Subsidiaries (JV/WOS) in any bonafide busin
May 07, 2005
Foreign Exchange Management (Establishment in India of Branch or Office or Other Place of Business) (Amendment) Regulations, 2005
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI - 400 001 Notification No.FEMA 134/2005-RB Dated : May 07,2005 Foreign Exchange Management (Establishment in India of Branch or Office or Other Place of Business) (Amendment) Regulations, 2005 In exercise of the powers conferred by sub section (6) of Section 6 of the Foreign Exchange Management Act, 1999, and in partial modification of its Notification No. 22/2000-RB dated 3rd May, 2000 the Rese
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI - 400 001 Notification No.FEMA 134/2005-RB Dated : May 07,2005 Foreign Exchange Management (Establishment in India of Branch or Office or Other Place of Business) (Amendment) Regulations, 2005 In exercise of the powers conferred by sub section (6) of Section 6 of the Foreign Exchange Management Act, 1999, and in partial modification of its Notification No. 22/2000-RB dated 3rd May, 2000 the Rese
Apr 30, 2005
Exim Bank's Line of Credit of USD 5 million to Eastern and Southern African Trade and Development Bank (PTA Bank)
RBI/2004-05/447 A.P.(DIR Series) Circular No. 41 April 30 , 2005 To All Banks authorised to deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 5 million to Eastern and Southern African Trade and Development Bank (PTA Bank) The Export-Import Bank of India (Exim Bank) has concluded an agreement with Eastern and Southern African Trade and Development Bank (PTA Bank) on March 3, 2005 making available to the latter a short term Line of Credit (LOC) up
RBI/2004-05/447 A.P.(DIR Series) Circular No. 41 April 30 , 2005 To All Banks authorised to deal in Foreign Exchange Madam / Sirs, Exim Bank's Line of Credit of USD 5 million to Eastern and Southern African Trade and Development Bank (PTA Bank) The Export-Import Bank of India (Exim Bank) has concluded an agreement with Eastern and Southern African Trade and Development Bank (PTA Bank) on March 3, 2005 making available to the latter a short term Line of Credit (LOC) up
Apr 25, 2005
External Commercial Borrowings (ECB) for Non-Government Organisations (NGOs) engaged in micro finance activities under Automatic Route
RBI/2004-05/434 A.P.(DIR Series) Circular No. 40 April 25, 2005 To All banks authorised to deal in foreign exchange Madam/Sirs, External Commercial Borrowings (ECB) for Non-Government Organisations (NGOs) engaged in micro finance activities under Automatic Route Attention of Authorised Dealers is invited to the announcement in the Union Budget for 2005-06 regarding access to ECB by qualified NGOs engaged in micro finance activities. 2. Accordingly, it has been decided
RBI/2004-05/434 A.P.(DIR Series) Circular No. 40 April 25, 2005 To All banks authorised to deal in foreign exchange Madam/Sirs, External Commercial Borrowings (ECB) for Non-Government Organisations (NGOs) engaged in micro finance activities under Automatic Route Attention of Authorised Dealers is invited to the announcement in the Union Budget for 2005-06 regarding access to ECB by qualified NGOs engaged in micro finance activities. 2. Accordingly, it has been decided
Apr 25, 2005
Establishment of Liaison Offices in India by foreign Insurance companies
RBI/2004-05/433 A.P. (DIR Series) Circular No. 39 April 25, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Establishment of Liaison Offices in India by foreign Insurance companies Attention of Authorised Dealer Banks is invited to Regulation 3 of Notification No. FEMA22/2000-RB dated May 3, 2000 as amended from time to time, in terms of which a person resident outside India is required to obtain prior approval of the Reserve Bank of India for e
RBI/2004-05/433 A.P. (DIR Series) Circular No. 39 April 25, 2005 To All Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Establishment of Liaison Offices in India by foreign Insurance companies Attention of Authorised Dealer Banks is invited to Regulation 3 of Notification No. FEMA22/2000-RB dated May 3, 2000 as amended from time to time, in terms of which a person resident outside India is required to obtain prior approval of the Reserve Bank of India for e
Apr 01, 2005
Foreign Exchange Management (Deposit) (Amendment) Regulations, 2005
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.133/2005-RB dated April 1, 2005 Foreign Exchange Management (Deposit) (Amendment) Regulations, 2005 In exercise of the 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) and in partial modification of its Notification No. FEMA 5/2000-RB dated May 3, 2000, as amended f
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.133/2005-RB dated April 1, 2005 Foreign Exchange Management (Deposit) (Amendment) Regulations, 2005 In exercise of the 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) and in partial modification of its Notification No. FEMA 5/2000-RB dated May 3, 2000, as amended f

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