Notifications - Foreign Exchange Management - RBI - Reserve Bank of India
Notifications
Feb 13, 2002
Two-way fungibility of ADRs/GDRs
A.P. (DIR Series) Circular No.21
A.P. (DIR Series) Circular No.21
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001February 13, 2002A.P. (DIR Series) Circular No.21ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Two-way fungibility of ADRs/GDRs Authorised Dealers are aware that in terms of Regulation 4A of RBI Notification FEMA 20/2000-RB dated May 3, 2000 as amended by Notification No. FEMA 41/2001-RB dated March 2, 2001 (copy enclosed), a registered broker may purchase shares of an Indian com
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001February 13, 2002A.P. (DIR Series) Circular No.21ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Two-way fungibility of ADRs/GDRs Authorised Dealers are aware that in terms of Regulation 4A of RBI Notification FEMA 20/2000-RB dated May 3, 2000 as amended by Notification No. FEMA 41/2001-RB dated March 2, 2001 (copy enclosed), a registered broker may purchase shares of an Indian com
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Jan 28, 2002
Export of goods & services -
Extension of period of realisation
A.P.(DIR Series) Circular No.20 (January 28, 2002)
Extension of period of realisation
A.P.(DIR Series) Circular No.20 (January 28, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.20January 28, 2002To, All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Export of goods & services –Extension of period of realisation Attention of all Authorised Dealers is invited to paragraph C.15 of A.P.(DIR Series) Circular No. 12 dated September 9, 2000, in terms of which cases where an exporter has not been able to realise proceeds of shipment wi
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P.(DIR Series) Circular No.20January 28, 2002To, All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Export of goods & services –Extension of period of realisation Attention of all Authorised Dealers is invited to paragraph C.15 of A.P.(DIR Series) Circular No. 12 dated September 9, 2000, in terms of which cases where an exporter has not been able to realise proceeds of shipment wi
Jan 24, 2002
Risk Management and Inter-Bank Dealings
A.P.(DIR Series) Circular No.19 (January 24, 2002)
A.P.(DIR Series) Circular No.19 (January 24, 2002)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001@@NBSP@@A.P.(DIR Series) Circular No.19January 24, 2002To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Risk Management and Inter-Bank Dealings Attention of authorised dealers is invited to the Reserve Bank Notification No.FEMA/25/2000-RB dated May 3, 2000. 2. Directions relating to forward exchange cover and other derivative products, Rupee Accounts of non-resident banks and inter-
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001@@NBSP@@A.P.(DIR Series) Circular No.19January 24, 2002To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Risk Management and Inter-Bank Dealings Attention of authorised dealers is invited to the Reserve Bank Notification No.FEMA/25/2000-RB dated May 3, 2000. 2. Directions relating to forward exchange cover and other derivative products, Rupee Accounts of non-resident banks and inter-
Jan 10, 2002
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2002
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001 Notification No.FEMA. 49 /2002-RBdated January 19, 2002Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2002 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), (42 of 1999), and in partial modification of its Notification No.FEMA.19/
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001 Notification No.FEMA. 49 /2002-RBdated January 19, 2002Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2002 In exercise of the powers conferred by clause (a) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), (42 of 1999), and in partial modification of its Notification No.FEMA.19/
Jan 01, 2002
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2002
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001Notification No.FEMA. 48 /2002-RBdated January 1, 2002Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (a) 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.19/RB-2000, dated May 3, 20
RESERVE BANK OF INDIA(EXCHANGE CONTROL DEPARTMENT)CENTRAL OFFICEMUMBAI 400 001Notification No.FEMA. 48 /2002-RBdated January 1, 2002Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2002 In exercise of the powers conferred by clause (a) 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.19/RB-2000, dated May 3, 20
Dec 18, 2001
Issue of Licence for Holding Foreign Securities
A.P.(DIR Series) Circular No.18 (December 18, 2001)
A.P.(DIR Series) Circular No.18 (December 18, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.18December 18, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamIssue of Licence for Holding Foreign SecuritiesUnder Section 19 of the Foreign Exchange Regulation Act, 1973, persons resident in India were required to obtain holding licence for acquisition of foreign securities. However, under the Foreign Exchange Management Act, 1999, there is no ob
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.18December 18, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamIssue of Licence for Holding Foreign SecuritiesUnder Section 19 of the Foreign Exchange Regulation Act, 1973, persons resident in India were required to obtain holding licence for acquisition of foreign securities. However, under the Foreign Exchange Management Act, 1999, there is no ob
Dec 15, 2001
Submission of Returns
A.P.(DIR Series) Circular No.17 (December 15, 2001)
A.P.(DIR Series) Circular No.17 (December 15, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.17December 15, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamSubmission of ReturnsAuthorised Dealers are aware that with the introduction of Foreign Exchange Management Act (FEMA), 1999, certain returns prescribed under Foreign Exchange Regulation Act (FERA), 1973 are no longer relevant. We have reviewed the position and advise as under :1. Annua
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.17December 15, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamSubmission of ReturnsAuthorised Dealers are aware that with the introduction of Foreign Exchange Management Act (FEMA), 1999, certain returns prescribed under Foreign Exchange Regulation Act (FERA), 1973 are no longer relevant. We have reviewed the position and advise as under :1. Annua
Dec 15, 2001
Permission for Purchase/ Acquisition of
Foreign Securities - Clarification
A.P. (DIR Series) Circular No.16 (December 15 , 2001)
Foreign Securities - Clarification
A.P. (DIR Series) Circular No.16 (December 15 , 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPATMENTCENTRAL OFFICEMUMBAI – 400 001A.P. (DIR Series) Circular No.16December 15 , 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Permission for Purchase/ Acquisition ofForeign Securities - ClarificationAttention of authorised dealers is invited to item (e) of paragraph 2 of the AP (DIR Series) circular No. 32 dated April 28,2001. In terms of Regulations 19 of the Reserve Bank Notification No. FEMA.19/2000-RB da
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPATMENTCENTRAL OFFICEMUMBAI – 400 001A.P. (DIR Series) Circular No.16December 15 , 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Permission for Purchase/ Acquisition ofForeign Securities - ClarificationAttention of authorised dealers is invited to item (e) of paragraph 2 of the AP (DIR Series) circular No. 32 dated April 28,2001. In terms of Regulations 19 of the Reserve Bank Notification No. FEMA.19/2000-RB da
Dec 08, 2001
Exim Bank’s Line of Credit of US$ 10 million to Corporacion Andina De Fomento (CAF) (Andean Development Corporation)
A.P.(DIR Series) Circular No.15
A.P.(DIR Series) Circular No.15
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001December 8, 2001A.P.(DIR Series) Circular No.15ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamExim Bank’s Line of Credit of US$ 10 million toCorporacion Andina De Fomento (CAF)(Andean Development Corporation)Export Import Bank of India (Exim Bank) has concluded an agreement with the Corporacion Andina De Fomento (CAF) on July 19, 2001, making available to the latter, a line of cred
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001December 8, 2001A.P.(DIR Series) Circular No.15ToAll Authorised Dealers in Foreign ExchangeDear Sirs/MadamExim Bank’s Line of Credit of US$ 10 million toCorporacion Andina De Fomento (CAF)(Andean Development Corporation)Export Import Bank of India (Exim Bank) has concluded an agreement with the Corporacion Andina De Fomento (CAF) on July 19, 2001, making available to the latter, a line of cred
Dec 05, 2001
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.14
A.P.(DIR Series) Circular No.14
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001December 5, 2001A.P.(DIR Series) Circular No.14ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Deferred Payments Protocols dated 30th April, 1981 and23rd December, 1985 between the Government of Indiaand erstwhile USSRAttention of authorised dealers is invited to AP (DIR Series) Circular No.7 dated 1st October 2001 wherein the rupee value of the special currency basket effective fro
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400001December 5, 2001A.P.(DIR Series) Circular No.14ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Deferred Payments Protocols dated 30th April, 1981 and23rd December, 1985 between the Government of Indiaand erstwhile USSRAttention of authorised dealers is invited to AP (DIR Series) Circular No.7 dated 1st October 2001 wherein the rupee value of the special currency basket effective fro
Dec 05, 2001
Notification No.FEMA47/2001-RB (December 5, 2001)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 Notification No.FEMA47/2001-RB Dated December 5, 2001 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 notification of its Notification No.FEMA.10/2000-RB dated 3rd May, 2000, Reserve Bank of India makes the following amendments in the Foreign Exchange Man
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 Notification No.FEMA47/2001-RB Dated December 5, 2001 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 notification of its Notification No.FEMA.10/2000-RB dated 3rd May, 2000, Reserve Bank of India makes the following amendments in the Foreign Exchange Man
Nov 29, 2001
Purchase/sale of shares and /or convertible debentures by
Overseas Corporate Bodies (OCBs) on a Stock Exchange
in India under the Portfolio Investment Scheme (PIS)
A.P. (DIR Series) Circular No.13 (November 29, 2001)
Overseas Corporate Bodies (OCBs) on a Stock Exchange
in India under the Portfolio Investment Scheme (PIS)
A.P. (DIR Series) Circular No.13 (November 29, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.13 November 29, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs / Madam,Purchase/sale of shares and /or convertible debentures by Overseas Corporate Bodies (OCBs) on a Stock Exchange in India under the Portfolio Investment Scheme (PIS) Authorised Dealers are aware that in terms of Schedule 3 to Foreign Exchange Management (Transfer or Issue of Security
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001A.P. (DIR Series) Circular No.13 November 29, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs / Madam,Purchase/sale of shares and /or convertible debentures by Overseas Corporate Bodies (OCBs) on a Stock Exchange in India under the Portfolio Investment Scheme (PIS) Authorised Dealers are aware that in terms of Schedule 3 to Foreign Exchange Management (Transfer or Issue of Security
Nov 29, 2001
Notification No. FEMA. 46 /2001-RB (November 29, 2001)
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI – 400 001 Notification No.FEMA/46/2001-RB Dated November 29, 2001. Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2001 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.F
RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI – 400 001 Notification No.FEMA/46/2001-RB Dated November 29, 2001. Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2001 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.F
Nov 23, 2001
Release of Foreign Exchange for private
visit abroad - Endorsement on Passport
A.P.(DIR Series) Circular No.12 (November 23, 2001)
visit abroad - Endorsement on Passport
A.P.(DIR Series) Circular No.12 (November 23, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001November 23, 2001A.P.(DIR Series) Circular No.12A.P.(F.L. Series) Circular No.2ToAll Authorised Persons in Foreign ExchangeDear Sirs/Madam,Release of Foreign Exchange for privatevisit abroad - Endorsement on Passport In terms A.P.(DIR Series) Circular No.20/A.P.(F.L. Series) Circular No.2 dated November 16, 2000, authorised persons are required to invariably endorse on the traveller's passport
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001November 23, 2001A.P.(DIR Series) Circular No.12A.P.(F.L. Series) Circular No.2ToAll Authorised Persons in Foreign ExchangeDear Sirs/Madam,Release of Foreign Exchange for privatevisit abroad - Endorsement on Passport In terms A.P.(DIR Series) Circular No.20/A.P.(F.L. Series) Circular No.2 dated November 16, 2000, authorised persons are required to invariably endorse on the traveller's passport
Nov 13, 2001
Release of Foreign Exchange for visits abroad
- Currency Component
A.P.(DIR Series) Circular No. 11
- 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
Nov 01, 2001
Asian Clearing Union (ACU) Mechanism - Exports to Nepal
A.P. (DIR Series) Circular No. 10 (November 1, 2001)
A.P. (DIR Series) Circular No. 10 (November 1, 2001)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No. 10November 1, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs, /Madam,Asian Clearing Union (ACU) Mechanism – Exports to NepalAs authorised dealers are aware, in terms of the Reserve Bank Notifications No.FEMA 14/RB-2000 and FEMA 17/RB-2000 dated May 3, 2000, all trade transactions between a person resident in India and a person resident in Nepal may be
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No. 10November 1, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs, /Madam,Asian Clearing Union (ACU) Mechanism – Exports to NepalAs authorised dealers are aware, in terms of the Reserve Bank Notifications No.FEMA 14/RB-2000 and FEMA 17/RB-2000 dated May 3, 2000, all trade transactions between a person resident in India and a person resident in Nepal may be
Oct 25, 2001
Export of Goods and Services - Certification of SOFTEX Forms
A.P.(DIR Series) Circular No.9 (October 25, 2001)
A.P.(DIR Series) Circular No.9 (October 25, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001.A.P.(DIR Series) Circular No.9October 25, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Export of Goods and Services - Certification of SOFTEX Forms Attention of Authorised Dealers is invited to Regulation 6 of the Reserve Bank Notification No.FEMA 23/2000-RB dated May 3, 2000, as amended by the Notification No.FEMA 36/2001-RB dated February 2, 2001, in terms of which design
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001.A.P.(DIR Series) Circular No.9October 25, 2001ToAll Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Export of Goods and Services - Certification of SOFTEX Forms Attention of Authorised Dealers is invited to Regulation 6 of the Reserve Bank Notification No.FEMA 23/2000-RB dated May 3, 2000, as amended by the Notification No.FEMA 36/2001-RB dated February 2, 2001, in terms of which design
Oct 13, 2001
Settlement of insurance claims in foreign currency
A.P.(DIR Series) Circular No.8 (October 13, 2001)
A.P.(DIR Series) Circular No.8 (October 13, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.8October 13, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Settlement of insurance claims in foreign currency In terms of paragraph B.3 of GIM requests for issue of general insurance policies in foreign currency other than those covered by the provisions of GIM are required to be referred to RBI. Approvals are granted by RBI on merits of the ca
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001A.P.(DIR Series) Circular No.8October 13, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Settlement of insurance claims in foreign currency In terms of paragraph B.3 of GIM requests for issue of general insurance policies in foreign currency other than those covered by the provisions of GIM are required to be referred to RBI. Approvals are granted by RBI on merits of the ca
Oct 01, 2001
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. 7 (October 1, 2001)
and 23rd December, 1985 between the
Government of India and erstwhile USSR
A.P. (DIR Series) Circular No. 7 (October 1, 2001)
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001@@NBSP@@A.P. (DIR Series) Circular No. 7October 1, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Deferred Payments Protocols dated 30th April, 1981 and23rd December, 1985 between the Government of Indiaand erstwhile USSR Attention of authorised dealers is invited to AP (DIR Series) Circular No. 2 dated 17th June 2000 wherein the rupee value of the special currency basket eff
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001@@NBSP@@A.P. (DIR Series) Circular No. 7October 1, 2001To All Authorised Dealers in Foreign ExchangeDear Sirs/Madam,Deferred Payments Protocols dated 30th April, 1981 and23rd December, 1985 between the Government of Indiaand erstwhile USSR Attention of authorised dealers is invited to AP (DIR Series) Circular No. 2 dated 17th June 2000 wherein the rupee value of the special currency basket eff
Sep 20, 2001
Notification No. FEMA. 45 /2001-RB (September 20, 2001)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001Notification No. FEMA. 45 /2001-RB dated September 20, 2001 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 amendments in the Foreign Exchange Management (
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001Notification No. FEMA. 45 /2001-RB dated September 20, 2001 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 amendments in the Foreign Exchange Management (
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