Notifications - Foreign Exchange Management - RBI - Reserve Bank of India
Notifications
Mar 02, 2017
Exim Bank's Government of India supported Line of Credit of USD 15 million to the Government of the Republic of Kenya
RBI/2016-17/238 A.P. (DIR Series) Circular No. 33 March 02, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 15 million to the Government of the Republic of Kenya Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 11, 2016 with the Government of the Republic of Kenya for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 1
RBI/2016-17/238 A.P. (DIR Series) Circular No. 33 March 02, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 15 million to the Government of the Republic of Kenya Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 11, 2016 with the Government of the Republic of Kenya for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 1
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Mar 02, 2017
Exim Bank's Government of India supported Line of Credit of USD 23.50 million to the Government of the Republic of Malawi
RBI/2016-17/239 A.P. (DIR Series) Circular No. 34 March 02, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 23.50 million to the Government of the Republic of Malawi Export-Import Bank of India (Exim Bank) has entered into an agreement dated August 05, 2016 with the Government of the Republic of Malawi for making available to the latter, a Government of India supported Line of Credit (LOC) o
RBI/2016-17/239 A.P. (DIR Series) Circular No. 34 March 02, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 23.50 million to the Government of the Republic of Malawi Export-Import Bank of India (Exim Bank) has entered into an agreement dated August 05, 2016 with the Government of the Republic of Malawi for making available to the latter, a Government of India supported Line of Credit (LOC) o
Mar 02, 2017
Exim Bank's Government of India supported Line of Credit of USD 26 million to the Government of the Republic of Senegal
RBI/2016-17/240 A.P. (DIR Series) Circular No. 35 March 02, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 26 million to the Government of the Republic of Senegal Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 15, 2016 with the Government of the Republic of Senegal for making available to the latter, a Government of India supported Line of Credit (LOC) of U
RBI/2016-17/240 A.P. (DIR Series) Circular No. 35 March 02, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 26 million to the Government of the Republic of Senegal Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 15, 2016 with the Government of the Republic of Senegal for making available to the latter, a Government of India supported Line of Credit (LOC) of U
Mar 02, 2017
Exim Bank's Government of India supported Line of Credit of USD 78 million to the Government of the Republic of Sierra Leone
RBI/2016-17/241 A.P. (DIR Series) Circular No. 36 March 02, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 78 million to the Government of the Republic of Sierra Leone Export-Import Bank of India (Exim Bank) has entered into an agreement dated August 11, 2016 with the Government of the Republic of Sierra Leone for making available to the latter, a Government of India supported Line of Credi
RBI/2016-17/241 A.P. (DIR Series) Circular No. 36 March 02, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 78 million to the Government of the Republic of Sierra Leone Export-Import Bank of India (Exim Bank) has entered into an agreement dated August 11, 2016 with the Government of the Republic of Sierra Leone for making available to the latter, a Government of India supported Line of Credi
Feb 16, 2017
Issuance of Rupee denominated bonds overseas - Multilateral and Regional Financial Institutions as Investors
RBI/2016-17/233 A. P. (DIR Series) Circular No.31 February 16, 2017 To All Authorised Dealer Category – I Banks Madam/Sir Issuance of Rupee denominated bonds overseas – Multilateral and Regional Financial Institutions as Investors Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to paragraph No. 4 of A. P. (DIR Series) Circular No. 60 dated April 13, 2016 and paragraph No. 3.3.3 of Master Direction No.5 dated January 1, 2016 on ‘External Comm
RBI/2016-17/233 A. P. (DIR Series) Circular No.31 February 16, 2017 To All Authorised Dealer Category – I Banks Madam/Sir Issuance of Rupee denominated bonds overseas – Multilateral and Regional Financial Institutions as Investors Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to paragraph No. 4 of A. P. (DIR Series) Circular No. 60 dated April 13, 2016 and paragraph No. 3.3.3 of Master Direction No.5 dated January 1, 2016 on ‘External Comm
Feb 02, 2017
Risk Management and Inter-bank Dealings: Permitting Non Resident Indians (NRIs) access to Exchange Traded Currency Derivatives (ETCD) market
RBI/2016-17/221 A.P. (DIR Series) Circular No. 30 February 2, 2017 To All Category – I Authorised Dealer Banks Madam / Sir, Risk Management and Inter-bank Dealings: Permitting Non Resident Indians (NRIs) access to Exchange Traded Currency Derivatives (ETCD) market Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No
RBI/2016-17/221 A.P. (DIR Series) Circular No. 30 February 2, 2017 To All Category – I Authorised Dealer Banks Madam / Sir, Risk Management and Inter-bank Dealings: Permitting Non Resident Indians (NRIs) access to Exchange Traded Currency Derivatives (ETCD) market Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No
Feb 02, 2017
Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (Compounding Proceedings) Rules, 2000 (the Rules) - Compounding of Contraventions under FEMA, 1999
RBI/2016-17/220 A.P. (DIR Series) Circular No. 29 February 02, 2017 To All Category- I Authorised Dealer Banks Madam / Sir, Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (Compounding Proceedings) Rules, 2000 (the Rules) - Compounding of Contraventions under FEMA, 1999 Attention of all the Authorised Dealer Category - I (AD Category - I) banks and their constituents is invited to A.P. (DIR Series) Circular No. 117 and 36 dated April 4, 2014 and October
RBI/2016-17/220 A.P. (DIR Series) Circular No. 29 February 02, 2017 To All Category- I Authorised Dealer Banks Madam / Sir, Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (Compounding Proceedings) Rules, 2000 (the Rules) - Compounding of Contraventions under FEMA, 1999 Attention of all the Authorised Dealer Category - I (AD Category - I) banks and their constituents is invited to A.P. (DIR Series) Circular No. 117 and 36 dated April 4, 2014 and October
Jan 25, 2017
Prohibition on Indian Party from making direct investment in countries identified by the Financial Action Task Force (FATF) as “Non Co-operative countries and territories”
RBI/2016-17/216 A.P. (DIR Series) Circular No. 28 January 25, 2017 To All Category- I Authorised Dealer Banks Madam / Sir, Prohibition on Indian Party from making direct investment in countries identified by the Financial Action Task Force (FATF) as “Non Co- operative countries and territories” Attention of the Authorised Dealer Category - I (AD – Category I) banks is invited to Regulation 6 of FEMA Notification No. FEMA.120/RB-2004 dated July 07, 2004, as amended fro
RBI/2016-17/216 A.P. (DIR Series) Circular No. 28 January 25, 2017 To All Category- I Authorised Dealer Banks Madam / Sir, Prohibition on Indian Party from making direct investment in countries identified by the Financial Action Task Force (FATF) as “Non Co- operative countries and territories” Attention of the Authorised Dealer Category - I (AD – Category I) banks is invited to Regulation 6 of FEMA Notification No. FEMA.120/RB-2004 dated July 07, 2004, as amended fro
Jan 12, 2017
Exim Bank's GoI supported Line of Credit of USD 0.17 million to the Government of the Republic of Burundi
RBI/2016-17/211 A.P. (DIR Series) Circular No. 26 January 12, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 0.17 million to the Government of the Republic of Burundi Export-Import Bank of India (Exim Bank) has entered into an Agreement dated February 14, 2014 with the Government of the Republic of Burundi for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 0.17
RBI/2016-17/211 A.P. (DIR Series) Circular No. 26 January 12, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 0.17 million to the Government of the Republic of Burundi Export-Import Bank of India (Exim Bank) has entered into an Agreement dated February 14, 2014 with the Government of the Republic of Burundi for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 0.17
Jan 12, 2017
Evidence of Import under Import Data Processing and Monitoring System (IDPMS)
RBI/2016-17/212 A.P. (DIR Series) Circular No. 27 January 12, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Evidence of Import under Import Data Processing and Monitoring System (IDPMS) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 05 dated October 06, 2016 read with Section 5 and Section 10 of the Foreign Exchange Management Act 1999 (42 of 1999), Government of India Notification No. G.S.R
RBI/2016-17/212 A.P. (DIR Series) Circular No. 27 January 12, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Evidence of Import under Import Data Processing and Monitoring System (IDPMS) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 05 dated October 06, 2016 read with Section 5 and Section 10 of the Foreign Exchange Management Act 1999 (42 of 1999), Government of India Notification No. G.S.R
Jan 10, 2017
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2017
Reserve Bank of IndiaForeign Exchange DepartmentCentral OfficeMumbai – 400 001 Notification No.FEMA.383/2017-RB January 10, 2017 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2017 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 following amendment
Reserve Bank of IndiaForeign Exchange DepartmentCentral OfficeMumbai – 400 001 Notification No.FEMA.383/2017-RB January 10, 2017 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2017 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 following amendment
Jan 10, 2017
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifteenth Amendment) Regulations, 2016
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 Notification No.FEMA.377/2016-RB January 10, 2017 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifteenth Amendment) Regulations, 2016 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 follow
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 Notification No.FEMA.377/2016-RB January 10, 2017 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifteenth Amendment) Regulations, 2016 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 follow
Jan 05, 2017
Exim Bank's GoI supported Line of Credit of USD 4.22 million to the Government of the Republic of Burundi
RBI/2016-17/209 A.P. (DIR Series) Circular No. 25 January 05, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 4.22 million to the Government of the Republic of Burundi Export-Import Bank of India (Exim Bank) has entered into an Agreement dated February 14, 2014 with the Government of the Republic of Burundi for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 4.22
RBI/2016-17/209 A.P. (DIR Series) Circular No. 25 January 05, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 4.22 million to the Government of the Republic of Burundi Export-Import Bank of India (Exim Bank) has entered into an Agreement dated February 14, 2014 with the Government of the Republic of Burundi for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 4.22
Jan 03, 2017
Exchange facility to foreign citizens
RBI/2016-17/208 A.P. (DIR Series) Circular No. 24 January 03, 2017 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention of Authorized Persons is invited to the A.P. (DIR Series) Circular No. 20 dated November 25, 2016 permitting foreign citizens to exchange foreign exchange for Indian currency notes up to a limit of ₹ 5000/- per week till December 15, 2016 and extended up to December 31, 2016 vide A.P. (DIR Series) Circular No. 22 dat
RBI/2016-17/208 A.P. (DIR Series) Circular No. 24 January 03, 2017 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention of Authorized Persons is invited to the A.P. (DIR Series) Circular No. 20 dated November 25, 2016 permitting foreign citizens to exchange foreign exchange for Indian currency notes up to a limit of ₹ 5000/- per week till December 15, 2016 and extended up to December 31, 2016 vide A.P. (DIR Series) Circular No. 22 dat
Jan 02, 2017
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2016
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001Notification No.FEMA.382/2016-RB January 02, 2017 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2016 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 amen
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001Notification No.FEMA.382/2016-RB January 02, 2017 Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2016 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 amen
Dec 27, 2016
Purchase and sale of securities other than shares or convertible debentures of an Indian company by a person resident outside India
RBI/2016-17/197 A.P. (DIR Series) Circular No.23 December 27, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Purchase and sale of securities other than shares or convertible debentures of an Indian company by a person resident outside India Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 (the Pri
RBI/2016-17/197 A.P. (DIR Series) Circular No.23 December 27, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Purchase and sale of securities other than shares or convertible debentures of an Indian company by a person resident outside India Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 (the Pri
Dec 16, 2016
Exchange facility to foreign citizens
RBI/2016-17/186 A.P. (DIR Series) Circular No. 22 December 16, 2016 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention of Authorized Persons is invited to the A.P. (DIR Series) Circular No. 20 dated November 25, 2016 permitting foreign citizens to exchange foreign exchange for Indian currency notes up to a limit of ₹ 5000/- per week till December 15, 2016. 2. On a review it has been decided that the instructions contained in the A.P
RBI/2016-17/186 A.P. (DIR Series) Circular No. 22 December 16, 2016 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention of Authorized Persons is invited to the A.P. (DIR Series) Circular No. 20 dated November 25, 2016 permitting foreign citizens to exchange foreign exchange for Indian currency notes up to a limit of ₹ 5000/- per week till December 15, 2016. 2. On a review it has been decided that the instructions contained in the A.P
Dec 08, 2016
Exim Bank's GoI supported Line of Credit of USD 35.00 million to the Government of the Republic of Guinea
RBI/2016-17/175 A.P. (DIR Series) Circular No.21 December 08, 2016 Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 35.00 million to the Government of the Republic of Guinea Export-Import Bank of India (Exim Bank) has entered into an Agreement dated September 9, 2015 with the Government of the Republic of Guinea for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 35.00 million (USD Thirty Five million) for constr
RBI/2016-17/175 A.P. (DIR Series) Circular No.21 December 08, 2016 Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 35.00 million to the Government of the Republic of Guinea Export-Import Bank of India (Exim Bank) has entered into an Agreement dated September 9, 2015 with the Government of the Republic of Guinea for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 35.00 million (USD Thirty Five million) for constr
Dec 07, 2016
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eighteenth Amendment) Regulations, 2016
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 December 07, 2016 Notification No.FEMA.381/2016-RB Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eighteenth Amendment) Regulations, 2016 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 foll
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 December 07, 2016 Notification No.FEMA.381/2016-RB Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eighteenth Amendment) Regulations, 2016 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 foll
Nov 25, 2016
Exchange facility to foreign citizens
RBI/2016-17/157 A.P. (DIR Series) Circular No.20 November 25, 2016 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention of Authorized Persons is invited to the A.P. (DIR Series) Circular No. 16 dated November 9, 2016 giving certain exemptions to foreign tourists visiting India. In supersession of instructions issued therein, it has been decided that foreign citizens (i.e. foreign passport holders) can exchange foreign exchange for Ind
RBI/2016-17/157 A.P. (DIR Series) Circular No.20 November 25, 2016 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention of Authorized Persons is invited to the A.P. (DIR Series) Circular No. 16 dated November 9, 2016 giving certain exemptions to foreign tourists visiting India. In supersession of instructions issued therein, it has been decided that foreign citizens (i.e. foreign passport holders) can exchange foreign exchange for Ind
Nov 17, 2016
Investment by Foreign Portfolio Investors (FPI) in corporate debt securities
RBI/2016-17/138 A.P. (DIR Series) Circular No.19 November 17, 2016 To, All Category – I Authorised Dealer banks Madam / Sir, Investment by Foreign Portfolio Investors (FPI) in corporate debt securities Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to paragraph 1 of Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No.FEMA 20/200
RBI/2016-17/138 A.P. (DIR Series) Circular No.19 November 17, 2016 To, All Category – I Authorised Dealer banks Madam / Sir, Investment by Foreign Portfolio Investors (FPI) in corporate debt securities Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to paragraph 1 of Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No.FEMA 20/200
Nov 17, 2016
Foreign Exchange Management (Insurance) Regulations, 2015
RBI/2016-17/137 A.P. (DIR New Series) Circular No.18 [(1)/12 (R)] November 17, 2016 To All Category - I Authorised Dealer Banks Madam/ Sir Foreign Exchange Management (Insurance) Regulations, 2015 Attention of Authorised Dealers (ADs) is invited to A.D (M.A. Series) Circular No. 11 dated May 16, 2000 in terms of which ADs were advised of various Rules, Regulations, Notifications/ Directions issued under the Foreign Exchange Management Act, 1999 (hereinafter referred t
RBI/2016-17/137 A.P. (DIR New Series) Circular No.18 [(1)/12 (R)] November 17, 2016 To All Category - I Authorised Dealer Banks Madam/ Sir Foreign Exchange Management (Insurance) Regulations, 2015 Attention of Authorised Dealers (ADs) is invited to A.D (M.A. Series) Circular No. 11 dated May 16, 2000 in terms of which ADs were advised of various Rules, Regulations, Notifications/ Directions issued under the Foreign Exchange Management Act, 1999 (hereinafter referred t
Nov 11, 2016
Issue of Pre-Paid Instruments to Foreign Tourists
RBI/2016-17/127 A.P. (DIR Series) Circular No. 17 November 11, 2016 To All Authorised Persons Madam / Sir, Issue of Pre-Paid Instruments to foreign tourists Attention of Authorised Persons is invited to the A.P. (DIR Series) Circular No. 16 dated November 9, 2016 on Withdrawal of the legal tender character of the existing and any older series banknotes in the denominations of ₹ 500 and ₹ 1000. 2. The circular inter alia instructs Authorized Persons to facilitate excha
RBI/2016-17/127 A.P. (DIR Series) Circular No. 17 November 11, 2016 To All Authorised Persons Madam / Sir, Issue of Pre-Paid Instruments to foreign tourists Attention of Authorised Persons is invited to the A.P. (DIR Series) Circular No. 16 dated November 9, 2016 on Withdrawal of the legal tender character of the existing and any older series banknotes in the denominations of ₹ 500 and ₹ 1000. 2. The circular inter alia instructs Authorized Persons to facilitate excha
Nov 09, 2016
Instructions to Authorised Persons
RBI/2016-17/113 A.P. (DIR Series) Circular No. 16 November 09, 2016 To All Authorised Persons Madam / Sir, Withdrawal of the legal tender character of the existing and any older series banknotes in the denominations of ₹ 500 and ₹ 1000 1. Attention of Authorised Persons is invited to the Government of India Notification published in the Gazette of India vide S.O.3408(E) dated November 08, 2016, according to which the legal tender character of the existing and any olde
RBI/2016-17/113 A.P. (DIR Series) Circular No. 16 November 09, 2016 To All Authorised Persons Madam / Sir, Withdrawal of the legal tender character of the existing and any older series banknotes in the denominations of ₹ 500 and ₹ 1000 1. Attention of Authorised Persons is invited to the Government of India Notification published in the Gazette of India vide S.O.3408(E) dated November 08, 2016, according to which the legal tender character of the existing and any olde
Nov 07, 2016
External Commercial Borrowings (ECB) - Clarifications on hedging
RBI/2016-17/110 A.P. (DIR Series) Circular No. 15 November 07, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir External Commercial Borrowings (ECB) – Clarifications on hedging Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.i and 3 of A.P. (DIR Series) Circular No.56 dated March 30, 2016 and paragraph no. 2.5 of Master Direction No.5 dated January 1, 2016 on ‘External Commercial Borrowings, Trade Credit, Borro
RBI/2016-17/110 A.P. (DIR Series) Circular No. 15 November 07, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir External Commercial Borrowings (ECB) – Clarifications on hedging Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.i and 3 of A.P. (DIR Series) Circular No.56 dated March 30, 2016 and paragraph no. 2.5 of Master Direction No.5 dated January 1, 2016 on ‘External Commercial Borrowings, Trade Credit, Borro
Nov 04, 2016
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Sixteenth Amendment) Regulations, 2016
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 Notification No.FEMA.379/ 2016-RB November 04, 2016 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Sixteenth Amendment) Regulations, 2016 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 foll
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 Notification No.FEMA.379/ 2016-RB November 04, 2016 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Sixteenth Amendment) Regulations, 2016 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 foll
Nov 03, 2016
Issuance of Rupee denominated bonds overseas by Indian banks
RBI/2016-17/107 A.P. (DIR Series) Circular No. 14 November 03, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir Issuance of Rupee denominated bonds overseas by Indian banksAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to the measures announced by the Reserve Bank on August 25, 2016 for development of Fixed Income and Currency Markets in India which, inter alia, proposed to permit banks to issue Rupee Denominated Bonds ov
RBI/2016-17/107 A.P. (DIR Series) Circular No. 14 November 03, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir Issuance of Rupee denominated bonds overseas by Indian banksAttention of Authorised Dealer Category - I (AD Category - I) banks is invited to the measures announced by the Reserve Bank on August 25, 2016 for development of Fixed Income and Currency Markets in India which, inter alia, proposed to permit banks to issue Rupee Denominated Bonds ov
Oct 28, 2016
Money Market Futures
RBI/2016-17/104 FMRD.DIRD.10/14.03.01/2016-17 October 28, 2016 To All market participants Dear Sir/Madam Money Market Futures As announced in the first Bi-Monthly Monetary Policy Statement, 2016-17, it has been decided to introduce Interest Rate Futures based on any rupee denominated money market interest rate or money market instrument on SEBI authorised stock exchanges. 2. In this regard, the Reserve Bank of India has issued a Notification FMRD.DIRD.09/2016 dated Oc
RBI/2016-17/104 FMRD.DIRD.10/14.03.01/2016-17 October 28, 2016 To All market participants Dear Sir/Madam Money Market Futures As announced in the first Bi-Monthly Monetary Policy Statement, 2016-17, it has been decided to introduce Interest Rate Futures based on any rupee denominated money market interest rate or money market instrument on SEBI authorised stock exchanges. 2. In this regard, the Reserve Bank of India has issued a Notification FMRD.DIRD.09/2016 dated Oc
Oct 27, 2016
External Commercial Borrowings (ECB) by Startups
RBI/2016-17/103 A.P. (DIR Series) Circular No. 13 October 27, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir External Commercial Borrowings (ECB) by Startups Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the announcement made by the Reserve Bank in the Fourth Bi-monthly Monetary Policy Statement for the year 2016-17 released on October 04, 2016, for permitting Startup enterprises to access loans under ECB framework. 2.
RBI/2016-17/103 A.P. (DIR Series) Circular No. 13 October 27, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir External Commercial Borrowings (ECB) by Startups Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the announcement made by the Reserve Bank in the Fourth Bi-monthly Monetary Policy Statement for the year 2016-17 released on October 04, 2016, for permitting Startup enterprises to access loans under ECB framework. 2.
Oct 27, 2016
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR
RBI/2016-17/101 A.P. (DIR Series) Circular No. 12 October 27, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 79 dated June 30, 2016 wherein the Rupee value of the Special Currency Basket was indicated as Rs. 83.5796140 effective from
RBI/2016-17/101 A.P. (DIR Series) Circular No. 12 October 27, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 79 dated June 30, 2016 wherein the Rupee value of the Special Currency Basket was indicated as Rs. 83.5796140 effective from
Oct 27, 2016
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Tenth Amendment) Regulations, 2016
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 Notification No.FEMA.372/2016-RB October 27, 2016 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Tenth Amendment) Regulations, 2016 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 following
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 Notification No.FEMA.372/2016-RB October 27, 2016 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Tenth Amendment) Regulations, 2016 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 following
Oct 24, 2016
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eleventh Amendment) Regulations, 2016
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 Notification No.FEMA.373/2016-RB October 24, 2016 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eleventh Amendment) Regulations, 2016 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 followi
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 Notification No.FEMA.373/2016-RB October 24, 2016 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eleventh Amendment) Regulations, 2016 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 followi
Oct 20, 2016
Participation of Foreign Portfolio Investors (FPIs) in Government securities on NDS-OM platform
RBI/2016-17/86 FMRD.DIRD.08/14.03.007/2016-17 October 20, 2016 All SGL/CSGL Account holders Dear Sir/Madam, Participation of Foreign Portfolio Investors (FPIs) in Government securities on NDS-OM platform In terms of RBI circular FMRD.DIRD.06/14.03.007/2014-15 dated March 20, 2015, FPIs are currently permitted to transact in the Over-The-Counter (OTC) market for Government securities with T+2 settlement. 2. As announced in paragraph 36 of the First Bi-monthly Monetary
RBI/2016-17/86 FMRD.DIRD.08/14.03.007/2016-17 October 20, 2016 All SGL/CSGL Account holders Dear Sir/Madam, Participation of Foreign Portfolio Investors (FPIs) in Government securities on NDS-OM platform In terms of RBI circular FMRD.DIRD.06/14.03.007/2014-15 dated March 20, 2015, FPIs are currently permitted to transact in the Over-The-Counter (OTC) market for Government securities with T+2 settlement. 2. As announced in paragraph 36 of the First Bi-monthly Monetary
Oct 20, 2016
NDS-OM Web Module - Access to Gilt Account Holders (GAHs)
RBI/2016-17/87 FMRD.DIRD.07/14.03.007/2016-17 October 20, 2016 All SGL/CSGL Account holders Dear Sir/Madam, NDS-OM Web Module – Access to Gilt Account Holders (GAHs) As announced in the First Bi-monthly Monetary Policy Statement for the year 2016-17 (paragraph 36) on April 5, 2016, it has been decided to make it obligatory for the Primary Members (PM) to offer the web-based NDS-OM module to their constituent gilt account holders (excluding individuals) for online trad
RBI/2016-17/87 FMRD.DIRD.07/14.03.007/2016-17 October 20, 2016 All SGL/CSGL Account holders Dear Sir/Madam, NDS-OM Web Module – Access to Gilt Account Holders (GAHs) As announced in the First Bi-monthly Monetary Policy Statement for the year 2016-17 (paragraph 36) on April 5, 2016, it has been decided to make it obligatory for the Primary Members (PM) to offer the web-based NDS-OM module to their constituent gilt account holders (excluding individuals) for online trad
Oct 20, 2016
Investment by a Foreign Venture Capital Investor (FVCI) registered under SEBI (FVCI) Regulations, 2000
RBI/2016-17/89 A.P. (DIR Series) Circular No. 7 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Investment by a Foreign Venture Capital Investor (FVCI) registered under SEBI (FVCI) Regulations, 2000 Attention of Authorised Dealers Category – I (AD Category - I) 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 d
RBI/2016-17/89 A.P. (DIR Series) Circular No. 7 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Investment by a Foreign Venture Capital Investor (FVCI) registered under SEBI (FVCI) Regulations, 2000 Attention of Authorised Dealers Category – I (AD Category - I) 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 d
Oct 20, 2016
Rupee Drawing Arrangement - Trade related remittance limit
RBI/2016-17/91 A.P. (DIR Series) Circular No. 9 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Rupee Drawing Arrangement - Trade related remittance limit Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No.102 dated May 21, 2015 permitting them to regularize payments exceeding the prescribed limit under RDA provided that they are satisfied with the bonafide of the transaction 2. On a
RBI/2016-17/91 A.P. (DIR Series) Circular No. 9 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Rupee Drawing Arrangement - Trade related remittance limit Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No.102 dated May 21, 2015 permitting them to regularize payments exceeding the prescribed limit under RDA provided that they are satisfied with the bonafide of the transaction 2. On a
Oct 20, 2016
External Commercial Borrowings (ECB) - Extension and conversion
RBI/2016-17/92 A.P. (DIR Series) Circular No. 10 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, External Commercial Borrowings (ECB) – Extension and conversion Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to paragraph No. C.14, F.18 and F.19 of Annex to A.P. (DIR Series) Circular No.32 dated November 30, 2015 and paragraph No. 2.10 and 2.16 of Master Direction No.5 dated January 1, 2016 on External Commercial Borr
RBI/2016-17/92 A.P. (DIR Series) Circular No. 10 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, External Commercial Borrowings (ECB) – Extension and conversion Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to paragraph No. C.14, F.18 and F.19 of Annex to A.P. (DIR Series) Circular No.32 dated November 30, 2015 and paragraph No. 2.10 and 2.16 of Master Direction No.5 dated January 1, 2016 on External Commercial Borr
Oct 20, 2016
Foreign Exchange Management (Manner of receipt and payment) Regulations, 2016
RBI/2016-17/93 A.P. (DIR Series) Circular No. 11 [(1)/14(R)] October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Foreign Exchange Management (Manner of receipt and payment) Regulations, 2016 Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.D.(M.A. Series) Circular No. 11 dated May 16, 2000 in terms of which ADs were advised of various Rules, Regulations, Notifications/ Directions issued under the Foreign Exchange Mana
RBI/2016-17/93 A.P. (DIR Series) Circular No. 11 [(1)/14(R)] October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Foreign Exchange Management (Manner of receipt and payment) Regulations, 2016 Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.D.(M.A. Series) Circular No. 11 dated May 16, 2000 in terms of which ADs were advised of various Rules, Regulations, Notifications/ Directions issued under the Foreign Exchange Mana
Oct 20, 2016
Foreign investment in Other Financial Services
RBI/2016-17/90 A.P. (DIR Series) Circular No. 8 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Foreign investment in Other Financial Services Attention of Authorised Dealers Category – I (AD Category - I) 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 (Principa
RBI/2016-17/90 A.P. (DIR Series) Circular No. 8 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Foreign investment in Other Financial Services Attention of Authorised Dealers Category – I (AD Category - I) 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 (Principa
Oct 20, 2016
Review of sectoral caps and simplification of Foreign Direct Investment (FDI) Policy
RBI/2016-17/88 A.P. (DIR Series) Circular No. 6 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Review of sectoral caps and simplification of Foreign Direct Investment (FDI) Policy Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000, notified by the Reserve Bank vide Notification No. FEMA. 20/2000-RB d
RBI/2016-17/88 A.P. (DIR Series) Circular No. 6 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Review of sectoral caps and simplification of Foreign Direct Investment (FDI) Policy Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000, notified by the Reserve Bank vide Notification No. FEMA. 20/2000-RB d
Oct 06, 2016
Import Data Processing and Monitoring System (IDPMS)
RBI/2016-17/78 A.P. (DIR Series) Circular No. 05 October 06, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Import Data Processing and Monitoring System (IDPMS) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No.65 dated April 28, 2016 read with Section 5 of the Foreign Exchange Management Act 1999 (42 of 1999), Government of India Notification No. G.S.R. 381(E) dated May 3, 2000 viz., Foreign Excha
RBI/2016-17/78 A.P. (DIR Series) Circular No. 05 October 06, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Import Data Processing and Monitoring System (IDPMS) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No.65 dated April 28, 2016 read with Section 5 of the Foreign Exchange Management Act 1999 (42 of 1999), Government of India Notification No. G.S.R. 381(E) dated May 3, 2000 viz., Foreign Excha
Sep 30, 2016
Investment by Foreign Portfolio Investors (FPI) in Government Securities
RBI/2016-17/72 A.P. (DIR Series) Circular No. 4 September 30, 2016 To, All Authorised Persons Madam/Sir Investment by Foreign Portfolio Investors (FPI) in Government Securities Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 5 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 tim
RBI/2016-17/72 A.P. (DIR Series) Circular No. 4 September 30, 2016 To, All Authorised Persons Madam/Sir Investment by Foreign Portfolio Investors (FPI) in Government Securities Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 5 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 tim
Sep 29, 2016
Exim Bank's GoI supported Line of Credit of USD 87.00 million to the Government of the Republic of Zimbabwe
RBI/2016-17/68 A.P. (DIR Series) Circular No. 03 September 29, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Exim Bank's GoI supported Line of Credit of USD 87.00 million to the Government of the Republic of Zimbabwe Export-Import Bank of India (Exim Bank) has entered into an Agreement dated October 27, 2015 with the Government of the Republic of Zimbabwe for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 87.0
RBI/2016-17/68 A.P. (DIR Series) Circular No. 03 September 29, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Exim Bank's GoI supported Line of Credit of USD 87.00 million to the Government of the Republic of Zimbabwe Export-Import Bank of India (Exim Bank) has entered into an Agreement dated October 27, 2015 with the Government of the Republic of Zimbabwe for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 87.0
Sep 09, 2016
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Thirteenth Amendment) Regulations, 2016
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001 Notification No.FEMA.375/2016-RB September 09, 2016 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Thirteenth Amendment) Regulations, 2016 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.375/2016-RB September 09, 2016 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Thirteenth Amendment) Regulations, 2016 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
Sep 08, 2016
Foreign Exchange Management (Deposit) Regulations, 2016
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 5(R)/2016-RB April 01, 2016(Amended upto September 08, 2016) Foreign Exchange Management (Deposit) Regulations, 2016 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 supersession of Notification No. FEMA 5/2000-RB dated May 3, 2000, as amend
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 5(R)/2016-RB April 01, 2016(Amended upto September 08, 2016) Foreign Exchange Management (Deposit) Regulations, 2016 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 supersession of Notification No. FEMA 5/2000-RB dated May 3, 2000, as amend
Jul 14, 2016
Exim Bank's GoI supported Line of Credit of USD 86.31 million to Myanma Foreign Trade Bank (MFTB), Myanmar
RBI/2016-17/13 A.P. (DIR Series) Circular No. 02 July 14, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Exim Bank's GoI supported Line of Credit of USD 86.31 million to Myanma Foreign Trade Bank (MFTB), Myanmar Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 11, 2013 with Myanma Foreign Trade Bank (MFTB), Myanmar for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 155 millio
RBI/2016-17/13 A.P. (DIR Series) Circular No. 02 July 14, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Exim Bank's GoI supported Line of Credit of USD 86.31 million to Myanma Foreign Trade Bank (MFTB), Myanmar Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 11, 2013 with Myanma Foreign Trade Bank (MFTB), Myanmar for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 155 millio
Jul 07, 2016
Discontinuation of Reporting of Bank Guarantee on behalf of service importers
RBI/2016-17/8 A.P. (DIR Series) Circular No. 1 July 07, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Discontinuation of Reporting of Bank Guarantee on behalf of service importers Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to para no. 5 of the Master Direction No.8 dated January 01, 2016 on ‘Other Remittance Facilities’ in terms of which, AD Category-I banks were permitted to issue guarantees in favour of a non-resident se
RBI/2016-17/8 A.P. (DIR Series) Circular No. 1 July 07, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Discontinuation of Reporting of Bank Guarantee on behalf of service importers Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to para no. 5 of the Master Direction No.8 dated January 01, 2016 on ‘Other Remittance Facilities’ in terms of which, AD Category-I banks were permitted to issue guarantees in favour of a non-resident se
Jun 30, 2016
Settlement System under Asian Clearing Union (ACU)
RBI/2015-16/441 A.P. (DIR Series) Circular No. 81 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir, Settlement System under Asian Clearing Union (ACU) Attention of Authorised Dealer Category-I Banks is invited to the A.P. (DIR Series) Circular No. 43 dated December 26, 2008, giving participants in ACU mechanism the option to settle their transactions either in ‘ACU Dollar’ or in ‘ACU Euro’. The 'ACU Dollar' and 'ACU Euro' is equivalent in value to o
RBI/2015-16/441 A.P. (DIR Series) Circular No. 81 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir, Settlement System under Asian Clearing Union (ACU) Attention of Authorised Dealer Category-I Banks is invited to the A.P. (DIR Series) Circular No. 43 dated December 26, 2008, giving participants in ACU mechanism the option to settle their transactions either in ‘ACU Dollar’ or in ‘ACU Euro’. The 'ACU Dollar' and 'ACU Euro' is equivalent in value to o
Jun 30, 2016
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR
RBI/2015-16/439 A.P. (DIR Series) Circular No. 79 June 30, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 41 dated February 04, 2016 wherein the Rupee value of the Special Currency Basket was indicated as ₹ 80.9604520 effective from
RBI/2015-16/439 A.P. (DIR Series) Circular No. 79 June 30, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 41 dated February 04, 2016 wherein the Rupee value of the Special Currency Basket was indicated as ₹ 80.9604520 effective from
Jun 30, 2016
External Commercial Borrowings (ECB) - Approval Route cases
RBI/2015-16/440 A.P. (DIR Series) Circular No. 80 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir External Commercial Borrowings (ECB) – Approval Route cases Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph no. D.15 of Annex to A.P. (DIR Series) Circular No.32 dated November 30, 2015 and paragraph no. 2.11 of Master Direction No.5 dated January 1, 2016 on External Commercial Borrowings, Trade Credit, Borrowing
RBI/2015-16/440 A.P. (DIR Series) Circular No. 80 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir External Commercial Borrowings (ECB) – Approval Route cases Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph no. D.15 of Annex to A.P. (DIR Series) Circular No.32 dated November 30, 2015 and paragraph no. 2.11 of Master Direction No.5 dated January 1, 2016 on External Commercial Borrowings, Trade Credit, Borrowing
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