Notifications - RBI - Reserve Bank of India
Notifications
Apr 09, 2018
Auction of Government of India Dated Securities
RBI/2017-18/159 Ref. No.IDMD/2584/08.02.032/2017-18 April 09, 2018 All Scheduled Commercial BanksAll State Co-operative Banks/All Scheduled Primary(Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (issue/re-issue) four dated securities for notified amount of Rs. 12,000 crore as per the following details: Sr No Security Notified Amount (in R
RBI/2017-18/159 Ref. No.IDMD/2584/08.02.032/2017-18 April 09, 2018 All Scheduled Commercial BanksAll State Co-operative Banks/All Scheduled Primary(Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (issue/re-issue) four dated securities for notified amount of Rs. 12,000 crore as per the following details: Sr No Security Notified Amount (in R
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Apr 09, 2018
Auction for Sale (Issue/Re-issue) of Government Stock (GS)
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated April 09, 2018 NOTIFICATION Auction for Sale (Issue/Re-issue) of Government Stock (GS) F.No.4(6)W&M/2018:Government of India(GoI) hereby notifies sale(issue/re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) NI GS 2023 Apr 16, 2018 05-00-00 Apr 16,
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated April 09, 2018 NOTIFICATION Auction for Sale (Issue/Re-issue) of Government Stock (GS) F.No.4(6)W&M/2018:Government of India(GoI) hereby notifies sale(issue/re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) NI GS 2023 Apr 16, 2018 05-00-00 Apr 16,
Apr 09, 2018
Revised General Notification for Sale of Government of India Treasury Bills/ Cash Management Bill by Auction
RBI/2017-18/158 Ref.No.IDMD.2593/08.01.01/ 2017-18 April 09, 2018 All participants in the Government Securities market. Madam/Sir, Revised General Notification for Sale of Government of India Treasury Bills/ Cash Management Bill by Auction The terms and conditions for Sale of Government of India Treasury Bills by auction were notified by the Government of India vide Government Notification Nos. F.4(14)-W&M/86 dated 18th November, 1986; F.2(17)-W&M/92 dated 1st
RBI/2017-18/158 Ref.No.IDMD.2593/08.01.01/ 2017-18 April 09, 2018 All participants in the Government Securities market. Madam/Sir, Revised General Notification for Sale of Government of India Treasury Bills/ Cash Management Bill by Auction The terms and conditions for Sale of Government of India Treasury Bills by auction were notified by the Government of India vide Government Notification Nos. F.4(14)-W&M/86 dated 18th November, 1986; F.2(17)-W&M/92 dated 1st
Apr 09, 2018
Revised General Notification for sale of Government of India Dated Securities
RBI/2017-18/157 Ref.No.IDMD.2592/08.01.01/2017-18 April 09, 2018 All participants in the Government Securities market. Madam/Sir, Revised General Notification for sale of Government of India Dated Securities A reference is invited to our circular IDMD.1800/08.01.01/2008-09 dated October 10, 2008, forwarding therewith a copy of the General Notification F. No. 4(13)-W&M/2008 dated October 8, 2008 issued by the Government of India for issue of Government of India dat
RBI/2017-18/157 Ref.No.IDMD.2592/08.01.01/2017-18 April 09, 2018 All participants in the Government Securities market. Madam/Sir, Revised General Notification for sale of Government of India Dated Securities A reference is invited to our circular IDMD.1800/08.01.01/2008-09 dated October 10, 2008, forwarding therewith a copy of the General Notification F. No. 4(13)-W&M/2008 dated October 8, 2008 issued by the Government of India for issue of Government of India dat
Apr 06, 2018
Action Points for Lead Banks on Enhancing the Effectiveness of Lead District Managers (LDMs)
RBI/2017-2018/156 FIDD.CO.LBS.BC.No.20/02.01.001/2017-18 April 6, 2018 The Chairmen/Managing Directors/Chief Executive Officers All Lead Banks Madam/ Dear Sir, Action Points for Lead Banks on Enhancing the Effectiveness of Lead District Managers (LDMs) As you are aware, the Lead Bank Scheme was last reviewed by the “High Level Committee” under Smt Usha Thorat, then Deputy Governor of Reserve Bank of India, as the Chairperson in 2009. In view of changes that have taken
RBI/2017-2018/156 FIDD.CO.LBS.BC.No.20/02.01.001/2017-18 April 6, 2018 The Chairmen/Managing Directors/Chief Executive Officers All Lead Banks Madam/ Dear Sir, Action Points for Lead Banks on Enhancing the Effectiveness of Lead District Managers (LDMs) As you are aware, the Lead Bank Scheme was last reviewed by the “High Level Committee” under Smt Usha Thorat, then Deputy Governor of Reserve Bank of India, as the Chairperson in 2009. In view of changes that have taken
Apr 06, 2018
Revamp of Lead Bank Scheme - Action Points for SLBC Convenor Banks/ Lead Banks
RBI/2017-2018/155 FIDD.CO.LBS.BC.No.19/02.01.001/2017-18 April 6, 2018 The Chairmen/Managing Directors/Chief Executive Officers All SLBC Convenor Banks/ Lead Banks Madam/Dear Sir, Revamp of Lead Bank Scheme - Action Points for SLBC Convenor Banks/ Lead Banks As you are aware, the Lead Bank Scheme (LBS) was last reviewed by the “High Level Committee” under Smt Usha Thorat, then Deputy Governor of Reserve Bank of India as the Chairperson in 2009. In view of changes that
RBI/2017-2018/155 FIDD.CO.LBS.BC.No.19/02.01.001/2017-18 April 6, 2018 The Chairmen/Managing Directors/Chief Executive Officers All SLBC Convenor Banks/ Lead Banks Madam/Dear Sir, Revamp of Lead Bank Scheme - Action Points for SLBC Convenor Banks/ Lead Banks As you are aware, the Lead Bank Scheme (LBS) was last reviewed by the “High Level Committee” under Smt Usha Thorat, then Deputy Governor of Reserve Bank of India as the Chairperson in 2009. In view of changes that
Apr 06, 2018
Prohibition on dealing in Virtual Currencies (VCs)
RBI/2017-18/154 DBR.No.BP.BC.104 /08.13.102/2017-18 April 6, 2018 All Commercial and Co-operative Banks /Payments Banks/Small Finance Banks / NBFCs / Payment System Providers Madam / Dear Sir, Prohibition on dealing in Virtual Currencies (VCs) Reserve Bank has repeatedly through its public notices on December 24, 2013, February 01, 2017 and December 05, 2017, cautioned users, holders and traders of virtual currencies, including Bitcoins, regarding various risks associ
RBI/2017-18/154 DBR.No.BP.BC.104 /08.13.102/2017-18 April 6, 2018 All Commercial and Co-operative Banks /Payments Banks/Small Finance Banks / NBFCs / Payment System Providers Madam / Dear Sir, Prohibition on dealing in Virtual Currencies (VCs) Reserve Bank has repeatedly through its public notices on December 24, 2013, February 01, 2017 and December 05, 2017, cautioned users, holders and traders of virtual currencies, including Bitcoins, regarding various risks associ
Apr 06, 2018
Storage of Payment System Data
RBI/2017-18/153 DPSS.CO.OD No.2785/06.08.005/2017-2018 6 April 2018 The Chairman and Managing Director / Chief Executive Officers,Authorised Payment Systems / All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks /Payment Banks / Small Finance Banks and Local Area Banks Madam / Sir, Storage of Payment System Data Please refer to paragraph 4 of the Statement on Development and Regulator
RBI/2017-18/153 DPSS.CO.OD No.2785/06.08.005/2017-2018 6 April 2018 The Chairman and Managing Director / Chief Executive Officers,Authorised Payment Systems / All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks /Payment Banks / Small Finance Banks and Local Area Banks Madam / Sir, Storage of Payment System Data Please refer to paragraph 4 of the Statement on Development and Regulator
Apr 06, 2018
Cash Management activities of the banks Standards for engaging the Service Provider and its sub-contractor
RBI/2017-18/152 DCM (Plg) No.3563/10.25.07/2017-18 April 06, 2018 The Chairman / Managing Director / Chief Executive Officer,Public Sector Banks / Private Sector Banks / Foreign Banks /Regional Rural Banks / Primary (Urban) Co-operative Banks /State Co-operative Banks / District Central Co-operative Banks. Madam / Dear Sir, Cash Management activities of the banks Standards for engaging the Service Provider and its sub-contractor It was announced vide para 11 of the St
RBI/2017-18/152 DCM (Plg) No.3563/10.25.07/2017-18 April 06, 2018 The Chairman / Managing Director / Chief Executive Officer,Public Sector Banks / Private Sector Banks / Foreign Banks /Regional Rural Banks / Primary (Urban) Co-operative Banks /State Co-operative Banks / District Central Co-operative Banks. Madam / Dear Sir, Cash Management activities of the banks Standards for engaging the Service Provider and its sub-contractor It was announced vide para 11 of the St
Apr 06, 2018
Comprehensive Guidelines on Derivatives: Modifications
RBI/2017-18/151 DBR.No.BP.BC.103/21.04.157/2017-18 April 6, 2018 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs),All India Term-Lending & Refinancing Institutions &Primary Dealers Dear Sir, Comprehensive Guidelines on Derivatives: Modifications Please refer to para 8.3 of the circular DBOD No.BP.BC.44/21.04.157/2011-12 dated November 2, 2011, in terms of which ‘user suitability and appro
RBI/2017-18/151 DBR.No.BP.BC.103/21.04.157/2017-18 April 6, 2018 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs),All India Term-Lending & Refinancing Institutions &Primary Dealers Dear Sir, Comprehensive Guidelines on Derivatives: Modifications Please refer to para 8.3 of the circular DBOD No.BP.BC.44/21.04.157/2011-12 dated November 2, 2011, in terms of which ‘user suitability and appro
Apr 06, 2018
Investment by Foreign Portfolio Investors (FPI) in Government Securities - Medium Term Framework - Review
RBI/2017-18/150 A.P.(DIR Series) Circular No. 22 April 06, 2018 To All Authorized Persons Madam / Sir Investment by Foreign Portfolio Investors (FPI) in Government Securities - Medium Term Framework – ReviewAttention 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
RBI/2017-18/150 A.P.(DIR Series) Circular No. 22 April 06, 2018 To All Authorized Persons Madam / Sir Investment by Foreign Portfolio Investors (FPI) in Government Securities - Medium Term Framework – ReviewAttention 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
Apr 06, 2018
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 (Amended up to March 08, 2019)
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 20(R)/2017-RB November 7, 2017 (Amended up to March 08, 2019) (Amended up to September 24, 2018) Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) 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) and
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 20(R)/2017-RB November 7, 2017 (Amended up to March 08, 2019) (Amended up to September 24, 2018) Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) 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) and
Apr 05, 2018
Exim Bank's Government of India supported Line of Credit of USD 4.50 billion to the Government of the People’s Republic of Bangladesh
RBI/2017-18/149 A.P. (DIR Series) Circular No.21 April 5, 2018 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 4.50 billion to the Government of the People’s Republic of Bangladesh Export-Import Bank of India (Exim Bank) has entered into an agreement dated October 04, 2017 with the Government of the People’s Republic of Bangladesh (the borrower) for making available to the latter, a Government of India
RBI/2017-18/149 A.P. (DIR Series) Circular No.21 April 5, 2018 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 4.50 billion to the Government of the People’s Republic of Bangladesh Export-Import Bank of India (Exim Bank) has entered into an agreement dated October 04, 2017 with the Government of the People’s Republic of Bangladesh (the borrower) for making available to the latter, a Government of India
Apr 02, 2018
Auction of Government of India Dated Securities
RBI/2017-18/148 Ref.No.IDMD/2510/08.02.032/2017-18 April 02, 2018 All Scheduled Commercial BanksAll State Co-operative Banks/All Scheduled Primary(Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (issue/re-issue) five dated securities for notified amount of Rs. 12,000 crore as per the following details: Sr No Security Notified Amount (in Rs
RBI/2017-18/148 Ref.No.IDMD/2510/08.02.032/2017-18 April 02, 2018 All Scheduled Commercial BanksAll State Co-operative Banks/All Scheduled Primary(Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (issue/re-issue) five dated securities for notified amount of Rs. 12,000 crore as per the following details: Sr No Security Notified Amount (in Rs
Apr 02, 2018
Auction for Sale (Issue/Re-issue) of Government Stock (GS)
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated April 02, 2018 NOTIFICATION Auction for Sale (Issue/Re-issue) of Government Stock (GS) F.No.4(7)W&M/2018:Government of India(GoI) hereby notifies sale(issue/re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) NI GS 2020 Apr 09, 2018 02-00-00 Apr 09,
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated April 02, 2018 NOTIFICATION Auction for Sale (Issue/Re-issue) of Government Stock (GS) F.No.4(7)W&M/2018:Government of India(GoI) hereby notifies sale(issue/re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) NI GS 2020 Apr 09, 2018 02-00-00 Apr 09,
Apr 02, 2018
withdrawn
Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks - Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR)
RBI/2017-18/147 DBR.No.BP.BC.102/21.04.048/2017-18 April 2, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks),Small Finance Banks Dear Sir/Madam, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) Please refer to Master Circular DBR.No.BP.BC.6/21.04.141/2015-16 dated July 1, 2015 on the captioned subject. Banks are required to ma
RBI/2017-18/147 DBR.No.BP.BC.102/21.04.048/2017-18 April 2, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks),Small Finance Banks Dear Sir/Madam, Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks – Spreading of MTM losses and creation of Investment Fluctuation Reserve (IFR) Please refer to Master Circular DBR.No.BP.BC.6/21.04.141/2015-16 dated July 1, 2015 on the captioned subject. Banks are required to ma
Mar 31, 2018
Taking over of valuation of Government Securities (G-Sec) by Financial Benchmark India Pvt. Ltd. (FBIL) - valuation of portfolios
RBI/2017-18/146 FMRD.DIRD.7/14.03.025/2017-18 March 31, 2018 All participants in the Government Securities market Madam/Sir, Taking over of valuation of Government Securities (G-Sec) by Financial Benchmark India Pvt. Ltd. (FBIL) - valuation of portfolios Please refer to Paragraph 8 of the Statement on Developmental and Regulatory Policies, issued as part of the sixth Bi-monthly Monetary Policy Statement for 2017- 18 dated February 07, 2018, wherein it was proposed tha
RBI/2017-18/146 FMRD.DIRD.7/14.03.025/2017-18 March 31, 2018 All participants in the Government Securities market Madam/Sir, Taking over of valuation of Government Securities (G-Sec) by Financial Benchmark India Pvt. Ltd. (FBIL) - valuation of portfolios Please refer to Paragraph 8 of the Statement on Developmental and Regulatory Policies, issued as part of the sixth Bi-monthly Monetary Policy Statement for 2017- 18 dated February 07, 2018, wherein it was proposed tha
Mar 28, 2018
Special Clearing operations on March 31, 2018
RBI/2017-18/145 DPSS.CO.CHD.No./2707/03.01.03/2017-18 March 28, 2018 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing operations on March 31, 2018 A reference is invited to the circular issued by our Department of Government and Bank Accounts (DGBA.GBD.No
RBI/2017-18/145 DPSS.CO.CHD.No./2707/03.01.03/2017-18 March 28, 2018 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing operations on March 31, 2018 A reference is invited to the circular issued by our Department of Government and Bank Accounts (DGBA.GBD.No
Mar 27, 2018
Annual Closing of Government Accounts - Transactions of Central / State Governments - Special Measures for the Current Financial Year (2017-18)
RBI/2017-18/144 DGBA.GBD.No.2388/42.01.029/2017-18 March 27, 2018 All agency banks Dear Sir / Madam Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2017-18) The Government of India has desired that all government transactions with banks for Financial Year 2017-18 must be accounted for within the same financial year and has requested that, as in previous years, certain special arrang
RBI/2017-18/144 DGBA.GBD.No.2388/42.01.029/2017-18 March 27, 2018 All agency banks Dear Sir / Madam Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2017-18) The Government of India has desired that all government transactions with banks for Financial Year 2017-18 must be accounted for within the same financial year and has requested that, as in previous years, certain special arrang
Mar 26, 2018
Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2018
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001Notification No. FEMA 21(R)/2018-RB March 26, 2018 Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2018 In exercise of the powers conferred by clause (i) 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 21/2000-RB dated Ma
Reserve Bank of India Foreign Exchange Department Central Office Mumbai – 400 001Notification No. FEMA 21(R)/2018-RB March 26, 2018 Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2018 In exercise of the powers conferred by clause (i) 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 21/2000-RB dated Ma
Mar 26, 2018
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2018
Reserve Bank of India Foreign Exchange Department Central Office Mumbai Notification No.FEMA.20(R) (1)/2018-RB March 26, 2018 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2018 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 amendments t
Reserve Bank of India Foreign Exchange Department Central Office Mumbai Notification No.FEMA.20(R) (1)/2018-RB March 26, 2018 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2018 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 amendments t
Mar 23, 2018
Implementation of UNSCR 2397 (2017), pertaining to Democratic People's Republic of Korea (DPRK)
RBI/2017-18/143 DBR.AML.No.8528/14.06.056/2017-18 March 23, 2018 All Regulated Entities Dear Sir/Madam, Implementation of UNSCR 2397 (2017), pertaining to Democratic People's Republic of Korea (DPRK) Please find enclosed a copy of the ‘Order’ issued by Ministry of External Affairs dated March 5, 2018, published in the Gazette of India on implementation of United Nations Security Council Resolutions 2397 (2017) on Democratic People’s Republic of Korea. 2. Regulated Ent
RBI/2017-18/143 DBR.AML.No.8528/14.06.056/2017-18 March 23, 2018 All Regulated Entities Dear Sir/Madam, Implementation of UNSCR 2397 (2017), pertaining to Democratic People's Republic of Korea (DPRK) Please find enclosed a copy of the ‘Order’ issued by Ministry of External Affairs dated March 5, 2018, published in the Gazette of India on implementation of United Nations Security Council Resolutions 2397 (2017) on Democratic People’s Republic of Korea. 2. Regulated Ent
Mar 20, 2018
Foreign Exchange Management (Cross Border Merger) Regulations, 2018
Reserve Bank of India Foreign Exchange Department Central Office Mumbai - 400 001 Notification No. FEMA.389/2018-RB Dated: March 20, 2018 Foreign Exchange Management (Cross Border Merger) Regulations, 2018 In exercise of the powers conferred by sub-section (3) of section (6) read with section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank makes the following regulations relating to merger, amalgamation and arrangement between Indian com
Reserve Bank of India Foreign Exchange Department Central Office Mumbai - 400 001 Notification No. FEMA.389/2018-RB Dated: March 20, 2018 Foreign Exchange Management (Cross Border Merger) Regulations, 2018 In exercise of the powers conferred by sub-section (3) of section (6) read with section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank makes the following regulations relating to merger, amalgamation and arrangement between Indian com
Mar 19, 2018
Reporting and Accounting of Central Government Transactions of March 2018
RBI/2017-18/142 DGBA.GBD.No.2324/42.01.029/2017-18 March 19, 2018 All Agency Banks Dear Sir / Madam, Reporting and Accounting of Central Government Transactions of March 2018 Please refer to Circular DGBA.GAD.No. 2376/42.01.029/2016-17 dated March 16, 2017 advising the procedure to be followed for reporting and accounting of Central Government transactions (including CBDT, CBEC, departmentalised ministries and non-Civil Ministries) at the Receiving/Nodal/Focal Point b
RBI/2017-18/142 DGBA.GBD.No.2324/42.01.029/2017-18 March 19, 2018 All Agency Banks Dear Sir / Madam, Reporting and Accounting of Central Government Transactions of March 2018 Please refer to Circular DGBA.GAD.No. 2376/42.01.029/2016-17 dated March 16, 2017 advising the procedure to be followed for reporting and accounting of Central Government transactions (including CBDT, CBEC, departmentalised ministries and non-Civil Ministries) at the Receiving/Nodal/Focal Point b
Mar 15, 2018
Agency commission payable to banks for operating Special Deposit Scheme (SDS)
RBI/2017-18/140 DGBA.GBD.2294/15.01.001/2017-18 March 15, 2018 All Agency Banks handling Special Deposit Scheme Dear Sir, Agency commission payable to banks for operating Special Deposit Scheme (SDS) Please refer to para 2 of our Master Circular RBI/2017-18/2 dated July 1, 2017 on Conduct of Government Business by Agency Banks- Payment of Agency Commission where in it is mentioned that SDS transactions undertaken by agency banks are eligible for agency commission. 2.
RBI/2017-18/140 DGBA.GBD.2294/15.01.001/2017-18 March 15, 2018 All Agency Banks handling Special Deposit Scheme Dear Sir, Agency commission payable to banks for operating Special Deposit Scheme (SDS) Please refer to para 2 of our Master Circular RBI/2017-18/2 dated July 1, 2017 on Conduct of Government Business by Agency Banks- Payment of Agency Commission where in it is mentioned that SDS transactions undertaken by agency banks are eligible for agency commission. 2.
Mar 15, 2018
Submission of returns by the Government-owned Non-Banking Financial Companies
RBI/2017-18/141 DNBS.PD.CC.No.1925/66.08.001/2017-18 March 15, 2018 To All Government-Owned Non-Banking Financial Companies (NBFCs) Madam/ Sir, Submission of returns by the Government-owned Non-Banking Financial Companies In exercise of the powers conferred by sections 45JA, 45K and 45L of the Reserve Bank of India Act, 1934 (hereinafter referred to as the RBI Act), it has been decided to apply the Master Direction – Non-Banking Financial Company Returns (Reserve Bank
RBI/2017-18/141 DNBS.PD.CC.No.1925/66.08.001/2017-18 March 15, 2018 To All Government-Owned Non-Banking Financial Companies (NBFCs) Madam/ Sir, Submission of returns by the Government-owned Non-Banking Financial Companies In exercise of the powers conferred by sections 45JA, 45K and 45L of the Reserve Bank of India Act, 1934 (hereinafter referred to as the RBI Act), it has been decided to apply the Master Direction – Non-Banking Financial Company Returns (Reserve Bank
Mar 13, 2018
Discontinuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade Credits
RBI/2017-18/139 A.P. (DIR Series) Circular No. 20 March 13, 2018 All Authorised Dealer Category – I Banks Madam/ Sir Discontinuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade Credits Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to paragraph 2 of A.P. (DIR Series) Circular No. 24 dated November 1, 2004 and paragraph No. 5.5 of Master Direction No.5 dated January 1, 2016 on ‘External Commercial Borrowings,
RBI/2017-18/139 A.P. (DIR Series) Circular No. 20 March 13, 2018 All Authorised Dealer Category – I Banks Madam/ Sir Discontinuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade Credits Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to paragraph 2 of A.P. (DIR Series) Circular No. 24 dated November 1, 2004 and paragraph No. 5.5 of Master Direction No.5 dated January 1, 2016 on ‘External Commercial Borrowings,
Mar 12, 2018
Hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) Directions
RBI/2017-18/138 A.P. (DIR Series) Circular No. 19 March 12, 2018 To All Category - I Authorised Dealer Banks Madam / Sir, Hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) Directions Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to regulation 6 and 6A of the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No.FEMA. 25/RB-2000 dated May
RBI/2017-18/138 A.P. (DIR Series) Circular No. 19 March 12, 2018 To All Category - I Authorised Dealer Banks Madam / Sir, Hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) Directions Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to regulation 6 and 6A of the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No.FEMA. 25/RB-2000 dated May
Mar 01, 2018
Separate limit of Interest Rate Futures (IRFs) for Foreign Portfolio Investors (FPIs)
RBI/2017-18/137 FMRD.DIRD.6/14.03.001/2017-18 March 1, 2018 All market participants Madam/Sir, Separate limit of Interest Rate Futures (IRFs) for Foreign Portfolio Investors (FPIs) Please refer to Paragraph 8 of the statement on Developmental and Regulatory Policies, issued as part of the third Bi-monthly Monetary Policy Statement for 2017- 18 dated August 02, 2017, wherein a separate limit of Interest Rate Futures for Foreign Portfolio Investors was proposed. 2. Curr
RBI/2017-18/137 FMRD.DIRD.6/14.03.001/2017-18 March 1, 2018 All market participants Madam/Sir, Separate limit of Interest Rate Futures (IRFs) for Foreign Portfolio Investors (FPIs) Please refer to Paragraph 8 of the statement on Developmental and Regulatory Policies, issued as part of the third Bi-monthly Monetary Policy Statement for 2017- 18 dated August 02, 2017, wherein a separate limit of Interest Rate Futures for Foreign Portfolio Investors was proposed. 2. Curr
Mar 01, 2018
Priority Sector Lending - Targets and Classification
RBI/2017-18/135 FIDD.CO.Plan.BC.18/04.09.01/2017-18 March 01, 2018 The Chairman/ Managing Director & CEOs All Scheduled Commercial Banks Dear Sir/ Madam, Priority Sector Lending – Targets and ClassificationPlease refer to the revised priority sector guidelines issued to banks vide FIDD.CO.Plan.BC.54/04.09.01/2014-15 circular dated April 23, 2015. It was stipulated therein under Para (II) (i) that the sub-targets for lending to small and marginal farmers and micro
RBI/2017-18/135 FIDD.CO.Plan.BC.18/04.09.01/2017-18 March 01, 2018 The Chairman/ Managing Director & CEOs All Scheduled Commercial Banks Dear Sir/ Madam, Priority Sector Lending – Targets and ClassificationPlease refer to the revised priority sector guidelines issued to banks vide FIDD.CO.Plan.BC.54/04.09.01/2014-15 circular dated April 23, 2015. It was stipulated therein under Para (II) (i) that the sub-targets for lending to small and marginal farmers and micro
Mar 01, 2018
Review of Currency Distribution & Exchange Scheme (CDES)
RBI/2017-18/136 DCM (CC) No. 3071/03.41.01/2017-18 March 01, 2018 The Chairman & Managing Director / Chief Executive Officer, All Banks Madam / Dear Sir, Review of Currency Distribution & Exchange Scheme (CDES) Please refer to the announcement made in Part B of the Bi-Monthly Review of Monetary Policy dated February 7, 2018. The RBI has been providing several incentives to banks, from time to time for installation of various machines by them to encourage techn
RBI/2017-18/136 DCM (CC) No. 3071/03.41.01/2017-18 March 01, 2018 The Chairman & Managing Director / Chief Executive Officer, All Banks Madam / Dear Sir, Review of Currency Distribution & Exchange Scheme (CDES) Please refer to the announcement made in Part B of the Bi-Monthly Review of Monetary Policy dated February 7, 2018. The RBI has been providing several incentives to banks, from time to time for installation of various machines by them to encourage techn
Feb 26, 2018
Risk Management and Inter-bank Dealings: Revised guidelines relating to participation of a person resident in India and Foreign Portfolio Investor (FPI) in the Exchange Traded Currency Derivatives (ETCD) Market
RBI/2017-18/134 A. P. (DIR Series) Circular No. 18 February 26, 2018 All Category - I Authorised Dealer banks Madam/Sir, Risk Management and Inter-bank Dealings: Revised guidelines relating to participation of a person resident in India and Foreign Portfolio Investor (FPI) in the Exchange Traded Currency Derivatives (ETCD) Market Attention of Authorized Dealers Category - I (AD Category - I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivat
RBI/2017-18/134 A. P. (DIR Series) Circular No. 18 February 26, 2018 All Category - I Authorised Dealer banks Madam/Sir, Risk Management and Inter-bank Dealings: Revised guidelines relating to participation of a person resident in India and Foreign Portfolio Investor (FPI) in the Exchange Traded Currency Derivatives (ETCD) Market Attention of Authorized Dealers Category - I (AD Category - I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivat
Feb 23, 2018
Ombudsman Scheme for Non-Banking Financial Companies, 2018
DEPUTY GOVERNOR Ombudsman Scheme for Non-Banking Financial Companies, 2018 NOTIFICATION Ref.CEPD.PRS.No.3590/13.01.004/2017-18 February 23, 2018 In exercise of the powers conferred by Section 45L of the Reserve Bank of India Act, 1934, the Reserve Bank of India (RBI) being satisfied that for the purpose of enabling it to promote conducive credit culture among the Non Banking Financial Companies (NBFCs) and to regulate the credit system of the country to its advantage,
DEPUTY GOVERNOR Ombudsman Scheme for Non-Banking Financial Companies, 2018 NOTIFICATION Ref.CEPD.PRS.No.3590/13.01.004/2017-18 February 23, 2018 In exercise of the powers conferred by Section 45L of the Reserve Bank of India Act, 1934, the Reserve Bank of India (RBI) being satisfied that for the purpose of enabling it to promote conducive credit culture among the Non Banking Financial Companies (NBFCs) and to regulate the credit system of the country to its advantage,
Feb 23, 2018
Ombudsman Scheme for Non-Banking Financial Companies, 2018 - Appointment of the Nodal Officer/Principal Nodal Officer
RBI/2017-18/133 DNBR.PD.CC.No 091/03.10.001/2017-18 February 23, 2018 All NBFCs Madam/ Dear Sir, Ombudsman Scheme for Non-Banking Financial Companies, 2018 - Appointment of the Nodal Officer/Principal Nodal Officer The Reserve Bank of India (RBI) has brought into operation today the Ombudsman Scheme for Non-Banking Financial Companies, 2018 (The Scheme). The Scheme is available on the RBI website /en/web/rbi. The Non-Banking Financial Companies (NBFCs) that are covere
RBI/2017-18/133 DNBR.PD.CC.No 091/03.10.001/2017-18 February 23, 2018 All NBFCs Madam/ Dear Sir, Ombudsman Scheme for Non-Banking Financial Companies, 2018 - Appointment of the Nodal Officer/Principal Nodal Officer The Reserve Bank of India (RBI) has brought into operation today the Ombudsman Scheme for Non-Banking Financial Companies, 2018 (The Scheme). The Scheme is available on the RBI website /en/web/rbi. The Non-Banking Financial Companies (NBFCs) that are covere
Feb 15, 2018
Acceptance of coins
RBI/2017-18/132 DCM (RMMT) No.2945/11.37.01/2017-18 February 15, 2018 The Chairman and Managing Director / The Managing Director/The Chief Executive OfficerAll Banks Dear Sir Acceptance of coins We invite a reference to Paragraph 1 (d) of our Master Circular DCM (NE) No. G - 1/08.07.18/2017-18 dated July 03, 2017 on Facility for Exchange of Notes and Coins where it was advised that none of the bank branches should refuse to accept small denomination notes and / or coi
RBI/2017-18/132 DCM (RMMT) No.2945/11.37.01/2017-18 February 15, 2018 The Chairman and Managing Director / The Managing Director/The Chief Executive OfficerAll Banks Dear Sir Acceptance of coins We invite a reference to Paragraph 1 (d) of our Master Circular DCM (NE) No. G - 1/08.07.18/2017-18 dated July 03, 2017 on Facility for Exchange of Notes and Coins where it was advised that none of the bank branches should refuse to accept small denomination notes and / or coi
Feb 12, 2018
Resolution of Stressed Assets - Revised Framework
RBI/2017-18/131 DBR.No.BP.BC.101/21.04.048/2017-18 February 12, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks (RRB)), All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir/Madam, Resolution of Stressed Assets – Revised Framework 1. The Reserve Bank of India has issued various instructions aimed at resolution of stressed assets in the economy, including introduction of certain specific schemes at different points of time. In
RBI/2017-18/131 DBR.No.BP.BC.101/21.04.048/2017-18 February 12, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks (RRB)), All-India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir/Madam, Resolution of Stressed Assets – Revised Framework 1. The Reserve Bank of India has issued various instructions aimed at resolution of stressed assets in the economy, including introduction of certain specific schemes at different points of time. In
Feb 07, 2018
Relief for MSME Borrowers registered under Goods and Services Tax (GST)
RBI/2017-18/129 DBR.No.BP.BC.100/21.04.048/2017-18 February 07, 2018 All banks and NBFCs regulated by the Reserve Bank of India Madam / Dear Sir, Relief for MSME Borrowers registered under Goods and Services Tax (GST) Presently, banks and NBFCs in India generally classify a loan account as Non-Performing Asset (NPA) based on 90 day and 120 day delinquency norms, respectively. It has been represented to us that formalisation of business through registration under GST h
RBI/2017-18/129 DBR.No.BP.BC.100/21.04.048/2017-18 February 07, 2018 All banks and NBFCs regulated by the Reserve Bank of India Madam / Dear Sir, Relief for MSME Borrowers registered under Goods and Services Tax (GST) Presently, banks and NBFCs in India generally classify a loan account as Non-Performing Asset (NPA) based on 90 day and 120 day delinquency norms, respectively. It has been represented to us that formalisation of business through registration under GST h
Feb 05, 2018
Auction of Government of India Dated Securities
RBI/2017-18/128 Ref. No. IDMD/2060/08.02.032/2017-18 February 05, 2018 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) two dated securities for notified amount of Rs. 11,000 crore as per the following details: Sr No Security Notified Amount (in Rs
RBI/2017-18/128 Ref. No. IDMD/2060/08.02.032/2017-18 February 05, 2018 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) two dated securities for notified amount of Rs. 11,000 crore as per the following details: Sr No Security Notified Amount (in Rs
Feb 01, 2018
Small Saving Schemes - Payment of Agency Commission
RBI/2017-18/127 DGBA.GBD.No.1972/15.02.005/2017-18 February 01, 2018 All Agency Banks handling Small Saving Schemes Dear Sir / Madam Small Saving Schemes – Payment of Agency Commission Please refer to Government of India Notification F. No. 7/10/2014-NS dated October 10, 2017, wherein, all Public Sector Banks, ICICI Bank Ltd., Axis Bank Ltd., and HDFC Bank Ltd., were authorised to receive subscriptions under National Saving Time Deposit Scheme, 1981, National Saving (
RBI/2017-18/127 DGBA.GBD.No.1972/15.02.005/2017-18 February 01, 2018 All Agency Banks handling Small Saving Schemes Dear Sir / Madam Small Saving Schemes – Payment of Agency Commission Please refer to Government of India Notification F. No. 7/10/2014-NS dated October 10, 2017, wherein, all Public Sector Banks, ICICI Bank Ltd., Axis Bank Ltd., and HDFC Bank Ltd., were authorised to receive subscriptions under National Saving Time Deposit Scheme, 1981, National Saving (
Jan 29, 2018
Auction of Government of India Dated Securities
RBI/2017-18/126 Ref. No. IDMD/1937/08.02.032/2017-18 January 29, 2018 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) two dated securities for notified amount of Rs. 11,000 crore as per the following details: Sr No Security Notified Amount (in Rs
RBI/2017-18/126 Ref. No. IDMD/1937/08.02.032/2017-18 January 29, 2018 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) two dated securities for notified amount of Rs. 11,000 crore as per the following details: Sr No Security Notified Amount (in Rs
Jan 29, 2018
Auction for Sale (Re-issue) of Government Stock (GS)
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated January 29, 2018 NOTIFICATION Auction for Sale (Re-issue) of Government Stock (GS) F.No.4(7)W&M/2017:Government of India(GoI) hereby notifies sale(re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) 6.84% GS 2022 Sep. 12, 2016 06-03-07 Dec. 19, 2022
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated January 29, 2018 NOTIFICATION Auction for Sale (Re-issue) of Government Stock (GS) F.No.4(7)W&M/2017:Government of India(GoI) hereby notifies sale(re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) 6.84% GS 2022 Sep. 12, 2016 06-03-07 Dec. 19, 2022
Jan 25, 2018
Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of the Republic of Kenya
RBI/2017-18/124 A.P. (DIR Series) Circular No.16 January 25, 2018 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of the Republic of Kenya Export-Import Bank of India (Exim Bank) has entered into an agreement dated January 11, 2017 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 10
RBI/2017-18/124 A.P. (DIR Series) Circular No.16 January 25, 2018 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of the Republic of Kenya Export-Import Bank of India (Exim Bank) has entered into an agreement dated January 11, 2017 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 10
Jan 25, 2018
Exim Bank's Government of India supported Line of Credit of USD 71.40 million to the Government of Côte d’Ivoire
RBI/2017-18/125 A.P. (DIR Series) Circular No.17 January 25, 2018 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 71.40 million to the Government of Côte d’Ivoire Export-Import Bank of India (Exim Bank) has entered into an Agreement on May 22, 2017 with the Government of Côte d'Ivoire for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 71.4 million (USD Seven
RBI/2017-18/125 A.P. (DIR Series) Circular No.17 January 25, 2018 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit of USD 71.40 million to the Government of Côte d’Ivoire Export-Import Bank of India (Exim Bank) has entered into an Agreement on May 22, 2017 with the Government of Côte d'Ivoire for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 71.4 million (USD Seven
Jan 22, 2018
Auction of Government of India Dated Securities
RBI/2017-18/123 Ref. No. IDMD/1869/08.02.032/2017-18 January 22, 2018 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary(Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) two dated securities for notified amount of Rs. 11,000 crore as per the following details: Sr No Security Notified Amount (in Rs c
RBI/2017-18/123 Ref. No. IDMD/1869/08.02.032/2017-18 January 22, 2018 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary(Urban) Co-operative Banks /All Financial Institutions/All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) two dated securities for notified amount of Rs. 11,000 crore as per the following details: Sr No Security Notified Amount (in Rs c
Jan 22, 2018
Auction for Sale (Re-issue) of Government Stock (GS)
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated January 22, 2018 NOTIFICATION Auction for Sale (Re-issue) of Government Stock (GS) F.No.4(7)W&M/2017: Government of India(GoI) hereby notifies sale(re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) GOI FRB 2024 Nov 07, 2016 08-00-00 Nov 07, 2024 Pr
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated January 22, 2018 NOTIFICATION Auction for Sale (Re-issue) of Government Stock (GS) F.No.4(7)W&M/2017: Government of India(GoI) hereby notifies sale(re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) GOI FRB 2024 Nov 07, 2016 08-00-00 Nov 07, 2024 Pr
Jan 18, 2018
Formation of new districts in the State of Assam - Assignment of Lead Bank Responsibility
RBI/2017-18/122 FIDD.CO.LBS.BC.No.2195/02.08.001/2017-18 January 18, 2018 The Chairmen & Managing Directors/ Chief Executive Officers All Lead Banks Dear Sir/Madam, Formation of new districts in the State of Assam -Assignment of Lead Bank Responsibility The Government of Assam vide Gazette Notifications dated January 25, 2016, February 26, 2016 and August 5, 2016 had notified the creation of eight new districts in the State of Assam. It has been decided to assign
RBI/2017-18/122 FIDD.CO.LBS.BC.No.2195/02.08.001/2017-18 January 18, 2018 The Chairmen & Managing Directors/ Chief Executive Officers All Lead Banks Dear Sir/Madam, Formation of new districts in the State of Assam -Assignment of Lead Bank Responsibility The Government of Assam vide Gazette Notifications dated January 25, 2016, February 26, 2016 and August 5, 2016 had notified the creation of eight new districts in the State of Assam. It has been decided to assign
Jan 15, 2018
Auction of Government of India Dated Securities
RBI/2017-18/121 Ref. No.IDMD/1805/08.02.032/2017-18 January 15, 2018 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) four dated securities for notified amount of ₹ 15,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
RBI/2017-18/121 Ref. No.IDMD/1805/08.02.032/2017-18 January 15, 2018 All Scheduled Commercial Banks All State Co-operative Banks/All Scheduled Primary (Urban) Co-operative Banks /All Financial Institutions/ All Primary Dealers. Dear Sir/Madam, Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) four dated securities for notified amount of ₹ 15,000 crore as per the following details: Sr No Security Notified Amount (in ₹ cr
Jan 15, 2018
Auction for Sale (Re-issue) of Government Stock (GS)
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated January 15, 2018 NOTIFICATION Auction for Sale (Re-issue) of Government Stock (GS) F.No.4(7)W&M/2017:Government of India(GoI) hereby notifies sale(re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) 6.84% GS 2022 Sep. 12, 2016 06-03-07 Dec. 19, 2022
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated January 15, 2018 NOTIFICATION Auction for Sale (Re-issue) of Government Stock (GS) F.No.4(7)W&M/2017:Government of India(GoI) hereby notifies sale(re-issue) of the following Government Stocks: Name of the Security Date of Original Issue Tenure (yy-mm-dd) Date of Maturity Base Method Notified Amount (in ₹ Crore) 6.84% GS 2022 Sep. 12, 2016 06-03-07 Dec. 19, 2022
Jan 11, 2018
Interest rates for Small Savings Schemes
RBI/2017-18/120 DGBA.GBD.1781/15.02.005/2017-18 January 11, 2018 All Agency Banks handling Small Saving Schemes Dear Sir Interest rates for Small Savings Schemes Please refer to our circular DGBA.GBD.954/15.02.005/2017-18 dated October 12, 2017 on the above subject. The Government of India, had vide their Office Memorandum (OM) No.F.No.01/04/2016–NS dated December 27, 2017 advised the rate of interest on various small savings schemes for the fourth quarter of the fina
RBI/2017-18/120 DGBA.GBD.1781/15.02.005/2017-18 January 11, 2018 All Agency Banks handling Small Saving Schemes Dear Sir Interest rates for Small Savings Schemes Please refer to our circular DGBA.GBD.954/15.02.005/2017-18 dated October 12, 2017 on the above subject. The Government of India, had vide their Office Memorandum (OM) No.F.No.01/04/2016–NS dated December 27, 2017 advised the rate of interest on various small savings schemes for the fourth quarter of the fina
Jan 09, 2018
7.75% Savings (Taxable) Bonds, 2018 - Amendments
RBI/2017-18/119 IDMD.CDD.No.1728/13.01.299/2017-18 January 08, 2018 The Chairman & Managing Director State Bank of India & 18 Nationalised BanksAxis Bank Ltd., ICICI Bank Ltd., HDFC Bank Ltd.,Stock Holding Corporation of India ltd.(SHCIL) Dear Sir/Madam, 7.75% Savings (Taxable) Bonds, 2018 - Amendments Please refer to our Circular RBI/2017-18/114 IDMD.CDD.No.1671/13.01.299/2017-18 January 03, 2018, informing you about the issuance of 7.75% Savings (Taxable) Bo
RBI/2017-18/119 IDMD.CDD.No.1728/13.01.299/2017-18 January 08, 2018 The Chairman & Managing Director State Bank of India & 18 Nationalised BanksAxis Bank Ltd., ICICI Bank Ltd., HDFC Bank Ltd.,Stock Holding Corporation of India ltd.(SHCIL) Dear Sir/Madam, 7.75% Savings (Taxable) Bonds, 2018 - Amendments Please refer to our Circular RBI/2017-18/114 IDMD.CDD.No.1671/13.01.299/2017-18 January 03, 2018, informing you about the issuance of 7.75% Savings (Taxable) Bo
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