Import of Gold by Nominated Banks/Agencies/Entities
RBI/2013-14/423 A.P. (DIR Series) Circular No.82 December 31, 2013 To All Scheduled Commercial Banks which are Authorized Dealers (ADs) in Foreign Exchange/ All Agencies nominated for import of gold Madam / Sir, Import of Gold by Nominated Banks/Agencies/Entities Attention of Authorized Persons is drawn to the Reserve Bank™s A.P. (DIR Series) Circular No. 25 dated August… Read More
Tags: Accrual, Federal Emergency Management Agency, FIFO, Foreign Exchange Management Act, Import, India, India government, Reserve Bank of India
Damaged Currency Notes
Reserve Bank of India (RBI) has informed that no instance of damage of currency notes in various public sector banks across the country have been brought to their notice in the recent past. However, during the year 2010 currency notes amounting to Rs. 3.75 crores kept in Currency Chest at SBI Fatehpur, Barabanki (U.P.) were… Read More
Tags: Banknote, Currency, FIFO, Lok Sabha, Lucknow, ministry of finance, Reserve Bank of India, Run batted in
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