Master Circulars 1st July 2013 | Corporate Law Reporter

Master Circular- Prudential Norms on Capital Adequacy – UCBs

RBI/2013-14/21 UBD.BPD.(PCB) MC No.6/09.18.201/2013-14 July 1, 2013 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir / Madam, Master Circular- Prudential Norms on Capital Adequacy - UCBs Please refer to our Master Circular UBD.BPD.(PCB) MC.No. 6/09.18.201/2012-13 dated July 2, 2012 on the captioned subject (available at RBI website http://www.rbi.org.in/). The enclosed Master Circular consolidates and updates all the… Read More

Tags: chartered accountant, Foreign Exchange Management Act, Gazette of India, Government of India, India, Master Circular, Master Circulars 1st July 2013, Reserve Bank of India

Master Circular- Guarantees, Co-Acceptances & Letters of Credit – UCBs

RBI/2013-14/19 UBD.BPD.(PCB) MC No.4/09.27.000/2013-14 July 1, 2013 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Master Circular- Guarantees, Co-Acceptances & Letters of Credit - UCBs Please refer to our Master Circular UBD. BPD (PCB) MC. No. 4/09.27.000/2012-13 dated July 2, 2012 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and… Read More

Tags: chartered accountant, Company Secretary, FEMA, India, Indirect tax, Master Circulars 1st July 2013, rbi, Urban area

Master Circular on External Commercial Borrowings and Trade Credits

RBI/2013-14/12 Master Circular No. 12/2013-14 July 1, 2013 To, All Authorised Dealer Category I banks and Authorised banks Madam / Sir, Master Circular on External Commercial Borrowings and Trade Credits External Commercial Borrowings and Trade Credits availed of by residents are governed by clause (d) of sub-section 3 of section 6 of the Foreign Exchange… Read More

Tags: External Commercial Borrowing, External Commercial Borrowings, Foreign Exchange Management Act, General manager, Master Circular, Master Circulars 1st July 2013

Master Circular on Direct Investment by Residents in Joint Venture (JV) /Wholly Owned Subsidiary (WOS) Abroad

RBI/2013-14/11 Master Circular No.11/2013-14 July 01, 2013 To, All Authorised Dealer Category - I banks Madam / Sir, Master Circular on Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad Direct investments by residents in Joint Venture (JV) and Wholly Owned Subsidiary (WOS) abroad are being allowed, in terms of… Read More

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Master Circular on Memorandum of Instructions governing money changing activities

RBI/2013-14/10 Master Circular No. 10/2013-14 July 01, 2013 To, All Authorised Persons in Foreign Exchange Madam / Sir, Master Circular on Memorandum of Instructions governing money changing activities This Master Circular consolidates the existing instructions on the subject of Memorandum of Instructions governing money changing activities at one place. The list of underlying circulars/ notifications… Read More

Tags: chartered accountant, Company Secretary, FEMA, Foreign Exchange Management Act, General manager, India, Indirect tax, Master Circular, Master Circulars 1st July 2013

Master Circular on Remittance Facilities for Non-Resident Indians / Persons of Indian Origin / Foreign Nationals

RBI/2013-2014/8 Master Circular No.8 /2013-14 July 01, 2013 To, All Authorised Dealer Category I banks and Authorised banks Madam / Sir, Master Circular on Remittance Facilities for Non-Resident Indians / Persons of Indian Origin / Foreign Nationals Remittance facilities for Non-Residents /Persons of Indian Origin /Foreign Nationals are being governed by sub-section (1) and (2)… Read More

Tags: chartered accountant, Company Secretary, FEMA, Foreign Exchange Management Act, India, Master Circular, Master Circulars 1st July 2013, Non-resident Indian and person of Indian origin

Master Circular on Establishment of Liaison / Branch / Project Offices in India by Foreign Entities

RBI/2013-2014/7 Master Circular No.7/2013-14 July 01, 2013 To, All Category I Authorised Dealer banks Madam / Sir, Master Circular on Establishment of Liaison / Branch / Project Offices in India by Foreign Entities Establishment of Branch/Liaison/Project Offices in India is regulated in terms of Section 6(6) of Foreign Exchange Management Act, 1999 read with Notification No.… Read More

Tags: chartered accountant, FEMA, Foreign Exchange Management Act, General manager, India, Master Circular, Master Circulars 1st July 2013, May 3 2000

Master Circular on Miscellaneous Remittances from India Facilities for Residents

RBI/2013-14/6 Master Circular No. 6/2013-14 July 1, 2013 To, All Authorised Persons in Foreign Exchange Madam / Sir, Master Circular on Miscellaneous Remittances from India Facilities for Residents Miscellaneous remittance facilities for residents are allowed in terms of section 5 of the Foreign Exchange Management Act, 1999, read with Government of India Notification No. G.S.R… Read More

Tags: chartered accountant, Foreign Exchange Management Act, General manager, Government of India, India, Master Circular, Master Circulars 1st July 2013

Master Circular on Risk Management and Inter-Bank Dealings

RBI/2013-14/5 Master Circular No. 5/2013-14 July 1, 2013 To, All Authorised Dealers - Category I Banks Madam / Sir, Master Circular on Risk Management and Inter-Bank Dealings Foreign Exchange Derivative Contracts, Overseas Commodity & Freight Hedging, Rupee Accounts of Non-Resident Banks, Inter-Bank Foreign Exchange Dealings, etc. are governed by the provisions in Notification No. FEMA 1/2000-RB,… Read More

Tags: chartered accountant, Foreign Exchange Management Act, General manager, India, Master Circular, Master Circulars 1st July 2013, Risk management

Master Circular on Acquisition and Transfer of Immovable Property in India by NRIs/PIOs/Foreign Nationals of Non-Indian Origin

RBI/2013-14/4 Master Circular No. 4/2013-14 July 1, 2013 To, All Category - I Authorised Dealer banks Madam / Sir, Master Circular on Acquisition and Transfer of Immovable Property in India by NRIs/PIOs/Foreign Nationals of Non-Indian Origin Acquisition and transfer of immovable property in India by NRIs / PIOs / Foreign Nationals of Non-Indian Origin is… Read More

Tags: Foreign Exchange Management Act, Immovable property, India, Master Circular, Master Circulars 1st July 2013, May 3 2000, Non-resident Indian and person of Indian origin, Reserve Bank

Master Circular on Memorandum of Instructions for Opening and Maintenance of Rupee/ Foreign Currency Vostro Accounts of Non-resident Exchange Houses

RBI/2013-14/3 Master Circular No.3/2013-14 July 01, 2013 To, All Authorised Dealer Category-I Banks Madam / Sir, Master Circular on Memorandum of Instructions for Opening and Maintenance of Rupee/ Foreign Currency Vostro Accounts of Non-resident Exchange Houses This Master Circular consolidates the existing instructions on the subject of Memorandum of Instructions for Opening and Maintenance of… Read More

Tags: Foreign Exchange Management Act, General manager, India, Master Circular, Master Circulars 1st July 2013

Master Circular – Disclosure Norms for Financial Institutions

RBI/2013-14/78 DBOD.No.FID.FIC.2/01.02.00/2013-14 July 1, 2013 The CEOs of the All-India Term- lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular - Disclosure Norms for Financial Institutions Please refer to the Master Circular DBOD.No.FID.FIC.2/01.02.00/2012-13 dated July 02, 2012 on the above subject. The enclosed Master Circular consolidates and updates all the instructions / guidelines on… Read More

Tags: All-India Financial Institutions, EXIM bank, Financial institution, India, Master Circular, Master Circulars 1st July 2013, National Bank for Agriculture and Rural Development, Rajesh Verma, Small Industries Development Bank of India

Master Circular – Resource Raising Norms for Financial Institutions

RBI/2013-14/77 DBOD.No.FID.FIC.1/01.02.00/2013-14 July 1, 2013 The CEOs of the All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular - Resource Raising Norms for Financial Institutions Please refer to Master Circular DBOD.No.FID.FIC.1/01.02.00/2012-13 dated July 02, 2012 on the captioned subject. The enclosed Master Circular consolidates and updates all the instructions / guidelines on… Read More

Tags: All-India Financial Institutions, finance, Financial institution, India, Master Circular, Master Circulars 1st July 2013, Rajesh Verma, Reserve Bank of India, Small Industries Development Bank of India