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RBI Clarifications w.r.t. Liberalized Remittance Scheme

RBI/2013-14/222 A.P. (DIR Series) Circular No.32 September 04, 2013 To All Authorised Dealer Category-I Banks Madam / Sir, Liberalized Remittance Scheme Clarifications Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the A.P. (DIR Series) Circular No. 24 dated August 14, 2013. In this connection, Reserve Bank has been receiving… Read More

Tags: Anno DominiFederal Emergency Management AgencyForeign Exchange Management ActIndiaLRSReserve Bank of IndiaRun batted inUSD

Liberalised Remittance Scheme for Resident Individuals- Reduction of limit from USD 200,000 to USD 75,000

RBI/2013-14/181 A. P. (DIR Series) Circular No.24 August 14, 2013 To All Category-I Authorised Dealer Banks Madam / Sir, Liberalised Remittance Scheme for Resident Individuals- Reduction of limit from USD 200,000 to USD 75,000 Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the guidelines regarding the Liberalised Remittance… Read More

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SEBI Circular on Revised Position Limits for Exchange Traded Currency Derivatives

CIRCULAR CIR/MRD/DP/ 22 /2013 July 08, 2013 To All Stock Exchanges. Dear Sir/Madam, Sub: Revised Position Limits for Exchange Traded Currency Derivatives 1. This is in partial modification of SEBI Circular No. SEBI/DNPD/Cir-38/2008 dated August 6, 2008, SEBI/DNPD/Cir-45/2009 dated March 24, 2009, CIR/DNPD/5/2010 dated July 30, 2010 and CIR/DNPD/2/2012 dated May 23, 2012 which, inter-alia,… Read More

Tags: BusinessCurrency DerivativesExchange rateIndiaSecurities & Exchange Board of IndiaStock exchangeUSD

External Commercial Borrowings (ECB) in Renminbi (RMB)

RBI/2012-13/546 A.P. (DIR Series) Circular No. 117 June 25, 2013 To, All Authorized Dealer Category - I Banks Madam / Sir External Commercial Borrowings (ECB) in Renminbi (RMB) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 30 dated September 27, 2011 on the captioned subject in terms of which… Read More

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