Shantanu eMinds Legal Consulting Pvt Ltd
eMinds Legal Consulting Pvt. Ltd. is a Consulting Firm in India specialzing in Corporate Laws, Compliances, Secretarial, FEMA, Indirect Taxation, Cyber Laws & Contracts. The Firm comprises of a team of professionals of Company Secretaries, Lawyers and Chartered Accountants with an in-depth subject matter knowledge and participative industry experience of over 15 years.
RBI announces Auction of 56-day Cash Management Bills
Press Release : 2011-2012/91 The Reserve Bank of India has today announced the auction of 56-day Government of India Cash Management Bills for a notified amount of Rs. 8,000 crore. The auction will be conducted on July 18, 2011 using "Multiple Price Auction" method. The Cash Management Bills will be repaid at par on September… Read More
Branch Authorization Policy – Opening of branches in unbanked rural centres
RBI/2011-12/113 DBOD.No.BL.BC. 24/22.01.001/2011-12 July 15, 2011 All Scheduled Commercial Banks (excluding RRBs) Madam/Dear Sir, Branch Authorization Policy - Opening of branches in unbanked rural centres Please refer to paragraphs 97& 98 of the Monetary Policy Statement 2011-12 on the above subject (extract enclosed). As stated therein, there is a need to step up the opening… Read More
RBI Notification On Regularization of Liaison / Branch Offices of foreign entities established during the pre-FEMA period
RBI/2011-12/112 A.P. (DIR Series) Circular No. 02 July 15, 2011 To All Authorised Dealer Category - I banks Madam / Sir, Regularization of Liaison / Branch Offices of foreign entities established during the pre-FEMA period Attention of Authorised Dealer Category I (AD Category-I) banks is invited to Notification No. FEMA 22/2000-RB dated May 3, 2000 viz. Foreign… Read More
Clarification regarding admission of Limited Liability Partnerships as members of Stock Exchanges
CIR/MIRSD/12/2011 July 11, 2011 To All Recognized Stock Exchanges Sub: Clarification regarding admission of Limited Liability Partnerships as members of Stock Exchanges. Dear Sir/Madam, 1. We have received requests from various stock exchanges to permit Limited Liability Partnerships (LLPs) to be admitted as members of stock exchanges so as to enable them to get registration… Read More
Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges
CIR/DNPD/6/2011 July 05, 2011 To Managing Director/ Chief Executive Officer Recognised Stock Exchanges Dear Sir/Madam, Sub: Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges (All Segments) 1. In consultation with BSE, MCX-SX, NSE and USE, it has been decided that the Stock Exchanges may allow modifications of client codes of non-institutional trades… Read More
RBI Master Circular on Self Help Groups (SHG)-Bank Linkage Programme
RBI/2011-12/82 RPCD. FID. BC.No.06/12.01.001/2011-12 July 1, 2011 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir, Master Circular on SHG-Bank Linkage Programme The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable the banks to have… Read More
RBI Master Circular on Investments by Primary (Urban) Co-operative Banks
RBI/2011-12/47 UBD. BPD (PCB).MC.No.12/16.20.000/2011-12 July 1, 2011 Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Master Circular on Investments by Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD (PCB) MC.No: 12/16.20.000/2010-11 dated July 1, 2011 on the `captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates all… Read More
RBI Master Circular on Prudential norms for Classification, Valuation and Operation of investment portfolio by FIs
RBI/2010-11/59 DBOD.No.FID.FIC.3/01.02.00/2010-11 01 July, 2010 10 Aashadha 1932 (Saka) The CEOs of the All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular Prudential norms for classification, valuation and operation of investment portfolio by FIs Please refer to Master Circular DBOD.No.FID.FIC.3/ 01.02.00 / 2009-10 dated July 01, 2009 on the… Read More
RBI Master Circular on Board of Directors Primary (Urban) Co-operative Banks
BI/2011-12/45 UBD.CO. BPD. MC.No. 8 /12.05.001/2011-12 July 1, 2011 Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam, Master Circular on Board of Directors Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD.BPD (PCB) MC. No. 8 /12.05.001/ 2010-11 dated July 1, 2010 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master… Read More
RBI Master Circular on Levy of Penal Interest for Delayed Reporting/Wrong Reporting/Non-Reporting of Currency Chest Transactions and Inclusion of Ineligible Amounts in Currency Chest Balances
RBI/2011-12/77 DCM(CC) No.G- 2/03.35.01/2011-12 July 1, 2011 1. The Chairman& Managing Director/Chief Executive Officer (All Banks having Currency Chests) 2. Director of Treasuries (State Governments as per list enclosed) Dear Sir/Madam Master Circular Levy of Penal Interest for Delayed Reporting/Wrong Reporting/Non-Reporting of Currency Chest Transactions and Inclusion of Ineligible Amounts in Currency Chest Balances This… Read More
RBI Master Circular on Facility for Exchange of Notes and Coins
RBI/2011-12/76 DCM (NE) No.G-1/08.07.18/2011-12 July 1, 2011 The Chairman and Managing Director / The Chief Executive Officer All Banks Dear Sir / Madam, Master Circular Facility for Exchange of Notes and Coins Please refer to the Master Circular pertaining to the facility for exchange of notes and coins. We place a copy of the same on… Read More
RBI Master Circular on Customer Service Primary (Urban) Co-operative Banks
RBI/2011-12/49 UBD.BPD. (PCB).MC.No. 10/12.05.001/2011-12 Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Master Circular on Customer Service Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD.BPD. (PCB).MC No. 10/ 09.39.00/2010-11 dated July 1, 2010 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates all the… Read More
RBI Master Circular on Inspection and Audit Systems in Primary (Urban) Co-operative Banks
RBI/2011-12/46 UBD.CO.BPD.(PCB) MC.No.9 /12.05.001/2011-2012 July 1, 2011 Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/Dear Sir Master Circular on Inspection and Audit Systems in Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD.BPD.(PCB).MC.No.9 /12.05.001/2010-11 dated July 1, 2010 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates… Read More
Subscribe to the Daily Journal
Corporate Law Referencer
India’s Leading Compliance Software
