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RBI/2011-12/366 A.P. (DIR Series) Circular No.69 To All Authorised Dealer Category- I Banks Madam / Sir, External Commercial Borrowings Simplification of procedure Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, notified vide Notification No. FEMA 3/2000-RB dated May 3, 2000 and the A.P.… Read More
RBI/2011-12/367 A.P. (DIR Series) Circular No.70 To All Authorised Dealer Category- I Banks Madam / Sir, External Commercial Borrowings (ECB) Policy Infrastructure Finance Companies (IFCs) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 5 dated August 1, 2005, amended from time to time and A. P. (DIR Series) Circular… Read More
RBI/2011-12/368 DBOD.Dir.BC. 75/13.03.00/2011-12 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate - Guidelines Please refer to our circular DBOD.Dir.BC. 42 /13.03.00/2011-12 dated October 25, 2011. 2. Based on the references received from banks, we clarify that the revised guidelines issued vide our circular referred to above would be applicable… Read More
RBI/2011-12/369 UBD.BPD. (PCB). CIR.No. 2 /12.03.000/2011-12 The Chief Executive Officers of All Scheduled Primary (Urban) Co-operative Banks Dear Sir, Section 42(1) of Reserve Bank of India Act, 1934 Maintenance of Cash Reserve Ratio (CRR) Please refer to our Circular UBD (PCB).No.3/12.03.000/2009-10 dated April 21, 2010 on the captioned subject. 2. The Reserve Bank in its Third Quarter Review… Read More
RBI/2011-12/363 Ref: DBOD.No.Ret.BC.74 /12.01.001/2011-12 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Maintenance of CRR Please refer to our Circular DBOD.No.Ret.BC.90/12.01.001/2009-10 dated April 20, 2010 on the captioned subject. 2. The Reserve Bank in its Third Quarter Review of Monetary Policy 2011-12 issued on January… Read More
The Union Finance Minister Shri Pranab Mukherjee has said that on account of the global impact, the Indian economy was facing areas of concern and to address them appropriate policy instruments were required. The Finance Minister Shri Mukherjee was addressing the First meeting of the Consultative Committee attached to his Ministry here yesterday during the… Read More
The Competition Commission of India (CCI) Chairman Shri Ashok Chawla has pointed out that competition advocacy is a critical function of competition agencies as it has a very important role to play in creating ˜competition culture™ in the economies. Addressing a one day long an international workshop organised yesterday in collaboration with Organisation for Economic… Read More
Government of India Ministry of Finance (Department of Revenue) **** Notification No. 05 /2012- Customs (N.T.) G.S.R. (E). - In exercise of the powers conferred by sub-section (2) of section 9 AA of the Custom Tariff Act 1975 (51 of 1975), the Central Government hereby makes the following rules, namely:- 1. Short title, extent and… Read More
Government of India Ministry of Finance (Department of Revenue) **** Notification No.5 /2012- Customs (N.T.) New Delhi, the19th January, 2012 G.S.R. (E). - In exercise of the powers conferred by sub-section (2) of section 9 AA of the Custom Tariff Act 1975 (51 of 1975), the Central Government hereby makes the following rules, namely:- 1.… Read More
CIR/MRD/DSA/04/2012 January 20, 2012 To The Managing Director/Executive Director of all Stock Exchanges. Dear Sir / Madam, Subject: Composition of arbitration committee 1. SEBI, vide its various communications has mandated all stock exchanges that not be more than twenty percent of the members of the arbitration committee shall be trading members. 2. It has now been decided… Read More
CIR/MRD/DSA/03/2012 January 20, 2012 To The Managing Director/Executive Director of all Stock Exchanges. Dear Sir / Madam, Subject: Investor Grievance Redressal Mechanism at Stock Exchanges 1. SEBI, vide circular Ref. No. SMD/POLICY/CIR-32/97 dated December 03, 1997 had mandated all stock exchanges to open/maintain at least one investor service centre for the benefit of the public/Investors. Such centres are… Read More
CIR/MRD/DP/ 02/2012 January 20, 2012 To All Stock Exchanges. Dear Sir, Sub: Trade controls in Normal Trading Session for Initial Public Offering (IPO) and other category of scrips. 1. SEBI vide circular no. SMD/SED/RCG/271/96 dated January 19, 1996, inter-alia, prescribed no price bands for scrips on the first day of trading pursuant to IPO. Further SEBI vide circular… Read More
CIRCULAR CIR/MRD/DP/ 01/2012 January 20, 2012 The Managing Director and CEO The Managing Director Bombay Stock Exchange Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (E) Mumbai - 400001 Mumbai - 400 051 Dear Sir, Sub: Call Auction in Pre-open session for Initial Public Offering… Read More
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