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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.


Articles by Shantanu

Master Circular on Maintenance of Statutory Reserves-Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks

RBI/2011-12/40 UBD.PCB. MC.No:15 /12.03.000/2011-12 July 1, 2011 Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Master Circular on Maintenance of Statutory Reserves- Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD CO.PCB.MC.No.15/12.03.000/2010-11 dated July 1, 2010 on the captioned subject. The… Read More

The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003

RBI/2011-2012/35 DNBS (PD) CC. No. 25 / SCRC / 26.03.001/ 2011-2012 July 1, 2011 Notification as amended upto June 30, 2011 - The Securitisation Companies and   Reconstruction Companies  (Reserve Bank)  Guidelines and Directions, 2003 As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of… Read More

List of Terrorist Individuals/Organisations

RBI/2010-11/575 RPCD.CO.RCB.AML.No.14580/07.02.12/2010-11 June 21, 2011 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RCB.AML.No.14447/07.02.12/2010-11 dated June 16, 2011 . We have since received from Government of India (Ministry of External Affairs) copy… Read More

RBI to put the data on Overseas Direct Investment in the public domain

Press Release : 2010-2011/1855 The Reserve Bank of India has decided to put on its website on a monthly basis from July 2011 onwards the outflows on account of Overseas Direct Investment by Indian Companies / Parties as reported by the Authorized Dealers in Form ODI. The report will consist of the following fields, viz.,… Read More

SEBI Periodical Report- Grant of prior approval to Debenture Trustees

CIR/MIRSD/10/2011 To All Debenture Trustees registered with SEBI Dear Sir/ Madam, Sub: Periodical Report- Grant of prior approval to Debenture Trustees 1. SEBI (Debenture Trustees) Regulations, 1993 {hereinafter referred to as "the said Regulations"}, have been  amended vide Notification No. LADNRO/GN/2011-12/03/12650 dated April 19,  2011 {hereinafter referred to as "the said amendment"}, a copy of which is… Read More

New Executive Directors appointed at RBI

Press Release : 2010-2011/1830 Shri P. Vijaya Bhaskar assumed charge as Executive Director of the Reserve Bank of India on June 13, 2011. As Executive Director, Shri Bhaskar will look after Central Security Cell, Department of Banking Supervision and Department of Non-Banking Supervision. Prior to his appointment as Executive Director, Shri Bhaskar was the Regional… Read More

Exim Bank’s Line of Credit to the Government of the Federal Democratic Republic of Ethiopia

RBI/2010-11/568 A.P. (DIR Series) Circular No. 72 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 91 million to the Government of the Federal Democratic Republic of Ethiopia Export-Import Bank of India (Exim Bank) has concluded an Agreement dated February 18, 2011 with the Government of… Read More

LAF Repo/Reverse Repo/Marginal Standing Facility Rates

RBI/2010-11/569 FMD.MOAG. No.60/01.01.01/2010-11 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility Repo and Reverse Repo and Marginal Standing Facility Rates As announced in the Mid-Quarter Monetary Policy Review: June 2011, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from… Read More

SEBI circular on change of name by Listed Companies

CIR/MRD/DP/ 07 /2011 To, All Stock Exchanges Dear Sir/Madam, Sub: Change of Name by Listed Companies 1. Please refer to SEBI Circulars No. SMDRP/Policy/Cir-8/99 dated April 26,1999 and No. SEBI/MRD/Policy/AT/Cir-20/2004 dated April 30, 2004 on thecaptioned subject matter. 2. The aforementioned SEBI circular dated April 30, 2004 required all listed companies seeking change of name… Read More

Modification to Investor Protection Fund (IPF)/ Customer Protection Fund (CPF) Guidelines

CIR/MRD/DP/ 06 /2011 To, All Stock Exchanges Dear Sir / Madam Sub: Modification to Investor Protection Fund (IPF)/ Customer ProtectionFund (CPF) Guidelines 1. SEBI vide circular no MRD/DoP/SE/Cir-38/2004 dated October 28, 2004had issued comprehensive guidelines for regulation of Investor ProtectionFund (IPF)/ Customer Protection Fund (CPF) required to be maintained byStock Exchanges. Further vide circular No.… Read More

Reporting of Offshore Derivative Instruments(ODIs)/ Participatory Notes(PNs)activity

CIR/IMD/FII&C/7/2011 To All Foreign Institutional Investors (FIIs)through their designated Custodians of Securities (Custodians) Dear Sir/Madam, Sub: Reporting of Offshore Derivative Instruments(ODIs)/ Participatory Notes(PNs)activity 1. Please refer to SEBI Circular No. CIR/IMD/FIIC/1/2011 dated January 17, 2011 andSEBI Circular No. CIR/IMD/FIIC/6/2011 dated May 12, 2011 on the captioned subjectwherein the implementation date of the new reporting format… Read More

RBI releases DRG Study on Productivity, Efficiency and Competitiveness of the Indian Manufacturing Sector

Press Release : 2010-2011/1833 The Reserve Bank of India today released a DRG Study entitled, Productivity, Efficiency and Competitiveness of the Indian Manufacturing Sector. The study is co-authored by Prof. Pushpa Trivedi (Indian Institute of Technology Bombay), Shri L. Lakshmanan (Assistant Adviser, Internal Debt Management Department), Dr. Rajeev Jain (Assistant Adviser, Department of Economic and… Read More

RBI opens Urban Banks Department at its Panaji Office

With a view to bestowing focussed attention to urban co-operative banking sector in the state of Goa, the Reserve Bank of India has decided to open an Urban Banks Department in Goa. The Department has started functioning at the Reserve Bank of India, Panaji, Goa from June 17, 2011. Its functional jurisdiction will cover the… Read More

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