Guidelines on trading of Currency Futures and Exchange Traded Currency Options in Recognized Stock Exchanges
Notification RBI/2015-16/267 A.P. (DIR Series) Circular No. 35 December 10, 2015 To All Authorised Dealer Category - I Banks Madam / Sir, Guidelines on trading of Currency Futures and Exchange Traded Currency Options in Recognized Stock Exchanges – Introduction of Cross-Currency Futures and Exchange Traded Option Contracts Attention of Authorized Dealers Category – I (AD… Read More
Section 24 and Section 56 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR)
RBI/2015-16/262 DBR.No.Ret.BC.64/12.01.001/2015-16 December 10, 2015 All Commercial Banks, Primary (Urban) Co-operative Banks (UCBs), State and Central Co-operative Banks (StCBs/CCBs) Dear Sir, Section 24 and Section 56 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to circulars DBR.Ret.BC.70/12.02.001/2014-15 and DCBR.BPD.(PCB/RCB).Cir.No.14/16.26.000/2014-15 dated February 03, 2015, on maintenance of Statutory Liquidity… Read More
Inclusion of “IDFC Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
RBI/2015-16/266 DBR.No.Ret.BC. 66/12.07.136A/2015-16 December 10, 2015 All Scheduled Commercial Banks Dear Sir, Inclusion of “IDFC Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “IDFC Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.PSBD. No.5270/16.01.0146/2015-16… Read More
RBI introduces Cross Currency Futures and Exchange Traded Cross Currency Option Contracts
The Reserve Bank of India has issued guidelines for introduction of cross currency futures and exchange traded cross currency option contracts in the currency pairs of Euro (EUR)-US Dollar (USD), Pound Sterling (GBP)-USD and USD- Japanese Yen (JPY). Further, exchange traded option contracts in the currency pairs of EUR-Indian Rupee (INR), GBP-INR and JPY-INR have… Read More
MCA clarifies that 30 Dec 2015, the Extended last day for annual filing forms will not be extended further
The last date for annual filing forms is 30 Dec 2015 and no further extension would be accorded after this date. All stakeholders are requested to complete their filing accordingly, without waiting for the last date to avoid last minute rush. Read More
RBI introduces Cross Currency Futures and Exchange Traded Cross Currency Option Contracts
The Reserve Bank of India has issued guidelines for introduction of cross currency futures and exchange traded cross currency option contracts in the currency pairs of Euro (EUR)-US Dollar (USD), Pound Sterling (GBP)-USD and USD- Japanese Yen (JPY). Further, exchange traded option contracts in the currency pairs of EUR-Indian Rupee (INR), GBP-INR and JPY-INR have… Read More
RBI Intervention in Exchange Traded Currency Derivatives (ETCD)
The Reserve Bank of India intervenes in the domestic foreign exchange market as and when required in order to manage excessive volatility and to maintain orderly conditions in the market. As a further measure it has been decided to intervene in the Exchange Traded Currency Derivatives (ETCD) segment, if required. The data for the ETCD… Read More
Review of Annual Custody / Issuer Charges
CIRCULAR CIR/MRD/DP/18/2015 December 09, 2015 To, The Depositories Dear Sir/ Madam, Subject: Review of Annual Custody / Issuer Charges 1. SEBI vide circular No. MRD/DoP/SE/Dep/Cir-4/2005 dated January 28, 2005 has allowed the custody/issuer charges to be collected by the depositories from the issuers in the manner specified therein. Subsequently, the charges and the methodology were… Read More
Monthly Development Report for Commodity Derivative Exchanges
CIRCULAR CIR/CDMRD/DEA/4/2015 December 9, 2015 To The Managing Directors / Chief Executive Officers Of all Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Monthly Development Report for Commodity Derivative Exchanges 1. The Commodity Derivative Exchanges are advised to submit a Monthly Development Report, as per the prescribed format, from the month of April, 2015 onwards… Read More
Outsourcing by Depositories
CIRCULAR CIR/MRD/DP/19/2015 December 09, 2015 To, The Depositories, Dear Sir / Madam, Subject: Outsourcing by Depositories 1. SEBI has vide circular CIR/MIRSD/24/2011 dated December 15, 2011 prescribed Guidelines on Outsourcing of Activities by Intermediaries. These guidelines list out certain principles for outsourcing to be followed by all the intermediaries registered with SEBI. 2. The Depository… Read More
Report on the Revenue Neutral Rate and Structure of Rates for the Goods and Services Tax (GST)
Full Report on the Revenue Neutral Rate and Structure of Rates for the Goods and Services Tax (GST) by the Committee headed by the Chief Economic Adviser (CEA), Dr Arvind Subramanian. Report on the Revenue Neutral Rate and Structure of Rates for the Goods and Services Tax (GST) Read More
Representation on Draft Trade Marks Rules, 2015
ICSI/TMA/2015 December 2, 2015 The Additional Secretary to the Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Udyog Bhawan New Delhi -110011 Dear Sir, Sub: Request for modification in Rule 147 of the Draft Trade Marks Rule, 2015 in alignment with the existing provision of Rule 150 of the… Read More
Income-tax (18th Amendment) Rules, 2015
Government of India Ministry of Finance Department of Revenue [Central Board of Direct Taxes] Income-tax Notification New Delhi, dated 2nd December, 2015 G.S.R. 923(E).─ In exercise of the powers conferred by section 282 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following… Read More
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