Master Circulars – Miscellaneous Instructions to NBFC- ND-SI
RBI/2013-14/45 DNBS (PD) CC No.343/03.10.001/2013-14 July 1, 2013 To All Non-Banking Financial Companies (NBFCs) Dear Sirs, Master Circulars- Miscellaneous Instructions to NBFC- ND-SI In order to have all current instructions in one place, the Reserve Bank of India has consolidated all the instructions issued during the year ended June 30, 2013. The circular seeks to… Read More
Master Circular – Frauds Future approach towards monitoring of frauds in NBFCs
RBI/2013-14/39 DNBS.PD.CC. No.337/03.10.042/2013-14 July 1, 2013 All Deposit taking NBFCs (including RNBCs) and NBFC-ND-SI Dear Sirs, Master Circular - Frauds Future approach towards monitoring of frauds in NBFCs As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India had issued a Master Circular… Read More
Master Circulars- Miscellaneous Instructions to All Non-Banking Financial Companies
RBI/2013-14/46 DNBS(PD).CC.No 344./03.02.001/2013-14 July 1, 2013 To, All Non-Banking Financial Companies (NBFCs) Dear Sirs, Master Circulars - Miscellaneous Instructions to All Non-Banking Financial Companies In order to have all current instructions in one place, the Reserve Bank of India has issued master circulars to NBFCs on various subjects. It is advised that Miscellaneous Directions /… Read More
Master Circular Regulatory Framework for Core Investment Companies(CICs)
RBI/2013-14/48 DNBS (PD) CC No. 345 / 03.02.001/ 2013-14 July 1, 2013 All Core Investment Companies Dear Sirs, Master Circular Regulatory Framework for Core Investment Companies(CICs) As you are aware, in order to have all current instructions on the subject at one place, the Reserve Bank of India issues updated circulars / notifications. The instructions on… Read More
External Commercial Borrowings (ECB) Policy Refinancing / Rescheduling of ECB
RBI/2013-14/133 A.P. (DIR Series) Circular No.10 July 11, 2013 To All Category - I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy Refinancing / Rescheduling of ECB Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 112 dated April 20, 2012 relating to ECB. 2. On a… Read More
Trade Credits for Imports into India Review of all-in-cost ceiling
RBI/2013-14/132 A.P. (DIR Series) Circular No.9 July 11, 2013 To All Category - I Authorised Dealer Banks Madam / Sir, Trade Credits for Imports into India Review of all-in-cost ceiling Attention of Category-I Authorized Dealer banks is invited to the A.P. (DIR Series) Circular No. 98 dated April 09, 2013 relating to all-in-cost ceiling of Trade Credits… Read More
Assignment of Lead Bank Responsibility in districts of Metropolitan Areas
RBI/2013-14/130 RPCD.CO.LBS.BC.No.12/02.08.001/2013-14 July 11, 2013 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Assignment of Lead Bank Responsibility in districts of Metropolitan Areas Please refer to paragraph 70 of Monetary Policy Statement 2013-14, in terms of which it was decided to bring all districts in metropolitan areas under the fold of the lead bank scheme.… Read More
Survey on Foreign Collaboration in Indian Industry: 2007- 2010
The Reserve Bank of India today released, on its website, the data related to the results of the Survey on Foreign Collaboration in Indian Industry: 2007-2010. The survey captures comprehensive information relating to the nature, pattern, and operations of Indian companies having technical collaboration with foreign companies valid during the period April 2007 to March 2010 or part… Read More
PM Speak :: Manufacturing, Science & Technology critical for growth strategy
Following is the text of Prime Minister, Dr Manmohan Singh™s remarks at the meeting of the High Level Committee on Manufacturing, in New Delhi today: Today, we have discussed some important areas which are critical for the growth of manufacturing in our country and also for keeping our country at the frontiers of science &… Read More
Jammu & Kashmir Plan for 2013-14 Finalized
The Annual Plan for 2013-14 for the State of Jammu & Kashmir was finalised today at a meeting between ShriMontek Singh Ahluwalia, Deputy Chairman, Planning Commission and Shri. Omar Abdullah, Chief Minister of Jammu & Kashmir. The Plan size has been agreed at Rs. 7,300crore. In addition, Rs 600 crore would be considered for PMRP (… Read More
CLR Snippets | Direct Tax Collection for June Quarter
Gross direct tax collection during April-June of the F.Y. 2013-14 is up by 11.52 percent at Rs. 1,23,993 crore as against Rs. 1,11,183 crore in the same period last year. While gross collection of Corporate taxes has shown an increase of 7.82 percent (Rs. 76,115 crore as against Rs. 70,594 crore last year), gross collection of… Read More
Forex Earnings from Tourism Rise
Foreign Exchange Earnings from Tourism Increases by Rs. 551 Crore in June 2013 Foreign Tourist Arrivals also Goes up by 2.5% During the Month Foreign Exchange Earnings (FEEs) from tourism in Rupee terms in June, 2013 rose by Rs. 551 Crore in comparison to June, 2012. Foreign Tourist Arrivals ( FTAs) in June, 2013 was 4.44 lakh… Read More
Draft National Sports Development Bill, 2013
Government has been highlighting for some time now the need for bringing about reforms in the management and governance of sports in order to make it more responsive, responsible and result oriented. In view of above, a draft bill was formulated and placed before the Cabinet on 30/08/2011. The Cabinet decided that for facilitating better management of sports… Read More
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