Master Circular on Memorandum of Instructions for Opening and Maintenance of Rupee/ Foreign Currency Vostro Accounts of Non-resident Exchange Houses
RBI/2013-14/3 Master Circular No.3/2013-14 July 01, 2013 To, All Authorised Dealer Category-I Banks Madam / Sir, Master Circular on Memorandum of Instructions for Opening and Maintenance of Rupee/ Foreign Currency Vostro Accounts of Non-resident Exchange Houses This Master Circular consolidates the existing instructions on the subject of Memorandum of Instructions for Opening and Maintenance of… Read More
Recommendations of Damodaran Committee on Customer Service in Banks- Uniformity in Intersol Charges
RBI/2013-14/110 DBOD. No. Dir. BC.26/13.03.00/2013-14 July 1, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Recommendations of Damodaran Committee on Customer Service in Banks- Uniformity in Intersol Charges Please refer to paragraph 74 of the Monetary Policy Statement 2013-14 announced on May 3, 2013 (extract enclosed) on ˜Recommendations of Damodaran Committee- Uniformity in… Read More
Revision to the Guidelines on Securitisation Transactions-Reset of Credit Enhancement
RBI/2013-14/111 DBOD.No.BP.BC- 25/21.04.177/2013-14 July 1, 2013 The Chairman and Managing Director / Chief Executive Officer of All Scheduled Commercial Banks (Excluding RRBs and Local Area Banks) and All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Revision to the Guidelines on Securitisation Transactions-Reset of Credit Enhancement Please refer to the… Read More
Master Circular – Disclosure Norms for Financial Institutions
RBI/2013-14/78 DBOD.No.FID.FIC.2/01.02.00/2013-14 July 1, 2013 The CEOs of the All-India Term- lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular - Disclosure Norms for Financial Institutions Please refer to the Master Circular DBOD.No.FID.FIC.2/01.02.00/2012-13 dated July 02, 2012 on the above subject. The enclosed Master Circular consolidates and updates all the instructions / guidelines on… Read More
Master Circular – Resource Raising Norms for Financial Institutions
RBI/2013-14/77 DBOD.No.FID.FIC.1/01.02.00/2013-14 July 1, 2013 The CEOs of the All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular - Resource Raising Norms for Financial Institutions Please refer to Master Circular DBOD.No.FID.FIC.1/01.02.00/2012-13 dated July 02, 2012 on the captioned subject. The enclosed Master Circular consolidates and updates all the instructions / guidelines on… Read More
Master Circular on Credit Card, Debit Card and Rupee Denominated Cobranded Prepaid Card operations of banks
RBI/2013-14/60 DBOD.No.FSD.BC. 4/24.01.011/2013-14 July 1, 2013 Ashadha 10, 1935 (Saka) Dear Sir/Madam Master Circular on Credit Card, Debit Card and Rupee Denominated Cobranded Prepaid Card operations of banks Please refer to the Master Circular No.DBOD.FSD.BC.23/24.01.011/2012-13 dated July 2, 2012 consolidating the instructions/guidelines issued to banks and NBFCs on credit card operations of banks till June 30, 2012.… Read More
Master Circular – Exposure Norms for Financial Institutions
RBI/2013-14/80 DBOD.FID.FIC.No.4/01.02.00/2013-14 July 1, 2013 The CEOs of the All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular - Exposure Norms for Financial Institutions Please refer to the Master Circular DBOD.No.FID.FIC.4/01.02.00/2012-13 dated July 02, 2012 on the captioned subject. The enclosed Master Circular consolidates and updates all the instructions / guidelines on the… Read More
Master Circular on Money Transfer Service Scheme
RBI/2013-14/1 Master Circular No.1/2013-14 July 01, 2013 To All Authorised Persons, who are Indian Agents under the Money Transfer Service Scheme Madam / Sir, Master Circular on Money Transfer Service Scheme Money Transfer Service Scheme (MTSS) is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India. Only inward… Read More
Master Circular on Non-Resident Ordinary Rupee (NRO) Account
RBI/2013-14/2 Master Circular No.2 /2013-14 July 1, 2013 To, All Authorised Dealer Category I banks and Authorised banks Madam / Sir, Master Circular on Non-Resident Ordinary Rupee (NRO) Account The acceptance of deposits by an Authorised Dealer /Authorised bank from persons resident outside India are regulated by the provisions of sub-sections (1) and (2) of… Read More
The Institute of Company Secretaries of India Organizes ICSI Convocation 2013 Southern Region at Chennai
The Institute of Company Secretaries of India (ICSI) organized ICSI Convocation 2013 Southern Region at Chennai to formalize the Award of Associate and Honorary Membership of the Institute and to recognize the achievements of the students in their studies. Dr. R. Thandavan, Vice-Chancellor, University of Madras, awarded the Associate and Honorary Membership of the Institute… Read More
Consultation on the Maternity Benefit Act 1961
Smt. Krishna Tirath, Minister for Women and Child Development will preside over a day long consultation on the Maternity Benefit Act, 1961 tomorrow at Vigyan Bhavan. While Smt. Tirath will deliver the Inaugural Address Shri Sisram Ola, Minister, Labour and Employment will deliver the Keynote Address. Maternity protection is an essential pre-requisite for women™s rights to… Read More
CLR Snippets | Postings in Railway Board
Shri Arunendra Kumar, IRSME, Member (Mechanical), Railway Board has assumed the additional charge of Chairman Railway Board in addition to his own duties w.e.f. 01.07.2013. Shri Kul Bhushan, IRSEE, Member (Electrical), Railway Board will look after the duties of the post of Member (Traffic) Railway Board w.e.f. 01.07.2013 in addition to his own duties. Shri… Read More
CLR Snippets | Next Chief Justice of India Appointed
In exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the President has appointed Shri Justice Palanisamy Sathasivam, Judge of the Supreme Court, to be the Chief Justice of India with effect from 19th July 2013. Read More
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