Community & General Notification & Circulars

Levy of Penal Charges on Non-maintenance of Minimum Balances in Savings Bank Accounts

Notification No#RBI/2014-15/349 12 December 2014

RBI/2014-15/349 DCBR.BPD (PCB/RCB) Cir. No. 3/12.05.001/2014-15 December 12, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks / State and Central Co-operative Banks (St CBs / CCBs) Madam / Dear Sir, Levy of Penal Charges on Non-maintenance of..

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ICSI releases 'Referencer on Pre-certification of e-forms'

02 December 2014

We are happy to inform that the Institute has brought out a publication namely ‘Referencer on Pre-certification of e-forms’ under the Companies Act, 2013. Pre-certification of e-forms is an important area of work for the Company Secretaries in practice. MCA has entrusted com..

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Anti-Money Laundering (AML)/ Combating of Financing of Terrorism (CFT) Standards

Notification No#RBI/2014-15/322 27 November 2014

RBI/2014-15/322 DNBR (PD).CC. No.004/03.10.42 /2014-15 November 27, 2014 All NBFCs Dear Sirs, Anti-Money Laundering (AML)/ Combating of Financing of Terrorism (CFT) Standards Please refer to DNBS (PD).CC.No. 403/03.10.42/2014-15 dated August 1, 2014..

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Routing of funds raised abroad to India

Notification No#RBI/2014-15/316 25 November 2014

RBI/2014-15/316 A.P. (DIR Series) Circular No. 41 November 25, 2014 To All Category – I Authorised Dealer Banks Madam/ Sir, Routing of funds raised abroad to India Attention of Authorised Dealers – Category - I (AD Category &ndas..

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Simplification of Know Your Customer (KYC) Norms – Creating Public awareness

Notification No#RBI/2014-15/314 24 November 2014

RBI/2014-15/314 DPSS.CO.AD.No.890/02.27.005/2014-15 November 24, 2014 All Payment System Providers, System Participants and Prepaid Payment Instrument Issuers Madam/Dear Sir, Simplification of Know Your Customer (KYC) Norms – Creating Public awarenes..

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Credit Card in the name of RBI : RBI cautions Once More about the Newest Kind of Fraud perpetrated in its Name

21 November 2014

The Reserve Bank of India today issued one more alert to the public about the newest form of fraud perpetrated in its name - a credit card issued by fraudsters in the name of the Reserve Bank. Explaining the modus operandi, the Reserve Bank stated that the gullible member of the public is sent a cre..

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External Commercial Borrowings (ECB) Policy – Parking of ECB proceeds

Notification No#RBI/2014-15/309 21 November 2014

RBI/2014-15/309 A.P. (DIR Series) Circular No. 39 November 21, 2014 To All Authorised Dealer Category-I Banks Madam / Sir External Commercial Borrowings (ECB) Policy – Parking of ECB proceeds Attention of Authorized Dealer Category - I (AD Categ..

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Period of Realisation and Repatriation of Export Proceeds – For exporters including Units in SEZs, Status Holder Exporters, EOUs, Units in EHTPs, STPs and BTPs

Notification No#RBI/2014-15/306 20 November 2014

RBI/2014-15/306 A.P. (DIR Series) Circular No. 37 November 20, 2014 To, All Category - I Authorised Dealer Banks Madam / Sir, Export of Goods / Software / Services – Period of Realisation and Repatriation of Export Proceeds – For exporters i..

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Exposure Draft: Measuring Quoted Investments in Subsidiaries, Joint Ventures and Associates at Fair Value

17 November 2014

Exposure Draft: Measuring Quoted Investments in Subsidiaries, Joint Ventures and Associates at Fair Value (Proposed amendments to IFRS 10, IFRS 12, IAS 27, IAS 28 and IAS 36 and Illustrative Examples for IFRS 13) Exposure Draft published by the International Accounting Standards Board (..

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Cheque related fraud cases - preventive measures

Notification No#RBI/2014-15/303 13 November 2014

RBI/2014-15/303 DCBR.CO.BPD.(PCB). Cir No 2/12.05.001/2014-15 November 13, 2014 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Cheque related fraud cases - preventive measures The rise in the number of cheque relate..

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