Others Notification & Circulars


Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) Deposits

 Notification No#DBOD.Dir.BC. 59/13.03.00/2011-12     23 November 2011

  RBI/2011-12/275 DBOD.Dir.BC. 59/13.03.00/2011-12 November 23, 2011 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) Deposits 1. Interest Rates on Non-Resident (External) Rupee (NRE) Depo..

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RBI hikes Interest Rates on NRE and FCNR(B) Deposits

 Notification No#--     23 November 2011

Interest Rates on Non-Resident (External) Rupee (NRE) Deposits   In view of the prevailing market conditions, it has been decided that until further notice and with effect from close of business in India as on November 23, 2011, the interest rates on Non- Resident (External) Rupee (NRE) Ter..

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StCBs/DCCBs - Payment of Cheques/Drafts/Pay Orders/Banker's Cheques

 Notification No#RPCD.CO RCB. AML.BC.No.32/07.40.00/2011-12     22 November 2011

  RBI/2011-12/270 RPCD.CO RCB. AML.BC.No.32/07.40.00/2011-12 November 22, 2011 The Chairmen / CEOs of All State and Central Co-operative Banks Dear Sir, Payment of Cheques/Drafts/Pay Orders/Banker's Cheques   In India, it has been the usual practice among bankers to make p..

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Foreign Investments in Infrastructure Debt Funds

 Notification No#A.P. (DIR Series) Circular No. 49     22 November 2011

  RBI/2011-12/271 A.P. (DIR Series) Circular No. 49 November 22, 2011 To, All Category – I Authorised Dealer banks Madam / Sir, Foreign Investments in Infrastructure Debt Funds   Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to S..

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NBFCs - Infrastructure Debt Funds

 Notification No#DNBS.PD.CC.No.249/03.02.089/2011-12     21 November 2011

 RBI/2011-12/268 DNBS.PD.CC.No.249/03.02.089/2011-12 November 21, 2011   To All NBFCs excluding RNBCs Infrastructure Debt Funds (IDFs)   The Finance Minister had in his budget speech for the year 2011-2012 announced the setting up of Infrastructure Debt Funds (IDFs), to fac..

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Banks as sponsors to Infrastructure Debt Funds

 Notification No#DBOD.FSD.BC.No. 57/24.01.006/2011-12     21 November 2011

RBI/2011-12/269 DBOD.FSD.BC.No. 57/24.01.006/2011-12 November 21, 2011 The Chairmen and Managing Directors / Chief Executive Officers of All Scheduled Commercial Banks (Excluding RRBs)   Dear Sir, Banks as sponsors to Infrastructure Debt Funds (IDFs)   In order to accele..

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Direct Access to Negotiated Dealing System-Order Matching (NDS-OM)

 Notification No#IDMD.DOD.No.13 /10.25.66/2011-12     18 November 2011

 RBI/2011-12/265 IDMD.DOD.No.13 /10.25.66/2011-12 November 18, 2011 To All SGL/CSGL Account holders, Dear Sir/Madam, Direct Access to Negotiated Dealing System-Order Matching (NDS-OM) Please refer to our circular IDMD.DOD.No. 5893 /10.25.66/ 2007-08 dated May 27, 2008 on acces..

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“Set-off” of export receivables against import payables - Liberalization of Procedure

 Notification No#A.P. (DIR Series) Circular No. 47     17 November 2011

 RBI/2011-12/264 A.P. (DIR Series) Circular No. 47 November 17, 2011 To All Category – I Authorized Dealer Banks Madam/Sir, “Set-off” of export receivables against import payables- Liberalization of Procedure Attention of Authorized Dealer Category – I (AD Cate..

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NEFT - Access Criteria for Regional Rural Banks (RRBs)

 Notification No#DPSS (CO) EPPD No. /838/04.03.01/2011-12     17 November 2011

 RBI/2011-12/263 DPSS (CO) EPPD No. /838/04.03.01/2011-12 November 17, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks / Regional Rural Banks Madam / Dear Sir, NEFT - Access Criteria for Regional Rural Banks (RRBs) Please refer to our&n..

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UCBs - Repayment of Term/Fixed Deposits in banks

 Notification No#UBD.BPD.(PCB)CIR No. 11/13.01.000/2011-12     17 November 2011

 RBI/2011-12/261 UBD.BPD.(PCB)CIR No. 11/13.01.000/2011-12 November   17, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir, Repayment of Term/Fixed Deposits in banks It has come to our notice that some banks insist on the signatures of both t..

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