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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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Regarding import of Opal Glassware from peoples Republic of China and UAE

 Notification No#Notification No103/2011-Customs     23 November 2011

 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]   GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)   Notification No103/2011-Customs      New Delhi, 23rd November, 2011   G...

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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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ECB Policy modified: All-in-cost Ceiling enhanced; ECB raised for Rupee Outlay to be brought in Immediately

 Notification No#--     23 November 2011

 ECB Policy modified: All-in-cost Ceiling enhanced; ECB raised for Rupee Outlay to be brought in Immediately On a review of the developments in the global financial markets and current macro-economic conditions, it has been decided, in consultation with the Government of India, to modify ce..

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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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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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Format for submitting Draft Letter of Offer under Regulation 16 (1) of SEBI (SAST) Regulations, 2011

 Notification No#SEBI/CFD/DCR/SAST/ 3/2011/11/22     22 November 2011

CIRCULAR SEBI/CFD/DCR/SAST/ 3/2011/11/22  November 22, 2011   To, All Registered Merchant Bankers All Recognized Stock Exchanges Dear Sir(s),   Sub: SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (The Regulations)   1. Please refer t..

Posted in Shares & Stock

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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Increase in FII debt limit in Government & Corporate debt category

 Notification No#CIR/IMD/FIIC/ 20 /2011     18 November 2011

CIRCULAR  CIR/IMD/FIIC/ 20 /2011 November 18, 2011   To   All Foreign Institutional Investors through their designated Custodians of Securities   Dear Sir/Madam   Sub – Increase in FII debt limit in Government & Corporate debt category   1. Go..

Posted in Shares & Stock




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