Notification & Circulars


Capital and Provisioning Requirements for Exposures to entities with Unhedged Foreign Currency Exposure-Clarifications

 Notification No#RBI/2013-14/620     03 June 2014

RBI/2013-14/620 DBOD.No.BP.BC.116/21.06.200/2013-14 June 3, 2014   The Chairman and Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs and LABs)   Dear Sir,   Capital and Provisioning Requirements for Exposures to entitie..

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Liberalised Remittance Scheme (LRS) for resident individuals-Increase in the limit from USD 75,000 to USD 125,000

 Notification No#RBI/2013-14/624     03 June 2014

RBI/2013-14/624 A.P. (DIR Series) Circular No.138 June 3, 2014   To   All Category – I Authorised Dealer Banks   Madam/Sir,   Liberalised Remittance Scheme (LRS) for resident individuals-Increase in the limit from USD 75,000 to USD 125,000 &nb..

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Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax Act, 1961-UCBs

 Notification No#RBI/2013-14/619     30 May 2014

RBI/2013-14/619 UBD. CO. BPD. PCB. Cir. No. 67/09.50.001/2013-14 May 30, 2014 The Chief Executive Officers of All Primary (Urban) Co-operative Banks   Madam/ Dear Sir,   Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax ..

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Income-tax 6th Amendment Rules, 2014

 Notification No#28     30 May 2014

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)]   GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 30th day of May, 2014 Income-tax   ..

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Crystallization of Inoperative Foreign Currency Deposits

 Notification No#RBI/2013-14/616     28 May 2014

RBI/2013-14/616 A.P. (DIR Series) Circular No.136 May 28, 2014   To All Category - I Authorised Dealer Banks   Madam / Sir,   Crystallization of Inoperative Foreign Currency Deposits   The Reserve Bank of India, in exercise of the powers conferred b..

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Formation of new State of Telangana – Assignment of SLBC Convenorship

 Notification No#RBI/2013-14/617     28 May 2014

RBI/2013-14/617 RPCD.CO.LBS.No.13027/02.01.001/2013-14 May 28, 2014   The Chairman & Managing Director All SLBC Convenor banks   Dear Sir/Madam,   Formation of new State of Telangana – Assignment of SLBC Convenorship   As per The Gazette of ..

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Lending to Public Sector Undertakings

 Notification No#RBI/2013-14/615     28 May 2014

RBI/2013-14/615 UBD.CO.BPD.(PCB) Cir No. 66/13.05.000/2013-14 May 28, 2014   The Chief Executive Officers All Primary (Urban) Co-operative Banks   Madam / Dear Sir,   Lending to Public Sector Undertakings   It has been observed that a few Urban Cooper..

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Lending to Public Sector Undertakings

 Notification No#RBI/2013-14/615     28 May 2014

RBI/2013-14/615 UBD.CO.BPD.(PCB) Cir No. 66/13.05.000/2013-14 May 28, 2014   The Chief Executive Officers All Primary (Urban) Co-operative Banks   Madam / Dear Sir,   Lending to Public Sector Undertakings   It has been observed that a few Urban Cooper..

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Rounding off transactions to the Nearest Rupee by NBFCs

 Notification No#RBI/2013-14/609     27 May 2014

RBI/2013-14/609 DNBS.CC.PD.No.377/03.10.01/2013-14 May 27, 2014   To All Non-Banking Financial Companies   Dear Sir,   Rounding off transactions to the Nearest Rupee by NBFCs   It has come to the notice of the Reserve Bank that some non-banking fina..

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Issue of Pre-paid Payment Instruments-UCBs

 Notification No#RBI/2013-14/607     27 May 2014

RBI/2013-14/607 UBD.CO.BPD.PCB.Cir. No. 65/09.69.000/2013-14 May 27, 2014   The Chief Executive Officers of All Primary (Urban) Co-operative Banks   Dear Sir / Madam,   Issue of Pre-paid Payment Instruments-UCBs   Please refer to circular UBD (PC..

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