Notification & Circulars


One Documentary Proof of Address - RBI further simplifies KYC Norms for Bank Accounts

 Notification No#RBI/2013-14/634     09 June 2014

RBI/2013-14/634 DBOD.AML.BC. No. 119/14.01.001/2013-14 June 9, 2014   The Chairperson/CEOs of all Scheduled Commercial Banks (Excluding RRBs)/  Local Area Banks / All India Financial Institutions   Dear Sir/ Madam,   Know Your Customer (KYC) Norms/Anti-Mone..


RRBs - Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)

 Notification No#RBI/2013-14/626     04 June 2014

RBI/2013-14/626 RPCD.CO.RRB.BC.No.106/03.05.33/2013-14 June 4, 2014 The Chairmen All Regional Rural Banks Dear Sir/Madam,   Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)   Please refer to our circular RPCD.CO.RRB..


Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)

 Notification No#RBI/2013-14/622     03 June 2014

RBI/2013-14/622 DBOD.Ret.BC.117/12.02.001/2013-14 June 03, 2014   All Scheduled Commercial Banks  and Local Area Banks (Excluding Regional Rural Banks)   Dear Sir,   Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio ..


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..


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..


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 ..


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   ..

Posted in Income Tax |   1 comments

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..


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..


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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