RBI Circular - Auction of Government of India Dated Securities
Posted Date : 23-Nov-2015 , 07:01:19 pm | Posted By: Aarti Sharma
RBI/2015-16/244
Ref. No. IDMD/1130/08.02.032/2015-16
November 23, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue) five dated securities for notified amount of Rs 15,000 crore as per the following details:
Sr No
Security
Notified...
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RBI Circular - Internet Banking Facility for Customers of Regional Rural Banks
Posted Date : 19-Nov-2015 , 06:38:57 pm | Posted By: Aarti Sharma
RBI/2015-16/242
DBR.RRB.BC.No. 59/31.01.001/2015-16
November 19, 2015
All Regional Rural Banks
Dear Sir/Madam,
Internet Banking Facility for Customers of Regional Rural Banks
Presently, Regional Rural Banks (RRBs) are not permitted to provide internet banking facilities to their customers. With a view to enhancing customer service and taking into account demand for such services, it has been decided to allow RRBs to extend the facility of internet banking to their customers. The ...
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RBI Circular - Priority Sector Lending – Targets and Classification
Posted Date : 19-Nov-2015 , 06:38:04 pm | Posted By: Aarti Sharma
RBI/2015-16/241
FIDD.CO.Plan.BC. 13/04.09.01/2015-16
November 18, 2015
The Chairman/ Managing Director
Chief Executive Officer
[All Scheduled Commercial Banks
(excluding Regional Rural Banks)]
Dear Sir/ Madam,
Priority Sector Lending – Targets and Classification
It was communicated vide ourCircular No. FIDD.CO.Plan.BC.08/04.09.01/2015-16 dated July 16, 2015on the captioned subject, that the system-wide average of the last three years achievement with regard to overall di...
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RBI Circular - Prior Approval for acquisition of shares or voting rights in Private Sector Banks: Directions, 2015
Posted Date : 19-Nov-2015 , 06:37:21 pm | Posted By: Aarti Sharma
RBI/2015-16/240
Master Direction No.DBR.PSBD.No.56/16.13.100/2015-16
November 19, 2015
Prior Approval for acquisition of shares or voting rights in Private Sector Banks: Directions, 2015
In exercise of the powers conferred by Sections 21 and 35 A of the Banking Regulation Act, 1949 and pursuant to the Section 12B of the Banking Regulation Act, 1949 as amended by Banking Amendment Act 2012, the Reserve Bank of India being satisfied that it is necessary and expedient in the public intere...
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RBI Circular - Provision of Factoring Services by Banks - Review
Posted Date : 19-Nov-2015 , 06:36:24 pm | Posted By: Aarti Sharma
RBI/2015-16/239
DBR.No.FSD.BC. 58/24.01.007/2015-16
November 19, 2015
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/Madam
Provision of Factoring Services by Banks - Review
Please refer to ourcircular DBR.No.FSD.BC.32/24.01.007/2015-16 dated July 30, 2015on Provision of Factoring Services by banks- Review.
2. In paragraph 4(a), it has been mentioned that in order to ensure that the bank offering factoring services has enough margin to cover any deficiencies in the p...
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RBI Circular - Non-Operative Financial Holding Company (NOFHC)
Posted Date : 19-Nov-2015 , 06:35:07 pm | Posted By: Aarti Sharma
RBI/2015-16/238
DBR.No.BP.BC.57/21.06.201/2015-16
November 19, 2015
All Scheduled Commercial Banks
(Excluding Local Area Banks
and Regional Rural Banks)
Madam / Sir,
Non-Operative Financial Holding Company (NOFHC) – Application of Capital Adequacy Norms
Please refer to theGuidelines for Licensing of New Banks in the Private Sector issued on February 22, 2013. The guidelines inter alia require setting up of wholly-owned Non-Operative Financial Holding Company (NOFHC) by el...
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RBI Circular - Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Apna Sahakari Bank Ltd, Mumbai
Posted Date : 19-Nov-2015 , 06:34:04 pm | Posted By: Aarti Sharma
RBI/2015-16/237
DCBR CO. BPD.BC. No.7/16.05.000/2015-16
Kartik 28, 1937
November 19, 2015
All Banks
Dear Sir/Madam
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Apna Sahakari Bank Ltd, Mumbai
We advise that the name of “Apna Sahakari Bank Ltd., Mumbai" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.CO.BPD.01/16.05.000/2015-16 dated July 28, 2015 published in the Gazette of India vi...
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RBI Circular - Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)
Posted Date : 19-Nov-2015 , 06:33:14 pm | Posted By: Aarti Sharma
RBI/2015-16/236
DCBR.BPD. (PCB).Cir.No. 8/16.20.000/2015-16
Kartik 28, 1937
November 19, 2015
The Chief Executive Officers of
All Primary (Urban) Co-operative Banks
Dear Sir/ Madam
Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)
Please refer to the guidelines contained in ourcircular BPD. PCB. Cir. 46 / 16.20.00 /2002-03 dated May 17, 2003andUBD (PCB) BPD Cir No: 47 /16.20.000/2008-09 dated January 30, 2009on the captioned subject.
2. On a...
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PVAT - Last date of e-filing of VAT-20 has been extended till 30/11/2015
Posted Date : 19-Nov-2015 , 06:00:15 pm | Posted By: CASANSAAR
last date of e-filing of VAT-20 for the year 2014-15 has been extended till 30th November, 2015...
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MCA releases new Form MGT 7 with more clarifications
Posted Date : 19-Nov-2015 , 07:26:20 am | Posted By: CASANSAAR
In exercise of the powers conferred under sub-sections (2) and (3) of section 92 read with sub-sections (1) and (2) of section 469 of the Companies Act 2013(18of2013), the Central Government hereby makes the following rules further to amend the Companies (Management and Administration) Rules. 2014, namely:-
CLICK HERE......
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RBI Circular - Auction of Government of India Dated Securities
Posted Date : 17-Nov-2015 , 06:10:05 pm | Posted By: Aarti Sharma
RBI/2015-16/234
Ref. No. IDMD/1063/08.02.032/2015-16
November 16, 2015
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks /All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue) four dated securities for notified amount of Rs 15,000 crore as per the following details:
Sr No
Security
Notifie...
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Accounting code for payment of Swachh Bharat Cess
Posted Date : 17-Nov-2015 , 08:37:22 am | Posted By: CASANSAAR
Circular No. 188/7/2015-ST
Dated the 16thNovember, 2015
F. No. 354/129/2015-TRU (Pt.)
Government of India
Ministry of Finance
Department of Revenue
(Tax Research Unit)
***.
To
Principal Chief Commissioners of Customs and Central Excise(All)
Principal Chief Commissioners of Central Excise & Service Tax (All)
Principal Director Generals of Goods and Service Tax/System/CEI
Director General of Audit/Tax Payer Services,
Principal Commissioners/ Commissioners of Customs and ...
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Due date for e-filing of returns further extended to Nov 30, 2015 for e-commerce dealers of Delhi
Posted Date : 15-Nov-2015 , 09:13:57 am | Posted By: CASANSAAR
In partial modification of Notification No.F.3(515)/Policy/VAT/2015/870-81 dated 12/10/2015, I, S.S.Yadav, Commissioner, Value Added Tax in exercise of the powers conferred under section 27 of the Delhi Value Added Tax Act,2004, do hereby extend the last date for fl~lngof online returns for the L" and 2 nd quarters of the year 2015-16, in Forms EC-II and ECiii to 30/11/2015....
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Speedy disbursal of pending refund claims of exporters of services under rule 5 of the CENVAT Credit Rules, 2004
Posted Date : 10-Nov-2015 , 05:17:44 pm | Posted By: Aarti Sharma
Speedy disbursal of pending refund claims of exporters of services under rule 5 of the CENVAT Credit Rules, 2004 - Service Tax...
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Service Tax |
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RBI Circular - Payment of agency commission – Certification of claims by external auditors
Posted Date : 10-Nov-2015 , 05:07:03 pm | Posted By: Aarti Sharma
RBI/2015-16/233
DGBA.GAD.No. 1636/31.12.010/2015-16
November 10, 2015
The Chairman / Chief Executive Officer
All agency banks
Dear Sir / Madam
Payment of agency commission – Certification of claims by external auditors
Please refer to our circulars DGBA.GAD.No.2528/31.12.010(C)/2012-13 andDGBA.GAD.No.H-2995/31.12.010/2014-15dated October 31, 2012 and January 7, 2015 respectively prescribing the format for certification of agency commission claims by external auditors (Char...
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Companies (Share Capital and Debentures) Third Amendment Rules, 2015
Posted Date : 10-Nov-2015 , 08:51:31 am | Posted By: CASANSAAR
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 6th November, 2015
G.S.R. 841(E).-In exercise of the powers conferred bysub-sections (1) and (2) of Section 469of theCompanies Act, 2013 (18 of 2013),the Central Government hereby makes the following rules further to amend theCompanies (Share Capital and Debentures) Rules, 2014, namely:-
1. (1) These rules may be called the Companies (Share Capital and Debentures) Third Amendment Rules, 2015.
(2) They shall come into f...
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Swach Bharat Cess Notification No. 22/2015
Posted Date : 06-Nov-2015 , 06:23:25 pm | Posted By: Aarti Sharma
[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)
New Delhi, the 6thNovember, 2015
NotificationNo.22/2015-Service Tax
G.S.R. ---(E).-In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) read with sub-section (5) of section 119 of the Finance Act, 2015 (20 of 2015), the Central Government, being satisfied that it is necessa...
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Swach Bharat Cess
Posted Date : 06-Nov-2015 , 06:21:48 pm | Posted By: Aarti Sharma
[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)
New Delhi, the 6thNovember, 2015
NotificationNo. 21/2015-Service Tax
G.S.R. ---(E).-In exercise of the powers conferred by sub-section (1) of section 119 of the Finance Act, 2015 (20 of 2015), the Central Government hereby appoints the 15thday of November, 2015 as the date with effect from which the provisions of Chapter V...
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RBI Circular - Relaxation of facilities for residents for hedging of foreign currency borrowings
Posted Date : 05-Nov-2015 , 06:25:01 pm | Posted By: Aarti Sharma
RBI/2015-16/232
A.P. (DIR Series) Circular No. 28
November 5, 2015
To,
All Authorised Dealer Category – I banks
Madam / Sir,
Risk Management & Inter-Bank Dealings: Relaxation of facilities for residents for hedging of foreign currency borrowings
Attention of Authorised Dealers Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No.FEMA/25/RB-2000 dated...
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RBI Circular - Software Export – Filing of bulk SOFTEX-further liberalisation
Posted Date : 05-Nov-2015 , 06:22:30 pm | Posted By: Aarti Sharma
RBI/2015-16/231
A.P. (DIR Series) Circular No.27
November 05, 2015
To,
All Authorised Dealer Category – I Banks
Madam/ Sir
Software Export – Filing of bulk SOFTEX-further liberalisation
Attention of Authorised Dealers is invited toA.P. (DIR Series) Circular No. 80 dated February 15, 2012,A.P. (DIR Series) Circular No. 66 dated January 01, 2013andA.P. (DIR Series) Circular No. 43 dated September 13, 2013, in terms of which a software exporter, whose annual turnover ...
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RBI Circular - Switching from Barter Trade to Normal Trade at the Indo-Myanmar Border
Posted Date : 05-Nov-2015 , 06:21:38 pm | Posted By: Aarti Sharma
RBI/2015-16/230
A. P. (DIR Series) Circular No. 26
November 05, 2015
To
All Authorised Dealers in Foreign Exchange
Madam / Sir,
Switching from Barter Trade to Normal Trade at the Indo-Myanmar Border
Attention of the Authorised Dealers is invited to A.D. (G.P. Series) Circular No.8 dated May 17, 1997 read withA.P.(DIR Series) Circular No. 17 dated October 16, 2000in terms of which it has been stipulated that the border trade between Myanmar and India may be settled through bart...
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RBI Circular - Internet Banking Facility for Customers of Cooperative Banks
Posted Date : 05-Nov-2015 , 06:20:31 pm | Posted By: Aarti Sharma
RBI/2015-16/229
DCBR.BPD.(PCB/RCB) Cir.No. 6 /19.51.026/2015-16
November 05, 2015
The Chief Executive Officer
All Primary (Urban) Co-operative Banks /
State and Central Cooperative Banks
Madam/Dear Sir,
Internet Banking Facility for Customers of Cooperative Banks
Please refer to our circularUBD.BPD.(SCB).Cir.No.1/09.18.300/2011-12 dated September 26, 2011on ‘Internet Banking for Customers of UCBs’ in terms of which scheduled Urban Cooperative Banks (UCBs) satisfying...
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RBI Circular - Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR
Posted Date : 05-Nov-2015 , 06:19:27 pm | Posted By: Aarti Sharma
RBI/2015-16/228
A. P. (DIR Series) Circular No. 25
November 05, 2015
To,
All Category - I Authorised Dealer Banks
Madam / Sir,
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985
between Government of India and erstwhile USSR
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited toA.P. (DIR Series) Circular No. 10 dated September 03, 2015wherein the Rupee value of the Special Currency Basket was indicated as Rs. 81.3268160 effective from...
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RBI Circular - Inclusion of the name of “Korea Exchange Bank Co., Ltd.†in the Second Schedule to the Reserve Bank of India Act, 1934
Posted Date : 05-Nov-2015 , 06:18:35 pm | Posted By: Aarti Sharma
RBI/2015-16/227
DBR.No.Ret.BC. 51/12.07.135A/2015-16
November 5, 2015
All Scheduled Commercial Banks
Dear Sir,
Inclusion of the name of “Korea Exchange Bank Co., Ltd.” in
the Second Schedule to the Reserve Bank of India Act, 1934
We advise that the name of “Korea Exchange Bank Co., Ltd.” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.2927/23.13.065/2015-16 dated August 28, 2015, published in th...
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RBI Circular - Exclusion of the name of “HSBC Bank Oman S.A.O.G.†from the Second Schedule to the Reserve Bank of India Act, 1934
Posted Date : 05-Nov-2015 , 06:17:39 pm | Posted By: Aarti Sharma
RBI/2015-16/226
DBR.No.Ret.BC. 50/12.07.071A/2015-16
November 5, 2015
All Scheduled Commercial Banks
Dear Sir,
Exclusion of the name of “HSBC Bank Oman S.A.O.G.” from
the Second Schedule to the Reserve Bank of India Act, 1934
We advise that the name of “HSBC Bank Oman S.A.O.G.” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.14566/23.03.029/2014-15 dated April 01, 2015, published in the Gazett...
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RBI Circular - Alteration in the name of “Antwerp Diamond Bank N.V.†to “KBC Bank N.V.†in the Second Schedule to the RBI Act, 1934
Posted Date : 05-Nov-2015 , 06:16:31 pm | Posted By: Aarti Sharma
RBI/2015-16/225
DBR.No.Ret.BC. 49/12.06.118A/2015-16
November 5, 2015
All Scheduled Commercial Banks
Dear Sir,
Alteration in the name of “Antwerp Diamond Bank N.V.” to
“KBC Bank N.V.” in the Second Schedule to the RBI Act, 1934
We advise that the name of “Antwerp Diamond Bank N.V.” has been changed to “KBC Bank N.V.” in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD. No.451/ 23.13.077/2015-16 d...
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RBI Circular - Inclusion of the name of “Industrial Bank of Korea†in the Second Schedule to the Reserve Bank of India Act, 1934
Posted Date : 05-Nov-2015 , 06:15:41 pm | Posted By: Aarti Sharma
RBI/2015-16/223
DBR.No.Ret.BC. 47/12.07.134A/2015-16
November 5, 2015
All Scheduled Commercial Banks
Dear Sir,
Inclusion of the name of “Industrial Bank of Korea” in the
Second Schedule to the Reserve Bank of India Act, 1934
We advise that the name of “Industrial Bank of Korea” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD. No.472/23.13.0158/2015-16 dated July 08, 2015, published in the Gazette o...
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RBI Circular - Inclusion of the name of “Bandhan Bank Limited†in the Second Schedule to the Reserve Bank of India Act, 1934
Posted Date : 05-Nov-2015 , 06:14:28 pm | Posted By: Aarti Sharma
RBI/2015-16/224
DBR.No.Ret.BC. 48/12.07.135A/2015-16
November 5, 2015
All Scheduled Commercial Banks
Dear Sir,
Inclusion of the name of “Bandhan Bank Limited” in the
Second Schedule to the Reserve Bank of India Act, 1934
We advise that the name of “Bandhan Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.PSBD. No.3427/16.01.0145/2015-16 dated September 03, 2015 published in the Gazette of ...
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RBI Circular - Sovereign Gold Bonds, 2015-16 - Operational Guidelines
Posted Date : 05-Nov-2015 , 06:12:03 pm | Posted By: Aarti Sharma
RBI/2015-16/222
IDMD.CDD.No.968/14.04.050/2015-16
November 4, 2015
The Chairman & Managing Director
All Scheduled Commercial Banks
(Excluding RRBs)
Dear Sir/Madam,
Sovereign Gold Bonds, 2015-16 - Operational Guidelines
This has reference to the GoI notification F.No.4(19)-W&M/2014 andRBI circular IDMD.CDD.No.939/14.04.050/2015-16 dated October 30, 2015on the Sovereign Gold Bonds, 2015-16.FAQsin this regard have been placed on our website (www.rbi.org.in). Operational gu...
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RBI Circular regarding Gold Monetisation Scheme, 2015 - Amendment
Posted Date : 04-Nov-2015 , 08:28:25 am | Posted By: CASANSAAR
RBI/2015-16/224
DBR.IBD.BC.52/23.67.003/2015-16
November 3, 2015
All Scheduled Commercial Banks (excluding RRBs)
Dear Sir/Madam,
Gold Monetisation Scheme, 2015 - Amendment
In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, the Reserve Bank of India hereby directs that the Reserve Bank of India (Gold Monetisation Scheme, 2015)Master Direction No.DBR.IBD.No.45/23.67.003 2015-16 dated October 22, 2015be modified as under:
The existing sub p...
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