Priority Sector Lending Certificates
Posted Date : 08-Apr-2016 , 07:53:25 am | Posted By: CASANSAAR
RBI/2015-16/366
FIDD.CO.Plan.BC.23/04.09.01/2015-16
April 7, 2016
The Chairman/ Managing Director/
Chief Executive Officer
[All Scheduled Commercial Banks
(including Regional Rural Banks)/
Urban Co-operative Banks/ Local Area Banks]
Dear Sir/ Madam,
Priority Sector Lending Certificates
Please refer to Para VIII ofCircular FIDD.CO.Plan.BC 54/04.09.01/2014 – 15 dated April 23, 2015on Priority Sector Lending - Targets and Classifications about introduction of Priority Sect...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1203
|
 |
Applicability of Concentration of Credit/ Investment Norms
Posted Date : 08-Apr-2016 , 07:51:47 am | Posted By: CASANSAAR
RBI/2015-16/363
DNBR (PD) CC.No.077/03.10.001/2015-16
April 7, 2016
All Systemically Important Non- Deposit accepting or Holding
Non-Banking Financial Companies (NBFC-NDSI)
Madam/ Sir,
Applicability of Concentration of Credit/ Investment Norms
In terms of second proviso to sub para (1) of para 24 of the Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015, any non-banking financial company not ...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 989
|
|
Revision of interest rates for Small Savings Schemes
Posted Date : 08-Apr-2016 , 07:50:57 am | Posted By: CASANSAAR
RBI/2015-16/362
DGBA.GAD.3175/15.02.005/2015-16
April 07, 2016
The Chairman/Chief Executive Officer
Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014,
Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004
Dear Sir
Revision of interest rates for Small Savings Schemes
Please refer to ourcircular RBI/2014-15/536 dated April 1, 2015on the above subject. The Government of India, have vide their Office Memorandum (OM) No.F.No. 1/04/2016 –NS.II dated M...
Continue Reading...
Category :
PAN |
Comments :
0 | Hits : 1349
|
|
Oversight of Government Business in Agency Banks
Posted Date : 08-Apr-2016 , 07:50:03 am | Posted By: CASANSAAR
RBI/2015-16/361
DGBA.GAD.No-3147/44.01.001/2015-16
April 07, 2016
The Chairman/ Managing Director/ Chief Executive Officer/
Agency Banks
Dear Sir/ Madam
Oversight of Government Business in Agency Banks
As you are aware, in terms of the agency agreement entered into with agency banks for conduct of government business, the Reserve Bank of India carries out periodical review/inspection of government business. We have so far been conducting such review/inspection at select branches...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 939
|
|
Deendayal Antyodaya Yojana (DAY)-National Urban Livelihoods Mission
Posted Date : 08-Apr-2016 , 07:49:06 am | Posted By: CASANSAAR
RBI/2015-16/360
FIDD.GSSD.CO.BC.No.22/09.16.03/2015-16
April 07, 2016
The Chairman/ Managing Director
All Scheduled Commercial Banks
Dear Sir/Madam,
Deendayal Antyodaya Yojana (DAY)-National Urban Livelihoods Mission
Please refer toMaster circular FIDD.GSSD.CO.BC.No.10/09.16.03/2015-16 dated July 30, 2015on National Urban Livelihoods Mission (NULM) Scheme.
2. With a view to improving the livelihood opportunities for the poor in urban areas, Ministry of Housing and Urban Pover...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1111
|
|
Change in Daily Minimum Cash Reserve Maintenance Requirement
Posted Date : 06-Apr-2016 , 07:55:43 am | Posted By: CASANSAAR
RBI/2015-16/359
DBR.No.Ret.BC.91 /12.01.001/2015-16
April 5, 2016
The Chairperson /CEOs of all Scheduled Commercial Banks/ Regional Rural Banks /
All Scheduled Primary (Urban) Co-operative Banks / All Scheduled State Co-operative Banks
Dear Sir / Madam,
Section 42(1) of the Reserve Bank of India Act, 1934 - Change in
Daily Minimum Cash Reserve Maintenance Requirement
Please refer to ourCircular DBOD.No.Ret.BC.55/12.01.001/2013-14;UBD.BPD.(SCB).CIR No.2/12.03.000/2013-14andRPCD....
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1093
|
|
Change in Bank Rate
Posted Date : 06-Apr-2016 , 07:54:44 am | Posted By: CASANSAAR
RBI/2015-16/358
DBR.No.Ret.BC.90/12.01.001/2015-16
April 05, 2016
The Chairperson / CEOs of all Scheduled and Non-Scheduled Banks
Dear Sir / Madam,
Change in Bank Rate
Please refer to ourcircular DBR.No.Ret.BC.42/12.01.001/2015-16 dated September 29, 2015on the captioned subject.
2. As announced in theFirst Bi-Monthly Monetary Policy Statement 2016-17 dated April 05, 2016, the Bank Rate stands adjusted by 75 basis points from 7.75 per cent to 7.0 per cent with effect from Apri...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 893
|
|
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
Posted Date : 06-Apr-2016 , 07:54:07 am | Posted By: CASANSAAR
RBI/2015-2016/357
FMOD.MAOG. No. 112 /01.01.001/2015-16
April 05, 2016
All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary Dealers
Madam / Sir,
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
As announced in the Monetary policy by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.75 per cent to6.50 per cent.
Further, the...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 908
|
|
Marginal Standing Facility
Posted Date : 06-Apr-2016 , 07:53:09 am | Posted By: CASANSAAR
RBI/2015-2016/356
FMOD.MAOG. No.113 /01.18.001/2015-16
April 5, 2016
All Scheduled Commercial Banks (excluding RRBs)
Madam / Sir,
Marginal Standing Facility
As announced by the Governor today, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 75 basis points from 7.75 per cent to7.00 percentwith immediate effect.
All other terms and conditions of the current MSF scheme will remain unchanged.
Yours sincerely
(M. Rajeshwar Rao)
Chief General Manag...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 857
|
|
Standing Liquidity Facilities for Primary Dealers
Posted Date : 06-Apr-2016 , 07:51:53 am | Posted By: CASANSAAR
RBI/2015-16/355
REF.No.MPD.BC.380 /07.01.279/2015-16
Chaitra 16, 1938 (Sake)
April 5, 2016
To
All Primary Dealers
Dear Sir/Madam,
Standing Liquidity Facilities for
Primary Dealers
Please refer to theFirst Bi-monthly Monetary Policy statement 2016-17 by Dr. Raghuram G Rajan, Governor dated April 5, 2016, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points from 6.75 per cent to 6.50 per cent with immediate effect.
...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 976
|
|
CBDT enables e-filing of ITR 1, ITR-4S and Form 15CA/15CB
Posted Date : 05-Apr-2016 , 08:29:24 am | Posted By: CASANSAAR
In pursuance of the Notification of the Income Tax Returns (ITR) for AY 2016-17 on March 31st, 2016, Central Board of Direct Taxes announces the release of electronic filing of ITRs 1 and 4S on its website https://incometaxindiaefiling.gov.in. Other ITRs will be e-enabled shortly.
Online filing of Appeal before Commissioner (Appeal) using newly notified Form 35 has been enabled for taxpayers mandated to E-file their returns using Digital Signature Certificate. Electronic Verification Code (EV...
Continue Reading...
Category :
CBDT |
Comments :
0 | Hits : 1233
|
|
Gold Monetisation Scheme, 2015
Posted Date : 01-Apr-2016 , 07:16:39 am | Posted By: CASANSAAR
RBI/2015-16/353
DBR.IBD.BC.89/23.67.001/2015-16
March 31, 2016
All Scheduled Commercial Banks (excluding RRBs)
Dear Sir/Madam,
Gold Monetisation Scheme, 2015
In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, theReserve 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...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1012
|
|
Risk Based Supervision – Follow up of Risk Management Systems in Banks
Posted Date : 01-Apr-2016 , 07:15:46 am | Posted By: CASANSAAR
RBI/2015-16/352
DBS.CO.PPD.10887/11.01.005/2015-16
March 31, 2016
The Chairman/ The Chief Executive Officer
All Scheduled Commercial Banks
(Excluding RRBs)
Madam/Dear Sir,
Risk Based Supervision – Follow up of Risk Management Systems in Banks
We invite your kind attention to the provisions contained in ourCircular No. DBS.CO.PPD.BC/14//11.01.005/2003-04dated June 26, 2004, in ter...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 996
|
|
Import of Rough, Cut and Polished Diamonds
Posted Date : 01-Apr-2016 , 07:14:28 am | Posted By: CASANSAAR
RBI/2015-16/351
A.P. (DIR Series) Circular No.57
March 31, 2016
To,
All Authorised Dealer Category – I Banks
Madam/ Sir,
Import of Rough, Cut and Polished Diamonds
Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to theA.P.(DIR Series) Circular No.2 dated July 7, 2014and para no C.12.1(a) ofMaster Direction no. 17 dated January 01, 2016on Import of Goods and Services, in terms of which AD Category - I banks were permitted to approve Clean Cr...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1136
|
|
Foreign Direct Investment (FDI) in India – Review of FDI policy –Insurance sector
Posted Date : 01-Apr-2016 , 07:13:26 am | Posted By: CASANSAAR
RBI/2015-16/350
A.P. (DIR Series) Circular No.58
March 31, 2016
To
All Authorised Dealer Category – I Banks
Madam/Sir,
Foreign Direct Investment (FDI) in India – Review of FDI policy –Insurance sector
Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside In...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1114
|
|
MCA notifies CARO, 2016, applicable on or after April 1, 2015
Posted Date : 31-Mar-2016 , 07:33:15 am | Posted By: CASANSAAR
S.O...............(E).-In exercise of the powers conferred by sub_section (ll) of section 143 of the Companies Act, 2013 (18 of 2013 ) and in supersession of the Companies (Auditor's Report) Order, 2015 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 990 (E), dated the loth April, 2015, except as rcspects things done or omitted to be done before such supersession, the Central (iovernment, aftcr consultation with thc, committce constitu...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 3152
|
|
Companies (Indian Accounting Standards) Amendment Rules, 2016
Posted Date : 31-Mar-2016 , 07:27:59 am | Posted By: CASANSAAR
Companies (Indian Accounting Standards) Amendment Rules, 2016.
CLICK ON THE LINK....
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 1189
|
|
Companies (Accounting Standards) Amendment Rules, 2016
Posted Date : 31-Mar-2016 , 07:26:28 am | Posted By: CASANSAAR
Companies (Accounting Standards) Amendment Rules, 2016
CLICK ON THE LINK......
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 1246
|
|
External Commercial Borrowings (ECB) – Revised framework
Posted Date : 31-Mar-2016 , 07:19:42 am | Posted By: CASANSAAR
RBI//2015-16/349
A.P. (DIR Series) Circular No.56
March 30, 2016
To
All Category-I Authorised Dealer Banks
Madam / Sir,
External Commercial Borrowings (ECB) – Revised framework
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited toA.P. (DIR Series) Circular No.32 dated November 30, 2015and paragraph no. 1.8, 2.2, 2.4.1, 2.4.2, 2.4.5, 2.4.6, 2.5, 2.16 and 2.16.xiii ofMaster Direction No.5 dated January 1, 2016on External Commercial Borrowings, Trade...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1090
|
|
Investment by Foreign Portfolio Investors (FPI) in Government Securities
Posted Date : 29-Mar-2016 , 10:09:45 pm | Posted By: CASANSAAR
RBI/2015-16/348
A.P. (DIR Series) Circular No. 55
March 29, 2016
To,
All Authorised Persons
Madam/ Sir,
Investment by Foreign Portfolio Investors (FPI) in Government Securities
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified videNotification No. FEMA.20/2000- RB dated May 3, 2000, as amended from time to time....
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1047
|
|
Govt. revises Sukanya Samridhi Account Rules
Posted Date : 29-Mar-2016 , 07:11:20 am | Posted By: CASANSAAR
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 18th March, 2016
G.S.R.323(E).- In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), and in supersession of theSukanya Samridhi Account Rules, 2014published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 3rd December, 2014 vide notification of the Government of India in the Ministry of Finance, Department of Economi...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1338
|
|
Special Clearing operations on March 30 and 31, 2016
Posted Date : 29-Mar-2016 , 06:47:11 am | Posted By: CASANSAAR
RBI/2015-16/347
DPSS.CO.CHD.No./2313/03.01.03/2015-16
March 28, 2016
The Chairman and Managing Director / Chief Executive Officer
All Scheduled Commercial Banks including Regional Rural Banks/
Urban Co-operative Banks / State Co-operative Banks /
District Central Co-operative Banks/Local Area Banks
Madam / Dear Sir,
Special Clearing operations on March 30 and 31, 2016
A reference is invited to the circular issued by our Department of Government and Bank Accounts (DGBA.GAD.No.2...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1070
|
|
Companies (Incorporation) Second Amendment Rules, 2016 - MCA
Posted Date : 25-Mar-2016 , 07:32:36 am | Posted By: CASANSAAR
In exercise ofthe powers conferred by sub-sections (1) and (2) ofSection 469 ofthe Companies Act, 2013 (18 of20l3), the Central Govemment hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014, namely:...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 1137
|
|
Diamond Dollar Account (DDA) – Reporting Mechanism
Posted Date : 25-Mar-2016 , 07:28:57 am | Posted By: CASANSAAR
RBI/2015-16/346
A.P. (DIR Series) Circular No.54
March 23, 2016
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Diamond Dollar Account (DDA) – Reporting Mechanism
Attention of Authorized Dealer Category – I (AD Category –I) banks is invited to Part IX, Para 1(e) of the Master Direction on Reporting under Foreign Exchange Management Act, 1999, as updated from time to time, in terms of which AD Category-I banks have been advised to submit quarterly repor...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1156
|
|
Section 23 of Banking Regulation Act, 1949 (AACS) – Extending Value-Added Services through ATMs
Posted Date : 25-Mar-2016 , 07:28:10 am | Posted By: CASANSAAR
RBI/2015-16/345
DCBR.CO.BPD.BC.No.13/19.51.008/2015-16
Chaitra 03, 1938
March 23, 2016
All Primary (Urban) Co-operative Banks /
State Co-operative Banks
Dear Sir / Madam,
Section 23 of Banking Regulation Act, 1949 (AACS) – Extending Value-Added Services through ATMs
Please refer to ourcircular DCBR.CO.LS (PCB) Cir.No.2/07.01.000/2015-16 dated July 30, 2015wherein the services tha...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 984
|
|
Liquidity Risk Management & Basel III Framework on Liquidity Standards
Posted Date : 25-Mar-2016 , 07:27:20 am | Posted By: CASANSAAR
RBI/2015-16/344
DBR.BP.BC.No.86/21.04.098/2015-16
March 23, 2016
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/Madam,
Liquidity Risk Management & Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards
Please refer to our following circulars on Liquidity Risk Framework:
DBOD.BP.No.56/21.04.098/2012-13 dated November 7, 2012on “Liquidity Risk Management by Banks.&...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1077
|
|
Pradhan Mantri Fasal Bima Yojana
Posted Date : 18-Mar-2016 , 07:18:04 am | Posted By: CASANSAAR
RBI/2015-16/341
FIDD.No.FSD.BC.20/05.10.007/2015-16
March 17, 2016
The Chairman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Madam / Dear Sir,
Pradhan Mantri Fasal Bima Yojana
As you are aware, Government of India has recently approved Pradhan Mantri Fasal Bima Yojana (PMFBY) which would replace the existing schemes of National Agricultural Insurance Scheme (NAIS) & Modified National Agricultural Insurance Scheme ...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1047
|
|
Recovery of excess payments made to pensioners
Posted Date : 18-Mar-2016 , 07:16:58 am | Posted By: CASANSAAR
RBI/2015-16/340
DGBA.GAD.No.2960/45.01.001/2015-16
March 17, 2016
The Chairman / Chief Executive Officer
All Agency Banks
Dear Sir,
Recovery of excess payments made to pensioners
We have been receiving complaints from pensioners stating that the recovery of excess/wrong pension payments are being made in a manner that is not in keeping with the extant guidelines. In this connection, the instructions contained in circular Nos. CO.DGBA (NBS) No. 44/GA.64 (11-CVL) 90/91 dated April...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 924
|
|
Participation of Standalone Primary Dealers in Currency Futures Market
Posted Date : 18-Mar-2016 , 07:15:53 am | Posted By: CASANSAAR
RBI/2015-16/339
FMRD.FMD.No. 02.03.183/7/2015-16
March 17, 2016
All Standalone Primary Dealers
Dear Sir,
Participation of Standalone Primary Dealers in Currency Futures Market
A reference is invited toA.P. (DIR Series) Circular No. 05 dated August 06, 2008,in terms of whichpersons resident in India are permitted to participate in the currency futures market in India subject to directions contained i...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1262
|
|
Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs)
Posted Date : 18-Mar-2016 , 07:15:19 am | Posted By: CASANSAAR
RBI/2015-16/338
FIDD.MSME & NFS.BC.No.21/06.02.31/2015-16
March 17, 2016
All Scheduled Commercial Banks
(Excluding RRBs)
Madam / Sir,
Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs)
In order to provide a simpler and faster mechanism to address the stress in the accounts of MSMEs and to facilitate the promotion and development of MSMEs, the Ministry of Micro, Small and Medium Enterprises, Government of India, vide their Gazette Notifica...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 990
|
|
|
|
