RBI/2015-16/189 Ref No. IDMD/608 /08.02.032/2015-16 September 28, 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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RBI/2015-16/188 DCM (Plg) No.G-6/1128/10.01.24/2015-16 September 24, 2015 The Chairman / Managing Director/ Chief Executive Officer All Banks Dear Sir /Madam Banknotes with new numbering pattern and special features for the visually impaired Reserve Bank of India is issuing Banknotes in Mahatma Gandhi Series 2005 with a new numbering pattern and special features for the visually impaired in ₹ 100, 500 and 1000 denominations (images of bank...

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RBI/2015-16/187 DBR.BP.BC.No.41/21.04.048/2015-16 September 24, 2015 All Scheduled Commercial Banks (excluding RRBs) All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Prudential Norms on Change in Ownership of Borrowing Entities (Outside Strategic Debt Restructuring Scheme) Please refer to ourcircular DBR.BP.BC.No.101/21.04.132/2014-15 dated June 8, 2015on “Strategic Debt Restructuring Scheme (SDR)”, in terms of which ...

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RBI/2015-16/186 DBS. ARS.No. BC. 5/08.91.001/2015-16 September 23, 2015 All Public Sector Banks Dear Sir/Madam, Half yearly/Quarterly Review of Accounts of Public Sector Banks Please refer to our circulars DBS.ARS.No.BC.13/08.91.001/2000-01 dated May 17, 2001, DBS.ARS.No.BC. 4/08.91.001/2001-02 dated October 25, 2001 and DBS.ARS.No. BC.17/08.91.001/2002-03 dated June 5, 2003 on conduct of Half yearly/Quarterly Review of Accounts of Public Sector Banks. 2. It is clarified that ...

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RBI/2015-16/185 A.P. (DIR Series) Circular No.16 September 24, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Processing and settlement of import and export related payments facilitated by Online Payment Gateway Service Providers Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to theA. P. (DIR Series) Circular No.109 dated June 11, 2013read withA.P. (DIR Series) Circular No.17 dated November 16, 2010in terms of which AD Category-I bank...

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RBI/2015-16/184 A.P. (DIR Series) Circular No.15 September 24, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Opening of foreign currency accounts in India by ship-manning / crew-management agencies Attention of Authorised Dealer Category-I (AD Category - I) banks is invited to Regulation 6 of Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2000 notified videNotification No. FEMA 10/2000-RB dated May 3, 2000, as...

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RBI/2015-16/183 DBR.BP.BC.No. 40/21.04.142/2015-16 September 24, 2015 All Scheduled Commercial Banks (excluding RRBs) Partial Credit Enhancement to Corporate Bonds Please refer to the draft guidelines proposing to allow banks to offer partial credit enhancement (PCE) to corporate bonds, issued onMay 20, 2014for comments/ feedback. 2. Taking into account the feedback received, and with a view to encouraging corporates to avail of bond financing, it has been decided to allow banks...

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RBI/2015-16/182 DBR.BP.BC.No.39/21.04.132/2015-16 September 24, 2015 All Scheduled Commercial Banks (excluding RRBs) All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Framework for Revitalising Distressed Assets in the Economy – Review of the Guidelines on Joint Lenders’ Forum (JLF) and Corrective Action Plan (CAP) Please refer to the ‘Framework for Revitalising Distressed Assets in the Economy’ issued on o...

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RBI/2015-16/181 DBS.ARS.BC 4/08.91.020/2015-16 September 24, 2015 The Chairman & Managing Director Public Sector Banks Dear Sir/Madam Constitution of the Audit Committee of the Board We invite a reference to paragraph A(3)(i) of circular DOS.No.BC.14/Admn. /919/16.13.100/95 dated September 26, 1995 on composition of the Audit Committee of the Board (ACB) of Public Sector Banks. In this connection we advise that should a bank have more than one ED, the ED in-charge of inte...

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Circular No. 1006/13/2015-CX dated the 21thSeptember,2015 F.No.96/90/2015-CX.1 Government of India Ministry of Finance, Dept. of Revenue Central Board of Excise and Customs New Delhi ********* dated the 21.09.2015 To Principal Chief Commissioner / Chief Commissioner of Central Excise, Service Tax and Customs (All), Principal Commissioner of Central Excise, Service Tax and Customs (holding charge of Chief Commissioner) (All), Web-master, CBEC M...

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RBI/2015-16/180 Ref. No.IDMD/561/08.02.032/2015-16 September 21, 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 14,000 crore as per the following details: Sr No Security Notified...

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Extension for a period of one month for the High Level Committee on CSR. General Circular No. 13/2015, Dated 16/09/2015....

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RBI/2015-16/178 DBR.Dir.BC.No.38/13.03.00/2015-16 September 16, 2015 All Commercial Banks Dear Sir/Madam Guidelines on Compensation of Chief Executive Officer/ Whole Time Directors – Restrictions under Section 20 of the Banking Regulation Act, 1949 – Loans to Directors Section 20 of Banking Regulation Act, 1949 (B.R. Act, 1949) prohibits banks from granting any loan or advance to any of its Directors. However, in exercise of the powers conferred by clause (a) of the E...

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RBI/2015-16/177 A.P. (DIR Series) Circular No.14 September 16, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 26.24 million to the Government of Republic of Nicaragua Export-Import Bank of India (Exim Bank) has entered into an Agreement dated March 25, 2015 with the Government of Republic of Nicaragua, for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 26.24 million...

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RBI/2015-16/176 DBR.No.FSD.BC.37/24.01.001/2015-16 September 16, 2015 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Equity Investment by Banks – Review Please refer to circulars DBOD BP(FSC) 1854/C-469-89 dated May 27, 1989 and DBOD FSC BC 45/C.469 dated October 15, 1991, in terms of which banks cannot participate in the equity of financial services ventures including stock exchanges, depositories, etc., without obtaining the prior specific approval of t...

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Corporate Affairs Notification New Delhi, dated, the 15thSeptember, 2015 G.S.R.(E). -In exercise of the powers conferred bysections 73and76read with sub-section (1) of section 469of theCompanies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend theCompanies (Acceptance of Deposits) Rules, 2014, namely:-...

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In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), and in supersession of the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2011, except as respects things done or omitbed to be done before such supersession, the Central Government hereby makes the following rules, namely:...

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RBI/2015-16/175 A.P. (DIR Series) Circular No.13 September 10, 2015 To, All Authorised Dealer Category – I Banks Madam/ Sir Trade Credit Policy - Rupee (INR) Denominated trade credit Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to Schedule III to the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000 notified videNotification No. FEMA 3/2000-RB dated May 03, 2000read with Regulation 6(3) of the said ...

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RBI/2015-16/174 A.P. (DIR Series) Circular No.12 September 10, 2015 To All Authorised Persons Madam/Sir, Guidelines for Grant of Authorisation for Additional Branches of FFMC/AD Cat. II Attention of FFMC/AD Cat. II licence holders is invited to paragraph (B) of Annex- I toA.P. (DIR Series) Circular No. 57 dated March 9, 2009on Memorandum of Instructions governing money changing activities, wherein guidelines for grant of authorization for additional branches had been given. ...

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RBI/2015-16/173 A.P. (DIR Series) Circular No.11 September 10, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Exchange Earners’ Foreign Currency (EEFC) Account- Discontinuation of Statement pertaining to trade related loans and advances Attention of Authorized Dealers Category –I (AD Category –I) banks is invited toA.P. (DIR Series) Circular No.78 dated February 14, 2003in terms of which transactions relating to loans/ advances from EEFC accou...

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RBI/2015-16/172 DGBA.GAD.No.990 /15.02.003/2015-16 September 10, 2015 The Chairman/Chief Executive Officer Agency Banks Handling the Scheme of Kisan Vikas Patra, 2014 Dear Sir Procedure for payment of commission by banks to authorised agents on sale of Kisan Vikas Patra Department of Economic Affairs, Ministry of Finance, Government of India has advised, vide Office Memorandum F.No.2/4/2014-N...

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G.S.R...(E). in exercise the power conferred under sub section (1) and (3) of section 128, sub section (3) of section 129, section 133, section 134, subsection (4) of section 135, sub section (1) of section 136, section 137 and section 138 read with section 469 of the companies act 2013 the central govt hereby makes the following rules further to amend the companies (Accounts) Rules 2014, Namely:-...

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S.O.----(E). - In exercise of the powers conlerred by the sub-section (6) of section 129 of the Companies Act, 2013 (18 of 2013), the Central Government hereby, in public interest, directs that paras 5 (ii) (a) (t), s (il) (a) (2),5(ii) (e),5 (iii),5 (viii) (a),5 (viii) (b), 5 (viii) (c) and 5 (viii) (e) relating to Additional lnformation of the General lnstructions for preparation of Statement of Profit and Loss in Schedule III of the Companics Act, 2013 shall not apply to government comPanies ...

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GSR .- (E) In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further alterations in Schedule III (hereinafter referred to as said Schedule) to the said Act, namely:-...

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RBI/2015-16/170 Ref. No. IDMD/475/08.02.032/2015-16 September 7, 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 14,000 crore as per the following details: Sr No Security Notified...

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F. No. DGIT(S)/DIT(S)-2/ITWG on Financial Sector Reporting/12/2015 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No 4/2015 New Delhi, 4th September, 2015 As perSub rule (9)(a) of Rule 114Gof theIncome Tax Rules, 1962(hereunder referred as the Rules), the statement referred to insub-rule (7) of Rule 114Gshall be furnished through online transmission of electronic data to a server designated for this purp...

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RBI/2015-16/169 A.P. (DIR Series) Circular No.10 September 03, 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 Authorised Dealer Category-I (AD Category-I) banks is invited toA.P. (DIR Series) Circular No. 105 dated May 28, 2015wherein the Rupee value of the Special Currency Basket was indicated as Rs. 77.6331180 effective from May 06...

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ln continuation to General Circular No.08/2015 dated 12.06.2015. the last date of filing of Form CRA-4 wihoul any penalty/late fee is hereby extended upto 30'h Septcmber, 2015....

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RBI/2015-16/168 DPSS (CO) RTGS No.492/04.04.002/2015-16 September 1, 2015 The Chairman / Managing Director / Chief Executive Officer of participants of RTGS Madam / Sir, Changes in RTGS time window A reference is invited to the Reserve Bank of Indiapress release number 2015-2016/528 dated August 28, 2015on “Bank Holiday on Second & Fourth Saturdays from September 1; RBI to offer its Support Services to Banks on Working Saturdays”. 2. Accordingly, RTGS will not...

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-In exercise of the powers conferred under sub-section (1) of section 88, sub-section (4) of section 88, sub-section (1) of section 89, sub-section (2) of sedion 89, subsection (6) of section 89, sub-section (1) of section 91, sub-section (2) of section 92, subsection (3) of section 92, section 93, sub-section (1) of section 94, sub-section (4) of section 100, sections 101, 102, 105, 108, sub-section (5) of section 109, Sections 110, 112, 113 subsection (2) of section 114, sectlon 115, sub-secti...

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Category : Companies Act | Comments : 0 | Hits : 1243