| Notifications/Circulars |
Category : FEMA |
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Foreign Direct Investment (FDI) into a Small Scale Industrial Undertakings (SSI) / Micro & Small Enterprises (MSE) and in Industrial Undertaking manufacturing items reserved for SSI/MSE
Posted Date : 20-Feb-2014 , 09:35:05 pm | Posted By: CASANSAAR
RBI/2013-14/498A.P. (DIR Series) Circular No.107
February 20, 2014
To
All Category – I Authorised Dealer Banks
Madam / Sir,
Foreign Direct Investment (FDI) into a Small Scale Industrial Undertakings (SSI) / Micro & Small Enterprises (MSE) and in Industrial Undertaking manufacturing items reserved for SSI/MSE
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Schedule 1 of the Foreign Exchange Management (Transfer or Issue of Security by a Person...
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FEMA |
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Facilities to NRIs/PIOs and Foreign Nationals – Liberalisation - Reporting Requirement
Posted Date : 18-Feb-2014 , 09:39:01 pm | Posted By: CASANSAAR
RBI/2013-14/496A.P (DIR Series) Circular No. 106
February 18, 2014
To,All Category- I Authorised Dealer Banks
Madam / Sir,
Facilities to NRIs/PIOs and Foreign Nationals – Liberalisation - Reporting Requirement
Attention of Authorised Dealer Category - I (AD Category - I) banks is invited toA.P. (DIR Series) Circular No. 12 dated November 16, 2006in terms of which the lock-in period of 10 years for remittance of sale proceeds of immovable property was dispensed with and AD Category - I...
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FEMA |
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External Commercial Borrowings (ECB) – Reporting arrangements
Posted Date : 17-Feb-2014 , 07:11:04 am | Posted By: CASANSAAR
RBI/2013-14/495A. P. (DIR Series) Circular No. 105
February 17, 2014
ToAll Category-I Authorised Dealer Banks
Madam / Sir,
External Commercial Borrowings (ECB) – Reporting arrangements
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, notified vide Notification No. FEMA 3/2000-RB dated May 3, 2000, as amended from time to time andA.P. (DIR Series) Circular No.60 da...
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FEMA |
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Import of Gold / Gold Dore by Nominated Banks /Agencies/Entities - Clarifications
Posted Date : 14-Feb-2014 , 07:04:40 am | Posted By: CASANSAAR
RBI/2013-14/493A.P. (DIR Series) Circular No.103
February 14, 2014
To
All Scheduled Commercial Banks which are Authorised Dealers (ADs) inForeign Exchange/ All Agencies nominated for import of gold
Madam / Sir,
Import of Gold / Gold Dore by Nominated Banks /Agencies/Entities - Clarifications
Attention of Authorised Persons is drawn to the Reserve Bank'sA.P. (DIR Series) Circular No. 25 dated August 14, 2013; andA.P. (DIR Series) Circular No. 73 dated November 11, 2013on the captioned subje...
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Category :
FEMA |
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Foreign Direct Investment – Reporting under FDI Scheme: Amendments in form FC-GPR
Posted Date : 13-Feb-2014 , 08:56:55 pm | Posted By: CASANSAAR
RBI/2013-14/490A.P. (DIR Series) Circular No.102
February 11, 2014
To
All Category - I Authorised Dealer banks
Madam / Sir,
Foreign Direct Investment –Reporting under FDI Scheme: Amendments in form FC-GPR
Attention of Authorised Dealers Category-I (AD Category - I) banks is invited to provisions of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations 2000 notified vide Notification No. FEMA 20/2000-RB dated May 3, 2000 (herein...
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FEMA |
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Export of Goods and Services: Export Data Processing and Monitoring System (EDPMS)
Posted Date : 13-Feb-2014 , 08:35:59 pm | Posted By: CASANSAAR
RBI/2013-14/481A.P. (DIR Series) Circular No.101
February 4, 2014
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Export of Goods and Services:Export Data Processing and Monitoring System (EDPMS)
Attention of Authorised Dealers is invited toA. P. (DIR Series) Circular No. 12 dated September 9, 2000in terms of which AD Category – I banks are required to furnish the various returns/statements relating to export of Goods/Services as given underPart C- Authorised Dealer obligati...
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FEMA |
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Third party payments for export / import transactions
Posted Date : 13-Feb-2014 , 08:35:10 pm | Posted By: CASANSAAR
RBI/2013-14/479A.P. (DIR Series) Circular No.100
February 4, 2014
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Third party payments for export / import transactions
Attention of Authorized Dealer Category – I banks is invited toA. P. (DIR Series) Circular No.70 dated November 8, 2013, in terms of which they have been permitted to allow third party payments for export of goods & software / import of goods subject to the conditions stated therein.
2. In view of the dif...
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Category :
FEMA |
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Lending against Gold Jewellery
Posted Date : 20-Jan-2014 , 07:03:00 pm | Posted By: CASANSAAR
RBI/2013-14/453DBOD.BP.BC.No.86 /21.01.023 /2013-14
January 20, 2014
All Scheduled Commercial Banks(excluding RRBs)
Dear Sir,
Lending against Gold Jewellery
Please refer to our circular DBOD.No.BC.138/21.01.023/94 dated November 22, 1994 on ‘Advances against Gold Ornaments and Jewellery for the purpose of Medical Expenses and Meeting Unforeseen Liabilities’, wherein banks were advised that while granting advances against gold ornaments and jewellery, they should observe the ne...
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Category :
FEMA |
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Facilities for Persons Resident outside India – Clarification
Posted Date : 20-Jan-2014 , 07:01:02 pm | Posted By: CASANSAAR
RBI/2013-14/454A.P. (DIR Series) Circular No.96
January 20, 2014
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Facilities for Persons Resident outside India – Clarification
Attention of Authorized 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] andA.P. (DIR Series) Circular No.45 dated October 22, 2012in terms of...
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Category :
FEMA |
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Conversion of External Commercial Borrowing and Lumpsum Fee/Royalty into Equity
Posted Date : 16-Jan-2014 , 07:43:34 pm | Posted By: CASANSAAR
RBI/2013-2014/449A.P. (DIR Series) Circular No. 94
January 16, 2014
To
All Category - I Authorised Dealer banks
Madam/Sir,
Conversion of External Commercial Borrowing and Lumpsum Fee/Royalty into Equity
Attention of Authorised Dealer (AD) banks is invited toA.P. (DIR Series) Circular No. 15 dated October 1, 2004on the captioned subject.
2. In terms of the said circular, an Indian company can issue equity shares against External Commercial Borrowings (ECB) subject to conditions men...
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Category :
FEMA |
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Capital and Provisioning Requirements for Exposures to entities with Unhedged Foreign Currency Exposure
Posted Date : 15-Jan-2014 , 07:37:28 pm | Posted By: CASANSAAR
RBI/2013-14/448DBOD.No.BP.BC. 85 /21.06.200/2013-14
January 15, 2014
The Chairman and Managing Director/Chief Executive OfficerAll Scheduled Commercial Banks(Excluding RRBs and LABs)
Dear Sir,
Capital and Provisioning Requirements for Exposures to entities with Unhedged Foreign Currency Exposure
Please refer to the draft guidelines on the captioned subject issued on July 2, 2013 and paragraph 22 of second quarter review of the monetary policy announced on October 29, 2013 (extract enclosed)...
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Category :
FEMA |
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Clarification- Establishment of Liaison Office/ Branch Office/ Project Office in India by Foreign Entities- General Permission
Posted Date : 15-Jan-2014 , 07:36:43 pm | Posted By: CASANSAAR
RBI/2013-14/447A.P. (DIR Series) Circular No.93
January 15, 2014
To
All Authorised Dealer Category - I Banks
Madam / Dear Sir
Clarification- Establishment of Liaison Office/ Branch Office/ Project Office in India byForeign Entities- General Permission
Attention of Authorised Dealer Category –I (AD Category – I) banks is invited to Regulation 4 ofNotification No.FEMA.22/2000-RB dated May 3, 2000, viz., Foreign Exchange Management (Establishment in India of Branch or Office...
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Category :
FEMA |
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Risk Management and Inter Bank Dealings
Posted Date : 13-Jan-2014 , 08:10:21 pm | Posted By: CASANSAAR
RBI/2013-2014/446A.P. (DIR Series) Circular No. 92
January 13, 2014
All Category - I Authorised Dealer banks
Madam/Sir,
Risk Management and Inter Bank Dealings
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 May 3, 2000) as amended from time to time andA.P. (DIR Series) Circular no. 58 dated December 15, 20...
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Category :
FEMA |
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Provisions under section 6 (4) of Foreign Exchange Management Act, 1999 - Clarifications
Posted Date : 10-Jan-2014 , 08:20:30 am | Posted By: CASANSAAR
RBI/2013-14/440A.P. (DIR Series) Circular No. 90
January 9, 2014
To,
All Category- I Authorised Dealer Banks and Authorised Banks
Madam / Sir,
Provisions under section 6 (4) of Foreign Exchange Management Act, 1999 - Clarifications
Attention of Authorized Dealers is invited to Section 6 (4) of FEMA, 1999 in terms of which a person resident in India may hold, own, transfer or invest in foreign currency, foreign security or any immovable property situated outside India if such currency...
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FEMA |
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Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses
Posted Date : 10-Jan-2014 , 08:19:26 am | Posted By: CASANSAAR
RBI/2013-14/438A. P. (DIR Series) Circular No. 88
January 09, 2014
To,
All Authorised Dealer Category - I Banks
Madam / Sir,
Memorandum of Instructions for Opening and Maintenance of Rupee / ForeignCurrency Vostro Accounts of Non-resident Exchange Houses
Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to Part (B) ofAnnex-Ito the A.P. (DIR Series) Circular No. 28 [A. P. (FL/RL Series) Circular No. 02] dated February 6, 2008 on the captioned subject...
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Category :
FEMA |
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Resident Bank account maintained by residents in India – Joint holder – liberalization
Posted Date : 10-Jan-2014 , 08:18:45 am | Posted By: CASANSAAR
RBI/2013-2014/437A.P. (DIR Series) Circular No. 87
January 9, 2014
To
All Banks Authorised to deal in Foreign Exchange
Madam/Sir,
Resident Bank account maintained by residents in India –Joint holder – liberalization
Attention of Authorised Dealer (AD) banks is invited toA.P.(DIR Series) Circular No.12 dated September 15, 2011in terms of which individuals resident in India were permitted to include non-resident close relative(s) (relatives as defined in Section 6 of the Companie...
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Category :
FEMA |
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Foreign Direct Investment- Pricing Guidelines for FDI instruments with optionality clauses
Posted Date : 10-Jan-2014 , 08:18:00 am | Posted By: CASANSAAR
RBI/2013-2014/436A.P. (DIR Series) Circular No. 86
January 9, 2014
All Category - I Authorised Dealer banks
Madam/Sir,
Foreign Direct Investment- Pricing Guidelines for FDI instruments with optionality clauses
Attention of Authorised Dealers is invited 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, 2000as amended from time to time. In terms of the ex...
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Category :
FEMA |
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External Commercial Borrowings (ECB) Policy – Liberalisation of definition of Infrastructure Sector
Posted Date : 06-Jan-2014 , 08:29:52 pm | Posted By: CASANSAAR
RBI/2013-2014/429A.P. (DIR Series) Circular No. 85
January 6, 2014
To
All Category - I Authorised Dealer banks
Madam/Sir,
External Commercial Borrowings (ECB) Policy – Liberalisation of definition of Infrastructure Sector
Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to theNotification No. FEMA.281/2013-RB dated July 19, 2013published in the Gazette of India vide G.S.R. No. 627 (E) dated September 12, 2013 and to theA.P. (DIR Series) C...
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Category :
FEMA |
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Issue of Non convertible/ redeemable bonus preference shares or debentures - Clarifications
Posted Date : 06-Jan-2014 , 08:28:51 pm | Posted By: CASANSAAR
RBI/2013-2014/428A.P. (DIR Series) Circular No.84
January 6 , 2014
To
All Category - I Authorised Dealer banks
Madam/Sir,
Issue of Non convertible/ redeemable bonus preference shares or debentures - Clarifications
Attention of Authorised Dealers Category- I (AD Category-I) banks is invited to Regulation (2ii) and Regulation 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified videNotification No.FEMA.20/200...
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Category :
FEMA |
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Overseas Direct Investments – Rollover of Guarantees
Posted Date : 03-Jan-2014 , 08:58:47 pm | Posted By: CASANSAAR
RBI/2013-14/427A.P. (DIR Series) Circular No.83
January 3, 2014
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Overseas Direct Investments – Rollover of Guarantees
Attention of the Authorised Dealer (AD - Category I) banks is invited the provisions ofNotification No. FEMA.120/RB-2004 dated July 7, 2004[Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time to time.
2. It has be...
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Category :
FEMA |
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Borrowing and Lending in Rupees - Investments by persons resident outside India in the tax free, secured, redeemable, non-convertible bonds
Posted Date : 24-Dec-2013 , 07:30:41 pm | Posted By: CASANSAAR
RBI/2013-14/416A.P. (DIR Series) Circular No.81
December 24, 2013
ToAll Authorised Dealer Category - I Banks
Madam / Dear Sir
Borrowing and Lending in Rupees - Investments by persons resident outside India in the tax free, secured, redeemable, non-convertible bonds
Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to the Regulation No. 6 (2) of Foreign Exchange Management (Borrowing and Lending in Rupees) Regulations, 2000 (Notification No. FEMA 4/2000-R...
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FEMA |
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External Commercial Borrowings (ECB) by Holding Companies / Core Investment Companies for the project use in Special Purpose Vehicles (SPVs)
Posted Date : 03-Dec-2013 , 07:29:59 pm | Posted By: CASANSAAR
RBI/2013-14/397A.P. (DIR Series) Circular No. 78
December 3, 2013
To
All Authorised Dealer Category I Banks
Madam / Sir
External Commercial Borrowings (ECB) by Holding Companies / Core Investment Companies for the project use in Special Purpose Vehicles (SPVs)
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to theA.P. (DIR Series) Circular No. 5 dated August 1, 2005as amended from time to time relating to the External Commercial Borrowings (ECB).
2. In order to ...
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Category :
FEMA |
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Overseas Foreign Currency Borrowings by Authorised Dealer Banks
Posted Date : 24-Nov-2013 , 09:03:11 am | Posted By: CASANSAAR
RBI/2013-14/377A.P. (DIR Series) Circular No. 77
November 22, 2013
To
All Category - I Authorised Dealer Banks
Madam / Sir
Overseas Foreign Currency Borrowings by Authorised Dealer Banks
Attention of AD category I banks is invited toAP (DIR Series) circulars no. 40 dated September 10, 2013read withAP (DIR Series) Circular no. 61 dated October 10, 2013in terms of which they were permitted to borrow from international/multilateral financial institutions up to 100 percent of their Tier-I capi...
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Category :
FEMA |
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Trade Credit for imports into India- Online submission of data on issuance of Guarantee/Letter of Undertaking (LoU)/Letter of Comfort (LoC) by ADs
Posted Date : 20-Nov-2013 , 10:23:03 am | Posted By: CASANSAAR
RBI/2013-14/374A.P. (DIR Series) Circular No. 75
November 19, 2013
ToAll Category - I Authorised Dealer Banks
Madam / Sir
Trade Credit for imports into India- Online submission of data on issuance of Guarantee/Letter of Undertaking (LoU) /Letter of Comfort (LoC) by ADs
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited toA.P. (DIR Series) Circular No. 87 dated April 17, 2004andA.P. (DIR Series) Circular No. 24 November 1, 2004relating to the Trade Credits for imports...
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Category :
FEMA |
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Foreign investment in India - participation by SEBI registered FIIs, QFIs and SEBI registered long term investors in credit enhanced bonds
Posted Date : 12-Nov-2013 , 08:19:22 am | Posted By: CASANSAAR
RBI/2013-14/368A. P. (DIR Series) Circular No.74
November 11, 2013
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Foreign investment in India - participation by SEBI registered FIIs, QFIs and SEBI registered long term investors in credit enhanced bonds
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 videNotificatio...
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Category :
FEMA |
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Import of Gold by Nominated Banks /Agencies/Entities
Posted Date : 12-Nov-2013 , 08:18:35 am | Posted By: CASANSAAR
RBI/2013-14/367A. P. (DIR Series) Circular No.73
November 11, 2013
To
All Scheduled Commercial Banks which are Authorised Dealers (ADs) inForeign Exchange/ All Agencies nominated for import of gold
Madam / Sir,
Import of Gold by Nominated Banks /Agencies/Entities
Attention of Authorised Persons is drawn to the Reserve Bank’sA.P. (DIR Series) Circular No. 25 dated August 14, 2013on the captioned subject.
2. Government of India and the Reserve Bank of India have been receiving represe...
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Category :
FEMA |
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Foreign Direct Investment in Financial Sector – Transfer of Shares
Posted Date : 11-Nov-2013 , 05:15:26 pm | Posted By: CASANSAAR
RBI/2013-14/366A. P. (DIR Series) Circular No.72
November 11, 2013
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Foreign Direct Investment in Financial Sector – Transfer of Shares
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Regulation 10(A)(v) of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No.FEMA.20/2000-RB dated May 3, 2000, as amended from ...
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FEMA |
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Third party payments for export / import transactions
Posted Date : 11-Nov-2013 , 09:04:52 am | Posted By: CASANSAAR
RBI/2013-14/364A. P. (DIR Series) Circular No.70
November 8 , 2013
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Third party payments for export / import transactions
Attention of Authorized Dealer Category – I banks is invited to various provisions ofFEMA Notification No. 14 dated May 3, 2000dealing with the manner of receipt & payment for trade transactions. Normally payment for exports has to be received from the overseas buyer named in the Export Declaration Form...
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FEMA |
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Amendment to the “Issue of Foreign Currency Convertible Bonds and Ordinary shares (Through Depository Receipt Mechanism) Scheme, 1993”
Posted Date : 11-Nov-2013 , 09:03:44 am | Posted By: CASANSAAR
RBI/2013-14/363A.P. (DIR Series) Circular No. 69
November 8, 2013
To
All Category – I Authorised Dealer Banks
Madam / Sir,
Amendment to the “Issue of Foreign Currency Convertible Bonds and Ordinary shares(Through Depository Receipt Mechanism) Scheme, 1993”
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited toA.P. (DIR Series) Circular No.11 dated September 5, 2005regarding issue of American Depository Receipts (ADRs)/ Global Depository Receipts (GD...
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Category :
FEMA |
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Foreign Direct Investment (FDI) in India –definition of ‘Group Company’
Posted Date : 01-Nov-2013 , 08:33:59 pm | Posted By: CASANSAAR
RBI/2013-14/356A.P. (DIR Series) Circular No.68
November 01, 2013
To
All Category – I Authorised Dealer banks
Madam/Sir,
Foreign Direct Investment (FDI) in India –definition of ‘group company’
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 India) Regulations, 2000 notified by the Reserve Bank videNotification No. FEMA. 20/2000-...
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FEMA |
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