RBI Circular DBOD.No. Leg.BC.81-09.07.005-2007-08 dated 2 May 2008
Scheduled commercial banks-Grievance Redressal Mechanism in banks-The RBI advised the Scheduled Commercial banks to ensure that a suitable mechanism existed for receiving and addressing complaints from its customers [LexDoc Id : 338818]
RBI
2008
RBI Circular DBOD.No. Leg.BC.80-09.07.005-2007-08 dated 2 May 2008
Scheduled commercial banks-Settlement of claims in respect of missing persons-The RBI advised the Scheduled Commercial banks to formulate a policy to enable the banks to settle the claims of a missing person, after consideration [LexDoc Id : 338817]
RBI Circular UBD.(PCB).No. 5-12.03.000-2007-08 dated 30 April 2008
Scheduled Primary (Urban) Co-operative Banks-Increase in CRR-The RBI increased the Cash Reserve Ratio (CRR) of Scheduled Primary (Urban) Co-operative banks from 8.00 per cent to 8.25 percent w.e.f. 24 May 2008. [LexDoc Id : 338736]
RBI
2008
RBI Circular RPCD.CO.RF.No. BC.63-07.02.01-2007-08 dated 29 April 2008
Scheduled state co-operative banks-Increase in CRR-The RBI increased the Cash Reserve Ratio (CRR) of Scheduled State Co-operative banks from 8.00 per cent to 8.25 percent w.e.f. 24 May 2008. This decis [LexDoc Id : 338734]
RBI
2008
RBI Circular DBOD.No. Ret.BC.79-12.01.001-2007-08 dated 29 April 2008
Scheduled commercial banks-Increase in CRR-The RBI increased the Cash Reserve Ratio (CRR) of scheduled commercial banks from 8.00 per cent to 8.25 percent w.e.f. 24 May 2008. This decision had [LexDoc Id : 338712]
RBI
2008
Direct Tax Circular No. 4 dated 28 April 2008
TDS on service tax-Rental income under s.194-I-The CBDT decided that the TDS under sections 194-I of Income Tax Act would be required to be made on the amount of rent paid/payable without including [LexDoc Id : 338729]
CBDT
2008
RBI Circular DBOD.Dir.(Exp).BC.No. 77-04.02.01-2007-08 dated 28 April 2008
Scheduled commercial banks-Interest rate ceiling on rupee export credit-The RBI notified that the validity of interest rates on rupee export credit, which had been notified vide circular DBOD.Dir.(Exp.)No.41/04.02.01/2007- [LexDoc Id : 338583]
RBI
2008
RBI Circular DBOD.Dir.(Exp).BC.No. 76-04.02.01-2007-08 dated 28 April 2008
Scheduled commercial banks-Interest rate ceiling on rupee export credit-The RBI notified that the validity of interest rates on rupee export credit, which had been notified vide circular DBOD.Dir.(Exp.)No.41/04.02.01/2007- [LexDoc Id : 338582]
RBI
2008
RBI A.P.(DIR Series) Circular No. 41 dated 28 April 2008
Foreign investment in Commodity Exchanges-Amendment to the FDI Scheme-The RBI in consultation with Government of India decided to allow foreign investment in Commodity Exchanges. The foreign investment in Commodity Excha [LexDoc Id : 338581]
RBI
2008
RBI A.P.(DIR Series) Circular No. 40 dated 28 April 2008
Foreign investment in Credit Information Companies-Amendment to the FDI Scheme-The RBI in consultation with Government of India decided to allow foreign investment in Credit Information Companies in compliance with the Credit Inf [LexDoc Id : 338580]
RBI
2008
RBI A.P.(DIR Series) Circular No. 39 dated 28 April 2008
Foreign currency for projects to be executed in India-International Competitive Bidding-The RBI in consultation with Government of India decided that there was no need of prior permission of Administrative Ministry / Authorization from Ce [LexDoc Id : 338579]
RBI Circular No. MPD.BC.298-07.01.279-2007-08 dated 25 April 2008
Scheduled commercial banks-Interest rate ceiling on rupee export credit-The RBI notified the scheduled commercial banks that the validity of dispensation given on the ceiling on interest rate on pre-shipment and post-shipm [LexDoc Id : 338504]
RBI
2008
RBI Circular DBOD.Dir.(Exp).BC.No. 73-04.02.01-2007-08 dated 25 April 2008
Scheduled commercial banks-Interest subvention on rupee export credit-The RBI notified all scheduled commercial banks that the Government had decided to extend the period of interest subvention in respect of rupee export [LexDoc Id : 338503]
RBI
2008
RBI Circular DBOD.Dir.(Exp).BC.No. 72-04.02.01-2007-08 dated 25 April 2008
Scheduled commercial banks-Interest subvention on rupee export credit-The RBI notified all scheduled commercial banks that the Government had decided to extend the period of interest subvention in respect of rupee export [LexDoc Id : 338502]
RBI
2008
RBI Circular DBOD.No. Leg.BC.75-09.07.005-2007-08 dated 24 April 2008
Scheduled commercial banks-Recovery Agents engaged by banks-The RBI based on the feedback received from a wide spectrum of banks / individuals / organizations reviewed the policy, practice, and procedure involv [LexDoc Id : 338463]
RBI
2008
RBI Circular DBOD.No. BL.BC.74-22.01.009-2007-2008 dated 24 April 2008
Scheduled commercial banks-Use of business facilitators and correspondents-The RBI clarified that there was no objection to banks for engagement of individuals as Business Facilitators (BFs), subject to the banks to take adeq [LexDoc Id : 338462]
RBI Circular DNBS(PD)CC.No. 9-SCRC-10.30.000-2007-2008 dated 22 April 2008
Securitisation Companies/Reconstruction Companies-Regulation of SCs/RCs-disclosure while issuing Security Receipts(SRs)-The RBI clarified that to enable the investors to make informed investment decision in the SRs, the disclosure in respect of underlying basket of asse [LexDoc Id : 338255]
RBI
2008
RBI Circular DBOD.No. BP.BC.71-21.03.038-2007-08 dated 22 April 2008
Banks-Revision of Calendar of Reviews-The RBI revised the 'Calendar of Reviews' to reduce the increasing burden on banks and to ensure that the Calendar reflected present day concerns. The [LexDoc Id : 338254]
RBI
2008
RBI A.P.(DIR Series) Circular No. 38 dated 22 April 2008
Deferred Payment Protocols between the Government of India and erstwhile USSR-Rupee value of the special currency basket-The RBI notified the authorized banks dealing in foreign exchange that the rupee value of the special currency basket had been further revised from Rs [LexDoc Id : 338253]
