RBI A.P.(DIR Series) Circular No. 46 dated 17 November 2011
Electronic-internet trading portals-Overseas forex trading-Reserve Bank has advised all the AD Category - I banks to exercise due caution and be extra vigilant in respect of the transactions that require resid [LexDoc Id : 419468]
RBI
2011
RBI A.P.(DIR Series) Circular No. 47 dated 17 November 2011
Import payables-Liberalization of Procedure-Set-off of export receivables-Reserve Bank has delegated powers to AD Category – I banks to deal with the cases of "set-off" of export receivables against import payables, subject [LexDoc Id : 419467]
RBI
2011
RBI A.P.(DIR Series) Circular No. 45 dated 16 November 2011
Foreign Direct Investment in India-Reporting of issue-Reserve Bank has now treated the issue/transfer of 'participating interest/rights' in oil fields to a non- resident as Foreign Direct Investment (FDI) [LexDoc Id : 419407]
RBI
2011
RBI A.P.(DIR Series) Circular No. 44 dated 15 November 2011
Trade Credits for imports into India-Review of all-in-cost ceiling-Reserve Bank has enhanced All-in-cost from 200bps to 350bps relating to the all-in-cost ceiling of Trade Credits for imports into India. [LexDoc Id : 419346]
i) FIIs would also be allowed to invest in non-convertible debentures / [LexDoc Id : 418843]
RBI
2011
RBI A.P.(DIR Series) Circular No. 41 dated 1 November 2011
Money Changing Activities-Memorandum of Instructions-In order to provide more flexibility, to authorised persons to decide the location of their branches, Reserve Bank has decided to dispense with the cr [LexDoc Id : 418756]
RBI
2011
RBI A.P.(DIR Series) Circular No. 40 dated 1 November 2011
Export of goods and software-Realisation and Repatriation of export proceeds-Reserve Bank has further extended the period of realization and repatriation to India of the
amount representing the full export value of goods or so [LexDoc Id : 418755]
RBI
2011
RBI A.P.(DIR Series) Circular No. 39 dated 1 November 2011
Deferred Payment Protocols-Government of India and erstwhile USSR-Reserve Bank has advised a further revision of the Rupee value of the special currency basket has been fixed at Rs.69.09329 with effect from September [LexDoc Id : 418754]
