Reserve Bank of India (RBI)

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RBI Press Release No: 2016-2017/2535 (22-Mar-2017) Branches of Bharatiya Mahila Bank Limited to operate as branches of SBI from April 1, 2017
All branches of Bharatiya Mahila Bank Limited will function as branches of State Bank of India from April 1, 2017. read more
A.P. (DIR Series) Circular No: 41 (21-Mar-2017) Risk Management and Inter-bank Dealings: Operational flexibility for Indian subsidiaries of Non-resident Companies
Risk Management and Inter-bank Dealings: Operational flexibility for Indian subsidiaries of Non-resident Companies read more
RBI Press Release No: 2016-2017/2478 (17-Mar-2017) Foreign Exchange Turnover Data
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 06, 2017 to March 10, 2017. read more
RBI Press Release No: 2016-2017/2489 (17-Mar-2017) 13 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. read more
RBI Press Release No: 2016-2017/2472 (16-Mar-2017) RBI to conduct 3 day, 7 day and 14 day Variable Rate Reverse Repo Auctions under LAF on March 17, 2017
Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on March 17, 2017, Friday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014 read more
RBI Press Release No: 2016-2017/2473 (16-Mar-2017) RBI imposes penalty on Transport Cooperative Bank Ltd Indore
The Reserve Bank of India has imposed a monetary penalty of Rs. 5 lakh (rupees Five lakh) on Transport Cooperative Bank Ltd, Indore in exercise of powers vested in it under the provisions of Section 47 A (1) (b) read with section 46(4) of the Banking Regulation Act 1949 read more
RBI Notification No: RBI/2016-17/251 [IDMD.CDD.No. 2347/14.04.051/2016-17] (16-Mar-2017) Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 – Clarification
Please refer to our letter IDMD.No.1451/08.03.016/2016-17 dated December 16, 2016 and Notification No. S.O.4061(E) dated December 16, 2016 read more
A.P. (DIR Series) Circular No: 39 (16-Mar-2017) Exim Bank's Government of India supported Line of Credit of USD 10 million to the Government of Co-operative Republic of Guyana
Exim Bank's Government of India supported Line of Credit of USD 10 million to the Government of Co-operative Republic of Guyana read more
A.P. (DIR Series) Circular No: 40 (16-Mar-2017) Exim Bank's Government of India supported Line of Credit of USD 50 million to the Government of Co-operative Republic of Guyana
The credit agreement under the LOC is effective from March 02, 2017. Under the LOC, the terminal utilization period is 60 months after the scheduled completion date of the project. read more
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fourth Amendment) Regulations, 2017 (09-Mar-2017)
amendments in the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 (Notification No. FEMA. 20/2000-RB dated 3rd May 2000) read more
FEMA Notification No: FEMA.387/2017-RB (09-Mar-2017) Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fourth Amendment) Regulations, 2017
amendments in the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 (Notification No. FEMA. 20/2000-RB dated 3rd May 2000) read more
A.P. (DIR Series) Circular No: 37 (09-Mar-2017) Exim Bank's Government of India supported Line of Credit of USD 750 million to the Government of Nepal
Export-Import Bank of India (Exim Bank) has entered into an agreement on September 16, 2016 with the Government of Nepal for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 750 million (USD Seven hundred fifty million only) for financing the post-earthquake reconstruction projects in Nepal. read more
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