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Exim Bank s Line of Credit of USD 30.94 million to the Government of Lao...

Exim Bank s Line of Credit of USD 30.94 million to the Government of Lao People s Democratic Republic - FEMA - 79 - Dated - 6-12-2013 - RBI/2013-14/405A A.P. (DIR Series) Circular No. 79 December 6,...

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Financial Sector Reforms (Talk by Dr. Raghuram G. Rajan, Governor, Reserve...

Financial Sector Reforms (Talk by Dr. Raghuram G. Rajan, Governor, Reserve Bank of India at the Delhi Economics Conclave 2013 at Delhi on December 11, 2013) - Dated - 13-12-2013 - The economy is...

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RBI Reference Rate for US and Euro

RBI Reference Rate for US and Euro - Dated - 13-12-2013 - The Reserve Bank of India s Reference Rate for the US dollar is Rs.62.1266 and the Reference Rate for Euro is Rs.85.4135 on December 13, 2013....

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Clarification with regard to Clause (b) of the first Proviso to Sub-Section...

Clarification with regard to Clause (b) of the first Proviso to Sub-Section (2) of Section 23D of the Central Excise Act, 1944 and corresponding provisions in the Customs Act, 1962 and the Finance Act,...

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Issue price of shares by pvt. ltd. company - Corporate Laws / SEBI / LLP -...

Issue price of shares by pvt. ltd. company - Corporate Laws / SEBI / LLP - Started By - NAND LAL JAIN - Dated - 13-12-2013 Last Replied Date - 30-12-1899 - Our company is having share capital of Rs. 5...

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Amendments to the Foreign Exchange Management (Establishment in India of...

Amendments to the Foreign Exchange Management (Establishment in India of Branch or Office or Other Place of Business) Regulations 2000, Notification No. FEMA 22/2000-RB dated 3rd May, 2000 - FEMA - 293...

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Rejected goods imported back after repalcement - Customs - Import - Export -...

Rejected goods imported back after repalcement - Customs - Import - Export - Customs - SEZ - Started By - NITHIN BANGERA - Dated - 13-12-2013 Last Replied Date - 30-12-1899 - We have a case where the...

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Printing of Currency Notes

Printing of Currency Notes - Dated - 13-12-2013 - Banknotes of old series are phased out periodically in a non-disruptive manner. RBI issues instructions to banks to ensure that such banknotes are not...

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Establishment of IT Office

Establishment of IT Office - Dated - 13-12-2013 - There are no proposals for establishing new offices of Director General of Income Tax at various places in the country. However, a new office of...

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Bank for BRICS Countries

Bank for BRICS Countries - Dated - 13-12-2013 - In March 2012 BRICS Leaders directed their Finance Ministers to consider the possibility of setting up a new Development Bank for mobilizing resources...

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Impact of Price Rise on Savings

Impact of Price Rise on Savings - Dated - 13-12-2013 - Gross domestic savings of the household sector increased from Rs. 1832901 crore in 2010-11 to Rs. 2003720 crore in 2011-12 (the latest year for...

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Mahila Banks

Mahila Banks - Dated - 13-12-2013 - The Government has established Bharatiya Mahila Bank Limited. The Bank was inaugurated on 19th November, 2013 and is functional at present with its 9 branches at...

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Policy for Loan Sanction to Weaker Sections

Policy for Loan Sanction to Weaker Sections - Dated - 13-12-2013 - As per extant guidelines of Reserve Bank of India (RBI) on Priority Sector Lending (PSL), all Scheduled Commercial banks (SCBs)...

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Flow of Foreign Capital

Flow of Foreign Capital - Dated - 13-12-2013 - The US Fed Indications in late May 2013 about the possible tapering of the quantitative easing programme led to substantial outflow of FIIs from Emerging...

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Financial and Corporate Disclosures

Financial and Corporate Disclosures - Dated - 13-12-2013 - Securities and Exchange Board of India (SEBI) has put in place mechanism to address possible violation of regulations for disclosing key...

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Insurance Repositories System

Insurance Repositories System - Dated - 13-12-2013 - The Insurance Regulatory and Development Authority (IRDA) has informed that the Insurance Repository System was launched on 16th of September, 2013...

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Cut in Key Policy Rates by RBI

Cut in Key Policy Rates by RBI - Dated - 13-12-2013 - Reserve Bank of India (RBI) has reduced the Marginal Standing Facility (MSF) rate by 150 basis points from 10.25 per cent to 8.75 per cent during...

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Criteria for Central Assistance

Criteria for Central Assistance - Dated - 13-12-2013 - The Government had constituted a committee for evolving a composite development index of States, under the Chairmanship of Dr. Raghuram G. Rajan....

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Fraudulent Investment Operations

Fraudulent Investment Operations - Dated - 13-12-2013 - An Inter-Ministerial Group (IMG) was constituted on 1st May, 2013 under the Chairmanship of Additional Secretary, (Financial Services) in the...

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Constitution of CCI

Constitution of CCI - Dated - 13-12-2013 - The Government has set up the Cabinet Committee on Investments (CCI) with the Prime Minister as the Chairman to promote accelerated and time bound decisions...

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