RBI/2016-17/316 – A. P. (DIR Series) Circular No.47 – Issuance of Rupee denominated bonds overseas.RBI has laid down framework for issuance of Rupee denominated bonds overseas (Masala Bonds). With a view to harmonize various elements of the ECB framework, it has been decided that any proposal of borrowing by eligible Indian entities by issuance of …
A. Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifteenth Amendment) Regulations, 2016 Vide its notification dated January 10, 2017, RBI has made the following amendments to the in the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000: Regulation 2 – …
Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2016: On 02nd January, 2017, RBI in exercise of powers conferred under section 47 of the Foreign Exchange Management Act, 1999, inserted the following after Clause (vi), sub regulation (2) of Regulation 6 of Foreign Exchange Management (Transfer or Issue of Any …
Foreign Exchange Management (Deposit) Regulations, 2016The Reserve Bank has made the Foreign Exchange Management (Deposit) Regulations, 2016 relating to deposits between a person resident in India and a person resident outside India. By issuing the said regulations, RBI has repealed and superseded regulations under the Foreign Exchange Management (Deposit) Regulations, 2000. It covers the following …
Master Direction – Lending to Micro, Small & Medium Enterprises (MSME) Sector dated 21st July, 2016.In exercise of the powers conferred by Sections 21 and 35 A of the Banking Regulation Act, 1949, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest to do so, hereby, issued …
P. (DIR Series) Circular No. 77 [(2)/10(R)] – Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 As a part of Government’s initiative for startups, it has been decided that Indian startups having overseas subsidiaries may open foreign currency account with a bank outside India for the purpose of crediting …
A.P. (DIR Series) Circular No. 67/2015-16 [(1)/5(R)] dated May 05, 2016-05-31 Foreign Exchange Management (Deposit) Regulations, 2016 repealing and superseding the FEMA (Deposit) Regulations, 2000 hereinafter referred to as Deposit Regulations. These regulations seek to regulate deposits between a person resident in India and a person resident outside India Some of the key definitions headings …
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Third Amendment) Regulations, 2016 Vide notification no. FEMA.363/2016-RB dated April 28, 2016, RBI has made the following 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 …
I. External Commercial Borrowings (ECB) – Revised framework (Notified via RBI//2015-16/349, A.P. (DIR Series) Circular No.56 dated 30th March, 2016) [Changes made in: A.P. (DIR Series) Circular No.32 dated November 30, 2015 and paragraph no. 1.8, 2.2, 2.4.1, 2.4.2, 2.4.5, 2.4.6, 2.5, 2.16 and 2.16.xiii of Master Direction No.5 dated January 1, 2016 ] Taking into account …
Foreign Direct Investment –Reporting under FDI Scheme, Mandatory filing of form ARF, FCGPR and FCTRS on e-Biz platform and discontinuation of physical filing from February 8, 2016: With a view to promote the ease of reporting of transactions related to Foreign Direct Investment (FDI), the Reserve Bank of India, under the aegis of the e-Biz …
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