India has diplomatic relations with 201 states/dependencies around the globe, having 199 missions and posts operating globally while plans to open new missions in 2020-21 hosted by 11 UN Member States. The Ministry of External Affairs (MEA), also known as the Foreign Ministry, is the government agency responsible for the conduct of foreign relations of India. With the world’s third…
CHAPTER I PRELIMINARY Short title, extent & commencement. (1) This Act may be called the Securities and Exchange Board of India Act, 1992. (2) It extends to the whole of India. (3) It shall be deemed to have come into force on the 30th day of January, 1992. Definitions. (1) In this Act, unless the…
Annual Return on Foreign Liabilities and Assets Every Indian company that has made a Foreign Direct Investment (FDI) in the preceding year, including the current year, must submit the Foreign Liabilities and Assets (FLA) Return. Annual Performance Report Resident individual who has made an Overseas Direct Investment (ODI). External Commercial Borrowings (ECB) All borrowers must…
Ganesh Santa Ram Sirur Vs. State Bank of India & Anr. (2005) 1 SCC 13 Service Law – Dishonest sanction of loan -Removal from service – Held, Sanctioning of loan by a bank manager to his spouse in contravention of service rules not an honest decision and therefore punishment of removal from service is…
Reserve Bank of India Foreign Exchange Department Mumbai Regional Office Main Building, 3rd floor Shahid Bhagat Singh Marg, Fort Mumbai 400 001 CA No. MUM 1003/2019 In the matter of UASC Services (India) Private Limited 403 & 404, Satellite Gazebo A Wing, 4th Floor, Hargovindji Marg, Andheri (East) Mumbai – 400093 (Applicant) In exercise of…
Sovereign Gold Bond (SGB) Scheme Calendar for premature redemption during April – September 2022 In terms of Para 13 of the Consolidated Procedural Guidelines on the Sovereign Gold Bond (SGB) Scheme issued by the Reserve Bank of India vide circular IDMD.CDD.1100/14.04.050/2021-22 dated October 22, 2021, premature redemption of the bonds is permitted after five years from…
RBI/IDMD/2018-19/61 IDMD.CDD No.21/13.01.299/2018-19 July 2, 2018 The Chairman / Managing Director Head Office (Government Accounts Department) State Bank of India All Nationalized banks (Excluding Punjab and Sind Bank & Andhra Bank) Axis Bank Ltd./ICICI Bank Ltd./HDFC Bank Ltd./ Stock Holding Corporation of India Ltd. (SHCIL) Dear Sir/Madam, Master Directions on Relief/Savings Bonds The rules and…
The Reserve Bank of India Act, 1934 CHAPTER I PRELIMINARY 1. Short title, extent and commencement. 2. Definitions. CHAPTER II INCORPORATION, CAPITAL, MANAGEMENT AND BUSINESS 3. Establishment and incorporation of Reserve Bank. 4. Capital of the Bank. 5. [Repealed]. 6. Offices, branches and agencies. 7. Management. 8. Composition of the Central Board, and term of…
RBI/2021-22/137 A.P. (DIR Series) Circular No. 20 December 10, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, Introduction of Legal Entity Identifier for Cross-border Transactions The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide to improve the quality and accuracy of financial data systems.…
