TheReserve Bank of India(RBI) has announced that all businesses engaged in online cross‑border payments for import and export will now fall under its regulation and require authorisation. In its31 October 2023circular, theRBIclassified all entities processing cross‑border payments for the import...
Regulated fund managers looking to attract Indian investors may now consider using structures such as the Singapore limited partnership or the Singapore variable capital company Introduction On 7 June 2024, the Reserve Bank of India (RBI) issued a circular that amends the Foreign Exchang...
According to the circular, Special Rupee Vostro accounts of correspondent banks of the partner trading country can be opened in India for settling trade transactions. Indian importers can pay rupees into the Special Vostro account for imported goods and exporters will be paid in rupees from the bal...
Ladies and gentlemen, good day and welcome to the Bank of India Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. [Operator Instructions] Please note that this con...
Bank : BANK OF INDIA BSR Code : 220567Address : Katra Bazar, At&po Pihani District : Hardoi State : Uttar PradeshPin : 241406Link BSR : 223222 Bank : BANK OF INDIA BSR Code : 220455Address : Circular Road, Railwayganj District : Hardoi State : Uttar PradeshPin : 241001Link BSR : 223...
Apart from SBI, other lenders in the consortium include Punjab National Bank, Union Bank of India, Canara Bank, Bank of India and Export-Import Bank of India. Last year, the Reserve Bank of India had issued a draft circular on project finance norms, which require lenders to set aside 5% ...
State Bank of India Brand:State Bank of India Owned by:The Government of India Logo Designer:Shekhar Kamat,NID, Ahmedabad Click here to download a high resolution logo Design brief:“The circular form of the emblem suggests unity, completeness, the fullness of man’s being and his growing ...
SLBC DEPARTMENT, STATE BANK OF INDIA, ADMINISTRATIVE OFFICE,FIRST FLOOR, ST. INEZ, PANAJI, GOA - 403001" Pursuant to the recommendations of Gadgil Committee (October, 1969) and Nariman Committee (November, 1969) the Lead Bank Scheme was introduced by the Reserve Bank of India in December, 19...
Lovells, advising Deloitte in its capacity as BCCTs liquidator, faced the Bank of India, advised by Penningtons. The judge found that Bol chief manager for Great Britain and Europe KL Samant had been involved in circular transactions between Bol and BCCI.Harris...
1.1 These Directions shall be called the Master Direction - Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2021. 1.2 These Directions shall come into force on January 03, 2022. 1.3 These Directions shall apply to entities permitted to act as market-maker in...