Tag Archives: RBI Circular

External Commercial Borrowings (ECB) Policy – Liberalisation- Hotels, Hospital and Software

Posted on August 13, 2010 by Mukesh Goel

RBI/2010-11/ 167 August 12, 2010 A.P. (DIR Series) Circular No.08 To All Category – I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy – Liberalisation Attention of Authorised Dealer Category – I (AD Category – I) banks … Continue reading →

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pricing guidelines for transfer of equity instruments from a resident to a non-resident and vice versa

Posted on May 10, 2010 by Mukesh Goel

In terms of Schedule 1 of the Notification, an Indian company may issue equity shares/compulsorily convertible preference shares and compulsorily convertible debentures (equity instruments) to a person resident outside India under the FDI policy, subject to inter alia, compliance with … Continue reading →

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Payment of Interest on Savings Bank Account on Daily Product Basis

Posted on March 11, 2010 by Mukesh Goel

RBI/2009-10/339 UBD (PCB) BPD.Cir.No. 48/13.01.000 / 2009-10 March 4, 2010 Chief Executive Officer All Primary (Urban) Cooperative Banks Dear Sir, Payment of Interest on Savings Bank Account on Daily Product Basis Please refer to our circular UBD (PCB) BPD.Cir.No. 7/13.01.000/2009-10 dated … Continue reading →

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New procedure to open a Branch office in India by Foreign entity

Posted on January 4, 2010 by Mukesh Goel

Contributed by : CA. Sudha G. Bhushan (sudha@mukeshraj.com) Establishment of Branch (BO) / Liaison Offices (LO) in India by Foreign Entities delegation of powers Application for opening Branch office/liaison office to be routed through Authorised dealer The application in form FNC … Continue reading →

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