Tag Archives: RBI

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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Setting Up a Branch Office in India

Posted on September 23, 2008 by Mukesh Goel

Foreign companies who are engaged in manufacturing and trading activities outside India are allowed, by Indian law, to set up branch offices in India for the following purposes: Export/Import of goods Rendering professional or consultancy services Carrying out research work, … Continue reading →

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