Daily Archives: November 26, 2015

Clarification for service tax on Seed Testing w.e.f 01.07.2012

By | November 26, 2015

Clarification regarding leviability of service tax in respect of Seed Testing with effect from 01.07.2012 Circular No.189/8/2015-Service Tax  F. No. 354/279/2015-TRU Government of India Department of Revenue Central Board of Excise & Customs New Delhi New Delhi, the  26th November, 2015 To Principal Chief Commissioners of Customs and Central Excise(All) Principal Chief Commissioners of Central… Read More »

Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks

By | November 26, 2015

Date : Nov 26, 2015 RBI releases ‘Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks: September 2015’ The Reserve Bank of India today released the web publication ‘Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs)’ as on the last Friday of the quarter ending September 2015 (i.e. September 25, 2015).… Read More »

Category: RBI

Survey on International Trade in Banking Services 2014-15 Data Release

By | November 26, 2015

Date : Nov 26, 2015 The Reserve Bank of India today released, on its website, the data related to the 2014-15 round of Survey on International Trade in Banking Services. The annual survey on International Trade in Banking Services (ITBS) provides information on the branches/subsidiaries of Indian banks operating abroad and foreign banks operating in… Read More »

Online Returns to be submitted by NBFCs- Revised by RBI

By | November 26, 2015

RBI/2014-15/246 DNBS (PD).CC.No.03/03.02.02/2015-16 November 26, 2015 All Non Banking Financial Companies Dear Sir, Online Returns to be submitted by NBFCs- Revised Please refer to our Master Circular no DNBS.IT.CC.No.01/24.01.191/2015-16 dated July 01, 2015 on Returns to be submitted by NBFCs. 2. It has been decided to rationalize the returns’ to be submitted online through COSMOS… Read More »

Bank Finance to Factoring Companies criteria revised by RBI

By | November 26, 2015

RBI/2015-16/247 DBR.BP.BC.No.55/21.04.172/2015-16 November 26, 2015 All Scheduled Commercial Banks (Excluding RRBs) Madam/Dear Sir, Bank Finance to Factoring Companies Please refer to our circular DBOD.BP.BC.No.40/21.04.172/2012-13 dated September 11, 2012 on “Bank Finance to Factoring Companies”, in terms of which banks were advised that they can extend financial assistance to support the factoring business of Factoring Companies complying with… Read More »

Advance Remittance for Import of aircrafts /helicopters / other aviation related purchases

By | November 26, 2015

RBI/2015-16/249 A.P. (DIR Series) Circular No.30 November 26, 2015 To, All Authorised Dealer Category – I Banks Madam/ Sir Advance Remittance for Import of aircrafts /helicopters / other aviation related purchases Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to clause 3(f) of A. P. (DIR Series) Circular No.77… Read More »

NBFC Revision of the loan amount with tenure not less than 24 months

By | November 26, 2015

RBI/2015-16/250 DNBR.CC.PD.No. 071/03.10.038/2015-16 November 26, 2015 To All NBFC-MFIs Madam/ Sir Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) – Directions DNBS.PD.No. 234/CGM (US)-2011 dated December 2, 2011 and DNBR.CC.PD.No. 027/03.10.01/2014-15 dated April 08, 2015 – Revision of the loan amount with tenure not less than 24 months In the light of the representations received from the… Read More »

Category: RBI