Daily Archives: November 17, 2016

RBI expanded investment basket for FPIs under corporate bond route

By | November 17, 2016

RBI/2016-17/138 A.P. (DIR Series) Circular No.19 November 17, 2016 To, All Category – I Authorised Dealer banks Madam / Sir, Investment by Foreign Portfolio Investors (FPI) in corporate debt securities Attention of Authorised Dealers Category – I (AD Category – I) banks is invited to paragraph 1 of Schedule 5 to the Foreign Exchange Management… Read More »

RBI Modified FEM Regulations relating to General/Health Insurance & Life Insurance in India

By | November 17, 2016

Foreign Exchange Management (Insurance) Regulations 2015 RBI/2016-17/137 A.P. (DIR New Series) Circular No.18 [(1)/12 (R)] November 17, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir Foreign Exchange Management (Insurance) Regulations, 2015 Attention of Authorised Dealers (ADs) is invited to A.D (M.A. Series) Circular No. 11 dated May 16, 2000 in terms of… Read More »

Foreign Deputation – Action against officials not coming back to Office after Foreign Deputation

By | November 17, 2016

Action against officials not coming back to Original Office after Foreign Deputation The Department of Personnel & Training had issued instructions/guidelines under AIS (Leave) Rules vide letter No. 11019/05/2015-AIS-III dated 3/11/2015 to process deemed resignation in respect of AIS officers, for being unauthorisedly absent after expiry of leave/study leave/foreign assignment etc. and completion of one… Read More »

Withdraw/Exchange Cash from Bank : Govt of India 7 Key Decisions w.e.f 18.11.2016

By | November 17, 2016

The Central Government takes several decisions to facilitate farmers, small traders, Group ‘C’ Employees of Central Government including equivalent levels in the Defence and Para Military Forces, Railways and Central Public Sector Enterprises in the aftermath of the cancellation of the legal tender character of the old Rs. 500 and Rs. 1000 notes; Also decides… Read More »

Online Website for facilitating trade between India and Iran

By | November 17, 2016

online portal for facilitating trade between India and Iran An Online Portal for facilitating trade between India and Iran was launched today by Dr. Inder Jit Singh, Additional Secretary, Department of Commerce in the presence of H.E. Mr. Gholamreza Ansari, Ambassador of Islamic Republic of Iran, Mr. Khaleel Rahim, CMD, STC, and other Directors of… Read More »