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    Reserve Bank of India Mumbai - 400 001: A.P. (DIR Series) Circular No. 105 Dated May 28, 2015

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    Nikita Arora
    The Reserve Bank of India issued a circular to Category-I Authorised Dealer banks notifying them of a revision to the rupee value of the Special Currency Basket used for deferred payment protocols between India and the former USSR. The new value was set at Rs. 81.3268160 effective from August 27, 2015, revised from the previous value of Rs. 77.6331180 set on May 06, 2015. Banks were advised to inform their constituents of this change and that the directions in the circular were issued under the Foreign Exchange Management Act of 1999.

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    Reserve Bank of India Mumbai - 400 001: A.P. (DIR Series) Circular No. 105 Dated May 28, 2015

    Uploaded by

    Nikita Arora
    20 views1 page
    The Reserve Bank of India issued a circular to Category-I Authorised Dealer banks notifying them of a revision to the rupee value of the Special Currency Basket used for deferred payment protocols between India and the former USSR. The new value was set at Rs. 81.3268160 effective from August 27, 2015, revised from the previous value of Rs. 77.6331180 set on May 06, 2015. Banks were advised to inform their constituents of this change and that the directions in the circular were issued under the Foreign Exchange Management Act of 1999.

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    RBI notification

    Original Title

    APDIR1039151045647D301943869172368892B66B12

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    The Reserve Bank of India issued a circular to Category-I Authorised Dealer banks notifying them of a revision to the rupee value of the Special Currency Basket used for deferred payment protocols between India and the former USSR. The new value was set at Rs. 81.3268160 effective from August 27, 2015, revised from the previous value of Rs. 77.6331180 set on May 06, 2015. Banks were advised to inform their constituents of this change and that the directions in the circular were issued under the Foreign Exchange Management Act of 1999.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    20 views1 page

    Reserve Bank of India Mumbai - 400 001: A.P. (DIR Series) Circular No. 105 Dated May 28, 2015

    Uploaded by

    Nikita Arora
    The Reserve Bank of India issued a circular to Category-I Authorised Dealer banks notifying them of a revision to the rupee value of the Special Currency Basket used for deferred payment protocols between India and the former USSR. The new value was set at Rs. 81.3268160 effective from August 27, 2015, revised from the previous value of Rs. 77.6331180 set on May 06, 2015. Banks were advised to inform their constituents of this change and that the directions in the circular were issued under the Foreign Exchange Management Act of 1999.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    RESERVE BANK OF INDIA

    Mumbai - 400 001


    RBI//2015-16/169
    A.P. (DIR Series) Circular No.10

    September 03, 2015

    To
    All Category - I Authorised Dealer Banks
    Madam / Sir,
    Deferred Payment Protocols dated April 30, 1981 and December 23, 1985
    between Government of India and erstwhile USSR
    Attention of Authorised Dealer Category-I (AD Category-I)
    to

    banks is

    invited

    A.P. (DIR Series) Circular No. 105 dated May 28, 2015 wherein the

    Rupee value of the Special Currency Basket was indicated as Rs.


    77.6331180 effective from May 06, 2015.
    2. AD Category-I banks are advised that a further revision has taken place on
    August 24, 2015 and accordingly, the Rupee value of the Special Currency
    Basket has been fixed at Rs.81.3268160 with effect from August 27, 2015.
    3. AD Category-I banks may bring the contents of this Circular to the notice of
    their constituents concerned.
    4. The Directions contained in this circular have been issued under section
    10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42
    of 1999) and are without prejudice to permissions / approvals, if any, required
    under any other law.

    Yours faithfully,

    (A K Pandey)
    Chief General Manager

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