Page 53 - Banking Finance December 2017
P. 53

RBI CIRCULAR

             action. These should also be displayed on the notice
                                                               For update news on Banking & Finance Industry
             boards of your branches for information of the
             subscribers to these Schemes.                        BANKING FINANCE
                                                                   A Leading Monthly Journal on Banking & Finance
         Yours faithfully,                                     Covers                           Schemes
         (Harsha Vardhan)                                        RBI           Banking          1 Year  750
         Manager                                                 Finance       Rural/Co-op      3 Year  1500
                                                                 Stock Market   Risk Management 5 Year  2250
                                                                                       Subscribe Now !!
                                                                                       Subscribe Now !!
                                                                                       Subscribe Now !!
                                                                                       Subscribe Now !!
                                                                                       Subscribe Now !!
         Risk Management and Inter-Bank
         Dealings - Facilities for Hedging Trade                              ORDER FORM
         Exposures invoiced in Indian Rupees                    New  Rental           Subscription No.
                                                               (Please tick)
         RBI/2017-18/75                                        Name of Executive :
         A.P. (DIR Series) Circular No. 08                     Designation:
                                                               Company's Name :
         1. Attention of Authorized Dealers Category - I (AD   Address :
             Category - I) banks is invited to the Foreign Exchange  Pincode :
             Management (Foreign Exchange Derivative Contracts)  Phone :               Mobile :
             Regulations, 2000 dated May 3, 2000 (Notification No.
                                                               Fax :                 E.Mail :
             FEMA. 25/RB-2000 dated May 3, 2000) and Master
                                                               Publication Order :
             Directions on Risk Management and Inter-Bank Dealings
                                                               *Scheme Opted :             No.of Copies
             dated July 5, 2016 as amended from time to time.
                                                               (Please mention the scheme name example : It-1, Lit-1 or Combo 4-1)
         2. In terms of para 6 under Section II (Facilities for Persons  Period of Subscription : From    to
             Residents outside India) of the aforementioned master
                                                               Details of payment : Cash/M.O./D.D./Cheque* No
             direction, non-residents are permitted to hedge the
             currency risk arising out of INR invoiced exports from
                                                               Dt              drawn             Rs.
             and imports to India with AD Category I banks in India.
                                                                 Ordinary   Registered Post (Please tick)
             On a review of this facility, it has been decided to
                                                               *For outstation cheque please add Rs.50/- towards bank charges.
             permit the central treasury (of the group and being a
                                                               Outstation cheques of metro cities accepted only. No Charges ap-
             group entity) of such non-residents to undertake  plicable for payable at per cheques.
             hedges for and behalf of such non-residents with AD  Do not make any Cash Payment
             Category I banks in India as per the existing Model I  for Subcription of Journals  Signature of Subcriber
             and Model II. The revised operational guidelines, terms
                                                                        Please tear and send it along with your letter
             and conditions are placed at Annex to this circular.
         3. The directions contained in this circular have been             Mode of  Payment
             issued under Sections 10 (4) and 11(1) of the Foreign  1. Payable at per Cheque/Demand Draft favouring Sashi Pulbications
             Exchange Management Act, 1999 (42 of 1999) and is    Private Limited, Payable at Kolkata
                                                               2. You can directly ECS/Deposit cash in our bank account number
             without prejudice to permissions / approvals, if any,
                                                                  below in your city and send us copy of Pay in slip by email.
             required under any other law.                        A/C Name  : Sashi Publications Private Limited
                                                                  A/C No.  : 402120110000327
         Yours faithfully,                                        Bank     : Bank of India
                                                                  Branch   : V V K Road Branch., Kolkata, India
         (T Rabi Sankar)
                                                                  IFSC Code  : BKID0004021
         Chief General Manager                                 Make Online Payment by Credit Card/Debit Card or your net banking
                                                               account at our website www.sashipublications.com


            BANKING FINANCE |                                                            DECEMBER | 2017 | 53








                      Sashi Publications Pvt Ltd Call 8443808873/ 8232083010
   48   49   50   51   52   53   54   55   56   57   58