Displaying files 6225 - 6240 of 6649 in 444 pages
|
RBI/2009-10/196
UBD (PCB) BPD Cir No. 17/13.01.000/2009-10
October 28, 2009
Chief Executive Officer of
All Primary (urban) Cooperative Banks
Dear Sir/ Madam
Guidelines on Exchange Traded Interest Rate Futures (IRFs) – UCBs
It has been decided to introduce Interest Rate Futures on a notional coupon bearing 10-year Government of India security. In this regard, Reserve Bank of India has issued a direction FMD.MSRG. 1/02.04.003/2009-10 dated August 28, 2009 under section 45 W of the Reserve Bank of India Act, 1934, which has been placed on the Reserve Bank of India website (www.rbi.org.in). A copy of the Direction is enclosed.
2. Accordingly, UCBs may participate in the designated interest rate futures exchanges recognized by SEBI, as clients, subject to RBI / SEBI guidelines in the matter only for the purpose of hedging their underlying exposures. The guidelines on Exchange Traded Interest Rate Futures are furnished in the Annex I .
3. In this connection, it is clarified that banks are not allowed to undertake transactions in IRFs on behalf of clients.
4. UCBs participating in IRF exchanges may submit the data in this regard on a monthly basis, in the proforma enclosed (Annex II) to the Regional office concerned within a fortnight of the succeeding month.
Yours faithfully,
(A. K. Khound)
Chief General Manager
Encl: as above...
Category:
Business Law | 23
downloads | by
Navin Arya
on 29 October 2009
|

309 KB |
It has been decided that SEBI registered brokers who provide Internet Based Trading as
specified by SEBI circular no. SMDRP/POLICY/CIR-06/2000 dated January 31, 2000 shall be
eligible to provide securities trading using wireless technology. All relevant requirements
applicable to internet based trading shall also be applicable to securities trading using wireless
technology....
Category:
Business Law | 23
downloads | by
Navin Arya
on 02 September 2010
|

23 KB |
Form No_24 C in Hindi...
Category:
Taxation | 23
downloads | by
Raghavendra (Adv.)
on 18 May 2010
|

74 KB |
FORM NO. VII G...
Category:
Taxation | 23
downloads | by
Raghavendra (Adv.)
on 31 January 2010
|

219 KB |
LAW COLLEGES IN MADHYA PRADESH UP TO NOV 2007...
Category:
Students | 23
downloads | by
PJANARDHANA REDDY
on 26 September 2009
|

99 KB |
Service Tax (Provisional Attachment of Property) Rules, 2008...
Category:
Others | 23
downloads | by
jyoti
on 04 February 2009
|

29 KB |
Market Wide Position Limits across Stock Exchanges...
Category:
Business Law | 23
downloads | by
jyoti
on 12 January 2010
|

11 KB |
Good Dealer Scheme – 2009 ...
Category:
Others | 23
downloads | by
jyoti
on 11 February 2009
|

28 KB |
Tax Revenue ...
Category:
Others | 23
downloads | by
rahul
on 27 July 2009
|

23 KB |
SEBI - Half Yearly Reporting by Portfolio Managers...
Category:
Business Law | 23
downloads | by
rahul
on 17 March 2010
|

17 KB |
Portfolio Investment Scheme-RBI Concept...
Category:
Business Law | 23
downloads | by
Nirav Pankaj Shah
on 14 June 2009
|

210 KB |
Ministeres' Allow, Medi Treat and Privileges Rules 1957...
Category:
Legal Documents | 23
downloads | by
Nirav Pankaj Shah
on 09 June 2009
|

67 KB |
Report of RBI-SEBI Standing Technical Committee on Int rate futures...
Category:
Business Law | 23
downloads | by
Nirav Pankaj Shah
on 20 June 2009
|

149 KB |
Economic Survey 2008-2009 (All Tables)...
Category:
Others | 23
downloads | by
Nirav Pankaj Shah
on 02 July 2009
|

4855 KB |
RBI Speech, Global Financial Crisis. ...
Category:
Others | 23
downloads | by
Nirav Pankaj Shah
on 25 April 2009
|

299 KB |