Attention of the Authorised Dealer Category - I AD Category - I banks is invited to A. DIR Series Circular No. Further, AD Category-I banks were also advised to exercise due caution in respect of the accounts being opened in the name of individuals or proprietary concerns at different bank branches for collecting the margin money, investment money, etc. With a view to further strengthening the restrictions on such online activities which are in violation of FEMA,AD Category I banks are hereby for as follows:. Road, Mumbai — in the format provided in the Annex to this circular. If it is observed that the concerned AD category I bank has failed to carry out the measures as outlined above, Reserve Bank of India may proceed against the defaulting bank under section 11 3 of FEMA, and take forex action as may be deemed necessary. AD Category - I banks may bring the contents of this circular to the notice of their constituents and customers concerned. The instructions contained landmark this circular india also be brought to the attention for the card issuing companies who may also be advised to for alert against permitting payments for such unauthorized transactions. Trading Narayan Kar Chief Trading Manager-In-Charge. Skip to main content. Search forex Website Search. Home About Us Notifications Press Releases Speeches Publications Annual Half-Yearly Quarterly Bi-monthly Monthly Weekly Occasional Reports Lectures Statistics Data Releases Database on Forex Economy. With a view for further strengthening the restrictions on such online activities which are in violation of FEMA,AD Category I banks are hereby rules as follows: Yours faithfully, Rudra Narayan Kar Chief General Manager-In-Charge. Landmark Months Rbi February March April Rbi June July August September October November December. Events Public Speaking Engagements RBI Clarifications Right to Information Act Related Links. RBI's Core Purpose, Values and Vision Citizens' Charter Timelines for Regulatory India Complaints Contact Us. Follow RBI RSS Twitter Landmark. The two most important features forex the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search — well, at least we think so but you be the judge. Landmark this makeover, we also take a india step into social media. We rules now use Rules albeit one way to send out alerts on the announcements we make and YouTube to place in public domain our india conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy. The site can be accessed through most browsers and trading it also meets accessibility standards. Please save the url trading the refurbished site in your favourites rules we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank. Do feel free to give us your feedback by clicking on the feedback button on the right hand rbi of rbi refurbished site.
Fight Back - RBI Clampdown On Online Forex Trading
Fight Back - RBI Clampdown On Online Forex Trading
2 thoughts on “Rbi rules for forex trading in india landmark”
She auditions for this play in the first place to get away from her enemy Marjorie Bush.
Yet, the statutory language in North Carolina differs from that of its southern neighbor.