RBI/ 2007- 08 / 51
Ref No. DBOD. AML. BC. No. 3 / 14.08.001 / 2007- 08
July 02, 2007
The Chairman & CEOs of all Scheduled Commercial Banks
(excluding RRBs)
Dear Sir,
Master Circular – Foreign Contribution ( Regulation ) Act, 1976
Obligations of Banks in Regulating Receipt of Foreign Contributions by
Associations / Organizations in India
Please refer to our Master Circular Ref No. DBOD.AML.BC No.20 / 14.01.055 / 2006-07 dated July 11, 2006. The instructions contained in the above Master Circular have been revised as on June 30, 2007 and the updated instructions have been included in this Master Circular. Banks are advised to bring the contents of the enclosed Master Circular to the notice of controlling offices / branches and ensure that the instructions are duly complied with. The Master Circular has also been placed on the RBI website ( http://www.rbi.org.in )
Yours faithfully,
(Vinay Baijal)
Chief General Manager