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Date: 02-07-2007
Notification No: RBI/ 2007 08 / 51Ref No DBOD AML BC No 3 / 14 08 001 / 2007 08
Issuing Authority: RBI  
Type: Master Circular
File No: RBI/ 2007- 08 / 51
Subject: Master Circular – Foreign Contribution ( Regulation ) Act, 1976 – Obligations of Banks in Regulating Receipt of Foreign Contributions by Associations / Organizations in India

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

       

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