RBI/2014-15/12
Master Circular No. 5/2014-15
July 1, 2014
To,
All Authorised Dealers - Category I Banks
Madam / Sir,
Master Circular on Risk Management and Inter-Bank Dealings
Foreign Exchange Derivative Contracts, Overseas Commodity & Freight Hedging,
Rupee Accounts of Non-Resident Banks, Inter-Bank Foreign Exchange Dealings, etc.
are governed by the provisions in
Notification No. FEMA 1/2000-RB, Regulation
4(2) of
Notification No. FEMA 3/RB-2000 and
Notification No. FEMA 25/RB-2000
dated May 3, 2000 and subsequent amendments thereto.
- This Master Circular is being updated from time to time as and when the
fresh instructions are issued. The date up to which the Master Circular has been
updated is suitably indicated.
- This Master Circular may be referred to for general guidance. The Authorised
Persons and the Authorised Dealer Category – I banks may refer to respective
circulars/ notifications for detailed information, if so needed.
Yours faithfully,
(B P Kanungo)
Principal Chief General Manager