issued guidelinesTags : Bank, primary dealers, currency, futures
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Re 1 currency note to enter circulation(29.03.2016)
The Reserve Bank of India will soon introduce one rupee notes into circulation. The notes will incorporate bi-linguistic features, such as the signatu.....
Tags : one rupee, currency note, circulation
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Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2019(27.02.2019)
In exercise of the powers conferred by Section 9 and clause (e) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1.....
Tags : Foreign Currency, Amendment, Regulations
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Delhi HC Issues Notice on Plea for Guidelines Against Crypto-Currency Exchanges Advertisements(15.07.2021)
Delhi High Court has issued notice on plea seeking issuance of guidelines or rules to be framed against the crypto currency exchanges in India adverti.....
Tags : Delhi High Court, Crypto-Currency Exchanges Advertisements
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Apex Court Issues Notice on Plea to Permit Deposit of Demonetized Currency Worth Rs 1.17 Crores(02.09.2019)
Apex Court has issued notice to the Reserve Bank of India regarding a petition filed by a Madurai based businessman before the Supreme Court seeking d.....
Tags : Apex Court, Demonetized Currency
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Delhi HC Issues Notice Over Barring Traders From Using its UPI Platform to Trade in Cryptocurrency(29.10.2021)
Delhi High Court has issued notice on a petition challenging State Bank of India's decision prohibiting the use of UPI platform for trading in cryptoc.....
Tags : Delhi High Court, UPI Platform to Trade in Cryptocurrency
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Madras HC Refuses to Pass Any Order on Recovered Demonetised Currencies(01.12.2016)
Madras High Court has refused to pass any kind of orders with respect to exchange of demonetised Rs. 500 and Rs. 1,000 currency notes recovered by Pol.....
Tags : Madras High Court, demonetised, currency notes
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Bombay HC Seeks RBI’s Reply over Plea Highlighting Difficulty in Identifying Notes by Blinds(07.12.2016)
Bombay High Court has sought a reply from Reserve Bank of India within six weeks to a plea highlighting difficulty faced by blind persons in identifyi.....
Tags : Bombay HC, RBI, currency notes, coins, blind persons
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Gujarat HC Notices RBI over DCCBs Plea Seeking Permission to Collect Defunct Currencies(15.12.2016)
Gujarat High Court has directed RBI to spell out the "immediate steps" it plans to undertake following requests made by two DCCBs to allow them to col.....
Tags : Gujarat High Court, DCCBs, currency notes
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Notification regarding Exchange Traded Currency Derivatives(04.04.2024)
In the recent period, some concerns have been expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of .....
Tags : Exchange, Currency Derivatives, Regulatory framework
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Notification regarding Exchange Traded Currency Derivatives(04.04.2024)
In the recent period, some concerns have been expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of .....
Tags : Exchange, Currency Derivatives, Regulatory framework
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MCA: Companies to Disclose Details of Crypto Currency in Financial Statements(11.08.2021)
Ministry of Corporate Affairs has stated that Companies have to disclose details of Crypto Currency in Financial Statements while answering a question.....
Tags : Ministry of Corporate Affairs, Disclosure of Crypto Currency
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RBI Allows NRIs to Access ETCS Market(03.02.2017)
Reserve Bank of India (RBI) has allowed NRIs access to Exchange Traded Currency Derivatives (ETCD) market to hedge currency risk arising out of their .....
Tags : Reserve Bank of India, Exchange Traded Currency Derivatives
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Del. HC Restrains Websites from Offering Digital Currencies Under Microblogging Platform's Trademark(05.08.2022)
Delhi High Court while restraining 3 websites and applications from offering digital coins and currencies consisting of the trademark owned by micro-b.....
Tags : Delhi High Court, Trademark, Koo, Crypto-Currency
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Delhi HC To Govt: Examine New Currency Notes As Visually Impaired People Are Facing Difficulties(08.12.2017)
Delhi High Court has asked the government and the RBI to examine the new currency notes and coins, observing that the visually impaired were facing ha.....
Tags : Delhi High Court, Currency
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Madras HC: Cryptocurrency is Property and Can be Held in Trust(27.10.2025)
Madras High Court recognized cryptocurrency as a form of property that can be owned, enjoyed, and held in trust, while protecting an investor whose di.....
Tags : Cryptocurrency, Property, Investor
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SC: Recovery of Currency Alone Doesn’t Convict under PC Act Without Proof of Demand and Acceptance(30.10.2025)
SC acquitted a former Assistant Labor Commissioner accused of taking a Rs. 3,000 bribe, observing that mere recovery of currency is insufficient for c.....
Tags : Recovery, Prevention of Corruption Act, Currency
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Export and Import of Indian Currency(20.03.2019)
Attention of Authorised Persons is invited to Regulation 8 of Foreign Exchange Management (Export and import of currency) Regulations, 2015, in terms .....
Tags : Indian Currency, Export, Import
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Exchange Traded Cross Currency Derivatives contracts on various currency pairs introduced(09.03.2016)
The Securities and Exchange Board of India permitted stock exchanges to introduce cross-currency futures and options contracts on EUR-USD, GBP-USD and.....
Tags : Exchange traded, cross currency, derivatives contract
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Madhya Pradesh HC Rules: Invest Seized Demonetised Notes in FDs(23.12.2016)
Madhya Pradesh High Court has ruled that demonetised currency notes of Rs 1000 and Rs 500 denomination seized in corruption cases and other criminal m.....
Tags : Madhya Pradesh HC, demonetised currency, Fixed Deposits
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Madras HC Dismisses Plea Challenging Rejection of Representation of Netaji on Currency Notes(03.09.2021)
Madras High Court has dismissed a plea challenging Centre's rejection of a representation for printing the image of Nethaji Subash Chandra Bose on cur.....
Tags : Madras High Court, Representation of Netaji on Currency Notes
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SC: Mere Recovery of Tainted Currency Notes Not Sufficient to Establish Offence under PC Act(05.05.2025)
Supreme Court has stated that mere possession and recovery of tainted currency notes from a public servant, in the absence of proof of demand, is not .....
Tags : Supreme Court, Tainted Currency, Public Servant
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Delhi High Court to Govt: Examine New Rs 50, Rs 200 notes(01.02.2018)
Delhi High Court has asked the Centre and the RBI to examine the new currency notes and coins, saying the visually-impaired were facing hardship in id.....
Tags : Delhi High Court, Currency Notes
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ITAT: Forex Transaction to Hedge Foreign Currency Risk is Not Speculative(10.08.2022)
Income Tax Appellate Tribunal (ITAT), Chandigarh Bench while allowing deduction, has held that the Forex transaction to hedge foreign currency risk is.....
Tags : ITAT, Forex Transaction, Hedge Foreign Currency
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CESTAT: Currency is Not Goods, Liable to be Seized Under Customs Act(17.08.2022)
Customs, Excise and Service Tax Appellate Tribunal, Kolkata Bench has held that currency is not goods and is liable to be seized under customs act and.....
Tags : CESTAT, Currency, Customs
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Pre-2005 series of Banknotes - Revision of exchange facility(30.06.2016)
After 1 July 2016, Pre-2005 banknotes will only be exchanged at Reserve Bank of India offices in the country’s larger cities.
Pre-2005 ban.....
Tags : currency, pre-2005, exchange, deadline
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RBI increases incentives for ATMs dispensing lower denomination notes(05.05.2016)
The Reserve Bank of India revised ‘Incentives & Penalties’ in the Currency Distribution & Exchange Scheme. By revision, the incentives for installatio.....
Tags : currency distribution, incentive, denomination
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Discovery of Ink to Curb Fake Printing of Passports and Counterfeiting of Currency Notes(03.03.2020)
CSIR-National Physical Laboratory has developed a bi-luminescent security ink which glows in red and green colours when illuminated by two different e.....
Tags : Discovery, Fake Printing, Currency Notes
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Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes(14.07.2016)
The Reserve Bank of India notified that up to 20 soiled notes, worth no more than Rs. 5000, can be exchanged free of charge at non-chest branches bank.....
Tags : currency, soiled, mutilated, over the counter, exchange
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RBI publicises exchange of notes and coins(18.07.2016)
The Reserve Bank of India issued a master circular reiterating facilities for exchange of notes and coins, and broadening the use of currency not in t.....
Tags : soiled, mutilated, currency, exchange
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RBI announces the Framework on Currency Swap Arrangement for SAARC countries for the period 2019 to 2022(26.11.2019)
To further financial stability and economic cooperation within the SAARC region, the Reserve Bank of India, with the concurrence of the Government of .....
Tags : Framework, Currency Swap Arrangement, SAARC countries
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Calcutta HC Seeks Response on Printing of Subhash Chandra Bose's Picture on Currency Notes(14.12.2021)
Calcutta High Court has sought the Union government's response in a Public Interest Litigation (PIL) seeking directions to print images of Netaji Subh.....
Tags : Calcutta High Court, Printing of Subhash Chandra Bose's Picture on Currency Notes
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Maintenance of CRR/SLR on Foreign Currency Assets/Liabilities- Reference rate for INR/USD and exchange rate of other major currencies(02.08.2018)
Please refer to our circular DBOD.No.Ret.BC.113/12.01.001/2011-12 dated June 29, 2012 on Maintenance of CRR on FCNR(B) Scheme advising banks to be gui.....
Tags : Maintenance, CRR/SLR, Foreign Currency Assets, Liabilities
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RBI clarifies: No change in existing Currency and Banknotes(06.06.2022)
There are reports in certain sections of the media that the Reserve Bank of India is considering changes to the existing currency and banknotes by rep.....
Tags : No change, Currency, Banknotes
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