Master Circular on Risk Management and Inter-Bank Dealings - FEMA - 22 - Master Circular No./6 /2007-08

Master Circular on Risk Management and Inter-Bank Dealings RBI/2007-2008/22 Master Circular No./6 /2007-08 July 2, 2007 To, All Authorised Dealers - Category I Madam / Sir, Master Circular on Risk Management and Inter-Bank Dealings Rupee Accounts of Non-Resident Banks, Inter-Bank Dealings, Foreign Exchange Derivative Contracts, 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. 2. This Master Circular consolidates the existing instructions on the subject of "Risk Management and Inter-Bank Dealings" at one place. The list of underlying circulars/notifications is set out in Appendix. 3. This Master Circular is issued with a sunset clause of one year. This circular will stand withdrawn on July 1, 2008 and would be replaced by an updated Master Circular on the subject. Yours faithfully, Salim Gangadharan Chief General Manager Click the following link to see the master circular Master Circular on Risk Management and Inter-Bank Dealings