Cir. No.04/2000-RB, dt. 15/07/2000
- Document type
- Circular
- Reference no.
- A
- Dated
- Category
- A.P. (DIR Series) Circulars
Export of goods and services against repayment of State Credits granted by erstwhile Soviet Union - Three more Banks Nominated
Export of goods and services against repayment of State Credits
granted by erstwhile Soviet Union - Three more Banks Nominated
Attention of authorised dealers is drawn to Annexure I to A.D. (G.P. Series) Circular No. 4 dated 19th May 1999, which contains the names of Nominated banks in India for handling matters relating to exports to Russia against repayment of State Credits.
- It has now been decided to include Oriental Bank of Commerce, State Bank of Patiala and Bank of Punjab ltd. in the list of Nominated banks.
- Authorised dealers may bring the contents of this circular to the notice of their constituents concerned.
- The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and any contravention or non-observance thereof is suject to the penalties prescribed under the Act.
Sd/-
B.MAHESHWARAN
Chief General Manager
(Note:- Please see AP(DIR Series)Cir. No. 33-RB, dated 10/05/2001)