Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Master Circular on Risk Management for Banks Consolidates Forex Derivatives and Hedging Rules; Expires July 1, 2013.</h1> The Master Circular on Risk Management and Inter-Bank Dealings, dated July 2, 2012, is addressed to all Authorized Dealers - Category I Banks. It consolidates existing instructions regarding foreign exchange derivative contracts, overseas commodity and freight hedging, rupee accounts of non-resident banks, and inter-bank foreign exchange dealings. These are governed by specific FEMA notifications and their amendments. The circular includes a sunset clause, expiring on July 1, 2013, after which it will be replaced by an updated version. The list of underlying circulars and notifications is provided in the appendix.