RESERVE BANK OF INDIA
EXCHANGE CONTROL DEPARTMENT
CENTRAL OFFICE
MUMBAI 400 001 April 11, 2000 A.D.(G.P. Series) Circular No.4 To All Authorised Dealers in Foreign Exchange Dear Sirs, Export of goods and services against repayment of
State Credits granted by erstwhile Soviet Union Attention of authorised dealers is drawn to A.D. (G.P. Series) Circulars No.4,13 and 1 dated 19th May and 9th October 1999 and 19th January 2000 respectively advising, inter alia, the names of Nominated banks in India for handling matters relating to exports to Russia against repayment of State Credits. 2. It has now been decided to include Vijaya Bank and Punjab and Sind Bank in the list of Nominated banks. 3. Authorised dealers may bring the contents of this circular to the notice of their constituents concerned. 4. The directions contained in this circular have been issued under Section 73(3) of the Foreign Exchange Regulation Act, 1973 (46 of 1973) and any contravention or non-observance thereof is subject to the penalties prescribed under the Act. Yours faithfully, K.J. UDESHI
Chief General Manager |