RBI Archive

RBI clarifies that linking Aadhaar to bank accounts is mandatory

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RBI clarifies that linking Aadhaar to bank accounts is mandatory. Some news items quoting RTI reply had mentioned that Aadhaar linkage not mandatory. Reserve Bank of India October 21, 2017 RBI clarifies that linking Aadhaar to bank accounts is mandatory Some news items have appeared in a section of

 

NOF for ARCs shall be minimum Rupees 100 Crore – RBI

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NOF for ARCs shall be minimum Rupees 100 Crore. ARCs already registered with RBI have to achieve the prescribed minimum NOF level latest by March 31, 2019  RESERVE BANK OF INDIA (Department of Non-Banking Regulation) NOTIFICATION Mumbai, the 28th April, 2017 Notification DNBR (PD-ARC) No. 05 /ED(SS)-2017.—In exercise of the

 

Restrictions on banks holding and investment. Amendments to RBI Master Direction

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Restrictions on banks holding and investment. Amendments to RBI Master Direction Reserve Bank of India Amendments to Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016 RBI/2017-18/66 DBR.No.FSD.BC.89/24.01.040/2017-18 September 25, 2017 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Amendments to Master Direction- Reserve

 

Developments in Indias Balance of Payments during 1st Quarter April-June 2017-18 – Key Features

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Developments in Indias Balance of Payments during 1st Quarter April-June 2017-18. Key Features of India’s BoP in Q1 of 2017-18 September 15, 2017 Developments in India’s Balance of Payments during the First Quarter (April-June) of 2017-18 Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1)

 

Agriculture loan waiver schemes estimated at Rs 2.2 lakh crore to Rs 4.2 lakh crore

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Agriculture loan waiver schemes estimated at Rs 2.2 lakh crore to Rs 4.2 lakh crore based on scenario-based analysis of possible size of debt waiver using account level data on bank credit. Reserve Bank of India Date : Sep 11, 2017 Mint Street Memos The Reserve Bank of India today placed

 

Counting of Specified Bank Notes-RBI says it uses hi-tech machines

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Counting of Specified Bank Notes-RBI says it uses hi-tech machines. Press had reported that RBI was not using machines for counting SBNs Reserve Bank of India September 10, 2017 RBI says it uses sophisticated machines for processing currency notes It has been reported in a section of the press,

 

RBI releases its Annual Report for 2016-17

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RBI Annual Report 2016-17. Notwithstanding, Headwinds from global slowdown and transient impact of demonetisation Indian economy demonstrated resilience  RBI releases its Annual Report for 2016-17 The Reserve Bank of India has released its Annual Report for 2016-17, a statutory report of its Central Board of Directors.