Category: RBI

RBI withdraws Chapter IIIB exemptions from Housing Finance Companies

RBI withdraws Chapter IIIB exemptions from Housing Finance Companies RBI withdraws exemptions from Housing Finance Companies Housing Finance Institutions (HFIs) as defined under Clause (d) of Section 2 of the National Housing Bank Act, 1987. Such HFIs  are currently exempt from the provisions of Chapter IIIB of Reserve …

RBI Statement on Developmental and Regulatory Policies measures taken

RBI Statement on Developmental and Regulatory Policies Reserve Bank of India Date : Oct 04, 2019 This Statement sets out various developmental and regulatory policy measures for strengthening regulation and supervision; broadening and deepening financial markets; and improving the payment and settlement systems. I. Regulation and Supervision 1. …

RBI allows Cost accountants certificate for claiming agency commission by banks. Read Notification

RBI allows cost accountant’s certificate for claiming agency commission by banks. Earlier only CAs were authorised. Download Revised Formats. Read Notification  RBI allows cost accountant’s certificate for claiming agency commission by banks RBI has allowed that agency banks while claiming agency commission may submit the required reconciliation certificate …

RBI revised guidelines for concurrent audit of banks. Accountability to be fixed in serious omission/ commission

RBI revised guidelines for concurrent audit of banks-Scope, coverage of business/branches, minimum items / area of coverage, etc. RBI has revised guidelines for concurrent audit of banks. Accountability to be fixed in serious acts of omission/commission  RBI revised guidelines for concurrent audit of banks RESERVE BANK OF INDIA …
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