RBI

  • RBI

AD in India may lend to person resident outside India for settlement of transactions involving Govt. Securities

Authorised Dealers in India may lend to person resident outside India for making margin payments in respect of settlement of…

3 years ago
  • RBI

RBI releases Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks

RBI releases Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks. If Fixed deposit shares in bank deposits declines…

3 years ago
  • RBI

Sovereign Gold Bond Scheme 2021-22. Read Schedule of issuance, eligibility, redemption etc.

Sovereign Gold Bond Scheme 2021-22. Read Schedule of issuance, eligibility, redemption, Tax treatment, Nomination and other Terms and Conditions  …

3 years ago
  • RBI

RBI appointed Shri Jose J. Kattoor as Executive Director (ED) with effect from May 04 2021

RBI appointed Shri Jose J. Kattoor as Executive Director  The Reserve Bank of India has appointed Shri Jose J. Kattoor…

3 years ago
  • RBI

RBI relaxes norms for periodic updation of KYC by banks. Accounts operations not to be restricted till 31.12.2021

RBI relaxes norms for periodic updation of KYC by banks. Operations of such account not to be restricted till December…

3 years ago
  • RBI

RBI Resolution Framework-2 for Covid-19 related stress of Individuals and Small Businesses

RBI Resolution Framework-2 for Covid-19 related stress of Individuals and Small Businesses. The last date for invocation of resolution is…

3 years ago
  • RBI

RBI extends restructuring of MSMEs existing loans without downgrade in asset classification

RBI extends restructuring of MSMEs existing loans without downgrade in asset classification In August 2020, to support the MSME entities…

3 years ago
  • RBI

RBI revised Guidelines for Appointment of Statutory Central Auditors Statutory Auditors of Banks for FY 2021-22 & onwards

RBI issues revised Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and…

3 years ago
  • RBI

RBI bans American Express and Diners Club from on-boarding new domestic customers in card networks from 01.05.2021

RBI takes supervisory action on Card Networks – American Express Banking Corp. and Diners Club International Ltd The Reserve Bank…

3 years ago
  • RBI

RBI allows banks to pay dividends for Financial Year ended March 31 2021. Read norms

RBI allows declaration and payment of dividends by banks for financial year ended March 31 2021. Declaration / Payment of…

3 years ago