Category: RBI
No 5 day week in commercial banks-RBI clarification Reserve Bank of India Date : Apr 20, 2019 RBI clarification on 5 day week in commercial banks It has been reported in certain sections of the media that commercial banks would have a 5 day week in terms of RBI …
Merger of Lakshmi Vilas Bank and Indiabulls Housing Finance Ltd not approved yet- RBI Reserve Bank of India Date : Apr 06, 2019 Announcement of Merger of Lakshmi Vilas Bank and Indiabulls Housing Finance Limited Reserve Bank of India (RBI) has learnt through media reports that Lakshmi Vilas Bank …
Supreme Court declares RBI Circular on revised framework for resolution of stressed assets ultra vires . All cases proceeded declared to be non-est ABCAUS Case Law Citation:ABCAUS 2857 (2019) (04) SC Important Case Laws Cited/relied upon by the parties RBI by Notification/circular dated 12.02.2018 had promulgated a revised …
RBI specify threshold percentage for disclosure of divergence in asset classification & provisioning by banks with additional provisioning assessed by RBI The RBI vide Notification dated 18.04.2018 mandated disclosures by banks on divergences from prudential norms on income recognition, asset classification and provisioning exceed certain thresholds. It had …
Branches of Vijaya Bank and Dena Bank to operate as branches of Bank of Baroda from 01.04.2019 Reserve Bank of India Date : Mar 30, 2019 Branches of Vijaya Bank and Dena Bank to operate as branches of Bank of Baroda from April 1, 2019 The Amalgamation of Vijaya …
All Agency Banks to remain open for public on March 31, 2019 (Sunday) RESERVE BANK OF INDIA RBI/2018-19/150 DBR.No.Leg.BC.30/09.07.005/2018-19 March 26, 2019 All Agency Banks Dear Sir/ Madam All Agency Banks to remain open for public on March 31, 2019 (Sunday) The Government of India has advised that …
RBI Defers Implementation of Indian Accounting Standards (Ind AS) for Scheduled Commercial Banks BI/2018-2019/146DBR.BP.BC.No.29/21.07.001/2018-19 March 22, 2019 All Scheduled Commercial Banks(excluding Regional Rural Banks) Madam / Dear Sir, Deferral of Implementation of Indian Accounting Standards (Ind AS) Please refer to paragraph 3 of the Statement on Developmental and Regulatory …
RBI Expert Committee on MSME invites suggestions on structural bottlenecks and factors affecting the performance of the sector Reserve Bank has constituted an ‘Expert Committee on Micro, Small & Medium Enterprises (MSMEs)’ to understand the structural bottlenecks and factors affecting the performance of the sector. The details regarding …
RBI reiterates its stand on Stressed Assets as per Revised Framework on Resolution of Stressed Assets dated 12.02.2018 According to the press release issued by the RBI, there have been some media reports about the stance of the Reserve Bank of India with regard to the Revised Framework …
RBI to issue 12 edged polygon shaped twenty rupees coin along with circular coins of one, two, five & ten. Read RBI vide notification G.S.R. 184(E) dated 06.03.2019 has notified the Coinage of One Rupee, Two Rupees, Five Rupees, Ten Rupees and Twenty Rupees Rules, 2019 The notification …
