Category: RBI
Foreign Exchange Management Deposit Amendment Regulations 2019. Regulation authorising Indian company to accept deposit by issue of Commercial Paper deleted RESERVE BANK OF INDIA(FOREIGN EXCHANGE DEPARTMENT)(CENTRAL OFFICE) Notification No. FEMA 5 (R) 2 /2019-RB Mumbai, the 16th July, 2019 Foreign Exchange Management (Deposit)(Amendment) Regulations, 2019 G.S.R. 498 (E).— …
RBI extends last date for filing Foreign Liabilities and Assets FLA return for 2018-19 to 31.07.2019 RBI, in view of the recent change in reporting platform for submission of FLA return, has extended the last date for filing the FLA return for 2018-19 to July 31, 2019 for …
RBI opens third office of the Ombudsman at New Delhi As announced in the Monetary Policy Statement of December 5, 2018, the Reserve Bank of India (RBI) had launched the Ombudsman Scheme for Digital Transactions (OSDT) on January 31, 2019. The Reserve Bank has set up a third …
RBI releases June 2019 Financial Stability Report.Domestic economy hit a soft patch recently as private consumption, the key driver of GDP, turned weak The Reserve Bank of India today released the 19th issue of the Financial Stability Report (FSR). The FSR reflects the collective assessment of the Sub-Committee of …
RBI urges public to accept all coins as legal tender. Bank urges traders, shop-keepers & public to not to give credence to rumours of fake coins Reserve Bank of India Date : Jun 26, 2019 The Reserve Bank of India puts into circulation coins minted by the Government of …
RBI issues revised Prudential Framework for Resolution of Stressed Assets Hon’ble Supreme Court, vide its order dated April 2, 2019, had held the RBI circular dated February 12, 2018 on Resolution of Stressed Assets as ultra vires. In light of the same, the RBI Governor had clarified that the Reserve Bank …
RBI Governor’s Statement – Second Bi-Monthly Monetary Policy, 2019-20 Date : Jun 06, 2019 During June 3rd and 4th, 2019 the Monetary Policy Committee (MPC) assessed recent macroeconomic developments and the outlook. In its meeting today, it voted unanimously to reduce the policy repo rate by 25 basis points, …
RBI abolishes RTGS and NEFT transactions charges, ATM Fee Structure also under review. The Reserve Bank levies minimum charges on banks for transactions routed through its Real Time Gross Settlement System (RTGS) meant for large-value instantaneous fund transfers and the National Electronic Funds Transfer (NEFT) System for other …
RBI blacklists S.R.Batliboi & Co. LLP for carrying out statutory audit of commercial banks for 1 year RBI blacklists S.R.Batliboi & Co. LLP, Chartered Accountants for carrying out statutory audit assignments in commercial banks for one year starting from April 1, 2019. The above action is the outcome …
Sovereign Gold Bond Scheme 2019-20 to be issued every month from June 2019 to Sep 2019 Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued every month from June 2019 to September 2019 …
