Category: RBI
Strengthening Free Enterprise in India – from tiny shops to large internet start-ups, the spirit of entrepreneurship is alive. Reserve Bank of India-Press Release Dated: 22-05-2016 India has come a long way in encouraging free enterprise – from tiny shops to large internet start-ups, the spirit of entrepreneurship is …
Banks authorised to accept payments of Income Tax Reserve Bank of India Date : May 16, 2016 Pay IT dues in advance at RBI or at authorised bank branches – June 2016 The Reserve Bank of India has appealed to income tax assessees to remit their income tax …
Research Internship Scheme of RBI-Essential Qualifications, Experience, Mode of Applications, Selection Process, Duration and Stipend payable. Objectives: The Reserve Bank of India has introduced a Research Internship Scheme to provide an opportunity to young individuals to expose themselves to cutting edge research in central banking. The scheme is …
Total Gold Quantity available with Government Ministry of Finance – Press Release dated 06-05-2016 Reserve Bank of India holds 557.75 metric tons of gold having value of Rs. 1334.3 billion as part of its foreign exchange reserves as on April 22, 2016. It is estimated that there are …
RBI Norms for Protecting Customers Finance Ministry Press Release dated 06-05-2016 Reserve Bank of India (RBI) has released a Charter of Customer Rights, which enshrines broad, overarching principles for protection of bank customers and enunciates the ‘five’ basic rights for bank customers, that is, (i) Right to Fair …
Words Matter but so Does Intent-Speech by Dr. Raghuram Rajan, Governor RBI – April 20, 2016 – at the 12th NIBM Convocation, Pune Congratulations to the graduating class, to their professors, and to their proud parents, siblings and friends. If you are typical, you are happy to be …
Ministry of Finance-Press Release dated 12/04/2016 As a measure towards improving the ease of doing business, procedure for Establishment of Branch Office (BO)/Liaison Office (LO)/Project Offices (PO) in India by Foreign entities simplified As a measure towards improving the ease of doing business, it has now been decided …
RBI cancels Certificate of Registration of 22 NBFCs Dated: 29-03-2016 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the 22 (twenty two) non-banking financial companies (NBFCs) as shown in Annex, in exercise of the powers conferred on it under Section 45-IA (6) of …
Sovereign Gold Bond Scheme 2016 – Series II Reserve Bank of India Press Release Sovereign Gold Bond Scheme 2016 – Series II Date: 04-03-2016 The Reserve Bank of India, in consultation with the Government of India, has decided to issue third tranche of Sovereign Gold Bonds. Applications for the …
Master Direction-Compounding Contraventions under FEMA-1999-RBI. Power, Delegation, Authorisation, Application and Pre-requisite. Reserve Bank of India RBI/FED/2015-16/1 FED Master Direction No.4/2015-16 January 1, 2016 To, All Authorised Dealer Category – I banks and Authorised banks Madam / Sir, Master Direction- Compounding of Contraventions under FEMA, 1999 The provisions of …