Category: RBI
RBI directs NBFCs to appoint nominated counsels in High Court to represent them when a petition is filed seeking interim orders/ directions against any NBFC Reserve Bank of India Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated …
Overall business sentiments in Indian manufacturing sector declined as per RBI Industrial Outlook Survey of the Manufacturing Sector for Q1:2017-18 RBI Industrial Outlook Survey of the Manufacturing Sector for Q1:2017-18 Today, the Reserve Bank released results of the 78th round of the Industrial Outlook Survey (IOS) conducted in …
General prices increase expectiation higher in the next 3 months than in previous two rounds-Households Inflation Expectations Survey of RBI Today, the Reserve Bank has released the June 2017 round of the Inflation Expectations Survey of Households (IESH) conducted in 18 cities. The results are based on responses from …
Households perceptions on employment have turned pessimistic. RBI releases results of forward looking Surveys. Consumer Confidence Survey (CCS) – June 2017 Consumer Confidence Survey by RBI The June 2017 round of the Consumer Confidence Survey (CCS) conducted by the Reserve Bank of India in six metropolitan cities – Bengaluru; …
RBI imposes monetary penalty of Rs 20 million on Union Bank of India for non-compliance with KYC norms for certain accounts related to fraud in a bank Reserve Bank of India Date : Jul 31, 2017 Reserve Bank of India imposes monetary penalty on Union Bank of India The …
RBI sets up Supervisory Colleges for six Scheduled Commercial Banks which have sizeable international presence Press Information Bureau Government of India Ministry of Finance 28-July-2017 15:39 IST RBI sets up Supervisory Colleges for six Scheduled Commercial Banks which have sizeable international presence Reserve Bank of India (RBI) has …
Minimum rest period of SCA in private-foreign bank made 6 years. An audit firm will not be eligible for appointment for 6 years after completion of its term Reserve Bank of India Appointment of Statutory Central Auditors (SCAs) – modification of rest period RBI/2017-18/29 DBS.ARS.BC.04/08.91.001/2017-18 July 27, 2017 …
RBI-Master Circular-Detection and Impounding of Counterfeit Notes updated till date.FIR on detection of 5 or more counterfeit pieces in a single transaction RESERVE BANK OF INDIA DEPARTMENT OF CURRENCY MANAGEMENT MASTER CIRCULAR – 2017-18 Detection and Impounding of Counterfeit Notes Para 1- Authority to Impound Counterfeit Notes The …
CA certificate valid for MSME investment in plant and machinery for classification as Micro Small and Medium enterprises-RBI Investment in plant and machinery for the purpose of classification as Micro, Small and Medium Enterprises-documents to be relied upon RBI/2017-18/21 FIDD.MSME & NFS.BC.No.10/06.02.31/2017-18 July 13, 2017 All Scheduled Commercial …
Zero-Limited or Maximum Liability of Customers in Unauthorised e-Banking Transaction. Banks may waive any liability even in cases of customer negligence-RBI Revised Directions Reserve Bank of India Customer Protection–Limiting Liability of Customers in Unauthorised Electronic Banking Transactions RBI/2017-18/15 DBR.No.Leg.BC.78/09.07.005/2017-18 July 6, 2017 All Scheduled Commercial Banks (including RRBs) …
