Category: RBI
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) …
RBI Sovereign Gold Bond Scheme 2017-18 Series-II Reserve Bank of India Sovereign Gold Bond Scheme 2017-18 Series-II The Reserve Bank of India, in consultation with Government of India, has decided to issue Sovereign Gold Bonds 2017-18 – Series II. Applications for the bond will be accepted from July 10-14, …
Relief Measures by banks in areas affected by Natural Calamities Directions 2017 by RBI. Rescheduling existing loans and sanctioning fresh loans Reserve Bank of India RBI/FIDD/2017-2018/55 Master Direction FIDD.CO.FSD.BC No.8/05.10.001/2017-18 July 03, 2017 The Chairman/Managing Director/Chief Executive Officer All scheduled commercial banks (including Small Finance Banks and excluding …
RBI Master Directions on Relief-Savings Bonds. Brokers appointment-delisting, payment & rates of brokerage, nomination facility Reserve Bank of India Master Directions on Relief-Savings Bonds RBI/2017-18/54 IDMD.CDD No.8/13.01.299/2017-18 July 1, 2017 The Chairman / Managing Director Head Office (Government Accounts Department) State Bank of India All Nationalized banks (Excluding …
RBI Master Circular-Kisan Credit Card (KCC) Scheme consolidating the relevant guidelines issued by the Bank on Kisan Credit Card scheme upto June 30, 2017 Reserve Bank of India RBI/2017-18/4 FIDD.CO.FSD.BC.No.7/05.05.010/2017-18 July 3, 2017 The Chairman / Managing Director /Chief Executive Officer All Scheduled Commercial Banks (including Small Finance …
