Category: RBI

Cybercrime audit of banks to check loopholes- RBI Instruction

Cybercrime audit of banks to check loopholes- RBI Instruction. Circular requires banks to have cyber-security policy, cyber crisis management plan etc.  Ministry of Finance Cybercrime audit on banks to check loopholes To address the issue of cyber resilience, RBI vide circular dated December 9, 2016 had instructed all …

PMGKDS 2016 Form V reference number to be quoted on while uploading the same renamed as Deposit Reference Number- RBI

PMGKDS 2016 Form V reference number to be quoted on while uploading the same renamed as Deposit Reference Number- RBI Clarification RBI/2016-17/251 IDMD.CDD.No. 2347/14.04.051/2016-17 March 16, 2017 The Chairman/CEO/ Managing Director, All Authorised Banks, (All Banks to which Banking Regulation Act, 1949 applies) Dear Sir/Madam, Pradhan Mantri Garib …

Demonetisation adverse impact was transient and felt mainly in November and December 2016. The impact moderated significantly in January 2017-RBI

Demonetisation adverse impact was transient and felt mainly in November and December 2016. The impact moderated significantly in January 2017-RBI Macroeconomic Impact of Demonetisation- A Preliminary Assessment Reserve Bank of India March 10, 2017 Demonetisation announced on November 8, 2016 was aimed at addressing corruption, black money, counterfeit …

RBI inducts Chartered Accountant in Committee on Cyber security to review threats in existing/emerging technology and suggest policy interventions

RBI inducts Chartered Accountant in Committee on Cyber security to review threats in existing/emerging technology and suggest policy interventions.   Date : Feb 28, 2017 Reserve Bank Establishes an Inter-disciplinary Standing Committee on Cyber Security he Reserve Bank of India has set up an Inter-disciplinary Standing Committee on …