Category: RBI
Audit Firms appointed as Statutory Central Auditors for 2016-17 in 25 Public Sector Banks. Final list of CA firms as per RBI website Names of Audit Firms approved for appointment as Statutory Central Auditors in 25 Public Sector Banks for the year 2016-17 Sr No Auditors appointed for …
RBI-Risk of Virtual Currencies including Bitcoins. Bitcoins as medium for payment is not authorised by any central bank or monetary authority Reserve Bank of India Date : Dec 24, 2013 RBI cautions users of Virtual Currencies against Risks The Reserve Bank of India has today cautioned the users, …
Cash Withdrawal Limit Removed-ATM for current overdraft cash credit accounts immediately and for ATM from 01-02-2017 Reserve Bank of India Limits on Cash withdrawals from Bank accounts and ATMs – Restoration of status quo ante RBI/2016-17/217 DCM (Plg) No. 2905/10.27.00/2016-17 January 30, 2017 The Chairman / Managing Director …
Business Sentiments for Q4 2016-17 Declines-RBI Survey Decline in Overall Business Sentiments for Q4:2016-17: RBI’s Industrial Outlook Survey finds The 76th round of the Reserve Bank of India’s Industrial Outlook Survey (IOS) indicated a decline in business sentiments. This round of the survey was conducted during October-December 2016. …
Career Opportunities at ReBIT. Reserve Bank Information Technology Pvt Ltd. has been set up by the RBI to cater IT requirements, including cyber security. Reserve Bank of India Date: 18-01-2017 Career Opportunities at Reserve Bank Information Technology Pvt Ltd Reserve Bank Information Technology Private Limited (ReBIT), a …
ATM-Current account Cash withdrawal limit increased. For ATM from Rs. 4500/- to 10000/- per day per card and for C/A or overdrafts from 50000/- per week to 100000/- Reserve Bank of India Enhancement of withdrawal limits from ATMs and Current Accounts RBI/2016-17/213 DCM (Plg) No.2559/10.27.00/2016-17 January 16, 2017 …
How Asset Prices Interact with Bank Credit and Monetary Policy? Evidence from Emerging Market and Developing Economies RBI Working Paper Series No. 01: How Asset Prices Interact with Bank Credit and Monetary Policy? Evidence from Emerging Market and Developing Economies By Bhupal Singh and Avadhoot R. Nadkarni The …
Actual numbers of SBNs returned to be disclosed soon-RBI clarifies that there might be accounting errors or possible double counts etc. Reserve Bank of India Date : Jan 05, 2017 Clarification regarding Specified Bank Notes (SBNs) There had been various estimates on SBNs tendered in certain sections. We …
Foreign citizens can exchange old notes till 31-01-2017. RBI relaxes the SBNs exchange facility to foreign citizens (i.e. foreign passport holders) Reserve Bank of India RBI/2016-17/208 A.P. (DIR Series) Circular No. 24 January 03, 2017 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention …
Allocation of 40 percent bank notes to rural areas. RBI advisory for banks currency chests to issue cash in denominations of Rs 500 and below Reserve Bank of India RBI/2016-17/207 DCM (Plg) No.2200/10.27.00/2016-17 January 03, 2017 The Chairman / Managing Director/ Chief Executive Officer, (All banks with currency …