Category: RBI

Fake Currency Notes Circulation RBI warning. The fake notes can be identified on closer inspection. Details are available at RBI website paisa-bolta-hai

Fake Currency Notes Circulation RBI warning. The fake notes can be identified on closer inspection. Details are available at RBI website paisa-bolta-hai  Reserve Bank of India Date : Oct 26, 2016 Circulation of Counterfeit (fake) Currency Notes – Public Notice It has come to our notice that unscrupulous …

Auditors to submit additional NBFC Report to Board of Directors. RBI Master Direction-NBFC Auditor’s Report (Reserve Bank) Directions 2016

Auditors to submit additional NBFC Report to Board of Directors. RBI Master Direction-NBFC Auditor’s Report (Reserve Bank) Directions 2016 Reserve Bank of India BI/DNBS/2016-17/48 Master Direction DNBS. PPD.03/66.15.001/2016-17 September 29, 2016 Master Direction – Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2016 In exercise of the powers …

RBI-Customers Limited Liability in Unauthorised Net Banking Transactions. After reporting unauthorised transaction to bank loss shall be borne by bank.

RBI-Customers Limited Liability in Unauthorised Net Banking Transactions. After reporting unauthorised transaction to bank loss shall be borne by bank. Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions Reserve Bank of India (RBI) has placed a Draft Circular on “Customer Protection – Limiting Liability of Customers …

Cheque dishonour-Cheque book non issue procedure relaxation. Even for four dishonours during FY for insufficient fund bank to determine their response.

Dishonour of cheques – Modification in procedure RBI/2016-17/33 DBR.No.Leg.BC.3/09.07.005/2016-17 August 04, 2016 All Scheduled Commercial Banks (Including RRBs) Dear Sir/ Madam, Dishonour of cheques – Modification in procedure Please refer to our circular DBOD.BC.Leg.No.113/09.12.001/2002-03 dated June 26, 2003 and paragraph 11.4 (i) of RPCD.CO.RRB.BC.No.100/03.05.33/2013-14 dated May 12, 2014 …

Implementation of Ind AS by All India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) for accounting periods beginning from April 1, 2018

Implementation of Indian Accounting Standards (Ind AS) Reserve Bank of India RBI/2016-17/34 RBI/2016-17/DBR.FID.No. 1/01.02.000/2016-17 August 04, 2016 All India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) Madam / Dear Sir, Implementation of Indian Accounting Standards (Ind AS) The Ministry of Corporate Affairs (MCA), Government of India has …