Category: RBI
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 …
Exchange of SBNs Facility for Citizens-NRIs who were Abroad. Scheme opens from 02-01-2017 to 31-03-2017 for residents and for NRIs from 02-01-2017 to 30-06-2017 Reserve Bank of India Date : Dec 31, 2016 RBI introduces Facility for Citizens and NRIs who were Abroad for Exchange of SBNs The …
Exchange of old notes-SBNs during Grace Period for resident and non-resident citizens who could not avail facility till 30-12-2016 due to absence from India Reserve bank of India Facility for exchange of Specified Bank Notes (SBNs) during Grace Period – Verification of KYC and Account details RBI/2016-17/205 DCM …
Daily ATM cash withdrawal limit increased to Rs 4500 from 01-01-2017 per day per card from Existing limit of Rs. 2500. No change in weekly limits-RBI Reserve Bank of India Cash withdrawal from ATMs – Enhancement of daily limits RBI/2016-17/204 DCM (Plg) No. 2142/10.27.00/2016-17 December 30, 2016 The …
Old Notes cannot form part of bank cash balances as on 31-12-2016. RBI Circular-Closure of scheme of exchange of SBNs and Accounting RBI/2016-17/201 DCM (Plg) No.2103/10.27.00/2016-17 …
Substandard NPA loan period relaxed by further 30 days in addition to 60 days provided due to demonetisation for term loans cash credit of 1 crores or less Reserve Bank of India Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances RBI/2016-17/198 DBR.No.BP.BC.49/21.04.048/2016-17 December …
Purchase and sale of securities other than shares or convertible debentures of an Indian company by a person resident outside India-RBI Reserve Bank of India RBI/2016-17/197 A.P. (DIR Series) Circular No.23 December 27, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Purchase and sale of …
Rs 5000 one time deposit circular withdrawn by RBI. Earlier it was mandated that above Rs. 5000 old bank notes can be deposited once only Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes (Specified Bank Notes) – Deposit of Specified Bank Notes …
Old note bank deposit one time limit not apply to PMGKY-2016. After Mof notification dated 18-12-2016, RBI notification clarifies on various aspects of SNNS deposit into bank accounts Reserve Bank of India Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes (Specified Bank …
RBI on 21-12-2016 withdrawn the one time deposit limit along with requirement of enquiry by two bank officials for KYC compliant bank accounts. Read more Click Here >> Old bank notes can be deposited in bank account only once till 30-12-2016 if the amount is in excess of …
