Category: RBI
Autonomy of RBI acceptable within the framework of RBI Act says Minister of State for Finance. RBI transferred surplus fund of Rs. 2.65 lakh crores to Govt in last 5 years Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in …
RBI Guidelines on Minimum level of loan component and Effective date With a view to enhance credit discipline among the larger borrowers enjoying working capital facility from the banking system, RBI has issued final guidelines for delivery of bank credit for such borrowers RBI Final Guidelines on Loan …
Relaxation on the guidelines to NBFCs on securitisation transactions In order to encourage NBFCs to securitise/assign their eligible assets, RBI has decided to relax the Minimum Holding Period (MHP) requirement for originating NBFCs, in respect of loans of original maturity above 5 years, to receipt of repayment of …
Foreign Exchange Management Deposit Amendment Regulations 2018. Opening of foreign currency A/c by FPI / Foreign Venture Capital Investor registered with SEBI RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION New Delhi, the 9th November, 2018 No. FEMA 5 (R)(1)/2018-RB Foreign Exchange Management (Deposit) (Amendment) Regulations, 2018 …
RBI Master Direction – Fit and Proper Criteria for Sponsors – Asset Reconstruction Companies (Reserve Bank) Directions, 2018 RBI/DNBR/2018-19/66 Master Direction DNBR. PD (ARC) CC. No. 06/26.03.001/2018-19 Dated: October 25, 2018 The Chairman / Managing Director / Chief Executive Officer All registered Asset Reconstruction Companies Dear Sir/ Madam, …
RBI issues dissent note on the draft Payment and Settlement System Bill 2018. The Payments Regulatory Board (PRB) must be headed by Governor, Reserve Bank of India The Government, under the chairmanship of Secretary, Department of Economic Affairs, had formed an Inter-Ministerial Committee for finalization of amendments to the …
Sovereign Gold Bond Scheme 2018 -19 to be issued every month from October 2018 to February 2019 Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds-2018-19. The Sovereign Gold Bonds will be issued every month from October 2018 to February …
RBI Award Scheme for Outstanding Writings in the Field of Banking Hindi. Prize amount is Rs. 125000 and last date to apply is 30.11.2018. Read Eligibility Award Scheme For Outstanding Writings in the Field of Banking Hindi To encourage original writings and research in Banking Hindi, Reserve Bank …
RBI ECB Policy Liberalisation-Companies in manufacturing sector can raise ECB up to USD 50 million or equivalent with minimum 1 year average maturity period External Commercial Borrowings (ECB) Policy – Liberalisation RBI/2018-19/48 A.P. (DIR Series) Circular No.9 September 19, 2018 To All Category-I Authorised Dealer Banks Madam / …
Exchange/Refund of mutilated notes. RBI (Note Refund) Amendment Rules, 2018 RESERVE BANK OF INDIA NOTIFICATION Mumbai, the 5th September, 2018 RBI/DCM (NE) No. 631/08.01.01/2018-19.—In exercise of the powers conferred by the proviso to section 28 read with sub-section (1) and clause (q) of sub-section (2) of section 58 of …
