Category: 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. 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 …
RBI FAQ on Foreign Investments in India updated as on February 13, 2017. RBI has issued 35 common queries and answers in an easy to understand language. FAQ on Foreign Investments in India (Updated as on February 13, 2017) These FAQs attempt to put in place the common …
Updated FAQs on cash withdrawal-exchange of Bank Notes by RBI dated 09-02-2017. Effective March 13, 2017, there will be no limits on cash withdrawals from Savings Bank accounts. Withdrawal of Legal Tender Character of the old Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- and The …
No savings bank cash withdrawals limit from 13-03-2017. Limit enhanced to Rs. 50,000 per week from current limit of Rs. 24000 per week Removal of limits on withdrawal of cash from Saving Bank Accounts RBI/2016-17/224 DCM (Plg) 3107/10.27.00/2016-17 February 08, 2017 All Banks Dear Madam / Sir, Removal …
NBFCs registration certificate cancelled by RBI. As per order nine Non-Banking Financial Companies cannot transact the business as per RBI Act Reserve Bank of India Press Release Date : Feb 06, 2017 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking …
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. …
