Category: RBI
PMJDY accounts cash withdrawal limit-Rs. 10000/- per month for fully KYC complaint account and Rs. 5000/- for Limited or Non KYC compliant account-RBI Reserve Bank of India Accounts under PMJDY – Precautions RBI/2016-17/165 DCM (Plg) No. 1450/10.27.00/2016-17 November 29, 2016 The Chairman / Managing Director/ Chief Executive Officer, …
Unlimited cash withdrawal of new notes deposited in bank allowed on or after November 29 2016 for active circulation of currency notes-RBI Reserve Bank of India Withdrawal of cash from bank deposit accounts – Relaxation RBI/2016-17/163 DCM.No.1437/10.27.00/2016-17 November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer, …
No revision in cash withdrawal limit including ATM. The limit of Rs 24000 was to be reviewed on 24-11-2016 as per RBI notification dated 08-11-2016 Reserve Bank of India Withdrawal of cash – Weekly limit RBI/2016-17/158 DCM (Plg) No.1424/10.27.00/2016-16 November 25, 2016 The Chairman / Managing Director/ Chief …
Exchange of old bank notes at RBI counters from 25-11-2016. The exchange shall be subject to the current limits Reserve Bank of India Withdrawal of Legal Tender Status of ₹ 500 and ₹ 1000: Exchange Facility at RBI to continue Date : Nov 25, 2016 The Reserve Bank …
Old bank notes exchange by banks discontinuation from 25-11-2016. Now such SBN of Rs. 500 and 1000 can be deposited in bank only or exchanged in RBI counters. Reserve Bank of India Discontinuation of over the Counters Exchange of SBN RBI/2016-17/155 DCM (Plg) No.1391/10.27.00/2016-17 November 24, 2016 The Chairman …
KYC Guidelines meaning and FAQ by RBI updated on 02-09-2016. To open a bank account, customer’s proof of identity/address and photograph is required Reserve Bank of India Know Your Customer-KYC-Guidelines (Updated up to September 02, 2016) (This is a summarised and simplified version of the Reserve Bank of …
Special measures to incentivise Electronic Payments-Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs), Special measures for merchants Reserve Bank of India Special measures to incentivise Electronic Payments – (i) Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs) in India (ii) Special measures for merchants RBI/2016-17/150 DPSS.CO.PD.No.1288/02.14.006/2016-17 …
Prepaid Payment Instruments for small merchants and enhancement in limits for semi-closed PPIs to meet demands of the public through digital means-RBI Reserve Bank of India Date : Nov 22, 2016 Special measures to incentivise Electronic Payments In order to meet the transactional needs of the public through …
Cash availability for Rabi Crop Season loans to farmers. RBI advises currency chests banks to ensure adequate cash supply to the DCCBs and RRBs. Reserve Bank of India Making cash available for cash for Rabi Crop Season – Advisory to banks RBI/2016-17/148 DCM (Plg) No.1345/10.27.00/2016-17 November 22, 2016 …
Fraud in withdrawal of new bank notes by bank officials in connivance with miscreants. RBI warns banks of strict compliance and record maintenance. Reserve Bank of India Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Fraudulent Practices RBI/2016-17/147 DCM …
