Category: RBI
ATM-Current account Cash withdrawal limit increased. For ATM from Rs. 4500/- to 10000/- per day per card and for C/A or overdrafts from 50000/- per week to 100000/- Reserve Bank of India Enhancement of withdrawal limits from ATMs and Current Accounts RBI/2016-17/213 DCM (Plg) No.2559/10.27.00/2016-17 January 16, 2017 …
How Asset Prices Interact with Bank Credit and Monetary Policy? Evidence from Emerging Market and Developing Economies RBI Working Paper Series No. 01: How Asset Prices Interact with Bank Credit and Monetary Policy? Evidence from Emerging Market and Developing Economies By Bhupal Singh and Avadhoot R. Nadkarni The …
Actual numbers of SBNs returned to be disclosed soon-RBI clarifies that there might be accounting errors or possible double counts etc. Reserve Bank of India Date : Jan 05, 2017 Clarification regarding Specified Bank Notes (SBNs) There had been various estimates on SBNs tendered in certain sections. We …
Foreign citizens can exchange old notes till 31-01-2017. RBI relaxes the SBNs exchange facility to foreign citizens (i.e. foreign passport holders) Reserve Bank of India RBI/2016-17/208 A.P. (DIR Series) Circular No. 24 January 03, 2017 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention …
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 …
