Category: RBI
Banks to preserve CCTV recordings from 08-11-2016 to 30-12-2016 for action in illegal accumulation of new currency notes-RBI Reserve Bank of India Preservation of CCTV recordings RBI/2016-17/181 DCM (Plg) No. 1712/10.27.00/2016-17 December 13, 2016 The Chairman & Managing Director Chief Executive Officers All Banks Dear Sir, Preservation of …
Axis Bank Licence Cancellation rumours for allegations of serious irregularities in deposit/exchange of Specified Bank Notes denied by RBI Date : Dec 12, 2016 RBI denies Rumours on Axis Bank The Reserve Bank of India today clarified that it has not initiated any action to cancel the banking …
OTP based e-KYC for new bank accounts-RBI amends master direction. KYC data to be Uploaded with Central KYC Records Registry Reserve Bank of India Amendment to Master Direction on Know Your Customer RBI/2016-17/176 DBR.AML.BC. No. 18/14.01.001/2016-17 December 8, 2016 All Regulated Entities (REs) Dear Sir/Madam, Amendment to Master …
Customer due diligence for re-activation of dormant bank accounts. Ensuring genuineness of transaction, verification of signature and identity – RBI Reserve Bank of India Requirement of customer due diligence and need for maintenance of records RBI/2016-17/173 DBR.AML.BC.No.44/14.01.001/2016-17 December 06, 2016 All Regulated Entities (REs) Dear Sir/Madam, Requirement of …
Electronic Payment Systems Data for November-2016-RBI. As per provisional data released, 664.39 million payments were made valued at 93993.89 billion Reserve Bank of India Date : Dec 02, 2016 Daily Release of Electronic Payment Systems Data from RBI The Reserve Bank of India today released provisional data for …
Fake RBI social media demonetisation circular information. RBI advises bank and public not to rely onunsecured-unofficial social media channels. From yesterday, a fake circular/notification bearing serial number RBI/2016-17/166 purporting to be from RBI was in active circulation in social media channels (whatsapp, facebook accounts etc. ). According to …
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 …
