Category: RBI
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-RBIÂ 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 …
