Category: RBI
RBI has announced Premature redemption date/price for Sovereign Gold Bond 2018-19 VI Series Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on August 12, 2024 (Series VI of SGB 2018-19). RBI has notified 12th August as next due date of premature …
New of penalty for maintaining accounts in more than one bank is fake – PIB Factcheck A misconception is being spread in some articles that according to the new guidelines of the Reserve Bank of India, now a penalty will be imposed for maintaining accounts in more than …
RBI invites E-tender for appointment of Chartered Accountants as Concurrent Auditor for the period from 01.10.2024 to 30.09.2025 Reserve Bank of India, Bhubaneswar has invited E-tender from Category-I Chartered Accountant Firms registered with ICAI for Odisha State under the Two-Bid system (Technical & Financial Bid) for Appointment of …
Will you be arrested if fake bank note is recovered from you? Often, the question is asked by a common person that “will I be arrested if fake bank notes are recovered from me? The answer is simple, No, as mere possession of a forged note does not …
FAQs – RBI Master Direction on Credit Card and Debit Card – Issuance and Conduct Directions, 2022 Query 1. What should a customer do if a credit card is issued without his/her consent (unsolicited card)? Response: Card issuers are prohibited from issuing unsolicited credit cards and are required to …
RBI issues 30 FAQs clarifying ban on Paytm Payments Bank Bank Accounts with Paytm Payments Bank 1. I have a savings or current account with Paytm Payments Bank. Can I continue to withdraw money from this account after March 15, 2024? Can I continue to use my debit …
RBI bans Paytm Payments Bank Ltd from receiving payments after February 29, 2024 In 2022, RBI had directed Paytm Payments Bank Ltd from onboarding of new customers. The bank had also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT …
RBI issues Guidelines on Appointment / Re-appointment of Statutory Auditors of State Co-operative Banks and Central Co-operative Banks RBI has issued guidelines on Appointment/Re-appointment of Statutory Auditors of Co-operative Banks. The guidelines shall come into effect from April 1, 2024. State Co-operative Banks (StCBs) and Central Co-operative Banks …
RBI revised guidelines / instruction on inoperative Accounts /Unclaimed Deposits in Banks RBI in order to assist the account holders and with a view to consolidating and rationalising the extant instructions on inoperative accounts, carried out a review. Based on the review, a comprehensive guidelines has been issued …
RBI suspends BOB World mobile App from further onboarding of customers due to material deficiencies As per the press release of the Reserve Bank of India it has directed Bank of Baroda to immediately suspend any further onboarding of the customers onto the ‘bob World’ mobile application. This action …
