rbi circular

  • RBI

FIs to release all property documents and remove charges within 30 days of repayment of loan

Financial Institutions to release all property documents and remove charges within 30 days of repayment of loan or to pay…

8 months ago
  • RBI

Penal interest on loan defaults replaced by Penal Charges i.e, no further interest on such charges – RBI

Penal interest on loan defaults replaced by Penal Charges i.e, no further interest on such charges. RBI releases Draft Circular…

1 year ago
  • RBI

GST applicable on service charges levied on cash deposited by non-chest bank branches – RBI

GST applicable on service charges levied on cash deposited by non-chest bank branches to the Currency Chests - RBI Clarification …

2 years ago
  • RBI

RBI allows infusion of capital in overseas branches, repatriation of profits by Indian banks

RBI gives general permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits in…

2 years ago
  • RBI

RBI extends deadline for closing of banks current accounts by those availing CC/OD facility

RBI extends deadline for closing of banks current accounts by those availing CC/OD facility   RBI, in order to enforce…

3 years ago
  • RBI

RBI bans American Express and Diners Club from on-boarding new domestic customers in card networks from 01.05.2021

RBI takes supervisory action on Card Networks – American Express Banking Corp. and Diners Club International Ltd The Reserve Bank…

3 years ago
  • RBI

RBI allows banks to pay dividends for Financial Year ended March 31 2021. Read norms

RBI allows declaration and payment of dividends by banks for financial year ended March 31 2021. Declaration / Payment of…

3 years ago
  • RBI

RBI modifies Data Format for Furnishing of Credit Information to Credit Information Companies

RBI modifies Data Format for Furnishing of Credit Information to Credit Information Companies  RBI in 2014 prescribed Data Format for…

3 years ago
  • RBI

FAQ-Compliance functions in banks and Role of Chief Compliance Officer (CCO)

FAQ on Compliance functions in banks and Role of Chief Compliance Officer (CCO) The other day the RBI had issued…

3 years ago
  • RBI

Bank can open specific accounts stipulated under statutes / Regulations without restrictions

Bank can open specific accounts stipulated under statutes / Regulations without restrictions - RBI FAQs on opening of Current Accounts…

3 years ago