Tag: rbi master circular

RBI extends timeline for compliance with various payment system requirements

RBI extends timeline for compliance with various payment system requirements Extension of timeline for compliance with various payment system requirements Reserve Bank of India (RBI) had in past issued instructions on Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPI-MD),  enhancing security of card transactions, harmonisation …

RBI allows Cost accountants certificate for claiming agency commission by banks. Read Notification

RBI allows cost accountant’s certificate for claiming agency commission by banks. Earlier only CAs were authorised. Download Revised Formats. Read Notification  RBI allows cost accountant’s certificate for claiming agency commission by banks RBI has allowed that agency banks while claiming agency commission may submit the required reconciliation certificate …

Relief Measures by banks in areas affected by Natural Calamities Directions 2017 by RBI

Relief Measures by banks in areas affected by Natural Calamities Directions 2017 by RBI. Rescheduling existing loans and sanctioning fresh loans  Reserve Bank of India RBI/FIDD/2017-2018/55 Master Direction FIDD.CO.FSD.BC No.8/05.10.001/2017-18 July 03, 2017 The Chairman/Managing Director/Chief Executive Officer All scheduled commercial banks (including Small Finance Banks and excluding …

RBI Master Circular-Credit facilities to SC and STs by Banks.

RBI Master Circular-Credit facilities to SC and STs by Banks. Measures to be taken to step up their advances to Scheduled Castes & Scheduled Tribes  Reserve Bank of India RBI/2017-18/7 FIDD.CO.GSSD.BC.No.06/09.09.001/2017-18 July 01, 2017 The Chairman / Managing Director & CEO All Scheduled Commercial Banks Dear Sir, Master …

RBI Master Circular-Credit Facilities to Minority Communities

RBI Master Circular-Credit Facilities to Minority Communities Reserve Bank of India RBI/2017-2018/6 FIDD.GSSD.BC.No.05/09.10.01/2017-18 July 01, 2017 The Chairman/ Managing Director All Scheduled Commercial Banks (Excluding RRBs and Foreign banks with less than 20 branches) Dear Sir, Master Circular- Credit Facilities to Minority Communities Please refer to our Master Circular …

Master Circular-Facility for Exchange of Notes and Coins

Master Circular-Facility for Exchange of Notes and Coins Reserve Bank of India RBI/2017-18/3 DCM(NE)No.G – 1/08.07.18/2017-18 July 03, 2017 The Chairman and Managing Director / The Managing Director/ The Chief Executive Officer All Banks Madam / Dear Sir Master Circular-Facility for Exchange of Notes and Coins Please refer …

Soiled Mutilated Imperfect Currency Notes Exchange Procedure-RBI. Up to 20 pieces with maximum value of Rs.5000 exchanged over the counter free of charge

Reserve Bank of India Master Circular – Facility for Exchange of Notes and Coins RBI/2016-17/21 DCM (NE) No.G-1/08.07.18/2016-17 July 18, 2016 The Chairman and Managing Director / The Managing Director/ The Chief Executive Officer All Banks Madam / Dear Sir Master Circular – Facility for Exchange of Notes …