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أكتوبر 17, 2016
Sovereign Gold Bonds issued on September 30 to be tradable from October 19
From October 19, 2016 (Wednesday), the Sovereign Gold Bonds issued on September 30, 2016 held in dematerialised form shall be eligible for trading on stock exchanges recognised by the Government of India under the Securities Contracts (Regulation) Act, 1956. The Reserve Bank of India notified this in terms of Para 17 of the Scheme. Sovereign Gold Bond Scheme 2016 -17 - Series II was announced by the Government of India vide notification dated August 29, 2016. Alpana K
From October 19, 2016 (Wednesday), the Sovereign Gold Bonds issued on September 30, 2016 held in dematerialised form shall be eligible for trading on stock exchanges recognised by the Government of India under the Securities Contracts (Regulation) Act, 1956. The Reserve Bank of India notified this in terms of Para 17 of the Scheme. Sovereign Gold Bond Scheme 2016 -17 - Series II was announced by the Government of India vide notification dated August 29, 2016. Alpana K
أكتوبر 14, 2016
RBI extends validity of Directions issued to the HCBL Co-operative Bank Ltd., Lucknow, Uttar Pradesh till April 15, 2017
The Reserve Bank of India has extended directions issued to the HCBL Co-operative Bank Ltd., Lucknow for a further period of six months from October 16, 2016 to April 15, 2017, subject to review. The bank had been under directions since the close of business on April 16, 2015 vide directive dated April 10, 2015 issued under Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive was modified and its validity extended upto October 15, 2016. The
The Reserve Bank of India has extended directions issued to the HCBL Co-operative Bank Ltd., Lucknow for a further period of six months from October 16, 2016 to April 15, 2017, subject to review. The bank had been under directions since the close of business on April 16, 2015 vide directive dated April 10, 2015 issued under Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive was modified and its validity extended upto October 15, 2016. The
أكتوبر 14, 2016
RBI cancels Certificate of Registration of NBFC
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial company (NBFC) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Comfort Intech Limited 106, Avkar, Algani Nagar, Kalarla, Daman-396210 B-01.00419 June 25, 2002 September 28, 2016 As such, the above company
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial company (NBFC) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Comfort Intech Limited 106, Avkar, Algani Nagar, Kalarla, Daman-396210 B-01.00419 June 25, 2002 September 28, 2016 As such, the above company
أكتوبر 14, 2016
RBI issues Directions to United India Co-operative Bank Ltd., Nagina, Bijnor, Uttar Pradesh – Withdrawal of Directions
The Reserve Bank of India (RBI) had issued directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) to United India Co-operative Bank Ltd., Nagina, Bijnor, Uttar Pradesh vide directive dated July 08, 2015. The Directions were extended from time to time and the last such Directive dated March 30, 2016, are currently valid upto October 14, 2016. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in
The Reserve Bank of India (RBI) had issued directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) to United India Co-operative Bank Ltd., Nagina, Bijnor, Uttar Pradesh vide directive dated July 08, 2015. The Directions were extended from time to time and the last such Directive dated March 30, 2016, are currently valid upto October 14, 2016. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in
أكتوبر 14, 2016
NBFC surrender its Certificate of Registration to RBI
The following NBFC has surrendered the Certificate of Registration granted to it by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled its Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Madhu Muskan Leasing and Financing Private Limited C-5/33, S.D.A., New Delhi-110016
The following NBFC has surrendered the Certificate of Registration granted to it by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled its Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Madhu Muskan Leasing and Financing Private Limited C-5/33, S.D.A., New Delhi-110016
أكتوبر 13, 2016
RBI extend Directions Jamkhed Merchants Co-operative Bank Ltd., Jamkhed, Ahmednagar, Maharashtra
The Reserve Bank of India, notified that Jamkhed Merchants Co-operative Bank Ltd., Ahmednagar, Maharashtra, was placed under directions for a period of six months vide directive dated April 07, 2016 from the close of business on April 12, 2016. The validity of the directions is extended for a period of six months from October 13, 2016 to April 12, 2017 vide directive dated October 06, 2016, subject to review. Reserve Bank of India, in exercise of the powers vested in
The Reserve Bank of India, notified that Jamkhed Merchants Co-operative Bank Ltd., Ahmednagar, Maharashtra, was placed under directions for a period of six months vide directive dated April 07, 2016 from the close of business on April 12, 2016. The validity of the directions is extended for a period of six months from October 13, 2016 to April 12, 2017 vide directive dated October 06, 2016, subject to review. Reserve Bank of India, in exercise of the powers vested in
أكتوبر 06, 2016
Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy
The Reserve Bank of India today placed on its website, the Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy (Chair: Smt. Lily Vadera, Chief General Manager, Department of Banking Regulation). Suggestions/comments, if any, on the recommendations contained in the Report, may be sent by email on or before November 5, 2016. Recommendations The thrust of the recommendations is to facilitate financial inclusion by ensuring availab
The Reserve Bank of India today placed on its website, the Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy (Chair: Smt. Lily Vadera, Chief General Manager, Department of Banking Regulation). Suggestions/comments, if any, on the recommendations contained in the Report, may be sent by email on or before November 5, 2016. Recommendations The thrust of the recommendations is to facilitate financial inclusion by ensuring availab
أكتوبر 05, 2016
RBI extends validity of the Directions issued to the Mercantile Urban Co-operative Bank Ltd., Meerut, Uttar Pradesh
The Reserve Bank of India (RBI) has extended the Directions issued to the Mercantile Urban Co-operative Bank Ltd., Meerut for a further period of six months from October 06, 2016 to April 05, 2017, subject to review. The bank has been under directions since October 06, 2015 vide directive dated September 30, 2015 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive had been modified / its validity extended vid
The Reserve Bank of India (RBI) has extended the Directions issued to the Mercantile Urban Co-operative Bank Ltd., Meerut for a further period of six months from October 06, 2016 to April 05, 2017, subject to review. The bank has been under directions since October 06, 2015 vide directive dated September 30, 2015 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive had been modified / its validity extended vid
أكتوبر 05, 2016
RBI extend Directions Gokul Co-operative Urban Bank Ltd., Secunderabad till April 04, 2017
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to extend the validity of the Directives issued to Gokul Co-operative Urban Bank Ltd., Secunderabad, for a further period of six months. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) has directed that the Directives issued to Gokul C
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to extend the validity of the Directives issued to Gokul Co-operative Urban Bank Ltd., Secunderabad, for a further period of six months. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) has directed that the Directives issued to Gokul C
أكتوبر 03, 2016
RBI extends Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed Dist.Nanded, Maharashtra till December 31, 2016
The Reserve Bank of India has extended Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed, Dist. Nanded (Maharashtra) for a further period of three months from the close of business as on September 30, 2016 to December 31, 2016, subject to review. The bank was under directions since July 01, 2015. The directions were earlier extended for nine months on two occasions. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub
The Reserve Bank of India has extended Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed, Dist. Nanded (Maharashtra) for a further period of three months from the close of business as on September 30, 2016 to December 31, 2016, subject to review. The bank was under directions since July 01, 2015. The directions were earlier extended for nine months on two occasions. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub
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