Press Releases - Regulating Commercial Banking - આરબીઆઈ - Reserve Bank of India
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ફેબ્રુ 01, 2017
Ujjivan Small Finance Bank Limited commences operations
Ujjivan Small Finance Bank Limited has commenced operations as a small finance bank with effect from February 1, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Ujjivan Financial Services Private Limited, Bengaluru was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press re
Ujjivan Small Finance Bank Limited has commenced operations as a small finance bank with effect from February 1, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Ujjivan Financial Services Private Limited, Bengaluru was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press re
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જાન્યુ 30, 2017
India Post Payments Bank Limited commences operations
India Post Payments Bank Limited has commenced operations as a payments bank with effect from January 30, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Department of Posts was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D. Jadhav Assista
India Post Payments Bank Limited has commenced operations as a payments bank with effect from January 30, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Department of Posts was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D. Jadhav Assista
જાન્યુ 27, 2017
Financial Action Task Force (FATF) Public Statement dated October 21, 2016
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdiction of Democratic People's Republic of Korea (DPRK). Jurisdiction of Iran is subject to the FATF call on its members to apply enhanced due diligence measures proportionate to the risks arising f
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdiction of Democratic People's Republic of Korea (DPRK). Jurisdiction of Iran is subject to the FATF call on its members to apply enhanced due diligence measures proportionate to the risks arising f
જાન્યુ 23, 2017
Suryoday Small Finance Bank Limited commences operations
Suryoday Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Suryoday Micro Finance Private Limited, Navi Mumbai was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press
Suryoday Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Suryoday Micro Finance Private Limited, Navi Mumbai was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press
જાન્યુ 23, 2017
Utkarsh Small Finance Bank Limited commences operations
Utkarsh Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Utkarsh Micro Finance Private Limited, Varanasi was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press relea
Utkarsh Small Finance Bank Limited has commenced its operations as a small finance bank with effect from January 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Utkarsh Micro Finance Private Limited, Varanasi was one of the 10 applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press relea
જાન્યુ 19, 2017
Scheduled Bank's Statement of Position in India as on Friday, January 06, 2017
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 8-Jan-16 23-DEC-2016 * 06-JAN-2017 * 8-Jan-16 23-DEC-2016 * 06-JAN-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1545.63 1745.18 1692.54 1604.06 1817.89 1764.01 ** b) Borrowings from banks 538.71 513.63 530.09 539.61 514.72 530.52 c) Other demand & time liabilities 240.39 98.28 182.7 240.39 98.28 182.7 II LIABILITIES TO OTHERS (A) a) Depos
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 8-Jan-16 23-DEC-2016 * 06-JAN-2017 * 8-Jan-16 23-DEC-2016 * 06-JAN-2017 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1545.63 1745.18 1692.54 1604.06 1817.89 1764.01 ** b) Borrowings from banks 538.71 513.63 530.09 539.61 514.72 530.52 c) Other demand & time liabilities 240.39 98.28 182.7 240.39 98.28 182.7 II LIABILITIES TO OTHERS (A) a) Depos
જાન્યુ 04, 2017
Scheduled Banks' Statement of Position in India as on Friday, December 23, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 25-DEC-2015 09-DEC-2016* 23-DEC-2016* 25-DEC-2015 09-DEC-2016* 23-DEC-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1500.95 1766.01 1745.18 1558.55 1839.96 1817.89** b) Borrowings from banks 546.01 624.56 513.63 547.52 626.67 514.72 c) Other demand & time liabilities 207.57 110.01 98.28 207.64 110.01 98.28 II LIABILITIES TO OTHERS (A) a) De
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 25-DEC-2015 09-DEC-2016* 23-DEC-2016* 25-DEC-2015 09-DEC-2016* 23-DEC-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1500.95 1766.01 1745.18 1558.55 1839.96 1817.89** b) Borrowings from banks 546.01 624.56 513.63 547.52 626.67 514.72 c) Other demand & time liabilities 207.57 110.01 98.28 207.64 110.01 98.28 II LIABILITIES TO OTHERS (A) a) De
ડિસે 23, 2016
RBI opens the Office of the Banking Ombudsman at Ranchi
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the Banking Ombudsman, Patna, the Reserve Bank of India has set up an Office of the Banking Ombudsman for the State of Jharkhand at Reserve Bank of India, Ranchi. The Office of the Banking Ombudsman at Reserve Bank of India, Ranchi will have the jurisdiction over the entire State of Jharkhand, which hitherto was under the jur
Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the Banking Ombudsman, Patna, the Reserve Bank of India has set up an Office of the Banking Ombudsman for the State of Jharkhand at Reserve Bank of India, Ranchi. The Office of the Banking Ombudsman at Reserve Bank of India, Ranchi will have the jurisdiction over the entire State of Jharkhand, which hitherto was under the jur
ડિસે 23, 2016
RBI opens the Office of the Banking Ombudsman at Dehradun
Considering the significant increase in banking network during the recent past and the vast jurisdiction being covered by the current Office of the Banking Ombudsman, Kanpur, the Reserve Bank of India has set up an Office of the Banking Ombudsman at Reserve Bank of India, Dehradun. The Office of the Banking Ombudsman at Reserve Bank of India, Dehradun will have the jurisdiction over the entire State of Uttarakhand and also the seven districts of Western Uttar Pradesh
Considering the significant increase in banking network during the recent past and the vast jurisdiction being covered by the current Office of the Banking Ombudsman, Kanpur, the Reserve Bank of India has set up an Office of the Banking Ombudsman at Reserve Bank of India, Dehradun. The Office of the Banking Ombudsman at Reserve Bank of India, Dehradun will have the jurisdiction over the entire State of Uttarakhand and also the seven districts of Western Uttar Pradesh
ડિસે 22, 2016
RBI's DEA Fund Committee approves Five More Entities for Depositors’ Awareness Programmes
The Reserve Bank of India today released the names of five additional entities that have been approved by the Depositor Education and Awareness (DEA) Fund Committee for registration. The names of the approved five entities are: Sl No. Name of the Applicant 1. Global Alliance for Sustainable Development 2. CRISIL Foundation 3. Upbhokta Margdarshan Samiti (UMAS), Jodhpur 4. The Institute of Company Secretaries of India 5. Mother Swayam Seva Grameen Abhivruddhi(R) Samsth
The Reserve Bank of India today released the names of five additional entities that have been approved by the Depositor Education and Awareness (DEA) Fund Committee for registration. The names of the approved five entities are: Sl No. Name of the Applicant 1. Global Alliance for Sustainable Development 2. CRISIL Foundation 3. Upbhokta Margdarshan Samiti (UMAS), Jodhpur 4. The Institute of Company Secretaries of India 5. Mother Swayam Seva Grameen Abhivruddhi(R) Samsth
ડિસે 21, 2016
Scheduled Bank's Statement of Position in India as on Friday, December 09, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 11-Dec-15 25-NOV-2016* 09-DEC-2016* 11-Dec-15 25-NOV-2016* 09 Dec 2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1474.45 1892.65 1766.01 1532.77 1962.96 1839.96** b) Borrowings from banks 604.31 506.5 624.56 605.52 507.22 626.67 c) Other demand & time liabilities 215.66 40.49 110.01 215.66 40.49 110.01 II LIABILITIES TO OTHERS (A) a) Deposit
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 11-Dec-15 25-NOV-2016* 09-DEC-2016* 11-Dec-15 25-NOV-2016* 09 Dec 2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1474.45 1892.65 1766.01 1532.77 1962.96 1839.96** b) Borrowings from banks 604.31 506.5 624.56 605.52 507.22 626.67 c) Other demand & time liabilities 215.66 40.49 110.01 215.66 40.49 110.01 II LIABILITIES TO OTHERS (A) a) Deposit
ડિસે 21, 2016
RBI signs Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Banking Regulation and Supervision Agency, Turkey
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Banking Regulation and Supervision Agency of Republic of Turkey. The MoU was signed by Mr Mehmet İrfan Kurt, Vice Chairman on behalf of Banking Regulation and Supervision Agency and Mrs Meena Hemchandra, Executive Director on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Banking Regulation and Supervision Agency of Republic of Turkey. The MoU was signed by Mr Mehmet İrfan Kurt, Vice Chairman on behalf of Banking Regulation and Supervision Agency and Mrs Meena Hemchandra, Executive Director on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter
ડિસે 21, 2016
RBI Imposes Monetary Penalty on Five Authorised Dealer Banks
The Reserve Bank of India has imposed monetary penalty on the following five banks for violation of Reserve Bank of India’s instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA). The details of the penalty amounts are: S. No. Name of the bank Penalty Amount (in ₹) 1. Bank of America 10,000 2. Bank of Tokyo Mitsubishi 10,000 3. Deutsche Bank 20,000 4. The Royal Bank of Scotland 10,000 5. Standard Chartered Bank 10,000 The penalties
The Reserve Bank of India has imposed monetary penalty on the following five banks for violation of Reserve Bank of India’s instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA). The details of the penalty amounts are: S. No. Name of the bank Penalty Amount (in ₹) 1. Bank of America 10,000 2. Bank of Tokyo Mitsubishi 10,000 3. Deutsche Bank 20,000 4. The Royal Bank of Scotland 10,000 5. Standard Chartered Bank 10,000 The penalties
ડિસે 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 licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified Bank Notes in a few branches of the bank. The clarification comes in the background of rumours in a segment of the media that the bank was likely to lose its banking licence. Alpana Killawala Principal Adviser Press Release
The Reserve Bank of India today clarified that it has not initiated any action to cancel the banking licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified Bank Notes in a few branches of the bank. The clarification comes in the background of rumours in a segment of the media that the bank was likely to lose its banking licence. Alpana Killawala Principal Adviser Press Release
ડિસે 09, 2016
Scheduled Bank's Statement of Position in India as on Friday, November 25, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 27-NOV-2015 11- NOV -2016 * 25-NOV-2016 * 27-NOV-2015 11-NOV -2016* 25-NOV-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1496.01 1643.53 1892.65 1554.42 1732.37 1962.96 ** b) Borrowings from banks 533.93 640.36 506.5 535.52 641.66 507.22 c) Other demand & time liabilities 63.76 42.15 40.49 63.76 42.15 40.49 II LIABILITIES TO OTHERS (A) a)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 27-NOV-2015 11- NOV -2016 * 25-NOV-2016 * 27-NOV-2015 11-NOV -2016* 25-NOV-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1496.01 1643.53 1892.65 1554.42 1732.37 1962.96 ** b) Borrowings from banks 533.93 640.36 506.5 535.52 641.66 507.22 c) Other demand & time liabilities 63.76 42.15 40.49 63.76 42.15 40.49 II LIABILITIES TO OTHERS (A) a)
ડિસે 09, 2016
RBI releases Annual Report of the Banking Ombudsman Scheme
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2015-2016. Highlights 1,02,894 complaints were received by 15 Offices of the Banking Ombudsmen Complaints increased by 21% compared to the previous year. Offices of Banking Ombudsmen maintained a disposal rate of 95%. 18 Awards were issued by the Banking Ombudsmen. 34 appeals were received by the Appellate Authority against the awards/decisions of Banking Ombudsme
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2015-2016. Highlights 1,02,894 complaints were received by 15 Offices of the Banking Ombudsmen Complaints increased by 21% compared to the previous year. Offices of Banking Ombudsmen maintained a disposal rate of 95%. 18 Awards were issued by the Banking Ombudsmen. 34 appeals were received by the Appellate Authority against the awards/decisions of Banking Ombudsme
ડિસે 08, 2016
Activity at Banks during November 10 to December 7, 2016
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and/or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. The Reserve Bank has also made arrangements for supply of adequate quantity of banknotes in various denominations to the pub
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and/or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. The Reserve Bank has also made arrangements for supply of adequate quantity of banknotes in various denominations to the pub
ડિસે 07, 2016
RBI Withdraws the Incremental CRR
On November 26, 2016 the Reserve Bank had announced an incremental cash reserve ratio (CRR) of 100 per cent of the increase in net demand and time liabilities (NDTL) of scheduled banks between September 16, 2016 and November 11, 2016 effective the fortnight beginning November 26, 2016. It was intended to absorb a part of the large increase in liquidity in the system following the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes. It wa
On November 26, 2016 the Reserve Bank had announced an incremental cash reserve ratio (CRR) of 100 per cent of the increase in net demand and time liabilities (NDTL) of scheduled banks between September 16, 2016 and November 11, 2016 effective the fortnight beginning November 26, 2016. It was intended to absorb a part of the large increase in liquidity in the system following the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes. It wa
નવે 23, 2016
Scheduled Bank's Statement of Position in India as on Friday, November 11, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 13-NOV-2015 28-OCT- 2016* 11-NOV-2016* 13-NOV-2015 28-OCT- 2016* 11-NOV-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1461.94 1574.31 1643.53 1520.35 1641.55 1732.37** b) Borrowings from banks 509.18 597.15 640.36 510.19 597.84 641.66 c) Other demand & time liabilities 58.14 78.57 42.15 58.19 78.57 42.15 II LIABILITIES TO OTHERS (A) a) Depo
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 13-NOV-2015 28-OCT- 2016* 11-NOV-2016* 13-NOV-2015 28-OCT- 2016* 11-NOV-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1461.94 1574.31 1643.53 1520.35 1641.55 1732.37** b) Borrowings from banks 509.18 597.15 640.36 510.19 597.84 641.66 c) Other demand & time liabilities 58.14 78.57 42.15 58.19 78.57 42.15 II LIABILITIES TO OTHERS (A) a) Depo
નવે 23, 2016
Airtel Payments Bank Limited commences operations
Airtel Payments Bank Limited has commenced its operations as a payments bank with effect from November 23, 2016. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Airtel M Commerce Services Limited was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D
Airtel Payments Bank Limited has commenced its operations as a payments bank with effect from November 23, 2016. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Airtel M Commerce Services Limited was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D
નવે 17, 2016
Pay IT dues in advance at RBI or at authorised bank branches - December 2016
It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of December 2016 and it becomes difficult for the Bank to cope with the pressure of receipts although additional counters to the maximum extent possible are provided for the purpose. Consequently, the members of public are required to wait in queues at the Bank for unnecessarily long periods. To obviate the inconvenience involved, assess
It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of December 2016 and it becomes difficult for the Bank to cope with the pressure of receipts although additional counters to the maximum extent possible are provided for the purpose. Consequently, the members of public are required to wait in queues at the Bank for unnecessarily long periods. To obviate the inconvenience involved, assess
નવે 09, 2016
Banks to remain open for public on Saturday, November 12 and Sunday, November 13, 2016
All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain open for public on Saturday, November 12 and Sunday, November 13, 2016. Banks are advised to keep all their branches open on November 12 and 13, 2016 as regular working days for transacting all business. Banks may give due publicity about availability of banking services on these days. Alpana Killawala Principal Adviser Press Release
All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain open for public on Saturday, November 12 and Sunday, November 13, 2016. Banks are advised to keep all their branches open on November 12 and 13, 2016 as regular working days for transacting all business. Banks may give due publicity about availability of banking services on these days. Alpana Killawala Principal Adviser Press Release
નવે 09, 2016
Scheduled Bank's Statement of Position in India as on Friday, October 28, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 30-OCT-2015 14-OCT-2016 * 28-OCT-2016 * 30-OCT-2015 14-OCT-2016 * 28-OCT-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1475.36 1546.41 1574.31 1534.91 1614.43 1641.55 ** b) Borrowings from banks 551.14 609.75 597.15 552.91 611.84 597.84 c) Other demand & time liabilities 97.56 50.22 78.57 97.56 50.22 78.57 II LIABILITIES TO OTHERS (A) a) D
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 30-OCT-2015 14-OCT-2016 * 28-OCT-2016 * 30-OCT-2015 14-OCT-2016 * 28-OCT-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1475.36 1546.41 1574.31 1534.91 1614.43 1641.55 ** b) Borrowings from banks 551.14 609.75 597.15 552.91 611.84 597.84 c) Other demand & time liabilities 97.56 50.22 78.57 97.56 50.22 78.57 II LIABILITIES TO OTHERS (A) a) D
નવે 08, 2016
Banks closed for public on November 9, 2016
All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain closed for public on Wednesday, November 9, 2016. Alpana Killawala Principal Adviser Press Release : 2016-2017/1143
All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain closed for public on Wednesday, November 9, 2016. Alpana Killawala Principal Adviser Press Release : 2016-2017/1143
ઑક્ટો 28, 2016
Scheduled Bank's Statement of Position in India as on Friday, October 14, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 16-Oct-15 30-SEP-2016* 14-OCT-2016* 16-Oct-15 30-SEP-2016* 14-OCT-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1295.45 1608.1 1546.41 1353.39 1675.23 1614.43** b) Borrowings from banks 529.39 570.53 609.75 530.91 573.13 611.84 c) Other demand & time liabilities 54.04 90.07 50.22 54.04 90.07 50.22 II LIABILITIES TO OTHERS (A) a) Deposits (o
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 16-Oct-15 30-SEP-2016* 14-OCT-2016* 16-Oct-15 30-SEP-2016* 14-OCT-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1295.45 1608.1 1546.41 1353.39 1675.23 1614.43** b) Borrowings from banks 529.39 570.53 609.75 530.91 573.13 611.84 c) Other demand & time liabilities 54.04 90.07 50.22 54.04 90.07 50.22 II LIABILITIES TO OTHERS (A) a) Deposits (o
ઑક્ટો 24, 2016
ATM/Debit Card Data Breach
The Reserve Bank of India convened a meeting today with senior officials from select banks, National Payment Corporation of India and card network operators to review the steps taken by various agencies to contain the adverse fall out of certain card details alleged to have been compromised. It had come to the Reserve Bank’s notice on September 8, 2016 that details of certain cards issued by a few banks had been possibly compromised at Automated Teller Machines (ATMs)
The Reserve Bank of India convened a meeting today with senior officials from select banks, National Payment Corporation of India and card network operators to review the steps taken by various agencies to contain the adverse fall out of certain card details alleged to have been compromised. It had come to the Reserve Bank’s notice on September 8, 2016 that details of certain cards issued by a few banks had been possibly compromised at Automated Teller Machines (ATMs)
ઑક્ટો 21, 2016
RBI signs MoU on “Supervisory Cooperation and Exchange of Supervisory Information” with the Central Bank of Myanmar
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Central Bank of Myanmar of the Republic of Union of Myanmar on October 19, 2016. The MoU was signed by Mr. U Kyaw Tin, Minister of State for Foreign Affairs, Government of Myanmar on behalf of Central Bank of Myanmar and Shri S S Mundra, Deputy Governor on behalf of Reserve Bank of India at a function held in New Delhi the augu
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Central Bank of Myanmar of the Republic of Union of Myanmar on October 19, 2016. The MoU was signed by Mr. U Kyaw Tin, Minister of State for Foreign Affairs, Government of Myanmar on behalf of Central Bank of Myanmar and Shri S S Mundra, Deputy Governor on behalf of Reserve Bank of India at a function held in New Delhi the augu
ઑક્ટો 20, 2016
RBI imposes penalty on Credit Agricole Corporate and Investment Bank (India)
The Reserve Bank of India has imposed a penalty of ₹ 10 million on Credit Agricole Corporate and Investment Bank (India) in exercise of the powers vested with it under the provisions of Section 47 (A) (1) (c) read with Section 46(4) (i) of the Banking Regulation Act, 1949 for contravention of the provisions of Section 6 of the Banking Regulation Act, 1949. The bank was involved in providing a host of services to and earning fees from its outsourcing agency Credit Agri
The Reserve Bank of India has imposed a penalty of ₹ 10 million on Credit Agricole Corporate and Investment Bank (India) in exercise of the powers vested with it under the provisions of Section 47 (A) (1) (c) read with Section 46(4) (i) of the Banking Regulation Act, 1949 for contravention of the provisions of Section 6 of the Banking Regulation Act, 1949. The bank was involved in providing a host of services to and earning fees from its outsourcing agency Credit Agri
ઑક્ટો 17, 2016
Scheduled Bank's Statement of Position in India as on Friday, September 30, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 2-Oct-15 16-SEP-2016* 30-SEP-2016* 2-Oct-15 16-SEP-2016* 30-SEP-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1335.82 1475.88 1584.8 1393.37 1542.48 1651.93** b) Borrowings from banks 528.98 644.56 570.2 529.81 645.54 572.8 c) Other demand & time liabilities 57.8 62.44 90.33 57.8 62.44 90.33 II LIABILITIES TO OTHERS (A) a) Deposits (other t
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 2-Oct-15 16-SEP-2016* 30-SEP-2016* 2-Oct-15 16-SEP-2016* 30-SEP-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1335.82 1475.88 1584.8 1393.37 1542.48 1651.93** b) Borrowings from banks 528.98 644.56 570.2 529.81 645.54 572.8 c) Other demand & time liabilities 57.8 62.44 90.33 57.8 62.44 90.33 II LIABILITIES TO OTHERS (A) a) Deposits (other t
ઑક્ટો 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
સપ્ટે 28, 2016
Scheduled Bank's Statement of Position in India as on Friday, September 16, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 18-SEP- 2015 02-SEP- 2016 * 16-SEP- 2016 * 18-SEP- 2015 02-SEP- 2016 * 16-SEP- 2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1262.05 1460.95 1472.41 1318.41 1528.09 1539.01 ** b) Borrowings from banks 543.62 607.21 644.56 544.65 607.74 645.54 c) Other demand & time liabilities 94.82 53.3 62.44 94.82 53.3 62.44 II LIABILITIES TO OTHERS (A)
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 18-SEP- 2015 02-SEP- 2016 * 16-SEP- 2016 * 18-SEP- 2015 02-SEP- 2016 * 16-SEP- 2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1262.05 1460.95 1472.41 1318.41 1528.09 1539.01 ** b) Borrowings from banks 543.62 607.21 644.56 544.65 607.74 645.54 c) Other demand & time liabilities 94.82 53.3 62.44 94.82 53.3 62.44 II LIABILITIES TO OTHERS (A)
સપ્ટે 20, 2016
Financial Action Task Force (FATF) Public Statement dated June 24, 2016
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdictions of Iran and Democratic People's Republic of Korea (DPRK). FATF has further identified the following jurisdictions as having strategic deficiencies and have developed an action plan with the
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/FT) risks emanating from the jurisdictions of Iran and Democratic People's Republic of Korea (DPRK). FATF has further identified the following jurisdictions as having strategic deficiencies and have developed an action plan with the
સપ્ટે 15, 2016
Scheduled Bank's Statement of Position in India as on Friday, September 02, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 04-SEP-2015 19-AUG-2016 * 02-SEP-2016 * 04-SEP-2015 19-AUG-2016 * 02-SEP-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1268.15 1459.66 1460.95 1325.03 1526.23 1528.09 ** b) Borrowings from banks 467.13 574.29 607.21 468.77 575.06 607.74 c) Other demand & time liabilities 68.14 52.96 53.3 68.14 52.96 53.3 II LIABILITIES TO OTHERS (A) a) Dep
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 04-SEP-2015 19-AUG-2016 * 02-SEP-2016 * 04-SEP-2015 19-AUG-2016 * 02-SEP-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1268.15 1459.66 1460.95 1325.03 1526.23 1528.09 ** b) Borrowings from banks 467.13 574.29 607.21 468.77 575.06 607.74 c) Other demand & time liabilities 68.14 52.96 53.3 68.14 52.96 53.3 II LIABILITIES TO OTHERS (A) a) Dep
સપ્ટે 12, 2016
Equitas Small Finance Bank Limited commences operations
The Reserve Bank of India has issued a licence to Equitas Small Finance Bank Limited under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank (SFB) in India. Apropos the issue of licence, Equitas Small Finance Bank Limited commenced its operations as a small finance bank (SFB) from September 5, 2016. Equitas Holding P Limited was one of the 10 applicants that were issued in-principle approval for setting up SFBs as announ
The Reserve Bank of India has issued a licence to Equitas Small Finance Bank Limited under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank (SFB) in India. Apropos the issue of licence, Equitas Small Finance Bank Limited commenced its operations as a small finance bank (SFB) from September 5, 2016. Equitas Holding P Limited was one of the 10 applicants that were issued in-principle approval for setting up SFBs as announ
સપ્ટે 01, 2016
Implementation of margin requirements for non-centrally cleared derivatives
The Reserve Bank of India has decided to postpone the introduction of margin requirements for non-centrally cleared derivatives. This decision has been taken as many other jurisdictions have announced delay in the implementation timeline of the margin requirements, as also due to lack of industry preparedness in terms of infrastructure for efficient exchange of margins. This will help avoid cross border implementation issues, and will also provide market participants
The Reserve Bank of India has decided to postpone the introduction of margin requirements for non-centrally cleared derivatives. This decision has been taken as many other jurisdictions have announced delay in the implementation timeline of the margin requirements, as also due to lack of industry preparedness in terms of infrastructure for efficient exchange of margins. This will help avoid cross border implementation issues, and will also provide market participants
ઑગસ્ટ 31, 2016
Scheduled Bank's Statement of Position in India as on Friday, August 19, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 21-AUG-2015 05-AUG-2016 * 19-AUG-2016 * 21-AUG-2015 05-AUG-2016 * 19-AUG-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1292.69 1453.81 1459.66 1348.64 1520.95 1526.23 ** b) Borrowings from banks 444.89 623.01 574.29 446.14 623.79 575.06 c) Other demand & time liabilities 72 73.67 52.96 72.07 73.67 52.96 II LIABILITIES TO OTHERS (A) a) Depo
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 21-AUG-2015 05-AUG-2016 * 19-AUG-2016 * 21-AUG-2015 05-AUG-2016 * 19-AUG-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1292.69 1453.81 1459.66 1348.64 1520.95 1526.23 ** b) Borrowings from banks 444.89 623.01 574.29 446.14 623.79 575.06 c) Other demand & time liabilities 72 73.67 52.96 72.07 73.67 52.96 II LIABILITIES TO OTHERS (A) a) Depo
ઑગસ્ટ 25, 2016
RBI Seeks Comments on Draft Large Exposures Framework
The Reserve Bank of India today placed on its website the Draft Large Exposures (LE) Framework for comments. The salient features of the proposed Large Exposures (LE) Framework include: The Large Exposure (LE) limit in respect of each counterparty and group of connected counterparties, under normal circumstances, will be capped at 20 percent and 25 percent respectively of the eligible capital base The eligible capital base will be defined as the Tier 1 capital of the
The Reserve Bank of India today placed on its website the Draft Large Exposures (LE) Framework for comments. The salient features of the proposed Large Exposures (LE) Framework include: The Large Exposure (LE) limit in respect of each counterparty and group of connected counterparties, under normal circumstances, will be capped at 20 percent and 25 percent respectively of the eligible capital base The eligible capital base will be defined as the Tier 1 capital of the
ઑગસ્ટ 25, 2016
RBI identifies SBI and ICICI Bank as D-SIBs in 2016
The Reserve Bank of India has identified State Bank of India (SBI) and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) in 2016 and has retained their bucketing structure as it was last year. The additional Common Equity Tier 1 (CET1) requirement for these banks has already been phased-in from April 1, 2016 and would become fully effective from April 1, 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. The update
The Reserve Bank of India has identified State Bank of India (SBI) and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) in 2016 and has retained their bucketing structure as it was last year. The additional Common Equity Tier 1 (CET1) requirement for these banks has already been phased-in from April 1, 2016 and would become fully effective from April 1, 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. The update
ઑગસ્ટ 22, 2016
Scheduled Bank's Statement of Position in India as on Friday, August 05, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS(Including RRBs) ALL SCHEDULED BANKS 07-AUG-2015 22-JUL-2016* 05-AUG-2016* 07-AUG-2015 22-JUL-2016* 05-AUG-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1276.17 1438.97 1449.79 1332.13 1506.54 1517.03** b) Borrowings from banks 516.46 622.75 621.83 517.82 623.76 622.61 c) Other demand & time liabilities 56.07 73.8 73.87 56.15 73.8 73.87 II LIABILITIES TO OTHERS (A) a) Deposits
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS(Including RRBs) ALL SCHEDULED BANKS 07-AUG-2015 22-JUL-2016* 05-AUG-2016* 07-AUG-2015 22-JUL-2016* 05-AUG-2016* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1276.17 1438.97 1449.79 1332.13 1506.54 1517.03** b) Borrowings from banks 516.46 622.75 621.83 517.82 623.76 622.61 c) Other demand & time liabilities 56.07 73.8 73.87 56.15 73.8 73.87 II LIABILITIES TO OTHERS (A) a) Deposits
ઑગસ્ટ 16, 2016
Interesting, Profitable, and Challenging: Banking in India Today
"The current times are interesting, profitable, and challenging for the financial sector. Interesting because the level of competition is going to increase manifold, both for customers as well as for talent, transforming even the sleepiest areas in financial services; profitable because new technologies, information, and new techniques will open up vastly new business opportunities and customers; and challenging because competition and novelty constitute a particularl
"The current times are interesting, profitable, and challenging for the financial sector. Interesting because the level of competition is going to increase manifold, both for customers as well as for talent, transforming even the sleepiest areas in financial services; profitable because new technologies, information, and new techniques will open up vastly new business opportunities and customers; and challenging because competition and novelty constitute a particularl
ઑગસ્ટ 11, 2016
RBI seeks Comments on Draft Circular on Customer Protection - Limiting Liability of Customers in Unauthorised Electronic Banking Transactions
The Reserve Bank of India has today placed on its website the Draft Circular on “Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions”, for feedback. Suggestions/comments, if any, on the Draft Circular may be sent by post to the Chief General Manager, Department of Banking Regulation, Reserve Bank of India, Central Office, 12th Floor, Shahid Bhagat Singh Marg, Mumbai-400 001, or Please click here to send email on or bef
The Reserve Bank of India has today placed on its website the Draft Circular on “Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions”, for feedback. Suggestions/comments, if any, on the Draft Circular may be sent by post to the Chief General Manager, Department of Banking Regulation, Reserve Bank of India, Central Office, 12th Floor, Shahid Bhagat Singh Marg, Mumbai-400 001, or Please click here to send email on or bef
ઑગસ્ટ 04, 2016
RBI constitutes a Committee on Household Finance
The Reserve Bank of India (RBI) has set up a committee to look at the various facets of household finance in India and to benchmark India’s position vis-à-vis both the peer countries and advanced countries. The Committee will be chaired by Dr. Tarun Ramadorai, Professor of Financial Economics, University of Oxford and will have representation from financial sector regulators, namely, Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development A
The Reserve Bank of India (RBI) has set up a committee to look at the various facets of household finance in India and to benchmark India’s position vis-à-vis both the peer countries and advanced countries. The Committee will be chaired by Dr. Tarun Ramadorai, Professor of Financial Economics, University of Oxford and will have representation from financial sector regulators, namely, Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development A
ઑગસ્ટ 04, 2016
RBI Governor launches Website 'सचेत' to curb Illegal Collection of Deposits
“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in future from carrying out unlawful activity. I hope ‘Sachet’ would help regulators in doing this as much as it would help members of public in depositing their hard earned money with genuine entities by giving them timely information about these entities.” Dr. Raghuram G. Rajan, Governor, Reserve Bank of India said this today while launching ‘Sac
“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in future from carrying out unlawful activity. I hope ‘Sachet’ would help regulators in doing this as much as it would help members of public in depositing their hard earned money with genuine entities by giving them timely information about these entities.” Dr. Raghuram G. Rajan, Governor, Reserve Bank of India said this today while launching ‘Sac
ઑગસ્ટ 03, 2016
Scheduled Bank's Statement of Position in India as on Friday, July 22, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 24-JUL-2015 08-JUL-2016 * 22-JUL-2016 * 24-JUL-2015 08-JUL-2016 * 22-JUL-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1288.55 1372.96 1438.97 1343.86 1440.12 1506.54 ** b) Borrowings from banks 405.1 617.3 622.75 405.87 621.53 623.76 c) Other demand & time liabilities 93.29 53.16 73.8 93.38 53.16 73.8 II LIABILITIES TO OTHERS (A) a) Depos
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 24-JUL-2015 08-JUL-2016 * 22-JUL-2016 * 24-JUL-2015 08-JUL-2016 * 22-JUL-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1288.55 1372.96 1438.97 1343.86 1440.12 1506.54 ** b) Borrowings from banks 405.1 617.3 622.75 405.87 621.53 623.76 c) Other demand & time liabilities 93.29 53.16 73.8 93.38 53.16 73.8 II LIABILITIES TO OTHERS (A) a) Depos
ઑગસ્ટ 01, 2016
RBI releases Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector
The Reserve Bank of India today released on its website, “Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”. Some of the key aspects of the Guidelines include: (i) resident individuals and professionals having 10 years of experience in banking and finance at a senior level are also eligible to promote universal banks; (ii) large industrial houses are excluded as eligible entities but are permitted to invest in the banks up to 10 per cent; (ii
The Reserve Bank of India today released on its website, “Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”. Some of the key aspects of the Guidelines include: (i) resident individuals and professionals having 10 years of experience in banking and finance at a senior level are also eligible to promote universal banks; (ii) large industrial houses are excluded as eligible entities but are permitted to invest in the banks up to 10 per cent; (ii
જુલાઈ 28, 2016
RBI Imposes Monetary Penalty on UCO Bank
The Reserve Bank of India has imposed a monetary penalty of ₹ 10 Million on UCO Bank for contravention of its instructions relating to opening of current account and providing bill discounting facilities to account holders without having any borrowing facility with the bank resulting in siphoning of funds. This penalty has been imposed in exercise of powers vested in the Reserve Bank under the provisions of Section 47(A)(1)(c) read with Section 46(4)(i) of the Banking
The Reserve Bank of India has imposed a monetary penalty of ₹ 10 Million on UCO Bank for contravention of its instructions relating to opening of current account and providing bill discounting facilities to account holders without having any borrowing facility with the bank resulting in siphoning of funds. This penalty has been imposed in exercise of powers vested in the Reserve Bank under the provisions of Section 47(A)(1)(c) read with Section 46(4)(i) of the Banking
જુલાઈ 27, 2016
RBI hosts Supervisory College for Bank of Baroda and Bank of India
PhotographsMeetings of the Supervisory Colleges of Bank of Baroda and Bank of India were held at Mumbai on July 25 and 26, 2016 respectively. Shri S.S. Mundra, Deputy Governor, Reserve Bank of India inaugurated the proceedings of the Colleges. Twenty three supervisors from thirteen overseas banking supervisory authorities participated in the Supervisory College of Bank of Baroda on July 25, 2016. Nineteen supervisors from eleven overseas banking supervisory authoritie
PhotographsMeetings of the Supervisory Colleges of Bank of Baroda and Bank of India were held at Mumbai on July 25 and 26, 2016 respectively. Shri S.S. Mundra, Deputy Governor, Reserve Bank of India inaugurated the proceedings of the Colleges. Twenty three supervisors from thirteen overseas banking supervisory authorities participated in the Supervisory College of Bank of Baroda on July 25, 2016. Nineteen supervisors from eleven overseas banking supervisory authoritie
જુલાઈ 27, 2016
RBI penalises 13 Banks for violating KYC Norms
The Reserve Bank of India has imposed monetary penalty on the following banks for violation of regulatory directions / instructions / guidelines, among other things, on KYC norms. The details of the penalty are: S. No. Name of the bank Penalty Amount (in ₹ million) 1. Allahabad Bank 20 2. Bank of India 10 3. Bank of Baroda 50 4. Canara Bank 20 5. Corporation Bank 10 6. HDFC Bank 20 7. IndusInd Bank 20 8. Punjab National Bank 30 9. RBL Bank 10 10. SBBJ 20 11. SBM 10 12
The Reserve Bank of India has imposed monetary penalty on the following banks for violation of regulatory directions / instructions / guidelines, among other things, on KYC norms. The details of the penalty are: S. No. Name of the bank Penalty Amount (in ₹ million) 1. Allahabad Bank 20 2. Bank of India 10 3. Bank of Baroda 50 4. Canara Bank 20 5. Corporation Bank 10 6. HDFC Bank 20 7. IndusInd Bank 20 8. Punjab National Bank 30 9. RBL Bank 10 10. SBBJ 20 11. SBM 10 12
જુલાઈ 21, 2016
Scheduled Bank's Statement of Position in India as on Friday, July 08, 2016
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 10-Jul-15 24-Jun-2016 * 08-Jul-2016 * 10-Jul-15 24-Jun-2016 * 08-Jul-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1232.09 1402.98 1372.96 1286.14 1469.63 1440.12 ** b) Borrowings from banks 449.67 590.52 617.3 450.59 598.01 621.53 c) Other demand & time liabilities 53.73 102.71 53.16 53.79 102.71 53.16 II LIABILITIES TO OTHERS (A) a) Depo
(Amount in Billions of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 10-Jul-15 24-Jun-2016 * 08-Jul-2016 * 10-Jul-15 24-Jun-2016 * 08-Jul-2016 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 1232.09 1402.98 1372.96 1286.14 1469.63 1440.12 ** b) Borrowings from banks 449.67 590.52 617.3 450.59 598.01 621.53 c) Other demand & time liabilities 53.73 102.71 53.16 53.79 102.71 53.16 II LIABILITIES TO OTHERS (A) a) Depo
જુલાઈ 14, 2016
RBI sets up Inter-regulatory Working Group on Fin Tech and Digital Banking
The Reserve Bank of India has set up an inter regulatory Working Group (WG) to study the entire gamut of regulatory issues relating to Fin Tech and Digital Banking in India. The Working Group has been set up in view of the growing significance of Fin Tech innovations and their interactions with the financial sector as well as the financial sector entities. The Financial Stability and Development Council - Sub Committee (FSDC - SC) at its meeting held on April 26, 2016
The Reserve Bank of India has set up an inter regulatory Working Group (WG) to study the entire gamut of regulatory issues relating to Fin Tech and Digital Banking in India. The Working Group has been set up in view of the growing significance of Fin Tech innovations and their interactions with the financial sector as well as the financial sector entities. The Financial Stability and Development Council - Sub Committee (FSDC - SC) at its meeting held on April 26, 2016
રિઝર્વ બેંક ઑફ ઇન્ડિયા મોબાઇલ એપ્લિકેશન ઇન્સ્ટૉલ કરો અને લેટેસ્ટ ન્યૂઝનો ઝડપી ઍક્સેસ મેળવો!
પેજની છેલ્લી અપડેટની તારીખ: નવેમ્બર 21, 2024
