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જાન્યુ 09, 2006

Ganesh Bank of Kurundwad: RBI announces Amalgamation Scheme with Federal Bank

The Reserve Bank of India has today placed in public domain a draft scheme of amalgamation of the Ganesh Bank of Kurundwad Limited with the Federal Bank Limited. The Reserve Bank has invited suggestions and comments from members of public, including the banks' shareholders, depositors and creditors on the draft scheme. The draft scheme has also been sent to both the banks. Both the banks have been given two weeks' time, upto January 21, 2006, to consider the draft sch

પીડીએફ (58742 )

નવે 24, 2005

RBI releases Report on Trend and Progress of Banking in India: 2004-05

The Reserve Bank of India has today released its Report on Trend and Progress of Banking in India, 2004-05. The Report gives a detailed account of the policy developments and performance of commercial banks, co-operative banks and non-banking financial institutions during 2004-05. The Report is divided into seven chapters and contains detailed statistical tables on several parameters relating to the operations and performance of various financial institutions. Overvie

પીડીએફ (86025 )

નવે 07, 2005

Commercial Bank Presence in India and Pakistan

An understanding has been reached between the Reserve Bank of India (RBI) and the State Bank of Pakistan (SBP) on granting permission for opening two branches of banks from India in Pakistan and two branches of banks from Pakistan in India, on a reciprocal basis. The specific banks to be permitted to open the branches would be mutually agreed upon by the RBI and the SBP keeping in view their respective regulatory policies and procedures. The licensing of subsequent or

પીડીએફ (50588 )

ઑક્ટો 20, 2005

RBI imposes penalty on State Bank of Indore, Madhya Pradesh

The Reserve Bank of India imposes a penalty of Rs.5,00,000/-(Rupees five lakh only) on State Bank of Indore, Indore, Madhya Pradesh, under Section 47(A)(1)(b) of the Banking Regulation Act, 1949 for violation of instructions/guidelines issued by the Reserve Bank of India in regard to opening of account and monitoring of cash transactions at one of their branches during the year 2000. P.V.Sadanandan Manager Press Release: 2005-2006/487

પીડીએફ (55636 )

સપ્ટે 30, 2005

Scheme of Amalgamation under section 44A of Banking Regulation Act, 1949 - Bank of Punjab Ltd. with Centurion Bank Ltd

In exercise of the powers contained in Sub-section (4) of Section 44A of the Banking Regulation Act, 1949, the Reserve Bank of India sanctioned the Scheme of Amalgamation of Bank of Punjab Ltd. with Centurion Bank Ltd. The Scheme shall come into force with effect from October 1, 2005. All the branches of Bank of Punjab Ltd. shall from October 1, 2005, function as branches of Centurion Bank Ltd. Ajit Prasad Manager Press Release: 2005-2006/412

પીડીએફ (55951 )

ઑગસ્ટ 12, 2005

HLCC on financial and capital markets meets

A meeting of the High Level Coordination Committee (HLCC) on Financial and Capital Markets (HLCCFCM) was held today at the Reserve Bank of India (RBI), Delhi. Dr. Y.V.Reddy, Governor, Reserve Bank of India chaired the meeting. Shri A.K.Jha, Secretary, Economic Affairs, Ministry of Finance, Government of India, Shri M. Damodaran Chairman, Securities and Exchange Board of India (SEBI), Shri C.S.Rao, Chairman, Insurance Regulatory and Development Authority (IRDA), and ot

પીડીએફ (177568 )

જૂન 23, 2005

No Repo/Reverse Repo operation on July 1, 2005

The Reserve Bank of India will conduct Repo/Reverse Repo auction under Liquidity Adjustment Facility (LAF) on June 30, 2005 for four days (with reversal on July 4, 2005) instead of one day, as announced earlier. Further, no Repo/Reverse Repo operation will be conducted on July 1, 2005. This is in partial modification of the auction calendar in respect of LAF notified vide our Press Release : 2004-2005/1012 dated March 29, 2005. The modification has become necessary du

પીડીએફ (177240 )

જૂન 15, 2005

HLCC on Financial and Capital Markets Meets

A meeting of the High Level Coordination Committee (HLCC) on Financial and Capital Markets (HLCCFCM) was held today at the Reserve Bank of India (RBI), Mumbai. Dr. Y.V.Reddy, Governor, Reserve Bank of India chaired the meeting. Dr. Rakesh Mohan, Secretary, Economic Affairs, Ministry of Finance, Government of India, Shri M.Damodaran Chairman, Securities and Exchange Board of India (SEBI), Shri C.S.Rao, Chairman, Insurance Regulatory and Development Authority (IRDA), an

પીડીએફ (178069 )

જૂન 13, 2005

RBI Working Group to Review Export Credit submits Report

The Reserve Bank of India's Working Group to review a range of issues relating to export credit has submitted its report. The Working Group, based on the presentations made by the representatives of the Export Promotion Organisations, discussions and study of the statistics and relevant information made available to it, has recommended that in respect of the Rupee export credit, the present interest rate prescription by the Reserve Bank of India may continue for the t

પીડીએફ (181662 )

એપ્રિલ 25, 2005

Reserve Bank releases Report on Credit Card Regulations

The Reserve Bank released the on its website (www.rbi.org.in) Payment of penalty to the recipient of unsolicited card in case the card got activated without the approval of the recipient, Code of conduct for direct selling agents, 'Do Not Call Registry' website to be maintained by the Indian Banks' Association, sending the most important terms and conditions highlighting crucial items to the customers at all the stages and authorising the Banking Ombudsman to redress

પીડીએફ (178466 )

એપ્રિલ 01, 2005

Scheme of Amalgamation of IDBI Bank Ltd. with IDBI Ltd. to be effective from April 2, 2005

The scheme of amalgamation of the IDBI Bank Ltd. with IDBI Ltd., will come into effect from April 2, 2005. The Reserve Bank has sanctioned the scheme of amalgamation of these two banks in exercise of the powers contained in Sub-Section (4) of Section 44A of the Banking Regulation Act, 1949.Alpana KillawalaChief General Manger Press Release: 2004-2005/1033

પીડીએફ (175745 )

માર્ચ 16, 2005

DICGC raises Premium for Deposit Insurance

The Deposit Insurance and Credit Guarantee Corporation (DICGC) has decided to raise the deposit insurance premium to 10 paise per Rs.100 from 5 paise per Rs.100 of assessable deposit per annum. The premium will be raised in a phased manner over a period of two years. In the first phase, the premium rate would be increased to 8 paise from 5 paise per annum per Rs.100 of assessable deposits for the financial year 2004-05. In the second phase the deposit insurance premiu

પીડીએફ (177309 )

ફેબ્રુ 02, 2005

RBI issues Guidelines on Merger/Amalgamation for Urban Banks

The Reserve Bank of India has, in the recent past, received some interest for merger/amalgamation from among the urban cooperative banks (urban banks). With a view to encouraging and facilitating consolidation and emergence of strong entities and providing an avenue for non-disruptive exit of weak/unviable entities in the co-operative banking sector, the Reserve Bank has decided to issue suitable guidelines to facilitate merger/amalgamation in the sector and place the

પીડીએફ (179565 )

ડિસે 24, 2004

Dealing with Customer Complaints of Credit Cards: RBI asks banks to be more sensitive to customer complaints:IBA to evolve a Code of Conduct for Credit Card Issuing Banks

At a meeting of banks issuing credit cards held today, by the Reserve Bank of India in Mumbai, it was decided that the Indian Banks' Association along with some large credit cards issuing banks will evolve a code of conduct to be voluntarily adopted by the banks issuing credit cards. The meeting was held in the wake of significant concerns that had arisen of late in regard to credit card operations of banks. The Reserve Bank also stressed on the need for the card issu

પીડીએફ (179272 )

નવે 29, 2004

RBI releases Report on Trend and Progress of Banking in India-2003-04

The Reserve Bank of India has released today its Report on Trend and Progress of Banking in India, 2003-04. The Report gives a detailed account of the performance of and policy developments relating to commercial banks, co-operative banks, financial institutions and non-banking financial companies during 2003-04. A chapter on financial stability covering various emerging issues has been introduced. The Report is divided into eight Chapters and contains detailed statis

પીડીએફ (181932 )

ઑક્ટો 20, 2004

RBI to disclose Penalties and Specific Supervisory Actions on Banks from November 1

The Reserve Bank of India has, in the interest of the investors and depositors, decided to disclose the penalties imposed by it on banks. In a circular issued to commercial banks, it has said that it would, from November 1, 2004 issue a press release giving details of the circumstances under which the penalty is imposed on a bank. It would also place the communication on the imposition of penalty to the bank in public domain. In addition, the Reserve Bank has asked ba

પીડીએફ (180356 )

જુલાઈ 26, 2004

Draft Scheme of GTB - OBC Amalgamation

Global Trust Bank Ltd., (GTB) has been placed under an Order of Moratorium on July 24, 2004 which is effective upto October 23, 2004 or an earlier date if alternate arrangements are in place. During the period of moratorium, the Reserve Bank of India has to decide the future set up of GTB. GTB had been given time to arrange for infusion of capital as also to explore the options of raising required capital or voluntary merger with any domestic bank. GTB’s proposal for

પીડીએફ (176421 )

જુલાઈ 05, 2004

Comments/Suggestions on Draft Policy on Private Banks

The Reserve Bank of India has received several suggestions and queries from the market participants and media on its draft policy framework for ownership and governance of private banks. The Reserve Bank, on Friday, placed the draft policy framework on its website for public debate. The Reserve Bank welcomes valuable suggestions and feedback. Anyone who wishes to seek clarifications or make suggestions on the draft policy is welcome to post them Based on the feedback

પીડીએફ (8786 )

જૂન 14, 2004

RBI releases Report of the Working Group on Financial Conglomerates for Public Comments

The Reserve Bank of India today placed for public comments the Report of the Working Group on Financial Conglomerates on its website. The Report has been released in pursuance of paragraph 131 of the Annual Policy Statement for the year 2004-05. Comments may please be sent to Chief General Manager-in-Charge, Department of Banking Supervision, Reserve Bank of India, World Trade Centre, Mumbai 400 005 or to fax No.022-22160932 It may be recalled that the Governor had an

પીડીએફ (179623 )

જૂન 11, 2004

HLCC on Financial and Capital Markets Meets

A meeting of the High Level Coordination Committee (HLCC) on Financial and Capital Markets (HLCCFCM) was held today at the Reserve Bank of India (RBI), Mumbai. Dr. Y.V.Reddy, Governor, Reserve Bank of India chaired the meeting. Shri D.C.Gupta, Finance Secretary and Shri N.S.Sisodia, Secretary (Financial Sector), Ministry of Finance, Government of India, Shri G.N. Bajpai, Chairman, Securities and Exchange Board of India (SEBI), Shri C.S.Rao, Chairman, Insurance Regulat

પીડીએફ (176247 )

માર્ચ 29, 2004

Minimum owned fund of Securitisation and Reconstruction Companies shall not be less than 15%

The Reserve Bank of India today directed Securitisation Companies and Reconstruction Companies that their minimum Owned Fund shall be not less than fifteen percent of the total financial assets acquired or to be acquired by the Securitisation Company or Reconstruction Company on an aggregate basis, or Rs. 100 crore, whichever is less. It has been clarified that the minimum Owned Fund has to be maintained irrespective of whether the assets are transferred to a trust se

પીડીએફ (137147 )

માર્ચ 27, 2004

RBI and Banks to accept Tax on March 30

The Reserve Bank of India has, for the convenience of tax payers, made arrangements to receive direct taxes, that is, income tax, corporation tax, etc., on Tuesday, March 30, 2004. On that day, it will receive these payments in cash upto 2.30 p.m. and by cheques/instruments upto 3.30 p.m. The Reserve Bank has also requested the bank branches authorised by income tax department to make necessary arrangements to accept payment of income tax dues in those states where Ma

પીડીએફ (112778 )

ફેબ્રુ 24, 2004

Current Account Transactions Further Lliberalised

In order to further simplify and liberalise the current account transactions, the Reserve Bank of India has announced its decision to freely allow the Authorised Dealers, the following categories of remittances in terms of the Foreign Exchange Management Act (Current Account Transactions) Rules, 2000: Remittance by artistes, e.g., wrestlers, dancers, entertainers etc. Commission to agents abroad for sale of residential plots for amounts up to USD 25,000 or 5 per cent

પીડીએફ (12750 )

ડિસે 11, 2003

Pay Income-tax dues in advance at any designated bank branch : RBI

The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 844 computerised branches of public sector banks and private sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Re

પીડીએફ (4642 )

ડિસે 10, 2003

Prudential Guidelines on Banks’Investment in non-SLR Securities

Reserve Bank of India had issued guidelines on investments by banks in non-SLR securities on November 12, 2003. With a view to operationalising the guidelines a series of meetings were held with banks and other market participants and a transition period up to March 31, 2004 was provided. Further discussions were held with market participants on the actual implementation and for considering certain relaxations needed for a smooth transition, Reserve Bank has issued th

પીડીએફ (8781 )

નવે 17, 2003

RBI releases Report on Trend and Progress of Banking in India-2002-03

The Reserve Bank of India today released its Report on Trend and Progress of Banking in India, 2002-03. The Report gives a detailed account of the performance of and policy developments relating to commercial banks, co-operative banks, financial institutions and non-banking financial companies during 2002-03. The Report is divided into seven Chapters and contains detailed statistical tables on various parameters for banks and financial institutions.OverviewThe first c

પીડીએફ (9531 )

ઑક્ટો 15, 2003

Quarterly Handout: Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks - As on the last Friday of June 2003

"Banking Statistics: Quarterly Handout – June 2003" provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of June 2003. The data are based on Basic Statistical Return-7, received from all scheduled commercial banks. The top hundred centres arranged according to the size of deposits accounted for 61.5 per cent of the total deposits and the top hundred centres arranged according to the size of bank credit acco

પીડીએફ (6004 )

ઑગસ્ટ 29, 2003

RBI allows four Private Sector Banks to take Government Business

The Reserve Bank of India has permitted four private sector banks for conduct of all types of Central Government transactions as its agents with effect from October 1, 2003. The four banks that have been permitted to undertake Government transactions are HDFC Bank Ltd., ICICI Bank Ltd., IDBI Bank Ltd. and UTI Bank Ltd. These banks have also been authorised to conduct State Government transactions if any State Government desires to appoint any one or all these banks as

પીડીએફ (4921 )

ઑગસ્ટ 27, 2003

Pay Income-tax dues in advance at any designated bank branch : RBI

The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 832 computerised branches of public sector banks and HDFC Bank in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank'

પીડીએફ (4651 )

ઑગસ્ટ 23, 2003

Decline in Inflation, Good Monsoon prompted Repo Rate cut ; Interest Rate for State Loans to stay at 6.20% : RBI

In response to a query from wire agencies, the official spokesperson of the Reserve Bank of India has said that the decision to reduce the repo rate has been taken in the light of decline in the inflation rate and good monsoon. It may be recalled that the Reserve Bank had earlier pointed out that it was closely watching the movement in inflation and behaviour of the monsoon before any decision would be taken. The annual rate of inflation which was about 6.7 per cent a

પીડીએફ (6454 )

ઑગસ્ટ 23, 2003

Reduction in repo rate

In view of the current macroeconomic and overall monetary conditions, the Reserve Bank of India has decided to reduce the one day and 14 day repo rate under the Liquidity Adjustment Facility (LAF) of the Reserve Bank to be made available on August 25, 2003 to 4.5 per cent from 5.0 per cent. Thereafter, as per the current practice, the cut-off rate for acceptance of bids for one day and 14 day repo will continue to be decided by the Reserve Bank at each auction. Alpana

પીડીએફ (4498 )

જુલાઈ 18, 2003

Quarterly Handout: Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks (As on March 31, 2003)

'Banking Statistics: Quarterly Handout – March 2003' provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on 31st March 2003. The data are based on Basic Statistical Return-7, received from all scheduled commercial banks. The data have been presented according to top hundred centres, states, districts, population groups and bank groups. Five new statements are added from this issue of Quarterly Handout. The top hundred centres arr

પીડીએફ (6629 )

જૂન 06, 2003

No Repo Rate cut Now : RBI

We do not expect to make a repo cut now or for quite sometime, until the monsoon and inflation situation becomes clearer. There has been renewed market speculation on this issue in the light of the 50 basis point cut made by the European Central Bank yesterday. The rate of inflation in the main Euro countries is in the range of 2 per cent compared to our inflation rate which was 5.9 per cent on May 17, 2003, an official spokesperson of the Reserve Bank of India clarif

પીડીએફ (4516 )

મે 26, 2003

Pay Income-tax dues in advance at any designated bank branch : RBI

The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 820 computerised branches of public sector banks and HDFC Bank in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank'

પીડીએફ (4665 )

એપ્રિલ 12, 2003

Quarterly Handout: Aggregate Deposits and Gross Bank Credit of all Scheduled Commercial Banks

(As on the last Friday of December 2002) 'Banking Statistics: Quarterly Handout – December 2002' provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of December 2002. The data are based on Basic Statistical Return-7, received from all scheduled commercial banks. The data have been presented according to top hundred centres, states, districts, population groups and bank groups. The top hundred centres arranged a

પીડીએફ (5777 )

એપ્રિલ 12, 2003

ICICI Bank's Financial Position Sound : RBI

There are reports in some sections of the media that based on rumours of ICICI Bank facing liquidity problems, depositors are withdrawing cash at its ATMs and branches in Gujarat. The Reserve Bank of India is monitoring the developments and has arranged to provide adequate cash to ICICI Bank to meet the demands of its customers at the branches/ATMs. It is clarified that the ICICI Bank has sufficient liquidity, including in its current account with the Reserve Bank of

પીડીએફ (4664 )

માર્ચ 28, 2003

RBI and tax collecting bank branches to extend banking hours on March 29 and 31

The Reserve Bank of India has decided to keep its tax collection counters open for extended time on March 29, 2003 and March 31, 2003 beyond normal business hours to facilitate payment of taxes by tax assessees. The Reserve Bank has also asked all public sector banks and other banks authorised to collect taxes, to keep their tax collecting branches open for a reasonably longer time for this purpose only. In a circular issued on March 27, 2003, the Reserve Bank has ask

પીડીએફ (5118 )

માર્ચ 28, 2003

Banks' Lending Rates Updated on RBI Website
for Quarter-October December 2002

The Reserve Bank of India has today released the lending rates of scheduled commercial banks for the quarter October to December 2002 on its website (www.rbi.org.in ). The data include the range of actual and median lending rates for credit above Rs. two lakh as well as actual and median lending rates for export credit in rupee terms. Both these categories of data are available bank-group wise. An additional table presenting the lending rates of individual banks for c

પીડીએફ (5035 )

માર્ચ 12, 2003

Mumbai Clearing House to be closed on March 14 and May 14 : RBI

The Reserve Bank of India has stated that the clearing house in Mumbai will not function on March 14, 2003 as the Government of Maharashtra has declared it as a holiday under the Negotiable Instruments Act, 1881 on account of Moharrum. Earlier, the holiday for Moharrum was declared on March 15, 2003. Now, the clearing house will function normally on March 15, 2003The clearing house in Reserve Bank of India in Mumbai will also remain closed on May 14, 2003 instead of M

પીડીએફ (4761 )

ફેબ્રુ 25, 2003

RBI Appeal to Tax Payers

To avoid long queues and inconveniences for payment of income tax (IT) at the Reserve Bank counters, the Reserve Bank of India has appealed to the tax payers to utilise the services available at various branches of public sector banks in Mumbai and Navi Mumbai and deposit their income tax dues well in advance of the last date. Income Tax Assessees can now pay advance income tax at any of the 820 branches of public sector banks and HDFC Bank at Mumbai and Navi Mumbai.

પીડીએફ (4780 )

જાન્યુ 24, 2003

Quarterly Handout: Aggregate Deposits and Gross Bank Credit of all Scheduled Commercial Banks - As on the last Friday of September 2002

'Banking Statistics: Quarterly Handout – September 2002' provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of September 2002.The data have been presented according to top hundred centres, states, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 return. The top hundred centres arranged according to the size of deposits acco

પીડીએફ (6517 )

ડિસે 19, 2002

Working Group on Lenders' Liability Laws

The Government of India had constituted a Working Group to study Lenders' Liability Laws of other countries and their implications on the borrowers, lenders, regulators and other stakeholders and to make recommendations regarding legislative proposals suitable for Indian conditions. The Group submitted its report in October 2002. After considering the pros and cons of the issue, the Group has recommended that for the time being a Fair Practices Code may be framed by t

પીડીએફ (6769 )

ડિસે 14, 2002

Bank Loans only against Relief Bonds

It was reported in a section of the press today that the Reserve Bank of India has allowed banks to sanction loans against Relief Bonds.The Reserve Bank of India has clarified that as per Government of India instructions, banks are allowed to sanction loans against Relief Bonds only. This facility is not available against 7 per cent Savings Bonds, 2002, which is a new scheme introduced in October 2002. The 7 per cent Savings Bonds 2002, which were introduced from Octo

પીડીએફ (4750 )

ડિસે 04, 2002

Annual Accounts of Scheduled Commercial Banks : 1989-90 to 2000-01 available on CD-ROM

The Reserve Bank of India has released a compendium in the form of a CD-ROM containing annual accounts data of Scheduled Commercial Banks (including Regional Rural Banks) for the period 1989-90 to 2000-01. The CD-Rom contains bank-wise information on items of liabilities, assets, earnings and expenses and also the following business ratios disclosed by the banks as a part of the `notes on annual accounts' from the year 1997-98:Capital Adequacy Ratio,Net NPA as a perce

પીડીએફ (6832 )

નવે 16, 2002

Proposed Amalgamation of the Nedungadi Bank Ltd. with Punjab National Bank: Information for the Public

In view of the press reports regarding the movement of share prices of Nedungadi Bank Ltd., the Reserve Bank of India has invited public attention to a clause (clause 7(1) of Chapter IV) in the draft scheme of amalgamation of Nedungadi Bank Ltd. with Punjab National Bank which prescribes that the entire amount of the paid up capital and reserves of the Nedungadi Bank Ltd. would be treated as provision for bad and doubtful debts and depreciation and other assets of the

પીડીએફ (5258 )

નવે 15, 2002

RBI releases Report on Trend and Progress of Banking in India - 2001-02

The Reserve Bank of India today released its Report on Trend and Progress of Banking in India 2001-02. The Report gives a detailed account of the performance of commercial banks, co-operative banks, financial institutions and non-banking financial companies (NBFCs). The Report also gives information on developments in the policy environment and in the regulatory and supervisory framework applicable to these financial entities. The Report is divided into five chapters

ઑક્ટો 07, 2002

Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on the last Friday of June 2002

'Banking Statistics: Quarterly Handout – June 2002' provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of June 2002.The data have been classified according to top hundred centres, states, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 returns. The top hundred centres arranged according to the size of deposits accounted fo

પીડીએફ (6382 )

સપ્ટે 06, 2002

Pay Income-tax dues in advance at any designated bank branch : RBI

The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 820 computerised branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank's/designated b

પીડીએફ (4606 )

ઑગસ્ટ 19, 2002

No Immediate Bank Rate Cut : RBI

Reacting to a report in a section of the press today, quoting unnamed official sources, the official spokesperson of the Reserve Bank of India said that at present there is no immediate proposal under consideration to cut Bank Rate by 0.5 per cent. Alpana Killawala General ManagerPress Release: 2002-2003/180

પીડીએફ (4187 )

જુલાઈ 03, 2002

Aggregate Deposits and Gross Bank Credit of All Scheduled Commercial Banks Quarterly Handout: As on March 31, 2002

"Banking Statistics: Quarterly Handout – March 2002" provides data on aggregate deposits and gross bank credit of scheduled commercial banks as on March 31, 2002.The data have been classified according to top one hundred centres, states, districts, population groups and bank groups. The primary data have been collected from all scheduled commercial banks through the BSR-7 returns. The gross bank credit data includes aggregate net advances of ICICI Limited, ICICI Perso

પીડીએફ (8023 )