ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಗಳು - ಆರ್ಬಿಐ - Reserve Bank of India
ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಗಳು
ಆಗ 07, 2015
Issue of ` 100 banknotes with incorporation of Rupee symbol (`) and without inset letter with numerals in ascending size in number panels
The Reserve Bank of India will shortly issue ` 100 denomination Banknotes in the Mahatma Gandhi Series-2005, incorporating "`" symbol on the obverse and the reverse, without inset letter, bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ` 100 Banknotes in Mahatma Gandhi Series- 2005 issued
The Reserve Bank of India will shortly issue ` 100 denomination Banknotes in the Mahatma Gandhi Series-2005, incorporating "`" symbol on the obverse and the reverse, without inset letter, bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ` 100 Banknotes in Mahatma Gandhi Series- 2005 issued
ಆಗ 06, 2015
RBI further extends Directions issued to Dilip Urban Co-operative Bank Ltd., Barshi, District - Solapur, Maharashtra
The Reserve Bank of India has notified that Dilip Urban Co-operative Bank Ltd., Barshi, District - Solapur was placed under directions for a period of six months vide directive UBD.CO.BSD-I/D-04/12.22.423/2014-15 dated August 06, 2014 from the close of business on August 08, 2014. The validity of the aforesaid directive was further extended for a period of six months from February 08, 2015 to August 07, 2015 vide directive dated January 20, 2015. It is hereby notified
The Reserve Bank of India has notified that Dilip Urban Co-operative Bank Ltd., Barshi, District - Solapur was placed under directions for a period of six months vide directive UBD.CO.BSD-I/D-04/12.22.423/2014-15 dated August 06, 2014 from the close of business on August 08, 2014. The validity of the aforesaid directive was further extended for a period of six months from February 08, 2015 to August 07, 2015 vide directive dated January 20, 2015. It is hereby notified
ಆಗ 06, 2015
RBI cancels Certificate of Registration
The Reserve Bank of India have cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Hanumangarh Finvest Private Limited 8, New Grain Market, Hanumangarh (Rajasthan)-335 512 B-10.00003 July 01, 2008 Jun
The Reserve Bank of India have cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Hanumangarh Finvest Private Limited 8, New Grain Market, Hanumangarh (Rajasthan)-335 512 B-10.00003 July 01, 2008 Jun
ಆಗ 05, 2015
RBI imposes Monetary Penalty on Dausa Urban Co-operative Bank Limited, Dausa
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Dausa Urban Co-operative Bank Limited, Dausa, in exercise of powers vested in it under the provisions of Section 47A (1)(b) read with section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for the violations of the guidelines/directives on Know Your Customers (KYC)/Anti Money Laundering (AML) in respect of absence of system of ris
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Dausa Urban Co-operative Bank Limited, Dausa, in exercise of powers vested in it under the provisions of Section 47A (1)(b) read with section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for the violations of the guidelines/directives on Know Your Customers (KYC)/Anti Money Laundering (AML) in respect of absence of system of ris
ಜುಲೈ 30, 2015
RBI further extends Directions issued to The C.K.P.Co-operative Bank Ltd., Mumbai, Maharashtra
The C.K.P.Co-operative Bank Ltd., Mumbai was placed under directions for a period of six months vide directive UBD.CO.BSD-I/D-34/12.22.035/2013-14 dated April 30, 2014 from the close of business on May 2, 2014. The validity of the aforesaid directive was further extended for a period of three months vide directive dated October 21, 2014 from the close of business on November 1, 2014 and further for a period of six months vide directive dated January 20, 2015 from the
The C.K.P.Co-operative Bank Ltd., Mumbai was placed under directions for a period of six months vide directive UBD.CO.BSD-I/D-34/12.22.035/2013-14 dated April 30, 2014 from the close of business on May 2, 2014. The validity of the aforesaid directive was further extended for a period of three months vide directive dated October 21, 2014 from the close of business on November 1, 2014 and further for a period of six months vide directive dated January 20, 2015 from the
ಜುಲೈ 30, 2015
` 10 coins issued to commemorate "International Day of Yoga"
The Reserve Bank of India will shortly put into circulation ₹ 10 coins to commemorate the International Day of Yoga which the Government of India has minted. The design details of these coins are: Obverse The obverse of the coin bears the Lion Capitol of Ashoka Pillar in the center with the legend "सत्यमेव जयते" inscribed below, flanked on the left periphery with the word "भारत" in Devnagri script and on the right periphery flanked with the word "INDIA" in English. It
The Reserve Bank of India will shortly put into circulation ₹ 10 coins to commemorate the International Day of Yoga which the Government of India has minted. The design details of these coins are: Obverse The obverse of the coin bears the Lion Capitol of Ashoka Pillar in the center with the legend "सत्यमेव जयते" inscribed below, flanked on the left periphery with the word "भारत" in Devnagri script and on the right periphery flanked with the word "INDIA" in English. It
ಜುಲೈ 16, 2015
Inscribing on Bank Notes
It has been brought to the notice of Reserve Bank of India that members of public and institutions write number, name or messages, etc. on the watermark window of banknotes, thus defacing the banknotes. The watermark window has an important security feature which distinguishes it from a counterfeit note. Any defacement on the window will not allow the common man to identify one of the features of a genuine note. The public is, therefore, requested to refrain from doin
It has been brought to the notice of Reserve Bank of India that members of public and institutions write number, name or messages, etc. on the watermark window of banknotes, thus defacing the banknotes. The watermark window has an important security feature which distinguishes it from a counterfeit note. Any defacement on the window will not allow the common man to identify one of the features of a genuine note. The public is, therefore, requested to refrain from doin
ಜೂನ್ 25, 2015
RBI extends the Date for Withdrawal of Pre-2005 Series Banknotes
The Reserve Bank of India has extended the date for the public to exchange their pre-2005 banknotes till December 31, 2015. It had, in December 2014, set the last date for public to exchange these notes as June 30, 2015. Soliciting cooperation from members of public in withdrawing these banknotes from circulation, the Reserve Bank of India has urged them to deposit the old design notes in their bank accounts or exchange them at a bank branch convenient to them. The Re
The Reserve Bank of India has extended the date for the public to exchange their pre-2005 banknotes till December 31, 2015. It had, in December 2014, set the last date for public to exchange these notes as June 30, 2015. Soliciting cooperation from members of public in withdrawing these banknotes from circulation, the Reserve Bank of India has urged them to deposit the old design notes in their bank accounts or exchange them at a bank branch convenient to them. The Re
ಜೂನ್ 25, 2015
Now ₹ 100 Notes to come with Numerals in Ascending Size in Number Panels
The Reserve Bank of India has issued ₹ 100 denomination banknotes in Mahatma Gandhi Series – 2005 with a new numbering pattern. Now the numerals in both the number panels of these banknotes will be in ascending size from left to right, while the first three alphanumeric characters (prefix) will remain constant in size. (see illustration) Printing the numerals in ascending size is a visible security feature in the banknotes so that the general public can easily disting
The Reserve Bank of India has issued ₹ 100 denomination banknotes in Mahatma Gandhi Series – 2005 with a new numbering pattern. Now the numerals in both the number panels of these banknotes will be in ascending size from left to right, while the first three alphanumeric characters (prefix) will remain constant in size. (see illustration) Printing the numerals in ascending size is a visible security feature in the banknotes so that the general public can easily disting
ಜೂನ್ 19, 2015
Hindi and Other Indian Languages can act as a bridge between Banker and Customer: Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, June 19, 2015
Photographs “Recently there have been many incidents where poor people were robbed of their money through Ponzi schemes. Very often people lose their lifetime earnings through these schemes. It is the responsibility of the Government and the banking sector to provide banking facilities to those who have money, but have no access to formal banking channels in a language that they would understand. We should also arrange for financial literacy in the language that they
Photographs “Recently there have been many incidents where poor people were robbed of their money through Ponzi schemes. Very often people lose their lifetime earnings through these schemes. It is the responsibility of the Government and the banking sector to provide banking facilities to those who have money, but have no access to formal banking channels in a language that they would understand. We should also arrange for financial literacy in the language that they
ಜೂನ್ 11, 2015
Issue of ₹ 10 Banknotes with incorporation of Rupee symbol (₹) and inset letter 'U'
The Reserve Bank of India will shortly issue ₹ 10 denomination Banknotes in the Mahatma Gandhi Series-2005, incorporating “₹" symbol on the obverse and the reverse, with inset letter 'U' in both the numbering panels, bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India and the year of printing '2015' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ₹ 10 Banknotes in Mahatma
The Reserve Bank of India will shortly issue ₹ 10 denomination Banknotes in the Mahatma Gandhi Series-2005, incorporating “₹" symbol on the obverse and the reverse, with inset letter 'U' in both the numbering panels, bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India and the year of printing '2015' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ₹ 10 Banknotes in Mahatma
ಏಪ್ರಿ 16, 2015
Issue of ₹ 10 coins to commemorate the occasion of "Centenary commemoration of Mahatma Gandhi's return from South Africa"
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. Details regarding design, shape, etc. of these coins have been notified in the following Gazette of the Government of India, published by the Ministry of Finance, Department of Economic Affairs- The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) - No.711 Dated December 31, 2014 These coins are legal tender as provided in Th
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. Details regarding design, shape, etc. of these coins have been notified in the following Gazette of the Government of India, published by the Ministry of Finance, Department of Economic Affairs- The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) - No.711 Dated December 31, 2014 These coins are legal tender as provided in Th
ಏಪ್ರಿ 11, 2015
RBI cautions on 'All Bank Balance Enquiry' App
It has come to the notice of the Reserve Bank of India that an app (application) is doing rounds on WhatsApp purportedly to facilitate checking of balance in customers' bank accounts. The application has an RBI logo with the title 'All Bank Balance Enquiry No' and has listed several banks with either a mobile number or call centre number. The Reserve Bank wishes to clarify that it has not developed any such application. Members of public are, therefore, advised to use
It has come to the notice of the Reserve Bank of India that an app (application) is doing rounds on WhatsApp purportedly to facilitate checking of balance in customers' bank accounts. The application has an RBI logo with the title 'All Bank Balance Enquiry No' and has listed several banks with either a mobile number or call centre number. The Reserve Bank wishes to clarify that it has not developed any such application. Members of public are, therefore, advised to use
ಏಪ್ರಿ 03, 2015
RBI celebrates 80th Anniversary: Prime Minister urges Banking Fraternity to set Goals for Next 20 Years to remove India's Poverty
The Prime Minister of India Shri Narendra Modi urged the Reserve Bank of India to take the lead in encouraging financial institutions to set concrete targets for consolidating financial inclusion over the next 20 years, to help transform the quality of life of the poor. "I come as a representative of the poor, underprivileged, marginalised and tribals; I am one among them; I seek on their behalf and trust you will not disappoint me," the Prime Minister said at the Fin
The Prime Minister of India Shri Narendra Modi urged the Reserve Bank of India to take the lead in encouraging financial institutions to set concrete targets for consolidating financial inclusion over the next 20 years, to help transform the quality of life of the poor. "I come as a representative of the poor, underprivileged, marginalised and tribals; I am one among them; I seek on their behalf and trust you will not disappoint me," the Prime Minister said at the Fin
ಫೆಬ್ರವರಿ 12, 2015
Reserve Bank of India releases the Annual Report of the Banking Ombudsman Scheme 2006: 2013-14
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2013-2014. The Banking Ombudsman Scheme was established by the Reserve Bank in 1995 to provide speedy solutions to the grievances faced by bank customers. There are 15 Offices of Banking Ombudsmen (BOS) across the country. The report is a synopsis of activities of all the offices of Banking Ombudsman. The Report indicates that compared to last year, there has been
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2013-2014. The Banking Ombudsman Scheme was established by the Reserve Bank in 1995 to provide speedy solutions to the grievances faced by bank customers. There are 15 Offices of Banking Ombudsmen (BOS) across the country. The report is a synopsis of activities of all the offices of Banking Ombudsman. The Report indicates that compared to last year, there has been
ಜನವರಿ 09, 2015
RBI releases Guidelines on Criteria for Institutions, seeking Financial Assistance from the Depositor Education and Awareness Fund
The Reserve Bank of India released on its website today, the Guidelines on the Criteria for registering institutions, organisations and associations for grant of financial assistance from the Depositor Education and Awareness Fund (Fund). Key features Objectives and Scope of activities: To grant financial assistance to institutions/ organisations/ associations for taking up various activities relating to promoting bank depositors’ education and awareness. Eligible ent
The Reserve Bank of India released on its website today, the Guidelines on the Criteria for registering institutions, organisations and associations for grant of financial assistance from the Depositor Education and Awareness Fund (Fund). Key features Objectives and Scope of activities: To grant financial assistance to institutions/ organisations/ associations for taking up various activities relating to promoting bank depositors’ education and awareness. Eligible ent
ಜನವರಿ 01, 2015
RBI cautions Public against Multi Level Marketing Activities
The Reserve Bank of India has cautioned the public against Multi-level Marketing (MLM) activities so that investors do not fall prey to unscrupulous entities. Explaining the functioning of these entities, the Reserve Bank stated that MLM/Chain Marketing/Pyramid Structure schemes promise easy or quick money upon enrolment of members. Income under such schemes majorly comes from enrolling more and more members from whom hefty subscription fees are taken rather than from
The Reserve Bank of India has cautioned the public against Multi-level Marketing (MLM) activities so that investors do not fall prey to unscrupulous entities. Explaining the functioning of these entities, the Reserve Bank stated that MLM/Chain Marketing/Pyramid Structure schemes promise easy or quick money upon enrolment of members. Income under such schemes majorly comes from enrolling more and more members from whom hefty subscription fees are taken rather than from
ಡಿಸೆಂ 23, 2014
Deposit Pre-2005 Currency Notes in Your Bank Accounts before June 30, 2015: RBI urges Public
Soliciting cooperation from the public in withdrawing these notes from circulation, the Reserve Bank of India has urged them to deposit the old design notes in their bank accounts or exchange them at a bank branch convenient to them. The Reserve Bank of India has stated that the public can do so till June 30, 2015. Earlier, in March 2014, it had set the last date for public to exchange these notes was January 01, 2015. The Reserve Bank has stated that the notes can be
Soliciting cooperation from the public in withdrawing these notes from circulation, the Reserve Bank of India has urged them to deposit the old design notes in their bank accounts or exchange them at a bank branch convenient to them. The Reserve Bank of India has stated that the public can do so till June 30, 2015. Earlier, in March 2014, it had set the last date for public to exchange these notes was January 01, 2015. The Reserve Bank has stated that the notes can be
ಡಿಸೆಂ 11, 2014
Supervisory College for Punjab National Bank
Photographs The Reserve Bank of India set up the Supervisory College for Punjab National Bank on December 09, 2014 in Mumbai. Shri Chandan Sinha, Executive Director, Reserve Bank of India inaugurated the College. Shri Chandan Sinha in his address stated that the regulatory framework is getting synchronised across jurisdictions on the lines of the Basel framework and regulators are also learning from each-other about the best practices. He further emphasised that super
Photographs The Reserve Bank of India set up the Supervisory College for Punjab National Bank on December 09, 2014 in Mumbai. Shri Chandan Sinha, Executive Director, Reserve Bank of India inaugurated the College. Shri Chandan Sinha in his address stated that the regulatory framework is getting synchronised across jurisdictions on the lines of the Basel framework and regulators are also learning from each-other about the best practices. He further emphasised that super
ಡಿಸೆಂ 09, 2014
Supervisory College for State Bank of India
Photographs The second Supervisory College for State Bank of India was held in Mumbai on December 08, 2014. Shri S.S. Mundra, Deputy Governor, Reserve Bank of India inaugurated the supervisory college. In his address, Shri Mundra briefly touched upon the set-up of Supervisory Colleges and then presented a bird’s eye view of the banking system in India and the tools for the supervision of commercial banks by RBI. He mentioned that though none of the Indian banks qualif
Photographs The second Supervisory College for State Bank of India was held in Mumbai on December 08, 2014. Shri S.S. Mundra, Deputy Governor, Reserve Bank of India inaugurated the supervisory college. In his address, Shri Mundra briefly touched upon the set-up of Supervisory Colleges and then presented a bird’s eye view of the banking system in India and the tools for the supervision of commercial banks by RBI. He mentioned that though none of the Indian banks qualif
ಡಿಸೆಂ 03, 2014
RBI releases Charter of Customer Rights
The Reserve Bank of India today released a Charter of Customer Rights, which enshrines broad, overarching principles for protection of bank customers and enunciates the ‘five’ basic rights of bank customers. These are: (i) Right to Fair Treatment; (ii) Right to Transparency; Fair and Honest Dealing; (iii) Right to Suitability; (iv) Right to Privacy; and (v) Right to Grievance Redress and Compensation. The Reserve Bank has also advised the Indian Banks’ Association (IB
The Reserve Bank of India today released a Charter of Customer Rights, which enshrines broad, overarching principles for protection of bank customers and enunciates the ‘five’ basic rights of bank customers. These are: (i) Right to Fair Treatment; (ii) Right to Transparency; Fair and Honest Dealing; (iii) Right to Suitability; (iv) Right to Privacy; and (v) Right to Grievance Redress and Compensation. The Reserve Bank has also advised the Indian Banks’ Association (IB
ನವೆಂ 27, 2014
Credit Card in the name of RBI : RBI cautions Once More about the Newest Kind of Fraud perpetrated in its Name
The Reserve Bank of India today issued one more alert to the public about the newest form of fraud perpetrated in its name - a credit card issued by fraudsters in the name of the Reserve Bank. Explaining the modus operandi, the Reserve Bank stated that the gullible member of the public is sent a credit card which allows withdrawal of money up to a certain limit, albeit a small sum, from a bank account. Having gained the confidence of the victim thus, the fraudster get
The Reserve Bank of India today issued one more alert to the public about the newest form of fraud perpetrated in its name - a credit card issued by fraudsters in the name of the Reserve Bank. Explaining the modus operandi, the Reserve Bank stated that the gullible member of the public is sent a credit card which allows withdrawal of money up to a certain limit, albeit a small sum, from a bank account. Having gained the confidence of the victim thus, the fraudster get
ನವೆಂ 24, 2014
RBI Cautions against Misuse of cancelled NBFC Certificate of Registration
It has come to the notice of the Reserve Bank of India that some entities/imposters, including companies, partnership firms, individuals, etc., are fraudulently impersonating as Non Banking Financial Companies (NBFCs) registered with the Reserve Bank of India, by forging the Certificate of Registration cancelled by Reserve Bank of India. It is understood that entities/imposters are promising loans to the needy public at attractive rates and collecting money from them
It has come to the notice of the Reserve Bank of India that some entities/imposters, including companies, partnership firms, individuals, etc., are fraudulently impersonating as Non Banking Financial Companies (NBFCs) registered with the Reserve Bank of India, by forging the Certificate of Registration cancelled by Reserve Bank of India. It is understood that entities/imposters are promising loans to the needy public at attractive rates and collecting money from them
ಸೆಪ್ಟೆಂ 05, 2014
Supervisory College for ICICI Bank Ltd
The second Supervisory College for ICICI Bank Ltd. was held in Mumbai on September 04, 2014. Shri Harun R. Khan, Deputy Governor, Reserve Bank of India inaugurated the forum. The Reserve Bank of India had set up the first Supervisory College for ICICI Bank Ltd. in December, 2012. Shri Harun R. Khan in his address to the Supervisory College stated that the synergy which was developed among the Supervisors during the first Supervisory College of ICICI Bank Ltd. in Decem
The second Supervisory College for ICICI Bank Ltd. was held in Mumbai on September 04, 2014. Shri Harun R. Khan, Deputy Governor, Reserve Bank of India inaugurated the forum. The Reserve Bank of India had set up the first Supervisory College for ICICI Bank Ltd. in December, 2012. Shri Harun R. Khan in his address to the Supervisory College stated that the synergy which was developed among the Supervisors during the first Supervisory College of ICICI Bank Ltd. in Decem
ಸೆಪ್ಟೆಂ 03, 2014
RBI sets up Supervisory Colleges for Axis Bank Ltd
The Reserve Bank of India set up the Supervisory College for Axis Bank Ltd. on September 03, 2014 in Mumbai. Shri R Gandhi, Deputy Governor, Reserve Bank of India inaugurated the College. Shri R Gandhi in his address stated that some of the Indian banks have started touching the lives of people and enterprises in overseas jurisdictions and have assumed a certain degree of relevance for the host nations’ economy. It casts upon the Reserve Bank as the home country super
The Reserve Bank of India set up the Supervisory College for Axis Bank Ltd. on September 03, 2014 in Mumbai. Shri R Gandhi, Deputy Governor, Reserve Bank of India inaugurated the College. Shri R Gandhi in his address stated that some of the Indian banks have started touching the lives of people and enterprises in overseas jurisdictions and have assumed a certain degree of relevance for the host nations’ economy. It casts upon the Reserve Bank as the home country super
ಆಗ 26, 2014
RBI’s Recent simplified KYC Measures For Public Awareness
The Reserve Bank of India today released a note along with a poster and a booklet comprising a few common questions relating to Know Your Customer (KYC) norms for opening bank accounts. The objective of this is to bring awareness among the general public about the KYC simplification measures taken by the Reserve Bank in the recent times with a view to helping the common man in opening bank accounts. Measures taken for simplification: 1. Single document for proof of id
The Reserve Bank of India today released a note along with a poster and a booklet comprising a few common questions relating to Know Your Customer (KYC) norms for opening bank accounts. The objective of this is to bring awareness among the general public about the KYC simplification measures taken by the Reserve Bank in the recent times with a view to helping the common man in opening bank accounts. Measures taken for simplification: 1. Single document for proof of id
ಆಗ 22, 2014
RBI seeks Comments on its Draft Charter of Customer Rights
The Reserve Bank of India today placed on RBI website. (www.rbi.org.in), a draft Charter of Customer Rights comprising five basic customer rights and explanatory notes on each right for public comments. The draft Charter of Customer Rights to deal with entities regulated by the Reserve Bank, has been framed based on global best practices of consumer protection as also discussions and interaction with various stakeholders. The Charter spells out the rights of the custo
The Reserve Bank of India today placed on RBI website. (www.rbi.org.in), a draft Charter of Customer Rights comprising five basic customer rights and explanatory notes on each right for public comments. The draft Charter of Customer Rights to deal with entities regulated by the Reserve Bank, has been framed based on global best practices of consumer protection as also discussions and interaction with various stakeholders. The Charter spells out the rights of the custo
ಆಗ 01, 2014
Do Not give Details of Your Bank Account or Credit/Debit Cards on Email/Phone: RBI Warns Public Again on Phishing Mails/Calls
Of late, some new methods of frauds have come to the notice of the Reserve Bank of India. An e-mail is sent in the name of a senior official of the Reserve Bank of India which gives an impression of it having been sent from the Reserve Bank and at times even displays the official rbi.org.in extension. The e-mail states that the Reserve Bank has received a large sum of foreign currency from the World Bank or a well-known international institution or a multi-national co
Of late, some new methods of frauds have come to the notice of the Reserve Bank of India. An e-mail is sent in the name of a senior official of the Reserve Bank of India which gives an impression of it having been sent from the Reserve Bank and at times even displays the official rbi.org.in extension. The e-mail states that the Reserve Bank has received a large sum of foreign currency from the World Bank or a well-known international institution or a multi-national co
ಜುಲೈ 17, 2014
Issue of ₹ 10 coins to commemorate the occasion of "Diamond Jubilee of Coir Board"
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. Details regarding design, shape, etc. of these coins have been notified in the following Gazette of the Government of India, dated February 20, 2014 published by the Ministry of Finance, Department of Economic Affairs- The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) - No.76 (annexed) These coins are legal tender as provi
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. Details regarding design, shape, etc. of these coins have been notified in the following Gazette of the Government of India, dated February 20, 2014 published by the Ministry of Finance, Department of Economic Affairs- The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) - No.76 (annexed) These coins are legal tender as provi
ಜೂನ್ 23, 2014
RBI announces Timelines for Regulatory Approvals and Citizens’ Charter for Delivery of Services
The Reserve Bank of India (RBI) today released on its website the ‘Timelines for Regulatory Approvals’ and ‘Citizens’ Charter’ for delivery of services as part of implementation of the non-legislative recommendations of the Financial Sector Legislative Reforms Commission (FSLRC). These timelines are indicative. If departments are likely to exceed the timeline, they will revert to the applicant. In case an applicant does not get a response within the indicated timeline
The Reserve Bank of India (RBI) today released on its website the ‘Timelines for Regulatory Approvals’ and ‘Citizens’ Charter’ for delivery of services as part of implementation of the non-legislative recommendations of the Financial Sector Legislative Reforms Commission (FSLRC). These timelines are indicative. If departments are likely to exceed the timeline, they will revert to the applicant. In case an applicant does not get a response within the indicated timeline
ಮೇ 26, 2014
RBI warns about Fake Website in its Name
It has come to the notice of the Reserve Bank of India today that a fake website has been created at http://www.rbi-inonline.org/savings.html by some unknown persons offering various banking facilities and asking members of public to apply on-line for opening “RBI Savings Account”. The Reserve Bank clarifies that as India’s central bank, the Reserve Bank of India does not offer services offered by commercial banks, such as, savings bank account, current bank account o
It has come to the notice of the Reserve Bank of India today that a fake website has been created at http://www.rbi-inonline.org/savings.html by some unknown persons offering various banking facilities and asking members of public to apply on-line for opening “RBI Savings Account”. The Reserve Bank clarifies that as India’s central bank, the Reserve Bank of India does not offer services offered by commercial banks, such as, savings bank account, current bank account o
ಜನವರಿ 31, 2014
Annual Conference of Banking Ombudsmen 2014
The Annual Banking Ombudsmen Conference was held at the Reserve Bank of India, Mumbai on January 30, 2014 and was inaugurated by Dr. Raghuram G. Rajan, Governor, Reserve Bank of India. The Governor delivered the keynote address and expressed that customer protection is at the core of the central Banks’ concerns. He released the Annual Report of the Banking Ombudsman Scheme for year 2012-2013. The Annual Report contains the highlights of the performance of 15 Offices o
The Annual Banking Ombudsmen Conference was held at the Reserve Bank of India, Mumbai on January 30, 2014 and was inaugurated by Dr. Raghuram G. Rajan, Governor, Reserve Bank of India. The Governor delivered the keynote address and expressed that customer protection is at the core of the central Banks’ concerns. He released the Annual Report of the Banking Ombudsman Scheme for year 2012-2013. The Annual Report contains the highlights of the performance of 15 Offices o
ಜನವರಿ 24, 2014
Banknotes issued prior to 2005 to be withdrawn – RBI Clarification
Further to our Press Release dated January 22, 2014 on the subject and in response to the queries raised, the Reserve Bank of India (RBI) clarifies that the rationale behind its move to withdraw banknotes printed prior to 2005 is to remove these banknotes from the market because they have fewer security features compared to banknotes printed after 2005. It is standard international practice to withdraw old series notes. The RBI has already been withdrawing these bank
Further to our Press Release dated January 22, 2014 on the subject and in response to the queries raised, the Reserve Bank of India (RBI) clarifies that the rationale behind its move to withdraw banknotes printed prior to 2005 is to remove these banknotes from the market because they have fewer security features compared to banknotes printed after 2005. It is standard international practice to withdraw old series notes. The RBI has already been withdrawing these bank
ಜನವರಿ 22, 2014
2005 ಕ್ಕೂ ಮುಂಚಿತವಾಗಿ ನೀಡಲಾದ ಬ್ಯಾಂಕು ನೋಟುಗಳನ್ನು ಹಿಂತೆಗೆದುಕೊಳ್ಳಲಾಗುವುದು - ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕಿನ ಸೂಚನೆ
ಜನವರಿ 22, 2014 2005 ಕ್ಕೂ ಮುಂಚಿತವಾಗಿ ನೀಡಲಾದ ಬ್ಯಾಂಕು ನೋಟುಗಳನ್ನುಹಿಂತೆಗೆದುಕೊಳ್ಳಲಾಗುವುದು - ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕಿನ ಸೂಚನೆ 2005 ಕ್ಕೂ ಮುಂಚಿತವಾಗಿ ನೀಡಲಾಗಿರುವ ಎಲ್ಲಾ ಬ್ಯಾಂಕು ನೋಟುಗಳನ್ನು ಮಾರ್ಚ್ 31, 2014 ರ ನಂತರ ಚಲಾವಣೆಯಿಂದ ಹಿಂತೆಗುದುಕೊಳ್ಳಲಾಗುವುದೆಂದು ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಇಂದು ಸೂಚನೆ ನೀಡಿದೆ. ಏಪ್ರಿಲ್ 1, 2014 ರಿಂದ ಈ ನೋಟುಗಳನ್ನು ಬದಲಾಯಿಸಿಕೊಳ್ಳಲು ಬ್ಯಾಂಕುಗಳನ್ನು ಸಂಪರ್ಕಿಸಬೇಕು. ಈ ನೋಟುಗಳ ಬದಲಾವಣೆ ಸೌಲಭ್ಯವನ್ನು ಮುಂದೆ ಸೂಚನೆ ನೀಡುವವರೆಗೂ ಬ್ಯಾಂಕುಗಳು ಮುಂದುವರಿಸಲಿವೆ. ಇಂತಹ ನೋಟುಗಳ ಹಿಂಭಾಗದಲ್ಲಿ ನೋಟು ಮುದ್ರಣ ವರ್ಷವ
ಜನವರಿ 22, 2014 2005 ಕ್ಕೂ ಮುಂಚಿತವಾಗಿ ನೀಡಲಾದ ಬ್ಯಾಂಕು ನೋಟುಗಳನ್ನುಹಿಂತೆಗೆದುಕೊಳ್ಳಲಾಗುವುದು - ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕಿನ ಸೂಚನೆ 2005 ಕ್ಕೂ ಮುಂಚಿತವಾಗಿ ನೀಡಲಾಗಿರುವ ಎಲ್ಲಾ ಬ್ಯಾಂಕು ನೋಟುಗಳನ್ನು ಮಾರ್ಚ್ 31, 2014 ರ ನಂತರ ಚಲಾವಣೆಯಿಂದ ಹಿಂತೆಗುದುಕೊಳ್ಳಲಾಗುವುದೆಂದು ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಇಂದು ಸೂಚನೆ ನೀಡಿದೆ. ಏಪ್ರಿಲ್ 1, 2014 ರಿಂದ ಈ ನೋಟುಗಳನ್ನು ಬದಲಾಯಿಸಿಕೊಳ್ಳಲು ಬ್ಯಾಂಕುಗಳನ್ನು ಸಂಪರ್ಕಿಸಬೇಕು. ಈ ನೋಟುಗಳ ಬದಲಾವಣೆ ಸೌಲಭ್ಯವನ್ನು ಮುಂದೆ ಸೂಚನೆ ನೀಡುವವರೆಗೂ ಬ್ಯಾಂಕುಗಳು ಮುಂದುವರಿಸಲಿವೆ. ಇಂತಹ ನೋಟುಗಳ ಹಿಂಭಾಗದಲ್ಲಿ ನೋಟು ಮುದ್ರಣ ವರ್ಷವ
ಡಿಸೆಂ 24, 2013
RBI cautions users of Virtual Currencies against Risks
The Reserve Bank of India has today cautioned the users, holders and traders of Virtual currencies (VCs), including Bitcoins, about the potential financial, operational, legal, customer protection and security related risks that they are exposing themselves to. The Reserve Bank has mentioned that it has been looking at the developments relating to certain electronic records claimed to be “Decentralised Digital Currency” or “Virtual Currency” (VCs), such as, Bitcoins,
The Reserve Bank of India has today cautioned the users, holders and traders of Virtual currencies (VCs), including Bitcoins, about the potential financial, operational, legal, customer protection and security related risks that they are exposing themselves to. The Reserve Bank has mentioned that it has been looking at the developments relating to certain electronic records claimed to be “Decentralised Digital Currency” or “Virtual Currency” (VCs), such as, Bitcoins,
ನವೆಂ 12, 2013
RBI’s Financial Literacy Material for Bankers Now in Regional Languages
The Reserve Bank of India (RBI) today released financial literacy material consisting of financial literacy guide, financial diary and a set of 16 posters for use by banks and all other stakeholders in four regional languages, namely, Bengali, Kannada, Telugu and Urdu. The Reserve Bank has advised banks to use the financial literacy material while conducting camps as per the operational guidelines issued by the Reserve Bank on January 31, 2013. At that time, the Reser
The Reserve Bank of India (RBI) today released financial literacy material consisting of financial literacy guide, financial diary and a set of 16 posters for use by banks and all other stakeholders in four regional languages, namely, Bengali, Kannada, Telugu and Urdu. The Reserve Bank has advised banks to use the financial literacy material while conducting camps as per the operational guidelines issued by the Reserve Bank on January 31, 2013. At that time, the Reser
ಅಕ್ಟೋ 24, 2013
Reserve Bank of India appoints the GIRO Advisory Group (GAG)
The Reserve Bank of India has announced the constitution of a GIRO Advisory Group (GAG) to implement a national GIRO-based Indian Bill Payment System such that households will be able to use bank accounts to pay school fees, utilities, medical bills and make remittances electronically. The terms of reference of the GAG are: i .Suggesting the nature of organization to undertake the GIRO based bill payments-either existing organization(s) or formation of new organizatio
The Reserve Bank of India has announced the constitution of a GIRO Advisory Group (GAG) to implement a national GIRO-based Indian Bill Payment System such that households will be able to use bank accounts to pay school fees, utilities, medical bills and make remittances electronically. The terms of reference of the GAG are: i .Suggesting the nature of organization to undertake the GIRO based bill payments-either existing organization(s) or formation of new organizatio
ಸೆಪ್ಟೆಂ 19, 2013
Carrying of INR 10,000 by Non-residents and Residents : RBI Clarifies
In terms of instructions issued vide A.P. (Dir Series) circular No.45 dated September 16, 2013, the Reserve Bank of India had facilitated encashment of rupees into convertible currencies even beyond Immigration/Customs desk. This instruction has been misreported in certain sections of the media as a new restriction imposed by the Reserve Bank. The Reserve Bank issues the following clarifications in this regard: (1) A non-resident is currently not allowed to carry Indi
In terms of instructions issued vide A.P. (Dir Series) circular No.45 dated September 16, 2013, the Reserve Bank of India had facilitated encashment of rupees into convertible currencies even beyond Immigration/Customs desk. This instruction has been misreported in certain sections of the media as a new restriction imposed by the Reserve Bank. The Reserve Bank issues the following clarifications in this regard: (1) A non-resident is currently not allowed to carry Indi
ಸೆಪ್ಟೆಂ 11, 2013
Respect Your Banknotes : RBI appeals to Public
The Reserve Bank of India today appealed to members of public not to use banknotes for making garlands, decorating pandals and places of worship or for showering on personalities in social events, etc. Such actions deface the banknotes and shorten their life, the Reserve Bank stated and added that banknotes should be respected as they are a symbol of the Sovereign and public should not misuse them and help in increasing the life of banknotes. The Reserve Bank has also
The Reserve Bank of India today appealed to members of public not to use banknotes for making garlands, decorating pandals and places of worship or for showering on personalities in social events, etc. Such actions deface the banknotes and shorten their life, the Reserve Bank stated and added that banknotes should be respected as they are a symbol of the Sovereign and public should not misuse them and help in increasing the life of banknotes. The Reserve Bank has also
ಆಗ 29, 2013
Issue of ₹ 10 coins to commemorate the occasion of "Silver Jubilee of Shri Mata Vaishno Devi Shrine Board"
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. Details regarding design, shape, etc. of these coins have been notified in the following Gazette of the Government of India, dated September 14, 2012 published by the Ministry of Finance, Department of Economic Affairs- The Gazette of India-Extraordinary- part II-Section 3-sub-section (i)-Issue No.458 (annexed) These coins are legal tender as
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. Details regarding design, shape, etc. of these coins have been notified in the following Gazette of the Government of India, dated September 14, 2012 published by the Ministry of Finance, Department of Economic Affairs- The Gazette of India-Extraordinary- part II-Section 3-sub-section (i)-Issue No.458 (annexed) These coins are legal tender as
ಆಗ 28, 2013
Dr. D. Subbarao, Governor, RBI appealed to the banks to reach out in Hindi and other vernacular languages for meaningful Financial Inclusion and Financial Literacy
"Financial inclusion and financial literacy are priority programmes for the Reserve Bank. I am happy to note that banks have been implementing these initiatives with enthusiasm, vigour and imagination. One lesson of experience in this regard has been that we cannot meaningfully pursue financial inclusion and financial literacy by using English as the medium of communication. We necessarily have to reach out in Hindi and other vernacular languages." Dr. D. Subbarao, Go
"Financial inclusion and financial literacy are priority programmes for the Reserve Bank. I am happy to note that banks have been implementing these initiatives with enthusiasm, vigour and imagination. One lesson of experience in this regard has been that we cannot meaningfully pursue financial inclusion and financial literacy by using English as the medium of communication. We necessarily have to reach out in Hindi and other vernacular languages." Dr. D. Subbarao, Go
ಆಗ 17, 2013
PM Releases Fourth Volume of RBI History (1981-1997)
Dr. Manmohan Singh, the Hon’ble Prime Minister, released the fourth volume of the Reserve Bank of India's history at a function held today in New Delhi. Jointly published by the Reserve Bank and the Academic Foundation, the volume covers the momentous 16-year period from 1981 to 1997. With this volume, the Reserve Bank of India has now updated its history up to 1997. The Reserve Bank had initiated the process of preparation of this volume in 2009 under the guidance of
Dr. Manmohan Singh, the Hon’ble Prime Minister, released the fourth volume of the Reserve Bank of India's history at a function held today in New Delhi. Jointly published by the Reserve Bank and the Academic Foundation, the volume covers the momentous 16-year period from 1981 to 1997. With this volume, the Reserve Bank of India has now updated its history up to 1997. The Reserve Bank had initiated the process of preparation of this volume in 2009 under the guidance of
ಆಗ 14, 2013
RBI announces measures to rationalise Foreign Exchange Outflows by Resident Indians
Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would also apply to remittances made under the ODI scheme by Indian Companies for setting up unincorporated entities outside India in the energy
Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would also apply to remittances made under the ODI scheme by Indian Companies for setting up unincorporated entities outside India in the energy
ಜುಲೈ 22, 2013
Revised Scheme for Import of Gold
Certain restrictions were imposed on the import of various forms of gold by nominated banks/nominated agencies/ premier or star trading houses/SEZ units/EoUs which have been permitted to import gold for use in the domestic sector. On a review of the above instructions and in consultation with Government of India, it has been decided to rationalize the import of gold in any form/purity including import of gold coins/dore into the country. Nominated banks/ Nominated age
Certain restrictions were imposed on the import of various forms of gold by nominated banks/nominated agencies/ premier or star trading houses/SEZ units/EoUs which have been permitted to import gold for use in the domestic sector. On a review of the above instructions and in consultation with Government of India, it has been decided to rationalize the import of gold in any form/purity including import of gold coins/dore into the country. Nominated banks/ Nominated age
ಜೂನ್ 05, 2013
RBI’s Fraud Monitoring Cell to function from Bengaluru from July 1
The Reserve Bank of India’s Fraud Monitoring Cell attached to Department of Banking Supervision, Central Office has shifted from the present location at 2nd Floor, World Trade Centre-1, Cuffe Parade, Mumbai - 400005 to Bengaluru Regional Office of the Reserve Bank. The Central Fraud monitoring Cell will continue to be part of Department of Banking Supervision, Central Office Mumbai and will start functioning from the new location at Bengaluru from July 01, 2013. All t
The Reserve Bank of India’s Fraud Monitoring Cell attached to Department of Banking Supervision, Central Office has shifted from the present location at 2nd Floor, World Trade Centre-1, Cuffe Parade, Mumbai - 400005 to Bengaluru Regional Office of the Reserve Bank. The Central Fraud monitoring Cell will continue to be part of Department of Banking Supervision, Central Office Mumbai and will start functioning from the new location at Bengaluru from July 01, 2013. All t
ಮೇ 31, 2013
Check before Depositing Money with Financial Entities: RBI Advisory
The Reserve Bank of India has today issued an advisory to members of public urging them to carefully evaluate their investment decisions, including making deposit with NBFCs. The advisory is part of the Frequently Asked Questions (FAQs) issued by the central bank. The FAQs explain in detail the various kinds of financial entities and the regulations governing them. They also list where members of public can lodge complaints in case some financial entity is found to be
The Reserve Bank of India has today issued an advisory to members of public urging them to carefully evaluate their investment decisions, including making deposit with NBFCs. The advisory is part of the Frequently Asked Questions (FAQs) issued by the central bank. The FAQs explain in detail the various kinds of financial entities and the regulations governing them. They also list where members of public can lodge complaints in case some financial entity is found to be
ಏಪ್ರಿ 16, 2013
Issue of ` 5/- denomination banknotes in Mahatma Gandhi Series with additional / new security features, with 'R' inset letter in the numbering panels, bearing the signature of Dr. D. Subbarao, Governor.
The Reserve Bank of India will shortly issue ` 5/- denomination banknotes with new / improved security features in Mahatma Gandhi Series with 'R' inset letter in the numbering panels, bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. Except for the signature of Dr. D. Subbarao, Governor, the design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series with additional / new security features issued
The Reserve Bank of India will shortly issue ` 5/- denomination banknotes with new / improved security features in Mahatma Gandhi Series with 'R' inset letter in the numbering panels, bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. Except for the signature of Dr. D. Subbarao, Governor, the design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series with additional / new security features issued
ಮಾರ್ಚ್ 21, 2013
Issue of ` 10 Banknotes with incorporation of Rupee symbol (`) and inset letter 'M'
The Reserve Bank of India will shortly issue ` 10 denomination Banknotes incorporating " ` "symbol on the obverse and reverse, with inset letter 'M' in both the numbering panels, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing '2013' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `10 Banknotes in Mahatma Gandhi Se
The Reserve Bank of India will shortly issue ` 10 denomination Banknotes incorporating " ` "symbol on the obverse and reverse, with inset letter 'M' in both the numbering panels, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing '2013' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `10 Banknotes in Mahatma Gandhi Se
ಮಾರ್ಚ್ 08, 2013
Issue of `5 coins to commemorate the occasion of "150 th Birth Anniversary of Madan Mohan Malaviya"
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation, conforming to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETER NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Design DENOMI-NATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ash
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation, conforming to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETER NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Design DENOMI-NATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ash
ಫೆಬ್ರವರಿ 27, 2013
Issue of `20 Banknotes with incorporation of Rupee symbol (`) and inset letter 'E'
The Reserve Bank of India will shortly issue `20 denomination Banknotes incorporating ' ` ' symbol, with inset letter 'E', in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `20 Banknotes in Mahatma Gandhi Series- 2005 , issued earlier. All the Banknotes in the deno
The Reserve Bank of India will shortly issue `20 denomination Banknotes incorporating ' ` ' symbol, with inset letter 'E', in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `20 Banknotes in Mahatma Gandhi Series- 2005 , issued earlier. All the Banknotes in the deno
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಸೆಪ್ಟೆಂಬರ್ 06, 2024