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Gold Monetization Scheme, 2015

Updated: ಮಾರ್ಚ್ 25, 2025

Response: No. However, banks should submit to RBI the implementation details including names of the Collection and Purity Testing Centres (CPTCs) and refiners with whom they have entered into tripartite agreement and the branches operating the scheme. Banks should also report the amount of gold mobilised under the scheme by all branches in a consolidated manner on a monthly basis in the prescribed format.

In case of existing loans as well, the instructions shall come into effect from April 1, 2024 and the switchover to new penal charges regime shall be ensured on the next review / renewal date falling on or after April 1, 2024, but not later than June 30, 2024.

Circular dated April 11, 2023 on ‘Framework for acceptance of Green Deposits’

It is not mandatory but in case REs intend to raise green deposits from their customers they should follow the framework prescribed therein.

Frequently Asked Questions (FAQs) on circular dated September 25, 2023 on ‘Display of information - Secured assets possessed under the SARFAESI Act, 2002’

Ans: Secured assets possessed by Regulated Entities (REs) under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 on or after the date of the circular should be disclosed on their website.

Ans: Cards can be classified on the basis of their issuance, usage and payment by the card holder. There are three types of cards (a) debit, (b) credit, and (c) prepaid.

The ATS is an Application Tracking System, hosted on the public website of the Reserve Bank of India (RBI), which has been developed for members of the public to submit any individual application to RBI and keep track of the status of its disposal thereafter.

Ans. An NBFC-IFC is a non-deposit taking NBFC which has a minimum of 75% of its total assets deployed towards infrastructure lending. For this purpose, the term ‘infrastructure lending’ means a credit facility extended by an NBFC to a borrower, by way of term loan, project loan subscription to bonds/ debentures/ preference shares/ equity shares in a project company acquired as a part of the project finance package such that subscription amount to be “in the nature of advance” or any other form of long term funded facility for exposure in the infrastructure sub-sectors as notified by the Department of Economic Affairs, Ministry of Finance, Government of India, from time to time.

The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934 primarily with the objective to meet the currency requirement of the economy in an expeditious manner after withdrawal of the legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time. With fulfilment of that objective and availability of banknotes in other denominations in adequate quantities, printing of ₹2000 banknotes was stopped in 2018-19. A majority of the ₹2000 denomination notes were issued prior to March 2017 and are at the end of their estimated life-span of 4-5 years. It has also been observed that this denomination is not commonly used for transactions. Further, the stock of banknotes in other denominations continue to be adequate to meet the currency requirement of the public.

In view of the above, and in pursuance of the “Clean Note Policy” of the Reserve Bank of India, it has been decided to withdraw the ₹2000 denomination banknotes from circulation.

ಉತ್ತರ. ಪಿಪಿಐಗಳು ಅಂತಹ ಉಪಕರಣಗಳಲ್ಲಿ ಸಂಗ್ರಹವಾಗಿರುವ ಮೌಲ್ಯದ ಮೇಲೆ ಹಣಕಾಸು ಸೇವೆಗಳು,ಹಣ ರವಾನೆಗಳು, ಮುಂತಾದವುಗಳನ್ನೊಳಗೊಂಡು , ಸರಕುಗಳು ಹಾಗೂ ಸೇವೆಗಳನ್ನು ಖರೀದಿಸಲು ಅನುಕೂಲವಾಗುವ ಸಾಧನಗಳಾಗಿವೆ. ದೇಶದಲ್ಲಿ ನೀಡಬಹುದಾದ ಪಿಪಿಐಗಳನ್ನು ಮೂರು ಪ್ರಕಾರಗಳ ಅಡಿಯಲ್ಲಿ ವರ್ಗೀಕರಿಸಲಾಗಿದೆ ಅಂದರೆ [1]ಕ್ಲೋಸ್ಡ್ ಸಿಸ್ಟಮ್ ಪಿಪಿಐಗಳು , [2]ಸೆಮಿ- ಕ್ಲೋಸ್ಡ್ ಸಿಸ್ಟಮ್ ಪಿಪಿಐಗಳು, ಹಾಗೂ [3]ಓಪನ್ ಸಿಸ್ಟಮ್ ಪಿಪಿಐಗಳು.

ಉತ್ತರ. ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಆಫ್ ಇಂಡಿಯಾದ ಬುಕ್ಗಳಲ್ಲಿ ಹಣದ ಸಂದಾಯ ನಡೆಯುತ್ತದೆ ಎಂದು ಪರಿಗಣಿಸಿ, ಪಾವತಿಗಳು ಅಂತಿಮವಾಗಿರುತ್ತವೆ ಹಾಗೂ ಬದಲಾಯಿಸಲಾಗುವುದಿಲ್ಲ.

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