Ans: There are two ongoing use cases of e₹-W, (i) funds settlement of secondary market transactions in Government Securities, and (ii) settlement of inter-bank lending and borrowing in call money market. Settlement in central bank money is expected to reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk and benefitting from the programmability and smart contracts functionalities of e₹-W.

DPSS. CO.CHD. No. 274/03.01.02/2012-13, ದಿನಾಂಕ ಆಗಸ್ಟ್ 10,2012ರಲ್ಲಿ
ಬಿಎಸ್ಬಿಡಿಎಯು ಕನಿಷ್ಠ ಸೌಲಭ್ಯನೀಡುವಾಗ ಬಿಎಸ್ಬಿಡಿಎ ಗ್ರಾಹಕರಿಗೆ ಚೆಕ್ಬುಕ್ ಸೌಲಭ್ಯ ನೀಡುವುದನ್ನು ಅಂದಾಜಿಸಿಲ್ಲ. ಬ್ಯಾಂಕುಗಳು ಚೆಕ್ಬುಕ್ ಸೌಲಭ್ಯದಂತಹ ಯಾವುದೇ ಸೌಲಭ್ಯವನ್ನು ಉಚಿತವಾಗಿ [ಆಗ ಖಾತೆಯು ಬಿಎಸ್ಬಿಡಿಎ ಆಗಿ ಉಳಿಯುತ್ತದೆ] ನೀಡಲು ಅಥವಾ ಹೆಚ್ಚಿನ ಸೌಲಭ್ಯಕ್ಕೆ ಶುಲ್ಕ ವಿಧಿಸಲು [ಆಗ ಖಾತೆಯು ಬಿಎಸ್ಬಿಡಿಎ ಆಗಿರುವುದಿಲ್ಲ] ಸ್ವತಂತ್ರರು.

Yes, the conciliation meeting can be held virtually either through the Video Conferencing facility of RBI, for which one may have to visit the nearest RBI Office, or from any nearby branch of the concerned bank or through platforms like WebEx etc. in consultation with the RBI Ombudsman office, and subject to the requirement given by the Office of RBI Ombudsman. Audio Conference calls are also possible.

ಉತ್ತರ. ಕಾರ್ಡ್ ಕಳೆದು ಹೋಗಿರುವುದು/ಕಳ್ಳತನವಾಗಿರುವುದು ಗಮನಕ್ಕೆ ಬಂದ ತಕ್ಷಣ ಗ್ರಾಹಕರು ಕಾರ್ಡ್ ನೀಡುವ ಬ್ಯಾಂಕ್ ಅನ್ನು ತಕ್ಷಣ ಸಂಪರ್ಕಿಸಬೇಕು ಹಾಗೂ ಕಾರ್ಡ್ ಅನ್ನು ಬ್ಲಾಕ್ ಮಾಡಲು ಬ್ಯಾಂಕ್ಗೆ ವಿನಂತಿಸಿಕೊಳ್ಳಬೆಕು.

Ans. The requirement of KYC documents depends on the modes used for periodic updation of KYC as detailed in the reply to Q 24, above.

1. In case of change in the KYC information, the customer has to provide the documents as mentioned in the reply to Q 5 above;
2. In case of no change in KYC information, the customer can provide a self-declaration. Similarly, a self-declaration in case of change only in address can also be provided by the customer to RE as detailed in reply to Q 24 above.
3. In case of Aadhaar OTP-based e-KYC authentication facility in non-face-to-face mode, the customer can provide a declaration of the current address even if the current address is different from the address in Aadhaar database. However, RE shall ensure that mobile number for Aadhaar authentication is same as the one available with it in the customer’s profile, in order to prevent any fraud.
4. In case of use of V-CIP for completing re-KYC, the requirements shall be as per paragraph 18 of the Master Direction on KYC, which include identification and verification of the identity using (i) Aadhaar OTP based e-KYC authentication in non-face-to-face mode; (ii) offline verification of Aadhaar; (iii) KYC records downloaded from CKYCR; and (iv) equivalent e-documents including documents issued through DigiLocker.

The objective of TReDS is to create Electronic Bill Factoring Exchanges which could electronically accept and settle bills so that MSMEs could encash their receivables without delay. This will not only give them greater access to finance but will also put greater discipline on corporates to pay their dues on time. For more details you may refer to RBI guidelines for setting up and operating TReDS.

ಸುತ್ತೋಲೆಯ ದಿನಾಂಕ ಆಗಸ್ಟ್ 10, 2012ರಿಂದ ಪ್ರಸ್ತುತದ ಎಲ್ಲ 'ನೊ-ಫ್ರಿಲ್ಸ್' ಖಾತೆಗಳನ್ನು ಬಿಎಸ್ಬಿಡಿಎ ಖಾತೆಗಳೆಂದು ಪರಿಗಣಿಸಬಹುದು ಮತ್ತು ಬ್ಯಾಂಕುಗಳು ಸುತ್ತೋಲೆಯಲ್ಲಿ ನಿಗದಿಸಲ್ಪಟ್ಟ, ಎಟಿಎಮ್ ಕಾರ್ಡ್ ಮುಂತಾದ ಸೌಲಭ್ಯಗಳನ್ನು ಪ್ರಸ್ತುತದ 'ನೊ-ಫ್ರಿಲ್ಸ್' ಖಾತೆದಾರರಿಗೆ ಗ್ರಾಹಕರು ಬ್ಯಾಂಕಿಗೆ ಸಂಪರ್ಕಿಸಿದಾಗ ನೀಡಬಹುದು. ಆದರೆ ನಮ್ಮ ಸುತ್ತೋಲೆ ನೀಡಿದ ಬಳಿಕ ಗ್ರಾಹಕರು ತೆರೆದ ಹೊಸ ಖಾತೆಗಳಿಗೆ ನಿಗದಿಸಲ್ಪಟ್ಟ ಸೌಲಭ್ಯಗಳನ್ನು ಖಾತೆ ತೆರೆದ ತತ್ಕ್ಷಣವೇ ನೀಡಬೇಕು.

Ans : The Reserve Bank of India has deregulated the charges to be levied by sponsor banks from user institutions. The sponsor banks are, however, required to disclose the charges in a transparent manner. With effect from 1st July 2011, originating banks are required to pay a nominal charge of 25 paise and 50 paise per transaction to the Clearing house and destination bank respectively. Bank branches do not generally levy processing / service charges for debiting the accounts of customers maintained with them.

Ans. The Reserve Bank, in order to ensure compliance of the provisions of the PSS Act, 2007 and the Regulations made thereunder, can depute an officer authorized by it to enter any premises where a payment system is being operated, inspect any equipment, including any computer system or document, and call upon any employee of the system provider or participant to provide any document or information as required by it (Section 14 of PSS Act, 2007).

A person resident in India is free to make any payment in Indian Rupees towards meeting expenses on account of boarding, lodging and services related thereto or travel to and from and within India of a person resident outside India who is on a visit to India.