The various quantity conditions available are as under:

1. Normal: By default the amount type will be Normal. A Normal order can get partly traded.
2. Disclosed: Disclosed Amount is the part of order amount (In Rs. Crore) which the User is willing to disclose to the market. This is an optional field.
3. All or None (AON): By selecting this option, a User specifies that all of the order should be traded in full i.e. no partial trades, should be allowed. This is an optional field.

The various time conditions available are as under:

4. Day: Under this time condition, order would remain valid throughout the validity of the trading session. It will be available for trade till session close. By default Time Condition - Day is selected.
5. IOC (Immediate or Cancel): If a User wishes his order to be traded immediately, then he could select IOC. Under this condition, when an IOC order is placed, the order would seek for an immediate match, if found it results into a trade; else the IOC order would get cancelled.
6. GTT (Good Till Time): Here while placing an order, the User could mention the time up to which the order would be valid and available for trade. Once the User specified order expiry time has been reached the order would get cancelled.

Ans: The FAQs on “Legal Entity Identifier (LEI) for Large Value Transactions in Centralised Payment Systems” on the RBI website at /en/web/rbi/faq-page-2?ddm__keyword__26256231__FaqDetailPage2Title_en_US=Legal Entity Identifier (LEI) for Large Value Transactions in Centralised Payment Systems can be referred to.

Ans. The salient features of Gift PPIs are as follows:

1. Maximum value of each such prepaid gift instrument shall not exceed ₹10,000/-;

2. Are not reloadable;

3. Cash-out or fund transfer is not permitted. However, the funds may be transferred ‘back to source account’ (account from where Gift PPI was loaded) after receiving consent of the PPI holder;

4. Shall be revalidated (including through issuance of new instrument) as and when requested by the PPI holder; and

5. The Additional Factor of Authentication (AFA) / Two Factor Authentication (2FA) for transactions using Gift PPIs is not mandatory.

Response

BSBDA does not envisage cheque book facility in the minimum facilities that it should provide to BSBDA customers. They are free to extend any additional facility including cheque book facility free of charge (in which case the account remains BSBDA) or charge for the additional facilities (in which case the account is not BSBDA).

• The application form can be downloaded from the RBI’s website. However, banks shall also get forms printed and made available to the investors.

At the time of making applications, the Promoters/Promoter Group will have to furnish a road map and methodologies they would adopt to comply with all the requirements of the corporate structure indicated in para 2 (C)(ii) and (iii) of the guidelines and realign the business between the entities to be held under the NOFHC [para 2(C)(iv) of the guidelines] within a period of 18 months. After the ‘in-principle approval’ is accorded by RBI for setting up of the bank, the actual setting up of NOFHC and the bank, re-organization of the Promoter Group entities to bring the regulated financial services entities under the NOFHC as well as realignment of business among the entities under the NOFHC have to be completed within a period of 18 months from the date of in-principle approval or before commencement of banking business, whichever is earlier.

Ans. A resident individual is permitted to make a rupee loan to a NRI/PIO who is a close relative of the resident individual (‘relative’ as defined in Section 2(77) of the Companies Act, 2013) by way of crossed cheque/ electronic transfer subject to the following conditions:

(i) The loan is free of interest and the minimum maturity of the loan is one year.

(ii) The loan amount should be within the overall LRS limit of USD 2,50,000, per financial year, available to the resident individual. It would be the responsibility of the lender to ensure that the amount of loan is within the LRS limit of USD 2,50,000 during the financial year.

(iii) The loan shall be utilised for meeting the borrower's personal requirements or for his own business purposes in India.

(iv) The loan shall not be utilised, either singly or in association with other person, for any of the activities in which investment by persons resident outside India is prohibited, namely;

1. the business of chit fund, or

2. Nidhi Company, or

3. agricultural or plantation activities or in real estate business, or construction of farmhouses, or

4. trading in Transferable Development Rights (TDRs).

Explanation: For the purpose of item (c) above, real estate business shall not include development of townships, construction of residential / commercial premises, roads or bridges.

(v) The loan amount should be credited to the NRO a/c of the NRI /PIO. Credit of such loan amount may be treated as an eligible credit to NRO a/c.

(vi) The loan amount shall not be remitted outside India.

(vii) Repayment of loan shall be made by way of inward remittances through normal banking channels or by debit to the Non-resident Ordinary (NRO)/ Non-resident External (NRE) / Foreign Currency Non-resident (FCNR) account of the borrower or out of the sale proceeds of the shares or securities or immovable property against which such loan was granted.

When a Government security is lost, stolen, destroyed, mutilated or defaced, then the investor(s) may apply to RBI for issue of a duplicate GPN or SC in terms of Regulations 11 and 13, respectively, of GS Regulations.

In case of premature redemption, investors can approach the concerned bank/SHCIL offices/Post Office/agent thirty days before the coupon payment date. Request for premature redemption can only be entertained if the investor approaches the concerned bank/post office at least one day before the coupon payment date. The proceeds will be credited to the customer’s bank account provided at the time of applying for the bond.

Ans: The entity receives a system-generated acknowledgement mail of ITES data submitted at the time of final processing itself. No separate mail will be sent in this regard.

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.