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ସେପ୍ଟେମ୍ବର 23, 2016
Issue of ₹ 50 banknotes without inset letter, with numerals in ascending size in number panels, and without intaglio printing
The Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The design and security features of these banknotes will be similar to the banknotes of ₹ 50 denomination with the ascending font of numerals in both the number panels
The Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The design and security features of these banknotes will be similar to the banknotes of ₹ 50 denomination with the ascending font of numerals in both the number panels
ସେପ୍ଟେମ୍ବର 22, 2016
Sovereign Gold Bonds, 2016-17 Series II
The Reserve Bank of India, in consultation with Government of India, had notified the issuance of Sovereign Gold Bonds, 2016-17 Series II vide IDMD.CDD.No.462/14.04.050/2016-17 and IDMD.CDD.No.463/14.04.050/2016-17. The fifth tranche of Sovereign Gold Bonds was open for subscription from September 01, 2016 to September 09, 2016. The bonds were to be issued on September 23, 2016. Large number of applications have been received by banks and post offices. To enable smoot
The Reserve Bank of India, in consultation with Government of India, had notified the issuance of Sovereign Gold Bonds, 2016-17 Series II vide IDMD.CDD.No.462/14.04.050/2016-17 and IDMD.CDD.No.463/14.04.050/2016-17. The fifth tranche of Sovereign Gold Bonds was open for subscription from September 01, 2016 to September 09, 2016. The bonds were to be issued on September 23, 2016. Large number of applications have been received by banks and post offices. To enable smoot
ସେପ୍ଟେମ୍ବର 19, 2016
RBI imposes penalty on Nagarik Samabay Bank Ltd., Guwahati
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Nagarik Samabay Bank Ltd., Guwahati in exercise of the 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 Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Transactions r
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Nagarik Samabay Bank Ltd., Guwahati in exercise of the 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 Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Transactions r
ସେପ୍ଟେମ୍ବର 16, 2016
RBI imposes penalty on The Gauhati Co-operative Urban Bank Ltd., Guwahati
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Gauhati Co-operative Urban Bank Ltd., Guwahati in exercise of the 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 Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Tra
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Gauhati Co-operative Urban Bank Ltd., Guwahati in exercise of the 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 Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Tra
ସେପ୍ଟେମ୍ବର 16, 2016
RBI cancels Certificate of Registration of 2 NBFCs
The Reserve Bank of India (RBI) has 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. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Chandel Hire Purchase Pvt. Ltd. Hameer Singh Nagar, Unnav Road, Datia (Madhya Pradesh) - 475335 B.06.00435 January 19, 2001 August 05, 2016
The Reserve Bank of India (RBI) has 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. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Chandel Hire Purchase Pvt. Ltd. Hameer Singh Nagar, Unnav Road, Datia (Madhya Pradesh) - 475335 B.06.00435 January 19, 2001 August 05, 2016
ସେପ୍ଟେମ୍ବର 16, 2016
3 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Shringarika Finance & Leasing Private Limited C-8, East of Kailash, New D
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Shringarika Finance & Leasing Private Limited C-8, East of Kailash, New D
ସେପ୍ଟେମ୍ବର 11, 2016
RBI issues Directions to Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra
The Reserve Bank of India notified that Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was further extended for a period of six months vide order dated March 04, 2015; for a period of three months vide order No dated September 1, 2015; for a p
The Reserve Bank of India notified that Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was further extended for a period of six months vide order dated March 04, 2015; for a period of three months vide order No dated September 1, 2015; for a p
ସେପ୍ଟେମ୍ବର 09, 2016
RBI issues Directions to Nashik Zilla Girna Sahakari Bank Ltd., Nashik, Maharashtra
The Reserve Bank of India notified that Nashik Zilla Girna Sahakari Bank Ltd., Nashik, Maharashtra, was placed under directions for a period of six months vide directive dated September 8, 2015 from the close of business on September 9, 2015. The validity of the directions was extended vide directive dated March 03, 2016 for a period of six months. It is hereby notified for the information of the public that the period of operation of the directive dated September 8,
The Reserve Bank of India notified that Nashik Zilla Girna Sahakari Bank Ltd., Nashik, Maharashtra, was placed under directions for a period of six months vide directive dated September 8, 2015 from the close of business on September 9, 2015. The validity of the directions was extended vide directive dated March 03, 2016 for a period of six months. It is hereby notified for the information of the public that the period of operation of the directive dated September 8,
ସେପ୍ଟେମ୍ବର 07, 2016
RBI extends validity of the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from September 12, 2016 to March 11, 2017, subject to review. The bank has been under directions since June 12, 2014 vide directive dated June 4, 2014 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive has been modified / its validity extended vide RBI
The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from September 12, 2016 to March 11, 2017, subject to review. The bank has been under directions since June 12, 2014 vide directive dated June 4, 2014 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive has been modified / its validity extended vide RBI
ସେପ୍ଟେମ୍ବର 06, 2016
RBI extend Directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi till March 08, 2017
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) and (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directives dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified on February 25, 2016, the validity of which was last extended up to September 08, 2016, shall continue to apply to the bank for a further period of six
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) and (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directives dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified on February 25, 2016, the validity of which was last extended up to September 08, 2016, shall continue to apply to the bank for a further period of six

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