ਪ੍ਰੈਸ ਰਿਲੀਜ਼ - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਜਨ 23, 2018
Cancellation of Banking Licence – The Bhopal Nagrik Sahakari Bank Ltd., Bhopal
The Reserve Bank of India (RBI) has, vide order dated January 17, 2018 cancelled the licence of The Bhopal Nagrik Sahakari Bank Ltd, Bhopal, Madhya Pradesh to carry on banking business, with effect from the close of business on January 22, 2018. The Registrar of Co-operative Societies, Madhya Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The bank d
The Reserve Bank of India (RBI) has, vide order dated January 17, 2018 cancelled the licence of The Bhopal Nagrik Sahakari Bank Ltd, Bhopal, Madhya Pradesh to carry on banking business, with effect from the close of business on January 22, 2018. The Registrar of Co-operative Societies, Madhya Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The bank d
ਜਨ 22, 2018
RBI imposes Monetary Penalty on M/s Ramky Finance and Investment (P) Limited
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹ 1 lakh on M/s Ramky Finance and Investment (P) Limited (the company) under clause (b) of sub-section (1) of section 58G, read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of India Act, 1934 (the RBI Act, 1934) for the failure to comply with the directions/orders issued by RBI from time to time. Background M/s Ramky Finance and Investment (P) Limited has changed its name to M/
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹ 1 lakh on M/s Ramky Finance and Investment (P) Limited (the company) under clause (b) of sub-section (1) of section 58G, read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of India Act, 1934 (the RBI Act, 1934) for the failure to comply with the directions/orders issued by RBI from time to time. Background M/s Ramky Finance and Investment (P) Limited has changed its name to M/
ਜਨ 20, 2018
RBI clarifies that official apprehended by CISF not an RBI employee
It has been reported in a section of the media that an RBI officer has been apprehended by CISF, stealing printed currency at the RBI printing facility at Dewas. It is clarified that the Bank Note Press (BNP), Dewas is a unit of Security Printing & Minting Corporation of India Ltd. which is not under the control of the Reserve Bank of India. Further, RBI does not have any official placed with BNP, Dewas. The reports, thus, are not based on facts. RBI regrets to no
It has been reported in a section of the media that an RBI officer has been apprehended by CISF, stealing printed currency at the RBI printing facility at Dewas. It is clarified that the Bank Note Press (BNP), Dewas is a unit of Security Printing & Minting Corporation of India Ltd. which is not under the control of the Reserve Bank of India. Further, RBI does not have any official placed with BNP, Dewas. The reports, thus, are not based on facts. RBI regrets to no
ਜਨ 17, 2018
RBI reiterates legal tender status of ₹ 10 coins of different designs
It has come to the notice of the Reserve Bank that in certain places there is reluctance on part of traders and members of public to accept ₹ 10 coins due to suspicion about their genuineness. It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time to time. As coins
It has come to the notice of the Reserve Bank that in certain places there is reluctance on part of traders and members of public to accept ₹ 10 coins due to suspicion about their genuineness. It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time to time. As coins
ਜਨ 16, 2018
Withdrawal of Directions - The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal
Reserve Bank had issued Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 to The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal vide Directive dated March 28, 2014. Directions imposed were extended and modified from time to time, last being up to January 06, 2018 vide Directive dated June 29, 2017. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in exercise of the powers vested
Reserve Bank had issued Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 to The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal vide Directive dated March 28, 2014. Directions imposed were extended and modified from time to time, last being up to January 06, 2018 vide Directive dated June 29, 2017. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in exercise of the powers vested
ਜਨ 10, 2018
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) – Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh)
The Reserve Bank of India has notified that in partial modification of its directive it has, vide directive dated July 03, 2017, relaxed the directions imposed on Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh). Now, a sum not exceeding ₹ 30,000/- (Rupees Thirty Thousand only) may be allowed to be withdrawn by a depositor, subject to the conditions specified in the modified directive. All other provisions of the earlier directive dated July 03, 2017 shall
The Reserve Bank of India has notified that in partial modification of its directive it has, vide directive dated July 03, 2017, relaxed the directions imposed on Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh). Now, a sum not exceeding ₹ 30,000/- (Rupees Thirty Thousand only) may be allowed to be withdrawn by a depositor, subject to the conditions specified in the modified directive. All other provisions of the earlier directive dated July 03, 2017 shall
ਜਨ 10, 2018
Press Release
RBI has come across reports in a section of media attributing a study on security aspects of Aadhaar by one Shri S. Ananth, an adjunct faculty of Institute for Development and Research in Banking Technology (IDRBT), to RBI researchers. It is clarified that neither the RBI nor its researchers were in any way connected with the study. Further, views expressed by the author are not those of the RBI. Jose J. Kattoor Chief General Manager Press Release: 2017-2018/1900
RBI has come across reports in a section of media attributing a study on security aspects of Aadhaar by one Shri S. Ananth, an adjunct faculty of Institute for Development and Research in Banking Technology (IDRBT), to RBI researchers. It is clarified that neither the RBI nor its researchers were in any way connected with the study. Further, views expressed by the author are not those of the RBI. Jose J. Kattoor Chief General Manager Press Release: 2017-2018/1900
ਜਨ 08, 2018
RBI extends Directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directive dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi , as modified from time to time, the validity of which was extended upto January 8, 2018, shall continue to apply to the bank for a further period of si
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directive dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi , as modified from time to time, the validity of which was extended upto January 8, 2018, shall continue to apply to the bank for a further period of si
ਜਨ 05, 2018
RBI Introduces ₹ 10 banknote in Mahatma Gandhi (New) Series
The Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Sun Temple, Konark on the reverse, depicting the country's cultural heritage. The base colour of the note is Chocolate Brown. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. All the
The Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Sun Temple, Konark on the reverse, depicting the country's cultural heritage. The base colour of the note is Chocolate Brown. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. All the
ਜਨ 04, 2018
Amanath Co-operative Bank Ltd., Bengaluru- Extension of All Inclusive Directions under Section 35A of the Banking Regulation Act, 1949(AACS)
It is hereby notified for information of public that the Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the directive dated April 1, 2013 read with subsequent directives, last being dated June 29, 2017 issued to the Amanath Cooperative Bank Ltd, Bengaluru for a further period of six months. Accordingly, the Reserve Bank of India, in exercise of powers vested in it under sub section (1) of Section 35
It is hereby notified for information of public that the Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the directive dated April 1, 2013 read with subsequent directives, last being dated June 29, 2017 issued to the Amanath Cooperative Bank Ltd, Bengaluru for a further period of six months. Accordingly, the Reserve Bank of India, in exercise of powers vested in it under sub section (1) of Section 35
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ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਅਗਸਤ 02, 2025
