ਪ੍ਰੈਸ ਰਿਲੀਜ਼ - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਜੁਲਾ 31, 2017
DG Portfolios
Effective 31st July 2017, the distribution of portfolios amongst the Deputy Governors will be the following: Name Departments Shri N.S.Vishwanathan 1. Co-ordination 2. Department of Banking Regulation (DBR) 3. Department of Communication (DoC) 4. Department of Co-operative Banking Regulation (DCBR) 5. Department of Non-Banking Regulation (DNBR) 6. Department of Banking Supervision (DBS) 7. Department of Co-operative Banking Supervision (DCBS) 8. Department of Non-Bank
Effective 31st July 2017, the distribution of portfolios amongst the Deputy Governors will be the following: Name Departments Shri N.S.Vishwanathan 1. Co-ordination 2. Department of Banking Regulation (DBR) 3. Department of Communication (DoC) 4. Department of Co-operative Banking Regulation (DCBR) 5. Department of Non-Banking Regulation (DNBR) 6. Department of Banking Supervision (DBS) 7. Department of Co-operative Banking Supervision (DCBS) 8. Department of Non-Bank
ਜੁਲਾ 31, 2017
Reserve Bank of India imposes monetary penalty on Union Bank of India
The Reserve Bank of India (RBI) has imposed, on July 26, 2017, a monetary penalty of ₹ 10 million on Union Bank of India for non-compliance with the directions issued by RBI on Know Your Customer (KYC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to certain directions issued by RBI. This
The Reserve Bank of India (RBI) has imposed, on July 26, 2017, a monetary penalty of ₹ 10 million on Union Bank of India for non-compliance with the directions issued by RBI on Know Your Customer (KYC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to certain directions issued by RBI. This
ਜੁਲਾ 31, 2017
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) – The CKP Co-operative Bank Ltd, Mumbai, Maharashtra
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive UBD.CO.BSD-I. No.D-34/12.22.035/2013-14 dated April 30, 2014, from close of business on May 2, 2014. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DCBR.CO.AID.No.D-27/12.22.035/2016-17 dated January 27, 2017 and was valid upto July 31, 2017 subject to review. 2. It is hereby notified for the information of
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive UBD.CO.BSD-I. No.D-34/12.22.035/2013-14 dated April 30, 2014, from close of business on May 2, 2014. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DCBR.CO.AID.No.D-27/12.22.035/2016-17 dated January 27, 2017 and was valid upto July 31, 2017 subject to review. 2. It is hereby notified for the information of
ਜੁਲਾ 28, 2017
Banks to keep their branches in rural and semi-urban areas open on Sunday (July 30, 2017) in the State of Maharashtra
In order to facilitate collection of insurance premiums on crops from farmers, all the banks, including Regional Rural Banks and Co-operative Banks are advised to keep their branches in rural and semi-urban areas open on Sunday i.e July 30, 2017. If any bank branch observes Monday as weekly off, that bank branch shall stay open on Monday, July 31, 2017, as it is the last date for payment of crop insurance premium. Ajit Prasad Assistant Adviser Press Release : 2017-201
In order to facilitate collection of insurance premiums on crops from farmers, all the banks, including Regional Rural Banks and Co-operative Banks are advised to keep their branches in rural and semi-urban areas open on Sunday i.e July 30, 2017. If any bank branch observes Monday as weekly off, that bank branch shall stay open on Monday, July 31, 2017, as it is the last date for payment of crop insurance premium. Ajit Prasad Assistant Adviser Press Release : 2017-201
ਜੁਲਾ 28, 2017
RBI extends Directions issued to the Hardoi Urban Co-operative Bank Ltd., Hardoi, Uttar Pradesh till September 29, 2017
The Reserve Bank of India has extended Directions issued to the Hardoi Urban Co-operative Bank Ltd., Hardoi for a further period of two months from July 30, 2017 to September 29, 2017, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since July 29, 2016. The same has further been extended upto September 29, 2017 vide directive dated July 24, 2017. A copy of the directive dated July 24, 2017 is di
The Reserve Bank of India has extended Directions issued to the Hardoi Urban Co-operative Bank Ltd., Hardoi for a further period of two months from July 30, 2017 to September 29, 2017, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since July 29, 2016. The same has further been extended upto September 29, 2017 vide directive dated July 24, 2017. A copy of the directive dated July 24, 2017 is di
ਜੁਲਾ 28, 2017
RBI extends Directions issued to the Mahamedha Urban Co-operative Bank Ltd., Ghaziabad, Uttar Pradesh till August 29, 2017
The Reserve Bank of India has extended Directions issued to the Mahamedha Urban Co-operative Bank Ltd., Ghaziabad, Uttar Pradesh for a further period of one month from July 30, 2017 to August 29, 2017, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since July 29, 2016. The same has further been extended upto August 29, 2017 vide directive dated July 26, 2017. A copy of the directive dated July
The Reserve Bank of India has extended Directions issued to the Mahamedha Urban Co-operative Bank Ltd., Ghaziabad, Uttar Pradesh for a further period of one month from July 30, 2017 to August 29, 2017, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since July 29, 2016. The same has further been extended upto August 29, 2017 vide directive dated July 26, 2017. A copy of the directive dated July
ਜੁਲਾ 19, 2017
Issue of ₹ 20/- banknotes in Mahatma Gandhi series-2005 with the inset letter 'S’ in the number panels, and signature of Dr. Urjit R. Patel, Governor
The Reserve Bank of India will shortly issue ₹ 20/- denomination banknotes in the Mahatma Gandhi Series, with the inset letter 'S' in both the number panels. The design of these banknotes to be issued now is similar in all respects to the ₹ 20/- banknotes in the same series issued earlier (For details- refer Press Release No. 2016-2017/678 dated September 15, 2016). All the banknotes in the denomination of ₹ 20/- issued by the Bank in the past will continue to be lega
The Reserve Bank of India will shortly issue ₹ 20/- denomination banknotes in the Mahatma Gandhi Series, with the inset letter 'S' in both the number panels. The design of these banknotes to be issued now is similar in all respects to the ₹ 20/- banknotes in the same series issued earlier (For details- refer Press Release No. 2016-2017/678 dated September 15, 2016). All the banknotes in the denomination of ₹ 20/- issued by the Bank in the past will continue to be lega
ਜੁਲਾ 18, 2017
RBI cancels Certificate of Registration of 8 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following eight 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 Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Sehajpal Estates & Finance Pvt. Ltd. Nawanshahar Main Road, VPO – Aur Doaba – 144417 (Punjab) B-06.00300 June 28, 2000
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following eight 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 Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Sehajpal Estates & Finance Pvt. Ltd. Nawanshahar Main Road, VPO – Aur Doaba – 144417 (Punjab) B-06.00300 June 28, 2000
ਜੁਲਾ 18, 2017
10 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 Galaxy Granites (India) Pvt. Ltd. (Presently Guiness Commodities Private Limit
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 Galaxy Granites (India) Pvt. Ltd. (Presently Guiness Commodities Private Limit
ਜੁਲਾ 14, 2017
Shri Subhash Chandra Garg nominated on RBI Central Board
The Central Government has nominated Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs, Ministry of Finance, New Delhi as a Director on the Central Board of Directors of Reserve Bank of India vice Shri Shaktikanta Das. The nomination of Shri Subhash Chandra Garg is effective from July 12, 2017 and until further orders. Jose J. Kattoor Chief General Manager Press Release : 2017-2018/134
The Central Government has nominated Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs, Ministry of Finance, New Delhi as a Director on the Central Board of Directors of Reserve Bank of India vice Shri Shaktikanta Das. The nomination of Shri Subhash Chandra Garg is effective from July 12, 2017 and until further orders. Jose J. Kattoor Chief General Manager Press Release : 2017-2018/134
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