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డిసెం 29, 2016
నాశిక్ జిల్లా గిర్నా సహకారి బ్యాంకు లిమిటెడ్, నాశిక్, మహారాష్ట్రకు,
రిజర్వ్ బ్యాంక్‌ ఆదేశాల జారీ
డిసెంబర్ 29, 2016 నాశిక్ జిల్లా గిర్నా సహకారి బ్యాంకు లిమిటెడ్, నాశిక్, మహారాష్ట్రకు, రిజర్వ్ బ్యాంక్‌ ఆదేశాల జారీ సెప్టెంబర్ 8, 2015 తేదీన జారీ చేసిన నిర్దేశాల ద్వారా, నాశిక్ జిల్లా గిర్నా సహకారి బ్యాంక్ లిమిటెడ్, నాశిక్, మహారాష్ట్రపై, సెప్టెంబర్ 9, 2015 పనివేళల ముగింపునుండి ఆరు నెలల పాటు ఆంక్షలు విధించడం జరిగింది. ఈ కాలపరిమితి, మార్చ్ 03, 2016 మరియు ఆగస్ట్ 25, 2016 న జారీ చేసిన నిర్దేశాల ద్వారా ఆరునెలలు పొడిగించబడింది. మాచే, సెప్టెంబర్ 08, 2015, మార్చ్ 03, 2016 మర
డిసెంబర్ 29, 2016 నాశిక్ జిల్లా గిర్నా సహకారి బ్యాంకు లిమిటెడ్, నాశిక్, మహారాష్ట్రకు, రిజర్వ్ బ్యాంక్‌ ఆదేశాల జారీ సెప్టెంబర్ 8, 2015 తేదీన జారీ చేసిన నిర్దేశాల ద్వారా, నాశిక్ జిల్లా గిర్నా సహకారి బ్యాంక్ లిమిటెడ్, నాశిక్, మహారాష్ట్రపై, సెప్టెంబర్ 9, 2015 పనివేళల ముగింపునుండి ఆరు నెలల పాటు ఆంక్షలు విధించడం జరిగింది. ఈ కాలపరిమితి, మార్చ్ 03, 2016 మరియు ఆగస్ట్ 25, 2016 న జారీ చేసిన నిర్దేశాల ద్వారా ఆరునెలలు పొడిగించబడింది. మాచే, సెప్టెంబర్ 08, 2015, మార్చ్ 03, 2016 మర
డిసెం 28, 2016
రిజర్వ్ బ్యాంక్ డిప్యూటీ గవర్నర్ గా డా. విరల్ వి. ఆచార్య నియామకం
డిసెంబర్ 28, 2016 రిజర్వ్ బ్యాంక్ డిప్యూటీ గవర్నర్ గా డా. విరల్ వి. ఆచార్య నియామకం కేంద్ర ప్రభుత్వం తమ నోటిఫికేషన్‌ F.No. 7/1/2012/-BO-I (Pt), తేది డిసెంబర్ 28, 2016 ద్వారా, ఆర్థిక విభాగం, న్యూయార్క్ విశ్వ విద్యాలయం - స్టెమ్‌ స్కూల్ ఆఫ్ బిజినెస్‌లో ప్రస్తుతం ఆర్థిక శాస్త్రంలో, సి. వి. స్టార్ ప్రొఫెసర్‌గా, (C.V. Starr Professor of Economics, Department of Finance, New York University – Stem School of Business) (రెజ్యూమే జతచేయబడింది) ఉన్న డా. విరల్ వి. ఆచార్యను, వారు ప
డిసెంబర్ 28, 2016 రిజర్వ్ బ్యాంక్ డిప్యూటీ గవర్నర్ గా డా. విరల్ వి. ఆచార్య నియామకం కేంద్ర ప్రభుత్వం తమ నోటిఫికేషన్‌ F.No. 7/1/2012/-BO-I (Pt), తేది డిసెంబర్ 28, 2016 ద్వారా, ఆర్థిక విభాగం, న్యూయార్క్ విశ్వ విద్యాలయం - స్టెమ్‌ స్కూల్ ఆఫ్ బిజినెస్‌లో ప్రస్తుతం ఆర్థిక శాస్త్రంలో, సి. వి. స్టార్ ప్రొఫెసర్‌గా, (C.V. Starr Professor of Economics, Department of Finance, New York University – Stem School of Business) (రెజ్యూమే జతచేయబడింది) ఉన్న డా. విరల్ వి. ఆచార్యను, వారు ప
డిసెం 23, 2016
రిజర్వ్ బ్యాంక్‌చే ద్రవ్యోల్బణం ముందస్తు అంచనాలకై
డిసెంబర్ 2016 విడత కుటుంబ సమూహాలలో సర్వే ప్రారంభం
డిసెంబర్ 26, 2016 రిజర్వ్ బ్యాంక్‌చే ద్రవ్యోల్బణం ముందస్తు అంచనాలకై డిసెంబర్ 2016 విడత కుటుంబ సమూహాలలో సర్వే ప్రారంభం రిజర్వ్ బ్యాంక్, నియమానుసారంగా ద్రవ్యోల్బణంపై ముందస్తు అంచనాల సర్వే నిర్వహిస్తుంది. డిసెంబర్ 2016 సర్వే, ప్రస్తుతం 18 నగరాల్లో మొదలుకాబోతోంది - అహమ్మదాబాద్, బెంగళూరు, భోపాల్, భుబనేశ్వర్, చండీగఢ్, చెన్నై, దిల్లీ, గువహాతి, హైదరాబాద్, జైపూర్, కోల్కతా, లక్నో, ముంబయి, నాగ్‌పూర్, పట్నా, రాయ్‌పూర్, రాంచి మరియు తిరువనంతపురం. వచ్చే మూడునెలల్లో/ సంవత్సరంలో ధరలల
డిసెంబర్ 26, 2016 రిజర్వ్ బ్యాంక్‌చే ద్రవ్యోల్బణం ముందస్తు అంచనాలకై డిసెంబర్ 2016 విడత కుటుంబ సమూహాలలో సర్వే ప్రారంభం రిజర్వ్ బ్యాంక్, నియమానుసారంగా ద్రవ్యోల్బణంపై ముందస్తు అంచనాల సర్వే నిర్వహిస్తుంది. డిసెంబర్ 2016 సర్వే, ప్రస్తుతం 18 నగరాల్లో మొదలుకాబోతోంది - అహమ్మదాబాద్, బెంగళూరు, భోపాల్, భుబనేశ్వర్, చండీగఢ్, చెన్నై, దిల్లీ, గువహాతి, హైదరాబాద్, జైపూర్, కోల్కతా, లక్నో, ముంబయి, నాగ్‌పూర్, పట్నా, రాయ్‌పూర్, రాంచి మరియు తిరువనంతపురం. వచ్చే మూడునెలల్లో/ సంవత్సరంలో ధరలల
డిసెం 23, 2016
Issue of ₹ 5 coins to commemorate the occasion of "University of Mysore Centenary Celebrations”
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. The design details of these coins as notified in The Gazette of India-Extraordinary-Part II-Section 3-Sub-section (i)-No.591 dated August 24, 2016 published by the Ministry of Finance, Department of Economic Affairs, are as follows - Obverse - The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "सत्
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. The design details of these coins as notified in The Gazette of India-Extraordinary-Part II-Section 3-Sub-section (i)-No.591 dated August 24, 2016 published by the Ministry of Finance, Department of Economic Affairs, are as follows - Obverse - The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "सत्
డిసెం 23, 2016
రిజర్వ్ బ్యాంక్‌చే డెహ్రాడున్‌లో బ్యాంకింగ్
ఆంబుడ్జ్‌మన్‌ కార్యాలయం ప్రారంభం
డిసెంబర్ 23, 2016 రిజర్వ్ బ్యాంక్‌చే డెహ్రాడున్‌లో బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం ప్రారంభం ఇటీవలి కాలంలో గణనీయంగా బ్యాంకింగ్ కార్యకలాపాలు పెరుగుట, ప్రస్తుత కాన్పూర్ బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ పరిధి అతిగా విస్తరించుట దృష్ట్యా, రిజర్వ్ బ్యాంక్, డెహ్రాడున్‌లో బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం నెలకొల్పింది. పూర్తి ఉత్తరాఖండ్ రాష్ట్రం, ప్రస్తుతం బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం, కాన్పూర్ పరిధిలో ఉన్న పశ్చిమ ఉత్తరప్రదేశ్‌లోని ఏడు జిల్లాలు, అనగా సహరాన్‌పూర్, షామ్లి (
డిసెంబర్ 23, 2016 రిజర్వ్ బ్యాంక్‌చే డెహ్రాడున్‌లో బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం ప్రారంభం ఇటీవలి కాలంలో గణనీయంగా బ్యాంకింగ్ కార్యకలాపాలు పెరుగుట, ప్రస్తుత కాన్పూర్ బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ పరిధి అతిగా విస్తరించుట దృష్ట్యా, రిజర్వ్ బ్యాంక్, డెహ్రాడున్‌లో బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం నెలకొల్పింది. పూర్తి ఉత్తరాఖండ్ రాష్ట్రం, ప్రస్తుతం బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం, కాన్పూర్ పరిధిలో ఉన్న పశ్చిమ ఉత్తరప్రదేశ్‌లోని ఏడు జిల్లాలు, అనగా సహరాన్‌పూర్, షామ్లి (
డిసెం 23, 2016
రిజర్వ్ బ్యాంక్‌చే రాంచిలో బ్యాంకింగ్
ఆంబుడ్జ్‌మన్‌ కార్యాలయం ప్రారంభం
డిసెంబర్ 23, 2016 రిజర్వ్ బ్యాంక్‌చే రాంచిలో బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం ప్రారంభం ఇటీవలి కాలంలో గణనీయంగా బ్యాంకింగ్ కార్యకలాపాలు పెరుగుట, ప్రస్తుతపు పాట్నా బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ పరిధి అతిగా విస్తరించుట దృష్ట్యా, రిజర్వ్ బ్యాంక్, ఝార్ఖండ్ రాష్ట్రానికై, రిజర్వ్ బ్యాంక్, రాంచిలో బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం నెలకొల్పింది. ఇంతవరకు బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం, పాట్నా, పరిధిలో ఉన్న పూర్తి ఝార్ఖండ్ రాష్ట్రం, ఇకపై రిజర్వ్ బ్యాంక్‌లోని బ్యాంకింగ్ ఆంబుడ్
డిసెంబర్ 23, 2016 రిజర్వ్ బ్యాంక్‌చే రాంచిలో బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం ప్రారంభం ఇటీవలి కాలంలో గణనీయంగా బ్యాంకింగ్ కార్యకలాపాలు పెరుగుట, ప్రస్తుతపు పాట్నా బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ పరిధి అతిగా విస్తరించుట దృష్ట్యా, రిజర్వ్ బ్యాంక్, ఝార్ఖండ్ రాష్ట్రానికై, రిజర్వ్ బ్యాంక్, రాంచిలో బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం నెలకొల్పింది. ఇంతవరకు బ్యాంకింగ్ ఆంబుడ్జ్‌మన్‌ కార్యాలయం, పాట్నా, పరిధిలో ఉన్న పూర్తి ఝార్ఖండ్ రాష్ట్రం, ఇకపై రిజర్వ్ బ్యాంక్‌లోని బ్యాంకింగ్ ఆంబుడ్
డిసెం 22, 2016
RBI's DEA Fund Committee approves Five More Entities for Depositors’ Awareness Programmes
The Reserve Bank of India today released the names of five additional entities that have been approved by the Depositor Education and Awareness (DEA) Fund Committee for registration. The names of the approved five entities are: Sl No. Name of the Applicant 1. Global Alliance for Sustainable Development 2. CRISIL Foundation 3. Upbhokta Margdarshan Samiti (UMAS), Jodhpur 4. The Institute of Company Secretaries of India 5. Mother Swayam Seva Grameen Abhivruddhi(R) Samsth
The Reserve Bank of India today released the names of five additional entities that have been approved by the Depositor Education and Awareness (DEA) Fund Committee for registration. The names of the approved five entities are: Sl No. Name of the Applicant 1. Global Alliance for Sustainable Development 2. CRISIL Foundation 3. Upbhokta Margdarshan Samiti (UMAS), Jodhpur 4. The Institute of Company Secretaries of India 5. Mother Swayam Seva Grameen Abhivruddhi(R) Samsth
డిసెం 21, 2016
Minutes of the Monetary Policy Committee Meeting December 6-7, 2016
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The second meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the amended Reserve Bank of India Act, 1934, was held on December 6 and 7, 2016 at the Reserve Bank of India, Mumbai. 2. The meeting was attended by all the members - Dr. Chetan Ghate, Professor, Indian Statistical Institute; Dr. Pami Dua, Director, Delhi School of Economics; and Dr. Ravindra H. Dholakia, Professor, I
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The second meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the amended Reserve Bank of India Act, 1934, was held on December 6 and 7, 2016 at the Reserve Bank of India, Mumbai. 2. The meeting was attended by all the members - Dr. Chetan Ghate, Professor, Indian Statistical Institute; Dr. Pami Dua, Director, Delhi School of Economics; and Dr. Ravindra H. Dholakia, Professor, I
డిసెం 21, 2016
Distribution of Banknotes during November 10 to December 19, 2016
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for supply of adequate quantity of banknotes in various denominations to the public through the banks. Over the period from November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth ₹ 5,92,613 crore have been issued to public either over the counter
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for supply of adequate quantity of banknotes in various denominations to the public through the banks. Over the period from November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth ₹ 5,92,613 crore have been issued to public either over the counter
డిసెం 21, 2016
RBI signs Memorandum of Understanding(MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Banking Regulation and Supervision Agency, Turkey
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Banking Regulation and Supervision Agency of Republic of Turkey. The MoU was signed by Mr Mehmet İrfan Kurt, Vice Chairman on behalf of Banking Regulation and Supervision Agency and Mrs Meena Hemchandra, Executive Director on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with Banking Regulation and Supervision Agency of Republic of Turkey. The MoU was signed by Mr Mehmet İrfan Kurt, Vice Chairman on behalf of Banking Regulation and Supervision Agency and Mrs Meena Hemchandra, Executive Director on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter
డిసెం 21, 2016
RBI Imposes Monetary Penalty on Five Authorised Dealer Banks
The Reserve Bank of India has imposed monetary penalty on the following five banks for violation of Reserve Bank of India’s instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA). The details of the penalty amounts are: S. No. Name of the bank Penalty Amount (in ₹) 1. Bank of America 10,000 2. Bank of Tokyo Mitsubishi 10,000 3. Deutsche Bank 20,000 4. The Royal Bank of Scotland 10,000 5. Standard Chartered Bank 10,000 The penalties
The Reserve Bank of India has imposed monetary penalty on the following five banks for violation of Reserve Bank of India’s instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA). The details of the penalty amounts are: S. No. Name of the bank Penalty Amount (in ₹) 1. Bank of America 10,000 2. Bank of Tokyo Mitsubishi 10,000 3. Deutsche Bank 20,000 4. The Royal Bank of Scotland 10,000 5. Standard Chartered Bank 10,000 The penalties
డిసెం 19, 2016
Banks should accept Pre-2005 Banknotes in Deposit: RBI clarifies
The Reserve Bank of India has clarified that bank should accept deposits of pre-2005 banknotes in the denominations of ₹ 500 and ₹ 1000 but not reissue these. These notes can be exchanged at the Reserve Bank Offices only. In terms of Gazette Notification No. 2652 dated November 08, 2016 issued by the Government of India, ₹ 500 and ₹ 1000 denomination banknotes (Specified Bank Notes) of the existing series issued by the Reserve Bank ceased to be legal tender with effec
The Reserve Bank of India has clarified that bank should accept deposits of pre-2005 banknotes in the denominations of ₹ 500 and ₹ 1000 but not reissue these. These notes can be exchanged at the Reserve Bank Offices only. In terms of Gazette Notification No. 2652 dated November 08, 2016 issued by the Government of India, ₹ 500 and ₹ 1000 denomination banknotes (Specified Bank Notes) of the existing series issued by the Reserve Bank ceased to be legal tender with effec
డిసెం 19, 2016
RBI to issue of ₹ 50 Banknotes with inset letter ‘R’, 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, with inset letter ‘R’ in both the number panels, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. These banknotes have the ascending size of numerals in the number panels; the banknotes are similar to the banknotes of ₹ 50 issued earlier in Mahatma Gandhi Series-2005
The Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘R’ in both the number panels, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. These banknotes have the ascending size of numerals in the number panels; the banknotes are similar to the banknotes of ₹ 50 issued earlier in Mahatma Gandhi Series-2005
డిసెం 19, 2016
Issue of ₹ 500 banknotes with the inset letter ‘R’
In continuation of issuing of ₹ 500 denomination banknotes in Mahatma Gandhi (new) series which are currently legal tender, a new batch of banknotes with inset letter “R” in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India, with the year of printing '2016’ are being issued The design of these notes is similar in all respects to the ₹ 500 banknotes in Mahatma Gandhi (New) Series which was notified through Press Release
In continuation of issuing of ₹ 500 denomination banknotes in Mahatma Gandhi (new) series which are currently legal tender, a new batch of banknotes with inset letter “R” in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India, with the year of printing '2016’ are being issued The design of these notes is similar in all respects to the ₹ 500 banknotes in Mahatma Gandhi (New) Series which was notified through Press Release
డిసెం 19, 2016
RBI to issue of ₹ 50 Banknotes with inset letter ‘L’, 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, with inset letter ‘L’ in both the number panels, bearing signature of Dr. Urjit R.Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. These banknotes have the ascending size of numerals in the number panels; the banknotes are similar to ₹ 50 banknotes issued earlier in Mahatma Gandhi Series-2005 through
The Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘L’ in both the number panels, bearing signature of Dr. Urjit R.Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. These banknotes have the ascending size of numerals in the number panels; the banknotes are similar to ₹ 50 banknotes issued earlier in Mahatma Gandhi Series-2005 through
డిసెం 19, 2016
RBI cancels Certificate of Registration of 4 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following four 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. Company's Name Address of Registered Office Certificate of Registration No. Issued On Cancellation Order Date 1 M/s Lakshmi Exim Private Ltd 15th Floor, Infinity Benchmark Plot No. G1, Block EP & GP, Sector-V, Bidh
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following four 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. Company's Name Address of Registered Office Certificate of Registration No. Issued On Cancellation Order Date 1 M/s Lakshmi Exim Private Ltd 15th Floor, Infinity Benchmark Plot No. G1, Block EP & GP, Sector-V, Bidh
డిసెం 19, 2016
8 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 in exercise of the 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 Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Rama Vyapaar Private Limited 5, Dr. Rajendra Prasad Sarani (
The following NBFCs have surrendered the certificate of registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in in exercise of the 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 Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Rama Vyapaar Private Limited 5, Dr. Rajendra Prasad Sarani (
డిసెం 16, 2016
Issue of ₹ 500 banknotes in Mahatma Gandhi (New) Series with the inset letter ‘E’ having ‘star’ mark in the number panel
The Reserve Bank of India will shortly issue ₹ 500 denomination banknotes in Mahatma Gandhi(New) series with the inset letter ‘E’ in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India, the year of printing '2016’ and Swachh Bharat Logo printed on the reverse of the Banknote. Some of the captioned banknotes will have an additional character ‘*’ (star) in the number panel in the space between the prefix and the number. Pa
The Reserve Bank of India will shortly issue ₹ 500 denomination banknotes in Mahatma Gandhi(New) series with the inset letter ‘E’ in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India, the year of printing '2016’ and Swachh Bharat Logo printed on the reverse of the Banknote. Some of the captioned banknotes will have an additional character ‘*’ (star) in the number panel in the space between the prefix and the number. Pa
డిసెం 16, 2016
RBI issues Directions to Navodaya Urban Cooperative Bank, Nagpur, District Nagpur, Maharashtra
The Reserve Bank of India has issued Directions to Navodaya Urban Cooperative Bank Ltd., Nagpur, District Nagpur, Maharashtra for a period of six months with effect from close of business as on December 15, 2016. According to the Directions, Navodaya Urban Cooperative Bank Ltd., Nagpur shall not, without prior approval in writing from the Reserve Bank of India, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds
The Reserve Bank of India has issued Directions to Navodaya Urban Cooperative Bank Ltd., Nagpur, District Nagpur, Maharashtra for a period of six months with effect from close of business as on December 15, 2016. According to the Directions, Navodaya Urban Cooperative Bank Ltd., Nagpur shall not, without prior approval in writing from the Reserve Bank of India, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds
డిసెం 16, 2016
Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016
Government of India, in consultation with the Reserve Bank of India, has notified Pradhan Mantri Garib Kalyan Deposit Scheme, 2016. The deposit under this Scheme shall be made by any person who declared undisclosed income under Pradhan Mantri Garib Kalyan Yojana, 2016. The deposit sum, which shall not be less than twenty-five per cent of the declared undisclosed income, can be deposited at the authorized banks (as notified by Government of India) from December 17, 201
Government of India, in consultation with the Reserve Bank of India, has notified Pradhan Mantri Garib Kalyan Deposit Scheme, 2016. The deposit under this Scheme shall be made by any person who declared undisclosed income under Pradhan Mantri Garib Kalyan Yojana, 2016. The deposit sum, which shall not be less than twenty-five per cent of the declared undisclosed income, can be deposited at the authorized banks (as notified by Government of India) from December 17, 201
డిసెం 15, 2016
The 562nd meeting of the Central Board
The 562nd meeting of the Central Board of Reserve Bank of India was held on Thursday, December 15, 2016 at Kolkata. Dr. Urjit R. Patel, Governor, Reserve Bank of India, chaired the meeting. Besides Deputy Governors Shri R. Gandhi, Shri S.S. Mundra and Shri N.S.Vishwanathan of the Reserve Bank of India, the other Directors of the Central Board of the Reserve Bank present at the meeting included, Shri Natarajan Chandrasekaran, Shri Bharat Doshi and Shri Sudhir Mankad. T
The 562nd meeting of the Central Board of Reserve Bank of India was held on Thursday, December 15, 2016 at Kolkata. Dr. Urjit R. Patel, Governor, Reserve Bank of India, chaired the meeting. Besides Deputy Governors Shri R. Gandhi, Shri S.S. Mundra and Shri N.S.Vishwanathan of the Reserve Bank of India, the other Directors of the Central Board of the Reserve Bank present at the meeting included, Shri Natarajan Chandrasekaran, Shri Bharat Doshi and Shri Sudhir Mankad. T
డిసెం 14, 2016
RBI extends Directions issued to the Sanmitra Sahakari Bank Maryadit, Mumbai, Maharashtra
Sanmitra Sahakari Bank Maryadit, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 14, 2016 from the close of business on June 14, 2016. The validity of the directions has been extended for a further period of six months from December 15, 2016 to June 14, 2017 vide our modified directive dated December 07, 2016 subject to review. The other terms and conditions of the Directive under reference remain unchanged. A copy
Sanmitra Sahakari Bank Maryadit, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 14, 2016 from the close of business on June 14, 2016. The validity of the directions has been extended for a further period of six months from December 15, 2016 to June 14, 2017 vide our modified directive dated December 07, 2016 subject to review. The other terms and conditions of the Directive under reference remain unchanged. A copy
డిసెం 13, 2016
RBI withdraws Directions on Bally Co-operative Bank Limited, Bally, Howrah, West Bengal
The Reserve Bank of India (RBI) had issued directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) to Bally Co-operative Bank Limited, Bally, Howrah, West Bengal vide Directive dated November 06, 2006. The Directions were effective from close of business on November 14, 2006 till further orders and were subject to review from time to time. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in exe
The Reserve Bank of India (RBI) had issued directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) to Bally Co-operative Bank Limited, Bally, Howrah, West Bengal vide Directive dated November 06, 2006. The Directions were effective from close of business on November 14, 2006 till further orders and were subject to review from time to time. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in exe
డిసెం 13, 2016
Shri R. Gandhi and Shri S. S. Mundra, RBI Deputy Governors brief Agencies on Currency Issues: Edited Transcript
Video link Shri R Gandhi: The banks have since the start of the programme on November 10, 2016 till December 10, 2016 issued notes valued at ₹ 4.61 lakh crore to the public over their counters and through their ATMs. Specified Bank Notes (SBNs) of ₹ 500 and ₹ 1000 returned to RBI and Currency Chests amounted to ₹ 12.44 lakh crore as of December 10, 2016. In this period, the RBI has also issued to the public through the banks and their branches a total of 21.8 billion
Video link Shri R Gandhi: The banks have since the start of the programme on November 10, 2016 till December 10, 2016 issued notes valued at ₹ 4.61 lakh crore to the public over their counters and through their ATMs. Specified Bank Notes (SBNs) of ₹ 500 and ₹ 1000 returned to RBI and Currency Chests amounted to ₹ 12.44 lakh crore as of December 10, 2016. In this period, the RBI has also issued to the public through the banks and their branches a total of 21.8 billion
డిసెం 12, 2016
RBI denies Rumours on Axis Bank
The Reserve Bank of India today clarified that it has not initiated any action to cancel the banking licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified Bank Notes in a few branches of the bank. The clarification comes in the background of rumours in a segment of the media that the bank was likely to lose its banking licence. Alpana Killawala Principal Adviser Press Release
The Reserve Bank of India today clarified that it has not initiated any action to cancel the banking licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified Bank Notes in a few branches of the bank. The clarification comes in the background of rumours in a segment of the media that the bank was likely to lose its banking licence. Alpana Killawala Principal Adviser Press Release
డిసెం 09, 2016
RBI releases Annual Report of the Banking Ombudsman Scheme
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2015-2016. Highlights 1,02,894 complaints were received by 15 Offices of the Banking Ombudsmen Complaints increased by 21% compared to the previous year. Offices of Banking Ombudsmen maintained a disposal rate of 95%. 18 Awards were issued by the Banking Ombudsmen. 34 appeals were received by the Appellate Authority against the awards/decisions of Banking Ombudsme
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2015-2016. Highlights 1,02,894 complaints were received by 15 Offices of the Banking Ombudsmen Complaints increased by 21% compared to the previous year. Offices of Banking Ombudsmen maintained a disposal rate of 95%. 18 Awards were issued by the Banking Ombudsmen. 34 appeals were received by the Appellate Authority against the awards/decisions of Banking Ombudsme
డిసెం 08, 2016
Issuance of ₹ 500 bank notes without inset letter, in the Mahatma Gandhi (New Series)
The Reserve Bank of India will shortly issue ₹ 500 denomination banknotes in the Mahatma Gandhi (New) Series, without any inset letter, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The design of these notes to be issued now is similar in all respects to the ₹ 500 banknotes in Mahatma Gandhi (New) Series which was notified through Press Release : 2016-2017/1146 dated No
The Reserve Bank of India will shortly issue ₹ 500 denomination banknotes in the Mahatma Gandhi (New) Series, without any inset letter, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The design of these notes to be issued now is similar in all respects to the ₹ 500 banknotes in Mahatma Gandhi (New) Series which was notified through Press Release : 2016-2017/1146 dated No
డిసెం 08, 2016
Activity at Banks during November 10 to December 7, 2016
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and/or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. The Reserve Bank has also made arrangements for supply of adequate quantity of banknotes in various denominations to the pub
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and/or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. The Reserve Bank has also made arrangements for supply of adequate quantity of banknotes in various denominations to the pub
డిసెం 07, 2016
RBI Withdraws the Incremental CRR
On November 26, 2016 the Reserve Bank had announced an incremental cash reserve ratio (CRR) of 100 per cent of the increase in net demand and time liabilities (NDTL) of scheduled banks between September 16, 2016 and November 11, 2016 effective the fortnight beginning November 26, 2016. It was intended to absorb a part of the large increase in liquidity in the system following the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes. It wa
On November 26, 2016 the Reserve Bank had announced an incremental cash reserve ratio (CRR) of 100 per cent of the increase in net demand and time liabilities (NDTL) of scheduled banks between September 16, 2016 and November 11, 2016 effective the fortnight beginning November 26, 2016. It was intended to absorb a part of the large increase in liquidity in the system following the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes. It wa
డిసెం 07, 2016
Fifth Bi-monthly Monetary Policy Statement, 2016-17 Resolution of the Monetary Policy Committee (MPC), Reserve Bank of India
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.25 per cent. Consequently, the reverse repo rate under the LAF remains unchanged at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The decision of the MPC is consistent with an accomm
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.25 per cent. Consequently, the reverse repo rate under the LAF remains unchanged at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The decision of the MPC is consistent with an accomm
డిసెం 06, 2016
RBI to issue of ₹ 100 Banknotes without inset letter, ascending size of numerals in the number panels, bleed lines, and enlarged identification mark
The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the numbering panels, bearing the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The design of these banknotes to be issued now is similar in all respects to the ₹ 100 banknotes in Mahatma Gandhi Series- 2005 issued earlier having ascending si
The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the numbering panels, bearing the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The design of these banknotes to be issued now is similar in all respects to the ₹ 100 banknotes in Mahatma Gandhi Series- 2005 issued earlier having ascending si
డిసెం 06, 2016
Non-Banking Financial Company - Account Aggregator (NBFC-AA)
The Reserve Bank of India had issued the Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 (the directions) on September 2, 2016. The directions were to come into effect from the date of notification of a non-banking institution that carries on 'the business of account aggregator' as a non-banking financial company, by the Bank in the Official Gazette. The notification issued by the Bank has been published in the Gazette of India (Part
The Reserve Bank of India had issued the Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 (the directions) on September 2, 2016. The directions were to come into effect from the date of notification of a non-banking institution that carries on 'the business of account aggregator' as a non-banking financial company, by the Bank in the Official Gazette. The notification issued by the Bank has been published in the Gazette of India (Part
డిసెం 04, 2016
Issuance 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. Urjit R Patel, 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 and
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. Urjit R Patel, 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 and
డిసెం 04, 2016
Issue of ₹ 20 banknotes with the inset letter "L", with numerals in ascending size in number panels and without intaglio printing
The Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘L’ in both the number panels, bearing signature of Dr. Urjit R Patel, 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 ₹ 20 denomination with the ascending font of numerals in both the number panels an
The Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘L’ in both the number panels, bearing signature of Dr. Urjit R Patel, 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 ₹ 20 denomination with the ascending font of numerals in both the number panels an
డిసెం 02, 2016
Fifth Bi-monthly Monetary Policy Statement 2016-17 on at 2.30 pm on December 07, 2016
The Monetary Policy Committee (MPC) will meet on December 6 and 7, 2016 for the Fifth Bi-monthly Monetary Policy Statement for 2016-17. The resolution of the MPC will be placed on the website at 2.30 pm on December 7, 2016. Alpana Killawala Principal Adviser Press Release: 2016-2017/1387
The Monetary Policy Committee (MPC) will meet on December 6 and 7, 2016 for the Fifth Bi-monthly Monetary Policy Statement for 2016-17. The resolution of the MPC will be placed on the website at 2.30 pm on December 7, 2016. Alpana Killawala Principal Adviser Press Release: 2016-2017/1387
డిసెం 01, 2016
Withdrawal of Legal Tender from SBNs: RBI cautions against Information received on Unsecured/Unofficial Channels
In the wake of withdrawal of legal tender character from the Specified Bank Notes (SBNs), the Reserve Bank of India has, from time to time, been issuing instructions to the banks which are sent directly to banks through an official mail. These are also placed on the Reserve Bank’s official website (https://www.rbi.org.in). It has been reported that certain guidelines/instructions purported to be issued by the Reserve Bank are being circulated in the social media by so
In the wake of withdrawal of legal tender character from the Specified Bank Notes (SBNs), the Reserve Bank of India has, from time to time, been issuing instructions to the banks which are sent directly to banks through an official mail. These are also placed on the Reserve Bank’s official website (https://www.rbi.org.in). It has been reported that certain guidelines/instructions purported to be issued by the Reserve Bank are being circulated in the social media by so
నవం 30, 2016
RBI Modifies the Directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) to Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India has notified that in partial modification of its Directive dated October 19, 2015, it has, vide Directive dated November 25, 2016, modified the directions on the Indian Mercantile Co-operative Bank Ltd., Lucknow. The bank had been originally placed under directions w.e.f June 12, 2014 vide directive dated June 04, 2014. In terms of the said Directive dated October 19, 2015, among other conditions, a sum not exceeding 70% (seventy percent) of
The Reserve Bank of India has notified that in partial modification of its Directive dated October 19, 2015, it has, vide Directive dated November 25, 2016, modified the directions on the Indian Mercantile Co-operative Bank Ltd., Lucknow. The bank had been originally placed under directions w.e.f June 12, 2014 vide directive dated June 04, 2014. In terms of the said Directive dated October 19, 2015, among other conditions, a sum not exceeding 70% (seventy percent) of
నవం 28, 2016
Withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000: Activity at Banks during November 10-27, 2016
Consequent to the announcement of withdrawal of legal tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and/or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. Banks have since reported that such exchange/deposits effected from November 10, 2016 upto November 27, 2016 amounted to ₹ 8
Consequent to the announcement of withdrawal of legal tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and/or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. Banks have since reported that such exchange/deposits effected from November 10, 2016 upto November 27, 2016 amounted to ₹ 8
నవం 26, 2016
RBI Announces Measures to Manage Liquidity Conditions
With the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes (hereafter referred to as Specified Bank Notes - SBNs) beginning November 9, 2016, there has been a surge in deposits relative to the expansion in bank credit, leading to large excess liquidity in the system. The magnitude of surplus liquidity available with the banking system is expected to increase further in the fortnights ahead. In view of this, it has been decided to absor
With the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes (hereafter referred to as Specified Bank Notes - SBNs) beginning November 9, 2016, there has been a surge in deposits relative to the expansion in bank credit, leading to large excess liquidity in the system. The magnitude of surplus liquidity available with the banking system is expected to increase further in the fortnights ahead. In view of this, it has been decided to absor
నవం 25, 2016
Withdrawal of Legal Tender Status of ₹ 500 and ₹ 1000: Exchange Facility at RBI to continue
The Reserve Bank of India advises members of public that exchange of banknotes in ₹ 500 and ₹ 1000 denominations, whose legal tender status has been withdrawn, will continue to be available at the counters of the Reserve Bank upto the current limits per person as hitherto. (However such exchange facility is no longer available at other banks' counters). Alpana Killawala Principal Adviser Press Release: 2016-2017/1317
The Reserve Bank of India advises members of public that exchange of banknotes in ₹ 500 and ₹ 1000 denominations, whose legal tender status has been withdrawn, will continue to be available at the counters of the Reserve Bank upto the current limits per person as hitherto. (However such exchange facility is no longer available at other banks' counters). Alpana Killawala Principal Adviser Press Release: 2016-2017/1317
నవం 23, 2016
Airtel Payments Bank Limited commences operations
Airtel Payments Bank Limited has commenced its operations as a payments bank with effect from November 23, 2016. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Airtel M Commerce Services Limited was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D
Airtel Payments Bank Limited has commenced its operations as a payments bank with effect from November 23, 2016. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India. Airtel M Commerce Services Limited was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015. Anirudha D
నవం 23, 2016
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 Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Natwest Investments Limited Satyanarayana Enclave, Icon Block, 3rd
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 Registered Office Address CoR No. Issued On Cancellation Order Date 1 M/s Natwest Investments Limited Satyanarayana Enclave, Icon Block, 3rd
నవం 23, 2016
RBI cancels Certificate of Registration of 6 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs). The Reserve Bank, 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 Star Line Leasings Limited 417-419, ‘Midas’, Sahar Plaza, Mathurdas Vasanji Road, Andheri (East), Mumbai - 400
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs). The Reserve Bank, 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 Star Line Leasings Limited 417-419, ‘Midas’, Sahar Plaza, Mathurdas Vasanji Road, Andheri (East), Mumbai - 400
నవం 22, 2016
Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/-
Exchange Facility – Reports of misuse – Caution to Public
The facility for public to exchange the specified bank notes (old notes in ₹ 500 and ₹ 1000) for legal tender notes and allowing them to deposit into bank accounts in unlimited amounts is provided to enable members of the public in possession of these notes as on the date of the announcement to secure the value of these notes either through exchange or by deposit into their bank accounts. It is reported that certain gullible persons are exchanging these notes on behal
The facility for public to exchange the specified bank notes (old notes in ₹ 500 and ₹ 1000) for legal tender notes and allowing them to deposit into bank accounts in unlimited amounts is provided to enable members of the public in possession of these notes as on the date of the announcement to secure the value of these notes either through exchange or by deposit into their bank accounts. It is reported that certain gullible persons are exchanging these notes on behal
నవం 22, 2016
Special measures to incentivise Electronic Payments
In order to meet the transactional needs of the public through digital means, the Reserve Bank has introduced additional measures by way of special dispensation for small merchants and enhancement in limits for semi-closed Prepaid Payment Instruments (PPIs). A special dispensation has now been enabled for small merchants whereby PPIs issuers can issue PPIs to such merchants. While balance in such PPIs cannot exceed ₹ 20,000/- at any point of time, the merchants can tr
In order to meet the transactional needs of the public through digital means, the Reserve Bank has introduced additional measures by way of special dispensation for small merchants and enhancement in limits for semi-closed Prepaid Payment Instruments (PPIs). A special dispensation has now been enabled for small merchants whereby PPIs issuers can issue PPIs to such merchants. While balance in such PPIs cannot exceed ₹ 20,000/- at any point of time, the merchants can tr
నవం 21, 2016
సెంట్ర‌ల్ బ్యాంక్ ఆఫ్ మ‌య‌న్మార్ తో ‘సూప‌ర్ వైజ‌రీ స‌హ‌కారం మ‌రియు సూప‌ర్ వైజ‌రీ స‌మాచార మార్పిడి’ పై MoUపై సంత‌కాలు చేసిన RBI
అక్టోబ‌ర్ 21, 2016 సెంట్ర‌ల్ బ్యాంక్ ఆఫ్ మ‌య‌న్మార్ తో ‘సూప‌ర్ వైజ‌రీ స‌హ‌కారం మ‌రియు సూప‌ర్ వైజ‌రీ స‌మాచార మార్పిడి’ పై MoUపై సంత‌కాలు చేసిన RBI భార‌తీయ రిజ‌ర్వ్ బ్యాంక్ రిపబ్లిక్ యూనియ‌న్ ఆఫ్ మ‌య‌న్మార్ కు చెందిన సెంట్ర‌ల్ బ్యాంక్ ఆఫ్ మ‌య‌న్మార్ తో అక్టోబ‌ర్ 19, 2016న ఒక మెమోరాండం ఆఫ్ అండ‌ర్ స్టాండింగ్ (MoU)పై సంత‌కాలు చేసింది. గౌర‌వ‌నీయులు భార‌త ప్ర‌ధాని శ్రీ న‌రేంద్ర మోడీ మ‌రియు మ‌య‌న్మార్ స్టేట్ కౌన్సెల‌ర్ H.E. అంగ్ సాన్ సూకీ స‌మ‌క్షంలో జ‌రిగిన‌ ఈ MoUపై సెంట్ర‌ల
అక్టోబ‌ర్ 21, 2016 సెంట్ర‌ల్ బ్యాంక్ ఆఫ్ మ‌య‌న్మార్ తో ‘సూప‌ర్ వైజ‌రీ స‌హ‌కారం మ‌రియు సూప‌ర్ వైజ‌రీ స‌మాచార మార్పిడి’ పై MoUపై సంత‌కాలు చేసిన RBI భార‌తీయ రిజ‌ర్వ్ బ్యాంక్ రిపబ్లిక్ యూనియ‌న్ ఆఫ్ మ‌య‌న్మార్ కు చెందిన సెంట్ర‌ల్ బ్యాంక్ ఆఫ్ మ‌య‌న్మార్ తో అక్టోబ‌ర్ 19, 2016న ఒక మెమోరాండం ఆఫ్ అండ‌ర్ స్టాండింగ్ (MoU)పై సంత‌కాలు చేసింది. గౌర‌వ‌నీయులు భార‌త ప్ర‌ధాని శ్రీ న‌రేంద్ర మోడీ మ‌రియు మ‌య‌న్మార్ స్టేట్ కౌన్సెల‌ర్ H.E. అంగ్ సాన్ సూకీ స‌మ‌క్షంలో జ‌రిగిన‌ ఈ MoUపై సెంట్ర‌ల
నవం 21, 2016
Activity at Banks during November 10 to November 18, 2016
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and /or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. Banks have since reported that such exchange/deposits effected from November 10, 2016 upto November 18, 2016 amounted to ₹
Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for exchange and /or deposit of such notes at the counters of the Reserve Bank and commercial banks, Regional Rural banks and Urban Cooperative Banks. Banks have since reported that such exchange/deposits effected from November 10, 2016 upto November 18, 2016 amounted to ₹
నవం 20, 2016
ప్రజలు 10 నాణేల చట్టబద్ధ చెలామణి (లీగల్ టెండర్) అంగీకారం ను కొనసాగించాలి - ఆర్బీఐ
నవంబర్ 20, 2016 ప్రజలు ₹ 10 నాణేల చట్టబద్ధ చెలామణి (లీగల్ టెండర్) అంగీకారం ను కొనసాగించాలి - ఆర్బీఐభారత ప్రభుత్వం చే ముద్రించబడిన (మింట్ చేయబడిన) నాణేలను (కాయిన్లు) రిజర్వు బ్యాంక్ చెలామణిలోకి తెచ్చింది.ఈ నాణేలు విలక్షమైన ఫీచర్లను కలిగి ఉన్నాయి. ప్రజల లావాదేవీల అవసరాలను తీర్చడానికి కొత్త డినామినేషన్ ల లోను మరియు ఆర్థిక, సామాజిక, సాంస్కృతిక విలువలను ప్రతిబింబించే ఇతివృత్తాలతో కొత్త డిజైన్ల లోను, నాణేలను ఎప్పటికప్పుడు చలామణిలోకి తీసుకురావడం జరిగింది. చెలామణిలో ఉన్న నాణే
నవంబర్ 20, 2016 ప్రజలు ₹ 10 నాణేల చట్టబద్ధ చెలామణి (లీగల్ టెండర్) అంగీకారం ను కొనసాగించాలి - ఆర్బీఐభారత ప్రభుత్వం చే ముద్రించబడిన (మింట్ చేయబడిన) నాణేలను (కాయిన్లు) రిజర్వు బ్యాంక్ చెలామణిలోకి తెచ్చింది.ఈ నాణేలు విలక్షమైన ఫీచర్లను కలిగి ఉన్నాయి. ప్రజల లావాదేవీల అవసరాలను తీర్చడానికి కొత్త డినామినేషన్ ల లోను మరియు ఆర్థిక, సామాజిక, సాంస్కృతిక విలువలను ప్రతిబింబించే ఇతివృత్తాలతో కొత్త డిజైన్ల లోను, నాణేలను ఎప్పటికప్పుడు చలామణిలోకి తీసుకురావడం జరిగింది. చెలామణిలో ఉన్న నాణే
నవం 20, 2016
RBI extends Directions issued to the Lokseva Sahakari Bank Ltd., Pune, Maharashtra
The Reserve Bank of India, notified that Lokseva Sahakari Bank Ltd., Pune, was placed under directions for a period of six months vide directive dated May 19, 2014, from the close of business on May 20, 2014. The validity of the directions was extended four times, for a period of six months each, vide order dated November 12, 2014; dated May 06, 2015; dated November 04, 2015 and dated May 13, 2016. It is hereby notified for the information of the public that the perio
The Reserve Bank of India, notified that Lokseva Sahakari Bank Ltd., Pune, was placed under directions for a period of six months vide directive dated May 19, 2014, from the close of business on May 20, 2014. The validity of the directions was extended four times, for a period of six months each, vide order dated November 12, 2014; dated May 06, 2015; dated November 04, 2015 and dated May 13, 2016. It is hereby notified for the information of the public that the perio
నవం 18, 2016
Cash Withdrawal at Point-of-Sale (POS) - Withdrawal limits and customer fee/charges- Relaxation
The Reserve Bank of India had issued instructions to banks on November 14, 2016 that banks shall waive levy of ATM charges for all transactions by saving bank customers done at all ATMs, irrespective of the number of transactions during the month, from November 10, 2016 till December 30, 2016, subject to review. As another customer-centric measure, the limit for cash withdrawal at POS has been made uniform at to ₹ 2000/- per day across all centres (Tier I to VI) for a
The Reserve Bank of India had issued instructions to banks on November 14, 2016 that banks shall waive levy of ATM charges for all transactions by saving bank customers done at all ATMs, irrespective of the number of transactions during the month, from November 10, 2016 till December 30, 2016, subject to review. As another customer-centric measure, the limit for cash withdrawal at POS has been made uniform at to ₹ 2000/- per day across all centres (Tier I to VI) for a

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పేజీ చివరిగా అప్‌డేట్ చేయబడిన తేదీ: ఆగస్టు 01, 2024