پریس اعلانیہ - ربی - Reserve Bank of India
پریس اعلانیہ
جنوری 04, 2018
RBI cancels Certificate of Registration of 3 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three 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 Alchemist Holdings Limited (Formerly known as M/s Mahindra Finlease Private Limited) 405, Jyoti Shikhar Tower, Janakpuri Di
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three 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 Alchemist Holdings Limited (Formerly known as M/s Mahindra Finlease Private Limited) 405, Jyoti Shikhar Tower, Janakpuri Di
جنوری 04, 2018
11 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 Rajputana Investment Society Private Limited 8, Sarat Chatterjee Avenue, Kolka
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 Rajputana Investment Society Private Limited 8, Sarat Chatterjee Avenue, Kolka
جنوری 01, 2018
Cessation of 8 per cent GoI Savings (Taxable) Bonds, 2003
The Government of India (GoI), vide Notification No.F.4(10)-W&M/2003 dated January 01, 2018, hereby announces that 8% GoI Savings (Taxable) Bonds, 2003 shall cease for subscription with effect from the close of banking business on Tuesday, the 02nd January, 2018. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1790
The Government of India (GoI), vide Notification No.F.4(10)-W&M/2003 dated January 01, 2018, hereby announces that 8% GoI Savings (Taxable) Bonds, 2003 shall cease for subscription with effect from the close of banking business on Tuesday, the 02nd January, 2018. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1790
دسمبر 22, 2017
RBI Clarification on Banks under Prompt Corrective Action
The Reserve Bank of India has come across some misinformed communication circulating in some section of media including social media, about closure of some Public Sector Banks in the wake of their being placed under the Prompt Corrective Action (PCA) framework. In this context attention is drawn to the press release issued on June 5, 2017, which stated as under: “The Reserve Bank has clarified that the PCA framework is not intended to constrain normal operations of th
The Reserve Bank of India has come across some misinformed communication circulating in some section of media including social media, about closure of some Public Sector Banks in the wake of their being placed under the Prompt Corrective Action (PCA) framework. In this context attention is drawn to the press release issued on June 5, 2017, which stated as under: “The Reserve Bank has clarified that the PCA framework is not intended to constrain normal operations of th
دسمبر 21, 2017
Primary (Urban) Co-operative Banks’ Outlook 2016-17
The Reserve Bank of India today herewith releases the 4th volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook 2016-17’. It can be accessed at https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications. The publication has been brought out by the ‘Department of Co-operative Bank Supervision’ of the Reserve Bank of India. The publication covers the financial accounts of Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks for the
The Reserve Bank of India today herewith releases the 4th volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook 2016-17’. It can be accessed at https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications. The publication has been brought out by the ‘Department of Co-operative Bank Supervision’ of the Reserve Bank of India. The publication covers the financial accounts of Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks for the
دسمبر 20, 2017
Composition and Ownership Pattern of Deposits with Scheduled Commercial Banks (SCBs) - March 31, 2017
Today, the Reserve Bank released data on composition and ownership pattern of deposits with scheduled commercial banks (SCBs) as on March 31, 2017. The population group classification of centres where bank branches/ offices are located is based on Census 2011. Also, the two small finance banks (SFBs), added to the Second Schedule of the Reserve Bank of India Act 1934 in February 2017 have been covered in this data release. Highlights: Households’ share in total deposi
Today, the Reserve Bank released data on composition and ownership pattern of deposits with scheduled commercial banks (SCBs) as on March 31, 2017. The population group classification of centres where bank branches/ offices are located is based on Census 2011. Also, the two small finance banks (SFBs), added to the Second Schedule of the Reserve Bank of India Act 1934 in February 2017 have been covered in this data release. Highlights: Households’ share in total deposi
دسمبر 18, 2017
Marginal Cost of Funds Based Lending Rate (MCLR) for the month of November 2017
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of November 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1665
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of November 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1665
دسمبر 15, 2017
The Reserve Bank of India (RBI) has imposed, on December 12, 2017, a monetary penalty of ₹ 50 million on Syndicate Bank (the bank) for non-compliance with the directions/guidelines issued by RBI on cheque purchase/discounting, bill discounting, and Know Your Customer (KYC)/Anti-Money Laundering (AML) 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 Ac
The Reserve Bank of India (RBI) has imposed, on December 12, 2017, a monetary penalty of ₹ 50 million on Syndicate Bank (the bank) for non-compliance with the directions/guidelines issued by RBI on cheque purchase/discounting, bill discounting, and Know Your Customer (KYC)/Anti-Money Laundering (AML) 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 Ac
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دسمبر 14, 2017
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 lakh on M/s Radhakrishna Finance Pvt. Ltd. (the company) under Section 58G(1)(b) read with Sub-section 5(aa) of section 58B of the RBI Act, 1934 for violation of various directions/orders issued by Reserve Bank of India from time to time. Background A scrutiny of the company under section 45N of Reserve Bank of India Act, 1934 (the RBI Act, 1934) with reference to its financial position as on March 3
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 lakh on M/s Radhakrishna Finance Pvt. Ltd. (the company) under Section 58G(1)(b) read with Sub-section 5(aa) of section 58B of the RBI Act, 1934 for violation of various directions/orders issued by Reserve Bank of India from time to time. Background A scrutiny of the company under section 45N of Reserve Bank of India Act, 1934 (the RBI Act, 1934) with reference to its financial position as on March 3
دسمبر 13, 2017
The Reserve Bank of India (RBI) has imposed on December 12, 2017, a monetary penalty of ₹ 30 million on IndusInd Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms and contravention of regulatory restrictions pertaining to non-fund based (NFB) facilities. 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
The Reserve Bank of India (RBI) has imposed on December 12, 2017, a monetary penalty of ₹ 30 million on IndusInd Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms and contravention of regulatory restrictions pertaining to non-fund based (NFB) facilities. 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
دسمبر 11, 2017
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.50 lakh (Rupees Fifty thousand only) on The A P Mahajan’s Co-operative Urban Bank Ltd., Hyderabad, Telangana, 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 Co-operative Societies), for violation of Reserve Bank of India directives and guidelines on Exposure Norms and Statutory/Other Restrict
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.50 lakh (Rupees Fifty thousand only) on The A P Mahajan’s Co-operative Urban Bank Ltd., Hyderabad, Telangana, 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 Co-operative Societies), for violation of Reserve Bank of India directives and guidelines on Exposure Norms and Statutory/Other Restrict
دسمبر 11, 2017
Professor Vijay Joshi, Emeritus Fellow, Merton College, Oxford, delivers the Fifteenth L. K. Jha Memorial Lecture titled ‘India’s Economic Reforms: Reflections on the Unfinished Agenda
The Reserve Bank of India hosted the fifteenth L.K. Jha Memorial Lecture on December 11, 2017 in Mumbai. The lecture was delivered by Professor Vijay Joshi, Emeritus Fellow, Merton College, Oxford. Governor Dr. Urjit R. Patel welcomed the guests and highlighted the significance of the L.K. Jha Memorial Lecture series instituted by the Reserve Bank of India in 1990. Prof. Vijay Joshi has written several books on India, including India’s Long Road: The Search for Prospe
The Reserve Bank of India hosted the fifteenth L.K. Jha Memorial Lecture on December 11, 2017 in Mumbai. The lecture was delivered by Professor Vijay Joshi, Emeritus Fellow, Merton College, Oxford. Governor Dr. Urjit R. Patel welcomed the guests and highlighted the significance of the L.K. Jha Memorial Lecture series instituted by the Reserve Bank of India in 1990. Prof. Vijay Joshi has written several books on India, including India’s Long Road: The Search for Prospe
دسمبر 06, 2017
Statement on Developmental and Regulatory Policies
Rationalisation of Merchant Discount Rate 1. In recent times, debit card transactions at ‘Point of Sales’ have shown significant growth. With a view to giving further fillip to acceptance of debit card payments for purchase of goods and services across a wider network of merchants, it has been decided to rationalise the framework for Merchant Discount Rate (MDR) applicable on debit card transactions based on the category of merchants. A differentiated MDR for asset-li
Rationalisation of Merchant Discount Rate 1. In recent times, debit card transactions at ‘Point of Sales’ have shown significant growth. With a view to giving further fillip to acceptance of debit card payments for purchase of goods and services across a wider network of merchants, it has been decided to rationalise the framework for Merchant Discount Rate (MDR) applicable on debit card transactions based on the category of merchants. A differentiated MDR for asset-li
دسمبر 06, 2017
Fifth Bi-monthly Monetary Policy Statement, 2017-18 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 6.0 per cent. Consequently, the reverse repo rate under the LAF remains at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent. The decision of the MPC is consistent with a neutral stance of
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 6.0 per cent. Consequently, the reverse repo rate under the LAF remains at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent. The decision of the MPC is consistent with a neutral stance of
دسمبر 05, 2017
Reserve Bank cautions regarding risk of virtual currencies including Bitcoins
Attention of members of public is drawn to the Press Release issued by the Reserve Bank of India (RBI) on December 24, 2013, cautioning users, holders and traders of Virtual Currencies (VCs) including Bitcoins regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with such VCs. Vide press release dated February 1, 2017, RBI has also clarified that it has not given any licence/authorisation
Attention of members of public is drawn to the Press Release issued by the Reserve Bank of India (RBI) on December 24, 2013, cautioning users, holders and traders of Virtual Currencies (VCs) including Bitcoins regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with such VCs. Vide press release dated February 1, 2017, RBI has also clarified that it has not given any licence/authorisation
نومبر 30, 2017
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two 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 GFL Financials India Limited 10/2, Ramganj, Jinsi, Indore – 452002 B.03.00159 August 24, 2002 October 18, 2017 2 M/s Alagendr
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two 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 GFL Financials India Limited 10/2, Ramganj, Jinsi, Indore – 452002 B.03.00159 August 24, 2002 October 18, 2017 2 M/s Alagendr
نومبر 30, 2017
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 Eagle Industrial Developments Private Limited (Presently M/s Suchitra Dyeing a
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 Eagle Industrial Developments Private Limited (Presently M/s Suchitra Dyeing a
نومبر 29, 2017
Caution against various Co-operative societies using the word “Bank” in their names
It has come to the notice of Reserve Bank of India (RBI) that some Co-operative Societies are using the word “Bank” in their names. This is a violation of Section 7 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) (the B.R.Act, 1949). It has also come to the notice of RBI that some Co-operative societies are accepting deposits from non-members / nominal members / associate members which tantamount to conducting banking business in violatio
It has come to the notice of Reserve Bank of India (RBI) that some Co-operative Societies are using the word “Bank” in their names. This is a violation of Section 7 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) (the B.R.Act, 1949). It has also come to the notice of RBI that some Co-operative societies are accepting deposits from non-members / nominal members / associate members which tantamount to conducting banking business in violatio
نومبر 29, 2017
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive 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 dated July 26, 2017 and was valid upto November 30, 2017 subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it u
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive 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 dated July 26, 2017 and was valid upto November 30, 2017 subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it u
نومبر 24, 2017
Sovereign Gold Bond 2017-18 Series- X-Issue Price
In terms of GoI notification F.No.4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from November 27, 2017 to Novemb
In terms of GoI notification F.No.4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from November 27, 2017 to Novemb
نومبر 23, 2017
Sovereign Gold Bond 2017-18 Series-VII-Issue Price
In terms of GoI notification F. No. 4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from November 06, 2017 to Nove
In terms of GoI notification F. No. 4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from November 06, 2017 to Nove
نومبر 22, 2017
RBI extends Directions issued to Rupee Co-operative Bank Ltd., Pune
The Reserve Bank of India (vide directive DCBR.CO.AID/D-21/12.22.218/2017-18 dated November 17, 2017) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period from November 22, 2017 to May 31, 2018 subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on eight occasions for a period of six months each and thrice for a period of three months each. The last exte
The Reserve Bank of India (vide directive DCBR.CO.AID/D-21/12.22.218/2017-18 dated November 17, 2017) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period from November 22, 2017 to May 31, 2018 subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on eight occasions for a period of six months each and thrice for a period of three months each. The last exte
نومبر 17, 2017
Sovereign Gold Bond 2017-18 Series- IX-Issue Price
In terms of GoI notification F.No.4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from November 20, 2017 to Novemb
In terms of GoI notification F.No.4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from November 20, 2017 to Novemb
نومبر 16, 2017
Marginal Cost of Funds Based Lending Rate (MCLR) for the month of October 2017
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of October 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1351
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of October 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1351
نومبر 16, 2017
Marginal Cost of Funds Based Lending Rate (MCLR) for the Quarter ended September 2017
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the Quarter July 2017 -September 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1353
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the Quarter July 2017 -September 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1353
نومبر 15, 2017
Reserve Bank of India, in the public interest, has issued directions to Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS) for a period of six months from the close of business on November 13, 2017. The Directions stipulate certain restrictions and / or ceiling on withdrawal / acceptance of deposits. The detailed Directions are displayed on the b
Reserve Bank of India, in the public interest, has issued directions to Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS) for a period of six months from the close of business on November 13, 2017. The Directions stipulate certain restrictions and / or ceiling on withdrawal / acceptance of deposits. The detailed Directions are displayed on the b
نومبر 09, 2017
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-4/12.22.126/2017-18 dated November 07, 2017) has placed the Karad Janata Sahakari Bank Ltd., Karad, Dist : Satara, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 1000 (Rupees One Thousand only) of the total balance held in every saving bank or current account or any other deposit account by whatever name called, subject to conditions stip
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-4/12.22.126/2017-18 dated November 07, 2017) has placed the Karad Janata Sahakari Bank Ltd., Karad, Dist : Satara, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 1000 (Rupees One Thousand only) of the total balance held in every saving bank or current account or any other deposit account by whatever name called, subject to conditions stip
نومبر 09, 2017
Suno RBI Kya Kehta Hai: A Public Awareness Initiative of RBI
The Reserve Bank of India – India’s central bank - will soon launch a public awareness campaign through SMSes to educate the members of the public about various banking regulations and facilities available to them. To begin with, the Reserve Bank will send messages cautioning the people against falling prey to unsolicited and fictitious offers received through emails/SMSes/phone calls. The caution messages will be sent from ‘RBISAY’ sender id. The Reserve Bank has bee
The Reserve Bank of India – India’s central bank - will soon launch a public awareness campaign through SMSes to educate the members of the public about various banking regulations and facilities available to them. To begin with, the Reserve Bank will send messages cautioning the people against falling prey to unsolicited and fictitious offers received through emails/SMSes/phone calls. The caution messages will be sent from ‘RBISAY’ sender id. The Reserve Bank has bee
نومبر 08, 2017
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.50 lakh (Rupees Fifty thousand only) on The Sind Co-operative Urban Bank Ltd., Hyderabad, Telangana, 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 Co-operative Societies), for violation of Reserve Bank of India directives and guidelines on Exposure Norms and Statutory/Other Restrictions. The
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.50 lakh (Rupees Fifty thousand only) on The Sind Co-operative Urban Bank Ltd., Hyderabad, Telangana, 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 Co-operative Societies), for violation of Reserve Bank of India directives and guidelines on Exposure Norms and Statutory/Other Restrictions. The
نومبر 06, 2017
The Reserve Bank of India has extended directions issued to the Brahmawart Commercial Co-operative Bank Ltd., Kanpur for a further period of four months from November 07, 2017 to March 06, 2018, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since July 07, 2015. The same has further been extended upto March 06, 2018 vide directive dated November 01, 2017. A copy of the directive dated November
The Reserve Bank of India has extended directions issued to the Brahmawart Commercial Co-operative Bank Ltd., Kanpur for a further period of four months from November 07, 2017 to March 06, 2018, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since July 07, 2015. The same has further been extended upto March 06, 2018 vide directive dated November 01, 2017. A copy of the directive dated November
نومبر 03, 2017
The Reserve Bank of India has withdrawn the All Inclusive Directions issued vide order dated September 08, 2015 to Nashik District Girna Sahakari Bank Ltd., Nashik, Maharashtra with effect from November 02, 2017. The withdrawal of Directions is in exercise of powers vested in the Reserve Bank of India under sub-section (2) of Section 35A of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies). A copy of the above order dated November 01, 2017 is
The Reserve Bank of India has withdrawn the All Inclusive Directions issued vide order dated September 08, 2015 to Nashik District Girna Sahakari Bank Ltd., Nashik, Maharashtra with effect from November 02, 2017. The withdrawal of Directions is in exercise of powers vested in the Reserve Bank of India under sub-section (2) of Section 35A of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies). A copy of the above order dated November 01, 2017 is
اکتوبر 25, 2017
Governor’s statement
Governor’s statement on public sector banks recapitalization is attached. Jose J. Kattoor Chief General Manager Press Release: 2017-2018/1124
Governor’s statement on public sector banks recapitalization is attached. Jose J. Kattoor Chief General Manager Press Release: 2017-2018/1124
اکتوبر 24, 2017
The Reserve Bank of India (RBI) has imposed on October 23, 2017, a monetary penalty of ₹ 20 million on IDFC Bank Limited (the bank) for contravention of regulatory restrictions pertaining to loans and advances. 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. Th
The Reserve Bank of India (RBI) has imposed on October 23, 2017, a monetary penalty of ₹ 20 million on IDFC Bank Limited (the bank) for contravention of regulatory restrictions pertaining to loans and advances. 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. Th
اکتوبر 24, 2017
The Reserve Bank of India (RBI) has imposed on October 23, 2017, a monetary penalty of ₹ 60 million on Yes Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition Asset Classification (IRAC) norms and delayed reporting of information security incident involving ATMs of the bank. 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
The Reserve Bank of India (RBI) has imposed on October 23, 2017, a monetary penalty of ₹ 60 million on Yes Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition Asset Classification (IRAC) norms and delayed reporting of information security incident involving ATMs of the bank. 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
اکتوبر 24, 2017
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 Esteem Finventures Limited 510, 5th Floor, Deep Shikha, 8, Rajendra Place, New
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 Esteem Finventures Limited 510, 5th Floor, Deep Shikha, 8, Rajendra Place, New
اکتوبر 21, 2017
RBI clarifies that linking Aadhaar to bank accounts is mandatory
Some news items have appeared in a section of the media quoting a reply to a Right to Information Act application that Aadhaar number linkage with bank accounts is not mandatory. The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 published in the Official Gazette on June 1, 2017. These Rules have statutory force and,
Some news items have appeared in a section of the media quoting a reply to a Right to Information Act application that Aadhaar number linkage with bank accounts is not mandatory. The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 published in the Official Gazette on June 1, 2017. These Rules have statutory force and,
اکتوبر 20, 2017
Sovereign Gold Bond 2017-18 Series-V-Issue Price
In terms of GoI notification F. No. 4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from October 23, 2017 to Octob
In terms of GoI notification F. No. 4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from October 23, 2017 to Octob
اکتوبر 18, 2017
The Reserve Bank of India has extended the Directions earlier issued to Navodaya Urban Co-operative Bank Ltd, Nagpur for further three months. The Directions are now valid up to January 15, 2018, subject to review. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). A copy of the Directions is displayed on the bank's premises for perusal by interested members of p
The Reserve Bank of India has extended the Directions earlier issued to Navodaya Urban Co-operative Bank Ltd, Nagpur for further three months. The Directions are now valid up to January 15, 2018, subject to review. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). A copy of the Directions is displayed on the bank's premises for perusal by interested members of p
اکتوبر 17, 2017
North East Small Finance Bank Limited has commenced operations as a small finance bank with effect from October 17, 2017. 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 small finance bank in India. RGVN (North East) Microfinance Limited, Guwahati was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press rele
North East Small Finance Bank Limited has commenced operations as a small finance bank with effect from October 17, 2017. 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 small finance bank in India. RGVN (North East) Microfinance Limited, Guwahati was one of the ten applicants which were issued in-principle approval for setting up a small finance bank, as announced in the press rele
اکتوبر 16, 2017
Award for outstanding writings in the field of Banking Hindi
With a view to encourage original writings and research in Banking Hindi, Reserve Bank of India has launched an ‘Award scheme for outstanding writings in the field of banking Hindi’. Under this scheme, Professors (including Assistant and Associates, etc.) of Indian Universities may be awarded three prizes of ₹ 1,25,000.00 (Rupees one lac twenty five thousand only) each for writing books originally in Hindi on Economics/Banking/Financial subjects. Details of scheme are
With a view to encourage original writings and research in Banking Hindi, Reserve Bank of India has launched an ‘Award scheme for outstanding writings in the field of banking Hindi’. Under this scheme, Professors (including Assistant and Associates, etc.) of Indian Universities may be awarded three prizes of ₹ 1,25,000.00 (Rupees one lac twenty five thousand only) each for writing books originally in Hindi on Economics/Banking/Financial subjects. Details of scheme are
اکتوبر 13, 2017
The Reserve Bank of India has extended directions issued to the HCBL Co-operative Bank Ltd., Lucknow for a further period of six months from October 16, 2017 to April 15, 2018, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since the close of business on April 16, 2015 vide directive dated April 10, 2015. The same has further been extended up to April 15, 2018 vide directive dated October 09, 2
The Reserve Bank of India has extended directions issued to the HCBL Co-operative Bank Ltd., Lucknow for a further period of six months from October 16, 2017 to April 15, 2018, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since the close of business on April 16, 2015 vide directive dated April 10, 2015. The same has further been extended up to April 15, 2018 vide directive dated October 09, 2
اکتوبر 12, 2017
RBI imposes Monetary Penalty on M/s Religare Finvest Ltd
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹20 lakh on M/s Religare Finvest Ltd. (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 An inspection of the company was conducted under section 45N of the RBI Act, 1934 during Se
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹20 lakh on M/s Religare Finvest Ltd. (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 An inspection of the company was conducted under section 45N of the RBI Act, 1934 during Se
اکتوبر 12, 2017
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 Golden Trexim Pvt Ltd (Presently M/s Shri Jagannath Steels & Power Ltd) KJ
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 Golden Trexim Pvt Ltd (Presently M/s Shri Jagannath Steels & Power Ltd) KJ
اکتوبر 12, 2017
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.50 lakh (Rupees Fifty thousand only) on The Anantapur Co-operative Town Bank Ltd., Anantapuramu, Andhra Pradesh 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 Co-operative Societies), for violation of Reserve Bank of India directives and guidelines on loans and advances to directors and their
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.50 lakh (Rupees Fifty thousand only) on The Anantapur Co-operative Town Bank Ltd., Anantapuramu, Andhra Pradesh 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 Co-operative Societies), for violation of Reserve Bank of India directives and guidelines on loans and advances to directors and their
اکتوبر 12, 2017
RBI releases Draft Directions regarding Framework for Authorisation of Electronic Trading Platforms under section 45 W of the RBI Act, 1934
The Reserve Bank of India today released Draft Directions for authorising Electronic Trading Platforms for financial market instruments regulated by the Reserve Bank. Comments on the draft guidelines are invited from banks, market participants and other interested parties by November 10, 2017. Feedback on the draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 1st Floor, Main Building Shahid Bh
The Reserve Bank of India today released Draft Directions for authorising Electronic Trading Platforms for financial market instruments regulated by the Reserve Bank. Comments on the draft guidelines are invited from banks, market participants and other interested parties by November 10, 2017. Feedback on the draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 1st Floor, Main Building Shahid Bh
اکتوبر 11, 2017
Bilingual/Hindi House Magazine Competition for Public Sector Banks/ Financial Institutions – (2016-17)- Inviting Entries
The Reserve Bank of India has been conducting a Bilingual/Hindi House Magazine Competition for Public Sector Banks and Financial Institutions to encourage the use of Hindi (Rajbhasha). All PSBs/FIs are invited to send six copies each of Bilingual/Hindi House Magazine published during April 01, 2016 to March 31, 2017 alongwith the prescribed format duly filled in. The house magazines will be adjudged by an evaluation committee and Rajbhasha Department of Reserve Bank o
The Reserve Bank of India has been conducting a Bilingual/Hindi House Magazine Competition for Public Sector Banks and Financial Institutions to encourage the use of Hindi (Rajbhasha). All PSBs/FIs are invited to send six copies each of Bilingual/Hindi House Magazine published during April 01, 2016 to March 31, 2017 alongwith the prescribed format duly filled in. The house magazines will be adjudged by an evaluation committee and Rajbhasha Department of Reserve Bank o
اکتوبر 10, 2017
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One lakh only) on The Bhavana Rishi Co-operative Urban Bank Ltd., Hyderabad, Telangana 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 Co-operative Societies), for violation of Reserve Bank of India directives and guidelines on loans and advances to directors and their relative
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One lakh only) on The Bhavana Rishi Co-operative Urban Bank Ltd., Hyderabad, Telangana 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 Co-operative Societies), for violation of Reserve Bank of India directives and guidelines on loans and advances to directors and their relative
اکتوبر 10, 2017
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on The Needs of Life Co-operative Bank Ltd, Fort, Mumbai 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 Co-operative Societies), for violations of the directives / guidelines of the Reserve Bank of India relating to the prohibition on loans and advances to Directo
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on The Needs of Life Co-operative Bank Ltd, Fort, Mumbai 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 Co-operative Societies), for violations of the directives / guidelines of the Reserve Bank of India relating to the prohibition on loans and advances to Directo
اکتوبر 06, 2017
Sovereign Gold Bond Scheme
Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. Applications for the bond will be accepted from October 09, 2017 to December 27, 2017, on a weekly basis. The Bonds will be issued on the succeeding Monday after each subscription period. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognised stock exchanges viz., National Stock Exchan
Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. Applications for the bond will be accepted from October 09, 2017 to December 27, 2017, on a weekly basis. The Bonds will be issued on the succeeding Monday after each subscription period. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognised stock exchanges viz., National Stock Exchan
اکتوبر 06, 2017
Sovereign Gold Bond 2017-18 Series-III
In terms of GoI notification F. No. 4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from October 09, 2017 to Octob
In terms of GoI notification F. No. 4(25) – B/(W&M)/2017 and RBI circular IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017, the Sovereign Gold Bond Scheme will be open for subscription from Monday to Wednesday of every week starting from October 09, 2017 until December 27, 2017. The settlement will be made on the first business day of the next week for the applications received during a given week. For the subscription period from October 09, 2017 to Octob
بھارت موبائل ایپلی کیشن کے ریزرو بینک کو انسٹال کریں اور تازہ ترین خبروں تک فوری رسائی حاصل کریں!
صفحے پر آخری اپ ڈیٹ: جولائی 30, 2025
