FAQ Page 1 - RBI - Reserve Bank of India
Domestic Deposits
IV. Advances against shares and debentures
Indian Currency
D) Soiled and Mutilated Banknotes
Reserve Bank of India has been continuously making efforts to make good quality banknotes available to the members of public. To help RBI and the banking system towards this objective, the members of public are requested to ensure the following:
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Not to staple the banknotes
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Not to write/put rubber stamp or any other mark on the banknotes
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Not to use banknotes for making garlands/toys, decorating pandals and places of worship or for showering on personalities in social events, etc.
All you wanted to know about NBFCs
D. Definition of deposits, Eligible / Ineligible Institutions to accept deposits and Related Matters
Foreign Investment in India
III. Investment in other securities
FAQs on Non-Banking Financial Companies
Liquid Asset requirement
External Commercial Borrowings (ECB) and Trade Credits
J. Reporting
Core Investment Companies
Core Investment Companies (CICs)
Ans: Registered CICs with assets < Rs.500 crore shall follow the asset classification norm as specified in the Non-Systemically Important Non-Banking Financial (Non-Deposit accepting or holding) Companies Prudential Norms (Reserve Bank) Directions, 2015 and those with assets >= Rs.500 crore shall follow the asset classification norm applicable to NBFCs with assets > = Rs. 500 crore as specified in the Systemically Important Non-Banking Financial (Non-Deposit accepting or holding) Companies Prudential Norms (Reserve Bank) Directions, 2015.
Domestic Deposits
IV. Advances against shares and debentures
Retail Direct Scheme
Investment and Account holdings related queries
Indian Currency
D) Soiled and Mutilated Banknotes
Banknotes returned from circulation are received at the Issue Offices of the Reserve Bank of India. The Reserve Bank of India, inter alia, uses highly sophisticated Currency Verification & Processing Systems (CVPS) machines and Shredding and Briquetting Systems (SBS) machines to verify these notes for genuineness, arithmetical accuracy and segregation of notes into fit for reissue and destruction of soiled (unfit) notes."
Page Last Updated on: December 10, 2022