Sovereign Gold Bond Scheme 2017-18 Issue Price for the next subscription period i.e. October 23-25, 2017 would be Rs. 2,971 per gram with Settlement on October 30, 2017 The Government of India, in consultation with the Reserve Bank of India (RBI), had floated Series III of Sovereign Gold Bonds 2017-18, for the period from October 09, 2017 to December 27, 2017 (with … [Read more...] about Sovereign Gold Bond Scheme 2017-18 Issue Price for the next subscription period i.e. October 23-25, 2017 would be Rs. 2,971 per gram with Settlement on October 30, 2017
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RBI
The promulgation of Banking Regulation (Amendment) Ordinance, 2017 will lead to effective resolution of stressed assets, particularly in consortium or multiple banking arrangements
The promulgation of Banking Regulation (Amendment) Ordinance, 2017 will lead to effective resolution of stressed assets, particularly in consortium or multiple banking arrangements The Ordinance enables the Union Government to authorize the Reserve Bank of India (RBI) to direct banking companies to resolve specific stressed assets The promulgation of the Banking … [Read more...] about The promulgation of Banking Regulation (Amendment) Ordinance, 2017 will lead to effective resolution of stressed assets, particularly in consortium or multiple banking arrangements
RBI: Systems and Controls for conduct of government banking
RESERVE BANK OF INDIA www.rbi.org.in RBI/2016-17/271 DGBA.GAD.No.2646/31.02.007/2016-17 April 7, 2017 All Agency Banks Dear Sir/Madam, Systems and Controls for conduct of government banking Please refer to our Master Circulars DGBA.GAD.No.2/31.12.010/2015-16 dated July 1, 2015 on Conduct of Government Business by Agency Banks – Payment of Agency Commission and … [Read more...] about RBI: Systems and Controls for conduct of government banking
More than 2 dozen companies want collaboration with India Post Payments Bank-Manoj Sinha
More than 2 dozen companies want collaboration with India Post Payments Bank-Manoj Sinha Government has said that there are many companies who have approached the Department of Posts for collaboration with India Post Payments Bank. Replying to a question in the Rajya Sabha, the Minister of Communications Shri Manoj Sinha said that while the Department is in various stages of … [Read more...] about More than 2 dozen companies want collaboration with India Post Payments Bank-Manoj Sinha
No Limits on Cash Withdrawal from Savings Accounts from Today
No Limits on Cash Withdrawal from Savings Accounts from Today "Effective March 13, 2017, there will be no limits on cash withdrawals from Savings Bank accounts - RBI" Keeping up with the pace of re-monetisation, Reserve Bank of India has lifted all the limitations that were placed on cash withdrawals that were placed since November 8th last year. This means the state of … [Read more...] about No Limits on Cash Withdrawal from Savings Accounts from Today
Reserve Bank: Limit on Cash Withdrawals from SB Accounts raised to Rs.50, 000 per week
Reserve Bank: Limit on Cash Withdrawals from SB Accounts raised to Rs.50, 000 per week Reserve Bank today announced that the cash withdrawal limits on savings bank account to be raised to Rs 50,000 per week from the existing limit of Rs.24,000 from Feb 20. And also the limits on cash withdrawals from savings bank account would be removed from March 13. Removal of … [Read more...] about Reserve Bank: Limit on Cash Withdrawals from SB Accounts raised to Rs.50, 000 per week
Reserve Bank of India (RBI) is set to announce bi-monthly monetary policy review
Reserve Bank of India (RBI) is set to announce bi-monthly monetary policy review The Reserve Bank of India (RBI) is set to announce bi-monthly monetary policy review on Wednesday. A lot of predictions have been done by the analysts and experts on whether the central bank should maintain a status quo or cut the interest rates. In the last monthly policy, held on … [Read more...] about Reserve Bank of India (RBI) is set to announce bi-monthly monetary policy review
India Post Payments Bank will be a game changer for financial inclusion – Manoj Sinha
Press Information Bureau, Government of India Ministry of Communications & Information Technology 30-January, 2017 18:27 IST India Post Payments Bank will be a game changer for financial inclusion -Manoj Sinha IPPB branches launched in Ranchi & Raipur Finance Minister, Shri Arun Jaitley and Minister of Communications Shri Manoj Sinha launched the … [Read more...] about India Post Payments Bank will be a game changer for financial inclusion – Manoj Sinha
RBI Circular: No Limit for Cash Withdrawal from ATMs from February 1
RBI Circular: No Limit for Cash Withdrawal from ATMs from February 1 Limits on Cash withdrawals from Bank accounts and ATMs - Restoration of status quo ante RESERVE BANK OF INDIA www.rbi.org.in RBI/2016-17/217 DCM (Plg) No. 2905/10.27.00/2016-17 January 30, 2017 The Chairman / Managing Director / Chief Executive Officer, Public Sector Banks / … [Read more...] about RBI Circular: No Limit for Cash Withdrawal from ATMs from February 1
Section of bank employees threaten nation-wide strike on Feb 7
Section of bank employees threaten nation-wide strike on Feb 7 New Delhi: A section of bank trade unions have threatened to go on a day-long nation-wide strike on February 7 to press various demands including complete removal of restrictions imposed during demonetisation period and safeguarding the autonomy of the Reserve Bank of India. "It was expected that the … [Read more...] about Section of bank employees threaten nation-wide strike on Feb 7
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