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
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June 30th is the last date to exchange pre-2005 Currency Notes including the denominations of Rs.500 and Rs.1000
June 30th is the last date to exchange pre-2005 Currency Notes including the denominations of Rs.500 and Rs.1000. Deposit Pre-2005 Currency Notes in Your Bank Accounts before June 30, 2015: RBI urges Public Soliciting cooperation from the public in withdrawing these notes from circulation, the Reserve Bank of India has urged them to deposit the old design notes in … [Read more...] about June 30th is the last date to exchange pre-2005 Currency Notes including the denominations of Rs.500 and Rs.1000
New Norms for Credit Cards
Press Information Bureau Government of India Ministry of Finance 08-March-2013 18:33 IST New Norms for Credit Cards Reserve Bank of India (RBI) vide Circular dated 28.02.2013on “Security and Risk Mitigation Measures for Electronic Payment Transactions” has directed banks to put in place the following safety measures for Credit and Debit Card Transactions : • All … [Read more...] about New Norms for Credit Cards
New Format Cheques CTS-2010 Standards will be implemented from 1st January, 2013
New Format Cheques CTS-2010 Standards will be implemented from 1st January, 2013 CTS- 2010 Standards implementation : Standardisation and Enhancement of Security Features in Cheque Forms, the introduction and implementation of additional security features on cheque forms will commence from 1.1.2013, this Guidance Note will be called CTS-2010. Important things on new … [Read more...] about New Format Cheques CTS-2010 Standards will be implemented from 1st January, 2013
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