Opening of Current Accounts by Banks – Need for Discipline : RBI RBI/2020-21/20 DOR.No.BP.BC/7/21.04.048/2020-21 August 6, 2020 All Scheduled Commercial Banks All Payments Banks Madam/Dear...
All you wanted to know about new RBI “Floating Rate Savings Bonds” Balwant Jain After discontinuing its 7.75% fixed interest rate bonds on 28th May2020,...
RBI Monetary Policy LIVE Updates: MPC keeps Repo rate unchanged The MPC also decided to continue with the accommodative stance as long as it is...
RBI was justified in placing limits from withdrawal from account of PMC bank Bombay High Court has ordered that, RBI was justified in placing limits...
Annual Return on Foreign Liabilities and Assets (FLA Return)- An Analysis 1. Compliance Particular: Annual Return on Foreign Liabilities and Assets (FLA Return) 2.Requirement: FLA...
RBI removes withdrawal limits on current accounts The Reserve Bank of India (RBI) removed cash withdrawal limits at ATMs from 1 February and on current...
FAQ’s Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 1. What is Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 Pradhan Mantri Garib Kalyan Deposit...
Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 The Government of India has vide the notification no. S.O. 4061 (E) dated December 16, 2016 announced...
Filing of Revised Income Tax Returns by the Tax Payers Post De-Monetisation of Currency Under the existing provisions of Section 139(5) of the Income-tax Act,...
Reserve Bank of India (RBI) has amended its know your customer (KYC) norms to allow banks to open new accounts using one time pins (OTPs)...
Over Rs. 4,27,000 Lacs Cr. issued to public either by Bank or through ATMs: RBI Date : Dec 08, 20 Activity at Banks during November...
After sudden increase in cash depoit in Jan -Dhan-accounts of poor persons amounting Rs. 73000 cr, RBI has fixed the withdrwal limit from such account....
