Monthly Archives: January 2016

RBI revised guidelines on Financial Literacy Centres of Banks

By | January 15, 2016
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RBI/2015-16/286 FIDD.FLC.BC.No.18/12.01.018/2015-16 January 14, 2016 To Chairman/MD & CEO Scheduled Commercial Banks (Including RRBs) Dear Sir/Madam, Financial Literacy Centres (FLCs) – Revised Guidelines Please refer to our circulars RPCD.FLC.No.12452/12.01.018/2011-12 dated June 6, 2012 and RPCD.FLC.No.7641/12.01.018/ 2012-13 dated January 31, 2013issuing operational guidelines for conduct of financial literacy camps by FLCs and rural branches of banks.… Read More »

RBI Clarification on Basel III Capital Regulations

By | January 15, 2016
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RBI/2015-16/285 DBR.No.BP.BC.71/21.06.201/2015-16 January 14, 2016 All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam / Sir, Master Circular – Basel III Capital Regulations – Clarification Please refer to para 7: Coupon Discretion on Additional Tier 1 Debt Capital Instruments of the Circular DBOD.No.BP.BC.38/21.06.201/2014-15 dated September 1, 2014 on ‘Implementation of Basel… Read More »

Protection of Children from Sexual Offences , National Conference

By | January 15, 2016
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one day National Conference on POCSO Act, 2012 calls upon stakeholders to take immediate measures to ensure safe childhood for children A one day National Conference on implementation of the Protection of Children from Sexual Offences (POCSO)Act, 2012 was jointly organized by the Ministry of Women and Child Development and the National Commission for Protection… Read More »

India & World Bank loan agreement for Neeranchal National Watershed Project

By | January 15, 2016
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Government of India and World Bank sign a loan agreement for Neeranchal National Watershed Project. The Government of India today signed a loan agreement with World Bank here for the Neeranchal National Watershed Project. The project to be implemented by the Ministry of Rural Development over a six-year period (2016-21) will support the Pradhan Mantri… Read More »

Govt to issue 2nd tranche of Sovereign Gold Bond Scheme

By | January 15, 2016
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Finance Minister Shri Arun Jaitley: Asks all the banks to make their best efforts to reach-out to potential investors to invest in the Second tranche of the Sovereign Gold Bonds which will be kept open from 18th January, 2016 to 22nd January, 2016                                     The Union Finance Minister Shri Arun Jaitley asked all the… Read More »

RBI notify conditions for Sovereign Gold Bonds 2015-16

By | January 15, 2016
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Reserve Bank of India RBI2015-16/290 IDMD.CDD.No.1573/14.04.050/2015-16 January 14, 2016 The Chairman& Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Stock Holding Corporation of India Ltd.(SHCIL) Dear Sir/Madam, Sovereign Gold Bonds  2015-16 Government of India has vide its Notification F.No. 4(19)-W&M/2014 dated January 14, 2016 announced that the Sovereign Gold Bonds, 2016 (“the Bonds”) will be… Read More »