As the Government of India has declared that currency notes of Rs. 500 and Rs. 1,000 denominations will not be valid from midnight of November 8, 2016, citizens will have to surrender the old notes at any branch of a bank or post office to get the new notes. However govt notified two more items… Read More »
Master Directions – Mortgage Guarantee Companies (Reserve Bank) Directions, 2016 RBI/DNBR/2016-17/50 Master Direction DNBR.(PD-MGC) No. 01/23.11.001/2016-17 November 10, 2016 Master Directions – Mortgage Guarantee Companies (Reserve Bank) Directions, 2016 The Reserve Bank of India (the Bank) having considered it necessary in the public interest and being satisfied that, for the purpose of enabling the Bank… Read More »
Withdrawal of Legal Tender Status for ₹ 500 and ₹ 1000 Notes – Related Links Reserve bank of India of Notifications, Press Release FAQ Withdrawal of Legal Tender Status for ₹ 500 and ₹ 1000 Notes and Security Features of New Notes (RS 500 and Rs 2000) Notifications Payment Systems to remain open on Saturday, November 12… Read More »
Repo / Reverse Repo Transactions with RBI RBI/2016-17/117 FMOD.MAOG.No.116/01.01.001/2016-17 November 10, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Dear Sir/Madam, Repo / Reverse Repo Transactions with RBI Please refer to circular No. FMRD.DIRD.10/14.03.002/2015-16 dated May 19, 2016, on the captioned subject. 2. In this connection,… Read More »
Setting up of IFSC Banking Units (IBUs) – Permissible activities RBI/2016-17/118 DBR.IBD.BC.32/23.13.004/2016-17 November 10, 2016 Chairman/Managing Director and CEOs All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir/Madam, Setting up of IFSC Banking Units (IBUs) – Permissible activities Please refer to our circular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015 setting out RBI directions relating to… Read More »
RBI/2016-17/119 DBR.No.BP.BC.29/21.06.201/2016-17 November 10, 2016 The Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam / Dear Sir, Guidelines for computing exposure for counterparty credit risk arising from derivative transactions Please refer to the paragraph 4 of the Statement on Developmental and Regulatory Policies issued by RBI on October… Read More »
Guidelines on capital requirements for bank exposures to central counterparties RBI/2016-17/120 DBR.No.BP.BC.30/21.06.201/2016-17 November 10, 2016 The Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Excluding Regional Rural Banks) Madam / Dear Sir, Guidelines on capital requirements for bank exposures to central counterparties Please refer to the paragraph 4 of Statement on Developmental and Regulatory… Read More »
Scheme for Sustainable Structuring of Stressed Assets – Revisions RBI/2016-17/121 DBR.No.BP.BC.33/21.04.132/2016-17 November 10, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies, including Securitisation Companies/ Reconstruction Companies Madam / Dear Sir, Scheme for Sustainable Structuring of Stressed Assets – Revisions We invite a… Read More »
RBI/2016-17/122 DBR.No.BP.BC.34/21.04.132/2016-17 November 10, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies, including Securitisation Companies/ Reconstruction Companies Madam / Dear Sir, Schemes for Stressed Assets – Revisions In the recent past, the Reserve Bank of India has taken various regulatory measures to… Read More »
COMMERCIAL CIRCULAR No. 59 of 2016 GOVERNMENT OF INDIA MINISTRY OF RAILWAYS RAILWAY BOARD No. TC-II/2003/2016/refund New Delhi, 10/11/2016 To Chief Commercial Managers All zonal Railways Managing Director/CRIS/Chankyapuri/New Delhi Managing/Director/IRCTC/New Delhi Sub: Revision in the procedure of cancellation and refund of value of Rs. 10,000/ and above for the PRS counter tickets booked from… Read More »