Category Archives: other Acts

Specific Relief (Amendment) Act 2018 :Notification : Download /Print

By | August 2, 2018

Specific Relief (Amendment) Act 2018 MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 1st August, 2018/Shravana 10, 1940 (Saka) The following Act of Parliament received the assent of the President on the 1st August, 2018, and is hereby published for general information:— THE SPECIFIC RELIEF (AMENDMENT) ACT, 2018 NO. 18 OF 2018 [1st… Read More »

Reverse Repo Rates w.e.f 01.08.2018 Revised by RBI

By | August 2, 2018

Liquidity Adjustment Facility – Repo and Reverse Repo Rates RBI/2018-2019/31 FMOD.MAOG. No.126 /01.01.001/2018-19 August 1, 2018 All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Madam/Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced in the Third Bi-monthly Monetary Policy Statement, 2018-19 today, it has been decided by the… Read More »

Category: RBI

Marginal Standing Facility Rate revised from 01.08.2018 by RBI

By | August 2, 2018

Marginal Standing Facility RBI/2018-2019/30 FMOD.MAOG.No.127/01.18.001/2018-19 August 1, 2018 All Scheduled Commercial Banks (excluding RRBs) Madam/Sir, Marginal Standing Facility As announced in the Third Bi-monthly Monetary Policy Statement, 2018-19 today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.25… Read More »

Category: RBI

Change in Bank Rate w.e.f 01.08.2018 by RBI

By | August 2, 2018

RBI/2018-19/32 DBR.No.Ret.BC.03/12.01.001/2018-19 August 1, 2018 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.107/12.01.001/2017-18 dated June 6, 2018 on the captioned subject. 2. As announced in the Third Bi-Monthly Monetary Policy Statement 2018-19 dated August 1, 2018, the Bank Rate stands adjusted… Read More »

Category: RBI

Changes in Standing Liquidity Facility w.e.f 01.08.2018 by RBI

By | August 2, 2018

Standing Liquidity Facility for Primary Dealers RBI/2018-19/33 REF. No. MPD.BC. 384/07.01.279/2018-19 August 01, 2018 All Primary Dealers, Standing Liquidity Facility for Primary Dealers In the Third Bi-monthly Monetary Policy Statement 2018-19 of the Monetary Policy Committee (MPC), the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points to 6.50 per… Read More »

Category: RBI

Incorporation of Name of Purchaser on Face of Demand Draft : RBI Instructions

By | July 12, 2018

Incorporation of Name of the Purchaser on the Face of the Demand Draft : Reserve Bank of india RBI/2018-19/14 DBR.AML.BC.No.210/14.01.001/2018-19 July 12, 2018 The Chairperson/CEOs of all Scheduled Commercial Banks including Regional Rural Banks/Urban Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks/Local Area Banks/Small Finance Banks/Payment Banks Dear Sir/Madam, Incorporation of Name of the Purchaser… Read More »

UDIN for CA : Free Study Material

By | July 8, 2018

UDIN for CA : Free Study Material Mandatory UDIN for All Attest / Assurance/Audit functions by CA’s from 1st July 2019 UDIN for Bank Audit by CA : FAQs UDIN Mandatory for GST and Tax Audit Reports from 01.04.2019 Help desk of UDIN for CA certificate 42 FAQs on UDIN for Chartered Accountant Certificate UDIN… Read More »

RBI Master Direction on Currency Distribution & Exchange Scheme

By | July 5, 2018

Master Direction on Currency Distribution & Exchange Scheme (CDES) based on performance in rendering customer service to the members of public RBI/DCM/2018-19/63 Master Direction DCM (CC) No.G-3/03.41.01/2018-19 July 3, 2018 The Chairman and Managing Director / Chief Executive Officers, All Banks Madam / Dear Sir, Master Direction on Currency Distribution & Exchange Scheme (CDES) based… Read More »

Currency Chest Transaction : RBI Master Direction on Levy of Penal Interest for Delayed Reporting / Wrong Reporting / Non-Reporting

By | July 5, 2018

Master Direction on Levy of Penal Interest for Delayed Reporting / Wrong Reporting / Non-Reporting of Currency Chest Transactions and Inclusion of Ineligible Amounts in Currency Chest Balances RBI/DCM/2018-19/62 Master Direction DCM (CC) No. G – 5/03.35.01/2018-19 July 3, 2018 1. The Chairman & Managing Director/Chief Executive Officer (All Banks having Currency Chests) 2. The… Read More »

Category: RBI