Date : Oct 21, 2017 Linking Aadhaar to bank accounts is mandatory Some news items have appeared in a section of the media quoting a reply to a Right to Information Act application that Aadhaar number linkage with bank accounts is not mandatory. The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank… Read More »
Further Relaxation in the eligibility criteria for Direct Entry Students registering from 1st July, 2017 to 31st July, 2017 for appearing in May, 2018 Intermediate Examination under Revised Scheme of Education and Training – (14-10-2017) ANNOUNCEMENT 13th October, 2017 Sub: Further Relaxation in the eligibility criteria for Direct Entry Students registering from 1st July, 2017… Read More »
RBI/2017-18/71 IDMD.CDD.No.929/14.04.050/2017-18 October 06, 2017 The Chairman & Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding Corporation of India Ltd.(SHCIL) National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bond Scheme Government of India has vide its Notification F.No. 4(25)-B/(W&M)/2017 dated October 06, 2017 announced… Read More »
Sovereign Gold Bond Scheme 2017 -18– Series-III Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds 2017-18 – Series-III. Applications for the bond will be accepted from October 09, 2017 to December 27, 2017. The Bonds will be issued on the succeeding Monday after each subscription… Read More »
Finance Ministry: Demonetization immensely beneficial to Indian Economy and People The Government of India decided to cancel the Legal Tender Status of Rs.1000 and Rs.500 denomination currency notes on 8thNovember 2016 with several objectives: (i) flushing out black money, (ii) eliminate Fake Indian Currency Notes (FICN), (iii) to strike at the root of financing of… Read More »
Status of the Return of SBNs – Reserve Bank of India (RBI) Annual Report 2016-17 The RBI Annual Accounts for 2016-17, at note XI.6.2 Liabilities of Issue Department – Notes Issued in para (ii) mentions – “Until June 30, 2017, SBNs were received by the Reserve Bank either directly or from bank branches/post offices through the… Read More »
RBI Introduces Rs 50 banknote in Mahatma Gandhi (New) Series The Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage.… Read More »
Unclaimed Amounts of Policyholders Ref: IRDA/F&A/CIR/Misc/173/07/2017 Date: 25-07-2017 Master Circular: Unclaimed Amounts of Policyholders The Authority has issued various directions regarding the Unclaimed Amounts of Policyholders from time to time. All the earlier directions are now being consolidated and issued in the form of a Master Circular which is attached herewith. The Government of India has brought… Read More »
Multipurpose Empanelment Form for the year 2017-18 Online Multipurpose Empanelment Form (MEF) for the year 2017-18 is live at www.meficai.org. The last date for submission of online MEF Form for the year 2017-18 is 15th August, 2017 and for submission of hard copy of “DECLARATION FOR MEF 2017-18” is 22nd August, 2017. In case, an applicant faces any problem regarding MEF,… Read More »
Date : Jul 14, 2017 RBI Reference Rate for US $ The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.4539 on July 14, 2017. The corresponding rate for the previous day (July 13, 2017) was ₹ 64.4384. Based on the reference rate for the US Dollar and the middle rates of… Read More »