RBI/2016-17/257 DPSS.CO.CHD.No./2695/03.01.03/2016-17 March 25, 2017 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Payment systems to remain open on all days from March 25, 2017 to April 1, 2017 A reference is… Read More »
Date : Mar 26, 2017 The R S Co-operative Bank Ltd. Mumbai, Maharashtra, was placed under directions vide directive dated June 24, 2015, from close of business on June 26, 2015. The validity of the directions was extended and modified from time to time vide subsequent Directives, the last being dated January 31, 2017 and… Read More »
RBI/2016-17/255 DPSS.CO.CHD.No./2656/03.01.03/2016-17 March 23, 2017 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing operations on March 30 and 31, 2017 A reference is invited to the… Read More »
Goa Budget Speech 2017
MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 21st March, 2017 No. 42/2015-2020 Subject: Amendments in Chapter 4 of the Foreign Trade Policy 2015-20 S.O. 905(E).— In exercise of powers conferred by Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 of the Foreign… Read More »
Master Directions on Issuance and Operation of Prepaid Payment Instruments in India RBI/DPSS/2016-17/53 DPSS.CO.PD. No. /02.14.006/2016-17 Dated 20.03.2017 Download Master Direction
RESERVE BANK OF INDIA (Financial Markets Regulatory Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 17th March, 2017 No. FEMA. 384/RB-2017 Foreign Exchange Management (Foreign Exchange Derivative Contracts) (Amendment) Regulations, 2017 G.S.R. 260(E).—In exercise of the powers conferred by clause (h) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999),… Read More »
Due date of filing DVAT return for third quarter extended to March 31, 2017
Macroeconomic Impact of Demonetisation- A Preliminary Assessment Macroeconomic Impact of Demonetisation – A Preliminary Assessment* Demonetisation announced on November 8, 2016 was aimed at addressing corruption, black money, counterfeit currency and terror financing. Although demonetisation holds huge potential benefits in the medium to long-term, given the scale of operation, it was expected to cause… Read More »
Resolution of Stressed Assets by Banks Total Stressed Assets (Gross Non Performing Assets and Restructured Standard Advances) of Scheduled Commercial Banks (SCBs) was Rs.9.64 lakh crore as on Dec 31, 2016 and Reduction in NPAs- due to actual recoveries (April to Dec) for SCBs are Rs.46,245 crore at the end of Dec 31, 2016 for… Read More »