Category Archives: other Acts

Use of Old bank Note Rs 500 – Specified Transactions till 15 Dec 2016

By | November 26, 2016

Use of Old bank Note Rs 500 – Specified Transactions till 15 dec 2016 Till the December 15, 2016, specified banknotes of only 500 denomination can be used as under:— (a) for making payments in Government hospitals for medical treatment and pharmacies in Government hospitals for buying medicines with doctor’s prescription; (b) at railway ticketing… Read More »

Govt Oil Bonds eligible collateral under LAF/MSF & Removal of Margin Requirement for Reverse Repos

By | November 26, 2016

Liquidity Adjustment Facility – Oil Marketing Companies’ Government of India Special Bonds (Oil Bonds) as eligible collateral under LAF/MSF and Removal of Margin Requirement for Reverse Repos RBI/2016-2017/156 FMOD.MAOG No. 117/01.01.001/2016-17 November 25, 2016 All Scheduled Commercial Banks (excluding RRBs) Scheduled Urban Co-operative Banks and Standalone Primary Dealers Dear Sir/Madam, Liquidity Adjustment Facility – Oil… Read More »

Exchange of Old bank Notes to foreign tourists visiting India

By | November 26, 2016

Exchange facility to foreign citizens RBI/2016-17/157 A.P. (DIR Series) Circular No.20 November 25, 2016 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention of Authorized Persons is invited to the A.P. (DIR Series) Circular No. 16 dated November 9, 2016 giving certain exemptions to foreign tourists visiting India. In supersession of… Read More »

Weekly limit for Withdrawal of cash Rs 24000 continue : RBI

By | November 26, 2016

Withdrawal of cash – Weekly limit RBI/2016-17/158 DCM (Plg) No.1424/10.27.00/2016-16 November 25, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks Dear Sir, Withdrawal of cash – Weekly limit Please refer to… Read More »

Exchange of Old Bank Notes at RBI counters to continue

By | November 26, 2016

ithdrawal of Legal Tender Status of ₹ 500 and ₹ 1000: Exchange Facility at RBI to continue Date : Nov 25, 2016 The Reserve Bank of India advises members of public that exchange of banknotes in ₹ 500 and ₹ 1000 denominations, whose legal tender status has been withdrawn, will continue to be available at… Read More »

CPT Dec 2016 Admit cards

By | November 25, 2016

Announcement Admit cards – CPT December 2016 24th November, 2016 Admit cards in respect of candidates admitted to the CPT December 2016 examination, with their photographs and signatures on them, are hosted on icaiexam.icai.org Candidates may print their admit cards from the said website. For downloading/printing of the admit cards, candidates will have to login… Read More »

Discontinuation of over the Counters Exchange of Rs 500 and Rs 1000 Bank Note : RBI

By | November 25, 2016

Discontinuation of over the Counters Exchange of SBN RBI/2016-17/155 DCM (Plg) No.1391/10.27.00/2016-17 November 24, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir, Discontinuation of over the Counters Exchange of SBN Please refer to our… Read More »

Appointment of director in banks – RBI added new subjects

By | November 24, 2016

Special knowledge or practical experience useful to banking companies RBI/2016-17/152 DBR.Appt.BC.No.39/29.39.001/2016-17 November 24, 2016 All Commercial Banks excluding RRBs Dear Sir / Madam, Special knowledge or practical experience useful to banking companies In the backdrop of innovations in banking and technology, it is felt that the domain knowledge and experience enumerated under various statutory provisions… Read More »

Category: RBI

Guarantee Bond Format to decongest storage facilities at banks

By | November 24, 2016

[ Deposit under Guarantee Scheme to decongest the storage facilities at banks ] Annex – Guarantee Bond Format The Regional Director / Chief General Manager Reserve Bank of India Issue Department (Address) Dear Sir, In consideration of the Reserve Bank of India consenting to make an immediate payment of the value of exchange for the… Read More »