Date : Nov 22, 2016 Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- Exchange Facility – Reports of misuse – Caution to Public The facility for public to exchange the specified bank notes (old notes in ₹ 500 and ₹ 1000) for legal tender… Read More »
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Revisions RBI/2016-17/146 DCM (Plg) No.1323/10.27.00/2016-17 November 21, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District… Read More »
Cash Withdrawal for Marriage from Bank – Application Form Download Annex – Application Form for Cash Withdrawal from Bank for Marriage Related Post / Government circular for cash withdrawal for shadi / Marriage Cash withdrawal for Marriage – RBI circular / Notification
Cash Withdrawal for Marriage from Bank – Application Form Download Annex – Application Form for Cash Withdrawal from Bank for Marriage Related Post Cash withdrawal for Marriage – RBI circular / Notification
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration of wedding RBI/2016-17/145 DCM (Plg) No.1320/10.27.00/2016-17 November 21, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks Regional Rural Banks /… Read More »
HIGH DENOMINATION BANK NOTES (DEMONETISATION) ACT, 1978 [11 OF 1978] Section – 1, High Denomination Bank Notes (Demonetisation) Act, 1978 An Act to provide in the public interest for the demonetisation of certain high denomination bank notes and for matters connected therewith or incidental thereto. WHEREAS the availability of high denomination bank notes facilitates the… Read More »
Section 26 of Reserve Bank of India Act 1934 Legal tender character of notes. 26. (1) Subject to the provisions of sub-section (2), every bank note shall be legal tender at any place in 1[India] in payment or on account for the amount expressed therein, and shall be guaranteed by the Central Government. (2) On… Read More »
Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances RBI/2016-17/143 DBR.No.BP.BC.37/21.04.048/2016-17 November 21, 2016 All Entities Regulated by the Reserve Bank of India Madam / Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances It has been represented to us that consequent upon withdrawal of the legal… Read More »
Withdrawal of Legal Tender Character of Specified Bank Notes – Cash Withdrawal Limit RBI/2016-17/142 DCM (Plg) No.1317/10.27.00/2016-17 November 21, 2016 The Chairman / Managing Director/Chief Executive Officer Public Sector Banks / Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks/ District Central Cooperative Banks Dear Sir, Withdrawal of… Read More »
Withdrawal of Legal Tender Status of Banknotes of ₹ 500 and ₹ 1000: Activity at Banks during November 10 to November 18, 2016 Date : Nov 21, 2016 Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the… Read More »