The circular says that scheduled commercial banks (private, foreign and nationalized banks listed in the schedule of RBI Act, 1934) must proactively create or modify their policies, procedures and technologies based on new security developments and concerns. RBI Circular dated June 2, 2016 on "...
As announced in the Statement on Developmental and Regulatory Policies on June 6, 2019, the existing Directions on money market instruments including call money, commercial paper, certificates of deposit and other debt instruments with original maturity less than one year have been comprehensively ...
2013. Their status as staff candidate will be verified at the time of interview. In case they are not eligible to be treated as staff candidates (in terms of above referred HRMD circular), they are advised to indicate themselves as non-staff candidates and pay fees/ intimation charges as ...
In the RBI’s circular, NCD is defined as a secured money market instrument with an original or initial maturity up to one year. When an issuer fails to repay a coupon or redemption, either fully or partially, of a CP and/or NCD, they must notify the IPA (Issuing and Paying Agent) ...
Half Yearly (Jan- June 2024) 2024 Book Banking Awareness PreviewBuy Now Topic: RBI 1. On 6 July, 33rdConference of State Finance Secretaries conducted in Mumbai. RBI governor inaugurated the conference which was attended by the Finance secretaries from 23 states and 1 UT. ...
However, in June 2019 following concerns raised by the industry, RBI went on to clarify theguidelines: What data should be stored in India?The central bank elaborated on data that had to be stored in India mandatorily: Customer data: Name, mobile number, email, Aadhaar number, PAN number, ...
The circular also stressed upon the importance of cybersecurity and cyber-risk frameworks. Moreover, it was also mentioned that banks maintain continuous surveillance of both online and offline access to bank systems. Vulnerabilities must also be tested on a regular basis to ensure that there is ...
18. DBOD.No.FSC.BC.47/C.469-1990-91 November 7, 1990 Entry of Banks into Domestic Credit Card Business 19. DBOD.No.BP(FSC).BC.144/C.4691988-89 June 30, 1989 Entry of Banks into Domestic Credit Card Business (b) All approvals/acknowledgements given under the ...
The circular says that scheduled commercial banks (private, foreign and nationalized banks listed in the schedule of RBI Act, 1934) must proactively create or modify their policies, procedures and technologies based on new security developments and concerns. RBI Circular dated June 2, 2016 on "...
In June, however, the cost of manufactured goods increased by 0.14% over May. In the last four months, this was the slowest rise. For the fourth consecutive month, fuel and power inflation was sequentially negative at -1.93%. Topic: RBI ...