The Foreign Exchange Transfer Department (RBI) hereby bring to your attention of the payment of your deposited fund here in the RBI, you were listed as a beneficiary in the recent schedule for payment of the past edition email/sms award incurred by the BRITISH GOVERNMENT, which is yet unclaim...
objectives of the rbi the goals of the rbi are listed below: supervising and conducting various financial sector projects comprising commercial banks, financial institutions and non-banking financial firms. management of the currency crisis in the nation’s economy. management of the reserve to ensure...
Currency Issue and Circulation-As RBI issues coins and currency, RBI Grade B Officers are responsible for its circulation to the various nationalized banks covered under the boundaries of RBI. Also, the smooth functioning of the currency till the subordinate units of RBI is an important duty of ...
“From all registered or licensed lenders with the RBI, the banks and the NBFCs, we have collected the list of apps and have given it to the government, the Ministry of Information and Technology, which has uploaded it on their website. […] Now, it’s a long list. The responsibility...
banks, regional rural banks, and various local area banks. all these and many more responsibilities are shouldered by the person serving as the governor in the reserve bank of india. list of governors of reserve bank of india the list of rbi governors from 1935 to 2021 is as mentioned ...
The Reserve Bank of India (RBI) is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India. RBI regulates commercial banks and non-ban...
Five of them are from the public sector (IOCL, LIC, ONGC, BPCL and SBI) and four are from the private sector. Companies are ranked by total revenues for their respective fiscal years that ended on or before March 31, 2024, in the Fortune Global 500 list. In 2023, the Fortune Global ...
Banks need to ensure the protection of various personal and sensitive information collected from consumers and preserve its Confidentiality, Integrity and Availability regardless of whether the data is stored (or in transit) within the bank, with customers, or with third party vendors. RBI recommends...
The proposed rules will be effective from fiscal year 2024-25 onwards. RBI has invited public feedback on the proposed rules by 31 January, 2024. The draft circular will be implemented from April 2024 onwards. As per the proposal, banks with net non-performing asset ratio (NNPA) of more ...
The Bank must also carry out on-going due diligence. A bank must update an AePS touchpoint operator’s KYC, if they have not performed any financial transaction for a continuous period of six months. Further, theNPCI and the banks must ensure that an AePS touchpoint operator is onboarded...