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 "...
Furthermore, up to a limit of ₹1 crore per borrower/party, at least 50% of their loans must be in quantities that don't exceed ₹25 lakh or 0.2% of Tier-capital. Topic: Banking System 2. Write-offs in scheduled commercial banks (SCBs) have declined by over 27% over the last ...
RBI circular on Maintenance of Cash Reserve Ratio (CRR) by Scheduled State Co-operative Banksraj kumar makkadEmail thisPrint this
The new system will start with reporting by scheduled commercial banks and will be slowly extended to urban cooperative banks (UCBs) and non-banking financial companies (NBFCs). Topic: Appointments 4. SBI Card has appointed Abhijit Chakravorty as MD and CEO for 2 years. ...
HOUSINGFINANCE (updateduptoJune30,2006) DepartmentofBankingOperationsandDevelopment ReserveBankofIndia CentralOffice Mumbai 2 RBI/2006-07/10 DBOD.No.DIR.(Exp).BC.04/08.12.01/2006-07July1,2006 Aashadha10,1928(Saka) AllScheduledCommercialBanks (excludingRRBs) DearSirs, MasterCircularon HOUSINGFINANCE...
They must also ensure that the name of their caste/community and its spelling in their caste/community certificate should be exactly as mentioned in the lists notified by the central government from time to time (for OBC category list of castes recognized by the Government of India as OBC ...
The Reserve Bank of India introduced the CBDC, e-rupee, in pilot mode in2022.The currency is in the form of a digital token, not unlike cryptocurrency. However, it is centralised and regulated by the Central Bank. The RBI called it a legal tender. Currently, 13 banks offer CBDC through...
I was planning to do a further detailed writeup on this. But I came across a very useful twitter thread by Manoj Nagpal (link). Since it had a list of Q&As, I decided not to reinvent the wheel and took permission from Manoj to replicate his FAQs here. ...
However, you do not need to wait for one year if you have missed any of the publicly scheduled corrosion courses as we have this unique corrosion course-on-demand scheme: we will conduct the course just for you on an one-on-one basis at a time and a location convenient to you. This...
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 "...