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 "...
The Reserve Bank of India issued norms for uniformity in the treatment of Bad and Doubtful Debt Reserve (BDDR) for prudential purposes. These revised norms will be for Urban cooperative Banks, State Cooperative Banks and Central cooperative Banks. ...
As per RBI governor Shaktikanta Das, it would lead to a paradigm shift in the Reserve Bank’s economic analysis as well as supervision, monitoring and enforcement across multiple domains. The new system will start with reporting by scheduled commercial banks and will be slowly extended to urban...
RBI Assistant The Reserve Bank of India invites applications from eligible candidates for 950 posts of “Assistant” - 2021 in various offices of the Bank. Selection for the post will be through a country-wide competitive examination in two phases i.e. P
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Updated List of Banks Enabled for Direct Tax Payments on e-Filing Portal GST Taxpayers to Get 2 Months to Accept or Reject Credit Notes Under Amended CGST Rules ICAI Advocates Progressive Taxation: Key Suggestions Considered in Union Budget 2025 ...
RBI circular on Maintenance of Cash Reserve Ratio (CRR) by Scheduled State Co-operative Banksraj kumar makkadEmail thisPrint this
A– Technically RBI has given an option. But very clearly they expect all Banks to offer this facility. Every Bank may have a slightly different operating process Q– If I don’t pay EMIs in the period, Will I have to pay all together at the end of this 3 month period?
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 Asyouareaware,inordertohaveallcurrentinstructionsonasubjectatoneplace,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 "...