RBI/2011-12/2 Master Circular No
Minimum capital adequacy ratio has been kept at 15% for a small finance bank and payment banks. It has been kept at 9% for local area banks and regional rural banks. According to the RBI’s circular, banks must compute dividends on the basis of the “dividend payout ratio”. Dividend p...
RBI Circular dated October 19, 2018 on "Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)" https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11397&Mode=0 RBI recommended a basic cyber security framework to be implemented by all the UCBs (Ref 3): http://...
Click here to Login / Register Other LatestNotification/Circulars Amend Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 to extend certain timelines Amend notification No. 153/94-Customs dated 13th July, 1994 ...
2.2 Cases of `negligence and cash shortages' and `irregularities in foreign exchange transactions' referred to in items (d) and (f) above are to be reported as fraud if the intention to cheat / defraud is suspected / proved. However, the following cases...
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RBI seeks public comments on master circular on FDISANJAY DIXITPrint this
RBI Circular dated October 19, 2018 on "Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)" https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11397&Mode=0 RBI recommended a basic cyber security framework to be implemented by all the UCBs (Ref 3): http://...
Master Circular for Operations of Primary Dealers ContentsThe applicant shall have net owned funds of a minimum of Rs. 50 crore. The owned funds will consist of paid-up equity capital, free reserves, balance in share premium account and capital reserves representing surplus arising out of sale ...
Coverage Plan and Preparation of State / District Financial Service Plan4. Opening of Branches and Ultra Small Branches5. Business Correspondents6. Geographical Information System (GIS)7. BCAs - Appointment and Role8. Electronic Benefit transfer9. Kisan Credit Card (KCC)Dear Sir...