Certification necessary for bank employees in specialized jobs : RBI

Reserve Bank of India has directed banks that bank employees working in specialised areas like treasury, risk management, preparation of financial results,…

8 years ago

Frauds due to bank’s negligence – Customer not liable : RBI Draft

The Reserve Bank of India has today placed on its website the Draft Circular on “Customer Protection – Limiting Liability of Customers…

8 years ago

Dearness Allowance Increase for Bankers from August 2016 to October 2016

Based on the CPI for last quarter, DA for the bank employees will incrase by 3.50% (35 slabs) Revised  DA…

8 years ago

Dishonour of cheques – Modification in procedure

RBI/2016-17/33 DBR.No.Leg.BC.3/09.07.005/2016-17 August 04, 2016 All Scheduled Commercial Banks (Including RRBs) Dear Sir/ Madam, Dishonour of cheques – Modification in…

8 years ago

Pakistani hacker tried to hack canara bank website

A Pakistani hacker attacked Canara Bank's website and tried to block the bank's e-payment services.  The hacker calls himself Faisal.…

8 years ago

Bank Accounts for NRIs

Different type of bank accounts a Non Resident Indian (NRI) can open and maintain in India, their features and benefits…

6 years ago

Why you should not delay payment of Credit Card Bill

Credit Card is a widely used method of payment these days, as it allows to shop now and pay later.…

8 years ago

Reporting Requirements under Basel III Capital Regulations- Review

RBI/2015-16/428 DBR.BP.BC.No.105/21.06.001/2015-16 June 23, 2016 All Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Reporting Requirements…

8 years ago

Implementation of Indian Accounting Standards (Ind AS)

RBI/2015-16/429 DBR.BP.BC.No.106/21.07.001/2015-16 June 23, 2016 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Implementation of Indian…

8 years ago

Reporting of Information on Investment in Commercial Papers and Unhedged Foreign Currency Exposures of the Borrowers to Credit Information Companies

RBI/2015-16/432 DBR.CID.BC. 107/20.16.056/2015-16 June 23, 2016 All Scheduled Commercial Banks All India Financial Institutions Credit Information Companies Dear Sir /…

8 years ago