Notifications

Changes in Priority Sector Guidelines

RBI, vide notification dated March 01, 2018 amended the priority sector guidelines. Following are the changes made in priority sector…

7 years ago

Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016

The Government of India announced the “Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS)”. This Scheme is applicable to every declarant…

8 years ago

RBI eases norms for online card transactions upto Rs.2000

RBI has relaxed norms for making online transactions through Cards. So you are not required to authenticate your transaction on uber/…

8 years ago

RBI increases CRR temporarily

With the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes (Specified Bank Notes…

8 years ago

RBI FAQs on withdrawal of Rs500 and Rs.1000 notes

1. Why is this scheme? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons,…

8 years ago

Dispensation of Rs.100 denomination banknotes through exclusive ATMs

Reserve Bank of India (RBI) vide circular dated 02.11.2016 has directed banks to increase dispensation of Rs. 100 banknotes through ATMs which…

8 years ago

Import Data Processing and Monitoring System (IDPMS)

  A.P. (DIR Series) Circular No. 05 October 06, 2016 Import Data Processing and Monitoring System (IDPMS) Attention of Authorized…

8 years ago

Operating Guidelines for Payment Banks issued by RBI

Operating Guidelines for Payments Banks have been issued by RBI on 6th October 2016. Gist of operating guidelines is given below:…

8 years ago

Publish photographs of only Wilful Defaulters – RBI

Reserve Bank of India, on 29th September, 2016 directed banks and financial institutions to publish photographs of only wilful defaulters…

7 years ago

Acceptance of Cash Over the Counter – Income Declaration Scheme, 2016

RBI/2016-17/62 DBR.No.Leg.BC. 13/09.07.005/2016-17 September 8, 2016 The Managing Directors/Chief Executive Officers All Scheduled Commercial Banks (including RRBs) Dear Sir, Income…

8 years ago