RTGS Fund Transfer Timing Extended – RBI Circular on 28.5.2019 Real Time Gross Settlement (RTGS) System – Extension of Timings for Customer Transactions Reserve Bank Of India RBI/2018-19/189 DPSS (CO) RTGS No. 2488/04.04.016/2018-19 May 28, 2019 The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS Madam / Dear Sir, Real Time Gross … [Read more...] about RTGS Fund Transfer Timing Extended – RBI Circular on 28.5.2019
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RBI
RBI Clarifies on Safe Custody of its Gold Reserves
RBI Clarifies on Safe Custody of its Gold Reserves – RBI Circular RBI clarifies on safe custody of its gold reserves We have come across reports in certain sections of the print and social media regarding RBI shifting abroad a part of its gold holding in 2014. It is a normal practice for Central Banks world over, to keep their gold reserves overseas with Central Banks of other … [Read more...] about RBI Clarifies on Safe Custody of its Gold Reserves
Banks to remain open till 8 pm on 31.3.2018 – RBI Circular
Banks to remain open till 8 pm on 31.3.2018 – RBI Circular “All agency banks should keep the counters of their designated branches conducting government banking open for government transactions up to 8.00 p.m. on March 31, 2018” Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year … [Read more...] about Banks to remain open till 8 pm on 31.3.2018 – RBI Circular
CIBIL Reports : No Change in this Practice
CIBIL Reports : No Change in this Practice CIBIL Negative Reports Lenders exercise their commercial judgement to grant loan or otherwise to borrowers based on the Board-approved policies of banks and financial institutions (FIs). Information contained in Credit Information Reports (CIRs) obtained from Credit Information Companies (CICs, which include TransUnion CIBIL Limited, … [Read more...] about CIBIL Reports : No Change in this Practice
All 14 Desings of Rs.10 Coins are legal tender – RBI Notification
RBI reiterates legal tender status of ₹ 10 coins of different designs It has come to the notice of the Reserve Bank that in certain places there is reluctance on part of traders and members of public to accept ₹ 10 coins due to suspicion about their genuineness. It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the … [Read more...] about All 14 Desings of Rs.10 Coins are legal tender – RBI Notification