Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI Government of India Ministry of Finance Department of Economic Affairs Press Release With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities … [Read more...] about Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI
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Reserve Bank of India
Government decides to issue Sovereign Gold Bonds Scheme 2016 -17–Series III; Applications for the bond to be accepted from October 24, 2016 to November 02, 2016 and the Bonds will be issued on November 17, 2016.
Government decides to issue Sovereign Gold Bonds Scheme 2016 -17 Series III; Applications for the bond to be accepted from October 24, 2016 to November 02, 2016 and the Bonds will be issued on November 17, 2016. Government of India, in consultation with the Reserve Bank of India (RBI), has decided to issue Sovereign Gold Bonds 2016-17 Series III. Applications for the bonds … [Read more...] about Government decides to issue Sovereign Gold Bonds Scheme 2016 -17–Series III; Applications for the bond to be accepted from October 24, 2016 to November 02, 2016 and the Bonds will be issued on November 17, 2016.
Loan for Low Cost Houses
Loan for Low Cost Houses Reserve Bank of India vide circular DBR.BP.BC.No. 74/08.12.015/2014-15 dated March 5, 2015 on “Housing Loans: Review of Instructions” has allowed banks to add stamp duty, registration and other documentation charges to the cost of the house/dwelling unit for the purpose of calculating Loan to Value (LTV) ratio, in cases where the cost of the … [Read more...] about Loan for Low Cost Houses
Auction for Sale of Government Stocks
Auction for Sale of Government Stocks Ministry of Finance 03-February, 2015 The Government of India have announced the Sale (re-issue) of (i) “8.27 per cent Government Stock 2020” for a notified amount of Rs. 2,000 crore (nominal) through price based auction, (ii) “8.15 per cent Government Stock 2026” for a notified amount of Rs.5,000 crore (nominal) through price based … [Read more...] about Auction for Sale of Government Stocks
Bank Charges for Non-Home Branch Customers
Bank Charges for Non-Home Branch Customers Reserve Bank of India (RBI) has informed that they have advised Scheduled Commercial Banks, vide their circular dated 01.07.2013 to follow a uniform, fair and transparent pricing policy and not to discriminate between their customers at home branch and non-home branches. If a particular service is provided free at home branch, the … [Read more...] about Bank Charges for Non-Home Branch Customers
Aadhaar Card as Address Proof
Aadhaar Card as Address Proof Reserve Bank of India (RBI) has notified that the Aadhaar Card is a valid proof for opening of a bank account under the Know Your Customer (KYC) scheme. RBI vide its circular dated 28.09.2011 has advised banks to accept the Aadhar letter issued by Unique Identification Authority of India (UIDAI) as an officially valid document for opening … [Read more...] about Aadhaar Card as Address Proof
Payment of pension to the Central Government pensioners – Continuation of either or survivor pension account after death of a pensioner – RBI Instruction
Payment of pension to the Central Government pensioners – Continuation of either or survivor pension account after death of a pensioner - RBI Instruction RESERVE BANK OF INDIA www.rbi.org.in Ref. DGBA.GAD No. H-7386/45.01.001/2012-13 The Chairman / Managing Director State Bank of India & its Associates Banks Chairman & Managing Director All … [Read more...] about Payment of pension to the Central Government pensioners – Continuation of either or survivor pension account after death of a pensioner – RBI Instruction
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