RBI Master Directions on Access Criteria for Payment Systems

RBI Master Directions on Access Criteria for Payment Systems

RBI Master Directions on Access Criteria for Payment Systems: RBI/DPSS/2016-17/51 Master Direction DPSS. CO. OD. No. 1846/04.04.009/2016-17 dated January 17, 2017 A reference is invited to our circular DPSS.CO.OD.494/04.04.009/2011-2012 dated September 21, 2011 prescribing the Access Criteria for Payment Systems. These Master Directions, being issued under … Continue Reading →
Banks have to preserve CCTV recordings of operations at bank branches and currency chests for the period from November 08 to December 30, 2016

Banks have to preserve CCTV recordings of operations at bank branches and currency chests for the period from November 08 to December 30, 2016

Banks have to preserve CCTV recordings of operations at bank branches and currency chests for the period from November 08 to December 30, 2016 RBI/2016-17/181 DCM (Plg) No. 1712/10.27.00/2016-17 December 13, 2016 The Chairman & Managing Director Chief Executive Officers All Banks Dear Sir, Preservation … Continue Reading →
Withdrawal of Legal Tender Character of existing INR 500 and INR 1000 Bank Notes

Withdrawal of Legal Tender Character of existing INR 500 and INR 1000 Bank Notes

Withdrawal of Legal Tender Character of existing INR 500 and INR 1000 Bank Notes RBI/2016-17/112 DCM (Plg) No.1226/10.27.00/2016-17 November 08, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ … Continue Reading →
RBI Cancels Certificate of Registration of 10 NBFCs

RBI Cancels Certificate of Registration of 10 NBFCs

RBI cancels Certificate of Registration of 10 NBFCs Press Release : 2016-2017/1038 http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=38416 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of … Continue Reading →