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COUNTING OF DEMONITIZED NOTES

BE/RBI/25/2017 DATA ON OLD NOTES DEPOSITED The Parliamentary committee met here and have been given to understand that the old notes deposited are still under counting. Mr. Urjit Patel, RBI Governor, who attended the meeting was not able to give an exact figure of how much had returned to the system as on date.  The

COUNTING OF DEMONITIZED NOTES

BE/RBI/25/2017 DATA ON OLD NOTES DEPOSITED The Parliamentary committee met here and have been given to understand that the old notes deposited are still under counting. Mr. Urjit Patel, RBI Governor, who attended the meeting was not able to give an exact figure of how much had returned to the system as on date.  The

COMPENSATION FOR e- FRAUDS

BE/RBI/24/2017 Frauds under e-platforms are on the increase.  Recent RBI directives on e frauds are many. To name a few: RBI directed banks to credit the amount involved in the unauthorised electronic transaction within 10 working days to the account holder. – 7th July 2017 Reserve Bank of India (RBI) has come out with rules

COMPENSATION FOR e- FRAUDS

BE/RBI/24/2017 Frauds under e-platforms are on the increase.  Recent RBI directives on e frauds are many. To name a few: RBI directed banks to credit the amount involved in the unauthorised electronic transaction within 10 working days to the account holder. – 7th July 2017 Reserve Bank of India (RBI) has come out with rules

RBI puts a break on Government Security debts

BE/RBI/23/2017 Indeed in a major move, Reserve Bank of India, on Monday squeezed the investment limit in Government bonds for Foreign Portfolio Investors with a restriction that 75% of the investment should go to long term investors and unutilized portion would not be made free for the general category.  What does this mean? This will

RBI puts a break on Government Security debts

BE/RBI/23/2017 Indeed in a major move, Reserve Bank of India, on Monday squeezed the investment limit in Government bonds for Foreign Portfolio Investors with a restriction that 75% of the investment should go to long term investors and unutilized portion would not be made free for the general category.  What does this mean? This will

RBI WARNS OF ALARMING BANK FRAUDS

BE/RBI/22/2017 The Financial Stability Report warns that the frauds in Banks is on the high increase, and doubts that banks might be hiding some of the fraud cases.  RBI further adds that before a Corporate Account is declared as Fraud, obviously well before 2 or 3 years, they would normally get turned to NPA category.

RBI WARNS OF ALARMING BANK FRAUDS

BE/RBI/22/2017 The Financial Stability Report warns that the frauds in Banks is on the high increase, and doubts that banks might be hiding some of the fraud cases.  RBI further adds that before a Corporate Account is declared as Fraud, obviously well before 2 or 3 years, they would normally get turned to NPA category.

CORPORATE DEBT REVIEW

BE/RBI/21/2017 RBI has set up an Oversight Committee to with an aim to clear the stressed Corporate Loans, which has been now advised to review 12 Corporate Accounts.  Additionally 6 more accounts in the coming days with debt of Rs. 10,000 crore would be added, for review, under Scheme for Sustainable Structuring of Stressed Assets

CORPORATE DEBT REVIEW

BE/RBI/21/2017 RBI has set up an Oversight Committee to with an aim to clear the stressed Corporate Loans, which has been now advised to review 12 Corporate Accounts.  Additionally 6 more accounts in the coming days with debt of Rs. 10,000 crore would be added, for review, under Scheme for Sustainable Structuring of Stressed Assets