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RBI to keep policy rates on hold

BE/RBI  NOTE/11/2018 There is news that RBI, the apex bank may  keep policy rates on hold and maintain its neutral stance at the ensuing policy review meet early next month.  According to the global financial services major, though the country’s economic growth is on an uptrend, recovery remains in an early stage, and this warrants

RBI to keep policy rates on hold

BE/RBI  NOTE/11/2018 There is news that RBI, the apex bank may  keep policy rates on hold and maintain its neutral stance at the ensuing policy review meet early next month.  According to the global financial services major, though the country’s economic growth is on an uptrend, recovery remains in an early stage, and this warrants

RBI confirms the Disposal Process of Demonetised notes

BE/RBI NOTE/10/2018 Demonetised Rs 500 and Rs 1,000 notes, were counted and processed for genuineness, are shredded and blocked, before being disposed of through a tendering process, the RBI has said.  Before this, RBI had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs

RBI confirms the Disposal Process of Demonetised notes

BE/RBI NOTE/10/2018 Demonetised Rs 500 and Rs 1,000 notes, were counted and processed for genuineness, are shredded and blocked, before being disposed of through a tendering process, the RBI has said.  Before this, RBI had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs

RBI Governor speaks on PNB Fraud

BE/RBI NOTE/9/2018 Preventing a Fraud is not possible, is what the RBI Governor says, referring to the Rs. 11,400 crore scam at the Punjab National Bank.  There is an overall talk going on that RBI supervision team should have caught the fraud that has happened, which the Governor adds is possible to conclude after any

RBI Governor speaks on PNB Fraud

BE/RBI NOTE/9/2018 Preventing a Fraud is not possible, is what the RBI Governor says, referring to the Rs. 11,400 crore scam at the Punjab National Bank.  There is an overall talk going on that RBI supervision team should have caught the fraud that has happened, which the Governor adds is possible to conclude after any

Quick Savings Recovery after Note Ban

BE/RBI NOTE/8/2018 The Reserve Bank of India, released the Publications on Households’ financial assets pattern every year, which is now made a quarterly release.  Housinghold savings which is an important measure, for finding macroeconomic and systemic risks, is taken into consideration for prepartion of bi-annual financial stability report. The first of such quarterly report was

Quick Savings Recovery after Note Ban

BE/RBI NOTE/8/2018 The Reserve Bank of India, released the Publications on Households’ financial assets pattern every year, which is now made a quarterly release.  Housinghold savings which is an important measure, for finding macroeconomic and systemic risks, is taken into consideration for prepartion of bi-annual financial stability report. The first of such quarterly report was

Regulatory Guidelines

BE/RBI NOTE/7/2018 It is very clear that RBI guidelines in respect of KYC norms, money laundering activities and currency chest management, including detection and impounding of counterfeit notes is very very important. It may be noted that Counterfeit notes under circulation is a menace in the economy which requires severe punishment.  Not bringing the facts

Regulatory Guidelines

BE/RBI NOTE/7/2018 It is very clear that RBI guidelines in respect of KYC norms, money laundering activities and currency chest management, including detection and impounding of counterfeit notes is very very important. It may be noted that Counterfeit notes under circulation is a menace in the economy which requires severe punishment.  Not bringing the facts