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CASH WITHDRDAWAL LIMITS THROUGH ATM

BE/RBI/5/2017 Reserve Bank of India has announced that the withdrawal limit in respect of Savings Account  would be lifted wef 13th March 2017 in two phases, due to the current remonetisation leap.  It added that the limit on cash withdrawal would be Rs. 50,000  per week w.e.f 20th Feb 2017 (which is currently Rs. 24,000/-)

CASH WITHDRDAWAL LIMITS THROUGH ATM

BE/RBI/5/2017 Reserve Bank of India has announced that the withdrawal limit in respect of Savings Account  would be lifted wef 13th March 2017 in two phases, due to the current remonetisation leap.  It added that the limit on cash withdrawal would be Rs. 50,000  per week w.e.f 20th Feb 2017 (which is currently Rs. 24,000/-)

Six-member Monetary Policy Committee (MPC)

BE/RBI/3/2017 When the six-member Monetary Policy Committee (MPC) of the Reserve Bank meets on February 7 and 8, their decision on a possible rate cut will be influenced by the budget outcomes more so with due anxiety placed on the impact of demonetisation on growth and a gentle inflation outlook despite rising fuel prices. Many

Six-member Monetary Policy Committee (MPC)

BE/RBI/3/2017 When the six-member Monetary Policy Committee (MPC) of the Reserve Bank meets on February 7 and 8, their decision on a possible rate cut will be influenced by the budget outcomes more so with due anxiety placed on the impact of demonetisation on growth and a gentle inflation outlook despite rising fuel prices. Many

RBI MONETARY POLICY MEET ON 8TH FEB 2017

BE/RBI/2/2017 There are different opinions as to whether Reserve Bank of India (RBI) will cut rates when it unveils the last monetary policy of the financial year on February 8.  The economists on one hand add that the central bank will hold and let liquidity take care of the rates, however, others feels, RBI may

RBI MONETARY POLICY MEET ON 8TH FEB 2017

BE/RBI/2/2017 There are different opinions as to whether Reserve Bank of India (RBI) will cut rates when it unveils the last monetary policy of the financial year on February 8.  The economists on one hand add that the central bank will hold and let liquidity take care of the rates, however, others feels, RBI may

Final guidelines of RBI on Large Exposure Framework

BE/RBI/1/2017 What is final Exposure? A bank’s exposures to its counterparties may result in concentration of its assets to a single counterparty or a group of connected counterparties.  This is an issue which requires to be addressed.  To remove this anomaly  the Reserve Bank, in March 1989, fixed limits on bank exposures to an individual

Final guidelines of RBI on Large Exposure Framework

BE/RBI/1/2017 What is final Exposure? A bank’s exposures to its counterparties may result in concentration of its assets to a single counterparty or a group of connected counterparties.  This is an issue which requires to be addressed.  To remove this anomaly  the Reserve Bank, in March 1989, fixed limits on bank exposures to an individual

RBI’s Financial Stability Report

BE/RBI/37/2016   RBI has published its Financial Stability Report (FSR), which states that the health of Banking Sectors lending sector is struggling with a deteriorating asset quality which is a hidrance to their growth.   The report adds, that overall India’s financial system remains steady, however, the stress on the banking sector, particularly on the

RBI’s Financial Stability Report

BE/RBI/37/2016   RBI has published its Financial Stability Report (FSR), which states that the health of Banking Sectors lending sector is struggling with a deteriorating asset quality which is a hidrance to their growth.   The report adds, that overall India’s financial system remains steady, however, the stress on the banking sector, particularly on the