RBI Updates Banner
RBI opens vaults for banks to keep old notes

BE/RBI/34/2016 Now that the bank currency chests are over flowing with old, banned notes, the Reserve Bank of India (RBI) informs that these specified bank notes (SBN) could be deposited at their offices. RBI has further added that these SBNs will remain in the vaults of RBI offices under whose jurisdiction they are located, under

25 Nov

RBI opens vaults for banks to keep old notes

Admin Bankedge

|

0

BE/RBI/34/2016 Now that the bank currency chests are over flowing with old, banned notes, the Reserve Bank of India (RBI) informs that these specified bank notes (SBN) could be deposited at their offices. RBI has further added that these SBNs will remain in the vaults of RBI offices under whose jurisdiction they are located, under

RBI announces total withdrawal of Rs. 5,44,571 crore post demonetisation

BE/RBI/33/2016 Giving heed to the problems faced by the common man, after demonetisation of 500 and 1000 rupee notes by the Indian Government, the Reserve Bank of India (RBI) has come out with various measures and adds that total exchange and deposits effected from November 10, 2016 till November 18, 2016 amounted to Rs. 5,44,571

22 Nov

RBI announces total withdrawal of Rs. 5,44,571 crore post demonetisation

Admin Bankedge

|

0

BE/RBI/33/2016 Giving heed to the problems faced by the common man, after demonetisation of 500 and 1000 rupee notes by the Indian Government, the Reserve Bank of India (RBI) has come out with various measures and adds that total exchange and deposits effected from November 10, 2016 till November 18, 2016 amounted to Rs. 5,44,571

RBI CANCELS 5 NBFC’s LICENSES

The Reserve Bank today said registration certificates of five non-banking financial companies (NBFCs) have been cancelled while two surrendered their certificate to the central bank. These seven entities,  RBI said, “cannot transact the business of a non-banking financial institution”.The entities whose certificates were cancelled are SIMCO CONSULTANTS, LUNKAD SECURITIES, RAJVIR MARKETING AND INVESTMENT, CRYSTAL INVESTMENTS AND

15 Nov

RBI CANCELS 5 NBFC’s LICENSES

Admin Bankedge

|

0

The Reserve Bank today said registration certificates of five non-banking financial companies (NBFCs) have been cancelled while two surrendered their certificate to the central bank. These seven entities,  RBI said, “cannot transact the business of a non-banking financial institution”.The entities whose certificates were cancelled are SIMCO CONSULTANTS, LUNKAD SECURITIES, RAJVIR MARKETING AND INVESTMENT, CRYSTAL INVESTMENTS AND

Debt Restructuring Scheme – Overhaul by RBI

With a view to remove the Corporate Stress, Reserve Bank of India, made far-reaching changes to the present loan restructuring schemes like S4A, 5/25 and SDR.  The RBI has now increased the time limit of 90 days to 180 days given to the lenders for bringing out a Restructuring package, under S4A scheme (Sustainable Structuring

15 Nov

Debt Restructuring Scheme – Overhaul by RBI

Admin Bankedge

|

0

With a view to remove the Corporate Stress, Reserve Bank of India, made far-reaching changes to the present loan restructuring schemes like S4A, 5/25 and SDR.  The RBI has now increased the time limit of 90 days to 180 days given to the lenders for bringing out a Restructuring package, under S4A scheme (Sustainable Structuring

ISSUE OF FRESH 2000 CURRENCY NOTES BY RBI

With the demonetization of 500 and 100 rupee notes, RBI has now come out with the fresh 2000 currency notes. It was believed that  the new Rs. 2000 notes issued by RBI would have a GPS chip to enable its tracing via satellites. GPS tracking is the surveillance of location through use of the Global Positioning System (GPS ) to track the

11 Nov

ISSUE OF FRESH 2000 CURRENCY NOTES BY RBI

Admin Bankedge

|

0

With the demonetization of 500 and 100 rupee notes, RBI has now come out with the fresh 2000 currency notes. It was believed that  the new Rs. 2000 notes issued by RBI would have a GPS chip to enable its tracing via satellites. GPS tracking is the surveillance of location through use of the Global Positioning System (GPS ) to track the