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Request from Banks to ease upon Cassette Swap norms

BE/RBI NOTE/27/2018 Container Technology connected with ATMs is well known to people.  Here, exchange of empty Cassettes for full is possible which an appreciable feature of ATMs is.  It is true that these cassettes can easily be accessed by anyone in the cash handling circle.  This is ofcourse an inherent risk. In order to avoid

Request from Banks to ease upon Cassette Swap norms

BE/RBI NOTE/27/2018 Container Technology connected with ATMs is well known to people.  Here, exchange of empty Cassettes for full is possible which an appreciable feature of ATMs is.  It is true that these cassettes can easily be accessed by anyone in the cash handling circle.  This is ofcourse an inherent risk. In order to avoid

RBI to shortly issue new Rs 100 note in lavender colour

BE/RBI NOTE/25/2018 Rs 100 denomination banknotes in the Mahatma Gandhi (new) series, bearing the signature of its Governor Urjit R. Patel, will be shortly issued by Reserve Bank of India (RBI) The new denomination banknote would bear the motif of ‘Rani Ki Vav’ on its reverse, thus portraying the country’s cultural heritage. The base colour

RBI to shortly issue new Rs 100 note in lavender colour

BE/RBI NOTE/25/2018 Rs 100 denomination banknotes in the Mahatma Gandhi (new) series, bearing the signature of its Governor Urjit R. Patel, will be shortly issued by Reserve Bank of India (RBI) The new denomination banknote would bear the motif of ‘Rani Ki Vav’ on its reverse, thus portraying the country’s cultural heritage. The base colour

WAIVER OF FARM LOAN IS A BURDEN ON ECONOMY

BE/RBI NOTE/25/2018   It is well known that a number of states have waived off farm loans after the 2014 General Elections in 2014.  The grey areas here as per RBI report are: The burden on farmers and their families have obviously reduced But the benefits to the overall economy through higher investments in agriculture and

WAIVER OF FARM LOAN IS A BURDEN ON ECONOMY

BE/RBI NOTE/25/2018   It is well known that a number of states have waived off farm loans after the 2014 General Elections in 2014.  The grey areas here as per RBI report are: The burden on farmers and their families have obviously reduced But the benefits to the overall economy through higher investments in agriculture and

An RBI Report: Affordable Home Loans Causing Concern

BE/RBI NOTE/24/2018 RBI has signalled that time has come for the regulator to caution banks in making the affordable small ticket home loans more expensive and thus make public mount up more money if banks do not come forward to bring in more stringent standards and remove rising bad loans in the Housing Sector. RBI

An RBI Report: Affordable Home Loans Causing Concern

BE/RBI NOTE/24/2018 RBI has signalled that time has come for the regulator to caution banks in making the affordable small ticket home loans more expensive and thus make public mount up more money if banks do not come forward to bring in more stringent standards and remove rising bad loans in the Housing Sector. RBI

CORRECTIVE NPA ACTIONS

BE/RBI NOTE/23/2018 A latest report on NPAs  coming under the Prompt Correct Action (PCA) reports reveals that the stressed assets are more contributed by advances through multiple banks/consortium arrangements than those contributed by individual bank advances. This was revealed by RBI in its Financial Stability Report (FSR) for June 2018.  Further, The report suggests that

CORRECTIVE NPA ACTIONS

BE/RBI NOTE/23/2018 A latest report on NPAs  coming under the Prompt Correct Action (PCA) reports reveals that the stressed assets are more contributed by advances through multiple banks/consortium arrangements than those contributed by individual bank advances. This was revealed by RBI in its Financial Stability Report (FSR) for June 2018.  Further, The report suggests that