Banks to remain open till 8 pm on 31.3.2018 - RBI Circular "All agency banks should keep the counters of their designated branches conducting government banking open for government transactions up to 8.00 p.m. on March 31, 2018" Annual Closing of Government Accounts - Transactions of Central / State Governments - Special Measures for the Current Financial Year … [Read more...] about RBI Circular: Banks to remain open till 8 pm on 31.3.2018
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RBI Circulars
FAQ on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes
FAQ on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes FREQUENTLY ASKED QUESTIONS Frequently Asked Questions (FAQs) on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes 1. Why is this scheme? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes … [Read more...] about FAQ on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes
RBI issues Rs.2000 notes in a new series
Now your bank notes in a new design RBI issues Rs.2000 notes in a new series The Reserve Bank of India is introducing new design banknotes in the denomination of Rs.2000 as part of Mahatma Gandhi (New) Series. The new denomination has motif of the Mangalayan on the reverse, depicting the country’s first venture in interplanetary space. The base colour of the notes … [Read more...] about RBI issues Rs.2000 notes in a new series
RBI issues Rs.500 notes in a new series
RBI issues Rs.500 notes in a new series Now your bank notes in a new design The new Rs.500 notes are different form the present series in colour, size, theme, location of security features and design elements. The size of the new notes is 63mm x 150mm. The color of the notes is stone grey and the predominant new theme is Indian site - Red Fort. … [Read more...] about RBI issues Rs.500 notes in a new series
Payment of Agency Commission on pension accounts – RBI Circular on 21.1.2016
Payment of Agency Commission on pension accounts – RBI Circular on 21.1.2016 Reserve Bank Of India RBI/2015-16/294 DGBA.GAD.No.2278/31.12.2010/2015-16 January 21,2016 The Chairman & Managing Director/ The Chief Executive Officer All Agency Banks Dear Sir/Madam Payment of Agency Commission on pension accounts As you may be … [Read more...] about Payment of Agency Commission on pension accounts – RBI Circular on 21.1.2016
Bank Charges for Non-Home Branch Customers
Bank Charges for Non-Home Branch Customers Reserve Bank of India (RBI) has informed that they have advised Scheduled Commercial Banks, vide their circular dated 01.07.2013 to follow a uniform, fair and transparent pricing policy and not to discriminate between their customers at home branch and non-home branches. If a particular service is provided free at home branch, the … [Read more...] about Bank Charges for Non-Home Branch Customers
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