EASYOFFICE
EASYOFFICE
EASYOFFICE

Others Notification & Circulars


Specified Bank Notes (SBNs) - Deposit under Guarantee Scheme to decongest the storage facilities at banks

 Notification No#1383/10.27.00/2016-17     24 November 2016

RBI/2016-17/153 DCM (Plg) No.1383/10.27.00/2016-17 November 24, 2016   The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks   Dear ..

Posted in Others

Special knowledge or practical experience useful to banking companies

 Notification No#39/29.39.001/2016-17     24 November 2016

RBI/2016-17/152 DBR.Appt.BC.No.39/29.39.001/2016-17 November 24, 2016   All Commercial Banks excluding RRBs   Dear Sir / Madam,   Special knowledge or practical experience useful to banking companies   In the backdrop of innovations in banking and tech..

Posted in Others

Deposit of old demonetized notes of Rs. 500 and Rs. 1000 in Small Savings Scheme

 Notification No#1/04/2016-NS.II     23 November 2016

F.No. 1/04/2016-NS.II Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated 23.11.2016   To 1. The Chief general Manager Reserve Bank of India Department of Government and Bank Accounts Central Office, Byculla Office Building ..

Posted in Others

Deposit of old demonetized notes of Rs. 500 and Rs. 1000 in Small Savings Scheme

 Notification No#1/04/2016-NS     22 November 2016

Finance Mministry has been decided that subscribers of small scheme may not be allowed to deposit old demonetised currency notes of Rs. 500 and Rs. 1000, in Small Saving Schemes which includes Post Office Savings Account, 5-Year Post Office Recurring Deposit Account, Post Office Time Deposit Ac..

Posted in Others

Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration of wedding – Modification

 Notification No#1346/10.27.00/2016-17     22 November 2016

RBI/2016-17/149 DCM (Plg) No.1346/10.27.00/2016-17 November 22, 2016   The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks.   Dear Si..

Posted in Others

Special measures to incentivise Electronic Payments

 Notification No#2016-2017/1282     22 November 2016

In order to meet the transactional needs of the public through digital means, the Reserve Bank has introduced additional measures by way of special dispensation for small merchants and enhancement in limits for semi-closed Prepaid Payment Instruments (PPIs).   A special dispensation has n..

Posted in Others

Making cash available for Rabi Crop Season – Advisory to banks

 Notification No#1345/10.27.00/2016-17     22 November 2016

RBI/2016-17/148 DCM (Plg) No.1345/10.27.00/2016-17 November 22, 2016   The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks   Dear ..

Posted in Others

Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- Exchange Facility – Reports of misuse – Caution to Public

 Notification No#2016-2017/1283     22 November 2016

The facility for public to exchange the specified bank notes (old notes in ₹ 500 and ₹ 1000) for legal tender notes and allowing them to deposit into bank accounts in unlimited amounts is provided to enable members of the public in possession of these notes as on the date of the announcement to secu..

Posted in Others

Special measures to incentivise Electronic Payments – (i) Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs) in India (ii) Special measures for merchants

 Notification No#1288/02.14.006/2016-17     22 November 2016

RBI/2016-17/150 DPSS.CO.PD.No.1288/02.14.006/2016-17 November 22, 2016   All Prepaid Payment Instrument Issuers, System Providers, System Participants and all other Prospective Prepaid Payment Instrument Issuers   Dear Madam / Sir,   Special measures to incenti..

Posted in Others

Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Fraudulent Practices

 Notification No#1341/10.27.00/2016-17     22 November 2016

RBI/2016-17/147 DCM (Plg) No.1341/10.27.00/2016-17 November 22, 2016   The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks   Dear ..

Posted in Others