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Quarterly BSR-1: Outstanding Credit of Scheduled Commercial Banks for June 2016

 Notification No#2016-2017/1277     22 November 2016

The Reserve Bank of India today released its web publication ‘Quarterly BSR-1: Outstanding Credit of Scheduled Commercial Banks (SCBs), June 2016’. The BSR-1 survey aims to get information regarding spatial distribution of banks credit based on the details, such as, occupation/activity a..

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Addendum to OM dated 18th November, 2016 on the subject cancellation of legal tender character of high denomination bank notes

 Notification No#10/3/2016-Cy.I     21 November 2016

F. No. 10/3/2016-Cy.I Government of India Ministry of Finance Department of Economic Affairs North Block, New Delhi Dated: 21st November, 2016 OFFICE MEMORANDUM   Subject : Addendum to OM dated 18h November, 2016 on the subject “Cancellation of legal ..

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FAQs on Withdrawal of Legal Tender Status of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 21, 2016)

 Notification No#21.11.16     21 November 2016

1. Why is this scheme introduced? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used for antinational and illegal activities...

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

 Notification No#1320/10.27.00/2016-17     21 November 2016

RBI/2016-17/145 DCM (Plg) No.1320/10.27.00/2016-17 November 21, 2016   The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks..

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Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Revisions

 Notification No#1323/10.27.00/2016-17     21 November 2016

RBI/2016-17/146 DCM (Plg) No.1323/10.27.00/2016-17 November 21, 2016   The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks..

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Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances

 Notification No#DBR.No.BP.BC.37/21.04.048/2016-17     21 November 2016

RBI/2016-17/143 DBR.No.BP.BC.37/21.04.048/2016-17 November 21, 2016   All Entities Regulated by the Reserve Bank of India   Madam / Dear Sir,   Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances   It ha..

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Withdrawal of Legal Tender Character of Specified Bank Notes – Cash Withdrawal Limit

 Notification No#DCM (Plg) No.1317/10.27.00/2016-17     21 November 2016

RBI/2016-17/142 DCM (Plg) No.1317/10.27.00/2016-17 November 21, 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/ District Central Coo..

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Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Revision in limits

 Notification No#1304/10.27.00/2016-17     20 November 2016

RBI/2016-17/141 DCM (Plg) No.1304/10.27.00/2016-17 November 20, 2016   The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks..

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Gazette Notification No. S.O. 3490(E), in continuation of gazette notification No. S.O. 3408(E)

 Notification No#3490(E)     20 November 2016

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 20th November, 2016   S.O. 3490(E).—In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby fu..

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Demonetisation - Constitution of committees for visiting States/ UTs and reporting about the status of implementation of the decision

 Notification No#10/3/2016-Cy.I     18 November 2016

F. No. 10/3/2016-Cy.I Government of India Ministry of Finance Department of Economic Affairs North Block, New Delhi Dated: 18th November, 2016 OFFICE MEMORANDUM   Subject : Cancellation of legal tender of high denomination bank notes of Rs. 500 and Rs. 1000 – const..

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