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Withdrawal of Legal Tender Character of Specified Bank Notes – Compliance with provisions of 114B of the Income Tax Rules, 1962

 Notification No#DCM (Plg) No.1287/10.27.00/2016-17     16 November 2016

RBI/2016-17/135 DCM (Plg) No.1287/10.27.00/2016-17 November 16, 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 Sir,..

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Multipurpose Empanelment for the year 2016-17

 Notification No#PD/A- 346 /2016      16 November 2016

PD/A- 346 /2016                                               &nb..

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

 Notification No#DCM (Plg) No.1291/10.27.00/2016-17     16 November 2016

RBI/2016-17/136 DCM (Plg) No.1291/10.27.00/2016-17 November 16, 2016   The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks   Dear Sir ..

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Correction in name of PF member- Delegation of powers thereof

 Notification No#WSU/10(1)2013 /Changes in MAP/21475     16 November 2016

Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. of lndia) No. WSU/10(1)2013 /Changes in MAP/21475 Dated 16th November, 2016   To All ACC(Zones) All RPFC-I/Officer-in-Charge Regional/Sub-Regional Offices   Sub: Correction in n..

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Withdrawal of Legal Tender Character of Specified Bank Notes: RBI asks Cooperative Banks to ensure Strict Compliance to its Instructions

 Notification No#2016-2017/1215     15 November 2016

There were reports that some cooperative banks were not strictly adhering to the instructions issued in connection with the withdrawal of legal tender status of the existing ₹ 500 and ₹ 1000 bank notes (specified bank notes). The Reserve Bank of India today informed that it has advised the Urban Coo..

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Usage of ATMs – Waiver of customer charges

 Notification No#DPSS.CO.PD.No.1240/02.10.004/2016-2017     14 November 2016

RBI/2016-17/132 DPSS.CO.PD.No.1240/02.10.004/2016-2017 November 14, 2016   The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks White L..

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Withdrawal of Legal Tender Character of Specified Bank Notes – Expanding the distribution locations for deposit and withdrawal of cash

 Notification No#DCM (Plg) No. 1274/10.27.00/2016-17     14 November 2016

RBI/2016-17/131 DCM (Plg) No. 1274/10.27.00/2016-17 November 14, 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 C..

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DCCBs can allow existing customers to withdraw upto ₹ 24,000 from their accounts : RBI

 Notification No#2016-2017/1198     14 November 2016

The Reserve Bank of India has today clarified that District Central Cooperative Banks (DCCBs) can allow their existing customers to withdraw money from their accounts upto ₹ 24,000 per week upto November 24, 2016. However, no exchange facility against the specified bank notes (₹ 500 and ₹ 1000) or d..

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Constitution of Task Force for enabling dispensation of Mahatma Gandhi (New) Series Banknotes - Recalibration and reactivation of ATMs

 Notification No#2016-2017/1197     14 November 2016

It has become necessary to re-calibrate all ATMs/ Cash handling machines to dispense the new design notes following introduction of Mahatma Gandhi (New) Series Banknotes including a new High Denomination (₹ 2000) in new designs.   2. ATMs play a vital role in meeting the currency requirem..

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Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Applicability of the Scheme to DCCBs

 Notification No#DCM (Plg) No.1273/10.27.00/2016-17     14 November 2016

RBI/2016-17/130 DCM (Plg) No.1273/10.27.00/2016-17 November 14, 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 Co..

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