Home » Banking & Insurance » BANKING: From today (01.07.2016), pre-2005 banknotes can be exchanged only at select RBI offices …
The President, Shri Pranab Mukherjee presenting the “Devi Ahilyabai Holkar Award” to Konoklota Mahila Urban Co-Operative Bank, Assam, at the presentation of Stree Shakti Puraskar 2015, on the occasion of the International Women’s Day, at Rashtrapati Bhavan, in New Delhi on March 08, 2016.
The President, Shri Pranab Mukherjee presenting the “Devi Ahilyabai Holkar Award” to Konoklota Mahila Urban Co-Operative Bank, Assam, at the presentation of Stree Shakti Puraskar 2015, on the occasion of the International Women’s Day, at Rashtrapati Bhavan, in New Delhi on March 08, 2016. (Image Courtesy: pib website)

BANKING: From today (01.07.2016), pre-2005 banknotes can be exchanged only at select RBI offices …

BANKING NEWS

From today (01.07.2016), pre-2005 banknotes can be exchanged only at select RBI offices
RBI orders banks to frame cyber-security policy immediately
Runway for payments banks
RBI working on regulations to curb frauds in e-transactions, says Finance Ministry
RBI tightens provisioning norms for bank frauds
Guidelines for on-tap banking shortly: Raghuram Rajan
More …

Go to NEWS.

Indian currency
(Pixabay Image)

From today (01.07.2016), pre-2005 banknotes can be exchanged only at select RBI offices

Thehindubusinessline.com
Mumbai, June 30, 2016
The facility for exchanging pre-2005 banknotes will be available only at select offices of the Reserve Bank of India from July 1, 2016, the central bank said in a statement.
The RBI said a major portion of the pre-2005 banknotes have been withdrawn from circulation and only a small percentage of these notes remain in circulation.
The RBI offices where the pre-2005 notes can be exchanged are located in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Thiruvananthapuram and Kochi. …

Cyber SecurityRBI orders banks to frame cyber-security policy immediately

Timesofindia.indiatimes.com 
Jun 2, 2016 MUMBAI: RBI today asked banks to immediately put in place a cyber security policy to tackle internet-based threats to the banking system. …

Runway for payments banks

Business-standard.com 
Payments banks need to think digital and look at deploying emerging technologies to claim competitive advantage
May 16, 2016
The list of 11 new entities, which received an in-principle approval from the Reserve Bank of India last August to set up a new category of banks called payments banks, includes both corporate and non-corporate names. …

RBI working on regulations to curb frauds in e-transactions, says Finance Ministry

He said the Banking Codes and Standards Board of India (BCSBI) had in 2014 come out with a recommendation of limiting the customer liabilities in case of frauds taking place through electronic channels.
Indianexpress.com 

May 03, 2016
The RBI is working to put in place a regulatory framework to address customer grievance and liability issues arising out of frauds in electronic transactions, Government said on Tuesday. …

State Bank of India
(Image Courtesy: SBI website)

RBI tightens provisioning norms for bank frauds   

Timesofindia.indiatimes.com 
Apr 18, 2016
MUMBAI: Tightening disclosure norms, RBI has asked banks to disclose fraud cases and make provisions for them not exceeding four quarters from the date during which it has been detected. …

Guidelines for on-tap banking shortly: Raghuram Rajan   

Economictimes.indiatimes.com 
Apr 05, 2016
Mumbai: The banking system moved a step closer to on-tap licensing with the Reserve Bank of India today saying that it will shortly announce guidelines for the same. …

ATM
ATM (Pixabay Image)

In a first, DCB Bank starts Aadhaar-based ATMs   

Timesofindia.indiatimes.com
Apr 3, 2016
MUMBAI: In a first for any domestic bank, small-sized lender DCB Bank has started an Aadhaar-based ATM usage facility wherein a customer can transact using his biometric details instead of the PIN. …

You may like to click on any of the following links:-
Latest DOPT/CVC/RTI/MOF/CGHS/DPE Orders/Circulars; News
* RBI Circulars / Orders / Guidelines / Reports / Policy Documents; Master Circulars (Subject-Wise)
* Vigilance Related GOI/CVC Orders/Circulars
* Right to Information (RTI) – Rules/ Notifications/Circulars/Guidelines (Subject-Wise) 
* Decisions of Central Information Commission – Section-Wise
* CGHS Circulars/Empanelled Hospitals/Package Rates

Card frauds dupe IAS woman

Timesofindia.indiatimes.com
Mar 31, 2016
New Delhi: A senior woman IAS officer was among a group of people targeted by cyber crooks who stole their credit card information and made fraudulent transactions.
The officer complained to the bank that she received a call from someone posing as the bank’s representative. He convinced her to reveal her card details and one-time password on the pretext of verifying details. …

ATM card exchanged on sly, couple loses Rs 45,000   

Timesofindia.indiatimes.com
Mar 8, 2016
PANCHKULA: A youth allegedly duped a 25-year-old woman of Rs 45,000 after exchanging his ATM card with hers in Pinjore on Monday morning. …

Fake bank callers dial a/c fraud (Representational Image: Pexels.com)
Fake bank callers dial a/c fraud (Representational Image: Pexels.com)

Fake bank callers dial a/c fraud

Timesofindia.indiatimes.com
Nov 17, 2015
Chandigarh: The next time you receive a call from a supposed bank official seeking details of your account and ATM card, better stay mum. Or, rather dial the cops soon after. Swindlers posing as bankers and technical staff members are obtaining crucial details from gullible residents and withdrawing money from bank accounts. In just 10 months, 83 such cases were reported from the city, confounding the police. …

Conmen used 580 duplicate cards to dupe bank of Rs 2.84cr

Timesofindia.indiatimes.com
Oct 6, 2015
MUMBAI: The Kotak Mahindra Bank recently detected a massive fraud in which 1,730 transactions worth Rs 2.84 crore were carried out using credit cards it had never issued. The cards, 580 in all, were fabricated by the fraudsters and used for online shopping and making payments in seven countries — Canada, USA, UK, Germany, Brazil, France and India – between July 2 and September 10. …

Karnataka top cop loses 10,000 to phishing    Timesofindia.indiatimes.com

Jun 9, 2015
BENGALURU: It’s an embarrassment Karnataka police could well do without. The city’s seniormost cop and head of the state police force lost Rs 10,000 to a phishing scamster. …

Hackers steal $300 million from 100 banks via malware   Timesofindia.indiatimes.com
Feb 16, 2015
PALO ALTO (California): In late 2013, an ATM in Kiev started dispensing cash at seemingly random times of day. …

Cardless withdrawals at 1 lakh ATMs by year-end   Economictimes.indiatimes.com
Feb 14, 2015
MUMBAI: Cardless cash withdrawal will be available from one lakh bank ATMs by the end of the current year for remittances initiated by customers of these banks. …

Banking passwords stealing virus prowling in Indian cyberspace    Ibnlive.in.com
Feb 10, 2015
New Delhi: Cyber security sleuths have alerted e-banking users in the country against the infectious and destructive activity of a “worm” virus which attacks and steals personal login secrets and passwords of an individual. …

Note:- It may be noted that the information in this website is subject to the Disclaimer of Dtf.in. If you have a complaint with respect to any content published in this website, it may kindly be brought to our notice for appropriate action to remove such content as early as possible or publish the latest/updated content/event, if any, at info[at]dtf.in.

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)

Check Also

Reservation in Servicces

RESERVATION: 97% of OBC Quota Jobs, Admissions Went to Under 25% Sub-Castes: Report …

97% of OBC Quota Jobs, Admissions Went to Under 25% Sub-Castes: ReportU’khand HC orders quota …