RBI Asks Banks To Exchange Up To 20 Soiled Notes Free Of Charge
Banks may soon say ‘goodbye’ to passwords
No bank strike on July 12, 13
SBI launches 3 digital initiatives; to offer services on Facebook, Twitter
From today (01.07.2016), pre-2005 banknotes can be exchanged only at select RBI offices
Go to NEWS.
- RBI Circular dated 14.07.2016 – Sovereign Gold Bonds, 2016-17 – Operational Guidelines
- RBI Circular dated 14.07.2016 – Sovereign Gold Bonds 2016-17 – Series 1
- RBI Circular dated 14.07.2016 – Facility for Exchange of Soiled/Mutilated/Imperfect Notes
- RBI Master Directions dated 07.07.2016 – Priority Sector Lending-Targets and Classification
- RBI Circular dated 30.06.2016 – Pre-2005 series of Banknotes – Revision of exchange facility
>>> RBI Circulars
□ The amended definition of the expression “NPA” under Section 2(1)(o) of the SARFAESI Act is constitutionally valid. – SC Judgment dated 28.01.2015 – Keshavlal Khemchand and Sons Pvt. Ltd. Vs. Union of India & Others >>> Supreme Court Judgements
July 15, 2016
Mumbai: In an effort to improve customer service, RBI on Friday asked banks to exchange up to 20 pieces of soiled currency notes with a maximum value of Rs 5,000 over the counter free of charge.
However, if the number of notes to be exchanged is more than 20, banks can levy service charge. …
Jul 13, 2016
IndusInd Bank did something rather attention-grabbing a few weeks back.
It made its brand ambassador Farhan Akhtar recount his experiences with passwords. And then got him to invite people to bid farewell to the passwords of yore, complete with #RIPpassword. …
12th July, 2016
CHENNAI: The two-day strike call given by major unions in the banking sector have been deferred following an restraint order by the Delhi High Court, said a top leader of All India Bank Employees’ Association (AIBEA). …
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
July 01, 2016
SBI made its debut on social media banking by launching its platform called ‘Mingle’ through which its customers can transact using Facebook and Twitter
Mumbai: The country’s largest lender, State Bank of India (SBI), launched three digital initiatives on Friday and indicated that it may have to prune its branch network once its associates are merged. …
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. …
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. …
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. …
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.
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. …
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. …
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. …
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. …
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. …
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. …
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. …
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. …
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.