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BANKING AND FINANCE NEWS

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Dispensation of Rs.100 denomination banknotes through exclusive ATMs

November 3, 2016

23 slabs DA increase for workmen and officers of banks

November 1, 2016

Publishing of photographs of declared wilful defaulters

September 29, 2016

Income Declaration Scheme, 2016 – Banks must accept large amount of Cash without any conditions

September 8, 2016

Sovereign Gold Bonds 2016-17 – Series II open for subscription

August 30, 2016

Urjit Patel appointed as new RBI Governer

August 20, 2016

First move to consolidate PSBs: Union cabinet approved merger of 5 associate banks and Mahila Bank with SBI

August 18, 2016

Mandatory certification for the staff manning key responsibilities in Banks

August 11, 2016

What is the cheque book issue policy for frequent dishonour of cheque?

August 5, 2016

RBI launches Website ‘सचेत’ (‘Sachet’) in a move to curb illegal Collection of Deposits

August 4, 2016

Bankers Dearness Allowance calculation explained

July 30, 2016

The issuance of the Sovereign Gold Bonds 2016 – Series I

July 14, 2016

Currency limit for purchase from duty-free shops increased

July 9, 2016

Interest rates for small savings schemes for the quarter July 2016 to September 2016

June 21, 2016

Union Cabinet approves take-over by State Bank of India (SBI) of all the 5 of its subsidiaries

June 15, 2016

Second Bimonthly statement of RBI: Key policy rate remain unchanged

June 7, 2016

Dearness Allowance (DA) for Bank employees and officers for the months of May 2016 to July 2016

April 29, 2016

Interest rate on small savings schemes slashed

March 19, 2016

Budget 2016 highlights for individual tax-payers

February 29, 2016

Income Tax slabs and key tax legislation for the FY 2015-16 (AY 2016-17)

February 26, 2016

RBI extends SAARC Currency Swap Arrangement till November 14, 2017

February 23, 2016

DA (Dearness Allowance) for Bank employees for the quarter Feb’16- Apr’16

February 12, 2016

Exchange of pre-2005 bank notes extended

February 11, 2016

RTGS service charges revised

February 5, 2016

New definition of “Currency”

February 5, 2016

Revision of FEMA regulations

February 5, 2016

RBI’s Sixth Bi-Monthly Statement : Repo, CRR etc.

February 2, 2016

RBI issues second trench of Soverein Gold Bonds at ₹ 2,600/- per gram

January 17, 2016

Key policy rates remain unchanged in the 5th bi-monthly monitory policy statement of RBI

December 1, 2015

Postponement of issue date of Sovereign Gold Bonds 2015

November 25, 2015

Date extended for application for Bharat Bill Payment Operating units

November 17, 2015

Government announces the issue price of Sovereign Gold Bond (SGB) at Rs.2684/-

November 3, 2015

DA for the Bank employees and officers for November 2015 to January 2016

October 30, 2015

Introduction of National Pension System (NPS) for Non Resident Indians

October 29, 2015

The issue price of Sovereign Gold Bond (SGB) fixed at Rs.2684/ per gram of gold

October 3, 2015

RBI nicks rate by 50 BPS, REPO rate under LAF reduced to 6.75%

September 29, 2015

10 entities got licences to set up Small Banks

September 17, 2015

Modalities for commission payable to KVP agents at Banks

September 11, 2015

RTGS time window w.e.f September 1, 2015

September 2, 2015

Second and fourth Saturdays are Public Holidays for Banks from September 2015

August 30, 2015

Extension of time for migration of existing magnetic stripe cards to EMV Chip and PIN based cards

August 27, 2015

Cash withdrawal limit at POS (Point of Sale) doubles for Tier III to VI centres

August 27, 2015

Relief measures and rescheduling of loans in area affected by Natural Calamities

August 21, 2015

2nd and 4th Saturdays of every month are Public Holidays for Banks

August 21, 2015

Withdrawal of additional interest on Bank deposits: AGID,NGIF and AFGIS lost benefits

August 6, 2015

The key rates and LAF unchanged at 7.25 per cent

August 4, 2015

Now commercial banks can appoint their retired staff as ‘Concurrent Auditor’

July 17, 2015

Provisioning and reporting of Credit Card NPAs to Credit Information Companies

July 16, 2015

Overnight MIBID/MIBOR benchmark will be revised from July 22, 2015

July 2, 2015

Circulation of pre-2005 Currency notes extended up to December 31, 2015

June 27, 2015
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