Fake Currency Note is a term used to refer to counterfeit currency notes. The fraudster may print imitation (Counterfeit) currency notes and cheat unsuspecting individuals by handing over them as real money. Authority to impound counterfeit notes: The Counterfeit Notes can be impounded by all Banks, Issue Offices of Reserve Bank of India. The notes…
In today’s Statement on developmental and regulatory policies, RBI said that it would set up a centralised portal to access details of unclaimed deposits by depositors or their beneficiaries across various banks. The overdue deposits or balances held in inoperative accounts remaining unclaimed for 10 years are transferred to the “Depositor Education and Awareness” (DEA)…
Updated as per RBI Master circular dated April 3, 2023 All bank branches are required to display at their branch premises, at a prominent place, a board indicating the availability of note and coin exchange facility with the legend, “SOILED/ MUTILATED NOTES AND COINS ARE ACCEPTED AND EXCHANGED HERE” for information about the general public.…
Reserve Bank of India (RBI ) on Monday extended the time for banks to renew their customer agreements for locker facilities. The banking regulator of India vide its circular dated August 18, 2021, had issued revised instructions with respect to the Safe Deposit Locker/Safe Custody Article Facility due to compliance delays.The previous deadline of December…
The administration of Jammu & Kashmir UT declared the following days to be a public holiday during the year 2023. Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 30.03.2023 Thursday RAM NAVAMI 4 04.04.2023 Tuesday MAHAVIR JAYANTI * 01.04.2023 Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 5 07.04.2023 Friday…
This post offers you holiday lists for the calendar year 2023 released by all the state Governments and administrations of Union territories of India under the explanation of section 25 of the Negotiable Instrument Act 1881 (NI Act). The holiday declared under NI Act is applicable exclusively to the banks located within the administration area…
The Administration of Lakshadweep vide order no. 35/02/2018 Genl/2677 dated 21.12.2023 declared Public holidays to be observed throughout UT Lakshadweep during the calendar year 2023 Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 18.02.2023 Saturday SHIVRATHRI 3 08.03.2023 Wednesday HOLI 4 01.04.2023* Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 5 07.04.2023 Friday GOOD…
The Administration of Ladakh order no. 388/LA (GAD) of 2022 26/12/2022 declared Public holidays to be observed throughout the UT of Ladakh during the calendar year 2023 Sr.No Date Day Occasion/Festival Date 1 26.01.2022 Wednesday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 21.03.2023 Tuesday NAUROZ * 01.04.2023 Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 4 14.04.2023…
The Administrator of Dadra-Nagar Haveli, Daman, and Diu, vide Notification No. 11/01/96-06/GA/Holiday/III/2022-23/4943 dated 20.12.2022 declared public holidays with effect from 1st Jan 2023. Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 22.03.2023 Wednesday CHAITRA SUKLADI/UGADI/CHETI CHAND 4 30.03.2023 Thursday RAM NAVAMI *5 01.04.2023 Friday ANNUAL CLOSING OF BANKS’…
Chandigarh administration vide notification No.6/1/1-IH(I)-2022/1992 dated 16.12.22 declared the following days as public holidays for the year 2023 in the Union territory of Chandigarh. Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 30.03.2023 Thursday RAM NAVAMI * 01.04.2023* Saturday BANK’S ANNUAL CLOSING OF ACCOUNTS (*Applicable only for banks)…