Bank Holidays 2019: Rajasthan State
The following holidays declared under NI Act 1881 by the Government of Rajasthan are applicable exclusively to the banks located within the State of Rajasthan’s administration. List of Holidays Sr.No Date Day Occasion/Festival Date 1 26.01.2019 Saturday REPUBLIC DAY 2 21.03.2019 Thursday HOLI/GULANDI 3 01.04.2019 Monday Banks’ Annual closing of accounts 4 13.04.2019 Saturday…
Read article Bank Holidays 2019: Punjab State
The following holidays declared under NI Act 1881 by the Government of Punjab are applicable exclusively to the banks located within the State of Punjab administration. List of Holidays Sr.No Date Day Occasion/Festival Date 1 26.01.2019 Saturday REPUBLIC DAY 2 19.2.2019 Tuesday GURU RAVIDAS BIRTHDAY 3 21.03.2019 Thursday HOLI 4 01.04.2019 Monday BANK’S ANNUAL CLOSING…
Read article Bank Holidays 2019: Madhya Pradesh
The following holidays declared under NI Act 1881 by the Government of Madhya Pradesh are applicable exclusively to the banks located within the State of Madhya Pradesh administration. List of Holidays Sr.No Date Day Occasion/Festival Date 1 26.01.2019 Saturday REPUBLIC DAY 2 04.03.2019 Monday MAHASHIVARATRI 3 21.03.2019 Thursday HOLI 4 01.04.2019 Monday Banks’ Annual Closing…
Read article Bank Holidays 2019: Kerala State
List of Bank Holidays for the year 2019: Kerala State The following holidays declared under NI Act 1881 by the Government of Kerala are applicable exclusively to the banks located within the State of Kerala administration. Sr.No Date Day Occasion/Festival Date 1 26 Jan 2019 Saturday Republic Day 2 4 March 2019 Monday Maha Shivarathri…
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No TDS on Interest up to Rs.50000/- in case of Senior Citizens
Directorate of Income taxes (systems) New Delhi vide its notification no 06/2018 dated December 6, 2018 advised TDS detectors and Banks that they should not deduct tax at source in the case of Senior Citizens where the amount of such income or, the aggregate of the amounts of such income credited or paid during the…
What is Internal Capital Adequacy Assessment Process (ICAAP)?
The regulatory capital framework placed by RBI under Pillar 1 has increased importance on risk management and banks are required to employ suitable procedures and systems in order to ensure their capital adequacy. Such procedures employed by the banks are referred collectively as the Internal Capital Adequacy Assessment Process (ICAAP). The purpose of the Internal…
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