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…
Read article 2019 List of Holidays for Central Government Offices
List of Holidays for Central Government Offices for the year 2019 Sr.No Date Day Occasion/Festival Date 1 January 26 Saturday REPUBLIC DAY 2 April 17 Wednesday MAHAVEER JAYANTI 3 April 19 Friday GOOD FRIDAY 4 May 18 Saturday BUDDHA PURNIMA 5 June 05 Wednesday RAMZAN (IDUL FITR) 6 August 12 Monday ID-UZ-ZUHA (BAKRID) 7 August…
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Policy Repo Rate remains unchanged : RBI announces 5th Bi-Monthly Statement for 2018-19
December 5, 2018: The Monitory Policy Committee (MPC) of Reserve Bank of India in its fifth Bi-Monthly Statement for 2018-19, announced today(December 5,2018) keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent. Consequently, the reverse repo rate under the LAF remains at 6.25 per cent, and the marginal…
Read article RBI Press release on Central Board meets at Mumbai
RBI Press release 2018-2019/1165 date November on 19.11.2018 on Central Board meets at Mumbai The Reserve Bank of India’s (RBI) Central Board met ON 21.11.2018 in Mumbai and discussed the BASEL REGULATORY CAPITAL FRAMEWORK, A RESTRUCTURING SCHEME for stressed MSMEs, BANK HEALTH UNDER PROMPT CORRECTIVE ACTION (PCA) framework and the ECONOMIC CAPITAL FRAME WORK (ECF)…
Implementation of Positive Confirmation for RTGS transactions
Up till now, NEFT system has been providing a positive confirmation to the remitter of the funds regarding completion of the funds transfer, thus giving an assurance to the remitter that the funds have been successfully credited to the beneficiary account. Now onwards same facility will be extended by the banks to the remitter of…
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