Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
In view of cash supply to rural areas at present are not commensurate with the requirements of rural populations, RBI advised banks to take steps to ensure that at least…
The operation procedure for old/sick/incapacitated bank customers is laid down in para 5.6.2 of RBI Master circular. According to the circular, the cases of sick/old/incapacitated account holders fall into the…
The Reserve Bank of India has introduced a facility of exchange now defunct Rs.500/-& Rs.1000/- notes to those who were abroad during November 9, 2016, to December 30, 2016. In…
RBI vide its circular no.DCM (Plg) No. 2142/10.27.00/2016-17 dated 30.12.2016 reviewed daily Cash withdrawal limits from ATMs with effect from January 01, 2017. The new limit for cash withdrawal is…
(The list of holidays and festivals in Indian for all states/UTs of India during 2017) Indian bank holidays are declared under explanation to section 25 of the Negotiable Instrument Act…
The public holidays for the Central Government offices are divided into two parts. The administrative offices of Central Government situated outside Delhi and New Delhi observes 14 public holidays enumerated…
In terms of the latest amendment to master circular of RBI, the Banks which extend the Prepaid Payment Instruments facility the other entities / ‘employers’ such as unlisted corporates /partnership…
In a rejoinder to widely spread Social media rumours about RBI’s declaration of ₹ 10 coins as invalid, the central bank vide its press release no.RBI/2016-2017/1257 dated Nov 20, 2016,…
Today (21/12/2016), Reserve Bank modified its circular DCM (Plg) No. 1859/10.27.00/2016-17 dated December 19, 2016. In terms of the modification to said circular the provisions of sub para (i) and…
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