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Issue date of Sovereign Gold bond postponed to Sep 30


Government decides to shift the issue date of the Sovereign Gold Bonds 2016 17 Series II from September 23 2016 to September 30 2016 in view of large number of applications being received by banks and post offices The Government of India in consultation with the Reserve Bank of India RBI had notifie

Govt reiterates information shared under IDS will not be shared with any authority


Government reiterates that information contained in a valid declaration under the Income Declaration Scheme 2016 is confidential and shall not be shared with any authority The Income Declaration Scheme 2016 the Scheme provides an opportunity to persons who have not paid full taxes in the past to com

RBI directs banks to accept cash under IDS scheme


Income Declaration Scheme 2016 Acceptance of Cash Over the Counter RBI 2016 17 62 DBR No Leg BC 13 09 07 005 2016 17 September 8 2016 The Managing Directors Chief Executive Officers All Scheduled Commercial Banks including RRBs Dear Sir Income Declaration Scheme 2016 Acceptance of Cash Over the Coun

Dr Urjit R Patel takes over as new RBI Governor


Dr Urjit R Patel assumed charge as the twenty fourth Governor of the Reserve Bank of India effective September 4 2016 after serving asDeputy Governor since January 2013 He was re appointed asDeputy Governor on January 11 2016after completion of his first three year term of office Among his assignmen

Dr Urjit R Patel appointed as new Governor of RBI


Dr Urjit R Patel appointed as the New Governor of Reserve Bank of India RBI for a period of three years with effect from 4th September 2016 Dr Urjit R Patel has been appointed as the New Governor of Reserve Bank of India RBI for a period of three years with effect from 4th September 2016 He will rep

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Experts Opinions

Ipcc registration letter -direct entry students


pls let us know when i will be getting my registration number of ipcc registered on 23rd august 2016 without it i m not able to get registered myself for ITT AND ORIENTATION TRAINING if i wait more then seats of itt and orientation training will be filled up so plsss help in this regard

Rbi prescribed format for nbfc for giving finance


Dear All Can you please share the format prescribed by the Reserve Bank of India for Non Banking Financial Institutions before they provide finance Basically the CMA Report that needs to be followed by them

Non receipt of bank account during audit


Hello Sir Kindly help me on reporting of observation in audit report when the auditor is not provided with the bank statement during audit i e how to report the same in audit report As per explanation given by auditee client the bank account is not in operation for last four to five years and theref

Concurrent audit of bank


How to conduct concurrent audit of bank What is verify in bank guarantee

Concurrent audit of bank


How to conduct concurrent audit of bank What is verify in bank guarantee

Discussion

Rbi format for nbfc

Dear All Please share the cma format prescribed by the reserve bank of india for nbfc

Format of power of attorney

Power of Attorney Special Power of Attorney by Company To Sign and Execute Lease Deed Agreement Special Power of Attorney by MD WTD To Obtain Drug License and Trade License Special Power of Attorney by MD WTD in favour of Company Secretary for Statutory Matters Special Power of Attorney for Custom a

Director appointment letter

Can anyone forward a Executive director appointment letter format

How much can a bank lend to a company under companies act201

How much a bank can lend under companies act 2013

Deduction of saving a/c bank

Can saving bank charges and deduction under section 80TTA be claimed simultaneously for income tax purpose

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Payment Bank - A New Feather in Indian Banking System


As per Section 5 b of the Banking Regulation Act 1949 Banking means the accepting for the purpose of lending or investment of deposits of money from the public repayable on demand or otherwise and withdrawal by cheque draft order or otherwise Scheduled Commercial Banks in India are categorised into


Central banks stuck with dead weapons


Central Banks from US to Japan to Europe are stuck with their dead weapons of monetary policy and pleading with their masters the government to up their game The Central Banks toolsto bolster the economy is near its saturationas the efforts were not complemented with structural reform by the politic


Analysis of the insolvency and bankruptcy code, 2016


THE INSOLVENCY AND BANKRUPTCY CODE 2016 INTRODUCTION Bankruptcy isa legal status usually imposed by a Court on a firm or individual unable to meet debt obligations The current Indian Bankruptcy legal framework is highly complex developed out of multiple judicial forums resulting in a lack of clarity


The Insolvency and Bankruptcy Code 2016: An Overview


The Insolvency And Bankruptcy Code 2016 passed unanimously by both Houses of Parliament in May 2016 is considered as the biggest economic reform next only to GST Its need was highlighted due to absence of legal and institutional machinery for dealing with debt defaults in the country Provisions of m


Banking Sector in India - Market size, Investments & Developments


The Indian banking sector one of the fastest growing industry has its foundation in 18th century As per the RBI the financial economic condition of banks is far superior to any other country in the world The Indian Banking industry is currently worth Rs 81 trillion US 1 31 trillion and banks are now


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Updated on : 9/24/2016 9:50:24 PM


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