Others Notification & Circulars

Card Not Present transactions – Relaxation in Additional Factor of Authentication for payments upto ₹ 2000/- for card network provided authentication solutions

Notification No#1431/02.14.003/2016-17 06 December 2016

RBI/2016-17/172 DPSS.CO.PDNo.1431/02.14.003/2016-17 December 6, 2016 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs/ Urban Co-operative Banks / State Co-operative Banks/ District Central Co-operative Banks/ Authorised Ca..

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Payment to Suppliers etc. by Government Departments through e-payment

Notification No#3(2)(1)/2016/R&P Rules/Amendment/ 649 05 December 2016

F. No. 3(2)(1)/2016/R&P Rules/Amendment/ 649 Ministry of Finance Department of Expenditure O/o Controller General of Accounts Mahalekha Niyantrak Bhawan, GPO Complex, E-Block, INA New Delhi-110023 Date: 05-12-2016 OFFICE MEMORANDUM ..

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Allocation of banknotes

Notification No#1508/10.27.00/2016-17 02 December 2016

RBI/2016-17/169 DCM (Plg) No. 1508/10.27.00/2016-17 December 02, 2016 The Chairman / Managing Director/ Chief Executive Officer (All banks maintaining currency chests) Dear Sir, Allocation of banknotes Please refer to our circular DCM (Pl..

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Aadhaar-based Authentication for Card Present Transactions

Notification No#1421/02.14.003/2016-17 02 December 2016

RBI/2016-17/170 DPSS.CO.PD No.1421/02.14.003/2016-17 December 02, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/ Authoris..

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Financing of Infrastructure – ‘Definition of 'Infrastructure Lending'

Notification No#42/08.12.014/2016-17 01 December 2016

RBI/2016-17/168 DBR.BP.BC.No.42/08.12.014/2016-17 December 1, 2016 All Scheduled Commercial Banks (Excluding RRBs) All India Term-Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Madam/Dear Sir, Financing of Infrastructure &n..

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Withdrawal of Legal Tender from SBNs: RBI cautions against Information received on Unsecured/Unofficial Channels

Notification No#2016-2017/1382 01 December 2016

In the wake of withdrawal of legal tender character from the Specified Bank Notes (SBNs), the Reserve Bank of India has, from time to time, been issuing instructions to the banks which are sent directly to banks through an official mail. These are also placed on the Reserve Bank’s of..

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Encouraging usage of Debit Cards among Government employees

Notification No#25 (30)/E.Coord/2016 01 December 2016

IMMEDIATE F.No. 25 (30)/E.Coord/2016 Ministry of Finance Department of Expenditure New Delhi, 01st December 2016 OFFICE MEMORANDUM Subject: Encouraging usage of Debit Cards among Government employees In the recent years advancements in..

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Gazette Notification No. S.O. 3599(E), in continuation of gazette notification No. S.O. 3407(E)

Notification No#3599(E) 30 November 2016

MINISTRY OF FINANCE (DEPARTMENT OF ECONOMIC AFFAIRS) NOTIFICATION New Delhi, 30th November, 2016 S.O. 3599(E).—In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby furthe..

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Clarification on “Extension of grace period for payment of renewal premium of life insurance policies in light of recent demonetization”

Notification No#IRDA/ACTL/CIR/MISC/238/11/2016 29 November 2016

To All the CEOs of the Life Insurance Companies Re: Clarification on “Extension of grace period for payment of renewal premium of life insurance policies in light of recent demonetization” Reference is drawn to the Circular Ref: IRDA/ACTL/CIR/ULIP/236/11/2016 dated 25t..

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Deposit of Specified Bank Notes (SBNs) – Chest Balance Limit / Cash Holding Limit

Notification No#1459/10.27.00/2016-17 29 November 2016

RBI/2016-17/164 DCM (Plg) No. 1459/10.27.00/2016-17 November 29, 2016 The Chairman / Managing Director/ Chief Executive Officer, (All banks maintaining currency chests) Dear Sir, Deposit of Specified Bank Notes (SBNs) – Chest Balance Limit / Cash Hol..

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