Community & General Notification & Circulars
Withdrawal of Legal Tender Character of Specified Bank Notes: RBI asks Cooperative Banks to ensure Strict Compliance to its Instructions
Notification No#2016-2017/1215 15 November 2016There were reports that some cooperative banks were not strictly adhering to the instructions issued in connection with the withdrawal of legal tender status of the existing ₹ 500 and ₹ 1000 bank notes (specified bank notes). The Reserve Bank of India today informed that it has advised the Urban Coo..
Usage of ATMs – Waiver of customer charges
Notification No#DPSS.CO.PD.No.1240/02.10.004/2016-2017 14 November 2016RBI/2016-17/132 DPSS.CO.PD.No.1240/02.10.004/2016-2017 November 14, 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 White L..
Withdrawal of Legal Tender Character of Specified Bank Notes – Expanding the distribution locations for deposit and withdrawal of cash
Notification No#DCM (Plg) No. 1274/10.27.00/2016-17 14 November 2016RBI/2016-17/131 DCM (Plg) No. 1274/10.27.00/2016-17 November 14, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks/ District Central C..
Constitution of Task Force for enabling dispensation of Mahatma Gandhi (New) Series Banknotes - Recalibration and reactivation of ATMs
Notification No#2016-2017/1197 14 November 2016It has become necessary to re-calibrate all ATMs/ Cash handling machines to dispense the new design notes following introduction of Mahatma Gandhi (New) Series Banknotes including a new High Denomination (₹ 2000) in new designs. 2. ATMs play a vital role in meeting the currency requirem..
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Applicability of the Scheme to DCCBs
Notification No#DCM (Plg) No.1273/10.27.00/2016-17 14 November 2016RBI/2016-17/130 DCM (Plg) No.1273/10.27.00/2016-17 November 14, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Foreign Banks/Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks/ District Central Co..
DCCBs can allow existing customers to withdraw upto ₹ 24,000 from their accounts : RBI
Notification No#2016-2017/1198 14 November 2016The Reserve Bank of India has today clarified that District Central Cooperative Banks (DCCBs) can allow their existing customers to withdraw money from their accounts upto ₹ 24,000 per week upto November 24, 2016. However, no exchange facility against the specified bank notes (₹ 500 and ₹ 1000) or d..
Issue of ₹ 500 banknotes inset letter ‘L’ in Mahatma Gandhi (New) Series
Notification No#2016-2017/1196 13 November 2016The Reserve Bank of India will shortly issue ₹ 500 denomination banknotes in Mahatma Gandhi (New) Series with inset letter ‘L’ in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India, the year of printing '2016’ and Swachh Bharat L..
Don't draw and hoard; enough cash in small denominations available at RBI and banks: RBI
Notification No#2016-2017/1194 13 November 2016he Reserve Bank assures members of the public that enough cash in small denominations is also available at the Reserve Bank and banks. The Reserve Bank urges that public need not be anxious; need not come over to banks repeatedly to draw and hoard; Cash is available when they need it. A..
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Reporting and Monitoring – Information on Issuance of banknotes over the counters / ATMs
Notification No#DCM (Plg) No.1268/10.27.00/2016-17 12 November 2016RBI/2016-17/128 DCM (Plg) No.1268/10.27.00/2016-17 November 12, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Cooperative Banks Dear Sir, Withdrawal of Leg..
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes –Limit for Withdrawal of Cash
Notification No#1251/10.27.00/2016-17 10 November 2016RBI/2016-17/123 DCM (Plg) No.1251/10.27.00/2016-17 November 10, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir..
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
