RBI: Moratorium of three months on EMI of all loans as on March 1, 2020. All commercial banks (including regional rural banks, small finance banks and local area banks), co-operative banks, all-India Financial Institutions, and NBFCs (including housing finance companies and micro-finance institutions) (“lending institutions”) are being permitted to allow a moratorium of three … [Read more...]
RBI Introduces Rs. 200 denomination banknote
RBI Introduces Rs. 200 denomination banknote Reserve Bank of India Department of Communication Central Office, S.B.S.Marg, Mumbai.400001 RBI Introduces ₹ 200 denomination banknote The Reserve Bank of India will issue on August 25, 2017 ₹ 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India … [Read more...]
Finmin Order: ATM Withdrawal limits increased to Rs.10,000
Finmin Order: ATM Withdrawal limits increased to Rs.10,000 RBI/2016-17/213 DCM (Plg) No.2559/10.27.00/2016-17 January 16, 2017 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-operative Banks Dear … [Read more...]