In this section you will get Banking updates, such as press release, notification circular, orders and many more updates,
Latest Post:
Gross non-performing assets of scheduled commercial banks have declined
rtsprofessionalstudy
February 8, 2022
Ministry of Finance Gross non-performing assets of scheduled commercial banks have declined As per Reserve Bank of India (RBI) data...
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Enabling Dealings by IFSC – Banking Units in Bullion Unallocated Accounts
rtsprofessionalstudy
March 6, 2021
Ministry of Finance To facilitate development of the bullion market in India, generate interest in trading & hedging activities, and...
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Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI)
Suraj Rajput rtswebsit
October 20, 2020
Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI) Ministry of Finance The Government of India...
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Banking facilities in rural areas
Suraj Rajput rtswebsit
September 22, 2020
Banking facilities in rural areas Ministry of Finance To ensure availability of banking outlet (Bank branch/Business Correspondent (BC), within 5...
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President Promulgates Banking Regulation (Amendment) Ordinance, 2020Amendments to ensure better management & sound regulation of Cooperative banksFacilitates making of reconstruction/amalgamation Scheme in the interest of public/depositors/banking/proper banking company management
Suraj Rajput rtswebsit
June 29, 2020
President Promulgates Banking Regulation (Amendment) Ordinance, 2020Amendments to ensure better management & sound regulation of Cooperative banksFacilitates making of reconstruction/amalgamation...
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Government closely monitoring transmission of repo rate cut by the Banking Sector and recognise efforts of wealth creators in scripting India’s growth story : Finance Minister in a virtual meeting with PHD Chamber
Suraj Rajput rtswebsit
June 24, 2020
Government closely monitoring transmission of repo rate cut by the Banking Sector and recognise efforts of wealth creators in scripting...
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RBI announces second set of measures to preserve financial stability and help put money in the hands of the needy and disadvantaged
Suraj Rajput rtswebsit
April 19, 2020
Ministry of Finance States and UTs allowed to borrow more to manage COVID-19Reverse Repo rate reduced from 4.0% to 3.75%Relief...
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Authorisation of Union Bank of India as Primary Dealer | RBI | Bank Merger
Suraj Rajput rtswebsit
April 3, 2020
he Reserve Bank has authorised Union Bank of India to undertake Primary Dealership business departmentally with effect from April 01,...
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RBI announces further measures for dealing with the COVID-19 pandemic
Suraj Rajput rtswebsit
April 2, 2020
1. Extension of realisation period of export proceeds Presently value of the goods or software exports made by the exporters...
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FREQUENTLY ASKED QUESTIONS : RBI Allowed Banks to Declare Moratorium on Term Loans
Suraj Rajput rtswebsit
April 1, 2020
Ministry of Finance Last week, the Reserve Bank of India has allowed Banks to declare a three-month moratorium on all term...
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Annual Closing ( FY 2019-2020) of Government Accounts –| RBI Notification
Suraj Rajput rtswebsit
March 28, 2020
RBI/2019-20/194DGBA.GBD.No.1799/42.01.029/2019-20 All Agency Banks Dear Sir / Madam Annual Closing of Government Accounts – Transactions of Central / State Governments...
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Statement on Developmental and Regulatory Policies | RBI Press Release
Suraj Rajput rtswebsit
March 28, 2020
This Statement sets out various developmental and regulatory policies that directly address the stress in financial conditions caused by COVID-19....
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Bank Mergers
Suraj Rajput rtswebsit
March 20, 2020
Ministry of Finance The objective of amalgamation of the banks is to facilitate consolidation among Public Sector Banks (PSBs) to...
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Availability of NEFT System on 24×7 basis | Notification issue by RBI
Suraj Rajput rtswebsit
December 11, 2019
RBI/2019-20/111DPSS (CO) RPPD No.1097/04.03.01/2019-20 December 6, 2019 The Chairman/Managing Director/Chief Executive Officerof member banks participating in NEFT payment system Madam/Dear...
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Supersession of the Board of Directors and Appointment of Administrator – Dewan Housing Finance Corporation Limited
Suraj Rajput rtswebsit
November 20, 2019
Reserve Bank of India In exercise of the powers conferred under Section 45-IE (I) of the Reserve Bank of India...
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