Home » Tag Archives: rbi

Tag Archives: rbi

Finally Rs.200 Note Gets Into Circulation to Bridge ‘Missing Link’

200 note

As reported earlier, new Rs. 200 notes have entered the circulation with many ATMs being recalibrated to provide the notes which are similar in size to Rs.500 notes but vary in colour with the colour yellow dominating the appearance. The Reserve Bank of India, the central bank, has described the ne note as the missing link in the demonetisation process ...

Read More »

Measures to check cyber crimes in Banking System

As per data reported by the Reserve Bank of India (RBI), the number of cyber crime pertaining to credit card, ATM, debit card and Internet banking shows a marginal increase of 4.4% from 13,083 in 2014-15, to 13,653 in 2016-17. RBI has issued Cyber Security Framework in Banks, mandating banks to put in place a Board-approved cyber-security policy, which covers ...

Read More »

Ministry Asks Banks to Show New Currency Deposit Receipts

The Ministry of Finance, Government of India through its Department of Financial Services(DFS) has asked all the Public Sector Banks(PSBs) and the Indian Bankers Association (IBA) to ensure hundred percent(100%) that deposits of new currency is properly reflected in the customers’ counterfoils. In a letter addressed to all the Managing Directors (MDs) & Chief Executive Officers (CEOs)/Chairman cum Managing Directors ...

Read More »

BREXIT Fall Out: PM Cameron to Quit in October

Now that the UK has done what was expected in the last one decade, exiting from the European Union, Britain’s Prime Minister David Cameron has decided to quit from the office in October as the referendum went against his wish to continue in the Union. In India, the government’s reaction is on expected lines that the economy has enough "firepower" ...

Read More »
error: Content is protected !!