Clipped from: https://www.taxscan.in/sbi-issues-guide-to-nri-taxation-and-fema-matters-read-order/383604/ SBI has NRI customers through 434 dedicated specialised NRIbranches/NRI Intensive branches in India and foreign offices in 29 countries. By Navasree A.M – On March 15,
Category: RBI–Banks
👍👍👍👍👍Addressing grievances | Editorial Comment – Business Standard
https://www.business-standard.com/opinion/editorial/addressing-grievances-124031401222_1.html Clipped from: https://www.business-standard.com/opinion/editorial/addressing-grievances-124031401222_1.html RBI should focus more on spreading financial awareness Illustration: Ajay Mohanty Listen to This Article Since its inception, the Integrated Ombudsman Scheme
RBI holds overnight VRRR auction to suck out banking system liquidity | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-conducts-overnight-vrrr-auction-as-banking-system-liquidity-improves-124031401027_1.html lipped from: https://www.business-standard.com/finance/news/rbi-conducts-overnight-vrrr-auction-as-banking-system-liquidity-improves-124031401027_1.html The surplus liquidity in the banking system stood at Rs 13,377 crore on Wednesday, against Rs 4,356 crore on Tuesday, according to
Clipped from: https://www.business-standard.com/finance/news/rbi-reconstitutes-committee-of-advisors-of-abhyudaya-cooperative-bank-124031401156_1.html
In November last year, RBI had superseded the Board of Directors of Abhyudaya Cooperative Bank for one year citing poor governance standards Photo: Bloomberg Listen
SBI on check – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sbi-on-check/article67939232.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sbi-on-check/article67939232.ece Embarrassment for the bank at the apex court The Supreme Court has done well to pin down a dithering State Bank of
👍👍👍👍👍UDGAM alone cannot resolve unclaimed bank balances – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/udgam-alone-cannot-resolve-unclaimed-bank-balances/article67946325.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/udgam-alone-cannot-resolve-unclaimed-bank-balances/article67946325.ece RBI must undertake a nationwide campaign to update nominees on bank accounts The problem of unclaimed balances lying with banks has refused
RBI bars Federal Bank, South Indian Bank from issuing co-branded credit cards – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-bars-federal-bank-south-indian-bank-from-issuing-co-branded-credit-cards/article67947803.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-bars-federal-bank-south-indian-bank-from-issuing-co-branded-credit-cards/article67947803.ece South Indian Bank says that it will not on-board any fresh customers under co-branded credit cards until it is fully compliant with
👍👍👍Handling complaints costs RBI Rs 144 cr: Here’s state-wise breakdown | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/handling-complaints-costs-rbi-rs-144-cr-here-s-state-wise-breakdown-124031300618_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/handling-complaints-costs-rbi-rs-144-cr-here-s-state-wise-breakdown-124031300618_1.html The total cost of handling complaints across ORBIO’s offices in India, including those in Ahmedabad and Raipur, amounted to Rs 143.56 crore
👍👍👍👍👍RBI’s role in financial innovation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/rbis-role-in-financial-innovation/article67943823.ece Clipped from: https://www.thehindubusinessline.com/opinion/rbis-role-in-financial-innovation/article67943823.ece Resolving the conflict between public and private good is vital. RBI must clarify fintechs’ concerns The recent clampdown by RBI on a
👍👍👍RBI unveils draft guidelines on climate-related financial disclosures – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-draft-guidelines-on-climate-related-financial-disclosures/article67946469.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-draft-guidelines-on-climate-related-financial-disclosures/article67946469.ece The guidelines require comprehensive disclosures aligned with the global TCFD framework On February 28, the Reserve Bank of India (RBI unveiled draft
👍👍👍Total of 22,217 electoral bonds purchased from Apr 1, 2019 to Feb 15, 2024: SBI to SC – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/national/total-of-22217-electoral-bonds-purchased-from-apr-1-2019-to-feb-15-2024-sbi-to-sc/article67946532.ece Clipped from: https://www.thehindubusinessline.com/news/national/total-of-22217-electoral-bonds-purchased-from-apr-1-2019-to-feb-15-2024-sbi-to-sc/article67946532.ece The Supreme Court directed the Election Commission to publish the details shared by SBI on its official website by 5 pm on
👍👍👍👍👍👍👍KYC rules to change: Uniform KYC for all — opening bank account to buying insurance to investing in stocks, mutual funds – CAalley.com
https://caalley.com/new-update/indian-news-listings/kyc-rules-to-change-uniform-kyc-for-all-opening-bank-account-to-buying-insurance-to-investing-in-stocks-mutual-funds Clipped from: https://caalley.com/new-update/indian-news-listings/kyc-rules-to-change-uniform-kyc-for-all-opening-bank-account-to-buying-insurance-to-investing-in-stocks-mutual-funds KYC rules to change: Mar 13, 2024 SynopsisIn its recent meetings, FSDC, chaired by Finance Minister Nirmala Sitharaman, proposed to bring uniform
👍RBI bars IIFL Finance from sanctioning and disbursing gold loans | Company News – Business Standard
https://www.business-standard.com/companies/news/rbi-bars-iifl-finance-from-sanctioning-and-disbursing-gold-loans-124030400869_1.html Clipped from: https://www.business-standard.com/companies/news/rbi-bars-iifl-finance-from-sanctioning-and-disbursing-gold-loans-124030400869_1.html Move after no corrective action to address norm breach; ban to be reviewed after special audit; 2,721 gold loan branches manned by
👍👍👍👍👍Is RBI’S intervention approach harmful? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/is-rbis-intervention-approach-harmful/3412154 Clipped from: https://www.financialexpress.com/opinion/is-rbis-intervention-approach-harmful/3412154/ RBI intervention would still be necessary to control the volatility to ensure that excess inflows or outflows did not push the rupee
👍RBI likely to revoke banking licence of Paytm Payments Bank – Banking & Finance News | The Financial Express
https://www.financialexpress.com/business/banking-finance-paytm-payments-bank-likely-to-lose-banking-licence-bkg-3412898 lipped from: https://www.financialexpress.com/business/banking-finance-paytm-payments-bank-likely-to-lose-banking-licence-bkg-3412898/ The report also said that while there were many banking majors interested in the acquisition of Paytm Payments Bank, however, ‘inadequate KYC
aniltikotekar4sme.com 