J&K&L HC Quashes 65-Year-Old's Detention, says Cattle Smuggling isn't Public Disorder || Karnataka HC Bars Denial of MV Inspector Posts over Experience with Non-Existent HGV/HPV Vehicles || P&H HC: Lengthy Incarceration alone is No Substantial Change for Repeat Bail Plea || Meghalaya HC Flags Amicus' Non-Appearance amid Lawyers' Strike, Stresses Loyalty to Justice || MP HC: Arms Act doesn't allow Sports Firearm Licence Conversion to Self-Defence Category || Delhi HC: Public Funding of LTC, CGHS Benefits doesn't Mandate Personal Disclosure under RTI || Delhi HC: Fake Caste Certificate alone cannot Justify Removing Advocate from State Rolls || Delhi HC Refuses to Stop Sale of 47 Law Books in Family Copyright Dispute || Supreme Court: S. 394 IPC Conviction Requires Proof of Robbery or Attempted Robbery || Supreme Court Questions MP HC's Cryptic Reduction of Murder Conviction as 'Shocking'

Oversight of Government Business in Agency Banks- (Reserve Bank of India) (07 Apr 2016)

MANU/RMIC/0060/2016

Banking

The Reserve Bank of India put in place a new system of oversight of government business conducted with agency banks. The new enlarged review will now also cover government business at Head Offices of agency banks; review was previously limited to focal point branches and centralised pension processing centres. Existing practices of issuing reports at the end of the review will also be discontinued. The Bank will have intervallic interactions with senior executives of the banks dealing with government business.

Tags : GOVERNMENT BUSINESS AGENCY BANK INSPECTION

Share :