Supreme Court Outlines Principles Governing Exercise of Jurisdiction under Article 227 || Supreme Court Grants Anticipatory Bail to Pawan Khera in an FIR Filed by Assam Police || SC Issues Guidelines on Summary Judgment in Commercial Suits under Order XIII-A CPC || J&K&L High Court: Post-Conviction NDPS Bail Cannot Rest on Long Incarceration Alone || Gauhati HC: Promotion Cannot be Withheld Merely Because Investigation is Pending Without Chargesheet || Kar HC: Preventive Detention under Goonda Act Cannot Rest on Offences Committed During Juvenile Age || Bombay HC: National Security Justifies Denial of Police Clearance Certificate || Bombay HC: Comic Remarks Without Malicious Intent Not Religious Insult || J&K&L High Court: Scandalous Allegations Against Judicial Officers in Pleadings Impermissible || P&H HC: Writ Petition Against Private Trust's Contractual Employment Dismissed

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 :