SC: Daily-Wage Status Cannot Deny Annual Increment After Regularisation || SC: Exam Marks Cannot Substitute Mandatory Qualification under Recruitment Rules || SC: Converting Civil Disputes Into Criminal Cases is a Widespread Practice || Kerala High Court Sets Aside KAAPA Preventive Detention Order Against BJP Councillor R Suguthan || Bombay High Court Punishes Two Lawyers for Contempt over Threats to Trial Judge || MP HC Plea Challenges Municipal Law Over Simhastha Kumbh Road Widening and Compensation || Calcutta High Court Orders DNA Tests to Ascertain Biological Identity in Alleged Baby-Swap Case || Bombay HC Confiscates Man's Phone for Filming Proceedings, Levies Rs. 10,000 Costs || Bombay HC: Accused Must Be Produced Before Court on Plea to Extend Investigation Period || Delhi High Court Directs Criminal Complaint Against Six CBI Officers for False Statement in Court

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 :