Tags : Discussion Paper, Governance, Commercial Banks
Enforcement action in respect of statutory auditors of commercial banks(03.06.2019)
RBI vide its Press Release dated June 29, 2018 had put in place an enforcement action framework in respect of statutory auditors for the lapses in the.....
Tags : Statutory auditors, Commercial banks, Enforcement action
Timeframe for implementation of Ind AS for scheduled commercial banks(11.02.2016)
The Reserve Bank of India notified scheduled commercial banks are required to comply with Indian Accounting Standards (Ind AS) for accounting periods .....
Tags : Indian accounting standards, commercial banks, implementation
Lending and Deposit Rates of Scheduled Commercial Banks - September 2023(28.09.2023)
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) for the month of Septe.....
Tags : Scheduled Commercial Banks, Lending Rates, Deposit Rates
Maintenance of Escrow Account with a Scheduled Commercial Bank(17.11.2020)
1. A reference is invited to the instructions issued by Reserve Bank of India vide (a) DPSS.CO.PD.No.1164/02.14.006/2017-18 dated October 11, 2017 (up.....
Tags : Maintenance, Escrow Account, Scheduled Commercial Bank
Lending and Deposit Rates of Scheduled Commercial Banks - November 2023(30.11.2023)
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the mo.....
Tags : Lending rates, Deposit Rates, Commercial Banks
RBI releases "Statistical Tables Relating to Banks in India: 2019-2020"(29.12.2020)
The Reserve Bank released its web publication entitled 'Statistical Tables Relating to Banks in India: 2019-20' covering the activities of scheduled c.....
Tags : Statistical Tables, Activities, Commercial banks
News
RBI Orders Concurrent Auditors to Submit Reports on Non-Performing Loans Directly to Banks(25.09.2015)
Reserve Bank of India (RBI) has directed concurrent auditors of commercial banks to submit their review of non-performing loans directly to the banks .....
Tags : Reserve Bank of India,concurrent auditors of commercial banks
Bom. HC: Banks to Show Evidence to Borrowers Before Invoking Circular on Wilful Default(27.03.2024)
Bombay High Court has held that commercial banks need to show the evidence to defaulting borrowers before invoking the master circular on wilful defau.....
Tags : Bombay High Court, Wilful Default, Commercial Banks
Hyderabad High Court Serves Notice to Union Minister YS Chowdary(03.11.2015)
Hyderabad High Court has issued notice to Union Minister YS Chowdary and others in a contempt petition filed by the Mauritius Commercial Bank.
Tags : Hyderabad High Court, Union Minister YS Chowdary , Mauritius Commercial Bank
RBI Issues Gold Bonds Operational Guidelines(05.11.2015)
Reserve Bank has issued operational guidelines for Sovereign Gold Bonds, 2015-16 and mandated some operational procedures for Commercial banks and pos.....
Tags : Reserve Bank of India, Commercial banks , post offices, Gold Bonds Operational Guidelines