Real Time Gross Settlement (RTGS) System – Implementation of Positive Confirmation

RBI/2018-19/76 DPSS (CO) RTGS No.1049/04.04.016/2018-19 November 15, 2018 The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS Madam / Dear Sir, Real Time Gross…

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Subsidiary General Ledger Account and Constituents' Subsidiary General Ledger Account: Eligibility Criteria and Operational Guidelines

All Banking Updates

In exercise of powers conferred by Section 4 of Government Securities Act 2006, Reserve Bank of India had notified the conditions applicable for opening and maintaining of Subsidiary General Ledger…

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Discussions are underway with the RBI to appropriate economic capital framework

Further, “Discussions are underway with the RBI to decide the appropriate economic capital framework of the central bank,” Subhash Chandra Garg, secretary of the department of economic affairs, ministry of…

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