Section 24 and Section 56 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR)

All Banking Updates

RBI/2018-19/86 DBR.No.Ret.BC.10/12.02.001/2018-19 December 05, 2018 All Scheduled Commercial Banks (including Regional Rural Banks) Local Area Banks, Small Finance Banks, Payments Banks Primary (Urban) Co-operative Banks (UCBs) State and Central Co-operative…

Read more

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

All Banking Updates

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…

Read more

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…

Read more