The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by the RBI. The last press release in this regard was published on December …
Professional Development Committee The Institute of Chartered Accountants of India 28th December, 2023 Announcement Clarification regarding Guidelines issued by RBI for Appointment of SCAs/SAs of Commercial Banks (Excluding RRBs), UCBs and NBFCs (including HFCs) As members are aware, the RBI has issued a Circular dated April 27, …
The Reserve Bank of India (RBI) has received ₹2.72 lakh crore in ₹2000 notes since May 19, 2023. This is about 76% of the ₹2,000 banknotes that were in circulation as on May 19. The RBI had announced on May 19 that it would be withdrawing …
Reserve Bank of India(RBI) Recruiting for the position IT Security Expert, Data Analyst, Analyst and Various .This position requires CA,CS,CFA,MBA,LLB,LLM,M.Com,B Tech. Interested and eligible candidates have to apply with like arranged at bottom of this post. This vacancy available from 28th June 2023 and will expire …
Reserve Bank of India(RBI) Recruiting for the position Consultants or Subject Specialists or Analysts .This position requires CA,CS,LLM,M.A,M.Com,B.Tech/B.E,LLB,Any Post Graduate,M.Sc,M.E/M.Tech,MCA,M.Phil/Ph.D. Interested and eligible candidates have to apply with like arranged at bottom of this post. This vacancy available from 21st June 2023 and will expire soon …
Spending in foreign exchange through international credit cards will be covered under the RBI’s liberalised remittance scheme (LRS), under which a resident can remit money abroad up to a maximum of $2.50 lakh per annum without the authorisation of the Reserve Bank, as per a Finance Ministry …
Rs.2000 Denomination Banknotes Withdrawal from Circulation; Will continue as Legal Tender The Rs.2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender …
The Reserve Bank of India (RBI) has informed all financial institutions including banks and NBFCs to treat informal micro enterprises (IMEs) not covered under the Goods and Services Tax (GST) regime or exempted from the CGST Act, 2017, but having the Udyam Assist Certificate (UAC) as …
The Reserve Bank has undertaken a comprehensive review of the system of processing of applications for registration as Core Investment Companies (CICs) to make the registration process smoother and hassle free. Accordingly, the application form has been revamped to make it structured and aligned with the …
