APRA GRANTS NEW GENERAL INSURANCE LICENCE TO EUROP ASSISTANCE AUSTRALIA

SYDNEY, April 1 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has granted Europ Assistance Australia Pty Ltd ... Read More

MASTER DIRECTION ON INCENTIVES FOR CURRENCY DISTRIBUTION AND EXCHANGE AND PENALTIES / PENAL PROVISIONS FOR BANK BRANCHES AND CURRENCY CHESTS FOR DEFICIENCY IN RENDERING CUSTOMER SERVICE AND REPORTING OF TRANSACTIONS / BALANCESTABLE OF CONTENTSSR. NO.NATURE OF SERVICEPARTICULARS OF INCENTIVES/ SERVICE CHARGES1.11.21.31.41. PENALTIES FOR BANK BRANCHES FOR DEFICIENCY IN RENDERING CUSTOMER SERVICESR. NO.NATURE OF IRREGULARITYPENALTY1.11.22. PENALTIES FOR ATM CASH-OUTSR. NO.NATURE OF IRREGULARITYPENALTY2.13. PENALTIES FOR DEFICIENCY IN OPERATIONS OF CCSSR. NO.NATURE OF IRREGULARITYPENALTY3.13.2CPMPENALTYCPM < 5100% OF NOTIONAL VALUE OF COUNTERFEIT NOTES5 ≤ CPM < 20150% OF NOTIONAL VALUE OF COUNTERFEIT NOTESCPM ≥ 20200% OF NOTIONAL VALUE OF COUNTERFEIT NOTES3.33.43.53.6SR. NO.NATURE OF IRREGULARITYPENAL PROVISIONS1.SR. NO.NATURE OF IRREGULARITYPENAL PROVISIONS1.TYPE OF EXPENDITURE CLAIMEDPERIODAMOUNT CLAIMED (INCLUSIVE OF TAXES) (A)AMOUNT REIMBURSED (INCLUSIVE OF TAXES) 50% OF (A)REVENUE COST1ST YEAR₹15 LAKH₹7.5 LAKH2ND YEAR₹16 LAKH₹08 LAKH3RD YEAR₹16 LAKH₹08 LAKH4TH YEAR₹17 LAKH₹8.5 LAKH5TH YEAR₹18 LAKH₹09 LAKHDETAILS OF SOILED NOTES REMITTANCE RECEIVEDDENOMINATION₹10 / ₹20 / ₹50₹100 SCENARIO 1SCENARIO 2 5500750050005575501107524553907425NA5374NA106148NA40005395790TOTAL PIECES (DEPOSITED)TOTAL PIECES (WITHDRAWN)TOTAL BAGS (DEPOSITED)TOTAL BAGS (WITHDRAWN)NET STANDARD BAGS (WITHDRAWN)400025001.61-0.607500033200040001213.43SCENARIORECOVERY/CREDIT*PENALTY AMOUNT*SCENARIOLOSS RECOVEREDPENALTY AMOUNTDENOMINATION₹5₹10₹20₹50₹100₹200₹500₹20001,30,00021,50,00013,40,00011,00,00011,92,00090,0001,70,00020,000004940221DENOMINATION₹5₹10₹20₹50₹100₹200₹500₹2000042816201510SCENARIOPENALTY

MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification: RBI/DCM/2026-27/393 DCM (CC) No. G-3/03.06.001/2026-27 April 01, 2026 The Chairman / Managing Director / Chief Ex... Read More

OVERSEAS INVESTMENT - SUBMISSION OF REFERENCES TO THE RESERVE BANKSR. NOUIN WITH PREFIXREGIONAL OFFICE OF RBI TO WHICH THE REFERENCE IS TO BE SENT TO1.AHMEDABAD2.BENGALURU3.MUMBAI4.KOLKATA5.NEW DELHI6.HYDERABAD7.CHENNAI

MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification: RBI/2026-27/03 A.P. (DIR Series) Circular No. 02 April 01, 2026 All Authorised Dealer Category I Banks Madam / S... Read More

REPORTING UNDER FOREIGN EXCHANGE MANAGEMENT ACT, 1999 - RETURNS PERTAINING TO FOREIGN EXCHANGE MANAGEMENT (GUARANTEES) REGULATIONS, 2026

MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification: RBI/2026-27/02 A.P. (DIR Series) Circular No. 01 April 01, 2026 All Authorised Persons Madam / Sir, Reporting u... Read More

IMPLEMENTATION OF SECTION 51A OF UAPA, 1967: UPDATES TO UNSC'S 1267/ 1989 ISIL (DA'ESH) & AL-QAIDA SANCTIONS LIST: LISTING OF 01 ENTRY

MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification: RBI/2026-27/01 DOR.AML.REC.1/14.06.001/2026-27 April 01, 2026 The Chairpersons/ CEOs of the Commercial Banks, S... Read More

RISK MANAGEMENT AND INTER-BANK DEALINGS (REVISED)

MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification: RBI/2026-27/04 A.P. (DIR Series) Circular No. 03 April 01, 2026 To, All Authorised Dealers Madam/Sir, Risk Man... Read More

WITHDRAWAL OF ₹2000 DENOMINATION BANKNOTES - STATUS

MUMBAI, India, April 1 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) had announced the withdrawal of &#8377;2000 denomination banknotes from circulation... Read More

MONEY MARKET OPERATIONS AS ON MARCH 30, 2026

MUMBAI, India, April 1 -- Reserve Bank of India issued the following press release: (Amount in &#8377; crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average ... Read More

DIRECTIONS UNDER SECTION 35A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - THE BHAVANI SAHAKARI BANK LTD., MUMBAI - EXTENSION OF PERIOD

MUMBAI, India, April 1 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1... Read More

PROCESSING OF APPLICATIONS RECEIVED UNDER THE CITIZEN'S CHARTER - STATUS AS ON MARCH 31, 2026

MUMBAI, India, April 1 -- Reserve Bank of India issued the following press release: Analysis of the performance under the Citizen's Charter during the month of March 2026 has been carried out, and th... Read More

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