Procedure for Importing Gold into India
Indians love gold and gold is one of the major imports into India. During financial year 2014-15, In...
Difference between MICR and IFSC Code
Do you know difference between MICR and IFSC code? MICR and IFSC code are used for financial transac...
New Guidelines on Concurrent Audit of Banks
RBI Issues New Guidelines on Concurrent Auditing at Branches The Reserve Bank on Thursday said the c...
Acceptance Of Deposits By Companies Under Companies Act, 2013
Chapter V of the Act deals with the acceptance of deposits by companies. For th...
RBI pitches in for bringing in legislative process to mandate PSUs for timely payments to MSMEs
Recovery of dues is a major challenge for the MSMEs, said Reserve Bank of India (RBI) deputy governo...
How to do Forex Trading in India?
Trading in foreign currency is known as Forex Trading. You might have noticed that the value of the ...
Now banks can issue FDs exceeding 15 lakhs without option of pre-mature withdrawal at differential interest rates
Earlier, banks were allowed to offer differential rates of interest on term deposits on the basis of...
Complaints against banks increase by 8.55% during 2013-14
Complaints received by offices of banking ombudsmen increased by 8.55 per cent during the year...
Making payments for imports made easy
Reserve Bank of India has further liberalized the regime for making payments for imports by doing aw...
RBI Comments on Bank Auditors
RBI asks bank auditors to have a stringent monitoring process Pointing to the gaps in the auditors&#...