RTGS Fund Transfer Timing Extended – RBI Circular on 28.5.2019

RTGS Fund Transfer Timing Extended – RBI Circular on 28.5.2019 Real Time Gross Settlement (RTGS) System – Extension of Timings for Customer Transactions Reserve Bank Of India RBI/2018-19/189 DPSS (CO) RTGS No. 2488/04.04.016/2018-19 May 28, 2019 The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS Madam / Dear Sir, … Read more

Banks to remain open till 8 pm on 31.3.2018 – RBI Circular

Banks to remain open till 8 pm on 31.3.2018 – RBI Circular “All agency banks should keep the counters of their designated branches conducting government banking open for government transactions up to 8.00 p.m. on March 31, 2018” Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the … Read more

CIBIL Reports : No Change in this Practice

CIBIL Reports : No Change in this Practice CIBIL Negative Reports Lenders exercise their commercial judgement to grant loan or otherwise to borrowers based on the Board-approved policies of banks and financial institutions (FIs). Information contained in Credit Information Reports (CIRs) obtained from Credit Information Companies (CICs, which include TransUnion CIBIL Limited, formerly Credit Information … Read more