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Limit on Cash Withdrawals from SB Accounts raised to 50, 000 per week – Reserve Bank

Limit on Cash Withdrawals from SB Accounts raised to 50, 000 per week – Reserve Bank Reserve Bank today announced that the cash withdrawal limits on savings bank account to be raised to Rs 50,000 per week from the existing limit of Rs.24,000 from Feb 20. And also the limits on cash withdrawals from savings … Read more

Cash withdrawal from ATMs increased to 4500 from 1.1.2017 – RBI Orders on 30.12.2016

Cash withdrawal from ATMs – Enhancement of daily limits RBI/2016-17/204 DCM (Plg) No. 2142/10.27.00/2016-17 December 30, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks District central Cooperative Banks Dear Sir, Cash withdrawal from ATMs – … Read more

Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30.12.2016

Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30.12.2016 Press Information Bureau Government of India Ministry of Finance 19-December-2016 16:24 IST Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30th December, 2016 The deposits of old notes of Rs.500 and Rs.1000 denominations have … Read more

Action taken in cases of bank officials involved in carrying out irregular transactions violative of RBI’s instructions

Action taken in cases of bank officials involved in carrying out irregular transactions violative of RBI’s instructions Press Information Bureau Government of India Ministry of Finance 02-December-2016 18:15 IST Action taken in cases of bank officials involved in carrying out irregular transactions violative of RBI’s instructions post demonetisation of Specific Bank Notes by the Government … Read more

FAQ on Specified Bank Notes – Emergency needs of cash then what I should do?

FAQ on Specified Bank Notes – Emergency needs of cash then what I should do? I have emergency needs of cash (hospitalisation, travel, life saving medicines) then what I should do? Till the December 15, 2016, specified banknotes of only 500 denomination can be used as under:— (a) for making payments in Government hospitals for … Read more

Relaxation on withdrawal of cash from bank deposit accounts – RBI Instructions on 28.11.2016

Relaxation on withdrawal of cash from bank deposit accounts – RBI Instructions on 28.11.2016 Withdrawal of cash from bank deposit accounts – Relaxation RBI/2016-17/163 DCM.No.1437/10.27.00/2016-17 November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Cooperative Banks/ State Cooperative … Read more

Withdrawal of Cash from Bank account per week – RBI Instructions on 25.11.2016

Withdrawal of Cash from Bank account per week – RBI Instructions on 25.11.2016 Withdrawal of cash – Weekly limit RBI/2016-17/158 DCM (Plg) No.1424/10.27.00/2016-16 November 25, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central … Read more

Rs.500 Old Banknotes can be used for paying School, College Fees and Mobile Recharge

Rs.500 Banknotes can be used for paying School, College Fess and Mobile Recharge After due consideration of all relevant aspects, the Central Government takes various decisions relating to certain operational aspects of the Scheme relating to cancellation of legal tender character of old Rs. 500 and Rs. 1000 notes; No over the counter exchange of … Read more

Bank Employees demands Overtime Allowance for Extra Work and Working on Holiday – BEFI

Bank Employees demands Overtime Allowance for Extra Work and Working on Holiday – BEFI Overtime Allowance for Extra-Work BEFI BANK EMPLOYEES FEDERATION OF INDIA NARESH PAUL CENTRE 53, Radha Bazar Lane, (1st Floor), Kolkata – 700 001 e-mail:pradipbefi@yahoo.co.in Website: www.befi.in (Ph):033- 2225-4414/2236-5108 (M) 94331 44271 Fax: 033-2236-5109/2242-0690 11th November 2016 By Fax: 022-22184222 The Chief … Read more

Pay salary in Cash – NC JCM Staff Side

NCJCM Staff Side Requested the Govt to Pay salary in Cash for November and December 2016 In a Letter to The Prime Minister, the NCJCM Staff Side has Requested the Govt to Pay Salary in Cash to all central Staffs for the Months of November and December 2016 . The content of the letter is … Read more