WebAug 12, 2024 · As per the notification, the new rules by the RBI are: 1. Henceforth, banks can’t open current accounts for borrowers who have a cash credit account with any other bank. 2. If borrowers don’t have any cash-credit account with any bank, they fall under 3 … Web1 day ago · All the public and private banks in India are closed today on account of Ambedkar Jayanti and state new year festivals. According to the website of the Reserve Bank of India (RBI), banks will be ...
RBI temporarily postpones circular on current account …
WebThe RBI on Wednesday said that it has received requests from the banks for some more time to resolve the operational issues while implementing the circular in letter and spirit for which it is... WebAug 6, 2024 · With a view to improve credit discipline, the Reserve Bank on Thursday barred banks from opening current accounts for customers who have availed cash credit or overdraft facilities, stressing that there is a "need for discipline" on this front. TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. razgrad football
RBI relaxes new current account norms deadline Mint
WebEnsure smooth account opening/ReKYC through quick and efficient movement across CDD process without compromising the quality of Screening ; To hand-hold RMs regarding the documents required and the query resolution; Job Duties & Responsibilities. Poses good knowledge about RBI KYC guideline and documentation of Corporate and individual … WebNov 2, 2024 · RBI temporarily postpones circular on current account till December 5 As part of its monetary policy on August 6, it said no bank can open current account for a customer who has availed cash credit or … WebAug 4, 2024 · Following the issuance of the circular, thousands of current accounts were shut down by banks by July 31, 2024, the deadline fixed by the RBI for completing the … raz high frequency