Reserve Bank of India. The Reserve Bank of India stated in its annual report on trend and progress of banking in India that the health of Indian banks continued to improve in 2021–2022 with their balance sheet rising at double digits after a gap of seven years and their asset quality and capital position improving. STATE NEWS
Reserve Bank of India. RBI’ means the Reserve Bank of India established under the Reserve Bank of India Act, 1934.
Reserve Bank of India has imposed a penalty of Rs 3 crore on the IDBI Bank for non-compliance to the Income Recognition and Asset Classification (IRAC) Norms. IDBI : INDUSTRIAL DEVELOPMENT BANK OF INDIA
Reserve Bank of India. Promptly following the Closing Date, the Shareholders shall take all actions necessary or desirable to obtain the requisite approval of the Reserve Bank of India to this transaction at the earliest practicable date.
Reserve Bank of India. Promptly after the date hereof, Purchaser shall submit an application to the Reserve Bank of India (“RBI”) to obtain the approvals required from RBI in connection with the transactions contemplated by this Agreement and the Transaction Agreements. Purchaser shall promptly take all steps advisable, necessary, or desirable to obtain the approvals required from RBI in connection with the transactions contemplated by this Agreement and the Transaction Agreements.
Reserve Bank of India. 4.1 The approval of the RBI, either unconditionally or subject to such conditions as shall be reasonably acceptable to the Seller and the Purchaser, in respect of each the following (as may be required):
Reserve Bank of India. 14.1 The Parties hereby further consents to recognize the right of the Reserve Bank of India to cause an inspection to be made of the services provided to Bank and its books and account by one or more of its officers or employees or other persons appointed by Reserve Bank of India in this behalf and access to the premise of Bank and Channel Partner.
Reserve Bank of India. Imphal desires to take the services of unarmed security guards from reputed firms/companies/agencies engaged in providing Security Guards as per DGR Guidelines on contract basis for guarding the Bank’s Office Premise located in Imphal for an initial period of one year as laid down in contractual obligations. However, the contract can be terminated early or extended for further periods subject to the satisfactory performance of the staff deployed and adherence to contractual obligations by the concerned firm/company/agency.
Reserve Bank of India. The India Customer Agreement is subject to the requirements of the Reserve Bank of India. We may need to change the India Customer Agreement according to regulatory changes or directions of the Reserve Bank of India. The Reserve Bank of India haspublished acircular asking us to remindcustomersthatanypersonresident in Indiacollectingandeffecting/remitting payments directly/indirectly outside of India in any form towards overseas foreign exchange trading through electronic/internet trading portals is liable for contravention of the Foreign Exchange Management Act 1999, aswell as KYCand anti-money laundering standards. Corporate Banking Processing Guide India The information in this Guide is correct at the time it is provided to you, but may be subject to change from time to time. You can ask your Relationship Team for the latest copy of this Guide at any time.
