Formation of new district – Panchsheel Nagar in the State of Uttar Pradesh Assignment of Lead Bank responsibility
On 28/09/2011, a new district in Uttar Pradesh was carved out of the existing Ghaziabad district. The new district name was Panchsheel Nagar and comprises three Tehsils viz. Hapur, Garh … Continue reading
Unclaimed Deposits/ Inoperative Accounts in Indian Banks – Display list of Inoperative Accounts
Reserve Bank of India (RBI) today has announced one more customer friendly initiative. RBI vides Notification No RBI/2011-12/389 DBOD.No.Leg.BC. 81/09.07.005/2011-12 dt.February 7, 2012 addressed to All Scheduled Commercial Banks, advised … Continue reading
Opening of Diamond Dollar Accounts (DDAs) by Indian Banks.
Vide A.P. (DIR Series) Circular No. 51 dated February 13, 2009 delegating powers to AD Category–I banks to open and maintain DDAs by eligible firms and companies subject to … Continue reading
Government Agency Business Arrangement – Appointment of Indian Private Sector Banks as Agency Banks of Reserve Bank of India (RBI)
A long standing demand of Private Banks today has been cleared by Reserve Bank of India. Private Sector Banks were interested for a piece of action of Government Agency Business. … Continue reading
