Simple Financial Mantras

All about Banking

Clean Note Policy

Reserve Bank of India, vide Notification NO RBI/2012-13/500 DCM (NPD) No.5133/ 09.39.000/2012-13 dt.May 10, 2013, has reiterated its previous guidelines on ‘Clean Note Policy’.   Background: – In recent periods, … Continue reading

May 16, 2013 · Leave a Comment

85 Indian Banks ready to receive DBTL Credits

  The Indian Petroleum and Natural Gas Ministry on Wednesday announced that the Direct Benefit Transfer (DBT) scheme for LPG consumers, putting cash directly into the account of beneficiaries, would … Continue reading

May 15, 2013 · Leave a Comment

RBI Monetary Policy Statement 2013-14. Import of Gold by Nominated Banks/Agencies

  The reference document for issuance of RBI Notification No.RBI/2012-13/499 A.P.(DIR Series) Circular No.103, dt.May 13, 2013,  is  paragraph 97 of the Monetary Policy Statement 2013-14 dated May 3, 2013 … Continue reading

May 13, 2013 · Leave a Comment

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