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	<title>Simple Financial Mantras</title>
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	<description>All about Banking</description>
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		<title>Simple Financial Mantras</title>
		<link>http://simplybanking.wordpress.com</link>
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		<item>
		<title>Deregulation of Savings Bank Deposit Interest Rate (India) &#8211; Guidelines</title>
		<link>http://simplybanking.wordpress.com/2012/01/25/deregulation-of-savings-bank-deposit-interest-rate-india-guidelines/</link>
		<comments>http://simplybanking.wordpress.com/2012/01/25/deregulation-of-savings-bank-deposit-interest-rate-india-guidelines/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 16:46:07 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Bank Deposits]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Notifcations]]></category>
		<category><![CDATA[Deposit account]]></category>
		<category><![CDATA[Financial services]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
		<category><![CDATA[Saving]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=476</guid>
		<description><![CDATA[The first clarification under Deregulation of Savings Bank Deposit Interest Rate has been issued by Reserve Bank of India. The Notification No is RBI/2011-12/368-DBOD.Dir.BC. 75/13.03.00/2011-12 dt.25/01/2012 can be viewed at Clarification &#160; In brief, the notification states that the interest rates applicable on domestic savings bank held by residents will be determined on the basis [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=476&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">nshantin</media:title>
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	</item>
		<item>
		<title>Clarification on regulation of interest rates for Small Savings Schemes</title>
		<link>http://simplybanking.wordpress.com/2012/01/20/471/</link>
		<comments>http://simplybanking.wordpress.com/2012/01/20/471/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 17:02:16 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Bank account]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Indian Overseas Bank]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[Bank of India]]></category>
		<category><![CDATA[State Bank of Hyderabad]]></category>
		<category><![CDATA[National Savings Certificate (NSC)]]></category>
		<category><![CDATA[Senior Citizens Savings Scheme]]></category>
		<category><![CDATA[2004 (SCSS]]></category>
		<category><![CDATA[PPF-1968]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=471</guid>
		<description><![CDATA[Reserve Bank of India&#8216;s Department of Government and Bank Accounts has issued a clarification on the applicable interest rates for Small Savings Schemes. The notification no is RBI/2011-12/359 DGBA.CDD. No.H- 4836 /15.02.001/2011-12 dt. January 20, 2012 and is addressed to The Chairman and Managing Director/Managing Director Head Office, Government Accounts Department State Bank of India/State [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=471&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2012/01/20/471/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
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	</item>
		<item>
		<title>The Rajkot Nagrik Sahakari Bank Ltd., Rajkot – Penalised</title>
		<link>http://simplybanking.wordpress.com/2012/01/08/the-rajkot-nagrik-sahakari-bank-ltd-rajkot-penalised/</link>
		<comments>http://simplybanking.wordpress.com/2012/01/08/the-rajkot-nagrik-sahakari-bank-ltd-rajkot-penalised/#comments</comments>
		<pubDate>Sun, 08 Jan 2012 17:32:08 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Co-Operative Banks]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Penalty]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Rajkot]]></category>
		<category><![CDATA[Reserve Bank India]]></category>
		<category><![CDATA[Saurashtra]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=467</guid>
		<description><![CDATA[Vide a Press Release dt.06/0.1/2012, Reserve Bank of India, has informed that it has imposed a monetary penalty of Rs5.00 lakh (Rupees five lakh only) on The Rajkot Nagrik Sahakari Bank Ltd., Rajkot. &#160; The complete Press Release can be accessed @ &#160; http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25745 The monetary penalty was imposed for doing activities akin to travel [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=467&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2012/01/08/the-rajkot-nagrik-sahakari-bank-ltd-rajkot-penalised/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
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			<media:title type="html">nshantin</media:title>
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		<item>
		<title>The Gondal Nagrik Sahakari Bank Ltd., Gondal – Penalised.</title>
		<link>http://simplybanking.wordpress.com/2011/12/23/the-gondal-nagrik-sahakari-bank-ltd-gondal-penalised/</link>
		<comments>http://simplybanking.wordpress.com/2011/12/23/the-gondal-nagrik-sahakari-bank-ltd-gondal-penalised/#comments</comments>
		<pubDate>Fri, 23 Dec 2011 01:43:02 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Co-Operative Banks]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Penalty]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Chevrolet Camaro]]></category>
		<category><![CDATA[Cooperative Bank]]></category>
		<category><![CDATA[Gondal India]]></category>
		<category><![CDATA[Junagadh]]></category>
		<category><![CDATA[Rajkot]]></category>
		<category><![CDATA[Reserve Bank India]]></category>
		<category><![CDATA[World War II]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=460</guid>
		<description><![CDATA[A monetary penalty of Rs5.00lacs has been imponsed on The Gondal Nagrik Sahakari Bank Ltd., Gondal by Reserve Bank of India. &#160; The steep penalty was necessitated due to : for granting loan to Directors, not correctly reporting loans to directors to Reserve Bank of India in the statutory returns on advances to directors and [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=460&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/12/23/the-gondal-nagrik-sahakari-bank-ltd-gondal-penalised/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
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	</item>
		<item>
		<title>Compounding of contraventions under FEMA, 1999.</title>
		<link>http://simplybanking.wordpress.com/2011/12/20/compounding-of-contraventions-under-fema-1999/</link>
		<comments>http://simplybanking.wordpress.com/2011/12/20/compounding-of-contraventions-under-fema-1999/#comments</comments>
		<pubDate>Mon, 19 Dec 2011 22:40:11 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Notifcations]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[external commercial borrowings]]></category>
		<category><![CDATA[FEMA]]></category>
		<category><![CDATA[Foreign Direct Investment]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[New Delhi]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=457</guid>
		<description><![CDATA[To make life easier for (AD Category &#8211; I) banks and their constituents, Reserve Bank of India, vide a Notification dt.13/12/2011,  RBI has  decided to delegate the powers to the Regional Offices of the Reserve Bank of India mentioned below to compound the contraventions of FEMA involving . (i)  delay in reporting of inward remittance, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=457&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/12/20/compounding-of-contraventions-under-fema-1999/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
		</media:content>
	</item>
		<item>
		<title>Janatha Seva Co-operative Bank Ltd., Bangalore – Penalised</title>
		<link>http://simplybanking.wordpress.com/2011/12/19/janatha-seva-co-operative-bank-ltd-bangalore-penalised/</link>
		<comments>http://simplybanking.wordpress.com/2011/12/19/janatha-seva-co-operative-bank-ltd-bangalore-penalised/#comments</comments>
		<pubDate>Sun, 18 Dec 2011 22:34:43 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Co-Operative Banks]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Penalty]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Anti-money laundering]]></category>
		<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Know your customer]]></category>
		<category><![CDATA[Reserve Bank India]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=454</guid>
		<description><![CDATA[RBI vide its Press Release dt.16/12/2011, has informed that it has imposed  a monetary penalty of `5.00 lakh (Rupees five lakh only) on Janatha Seva Co-operative Bank Ltd., Bangalore. The monetary penalty was  for violation of Reserve Bank of India&#8217;s instructions on 01) Know Your Customers (KYC) norms and 02) Anti Money Laundering (AML)  guidelines. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=454&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/12/19/janatha-seva-co-operative-bank-ltd-bangalore-penalised/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
		</media:content>
	</item>
		<item>
		<title>Revision of Service Charges – Self regulation by Indian Banking Industry</title>
		<link>http://simplybanking.wordpress.com/2011/12/10/revision-of-service-charges-self-regulation-by-indian-banking-industry/</link>
		<comments>http://simplybanking.wordpress.com/2011/12/10/revision-of-service-charges-self-regulation-by-indian-banking-industry/#comments</comments>
		<pubDate>Sat, 10 Dec 2011 00:49:02 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Responsible customer]]></category>
		<category><![CDATA[Safety Tips]]></category>
		<category><![CDATA[Average Balance]]></category>
		<category><![CDATA[Bank account]]></category>
		<category><![CDATA[Banking Ombudsman Scheme]]></category>
		<category><![CDATA[customer service levels]]></category>
		<category><![CDATA[HDFC Bank]]></category>
		<category><![CDATA[Indian Banks Association]]></category>
		<category><![CDATA[Self-Regulation]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=451</guid>
		<description><![CDATA[The race has started for revision of Service Charges in CASA accounts, after the freeing of SB interest rates by RBI. HDFC Bank has taken the lead in this race, and other Banks will follow suit. The pricing of Service Charges is the sole prerogative of the respective bank, and the service charges are revised, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=451&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/12/10/revision-of-service-charges-self-regulation-by-indian-banking-industry/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
		</media:content>
	</item>
		<item>
		<title>Committee on Procedures &amp; Performance Audit on Public Services (CPPAPS) – Report No. 2 – Compensation structure for delay in payment of interest and/or principal</title>
		<link>http://simplybanking.wordpress.com/2011/12/09/committee-on-procedures-performance-audit-on-public-services-cppaps-report-no-2-compensation-structure-for-delay-in-payment-of-interest-andor-principal/</link>
		<comments>http://simplybanking.wordpress.com/2011/12/09/committee-on-procedures-performance-audit-on-public-services-cppaps-report-no-2-compensation-structure-for-delay-in-payment-of-interest-andor-principal/#comments</comments>
		<pubDate>Fri, 09 Dec 2011 17:16:35 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Notifcations]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Canara Bank]]></category>
		<category><![CDATA[Dena Bank]]></category>
		<category><![CDATA[Indian Overseas Bank]]></category>
		<category><![CDATA[Punjab National Bank]]></category>
		<category><![CDATA[UCO Bank]]></category>
		<category><![CDATA[Vijaya Bank]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=449</guid>
		<description><![CDATA[As the interest rates on  SB accounts have been freed by Reserve Bank of India, this has had an impact on  Relief/Savings Bonds. As per RBI  our circular CO. DT. No. 13.01.298/H-9786/2004-05 dated May 20, 2005 (RBI/2005/477), on the captioned subject,  para 3 thereat, states that an investor in Relief/Savings Bonds has to be compensated [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=449&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/12/09/committee-on-procedures-performance-audit-on-public-services-cppaps-report-no-2-compensation-structure-for-delay-in-payment-of-interest-andor-principal/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
		</media:content>
	</item>
		<item>
		<title>Reserve Bank Cancels the Licence of Bharat Urban Co-operative Bank Ltd., Solapur (Maharashtra &#8211; India)</title>
		<link>http://simplybanking.wordpress.com/2011/12/01/reserve-bank-cancels-the-licence-of-bharat-urban-co-operative-bank-ltd-solapur-maharashtra-india/</link>
		<comments>http://simplybanking.wordpress.com/2011/12/01/reserve-bank-cancels-the-licence-of-bharat-urban-co-operative-bank-ltd-solapur-maharashtra-india/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 16:54:20 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Co-Operative Banks]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Cooperative Bank]]></category>
		<category><![CDATA[Solapur]]></category>
		<category><![CDATA[Urban Banks]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=445</guid>
		<description><![CDATA[Bharat Urban Co-operative Bank, Solapur, has ceased to be a bank, as Reserve Bank of India,    delivered the order cancelling its licence to the bank as on the close of business on November 25, 2011. Brief History of Bharat Urban Co-operative Bank: 1998 &#8211; Licence granted by RBI to commence business. 2007 &#8211; The bank [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=445&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/12/01/reserve-bank-cancels-the-licence-of-bharat-urban-co-operative-bank-ltd-solapur-maharashtra-india/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
		</media:content>
	</item>
		<item>
		<title>Financial Inclusion-Opening of Aadhaar Enabled Bank Accounts (AEBA)</title>
		<link>http://simplybanking.wordpress.com/2011/11/30/financial-inclusion-opening-of-aadhaar-enabled-bank-accounts-aeba/</link>
		<comments>http://simplybanking.wordpress.com/2011/11/30/financial-inclusion-opening-of-aadhaar-enabled-bank-accounts-aeba/#comments</comments>
		<pubDate>Wed, 30 Nov 2011 17:54:44 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Notifcations]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[UIDAI]]></category>
		<category><![CDATA[Aadhar]]></category>
		<category><![CDATA[AEBA]]></category>
		<category><![CDATA[EBT]]></category>
		<category><![CDATA[Electronic Benefit Transfer]]></category>
		<category><![CDATA[Know your customer]]></category>
		<category><![CDATA[Mahatma Gandhi National Rural Employment Guarantee Act]]></category>
		<category><![CDATA[Savings Bank]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=442</guid>
		<description><![CDATA[AEBA is latest abbreviation to enter India’s financial system. AEBA stands for Aadhaar Enabled Bank accounts. AEBA has received a boost with RBI notification No RBI/2011-12/284 RPCD.CO.FID.BC.No.41 /12.01.011/2011-12, dt.November 30, 2011 The notification can be accessed @ http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=6851&#38;Mode=0 RBI has advised banks to ensure opening of Aadhaar Enabled Bank Accounts (AEBA) of all the beneficiaries [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=442&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/11/30/financial-inclusion-opening-of-aadhaar-enabled-bank-accounts-aeba/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
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		<title>Reserve Bank Cancels the Licence of Solapur Nagari Audyogik Sahakari Bank Niyamit, Solapur (Maharashtra)</title>
		<link>http://simplybanking.wordpress.com/2011/11/14/reserve-bank-cancels-the-licence-of-solapur-nagari-audyogik-sahakari-bank-niyamit-solapur-maharashtra/</link>
		<comments>http://simplybanking.wordpress.com/2011/11/14/reserve-bank-cancels-the-licence-of-solapur-nagari-audyogik-sahakari-bank-niyamit-solapur-maharashtra/#comments</comments>
		<pubDate>Mon, 14 Nov 2011 16:47:53 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Licence Cancellation]]></category>
		<category><![CDATA[Maharashtra]]></category>
		<category><![CDATA[Solapur]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=438</guid>
		<description><![CDATA[Solapur Nagari Audyogik Sahakari Bank Niyamit, Solapur (Maharashtra), with 10 + branches has ceased to exist with Reserve Bank of India, deciding to cancel its’ licence. Solapur Nagari Audyogik Sahakari Bank Niyamit, Solapur (Maharashtra), was granted a Banking licence in 1979 The downfall of the Bank, started with the RBI annual inspection for the FY [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=438&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/11/14/reserve-bank-cancels-the-licence-of-solapur-nagari-audyogik-sahakari-bank-niyamit-solapur-maharashtra/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
		<media:content url="http://0.gravatar.com/avatar/e458cf51bfe4653bbfb6203c3f208143?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">nshantin</media:title>
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		<item>
		<title>Reserve Bank of India, cancels the Licence of ‘Gujarat Industrial Co-operative Bank Ltd., Ahmedabad (Gujarat)’</title>
		<link>http://simplybanking.wordpress.com/2011/11/14/reserve-bank-of-india-cancels-the-licence-of-%e2%80%98gujarat-industrial-co-operative-bank-ltd-ahmedabad-gujarat%e2%80%99/</link>
		<comments>http://simplybanking.wordpress.com/2011/11/14/reserve-bank-of-india-cancels-the-licence-of-%e2%80%98gujarat-industrial-co-operative-bank-ltd-ahmedabad-gujarat%e2%80%99/#comments</comments>
		<pubDate>Mon, 14 Nov 2011 16:07:48 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Co-Operative Banks]]></category>
		<category><![CDATA[Notifcations]]></category>
		<category><![CDATA[Penalty]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Ankleshwar]]></category>
		<category><![CDATA[Bilimora]]></category>
		<category><![CDATA[Saraswat Bank]]></category>
		<category><![CDATA[Vapi]]></category>
		<category><![CDATA[Vyara]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=436</guid>
		<description><![CDATA[Gujarat Industrial Co-operative Bank Ltd. which was granted a licence by Reserve Bank of India on September 29, 1999 to commence banking business, finally had to shut it’s shutters on 11/11/2011. Reserve Bank of India delivered the order cancelling its licence to the bank before commencement of business on November 11, 2011. The Central Registrar [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=436&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/11/14/reserve-bank-of-india-cancels-the-licence-of-%e2%80%98gujarat-industrial-co-operative-bank-ltd-ahmedabad-gujarat%e2%80%99/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
		</media:content>
	</item>
		<item>
		<title>Issue of Demand Drafts for Rs. 20,000/- and above</title>
		<link>http://simplybanking.wordpress.com/2011/11/10/issue-of-demand-drafts-for-rs-20000-and-above/</link>
		<comments>http://simplybanking.wordpress.com/2011/11/10/issue-of-demand-drafts-for-rs-20000-and-above/#comments</comments>
		<pubDate>Thu, 10 Nov 2011 03:32:26 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Cheque Collection Policy]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[DBOD]]></category>
		<category><![CDATA[Notifcations]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Cheque]]></category>
		<category><![CDATA[demand drafts]]></category>
		<category><![CDATA[November 4 2011]]></category>
		<category><![CDATA[Pay Order]]></category>
		<category><![CDATA[Payment]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=434</guid>
		<description><![CDATA[To minimize the risk arising out of Open Demand Drafts, being used in lieu of Cash, RBI, DBOD, vide its Notification NO RBI/2011-12/250 DBOD.BP.BC. No. 49/21.01.001/2011-12, dt November 4, 2011, has advised banks to ensure that demand drafts of Rs. 20,000/- and above are issued invariably with account payee crossing. It is to be noted [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=434&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/11/10/issue-of-demand-drafts-for-rs-20000-and-above/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
		<media:content url="http://0.gravatar.com/avatar/e458cf51bfe4653bbfb6203c3f208143?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">nshantin</media:title>
		</media:content>
	</item>
		<item>
		<title>Repayment of Term/Fixed Deposits in banks</title>
		<link>http://simplybanking.wordpress.com/2011/11/09/repayment-of-termfixed-deposits-in-banks/</link>
		<comments>http://simplybanking.wordpress.com/2011/11/09/repayment-of-termfixed-deposits-in-banks/#comments</comments>
		<pubDate>Wed, 09 Nov 2011 03:38:58 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Bank Deposits]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Notifcations]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[Deposit account]]></category>
		<category><![CDATA[Maturity]]></category>
		<category><![CDATA[Maturity (finance)]]></category>
		<category><![CDATA[Premature]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=431</guid>
		<description><![CDATA[The numbers of complaints to Reserve Bank of India, on the different bank’s practices on repayment of of term/fixed deposits in the banks. No doubt, the front-office staff was relying on the internal circulars. However, to ensure   uniformity on the repayment rules, RBI vide its notification No.RBI/2011-12/248 DBOD No. Leg BC 46/09.07.005/2011-12 dt.04/11/2011, sought to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=431&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://simplybanking.wordpress.com/2011/11/09/repayment-of-termfixed-deposits-in-banks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
		</media:content>
	</item>
		<item>
		<title>Customer Service &#8211; Non-Issuance of Passbooks to Savings Bank Accountholders (Individuals)</title>
		<link>http://simplybanking.wordpress.com/2011/11/08/customer-service-non-issuance-of-passbooks-to-savings-bank-accountholders-individuals/</link>
		<comments>http://simplybanking.wordpress.com/2011/11/08/customer-service-non-issuance-of-passbooks-to-savings-bank-accountholders-individuals/#comments</comments>
		<pubDate>Tue, 08 Nov 2011 14:17:50 +0000</pubDate>
		<dc:creator>nshantin</dc:creator>
				<category><![CDATA[Bank Deposits]]></category>
		<category><![CDATA[Co-Operative Banks]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Notifcations]]></category>
		<category><![CDATA[Responsible customer]]></category>
		<category><![CDATA[Safety Tips]]></category>
		<category><![CDATA[Bank Pass-Book]]></category>
		<category><![CDATA[customer interaction]]></category>
		<category><![CDATA[customer practices]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[model customer]]></category>

		<guid isPermaLink="false">http://simplybanking.wordpress.com/?p=429</guid>
		<description><![CDATA[Pass-Sheet or Pass-Book? As a Bank customer, what do you prefer, a Pass-Sheet or Pass-Book or Both. Well, as long as anything is free, Indians prefer the same. RBI, vide its recent notification No, RBI/2011-12/249,DBOD No. Leg. BC 48 /09.07.005/2011-12, dt.November 4, 2011, has reiterated that customers must be provided with the option to choose [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplybanking.wordpress.com&amp;blog=12803495&amp;post=429&amp;subd=simplybanking&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
		<georss:point>17.481226 78.524910</georss:point>
		<geo:lat>17.481226</geo:lat>
		<geo:long>78.524910</geo:long>
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			<media:title type="html">nshantin</media:title>
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