RBI on Monday asked banks, NBFCs and payment system providers not to refer to its earlier virtual currencies-related circular, that was issued in April 2018 and later aside by the Supreme Court, in their communications to customers.
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RBI asks banks not to refer to its 2018 circular on virtual currencies.
RBI on Monday asked banks, NBFCs and payment system providers not to refer to its earlier virtual currencies-related circular, that was issued in April 2018 and later aside by the Supreme Court, in their communications to customers.
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RBI asks banks not to refer to its 2018 circular on virtual currencies
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A #circulareconomy is a systemic approach to economic development designed to benefit businesses, society, and the environment. A circular economy reveals and designs out the negative impacts of economic activity that cause damage to human health and natural systems. This includes the release of greenhouse gases and hazardous substances, the pollution of air, land, and water, as well as structural waste such as traffic congestion. The current paradigm of linear economic model could be coming to an end and its place will be taken by the circular economy. The current model of production and management of resources, goods and services that seeks to promote short-term consumption is leading the planet to an unsustainable situation. The current economic system is the opposite of the life cycle of nature and collides with sustainable development, focused on the long term. In nature there is no waste or landfill: all elements play a role continuously and are reused in different stages.
The new model of circular economy is meant to allow the planet to breathe, while leaving no one behind. By decoupling economic growth from resource use, setting global standards in product sustainability, keeping resource use within planetary boundaries and promoting the re-use of materials, circular economy may be the only sustainable economic model for the future. Secondly, the circular economy promotes the use of as many biodegradable materials as possible in the manufacture of products -biological nutrients- so they can get back to nature without causing environmental damage at the end of their useful life. When it is not possible to use eco-friendly materials -technical nutrients: electronics, hardware, batteries... - the aim is to facilitate a simple uncoupling to give them a new life by reintroducing them into the production cycle and composing a new piece. When this is not possible, it will be recycled in a respectful way with the environment. Circular economy is a substanti
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Parliament's standing committee on finance has come down heavily on RBI and has asked it to review the capital adequacy norms for banking sector. The Veerappa Moily headed panel report says that stringent capital adequacy norms for PSBs are unrealistic and unwarranted. The committee, in its report tabled in Parliament, has recommended 'that all the offences under this Bill should be made cognisable and non-bailable and the same should be clearly mentioned in the Bill'.
News video | 895 views
Reserve Bank of India deputy governor MK Jain on Tuesday raised red flags over rising non-performing assets (NPAs) in loans disbursed under the government’s Mudra loan scheme and urged banks to monitor the repayment capacity of borrowers before disbursement. The Pradhan Mantri Mudra Yojana is a central government scheme under which small businesses can avail collateral-free working capital loan up to Rs 10 lakh. The scheme was flagged off in 2015 by PM Modi to ease the credit flow to India’s MSME sector.
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എ.ടി.എം കാര്ഡുകള് അസാധുവാക്കുന്നു
നിലവിലുള്ള മാഗ്നറ്റിക് ഡെബിറ്റ് കാര്ഡുകള് ഉടന് അസാധുവാക്കും
രാജ്യത്ത് നിലവിലുള്ള മാഗ്നറ്റിക് ഡെബിറ്റ് കാര്ഡുകള് ഉടന് അസാധുവാക്കും. ഡിസംബര് 31 മുതലാണ് മാഗ്നറ്റിക് സ്ട്രിപ്പുള്ള കാര്ഡുകള് അസാധുവാക്കുക. സുരക്ഷ മുന്നിര്ത്തി ചെറിയ ചിപ്പ് ഘടിപ്പിച്ച 'ഇഎംവി' കാര്ഡുകളിലേക്കു മാറാനുള്ള റിസര്വ് ബാങ്ക് നിര്ദേശത്തെ തുടര്ന്നാണ് ബാങ്കുകളുടെ ഈ നടപടി. യൂറോ പേ, മാസ്റ്റര് കാര്ഡ്, വീസ എന്നിവയുടെ ആദ്യ അക്ഷരങ്ങള് ചേര്ത്ത ചുരുക്കപ്പേരാണ് 'ഇഎംവി'. നിലവിലുള്ള കാര്ഡുകള് ഉപയോഗിച്ചു ബാങ്ക് തട്ടിപ്പുകള് വര്ധിച്ച പശ്ചാത്തലത്തിലാണ് ഇഎംവി കാര്ഡുകളിലേക്കുള്ള മാറ്റം. പുതിയ കാര്ഡുകള് നല്കാനുള്ള നടപടി ബാങ്കുകള് തുടങ്ങി കഴിഞ്ഞു.
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RBI asks banks to change debit cards with magnetic strips
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जब से मोदी सरकार ने नोटबंदी की है...उसके बाद से ही भारतीय रिजर्व बैंक लगातार नए नोट और सिक्के जारी कर रहा है. बाजार में कब कौन सा नया नोट आ जाता है...पता ही नहीं चलता...जिसे लेकर अमूमन लोगों में असमंजस की स्थिति बनी रहती है कि ये नोट या सिक्का सही है भी या नहीं..ऐसे में दृष्टिहीन लोगों को कितनी परेशानी होती होगी...ये भी बड़ा सवाल है,,इसे लेकर ही बॉम्बे हाईकोर्ट में याचिका दायर की गई थी...जिस पर अब कोर्ट ने RBI से जवाब मांगा है
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