RBI
Consequent to the banks being open for public transactions on Saturday, November 12 and Sunday, November 13, 2016, it has been decided that Payment Systems (RTGS, NEFT, Cheque Clearing, Repo, CBLO and Call markets) shall remain open on Saturday, November 12 and Sunday, November 13, 2016. All participants/member banks are advised to facilitate operations on the above payment systems for their customers on November 12 and 13, 2016 as on regular working days. Banks may give due publicity about availability of above payment system services on these days.
RBI
RBI has notified Master Directions on Mortgage Guarantee Companies (Reserve Bank) Directions, 2016. These directions shall come nto force with immediate effect. The provisions of these Directions shall apply to every Mortgage Guarantee Company which has been granted Certificate of Registration under the scheme of Registration of Mortgage Guarantee Companies by the Reserve Bank of India. RBI has further clarified that the instructions / guidelines contained in the circulars mentioned in the Annexure provided in the said notification, issued by the Reserve Bank stand repealed.
News from NIRC of ICSI
NIRC of ICSI is organising a full day Seminar on the theme "CORPORATE FRAUD – LITIGATION AND REPORTING" on Saturday, the 12th November, 2016 from 10.30 AM onwards at Hotel Shangri-La, 19 Ashoka Road, Connaught Place, New Delhi 110001. Fee : Rs.2,250/- per delegate inclusive of service tax ; FREE for Corporate Members of NIRC; PCH – 4.
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