WebNov 2, 2024 · The Reserve Bank of India (RBI) on Monday extended the final date for complying with its circular on opening of current accounts to December 15. The move … WebJul 19, 2024 · The revised guidelines For Opening Current Accounts in banks in brief are as under: – 1. For a borrower with existing CC or OD facility: – The bank cannot open a …
RBI extends current account rules implementation …
WebNov 2, 2024 · RBI temporarily postpones circular on current account till December 5 As part of its monetary policy on August 6, it said no bank can open current account for a customer who has availed cash credit or … WebAug 6, 2024 · As regards existing current and CC/OD accounts, banks shall ensure compliance with the above instructions within a period of three months from the date of this circular. Yours faithfully, (Saurav Sinha) Chief General Manager-in-Charge Encl: Flowcharts Flow Chat for opening of current Accounts Flow Chart for availing CC/OD Facility Notes:- ray ban aviator size guide
RBI extends deadline on current account guidelines - The Hindu
WebJul 30, 2024 · "But with the RBI circular to close current accounts if a business has a cash credit (CC) or overdraft (OD) facilities, this is leading to the abrupt closure of bank accounts across all public and private sector banks. ... @canarabank Being your customer for the last 25 years plus disabling the current account as per new RBI guidelines of ... WebOct 29, 2024 · As per the RBI circular issued today, for borrowers whose exposure to the banking system is less than Rs 5 crore, there's no restriction on the opening of current accounts. They'll also not... WebOct 30, 2024 · 1 min read . Updated: 30 Oct 2024, 06:53 AM IST Gopika Gopakumar. Bankers say they have already closed the current accounts as the deadline ended on 30 October. In August this year, RBI had ... ray ban aviator sizes for men