Reserve Bank of India – Press Releases
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1. The Reserve Bank of India, Bhubaneswar intends to prepare a panel of Architects for project works costing a) up to ₹50 Lakh b) above ₹50 lakh and up to ₹100 lakh. Application are invited, in sealed envelopes, from reputed architects / firms of architects having membership of the Council of Architecture, India, requisite organizational set up, sufficient supporting staff, competence, reliability, experience, sound financial standing, satisfactory track record of execution of works awarded by their clients, integrity, credibility, fairness in dealings, etc., and fulfilling the pre-qualification criteria as described in the application form, for construction, renovation, interior decoration of office and residential buildings at Bhubaneswar.
2. Pre-Qualification criteria
Sr. No. | Criteria | Particulars | |
1. | Duration of Prior Experience | Should have minimum 5 years of experience of executing similar works (during last 5 years ending May 31, 2021). | |
2. | Number of minimum works of similar nature executed | Minimum three (works) of architectural / interior designing of similar nature during last 5 (five) years. | |
3. | Minimum value of each completed work (Qualifying) | Category A) Estimated cost upto ₹ 50 Lakh | Category B) Estimated to cost more than ₹ 50 lakh upto ₹ 100 Lakh |
Three similar completed works each costing not less than (OR) Two similar completed works each costing not less than (OR) One similar completed works each costing not less than |
₹ 20 Lakhs
₹ 25 Lakhs ₹ 40 Lakhs |
₹ 40 Lakhs
₹ 50 Lakhs ₹ 80 Lakhs |
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4. | Membership | Should be a member of Council of Architecture, India with valid Registration |
Note: Similar works shall mean: Work to Construction / Renovation projects of office and residential buildings including specialized work, additions/ alterations, interiors works, modular work stations & modular type kitchen, having provided comprehensive architectural services, which would broadly cover submission of plans, obtaining approval from all the concerned statutory authorities including engaging the services of consultants for other connected trades like geo-tech investigations, structural, sanitary, plumbing, electrical, etc., preparation of working drawings for all trades, preparation of tender papers and cost estimates for all the trades including interior and obtaining the occupation certificate from the local statutory authority, preferably for Government/ Semi Government Organisation / Government of India undertaking etc.
3. Interested architects fulfilling the following pre-qualification criteria can download from website / collect application forms from Estate department, RBI Bhubaneswar during July 13, 2021 to August 03, 2021. The applicants are mandatorily required to furnish details about their Organization, technical experience, technical personnel, spare capacity, competence and evidence of their financial standing as per the enclosed proforma (Part I, II & III) which will be kept confidential. Documentary evidence is a must for the provided information.
4. The application form/s attached with duly filled in the prescribed formats and the requisite documents as specified above in a sealed envelope/ cover super scribing “Application for Empanelment of Architects” shall be addressed to Regional Director, Estate Department, Reserve Bank of India, Bhubaneswar, so as to reach on or before 14:00 Hrs. on August 23, 2021. The same will be opened by a designated officer of the Bank in the presence of the applicants or their authorized representatives who choose to be present at 15:00 Hrs. on August 23, 2021.
*Separate application should be submitted for each of the categories.
Note: No request for change in last date and mentioned time will be entertained by the Bank.
5. The applicant are advised to go through the Application, its conditions and instructions thoroughly before submitting the same. Application containing false or inadequate information is liable for rejection.
6. Applicant needs to have mandatory Registration certificate issued by Council of Architects, India to be eligible for making application.
7. The panel shall remain valid for three years from the date of coming into existence subject to periodical review of performance as specified.
8. The Bank reserves the right to reject any or all the applications without assigning any reason thereof.
Regional Director
RBI, Bhubaneswar
Date: July 13, 2021
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RBI/2021-22/71 July 12, 2021 The Chairman / Managing Director & Chief Executive Officer Madam / Dear Sir, Cassette – Swaps in ATMs Please refer to our circular RBI/2017-18/162/DCM (Plg.) No.3641/10.25.007/2017-18 dated April 12, 2018 on the captioned subject wherein banks were advised to consider using lockable cassettes in their ATMs which shall be swapped at the time of cash replenishment. The same was advised to be implemented in a phased manner covering at least one third ATMs operated by the banks every year, such that all ATMs achieve cassette swap by March 31, 2021. 2. In this regard, representations have been received from Indian Banks’ Association on behalf of various banks expressing difficulties in meeting this timeline. Accordingly, it has been decided to extend the timeline for implementation of cassette swap in all ATMs till March 31, 2022. 3. Banks shall monitor progress and make the required course correction at the end of every quarter, at the level of Board / ACB and report status within seven days of the end of the quarter, starting from the quarter ended September 2021, to the Chief General Manager-in-Charge, Department of Currency Management, Reserve Bank of India, Central Office, Amar Building, Fourth Floor, Sir P. M. Road, Fort, Mumbai 400 001. The said report should be sent by e-mail. No hard copy need be sent. Yours faithfully, (Subrata Das) |
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The Reserve Bank of India (RBI) has today imposed restrictions on Mastercard Asia / Pacific Pte. Ltd. (Mastercard) from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021. Notwithstanding lapse of considerable time and adequate opportunities being given, the entity has been found to be non-compliant with the directions on Storage of Payment System Data. This order will not impact existing customers of Mastercard. Mastercard shall advise all card issuing banks and non-banks to conform to these directions. The supervisory action has been taken in exercise of powers vested in RBI under Section 17 of the Payment and Settlement Systems Act, 2007 (PSS Act). Mastercard is a Payment System Operator authorised to operate a Card Network in the country under the PSS Act. Background In terms of RBI circular on Storage of Payment System Data dated April 6, 2018, all System Providers were directed to ensure that within a period of six months the entire data (full end-to-end transaction details / information collected / carried / processed as part of the message / payment instruction) relating to payment systems operated by them is stored in a system only in India. They were also required to report compliance to RBI and submit a Board-approved System Audit Report conducted by a CERT-In empanelled auditor within the timelines specified therein. (Yogesh Dayal) Press Release: 2021-2022/530 |
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The online Pre-Bid meeting for the captioned tender was held on July 13, 2021 at 11.00 A.M through Cisco We-Bex platform. The meeting was chaired by Shri B. Dhal, General Manager, Estate Office and officials of Estate office (Annex A). All the following four firms (who were found eligible to further participate in the tender) have participated in the meeting :
2. No queries were raised by the firms and the meeting ended with vote of thanks from the chair. Participants of the Pre-Bid meeting held on July 13, 2021 at 11.00 AM
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The Banking Regulation (Amendment) Act, 2020 (No. 39 of 2020), notified in the Gazette of India on September 29, 2020 (vide Notification No. 64 of that date), and deemed to have come into force with effect from June 29, 2020 for Primary (Urban) Co-operative Banks (UCBs), has inter alia, made amendments in the Section 12 of the Banking Regulation Act, 1949 read with Section 56 thereof. In view of the changes mandated by the said amendments, the Reserve Bank of India has released today, the Draft Circular on ‘Issue and regulation of share capital and securities – Primary (Urban) Co-operative Banks’. Comments on the Draft Circular are invited from UCBs, sector participants and other interested parties by August 31, 2021. As the provisions of the amended Banking Regulation Act, 1949 have come into force for State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) from April 01, 2021, comments on the Draft Circular are also invited from StCBs / DCCBs, rural co-operative banking sector participants and other interested parties, as to whether a similar approach on issue and regulation of share capital and securities is warranted for StCBs / DCCBs. Feedback on the Draft Circular may be forwarded by email with the subject line “Feedback on Draft circular on issue and regulation of share capital and securities – Primary (Urban) Co-operative Banks”. (Yogesh Dayal) Press Release: 2021-2022/527 |
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