Category: RBI News

Reserve Bank of India – Tenders

Tenders

[ad_1]

Read More/Less


Reserve Bank of India, Thiruvananthapuram (RBI) invites open e-tender for Management and Housekeeping (including catering) of the Reserve Bank’s Visiting Officers’ Flats (VOF), Transit Holiday Homes (THH) and Medical Flats (MF) at Thiruvananthapuram. The tendering would be done through the e-tendering portal of RBI viz. “www.mstcecommerce.com/eprochome/rbi”. All interested companies / agencies / firms must register themselves through the above-mentioned website to participate in the tendering process. The schedule of e-tender is as follows:

a. e-Tender no RBI/Thiruvananthapuram/HRMD/35/20-21/ET/424
b. e-Tender short description Management and Housekeeping (including catering) of the Reserve Bank’s Visiting Officers’ Flats (VOF), Transit Holiday Homes (THH) and Medical Flats (MF) at Thiruvananthapuram
c. Mode of Tender e-Procurement System
Online Part I – Techno-Commercial Bid and Part II – Price Bid through www.mstcecommerce.com/eprochome/rbi
d. Date of NIT available to the parties to download 06.00 hrs of January 14, 2021 onwards
e. Pre-Bid meeting (Online) From 15.00 hrs to 16.00 hrs on January 21, 2021 through Webex Meeting

Join from the meeting link:
https://sampark.webex.com/sampark/j.php?MTID=m04e2e77f7eacbe7763abb94bff1cf11e

Join by meeting number:
Meeting number (access code): 176 637 1131
Meeting password: policy@2021 (76542912 from phones and video systems)

Minutes of pre-bid meeting will be uploaded in the Bank’s website: www.rbi.org.in and e-procurement portal www.mstcecommerce.com/eprochome/rbi
f. Estimated cost of work ₹ 29,00,000/-
g. Earnest Money Deposit

₹58,000/- (Rupees Fifty-eight thousand only) in any one of the following methods, favouring Reserve Bank of India, Thiruvananthapuram payable at Thiruvananthapuram.

i By NEFT / RTGS to Account Number: 8614038; IFSC: RBIS0THPA01; Beneficiary Name: HRMDVOF (space) ‘Bidder’s Name’

ii By Demand Draft which is to be submitted in Original on or before the last date of submission of E-Tender.

iii By Bank Guarantee for Earnest Money Deposit as per Annexure – E, which is to be submitted in Original on or before the last date of submission of E-Tender.

h. Due date of submission of EMD 14.00 hrs of February 16, 2021
i. Bidding start date (Technical-Commercial and Financial Bid) at www.mstcecommerce.com/eprochome/rbi 17.00 hrs of January 25, 2021
j. Date of closing of online e-tender for submission of Technical-Commercial Bid & Price Bid 14.00 of February 16, 2021
k. Date & time of opening of Part-I (Technical-Commercial Bid)

Date & Time of opening of Part- II (Financial Bid)

 15.00 hrs of February 16, 2021

Opening of Financial Bid (Price Bid) will be intimated to all the eligible bidders later
l. Transaction Fee Rs.1450/- plus GST @ 18%
Payment of Transaction fee through MSTC Gateway/NEFT/RTGS in favour of MSTC Limited or as advised by M/s MSTC Ltd

2. Applicants intending to apply will have to satisfy the Bank by furnishing documentary evidence in support of their possessing required eligibility and in the event of their failure to do so, the Bank reserves the right to reject their candidature. Tenders without EMD will not be accepted under any circumstances.

3. The Bank is not bound to accept the lowest tender and reserves the right to accept either in full or in part any tender. The Bank also reserves the right to reject all the tenders without assigning any reason thereof.

4. Any amendments / corrigendum to the tender, if any, issued in future will only be notified on the Bank’s website and e-tendering portal as given above and will not be published in the newspaper.

Regional Director for Kerala and Lakshadweep

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Tenders

Tenders

[ad_1]

Read More/Less


SCHEDULE OF TENDER (SOT)

E-tender is invited by the Reserve Bank of India to provide Integrated Facility Management Services at Bank’s Main Office Premises (Bakery Junction) and residential colonies (Kowdiar, Thamalam, Plamoodu and Nanthencode) in Thiruvananthapuram. The tendering would be done through the e-Tendering portal of MSTC Ltd (http://mstcecommerce.com/eprochome/rbi). The Schedule of e-Tender is as follows:

a. e-Tender Name: Tender for Integrated Facility Management Services for the Bank’s various Properties located at Thiruvananthapuram – (a) Main Office Premises, Bakery Junction, (b) Reserve Bank Officers’ Quarters, Kowdiar and Reserve Bank Staff Quarters at (c) Thamalam, (d) Plamoodu and (e) Nanthencode
b. e-Tender no: RBI/Thiruvananthapuram/Estate/305/20-21/ET/426
c. Mode of Tender e-Procurement System
(Part I – Techno-Commercial Bid and Part II – Financial Bid through www.mstcecommerce.com/eprochome/rbi)
d. Date of NIT available to the parties to download 06:00 hrs on January 14, 2021 onwards
e. Pre-Bid meeting (Offline) 11:00 hrs on January 20, 2021 in the Board Room, Third Floor, Reserve Bank of India, Bakery Junction, Thiruvanathapuram- 695033
f. Estimated cost of work Approximately ₹ 1,78,00,000/-
g. Earnest Money Deposit (EMD) ₹3,56,000/- (₹ Three lakh and fifty six thousand only) by Demand Draft, in favour of Reserve Bank of India, Thiruvananthapuram to be delivered in physical form at Estate Department, Reserve Bank of India, Bakery Junction, Thiruvananthapuram – 695033

OR

₹3,56,000/- (₹ Three lakh and fifty six thousand only) by NEFT:

Beneficiary Name: ESTATEIFMS(space)Your company/agency/firm name

Beneficiary A/c. No: 8614038
IFSC: RBIS0THPA01
h. Due date for submission of EMD Up to 17:00 hrs on February 03, 2021
i. Bidding Start Date (Techno- Commercial & Financial Bid) www.mstcecommerce.com/eprochome/rbi 17:00 hrs on January 21, 2021
j. Date of closing of online e-tender for submission of Techno- Commercial Bid & Financial Bid 14:00 hrs on February 04, 2021
k. Date & time of opening of Part-I (i.e. Techno-Commercial Bid)

Date & Time of opening of Part- II (i.e. Financial Bid)

 15:00 hrs on February 04, 2021

Opening of Financial Bid shall be intimated to all eligible bidders.
l. Transaction Fee As applicable and charged by MSTC Ltd.
Payment of Transaction fee through MSTC Gateway /NEFT / RTGS in favour of MSTC Limited or as advised by M/s. MSTC Ltd

Applicants desirous of submitting the tender will have to satisfy the Bank by submitting documentary evidence in support of the requisite eligibility. Otherwise the Bank reserves the right to reject their candidature. Under no circumstances will EMD-less tenders be accepted.

Bank is not obliged to accept tender of low value only. The Bank reserves the right to accept a tender in whole or in part thereof. The Bank also reserves the right to reject all tenders without assigning any reason.

Amendments / Corrigendum to be made in the tender, if any is issued in future, the information will be notified only in the RBI website and the said MSTC website, and will not be published in newspapers.

Regional Director for Kerala and Lakshadweep

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


The Reserve Bank of India (RBI) has imposed, by an order dated January 13, 2021, a monetary penalty of ₹1 lakh on The Mandvi Mercantile Co-operative Bank Ltd., Mandvi, Dist. Kutch (Gujarat) (the bank) for contravention of RBI directions on ‘Loans and Advances to Directors, Relatives and Firms/Concerns in which they are Interested’ and ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949, taking into account the failure of the bank to adhere to the aforesaid directions issued by RBI.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

Background

The inspection of the bank based on its financial position as on March 31, 2018, conducted by RBI, revealed, inter alia, contravention of RBI directions on ‘Loans and Advances to Directors, Relatives and Firms/Concerns in which they are Interested’ and ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’. Based on the same, a Notice was issued to the bank advising it to show cause as to why penalty should not be imposed for non-compliance with the directions.

After considering the bank’s reply and oral submissions made during the personal hearing, RBI came to the conclusion that the aforesaid charge of non-compliance with RBI directions was substantiated and warranted imposition of monetary penalty.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/938

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


The Reserve Bank of India (RBI) has imposed, by an order dated January 13, 2021, a monetary penalty of ₹0.50 lakh on Alavi Co-operative Bank Ltd., Vadodara (Gujarat) (the bank) for contravention of RBI directions on ‘Loans and Advances to Directors, Relatives and Firms/Concerns in which they are Interested’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949, taking into account the failure of the bank to adhere to the aforesaid directions issued by RBI.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

Background

The inspection of the bank based on its financial position as on March 31, 2019, conducted by RBI, revealed, inter alia, contravention of RBI directions on ‘Loans and Advances to Directors, Relatives and Firms/Concerns in which they are Interested’. Based on the same, a Notice was issued to the bank advising it to show cause as to why penalty should not be imposed for non-compliance with the directions.

After considering the bank’s reply and oral submissions made during the personal hearing, RBI came to the conclusion that the aforesaid charge of non-compliance with RBI directions was substantiated and warranted imposition of monetary penalty.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/937

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Tenders

Tenders

[ad_1]

Read More/Less


The Pre-Bid meeting for the captioned tender was held on January 07, 2021 at 11.00 A.M at Estate Office, MRO. The meeting was attended by Shri Dheeraj Khoriya Manager and Shri Ramesh Mane, Asst. Manager (Elec). Two firms participated in the meeting –

  1. M/s G.D Anklesaria & Co

  2. M/s Kalpaka Power Control

The details of queries raised by the firm and clarifications / comments of the Bank are tabulated below:

Sr. No. Query raised by the representative of the firms Clarifications given by Estate Office
1. Query was raised by M/s G.D Anklesaria & Co on “local isolation on Engine Standard Control panel”. The vendor had requested that –since the AMF panel will have two contractors and 2 MCCB, local isolation was not required and requested us to relax the said condition. It was clarified that tender conditions shall be followed.
2. Query was raised by M/s G.D Anklesaria & Co on the daily fuel service tank of the DG set as per CPCB, with minimum 900 liters capacity – The vendor had requested us to confirm the capacity of the fuel tank of the DG set as per CPCB approved design. It was clarified that standard fuel tank will be inbuilt along with the DG set as per OEM in compliance with CPCB norms
3. M/s G.D Anklesaria & Co had requested to amend the payment terms to 90% on supply and Balance of 10% on commissioning and handing over as against the payment terms mentioned in Page No.89 of the tender document. It was clarified that the payment terms shall be followed as stipulated in the tender.
4. M/s G.D Anklesaria & Co raised query on information regarding dismantling, on whether to shift or to buyback the old DG Set. It was clarified that there shall be no dismantling neither buyback of the existing DG set.
5. Query was raised by M/s Kalpaka Power Control on – Point No.1 (d) of Section VII regarding the electronic governance system for regulating the engine speed. It was clarified that electronic governance system has to be provided as per tender terms and conditions.
6. Query was raised by M/s Kalpaka Power Control on fire retardant casing for batteries. It was clarified to comply with the tender or as per OEM practice.
7. The firms requested the addition of two makes – lery-somer and meccalte in the approved makes for engines. Tenderer to comply with the tender
8. Query was raised on Sl.no 1 of Section X of unpriced bill of quantities – regarding the hospital grade silencer for DG set It was clarified that residential grade silencer with insulation also can be adhered to by the tenderers.

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


A meeting of the Sub-Committee of the Financial Stability and Development Council (FSDC) was held today (January 13, 2021) in Mumbai through video conference. Shri Shaktikanta Das, Governor, Reserve Bank of India, chaired the meeting.

The meeting was attended by the members of the Sub-Committee – Shri Ajay Tyagi, Chairman, Securities and Exchange Board of India (SEBI); Dr. Subhash Chandra Khuntia, Chairman, Insurance Regulatory and Development Authority of India (IRDAI); Shri Supratim Bandyopadhyay, Chairman, Pension Fund Regulatory and Development Authority (PFRDA); Dr. M. S. Sahoo, Chairperson, Insolvency and Bankruptcy Board of India (IBBI); Shri Injeti Srinivas, Chairperson, International Financial Services Centres Authority (IFSCA); Shri Debasish Panda, Secretary, Department for Financial Services; Shri Rajesh Verma, Secretary, Ministry of Corporate Affairs; Shri Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology; Dr. Krishnamurthy Subramanian, Chief Economic Adviser; Dr. Shashank Saksena, Secretary, Financial Stability and Development Council; Deputy Governors of the Reserve Bank – Shri B. P. Kanungo, Shri Mahesh Kumar Jain, Dr. Michael Debabrata Patra and Shri M. Rajeshwar Rao; and Dr. O. P. Mall, Executive Director of the Reserve Bank.

The Sub-Committee reviewed the major developments in the global and domestic economy as well as financial markets that impact financial stability. The Sub-Committee, inter-alia, discussed scope for improvements in insolvency resolution under IBC, utilisation of data with the Central KYC Records Registry and changes in the regulatory framework relating to Alternative Investment Funds (AIFs) set up in the International Financial Services Centre (IFSC), among others. The Sub-Committee also reviewed the activities of various technical groups under its purview and the functioning of State Level Coordination Committees (SLCCs) in various states / UTs. The regulators reaffirmed their resolve to be alert and watchful of emerging challenges to financial stability.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/936

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


I. T-Bill 91 days 182 days 364 days
II. Total Face Value Notified ₹4,000 Crore ₹7,000 Crore ₹8,000 Crore
III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1889
(YTM: 3.2799%)		 98.3085
(YTM: 3.4507%) 		96.5538
(YTM: 3.5790%)
IV. Total Face Value Accepted ₹4,000 Crore ₹7,000 Crore ₹8,000 Crore

Ajit Prasad
Director  

Press Release: 2020-2021/932

[ad_2]

CLICK HERE TO APPLY

Leave a comment
1 … 275 276 277 278 279 … 287