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The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.
As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934. (Yogesh Dayal) Press Release: 2020-2021/902 |
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The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration.
As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934. (Yogesh Dayal) Press Release: 2020-2021/901 |
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A. OMO PURCHASE ISSUE
B. OMO SALE ISSUE
Detailed results will be issued shortly. Ajit Prasad Press Release: 2020-2021/900 |
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Government of India has announced the sale (issue/re-issue) of Government Stock detailed below through auctions to be held on January 08, 2021. As per extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:
The underwriting auction will be conducted through multiple price-based method on January 08, 2021 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E- Kuber) System between 9.00 A.M. and 9.30 A.M. on the date of underwriting auction. The underwriting commission will be credited to the current account of the respective PDs with RBI on the date of issue of securities. Ajit Prasad Press Release: 2020-2021/899 |
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As part of the measures to further strengthen Supervision over regulated entities, Reserve Bank had set up a College of Supervisors (CoS) to augment and reinforce supervisory skills among its regulatory and supervisory staff both at entry level and on a continuous basis. This was done to facilitate the development of unified and focused supervision by providing training and other developmental inputs to the concerned staff. While the CoS was functioning in a limited way in virtual mode since May 2020, it is now being fully operationalised. The CoS will have a full-time Director supported by an Academic Advisory Council (AAC). The AAC will identify areas where skill building/up-skilling are required, plan and develop curricula of all programmes, benchmark the programmes with international standards/best practices, develop appropriate teaching methods, etc. The AAC has now been constituted with the following composition:
Dr. Rabi Narayan Mishra, former Executive Director, RBI has been appointed as the Director of CoS. The full-fledged operationalisation of the CoS will further contribute to effective oversight of the regulated entities by augmenting and ensuring a consistent quality of supervisory resources pool. (Yogesh Dayal) Press Release: 2020-2021/897 |
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Ajit Prasad Press Release: 2020-2021/895 |
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Reserve Bank of India, Patna invites sealed Quotations for empanelment of Tailoring Firms for stitching of summer/ winter uniforms for its employees from reputed and experience tailoring firms. Application forms can be obtained from Human Resource Management Department, Reserve Bank of India, Patna- 800001 on any working day (Monday to Friday) between 09:45 A.M. to 05:45 P.M. from January 06, 2021 to February 05, 2021 OR may be downloaded from our website www.rbi.org.in – tenders where complete details regarding eligibility, terms and conditions etc. are available. Complete applications should be submitted at the aforementioned address on or before February 05, 2021 till 05:45 P.M. Regional Director |
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