12 August 2024


Search Results for Tag : branch

News

ITAT, Mumbai: Data Processing Cost Paid by KBC Bank Branch to Head Office Isn’t Royalty(04.12.2020)

Income Tax Appellate Tribunal (ITAT), Mumbai has upheld the order passed by CIT(A) holding that the Data Processing Cost paid by the KBC Bank Branch t.....

Tags : Income Tax Appellate Tribunal, KBC Bank Branch

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RBI Nods to Hike Service Charge on Deposits by Non-Chest Branches(22.01.2016)

Reserve Bank of India (RBI) has said currency chest holding branches can raise service charges to be levied on cash deposited by non-chest bank branch.....

Tags : Reserve Bank of India, Non-Chest Branches

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CIVIL - SC Strikes Down Rule 5A of Bihar Civil Service(Judicial Branch)(Recruitment) Rules(21.02.2019)

Supreme Court has struck down Rule 5A of Bihar Civil Service(Judicial Branch)(Recruitment) Rules 1995, as per which only 10% of the candidates who app.....

Tags : Supreme Court, Bihar Civil Service(Judicial Branch)(Recruitment) Rules

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Karnataka HC: City Crime Branch Not a Police Station, Court Cannot Take Cognizance of Report(29.01.2021)

Karnataka High Court has held that City Crime Branch (CCB) is not a police station and therefore the final report filed by it is not in contemplation .....

Tags : Karnataka High Court, City Crime Branch

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Allahabad HC: Writ of Mandamus Cannot be Issued to a Private Body(14.01.2021)

Allahabad High Court in Arif Khan v. Branch Manager Mahindra Finance Sultanpur & Another, observed that writ of Mandamus cannot be issued to a private.....

Tags : Allahabad High Court, Arif Khan v. Branch Manager Mahindra Finance Sultanpur & Another

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Madras HC: No Jurisdiction Based on Location of Branch Office Where No Cause of Action Has Arisen(23.11.2021)

Madras High Court has interpreted, actually and voluntarily resides or carries on business or personally works for gain, in Section 134(2) of Trade Ma.....

Tags : Madras High Court, Jurisdiction Based on Location of Branch Office

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Delhi HC Rejects AAP Govt Plea Seeking Contempt Proceeding Against ACB Chief(12.04.2017)

Delhi High Court has refused to entertain AAP Government’s Petition seeking initiation of contempt proceedings against Anti Corruption Branch (ACB) Ch.....

Tags : Delhi High Court, Anti Corruption Branch

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RBI Revises Guidelines on Rationalization of Branch Authorization Policy(29.05.2017)

Reserve Bank of India (RBI) has liberalised Branch Authorization Policy and has also widened role of bank boards, making them responsible for complyin.....

Tags : Reserve Bank of India, Branch Authorization Policy

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Delhi High Court Adjourns Anti-Corruption Branch’s (ACB) Power Case(12.08.2015)

Delhi High Court has adjourned hearing on cases related to conflict between Aam Aadmi Party Government in Delhi and Centre over powers of ACB and aut.....

Tags : Delhi High Court,Anti-Corruption Branch

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Notifications & Circulars

System for reporting banks’ associations discontinued(30.06.2016)

The Reserve Bank of India discontinued the Quarterly Reporting System - foreign branches/subsidiaries/joint ventures/associates of Indian Banks , with.....

Tags : quarterly reporting system, foreign branches, associations, indian banks

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Banks now able to authorise establishment of branch office of foreign entities(12.04.2016)

The Reserve Bank of India has empowered AD Cat-I Banks to grant approvals for establishment of Branch Offices, Liaison Offices and Projects Offices in.....

Tags : Foreign entity, branch office, bank

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Punjab and Maharashtra Co-operative Bank Ltd. branches to operate as Unity Small Finance Bank Ltd.(25.01.2022)

The Government of India has today sanctioned and notified the Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd. (PMC Ba.....

Tags : Branches, Operation, Unity Small Finance Bank Ltd.

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Section 23 of the Banking Regulation Act, 1949 - Relaxations in Branch Authorisation Policy.(06.08.2015)

In order to allow banks greater operational freedom, the Reserve Bank of India reviewed instructions regarding merger, closure, shifting, part shiftin.....

Tags : bank, branch, opening, policy

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Rationalization of Branch Authorisation Policy for Urban Co-operative Banks (UCBs)(08.06.2023)

1. A reference is made to the circular on the revised criteria for classifying a UCB as Financially Sound and Well Managed (FSWM) issued by RBI vide c.....

Tags : Rationalization, Branch Authorisation, Policy

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ASBA designated branches to remain open for public on May 8, 2022 (Sunday) to facilitate processing of applications for LIC IPO(04.05.2022)

1. The Government of India, in order to facilitate bidding for LIC IPO, has requested that all bank branches designated to process ASBA (Application S.....

Tags : ASBA branches, Opening, LIC IPO

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