[New Delhi]RBI Not Willing To Disclose Receipt Of Post Demonetisation Fake Currency
RBI,This Time,has not Obliged RTI Activist also.
Responding to an RTI inquiry from Mumbai-based activist Anil Galgali seeking to know the extent of fake currency found in demonetised notes of Rs 1,000 and Rs 500 deposited in banks till December 10, 2016, the RBI has said no information is available with it.
Earlier, RBI had refused to disclose information about consultation undertaken before the demonetisation move was announced by the Prime Minister on November 8.
Even Prime Minister’s Office had refused to disclose if Chief Economic Advisor and Finance Minister were consulted before the decision was announced
Tag: Reserve Bank of India
RBI Not Willing To Disclose Receipt Of Post Demonetisation Fake Currency
RBI Official”Michel”Arrested For Converting Banned Notes Illegally
[Bengaluru]RBI Official”Michel”Arrested For Exchanging New Notes Illegally
RBI official K Michael has arrested by CBI in Bengaluru in connection with seizure of Rs 5.70 crore in new currecy
He was allegedly trying to exchange Rs 1.50 crore in old notes illegally.
This arrest was made last week.
Two other private persons have also been arrested,
DGCA Gets Power To Grant Initial NOC for Import or Acquisition of Aircrafts
[New Delhi]DGCA Gets Power To Grant Initial NOC for Import or Acquisition of Aircrafts
The Ministry of Civil Aviation has decided to delegate the power to grant initial NOC/ In-principle approval for import or acquisition of aircrafts to the Directorate General of Civil Aviation (DGCA).
As per the existing procedure, Scheduled Operators and Regional Scheduled Operators have to seek such approval from the Ministry of Civil Aviation. The delegation of power is being done in order to simplify procedures as compliance of various Civil Aviation Requirements (CAR) are regulated by the DGCA.
The Ministry of Civil Aviation had requested Director General of Foreign Trade and Reserve Bank of India to amend their existing notification and Master Circular respectively in this regard. DGCA has now been requested to make necessary amendment in the related CAR/Rules in accordance with it.
After effecting the requisite changes by DGCA, the Scheduled Operators/Regional Scheduled Operators need not approach the Ministry of Civil Aviation for initial NOC/In-principle approval for import/acquisition of aircrafts.
Govt.Will Enrich National Treasury With Rs 1000 Crores By Sale Of 1.44% Inflation Indexed Stock 2023
Government Of India Is All Set To Enrich National Treasury With Rs 1000 Crores By Sale (Re-Issue) of 1.44% Inflation Indexed Stock 2023 .
Government of India have announced the sale (re-issue) of “1.44% Inflation Indexed Government Stock-2023” for a notified amount of Rs. 1,000 crore (nominal) through price based auction. The auction will be conducted using uniform price method. The auction will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on October 30, 2013 (Wednesday).
Up to 20% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.
Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 30, 2013. The non-competitive bids should be submitted between 10.30 a.m. and 11.30 a.m. and the competitive bids should be submitted between 10.30 a.m. and 12.00 noon.
The result of the auction will be announced on October 30, 2013 and payment by successful bidders will be on October 31, 2013 (Thursday).
The sale (re-issue) of “1.44% Inflation Indexed Government Stock-2023” for a notified amount of Rs. 1,000 crore would be issued within the budgeted Government market borrowing programme (about Rs. 5,79,000 crore) for 2013-14 and indicative calendar for the marketable dated securities for the second half of 2013-14.
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