WebJul 30, 2024 · Mar 24, 2024 IST 3 Min (s) Read. In a bid to enforce credit discipline and check diversion of funds, the Reserve Bank of India (RBI) had put in place certain safeguards for the opening of current accounts by banks in August last year. Broadly, these rules say banks cannot open current accounts for borrowers where their … WebOct 30, 2024 · RBI in its new guidelines issued on October 29 said for borrowers with exposure of banking system less than Rs 5 crore there is no restriction on opening of …
RBI allows banks to open current accounts for borrowers
WebOct 30, 2024 · RBI relaxes rules on opening current a/c. 1 min read . Updated: 30 Oct 2024, 06:53 AM IST Gopika Gopakumar. Bankers say they have already closed the current accounts as the deadline ended on 30 ... WebOct 29, 2024 · Details here. RBI tweaks current account rules for banks. Details here. 1 min read . Updated: 29 Oct 2024, 09:54 PM IST Livemint. Further, other lending banks … in and out burgers lettuce wrap
RBI eases current account opening rules for exposure …
WebJul 19, 2024 · The revised guidelines For Opening Current Accounts in banks in brief are as under: –. 1. For a borrower with existing CC or OD facility: – The bank cannot open a current account for the borrower and all transactions have to be routed through the cash credit or overdraft account. 2. WebFree access to the Safest, Securest, Fastest Corporate Internet Banking. Free NEFT/RTGS through Internet Banking & Mobile Banking. Free 50 Multicity Cheque Leaves per Month. For further information on Regular Current Account, Please Contact Nearest SBI Branch or Call - 1800112211 (Toll Free) , 18004253800 (Toll Free) , 08026599990 (Charges Apply). WebSep 27, 2024 · Purpose : Realtor’s Current Account for the Purpose of RERA Act 2016. (Specifically designed for depositing the minimum 70% of Realtor’s Collections from … in and out burgers locations near mesquite