The Reserve Bank of India has asked banks to expedite cross-border payments. In guidelines issued today, the RBI stated that it has observed that several banks rely on end-of-day statements of the nostro account to confirm and reconcile receipts in the nostro accounts, resulting in a delay in...
bank customer communication
bank reconciliation
banking
banking regulations
cross-border payments
digital interfaces
financial institutions
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foreign exchange transactions
india
nostro account
paymentprocessing
regulatory compliance
reserve bank of india
Mumbai, April 9 The Reserve Bank of India (RBI) on Thursday directed banks to streamline their processes for inward cross-border payments to ensure faster customer notification and timely credit to beneficiaries.The central bank has mandated banks to inform customers immediately once a payment...
Gondia, Apr 3 The Maharashtra State Electricity Distribution Company Limited disconnected power supply to the new administrative building in Gondia due to non-payment of dues, an official said on Friday.The building, constructed eight years ago at a cost of Rs 29 crore, houses offices of the...
administrative building
assistant charity commissioner
deputy land registrar
district administration
district agriculture superintendent
district information department
electricity dues
electricity restoration
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maharashtra state electricity distribution company limited
office facilities
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power supply disruption
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tehsildar
Srinagar, March 14 Jammu and Kashmir Chief Minister Omar Abdullah launched an online ticketing solution on Saturday for entry to gardens across the Union territory.An official spokesman said this marks a significant step towards promoting digital governance and enhancing visitor convenience...
digital governance
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e-commerce
floriculture
garden management
gardens
government services
jammu and kashmir
jammu and kashmir bank
online portal
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tourism
visitor services
Kolkata, February 19 Bandhan Bank announced on Thursday that it has enabled customers in Assam to make state and non-state tax payments through the Assam e-GRAS portal, allowing transactions through both online and offline channels.The bank stated that 109 of its branches in the state will...