Search
RBI’s New Cash Management Standards to Increase Banks’ Costs
July 18, 2018
Banks in India are raising the concern of higher costs with regard to the central bank RBI’s new norms for cash logistics companies effective from July 6.
Under the new norms, banks are required to appoint service providers only if their net worth is at least Rs. 100 crores. If they have already partnered with service providers that don’t meet these requirements, then they can make the changes by March 2019. Cash logistics companies are also required to equip their vans with tubeless tires, GP, CCTV for the passengers and cash compartments, and an emergency hooter.
Photo credit: Ajay Tallam on VisualHunt.com / CC BY-SA
Important Links:
- MBA from ARU, Anglia Ruskin University (UK): https://new.ask.careers/courses/mba-from-uk-university/
- Post Graduate Diploma in Banking & Finance: https://new.ask.careers/courses/post-graduate-diploma-in-banking-finance/
- 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI): https://new.ask.careers/courses/professional-diploma-in-banking-management/
- Vadodara: https://new.ask.careers/cities/vadodara/
- Ahmedabad: https://new.ask.careers/cities/ahmedabad/
- Mumbai: https://new.ask.careers/cities/mumbai/
- Lonavala: https://new.ask.careers/cities/lonavala/
- TSCFM: https://new.ask.careers/institutes/tscfm/
Courses
-
testssd
-
testssd
-
testssd
-
testssd
-
testssd
-
Sage Foundation - Professional Diploma in Banking
-
Banking course + Job
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
3-in-1-management-program
-
MBA from HSNC University (Mumbai, India)
-
BBA from UK University
-
MBA for Executives
-
Certificate in Business English
-
Professional Diploma in Photography
-
Professional Diploma in Real Estate Management
-
Professional Diploma in Digital Marketing
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
Post Graduate Diploma in Integrated Marketing, Advertising & Communication
-
Post Graduate Diploma in Digital Marketing
-
Post Graduate Diploma in Banking & Finance
-
MBA from ARU, Anglia Ruskin University (UK)