Submission of Life Certificate/ Declaration of marital status - RBI Pension Regulations, 1990

Submission of Life Certificate/ Declaration of marital status - RBI Pension Regulations, 1990

Central Government Employees News

RESERVE BANK OF INDIA
www.rbi.org.in

CO.HRMD.No.2002 /21.01.00/2020-21

Dated: September 25, 2020

The Regional Director /
Principal Chief General Manager/
Chief General Manager-in-Charge/
Chief General Manager/ General Manager-in-Charge/
Principal (Training Establishments)
Reserve Bank of India

Dear Sir / Madam,

RBI Pension Regulations, 1990 – Submission of Life Certificate/ Declaration of marital status – Extension of time thereof

Please refer to paras 6.8 to 6.11 of the Master Circular on pension, wherein every pensioner, family pensioner and ex-gratia recipient has to submit life certificate /declaration of marital status in the month of November each year. In case of non-receipt of life certificate/ declaration by November end, monthly payment of pensions stopped from the month of December and pension payment restarts only after receipt of the life certificate from the pensioners.

Also check: PCDA – Submission of pension claim during lock-down in respect of Defence civilian

2. Taking into account the pandemic situation, it has been decided to allow pensioners, family pensioners, ex-gratia recipients to submit scanned copy of signed life certificates /declaration of marital status in the prescribed format through email to the respective Pension Cells from where pension is being drawn. Further, it is has been decided to extend the time-limit for submitting the same upto December 31, 2020. The extension of time limit as above is applicable only for this year due to the prevailing pandemic situation. The existing system of accepting life certificates/ declaration of marital status through post/ personally/ Jeevan Pramaan continues to remain unchanged.

Yours faithfully
(Bipin Nair)
Deputy General Manger

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DoE - RTGS systems - increase in operating hours

DoE

RTGS systems - increase in operating hours

Office of the Controller General of Accounts
Ministry of Finance
Department of Expenditure

Mahalekha Niyantrak Bhawan
E Block, INA, New Delhi
Dated: 28th August 2019

No. S-11012/2/3(17)/RBl/2015/GBA/1468-1512

Office Memorandum

Sub:- RTGS systems - increase in operating hours

Please find enclosed herewith a letter No. DGBA. GBD. 438/41.07.001/2019-20 dated August 26, 2019 alongwith its annexure regarding increase in the operating hours of Real Time Gross Settlement (RTGS) with effect from August 26, 2019 received from Department of Government and Banks Accounts, Reserve Bank of India, Mumbai for information and necessary action.

Sd/-
(Hanumaiah.K)
Deputy Controller General of Accounts (AR&GBA)
RESERVE BANK OF INDIA
www.rbi.org.in

DGBA.GBD.No. 438/41.07.001/2019-20

August 26, 2019

The Controller General of Accounts
Office of the Controller General of Accounts
Ministry of Finance, Department of Expenditure

Mahalekha Niyantrak Bhawan
E Block, INA
New Delhi - 110 023

Dear Sir

RTGS System-Increase in operating hours

Reserve Bank of India has vide its circular DPSS(CO) RTGS No.364/04.04.016/2019-20 dated August 21, 2019 decided to increase the operating hours Of RTGS and commence operations for customers and banks from 7.00 am with effect from August 26, 2019 (copy enclosed).

It is informed that, in e-Kuber QPX, a business day is divided into 12 business sessions, starting from 8.00 am up to 8.00 pm. The system-based consolidation process is executed at the end of each business session for accounting as well as generation of the Credit Notifications for e-Receipts and Return Notifications for e-Payments.

It has been decided that with effect from August 26, 2019 an additional business session starting from 7.00 am has been added in e-Kuber QPX. Accordingly all e-Receipts and e­ Payments will be processed, system-based consolidation process will be executed for accounting as well as all notifications for Government a-Receipts and e-Payments will be generated and transmitted to Government for the additional business session also.

This is for your kind information please.

Yours faithfully

(L.S. Bhati)
Asstant Manager
Encl: As above

RESERVE BANK OF INDIA
www.rbi.org.in

RBl/2019-20/46

DPSS (CO) RTGS No.364/04.04.016/ 2019-20
August 21, 2019

The Chairman / Managing Director / Chief Executive Officer
of member banks participating in RTGS
Madam / Dear Sir,

Real Time Gross Settlement (RTGS) System - Increase in operating hours

A reference is invited to the circular DPSS / CO/RTGS No. 2488/04.04.016/2018-19 dated May 28, 2019 on 'Real Time Gross Settlement (RTGS) System - Extension of Timings for Customer Transactions'.

At present, the RTGS system is available for customer transactions from 8:00 am to 6:00 pm and for inter-bank transactions from 8:00 am to 7:45 pm. In order to increase the availability of the RTGS system, it has been decided to extend the operating hours of RTGS and commence operations for customers and banks from 7:00 am.

The RTGS time window with effect from August 26, 2019 will, therefore, be as under:

S.No	Event	Time
1	Open for Business	07:00 hours
2	Customer transactions (Initial Cut-off)	18:00 hours
3	Inter-bank transactions (Final Cut-off)	19:45 hours
4	IDL Reversal	19:45 hours - 20:00 hours
5	End of Day	20:00 hours

This directive is issued under Section 10 (2) read with Section 18 of Payment and Settlement Systems Act 2007 (Act 51 of 2007).

Yours faithfully,
(P Vasudevan)

Sd/-
Chief General Manager

Source: CGA

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RBI Circular: No Limit for Cash Withdrawal from ATMs from February 1

RBI Circular: No Limit for Cash Withdrawal from ATMs from February 1

Limits on Cash withdrawals from Bank accounts and ATMs - Restoration of status quo ante

RESERVE BANK OF INDIA
www.rbi.org.in

RBI/2016-17/217
DCM (Plg) No. 2905/10.27.00/2016-17

January 30, 2017

The Chairman / Managing Director / Chief Executive Officer,
Public Sector Banks / Private Sector Banks / Foreign Banks,
Regional Rural Banks / Urban Co-operative Banks,
State Co-operative Banks / District Central Co-operative Banks

Dear Sir/Madam,
Limits on Cash withdrawals from Bank accounts and ATMs - Restoration of status quo ante

Please refer to our circular DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 placing limits on Cash withdrawals from bank accounts and ATMs in the wake of withdrawal of Legal Tender Character of Specified Bank Notes (SBN) and subsequent circulars DCM (Plg) Nos.1256, 1274, 1317, 1437, 2142 and 2559 dated November 11, 14, 21, 28, December 30, 2016 and January 16, 2017 respectively, providing for relief and relaxations therefrom.

2. On a review of the pace of remonitisation, it has been decided to partially restore status quo ante as under:

Limits placed vide the circulars cited above on cash withdrawals from Current accounts/ Cash credit accounts/ Overdraft accounts stand withdrawn with immediate effect.

The limits on Savings Bank accounts will continue for the present and are under consideration for withdrawal in the near future.

Limits vide the circulars cited above placed on cash withdrawals from ATMs stand withdrawn from February 01, 2017. However, banks may, at their discretion, have their own operating limits as was the case before November 8, 2016, subject to 2 (ii) above.

3. Further, banks are urged to encourage their constituents to sustain the movement towards digitisation of payments and switching over of payments from cash mode to non-cash mode.

4. Please acknowledge receipt.

Yours faithfully,
(P Vijaya Kumar)
Chief General Manager

Authority: www.rbi.org.in

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