{"id":3502,"date":"2019-05-01T01:26:42","date_gmt":"2019-04-30T19:56:42","guid":{"rendered":"http:\/\/yourcareerheights.com\/?post_type=news&#038;p=3502"},"modified":"2019-05-01T01:40:31","modified_gmt":"2019-04-30T20:10:31","slug":"rbi-moves-to-tighten-current-account-operating-norms-to-check-fund-diversion","status":"publish","type":"news","link":"https:\/\/yourcareerheights.com\/?news=rbi-moves-to-tighten-current-account-operating-norms-to-check-fund-diversion","title":{"rendered":"RBI moves to tighten current account operating norms to check fund diversion"},"content":{"rendered":"<div id=\"pl-3502\"  class=\"panel-layout\" ><div id=\"pg-3502-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-3502-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-3502-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div class=\"panel-widget-style panel-widget-style-for-3502-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4>MUMBAI: In a move to tackle fund diversion, the Reserve Bank of India (RBI) has proposed sterner rules on opening and running of current accounts of corporate borrowers.<br \/>\nCurrent accounts, according to a draft circular shared by the regulator with the banking industry, can \u201conly be opened\u201d with the lead bank in a lending consortium while other banks having collection accounts will have to transfer funds at the end of the day to the current account with the consortium leader.\u00a0 Read more at:<br \/>\n<a href=\"https:\/\/economictimes.indiatimes.com\/articleshow\/69088982.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst\">\/\/economictimes.indiatimes.com\/articleshow\/69088982.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst<\/a><\/h4>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>In a move to tackle fund diversion, the Reserve Bank of India (RBI) has proposed sterner rules on opening and running of current accounts of corporate borrowers. <\/p>\n","protected":false},"author":1,"featured_media":3491,"comment_status":"open","ping_status":"closed","template":"","tags":[303,576,574,575,40],"news-category":[27,572,571,573,50],"class_list":["post-3502","news","type-news","status-publish","has-post-thumbnail","hentry","tag-banks","tag-corporate-borrowers","tag-current-accout","tag-fund-diversion","tag-rbi","news-category-banking","news-category-corporate-borrower","news-category-current-account","news-category-fund-diversion","news-category-rbi"],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/3502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3502"}],"version-history":[{"count":1,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/3502\/revisions"}],"predecessor-version":[{"id":3503,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/3502\/revisions\/3503"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/3491"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3502"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3502"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fnews-category&post=3502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}