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RBI monetary policy: Key rates unchanged as Urjit Patel defends demonetisation

Updated : Dec 07, 2016

By : FP Staff

Category : Business

RBI monetary policy: Key rates unchanged as Urjit Patel defends demonetisation

Urjit Patel kept short term lending rate unchanged even as the RBI lowered GDP growth rate to 7.1 per cent. #Economy #RBI #Reserve Bank of India #Monetary policy #NewsTracker #bank #Repo rate #Demonetisation #Urjit Patel
Demonetisation: Election Commission against indelible ink use by banks, puts govt in a spot

Updated : Nov 18, 2016

By : FP Staff

Category : Politics

Demonetisation: Election Commission against indelible ink use by banks, puts govt in a spot

The EC has raised concerns that several states will be going to the polls in the near future and this is one of the major points to mark citizens who have already voted #bank #Election Commission #Rs 1000 #Indelible ink #Rs 500 #currency ban #exchange of old notes
Demonetisation: From stench of old notes to angry calls and fights, here's a banker's view

Updated : Nov 17, 2016

By : FP Staff

Category : India

Demonetisation: From stench of old notes to angry calls and fights, here's a banker's view

On 8 November, Prime Minister Narendra Modi announced the demonetisation of Rs 500 and Rs 1,000 notes, in order to flush out black money. Thus began the mad scramble for cash. #Black money #Narendra Modi #bank #TheySaidIt #Demonetisation #Humans of Bombay
Day 7 wrap up post demonetisation: Indelible ink, micro ATMs and much more

Updated : Nov 15, 2016

By : FP Staff

Category : Politics

Day 7 wrap up post demonetisation: Indelible ink, micro ATMs and much more

NHAI has proposed to compensate up to 75 per cent of the losses due to the move resulting from demonetisation #Supreme Court #bank #NHAI #Demonetisation #Indelible ink #PM Modi #Shaktikanta Das #micro-ATMs
Rs 500, Rs 1,000 ban: Banks open today; this chart tells you where you must go and when

Updated : Nov 10, 2016

By : FP Staff

Category : India

Rs 500, Rs 1,000 ban: Banks open today; this chart tells you where you must go and when

Banks have extended their working hours and will remain open during the weekend to help customers #bank #Exchange #Rs 1000 #deposit #Rs 500 #currency ban
Rs 500, Rs 1,000 ban: Do NOT do these things or else you will end up helping crooks

Updated : Nov 09, 2016

By : Bindisha Sarang

Category : Business

Rs 500, Rs 1,000 ban: Do NOT do these things or else you will end up helping crooks

There will be some who will come up with creative ways to beat the system. #Gold #RBI #bank #Diamond #Money #Post office #Accounts #Rs 1000 #Rs 500
Posing as bank executive, Bengaluru woman who cheated locals nabbed in Delhi

Updated : Dec 18, 2015

By : hidden hidden

Category : India

Posing as bank executive, Bengaluru woman who cheated locals nabbed in Delhi

Vishalakshi Bhat, a 42-year-old woman, who posed as a senior executive of a private bank and offered interest rates of five per cent per month on large deposits and scooted with the money, has been arrested in Delhi by the Bengaluru police, The Indian Express reports #Delhi #NewsTracker #bank #Bengaluru #Fraud #Vishalakshi Bhat
Base rate calculation guidelines for banks soon: RBI

Updated : Dec 01, 2015

By : hidden hidden

Category : Business

Base rate calculation guidelines for banks soon: RBI

The Reserve Bank today said it will shortly announce methodology for determining the base rate taking into account the marginal cost of funds, a move aimed at ensuring that banks pass on policy rate cuts to borrowers. #RBI #Interest rates #bank #Raghuram Rajan #guidelines #Base Rate