Bank Branches

RBI printing Rs 200 notes, says report; Twitterati expects Rs 100 notes to be demonetised

The decision to introduce Rs 200 notes was taken by the central bank in March this year to overcome the paucity of lower denominations

Kashmir: Cash transactions stopped in 40 bank branches in Pulwama, Shopian

In the wake of militants targeting banks in south Kashmir, cash transactions at nearly 40 branches in sensitive areas of Pulwama and Shopian districts in south Kashmir have been stopped.

ICICI, Axis, HDFC Bank limiting cash transactions at branches is really no big deal; here's why

Most of us have moved online already and those who haven’t will eventually do. Just like the way you had to gulp down that bitter cough syrup, whether you liked it or not

HDFC's Deepak Parekh says economy has derailed in short term due to demonetisation

With the economy showing signs of slowdown, it is in this regard HDFC's Parekh indicated that business confidence has been hit by demonetisation and factories are not working at full capacity

Demonetisation: What's with the fuss, let the Modi govt crackdown on black money

There are logistical problems that have come up during the implementation of this massive financial transformation, but isn't the government working on a war footing to get everything back to normal?

Demonetisation: Banks to use indelible ink to stop multiple transactions, curb crowd

Same people returning in queues gives rise to suspicion that unscrupulous elements are using the poor to whiten their black money

Winter Session: Demonetisation will dominate, but does Modi have a counter-chaos plan?

PM Modi will have to use his charisma, which he is known for, to get the business going

Demonetisation: As ATM queues get 2 km long, 'kuch karo hamara,' say angry customers

A complete mess: That's what customers are saying about the continuing chaos at the bank branches and ATMs

Now, banks don't need RBI permission to open branches

Within days of new RBI Governor Raghuram Rajan making comments to this effect, the central bank today allowed lenders to open branches, including in big cities, without its permission provided they fulfil certain conditions.

Will India's snail mail begin brisk walking with post office reforms and liberalisation?

The government's plan to tap into India's vast postal system to reach out to the unbanked population by utilising offices across the country as banks is expected to take some shape this year.