Latest News on Bank Notes
Showing of 0 - 10 from 14 results
Bank Notes - Total results - 14
Apr 19, 2018
Cash crunch: Bank unions blame govt, RBI and threaten agitation; planned move could worsen customer woesBank employees are facing the wrath of the public for a problem created by the government and the Reserve Bank, the All India Bank Employees Union said
Dec 10, 2017
Gujarat Election: Intelligence body seizes demonetised notes worth Rs 50 crore on first phase polling dayDirectorate of Revenue Intelligence has recovered nearly Rs 50 crore in the banned currency of Rs 500 and Rs 1,000 denomination in Gujarat on election day, the Union Finance Ministry said
Oct 10, 2017
Why were bank officials not probed in Sekhar Reddy case, Madras High Court asks CBIMadras HC asked the CBI why did it not probe bank officials, when its case was that demonetised notes were changed with their help by Sekhar Reddy and two others.
Sep 22, 2017
GDP decline: Govt plans Rs 50,000 cr stimulus, may widen fiscal deficit target to 3.7%, says reportEven though industrial output posted a modest recovery in July, 15 of 23 manufacturing industries recorded a contraction, adding to concerns over the state of the economy.
Jul 25, 2017
Demonetisation: RBI processing old notes to verify numerical accuracy, says FM Arun JaitleyRBI has been entrusted with the job of counting the notes deposited post the cash recall
Jun 21, 2017
Demonetisation: Govt gives a month for cooperative banks, post offices to deposit old notes with RBICooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by 14 November, the day RBI barred them from dealing in old notes
Apr 06, 2017
Reserve Bank unlikely to cut repo rate today, says Reuters pollTo justify a rate cut this year, the RBI would likely need more comfort on consumer prices, either through a slump in food costs or an easing of core inflation, which has stayed at around 5 percent for several months.
Jan 04, 2017
Demonetisation U-turn? RBI now turns away people wanting to exchange Rs 500, Rs 1,000 notesRBI has imposed conditions for availing extended facility for note exchanges.
Dec 09, 2016
November inflation expected to hit 14-month low at 3.9% as demonetisation hits consumption, says pollWith the central bank passing up the opportunity to make a rate cut in December, despite cooling inflation, a February move could be on the menu
Nov 21, 2016
Demonetisation: Privacy laws need to be in place before giving the biggest push to digital transactionsDemonetisation is currently the trending buzzword in India. The recent withdrawal of Rs 500 and Rs 1000 notes has driven most people to cashless transactions in order to get on with their day to day lives. Cashless transactions certainly have their benefits.