If the government can insist the common man to change their cash transactions to digital mode, why can’t it ask the same of political parties, too?
Prime Minister Narendra Modi will be happy with 26-year-old Deepak Patil, an onion farmer from the village of Valwadi in Malegaon Taluka
For the next month, Income Tax and economic intelligence sleuths will hit the streets looking for real beneficiaries of around 771 accounts that they fear were hired from small depositors on monthly rent to beat the anti-black money measures
According to RBI, it is imperative that farmers are adequately supported financially to ensure unhindered farming operations.
Kerala is one of the few states where demonetisation of Rs 500 and Rs 1,000 currency notes generated so much heat
On 14 November, the Reserve Bank of India (RBI) issued a notification saying District Central Cooperative Banks (DCCB) will not be allowed to provide any exchange facility against Rs 500 and Rs 1,000.
If there is a single state that is falling into a real financial crisis because of the current drive of demoneitsation, it's Kerala.
The RBI deputy governor feels cooperative segment's true potential has not been fully achieved.
Stating that credibility of the cooperative banks has "eroded", Reserve Bank Governor D Subbarao today said there was an urgent need to professionalise their governance which would help the financial inclusion agenda.