Rbi Annual Report
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Rupee volatile: Currency pares all gains, drops 21 paise to fresh record low of 71.79 on sudden bouts of dollar purchases
Fp Staff •Earlier, the rupee resumed higher at 71.43 against yesterday's closing level of 71.58 a dollar at the interbank foreign exchange market here.
Demonetisation reduced cash transactions, encouraged digital payments: Niti Aayog VC Rajiv Kumar
•As per the RBI Annual Report released on Wednesday, 99.3 percent of the demonetised Rs 500 and Rs 1,000 notes were returned to the banking system.
Detection of counterfeit notes was 31% lower than previous year; high-security features made making fakes difficult: RBI
•Counterfeit notes detected in specified bank notes decreased by 59.7 and 59.6 percent in the denominations of Rs 500 and Rs 1,000
RBI annual report 2017-18: India remains preferred destination for FDI as domestic consumption remains strong
•Giving details of FDI flow, the RBI report said, the increase in foreign capital flow was mainly due to higher flows into the communication services, retail and wholesale trade
RBI annual report 2017-18: Central bank says lenders will witness further deterioration in NPAs in FY19
•The combined impact of the increase in provisioning against NPAs and mark-to-market (MTM) treasury losses on account of the hardening of yields eroded the profitability of banks, resulting in net losses, RBI report said
Reserve Bank of India says 99.3% of demonetised Rs 500 and Rs 1,000 notes returned to banks
•Of the Rs 15.41 lakh crore worth 500 and 1,000 rupee notes in circulation before 8 November, 2016, notes worth Rs 15.31 lakh crore have been returned.
Demonetisation: Narendra Modi has won the battle of perception; Opposition is barking up the wrong tree
Nilanjan Mukhopadhyay •Instead of presenting the return of banned noted as proof of failure of demonetisation, it would be better for Opposition to focus on the negatives of the exercise that impacted the people
RBI says 99% of banned notes returned: A cost-benefit analysis of demonetisation in five points
Latha Venkatesh •Separating the rhetoric from the reality of demonetisation
Demonetisation: RBI data shows 99% of banned notes returned; it was indeed a failure
Fp Staff •With the release of the demonetisation data, the government and the RBI will have to answer many uncomfortable questions
Raghuram Rajan's last RBI report on economy: Rate cut no magic cure but investment is
Dinesh Unnikrishnan123 •Raghuram Rajan stresses the fact that it’s not easy for the central bank to go for a rate cut now; and even if it does cut not necessarily will it help small firms