“Such misadventure by an oligarchic & authoritarian government will not be forgotten by the people at large at the time of reckoning,” she said.
Rs 2,000 currency note was introduced in November 2016 following the central government's demonetisation move
The decision was taken at the 602nd meeting of the Central Board of Directors of Reserve Bank of India held under the chairmanship of Governor Shaktikanta Das
On November 8, 2016, Prime Minister Narendra Modi announced that Rs 500 and 1,000 notes would cease to be legal tender. The announcement followed long lines at banks to exchange or deposit these notes. Cash shortage, loss of...
Exchange facility for Rs 2,000 bank notes up to Rs 20,000 at a time would be available from May 23, the RBI said in a statement.
Around Rs 2,696 crore will be disbursed this fiscal while rest will be done in future.
The Reserve Bank Of India has asked all the banks in the country to stop issuing notes of Rs 2,000 denomination
RBI will launch a 100-day campaign from June 1, 2023, to settle unclaimed bank deposits across India. As part of the drive, banks must first trace the owners of unclaimed deposits.
Are you confused whether you should have a salary account along with a savings account? Learn about the benefits of a salary account to see how it works for...
A recent survey indicates that a majority of non-resident Indians (NRIs) believe India offers better investment returns. Read on to know how NRIs overcome the...
On policy options to mitigate climate risks, the report said the enormous scale of the green transition challenge and the colossal cost of delayed policy...
The RBI is committed for future proofing of the Indian financial system and to provide support for its sustainable growth
A monetary penalty of Rs 2 lakh has been imposed on Baran Nagrik Sahkari Bank, Baran, Rajasthan for contravention of certain norms
The report said FY23 has been strong for India's economy despite the tailwind of the pandemic and the headwind of the geopolitical conflict intertwining to...
For next week's auction, Andhra Pradesh, Haryana, and Gujarat are among the four states offering state government bonds. Andhra Pradesh has offered the...
HDFC Bank shall continue to comply with extant requirements of CRR, SLR and LCR (liquidity coverage ratio) from the effective date of merger without exceptions
The country's reserve position with the IMF was up by $12 million to $5.19 billion in the reporting week, the apex bank data showed
The retail inflation in March fell to a 15-month low of 5.66 per cent and came back to the Reserve Bank's comfort level of 6 per cent
CRR is the percentage of deposits which a commercial bank like HDFC Bank has to park with the central bank for which it does not earn any interest, while SLR...
MPC member and RBI Deputy Governor Michael Debabrata Patra said that an ongoing assessment of the macroeconomic outlook should inform a preparedness to...
With rising funding cost, the NBFCs have increased interest rates for loans against property (LAP) to small and medium-size enterprise (SME) borrowers, which...
The potential bidders have since begun due diligence on the bank
In February last year, the central bank proposed the issuance of suitable regulatory guidelines on outsourcing of IT services with an aim to ensure effective...
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Instant loan apps are easy bait for people needing money but not all lenders are RBI authorised, and they can put you in danger.
The brokerage said it agrees with the Reserve Bank's projections on price rise, and said that the worst of headline inflation is behind us
