The police said that after the Reserve Bank of India (RBI)'s decision on withdrawing Rs 2000 notes from circulation, the Naxalites were constantly trying to exchange the currency notes that they allegedly collected through extortion.
The Inter-Departmental Group (IDG) constituted by the Reserve Bank of India to examine issues related to the internationalisation of the Indian rupee and has come up with a report, where it made various short-term and long-term recommendations
About 76 per cent of the Rs 2000 banknotes have returned to the banking system since the Reserve Bank of India (RBI) in May decided to withdraw the high-value note from circulation.
The Division bench of Justice Satish Chander Sharma and Justice Subramonium Prasad decided to dismiss the petitions. The RBI has opposed the plea, stating that Rs 2000 notes continue to be legal tender.
The government notified the Electoral Bond Scheme on January 2, 2018. Electoral bonds were introduced to "cleanse the system of political funding" in India.
State Bank of India, on Saturday, launched 34 Transaction Banking Hubs at the Top 21 district centres across the country with an aim to provide quick and efficient Transaction Banking solutions to customers.
"Oral evidence of the representatives of Punjab National Bank (PNB), Bank of India, Yes Bank and Indian Computer Emergency Response Team (CERT-In) on the subject 'Cyber security and rising incidence of cyber/white collar crimes," the committee agenda read.
Evidence and analysis are core inputs in policy formulation, Reserve Bank of India Governor Shaktikanta Das said on Friday and noted that policymaking and monitoring processes have increasingly become more data-intensive
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