New Delhi [India], Dec. 2 (ANI): The Income Tax Department on Friday seized more than Rs. 1.64 crore undisclosed money deposited into the Jan Dhan accounts across nation.
New Delhi [India], Dec 1 (ANI): Despite banks filled with huge deposits following demonetization, a very high level of non-performing assets and reducing appetite for more loans from the over-leveraged industry would come in the way of increased bank lending despite bond yields falling even
New Delhi [India], Nov 29 (ANI): The Reserve Bank of India (RBI) on Tuesday announced that people can withdraw the amount over and above a weekly limit of Rs. 24,000 if the deposits had been made in legal tender.
New Delhi [India], Nov. 28 (ANI): In a major relief for the common man, the Reserve Bank of India (RBI) on Tuesday extended the withdrawal limit of cash from bank deposit accounts.
Mumbai [India], Nov. 28 (ANI): The Reserve Bank of India (RBI) has allowed lenders to park old 500 and 1,000 rupee currency notes in currency chests at the district level in view of mounting deposits due to the ongoing domonetisation drive.
New Delhi [India], Nov. 27 (ANI): Asserting that the corrupt are still adamant on their old ways and are looking for ways to convert their black money into white by using the poor people, Prime Minister Narendra Modi warned such people against doing so.
New Delhi [India], Nov. 24 (ANI): The Ministry of External Affairs (MEA) on Thursday said both Nepal Rashtra Bank and Royal Monetary Authority of Bhutan are in touch with the Reserve Bank of India (RBI) regarding the facilitation of collection and deposit of old currency of high-value denomi
New Delhi [India], Nov. 23 (ANI): Ever since Prime Minister Narendra Modi announced that Rs. 1,000 and Rs. 500 currency notes would no longer be legal tender, the bank accounts opened under the Pradhan Mantri Jan-Dhan Yojana (PMJDY) witnessed a massive jump in their deposits.
Raipur (Chhattisgarh) [India], Nov. 23 (ANI): More than 50 banks in Naxal-hit areas of Chhattisgarh have recorded deposits of nearly Rs. 20 crores within two weeks. Based on an intelligence report, transactions in these accounts have been put on hold.
New Delhi [India], Nov. 21 (ANI): Following the troubles faced by the common man post the government's demonetisation drive, the Reserve Bank of India (RBI) has in a series of measures announced that total exchange and deposits effected from November 10, 2016, up to November 18, 2016, a
New Delhi [India], Nov. 21 (ANI): Chief Minister Naveen Patnaik on Monday met Prime Minister Narendra Modi over the effects of demonetisation in his state and sought exemption from submission of PAN card number for people belonging to the scheduled areas for bank deposits beyond Rs. 50,000.
New Delhi [India], Nov 18 (ANI): It was announced by the Government earlier that small deposits made in the banks by artisans, workers, housewives, etc. would not be questioned by the Income Tax Department in view of the fact that present exemption limit for Income Tax is Rs.2.5 lakh.