Search For "deposits"
Curb on old note deposits: Influential step taken to curtail any misuse, s
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 19 (ANI): Minister of State (MoS) for Finance Santosh Kumar Gangwar on Monday said, the decision taken to deposit old Rs. 500 and Rs. 1,000 notes exceeding Rs. 5000 only once per account until December 30 after a satisfactory explanation, is an influential step, asser
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Old notes exceeding Rs. 5000 can be deposited after satisfactory explanati
Updated : 8 years, 6 months ago IST
New Delhi[India], Dec.19 (ANI): The Reserve Bank of India(RBI) on Monday announced that deposits of old Rs. 500 and Rs. 1,000 notes exceeding Rs. 5000 shall be made only once per account until December 30 but after a satisfactory explanation.
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I.T. department issues clarification of status of political parties under
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec.17 (ANI):There have been some newspaper reports which seem to wrongly suggest that there cannot be any scrutiny of Income-tax returns of political parties registered with the Election Commission in the context of deposits of old currency notes. This inference seems to
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Deposits exceeding Rs. two lakh without linking PAN won't be operatio
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 16 (ANI): In yet another step to curb black money and prevent illegal transactions, the Reserve Bank of India (RBI) on Friday announced that those who deposited over Rs. two lakh after November 9 without Permanent Account Number (PAN) will not be able to operate thei
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IT raid on Noida Axis Bank branch reveals 20 fake accounts with deposits o
Updated : 8 years, 6 months ago IST
Noida (Uttar Pradesh) [India], Dec. 15 (ANI): With raids being conducted all across the country in the wake of the curbs on the flow of black money post demonetisation, an amount worth Rs. 60 crore was found to have been deposited in 20 fake accounts in an Axis Bank branch in Noida on Thursd
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NPAs, less debt appetite road blocks for bank lending despite deposit pile
Updated : 8 years, 6 months ago IST
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
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RBI provides some relief to people depositing in legal tender
Updated : 8 years, 6 months ago IST
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.
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RBI allows banks to deposit old currency notes in district chests
Updated : 8 years, 6 months ago IST
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.
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Demonetisation: PMJDY witnesses massive jump in deposits
Updated : 8 years, 6 months ago IST
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.
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Rs. 20 crore Naxals' black money deposited in Chhattisgarh banks
Updated : 8 years, 6 months ago IST
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.
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RBI announces total withdrawal of Rs. 5,44,571 crore post demonetisation
Updated : 8 years, 6 months ago IST
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
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Demonetisation crisis: Odisha CM asks PM Modi to exempt PAN Card provision
Updated : 8 years, 6 months ago IST
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.
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