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RBI to soon issue Rs. 20, Rs. 50 new notes
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 4 (ANI): The Reserve Bank of India (RBI) will soon issue new Rs. 20 and Rs. 50 notes and all old notes issued by it will continue to be legal tender.
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RBI puts withdrawal limits on accounts under PMJDY
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov. 30 (ANI): In a bid to protect farmers and rural Jan Dhan account holders from money launderers, the Reserve Bank of India (RBI) on Wednesday announced a temporary measure by notifying that they will be allowed to withdraw only Rs. 10,000 per month.
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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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PM took RBI Guv's role, must answer on demonetisation move: Congress
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov. 29 (ANI): Taking a dig at Prime Minister Narendra Modi, the Congress Party on Tuesday alleged that the former who stepped into the shoes of the Reserve Bank of India (RBI) Governor with the demonetisation decision must now respond to the concerns of the opposition in
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Demonetisation relaxation: RBI extends withdrawal limits
Updated : 8 years, 6 months ago IST
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.
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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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Nepal's central bank reduces INR exchange limits, awaits response fro
Updated : 8 years, 6 months ago IST
Kathmandu [Nepal], Nov.25 (ANI): The Nepal Rastra Bank (NRB) has reduced the exchange limit of Indian to Rs.2000 from Rs.5000 after India introduced new bank notes of Rs.500 and Rs.2000.
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Counter exchange of old currency available at RBI counter
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov. 25 (ANI): The Reserve Bank of India (RBI) on Friday announced that the exchange of Rs. 500 and Rs. 1000 currency notes will continue to be available at its counters up to current limits per person as hitherto.
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Nepal, Bhutan in touch with RBI regarding exchange of old currency notes:
Updated : 8 years, 6 months ago IST
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
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When will money reach co-operative banks, asks Akhilesh
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov. 24 (ANI): Uttar Pradesh Chief Minister Akhilesh Yadav on Thursday highlighted the hardships of farmers in the state due to the cash-crunch triggered by the demonetisation drive, and asked the Centre how long would co-operative banks have to wait to receive funds from
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Demonetisation is 'illegal', can't be done without legislat
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov. 23 (ANI): Dubbing the Centre's demonetisation move as "illegal", Congress leader Manish Tewari on Wednesday said it cannot be done without legislation, adding that the government chose to do it with executive action and introduce a currency denomination
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All India Bank Employees Association demands RBI Gov.'s resignation
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 23 (ANI): Holding RBI Governor Urjit Patel responsible for ineffective handling of the crisis post the demonetisation drive, All India Bank Employees Association vice-president Vishwas Utagi on Wednesday said that bank unions are adamant on their demand for the former&
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