Search For "rbi"
RBI allows banks to deposit old currency notes in district chests
Updated : 8 years, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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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RBI announces total withdrawal of Rs. 5,44,571 crore post demonetisation
Updated : 8 years, 7 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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RBI Approves C.V.R. Rajendran as the MD and CEO of CSB
Updated : 8 years, 7 months ago IST
Thrissur (Kerala)[India], Nov.19 (ANI-Businesswire India): The Reserve Bank of India has granted approval for the appointment of C.VR. Rajendran as Managing Director and CEO of the Catholic Syrian Bank Ltd. for a period of three years from the date of his taking charge.
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RBI may Reduce Rates; will be Advantage Homebuyer as EMIs will Drop, says
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 15 (ANI-Business Wire India): While the nation deals with the challenges posed by demonetization, especially in terms of exchanging the old Rs. 500 and Rs. 1000 notes for new ones, home seekers might just end up with positive gains from the scenario.
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Demonetisation: former RBI governor assures reduction in circulation of bl
Updated : 8 years, 7 months ago IST
Chennai (Tamil Nadu), Nov. 14 (ANI): Acknowledging the government for its introduction of the demonetization of currency in the economy, Former RBI governor C. Rangarajan on Monday said the Government's move to demonetize is a standard direction to extinguish reduction in circulation of
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Demonitisation: Task force set up for recalibration of ATMs
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov. 14 (ANI): Economic Affairs Secretary Shaktikanta Das has announced that a task force is being set up under the chairmanship of deputy governor of the Reserve Bank of India (RBI) for recalibration of ATMs to expedite the process of cash transactions.
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