Search For "reserve bank"
Reserve Bank of India has now become Reverse Bank of India, mocks Congress
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 21 (ANI): A day after Congress vice president Rahul Gandhi mocked the Reserve Bank of India (RBI) over the constant change in its rules post demonetisation, the recent u-turn in which the Rs.5000 deposit restriction for KYC compliant accounts was withdrawn, became fod
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PSBs to levy service tax to IMPS, UPI on NEFT transactions above Rs. 1000
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 21 (ANI): In line with the Central Government's objective of promotion of payments through cards and digital means over payments in cash, the Reserve Bank of India (RBI) has recently rationalized customer charges for transactions up to Rs. 1000 settled on Immediat
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RBI takes U-turn, withdraws Rs. 5000 old note-deposit restriction
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 21 (ANI): The Reserve Bank of India (RBI) on Wednesday partially reversed the rule that restricted people from depositing over Rs. 5000 in old banknotes more than once till December 30.
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Chidambaram's argument shows total bankruptcy of Congress thinking: B
Updated : 8 years, 6 months ago IST
Kolkata (West Bengal) [India], Dec. 20 (ANI): The Bharatiya Janata Party (BJP) on Tuesday alleged former finance minister P. Chidambaram's assertion that the Reserve Bank of India (RBI) keeps making new rules on deposits post demonetisation and Finance Minister Arun Jaitley contradicts
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RBI changing rules like PM Modi changes clothes: Rahul Gandhi
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 20 (ANI): Taking another snipe at the Prime Minister over the constant stream of announcements and notifications post demonetisation, Congress vice president Rahul Gandhi on Tuesday said that the Reserve Bank of India (RBI) was changing the rules just like Prime Minis
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Neither RBI nor Jaitley have credibility: Chidambaram
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 20 (ANI): Asserting that the Reserve Bank of India (RBI) keeps making new rules on deposits post demonetisation and Finance Minister Arun Jaitley contradicts them, senior Congress leader P. Chidambaram on Tuesday stated that the citizens have no clue who to believe as
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Govt. has made "mess of demonetisation": Congress
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 20 (ANI): The Congress on Tuesday cornered the government over the recent Reserve Bank of India (RBI) announcement on deposits, saying the ruling dispensation has made mess of the November 8 demonetisation drive.
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Robert Vadra mocks Modi govt. for turning banks into interrogation offices
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 20 (ANI): With the Opposition joining hands against the Prime Minister Narendra Modi-led government's decision to demonetise high-denomination currency notes of Rs. 500 and Rs. 1,000, Congress president Sonia Gandhi's son-in-law, Robert Vadra on Tuesday join
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RBI to issue two new series of Rs. 50 notes, old notes to remain legal
Updated : 8 years, 6 months ago IST
Mumbai [India], Dec. 19 (ANI): The Reserve Bank of India on Monday said it will shortly issue two series of Rs. 50 banknotes in the Mahatma Gandhi Series-2005 with inset letter 'L' on the one series and 'R' on the other, but the old Rs. 50 notes will continue to be legal
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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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RBI Governor to brief Parliamentary panel on demonetization
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 19 (ANI): Reserve Bank Governor Urjit Patel will brief the Parliamentary Committee on Finance about the demonetisation process and its impact on Thursday.
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Interest cut to be far cry as dollar, crude rise: ASSOCHAM Paper
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 18 (ANI): The prospects for cut in the policy interest rates by the Reserve Bank of India (RBI) may be adversely affected by continuous pressure on rupee against dollar, firming of the U.S. interest rates along with the hardening of the crude oil prices, an ASSOCHAM P
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