Note ban: Normalcy restored to a large extent, says Arun JaitleyOn reaction to former Finance Minister P Chidambaram comment, Jaitley said "I would like to learn that economics where lower GDP leads to h...
30 Dec, 2016, 08.23 PM IST
FM cites tax collection rise to target critics of note banJaitley said the critical part of the remonetisation was over and things should improve in the coming weeks and months.
30 Dec, 2016, 01.20 AM IST
Economy safe, no cash chaos, FM says on last day of demonetisationAs a counter, he also cited increase in direct taxes, excise duty, service taxes, custom duty, investments in mutual funds, increase in air...
29 Dec, 2016, 05.36 PM IST
Longer queues at branches as new deposit restrictions kick inThe RBI imposed stiff restrictions on depositing more than Rs 5,000 in old notes. It can be deposited only once per account till December 3...
19 Dec, 2016, 11.24 PM IST
Limits on drawing money not permanent: RBIAddressing the media after the fifth bi-monthly monetary policy review, RBI Governor Urjit Patel said there will be restrictions only durin...
08 Dec, 2016, 11.12 AM IST
Demonetisation not done in haste, says RBI Governor Urjit PatelRBI Deputy Governor R Gandhi said that almost Rs 11.85 lakh crore in the scrapped Rs 500/1000 notes have come back to the banking system.
07 Dec, 2016, 04.51 PM IST
On first payday after demonetisation, banks run out of cash within hours and ATMs dry upAs banks ran out of notes, people waited at ATMs but struck out there too as supplies to cash dispensers were down to a fifth of required l...
01 Dec, 2016, 06.57 AM IST
Demonetisation: Government introduces indelible ink to stop multiple currency exchanges in bankShaktikanta Das appealed to religious institutions to deposit smaller denomination currency which they have received as a part of donation.
16 Nov, 2016, 12.50 AM IST
Soiled notes meant for RBI find their way back to aam aadmi via some banksAs currency shortage deepens across the country, some banks have resorted to a desperate move wherein they are re-circulating soiled notes ...
14 Nov, 2016, 03.52 PM IST
Railways repair delays put lives at risk: CAGCAG slammed railways for the delay in sanctioning and completing repair work in old bridges, saying it "posed a threat to human lives."
09 Dec, 2015, 12.35 PM IST
CAG pulls up railways over receipt of fake currency notesPulling up the Railways for receiving fake currency notes of the face value of Rs 92.33 lakh during the last five years, the Comptroller an...
08 Dec, 2015, 10.05 PM IST
Counterfeiters lapping up Rs 100, 1,000 bills: RBIDetection of Rs 100 denomination fake notes increased by 10,000 pieces during the fiscal to 1.18 lakh pieces, the RBI said in its recently ...
31 Aug, 2014, 01.45 PM IST
Banks to continue accepting scribbled notes, says RBIBanks will continue to accept currency notes with scribbling, RBI said, dismissing rumours that it has stopped banks from accepting such no...
31 Dec, 2013, 08.40 PM IST
- Concern in Lok Sabha over ATMs dispensing fake notes
Concern was expressed over growing instances of counterfeit notes being dispensed by ATMs, with a member demanding that those running these...
04 Dec, 2012, 03.01 PM IST
RBI to review banks' mechanism to detect fake notes next monthRBI said it will review the status of implementation of instructions for authentication of notes by banks in the first week of Nov.
30 Oct, 2012, 04.36 PM IST
- RBI tells banks to stop re-circulation of soiled notes
Soiled notes may soon be a thing of past as the Reserve Bank has asked all bank branches handling large amounts of currency to put in place...
24 Feb, 2011, 07.55 PM IST
No more tears: RBI scraps staple diet for notesTHERE’S good news for bank customers, fed up with torn currency notes and bruised fingers as they struggled to unstaple bill bundles. The R...
14 Nov, 2001, 11.44 PM IST