Delhi’s latest side hustle: People are getting paid to shop alongside strangers, carry bags, stand in queues and even unfold a chairDelhi's markets are seeing a rise in hourly "personal helpers" who assist shoppers with tasks like carrying bags and waiting in queues. Thi...
26 May, 2026, 04.32 PM IST
RBI rate cuts partly passed on to borrowers in FY26, lending rates fall but not fully: ReportRBI's repo rate cuts in FY26 were only partially passed on to borrowers, with lending rates declining but not matching the full policy redu...
05 May, 2026, 02.49 PM IST
Has RBI announced 'new rules' for exchanging old Rs 500 & Rs 1,000 currency notes?Social media claims about the Reserve Bank of India allowing exchange of old Rs 500 and Rs 1000 notes are false. The official website of th...
20 Apr, 2026, 10.47 AM IST
SC rejects petition challenging demonetisation, says decision-making is not flawedThe Supreme Court on Monday upheld the decision taken by the Narendra Modi government in 2016 to demonetise the currency notes of Rs 500 an...
03 Jan, 2023, 10.01 AM IST
Currency in circulation up 83% since demonetisation in 2016Demonetisation of the high value currency notes of Rs 500 and Rs 1,000 did not have any discernible impact on currency in circulation (CIC)...
02 Jan, 2023, 02.26 PM IST
Demonetisation a complex issue, RBI and Nepal Rashtra Bank in talks to resolve it: Foreign SecretaryOur Reserve Bank and their Nepal Rashtra Bank are having discussions on that. We must understand that it is a very complex issue, said FS V...
12 May, 2018, 04.43 PM IST
Bank credit demand inches up 5.5 per cent in first fortnight of FY18It can be noted that the credit growth in FY17 was the lowest since fiscal 1954 when it had inched up by a paltry 1.7 per cent, according t...
26 Apr, 2017, 10.40 PM IST
Why the assumption that RBI should've resisted cash ban is misplacedIt is inevitable that the Reserve Bank of India will face some flak. But it was not its job to have resisted demonetisation.
11 Jan, 2017, 06.47 PM IST
Note ban most disruptive policy innovation since 1991: SubbaraoHe further said demonetisation is "arguably" leading to a flurry of innovations in Indian financial sector by way of digitisation of paymen...
05 Jan, 2017, 03.24 PM IST
Here's how much RBI spends on printing a Rs 500 noteFor the Rs 2,000 denomination, RBI is to shell out Rs 3,540 for 1,000 pieces, the same rate as that for the demonetised Rs 1,000 note.
20 Dec, 2016, 07.18 PM IST
RBI Governor Urjit Patel to brief Parliament panel on demonetisation"Briefing by the Governor, RBI, on the subject 'Demonetisation of Indian currency notes of Rs 500 and Rs 1000 and the impact thereof."
18 Dec, 2016, 09.21 PM IST
Forex exchange facility for foreigners extended till Dec 31The previous deadline for this exemption was December 15. The central bank extended it to make their stay more comfortable amid centre's de...
16 Dec, 2016, 08.30 PM IST
RBI warns banks/public against misinformation on social mediaFollowing demonetisation of the old high value currency from November 9, people have been depositing the invalid notes in banks and also ex...
01 Dec, 2016, 06.06 PM IST
Ever wondered what happens to demonetised currency? Read to knowThis time most of the newly demonetised currency notes will reach the yards of Western India Plywood (WIPL) on the banks of Valapattanam ri...
30 Nov, 2016, 12.50 AM IST
Exchange of old Rs 500, Rs 1,000 notes still possible at RBI countersThe RBI has 19 exchange counters across India where they are exchanging old invalid notes since November 10, after Modi government's decisi...
25 Nov, 2016, 10.26 AM IST
Learn with ETMarkets: Impact of demonetisation on reserve money, money supplyCurrency in circulation comprises currency notes and coins with the public and cash in hand with banks. It is a major liability component o...
16 Nov, 2016, 09.03 AM IST
RBI urges patience even as ATMs run out of cashIn a press release on its website RBI said it has made arrangements to distribute currency all across the country but it may take a while f...
11 Nov, 2016, 03.13 PM IST