View: New window to exchange old notes a welcome suggestionThe government should respond positively to the suggestion. Indian residents had a 50-day window up to December 30 last year to deposit the...
05 Jul, 2017, 11.50 AM IST
Supreme Court rejects bank's plea for exchange of Rs 371 cr scrapped currencyA bench headed by Chief Justice J S Khehar dismissed the plea of the bank which said that barring of the exchange before March 31 will lead...
27 Mar, 2017, 09.57 PM IST
Sitaram Yechury wants data on amount of old currency depositedTaking to Twitter, Sitaram Yechury asked whether the Modi government is "that incompetent" that it is yet to come out with the numbers.
25 Mar, 2017, 12.11 PM IST
J Shekar Reddy, associates remanded in judicial custody till January 17Judge Venkatasamy of the 11th CBI court dealing with bank fraud cases sent all of them to judicial custody in the fresh case filed by the i...
03 Jan, 2017, 05.50 PM IST
Kolkata businessman arrested for converting Rs 25 crore old currencyThe ED raided multiple locations in Delhi, Mumbai, Kolkata, Hyderabad, Bengaluru, Ahmedabad, Chennai among others based on intelligence gat...
22 Dec, 2016, 11.25 AM IST
Want to deposit over Rs 5000? Be ready for the battle"The attitude of the bank staff reminded me of my school days when my teacher would send me back to rewrite an answer until she was satisfi...
22 Dec, 2016, 12.15 AM IST
Jan Dhan deposits fall post Rs 75,000 crore peakAccording to the latest data inflows slowed down substantially after that and over the next two weeks, deposits rose less slowly to Rs 74,6...
22 Dec, 2016, 12.01 AM IST
Substantial amount of old currency deposited: Centre to SCAttorney General Mukul Rohatgi said the number of recalibrated ATMs are increasing day by day and government is monitoring the grant given ...
01 Dec, 2016, 10.31 PM IST
Demonetisation: Retailers at popular shopping hubs still accepting old currencyThe lack of supply of new notes coupled with the desire of buyers to hold on to their kitty of new notes resulted in retailers' sales falli...
01 Dec, 2016, 06.57 AM IST
RBI allows banks to park old currency at district chestsThe facility will also be available at post offices if they are maintaining current account with the chest branch managing CGV.
27 Nov, 2016, 09.10 PM IST
Demonetisation: Banks will exchange notes only for own customers tomorrow; senior citizens exemptedBanks have been seeing huge queues since Modi's ban on Rs 500 and Rs 1,000. So far customers were allowed to exchange notes in any of the b...
18 Nov, 2016, 09.09 PM IST
Demonetisation: Updated rules on withdrawal and exchange of currencyFollowing the demonetisation announcement, this is where we stand today, when it comes to norms around exchange of old currency and withdra...
18 Nov, 2016, 05.36 PM IST
Kerala HC moved for allowing cooperative banks to exchange Rs 500, Rs 1000The petitioner bank contended that they should be allowed to do the process as they were also functioning under the provisions of Banking R...
14 Nov, 2016, 09.41 PM IST
Exchange or deposit of old currency not allowed at Cooperative Banks: RBIThe government on November 12 had said that it was looking into sudden 'popping up' of money into zero-balance Jan Dhan accounts.
14 Nov, 2016, 02.39 PM IST
Hoarders hire money mules to exchange old currency notes on the slyWhile banks are bracing for deluge of deposits and demand to open new accounts, experts see a looming possibility of black money hoarders e...
10 Nov, 2016, 07.30 PM IST
ATMs remain shut as banks replace old currency notesLast night, after the government's announcement of withdrawal of Rs 500 and Rs 1,000 notes, people rushed to ATMs to withdraw lower denomin...
09 Nov, 2016, 11.50 AM IST
ASI steps to restore 200-year-old Currency building in DalhousieIn 2003, ASI had taken charge of building but got its possession only in 2005 when they started the repairing and reconstruction of its dem...
20 Feb, 2015, 10.23 AM IST