RBI to start printing new Rs 100 in April, current notes to be withdrawn gradually without disruption
The Reserve Bank of India will start printing new Rs 100 notes in April and the existing notes will be withdrawn from the market gradually…
RBI
No second chance for NRIs to deposit their currency: Sushma Swaraj
External Affairs Minister Sushma Swaraj has ruled out any new window of opportunity for NRIs or people of Indian-origin to deposit their high value Indian…
Govt to issue Rs 100 and Rs 5 coins to mark MGR birth centenary
The Central government will introduce Rs 100 coins to mark the birth centenary of MG Ramachandran, the late AIADMK founder and former chief minister of…
Note ban : I-T unearths Rs 246 crore deposit in benami account of ‘TN neta’
CHENNAI: Sleuths of the income tax department (Tamil Nadu and Puducherry region) have detected a bank deposit of Rs 246 crore, made in a single…
Black money crackdown:Narendra Modi government targets over 2 lakh companies, strikes them off register
The ministry of corporate affairs has struck off 2,09,032 companies, most of which believed to shell firms, from the Register of Companies and barred the…
RBI: HDFC Bank India’s third most critical financial body
Mumbai: The Reserve Bank of India (RBI) on Monday added HDFC Bank to the list of systemically important banks, or banks that are considered too…
Urjit Patel: An RBI governor who doesn’t talk but acts
Raghuram Rajan had taken over as governor of the central bank in the world’s fastest-growing major economy in the thick of the taper tantrum in…
Arun Jaitley says demonetisation not only about black money: RBI report
Union finance minister Arun Jaitley has defended last year’s demonetisation exercise, saying the decision to recall 500 and 1000-rupee notes was not only to curb…
Plan to make PAN card must for all gold transactions
NEW DELHI: A panel of financial regulators has proposed that PAN card requirement for gold transactions from jewellers be extended to all transactions, and not…
RBI to issue Rs 200 note on Friday
NEW DELHI: The new Rs 200 note will be issued on Friday, India’s central bank, the Reserve Bank of India (RBI) announced in a press…
Finance Ministry: RBI to issue Rs 200 currency notes
The Reserve Bank to issue Rs 200 notes The government on Wednesday gave its go-ahead to the Reserve Bank to issue Rs 200 notes that…
Banking on a new law for answers,NPA crisis
Over the next months, India’s newly-constituted bankruptcy courts will decide the fate of 12 companies that account for over a quarter of Rs 8 lakh…
BSE Sensex:Nifty, Sensex post losses as RBI falls short of 50 bps rate cut hopes
Mumbai: The market benchmark BSE Sensex shed 98 points on Wednesday to close at 32,476.74 points after the Reserve Bank of India (RBI) cut repo…
Urjit Patel likely to cut interest rate by 0.25%,RBI monetary policy review today
The 6-member Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel yesterday started two-day deliberations amid expectations of at least 0.25 percent cut in…
RBI launches new batch of 500 Rs notes
The Reserve Bank of India (RBI) on Tuesday said it is launching a new batch of Rs 500 notes. “In continuation of issuing of 500…