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Tags RBI

Tag: RBI

Cash transaction limit proposed to be lowered to Rs. two lakh

Gujarat Global News Network, New Delhi The government today proposed to lower the cash transaction limit to Rs 2 lakh, from Rs 3 lakh announced...

SC asks why no separate category for those who could not...

Gujarat Global News Network, New Delhi Supreme Court on Tuesday asked the Union government and the Reserve Bank of India (RBI) why a separate category was...

SC to centre : Why not allow deposits of scrapped notes...

Gujarat Global News Network, New Delhi The Supreme Court has sought a reply from the government and the Reserve Bank of India as to why...

FIPB to be phased out

Gujarat Global News Network, Ahmedabad While presenting the General Budget 2017-18 in Lok Sabha today, the Union Finance Minister Arun Jaitley proposed that the Foreign Investment...

RBI to print more Rs.500 notes

Gujarat Global News Network, New Delhi The Reserve Bank of India (RBI) will now print more Rs 500 notes which would ease the liquidity situation over the...

RBI gets 12.44 trillion old notes

Gujarat Global News Network, Mumbai Banks across the country have collected Rs 12.44 trillion (Rs 12.44 lakh crore) in banned notes till December 10, Reserve...

Dec. 30 is final date for depositing old notes

Gujarat Global News Network, New Delhi The government is not planning to grant any extension to the December 30 deadline for depositing invalid notes. Minister...

Old notes to continue till Dec.15

Gujarat Global News Network, New Delhi In yet another move the government today extended the limit of use of old currency notes for exempted categories...

Demonetisation : Banks get Rs. 5,11,565 crore deposits

Gujarat Global News Network, New Delhi People all over the country have exchanged and deposited currency notes worth Rs.5,44,571 crore during last nine days. According...

Indelible ink to check illegal exchange of notes

Gujarat Global News Network, New Delhi The government on Tuesday declared that banks will use indelible ink marks to prevent people from making multiple cash...