Cash withdrawal from ATMs - Enhancement of daily limits (Rs.2500 to Rs.4500) RBI/2016-17/204 DCM (Plg) No. 2142/10.27.00/2016-17 December 30, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks District central Cooperative … [Read more...] about Cash withdrawal from ATMs – Enhancement of daily limits (Rs.2500 to Rs.4500)
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Government, RBI taking steps to lower digital transaction cost: FM
Government, RBI taking steps to lower digital transaction cost: FM Finance Minister Arun Jaitley today said the government and the Reserve Bank are taking measures to bring down the digital transaction cost with an aim to move towards a less-cash economy. Chairing the 5th Meeting of the Consultative Committee attached to his ministry, Jaitley said digital transactions are … [Read more...] about Government, RBI taking steps to lower digital transaction cost: FM
High Court asks RBI to consider issue of salary payment to teachers
Mumbai: The Bombay High Court today asked the RBI to consider the issue of payment of salaries to aided school teachers since it is disbursed through district cooperative banks which have been prohibited from depositing and exchanging old currency notes. The Mumbai, Solapur, Nashik and Pune District Central Cooperative Banks had approached the high court challenging the RBI … [Read more...] about High Court asks RBI to consider issue of salary payment to teachers
Relaxation on withdrawal of cash from bank deposit accounts – RBI Instructions on 28.11.2016
Relaxation on withdrawal of cash from bank deposit accounts - RBI Instructions on 28.11.2016 Withdrawal of cash from bank deposit accounts - Relaxation RBI/2016-17/163 DCM.No.1437/10.27.00/2016-17 November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban … [Read more...] about Relaxation on withdrawal of cash from bank deposit accounts – RBI Instructions on 28.11.2016
Withdrawal of Legal Tender Character of existing Rs.500/- and Rs.1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration of wedding
Withdrawal of Legal Tender Character of existing Rs.500/- and Rs.1000/- Specified Bank Notes (SBNs) - Cash withdrawal for purpose of celebration of wedding RBI/2016-17/145 DCM (Plg) No.1320/10.27.00/2016-17 November 21, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks Regional … [Read more...] about Withdrawal of Legal Tender Character of existing Rs.500/- and Rs.1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration of wedding
RBI issues Rs.2000 notes in a new series
Now your bank notes in a new design RBI issues Rs.2000 notes in a new series The Reserve Bank of India is introducing new design banknotes in the denomination of Rs.2000 as part of Mahatma Gandhi (New) Series. The new denomination has motif of the Mangalayan on the reverse, depicting the country’s first venture in interplanetary space. The base colour of the notes … [Read more...] about RBI issues Rs.2000 notes in a new series
RBI issues Rs.500 notes in a new series
RBI issues Rs.500 notes in a new series Now your bank notes in a new design The new Rs.500 notes are different form the present series in colour, size, theme, location of security features and design elements. The size of the new notes is 63mm x 150mm. The color of the notes is stone grey and the predominant new theme is Indian site - Red Fort. … [Read more...] about RBI issues Rs.500 notes in a new series
Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI
Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI Government of India Ministry of Finance Department of Economic Affairs Press Release With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities … [Read more...] about Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI
Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight
Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight In a historical move that will add record strength in the fight against corruption, black money, money laundering, terrorism and financing of terrorists as well as counterfeit notes, the Government of India has … [Read more...] about Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight
Government decides to issue Sovereign Gold Bonds Scheme 2016 -17–Series III; Applications for the bond to be accepted from October 24, 2016 to November 02, 2016 and the Bonds will be issued on November 17, 2016.
Government decides to issue Sovereign Gold Bonds Scheme 2016 -17 Series III; Applications for the bond to be accepted from October 24, 2016 to November 02, 2016 and the Bonds will be issued on November 17, 2016. Government of India, in consultation with the Reserve Bank of India (RBI), has decided to issue Sovereign Gold Bonds 2016-17 Series III. Applications for the bonds … [Read more...] about Government decides to issue Sovereign Gold Bonds Scheme 2016 -17–Series III; Applications for the bond to be accepted from October 24, 2016 to November 02, 2016 and the Bonds will be issued on November 17, 2016.
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