RBI

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Payday cash crunch: Banks to have more counters, ask companies to issue prepaid cash cards

It's November 30, and salaries, pensions and other payouts have to be credited for millions of people across India.

Nov 30, 2016

Fitch slashes India's December quarter outlook

Fitch has forecast GDP growth down to 6.9 percent for next month due to impact of demonetisation.

Nov 29, 2016

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Indian bonds, bank shares fall as RBI temporarily hikes cash reserve ratio

The move is estimated to drain over Rs 3.24 trillion ($47.29 billion) from the banks.

Nov 28, 2016

The third gender includes eunuchs and transgenders

From railways to insurance, the third gender is now official in India

The third gender is now recognised as a part of Indian society across most areas officially on application forms. The Indian railways is the latest to add this option to their reservation forms.

Nov 28, 2016

Evening wrap: J&K terror attack, Baywatch motion teaser, ISIS attack in France foiled, and more

Read about places where you can still exchange old Rs 500 and Rs 1,000 currency notes, and new UFO spotting.

Nov 25, 2016

Now, NITI Aayog fast-tracks initiative to make all govt monetary benefits available online

The government has set up a committee under the NITI Aayog chief to convert all "government-citizen transactions to the digital platform."

Nov 25, 2016

ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra demonetisation cash withdrawn sbi pnb canara bank atm cash counters banks queue rush cash mad

Demonetisation: Government panel to issue instructions to ease hardship in Nepal & Bhutan

According to Nepal's central bank, nearly Indian Rs 500 and Rs 1,000 notes worth Rs 33.6 million are in the banking channels.

Nov 23, 2016

rbi head office reserve bank of india notes currency denomination 2000 1000 500 100 mysuru

Fake Rs 10 coins: RBI denies rumours, calls them 'legal tender'

RBI clarifies that coins were issued in June with minor changes, and both old and new coins continue to be legal.

Nov 22, 2016

All you need to know about RBI guidelines to claim withdrawals of Rs 2.5 lakh for marriage expenses

The RBI is encouraging citizens to use electronic payments and bank transfers to carry out their expenses.

Nov 22, 2016

ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra atm cash counters banks queue rush cash mad

Cooperative banks severely hit due to demonetisation

With restriction on deposits and replacement of old currencies, banking operations at rural cooperative banks have come to a grinding halt.

Nov 19, 2016

bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

RBI issues updates to FAQs on Rs 500, Rs 1,000 notes

The latest set of updates have been issued by the RBI on Friday (November 18) in the context of demonetisation.

Nov 18, 2016

Now, fake Rs 2,000 notes surface in Telangana; 2 youths booked

The incident comes merely days after a case was registered in Karnataka against an individual for circulating a colour photocopy of the new note.

Nov 14, 2016

India: After effects of demonetisation of high value currency notes

ATMs to start dispensing new Rs 2,000 notes today or tomorrow, says Economic Affairs Secretary

The withdrawal limit has been increased to Rs 2,500 in ATMs that have been recalibrated to dispense new Rs 2,000 and Rs 500 notes.

Nov 14, 2016

Here are 19 features of the new Rs 500 currency notes the RBI has released

The notes have started reaching banks, from where it can be obtained either by currency exchange or by withdrawal.

Nov 14, 2016

Rs 500 and Rs 1,000 notes scrapped: RBI urges people to use 'alternative modes of payment,' but it's not so easy

The common man has had a tough time, because Rs 500 and Rs 1,000 currency notes form a huge chunk of the liquid cash in the market.

Nov 13, 2016

Rs 500 and Rs 1,000 notes scrapped: With ATMs not functioning, RBI urges people to be patient

The ATMs were expected to open after two days on Friday.

Nov 11, 2016

India: After effects of demonetisation of high value currency notes

Hundreds of Indian banks reopened on 10 November and are finding it difficult to tackle the huge crowd that has queued up to exchange the defunct currency notes. The banks and ATMs were shut for a day to stock up the new currency denominations after Prime Minister Narendra Modi’s government withdrew the 500 and 1,000 rupee bank notes earlier this week.

Nov 10, 2016

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RBI

Payday cash crunch: Banks to have more counters, ask companies to issue prepaid cash cards

Fitch slashes India's December quarter outlook

Indian bonds, bank shares fall as RBI temporarily hikes cash reserve ratio

From railways to insurance, the third gender is now official in India

Evening wrap: J&K terror attack, Baywatch motion teaser, ISIS attack in France foiled, and more

Now, NITI Aayog fast-tracks initiative to make all govt monetary benefits available online

Demonetisation: Government panel to issue instructions to ease hardship in Nepal & Bhutan

Fake Rs 10 coins: RBI denies rumours, calls them 'legal tender'

All you need to know about RBI guidelines to claim withdrawals of Rs 2.5 lakh for marriage expenses

Cooperative banks severely hit due to demonetisation

RBI issues updates to FAQs on Rs 500, Rs 1,000 notes

Now, fake Rs 2,000 notes surface in Telangana; 2 youths booked

ATMs to start dispensing new Rs 2,000 notes today or tomorrow, says Economic Affairs Secretary

Here are 19 features of the new Rs 500 currency notes the RBI has released

Rs 500 and Rs 1,000 notes scrapped: RBI urges people to use 'alternative modes of payment,' but it's not so easy

Rs 500 and Rs 1,000 notes scrapped: With ATMs not functioning, RBI urges people to be patient

India: After effects of demonetisation of high value currency notes

Rs 500 and Rs 1,000 notes scrapped: Restless people queue up in droves as banks open

'New Rs 2,000 note to come with nano GPS tracker' goes viral on WhatsApp; RBI clears the air

Rs 500 and Rs 1,000 notes scrapped: Banks open today, will work through the weekend

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious