Decision was being considered as central bank has received querries on certain notes that were not deposited on last day.
26 Jan 2017 5:17 PM
No change has been made to the weekly withdrawal limit of Rs 24,000 through cheques.
16 Jan 2017 5:30 PM
MDR is a charge levied on merchants by banks for accepting payments through credit and debit cards.
12 Jan 2017 5:51 PM
Bank said that rate for 1-year tenure has been reduced by 0.60 per cent to 8.8 per cent.
05 Jan 2017 11:38 AM
RBI issued circular to banks asking them to supply atleast 40 per cent of the bank notes.
03 Jan 2017 2:39 PM
Banks have started lowering their lending rates as demonetisation has led to a surge in deposits.
02 Jan 2017 3:38 PM
Bankers are wary about accepting these deposits, fearing that they could be harassed by tax authorities later for justification.
21 Dec 2016 10:39 AM
The RBI on Monday said that scrapped notes above Rs 5,000 can be deposited only once per account till December 30.
20 Dec 2016 8:35 AM
RBI warns banks/public against misinformation on social media.
01 Dec 2016 6:17 PM
People were seen waiting anxiously outside ATMs since wee hours to get hold of required amounts.
01 Dec 2016 5:02 PM
One of the major reasons for the cash crunch was that not enough new notes of Rs 500 have been issued by RBI so far.
01 Dec 2016 9:46 AM
The higher CRR is applicable on incremental deposits raised between September 16 and November 11, 2016.
30 Nov 2016 7:40 PM
The image shows two separate lines one in front of an ATM and another in front of a liquor store.
20 Nov 2016 3:26 PM
Banks yet to receive operational guidelines from the RBI, even though the Centre announced the relaxation earlier this week.
19 Nov 2016 7:55 PM
However, many people say they are with the government on the demonetisation move.
18 Nov 2016 2:55 PM
The finance ministry also said banks may plan and support the officers and employees working in late hours.
15 Nov 2016 8:22 PM
Scuffle and heated exchanges were reported from ATMs and banks from many parts of the country.
14 Nov 2016 11:13 AM
Due to the huge surge of customers, the SBT branch at Kollam downed its shutters, as around 200 persons were inside.
12 Nov 2016 4:54 PM
Jaitley also hit back at political parties who criticised the govt’s move, accusing them of making ‘irresponsible’ statements.
12 Nov 2016 4:42 PM