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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI acts to control excess liquidity condition

Central bank introduces incremental CRR to manage excess liquidity in banks due to demonetisation.

26 Nov 2016 6:23 PM IST

The rupee had staged a smart rebound against the US dollar to end higher by 12 paise at 67.82 in yesterdays trade.

Note ban: 90 pc traders report sales decline

In the survey conducted, around 8000 citizens were requested to visit their local market, speak to traders and small...

26 Nov 2016 10:52 AM IST

Representational Image.

Unaccounted deposits to face 50 per cent tax

The money raised through this tax could be used for the development of infrastructure.

26 Nov 2016 9:59 AM IST

The Centre also stressed that no public sector banks had given any instructions to their officials to deposit Re 1 or 2 to avoid zero balance in Jan Dhan accounts. (Photo: Representational Image/PTI)

Deposits in Jan Dhan accounts rise to Rs 64,250 crore; UP leads chart

Uttar Pradesh has the highest number of account holders to the tune of 3.79 crore and therefore highest deposits of Rs...

25 Nov 2016 8:23 PM IST

Delhi Chief Minister Arvind Kejriwal and his West Bengal counterpart Mamata Banerjee. (Photo: PTI)

Complaint against Delhi, WB CMs for note ban protest

The complainant claimed that the protest has created law and order problems across the country.

25 Nov 2016 6:02 PM IST

Prime Minister Narendra Modi and Finance Minister Arun Jaitley in the Rajya Sabha in New Delhi on Thursday. (Photo: PTI)

Oppn to continue blocking RS until Modi attends

A united Opposition had on Thursday forced abandonment of Parliament proceedings for the 6th straight day.

25 Nov 2016 10:46 AM IST

Prime Minister Narendra Modi

Those opposing note ban unhappy with lack of time: PM

Pushing for digitisation, Modi said that everyone has right to use their money, but today the country must move towards...

25 Nov 2016 9:36 AM IST

Govt had allowed Rs 1,000, Rs 500 notes for certain utility services till November 24. (Representational image)

Only old Rs 500 notes allowed for transactions in exempted categories:...

There will be no over-the-counter exchange of old notes after midnight tonight, while Rs 1000 notes will not be accepted...

24 Nov 2016 8:58 PM IST

Employees of Finance Ministry stand in a long queue to withdraw cash from an ATM at North Block in New Delhi on Tuesday. (Photo: PTI)

No cap on cash withdrawal likely by February-end

RBI recently raised ATM withdrawal limit to Rs 10,000 a day with a weekly cap of Rs 24,000.

26 Jan 2017 11:12 AM IST

Money laundering by the medium of gold purchase/sell has seen a huge boost post demonetisation. (Photo: PTI/Representational)

Large gold jewellery retailer chains gain on note ban

World Gold Council says demonetisation will boost larger jewellery retailers' market share from 30 per cent in 2015.

24 Jan 2017 12:36 PM IST

International Monetary Fund Managing Director Christine Lagarde.(Photo:AP)

Note ban to have limited impact on Nepal: IMF

A IMF team, led by Geert Almekinders, visited Nepal from January 11-23, to hold discussions.

24 Jan 2017 10:42 AM IST

Union Finance Minister, Arun Jaitley (Photo: PTI)

Note ban, GST delay to influence Budget calculations

For Jaitley, it would be quite challenging to forecast next year's revenues due to 'abrupt' recall of notes.

23 Jan 2017 1:09 PM IST