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The bag contained Rs 500 and Rs 1000 currency notes, which were demonetised by the government earlier this month.

Note ban anniversary on Nov 8: RBI says still verifying banned notes

The RBI said it has processed about 1,134 crore pieces of Rs 500 notes and 524.90 crore pieces of Rs 1,000 notes.

29 Oct 2017 10:17 AM

UIDAI on Sunday asserted that Aadhaar system has stringent security features to prevent any unauthorised capture or transmission of data. Photo: PTI

RTI reveals RBI never issued any order on linking bank a/c with...

In a notification dated June 1, 2017, the government mandated the linking of bank accounts with Aadhaar by December 31.

20 Oct 2017 10:10 AM

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

MPC minutes suggest RBI to tread cautious path; slim chances of rate...

The report expects retail inflation to be around 3.3 per cent in this fiscal but that directionally it will be trending...

20 Oct 2017 8:31 AM

The RBI on Thursday said banks will provide funds to women SHGs in rural areas at 7 per cent under the DAY-NRLM in the current fiscal. (Photo: PTI/Representational)

Banks to provide funds at 7 per cent to women SHGs under DAY-NRLM

The central bank issued the revised guidelines on interest subvention scheme under DAY-NRLM.

19 Oct 2017 4:29 AM

Reserve Bank Governor Urjit Patel

Inflation, fiscal uncertainty led to rate status quo: RBI Governor

RBI Governor Urijt Patel emphasised the need for keeping headline inflation close to 4 per cent on a durable basis.

18 Oct 2017 3:15 PM

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI worried rise in consumer prices could threaten inflation target

The RBI's six-member monetary policy committee voted 5-1 to keep the repo rate unchanged at the on October 4 meeting.

18 Oct 2017 1:06 PM

The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)

Immediately pay interest on gold under GMS: RBI to banks

Gold can be deposited under the GMS with a designated bank in the account of the Central government.

17 Oct 2017 3:01 PM

This is how the new Rs 200 note will look. Photo:Twitter| @ANI

Wait till December to get Rs 200 notes in ATMs

To dispense the Rs 200 notes, the ATM machines require recalibration them, which entails re-configuring the cassette.

17 Oct 2017 11:22 AM

Old Rs 500 notes were banned along with Rs 1,000 curreny notes on November 8 last year. (Photo: PTI/FIle)

RBI using 66 counting machines to tally Rs 500, Rs 1,000 demonetised...

In Reserve Bank offices, 59 CVPS machines are used and each machine is operated by a set of five persons under a...

16 Oct 2017 11:49 AM

The newly-issued Rs 2000 notes. (Photo: PTI)

RBI refuses to share details of Swachh Bharat logo on Rs 500, Rs 2,000...

The RTI query was filed with the Department of Economic Affairs -- that deals with the policy formulation in respect of...

15 Oct 2017 12:19 PM

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI likely to cut rate in December post September's steady inflation:...

As per Consumer Price Index (CPI) data, retail inflation came in at 3.28 per cent in September.

15 Oct 2017 10:58 AM

Defence Minister Arun Jaitley (Photo: PTI)

Never talked about fiscal stimulus: Jaitley

The Finance Minister said that gradually India has been moving on a glide path, which will continue.

15 Oct 2017 6:02 AM