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Reserve Bank of India

Rattled RBI recalls curbs on Rs 5,000 plus cash deposits

The earlier circular had said people can bank more than Rs 5,000 in old notes only once till December 30.

22 Dec 2016 12:48 AM IST

Reserve Bank fo India

RBI issues 2.2b new notes since demonetisation

20.4 billion pieces belonged to small denominations while 2.2 billion belonged to higher denominations.

21 Dec 2016 5:42 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

'Reverse bank of India' altered norms 126 times in 43 days: Cong mocks...

The jibe from the opposition came in response to RBI's partial reversal of its Rs 5000 deposit restriction.

21 Dec 2016 3:37 PM IST

Reserve Bank of India

Staff to declare assets after new rules out: Centre

The public servants were also directed to declare their annual return of assets and liabilities as on March 31, 2015.

21 Dec 2016 3:33 AM IST

RBI Governor Urjit Patel

Urjit Patel earns Rs 2 lakhs a month, has no support staff

Patel, who took over as RBI Governor in September only has two cars and two drivers.

4 Dec 2016 2:17 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.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

Government today said the RBI monitors currency requirement on a regular basis and accordingly places order for...

2 Dec 2016 3:44 PM IST

RBI to go for rate cut in next weeks meeting

RBI to go for rate cut in next week's meeting

The Monetary Policy Committee headed by Urjit Patel had cut benchmark interest rates to 6.25 per cent.

2 Dec 2016 1:23 PM IST

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

Cash crunch will ease in 2-3 weeks, govt tells Supreme Court

It was found that fake currency notes of Rs 500 and Rs 1,000 to the tune of over Rs 400 crores were largely in...

2 Dec 2016 1:33 AM IST

Old Rs 500 and Rs 1000 notes placed in an order that reads BAN in New Delhi. (Photo: PTI)

Note ban: Legality is questionable

The law permitted withdrawal of a series of banknotes and not the scrapping of an entire denomination.

2 Dec 2016 12:18 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Check RBI website for updates on note ban

RBI warns banks/public against misinformation on social media.

1 Dec 2016 6:17 PM IST

Old Rs 500 and Rs 1000 notes placed in an order that reads BAN in New Delhi. (Photo: PTI)

How Hasmukh Adhia-led team of 5 secretly plotted note ban

When announced, the abolition of the Rs 500 and Rs 1,000 currency notes came as a bolt from the blue.

10 Dec 2016 1:38 AM IST

RBI governor Urjit Patel (Photo: PTI)

RBI trims GDP forecast, talks of note ban risks'

Key rate unchanged; CRR cut may lower EMIs.

8 Dec 2016 1:58 AM IST