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RBI Governor Urjit Patel. (Photo: PTI)

Urjit Patel denies demonetisation was haste decision

RBI today said promising to maintain steady supply of new currency to ease cash crunch.

7 Dec 2016 5:14 PM IST

RBI Governor Urjit Patel. (Photo: PTI)

Modi's note ban move may force RBI to cut rates by 50 bps today

A cut would also come at a time when emerging markets are under pressure.

7 Dec 2016 10:48 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Analysts warn RBI off going too far on rate cuts

Any signal of an aggressive easing bias may raise concerns about commitment to inflation target.

6 Dec 2016 1:07 PM IST

Reserve Bank of India

Use notes freely, cash crunch to end soon, RBI assures public

RBI Deputy Governor SS Mundhra also said that the Bengaluru official held for converting black money had been suspended.

13 Dec 2016 6:35 PM IST

The number of higher denomination of new Rs 500 and Rs 2,000 notes stood at 1.7 billion.

Banks get Rs 12.44 lakh crore deposits till Dec 10

RBI says in volume terms, the number stood at 21.8 billion pieces of notes of various denominations.

13 Dec 2016 6:08 PM IST

Reserve Bank of India

RBI asks banks to preserve CCTV footage

Banks have been asked to preserve footage for the period from November 8 to December 30, 2016.

13 Dec 2016 5:48 PM IST

Customers wait in queue at HDFC Bank in Mumbai to deposit their money in Mumbai. (Photo: PTI)

To cull black cash, banks told to scan all deposits

I-T department doesn't currently have the infrastructure or manpower to launch such a massive operation.

12 Dec 2016 1:33 AM IST