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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Business

15 months after note ban, RBI still processing returned notes

RBI said Rs 15.28 lakh crore, or 99 per cent of the demonetised notes, had returned to the banking system.

12 Feb 2018 10:45 AM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

Business

Shares of SBI slump over 3 pc on weak third qtr earnings

Shares of company opened at Rs 288 and slumped 3.85 per cent to touch an intra-day low of Rs 285 on BSE.

12 Feb 2018 10:37 AM IST

The BSE Sensex on Wednesday soared to a life-time high of 33,117.33 and the NSE Nifty scaled a historic 10,340.55 mark in opening trade. (Photo: AP)

Business

Sensex recovers 260 points, Nifty above 10,500-mark

All the sectoral indices led by metal, realty and infrastructure were trading in the green with gains up to 1.44 per...

12 Feb 2018 10:10 AM IST

Company will soon bring a locally manufactured Renegade Thor at a price of Rs 4.9 lakh with a range of 71km (ex-showroom India).

Business

UM Renegade Thor launched at Auto Expo 2018

The motorcycle is powered by a 50kW battery that offers a range of 270KM and a charging time of 40 minutes.

12 Feb 2018 10:03 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Business

Rupee recovers 15 paise against dollar in early trade

Rupee is trading at 64.25 against dollar in opening trade on fresh selling of US currency by exporters and banks.

12 Feb 2018 9:42 AM IST

Homebuyers can create accounts on the MahaReRA website.

Business

Real estate gets back on recovery path

RERA appears to have increased buyers' confidence, but slowed supply.

12 Feb 2018 1:11 AM IST

With a recovery in private capex, Morgan Stanley expects Indias GDP growth to accelerate from 6.7 per cent in FY18 to 7.5 per cent in FY19 and further to 7.7 per cent in FY20.

Business

Experts predict RBI rate hike in 2018 last quarter

They say the rate spread between policy rate and government bond yield has risen to 150 basis point.

12 Feb 2018 1:10 AM IST

It is a tricky situation for investors to decide how they want to invest in a market that is at an all-time high. (Photo: Pixabay/Representational)

Business

Foreign investors face tough choice in India

Left with moving to Gujarat's GIFT or paying higher tax.

12 Feb 2018 1:10 AM IST

$The CBDT has asked the taxman to scrutinise cases where a taxpayer has filed a revised income tax return (ITR) post demonetisation and directed them to slap \higher tax rate\ in instances where black money is detected. (Photo: AFP/Representational)$ Business