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State Bank chairperson Arundhati Bhattacharya

SBI chief says cash crunch to ease by Feb-end

Arundhati Bhattacharya said that SBI is ensuring that account holders are not made to stand in queue.

10 Jan 2017 1:45 PM IST

S&P corporates and banks are likely to face short-term downside risk as the demonetisation-induced cash crunch will curtail GDP growth.

I-T dept detects Rs 3-4 lakh crore unaccounted money

Tax watchdog says Rs 25,000 crore worth of cash was deposited in dormant bank accounts since demonetisation.

10 Jan 2017 12:20 PM IST

Home Minister Rajnath Singh addresses during a function to honour the families of martyrs of security forces at Kathua, Jammu. (Photo: PTI)

Note ban a blow to Maoists, insurgents, terrorists: Rajnath Singh

We are getting support from the common people on demonetisation because the decision was taken in the interest of the...

9 Jan 2017 7:32 PM IST

As many as 1,328 cases (Rs 6 crore) related to ATM/Debit Cards, and 18 cases (Rs 1 crore) involving internet banking were reported during the period.

Do not know how to use debit, credit cards, says minister

Kandasamy said that a majority of people in villages in Puducherry do not know how to use the cards as most hamlets do...

9 Jan 2017 6:30 PM IST

Bihar Chief Minister Nitish Kumar (Photo: PTI)

Will review demonetisation outcome on Jan 23: Nitish Kumar

Nitish Kumar was one of the few national leaders who backed Modi's demonetisation move against black money in the...

9 Jan 2017 5:19 PM IST

West Bengal Chief Minister Mamata Banerjee. (Photo: PTI)

Mamata urges President to save people from note ban hardship

Asking the common people to rise in protest, Banerjee said that there will be some hardship, but someone has to bell the...

9 Jan 2017 5:09 PM IST

Finance Minister Arun Jaitley

Higher tax mop up reflects there is no slowdown: Jaitley

December that witnessed currency crunch following ban on high value notes saw excise collections grow at 31.6 per cent.

9 Jan 2017 5:05 PM IST

Former Prime Minister Manmohan Singh. (Photo: ANI Twitter)

Singh says note ban will affect GDP adversely

Former PM referred to recent projection by CSO that GDP in 2016-17 will slow down to 7.1 per cent.

9 Jan 2017 4:22 PM IST

TMC has intensified its protest against the Modi governments demonetisation drive after the arrest of party MPs Tapas Paul and Sudeep Bandopadhaya in the alleged Rose Valley chit fund scam. (Photo: Twitter/ANI)

TMC MPs staged demonstration in Delhi over demonetisation

TMC MPs raised slogans against Modi govt's demonetisation drive and arrest of party legislators in the alleged Rose...

9 Jan 2017 3:30 PM IST

Banks received 3 trillion rupees ($44.4 billion) of 500- and 1,000-rupee notes over the last four days.

MUDRA loan disbursals take a hit due to note ban

Jiji Mammen, CEO of MUDRA, is confident of reaching disbursal target of Rs 1.8 lakh crore for FY17.

7 Jan 2017 5:20 PM IST

India has been the worlds fastest growing major economy over the past two years.

'Despite note ban, India to grow faster than China'

RBI will need to borrow less after cash returns to banks, says Kishore Mahbubani of Lee Kuan Yew School of Public...

7 Jan 2017 2:55 PM IST

The entire racket was being run with an attempt to convert the black money in old notes into white. (Photo: PTI)

Why is deposit of old notes not allowed? SC notice to Govt, RBI

The RBI also issued a notification directing five of its branches to accept the defunct notes.

6 March 2017 3:17 PM IST