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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI curbs on Jan Dhan accounts

Withdrawals capped at Rs 10,000; managers can waive limit.

1 Dec 2016 2:53 AM IST

Banks to take Rs 40 lakh in coins, allot man an hour per day

Banks to take Rs 40 lakh in coins, allot man an hour per day

The SBI (Aishbagh branch) and the Allahabad Bank (Hussainganj branch) had earlier refused to accept the amount in coins.

10 Dec 2016 2:16 AM IST

DNA obtained from ATM keypads may provide a record of both human behaviour and environmental sources of microbes. (Photo: AP)

Almost 85 per cent ATMs Fixed

Centre says 1,79,614 ATMs have been recalibrated for the new notes.

10 Dec 2016 1:36 AM IST

RBI governor Urjit Patel (Photo: PTI)

Issued Rs 4.27 lakh crore notes post notes ban: RBI

The RBI has also made arrangements for supply of adequate quantity of banknotes in various denominations to the public...

9 Dec 2016 10:13 AM IST

The newly-issued Rs 500 notes.

Costly shot at stash

After 30 days of cash shortage, we try to look at how far India has succeeded in flushing out black money from the...

9 Dec 2016 3:00 AM IST

Reserve bank of India

RBI may go for a 25-50 bps easing in 2017

On December 7, RBI kept interest rate unchanged despite calls for lowering it .

8 Dec 2016 3:03 PM IST

Prime Minister Narendra Modi with Home Minister Rajnath Singh and Senior leader L.K. Advani during BJP parliamentary party meeting in New Delhi. (Photo: PTI)

Modi has misread the response to note ban

Other economists have predicted in a fall in the growth momentum, whose effect will be difficult to work out now.

8 Dec 2016 6:35 AM IST

The new notes seized by income tax officials. (Photo: ANI/Twitter)

Income tax department seizes Rs 80 lakh in new notes from caterer

The caterer allegedly took help of business acquaintances' employees to exchange allegedly unaccounted old notes...

8 Dec 2016 7:16 AM IST

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

Enforcement Directorate scans 50 banks for illegal' cash dealings

According to sources, several teams of ED swooped early morning at over 50 branches of at least 10 banks.

8 Dec 2016 1:39 AM IST

RBI governor Urjit Patel (Photo: PTI)

Cautious approach by RBI may be justified

RBI also defended its action, which it said was taken after much deliberations, where the impact was reviewed and steps...

8 Dec 2016 3:32 AM IST

The BSE banking index was down 1.91 per cent to 26,672.93, while the realty index was quoting lower by 1.34 per cent to 1,262.29.

Sensex dips 228 pts after policy remain unchanged

The Sensex, which gained over 148 points in the early trade, fell by 227.94 points, or 0.86 per cent, to 26,164.82.

7 Dec 2016 3:28 PM IST

RBI governor Urjit Patel. (Photo: PTI)

RBI keeps repo rate unchanged, lowers GDP growth estimate

The central bank's move has surprised markets and industry as both were hoping for a rate cut.

7 Dec 2016 2:36 PM IST