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Prime Minister Narendra Modi (Photo: PTI)

Age Exclusive: Jan Dhan accounts may get Rs 10,000

Depositing Rs 10,000 in zero balance Jan Dhan accounts is expected to cost the government nearly Rs 58,000 crore.

20 Nov 2016 5:31 AM IST

People standing in queues inside the Jammu & Kashmir Bank to deposit and exchange 500 and 1000 currency notes in Rajouri on Friday. (Photo: PTI)

Banks may allow cash withdrawal for marriage from next week

Banks yet to receive operational guidelines from the RBI, even though the Centre announced the relaxation earlier this...

19 Nov 2016 7:55 PM IST

People queue up outside an ATM to withdraw money at Shastri Bhavan in New Delhi. (Photo: PTI)

Note ban: Chaos at banks amid rule shifts, warnings

Sections in the government say that the exchange facility is being misused by some to exchange their black money.

19 Nov 2016 6:29 AM IST

Note ban may lead to farmer deaths

Note ban may lead to farmer deaths'

Activists criticise central govt over demonetisation, seek loans at low interest rates.

19 Nov 2016 6:56 AM IST

District Cooperative Banks have no mechanism to check fake currency: AP

RBI doubts some DCBs engaged in hawala deals

There was information that Pakistan had planned to infuse counterfeit currency in India.

19 Nov 2016 3:11 AM IST

RBI has advised banks to improve and maintain customer awareness and education with regard to cyber security risks.

29 lakh cards compromised, says Santosh Kumar Gangwar

According to the minister, the National Payment Corporation of India (NPCI) has said no independent investigation was...

18 March 2017 6:48 AM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Inflation to be below 5 per cent in FY17: Survey

Indian economy has continued to consolidate gains achieved in restoring macroeconomic stability.

31 Jan 2017 3:10 PM IST

People stand in long queuesoutside an ATM at a bank to withdraw cash after the ban on old high denomination notes. (Photo: PTI/File)

RBI lifts restrictions on withdrawals from ATMs, current accounts

The RBI however said that restrictions on savings bank accounts would continue for now.

30 Jan 2017 6:10 PM IST

The Election Commission has, in its wisdom, given the green signal to the presentation of the Budget with the caveat that it should not contain any proposals specifically intended for the five states going to the polls.

Increase withdrawal limits of candidates': EC writes to RBI again

The Election Commission's earlier request came four days ago, which was turned down by the RBI recently.

29 Jan 2017 5:57 PM IST

Former Union finance minister P. Chidambaram with former Indian cricketer Sunil Gavaskar during Tata Steel Kolkata Literary Meet on Saturday. (Photo: PTI)

Throughout note ban, RBI acted as PM's puppet: Chidambaram

The senior Congress leader said he would have resigned if demonetisation was implemented in his tenure as finance...

29 Jan 2017 5:02 AM IST

New model of banking allows mobile firms, supermarket chains and others to cater to banking requirements of individuals and small businesses.

India Post received payments bank licence

Payments banks can accept deposits up to Rs 1 lakh per account from individuals and small businesses.

28 Jan 2017 4:07 PM IST

On Friday, the Indian rupee closed at 68.47 to the dollar after hitting a record low of 68.86 in intra-day trade on Thursday.

RBI may reopen deposit window for old notes

Decision was being considered as central bank has received querries on certain notes that were not deposited on last...

26 Jan 2017 5:17 PM IST