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The newly-issued Rs 500 notes.

Can govt act now to ease the pain?

The PM has added insult to injury by saying he has the people's support over this.

27 Dec 2016 2:19 AM IST

The bag contained Rs 500 and Rs 1000 currency notes, which were demonetised by the government earlier this month.

Govt plans heavy fine on possession of demonetised notes

The penal provisions, which are yet to be finalised, will involve a fine of a minimum Rs 50,000 or 5 times the amount in...

26 Dec 2016 7:59 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Lower lending rates to cushion demonetisation

Banks have started lowering their lending rates as demonetisation has led to a surge in deposits.

2 Jan 2017 3:38 PM IST

Reserve Bank fo India

Can't give info if FM, CEA consulted before notes ban: RBI

The query was also sent to the PMO and Finance Ministry but it remained unanswered even after 30 days of filing RTI.

1 Jan 2017 3:33 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.

Note-ban: NRIs can exchange notes until June 30, says RBI

While there is no monetary limit for exchange for eligible resident Indians, the limit for NRIs will be as per relevant...

1 Jan 2017 10:38 AM IST

Demonetisation will increase tax base & tax revenue in the long run'

I expect the economic slowdown to continue till the first half of fiscal 2017-18, says Sher Mehta.

1 Jan 2017 1:57 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

B P Kanungo appointed deputy governor of RBI

Kanungo was in March last year appointed as Executive Director in central bank.

11 March 2017 6:07 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI launches app for android, iOS platforms

Application can be downloaded from Play Store/App Store, using keyword 'Reserve Bank of India'.

11 March 2017 1:09 PM IST

Finance Minister Arun Jaitley and RBI Governor Urjit Patel during the customary post- budget meeting in New Delhi on Saturday. (Photo: PTI)

Arun Jaitley, Urjit Patel hold talks on how to end NPAs

Setting up of a bad bank to hold such loans seemed not on top of alternatives of policy makers.

11 March 2017 12:45 PM IST

RBI Governor Urjit Patel (Photo: PTI)

RBI says note-ban impact on GDP was over

Central bank says precise estimate of currency that returned to banking system is not yet available.

11 March 2017 11:29 AM IST

Union Finance Minister and senior BJP leader Arun Jaitley addressing a press conference at the party office in Lucknow on Tuesday. (Photo: PTI)

12 lakh new notes infused in market: Arun Jaitley

Finance Minister says cost of currency note is function of direct and indirect material and labour cost.

10 March 2017 2:06 PM 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.

RBI may go for 25 bps rate cut in August: report

According to the global brokerage firm lending rate cuts are the key indicator for recovery.

10 April 2017 12:43 PM IST