New Delhi, Jan 16 (IBNS); Giving relief to people across the nation, the Reserve Bank of India on Monday increased the daily withdrawal limit from ATMs to Rs.10,000.
New Delhi, Jan 14 (IBNS): The Ministry of Finance on Saturday said the government respected the 'independence and autonomy' of the Reserve Bank of India.
New Delhi, Jan 5 (IBNS): The Reserve Bank of India has now directed that those who want to deposit old Rs.500 and Rs.1000 notes at its offices should carry a stamped document from the airport to prove that they were abroad.
New Delhi, Jan 3 (IBNS): The Union Ministry of Finance in a release on Tuesday said that after reviewing the cash position of the Central Government, Government of India, in consultation with Reserve Bank of India, has revised the auction calendar for the issuance of Government dated securities for the remaining part of second half of 2016-17.
Mumbai/New Delhi, Jan 3 (IBNS): The Union Finance Ministry on Tuesday said in a release that Government of India has announced the sale (re-issue) of â€œGovernment of India Floating Rate Bonds 2024â€ for a notified amount of Rs. 2000 crore (nominal) through price based auction as well as auction for sale (re-issue) of government stocks.
New Delhi, Dec 31 (IBNS): The Reseve Bank of India on Saturday announced its decision to relax the daily ATM withdrawal limit to Rs 4,500 from the earlier cap of Rs 2,500.
New Delhi, Dec 30 (IBNS): The 50-day deadline to submit banned Rs. 1000 and Rs. 500 currency notes ends on Friday.
New Delhi, Dec 28 (IBNS): In a move to give some relief to citizens post demonetisation, the Reserve Bank of India (RBI) has directed lenders to provide an additional 30 days to borrowers in some categories for repayment of loans.
Hyderabad, Dec 20 (IBNS): IDBI Bank celebrated the Silver Jubilee of its premier training institute, Jawaharlal Nehru Institute of Banking and Finance (JNIBF), Hyderabad recently.
New Delhi, Dec 21 (IBNS): The Reserve Bank of India on Wednesday said it has imposed monetary penalty on the following five banks for violation of Reserve Bank of Indiaâ€™s instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA).
New Delhi, Dec 21 (IBNS) : As the Reserve Bank of India withdrew its earlier notification on Rs 5000 cash deposit limit for KYC complaint accounts, the Congress on Wednesday criticised the central bank for â€œchanging the norms 126 timesâ€, giving it the mocking sobriquet of "Reverse Bank of India."
New Delhi, Dec 19 (IBNS): The Reserve Bank of India (RBI) on Monday has imposed new conditions on deposit of old notes exceeding Rs 5,000 in a bank account till Dec 30.
Kolkata, Dec 14 (IBNS): When West Bengal's ruling Trinamool Congress (TMC) was hosting sit-in-demonstration against demonetisation in front of Reserve Bank of India (RBI) in Kolkata on Wednesday afternoon, RBI's governor Urjit Patel reached the city to attend RBI's central board meeting, which is scheduled to be held here on Thursday.
New Delhi, Dec 14 (IBNS): The Reserve Bank of India has said that banks have received Rs. 12.44 lakh crore in old Rs 500 and Rs. 1000 currency notes as of Dec 10, since the ban was announced by the Centre on Nov 8.
New Delhi, Dec 13 (IBNS): The Reserve Bank of India on Tuesday directed banks across the nation to preserve CCTV recordings of operations at its branches and currency chests from the period between Nov 8 till Dec 30 to facilitate coordinated and effective action by the enforcement agencies in dealing with matters relating to illegal accumulation of new currency notes..