May 20, 2022 09:39 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Massive fire breaks out in a forest near Jammu | Undefeated German champion boxer Musa Yamak dies of heart attack during match | Gyanvapi mosque row: Report of videography, meant for court, made public | PM Modi to participate in Quad Leaders' Summit in Tokyo on May 24 | Prices of LPG hiked

RBI increases daily ATM withdrawal limit to Rs 10,000

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.

Government respects independence and autonomy of RBI, says Finance Ministry

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.

RBI asks for documents from airports for accepting banned notes

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.

Auction calendar of govt dated securities revised

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.

RBI to hold auction (re-issue) of GOI bond and stocks

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 “Government of India Floating Rate Bonds 2024” for a notified amount of Rs. 2000 crore (nominal) through price based auction as well as auction for sale (re-issue) of government stocks.

RBI relaxes ATM daily withdrawal limit to Rs 4,500

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.

Deadline to submit banned notes ends today

New Delhi, Dec 30 (IBNS): The 50-day deadline to submit banned Rs. 1000 and Rs. 500 currency notes ends on Friday.

RBI gives extra 30 days to repay loans in some categories

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.

IDBI Bank celebrates 25 years of Jawaharlal Nehru Institute of Banking and Finance

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.

Forex Rule violation: RBI slaps fine on five banks

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 India’s instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA).

Reverse Bank of India changes norms 126 times, Congress on RBI backtracking

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 “changing the norms 126 times”, giving it the mocking sobriquet of "Reverse Bank of India."

RBI imposes restrictions on deposit of old notes until Dec 30

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.

RBI governor arrives Kolkata, refuses state police's convoy

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.

Rs 12.4 lakh crore of banned currency notes deposited in banks till Dec 10, says RBI

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.

RBI directs banks to preserve CCTV recordings of operations from Nov 8 to Dec 30

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..