RBI Governor Announces Final Bi Monthly Monetary Policies Review
On the 5th of February, Shaktikanta Das, the Governor of the Reserve Bank of India (RBI) announced the final bi monthly reviews over monetary policies. Mr. Das announced the policies…
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RBI
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RBI Governor Announces MSP Meeting Highlights, Repo Rate Remains Same
Shaktikanta Das, the Governor of the Reserve Bank of India (RBI,) on the 9th of October, addressed a press conference and announced the Central Bank’s monetary policy decision. The announcement…
RBI Governor Eases Moratorium Loans By 3 Months
Shaktikanta Das, the Governor of the Reserve Bank of India (RBI,) conducted a press meet, describing the Bank’s policies and other changes during the Novel Coronavirus crisis. Mr. Das said…
No Plans to re-introduce Rs. 1000 notes again says Government
Over the past week, images have been circulating on social media that claim to be the new Rs. 1000 note that will be releasing soon. But these notes are fake…
RBI to remove limits on cash withdrawals on March 13.
The Reserve Bank of India on Wednesday announced that they will be removing the weekly limit on the cash withdrawal on savings account in two stages from February 20. The…
ATMs still face shortage of cash.
Almost two thirds of ATMs across India still faced a shortage of cash until Friday. This shortage happened as the banks decided to distribute cash to customers through branches until…
New withdrawal limits for ATM’s!
On Saturday, the Reserve Bank of India has declared a new withdrawal limit from ATMs. The revised amount is Rs. 4,500 per day from January 1st. The previous limit was…
Banks to submit details of Demonetised money deposits.
The Reserve Bank of India has on Friday, asked all the banks across the country to submit a report about the deposits of demonetised currency after closing hours. Friday is…
New Rs.100 notes to be introduced by RBI
The Reserve Bank of India is all set to release new the Rs. 100 notes. These will be similar to the old notes but with ascending numerals, bleed lines, and…
Rahul Gandhi accuses RBI’s changing rules
On Monday the RBI issued a new rule for deposits of demonetised notes over Rs.5000. On Tuesday, Congress Vice President Rahul Gandhi accused the Reserve Bank of India, of changing…