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RBI Says Enough Cash Available As Crowds Throng Banks
The RBI announcement attempting to assure the public comes as anger intensified in the country on Sunday with banks struggling to dispense money following the government's decision to withdraw large denomination notes in an attempt to uncover many billions of dollars in undeclared wealth.
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Furnish Daily Data On Cash Withdrawals: RBI To Banks
The RBI and the government have been trying to assuage public anger after Prime Minister Narendra Modi abruptly decided to withdraw large denomination notes in an attempt to uncover many billions of dollars in undeclared wealth.
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RBI Allows Rs 2.5 Lakh Wedding Cash Withdrawals After Notes Ban
The cash withdrawals will be allowed out of the balance in the account as of close of business on November 8, the central bank said in a statement.
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Pay In Old Notes Under Tax Evasion Amnesty Scheme Till December 30
The government allowed use of junked Rs 500 and Rs 1,000 notes till December 30 for paying tax on disclosures made under the tax evasion amnesty scheme.
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Pay In Old Notes Under Tax Evasion Amnesty Scheme Till December 30
The government allowed use of junked Rs 500 and Rs 1,000 notes till December 30 for paying tax on disclosures made under the tax evasion amnesty scheme.
-
RBI To Issue New Series Of Rs 500 Note With Inset Letter 'R'
The Reserve Bank of India said it is issuing a new batch of Rs 500 notes in Mahatma Gandhi (New) series with the inset letter R in both the number panels.
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Here's How Much It Costs The RBI To Print New 500 And 2,000 Rupee Notes
A new Rs 500 note costs Rs 3.09 to print, while the magenta 2,000 rupee note costs Rs 3.54, the Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), which prints currency notes, has said.
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How To Avail PMGKY, The New Black Money Disclosure Scheme
The Pradhan Mantri Garib Kalyan Yojana provides last chance to holders of undisclosed income in the form of old 500 and 1,000 rupee notes to come clean.
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Deposit, Exchange Of Rs 500, Rs 1,000 Notes Explained In 10 Points
This is necessitated to tackle counterfeiting Indian banknotes, to effectively nullify black money hoarded in cash and curb funding of terrorism with fake notes, the RBI said.
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Bank Of Baroda, SBI Shares Surge Up To 10%
Shares in Bank of Baroda jumped 9.56 per cent, followed by Punjab National Bank (9.19 per cent) and State Bank of India (8.73 per cent) on the BSE.
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Tax Department Not To Hound Small Depositors: Arun Jaitley
Assuring people that taxman will not hound those making small deposits in scrapped Rs 500/1,000 currency, Finance Minister Arun Jaitley advised them not to throng banks as there is enough time to exchange the junked notes.
-
Demonetisation Move Negative For Near Term Economic Activity: Goldman Sachs
The report said from an economic standpoint, this reform is likely to have material implications across money supply, consumption spending, fiscal policy and eventually inflation.
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Mobile Payment Transaction Volume To Reach 153 Billion By FY22: Assocham
The mobile payment transaction volume is likely to register a compounded growth rate of over 90 per cent to reach 153 billion by FY22, driven by demonetisation of Rs 500 and Rs 1,000 notes.
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Paytm To Hire 10,000 Agents To Expand Offline Merchant Network
Paytm said its platform saw an overwhelming 435 per cent increase in overall traffic within hours of the Prime Minister's announcement.
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'We Should All Be Celebrating': Narayana Murthy On Demonetisation Move
Taking the nation by surprise, Prime Minister Narendra Modi had on Tuesday announced demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight, making these currency papers invalid.
-
RBI Says Enough Cash Available As Crowds Throng Banks
The RBI announcement attempting to assure the public comes as anger intensified in the country on Sunday with banks struggling to dispense money following the government's decision to withdraw large denomination notes in an attempt to uncover many billions of dollars in undeclared wealth.
-
Furnish Daily Data On Cash Withdrawals: RBI To Banks
The RBI and the government have been trying to assuage public anger after Prime Minister Narendra Modi abruptly decided to withdraw large denomination notes in an attempt to uncover many billions of dollars in undeclared wealth.
-
RBI Allows Rs 2.5 Lakh Wedding Cash Withdrawals After Notes Ban
The cash withdrawals will be allowed out of the balance in the account as of close of business on November 8, the central bank said in a statement.
-
Pay In Old Notes Under Tax Evasion Amnesty Scheme Till December 30
The government allowed use of junked Rs 500 and Rs 1,000 notes till December 30 for paying tax on disclosures made under the tax evasion amnesty scheme.
-
Pay In Old Notes Under Tax Evasion Amnesty Scheme Till December 30
The government allowed use of junked Rs 500 and Rs 1,000 notes till December 30 for paying tax on disclosures made under the tax evasion amnesty scheme.
-
RBI To Issue New Series Of Rs 500 Note With Inset Letter 'R'
The Reserve Bank of India said it is issuing a new batch of Rs 500 notes in Mahatma Gandhi (New) series with the inset letter R in both the number panels.
-
Here's How Much It Costs The RBI To Print New 500 And 2,000 Rupee Notes
A new Rs 500 note costs Rs 3.09 to print, while the magenta 2,000 rupee note costs Rs 3.54, the Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), which prints currency notes, has said.
-
How To Avail PMGKY, The New Black Money Disclosure Scheme
The Pradhan Mantri Garib Kalyan Yojana provides last chance to holders of undisclosed income in the form of old 500 and 1,000 rupee notes to come clean.
-
Deposit, Exchange Of Rs 500, Rs 1,000 Notes Explained In 10 Points
This is necessitated to tackle counterfeiting Indian banknotes, to effectively nullify black money hoarded in cash and curb funding of terrorism with fake notes, the RBI said.
-
Bank Of Baroda, SBI Shares Surge Up To 10%
Shares in Bank of Baroda jumped 9.56 per cent, followed by Punjab National Bank (9.19 per cent) and State Bank of India (8.73 per cent) on the BSE.
-
Tax Department Not To Hound Small Depositors: Arun Jaitley
Assuring people that taxman will not hound those making small deposits in scrapped Rs 500/1,000 currency, Finance Minister Arun Jaitley advised them not to throng banks as there is enough time to exchange the junked notes.
-
Demonetisation Move Negative For Near Term Economic Activity: Goldman Sachs
The report said from an economic standpoint, this reform is likely to have material implications across money supply, consumption spending, fiscal policy and eventually inflation.
-
Mobile Payment Transaction Volume To Reach 153 Billion By FY22: Assocham
The mobile payment transaction volume is likely to register a compounded growth rate of over 90 per cent to reach 153 billion by FY22, driven by demonetisation of Rs 500 and Rs 1,000 notes.
-
Paytm To Hire 10,000 Agents To Expand Offline Merchant Network
Paytm said its platform saw an overwhelming 435 per cent increase in overall traffic within hours of the Prime Minister's announcement.
-
'We Should All Be Celebrating': Narayana Murthy On Demonetisation Move
Taking the nation by surprise, Prime Minister Narendra Modi had on Tuesday announced demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight, making these currency papers invalid.
