Old Note Deposited In Banks
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After NDTV Report, Cooperative Banks, Post Offices Can Deposit Banned Notes For A Month With RBI
Cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14, the statement said.
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Cash Situation Back To Normal Soon, RBI Chief Urjit Patel Tells Lawmakers' Panel: 10 Points
Urjit Patel, the chief of the Reserve Bank of India, confronted questions from a parliamentary committee on the sudden ban on 500 and 1,000 rupee notes in November and said the cash situation would return to normal soon. Millions were left facing a severe crunch after 86 per cent of the cash in circulation was outlawed overnight in a massive anti-c...
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How Much Black Money, Asks Opposition As Notes Ban Data Still Missing
The opposition has criticised the centre for not releasing data on how much of the banned 500 and 1,000 notes are back in the banking system, eight days after the deadline to deposit old notes in banks expired.
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Income Tax Investigates Rajkot Bank That Got 871 Crore Deposits In Old Notes
The Income Tax department has detected huge alleged discrepancies in the transactions of a Rajkot-based cooperative bank where Rs 871 crore deposits were made, over 4,500 new accounts opened and more than five dozen accounts having same mobile number initiated.
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How Much Currency Has Been Returned To Banks? RBI Says Wait For Our Figures
Six days after the December 30 deadline for banned 500 and 1,000 rupees to be deposited in commercial banks, the Reserve Bank of India said "it is still counting the returned notes."
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To Deposit Old Notes At RBI, You Need Documents From Airport: 10 Points
Those trying to deposit banned 500 and 1,000 rupee notes at the Reserve Bank of India (RBI) must have a stamped document from the airport to prove that they were abroad. A notice outside the RBI makes it clear that old notes will not be accepted from anyone except those who were not in the country after 500 and 1,000 notes were banned without warni...
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RBI May Have Received Rs 15 Lakh Crore Deposits Of Old Notes
The Reserve Bank is believed to have received deposits close to Rs 15 lakh crore, of estimated Rs 15.4 lakh crore worth junked Rs 500/1,000 currency notes that were in circulation, from the 50-day demonetisation exercise that ended on December 30.
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As Much As 97% Of Banned Notes Are Back In Banks: Report
Indians have deposited nearly all the currency bills outlawed at the end of the deadline last year, according to people with knowledge of the matter, dealing a blow to Prime Minister Narendra Modi's drive to unearth unaccounted wealth and fight corruption.
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50 Days After Cash Ban, PM Modi To Discuss Impact In National Address Today: 10 Points
Prime Minister Narendra Modi will address the country today on New Year's eve which also brings an end to a 50-day period that he had sought to bring normalcy after an abrupt November 8 ban on 500 and 1,000-rupee notes. While the restrictions on cash withdrawal stays on because of a limited cash supply to banks, the daily withdrawal limit from ATMs...
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Ahead Of UP Elections, Some Disquiet In BJP About Cash Crunch
There were lines at banks across the country on Friday, the last day to deposit the old 500- and 1,000-rupee notes or see them become worthless after the bills were scrapped by Prime Minister Narendra Modi in a bid to fight corruption.
-
After NDTV Report, Cooperative Banks, Post Offices Can Deposit Banned Notes For A Month With RBI
Cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14, the statement said.
-
Cash Situation Back To Normal Soon, RBI Chief Urjit Patel Tells Lawmakers' Panel: 10 Points
Urjit Patel, the chief of the Reserve Bank of India, confronted questions from a parliamentary committee on the sudden ban on 500 and 1,000 rupee notes in November and said the cash situation would return to normal soon. Millions were left facing a severe crunch after 86 per cent of the cash in circulation was outlawed overnight in a massive anti-c...
-
How Much Black Money, Asks Opposition As Notes Ban Data Still Missing
The opposition has criticised the centre for not releasing data on how much of the banned 500 and 1,000 notes are back in the banking system, eight days after the deadline to deposit old notes in banks expired.
-
Income Tax Investigates Rajkot Bank That Got 871 Crore Deposits In Old Notes
The Income Tax department has detected huge alleged discrepancies in the transactions of a Rajkot-based cooperative bank where Rs 871 crore deposits were made, over 4,500 new accounts opened and more than five dozen accounts having same mobile number initiated.
-
How Much Currency Has Been Returned To Banks? RBI Says Wait For Our Figures
Six days after the December 30 deadline for banned 500 and 1,000 rupees to be deposited in commercial banks, the Reserve Bank of India said "it is still counting the returned notes."
-
To Deposit Old Notes At RBI, You Need Documents From Airport: 10 Points
Those trying to deposit banned 500 and 1,000 rupee notes at the Reserve Bank of India (RBI) must have a stamped document from the airport to prove that they were abroad. A notice outside the RBI makes it clear that old notes will not be accepted from anyone except those who were not in the country after 500 and 1,000 notes were banned without warni...
-
RBI May Have Received Rs 15 Lakh Crore Deposits Of Old Notes
The Reserve Bank is believed to have received deposits close to Rs 15 lakh crore, of estimated Rs 15.4 lakh crore worth junked Rs 500/1,000 currency notes that were in circulation, from the 50-day demonetisation exercise that ended on December 30.
-
As Much As 97% Of Banned Notes Are Back In Banks: Report
Indians have deposited nearly all the currency bills outlawed at the end of the deadline last year, according to people with knowledge of the matter, dealing a blow to Prime Minister Narendra Modi's drive to unearth unaccounted wealth and fight corruption.
-
50 Days After Cash Ban, PM Modi To Discuss Impact In National Address Today: 10 Points
Prime Minister Narendra Modi will address the country today on New Year's eve which also brings an end to a 50-day period that he had sought to bring normalcy after an abrupt November 8 ban on 500 and 1,000-rupee notes. While the restrictions on cash withdrawal stays on because of a limited cash supply to banks, the daily withdrawal limit from ATMs...
-
Ahead Of UP Elections, Some Disquiet In BJP About Cash Crunch
There were lines at banks across the country on Friday, the last day to deposit the old 500- and 1,000-rupee notes or see them become worthless after the bills were scrapped by Prime Minister Narendra Modi in a bid to fight corruption.
