Tag: Bank
Many ATMs Run Dry But Queues Get Shorter
The Reserve Bank of India (RBI) hiked the limit on daily withdrawal from ATMs from Rs 4,500 to Rs 10,000, but a day after the decision many ATMs across the national capital were without cash.....
Rs 9.2 Lakh Crore New Notes In System: Patel Tells MPs' Panel
Reserve Bank of India Governor Urjit Patel on Wednesday told a Parliamentary Standing Committee on Finance that Rs 9.2 lakh crore of new currency notes have been put in circulation since the high-value currency notes were demonetised on November 8.....
Urjit Patel Asks Staff To 'zealously Guard' RBI Reputation
Following deep concern expressed by RBI employee unions over alleged government interference in the affairs of the central bank and opposition protests on the issue earlier this week, RBI Governor Urjit Patel has asked staff members to "zealously guard" the integrity of the institution.....
Aligning With SP Is Congress' Political Bankruptcy: Mayawati
Taking on Chief Minister Akhilesh Yadav over corruption and 'tacit understanding' with the BJP, BSP supremo Mayawati on Saturday said the Congress bid to align with the ruling SP for the Uttar Pradesh assembly polls was a reflection of its political bankruptcy.....
'Where Are The Fake Notes? Even RBI Doesn't Know'
The Reserve Bank of India has admitted it has no confirmed data of the number or value of fake currencies detected since the demonetisation of Rs 500 and Rs 1,000 notes, a RTI query has revealed.....
10 Lakh Bankers To Strike Work On February 28
Around 10 lakh bankers will now go on strike on February 28 to demand recovery of bank loans that have since turned bad and action against wilful loan defaulters as well as solution to cash crunch post-demonetisation, a top union leader said on Tuesday.....
IDBI Bank Employees To Strike On Monday
Employees of the IDBI Bank will strike on Monday pressing demands like wage revision, opposing out sourcing and others, said a top leader of All India Bank Employees' Association (AIBEA).....
Demonetisation, A Right Decision At Right Time : PM Modi
Prime Minister Narendra Modi on Tuesday strongly defended his government's decision to ban high value currency notes, saying it was the right step taken at the right time to rid the Indian economy of tax evasion and black money.....
RBI Likely To Hold Interest Rates At Wednesday's Review
The Reserve Bank of India (RBI) is expected to hold key interest rates at its final monetary policy review for this fiscal on Wednesday -- its second after November's note ban -- in the wake of banks being flush with funds post-demonetisation and a firming up of global oil prices.....
RBI Maintains Status Quo On Key Lending Rate
India's central bank on Wednesday kept its key lending rates unchanged, as it shifted its monetary policy stand from accommodative to neutral citing inflationary fears and global uncertainties.....
