RBI takes U-turn, revokes Rs 5000 deposit limit for all KYC accounts
After facing severe flak for its controversial rule on cash deposit restrictions, Reserve Bank of India (RBI) reverses the limit…
21 DEC 2016
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‘Over Rs.5000 in old notes to be deposited only once before Dec 30’
Finance Ministry and the Reserve Bank of India (RBI) have directed cash deposits exceeding Rs 5,000 in old notes can…
20 DEC 2016
Vodafone launches M-Pesa PAY, new cashless payment gateway for Merchants
To promote digital India dream, Vodafone has recently launched M-Pesa PAY, a digital payment platform for merchants and retailers. The…
19 DEC 2016
You might be marked with ink after exchanging old currency notes
To find a way out of the massive cash crunch prevailing in the country in the wake of demonetisaion of…
16 NOV 2016
12 things that emerged from Modi’s demonetisation review meeting
Amidst severe criticism from the Opposition and a section of discontented citizens, Prime Minister Narendra Modi chaired a high-level meeting…
14 NOV 2016
Currency demonetisation: All that you missed over the weekend
Facing the Opposition’s ire and expressing concerns over the cash starved nation, the Centre has made several new announcements to…
14 NOV 2016
SBI gets old notes worth Rs 38,677 in just two days
The State Bank of India (SBI), India’s largest public sector lender, collected Rs 38,677 crore in deposits and exchanged old…
12 NOV 2016
IT Dept asks banks to report deposits over Rs 2.5 lakh
To keep a close eye on unaccounted money deposited in bank accounts, Income Tax (I-T) Department has asked various banks…
12 NOV 2016
All SBI ATMs likely to be functioning today
Giving some respite to the common people struggling to withdraw money from banks across the nation, India’s largest public sector…
12 NOV 2016
Demonetisation of higher currency is not new to India
The recent announcement by Prime Minister Narendra Modi on scrapping of Rs 500 and Rs 1,000 currency notes might have…
10 NOV 2016
