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Demonetisation: Rs 14 lakh cr old notes are back, New York Times Criticised
  Demonetisation: Rs 14 lakh cr old notes are back, New York Times Criticised    Read  
  By: Ekta( Source : PTI, IExp)Place: New Delhi10 Jan 2017Govt & RBI Policy::View 
As a New Year gift, bank slashes rate; SBI leads and PNB, Union Bank follow
  The country’s largest bank State Bank of India (SBI) announced a steep interest rate cut in several years on Sunday, by reducing its marginal cost of funds base..    Read  
  By: Ekta (Source:Business Standard)Place: Mumbai03 Jan 2017Indian Banking::Loan and AdvancesView 
Lending rates down by upto 90 bps; banks go for cuts
  Rolling out one of the steepest cuts in borrowing rates in recent times, leading banks lowered their lending rates on Sunday i.e. 1st January by up to 90 basis ..    Read  
  By: Ekta (Source:Indian Express)Place: Mumbai03 Jan 2017Indian Banking::Priority Sector LendingView 
Demonetisation will destroy 12% of black money: India Ratings
  The current measures by the government to withdraw high value notes are likely to destroy about Rs 4 lakh crore worth of cash held in black money and fake curre..    Read  
  By: Ekta (Source: Times of India)Place: Coimbatore29 Dec 2016Govt & RBI Policy::RBI PolicyView 
Demonetisation: 98 Crores 'black money' deposited in banks by Hyderabad businessman
  A Hyderabad businessman was arrested on Wednesday, 28th December, 2016 for allegedly cheating and generating 'fake and fictitious' advance payment receipts to d..    Read  
  By: Ranjan (Source:NDTV/PTI)Place: Hyderabad29 Dec 2016Govt & RBI Policy::RBI PolicyView 
Since November 8, 60 lakh depositors put Rs. 7 lakh crore in banks
  The government, armed with information about Rs. 7 lakh crore deposits made by some 60 lakh individuals and companies, on Thursday warned of hauling up anyone u..    Read  
  By: Ranjan (Source: NDTV, PTI)Place: New Delhi29 Dec 2016Govt & RBI Policy::RBI PolicyView 
Ordinance will make possession of old Rs 500, 1,000 notes criminal offence after 31 March 2017
  Ordinance will make possession of old Rs 500, 1,000 notes criminal offence after 31 March 2017    Read  
  By: Ekta(Source: PTI, BS)Place: New Delhi28 Dec 2016Govt & RBI Policy::PMJDYView 
Bank unions plan demonstrations on Dec. 28 due to demonetisation
  The All India Bank Employees Association (AIBEA) and the All India Bank Officers Association (AIBOA) have given a call for demonstration against the problems th..    Read  
  By: Ranjan (Hindu/PTI)Place: Vadodara25 Dec 2016Indian Banking::Employees IssuesView 
Rs 2.5 lakh crore won't come back into banking system, says SBI: Demonetisation
  State Bank of India has estimated that money worth Rs 2.5 lakh crore may not come back into the banking system post demonetisation of high-value notes. On 8 Nov..    Read  
  By: Ranjan (First Post)Place: Mumbai25 Dec 2016Indian Banking::CorporateView 
Govt Lottery & Lucky Draws for Rs 340 Crore to Boost Cashless Economy: Ist Winner List on 25.12.2016
  Govt Lottery & Lucky Draws for Rs 340 Crore to Boost Cashless Economy    Read  
  By: Ekta(Source: GOI, Webs)Place: New Delhi25 Dec 2016Govt & RBI Policy::PMJDYView 
RBI feels its image dented by Centre's steps due to demonetisation
  The central bank and the government often don't see eye to eye even in the best of times, which these certainly are not. The stress of managing the process of d..    Read  
  By: Ekta (ET)Place: Mumbai24 Dec 2016Govt & RBI Policy::RBI PolicyView 
RBI Partially Rolls Back Rs 5,000 Order
  The Reserve Bank of India’s 60th Notification, on day number 43 of Demonetisation, has partially rolled back an earlier notification that caused anger because i..    Read  
  By: Ekta (News18)Place: New Delhi23 Dec 2016Govt & RBI Policy::RBI PolicyView 
Restrictions on withdrawal from certain bank accounts: RBI
  Tightening the noose around people who misused banking channels to park unaccounted money, the Reserve Bank imposed certain restrictions on withdrawal if more t..    Read  
  By: Ekta (Source:NDTV Profit)Place: Mumbai21 Dec 2016Govt & RBI Policy::RBI PolicyView 
Charges on debit card transactions of upto Rs 2,000 to be lowered by RBI
  As the government gives a major push for more people to adopt digital means for payments the Reserve Bank of India reduced merchant discount rates or price that..    Read  
  By: Ranjan (Source: ET)Place: Mumbai21 Dec 2016Govt & RBI Policy::RBI PolicyView 
Banks give priority to their own branches, atms run by private non-banking entities suffer
  Operators of white label ATMs, or automatic teller machines owned and run by private non-banking entities, have reached out to the Reserve Bank of India to find..    Read  
  By: Ekta (Source: ET)Place: Mumbai17 Dec 2016Govt & RBI Policy::RBI PolicyView 
 
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