Charges by Banks on various services should also be regulated by RBI – VTA
Nagpur: Vidarbha Taxpayers Association (VTA) is aware that Reserve Bank of India (RBI) regulates financial system and monitory policy in our country by deriving its regulatory powers for Indian Banking System from the provisions of the Banking Regulation Act 1949...
Despite fall, GDP will bounce back sharply: RBI Governor
New Delhi: Reserve Bank Governor Urjit Patel today said India's economic growth will make a "sharp V" recovery following the recall of old 500 and 1,000 rupee notes. Patel also made a strong case for continuing with globalisation even in...
RBI hikes weekly cash withdrawal limit to Rs 50,000 from Feb 20; no cap from Mar 13
Mumbai/Nagpur: In what could bring respite to the common man, Reserve Bank of India (RBI) on Wednesday said that there will be no limit on cash withdrawals from March 13 while the weekly withdrawal limit has been enhanced from the...
RBI removes ATM cash withdrawal limit on current accounts from February 1
Nagpur: The Reserve Bank of India announced on Monday the removal of ATM cash withdrawal limits on current bank accounts from February 1 but said caps on savings accounts would continue. The move came nearly three months after the government withdrew...
No record of fake currency deposits during note ban, says RBI
Representation Pic New Delhi: There is no record available of the fake currency which has been detected in the demonetised notes deposited in banks, Reserve Bank of India has said. Responding to an RTI inquiry from Mumbai-based activist Anil Galgali seeking...
नोटबंदी असफल प्रयोग और सनकी फैसला – काँग्रेस
नागपुर: आठ नवंबर को प्रधानमंत्री नरेन्द्र मोदी द्वारा नोट बंदी के फैसले के खिलाफ काँग्रेस का आक्रामक रुख जारी है। हाईकमान के निर्देशानुसार पार्टी ने देश भर में मौजूद आरबीआई के 33 कार्यालयों के बाहर विरोध प्रदर्शन किया। नागपुर में पूर्व...
Video: नारेबाजी से चिढ़कर पुलिस ने काँग्रेसी कार्यकर्ताओं पर लाठी चार्ज किया
इतिहास में पहली बार सरकार ने आरबीआई को दिया निर्देश, मौजूदा गवर्नर मोदी के सामने नतमस्तक – पृथ्वीराज चव्हाण
नागपुर: डिमोनिटाइजेशन के विरोध में नागपुर में आरबीआई के सामने काँग्रेस ने प्रदर्शन किया। इस प्रदर्शन के दौरान काँग्रेस पार्टी के नेताओं ने मोदी सरकार और आरबीआई पर जबरजस्त प्रहार किया। प्रदर्शन के बाद आयोजित पत्रकार परिषद को संबोधित करते...
नोटबंदी के खिलाफ काँग्रेस का कल आरबीआई के सामने प्रदर्शन
Representational Pic नागपुर : केंद्र सरकार की नोटबंदी के खिलाफ अपना आक्रामक रुख बरकरार रखते हुए कांग्रेस पार्टी कल बुधवार को नागपुर स्थित रिज़र्व बैंक ऑफ़ इंडिया के मुख्य कार्यालय के समक्ष विरोध प्रदर्शन करेगी। संविधान चौके में होने वाले इस प्रदर्शन...
RBI raises ATM withdrawal limit to Rs 10,000 per day from current Rs 4,500
Representational Pic Nagpur: In a major relief for ATM users, the limits placed on withdrawals and current accounts has been raised with immediate effect as under:
- The limit on withdrawals from ATMs has been enhanced from the current limit of...
RBI asks banks to supply 40% of notes to rural areas
New Delhi: To mitigate hardships of poor and marginal farmers due to cash deficit following demonetisation, the Reserve Bank today directed banks to distribute at least 40 per cent of currency notes in rural areas. The 50-day exercise ended on December...
ATM withdrawal limit raised to Rs. 4,500 per card per day starting January 1
Nagpur/New Delhi: In a major relief for the common man, Reserve Bank of India today increased the limit of ATM withdrawal to Rs 4500 from current Rs 2500. There is no change in weekly withdrawal limits and RBI has strictly adhered...
Now, a Rs 5,000 fine, 4-yr jail term for possessing old notes
New Delhi: The Centre has approved an ordinance that imposes penalties for possessing old notes beyond a certain limit and indulging in transactions with junked notes of Rs 500 and 1,000. According to the ordinance anyone possessing old notes -- Rs...
आरबीआई ने लगाया पाँच विदेशी बैंकों पर जुर्माना
मुंबई: रिजर्व बैंक (आरबीआई) ने पाँच विदेशी बैंकों को विदेशी मुद्रा विनिमय प्रबंधन कानून (फेमा) के उल्लंघन का दोषी पाये जाने पर उन पर जुर्माना लगाया है। इस बारे में केंद्रीय बैंक ने बताया है कि बैंक ऑफ, अमेरिका, बैंक ऑफ...
RBI: No service tax if you use a card to pay up to Rs.2000
New Delhi: Starting today, you will not be charged any service tax when you use your credit or debit card for upto Rs. 2,000. Currently, you pay 15% as the tax on these transactions. The exemption is part of the...
Stock markets fall sharply after RBI keeps repo rate unchanged
New Delhi: The Reserve Bank of India (RBI) has kept its repo rate unchanged at 6.25 per cent in its first monetary policy review after the notes ban, surprising many. Economists polled by a leading electronic media had expected a...
Demonetisation: Bank officers union calls for Urjit Patel’s resignation; focus on RBI’s role
New Delhi: The All India Bank Officers Confederation has called for the resignation of Reserve Bank of India governor Urjit Patel, taking the moral responsibility for the current crisis in the country and the deaths of more than 50 people,...
RBI waives all ATM charges till December 30
Mumbai/Nagpur: To alleviate the hardship caused to the public on account of the demonetisation exercise, banks will waive levy of ATM charges for all transactions by savings bank customers done at their own banks’ ATMs as well as at other...
Enough cash in RBI, no need to panic: Govt
New Delhi: Shaktikanta Das, Economic Affairs Secretary, gives an update on how the government is planning to tackle the immense hardships faced by customers in the aftermath of demonetisation. Highlights...
- The PM has addressed the supply of cash.
- Enough cash is...
Banks to stay open this Saturday, Sunday: RBI
Nagpur: Banks will remain open during the coming weekend to help people exchange Rs 500 and Rs 1,000 notes which were demonetized from today. Banks will be open to public on November 12 and November 13, the RBI said. Banks and ATMs...
RBI to continue with easing; next cut in Feb: Analysts
New Delhi/Nagpur: A day after the monetary policy committee (MPC) debuted with a surprise 0.25 per cent cut in rates, analysts today said the Reserve Bank will continue with the accommodative stance but the next action can come only in...
