RBI taking scrapped notes from Coop banks but condition applied!
Representational pic Nagpur: Following the Supreme Court's diktat, the Reserve Bank of India may have started accepting the scrapped currency notes of Rs 500 and Rs 1000 from district central cooperatives (DCCBs), the move comes with a rider. A notification...
For another month, cooperative banks can deposit scrapped notes with RBI
Nagpur/New Delhi: As the reports of district cooperative banks unable to shell out enough cash to extend immediate cash relief of Rs 10,000 to farmers it swung into action on an urgent basis. The government has allowed district cooperative banks...
90 per cent of scrapped notes back in system
New Delhi: Of the Rs 15.4 lakh crore worth of Rs 500 and Rs 1,000 notes that were scrapped as a resulted of PM Narendra Modi's November 8 declaration, as much as Rs 14 lakh crore has been deposited in...
