Tag: Reserve 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.....
'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.....
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.....
Kejriwal Slams Modi After ATM Dispenses Fake Notes
Delhi Chief Minister Arvind Kejriwal on Wednesday slammed Prime Minister Narendra Modi after fake 2,000 rupee notes were allegedly dispensed by an ATM here.....
SBI ATM Dispenses Fake Notes, Culprits Identified
An SBI ATM here dispensed fake 2,000 rupee notes, and police said on Wednesday that they had identified the culprits.....
RBI Maintains Key Lending Rate At 6.25%
The Reserve Bank of India (RBI), in its first bi-monthly monetary policy review of 2017-18, on Thursday kept its key lending rate unchanged at 6.25 per cent, saying it awaited further macroeconomic data before making changes.....
Currency Returned To RBI Post-note Ban Being Calculated: FM
The Reserve Bank of India (RBI) is still calculating and taking stock of the currency that was returned to banks post demonetisation, Finance Minister Arun Jaitley said on Tuesday.....
Parliamentary Panel Summons RBI Governor Again
Reserve Bank of India (RBI) Governor Urjit Patel has been summoned by Parliamentary Standing Committee on Finance to appear before it on May 25 on the demonetisation issue.....
