Home » Posts tagged with » Reserve Bank of India

₹ 200  Bank note will help ease demonetization gap

\ \

₹ 200 Bank note will help ease demonetization gap

NEW DELHI: The central bank will soon issue 200-rupee note the Finance Ministry has confirmed today. The move will help fill the vast demand for cash after the notes ban, which wiped out over 85 per cent of the cash in circulation. The Finance Ministry, in a notification, said that on the recommendations of the […]

Why is State Bank of India robbing the small customer?

\ \ \

Why is State Bank of India robbing the small customer?

Seema Kumari asks whether the banks are out to rob the poor and profit the rich. Bihar is one of the poorest states in India. There are many people who earn less than Rs 3000 per month. They live from hand to mouth. Some of them even don’t get two square meals in a day. […]

More fake notes surface in another Delhi ATM

\

More fake notes surface in another Delhi ATM

New Delhi, Mar 9 (PTI) In yet another case in a month, an automated teller machine in south Delhi’s Amar colony area dispensed a fake Rs 2,000 currency note with “Children Bank of India” printed on it, police said today. The fake bank note of Rs 2,000 denomination was dispensed from a private bank ATM […]

RBI vs EC:  RBI Refuses to raise cash limit for Assembly contestants

\ \

RBI vs EC: RBI Refuses to raise cash limit for Assembly contestants

New Delhi: Is it the Chief Election Commissioner versus the Governor of the Reserve bank? The EC asked the Reserve Bank to raise the cash withdrawal limit for those contesting Assembly Polls. RBI refused point blank! The Reserve Bank of India (RBI) has rejected the request of the Election Commission to enhance the weekly cash-withdrawal […]