30.88 lakh crore currency in the hands of the people; 71.84% more than before the ban – Demonetisation Cash with Public | Manorama Online
NEW DELHI: Even after six years of demonetisation, there is no decline in the use of currency among people. On 21 October, people are holding notes worth Rs 30.88 lakh crore. On November 8, 2016, Prime Minister Narendra Modi banned 500 and 1000 notes in the name of eradicating corruption and black money. As of […]
crypto forex and crypto ban RBI and the center have greater actions in line – crypto ban the rbi and the center have greater steps in line
It has been noted that the Union Finance Ministry and the RBI are jointly taking into consideration a total ban on cryptocurrencies in India. Discussions are underway on what to do to finish the ban subsequent the feeling that cryptocurrencies are severely affecting the fiscal security of the region. The government is hoping to observe […]
RBI says increase in number of counterfeit notes; Congress and TMC against Center | demonetisation
New Delhi: The Congress and the Trinamool Congress (TMC) have come out with strong criticism of the central government following the release of the Reserve Bank of India (RBI) report on the rise in the number of counterfeit notes in the country. Critics point to the ban on banknotes by the central government in 2016. […]
India’s Digital Currency Coming Soon | India | Parliament
New Delhi: The Center has said that India’s digital currency is coming soon. The Center has announced that the digital currency will be introduced on the first day of the winter session of Parliament. Despite rumors that the Reserve Bank of India is preparing for the digital currency, this is the first time the Center […]
Bank Holidays October 2021: Banks to remain closed for 21 days. RBI issued full list here | Alert .. !! Bank Holidays October 2021: Banks only work for 10 days in October … !!
New Delhi: Banks are only open for 10 days during the month of October, so customers can avoid the hassle of deciding on bank-related tasks in advance. According to a statement issued by the Reserve Bank of India (RBI), online banking services will be available to customers even if the bank is closed for 21 […]
If there is no cash in ATM, then bank will be fined, RBI’s new rule will be applicable from October 1 l RBI New Rules: Bank will be fined if there is no cash in ATM, new law will come into effect from October
Mumbai: RBI New Rules: People often face difficulties due to unavailability of cash at ATMs. Recognizing this problem, the Reserve Bank of India (RBI) has taken a major decision. According to the new rules, if cash is not available at the ATM, the bank will have to bear the liability. The new rule will be […]