Reserve Bank India reiterates legal tender status of ₹ 10 coins of different designs It has come to the notice of the Reserve Bank that in certain places there is reluctance on part of traders and members of public to accept ₹ 10 coins due to suspicion about their genuineness. It is clarified that … [Read more...] about Reserve Bank India reiterates legal tender status of ₹ 10 coins of different designs
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RBI
RBI to Introduce Rs.200 Banknote – Image and Salient Features
RBI to Introduce Rs.200 Banknote – Image and Salient Features RBI Introduces Rs.200 Denomination Banknote Reserve Bank says introduction of ₹ 200 notes will facilitate ease of transactions The Reserve Bank of India will issue on August 25, 2017 ₹ 200 denomination banknotes in the Mahatma Gandhi … [Read more...] about RBI to Introduce Rs.200 Banknote – Image and Salient Features
Limit on Cash Withdrawals from SB Accounts raised to 50, 000 per week – RBI
Limit on Cash Withdrawals from SB Accounts raised to 50, 000 per week – Reserve Bank Reserve Bank today announced that the cash withdrawal limits on savings bank account to be raised to Rs 50,000 per week from the existing limit of Rs.24,000 from Feb 20. And also the limits on cash withdrawals … [Read more...] about Limit on Cash Withdrawals from SB Accounts raised to 50, 000 per week – RBI
Involvement of bank officials in money laundering during post monetization
Involvement of bank officials in money laundering during post monetization Press Information Bureau Government of India Ministry of Finance 07-February-2017 16:30 IST Involvement of bank officials in money laundering during post monetization Enforcement Directorate has intimated that bank … [Read more...] about Involvement of bank officials in money laundering during post monetization
No Limit for Cash Withdrawal from ATMs from 2017 February 1 – RBI Circular
No Limit for Cash Withdrawal from ATMs from February 1 – RBI Circular Limits on Cash withdrawals from Bank accounts and ATMs – Restoration of status quo ante RESERVE BANK OF INDIA www.rbi.org.in RBI/2016-17/217 DCM (Plg) No. 2905/10.27.00/2016-17 January 30, 2017 The Chairman / Managing … [Read more...] about No Limit for Cash Withdrawal from ATMs from 2017 February 1 – RBI Circular