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RBI allows NRIs to exchange defunct notes up to June 30 RBI allows NRIs to exchange defunct notes up to June 30

The Reserve Bank of India (RBI) has come out with conditions for exchange of defunct notes for those, including non-resident Indians, who failed to do so till Friday, the last day for depositing the invalid currency notes in banks.

State Bank of India cuts lending rate by 0.9% across maturities State Bank of India cuts lending rate by 0.9% across maturities

State Bank of India, the country`s biggest lender by assets, said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.

Now you can withdraw Rs 4,500 per day from ATMs as RBI increases cash withdrawal limit Now you can withdraw Rs 4,500 per day from ATMs as RBI increases cash withdrawal limit

Now one can withdraw more from cash from banks ATMs. The Reserve Bank of India, via a circular on Friday, had announced increase in cash withdrawal limit per day per card from ATMs from January 1, 2017 .

No need to submit form for NPS account if opened via Aadhaar No need to submit form for NPS account if opened via Aadhaar

Simplifying the process, pension fund regulator PFRDA has dispensed with the requirement of submission of physical application form for NPS account opening if done through Aadhaar verification and e-Signature.

Jan Dhan Account deposits double to Rs 87K cr, I-T department dissects deposits movement Jan Dhan Account deposits double to Rs 87K cr, I-T department dissects deposits movement

Deposits in Jan Dhan account have more than doubled to Rs 87,000 crore in 45 days post demonetisation, prompting the tax department to "dissect" information relating to such deposits, a top government official said.

Double I-T exemption limit to Rs 5 lakh: Deloitte survey Double I-T exemption limit to Rs 5 lakh: Deloitte survey

Finance Minister Arun Jaitley should double the basic income tax exemption limit to Rs 5 lakh per year and raise the ceiling for claiming deduction under Section 80C to Rs 2.50 lakh, according to a survey by tax consultant Deloitte.

Demonetisation: Deadline to deposit the junked Rs 500, Rs 1,000 notes in banks ends Demonetisation: Deadline to deposit the junked Rs 500, Rs 1,000 notes in banks ends

People still have time to exchange the currency notes at designated RBI counters till March 31 after giving valid reasons for not depositing defunct notes in their accounts by December 30.

Owning Rs 500, Rs 1,000 old notes illegal; President promulgates Ordinance criminalising ownership of such note Owning Rs 500, Rs 1,000 old notes illegal; President promulgates Ordinance criminalising ownership of such note

President Pranab Mukherjee on Friday promulgated the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016, which criminalises holding of Rs 5,00 and Rs 1,000 notes, and makes holding, transferring and receiving of these specified bank notes illegal and punishable with imposition of penalty.

Is this the new Rs 1000 note to be launched by RBI soon? Is this the new Rs 1000 note to be launched by RBI soon?

Just a few days ago of the demonetisation of rupees 5,00 and 1,000 notes, Twitter was abuzz with images of the pink coloured Rs 2000 note bundles.

Now people can do banking with thumb using BHIM app, says PM Modi at Digi Dhan Mela Now people can do banking with thumb using BHIM app, says PM Modi at Digi Dhan Mela

Prime Minister Modi is soon going to announce lucky draws for boosting cashless transactions.

Cannot disclose reasons behind demonetisation: RBI Cannot disclose reasons behind demonetisation: RBI

The information was sought by an RTI activist Venkatesh Nayak.

Demonetisation: Last day to deposit old Rs 500, Rs 1,000 notes today Demonetisation: Last day to deposit old Rs 500, Rs 1,000 notes today

While many expect the government to extend the deadline of December 30 for deposit of invalid Rs 500 and Rs 1,000 notes, the government has time and again reiterated that it has no plans to do the same.

Ordinance on demonetisation: No jail term for holding old notes; minimum fine to be Rs 10,000 Ordinance on demonetisation: No jail term for holding old notes; minimum fine to be Rs 10,000

The Ordinance approved by the Union Cabinet on Wednesday to make holding of old 1,000 and 500 rupee notes after March 31 beyond a threshold amount a criminal offence will attract a minimum monetary fine of Rs 10,000.

Demonetisation: Today is the last day to deposit old Rs 500, Rs 1,000 notes Demonetisation: Today is the last day to deposit old Rs 500, Rs 1,000 notes

As the 50-day deadline for completion of demonetisation process draws near, people have just Friday to deposit old Rs 500, Rs 1,000 notes, pinning their hope on an extension of the date.

No cash payment in demonetised notes for PMKGY after Dec 30: IT official No cash payment in demonetised notes for PMKGY after Dec 30: IT official

No one will be able to pay tax, surcharge, penalty and deposits under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) scheme in demonetised notes after December 30, even though the scheme will continue till March 31, 2017, an Income Tax official said on Wednesday.

Demonetisation: Borrowers get additional 90 days to repay loans Demonetisation: Borrowers get additional 90 days to repay loans

In view of cash crunch being faced by borrowers, the RBI on Wednesday provided additional 90 days for repayment of housing, car, farm and other loans worth up to Rs 1 crore.

Ordinance on demonetisation gets Cabinet nod; persons with old notes to be penalised Ordinance on demonetisation gets Cabinet nod; persons with old notes to be penalised

The Union cabinet on Wednesday approved the Ordinance on deadline to deposit old notes.

ICICI Bank launches mobile app Eazypay for instant cashless payments ICICI Bank launches mobile app Eazypay for instant cashless payments

Eazypay offers customers the improved convenience of paying by using their mobile phone through Unified Payment Interface (UPI), any credit or debit card or Internet banking.

Possession of more than 10 old notes after Dec 30 may attract minimum Rs 50,000 penalty Possession of more than 10 old notes after Dec 30 may attract minimum Rs 50,000 penalty

With the old Rs 500 and Rs 1000 currency notes set to become completely illegal post December 30, the government is likely to come up with a new ordinance in regards to the usage of the old notes.

PFRDA mulls various withdrawal options to optimise pension PFRDA mulls various withdrawal options to optimise pension

In its bid to optimise the retirement income of the New Pension System (NPS) members, PFRDA is exploring alternative mechanisms for introducing different variants of the withdrawal options, a senior official said.