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This is how much cash the RBI has issued post demonetisation!

Even as banks and ATMs across the country continue to remain dry and millions are cashless, one will believe how much cash the Reserve Bank of India has issued post demonetisation – a huge Rs 4.27 lakh crore.

Old notes worth 11.5 lakhs crore have been deposited in banks

Old notes worth 11.5 lakhs crore have been deposited in banks. Watch this special segment and get to know more here.

ED has started inspection of banks on the deposit of old notes after demonetization

ED has started inspection of banks on the deposit of old notes after demonetization. Watch this special segment and get to know more here.

Demonetisation: ED conducts countrywide enquiry of records in over 50 bank branches

Demonetisation: ED conducts countrywide enquiry of records in over 50 bank branches

The Enforcement Directorate (ED) is conducting enquiry of records in over 50 bank branches across country to check money laundering, hawala dealings.

Government directs banks to install 10 lakh new PoS terminals by March 31

Government directs banks to install 10 lakh new PoS terminals by March 31

Following the demonetisation move and the cash crunch that follow, the government has encourage the public to go cashless, a move that will even prevent corruption.

Here is why Banks employees want to shut shop for 15 days

Here is why Banks employees want to shut shop for 15 days

 Even those handling wads of notes on a daily basis are a harried lot. The reference is to bank employees. The struggle to manage the cash requirement of common public has raised their stress level. They would like the Reserve Bank of India( RBI)to close bank branches until sufficient quantities of currency notes supplies reach banks.

 ATMs in India are susceptible to security breaches: Experts

ATMs in India are susceptible to security breaches: Experts

During the time when people are queuing outside ATMs to withdraw money post demoneetisation, a top executive of Intel Security has issued warning that ATMs are highly susceptible to security breaches in India.

Demonetisation: 27 bank officials suspended, six transferred for violative activities

Demonetisation: 27 bank officials suspended, six transferred for violative activities

According to an official statement from the Finance Ministry, 27 officials of various PSBs have been suspended and 6 officials transferred for involving in transactions violative of RBI instructions related to demonetisation.

Soon, you can withdraw cash from ATM using Aadhaar card!

00 AM for getting detailed updates!

Banks see big rush on pay day; many ATMs still dry

Banks see big rush on pay day; many ATMs still dry

With Thursday being the pay day, banks are gearing up to face a huge rush as people will queue up at branches across the country to withdraw salaries amid the ongoing cash crunch following demonetisation.

Demonetisation: RBI's CRR move to put monthly burden of Rs 1,050 cr on banks

Demonetisation: RBI's CRR move to put monthly burden of Rs 1,050 cr on banks

Reserve Bank's move for banks to maintain excess cash reserve ratio (CRR) requirement is likely to put an additional burden of Rs 1,050 crore on a monthly basis on the banking system, says a report.

Demonetisation: RBI relaxes withdrawal norms, nudges retailers to deposit cash

Demonetisation: RBI relaxes withdrawal norms, nudges retailers to deposit cash

Nudging retailers such as malls and shop owners to deposit their daily collections with banks, RBI has said they would be allowed to withdraw the deposited sum in Rs 2,000 and Rs 500 notes, irrespective of the existing withdrawal limits.

Bank customers can continue to withdraw up to Rs 24,000/week

Bank customers can continue to withdraw up to Rs 24,000/week

Public can continue to withdraw up to Rs 24,000 per week from their bank accounts, including withdrawals from ATM, the Reserve Bank said today.

Arun Jaitley asks banks to promote digital banking in 'mission mode'

Arun Jaitley asks banks to promote digital banking in 'mission mode'

Finance Minister Arun Jaitley on Thursday asked banks to promote digital banking in "mission mode", saying the principal objective of the government's reform is to curtail the use of physical currency.

Demonetisation to have positive impact on economy including GDP: Arun Jaitley

Demonetisation to have positive impact on economy including GDP: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said the government`s demonetisation move is going to have "a positive impact on the economy, including GDP".

Demonetisation: Here's how transaction charge waiver on debit cards will benefit you

Demonetisation: Here's how transaction charge waiver on debit cards will benefit you

Amid the ongoing political outcry over demonetisation, the government on Wednesday announced several steps aimed at helping the cash-hit citizen of the country and  to encourage widespread usage of digital payments post demonetisation.

Remember! You have just one day - November 24 – to use your old Rs 500/1000 notes at public utilities

Remember! You have just one day - November 24 – to use your old Rs 500/1000 notes at public utilities

All those who want to spend their now defunct old currency notes of Rs 500 and Rs 1000 have time till November 24 midnight to use them at public utilities. 

Banks waive MDR for all debit cards till December 31

Banks waive MDR for all debit cards till December 31

Leading banks, including ICICI Bank and HDFC Bank, have waived merchant discount rate (MDR) on debit cards till December 31 to facilitate payments by customers following government's move to do away with the charge levied on merchants.

Delhi hospitals tie up with banks to ease patients' cash crunch

Leading hospitals in the capital such as Sir Ganga Ram Hospital (SRGH) and Ram Manohar Lohia Hospital have tied up with banks and post offices to set up extra counters and collect filled application forms to ease the process of exchanging demonetised Rs 500 and Rs 1,000 currency notes.

Demonetisation: Wedding card, copies of advance payments to caterers required for withdrawing Rs 2.5 lakh for wedding expenses

Demonetisation: Wedding card, copies of advance payments to caterers required for withdrawing Rs 2.5 lakh for wedding expenses

Making rules further stringent for interested parties, Reserve Bank of India (RBI) has made it compulsory to produce wedding card, copies of advance payments made for booking marriage hall and caterers in order to withdraw Rs 2.5 lakh from own accounts.