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Bank deposit base News

17 Nov 2016

Demonetisation: Farmers can draw Rs 25,000 per week against crop loan, kissan credit card

Coming to the rescue of the farmers who are facing huge cash crunch following PM Modi's decision to demonetise the high value currency notes, Finance Ministry on Thursday said that they can draw upto Rs 25,000 a week.

17 Nov 2016

Demonetisation: New Rs 500 notes in Odisha from today

Reserve Bank of India, Bhubaneswar has said new Rs 500 notes will be available in different bank counters across Odisha from Thursday and urged people to ignore rumours on circulation of fake Rs 10 coins.

16 Nov 2016

Demonetisation: Bank deposit to see sharp decline once withdrawal norms ease

With about Rs 4 lakh crore coming into the banking system within a week after demonetisation, Moody's Investors Service on Wednesday cautioned that banks' deposit base will witness a "sharp decline" as and when the current restriction on cash withdrawals eases.

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