While a youth managed to flee, another who was identified as Ramdayal (26) was arrested after Rs 4.06 lakh of FICN was recovered from him.
Aug 04, 2017, 11:55 AM IST
In view of heightened threat perception, the Reserve Bank of India has initiated an exercise to upgrade measures for secured storage and movement of currency at over 4,000 chests across the country.May 14, 2017, 18:12 PM IST
A sixteen member gang was arrested on Tuesday for trying to exchange old currency to new denominations.Mar 14, 2017, 15:04 PM IST
The income tax department will be going easy for cash deposits up to Rs 5 lakh made by 70-plus people. This means no further verification will be required in such case.Feb 22, 2017, 14:55 PM IST
Finance Minister Arun Jaitley on Wednesday said the currency is in surplus and the ministry is monitoring status of ATMs onm a daily basis to sort out operational issues.Feb 15, 2017, 21:54 PM IST
According to the data released by the Reserve Bank of India, deposits in banks jumped by 0.64 percent in the fortnight to January 6 after falling in the previous 14 days.Jan 19, 2017, 17:46 PM IST
A day after the employee unions of the Reserve Bank of India expressed their resentment against alleged interference of the government in the central bank`s affairs, the Finance Ministry on Saturday said that it fully respects its autonomy.Jan 14, 2017, 19:44 PM IST
Cash withdrawal limit from ATMs increased to Rs 4,500 from Rs 2,500, effective January 1Dec 30, 2016, 23:54 PM IST
Union Finance Minister Arun Jaitley said that from Saturday onwards, the entire currency in circulation will be legitimate, Friday being the last day to deposit the demonetised Rs 500 and Rs 1,000 notes in banks.
Alison Saldanha/IndiaSpend/IANSDec 29, 2016, 10:19 AM IST
The Reserve Bank of India has infused more than Rs 5 trillion (USD 73.66 billion) of currency notes into the banking system since Nov 8.Dec 15, 2016, 18:42 PM IST
RBI governor Urjit Patel during his address of credit policy said that there is no shortage of currency supply from RBI. Watch the full segment for more details.Dec 07, 2016, 19:16 PM IST
Some disruption is bound to be created due to demonetisation but long term advantages are huge, Finance Minister Arun Jaitley said on Friday.Dec 02, 2016, 10:34 AM IST
In a bid to take part in the demonetisation survey and answer 10 questions posed by the PM, download the Narendra Modi App.
Nov 22, 2016, 13:09 PM IST
Markets may see volatile trading sessions this week amid derivatives expiry, while currency demonetisation and Parliament proceedings would continue to impact sentiment, say experts.Nov 20, 2016, 19:14 PM IST
The Narendra Modi government is trying hard to dispel myths.Nov 17, 2016, 11:01 AM IST
Railways on Monday extended the use of defunct Rs 500 and Rs 1000 currency notes, which have been demonetised by the Modi government, to purchase tickets and for onboard catering till November 24.Nov 14, 2016, 19:30 PM IST
Government is looking into sudden 'propping up' of money into zero-balance Jan Dhan accounts, after an unprecedented Rs 2 lakh crore of cash flooded the banking system within just two days of demonetisation of high value currency.Nov 12, 2016, 19:09 PM IST
Currency printing presses are running at "full capacity" to sustain demand for new notes, RBI said on Saturday, while asking people to switch to other modes of payment such as debit and credit cards to reduce strain on bank branches.Nov 12, 2016, 18:59 PM IST
PM Narendra Modi had on Tuesday announced that hospitals, railway, bus and airlines ticket counters will continue to accept Rs 500 and Rs 1,000 notes for the next 72 hours.Nov 09, 2016, 18:40 PM IST