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RBI regulations on treatment of certain balance sheet items
Valuation of AssetsReserve Bank of India (RBI) has reviewed the capital requirement position of all Scheduled Commercial Banks including the Public Sector Banks (PSBs) and aligned, to some extent, the...
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Measures by RBI absorb excess liquidity in banks post demonetisation
Measures to absorb the excess liquidity in the banks post demonetisationReserve Bank of India (RBI) has taken several measures to absorb the excess liquidity in the banks’ post demonetisation. It has...
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Demonitization- Benefits, Higher withdrawal limits & steps by RBI to ease problems
DemonitizationBanks staff had worked extra hours to handle the increased volume of work due to demonetisation of bank notes of Rs. 500 and Rs.1000 with effect from November 8, 2016.Whenever complaint...
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Demonetisation is a step in direction of less cash economy: FM
Press Information BureauGovernment of IndiaMinistry of Finance13-December-2016 15:57 ISTTranscription of the Finance Minister’s Statement made to media todayThe Congress party was in power for 10 year...
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Promotion of cashless transactions in CBSE affiliated schools
CBSE/SECY/SPS/2016/December 10, 2016Subject: Promotion of cashless transactions in the CBSE affiliated schoolsThe benefits of cashless transactions are enormous and the CBSE has introduced e-payment f...
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Updated FAQs on withdrawal of Rs. 500 & Rs. 1000 Banknotes
FAQs on withdrawal of Rs. 500 & Rs. 1000 Banknotes (13.12.2016) 1. Why is this scheme introduced?The incidence of Indian currency notes in higher denomination has increased. For ordinary persons, the...
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Awareness Programme by RBI post demonetization
Press Information Bureau Government of India Ministry of Finance 09-December-2016 17:53 IST Awareness Programme by RBI post demonetization Following the cancellation of legal tender character of old b...
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Govt decisions to help farmers after demonetization
Press Information BureauGovernment of IndiaMinistry of Finance09-December-2016 17:54 ISTHelp to farmers after demonetizationGovernment has taken several decisions to aid the farmers in the current Rab...
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Govt withdraws few exemptions given for use of Rs. 500/- old notes
Press Information BureauGovernment of IndiaMinistry of Finance09-December-2016 18:23 ISTGovernment withdraws exemptions given for the use of Rs. 500/- old notes, from the mid night of December 9, 2016...
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Demonetisation to deal with problem of Counterfeit notes & Black Money
Transcript of Statement made by Shri R. Gandhi, Deputy Governor on DemonetisationThere have been several questions about the decision to withdraw the legal tender status of the ₹ 1000 and the old seri...
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Updated FAQs on withdrawal of Rs. 500 & Rs. 1000 Banknotes
FAQs on withdrawal of Rs. 500 & Rs. 1000 Banknotes (07.12.2016) 1. Why is this scheme introduced?The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons,...
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Measures to Counter effects of currency demonetization on crop sowing
GOVERNMENT OF INDIAMINISTRY OF AGRICULTURE AND FARMERS WELFARERAJYA SABHASTARRED QUESTION NO-183ANSWERED ON-02.12.2016Countering the effects of demonetization of currency notes on crop sowing183 . Shr...
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CIBIL Report one of the factors to be considered before granting any loan
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2989ANSWERED ON: 02.12.2016CIBIL ReportPRATAPRAO GANPATRAO JADHAVAJAY NISHAD RAM TAHAL CHOUDHARYWill the Minister FINANCEofbe plea...
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CVC Investigation against Bank Fraud
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2824ANSWERED ON: 02.12.2016CVC Investigation against Bank FraudHARI BABU KAMBHAMPATIWill the Minister FINANCEofbe pleased to state...
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Govt investigating Gold sale at Premium after Demonetisation
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2948ANSWERED ON: 02.12.2016Gold Price after DemonetisationT. RADHAKRISHNANSUDHEER GUPTA MANOJ KUMAR TIWARI SUNIL BALIRAM GAIKWAD G...
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Why Govt issued Rs. 2000 Bank notes
GOVERNMENT OF INDIA MINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2845ANSWERED ON: 02.12.2016Impact of DemonetizationMD. BADARIDDOZA KHANBHOLA SINGHP.K.SREEMATHI TEACHERN.K. PREMACHANDRANPREM DAS...
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Decision to publish details of Loan Defaulters lies with Bank not Govt
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2944ANSWERED ON: 02.12.2016Photograph of Loan DefaultersM. B. RAJESHLAXMI NARAYAN YADAV CHANDRAKANT BHAURAO KHAIREWill the Ministe...
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No proposal to increase limit on deposit in PMJDY Deposit a/c
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2847ANSWERED ON: 02.12.2016PMJDY DepositsSHER SINGH GHUBAYAMUKESH RAJPUT JAYAKUMAR JAYAVARDHAN RAVINDRA KUMAR RAY DHANANJAY BHIMRA...
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Government receives Rs. 66,000 crore surplus from RBI
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2863ANSWERED ON: 02.12.2016Surplus from RBIG. HARIWill the Minister FINANCEofbe pleased to state:-(a) Whether the Government has r...
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Govt sets up Special Cell to Monitor Fake Currency
GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHAUNSTARRED QUESTION NO: 2939ANSWERED ON: 02.12.2016Special Cell to Monitor Fake CurrencyPRITAM GOPINATH MUNDESHRIKANT EKNATH SHINDE DHARMENDRA YADAV CHAND...