Banks

Did banks ignore RBI order on Rs 100-ATMs before demonetisation?

In anticipation of the huge demand for lower currency notes, ahead of the demonetisation move, the Reserve Bank of India had asked banks to set up Automated Teller Machines which dispensed only Rs 100 notes.

Nov 14, 2016, 16:58 PM IST

Exemption on old series of Rs 500, Rs 1000 notes for certain categories extended till November 24

Economic affairs secretary Shaktikanta Das on Monday said that government has extended the date of accepting old series of Rs 500 and Rs1000 for certain categories.

Nov 14, 2016, 07:19 AM IST

New currency notes of Rs 500: Key features you need to know

Let's take a look at the features of new Rs 500 notes.

Nov 14, 2016, 04:08 AM IST

PM Narendra Modi holds late night meeting with senior ministers on demonetisation

Prime Minister Narendra Modi held meeting with senior ministers on demonetisation late on Sunday night.

Nov 14, 2016, 02:50 AM IST

ATMs to disburse new currency by early December: Finance Ministry

The Finance Ministry said on Saturday that the ATMs will be able to disburse new currency notes only by early December as recalibration of the machines requires both hardware and software modifications.

Nov 13, 2016, 03:34 AM IST

Demonetisation: Help people standing in queue at banks, Rahul Gandhi tells party workers

A day after standing in a queue at a bank, Congress Vice President Rahul Gandhi on Saturday appealed to his party workers and the youth of the nation to help people standing in queues at banks and ATMs due to the demonetisation move.

Nov 12, 2016, 21:26 PM IST

Watch: People have to wait in long queues at ATM's and banks

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Nov 12, 2016, 16:40 PM IST

Govt extends validity of old notes till Nov 14

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Nov 12, 2016, 14:13 PM IST

Chetan Bhagat demands good execution of demonetisation move, says 'don't use patriotism as excuse for bad operations'

As banks and ATMs on continue to witness chaos, famous novelist Chetan Bhagat on Saturday opined, while demonetisation might be well-intentioned, the poor execution of an idea leads to problems for ordinary citizens.

Nov 12, 2016, 11:45 AM IST

Worried about Demonetisation? Know three ways to go cashless

Don't let demonetisation affect you --here's how you can go cashless.

Nov 12, 2016, 03:57 AM IST

New Rs 2000 notes hit the market: Check out the salient features

Here are the salient features of the new Rs 2000 banknotes.

Nov 12, 2016, 00:55 AM IST

Demonetisation: Railways to accept Rs 500/1000 notes till November 14

Indian Railways tonight extended the use of Rs 500 and Rs 1000 currency notes, which have been demonetised by the NDA government, for ticketing, onboard catering and refund of tickets by another 72 hours to November 14.

Nov 12, 2016, 00:24 AM IST

Report deposits over Rs 2.5 lakh in 50-day window: I-T Department to banks

Moving quickly to plug loopholes, the Income Tax Department has asked banks to report all cash deposits exceeding Rs 2.5 lakh during the 50-day window provided to tender the now-defunct 500 and 1000 rupee notes.

Nov 11, 2016, 22:00 PM IST

New currency notes in ATMs from today

The new hard-to-fake Rs 500 and Rs 2,000 currency notes will be available at bank ATMs when they start operating again from Friday, Finance Secretary Ashok Lavasa said.

Nov 11, 2016, 06:50 AM IST

Demonetisation: ATMs transactions to be operational from today –5 things you must keep in mind

If you are heading towards ATM transactions after the rupee demonetisation, here are five things which you must keep in mind.

Nov 11, 2016, 04:01 AM IST

IMF supports India currency steps to fight corruption

The IMF said today it supports India's efforts to fight corruption through the currency control measures announced this week, but stressed taking care to minimize disruptions in the economy.

Nov 11, 2016, 02:02 AM IST

DNA: India's economic reform after demonetization of 1000 and 500 currency notes

Analyzing India's economic reform after demonetization of 1000 and 500 notes. Watch complete news story of DNA for getting detailed updates!

Nov 11, 2016, 00:05 AM IST

Banks starts exchanging of old notes, run short of Rs 100 denomination

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Nov 10, 2016, 22:50 PM IST

Demenetisation impact: Bank stocks surge up to 12%, PNB zooms 11.9%

Bank stocks rose sharply by up to 12 percent today after the government's decision to withdraw Rs 500 and Rs 1,000 currency notes from circulation to curb black money and terror funding.

Nov 10, 2016, 18:10 PM IST