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Workers say no to overtime at currency printing press in Bengal

A section of employees of the currency printing press at Salboni in West Bengal has informed the authorities that they will not be working...

Currency worth Rs 5.92 lakh crore issued since demonetisation: RBI

The Reserve Bank on Wednesday said banks have issued currency worth over Rs 5.92 lakh crore to the public since the demonetisation of old...

Demonetisation: Japanese brokerage Nomura growth indices plunge to lowest level since...

Confirming fears of demonetisation move hitting growth, Japanese brokerage Nomura on Wednesday said its proprietary indices have dipped to the lowest levels since 1996,...

Congress calls RBI Reverse Bank of India, says federal bank changed...

Congress on Wednesday launched a blistering attack on the central government and the Reserve Bank of India calling the latter Reverse Bank of India...

RBI changing rules like PM Modi changes his clothes: Rahul Gandhi

In yet another swipe at Prime Minister over demonetisation after RBI announced restrictions on depositing scrapped Rs 500 and Rs 1,000 notes, Rahul Gandhi...

Enough currency with RBI to last beyond 30 December, says Arun...

The Reserve Bank was fully prepared to deal with currency shortages post demonetisation and has enough currency in its chests to last "far beyond"...

On 8 Nov, RBI had only Rs 4.94 lakh cr in...

On the day Prime Minister Narendra Modi announced scrapping of Rs 1,000 and Rs 500 notes, RBI had only Rs 4.94 lakh crore in...

Cash crunch to normalise by Feb 2017: Report

Around 75 per cent of the total value of scrapped notes is expected to be back in the system by January-end and complete normalcy...

RBI governor to brief Parliamentary panel on demonetisation

Reserve Bank Governor Urjit Patel will on December 22 brief the Parliamentary Committee on Finance about the demonetisation process and its impact. "Briefing by the...

People have lost faith in RBI, banking system: Anand Sharma

Congress today targeted RBI and banks in the country, saying people have "lost faith" in the "banking system" after Prime Minister Narendra Modi's "disastrous...

2 RBI officials arrested for allegedly exchanging old notes worth 1.99...

Two officials working in the cash department of Reserve Bank of India in Bengaluru were arrested today in connection with alleged conversion of Rs....

Govt has stepped up printing of Rs 500 notes: Finance Ministry

Finance Ministry on Thursday exuded confidence that supply of new currency notes will considerably improve in next 2-3 weeks even as it asked the...

Delhi HC to hear pleas against demonetisation on 22 December

Delhi High Court on Wednesday adjourned till 22 December the hearing on pleas challenging the demonetisation move after it was informed that the Supreme...

ED seizes Rs 93 lakh in new currency; senior RBI official...

The Central Bureau of Investigation (CBI) arrested a senior Reserve Bank of India (RBI) official in Bengaluru on Tuesday after the Enforcement Directorate (ED)...

After Rs 500 and Rs 2000, RBI to issue new 20-rupee,...

The Reserve Bank of India (RBI) on Sunday announced that it would issue new notes of Rs 20 and Rs 50. According to reports, new...

Bank unions seek Arun Jaitley’s intervention to end cash crunch

Two large bank unions have demanded immediate intervention of Finance Minister Arun Jaitley in ending the acute cash shortage in the system following the...

Banks with currency chest need to boost supply for crop: RBI

The Reserve Bank on Friday nudged banks managing currency chests to engage district co-ordinators of state level bankers’ committee to ensure fair and even...

RBI limits withdrawal from Jan Dhan accounts to Rs 10K in...

To check the misuse of Jan Dhan accounts by black money hoarders, Reserve Bank has restricted the withdrawal from such accounts to Rs 10,000...

Govt not mulling 30 Dec cut-off extension for cash deposits

Government on Tuesday said sufficient cash is available with RBI and banks, and it is not considering extending the deadline of 30 December for...

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...