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November 18, 2016 7:52 AM
Several banks have slashed their Fixed Deposit rates by up to 1 per cent after the surge in deposits following demonetisation.
November 17, 2016 10:10 PM
The Government has hiked the Minimum Support Price (MSP) of wheat by 100 rupees per quintal and pulses by up to 550 rupees a quintal to boost the output of these rabi crops and check prices. This decision was taken in a meeting of Cabinet Committee on Economic Affairs (CCEA) in New Delhi. The CCEA a...
November 17, 2016 10:09 PM
Reserve Bank of India has again clarified that there is no shortage of currency and sufficient notes are being supplied to banks for disbursal, therefore the Central bank requested people not to panic or hoard currency notes. The apex bank further informed that it had increased production of currenc...
November 17, 2016 10:07 PM
The prominent economic and political commentator and convenor of the Swadeshi Jagran Manch (SJM) S Gurumurthy has said, the demonetization move is a bold step long overdue, adding that the action required a bold and courageous Prime Minister and its positive dividends would be known by the end of th...
November 17, 2016 9:59 PM
The government today said, quoting of PAN is mandatory for cash deposits aggregating to 2 lakh 50 thousand rupees or more in bank accounts and it is also mandatory for cash deposit of over fifty thousand rupees in a single day in scheduled or a cooperative bank. Finance Ministry in a statement said,...
November 17, 2016 8:12 PM
The government today said, quoting of PAN is mandatory for cash deposits aggregating to 2.5 lakh rupees or more in bank accounts and it is also mandatory for cash deposit of over fifty thousand rupees in a single day in scheduled or a cooperative bank. Finance Ministry in a statement said, the addit...
November 17, 2016 7:30 PM
Karnataka Chief Minister Siddaramaiah has written to Union Finance Minister Arun Jaitley to allow District Central Co-operative Banks, DCC banks to exchange demonetized bank notes and also accept them as deposits. He noted that all the 21 DCC banks in the state with 706 branches having over 45 lakh ...
November 17, 2016 6:56 PM
The prominent economic and political commentator and convenor of the Swadeshi Jagran Manch (SJM) S.Gurumurthy has said, the demonetization move is a bold step long overdue. In an exclusive interview to Prasar Bharati in Chennai, he said the action required a bold and courageous Prime Minister and it...
November 16, 2016 4:55 PM
China has called for a private bank to be established in the country's struggling northeast as part of a new plan to support economic growth in the region.The State Council, China's cabinet, said that the government will investigate the potential of developing new industries in res...
November 16, 2016 4:54 PM
With an estimated about Rs 4 lakh crore coming into the banking system within a week of demonetisation, Moody's Investors Service today said the trend of significant inflows will continue for the next 3 to 4 weeks. However, Moody's opined that banks' deposit base will witn...
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Last Updated: 9th May 2026
