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Deposits exceeds ₹ 5,000 in old ₹ 500 & ₹ 1,000 notes can be made only once per account till Dec 30: RBI [Read Notification]
Yet another move to curb Black Money, the Reserve Bank of India today said in a notification, deposits exceeding Rs 5000 in old 500 and 1000 notes can...
Demonetisation will yield Several Benefits to the Economy in the Medium and Long Term, says FICCI President
“FICCI would urge the Government and RBI to consider bringing down the interest rates that could help stabilise the demand in the economy. A 50 basis points cut in repo rate should be considered by...
RBI gives strict guidelines to account Tax collected by banks at end of March, 2016 for the FY 2015-16 [Read Letter]
The Reserve Bank of India has issued guidelines to ensure that tax collected by banks at the end of March 2016 is accounted for the Financial year 2015-16. In a letter by Deputy General Manager of...
