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The Reserve Bank of India (RBI) has given updates on the state of currency and coins in its latest annual report. The withdrawal process for Rs 2000 notes was done last year. By March 2025, 98.2% ...
India TV Fact Check: A viral claim on social media suggests that the RBI is planning to withdraw the Rs 500 note. Let's uncover the truth behind this circulating rumour.
Mumbai: More ATMs across India are now giving out Rs 100 or Rs 200 notes, making it easier for people to get smaller change. This is happening ahead of the Reserve Bank of India’s (RBI) rule ...
Rising asset quality on top of board's mind, HDB says ahead of IPO There are concerns over the impact of a draft RBI circular requiring banks to reduce their stakes in NBFC arms engaged in similar ...
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Are Rs 500 currency notes going to be phased out by 2026? Here’s what government has said - MSNThe circular further states, “By September 30, 2025: 75% of all ATMs shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette. By March 31, 2026: 90% of all ATMs ...
The latest rules suggest that the bank will make available the facility of updation of KYC for activation of inoperative accounts and unclaimed accounts at all branches including non-home branches.
RBI Governor Sanjay Malhotra on Friday said the central bank is concerned about cryptocurrencies as it can hamper financial stability.
A viral video has wrongly claimed that the Reserve Bank of India will phase out Rs 500 notes by March 2026. The Finance Ministry and RBI have denied the rumour, clarifying that the currency ...
Analysts expect the consolidation phase to continue as all eyes are now on tomorrow’s RBI policy outcome. The markets expect the central bank to announce a 25 bps rate cut.
Notably, on March 4, 2021, the Supreme Court struck down an RBI circular issued on 6 April 2018, which had barred banks and regulated entities from offering services related to virtual currencies.
It was 2011, a year deeply etched in Tiruppur’s memory. The Madras High Court, after hearing a contempt petition, delivered a landmark judgment, ordering the closure of all dyeing and bleaching units ...
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