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News with tag Reserve Bank  RSS
Banks Have Received $80 Billion In 500, 1,000 Rupee Notes, Says RBI

Added: 23.11.2016 3:09 | 452 views | 0 comments

NEW DELHI: The Reserve Bank of India today said banks have received 5.45 trillion rupees or 80 billion dollars in 500 and 1000 rupee notes from November 10 to 18, after the government decided to withdraw high value bills to eliminate black or untaxed money and counterfeit currency. The amount includes 5.12 trillion rupees ($75.1 ...

From: theyamtimes.com

Govt allows one time exchange of old notes up to Rs 2,000 over bank counters; window open till December 30

Added: 20.11.2016 3:26 | 162 views | 0 comments

The noose is getting tighter on those who are trying all possible means available to convert black money into white. The Reserve Bank of India on Friday announced that it will limit exchange of old notes into new ones at bank counters only once till December 30. The norm comes into effect starting Friday, November 18.

From: zeenews.india.com


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