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Total 140 results found. Search for [ RBI ban ]

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BusinessToday.In
New Delhi, September 12, 2018
The Supreme Court is currently hearing a case between virtual money exchanges and the RBI, and the next hearing on the matter is scheduled for September 17.


Prosenjit Datta
August 31, 2018
The problem is that two big objectives that the Prime Minister had touted in his late evening speech - about catching black money and weeding out fake notes - have been less than successful to say the least.


BusinessToday.in
New Delhi, August 31, 2018
Rupee plunges to record low of 71 against US dollarThe Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, news agency PTI has reported.Rupee is worst performing currency in Asia on year-to-date basis. Rana Kapoor to remain Yes Bank CEO and MD till further notice from RBIPrivate sector lender Yes Bank today said it has received RBI's approval for the ...


BusinessToday.In
August 30, 2018
The Congress chief alleged that money was taken from common people and handed over to crony capitalists under the guise of demonetisation.


BusinessToday.In
New Delhi, August 30, 2018
Cash savings as a percentage of gross national disposable income (GNDI) surged to 2.8% in the last fiscal, according to preliminary data released by the apex bank.


BusinessToday.In
New Delhi, August 30, 2018
The central bank is believed to be squeezing the supply of the Rs 2,000 note to prevent black money hoarders from hoarding the higher-value currency. Large value currency notes are easier to hoard, and can be used for the proliferation of black money.


PTI
New Delhi, August 29, 2018
Chidambaram says every rupee of the Rs 15.42 lakh crore, barring a small sum of Rs 13,000 crore, has come back to the RBI.


BusinessToday.In
New Delhi, August 29, 2018
Because of demonetisation, of the total fake notes detected, the share of such notes detected at the RBI was higher at 36.1 per cent in 2017-18 as compared to 4.3 per cent during the previous year.


BusinessToday.In
New Delhi, August 7, 2018
According to the committee, the RBI should have engaged more in consultations with stakeholders on the matter before resorting to discontinuation of LoU/LoCs [letters of comfort].


Mudit Kapoor
New Delhi, August 1, 2018
Before he became Prime Minister, Narendra Modi vowed to bring all illicit money stashed away in foreign countries, and promised that poor people in the country would get Rs 15 lakh each.


BusinessToday.In
New Delhi, July 31, 2018
Vijay Mallya 'devastated' to lose control of Force India F1 team Liquor barron Vijay Mallya is 'devastated' to have lost control of the Force India Formula One team but the embattled tycoon should still have a say in what happens next, according to his right-hand man Bob Fernley. The Briton, who was deputy team principal until a court-appointed administrator took charge last Friday, told Reuters that Mallya would act in the best interests of a team he acquired in 2007. Mallya...


BusinessToday.In
New Delhi, July 30, 2018
Ever since the banks were stopped from providing financial services to digital exchanges, the trade of Bitcoin through Dabba trading has increased manifold, and the whole purpose of stopping the flow of illicit money seems to have been defeated.


PTI
New Delhi, July 26, 2018
Banga refers to the indictment of 12 Russian intelligence officers in the hacking of the DNC and for interfering in the US elections, saying the FBI had disclosed the Russian agents handled the most delicate transactions using Bitcoin.


BusinessToday.In
New Delhi, July 11, 2018
Back in April, the RBI instructed all entities it regulates to stop dealing with cryptocurrencies, like Bitcoin, in three months. This prevented investors from buying crypto currencies in exchange of rupee. The RBI ban came into effect from July 5.


BusinessToday.In
New Delhi, July 4, 2018
Today we are disabling the rupee deposit and withdrawal options on the Zebpay app. This is being done in light of the bank account closures as per the RBI guideline, says the company.


BusinessToday.In
New Delhi, July 4, 2018
Monthly UPI transactions record fastest growth in six months in June; the Supreme Court has decided it will not stay the regulator RBI's ban on cryptocurrencies and Death Cross has hit gold in India. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, July 3, 2018
The SC is scheduled to hear the petition against the RBI circular on July 20, but had agreed for an early hearing on July 3 on a separate petition filed by Internet and Mobile Association of India, which considers the cryptocurrency exchanges as its members.


BusinessToday.In
New Delhi, June 20, 2018
Data released by the Reserve Bank of India shows an increase in cash withdrawals from automated teller machines (ATMs) by 22 per cent in April from a year ago to Rs 2.6 lakh crore.


BusinessToday.In
New Delhi, June 14, 2018
Facebook has announced a new feedback system for ads; in response to an RTI application by a Delhi lawyer, RBI has confirmed no study or research was done before banning cryptocurrencies and India's current account deficit has trebled to $48.7 billion in fiscal 2017-18 from $14.4 billion in 16-17. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, June 13, 2018
The Reserve Bank of India committee was one of the two panels constituted by the Ministry of Finance to look into cryptocurrencies.


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