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Total 245 results found. Search for [ bank notes finance minister ]

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PTI
New Delhi, September 3, 2018
RBI Governor Urjit Patel decided to follow \"wisdom of an owl\" as he went on to conduct the \"deep surgery\" initiated by his predecessor Raghuram Rajan to clamp down on loan defaulters.


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.


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.


Reuters
August 6, 2018
A decision by the RBI in April that all payments data should, within six months, be stored only in the country for \"unfettered supervisory access\" has led to furious lobbying by global firms that worry it would cost them millions of dollars.


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.


PTI
April 19, 2018



BusinessToday.In
April 18, 2018
While there are many speculations for this shortage, the government and the Reserve Bank have said it's a temporary disruption and normalcy will return within three days. Also, the RBI is ready to go in for a five-fold increase in the printing of Rs 500 notes to deal with cash shortages.


PTI
April 17, 2018



BusinessToday.In
New Delhi, April 17, 2018
The association also claimed people across the country are fearful over the proposed the FRDI (Financial Resolution and Deposit Insurance) bill, 2017, which proposes to create a framework for overseeing financial institutions like banks. It said people are hoarding money, especially Rs 2000 notes, instead of depositing it in banks.


BusinessToday.In
April 17, 2018
Some of the states which are badly affected are Assam, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Rajasthan, Uttar Pradesh and Madhya Pradesh. People in these states are angry as most of the ATMs have gone dry. However, the government claims that there is enough cash with the banks.


BusinessToday.In
April 17, 2018
The cash crunch is back. Only this time it's not due to any note ban. The government has blamed the 'unusual spurt in currency demand' in the country in last three months for the cash shortage. \"In the first 13 days of the current month, the currency supply increased by Rs 45,000 crores,\" a Ministry of Finance circular said.


BusinessToday.In
March 16, 2018
India is the first country to introduce such a system for electoral funding. These bonds are like promissory notes, unlike other debt instruments. The system allows donors to pay political parties with banks as an intermediary. The maiden sale of these bonds started on March 1 for a period of 10 days at the four main branches of State Bank of India in Mumbai, Chennai, Kolkata and New Delhi.


BusinessToday.in
New Delhi, February 15, 2018
On Wednesday the country's fourth largest bank lost nearly 10% of its market cap, around Rs 3,800 crore, following news of a 7-year-old, $1.77 billion (over Rs 11,354 crore) fraud at one of its branches in Mumbai.


PTI
February 6, 2018



Reuters
New Delhi, February 5, 2018
Activity in India's services sector grew at the fastest pace in three months in January, underpinned by a recovery in new orders that prompted companies to sharply increase hiring, a private survey showed on Monday.


BusinessToday.in
New Delhi, January 5, 2018
After the demonetisation move in 2016 and introduction of the new Rs 2000 banknote came news reports that the RBI officials were planning to redesign all existing currency notes gradually.


Mail Today Bureau
January 3, 2018
The electoral bonds are aimed at rooting out the current system of largely anonymous cash donations made to political parties which lead to the generation of black money in the economy.


BusinessToday.in
New Delhi, January 2, 2018
Donors will be able to purchase these bonds through specified branches of the State Bank of India. The bonds will be available for purchase for a period of 10 days in the months of January, April, July, and October.


PTI
January 2, 2018



Dr. Ashwani Mahajan
New Delhi, January 2, 2018
It seems from the earlier budget speeches of the Finance Minister (FM) that he would continue to strive for lower figure of fiscal deficit, even in his budget proposals for the year 2018-19.


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