In a similar move, The RBI had given the HDFC Bank the permission to increase its take in HDFC Life Insurance and HDFC Ergo General Insurance beyond 50 per cent
Rs 75 coin: The face of the coin will bear the Lion Capitol of Ashoka Pillar in the centre with 'Satyameva Jayate' inscribed below it
RBI Deputy Governor M K Jain's term will end on June 21, 2023 after a five-year tenure
MDR is a fee charged to a merchant for the payment processing of debit and credit card transactions. It is also referred to as the transaction discount rate (TDR)
Three out of 12 PSBs namely SBI, Bank of Baroda, and Canara Bank, declared a three-digit dividend during the year
India's central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish banking liquidity that's expected to tighten later in the year, according to a top banker.
The net FDI also witnessed a decline of nearly 27 per cent to $28 billion in 2022-23 as against $38.6 billion a year ago
India has already had Rs 10,000 notes as its highest denomination in the past
From setting aside Shelly Oberoi's decision for a repoll to granting permission to NDTV founders to travel abroad, here are some of the cases heard by the Delhi High Court on Tuesday
The bank customers can also deposit the Rs 2,000 notes in their bank accounts and withdraw them from an ATM or bank branch later
The Rs 2,000 note was introduced in 2016 after PM Modi announced demonetisation of Rs 500 and Rs 1,000 currency notes on November 8, 2016
Banks will have to submit the data 'as and when called for', says central bank in notification
RBI governor Shaktikanta Das said that after September 30, the further decision will be taken based on the number of notes deposited
Can a bank refuse to accept or exchange your Rs 2,000 currency not? Here's all you need to know
Haryana's Home Minister Anil Vij has said that those who accumulated Rs 2,000 currency notes illegally are the ones crying over the Reserve Bank of India's decision to withdraw them from circulation
'There will be no impact as these notes are not largely used for transactional purposes anyway'
Up to Rs 20,000 exchange allowed at a time until September 30
Rs 2,000 notes with public can be deposited in bank accounts or exchanged at banks and RBI's 19 Regional Offices
The RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect
This is not the first time that the RBI has paid a windfall surplus to the Centre