Page 291 - Finance News

Start exchanging Rs 2,000 notes from today; how to do it and other details

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

Flows into NRIs deposits in India top $8-billion mark in 2022-23

However, the outstanding NRI deposits fell from $139.02 billion at the end of March 2022 to $137.88 in March 2023

Indians sent $27.14 bn abroad under LRS in FY23, up nearly 40% YoY

Reflecting buoyancy in travel and spending on relatives, outward remittances surged substantially for the second year on the trot

RBI Governor addresses PSU banks' board members of on governance, ethics

Reserve Bank Governor Shaktikanta Das on Monday met the board of directors of all public sector banks to discuss issues related to governance and ethics.

Paytm Money launches bond Investing on platform for retail investors

Bonds on Paytm money app present investors with all information on one platform, and converts everything to yield so investors can analyse and understand the returns they can earn, the company said.

Rs 2,000 note withdrawn: How important was the note for the Indian economy?

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

RBI asks banks to keep daily data on exchange, deposit of Rs 2,000 notes

Banks will have to submit the data 'as and when called for', says central bank in notification

Provide adequate infra at branches for Rs 2,000 note exchange: RBI to banks

RBI governor Shaktikanta Das said that after September 30, the further decision will be taken based on the number of notes deposited

SBI slow in procurement from GeM portal; lags behind smaller counterparts

India's largest lender SBI was quite slow in procuring goods and services from govt-owned GeM portal in 2022-23 and lagged behind smaller counterparts, including Canara Bank and Punjab National Bank

State Bank of India sets Rs 2,000 currency note exchange cap at Rs 20,000

No form or identity proof needed to exchange Rs 2,000 notes, says SBI

What to do if a bank refuses to exchange or accept your Rs 2,000 note?

Can a bank refuse to accept or exchange your Rs 2,000 currency not? Here's all you need to know

Public sector banks' total profit crosses Rs 1 trn-mark in 2022-23

Public sector banks' cumulative profit crossed the Rs 1 trn-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total earnings

Here's what RBI's decision to scrap the Rs 2,000 note mean for the economy

"It will not create any big disruption, as the notes of smaller quantity are available in sufficient quantity but small businesses and cash-oriented sectors could see inconvenience in the near term"

Here's why RBI has withdrawn Rs 2,000 notes and what you should do next

The RBI said that it is a routine exercise and people need not panic

Top Headlines: Rs 2,000 notes withdrawn, firms on wait-&-watch mode & more

Catch live updates from across the globe here

'Rs 2,000 notes withdrawal will help curb black money to great extent'

Former Reserve Bank Deputy Governor R Gandhi on Friday said withdrawal of the Rs 2,000 bank notes will help in curbing black money to a great extent

RBI withdraws Rs 2,000 currency notes: Here's all you need to know

Rs 2,000 notes with public can be deposited in bank accounts or exchanged at banks and RBI's 19 Regional Offices

No TCS on overseas payment via international credit, debit cards: FinMin

The government on Friday said no TCS will be levied on international spending of up to Rs 7 lakh a year by using debit or credit cards

Rs 2,000 note withdrawn from circulation, to remain legal tender

The RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect

RBI to transfer Rs 87,416 crore to Centre as surplus for the year 2022-23

RBI dividend payout: In 2021-22, it had transferred Rs 30,307.45 crore to the Centre