Page 295 - Finance News

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Here's why RBI has withdrawn Rs 2,000 notes and what you should do next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Top Headlines: Rs 2,000 notes withdrawn, firms on wait-&-watch mode & more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Rs 2,000 note withdrawn from circulation, to remain legal tender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

Expect RBI to start rate cuts by end of FY24: HDFC Bank chief economist

Abheek Barua said that the Indian economy is expected to grow at 4.4% in the quarter ended March 31

JCB partners with NPCI to offer 40% cashback for RuPay JCB cardholders

All RuPay JCB Debit & Credit Cardholders will be offered 40% cashback on in-store purchases in the UAE, Thailand, Malaysia and Spain

RBI dividends to Centre may double due to gains, aiding fiscal gap

The RBI board is set to meet on Friday as early signs of slowing growth emerge with elevated interest rates and falling global demand

Well-equipped to deal with ECL framework: SBI Chairman Dinesh Khara

Non-NPA provisions of bank over Rs 35,500 crore

Changes in FEMA rules to bring parity in treatment of overseas spending

It said that instances came to notice of the tax authorities that remittances under LRS by some individuals were 'disproportionately high' to their disclosed sources of income

Paytm partners with SBI Card, NPCI to launch co-branded RuPay credit cards

Payments and financial services company Paytm on Thursday announced that it has partnered with SBI Card to launch Paytm SBI Card on the RuPay network

Paytm partners with SBI Card and NPCI to launch Paytm SBI Card on RuPay

Earlier this year, the Reserve Bank of India allowed users to link RuPay credit cards to the United Payments Interface

Business trips to be exempted from LRS changes, says finance ministry

Clarification on travel, education and medical treatment expenses to be issued later

DPIIT takes up startup taxation issue with finance ministry: Secretary

The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of startups with the finance ministry, a top government official has said