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Page 10 - Demonetisaton

Fresh curbs on deposits above Rs 5,000: All you should know

The RBI said these restrictive conditions would apply on cumulative deposit of notes in a single account if it exceeded Rs 5,000

Fresh curbs on deposits above Rs 5,000: All you should know
Updated On : 20 Dec 2016 | 9:43 AM IST

Demonetisation: UP MSMEs bracing up for 'less-cash' biz environment

MSME bodies have started holding training workshops and seminars on the issue, which is likely to impact the way business deals and trade are conducted in future

Demonetisation: UP MSMEs bracing up for 'less-cash' biz environment
Updated On : 19 Dec 2016 | 9:08 PM IST

Rs 30 lakh in new Rs 2,000 notes seized, four detained

Nashik police seize Rs 17.40 lakh from a man in Wadalagaon, Rs 13 lakh from three men at a garden; all accused held

Rs 30 lakh in new Rs 2,000 notes seized, four detained
Updated On : 19 Dec 2016 | 7:20 PM IST

Assam offers 1.5% off on petrol, diesel bought via e-mode

State also offers 10% discount on e-payment of govt hospitals bills, wage transfers to bank accounts held by tea garden workers

Assam offers 1.5% off on petrol, diesel bought via e-mode
Updated On : 19 Dec 2016 | 6:19 PM IST

Thanks to 'frantic printing', cash crunch to normalise by February: SBI research report

As per the SBI research report, post demonetisation, there has been a 7 per cent jump in small denomination currency share in overall currency

Thanks to 'frantic printing', cash crunch to normalise by February: SBI research report
Updated On : 19 Dec 2016 | 4:33 PM IST

Cash crunch takes its toll on ecommerce, Buildzar shuts down

The team then struggled to raise a series A round, reports Tech in Asia

Cash crunch takes its toll on ecommerce, Buildzar shuts down
Updated On : 19 Dec 2016 | 4:11 PM IST

Note ban: PM Modi silent on gains, hints pain may last little longer

PM today seemed to be suggesting that the pain might last a little bit longer

Note ban: PM Modi silent on gains, hints pain may last little longer
Updated On : 19 Dec 2016 | 3:44 PM IST

Full text: RBI caps deposits exceeding Rs 5,000 to just one before 30 Dec

The new restrictions are meant to encourage deposits of demonetised currency notes under the Taxation and Investment Regime for the Pradhan Mantri Garib Kalyan Yojana, 2016.

Full text: RBI caps deposits exceeding Rs 5,000 to just one before 30 Dec
Updated On : 19 Dec 2016 | 2:38 PM IST

RBI governor to brief Parliamentary panel on demonetisation

Urjit Patel will meet the committee on December 22

RBI governor to brief Parliamentary panel on demonetisation
Updated On : 18 Dec 2016 | 9:29 PM IST

Post-demonetisation, Indian Bank mobilised Rs 29,115 cr deposits

The lender met the payment needs of customers in 2.11 crore transactions with a total amount of Rs 10,986 cr

Post-demonetisation, Indian Bank mobilised Rs 29,115 cr deposits
Updated On : 18 Dec 2016 | 6:44 PM IST

Lanura beats cash crunch, becomes first to go cashless in Jammu and Kashmir

The government has been pushing for digital transactions with Modi appealing people to move to a cashless economy

Lanura beats cash crunch, becomes first to go cashless in Jammu and Kashmir
Updated On : 18 Dec 2016 | 5:42 PM IST

Shiv Sena corners PM Modi, says attacks have increased in Jammu post demonetization

Shiv Sena leader Sanjay Raut said that attacks have increased in the valley post the government's demonetisation drive

Shiv Sena corners PM Modi, says attacks have increased in Jammu post demonetization
Updated On : 18 Dec 2016 | 5:12 PM IST

Simple 2-page form to be filled for declarations under PMGKY

Only thing required is details of bank and/or post office accounts where the cash has been deposited post demonetisation

Simple 2-page form to be filled for declarations under PMGKY
Updated On : 18 Dec 2016 | 2:08 PM IST

FPI bearish stance continues; net outflow at Rs 19,500 cr

The pullout by FPIs started in October 2016 following uncertainty over US election results

FPI bearish stance continues; net outflow at Rs 19,500 cr
Updated On : 18 Dec 2016 | 1:47 PM IST

Coal imports may remain weak in December on notes ban, firm prices

Import of coal (all types) in November 2016 stood at 14.11 MT (provisional) against 16.87 MT in November 2015

Coal imports may remain weak in December on notes ban, firm prices
Updated On : 18 Dec 2016 | 1:16 PM IST

Embarrassed, upset over handful of employees: Axis Bank's Shikha Sharma

The Income Tax Department had last week conducted a raid at an Axis Bank branch in Noida

Embarrassed, upset over handful of employees: Axis Bank's Shikha Sharma
Updated On : 18 Dec 2016 | 1:09 PM IST

Income Tax department seizes Rs 66 lakh cash in new Rs 2000 notes in Hyderabad

The first incident, that occurred on the night of December 16, was reported at the Telugu Academy in Himayatnagar

Income Tax department seizes Rs 66 lakh cash in new Rs 2000 notes in Hyderabad
Updated On : 18 Dec 2016 | 12:11 PM IST

I-T dept seizes Rs 10.50 cr assets from 'chaiwala' turned financier

The officials said that expected seizure of assets may increase

I-T dept seizes Rs 10.50 cr assets from 'chaiwala' turned financier
Updated On : 18 Dec 2016 | 12:03 PM IST

Even if 15-20% of transactions are cashless, it will be an achievement: MoS Gangwar

MoS Gangwar said cashless transactions will be an effective way to attain transparency

Even if 15-20% of transactions are cashless, it will be an achievement: MoS Gangwar
Updated On : 18 Dec 2016 | 10:49 AM IST

To cash in on 'less-cash', e-wallets enhance security features

Digital wallets have gained momentum with the withdrawal of Rs 500 and Rs 1,000 notes

To cash in on 'less-cash', e-wallets enhance security features
Updated On : 18 Dec 2016 | 10:27 AM IST