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Government spends Rs 3.09 per Rs 500 currency note

Government spends Rs 3.09 per Rs 500 currency note

RBI spends Rs 3.09 for each Rs 500 note as cost towards paper, printing and other charges, an RTI query has revealed.

PAC discusses demonetisation, RBI autonomy

PAC discusses demonetisation, RBI autonomy

PAC Chairman and senior Congress leader KV Thomas said the House panel will again call RBI Governor and Finance Ministry official after Budget on February 10.

Urjit Patel asks staff to 'zealously guard' RBI reputation

Urjit Patel asks staff to 'zealously guard' RBI reputation

Following concerns over alleged government interference in the affairs of the central bank, RBI Governor Urjit Patel has asked staff to ‘guard’ the integrity.

Note ban: I-T Dept says co-op banks' cash records tampered with

Note ban: I-T Dept says co-op banks' cash records tampered with

IT Department has informed RBI about alleged illegal malpractices being deployed by a number of co-op banks, in the aftermath of the notes ban.

House panel asks RBI, FinMin details on demonetisation

House panel asks RBI, FinMin details on demonetisation

Patel is reported to have said that RBI has been able to infuse Rs 9.2 lakh crore of new currency.

Congress workers gherao RBI office to protest demonetisation

Congress workers gherao RBI office to protest demonetisation

Hundreds of Congress party protesters gheraoed the RBI office with slogans denouncing demonetisation and the Centre's role in "destruction of the RBI's autonomy".

RBI ups withdrawal limits to Rs 10,000 from ATM, Rs 1 lakh from bank

RBI ups withdrawal limits to Rs 10,000 from ATM, Rs 1 lakh from bank

The central bank also extended the limit on overdraft and cash credit accounts.

Nirmala seeks MAT relief for startups, wants RBI, SEBI to ease rules

Nirmala seeks MAT relief for startups, wants RBI, SEBI to ease rules

The move comes as a follow up to Prime Minister Narendra Modi's initiative of start-up revolution to harness entrepreneurial spirit to beat economic slowdown.

India December WPI inflation inches up to 3.39%

India December WPI inflation inches up to 3.39%

WPI is up due to costly fuels and manufactured product prices even as demonetisation led to fall in food prices.

FinMin says it respects autonomy of RBI, unions differ

FinMin says it respects autonomy of RBI, unions differ

RBI employees' unions are protesting against Government infringing on its autonomy.

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