Tag: Currency

Rs 2000 notes: 97.96% Returned, Rs 7,261 Cr Still With Public

Mumbai, NFAPost: The Reserve Bank of India (RBI) said 97.96 per cent…

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AGS Transact Adds New State-of-the-Art Cash Vault Facility in Bengaluru

Bengaluru, NFAPost: Securevalue India Ltd. (SVIL), a wholly-owned cash management subsidiary of…

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Zimbabwe Introduces New Currency

The new currency, the Zimbabwe Gold (ZiG) is backed by gold. This…

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RBI Allows Standalone Primary Dealers To Borrow In Foreign Currency

SPDs will open nostro account, a bank account with a foreign bank…

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77% Of Rs 2,000 Notes Returned By Users To Banks As Of June 30: FinMin

The number of Rs 2,000 notes in circulation fell to 418 million…

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RBI Panel Charts Path To Internationalise Rupee, Reduce Dollar Dependency

Capital account convertibility is not a pre-condition for internationalisation of rupee Mumbai,…

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India’s Forex Reserves Jump $2.35 Billion To $596 Billion: RBI Data

The overall reserves had dropped by $1.318 billion to $593.749 billion in…

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Rs 2,000 Notes Withdrawal: Bank Deposits Rise By Rs 3.26 Trillion In Fortnight

-Credit offtake has remained robust even amid the significant rise in interest…

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Debit Card-based ATM Withdrawals Up 235% Since Demonetisation: Report

The cash in circulation in the Indian economy has more than doubled…

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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',…

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