2 RBI staff in Bengaluru arrested for Rs 1.99 crore note exchange

The Central Bureau of Investigation has arrested two employees of cash department of Reserve Bank of India in Bengaluru in connection with alleged conversion of Rs 1.99 crore of demonetised......

Watch LIVE: Lok Sabha discusses demonetisation bill

  Lok Sabha TV Rajya Sabha TV     Lok Sabha is discussing the Specified Bank Notes (Cessation of Liabilities) Bill, 2017. Finance Minister Arun Jailtey is answering the...

Indian States have 25 Public Holidays!

The number of public holidays varies from 14 in Delhi to 34 in Odisha. Kindly note the image has only been published for representational purposes. Photograph: Kind courtesy Pixabay West Bengal......

Confiscation of currency was not demonetisation's aim: Jaitley

Finance Minister Arun Jaitley on Thursday said demonetisation resulted in formalisation of economy and increased tax base, prompting the government to earmark more resources for the poor and......

You can send Rs 2,000 notes by post to RBI for direct credit in bank accounts

People can send their Rs 2,000 banknotes to specified regional offices of the Reserve Bank through the insured post for credit in their bank accounts. Photograph: ANI Photo This is a hassle-free......

Insurance Broker Fined Rs 1 Crore

According to IRDAI, Marsh India had held the premium received from the clients in an Insurance Bank Account for more than 15 days and did not remit the premium to the insurer/reinsurer within the......

RBI extends deadline to exchange Rs 2,000 notes

The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the system by another week, till October 7. Photograph: ANI Photo The central bank said ever since it......

RBI says banks cannot decline pre-2005 notes

Pre-2005 banknotes are being withdrawn from circulation since January 2014 by RBI and a large percentage of these notes have already been withdrawn Banks can't turn away customers depositing......