New Delhi, (IANS) : The surprise demonetisation of high value denomination currency may lead to likely destruction of banknotes worth over Rs 3,35,000 crore while new notes worth Rs 1,34,000 crore may be added to the banking system, a leading think tank said on...
New Delhi, (IANS) : After demonetisation of Rs 500 and Rs 1,000 banknotes, the government on Thursday said new Rs 50 and Rs 100 notes, having new design and security features, will soon be issued without withdrawing the existing ones. "Design of Rs 50 and Rs 100 notes...
New Delhi, (IANS) : Union Finance Minister Arun Jaitley said on Wednesday that the old currency notes of Rs 500 and Rs 1,000, which are no longer the legal tender, will be fully replaced with the new currency notes in the coming three-four weeks. "In next three-four...
Chennai, (IANS) : The withdrawal of 500 and 1,000 rupee notes from circulation will not help in fighting black money as it is stashed away in foreign banks, foreign currency, gold or in the form of other assets, a top leader of the All India Bank Employees Association...
Kolkata, (IANS) : Commoners outside a State Bank of India (SBI) ATM here were seen carrying Rs 1,000 notes in bundles to deposit them at the kiosks. The reaction was a fallout after Prime Minister Narendra Modi announced Rs 500 and Rs 1000 notes will be demonitised...
New Delhi, Nov 8 : Prime Minister Narendra Modi, in a sudden address to the nation on Tuesday, announced that Rs 500 and Rs 1,000 denomination notes are being withdrawn from midnight. He said that such notes will become "mere paper". Modi said this was being done to...
New Delhi, (IANS) : BJP President Amit Shah on Tuesday backed the Narendra Modi government's decision to scrap Rs 500 and Rs 1,000 notes from midnight, saying the move will help in eliminating corruption. "PM @narendramodi has yet again demonstrated his unwavering...
Bengaluru, (IANS) : Software major Wipro on Monday unveiled an open banking application programming interface (API) platform to enable banks provide financial services to customers directly or through third-party developers. "The API platform will enable banks and...
New Delhi, (IANS) : Union Finance Minister Arun Jaitley on Saturday said banks have to recover their loans to boost private investment and domestic private investment should pick up. Speaking at a debt recovery seminar, Jaitley said public investment has picked up and...
Chennai, (IANS) : Government-owned Punjab National Bank on Saturday said it has posted a net profit of Rs 549.36 crore for the quarter ended on September 30. In a regulatory filing in BSE, the Punjab National Bank said it has posted a net profit of Rs 549.36 crore for...