Centre Clarifies On Exchange Of Old ₹500 And ₹1000 Notes
The Centre clarified that old ₹500 and ₹1000 notes cannot be exchanged under any new RBI rule. Fake news on social media debunked.
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Unclaimed Money In Telangana Reaches Rs 2,095.10 Crore
Telangana has Rs 2,095.10 crore in unclaimed bank deposits across 78 lakh dormant accounts. RBI urges public to check via the Udgam portal.
RBI Chief Malhotra Reaffirms Growth Commitment Amid Tariff, Geopolitical Headwinds
Hyderabad, Aug 25 (Maxim News): Reserve Bank governor Sanjay Malhotra on Monday said that corporates and banks need to come together to boost investments amid challenges emanating from tariff uncertainties and geopolitical concerns,…
RBI Says Nearly All Rs. 2,000 Notes Returned, Only Rs. 6,017 Crore Left
Only 1,69 per cent of the Rs. 2,000 banknotes were yet to be returned to the Reserve Bank of India (RBI) from circulation (as on july 31), the parliament was informed on Monday.
RBI To Raise Gold Loan-To-Value Ratio To 85 Percent For Small Borrowers Up To Rs. 2.5 Lakhs
Reserve Bank Governor Sanjay Malhotra on Friday said the Central Bank will raise the Loan-to-Value (LTV) ratio for gold loans to small borrowers of up to Rs. 2.5 lakh to 85 per cent from the existing 75 per cent.