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  Banks’ asset quality recovery may get delayed due to demonetisation: Fitch

  January 31, 2017 12:16 IST

  The demonetisation of high value currencies (Rs 500 and Rs 1,000) and the subsequent cash crunch is expected to push back the asset quality recovery of Indian banks, said Fitch Ratings. The impact of demonetisation

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  No cap on cash withdrawals at ATMs from Feb 1, says RBI

  January 30, 2017 17:58 IST

  RBI today announced the removal of cap on cash withdrawals at ATMs with effect from February 1.

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  TMC not to attend Parliament on Budget day to protest demonetisation, MPs arrest

  National | January 30, 2017 16:37 IST

  Trinamool Congress is no mood to let go of its protest against Centre’s demonetisation move and will not attend Parliament on the first two days of the session beginning tomorrow.

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  RBI press refuses to share quantum of new currency notes printed before demonetisation

  January 26, 2017 21:21 IST

  A subsidiary of RBI has refused to share quantum of new currency notes of Rs 2,000 and Rs 500 printed before the announcement of demonetisation on November 8.

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  Cash withdrawal limits likely to go away by February-end

  January 26, 2017 16:17 IST

  The Reserve Bank of India is likely to ease the weekly withdrawal limits from banks as well as ATMs by the end of February.

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  Demonetisation aftermath: Govt waives Rs 660.50 cr interest on crop loans for Nov-Dec

  January 24, 2017 16:49 IST

  In a major relief to farmers hit by cash crunch on account of demonetisation, the government today decided to waive Rs 660.50 crore interest on short-term crop loans for November-December 2016. Besides, it will also

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  Cash machines in India will be completely irrelevant in next three years: NITI Aayog CEO

  January 21, 2017 23:18 IST

  NITI Aayog CEO Amitabh Kant made a bold prediction that within three years, cash machines in India will be completely irrelevant, which was greeted with a mixture of enthusiasm and scepticism by the audience at

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  No counterfeit notes seized during demonetisation drive, Finance Ministry tells PAC

  January 21, 2017 16:35 IST

  In the aftermath of the ban of high value currency notes, the Finance Ministry has informed Public Accounts Committee that no fake currency notes (FCNs) were seized by the agencies during the demonetisation drive from

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  Rs 9.2 lakh cr remonetised post notes ban, Urjit Patel tells Parliamentary panel

  January 18, 2017 18:13 IST

  RBI has so far introduced Rs. 9.2 lakh crore in new currency after demonetisation came into effect on November 8, 2016, Governor Urjit Patel today told a Parliamentary panel today.

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  After note ban, IMF downgrades India’s growth rate to 6.6 per cent

  January 16, 2017 22:15 IST

  Cutting India’s growth rate by one percentage point due to the "temporary negative consumption shock" of demonetisation, the International Monetary Fund (IMF) predicted it to be 6.6 per cent for the current fiscal year.

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  ATM makers get a big boost in new orders as demand for machines increase post-demonetisation

  January 15, 2017 13:48 IST

  Banks are likely to increase ATM orders and manufacturing is set to get a fillip in 2017, say the ATM companies.

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  Watch: Rahul mocks Modi with ‘mitron’ reference, says note ban announcement came across as a Bachchan ‘dialogue’

  National | January 11, 2017 18:41 IST

  Congress vice president Rahul Gandhi on Wednesday took a jibe at Prime Minister Narendra Modi over demonetisation, making a reference to the PM’s famous mitron catchphrase.

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  BJP believes in ideology of fear, we spread message of fearlessness: Rahul Gandhi

  National | January 11, 2017 18:10 IST

  Congress vice president Rahul Gandhi on Wednesday accused the BJP of spreading fear wherever it is in power in the country.

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  Note ban decision was taken after 'govt advice': RBI tells Parliamentary panel

  January 10, 2017 18:27 IST

  Ever since the announcement of scrapping of old Rs 500 and Rs 1,000 notes was done by Prime Minister Narendra Modi, the government has suggested that the decision came from the RBI.

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  Over Rs 3 lakh crore deposited in 2 crore new bank accounts post-demonetisation: report

  January 09, 2017 12:57 IST

  The government’s study of financial data to understand and analyse the impact of demonetisation has thrown up some interesting figures. According to the data, the notes ban announcement on November 8 was followed by the

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  I-T dept detected Rs 4,807 cr undisclosed income, seized Rs 112 cr of new notes

  January 09, 2017 6:33 IST

  Following the demonetisation drive, India's Income Tax Department has detected undisclosed income of over Rs 4,807 crore and seized new notes worth Rs 112 crore, an official source here said on Sunday.

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  I-T department seeks details of pre-demonetisation cash deposits

  January 08, 2017 13:31 IST

  The Income Tax Department has asked banks to report large cash deposits in savings accounts between April 1 and November 9, 2016.

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  Modi thinking of next generation, Rahul of disrupting Parliament's next session: Jaitley

  National | January 08, 2017 15:01 IST

  Arun Jaitley today hit out at Congress vice-president Rahul Gandhi saying while Prime Minister Narendra Modi was thinking of the next generation Rahul Gandhi was only looking at how to disrupt the next Session of Parliament.

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  Cash deposit deadline extended for those outside country

  January 07, 2017 10:22 IST

  The government has extended the deadline for all Indian citizens, who were outside India from November 9 to December 30, to exchange or deposit scrapped notes till March this year.

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  Get stamped documents from airports for depositing scrapped notes: RBI

  January 05, 2017 21:05 IST

  Non-resident and resident Indians who were outside the country from November 8 to December 30, 2016 and want to deposit scrapped notes must have a stamped document from airport to prove they were abroad during the period.