-The Economic Times AGRA: A large amount of cash has suddenly started flowing into previously inactive Jan Dhan accounts in the aftermath of the demonetisation of Rs 500 and Rs 1,000 notes. The Jan Dhan Yojana was launched in August 2014 with an aim to bring the poor into the fold of Banking facilities, and empower them financially by encouraging savings, and easing loan delivery and direct cash transfer. Accounts opened at the...
More »SEARCH RESULT
Total Matching Records found : 1082
Demonetisation of Rs 500 and Rs 1000 notes: Farmers fear missing out on sowing time -Sahil Makkar
-Business Standard There is a widespread panic among farmers, who were preparing for the next Rabi season New Delhi: There is a widespread panic among farmers, who had recently harvested their paddy crop, and were preparing for the next Rabi season. They fear that in the absence of new currency notes they will miss out on the crucial sowing time. This is most crucial time for a farmer when he not only...
More »In one stroke, demonetisation has shaken the trust our monetary system is based on -Devangshu Datta
-Scroll.in Even the long-term benefits of the move seem to be outweighed by the heavy costs and disruption it would cause, particularly for the lower income groups. The demonetisation of Rs 500 and Rs 1,000 currency notes came as a surprise to almost everyone. The details of re-monetisation are still to become entirely clear. What follows is a set of personal opinions of likely outcomes arising from this move to demonetise. Each...
More »Centre may rope in banks to boost forest cover -Vishwa Mohan
-The Times of India NEW DELHI: All Banking institutions in India may soon chip in to increase India's forest cover in a coordinated manner. If the environment ministry has its way, all banks will be asked to join the central and the state governments in their ongoing efforts of afforestation. The move will be part of one of the 10 ways, identified by the Centre, to reach India's key climate goal. As...
More »Make default list public: SC
-The Telegraph/ PTI New Delhi: The Supreme Court today asked the Centre and the RBI to disclose the names of borrowers who had each defaulted on public-sector bank loans of Rs 500 crore and above but the apex bank raised objections. The top court, after going through the defaulters' list submitted by the RBI in a sealed cover on March 29, said 57 people had defaulted on loans worth Rs 85,000 crore...
More »
