-The Telegraph New Delhi: The RBI has said deposits of demonetised notes with a value of over Rs 5,000 would be allowed just once in a bank account between now and December 30. The announcement not only lengthened the list of abrupt changes enforced since the note recall was announced on November 8 but also fuelled suspicion that the government is trying to dissuade people from depositing demonetised notes. The value of such...
More »SEARCH RESULT
Total Matching Records found : 1968
No rush to deposit, says FM; Why haven't you done so, says RBI
-The Times of India NEW DELHI: The government and RBI on Monday unveiled fresh restrictions on deposit of old 500 and 1,000 rupee notes, saying anyone depositing above Rs 5,000 will be questioned "on record, in the presence of at least two officials of the bank, as to why this could not be deposited earlier" and only after a "satisfactory explanation" will the money be deposited. This flies in the face...
More »Centre disputes RBI's deposit count
-The Hindu Shaktikanta Das says Rs. 12.44 lakh crore in invalid notes may not have come back to banks The Finance Ministry on Thursday said the Rs. 12.44 lakh crore figure reported by the Reserve Bank of India as the amount having been deposited in banks since the November 8 demonetisation announcement could be inflated due to double-counting. Department of Economic Affairs Secretary Shaktikanta Das said the RBI had infused three times the...
More »India needs $18 billion to win battle against malaria -Sushmi Dey
-The Times of India NEW DELHI: India, with the highest malaria burden outside Africa, will need an investment of $18 billion to achieve its 2030 deadline to eliminate the disease, says a latest estimate by the health ministry and malaria advocacy groups. Severe malaria outbreaks in India, aggravated by poor sanitation and drainage, underline an urgent and growing need for financial commitment to deal with a menace estimated to inflict nearly $2...
More »Before Demonetisation, the Mystery of Rs 3-Lakh Crore Deposits in 15 Days -Ishan Bakshi and Nitin Sethi
-TheWire.in The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crore of these right after. New Delhi: From September 16 to 30, a staggering Rs 3.03 lakh crore of time deposits – fixed and recurring – were made at banks. This has never happened in any fortnight since January 2001. September 16 is also the date from which the Reserve...
More »
