It is learnt that RBI has replaced around 60 per cent of the old demonetized currency notes, as per revelations by the RBI Governor before the Parliamentary Standing Committee. The currency value was said to be Rs. 9.2 lakh crores,  the questions viz the money deposited in banks after demonetization and the time by which

A fresh reprimand came by way of Debt Recovery Tribunal (DRT) which passed an order by allowing the consortium of bankers led by State Bank of India to recover their debt of Rs 6,203 crore  from the businessman who has defaulted payment to banks. Mallya who has moved to UK is on the run and

(1) TCS bets on Digital Banking for Growth:   The largest software exporter Tata Consultancy Services, has come out with their latest quarter results with a profit of 11.2 per cent, from the previous year quarter, which stood at Rs. 6,778 crores.  The main contribution for the growth was through digital services.  The Company’s CEO

Rumours were mounting that users of Mobile wallet Paytm will not be able to use their mobile wallets after 15th January 2017.  The rumors were floated after Paytm Payments Bank was launched, which had the requirement of migrating the mobile wallets to the bank by OIne97 Communications.  Paytm has around 180 million registered users. It is

Sr. NO QUERY ANSWER 1 Mr. A has been investing through the systematic investment plan (SIP) route in the following schemes: Tata Infrastructure fund, SBI Magnum Tax Gain 1993, Reliance Regular Saving Equity (growth), BNP Paribas Select Focus (dividend reinvestment) fund, SBI Magnum sector Fund Umbrella-Contra fund and Birla Sunlife Frontline Equity Fund Plan-A (growth).