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RBI To Print New Rs. 200 Currency Notes.

BE/RBI/26/2017 RBI to release Rs. 200 notes: Rs. 2000 notes printing stopped. Since five months, RBI has not printed the Rs. 2000 notes and has now moved to print Rs. 200 notes, from its Mysuru Printing press, and these are expected to hit the market by next month.   Along with printing of other notes,

RBI To Print New Rs. 200 Currency Notes.

BE/RBI/26/2017 RBI to release Rs. 200 notes: Rs. 2000 notes printing stopped. Since five months, RBI has not printed the Rs. 2000 notes and has now moved to print Rs. 200 notes, from its Mysuru Printing press, and these are expected to hit the market by next month.   Along with printing of other notes,

COUNTING OF DEMONITIZED NOTES

BE/RBI/25/2017 DATA ON OLD NOTES DEPOSITED The Parliamentary committee met here and have been given to understand that the old notes deposited are still under counting. Mr. Urjit Patel, RBI Governor, who attended the meeting was not able to give an exact figure of how much had returned to the system as on date.  The

COUNTING OF DEMONITIZED NOTES

BE/RBI/25/2017 DATA ON OLD NOTES DEPOSITED The Parliamentary committee met here and have been given to understand that the old notes deposited are still under counting. Mr. Urjit Patel, RBI Governor, who attended the meeting was not able to give an exact figure of how much had returned to the system as on date.  The

COMPENSATION FOR e- FRAUDS

BE/RBI/24/2017 Frauds under e-platforms are on the increase.  Recent RBI directives on e frauds are many. To name a few: RBI directed banks to credit the amount involved in the unauthorised electronic transaction within 10 working days to the account holder. – 7th July 2017 Reserve Bank of India (RBI) has come out with rules

COMPENSATION FOR e- FRAUDS

BE/RBI/24/2017 Frauds under e-platforms are on the increase.  Recent RBI directives on e frauds are many. To name a few: RBI directed banks to credit the amount involved in the unauthorised electronic transaction within 10 working days to the account holder. – 7th July 2017 Reserve Bank of India (RBI) has come out with rules

RBI puts a break on Government Security debts

BE/RBI/23/2017 Indeed in a major move, Reserve Bank of India, on Monday squeezed the investment limit in Government bonds for Foreign Portfolio Investors with a restriction that 75% of the investment should go to long term investors and unutilized portion would not be made free for the general category.  What does this mean? This will

RBI puts a break on Government Security debts

BE/RBI/23/2017 Indeed in a major move, Reserve Bank of India, on Monday squeezed the investment limit in Government bonds for Foreign Portfolio Investors with a restriction that 75% of the investment should go to long term investors and unutilized portion would not be made free for the general category.  What does this mean? This will

RBI WARNS OF ALARMING BANK FRAUDS

BE/RBI/22/2017 The Financial Stability Report warns that the frauds in Banks is on the high increase, and doubts that banks might be hiding some of the fraud cases.  RBI further adds that before a Corporate Account is declared as Fraud, obviously well before 2 or 3 years, they would normally get turned to NPA category.

RBI WARNS OF ALARMING BANK FRAUDS

BE/RBI/22/2017 The Financial Stability Report warns that the frauds in Banks is on the high increase, and doubts that banks might be hiding some of the fraud cases.  RBI further adds that before a Corporate Account is declared as Fraud, obviously well before 2 or 3 years, they would normally get turned to NPA category.