News at a Glance
EPF interest rate reduced to 8.65%
The interest rates for EPF (Employees Provident Fund) has been reduced as compared to the previous year to 8.65 percent.
Posted On :19/Dec/2016 5:37:54 PM
RBI: New Currency notes of Rs. 500 in circulation from today (19th December)
The Reserve Bank of India has announced that the new currency notes of Rs. 500 denomination will be distributed by the banks from today (Monday, 19th December).
Posted On :19/Dec/2016 4:12:48 PM
Cash crunch would disappear by the end of February 2017
Cash crunch in the country could be mostly resolved by mid-January 2017 and it will completely disappear by the end of February 2017. Since demonetisation came into effect India has faced huge cash crisis.
Posted On :19/Dec/2016 12:27:55 PM
You can deposit only Rs 5000 in one bank account till 30.12.2016
Reserve Bank of India has issued a new rule with regard to deposit of the old Rs 500 and Rs 1000 notes. Old notes 500 and 1000 rupees can be deposited to a tune of Rs 5000 only in the bank account.
Posted On :19/Dec/2016 12:18:11 PM
Live Without Cash Movement Challenge by ICICI
ICICI Bank which is well known for giving its customers the convenient and seamless banking has now launched the #LiveWithoutCashMovement.
Posted On :19/Dec/2016 11:46:25 AM
New series of Rs 500 notes to be released by RBI soon
The Reserve Bank of India has stated that new Rs 500 notes with Mahatma Gandhi series that will have new E letter inserted in the number panels will be released soon. At the back side of the note.
Posted On :18/Dec/2016 12:53:57 PM
Reserve Bank: 80 percent demonetized notes returned to banks
The Reserve Bank of India has announced that around 80 percent of the notes of denomination Rs.500/- and Rs. 1000/- announced as invalid has been returned to the banks.
Posted On :17/Dec/2016 6:16:37 PM
PAN card is mandatory for withdrawal above Rs 2 lakh
The Reserve Bank of India has imposed new rules for cash withdrawal above Rs 2 lakh for funds deposited after 9th November. On 8th November, the central government had announced.
Posted On :17/Dec/2016 10:13:39 AM
Petrol price hiked by Rs 2.21 per litre, diesel by Rs 1.79 per litre
Petrol price was on Friday hiked by Rs 2.21 per litre and diesel by Rs 1.79 per litre. Revised rates will take effect from midnight.
Posted On :16/Dec/2016 9:09:45 PM
Will the withdrawal restrictions go away after Dec. 30?
The nation is one in wondering if the withdrawal limits of money that are now in place will be relaxed after December 30, which is the deadline by which old Rs 500 and Rs 1,000 notes
Posted On :15/Dec/2016 4:58:33 PM
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