News at a Glance
What to do without any bank account for exchange currency notes?
Only one answer for this question - the people without any bank savings account will need to open a new account.Anyone exchange currency notes worth up to Rs. 4000/- in any bank by showing the ID card.
Posted On :09/Nov/2016 5:42:52 PM
Rs. 17 Lakh Crores worth Currency notes being exchanged throughout the country
In the exchange of Rs. 17 Lakh Crores, the currency notes of Rs. 500 and Rs. 1000 are the maximum. The denominations of currency notes of Rs. 100, Rs. 50, Rs. 20, Rs. 10, Rs. 5, and Rs. 1/- submitted for exchange are minimal.
Posted On :09/Nov/2016 4:57:22 PM
Points to note about demonetization of Rs.500 and Rs.1000 notes
Right from the moment the announcement about demonetization of Rs. 500 and Rs.1000 notes was made, there have been commotions all over the country. Sorting things out, here are a few points.
Posted On :09/Nov/2016 3:21:35 PM
Bankers demand increase in transaction charges for ATMs
The Indian Bank Association, or IBA, has sent proposals for increasing the service charges in the view of overcome maintenance burden on white ATMs. The bankers categorised ATMs into two sorts.
Posted On :09/Nov/2016 2:49:14 PM
Features of new Rs.500 notes
Here is the list of all features of the new Rs.500 notes from the RBI.
Posted On :09/Nov/2016 2:37:21 PM
Printing new currency will cost more to RBI
Currency notes of Rs.500 and Rs.1000 denominations will not be legal tender beginning November 9. This was announced by Prime Minister Narendra Modi in a special address to the nation on Tuesday evening.
Posted On :09/Nov/2016 1:08:00 PM
Features of new Rs.2000 notes
Live Chennai gets you the features and facilities with the new Rs.2000 notes.. Read on to know.
Posted On :09/Nov/2016 12:39:11 PM
New Rs.2000 note will have motif of Mangalyan
The new Rs.2000 note will have motif of Mangalyan (ISRO�s Mars mission) on the reverse, depicting the country�s first venture in interplanetary space.The Mars Orbiter Mission (MOM) Mangalyan, was launched onboard.
Posted On :09/Nov/2016 12:03:03 PM
Ban on Rs.500/1000 notes: 8 things you should know
The Govt. has decided to discontinue the legal tender character of high denomination bank notes of Rs.500 and Rs.1000. In other words, such notes will not be a legal tender from midnight of November 8, 2016.
Posted On :09/Nov/2016 11:49:53 AM
Dont panic: Reserve Bank of India
The Reserve Bank of India has asked the people not to panic because Rs.500 and Rs.1000 currency notes will no longer be legal from Tuesday midnight.An official of the RBI said: In order to curb black money.
Posted On :09/Nov/2016 11:19:53 AM
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