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
Heavy congestion at toll gates - exchange of currency notes
As it has been announced that the currency notes of denominations Rs. 500 and Rs. 1000 will be accepted at toll gates, there has been a terrific heavy congestion of vehicles piling in toll gates.
Posted On :09/Nov/2016 5:05:14 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
Decline in gold demand in the past quarterly
In the last quarterly, the need for god in India has declined by 28 percent. The reason for this decline is claimed as the reduction in demand which in turn is due to high price of the metal.
Posted On :09/Nov/2016 3:56:26 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
Gold & silver rates increased
The cost of gold has increased Rs.1456 per sovereign on Wednesday evening (Nov 9, 2016).A sovereign was worth Rs.24480.00 and a gram was Rs.3060.00.The cost of 1 gram of pure gold (24K) is now Rs.3166.00.
Posted On :09/Nov/2016 3:13:02 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
Digital wallet companies welcome Modis ban on high currency notes
With the new ban on Rs. 500 and Rs. 1000 notes, digital wallet companies are in the forefront, welcoming the news.A top executive of Snapdeal said, There will be significant long-term benefits.
Posted On :09/Nov/2016 2:44:54 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
Google Play to allow net banking payment
Google Play Store has made a new update that will allow making payments on app store using net banking.Among the most preferred methods of online payment in India is net banking.
Posted On :09/Nov/2016 2:27:57 PM
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