Tag: Remonetisation

Appropriate action to tackle economic slowdown soon: Jaitley

New Delhi: Acknowledging that private investment was short in coming, Finance Minister Arun Jaitley on Thursday said that the government will come out with “appropriate action” at the right time to boost the economy. “From day one, this is a proactive government. We are analysing the economic indicators and appropriate action will be taken at […]

  • Tuesday, 06 July 2021
remonetisation
Rs 1.15 lakh cr more currency needed for optimal remonetisation: SBI

Mumbai: The RBI needs to print an additional Rs 1.15 lakh crore-worth of currency notes to reach a level of optimal remonetisation, with Rs 13.12 lakh crore already in circulation as on March 24, the State Bank of India (SBI) said on Friday. “We believe Reserve Bank of India (RBI) should only print Rs 1.15 lakh […]

  • Monday, 05 July 2021
remonetisation
All cash withdrawal limits go back to pre-demonetisation era

Mumbai: All limits on savings bank cash withdrawals post-demonetisation ended on Monday, as had been announced by the Reserve Bank of India (RBI) last month. In a two-stage process, the weekly withdrawal limit per account had been raised to Rs 50,000, from Rs 24,000, with effect from February 20, and all limits on ATM withdrawals were […]

  • Monday, 05 July 2021
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