Tag: Rbi

By Bikram Keshari Jena The note, we so dote, leaves an endnote, with gloat. Money, money everywhere, so copious, yet impecunious. Never one would have imagined that bank notes could be capable of such extracurricular activities, had the government not got a missile-lock on them. As soon as the news broke out, these soon-to-be obliterated […]

The Reserve Bank of India had released a recruitment notification for all those bank job aspirants for the position of Officers in Grade ‘C’ on contract basis. Interested and eligible candidates must apply for the positions today, January 8, 2019, as it’s the last day of form submission. Candidates who want to be a part […]

New Year comes with new opportunities and, as it is said, opportunity should never be missed. Here comes an opportunity from the Reserve Bank of India for all those bank job aspirants. The apex court has released a recruitment notification for the recruitment of Officers in Grade ‘C’ on contract basis. Interested and eligible candidates […]

New Delhi/Bhubaneswar: With the Reserve Bank of India (RBI)’s decision to issue new notes of Rs 100 denominations, speculations about the fate of the older notes have already started. The questions regarding the legality of older notes of Rs 100 denominations are also doing rounds. This new denomination has motif of “RANI KI VAV” of […]

New Delhi/Bhubaneswar: The implementation of the 7th Pay Commission was seen as a bonanza for the lakhs of employees but neither did it happen nor the news related to it seems to die down with the Reserve Bank of India (RBI) expressing serious concerns over the Seventh Pay Commission related hike in house rent allowances […]

Baripada: A large number of customers of Urban Cooperative bank in Baripada of Mayurbhanj district are grappling with mental agony since the Reserve Bank India had cancelled the license of the bank citing financial crisis. The depositors have become frustrated after running from pillar to post to withdraw their hard earned money. “We have run […]

Bhubaneswar: Odisha’s architectural marvel, the Konark Sun Temple will be embossed in the new Rs 10 currency note in the Gandhi series to be issued by the Reserve Bank of India (RBI). As per initial reports, the country’s central bank will be issuing the new currency in chocolate brown colour and the design has already […]

Bhubaneswar: In a bid to enter Indian steel market, Steel major ArcelorMittal is considering to buy stressed assets of Bhushan Steel, which has  a good presence in auto steel categories with a 5.6 Million Tonne (MT) integrated steel plant in Odisha. According to reports published in national media, LN Mittal-led ArcelorMittal has submitted an expression […]

New Delhi: The Reserve Bank of India (RBI) has said that it has not so far issued any instruction regarding mandatory linking of Aadhaar with bank accounts. The Central bank revealed the information in response to an RTI application filed by Yogesh Sapkale of news website moneylife.in. The response indicates that the decision on mandatory […]

Bhubaneswar/New Delhi: The Reserve Bank of India (RBI) on Wednesday issued a notification announcing dates and procedure to apply for RBI Assistant Recruitment Examination, 2017. Approximately 623 vacancies would be filled through the examination. Eligible candidates can apply online till November 10, 2017. Candidate selection will be on the basis of a series of two […]

Bhubaneswar/Balasore: Change has become a big problem in Soro and Bahanaga blocks of Balasore district as people, government offices and banks are refusing to accept coins. The Reserve Bank of India (RBI) has not banned coins but people here say banks are refusing to take deposits in coins citing lack of chests to keep them. […]

Mumbai/Bhubaneswar: The Reserve Bank of India (RBI) will issue Rs 200 denomination banknotes tomorrow in the Mahatma Gandhi (New) Series, bearing signature of RBI Governor Dr. Urjit R. Patel. According to a press release issued by RBI, the new denomination has Motif of Sanchi Stupa on the reverse, depicting the country’s cultural heritage. The base […]

The implementation of house rent allowance (HRA) under the 7th Pay Commission could lead to inflation, said the Reserve Bank of India (RBI) while announcing its third Bi-monthly Monetary Policy Statement on Wednesday. Inflation remained in the range of 2.0-3.5 per cent in the first half of this year and 3.5-4.5 per cent in the […]

New Delhi: Sooner or later, Rs 2,000 notes are likely to vanish from the market as the Reserve Bank of India (RBI) has stopped printing the currency notes and will not be bringing new notes of this denomination in the current financial year. According to sources, the RBI has also accelerated the process of printing […]

Mumbai/Bhubaneswar: The Reserve Bank of India today issued a new batch of Rs 500 denomination notes. The new notes will be circulated in the market soon while the existing Rs 500 notes will continue. Official sources of RBI said, a new batch of banknotes with inset letter “A” in both the number panels, bearing the […]