Tag: Rs 500

marriages-rbi-2
Cash withdrawal for marriages remains a non-starter

Kendrapara: Stiff guidelines set by the RBI for withdrawal of Rs 2.5 lakh for a marriage have made it difficult for banks to disburse the amount, making the government’s move to ease cash crunch for wedding families a non-starter. Though bankers received procedural circular in this regard on Tuesday, withdrawal for wedding purpose is yet […]

  • Monday, 28 June 2021
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Rs 25 Lakh seized in scrapped Rs 1,000 notes from trader

Kendrapara: The Odisha Police today seized scrapped Rs 1,000 denomination notes worth Rs 25 lakh after intercepting a car in Kendrapara district. Acting on specific information, the demonetised cash was seized and a Cuttack-based Jewellery trader was detained, Inspector Kendrapara Police station, Sanjeev Mohanty said. “We are examining whether the scrapped notes were black money […]

  • Monday, 28 June 2021
marriages-rbi
Marriages Made in RBI Boardroom!

By Sandeep  Sahu Marriages, they say, are made in heaven. But if you are unfortunate enough to be getting married between now and December 30, 2016, your marriage will be made in the Reserve Bank of India (RBI) boardroom! That, in short, is the key takeaway from the elaborate set of guidelines issued by the […]

  • Thursday, 10 June 2021
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Demonetization: How to separate the wheat from the chaff?

By Sandeep Sahu It is a bewildering world out there. Forget the layman, even seasoned hacks of top notch media houses have been overwhelmed by the avalanche of misinformation, disinformation and motivated propaganda unleashed in both the mainstream and social media ever since Prime Minister Narendra Modi stunned the nation with his announcement about the […]

  • Thursday, 10 June 2021
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