All Bank will be working on Sunday The Reserve Bank of india has announced that the All banks will be working on March 31 (Sunday). The deadline for the current financial year is March 31. So, if you leave on that day, you will have a huge impact on the government and the companies. The Reserve Bank has announced that…
Reserve Bank’s announced for interest rate The Reserve Bank of India Governor Shaktikanta Das, headed by RBI, has raised interest rates on loans to banks by 6.50 per cent and the interest rate on loans from banks to 6.25 per cent. At this meeting the repo interest rate and reverse repo interest rate was reduced…
The Reserve Bank of India, issued a notification on Tuesday, said Jan Dhan account holders can withdraw only up to Rs. 10,000 per month. It added that, “Limited or Non KYC compliant account holders may be allowed to withdraw Rs. 5,000 per month from the amount deposited through SBNs after November 09, 2016 within the…
The Reserve Bank of India (RBI) on Monday notified a relaxation on the withdrawal limit of deposits from bank deposit accounts. It announced that it will extend the withdrawal amount over and above the Rs.24,000 weekly limit. “It has been decided, on careful consideration, to allow withdrawals of deposits made in…
In a bid to help small merchants meet transactional needs after demonetisation, the Reserve Bank of India on Tuesday said it has doubled the limit balance that can be kept in digital wallets to Rs 20,000. The RBI, in a statement released on Tuesday, said: ” A special dispensation has now been enabled for small…