Notes Exchange Rule
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People Start Queuing Up At RBI Offices To Exchange Rs 2,000 Notes
With banks stopping accepting Rs 2,000 notes, people have started queuing up at 19 Reserve Bank of India offices to exchange the high denomination currency, which was withdrawn from circulation.
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Still Hold Rs 2,000 Note? Deadline Weeks Away, Here's How To Exchange
The RBI started printing the Rs 2,000 note in November 2016 after Prime Minister Narendra Modi scrapped high-value Rs 1,000 and Rs 500 notes overnight.
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BJP Leader Asks Nirmala Sitharaman To Track Rs 2,000 Notes In Tamil Nadu
Lashing out at the ruling DMK government, Tamil Nadu BJP chief K Annamalai has urged Union Finance Minister Nirmala Sitharaman to "track the surge of incoming 2000 rupee notes", especially from the state's "Co-operative Banks/Societies and TASMAC."
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US Noted India's Concerns Regarding F-1 Visa Issue: Centre
India on Thursday said it has conveyed its concerns to the United States regarding the new rule on F1 visa and urged Washington to keep in mind the role educational exchanges have played in the developing relationship between the two countries.
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Congress Claims New Expose On Notes Ban, Says Agencies Don't Take Action
The Congress today alleged that the Election Commission is not taking any action against the ruling BJP despite the many cases of poll code violation reported against them. The party also showed a video, claiming it was an expose on currency exchange conducted by the government after demonetisation.
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India, Maldives Ease Visa Rules For Better People To People Ties
India and Maldives on Tuesday exchanged diplomatic notes for the implementation of a visa facilitation agreement to boost people to people contacts between the two countries.
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RBI Changes Rules For Exchange Of Defective Currency Notes
These rules have come into force with immediate effect.
-
Deadline To Deposit Old Rs 500 And Rs 1,000 Notes Ends Today
The 50-day deadline to deposit the old Rs 500 or 1,000 notes in banks comes to an end today but the cash crunch and queues before ATMs are likely to continue for some more time as currency printing presses have failed to meet the huge demand for new bills.
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44 Lakh Odisha Farmers Hit By No Exchange Rule For Cooperative Banks: Naveen Patnaik
Over 40 lakh agricultural families in Odisha have been hit by the demonetisation drive as the Centre disallowed cooperative banks to exchange the banned Rs 500 and 1,000 notes, according to the state government.
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Banks To Exchange Notes Only For Their Own Customers And Seniors Today
Banks today will only exchange old 500 and 1,000 rupee notes for their own customers, and not for people who hold accounts in other banks. Senior citizens are however exempt from this rule and they can go to any bank to exchange their old currency for new notes. On Sunday, banks will remain shut.
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Currency Ban: Indelible Ink Marks For Those Who Have Taken New Notes
The government has asked banks to use indelible ink while exchanging banned Rs 500 and 1,000 notes to stop "unscrupulous elements trying to convert black money".
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Foreign Investors Can Issue P-Notes To Entities Complying With New Rules: Sebi
The Securities and Exchange Board of India (Sebi) on Wednesday said foreign portfolio investors (FPIs) can issue fresh participatory notes (P-Notes) to those entities which comply with tightened regulations by the capital markets watchdog.
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Foreign Investors Fine With Key Sebi Proposals On P-Notes
As the Securities and Exchange Board of India (Sebi) readies to tighten its rules for controversy-ridden participatory notes, or P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the market regulator and filing of suspicious transaction re...
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New Overseas Derivative Rules May Have Short Impact
The move by the Securities and Exchange Board of India (Sebi) to align rules for offshore derivative instruments (ODIs) with new foreign investment norms raises worries about flows.
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P-Note investments rise to 9-month high at Rs 1.77 lakh crore
Investments into Indian shares through participatory notes (P-Notes), a preferred route for HNIs and hedge funds from abroad, hit 9-month high of Rs 1.77 lakh crore (about $32.4 billion) in November.
-
People Start Queuing Up At RBI Offices To Exchange Rs 2,000 Notes
With banks stopping accepting Rs 2,000 notes, people have started queuing up at 19 Reserve Bank of India offices to exchange the high denomination currency, which was withdrawn from circulation.
-
Still Hold Rs 2,000 Note? Deadline Weeks Away, Here's How To Exchange
The RBI started printing the Rs 2,000 note in November 2016 after Prime Minister Narendra Modi scrapped high-value Rs 1,000 and Rs 500 notes overnight.
-
BJP Leader Asks Nirmala Sitharaman To Track Rs 2,000 Notes In Tamil Nadu
Lashing out at the ruling DMK government, Tamil Nadu BJP chief K Annamalai has urged Union Finance Minister Nirmala Sitharaman to "track the surge of incoming 2000 rupee notes", especially from the state's "Co-operative Banks/Societies and TASMAC."
-
US Noted India's Concerns Regarding F-1 Visa Issue: Centre
India on Thursday said it has conveyed its concerns to the United States regarding the new rule on F1 visa and urged Washington to keep in mind the role educational exchanges have played in the developing relationship between the two countries.
-
Congress Claims New Expose On Notes Ban, Says Agencies Don't Take Action
The Congress today alleged that the Election Commission is not taking any action against the ruling BJP despite the many cases of poll code violation reported against them. The party also showed a video, claiming it was an expose on currency exchange conducted by the government after demonetisation.
-
India, Maldives Ease Visa Rules For Better People To People Ties
India and Maldives on Tuesday exchanged diplomatic notes for the implementation of a visa facilitation agreement to boost people to people contacts between the two countries.
-
RBI Changes Rules For Exchange Of Defective Currency Notes
These rules have come into force with immediate effect.
-
Deadline To Deposit Old Rs 500 And Rs 1,000 Notes Ends Today
The 50-day deadline to deposit the old Rs 500 or 1,000 notes in banks comes to an end today but the cash crunch and queues before ATMs are likely to continue for some more time as currency printing presses have failed to meet the huge demand for new bills.
-
44 Lakh Odisha Farmers Hit By No Exchange Rule For Cooperative Banks: Naveen Patnaik
Over 40 lakh agricultural families in Odisha have been hit by the demonetisation drive as the Centre disallowed cooperative banks to exchange the banned Rs 500 and 1,000 notes, according to the state government.
-
Banks To Exchange Notes Only For Their Own Customers And Seniors Today
Banks today will only exchange old 500 and 1,000 rupee notes for their own customers, and not for people who hold accounts in other banks. Senior citizens are however exempt from this rule and they can go to any bank to exchange their old currency for new notes. On Sunday, banks will remain shut.
-
Currency Ban: Indelible Ink Marks For Those Who Have Taken New Notes
The government has asked banks to use indelible ink while exchanging banned Rs 500 and 1,000 notes to stop "unscrupulous elements trying to convert black money".
-
Foreign Investors Can Issue P-Notes To Entities Complying With New Rules: Sebi
The Securities and Exchange Board of India (Sebi) on Wednesday said foreign portfolio investors (FPIs) can issue fresh participatory notes (P-Notes) to those entities which comply with tightened regulations by the capital markets watchdog.
-
Foreign Investors Fine With Key Sebi Proposals On P-Notes
As the Securities and Exchange Board of India (Sebi) readies to tighten its rules for controversy-ridden participatory notes, or P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the market regulator and filing of suspicious transaction re...
-
New Overseas Derivative Rules May Have Short Impact
The move by the Securities and Exchange Board of India (Sebi) to align rules for offshore derivative instruments (ODIs) with new foreign investment norms raises worries about flows.
-
P-Note investments rise to 9-month high at Rs 1.77 lakh crore
Investments into Indian shares through participatory notes (P-Notes), a preferred route for HNIs and hedge funds from abroad, hit 9-month high of Rs 1.77 lakh crore (about $32.4 billion) in November.
