RBI issues Rs.500 notes in a new series Now your bank notes in a new design The new Rs.500 notes are different form the present series in colour, size, theme, location of security features and design elements. The size of the new notes is 63mm x 150mm. The color of the notes is stone grey and the predominant new theme is Indian site – Red Fort. … [Read more...] about RBI issues Rs.500 notes in a new series
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RBI
Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI
Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI Government of India Ministry of Finance Department of Economic Affairs Press Release With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities such as … [Read more...] about Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI
500 and 1000 Rupees notes Scrapped; ATM’s closed for two days
500 and 1000 Rupees notes Scrapped; ATM’s closed for two days Today Prime minister announces that Rs 1000 and 500 Notes will be invalid after midnight . These Rs.500 and 1000 notes will be accepted at hospitals, Petrol Bunk, booking Air Ticket and Train ticket upto 11th November In a big announcement on Tuesday evening, Prime Minister Narendra Modi said that from midnight … [Read more...] about 500 and 1000 Rupees notes Scrapped; ATM’s closed for two days
Promotion of Payments through Cards and Digital Means
Promotion of Payments through Cards and Digital Means F.No-01/02/2015-Cy.I Government of India Ministry of Finance Department of Economic Affairs Currency & Coinage Division North Block, New Delhi. Dated : 29th February, 2016 OFFICE MEMORANDUM Subject: Promotion of Payments through Cards and Digital Means The Guidelines for the promotion of payments through cards … [Read more...] about Promotion of Payments through Cards and Digital Means
Pensioner’s account should not have more than 14 credit transactions in a calendar year -RBI
Pensioner’s account should not have more than 14 credit transactions in a calendar year -RBI Reserve Bank Of India RBI/2015-16/294 DGBA.GAD.No.2278/31.12.010/2015-16 January 21,2016 The Chairman & Managing Director/ The Chief Executive Officer All Agency Banks Dear Sir/Madam Payment of Agency Commission on pension accounts As you may be aware, agency banks are … [Read more...] about Pensioner’s account should not have more than 14 credit transactions in a calendar year -RBI