Community & General News


Rs 2000 notes continue to be legal tender

   02 November 2023 at 15:08

The facility for deposit and / or exchange of the ₹2000 banknotes was available at all bank branches in the country initially upto September 30, 2023, which was later extended upto October 07, 2023.

Posted in Community & General |   7938 Views


CA Ashok Vaswani appointed as new MD & CEO of Kotak Mahindra Bank

   22 October 2023 at 11:05

The Reserve Bank of India (RBI) has approved the appointment of Ashok Vaswani as the bank's next MD & CEO.

Posted in Community & General |   6252 Views


Cabinet Approves Release of Additional Dearness Allowance and Relief due from July 2023

   20 October 2023 at 08:45

Cabinet approves release of an additional instalment of Dearness Allowance and Dearness Relief due from 01.07.2023

Posted in Community & General |   4461 Views


RBI Keeps Repo Rate steady at 6.5%

   06 October 2023 at 11:16

Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Posted in Community & General |   5163 Views


RBI appoints Shri Muneesh Kapur as new Executive Director

   05 October 2023 at 08:44

The Reserve Bank of India (RBI) has appointed Shri Muneesh Kapur as Executive Director (ED) with effect from October 3, 2023.

Posted in Community & General |   4845 Views


RBI extends deadline for exchange of Rs 2000 notes to October 7

   01 October 2023 at 06:17

As the period specified for the withdrawal has come to an end, and based on a review, it has been decided to extend the current arrangement for deposit / exchange of ₹2000 banknotes until October 07, 2023

Posted in Community & General |   4005 Views


RBI Reports 93% Return Rate for Rs 2000 Notes in Circulation

   02 September 2023 at 08:51

As of August 31, 2023, 93% of the ₹2000 banknotes in circulation as on May 19, 2023, have been returned. The total value of the returned notes is ₹3.32 lakh crore

Posted in Community & General |   5037 Views


Resilient Indian Economy and Monetary Policy: Sustained Growth Amid Global Challenge

   11 August 2023 at 08:47

As we celebrate India's 77th Independence Day in a few days, I am happy to note that the Indian economy is exuding enhanced strength and stability despite the massive shocks to global economy in recent years.

Posted in Community & General |   3255 Views


RBI Keeps Repo Rate Unchanged At 6.50%

   10 August 2023 at 11:14

Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Posted in Community & General |   5709 Views


RBI Discloses 88% Return of Rs 2000 Notes

   04 August 2023 at 08:45

88% of the ₹2000 banknotes in circulation as on May 19, 2023, have since been returned

Posted in Community & General |   5442 Views



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