Community & General News


Cash withdrawal restriction removed of deposit made in legal tender on or after November 29, 2016

   29 November 2016 at 13:40

RBI/2016-17/163DCM.No.1437/10.27.00/2016-17November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Cooperative Banks/State Cooperative Banks/

Posted in Community & General  5 comments |   20628 Views


Bill introduced by govt in Parliament to tax black money

   28 November 2016 at 17:12

Taxation Laws (Second Amendment) Bill, 2016 introduced in Lok Sabha; A scheme namely, Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY) proposed in the Bill. Evasion of taxes deprives the nation of crit

Posted in Community & General |   18735 Views


RBI Announces Measures to Manage Liquidity Conditions

   28 November 2016 at 10:34

With the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes (hereafter referred to as Specified Bank Notes - SBNs) beginning November 9, 2016, there has been a surge in deposits relative to the expansion in bank credit

Posted in Community & General |   2958 Views


Steps taken by govt to promote digital payments

   24 November 2016 at 11:13

The Central Government takes various decisions for the benefit of farmers in the current Rabi Season and to promote digital payments in the economy. Following the cancellation of legal tender character of old Rs. 500 and Rs.1000 notes, a number of me

Posted in Community & General  1 comments |   5082 Views


Govt allows farmers to purchase seeds with older notes

   22 November 2016 at 10:51

To further support farmers for the current Rabi crop, the Government has decided to allow farmers to purchase seeds with the old high denomination bank notes of Rs.500 from the Centres, Units or Outlets belonging to the Central or State Governments,

Posted in Community & General |   2418 Views


Central govt sends a team to states to report on status of implementation of demonetisation

   22 November 2016 at 10:51

The Central Government constitutes Committees of Addl. Secretaries/Joint Secretaries/Directors for visiting States/UTs and reporting about the status of implementation of its recent decision relating to cancellation of legal tender of high denominati

Posted in Community & General  1 comments |   2874 Views


Salary Advance for Nov 2016 to be paid to Non-Gazetted Employees of Central Government

   21 November 2016 at 10:48

Salary Advance for the Month of November, 2016 to be paid to Non-Gazetted Employees of Central Government

Posted in Community & General  1 comments |   4494 Views


686 petrol pumps have begun dispensing cash against swiping of debit cards

   18 November 2016 at 17:45

Cash dispensing facility had become operational at 686 retail outlets by 4 p.m today, of which 350 belonged to IOCL, 266 to BPCL and 70 to HPCL.

Posted in Community & General  2 comments |   4629 Views


Financial documents called of the applicants for MEF 2016-17

   16 November 2016 at 18:44

PD/A- 346 /2016 Dear Sir(s)/Madam, Sub: Multipurpose Empanelment for the year 2016-17 It has been decided to call for Financial Documents of the applicants for Multipurpose Empanelment, for the year 2016-17. The above MEF has been selected as one

Posted in Community & General |   4104 Views


Procedure for putting indelible ink for the customer coming to bank

   16 November 2016 at 10:41

RBI/2016-17/133DCM (Plg) No.1280/10.27.00/2016-17November 15, 2016The Chairman / Managing Director/Chief Executive Officer,Public Sector Banks / Private Sector Banks/ Foreign BanksRegional Rural Banks / Urban Co-operative Banks / State Co-operative B

Posted in Community & General  3 comments |   3159 Views



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