The Reserve Bank of India (RBI) has received ₹2.72 lakh crore in ₹2000 notes since May 19, 2023. This is about 76% of the ₹2,000 banknotes that were in circulation as on May 19.
RBI on Sunday refuted reports that Rs 88,032.5 crore worth of Rs 500 notes have gone missing. The RBI said that all the banknotes supplied from printing presses to the central bank are properly accounted for.
Rs.2000 Denomination BanknotesWithdrawal from Circulation; Will continue as Legal Tender
Finance Minister Nirmala Sitharaman stressed the government’s priority to incentivise and encourage expenditures in India through production-linked incentive (PLI) schemes
RBI has informed all financial institutions including banks and NBFCs to treat informal micro enterprises (IMEs) not covered under the GST regime or exempted from the CGST Act, 2017, but having the Udyam Assist Certificate (UAC) as micro enterprises
The Reserve Bank has undertaken a comprehensive review of the system of processing of applications for registration as Core Investment Companies (CICs) to make the registration process smoother and hassle free.
MUDRA helped in generation of large-scale employment opportunities at grassroots level and also proved a game changer while boosting Indian economy: Finance Minister Smt. Nirmala Sitharaman
Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
The Reserve Bank of India (RBI) has appointed Shri Neeraj Nigam as Executive Director (ED) with effect from April 03, 2023.
National Payment Corporation of India (NPCI) via its official Twitter handle has issued a statement clarifying that there is no charge to customers.
"Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
