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How important was the note for the Indian economy?

The Reserve Bank of India (RBI) on May 19 announced the decision to withdraw Rs 2,000 banknotes from circulation in the Indian economy....

Paytm Money Launches Bond Investing on Platform for Retail Investors

Banks tier II bond issuance surges 3.5 times in FY23, shows dataHere's why Macquarie has double upgraded Paytm's stock to 'Outperform'Paytm shares rise...

Rs 2,000 note withdrawal: Do not panic, you're not back in November 2016

Those with accounted cash shouldn't worry; but be aware of SFT reporting thresholds, limits on cash transactions, and PAN requirement Source link

Flows into NRIs deposits in India top $8-billion mark in 2022-23

A further analysis indicated FCNR (B) deposits were $19.34 billion this March, up from $18.4 billion in February The bank accounts of non-resident Indians...

U.S. Department of Education Supports Government of Puerto Rico’s Move to Decentralize the Puerto Rico Department of Education

Today, the U.S. Department of Education (the Department) expressed its support for the Commonwealth of Puerto Rico's decision and commitment to decentralize the...

Indians sent $27.14 bn abroad under LRS in FY23, up nearly 40% YoY

Indians remitted about $27.14 billion in the financial year ended March 2023 under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS),...

U.S. Department of Education’s Office for Civil Rights Resolves Investigation of the Removal of Library Books in Forsyth County Schools in Georgia

The U.S. Department of Education's Office for Civil Rights (OCR) today announced a resolution agreement with Forsyth County Schools (district) in Georgia concerning...

RBI Governor addresses PSU banks’ board members of on governance, ethics

Reserve Bank Governor Shaktikanta Das on Monday met the board of directors of all public sector banks to discuss issues related to governance...

What is RBI’s ‘Clean Note Policy’, why are notes being withdrawn under it

The Reserve Bank of India (RBI) has decided to withdraw the Rs 2,000 note after only seven years of circulation under the ‘Clean...

RBI asks banks to keep daily data on exchange, deposit of Rs 2,000 notes

SC upholds demonetisation, says test of proportionality satisfiedProvide adequate infra at branches for Rs 2,000 note exchange: RBI to banksRBI withdraws Rs 2,000...

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