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Supreme Court asks Centre, RBI to respond on plea for banned note exchange

Supreme Court asks Centre, RBI to respond on plea for banned note exchange

Mar 06, 2017, at 08:43 pm

New Delhi, Mar 6 (IBNS): The Supreme Court on Monday sought response from the Centre and the Reserve Bank of India (RBI) regarding allegations that people are not being allowed to deposit demonetised notes despite the March 31, 2017, deadline promised earlier, according to media reports.

Illegal note exchange: 2 RBI officials arrested

Illegal note exchange: 2 RBI officials arrested

Dec 18, 2016, at 01:20 am

Bangalore, Dec 17 (IBNS): The Central Bureau of Investigation on Saturday arrested two Reserve Bank of India officials for allegedly being involved in the illegal exchange of Rs.1.99 crore in demonetised currency here, media reports said.

Urjit Patel to become next Governor of RBI

Urjit Patel to become next Governor of RBI

Aug 21, 2016, at 12:47 am

Mumbai/New Delhi, Aug 20 (IBNS): In a major development, sitting deputy Governor Urjit Patel will soon take over as the 24th Governor of the Reserve Bank of India.

New one rupee notes to be introduced by the RBI

New one rupee notes to be introduced by the RBI

Mar 30, 2016, at 07:12 pm

Mumbai, Mar 30 (IBNS) The Reserve Bank of India (RBI) said on Tuesday that it will soon put into circulation currency notes of one rupee denomination and the existing currency notes in this denomination in circulation will also continue to be legal tender.