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The Latest Breaking News from the Reserve Bank of India

‘Like a filmstar who fades away’: Newspapers bid farewell to the Rs 2,000 note – and criticise the RBI

Less than seven years after they came into our lives, it’s time to bid farewell to India’s purple Rs 2,000 notes. That’s what the Reserve Bank of India announced last week.

Newslaundry

Andhra Pradesh: YSRCP government steeped in corruption, alleges BJP State president Somu Veerraju

Withdrawal of the ₹2,000 denomination banknotes by the Reserve Bank of India is a bold step taken by Prime Minister Narendra Modi to unearth black money, says Somu Veerraju

The Hindu

Rajasthan: Over Rs 2.31 crore cash, gold found at Information Tech Dept in Yojna Bhawan in Jaipur

The seizure was made on Friday when the Reserve Bank of India announced the withdrawal of Rs 2,000 notes from circulation. Read further on Dynamite News:

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Is 'second demonetisation' cover-up of wrong decision made earlier, asks Kharge

Opposition leaders on Saturday hit out at the government after the RBI announced the withdrawal of ₹2,000 currency notes from circulation, with Congress president Mallikarjun Kharge asking if the “second demonetisation” is an effort to cover up the wrong decision made earlier.

The Hindu

RBI withdraws Rs 2000 note from circulation, to remain legal tender; exchange facility available till Sept 30

The Reserve Bank of India has decided to withdraw the Rs 2000 denomination banknotes from circulation but they will continue to remain as legal tender. Read further on Dynamite News:

Dynamite News

Explained | What are RBI regulations on green deposits?

The Reserve Bank of India (RBI) has come up with a regulatory framework for banks to accept green deposits from customers.

The Hindu

RBI clears SBI Funds to buy up to 9.99% stake in HDFC Bank

MUMBAI: India's HDFC Bank said on Wednesday that the Reserve Bank of India had allowed SBI Funds Management Ltd to acquire a stake of up to 9.99% in the private lender.

The Times of India

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Google restricts personal loan apps on Play Store from May 31

Google has revised its Play Store policies support page regarding Android financial service apps. Read further on Dynamite News:

Dynamite News

RBI decides to keep repo rate unchanged at 6.5 pc

The Reserve Bank of India has decided to keep the key benchmark interest rate - repo rate - unchanged at 6.5 per cent with readiness to act should the situation so warrant, Governor Shaktikanta Das announced on Thursday, after a two-day monetary policy (MPC) meeting. Read further on Dynamite News:

Dynamite News

RBI keeps repo rate unchanged at 6.5%

NEW DELHI: In a surprise move, the Reserve Bank of India's monetary policy committee (MPC) on Thursday decided to keep the repo rate unchanged at 6.5%, RBI governor Shaktikanta Das said.

The Times of India

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