Today, 07 December 2016, Reserve Bank of India in its fifth bimonthly policy review surprised all the economists and analysts by keeping the repo rate unchanged at 6.25%. However the RBI has...
Three days after demonetization on 08 November 2016, RBI had come with a measure to suck out liquidity from banks. There had been a deluge of deposits in banking system which is...
Cash shortage after Demonetisation Rs 500 and 1000 banknotes has effected the entire nation. Long queue outside Banks and ATM shows how day to day life of people is effected. Demonetization not...
On 08 November 2016, Indian Prime Minster, Mr. Narendra Modi announced the demonetization of Rs.500 and Rs.1000 currency notes with effect from that midnight. These two denominations account for 86% of money...
The new 2000 Rupee Bank notes circulated from the 10th of November. The Reserve Bank of India (RBI) revealed the new denomination on the 8th of November, and this series of notes...
Prime Minister Mr Narendra Modi announced today that existing denomination of Rupees 500 and 1000 will invalid from midnight of 8 November, 2016 (Tuesday). Though other existing denomination of Re 1, Rs...
In past few days, internet news agencies and newspapers have been conveying many stories about payment banks. As it is a newly popularized concept for the first time in India, so not have...
The Reserve Bank of India has released it’s much anticipated revised guidelines for calculating benchmark lending rates. These guidelines will allow banks to calculate lending rates by basing them close to the...
As we all know that the world is suffering from severe global warming issues. Unpredictable weather and environmental changes have urged the mankind to sit on a table and think about it....
