You Searched For "RBI circular on cash ban" and got 15 results
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2 mins read
RBI directs card issuers to offer choice among card networks, bans restrictive agreements
According to a press release, the central bank prohibited card issuers from entering into agreement…
ANI
2 mins read
RBI reiterates its 2018 cryptocurrency circular not valid – crypto wallet deposits could resume soon
The Reserve Bank of India (RBI) has issued a circular to banks and other regulated entities clarify…
1 min read
RBI removes ban on Diners Club International while restriction on Mastercard, American Express continues
The Reserve Bank of India (RBI) has lifted a ban on payment system operator Diners Club Internation…
2 mins read
As the deposit deadline approaches, ₹2,000 notes fade from the system
With a couple of weeks to go before the deadline to deposit ₹2,000 banknotes, e-commerce giant Am…
3 mins read
‘Cow Offering’, ‘Hidden In Saree’: 7 reasons given at RBI by latecomers
Initially, Prime Minister Modi in his November 8 speech had promised the citizens that they will be…
2 mins read
Only one-third of Yes Bank’s customers withdrew more than ₹50,000 during the 12-day ban
India’s troubled private bank Yes Bank is scheduled to open up to customers tomorrow after the mora…
2 mins read
India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned
Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …
Hamza Fareed Malik
3 mins read
HDFC Bank withdraws letter on crypto transactions after RBI clarifies that its 2018 circular is no longer valid
India’s cryptocurrency regulations have been unclear, to say the least. The issues began…
1 min read
RBI allows PMC Bank customers to withdraw ₹10,000 over a period of six months from ₹1,000 earlier
Panic-stricken customers of Mumbai-based Punjab and Maharashtra Co-operative Bank get some relief f…
2 mins read
Cryptocurrency in India is legal but a pending bill with the government could change things
There’s a still proposed bill pending with the government that could prove tenuous — the Banning…
4 mins read
Exclusive: Bankers reveal why RBI is quietly rolling back the ₹2000 notes
These instructions carried out at by bank branches. But, our sources confirmed that such ins…
1 min read
Holding banned notes? Get ready to pay Rs 10,000
With the law coming into force, possession of more than 10 pieces of the old notes by individuals a…
1 min read
RBI lifts business curbs imposed on American Express Banking Corp
The Reserve Bank of India (RBI) has lifted the business restrictions imposed on American Express Ba…
1 min read
There may be no respite from long queues outside banks, ATMs to withdraw cash. Here’s why
"We had sought a hearing with RBI as we were not allocated enough cash, but we were told that ratio…
1 min read
Demonetisation: RBI does a U-turn, rolls back Rs 5000 deposit limit decision
Finance Minister Arun Jaitley had said people depositing more than Rs 5000 in banks will have to re…