Tag Archives: RBI

RBI raises ATM withdrawal limit to Rs 10,000 from Rs 4,500

atm

The Reserve Bank of India (RBI) on Monday increased the daily limit for ATM withdrawals from current Rs. 4,500 to Rs 10,000 per day with immediate effect. Overall Weekly Withdrawal Limit remains Rs 24,000. However, limit on withdrawal from current accounts increased from current limit of Rs 50,000 per week to Rs 1 lakh perContinue Reading…

NRIs, Indians Abroad to show Old Notes to Customs at Airport

old-notes

The Finance Ministry today declared that the NRIs and Indian Nationals abroad can deposit up to Rs 25,000 of old Rs. 1000 and Rs. 500 notes, if they show the junked notes to Customs officials at the airport and get declaration form stamped. The Government has offered a grace period of three months for IndianContinue Reading…

RBI increases ATM withdrawal limit to Rs 4,500 per day

ATM withdrawal

In a big relief to common man, the Reserve Bank of India (RBI) increased ATM cash withdrawal limit to Rs 4,500 per day from the current Rs 2,500 with effect from 1 January 2017. However weekly withdrawal limit remains unchanged at Rs 24,000 for common man and Rs 50,000 for small traders. Friday was theContinue Reading…

Deadline to deposit junked Rs 500, Rs 1000 Notes ends today

money

The deadline to deposit the old Rs 500, 1,000 notes in banks comes to an end today. The Reserve Bank of India (RBI) on Friday notified the closure of the deposit and exchange of the demonetised Rs 500 and Rs 1,000 currency notes in banks. RBI has asked bank branches to deposit all old RsContinue Reading…

RBI to supply Rs.65 to 70 crore to DCCBs daily to meet Farmers Requirement

rbi-dccbs

Taking forward the directions of Chief Minister Naveen Pattaniak for improving liquidity level of the District Central Cooperative Banks (DCCBs), Development Commissioner R. Balakrishnan reviewed the progress today in a high level meeting held in secretariat conference hall wherein Principal Secretary Cooperation Manoj Ahuja outlined the issues for discussion. Taking stock of the situation DevelopmentContinue Reading…

Govt takes various steps for smooth Farm Operations during Rabi Season

farm-workers

Following the cancellation of legal tender character of old Rs. 500 and Rs.1000 notes, a number of measures have been announced by the Union Government, taking into consideration the requirements of various sections of society. The Central Government on Wednesday taken certain decisions for the benefit of farmers in the current Rabi season and toContinue Reading…

Odisha CM urges PM Modi to allow DCCBs to accept Demonetised Notes

Naveen Patnaik

Chief Minister Naveen Patnaik on Wednesday wrote to Prime Minister Narendra Modi requesting him to direct Reserve Bank of India (RBI) to allow District Central Cooperative Banks (DCCBs) to exchange and accept demonitised Rs 500 and Rs 1000 currency notes like other banks across the country. In his letter to PM Modi the┬áChief Minister wrote,Continue Reading…

Rumours of Ban on Rs 10 Coins spark panic in Odisha

Rs 10 coins

A rumour has trigger across Odisha that Rs 10 coins had been declared invalid by the Reserve Bank of India. Small traders, local shops, vendors and auto-rickshaw drivers are not accepting the Rs 10 coins in the City. People are showing queued up outside the RBI Office in Bhubaneswar on Monday to exchange 10 rupeeContinue Reading…

Make ‘Sachet’ Portal available in vernacular, Odisha suggests RBI

Untitled

Governor Reserve Bank of India Dr Raghuram G. Rajan inaugurated the web portal called Sachet from RBI head quarters in which Chief Secretary, Odisha Sri Aditya Prasad Padhi, Development Commissioner & Additional Chief Secretary Finance Sri R. Balakrishnan along with Special DG Crime Sri B.K. Sharma participated through a video conference from Odisha State Secretariat.Continue Reading…


Fatal error: Call to undefined function twentytwelve_content_nav() in /home/odisha/public_html/wp-content/themes/newsinsight/tag.php on line 38