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Reserve Bank of India

RBI asks Bajaj Finance to stop issuing loans under ‘eCOM’ and ‘Insta EMI Card’ for violation of digital lending guidelines

RBI asks Bajaj Finance to stop sanction and disbursal of loans under its two lending products with immediate effect

More than 97 per cent of Rs 2,000 banknotes returned to the banking system, Rs 10,000 crore worth of notes in circulation: RBI 

The Reserve Bank of India said Rs 10,000 crore worth of Rs 2,000 notes are currently in circulation.

Reserve Bank of India extends deadline for depositing Rs 2000 notes to October 7; reiterates that it would continue to remain a legal tender

Banks will stop accepting Rs 2,000 notes for deposit or exchange from October 8. However, RBI specified options that people could avail for depositing or exchanging Rs 2000 notes from October 8

The last date to exchange ₹2000 banknotes is 30 September, clarifies RBI amid reports of extension of the deadline

Reserve Bank of India (RBI) has clarified that Rs 2,000 denomination banknote will cease to have its value after Saturday, 20 September

Loan documents must be released within 30 days of full repayment, ₹5,000 penalty per day for delay: RBI announces major benefit for borrowers

RBI stated that banks and NBFCs have to release documents of properties and collateral mandatorily within 30 days.

RBI governor Shaktikanta Das rated A+ in Central Banker Report Card 2023 by Global Finance magazine

Reserve Bank of India Governor Shaktikanta Das has been rated A+ in the Global Finance Central Banker Report Cards 2023 by the Global Finance magazine.

The claim of missing ₹500 notes: Exclusive details of how data from documents obtained under RTI was misinterpreted and ignored to make an explosive...

The Free Press Journal claim that 1760.65 million pieces of ₹500 notes supplied by presses in 2016-17 is wrong, based on misinterpretation of data

Rs 2000 notes withdrawal to boost deposits, consumption, among other parameters, argues SBI Research

Adding to the Rs 2000 banknote deposits, some of the sectors -- Refinery, Oil and Gas, Power, and Chemicals -- which reported improved cash and bank balance, according to the report, are believed to be more active in parking funds with banks.

‘Erroneous interpretation of information collected under RTI’ – RBI dismisses claims of missing notes

Furthermore, RBI added that there is a robust system in place for the reconciliation of banknotes printed at the presses and supplied to RBI that includes protocols to monitor the production, storage, and distribution of banknotes.

Around half of 3.62 lakh crore ₹2000 notes in circulation deposited by people into banks: RBI governor Shaktikanta Das

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said 50 per cent of the to-be-withdrawn Rs 2,000 notes came back to the system.

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