Tag archive for ‘Demonetization News 2016’
By oyechronicle On Monday, March 13th, 2017

End of demonetization! RBI removes all restrictions on cash withdrawals

(adsbygoogle = window.adsbygoogle || []).push({}); The Reserve Bank of India (RBI), on Monday, lifted the limit on cash withdrawals from banks and ATMs placed following demonetization announced by Prime More...

By oyechronicle On Thursday, February 16th, 2017

Operation Clean Money puts nine lakh accounts under scanner

In a major development, almost half of the 18 lakh people under the I-T scanner for suspicious bank deposits after demonetisation have been placed in the ‘doubtful’ category. However, action against More...

By oyechronicle On Wednesday, February 8th, 2017

Good News! All restrictions on cash withdrawals to be removed from March 13

The Reserve Bank of India (RBI), on Wednesday, gave another relief to the common man, as the tough impact of demonetisation slowly seems to be coming to an end. The central bank stated that the weekly limit on withdrawal More...

By oyechronicle On Monday, February 6th, 2017

Here’s why you should not accept cash of over Rs 3 lakh from April 1

In a move to check black money, the Narendra Modi government has banned cash transactions over Rs 3 lakh. Now, a further announcement has been made for ones accepting cash over Rs 3 lakh from April 1. In an interview More...

By oyechronicle On Saturday, February 4th, 2017

Good news: Remonetization process almost complete

The exercise of remonetization, which began after the scrapping of Rs 500 and Rs 1,000 notes on November 8 is “nearly complete”. According to Economic Affairs Secretary Shaktikanta Das, this can be said More...

By oyechronicle On Monday, January 30th, 2017

Latest Demonetization News : RBI lifts daily cash withdrawal limit

The Reserve Bank of India (RBI) on Monday stated that it will lift restrictions on daily cash withdrawals from automated teller machines (ATMs) starting Wednesday, February 1. Further, restrictions on withdrawal More...

By oyechronicle On Thursday, January 19th, 2017

RBI Governor Urjit Patel confessions in explosive email leaked

Under fire RBI Governor Urjit Patel has told his colleagues to have a ‘zero tolerance’ policy towards all endeavours that are meant at undermining the reputation of the central bank. Giving his maiden address More...

By oyechronicle On Monday, January 16th, 2017

Everything You Need To Know Why RBI Raised Withdrawal Limit from ATMs to Rs 10,000

In a significant development that should bring some relief to the common man, the Reserve Bank of India (RBI) on Monday announced that the cash withdrawal limit from ATMs was being increased to Rs 10,000 per day More...

By oyechronicle On Wednesday, January 11th, 2017

Demonetization Latest News – BJP slams Rahul Gandhi comments on Modi

Demonetization latest news – Rahul Gandhi comments on Narendra Modi over demonetisation were hit back strongly by the BJP on Wednesday claiming that the Congress Vice President was speaking for himself and More...

By oyechronicle On Sunday, January 8th, 2017

Demonetisation News : Now, IT wants report on cash deposits before note bandi

Developments in the demonetisation saga refuse to end. The latest income tax department news is that the department has asked banks to submit reports on cash deposits in savings accounts between April 1 and November More...

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