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RBI extends deadline to exchange pre-2005 notes till Dec 31

Last Updated: Thursday, June 25, 2015, 22:04

The Reserve Bank Thursday extended the deadline for exchanging pre-2005 currency notes of various denominations, including of Rs 500 and Rs 1,000, by six months till December 31, 2015.

RBI extends deadline for exchanging pre-2005 notes to Dec 31

Last Updated: Thursday, June 25, 2015, 20:53

For the third time, the Reserve Bank of India on Thursday extended the deadline for exchanging pre-2005 currency note by six months to December 31, 2015.

Time running out for you to exchange pre-2005 currency notes

Last Updated: Sunday, June 21, 2015, 12:42

The earlier deadline was January 1, but later the Reserve Bank had extended it till the end of this month. All pre-2005 notes continue to remain a legal tender.

Moody's downgrades IDBI Bank's baseline credit profile

Last Updated: Friday, June 5, 2015, 17:32

"We consider that IDBI Bank's standalone credit profile continues to be negatively impacted by its asset quality issues. Its impaired loan ratio rose to 14.7 percent at end-March 2015 as against 12.16 percent a year earlier," it said.

FM opens facility for domestic currency paper in MP

Last Updated: Saturday, May 30, 2015, 18:59

Finance Minister Arun Jaitley on Saturday inaugurated a new production line here to manufacture currency paper, saying it symbolises the beginning of the 'Make In India' initiative and would ensure high-denomination notes are printed on locally-made paper.

Rupee loses ground, down 11 paise to 63.78 against dollar

Last Updated: Wednesday, May 20, 2015, 09:42

The rupee depreciated by 11 paise to 63.78 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange due to appreciation of the American currency overseas riding on strong economic data.

Investment via P-Notes shrinks to Rs 2.68 lakh crore

Last Updated: Monday, May 18, 2015, 14:22

Investments into Indian markets through participatory notes (P-Notes) have dropped to Rs 2.68 lakh crore (USD 42 billion) at the end of April, after hitting over 7-year high in the preceding month.

RBI to come out with new series of currency notes soon

Last Updated: Thursday, May 14, 2015, 21:31

RBI Thursday said it will soon come out with a new series of the currency notes as part of its constant endeavour to improve the security features of the currency bills.

RBI to come out with new series of currency notes soon

Last Updated: Thursday, May 14, 2015, 20:38

RBI on Thursday said it will soon come out with a new series of the currency notes as part of its constant endeavour to improve the security features of the currency bills.

No plans to introduce Rs 15 currency notes: Government

Last Updated: Friday, May 8, 2015, 16:13

Commercial production from the new lines is expected to commence by the end of 2015.

Bank of India to raise $750 mn through bonds

Last Updated: Tuesday, April 28, 2015, 13:06

State-run Bank of India on Tuesday opened its bond issue to raise USD 750 million (about Rs 4,750 crore) under its medium-term notes (MTN) programme.

Safeguards in place to check misuse of P-Notes: Sinha

Last Updated: Friday, April 24, 2015, 19:22

The government on Friday said safeguards have been put in place to prevent misuse of Participatory Notes (P-Notes).