Investments via P-Notes hit 7-yr high of Rs 2.72lakh cr in February

Last Updated: Monday, March 23, 2015, 18:03

Investments in Indian markets through participatory notes (P-Notes) surged to the highest level in seven years at Rs 2.72 lakh crore (USD 43.6 billion) in February.

Over 164 cr pieces of pre-2005 rupee notes shredded

Last Updated: Friday, March 20, 2015, 18:16

Over 164 crore pieces of pre-2005 currency notes of various denominations, including Rs 1,000, were shredded in regional offices of Reserve Bank in 13-month period ending January 2015, Parliament was informed on Friday.

RBI to issue Rs 10 bank notes with rupee symbol and letter N

Last Updated: Thursday, February 12, 2015, 21:30

Reserve Bank on Thursday said it will soon issue Rs 10 denomination bank notes in the 'Mahatma Gandhi Series-2005', incorporating rupee symbol and inset letter 'N' in the numbering panel.

Exim Bank sells $500 mn debt in overseas market at 2.87% coupon

Last Updated: Thursday, February 5, 2015, 18:19

The current issue is part of the Bank's USD 6 billion medium term notes and will be listed on the Singapore Exchange.

Investments via P-Notes drop to Rs 2.36 lakh crore in Dec

Last Updated: Monday, January 19, 2015, 19:29

Investment in Indian markets through participatory notes (P-Notes), a preferred route for HNIs and hedge funds from abroad, declined to Rs 2.36 lakh crore (USD 38 billion) in December from the preceding month.

RBI extends deadline to exchange pre-2005 notes till June 30

Last Updated: Tuesday, December 23, 2014, 20:40

The deadline for exchanging pre-2005 currency notes of various denominations, including Rs 500 and Rs 1,000, has been extended by another six months till June, 30, 2015.

RBI extends time for exchanging pre-2005 currency notes

Last Updated: Tuesday, December 23, 2014, 19:47

The Reserve Bank on Tuesday granted an additional 6 months for the public to exchange currency notes printed before 2005, including Rs 500 and Rs 1,000 denominations, and set a deadline of June 30, 2015.

Deadline to exchange pre-2005 currency notes ends on Jan 1

Last Updated: Sunday, December 21, 2014, 12:34

The Reserve Bank has so far shredded 144.66 crore such notes valued at Rs 52,855 crore since the launch of the drive to take out the pre-2005 notes from the circulation.

Checks in place to monitor investments through PN: Govt

Last Updated: Tuesday, December 2, 2014, 19:33

Proper monitoring is in place to check investments made through Participatory Notes and there have been huge inflows of genuine funds through the instrument this year, the government said on Tuesday.

Pre-2005 notes valid for commercial transaction till March: RBI

Last Updated: Tuesday, January 28, 2014, 21:21

Reserve Bank on Tuesday said all pre-2005 currency notes can be used for commercial transaction only till March 31 but could be exchanged at banks even after this deadline.

RBI asks public to start exchanging pre-2005 currency notes

Last Updated: Friday, January 24, 2014, 18:02

The Reserve Bank has advised the public to start exchanging pre-2005 notes at banks, saying the volume of such notes that are being withdrawn from circulation is 'not significant.'

Move to withdraw pre-2005 notes "anti-poor": BJP

Last Updated: Thursday, January 23, 2014, 21:56

BJP on Thursday slammed the government`s decision to withdraw by March 31 all currency notes issued prior to 2005 and said that, instead of curbing black money, it had formulated an "anti-poor" move which would badly affect the illiterate and poor living in the remote areas of the country.