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Demonetisation: The curious case of coins scarcity and foreign money hoarding

Demonetisation: The curious case of coins scarcity and foreign money hoarding

It’s been well over a month for the reason that prison soft reputation of the vintage Rs 500 and a thousand notes (referred to as distinct financial institution notes or SBNs) turned into withdrawn. All…

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Now, banks requesting source of price range deposited in old forex

Now, banks requesting source of price range deposited in old forex

An afternoon after the Union authorities announced that financial institution clients could now want to offer nice rationalization while depositing greater than Rs five,000 in vintage currency notes, each bank has come out with its…

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Demonetisation: Enough currency with RBI to ultimate beyond December 30, says Arun Jaitley

Demonetisation: Enough currency with RBI to ultimate beyond December 30, says Arun Jaitley

The Reserve Financial institution of India has sufficient forex to be furnished even after December 30 and the important Financial institution changed into thoroughly organized for the forex withdrawal selection, finance minister Arun Jaitley stated…

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RBI allows banks to raise Masala bonds, opens up currency market

RBI allows banks to raise Masala bonds, opens up currency market

The central bank authorizes [null,2,0]  the platform for repo in corporate bonds and encourage credit supply for large borrowers through market mechanism The Reserve bank of India (RBI) on Thursday allowed banks to elevate capital via…

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Echoes of Thirties in exchange-cum-foreign money war

Echoes of Thirties in exchange-cum-foreign money war

Even as a few Indian buyers cheer the rollback of contentious budget proposals by way of the finance ministry, an escalation of the US-China warfare appears to have spooked markets globally. The latest cause seems…

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