RBI
No dearth of cash, says RBI governor but urges people to go digital
28 Nov 2016
RBI has asked scheduled banks to maintain an incremental CRR of 100 per cent, effective the fortnight beginning 26 November 2016, till RBI reviews monetary policy on 9 December
Cash crunch: RBI eases repayment norms for small loans
22 Nov 2016
The new norms are applicable only for dues payable between 1 November and 31 December this year, as this is a short-term deferment of norms due to the current currency crunch
RBI hikes weekly withdrawal limit on current accounts to Rs50,000
14 Nov 2016
RBI has advised banks to deploy micro ATMs near panchayat offices, police stations, military outposts, government departments, offices of public sector units, petrol pumps and other secure locations and also enhance the limits of the micro ATMs to at least Rs50,000 and allow frequent replenishment of cash to them
All existing Rs500 and Rs1,000 notes denotified
09 Nov 2016
Rupee notes of 500 and 1,000 denominations will be accepted against most essential goods and services in the interim while all notes of Rs100, Rs50, Rs10, Rs5, Rs2 and Re1 will remain legal tender
