Rs 200 note to start circulating from September
To ensure smooth transactions and currency circulation, RBI is planning to launch 200 rupee note by the first week of September.
The Indian Wire covers banking related news, feedbacks, announcements and write about tips to handle banking more efficiently.
To ensure smooth transactions and currency circulation, RBI is planning to launch 200 rupee note by the first week of September.
RBI is set to launch new ₹50 note in the coming days. The note will be of fluorescent blue colour and have motif of Hampi with chariot.
State Bank of India has announced a cut in the interest rates for savings account customers. The new interest rate will be 3.5%.
Indian Overseas Bank goes live with Bharat Bill Payment system after RBI approves the NPCI proposal of Bharat Bill Payment system.
ICICI Prudential Life Insurance is taking over the life insurance business portfolio of Sahara India Life Insurance from 31st July 2017, directs IRDA.
Kotak Mahindra Bank has partnered with Avenues India to provide instant forex remittance solution based on Aadhaar.
Santosh Kumar Gangwar, Minister of State for Finance has suggested that the government is launching 200 rupee note soon.
After pilot testing for almost one year, the RBI has approved NPCI to work as Bharat Bill Payment Central Unit (BBPCU) and operate the Bharat Bill Payment System (BBPS).
Bandhan Bank has generated the net profit up to ₹327 crore during the first quarter of the current financial year as compared to the same period previous fiscal.
BHIM app has reached the trademark of 16 million downloads. NPCI is going to launch its updated version soon.