There is no RBI notification approving 5-day working week for banks from June 1. Message on WhatsApp is a hoax
Under Modi government digital payments have increased over 3 times from FY 14 to FY 17. Has demonetisation contributed to this growth story?
BOOM presents a ground report of the mood outside RBI Headquarters in Mumbai as the deadline for Demonetisation comes to an end.
Banks including HDFC, shall charge a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month.
The monetary policy committee has changed its stance on monetary easing from accommodative to neutral, suggesting a hawkish outlook.
Credibility will be strengthened if demonetisation is accompanied by complementary measures. Early and full remonetisation essential.