Tag: demonetisation

Economic Survey 2016-17 Impact of Demonetisation. Effect through end-December and likely longer-term effect. Cash squeeze to end by April 2017.

Economic Survey 2016-17 Impact of Demonetisation. Effect through end-December and likely longer-term effect. Cash squeeze to end by April 2017. Ministry of Finance Dated: 31/01/2017 Press Release GDP growth in 2017-18 is projected at 6 ¾ to 7 ½ percent Post-demonetisation Middle class to get affordable housing due …

Business Sentiments for Q4:2016-17 Declines-RBI Survey. 76th round of RBI Industrial Outlook Survey (IOS) was conducted during Oct-Dec 2016

Business Sentiments for Q4 2016-17 Declines-RBI Survey Decline in Overall Business Sentiments for Q4:2016-17: RBI’s Industrial Outlook Survey finds The 76th round of the Reserve Bank of India’s Industrial Outlook Survey (IOS) indicated a decline in business sentiments. This round of the survey was conducted during October-December 2016. …

ATM-Current account Cash withdrawal limit increased. For ATM from 4500/- to 10000/- per day per card and for C/A from 50000/- per week to 100000/-

ATM-Current account Cash withdrawal limit increased. For ATM  from Rs. 4500/- to 10000/- per day per card and for C/A or overdrafts from 50000/- per week to 100000/- Reserve Bank of India Enhancement of withdrawal limits from ATMs and Current Accounts RBI/2016-17/213 DCM (Plg) No.2559/10.27.00/2016-17 January 16, 2017 …

Demonetization-historic decisions have temporary pain attached to them. Difficult decisions initially pass through difficult phases as Finance Minister

Demonetization-historic decisions have temporary pain attached to them-Finance Minister Ministry of Finance Press Release Dated 11/01/2017 On demonetization, Finance Minister Shri Arun Jaitley says that difficult decisions initially pass through difficult phases as historic decisions have temporary pain attached to them. Stressing the implementation of GST, FM says …

Foreign citizens can exchange old notes till 31-01-2017. RBI relaxes the SBNs exchange facility to foreign citizens (i.e. foreign passport holders)

Foreign citizens can exchange old notes till 31-01-2017. RBI relaxes the SBNs exchange facility to foreign citizens (i.e. foreign passport holders) Reserve Bank of India RBI/2016-17/208 A.P. (DIR Series) Circular No. 24 January 03, 2017 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention …