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Banks can accept coloured notes but avoid dirtying them - RBI

Banks can accept coloured notes but avoid dirtying them - RBI

Blog 10 March 2017
The Reserve Bank of India on Thursday clarified that banks can accept colour-stained notes amid messages circulating on WhatsApp that public sector banks have been asked not to accept coloured Rs 2,000 and Rs 500 notes. The Reserve Bank of...
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Work from Home Facility - Launched by SBI

Work from Home Facility - Launched by SBI

Blog 10 March 2017
Country's largest lender State Bank of IndiaBSE -0.18 % today launched a new facility to enable its employees to work from home. The Board of the bank has recently approved the 'Work from Home' policy to enable its employees to work while a...
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Impact of Demonetization on Indian Economy

Impact of Demonetization on Indian Economy

Blog 10 March 2017
Demonetization will hit the economy The demonetization of the 500 rupee note and the 1,000 rupee note—the two highest currency denominations available in India—will likely hit the economy hard in the short term. The surprise move is expecte...
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