India was close to printing Rs 10,000 notes in 2016: All you need to know India has already had Rs 10,000 notes as its highest denomination in the past

Single moms struggle with finances, experts advise brushing up on planning For Seema Kwatra, a 42-year-old schoolteacher in Delhi, planning her finances as a single mother has been anything but easy. She feels often stumped by unexpected expenses and overspending and, as a result, a lack of savings. Sheela (name changed on request), who has been a single mother ...

Withdrawal of Rs 2,000 to have favourable impact on deposits, says SBI An SBI study on Tuesday said the withdrawal of Rs 2000 currency note is likely to be a non-event but it will have a favourable bearing on liquidity, bank deposits and interest rates. The 131-day window to exchange junked 2000 rupee currency notes opened on Tuesday ...

Exchange Rs 2000 Notes: Can you exchange Rs 2000 notes at the post office? Here is what the Department of Post says [ad_1] The Reserve Bank of India has decided to stop issuing banknotes with the denomination of Rs 2000 in accordance with its “Clean Note Policy” as stated in its press release dated May 19, 2023. However, the Rs ...

Long queues in banks across Delhi as Rs 2,000 notes exchange begins As the process for exchange of Rs 2,000 currency notes began on Tuesday, long queues were observed at various bank branches in Delhi as customers eagerly exchanged the currency notes for smaller denominations. However, at some places, people alleged that the banks were asking them to ...

SBI General unveils ‘Surety Bond Bima’ for infrastructure projects SBI General Insurance, the non-life insurance arm of State Bank of India (SBI), on Tuesday announced the launch of the General Surety Bond Bima (Conditional & Unconditional)’ insurance product. Surety Bond Insurance will act as a security arrangement for infrastructure projects and will insulate the contractor as well as ...

HNIs embracing passive funds on under-performance of active funds High networth individuals (HNIs) are increasingly lapping up passive funds, with their exchange-traded fund asset base registering a 66 per cent growth to Rs 34,000 crore in 2022-23, according to a report on Tuesday. HNIs are informed investors, and hence, use platforms that allow direct investing in passive funds. ...

I-T dept enables filing of income tax returns 1, 4 at e-filing portal The Income Tax department has enabled online filing of income tax returns (ITRs) 1 and 4, filed by individuals, professionals and small businesses, for 2022-23 fiscal. In a tweet, the income tax department said, the software/utilities for preparing other ITRs/ Forms will be enabled shortly. ...

Cash share in POS transaction value to fall 50% to $6 trn globally by 2026 Riding on digital payments, the point-of-sale (POS) transaction value share conducted in cash is expected to fall from $11.6 trillion in 2021 to $6.0 trillion globally by 2026, a decline of nearly 50 per cent, a report showed on Tuesday. Some governments are ...

Google Pay allows UPI payments using RuPay credit cards; check details here Google Pay in conjunction with the National Payments Corporation of India (NPCI) on Tuesday launched the facility for users to make United Payments Interface (UPI) payments with RuPay credit cards. With this, users will now be able to link their RuPay credit cards with Google Pay to pay ...