For those who were not in India when banks were exchanging the old currency notes with the new one, RBI has announced a special facility to keep the process easy and hassle-free.

Leading bourse NSE Wednesday filed draft papers with market regulator Sebi for its much-awaited IPO, expected to be one of the biggest in recent times with an estimated size of over Rs 10,000 crore.

In connection with illegal exchange of old currency notes with the new one, CBI on Saturday arrested two RBI senior officials for allegedly converting Rs 1.99 crore of demonetised currency with specified bank notes of Rs 2,000 and Rs 100.

Post demonetisation, the banks have received over 12.44 trillion rupees or $184.24 billion in old Rs 500 and Rs 1000 currency notes till December 10, claimed Reserve Bank of India.

Another guideline has been added by Reserve Bank of India to ease out complexities post demonetisation move by Government. But, it seems like common man will be more confused with the new announcement as a lot of maths will be indulged before withdrawing funds from your bank account.

Demonetisation - a great move to cure black money funded economy. Now, when nearly 8 lakh crores have been flooded into the banks, the hopes were to enjoy low EMIs and better interest rates on savings. Wait! It is not happening anytime soon; instead get ready to face less interest rate on your savings with the banks.

Country's largest lender State Bank of India recorded 99.6 pc plunge in consolidated net profit at Rs 20.7 crore for the September quarter on account of 3-fold jump in bad loan provisioning

In India, people prefer to pay by cash as cashless payments don’t seem secure enough. Prime Minister Narendra Modi had been pitching people to do digital transactions. In a country where 98% transactions are done by case, Debit cards and their password getting compromised in like hitting the nail in coffin.

Interest on home loans is all set to fall as the new RBI governor Urjit Patel has announced a cut of 25 bps in repo rates. Giving a thumping start to his new role, Urjit Patel tried to woo retail buyers while he kept the Cash Reserve Ratio (CRR) unchanged.

The biggest-ever auction of 2G and 3G spectrum will begin on Wednesday.