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Thursday, Feb 20, 2020
Beena Parmar

Beena Parmar

About

Beena Parmar has been is a banking and finance journalist for over 6 years. She loves to read about politics, society

articles by Beena Parmar (179 results)
Dec 07, 2016 19:05
RBI governor says benefits to accrue in long term, evades direct answer on quantum of money that will come back into the system read more
Dec 07, 2016 11:11
The Reserve Bank of India will most likely cut key interest rates later today with economists betting between 0.25% to 0.50% as the quantum of reduction. read more
Dec 07, 2016 10:56
Banks may be flush with cash after demonetisation pushed people to deposit old Rs 500 and Rs 1,000 notes into bank accounts, but it has also compounded problems. Banks, already operating on wafer-thin margins, are expected to take a hit on their earnings... read more
Dec 07, 2016 10:50
Digital wallet companies, including Paytm, MobiKwik, Freecharge and Itzcash, have seen multifold growth in their transaction volumes as they cashed in on the acute shortage of physical currency, following the government’s demonetisation drive. read more
Dec 01, 2016 18:17
A State Bank of India executive said they had seen a 50% increase in cash supply in the last three days, which coincides with payday that has brought back long queues at banks and ATMs. read more
Dec 01, 2016 11:27
Utkarsh Micro Finance Ltd, which got the RBI’s approval to set up a small finance bank on Monday, will offer higher savings rates from January 14, 2017, to attract customers and set up their deposit base. read more
Nov 30, 2016 10:30
Note ban: The government clamped temporary restrictions on withdrawals from Jan Dhan accounts on Wednesday to stop people from parking black money in these accounts. read more
Nov 28, 2016 10:26
The Reserve Bank’s move on Saturday of retaining with it all cash deposits with banks made between September 16 and November 11 is likely to result in a marginal rise in costs for banks, as about \u20B93.5 lakh crore of money will flow out to the RBI from... read more
Nov 26, 2016 21:32
Banks will have to park the entire incremental deposits they get from the money inflow in the form of deposits through deposit of old currency notes after the demonetisation move announcement. read more
Nov 25, 2016 12:07
Note ban: The Reserve Bank of India (RBI) says the new Rs 500 notes and Rs 2,000 notes are perfectly legal to use after complaints that there were different variants of these tenders with a difference in colour and design. read more
Nov 24, 2016 10:13
While websites, including eBay and OLX, are listing notes of varied denominations for sale, a simple Google search throws up an aggregator website, for-sale-in, which gives information about all deals available online on the sale of currency notes. read more
Nov 23, 2016 10:56
Close to one lakh ATMs, which account for about 45% of the cash vending machines in the country, will be recalibrated by Wednesday morning and made ready to dispense currency notes of Rs 500 and Rs 2,000, officials have said. read more
Nov 23, 2016 10:12
You can soon buy your vegetables, fruits, your favourite paan and even the road-side chaat food through Paytm, Mobikwik, Freecharge or JioMoney. read more
Nov 22, 2016 22:22
Small merchants can now transfer funds up to Rs 50,000 through semi-closed prepaid instruments (PPIs) linked to bank accounts. read more