Banking News: August 31, 2018
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SBI warns of 'noticeable increase' in counterfeit
notes detected in new Rs 500, Rs 2,000 notes
The
International Business Times (IBTimes)
Published
on August 30, 2018
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There
was a "noticeable increase" in the fake currencies detected in the
denomination of the new Rs 500 and Rs 2,000 notes which are up by 4,178
per cent and by 2,710 per cent respectively
Mumbai, August
30: The State Bank of India (SBI) has said that the newly
introduced notes can be counterfeited and the consumers and banks should
brace themselves for more fake note discoveries. The report published by SBI
has a divergent opinion with the RBI claims which said that the newly
introduced notes of Rs 100, 500 and 2,000 have some additional security
features and cannot be counterfeited.
In a report released
after the RBI published its annual report, the in-house SBI economist said,
"The promise of RBI that new currency notes of Rs 200 and Rs 500 (post
demonetisation) are more secure and less prone to counterfeit is not entirely
correct."
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Dear friends,
On 03-09-2018 will be declared as holiday for Krishnashtami.
UFBU Requested the State Govt for holiday
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Banking News: August 30, 2018
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Almost all of demonetised currency
came back; 99.3% returned, says RBI
Abhijit Lele
The
Business Standard
Published
on August 30, 2018
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The
total value of SBNs returned to banks is
Rs
15.31 lakh crore, RBI said in its 2017-18 annual report
Mumbai, August 29:
Reserve Bank of India has completed the task of processing and verification
of the large value notes (Rs 500, Rs 1,000) which were withdrawn from
circulation following their demonetisation in November 2016.
The total value of
banned notes, which RBI refers to as Specified Bank Notes (SBNs), in
circulation as on 8 November 2016, post verification and reconciliation, was
Rs 15.41 lakh crore.
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Banking News: August 29, 2018
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RBI deadline over,
20 new NPA accounts to go to NCLT
Gopika Gopakumar, Malvika Joshi
& Shayan Ghosh:
The Mint
Published
on August 29, 2018
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Essar Power, Reliance
Naval and Jindal India Thermal are among the 20 NPA accounts that banks will
refer to NCLT for debt resolution under the insolvency and bankruptcy code
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Timings
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Todo’s
|
12AM
to 4AM (4 Hours)
|
Sleep
|
4AM
to 9AM (5 Hours)
|
Study
(JAIIB/CAIIB)
|
9AM
to 5PM (8 Hours)
|
Work
(Duty)
|
5PM
to 12AM (7 Hours)
|
Study
again (JAIIB/CAIIB)
|
Timings
|
Todo’s
|
11PM
to 7AM
|
Sleep
|
7AM
to 9AM
|
Study
(JAIIB/CAIIB)
|
9AM
to 5PM
|
Work
(Duty)
|
5PM
to 8PM
|
Enjoy
with your Friends & Family
|
8PM
to 10PM
|
Study
again (JAIIB/CAIIB)
|
10PM
to 11PM
|
Dinner
/ Free time
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