Jammu and Kashmir was not affected by demonetization because people deposited their money in banks after armed rebellion broke in the State, the PDP-BJP coalition government has revealed in Economic Survey report 2016.
In a welcome move, the Reserve Bank of India on Wednesday decided to phase out weekly limit on cash withdrawal from savings accounts in two stages, starting from February 20.First, the weekly withdrawal limit for savings accounts
Seven and a half years after it was first launched as a payment platform – at a conference which was more of “home” for One97, a mobile VAS company, than a payments business – Paytm is now a payments bank. Paytm began as a payments platform for enter
Terming the criticism to Supreme Court (SC) ruling on SARFAESI Act vis-à-vis Jammu and Kashmir as completely misplaced, Finance Minister Haseeb Drabu said it reaffirmed that Transfer of Property Act actually prevails.
With banks struggling to cope with rush to get alternative currency, the government has extended use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores till Novembe
At a time when the banks are witnessing countrywide chaos over demonetization of Rs 500 and Rs 100 notes, the Power Development Department(PDD) has furthered the woes for its consumers in the Kashmir Valley by sending them consolidated bills of five