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The Monetary Policy Committee headed by RBI Governor Urjit Patel in October had cut benchmark interest rates by 0.25 per cent to 6.25 per cent.

Telangana's SOS requests RBI to send Rs 5,000 crore

Mr Rajendra pointed out, 96 per cent of the new notes sent to Telangana are of Rs 2000 denomination.

14 Dec 2016 2:18 AM IST

Residents look at the uprooted trees in a residential area which have been the worst hit due to the cyclone Vardah that brought life to a stand still across Chennai on Tuesday.(Photo: AP)

Post Vardah: Shed a tear for the trees

To say the least, the number officially given out 12,000 in Chenai, Tiruvallur and Kancheepuram was conservative.

14 Dec 2016 2:16 AM IST

Former Finance Minister P Chidambaram told reporters.

Demonetisation: Chidambaram says seizure of notes is biggest scam'

He also questioned the seizure of Rs 2,000 notes in a Delhi lawyer's chamber.

14 Dec 2016 2:14 AM IST

Prime Minister Narendra Modi in the Lok Sabha in New Delhi (Photo: PTI)

Narendra Modi to attend Parliament for next 3 days

The BJP has also issued a three-line whip asking all its MPs to be present on the last three days of the Parliament.

14 Dec 2016 2:12 AM IST

Telangana Chief Minister K Chandrashekar Rao. (Photo: PTI)

Demonetisation: Telangana CM talks cashless, govt officials seek cash

Telangana minister had asked officials to adopt cashless payments as soon as possible at both RTA and RTC.

14 Dec 2016 2:11 AM IST

The outstanding credit of banking system stood at Rs 72.92 trillion as of November 25, according to the Reserve Bank data.

10 bank officers under Income Tax and ED lens

As per the RBI rules, the new currency from printing press should reach RBI chests and from there it should be...

14 Dec 2016 2:09 AM IST

RBI Governor Urjit Patel. (Photo: AP)

Demonetisation: RBI governor Urjit Patel to appear before finance...

Parliamentary Standing Committee on Finance will question Urjit Patel on RBI's role in planning demonetisation.

14 Dec 2016 2:05 AM IST