Finance Blogs
The Reserve Bank of India (RBI) announced on May 19, 2023 that it would be stopping the issuance of 2000 rupee notes. The decision was made in an effort to curb the circulation of black money and counterfeit notes. The withdrawal of 2000 rupee notes has had a number of effects on the Indian economy, … Read More “The Impact of Stopping 2000 Rupee Notes in India” »
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Two years back, i have explained this case, while complaint was filed in NCLT, now it has become a landmark judgement of NCLAT, Find out our story tag ; The NCLAT on Wednesday held the conversion of Tata Sons – the principal holding company and promoter of Tata firms – into a private company from … Read More “NCLAT Ordered TATA & SONS to reconvert from pvt. co. to public co. and reinstate of its chairman Cyrus Mistry” »
RBI has recently issued a notification mandating banks to accept coins and notes which after receiving frivolous complaints from customers. in effect, RBI has directed all branches of banks to accept coins of all denominations tendered at their counters for transactions. source
