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Shashikant Das News

22 May 2023

2000 notes are not getting invalid says RBI Governor

2000 Notes News: RBI Governor clarified the situation related to exchange of 2000 rupee notes. He said that there is no need for any kind of identity card to change the notes. Do not worry in any way about changing the note.

15 Dec 2016

Exemptions on use of old Rs 500 notes to end from midnight today

Exemptions on use of old Rs 500 currency notes will end December 15 midnight. The Centre will not extend the deadline for activities such as paying utility bills, school fees and fees in Central or State Government colleges.

28 Nov 2016

Govt considering proposal to raise MSS ceiling beyond existing Rs 30,000 crore to suck extra liquidity : Shashikant Das

Government is considering a proposal to raise Market Stabilisation Scheme (MSS) ceiling beyond the existing Rs 30,000 crore to mop up extra liquidity from the system in view of demonetisation.

26 Sep 2016

FIPB defers decision on Idea Cellular, clears Rs 2,300

Deferring a decision on the foreign investment proposals of Idea Cellular and Flag Telecom, the Foreign Investment Promotion Board (FIPB) on Monday cleared 11 proposals entailing FDI inflow of over Rs 2,300 crore, an official source said.

Rupee devaluation

16 Sep 2016

Is it the right time to devalue Indian rupee?

Till September 14, Finance and Commerce Ministry corridors were abuzz with possible rupee-devaluation topic. However, as the next day arrived, all these speculations went to the backburner.

Bankruptcy Code 2016

12 May 2016

Bankruptcy Code to give fillip to ease of doing biz: Finance Ministry

Describing the Bankruptcy Code as comprehensive and systemic reform, the Finance Ministry on Thursday said the new law will give a big boost to ease of doing business in the country by ensuring a quantum leap for the functioning of the credit market.

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