Currency notes issued before 2005 will be completely withdrawn from circulation by the end of the current financial year ending March 31, the Reserve Bank of India (RBI) said Wednesday. The central bank said from April 1, 2014, public would be required to approach banks for exchanging these notes. “Banks will provide exchange facility for […]
MUMBAI: As the general election draws closer, the Reserve Bank has warned that any political instability after May 2014, post-results, will drag the beleaguered economy further down, and that a stable new government would be desirable.”A potential additional source of uncertainty is the coming general election. A stable new government would be positive for the […]
