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Plastic currency to take over? 09 May 2013
So far only bank cards are called plastic currency. Now the term is going to extend to currency too. Reserve Bank of India is going to replace the present currency with plastic currency gradually in stages. On an experiment basis,...
Keywords: Plastic currency in India, RBI Governor Duvvuri Subbarao, Plastic currency, Indian Currency
Read MoreRBI Governor Subbarao : all applicants cant be bestowed bank licences! 04 July 2013
The Reserve Bank Of India (RBI) Governor Duvvuri Subbarao announced on Thursday that every companies who possess eligibility that have applied for bank licences will be bestowed one. Beforehand this week, the RBI said it had received 26 applications for...
Keywords: indian central bank, mandatory cash reserves, non-performing assets at lenders, rbi governor subbarao
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