More

    All banks to remain open this Saturday and Sunday, says RBI

    Must Read

    Silver Lake co investors to invest additional Rs. 1,875 Crore in Reliance retail ventures

    Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced that co-investors of Silver Lake...

    On President Kovind’s 75th birthday, special praise from PM Modi

    Prime Minister Narendra Modi on Thursday wished President Ram Nath Kovind on his 75th birthday, saying he...

    Rahul Gandhi, Priyanka to meet Hathras rape victim’s family today

    Former Congress president Rahul Gandhi and his sister and party general secretary in-charge of Uttar Pradesh Priyanka...

    Reserve Bank of India said on Wednesday that banks will remain open this Saturday and Sunday after government scrapped Rs 500 and Rs 1000 notes, reported media agencies.

    All banks were closed today while ATMs across the country will be closed and in some parts even tomorrow. This decision was taken after PM Modi announced demonitising of Rs 500 and Rs 1,000 notes on Tuesday.

    Meanwhile, anticipating panic and heavy rush at bank branches tomorrow for exchange and deposit of Rs 500 and Rs 1,000 notes, banks in many states have sought deployment of police at branches in order to avoid any law and order problem.

    With high denomination notes of Rs 500 and Rs 1,000 being demonetized, banks have geared up to face the challenge of dealing with customers who are expected to come in hordes tomorrow for exchange of money when branches open.

    “Sensing heavy rush at branch levels tomorrow, all the lead district managers have been asked to approach district administration for providing police security at bank branches so that there is no law and order problem,” an senior bank official said today.

     

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Latest News

    Silver Lake co investors to invest additional Rs. 1,875 Crore in Reliance retail ventures

    Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced that co-investors of Silver Lake...

    On President Kovind’s 75th birthday, special praise from PM Modi

    Prime Minister Narendra Modi on Thursday wished President Ram Nath Kovind on his 75th birthday, saying he was ‘extremely compassionate towards serving...

    Rahul Gandhi, Priyanka to meet Hathras rape victim’s family today

    Former Congress president Rahul Gandhi and his sister and party general secretary in-charge of Uttar Pradesh Priyanka Gandhi Vadra will visit the...

    Cinemas allowed to open with 50% seating, states can decide on reopening of schools

    The Ministry of Home Affairs (MHA) on Wednesday issued new guidelines for opening up of more activities in areas outside the containment...

    New guidelines for opening up more activities in non-containment zones come into force today

    Home Ministry has issued new guidelines for opening up of more activities in areas outside the Containment Zones. These...

    More Articles Like This

    - Advertisement -