Post Offices Now Accepting Rs 2,000 Notes For Exchange, Confirms RBI
The RBI mentioned that individuals can send the notes to any of its 19 issue offices through any post office.
Jan 06, 2024, 12:15 PM IST
Booking train ticket to be easier, Railways to set up more PRS counters across country
MoS for Railways Rajen Gohain had informed Rajya Sabha that Indian Railways plans to set up more PRS counters across the country.
Feb 04, 2018, 16:23 PM IST
Demonetisation: Govt allows banks, post offices to deposit old bank notes with RBI
India`s cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14.
Jun 21, 2017, 12:21 PM IST
Banks, MFs should obtain identification nos for filing SFT
The Income Tax department on Friday said banks, mutual funds and financial institutions should obtain an identification number and file the statement of financial transaction (SFT) by May 31.
May 26, 2017, 16:22 PM IST
Ban on cash dealings not applicable for bank, post office withdrawals
Ban on cash transaction in excess of Rs 2 lakh will not be applicable to withdrawals from banks and post office savings accounts, the income tax department said on Wednesday.
Apr 05, 2017, 20:57 PM IST
Demonetisation: Old currency notes can be deposited in post office accounts, says Finance Ministry
The demonetised Rs 500 and 1,000 notes can be used for deposits in post office savings accounts, the Finance Ministry clarified on Wednesday.
Nov 24, 2016, 05:19 AM IST
Remember! You have just one day - November 24 – to use your old Rs 500/1000 notes at public utilities
All those who want to spend their now defunct old currency notes of Rs 500 and Rs 1000 have time till November 24 midnight to use them at public utilities.
Nov 24, 2016, 05:10 AM IST
Depositing cash over Rs 2.5 lakh? Banks, Post Offices will report it to Income Tax
The government has asked banks and post offices to report to the I-T Department all deposits above Rs 2.50 lakh in savings accounts, and more than Rs 12.50 lakh in current accounts, made during the 50-day window provided to tender the scrapped 500 and 1000 rupee notes.
Nov 16, 2016, 18:26 PM IST
Post offices collect, exchange demonetised currency worth Rs 435 crore
Post offices across Maharashtra and Goa have collected as well as exchanged the demonetised currency notes worth around Rs 435 crore within two days, a senior official said on Saturday.
Nov 12, 2016, 19:43 PM IST
DNA: Rs 500 & 1000 notes scrapped - Full guide on what to do at banks, ATMs
All we need to know about exchanging Rs.1000 and 500 notes with Banks, RBI and Post Offices. Watch complete news story of DNA for getting detailed updates!
Nov 09, 2016, 10:13 AM IST
Post offices to be converted into payment banks
Post offices across the country will be converted into "payment banks", Prime Minister Narendra Modi said on Monday.
Aug 15, 2016, 09:02 AM IST
PO savings accounts near 35 crore; hold Rs 5 lakh crore deposits
There were about 35 crore small savings accounts operational in post offices with deposits totalling nearly Rs 5 lakh crore in 2015-16, government said Wednesday.
Aug 10, 2016, 19:31 PM IST
India Post issues first My Stamp on ecommerce; features Amazon
India Post released the first 'My Stamp' on e-commerce featuring Amazon on June 3 to commemorate three years of its partnership with the e-tailer. "This is the first time that the Department of Post has released 'My Stamp' to commemorate a milestone with an ecommerce marketplace. The launch reinforces the Amazon and India Post relationship," Karnataka Circle Chief Chief Post Master General Usha Chandrashekar said in a statement.
Jun 04, 2016, 15:08 PM IST
Core banking facility available at over 20K post offices
Customers with Post Office savings can now operate their accounts from 20,106 branches as they have been connected with core banking facility, Telecom Minister Ravi Shankar Prasad said on Monday.
Mar 14, 2016, 16:25 PM IST
2,590 post offices have core banking facilities: Prasad
There were only 236 post offices under core banking facilities, but after the current NDA government came to power last year, 2,590 post offices have now core banking facilities, he said.
Jul 12, 2015, 17:44 PM IST
No job cut in transformation of Postal Dept: Prasad
There will be no job losses during transformation of the Department of Posts, Communications and IT Minister Ravi Shankar Prasad assured Friday.
May 22, 2015, 22:25 PM IST
Now, saving A/c holders can get ATM-cum-debit cards issued by Post offices
Post offices can now issue ATM-cum-debit cards for savings account holders, as per a new amendment in the rules.
Dec 31, 2014, 16:28 PM IST
Use rural banks, post offices for cooking gas subsidy, Modi urged
In a letter to Modi, text of which was released to the media here, the chief minister said: "In remote and rural areas, people may find it difficult to access nationalised bank branches."
Nov 28, 2014, 14:08 PM IST
