Bank deposits with RBI hit record high after demonetisation
Posted on:25 Nov 2016 09:27:04
Free Current Affairs to Your Email
25 November 2016 Current Affairs: In the wake of demonetisation, bank deposits with the Reserve Bank of India (RBI) have reached a record high of Rs. 4.3 trillion, beating the earlier record of Rs. 1.7 trillion in May 2009.
The RBI accepts money from various banks by offering government securities as collateral.
The Indian banking system had collected deposits worth Rs. 5.12 trillion as of 18 November.
FreshersLive - No.1 Job site in India. Here you can find latest 2018 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.