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R Gandhi News
All cash withdrawal limits go back to pre-demonetisation era
Mon, Mar 13, 2017
In a two-stage process, the weekly withdrawal limit per account had been raised to Rs 50,000, from Rs 24,000, with effect from February 20, and all limits on ATM withdrawals were slated to cease from March 13.
B P Kanungo appointed RBI Dy Governor; replaces R Gandhi
Sat, Mar 11, 2017
Kanungo was in March last year appointed as Executive Director in the central bank.
Bitcoin: Can RBI ignore the elephant in the room?
Fri, Mar 03, 2017
On March 1, RBI Deputy Governor R. Gandhi raised concerns over virtual currencies.
New Rs 1000 notes are coming; launch date unclear
Tue, Feb 21, 2017
The government will soon announce new notes of Rs 1,000 denomination but the specific dates for its launch is unclear.
10 director level posts vacant in Reserve Bank of India
Sun, Dec 25, 2016
Reserve Bank of India's (RBI) all powerful central board is short of ten non-official directors and one Deputy Governor at a time when the apex bank is engaged in massive demonetisation and remonetisation exercises.
RBI's latest figures: The math still doesn't add up
Thu, Dec 22, 2016
RBI's latest release on banknotes issued to public till December 19, has brought in many questions. Parliament reply is the only place where the government has given a break up of the high denomination notes supplied. The RBI has never given this break up -- and that`s where the problem lies.
New Notes: RBI mystifies with its mixed-up math
Sat, Dec 17, 2016
Either the Reserve Bank of India (RBI) is uncharacteristically cavalier with the demonetisation-related figures it has given out periodically since November 8 or, more worryingly, its number crunchers are getting their math mixed up.
Rs 11.85 crore back but RBI has supplied only Rs 3.81 lakh crore worth of currency
Wed, Dec 07, 2016
Gandhi said, "The motivations for the demonetisation decision are to deal with the problem of high quality counterfeit notes in these denominations and unearth black money that may be held in cash."
Cash management agencies hope to normalise ATMs operations in 2 weeks
Fri, Nov 11, 2016
Cash management agencies that move billions of rupees in and out of over 2.2 lakh ATMs across the country have started a major exercise that may see Rs 40,000 crore worth of notes being shifted around and hope to normalise operations for the public in two weeks.
Dy Governor R Gandhi to look after RBI's monetary policy department
Tue, Sep 06, 2016
The Reserve Bank of India (RBI) said on Tuesday it will reallocate the portfolios for its three deputy governors, including shifting the monetary policy, economic policy and research, and financial market operations to R Gandhi.
Technology, regulatory changes, consumer behavior are redefining banks: RBI Deputy Governor
Thu, Aug 18, 2016
Speaking on the topic of "New Horizons in Indian Banking" R Gandhi, Deputy Governor at the FIBAC 2016 he discussed the 'New paradigm in Banking: Banking is Necessary, Not Banks'.