Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
»
1-min read

RBI Chief Urjit Patel to Brief Parliamentary Panel on Note Ban for Third Time on Nov 12

Patel has been called on November 12 to brief the committee's members on demonetisation of Rs 500 and Rs 1,000 notes and the "ramifications thereof", according to the panel's meeting notice.

PTI

Updated:October 29, 2018, 9:12 AM IST
facebookTwitterskypewhatsapp
RBI Chief Urjit Patel to Brief Parliamentary Panel on Note Ban for Third Time on Nov 12
File photo of RBI) Governor Urjit Patel.
Loading...

New Delhi: A parliamentary panel, of which former Prime Minister Manmohan Singh is a member, has called RBI governor Urjit Patel for the third time to brief it on the government's demonetisation move.

The 31-member Parliamentary Standing Committee on Finance, headed by Veerappa Moily, has been deliberating on the issue for almost two years.

The government had scrapped Rs 500 and Rs 1,000 notes on November 8, 2016 and announced issuance of new Rs 500 and Rs 2,000 notes.

Patel has been called on November 12 to brief the committee's members on demonetisation of Rs 500 and Rs 1,000 notes and the "ramifications thereof", according to the panel's meeting notice.

The RBI governor will also brief the committee on the banning of the Unregulated Deposit Schemes Bill and related issues.

"Members wanted some more information and details about demonetisation, especially on its impact. Therefore, the RBI governor has been called," Moily said when contacted.

He said perhaps this was for the first time when an RBI governor has been called by a panel for three times on the same issue.

Prior to this, Patel shared details related to demonetisation with the panel in January and July last year.

The panel could not adopt a draft report on the note-ban in August as BJP MPs in the panel, led by Nishikant Dubey, stalled the process.

However, Moily has repeatedly said no report on demonetisation was tabled before the panel.

So far, the panel has adopted more than 60 reports on various issues, unanimously.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 100.30 -3.42
Kotak Mahindra 1,540.00 2.57
Interglobe Avi 1,466.00 1.44
Indiabulls Hsg 654.10 1.20
Reliance 1,285.00 -0.62
Company Price Change %Gain
Yes Bank 100.30 -3.46
Tata Elxsi 743.50 -8.77
Dewan Housing 55.95 10.57
M&M Financial 384.30 -0.29
Kotak Mahindra 1,540.00 2.50
Top Gainers
Company Price Change %Gain
UPL 657.90 2.49
Tech Mahindra 693.70 2.63
Kotak Mahindra 1,540.00 2.57
Asian Paints 1,401.00 2.09
HCL Tech 1,038.60 1.86
Company Price Change %Gain
Kotak Mahindra 1,540.00 2.50
Asian Paints 1,401.50 2.16
HCL Tech 1,038.85 1.85
Infosys 793.25 1.06
SBI 366.95 0.74
Top Losers
Company Price Change %Gain
Yes Bank 100.30 -3.42
GAIL 142.75 -3.12
Eicher Motors 18,498.00 -2.85
ONGC 149.25 -1.97
Tata Motors 167.10 -1.71
Company Price Change %Gain
Yes Bank 100.30 -3.46
ONGC 149.40 -1.94
Bharti Airtel 345.45 -1.54
Tata Motors 167.05 -1.65
Coal India 229.80 -1.29

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results