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Rs 2,000 Notes Worth Rs 7,581 Crore Still With Public: RBI
The Reserve Bank of India (RBI) on Monday said 97.87 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,581 crore worth of the withdrawn notes are still with the public.
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Rs 2,000 Notes Worth Rs 7,755 Crore Still With Public: RBI
The Reserve Bank of India (RBI) on Monday said 97.82 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,755 crore worth of the withdrawn notes are still with the public.
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Last Date To Exchange Rs 2,000 Note Today. Will Banknotes Be Valid After Deadline?
According to the Reserve Bank of India (RBI), from October 1, the Rs 2,000 currency note will cease to have its value and will be just another piece of paper.
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Trade Body Appeals Shopkeepers In Delhi To Not Accept Rs 2,000 Note
A traders' body has appealed to market associations, shopkeepers, traders, and factory owners across Delhi to not accept Rs 2,000 currency notes after September 29.
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Amazon Won't Accept₹2,000 Notes On Delivery Of Orders From This Date
E-commerce giant Amazon will stop accepting Rs.2,000 banknotes on cash on delivery services from September 19. The update comes at a time when the deadline to exchange or deposit the Rs.2,000 note is inching closer.
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76% Of Rs 2,000 Notes In Circulation Have Been Returned To Banks: RBI
As much as 76 per cent of the Rs 2,000 notes in circulation have been returned to banks, mostly through deposits, the Reserve Bank of India said on Monday.
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Rs 2,000 Note To Add Up To 1.5 Lakh Crores Of Deposits To Banks: Economist
The move to withdraw Rs 2,000 denomination notes will yield deposits of up to Rs 1.5 lakh crore for the banking system, Axis Bank Chief Economist Saugata Bhattacharya said on Wednesday.
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What May Happen To Rs 2,000 Notes After September 30 Exchange Deadline
Banks may not accept Rs 2,000 notes after the September 30 deadline and people may have to approach the regional offices of the central bank to exchange them, sources have told BQPrime.
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Day 1 Of Rs 2,000 Exchange: Confusion Over ID, Form. What Banks Said
Rs 2,000 Notes Withdrawn: The first day of exchanging or depositing junked Rs 2,000 notes is off to a rocky start with confusion over the requirement of officially valid identity cards, like PAN or Aadhaar, and official forms.
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What India's Removal Of Rs 2,000 Notes Means For The Economy
India is withdrawing its highest value currency note from circulation, giving consumers and businesses a four-month deadline to exchange or deposit the legal tender, a move reminiscent of a shock demonetization exercise in 2016.
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Rise In Payments With Rs 2,000 Notes For Fuel At Petrol Pumps In Indore
Days after RBI's announcement of withdrawal of Rs 2,000 currency notes, there has been a five-fold rise in payments with this denomination for fuel purchase by customers at petrol pumps in Indore.
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Explained: Why Rs 2,000 Note Was Introduced, And Why It's Being Junked
"Total value of these banknotes in circulation has declined from Rs 6.73 lakh crore at its peak as on March 31, 2018 (37.3% of Notes in Circulation) to Rs 3.62 lakh crore constituting only 10.8% of Notes in Circulation on March 31, 2023," RBI said.
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"Red Carpet For Black Money Keepers...": P Chidambaram On 2,000 Note Rule
Senior Congress leader P Chidambaram today called the Rs 2,000 note, which has now been withdrawn from circulation, a "foolish move" that only helped people stash black money with ease.
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On Exchange Of Rs 2,000 Notes, Big Update From State Bank Of India
Putting to rest speculations regarding whether any form or slip would be required while exchanging or depositing Rs 2,000 notes, SBI today issued a guideline to all its branches saying it will be allowed "without obtaining any requisition slip".
-
"Will Help Curb Black Money": Ex RBI Official On Rs 2,000 Notes Withdrawal
Former Reserve Bank Deputy Governor R Gandhi on Friday said withdrawal of the Rs 2,000 bank notes will help in curbing black money to a "great extent" because people are hoarding the high value currency.
-
Rs 2,000 Notes Worth Rs 7,581 Crore Still With Public: RBI
The Reserve Bank of India (RBI) on Monday said 97.87 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,581 crore worth of the withdrawn notes are still with the public.
-
Rs 2,000 Notes Worth Rs 7,755 Crore Still With Public: RBI
The Reserve Bank of India (RBI) on Monday said 97.82 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,755 crore worth of the withdrawn notes are still with the public.
-
Last Date To Exchange Rs 2,000 Note Today. Will Banknotes Be Valid After Deadline?
According to the Reserve Bank of India (RBI), from October 1, the Rs 2,000 currency note will cease to have its value and will be just another piece of paper.
-
Trade Body Appeals Shopkeepers In Delhi To Not Accept Rs 2,000 Note
A traders' body has appealed to market associations, shopkeepers, traders, and factory owners across Delhi to not accept Rs 2,000 currency notes after September 29.
-
Amazon Won't Accept₹2,000 Notes On Delivery Of Orders From This Date
E-commerce giant Amazon will stop accepting Rs.2,000 banknotes on cash on delivery services from September 19. The update comes at a time when the deadline to exchange or deposit the Rs.2,000 note is inching closer.
-
76% Of Rs 2,000 Notes In Circulation Have Been Returned To Banks: RBI
As much as 76 per cent of the Rs 2,000 notes in circulation have been returned to banks, mostly through deposits, the Reserve Bank of India said on Monday.
-
Rs 2,000 Note To Add Up To 1.5 Lakh Crores Of Deposits To Banks: Economist
The move to withdraw Rs 2,000 denomination notes will yield deposits of up to Rs 1.5 lakh crore for the banking system, Axis Bank Chief Economist Saugata Bhattacharya said on Wednesday.
-
What May Happen To Rs 2,000 Notes After September 30 Exchange Deadline
Banks may not accept Rs 2,000 notes after the September 30 deadline and people may have to approach the regional offices of the central bank to exchange them, sources have told BQPrime.
-
Day 1 Of Rs 2,000 Exchange: Confusion Over ID, Form. What Banks Said
Rs 2,000 Notes Withdrawn: The first day of exchanging or depositing junked Rs 2,000 notes is off to a rocky start with confusion over the requirement of officially valid identity cards, like PAN or Aadhaar, and official forms.
-
What India's Removal Of Rs 2,000 Notes Means For The Economy
India is withdrawing its highest value currency note from circulation, giving consumers and businesses a four-month deadline to exchange or deposit the legal tender, a move reminiscent of a shock demonetization exercise in 2016.
-
Rise In Payments With Rs 2,000 Notes For Fuel At Petrol Pumps In Indore
Days after RBI's announcement of withdrawal of Rs 2,000 currency notes, there has been a five-fold rise in payments with this denomination for fuel purchase by customers at petrol pumps in Indore.
-
Explained: Why Rs 2,000 Note Was Introduced, And Why It's Being Junked
"Total value of these banknotes in circulation has declined from Rs 6.73 lakh crore at its peak as on March 31, 2018 (37.3% of Notes in Circulation) to Rs 3.62 lakh crore constituting only 10.8% of Notes in Circulation on March 31, 2023," RBI said.
-
"Red Carpet For Black Money Keepers...": P Chidambaram On 2,000 Note Rule
Senior Congress leader P Chidambaram today called the Rs 2,000 note, which has now been withdrawn from circulation, a "foolish move" that only helped people stash black money with ease.
-
On Exchange Of Rs 2,000 Notes, Big Update From State Bank Of India
Putting to rest speculations regarding whether any form or slip would be required while exchanging or depositing Rs 2,000 notes, SBI today issued a guideline to all its branches saying it will be allowed "without obtaining any requisition slip".
-
"Will Help Curb Black Money": Ex RBI Official On Rs 2,000 Notes Withdrawal
Former Reserve Bank Deputy Governor R Gandhi on Friday said withdrawal of the Rs 2,000 bank notes will help in curbing black money to a "great extent" because people are hoarding the high value currency.
