2000 Note Exchange
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Share Of Rs 500 Note Jumps To 86.5% After Rs 2,000 Note Withdrawn: RBI
The share of Rs 500 denomination currency notes in overall currency has jumped to 86.5 per cent at the end of March 2024, as against 77.1 per cent in the year-ago period, the Reserve Bank of India (RBI) said on Thursday.
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People Start Queuing Up At RBI Offices To Exchange Rs 2,000 Notes
With banks stopping accepting Rs 2,000 notes, people have started queuing up at 19 Reserve Bank of India offices to exchange the high denomination currency, which was withdrawn from circulation.
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Last Date To Exchange Rs 2,000 Note Is September 30, Clarifies RBI
The Rs 2,000 denomination banknote will cease to have its value after Saturday and will be just another piece of paper if one does not get it exchanged in any bank, the Reserve Bank of India (RBI) clarified on Friday.
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Still Hold Rs 2,000 Note? Deadline Weeks Away, Here's How To Exchange
The RBI started printing the Rs 2,000 note in November 2016 after Prime Minister Narendra Modi scrapped high-value Rs 1,000 and Rs 500 notes overnight.
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Supreme Court Dismisses Request Challenging RBI Move On Exchange Of Rs 2,000 Notes
On May 29, the Delhi High Court dismissed the PIL challenging the notifications enabling the exchange of Rs 2,000 denomination currency notes without any requisition slip and ID proof.
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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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80% Indians Are Depositing Rs 2,000 Notes, Not Exchanging Them: Report
About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller denominations, with the trend likely to boost bank deposits, bankers said.
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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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Woman Says Shopkeeper Refused To Take Rs 2,000 Note, Reason Leaves Users In Splits
Since being shared, the post has amassed over 25,000 views and 281 likes on the social media platform.
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Some Bank Branches Run Short On Day 2 Of Rs 2,000 Note Exchange: Report
Some bank branches ran out of cash and temporarily halted the exchange of withdrawn Rs 2000 currency notes as they awaited replenishment of supply from the currency chest on the second day of note swap on Wednesday.
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Mangoes To Luxury Watches: How People Are Offloading The Rs 2,000 Note
Indians are stepping up purchases of daily essentials, and even premium branded goods, using the soon-to-be-withdrawn 2,000-rupee notes as they aim to sidestep the need to exchange or deposit them at banks.
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Chaos, Confusion In Delhi On Day 1 Of Rs 2,000 Note Exchange: Report
The first day of the process saw long queues, disgruntled customers and growing concerns among elderly citizens.
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After RBI Withdraws Rs 2,000 Notes, Zomato Says "72 Percent Customers" Paid In Cash
Zomato revealed that 72 per cent of the 'cash on delivery orders' were paid in Rs 2,000 notes after the RBI announcement.
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Deluge Of Rs 2,000 Notes At Petrol Stations, Staff Says "No Change"
Stung by their ordeal following the shock demonetisation of 2016, Delhi residents are making a beeline to petrol stations to offload Rs 2,000 notes that are being withdrawn from circulation.
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BJP Leader Asks Nirmala Sitharaman To Track Rs 2,000 Notes In Tamil Nadu
Lashing out at the ruling DMK government, Tamil Nadu BJP chief K Annamalai has urged Union Finance Minister Nirmala Sitharaman to "track the surge of incoming 2000 rupee notes", especially from the state's "Co-operative Banks/Societies and TASMAC."
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Share Of Rs 500 Note Jumps To 86.5% After Rs 2,000 Note Withdrawn: RBI
The share of Rs 500 denomination currency notes in overall currency has jumped to 86.5 per cent at the end of March 2024, as against 77.1 per cent in the year-ago period, the Reserve Bank of India (RBI) said on Thursday.
-
People Start Queuing Up At RBI Offices To Exchange Rs 2,000 Notes
With banks stopping accepting Rs 2,000 notes, people have started queuing up at 19 Reserve Bank of India offices to exchange the high denomination currency, which was withdrawn from circulation.
-
Last Date To Exchange Rs 2,000 Note Is September 30, Clarifies RBI
The Rs 2,000 denomination banknote will cease to have its value after Saturday and will be just another piece of paper if one does not get it exchanged in any bank, the Reserve Bank of India (RBI) clarified on Friday.
-
Still Hold Rs 2,000 Note? Deadline Weeks Away, Here's How To Exchange
The RBI started printing the Rs 2,000 note in November 2016 after Prime Minister Narendra Modi scrapped high-value Rs 1,000 and Rs 500 notes overnight.
-
Supreme Court Dismisses Request Challenging RBI Move On Exchange Of Rs 2,000 Notes
On May 29, the Delhi High Court dismissed the PIL challenging the notifications enabling the exchange of Rs 2,000 denomination currency notes without any requisition slip and ID proof.
-
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.
-
80% Indians Are Depositing Rs 2,000 Notes, Not Exchanging Them: Report
About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller denominations, with the trend likely to boost bank deposits, bankers said.
-
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.
-
Woman Says Shopkeeper Refused To Take Rs 2,000 Note, Reason Leaves Users In Splits
Since being shared, the post has amassed over 25,000 views and 281 likes on the social media platform.
-
Some Bank Branches Run Short On Day 2 Of Rs 2,000 Note Exchange: Report
Some bank branches ran out of cash and temporarily halted the exchange of withdrawn Rs 2000 currency notes as they awaited replenishment of supply from the currency chest on the second day of note swap on Wednesday.
-
Mangoes To Luxury Watches: How People Are Offloading The Rs 2,000 Note
Indians are stepping up purchases of daily essentials, and even premium branded goods, using the soon-to-be-withdrawn 2,000-rupee notes as they aim to sidestep the need to exchange or deposit them at banks.
-
Chaos, Confusion In Delhi On Day 1 Of Rs 2,000 Note Exchange: Report
The first day of the process saw long queues, disgruntled customers and growing concerns among elderly citizens.
-
After RBI Withdraws Rs 2,000 Notes, Zomato Says "72 Percent Customers" Paid In Cash
Zomato revealed that 72 per cent of the 'cash on delivery orders' were paid in Rs 2,000 notes after the RBI announcement.
-
Deluge Of Rs 2,000 Notes At Petrol Stations, Staff Says "No Change"
Stung by their ordeal following the shock demonetisation of 2016, Delhi residents are making a beeline to petrol stations to offload Rs 2,000 notes that are being withdrawn from circulation.
-
BJP Leader Asks Nirmala Sitharaman To Track Rs 2,000 Notes In Tamil Nadu
Lashing out at the ruling DMK government, Tamil Nadu BJP chief K Annamalai has urged Union Finance Minister Nirmala Sitharaman to "track the surge of incoming 2000 rupee notes", especially from the state's "Co-operative Banks/Societies and TASMAC."
