Bank Note Counting
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Over 99 Per Cent Banned Notes Back In System, Says RBI Report: 10 Facts
Over 99 per cent of Rs 500 and Rs 1,000 notes banned by Prime Minister Narendra Modi in the November 2016 demonetisation have returned to the banking system, the Reserve Bank of India said today after completing what it calls the "humungous task" of counting the banned cash. The central bank's annual report says only a fraction of the currency was ...
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How RBI Converted Your Rs 15.28 Trillion Worth Demonetised Notes Into Fuel
Demonetised Rs 500 and Rs 1,000 notes are counted and processed in sophisticated currency verification and processing system
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RBI Explains What It Is Doing With Banned Rs 500 And 1,000 Notes
Demonetised Rs 500 and Rs 1,000 notes, which have been counted and processed for genuineness, are shredded and briquetted before being disposed off through a tendering process, the RBI has said.
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'Bed Of Cash': Nearly Rs 100 Crore In Banned Notes At Kanpur Home
Banned notes worth crores, making up a "bed" of cash when stacked up, were found on Tuesday at a house in Uttar Pradesh's Kanpur. The cash had to be stuffed into five big steel trunks, gunny bags and cartons by officials of the Reserve Bank of India (RBI) and the UP police.
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Do You Know How Many Machines RBI Used To Count Demonetised Notes?
The Reserve Bank said it has floated a global tender for the procurement of new cash counting machines.
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In RTI Reply, RBI Says 'No Machines Used' To Count Demonetised Notes Worth 15.28 Lakh Crore
The Reserve Bank of India or RBI has said counting machines are "not being used" for tallying the total number of demonetised notes of Rs 500 and Rs 1,000 in any of its offices, according to an RTI reply.
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On Black Money Math In PM Modi's Speech, Arun Jaitley Says 'No Confusion'
As Prime Minister Narendra Modi listed his government's achievements in his Independence Day speech, he referred to the amount of black money unearthed after the government's ban on high value notes last year.
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On Count of Banned Notes, Congress jibe: 'Child Delivered In 9 Months'
Opposition in the Rajya Sabha today sought to know why the Reserve Bank of India has not yet provided the number of demonetised 500 and 1000 rupee notes returned in the banking system, even after nine months of the note ban decision.
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'Government Looking For Math Tutor': Rahul Gandhi Takes Swipe At Centre
The Congress took a swipe at the government for the central bank still counting currency notes banned last year, with Rahul Gandhi suggesting that the government needed lessons in mathematics. Former Finance Minister P Chidambaram too wondered why the bank wanted to buy more currency counting machines when it could lease them.
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Still Counting, Says RBI Governor Urjit Patel, Questioned By MPs On Banned Notes
Reserve Bank of India Governor Urjit Patel today told a parliamentary panel that old notes deposited after demonetisation are still being counted by a special team working round the clock, with people getting no off-days except a Sunday, sources said today.
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How Much Currency Has Been Returned To Banks? RBI Says Wait For Our Figures
Six days after the December 30 deadline for banned 500 and 1,000 rupees to be deposited in commercial banks, the Reserve Bank of India said "it is still counting the returned notes."
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Over 99 Per Cent Banned Notes Back In System, Says RBI Report: 10 Facts
Over 99 per cent of Rs 500 and Rs 1,000 notes banned by Prime Minister Narendra Modi in the November 2016 demonetisation have returned to the banking system, the Reserve Bank of India said today after completing what it calls the "humungous task" of counting the banned cash. The central bank's annual report says only a fraction of the currency was ...
-
How RBI Converted Your Rs 15.28 Trillion Worth Demonetised Notes Into Fuel
Demonetised Rs 500 and Rs 1,000 notes are counted and processed in sophisticated currency verification and processing system
-
RBI Explains What It Is Doing With Banned Rs 500 And 1,000 Notes
Demonetised Rs 500 and Rs 1,000 notes, which have been counted and processed for genuineness, are shredded and briquetted before being disposed off through a tendering process, the RBI has said.
-
'Bed Of Cash': Nearly Rs 100 Crore In Banned Notes At Kanpur Home
Banned notes worth crores, making up a "bed" of cash when stacked up, were found on Tuesday at a house in Uttar Pradesh's Kanpur. The cash had to be stuffed into five big steel trunks, gunny bags and cartons by officials of the Reserve Bank of India (RBI) and the UP police.
-
Do You Know How Many Machines RBI Used To Count Demonetised Notes?
The Reserve Bank said it has floated a global tender for the procurement of new cash counting machines.
-
In RTI Reply, RBI Says 'No Machines Used' To Count Demonetised Notes Worth 15.28 Lakh Crore
The Reserve Bank of India or RBI has said counting machines are "not being used" for tallying the total number of demonetised notes of Rs 500 and Rs 1,000 in any of its offices, according to an RTI reply.
-
On Black Money Math In PM Modi's Speech, Arun Jaitley Says 'No Confusion'
As Prime Minister Narendra Modi listed his government's achievements in his Independence Day speech, he referred to the amount of black money unearthed after the government's ban on high value notes last year.
-
On Count of Banned Notes, Congress jibe: 'Child Delivered In 9 Months'
Opposition in the Rajya Sabha today sought to know why the Reserve Bank of India has not yet provided the number of demonetised 500 and 1000 rupee notes returned in the banking system, even after nine months of the note ban decision.
-
'Government Looking For Math Tutor': Rahul Gandhi Takes Swipe At Centre
The Congress took a swipe at the government for the central bank still counting currency notes banned last year, with Rahul Gandhi suggesting that the government needed lessons in mathematics. Former Finance Minister P Chidambaram too wondered why the bank wanted to buy more currency counting machines when it could lease them.
-
Still Counting, Says RBI Governor Urjit Patel, Questioned By MPs On Banned Notes
Reserve Bank of India Governor Urjit Patel today told a parliamentary panel that old notes deposited after demonetisation are still being counted by a special team working round the clock, with people getting no off-days except a Sunday, sources said today.
-
How Much Currency Has Been Returned To Banks? RBI Says Wait For Our Figures
Six days after the December 30 deadline for banned 500 and 1,000 rupees to be deposited in commercial banks, the Reserve Bank of India said "it is still counting the returned notes."
