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Shaktikanta Das: Man Behind GST, Monetary Response During Covid
Shaktikanta Das, who will demit office as the Governor of the Reserve Bank of India on Tuesday, was the key man behind the planning and execution of the demonetisation drive and rollout of the landmark Goods and Services Tax (GST).
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Courts Must Refrain From Delving Into RBI's Monetary Framework: High Court
The Reserve Bank of India (RBI) plays an important role in shaping the country's economy, and courts should refrain from delving into the monetary regulatory framework, the Bombay High Court said.
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RBI Defends Before Delhi High Court Rs 2,000 Banknote Exchange Exercise
The Reserve Bank of India (RBI) today told the Delhi High Court that withdrawal of Rs 2000 notes is not demonetisation but a statutory exercise, and the decision to enable their exchange was taken for operational convenience.
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Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
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Are Rs 1,000 Notes Coming Back? RBI Governor's Reply
The Reserve Bank of India (RBI) does not have a plan to reintroduce Rs 1,000 bank notes to ease the impact following the withdrawal of Rs 2,000 notes, RBI governor Shaktikanta Das said today, calling reports on the subject "speculative".
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2016 Notes Ban Decision Valid: Supreme Court
The petitioners included lawyers, a political party, co-operative banks and individuals, all of whom challenged the decision in the court.
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Produce Demonetisation-Related Records, Supreme Court Tells Centre, RBI
The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to put on record relevant records relating to the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denomination for its perusal.
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RBI, Centre Defend Demonetisation And Say Policy Followed The Rule Book
The Reserve Bank of India and the Centre on Monday defended the Centre's decision to demonetise the old currency notes of Rs 500 and Rs 1,000 before the Supreme Court of India as it said that procedure was followed.
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Punjab National Bank Stops Digital Payment Incentive On Fuel Purchase
The lender said it has discontinued to pass on the 0.75 per cent fuel incentives from May this year
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Ex-Bank Officer Gets 7 Years Jail For Illegal Exchange Of Banned Notes
A special court in Bengaluru has sentenced a former employee of erstwhile State Bank of Mysore (now merged with SBI) to seven years of imprisonment for illegal exchange of demonetised currency notes in November 2016, officials said here on Tuesday.
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Rs 2,000 Currency Notes See Drastic Fall In Circulation Since Last 3 Years
Government has said that no fresh indent has been placed with currency printing presses for the Rs 2,000 denomination banknote from 2018-19 onwards
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On The Eve Of Its Shares Listing On Bourses, The Story Of Paytm
Paytm could be on the cusp of becoming one of the most valued entities in the country
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Five Years Since Demonetisation, Value Of Cash In Circulation Up 64%
The value and volume of bank notes in circulation had increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21
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Case Against Bank Employee, 5 Others For Depositing Banned Currency
Over four years after the demonetisation exercise, the CBI has booked the executive manager of a bank, three firm proprietors and two persons for depositing Rs 12.84 crore in banned currency which was later transferred to different accounts through net banking as legitimate money, officials said.
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Man Routed Rs 9 Crore Black Money During Demonetisation, Arrested: Delhi Police
A 35-year-old man has been arrested for allegedly opening seven bank accounts with forged documents and routing black money to the tune of Rs nine crore through them during the demonetisation drive, police said on Friday.
-
Shaktikanta Das: Man Behind GST, Monetary Response During Covid
Shaktikanta Das, who will demit office as the Governor of the Reserve Bank of India on Tuesday, was the key man behind the planning and execution of the demonetisation drive and rollout of the landmark Goods and Services Tax (GST).
-
Courts Must Refrain From Delving Into RBI's Monetary Framework: High Court
The Reserve Bank of India (RBI) plays an important role in shaping the country's economy, and courts should refrain from delving into the monetary regulatory framework, the Bombay High Court said.
-
RBI Defends Before Delhi High Court Rs 2,000 Banknote Exchange Exercise
The Reserve Bank of India (RBI) today told the Delhi High Court that withdrawal of Rs 2000 notes is not demonetisation but a statutory exercise, and the decision to enable their exchange was taken for operational convenience.
-
Your Top 6 Questions On Withdrawal Of Rs 2,000 Notes Answered
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
-
Are Rs 1,000 Notes Coming Back? RBI Governor's Reply
The Reserve Bank of India (RBI) does not have a plan to reintroduce Rs 1,000 bank notes to ease the impact following the withdrawal of Rs 2,000 notes, RBI governor Shaktikanta Das said today, calling reports on the subject "speculative".
-
2016 Notes Ban Decision Valid: Supreme Court
The petitioners included lawyers, a political party, co-operative banks and individuals, all of whom challenged the decision in the court.
-
Produce Demonetisation-Related Records, Supreme Court Tells Centre, RBI
The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to put on record relevant records relating to the government's 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denomination for its perusal.
-
RBI, Centre Defend Demonetisation And Say Policy Followed The Rule Book
The Reserve Bank of India and the Centre on Monday defended the Centre's decision to demonetise the old currency notes of Rs 500 and Rs 1,000 before the Supreme Court of India as it said that procedure was followed.
-
Punjab National Bank Stops Digital Payment Incentive On Fuel Purchase
The lender said it has discontinued to pass on the 0.75 per cent fuel incentives from May this year
-
Ex-Bank Officer Gets 7 Years Jail For Illegal Exchange Of Banned Notes
A special court in Bengaluru has sentenced a former employee of erstwhile State Bank of Mysore (now merged with SBI) to seven years of imprisonment for illegal exchange of demonetised currency notes in November 2016, officials said here on Tuesday.
-
Rs 2,000 Currency Notes See Drastic Fall In Circulation Since Last 3 Years
Government has said that no fresh indent has been placed with currency printing presses for the Rs 2,000 denomination banknote from 2018-19 onwards
-
On The Eve Of Its Shares Listing On Bourses, The Story Of Paytm
Paytm could be on the cusp of becoming one of the most valued entities in the country
-
Five Years Since Demonetisation, Value Of Cash In Circulation Up 64%
The value and volume of bank notes in circulation had increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21
-
Case Against Bank Employee, 5 Others For Depositing Banned Currency
Over four years after the demonetisation exercise, the CBI has booked the executive manager of a bank, three firm proprietors and two persons for depositing Rs 12.84 crore in banned currency which was later transferred to different accounts through net banking as legitimate money, officials said.
-
Man Routed Rs 9 Crore Black Money During Demonetisation, Arrested: Delhi Police
A 35-year-old man has been arrested for allegedly opening seven bank accounts with forged documents and routing black money to the tune of Rs nine crore through them during the demonetisation drive, police said on Friday.
