Demonetisation Rbi Report

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".

Trinamool Congress leader Derek O'Brien took a swipe at Prime Minister Narendra Modi over his claim that demonetisation would push digital transactions and wipe out fake currency

Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.

Former RBI chief Raghuram Rajan said today that it was "worrying" that there was not enough focus in the country on joblessness. "There is a huge hunger for good jobs. Our job statistics have been poor for a long time," he said in an interview to NDTV on his new book "The Third Pillar".

The printing of Rs. 2,000 notes, which debuted after Prime Minister Narendra Modi's shock demonetisation move in 2016, has been reduced to the "minimum" by the Reserve Bank of India (RBI), a top finance ministry official said today amid reports that it is being phased out.

Former Prime Minister Manmohan Singh on Friday sharply criticised the government on demonetisation and jobs data and said the state of affairs in the country were a powerful indictment of the BJP-led government.

Demonetisation was not a mistake but a deliberate attack on citizens to help big businesses, Rahul Gandhi said on Thursday, stepping up his offensive against Prime Minister Narendra Modi and the government a day after the Reserve Bank of India (RBI) revealed that most of the banned cash had returned to the system.

The government today said demonetisation of high-value currency notes in November 2016 achieved the objectives "quite substantially", even as the RBI report outlined that 99.3 per cent of junked notes came back to banks.

The Congress today demanded an apology from Prime Minister Narendra Modi for allegedly lying to the country, after the RBI said 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system.

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 ...

Senior Congress leader P Chidambaram today slammed the government after the RBI said that as much as 99.3 per cent of the demonetised Rs 500 and Rs 1,000 notes have returned to the banking system, saying the Indian economy had suffered due to the notes ban by way of job loss, closure of industries and the GDP growth.

Of the Rs 15.41 lakh crore worth 500 and 1,000 rupee notes in circulation before November 8, 2016, notes worth Rs 15.31 lakh crore have been returned, said RBI.

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.

RBI has printed 3,654 million pieces of Rs 2,000 notes as on December 8

Bihar Chief Minister Nitish Kumar is still bullish on demonetisation as a winning strategy against black money, despite a central bank report saying that 99 per cent of all the cash voided by Prime Minister Narendra Modi last November is back in banks.

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".

Trinamool Congress leader Derek O'Brien took a swipe at Prime Minister Narendra Modi over his claim that demonetisation would push digital transactions and wipe out fake currency

Former Prime Minister Manmohan Singh today endorsed the Congress' NYAY scheme, claiming that its promise of providing annual income support of Rs 72,000 to each of India's poorest families will not only restart the nation's growth engine but also stimulate demand in a manner leading to increased economic activity and job creation.

Former RBI chief Raghuram Rajan said today that it was "worrying" that there was not enough focus in the country on joblessness. "There is a huge hunger for good jobs. Our job statistics have been poor for a long time," he said in an interview to NDTV on his new book "The Third Pillar".

The printing of Rs. 2,000 notes, which debuted after Prime Minister Narendra Modi's shock demonetisation move in 2016, has been reduced to the "minimum" by the Reserve Bank of India (RBI), a top finance ministry official said today amid reports that it is being phased out.

Former Prime Minister Manmohan Singh on Friday sharply criticised the government on demonetisation and jobs data and said the state of affairs in the country were a powerful indictment of the BJP-led government.

Demonetisation was not a mistake but a deliberate attack on citizens to help big businesses, Rahul Gandhi said on Thursday, stepping up his offensive against Prime Minister Narendra Modi and the government a day after the Reserve Bank of India (RBI) revealed that most of the banned cash had returned to the system.

The government today said demonetisation of high-value currency notes in November 2016 achieved the objectives "quite substantially", even as the RBI report outlined that 99.3 per cent of junked notes came back to banks.

The Congress today demanded an apology from Prime Minister Narendra Modi for allegedly lying to the country, after the RBI said 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system.

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 ...

Senior Congress leader P Chidambaram today slammed the government after the RBI said that as much as 99.3 per cent of the demonetised Rs 500 and Rs 1,000 notes have returned to the banking system, saying the Indian economy had suffered due to the notes ban by way of job loss, closure of industries and the GDP growth.

Of the Rs 15.41 lakh crore worth 500 and 1,000 rupee notes in circulation before November 8, 2016, notes worth Rs 15.31 lakh crore have been returned, said RBI.

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.

RBI has printed 3,654 million pieces of Rs 2,000 notes as on December 8

Bihar Chief Minister Nitish Kumar is still bullish on demonetisation as a winning strategy against black money, despite a central bank report saying that 99 per cent of all the cash voided by Prime Minister Narendra Modi last November is back in banks.