Demonetised Currency
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Government's Crackdown On Cash Tempers De Beers Diamond Sales
Anglo American said rough diamond sales for De Beers' final sale of the year amounted to $418 million, compared with the $476 million value of the previous sales cycle this year.
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India Growth On Recovery Path From April Next Year: Morgan Stanley
The currency replacement programme is a roadblock in the short term and GDP growth for the quarters ending December and March is expected to slow down by around 50-75 bps, says Morgan Stanley.
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Note Ban To Have Minimal Negative Effect On Rising Deposits
Data on deposits/withdrawals/ cash exchanges show that the effective currency in circulation has fallen by 60 per cent between November 8 and December 8.
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For Banks, Note Ban Could Bring Rs 38,000 Crore In Treasury Windfall: Report
This potential of windfall earnings from treasury gains comes at a time when banks are facing significant challenges, from bad assets to weak credit growth to capital requirement for new regulatory norms.
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There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media
The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.
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There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media
The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.
-
70% Of Notes To Be Remonetised By February-End: SBI Research
Roughly 70 million pieces of notes of different denominations are being printed per day at the printing press. This translates into around 1.8 billion pieces per month, said the SBI Research report, released on Friday.
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Arun Jaitley Clarifies On New Rs 5,000 Deposit Rule
With nearly Rs 13 lakh crore out of the Rs 15.4 lakh crore worth of Rs 500 and Rs 1,000 junked already deposited in banks, the government has changed rules to mandate that individuals can deposit over Rs 5,000 in old currency bills only once until December 30.
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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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Police Seize Demonestised Currency Notes Worth Rs 1.23 Crore Near Mumbai
Three people were arrested in two separate incidents in Maharashtra's Thane district and demonetised currency with a face value of Rs 1.23 crore was seized from them, the police said on Tuesday.
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Eight Arrested With Demonetised Currency Worth Rs 1.5 Crore In Goa: Police
Eight people were arrested for allegedly possessing demonetised currency notes worth Rs 1.5 crore, Goa police said today. The demonetised currency was seized during a routine search of vehicles at the Pollem border check post in South Goa on Friday, deputy superintendent of police (Canacona) Kiran Paudwal.
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3 Held With Demonetised Currency Worth Over Rs 1 crore In Pune
Three people were arrested in Pune on Wednesday after demonetised currency to the tune of over Rs crore was recovered from their possession in Pune, police said.
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Currency In Circulation As Percentage Of GDP Declined Since Demonetisation, Says Official
Finance ministry official says India’s cash in circulation has fell over 1 percentage point.
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Man Arrested With Demonetised Notes Worth Over Rs 3 Crore In Gujarat
Surat police have arrested a man for allegedly carrying demonetized currency worth Rs 3.80 crore on Sunday.
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99.3% Of Rs Old Rs 500, Rs 1,000 Notes Returned To Banks After Demonetisation, Says RBI
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.
-
Government's Crackdown On Cash Tempers De Beers Diamond Sales
Anglo American said rough diamond sales for De Beers' final sale of the year amounted to $418 million, compared with the $476 million value of the previous sales cycle this year.
-
India Growth On Recovery Path From April Next Year: Morgan Stanley
The currency replacement programme is a roadblock in the short term and GDP growth for the quarters ending December and March is expected to slow down by around 50-75 bps, says Morgan Stanley.
-
Note Ban To Have Minimal Negative Effect On Rising Deposits
Data on deposits/withdrawals/ cash exchanges show that the effective currency in circulation has fallen by 60 per cent between November 8 and December 8.
-
For Banks, Note Ban Could Bring Rs 38,000 Crore In Treasury Windfall: Report
This potential of windfall earnings from treasury gains comes at a time when banks are facing significant challenges, from bad assets to weak credit growth to capital requirement for new regulatory norms.
-
There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media
The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.
-
There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media
The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.
-
70% Of Notes To Be Remonetised By February-End: SBI Research
Roughly 70 million pieces of notes of different denominations are being printed per day at the printing press. This translates into around 1.8 billion pieces per month, said the SBI Research report, released on Friday.
-
Arun Jaitley Clarifies On New Rs 5,000 Deposit Rule
With nearly Rs 13 lakh crore out of the Rs 15.4 lakh crore worth of Rs 500 and Rs 1,000 junked already deposited in banks, the government has changed rules to mandate that individuals can deposit over Rs 5,000 in old currency bills only once until December 30.
-
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.
-
Police Seize Demonestised Currency Notes Worth Rs 1.23 Crore Near Mumbai
Three people were arrested in two separate incidents in Maharashtra's Thane district and demonetised currency with a face value of Rs 1.23 crore was seized from them, the police said on Tuesday.
-
Eight Arrested With Demonetised Currency Worth Rs 1.5 Crore In Goa: Police
Eight people were arrested for allegedly possessing demonetised currency notes worth Rs 1.5 crore, Goa police said today. The demonetised currency was seized during a routine search of vehicles at the Pollem border check post in South Goa on Friday, deputy superintendent of police (Canacona) Kiran Paudwal.
-
3 Held With Demonetised Currency Worth Over Rs 1 crore In Pune
Three people were arrested in Pune on Wednesday after demonetised currency to the tune of over Rs crore was recovered from their possession in Pune, police said.
-
Currency In Circulation As Percentage Of GDP Declined Since Demonetisation, Says Official
Finance ministry official says India’s cash in circulation has fell over 1 percentage point.
-
Man Arrested With Demonetised Notes Worth Over Rs 3 Crore In Gujarat
Surat police have arrested a man for allegedly carrying demonetized currency worth Rs 3.80 crore on Sunday.
-
99.3% Of Rs Old Rs 500, Rs 1,000 Notes Returned To Banks After Demonetisation, Says RBI
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.
