Rs 500 Banknotes
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Man Discovers Old Rs 500 Note In His Father's Trunk. Then Finds Its Worth
A man posted a picture of a Rs 500 note he found inside his father's old trunk on Reddit. He believed it was a rare banknote from over 50 years ago and asked people on the platform about its possible value.
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2 Arrested For Smuggling Fake 500 Notes From Bengal To Delhi: Cops
Two men were arrested in connection with the smuggling of counterfeit banknotes of Rs 500 denomination from West Bengal to Delhi, police said on Wednesday.
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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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Rs 200, Rs 500 Note Printing Stopped Due To Ink Shortage: Union Leader
Non-availability of ink has resulted in a halt in printing of Rs 200 and Rs 500 denomination banknotes at the Currency Note Press in Nashik, an employees' union leader claimed today.
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91 Lakhs? 56 Lakhs? 5.4 Lakhs? Fact-Checking Centre's 'Tax Surge' Claims
To counter increasing evidence that demonetisation may have dented the Indian economy, the government has put out a series of statistics to show that the contentious move to scrap Rs 500 and Rs 1,000 banknotes last November has improved economic health, specifically by expanding India's tax base.
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New Rs 500 Notes To Have Inset Letter 'A', Says RBI
The Reserve Bank of India further said the design of the new Rs 500 notes is similar in all respects to those belonging to the Mahatma Gandhi (New) Series.
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Scrap 2,000 And 500-Rupee Notes: Chandrababu Naidu To Centre
Andhra Pradesh Chief Minister N Chandrababu Naidu today asked the Centre to scrap the banknotes of Rs 2,000 and Rs 500 denomination to speed up digital payments.
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11 Of 17 Security Features Of Rs 2,000 Note Cracked. Centre Draws A Plan
To check counterfeiting, the government plans to change security features of higher denomination banknotes of Rs 2,000 and Rs 500 every 3-4 years in accordance with global standards. The move comes in the wake of recovery of a large amount of fake Indian currency notes in last four months after demonetisation.
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No Proposal To Withdraw New 2,000 Rupee Notes: Arun Jaitley
The Rs 2,000 banknotes were introduced along with new Rs 500 currency following the withdrawal of old Rs 500 and Rs 1,000 notes from November 9, 2016.
-
Banks Advised To Step Up Allocation Of Cash For Rural Areas
The central bank said some steps have already been initiated after observing that banknotes being supplied to the rural areas "are not commensurate with the requirements of the rural population".
-
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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Banks Can't Turn Away Customers Depositing Pre-2005 Notes: RBI
In a clarification, the RBI said these specified bank notes (SBNs) would also include pre-2005 banknotes in the denominations of Rs 500 and Rs 1,000.
-
Finance Minister Arun Jaitley Hints Not All Scrapped Currency Will Be Remonetised
As many as 17,165 million pieces of Rs 500 denomination and 6,858 million pieces of Rs 1,000 banknotes were in circulation on November 8 when the government made the surprise announcement.
-
RBI To Issue Rs 500 Notes In New Series Soon
In a serially numbered packet, banknotes with any defect, detected at the printing stage, are replaced at the note printing presses by banknotes having the same number so that the sequence of the packet is maintained.
-
Issued Notes Worth Rs 4.27 Lakh Crore Post-Demonetisation: RBI
The RBI said that it "will shortly" issue Rs 500 denomination banknotes in the Mahatma Gandhi (New) Series, without any inset letter, bearing signature of Governor Urjit R Patel.
-
Man Discovers Old Rs 500 Note In His Father's Trunk. Then Finds Its Worth
A man posted a picture of a Rs 500 note he found inside his father's old trunk on Reddit. He believed it was a rare banknote from over 50 years ago and asked people on the platform about its possible value.
-
2 Arrested For Smuggling Fake 500 Notes From Bengal To Delhi: Cops
Two men were arrested in connection with the smuggling of counterfeit banknotes of Rs 500 denomination from West Bengal to Delhi, police said on Wednesday.
-
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".
-
Rs 200, Rs 500 Note Printing Stopped Due To Ink Shortage: Union Leader
Non-availability of ink has resulted in a halt in printing of Rs 200 and Rs 500 denomination banknotes at the Currency Note Press in Nashik, an employees' union leader claimed today.
-
91 Lakhs? 56 Lakhs? 5.4 Lakhs? Fact-Checking Centre's 'Tax Surge' Claims
To counter increasing evidence that demonetisation may have dented the Indian economy, the government has put out a series of statistics to show that the contentious move to scrap Rs 500 and Rs 1,000 banknotes last November has improved economic health, specifically by expanding India's tax base.
-
New Rs 500 Notes To Have Inset Letter 'A', Says RBI
The Reserve Bank of India further said the design of the new Rs 500 notes is similar in all respects to those belonging to the Mahatma Gandhi (New) Series.
-
Scrap 2,000 And 500-Rupee Notes: Chandrababu Naidu To Centre
Andhra Pradesh Chief Minister N Chandrababu Naidu today asked the Centre to scrap the banknotes of Rs 2,000 and Rs 500 denomination to speed up digital payments.
-
11 Of 17 Security Features Of Rs 2,000 Note Cracked. Centre Draws A Plan
To check counterfeiting, the government plans to change security features of higher denomination banknotes of Rs 2,000 and Rs 500 every 3-4 years in accordance with global standards. The move comes in the wake of recovery of a large amount of fake Indian currency notes in last four months after demonetisation.
-
No Proposal To Withdraw New 2,000 Rupee Notes: Arun Jaitley
The Rs 2,000 banknotes were introduced along with new Rs 500 currency following the withdrawal of old Rs 500 and Rs 1,000 notes from November 9, 2016.
-
Banks Advised To Step Up Allocation Of Cash For Rural Areas
The central bank said some steps have already been initiated after observing that banknotes being supplied to the rural areas "are not commensurate with the requirements of the rural population".
-
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.
-
Banks Can't Turn Away Customers Depositing Pre-2005 Notes: RBI
In a clarification, the RBI said these specified bank notes (SBNs) would also include pre-2005 banknotes in the denominations of Rs 500 and Rs 1,000.
-
Finance Minister Arun Jaitley Hints Not All Scrapped Currency Will Be Remonetised
As many as 17,165 million pieces of Rs 500 denomination and 6,858 million pieces of Rs 1,000 banknotes were in circulation on November 8 when the government made the surprise announcement.
-
RBI To Issue Rs 500 Notes In New Series Soon
In a serially numbered packet, banknotes with any defect, detected at the printing stage, are replaced at the note printing presses by banknotes having the same number so that the sequence of the packet is maintained.
-
Issued Notes Worth Rs 4.27 Lakh Crore Post-Demonetisation: RBI
The RBI said that it "will shortly" issue Rs 500 denomination banknotes in the Mahatma Gandhi (New) Series, without any inset letter, bearing signature of Governor Urjit R Patel.
