Rs. 500 And 1000 Bank Notes
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Rs 500, 1000 Notes Banned On RBI Suggestion: Minister Ravi Shankar Prasad
Law and IT Minister Ravi Shankar Prasad today said the decision to scrap 500 and 1,000 rupee notes was taken by the government on the recommendation of the Reserve Bank of India.
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21,000-Crore Move By Government To Help Farmers Hit By Notes Ban
The government has provided a credit line of 21,000 crores to support millions of farmers who have been left short of cash to buy seeds and fertilisers for their winter crops after its decision to cancel 500 and 1,000 rupee bank notes.
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Kerala Passes Resolution Against Centre Targeting Co-operative Banks
The Kerala assembly in a special session on Tuesday passed a resolution against the centre for "sidelining co-operative banks" with only BJP legislator O. Rajagopal opposing the move.
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New Rs 500 Notes Still Not Available In Karnataka: Reserve Bank Of India
Even 13 days after the demonetisation of higher currency, the Reserve Bank of India (RBI) has not yet released the new Rs 500 notes in Karnataka, resulting in continuing cash chaos in the state.
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Armed, Masked Men Leave Kashmir Bank With Rs 11 lakhs In Old Notes
Four masked and armed men burst into a bank in Kashmir today and left with Rs 13 lakhs, comprising largely of the outlawed 500- and 1,000-rupee notes.
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Banks Have Received $80 Billion In 500, 1,000 Rupee Notes, Says RBI: 10 Points
The Reserve Bank of India on Monday said banks have received 5.45 trillion rupees or 80 billion dollars in 500 and 1,000 rupee notes from November 10 to 18, after the government decided to withdraw high value bills to eliminate black or untaxed money and counterfeit currency.
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The Diary Of A Farmer Who Walked 70 Km To End Up With A 2000-Rupee Note
At 7am, Bihari Das is usually at work on the farm he owns in Bundelkhand in Central Uttar Pradesh. This morning, he headed in the opposite direction.
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'Come See Our Villages, Then You Will Know': Angry Farmers On Notes Ban
By 9 am, the line outside a bank in Bundelkhand in central Uttar Pradesh is staggering. Bihari Das is exhausted. He walked ten kilometres to get to this bank - for the fourth day in a row. "It's incredibly frustrating for me. I can't afford to do this each day, but I have to," said the 65-year-old farmer. Each time he has made his exacting journey...
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ATMs Ready, Notes Printed, Back To Normal By Month End: Government Sources
Normal banking operations should resume by the end of the month, say top government sources, with the printing of Rs 2,000 notes almost over and the recalibration of all the two lakh-odd ATMs in the country expected to be done by then, easing the cash crunch.
-
Cash Van Attacked In Assam, Driver Killed
A cash-carrying van was today attacked in Assam killing the driver and three more deaths due to apparent stress were reported as people failed to get any respite from chaotic scenes outside ATMs and banks eight days after demonetisation and struggled to secure valid currency.
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Opposition Attacks PM Narendra Modi On Notes Ban. Nitish Kumar Disagrees. Strongly
On a day when the opposition launched an offensive against the government over the abrupt withdrawal of Rs 500 and Rs 1,000 notes, there was a rare exception. Nitish Kumar, Chief Minister of Bihar, expressed his "total support" for the ban, introduced last week by Prime Minister Narendra Modi.
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A Rare Sight - Working ATM, No Lines. Villagers Don't Know How To Use It
At the ATM outside a public undertaking bank just 25 kilometres from Bhopal, there is no sign of the sort of lines that are making daily headlines.
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'Surgical Strike Or Carpet Bombing', People Suffering: Supreme Court On Notes Ban
As people desperate for cash spent hours at banks and ATMs even a week after a sudden ban on Rs 500 and Rs 1,000 notes, the Supreme Court told the centre on Tuesday: "You call it surgical strike or carpet bombing, there is some collateral damage."
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Indelible Ink When You Exchange Notes, Just Like When You Vote
As India deals with a massive cash crunch, indelible ink will be used at banks to mark those who have exchanged new notes to ensure that people are not drawing more than their fair share, said Finance Ministry officials today.
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SBI Chief Arundhati Bhattacharya On ATMs Running Dry And The 100-Rupee Note Problem
If it's hurting to stand in those long lines at banks, waiting for cash, exhale a little. Arundhati Bhattacharya, the head of the State Bank of India or SBI, says that though it may not seem like it, the number of people visiting banks is decreasing.
-
Rs 500, 1000 Notes Banned On RBI Suggestion: Minister Ravi Shankar Prasad
Law and IT Minister Ravi Shankar Prasad today said the decision to scrap 500 and 1,000 rupee notes was taken by the government on the recommendation of the Reserve Bank of India.
-
21,000-Crore Move By Government To Help Farmers Hit By Notes Ban
The government has provided a credit line of 21,000 crores to support millions of farmers who have been left short of cash to buy seeds and fertilisers for their winter crops after its decision to cancel 500 and 1,000 rupee bank notes.
-
Kerala Passes Resolution Against Centre Targeting Co-operative Banks
The Kerala assembly in a special session on Tuesday passed a resolution against the centre for "sidelining co-operative banks" with only BJP legislator O. Rajagopal opposing the move.
-
New Rs 500 Notes Still Not Available In Karnataka: Reserve Bank Of India
Even 13 days after the demonetisation of higher currency, the Reserve Bank of India (RBI) has not yet released the new Rs 500 notes in Karnataka, resulting in continuing cash chaos in the state.
-
Armed, Masked Men Leave Kashmir Bank With Rs 11 lakhs In Old Notes
Four masked and armed men burst into a bank in Kashmir today and left with Rs 13 lakhs, comprising largely of the outlawed 500- and 1,000-rupee notes.
-
Banks Have Received $80 Billion In 500, 1,000 Rupee Notes, Says RBI: 10 Points
The Reserve Bank of India on Monday said banks have received 5.45 trillion rupees or 80 billion dollars in 500 and 1,000 rupee notes from November 10 to 18, after the government decided to withdraw high value bills to eliminate black or untaxed money and counterfeit currency.
-
The Diary Of A Farmer Who Walked 70 Km To End Up With A 2000-Rupee Note
At 7am, Bihari Das is usually at work on the farm he owns in Bundelkhand in Central Uttar Pradesh. This morning, he headed in the opposite direction.
-
'Come See Our Villages, Then You Will Know': Angry Farmers On Notes Ban
By 9 am, the line outside a bank in Bundelkhand in central Uttar Pradesh is staggering. Bihari Das is exhausted. He walked ten kilometres to get to this bank - for the fourth day in a row. "It's incredibly frustrating for me. I can't afford to do this each day, but I have to," said the 65-year-old farmer. Each time he has made his exacting journey...
-
ATMs Ready, Notes Printed, Back To Normal By Month End: Government Sources
Normal banking operations should resume by the end of the month, say top government sources, with the printing of Rs 2,000 notes almost over and the recalibration of all the two lakh-odd ATMs in the country expected to be done by then, easing the cash crunch.
-
Cash Van Attacked In Assam, Driver Killed
A cash-carrying van was today attacked in Assam killing the driver and three more deaths due to apparent stress were reported as people failed to get any respite from chaotic scenes outside ATMs and banks eight days after demonetisation and struggled to secure valid currency.
-
Opposition Attacks PM Narendra Modi On Notes Ban. Nitish Kumar Disagrees. Strongly
On a day when the opposition launched an offensive against the government over the abrupt withdrawal of Rs 500 and Rs 1,000 notes, there was a rare exception. Nitish Kumar, Chief Minister of Bihar, expressed his "total support" for the ban, introduced last week by Prime Minister Narendra Modi.
-
A Rare Sight - Working ATM, No Lines. Villagers Don't Know How To Use It
At the ATM outside a public undertaking bank just 25 kilometres from Bhopal, there is no sign of the sort of lines that are making daily headlines.
-
'Surgical Strike Or Carpet Bombing', People Suffering: Supreme Court On Notes Ban
As people desperate for cash spent hours at banks and ATMs even a week after a sudden ban on Rs 500 and Rs 1,000 notes, the Supreme Court told the centre on Tuesday: "You call it surgical strike or carpet bombing, there is some collateral damage."
-
Indelible Ink When You Exchange Notes, Just Like When You Vote
As India deals with a massive cash crunch, indelible ink will be used at banks to mark those who have exchanged new notes to ensure that people are not drawing more than their fair share, said Finance Ministry officials today.
-
SBI Chief Arundhati Bhattacharya On ATMs Running Dry And The 100-Rupee Note Problem
If it's hurting to stand in those long lines at banks, waiting for cash, exhale a little. Arundhati Bhattacharya, the head of the State Bank of India or SBI, says that though it may not seem like it, the number of people visiting banks is decreasing.
