Rupee Demonetisation
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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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"Phase Out Rs 2,000 Notes": BJP MP In Rajya Sabha
A demand to gradually phase out 2,000 rupee currency notes was made in the Rajya Sabha on Monday with BJP MP Sushil Kumar Modi saying citizens holding such banknotes should be given two years to deposit them.
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6 Years After Demonetisation, Cash With Public At New High Of Rs 30.88 Lakh Crore
Currency with the public has jumped to a new high of Rs 30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move.
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Varnished 100 Rupee Currency Notes To Be Introduced Soon
The Reserve Bank will soon introduce varnished banknotes of Rs 100 denomination on a field trial basis to increase the life of the banknotes and also look at ways to make them disabled-friendly in FY20.
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Rs 2,000 Note Printing Scaled Down To Minimum By RBI: Report
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.
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Notes Ban Is "One Man Made Disaster For India," Says MK Stalin
DMK President MK Stalin and PMK Founder S Ramadoss on Thursday criticised the centre for banning Rs 500 and Rs 1,000 rupee notes in 2016.
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IMF Lists "Pluses And Minuses" Of Notes Ban, Explains Real Value Of Rupee
IMF spokesperson Gerry Rice said the International Monetary Fund continues to assess the impact of demonetisation on an ongoing basis.
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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.
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Small Business Will Be Worst Hit By Depreciating Rupee: Mamta Banerjee
West Bengal Chief Minister Mamata Banerjee today said the informal sector and small businesses will be worst hit by the depreciating rupee and lead to increase in the oil import bill.
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Depreciating Rupee Will Kill Small Businesses: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee on Thursday said the devalued rupee will lead to increase of oil import bills and small businesses will be killed further post the demonetisation.
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Cash Crunch: Government To Raise Printing Of 500 Rupees Notes
In the next couple of days, the government will have a supply of about Rs 2,500 crore worth of Rs 500 notes per day, said economic affairs secretary Subhash Chandra Garg
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Group Of Beggars 'Demonetise' 1 Rupee Coin In Uttar Pradesh
Unhappy with the small size of the one rupee coin, a group of beggars in Uttar Pradesh's Rampur has decided not to accept it anymore.
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Lalbaugcha Raja in Mumbai Gets An Offering Of 1 Lakh In Old Notes
Trustees of the famed Lalbaugcha Raja in Mumbai were in for a shock on Saturday as they counted the millions of rupees that poured in as offerings in the donation boxes during the 12-day Ganeshotsav celebrations last week.
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99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI
Prime Minister Narendra Modi last year in a surprise move banned Rs 500 and Rs 1,000 notes to counter black money, with the high denomination notes losing their legal tender status from midnight of November 8.
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It's Official. Bright Yellow Rs. 200 Notes From Today: 10 Features
New Rs 200 notes will be launched today, the Reserve Bank of India (RBI) announced today in a press release days after introducing new fluorescent blue Rs 50 banknotes. This is the fourth new note to be announced since November, when Prime Minister Narendra Modi announced an overnight ban on Rs. 1,000 and Rs. 500 notes to choke tax evaders. The gov...
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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.
-
"Phase Out Rs 2,000 Notes": BJP MP In Rajya Sabha
A demand to gradually phase out 2,000 rupee currency notes was made in the Rajya Sabha on Monday with BJP MP Sushil Kumar Modi saying citizens holding such banknotes should be given two years to deposit them.
-
6 Years After Demonetisation, Cash With Public At New High Of Rs 30.88 Lakh Crore
Currency with the public has jumped to a new high of Rs 30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move.
-
Varnished 100 Rupee Currency Notes To Be Introduced Soon
The Reserve Bank will soon introduce varnished banknotes of Rs 100 denomination on a field trial basis to increase the life of the banknotes and also look at ways to make them disabled-friendly in FY20.
-
Rs 2,000 Note Printing Scaled Down To Minimum By RBI: Report
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.
-
Notes Ban Is "One Man Made Disaster For India," Says MK Stalin
DMK President MK Stalin and PMK Founder S Ramadoss on Thursday criticised the centre for banning Rs 500 and Rs 1,000 rupee notes in 2016.
-
IMF Lists "Pluses And Minuses" Of Notes Ban, Explains Real Value Of Rupee
IMF spokesperson Gerry Rice said the International Monetary Fund continues to assess the impact of demonetisation on an ongoing basis.
-
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.
-
Small Business Will Be Worst Hit By Depreciating Rupee: Mamta Banerjee
West Bengal Chief Minister Mamata Banerjee today said the informal sector and small businesses will be worst hit by the depreciating rupee and lead to increase in the oil import bill.
-
Depreciating Rupee Will Kill Small Businesses: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee on Thursday said the devalued rupee will lead to increase of oil import bills and small businesses will be killed further post the demonetisation.
-
Cash Crunch: Government To Raise Printing Of 500 Rupees Notes
In the next couple of days, the government will have a supply of about Rs 2,500 crore worth of Rs 500 notes per day, said economic affairs secretary Subhash Chandra Garg
-
Group Of Beggars 'Demonetise' 1 Rupee Coin In Uttar Pradesh
Unhappy with the small size of the one rupee coin, a group of beggars in Uttar Pradesh's Rampur has decided not to accept it anymore.
-
Lalbaugcha Raja in Mumbai Gets An Offering Of 1 Lakh In Old Notes
Trustees of the famed Lalbaugcha Raja in Mumbai were in for a shock on Saturday as they counted the millions of rupees that poured in as offerings in the donation boxes during the 12-day Ganeshotsav celebrations last week.
-
99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI
Prime Minister Narendra Modi last year in a surprise move banned Rs 500 and Rs 1,000 notes to counter black money, with the high denomination notes losing their legal tender status from midnight of November 8.
-
It's Official. Bright Yellow Rs. 200 Notes From Today: 10 Features
New Rs 200 notes will be launched today, the Reserve Bank of India (RBI) announced today in a press release days after introducing new fluorescent blue Rs 50 banknotes. This is the fourth new note to be announced since November, when Prime Minister Narendra Modi announced an overnight ban on Rs. 1,000 and Rs. 500 notes to choke tax evaders. The gov...
