500 Rupee Note Ban
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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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Notes Ban Led To Formalisation Of Economy, Expanded Tax Base: Arun Jaitley
The government had on November 8, 2016, announced ban on old 500 and 1000 rupee notes, to curb black money in the system.
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4 Sacks Of Shredded Scrapped Notes Found In Madhya Pradesh
Four sacks full of shredded pieces of scrapped currency notes of Rs 500 and Rs 1,000 denominations were found in a pile of garbage here, police said.
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Significant Portion Of Deposited Notes Could Be Illicit: Government
The RBI in its Annual Report for 2016-17 said that 99 per cent of the junked 500 and 1,000 rupee notes has returned to the banking system.
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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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On Count of Banned Notes, Congress jibe: 'Child Delivered In 9 Months'
Opposition in the Rajya Sabha today sought to know why the Reserve Bank of India has not yet provided the number of demonetised 500 and 1000 rupee notes returned in the banking system, even after nine months of the note ban decision.
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Notes In Circulation Drop To Rs 11.73 Lakh Crore, Post Demonetisation
Post demonetisation, the government has come up with new 500 and 2,000 rupee notes with added security features.
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Government Notifies Law To Make Banned Note Possession Punishable
The government has notified the law that makes holding of more than 10 scrapped notes punishable with a minimum fine of Rs 10,000.
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Strong GDP Data Leaves Economists Scratching Their Heads
Government's decision last November to outlaw old 500 rupee and 1,000 rupee banknotes was widely expected to exact a heavy toll on an economy where most people are paid in cash and buy what they need with cash.
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Notes Ban Impact On Loan, Deposit Growth Significant: Moody's
The cancellation of legal tender of 500 and 1,000 rupee notes has led to a slowdown in economic activity that weighed on demand for credit among companies and retail borrowers during the October-December quarter, it said.
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At SBI ATM In Delhi, Fake Rs 2,000 Notes By 'Children Bank of India'
A man in Delhi who withdrew four 2,000-rupee notes from an ATM was shocked to see, at a closer glance, that it had been issued by the "Children Bank Of India".
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1,000 Rupee Note Not Coming, Don't Overdraw From ATMs, Urges Shaktikanta Das
From February 20, the limits from cash withdrawal from savings bank accounts were increased to Rs 50,000 per week. And effective March 13, 2017, there will be no limits on cash withdrawal from savings bank accounts.
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No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das
The government has no plans to introduce 1,000-rupee notes - abolished last year - but is focusing on ramping up production of 500-rupee and other lower denomination notes, Economic Affairs Secretary Shaktikanta Das tweeted today, scotching rumours that currency printing presses had started printing a new version of the Rs 1,000 note.
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Mamata Banerjee Announces Fund For 'Victims' Of Notes Ban
Demonetisation has burnt a Rs 350 crore-hole in West Bengal Chief Minister Mamata Banerjee's state budget. That money will be given to "victims", as it were, of the centre's move last November to abruptly scrap Rs 500 and 1,000 rupee notes: migrant workers who lost jobs in other states and had to return home and farmers and sharecroppers hit by the...
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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.
-
Notes Ban Led To Formalisation Of Economy, Expanded Tax Base: Arun Jaitley
The government had on November 8, 2016, announced ban on old 500 and 1000 rupee notes, to curb black money in the system.
-
4 Sacks Of Shredded Scrapped Notes Found In Madhya Pradesh
Four sacks full of shredded pieces of scrapped currency notes of Rs 500 and Rs 1,000 denominations were found in a pile of garbage here, police said.
-
Significant Portion Of Deposited Notes Could Be Illicit: Government
The RBI in its Annual Report for 2016-17 said that 99 per cent of the junked 500 and 1,000 rupee notes has returned to the banking system.
-
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...
-
On Count of Banned Notes, Congress jibe: 'Child Delivered In 9 Months'
Opposition in the Rajya Sabha today sought to know why the Reserve Bank of India has not yet provided the number of demonetised 500 and 1000 rupee notes returned in the banking system, even after nine months of the note ban decision.
-
Notes In Circulation Drop To Rs 11.73 Lakh Crore, Post Demonetisation
Post demonetisation, the government has come up with new 500 and 2,000 rupee notes with added security features.
-
Government Notifies Law To Make Banned Note Possession Punishable
The government has notified the law that makes holding of more than 10 scrapped notes punishable with a minimum fine of Rs 10,000.
-
Strong GDP Data Leaves Economists Scratching Their Heads
Government's decision last November to outlaw old 500 rupee and 1,000 rupee banknotes was widely expected to exact a heavy toll on an economy where most people are paid in cash and buy what they need with cash.
-
Notes Ban Impact On Loan, Deposit Growth Significant: Moody's
The cancellation of legal tender of 500 and 1,000 rupee notes has led to a slowdown in economic activity that weighed on demand for credit among companies and retail borrowers during the October-December quarter, it said.
-
At SBI ATM In Delhi, Fake Rs 2,000 Notes By 'Children Bank of India'
A man in Delhi who withdrew four 2,000-rupee notes from an ATM was shocked to see, at a closer glance, that it had been issued by the "Children Bank Of India".
-
1,000 Rupee Note Not Coming, Don't Overdraw From ATMs, Urges Shaktikanta Das
From February 20, the limits from cash withdrawal from savings bank accounts were increased to Rs 50,000 per week. And effective March 13, 2017, there will be no limits on cash withdrawal from savings bank accounts.
-
No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das
The government has no plans to introduce 1,000-rupee notes - abolished last year - but is focusing on ramping up production of 500-rupee and other lower denomination notes, Economic Affairs Secretary Shaktikanta Das tweeted today, scotching rumours that currency printing presses had started printing a new version of the Rs 1,000 note.
-
Mamata Banerjee Announces Fund For 'Victims' Of Notes Ban
Demonetisation has burnt a Rs 350 crore-hole in West Bengal Chief Minister Mamata Banerjee's state budget. That money will be given to "victims", as it were, of the centre's move last November to abruptly scrap Rs 500 and 1,000 rupee notes: migrant workers who lost jobs in other states and had to return home and farmers and sharecroppers hit by the...
