Bank Notes Exchange

About 2.08 per cent or Rs 7,409 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about ten months after the deadline to deposit or exchange them at bank branches were over.

The share of Rs 500 denomination currency notes in overall currency has jumped to 86.5 per cent at the end of March 2024, as against 77.1 per cent in the year-ago period, the Reserve Bank of India (RBI) said on Thursday.

The Reserve Bank of India (RBI) has announced that it will not be exchanging or accepting Rs 2000 notes on April 1 due to the annual closing of accounts.

The Economic Offence Wing (EOW) of Odisha Police questioned people standing in queue to exchange Rs 2000 currency notes at the Reserve Bank of India counter here to find out whether they were acting as agents for others, an official said.

The Reserve Bank on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system, and only Rs 10,000 crore worth of such notes are still with the public.

With banks stopping accepting Rs 2,000 notes, people have started queuing up at 19 Reserve Bank of India offices to exchange the high denomination currency, which was withdrawn from circulation.

The last date to exchange Rs 2,000 notes at the bank is today. According to RBI, the Rs 2,000 currency note will remain legal tender even after the October 7 deadline, however, they will not be accepted for transactions.

Flipkart Big Billion Days sale starts on October 7, and if you're looking to buy the smartphone off your wish list, this would be a good time to do so. The Flipkart sale also brings bank and exchange offers for additional discount on select products. Here, we take a look at some of the best smartphone deals in the price range of Rs. 10,000 to Rs. 1...

The last date to exchange Rs 2,000 notes at banks has been extended till October 7, the Reserve Bank of India (RBI) said in a statement today. The RBI said the Rs 2,000 note will remain valid even after the deadline to exchange ends.

According to the Reserve Bank of India (RBI), from October 1, the Rs 2,000 currency note will cease to have its value and will be just another piece of paper.

The Rs 2,000 denomination banknote will cease to have its value after Saturday and will be just another piece of paper if one does not get it exchanged in any bank, the Reserve Bank of India (RBI) clarified on Friday.

According to the Reserve Bank of India's "clean note policy", the highest denomination currency note in India - Rs 2,000 note, will lose its status as legal tender after September 30, 2023.

As much as 88 per cent of the Rs 2,000 currency notes have either been deposited or exchanged at banks, and only Rs 42,000 crore worth of such notes are with public as on July 31, the Reserve Bank of India (RBI) said today.

Police have seized Rs 27.62 lakhs, including several Rs 2,000 notes, and arrested two persons for allegedly helping Maoists exchange Rs 2,000 notes illegally in Maharashtra's Gadchiroli district, officials said on Thursday.

As much as 76 per cent of the Rs 2,000 notes in circulation have been returned to banks, mostly through deposits, the Reserve Bank of India said on Monday.

About 2.08 per cent or Rs 7,409 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about ten months after the deadline to deposit or exchange them at bank branches were over.

The share of Rs 500 denomination currency notes in overall currency has jumped to 86.5 per cent at the end of March 2024, as against 77.1 per cent in the year-ago period, the Reserve Bank of India (RBI) said on Thursday.

The Reserve Bank of India (RBI) has announced that it will not be exchanging or accepting Rs 2000 notes on April 1 due to the annual closing of accounts.

The Economic Offence Wing (EOW) of Odisha Police questioned people standing in queue to exchange Rs 2000 currency notes at the Reserve Bank of India counter here to find out whether they were acting as agents for others, an official said.

The Reserve Bank on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system, and only Rs 10,000 crore worth of such notes are still with the public.

With banks stopping accepting Rs 2,000 notes, people have started queuing up at 19 Reserve Bank of India offices to exchange the high denomination currency, which was withdrawn from circulation.

The last date to exchange Rs 2,000 notes at the bank is today. According to RBI, the Rs 2,000 currency note will remain legal tender even after the October 7 deadline, however, they will not be accepted for transactions.

Flipkart Big Billion Days sale starts on October 7, and if you're looking to buy the smartphone off your wish list, this would be a good time to do so. The Flipkart sale also brings bank and exchange offers for additional discount on select products. Here, we take a look at some of the best smartphone deals in the price range of Rs. 10,000 to Rs. 1...

The last date to exchange Rs 2,000 notes at banks has been extended till October 7, the Reserve Bank of India (RBI) said in a statement today. The RBI said the Rs 2,000 note will remain valid even after the deadline to exchange ends.

According to the Reserve Bank of India (RBI), from October 1, the Rs 2,000 currency note will cease to have its value and will be just another piece of paper.

The Rs 2,000 denomination banknote will cease to have its value after Saturday and will be just another piece of paper if one does not get it exchanged in any bank, the Reserve Bank of India (RBI) clarified on Friday.

According to the Reserve Bank of India's "clean note policy", the highest denomination currency note in India - Rs 2,000 note, will lose its status as legal tender after September 30, 2023.

As much as 88 per cent of the Rs 2,000 currency notes have either been deposited or exchanged at banks, and only Rs 42,000 crore worth of such notes are with public as on July 31, the Reserve Bank of India (RBI) said today.

Police have seized Rs 27.62 lakhs, including several Rs 2,000 notes, and arrested two persons for allegedly helping Maoists exchange Rs 2,000 notes illegally in Maharashtra's Gadchiroli district, officials said on Thursday.

As much as 76 per cent of the Rs 2,000 notes in circulation have been returned to banks, mostly through deposits, the Reserve Bank of India said on Monday.